Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
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
GARY AND MARY WEST FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)505 LOMAS SANTA FE DRIVE SUITE 230
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SOLANA BEACH, CA92075
A Employer identification number

47-0793015
B Telephone number (see instructions)

(858) 369-3160
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$140,115,924J 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) 228
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 6,961,794 6,961,794  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 434,610
b Gross sales price for all assets on line 6a 12,757,906
7 Capital gain net income (from Part IV, line 2)... 434,610
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 656,689 656,689  
12 Total. Add lines 1 through 11........ 8,053,321 8,053,093  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 508,950 71,000   471,546
14 Other employee salaries and wages...... 638,463 177,700   462,117
15 Pension plans, employee benefits....... 148,872 28,142   102,889
16a Legal fees (attach schedule)......... Click to see attachment 89,316 56,601   31,399
b Accounting fees (attach schedule)....... Click to see attachment 38,406 30,725   7,681
c Other professional fees (attach schedule).... Click to see attachment 1,674,222 727,310   1,018,170
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 197,787 12,730   45,541
19 Depreciation (attach schedule) and depletion... 168,640 42,160  
20 Occupancy.............. 139,287 34,822   118,444
21 Travel, conferences, and meetings....... 156,300 12,969   132,431
22 Printing and publications.......... 7,601 1,900   6,374
23 Other expenses (attach schedule)....... Click to see attachment 635,486 31,750   643,873
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,403,330 1,227,809   3,040,465
25 Contributions, gifts, grants paid....... 11,455,510 16,067,719
26 Total expenses and disbursements. Add lines 24 and 25 15,858,840 1,227,809   19,108,184
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -7,805,519
b Net investment income (if negative, enter -0-) 6,825,284
c Adjusted net income (if negative, enter -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............. 248,402 357,973 357,973
2 Savings and temporary cash investments......... 47,736,579 30,468,662 30,468,662
3 Accounts receivable bullet340,565
Less: allowance for doubtful accounts bullet   238,336 340,565 340,565
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.......... 72,795 1,159,736 1,159,736
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 81,595,321 Click to see attachment77,077,275 77,077,275
c Investments—corporate bonds (attach schedule)....... 4,026,117 Click to see attachment2,998,091 2,998,091
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 21,611,252 Click to see attachment25,637,867 25,637,867
14 Land, buildings, and equipment: basis bullet941,306
Less: accumulated depreciation (attach schedule) bullet606,639 493,622 Click to see attachment334,667 334,667
15 Other assets (describe bullet) Click to see attachment1,355,666 Click to see attachment1,741,088 Click to see attachment1,741,088
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 157,378,090 140,115,924 140,115,924
Liabilities 17 Accounts payable and accrued expenses.......... 1,821,494 576,981
18 Grants payable................. 4,695,312 1,428,674
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 attachment133,451 Click to see attachment800
23 Total liabilities (add lines 17 through 22)......... 6,650,257 2,006,455
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.................. 150,727,833 138,109,469
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    
30 Total net assets or fund balances (see instructions)..... 150,727,833 138,109,469
31 Total liabilities and net assets/fund balances (see instructions). 157,378,090 140,115,924
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
150,727,833
2
Enter amount from Part I, line 27a .....................
2
-7,805,519
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
142,922,314
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
4,812,845
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
138,109,469
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 ARENA-PLASTIC VENTURES P 2010-09-30 2018-06-30
b ARIAS RESOURCE CAPITAL P 2008-01-14 2018-08-31
c GREAT CIRCLE TERM LOAN P 2015-03-31 2018-05-31
d REDDY ICE CORP TERM LOAN P 2013-09-30 2018-07-31
e WBB TERM LOAN P 2017-11-30 2018-12-31
ELM PARK CREDIT OPP FUND II P 2015-05-28 2018-10-31
ELM PARK CREDIT OPP FUND III P 2018-12-07 2018-12-31
EMERGING EUROPE P 2008-06-13 2018-02-28
ETON PARK OVERSEAS FUND P 2007-08-31 2018-12-31
FORTRESS LIFE SETTLEMENTS P 2011-12-30 2018-02-28
FORTRESS MSR P 2012-12-31 2018-12-31
FURNITURE & EQUIPMENT P   2018-02-08
GLOBAL PARTNERS P 2007-05-03 2018-12-31
GREEN COURT PARTNERS III P 2011-12-30 2018-08-31
GS ANCHORAGE P 2011-12-30 2018-06-30
GS MEZZANINE P 2011-12-30 2018-04-30
GS MIDDLE MARKET LENDING CORP P 2017-07-31 2018-11-30
INVESCO MORTG RECOVERY P 2009-10-31 2018-06-30
KAYNE ANDERSON RE DEBT P 2018-02-28 2018-07-31
MARATHON EUROPEAN CREDIT P 2011-12-30 2018-08-31
OAKTREE RE DEBT FUND CAYMAN P 2014-07-31 2018-12-31
OAKTREE RE DEBT II FEED CAYMAN P 2017-05-31 2018-03-31
OHA EUROPEAN SCF OFFSHORE P 2011-12-30 2018-07-31
OHA SCF PARALLEL P 2008-10-15 2018-09-30
PUBLICLY TRADED SECURITIES      
SCG ATLAS P 2015-12-28 2018-10-31
STARWOOD OPPORTUNITY FUND X P 2015-10-31 2018-06-30
SUMMIT WATER DEVELOPMENT P 2008-04-30 2018-12-31
TACONIC SIDECAR OFFSHORE III P 2017-02-28 2018-11-30
VIRGO-WALNUT P 2010-12-01 2018-03-31
XPV WATER FUND P 2011-12-30 2018-12-31
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a     1,220,120 -1,220,120
b 319,016   212,607 106,409
c 992,669   992,669 0
d 500,000   500,000 0
e 5,875   5,875 0
29,008   29,008 0
10,916   10,916 0
47,947   38,122 9,825
140,891   140,891 0
    2,260 -2,260
106,356   105,573 783
70 3,160 5,790 -2,560
1,600,846   2,354,843 -753,997
140,191     140,191
4,242   16,055 -11,813
79,310   41,734 37,576
64,128   64,128 0
30,255   30,255 0
431,963   431,963 0
117,825   69,847 47,978
116,178   116,178 0
27,559   27,559 0
108,787   108,787 0
24,646     24,646
7,182,394   5,263,878 1,918,516
201,476   166,069 35,407
222,221   222,221 0
70,711   144,330 -73,619
180,019     180,019
    2,371 -2,371
2,407   2,407 0
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       -1,220,120
b       106,409
c       0
d       0
e       0
      0
      0
      9,825
      0
      -2,260
      783
      -2,560
      -753,997
      140,191
      -11,813
      37,576
      0
      0
      0
      47,978
      0
      0
      0
      24,646
      1,918,516
      35,407
      0
      -73,619
      180,019
      -2,371
      0
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 2 434,610
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))
2017 11,725,472 153,244,653 0.076515
2016 14,755,876 124,845,664 0.118193
2015 10,169,809 127,289,606 0.079895
2014 26,675,168 144,477,442 0.184632
2013 19,876,702 157,746,902 0.126004
2
Total of line 1, column (d) .....................
2
0.585239
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
0.117048
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
149,575,032
5
Multiply line 4 by line 3......................
5
17,507,458
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
68,253
7
Add lines 5 and 6........................
7
17,575,711
8
Enter qualifying distributions from Part XII, line 4,.............
8
19,108,184
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 68,253
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 68,253
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 68,253
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 213,555
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 213,555
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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 10 145,302
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet145,302 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
Yes
 
