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 WALLIS ANNENBERG LEGACY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1901 AVE OF THE STARS NO 1600
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LOS ANGELES, CA90067
A Employer identification number

45-2964080
B Telephone number (see instructions)

(310) 228-3741
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$145,562,173J 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) 5,000,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 383,563 383,563 383,563
4 Dividends and interest from securities... 1,610,423 1,485,565 1,485,565
5a Gross rents............ 1,477   1,477
b Net rental income or (loss) 1,477
6a Net gain or (loss) from sale of assets not on line 10 -520,652
b Gross sales price for all assets on line 6a 28,772,859
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances 4,242
b Less: Cost of goods sold.... 2,028
c Gross profit or (loss) (attach schedule)..... 2,214 2,214
11 Other income (attach schedule)....... Click to see attachment 54,335 0 54,335
12 Total. Add lines 1 through 11........ 6,531,360 1,869,128 1,927,154
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 2,403,737 0 0 2,384,871
15 Pension plans, employee benefits....... 1,200,109 0 0 1,245,435
16a Legal fees (attach schedule)......... Click to see attachment 203,570 0 0 251,586
b Accounting fees (attach schedule)....... Click to see attachment 18,375 9,188 9,188 9,188
c Other professional fees (attach schedule).... Click to see attachment 1,163,442 666,276 666,276 499,499
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 175,918 0 0 0
19 Depreciation (attach schedule) and depletion... 2,992,974 0 58,026
20 Occupancy.............. 2,694,480 0 0 2,943,702
21 Travel, conferences, and meetings....... 18,103 0 0 18,103
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 918,970 0 0 891,677
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 11,789,678 675,464 733,490 8,244,061
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 11,789,678 675,464 733,490 8,244,061
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,258,318
b Net investment income (if negative, enter -0-) 1,193,664
c Adjusted net income (if negative, enter -0-)... 1,193,664
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............. 2,107,716 1,610,909 1,610,909
2 Savings and temporary cash investments......... 28,674,552 5,397,617 5,397,617
3 Accounts receivable bullet167,946
Less: allowance for doubtful accounts bullet   4,670 167,946 167,946
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable................. 2,000,000 1,000,000 1,000,000
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.............. 9,921 8,997 8,997
9 Prepaid expenses and deferred charges.......... 225,056 251,754 251,754
10a Investments—U.S. and state government obligations (attach schedule) 7,589,315 Click to see attachment9,732,685 9,732,685
b Investments—corporate stock (attach schedule)....... 25,219,333 Click to see attachment35,525,717 35,525,717
c Investments—corporate bonds (attach schedule)....... 4,271,249 Click to see attachment5,879,383 5,879,383
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 49,266,518 Click to see attachment65,987,746 65,987,746
14 Land, buildings, and equipment: basis bullet30,466,190
Less: accumulated depreciation (attach schedule) bullet10,466,771 22,687,697 19,999,419 19,999,419
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 142,056,027 145,562,173 145,562,173
Liabilities 17 Accounts payable and accrued expenses.......... 194,946 380,383
18 Grants payable.................    
19 Deferred revenue................. 261,823  
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 attachment4,265,141 Click to see attachment4,148,295
23 Total liabilities (add lines 17 through 22)......... 4,721,910 4,528,678
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........... 135,334,117 140,033,495
25 Net assets with donor restrictions............ 2,000,000 1,000,000
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 137,334,117 141,033,495
30 Total liabilities and net assets/fund balances (see instructions). 142,056,027 145,562,173
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
137,334,117
2
Enter amount from Part I, line 27a .....................
2
-5,258,318
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
8,957,696
4
Add lines 1, 2, and 3 ..........................
4
141,033,495
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
141,033,495
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P 2019-12-30 2020-12-31
b CAPITAL GAINS DISTRIBUTION P 2019-12-30 2020-12-31
c LOSS ON SALE OF ASSET P 2019-12-30 2020-12-31
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 28,605,563   29,288,476 -682,913
b 167,296     167,296
c     5,035 -5,035
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -682,913
b       167,296
c       -5,035
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -520,652
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 0
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 16,592
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 16,592
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 16,592
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 30,240
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 30,240
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 128
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 13,520
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet13,520 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    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
    Yes
     
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.ANNENBERGPETSPACE.ORG
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (310) 228-3741

    Located atbullet1901 AVENUE OF THE STARSLOS ANGELESCA ZIP+4bullet90067
    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
     
