Form990-PF
Click to see list of attachments

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
IN A PERFECT WORLD FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)8491 W SUNSET BLVD BOX 515
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LOS ANGELES, CA90069
A Employer identification number

20-4083846
B Telephone number (see instructions)

(866) 923-1555
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$3,050,583
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 593,750
2 Check bullet.............
3 Interest on savings and temporary cash investments 34 34  
4 Dividends and interest from securities... 69,843 69,843  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 27,919
b Gross sales price for all assets on line 6a 666,554
7 Capital gain net income (from Part IV, line 2)... 27,919
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... -60,309 0  
12 Total. Add lines 1 through 11........ 631,237 97,796  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 89,000 0   71,200
14 Other employee salaries and wages...... 28,681 0   24,614
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 26,626 0   22,009
b Accounting fees (attach schedule)....... 38,930 0   38,930
c Other professional fees (attach schedule).... 75,185 17,183   46,687
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 9,781 0   7,826
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 3,568 0   3,568
21 Travel, conferences, and meetings....... 12,200 0   12,200
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 214,309 0   168,689
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 498,280 17,183   395,723
25 Contributions, gifts, grants paid....... 35,012 35,012
26 Total expenses and disbursements. Add lines 24 and 25 533,292 17,183   430,735
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 97,945
b Net investment income (if negative, enter -0-) 80,613
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 129,503 159,006 159,006
2 Savings and temporary cash investments......... 5,836 3,246 3,246
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet34,800
Less: allowance for doubtful accounts bullet   51,250 34,800 34,800
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 19,130 4,858 4,858
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,399,342 Click to see attachment2,799,612 2,799,612
c Investments—corporate bonds (attach schedule)....... 50,287 Click to see attachment31,598 31,598
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment17,463 Click to see attachment17,463 Click to see attachment17,463
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,672,811 3,050,583 3,050,583
Liabilities 17 Accounts payable and accrued expenses.......... 7,649 16,204
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 1,749  
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment25,707 Click to see attachment36,669
23 Total liabilities (add lines 17 through 22)......... 35,105 52,873
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 2,587,706 2,962,710
25 Net assets with donor restrictions............ 50,000 35,000
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 2,637,706 2,997,710
30 Total liabilities and net assets/fund balances (see instructions). 2,672,811 3,050,583
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
2,637,706
2
Enter amount from Part I, line 27a .....................
2
97,945
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
262,059
4
Add lines 1, 2, and 3 ..........................
4
2,997,710
5
Decreases not included in line 2 (itemize) bullet
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
2,997,710
Form 990-PF (2020)
Form 990-PF (2020)
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 MORGAN STANLEY      
b MORGAN STANLEY      
c ROYAL ALLIANCE      
d ROYAL ALLIANCE      
e CAPITAL GAINS DIVIDENDS P    
(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 154,698   155,314 -616
b 91,412   67,654 23,758
c 372,678   377,758 -5,080
d 40,571   37,909 2,662
e 7,195     7,195
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       -616
b       23,758
c       -5,080
d       2,662
e       7,195
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 27,919
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved
(b)
Reserved
(c)
Reserved
(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 1,121
c All other domestic foundations enter 1.39% 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 1,121
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 1,121
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
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 0
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.......Bullet 9 1,121
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 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 the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    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)
    bulletMN, 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 2020 or the taxable year beginning in 2020? 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. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 addressbulletIAPW.ORG
    14
    The books are in care ofbulletALTRUIC ADVISORS Telephone no.bullet (888) 298-5297

