Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
TARSADIA FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)520 NEWPORT CENTER DRIVE 21ST FLO
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEWPORT BEACH, CA92660
A Employer identification number

33-0879062
B Telephone number (see instructions)

(949) 610-8038
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$213,139,874J 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) 11,200,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 170,152 170,152  
4 Dividends and interest from securities... 2,051,196 1,409,270  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -21,052,889
b Gross sales price for all assets on line 6a 189,191,743
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 795,079 5,214  
12 Total. Add lines 1 through 11........ -6,836,462 1,584,636  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 568,800 0   568,800
14 Other employee salaries and wages...... 160,212 0   160,212
15 Pension plans, employee benefits....... 145,210 0   145,210
16a Legal fees (attach schedule)......... Click to see attachment 20,964 0   20,964
b Accounting fees (attach schedule)....... Click to see attachment 37,385 0   37,385
c Other professional fees (attach schedule).... Click to see attachment 331,284 160,195   171,089
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 444,371 13,094   0
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 attachment 243,500 76,800   243,500
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,951,726 250,089   1,347,160
25 Contributions, gifts, grants paid....... 11,512,426 11,512,426
26 Total expenses and disbursements. Add lines 24 and 25 13,464,152 250,089   12,859,586
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -20,300,614
b Net investment income (if negative, enter -0-) 1,334,547
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 448,379 65,398 65,398
2 Savings and temporary cash investments......... 109,529,549 22,792,969 22,792,969
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) bullet100,000
Less: allowance for doubtful accounts bullet0 100,000 100,000 100,000
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)....... 108,402,261 Click to see attachment69,702,993 69,702,993
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).......... 14,092,684 Click to see attachment120,031,771 120,031,771
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment352,419 Click to see attachment446,689 Click to see attachment446,743
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 232,925,292 213,139,820 213,139,874
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) Click to see attachment56,940 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 56,940 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........... 232,868,352 213,139,820
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)..... 232,868,352 213,139,820
30 Total liabilities and net assets/fund balances (see instructions). 232,925,292 213,139,820
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
232,868,352
2
Enter amount from Part I, line 27a .....................
2
-20,300,614
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
572,083
4
Add lines 1, 2, and 3 ..........................
4
213,139,821
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
213,139,820
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 TD AMERITRADE SHORT-TERM   2020-01-01 2020-12-31
b TD AMERITRADE LONG-TERM   2020-01-01 2020-12-31
c GOLDMAN SACHS   2020-01-01 2020-12-31
d GOLDMAN SACHS   2020-01-01 2020-12-31
e MORGAN STANLEY   2020-01-01 2020-12-31
CITY NATIONAL BANK   2020-01-01 2020-12-31
OTHER   2020-01-01 2020-12-31
JP MORGAN   2020-01-01 2020-12-31
JP MORGAN   2020-01-01 2020-12-31
TRAIL MIX VENTURES FUNDS - LT CAPITAL LOSS P 2020-01-01 2020-12-31
AMERITRADE CAPITAL GAIN DIVIDENDS   2020-01-01 2020-12-31
GOLDMAN SACHS CAPITAL GAIN DIVIDENDS   2020-01-01 2020-12-31
JP MORGAN CAPITAL GAIN DIVIDENDS   2020-01-01 2020-12-31
(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 153,718,532   154,652,608 -934,076
b 15,434,091   33,997,308 -18,563,217
c 1,983,047   1,980,414 2,633
d 2,074,675   1,700,254 374,421
e 896,952   954,705 -57,753
97,844   95,733 2,111
      0
5,290,313   5,629,365 -339,052
9,648,850   10,267,981 -619,131
    18,820 -18,820
5,152     5,152
7,982     7,982
34,305     34,305
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       -934,076
b       -18,563,217
c       2,633
d       374,421
e       -57,753
      2,111
      0
      -339,052
      -619,131
      -18,820
      5,152
      7,982
      34,305
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 -20,105,445
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 18,550
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 18,550
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 18,550
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 304,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 304,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 285,450
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet285,450 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see attachment....
3
Yes
 
