Form990-PF
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Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
The Waitte Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)19 Glenridge Avenue
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Los Gatos, CA95030
A Employer identification number

77-0527049
B Telephone number (see instructions)

(408) 399-9168
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$2,563,045J 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 52 52  
4 Dividends and interest from securities... 41,871 41,871  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 65,390
b Gross sales price for all assets on line 6a 319,723
7 Capital gain net income (from Part IV, line 2)... 65,390
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........ 107,313 107,313  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 19,503     19,503
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 2,500     2,500
b Accounting fees (attach schedule)....... Click to see attachment 6,690     6,690
c Other professional fees (attach schedule).... Click to see attachment 7,483 7,483    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,137 1,137    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 7,378     4,097
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 44,691 8,620   32,790
25 Contributions, gifts, grants paid....... 85,000 85,000
26 Total expenses and disbursements. Add lines 24 and 25 129,691 8,620   117,790
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -22,378
b Net investment income (if negative, enter -0-) 98,693
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......... 50,576 66,081 66,081
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,478,660 1,443,100 1,831,923
c Investments—corporate bonds (attach schedule)....... 644,922 642,599 665,041
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,174,158 2,151,780 2,563,045
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 4,066,250 4,066,250
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds -1,892,092 -1,914,470
29 Total net assets or fund balances (see instructions)..... 2,174,158 2,151,780
30 Total liabilities and net assets/fund balances (see instructions). 2,174,158 2,151,780
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
2,174,158
2
Enter amount from Part I, line 27a .....................
2
-22,378
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
2,151,780
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,151,780
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 3 ALIGN TECHNOLOGY INC P 2020-03-17 2020-12-18
b 1 ALIGN TECHNOLOGY INC P 2020-07-17 2020-12-18
c 4 KLA CORP P 2020-02-11 2020-12-17
d 5 KLA CORP P 2020-03-17 2020-12-17
e 18 INGERSOLL-RAND INC P 2020-07-01 2020-12-16
4 TAKE-TWO INTERACTIVE SOFTWRE P 2020-06-09 2020-12-15
19 INGERSOLL-RAND INC P 2020-07-01 2020-12-15
12 TAKE-TWO INTERACTIVE SOFTWRE P 2020-06-09 2020-12-14
18 INGERSOLL-RAND INC P 2020-07-01 2020-12-14
4 KLA CORP P 2020-02-11 2020-12-11
37 CUBESMART P 2020-02-18 2020-12-09
3 CUBESMART P 2019-12-06 2020-12-09
11 TJX COMPANIES INC P 2017-06-09 2020-12-09
14 CUBESMART P 2018-08-31 2020-12-08
8 CUBESMART P 2019-12-06 2020-12-08
40 CUBESMART P 2018-08-31 2020-12-07
31 CBRE GROUP INC - A P 2018-06-26 2020-12-07
1 ALIGN TECHNOLOGY INC P 2020-03-17 2020-12-04
1 NVIDIA CORP P 2020-03-25 2020-12-04
3 TAKE-TWO INTERACTIVE SOFTWRE P 2020-06-09 2020-12-04
9 GENPACT LTD P 2020-03-26 2020-12-04
10 AMERICOLD REALTY TRUST P 2020-02-11 2020-12-04
3 L3HARRIS TECHNOLOGIES INC P 2020-01-31 2020-12-04
