-
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
WILLIAMS-CORBETT FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)
PO BOX 50340
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SANTA BARBARA
,
CA
93150
A Employer identification number
77-6150330
B
Telephone number (see instructions)
(805) 884-4334
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)
$
22,398,455
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)
848,314
2
Check
.............
3
Interest on savings and temporary cash investments
130,807
130,807
130,807
4
Dividends and interest from securities
...
447,405
447,405
447,405
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
510,042
b
Gross sales price for all assets on line 6a
6,758,161
7
Capital gain net income (from Part IV, line 2)
...
510,042
8
Net short-term capital gain
.........
46,424
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)
.......
21,904
12
Total.
Add lines 1 through 11
........
1,958,472
1,088,254
624,636
13
Compensation of officers, directors, trustees, etc.
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
16a
Legal fees (attach schedule)
.........
b
Accounting fees (attach schedule)
.......
28,052
28,052
c
Other professional fees (attach schedule)
....
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
39,944
39,944
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
144,381
144,381
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
212,377
212,377
0
25
Contributions, gifts, grants paid
.......
815,727
815,727
26
Total expenses and disbursements.
Add lines 24 and 25
1,028,104
212,377
815,727
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
930,368
b
Net investment income
(if negative, enter -0-)
875,877
c
Adjusted net income
(if negative, enter -0-)
...
624,636
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
.............
307,996
382,019
382,019
2
Savings and temporary cash investments
.........
3
Accounts receivable
Less: allowance for doubtful accounts
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)
1,790,926
2,065,033
2,084,969
b
Investments—corporate stock (attach schedule)
.......
7,608,628
6,784,522
8,205,550
c
Investments—corporate bonds (attach schedule)
.......
4,912,903
4,475,600
4,786,663
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
3,937,910
5,781,557
6,939,254
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
18,558,363
19,488,731
22,398,455
17
Accounts payable and accrued expenses
..........
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)
.........
0
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
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
18,558,363
19,488,731
29
Total net assets or fund balances
(see instructions)
.....
18,558,363
19,488,731
30
Total liabilities and net assets/fund balances
(see instructions)
.
18,558,363
19,488,731
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
18,558,363
2
Enter amount from Part I, line 27a
.....................
2
930,368
3
Other increases not included in line 2 (itemize)
3
4
Add lines 1, 2, and 3
..........................
4
19,488,731
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
19,488,731
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
7,000.000 TDTF - MFC FLEXSHARES TR IBOXX 5 YR TARGET DURATION TIPS INDEX FD IBOXX 5 YR TARGETDU
P
2012-08-30
2019-01-18
b
7,000.000 TDTT - MFC FLEXSHARES TR IBOXX 3 YR TARGET DURATION TIPS INDEX FD TR IBOXX 3 YR TA
P
2012-08-30
2019-01-18
c
30,000.000 46625HJR2 - JPMORGAN CHASE & CO 2.35% DUE 01-28-2019REG
P
2014-05-27
2019-01-28
d
35,000.000 035242AP1 - ANHEUSER-BUSCH INBEV FIN INC 3.65% DUE 02-01-2026/01-25-2016 REG
P
2016-05-27
2019-02-11