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.TARSADIAFOUNDATION.ORG
    14
    The books are in care ofbulletSHIRISH DAYAL Telephone no.bullet (949) 610-8038

    Located atbullet520 NEWPORT CENTER DR 21ST FLOORNEWPORT BEACHCA ZIP+4bullet92660
    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
    BU PATEL DIRECTOR
    12.00     		0 0 0
    520 NEWPORT CENTER DR 21ST FLOOR
    NEWPORT BEACH,CA92660
    TUSHAR PATEL DIRECTOR
    2.00     		0 0 0
    520 NEWPORT CENTER DR 21ST FLOOR
    NEWPORT BEACH,CA92660
    SHIRISH DAYAL SECRETARY & TREASURER
    32.00     		188,800 0 0
    520 NEWPORT CENTER DR 21ST FLOOR
    NEWPORT BEACH,CA92660
    MAYA PATEL EXECUTIVE CHAIRWOMAN
    30.00     		50,000 0 0
    520 NEWPORT CENTER DR 21ST FLOOR
    NEWPORT BEACH,CA92660
    PRIYA BERY CEO & PRESIDENT
    32.00     		330,000 0 0
    520 NEWPORT CENTER DR 21ST FLOOR
    NEWPORT BEACH,CA92660
    MAYUR PATEL DIRECTOR
    2.00     		0 0 0
    520 NEWPORT CENTER DR 21ST FLOOR
    NEWPORT BEACH,CA92660
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    60,581,632
    b
    Average of monthly cash balances.......................
    1b
    42,040,064
    c
    Fair market value of all other assets (see instructions)................
    1c
    126,731,769
    d
    Total (add lines 1a, b, and c).........................
    1d
    229,353,465
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    229,353,465
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    3,440,302
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    225,913,163
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    11,295,658
    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
    11,295,658
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    18,550
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    18,550
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    11,277,108
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    11,277,108
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    11,277,108
    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
    12,859,586
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    12,859,586
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    12,859,586
    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 11,277,108
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 2,890,865
    b From 2016...... 1,587,539
    c From 2017...... 434,908
    d From 2018...... 2,345,036
    e From 2019...... 1,129,384
    fTotal of lines 3a through e........ 8,387,732
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 12,859,586
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 11,277,108
    e Remaining amount distributed out of corpus 1,582,478
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 9,970,210
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		2,890,865
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		7,079,345
    10 Analysis of line 9:
    a Excess from 2016.... 1,587,539
    b Excess from 2017.... 434,908
    c Excess from 2018.... 2,345,036
    d Excess from 2019.... 1,129,384
