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
THE JOSEPH AND VERA LONG FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)500 YGNACIO VALLEY ROAD SUITE 330
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WALNUT CREEK, CA94596
A Employer identification number

94-1643626
B Telephone number (see instructions)

(925) 935-4138
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$115,605,581J 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 751,859 746,137  
4 Dividends and interest from securities... 2,047,981 2,047,981  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,966,749
b Gross sales price for all assets on line 6a 48,369,226
7 Capital gain net income (from Part IV, line 2)... 3,966,749
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........ 6,766,589 6,760,867  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 158,778 15,878   142,900
14 Other employee salaries and wages...... 62,953 25,181   37,772
15 Pension plans, employee benefits....... 16,680 6,672   10,008
16a Legal fees (attach schedule)......... Click to see attachment 2,014 0   2,014
b Accounting fees (attach schedule)....... Click to see attachment 27,078 13,539   13,539
c Other professional fees (attach schedule).... Click to see attachment 90,566 57,391   33,175
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 100,864 2,977   12,020
19 Depreciation (attach schedule) and depletion... 1,633 0  
20 Occupancy.............. 39,552 9,040   30,512
21 Travel, conferences, and meetings....... 1,409 322   1,087
22 Printing and publications.......... 87 20   67
23 Other expenses (attach schedule)....... Click to see attachment 190,319 176,690   13,629
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 691,933 307,710   296,723
25 Contributions, gifts, grants paid....... 8,036,665 4,886,538
26 Total expenses and disbursements. Add lines 24 and 25 8,728,598 307,710   5,183,261
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,962,009
b Net investment income (if negative, enter -0-) 6,453,157
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 4,515,449 6,658,333 6,658,333
3 Accounts receivable bullet165,009
Less: allowance for doubtful accounts bullet   91,499 165,009 165,009
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 8,633 9,247 9,247
10a Investments—U.S. and state government obligations (attach schedule) 225,358 Click to see attachment509,250 509,250
b Investments—corporate stock (attach schedule)....... 71,324,315 Click to see attachment67,917,700 67,917,700
c Investments—corporate bonds (attach schedule)....... 21,385,364 Click to see attachment21,750,592 21,750,592
11 Investments—land, buildings, and equipment: basis bullet12,135
Less: accumulated depreciation (attach schedule) bullet9,571 4,197 2,564 2,564
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 16,773,412 Click to see attachment18,592,886 18,592,886
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) 114,328,227 115,605,581 115,605,581
Liabilities 17 Accounts payable and accrued expenses.......... 13,344 13,238
18 Grants payable................. 862,412 4,012,539
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 attachment287,282 Click to see attachment282,393
23 Total liabilities (add lines 17 through 22)......... 1,163,038 4,308,170
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........... 113,165,189 111,297,411
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)..... 113,165,189 111,297,411
30 Total liabilities and net assets/fund balances (see instructions). 114,328,227 115,605,581
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
113,165,189
2
Enter amount from Part I, line 27a .....................
2
-1,962,009
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
94,231
4
Add lines 1, 2, and 3 ..........................
4
111,297,411
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
111,297,411
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 PUBLICLY TRADED SECURITIES     2020-12-31
b
c
d
e
(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 48,369,226   44,402,477 3,966,749
b
c
d
e
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       3,966,749
b
c
d
e
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 3,966,749
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 89,699
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 89,699
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 89,699
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 90,061
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 90,061
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 10 362
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet362 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
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 addressbulletWWW.JVLF.ORG
    14
    The books are in care ofbulletMS BRENDA KAUTEN Telephone no.bullet (925) 935-4138

