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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
The Louis & Harold Price Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)10250 Constellation Blvd Suite 2600
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Los Angeles, CA90067
A Employer identification number

13-6121358
B Telephone number (see instructions)

(213) 330-8571
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... 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$78,298,649J 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.............
3 Interest on savings and temporary cash investments 180,872 95,685  
4 Dividends and interest from securities... 1,437,137 1,437,137  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,303,212
b Gross sales price for all assets on line 6a 11,467,635
7 Capital gain net income (from Part IV, line 2)... 1,303,212
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... Click to see attachment 93,635 0 0
12 Total. Add lines 1 through 11........ 3,014,856 2,836,034 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 0 0 0 0
b Accounting fees (attach schedule)....... Click to see attachment 4,650 465 0 4,185
c Other professional fees (attach schedule).... Click to see attachment 482,595 273,180 0 209,414
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 350,249 52,712 0 0
19 Depreciation (attach schedule) and depletion... Click to see attachment 731 731 0
20 Occupancy..............        
21 Travel, conferences, and meetings....... 30,054 3,005   27,049
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 295,384 283,047 0 12,337
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,163,663 613,140 0 252,985
25 Contributions, gifts, grants paid....... 3,299,280 3,299,280
26 Total expenses and disbursements. Add lines 24 and 25 4,462,943 613,140 0 3,552,265
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,448,087
b Net investment income (if negative, enter -0-) 2,222,894
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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............. 10,787 6,058 6,058
2 Savings and temporary cash investments......... 667,927 1,606,733 1,606,733
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   0 0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet   0 0 0
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) bullet0
Less: allowance for doubtful accounts bullet0 0 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 5,476,340 Click to see attachment3,585,894 3,616,212
b Investments—corporate stock (attach schedule)....... 48,419,145 Click to see attachment51,147,409 48,004,734
c Investments—corporate bonds (attach schedule)....... 3,143,569 Click to see attachment1,950,746 1,921,397
11 Investments—land, buildings, and equipment: basis bullet0
Less: accumulated depreciation (attach schedule) bullet0 0 Click to see attachment0 0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 19,372,889 Click to see attachment17,338,633 23,138,323
14 Land, buildings, and equipment: basis bullet5,192
Less: accumulated depreciation (attach schedule) bullet0 0 Click to see attachment5,192 5,192
15 Other assets (describe bullet) Click to see attachment242 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 77,090,899 75,640,665 78,298,649
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue................. 0  
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 0 0
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here 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 77,090,899 75,640,665
30 Total net assets or fund balances (see instructions)..... 77,090,899 75,640,665
31 Total liabilities and net assets/fund balances (see instructions). 77,090,899 75,640,665
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
77,090,899
2
Enter amount from Part I, line 27a .....................
2
-1,448,087
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
731
4
Add lines 1, 2, and 3 ..........................
4
75,643,543
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,878
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
75,640,665
Form 990-PF (2018)
Form 990-PF (2018)
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 Sale of Publicly Traded Securities P    
b
c
d
e
(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 12,890,118   11,586,906 1,303,212
b
c
d
e
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     0 1,303,212
b
c
d
e
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 1,303,212
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 0
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))
2017 4,007,979 78,214,415 0.051243
2016 3,961,044 74,680,308 0.053040
2015 3,934,882 79,468,844 0.049515
2014 3,864,052 83,153,452 0.046469
2013 4,053,537 79,054,895 0.051275
2
Total of line 1, column (d) .....................
2
0.251542
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.050308
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
81,252,122
5
Multiply line 4 by line 3......................
5
4,087,632
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
22,229
7
Add lines 5 and 6........................
7
4,109,861
8
Enter qualifying distributions from Part XII, line 4,.............
8
3,552,265
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 (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 44,458
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  
3 Add lines 1 and 2........................... 3 44,458
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 44,458
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 29,170
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 56,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 85,170
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
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 40,712
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet40,712 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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)
    bulletNY
    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 2018 or the taxable year beginning in 2018? See the 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 (2018)
    Form 990-PF (2018)
    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.PRICEFOUNDATION.ORG
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (732) 694-5630

