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
Yellow Chair Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)1660 Bush Street No 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
San Francisco, CA94109
A Employer identification number

94-3380194
B Telephone number (see instructions)

(415) 561-6540
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$227,033,395J 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 816 130,210  
4 Dividends and interest from securities... 2,516,345 3,655,081  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,320,759
b Gross sales price for all assets on line 6a 49,959,460
7 Capital gain net income (from Part IV, line 2)... 12,773,061
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 3,937 -74,758  
12 Total. Add lines 1 through 11........ 8,841,857 16,483,594  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 29,830 14,915   14,915
c Other professional fees (attach schedule).... Click to see attachment 1,663,801 1,421,536   242,265
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 306,128 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 2,490 125   2,366
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 3,104 -5,144   8,248
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,005,353 1,431,432   267,794
25 Contributions, gifts, grants paid....... 6,599,921 10,615,475
26 Total expenses and disbursements. Add lines 24 and 25 8,605,274 1,431,432   10,883,269
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 236,583
b Net investment income (if negative, enter -0-) 15,052,162
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......... 9,227,138 6,742,551 6,742,551
3 Accounts receivable bullet53,144
Less: allowance for doubtful accounts bullet   77,505 53,144 53,144
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.......... 189,197 113,790 113,790
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 164,363,953 Click to see attachment154,930,192 154,930,192
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 68,047,671 Click to see attachment65,135,192 65,135,192
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 attachment58,526 Click to see attachment58,526
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 241,905,464 227,033,395 227,033,395
Liabilities 17 Accounts payable and accrued expenses.......... 354,748 338,819
18 Grants payable.................. 19,758,956 15,743,402
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 attachment1,299,626 Click to see attachment379,897
23 Total liabilities (add lines 17 through 22)......... 21,413,330 16,462,118
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 220,492,134 210,571,277
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)..... 220,492,134 210,571,277
31 Total liabilities and net assets/fund balances (see instructions). 241,905,464 227,033,395
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
220,492,134
2
Enter amount from Part I, line 27a .....................
2
236,583
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
591,000
4
Add lines 1, 2, and 3 ..........................
4
221,319,717
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
10,748,440
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
210,571,277
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 goldman sachs equity P 2014-01-01 2015-12-31
b gscp v institutional aiv, lp - k1 P 2014-01-01 2015-12-31
c gs capital partners v inst. - k1 P 2014-01-01 2015-12-31
d gs capital partners vi parallel - k1 P 2014-01-01 2015-12-31
e whitehall parallel global 2007 - k1 P 2014-01-01 2015-12-31
KKR PRINCIPAL OPPORTUNITIES ACCESS FUND P 2014-01-01 2015-12-31
PRIVATE EQUITY MANAGERS 2013 P 2014-01-01 2015-12-31
PRIVATE EQUITY MANAGERS 2014 P 2014-01-01 2015-12-31
GOLDMAN SACHS VINTAGE FUND III OFFSHORE, LP P 2014-01-01 2015-12-31
GOLDMAN SACHS VINTAGE FUND IV OFFSHORE HOLDINGS, LP P 2014-01-01 2015-12-31
GOLDMAN SACHS VINTAGE FUND V OFFSHORE HOLDINGS, LP P 2014-01-01 2015-12-31
GOLDMAN SACHS VINTAGE FUND VI OFFSHORE, LP P 2014-01-01 2015-12-31
GS Private Equity Managers Concentrated Offshore LP P 2014-01-01 2015-12-31
THOMAS H LEE EQUITY VI ACCESS LP P 2014-01-01 2015-12-31
GS MEZZANINE PARTNERS V OFFSHORE, L.P. P 2014-01-01 2015-12-31
GS MEZZANINE PARTNERS 2006 OFFSHORE, L.P. P 2014-01-01 2015-12-31
ANCHORAGE ILLIQUID OPPORTUNITIES IV ACCESS FUND P 2014-01-01 2015-12-31
Mt Kellett Capital Partners II Acess Fund P 2014-01-01 2015-12-31
GOLDMAN SACHS WLR OPPORTUNITIES FUND OFFSHORE, LP P 2014-01-01 2015-12-31
GROWTH AND EMERGING MARKETS PRIVATE EQUITY P 2014-01-01 2015-12-31
ENERGY PRIVATE EQUITY MANAGERS CONCENTRATED II LP P 2014-01-01 2015-12-31
PRIVATE EQUITY MANAGERS 2015 P 2014-01-01 2015-12-31
WHITEHALL STREET INTERNATIONAL REAL ESTATE CORPORATION 2005 P 2014-01-01 2015-12-31
Artisan Dynamic P 2014-01-01 2015-12-31
lateef P 2014-01-01 2015-12-31
vontobel P 2014-01-01 2015-12-31
lsv P 2014-01-01 2015-12-31
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 42,641,574   36,864,565 5,777,009
b 956,759     956,759
c 17,082     17,082
d     22,658 -22,658
e 155,733     155,733
35,355     35,355
    108,256 -108,256
    53,195 -53,195
    32,593 -32,593
286,118     286,118
418,399     418,399
212,000     212,000
165,477     165,477
309,018     309,018
119,086     119,086
26,663     26,663
36,447     36,447
    50,453 -50,453
87,123     87,123
    54,679 -54,679
191,366     191,366
571     571
35,384     35,384
1,110,460     1,110,460
2,303,665     2,303,665
167,104     167,104
140,326     140,326
543,750     543,750
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       5,777,009
b       956,759
c       17,082
d       -22,658
e       155,733
      35,355
      -108,256
      -53,195
      -32,593
      286,118
      418,399
      212,000
      165,477
      309,018
      119,086
      26,663
      36,447
      -50,453
      87,123
      -54,679
      191,366
      571
      35,384
      1,110,460
      2,303,665
      167,104
      140,326
      543,750
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 12,773,061
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 11,740,885 232,905,145 0.050411
2013 9,352,311 205,427,452 0.045526
2012 8,911,164 179,769,077 0.049570
2011 8,562,687 179,159,451 0.047794
2010 8,073,993 152,095,666 0.053085
2
Total of line 1, column (d) .....................
20.246386
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
0.049277
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
238,807,837
5
Multiply line 4 by line 3......................
5
11,767,734
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
150,522
7
Add lines 5 and 6........................
7
11,918,256
8
Enter qualifying distributions from Part XII, line 4.............
8
10,883,269
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 1 301,043
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........................... 3 301,043
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- ..... 5 301,043
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 403,478
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.............. 7 403,478
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 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 10 102,435
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet102,435 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. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletn/a
    14
    The books are in care ofbulletPacific Foundation Services LLC Telephone no.bullet (415) 561-6540