If "Yes," attach a detailed description of the activities.Click to see attachment
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 changesClick to see attachment....
3
Yes
 
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA, NE
    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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.GMWF.ORG
    14
    The books are in care ofbulletSHELLEY LYFORD Telephone no.bullet (858) 369-3160

    Located atbullet505 LOMAS SANTA FE DRIVE 230SOLANA BEACHCA ZIP+4bullet92075
    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
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 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
     
    No
    .........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). Click to see attachment
    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
    GARY L WEST CO-CHAIRMAN
    2.00     		0 0 0
    505 LOMAS SANTA FE DRIVE SUITE 230
    SOLANA BEACH,CA92075
    MARY E WEST CO-CHAIRMAN
    2.00     		0 0 0
    505 LOMAS SANTA FE DRIVE SUITE 230
    SOLANA BEACH,CA92075
    ROLAND J SANTONI TERM 41218 MANAGING DIRECTOR
    2.00     		0 0 0
    505 LOMAS SANTA FE DRIVE SUITE 230
    SOLANA BEACH,CA92075
    SHELLEY LYFORD PRESIDENT, CEO, & TREASURER
    20.00     		284,000 17,224 0
    505 LOMAS SANTA FE DRIVE SUITE 230
    SOLANA BEACH,CA92075
    DENNIS M O'BRIEN TERM 41218 DIRECTOR & SECRETARY
    2.00     		0 0 0
    505 LOMAS SANTA FE DRIVE SUITE 230
    SOLANA BEACH,CA92075
    MARC HARPER DIRECTOR
    2.00     		0 0 0
    505 LOMAS SANTA FE DRIVE SUITE 230
    SOLANA BEACH,CA92075
    TIM LASH EXECUTIVE VICE PRESIDENT
    20.00     		173,700 11,385 0
    505 LOMAS SANTA FE DRIVE SUITE 230
    SOLANA BEACH,CA92075
    DR ZIA AGHA CHIEF MEDICAL OFFICER
    8.00     		51,250 0 0
    505 LOMAS SANTA FE DRIVE SUITE 230
    SOLANA BEACH,CA92075
    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
    JOHN LITTLE DIRECTOR OF FINANCE
    35.00     		173,600 27,583 0
    505 LOMAS SANTA FE DRIVE SUITE 230
    SOLANA BEACH,CA92075
    LINDSAY GOLDSMITH SENIOR ACCOUNTANT
    40.00     		123,200 13,673 0
    505 LOMAS SANTA FE DRIVE SUITE 230
    SOLANA BEACH,CA92075
    VYAN NGUYEN PROGRAM OFFICER
    30.00     		115,500 10,658 0
    505 LOMAS SANTA FE DRIVE SUITE 230
    SOLANA BEACH,CA92075
    LEXY HARSHMAN OPERATIONS MANAGER
    40.00     		95,350 16,291 0
    505 LOMAS SANTA FE DRIVE SUITE 230
    SOLANA BEACH,CA92075
    BRENDA SCHMITTHENNER PROGRAM OFFICER
    20.00     		89,100 20,767 0
    505 LOMAS SANTA FE DRIVE SUITE 230
    SOLANA BEACH,CA92075
    Total number of other employees paid over $50,000...................bullet 0
    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
    WEST MANAGEMENT COMPANY INC ADVOCACY AND ADMINISTRATION 678,226
    5800 ARMADA DRIVE SUITE 100
    CARLSBAD,CA92008
    WEST FAMILY INVESTMENTS INC INVESTMENT MANAGEMENT 524,768
    1603 ORRINGTON SUITE 810
    EVANSTON,IL60201
    PCE CONSULTING LLC ACUTE CARE ADVOCACY 297,600
    5500 PRESTON ROAD SUITE 250
    DALLAS,TX75205
    COMMUNICATION PARTNERS & ASSOCIATES LLC ADVOCACY AND MEDIA OUTREACH 108,673
    250 GREENWICH ST SUITE 4620
    NY,NY10007
    HASSON LAW GROUP LLP LEGAL SERVICES 102,148
    3379 PEACHTREE ROAD SUITE 625
    ATLANTA,GA30326
    Total number of others receiving over $50,000 for professional services.............bullet3
    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 A MULTI-DIMENSIONAL RESEARCH PROJECT TO: 1) CREATE A MODEL FOR CARE COORDINATION AT A LOW-INCOME SENIOR WELLNESS CENTER BETWEEN VARIOUS CO-LOCATED NON-PROFIT ORGANIZATIONS AND PRIMARY CARE PHYSICIANS; 2) USE THE COORDINATED SYSTEM TO RESEARCH IMPACT OF PARTICIPATING SERVICES ON THE HEALTH OUTCOMES OF SENIORS, 3) POTENTIALLY USE FINDINGS TO REPLICATE SIMILAR SERVICE MODELS IN OTHER COMMUNITIES. 93,900
    2 ADVOCATE FOR HEALTH CARE INTERESTS OF OLDER ADULTS THROUGH OUTREACH TO MEDIA, POLICY MAKERS AND EXECUTIVES IN HEALTH CARE AND INSURANCE. IN PARTICULAR, GUIDE RESEARCH AND ADVOCACY TO IMPLEMENT TELEHEALTH IN SENIOR COMMUNITIES AND REDUCE UNNECESSARY EMERGENCY DEPARTMENT TRANSFERS. ADVOCACY AND RESEARCH IS CONDUCTED WITH THE GOAL OF BETTER CARE, WHEN NEEDED, AT LOWER COSTS TO THE PAYOR. 356,133
    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
    105,526,605
    b
    Average of monthly cash balances.......................
    1b
    43,457,981
    c
    Fair market value of all other assets (see instructions)................
    1c
    2,868,238
    d
    Total (add lines 1a, b, and c).........................
    1d
    151,852,824
    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
    151,852,824
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,277,792
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    149,575,032
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    7,478,752
    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
    7,478,752
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    68,253
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    68,253
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    7,410,499
