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
LEO M SHORTINO FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1760 THE ALAMEDA
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN JOSE, CA95126
A Employer identification number

68-0237238
B Telephone number (see instructions)

(408) 275-6306
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$49,048,535J 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   160  
4 Dividends and interest from securities... 396,413 419,642  
5a Gross rents............ 1,383,840 1,383,840  
b Net rental income or (loss) 460,863
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 439,429
b Gross sales price for all assets on line 6a 5,652,611
7 Capital gain net income (from Part IV, line 2)... 522,790
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 0 -12,862  
12 Total. Add lines 1 through 11........ 2,219,682 2,313,570  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 199,079 2,485   29,050
14 Other employee salaries and wages...... 51,804 14,143   165,302
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 21,710 1,438   16,818
c Other professional fees (attach schedule).... Click to see attachment 242,325 206,167   29,999
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 12,305 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 1,036 429,668  
20 Occupancy.............. 9,000 597   6,972
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 517,152 494,954   18,414
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,054,411 1,149,452   266,555
25 Contributions, gifts, grants paid....... 2,370,819 2,370,819
26 Total expenses and disbursements. Add lines 24 and 25 3,425,230 1,149,452   2,637,374
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,205,548
b Net investment income (if negative, enter -0-) 1,164,118
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............. 248,221 561,460 561,460
2 Savings and temporary cash investments......... 189,026 49,811 49,811
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 21,476,663 Click to see attachment17,491,629 17,491,629
c Investments—corporate bonds (attach schedule)....... 7,218,699 Click to see attachment6,674,415 6,674,415
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 23,679,577 Click to see attachment24,251,828 24,251,828
14 Land, buildings, and equipment: basis bullet12,562
Less: accumulated depreciation (attach schedule) bullet7,852 751 Click to see attachment4,710 4,710
15 Other assets (describe bullet) Click to see attachment7,305 Click to see attachment14,682 Click to see attachment14,682
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 52,820,242 49,048,535 49,048,535
Liabilities 17 Accounts payable and accrued expenses.......... 124,907 139,619
18 Grants payable.................   40,000
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 attachment72,000 Click to see attachment24,000
23 Total liabilities (add lines 17 through 22)......... 196,907 203,619
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.................. 52,623,335 48,844,916
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)..... 52,623,335 48,844,916
31 Total liabilities and net assets/fund balances (see instructions). 52,820,242 49,048,535
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
52,623,335
2
Enter amount from Part I, line 27a .....................
2
-1,205,548
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
48,000
4
Add lines 1, 2, and 3 ..........................
4
51,465,787
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,620,871
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
48,844,916
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 PUBLICLY TRADE SECURITIES   2018-01-01 2018-12-31
b ANGELES PRIVATE P 2018-01-01 2018-12-31
c HARBOR VEST P 2018-01-01 2018-12-31
d MEZZANINE P 2018-01-01 2018-12-31
e VINTAGE 2013 P 2018-01-01 2018-12-31
VINTAGE 2014 P 2018-01-01 2018-12-31
VINTAGE 2015 P 2018-01-01 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 5,559,903   5,120,474 439,429
b 1,559     1,559
c 50     50
d 33,872     33,872
e 33,177     33,177
24,050     24,050
    9,347 -9,347
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       439,429
b       1,559
c       50
d       33,872
e       33,177
      24,050
      -9,347
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 2 522,790
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 2,531,352 50,435,007 0.050190
2016 2,479,838 46,159,354 0.053723
2015 2,409,512 50,123,726 0.048071
2014 2,379,797 48,482,108 0.049086
2013 2,387,620 47,659,896 0.050097
2
Total of line 1, column (d) .....................
2
0.251167
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
0.050233
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
51,281,460
5
Multiply line 4 by line 3......................
5
2,576,022
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
11,641
7
Add lines 5 and 6........................
7
2,587,663
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,637,374
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 11,641
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 11,641
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 11,641
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 13,107
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 8,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 21,107
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 9,466
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet9,466 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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.SHORTINO.ORG
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (408) 275-6306