    Located atbullet4088 WASHTENAW AVEANN ARBORMI ZIP+4bullet48108
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MANUELA TESTOLINI PRESIDENT
    40.00
    89,000 0 0
    8491 W SUNSET BLVD BOX 515
    LOS ANGELES,CA90069
    NORMAN BAILEY CHAIR
    1.00
    0 0 0
    8491 W SUNSET BLVD BOX 515
    LOS ANGELES,CA90069
    CHRISTINE ONESKY TREASURER
    1.00
    0 0 0
    8491 W SUNSET BLVD BOX 515
    LOS ANGELES,CA90069
    LINDA LIVINGSTON BOARD MEMBER
    1.00
    0 0 0
    8491 W SUNSET BLVD BOX 515
    LOS ANGELES,CA90069
    ANDY TAYLOR BOARD MEMBER
    1.00
    0 0 0
    8491 W SUNSET BLVD BOX 515
    LOS ANGELES,CA90069
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    ALTIMETER CONSULTING CONSULTING 56,575
    5138 FLORA AVE
    KANSAS CITY,MO64118
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 REACH (RURAL EDUCATION AND COMMUNITY HARMONY)- SEE STATEMENT 119,533
    2 YOUTH AMBASSADORS- SEE STATEMENT 116,250
    3 DREAMCATCHERS- SEE STATEMENT 51,936
    4 LOVE 4 ONE ANOTHER- SEE STATEMENT 23,530
    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 0
    2 0
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    2,461,178
    b
    Average of monthly cash balances.......................
    1b
    198,608
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,659,786
    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
    2,659,786
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    39,897
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,619,889
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    130,994
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    130,994
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,121
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,121
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    129,873
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    129,873
    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
    129,873
    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
    430,735
    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
    430,735
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    430,735
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2019
    (c)
    2019
    (d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 129,873
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 40,860
    b From 2016...... 352,039
    c From 2017...... 294,758
    d From 2018...... 329,480
    e From 2019...... 508,653
    fTotal of lines 3a through e........ 1,525,790
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 430,735
    a Applied to 2019, 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 2020 distributable amount..... 129,873
    e Remaining amount distributed out of corpus 300,862
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,826,652
    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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........
    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 2015 not
    applied on line 5 or line 7 (see instructions) ...
    40,860
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    1,785,792
    10 Analysis of line 9:
    a Excess from 2016.... 352,039
    b Excess from 2017.... 294,758
    c Excess from 2018.... 329,480
    d Excess from 2019.... 508,653
    e Excess from 2020.... 300,862
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    MANUELA TESTOLINI
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    SCHOOL THE WORLD
    24 SCHOOL STREET 2CD FLOOR
    BOSTON,MA02108
    NONE PUBLIC CHARITY SCHOOL CONSTRUCTION AND TEACHER TRAINING 29,426
    DONORSCHOOSEORG INC
    134 W 37TH ST FL 11
    NEW YORK,NY10018
    NONE PUBLIC CHARITY FUNDING SCHOOLS OF CHOICE AND SCHOOL PROJECTS 1,906
    LADYLIKE FOUNDATION
    4859 SLAUSON AVENUE STE 128
    LOS ANGELES,CA90056
    NONE PUBLIC CHARITY FUNDING YOUNG WOMEN THROUGH RESOURCE PROGRAMS, MENTORHSIP, WORKSHOPS 1,000
    KIDS FOR PEACE
    1302 PINE AVE
    CARLSBAD,CA92008
    NONE PUBLIC CHARITY CHILDRENS PEACE INITIATIVES 1,930
    FOX AND TROVE
    1038 GRACEWOOD DR
    LIBERTIVILLE,IL90048
    NONE PUBLIC CHARITY CHILDREN'S PROGRAM 498
    SAVE THE CHILDREN
    501 KINGS HIGHWAY EAST SUITE 400
    FAIRFIELD,CT06825
    NONE PUBLIC CHARITY HELPING DISADVANTAGE CHILDREN THROUGHOUT THE WORLD 252
    Total .................................bullet 3a 35,012
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
        14 34  
    4 Dividends and interest from securities....     14 69,843  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 27,919  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER
    900099   01 200  
    bFUNDRAISER-NON CONTR-STATM 17 900099   01 19,804  
    cDIRECT COSTS-FUNDRAISER-STATM 17 900099   01 -80,313  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 37,487 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    37,487
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    IN A PERFECT WORLD FOUNDATION
     
    Employer identification number

    20-4083846
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    IN A PERFECT WORLD FOUNDATION
     
    Employer identification number
    20-4083846
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    1
    DORIS DUKE FOUNDATION
     
    650 FIFTH AVENUE 19TH FLOOR
     
    NEW YORK, NY10019

    $ 50,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    2
    ESTATE OF SHARON KEITH
     
    8491 W SUNSET BLVD 515
     
    LOS ANGELES, CA90069

    $ 11,087


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    3
    ESTATE OF SHARON KEITH
     
    8491 W SUNSET BLVD 515
     
    LOS ANGELES, CA90069

    $ 152,839


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    4
    PATRINA CLARK
     
    10212 BROWNS MILL RD
     
    VIENNA, VA22182

    $ 27,628


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    5
    IRIS AND MICHAEL SMITH
     
