Form990-PF

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
BETTYE POETZ FERGUSON FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)235 MONTGOMERY STREET 17TH FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN FRANCISCO, CA94104
A Employer identification number

94-3192412
B Telephone number (see instructions)

(415) 954-4400
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$23,824,148J 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) 28,002,395
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 131,250 131,250  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -2,462,068
b Gross sales price for all assets on line 6a 24,529,094
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
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).......      
12 Total. Add lines 1 through 11........ 25,671,577 131,250  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 82,236 41,118 0 41,118
b Accounting fees (attach schedule)....... Click to see attachment 16,035 8,018 0 8,018
c Other professional fees (attach schedule).... Click to see attachment 168,952 138,764   30,188
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 12,802 9,751   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 160     160
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 280,185 197,651 0 79,484
25 Contributions, gifts, grants paid....... 6,000,000 6,000,000
26 Total expenses and disbursements. Add lines 24 and 25 6,280,185 197,651 0 6,079,484
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 19,391,392
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)... 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.............      
2 Savings and temporary cash investments......... 4,008,261 11,327,259 11,327,259
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
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 bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)   Click to see attachment12,493,984 12,496,889
b Investments—corporate stock (attach schedule)....... 871,422    
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,879,683 23,821,243 23,824,148
Liabilities 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 bullet)    
23 Total liabilities (add lines 17 through 22).........   0
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...........    
25 Net assets with donor restrictions............    
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........ 4,879,683 23,821,243
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)..... 4,879,683 23,821,243
30 Total liabilities and net assets/fund balances (see instructions). 4,879,683 23,821,243
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
4,879,683
2
Enter amount from Part I, line 27a .....................
2
19,391,392
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
76,893
4
Add lines 1, 2, and 3 ..........................
4
24,347,968
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
526,725
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
23,821,243
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 2100. ADOBE INC     2020-01-27
b 2115. ASTRAZENECA PLC-SPONS ADR     2020-01-27
c 212. CHARTER COMMUNICATIONS INC-A   2017-10-25 2020-01-27
d 2425. COMCAST CORP-CLASS A   2017-10-25 2020-01-27
e 5000. CREDIT SUISSE GROUP-SPON ADR   2018-12-28 2020-01-27
993. WALT DISNEY CO/THE     2020-01-27
1100. HOME DEPOT INC   2017-10-25 2020-01-27
1500. JPMORGAN CHASE & CO     2020-01-27
850. ELI LILLY & CO   2017-10-25 2020-01-27
3600. ZAYO GROUP HOLDINGS INC   2018-11-20 2020-01-27
1325. MEDTRONIC PLC     2020-01-27
100. MATTEL INC   2018-04-19 2020-02-04
2500. MATTEL INC     2020-02-05
100. MATTEL INC   2018-03-29 2020-02-06
100. ELI LILLY & CO   2017-10-25 2020-02-11
100. MEDTRONIC PLC   2017-10-25 2020-02-11
400. ELI LILLY & CO     2020-02-12
300. MEDTRONIC PLC     2020-02-12
100. ELI LILLY & CO   2017-10-25 2020-02-13
200. MATTEL INC     2020-02-14
100. MEDTRONIC PLC   2018-04-04 2020-02-14
100. ELI LILLY & CO   2017-10-25 2020-02-19
100. ELI LILLY & CO   2017-10-25 2020-02-20
100. ELI LILLY & CO   2017-10-25 2020-02-21
200. ELI LILLY & CO   2017-10-25 2020-02-24
100. ELI LILLY & CO   2017-10-25 2020-02-25
200. ELI LILLY & CO     2020-02-26
100. MEDTRONIC PLC   2018-04-04 2020-02-26
100. ELI LILLY & CO   2018-05-09 2020-02-27