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    81,518
    5
    Add lines 3 and 4............................
    5
    7,492,017
    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
    7,492,017
    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
    19,108,184
    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
    19,108,184
    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
    68,253
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    19,039,931
    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 7,492,017
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 12,115,073
    b From 2014...... 19,573,324
    c From 2015...... 3,946,700
    d From 2016...... 8,651,201
    e From 2017...... 4,448,144
    fTotal of lines 3a through e........ 48,734,442
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 19,108,184
    a Applied to 2017, 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 2018 distributable amount..... 7,492,017
    e Remaining amount distributed out of corpus 11,616,167
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 60,350,609
    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 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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		12,115,073
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		48,235,536
    10 Analysis of line 9:
    a Excess from 2014.... 19,573,324
    b Excess from 2015.... 3,946,700
    c Excess from 2016.... 8,651,201
    d Excess from 2017.... 4,448,144
    e Excess from 2018.... 11,616,167
    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).)
    GARY L WEST
    MARY E WEST
    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.
    GARY L WEST
    MARY E WEST
    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
    AMERICAN SOCIETY ON AGING
    575 MARKET STREET SUITE 2100
    SAN FRANCISCO,CA941052869     		NONE PC TO SUPPORT BROAD DISSEMINATION OF RESOURCES AND EDUCATIONAL MATERIALS TO IMPROVE THE BUSINESS ACUMEN OF NON-PROFIT ORGANIZATIONS THAT SERVE OLDER ADULTS. 15,000
    AMERICAN SOCIETY ON AGING
    575 MARKET STREET SUITE 2100
    SAN FRANCISCO,CA941052869     		NONE PC TO SUPPORT PUBLICATION OF HEALTHCARE COST THEMED ISSUE OF GENERATIONS JOURNAL SUPPLEMENT. 56,985
    CALIFORNIA STATE UNIVERSITY SAN MARCOS FOUNDATION
    333 SOUTH TWIN OAKS VALLEY ROAD
    SAN MARCOS,CA920260001     		NONE PC TO SUPPORT RESEARCH SEED GRANTS IN THE FIELD OF PALLIATIVE CARE. 50,000
    CENTER FOR ORAL HEALTH
    309 EAST 2ND STREET
    POMONA,CA91766     		NONE PC TO SUPPORT DISSEMINATION OF ORAL HEALTH REPORT ON SENIORS. 75,000
    CHALLENGE CENTER
    5540 LAKE PARK WAY
    LA MESA,CA91942     		NONE PC TO SUPPORT EXTENDED PHYSICAL THERAPY AND HEALTH AND WELLNESS PROGRAMS FOR SENIORS. 75,000
    CHALLENGE CENTER
    5540 LAKE PARK WAY
    LA MESA,CA91942     		NONE PC TO SUPPORT FUNDRAISING EFFORTS FOR EXTENDED PHYSICAL THERAPY AND HEALTH AND WELLNESS PROGRAMS FOR SENIORS. 10,000
    CIVICA RX
    2912 EXECUTIVE PARKWAY SUITE 325
    LEHI,UT84043     		NONE NC TO PROMOTE SOCIAL WELFARE BY MAKING ESSENTIAL GENERIC DRUGS BROADLY AVAILABLE TO INDIVIDUALS SERVICED BY CIVICA RX'S MEMBER HOSPITALS, INCLUDING HIGH-NEEDS POPULATIONS. 1,000,000
    CREIGHTON UNIVERSITY
    PO BOX 30282
    OMAHA,NE68103     		NONE PC TO SUPPORT A COMMUNITY-BASED PROGRAM TO PROVIDE ORAL HEALTH SERVICES TO SENIORS. 25,000
    ELDERHELP OF SAN DIEGO
    3860 CALLE FORTUNADA SUITE 101
    SAN DIEGO,CA92123     		NONE PC TO SUPPORT TRANSITION TO ONE SINGULAR, INTEGRATED IT PLATFORM. 25,000
    FRANCISCAN TERTIARY PROVINCE OF THE SACRED HEART
    1801 35TH STREET
    OAK BROOK,IL60523     		NONE PC TO SUPPORT LOW-INCOME SENIORS WITH DENTAL SERVICES. 5,000
    GARY AND MARY WEST HEALTH INSTITUTE
    10350 NORTH TORREY PINES ROAD
    LA JOLLA,CA92037     		NONE PC TO SUPPORT 2018 HEALTHCARE COSTS INNOVATION SUMMIT FOCUSED ON THE COST CRISIS. 750,000
    GARY AND MARY WEST HEALTH INSTITUTE
    10350 NORTH TORREY PINES ROAD
    LA JOLLA,CA92037     		NONE PC TO SUPPORT THE HCIDC 2019: A HEALTHCARE COSTS INNOVATION SUMMIT TO DRIVE CHANGE. 750,000
    GARY AND MARY WEST HEALTH POLICY CENTER INC
    1909 K ST NW SUITE 730
    WASHINGTON,DC20006     		NONE POF TO SUPPORT AND DEVELOP INNOVATIVE HEALTHCARE DELIVERY MODELS AND ALTERNATIVE PAYMENT MODELS TO IMPROVE CARE AND ACCESS FOR SENIORS. 5,400,000
    GARY AND MARY WEST SENIOR DENTAL CENTER INC
    1525 4TH AVENUE
    SAN DIEGO,CA92101     		NONE PC TO SUPPORT PROVIDING ORAL HEALTHCARE FOR PACE AND COMMUNITY SENIORS IN AN INTEGRATED, COMMUNITY-BASED MODEL. 500,000
    GARY AND MARY WEST SENIOR DENTAL CENTER INC
    1525 4TH AVENUE
    SAN DIEGO,CA92101     		NONE PC CHALLENGE GRANT TO SUPPORT ORAL HEALTHCARE SERVICES FOR SENIORS. 79,110
    GARY AND MARY WEST SENIOR DENTAL CENTER INC
    1525 4TH AVENUE
    SAN DIEGO,CA92101     		NONE PC TO SUPPORT ORAL HEALTHCARE FOR LOW-INCOME SENIORS THROUGH AN INTEGRATED, COMMUNITY-BASED MODEL. 577,304
    GARY AND MARY WEST SENIOR SERVICES INC
    1706 DESCANSO AVENUE
    SAN MARCOS,CA92078     		NONE PC TO SUPPORT THE LAUNCH OF THE GARY & MARY WEST PACE CENTER IN NORTH SAN DIEGO COUNTY. 3,850,000