    e Excess from 2020.... 1,582,478
    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).)
    BU PATEL
    TUSHAR PATEL
    MAYA PATEL
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ALAPIO - ASSOCIATION OF LOS ANGELES PHYSICIANS OF INDIAN ORIGIN
    3148 FOND DR
    ENCINO,CA91436     		  PUBLIC PROGRAM SUPPORT 11,000
    ALZHEIMER'S ASSOCIATION
    1060 LA AVENIDA ST
    MOUNTAINVIEW,CA94043     		  PUBLIC PROGRAM SUPPORT 10,000
    AMERICAN INDIA FOUNDATION
    530 LYTTON AVENUE 2ND FLOOR
    PALO ALTO,CA94301     		  PUBLIC PROGRAM SUPPORT 125,000
    ANEKANT COMMUNITY CENTER
    PO BOX 167
    BUENA PARK,CA90621     		  PUBLIC PROGRAM SUPPORT 44,000
    ASIAN AMERICAN-PACIFIC ISLANDERS IN PHILANTHROPY INC
    300 FRANK OGAWA PLAZA SUITE 256
    OAKLAND,CA94612     		    PROGRAM SUPPORT 2,500
    BABSON COLLEGE
    ADVANCEMENT SERVICES PO BOX 57310
    BABSON PARK,MA024570310     		  PUBLIC PROGRAM SUPPORT 43,634
    BAL JAGAT CHILDREN'S WORLD INC
    5199 EAST PACIFIC COAST HIGHWAY
    SUITE 204
    LONG BEACH,CA90804     		  PUBLIC PROGRAM SUPPORT 25,000
    BARDOLI PARDESH KELAVANI MANDAL
    GOPAL VIDYA NAGAR BARDOLI ROAD
    BARDOLI,GUJARAT394350
    IN     		  PUBLIC PROGRAM SUPPORT 1,000,000
    BIG BROTHERS BIG SISTERS OF OC
    1801 E EDINGER SUITE 101
    SANTA ANA,CA92705     		  PUBLIC PROGRAM SUPPORT 175,000
    BOYS & GIRLS CLUB OC
    17701 COWAN SUITE 110
    IRVINE,CA92614     		  PUBLIC PROGRAM SUPPORT 30,000
    BRACKEN'S KITCHEN
    13941 NAUTILUS DRIVE
    GARDEN GROVE,CA92843     		    PROGRAM SUPPORT 75,000
    CALIFORNIA STATE FULLERTON PHILANTHROPIC FOUNDATION INC
    2600 NUTWOOD AVE SUITE 850
    FULLERTON,CA92381     		  PUBLIC PROGRAM SUPPORT 125,000
    CHARITABLE VENTURES OF OC
    4041 MACARTHUR BLVD SUITE 510
    NEWPORT BEACH,CA92660     		  PUBLIC PROGRAM SUPPORT 105,000
    CHARITIES AID FOUNDATION OF AMERICA
    225 REINEKERS LANE SUITE 375
    ALEXANDRIA,VA22314     		    PROGRAM SUPPORT 25,000
    CLINTON FOUNDATION
    1200 PRESIDENT CLINTON AVENUE
    LITTLE ROCK,AR72201     		    PROGRAM SUPPORT 350,000
    COLETTE'S CHILDREN'S HOME
    7372 PRINCE DR SUITE 106
    HUNTINGTON BEACH,CA92647     		  PUBLIC PROGRAM SUPPORT 25,000
    COURT APPOINTED SPECIAL ADVOCATES
    1505 E 17TH STREET SUITE 214
    SANTA ANA,CA92705     		  PUBLIC PROGRAM SUPPORT 125,500
    CUREDUCHENNE
    1400 QUAIL STREET SUITE 110
    NEWPORT BEACH,CA92660     		  PUBLIC PROGRAM SUPPORT 2,000
    EACH ONE TEACH ONE INC
    16491 SCIENTIFIC WAY
    IRVINE,CA92618     		  PUBLIC PROGRAM SUPPORT 7,500
    EAGLES OF EIGHTY-TWO INC
    1009 E WALNUT AVE
    EL SEGUNDO,CA90245     		  PUBLIC PROGRAM SUPPORT 5,000
    EKAL VIDYALAYA FOUNDATION OF USA
    1712 HWY 6 SOUTH SUITE A
    HOUSTON,TX77077     		  PUBLIC PROGRAM SUPPORT 100,000
    ENTERTAINMENT INDUSTRY FOUNDATION
    10880 WILSHIRE BLVD SUITE 1400
    LOS ANGELES,CA90024     		    PROGRAM SUPPORT 325,000
    EXPONENT PHILANTHROPY
    1720 N ST NW
    WASHINGTON,DC20036     		  PUBLIC PROGRAM SUPPORT 25,000
    GRAMEEN AMERICA INC
    150 WEST 30TH STREET 8TH FLOOR
