Form990-PF
Click to see attachment

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
WILLIAMS-CORBETT FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 50340
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SANTA BARBARA, CA93150
A Employer identification number

77-6150330
B Telephone number (see instructions)

(805) 884-4334
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$23,562,139J 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) 848,314
2 Check bullet.............
3 Interest on savings and temporary cash investments 127,447 127,447 127,447
4 Dividends and interest from securities... 327,236 327,236 327,236
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 281,828
b Gross sales price for all assets on line 6a 3,497,104
7 Capital gain net income (from Part IV, line 2)... 281,828
8 Net short-term capital gain......... 73,984
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 27,345    
12 Total. Add lines 1 through 11........ 1,612,170 736,511 528,667
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 8,500 8,500    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 17,880 17,880    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 149,562 149,562    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 175,942 175,942   0
25 Contributions, gifts, grants paid....... 796,219 796,219
26 Total expenses and disbursements. Add lines 24 and 25 972,161 175,942   796,219
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 640,009
b Net investment income (if negative, enter -0-) 560,569
c Adjusted net income (if negative, enter -0-)... 528,667
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............. 382,019 671,856 671,856
2 Savings and temporary cash investments.........      
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) 2,065,033 2,352,716 2,425,276
b Investments—corporate stock (attach schedule)....... 6,784,522 6,867,002 8,615,573
c Investments—corporate bonds (attach schedule)....... 4,475,600 4,364,215 4,725,233
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,781,557 5,872,951 7,124,201
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) 19,488,731 20,128,740 23,562,139
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 19,488,731 20,128,740
29 Total net assets or fund balances (see instructions)..... 19,488,731 20,128,740
30 Total liabilities and net assets/fund balances (see instructions). 19,488,731 20,128,740
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
19,488,731
2
Enter amount from Part I, line 27a .....................
2
640,009
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
20,128,740
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
20,128,740
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 25,000.00 BANK AMER CORP 5.875% DUE 01-05-2021 - 0 P 2018-07-25 2020-10-16
b 25,000.00 BERKSHIRE HATHAWAY 1.85% DUE 03-12-2030 - 084664CU3 P 2020-03-04 2020-08-11
c 25,000.00 BERKSHIRE HATHAWAY 1.85% DUE 03-12-2030 - 084664CU3 P 2020-03-04 2020-08-11
d 50,000.00 BK NEW YORK MELLON 2.1% DUE 10-24-2024 - 06406RAL1 P 2019-10-17 2020-04-17
e 10,000.00 BLACKROCK INC 2.4% DUE 04-30-2030 - 09247XAQ4 P 2020-01-16 2020-08-11
40,000.00 BLACKROCK INC 2.4% DUE 04-30-2030 - 09247XAQ4 P 2020-01-16 2020-08-11
50,000.00 BLACKROCK INC 3.2% DUE 03-15-2027 - 09247XAN1 P 2019-01-09 2020-09-09
50,000.00 COCA COLA CO FIXED 2.125% DUE 09-06-2029 - 191216CM0 P 2019-09-04 2020-04-29
30,000.00 COMCAST CORP NEW 2.65% DUE 02-01-2030 - 20030NDA6 P 2019-10-29 2020-05-20
20,000.00 COMCAST CORP NEW 2.65% DUE 02-01-2030 - 20030NDA6 P 2019-10-29 2020-05-20
35,000.00 DEERE JOHN CAP 1.75% DUE 03-09-2027 - 24422EVF3 P 2020-03-05 2020-09-23
15,000.00 DEERE JOHN CAP 1.75% DUE 03-09-2027 - 24422EVF3 P 2020-03-04 2020-09-23
15,000.00 DISNEY WALT CO 2% DUE 09-01-2029 - 254687FL5 P 2019-09-03 2020-02-13
35,000.00 DISNEY WALT CO 2% DUE 09-01-2029 - 254687FL5 P 2019-09-03 2020-02-13
35,000.00 DUKE ENERGY PROGRESS LLC 3.45% 03-15-2029 - 26442UAH7 P 2019-03-04 2020-08-12
50,000.00 ERP OPER LTD 3% DUE 07-01-2029 - 26884ABL6 P 2019-06-17 2020-09-23
15,000.00 ESTEE LAUDER COS 2.6% DUE 04-15-2030 - 29736RAQ3 P 2020-04-07 2020-11-19
75,000.00 FHLB1 - FHLB TRANCHE 00481 2.625% 10-01-2020 P 2019-01-09 2020-10-01