     
    ........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
    WALLIS ANNENBERG DIR/CHAIR/PRES/CEO
    5.00     		0 0 0
    1901 AVE OF THE STARS 1600
    LOS ANGELES,CA90067
    CYNTHIA KENNARD DIRECTOR/TREASURER/CFO
    8.00     		0 0 0
    1901 AVE OF THE STARS 1600
    LOS ANGELES,CA90067
    DAVID ULICH DIRECTOR/SECRETARY
    5.00     		0 0 0
    1901 AVE OF THE STARS 1600
    LOS ANGELES,CA90067
    DAVID BOHNETT DIRECTOR
    1.00     		0 0 0
    1901 AVE OF THE STARS 1600
    LOS ANGELES,CA90067
    ADRIENNE GREEN DIRECTOR
    1.00     		0 0 0
    1901 AVE OF THE STARS 1600
    LOS ANGELES,CA90067
    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
    DONNA FERNANDES DIRECTOR
    40.00     		258,169 0 0
    1901 AVE OF THE STARS 1600
    LOS ANGELES,CA90067
    JANET RAWLINSON SENIOR MANAGER, COMM
    40.00     		170,755 0 0
    1901 AVE OF THE STARS 1600
    LOS ANGELES,CA90067
    MISTY ESPINOZA MARKETING AND COMM.
    40.00     		136,707 0 0
    1901 AVE OF THE STARS 1600
    LOS ANGELES,CA90067
    JASON TOSATTO OPERATIONS AND FACIL
    40.00     		121,342 0 0
    1901 AVE OF THE STARS 1600
    LOS ANGELES,CA90067
    RONDA SHROPSHIRE HUMAN RESOURCES MANA
    40.00     		107,287 0 0
    1901 AVE OF THE STARS 1600
    LOS ANGELES,CA90067
    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
    SHEPPARD MULLIN RICHTER & HAMPTON LLP LEGAL 235,736
    1901 AVENUE OF THE STARS SUITE 1600
    LOS ANGELES,CA90067
    BBI ENGINEERING INC ENGINEERING 180,398
    241 QUINT STREET
    SAN FRANCISCO,CA94124
    STINK DIGITAL USA LLC WEBSITE MAINTENANCE 149,160
    160 VAN BRUNT STREET SUITE 1A
    BROOKLYN,NY11231
    BRILLIANT GENERAL MAINTENANCE INC JANITORIAL 91,943
    2125 E HOWELL AVENUE SUITE B
    ANAHEIM,CA92806
    LINDSEY WENDT VETERINARIAN 91,283
    3673 WEST CHAPMAN LANE
    INGLEWOOD,CA90305
    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 EDUCATION PROGRAMS:WALLIS ANNENBERG PETSPACE OFFERS A VARIETY OF EDUCATIONAL ACTIVITIES AND CLASSES DESIGNED TO FOSTER THE HUMAN-ANIMAL BOND INCLUDING HANDS-ON WORKSHOPS, LECTURES, BEHIND-THE-SCENES TOURS, GROOMING DEMONSTRATIONS, PET ADOPTION EVENTS, SPECIAL NEEDS PROGRAMMING, IN-HOUSE PROGRAMS AND MORE. PETSPACE ALSO FEATURES AN ON-SITE HEALTH CENTER WITH A CLINIC, OPERATING ROOM, A STATE-OF-THE-ART ANIMAL REHABILITATION CENTER WITH A HYDROTHERAPY TREADMILL AND GROOMING STATION.EACH OF THESE SPACES ARE OUTFITTED WITH TWO-WAY VIEWING WINDOWS WHERE VISITORS CAN WATCH AND INTERACT WITH THE PETSPACE STAFF TO GET A DEEPER UNDERSTANDING AND EDUCATION ABOUT PET HEALTHCARE. GUESTS CAN ALSO TAKE BEHIND-THE-SCENES TOURS TO GET A CLOSER LOOK AT OUR TREATMENT ROOMS AND TO SEE THE JOURNEY OUR PETS TAKE FROM THEIR INITIAL INTAKE UNTIL THEY ARE ADOPTED. IN 2020, ANNENBERG PETSPACE HOSTED A VARIETY OF PUBLIC EDUCATIONAL PROGRAMS THAT HAVE BEEN ATTENDED IN PERSON BY OVER 1,700 GUESTS. 3,337,494
    2 A LEADERSHIP INSTITUTE: THE MISSION OF THE WALLIS ANNENBERG PETSPACE LEADERSHIP INSTITUTE IS TO PROMOTE MULTI-DISCIPLINARY SCHOLARSHIP, CONVENE GATHERINGS TO DISCUSS PUBLIC POLICY SURROUNDING DOMESTIC ANIMALS, PARTICIPATE IN HIGH-LEVEL ACADEMIC RESEARCH PARTNERSHIPS, DEVELOP CURRICULA THAT SUPPORT EDUCATION RELATING TO THE HUMAN-ANIMAL BOND, AND SERVE AS A PLATFORM FOR THE DISSEMINATION OF THE OUTCOME FROM THESE ACTIVITIES. THE LEADERSHIP INSTITUTE IS DRIVEN BY TWO PRINCIPLES: OUR COMMITMENT TO WORKING WITH PARTNERS THAT HAVE PROVEN EXPERIENCE AND EXPERTISE IN THE BOND BETWEEN PEOPLE AND THEIR PETS, AS WELL AS THE ORIGINS AND SCIENCE OF THAT RELATIONSHIP. THE WALLIS ANNENBERG PETSPACE LEADERSHIP INSTITUTE IS DEDICATED TO USING ANNENBERG PETSPACE AS A CATALYST TO SPUR ACTION, NOT JUST IN ACADEMIA, BUT IN OUR SOCIETY AS A WHOLE. IN 2020, ANNENBERG PETSPACE CONVENED 16 FELLOWS FROM AROUND THE WORLD TO COLLABORATE ON A SERIES OF ACADEMIC ARTICLES FOCUSED ON OUR CANINE CONNECTION. 476,785
    3 ANIMAL ADOPTIONS: PETSPACE IS WORKING CLOSELY AS A CIVIC PARTNER TO HELP ADDRESS THE OVERCROWDING CRISIS AT LOCAL LOS ANGELES SHELTERS. TO HELP ALLEVIATE SHELTER OVERCROWDING, PETSPACE HAS PARTNERED WITH THE LOS ANGELES COUNTY DEPARTMENT OF ANIMAL CARE AND CONTROL TO INTAKE ANIMALS FROM LA COUNTY SHELTERS AND MAKE THEM AVAILABLE FOR ADOPTION ON-SITE AT PETSPACE. EACH PET THAT COMES TO PETSPACE IS GIVEN A THOROUGH MEDICAL EVALUATION, BEHAVIOR ASSESSMENT AND GROOMING. ONCE IN OUR CARE, PETS ARE GIVEN ROUND THE CLOCK CARE FROM A FULL-TIME ANIMAL CARE TEAM. PETSPACE UTILIZES AN OPEN ADOPTION PROCESS WHICH MEANS THERE ARE NO HOME VISITS OR WAITING PERIODS REQUIRED TO PROCESS AN ADOPTION AND ALL ADOPTION FEES ARE A FLAT $80 REGARDLESS OF SPECIES, BREED OR AGE. IN 2020, WE ADOPTED OUT 317 PETS TO LOVING HOMES. 4,767,849
    4 INTERACTIVE SPACES: PETSPACE OFFERS A FUN, EDUCATIONAL AND WELCOMING ENVIRONMENT COMPLETE WITH INTERACTIVE SCULPTURES OF A GIANT DOG AND CAT, A DIGITAL TOUCHSCREEN WALL, A TWO-STORY SLIDE AND EVEN A HUMAN-POWERED HAMSTER WHEEL THAT GUESTS CAN TAKE FOR A SPIN. IN ADDITION, THE FIRST FLOOR FEATURES OUR "WAG GALLERY" TOUCHSCREENS WITH CONTENT BASED ON THE HUMAN-ANIMAL BOND.THE SPACE IS EQUIPPED WITH STATE-OF-THE-ART PET ADOPTION SUITES THAT ARE DESIGNED TO MIMIC A RESIDENTIAL SETTING INCLUDING STATE-OF-THE-ART PETBOOKS, A DIGITAL TOUCHSCREEN THAT HAS DETAILED DESCRIPTIONS ABOUT EACH ADOPTABLE ANIMAL'S UNIQUE PERSONALITY, TRAITS, HEALTH NEEDS, AND CHARACTERISTICS. ALSO FEATURED ARE A SMALL MAMMAL EDUCATIONAL AREA AND INDOOR AND OUTDOOR PLAY AREAS FOR GUESTS TO ENGAGE WITH OUR ADOPTABLE PETS. PETSPACE WAS DESIGNED TO MAKE THE EDUCATIONAL EXPERIENCE INTERACTIVE AND FUN! 953,570
    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
    104,610,420
    b
    Average of monthly cash balances.......................
    1b
    8,575,044
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    113,185,464
    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
    113,185,464
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,697,782
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    111,487,682
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    5,574,384
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    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
     