100. ROCHE HOLDINGS LTD-SPONS ADR   2017-10-25 2020-02-28
100. CHARTER COMMUNICATIONS INC-A   2017-10-25 2020-03-02
500. ELI LILLY & CO     2020-03-02
600. ROCHE HOLDINGS LTD-SPONS ADR     2020-03-02
300. MEDTRONIC PLC   2018-04-04 2020-03-02
100. CHARTER COMMUNICATIONS INC-A     2020-03-03
300. ELI LILLY & CO     2020-03-03
700. ROCHE HOLDINGS LTD-SPONS ADR   2017-10-25 2020-03-03
100. CHARTER COMMUNICATIONS INC-A   2017-10-25 2020-03-04
200. MATTEL INC   2018-04-02 2020-03-04
400. MEDTRONIC PLC     2020-03-04
200. BRISTOL-MYERS SQUIBB CO     2020-03-09
100. MEDTRONIC PLC   2018-03-02 2020-03-09
400. BRISTOL-MYERS SQUIBB CO   2019-06-06 2020-03-10
600. MICROSOFT CORP     2020-03-10
400. ROCHE HOLDINGS LTD-SPONS ADR   2017-10-25 2020-03-10
500. MEDTRONIC PLC   2018-03-02 2020-03-10
1200. MICROSOFT CORP   2017-10-25 2020-03-11
100. ROCHE HOLDINGS LTD-SPONS ADR   2017-10-25 2020-03-11
100. MEDTRONIC PLC   2018-03-02 2020-03-11
400. BRISTOL-MYERS SQUIBB CO   2019-06-06 2020-03-13
400. ROCHE HOLDINGS LTD-SPONS ADR   2017-10-25 2020-03-13
100. BRISTOL-MYERS SQUIBB CO   2019-06-06 2020-03-17
16700. AEGON N.V.-NY REG SHR     2020-03-20
25. ALNYLAM PHARMACEUTICALS INC   2019-02-20 2020-03-20
568. ALPHABET INC-CL C     2020-03-20
4675. AMERICAN EXPRESS CO     2020-03-20
2600. APACHE CORP     2020-03-20
10000. APACHE CORP   2019-07-08 2020-03-20
215. ASTRAZENECA PLC-SPONS ADR     2020-03-20
9785. ASTRAZENECA PLC-SPONS ADR     2020-03-20
1400. BAKER HUGHES CO     2020-03-20
11400. BAKER HUGHES CO     2020-03-20
1100. BAKER HUGHES CO   2019-01-03 2020-03-20
17400. BANK OF AMERICA CORP     2020-03-20
1300. BANK OF AMERICA CORP   2020-03-11 2020-03-20
1300. BANK OF AMERICA CORP     2020-03-20
1400. BANK OF NEW YORK MELLON CORP   2020-01-27 2020-03-20
6350. BANK OF NEW YORK MELLON CORP     2020-03-20
124. BOOKING HOLDINGS INC     2020-03-20
101. BOOKING HOLDINGS INC     2020-03-20
60. BRIGHTHOUSE FINANCIAL INC   2018-10-19 2020-03-20
1700. BRIGHTHOUSE FINANCIAL INC   2020-01-27 2020-03-20
6850. BRISTOL-MYERS SQUIBB CO     2020-03-20
2313. CIGNA CORP     2020-03-20
223. CIGNA CORP   2017-10-25 2020-03-20
264. CIGNA CORP     2020-03-20
2000. CVS HEALTH CORP     2020-03-20
1100. CVS HEALTH CORP     2020-03-20
900. CAPITAL ONE FINANCIAL CORP   2019-06-18 2020-03-20
5815. CAPITAL ONE FINANCIAL CORP     2020-03-20
1755. CELANESE CORP     2020-03-20
1200. CHARTER COMMUNICATIONS INC-A     2020-03-20
6400. CISCO SYSTEMS INC     2020-03-20
3000. COGNIZANT TECH SOLUTIONS-A     2020-03-20
800. COGNIZANT TECH SOLUTIONS-A   2020-02-28 2020-03-20
400. COMCAST CORP-CLASS A   2019-03-26 2020-03-20
16600. COMCAST CORP-CLASS A     2020-03-20
750. CONCHO RESOURCES INC   2017-10-25 2020-03-20
50. CONCHO RESOURCES INC   2017-10-25 2020-03-20
1800. CONCHO RESOURCES INC     2020-03-20
3781. DELL TECHNOLOGIES -C     2020-03-20
2119. DELL TECHNOLOGIES -C     2020-03-20
2000. WALT DISNEY CO/THE     2020-03-20
150. DISH NETWORK CORP-A   2019-03-26 2020-03-20
57459.272 DODGE & COX INCOME     2020-03-20
633249.402 DODGE & COX INCOME     2020-03-20
3000. FEDEX CORP     2020-03-20
385. FEDEX CORP     2020-03-20
815. FEDEX CORP     2020-03-20
5000. FOX CORP - CLASS A     2020-03-20
867. FOX CORP - CLASS B     2020-03-20
33. FOX CORP - CLASS B   2020-02-26 2020-03-20
150. GAP INC/THE   2019-01-04 2020-03-20
100. GILEAD SCIENCES INC   2019-05-28 2020-03-20
10675. GLAXOSMITHKLINE PLC-SPON ADR     2020-03-20
860. GOLDMAN SACHS GROUP INC     2020-03-20
1040. GOLDMAN SACHS GROUP INC     2020-03-20
10200. HP INC     2020-03-20
10250. HP INC     2020-03-20
7950. HALLIBURTON CO     2020-03-20
50. HARLEY-DAVIDSON INC   2018-02-13 2020-03-20
2400. HESS CORP     2020-03-20
800. HESS CORP     2020-03-20
1800. HEWLETT PACKARD ENTERPRISE   2020-01-27 2020-03-20
18600. HEWLETT PACKARD ENTERPRISE     2020-03-20
25. INCYTE CORP   2018-11-13 2020-03-20
600. INCYTE CORP   2020-01-27 2020-03-20
2385. JPMORGAN CHASE & CO     2020-03-20
3850. JUNIPER NETWORKS INC     2020-03-20
3900. JUNIPER NETWORKS INC   2020-01-27 2020-03-20
4500. MATTEL INC     2020-03-20
200. MATTEL INC   2019-03-26 2020-03-20
50. MAXIM INTEGRATED PRODUCTS   2019-03-26 2020-03-20
3750. METLIFE INC     2020-03-20
1200. METLIFE INC     2020-03-20
4750. METLIFE INC     2020-03-20
175. MICRO FOCUS INTL-SPN ADR   2018-03-22 2020-03-20
