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
GOLDHIRSH FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)CO RINET 101 FEDERAL ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOSTON, MA02110
A Employer identification number

27-2824140
B Telephone number (see instructions)

(323) 556-5879
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$62,899,204J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 4,751 4,751  
4 Dividends and interest from securities... 669,130 669,130  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,887,778
b Gross sales price for all assets on line 6a 13,021,881
7 Capital gain net income (from Part IV, line 2)... 1,896,941
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)....... Click to see attachment 92,351 -25,680  
12 Total. Add lines 1 through 11........ 2,654,010 2,545,142  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 279,671 0   279,671
14 Other employee salaries and wages...... 132,664 0   132,664
15 Pension plans, employee benefits....... 24,208 0   24,208
16a Legal fees (attach schedule)......... Click to see attachment 10,071 0   0
b Accounting fees (attach schedule)....... Click to see attachment 17,176 8,588   8,588
c Other professional fees (attach schedule).... Click to see attachment 399,291 218,272   165,347
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 70,179 18,989   25,190
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 15,976 7,988   7,988
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 230,805 186,292   32,735
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,180,041 440,129   676,391
25 Contributions, gifts, grants paid....... 2,288,500 2,288,500
26 Total expenses and disbursements. Add lines 24 and 25 3,468,541 440,129   2,964,891
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -814,531
b Net investment income (if negative, enter -0-) 2,105,013
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.............      
2 Savings and temporary cash investments......... 6,677,491 1,301,299 1,301,299
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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 bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment46,431,758 Click to see attachment50,993,419 Click to see attachment61,597,905
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 53,109,249 52,294,718 62,899,204
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 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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 53,109,249 52,294,718
29 Total net assets or fund balances (see instructions)..... 53,109,249 52,294,718
30 Total liabilities and net assets/fund balances (see instructions). 53,109,249 52,294,718
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
53,109,249
2
Enter amount from Part I, line 27a .....................
2
-814,531
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
52,294,718
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
52,294,718
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 MUTUAL FUNDS P 2020-01-01 2020-12-31
b MUTUAL FUNDS P 2010-01-01 2020-12-31
c DIAMOND HILL P 2020-01-01 2020-12-31
d DIAMOND HILL P 2010-01-01 2020-12-31
e FIERA CAPITAL P 2020-01-01 2020-12-31
FIERA CAPITAL P 2010-01-01 2020-12-31
HS MANAGEMENT P 2020-01-01 2020-12-31
HS MANAGEMENT P 2010-01-01 2020-12-31
LONDON CO OF VIRGINIA P 2020-01-01 2020-12-31
LONDON CO OF VIRGINIA P 2010-01-01 2020-12-31
VAUGHN NELSON P 2020-01-01 2020-12-31
VAUGHN NELSON P 2010-01-01 2020-12-31
AMPLIFY LA CAPITAL LP P 2010-01-01 2020-12-31
AXIOM INTL SMALL MICRO P 2020-01-01 2020-12-31
AXIOM INTL SMALL MICRO P 2010-01-01 2020-12-31
BRIGHTON PARK CAPITAL LP P 2020-01-01 2020-12-31
CENTRAL PARK GROUP ALLIANCE P 2020-01-01 2020-12-31
CENTRAL PARK GROUP ALLIANCE P 2010-01-01 2020-12-31
COLLABORATIVE I LP P 2020-01-01 2020-12-31
COLLABORATIVE I LP P 2010-01-01 2020-12-31
COLLABORATIVE II LP P 2010-01-01 2020-12-31
COLLABORATIVE III LP P 2010-01-01 2020-12-31
CORE INNOVATION CAPITAL II P 2010-01-01 2020-12-31
CRESCENT CAPITAL HIGH INC LP P 2020-01-01 2020-12-31
CRESCENT CAPITAL HIGH INC LP P 2010-01-01 2020-12-31
ELECTRIC CAPITAL VENTURE FD I LP P 2020-01-01 2020-12-31
ELECTRIC CAPITAL VENTURE FD I LP P 2010-01-01 2020-12-31
ABERDEEN P 2010-01-01 2020-12-31
NEW MOUNTAIN PARTNER V (AIV-A-2) P 2010-01-01 2020-12-31
OBVIOUS VENTURES II LP P 2020-01-01 2020-12-31
OBVIOUS VENTURES II LP P 2010-01-01 2020-12-31
PARK ST PRIVATE EQUITY FD P 2020-01-01 2020-12-31
PARK ST PRIVATE EQUITY FD P 2010-01-01 2020-12-31
RC MORGAN CREEK I P 2020-01-01 2020-12-31
RC MORGAN CREEK I P 2010-01-01 2020-12-31
RC MC II 2007 P 2020-01-01 2020-12-31
RC MC II 2007 P 2010-01-01 2020-12-31
RC MC III 2008 P 2020-01-01 2020-12-31
RC MC III 2008 P 2010-01-01 2020-12-31