e
25,000.000 9128283P3 - UNITED STATES TREAS NTS 2.375% 12-31-2024
P
2018-01-23
2019-02-11
25,000.000 037833CR9 - APPLE INC 3.2% DUE 05-11-2027/05-11-2017REG
P
2017-05-08
2019-02-14
75,000.000 912828W89 - UNITED STATES TREAS NTS DTD 03/31/2017 1.875% DUE 03-31-2022 REG
P
2019-01-09
2019-03-05
30,000.000 828807CX3 - SIMON PPTY GROUP L P 2.5% DUE 07-15-2021/01-13-2016 REG
P
2016-01-08
2019-03-12
75,000.000 9128284Y3 - US TREAS NTS DTD 08-31-2018 2.5% DUE 08-31-2020 REG
P
2019-01-09
2019-04-03
25,000.000 69349LAG3 - PNC BK N A PITTSBURGH PA 2.7% DUE 11-01-2022
P
2012-10-26
2019-04-16
25,000.000 45866FAE4 - INTERCONTINENTAL EXCHANGE INC 2.35% DUE 09-15-2022/08-17-2017 REG
P
2017-08-10
2019-04-17
35,000.000 26884ABA0 - ERP OPER LTD PARTNERSHIP 3.0% DUE 04-15-2023
P
2018-11-02
2019-04-17
1,851.700 DFEVX - MFO DFA EMERGING MARKETS VALUE
P
2012-01-24
2019-04-26
8,460.240 DFIVX - MFO DIMENSIONAL FD ADVISORS INTL VALUE PORTFOLIO
P
2012-10-31
2019-04-26
3,311.810 DFEVX - MFO DFA EMERGING MARKETS VALUE
P
2013-04-22
2019-04-26
1,220.000 IWN - MFC ISHARES TR RUSSELL 2000 VALUE ETF
P
2017-02-01
2019-04-26
25,000.000 912828G38 - US TREASURY N/B 2.25% 11-15-2024
P
2014-12-23
2019-04-29
25,000.000 912828G53 - UNITED STATES TREAS NTS DTD 11/30/2014 1.875% DUE 11-30-2021 REG
P
2014-12-23
2019-04-29
25,000.000 9128282R0 - UNITED STATES TREAS BDS 2.25% DUE 08-15-2027
P
2017-09-11
2019-04-29
25,000.000 05531FAB9 - BB&T CORP SR MEDIUM TERM NTS BOOK ENTRY TRANCHE # TR 00002 6.85% DUE 04-30-20
P
2013-04-11
2019-04-30
25,000.000 9128284C1 - US TREAS NTS DTD 03-31-2018 2.25% DUE 03-31-2020 REG
P
2019-01-09
2019-05-14
30,000.000 MTN1 - TOYOTA MTR CR CORP 3.4% 09-15-2021
P
2015-05-04
2019-05-16
50,000.000 CMO1 - FEDERAL HOME LN MTG CORP PREASSIGN 000791.75% DUE 05-30-2019 REG
P
2015-05-04
2019-05-30
50,000.000 912828SX9 - UNITED STATES TREAS NTS DTD 00406 1.125%DUE 05-31-2019 REG
P
2017-07-11
2019-05-31
25,000.000 SPCL1 - STATE STREET CORPORATION 3.1% DUE 05-15-2023 REG
P
2013-05-08
2019-06-05
35,000.000 55279HAK6 - MFRS & TRADERS TR CO BK NT PROGRAM 2.9% DUE 02-06-2025/01-06-2025 BEO
P
2015-02-11
2019-06-05
35,000.000 808513AL9 - SCHWAB CHARLES CORP NEW 3.0% DUE 03-10-2025
P
2015-03-03
2019-06-06
35,000.000 801060AC8 - SANOFI S A 3.375% DUE 06-19-2023/06-19-2018 REG
P
2018-06-12
2019-06-07
15,000.000 06051GHQ5 - BANK AMER CORP 3.974% 02-07-2030
P
2019-02-04
2019-06-10
50,000.000 FNMAB - FNMA FNMA 1.75% DUE 06-20-2019 REG
P
2014-05-27
2019-06-20
40,000.000 191216BW9 - COCA COLA CO 2.55% DUE 06-01-2026 REG
P
2016-05-25
2019-06-21
50,000.000 13607RAD2 - CANADIAN IMPERIAL BK COMM TORONTO BRH 3.5% DUE 09-13-2023 REG
P
2018-09-06
2019-06-27
50,000.000 912828WS5 - UNITED STATES TREAS NTS 1.625% DUE 06-30-2019
P
2014-07-11
2019-07-01
75,000.000 SPCL1 - MEDTRONIC GLOBAL HLDGS 3.35% 04-01-2027
P
2019-01-09
2019-07-12
75,000.000 3137EAEB1 - FEDERAL HOME LN MTG CORP FREDDIE MAC .875% 07-19-2019 .875% DUE 07-19-2019 RE
P
2016-09-13
2019-07-19
25,000.000 912828VB3 - UNITED STATES OF AMERICA TBOND 1.75% 05-15-2023
P
2013-06-18
2019-07-24
15,000.000 46647PBD7 - JPMORGAN CHASE & CO 3.702% 05-06-2030
P
2019-04-29
2019-07-24
25,000.000 912828VB3 - UNITED STATES OF AMERICA TBOND 1.75% 05-15-2023
P
2019-06-05
2019-07-24
60,000.000 452308AT6 - ILLINOIS TOOL WKS INC 3.5% DUE 03-01-2024 REG
P
2018-04-03
2019-07-31
8,536.110 DFEVX - MFO DFA EMERGING MARKETS VALUE
P
2012-01-24
2019-08-09
18,975.330 DFREX - MFO DFA INVT DIMENSIONS GROUP INC REAL ESTATE SECS PORTFOLIO
P
2012-05-07
2019-08-09
210.49 DFEVX - MFO DFA EMERGING MARKETS VALUE
P
2012-12-13
2019-08-09
1,268.870 DFREX - MFO DFA INVT DIMENSIONS GROUP INC REAL ESTATE SECS PORTFOLIO
