-
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
BEATRIX FINSTON PADWAY CHARITABLE TRUST
FOR ARTS AND EDUCATION
Number and street (or P.O. box number if mail is not delivered to street address)
1529 GILCREST DRIVE
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BEVERLY HILLS
,
CA
902102515
A Employer identification number
31-6018432
B
Telephone number (see instructions)
(310) 246-6707
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)
$
16,015,150
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
9,922
9,922
4
Dividends and interest from securities
...
419,971
419,971
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
356,048
b
Gross sales price for all assets on line 6a
5,724,603
7
Capital gain net income (from Part IV, line 2)
...
356,048
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)
.......
261
261
12
Total.
Add lines 1 through 11
........
786,202
786,202
13
Compensation of officers, directors, trustees, etc.
130,000
52,000
78,000
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
16a
Legal fees (attach schedule)
.........
17,483
0
10,000
b
Accounting fees (attach schedule)
.......
11,110
7,800
0
c
Other professional fees (attach schedule)
....
106,369
88,519
8,925
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
9,379
9,294
0
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
735
0
735
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
4,666
1
1,316
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
279,742
157,614
98,976
25
Contributions, gifts, grants paid
.......
800,000
800,000
26
Total expenses and disbursements.
Add lines 24 and 25
1,079,742
157,614
898,976
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-293,540
b
Net investment income
(if negative, enter -0-)
628,588
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
.............
2
Savings and temporary cash investments
.........
1,142,064
93,246
93,246
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
..........
4,063
10,562
10a
Investments—U.S. and state government obligations (attach schedule)
b
Investments—corporate stock (attach schedule)
.......
2,860,494
2,305,341
3,144,418
c
Investments—corporate bonds (attach schedule)
.......
11,169,317
12,473,249
12,777,486
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
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)
15,175,938
14,882,398
16,015,150
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
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
........
0
0
27
Paid-in or capital surplus, or land, bldg., and equipment fund
0
0
28
Retained earnings, accumulated income, endowment, or other funds
15,175,938
14,882,398
29
Total net assets or fund balances
(see instructions)
.....
15,175,938
14,882,398
30
Total liabilities and net assets/fund balances
(see instructions)
.
15,175,938
14,882,398
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
15,175,938
2
Enter amount from Part I, line 27a
.....................
2
-293,540
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3
..........................
4
14,882,398