7 INGERSOLL-RAND INC P 2020-07-01 2020-12-04
3 CDW CORP/DE P 2017-06-12 2020-12-04
1 ADOBE INC P 2016-07-21 2020-12-04
5 WESTLAKE CHEMICAL CORP P 2019-02-14 2020-12-04
3 XILINX INC P 2016-05-24 2020-12-04
12 EOG RESOURCES INC P 2016-02-11 2020-12-04
1 AMAZON.COM INC P 2019-12-30 2020-12-02
10 CSX CORP P 2020-09-25 2020-12-02
3 KLA CORP P 2020-01-24 2020-12-02
3 KLA CORP P 2020-02-11 2020-12-02
3 UNITED RENTALS INC P 2020-04-02 2020-12-02
10 QUALCOMM INC P 2020-06-04 2020-12-02
15 AECOM P 2020-04-23 2020-12-02
6 NXP SEMICONDUCTORS NV P 2020-03-17 2020-12-02
10 LPL FINANCIAL HOLDINGS INC P 2020-05-26 2020-12-02
5 RAYTHEON TECHNOLOGIES CORP P 2018-02-15 2020-12-02
7 RAYTHEON TECHNOLOGIES CORP P 2019-03-19 2020-12-02
352.265 OVERLAY A PORTFOLIO CLASS 1 P 2010-11-24 2020-12-02
5 ZOETIS INC P 2017-08-30 2020-12-02
2 ZOETIS INC P 2017-09-20 2020-12-02
4 ANTHEM INC P 2018-03-08 2020-12-02
11 MEDTRONIC PLC P 2019-07-24 2020-12-02
6 PAYPAL HOLDINGS INC P 2019-01-24 2020-12-02
2 ALPHABET INC-CL C P 2017-06-02 2020-12-02
67.754 AB SMALL CAP CORE PORTFOLIO ADV CL P 2017-02-28 2020-12-02
100.873 AB SMALL CAP CORE PORTFOLIO ADV CL P 2017-05-22 2020-12-02
147.798 AB SMALL CAP CORE PORTFOLIO ADV CL P 2017-12-15 2020-12-02
13 CBRE GROUP INC - A P 2018-06-26 2020-12-02
3 FACEBOOK INC-CLASS A P 2015-09-11 2020-12-02
10 FACEBOOK INC-CLASS A P 2016-10-19 2020-12-02
24 CITIGROUP INC P 2018-02-05 2020-12-02
20 CUBESMART P 2018-08-31 2020-12-02
65.776 AB DISCOVERY GRWTH FUND- AD P 2015-10-02 2020-12-02
269.282 AB DISCOVERY GRWTH FUND- AD P 2015-11-03 2020-12-02
3 VISA INC-CLASS A SHARES P 2012-06-26 2020-12-02
9 VISA INC-CLASS A SHARES P 2014-05-07 2020-12-02
38.044 AB DISCOVERY VALUE-ADV P 2015-07-21 2020-12-02
86.389 AB DISCOVERY VALUE-ADV P 2015-09-08 2020-12-02
39.646 AB DISCOVERY VALUE-ADV P 2015-09-11 2020-12-02
52.528 AB DISCOVERY VALUE-ADV P 2015-10-28 2020-12-02
29.198 AB DISCOVERY VALUE-ADV P 2015-11-03 2020-12-02
9 TEXAS INSTRUMENTS INC P 2017-09-27 2020-12-02
26 ROCHE HOLDINGS LTD-SPONS ADR P 2019-05-21 2020-12-02
5 ROCHE HOLDINGS LTD-SPONS ADR P 2019-05-28 2020-12-02
7 TJX COMPANIES INC P 2017-06-02 2020-12-02
11 TJX COMPANIES INC P 2017-06-09 2020-12-02
8 UNITEDHEALTH GROUP INC P 2015-10-13 2020-12-02
29 VERIZON COMMUNICATIONS INC P 2018-06-08 2020-12-02
4 VERTEX PHARMACEUTICALS INC P 2018-11-12 2020-12-02
3 WALMART INC P 2018-02-15 2020-12-02
7 WALMART INC P 2018-03-06 2020-12-02
10 WELLS FARGO & CO P 2015-09-11 2020-12-02
19 WELLS FARGO & CO P 2015-09-22 2020-12-02
37 COMCAST CORP-CLASS A P 2014-02-28 2020-12-02
10 PROCTER & GAMBLE CO/THE P 2017-03-28 2020-12-02
13 PROGRESSIVE CORP P 2016-08-10 2020-12-02
24 ORACLE CORP P 2016-11-04 2020-12-02
14 MAGNA INTERNATIONAL INC P 2017-06-02 2020-12-02
25 MICROSOFT CORP P 2015-05-01 2020-12-02
9 MID-AMERICA APARTMENT COMM P 2017-08-17 2020-12-02
8 NIKE INC -CL B P 2017-06-02 2020-12-02
2 COSTCO WHOLESALE CORP P 2017-08-09 2020-12-02
10 EDWARDS LIFESCIENCES CORP P 2017-12-20 2020-12-02
5 GOLDMAN SACHS GROUP INC P 2017-03-28 2020-12-02
5 HOME DEPOT INC P 2012-08-20 2020-12-02
8 HONEYWELL INTERNATIONAL INC P 2016-05-05 2020-12-02
1 HONEYWELL INTERNATIONAL INC P 2016-11-04 2020-12-02
8 JOHNSON & JOHNSON P 2019-05-21 2020-12-02
8 AMERICAN ELECTRIC POWER P 2016-02-11 2020-12-02
4 AMERICAN ELECTRIC POWER P 2016-05-05 2020-12-02
33 APPLE INC P 2015-03-24 2020-12-02
1 AUTOZONE INC P 2018-05-18 2020-12-02
36 BANK OF AMERICA CORP P 2015-08-05 2020-12-02
11 CBRE GROUP INC - A P 2018-05-29 2020-12-01
2 CBRE GROUP INC - A P 2018-06-26 2020-12-01
6 PROGRESSIVE CORP P 2016-08-10 2020-12-01