P
2013-04-22
2019-08-09
560.23 DFEVX - MFO DFA EMERGING MARKETS VALUE
P
2013-12-12
2019-08-09
23.75 DFEVX - MFO DFA EMERGING MARKETS VALUE
P
2013-12-12
2019-08-09
37,821.480 NHFIX - MFB NORTHERN HIGH YIELD FIXED INCOME FUND
P
2016-02-02
2019-08-09
1,133.000 TLTE - MFC FLEXSHARES TR MORNINGSTAR EMERG MKTSFACT
P
2016-05-04
2019-08-09
69.07 DFREX - MFO DFA INVT DIMENSIONS GROUP INC REAL ESTATE SECS PORTFOLIO
P
2017-12-14
2019-08-09
22.07 DFREX - MFO DFA INVT DIMENSIONS GROUP INC REAL ESTATE SECS PORTFOLIO
P
2017-12-14
2019-08-09
13,802.000 TLTE - MFC FLEXSHARES TR MORNINGSTAR EMERG MKTSFACT
P
2018-01-03
2019-08-09
561 TLTE - MFC FLEXSHARES TR MORNINGSTAR EMERG MKTSFACT
P
2018-01-03
2019-08-09
62,193.890 NOFIX - MFB NORTHERN FUNDS FIXED INCOME FD
P
2008-05-23
2019-08-16
19,660.240 NOFIX - MFB NORTHERN FUNDS FIXED INCOME FD
P
2009-04-15
2019-08-16
60,790.270 NHFIX - MFB NORTHERN HIGH YIELD FIXED INCOME FUND
P
2016-02-02
2019-08-16
165.04 NOFIX - MFB NORTHERN FUNDS FIXED INCOME FD
P
2019-08-16
2019-08-16
25,000.000 084664BT7 - BERKSHIRE HATHAWAY FIN CORP 3.0% DUE 05-15-2022 REG
P
2012-05-08
2019-08-27
25,000.000 110122AT5 - BRISTOL MYERS SQUIBB CO 2.0% DUE 08-01-2022 REG
P
2012-07-26
2019-09-04
20,000.000 MTN1 - CATERPILLAR FINL SVCS CORP MEDIUM TERM NTRANCHE # TR 00781 3.15% DUE 09-07-2021
P
2018-09-04
2019-09-04
15,000.000 MTN1 - DEERE JOHN CAP CORP MEDIUM TERM 3.125% 09-10-2021 REG
P
2018-09-05
2019-09-04
10,000.000 828807CW5 - SIMON PPTY GROUP L P 3.3% DUE 01-15-2026/01-13-2016 REG
P
2016-02-09
2019-09-05
10,000.000 828807CW5 - SIMON PPTY GROUP L P 3.3% DUE 01-15-2026/01-13-2016 REG
P
2016-02-09
2019-09-05
15,000.000 828807CW5 - SIMON PPTY GROUP L P 3.3% DUE 01-15-2026/01-13-2016 REG
P
2016-02-09
2019-09-05
20,000.000 91324PDP4 - UNITEDHEALTH GROUP INC 3.875% DUE 12-15-2028 REG
P
2018-12-13
2019-09-05
20,000.000 57636QAM6 - MASTERCARD INC 2.95% DUE 06-01-2029/05-31-2019 REG
P
2019-05-28
2019-09-05
30,000.000 57636QAM6 - MASTERCARD INC 2.95% DUE 06-01-2029/05-31-2019 REG
P
2019-05-28
2019-09-05
30,000.000 MTN1 - BB&T CORP MEDIUM TERM NTS 3.05% 06-20-2022
P
2019-03-11
2019-09-09
50,000.000 459200KA8 - INTERNATIONAL BUSINESS MACHS CORP 3.5% 05-15-2029 REG
P
2019-05-08
2019-09-09
40,000.000 713448DN5 - PEPSICO INC 2.375% DUE 10-06-2026/07-06-2026 REG
P
2016-10-04
2019-09-11
10,000.000 713448DN5 - PEPSICO INC 2.375% DUE 10-06-2026/07-06-2026 REG
P
2016-10-04
2019-09-11
40,000.000 FFCB1 - FEDERAL FARM CR BKS CONS SYSTEMWIDE BDS TRANCHE 00074 2.44% DUE 06
P
2016-05-27
2019-09-13
20,000.000 87612EBH8 - TARGET CORP FIXED 3.375% 04-15-2029
P
2019-03-18
2019-09-18
35,000.000 09247XAL5 - BLACKROCK INC 3.5% DUE 03-18-2024 REG
P
2015-02-10
2019-09-24
35,000.000 983919AH4 - XILINX INC 3.0% DUE 03-15-2021 REG
P
2015-10-05
2019-09-24
50,000.000 097023CD5 - BOEING CO 3.2% DUE 03-01-2029/02-15-2019REG
P
2019-02-13
2019-09-24
15,000.000 88579YBA8 - 3M CO 3.0% DUE 09-14-2021/09-14-2018 REG
P
2018-09-11
2019-10-03
50,000.000 9128286B1 - UNITED STATES TREAS NTS 2.625% DUE 02-15-2029 REG
P
2019-02-11
2019-10-11
20,000.000 MTN1 - BANK NEW YORK MELLON CORP MEDIUM TERM 3.45% 08-11-2023
P
2018-09-19
2019-10-18
50,000.000 MTN1 - BANK NEW YORK MELLON CORP MEDIUM TERM SRNT BOOK ENTRY 3.4% 01-29-2028
P
2018-12-07
2019-10-18
25,000.000 78013XW20 - ROYAL BK CANADA 3.7% 10-05-2023
P
2018-10-01
2019-10-22
50,000.000 FNMAB - FNMA TRANCHE 00698 1.0% DUE 10-24-2019 REG
P
2017-05-25
2019-10-24
1,010.000 IWN - MFC ISHARES TR RUSSELL 2000 VALUE ETF
P
2013-04-22
2019-10-29
622 IWN - MFC ISHARES TR RUSSELL 2000 VALUE ETF
P
2017-02-01
2019-10-29
30,000.000 438516BU9 - HONEYWELL INTL INC 2.7% DUE 08-15-2029/08-08-2019 REG
