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 CRAIL-JOHNSON FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)461 WEST 6TH STREET NO 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN PEDRO, CA90731
A Employer identification number

33-0247161
B Telephone number (see instructions)

(310) 519-9500
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$20,249,386J 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)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 104,874 104,874  
4 Dividends and interest from securities... 593,352 608,763  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 381,249
b Gross sales price for all assets on line 6a 4,932,974
7 Capital gain net income (from Part IV, line 2)... 410,686
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)....... Click to see attachment 62,893 38,628  
12 Total. Add lines 1 through 11........ 1,142,368 1,162,951  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 75,500 0   75,500
15 Pension plans, employee benefits....... 4,530 0   4,530
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 42,252 12,676   29,576
c Other professional fees (attach schedule).... Click to see attachment 117,066 117,066   0
17 Interest...............   1,019    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,894 0   6,894
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 3,256 0   3,256
22 Printing and publications.......... 484 0   484
23 Other expenses (attach schedule)....... Click to see attachment 11,861 13,488   11,861
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 261,843 144,249   132,101
25 Contributions, gifts, grants paid....... 974,614 952,114
26 Total expenses and disbursements. Add lines 24 and 25 1,236,457 144,249   1,084,215
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -94,089
b Net investment income (if negative, enter -0-) 1,018,702
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............. 32,585 32,559 32,559
2 Savings and temporary cash investments......... 558,201 629,126 629,126
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) bullet3,247,217
Less: allowance for doubtful accounts bullet0 3,255,217 3,247,217 3,247,217
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........   3,944 3,944
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 11,021,557 Click to see attachment10,280,679 10,280,679
c Investments—corporate bonds (attach schedule)....... 5,518,021 Click to see attachment2,489,510 2,489,510
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,574,689 Click to see attachment3,566,351 3,566,351
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 21,960,270 20,249,386 20,249,386
Liabilities 17 Accounts payable and accrued expenses.......... 42,096 11,070
18 Grants payable.................. 20,000 42,500
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)......... 62,096 53,570
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 21,898,174 20,195,816
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 21,898,174 20,195,816
31 Total liabilities and net assets/fund balances (see instructions). 21,960,270 20,249,386
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
21,898,174
2
Enter amount from Part I, line 27a .....................
2
-94,089
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
21,804,085
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,608,269
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
20,195,816
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 PUBLICLY TRADED SECURITIES P    
b PUBLICLY TRADED SECURITIES P    
c FROM K-1 - APOLLO GLOBAL MANAGEMENT, LLC P    
d FROM K-1 - APOLLO GLOBAL MANAGEMENT, LLC P    
e FROM K-1 - THE BLACKSTONE GROUP, LP P    
FROM K-1 - THE BLACKSTONE GROUP, LP P    
FROM K-1 - KKR & CO. L.P P    
FROM K-1 - KKR & CO. L.P P    
FROM K-1 - KKR FINANCIAL HOLDINGS LLC P    
FROM K-1 - KKR FINANCIAL HOLDINGS LLC P    
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 1,041,306   964,165 77,141
b 3,853,025   3,587,560 265,465
c       33
d       5,693
e       1
      21,780
      -30
      2,049
      -49
      -40
38,643     38,643
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       77,141
b       265,465
c       33
d       5,693
e       1
      21,780
      -30
      2,049
      -49
      -40
      38,643
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 2 410,686
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 1,391,043 22,061,900 0.063052
2013 1,962,646 21,980,779 0.089289
2012 1,195,228 22,426,851 0.053295
2011 959,475 22,703,573 0.042261
2010 1,080,265 21,533,344 0.050167
2
Total of line 1, column (d) .....................
20.298064
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
0.059613
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
21,274,477
5
Multiply line 4 by line 3......................
5
1,268,235
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
10,187
7
Add lines 5 and 6........................
7
1,278,422
8
Enter qualifying distributions from Part XII, line 4.............