    Located atbullet1660 Bush Street Suite 300San FranciscoCA ZIP+4bullet94109
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DAVID FILO PRESIDENT & DIRECTOR
    1.00     		0 0 0
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    ANGELA FILO CFO & SECRETARY
    1.00     		0 0 0
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    GOLDMAN SACHS INVESTMENT MANAGER 1,374,845
    555 CALIFORNIA STREET 44TH FLOOR
    SAN FRANCISCO,CA94104
    PACIFIC FOUNDATION SERVICES LLC CONSULTANT 285,018
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    234,605,009
    b
    Average of monthly cash balances.......................
    1b
    7,839,496
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    242,444,505
    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
    242,444,505
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    3,636,668
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    238,807,837
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    11,940,392
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    11,940,392
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    301,043
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
    1,776
    c
    Add lines 2a and 2b............................
    2c
    302,819
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    11,637,573
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    11,637,573
    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
    11,637,573
    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
    10,883,269
    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
    10,883,269
    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
    10,883,269
    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 11,637,573
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014...... 285,493
    fTotal of lines 3a through e........ 285,493
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 10,883,269
    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..... 10,883,269
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 285,493 285,493
    (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 ..........     		468,811
    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
    350org
    20 Jay Street Ste 1010
    Brooklyn,NY11201     		    General Support 50,000
    826 National
    44 Gough Ste 206
    San Francisco,CA94122     		    Campaign for Growth + General Operating Support 90,000
    American Civil Liberties Union Foundation Inc
    125 Broad Street 18th Floor
    New York,NY10004     		    General Support for Six Audacious Goals 3,900,000
    Berkeley Student Cooperative Inc
    2424 Ridge Road 121 North Gate Hall
    5860
    Berkeley,CA94709     		    Scholarship Fund 5,000
    Blossom Birth Services
    299 S California Avenue Ste 120
    Palo Alto,CA94306     		    General Support 15,000
    Boys & Girls Clubs of the Peninsula
    401 Pierce Road
    Menlo Park,CA94025     		    Boys & Girls Clubs of the Peninsulas (BGCP) Expanded Learning Time Programs at School Sites 100,000
    Breakthrough Silicon Valley
    C/o Hoover Middle School 1635 Park
    Avenue
    San Jose,CA95126     		    Breakthrough Silicon Valley Expansion 40,000
    Calcasieu Area Habitat for Humanity
    3551 Avenue C
    Lake Charles,LA70615     		    General Support 50,000
    Californians for Justice Education Fund
    520 3rd Street Ste 204
    Oakland,CA94607     		    Empowering youth to change policies, practices, and perceptions in their schools 40,000
    Canopy
    3921 East Bayshore Road
    Palo Alto,CA94303     		    Growing The Canopy Fundraising Campaign 25,000
    Canopy
    3921 East Bayshore Road
    Palo Alto,CA94303     		    General Support 20,000
    College Track
    111 Broadway Ste 101
    Oakland,CA94607     		    College Track East Palo Alto + National Infrastructure Needs 50,000
    Community Health Awareness Council
    590 W El Camino Real
    Mountain View,CA94040     		    General Support 25,000
    DonorsChooseorg