    Located atbullet1760 THE ALAMEDASAN JOSECA ZIP+4bullet95126
    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
    DAVID HEIMAN CHAIRMAN
    2.00     		5,000 0 0
    1760 THE ALAMEDA
    SAN JOSE,CA95126
    SONYA ARRIOLA VICE CHAIR
    2.00     		5,000 0 0
    1760 THE ALAMEDA
    SAN JOSE,CA95126
    LINDA MURRAY SECRETARY
    2.00     		5,000 0 0
    1760 THE ALAMEDA
    SAN JOSE,CA95126
    FRANK BOITANO TREASURER
    2.00     		5,000 0 0
    1760 THE ALAMEDA
    SAN JOSE,CA95126
    GERALD T WADE JR BOARD MEMBER
    2.00     		5,000 0 0
    1760 THE ALAMEDA
    SAN JOSE,CA95126
    RICARDO BENAVIDEZ BOARD MEMBER
    2.00     		2,500 0 0
    1760 THE ALAMEDA
    SAN JOSE,CA95126
    GARY T SHARA BOARD MEMBER
    2.00     		5,000 0 0
    1760 THE ALAMEDA
    SAN JOSE,CA95126
    ELAINE CURRAN EXECUTIVE DIRECTOR
    40.00     		86,579 0 0
    1760 THE ALAMEDA
    SAN JOSE,CA95126
    TAMARA ALVARADO EXECUTIVE DIRECTOR
    40.00     		75,000 0 0
    1760 THE ALAMEDA
    SAN JOSE,CA95126
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    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
    35,446,851
    b
    Average of monthly cash balances.......................
    1b
    325,545
    c
    Fair market value of all other assets (see instructions)................
    1c
    16,290,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    52,062,396
    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
    52,062,396
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    780,936
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    51,281,460
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,564,073
    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
    2,564,073
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    11,641
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,641
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,552,432
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,552,432
    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
    2,552,432
    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
    2,637,374
    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
    2,637,374
    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
    11,641
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,625,733
    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 2,552,432
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 2,036,559
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 2,637,374
    a Applied to 2017, but not more than line 2a 2,036,559
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		Click to see attachment0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 600,815
    e Remaining amount distributed out of corpus 0
    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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 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 ..........     		1,951,617
    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....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    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 e-mail address of the person to whom applications should be addressed:
    TAMARA ALVARADO
    1760 THE ALAMEDA
    SAN JOSE,CA95126
    (408) 275-6306
    bThe form in which applications should be submitted and information and materials they should include:
    THE APPLICANT ORGANIZATION PROVIDES A LETTER OF INTENT ONLINE 30 DAYS BEFORE THE PROPOSAL GRANT DATE. THE FOUNDATION WILL DETERMINE IF THE APPLICATION IS IN THE FOUNDATION'S AREA OF INTEREST AND WILL REQUEST AN ONLINE PROPOSAL. THE APPLICANT CAN ALSO PROVIDE A WRITTEN GRANT PROPOSAL TO THE EXECUTIVE DIRECTOR.