8
1,096,715
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 20,374
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 20,374
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 20,374
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 9,493
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 24,493
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 93
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 4,026
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet4,026 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 addressbulletWWW.CRAIL-JOHNSON.ORG
    14
    The books are in care ofbulletALAN C JOHNSON Telephone no.bullet (310) 519-9500

    Located atbullet461 WEST 6TH STREET SUITE 300SAN PEDROCA ZIP+4bullet90731
    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
    ERIC C JOHNSON VICE PRESIDENT & DIRECTOR
    8.00     		0 0 0
    461 WEST 6TH STREET SUITE 300
    SAN PEDRO,CA90731
    ALAN C JOHNSON PRESIDENT & DIRECTOR
    8.00     		0 0 0
    461 WEST 6TH STREET SUITE 300
    SAN PEDRO,CA90731
    CRAIG C JOHNSON CHAIRMAN & DIRECTOR
    8.00     		0 0 0
    461 WEST 6TH STREET SUITE 300
    SAN PEDRO,CA90731
    ANN L JOHNSON VICE PRESIDENT & DIRECTOR
    8.00     		0 0 0
    461 WEST 6TH STREET SUITE 300
    SAN PEDRO,CA90731
    CAROLYN E ESCOTO DIRECTOR
    8.00     		0 0 0
    461 WEST 6TH STREET SUITE 300
    SAN PEDRO,CA90731
    DOROTHY COURTNEY DIRECTOR
    8.00     		0 0 0
    461 WEST 6TH STREET SUITE 300
    SAN PEDRO,CA90731
    JOHN S PETERSON SECRETARY & DIRECTOR
    8.00     		0 0 0
    461 WEST 6TH STREET SUITE 300
    SAN PEDRO,CA90731
    BYUNG KIM CHIEF FINANCIAL OFFICER
    8.00     		0 0 0
    461 WEST 6TH STREET SUITE 300
    SAN PEDRO,CA90731
    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
    RACHEL ROTH PROGRAM OFFICER
    40.00     		75,500 4,530 0
    461 WEST 6TH STREET SUITE 300
    SAN PEDRO,CA90731
    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 THE FOUNDATION MADE ADDITIONAL NON-INTEREST BEARING LOANS TO THE LOS ANGELES MARITIME INSTITUTE (LAMI) PURSUANT TO A 2013 LOAN AGREEMENT THE PURPOSE OF WHICH IS TO COVER LAMI'S TEMPORARY CASH SHORTFALLS. LAMI (EIN: 33-0515416) IS A 501(C)(3) PUBLIC CHARITY. SINCE ITS FOUNDING IN 1992, LAMI'S MISSION IS TO EMPOWER YOUTH TO DISCOVER THEIR GREATER POTENTIAL AND DEVELOP 21ST CENTURY LEADERSHIP SKILLS THROUGH EXTRAORDINARY AT-SEA EXPERIENCES ABOARD LAMI'S EDUCATIONAL SAILING VESSELS. 12,500
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet12,500
    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
    17,516,389
    b
    Average of monthly cash balances.......................
    1b
    834,514
    c
    Fair market value of all other assets (see instructions)................
    1c
    3,247,551
    d
    Total (add lines 1a, b, and c).........................
    1d
    21,598,454
    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
    21,598,454
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    323,977
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    21,274,477
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,063,724
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    1,063,724
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    20,374
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
    381
    c
    Add lines 2a and 2b............................
    2c
    20,755
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,042,969
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,042,969
    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
    1,042,969
    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
    1,084,215
    b
    Program-related investments—total from Part IX-B..................
    1b
    12,500
    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
    1,096,715
    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
    1,096,715
    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 1,042,969
    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...... 15,011
    b From 2011......  
