Form990-PF
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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
WASHINGTON SYCIP FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)220 MONTGOMERY STREET PH-10
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN FRANCISCO, CA94104
A Employer identification number

94-6709756
B Telephone number (see instructions)

(415) 677-9516
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$866,627
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 59 59 59
4 Dividends and interest from securities... 9,200 9,200 9,200
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -138,452
b Gross sales price for all assets on line 6a 1,093,101
7 Capital gain net income (from Part IV, line 2)...  
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).......      
12 Total. Add lines 1 through 11........ -129,193 9,259 9,259
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).......        
c Other professional fees (attach schedule).... 4,950      
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 443      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 3,536      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 8,929 0   0
25 Contributions, gifts, grants paid....... 50,214 50,214
26 Total expenses and disbursements. Add lines 24 and 25 59,143 0   50,214
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -188,336
b Net investment income (if negative, enter -0-) 9,259
c Adjusted net income (if negative, enter -0-)... 9,259
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......... 153,317 52,684 52,684
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).....   Click to see attachment130,000 130,000
7 Other notes and loans receivable (attach schedule) bullet25,000
Less: allowance for doubtful accounts bullet     Click to see attachment25,000 25,000
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)....... 897,705 Click to see attachment653,106 658,943
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)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,051,022 860,790 866,627
Liabilities 17 Accounts payable and accrued expenses.......... 1,895  
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) Click to see attachment1  
23 Total liabilities (add lines 17 through 22)......... 1,896 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........... 1,049,126  
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    
29 Total net assets or fund balances (see instructions)..... 1,049,126 860,790
30 Total liabilities and net assets/fund balances (see instructions). 1,051,022 860,790
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
1,049,126
2
Enter amount from Part I, line 27a .....................
2
-188,336
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
860,790
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
860,790
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 500 BLACKSTONE GROUP INC CL A P 2020-03-10 2020-04-17
b 200 BOEING CO P 2019-07-26 2020-04-17
c 1 CALL AAPL 05/15/20 305 P 2020-05-13 2020-05-14
d 2 CALL BA 01/17/20 385 P 2020-01-17 2020-01-17
e 2 CALL BA 02/21/20 325 P 2020-02-06 2020-02-07
2 CALL BA 02/21/20 342.5 P 2020-02-21 2020-02-21
2 CALL BA 03/20/20 170 P 2020-03-20 2020-03-20
1 CALL BA 05/15/20 140 P 2020-05-13 2020-05-14
12 CALL BAC 05/15/20 23 P 2020-05-13 2020-05-14
5 CALL BX 03/20/20 43 P 2020-03-20 2020-03-20
4 CALL CAT 03/20/20 102 P 2020-03-20 2020-03-20
4 CALL CAT 03/20/20 92 P 2020-03-19 2020-03-20
3 CALL CAT 05/15/20 110 P 2020-05-13 2020-05-14