    cAny submission deadlines:
    A LETTER OF INTENT IS REQUIRED 60 DAYS AND A GRANT PROPOSAL 30 DAYS PRIOR TO ANY BOARD MEETING
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE FOUNDATION PRIMARILY MAKES GRANTS TO ORGANIZATIONS RECOGNIZED BY THE IRS UNDER SECTION 501(C)(3). THE FOUNDAITON MOST OFTEN MAKES GRANTS TO THE SUPPORT OF DIRECT SERVICES AND CAPITAL PROJECTS, ORGANIZAITONS THAT PRIMARILY PROVIDE SERVICES IN SANTA CLARA COUNTY, ORGANIZATIONS THAT HAVE CLEARLY STATED STRATEGIC PLANS, INCORPORATED MEASURABLE OBJECTIVES, AND HAVE A TRACK RECORD OF MATCHING AND EXCEEDING PERFORMANCE GOALS.
    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
    FRESH LIFELINES FOR YOUTH
    568 VALLEY WAY
    MILPITAS,CA95035     		NONE 501(C)(3) TO SUPPORT OUR LEGAL EDUCATION AND LIFE SKILLS PROGRAMS FOR 755 HIGH SCHOOL AND MIDDLE SCHOOL YOUTH IN SANTA CLARA COUNTY, WHICH TEACH YOUTH ABOUT THE LAW AND CONSEQUENCES OF CRIMES WHILE BUILDING SKILLS AND DEVELOPMENTAL ASSETS TO HELP YOUTH STAY ENGAGED IN SCHOOL AND OUT OF THE JUVENILE JUSTICE SYSTEM. 25,000
    UC BERKELEY--(REGENTS OF UC)
    CENTER FOR EDUCATIONAL PARTNERSHIPS
    2150 KITTREDGE STREET SUITE 4C
    BERKELEY,CA947201060     		NONE 501(C)(3) UC BERKELEY DESTINATION COLLEGE ADVISING CORPS (DCAC): ENCOURAGE COLLEGE FOR LOW-INCOME STUDENTS. 30,000
    STANFORD UNIVERSITY--RISE
    OFFICE OF SCIENCE OUTREACH 450
    SERRA MALL BLDG 160 MC 2063
    STANFORD,CA94305     		NONE 501(C)(3) 2019 RISE INTERNSHIP PROGRAM FOR HIGH SCHOOL STUDENTS 10,000
    SACRED HEART NATIVITY SCHOOLS
    310 EDWARDS AVE
    SAN JOSE,CA95110     		NONE 501(C)(3) ACADEMIC SUPPORT PROGRAM FOR LOW INCOME YOUTH 27,000
    BREAKTHROUGH SILICON VALLEY
    1635 PARK AVE
    SAN JOSE,CA95126     		NONE 501(C)(3) ACADEMIC, COLLEGE READINESS, AND ENRICHMENT PROGRAM FOR HIGH-POTENTIAL, LOW-INCOME MIDDLE SCHOOL STU 22,500
    THIRD STREET COMMUNITY CENTER
    160 N THIRD STREET
    SAN JOSE,CA95112     		NONE 501(C)(3) AFTER-SCHOOL ACADEMIC PROGRAMS 18,000
    THIRD STREET COMMUNITY CENTER
    160 N THIRD STREET
    SAN JOSE,CA95112     		NONE 501(C)(3) AFTER-SCHOOL ACADEMIC PROGRAMS 45,000
    TABARD THEATER COMPANY
    29 N SAN PEDRO STREET
    SAN JOSE,CA95110     		NONE 501(C)(3) AFTER-SCHOOL THEATRE PROGRAM FOR ELEMENTARY SCHOOL STUDENTS 10,000
    COMMUNITY SCHOOL OF MUSIC & ARTS
    230 SAN ANTONIO CIR
    MOUNTAIN VIEW,CA94040     		NONE 501(C)(3) ART4SCHOOLS AT LYNDALE ELEMENTARY SCHOOL 18,000
    BOYS & GIRLS CLUB OF SILICON VALLEY
    518 VALLEY WAY
    MILPITAS,CA95035     		NONE 501(C)(3) BGCSVS STIPE CLUBHOUSE SUMMER ENRICHMENT PROGRAM WILL PROVIDE 100 YOUTH AGES 6 TO 10 YEARS WITH A MULTI-ELEMENT YOUTH DEVELOPMENT PROGRAM THAT WILL FEATURE SMALL GROUP AND ONE-TO-ONE MENTORING WITH ADULT PROFESSIONALS; ACADEMIC SUPPORT, ARTS, SPORTS, FITNESS, AND RECREATIONAL ACTIVITIES IN A FUN, SAFE AND SUPPORTIVE ENVIRONMENT. 34,147
    BOYS & GIRLS CLUB OF SILICON VALLEY
    518 VALLEY WAY
    MILPITAS,CA95035     		NONE 501(C)(3) BGCSV'S SUMMER ENRICHMENT PROGRAM WILL PROVIDE 950 YOUTH AGES 6 TO 18 YEARS WITH A MULTI-ELEMENT YOUTH DEVELOPMENT PROGRAM TO PREVENT SUMMER ACADEMIC LOSS, BUILD RESISTANCE SKILLS, AND CREATE AN ENVIRONMENT OF SAFETY AND FUN; THE YOUTH OF THE YEAR PROGRAM IS THE BOYS & GIRLS CLUBS PREMIER RECOGNITION PROGRAM, CELEBRATING THE EXTRAORDINARY ACHIEVEMENTS OF CLUB MEMBERS. 82,500
    CONXION TO COMMUNITY
    749 STORY ROAD 10
    SAN JOSE,CA95122     		NONE 501(C)(3) BRIGHT FUTURE PROGRAM AT OVERFELT AND YERBA BUENA HIGH SCHOOLS: LIFE SKILLS COACHING AND MENTORING T 40,000