P
2019-07-30
2019-10-29
20,000.000 438516BU9 - HONEYWELL INTL INC 2.7% DUE 08-15-2029/08-08-2019 REG
P
2019-07-31
2019-10-29
75,000.000 20030NCS8 - COMCAST CORP NEW 3.95% 10-15-2025
P
2018-10-02
2019-10-30
50,000.000 961214DQ3 - WESTPAC BANKING CORPORATION 2.5% DUE 06-28-2022 REG
P
2017-07-13
2019-11-12
40,000.000 FFCB1 - FEDERAL FARM CR BKS CONS SYSTEMWIDE BDS 2.23% 06-06-2024 REG
P
2016-06-02
2019-11-26
25,000.000 912828UB4 - UNITED STATES TREAS NTS 1.0% DUE 11-30-2019
P
2012-12-12
2019-12-02
50,000.000 9128283H1 - UTD STATES TREAS 1.75% 11-30-2019
P
2017-12-21
2019-12-02
50,000.000 9128283N8 - UNITED STATES TREAS NTS 1.875% 12-31-2019
P
2018-01-22
2019-12-31
MAKENA CAPITAL
P
2001-01-01
2019-01-01
MAKENA CAPITAL
P
2019-01-01
2019-01-01
MAKENA CAPITAL
P
2001-01-01
2019-01-01
PRIVATE EQUITY CORE FUND III
P
2019-01-01
2019-01-01
PRIVATE EQUITY CORE FUND III
P
2001-01-01
2019-01-01
(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
168,820
181,733
-12,913
b
166,930
176,388
-9,458
c
30,000
30,371
-371
d
33,948
36,608
-2,660
e
24,627
24,598
29
24,729
25,042
-313
73,564
73,455
109
29,779
29,975
-196
75,229
74,977
252
24,758
25,078
-320
24,599
24,943
-344
35,233
34,181
1,052
53,792
53,477
315
150,000
132,995
17,005
96,208
96,208
150,999
143,501
7,498
24,864
25,104
-240
24,750
24,768
-18
24,556
25,306
-750
25,000
32,109
-7,109
24,977
24,914
63
30,560
32,063
-1,503
50,000
50,746
-746
50,000
50,000
25,505
24,960
545
35,504
34,826
678
35,524
34,853
671
36,276
34,939
1,337
15,698
15,000
698
50,000
50,180
-180
40,309
39,993
316
52,260
49,914
2,346
50,000
49,965
35
80,132
73,605
6,527
75,000
74,683
317
24,950
24,593
357
15,843
15,000
843
24,950
24,940
10
62,993
61,075
1,918
223,305
246,523
-23,218
763,188
500,000
263,188
5,506
6,077
-571
51,034
37,482
13,552
14,656
15,199
-543
621
644
-23
250,000
237,141
12,859
54,289
48,277
6,012
2,778
2,448
330
888
782
106
661,344
845,787
-184,443
26,905
34,378
-7,473
648,682
605,769
42,913
205,056
205,056
400,000
381,155
18,845
1,721
1,721
25,839
24,808
1,031
25,204
24,629
575
20,497
19,985
512
15,364
14,995
369
10,513
10,107
406
10,513
10,135
378
15,769
15,149
620
22,214
19,931
2,283
21,179
19,993
1,186
31,769
29,959
1,810
30,683
29,999
684
53,575
49,875
3,700
40,461
40,042
419
10,115
10,011
104
40,000
40,000
21,459
19,998
1,461
37,463
36,659
804
35,425
35,661
-236
52,604
49,247
3,357
15,338
14,969
369
53,836
49,855
3,981
20,973
19,884
1,089
53,161
48,357
4,804
26,415
24,948
1,467
50,000
50,000
124,366
81,430
42,936
76,590
73,162
3,428
30,680
29,893
787
20,454
20,062
392
81,803
74,908
6,895
50,547
49,891
656
40,000
40,000
25,000
24,877
123
50,000
49,889
111
50,000
50,000
43,653
-43,653
8,570
8,570
55,227
55,227
709
-709
51,716
51,716
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
-12,913
b
-9,458
c
-371
d
-2,660
e
29
-313
109
-196
252
-320
-344
1,052
315
17,005
7,498
-240
-18
-750
-7,109
63
-1,503
-746
545
678
671
1,337
698
-180
316
2,346
35
6,527
317
357
843
10
1,918
-23,218
263,188
-571
13,552
-543
-23
12,859
6,012
330
106
-184,443
-7,473
42,913
205,056
18,845
1,031
575
512
369
406
378
620
2,283
1,186
1,810
684
3,700
419
104
1,461
804
-236
3,357
369
3,981
1,089
4,804
1,467
42,936
3,428
787
392
6,895
656
123
111
-43,653
8,570
55,227
-709
51,716
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
510,042
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
46,424
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
860,013
20,659,515
0.04163
2017
830,497
19,452,767
0.04269
2016
1,126,893
18,388,152
0.06128
2015
1,140,842
18,476,485
0.06175
2014
1,111,260
18,000,644
0.06173
2
Total
of line 1, column (d)
.....................