5 CALL CVS 03/20/20 55.5 P 2020-03-20 2020-03-20
10 CALL CVX 03/20/20 77 P 2020-03-20 2020-03-20
140 CALL GE 01/17/20 12 P 2020-01-17 2020-01-17
140 CALL GE 02/21/20 13 P 2020-02-21 2020-02-21
140 CALL GE 03/20/20 7.5 P 2020-03-20 2020-03-20
140 CALL GE 04/17/20 8 P 2020-04-17 2020-04-17
10 CALL T 05/15/20 29 P 2020-05-13 2020-05-14
20 CALL UBER 03/20/20 22 P 2020-03-20 2020-03-20
10 CALL UBER 05/15/20 32 P 2020-05-13 2020-05-14
800 CATERPILLAR INC P 2020-01-01 2020-11-11
500 CHEVRON CORP P 2020-01-01 2020-04-17
500 CVS HEALTH CORP P 2019-11-19 2020-04-17
3000 UBER TECHNOLOGIES INC P 2020-01-01 2020-11-11
2000 BRISTOL MYERS SQUIBB CO P 2019-03-14 2020-01-17
500 CHEVRON CORP P 2019-04-12 2020-04-17
ISHARES GOLD TRUST P 2011-01-01 2020-11-11
SPDR GOLD TR P 2011-01-01 2020-11-11
400 APPLE INC P 2020-04-24 2020-12-18
1200 BANK OF AMERICA CORP P 2020-04-24 2020-08-21
1200 BANK OF AMERICA CORP P 2020-08-25 2020-10-23
100 BOEING CO P 2020-01-01 2020-11-20
4 CALL AAPL 1/15/21 115 P 2020-09-04 2020-08-06
4 CALL AAPL 1/15/21 122.5 P 2020-10-02 2020-09-04
1 CALL AAPL 1/15/21 390 P 2020-08-06 2020-06-23
1 CALL AAPL 6/19/21 322.5 P 2020-06-19 2020-06-04
1 CALL AAPL 8/21/20 360 P 2020-06-23 2020-06-19
4 CALL AAPL 11/20/20 121 P 2020-11-23 2020-11-09
1 CALL BA 6/19/20 190 P 2020-06-22 2020-06-04
1 CALL BA 7/17/20 200 P 2020-07-20 2020-06-23
1 CALL BA 8/21/20 185 P 2020-08-24 2020-07-27
1 CALL BA 9/18/20 180 P 2020-09-21 2020-08-25
1 CALL BA 10/16/20 170 P 2020-10-19 2020-10-08
12 CALL BAC 6/19/20 27 P 2020-06-22 2020-06-04
12 CALL BAC 7/17/20 26 P 2020-07-20 2020-06-23
12 CALL BAC 9/18/20 26.5 P 2020-09-21 2020-08-25
12 CALL BAC 10/16/20 24.5 P 2020-10-02 2020-09-22
3 CALL CAT 6/19/20 129 P 2020-06-22 2020-06-04
3 CALL CAT 7/17/20 130 P 2020-07-15 2020-06-23
3 CALL CAT 8/21/20 140 P 2020-08-24 2020-07-15
3 CALL CAT 11/20/20 145 P 2020-10-02 2020-08-25
3 CALL CAT 11/20/20 150 P 2020-10-14 2020-10-02
10 CALL CVS 8/21/20 65.5 P 2020-08-24 2020-08-07
10 CALL CVS 11/20/20 67.5 P 2020-10-02 2020-08-25
1 CALL FDX 11/20/20 282.5 P 2020-11-23 2020-11-16
1 CALL FDX 12/18/20 297.5 P 2020-12-21 2020-11-24
140 CALL GE 6/19/20 7.5 P 2020-06-22 2020-06-04
190 CALL GE 11/20/20 7 P 2020-11-16 2020-08-26
190 CALL GE 12/18/20 9 P 2020-12-10 2020-11-16
190 CALL GE 12/18/20 11.5 P 2020-12-21 2020-12-10
1 CALL GLD 8/21/20 187 P 2020-08-06 2020-07-27
1 CALL GLD 8/21/20 194 P 2020-08-24 2020-08-06
5 CALL GLD 11/20/20 179 P 2020-11-23 2020-11-23
1 CALL GLD 11/20/20 180 P 2020-11-09 2020-09-28
1 CALL GLD 11/20/20 180 P 2020-11-09 2020-10-26
10 CALL GOLD 8/21/20 31 P 2020-08-24 2020-07-27
10 CALL GOLD 11/20/20 29 P 2020-11-23 2020-10-14
10 CALL GOLD 12/18/20 23.5 P 2020-12-21 2020-11-24
62 CALL IAU 8/21/20 19 P 2020-08-07 2020-07-27
62 CALL IAU 8/21/20 19.5 P 2020-08-24 2020-08-07
10 CALL KL 8/21/20 55 P 2020-08-24 2020-07-27
10 CALL KL 10/16/20 50 P 2020-10-14 2020-09-28
15 CALL KL 11/20/20 45 P 2020-11-23 2020-11-13
15 CALL KL 11/20/20 55 P 2020-11-09 2020-10-14
10 CALL PFE 11/20/20 41 P 2020-10-02 2020-08-26
10 CALL T 6/19/20 32 P 2020-06-22 2020-06-04
10 CALL T 7/17/20 31 P 2020-07-20 2020-06-23
10 CALL T 8/21/20 30 P 2020-08-24 2020-08-06
10 CALL T 11/20/20 29 P 2020-11-23 2020-10-02
10 CALL T 11/20/20 30 P 2020-10-02 2020-08-25
10 CALL T 12/18/20 30 P 2020-12-21 2020-12-10
10 CALL UBER 6/19/20 38 P 2020-06-22 2020-06-04
10 CALL UBER 7/17/20 35 P 2020-07-20 2020-06-23
10 CALL UBER 8/21/20 32.5 P 2020-08-06 2020-07-27
10 CALL UBER 8/21/20 34.5 P 2020-08-24 2020-08-06
10 CALL UBER 11/20/20 33 P 2020-09-04 2020-08-25
