Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
THE FREMONT GROUP FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 193809
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN FRANCISCO, CA941193809
A Employer identification number

33-3255428
B Telephone number (see instructions)

(415) 284-8598
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$11,326,468J Accounting method:
MODIFIED CASH
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 100,846 100,846  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 621,772
b Gross sales price for all assets on line 6a 974,998
7 Capital gain net income (from Part IV, line 2)... 621,772
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 722,618 722,618  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 2,453 0   2,453
b Accounting fees (attach schedule)....... Click to see attachment 54,700 0   54,700
c Other professional fees (attach schedule).... Click to see attachment 15,750 15,750   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 14,889 767   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 585 0   585
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 88,377 16,517   57,738
25 Contributions, gifts, grants paid....... 478,829 478,829
26 Total expenses and disbursements. Add lines 24 and 25 567,206 16,517   536,567
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 155,412
b Net investment income (if negative, enter -0-) 706,101
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 323,226 149,072 149,072
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........   3,334 3,334
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 7,326,604 Click to see attachment7,646,292 11,174,062
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,649,830 7,798,698 11,326,468
Liabilities 17 Accounts payable and accrued expenses.......... 6,544  
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 6,544 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 7,643,286 7,798,698
30 Total net assets or fund balances (see instructions)..... 7,643,286 7,798,698
31 Total liabilities and net assets/fund balances (see instructions). 7,649,830 7,798,698
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
7,643,286
2
Enter amount from Part I, line 27a .....................
2
155,412
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,798,698
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
7,798,698
Form 990-PF (2015)
Form 990-PF (2015)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 481.05 SHS MFO BARON AST GROWTH FD P 2014-12-02 2015-10-23
b 224.37 SHS MFO BARON AST GROWTH FD P 2002-03-22 2015-10-23
c 269.72 SHS DODGE & COX STOCK FUND COMMON STOCK P 2014-12-19 2015-06-11
d 875.7 SHS LONGLEAF PARTNERS SM CAP FD P 2015-11-12 2015-11-24
e 1,730.1 SHS LONGLEAF PARTNERS SM CAP FD P 2008-03-28 2015-10-23
6,482.65 SHS LONGLEAF PARTNERS SM CAP FD P 2008-03-28 2015-11-24
882.46 SHS MFO PRICE T ROWE GROWTH STK FD INC COM STK P 2014-12-12 2015-06-11
CAPITAL GAINS DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 34,096   34,111 -15
b 15,903   7,065 8,838
c 50,000   48,936 1,064
d 23,801   23,591 210
e 50,000   41,003 8,997
176,198   153,638 22,560
50,000   44,882 5,118
575,000     575,000
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       -15
b       8,838
c       1,064
d       210
e       8,997
      22,560
      5,118
      575,000
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 621,772
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 443,512 11,276,112 0.039332
2013 396,930 9,978,937 0.039777
2012 408,546 8,663,845 0.047155
2011 451,078 8,508,607 0.053014
2010 433,989 7,841,130 0.055348
2
Total of line 1, column (d) .....................
20.234626
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years . . .
3
0.046925
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
11,603,270
5
Multiply line 4 by line 3......................
5
544,483
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
7,061
7
Add lines 5 and 6........................
7
551,544
8
Enter qualifying distributions from Part XII, line 4.............
8
536,567
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2015)
Form 990-PF (2015)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 14,122
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 14,122
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 14,122
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 17,456
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 11,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 28,456
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 14,334
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet14,334 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletVPTREASDIRECTOR Telephone no.bullet (415) 284-8598

    Located atbullet199 FREMONT STREET 22ND FLOORSAN FRANCISCOCA ZIP+4bullet94105
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    BRENDA A LEVINE PRES/DIRECTOR
    0.00     		0 0 0
    PO BOX 193809
    SAN FRANCISCO,CA941193809
    ALAN M DACHS DIRECTOR
    0.00     		0 0 0
    PO BOX 193809
    SAN FRANCISCO,CA941193809
    RICHARD S KOPF V-P/SCTY/DIRECTOR
    0.00     		0 0 0
    PO BOX 193809
    SAN FRANCISCO,CA941193809
    DEBORAH L DUNCAN V-P/TREASURER/DIRECTOR
    0.00     		0 0 0
    PO BOX 193809
    SAN FRANCISCO,CA941193809
    SHU C HUANG V-P/DIRECTOR
    0.00     		0 0 0
    PO BOX 193809
    SAN FRANCISCO,CA941193809
    DAVE R COVIN V-P/DIRECTOR
    0.00     		0 0 0
    PO BOX 193809
    SAN FRANCISCO,CA941193809
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    11,597,164
    b
    Average of monthly cash balances.......................