    Located atbullet500 YGNACIO VALLEY ROAD SUITE 330WALNUT CREEKCA ZIP+4bullet94596
    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
    LANI MACKENZIE TRUSTEE
    0.50     		0 0 0
    500 YGNACIO VALLEY ROADSUITE 330
    WALNUT CREEK,CA94596
    LISA PIEDISCALZI TRUSTEE
    0.50     		0 0 0
    500 YGNACIO VALLEY ROADSUITE 330
    WALNUT CREEK,CA94596
    MICHELLE HOLSTEIN VP/TREASURY/TRUSTEE
    0.50     		0 0 0
    500 YGNACIO VALLEY ROADSUITE 330
    WALNUT CREEK,CA94596
    MILTON E LONG EXECUTIVE DIRECTOR/TRUSTEE
    32.00     		130,000 28,778 0
    500 YGNACIO VALLEY ROADSUITE 330
    WALNUT CREEK,CA94596
    NAN L GEFEN VP/SECRETARY/TRUSTEE
    0.50     		0 0 0
    500 YGNACIO VALLEY ROADSUITE 330
    WALNUT CREEK,CA94596
    NICHOLAS PIEDISCALZI PRESIDENT/TRUSTEE
    0.50     		0 0 0
    500 YGNACIO VALLEY ROADSUITE 330
    WALNUT CREEK,CA94596
    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
    BRENDA A KAUTEN ADMINISTRATOR
    24.00     		63,050 16,681 0
    500 YGNACIO VALLEY RD 330
    WALNUT CREEK,CA94596
    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
    BEACON POINTE ADVISORS CONSULTING 57,391
    24 CORPORATE PLAZA SUITE 150
    NEWPORT BEACH,CA92660
    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 N/A 0
    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
    99,257,574
    b
    Average of monthly cash balances.......................
    1b
    6,980,343
    c
    Fair market value of all other assets (see instructions)................
    1c
    187,368
    d
    Total (add lines 1a, b, and c).........................
    1d
    106,425,285
    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
    106,425,285
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,596,379
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    104,828,906
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    5,241,445
    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
    5,241,445
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    89,699
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    89,699
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,151,746
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    5,151,746
    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
    5,151,746
    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
    5,183,261
    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
    5,183,261
    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
    5,183,261
    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 5,151,746
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 5,035,456
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 5,183,261
    a Applied to 2019, but not more than line 2a 5,035,456
    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..... 147,805
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		5,003,941
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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
    18 REASONS
    3674 18TH STREET
    SAN FRANCISCO,CA94110     		NONE PC PERINATAL FOOD EDUCATION & SUPPORT FOR BLACK FAMILIES 25,000
    826 VALENCIA
    826 VALENCIA STREET
    SAN FRANCISCO,CA94110     		NONE PC YOUNG AUTHORS' BOOK PROJECT 10,000
    ASIAN HEALTH SERVICES
    101 8TH STREET SUITE 100
    OAKLAND,CA94707     		NONE PC HEALTHY MOTHERS, HEALTHY BABIES 49,000
    BUCKELEW PROGRAMS
    201 ALAMEDA DEL PRADO SUITE 103
    NOVATO,CA94949     		NONE PC MATERNIDAD Y ESPERANZA MARIN 20,000
    CALIFORNIA POETS IN THE SCHOOLS
    1011 2ND STREET SUITE 201
    SANTA ROSA,CA95404     		NONE PC CREATIVE POETRY WORKSHOPS ONLINE FOR SCHOOLS IN SONOMA & MARIN 10,000
    CALIFORNIA WATERFOWL
    1346 BLUE OAKS BLVD
    ROSEVILLE,CA95678     		NONE PC CENTRAL VALLEY REFORESTATION ACCELERATING RIPARIAN CARBON SEQUESTRATION 629,956
    CAMP PHOENIX
    10974 STAR COURT
    OAKLAND,CA94603     		NONE PC CAMP PHOENIX SUMMER & YEAR ROUND PROGRAM 25,000
