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 HEXBERG FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)921 EMERALD BAY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAGUNA BEACH, CA92651
A Employer identification number

91-2172555
B Telephone number (see instructions)

(714) 236-4800
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$29,648,341J 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) 1,341,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 6,177 6,177  
4 Dividends and interest from securities... 294,243 294,243  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 35,419
b Gross sales price for all assets on line 6a 870,054
7 Capital gain net income (from Part IV, line 2)... 35,419
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 24,720 0  
12 Total. Add lines 1 through 11........ 1,701,559 335,839  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 9,500 9,500   0
c Other professional fees (attach schedule).... Click to see attachment 24,000 0   24,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,327 8,167   160
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 200 0   200
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 72,585 71,677   908
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 114,612 89,344   25,268
25 Contributions, gifts, grants paid....... 1,183,300 1,183,300
26 Total expenses and disbursements. Add lines 24 and 25 1,297,912 89,344   1,208,568
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 403,647
b Net investment income (if negative, enter -0-) 246,495
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.............   -1 -1
2 Savings and temporary cash investments......... 1,576,380 1,958,225 1,958,225
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.......... 44,365 9,967  
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,630,108 Click to see attachment3,686,978 7,987,663
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 13,035,251 Click to see attachment13,061,824 19,702,454
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) 18,286,104 18,716,993 29,648,341
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment134,488 Click to see attachment161,730
23 Total liabilities (add lines 17 through 22)......... 134,488 161,730
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........ 11,538,342 11,538,342
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 6,613,274 7,016,921
29 Total net assets or fund balances (see instructions)..... 18,151,616 18,555,263
30 Total liabilities and net assets/fund balances (see instructions). 18,286,104 18,716,993
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
18,151,616
2
Enter amount from Part I, line 27a .....................
2
403,647
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
18,555,263
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
18,555,263
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 FIDELITY COVERED LT P    
b PERSHING COVERED ST P    
c PERSHING COVERED LT P    
d CAPITAL GAINS DIVIDENDS P    
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 283,639   203,814 79,825
b 201,776   272,771 -70,995
c 237,042   358,050 -121,008
d 147,597     147,597
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       79,825
b       -70,995
c       -121,008
d       147,597
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 35,419
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 3,426
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 3,426
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 3,426
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 9,600
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 9,600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 6,174
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet0 RefundedBullet 11 6,174
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? Click to see attachment....................
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. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletRASMUSON WARD AN ACCOUNTANCY COR Telephone no.bullet (714) 236-4800