    1b
    182,806
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    11,779,970
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    11,779,970
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    176,700
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    11,603,270
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    580,164
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    580,164
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    14,122
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    14,122
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    566,042
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    566,042
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    566,042
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    536,567
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    536,567
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    536,567
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 566,042
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 36,631
    b From 2011...... 30,134
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........ 66,765
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 536,567
    a Applied to 2014, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2015 distributable amount..... 536,567
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 29,475 29,475
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 37,290
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		7,156
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		30,134
    10 Analysis of line 9:
    a Excess from 2011.... 30,134
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ALAMEDA EMERGENCY FOOD DBA ALAMEDA FOOD BANK
    PO BOX 2167
    ALAMEDA,CA94501     		N/A PC TO PROVIDE MEALS FOR LOW INCOME RESIDENTS 100
    AMERICAN CANCER SOCIETY
    PO BOX 22718
    OKLAHOMA CITY,OK73123     		N/A PC EDUCATE & FUND RESEARCH OF CANCER TREATMENTS IN MEMORY OF IRENE R. MCNEELY 300
    AMERICAN DIABETES ASSOCIATION
    PO BOX 11454
    ALEXANDRIA,VA22312     		N/A PC HELP PREVENT & CURE DIABETES IN MEMORY OF CARLOS MARIANO 300
    BAT CONSERVATION INTERNATIONAL
    PO BOX 162603
    AUSTIN,TX78716     		N/A PC HABITAT AND CONSERVATION PROGRAMS FOR BAT WILDLIFE 250
    BAY AREA RESCUE MISSION
    PO BOX 1112
    RICHMOND,CA94802     		N/A PC HELP PROVIDE CLOTHING, FOOD, SHELTER, AND JOB TRAINING PROGRAMS FOR PEOPLE IN NEED 100
    BAY SCHOOL OF SAN FRANCISCO THE
    35 KEYES AVE
    SAN FRANCISCO,CA94129     		N/A PC SUPPORT FOR THE SCHOOL LIBRARY 500
    BEST FRIENDS ANIMAL SOCIETY
    5001 ANGEL CANYON ROAD
    KANAB,UT84741     		N/A PC TO HELP SAVE & PROTECT ALL ANIMALS 500
    BLACK PINE CIRCLE SCHOOL
    2027 7TH STREET