8 MAGNA INTERNATIONAL INC P 2015-08-05 2020-12-01
2 MAGNA INTERNATIONAL INC P 2017-06-02 2020-12-01
7 APPLE INC P 2015-03-24 2020-12-01
6 PEPSICO INC P 2019-12-06 2020-11-23
3 PEPSICO INC P 2015-09-22 2020-11-23
8 PEPSICO INC P 2017-07-06 2020-11-23
4 PEPSICO INC P 2015-06-11 2020-11-20
10 PEPSICO INC P 2015-09-22 2020-11-20
14 PEPSICO INC P 2015-06-11 2020-11-18
13 PROGRESSIVE CORP P 2016-08-09 2020-11-12
6 PROGRESSIVE CORP P 2016-08-10 2020-11-12
2 MICROSOFT CORP P 2015-05-01 2020-11-12
2 ALIGN TECHNOLOGY INC P 2020-03-17 2020-11-10
33 PFIZER INC P 2019-11-19 2020-11-09
5 PFIZER INC P 2018-02-05 2020-11-09
33 PFIZER INC P 2018-09-25 2020-11-09
20 RAYTHEON TECHNOLOGIES P 2018-02-15 2020-11-05
7 CBRE GROUP INC P 2018-05-29 2020-11-03
19 INTEL CORP P 2019-12-06 2020-11-02
16 INTEL CORP P 2020-02-11 2020-11-02
23 INTEL CORP P 2019-12-06 2020-10-27
34 MASCO CORP P 2020-05-19 2020-10-23
1 CUBESMART P 2018-07-12 2020-10-23
25 CUBESMART P 2018-08-31 2020-10-23
9 MAGNA INTERNATIONAL INC P 2015-08-05 2020-10-23
11 PINNACLE WEST CAPITAL P 2020-06-04 2020-10-22
12 PINNACLE WEST CAPITAL P 2020-06-04 2020-10-21
7 QUALCOMM INC P 2020-06-04 2020-10-21
28.432 BERNSTEIN INTERMEDIATE DURATION PORTFOLIO P 2009-10-05 2020-10-20
10 PEPSICO INC P 2015-06-11 2020-10-12
36 PFIZER INC P 2018-02-05 2020-10-12
22 ROYAL DUTCH SHELL-SPON ADR-B P 2019-11-19 2020-10-07
5 ROYAL DUTCH SHELL-SPON ADR-B P 2019-02-25 2020-10-07
17 ROYAL DUTCH SHELL-SPON ADR-B P 2019-03-26 2020-10-07
3 PEPSICO INC P 2015-06-11 2020-10-01
13 ROYAL DUTCH SHELL-SPON ADR-B P 2019-01-04 2020-09-22
35 ROYAL DUTCH SHELL-SPON ADR-B P 2019-02-25 2020-09-22
656.295 AB SMALL CAP CORE PORTFOLIO ADV CL P 2016-09-16 2020-09-18
7.464 AB SMALL CAP CORE PORTFOLIO ADV CL P 2016-12-16 2020-09-18
3.065 AB SMALL CAP CORE PORTFOLIO ADV CL P 2017-02-28 2020-09-18
5 F5 NETWORKS INC P 2019-06-14 2020-09-18
7 F5 NETWORKS INC P 2019-06-17 2020-09-18
1 BERKSHIRE HATHAWAY INC-CL B P 2018-08-31 2020-09-17
18 BERKSHIRE HATHAWAY INC-CL B P 2018-09-11 2020-09-17
19 PFIZER INC P 2016-06-16 2020-09-16
33 PFIZER INC P 2018-02-05 2020-09-16
23 APPLE INC P 2015-03-24 2020-09-08
32 CISCO SYSTEMS INC P 2019-09-05 2020-08-28
4 CISCO SYSTEMS INC P 2016-11-17 2020-08-28
30 CISCO SYSTEMS INC P 2017-03-08 2020-08-28
1 BOOKING HOLDINGS INC P 2019-03-19 2020-08-24
2 ALIGN TECHNOLOGY INC P 2020-03-17 2020-08-18
2 NVIDIA CORP P 2020-03-25 2020-08-18
1 ADOBE INC P 2016-07-21 2020-08-18
27 CISCO SYSTEMS INC P 2016-11-17 2020-08-11
1 BOOKING HOLDINGS INC P 2018-10-03 2020-08-06
15 CISCO SYSTEMS INC P 2016-10-19 2020-08-06
13 CISCO SYSTEMS INC P 2016-11-17 2020-08-06
8 AMERICOLD REALTY TRUST P 2020-02-11 2020-07-29
15 FIDELITY NATIONAL INFORMATION P 2018-09-11 2020-07-29
7 FIDELITY NATIONAL INFORMATION P 2018-09-11 2020-07-28
2 PFIZER INC P 2013-06-10 2020-07-28
39 PFIZER INC P 2016-06-16 2020-07-28
8 FIDELITY NATIONAL INFORMATION P 2018-09-11 2020-07-27
15 PFIZER INC P 2013-06-10 2020-07-23
26.851 BERNSTEIN INTERMEDIATE DURATION PORTFOLIO P 2009-10-05 2020-07-20
6 PAYPAL HOLDINGS INC P 2019-01-24 2020-07-20
11 MERCK & CO. INC. P 2018-10-03 2020-07-17
11 MERCK & CO. INC. P 2019-03-19 2020-07-17
2 APPLE INC P 2015-03-24 2020-07-17
29 CISCO SYSTEMS INC P 2016-10-19 2020-07-17
3 MICROSOFT CORP P 2015-05-01 2020-07-06
11 NOVO-NORDISK A/S-SPONS ADR P 2019-08-09 2020-07-02
14 NOVO-NORDISK A/S-SPONS ADR P 2019-04-23 2020-07-02
16 MERCK & CO. INC. P 2018-10-03 2020-07-01
11 BERKSHIRE HATHAWAY INC-CL B P 2018-08-31 2020-07-01
1795.977 BERNSTEIN INTERMEDIATE DURATION PORTFOLIO P 2009-10-05 2020-06-29
5 BERKSHIRE HATHAWAY INC-CL B P 2018-08-31 2020-06-24