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
14,882,398
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
ANALOG DEVICES INC
P
2017-09-12
2019-08-29
b
ANALOG DEVICES INC
P
2019-08-22
2019-08-29
c
ANALOG DEVICES INC
P
2017-11-16
2019-02-07
d
ANALOG DEVICES INC
P
2017-09-13
2019-08-29
e
ANALOG DEVICES INC
P
2017-09-12
2019-07-25
ANALOG DEVICES INC
P
2017-09-12
2019-02-07
APPLE INC
P
2016-03-28
2019-10-01
APPLE INC
P
2016-03-28
2019-01-31
APPLE INC
P
2016-03-28
2019-04-25
APTIV PLC
P
2018-03-26
2019-06-06
APTIV PLC
P
2018-03-19
2019-06-06
APTIV PLC
P
2017-11-20
2019-06-06
HOWMET AEROSPACE INC 5.4% 4/15/21
P
2015-05-07
2019-01-22
ASML HOLDING N VN Y REGISTRY SHS NEW 2012
P
2019-01-07
2019-05-17
ASML HOLDING N VN Y REGISTRY SHS NEW 2012
P
2019-01-07
2019-10-14
ASML HOLDING N VN Y REGISTRY SHS NEW 2012
P
2018-04-26
2019-05-17
ASML HOLDING N VN Y REGISTRY SHS NEW 2012
P
2016-04-20
2019-10-14
CABOT OIL & GAS CORP
P
2016-06-02
2019-05-17
CBOE HOLDINGS INC
P
2016-10-05
2019-05-30
CBOE HOLDINGS INC
P
2019-01-29
2019-05-30
CBOE HOLDINGS INC
P
2019-01-28
2019-05-30
CBOE HOLDINGS INC
P
2018-10-04
2019-05-31
CBOE HOLDINGS INC
P
2019-01-25
2019-05-31
CBOE HOLDINGS INC
P
2019-01-29
2019-05-31
CBS CORPSENIOR NOTES2.30000% 8/15/2019 124857AL7FA_15
P
2016-06-30
2019-03-07
CDW CORPORATIONCOM
P
2018-02-07
2019-10-14
CDW CORPORATIONCOM
P
2018-02-07
2019-07-30
CDW CORPORATIONCOM
P
2018-02-07
2019-07-29
CDW LLC / CDW FIN CORP 5% 9/1/2023 _
P
2018-12-04
2019-10-12
CHUBB LTDCOM
P
2016-03-28
2019-02-21
CHUBB LTDCOM
P
2016-05-04
2019-02-22
CHUBB LTDCOM
P
2016-03-28
2019-02-22
CHUBB LTDCOM
P
2017-11-09
2019-02-21
CHURCH & DWIGHT CO INC
P
2017-08-31
2019-01-18
CHURCH & DWIGHT CO INC
P
2019-02-05
2019-05-17
CHURCH & DWIGHT CO INC
P
2017-08-31
2019-01-17
CINTAS CORP
P
2019-03-25
2019-07-12
CME GROUP INC
P
2016-04-11
2019-09-03
CME GROUP INC
P
2016-04-11
2019-05-30
CONCHO RESOURCES INC
P
2018-08-02
2019-02-19
CONCHO RESOURCES INC
P
2018-06-28
2019-02-19
CONCHO RESOURCES INC
P
2018-08-06
2019-02-19
DANAHER CORP
P
2017-08-31
2019-03-07
DANAHER CORP
P
2018-10-22
2019-03-07
DPL INCNT 7.25%217.25000% 10/15/2021 256882AD3CALLABLE @ 100.00 07/15/21AO_1
P
2014-05-28
2019-05-13
DPL INCNT 7.25% 10/15/2021
P
2015-05-07
2019-05-13
EDWARDS LIFESCIENCES CORP
P
2016-10-27
2019-03-25
EDWARDS LIFESCIENCES CORP
P
2019-05-31
2019-09-03
EDWARDS LIFESCIENCES CORP
P
2018-10-11
2019-02-21
EOG RESOURCES INC2.450% 4/1/2020
P
2019-01-22
2019-10-23
EQUIFAX INC
P
2018-07-26
2019-02-04
EQUIFAX INC
P
2017-12-15
2019-02-04
FEDEX CORP
P
2018-03-12
2019-01-14
FEDEX CORP
P
2016-06-29
2019-01-14
FIDELITY NATIONAL INFORMSERVICES INC SENIOR NOTES4.50000% 10/15/2022
P
2016-07-25
2019-12-31
HOME DEPOT INC
P
2018-11-15
2019-11-05
HUMANA INC2.50000% 12/15/2020 444859BH4JD_15
P
2017-12-15
2019-10-09
INTEL CORPQUARTLY US LIBOR +8.0001.81088% 5/11/2020 458140BA7
P
2017-05-08
2019-02-01
INTUIT INC
P
2018-11-21
2019-03-26
IPG PHOTONICS CORP
P
2016-04-28
2019-06-10
IPG PHOTONICS CORP
P
2016-04-28
2019-06-07
IPG PHOTONICS CORP
P
2018-07-31
2019-06-07
IPG PHOTONICS CORP
P
2018-08-14
2019-06-07
IPG PHOTONICS CORP
P
2018-07-31