50,000.00 FNMAB - FANNIE MAE 1.5% DUE 06-22-2020 P 2015-05-04 2020-06-22
40,000.00 GEN DYNAMICS CORP 1.875% DUE 08-15-2023 - 369550AW8 P 2016-08-09 2020-02-24
40,000.00 GOLDMAN SACHS 3.75% DUE 02-25-2026 - 38143U8H7 P 2016-02-22 2020-02-05
10,000.00 HERSHEY CO 2.05% DUE 11-15-2024 - 427866BC1 P 2019-10-28 2020-05-27
40,000.00 HERSHEY CO 2.05% DUE 11-15-2024 - 427866BC1 P 2019-10-28 2020-05-27
75,000.00 HOME DEPOT INC 3.35% DUE 09-15-2025 - 437076BK7 P 2019-01-09 2020-01-16
50,000.00 MASTERCARD INC 2% DUE 03-03-2025 - 57636QAN4 P 2019-11-25 2020-04-27
40,000.00 METLIFE INC STEP CPN 3.048% DUE 12-15-2022 - 59156RBF4 P 2012-09-28 2020-06-29
40,000.00 MITSUBISHI UFJ FIXED 2.665% DUE 07-25-2022 - 606822AP9 P 2017-07-20 2020-06-29
20,000.00 MORGAN STANLEY 3.875% DUE 04-29-2024 - 61746BDQ6 P 2015-01-29 2020-04-24
15,000.00 MORGAN STANLEY 3.875% DUE 04-29-2024 - 61746BDQ6 P 2015-01-29 2020-04-24
60,000.00 MTN1 - DEERE JOHN CAP 2.25% DUE 09-14-2026 P 2019-09-09 2020-03-05
50,000.00 MTN1 - ROYAL BK CDA GLOBAL MEDIUM TERM SR BK NT2.25% DUE 11-01-2024 P 2019-10-21 2020-06-03
45,000.00 MTN1 - TORONTO DOMINION BK FIXED 3.25% 03-11-2024 REG P 2019-03-04 2020-06-10
25,000.00 MTN1 - WELLS FARGO & CO 2.6% 07-22-2020 P 2015-07-15 2020-07-22
40,000.00 OCCIDENTAL PETE 2.6% DUE 04-15-2022 - 674599CK9 P 2016-03-28 2020-12-22
50,000.00 PHILIP MORRIS INTL 2.875% DUE 05-01-2024 - 718172CH0 P 2019-04-29 2020-04-29
50,000.00 PNC FINL SVCS 2.6% DUE 07-23-2026 - 693475AX3 P 2019-07-18 2020-08-04
55,000.00 PPG INDS INC 3.6% DUE 11-15-2020 - 693506BD8 P 2018-03-20 2020-02-12
50,000.00 SCHWAB CHARLES 4% DUE 02-01-2029 - 808513AZ8 P 2019-01-09 2020-12-09
50,000.00 SPCL1 - INTERCONTINENTAL 3.75% DUE 12-01-2025 P 2019-01-09 2020-06-29
20,000.00 STATE STR CORP 2.354% DUE 11-01-2025 - 857477BE2 P 2019-10-29 2020-05-20
30,000.00 STATE STR CORP 2.354% DUE 11-01-2025 - 857477BE2 P 2019-10-29 2020-05-20
9,000.00 STATOIL ASA 2.45 DUE 01-17-2023 REG - 85771PAG7 P 2012-11-15 2020-06-29
22,000.00 STATOIL ASA 2.45 DUE 01-17-2023 REG - 85771PAG7 P 2012-11-15 2020-06-29
9,000.00 STATOIL ASA 2.45 DUE 01-17-2023 REG - 85771PAG7 P 2012-11-15 2020-06-29
20,000.00 TD AMERITRADE HLDG 2.75% DUE 10-01-2029 - 87236YAJ7 P 2019-08-13 2020-01-17
50,000.00 TD AMERITRADE HLDG 3.75% DUE 04-01-2024 - 87236YAH1 P 2018-10-30 2020-06-29
15,000.00 TEXAS INSTRS INC 2.25% DUE 09-04-2029 - 882508BG8 P 2019-08-26 2020-10-20
35,000.00 TEXAS INSTRS INC 2.25% DUE 09-04-2029 - 882508BG8 P 2019-08-26 2020-10-20
40,000.00 TORONTO DOMINION 1.8% DUE 07-13-2021 - 89114QBL1 P 2016-07-06 2020-06-10
50,000.00 TOYOTA MTR CR CORP 2% DUE 10-07-2024 - 89236TGL3 P 2019-10-02 2020-04-17
25,000.00 U S BANCORP MEDIUM 2.375% DUE 07-22-2026 - 91159HHN3 P 2016-07-19 2020-05-14
75,000.00 UNITED STATES TREAS NOTES 2.50% 12-31-2020 REG - 9128285S5 P 2019-01-09 2020-12-31
50,000.00 UNITED STATES TREAS NTS 2.625% DUE 07-31-2020 REG - 912828Y46 P 2018-08-23 2020-07-31
50,000.00 UNITED STATES TREAS NTS DTD 07/31/2015 1.625% DUE 07-31-2020 REG - 912828XM7 P 2015-08-18 2020-07-31
25,000.00 UNITED STATES TREAS NTS DTD 10/31/2013 1.75% DUE 10-31-2020 REG - 912828WC0 P 2013-11-05 2020-08-21
50,000.00 UNITED STATES TREAS NTS DTD 2.875% DUE 10-31-2020 REG - 9128285G1 P 2018-11-08 2020-11-02
50,000.00 UNITED STATES TREAS NTS FIXED 1.375% DUE 09-30-2020 - 912828L65 P 2015-09-28 2020-09-30
25,000.00 UNITEDHEALTH GROUP 2.875% DUE 08-15-2029 - 91324PDS8 P 2019-07-24 2020-05-13
25,000.00 UNITEDHEALTH GROUP 2.875% DUE 08-15-2029 - 91324PDS8 P 2019-07-23 2020-05-13
20,000.00 WALMART INC 2.375% DUE 09-24-2029 - 931142EQ2 P 2019-09-19 2020-02-12
45,000.00 WALMART INC 2.85% DUE 07-08-2024 - 931142EL3 P 2019-04-17 2020-03-25
15,000.00 WALMART INC 2.85% DUE 07-08-2024 - 931142EL3 P 2019-04-16 2020-03-25
5,190.00 IWN - MFC ISHARES TR RUSSELL 2000 VALUE ETF P 2013-04-22 2020-10-15
0 MRK - #REORG/MERCK & CO INC COM-NAME CHANGE TOMERCK & CO INC 2055872 EFF 11/3/09 P   2020-01-23
5 ADBE - ADOBE SYS INC COM P 2020-04-13 2020-08-04
97 AGO - ASSURED GUARANTY LTD COMMON STK P 2020-04-13 2020-08-04
13 AON - AON PLC P 2020-04-13 2020-08-04
23 AVB - AVALONBAY CMNTYS REIT P 2020-04-13 2020-08-04
1 AZO - AUTOZONE INC COM P 2020-04-13 2020-04-20
123 BAC - BANK OF AMERICA CORP P 2020-04-13 2020-08-04