    Located atbullet100 Woodbridge Center DriveWoodbridgeNJ ZIP+4bullet070951191
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. 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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    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:
    Yes
    No
    (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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    GEORGE ASCH TRUSTEE
    1.000     		0 0 0
    10250 CONSTELLATION BLVD
    LOS ANGELES,CA90067
    BONNIE VITTI PRESIDENT & TRUSTEE
    2.000     		0 0 12,285
    10250 CONSTELLATION BLVD
    LOS ANGELES,CA90067
    AL OSBORNE JR PHD TRUSTEE
    1.000     		0 0 0
    10250 CONSTELLATION BLVD
    LOS ANGELES,CA90067
    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
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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
    Bessemer Trust Investment Advisory Services 296,321
    100 Woodbridge Center Drive
    Woodbridge,NJ070951191
    Sanderson Asset Management Inc Investment Advisory 77,939
    250 South Wacker Drive
    Suite 220
    Chicago,IL60606
    Cecilia Solorzano Administrative Support 51,744
    700 Calle de Arboles
    Redondo Beach,CA90277
    Total number of others receiving over $50,000 for professional services.............bullet  
    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 (2018)
    Form 990-PF (2018)
    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
    57,795,919
    b
    Average of monthly cash balances.......................
    1b
    1,550,027
    c
    Fair market value of all other assets (see instructions)................
    1c
    23,143,518
    d
    Total (add lines 1a, b, and c).........................
    1d
    82,489,464
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    82,489,464
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,237,342
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    81,252,122
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,062,606
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    4,062,606
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    44,458
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    44,458
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,018,148
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    4,018,148
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    4,018,148
    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
    3,552,265
    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
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    3,552,265
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,552,265
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 4,018,148
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 3,207,185
    b Total for prior years:2016, 2015, 2014 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 0
    b From 2014...... 0
    c From 2015...... 0
    d From 2016...... 0
    e From 2017...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 3,552,265
    a Applied to 2017, but not more than line 2a 3,207,185
    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 2018 distributable amount..... 345,080
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018.   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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		3,673,068
    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
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014.... 0
    b Excess from 2015.... 0
    c Excess from 2016.... 0
    d Excess from 2017.... 0
    e Excess from 2018.... 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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 foundation 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 (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    A Home Within
    2255 Van Ness Suite 203
    San Francisco,CA94109     		NONE PC General Operating Support 20,000
    Adat Ari El Labowe Family Day School
    1202 Burbank Blvd
    Valley Village,CA916072198     		NONE PC General Operating Support 5,000
    AIDS Project Los Angeles
    611 South Kingsley Drive