    1215 SPRUCE STREET STE 200
     
    BOULDER, CO80302

    $ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    6
    OMARR BAKER
     
    8491 W SUNSET BLVD 515
     
    LOS ANGELES, CA90069

    $ 15,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    IN A PERFECT WORLD FOUNDATION
     
    Employer identification number
    20-4083846
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    7
    400 CAPITAL MANAGEMENT
     
    7713 CARLTON PLACE
     
    MCCLEAN, VA22102

    $ 14,100


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    8
    THE SAMUEL AND LATANYA R JACKSON FOUNDATION
     
    8491 W SUNSET BLVD 515
     
    LOS ANGELES, CA90049

    $ 14,100


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    9
    WILLIAM SANDERS
     
    510 MADISON AVENUE 17TH FLOOR
     
    NEW YORK, NY10022

    $ 15,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    10
    DEBORAH SANTANA
     
    14320 VENTURA BLVD SUITE 471
     
    SHERMAN OAKS, CA94123

    $ 10,860


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    11
    RICHARD ROME
     
    1201 F STREET NW
     
    WASHINGTON, DC20004

    $ 8,025


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    12
    REBECCA SANDERS
     
    8491 W SUNSET BLVD 515
     
    LOS ANGELES, CA90069

    $ 10,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    IN A PERFECT WORLD FOUNDATION
     
    Employer identification number
    20-4083846
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    13
    ANGUS MITCHELL
     
    8491 W SUNSET BLVD 515
     
    LOS ANGELES, CA90069

    $ 9,460


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    14
    EMMA GREDE
     
    8491 W SUNSET BLVD 515
     
    LOS ANGELES, CA90069

    $ 9,730


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    15
    COOKIE & MAGIC JOHNSON
     
    C/O GRANT TANI BARASH ALTMAN LLC 91
     
    BEVERLY HILLS, CA90212

    $ 9,100


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    16
    BERNADETTE LEONARD
     
    8491 W SUNSET BLVD 515
     
    WOODLAND HILLS, CA91364

    $ 7,480


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    17
    B WISE VINEYARDS
     
    8491 W SUNSET BLVD 515
     
    LOS ANGELES, CA90069

    $ 6,640


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    18
    SERVICEMAX
     
    1630 N MAIN STREET
     
    WALNUT CREEK, CA94596

    $ 5,126


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    IN A PERFECT WORLD FOUNDATION
     
    Employer identification number
    20-4083846
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    19
    NEIL BARUA
     
    8491 W SUNSET BLVD 515
     
    LOS ANGELES, CA90069

    $ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    20
    TIARY
     
    8491 W SUNSET BLVD 515
     
    LOS ANGELES, CA90069

    $ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    21
    BRION WISE
     
    774 MAYS BLVD
     
    INCLINE VILLAGE, NV894519669

    $ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    22
    COMPASS CALABASAS
     
    5016 PARKWAY CALABASAS
     
    CALABASAS, CA91302

    $ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    IN A PERFECT WORLD FOUNDATION
     
    Employer identification number

    20-4083846
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    3
    VARIOUS PUBLICLY TRADED SECURITIES $ 152,839 2020-06-18
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    IN A PERFECT WORLD FOUNDATION
     
    Employer identification number

    20-4083846
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    IN A PERFECT WORLD FOUNDATION
    EIN:
    20-4083846
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 38,930 0   38,930