    GENERATIONS UNITED INC
    25 EAST STREET NW 3RD FLOOR
    WASHINGTON,DC20001     		NONE PC TO SUPPORT GENERAL OPERATIONS TO PROMOTE HIGH-QUALITY INTERGENERATIONAL PROGRAMS. 10,000
    GRANTMAKERS IN AGING
    2001 JEFFERSON DAVIS HIGHWAY SUITE
    504
    ARLINGTON,VA22202     		NONE PC TO SUPPORT ONGOING WORK TO STRENGTHEN GRANTMAKING FOR AN AGING SOCIETY. 7,500
    GRANTMAKERS IN AGING
    2001 JEFFERSON DAVIS HIGHWAY SUITE
    504
    ARLINGTON,VA22202     		NONE PC TO SUPPORT THE 2018 GRANTMAKERS IN AGING ANNUAL CONFERENCE. 25,000
    GRANTMAKERS IN HEALTH
    1100 CONNECTICUT AVENUE NW SUITE
    1200
    WASHINGTON,DC200364110     		NONE PC TO SUPPORT PROGRAMMING ON THE IMPORTANT TOPICS OF PALLIATIVE, SERIOUS ILLNESS, AND END-OF-LIFE CARE. 12,500
    GRANTMAKERS IN HEALTH
    1100 CONNECTICUT AVENUE NW SUITE
    1200
    WASHINGTON,DC200364110     		NONE PC TO SUPPORT GENERAL OPERATIONS. 11,500
    HOSPICE AND PALLIATIVE NURSES FOUNDATION
    ONE PENN CENTER WEST SUITE 425
    PITTSBURGH,PA15276     		NONE SO I TO SUPPORT THE NATIONAL CONSENSUS PROJECT FOR QUALITY PALLIATIVE CARE SYSTEMATIC REVIEW. 75,000
    ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
    55 W 125TH ST SUITE 1302
    NEW YORK,NY10027     		NONE PC TO SUPPORT TRAINING OF CLINICIANS AND AWARENESS OF PATIENTS AND CAREGIVERS IN PALLIATIVE CARE. 250,000
    INTERCULTURAL SENIOR CENTER
    3010 R STREET
    OMAHA,NE68107     		NONE PC TO SUPPORT THE CAPITAL CAMPAIGN FOR THE INTERCULTURAL SENIOR CENTER. 200,000
    INTERCULTURAL SENIOR CENTER
    3010 R STREET
    OMAHA,NE68107     		NONE PC TO SUPPORT SOCIAL SERVICES FOR SENIORS. 50,000
    INTERFAITH COMMUNITY SERVICES INC
    550 WEST WASHINGTON AVENUE SUITE B
    ESCONDIDO,CA92025     		NONE PC TO SUPPORT CARE COORDINATION AND NUTRITION SERVICES FOR SENIORS. 37,500
    INTERFAITH COMMUNITY SERVICES INC
    550 WEST WASHINGTON AVENUE SUITE B
    ESCONDIDO,CA92025     		NONE PC TO SUPPORT CARE COORDINATION AND NUTRITION SERVICES FOR SENIORS. 50,000
    JEWISH FAMILY SERVICE OF SAN DIEGO
    8804 BALBOA AVENUE
    SAN DIEGO,CA921231506     		NONE PC TO SUPPORT MEAL DELIVERY FOR SENIORS. 12,500
    JUSTICE IN AGING
    1444 EYE STREET NW NO 1100
    WASHINGTON,DC20005     		NONE PC TO SUPPORT GENERAL OPERATIONS TO FIGHT SENIOR POVERTY. 5,000
    LEGAL AID SOCIETY OF SAN DIEGO INC
    110 SOUTH EUCLID AVENUE
    SAN DIEGO,CA92114     		NONE PC TO SUPPORT HEALTH ADVOCACY AND EDUCATION FOR SENIORS. 209,000
    MEALS ON WHEELS AMERICA
    1550 CRYSTAL DRIVE NO 1004
    ARLINGTON,VA22202     		NONE PC TO SUPPORT A COMPREHENSIVE HEALTHCARE DATA INFRASTRUCTURE FOR MEAL DELIVERY PROGRAMS FOR LOW-INCOME SENIORS. 112,500
    MEALS-ON-WHEELS GREATER SAN DIEGO
    2254 SAN DIEGO AVENUE SUITE 200
    SAN DIEGO,CA92110     		NONE PC TO SUPPORT WRAP-AROUND MONITORING AND CARE NAVIGATION SERVICES FOR SENIORS. 28,000
    MERRYMAKERS ASSOCIATION
    12020 SHAMROCK PLAZA SUITE 200
    OMAHA,NE68154     		NONE PC TO SUPPORT MUSICAL PERFORMANCES FOR SENIOR RESIDENTS. 15,000
    NATIONAL ACADEMY OF SCIENCES
    500 FIFTH STREET NW KECK 1057
    WASHINGTON,DC20001     		NONE PC TO SUPPORT THE CREATION OF A GLOBAL ROADMAP FOR HEALTHY LONGEVITY. 25,000
    NATIONAL FOUNDATION OF DENTISTRY FOR THE HANDICAPPED
    1800 15TH STREET SUITE 100
    DENVER,CO80202     		NONE PC TO SUPPORT ORAL HEALTH TREATMENT SERVICES FOR LOW-INCOME SENIORS. 24,800
    NOTRE DAME HOUSING INC
    3439 STATE STREET
    OMAHA,NE68112     		NONE PC TO SUPPORT FUNDRAISING FOR SENIOR HOUSING PROGRAMS. 1,230
    NOTRE DAME HOUSING INC
    3439 STATE STREET
    OMAHA,NE68112     		NONE PC TO SUPPORT THE NORTRE DAME HOUSING CAPITAL CAMPAIGN. 20,000
    OMAHA COMMUNITY FOUNDATION
    3555 FARNAM STREET SUITE 222
    OMAHA,NE68131     		NONE PC TO SUPPORT DONOR ADVISED FUND. 500,000
    OMAHA COMMUNITY FOUNDATION
    3555 FARNAM STREET SUITE 222
    OMAHA,NE68131     		NONE PC TO SUPPORT GENERAL GRANTMAKING. 54,750
    OUTLOOK NEBRASKA INC
    4125 S 72ND STREET
    OMAHA,NE68127     		NONE PC TO SUPPORT ADAPTIVE TECHNOLOGY TRAINING FOR SENIORS WITH VISION LOSS. 19,342
    OUTLOOK NEBRASKA INC
    4125 S 72ND STREET
    OMAHA,NE68127     		NONE PC TO SUPPORT THE ADAPTIVE TECHNOLOGY PROGRAM FOR VISUALLY-IMPAIRED SENIORS. 30,000
    PROJECT HOUSEWORKS
    2316 SOUTH 24TH STREET
    OMAHA,NE68108     		NONE PC TO SUPPORT HOME MODIFICATIONS AND EMERGENCY REPAIRS FOR LOW-INCOME SENIOR HOMEOWNERS. 50,000
    PROJECT HOUSEWORKS
    2316 SOUTH 24TH STREET
    OMAHA,NE68108     		NONE PC TO SUPPORT HOME MODIFICATIONS AND HOME REPAIRS FOR LOW-INCOME SENIOR HOMEOWNERS. 50,000
    SAN DIEGO REGIONAL ECONOMIC DEVELOPMENT FOUNDATION
    530 B STREET 7TH FLOOR
    SAN DIEGO,CA92101     		NONE PC TO SUPPORT ATTRACTING LOCAL WORKFORCE TALENT AND HIGHLIGHT SAN DIEGO'S RESEARCH IN AGING. 25,000
    SAN DIEGO SENIORS COMMUNITY FOUNDATION
    626 TARENTO DRIVE
    SAN DIEGO,CA92106     		NONE PC TO SUPPORT START UP OF SENIOR-FOCUSED FOUNDATION. 50,000
    SERVING SENIORS
    525 14TH STREET SUITE 200