    Los Angeles,CA90005     		NONE PC General Operating Support 1,000
    American Corporation of the Arts
    6233 Hollywood Blvd
    Hollywood,CA90028     		NONE PC General Operating Support 10,880
    American Foundation for AIDS Research
    120 Wall Street 13th Floor
    New York,NY10005     		NONE PC General Operating Support 5,000
    American Friends of Shaare Zedek Medical Center
    P O BOX 3235
    Jerusalem   91031
    IS     		NONE PC General Operating Support 5,000
    American Jewish World Service
    10495 Santa Monica Blvd
    Los Angeles,CA90025     		NONE PC General Support/Humanitarian Crisis in Africa 20,000
    Anti-Defamation League Pacific Southwest (Los Angeles)
    10495 Santa Monica Blvd
    Los Angeles,CO90025     		NONE PC General Operating Support 10,000
    Aspen Hall of Fame
    P O Box 510
    Aspen,CO81612     		NONE PC General Operating Support 2,000
    Aspen Historical Society
    620 W Bleeker Street
    Aspen,CO81611     		NONE PC Operating Expenses/ Ute Traveling Exhibit 5,000
    Aspen Homeless Shelter
    405 Castle Creek Road Suite 16
    Aspen,CO81611     		NONE PC General Operating Support 10,000
    Aspen Music Festival and School
    225 Music School Road
    Aspen,CO81611     		NONE PC General Operating Support 31,600
    Aspen Music Festival and School
    225 Music School Road
    Aspen,CO81611     		NONE PC Additional Support 13,500
    Aspen Valley Ski and Snowboard Club
    300 AVSC Drive
    Aspen,CO81611     		NONE PC SnoWarrior Skier Scholarships 10,000
    Aspen Youth Center
    PO Box 8266
    Aspen,CO81612     		NONE PC After School Clubs 10,000
    Avenues to Independence
    515 Busse Highway Suite 100
    Park Ridge,IL60068     		NONE PC General Operating Support 50,000
    Bessie's Hope
    PO Box 12675
    Denver,CO80212     		NONE PC General Operating Support 5,000
    Temple Beth Hillel
    12326 Riversisde Drive
    Valley Village,CA91607     		NONE PC (Temple Check) General Operating Support 50,000
    Beth Hillel Day School
    12326 Riversisde Drive
    Valley Village,CA91607     		NONE PC General Operating Support 20,000
    Bishop Garcia Diego High School
    4000 La Colina Road
    Santa Barbara,CA93110     		NONE PC Scholarship 5,000
    Bishop Garcia Diego High School
    4000 La Colina Road
    Santa Barbara,CA93110     		NONE PC Tuitions Financial Aid 17,000
    Bridging Bionics Foundation
    PO Box 3767
    Basalt,CO81621     		NONE PC General Operating Support 50,000
    Buddy Program Inc (The)
    110 East Hallam Street Ste 125
    Aspen,CO81611     		NONE PC General Operating Support 50,000
    California State University Chico
    400 W First Street
    Chico,CA959290001     		NONE PC SAGE Support for Entrepreneurial Teens across the USA 15,000
    Carnegie Hall Corporation (formerly Carnegie Hall Society Inc)
    881 Seventh Avenue
    New York,NY10019     		NONE PC General Operating Support 5,000
    CASA of Jefferson and Gilpin Counties
    100 Jefferson County Parkway 2040
    Golden,CO80401     		NONE PC General Operating Support 5,000
    Cedars-Sinai Medical Center
    8700 Beverly Blvd
    Los Angeles,CA900480750     		NONE PC General Support 20,000
    Cedars-Sinai Medical Center
    8700 Beverly Blvd
    Los Angeles,CA900480750     		NONE PC PRCC Cardiac/Electrophysiology Program 20,000
    Center Theater Group
    601 W Temple Street
    Los Angeles,CA90012     		NONE PC 50th Anniversary Capital Campaign 200,000
    Children's Aid Society
    711 Third Avenue Ste 700
    New York,NY10017     		NONE PC General Operating Support 2,000
    Columbia University
    535 West 116th Street
    New York,NY10027     		NONE PC General Operating Support 5,000
    Cystic Fibrosis Canada
    2323 Yonge Street Suite 800
    Toronto,OntarioM4P2C9
    CA     		NONE PC Vancouver BC Chapter of Cystic Fibrosis Canada 5,000
    de Toledo High School
    22622 Vanowen Street
    West Hills,CA91307     		NONE PC General Operating Support 50,000
    de Toledo High School
    22622 Vanowen Street
    West Hills,CA91307     		NONE PC Tuition Assistance 5,000
    Denver Children's Advocacy Center
    2149 Federal Blvd
    Denver,CO80211     		NONE PC General Operating Support 15,000