WILLOW GROWTH PARTNERS P 2010-01-01 2020-12-31
PARK ST PRIVATE DIST IN EXCESS OF BASIS P 2010-01-01 2020-12-31
WHITE ELM REDEMPTION P 2010-01-01 2020-04-20
SEC 1231 GL FROM PARTNERSHIPS P 2010-01-01 2020-12-31
SEC 1250 GL FROM PARTNERSHIP P 2010-01-01 2020-12-31
ABERDEEN K1 IN EXCESS OF BASIS P 2010-01-01 2020-12-31
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 2,130,878   2,125,221 5,657
b 3,337,182   2,989,927 347,255
c 151,715   177,262 -25,547
d 378,221   354,686 23,535
e 386,243   315,967 70,276
983,064   754,129 228,935
1,384,993   1,414,703 -29,710
862,804   665,292 197,512
97,538   145,545 -48,007
182,573   214,988 -32,415
237,513   217,881 19,632
650,317   587,306 63,011
    2,559 -2,559
    4,286 -4,286
24,231     24,231
    394 -394
    125 -125
    15,842 -15,842
22     22
    12,394 -12,394
5,282     5,282
5,419     5,419
4,933     4,933
    6,669 -6,669
    24,894 -24,894
1,740     1,740
496     496
    5,204 -5,204
28,106     28,106
    2,232 -2,232
    7,417 -7,417
    76 -76
5,689     5,689
165     165
    10,951 -10,951
    207 -207
62,904     62,904
538     538
23,638     23,638
    3,783 -3,783
47,946     47,946
1,529,556   1,065,000 464,556
5,112     5,112
502     502
5,651     5,651
486,910     486,910
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       5,657
b       347,255
c       -25,547
d       23,535
e       70,276
      228,935
      -29,710
      197,512
      -48,007
      -32,415
      19,632
      63,011
      -2,559
      -4,286
      24,231
      -394
      -125
      -15,842
      22
      -12,394
      5,282
      5,419
      4,933
      -6,669
      -24,894
      1,740
      496
      -5,204
      28,106
      -2,232
      -7,417
      -76
      5,689
      165
      -10,951
      -207
      62,904
      538
      23,638
      -3,783
      47,946
      464,556
      5,112
      502
      5,651
      486,910
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 1,896,941
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 29,260
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 29,260
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 29,260
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 21,715
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 41,715
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 12,455
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet12,455 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$ 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 addressbulletWWW.GOLDHIRSHFOUNDATION.ORG
    14
    The books are in care ofbulletKATHLEEN C WALLACE RINET CO Telephone no.bullet (617) 488-2700

    Located atbullet101 FEDERAL STBOSTONMA ZIP+4bullet02110
    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
     
    No
    .........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). Click to see attachment
    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
    BENJAMIN A GOLDHIRSH PRESIDENT
    0.00     		0 0 0
    C/O SECOND HOME HOLLYWOOD 1370 N ST
    ANDREWS PLACE
    LOS ANGELES,CA90028
    CLAIRE DENISE HOFFMAN DIRECTOR
    0.00     		0 0 0
    C/O SECOND HOME HOLLYWOOD 1370 N ST
    ANDREWS PLACE
    LOS ANGELES,CA90028
    TARA ROTH SECRETARY/EXEC DIRECTOR
    40.00     		279,671 26,955 0
    C/O SECOND HOME HOLLYWOOD 1370 N ST
    ANDREWS PLACE
    LOS ANGELES,CA90028
    KATHLEEN C WALLACE TREASURER
    0.00     		0 0 0
    101 FEDERAL ST FL 14
    BOSTON,MA02110
    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
    CANTERBURY CONSULTING INVESTMENT ADVISORY 133,325
    660 NEWPORT CENTER DRIVE
    NEWPORT BEACH,CA92660
    RINET COMPANY LLC TAX AND ADMINISTRATION 115,410
    101 FEDERAL ST
    BOSTON,MA02110
    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 LEADERSHIP FOR URBAN RENEWAL NETWORK (LURN)INVESTMENT IN THE SEMI'A FUND (THE 'PROJECT'), A MICRO-LENDING PROGRAM PROVIDING SMALL LOANS TO ENTREPRENEURS IN LOW-INCOME NEIGHBORHOODS. THE SEMI'A FUND WILL OFFER LOANS RANGING FROM $1,000 TO $35,000. A LOAN WAS MADE BY THE FOUNDATION IN 2018 WITH REPAYMENT EXPECTED NO LATER THAN FEBRUARY 2020 (15 MONTHS AFTER DATE OF PROMISSORY NOTE). LOAN WAS REPAID, 2/11/2020 0
    2 AMIGOS OF COSTRA RICA NOSARA CRECE - A 5% LOAN FOR THE NOSARA BANK FUND (THE 'PROJECT') A MIRCO LENDING PROGRAM PROVIDING SMALL LOANS TO ENTRPRENUERS IN NOSARA, COSTA RICA. THE LOANS TO BORROWERS WILL HAVE AN INTEREST RATE OF 12% AND BE PAYABLE OVER 24-60 MONTHS. THE LOAN WAS MADE BY THE FOUNDATION WITH REPAYMENT EXPECTED PAYABLE 2025 (UPON THE SIXTIETH-ANNIVERSARY MONTH OF DEC 31, 2020). 100,000
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet100,000
    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
    54,980,555
    b
    Average of monthly cash balances.......................