    CENTER FOR ELDERS' INDEPENDENCE
    510-17TH STREET SUITE 400
    OAKLAND,CA94612     		NONE PC CONCORD PACE CENTER'S FURNITURE, FIXTURES, & EQUIPMENT 50,000
    CHILDREN'S HOSPITAL & RESEARCH CENTER OAKLAND DBA UCSF BENIOFF CHILDREN'S H
    747 52ND STREET
    OAKLAND,CA94609     		NONE PC CENTER FOR NATURE AND HEALTH 50,000
    CITY YOUTH NOW
    375 WOODSIDE AVENUE
    SAN FRANCISCO,CA94127     		NONE PC PERSONAL EMPOWERMENT PROGRAM 10,000
    CLIMATEWORKS FOUNDATION
    235 MONTGOMERY STREET 13TH FLR
    SAN FRANCISCO,CA94104     		NONE PC AVIATION & SHIPPING INITIATIVES 466,667
    COACHART
    312 ARIZONA AVENUE
    SANTA MONICA,CA90401     		NONE PC ART INSTRUCTION FOR CHILDREN WITH CHRONIC ILLNESS 35,000
    COMMUNITY BRIDGES
    519 MAIN STREET
    WATSONVILLE,CA95076     		NONE PC SENIOR CENTER WITHOUT LIMITS 25,000
    COMMUNITY INITIATIVES FISCAL SPONSOR FOR LATINO OUTDOORS
    1000 BROADWAY SUITE 480
    OAKLAND,CA94607     		NONE PC VAMOS OUTDOORS 10,000
    CONSERVATION EARTH DBA WILDMIND
    1794 HIGGINS CANYON ROAD
    HALF MOON BAY,CA94019     		NONE PC WILDLIFE HABITAT & NATURE TRAILS DEMONSTRATION PROJECT 50,000
    DESTINY ARTS CENTER
    970 GRACE AVENUE
    OAKLAND,CA94608     		NONE PC ART IN OAKLAND SCHOOLS 30,000
    DUCKS UNLIMITED
    ONE WATERFOWL WAY
    MEMPHIS,TN38120     		NONE PC HILL SLOUGH RESTORATION PROJECT 700,000
    EARTH ISLAND INSTITUTE FISCAL SPONSOR FOR BAY AREA WILDERNESS TRAINING
    1050 EAST 8TH STREET
    OAKLAND,CA94606     		NONE PC GENERAL OPERATION - OUTDOOR EDUCATION/FRONTCOUNTRY LEADERSHIP TRAINING PROGRAM 20,000
    FAMILY SUPPORT SERVICES OF WEST HAWAII
    75-127 LUNAPULE ROAD SUITE 11
    KAILUAKONA,HI96740     		NONE PC NEST FIRST CONNECTIONS FOR ISLAND FAMILIES 50,000
    FOOD FOR THOUGHT
    PO BOX 1608
    FORESTVILLE,CA95436     		NONE PC EMERGENCY GENERATOR 25,000
    FOODWHAT INC
    1156 HIGH STREET
    SANTA CRUZ,CA95060     		NONE PC FOODWHAT 15,000
    FRIENDS OF THE URBAN FOREST
    1007 GENERAL KENNEDY AVENUE STE 1
    SAN FRANCISCO,CA94129     		NONE PC GREEN TEENS 50,000
    GIRL SCOUTS OF NORTHERN CALIFORNIA
    1650 HARBOR BAY PARKWAY STE 100
    ALAMEDA,CA94502     		NONE PC THE HUB AT BOTHIN 500,000
    GREATER FARALLONES ASSOCIATION
    PO BOX 29386
    SAN FRANCISCO,CA94129     		NONE PC OCEAN SCIENCE FIELD TRIPS FOR LOW-INCOME K-12 YOUTH 12,000
    INSTITUTE ON AGING
    3575 GEARY BLVD
    SAN FRANCISCO,CA94118     		NONE PC FRIENDSHIP SYSTEMS UPGRADE PROJECT 100,000
    JUNIOR CENTER OF ART & SCIENCE
    558 BELLEVUE AVENUE
    OAKLAND,CA94610     		NONE PC JUNIOR CENTER OF ART & SCIENCE CAPACITY BUILDING INITIATIVE 100,000
    LA CLINICA DE LA RAZA INC
    PO BOX 22210
    OAKLAND,CA94623     		NONE PC SCHOOL-BASED HEALTH CENTER LARC TRAINING PROGRAM 49,000
    LITERACY FOR ENVIRONMENTAL JUSTICE
    PO BOX 170039
    SAN FRANCISCO,CA94117     		NONE PC ECO-APPRENTICE PROGRAM 20,000
    MERCY RETIREMENT & CARE CENTER
    3431 FOOTHILL BLVD
    OAKLAND,CA94601     		NONE PC MERCY BROWN BAG PROGRAM 60,000
    NATURE CONSERVANCY
    201 MISSION STREET 4TH FLR
    SAN FRANCISCO,CA94105     		NONE PC CLIMATE MITIGATION & ADAPTATION THRU FOREST RESTORATION IN CALIFORNIA'S SIERRA NEVADA 495,915
    OAKLAND PUBLIC EDUCATION FUND FISCAL SPONSOR OF YOUTH BEAT
    PO BOX 71005
    OAKLAND,CA94612     		NONE PC MEDIA ARTS ENGAGEMENT FOR INNER-CITY OAKLAND YOUTH 15,000
    OMBUDSMAN SERVICES OF CONTRA COSTA
    2255 CONTRA COSTA BLVD SUITE 204
    PLEASANT HILL,CA94523     		NONE PC SOLANO COUNTY FRIENDLY VISITING & TELEPHONE REASSURANCE PROGRAM 25,000
    OPENHOUSE
    65 LAGUNA STREET
    SAN FRANCISCO,CA94102     		NONE PC COMMUNITY SERVICES PROGRAM 25,000
    POINT BLUE CONSERVATION SCIENCE
    3820 CYPRESS DRIVE SUITE 11
    PETALUMA,CA94954     		NONE PC COMMUNITY COLLEGE CONSERVATION INTERNSHIP 25,000
    SAN FRANCISCO SENIOR & DISABILITY ACTION
    1360 MISSION STREET 400
    SAN FRANCISCO,CA94103     		NONE PC SENIOR MUTUAL AID EMPOWERMENT 20,000