    Denver Rescue Mission
    P O Box 5206
    Denver,CO802175206     		NONE PC STAR Transitional & Youth Development 25,000
    Disability Law Colorado
    455 Sherman Street Ste 130
    Denver,CO80203     		NONE PC General Operating Support 5,000
    Downtown Women's Center
    422 S San Pedro
    Los Angeles,CA90013     		NONE PC General Operating Support 5,000
    Duke University
    324 Blackwell Street
    Durham,NC27701     		NONE PC General Operating Support 10,000
    Education Pioneers
    386 Fore Street Suite 304
    Portland,ME04101     		NONE PC General Operating Support 10,000
    English in Action
    P O Box 4856
    Basalt,CO81621     		NONE PC General Operating Support 10,000
    Ethical Culture Fieldston School
    33 Central Park West
    New York,NY10023     		NONE PC ECF Annual Fund 5,000
    Exceptional Children's Foundation
    8740 West Washington Blvd
    Culver City,CA90232     		NONE PC The Early Start Program 10,000
    Exponent Philanthropy
    1720 N Street NW
    Washington,DC20036     		NONE PC 2017 Membership Dues 2,000
    Food Bank for NYC
    39 Broadway 10th Floor
    New York,NY10006     		NONE PC General Operating Support 20,000
    Food Bank of the Rockies
    10700 E 45th Avenue
    Denver,CO80239     		NONE PC General Operating Support 10,000
    Fresh Start Surgical Gifts
    2011 Palomar Airport Road Ste 206
    Carlsbad,CA92011     		NONE PC Surgical Weekend Program 20,000
    Garry Marshall Theatre
    4252 W Riverside Drive
    Burbank,CA91505     		NONE PC Inaugural Gala 15,000
    Grandparents As Parents
    22048 Sherman Way Suite 217
    Canoga Park,CA91303     		NONE PC General Operating Support 10,000
    Henry Street Settlement
    265 Kenry Street
    New York,NY10002     		NONE PC Boys and Girls Republic 2,500
    Hope House of Colorado
    P O Box 740568
    Arvada,CO80006     		NONE PC GED Program 10,000
    I Have A Dream Foundation of Boulder County
    5390 Manhattan Circle 200
    Boulder,CO80303     		NONE PC La Vista Dreamer Class 5,000
    Independent Pass Foundation
    P O Box 1700
    Aspen,CO81612     		NONE PC General Operating Support 6,000
    Jewish Big Brothers Big Sisters of Los Angeles
    6505 Wilshire Blvd Suite 600
    Los Angeles,CA90048     		NONE PC Camp Max Straus 1,000
    Jewish Big Brothers Big Sisters of Los Angeles
    6505 Wilshire Blvd Suite 600
    Los Angeles,CA90048     		NONE PC Kibbutz Bob Waldorf Teen Camp 10,000
    Jewish Foundation for the Righteous
    80 Main Street Suite 380
    West Orange,NJ07052     		NONE PC General Operating Support 40,000
    Laradon
    5100 Lincoln Street
    Denver,CO80216     		NONE PC Individual Employment Program 10,000
    Leo Baeck Temple
    1300 North Sepulveda Blvd
    Los Angeles,CA90049     		NONE PC General Operating Support 25,000
    Leo Baeck Temple
    1300 North Sepulveda Blvd
    Los Angeles,CA90049     		NONE PC Harold Price Memorial 1,000
    Leo Baeck Temple
    1300 North Sepulveda Blvd
    Los Angeles,CA90049     		NONE PC Heroes and Angels Tribute 3,000
    Leo Baeck Temple
    1300 North Sepulveda Blvd
    Los Angeles,CA90049     		NONE PC Kadima! Capital Campaign 100,000
    Leo Baeck Temple
    1300 North Sepulveda Blvd
    Los Angeles,CA90049     		NONE PC Pauline Price Memorial 1,000
    Lincoln Center for the Performing Arts Inc
    70 Lincoln Center Plaza 9th Floor
    New York,NY10023     		NONE PC General Operating Support 5,000
    Los Angeles County Museum of Art
    5905 Wilshire Blvd
    Los Angeles,CA90036     		NONE PC Art Programs with the Community: LACMA On-Site 10,000
    Los Angeles Jewish Home for the Aging
    7150 Tampa Avenue
    Reseda,CA91335     		NONE PC General Operating Support 10,000
    Los Angeles Opera
    135 N Grand Avenue
    Los Angeles,CA90012     		NONE PC LA Opera's Education and Senior Programs 25,000
    Los Angeles Regional Foodbank
    1734 East 41st Street
    Los Angeles,CA90058     		NONE PC General Operating Support 10,000
    Meals on Wheels of West Los Angeles
    P O Box 241576
    Los Angeles,CA90024     		NONE PC General Operating Support 9,000
    Mountain Rescue Aspen Inc
    37925 Highway 82