    1b
    2,407,899
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    57,388,454
    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
    57,388,454
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    860,827
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    56,527,627
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,826,381
    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
    2,826,381
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    29,260
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    974
    c
    Add lines 2a and 2b............................
    2c
    30,234
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,796,147
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,796,147
    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
    2,796,147
    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
    2,964,891
    b
    Program-related investments—total from Part IX-B..................
    1b
    100,000
    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
    3,064,891
    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
    3,064,891
    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 2,796,147
    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......  
    b From 2016...... 1,161,332
    c From 2017...... 524,989
    d From 2018...... 713,957
    e From 2019...... 903,825
    fTotal of lines 3a through e........ 3,304,103
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 3,064,891
    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..... 2,796,147
    e Remaining amount distributed out of corpus 268,744
    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 3,572,847
    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 ......     		3,572,847
    10 Analysis of line 9:
    a Excess from 2016.... 1,161,332
    b Excess from 2017.... 524,989
    c Excess from 2018.... 713,957
    d Excess from 2019.... 903,825
    e Excess from 2020.... 268,744
    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
    826 LA
    1714 WEST SUNSET BLVD
    LOS ANGELES,CA90026     		NONE PUBLIC GALA PLEDGE 35,000
    826 LA
    1714 WEST SUNSET BLVD
    LOS ANGELES,CA90027     		NONE PUBLIC GENERAL OPERATING SUPPORT 35,000
    AMERICAN BALLET THEATRE
    890 BROADWAY 3RD FLOOR
    NEW YORK,NY10003     		NONE PUBLIC CHARITABLE CONTRIBUTION 10,000
    AMIGOS OF COSTA RICA INC
    101 E GAY ST
    WEST CHESTER,PA19380     		NONE PUBLIC EMERGENCY/CRISIS COMMITMENTS 100,000
    AMIGOS OF COSTA RICA INC
    101 E GAY ST
    WEST CHESTER,PA19380     		NONE PUBLIC YO EMPRENDEDOR/NOSARA BANK PROJECT 110,000
    AMIGOS OF COSTA RICA INC
    101 E GAY ST
    WEST CHESTER,PA19380     		NONE PUBLIC BOMBEROS DE NOSARA 150,000
    AMIGOS OF COSTA RICA INC
    101 E GAY ST
    WEST CHESTER,PA19380     		NONE PUBLIC CASA DE LAS ESTRELLAS SCHOLARSHIPS 54,000
    AMIGOS OF COSTA RICA INC
    101 E GAY ST
    WEST CHESTER,PA19380     		NONE PUBLIC COVID RELIEF 1,500
    CALIFORNIA VOLUNTEERS FUND
    1400 10TH ST