    ACKNOWLEDGEALLIANCE
    2483 OLD MIDDLEFILED WAY SUITE 201
    MOUNTAIN VIEW,CA94043     		NONE 501(C)(3) BRINGING OUR SOCIAL EMOTIONAL LEARNING (SEL) CURRICULUM TO AT-RISK STUDENTS AND EDUCATOR RESILIENCE SERVICES TO TEACHERS IN SANTA CLARA COUNTY ELEMENTARY AND MIDDLE SCHOOLS. 10,000
    ACE CHARTER SCHOOL
    1100 SHASTA AVE
    SAN JOSE,CA95126     		BOARD MEMBER 501(C)(3) CHARTER SCHOOLS IN ALUM ROCK, FRANKLIN-MCKINLY, AND SAN JOSE UNIFIED SCHOOL DISTRICTS 100,000
    CHILDREN'S DISCOVERY MUSEUM
    180 WOZ WAY
    SAN JOSE,CA95110     		NONE 501(C)(3) CHILDREN'S DISCOVERY MUSEUM'S YOUTH PROGRAMS PROVIDE ENRICHING AND EMPOWERING AFTER-SCHOOL, IN-SCHOOL, AND SUMMER LEARNING EXPERIENCES FOR YOUTH FROM DIVERSE SOCIAL, ECONOMIC, AND ETHNIC BACKGROUNDS TO ENGAGE WITH DIGITAL MEDIA AND SERVICE LEARNING. 25,000
    SILICON VALLEY EDUCATION FOUDATIONCOLLEGE DAY
    1400 PARKMOOR AVE SUITE 200
    SAN JOSE,CA95126     		NONE 501(C)(3) COLLEGE DAY CREATES AND CELEBRATES A COLLEGE-GOING CULTURE THROUGHOUT SANTA CLARA COUNTY BY PROVIDING TEACHERS AND OTHER CARING ADULTS THE TOOLS AND FUN ACTIVITIES THEY NEED TO COMMUNICATE AND TEACH STUDENT'S -- PARTICULARLY THOSE FROM UNDER-RESOURCED AND FIRST GENERATION COMMUNITIES - THAT COLLEGE IS ATTAINABLE AND FINANCIALLY FEASIBLE. 2,000
    SILICON VALLEY CHILDREN'S FUND
    75 E SANTA CLARA STREET SUITE 1450
    SAN JOSE,CA95113     		NONE 501(C)(3) COLLEGE SCHOLARSHIPS AND SUPPORT FOR FOSTER YOUTH 50,000
    COMMUNITY HEALTH AWARENESS COUNCIL
    590 W EL CAMINO REAL
    MOUNTAIN VIEW,CA94040     		NONE 501(C)(3) COUNSELING SERVICES FOR CHILDREN IN SUNNYVALE SCHOOLS 25,000
    GIRL SCOUTS OF N CALIFORNIA
    1310 S BASCOM AVE
    SAN JOSE,CA95128     		NONE 501(C)(3) DECISION-MAKING/WELLNESS/ HEALTHY LIFESTYLES PROGRAMS 25,000
    MACLA
    510 SOUTH FIRST STREET
    SAN JOSE,CA95113     		NONE 501(C)(3) DMC STUDIO: LOW-INCOME LATINO YOUTH LEARN THE LATEST TECHNOLOGY FROM MEDIA MENTORS. 25,000
    ALUM ROCK EDUCATION FDN EAST SIDE COMMUNITY ARTS
    PO BOX 56178
    SAN JOSE,CA95156     		NONE 501(C)(3) EAST SIDE COMMUNITY ARTS SUMMER PROGRAM 10,000
    GUADALUPE RIVER PARK CONSERVITORY
    438 COLEMAN AVENUE
    SAN JOSE,CA95110     		NONE 501(C)(3) EDUCATIONAL FIELD TRIPS FOR STUDENTS AT TITLE 1 SCHOOLS 20,000
    CITIZEN SCHOOLS
    330 TWIN DOLPHIN DRIVE SUITE 115
    REDWOOD CITY,CA94065     		NONE 501(C)(3) EXPANDED LEARNING TIME AT JOSEPH GEORGE MIDDLE SCHOOL 50,000
    CITY YEAR
    1922 THE ALAMEDA SUITE 104
    SAN JOSE,CA95126     		NONE 501(C)(3) EXTENDED LEARNING PARTNERSHIP IN 12 SCHOOLS IN ALUM ROCK AND EAST SIDE UNION HIGH SCHOOL DISTRICTS 67,500
    CHILDREN'S MUSICAL THEATER
    1401 PARKMOOR AVENUE SUITE 100
    SAN JOSE,CA95126     		BOARD MEMBER 501(C)(3) FREE THEATRE PERFORMANCE TICKETS AND SUMMER CAMP SCHOLARSHIPS FOR UNDERSERVED YOUTH. 36,000
    THE BEAT WITHIN (INTERSECTION FOR THE ARTS)
    PO BOX 34310
    SAN FRANCISCO,CA94134     		NONE 501(C)(3) FUNDS WILL SUPPORT DIRECT PROGRAMS FOR YOUTH INCARCERATED AT SANTA CLARA COUNTY JUVENILE HALL TO PROVIDE THEM WITH CONSISTENT OPPORTUNITIES TO SHARE THEIR IDEAS AND LIFE EXPERIENCES IN A SAFE SPACE TO ENCOURAGE LITERACY, SELF-EXPRESSION, CRITICAL THINKING AND HEALTHY, SUPPORTIVE RELATIONSHIPS WITH ADULTS FROM THEIR COMMUNITY. 13,500
    SCHOOL OF ARTS & CULTURE AT MHP
    1700 ALUM ROCK AVENUE
    SAN JOSE,CA95116     		NONE 501(C)(3) GRANT: ARTS EDUCATION SUMMER CAMPS AND AFTER SCHOOL PROGRAMS 50,000
    MVLA COMMUNITY SCHOLARS
    183 HILLVIEW AVENUE
    LOS ALTOS,CA94022     		NONE 501(C)(3) GRANT: COLLEGE SCHOLARSHIPS FOR AT RISK YOUTH 24,000
    VIA SERVICES
    2851 PARK AVENUE