27 BMY - BRISTOL MYERS SQUIBB CO COM P 2020-04-13 2020-08-04
1 CACC - CREDIT ACCEP CORP MICH COM P 2020-04-13 2020-07-01
35 CARR - CARRIER GLOBAL CORPORATION COM USD0.01 WI P 2020-04-20 2020-08-04
0.8 CBSH - COMM BANCSHARES INC COM P 2020-04-13 2020-12-01
50 CBSH - COMM BANCSHARES INC COM P 2020-04-13 2020-08-04
1 CHTR - CHARTER COMMUNICATIONS INC NEW CL A CL A P 2020-04-13 2020-08-04
2 CI - CIGNA CORP NEW COM P 2020-04-13 2020-08-04
5 COP - CONOCOPHILLIPS COM P 2020-04-13 2020-08-04
13 CTAS - CINTAS CORP COM P 2020-04-13 2020-08-04
75 CVX - CHEVRON CORP COM P 2020-04-13 2020-08-04
15 ESS - ESSEX PPTY TR REIT P 2020-04-13 2020-08-04
1 FCNCA - 1ST CTZNS BANCSHARES INC N C CL A P 2020-04-13 2020-07-01
38 FRT - FEDERAL RLTY INVT TR SH BEN INT NEW SH BEN INT NEW P 2020-04-13 2020-08-04
1 GOOGL - ALPHABET INC CAPITAL STOCK USD0.001 CL A P 2020-04-13 2020-04-20
1 GS - GOLDMAN SACHS GROUP INC COM P 2020-04-13 2020-08-04
6 HD - HOME DEPOT INC COM P 2020-04-13 2020-08-04
59 HON - HONEYWELL INTL INC COM STK P 2020-04-13 2020-08-04
5 IBM - INTERNATIONAL BUSINESS MACHS CORP COM P 2020-04-13 2020-08-04
4 JNJ - JOHNSON & JOHNSON COM USD1 P 2020-04-13 2020-08-04
52 JPM - JPMORGAN CHASE & CO COM P 2020-04-13 2020-08-04
88 L - LOEWS CORP COM P 2020-04-13 2020-08-04
12 LLY - ELI LILLY & CO COM P 2020-04-13 2020-08-04
22 LMT - LOCKHEED MARTIN CORP COM P 2020-04-13 2020-08-04
7 MDLZ - MONDELEZ INTL INC COM P 2020-04-13 2020-08-04
103 MDT - MEDTRONIC PLC COMMON STOCK STOCK P 2020-04-13 2020-08-04
29 MKC - MC CORMICK & CO INC COM NON-VTG P 2020-04-13 2020-08-04
5 MS - MORGAN STANLEY COM STK USD0.01 P 2020-04-13 2020-08-04
1 MSFT - MICROSOFT CORP COM P 2020-04-13 2020-07-01
12 NKE - NIKE INC CL B P 2020-04-13 2020-08-04
61 OMC - OMNICOM GROUP INC COM P 2020-04-13 2020-08-04
18 OTIS - OTIS WORLDWIDE CORP COM USD0.01 WI P 2020-04-20 2020-08-04
36 PAYX - PAYCHEX INC COM P 2020-04-13 2020-08-04
19 PEP - PEPSICO INC COM P 2020-04-13 2020-08-04
6 POOL - POOL CORP COM STK P 2020-04-13 2020-08-04
1 PSA - PUB STORAGE COM P 2020-04-13 2020-07-01
12 RGLD - ROYAL GOLD INC COM STK USD0.01 P 2020-04-13 2020-08-04
98 RTX - RAYTHEON TECHNOLOGIES CORP P 2020-04-20 2020-08-04
61 SBUX - STARBUCKS CORP COM P 2020-04-13 2020-08-04
1 SO - SOUTHERN CO COM STK P 2020-04-13 2020-07-01
13 SPGI - S&P GLOBAL INC COM P 2020-04-13 2020-08-04
67 SYY - SYSCO CORP COM P 2020-04-13 2020-08-04
1 TMO - THERMO FISHER CORP P 2020-04-13 2020-07-01
101 USB - US BANCORP P 2020-04-13 2020-08-04
1 V - VISA INC COM CL A STK P 2020-04-13 2020-07-01
0.31 VTRS - VIATRIS INC P 2020-04-13 2020-11-17
1 VZ - VERIZON COMMUNICATIONS COM P 2020-04-13 2020-07-01
26 WFC - WELLS FARGO & CO NEW COM STK P 2020-04-13 2020-08-04
40 YUM - YUM BRANDS INC COM P 2020-04-13 2020-08-04
MAKENA CAPITAL P 2001-01-01 2020-01-01
MAKENA CAPITAL P 2020-01-01 2020-01-01
MAKENA CAPITAL P 2001-01-01 2020-01-01
PRIVATE EQUITY CORE FUND III P 2001-01-01 2020-01-01
PRIVATE EQUITY CORE FUND III P 2020-01-01 2020-01-01
50000.00 AFLAC INC 3.625% DUE 11-15-2024 - 001055 P 2017-12-20 2020-06-29
50000.00 AMAZON COM INC 3.15% DUE 08-22-2027 BEO P 2019-04-02 2020-06-02
35000.00 AMERIPRISE FINL 4% DUE 10-15-2023 - 0307 P 2015-05-08 2020-06-29
50000.00 AMERN HONDA FIN 2.35% DUE 01-08-2027 - 0 P 2020-01-07 2020-09-09
15000.00 APPLE INC 2.2% DUE 09-11-2029 - 037833DP P 2019-09-04 2020-05-04
10000.00 APPLE INC 2.2% DUE 09-11-2029 - 037833DP P 2019-09-05 2020-05-04
75000.00 APPLE INC 3.35% DUE 02-09-2027 - 037833C P 2019-07-15 2020-05-04
40000..00 ASTRAZENECA PLC 3.375% DUE 11-16-2025 - P 2016-08-19 2020-04-22
15000.00 BANK AMER CORP 3.5% DUE 04-19-2026 - 060 P 2019-06-10 2020-10-16
(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 25,292   26,472 -1,180
b 26,415   24,975 1,440
c 26,415   24,968 1,447
d 51,053   49,913 1,140
e 11,072   9,992 1,080
44,286   40,157 4,129
56,857   49,129 7,728
51,509   49,982 1,527
31,238   29,987 1,251
20,825   19,970 855
36,501   35,300 1,201
15,643   14,990 653
14,790   14,778 12
34,510   34,611 -101
41,171   34,856 6,315
55,117   49,790 5,327
16,627   14,972 1,655
75,000   74,956 44
50,000   49,630 370
40,500   39,726 774
43,167   39,908 3,259
10,480   9,991 489
41,920   40,051 1,869
80,403   74,447 5,956
51,595   49,880 1,715
42,412   40,667 1,745
41,600   40,030 1,570