    c From 2012...... 84,843
    d From 2013...... 872,991
    e From 2014...... 318,368
    fTotal of lines 3a through e........ 1,291,213
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 1,096,715
    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..... 1,042,969
    e Remaining amount distributed out of corpus 53,746
    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 1,344,959
    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) ...     		15,011
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		1,329,948
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012.... 84,843
    c Excess from 2013.... 872,991
    d Excess from 2014.... 318,368
    e Excess from 2015.... 53,746
    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 e-mail address of the person to whom applications should be addressed:
    RACHEL ROTH PROGRAM OFFICER
    461 WEST 6TH STREET SUITE 300
    SAN PEDRO,CA90731
    (310) 519-9500
    bThe form in which applications should be submitted and information and materials they should include:
    SEE MISSION STATEMENT/GRANT MAKING POLICIES (SEE STATEMENT 14)
    cAny submission deadlines:
    SEE MISSION STATEMENT/GRANT MAKING POLICIES (SEE STATEMENT 14)
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE MISSION STATEMENT/GRANT MAKING POLICIES (SEE STATEMENT 14)
    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
    A WINDOW BETWEEN WORLDS
    710 4TH AVENUE
    VENICE,CA90291     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 15,000
    AIRPORT MARINA COUNSELING SERVICE
    7891 LA TIJERA BOULEVARD
    LOS ANGELES,CA90045     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 15,000
    AL WOOTEN JR YOUTH AND ADULT CULTURAL EDUCATIONAL CENTER
    9106 SOUTH WESTERN AVENUE
    LOS ANGELES,CA90047     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 15,000
    ALLIANCE FOR COLLEGE-READY PUBLIC SCHOOLS
    601 SOUTH FIGUEROA STREET 4TH FLOOR
    LOS ANGELES,CA90017     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    ALZHEIMER'S FOUNDATION OF AMERICA
    322 EIGHTH AVENUE 7TH FLOOR
    NEW YORK,NY10001     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 100
    AMERICAN CANCER SOCIETY
    PO BOX 79099
    LOS ANGELES,CA90079     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 335
    AMERICAN INDIAN EDUCATION FOUNATION
    PO BOX 641
    ALBERTA LEA,NM56007     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 50
    AMERICAN RED CROSS OF GREATER LOS ANGELES
    PO BOX 512006
    LOS ANGELES,CA90051     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 350
    ANGEL CITY PIT BULLS
    1834 GRAMERCY PLACE
    LOS ANGELES,CA90019     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 400
    ANGELS GATE CULTURAL CENTER
    3402 SOUTH GAFFEY STREET
    SAN PEDRO,CA90731     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    ASSISTANCE LEAGUE OF SAN PEDRO
    1441 WEST EIGHT STREET
    SAN PEDRO,CA90732     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 15,000
    AVON FOUNDATION FOR WOMEN
    1 AVON PLAZA
    RYE,NY10580     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 79
    BEACON HOUSE ASSOCIATION OF SAN PEDRO
    1003 SOUTH BEACON STREET
    SAN PEDRO,CA90731     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 15,500
    BEST FRIENDS ANIMAL SOCIETY
    15321 BRAND BOULEVARD
    MISSION HILLS,CA91345     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 550
    BOALT HALL FUND
    224 BOALT HALL 72000
    BERKELEY,CA94720     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 250
    BOYS AND GIRLS CLUB OF THE LOS ANGELES HARBOR
    1200 SOUTH CABRILLO
    SAN PEDRO,CA90731     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 25,000
    BOYS AND GIRLS CLUB OF THE SOUTH BAY
    1220 WEST 256TH STREET
    HARBOR CITY,CA90710     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 25,000
    CALIFORNIA RURAL LEGAL ASSISTANCE
    631 HOWARD STREET SUITE 300
