Form990-PF

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 GAMBLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2655
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN FRANCISCO, CA94126
A Employer identification number

94-1680503
B Telephone number (see instructions)

(415) 782-8100
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$19,704,006J Accounting method:
 
(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) 1,519,694
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 595,265 595,265 595,265
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -309,016
b Gross sales price for all assets on line 6a 2,416,622
7 Capital gain net income (from Part IV, line 2)... 0
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........ 1,805,943 595,265 595,265
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 239 239 0 0
b Accounting fees (attach schedule)....... Click to see attachment 3,070 3,070 0 0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,043 333 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 3,482 3,482 0 0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 163,146 50,596 0 112,550
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 170,980 57,720 0 112,550
25 Contributions, gifts, grants paid....... 2,084,000 2,084,000
26 Total expenses and disbursements. Add lines 24 and 25 2,254,980 57,720 0 2,196,550
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -449,037
b Net investment income (if negative, enter -0-) 537,545
c Adjusted net income (if negative, enter -0-)... 595,265
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............. 155,168 1,322,508 1,322,508
2 Savings and temporary cash investments......... 358,262    
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..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,753,356 Click to see attachment4,028,927 17,296,303
c Investments—corporate bonds (attach schedule)....... 1,493,333 Click to see attachment922,270 1,085,195
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 6,760,119 6,273,705 19,704,006
Liabilities 17 Accounts payable and accrued expenses..........    
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)......... 0 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........ 3,574,668 3,574,668
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 3,185,451 2,699,037
30 Total net assets or fund balances (see instructions)..... 6,760,119 6,273,705
31 Total liabilities and net assets/fund balances (see instructions). 6,760,119 6,273,705
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
6,760,119
2
Enter amount from Part I, line 27a .....................
2
-449,037
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,311,082
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
37,377
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
6,273,705
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 AMGEN INC   2015-09-23 2015-09-24
b AMGEN INC   2015-09-23 2015-09-24
c AMERICAN EXPRESS   2015-01-16 2015-01-20
d HEWLETT PACKARD   2015-01-16 2015-01-20
e HEWLETT PACKARD   2015-01-16 2015-01-20
HEWLETT PACKARD   2015-01-16 2015-01-20
HEWLETT PACKARD   2015-01-16 2015-01-20
HEWLETT PACKARD   2015-01-16 2015-01-20
NOBLE CORP   2014-08-20 2015-07-16
PROCTER AND GAMBLE   2015-01-16 2015-01-20
WAL MART STORES INC   2015-01-16 2015-01-20
WAL MART STORES INC   2015-01-16 2015-01-20
GE CAP 6.9% BOND   2001-01-29 2015-09-15
GE CAP 6.9% BOND   2001-01-29 2015-09-15
GE CAP 6.9% BOND   2001-01-29 2015-09-15
HEWLETT PACKARD   1983-10-24 2015-02-23
HEWLETT PACKARD   1968-01-16 2015-02-23
HEWLETT PACKARD   1983-10-24 2015-02-23
HEWLETT PACKARD   1968-01-16 2015-02-23
HEWLETT PACKARD   1990-09-18 2015-02-23
NOBLE CORP   2010-09-16 2015-07-16
NOBLE CORP   2010-07-27 2015-07-16
TERADATA CORP   2013-10-15 2015-12-07
TERADATA CORP   2013-12-09 2015-12-09
(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 36,187   36,385 -198
b 43,424   43,662 -238
c 82,560   81,201 1,359
d 59,661   59,001 660
e 59,743   59,001 742
63,598   62,807 791
77,042   76,130 912
38,521   38,065 456
55,522   110,534 -55,012
862,686   860,748 1,938
146,724   147,637 -913
2,848   2,866 -18
250,000   290,138 -40,138
80,000   89,896 -9,896
170,000   191,029 -21,029
45,592   56,946 -11,354
32,940   27,011 5,929
45,592   56,946 -11,354
32,940   27,011 5,929
12,652   10,887 1,765
48,582   105,850 -57,268
69,402   141,072 -71,670
57,456   87,751 -30,295
42,950   63,064 -20,114
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       -198
b       -238
c       1,359
d       660
e       742
      791
      912
      456
      -55,012
      1,938
      -913
      -18
      -40,138
      -9,896
      -21,029
      -11,354
      5,929
      -11,354
      5,929
      1,765
      -57,268
      -71,670
      -30,295
      -20,114
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 -309,016
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 -49,521
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 1,033,407 20,248,285 0.051037
2013 755,696 18,731,670 0.040343
2012 399,979 15,949,616 0.025078
2011 440,000 15,001,469 0.029330
2010 1,150,402 13,925,930 0.082609
2
Total of line 1, column (d) .....................
20.228397
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
0.045679
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
19,709,534
5
Multiply line 4 by line 3......................
5
900,312
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
5,375
7
Add lines 5 and 6........................
7
905,687
8
Enter qualifying distributions from Part XII, line 4.............
8
2,196,550
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 5,375
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 5,375
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 5,375
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 5,749
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,749
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 10 374
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet374 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 ofbulletGAMBLE PARTNERS LLC Telephone no.bullet (415) 782-8102