21,460   21,193 267
16,080   15,895 185
62,801   59,853 2,948
52,359   49,889 2,470
48,765   44,942 3,823
25,000   24,986 14
40,200   39,980 220
52,455   49,724 2,731
55,919   49,905 6,014
55,698   55,888 -190
59,407   50,487 8,920
57,170   50,228 6,942
20,864   20,000 864
31,295   30,024 1,271
9,422   9,027 395
23,032   22,062 970
9,422   9,019 403
20,361   19,978 383
55,178   49,890 5,288
16,115   14,953 1,162
37,601   35,031 2,570
40,595   39,905 690
50,722   49,955 767
26,179   24,817 1,362
75,000   74,865 135
50,000   50,012 -12
50,000   50,131 -131
25,083   24,986 97
50,000   49,910 90
50,000   49,877 123
26,714   25,098 1,616
26,714   24,993 1,721
20,434   19,979 455
45,970   44,984 986
15,323   14,982 341
557,274   418,402 138,872
36     36
2,216   1,591 625
2,108   2,946 -838
2,586   2,428 158
3,491   3,703 -212
995   937 58
3,069   2,949 120
1,596   1,594 2
420   290 130
964   514 450
53   42 11
2,864   2,764 100
599   471 128
347   351 -4
189   171 18
3,950   2,536 1,414
6,471   6,392 79
3,204   3,622 -418
393   336 57
2,911   3,178 -267
1,270   1,194 76
201   181 20
1,596   1,190 406
8,684   8,147 537
626   597 29
585   561 24
4,956   5,091 -135
3,102   3,291 -189
1,848   1,731 117
8,307   8,115 192
389   363 26
9,901   10,233 -332
5,742   4,244 1,498
246   199 47
206   163 43
1,166   1,016 150
3,258   3,414 -156
1,122   823 299
2,607   2,298 309
2,606   2,482 124
1,942   1,152 790
200   201 -1
1,711   1,274 437
5,628   6,539 -911
4,565   4,348 217
53   57 -4
4,461   3,489 972
3,609   3,168 441
360   312 48
3,660   3,717 -57
195   168 27
8   5 3
55   57 -2
629   823 -194
3,671   3,049 622
46,326     46,326
19,534     19,534
396   73,452 -73,056
9,778     9,778
86     86
56,545   52,187 4,358
56,544   50,265 6,279
38,656   37,544 1,112
53,413   49,959 3,454
15,773   14,941 832
10,515   9,898 617
83,815   78,389 5,426
44,219   42,738 1,481
16,867   15,418 1,449
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       -1,180
b       1,440
c       1,447
d       1,140
e       1,080
      4,129
      7,728
      1,527
      1,251
      855
      1,201
      653
      12
      -101
      6,315
      5,327
      1,655
      44
      370
      774
      3,259
      489
      1,869
      5,956
      1,715
      1,745
      1,570
      267
      185
      2,948
      2,470
      3,823
      14
      220
      2,731
      6,014
      -190
      8,920
      6,942
      864
      1,271
      395
      970
      403
      383
      5,288
      1,162
      2,570
      690
      767
      1,362
      135
      -12
      -131
      97
      90
      123
      1,616
      1,721
      455
      986
      341
      138,872
      36
      625
      -838
      158
      -212
      58
      120
      2
      130
      450
      11
      100
      128
      -4
      18
      1,414
      79
      -418
      57
      -267
      76
      20
      406
      537
      29
      24
      -135
      -189
      117
      192
      26
      -332
      1,498
      47
      43
      150
      -156
      299
      309
      124
      790
      -1
      437
      -911
      217
      -4
      972
      441
      48
      -57
      27
      3
      -2
      -194
      622
      46,326
      19,534
      -73,056
      9,778
      86
      4,358
      6,279
      1,112
      3,454
      832
      617
      5,426
      1,481
      1,449
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 2 281,828
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 73,984
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 7,792
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  
3 Add lines 1 and 2........................... 3 7,792
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 7,792
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 21,591
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 21,591
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
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 13,799
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet13,799 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (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 addressbulletN/A
    14
    The books are in care ofbulletNORTHERN TRUST CO Telephone no.bullet (805) 884-4334