10 CALL UBER 11/20/20 36 P 2020-10-02 2020-09-04
300 CATERPILLAR INC P 2020-01-01 2020-10-16
1000 CVS HEALTH CORP P 2020-07-01 2020-10-20
4200 ISHARES GOLD TRUST P 2020-01-01 2020-11-13
2000 ISHARES GOLD TRUST P 2019-06-20 2020-11-13
1500 KIRKLAND LAKE GOLD LTD P 2020-01-01 2020-12-18
1000 PFIZER INC P 2020-08-20 2020-10-23
800 UBER TECHNOLOGIES INC P 2020-02-26 2020-11-13
200 UBER TECHNOLOGIES INC P 2020-02-26 2020-11-20
SECTION 1256 OPTIONS CONTRACT - LT P 2011-01-01 2020-11-11
SECTION 1256 OPTIONS CONTRACT - ST P 2020-01-01 2020-11-11
Wash Sale      
(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 24,632   25,083 -451
b 32,671   70,407 -37,736
c     145 -145
d 1,407     1,407
e     2,432 -2,432
1,259     1,259
2,788     2,788
228     228
686     686
939     939
1,031     1,031
    2,281 -2,281
470     470
1,485     1,485
4,100     4,100
2,534     2,534
4,004     4,004
7,385     7,385
7,923     7,923
464     464
3,985     3,985
300     300
103,822   110,821 -6,999
37,721   51,301 -13,580
30,192   38,192 -8,000
97,062   112,026 -14,964
125,180   132,874 -7,694
37,721   60,896 -23,175
87     87
24     24
48,297   27,642 20,655
28,795   25,954 2,841
28,263   30,764 -2,501
18,062   32,523 -14,461
3,697   7,348 -3,651
5,546   3,209 2,337
2,521   8,136 -5,615
505   2,832 -2,327
1,384   2,596 -1,212
755     755
719     719
714     714
624     624
699     699
268     268
771     771
879     879
615     615
783   729 54
747     747
924   2,688 -1,764
1,631     1,631
1,876   3,080 -1,204
2,077   4,780 -2,703
669     669
1,379   401 978
206     206
1,264     1,264
5,610     5,610
7,749   50,527 -42,778
14,866   46,855 -31,989
4,319     4,319
260   884 -624
299     299
282     282
349   125 224
236   125 111
1,009     1,009
1,129     1,129
559     559
1,523   4,110 -2,587
1,877     1,877
1,239     1,239
1,478   1,655 -177
1,946     1,946
2,630   157 2,473
919   457 462
389     389
449     449
309     309
549     549
989   421 568
689     689
819     819
899     899
1,209   3,352 -2,143
1,903     1,903
2,350   4,115 -1,765
2,492   3,729 -1,237
47,203   39,808 7,395
57,118   64,732 -7,614
74,970   66,300 8,670
35,700   27,128 8,572
59,005   64,182 -5,177
35,859   38,428 -2,569
29,780   25,272 4,508
7,371   6,318 1,053
    14,240 -14,240
    9,493 -9,493
      31,746
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       -451
b       -37,736
c       -145
d       1,407
e       -2,432
      1,259
      2,788
      228
      686
      939
      1,031
      -2,281
      470
      1,485
      4,100
      2,534
      4,004
      7,385
      7,923
      464
      3,985
      300
      -6,999
      -13,580
      -8,000
      -14,964
      -7,694
      -23,175
      87
      24
      20,655
      2,841
      -2,501
      -14,461
      -3,651
      2,337
      -5,615
      -2,327
      -1,212
      755
      719
      714
      624
      699
      268
      771
      879
      615
      54
      747
      -1,764
      1,631
      -1,204
      -2,703
      669
      978
      206
      1,264
      5,610
      -42,778
      -31,989
      4,319
      -624
      299
      282
      224
      111
      1,009
      1,129
      559
      -2,587
      1,877
      1,239
      -177
      1,946
      2,473
      462
      389
      449
      309
      549
      568
      689
      819
      899
      -2,143
      1,903
      -1,765
      -1,237
      7,395
      -7,614
      8,670
      8,572
      -5,177
      -2,569
      4,508
      1,053
      -14,240
      -9,493
       