2019-06-06
J P MORGAN CHASE & CO
P
2016-03-28
2019-06-03
JPMORGAN CHASE & CONT4.40000% 7/22/2020 46625HHS2JJ_22
P
2016-04-26
2019-08-27
LENNAR CORPCL A
P
2016-03-28
2019-08-29
LENNAR CORPCL A
P
2018-04-12
2019-08-29
MARRIOTT INTERNATIONAL INC NEWCL A
P
2018-08-09
2019-05-01
MCDONALDS CORP
P
2019-02-04
2019-05-17
MCDONALDS CORP
P
2018-07-16
2019-05-20
MCDONALDS CORP
P
2018-07-16
2019-05-17
MEDTRONIC INCSR UNSECURED 4.125% 3/15/2021
P
2015-05-07
2019-07-12
MOODYS CORP
P
2019-06-29
2019-03-28
MOODYS CORP
P
2018-10-26
2019-03-28
MOODYS CORP
P
2019-06-29
2019-08-12
MOODYS CORP
P
2018-10-26
2019-02-15
MOTOROLA SOLUTIONS INC
P
2016-06-02
2019-02-28
MOTOROLA SOLUTIONS INC
P
2016-05-16
2019-02-28
MOTOROLA SOLUTIONS INC
P
2016-06-02
2019-06-05
MOTOROLA SOLUTIONS INC
P
2016-06-02
2019-06-06
MOTOROLA SOLUTIONS INC
P
2016-06-26
2019-07-30
MOTOROLA SOLUTIONS INC
P
2016-06-02
2019-07-29
MTNA 5 1/4 08/05/20SR NT5.25000% 8/5/2020 03938LAQ7CALLED @ 102.82 08/30/19F
P
2015-05-07
2019-08-30
NEXTERA ENERGY CAPITAL 2.7% 9/15/2019
P
2016-04-21
2019-07-22
OMNICOM GP/OMNICOM CAPCAP INC / OMNICOM FIN INC4.45% 8/15/2020
P
2015-04-23
2019-08-01
RANGE RESOURCES CORPSR SUB NT5.75000% 6/1/2021 75281AAM1CALLABLE @ 102.88 07
P
2015-08-04
2019-12-19
ROPER TECHNOLOGIES INC
P
2016-06-02
2019-04-01
SIMON PROPERTY GROUP LPSR NT4.37500% 3/1/2021 828807CF2CALLED @ 103.40 10/07
P
2019-07-28
2019-10-07
STRYKER CORPSENIOR NOTES2.00000% 3/8/2019 863667AK7MS_08
P
2016-10-05
2019-02-01
TEXAS INSTRUMENTS INC
P
2017-09-12
2019-07-25
TEXAS INSTRUMENTS INC
P
2017-09-12
2019-02-07
TRANSUNIONCOM
P
2017-01-24
2019-05-17
TRANSUNIONCOM
P
2017-01-19
2019-05-17
TRANSUNIONCOM
P
2017-01-20
2019-05-17
TRANSUNIONCOM
P
2017-01-25
2019-05-17
TRANSUNIONCOM
P
2018-10-25
2019-05-17
TRANSUNIONCOM
P
2018-11-15
2019-05-17
TRANSUNIONCOM
P
2017-01-23
2019-08-29
TRANSUNIONCOM
P
2017-01-19
2019-08-14
TRANSUNIONCOM
P
2017-01-19
2019-08-29
VISTRA ENERGY CORP
P
2019-05-08
2019-11-15
VISTRA ENERGY CORP
P
2019-05-02
2019-11-15
WESTERN DIGITAL CORP
P
2018-07-30
2019-02-14
WESTERN DIGITAL CORP
P
2018-05-29
2019-02-14
WESTERN DIGITAL CORP
P
2019-05-23
2019-02-14
WESTERN DIGITAL CORP
P
2019-05-24
2019-02-14
ZIMMER BIOMET HOLDGS INC
P
2019-04-29
2019-07-26
ZIMMER BIOMET HOLDGS INC
P
2016-11-22
2019-07-26
ZIMMER BIOMET HOLDINGS4.62500% 11/30/2019 98956PAA0MN_30
P
2016-04-26
2019-09-19
GOLDMAN SACHS GROUP INCQUARTLY US LIBOR 4/25/2019
P
2016-04-20
2019-04-25
STRYKER CORPSENIOR NOTES2.00000% 3/8/2019 863667AK7MS_08
P
2016-10-05
2019-03-08
WELLS FARGO & COMPANY2.12500% 4/22/2019 94974BFU9AO_22
P
2016-04-21
2019-04-22
WSTP 0 05/13/19SR UNSECURED3.398% 5/13/2019 961214CU5
P
2016-05-09
2019-05-13
NAVIENT CORP4.87500% 6/17/2019
P
2013-12-11
2019-06-17
ARCLEORMITTAL SA 5.25%
P
2015-05-07
2019-08-30
(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
21,918
16,431
5,487
b
21,918
21,719
199
c
15,083
13,577
1,506
d
21,918
16,424
5,494
e
24,374
16,431
7,943
15,083
12,323
2,760
16,932
7,910
9,022
33,401
21,094
12,307
46,473
23,730
22,743
18,071
20,988
-2,917
9,036
10,978
-1,942
57,829
67,494
-9,665
50,750
51,787
-1,037