    Located atbulletPO BOX 22107SANTA BARBARACA ZIP+4bullet93121
    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
    A CARNEROS Trustee
    2.00     		0    
    PO BOX 22107
    SANTA BARBARA,CA93121
    AJ CARNEROS Trustee
    2.00     		0    
    PO BOX 22107
    SANTA BARBARA,CA93121
    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  
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    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
    20,705,496
    b
    Average of monthly cash balances.......................
    1b
    604,661
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    21,310,157
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    21,310,157
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    319,652
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    20,990,505
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,049,525
    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
    1,049,525
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    7,792
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,792
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,041,733
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,041,733
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,041,733
    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
    796,219
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    796,219
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    796,219
    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 1,041,733
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 226,873
    b From 2016...... 221,465
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 448,338
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 796,219
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 796,219
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020. 245,514 245,514
    (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 5 202,824
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		202,824
    10 Analysis of line 9:
    a Excess from 2016.... 202,824
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    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 e-mail address of the person to whom applications should be addressed:
    William-Corbert Foundation
    1485 East Valley Road
    Montecito,CA93108
    (805) 565-7861
    bThe form in which applications should be submitted and information and materials they should include:
    Currently, there is no application for a grant. A Grant Request Letter is required, preferably on the non-profits letterhead with a list of names of the governing board. The Grant Request Letter shall be no more than three pages and shall be submitted with the following information:1.Name of organization requesting a grant.2.The phone number, name and title of the individual requesting the grant on behalf of the organization.3.Program name and/or purpose of grant.4.A brief explanation of the need for the project and how the grant will be used.5.Requested dollar amount, total cost of the project, and other sources of funding.6.A need by date or payment schedule.7.The expected duration of the project.8.A brief explanation of how this requested grant fulfills the Foundations Mission Statement above.9.The impact on the community served and how the impact will be measured. (For example, if a grant request of a $10,000 enables your organization to offer 10 under privileged youths ten weeks o
    cAny submission deadlines:
    March 15th or September 15th
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    The Williams-Corbett Foundation may, at its discretion, approve a grant with certain conditions. (Such as for a matching grant, a challenge grant, or a grant awarded for a specified purposes).
    Form 990-PF (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
    CHILDREN'S RESOURCE NETWORK
    PO BOX 454
    PISMO BEACH,CA93448     		UNRELATED N/A FOR GENERAL OPERATING SUPPORT 20,000