    Aspen,CO81611     		NONE PC General Operating Support 1,000
    Music Center (of Los Angeles County)
    135 N Grand Avenue
    Los Angeles,CA90012     		NONE PC Founders Room 800
    Music Center (of Los Angeles County)
    135 N Grand Avenue
    Los Angeles,CA90012     		NONE PC General Operating Support/A Osborne 2,500
    Music Center (of Los Angeles County)
    135 N Grand Avenue
    Los Angeles,CA90012     		NONE PC The Music Center Arts Education Programs 10,000
    National Center for Family Philanthropy
    1667 K Street NW Suite 550
    Washington,DC20006     		NONE PC Annual Contribution 2,500
    Natural Resources Defense Council
    40 West 20th Street 11th Floor
    New York,NY10011     		NONE PC General Operating Support 50,000
    New York Historical Society
    170 Central Park West at Richard Gi
    lder Way
    New York,NY10024     		NONE PC General Operating Support 5,000
    New York Presbyterian Fund Inc
    525 East 68th Street Box 123
    New York,NY10065     		NONE PC NYP/WC 10,000
    Northwell Health Foundation
    2000 Marcus Avenue
    New Hyde Park,NY11042     		NONE PC Lenox Hill 5,000
    Oakwood School
    11600 Magnolia Blvd
    North Hollywood,CA91601     		NONE PC Bridge Capital Campaign 200,000
    Oakwood School
    11600 Magnolia Blvd
    North Hollywood,CA91601     		NONE PC Oakwood School's Annual Fund 50,000
    PATH (formerly Beyond Shelter)
    340 N Madison Ave
    Los Angeles,CA90004     		NONE PC Family Connections 10,000
    PAWS LA
    2121 S Flower Street
    Los Angeles,CA90007     		NONE PC General Operating Support 2,000
    Pitkin County Library (Friends of the Library)
    120 N Mill Street
    Aspen,CO81611     		NONE PC General Operating Support 3,000
    Planned Parenthood Federation of America
    123 William Street 10th Floor
    New York,NY10038     		NONE PC General Operating Support 10,000
    Planned Parenthood of the Rocky Mountains
    7155 E 38th Avenue
    Denver,CO80207     		NONE PC Glenwood Springs Health Center 5,000
    Population Connection
    2120 L St NW Suite 500
    Washington,DC20037     		NONE PC General Operating Support 10,000
    Project Dignity
    651 N Rose Drive D115
    Placentia,CA92870     		NONE PC General Operating Support 5,000
    RESPONSE Help for Battered Women
    P O Box 1340
    Aspen,CO81612     		NONE PC General Operating Support 10,000
    Riviera Hall Lutheran School
    330 Palos Verdes Blvd
    Redondo Beach,CA90277     		NONE PC General Operating Support 20,000
    Roaring Fork Public Radio Translator Inc
    110 E Hallam Suite 134
    Aspen,CO81611     		NONE PC General Operating Support 5,000
    Rocky Mountain PBS KRMA Channel 6
    1089 Bannock Street
    Denver,CO80204     		NONE PC General Operating Support 5,000
    Rocky Mountain Youth Clinics
    9197 Grant Street Suite 100
    Thornton,CO80229     		NONE PC General Operating Support 10,000
    Saban Community Clinic
    8405 Beverly Blvd
    Los Angeles,CA90048     		NONE PC General Operating Support 20,000
    Sacramento FoodBank and Family Services
    3333 Thrid Avenue
    Sacramento,CA95817     		NONE PC General Operating Support 20,000
    SafeHouse Denver
    1649 Downing Street
    Denver,CO80218     		NONE PC General Operating Support 15,000
    School on Wheels
    P O Box 23371
    Ventura,CA93002     		NONE PC General Operating Support 25,000
    Sea Shepherd Australia Limited
    2 Ann Street P O Box 1215
    Williamstown   3016
    AS     		NONE PC General Operating Support 30,000
    Shining Stars Foundation
    P O Box 730
    Tabernash,CO80478     		NONE PC Pediatric Cancer Family Wellness Program-Sibling Care 5,000
    Solomon R Guggenheim Foundation
    1071 Fifth Avenue
    New York,NY10128     		NONE PC General Operating Support 5,000
    Southern Poverty Law Center Inc
    400 Washington Avenue
    Montgomery,AL36104     		NONE PC General Operating Support 50,000
    St Joseph Center
    204 Hampton Drive
    Venice,CA90291     		NONE PC General Support 10,000
    Teach For America Los Angeles
    606 S Olive Street Suite 300
    Los Angeles,CA90014     		NONE PC General Operating Support 10,000
    The ISEF Foundation