    TY 2020 GeneralExplanationAttachment
    Name:
    IN A PERFECT WORLD FOUNDATION
    EIN:
    20-4083846
    Identifier Return Reference Explanation
    SUMMARY OF FUNDRAISER PART 1, LINES 1(A) AND 11(A) DURING THE YEAR, THE ORGANIZATION HAD A FUNDRASING EVENT. BELOW IS A SUMMARY OF SUCH EVENT:CONTRIBUTIONS INCLUDED ON PART 1, LINE 1(A) 314,123OTHER PROCEEDS SHOWN ON PART 1, LINE 11(A) 19,804 _________ 333,927DIRECT EXPENSE SHOWN ON PART 1, LINE 11(A) (80,313) ---------- RECEIPTS IN EXCESS OF EXPENSES 253,614 ==========
    REACH (RURAL EDUCATION AND COMMUNITY HARMONY) PART IX-A, LINE 1- DIRECT CHARITABLE ACTIVITIES IN A PERFECT WORLD'S REACH PROGRAM BUILDS SCHOOLS IN SOME OF THE POOREST COUNTRIES IN THE WORLD. REACH TAKES A HOLISTIC VIEW TO COMMUNITY DEVELOPMENT BY BRINGING RESOURCES LIKE CLEAN WATER, SUSTAINABLE FARMING, PLAYGROUNDS, SCHOOL MEAL PROGRAMS, SOLAR POWER, HYGIENE EDUCATION AND MORE, TO OVERSEAS COMMUNITIES IN WHICH WE HAVE ENGAGED TO BUILD SCHOOLS. SO FAR, WE'VE BUILT MORE THAN 30 SCHOOLS IN MALI, MALAWI, SENEGAL, BURKINA FASO, HAITI, NICARAGUA, GUATEMALA, AND NEPAL. IN RESPONSE TO THE PANDEMIC, WE PIVOTED TO SUPPORT STUDENTS AND FAMILIES. IN MALAWI, WE PROVIDED FOOD & HYGIENE SUPPORT, DISTRIBUTED PPE FOR TEACHERS AND STUDENTS, AND INSTALLED ADDITIONAL CLEAN WATER PROJECTS. IN GUATEMALA, WE ASSISTED IN REMOTE EDUCATION THROUGH ONE-ONE-LESSONS, RADIO PROGRAMS AND TUTORING, AND EXPANDED OUR REACH BEYOND OUR OWN STUDENTS TO OVER 13,000 PLUS CHILDREN IN THE REGION. WE DRIVE IMPACT BY COLLABORATING WITH EXISTING, EFFECTIVE ORGANIZATIONS WHOSE MISSIONS ALIGN WITH OURS, RATHER THAN CREATING COMPETING PROGRAMS. THIS ALLOWS US TO AMPLIFY OUR IMPACT, EXPAND OUR REACH, AND STRETCH OUR DONORS' DOLLARS EVEN FURTHER.
    YOUTH AMBASSADORS PART IX-A, LINE 2- DIRECT CHARITABLE ACTIVITIES IN A PERFECT WORLD'S YOUTH AMBASSADORS (YAMS) ARE YOUNG PEOPLE AGES 13-18 PASSIONATE ABOUT SOCIAL CHANGE. THEY LEARN ABOUT GLOBAL ISSUES AS THEY MOVE THROUGH A 2-YEAR CURRICULUM IN A BROAD RANGE OF AREAS THAT INCLUDES HEALTH, HUNGER, HOMELESSNESS, CLIMATE CHANGE, EQUALITY, EDUCATION AND POVERTY, INSPIRING AND EMPOWERING THEM TO BECOME COMPASSIONATE, SOCIALLY CONSCIOUS AND RESPONSIBLE LEADERS. THEIR CAPSTONE PROJECT INVOLVES ACTIVE PARTICIPATION IN AN OVERSEAS REACH PROGRAM PROJECT. IN THE MIDST OF THE PANDEMIC, WE COULD NO LONGER GATHER TO SERVE IN PERSON. WE SHIFTED OUR FOCUS TO WORKSHOPS GEARED TOWARDS BUILDING THEIR LEADERSHIP SKILLS, FROM CREATIVE