9 DOLLAR GENERAL CORP P 2019-03-01 2020-06-15
6 MICROSOFT CORP P 2015-05-01 2020-06-15
5 FACEBOOK INC-A1 P 2015-09-11 2020-06-10
1 ALPHABET INC-CL C P 2017-02-07 2020-06-09
6 FACEBOOK INC-A1 P 2015-09-11 2020-06-02
42 US FOODS HOLDING CORP P 2018-10-23 2020-05-20
10 ROSS STORES INC P 2018-06-08 2020-05-19
24 US FOODS HOLDING CORP P 2018-09-25 2020-05-18
10 US FOODS HOLDING CORP P 2018-10-23 2020-05-18
7 ROSS STORES INC P 2017-11-22 2020-05-18
5 ROSS STORES INC P 2018-06-08 2020-05-18
17 JPMORGAN CHASE & CO P 2017-06-26 2020-05-18
10 JPMORGAN CHASE & CO P 2018-06-20 2020-05-18
35 JPMORGAN CHASE & CO P 2017-06-26 2020-05-15
1 APPLE INC P 2015-03-24 2020-05-11
5 KLA CORP P 2020-01-24 2020-05-07
RAYTHEON TECHNOLOGIES P 2020-05-04 2020-05-04
82.09 AB SMALL CAP CORE PORTFOLIO ADV CL P 2016-09-16 2020-05-01
6 DOLLAR GENERAL CORP P 2019-02-05 2020-05-01
1 DOLLAR GENERAL CORP P 2019-03-01 2020-05-01
17 JPMORGAN CHASE & CO P 2017-06-26 2020-04-30
16 DELTA AIR LINES INC P 2016-07-21 2020-04-27
21 DELTA AIR LINES INC P 2019-02-05 2020-04-27
17 DELTA AIR LINES INC P 2019-03-19 2020-04-27
37 DELTA AIR LINES INC P 2016-07-21 2020-04-24
7 CBRE GROUP INC P 2018-05-11 2020-04-22
14 CBRE GROUP INC P 2018-05-29 2020-04-22
7 CITRIX SYSTEMS INC P 2019-06-14 2020-04-21
4 BROADCOM INC P 2019-08-01 2020-04-21
22.151 BERNSTEIN INTERMEDIATE DURATION PORTFOLIO P 2009-10-05 2020-04-21
6 MICROSOFT CORP P 2015-05-01 2020-04-21
3 REGENERON PHARMACEUTICALS P 2019-11-19 2020-04-20
8 CHECK POINT SOFTWARE TECH P 2019-04-23 2020-04-14
5 CHECK POINT SOFTWARE TECH P 2019-03-19 2020-04-14
5 NOVO-NORDISK A/S-SPONS ADR P 2019-04-11 2020-04-09
17 NOVO-NORDISK A/S-SPONS ADR P 2019-04-12 2020-04-09
6 DOLLAR GENERAL CORP P 2019-02-05 2020-04-09
6 BERKSHIRE HATHAWAY INC-CL B P 2018-08-31 2020-04-09
1 ROSS STORES INC P 2017-05-05 2020-04-06
16 ROSS STORES INC P 2017-11-22 2020-04-06
4 BROADCOM INC P 2019-06-14 2020-04-02
4 CHECK POINT SOFTWARE TECH P 2019-02-19 2020-04-02
5 CHECK POINT SOFTWARE TECH P 2019-03-19 2020-04-02
7 PROGRESSIVE CORP P 2016-08-09 2020-04-02
11 CHEVRON CORP P 2018-02-05 2020-04-02
3 BROADCOM INC P 2019-05-21 2020-04-01
1 BROADCOM INC P 2019-06-14 2020-04-01
26 STARBUCKS CORP P 2019-06-14 2020-03-24
5 BROADCOM INC P 2019-05-21 2020-03-24
4 APPLE INC P 2015-03-24 2020-03-24
5 REGENCY CENTERS CORP P 2019-08-22 2020-03-23
5 EVEREST RE GROUP LTD P 2018-08-31 2020-03-23
12 REGENCY CENTERS CORP P 2018-10-05 2020-03-23
15 REGENCY CENTERS CORP P 2018-11-12 2020-03-23
3 BROADCOM INC P 2019-05-21 2020-03-20
2 WALMART INC P 2018-02-15 2020-03-19
30 STARBUCKS CORP P 2019-06-14 2020-03-18
2 EVEREST RE GROUP LTD P 2018-08-31 2020-03-17
30 FNF GROUP P 2019-04-23 2020-03-13
5 DOLLAR GENERAL CORP P 2019-01-04 2020-03-13
2 DOLLAR GENERAL CORP P 2019-02-05 2020-03-13
22 PHILLIPS 66 P 2019-07-24 2020-03-10
9 MERCK & CO. INC. P 2018-02-05 2020-03-09
4 MERCK & CO. INC. P 2018-10-03 2020-03-09
33 ROYAL DUTCH SHELL-SPON ADR-B P 2019-01-04 2020-03-09
17 FNF GROUP P 2019-03-19 2020-03-05
4 FNF GROUP P 2019-04-23 2020-03-05
12 SYNCHRONY FINANCIAL P 2019-09-05 2020-03-04
26 ALTRIA GROUP INC P 2018-08-07 2020-03-04
13 MERCK & CO. INC. P 2018-02-05 2020-03-04
1 COSTCO WHOLESALE CORP P 2017-08-09 2020-03-03
18 REGENCY CENTERS CORP P 2018-10-05 2020-03-03
4 COSTCO WHOLESALE CORP P 2017-08-09 2020-03-02
11 REGENCY CENTERS CORP P 2018-10-05 2020-02-26
25 SYNCHRONY FINANCIAL P 2019-09-05 2020-02-25
2 FNF GROUP P 2019-03-19 2020-02-13
39 FNF GROUP P 2018-08-01 2020-02-13
29 SYNCHRONY FINANCIAL P 2019-04-23 2020-02-12
3 SYNCHRONY FINANCIAL P 2019-09-05 2020-02-12