    NEW YORK,NY10001     		    PROGRAM SUPPORT 350,000
    GRANTMAKERS FOR EFFECTIVE ORGANIZATION
    1310 L STREET NW SUITE 620
    WASHINGTON,DC20005     		  PUBLIC PROGRAM SUPPORT 5,000
    GUJARATI SOCIETY OF SOUTHERN CALIFORNIA
    15311 PIONEER BLVD
    NORWALK,CA90650     		    PROGRAM SUPPORT 25,000
    HIGH SCHOOL INC ACADEMIES FOUNDATION
    365-B CLINTON STREET
    COSTA MESA,CA92626     		    PROGRAM SUPPORT 5,000
    HMPS FOUNDATION
    15311 PIONEER BLVD
    NORWALK,CA90650     		  PUBLIC PROGRAM SUPPORT 75,000
    HOLISTIC SCIENCE CHARITABLE RESEARCH FOUNDATION
    206 S ILLINOIS AVE
    OAK RIDGE,TN37830     		  PUBLIC PROGRAM SUPPORT 25,000
    HOMIE STREET STORE
    21296 BRUNSWICK STREET
    FITROY MELBOURNE,VICTORIA3065
    AS     		    PROGRAM SUPPORT 115,000
    ILLUMINATION FOUNDATION
    2691 RICHTER AVE SUITE 107
    IRVINE,CA92606     		  PUBLIC PROGRAM SUPPORT 50,500
    INDIAN FILM FESTIVAL OF LOS ANGELES
    5657 WILSHIRE BOULEVARD 130
    LOS ANGELES,CA90036     		  PUBLIC PROGRAM SUPPORT 2,500
    INDIANS FOR COLLECTIVE ACTION
    3838 MUMFORD PLACE
    PALO ALTO,CA94306     		  PUBLIC PROGRAM SUPPORT 100,000
    INNER CITY ADVISORS
    2323 BROADWAY
    OAKLAND,CA94612     		    PROGRAM SUPPORT 300,000
    JOY OF SHARING FOUNDATION
    15311 PIONEER BLVD
    NORWALK,CA90650     		  PUBLIC PROGRAM SUPPORT 425,000
    THE KIDWORKS MISSION
    1902 WEST CHESTNUT AVENUE
    SANTA ANA,CA92703     		  PUBLIC PROGRAM SUPPORT 80,000
    KURE IT CANCER RESEARCH
    2201 DUPONT DR 700
    IRVINE,CA92612     		  PUBLIC PROGRAM SUPPORT 16,000
    LATE DIWALIBHEN UKABHAI TRUST
    RAMJI MANDIR KADOD ROAD
    BARDOLI SURAT,GUJARAT394601
    IN     		  PUBLIC PROGRAM SUPPORT 650,000
    LESTONNAC FREE CLINIC
    1215 EAST CHAPMAN BLVD
    ORANGE,CA92866     		  PUBLIC PROGRAM SUPPORT 125,000
    LEUKEMIA & LYMPHOMA SOCIETY
    515 N CABRILLO PARK DRIVE 102
    SANTA ANA,CA92701     		  PUBLIC PROGRAM SUPPORT 1,000
    MANAV SADHNA
    1916 PASTORAL LANE
    HANOVER,IL60133     		  PUBLIC PROGRAM SUPPORT 105,000
    NALANDA 20
    PO BOX 14841
    FREMONT,CA94539     		  PUBLIC PROGRAM SUPPORT 25,000
    NATIONAL CENTER FOR FAMILY PHILANTHROPY
    1667 K STREET NW SUITE 550
    WASHINGTON,DC20006     		  PUBLIC PROGRAM SUPPORT 15,000
    NEW VENTURE FUND
    1201 CONNECTICUT AVE NW SUITE 300
    WASHINGTON,DC20036     		    PROGRAM SUPPORT 1,000,000
    NONPROFIT FINANCE FUND
    5 HANOVER SQUARE 9TH FLOOR
    NEW YORK,NY100042650     		    PROGRAM SUPPORT 100,000
    OC FOOD BANK
    11870 MONARCH ST
    GARDEN GROVE,CA92841     		  PUBLIC PROGRAM SUPPORT 25,000
    OC HUMAN RELATIONS
    1801 E EDINGER AVE SUITE 115
    SANTA ANA,CA92705     		  PUBLIC PROGRAM SUPPORT 100,000
    ORANGE COUNTY COMMUNITY FOUNDATION
    4041 MACARTHUR BLVD SUITE 510
    NEWPORT BEACH,CA92660     		  PUBLIC PROGRAM SUPPORT 1,262,750
    ORANGE COUNTY UNITED WAY
    18012 MITCHELL SOUTH
    IRVINE,CA92614     		  PUBLIC PROGRAM SUPPORT 145,000
    PACIFIC SYMPHONY
    17620 FITCH SUITE 100
    IRVINE,CA92614     		  PUBLIC PROGRAM SUPPORT 10,000