    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
    8,244,061
    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
    301,202
    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
    8,545,263
    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
    8,545,263
    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  
    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......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$  
    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)........     		 
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    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 ..........     		 
    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 ......     		 
    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
    2013-01-13
    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
    1,193,664 1,574,160 864,996 18,031 3,650,851
    b 85% of line 2a ......... 1,014,614 1,338,036 735,247 15,326 3,103,223
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		8,545,263 10,014,212 8,150,328 25,831,779 52,541,582
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		8,545,263 10,014,212 8,150,328 25,831,779 52,541,582
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		3,716,256 2,506,470 1,065,670 77,717 7,366,113
    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) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    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
    Total .................................bullet 3a 0
    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
    aPROGRAM RELATED INCOME         54,335
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 383,563  
    4 Dividends and interest from securities....     14 1,610,423  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     03 1,477  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    14 -515,617 -5,035
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory     03 2,214  
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,482,060 49,300
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,531,360
    (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.)
    10 INVENTORY SALES IS INCOME MERCHANDISE SALES THROUGH PETSPACE.
    1 PROGRAM RELATED INCOME INCLUDES ADOPTION FEES RECEIVED FROM CUSTOMERS AT PETSPACE.
    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 WALLIS ANNENBERG LEGACY FOUNDATION
     