    BERKELEY,CA94710     		N/A PC TO SUPPORT FINANCIAL AID PROGRAMS 100
    BOYS & GIRLS CLUBS OF SAN FRANCISCO (BGCSF)
    380 FULTON STREET
    SAN FRANCISCO,CA94102     		N/A PC "SUCCESS IN LIFE" YOUTH PROGRAMS 15,000
    CANINE COMPANIONS FOR INDEPENDENCE
    PO BOX 446
    SANTA ROSA,CA95402     		N/A PC PROVIDING ANIMALS TO ASSIST IN THE LIVES OF CHILDREN & ADULTS WITH DISABILITIES 150
    CARB DM INC
    1066 LEONELLO AVE
    LOS ALTOS,CA94024     		N/A PC TO ASSIST PEOPLE WITH DIABETES BY PROVIDING EDUCATION & SUPPORT 100
    CARLETON COLLEGE
    ONE NORTH COLLEGE ST
    NORTHFIELD,MN55057     		N/A PC TO SUPPORT SCHOLARSHIP PROGRAMS 5,000
    CITY OF HOPE
    1500 E DUARTE ROAD
    DUARTE,CA91010     		N/A PC SUPPORT CANCER RESEARCH PROGRAMS 100
    COLLEGE PREPARATORY SCHOOL THE
    6100 BROADWAY
    OAKLAND,CA94618     		N/A PC SUPPORT COLLEGE PREPARATORY EDUCATION 5,000
    COLORADO COLLEGE
    14 E CACHE LA POUDRE
    COLORADO SPRINGS,CO80903     		N/A PC SUPPORT UNDERGRADUATE LIBERAL ARTS EDUCATION 150
    CORTE MADERA COMMUNITY FOUNDATION
    PO BOX 7109
    CORTE MADERA,CA94976     		N/A PC HELP SUPPORT THE SUMMER CONCERTS AT PICCOLO PAVILION 100
    COUNCIL ON FOUNDATIONS
    2121 CRYSTAL DRIVE SUITE 700
    ARLINGTON,VA22202     		N/A PC PROVIDE TOOLS NEEDED TO EXPAND, ENHANCE, AND SUSTAIN THEIR ABILITY TO ADVANCE THE COMMON GOOD. 510
    CRYSTAL SPRINGS UPLANDS SCHOOL
    400 UPLANDS DRIVE
    HILLSBOROUGH,CA94010     		N/A PC SUPPORT FINANCIAL AID PROGRAM 10,000
    DOCTORS WITHOUT BORDERS
    333 7TH AVE FLOOR 2
    NEW YORK,NY10001     		N/A PC SUPPORT PROGRAMS THAT PROVIDE EMERGENCY MEDICAL CARE 200
    DONORSCHOOSEORG
    134 W 37TH STREET FLOOR 11
    NEW YORK,NY10018     		N/A PC HELP THE READING PROGRAMS FOR PUBLIC SCHOOL CLASSROOMS 300
    ECOSYSTEM SCIENCES FOUNDATION
    202 N 9TH STREET SUITE 400
    BOISE,ID83702     		N/A PC PHASE 1 OF A TWO-YEAR RAINBOW & BROWN TROUT HABITAT EVALUATION WITHIN THE SILVER CREEK WATERSHED 10,000
    FACE TO FACE SONOMA COUNTY AIDS NETWORK
    873 2ND STREET
    SANTA ROSA,CA95404     		N/A PC PREVENTION WORK TO END HIV IN SONOMA COUNTY 100
    FOOD FOR THOUGHT AKA FOOD FOR THOUGHT-SONOMA COUNTY AIDS FOOD BANK
    PO BOX 1608
    FORESTVILLE,CA95436     		N/A PC TO PROVIDE FOOD AND MEALS FOR PEOPLE OF LOW INCOME 100
    FRED FINCH YOUTH CENTER
    3800 COOLIDGE AVENUE
    OAKLAND,CA94602     		N/A PC INDIVIDUALIZED PLACEMENT EMPLOYMENT SERVICES PROGRAM FOR TRANSITIONAL AGE YOUTH. 20,000
    GHIBERTI FOUNDATION
    1100 CALIFORNIA ST
    SAN FRANCISCO,CA94108     		N/A PC ARTS PROGRAM WHICH INSPIRES & ENRICHES COMMUNITIES THROUGH THE ARTS, EDUCATION , & CONVERSATION 10,000
    GIRLS INCORPORATED OF ALAMEDA COUNTY
    510 16TH STREET
    OAKLAND,CA94612     		N/A PC 2015-2016 EUREKA! TEEN ACHIEVEMENT PROGRAM 30,000