    134 West 37th Street
    New York,NY10018     		    High School Journalism 50,000
    Eastside College Preparatory School
    1041 Myrtle Street
    East Palo Alto,CA94303     		    General Support 200,000
    Eastside College Preparatory School
    1041 Myrtle Street
    East Palo Alto,CA94303     		    2015 Journalism Trip 14,000
    Environmental Defense Fund Incorporated
    257 Park Avenue South
    New York,NY10010     		    General Support 1,000,000
    For-Site Foundation
    49 Geary Street Ste 205
    San Francisco,CA94108     		    Dinner @Large 4,500
    Foundation for a College Education
    PO Box 50518
    East Palo Alto,CA94303     		    General Support 25,000
    Friends of the Palo Alto Junior Museum and Zoo
    1451 Middlefield Road
    Palo Alto,CA94301     		    General Support 20,000
    Global Fund for Women Inc
    800 Market Street Seventh Floor
    San Francisco,CA94102     		    General support 400,000
    Global Fund for Women Inc
    800 Market Street Seventh Floor
    San Francisco,CA94102     		    General Support 100,000
    iMentor
    30 Broad Street 9th floor
    New York,NY10004     		    Growth Capital 600,000
    Journalism Education Association
    Kansas State University 103 Kedzie
    Hall
    Manhattan,KS66506     		    JEA Mentor Program Stipend Support 50,375
    Kara
    457 Kingsley Avenue
    Palo Alto,CA94301     		    General Support 5,000
    Stanford Univerisity
    450 Serra Mall Wallenberg Hall Room
    231 MC 2063
    Palo Alto,CA94305     		    GSE Alumni Excellence in Education Award 21,600
    Lucile Packard Foundation For Children's Health
    400 Hamilton Avenue Ste 340
    Palo Alto,CA94301     		    California Maternal Quality Care Collaborative (CMQCC) General Support 75,000
    Ms Foundation for Women Inc
    12 MetroTech Center 26
    Brooklyn,NY11201     		    General Support 5,000
    New Teacher Center
    110 Cooper Street 5th Floor
    Santa Cruz,CA95060     		    Growth Capital Campaign 250,000
    New Teacher Center
    110 Cooper Street 5th Floor
    Santa Cruz,CA95060     		    General Support 200,000
    Oakland Institute
    4173 MacArthur Blvd Suite 3-5
    Oakland,CA95619     		    General Support 7,500
    Occidental Arts and Ecology Center
    15290 Coleman Valley Road
    Occidental,CA95465     		    General Support 10,000
    Opportunity Fund Northern California
    111 West St John Street Ste 800
    San Jose,CA95113     		    General Support 5,000
    Pacific Business Group on Health
    575 Market Street Ste 600
    San Francisco,CA94105     		    Feasibility Study: Promote Access and Use of Midwifery Services 35,000
    Peace Development Fund (Insight-Out)
    PO Box 888
    Woodacre,CA94973     		    General Support for Insight-Out 25,000
    Peace Development Fund (Insight-Out)
    PO Box 888
    Woodacre,CA94973     		    General Support for Insight-Out 5,000
    Peninsula Bridge
    PO Box 963
    Menlo Park,CA94026     		    General Support 25,000
    Pie Ranch
    PO Box 363
    Pescadero,CA94060     		    General Support 5,000
    Planned Parenthood Mar Monte Inc
    1691 The Alameda
    San Jose,CA95126     		    General Support 5,000
    PRO Publica Inc
    155 Avenue of the Americas 13th
    Floor
    New York,NY10013     		    General Support 300,000
    Puente de la Costa Sur
    PO Box 554
    Pescadero,CA94060     		    General Support 30,000
    Quest Scholars Program
    115 Everett Ave
    Palo Alto,CA94301     		    Quest for Excellence - STEM/Big Ocean 125,000
    San Francisco Botanical Garden Society at Strybing Arboretum
    1199 Ninth Avenue
    San Francisco,CA94122     		    General Support 7,500
    Seeds of Africa Foundation
    601 W 26th Street Ste 325-47
    New York,NY10001     		    General Support 9,000
    St Francis Center of Redwood City
    151 Buckingham Avenue
    Redwood City,CA94063     		    General Support 50,000
    St John the Evangelist Episcopal Church (Mission Dharma)
    1661 15th Street
    San Francisco,CA94103     		    General Support for Mission Dharma 1,000