    SAN FRANCISCO,CA94105     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 100
    CARE
    PO BOX 1870
    MERRIFIELD,VA22116     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 250
    CASA OF KERN COUNTY
    1717 COLUMBUS STREET
    BAKERSFIELD,CA93305     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 15,000
    CASA OF LOS ANGELES
    201 CENTRE PLAZA DRIVE ROOM 1100
    MONTEREY PARK,CA91754     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    CHAMPIONS OF CARING CONNECTIONS INC
    4513 EAST COMPTON BOULEVARD
    COMPTON,CA90221     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 5,000
    CHILDREN TODAY INC
    PO BOX 16004
    LONG BEACH,CA90806     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 20,000
    CHILDREN YOUTH AND FAMILY COLLABORATIVE
    1200 37TH PLACE
    LOS ANGELES,CA90007     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 15,000
    CHILDREN'S DEFENSE FUND - CA
    634 SOUTH SPRING STREET SUITE 500C
    LOS ANGELES,CA90014     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    CHILDREN'S HOSPITAL LOS ANGELES
    4650 SUNSET BOULEVARD MS29
    LOS ANGELES,CA90027     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 1,000
    CITY HEARTS KIDS SAY YES TO THE ARTS
    PO BOX 1314
    TOPANGA,CA90290     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    COALITION FOR ENGAGED EDUCATION
    3131 OLYMPIC BOULEVARD
    SANTA MONICA,CA90404     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,225
    CREATIVEBRIDGE COALITION
    921 ILIFF STREET
    PACIFIC PALASADES,CA90272     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 5,000
    DA VINCI SCHOOL
    13500 AVIATION BOULEVARD
    HAWTHORNE,CA90250     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 2,000
    DESERT AIDS PROJECT
    1695 NORTH SUNRISE WAY
    PALM SPRINGS,CA92262     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 100
    DISABLED SPORTS EASTERN SIERRA
    1 MINARET ROAD PO BOX 7275
    MAMMOTH LAKES,CA93546     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 6,500
    DOCTORS WITHOUT BORDERS
    PO BOX 5030
    HAGERSTOWN,MD21741     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 1,000
    ENCORE
    3555 LOMITA BOULEVARD SUITE E
    TORRANCE,CA90505     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 500
    EXTRAORDINARY FAMILIES
    155 NORTH OCCIDENTAL BOULEVARD
    LOS ANGELES,CA90026     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    FELINE CHARITY
    4216 PACIFIC COAST HIGHWAY 10095
    TORRANCE,CA90505     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 120
    FOOD FINDERS INC
    3744 NORTH INDUSTRY AVENUE SUITE
    401
    LAKEWOOD,CA90712     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    FRIENDS OF CABRILLO MARINE AQUARIUM
    3720 STEPHEN M WHITE DRIVE
    SAN PEDRO,CA90731     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,750
    FRIENDS OF LONG BEACH ANIMALS
    3815 ATLANTIC AVENUE SUITE 4
    LONG BEACH,CA90807     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 20,000
    GOLDEN STATE POPS ORCHESTRA
    383 WEST 6TH STREET 4
    SAN PEDRO,CA90731     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 250
    GOOD SAMARITAN COUNSELING CENTER
    1350 WEST 25TH STREET
    SAN PEDRO,CA90732     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 100
    GRAND VISION FOUNDATION
    434 WEST 6TH STREET
    SAN PEDRO,CA90731     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 41,000
    GUIDE DOGS FOR THE BLIND INC
    PO BOX 3950
    SAN RAFAEL,CA94912     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 250
    HABITAT FOR HUMANITY OF GREATER LOS ANGELES
    8739 ARTESIA BOULEVARD
    BELLFLOWER,CA90706     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 100
    HANDS4HOPE LA
    11210 OSTEGO STREET
    NORTH HOLLYWOOD,CA91601     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    HARBOR COMMUNITY CLINIC
    593 WEST 6TH STREET
