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 JOSEPH AND VERA LONG FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)500 YGNACIO VALLEY ROAD SUITE 330
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WALNUT CREEK, CA94596
A Employer identification number

94-1643626
B Telephone number (see instructions)

(925) 935-4138
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$99,547,520J 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 724,835 712,210  
4 Dividends and interest from securities... 2,503,904 2,503,904  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 826,375
b Gross sales price for all assets on line 6a 15,731,169
7 Capital gain net income (from Part IV, line 2)... 826,375
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 14,979 14,979  
12 Total. Add lines 1 through 11........ 4,070,093 4,057,468  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 133,500 67,000   66,500
14 Other employee salaries and wages...... 72,739 36,370   36,370
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 38,650 19,325   19,325
c Other professional fees (attach schedule).... Click to see attachment 62,081 62,081   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 15,334 7,667   7,667
19 Depreciation (attach schedule) and depletion... 1,125 0  
20 Occupancy.............. 32,553 16,276   16,277
21 Travel, conferences, and meetings....... 4,646 0   4,646
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 128,026 213,425   6,594
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 488,654 422,144   157,379
25 Contributions, gifts, grants paid....... 7,025,132 4,942,555
26 Total expenses and disbursements. Add lines 24 and 25 7,513,786 422,144   5,099,934
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,443,693
b Net investment income (if negative, enter -0-) 3,635,324
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 9,103,357 7,678,878 7,678,878
3 Accounts receivable bullet103,153
Less: allowance for doubtful accounts bullet   32,126 103,153 103,153
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.......... 15,266 22,328 22,328
10a Investments—U.S. and state government obligations (attach schedule) 890,648 Click to see attachment783,876 783,876
b Investments—corporate stock (attach schedule)....... 62,668,180 Click to see attachment56,937,366 56,937,366
c Investments—corporate bonds (attach schedule)....... 19,170,663 Click to see attachment19,948,549 19,948,549
11 Investments—land, buildings, and equipment: basis bullet9,597
Less: accumulated depreciation (attach schedule) bullet1,619   7,978 7,978
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 15,549,834 Click to see attachment14,065,392 14,065,392
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) 107,430,074 99,547,520 99,547,520
Liabilities 17 Accounts payable and accrued expenses.......... 5,044 5,000
18 Grants payable.................. 2,635,079 4,717,656
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) Click to see attachment939,419 Click to see attachment154,288
23 Total liabilities (add lines 17 through 22)......... 3,579,542 4,876,944
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 103,850,532 94,670,576
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)..... 103,850,532 94,670,576
31 Total liabilities and net assets/fund balances (see instructions). 107,430,074 99,547,520
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
103,850,532
2
Enter amount from Part I, line 27a .....................
2
-3,443,693
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
601,877
4
Add lines 1, 2, and 3 ..........................
4
101,008,716
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
6,338,140
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
94,670,576
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 WELLS FARGO     2015-12-31
b CHARLES SCHWAB - SARATOGA     2015-12-31
c CHARLES SCHWAB - SEGALL     2015-12-31
d CHARLES SCHWAB - WEDGEWOOD     2015-12-31
e CHARLES SCHWAB - ST. JAMES     2015-12-31
CHARLES SCHWAB - INVEST     2015-12-31
WELLS FARGO - BOWHAY     2015-12-31
(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 7,724,995   7,320,334 404,661
b 877,590   639,775 237,815
c 845,372   894,068 -48,696
d 1,044,461   1,507,282 -462,821
e 2,570,434   2,073,168 497,266
1,674,928   1,501,265 173,663
993,389   968,902 24,487
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       404,661
b       237,815
c       -48,696
d       -462,821
e       497,266
      173,663
      24,487
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 2 826,375
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 4,790,652 106,575,178 0.044951
2013 4,454,762 99,389,795 0.044821
2012 4,494,245 91,738,476 0.048990
2011 4,460,778 92,591,843 0.048177
2010 4,313,433 89,773,870 0.048048
2
Total of line 1, column (d) .....................
20.234987
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
0.046997
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
104,297,646
5
Multiply line 4 by line 3......................
5
4,901,676
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
36,353
7
Add lines 5 and 6........................
7
4,938,029
8
Enter qualifying distributions from Part XII, line 4.............
8
5,099,934
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 36,353
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 36,353
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 36,353
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 55,000
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 55,000
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 18,647
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet18,647 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 addressbulletWWW.JVLF.ORG
    14
    The books are in care ofbulletMS BRENDA KAUTEN Telephone no.bullet (925) 935-4138