    Employer identification number

    45-2964080
    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 WALLIS ANNENBERG LEGACY FOUNDATION
          		Employer identification number
    45-2964080
    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 ANNENBERG FOUNDATION
     
    2000 AVENUE OF THE STARS SUITE 1000
     
    LOS ANGELES, CA90067

    		$ 5,000,000


    (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 WALLIS ANNENBERG LEGACY FOUNDATION
          		Employer identification number

    45-2964080
    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 WALLIS ANNENBERG LEGACY FOUNDATION
          		Employer identification number

    45-2964080
    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 WALLIS ANNENBERG LEGACY FOUNDATION
    EIN:
    45-2964080
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 18,375 9,188 9,188 9,188

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE WALLIS ANNENBERG LEGACY FOUNDATION
    EIN:
    45-2964080
    Name of Bond End of Year Book Value End of Year Fair Market Value
    SHELL INTERNATIONAL FIN (428000SHS) 473,214 473,214
    VERIZON COMMUNICATIONS (393000SHS) 467,954 467,954
    CITIGROUP INC (406000SHS) 472,804 472,804
    CVS HEALTH CORP (397000SHS) 476,966 476,966
    WELLS FARGO & COMPANY (415000SHS) 472,051 472,051
    MORGAN STANLEY (272000SHS) 314,856 314,856
    COMCAST CORP (388000SHS) 470,462 470,462
    JP MORGAN CHASE AND CO 9507000SHS) 620,221 620,221
    GOLDMAN SACHS GROUP INC (664000SHS) 788,733 788,733
    GENERAL ELECTRIC CAP CORP (263000SH) 363,623 363,623
    ENTERPRISE PRODUCTS OPER (244000SHS) 340,244 340,244
    MICROSOFT CORP (482000SHS) 618,255 618,255