    Located atbulletPO BOX 2655SAN FRANCISCOCA ZIP+4bullet94126
    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
     
     
    ........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
    MARK D GAMBLE PRESIDENT/TRUSTEE
    0.00     		0 0 0
    PO BOX 2655
    SAN FRANCISCO,CA94126
    AIMEE GAMBLE PRICE VICE PRES./TRUSTEE
    0.00     		0 0 0
    PO BOX 2655
    SAN FRANCISCO,CA94126
    GREGORY T PRICE SECRETARY
    0.00     		0 0 0
    PO BOX 2655
    SAN FRANCISCO,CA94126
    PAUL E CAMERON TREASURER
    0.00     		0 0 0
    PO BOX 2655
    SAN FRANCISCO,CA94126
    LAUNCE L GAMBLE TRUSTEE
    0.00     		0 0 0
    PO BOX 2655
    SAN FRANCISCO,CA94126
    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 NONE 0
    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 NONE 0
    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
    18,909,468
    b
    Average of monthly cash balances.......................
    1b
    1,100,211
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    20,009,679
    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
    20,009,679
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    300,145
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    19,709,534
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    985,477
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    985,477
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    5,375
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,375
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    980,102
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    980,102
    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
    980,102
    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
    2,196,550
    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
    2,196,550
    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
    5,375
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,191,175
    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 7 980,102
    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......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014...... 29,229
    fTotal of lines 3a through e........ 29,229
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 2,196,550
    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..... 980,102
    e Remaining amount distributed out of corpus 1,216,448
    5 Excess distributions carryover applied to 2015. 0 0
    (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 1,245,677
    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) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		1,245,677
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014.... 29,229
    e Excess from 2015.... 1,216,448
    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).)
    MARK D GAMBLE
    AIMEE GAMBLE PRICE
    GREGORY T PRICE
    LAUNCE L GAMBLE
    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 e-mail address of the person to whom applications should be addressed:
    MARY GREGORY PFS
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    (415) 561-6540
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER OF REQUEST