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 -106,706
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 -77,974
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................................ 1 129
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........................... 3 129
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- ..... 5 129
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 500
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.............. 7 500
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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 10 371
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet371 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 ofbulletSANDRA LIOANAG Telephone no.bullet (415) 677-9516

    Located atbullet220 MONTGOMERY STREET PH-10SAN FRANCISCOCA ZIP+4bullet94104
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
    Yes
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    GEORGE SYCIP Trustee
    0.50
    0    
    220 MONTGOMERY STREET PH 10
    SAN FRANCISCO,CA94104
    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
    0
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    0
    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
    0
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    0
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    0
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    0
    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
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    129
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    129
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    129
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    129
    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
    0
    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
    50,214
    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
    50,214
    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
    50,214
    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 0
    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...... 6,788
    b From 2016......  
    c From 2017......  
    d From 2018...... 53,349
    e From 2019...... 69,484
    fTotal of lines 3a through e........ 129,621
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 50,214
    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.....  
    e Remaining amount distributed out of corpus 50,214
    5 Excess distributions carryover applied to 2020.    
    (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 5 179,835
    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) ...
    6,788
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    173,047
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018.... 53,349
    d Excess from 2019.... 69,484
    e Excess from 2020.... 50,214
    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:
    GEORGE SYCIP
    220 MONTGOMERY STREET PH 10
    SAN FRANCISCO,CA94104
    (415) 677-9516
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER REQUEST
    cAny submission deadlines:
    N/A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    1) ORGANIZATIONS THAT PROMOTE UNDERSTANDING AND APPRECIATION OF ASIAN CULTURE IN THE U.S. AND FOSTER RELATIONSHIP BETWEEN PEOPLE OF THE U.S. AND PEOPLE OF ASIA.2) EDUCATIONAL INSTITUTIONS.
    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
    INTL INSTITUTE OF RURAL RECONSTRUCT
    601 WEST 26TH STREET
    NEW YORK,NY10001
    NOT RELATED PC CHARITABLE PURPOSES 18,000
    GLOBAL HERITAGE FUND
    220 MONTGOMERY STREET 1020
    SAN FRANCISCO,CA94104
    NOT RELATED PC CHARITABLE PURPOSES 10,000
    GIVE 2 ASIA
    2201 BROADWAY 4TH FL
    OAKLAND,CA94612
    NOT RELATED PC CHARITABLE PURPOSES 5,000
    PHILLIPINE INTERNATIONAL AID
    1813 EL CAMINO REAL 3
    BURLINGAME,CA94010
    NOT RELATED PC CHARITABLE PURPOSES 1,200
    GIVE 2 ASIA
    2201 BROADWAY 4TH FL
    OAKLAND,CA94612
    NOT RELATED PC CHARITABLE PURPOSES 7,500
    SAN FRANCISCO PARKS ALLIANCE COUNCI
    1074 FOLSOM STREET
    SAN FRANCISCO,CA94103
    NOT RELATED PC CHARITABLE PURPOSES 49
    FRIENDS OF SAN FRANCISCO PUBLIC LIB
    710 VAN NESS AVENUE
    SAN FRANCISCO,CA94102
    NOT RELATED PC CHARITABLE PURPOSES 160
    THE STANFORD FUND
    STANDFORD UNIVERSITY
    STANDFORD,CA94309
    NOT RELATED PC CHARITABLE PURPOSES 250
    KQED
    2601 MARIPOSA STREET
    SAN FRANCISCO,CA94110
    NOT RELATED PC CHARITABLE PURPOSES 100
    WILDFLOWERS INSTITUTE
    1144 PACIFIC AVENUE
    SAN FRANCISCO,CA94133
    NOT RELATED PC CHARITABLE PURPOSES 700
    THE ASIA FOUNDATION
    465 CALIFORNIA STREET 9TH FL
    SAN FRANCISCO,CA94104
    NOT RELATED PC CHARITABLE PURPOSES 1,000
    FRIENDS OF THE ACADEMY LIBRARY
    20 MAIN STREET
    EXETER,NH03833
    NOT RELATED PC CHARITABLE PURPOSES 75
    HARVARD BUSINESS SCHOOL
    HARVARD UNIVERSITY
    BOSTON,MA02163
    NOT RELATED PC CHARITABLE PURPOSES 100
    GOLDEN GATE NAT'L PARK
    201 FORT MASON
    SAN FRANCISCO,CA94123
    NOT RELATED PC CHARITABLE PURPOSES 250
    CHINESE AMERICAN CIRCLE
    PO BOX 2756
    CUPERTINO,CA95015
    NOT RELATED PC CHARITABLE PURPOSES 500
    GLOBAL CONSERVATION
    PO BOX 29278
    SAN FRANCISCO,CA94129
    NOT RELATED PC CHARITABLE PURPOSES 1,000
    CALIFORNIA PACIFIC MEDICAL FOUNDATI
    2015 STEINER ST
    SAN FRANCISCO,CA94115
    NOT RELATED PC CHARITABLE PURPOSES 350
    JESUITS WEST
    PO BOX 86010
    PORTLAND,OR97286
    NOT RELATED PC CHARITABLE PURPOSES 350
    DUCKS UNLIMITED
    ONE WATERFOWL WAY
    MEMPHIS,TN38120
    NOT RELATED PC CHARITABLE PURPOSES 35
    NATIONAL WILDLIFE FUND
    11100 WILDLIFE CENTER DRIVE
    RESTON,VA20190
    NOT RELATED PC CHARITABLE PURPOSES 25
    DOCTORS WITHOUT BORDERS USA
    40 RECTOR ST 16TH FL
    NEW YORK,NY10006
    NOT RELATED PC CHARITABLE PURPOSES 50
    UC DAVIS FOUNDATION
    ONE SHIELDS AVE
    DAVIS,CA95616
    NOT RELATED PC CHARITABLE PURPOSES 2,000
    SIERRA CLUB
    2101 WEBSTER ST SUITE 1250
    OAKLAND,CA94612
    NOT RELATED PC CHARITABLE PURPOSES 20
    AIDS LIFECYCLE
    DEPT 9383
    LOS ANGELES,CA94612
    NOT RELATED PC CHARITABLE PURPOSES 250
    HMONG AMERICAN WOMENS
    3727 WEST NATIONAL AVE
    MILWAUKEE,WI53215
    NOT RELATED PC CHARITABLE PURPOSES 100
    CHINATOWN YMCA
    855 SACRAMENTO ST
    SAN FRANCISCO,CA94108
    NOT RELATED PC CHARITABLE PURPOSES 1,000
    SCHOOL YEAR ABROAD
    120 WATER ST SUITE 310
    NORTH ANDOVER,MA01845
    NOT RELATED PC CHARITABLE PURPOSES 150
    Total .................................bullet 3a 50,214
    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 ...........
            59
    4 Dividends and interest from securities....         9,200
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
            -138,452
    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)..     -129,193
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -129,193
    (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.
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    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
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    Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID: 20011551
    Software Version: 2020v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    WASHINGTON SYCIP FAMILY FOUNDATION
    EIN:
    94-6709756
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    SEE ATTACHED RBC WEALTH MANAGEMENT STMT 653,106 658,943