    SANTA CLARA,CA95050     		BOARD MEMBER 501(C)(3) GRANT: HEALTHY LIVING INITIATIVE AT VIA WEST 50,000
    ALUM ROCK COUNSELING CENTER
    777 NORTH FIRST STREET
    SAN JOSE,CA95112     		NONE 501(C)(3) GRANT: OCALA MIDDLE SCHOOL MENTORING AND SUPPORT SERVICES PROGRAM. 31,500
    PRESENTATION HS
    2281 PLUMMER AVENUE
    SAN JOSE,CA95125     		NONE 501(C)(3) GRANT: SCHOLARSHIPS FOR LOW-INCOME STUDENTS 39,600
    CHILD ADVOCATES
    509 VALLEY WAY BUILDING 2
    MILPITAS,CA95035     		NONE 501(C)(3) GRANT: VOLUNTEER ADVOCATES FOR FOSTER YOUTH 22,500
    MUSIC FOR MINORS
    1100 INDUSTRIAL ROAD SUITE 10
    SAN CARLOS,CA94040     		NONE 501(C)(3) GRANT: VOLUNTEER LED MUSIC EDUCATION 18,000
    MENTOR TUTOR CONNECTION
    PO BOX 1473
    LOS ALTOS,CA94023     		NONE 501(C)(3) HELP VULNERABLE AND/OR UNDER-PERFORMING HIGH SCHOOL STUDENTS IN THE MOUNTAIN VIEW LOS ALTOS HIGH SCHOOL DISTRICT FULFILL THEIR POTENTIAL IN SCHOOL AND IN LIFE THROUGH POSITIVE RELATIONSHIPS THAT FOSTER SELF-ESTEEM, HEALTHY BEHAVIORS, AND ACADEMIC SUCCESS - THIS EFFORT IS SUPPORTED BY SCREENED AND TRAINED VOLUNTEER MENTORS AND A SMALL PART-TIME PROGRAM STAFF. 15,000
    SOMOS MAYFAIR
    370-B S KING ROAD
    SAN JOSE,CA95116     		NONE 501(C)(3) IN OUR HANDS, BRIDGE TO KINDERGARTEN, AND RAISING A READER PROGRAMS 27,000
    STUDENTS RISING ABOVE
    PO BOX 29174
    SAN FRANCISCO,CA94129     		NONE 501(C)(3) IN-PERSON AND ONLINE COLLEGE AND CAREER SUPPORT SERVICES FOR LOW-INCOME YOUTH IN SANTA CLARA COUNTY 25,000
    SAN JOSE MUSEUM OF ART
    110 S MARKET STREET
    SAN JOSE,CA95110     		NONE 501(C)(3) INTEGRATED ARTS, SOCIAL STUDIES, SCIENCE, TECHNOLOGY PROGRAM FOR 3RD GRADE STUDENTS 22,500
    ART IN ACTION
    3925 BOHANNON DRIVE 300
    MENLO PARK,CA94025     		NONE 501(C)(3) K-8 VISUAL ARTS PROGRAM IN THREE SCHOOLS IN ALUM ROCK DISTRICT AND 10 AFTER SCHOOL SITES. 25,000
    GLOBAL GLIMPSE
    101 BROADWAY SUITE 301
    OAKLAND,CA94607     		NONE 501(C)(3) LEADERSHIP DEVELOPMENT, GLOBAL EDUCATION, SERVICE LEARNING, COLLEGE PREP FOR HIGH SCHOOL JUNIORS AND 25,000
    READING PARTNERS
    600B VALLEY WAY
    MILPITAS,CA95125     		NONE 501(C)(3) LITERACY INTERVENTION FOR K-4TH GRADERS IN 12 SCHOOLS IN SANTA CLARA COUNTY. 15,000
    JUST READ
    PO BOX 4459
    MOUNTAIN VIEW,CA94040     		NONE 501(C)(3) LITERACY TUTORING PROGRAM 10,000
    ALEARN SVEF
    3777 STEVENS CREEK BLVD SOUTH 330
    SANTA CLARA,CA95051     		NONE 501(C)(3) MATH ASSISTANCE FOR UNDERREPRESENTED STUDENTS IN SANTA CLARA COUNTY SCHOOLS 27,000
    FRIENDS FOR YOUTH
    1741 BROADWAY
    REDWOOD CITY,CA94063     		NONE 501(C)(3) MENTORING PROGRAMS AND SKILLS WORKSHOPS 10,000
    NOTRE DAME SAN JOSE HS
    596 S SECOND STREET
    SAN JOSE,CA95112     		NONE 501(C)(3) NOTRE DAME REQUESTS FUNDING TO SUPPORT SCHOLARSHIPS FOR THOSE LOW-INCOME STUDENTS WHO QUALIFY FOR THE MAXIMUM FINANCIAL AID AWARD PROVIDED BY NOTRE DAME AT THE INITIAL APPROVAL OF THEIR SCHOLARSHIP FOR THE 2018-19 AND 2019-20 SCHOOL YEARS. 31,500
    UPLIFT FAMILY SERVICES
    251 LLEWELLYN AVENUE
    CAMPBELL,CA95008     		NONE 501(C)(3) OUR ADDICTION PREVENTION SERVICES PROGRAM THAT IS PROVIDED TO OVER 2,000 STUDENTS IN ALUM ROCK MIDDLE SCHOOLS TO EDUCATE AND PROVIDE COUNSELING ON SUBSTANCE USE, ABUSE AND OTHER CRITICAL ISSUES YOUTH ENCOUNTER AND ARE CHALLENGED BY. 35,000
    AMIGOS DE GUADALUPE
    1897 ALUM ROCK AVE SUITE 35
    SAN JOSE,CA95116     		NONE 501(C)(3) OUR SUMMER UNDER THE SUN CAMP AND AMIGOS READER LEADER AFTER-SCHOOL PROGRAM PROVIDES ACADEMIC SUPPORT FOR K-8TH GRADE STUDENTS 25,000
    MONTALVO ASSOCIATION
    15400 MONTALVO ROAD
