-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
01-01-2019
, and ending
12-31-2019
Name of foundation
The Sam Mazza Foundation
Number and street (or P.O. box number if mail is not delivered to street address)
PO Box 14700
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
San Francisco
,
CA
94114
A Employer identification number
20-3644356
B
Telephone number (see instructions)
(650) 355-0272
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
18,961,139
J
Accounting method:
Cash
Accrual
Other (specify)
(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)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
4
Dividends and interest from securities
...
189,066
189,066
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
276,898
b
Gross sales price for all assets on line 6a
2,188,732
7
Capital gain net income (from Part IV, line 2)
...
276,898
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)
.......
60,805
41,368
12
Total.
Add lines 1 through 11
........
526,769
507,332
13
Compensation of officers, directors, trustees, etc.
96,377
96,377
14
Other employee salaries and wages
......
65,000
65,000
15
Pension plans, employee benefits
.......
11,076
15,653
16a
Legal fees (attach schedule)
.........
b
Accounting fees (attach schedule)
.......
12,250
12,250
c
Other professional fees (attach schedule)
....
126,443
74,931
51,507
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
27,001
5,854
14,219
19
Depreciation (attach schedule) and depletion
...
90,956
20
Occupancy
..............
3,703
3,703
21
Travel, conferences, and meetings
.......
4,009
4,285
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
164,629
73
164,291
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
601,444
80,858
427,285
25
Contributions, gifts, grants paid
.......
822,293
822,293
26
Total expenses and disbursements.
Add lines 24 and 25
1,423,737
80,858
1,249,578
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-896,968
b
Net investment income
(if negative, enter -0-)
426,474
c
Adjusted net income
(if negative, enter -0-)
...
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
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
1
Cash—non-interest-bearing
.............
3,345
34,954
34,954
2
Savings and temporary cash investments
.........
520,297
619,755
619,755
3
Accounts receivable
1,534
Less: allowance for doubtful accounts
1,534
1,534
4
Pledges receivable
Less: allowance for doubtful accounts
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)
Less: allowance for doubtful accounts
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
1,089,573
957,938
957,938
b
Investments—corporate stock (attach schedule)
.......
5,596,493
6,639,454
6,639,454
c
Investments—corporate bonds (attach schedule)
.......
476,293
231,879
231,879
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
8,645,005
8,287,992
8,287,992
14
Land, buildings, and equipment: basis
2,802,999
Less: accumulated depreciation (attach schedule)
878,221
2,014,909
1,924,778
1,924,778
15
Other assets (describe
)
262,855
262,855
262,855
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
18,608,770
18,961,139
18,961,139
17
Accounts payable and accrued expenses
..........
24,714
17,375
18
Grants payable
.................
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
)
23
Total liabilities
(add lines 17 through 22)
.........
24,714
17,375
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
18,584,056
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
27
Paid-in or capital surplus, or land, bldg., and equipment fund
28
Retained earnings, accumulated income, endowment, or other funds
29
Total net assets or fund balances
(see instructions)
.....
18,584,056
18,943,764
30
Total liabilities and net assets/fund balances
(see instructions)
.
18,608,770
18,961,139
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 29 (must agree with end-of-year figure reported on prior year’s return)
...............
1
18,584,056
2
Enter amount from Part I, line 27a
.....................
2
-896,968
3
Other increases not included in line 2 (itemize)
3
1,256,676
4
Add lines 1, 2, and 3
..........................
4
18,943,764
5
Decreases not included in line 2 (itemize)
5
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
18,943,764
Form
990-PF
(2019)
Form 990-PF (2019)
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
Sales of Publicly Traded Securities
P
2012-12-12
2019-12-12
b
Capital Gain Distributions
P
2012-12-12
2019-12-12
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
2,185,800
1,911,834
273,966
b
2,932
2,932
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-)
or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
273,966
b
2,932
c
d
e
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
276,898
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
...................
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?
Yes
No
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))
2018
1,297,624
15,556,956
0.08341
2017
949,641
15,839,444
0.05995
2016
886,585
15,622,103
0.05675
2015
810,866
15,871,124
0.05109
2014
860,035
17,334,518
0.04961
2
Total
of line 1, column (d)
.....................
2
0.300822
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
0.060164
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
14,969,412
5
Multiply line 4 by line 3
......................
5
900,620
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
4,265
7
Add lines 5 and 6
........................
7
904,885
8
Enter qualifying distributions from Part XII, line 4
,.............
8
1,250,403
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
(2019)
Form 990-PF (2019)
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
and enter “N/A" on line 1.