    FOODBANK OF SANTA BARBARA COUNTY
    1525 STATE STREET SUITE 100
    SANTA BARBARA,CA93101     		UNRELATED N/A FOR CHILDREN'S HEALTH INITIATIVE PROGRAMS 10,000
    GIRLS INC OF GREATER SANTA BARBARA
    531 EAST ORTEGA STREET
    SANTA BARBARA,CA93103     		UNRELATED N/A TO SUPPORT COVID SAFE/FULL-DAY LEARNING & EQUIPMENT CENTER 20,000
    MOXI THE WOLF MUSEUM OF EXPLORATION
    125 STATE STREET
    SANTA BARBARA,CA93101     		UNRELATED N/A FOR ONLINE EDUCATION PROGRAM 15,000
    NEW HOUSE SANTA BARBARA
    2434 BATH STREET
    SANTA BARBARA,CA93105     		UNRELATED N/A FOR SCHOLARSHIPS FOR LOW INCOME INDIVIDUALS IN RECOVERY 20,000
    PAGE YOUTH CENTER
    4540 HOLLISTER AVENUE
    SANTA BARBARA,CA93110     		UNRELATED N/A TO SUPPORT RENOVATION OF PYC FACILITY ROOMS 15,000
    SEE INTERNATIONAL
    5638 HOLLISTER AVENUE SUITE 210
    SANTA BARBARA,CA93117     		UNRELATED N/A S.B. VISION CARE PROGRAM 10,000
    TRANSITION HOUSE
    425 EAST COTA STREET
    SANTA BARBARA,CA93101     		UNRELATED N/A FOR INFANT CARE CENTER - SCHOLARSHIPS 23,120
    TRANSITIONS-MENTAL HEALTH ASSOCIATI
    784 HIGH STREET
    SAN LUIS OBISPO,CA93401     		UNRELATED N/A FOR EMPLOYMENT OPPORTUNITIES FOR FARM IN SANTA MARIA 7,500
    TURNER FOUNDATION
    520 WEST CANON PERDIDO STREET
    SANTA BARBARA,CA93101     		UNRELATED N/A FOR PURCHASE OF NEW VAN 30,000
    ALEXANDER HOUSE FOUNDATION
    PO BOX 23642
    SANTA BARBARA,CA93121     		UNRELATED N/A FOR RENTAL SUBSIDIES PROGRAM-SPECIAL GRANTS PROGRAM 10,000
    NEW BEGINNINGS COUNSELING CENTER
    324 EAST CARRILLO STREET C
    SANTA BARBARA,CA93101     		UNRELATED N/A TO SUPPORT SUPPORTIVE SERVICES FOR VETERAN FAMILIES 15,000
    SANSUM DIABETES RESEARCH INSTITUTE
    2219 BATH STREET
    SANTA BARBARA,CA93105     		UNRELATED N/A FOR SENIOR EMERGENCY TELEHEALTH COVID-19 DIABETES RISK REDUCTION PROGRAMMING 15,000
    SARAH HOUSE
    2612 MODOC ROAD
    SANTA BARBARA,CA93105     		UNRELATED N/A TO FUND COVID-19 RELIEF 10,000
    SANTA BARBARA EDUCATION FOUNDATION
    1330 STATE STREET SUITE 201
    SANTA BARBARA,CA93101     		UNRELATED N/A TO SUPPORT THE ACADEMY FOR SUCCESS FOR MENTAL HEALTH SPECIALIST, WHAT IS LOVE TEEN DATING VOILENCE PREVENTION, AND STUDENT ONLINE ACADEMIC RESOURCES. 45,000
    SANTA BARBARA RESCUE MISSION
    535 EAST YANONALI STREET
    SANTA BARBARA,CA93103     		UNRELATED N/A FOR LANDSCAPING OF YANONALI FACILITY 18,700
    UNITY SHOPPE
    1219 STATE STREET
    SANTA BARBARA,CA93101     		UNRELATED N/A FOR INCREASED FOOD INVENTORY AND ACCESS 30,000
    VILLA MAJELLA
    604 NORTH KELLOGG AVENUE
    SANTA BARBARA,CA93111     		UNRELATED N/A TO SUPPORT TRANSITIONS PROGRAM 15,000
    WOMEN'S ECONOMIC VENTURES
    333 SOUTH SALINAS STREET
    SANTA BARBARA,CA93103     		UNRELATED N/A FOR SMART ENTREPRENEURIAL TRAINING 10,000
    SCHOLARSHIP FOUNDATION OF SANTA BAR
    2253 LAS POSITAS ROAD
    SANTA BARBARA,CA93105     		UNRELATED N/A FOR ONLINE SCHOLARSHIP APPLICATION MIGRATION PROJECT 15,000
    CALM
    1236 CHAPALA STREET
    SANTA BARBARA,CA93101     		UNRELATED N/A FOR TECHNOLOGY AND SAFETY EQUIPMENT UPGRADES 20,000
    DOS PUEBLOS ENGINEERING ACADEMY
    7266 ALAMEDA AVENUE
    GOLETA,CA93117     		UNRELATED N/A TO SUPPORT THE INTERACTIVE STEAM LEARNING CENTER 10,000
    HOSPICE OF SANTA BARBARA
    2050 ALAMEDA PADRE SERRA SUITE 100
    SANTA BARBARA,CA93103     		UNRELATED N/A FOR COVID-19 RESPONSE 15,000
    JODI HOUSE
    625 CHAPALA STREET
    SANTA BARBARA,CA93101     		UNRELATED N/A FOR COGNITIVE TRAINING CLASS CALLED COGSMART 10,000
    ORGANIC SOUP KITCHEN
    315 MEIGS ROAD A369
    SANTA BARBARA,CA93109     		UNRELATED N/A FOR NEW DELIVERY VEHICLE 35,000
    PATHPOINT
    315 WEST HALEY STREET SUITE 202
    SANTA BARBARA,CA93101     		UNRELATED N/A TO SUPPORT IMPROVEMENTS TO BEHAVIORAL HEALTH PROPERTIES 10,000
    THE ARTS FUND
    205 SANTA BARBARA STREET