    Located atbullet4281 KATELLA AVE SUITE 122LOS ALAMITOSCA ZIP+4bullet90720
    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
    GREGORY HEXBERG TRUSTEE
    1.00     		0 0 0
    921 EMERALD BAY
    LAGUNA BEACH,CA92651
    JILL HEXBERG TRUSTEE
    0.10     		0 0 0
    10732 ORANGE PARK BLVD
    ORANGE,CA92869
    DEBORAH L HEXBERG TRUSTEE
    0.10     		0 0 0
    921 EMERALD BAY
    LAGUNA BEACH,CA92651
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    20,671,064
    b
    Average of monthly cash balances.......................
    1b
    954,970
    c
    Fair market value of all other assets (see instructions)................
    1c
    3,137,940
    d
    Total (add lines 1a, b, and c).........................
    1d
    24,763,974
    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
    24,763,974
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    371,460
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    24,392,514
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,219,626
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,219,626
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,426
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,426
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,216,200
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,216,200
    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
    1,216,200
    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
    1,208,568
    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
    1,208,568
    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
    1,208,568
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 1,216,200
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 1,124,514
    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$ 1,208,568
    a Applied to 2019, but not more than line 2a 1,124,514
    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..... 84,054
    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 ..........     		1,132,146
    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
    BIG BROTHERS BIG SISTERS OF ORANGE COUNTY
    1801 E EDINGER AVENUE
    SANTA ANA,CA92705     		NONE PC PROVIDE MENTORING TO AT-RISK YOUTH 5,000
    ADVENTURE UNLIMITED
    5201 SOUTH QUEBEC STREET
    GREENWOOD VILLAGE,CO80111     		NONE PC SUPPORT THE PROGRAMS THE ORGANIZATON OFFERS TO CHRISTIAN SCIENCE YOUTH, FAMILY & FRIENDS 40,000
    AMERICAN RED CROSS
    431 18TH STREET NW
    WASHINGTON,DC20006     		NONE PC PROVIDE EMERGENCY SERVICES AND AID TO THOSE IN NEED 30,000
    ARMED SERVICES YMCA OF THE USA
    14040 CENTRAL LOOP SUITE B
    WOODBRIDGE,VA22193     		NONE PC PROVIDE PROGRAMS AND SERVICES TO TROOPS AND THEIR FAMILIES 9,000
    ASPCA
    520 8TH AVENUE
    NEW YORK,NY10018     		NONE PC RESCUES AND PROVIDES SHELTER TO ANIMALS IN NEED 13,000
    BEST DAY FOUNDATION
    567 AUTO CENTER DRIVE
    WATSONVILLE,CA95076     		NONE PC GIVE CHILDREN WITH SPECIAL NEEDS THE OPPORTUNITY TO PARTICIPATE IN WATER SPORTS 7,500
    TICONDEROGA REVITALIZATION ALLIANCE
    PO BOX 247
    NEW YORK,NY12883     		NONE PC WORK TO RESTORE ECONOMIC PROSPERITY IN THE TICONDEROGA REGION 50,000