    Stanford Schools Corporation - East Palo Alto Academy
    485 Lasuen Mall
    Stanford,CA94305     		    General Support 60,000
    Stanford University
    PO Box 20466
    Stanford,CA94309     		    The Stanford Fund 250,000
    Stanford University -Graduate School of Education
    PO Box 20466
    Stanford,CA94309     		    Dean's Fund 50,000
    Stanford University
    PO Box 20466
    Stanford,CA94309     		    Center for Compassion and Altruism Research and Education 5,000
    Stanford University (Bing Nursery School)
    Stanford University 850 Escondido
    Road
    Stanford,CA94305     		    50th Anniversary Campaign for Bing Nursery School 50,000
    Stanford University
    562 Salvatierra Walk
    Stanford,CA94305     		    Cardinal Service Endowment for Haas Center for Public Service 500,000
    Student Press Law Center
    1608 Rhode Island Ave NW Suite 211
    Washington,DC20036     		    General Support 100,000
    The Bdote Learning Center
    3216 E 29th Street
    Minneapolis,MN55406     		    General Support 25,000
    The Energy Foundation
    301 Battery Street
    th Floor San Francis,CA94111     		    General Support 500,000
    The Sierra Club Foundation
    85 2nd Street Second Floor
    San Francisco,CA94105     		    Beyond Coal Campaig and California My Generation Campaign 750,000
    UC Berkeley Foundation
    University of California Berkeley
    121 North Gate Hall 5860
    Berkeley,CA94720     		    UC Berkeley Graduate School of Journalism General Support 200,000
    Yuma Community Food Bank
    2404 E 24th Street
    Yuma,AZ85365     		    General Support 50,000
    Total .................................bullet 3a 10,615,475
    bApproved for future payment
    Californians for Justice Education Fund
    520 3rd Street Ste 204
    Oakland,CA94607     		    general support 40,000
    Canopy
    3921 East Bayshore Road
    Palo Alto,CA94303     		    Growing The Canopy fundraising campaign 25,000
    Canopy
    3921 East Bayshore Road
    Palo Alto,CA94303     		    Growing The Canopy fundraising campaign 25,000
    Eastside College Preparatory School
    1041 Myrtle Street
    East Palo Alto,CA94303     		    General Support 200,000
    The Energy Foundation
    301 Battery Street
    San Francisco,CA94111     		    General Support 500,000
    Stanford University
    450 Serra Mall Wallenberg Hall Room
    231 MC 2063
    Palo Alto,CA94305     		    GSE Alumni Excellence in Education Award 21,600
    Stanford University
    450 Serra Mall Wallenberg Hall Room
    231 MC 2063
    Palo Alto,CA94305     		    GSE Alumni Excellence in Education Award 21,600
    PRO Publica Inc
    155 Avenue of the Americas
    New York,NY10013     		    General Support 300,000
    Puente de la Costa Sur
    PO Box 554
    Pescadero,CA94060     		    General Support 30,000
    Quest Scholars Program
    115 Everett Avenue
    Palo Alto,CA94301     		    Quest for Excellence - STEM/Big Ocean 125,000
    Stanford University (Bing Nursery School)
    Stanford University 850 Escondido
    Road
    Stanford,CA94305     		    50th Anniversary Campaign 50,000
    Stanford University (Haas Center for Public Service)
    562 Salvatierra Walk
    Stanford,CA94305     		    Cardinal Service Endowment for the Haas Center for Public Service 500,000
    Total .................................bullet 3b 1,838,200
    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 ...........     		    14 816  
    4 Dividends and interest from securities....     14 2,516,345  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 6,320,759  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aother income     		    14 3,937  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 8,841,857 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    138,841,857
    (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:
    Yellow Chair Foundation
    EIN:
    94-3380194
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 29,830 14,915   14,915