    cAny submission deadlines:
    NO
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    CHARITABLE ORGANIZATIONS
    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
    AG 4 YOUTH UPVALLEY RANCHERS
    1200 FOSTER ROAD
    NAPA,CA94558     		  PUBLIC CHARITY GENERAL PURPOSE 30,000
    AGRICULTURAL INSTITUTE OF MARIN
    400 SMITH RANCH ROAD SUITE D
    SAN RAFAEL,CA94903     		  PUBLIC CHARITY GENERAL PURPOSE 10,000
    AIM HIGH FOR HIGH SCHOOL
    P O BOX 410715
    SAN FRANCISCO,CA94110     		  PUBLIC CHARITY GENERAL PURPOSE 20,750
    AMERICAN FDN TIBETAN CULTURAL PRESERVATION
    75 S GRAND AVENUE STE 217
    PASADENA,CA91105     		  PUBLIC CHARITY GENERAL PURPOSE 150,000
    BAYVIEW HUNTERS POINT CENTER ARTS & TECH
    2415 THIRD STREET STE 230
    SAN FRANCISCO,CA94107     		  PUBLIC CHARITY GENERAL PURPOSE 20,000
    BOYS AND GIRLS CLUB OF ST HELENA INC
    1420 TAINTER STREET
    SAINT HELENA,CA94574     		  PUBLIC CHARITY GENERAL PURPOSE 5,000
    BRIDGE THE GAP COLLEGE PREP
    P O BOX 1390
    SAUSALITO,CA94965     		  PUBLIC CHARITY GENERAL PURPOSE 25,000
    CALIFORNIA PACIFIC MEDICAL CENTER FDN
    P O BOX 7999
    SAN FRANCISCO,CA94120     		  PUBLIC CHARITY GENERAL PURPOSE 8,000
    CALIFORNIA RANGELAND TRUST
    1225 H STREET
    SACRAMENTO,CA95814     		  PUBLIC CHARITY GENERAL PURPOSE 1,000
    CALIFORNIA TROUT
    360 PINE STREET 4TH FLOOR
    SAN FRANCISCO,CA94104     		  PUBLIC CHARITY GENERAL PURPOSE 1,000
    CALIFORNIA WATERFOWL ASSOCIATION
    1346 BLUE OAKS BLVD
    ROSEVILLE,CA95678     		  PUBLIC CHARITY GENERAL PURPOSE 1,000
    CALIFORNIA WILDLIFE OFFICERS FOUNDATION
    480 LYTTON AVE STE 4
    PALO ALTO,CA94301     		  PUBLIC CHARITY GENERAL PURPOSE 1,000
    CAPELL VALLEY VOLUNTEER FIRE DEPT
    1305 CAPELL VALLEY ROAD
    NAPA,CA94558     		  PUBLIC CHARITY GENERAL PURPOSE 5,000
    CASA COURT APPOINTED SPECIAL ADV
    2535 MISSION STREET
    SAN FRANCISCO,CA94110     		  PUBLIC CHARITY GENERAL PURPOSE 750
    CEDARS OF MARIN
    P O BOX 947
    ROSS,CA94957     		  PUBLIC CHARITY GENERAL PURPOSE 7,500
    COMMUNITY INITIATIVES
    354 PINE STREET STE 700
    SAN FRANCISCO,CA94104     		  PUBLIC CHARITY GENERAL PURPOSE 20,000
    CONNOLLY RANCH EDUCATION CENTER
    3141 BROWNS VALLEY ROAD
    NAPA,CA94558     		  PUBLIC CHARITY GENERAL PURPOSE 21,000
    DISTRICT 10 WILD DUCK EGG SALVAGE
    9512 MATTHEWS LANE
    MARYSVILLE,CA95901     		  PUBLIC CHARITY GENERAL PURPOSE 2,000
    DOMINICAN UNIVERSITY OF CALIFORNIA
    509 ACACIA AVENUE
    SAN RAFAEL,CA94901     		  PUBLIC CHARITY GENERAL PURPOSE 1,500
    DRY CREEK LOKOYA VOLUNTEER FD
    5900 DRY CREEK ROAD
    NAPA,CA94558     		  PUBLIC CHARITY GENERAL PURPOSE 500
    EDUCATION OUTSIDE
    135 VAN NESS AVENUE RM 408
    SAN FRANCISCO,CA94102     		  PUBLIC CHARITY GENERAL PURPOSE 20,000
    EL MOLINO BOOSTERS
    7050 COVEY RD
    FORESTVILLE,CA95436     		  PUBLIC CHARITY GENERAL PURPOSE 5,000
    ELIZABETH F GAMBLE GARDEN
    1431 WAVERLY STREET
    PALO ALTO,CA94301     		  PUBLIC CHARITY GENERAL PURPOSE 15,000
    FAMILY BUILDERS
    401 GRAND AVE STE 400
    OAKLAND,CA94610     		  PUBLIC CHARITY GENERAL PURPOSE 750