    SACRAMENTO,CA95814     		NONE PUBLIC CHARITABLE CONTRIBUTION 700
    CARECEN
    2845 W 7TH STREET
    LOS ANGELES,CA95814     		NONE PUBLIC MY LA2050 CHALLENGE 10,000
    CITY YEARS LOS ANGELES
    606 S OLIVE ST 2ND FL
    LOS ANGELES,CA90014     		NONE PUBLIC CITY YEAR LA 35,000
    CLINICA MSR OSCAR A ROMERO
    2032 MARENGO STREET
    LOS ANGELES,CA90033     		NONE PUBLIC MY LA2050 CHALLENGE 100,000
    COLLEGE OF THE HOLY CROSS
    ONE COLLEGE STREET
    WORCESTER,MA01610     		NONE PUBLIC HOLY CROSS FUND 5,000
    COMMUNITY PARTNERS
    PO BOX 741265
    LOS ANGELES,CA90074     		NONE PUBLIC MY LA2050 CHALLENGE FBO LOS FOTOS 100,000
    COMMUNITY PARTNERS
    PO BOX 741265
    LOS ANGELES,CA90074     		NONE PUBLIC MY LA2050 CHALLENGE FBO SOUTHERN CA COLLEGE ACCESS NETOWRK 50,000
    COMMUNITY PARTNERS
    PO BOX 741265
    LOS ANGELES,CA90074     		NONE PUBLIC MY LA2050 CHALLENGE FBO SAFE PARKING LA 10,000
    FLINTRIDGE CENTER
    236 W MOUNTAIN ST SUITE 106
    PASADENA,CA91103     		NONE PUBLIC MY LA2050 CHALLENGE 10,000
    FRIENDS OF THE OBSERVATORY
    2800 EAST OBSERVATORY RD
    LOS ANGELES,CA90027     		NONE PUBLIC GENERAL OPERATING SUPPORT 50,000
    GIRLS INC OF HOLYOKE
    PO BOX 6812
    HOLYOKE,MA01041     		NONE PUBLIC CHARITABLE CONTRIBUTION 10,000
    GRID 110 INC
    215 W 6TH STREET 1214
    LOS ANGELES,CA90014     		NONE PUBLIC MY LA2050 CHALLENGE 15,000
    HOPEWELL FUND
    1201 CONNECTICUT AVE NW SUITE 300
    WASHINGTON,DC20036     		NONE PUBLIC COST-OF-LIVING REFUND PROGRAM 50,000
    HUDSONIA LTD
    PO BOX 5000
    ANNANDALE,NY12504     		NONE PUBLIC CHARITABLE CONTRIBUTION 10,000
    IMPACT ASSETS
    7315 WISCONSIN AVE SUITE 1000W
    BETHESDA,MD20814     		NONE PUBLIC EMERGENCY/CRISIS COMMITMENTS 100,000
    IMPACT ASSETS
    7315 WISCONSIN AVE SUITE 1000W
    BETHESDA,MD20814     		NONE PUBLIC AMIGOS DE COSTA RICA TO SUPPORT DEL MAR SCHOLARSHIPS 75,000
    IMPACT ASSETS
    7315 WISCONSIN AVE SUITE 1000W
    BETHESDA,MD20814     		NONE PUBLIC AMIGOS DE COSTA RICA TO SUPPORT NOSARA ANIMAL RESCUE 6,000
    JENESSE CENTER INC
    PO BOX 8476
    LOS ANGELES,CA90008     		NONE PUBLIC MY LA2050 CHALLENGE 25,000
    LA SOCIAL VENTURES
    800 WILSHIRE BLVD SUITE 200
    LOS ANGELES,CA90017     		NONE PUBLIC CHARITABLE CONTRIBUTION 30,000
    LA VOICE
    3660 WILSHIRE BLVD SUITE 602
    LOS ANGELES,CA90010     		NONE PUBLIC LA FORWARD 25,000
    LARCHMONT CHARTER SCHOOL
    444 N LARCHMONT BLVD 207
    LOS ANGELES,CA90004     		NONE PUBLIC CHARITABLE CONTRIBUTION 13,625
    LOS ANGELES AUDOBON SOCIETY
    PO BOX 411301
    LOS ANGELES,CA90041     		NONE PUBLIC MY LA2050 CHALLENGE 15,000
    LOS ANGELES MARITIME INSTITUTE
    BERTH 73 SUITE 2
    SAN PEDRO,CA90731     		NONE PUBLIC MY LA2050 CHALLENGE 25,000
    LOS ANGELES CLEANTECH INCUBATOR
    525 S HEWITT ST
    LOS ANGELES,CA90013     		NONE PUBLIC C40 CLIMATE CHANGE START-UP 50,000
    LOS ANGELES DODGERS FOUNDATION
    1000 VIN SCULLY AVE
    LOS ANGELES,CA90012     		NONE PUBLIC MY LA2050 CHALLENGE 50,000
    LOS ANGELES PARKS FOUNDATION