    BOYS AND GIRL'S CLUB OF LAGUNA BEACH
    1085 LAGUNA CANYON ROAD
    LAGUNA BEACH,CA92651     		NONE PC SUPPORT THE ORGANIZATION'S EFFORTS TO HELP PROVIDE A POSITIVE ENVIRONMENT FOR CHILDREN 22,000
    MISSION SAN JUAN CAPISTRANO
    26801 ORTEGA HIGHWAY
    SAN JUAN CAPISTRANO,CA92675     		NONE PC PRESERVE THE MISSION OF SAN JUAN CAPISTRANO 1,000
    BOYS HOPEGIRLS HOPE
    17701 COWAN AVENUE
    IRVINE,CA92614     		NONE PC PROVIDES HOMES AND EDUCATION TO DISADVANTAGED CHILDREN 16,000
    CALIFORNIA FIRE FOUNDATION
    1780 CREEKSIDE OAKS DRIVE
    SACRAMENTO,CA95833     		NONE PC PROVIDE FIRE SAFETY EDUCATION AND VICTIM ASSISTANCE TO THOSE IN NEED 18,000
    CARE 4 PAWS
    PO BOX 60524
    SANTA BARBARA,CA93160     		NONE PC CARE FOR HOMELESS PETS, PROTECT PETS FROM ABUSE & KEEP PETS OUT OF SHELTERS 7,000
    CASA YOUTH SHELTER
    10911 REAGAN STREET
    LOS ALAMITOS,CA90720     		NONE PC PROVIDE FOOD, SHELTER AND COUNSELING TO YOUTHS 13,000
    CATALINA ISLAND CONSERVANCY
    PO BOX 2739
    AVALON,CA90704     		NONE PC SUPPORT PROGRAMS IN CONSERVATION, EDUCATION & RECREATION OF CATALINA ISLAND 12,500
    CHALLENGED ATHLETES FOUNDATION
    9591 WAPLES STREET
    SAN DIEGO,CA92191     		NONE PC SUPPORT THE EFFORTS TO PROVIDE ADAPTIVE EQUIPMENT TO PEOPLE WITH PHYSICAL CHALLENGES 15,000
    CHILDREN'S DEFENSE FUND
    25 E STREET NW
    WASHINGTON,DC20001     		NONE PC PROVIDE CHILDREN IN NEED WITH HEALTH CARE, EDUCATION, PROTECTION & A POSITIVE MORAL FOUNDATION 12,000
    CHILDREN'S HEALTH FUND
    215 WEST 125TH STREET SUITE 301
    NEW YORK,NY10027     		NONE PC PROVIDES HEALTH CARE TO MEDICALLY UNDERSERVED CHILDREN 10,000
    CHILDREN'S HOSPITAL OF LOS ANGELES
    4650 SUNSET BLVD 29
    LOS ANGELES,CA90027     		NONE PC PROVIDE CRITICAL MEDICAL CARE AND SUPPORT FOR CHILDREN 25,000
    CHILDREN'S HOSPITAL OF ORANGE COUNTY
    1201 W LA VETA AVE
    ORANGE,CA92868     		NONE PC NURTURE, HEAL AND PROTECT SUFFERING CHILDREN AND PROVIDE SUPPORT FOR FAMILIES 25,000
    CHILDREN'S SCHOLARSHIP FUND
    8 WEST 38TH STREET
    NEW YORK,NY10018     		NONE PC PROVIDE EDUCATIONAL OPPORTUNITIES TO LOW-INCOME FAMILIES 11,000
    DIRECT RELIEF INTERNATIONAL
    27 S LA PATERA LANE
    SANTA BARBARA,CA93117     		NONE PC DELIVER MEDICINE AND SUPPLIES DURING EMERGENCY SITUATIONS 30,000
    CONCORDIA UNIVERSITY
    1530 CONCORDIA
    IRVINE,CA92612     		NONE PC PREPARE STUDENTS FOR LIVES OF LEARNING, SERVICE & LEADERSHIP 5,000
    CROSSROADS MINISTRY
    PO BOX 6246
    OAK RIDGE,TN37831     		NONE PC PROVIDE TRAINING, SUPPORT AND A SAFE ENVIRONMENT FOR YOUNG MOTHERS AND THEIR CHILDREN 8,500
    CRYSTAL COVE CONSERVANCY
    5 CRYSTAL COVE
    NEWPORT COAST,CA92657     		NONE PC PROVIDE EDUCATION AND CONSERVATION PROGRAMS FOR CRYSTAL COVE 25,000
    DIRECT RELIEF INTERNATIONAL
    27 S LA PATERA LANE
    SANTA BARBARA,CA93117     		NONE PC DELIVER MEDICINE AND SUPPLIES DURING EMERGENCY SITUATIONS 30,000
    DOCTORS WITHOUT BORDERS
    40 RECTOR STREET
    NEW YORK,NY10006     		NONE PC DELIVER CRITICAL EMERGENCY CARD TO PEOPLE IN CRISIS 16,000
    EQUALITY NOW