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
4,265
here
and enter 1% of Part I, line 27b
...................
c
All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2
Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
2
3
Add lines 1 and 2
...........................
3
4,265
4
Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
4
5
Tax based on investment income.
Subtract line 4 from line 3. If zero or less, enter -0-
.....
5
4,265
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
12,000
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
d
Backup withholding erroneously withheld
...........
6d
7
Total credits and payments. Add lines 6a through 6d
..............
7
12,000
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
7
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
7,728
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
7,728
Refunded
11
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.
$
(2)
On foundation managers.
$
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
No
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
Yes
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part II, col. (c),
and Part XV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
CA
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 2019 or the taxable year beginning in 2019? 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
(2019)
Form 990-PF (2019)
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 address
www.sammazzafoundation.org
14
The books are in care of
Jeanette Cool
Telephone no.
(650) 355-0272
Located at
PO Box 14700
San Francisco
CA
ZIP+4
94114
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
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
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?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(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)?
...............
Yes
No
(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.)
.......
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
........
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 2019?
.............
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 2019, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2019?
.............
Yes
No
If "Yes," list the years
20
,
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.
20
,
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?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2019 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 2019.)
..................
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 2019?
4b
No
Form
990-PF
(2019)
Form 990-PF (2019)
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))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
.........
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?
..........
Yes
No
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?
.....................
Yes
No
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?
Yes
No
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?
.................
Yes
No
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
Jeanette Cool
Exec Dir
40.00
95,000
1,377
PO Box 14700
San Francisco
,
CA
94114
Anne Galjour
Director
3.88
0
PO Box 14700
San Francisco
,
CA
94114
Robert C Hood
Treasurer
3.88
0
PO Box 14700
San Francisco
,
CA
94114
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
Dorian Jamal C Cool
Advisor
40.00
65,000
942
PO Box 14700
San Francisco
,
CA
94114
Total
number of other employees paid over $50,000
...................
Form
990-PF
(2019)
Form 990-PF (2019)
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
Wells Fargo
Asset Management
74,931
420 Montgomery Street
San Francisco
,
CA
94104
Total
number of others receiving over $50,000 for professional services
.............
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
.........................
Form
990-PF
(2019)
Form 990-PF (2019)
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
8,153,465
b
Average of monthly cash balances
.......................
1b
628,605
c
Fair market value of all other assets (see instructions)
................
1c
6,415,303
d
Total
(add lines 1a, b, and c)
.........................
1d
15,197,373
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation)
.............
1e
0
2
Acquisition indebtedness applicable to line 1 assets
..................
2
3
Subtract line 2 from line 1d
.........................
3
15,197,373
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
227,961
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
14,969,412
6
Minimum investment return.
Enter 5% of line 5
..................
6
748,471
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
748,471
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
4,265
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
4,265
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
744,206
4
Recoveries of amounts treated as qualifying distributions
................
4
5
Add lines 3 and 4
............................
5
744,206
6
Deduction from distributable amount (see instructions)
.................
6
7
Distributable amount
as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1
...
7
744,206
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
1,249,578
b
Program-related investments—total from Part IX-B
..................
1b
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
825
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
1,250,403
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
4,265
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
1,246,138
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
(2019)
Form 990-PF (2019)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2018
(c)
2018
(d)
2019
1
Distributable amount for 2019 from Part XI, line 7
744,206
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
b
Total for prior years:
20
,
20
,
20
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
b
From 2015
......
c
From 2016
......
d
From 2017
......
36,403
e
From 2018
......
538,466
f
Total
of lines 3a through e
........
574,869
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
1,250,403
a
Applied to 2018, but not more than line 2a
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
c
Treated as distributions out of corpus (Election
required—see instructions)
........
0
d
Applied to 2019 distributable amount
.....
744,206
e
Remaining amount distributed out of corpus
506,197
5
Excess distributions carryover applied to 2019.
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
1,081,066
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
c
Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed
......
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
e
Undistributed income for 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
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)
.......
8
Excess distributions carryover from 2014 not
applied on line 5 or line 7 (see instructions)
...
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
1,081,066
10
Analysis of line 9:
a
Excess from 2015
....
b
Excess from 2016
....
c
Excess from 2017
....
36,403
d
Excess from 2018
....
538,466
e
Excess from 2019
....
506,197
Form
990-PF
(2019)
Form 990-PF (2019)
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 2019, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
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)
2019
(b)
2018
(c)
2017
(d)
2016
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.)