    SAN PEDRO,CA90731     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 25,000
    HEALTHCARE TRUST OF MAMMOTH LAKES
    PO BOX 100 PMB160
    MAMMOTH LAKES,CA93546     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 1,000
    HELEN KELLER INTERNATIONAL INC
    352 PARK AVENUE SOUTH SUITE 1200
    NEW YORK,NY10010     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 5,000
    HELPLINE YOUTH COUNSELING INC
    14181 TELEGRAPH ROAD
    WHITTIER,CA90604     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    HIGH SIERRA TRI CLUB
    PO BOX 8272
    MAMMOTH LAKES,CA93546     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 1,000
    HOUSE OF HOPE FOUNDATION INC
    PO BOX 921
    SAN PEDRO,CA90731     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 2,650
    INTERNATIONAL TRADE EDUCATION PROGRAMS INC
    2417 EAST CARSON STREET SUITE 200
    CARSON,CA90810     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    JEWISH FAMILY & CHILDREN'S SERVICE - LONG BEACHWEST ORANGE COUNTY
    3801 EAST WILLOW STREET
    LONG BEACH,CA90815     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    JEWISH FAMILY SERVICES OF LOS ANGELES
    3580 WILSHIRE BOULEVARD 7TH FLOOR
    LOS ANGELES,CA90010     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 250
    JUSTICE FOR MURDERED CHILDREN
    BERTH 77 P-7B
    SAN PEDRO,CA90731     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 200
    KCRW
    1900 PICO BOULEVARD
    SANTA MONICA,CA90405     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 1,455
    KIDSAVE INTERNATIONAL
    100 CORPORATE POINT SUITE 380
    CULVER CITY,CA90230     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 15,000
    KOPY KAT SANCTUARY
    PO BOX 241
    DELMONT,PA15626     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 100
    LA PARTNERSHIP FOR EARLY CHILDHOOD INVESTMENT
    2355 WESTWOOD BOULEVARD 114
    LOS ANGELES,CA90064     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    LIBERTY HILL FOUNDATION
    6420 WILSHIRE BOULEVARD SUITE 700
    LOS ANGELES,CA90048     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 500
    LONG BEACH BAR FOUNDATION INC
    3515 LINDEN AVENUE
    LONG BEACH,CA90807     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 15,000
    LOS ALAMITOS DANCE BOOSTERS
    3591 CERRITOS SVENUE
    LOS ALAMITOS,CA90720     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 50
    LOS ANGELES CONSERVANCY
    523 WEST 6TH STREET SUITE 826
    LOS ANGELES,CA90014     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 2,500
    LOS ANGELES EDUCATION PARTNERSHIP
    202 WEST 1ST STREET SUITE 6-0410
    LOS ANGELES,CA90012     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 15,000
    LOS ANGELES MARITIME INSTITUTE
    BERTH 73 SUITE 2
    SAN PEDRO,CA90731     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 45,000
    MAR VISTA FAMILY CENTER
    5075 SOUTH SLAUSON AVENUE
    CULVER CITY,CA90230     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 15,000
    MARYMOUNT CALIFORNIA UNIVERSITY
    30800 PALOS VERDES DRIVE EAST
    RANCHO PALOS VERDES,CA90275     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 2,500
    MASSACHUSETTS GENERAL HOSPITAL
    100 CAMBRIDGE STREET SUITE 1310
    BOSTON,MA02114     		  PUBLIC CHARITY OCROBERTSD - 11/14/16 00:02AM WORKSHEET PRIVATE FOUNDATION 250
    MATERNAL MENTAL HEALTH NOW
    1000 NORTH ALAMEDA STREET SUITE 240
    LOS ANGELES,CA90012     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    MY FRIEND'S PLACE
    PO BOX 3867
    HOLLYWOOD,CA90078     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,600
    NATIONAL TRUST FOR HISTORIC PRESERVATION
    2600 VIRGINIA AVENUE NW SUITE 1000
    WASHINGTON,DC20037     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 5,000
    OCCIDENTAL COLLEGE
    1600 CAMPUS ROAD M-45
    LOS ANGELES,CA90041     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 300
    OPERATION JUMP START
    3515 LINDEN AVENUE