    125 MAIDEN LANE
    NEW YORK,NY10038     		NONE PC WORK TO END VIOLENCE AND DISCRIMINATION AGAINST WOMEN AND GIRLS ACROSS THE WORLD 8,500
    FEEDING AMERICA'S HUNGRY CHILDREN
    PO BOX 83775
    PHOENIX,AZ85071     		NONE PC PROVIDE EMERGENCY FOOD ASSISTANCE TO THE CHILDREN OF AMERICA IN NEED 12,000
    FISHER HOUSE FOUNDATION
    111 ROCKVILLE PIKE
    ROCKVILLE,MD20850     		NONE PC PROVIDE A PLACE FOR MILITARY FAMILIES OF AMERICA TO STAY WHILE SUPPORTING THEIR LOVED ONES 7,500
    FLAGSTAFF MARINE LEAGUE CHARITIES
    PO BOX 127
    FLAGSTAFF,AZ86002     		NONE PC SUPPORT ARMED FORCES AND MARINE CHARITIES 3,500
    FOODBANK OF SOUTHERN CALIFORNIA
    1444 SAN FRANCISCO AVE
    LONG BEACH,CA90813     		NONE PC PROVIDE FOOD DISTRIBUTION PROGRAMS TO THE HUNGRY 13,000
    FOREST FOUNDATION
    1215 K STREET
    SACRAMENTO,CA95814     		NONE PC CONSERVE CALIFORNIA'S FORESTS AND EDUCATE PEOPLE ABOUT FORESTRY AND OUR NATURAL RESOURCES 8,500
    FREEDOM ALLIANCE
    22570 MARKE COURT
    DULLES,VA20166     		NONE PC PROVIDE REHABILITATION FOR SERVICE PEOPLE AND SCHOLARSHIPS TO MILITARY CHILDREN 20,000
    FRIENDS OF THE SANTA ANA ZOO
    1801 E CHESTNUT
    SANTA ANA,CA92701     		NONE PC PROVIDE EDUCATION, RECREATION AND CONSERVATION EFFORTS TO OUR COMMUNITY AND THE ANIMALS 7,500
    FRIENDSHIP SHELTER
    PO BOX 4252
    LAGUNA BEACH,CA92652     		NONE PC HELP THE HOMELESS POPULATION BECOME SELF-SUFFICIENT AND GET BACK ON THEIR FEET 9,000
    GIRLS INC OF GREATER SANTA BARBARA
    PO BOX 236
    SANTA BARBARA,CA93102     		NONE PC PROVIDE AFTER SCHOOL AND SUMMER PROGRAMS FOR GIRLS 11,000
    GLENNWOOD HOUSING FOUNDATION
    2130 S COAST HIGHWAY
    LAGUNA BEACH,CA92651     		NONE PC PROVIDE HOME AND SKILLS TO ADULTS WITH DEVELOPMENTAL DISABILITIES. 9,000
    GLOBAL GRINS
    2102 BUSINESS CENTER DRIVE
    IRVINE,CA92612     		NONE PC PROMOTE ORAL HEALTH CARE AND PROVIDE TOOTHBRUSHES TO MEN, WOMEN AND CHILDREN AROUND THE WORLD 8,500
    HABITAT FOR HUMANITY-ORANGE COUNTY
    2200 SOUTH RITCHEY
    SANTA ANA,CA92705     		NONE PC BUILD AFFORDABLE HOMES FOR LOW-INCOME FAMILIES 9,000
    HEAL THE BAY
    1444 9TH STREET
    SANTA MONICA,CA90401     		NONE PC EDUCATE PEOPLE ABOUT CLEAN WATER AND THRIVING OCEANS AND PROMOTE CLEAN-UP 12,000
    LAGUNA BEACH ANIMAL SHELTER
    PO BOX 104
    LAGUNA BEACH,CA92652     		NONE PC HELP PROVIDE SUPPORT TO ANIMALS IN NEED OF MEDICAL ATTENTION AND PERMANENT HOMES 12,000
    LAGUNA BEACH OCEAN LIFEGUARD FOUNDATION
    1278 GLENNEYRE 32
    LAGUNA BEACH,CA92651     		NONE PC SUPPORTS THE PROFESSIONAL, PHYSICAL AND MENTAL DEVELOPMENT OF OCEAN LIFEGAURDS 5,000
    LAGUNA CANYON FOUNDATION
    PO BOX 4895
    LAGUNA BEACH,CA92652     		NONE PC HOMELESS SHELTER FOR FAMILIES 4,000
    LAGUNA FOOD PANTRY
    20652 LAGUNA CANYON ROAD
    LAGUNA BEACH,CA92651     		NONE PC FEED LOW-INCOME, UNEMPLOYED, DISABLED, ELDERLY AND HOMELESS PEOPLE 8,000
    MAMMOTH LAKES FOUNDATION
    100 COLLEGE PARKWAY
    MAMMOTH LAKES,CA93546     		NONE PC SUPPORT ARTS, CULTURE & EDUCATION IN THE EASTERN SIERRA 9,000
    NEWPORT BAY CONSERVANCY
    2301 UNIVERSITY DRIVE