    2650 N COMMONWEALTH AVE
    LOS ANGELES,CA90027     		NONE PUBLIC MY LA2050 CITY OF LA DEPT OF PARKS & REC 100,000
    LOS ANGELES PROMISE FUND
    1933 S BROADWAY SUITE 1108
    LOS ANGELES,CA90007     		NONE PUBLIC CHARITABLE CONTRIBUTION 15,000
    LOST ANGELS CHILDREN'S PROJECT
    45059 TREVOR AVENUE
    LANCASTER,CA93535     		NONE PUBLIC MY LA2050 CHALLENGE 50,000
    LOYOLA HIGH SCHOOL
    1901 VENICE BOULEVARD
    LOS ANGELES,CA90006     		NONE PUBLIC CHARITABLE CONTRIBUTION 5,500
    MAYOR'S FUND FOR LA
    200 N SPRING STREET ROOM 305
    LOS ANGELES,CA90012     		NONE PUBLIC SUPPORT OF LA ORIGINALS 50,000
    MAYOR'S FUND FOR LA
    201 N SPRING STREET ROOM 305
    LOS ANGELES,CA90012     		NONE PUBLIC COVID-19 EMERGENCY RESPONSE FUND 100,000
    NATIONAL DOMESTIC WORKERS ALLIANCE
    45 BROADWAY SUITE 230
    NEW YORK,NY10006     		NONE PUBLIC FAMILIES BELONG TOGETHER 50,000
    NATIONAL REDISTRICTING FOUNDATION
    C/O PERKINS COIE 700 13TH ST NW
    SUITE 600
    WASHINGTON,DC20005     		NONE PUBLIC CHARITABLE CONTRIBUTION 10,000
    PEDIATRIC THERAPY NETWORK
    1815 W 213TH ST SUITE 100
    TORRANCE,CA90501     		NONE PUBLIC MY LA2050 CHALLENGE 100,000
    PEOPLE'S ACTION INSTITUTE
    1130 N MILWAUKEE AVENUE
    CHICAGO,IL60642     		NONE PUBLIC SUPPORT OF 501(3) ACTIVITIES 25,000
    PINYON FOUNDATION
    2021 OCEAN AVE 204
    SANTA MONICA,CA90405     		NONE PUBLIC MY LA2050 CHALLENGE - CROP SWAP LA 50,000
    PLEDGELING
    2100 ABBOT KINNEY BLVD UNIT E
    VENICE,CA90291     		NONE PUBLIC MY LA2050 IDEAS ARCHIVE MATCH 10,000
    PUBLIC MATTERS
    1439 ELEVADO STREET
    LOS ANGELES,CA90026     		NONE PUBLIC MY LA2050 CHALLENGE 15,000
    READING PARTNERS
    1401 PRIME COURT
    PASADENA,CA91104     		NONE PUBLIC MY LA2050 CHALLENGE 25,000
    READY TO SUCCEED
    449 17TH STREET
    SANTA MONICA,CA90402     		NONE PUBLIC MY LA2050 CHALLENGE 100,000
    SOCIAL & ENVIRONMENTAL ENTREPRENEURS
    23532 CALABASAS ROAD
    CALABASAS,CA91302     		NONE PUBLIC MY LA2050 CHALLENGE FBO BOYLE HEIGHTS BEAT 15,000
    SOCIAL & ENVIRONMENTAL ENTREPRENEURS
    23532 CALABASAS ROAD
    CALABASAS,CA91302     		NONE PUBLIC MY LA2050 CHALLENGE FBO CREATIVE ACTS 10,000
    SQUASH BUSTERS
    795 COLUMBUS AVE
    BOSTON,MA02120     		NONE PUBLIC CHARITABLE CONTRIBUTION 2,000
    ST BRENDAN'S SCHOOL
    238 S MANHATTAN PL
    LOS ANGELES,CA90004     		NONE PUBLIC CHARITABLE CONTRIBUTION 175
    ST JOSEPH HIGH SCHOOL CHARITABLE FDN
    145 PLAINFIELD AVENUE
    METUCHEN,NJ08840     		NONE PUBLIC JOHN SABINE '79 MEMORIAL SCHOLARSHIP FUND 5,000
    STRATEGIC ACTIONS FOR A JUST ECONOMY
    4616 7TH AVENUE
    LOS ANGELES,CA90043     		NONE PUBLIC MY LA2050 CHALLENGE 15,000
    THE SYNERGOS INSTITUTE
    3 EAST 54TH ST
    NEW YORK,NY10022     		NONE PUBLIC GLOBAL PHILANTHROPISTS CIRCLE ANNUAL RENEWAL 25,000
    THE ADVERTISING COUNCIL
    815 SECOND AVE 9TH FLOOR
    NEW YORK,NY10017     		NONE PUBLIC GENERAL OPERATING SUPPORT 50,000
    THE URBAN WAREHOUSE
    759 S ATLANTIC BLVD
    LOS ANGELES,CA90022     		NONE PUBLIC MY LA2050 CHALLENGE 10,000