    SAN DIEGO,CA92101     		NONE PC TO SUPPORT GENERAL OPERATIONS OF THE GARY AND MARY WEST SENIOR WELLNESS CENTER. 157,500
    SERVING SENIORS
    525 14TH STREET SUITE 200
    SAN DIEGO,CA92101     		NONE PC TO SUPPORT INTEGRATED CARE COORDINATION FOR SENIOR WELLNESS AND DENTAL SERVICES. 128,694
    SERVING SENIORS
    525 14TH STREET SUITE 200
    SAN DIEGO,CA92101     		NONE PC TO SUPPORT GENERAL OPERATIONS FOR THE GARY AND MARY WEST SENIOR WELLNESS CENTER. 152,913
    SERVING SENIORS
    525 14TH STREET SUITE 200
    SAN DIEGO,CA92101     		NONE PC CHALLENGE GRANT TO SUPPORT THE GARY AND MARY WEST SENIOR WELLNESS CENTER OPERATIONS. 50,000
    SERVING SENIORS
    525 14TH STREET SUITE 200
    SAN DIEGO,CA92101     		NONE PC TO SUPPORT INTEGRATED DENTAL AND WELLNESS CARE COORDINATION. 123,841
    UNIVERSITY OF CALIFORNIA SAN FRANCISCO
    220 MONTGOMERY STREET FIFTH FLOOR
    SAN FRANCISCO,CA94104     		NONE PC TO SUPPORT THE EMERGING LEADERS IN AGING PROGRAM. 50,000
    UNIVERSITY OF MASSACHUSETTS
    100 MORRISSEY BOULEVARD
    BOSTON,MA02125     		NONE PC TO SUPPORT BUILDING SUSTAINABILITY FOR THE ELDER ECONOMIC SECURITY STANDARD INDEX. 10,000
    UNIVERSITY OF ROCHESTER
    265 CRITTENDEN BOULEVARD CU 420694
    ROCHESTER,NY14642     		NONE PC TO SUPPORT THE D.HEALTH SUMMIT AND THE ADOPTION OF TECHNOLOGY-ENABLED SOLUTIONS TO IMPROVE THE HEATLH OF AGING AMERICANS. 150,000
    VOLUNTEERS ASSISTING SENIORS
    1941 SOUTH 42ND STREET SUITE 312
    OMAHA,NE68105     		NONE PC TO SUPPORT ASSISTING SENIORS WITH BENEFITS PROGRAMS. 40,000
    YMCA OF SAN DIEGO COUNTY
    3708 RUFFIN ROAD
    SAN DIEGO,CA92123     		NONE PC TO SUPPORT THE YMCA OF SAN DIEGO COUNTY CAMPAIGN. 250
    Total .................................bullet 3a 16,067,719
    bApproved for future payment
    CHALLENGE CENTER
    5540 LAKE PARK WAY
    LA MESA,CA91942     		NONE PC TO SUPPORT EXTENDED PHYSICAL THERAPY AND HEALTH AND WELLNESS PROGRAMS FOR SENIORS. 37,500
    CIVICA RX
    2912 EXECUTIVE PARKWAY SUITE 325
    LEHI,UT84043     		NONE NC PROGRAM RELATED LOAN COMMITTMENT. 9,000,000
    GARY AND MARY WEST SENIOR DENTAL CENTER INC
    1525 4TH AVENUE
    SAN DIEGO,CA92101     		NONE PC TO SUPPORT PROVIDING ORAL HEALTHCARE FOR PACE AND COMMUNITY SENIORS IN AN INTEGRATED, COMMUNITY-BASED MODEL. 500,000
    INTERCULTURAL SENIOR CENTER
    3010 R STREET
    OMAHA,NE68107     		NONE PC TO SUPPORT SOCIAL SERVICES FOR SENIORS. 25,000
    INTERFAITH COMMUNITY SERVICES INC
    550 WEST WASHINGTON AVENUE SUITE B
    ESCONDIDO,CA92025     		NONE PC TO SUPPORT CARE COORDINATION AND NUTRITION SERVICES FOR SENIORS. 50,000
    LEGAL AID SOCIETY OF SAN DIEGO INC
    110 SOUTH EUCLID AVENUE
    SAN DIEGO,CA92114     		NONE PC TO SUPPORT HEALTH ADVOCACY AND BENEFITS COUNSELING FOR LOW-INCOME SENIORS. 133,000
    MEALS ON WHEELS AMERICA
    1550 CRYSTAL DRIVE NO 1004
    ARLINGTON,VA22202     		NONE PC TO SUPPORT A COMPREHENSIVE HEALTHCARE DATA INFRASTRUCTURE FOR MEAL DELIVERY PROGRAMS FOR LOW-INCOME SENIORS. 112,500
    MEALS-ON-WHEELS GREATER SAN DIEGO
    2254 SAN DIEGO AVENUE SUITE 200
    SAN DIEGO,CA92110     		NONE PC TO SUPPORT WRAP-AROUND MONITORING AND CARE NAVIGATION SERVICES FOR SENIORS. 112,000
    OUTLOOK NEBRASKA INC
    4125 S 72ND STREET
    OMAHA,NE68127     		NONE PC TO SUPPORT THE ADAPTIVE TECHNOLOGY PROGRAM FOR VISUALLY-IMPAIRED SENIORS. 30,000
    PROJECT HOUSEWORKS
    2316 SOUTH 24TH STREET
    OMAHA,NE68108     		NONE PC TO SUPPORT HOME MODIFICATIONS AND HOME REPAIRS FOR LOW-INCOME SENIOR HOMEOWNERS. 50,000
    SAN DIEGO REGIONAL ECONOMIC DEVELOPMENT FOUNDATION
    530 B STREET 7TH FLOOR
    SAN DIEGO,CA92101     		NONE PC TO SUPPORT ATTRACTING LOCAL WORKFORCE TALENT AND HIGHLIGHT SAN DIEGO'S RESEARCH IN AGING. 25,000
    SAN DIEGO SENIORS COMMUNITY FOUNDATION
    626 TARENTO DRIVE
    SAN DIEGO,CA92106     		NONE PC TO SUPPORT START UP OF SENIOR-FOCUSED FOUNDATION. 50,000
    SERVING SENIORS
    525 14TH STREET SUITE 200
    SAN DIEGO,CA92101     		NONE PC TO SUPPORT GENERAL OPERATIONS OF THE GARY AND MARY WEST SENIOR WELLNESS CENTER. 157,500
    SERVING SENIORS
    525 14TH STREET SUITE 200
    SAN DIEGO,CA92101     		NONE PC TO SUPPORT INTEGRATED CARE COORDINATION FOR SENIOR WELLNESS AND DENTAL SERVICES. 128,694
    UNIVERSITY OF CALIFORNIA SAN FRANCISCO
    220 MONTGOMERY STREET FIFTH FLOOR
    SAN FRANCISCO,CA94104     		NONE PC TO SUPPORT THE EMERGING LEADERS IN AGING PROGRAM. 50,000
    VOLUNTEERS ASSISTING SENIORS
    1941 SOUTH 42ND STREET SUITE 312
    OMAHA,NE68105     		NONE PC TO SUPPORT ASSISTING SENIORS WITH BENEFITS PROGRAMS. 20,000
    Total .................................bullet 3b 10,481,194
    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 ...........     		         
    4 Dividends and interest from securities....     14 6,961,794  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 656,689  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 434,610  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 8,053,093 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    8,053,093
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (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)
    Yes
     