    NEWPORT BEACH,CA92660     		NONE PC PROMOTE CONSERVATION AND RESTORATION OF THE UPPER NEWPORT BAY 5,000
    NORTH AMERICAN FOREST FOUNDATION
    PO BOX 57
    COLLIERVILLE,TN38027     		NONE PC WORK TO TEACH THE BENEFITS OF PROPERLY HARVESTING TREES 6,000
    ONE SAFE PLACE
    PO BOX 991060
    REDDING,CA96099     		NONE PC SUPPORT SERVICES AND SHELTER FOR MEN, WOMEN AND CHILDREN SUFFERING FROM DOMESTIC AND SEXUAL ABUSE 6,500
    OPEN HOUSE MINISTRIESPORTLAND HOO HOO
    900 W 12TH STREET
    VANCOUVER,WA98660     		NONE EOF HOMELESS SHELTER FOR FAMILIES 3,500
    ORANGE COUNTY RESCUE MISSION
    1 HOPE DRIVE
    TUSTIN,CA92782     		NONE PC PROVIDE FOOD, SHELTER, EDUCATION AND JOB TRAINING TO PEOPLE IN NEED 10,000
    ORANGEWOOD CHILDREN'S FOUNDATION
    1575 EAST 17TH STREET
    SANTA ANA,CA92705     		NONE PC PROVIDE EDUCATION, SCHOLARSHIPS, HOUSING AND LIFE SKILLS PROGRAMS TO CHILDREN AND YOUNG ADULTS 10,000
    PACIFIC AVIATION MUSEUM-PEARL HARBOR
    319 LEXINGTON BLVD
    HONOLULU,HI96818     		NONE PC EDUCATES CITIZENS AND HONORS THOSE THAT FOUGHT DURING PEARL HARBOR 8,000
    PACIFIC MARINE MAMMAL CENTER
    20612 LAGUNA CANYON RD
    LAGUNA BEACH,CA92651     		NONE PC SUPPORT ORGANIZATION'S EFFORTS TO RESCUE AND REHABILITATE THE LOCAL MARINE MAMMAL COMMUNITY 18,000
    PEDIATRIC BRAIN TUMOR FOUNDATION
    302 RIDGEFIELD COURT
    ASHEVILLE,NC28806     		NONE PC FUND CRITICAL RESEARCH TO FIND A CURE FOR BRAIN TUMORS IN CHILDREN 11,000
    PRINCIPIA
    13201 CLAYTON ROAD
    ST LOUIS,MO63131     		NONE PC CHRISTIAN SCIENCE HIGH SCHOOL AND COLLEGE PROGRAMS 50,000
    PRINCIPIA
    13201 CLAYTON ROAD
    ST LOUIS,MO63131     		NONE PC CHRISTIAN SCIENCE HIGH SCHOOL AND COLLEGE PROGRAMS 100,000
    PROMISE4PAWS
    31878 DEL OBISPO ST 118-379
    SAN JUAN CAPISTRANO,CA92675     		NONE PC ANIMAL RESCUE, REHABILITATION AND PLACEMENT 1,000
    RED BUCKET EQUINE RESCUE
    2885 ENGLISH ROAD
    CHINO HILLS,CA91709     		NONE POF HELP SAVE AND REHABILITATE HORSES THAT HAVE BEEN ABANDONED OR NEGLECTED AND FIND SAFE HOMES 7,500
    SANTA MARIA VALLEY HUMANE SOCIETY
    1687 W STOWELL ROAD
    SANTA MARIA,CA93458     		NONE PC FEED, SHELTER AND FIND HOMES FOR ANIMALS IN THE COMMUNITY 10,000
    SCHOOL POWER LAGUNA BEACH EDUCATION FOUNDATION
    733 ST ANNS DR
    LAGUNA BEACH,CA92651     		NONE PC PROVIDE EDUCATIONAL AND EXTRA-CURRICULAR PROGRAMS FOR LAGUNA PUBLIC SCHOOLS 50,000
    SECOND HARVEST FOOD BANK OF ORANGE COUNTY
    8014 MARINE WAY
    IRVINE,CA92618     		NONE PC PROVIDE MEALS TO HUNDREDS OF THOUSANDS OF CHILDREN, SENIORS AND FAMILIES IN ORANGE COUNTY THAT ARE STRUGGLING WITH HUNGER 14,000
    SHARE OUR STRENGTH
    1030 15TH STREET NW
    WASHINGTON,DC20005     		NONE PC ENSURE CHILDREN HAVE ACCESS TO DAILY MEALS 14,000
    SHATTERPROOF
    101 MERRITT 7 CORPORATE PARK
    NORWALK,CT06851     		NONE PC BUILD PREVENTION, TREATMENT AND RECOVERY PROGRAMS TO THOSE BATTLING ADDICTION 4,500
    SURFRIDER FOUNDATION
    PO BOX 6010
    SAN CLEMENTE,CA92673     		NONE PC PROTECT LOCAL BEACHES, KEEP WATER CLEAN 300
    SURFRIDER FOUNDATION
    PO BOX 6010
    SAN CLEMENTE,CA92673     		NONE PC PROTECT LOCAL BEACHES, KEEP WATER CLEAN 12,000