    PLANNED PARENTHOOD FEDERATION OF AMERICA
    123 WILLIAM STREET
    NEW YORK,NY10038     		    PROGRAM SUPPORT 100,000
    PRATHAM USA
    9703 RICHMOND AVE SUITE 102
    HOUSTON,TX77042     		  PUBLIC PROGRAM SUPPORT 5,000
    PROJECT HOPE ALLIANCE
    1954 PLACENTIA AVENUE SUITE 202
    COSTA MESA,CA92627     		  PUBLIC PROGRAM SUPPORT 25,000
    SAGE HILL SCHOOL
    20402 NEWPORT COAST DRIVE
    NEWPORT COAST,CA92657     		  PUBLIC PROGRAM SUPPORT 125,000
    SAI EDUCARE TRUST
    NO 10 GANDHI ST NEMILICHERY
    CHROMEPET
    CHENNAI,TAMIL NADU600044
    IN     		  PUBLIC PROGRAM SUPPORT 10,000
    SECOND HARVEST FOOD BANK
    8014 MARINE WAY
    IRVINE,CA92618     		  PUBLIC PROGRAM SUPPORT 5,000
    SOUTH ASIAN HELP & REFERRAL AGENCY (SAHARA)
    17100 PIONEER BLVD SUITE 260
    ARTESIA,CA90701     		  PUBLIC PROGRAM SUPPORT 105,000
    SOUTH ASIAN NETWORK
    18173 PIONEER BLVD STE 260
    ARTESIA,CA90701     		  PUBLIC PROGRAM SUPPORT 21,000
    SOUTH COUNTY OUTREACH
    7 WHATNEY SUITE B
    IRVINE,CA92618     		  PUBLIC PROGRAM SUPPORT 2,500
    SOUTHERN CALIFORNIA GRANTMAKERS
    1000 N ALAMEDA ST SUITE 230
    LOS ANGELES,CA90012     		  PUBLIC PROGRAM SUPPORT 7,500
    SURAT MANAV SEVA SANGH
    OPP HANUMAN TEMPLE AT POST MANDVI
    DISTRICT SURAT,GUJARAT394160
    IN     		  PUBLIC PROGRAM SUPPORT 100,000
    THE CENTER FOR REPRODUCTIVE RIGHTS
    199 WATER STREET FLOOR 22
    NEW YORK,NY10038     		    PROGRAM SUPPORT 100,000
    THE CHARACTER LAB
    3401 MARKET STREET SUITE 202
    PHILADELPHIA,PA19104     		    PROGRAM SUPPORT 500,000
    THE CYSTINOSIS RESEARCH FOUNDATION
    19200 VON KARMAN AVENUE SUITE 920
    IRVINE,CA92612     		    PROGRAM SUPPORT 7,150
    THE EMPOWERMENT PLAN
    7640 KERCHEVAL AVENUE
    DETROIT,MI48214     		    PROGRAM SUPPORT 115,000
    THE UCLA FOUNDATION
    10920 WILSHIRE BOULEVARD SUITE 900
    LOS ANGELES,CA90024     		  PUBLIC PROGRAM SUPPORT 2,500
    UNIVERSITY OF CALIFORNIA IRVINE FOUNDATION
    100 THEORY SUITE 250
    IRVINE,CA92617     		  PUBLIC PROGRAM SUPPORT 85,000
    VOICE OF SPECIALLY ABLED PEOPLE INC
    22734 STAGG ST
    WEST HILLS,CA91304     		  PUBLIC PROGRAM SUPPORT 50,000
    VYASA LA
    11722 FARINA STREET
    NORWALK,CA90650     		  PUBLIC PROGRAM SUPPORT 25,000
    WORLD CENTRAL KITCHEN INC
    ATTN ERIN CORE 1342 FLORIDA AVENUE
    NW
    WASHINGTON,DC20009     		    PROGRAM SUPPORT 450,000
    WORLD EDUCATION SERVICES INC
    ONE BATTERY PARK PLAZA 3RD FLOOR
    NEW YORK,NY10004     		    PROGRAM SUPPORT 50,000
    BHANSALI CHARITABLE TRUST
    640-646 PANCHRATNA
    MUMBAI   400 006
    IN     		    PROGRAM SUPPORT 500,000
    IMPACT PHILANTROPHY GROUP
    411 W SEASIDE WAY SUITE 1005
    LONG BEACH,CA90802     		    PROGRAM SUPPORT 250,000
    CENTRAL SQUARE FOUNDATION
    301-307- NARAIN MANZIL BARAKHAMBA
    ROAD
    NEW DELHI   110001
    IN     		    PROGRAM SUPPORT 200,000
    ADVANCE OC
    220 NEWPORT CENTER DRIVE 11-173
    NEWPORT BEACH,CA92660     		    PROGRAM SUPPORT 50,000
    ALMA BACKYARD FARM
    453 NORTH ALMA AVENUE
    LOS ANGELES,CA90063     		    PROGRAM SUPPORT 100,000