    (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
    1a(1) 1,000,000 CIVICA RX EXPENDITURE RESPONSIBILITY GRANT
    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
    CIVICA RX SOCIAL WELFARE ORG A DIRECTOR OF THE FOUNDATION IS ALSO A DIRECTOR OF CIVICA RX.
    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:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    GARY AND MARY WEST FOUNDATION
    EIN:
    47-0793015
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 38,406 30,725   7,681

    TY 2018 ActyNotPreviouslyRptExpln
    Name:
    GARY AND MARY WEST FOUNDATION
    EIN:
    47-0793015
    Explanation:
    THE FOUNDATION MADE ITS FIRST EXPENDITURE RESPONSIBILITY GRANT TO A SOCIAL WELFARE ORGANIZATION IN THE AMOUNT OF $1 MILLIION AND MADE A $9 MILLION LOAN COMMITMENT TO THE SAME ORGANIZATION AS A PROGRAM-RELATED INVESTMENT. ONLY THE GRANT WAS PAID IN 2018. THE GRANT AND GRANTEE ARE DESCRIBED MORE FULLY IN RESPONSE TO NO. 2 OF PART VII-B, LINE 5C, BELOW.

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

    TY 2018 ExpenditureResponsibilityStmt
    Name:
    GARY AND MARY WEST FOUNDATION
    EIN:
    47-0793015
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    GARY AND MARY WEST HEALTH POLICY CENTER INC
          		1909 K STREET NW SUITE 730
    WASHINGTON,DC20006     		2018-01-03 5,400,000 TO SUPPORT THE GARY AND MARY WEST HEALTH POLICY CENTER (THE "POLICY CENTER") IN CARRYING OUT ITS CHARITABLE PURPOSES RELATED TO RESEARCH OBJECTIVES IN THE AREAS OF MEDICARE REFORM AND VALUE-BASED INSURANCE DESIGN. THE AMOUNT EXPENDED BY THE POLICY CENTER IN 2018 WAS $5,078,891. THE AMOUNT DISTRIBUTED BY THE GARY AND MARY WEST FOUNDATION WAS $5,400,000. $321,109 OF FUNDS, IN EXCESS OF EXPENDITURES IN 2018, WAS RETURNED TO THE FOUNDATION IN 2019. SIMILARLY, $81,518 WAS REFUNDED IN 2018 FOR EXCESS DISTRIBUTIONS IN 2017. 5,078,891 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. MIDTERM 07/31/18, FINAL 01/30/19. MONTHLY EXPENSE REPORTS   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE, BEYOND THE RECEIPT AND REVIEW OF THE RECONCILIATION TO THE GRANTEE'S AUDITED FINANCIAL STATEMENTS.
    CIVICA RX
          		2912 EXECUTIVE PARKWAY SUITE 325
    LEHI,UT84043     		2018-09-04 1,000,000 TO PROMOTE SOCIAL WELFARE BY MAKING ESSENTIAL GENERIC DRUGS BROADLY AVAILABLE TO INDIVIDUALS SERVICED BY ITS MEMBER HOSPITALS AND HEALTH SYSTEMS, INCLUDING HIGH-NEEDS POPULATIONS. THIS POPULATION INCLUDES UNINSURED PATIENTS, PATIENTS AT OR BELOW 150% OF POVERTY LEVELS, PATIENTS WITH HIGH HEALTH CARE SPENDING (E.G., TOP 10%), AND IMPOVERISHED OR OTHERWISE VULNERABLE OR DISADVANTAGED PATIENTS SUCH AS THE DISABLED, THE FRAIL ELDERLY, AND THOSE WITH MULTIPLE CHRONIC CONDITIONS. 0 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 01/30/19   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE, BEYOND THE RECEIPT AND REVIEW OF THE GRANTEE'S AUDITED FINANCIAL STATEMENTS.