10 SYNCHRONY FINANCIAL P 2017-06-09 2020-02-12
44 SYNCHRONY FINANCIAL P 2017-06-09 2020-02-11
19 ALTRIA GROUP INC P 2018-08-07 2020-02-07
1 BOEING CO/THE P 2017-09-11 2020-02-07
4 BOEING CO/THE P 2017-09-27 2020-02-07
12 WALT DISNEY CO/THE P 2018-02-05 2020-02-07
10 WALT DISNEY CO/THE P 2018-09-25 2020-02-07
3 NORFOLK SOUTHERN CORP P 2017-03-28 2020-02-04
2 NORFOLK SOUTHERN CORP P 2017-06-02 2020-02-04
3 BERKSHIRE HATHAWAY INC-CL B P 2018-08-01 2020-02-03
1 BERKSHIRE HATHAWAY INC-CL B P 2018-08-31 2020-02-03
3 EVEREST RE GROUP LTD P 2018-08-31 2020-01-31
3 PAYPAL HOLDINGS INC P 2019-01-24 2020-01-31
5 REGENCY CENTERS CORP P 2018-10-05 2020-01-31
2 NORFOLK SOUTHERN CORP P 2017-03-28 2020-01-30
3 EVEREST RE GROUP LTD P 2018-02-06 2020-01-29
3 BOEING CO/THE P 2017-09-11 2020-01-27
16 NOVO-NORDISK A/S-SPONS ADR P 2019-04-11 2020-01-24
3 REINSURANCE GROUP OF AMERICA P 2019-09-06 2020-01-24
3 BERKSHIRE HATHAWAY INC-CL B P 2018-08-01 2020-01-24
19 MERCK & CO. INC. P 2018-02-05 2020-01-24
10 PHILLIPS 66 P 2019-07-24 2020-01-23
28.955 BERNSTEIN INTERMEDIATE DURATION PORTFOLIO P 2009-10-05 2020-01-21
1 ALTRIA GROUP INC P 2017-10-05 2020-01-17
17 ALTRIA GROUP INC P 2018-08-07 2020-01-17
1 BOOKING HOLDINGS INC P 2018-10-03 2020-01-17
3 BOEING CO/THE P 2017-08-09 2020-01-17
2 BOEING CO/THE P 2017-09-11 2020-01-17
1 WALT DISNEY CO/THE P 2014-10-22 2020-01-17
10 WALT DISNEY CO/THE P 2014-11-19 2020-01-17
1 WALT DISNEY CO/THE P 2018-02-05 2020-01-17
7 EOG RESOURCES INC P 2015-12-18 2020-01-17
1 EOG RESOURCES INC P 2016-02-11 2020-01-17
12 GILEAD SCIENCES INC P 2014-10-22 2020-01-17
17 GILEAD SCIENCES INC P 2016-06-06 2020-01-17
19 GILEAD SCIENCES INC P 2016-11-17 2020-01-17
5 JPMORGAN CHASE & CO P 2017-06-26 2020-01-17
4 F5 NETWORKS INC P 2019-06-14 2020-01-08
7 CHECK POINT SOFTWARE TECH P 2019-02-19 2020-01-07
Capital Gain Dividends      
(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 1,583   452 1,131
b 528   322 206
c 1,034   687 347
d 1,293   662 631
e 797   504 293
782   537 245
846   532 314
2,356   1,611 745
792   504 288
1,027   687 340
1,190   1,205 -15
97   94 3
729   406 323
451   427 24
258   250 8
1,305   1,176 129
2,042   1,462 580
521   151 370
539   250 289
542   403 139
365   259 106
339   356 -17
585   668 -83
316   196 120
400   182 218
486   96 390
409   390 19
444   139 305
625   765 -140
3,214   1,876 1,338
908   778 130
769   545 224
769   516 253
691   304 387
1,499   858 641
786   497 289
960   465 495
943   720 223
357   477 -120
500   568 -68
4,900   3,963 937
794   310 484
318   129 189
1,278   919 359
1,248   1,120 128
1,274   550 724
3,666   1,947 1,719
842   794 48
1,253   1,155 98
1,836   1,735 101
803   613 190
865   275 590
2,882   1,303 1,579
1,368   1,833 -465
644   610 34
1,081   603 478
4,424   2,596 1,828
627   92 535
1,881   466 1,415
771   790 -19
1,750   1,720 30
803   785 18
1,064   1,070 -6
592   603 -11
1,461   796 665
1,097   855 242
211   167 44
454   263 191
714   406 308
2,792   999 1,793
1,774   1,415 359
914   696 218
451   309 142
1,051   624 427
285   522 -237
542   962 -420
1,893   961 932
1,380   908 472
1,159   443 716
1,417   923 494
853   649 204
5,367   1,219 4,148
1,113   961 152
1,084   423 661
766   314 452
845   382 463
1,184   1,142 42
1,351   281 1,070
1,667   864 803
208   104 104
1,186   1,113 73
681   493 188
341   260 81
4,059   1,049 3,010
1,141   646 495
1,042   647 395
673   520 153
122   94 28
528   204 324
498   444 54
124   93 31
863   222 641
858   825 33
429   278 151
1,143   920 223
574   377 197
1,436   926 510