    LONG BEACH,CA90807     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    PF BRESEE FOUNDATION
    184 SOUTH BIMINI PLACE
    LOS ANGELES,CA90004     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 15,000
    PS SCIENCE
    1714 21ST STREET
    SANTA MONICA,CA90404     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 250
    PACIFIC BATTLESHIP CENTER
    250 SOUTH HARBOR BOULEVARD
    SAN PEDRO,CA90731     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 110,000
    PANCREATIC CANCER ACTION NETWORK
    1500 ROSECRANS AVENUE SUITE 200
    MANHATTAN BEACH,CA90266     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 200
    PEDIATRIC THERAPY NETWORK
    1815 WEST 213TH STREET SUITE 100
    TORRANCE,CA90501     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    PEDRO PET PALS
    464 WEST 11TH STREET
    SAN PEDRO,CA90731     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 50
    PEER HEALTH EXCHANGE INC
    1730 WEST OLYMPIC BOULEVARD THIRD
    FLOOR
    LOS ANGELES,CA90015     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    PLANNED PARENTHOOD LOS ANGELES
    PO BOX 60677
    LOS ANGELES,CA90060     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 350
    PORT OF LOS ANGELES HIGH SCHOOL
    250 WEST 5TH STREET
    SAN PEDRO,CA90731     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    PRESSFRIENDS
    2242 ESTRIBO
    ROLLING HILLS ESTATES,CA90274     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 8,000
    RAINBOW SERVICES LTD
    453 WEST 7TH STREET
    SAN PEDRO,CA90731     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 20,500
    SAN PEDRO CITY BALLET
    1231 SOUTH PACIFIC AVENUE
    SAN PEDRO,CA90731     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 300
    SANCTUARY OF HOPE
    PO BOX 431038
    LOS ANGELES,CA90043     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    SCHOOL ON WHEELS INC
    600 EAST 7TH STREET
    LOS ANGELES,CA90021     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 25,000
    SECOND CHANCE DOG RESCUE
    2801 B STREET 55
    SAN DIEGO,CA92102     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 250
    SHOES THAT FIT
    1420 NORTH CLAREMONT BOULEVARD
    SUITE 204-A
    CLAREMONT,CA91711     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 5,000
    SOUTH BAY VOCATIONAL CENTER
    20706 MAIN STREET
    CARSON,CA90745     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 200
    SOUTHERN CALIFORNIA PUBLIC RADIO
    474 SOUTH RAYMOND AVENUE
    PASADENA,CA91105     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 1,150
    SOUTHWEST INDIAN RELIEF COUNCIL
    PO BOX 6039
    ALBERTA LEA,MN56007     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 50
    STREET POETS INC
    2116 ARLINGTON AVENUE SUITE 310
    LOS ANGELES,CA90018     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    SU CASA - ENDING DOMESTIC VIOLENCE
    3840 WOODRUFF AVENUE SUITE 203
    LONG BEACH,CA90808     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    TAKING THE REINS
    3919 RIGALI AVENUE
    LOS ANGELES,CA90039     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 5,000
    TEENS EXPLORING TECHNOLOGY
    1481 WEST ADAMS BOULEVARD
    LOS ANGELES,CA90007     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    THE CAL FUND
    2080 ADDISON STREET 4200
    BERKELEY,CA94720     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 200
    THE CHILDREN'S DENTAL CENTER OF GREATER LOS ANGELES
    300 EAST BUCKTHORN STREET
    INGLEWOOD,CA90301     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    THE RESCUE TRAIN
    11271 VENTURA BOULEVARD 405
    STUDIO CITY,CA91604     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 200
    THE RICHSTONE CENTER INC
    13620 CORDARY AVENUE
    HAWTHORNE,CA90250     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 13,000
    THE SALVATION ARMY
    PO BOX 866014
    LONG BEACH,CA90086     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 250