1
Information Regarding Foundation Managers:
a
List 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).)
b
List 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.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
The Sam Mazza Foundation Attn Jeane
PO Box 14700
San Francisco
,
CA
94114
(650) 355-0272
N/A
b
The form in which applications should be submitted and information and materials they should include:
The Foundation requires application for LOI from an online link at the website (www.sammazzafoundation.org) and an invitation to submit formal grant proposal upon approval of LOI. The information includes organizations information, mission and values, financial statements, budgets and relevant public relations and website information.
c
Any submission deadlines:
Posted on the website for the Sam Mazza Foundation.
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Few restrictions or limitations on awards presently, but Bay Area proposals are preferential. Funding focus areas are the arts and arts education, often with special emphases on youth.
Form
990-PF
(2019)
Form 990-PF (2019)
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)
a
Paid during the year
Free The Children Trust
745 Concord Lane
Barrington
,
IL
60010
N/A
PC
General Support
13,000
ODC
3153 17th Street
San Francisco
,
CA
94110
N/A
PC
Theater Artist in Residence Program supporting 4 core dance artists and 3 resident companies in relationship with ODC San Francisco community
10,000
Stagebridge
2501 Harrison Street
Oakland
,
CA
94612
N/A
PC
Storybridge Project
7,000
Exponent Philanthropy
1720 N Street NW
Washington
,
DC
20036
N/A
PC
Membership
1,500
Golden Bridges School
3358 22nd St
San Francisco
,
CA
94110
N/A
PC
Scenes from 71 Years
20,000
Sanchez Art Center
1220 Linda Mar Blvd B
Pacifica
,
CA
94044
N/A
PC
Sunset Ridge
7,250
World Arts West
World Arts West Franklin St
San Francisco
,
CA
94123
N/A
PC
Ethnic Dance Festival in San Francisco
65,000
Bright Starts of Bethlehem NFP
PO Box 185
Mount Morris
,
IL
61054
N/A
PC
DAK Performance and Exhibition Programs
30,000
California Shakespeare Theater
701 Heinz Avenue
Berkeley
,
CA
94710
N/A
PC
EQuitable Access (East Bay)
10,000
Dimensions Dance Theater
1428 Alice Street Suite 308
Oakland
,
CA
94612
N/A
PC
Rites of Passage
12,500
DrawBridge
PO Box 2698
San Rafael
,
CA
94912
N/A
PC
Arts program for Homeless Children
8,000
Music in Schools Today
582 Market Street 213
San Francisco
,
CA
94104
N/A
PC
Music for All
7,500
Pacifica Community TV
580 Crespo Drive Unit E
Pacifica
,
CA
94044
N/A
PC
Sponsor
750
Pacifica Resource Center
1809 Palmette Avenue
Pacifica
,
CA
94044
N/A
PC
General Support
37,500
West Edge Opera
1700 Shattuck Avenue 312
Berkeley
,
CA
94709
N/A
PC
West Edge Festival
9,000
Youth Speaks
1663 Mission Street Suite 604
San Francisco
,
CA
94103
N/A
PC
Soft Spoken Word
8,000
Zawaya
311 41st Avenue
San Mateo
,
CA
94403
N/A
PC
A Stitch in Time for Palestine
25,000
First ExposuresTide Center
PO Box 881971
San Francisco
,
CA
94188
N/A
PC
General Support
6,000
ABD Productions
3574 22nd Street
San Francisco
,
CA
94114
N/A
PC
SKYWATCHERS - At the Table
18,000
Central Works
2315 Durant Avenue
Berkeley
,
CA
94704
N/A
PC
The Lady Matardor's Hotel
7,000
Community Music Center
544 Capp Street
San Francisco
,
CA
94110
N/A
PC
Young Musicians Program - tuition free program with SFUSD for 100 SF students for music curriculum aligned with CA VAPA (Visual and Performing Arts) standards.
10,000
Epiphany Productions Sonic Dance Th
901 Mission Street 306
San Francisco
,
CA
94103
N/A
PC
San Francisco Trolley Dances - Kids on Track Program - site specific dance from N streetcar line to Golden Gate Park.
7,000
Gritty City Repertory Youth Theatre
1540 Broadway
Oakland
,
CA
94612
N/A
PC
Oakland Youth Theater Company - supports 14-22 year olds from Oakland to build theater skills and community through rigorous training and performance.
8,000
Kitka Inc
1201 Martin Luther King Jr Way
Oakland
,
CA
94612
N/A
PC
General Operating Grant to support concert series, vocal workshops and leadership of community choruses, touring, programs in schools and more.
