| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 46,525 | 23,262 | 23,263 |
| 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 |
|---|
| Identifier | Return Reference | Explanation |
|---|---|---|
| SECTION 4942(h)(2) | FORM 990PF, PART XIII, LINE 4B - Section 4942(h)(2) Election | Election Permitting Private Foundation to Avoid Excise Tax for Failure to Distribute Income IRC Section 4942(h)(2) Section 4942(h)(2) Election Chan Soon-Shiong Family Foundation, elects pursuant to Section 4942(h)(2) of the Internal Revenue Code and Reg. 53.4942(a)-3(d)(2) to treat qualifying distributions for the current tax year ended 09/30/2019, in excess of the undistributed income of the immediately preceding taxable year as being made from the Chan Soon-Shiong Family Foundation as follows: Income Tax Year Amount Investment 2016 51,386. _______ TOTAL 51,386. SIGNED ELECTION IS ATTACHED. |
| FORM 990PF, PART XIII, LINE 2 - UNDISTRIBUTED INCOME AS OF THE END OF 2018 | FORM 990PF, PART XIII, LINE 2 - UNDISTRIBUTED INCOME AS OF 2018 | As of September 2019, Chan Soon-Shiong Family Foundation was not using for an exempt purpose its Jungfrau painting by Anhelm Kiefer, which the foundation acquired on September 8, 2017. Since the painting is now deemed to be a nonexempt purpose asset, the foundation is including the lesser of the fair market value, as of September 30, 2019, or the purchase price of the painting in its distributable amount, when determining its undistributed income for purposes of IRC 4942(a) for the immediately preceding year. |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 226,337 SHS AB HIGH INCOME MUN | 2,466,861 | 2,682,096 |
| 245,933 SHS AMG MANAGERS DBL | 2,528,186 | 2,641,315 |
| 153,084 SHS ANGEL OAK MULTI | 1,685,458 | 1,693,112 |
| 223,931 SHS BLACKROCK TOT RET | 2,536,400 | 2,675,981 |
| 164,918 SHS BNY MELLON GLOBAL | 3,506,149 | 3,656,222 |
| 577,754 SHS COLUMBIA US GOVT. | 0 | 0 |
| 465,641 SHS DELAWARE POOLED TR | 0 | 0 |
| 149,850 SHS DREYFUS/STANDISH | 0 | 0 |
| 65,979 SHS FIRST TRUST | 3,370,867 | 3,430,248 |
| 126,631 SHS GUGGENHEIM | 3,370,915 | 3,476,019 |
| 211,437 SHS HOTCHKIS & WILEY H | 2,663,601 | 2,418,843 |
| 195,356 SHS LOOMIS SAYLES BOND | 2,770,967 | 2,670,515 |
| 832,575 SHS LORD ABBETT SHORT | 3,692,892 | 3,505,142 |
| 288,962 SHS METROPOLITAN WEST | 0 | 0 |
| 241,659 SHS NEUBERGER BERMAN | 2,522,433 | 2,658,253 |
| 27,430 SHS ISHARES CORE US AGG | 0 | 0 |
| 344,322 SHS VOYA INTERMEDIATE | 3,370,915 | 3,594,725 |
| 310,977 SHS WESTERN ASSET SHOR | 1,908,140 | 1,629,520 |
| 239,689 SHS AMG MANAGERS SHORT | 2,310,491 | 2,250,676 |
| 465,641 SHS DELAWARE LIMITED | 3,978,729 | 3,864,821 |
| 1,041,969 SHS JANUS SHORT TERM | 3,174,259 | 3,146,748 |
| 315,967 SHS JP MORGAN LIMITED | 3,165,663 | 3,191,273 |
| 274,878 SHS LOOMIS SAYLES LTD | 3,184,270 | 3,128,106 |
| 530,099 SHS MFS LTD MATURITY | 3,185,564 | 3,175,296 |
| 285,121 SHS NUVEEN LIMITED TRM | 3,177,672 | 3,181,947 |
| 239,056 SHS THORNBURG LTD TERM | 3,177,914 | 3,131,628 |
| 677,878 SHS VIRTUS MULTI SECT | 3,323,943 | 3,199,583 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 265,786 SHS CELGENE CORP COM | 7,699,156 | 26,392,550 |
| 1,301,000 SHS CELGENE CORP CVR | 0 | 741,570 |
| 38,725.521 SHS PROMETIC LIFE | 85,525,001 | 402,463 |
| TAX BASIS $7,590,475 | ||
| 5,618,326 SHS NANTKWEST INC | 34,103,239 | 6,854,358 |
| 8,940 SHS AMERICAN ELECTRIC | 503,395 | 837,589 |
| 20,300 SHS AT&T INC | 653,775 | 768,152 |
| 808 SHS BLACKROCK INC | 238,773 | 360,077 |
| 26,167 SHS CENTURYLINK INC | 596,609 | 326,564 |
| 8,120 SHS CHEVRON CORP | 622,067 | 963,032 |
| 18,457 SHS CISCO SYSTEMS INC | 478,592 | 911,960 |
| 3,933 SHS CORTEVA INC | 86,346 | 110,124 |
| 13,437 SHS CONOCOPHILLIPS | 623,211 | 765,640 |
| 11,801 SHS DOWDUPONT INC | 0 | 0 |
| 3,933 SHS DOW INC | 155,955 | 187,408 |
| 3,933 SHS DUPONT DE NEMOURS | 238,010 | 280,462 |
| 7,857 SHS EXXON MOBIL CORP | 574,385 | 554,783 |
| 36,206 SHS FORD MOTOR CO | 479,293 | 331,647 |
| 19,444 SHS GENERAL ELECTRIC | 478,814 | 173,829 |
| 16,432 INTEL CORP | 479,641 | 846,741 |
| 12,661 INTERNATIONAL PAPER CO | 479,807 | 529,483 |
| 5,162 SHS MERCK AND CO INC | 251,233 | 434,537 |
| 16,192 SHS PFIZER INC | 502,433 | 581,779 |
| 20,415 SHS PPL CORPORATION | 655,456 | 642,868 |
| 6,613 SHS PROCTER & GAMBLE CO | 479,291 | 822,525 |
| 14,803 SHS VERIZON COMMUNICATI | 653,497 | 893,509 |
| 23,492 SHS STARWOOD PPTY TR IN | 480,399 | 568,976 |
| 104 SHS WABTEC | 8,118 | 7,473 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 37,150 | 9,287 | 27,863 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ARTWORK FOR CHARITABLE USE | 1,378,125 | 1,378,125 | 1,378,125 |
| Description | Amount |
|---|---|
| DELAWARE DIVERSIFIED - BASIS ADJUSTMENTS | 28,492 |
| VIRTUS NEWFLEET - BASIS ADJUSTMENTS | 3,928 |
| ROUNDING/OTHER ADJUSTMENTS | 65 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES/FEES - ML-07341 | 150 | 75 | 75 | |
| FEES - ML-04269 | 68,852 | 68,852 | 0 | |
| FEES - ML-02028 | 45,060 | 45,060 | 0 | |
| FEES - JPM - REFUND | -30 | -30 | 0 | |
| FILING FEES - CA ATTORNEY GEN. | 150 | 0 | 150 | |
| CA SECRETARY OF STATE | 25 | 0 | 25 | |
| STORAGE - ART HELD FOR CHAR. | 7,105 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL | 250,000 | 0 | 0 | |
| CALIFORNIA | 10 | 0 | 10 |