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE WALLIS ANNENBERG LEGACY FOUNDATION
    EIN:
    45-2964080
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ADOBE INC (294.000SHS) 147,035 147,035
    ADVANCE AUTO PARTS INC (408.000SHS) 64,264 64,264
    AKAMAI TECHNOLOGIES INC (705.000SHS) 74,018 74,018
    ALCON SA ACT NOM (759.000SHS) 50,079 50,079
    ALEXION PHARMS INC (558.000SHS) 87,182 87,182
    ALIBABA GROUP HOLDING LT (277.000SHS) 64,466 64,466
    AMAZON COM INC COM (140.000SHS) 455,970 455,970
    AMGEN INC COM (456.000SHS) 104,844 104,844
    ANHEUSER-BUSCH INBEV ADR (785.000SHS) 54,879 54,879
    APPLE INC (2161.000SHS) 286,743 286,743
    APTIV PLC SHS (479.000SHS) 62,409 62,409
    ASML HLDG NV NY REG SHS (110.000SHS) 53,649 53,649
    ATLASSIAN CORP PLC (137.000SHS) 32,040 32,040
    BIOMARIN PHARMACEUTICALS (518.000SHS) 45,423 45,423
    COMCAST CORP NEW CL A (1657.000SHS) 86,827 86,827
    COSTCO WHOLESALE CRP DEL (191.000SHS) 71,965 71,965
    DISNEY (WALT) CO COM STK (598.000SHS) 108,346 108,346
    ECOLAB INC (320.000SHS0 69,235 69,235
    EQUINIX INC (100.000SHS) 71,418 71,418
    FACEBOOK INC (1041.000SHS0 284,360 284,360
    FIDELITY NATL INFO SVCS INC (581.000SHS) 82,188 82,188
    HOME DEPOT INC (335.000SHS) 88,983 88,983
    IHS MARKIT LTD SHS (1053.000SHS) 94,591 94,591
    MICROSOFT CORP (1172.000SHS) 260,676 260,676
    MONSTER BEVERAGE SHS (802.000SHS) 74,169 74,169
    NUTANIX INC (2234.000SHS) 71,198 71,198
    NVIDIA (249.000SHS) 130,028 130,028
    NXP SEMICONDUCTORS N.V. (403.000SHS) 64,081 64,081
    PALO ALTO NETWORKS INC 108,394 108,394
    QUALCOMM INC 138,629 138,629
    RAYTHEON TECHNOLOGIES (1030.000SHS) 73,655 73,655
    SALESFORCE COM INC 139,081 139,081
    SPLUNK INC 97,347 97,347
    TEXAS INSTRUMENTS 77,962 77,962
    THERMO FISHER SCIENTIFIC INC 128,555 128,555
    UBER TECHNOLOGIES INC 108,375 108,375
    ULTA BEAUTY INC (299.000SHS) 85,861 85,861
    UNITED PARCEL SVC CL B 124,111 124,111
    UNITEDHEALTH GROUP INC 172,535 172,535
    VISA INC CL A SHRS 234,479 234,479
    VMWARE INC (218.000SHS) 65,501 65,501
    W W GRAINGER INCORP (166.000SHS) 89,018 89,018
    WORKDAY INC CL A (119.000SHS) 28,514 28,514
    ZOETIS INC (766.000SHS) 126,773 126,773
    ALIBABA GROUP HOLDING LT (1040.000SHS) 235,988 235,988
    ALPHABET INC SHS CL A (85.000SHS) 148,974 148,974
    ALPHABET INC SHS CL C (85.000SHS) 148,910 148,910
    AMAZON COM INC COM (110.000SHS) 358,262 358,262
    AUTODESK INC DEL PV (704.000SHS) 266,562 266,562
    AUTOMATIC DATA PROC (198.000SHS) 34,888 34,888
    BOEING COMPANY (1000.000SHS) 214,060 214,060
    CERNER CORP COM (1027.000SHS) 80,599 80,599
    CISCO SYSTEMS INC (1851.000SHS) 82,832 82,832
    COLGATE PALMOLIVE (875.000SHS) 74,821 74,821
    DEERE CO (705.000SHS) 189,680 189,680
    DISNEY (WALT) CO COM STK (1005.000SHS) 182,086 182,086
    EXPEDITORS INTL WASH INC (1220.000SHS) 116,034 116,034
    FACEBOOK INC (1038.000SHS) 283,540 283,540
    FACTSET RESH SYS INC (223.000SHS) 74,148 74,148
    ILLUMINA INC COM (391.000SHS) 107,670 107,670
    INTUITIVE SURGICAL INC (80.000SHS) 65,448 65,448
    MICROSOFT CORP (926.000SHS) 205,961 205,961
    MONSTER BEVERAGE SHS (1938.000SHS) 179,226 179,226
    NOVARTIS ADR (1759.000SHS) 166,102 166,102
    NOVO NORDISK A S ADR (649.000SHS) 45,333 45,333
    NVIDIA (448.000SHS) 233,946 233,946
    ORACLE CORP $0.01 DEL (3997.000SHS) 193,876 193,876