    SARATOGA,CA95071     		NONE 501(C)(3) PERFORMING ARTS SERIRES FOR STUDENTS 15,000
    SAN JOSE JAZZ
    38 W SAN CARLOS ST
    SAN JOSE,CA95113     		NONE 501(C)(3) PROGRESSIONS MUSIC PROGRAM AT FRANKLIN-MCKINLEY SCHOOL DISTRICT 31,500
    JUNIOR ACHIEVEMENT
    3003 OAK RD 109
    WALNUT CREEK,CA94597     		NONE 501(C)(3) PROVIDE FINANCIAL LITERACY, ENTREPRENEURSHIP, AND WORK FORCE DEVELOPMENT 10,000
    DIOCESE OF SAN JOSE
    1200 REDMOND AVE
    SAN JOSE,CA95120     		NONE 501(C)(3) PROVIDE TUITION ASSISTANCE FOR LOW-INCOME STUDENTS ENROLLED IN THE DREXEL SCHOOL SYSTEM (SKDI). 50,000
    SPRINGBOARD COLLABORATIVE
    1500 JOHNN F KENNEDY BOULEVARD
    PHILADELPHIA,PA19102     		NONE 501(C)(3) RAISING INTEREST IN SCIENCE & ENGINEERING (RISE) SUMMER INTERNSHIP PROGRAM FOR HIGH SCHOOL STUDENTS. 100,000
    FAMILY SUPPORTIVE HOUSING
    692 N KING RD
    SAN JOSE,CA95133     		NONE 501(C)(3) SAN JOSE FAMILY SHELTER AFTER-SCHOOL PROGRAM 18,000
    SACRED HEART
    1381 SOUTH FIRST STREET
    SAN JOSE,CA95110     		NONE 501(C)(3) SHCS GARDNER SUMMER ACADEMY. SUPPORT ACADEMIC SUCCESS AND SOCIAL/EMOTIONAL HEALTH AMONG LOW-INCOME STUDENTS AND THEIR FAMILIES THROUGH SUMMERTIME EXTENDED LEARNING OPPORTUNITIES. 41,644
    O'NEILL SEA ODYSSEY
    222 EAST CLIFF DRIVE 222
    SANTA CRUZ,CA95062     		NONE 501(C)(3) SILICON VALLEY OCEANOGRAPHY WILL ENGAGE 4TH - 6TH GRADE STUDENTS FROM SANTA CLARA COUNTY IN AN OCEAN-GOING FIELD TRIP, COMMUNITY SERVICE AND CLASSROOM SCIENCE LESSONS, USING HANDS-ON SCIENCE TO INSPIRE LIFE-LONG ENVIRONMENTAL STEWARDSHIP. 10,000
    KIWANIS FOUNDATION-LOS ALTOS
    505 CYPRESS POINT DR 34
    MOUNTAIN VIEW,CA94043     		NONE 501(C)(3) SPECIAL GAMES: ATHLETIC EVENTS FOR CHILDREN WITH PHYSICAL AND MENTAL DISABILITIES 5,000
    TECH MUSEUM
    201 S MARKET STREET
    SAN JOSE,CA95113     		NONE 501(C)(3) STEM FOCUSED TECH ACADEMIES OF INNOVATION PROGRAM AT LOW-INCOME SCHOOLS 25,000
    SOUTH COUNTY CAL SOAP
    750 W 10TH STREET
    GILROY,CA95020     		NONE 501(C)(3) SUMMER BRIDGE PROGRAM: AN 8TH GRADE SUMMER PROGRAM FOR 30 STUDENTS THAT WILL PRESENT A COMBINATION OF ACADEMIC INSTRUCTION AND TUTORING WITH COLLEGE/CAREER READINESS AND COUNSELING IN A FORMAT CONSISTING OF 5 HOUR DAYS, 5 DAY WEEKS FOR 6 WEEKS. 22,500
    FRANKLIN MCKINLEY SCHOOL DISTRICT
    645 WOOL CREEK DRIVE
    SAN JOSE,CA95112     		NONE 501(C)(3) SUMMER LITERACY PROGRAM FOR ELEMENTARY SCHOOL YOUTH. 184,077
    JOSE VALDES MATH FOUNDATION
    PO BOX 26484
    SAN JOSE,CA95159     		NONE 501(C)(3) SUMMER REMEDIAL MATH PROGRAM FOR STUDENTS IN EAST SAN JOSE 25,000
    ARCHBISHOP MITTY HS
    5000 MITTY WAY
    SAN JOSE,CA95129     		NONE 501(C)(3) SUPPORT FOR K-8TH GRADE STUDENTS 27,000
    SV URBAN DEBATE LEAGUE
    502 VALLEY WAY
    MILPITAS,CA95035     		NONE 501(C)(3) SVUDL IS COMMITTED TO SERVING SANTA CLARA COUNTY UNDER-REPRESENTED YOUTH WHO WOULD OTHERWISE NOT HAVE THE OPPORTUNITY TO ENGAGE IN THE SMART SPORT OF DEBATE THAT OPENS DOORS FOR THEM TO PARTICIPATE IN A POSITIVE EDUCATIONAL ENRICHMENT ACTIVITY THAT IS OFTEN RESERVED FOR MORE AFFLUENT STUDENTSTHROUGH DEBATE, OUR YOUTH EMBARK ON A LIFETIME PATH TO ACADEMIC AND CAREER SUCCESS. 25,000
    YWCA SILICON VALLEY
    375 SOUTH THIRD STREET
    SAN JOSE,CA95112     		NONE 501(C)(3) TECHGYRLS AFTER-SCHOOL AND SUMMER STEM PROGRAM 20,000
    FAMILY & CHILDREN SERVICES OF SILICON VALLEY
    2600 S EL CAMINO REAL STE 200
    SAN MATEO,CA94403     		NONE 501(C)(3) TEEN FAMILIES AND SCHOOLS TOGETHER PROGRAM AT ANDREW HILL AND YERBA BUENA HIGH SCHOOLS 20,000
    OAK GROVE SCHOOL DISTRICTADOPT-A-COLLEGE
    6578 SANTA TERESA BLVD