15,133
11,829
3,304
6,508
3,943
2,565
25,221
24,382
839
32,539
12,117
20,422
44,593
41,342
3,251
21,313
19,475
1,838
10,656
9,649
1,007
10,656
9,665
991
16,113
14,202
1,911
10,742
9,595
1,147
16,113
14,473
1,640
300,000
300,685
-685
3,091
1,712
1,379
25,461
15,396
10,065
11,294
6,843
4,451
102,500
100,000
2,500
16,828
14,924
1,904
13,463
11,778
1,685
47,119
41,786
5,333
13,462
15,100
-1,638
1,705
1,249
456
16,629
13,594
3,035
3,374
2,498
876
60,308
49,081
11,227
21,706
8,989
12,717
3,842
1,798
2,044
15,043
17,772
-2,729
36,104
41,203
-5,099
30,087
33,999
-3,912
37,236
24,806
12,430
12,412
9,825
2,587
2,207
2,055
152
55,179
51,792
3,387
28,238
13,844
14,394
16,405
12,799
3,606
26,059
21,198
4,861
175,315
174,534
781
13,425
15,457
-2,032
91,287
101,076
-9,789
12,894
18,503
-5,609
30,087
26,273
3,814
317,951
314,357
3,594
28,958
22,035
6,923
150,701
150,038
663
99,972
100,000
-28
57,471
44,702
12,769
13,406
8,611
4,795
16,401
10,764
5,637
6,560
8,266
-1,706
16,401
20,493
-4,092
25,996
33,062
-7,066
68,883
38,776
30,107
229,995
229,112
883
56,263
50,589
5,674
30,689
34,214
-3,525
17,418
15,222
2,196
19,919
17,716
2,203
29,811
23,779
6,032
9,959
7,926
2,033
155,139
154,079
1,060
13,448
6,842
6,606
13,448
10,672
2,776
10,605
4,561
6,044
54,975
46,244
8,731
21,506
10,323
11,183
14,337
7,066
7,271
8,032
3,441
4,591
7,988
3,441
4,547
4,183
1,607
2,576
8,440
3,441
4,999
77,111
77,105
6
302,012
302,279
-267
61,348
61,253
95
62,046
65,271
-3,225
43,289
21,409
21,880
103,398
103,418
-20
149,903
150,064
-161
57,296
37,255
20,041
28,552
22,767
5,785
6,513
3,243
3,270
14,387
5,672
8,715
19,540
9,726
9,814
4,885
2,435
2,450
9,770
9,612
158
6,513
6,196
317
6,266
2,419
3,847
11,989
4,862
7,127
27,153
10,534
16,619
53,283
51,152
2,131
46,047
47,678
-1,631
19,139
27,985
-8,846
11,962
21,656
-9,694
11,962
21,889
-9,927
9,569
17,508
-7,939
13,384
12,181
1,203
10,038
7,547
2,491
301,149
301,352
-203
288,000
288,000
0
150,000
150,000
0
142,000
142,000
0
300,000
300,000
0
5,000
4,970
30
77,111
75,611
1,500
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
5,487
b
199
c
1,506
d
5,494
e
7,943
2,760
9,022
12,307
22,743
-2,917
-1,942
-9,665
-1,037
3,304
2,565
839
20,422
3,251
1,838
1,007
991
1,911
1,147
1,640
-685
1,379
10,065
4,451
2,500
1,904
1,685
5,333
-1,638
456
3,035
876
11,227
12,717
2,044
-2,729
-5,099
-3,912
12,430
2,587
152
3,387
14,394
3,606
4,861
781
-2,032
-9,789
-5,609
3,814
3,594
6,923
663
-28
12,769
4,795
5,637
-1,706
-4,092
-7,066
30,107
883
5,674
-3,525
2,196
2,203
6,032
2,033
1,060
6,606
2,776
6,044
8,731
11,183
7,271
4,591
4,547
2,576
4,999
6
-267
95
-3,225
21,880
-20
-161
20,041
5,785
3,270
8,715
9,814
2,450
158
317
3,847
7,127
16,619
2,131
-1,631
-8,846
-9,694
-9,927
-7,939
1,203
2,491
-203
0
0
0
0
30
1,500
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
356,048
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
875,296
15,582,583
0.056171
2017
812,997
15,762,985
0.051576
2016
794,301
15,797,847
0.050279
2015
899,591
16,200,291
0.055529
2014
880,929
16,300,822
0.054042
2
Total
of line 1, column (d)
.....................