WRITING TO SELF-CARE, AND MENTORED THEM TO COMPLETE INDIVIDUAL SERVICE PROJECTS. THEY MADE MASKS FOR ESSENTIAL WORKERS, SUPPORTED LOW INCOME STUDENTS, CONNECTED WITH ISOLATED SENIORS, IMPACTED THE TRANS COMMUNITY, CREATED CARE PACKAGES FOR MOMS & KIDS EXPERIENCING HOMELESSNESS AND RAISED MONEY & AWARENESS FOR FAMILIES IN NEED. THEY MANAGED TO DO ALL OF THIS WHILE JUGGLING REMOTE LEARNING.
    DREAMCATCHERS PART IX-A, LINE 3- DIRECT CHARITABLE ACTIVITIES IN A PERFECT WORLD'S DREAMCATCHERS PROGRAM TEACHES KIDS AGES 5-12 IN THE U.S. AND CANADA ABOUT SOCIAL ISSUES FROM HUNGER AND POVERTY TO CLEAN WATER AND CLIMATE CHANGE AND GUIDES THEM INTO SERVICE. THROUGH STORYTELLING AND THE ARTS-BASED SERVICE PROJECTS, IN A PERFECT WORLD CULTIVATES THEIR NATURAL EMPATHY FOR OTHERS AND FOR THE EARTH, EMPOWERING THEM TO MAKE A DIFFERENCE. THE IAPW BACKPACK DRIVE IS A COMPONENT OF OUR DREAMCATCHERS PROGRAM. WHAT STARTED AS A 5-YEAR OLD'S SERVICE PROJECT HAS GROWN INTO AN ANNUAL STRATEGIC INITIATIVE THAT SUPPORTS OVER 1,000 CHILDREN FROM LOW-INCOME FAMILIES IN LOS ANGELES AND BEYOND. IN 2020, OUR BACKPACK DRIVE EXPANDED TO HELP VULNERABLE CHILDREN AND FAMILIES IN THE SAN FRANCISCO BAY AREA WITH FOOD SECURITY AND REMOTE EDUCATION NEEDS. THROUGH THESE YOUTH-LED FUNDRAISING EFFORTS, KIDS HAVE RAISED OVER $36,000 FOR THEIR PEERS IN NEED.
    LOVE 4 ONE ANOTHER PART IX-A, LINE 4- DIRECT CHARITABLE ACTIVITIES IN A PERFECT WORLD'S STRATEGIC INITIATIVE, LOVE 4 ONE ANOTHER, CULTIVATES CREATIVITY AS A MEANS TO EMPOWER CHILDREN BY PROVIDING ACCESS TO MUSIC, THE ARTS, MEDIA, AND TECHNOLOGY FOR LOW-INCOME SCHOOLS. WE SEEK SPECIFIC FUNDING OPPORTUNITIES TO SUPPLEMENT PUBLIC SCHOOL MUSIC AND ARTS PROGRAMS THAT ARE ACTIVELY BEING CUT ACROSS THE U.S. OUR IMPACT EXTENDS ACROSS THE UNITED STATES WITH RECENT PROJECTS IN L.A. AND MINNEAPOLIS. IN A PERFECT WORLD HAS SUPPORTED OVER 500 HIGH-POVERTY CLASSROOMS ACROSS THE NATION.
      FORM 990 PF, PAGE 1, ITEM F THE ORGANIZATION ON SEPTEMBER 27, 2018 RECEIVED A 60-MONTH ADVANCE RULING THAT THEY WILL BE TREATED AS A PUBLIC CHARITY EFFECTIVE JANUARY 1, 2018 AND ENDING DECEMBER 31,2022. THE ORGANIZATION IS CHOOSING NOT TO PAY TAX IMPOSED BY SECTION 4940 AND HAS EXECUTED A FORM 872-B (CONSENT TO EXTEND THE TIME TO ASSESS MISCELLANEOUS EXCISE TAXES), A COPY OF SUCH EXECUTED FORM ATTACHED.BASED ON THE ABOVE PARAGRAPH, LINE 9 OF PART VI SHOULD SHOW AN AMOUNT DUE OF 0. FOR E-FILING PURPOSES ONLY, THE RETURN IS SHOWING AN AMOUNT OF $1,121.