    Located atbullet500 YGNACIO VALLEY ROAD SUITE 330WALNUT CREEKCA ZIP+4bullet94596
    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
    NICHOLAS PIEDISCALZI PRESIDENT/TRUSTEE
    0.50     		0 0 0
    500 YGNACIO VALLEY ROADSUITE 330
    WALNUT CREEK,CA94596
    MILTON E LONG EXEC. DIR./VP/TREASURER/TR
    32.00     		130,000 0 0
    500 YGNACIO VALLEY ROADSUITE 330
    WALNUT CREEK,CA94596
    NAN L GEFEN VP/SECRETARY/TRUSTEE
    0.50     		0 0 0
    500 YGNACIO VALLEY ROADSUITE 330
    WALNUT CREEK,CA94596
    MICHELLE HOLSTEIN VP/TRUSTEE
    0.50     		0 0 0
    500 YGNACIO VALLEY ROADSUITE 330
    WALNUT CREEK,CA94596
    RONALD A PLOMGREN VP/TRUSTEE
    0.50     		3,500 0 0
    500 YGNACIO VALLEY ROADSUITE 330
    WALNUT CREEK,CA94596
    LANI MACKENZIE VP/TRUSTEE
    0.50     		0 0 0
    500 YGNACIO VALLEY ROADSUITE 330
    WALNUT CREEK,CA94596
    LISA PIEDISCALZI VP/TRUSTEE
    0.50     		0 0 0
    500 YGNACIO VALLEY ROADSUITE 330
    WALNUT CREEK,CA94596
    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
    BRENDA A KAUTEN ADMINISTRATOR
    28.00     		72,949 0 0
    500 YGNACIO VALLEY RD 330
    WALNUT CREEK,CA94596
    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
    ST JAMES INVESTMENT INVESTMENT MANAGER 62,615
    3838 OAK LAWN AVENUE
    DALLAS,TX75219
    BEACON POINTE ADVISORS CONSULTING 62,081
    24 CORPORATE PLAZA SUITE 150
    NEWPORT BEACH,CA92660
    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 N/A 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
    97,143,067
    b
    Average of monthly cash balances.......................
    1b
    8,675,228
    c
    Fair market value of all other assets (see instructions)................
    1c
    67,640
    d
    Total (add lines 1a, b, and c).........................
    1d
    105,885,935
    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
    105,885,935
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,588,289
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    104,297,646
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    5,214,882
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    5,214,882
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    36,353
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    36,353
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,178,529
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    5,178,529
    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
    5,178,529
    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
    5,099,934
    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
    5,099,934
    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
    36,353
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    5,063,581
    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 5,178,529
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 5,042,555
    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......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 5,099,934
    a Applied to 2014, but not more than line 2a 5,042,555
    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..... 57,379
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		5,121,150
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ALZHEIMER'S DISEASE & RELATED DISORDERS ASSN
    2290 N FIRST ST STE 101
    SAN JOSE,CA95131     		NONE PUBLIC CHARITY ONE MISSION, ONE MESSAGE 75,000
    ASHBY VILLAGE
    2330 DURANT AVENUE
    BERKELEY,CA94704     		NONE PUBLIC CHARITY STRATEGIC TECHNOLOGY INITIATIVE 47,000
    BAYVIEW OPERA HOUSE
    4702 THIRD STREET
    SAN FRANCISCO,CA94124     		NONE PUBLIC CHARITY DARE 2 DREAM 25,000
    CALIFORNIA LAWYERS FOR THE ARTS
    2 MARINA BLVD FORT MASON CTR C-265
    SAN FRANCISCO,CA94124     		NONE PUBLIC CHARITY SPOTLIGHT ON THE ARTS 42,000
    CANCER RESOURCE CENTERS OF MENDOCINO COUNTY
    PO BOX 50
    MENDOCINO,CA95460     		NONE PUBLIC CHARITY BOOMERS & BEYOND: MEDICAL APPT PREPARATION FOR SENIORS 15,000