    UC SANTA CRUZ
    1156 HIGH ST
    SANTA CRUZ,CA95064     		NONE PUBLIC MATCHING GRANT 10,000
    UNION STATION HOMELESS SERVICES
    825 E ORANGE GROVE BLVD
    PASADENA,CA91104     		NONE PUBLIC MY LA2050 CHALLENGE 50,000
    UNITED AMERICA INSTITUTE
    1580 LINCOLN ST SUITE 520
    DENVER,CO80203     		NONE PUBLIC FELLOWS PROGRAM SUPPORT 25,000
    Total .................................bullet 3a 2,288,500
    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 4,751  
    4 Dividends and interest from securities....     14 669,130  
    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.....     14 92,351  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,887,778  
    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).. 0 2,654,010 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,654,010
    (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

    TY 2020 AccountingFeesSchedule
    Name:
    GOLDHIRSH FOUNDATION
    EIN:
    27-2824140
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT FEE - HCVT 17,176 8,588   8,588

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 ExpenditureResponsibilityStmt
    Name:
    GOLDHIRSH FOUNDATION
    EIN:
    27-2824140
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    AMIGOS OF COSTA RICA NOSARA CRECE
          		101 E GAY ST
    WEST CHESTER,PA19380     		2020-11-25 100,000 A MIRCO LENDING PROGRAM PROVIDING SMALL LOANS TO ENTRPRENUERS IN NOSARA, COSTA RICA. THE LOANS TO BORROWERS WILL HAVE AN INTEREST RATE OF 12% AND BE PAYABLE OVER 24-60 MONTHS. THE LOAN WAS MADE BY THE FOUNDATION WITH REPAYMENT EXPECTED PAYABLE IN 2025 (UPON THE SIXTIETH-ANNIVERSARY MONTH OF DEC 31, 2020)   NONE      
    LEADERSHIP FOR URBAN RENEWAL NETWORK (NOW INCLUSIVE ACTION FOR THE CITY)
          		553 S CLARENCE ST
    LOS ANGELES,CA90033     		2018-11-27 35,000 LEADERSHIP FOR URBAN RENEWAL NETWROK (LURN) INVESTMENT IN THE SEMI'A FUND (THE 'PROJECT'). A MICRO-LENDING PROGRAM PROVIDING SMALL LOANS TO ENTREPRENEURS IN LOW INCOME NEIGHBORHOODS. THE SEMI' A FUND WILL OFFER LOANS RANGING FROM $1,000 TO $35,000. A LOAN WAS MADE BY THE FOUNDATION IN 2018 WITH REPAYMENT EXPECTED NO LATER THAN FEBRUARY 2020 (15 MONTHS AFTER DATE OF PROMISSORY NOTE). LOAN WAS REPAID 2/11/20   NONE 10/29/19, 02/11/20 2020-02-11 LOAN REPAID FEB 11, 2020

    TY 2020 LegalFeesSchedule
    Name:
    GOLDHIRSH FOUNDATION
    EIN:
    27-2824140
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LOEB & LOEB 10,071 0   0


    TY 2020 OtherAssetsSchedule
    Name:
    GOLDHIRSH FOUNDATION
    EIN:
    27-2824140
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIAMOND HILL CAPITAL MGMT (SMA ACCT) 1,536,435 1,559,780 1,962,335
    FIERA CAPITAL INC (SMA ACCT) 1,812,975 1,711,344 2,418,936
    HS MANAGEMENT (SMA ACCT) 1,755,977 1,939,797 2,407,786
    THE LONDON CO OF VIRGINIA (SMA ACCT) 1,659,460 1,605,865 2,037,200
    VAUGHN NELSON INVESTMENT (SMA ACCT) 1,707,310 1,859,566 2,231,855
    AMERICAN FD EUROPACIFIC 3,476,064 3,085,575 4,378,709