    FOUNDATION FOR STUDENTS RISING ABOVE
    1660 BUSH STREET STE 300
    SAN FRANCISCO,CA94109     		  PUBLIC CHARITY GENERAL PURPOSE 20,000
    HANDS ACROSS THE VALLEY
    P O BOX 5404
    NAPA,CA94581     		  PUBLIC CHARITY GENERAL PURPOSE 2,500
    HOMEBOY INDUSTRIES
    130 W BRUNO STREET
    LOS ANGELES,CA90012     		  PUBLIC CHARITY GENERAL PURPOSE 10,000
    JAMESON RESCUE RANCH
    1224 ADAMS STREET STE C
    ST HELENA,CA94574     		  PUBLIC CHARITY GENERAL PURPOSE 10,000
    LAKE COUNTY FIRE VICTIMS FUND
    P O BOX 6104
    SANTA ROSA,CA95406     		  PUBLIC CHARITY GENERAL PURPOSE 10,000
    LARKIN STREET YOUTH SERVICES
    1660 BUSH STREET STE 300
    SAN FRANCISCO,CA94109     		  PUBLIC CHARITY GENERAL PURPOSE 15,000
    MARIN AGRICULTURAL LAND TRUST
    P O BOX 809
    POINT REYES STATION,CA94956     		  PUBLIC CHARITY GENERAL PURPOSE 5,000
    MARIN GENERAL HOSPITAL FOUNDATION
    100 B DRAKES LANDING STE 255
    GREENBRAE,CA94904     		  PUBLIC CHARITY GENERAL PURPOSE 5,000
    MARIN LINK
    5800 NORTHGATE MALL STE 250
    SAN RAFAEL,CA94903     		  PUBLIC CHARITY GENERAL PURPOSE 20,000
    MARIN PRIMARY & MIDDLE SCHOOL
    20 MAGNNOLIA AVENUE
    LARKSPUR,CA94939     		  PUBLIC CHARITY GENERAL PURPOSE 14,000
    MARINE MAMMAL CENTER
    1660 BUSH STREET STE 300
    SAN FRANCISCO,CA94109     		  PUBLIC CHARITY GENERAL PURPOSE 10,000
    NAPA CITY COUNTY LIBRARY
    1195 THIRD STREET
    NAPA,CA94559     		  PUBLIC CHARITY GENERAL PURPOSE 5,000
    NAPA COUNTY AG IN THE CLASSROOM
    811 JEFFERSON STREET
    NAPA,CA94559     		  PUBLIC CHARITY GENERAL PURPOSE 5,000
    NAPA COUNTY CHILDREN'S TRUST FUND
    1195 THIRD STREET
    NAPA,CA94559     		  PUBLIC CHARITY GENERAL PURPOSE 5,000
    NAPA COUNTY LAND TRUST
    1700 SOSCOL AVENUE STE 20
    NAPA,CA94559     		  PUBLIC CHARITY GENERAL PURPOSE 5,000
    NATUREBRIDGE
    1660 BUSH STREET STE 300
    SAN FRANCISCO,CA94109     		  PUBLIC CHARITY GENERAL PURPOSE 15,000
    NEW DOOR VENTURES
    3221 20TH STREET
    SAN FRANCISCO,CA94110     		  PUBLIC CHARITY GENERAL PURPOSE 54,000
    ON THE MOVE
    1660 BUSH STREET STE 300
    SAN FRANCISCO,CA94109     		  PUBLIC CHARITY GENERAL PURPOSE 25,000
    PAUL ALEXANDER SCHOLARSHIP FOUNDATION
    P O BOX 670
    ST HELENA,CA94574     		  PUBLIC CHARITY GENERAL PURPOSE 5,000
    PEPPERWOOD FOUNDATION
    2130 PEPPERWOOD PRESERVE ROAD
    SANTA ROSA,CA95404     		  PUBLIC CHARITY GENERAL PURPOSE 25,000
    POINT REYES BIRD OBSERVATORY
    1660 BUSH STREET STE 300
    SAN FRANCISCO,CA94109     		  PUBLIC CHARITY GENERAL PURPOSE 20,000
    POPE VALLEY SCHOLARSHIP FUND
    P O BOX 23
    POPE VALLEY,CA94567     		  PUBLIC CHARITY GENERAL PURPOSE 5,000
    POPE VALLEY VOLUNTEER FIRE DEPARTMENT
    P O BOX 211
    POPE VALLEY,CA94567     		  PUBLIC CHARITY GENERAL PURPOSE 5,000
    PROJECT AVARY
    1623 5TH AVENUE BLDG C
    SAN RAFAEL,CA94901     		  PUBLIC CHARITY GENERAL PURPOSE 15,000
    QUEEN OF THE VALLEY MEDICAL CENTER FOUNDATION
    1000 TRANCAS STREET
    NAPA,CA94558     		  PUBLIC CHARITY GENERAL PURPOSE 5,000
    RANDALL MUSEUM FRIENDS
    1660 BUSH STREET STE 300