    CIVICORPS
    101 MYRTLE STREET
    OAKLAND,CA94607     		NONE PUBLIC CHARITY CAREER CULTIVATION CENTER 49,000
    COMMUNITY RESOURCES FOR SCIENCE
    1611 SAN PABLO AVE SUITE 10-B
    BERKELEY,CA94702     		NONE PUBLIC CHARITY ESCAPE: ELEMENTARY SCIENCE COLLABORATION AT PINOLE-FAMILY ELEMENTARIES 50,000
    DIENTES COMMUNITY DENTAL CARE
    5300 SOQUEL AVENUE SUITE 103
    SANTA CRUZ,CA95062     		NONE PUBLIC CHARITY ADULT CENTER RENOVATION 49,000
    DUCKS UNLIMITED
    ONE WATERFOWL WAY
    MEMPHIS,TN38120     		NONE PUBLIC CHARITY RESTORE SAN FRANCISCO ESTUARY-SKAGGS ISLAND & SEARS POINT PROJECT 500,000
    EASTER SEALS CENTRAL CALIFORNIA
    9010 SOQUEL DRIVE STE 1
    APTOS,CA95003     		NONE PUBLIC CHARITY CAMP HARMON ARTS EDUCATION FOR ALL 25,000
    EDUCATION OUTSIDE
    135 VAN NESS AVENUE STE 408
    SAN FRANCISCO,CA94102     		NONE PUBLIC CHARITY SAN FRANCISCO OUTDOOR CLASSROOM PROJECT 45,000
    FAMILY HOUSE
    50 IRVING STREET
    SAN FRANCISCO,CA94122     		NONE PUBLIC CHARITY TRANSPORTATION PROGRAM 65,000
    GIRL SCOUTS OF NORTHERN CALIFORNIA
    1650 HARBOR BAY PARKWAY SUITE 100
    ALAMEDA,CA94502     		NONE PUBLIC CHARITY CAMP BUTANO CREEK CAMP IMPROVEMENT PROJECT 100,000
    GIRLS INCORPORATED OF ALAMEDA COUNTY
    510 16TH STREET
    OAKLAND,CA94612     		NONE PUBLIC CHARITY EUREKA! INNOVATE^3 REDESIGN 75,000
    HABITOT CHILDREN'S MUSEUM
    2065 KITTREDGE STREET
    BERKELEY,CA94704     		NONE PUBLIC CHARITY NEW PLACE TO GROW 75,000
    HOPE HOSPICE
    6377 CLARK AVENUE SUITE 100
    DUBLIN,CA94568     		NONE PUBLIC CHARITY VOLUNTEER PROGRAM 15,000
    HUMBOLDT SENIOR RESOURCE CENTER
    1910 CALIFORNIA STREET
    EUREKA,CA95501     		NONE PUBLIC CHARITY MAKING THE SENIOR CENTER SAFE & ACCESSIBLE 30,000
    INSTITUTE ON AGING
    3575 GEARY BLVD
    SAN FRANCISCO,CA94118     		NONE PUBLIC CHARITY PROCURA PROFESSIONAL SERVICES CONSULTING 30,000
    JOHN MUIR FOUNDATION DBA JOHN MUIR HEALTH FOUNDATION
    1400 TREAT BLVD 2ND FLOOR
    WALNUT CREEK,CA94597     		NONE PUBLIC CHARITY VECTOR GAIT SYSTEM FOR NEW REHABILITATION GYM 250,000
    LIFE LAB SCIENCE PROGRAM DBA FOOD WHAT
    1156 HIGH STREET
    SANTA CRUZ,CA95064     		NONE PUBLIC CHARITY DRIVING FORWARD FOR YOUTH: FOOD, WHAT?! PASSENGER VAN 31,065
    LIFELONG MEDICAL CARE
    2344 SIXTH STREET
    BERKELEY,CA94710     		NONE PUBLIC CHARITY OVER 60 HEALTH CENTER IMPROVEMENT PROJECT 75,000
    MILLS COLLEGE
    5000 MACARTHUR BLVD
    OAKLAND,CA94613     		NONE PUBLIC CHARITY RENOVATE BIOLOGY RESEARCH LABS 500,000
    MILLS COLLEGE
    5000 MACARTHUR BLVD
    OAKLAND,CA94613     		NONE PUBLIC CHARITY J.M. LONG SCHOLARSHIP ENDOWMENT 25,000
    LAND TRUST OF NAPA COUNTY
    1700 SOSCOL BLVD
    NAPA,CA94559     		NONE PUBLIC CHARITY ARCHER TAYLOR PRESERVE - COMPLETE PROTECTION OF PRESERVE 49,000
    NORTHCOAST REGIONAL LAND TRUST
    PO BOX 398
    BAYSIDE,CA95524     		NONE PUBLIC CHARITY HUMBOLDT BAY COHO SALMON HABITAT RESTORATION & FRESHWATER FARMS RESERVE NATIVE PLANT NURSERY REHABILITATION 40,000
    OAKLAND CHILDREN'S FAIRYLAND
    699 BELLEVUE AVENUE
    OAKLAND,CA94610     		NONE PUBLIC CHARITY LITTLE MISS MUFFET'S LEARNING GARDEN 21,000
    O'NEILL SEA ODYSSEY
    2222 EAST CLIFF DRIVE 222
    SANTA CRUZ,CA95062     		NONE PUBLIC CHARITY SILICON VALLEY OCEANOGRAPHY 25,000
    PREVENT BLINDNESS NORTHERN CALIFORNIA
    1388 SUTTER STREET 408
    SAN FRANCISCO,CA94109     		NONE PUBLIC CHARITY SEE WELL TO LEARN - COMPREHENSIVE EARLY VISION INTERVENTION FOR LOW-INCOME UNDERSERVED OAKLAND PRESCHOOLERS 25,000
    SAN MATEO COUNTY HEALTH FOUNDATION
    222 W 39TH AVENUE
    SAN MATEO,CA94403     		NONE PUBLIC CHARITY ACUTE CARE UNIT FURNISHINGS 60,000
    SAVE MOUNT DIABLO
    1901 OLYMPIC BLVD STE 320
    WALNUT CREEK,CA94596     		NONE PUBLIC CHARITY MARSH CREEK 8 PURCHASE & PRESERVATION 85,000
    SEMPERVIRENS FUND
    419 SOUTH SAN ANTONIO ROAD STE 211