    BMO LGM EMERGING MARKETS EQUITY 2,231,314 2,287,854 2,602,414
    BRANDYWINE GLOBAL OPPORTUNISTIC 1,464,723 1,058,189 1,148,662
    COLUMBIA SELECT LARGE CAP 652,428 652,428 1,084,104
    DOUBLINE TOTAL RETURN 1,495,376 1,545,361 1,503,586
    FPA CRESCENT FUND 1,285,676 0 0
    METROPOLITAN WEST TOTAL 1,678,060 1,492,028 1,522,841
    MFS INTL VALUE CL I 3,002,446 2,875,619 4,199,080
    PIMCO COMMODITY REAL 1,193,990 1,510,142 1,215,927
    PIMCO SHORT ASSET INVESTMENT 0 4,785,891 4,785,022
    PIMCO TOTAL RETURN 1,742,842 1,538,975 1,539,962
    TEMPLETON GLOBAL BOND FUND 1,237,878 1,249,901 1,045,375
    VAN ECK GLOBAL HARD 907,914 1,220,416 1,468,336
    WELLS FARGO ABSOLUTE (GMO) 1,174,903 1,470,907 1,385,221
    AXIOM INTERNATIONAL SMALL/MICROCAP OPP FD, LP 1,004,438 1,011,621 1,234,947
    BLAIR FINANCIAL HOLDINGS 125,000 125,000 120,740
    CANYON VALUE REALIZATION FUND LP 1,065,000 1,065,000 1,343,417
    CRESCENT CAPITAL HIGH INCOME FD, LP 809,494 824,973 1,024,506
    GOLDENTREE SELECT TREE 1,000,000 1,500,000 1,687,316
    HAWK RIDGE PARTNERS OFFSHORE LTD 1,250,000 1,250,000 1,489,207
    MIURA OFFSHORE LTD 1,065,000 1,065,000 1,583,681
    NEWBROOK CAPITAL LP 1,065,000 1,065,000 1,598,042
    TACONIC OPPORTUNITY OFFSHORE FD LTD 1,065,000 1,065,000 1,383,576
    THIRD POINT FD LTD 1,000,000 1,500,000 1,786,658
    WHITE ELM CAPITAL PARTNERS, LP 1,065,000 0 0
    AMPLIFY LA CAPITAL IV, LP 37,803 67,785 73,243
    BEDROCK CAPITAL II LP 100,922 232,069 242,626
    BEGIN A LEGACY INC (DBA GVNG) 200,000 200,000 200,000
    BLAIR (NEW EPONA) 100,000 100,000 100,000
    BOOM CAPITAL FUND I 127,524 170,318 185,750
    BRIGHTON PARK CAPITAL FUND I-A LP 0 111,639 106,198
    CENTRAL PARK GROUP MGR. ALLIANCE FUND, LLC 29,640 9,533 31,606
    COLLABORATIVE I, LP 448,467 429,013 351,918
    COLLABORATIVE II, LP 663,534 706,385 1,583,079
    COLLABORATIVE III, LP 770,786 782,534 1,524,693
    COLLABORATIVE IV, LP 59,934 116,211 152,991
    CORE INNOVATIVE CAPITAL II LP 157,346 189,448 264,915
    ECLIPSE FUND III LP 112,744 195,364 227,247
    ELECTRIC CAPITAL VENTURE FUND I LP 0 158,140 181,180
    ENCANTOS MEDIA 0 50,000 50,000
    ABERDEEN/FLAG VENTURE PARTNERS III 0 0 3,776
    HARVEST FESH FOODS (EVERY TABLE) 411,000 411,000 467,537
    INCLUSION FOR ACTION FOR THE CITY (LURN) 35,000 0 0
    KDT VENTURES FUND II LP 0 56,168 57,511
    NATION BUILDER (3DNA) 100,000 100,000 100,000
    NEW MOUNTAIN V 242,209 342,946 449,246
    NOSARA CRECE (AMIGOS PRI 2020) 0 100,000 100,000
    OBVIOUS VENTURES II LP 379,369 399,646 562,051
    OPTIMIST INDUSTRIES 0 75,000 75,000
    PARK STREET CAPITAL PRIVATE EQUITY FUND VI, LP 84,615 0 26,820
    PUREPLUS 75,000 75,000 75,000
    RC/MCII 2007 LLC 289,377 324,657 288,714
    RC/MCIII 2008 LLC 253,998 220,514 274,276
    RC/MORGAN CREEK I ASSOCIATES LLC 215,907 178,100 113,152
    REDMILE 0 125,765 223,746
    SINGULARITY EDUCATION GROUP CONV NOTE 250,000 250,000 264,014
    SOKO 200,000 200,000 200,000
    STONES@MILESTONES 0 100,000 100,000
    UNREASONABLE CAPITAL 131,880 133,486 226,491