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    Yellow Chair Foundation
    EIN:
    94-3380194
    Name of Stock End of Year Book Value End of Year Fair Market Value
    QUOTED MARKET 154,930,192 154,930,192

    TY 2015 InvestmentsOtherSchedule2
    Name:
    Yellow Chair Foundation
    EIN:
    94-3380194
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    alternative investments FMV 65,135,192 65,135,192

    TY 2015 OtherAssetsSchedule
    Name:
    Yellow Chair Foundation
    EIN:
    94-3380194
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    unsettled trades   58,526 58,526


    TY 2015 OtherDecreasesSchedule
    Name:
    Yellow Chair Foundation
    EIN:
    94-3380194
    Description Amount
    UNREALIZED loss ON INVESTMENTS 10,748,440


    TY 2015 OtherExpensesSchedule
    Name:
    Yellow Chair Foundation
    EIN:
    94-3380194
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 8,602 430   8,172
    MEMBERSHIP DUES 80 4   76
    OFFICE EXPENSE -1,031 -1,031   0
    Miscellaneous -4,547 -4,547   0


    TY 2015 OtherIncomeSchedule2
    Name:
    Yellow Chair Foundation
    EIN:
    94-3380194
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    other income 3,937 3,937 3,937


    TY 2015 OtherIncreasesSchedule
    Name:
    Yellow Chair Foundation
    EIN:
    94-3380194
    Description Amount
    DEFERRED EXCISE TAX 591,000


    TY 2015 OtherLiabilitiesSchedule
    Name:
    Yellow Chair Foundation
    EIN:
    94-3380194
    Description Beginning of Year - Book Value End of Year - Book Value
    deferred tax liability 968,000 377,000
    unsettled stock liability 331,626 0
    UBIT payable 0 2,897


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    Yellow Chair Foundation
    EIN:
    94-3380194
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOUNDATION ADMINISTRATION 285,018 42,753   242,265
    MANAGEMENT FEES 1,374,845 1,374,845   0
    OTHER 3,938 3,938   0


    TY 2015 SubstantialContributorsSch
    Name:
    Yellow Chair Foundation
    EIN:
    94-3380194
    Name Address
    david filo 1660 bush street suite 300
    san francisco,CA94109
    angela filo 1660 bush street suite 300
    san francisco,CA94109


    TY 2015 TaxesSchedule
    Name:
    Yellow Chair Foundation
    EIN:
    94-3380194
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER TAXES 503 0   0
    EXCISE TAX EXPENSE 300,952 0   0
    ubit 4,673 0   0