    SANTA CRUZ COMMUNITY HEALTH
    125 WATER STREET A2
    SANTA CRUZ,CA95060     		NONE PC COMPREHENSIVE PRENATAL PROGRAM 49,000
    SCRIPPS COLLEGE
    1030 COLUMBIA AVENUE 2009
    CLAREMONT,CA91711     		NONE PC SCRIPPS COLLEGE SCIENCE INITIATIVE 150,000
    SEBASTOPOL AREA SENIOR CENTER
    167 NORTH HIGH STREET
    SEBASTOPOL,CA95472     		NONE PC ALTERNATIVES TO ISOLATION 15,000
    SIERRA FOOTHILLS VILLAGE
    PO BOX 1010
    NEVADA CITY,CA95959     		NONE PC MINIMIZE & OFFSET SOCIAL ISOLATION IN OUR COMMUNITY 10,000
    SPECIAL KIDS CONNECT
    1900 GARDEN ROAD SUITE 2230
    MONTEREY,CA93940     		NONE PC REACH ARTS ONLINE 15,000
    STRATEGIC ENERGY INNOVATIONS
    899 NORTHGATE DRIVE SUITE 410
    SAN RAFAEL,CA94903     		NONE PC CLIMATE CORPS EDUCATION OUTSIDE 25,000
    THE CRUCIBLE
    1260 7TH STREET
    OAKLAND,CA94607     		NONE PC YOUTH INDUSTRIAL ARTS PROGRAM 20,000
    THE TRUST FOR PUBLIC LAND
    100 MONTGOMERY STREET SUITE 900
    SAN FRANCISCO,CA94104     		NONE PC OAKLAND GREEN SCHOOLYARDS: MARKHAM ELEMENTARY 50,000
    TIBURCIO VAZQUEZ HEALTH CENTER INC
    22331 MISSION BLVD
    HAYWARD,CA94541     		NONE PC MATERNAL HEALTHCARE ACCESS & EDUCATION 50,000
    TIDES CENTER FISCAL SPONSOR FOR OASIS FOR GIRLS
    1091 MISSION STREET
    SAN FRANCISCO,CA94103     		NONE PC CREATE: ENGAGING IN THE ARTS TO BUILD HEALTHY SELF-EXPRESSION, CONFIDENCE, & IMPROVED ACADEMIC PERFORMANCE 25,000
    UNIVERSITY CLINICAL EDUCATION & RESEARCH ASSOCIATES DBA UNIVERSITY HEALTH P
    677 ALA MOANA BLVD SUITE 1001
    HONOLULU,HI96813     		NONE PC MIDWIFERY INTEGRATED HOME VISITATION PROGRAM 25,000
    UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION
    220 MONTGOMERY STREET 5TH FLOOR
    SAN FRANCISCO,CA94104     		NONE PC PILOTING PREGNANCY VILLAGE IN SAN FRANCISCO'S BAYVIEW NEIGHBORHOOD 100,000
    UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION
    3333 CALIFORNIA STREET
    SAN FRANCISCO,CA94118     		NONE PC UCSF GERIATRICS/SAN FRANCISCO BAY AREA ISOLATION & LONELINESS IMPACT COALITION 100,000
    UNIVERSITY OF THE PACIFIC
    3601 PACIFIC AVENUE
    STOCKTON,CA95211     		NONE PC THOMAS J. LONG SCHOOL OF PHARMACY & HEALTH SCIENCES FACILITY RENOVATION 375,000
    UPVALLEY FAMILY CENTERS OF NAPA COUNTY
    1440 SPRING STREET
    ST HELENA,CA94574     		NONE PC SOCIAL CONNECTIONS FOR LOW-INCOME SENIOR IN CALISTOGA 10,000
    WOMEN'S AUDIO MISSION
    542-544 NATOMA ST C-1
    SAN FRANCISCO,CA94103     		NONE PC GIRLS ON THE MIC 25,000
    YES NATURE TO NEIGHBORHOODS
    3029 MACDONALD AVENUE
    RICHMOND,CA94804     		NONE PC STAYING CONNECTED TO NATURE: OUTDOOR EDUCATION & LEADERSHIP PROGRAM 15,000
    YOUTH OUTSIDE
    436 14TH STREET SUITE 1209
    OAKLAND,CA94612     		NONE PC OUTDOOR EDUCATORS INSTITUTE 25,000
    Total .................................bullet 3a 4,886,538
    bApproved for future payment
    CALIFORNIA WATERFOWL
    1346 BLUE OAKS BLVD
    ROSEVILLE,CA95678     		NONE PC CENTRAL VALLEY REFORESTATION: ACCELERATING RIPARIAN CARBON SEQUESTRATION 1,370,044
    CLIMATEWORKS FOUNDATION
    235 MONTGOMERY STREET 13TH FLR
    SAN FRANCISCO,CA94104     		NONE PC AVIATION AND SHIPPING INITIATIVE 533,333
    DUCKS UNLIMITED
    ONE WATERFOWL WAY
    MEMPHIS,TN38120     		NONE PC HILL SLOUGH RESTORATION PROJECT 1,625,000
    NATURE CONSERVANCY
    201 MISSION STREET 4TH FLR
    SAN FRANCISCO,CA94105     		NONE PC CLIMATE MITIGATION & ADAPTATION THRU FOREST RESTORATION IN CALIFORNIA'S SIERRA NEVADA 504,085
    Total .................................bullet 3b 4,032,462
    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 ...........     		    14 751,859  
    4 Dividends and interest from securities....     14 2,047,981  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 3,966,749  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 6,766,589 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    6,766,589
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 27,078 13,539   13,539