    SAN FRANCISCO,CA94109     		  PUBLIC CHARITY GENERAL PURPOSE 20,000
    REAL OPTIONS FOR CITY KIDS
    590 LELAND AVE
    SAN FRANCISCO,CA94134     		  PUBLIC CHARITY GENERAL PURPOSE 750
    REGENTS OF THE UNIVERSITY OF CALIFORNIA
    111 FRANKLIN ST 12TH FLOOR
    OAKLAND,CA94607     		  PUBLIC CHARITY GENERAL PURPOSE 5,000
    RUTHERFORD VOLUNTEER FIRE DEPT
    1989 HIGHWAY 29
    RUTHERFORD,CA94573     		  PUBLIC CHARITY GENERAL PURPOSE 1,000
    SAFE KIDS NOW
    3221 22ND STREET
    SAN FRANCISCO,CA94110     		  PUBLIC CHARITY GENERAL PURPOSE 750
    SAINT FRANCIS HOSPITAL FOUNDATION
    900 HYDE STREET STE 1208
    SAN FRANCISCO,CA94109     		  PUBLIC CHARITY GENERAL PURPOSE 7,000
    SAN FRANCISCO FRIENDS SCHOOL
    1660 BUSH STREET STE 300
    SAN FRANCISCO,CA94109     		  PUBLIC CHARITY GENERAL PURPOSE 15,000
    SAN FRANCISCO PARKS ALLIANCE
    1663 MISSION STREET STE 320
    SAN FRANCISCO,CA94103     		  PUBLIC CHARITY GENERAL PURPOSE 25,000
    SAN FRANCISCO SPCA
    201 ALABAMA STREET
    SAN FRANCISCO,CA94103     		  PUBLIC CHARITY GENERAL PURPOSE 1,250
    SEVEN TEPEES YOUTH PROGRAM
    3177 17TH STREET
    SAN FRANCISCO,CA94110     		  PUBLIC CHARITY GENERAL PURPOSE 20,000
    SLIDE RANCH
    2025 SHORELINE HIGHWAY
    MUIR BEACH,CA94965     		  PUBLIC CHARITY GENERAL PURPOSE 20,000
    ST ANTHONYS FOUNDATION
    150 GOLDEN GATE AVE
    SAN FRANCISCO,CA94102     		  PUBLIC CHARITY GENERAL PURPOSE 2,250
    ST HELENA HOSPITAL FOUNDATION
    10 WOODLAND ROAD
    ST HELENA,CA94574     		  PUBLIC CHARITY GENERAL PURPOSE 5,000
    TEN THOUSAND DEGREES
    1650 LOS GAMOS DRIVE STE 110
    SAN RAFAEL,CA94903     		  PUBLIC CHARITY GENERAL PURPOSE 25,000
    THE BAY SCHOOL OF SAN FRANCISCO
    35 KEYES AVENUE
    SAN FRANCISCO,CA94129     		  PUBLIC CHARITY GENERAL PURPOSE 57,500
    THE MILO FOUNDATION
    220 SOUTH GARRARD BLVD
    POINT RICHMOND,CA94801     		  PUBLIC CHARITY GENERAL PURPOSE 1,500
    THE THACHER SCHOOL
    5025 THACHER ROAD
    OJAI,CA93023     		  PUBLIC CHARITY GENERAL PURPOSE 1,110,000
    THE WATERSHED PROJECT
    1660 BUSH STREET STE 300
    SAN FRANCISCO,CA94109     		  PUBLIC CHARITY GENERAL PURPOSE 24,000
    UCSF FOUNDATION
    UCSF BOX 45339
    SAN FRANCISCO,CA94145     		  PUBLIC CHARITY GENERAL PURPOSE 10,000
    UPVALLEY FAMILY CENTERS OF NAPA COUNTY
    1660 BUSH STREET STE 300
    SAN FRANCISCO,CA94109     		  PUBLIC CHARITY GENERAL PURPOSE 20,000
    WOMANS AUDIO MISSION
    1660 BUSH STREET STE 300
    SAN FRANCISCO,CA94109     		  PUBLIC CHARITY GENERAL PURPOSE 25,000
    YOGA FOR YOUTH
    5482 WILSHIRE BLVD STE 1610
    LOS ANGELES,CA90036     		  PUBLIC CHARITY GENERAL PURPOSE 750
    Total .................................bullet 3a 2,084,000
    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
    aNONE          
    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....     14 595,265  
    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 -309,016  
    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).. 0 286,249 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13286,249
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    THE GAMBLE FOUNDATION
     