    HANDFUL PLAYERS
    1700 CALIFORNIA ST SUITE 335
    SAN FRANCISCO,CA94109     		N/A PC SUPPORT MUSICAL THEATER WORKSHOPS, ORIGINAL PLAYS, AND COMMUNITY PERFORMANCES FOR UNDERSERVED YOUTH 5,000
    HEAD-ROYCE SCHOOL
    4313 LINCOLN AVE
    OAKLAND,CA94602     		N/A PC 2015-2016 HEADS-UP PROGRAM TO SUPPORT UNDERSERVED MIDDLE SCHOOL STUDENTS 20,000
    HEIFER INTERNATIONAL
    1 WORLD AVE
    LITTLE ROCK,AR72202     		N/A PC TO SUPPORT SUSTAINABLE LIVELIHOODS FOR LOWER INCOME FAMILIES 120
    INSTITUTE FOR ETHNOMEDICINE INC THE
    PO BOX 3464
    JACKSON,WY83001     		N/A PC TO SUPPORT RESEARCH FOR CURES FOR SERIOUS ILLNESSES 500
    JEWISH FAMILY AND CHILDREN'S SERVICES
    2150 POST STREET
    SAN FRANCISCO,CA94115     		N/A PC PROVIDE SERVICES TO CHILDREN, FAMILIES & SENIORS IN NEED IN SAN FRANCISCO 1,500
    KITTELSON CHARITABLE FOUNDATION
    610 SW ALDER ST SUITE 700
    PORTLAND,OR97205     		N/A PC SUPPORT THE COLLEGE EDUCATION PROGRAM IN APPLIED STATISTICS 500
    KQED
    2601 MARIPOSA ST
    SAN FRANCISCO,CA94117     		N/A PC TO SUPPORT EDUCATIONAL PROGRAMMING & OPERATIONS 500
    LA CASA DE LAS MADRES
    1663 MISSION STREET SUITE 225
    SAN FRANCISCO,CA94103     		N/A PC PROGRAM SUPPORT FOR THE PREVENTION OF DOMESTIC VIOLENCE & TO SUPPORT VICTIMS OF DOMESTIC VIOLENCE 1,000
    LEUKEMIA & LYMPHOMA SOCIETY THE
    221 MAIN STREET SUITE 1650
    SAN FRANCISCO,CA94105     		N/A PC LEUKEMIA & LYMPHOMA CURE RESEARCH 100
    MEALS ON WHEELS OF CONTRA COSTA
    1220 MORELLO AVE STE 210
    MARTINEZ,CA94553     		N/A PC HOLIDAY MEAL ASSISTANCE PROGRAM 500
    MONTE VISTA HIGH SCHOOL ACADEMIC BOOSTER NONPROFIT ORGANIZATION
    3131 STONE VALLEY ROAD
    DANVILLE,CA94526     		N/A PC HELP ADD ADDITIONAL CLASSES TO CURRICULUM & TO REDUCE CLASS SIZES 300
    NATIONAL MULTIPLE SCLEROSIS SOCIETY NORTHERN CALIFORNIA CHAPTER
    1700 OWENS STREET SUITE 190
    SAN FRANCISCO,CA94158     		N/A PC SUPPORT RESEARCH INTO MULTIPLE SCLEROSIS 100
    NATURAL RESOURCES DEFENSE COUNCIL
    40 W 20TH STREET
    NEW YORK,NY10011     		N/A PC TO SUPPORT ENVIRONMENTAL PROTECTION PROGRAMS 1,000
    NATURE CONSERVANCY THE
    4245 FAIRFAX DRIVE
    ARLINGTON,VA22203     		N/A PC HELP WITH CONSERVATION WORK IN CALIFORNIA 10,000
    NATURE CONSERVANCY OF IDAHO THE
    116 FIRST AVENUE NORTH
    HAILEY,ID83333     		N/A PC ENSURE CLEAN WATER SUPPLIES, HEALTHY HABITATS, & PROTECTION OF SILVER CREEK 10,000
    PRINCETON NATIONAL ROWING ASSOCIATION
    1 SOUTH POST ROAD
    PRINCETON,NJ08550     		N/A PC SUPPORT THE HOST FAMILY PROGRAM FOR THE US OLYMPIC ROWING TEAM 10,000
    PRINCETON UNIVERSITY
    330 ALEXANDER STREET 4TH FLOOR PO
    BOX 5357
    PRINCETON,NJ08543     		N/A PC SUPPORT STUDENT ATHLETES AT PRINCETON'S ROWING PROGRAM 10,000