2
0.267597
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
0.053519
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
625,162
5
Multiply line 4 by line 3
......................
5
33,458
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
6,286
7
Add lines 5 and 6
........................
7
39,744
8
Enter qualifying distributions from Part XII, line 4
,.............
8
898,976
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
6,286
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
0
3
Add lines 1 and 2
...........................
3
6,286
4
Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
4
0
5
Tax based on investment income.
Subtract line 4 from line 3. If zero or less, enter -0-
.....
5
6,286
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
7,520
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
0
d
Backup withholding erroneously withheld
...........
6d
0
7
Total credits and payments. Add lines 6a through 6d
..............
7
7,520
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
0
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
1,234
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
1,234
Refunded
11
0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign?
....................
1a
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition)
.................................
1b
No
If the answer is "Yes" to
1a
or
1b,
attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file
Form 1120-POL
for this year?
.....................
1c
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1)
On the foundation.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
No
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
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
MICHAEL D SCHWARTZ CPA APC
Telephone no.
(818) 852-7281
Located at
30101 AGOURA COURT SUITE 112
AGOURA HILLS
CA
ZIP+4
91301
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
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
IRA W KRINSKY
TRUSTEE
20.00
130,000
0
0
1529 GILCREST DRIVE
BEVERLY HILLS
,
CA
90210
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
...................
0
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
.............
0
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
.........................
0
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
587,096
b
Average of monthly cash balances
.......................
1b
47,586
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
634,682
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation)
.............
1e
0
2
Acquisition indebtedness applicable to line 1 assets
..................
2
0
3
Subtract line 2 from line 1d
.........................
3
634,682
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
9,520
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
625,162
6
Minimum investment return.
Enter 5% of line 5
..................
6
31,258
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
31,258
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
6,286
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
6,286
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
24,972
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
24,972
6
Deduction from distributable amount (see instructions)
.................
6
0
7
Distributable amount
as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1
...
7
24,972
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
898,976
b
Program-related investments—total from Part IX-B
..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
b
Cash distribution test (attach the required schedule)
.................
3b
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
4
898,976
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
6,286
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
892,690
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
24,972
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
0
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
55,758
b
From 2015
......
93,720
c
From 2016
......
36,211
d
From 2017
......
30,845
e
From 2018
......
111,205
f
Total
of lines 3a through e
........
327,739
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
898,976
a
Applied to 2018, but not more than line 2a
0
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
0
c
Treated as distributions out of corpus (Election
required—see instructions)
........
0
d
Applied to 2019 distributable amount
.....
24,972
e
Remaining amount distributed out of corpus
874,004
5
Excess distributions carryover applied to 2019.
0
0
(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
1,201,743
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
0
c
Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed
......
0
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
0
e
Undistributed income for 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
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)
.......
0
8
Excess distributions carryover from 2014 not
applied on line 5 or line 7 (see instructions)
...
55,758
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
1,145,985
10
Analysis of line 9:
a
Excess from 2015
....
93,720
b
Excess from 2016
....
36,211
c
Excess from 2017
....
30,845
d
Excess from 2018
....
111,205
e
Excess from 2019
....