    Employer identification number

    94-1680503
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    THE GAMBLE FOUNDATION
          		Employer identification number
    94-1680503
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    AIMEE GAMBLE PRICE  
    PO BOX 2655
     
    SAN FRANCISCO, CA94126

    		$ 264,697


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    LAUNCE E GAMBLE  
    PO BOX 2655
     
    SAN FRANCISCO, CA94126

    		$ 17,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
     
     

    MARK D GAMBLE  
    PO BOX 2655
     
    SAN FRANCISCO, CA94126

    		$ 140,202


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
     
     

    LAUNCE L GAMBLE  
    PO BOX 2655
     
    SAN FRANCISCO, CA94126

    		$ 3,192


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
     
     

    GEORGE T GAMBLE  
    PO BOX 2655
     
    SAN FRANCISCO, CA94126

    		$ 14,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
     
     

    JOAN L GAMBLE  
    PO BOX 2655
     
    SAN FRANCISCO, CA94126

    		$ 17,500


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Name of organization
    THE GAMBLE FOUNDATION
          		Employer identification number
    94-1680503
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
     
     

    LAUNCE E GAMBLE  
    PO BOX 2655
     
    SAN FRANCISCO, CA94126

    		$ 860,748


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
     
     

    MARK D GAMBLE  
    PO BOX 2655
     
    SAN FRANCISCO, CA94126

    		$ 36,385


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
     
     

    LAUNCE L GAMBLE  
    PO BOX 2655
     
    SAN FRANCISCO, CA94126

    		$ 121,808


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
     
     

    LAUNCE L GAMBLE  
    PO BOX 2655
     
    SAN FRANCISCO, CA94126

    		$ 43,662


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    THE GAMBLE FOUNDATION
          		Employer identification number

    94-1680503
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 3000 SHS HEWLETT PACKARD & 1733 SHS WAL-MART $ 264,697 2015-01-16
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    3
    		 1550 SHS HEWLETT PACKARD & 950 SHS AMERICAN EXPRESS $ 140,202 2015-01-16
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    7
    		 9500 SHS PROCTER & GAMBLE $ 860,748 2015-01-10
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    8
    		 250 SHS AMGEN $ 36,385 2015-09-23
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    9
    		 3200 SHS HEWLETT PACKARD $ 121,808 2015-01-16
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    10
    		 300 SHS AMGEN $ 43,662 2015-09-23
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    THE GAMBLE FOUNDATION
          		Employer identification number

    94-1680503
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    THE GAMBLE FOUNDATION
    EIN:
    94-1680503
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,070 3,070 0 0

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    THE GAMBLE FOUNDATION
    EIN:
    94-1680503
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GOLDMAN SACHS 6.25% 238,130 270,664
    MANULIFE FC SN NT 6.22% 297,155 332,438
    MERRILL LYNCH NTS 6.22% 238,255 284,609
    UNITED PARCEL SERVICES 8.375% 148,730 197,484

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    THE GAMBLE FOUNDATION
    EIN:
    94-1680503
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALCOA INC. 214,644 246,750
    AMERICAN EXPRESS 81,409 347,750
    APACHE CORPORATION 307,960 177,880
    BANK OF NEW YORK MELLON CORP. 532,009 1,024,276
    BRISTOL MYERS SQUIBB 204,243 309,555
    CHARLES SCHWAB 176,681 461,020
    DICK'S SPORTING GOODS 161,792 123,725
    GENERAL ELECTRIC 330,108 498,400
    INTEL 174,628 296,270
    MARTIN MARIETTA MATERIALS 429,995 751,190
    MCDONALDS CORP. 102,755 708,840
    MERCK & CO., INC. 279,037 475,380
    MICROSOFT 190,468 403,617
    PROCTER & GAMBLE 216,864 10,640,940
    PROGRESSIVE WASTE SOLUTIONS 85,011 94,200
    ROBERT HALF INTERNATIONAL 226,934 306,410
    SYSCO CORP 223,419 307,500
    WAL-MART STORES 90,970 122,600

    TY 2015 LegalFeesSchedule
    Name:
    THE GAMBLE FOUNDATION
    EIN:
    94-1680503
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 239 239 0 0


    TY 2015 OtherDecreasesSchedule
    Name:
    THE GAMBLE FOUNDATION
    EIN:
    94-1680503
    Description Amount
    PRIOR PERIOD ADJUSTMENT 37,377


    TY 2015 OtherExpensesSchedule
    Name:
    THE GAMBLE FOUNDATION
    EIN:
    94-1680503
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GRANT MEETINGS 58,984 0 0 58,984
    GRANT SELECTION SERVICES 53,566 0 0 53,566
    INVESTMENT MANAGEMENT FEES 11,500 11,500 0 0
    ADMINISTRATION SERVICES 21,200 21,200 0 0
    MEALS AND ENTERTAINMENT 17,824 17,824 0 0
    OFFICE SUPPLIES 72 72 0 0


    TY 2015 TaxesSchedule
    Name:
    THE GAMBLE FOUNDATION
    EIN:
    94-1680503
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX ON INVESTMENT INCOME 700 0 0 0
    CA FILING FEE 10 0 0 0
    FOREIGN TAX ON DIVIDENDS 333 333 0 0