    QUALCOMM INC (923.000SHS) 140,610 140,610
    REGENERON PHARMACTCLS (265.000SHS) 128,024 128,024
    ROCHE HLDG LTD SPN ADR (265.000SHS) 127,268 127,268
    SALESFORCE COM INC (854.000SHS) 190,041 190,041
    SCHLUMBERGER LTD (2556.000SHS) 55,797 55,797
    SEI INVT CO PA PV $0.01 (1249.000SHS) 71,780 71,780
    STARBUCKS CORP (1221.000SHS) 130,623 130,623
    VISA INC CL A SHRS (1327.000SHS) 290,255 290,255
    WORKDAY INC CL A (298.000SHS) 71,404 71,404
    YUM BRANDS INC (592.000SHS) 64,267 64,267
    YUM CHINA HOLDINGS INC (792.000SHS) 45,215 45,215
    ABBVIE INC SHS (417.000SHS) 44,682 44,682
    AERCAP HOLDINGS N.V. SHS (348.000SHS) 15,862 15,862
    AFLAC INC COM (842.000SHS) 37,444 37,444
    ALLISON TRANSMISSION HLD (469.000SHS) 20,228 20,228
    ALPHABET INC SHS CL A (830.000SHS) 145,469 145,469
    AMERICAN INTERNATIONAL (1992.000SHS) 75,417 75,417
    AMERISOURCEBERGEN CORP (614.000SHS) 60,025 60,025
    AMGEN INC COM (125.000SHS) 28,740 28,740
    ANTHEM INC (342.000SHS) 109,813 109,813
    APPLIED MATERIAL INC (954.000SHS) 82,330 82,330
    AUTOZONE INC NEVADA COM (94.000SHS) 111,431 111,431
    AVANTOR INC (1590.000SHS) 44,759 44,759
    BERKSHIRE HATHAWAYINC (881.000SHS) 204,277 204,277
    BEST BUY CO INC (549.000SHS) 54,785 54,785
    BOEING COMPANY (319.000SHS) 68,285 68,285
    CANADIAN NATURAL RES LTD (1307.000SHS) 31,433 31,433
    CATERPILLAR INC DEL (428.000SHS) 77,905 77,905
    CENTERPOINT ENERGY INC (1851.000SHS) 40,056 40,056
    CHUBB LTD (760.000SHS) 116,979 116,979
    CIGNA CORP REG SHS (666.000SHS) 138,648 138,648
    CISCO SYSTEMS INC COM (2960.000SHS) 132,460 132,460
    CITIGROUP INC COM NEW (1464.000SHS) 90,270 90,270
    COCA-COLA EUROPEAN (1192.000SHS) 59,397 59,397
    CONOCOPHILLIPS (2431.000SHS) 97,216 97,216
    CRH PLC ADR (826.000SHS) 35,171 35,171
    CUMMINS INC (180.000SHS) 40,878 40,878
    CVS HEALTH CORP (593.000SHS) 40,502 40,502
    DEERE CO (388.000SHS) 104,391 104,391
    DOVER CORP (338.000SHS) 42,673 42,673
    DUPONT DE NEMOURS INC (1374.000SHS) 97,705 97,705
    EATON CORP PLC (688.000SHS) 82,656 82,656
    EDISON INTL CALIF (925.000SHS) 58,109 58,109
    EVEREST RE GROUP LTD (240.000SHS) 56,182 56,182
    FIFTH THITD BANCORP (1326.000SHS) 36,558 36,558
    FMC CORP COM NEW (303.000SHS) 34,824 34,824
    GENL DYNAMICS CORP COM (190.000SHS) 28,276 28,276
    GLAXOSMITHKLINE PLC ADR (1043.000SHS) 38,382 38,382
    GOLDMAN SACHS GROUP INC (211.000SHS) 55,643 55,643
    HARLEY DAVIDSON INC WIS (1372.000SHS) 50,352 50,352
    HOWMET AEROSPACE INC (1628.000SHS) 46,463 46,463
    HUNTINGTON INGALLS INDS (119.000SHS) 20,287 20,287
    HUNTNGTN BANCSHS INC MD (4312.000SHS) 54,461 54,461
    JOHNSON AND JOHNSON COM (1227.000SHS) 193,105 193,105
    JPMORGAN CHASE & CO (1471.000SHS) 186,920 186,920
    KINROSS GOLD CORP (2527.000SHS) 18,548 18,548
    KLA CORP (215.000SHS) 55,666 55,666
    KROGER CO (1769.000SHS) 56,183 56,183
    LAM RESEARCH CORP (223.000SHS) 105,316 105,316
    LAS VEGAS SANDS CORP 44,998 44,998
    LEAR CORP SHS (147.000SHS) 23,377 23,377
    LENNAR CORP 44,518 44,518
    LKQ CORP (1136.000SHS) 40,033 40,033
    LOWE'S COMPANIES INC (222.000SHS) 35,633 35,633
    MARATHON PETROLEUM CORP (1752.000SHS) 72,463 72,463
    MARSH & MCLENNAN COS INC (213.000SHS) 24,921 24,921
    MCKESSON CORPORATION COM (406.000SHS) 70,612 70,612
    MEDTRONIC PLC SHS (791.000SHS) 92,658 92,658