874,004
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 email address of the person to whom applications should be addressed:
b
The form in which applications should be submitted and information and materials they should include:
c
Any submission deadlines:
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
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
ART CENTER COLLEGE OF DESIGN
1700 LIDA STREET
PASADENA
,
CA
91130
NONE
OTHER PUBLIC CHARITY
PROVIDE FUNDS FOR THE SCHOLARSHIP PROGRAMS
25,000
CALIFORNIA STATE UNIVERSITY LOS ANGELES FOUNDATION
5151 STATE UNIVERSITY DRIVE
LOS ANGELES
,
CA
90032
NONE
OTHER PUBLIC CHARITY
PROVIDE FUNDS FOR THE DEPT OF CRIMINAL JUSTICE & POPP PROGRAMS
25,000
CEDARS-SINAI MEDICAL CENTER
8700 BEVERLY BLVD ROOM 2416
LOS ANGELES
,
CA
90048
NONE
OTHER PUBLIC CHARITY
PROVIDE FUNDS FOR NEURO-ONCOLOGY FELLOWSHIP PROGRAMNEURO ONCOLOGY
50,000
CHILDREN'S INSTITUTE INC
2121 WEST TEMPLE STREET
LOS ANGELES
,
CA
90025
NONE
OTHER PUBLIC CHARITY
PROVIDE FUNDS FOR THE HEAD START PROGRAM
10,000
CLAREMONT GRADUATE UNIVERSITY
150 E 10TH STREET
CLAREMONT
,
CA
91711
NONE
OTHER PUBLIC CHARITY
PROVIDE FUNDS FOR THE URBAN LEADERSHIP PROGRAM
25,000
DANCE DOWNTOWN LA INC
2245 E WASHINGTON BLVD
LOS ANGELES
,
CA
90021
NONE
OTHER PUBLIC CHARITY
GENERAL OPERATING SUPPORT
4,500
DEVIL PUPS INC
1402 E LOMITA BLVD PO BOX 1540
WILMINGTON
,
CA
90748
NONE
OTHER PUBLIC CHARITY
PROVIDE FUNDS FOR THE CAMP PENDLETON MARINE BASE PROGRAMS & SERVICES
15,000
GRANADA HILLS CHARTER HIGH SCHOOL
10535 ZELZAH AVENUE
GRANADA HILLS
,
CA
91344
NONE
OTHER PUBLIC CHARITY
PROVIDE FUNDS FOR THE ACADEMIC DECATHLON TEAM
10,000
HIGHTECH LOS ANGELES
17111 VICTORY BLVD
LAKE BALBOA
,
CA
91406
NONE
OTHER PUBLIC CHARITY
PROVIDE FUNDS FOR GENERAL OPERATING SUPPORT
25,000
INSTITUTE OF CONTEMPORARY ART OF LOS ANGELES
1717 EAST 7TH STREET
LOS ANGELES
,
CA
90021
NONE
OTHER PUBLIC CHARITY
PROVIDE FUNDS FOR THE CURATOR'S COUNCIL
5,000
LA'S BEST
200 NORTH SPRING STREET SUITE M-120
LOS ANGELES
,
CA
90012
NONE
OTHER PUBLIC CHARITY
AFTER SCHOOL ENRICHMENT PROGRAM
5,000
LAUSD EDUCATION FOUNDATION
333 SOUTH BEAUDRY AVE 29TH FLOOR
LOS ANGELES
,
CA
90017
NONE
OTHER PUBLIC CHARITY
BEYOND THE BELL PROGRAM
5,500
LOS ANGELES POLICE ACADEMY MAGNET SCHOOLS FOUNDATION
1529 GILCREST DRIVE
BEVERLY HILLS
,
CA
90210
NONE
OTHER PUBLIC CHARITY
PROVIDE FUNDS FOR THE ORGANIZATIONS PROGRAMS & SERVICES
50,000
LOYOLA MARYMOUNT UNIVERSITY
1 LMU DRIVE UHALL 2100
LOS ANGELES
,
CA
90045
NONE
OTHER PUBLIC CHARITY
EDUCATIONAL LEADERSHIP FOR SOCIAL JUSTICE PROGRAM
25,000
MARLBOROUGH SCHOOL
250 SOUTH ROSSMORE AVE
LOS ANGELES
,
CA
90004
NONE
OTHER PUBLIC CHARITY
STEM+ ROBOTICS PROGRAM
25,000
MARYMOUNT HIGH SCHOOL
10643 SUNSET BLVD
LOS ANGELES
,
CA
90077
NONE
OTHER PUBLIC CHARITY
SAILL PROGRAM & STEM PROGRAM
55,000
NATIONAL ASSOCIATION OF VETERAN-SERVING ORGANIZATION
1405 S FERN STREET
ARLINGTON
,
VA
22202
NONE
OTHER PUBLIC CHARITY