2,025   1,319 706
1,213   444 769
560   204 356
433   98 335
928   301 627
1,303   1,236 67
197   182 15
1,303   1,450 -147
1,164   1,906 -742
356   331 25
843   1,078 -235
710   1,072 -362
1,048   1,305 -257
1,862   1,517 345
34   2 32
861   762 99
495   500 -5
920   850 70
1,004   927 77
904   601 303
398   376 22
1,428   942 486
1,329   1,309 20
533   1,301 -768
121   319 -198
412   1,094 -682
420   283 137
330   804 -474
888   2,236 -1,348
6,944   6,734 210
79   89 -10
32   36 -4
608   682 -74
851   969 -118
218   209 9
3,923   3,871 52
704   658 46
1,222   1,200 22
2,666   731 1,935
1,346   1,542 -196
168   119 49
1,261   1,024 237
1,833   1,766 67
612   301 311
980   500 480
459   96 363
1,289   806 483
1,740   1,984 -244
713   455 258
618   388 230
322   284 38
2,167   1,635 532
1,005   763 242
78   57 21
1,530   1,351 179
1,152   872 280
580   427 153
376   355 21
1,053   550 503
879   795 84
879   895 -16
771   254 517
1,354   880 474
632   146 486
728   551 177
926   681 245
1,261   1,156 105
1,958   2,295 -337
25,000   23,743 1,257
892   1,043 -151
1,688   1,071 617
1,141   292 849
1,204   458 746
1,457   807 650
1,384   549 835
784   1,236 -452
891   853 38
452   741 -289
189   294 -105
632   507 125
452   427 25
1,510   1,487 23
888   1,082 -194
3,012   3,062 -50
316   127 189
821   908 -87
39     39
715   842 -127
1,038   697 341
173   119 54
1,618   1,487 131
370   620 -250
485   1,060 -575
393   872 -479
810   1,433 -623
280   329 -49
560   662 -102
1,029   676 353
994   1,162 -168
301   293 8
1,017   292 725
1,696   1,033 663
840   950 -110
525   631 -106
300   255 45
1,019   856 163
1,014   697 317
1,152   1,252 -100
86   65 21
1,384   1,160 224
932   1,039 -107
392   484 -92
490   631 -141
529   239 290
829   1,287 -458
670   825 -155
223   260 -37
1,599   2,186 -587
1,063   1,375 -312
961   509 452
172   327 -155
877   1,114 -237
412   757 -345
515   979 -464
592   825 -233
249   206 43
1,523   2,522 -999
369   446 -77
1,033   1,166 -133
713   544 169
285   232 53
1,374   2,244 -870
715   527 188
318   289 29
1,186   2,042 -856
724   593 131
170   155 15
362   399 -37
1,138   1,551 -413
1,065   761 304
309   157 152
1,082   1,136 -54
1,211   628 583
680   694 -14
782   832 -50
90   70 20
1,748   1,575 173
972   967 5
101   100 1
335   288 47
1,470   1,268 202
877   1,134 -257
339   241 98
1,356   1,019 337
1,690   1,281 409
1,408   1,138 270
635   340 295
424   249 175
671   595 76
224   209 15
832   669 163
342   275 67
310   316 -6
425   227 198
826   717 109
956   724 232
978   816 162
466   469 -3
683   595 88
1,637   1,112 525
1,005   1,020 -15
393   383 10
51   64 -13
868   1,014 -146
2,053   1,984 69
974   705 269
649   483 166
144   88 56
1,443   897 546
144   107 37
599   513 86
86   64 22
755   1,275 -520
1,070   1,479 -409
1,196   1,430 -234
689   437 252
548   546 2
786   846 -60
      11,669
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,131
b       206
c       347
d       631
e       293
      245
      314
      745
      288
      340
      -15
      3
      323
      24
      8
      129
      580
      370
      289
      139
      106
      -17
      -83
      120
      218
      390
      19
      305
      -140
      1,338
      130
      224
      253
      387
      641
      289
      495
      223
      -120
      -68
      937
      484
      189
      359
      128
      724
      1,719
      48
      98
      101
      190
      590
      1,579
      -465
      34
      478
      1,828
      535
      1,415
      -19
      30
      18
      -6
      -11
      665