    BABY2BABY
    5830 W JEFFERSON BLVD
    LOS ANGELES,CA90016     		    PROGRAM SUPPORT 125,000
    BVM CAPACITY BUILDING INSTITUTE INC
    4751 BEST ROAD SUITE 490
    ATLANTA,GA30337     		    PROGRAM SUPPORT 25,000
    CITY NET
    4508 ATLANTIC AVE 292
    LONG BEACH,CA90807     		    PROGRAM SUPPORT 10,000
    CLEAN THE WORLD FOUNDATION INC
    2607 24TH ST NW
    WASHINGTON,DC20008     		    PROGRAM SUPPORT 25,000
    COALITION OF IMMOKALEE WORKERS
    PO BOX 603
    IMMOKALEE,FL34143     		    PROGRAM SUPPORT 2,500
    COSTA MESA SPANISH SDA CHURCH
    617 HAMILTON STREET
    COSTA MESA,CA92627     		    PROGRAM SUPPORT 1,000
    EVERY MOTHER COUNTS
    333 HUDSON STREET SUITE 1006
    NEW YORK,NY10013     		    PROGRAM SUPPORT 50,000
    FRIENDSHIP SHELTER
    PO BOX 4252
    LAGUNA BEACH,CA92652     		    PROGRAM SUPPORT 5,000
    INCLUSION MATTERS BY SHANE'S INSPIRATION
    15213 BURBANK BLVD
    LOS ANGELES,CA91411     		    PROGRAM SUPPORT 25,000
    MANU FOUNDATION INC
    74 CHASMA
    IRVINE,CA92618     		    PROGRAM SUPPORT 10,000
    MASSACHUSETTS GENERAL HOSPITAL
    125 NASHUA STREET SUITE 540
    BOSTON,MA02114     		    PROGRAM SUPPORT 7,000
    ORANGE COUNTY MUSIC AND DANCE
    17620 FITCH AVENUE SUITE 160
    IRVINE,CA92614     		    PROGRAM SUPPORT 20,000
    RAJKOT CANCER SOCIETY
    1-TIRUPATI NAGAR NIRMALA ROAD
    RAJKOT GUJARAT   360 007
    IN     		    PROGRAM SUPPORT 110,000
    SARVAJANIK MEDICAL TRUST
    LOCKHAT HOSPITAL BADATWADI RAMPURA
    CHHADA-OLE
    SURAT GUJARAT   395003
    IN     		    PROGRAM SUPPORT 51,000
    SERVICESPACE
    PO BOX 2711
    SANTA CLARA,CA95055     		    PROGRAM SUPPORT 10,000
    SURVIVE THE STREET
    2819 33RD AVENUE SOUTH
    SEATTLE,WA98144     		    PROGRAM SUPPORT 15,000
    THE LEELA INSTITUTE
    23650 COMMUNITY STREET
    WEST HILLS,CA91304     		    PROGRAM SUPPORT 10,000
    THE POLLINATION PROJECT
    1569 SOLANO AVE 643
    BERKELEY,CA94707     		    PROGRAM SUPPORT 75,000
    U-TURN LIVES INC
    24901 CAVANAUGH ROAD
    LAKE FOREST,CA92630     		    PROGRAM SUPPORT 15,000
    WELLS OF LIFE INC
    200 SPECTRUM CENTER DRIVE SUITE 300
    IRVINE,CA92618     		    PROGRAM SUPPORT 10,000
    WORKING WARDROBES
    92 CORPORATE PARK STE C
    IRVINE,CA92606     		    PROGRAM SUPPORT 10,000
    HARMONY HOUSE INDIA
    109 DEFENSE COLONY SECTOR 17A SETOR
    17
    GURUGRAM HARYANA   122007
    IN     		    PROGRAM SUPPORT 6,211
    DESAI FOUNDATION
    209 BURLINGTON ROAD
    BEDFORD,MA01730     		    PROGRAM SUPPORT 5,181
    Total .................................bullet 3a 11,512,426
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 170,152  
    4 Dividends and interest from securities....     14 2,051,196  
    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..... 900099 794,917 18 162  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -21,052,889  
    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).. 794,917 -18,831,379 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -18,036,462
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