    SANTA BARBARA,CA93101     		UNRELATED N/A FOR START-UP PROGRAM AND STUDIO TO STUDENT 20,000
    HEARTS THERAPEUTIC
    PO BOX 30662
    SANTA BARBARA,CA93130     		UNRELATED N/A FOR EQUINE SERVICES FOR HEROES (VETERANS) 20,000
    DEVEREUX
    6980 FALBERG WAY
    GOLETA,CA93117     		UNRELATED N/A FOR PERSON CENTERED PLANNING ADVANCEMENTS 10,000
    DOMESTIC VIOLENCE SOLUTIONS
    411 E CANON PERDIDO ST
    SANTA BARBARA,CA93101     		UNRELATED N/A FOR REPAIRING AND REPAVING OF PARKING LOT & DRIVEWAY 6,579
    ISLA VISTA YOUTH PROJECTS
    6842 PHELPS ROAD
    GOLETA,CA93117     		UNRELATED N/A FOR CHILDREN'S CENTER SITES - WASHING AND PAINTING 15,000
    PUBLICSQUARE INC
    3463 STATE STREET 229
    SANTA BARBARA,CA93105     		UNRELATED N/A FOR COVID-19 (AWARNESS) EQUITY INTERNSHIP PROGRAM-SCHOLARSHIPS 7,500
    STORYTELLER CHILDRENS CENTER
    2115 STATE STREET
    SANTA BARBARA,CA93105     		UNRELATED N/A FOR TECHNOLOGY UPGRADE PRESCHOOL THERAPEUTIC LEARNING 17,500
    TEACHERS FUND
    1250 COAST VILLAGE ROAD A
    SANTA BARBARA,CA93108     		UNRELATED N/A TO PROVIDE SMALL GRANTS FOR TEACHERS 15,000
    VEGGIE RESCUE
    PO BOX 1651
    SANTA YNEZ,CA93460     		UNRELATED N/A FOR "NOURISHING OUR COMMUNITY" 12,000
    SB REGION OF CATHOLIC CHARITIES OF
    303 N VENTURA AVE SUITE A
    VENTURA,CA93013     		UNRELATED N/A TO SUPPORT COMMUNITY SERVICE AGENCIES OPERATING EXPENSE 25,000
    ATTERDAG AT HOME
    636 ATTERDAG RD
    SOLVANG,CA93463     		UNRELATED N/A TO SUPPORT MEALS ON WHEELS PROGRAM/NEW FLAT TOP GRIDDLE 7,500
    FOOD FROM THE HEART
    909 N LA CUMBRE RD
    SANTA BARBARA,CA93110     		UNRELATED N/A FOR COUNTERTOPS IN THE KITCHEN 7,820
    FREEDOM WARMING CENTERS
    1535 SANTA BARBARA ST
    SANTA BARBARA,CA93101     		UNRELATED N/A FOR DATA INTAKE & TRACKING SYSTEM, 40 SLEEPING MATS/BLANKETS 3,000
    MAKE-A-WISH FOUNDATION TRI-COUNTIES
    4001 MISSION OAKS BLVD
    CAMARILLO,CA93012     		UNRELATED N/A FOR TRI-COUNTIES GRANTING WISHES 20,000
    SB ALLIANCE FOR COMMUNITY TRANSFORM
    PO BOX 217
    SANTA BARBARA,CA93102     		UNRELATED N/A TO SUPPORT WESTSIDE HEALTH COLLABORATIVE 10,000
    YOUTHWELL
    617 GARDEN ST
    SANTA BARBARA,CA93101     		UNRELATED N/A FOR MONTHLY WORKSHOPS FOR BEHAVIORAL HEALTH NEEDS 10,000
    GATEWAY EDUCATIONAL SERVICES
    185 S PATTERSON AVE SUITE E
    SANTA BARBARA,CA93111     		UNRELATED N/A FOR FURNITURE, SIGNAGE,AND 3-5 STUDENTS 25,000
    COMMUNITY PARTNERS IN CARING
    120 E JONES SUITE 123
    SANTA MARIA,CA93454     		UNRELATED N/A FOR VOLUNTEER CAREGIVING PROGRAM 15,000
    FRIENDS OF VADA
    700 E ANAPAMU ST
    SANTA BARBARA,CA93103     		UNRELATED N/A FOR CONSTRUCTION OF NEW VISUAL ARTS & DESIGN ACADEMY 25,000
    CARPINTERIA ARTS CENTER
    855 LINDEN AVE
    CARPINTERIA,CA93103     		UNRELATED N/A FOR AFTER-SCHOOL PROGRAMMING 10,000
    VNA HEALTH FOUNDATION
    509 E MONTECITO ST SUITE 200
    SANTA BARBARA,CA93103     		UNRELATED N/A FOR PALLIATIVE CARE PROGRAM 20,000
    COMMERCIAL FISHERMEN OF SANTA BARBA
    6 HARBOR WAY 155
    SANTA BARBARA,CA93109     		UNRELATED N/A FOR LAUNCHING THE PLATED FOOD BOOTH 15,000
    SANTA BARBARA BUCKET BRIGADE
    PO BOX 50640
    SANTA BARBARA,CA93150     		UNRELATED N/A FOR LAUNCH YOUTH ACADEMY(EMERGENCY RESPONSE) 15,000
    SANTA BARBARA ZOO
    500 NINOS DRIVE
    SANTA BARBARA,CA93103     		UNRELATED N/A FOR ZOO CAMP SCHOLARSHIPS 10,000
    Total .................................bullet 3a 796,219
    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 ...........     		    14 127,447  
    4 Dividends and interest from securities....     14 327,236  
    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 27,345  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 281,828  
    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)..   763,856  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    763,856
    (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: 20011551
    Software Version: 2020v4.0