    SUSAN G KOMEN FOR THE CURE
    2817 MCGAW AVENUE
    IRVINE,CA92614     		NONE PC PROVIDE EDUCATION, PREVENTION, SCREENING AND CARE FOR THOSE BATTLING BREAST CANCER 12,000
    THE CAMPBELL CENTER
    6512 SAN FERNANDO RD
    GLENDALE,CA91201     		NONE PC PROVIDE SERVICES AND PROGRAMS FOR GLENDALE'S ADULTS WITH DEVELOPMENTAL DISABILITIES 7,500
    THE ECOLOGY CENTER
    32701 ALIPAZ ST
    SAN JUAN CAPISTRANO,CA92675     		NONE PC PROVIDE TOOLS AND EDUCATION TO INSPIRE ECOLOGICAL SOLUTIONS AND TRANSFORM COMMUNITIES 50,000
    THE ECOLOGY CENTER
    32701 ALIPAZ ST
    SAN JUAN CAPISTRANO,CA92675     		NONE PC PROVIDE TOOLS AND EDUCATION TO INSPIRE ECOLOGICAL SOLUTIONS AND TRANSFORM COMMUNITIES 50,000
    THE HUMANE SOCIETY OF THE UNITED STATES
    1255 23RD STREET NW
    WASHINGTON,DC20037     		NONE PC HELP FIGHT AGAINST ANIMAL MISTREATMENT AND PROVIDE SUPPLIES AND VETERINARY SERVICES 8,000
    THE JOYFUL CHILD FOUNDATION
    PO BOX 12680
    WESTMINISTER,CA92685     		NONE PC HELP PREVENT CRIMES AGAINST CHILDREN THROUGH EDUCATION, TRAINING AND EMPOWERMENT 10,000
    THE USO
    PO BOX 96860
    WASHINGTON,DC20077     		NONE PC PROVIDE CRITICAL SERVICES TO PEOPLE OF THE ARMED SERVICES AND THEIR CHILDREN 8,500
    UCI SCHOOL OF MEDICINE DEPARTMENT OF NEUROLOGY
    100 THEORY SUITE 250
    IRVINE,CA92697     		NONE PC CARE, EDUCATE AND RESEARCH HELP FOR PATIENTS WITH DIVERSE NEUROLOGICAL CONDITIONS 2,500
    UCLA FOUNDATION - OPERATION MEND
    10920 WILSHIRE BLVD
    LOS ANGELES,CA90024     		NONE PC PROVIDE MENTAL AND PHYSICAL PATIENT CARE AND SUPPORT TO VETERANS 10,000
    UNICEF
    125 MAIDEN LANE
    NEW YORK,NY10038     		NONE PC PROVIDE HEALTHCARE - EMERGENCY RELIEF FOR CHILDREN 13,000
    UNITED IN LIGHT
    101 BILLMAN LANE
    LIVINGSTON,MT59047     		NONE PC SAVE AND CARE FOR DRAFT HORSES 5,000
    VANGUARD UNIVERSITY FOUNDATION
    55 FAIR DRIVE
    COSTA MESA,CA92626     		NONE PC PROVIDE ENRICHING EDUCATIONAL ENVIRONMENT FOR CHRISTIAN COLLEGE STUDENTS 8,000
    WILLOW INTERNATIONAL
    337 N CLARK STREET
    ORANGE,CA92868     		NONE PC PREVENTS HUMAN TRAFFICKING, RESCUES VICTIMS AND PROVIDES AFTERCARE TO SURVIVORS 7,500
    WOUNDED WARRIOR PROJECT
    4899 BELFORT ROAD
    JACKSONVILLE,FL32256     		NONE PC REHABILITATE OUR SERVICEMEN AND PROVIDE THEM WITH PHYSICAL AND MENTAL HEALTH SERVICES AND SUPPORT 10,000
    YWCA OF SAN GABRIEL VALLEY
    517 HOLLOW AVENUE
    WEST COVINA,CA91790     		NONE PC TEACHING VALUES TO CHILDREN (CARING, HONESTY, RESPECT AND RESPONSIBILITY) 6,500
    Total .................................bullet 3a 1,183,300
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 6,177  
    4 Dividends and interest from securities....     14 294,243  
    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 35,419  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPASSIVE INCOME FROM DEBT FINANCED PARTNERSHIPS     		531390 24,720      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 24,720 335,839 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    360,559
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