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

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

    33-0879062
    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
    TARSADIA FOUNDATION
          		Employer identification number
    33-0879062
    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
    KTT HOLDINGS
     
    100 WEST LIBERTY STREET 10TH FLOOR
     
    RENO, NV89501

    		$ 3,400,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    KKSA LEGACY TRUST
     
    100 W LIBERTY STREET
     
    RENO, NV89501

    		$ 6,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    SHIVANI HOLDINGS
     
    4 GATEHALL DR
     
    PARSIPPANY, NJ070544513

    		$ 1,800,000


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    (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
    TARSADIA FOUNDATION
          		Employer identification number

    33-0879062
    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
    TARSADIA FOUNDATION
          		Employer identification number

    33-0879062
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 37,385 0   37,385

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Name of Stock End of Year Book Value End of Year Fair Market Value
    TD AMERITRADE 19,571,039 19,571,039
    GOLDMAN SACHS & CO. 25,986,134 25,986,134
    JP MORGAN 11,897,414 11,897,414
    PHIL, INC. 4,500,000 4,500,000
    CUE HEALTH 1,999,998 1,999,998
    GTHX, INC. 100,000 100,000
    CITY NATIONAL BANK 5,648,408 5,648,408

    TY 2020 InvestmentsOtherSchedule2
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BLACKSTONE ENERGY PARTNERS LP FMV 1,064,099 1,064,099
    BLACKSTONE ENERGY PARTNERS II FMV 2,890,185 2,890,185
    BLACKSTONE CAPITAL PARTNERS VII L.P. FMV 3,613,571 3,613,571
    TRAIL MIX VENTURES FUND, LP FMV 384,427 384,427
    FPF II TM HOLDINGS, LLC FMV 4,965,299 4,965,299
    TCLDS HOLDINGS, LP FMV 107,114,190 107,114,190

    TY 2020 LegalFeesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 20,964 0   20,964


    TY 2020 OtherAssetsSchedule
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDENDS RECEIVABLE 216,671 56,614 56,614
    INTEREST RECEIVABLE 135,748 40,450 40,450
    CLEARING ACCOUNT   -4,997 -4,997
    TAXES RECEIVABLE   354,622 354,676


    TY 2020 OtherDecreasesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Description Amount
    ROUNDING 1