    TY 2020 OtherExpensesSchedule
    Name:
    WASHINGTON SYCIP FAMILY FOUNDATION
    EIN:
    94-6709756
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 3,498      
    OFFICE SUPPLIES 38      


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

    TY 2020 OtherNotesLoansRcvblLongSch
    Name:
    WASHINGTON SYCIP FAMILY FOUNDATION
    EIN:
    94-6709756
    Software ID:
    20011551
    Software Version:
    2020v4.0

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    SATORI SPIRITS LLC   25,000 25,000 2020-04     1000.00 % CLAIM ON PO#EPO402000004000302 TO FINANCE HAND SANITIZER INV    

    TY 2020 OtherProfessionalFeesSchedule
    Name:
    WASHINGTON SYCIP FAMILY FOUNDATION
    EIN:
    94-6709756
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES 4,950 0 0 0


    TY 2020 OtherReceivablesOfficersSch
    Name:
    WASHINGTON SYCIP FAMILY FOUNDATION
    EIN:
    94-6709756
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Travel Advance to Officers:  


    Item No. 1
    Borrower's Name GEORGE E SYCIP
    Borrower's Title TRUSTEE
    Original Amount of Loan 130000
    Balance Due 130000
    Date of Note 2020-11
    Maturity Date  
    Repayment Terms  
    Interest Rate 10.0000
    Security Provided by Borrower  
    Purpose of Loan  
    Description of Lender Consideration  
    Consideration FMV  


    TY 2020 TaxesSchedule
    Name:
    WASHINGTON SYCIP FAMILY FOUNDATION
    EIN:
    94-6709756
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES 443