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

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

    91-2172555
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    THE HEXBERG FAMILY FOUNDATION
          		Employer identification number
    91-2172555
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    THE HEXBERG CHARITABLE LEAD TRUST
     
    921 EMERALD BAY
     
    LAGUNA BEACH, CA92651

    		$ 1,341,000


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    THE HEXBERG FAMILY FOUNDATION
          		Employer identification number

    91-2172555
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    THE HEXBERG FAMILY FOUNDATION
          		Employer identification number

    91-2172555
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    THE HEXBERG FAMILY FOUNDATION
    EIN:
    91-2172555
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 9,500 9,500   0

    TY 2020 ExplanOfLegisPoliticalActvts
    Name:
    THE HEXBERG FAMILY FOUNDATION
    EIN:
    91-2172555
    Explanation:
    NONE

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE HEXBERG FAMILY FOUNDATION
    EIN:
    91-2172555
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ANNALY CAPITAL MANAGEMENT 180,426 126,750
    APACHE CORP COMMON 46,609 14,190
    BERKSHIRE HATHAWAY 747,783 2,782,520
    BP PLC SPONS ADR 159,737 51,136
    CHEVRON CORPORATION 43,293 42,225
    CLOROX COMPANY 114,260 403,840
    DEVON ENERGY CORP 50,301 15,810
    EXXON MOBIL CORP 39,380 20,610
    FEDEX CORPORATION 143,705 389,430
    GENERAL MOTORS 100,603 124,920
    GENERAL DYNAMICS 114,750 297,640
    HALLIBURTON CO 103,651 62,748
    HARLEY DAVIDSON INC 180,087 183,500
    HESS CORPORATION 58,498 52,790
    LOCKHEED MARTIN CORP 94,814 496,972
    OCCIDENTAL PETE CORP 100,520 25,965
    PEPSICO INC 207,655 519,050
    INVESCO QQQ TR ETP 83,786 407,862
    YUM BRANDS 81,920 434,240
    YUM CHINA HOLDINGS INC 26,847 228,360
    GENERAL ELECTRIC COMPANY 75,728 108,000
    ADIENT PLC 36,185 57,718
    ALLY FINL INC 49,412 62,762
    ATLAS AIR WORLDWIDE HOLDINGS INC 16,760 36,542
    BEAZER HOMES USA INC 29,146 34,542
    GOODYEAR TIRE & RUBR CO 58,510 33,057
    GROUP I AUTOMOTIVE INC 15,400 43,276
    HUNTSMAN CORP 32,334 40,224
    M / I HOMES INC 15,475 28,346
    MERITOR INC 30,462 41,865
    RYERSON HLDG CORP 28,903 43,784
    TAYLOR MORRISON HOME CORP CL A 36,707 46,940
    TRINSEO S A 62,456 58,892
    U S XPRESS ENTERPRISES INC 24,776 23,872
    WHIRLPOOL CORP 15,084 23,464
    CELESTICA INC 32,435 36,719
    DANA INC COM 35,758 50,557
    DESIGNER BRANDS INC 32,514 35,190
    DXC TECHNOLOGY CO COM 62,412 56,908
    FLUOR CORP NEW COM 52,293 52,222
    HOOKER FURNITURE CORP 32,597 49,020
    WABTEC 4,137 3,880
    AAR CORP 2,107 5,433
    ADVANSIX INC 36,512 42,779
    ALASKA AIR GROUP INC 8,350 17,160
    DELL TECHNOLOGIES 17,813 32,981
    FOOT LOCKER INC 20,624 33,970
    GREENBRIER COS INC 17,591 34,197
    HOLLYFRONTIER CORP 31,478 35,932
    MANITOWOC CO INC 29,307 33,674
    PVH CORP 23,849 44,128
    STERLING CONSTR INC 18,180 26,612
    WABASH NATIONAL CORP COM 22,132 31,186
    OCCIDENTAL PETRO 926 1,273