2
0.269085
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
0.053817
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
21,190,582
5
Multiply line 4 by line 3
......................
5
1,140,414
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
8,759
7
Add lines 5 and 6
........................
7
1,149,173
8
Enter qualifying distributions from Part XII, line 4
,.............
8
815,727
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
17,518
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
17,518
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
17,518
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
19,109
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
10,000
d
Backup withholding erroneously withheld
...........
6d
7
Total credits and payments. Add lines 6a through 6d
..............
7
29,109
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
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
11,591
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
11,591
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
N/A
14
The books are in care of
NORTHERN TRUST CO
Telephone no.
(805) 884-4334
Located at
PO BOX 22107
SANTA BARBARA
CA
ZIP+4
93121
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
A CARNEROS
Trustee
2.00
0
PO BOX 22107
SANTA BARBARA
,
CA
93121
AJ CARNEROS
Trustee
2.00
0
PO BOX 22107
SANTA BARBARA
,
CA
93121
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
...................
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
NONE
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
21,299,062
b
Average of monthly cash balances
.......................
1b
214,219
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
21,513,281
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
21,513,281
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
322,699
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
21,190,582
6
Minimum investment return.
Enter 5% of line 5
..................
6
1,059,529
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
1,059,529
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
17,518
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
17,518
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
1,042,011
4
Recoveries of amounts treated as qualifying distributions
................
4
5
Add lines 3 and 4
............................
5
1,042,011
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
1,042,011
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
815,727
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
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
815,727
5
Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
income. Enter 1% of Part I, line 27b. See instructions
.................
5
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
815,727
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
1,042,011
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
......
219,527
b
From 2015
......
233,630
c
From 2016
......
221,465
d
From 2017
......
e
From 2018
......
f
Total
of lines 3a through e
........
674,622
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
815,727
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
.....
815,727
e
Remaining amount distributed out of corpus
5
Excess distributions carryover applied to 2019.
226,284
226,284
(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
448,338
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
......
448,338
10
Analysis of line 9:
a
Excess from 2015
....
226,873
b
Excess from 2016
....
221,465
c
Excess from 2017
....
d
Excess from 2018
....
e
Excess from 2019
....
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:
William-Corbert Foundation
1485 East Valley Road
Montecito
,
CA
93108
(805) 565-7861
b
The form in which applications should be submitted and information and materials they should include:
Currently, there is no application for a grant. A Grant Request Letter is required, preferably on the non-profits letterhead with a list of names of the governing board. The Grant Request Letter shall be no more than three pages and shall be submitted with the following information:1.Name of organization requesting a grant.2.The phone number, name and title of the individual requesting the grant on behalf of the organization.3.Program name and/or purpose of grant.4.A brief explanation of the need for the project and how the grant will be used.5.Requested dollar amount, total cost of the project, and other sources of funding.6.A need by date or payment schedule.7.The expected duration of the project.8.A brief explanation of how this requested grant fulfills the Foundations Mission Statement above.9.The impact on the community served and how the impact will be measured. (For example, if a grant request of a $10,000 enables your organization to offer 10 under privileged youths ten weeks o
c
Any submission deadlines:
March 15th or September 15th
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
The Williams-Corbett Foundation may, at its discretion, approve a grant with certain conditions. (Such as for a matching grant, a challenge grant, or a grant awarded for a specified purposes).
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
A DIFFERENT POINT OF VIEW
PO BOX 6562
SANTA BARBARA
,
CA
93160
UNRELATED
N/A
TO SUPPORT AVIATION EXPLORATION PROGRAMS
10,000
ADVENTURES IN CARING
1528 CHAPALA STREET
SANTA BARBARA
,
CA
93101
UNRELATED
N/A
TO SUPPORT THE MEDICINE OF COMPASSION PROGRAM
15,000
BOXTALES THEATRE COMPANY
21 EAST CANON PERDIDO STREET
SANTA BARBARA
,
CA
93101
UNRELATED
N/A
TO SUPPORT TEEN SUMMER THEATRE CAMP
5,000
COMMUNITY COUNSELING CENTER
923 OLIVE STREET 1
SANTA BARBARA
,
CA
93101
UNRELATED
N/A
TO SUPPORT PLATICAS DE FAMILIA PROJECT
800
EXPLORE ECOLOGY
302 EAST COTA STREET
SANTA BARBARA
,
CA
93101
UNRELATED
N/A
TO HELP FUND CAPITAL GRANT FOR CAPACITY BUILDING
10,000
FOODBANK OF SANTA BARBARA COUNTY
1525 STATE STREET SUITE 100
SANTA BARBARA
,
CA
93101
UNRELATED
N/A
TO SUPPORT BROWN BAG PROGRAM FOR SENIORS
10,000
GIRLS INC OF GREATER SANTA BARBARA
531 EAST ORTEGA STREET
SANTA BARBARA
,
CA
93103
UNRELATED
N/A
TO SUPPORT EMERGENCY OPERATIONS PLAN
10,000
MARJORIE LUKE THEATRECOMMUNITY
721 EAST COTA STREET
SANTA BARBARA
,
CA
93103
UNRELATED
N/A
TO PARTIALLY SUPPORT COST OF INSTALLING NEW DIMMER SYSTEM
10,000
NEW HOUSE SANTA BARBARA
2434 BATH STREET
SANTA BARBARA
,
CA
93105
UNRELATED
N/A
TO PAINT 20 RESIDENT ROOMS AND SOME COMMON AREAS AT NEW HOUSE III
10,000
PAGE YOUTH CENTER
4540 HOLLISTER AVENUE
SANTA BARBARA
,
CA
93110
UNRELATED
N/A
TO HELP WITH SCHOLARSHIPS
10,000
TRANSITIONS-MENTAL HEALTH ASSOCIATI
784 HIGH STREET
SAN LUIS OBISPO
,
CA
93401
UNRELATED
N/A
FOR EMPLOYMENT OPPORTUNITIES FOR FARM IN SANTA MARIA
6,000
ALEXANDER HOUSE FOUNDATION
PO BOX 23642
SANTA BARBARA
,
CA
93121
UNRELATED
N/A
FOR RENTAL SUBSIDIES PROGRAM-SPECIAL GRANTS PROGRAM
10,000
BOYS GIRLS CLUBS OF SB
632 EAST CANON PERDIDO STREET
SANTA BARBARA
,
CA
93103
UNRELATED
N/A
FOR TRANSPORTATION PROGRAM NEW/USED 10 PASSENGER VAN
10,000
FAMILY SERVICE AGENCY
123 WEST GUTIERREZ STREET
SANTA BARBARA
,
CA
93101
UNRELATED
N/A
TO PAY FOR THREE (3) MENTAL HEALTH TRAINEES
16,000
FRIENDSHIP CENTER ADULT DAY SERVICE
89 EUCALYPTUS LN
MONTECITO
,
CA
93108
UNRELATED
N/A
TO SUPPORT THE H.E.A.R.T. PROGRAM.
10,000
GIRLS INC OF CARPINTERIA
5315 FOOTHILL ROAD
CARPINTERIA
,
CA
93013
UNRELATED
N/A
FOR FRESH FUTURES INITIATIVE
10,000
SANTA BARBARA DANCE INSTITUTE
1330 STATE STREET SUITE 207
SANTA BARBARA
,
CA
93101
UNRELATED
N/A
FOR NEW WEBSITE
10,000
SANTA BARBARA RESCUE MISSION
535 EAST YANONALI STREET
SANTA BARBARA
,
CA
93103
UNRELATED
N/A
FOR ROOF REPAIRS FOR BETHEL HOUSE WOMENS RECOVERY PROGRAM
15,000
SBCC FOUNDATION
721 CLIFF DRIVE
SANTA BARBARA
,
CA
93109
UNRELATED
N/A
TO SUPPORT RUNNING START PROGRAM
15,000
UNITY SHOPPE
1219 STATE STREET
SANTA BARBARA
,
CA
93101
UNRELATED
N/A
TO RESTOCK ON-HAND FOOD AND SUPPLIES
15,000
WESTMONT COLLEGE
955 LA PAZ ROAD
SANTA BARBARA
,
CA
93108
UNRELATED
N/A
FOR BRAVO! MUSIC EDUCATION PROGRAM
12,000
WOMEN'S ECONOMIC VENTURES
333 SOUTH SALINAS STREET
SANTA BARBARA
,
CA
93103
UNRELATED