    PTA CALIFORNIA CONGRESS OF PARENTS TEACHERS & STUDENTS INC FOSTER CITY ELE
    461 BEACHPARK BLVD
    FOSTER CITY,CA94404     		N/A PC SUPPORT COMPUTER UPGRADES, ART PROGRAMS, MATH & SCIENCE PROGRAM & CULTURAL PROGRAMS 250
    PTA CALIFORNIA CONGRESS OF PARENTS TEACHERS & STUDENTS INC MARJORIE H TOB
    725 SOUTHGATE AVE
    DALY CITY,CA94015     		N/A PC SUPPORT EDUCATION PROGRAMS FOR K-5TH GRADE STUDENTS AT MARJORIE H. TOBIAS ELEMENTARY 1,000
    PUG RESCUE OF SACRAMENTO AKA PROS PUG RESCUE BAY TO THE BORDERS
    PO BOX 5094
    CONCORD,CA94524     		N/A PC TO SUPPORT RESCUE AND REHABILITATION EFFORTS FOR PUG CANINES 2,000
    PUG RESCUE OF SACRAMENTO AKA PROS PUG RESCUE BAY TO THE BORDERS
    PO BOX 5094
    CONCORD,CA94524     		N/A PC TO SUPPORT RESCUE AND REHABILITATION EFFORTS FOR PUG CANINES 500
    SAN FRANCISCO COURT APPOINTED SPECIAL ADVOCATE (SFCASA)
    2535 MISSION STREET
    SAN FRANCISCO,CA94110     		N/A PC TO SUPPORT THE CORE ADVOCACY PROGRAM 25,000
    SF-MARIN FOOD BANK
    900 PENNSYLVANIA AVE
    SAN FRANCISCO,CA94107     		N/A PC HELP END HUNGER IN HONOR OF DEBBIE L. DUNCAN 25,000
    SF-MARIN FOOD BANK
    900 PENNSYLVANIA AVE
    SAN FRANCISCO,CA94107     		N/A PC 2015 FOOD FROM THE BAR CAMPAIGN 58,705
    SF-MARIN FOOD BANK
    900 PENNSYLVANIA AVE
    SAN FRANCISCO,CA94107     		N/A PC HELP END HUNGER IN SAN FRANCISCO 5,000
    SIDE-OUT FOUNDATION THE
    3935 UNIVERSITY DRIVE
    FAIRFAX,VA22030     		N/A PC HELP WITH BREAST CANCER RESEARCH IN THE AREA OF PERSONALIZED THERAPIES 318
    SMITH COLLEGE THE TRUSTEES OF
    7 COLLEGE LANE
    NORTHAMPTON,MA01063     		N/A PC DEBORAH L. DUNCAN & BARNETT LIPTON PRAXIS FUND, WHICH PROVIDES SUPPORT FOR SUMMER INTERNSHIPS 10,000
    SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (SPCA) - EAST BAY
    8323 BALDWIN ST
    OAKLAND,CA94621     		N/A PC HELP FACILITATE ADOPTION OF OLDER ANIMALS IN MEMORY OF STANLEY M. SAPIRO 300
    SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS AKA THE SAN FRANCISCO SPCA
    201 ALABAMA ST
    SAN FRANCISCO,CA94103     		N/A PC HELP ANIMAL ABANDONMENT & SAVE HEALTHY, ADOPTABLE & MEDICALLY TREATABLE CATS & DOGS IN SF 1,000
    SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS AKA THE SAN FRANCISCO SPCA
    201 ALABAMA ST
    SAN FRANCISCO,CA94103     		N/A PC HELP WITH CARE OF ABANDONED ANIMALS 100
    SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS AKA THE SAN FRANCISCO SPCA
    201 ALABAMA ST
    SAN FRANCISCO,CA94103     		N/A PC HELP SAVE HEALTHY, ADOPTABLE & MEDICALLY TREATABLE CATS & DOGS IN SF & HELP END ANIMAL ABANDONMENT 2,000
    SOUTH OF MARKET CHILD CARE
    790 FOLSOM STREET
    SAN FRANCISCO,CA94107     		N/A PC FUNDING FOR CRITICAL SCHOLARSHIP PROGRAM 20,000