    TOBERMAN NEIGHBORHOOD CENTER INC
    131 NORTH GRAND AVENUE
    SAN PEDRO,CA90731     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 7,600
    TORRANCE EDUCATION FOUNDATION
    PO BOX 1397
    TORRANCE,CA90505     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 150
    UC BERKELEY FOUNDATION - GRADUATE SCHOOL OF EDUCATION
    3615 TOLMAN HALL
    BERKELEY,CA94720     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 100
    UCSB FOUNDATION
    UNIVERSITY OF CALIFORNIA SANTA
    BARBARA
    SANTA BARBARA,CA93106     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 250
    UNITED MITOCHONDRIAL DISEASE FOUNDATION
    8085 SALTSBURG ROAD SUITE 201
    PITTSBURGH,PA15239     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 100
    UNITED STATES ACADEMIC DECATHLON ASSOCIATION
    PO BOX 4351
    MANKATO,MN56002     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 500
    UNITED THROUGH READING
    11772 SORRENTO VALLEY ROAD SUITE
    125
    SAN DIEGO,CA92121     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 100
    US FUND FOR UNICEF
    PO BOX 96964
    WASHINGTON,DC20090     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 250
    VISION TO LEARN
    11611 SAN VINCENTE BOULEVARD
    LOS ANGELES,CA90049     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 15,000
    VOLUNTEER CENTER - SOUTH BAYHARBORLONG BEACH
    1230 CRAVENS AVENUE
    TORRANCE,CA90501     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    WESTSIDE FAMILY HEALTH CENTER
    1711 OCEAN PARK BOULEVARD
    SANTA MONICA,CA90405     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 20,000
    WESTSIDE INFANT - FAMILY NETWORK
    8611 WASHINGTON BOULEVARD
    CULVER CITY,CA90232     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 15,000
    WHITMAN COLLEGE WOMEN'S BASKETBALL
    345 BOYER AVENUE
    WALLA WALLA,WA99362     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 150
    WILMINGTON YMCA
    1127 AVALON BOULEVARD
    WILMINGTON,CA90744     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 10,000
    WINZLER CHILDREN'S CENTER
    717 CREIGHTON STREET
    EUREKA,CA95501     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 250
    YWCA OF THE HARBOR AREA
    437 WEST 9TH STREET
    SAN PEDRO,CA90731     		  PUBLIC CHARITY GENERAL CHARITABLE PURPOSE 2,500
    Total .................................bullet 3a 952,114
    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 ...........     		    14 104,874  
    4 Dividends and interest from securities....     14 593,352  
    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.....     14 36,238  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 381,249  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aEXCISE TAXES REVERSAL     		    18 18,747  
    bPARTNERSHIP DISTRIBUTIONS     18 7,908  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,142,368 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,142,368
    (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 CRAIL-JOHNSON FOUNDATION
    EIN:
    33-0247161
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES 42,252 12,676   29,576

    TY 2015 GeneralExplanationAttachment
    Name:
    THE CRAIL-JOHNSON FOUNDATION
    EIN:
    33-0247161
    Identifier Return Reference Explanation
      FORM 990-PF, PART XV, QUESTIONS 2B - 2D MISSION STATEMENT:THE MISSION OF THE CRAIL-JOHNSON FOUNDATION IS TO PROMOTE THE WELL BEING OF CHILDREN IN NEED, THROUGH THE EFFECTIVE APPLICATION OF HUMAN AND FINANCIAL RESOURCES. IT IS OUR COMMITMENT TO BE AN ADVOCATE FOR CHILDREN AND TO ACT AS AN AGENT FOR POSITIVE CHANGE. WE ENDEAVOR TO PROVIDE FOR IMMEDIATE IMPROVEMENT IN CHILDREN'S QUALITY OF LIFE, AS WELL AS TO PROVIDE OPPORTUNITIES FOR A FUTURE LIFE OF QUALITY.GRANT MAKING POLICIES:THE CRAIL-JOHNSON FOUNDATION ("THE CJF") HAS DEFINED ITSELF AS A "CHILDREN'S CHARITY AND THE VAST MAJORITY OF GRANT MAKING IS DIRECTED TOWARD PROGRAMS