    TY 2020 OtherExpensesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 5,232 0   5,232
    DUES & SUBSCRIPTIONS 1,810 0   1,810
    OFFICE EXPENSES 1,585 0   1,585
    PASSTHRU INVESTMENT INTEREST EXP 0 575   0
    PASSTHRU PORTFOLIO DEDUCTIONS 0 75,291   0
    PROGRAM & GRANT MAKING EXPENSE 5,000 0   5,000
    INSURANCE 16,186 0   16,186
    PASSTHRU ROYALTY DEDUCTIONS 0 1,074   0
    ADVERTISING & MARKETING 71,671 0   71,671
    COMPUTER EXPENSES 33,156 0   33,156
    CELLPHONE/DATA 3,294 0   3,294
    MEALS 2,689 0   2,689
    PAYROLL SERVICE FEES 320 0   320
    POSTAGE/SHIPPING 94 0   94
    WORKSHOPS 2,760 0   2,760
    PASSTHRU COST DEPLETION 0 -140   0
    TRAVEL 89,783 0   89,783
    CONFERENCES & MEETINGS 5,869 0   5,869
    WEB HOSTING 170 0   170
    CONTRACT LABOR 3,775 0   3,775
    PRINTING/PRINTERS 106 0   106


    TY 2020 OtherIncomeSchedule2
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BCP VII LP 6,881 0 6,881
    BLACKSTONE ENERGY PARTNERS II LP 33,893 0 33,893
    BLACKSTONE ENERGY PARTNERS LP ORDINARY INCOME 754,087 0 754,087
    BLACKSTONE ENERGY PARTNERS LP OTHER PORTFOLIO INCOME 0 2 0
    BLACKSTONE ENERGY PARTNERS Q LP 0 5,048 0
    BLACKSTONE ENERGY PARTNERS Q LP ORDINARY INCOME   0 -56,094
    BLACKSTONE ENERGY PARTNERS Q LP RENTAL INCOME   0 4
    BLACKSTONE ENERGY PARTNERS Q LP SECTION 1231 GAIN   0 47,898
    BLACKSTONE ENERGY PARTNERS Q LP INTANGIBLE DRILLING & DEV COSTS   0 -1,140
    BLACKSTONE ENERGY PARTNERS Q LP COST DEPLETION   0 -15,590
    CENTRO 56 0 56
    OTHER INVESTMENT INCOME 162 162 162
    BCP (CAYMAN II) VII LP OTHER PORTFOLIO INCOME 0 2 0


    TY 2020 OtherIncreasesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Description Amount
    UNREALIZED GAIN 572,083


    TY 2020 OtherLiabilitiesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Description Beginning of Year - Book Value End of Year - Book Value
    EXCISE TAX PAYABLE 56,940 0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 250,480 160,195   90,285
    CONSULTING FEES 80,579 0   80,579
    OTHER PROFESSIONAL FEES 225 0   225


    TY 2020 SubstantialContributorsSch
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Name Address
    FALCON TRUST 100 WEST LIBERTY STREET 10TH FLOOR
    RENO,NV89501
    T-TWELVE LEGACY TRUST 100 WEST LIBERTY STREET 10TH FLOOR
    RENO,NV89501
    SUNIL AND MAYA PATEL 520 NEWPORT CENTER DRIVE 21ST FLOOR
    NEWPORT BEACH,CA92660
    BU PATEL 520 NEWPORT CENTER DRIVE 21ST FLOOR
    NEWPORT BEACH,CA92660
    TUSHAR PATEL 520 NEWPORT CENTER DRIVE 21ST FLOOR
    NEWPORT BEACH,CA92660
    POONAM PATEL TRUST 520 NEWPORT CENTER DRIVE 21ST FLOOR
    NEWPORT BEACH,CA92660
    NISHTA PATEL TRUST 520 NEWPORT CENTER DRIVE 21ST FLOOR
    NEWPORT BEACH,CA92660
    HASINA PATEL TRUST 520 NEWPORT CENTER DRIVE 21ST FLOOR
    NEWPORT BEACH,CA92660
    PAYAL PATEL TRUST 520 NEWPORT CENTER DRIVE 21ST FLOOR
    NEWPORT BEACH,CA92660


    TY 2020 TaxesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 13,094 13,094   0
    EXCISE TAX 61,968 0   0
    BLOCKER TAX WITHHOLDINGS 369,309 0   0