    SPECIAL HAVEN
    213 G STREET
    ANTIOCH,CA94509     		N/A PC PROVIDE A MULTI- SENSORY ENVIRONMENT FOR THE BENEFIT & DEVELOPMENT OF SPECIAL NEEDS PEOPLE 1,000
    ST FRANCIS HIGH SCHOOL OF LA CANADA FLINTRIDGE
    200 FOOTHILL BLVD
    LA CANADA,CA91011     		N/A PC SUPPORT HIGH SCHOOL COLLEGE PREPARATORY EDUCATION 500
    ST OLAF COLLEGE
    1520 ST OLAF AVENUE
    NORTHFIELD,MN55057     		N/A PC PROVIDE SCHOLARSHIPS TO STUDENTS & TO SUPPORT THE ALUMNI FUND 2,500
    TANDEM PARTNERS IN EARLY LEARNING IN THE BAY AREA
    470 3RD STREET SUITE 102
    SAN FRANCISCO,CA94107     		N/A PC SUPPORT DAILY BOOK SHARING PROGRAM FOR UNDERSERVED CHILDREN 1,000
    TANDEM PARTNERS IN EARLY LEARNING IN THE BAY AREA
    470 3RD STREET SUITE 102
    SAN FRANCISCO,CA94107     		N/A PC TO HELP YOUTH READING AND BOOK PROGRAMS 240
    TIDES CENTER
    PO BOX 29907
    SAN FRANCISCO,CA94129     		N/A PC PACIFICA RESOURCE CENTER PROJECT'S BACK TO SCHOOL PROGRAM 1,000
    TRIPS FOR KIDS MARIN AKA TRIPS FOR KIDS
    138 SUNNYSIDE
    MILL VALLEY,CA94941     		N/A PC SUPPORT PROGRAMS TO TAKE URBAN YOUTH ON MOUNTAIN BIKE RIDING TRIPS 1,000
    TRIPS FOR KIDS MARIN AKA TRIPS FOR KIDS
    138 SUNNYSIDE
    MILL VALLEY,CA94941     		N/A PC SUPPORT MOUNTAIN BIKE RIDES & REPAIR WORKSHOPS, EARN-A-BIKE/JOB-TRAINING PROGRAMS 20,000
    TRIPS FOR KIDS MARIN AKA TRIPS FOR KIDS
    138 SUNNYSIDE
    MILL VALLEY,CA94941     		N/A PC HELP FUND PROGRAM OPERATIONS, TRAIL RIDES, EARN-A-BIKE 500
    UC BERKELEY FOUNDATION
    2080 ADDISON ST 4200
    BERKELEY,CA94720     		N/A PC BOALT HALL LAW SCHOOL SCHOLARSHIP FUND 1,500
    UC BERKELEY FOUNDATION
    2080 ADDISON ST 4200
    BERKELEY,CA94720     		N/A PC BERKELEY-HAAS UNDERGRADUATE PROGRAM 125
    UC REGENTS- UNIVERSITY OF CALIFORNIA BERKELEY
    101 ZELLERBACH HALL 4800 UNIVERSITY
    OF CALIFORNIA
    BERKELEY,CA94720     		N/A PC 2015 BERKELEY/OAKLAND AILEYCAMP PROGRAM 10,000
    UCSF FOUNDATION
    POST OFFICE BOX 45339
    SAN FRANCISCO,CA94145     		N/A PC SUPPORT ATHENA BREAST HEALTH NETWORK'S RESEARCH AND TREATMENT PROGRAMS 9,561
    UCSF FOUNDATION
    555 MISSION BAY BLVD
    SAN FRANCISCO,CA94143     		N/A PC CARDIOLOGY RESEARCH 4,000
    UCSF FOUNDATION
    PO BOX 45339
    SAN FRANCISCO,CA94145     		N/A PC SUPPORT ATHENA BREAST HEALTH NETWORK'S PROGRAMS 1,000
    UNITED NEGRO COLLEGE FUND (UNCF)
    220 MONTGOMERY ST SUITE 1120
    SAN FRANCISCO,CA94104     		N/A PC CAMPAIGN FOR EMERGENCY STUDENT AID (CESA) 25,000
    UNITED NEGRO COLLEGE FUND (UNCF)
    220 MONTGOMERY ST SUITE 1120
    SAN FRANCISCO,CA94104     		N/A PC TO SUPPORT ANNUAL CAMPAIGN FOR AFFORDABLE COLLEGE EDUCATION 1,500
    UNITED NEGRO COLLEGE FUND (UNCF)
    220 MONTGOMERY ST SUITE 1120