      242
      44
      191
      308
      1,793
      359
      218
      142
      427
      -237
      -420
      932
      472
      716
      494
      204
      4,148
      152
      661
      452
      463
      42
      1,070
      803
      104
      73
      188
      81
      3,010
      495
      395
      153
      28
      324
      54
      31
      641
      33
      151
      223
      197
      510
      706
      769
      356
      335
      627
      67
      15
      -147
      -742
      25
      -235
      -362
      -257
      345
      32
      99
      -5
      70
      77
      303
      22
      486
      20
      -768
      -198
      -682
      137
      -474
      -1,348
      210
      -10
      -4
      -74
      -118
      9
      52
      46
      22
      1,935
      -196
      49
      237
      67
      311
      480
      363
      483
      -244
      258
      230
      38
      532
      242
      21
      179
      280
      153
      21
      503
      84
      -16
      517
      474
      486
      177
      245
      105
      -337
      1,257
      -151
      617
      849
      746
      650
      835
      -452
      38
      -289
      -105
      125
      25
      23
      -194
      -50
      189
      -87
      39
      -127
      341
      54
      131
      -250
      -575
      -479
      -623
      -49
      -102
      353
      -168
      8
      725
      663
      -110
      -106
      45
      163
      317
      -100
      21
      224
      -107
      -92
      -141
      290
      -458
      -155
      -37
      -587
      -312
      452
      -155
      -237
      -345
      -464
      -233
      43
      -999
      -77
      -133
      169
      53
      -870
      188
      29
      -856
      131
      15
      -37
      -413
      304
      152
      -54
      583
      -14
      -50
      20
      173
      5
      1
      47
      202
      -257
      98
      337
      409
      270
      295
      175
      76
      15
      163
      67
      -6
      198
      109
      232
      162
      -3
      88
      525
      -15
      10
      -13
      -146
      69
      269
      166
      56
      546
      37
      86
      22
      -520
      -409
      -234
      252
      2
      -60
       
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 65,390
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 7,620
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 1,372
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 1,372
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,372
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 827
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 827
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 8
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 553
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullethttp://www.ag.ca.gov/charities/
    14
    The books are in care ofbulletGeoffrey L Lamb CPA Telephone no.bullet (408) 371-6883

    Located atbullet2155 S Bascom Ave Ste 105CampbellCA ZIP+4bullet95008
    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
    Carol E Waitte Dir/Pres
    10.00     		0 6,394  
    19 Glenridge Ave
    Los Gatos,CA95030
    Barry K Waitte Dir/Treas
    6.00     		0 13,109  
    1400 Yount Mill Road
    Napa,CA94558
    Tobey E D Fitch Director
    4.00     		0    
    19 Glenridge Ave
    Los Gatos,CA95030
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,499,249
    b
    Average of monthly cash balances.......................