    520 8th Avenue 4th Floor
    New York,NY10018     		NONE PC Medical and Biosciences Research Fellowships 50,000
    The Jewish Federation of Greater Los Angeles
    6505 Wilshire Blvd Suite 1100
    Los Angeles,CA90048     		NONE PC General Support, Reform Jewish Day Schools, Special Cont. World Jewish Needs 225,000
    The People Concern (formerly OPCC)
    2116 Arlington Avenue Suite 100
    Los Angeles,CA90018     		NONE PC Sojourn - A Project of OPCC 10,000
    The Salvation Army
    180 East Ocean Blvd Suite 500
    Long Beach,CA90805     		NONE PC General Operating Support 10,000
    The Smile Train
    633 Third Avenue 9th Floor
    New York,NY10017     		NONE PC General Operating Support 5,000
    The UCLA Foundation
    236 East 104 Street
    New York,NY10029     		NONE PC General Operating Support 260,000
    The UCLA Foundation
    110 Westwood Plaza Suite F405
    Los Angeles,CA900951481     		NONE PC Research in Novel Spinal Nuromodulation Treatment for Spinal Cord Injury 600,000
    The UCLA Foundation
    110 Westwood Plaza Suite F405
    Los Angeles,CA900951481     		NONE PC Entrepreneurship BootCamp for Veterans with Disabilities 10,000
    The UCLA Foundation
    110 Westwood Plaza Suite C305 Entre
    preneurs Hall
    Los Angeles,CA900951481     		NONE PC Annual John Wooden Athletic Fund 12,500
    The UCLA Foundation
    110 Westwood Plaza Suite F405
    Los Angeles,CA900951481     		NONE PC Marion Anderson Hall Building Project 10,000
    The UCLA Foundation
    110 Westwood Plaza Suite F405
    Los Angeles,CA900951481     		NONE PC UCLA Annual Anderson Alumni Golf Tournament 5,000
    University of California Los Angeles
    110 Westwood Plaza Suite F405
    Los Angeles,CA900951481     		NONE PC Entrepreneurship BootCamp for Veterans 25,000
    University of California Los Angeles
    111 Westwood Plaza Suite F405
    Los Angeles,CA900951481     		NONE PC Fellowship Support 21,300
    Regents of the University of Colorado
    1800 Grant Street 8th Floor
    Denver,CO80203     		NONE PC General Support 100,000
    University of Colorado College of Music Aspen Music Festival Partnership
    Campus Box 419
    Boulder,CO803090301     		NONE PC Aspen Music Festival Partnership 40,000
    University of Colorado Guardian Scholars
    2249 Willard Loop Drive Suite N460
    UCB 59
    Boulder,CO80309     		NONE PC Guardian Scholars Scholarship Support 20,000
    Urban Peak
    730 21st Street
    Denver,CO80205     		NONE PC General Operating Support 10,000
    Visiting Nurse Association and Hospice of Southern Calif
    150 West First Street Ste 270
    Claremont,CA91711     		NONE PC General Operating Support 10,000
    Volunteers of America Colorado Branch Meals on Wheels Denver
    2660 Larimer Street
    Denver,CO80205     		NONE PC Meals on Wheels Program 10,000
    Workshop In Business Opportunities
    22 Cortlandt Street 16th Floor
    New York,CA10006     		NONE PC General Operating Support 50,000
    Total .................................bullet 3a 3,299,080
    bApproved for future payment
    Bishop Garcia Diego High School
    4000 La Colina Road
    Santa Barbara,CA93110     		NONE PC Tuition Financial Aid 34,000
    University of California Los Angeles
    10945 Le Conte Ave Suite 3132
    Los Angeles,CA90095     		NONE PC Research in Novel Spinal Neuromodulation Treatment for Spinal Cord Injury 2,400,000
    Total .................................bullet 3b 2,434,000
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 ...........     		    14 180,872  
    4 Dividends and interest from securities....     14 1,437,137  
    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..... 900099 93,635      
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,303,212  
    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).. 93,635 2,921,221 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,014,856
    (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 (2018)
    Form 990-PF (2018)
    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) (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) (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 (2018)
    Additional Data