    SAN JOSE,CA95119     		NONE 501(C)(3) THE ADOPT-A-COLLEGE SCHOLARSHIP PROGRAM CONTINUES TO PROVIDE TO COLLEGE SCHOLARSHIPS TO YOUNGSTERS LIVING IN THE HIGH RISK AREA SURROUNDING EDENVALE SCHOOL AND HAS PROVIDED OVER 800 SCHOLARSHIPS TO TRADE SCHOOLS, COMMUNITY COLLEGES, AND UNIVERSITIES OVER THE PAST THIRTY YEARS. 7,500
    CATHOLIC CHARITIES OF SANTA CLARA COUNTY
    2625 ZANKER RD 200
    SAN JOSE,CA95134     		NONE 501(C)(3) THE EXPLORERS OF THE GALAXY SUMMER PROGRAM WILL PROVIDE SUMMER LITERACY, STEM, AND ENRICHMENT ACTIVITIES FOR STUDENTS AT WASHINGTON ELEMENTARY THROUGH A SCHOOL AND AFTER SCHOOL PROVIDER PARTNERSHIP 32,551
    PENINSULA COLLEGE FUND
    330 TWIN DOLPHIN DRIVE SUITE 131
    REDWOOD CITY,CA94065     		NONE 501(C)(3) THIS PROJECT WILL FUND COLLEGE SCHOLARSHIPS, MENTORING, AND COLLEGE AND CAREER SUCCESS SUPPORT FOR FOUR PENINSULA COLLEGE FUND (PCF) SCHOLARS FROM EAST SAN JOSE HIGH SCHOOLS FOR ONE YEAR. 24,000
    YMCA OF SILICON VALLEY
    80 SARATOGA AVE
    SANTA CLARA,CA95051     		NONE 501(C)(3) TO HELP CLOSE THE OPPORTUNITY AND ACHIEVEMENT GAP FOR 400 RISING 1ST 3RD GRADE YOUTH AT SIX LOW-INCOME NEIGHBORHOOD SCHOOL SITES IN SANTA CLARA COUNTY THROUGH THE 2018 YMCA SUMMER ACHIEVEMENT PROGRAM, AN EVIDENCE-BASED SUMMER LEARNING PROGRAM DESIGNED TO REDUCE BARRIERS TO OPPORTUNITY AND HELP MITIGATE SUMMER LEARNING LOSS FOR RISING 1ST 3RD GRADERS FROM LOW-INCOME FAMILIES BY INCREASING LITERACY LEVELS, OFFERING QUALITY ENRICHMENT ACTIVITIES, AND PROVIDING HEALTHY MEALS/SNACKS AND PHYSICAL EXERCISE. 80,000
    CRISTO REY SAN JOSE JESUIT HIGH SCHOOL
    1390 FIVE WONDS LANE
    SAN JOSE,CA95116     		NONE 501(C)(3) TO SUPPORT FIVE STUDENT SCHOLARSHIPS, PER YEAR, AS A PART OF THE CAPITAL CAMPAIGN. 50,000
    BELLARMINE
    960 WEST HEDDING STREET
    SAN JOSE,CA95126     		BOARD MEMBER 501(C)(3) TUITION ASSISTANCE FOR LOW-INCOME STUDENTS WHO QUALIFY FOR THE MAXIMUM FINANCIAL AID AWARDED AS PROVIDED BY BELLARMINE COLLEGE PREPARATORY 42,300
    KIWANIS FOUNDATION--SAN JOSE
    PO BOX 4855
    SAN JOSE,CA951304855     		BOARD MEMBER 501(C)(3) TURNAROUND SCHOLARSHIP. TE KIWANIS TAS PROGRAM AWARDS SCHOLARSHIPS AND OFFERS MENTORSHIP TO STUDENTS WHO HAVE HAD PERSONAL, FINANCIAL, AND/OR OTHER DIFFICULTIES IN HIGH SCHOOL, HAVE OVERCOME THEM, AND DESIRE SECONDARY EDUCATION AND TRAINING TO IMPROVE THEIR LIVES. 72,000
    ELEVATE TUTORING
    2641 THRASHER LANE
    SAN JOSE,CA95125     		NONE 501(C)(3) TUTORING AND MENTORING FOR STUDENTS AT 8 SCHOOLS. 25,000
    ACHIEVEKIDS
    3860 MIDDLEFIELD ROAD
    PALO ALTO,CA94303     		NONE 501(C)(3) VOCATIONAL EDUCATION PROGRAM FOR AT-RISK, TRANSITION-AGE YOUTH WITH SPECIAL NEEDS. 15,000
    GRAIL FAMILY SERVICES
    2003 E SAN ANTONIO STREET
    SAN JOSE,CA95116     		NONE 501(C)(3) YES WE CAN. READ! CHILDREN'S INITIATIVE 25,000
    SACRED HEART COMMUNITY SERVICE
    1381 SOUTH FIRST STREET
    SAN JOSE,CA95110     		NONE 501(C)(3) YOUTH EDUCATION PROGRAMS 18,000
    Total .................................bullet 3a 2,370,819
    bApproved for future payment
    Total .................................bullet 3b 0
    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    
    4 Dividends and interest from securities....     14 396,413  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 460,863  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 439,429  
    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 1,296,705 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,296,705
    (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:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN:
    68-0237238
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 21,710 1,438   16,818