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    IN A PERFECT WORLD FOUNDATION
    EIN:
    20-4083846
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BNY MELLON DYNAMIC VALUE FUND CLASS I 31,598 31,598

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    IN A PERFECT WORLD FOUNDATION
    EIN:
    20-4083846
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ARC HEALTHCARE TRUST 281,494 281,494
    ALGER SPECTRA FUND CLASS I 218,866 218,866
    COLUMBIA CONTRARIAN CORE FUND CLASS R4 237,725 237,725
    LORD ABBETT DIVIDEND GROWTH FUND CLASS F 212,170 212,170
    LORD ABBETT FLOATING RATE FUND CLASS F 88 88
    LORD ABBETT BOND DEBENTURE FUND CALSS F 139,624 139,624
    MFS MID CAP VALUE FUND CLASS I 109,676 109,676
    PGIM TOTAL RETURN BOND FUND CLASS R6 2,814 2,814
    HEALTH CARE SELECT SECT SPDR 52,182 52,182
    I SHARES MSCI EAFE EFT (EFA) 64,424 64,424
    ISHARES MSCI EMERGING MKTS ETF 51,463 51,463
    ISHAES RUSSELL 2000 VALUE ETF 81,553 81,553
    SPDR DJIA TRUST 138,523 138,523
    THE FINANCIAL SEL SECT SPDR FD 54,803 54,803
    THE TECHNOLOGY SEL SEC SPDR 56,299 56,299
    INVESCO PREMIUM US GOVT 75,288 75,288
    NUEBERGER BRMN SUSTAIN EQ INST 129,721 129,721
    LORD ABBETT GROWTH LEADERS FUND CLASS F 315,380 315,380
    LORD ABBETT CONVERTIBLE FUND CLASS F 139,707 139,707
    LORD ABBETT SHORT DURACTION INCOME CLASS F 183,128 183,128
    LORD ABBETT SHORT DURACTION INCOME CLASS F 69,543 69,543
    LORD ABBETT ULTRA SHORT BOND FUND CLASS A 11,897 11,897
    ROYAL ALLIANCE #0573 MONEY MARKET FUND 20,895 20,895
    MORGAN STANLEY MONEY MARKET FUND 13,952 13,952
    ROYAL ALLIANCE #4713 MONEY MARKET FUND 138,397 138,397

    TY 2020 LegalFeesSchedule
    Name:
    IN A PERFECT WORLD FOUNDATION
    EIN:
    20-4083846
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 26,626 0   22,009


    TY 2020 OtherAssetsSchedule
    Name:
    IN A PERFECT WORLD FOUNDATION
    EIN:
    20-4083846
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    EDUCATIONAL DOCUMENTARY 150,000 150,000 150,000
    LESS: ACCUMULATED AMORTIZATION -150,000 -150,000 -150,000
    DOMAINS AND OR TRADEMARKS 17,463 17,463 17,463


    TY 2020 OtherExpensesSchedule
    Name:
    IN A PERFECT WORLD FOUNDATION
    EIN:
    20-4083846
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSES 19,235 0   13,958
    PAYROLL FEES 1,197 0   1,197
    PROGRAM SUPPLIES 41,254 0   41,254
    OTHER CONTRACTED SERVICES 40,396 0   26,751
    ADVERTISING/PROMOTION/SOCIAL MEDIA 27,669 0   3,171
    BANK & MERCHANT FEES 672 0   618
    INSURANCE 3,502 0   3,502
    CONSTRUCTION RE SCHOOLS 71,623 0   71,623
    OPERATING COSTS-OTHER 4,181 0   2,035
    PROGRAM COSTS-OTHER 4,381 0   4,381
    TAXES, LICENSES, PERMITS 199 0   199


    TY 2020 OtherIncomeSchedule2
    Name:
    IN A PERFECT WORLD FOUNDATION
    EIN:
    20-4083846
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER 200   200
    FUNDRAISER-NON CONTR-STATM 17 19,804   19,804
    DIRECT COSTS-FUNDRAISER-STATM 17 -80,313   -80,313


    TY 2020 OtherIncreasesSchedule
    Name:
    IN A PERFECT WORLD FOUNDATION
    EIN:
    20-4083846
    Description Amount
    NET CHANGE IN UNREALIZED GAINS(LOSSES) 262,059


    TY 2020 OtherLiabilitiesSchedule
    Name:
    IN A PERFECT WORLD FOUNDATION
    EIN:
    20-4083846
    Description Beginning of Year - Book Value End of Year - Book Value
    CREDIT CARD LIABILITIES 25,604 20,182
    OTHER 103 0
    PAYROLL TAXES PAYABLE 0 1,754
    PPP LOAN 0 14,733


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    IN A PERFECT WORLD FOUNDATION
    EIN:
    20-4083846
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ASSET MANAGEMENT FEES 17,183 17,183   0
    CONSULTANTS 56,575 0   45,260
    OTHER 1,427 0   1,427


    TY 2020 SubstantialContributorsSch
    Name:
    IN A PERFECT WORLD FOUNDATION
    EIN:
    20-4083846
    Name Address
    ESTATE OF SHARON KEITH
     
    8491 W SUNSET BLVD 515
    LOS ANGELES,CA90069


    TY 2020 TaxesSchedule
    Name:
    IN A PERFECT WORLD FOUNDATION
    EIN:
    20-4083846
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 9,781 0   7,826