    Software ID: 18007697
    Software Version: 2018v3.1


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting Fees 4,650 465   4,185

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 DepreciationSchedule
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    Computer 2018-04-18 5,192   SL 5.0 731 731    

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    OTHER    
    CHARLES SCHWAB CORP/THE MAT 10MAR18 1.5% 0 0
    Bb&t Corporation Fr MAT 15JAN20 2.45% 0 0
    J P MORGAN CHASE CO MAT 23SEP22 3.25% 110,140 107,782
    US BANCORP MAT 11SEP24 3.6% 0 0
    BERKSHIRE HATHAWAY INC MAT 15MAR23 2.75% 0 0
    HOME DEPOT INC/THE MAT 01APR21 2% 0 0
    MICROSOFT CORP MAT 03NOV20 2% 40,433 39,694
    TORONTO- DOMINION BANK/THE MAT 02JUL19 2.125% 0 0
    ABBVIE INC 115,584 114,267
    AMERICAN HONDA FINANCE 64,964 64,665
    CA INC 66,673 66,128
    CITIGROUP INC 116,500 110,539
    DISCOVERY COMMUNICATIONS 0 0
    GOLDMAN SACHS GRP INC FRN 57,367 55,761
    INTL LEASE FINANCE CORP 62,557 61,155
    NORTHROP GRUMMAN CORP 0 0
    OMNICOM GROUP INC 118,225 112,076
    STARBUCKS CORP 114,907 113,356
    TOYOTA MOTOR CREDIT CORP 115,123 115,504
    TYSON FOODS INC 114,217 112,281
    US BANCORP 0 0
    VMWARE INC 0 0
    BP CAPITAL MARKETS PLC 75,618 72,124
    TORONTO-DOMINION BANK 0 0
    AMERICAN INTL GROUP 109,550 110,700
    BANK OF AMERICA CORP 60,230 58,276
    ELECTRONIC ARTS INC 90,270 89,122
    GENERAL DYNAMICS CORP 79,451 80,505
    GOLDMAN SACHS GROUP INC 60,144 57,876
    MORGAN STANLEY 114,863 113,837
    PORTLAND GENERAL ELECTRIC 50,823 51,110
    SEMPRA ENERGY 107,989 108,897
    BANK OF MONTREAL 44,790 45,278
    SCHLUMBERGER INVESTMENT 60,328 60,464

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    OTHER    
    ISHARES TR S&P MIDCAP 400 5,871,160 5,372,330
    ISHARES TR S&P 500 INDEX 28,106,505 27,497,401
    ISHARES EDGE MSCI MIN VOL 2,390,888 2,357,596
    SCHWAB INTERNATIONAL EQUITY 4,933,054 4,128,327
    VANGUARD FTSE ALL 3,773,940 3,237,146
    VANGUARD FTSE EMER MKT ETF 4,751,374 4,188,451
    ISHARES S&P SM CAP 600 INDEX 1,320,488 1,223,483