20,000
Luna Dance Institute
605 Addison Street
Berkeley
,
CA
94710
N/A
PC
Luna Dance Institute - Oakland School & Community Alliances supports dance education partnerships with schools.
7,500
Opera Parallle
44 Page Street
San Francisco
,
CA
94102
N/A
PC
Harvey Milk
15,000
Pacifica Historical Society
1850 Francisco Blvd
Pacifica
,
CA
94044
N/A
PC
Biography Project
4,900
Ragazzi Boys' Chorus
178-A Clinton Street
Redwood City
,
CA
94062
N/A
PC
FTAP Program
9,000
Theatre of Yugen
2840 Mariposa Street
San Francisco
,
CA
94110
N/A
PC
Kuogen Season
15,000
Women's Audio Mission
542-544 Natoma Street
San Francisco
,
CA
94103
N/A
PC
Girls on the Mic -Creative Technology Training for Girls serving 850 underserved SF/Bay Area girls from 11-18 years with music production and recording arts training.
6,000
Oakland School for the Arts
530 18th Street
Oakland
,
CA
94612
N/A
PC
Step it Up - a free after school arts program to connect students in underserved Oakland public schools with specialized arts instruction.
7,500
Cutting Ball Theater
277 Taylor Street
San Francisco
,
CA
94102
N/A
PC
Cutting Ball Theatre Education Program
12,500
826 Valencia
826 Valencia Street
San Francisco
,
CA
94110
N/A
PC
In School Program
8,000
Alonzo King Lines Ballet
26 7th St 5
San Francisco
,
CA
94103
N/A
PC
Education Program Scholarships
12,500
Ars Minerva
3983 Cesar Chavez
San Francisco
,
CA
94131
N/A
PC
Ifigenia in Aulide
10,000
Bay Area Girls Rock Camp
1305 Franklin St 510
Oakland
,
CA
94612
N/A
PC
Girls' Rock After School Program
7,000
Bay Area Music Project
2532 Santa Clara Ave Suite 348
Alameda
,
CA
94501
N/A
PC
After School Music Program
6,500
California Music Center
PO Box 460095
San Francisco
,
CA
94146
N/A
PC
Klein Laureates Project
6,000
Crowded Fire Theater Company
1695 18th St C101 Annex
San Francisco
,
CA
94107
N/A
PC
Premiere At the Periphery
12,500
Deborah Slater Dance Theater
3435 Cesar Chavez 210
San Francisco
,
CA
94110
N/A
PC
A Seat at the Table
9,500
Each One Reach One
6702 9TH ST
Lubbock
,
TX
79416
N/A
PC
The Playwriting Program
7,500
Intermusic SF
1448 Market Street
San Francisco
,
CA
94102
N/A
PC
Quinteto Latino
7,500
Little Opera
2830 20TH Street Suite 201
San Francisco
,
CA
94110
N/A
PC
After School Program
8,500
Living Jazz
1728 San Pablo Ave
Oakland
,
CA
94612
N/A
PC
Jam Camp Scholarships Pro
10,000
Mixed Bag Productions
499 Alabama St
San Francisco
,
CA
94110
N/A
PC
RAIN/Vortex
7,500
Montalvo Arts Center
PO Box 158
Saratoga
,
CA
95071
N/A
PC
Arts Ed Program for youth/educators
7,000
Pacifica School District
3001Janes Road
Arcata
,
CA
95521
N/A
PC
Making Music Across Pacifica
11,293
Playwrights Foundation
1616 16th St Ste 350
San Francisco
,
CA
94103
N/A
PC
42nd Bay Area Playwrights Festival
12,500
Ragged Wing Ensemble
1540 Broadway
Oakland
,
CA
94612
N/A
PC
Resident Company Program
10,000
SF International Arts Festival
870 Market St Ste 1256
San Francisco
,
CA
94102
N/A
PC
2019 Festival Marketing/PR
10,000
San Francisco Performances
500 Sutter St Ste 710
San Francisco
,
CA
94102
N/A
PC
Music Ed/Artist in Residence
7,500
San Francisco Youth Theater
2781 24th Street
San Francisco
,
CA
94110
N/A
PC
SF Youth Theater
10,000
The University Corporation
18111 Nordhoff St
Northridge
,
CA
91330
N/A
PC
Mazza Writer in Residence
10,000
3Girls Theatre Company
1034 Kearny Street
San Francisco
,
CA
94133
N/A
PC
GirlWrights Playwrighting Workshop
7,500
Art Forces
2633 Telegraph Avenue Suite 405
Oakland
,
CA
94612
N/A
PC
For EYES / Silwan
2,000
Art Forces
2633 Telegraph Avenue Suite 405
Oakland
,
CA
94612
N/A
PC
Our Streets: My Home is
5,000
ARTogether
2749 Arlington Boulevard
El Cerrito
,
CA
94530
N/A
PC
Oakland Int'l School After School program
7,500
Brava for Women in the Arts