    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
    WILLIAMS-CORBETT FOUNDATION
     
    Employer identification number

    77-6150330
    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
    WILLIAMS-CORBETT FOUNDATION
          		Employer identification number
    77-6150330
    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
    CORBETT CHARITABLE LEAD TRUST
    PO BOX 5655
     
    SANTA BARBARA, CA93150

    		$ 848,314


    (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
    WILLIAMS-CORBETT FOUNDATION
          		Employer identification number

    77-6150330
    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
     
    		$    
    (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
    WILLIAMS-CORBETT FOUNDATION
          		Employer identification number

    77-6150330
    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: 20011551
    Software Version: 2020v4.0

    TY 2020 AccountingFeesSchedule
    Name:
    WILLIAMS-CORBETT FOUNDATION
    EIN:
    77-6150330
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING/AUDIT/TAX PREP FEES 8,500 8,500 0 0

    TY 2020 OtherExpensesSchedule
    Name:
    WILLIAMS-CORBETT FOUNDATION
    EIN:
    77-6150330
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 110,187 110,187    
    K-1 EXPENSES 39,375 39,375    


    TY 2020 OtherIncomeSchedule2
    Name:
    WILLIAMS-CORBETT FOUNDATION
    EIN:
    77-6150330
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income 27,345    


    TY 2020 TaxesSchedule
    Name:
    WILLIAMS-CORBETT FOUNDATION
    EIN:
    77-6150330
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 10,000 10,000    
    FOREIGN TAXES PAID 7,720 7,720    
    OTHER TAXES AND FILINGS FEES 160 160