N/A
FOR SMART ENTREPRENEURIAL TRAINING
10,000
CANCER FOUNDATION OF SANTA BARBARA
601 WEST JUNIPERO STREET
SANTA BARBARA
,
CA
93105
UNRELATED
N/A
GRANT REQUEST TO SUPPORT CONSTRUCTION OF NEW COMPREHENSIVE CANCER CENTER
50,000
ARTS WITHOUT LIMITS
816 CHELHAM WAY
MONTECITO
,
CA
93108
UNRELATED
N/A
TO HIRE A CONTRACTED ASSISTANT TO HELP
15,000
CALM
1236 CHAPALA STREET
SANTA BARBARA
,
CA
93101
UNRELATED
N/A
PURCHASE OF 65 NEW COMPUTERS WITH WINDOWS 10
10,000
COTTAGE REHABILITATION HOSPITAL
2415 DE LA VINA STREET
SANTA BARBARA
,
CA
93105
UNRELATED
N/A
TO HELP PROVIDE OUTPATIENT CHARITY CARE DURABLE MEDICAL EQUIPMENT, AND ASSISTIVE TECHNOLOGY
10,000
GOLETA EDUCATION FOUNDATION
PO BOX 1177
GOLETA
,
CA
93116
UNRELATED
N/A
TO SUPPORT PROFESSIONAL DEVELOPMENT SCHOLARSHIP FUND FOR TEACHERS
10,000
HOSPICE OF SANTA BARBARA
2050 ALAMEDA PADRE SERRA SUITE 100
SANTA BARBARA
,
CA
93103
UNRELATED
N/A
TO SUPPORT PATIENT CARE SERVICES PROGRAM
20,000
ORGANIC SOUP KITCHEN
315 MEIGS ROAD A369
SANTA BARBARA
,
CA
93109
UNRELATED
N/A
FOR ONE 60 GALLON STEAM JACKETED KETTLE
22,000
PATHPOINT
315 WEST HALEY STREET SUITE 202
SANTA BARBARA
,
CA
93101
UNRELATED
N/A
TO SUPPORT IMPROVEMENTS TO BEHAVIORAL HEALTH PROPERTIES
10,000
SAN MARCOS AAPLE FOUNDATION
4750 HOLLISTER AVENUE
SANTA BARBARA
,
CA
93110
UNRELATED
N/A
TO SUPPORT AAPLE ACADEMY
8,500
SANTA BARBARA NEIGHBORHOOD CLINICS
628 WEST MICHELTORENA STREET
SANTA BARBARA
,
CA
93101
UNRELATED
N/A
TO SUPPORT EASTSIDE FAMILY DENTAL CLINIC DENTAL PROGRAM
10,000
SANTA BARBARA SCHOOL OF SQUASH
1530 CHAPALA STREET
SANTA BARBARA
,
CA
93101
UNRELATED
N/A
TO SUPPORT GENERAL OPERATIONS
15,000
SANTA YNEZ VALLEY HISTORICAL MUSEUM
3596 SAGUNTO STREET
SANTA YNEZ
,
CA
93460
UNRELATED
N/A
TO PURCHASE EQUIPMENT FOR EVENTS/PROGRAMS/LECTURES/ARCHIVES/EDU
13,100
ST VINCENTS
4200 CALLE REAL
GOLETA
,
CA
93110
UNRELATED
N/A
FOR INFORMATION TECHNOLOGY UPGRADE FOR 4 COTTAGES
10,000
HEARTS THERAPEUTIC
PO BOX 30662
SANTA BARBARA
,
CA
93130
UNRELATED
N/A
TO SUPPORT HORSEPOWER OF HEROES PROGRAM
20,000
ROOSEVELT ELEMENTARY SCHOOL FD
1990 LAGUNA STREET
SANTA BARBARA
,
CA
93101
UNRELATED
N/A
TO SUPPORT THE CATALINA ISLAND MARINE INSTITUTE CAMP SCIENCE PROGRAM
10,000
SANTA BARBARA HISTORICAL MUSUEM
136 EAST DE LA GUERRA
SANTA BARBARA
,
CA
93101
UNRELATED
N/A
TO EXPAND EDUCATIONAL COMMUNITY PROGRAMMING
10,000
SANTA BARBARA SYMPHONY
1330 STATE STREET
SANTA BARBARA
,
CA
93101
UNRELATED
N/A
FOR INSTRUMENTS AND EQUIPMENT FOR YOUTH SYMPHONY
10,000
HILLSIDE HOUSE
1235 VERONICA SPRINGS ROAD
SANTA BARBARA
,
CA
93105
UNRELATED
N/A
FOR NEW WHEELCHAIR-ACCESSIBLE MINIVAN
10,000
INTERFAITH INITIATIVE OF SANTA BARB
1000 SAN ANTONIO CREEK ROAD
SANTA BARBARA
,
CA
93111
UNRELATED
N/A
TO PURCHASE USED TRUCK FOR SHOWERS OF BLESSING PROGRAM
30,063
LIFE STEPS FOUNDATION
5757 WEST CENTURY BLVD SUITE 880
LOS ANGELES
,
CA
90045
UNRELATED
N/A
TO SUPPORT SANTA MARIA WISDOM CENTER
10,000
LITTLE STAR PONY FOUNDATION
1036 ARBOLADO RD
SANTA BARBARA
,
CA
93103
UNRELATED
N/A
TO SUPPORT I AM SPECIAL PROJECT FOR 9 ELEMENTARY SCHOOLS
6,750
NATURETRACK
PO BOX 953
LOS OLIVOS
,
CA
93441
UNRELATED
N/A
FOR FOSTERING A LIFELONG FASCINATION WITH NATURE
5,000
SANTA BARBARA MUSEUM OF ART
1130 STATE ST
SANTA BARBARA
,
CA
93101
UNRELATED
N/A
TO SUPPORT YOUNG AT ART, ART EXPRESS, AND SPECIAL PROGRAMS
15,000
SANTA BARBARA PARTNERS IN EDUCATION
3970 LA COLINA ROAD 9
SANTA BARBARA
,
CA
93110
UNRELATED
N/A
TO SUPPORT INTERNSHIP PROGRAM-COORDINATOR SALARY
10,000
SBHS COMPUTER SCIENCE ACADEMY
700 E ANAPAMU STREET
SANTA BARBARA
,
CA
93103
UNRELATED
N/A
TO EQUIP ROBOTICS LAB
15,000
TEACHERS FUND
1250 COAST VILLAGE ROAD A
SANTA BARBARA
,
CA
93108
UNRELATED
N/A
TO PROVIDE SMALL GRANTS FOR TEACHERS
15,000
PARTNERS IN HOUSING SOLUTIONS
425 E COTA STREET
SANTA BARBARA
,
CA
93101
UNRELATED
N/A
TO HELP WITH EXPANSION OF VETERANS PROGRAM
15,000
VEGGIE RESCUE
PO BOX 1651
SANTA YNEZ
,
CA
93460
UNRELATED
N/A
FOR VEGGIE RESCUE EXPANSION
12,000
SAN MARCOS PARENT-CHILD WORKSHOPS
400 PUENTE DRIVE SUITE A
SANTA BARBARA
,
CA
93110
N/A
FOR PLAYGROUND SAFETY IMPROVEMENTS.