    1b
    58,329
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,557,578
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    2,557,578
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    38,364
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,519,214
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    125,961
    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
    125,961
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,372
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,372
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    124,589
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    124,589
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    124,589
    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
    117,790
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    117,790
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    117,790
    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 7 124,589
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017...... 22,354
    d From 2018...... 15,628
    e From 2019......  
    fTotal of lines 3a through e........ 37,982
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 117,790
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 117,790
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020. 6,799 6,799
    (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 31,183
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		31,183
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017.... 15,555
    c Excess from 2018.... 15,628
    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).)
    Carol E Waitte
    Barry K Waitte
    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
    Vashon Youth and Family Svcs
    PO Box 237
    Vashon,WA98070     		None Public Human services 500
    Creativity Explored
    3245 16th Street
    San Francisco,CA94103     		None Public Community Programs 12,000
    St Helena Hospital Foundation
    10 Woodland Road
    St Helena,CA94574     		None Public Community Programs 10,000
    Children's Health Initiative
    645 South Bascom
    San Jose,CA95128     		None Public Human Services 10,000
    West Valley College Foundation
    14000 Fruitvale Avenue
    Saratoga,CA95070     		None Public General Use 2,000
    NUMU Los Gatos
    106 Main Street
    Los Gatos,CA95030     		None Public Community Programs 8,000
    PlayWrite Inc
    PO Box 13420
    Portland,OR97213     		None Public Community Programs 5,000
    Spoon Foundation
    135 SE Main St Suite 201
    Portland,OR97214     		None Public Community Programs 1,000
    Rotary Foundation
    20660 Stevens Creek Blvd 313
    Cupertino,CA95014     		None Public Community Programs 500
    Bill Wilson Center
    3490 The Alameda
    Santa Clara,CA95050     		None Public Youth Grief Counseling 5,000
    Up Valley Family Center
    1140 Spring Street
    St Helena,CA94574     		None Public Human Services 6,000
    Giant Steps
    1320 Commerce St Ste A
    Petaluma,CA94954     		None Public Community Programs 5,000
    Second Harvest Food Bank
    4001 North First Street
    San Jose,CA95134     		None Public Community Programs 3,500
    Southern Poverty Law Center
    400 Washington Avenue
    Montgomery,AL36104     		None Public Community Programs 2,500
    PHFS - Portland Homeless Family Ser
    1221 South Yamhill Ste 210
    Portland,OR97205     		None Public Community Programs 5,000
    Grateful Garment Program
    1777 Hamilton Ave 2280
    San Jose,CA95125     		None Public Community Programs 2,000
    The Innocence Project
    40 Worth Street Suite 701
    New York,NY10013     		None Public Community Programs 2,000
    Doctors Without Borders
    40 Rector St 16th Floor
    New York,NY10006     		None Public Community Programs 5,000
    Total .................................bullet 3a 85,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 52  
    4 Dividends and interest from securities....     14 41,871  
    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 65,390  
    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)..   107,313  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    107,313
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID: 20011551
    Software Version: 2020v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    The Waitte Foundation
    EIN:
    77-0527049
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Acctg & Tax Prep 6,690 0 0 6,690

    TY 2020 LegalFeesSchedule
    Name:
    The Waitte Foundation
    EIN:
    77-0527049
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal Fees 2,500 0 0 2,500


    TY 2020 OtherExpensesSchedule
    Name:
    The Waitte Foundation
    EIN:
    77-0527049
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Ca Attorney General Registry 50     50
    Internet 1,072     1,072
    Misc 143     143
    Office expense 366     366
    Office supplies 411     411
    Other exp 1,270      
    Registration fees & charges 45     45
    Telephone 4,021     2,010


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    The Waitte Foundation
    EIN:
    77-0527049
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Bernstein inv mgmt fees 7,483 7,483 0 0


    TY 2020 TaxesSchedule
    Name:
    The Waitte Foundation
    EIN:
    77-0527049
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign tax w/h on divids 1,137 1,137