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE HEXBERG FAMILY FOUNDATION
    EIN:
    91-2172555
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CWS SAF X QPF LLC FMV 348,564 587,308
    CWS SAF IX QPF LLC FMV 254,331 500,000
    CWS STRATEGIC APARTMENT FUND LC FMV 35,578 270,793
    CWS SAF III LLC (2.07%) FMV 25,157 223,881
    CWS SAF III LLC (.3658%) FMV 8,679 39,563
    CWS SAF V LLC FMV 56,248 219,191
    CWS WIND UP AVA LLC FMV 4,102 0
    CWS SAF VIII QPF LLC FMV 183,970 689,891
    DFA EMERGING MARKETS COR EQ. FMV 897,210 1,217,051
    DFA US CORE EQUITY II FMV 2,661,268 3,736,818
    DFA US LARGE CAP VALUE FMV 1,591,947 1,656,750
    DFA US SMALL CAP VALUE FMV 511,237 661,100
    DFA GLOBAL REAL ESTATE SEC POR FMV 808,822 806,207
    DFA INTERNATIONAL VECTOR EQUITY FMV 1,708,545 1,957,014
    DFA INVESTMENT GRADE PORTFOLIO FMV 290,947 323,366
    DFA INVT TWO YEAR GLOBAL FIXED FMV 447,781 446,834
    CAPITAL WORLD GROWTH & INCOME FMV 369,652 569,450
    EUROPACIFIC GROWTH FUND FMV 505,107 894,032
    GROWTH FUND AMERICA FMV 875,209 1,767,246
    NEW PERSPECTIVE FUND A FMV 775,560 1,518,421
    NUVEEN GLOBAL HIGH INCOME FUND FMV 99,298 45,733
    SMALLCAP WORLD FUND A FMV 394,286 871,559
    CWS SAF XI QPF, LLC FMV 184,201 250,000
    CWS MARQ BURNET, LP FMV 17,975 18,114
    CWS WIND UP WESTON LLC FMV 6,150 0
    CWS SAF II LLC FMV 0 432,132

    TY 2020 OtherExpensesSchedule
    Name:
    THE HEXBERG FAMILY FOUNDATION
    EIN:
    91-2172555
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISOR FEES 71,350 71,350   0
    BANK FEES 169 169   0
    OFFICE SUPPLIES 316 158   158
    GUIDESTAR SUBSCRIPTION 750 0   750


    TY 2020 OtherIncomeSchedule2
    Name:
    THE HEXBERG FAMILY FOUNDATION
    EIN:
    91-2172555
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PASSIVE INCOME FROM DEBT FINANCED PARTNERSHIPS 24,720   24,720


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE HEXBERG FAMILY FOUNDATION
    EIN:
    91-2172555
    Description Beginning of Year - Book Value End of Year - Book Value
    CWS SAF II LLC - NEGATIVE BASIS 134,488 161,730


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE HEXBERG FAMILY FOUNDATION
    EIN:
    91-2172555
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTANT 24,000 0   24,000


    TY 2020 SubstantialContributorsSch
    Name:
    THE HEXBERG FAMILY FOUNDATION
    EIN:
    91-2172555
    Name Address
    THE HEXBERG CHARITABLE LEAD TRUST
          		921 EMERALD BAY
    LAGUNA BEACH,CA92651


    TY 2020 TaxesSchedule
    Name:
    THE HEXBERG FAMILY FOUNDATION
    EIN:
    91-2172555
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 5,067 5,067   0
    CALIFORNIA STATE TAX 3,110 3,100   10
    REGISTRY OF CHARITABLE TRUSTS 150 0   150