4700. MICRO FOCUS INTL-SPN ADR   2019-08-30 2020-03-20
3735. MICROSOFT CORP     2020-03-20
1525. MICROCHIP TECHNOLOGY INC     2020-03-20
600. MICROCHIP TECHNOLOGY INC   2019-06-14 2020-03-20
1575. MOLSON COORS BEVERAGE CO - B   2020-02-26 2020-03-20
1575. MOLSON COORS BEVERAGE CO - B     2020-03-20
450. MOLSON COORS BEVERAGE CO - B     2020-03-20
125. NATIONAL OILWELL VARCO INC   2017-10-25 2020-03-20
3800. NATIONAL OILWELL VARCO INC   2020-01-27 2020-03-20
75. NEWS CORP - CLASS A   2017-10-25 2020-03-20
5950. NOVARTIS AG-SPONSORED ADR     2020-03-20
14100. OCCIDENTAL PETROLEUM CORP     2020-03-20
1400. OCCIDENTAL PETROLEUM CORP     2020-03-20
9350. QURATE RETAIL INC-SERIES A     2020-03-20
8350. ROCHE HOLDINGS LTD-SPONS ADR     2020-03-20
4950. SANOFI-ADR     2020-03-20
2100. SCHLUMBERGER LTD     2020-03-20
6300. SCHLUMBERGER LTD     2020-03-20
10840. SCHWAB (CHARLES) CORP     2020-03-20
560. SCHWAB (CHARLES) CORP   2017-10-25 2020-03-20
5500. SCHWAB (CHARLES) CORP     2020-03-20
501. SPRINT CORP   2017-10-25 2020-03-20
4200. TRUIST FINANCIAL CORP     2020-03-20
150. TRUIST FINANCIAL CORP     2020-03-20
1500. UNION PACIFIC CORP     2020-03-20
1990. UNITED TECHNOLOGIES CORP     2020-03-20
205. UNITED TECHNOLOGIES CORP   2018-11-27 2020-03-20
705. UNITED TECHNOLOGIES CORP     2020-03-20
1500. UNITEDHEALTH GROUP INC     2020-03-20
45. UNITEDHEALTH GROUP INC   2019-10-01 2020-03-20
550. WELLS FARGO & CO     2020-03-20
9550. WELLS FARGO & CO     2020-03-20
1900. WELLS FARGO & CO     2020-03-20
11650. JOHNSON CONTROLS INTERNATION     2020-03-20
600. TE CONNECTIVITY LTD REG SHS   2020-01-27 2020-03-20
2400. TE CONNECTIVITY LTD REG SHS     2020-03-20
23500000. TREASURY BILL 24 SEP 2020     2020-09-24
1300000. TREASURY BILL 22 OCT 2020     2020-10-22
(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 732,986   360,686 372,300
b 103,339   73,558 29,781
c 106,844   72,304 34,540
d 107,219   88,573 18,646
e 65,424   54,758 10,666
135,445   57,542 77,903
254,976   182,771 72,205
198,805   151,230 47,575
117,644   72,696 44,948
125,223   91,719 33,504
158,870   106,422 52,448
1,445   1,356 89
35,917   33,163 2,754
1,446   1,306 140
14,451   8,553 5,898
11,896   7,878 4,018
57,703   34,210 23,493
35,200   23,620 11,580
14,297   8,553 5,744
2,924   2,613 311
11,741   7,864 3,877
14,149   8,553 5,596
14,258   8,553 5,705
14,248   8,553 5,695
27,972   17,105 10,867
13,848   8,553 5,295
27,172   16,757 10,415
10,887   7,864 3,023
13,325   7,856 5,469
3,988   2,901 1,087
49,361   34,106 15,255
65,332   39,080 26,252
24,660   17,406 7,254
30,784   23,591 7,193
50,084   34,106 15,978
39,808   23,148 16,660
29,592   20,307 9,285
51,690   34,106 17,584
2,545   2,612 -67
41,184   31,294 9,890
11,525   9,295 2,230
9,288   7,810 1,478
22,783   18,577 4,206
94,673   47,130 47,543
16,345   11,604 4,741
46,887   39,052 7,835
186,026   94,260 91,766
4,011   2,901 1,110
9,426   7,810 1,616
21,292   18,577 2,715
15,577   11,604 3,973
5,215   4,644 571
41,001   98,248 -57,247
2,648   1,972 676
620,796   550,057 70,739
371,344   438,305 -66,961
13,617   70,259 -56,642
52,375   265,465 -213,090
8,752   8,764 -12
398,337   332,115 66,222
14,425   29,445 -15,020
117,461   248,200 -130,739
11,334   22,865 -11,531
361,648   480,675 -119,027
27,020   29,994 -2,974
27,020   35,913 -8,893
42,677   63,286 -20,609
193,572   330,203 -136,631
153,391   238,652 -85,261
124,939   194,399 -69,460
1,026   2,518 -1,492
29,059   67,316 -38,257
344,675   306,313 38,362
337,499   357,663 -20,164
32,539   40,627 -8,088
38,521   48,097 -9,576
110,232   116,535 -6,303
60,628   62,682 -2,054
40,502   81,761 -41,259
261,687   529,194 -267,507
114,466   183,863 -69,397
458,190   409,266 48,924
231,246   220,384 10,862
133,830   189,224 -55,394
35,688   48,241 -12,553
13,656   15,826 -2,170
566,713   599,202 -32,489
32,114   97,684 -65,570
2,141   6,512 -4,371
77,073   114,338 -37,265
133,425   193,056 -59,631
74,776   96,701 -21,925
176,335   115,896 60,439
2,890   4,691 -1,801
762,485   800,000 -37,515
8,403,220   8,622,027 -218,807
330,487   453,118 -122,631
42,413   65,335 -22,922
89,782   140,098 -50,316
107,146   181,988 -74,842
18,143   28,356 -10,213
691   1,077 -386
1,150   3,800 -2,650
7,449   6,501 948
366,507   399,023 -32,516
124,116   209,496 -85,380
150,093   223,834 -73,741
147,336   222,258 -74,922