    LOS ALTOS,CA94023     		NONE PUBLIC CHARITY SITE PREPARATION FOR CASTLE ROCK STATE PARK ENTRANCE - PHASE I 100,000
    SIERRA NEVADA ALLIANCE
    10183 TRUCKEE AIRPORT RD STE 2
    TRUCKEE,CA96161     		NONE PUBLIC CHARITY AMERICORPS PARTNERSHIP TRAINING & WATERSHED RESTORATION 25,000
    SONOMA STATE UNIVERSITY SCHOOL OF EDUCATION
    1801 EAST COTATI AVE
    ROHNERT PARK,CA94928     		NONE PUBLIC CHARITY TECHNOLOGY LENDING LIBRARY FOR MAKER EDUCATIONS IN THE NORTH BAY 10,000
    ST MARY'S CENTER
    925 BROCKHURST STREET
    OAKLAND,CA94608     		NONE PUBLIC CHARITY RESOURCES FOR THE THIRD AGE 20,000
    STUDENT CONSERVATION ASSN
    1230 PRESERVATION PARKWAY
    OAKLAND,CA94612     		NONE PUBLIC CHARITY ENGAGING YOUTH & TECHNOLOGY TO MAP THE NATURAL RESOURCES OF SAN MATEO COUNTY PARKS 75,000
    SUNDAY FRIENDS FOUNDATION
    730 STORY ROAD STE 3
    SAN JOSE,CA95122     		NONE PUBLIC CHARITY ENHANCING STEM EDUCATION FOR LOW-INCOME CHILDREN 15,000
    THE GARDENS AT HEATHER FARM
    1540 MARCHBANKS DRIVE
    WALNUT CREEK,CA94598     		NONE PUBLIC CHARITY GREENHOUSE FOR ORNAMENTAL PLAN CULTIVATION & EDUCATION 10,000
    THE HEALTH TRUST
    3180 NEWBERRY DRIVE STE 200
    SAN JOSE,CA95118     		NONE PUBLIC CHARITY SERVICE IMPROVEMENT NETWORK FOR CLIENTS 25,000
    THE PACIFIC FOREST TRUST
    1001-A OREILLY AVENUE
    SAN FRANCISCO,CA94129     		NONE PUBLIC CHARITY MT. SHASTA HEADWATERS WORKING FOREST CONSERVATION EASEMENT 49,000
    THE REDWOODS - A COMMUNITY OF SENIORS
    40 CAMINO ALTO
    MILL VALLEY,CA94941     		NONE PUBLIC CHARITY ENHANCE THE REDWOODS HEALTH & WELLNESS PROGRAM 25,000
    THE SIERRA FUND
    206 SACRAMENTO STREET STE 101
    NEVADA CITY,CA95959     		NONE PUBLIC CHARITY DESIGNING MERCURY CLEANUP AT MALAKOFF DIGGINS STATE HISTORIC PARK 30,000
    TULEYOME
    607 NORTH STREET
    WOODLAND,CA95695     		NONE PUBLIC CHARITY LAND CONSERVATION & STEWARDSHIP FUND 50,000
    UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION
    2080 ADDISON STREET
    BERKELEY,CA94720     		NONE PUBLIC CHARITY MOFFITT UNDERGRADUATE LIBRARY RENOVATIONS 250,000
    UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION (UCSF)
    UCSF BOX 0248
    SAN FRANCISCO,CA94143     		NONE PUBLIC CHARITY EPILEPSY ZEBRAFISH-BASED APPROACH TO PRECISION MEDICINE 609,490
    UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION (UCSF)
    UCSF BOX 0248
    SAN FRANCISCO,CA94143     		NONE PUBLIC CHARITY ENDOWMENT - PROFESSORSHIP IN DIABETES & OBESITY 500,000
    UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION (UCSF)
    UCSF BOX 0248
    SAN FRANCISCO,CA94143     		NONE PUBLIC CHARITY ENDOWMENT - DIRECTOR'S INNOVATION FUND 500,000
    WOMEN ORGANIZED TO MAKE ABUSE NON-EXISTENT (WOMAN)
    333 VALENCIA STE 450
    SAN FRANCISCO,CA94103     		NONE PUBLIC CHARITY HYBRID VOLUNTEER TRAINING PROJECT 25,000
    YOSEMITE FOUNDATION
    101 MONTGOMERY ST 1700
    SAN FRANCISCO,CA94104     		NONE PUBLIC CHARITY TENAYA LAKE SUNRISE TRAIL & BOARDWALK 126,000
    Total .................................bullet 3a 4,942,555
    bApproved for future payment
    UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION (UCSF)
    220 MONTGOMERY STREET 5TH FL
    SAN FRANCISCO,CA94104     		NONE PUBLIC CHARITY DIABETES PROFESSORSHIP AND DIRECTOR'S FUND 4,000,000
    Total .................................bullet 3b 4,000,000
    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 ...........     		    14 724,835  
    4 Dividends and interest from securities....     14 2,503,904  
    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 14,979  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 826,375  
    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 4,070,093 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    134,070,093
    (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 JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 38,650 19,325   19,325