2781 24th Street
San Francisco
,
CA
94110
N/A
PC
Mission Academy of Performing Arts
10,000
Circuit Network
499 Alabama Street 203
San Francisco
,
CA
94110
N/A
PC
Utopia Maldita
5,000
inkBoat
1639 18th Street
San Francisco
,
CA
94107
N/A
PC
A Storm in My House
7,000
Kronos Performing Arts Association
1242 9th Avenue
San Francisco
,
CA
94122
N/A
PC
REMIX
7,500
Left Coast Chamber Ensemble
55 Taylor Street
San Francisco
,
CA
94102
N/A
PC
Sharaku Unframed
8,000
Lieder ALIVE
14 Imperial Avenue
San Francisco
,
CA
94123
N/A
PC
Liederabend
4,000
Magic Theatre
2 Marina Blvd Building D
San Francisco
,
CA
94123
N/A
PC
Playwright Residencies
17,500
Margaret Jenkins Dance Company
507 Polk Street Suite 320
San Francisco
,
CA
94102
PC
Trace Figures
7,000
Pacifica Coop Nursery School
548 Carmel Avenue
Pacifica
,
CA
94044
N/A
PC
Rainbow Fest
100
Pacifica Performances
1220 A Linda Mar Blvd
Pacifica
,
CA
94044
N/A
PC
General Support
7,000
Paul Dresher Ensemble
55 Taylor Street
San Francisco
,
CA
94102
N/A
PC
DEAR Artist Residency
7,000
Performing Arts Workshop
1661 Tennessee Street Unit 3-O
San Francisco
,
CA
94107
N/A
PC
General Support
5,000
San Francisco Arts Education Projec
135 Van Ness Avenue
San Francisco
,
CA
94102
N/A
PC
2020 Vision/Expansion CAP Minnesota Street Project
7,000
San Francisco Chamber Orchestra Inc
601 Van Ness Avenue Suite -517
San Francisco
,
CA
94102
N/A
PC
Very First Concerts & Family Concerts
8,000
San Francisco Girls Chorus
44 Page Street Suite 200
San Francisco
,
CA
94102
N/A
PC
Music Ed and Performance Programs
13,000
SFJAZZ
44 Page Street Suite 200
San Francisco
,
CA
94102
N/A
PC
Jazz in Session
7,000
Spindrift School of Performing Arts
PO Box 891
Pacifica
,
CA
94044
N/A
PC
General Support
7,000
Story Center
1250 Addison Street 103
Berkeley
,
CA
94702
N/A
PC
Story Center
7,000
Theatre Bay Area
1119 Market Street
San Francisco
,
CA
94103
N/A
PC
EDI: Ongoing Integration into TBA Core Programs
12,500
Yerba Buena Arts Events
760 Howard Street
San Francisco
,
CA
94103
N/A
PC
Children's Garden Series
12,000
Young Audiences of Northern Califor
125A Stillman Street
San Francisco
,
CA
94107
N/A
PC
Art Access for All
7,000
Freight Salvage
2020 Addison Stree
Berkeley
,
CA
94704
N/A
PC
Diaspora Concert Series
9,000
Piedmont East Bay Children's Choir
1695 18th Street C101
San Francisco
,
CA
94107
N/A
PC
Scholarship & Awareness Building
9,000
Total
.................................
3a
822,293
b
Approved for future payment
Total
.................................
3b
Form
990-PF
(2019)
Form 990-PF (2019)
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.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
Book Sales
20
b
Castle Fees
2,925
c
Docent Tours
7,262
d
Music Salons
9,210
e
f
g
Fees 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
189,066
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
8
Gain or (loss) from sales of assets other than
inventory
............
18
276,898
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
Income from LLC's
16
41,368
b
Miscellaneous Income
20
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
507,332
19,437
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
526,769
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
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.)
1a
Book Sales
1b
Castle Fees
1c
Docent Tours
1d
Music Salons
11b
Miscellaneous Income
Form
990-PF
(2019)
Form 990-PF (2019)
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?
...........
Yes
No
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.
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2019)
Additional Data
Software ID:
19009920
Software Version:
2019v5.0
Form 990PF - Special Condition Description:
Special Condition Description