    TY 2018 GeneralExplanationAttachment
    Name:
    GARY AND MARY WEST FOUNDATION
    EIN:
    47-0793015
    Identifier Return Reference Explanation
      FORM 990-PF; PART VII-B; QUESTION 1A(4) WEST FAMILY INVESTMENTS, INC. PROVIDED INVESTMENT MANAGEMENT SERVICES TO THE GARY AND MARY WEST FOUNDATION DURING 2018 FOR A MARKET BASED FEE. WEST FAMILY INVESTMENTS, INC. IS OWNED BY GARY AND MARY WEST, SUBSTANTIAL CONTRIBUTORS TO THE FOUNDATION AND TWO ADDITIONAL MEMBERS OF THE FOUNDATION. THIS IS EXCEPTED FROM SELF-DEALING BY IRC SECTION 4941(D)(2)(E).WEST DEVELOPMENT, LLC PROVIDED PROFESSIONAL INFORMATION TECHNOLOGY SERVICES TO THE GARY AND MARY WEST FOUNDATION DURING 2018 FOR A MARKET BASED FEE. WEST FAMILY HOLDINGS, LLC IS THE SOLE MEMBER OF WEST DEVELOPMENT, LLC. THE TWO MEMBERS OF WEST FAMILY HOLDINGS, LLC ARE THE GARY L. WEST 2010 REVOCABLE LIVING TRUST AND THE MARY E. WEST 2010 REVOCABLE LIVING TRUST. BOTH MEMBERS OWN 50% OF WEST FAMILY HOLDINGS, LLC. THIS IS EXCEPTED FROM SELF-DEALING BY IRC SECTION 4941(D)(2)(E).
    EXPLANATION PART XV, QUESTION 1B GARY WEST AND MARY WEST COLLECTIVELY OWN 10% OR MORE OF PASSIVE INVESTMENT PARTNERSHIPS.
      FORM 990-PF THE FOUNDATION'S FINANCIAL STATEMENTS ARE PREPARED IN ACCORDANCE WITHACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OFAMERICA (U.S. GAAP). ACCORDINGLY, THE FOUNDATION'S BOOKS ARE ON THEACCRUAL BASIS AND IT RECORDS FIXED-INCOME, EQUITY SECURITIES,DERIVATIVE CONTRACTS, MUTUAL FUNDS, AND ALTERNATIVE INVESTMENTS AT FAIRVALUE IN THE FINANCIAL STATEMENTS AND THE TAX RETURN IN ACCORDANCE WITHFINANCIAL ACCOUNTING STANDARDS BOARD, ASC 820, FAIR VALUE MEASUREMENTS.

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    GARY AND MARY WEST FOUNDATION
    EIN:
    47-0793015
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ELM PARK ADVANTEDGE 716,458 716,458
    MCCLATCHY CO 985,000 985,000
    PVTPL TMX FIN LLC 804,700 804,700
    THORNBURG MORTGAGE INC 11 11
    THORNBURG MORTGAGE INC 47 47
    WBB TERM LOAN 491,875 491,875

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    GARY AND MARY WEST FOUNDATION
    EIN:
    47-0793015
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACACIA MINING CMN 115,430 115,430
    AGNC INVT CORP. COM 459,548 459,548
    ANNALY CAPITAL MANAGEMENT, INC. CMN 2,600,375 2,600,375
    BANCO LATINOAMERICANO EXPORT CMN CLASS E 1,566,048 1,566,048
    BROOKDALE SENIOR LIVING, INC. CMN 1,448,145 1,448,145
    CAUTIVO MINING INC COM 590 590
    CENTURYLINK INC COM 7,654,947 7,654,947
    CHIMERA INVESTMENT CORPORATION CMN 15,325,646 15,325,646
    CISCO SYSTEMS, INC. CMN 4,333,000 4,333,000
    COMCAST CORPORATION CMN CLASS A NON VOTING 4,086,000 4,086,000
    ELLINGTON RESIDENTIAL MORT. REIT CMN 14,660 14,660
    EQUUS TOTAL RETURN INC 65,713 65,713
    EXCHANGE BK SANTA ROSA CALIF CMN 1,116,720 1,116,720
    EXELON CORPORATION CMN 811,800 811,800
    FIDUS INVESTMENT CORPORATION CMN 1,072,067 1,072,067
    FS KKR CAPITAL CORP 1,900,103 1,900,103
    GENERAL ELECTRIC CO. CMN 159,326 159,326
    GENERAL MOTORS COMPANY CMN 633,744 633,744
    GOLDMAN SACHS GROUP, INC. CMN 2,756,325 2,756,325
    GRANITE PT MTG TR INC COM 471,647 471,647
    ISTAR FINANCIAL INC. PFD 7.5% SERIES I 163,540 163,540
    KINDER MORGAN INC CMN CLASS P 43,064 43,064
    LARGO RESOURCES LTD COMMON STOCK 6,008,932 6,008,932
    MAINGATE MLP FUND 833,295 833,295
    MEDLEY CAPITAL CORPORATION CMN 190,472 190,472
    MFA FINANCIAL, INC. CMN 953,991 953,991
    MFC ALPS ETF TR ALERIAN MLP ETF 935,472 935,472
    MLP ENERGY TRANSFER PARTNERS LP 89,973 89,973
    MONDELEZ INTERNATIONAL, INC. CMN 800,600 800,600
    MONROE CAP CORP COM 316,070 316,070
    MOTORS LIQUIDATION COMPANY GUC TRUST 22,915 22,915
    MVC CAPITAL, INC. CLOSED END FUND 1,022,580 1,022,580
    NEW MOUNTAIN FINANCE CORP. CMN 1,009,872 1,009,872
    NSTAR ELEC CO PFD 4.25% 731,250 731,250
    NUSTAR ENERGY LP PFD SER C 302,157 302,157
    OAKTREE SPECIALTY LENDING CORP COM 657,663 657,663
    OAKTREE STRATEGIC INCOME CORP COM 24,265 24,265
    PENNANTPARK FLOATING RATE CAT LTD 1,222,741 1,222,741
    PENNANTPARK INVESTMENT CORP. MUTUAL FUND 1,345,809 1,345,809
    REDDY ICE HOLDINGS, INC. CMN 7,914 7,914
    REDDY ICE HOLDINGS, INC. CONV PFD 21,858 21,858
    REVERSE MORTGAGE INVESTMENT TR INC COM 1,350,000 1,350,000
    SEADRILL LTD 19,061 19,061
    SIERRA METALS, INC. CMN 571,512 571,512
    SOLAR CAPITAL LTD. CMN 2,006,257 2,006,257
    SOLAR SENIOR CAPITAL LTD. CMN 1,450,265 1,450,265
    STARWOOD PROPERTY TRUST INC. CMN 1,429,014 1,429,014
    SUTHERLAND ASSET MANAGEMENT CORPORA COM 363,881 363,881
    SYNCHRONY FINANCIAL CMN 514,877 514,877
    TCG BDC INC COM 288,536 288,536
    TCP CAP CORP 218,798 218,798
    TETRAGON FINANCIAL GROUP LTD. CMN 379,301 379,301
    THL CREDIT INC CMN 669,700 669,700
    TRANSATLANTIC PETROLEUM LTD. CMN 56,959 56,959
    TRANSOCEAN LTD. CMN 115,204 115,204
    TWO HARBORS INVESMENT CORP 2,269,624 2,269,624
    VALE SA ADR 59,355 59,355
    ZIMMER HLDGS, INC. CMN 207,440 207,440
    ZOETIS, INC. CMN CLASS A 1,811,224 1,811,224