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Name of Bond End of Year Book Value End of Year Fair Market Value
    SEGALL 12,262,013 12,262,013
    WELLS FARGO ADVISORS 7,686,536 7,686,536

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CHARLES SCHWAB 48,732,074 48,732,074
    WELLS FARGO ADVISORS 8,205,292 8,205,292

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

    0
    State & Local Government Securities - End of Year Book Value:


    783,876
    State & Local Government Securities - End of Year Fair Market Value:


    783,876


    TY 2015 InvestmentsOtherSchedule2
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    VENOCO FMV 11,786 11,786
    WELLS FARGO ADVISORS FMV 100,978 100,978
    SARATOGA FMV 6,055,890 6,055,890
    WEDGEWOOD FMV 7,896,738 7,896,738

    TY 2015 OtherDecreasesSchedule
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Description Amount
    UNREALIZED LOSS 6,338,140


    TY 2015 OtherExpensesSchedule
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EQUIPMENT RENTAL 2,819 1,409   1,410
    OFFICE EXPENSE 4,726 2,295   2,431
    MANAGEMENT FEES 205,932 205,932   0
    INVESTMENT EXPENSES 13,951 13,951   0
    INSURANCE 4,510 2,255   2,255
    DUES & SUBSCRIPTIONS 933 909   24
    PROPERTY 948 474   474
    MISCELLANEOUS 300 300   0
    REIMBURSEABLE EXPENSES -14,100 -14,100   0
    FEDERAL EXCISE TAX BENEFIT -91,993 0   0


    TY 2015 OtherIncomeSchedule2
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 14,979 14,979 0


    TY 2015 OtherIncreasesSchedule
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Description Amount
    PRIOR PERIOD ADJUSTMENT - DEFERRED TAX LIABILITY 601,877


    TY 2015 OtherLiabilitiesSchedule
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL TAX LIABILITY 14,185 12,441
    DEFERRED FEDERAL EXCISE TAX LIABILITY 925,234 140,305
    SIMPLE IRA LIABILITIES 0 1,542


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING 62,081 62,081   0


    TY 2015 TaxesSchedule
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAX 15,334 7,667   7,667