    WILLOW GROWTH PARTNERS FUND LP 0 36,466 35,980
    WORLDZ LLC 100,000 100,000 100,000
    ZIPONGO CONVERTIBLE NOTE SERIES A 325,000 325,000 389,704


    TY 2020 OtherExpensesSchedule
    Name:
    GOLDHIRSH FOUNDATION
    EIN:
    27-2824140
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TOTAL SECTION 59(E)(2) EXPENSES FROM PARTNERSHIPS 499 499   0
    TOTAL PORTFOLIO DEDUCTIONS FROM PARTNERSHIPS 181,734 181,734   0
    TOTAL NON DEDUCTIBLE EXP FROM PARTNERSHIPS 88 0   0
    TOTAL ROYALTY DEDUCTIONS ON PARTNERSHIPS 56 56   0
    PAYROLL PROCESSING FEES 19,811 0   19,811
    WORKERS COMP INSURANCE 5,109 0   5,109
    FILING FEES 25 25   0
    DIRECTORS & OFFICERS INSURANCE 1,065 0   0
    MEMBERSHIP DUES 7,846 246   0
    CHARITABLE DONATIONS FROM K-1S 18 0   18
    INTEREST EXPENSE FROM PARTNERSHIPS 3,732 3,732   0
    OFFICE HELP-INTERNS 670 0   670
    MAILCHIMP MARKETING 7,127 0   7,127
    OFFICE EXPENSES 3,025 0   0


    TY 2020 OtherIncomeSchedule2
    Name:
    GOLDHIRSH FOUNDATION
    EIN:
    27-2824140
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    NET RENTAL INCOME FROM PARTNERSHIPS -1,459 -1,459 -1,459
    NONDIVIDEND DISTRIBUTIONS FROM MUTUAL FUNDS 56,640 0 56,640
    ORDINARY INCOME FROM PARTNERSHIPS -10,134 -10,134 -10,134
    GUARANTEED PAYMENTS FROM PARTNERSHIPS 3,220 3,220 3,220
    OTHER INCOME FROM PARTNERSHIPS -18,786 -18,786 -18,786
    OTHER PORTFOLIO INCOME FROM PARTNERSHIPS -1,350 -1,350 -1,350
    ROYALTY INCOME FROM PARTNERSHIPS 250 250 250
    CANCELLATION OF DEBT FRM PARTNERSHIPS 2,579 2,579 2,579
    MISC RECEIPT 61,391 0 61,391


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    GOLDHIRSH FOUNDATION
    EIN:
    27-2824140
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    RINET COMPANY, LLC- ADMINISTRATION AND TAX 115,410 23,082   92,328
    LA2050 EXPENSES 7,500 0   7,500
    LA2050 WEB DESIGN 17,480 0   17,480
    LA2050 CONSULTANT - GOOD WAYS 35,979 0   35,979
    REIMBURSED TRAVEL EXP & OUT OF POCKET EXPENSES 14,997 0   0
    CONSULTANT -ANGIE JEAN MARIE 12,060 0   12,060
    CONSULTANT - CHRISTIANSEN CONSULTING 675 0   0
    SCHWAB ADR FEES HS MGMT 179 179   0
    SCHWAB ADR FEES FIERA CAPITAL 3 3   0
    SCHWAB ADR FEES LONDON CO 17 17   0
    FIERA CAPITAL ADVISORY FEE 12,463 12,463   0
    HS MANAGEMENT INVT ADVISORY FEE 19,619 19,619   0
    CANTERBURY INVT ADVISORY FEE 133,325 133,325   0
    DIAMOND HILL INVT ADVISORY FEE 7,953 7,953   0
    LONDON CO OF VA INVT ADVISORY FEE 8,521 8,521   0
    VAUGHN NELSON INVT ADVISORY FEE 13,110 13,110   0


    TY 2020 TaxesSchedule
    Name:
    GOLDHIRSH FOUNDATION
    EIN:
    27-2824140
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 25,190 0   25,190
    FOREIGN TAX W/HELD PSHIP K1'S 2,241 2,241   0
    FEDERAL 2019 990PF EXTENSION PAYMENT 26,000 0   0
    CA FORM 199 BAL DUE 10 10   0
    CA 2019 FORM RRF1 150 150   0
    FORIEGN TAX PD SCHWAB FUNDING 15,675 15,675   0
    FOREIGN TAX PAID SCHWAB HS MGMT 644 644   0
    FOREIGN TAX PAID LONDON CO 256 256   0
    FOREIGN TAX PAID VAUGHN NELSON 13 13   0