    MICRON TECHNOLOGY INC (1151.000SHS) 86,532 86,532
    MOHAWK INDUSTRIES INC (433.000SHS) 61,031 61,031
    NEWMONT CORPORATION (546.000SHS) 32,700 32,700
    NORTHROP GRUMMAN CORP (109.000SHS) 33,214 33,214
    NOVARTIS ADR (1010.000SHS) 95,374 95,374
    NXP SEMICONDUCTORS N.V. (479.000SHS) 76,167 76,167
    ON SEMICONDUCTOR CRP COM (782.000SHS) 25,595 25,595
    ORACLE CORP $0.01 DEL (1023.000SHS) 66,178 66,178
    OTIS WORLDWIDE CORP REG (441.000SHS) 29,790 29,790
    OWENS CORNING INC (801.000SHS) 60,684 60,684
    PARSLEY ENERGY INC SHS (3116.000SHS) 44,247 44,247
    PETRLEO BRAS VTG SPD ADR (3048.000SHS) 34,229 34,229
    PFIZER INC (2208.000SHS) 81,276 81,276
    PPG INDUSTRIES INC SHS (192.000SHS) 27,690 27,690
    PROGRESSIVE CRP OHIO (882.000SHS) 87,212 87,212
    QORVO INC SHS (258.000SHS) 42,898 42,898
    RENAISSANCERE HLDGS LTD (138.000SHS) 22,883 22,883
    ROBERTHALF INTL INC COM (287.000SHS) 17,932 17,932
    SCHLUMBERGER LTD (1410.000SHS) 30,780 30,780
    SCHWAB CHARLES CORP NEW (1161.000SHS) 61,579 61,579
    SS AND C TECHNOLOGIES (694.000SHS) 50,489 50,489
    STEEL DYNAMICS INC COM (1054.000SHS) 38,861 38,861
    T-MOBILE US INC SHS (621.000SHS) 83,742 83,742
    TAPESTRY INC (1851.000SHS) 57,529 57,529
    TJX COS INC NEW (643.000SHS) 43,910 43,910
    TRUIST FINL CORP (2669.000SHS) 127,925 127,925
    UNION PACIFIC CORP (207.000SHS) 43,102 43,102
    UNITED RENTALS INC COM (187.000SHS) 43,367 43,367
    UNITEDHEALTH GROUP INC (223.000SHS) 78,201 78,201
    VIATRIS INC (1274.000SHS) 23,874 23,874
    VISTRA CORP (2502.000SHS) 49,189 49,189
    WESTROCK CO SHS (597.000SHS) 25,987 25,987
    WILLIAMS SONOMA INC 23,118 23,118
    WYNDHAM DESTINATIONS INC 29,542 29,542
    YAMANA GOLD INC 34,951 34,951
    ACCENTURE PLC SHS (655.000SHS) 171,093 171,093
    AMER EXPRESS COMPANY (769.000SHS) 92,980 92,980
    AON PLC (796.000SHS) 168,171 168,171
    BLACKROCK INC (111.000SHS) 80,091 80,091
    BOSTON SCIENTIFIC CORP (2168.000SHS) 77,940 77,940
    CHUBB LTD (1185.000SHS) 182,395 182,395
    CIGNA CORP REG SHS (949.000SHS) 197,563 197,563
    CITIGROUP INC COM NEW (3364.000SHS) 207,424 207,424
    COMCAST CORP NEW CL A (4653.000SHS) 243,817 243,817
    CONOCOPHILLIPS (1394.000SHS) 55,746 55,746
    DANAHER CORP DEL COM (379.000SHS) 84,191 84,191
    DIAGEO PLC SPSD ADR NEW (441.000SHS) 70,035 70,035
    DOMINION ENERGY INC (742.000SHS) 55,798 55,798
    DUKE ENERGY CORP NEW (1677.000SHS) 153,546 153,546
    EATON CORP PLC (1178.000SHS) 141,525 141,525
    FIDELITY NATL INFO SVCS INC (698.000SHS) 98,739 98,739
    FISERV INC WISC PV 1CT (961.000SHS) 109,419 109,419
    GOLDMAN SACHS GROUP INC (451.00SHS) 118,933 118,933
    HONEYWELL INTL INC DEL (1047.000SHS) 222,697 222,697
    ILLINOIS TOOL WORKS INC 9697.000SHS) 142,104 142,104
    INTEL CORP (1593.000SHS) 79,363 79,363
    JOHNSON AND JOHNSON COM (1678.000SHS) 264,094 264,094
    JPMORGAN CHASE & CO (1899.000SHS) 241,306 241,306
    KIMBERLY CLARK (748.000SHS) 100,852 100,852
    LOCKHEED MARTIN CORP (220.000SHS) 78,095 78,095
    LOWE'S COMPANIES INC (539.000SHS) 86,514 86,514
    MARSH & MCLENNAN COS INC (862.000SHS) 100,854 100,854
    MCKESSON CORPORATION COM (493.000SHS) 85,742 85,742
    MEDTRONIC PLC SHS (1628.000SHS) 190,703 190,703
    MERCK AND CO INC SHS (1619.000SHS) 132,434 132,434
    NASDAQ OMX GRP INC (815.000SHS) 108,183 108,183