148,058   206,623 -58,565
40,706   172,354 -131,648
868   2,364 -1,496
76,561   134,748 -58,187
25,520   49,271 -23,751
16,380   26,253 -9,873
169,256   261,888 -92,632
1,734   1,586 148
41,624   45,662 -4,038
209,093   240,456 -31,363
69,514   98,648 -29,134
70,417   95,929 -25,512
33,996   58,397 -24,401
1,511   2,685 -1,174
2,274   2,706 -432
94,403   166,132 -71,729
30,209   49,093 -18,884
119,577   135,580 -16,003
864   2,742 -1,878
23,195   64,174 -40,979
537,172   293,384 243,788
93,346   108,549 -15,203
36,726   49,739 -13,013
61,266   83,010 -21,744
61,266   95,019 -33,753
17,505   27,034 -9,529
1,317   4,214 -2,897
40,035   80,137 -40,102
682   1,021 -339
443,653   427,658 15,995
145,918   584,365 -438,447
14,488   64,379 -49,891
40,103   115,698 -75,595
307,990   240,710 67,280
196,361   196,883 -522
29,567   92,190 -62,623
88,702   174,587 -85,885
346,921   486,011 -139,090
17,922   25,108 -7,186
176,021   235,290 -59,269
3,845   3,537 308
124,413   199,868 -75,455
4,443   7,834 -3,391
184,272   178,998 5,274
168,151   227,949 -59,798
17,322   25,169 -7,847
59,571   78,882 -19,311
326,160   312,158 14,002
9,785   9,682 103
14,822   29,467 -14,645
257,367   431,242 -173,875
51,204   89,614 -38,410
296,886   387,174 -90,288
33,201   58,431 -25,230
132,806   206,982 -74,176
3,564     3,564
330     330
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       372,300
b       29,781
c       34,540
d       18,646
e       10,666
      77,903
      72,205
      47,575
      44,948
      33,504
      52,448
      89
      2,754
      140
      5,898
      4,018
      23,493
      11,580
      5,744
      311
      3,877
      5,596
      5,705
      5,695
      10,867
      5,295
      10,415
      3,023
      5,469
      1,087
      15,255
      26,252
      7,254
      7,193
      15,978
      16,660
      9,285
      17,584
      -67
      9,890
      2,230
      1,478
      4,206
      47,543
      4,741
      7,835
      91,766
      1,110
      1,616
      2,715
      3,973
      571
      -57,247
      676
      70,739
      -66,961
      -56,642
      -213,090
      -12
      66,222
      -15,020
      -130,739
      -11,531
      -119,027
      -2,974
      -8,893
      -20,609
      -136,631
      -85,261
      -69,460
      -1,492
      -38,257
      38,362
      -20,164
      -8,088
      -9,576
      -6,303
      -2,054
      -41,259
      -267,507
      -69,397
      48,924
      10,862
      -55,394
      -12,553
      -2,170
      -32,489
      -65,570
      -4,371
      -37,265
      -59,631
      -21,925
      60,439
      -1,801
      -37,515
      -218,807
      -122,631
      -22,922
      -50,316
      -74,842
      -10,213
      -386
      -2,650
      948
      -32,516
      -85,380
      -73,741
      -74,922
      -58,565
      -131,648
      -1,496
      -58,187
      -23,751
      -9,873
      -92,632
      148
      -4,038
      -31,363
      -29,134
      -25,512
      -24,401
      -1,174
      -432
      -71,729
      -18,884
      -16,003
      -1,878
      -40,979
      243,788
      -15,203
      -13,013
      -21,744
      -33,753
      -9,529
      -2,897
      -40,102
      -339
      15,995
      -438,447
      -49,891
      -75,595
      67,280
      -522
      -62,623
      -85,885
      -139,090
      -7,186
      -59,269
      308
      -75,455
      -3,391
      5,274
      -59,798
      -7,847
      -19,311
      14,002
      103
      -14,645
      -173,875
      -38,410
      -90,288
      -25,230
      -74,176
      3,564
      330
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 -2,462,068
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 0
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 0
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 0
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 3,792
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,792
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 3,792
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet3,792 RefundedBullet 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 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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)
    bulletCA
    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. ...............................
    10
     