    SAN FRANCISCO,CA94104     		N/A PC CAMPAIGN FOR EMERGENCY STUDENT AID (CESA) 1,500
    UNIVERSITY OF CHICAGO
    5235 S HARPER COURT 4TH FLOOR
    CHICAGO,IL60615     		N/A PC THE COLLEGE FUND TO PRESERVE CHICAGO'S PROFESSORS & LEARNING ENVIRONMENT 100
    UNIVERSITY OF MICHIGAN
    3003 SOUTH STATE STREET SUITE 8000
    ANN ARBOR,MI48109     		N/A PC SUPPORT THE MARCHING BAND SCHOLARSHIP FUND 10,000
    UNIVERSITY OF PENNSYLVANIA
    433 FRANKLIN BUILDING 3451 WALNUT
    ST
    PHILADELPHIA,PA19104     		N/A PC WHARTON FUND TO SUPPORT WHARTON'S PROFESSORS ACADEMIC PROGRAMS 500
    UNIVERSITY OF UTAH
    540 ARAPEEN DRIVE SUITE 250
    SALT LAKE CITY,UT84108     		N/A PC ALBERT P. HENIER ENDOWED SCHOLARSHIP FOR THE DAVID ECCLES SCHOOL OF BUSINESS STUDENTS 2,500
    UNIVERSITY OF UTAH
    540 ARAPEEN DRIVE SUITE 250
    SALT LAKE CITY,UT84108     		N/A PC ALBERT P. HENIER ENDOWED SCHOLARSHIP FOR THE DAVID ECCLES SCHOOL OF BUSINESS STUDENTS 1,500
    UPWARDLY GLOBAL- NEW YORK OFFICE
    505 8TH AVENUE SUITE 602
    NEW YORK,NY10018     		N/A PC BENEFIT CORE PROGRAMMING, PROVIDES SKILLED IMMIGRANT JOB SEEKERS WITH TRAINING & SUPPORT 2,500
    UPWARDLY GLOBAL- NEW YORK OFFICE
    505 8TH AVENUE SUITE 602
    NEW YORK,NY10018     		N/A PC SUPPORT CORE PROGRAMMING, PROVIDES SKILLED IMMIGRANT/REFUGEE JOB SEEKERS WITH TRAINING 1,000
    WEAR BLUE RUN TO REMEMBER
    3427 MCDANIEL ST
    DUPONT,WA98327     		N/A PC SUPPORT THE NETWORK OF MILITARY FAMILIES & COMMUNITY THAT CREATES A LIVING MEMORIAL FOR OUR COUNTRIES FALLEN. 200
    WELL TRAINED HORSES
    11114 FALSTAFF ROAD
    SEBASTOPOL,CA95472     		N/A PC SUPPORT THE WORK WITH AT-RISK YOUTH WHOSE SPECIAL NEEDS REQUIRE MORE SUPERVISION AT ICSSOMA FARM 1,000
    WELL TRAINED HORSES
    11114 FALSTAFF ROAD
    SEBASTOPOL,CA95472     		N/A PC HELP FUND A 4HR PER WEEK PROGRAM FOR SPECIAL NEEDS YOUTH. 1,100
    WESLEYAN UNIVERSITY
    318 HIGH ST
    MIDDLETOWN,CT06459     		N/A PC TO SUPPORT THE FINANCIAL AID AND SCHOLARSHIP PROGRAMS 10,000
    WILLIAMS COLLEGE
    75 PARK STREET
    WILLIAMSTOWN,MA01267     		N/A PC ALUMNI FUND & COLLEGE EDUCATION PROGRAMS 5,000
    WOOD RIVER LAND TRUST
    119 E BULLION STREET
    HAILEY,ID83333     		N/A PC PROTECTION TO OPEN SPACE, WILDLIFE HABITAT & ENHANCE THE BIG WOOD RIVER & ITS TRIBUTARIES 5,000
    WORLD WILDLIFE FUND
    1250 24TH STREET NW PO BOX 97180
    WASHINGTON,DC20037     		N/A PC SUPPORT PROGRAMS THAT HELP SAVE WILDLIFE SPECIES 150
    YEAR UP INC
    80 SUTTER ST
    SAN FRANCISCO,CA94104     		N/A PC TO SUPPORT OPERATIONS OF ASSISTING PEOPLE EARN CAREERS IN TECHNOLOGY 25,000
    YOSEMITE CONSERVANCY
    101 MONTGOMERY ST STE 1700
    SAN FRANCISCO,CA94104     		N/A PC SUPPORT PROGRAMS THAT SUPPORT THE ONGOING MAINTENANCE OF YOSEMITE NATIONAL PARK 100