    TY 2018 AppliedToPriorYearElection
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN:
    68-0237238
    Election:
    ANY QUALIFYING DISTRIBUTION MADE DURING A TAXABLE YEAR SHALL BE TREATED AS MADE --FIRST OUT OF THE UNDISTRIBUTED INCOME OF THE IMMEDIATELY PRECEDING TAXABLE YEAR TO THE EXTENT THEREOF; SECOND OUT OF THE UNDISTRIBUTED INCOME FOR THE TAXABLE YEAR TO THE EXTENT THEREOF; AND THEN OUT OF CORPUS.

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

    TY 2018 DepreciationSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN:
    68-0237238
    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
    SONY VAIO AND ACCESSORIES 2011-03-01 1,144 1,144 SL 3.000000000000 0 0    
    DELL TOWER AND ACCESSORIES 2011-12-01 1,675 1,675 SL 3.000000000000 0 0    
    2 IPADS 2012-09-01 1,398 1,398 SL 3.000000000000 0 0    
    ELAINE'S COMPUTER 2014-03-31 1,470 1,470 SL 3.000000000000 0 0    
    JEANNE'S COMPUTER 2016-01-01 1,331 859 SL 3.000000000000 472 0    
    NEW IPADS 2017-02-27 548 269 SL 3.000000000000 217 0    
    NEW COMPUTERS 2018-10-25 4,996   SL 3.000000000000 348 0    

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

    TY 2018 GainLossSaleOtherAssetsSch
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN:
    68-0237238
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    OTHER EXPENSES   PURCHASED           0    

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN:
    68-0237238
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FIXED INCOME 6,674,415 6,674,415

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN:
    68-0237238
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQUITIES 17,491,629 17,491,629

    TY 2018 InvestmentsOtherSchedule2
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN:
    68-0237238
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    REAL ESTATE FMV 16,368,792 16,368,792
    ALTERNATIVE INVESTMENTS FMV 7,883,036 7,883,036

    TY 2018 LandEtcSchedule2
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN:
    68-0237238
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    SONY VAIO AND ACCESSORIES 1,144 1,144 0  
    DELL TOWER AND ACCESSORIES 1,675 1,675 0  
    2 IPADS 1,398 1,398 0  
    ELAINE'S COMPUTER 1,470 1,470 0  
    JEANNE'S COMPUTER 1,331 1,331 0  
    NEW IPADS 548 486 62  
    NEW COMPUTERS 4,996 348 4,648  


    TY 2018 OtherAssetsSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN:
    68-0237238
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    OTHER ASSETS 7,305 14,682 14,682


    TY 2018 OtherDecreasesSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN:
    68-0237238
    Description Amount
    UNREALIZED LOSS 2,620,871


    TY 2018 OtherExpensesSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN:
    68-0237238
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 3,143 208   2,435
    OFFICE EXPENSE 19,697 1,306   15,259
    MISCELLANEOUS 934 62   720
    RENTAL EXPENSES 76,467 76,467   0
    RENTAL EXPENSES 275,312 275,312   0
    RENTAL EXPENSES 141,599 141,599   0


    TY 2018 OtherIncomeSchedule2
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN:
    68-0237238
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INVESTMENT EXPENSES 0 -38,280 0
    OTHER INVESTMENT INCOME 0 25,418 0


    TY 2018 OtherIncreasesSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN:
    68-0237238
    Description Amount
    DEFERRED EXCISE TAXES 48,000


    TY 2018 OtherLiabilitiesSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN:
    68-0237238
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED TAX LIABILITY 72,000 24,000


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN:
    68-0237238
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT AND TAX PREPARATION 21,050 1,395   16,307
    INVESTMENT MANAGEMENT 203,600 203,600   0
    PROFESSIONAL FEES 17,675 1,172   13,692


    TY 2018 TaxesSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN:
    68-0237238
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE 12,305 0   0