    No
    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 addressbullet  
    14
    The books are in care ofbulletGEORGE ARGYRIS Telephone no.bullet (415) 954-4400

    Located atbullet235 MONTGOMERY ST 17TH FLSAN FRANCISCOCA ZIP+4bullet94104
    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
    George Argyris Trustee
    1     		0    
    235 Montgomery St 17th Floor
    San Francisco,CA94104
    Evan Abrams Trustee
    1     		0    
    235 Montgomery St 17th Floor
    San Francisco,CA94101
    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
    Dorsey & Whitney Trust Company LLC CUSTODIAL 60,375
    401E 8TH STREET SUITE 319
    SIOUX FALLS,SD57103
    Dodge & Cox INVESTMENT ADVSIOR 108,119
    555 CALIFORNIA STREET 40TH FLOOR
    SAN FRANCISCO,CA94104
    Farella Braun & Martel LP LEGAL FEES 82,236
    235 MONTGOMERY STREET 18TH FLOOR
    SAN FRANCISCO,CA94104
    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  
    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.........................bullet  
    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
    19,917,253
    b
    Average of monthly cash balances.......................
    1b
    5,497,843
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    25,415,096
    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
    25,415,096
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    381,226
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    25,033,870
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,251,694
    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
    1,251,694
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    0
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    0
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,251,694
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,251,694
    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
    1,251,694
    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
    6,079,484
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    6,079,484
    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
    6,079,484
    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 1,251,694
    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...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 604,015
    e From 2019...... 5,949,574
    fTotal of lines 3a through e........ 6,553,589
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 6,079,484
    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..... 1,251,694
    e Remaining amount distributed out of corpus 4,827,790
    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 11,381,379
    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) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		11,381,379
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 604,015
    d Excess from 2019.... 5,949,574
    e Excess from 2020.... 4,827,790
    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).)
    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
    The San Francisco Housing
    Accelerator Fund
    2370 MARKET ST SUITE 103
    San Francisco,CA94114     		N/A PC GENERAL OPERATING 2,000,000
    The Redwoods - A Community of
    Seniors
    40 CAMINO ALTO
    Mill Valley,CA94941     		N/A PC GENERAL OPERATING 1,000,000
    Family House Inc
    540 MISSION BAY BLVD NORTH
    San Francisco,CA94158     		N/A PC GENERAL OPERATING 2,000,000
    MERCY HOUSING CALIFORNIA
    1256 MARKET STREET
    SAN FRANCISCO,CA94102     		N/A PC DEVELOP SENIOR HOUSING 1,000,000
    Total .................................bullet 3a 6,000,000
    bApproved for future payment
    Total .................................bullet 3b  
    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 ...........     		         
    4 Dividends and interest from securities....     14 131,250  
    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 -2,462,068  
    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)..   -2,330,818  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -2,330,818
    (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
    BETTYE POETZ FERGUSON FOUNDATION
     