    TY 2018 InvestmentsOtherSchedule2
    Name:
    GARY AND MARY WEST FOUNDATION
    EIN:
    47-0793015
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ARIAS RESOURCE CAPITAL FMV 924,733 924,733
    ASIA-PACIFIC CREDIT FMV 374,795 374,795
    BLUE RIVER ARBITRAGE FMV 2,300,506 2,300,506
    DIALECTIC ANTITHESIS OFF FMV 389,673 389,673
    ELM PARK CREDIT III FMV 56,059 56,059
    ELM PARK CREDIT OPP FUND II FMV 609,073 609,073
    EMERGING EUROPE FMV 997,883 997,883
    ETON PARK OVERSEAS FUND FMV 8,951 8,951
    FORTRESS MSR FMV 520,679 520,679
    GCP FUND III REIT & CORP FMV 4,598,993 4,598,993
    GCP FUND IV REIT FMV 837,920 837,920
    GS MEZZANINE FMV 58,085 58,085
    GS MIDDLE MARKET LENDING CORP FMV 1,192,477 1,192,477
    INVESCO MORTG RECOVERY FMV 61,577 61,577
    KAYNE ANDERSON RE DEBT FMV 386,481 386,481
    LARGO RES LTD WARRANT CERT FMV 1,900,597 1,900,597
    MARATHON EUROPEAN CREDIT FMV 84,346 84,346
    OAKTREE RE DEBT FUND CAYMAN FMV 368,675 368,675
    OAKTREE RE DEBT II FEED CAYMAN FMV 158,721 158,721
    OHA EUROPEAN SCF OFFSHORE FMV 196,330 196,330
    OHA SCF PARALLEL FMV 39,178 39,178
    OLEA SPECIAL OPP FMV 711,332 711,332
    PONDFIELD CAPITAL, LLC FMV 2,036,717 2,036,717
    SCG ATLAS FMV 620,373 620,373
    SKELLIG OFFSHORE FMV 47,519 47,519
    STARWOOD OPPORTUNITY FUND FMV 413,476 413,476
    SUMMIT WATER DEVELOPMENT FMV 32,127 32,127
    TACONIC CRE DISLOCATION FMV 307,267 307,267
    TACONIC EUROPEAN FUND II FMV 566,905 566,905
    TACONIC SIDECAR OFFSHORE III FMV 1,753,114 1,753,114
    TAIGA SPECIAL OPP FMV 292,488 292,488
    VCP23 LLC FMV 1,668,272 1,668,272
    VWH OFFSHORE FUND LP FMV 157,942 157,942
    WTS/GENERAL MOTORS COMPANY FMV 4,205 4,205
    XPV WATER FUND AT COST 960,398 960,398

    TY 2018 LandEtcSchedule2
    Name:
    GARY AND MARY WEST FOUNDATION
    EIN:
    47-0793015
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FURNITURE & EQUIPMENT 282,625 199,373 83,252 83,252
    COMPUTER EQUIPMENT 100,667 91,089 9,578 9,578
    LEASEHOLD IMPROVEMENTS 558,014 316,177 241,837 241,837


    TY 2018 LegalFeesSchedule
    Name:
    GARY AND MARY WEST FOUNDATION
    EIN:
    47-0793015
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 89,316 56,601   31,399


    TY 2018 OtherAssetsSchedule
    Name:
    GARY AND MARY WEST FOUNDATION
    EIN:
    47-0793015
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SECURITY DEPOSIT 15,096 15,346 15,346
    INTEREST RECEIVABLE 69,554 131,470 131,470
    DIVIDENDS RECEIVABLE 752,289 845,067 845,067
    PARTNERSHIP DISTRIBUTION RECEIVABLE 218,984 749,205 749,205
    EQUITY TRANSACTIONS RECEIVABLE 299,743 0 0


    TY 2018 OtherDecreasesSchedule
    Name:
    GARY AND MARY WEST FOUNDATION
    EIN:
    47-0793015
    Description Amount
    UNREALIZED LOSS ON INVESTMENTS 4,812,819
    UNREALIZED LOSS ON FOREIGN CURRENCY 26


    TY 2018 OtherExpensesSchedule
    Name:
    GARY AND MARY WEST FOUNDATION
    EIN:
    47-0793015
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GRANTEE PROJECT EXPENSES 460,288 0   479,253
    DUES & SUBSCRIPTIONS 46,089 430   46,859
    COMPUTER EXPENSE 33,649 8,412   25,390
    TELEPHONE 33,173 8,293   26,581
    INSURANCE 28,738 6,229   39,827
    SUPPLIES 11,196 2,799   9,015
    IT SUPPORT 10,413 2,603   7,769
    FEES 7,665 1,916   5,973
    POSTAGE 2,842 710   2,131
    MISCELLANEOUS EXPENSES 1,433 358   1,075


    TY 2018 OtherIncomeSchedule2
    Name:
    GARY AND MARY WEST FOUNDATION
    EIN:
    47-0793015
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INVESTMENT PARTNERSHIP INCOME 656,689 656,689 656,689


    TY 2018 OtherLiabilitiesSchedule
    Name:
    GARY AND MARY WEST FOUNDATION
    EIN:
    47-0793015
    Description Beginning of Year - Book Value End of Year - Book Value
    LIABILITIES UNDER OPTION CONTRACTS 133,451 800


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    GARY AND MARY WEST FOUNDATION
    EIN:
    47-0793015
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVOCACY AND ADMINISTRATION 946,912 0   1,018,170
    INVESTMENT FEES 727,310 727,310   0


    TY 2018 TaxesSchedule
    Name:
    GARY AND MARY WEST FOUNDATION
    EIN:
    47-0793015
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 139,516 0   0
    PAYROLL TAXES 55,266 11,979   43,287
    OTHER TAXES 3,005 751   2,254