5,000
ATTERDAG VILLAGE OF SOLVANG
636 ATTERDAG RD
SOLVANG
,
CA
93463
N/A
TO PURCHASE NEW CONVECTION OVEN.
5,000
BOYS GIRLS CLUBS OF MID CENTRAL COA
901 N RAILROAD AVE
SANTA MARIA
,
CA
93458
N/A
TO HELP FUND POWER HOUR
10,000
SB REGION OF CATHOLIC CHARITIES OF
303 N VENTURA AVE SUITE A
VENTURA
,
CA
93013
N/A
TO SUPPORT COMMUNITY SERVICE AGENCIES OPERATING EXPENSE
20,000
CARE4PAWS
PO BOX 60524
SANTA BARBARA
,
CA
93160
N/A
FOR DOMESTIC VIOLENCE SUPPORT (TEMPORARY FOR PETS).
10,000
CARPINTERIA CHILDRENS PROJECT
5201 8TH ST
CARPINTERIA
,
CA
93013
N/A
TO PURCHASE TABLES AND CHAIRS FOR FAMILY RESOURCE CENTER
12,000
ARTS FOR HUMANITY
PO BOX 5473
RICHMOND
,
CA
94805
N/A
TO SUPPORT COMMUNITY ARTS PROGRAM
10,000
ATTERDAG AT HOME
636 ATTERDAG RD
SOLVANG
,
CA
93463
N/A
TO SUPPORT MEALS ON WHEELS PROGRAM/NEW FLAT TOP GRIDDLE
5,000
CHANNEL ISLANDS YMCA
36 HITCHCOCK WAY
SANTA BARBARA
,
CA
93105
N/A
GRANT FOR ST. GEORGE YOUTH CENTER
20,000
COUNCIL ON ALCOHOLISM AND DRUG ABUS
232 E CANON PERDIDO ST
SANTA BARBARA
,
CA
93101
N/A
TO SUPPORT NEW AGENCY-WIDE COMPUTER NETWORK AND PHONE SYSTEM
10,000
FOOD FROM THE HEART
909 N LA CUMBRE RD
SANTA BARBARA
,
CA
93110
N/A
FOR MAGNETIC NAME BADGES PRINTING MACHINE
2,185
FREEDOM WARMING CENTERS
1535 SANTA BARBARA ST
SANTA BARBARA
,
CA
93101
N/A
TO PURCHASE TABLETS AND HOT SPOTS
3,400
GUADALUPE-NIPOMO DUNES CENTER
1065 GUADALUPE ST
GUADALUPE
,
CA
93434
N/A
FOR CAMPAIGN PHASE 2
5,000
LOTUSLAND
695 ASHLEY ROAD
SANTA BARBARA
,
CA
93108
N/A
TO SUPPORT ACCESSIBILITY FROM THE VISITOR CENTER
10,000
MAKE-A-WISH FOUNDATION TRI-COUNTIES
4001 MISSION OAKS BLVD
CAMARILLO
,
CA
93012
N/A
BUILDING CAPACITY FOR SANTA BARBARA CHILDREN
15,000
MARIAN REGIONAL MEDICAL CENTER FD
1400 E CHURCH ST
SANTA MARIA
,
CA
93454
N/A
TO SUPPORT NEW PEDIATRIC ONCOLOGY PROGRAM
12,500
SANTA BARBARA MUSEUM OF NATURAL HIS
2559 PUESTA DEL SOL
SANTA BARBARA
,
CA
93105
N/A
FOR SEATING AND FLOORING WITHIN THE PLANETARIUM
10,000
SANTA MARIA PHILHARMONIC SOCIETY
PO BOX 375
SANTA MARIA
,
CA
93456
N/A
FOR CLASSICAL MUSICAL SCORES
1,429
SB ALLIANCE FOR COMMUNITY TRANSFORM
PO BOX 217
SANTA BARBARA
,
CA
93102
N/A
TO SUPPORT WESTSIDE HEALTH COLLABORATIVE
10,000
SBC SHERIFFS BENEVOLENT POSSE
4334 CALLE REAL
SANTA BARBARA
,
CA
93110
N/A
TO SUPPORT D.A.R.E. PROGRAM IN NORTH COUNTY
12,000
Total
.................................
3a
815,727
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
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
14
130,807
4
Dividends and interest from securities
....
14
447,405
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
.....
14
21,904
8
Gain or (loss) from sales of assets other than
inventory
............
18
510,042
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)
..
1,110,158
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
1,110,158
(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.)
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