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Name of Bond End of Year Book Value End of Year Fair Market Value
    SEGALL 12,193,020 12,193,020
    WELLS FARGO ADVISORS 9,557,572 9,557,572

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CHARLES SCHWAB 47,511,254 47,511,254
    WELLS FARGO ADVISORS 13,511,569 13,511,569
    MSCI EAFE GROWTH 6,894,877 6,894,877

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

    0
    State & Local Government Securities - End of Year Book Value:


    509,250
    State & Local Government Securities - End of Year Fair Market Value:


    509,250


    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    VENOCO FMV 13,112 13,112
    SARATOGA FMV 7,042,431 7,042,431
    RUSSELL FMV 11,537,343 11,537,343

    TY 2020 LegalFeesSchedule
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 2,014 0   2,014


    TY 2020 OtherExpensesSchedule
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 156,268 156,268   0
    INVESTMENT EXPENSES 17,817 17,817   0
    INSURANCE 4,013 917   3,096
    EQUIPMENT RENTAL 2,667 610   2,057
    PAYROLL EXPENSE 2,258 448   1,810
    TELEPHONE 1,201 275   926
    DUES AND SUBSCRIPTIONS 4,545 0   4,545
    INTERNET 875 200   675
    OFFICE EXPENSE 383 88   295
    POSTAGE & DELIVERY 271 62   209
    LICENSES AND PERMITS 21 5   16


    TY 2020 OtherIncreasesSchedule
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Description Amount
    UNREALIZED GAIN 94,231


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED FEDERAL EXCISE TAX LIABILITY 287,282 282,393


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING 90,566 57,391   33,175


    TY 2020 TaxesSchedule
    Name:
    THE JOSEPH AND VERA LONG FOUNDATION
    EIN:
    94-1643626
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAX 14,997 2,977   12,020
    FEDERAL EXCISE TAX BENEFIT 85,867 0   0