    Employer identification number

    94-3192412
    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
    BETTYE POETZ FERGUSON FOUNDATION
          		Employer identification number
    94-3192412
    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
    Catherine P Ferguson 1992 Irrv Trust
     
    235 Montgomery Street 17th Floor
     
    San Francisco, CA94104

    		$ 28,002,395


    (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.)
    (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.)
    (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
    BETTYE POETZ FERGUSON FOUNDATION
          		Employer identification number

    94-3192412
    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
    1
    		 See Attached $ 29,140,858 2020-01-24
    (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
    BETTYE POETZ FERGUSON FOUNDATION
          		Employer identification number

    94-3192412
    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:
    BETTYE POETZ FERGUSON FOUNDATION
    EIN:
    94-3192412
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT FEES 16,035 8,018   8,018

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    BETTYE POETZ FERGUSON FOUNDATION
    EIN:
    94-3192412
    US Government Securities - End of Year Book Value:

    12,493,984
    US Government Securities - End of Year Fair Market Value:

    12,496,889
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2020 LegalFeesSchedule
    Name:
    BETTYE POETZ FERGUSON FOUNDATION
    EIN:
    94-3192412
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 82,236 41,118   41,118


    TY 2020 OtherDecreasesSchedule
    Name:
    BETTYE POETZ FERGUSON FOUNDATION
    EIN:
    94-3192412
    Description Amount
    WASH SALE ADJUSTMENT 526,725


    TY 2020 OtherExpensesSchedule
    Name:
    BETTYE POETZ FERGUSON FOUNDATION
    EIN:
    94-3192412
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE RE-REGISTRATION FEE 160 0   160


    TY 2020 OtherIncreasesSchedule
    Name:
    BETTYE POETZ FERGUSON FOUNDATION
    EIN:
    94-3192412
    Description Amount
    OTHER ADJUSTMENTS 76,893


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    BETTYE POETZ FERGUSON FOUNDATION
    EIN:
    94-3192412
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CUSTODIAN FEES 60,375 30,187   30,188
    INVESTMENT MANAGEMENT FEES 108,119 108,119    
    INVESTMENT EXPENSES 458 458    


    TY 2020 TaxesSchedule
    Name:
    BETTYE POETZ FERGUSON FOUNDATION
    EIN:
    94-3192412
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 9,751 9,751   0
    FEDERAL ESTIMATES 3,051 0   0