EDUCATIONAL RESOURCES FOR MILITARY VETERANS
25,000
PARDEE RAND GRADUATE SCHOOL
1776 MAIN STREET
SANTA MONICA
,
CA
90401
NONE
OTHER PUBLIC CHARITY
CAREER SERVICES PROGRAM
25,000
SOUTHWESTERN LAW SCHOOL FOUNDATION
3050 WILSHIRE BLVD
LOS ANGELES
,
CA
90010
NONE
OTHER PUBLIC CHARITY
CHARLIE & LEONA GOLDRING SCHOLARSHIP FUND
25,000
STUDENTS RUN LA
5252 CREBS AVENUE
TARZANA
,
CA
91356
NONE
OTHER PUBLIC CHARITY
PROVIDE FUNDS FOR GENERAL OPERATING SUPPORT
25,000
TEACH FOR AMERICA LOS ANGELES
6060 SOUTH OLIVE STREET SUITE 300
LOS ANGELES
,
CA
90014
NONE
OTHER PUBLIC CHARITY
GENERAL OPERATING SUPPORT
15,000
THE ARCHER SCHOOL OF GIRLS
11725 SUNSET BLVD
LOS ANGELES
,
CA
90049
NONE
OTHER PUBLIC CHARITY
PROVIDE FUNDS FOR THE STEM PROGRAM
25,000
THE COLBURN SCHOOL
200 S GRAND AVE
LOS ANGELES
,
CA
90012
NONE
OTHER PUBLIC CHARITY
COLBURN ARTISTS FUND
25,000
THE JULLIARD SCHOOL
60 LINCOLN CNETER PLAZA
NEW YORK
,
NY
10023
NONE
OTHER PUBLIC CHARITY
PROVIDE FUNDS FOR THE SCHOLARSHIP FUND
25,000
THE MUSIC CENTER
135 N GRAND AVENUE
LOS ANGELES
,
CA
90012
NONE
OTHER PUBLIC CHARITY
SPOTLIGHT PROGRAM
20,000
THE POSSE FOUNDATION INC
515 SOUTH FIGUEROA STREET SUITE 300
LOS ANGELES
,
CA
90071
NONE
OTHER PUBLIC CHARITY
SCHOLARSHIP PROGRAM
25,000
THE UCLA FOUNDATION
7256 BOELTER HALL
LOS ANGELES
,
CA
90095
NONE
OTHER PUBLIC CHARITY
PROVIDE FUNDS FOR THE HENRY SAMUELI SCHOOL OF ENGINEERING, WOMEN IN ENGINEERING & EDUCATIONAL LEADERSHIP PROGRAM
75,000
USC ROSSIER SHCOOL OF EDUCATION
WAITE PHILLIPS HALL 1004H
LOS ANGELES
,
CA
90089
NONE
OTHER PUBLIC CHARITY
CENTER EDGE
60,000
WATER BUFFALO CLUB
PO BOX 35463
LOS ANGELES
,
CA
90035
NONE
OTHER PUBLIC CHARITY
PROVIDE FUNDS FOR GENERAL OPERATING SUPPORT
5,000
WEST LOS ANGELES COLLEGE FOUNDATION
9000 OVERLAND AVENUE
CULVER CITY
,
CA
90210
NONE
OTHER PUBLIC CHARITY
ADMINISTRATION OF JUSTICE PROGRAM
15,000
WESTRIDGE SCHOOL
324 MADELINE DRIVE
PASADENA
,
CA
91105
NONE
OTHER PUBLIC CHARITY
PROVIDE FUNDS FOR THE STEMWORK DESIGN STUDIO
50,000
Total
.................................
3a
800,000
b
Approved for future payment
Total
.................................
3b
0
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
...........
9,922
4
Dividends and interest from securities
....
419,971
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
.....
512000
261
8
Gain or (loss) from sales of assets other than
inventory
............
356,048
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)
..
261
0
785,941
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
786,202
(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.)
4
PROVIDES ADDITIONAL FUNDS TO MAKE CHARITABLE GRANTS
5
PROVIDES ADDITIONAL FUNDS TO MAKE CHARITABLE GRANTS
7
PROVIDES ADDITIONAL FUNDS TO MAKE CHARITABLE GRANTS
8
PROVIDES ADDITIONAL FUNDS TO MAKE CHARITABLE GRANTS
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:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description