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Software ID:
    18007697
    Software Version:
    2018v3.1
    US Government Securities - End of Year Book Value:

    3,585,894
    US Government Securities - End of Year Fair Market Value:

    3,616,212
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2018 InvestmentsLandSchedule2
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND     0  
    BUILDINGS     0  
    LEASEHOLD IMPROVEMENTS     0  
    Other     0  

    TY 2018 InvestmentsOtherSchedule2
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
      FMV    
    CARLYLE REALTY PARTNERS VII, LP FMV 434,202 598,263
    COMMONFUND CAPITAL INT'L PRIVATE EQUITY FMV 269,822 337,487
    COMMONFUND PRIVATE EQUITY PARTNERS VII FMV 347,967 1,212,876
    COMMONFUND NAT. RES. VII FMV 310,997 496,295
    COMMONFUND NAT RES. VIII FMV 1,737,343 1,945,942
    LANDMARK EQUITY PARTNERS XV FMV 388,544 364,373
    LEGACY VENTURE FMV 750,923 1,149,194
    PARK STREET CAP NAT RES FUND V FMV 757,731 650,804
    SANDERSON INTERNATIONAL VALUE FUND FMV 7,256,517 6,756,147
    WELSH CARSON ANDERSON & STOWE XII FMV 1,041,705 1,733,755
    CANYON VALUE REALIZATION FUND FMV 1,036,123 1,222,449
    ELLIOTT INTERNATIONAL LIMITED FMV 1,590,909 5,303,712
    ETON PARK OVERSEAS FUND FMV 153,697 7,867
    VALINOR CAPITAL PARTNERS OFFSHORE FMV 1,060,077 1,179,792
    GEM REALTY FUND VI, LP FMV 55,275 55,275
    OHA STRATEGIC CREDIT FUND II FMV 108,782 87,571
    WCAS XII-ASTRO LP FMV 38,019 36,521

    TY 2018 LandEtcSchedule2
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND     0  
    BUILDINGS     0  
    LEASEHOLD IMPROVEMENTS     0  
    EQUIPMENT 5,192   5,192 5,192
    Other     0  


    TY 2018 OtherAssetsSchedule
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INVESTMENT RECEIVABLE 242 0 0


    TY 2018 OtherDecreasesSchedule
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Description Amount
    Book/Tax Differences on Pass-through Entities 2,878


    TY 2018 OtherExpensesSchedule
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 1,551 1,551    
    COMPUTER SUPPLIES 2,742 274   2,468
    DUES AND MEMBERSHIPS 3,000 300   2,700
    MISCELLANEOUS 82 5   77
    OFFICE SUPPLIES 2,588 259   2,329
    POSTAGE 46 5   41
    K-1: Charity 190 190    
    K-1: Investment Interest Expense 23,474 23,474    
    K-1: Other Deductions 226,133 226,133    
    K-1: 179 Expense 191 191    
    Cell Phone 1,392 139   1,253
    Entertainment 1,159     1,159
    Storage 1,590 159   1,431
    Subscriptions 99 10   89
    Website Renewal 670     670
    Charity 120     120
    K-1: Portfolio 2% Deductions 8,627 8,627    
    Other Expenses 21,730 21,730    


    TY 2018 OtherIncomeSchedule2
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Pass-through Income 93,635    


    TY 2018 OtherIncreasesSchedule
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Description Amount
    Book/Tax Differences on Depreciation of Fixed Assets 731


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Online Grants Management 3,250     3,250
    Family Office Services 126,042 12,604   113,438
    Investment Management Fees 250,274 250,274    
    Administrative Support 51,744 5,174   46,570
    Other Professional Fees 51,285 5,128   46,156


    TY 2018 TaxesSchedule
    Name:
    The Louis & Harold Price Foundation
    EIN:
    13-6121358
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX WITHHELD ON FOREIGN DIV 31,519 31,519    
    INVESTMENT EXCISE TAX 288,000      
    Tax Withheld on K-1 Foreign Income 21,193 21,193    
    State Taxes Paid 9,537