    Total .................................bullet 3a 478,829
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		         
    4 Dividends and interest from securities....     14 100,846  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 621,772  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 722,618 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13722,618
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    THE FREMONT GROUP FOUNDATION
    EIN:
    33-3255428
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING & TAX SERVICES FEES 50,000 0   50,000
    AUDIT FEES 4,700 0   4,700

    TY 2015 CompensationExplanation
    Name:
    THE FREMONT GROUP FOUNDATION
    EIN:
    33-3255428
    Person Name Explanation
    ALL FOUNDATION OFFICERS ALL FOUNDATION OFFICERS VOLUNTEER THEIR TIME ON AN AS NEEDED BASIS AS IT RELATES TO FOUNDATION MATTERS AND CHOOSE NOT TO BE COMPENSATED FOR THEIR SERVICES.

    TY 2015 GeneralExplanationAttachment
    Name:
    THE FREMONT GROUP FOUNDATION
    EIN:
    33-3255428
    Identifier Return Reference Explanation
      FORM 990-PF, PART VII-B, LINE 1A(3) FREE RENT
      FORM 990-PF, PART VII-B, LINE 1A(4) IRC SEC 4941(D)(2)(E), REG. 53.4941(D)-(3)(C)(2) EX.1

    TY 2015 InvestmentsOtherSchedule2
    Name:
    THE FREMONT GROUP FOUNDATION
    EIN:
    33-3255428
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ARTISAN INTERNATIONAL FUND (23,195.58 SHARES) AT COST 579,944 665,249
    BARON GROWTH FUND (11,328.29 SHARES) AT COST 374,815 716,174
    DODGE & COX INCOME FUND (92,725.15 SHARES) AT COST 1,256,357 1,232,317
    DODGE & COX INTERNATIONAL FUND (12,974.43 SHARES) AT COST 532,281 473,307
    DODGE & COX STOCK FUND (17,532.49 SHARES) AT COST 1,852,140 2,853,763
    LONGLEAF PARTNERS SMALL CAP FUND (8,701.39) AT COST 206,270 234,764
    T ROWE PRICE GROWTH STOCK FUND (64,127.21 SHARES) AT COST 1,782,325 3,441,066
    T ROWE PRICE MID CAP FUND (21,241.43 SHARES) AT COST 1,062,160 1,557,422

    TY 2015 LegalFeesSchedule
    Name:
    THE FREMONT GROUP FOUNDATION
    EIN:
    33-3255428
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 2,453 0   2,453


    TY 2015 OtherExpensesSchedule
    Name:
    THE FREMONT GROUP FOUNDATION
    EIN:
    33-3255428
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MEMBERSHIP FEES 500 0   500
    RECORDING & FILING FEES 85 0   85


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    THE FREMONT GROUP FOUNDATION
    EIN:
    33-3255428
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISOR FEES 250 250   0
    CUSTODIAN FEES 15,500 15,500   0


    TY 2015 TaxesSchedule
    Name:
    THE FREMONT GROUP FOUNDATION
    EIN:
    33-3255428
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAXES 14,122 0   0
    FOREIGN TAXES 767 767   0