BENEFITING CHILDREN, YOUTH AND FAMILIES IN THE GREATER LOS ANGELES AREA. GENERALLY, PROPOSALS, WHICH ARE NOT RELEVANT TO THE FOUNDATION'S MISSION AND FUNDING PRIORITIES, WILL NOT BE CONSIDERED.THE CJF PROVIDES FINANCIAL SUPPORT PRIMARILY THROUGH GRANTS TO PUBLIC NON-PROFIT ORGANIZATIONS THAT ARE EXEMPT UNDER SECTION 501(C )(3) OF THE INTERNAL REVENUE CODE AND ARE NOT A PRIVATE FOUNDATION UNDER SECTION 509(A). THE CJF PROVIDES GRANTS FOR PROGRAM INITIATIVES AND ENHANCEMENTS, GENERAL OPERATING SUPPORT AND CAPITAL PROJECTS. CJF PROVIDES TECHNICAL ASSISTANCE TO SELECTED COMMUNITY BASED INITIATIVES BENEFITING CHILDREN AND FAMILIES.SUPPORT IS NOT GRANTED FOR PROGRAMS AND PROJECTS BENEFITING RELIGIOUS PURPOSES, UNIVERSITY LEVEL EDUCATION, RESEARCH, EVENTS RECOGNIZING INDIVIDUALS OR ORGANIZATIONS, POLITICAL CAUSES OR PROGRAMS ATTEMPTING TO INFLUENCE LEGISLATION. NO GRANTS ARE MADE DIRECTLY TO INDIVIDUALS.THE MAJORITY OF THE CJF FUNDING SUPPORTS ORGANIZATIONS LOCATED IN THE GREATER LOS ANGELES AREA AND PROJECTS THAT DIRECTLY BENEFIT LOS ANGELES AREA RESIDENTS. NATIONAL ORGANIZATIONS PROVIDING SERVICES IN LOS ANGELES ARE ALSO CONSIDERED. OCCASIONALLY, GRANTS ARE MADE TO PROGRAMS AND PROJECTS THAT ARE REGIONAL OR NATIONAL IN SCOPE, WHERE POTENTIAL BENEFITS TO CHILDREN AND FAMILIES IN LOS ANGELES CAN BE CLEARLY DEMONSTRATED. IN ADDITION, THE FOUNDATION HAS ESTABLISHED FUNDS TO SUPPORT CHILDREN'S PROGRAMS IN THE FOLLOWING COMMUNITIES: KERN COUNTY.GRANT APPLICATION PROCESS:THE CJF HAS IMPLEMENTED A TWO-PHASE APPLICATION PROCESS. FIRST, ANY ELIGIBLE NONPROFIT MAY SUBMIT A LETTER OF INQUIRY ("LOI"). DETAILED INFORMATION, INCLUDING THE LOI FORM AND DEADLINES, ARE AVAILABLE ON THE CJF'S WEBSITE. THE SECOND PHASE OF THE CJF APPLICATION PROCESS IS A FULL GRANT APPLICATION, WHICH IS BY INVITATION ONLY, AND IS PROVIDED TO THOSE NONPROFITS WHO ARE INVITED TO SUBMIT THE FULL APPLICATION. DEADLINES VARY THROUGHOUT THE FISCAL YEAR.

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    THE CRAIL-JOHNSON FOUNDATION
    EIN:
    33-0247161
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FIXED INCOME 2,489,510 2,489,510

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    THE CRAIL-JOHNSON FOUNDATION
    EIN:
    33-0247161
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQUITY SECURITIES 10,280,679 10,280,679

    TY 2015 InvestmentsOtherSchedule2
    Name:
    THE CRAIL-JOHNSON FOUNDATION
    EIN:
    33-0247161
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ALTERNATIVE & STRUCTURED INVESTMENTS FMV 3,566,351 3,566,351

    TY 2015 OtherAssetsSchedule
    Name:
    THE CRAIL-JOHNSON FOUNDATION
    EIN:
    33-0247161
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PRI - LAMI BRIDGE LOAN 245,000 257,500 257,500
    PRI - LAMI BRIDGE LOAN RESERVE -245,000 -257,500 -257,500


    TY 2015 OtherDecreasesSchedule
    Name:
    THE CRAIL-JOHNSON FOUNDATION
    EIN:
    33-0247161
    Description Amount
    UNREALIZED GAIN/LOSS ON INVESTMENTS 1,608,269


    TY 2015 OtherExpensesSchedule
    Name:
    THE CRAIL-JOHNSON FOUNDATION
    EIN:
    33-0247161
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LICENSE AND PERMITS 180 0   180
    POSTAGE 71 0   71
    DUES & SUBSCRIPTION 4,680 0   4,680
    INSURANCE 6,842 0   6,842
    MISCELLANEOUS 88 0   88
    FROM K-1S - INVESTMENT EXPENSES 0 13,488   0


    TY 2015 OtherIncomeSchedule2
    Name:
    THE CRAIL-JOHNSON FOUNDATION
    EIN:
    33-0247161
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANEOUS INCOME 36,238 36,238 36,238
    EXCISE TAXES REVERSAL 18,747   18,747
    PARTNERSHIP DISTRIBUTIONS 7,908   7,908


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    THE CRAIL-JOHNSON FOUNDATION
    EIN:
    33-0247161
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 117,066 117,066   0


    TY 2015 TaxesSchedule
    Name:
    THE CRAIL-JOHNSON FOUNDATION
    EIN:
    33-0247161
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 6,894 0   6,894