    NESTLE S A REP RG SH ADR (1498.000SHS) 176,464 176,464
    NORTHROP GRUMMAN CORP (435.000SHS) 132,553 132,553
    NXP SEMICONDUCTORS N.V. (492.000SHS) 78,232 78,232
    PEPSICO INC (479.000SHS) 71,036 71,036
    PIONEER NATURAL RES CO (269.000SHS) 30,636 30,636
    PNC FINCL SERVICES GROUP (707.000SHS) 105,343 105,343
    PPG INDUSTRIES INC SHS (980.000SHS) 141,335 141,335
    ROCHE HLDG LTD SPN ADR (2127.000SHS) 93,247 93,247
    SOUTHERN COMPANY (3056.000SHS) 187,730 187,730
    STANLEY BLACK & DECKER (670.000SHS) 119,635 119,635
    TEXAS INSTRUMENTS (988.000SHS) 162,160 162,160
    THERMO FISHER SCIENTIFIC INC (276.000SHS) 128,555 128,555
    TRANE TECHNOLOGIES PLC (789.000SHS) 114,531 114,531
    TRAVELERS COS INC (541.000SHS) 75,940 75,940
    UNION PACIFIC CORP (699.000SHS) 145,545 145,545
    US BANCORP (1944.000SHS) 90,571 90,571
    A N S Y S INC COM (341.000SHS) 124,056 124,056
    AKAMAI TECHNOLOGIES INC (790.000SHS) 82,942 82,942
    ALBANY INTL CRP NEW CL A (1052.000SHS) 77,238 77,238
    ALTRA INDUSTRIAL (2232.000SHS) 123,720 123,720
    ARCHROCK INC (10230.000SHS) 88,592 88,592
    BIO RAD LABS CL A (290.000SHS) 169,053 169,053
    BRYN MAWR BK (2264.000SHS) 69,267 69,267
    CABOT CORP (1519.000SHS) 68,173 68,173
    CIRRUS LOGIC INC DEL (810.000SHS) 66,582 66,582
    CMC MATERIALS INC (687.000SHS) 103,943 103,943
    COHERENT INC CAL (418.000SHS) 62,708 62,708
    DARLING INGREDIENTS INC (3715.000SHS) 214,281 214,281
    DIODES INC COM (1661.000SHS) 117,101 117,101
    EASTGROUP PROPERTIES INC (822.000SHS) 113,485 113,485
    ENERSYS (1167.000SHS) 96,931 96,931
    ENTEGRIS INC MINNESOTA (2377.000SHS) 228,430 228,430
    FB FINL CORP (2363.000SHS) 82,032 82,032
    FIRSTCASH INC INC SHS (1415SHS) 99,107 99,107
    FORMFACTOR INC (2429.000SHS) 104,496 104,496
    FRANKLIN EL CO (1666.000SHS) 115,304 115,304
    HACKETT GROUP INC/THE (3923.000SHS) 56,452 56,452
    HEARTLAND FINANCIAL USA (1549.000SHS) 62,533 62,533
    HEXCEL CORP NEW COM (1606.000SHS) 77,875 77,875
    HORACE MANN EDUCTRS NEW (1629.000SHS) 68,483 68,483
    JACK IN THE BOX INC (1574.000SHS) 146,067 146,067
    LITTELFUSE INC DEL (433.000SHS) 110,268 110,268
    MEDICAL PPTYS TR INC (1866.000SHS) 40,660 40,660
    MERITAGE HOMES CORP (1066.000SHS) 88,286 88,286
    MONOLITHIC PWR SYSTEMS INC (449.000SHS) 164,437 164,437
    MOOG INC CL A (854.000SHS) 67,722 67,722
    MYRIAD GENETICS INC (3123.000SHS) 61,757 61,757
    ORASURE TECHS INC COM (8695.000SHS) 92,037 92,037
    PEBBLEBROOK HOTEL TRUST (4145.000SHS) 77,926 77,926
    PENN NATL GAMING CORP (2455.000SHS) 212,038 212,038
    RAYMOND JAMES FINL INC (1105.000SHS) 105,715 105,715
    SANMINA CORP (3073.000SHS) 97,998 97,998
    STATE AUTO FINL CORP (1579.000SHS) 28,011 28,011
    STEELCASE INC 'A' (5486.000SHS) 74,335 74,335
    TECHTARGET INC (3053.000SHS) 180,463 180,463
    TELEDYNE TECH INC (362.000SHS) 141,897 141,897
    TRUSTMARK CORP (1594.000SHS) 43,532 43,532
    TTM TECHNOLOGIES INC COM (5318.000SHS) 73,362 73,362
    UNITED FIRE GROUP INC (1008.000SHS) 25,301 25,301
    WELBILT INC (7240.000SHS) 95,568 95,568
    WESBANCO INC (2053.000SHS) 61,508 61,508
    WOLVERINE WORLD WIDE (3437.000SHS) 107,406 107,406
    ADIDAS AG SPONSORED ADR (776.000SHS) 142,000 142,000
    AIA GROUP LTD (3161.000SHS) 155,300 155,300
    AIR LIQUIDE (1906.000SHS) 62,688 62,688
    AKZO NOBEL N V (4819.000SHS) 173,773 173,773
    AMADEUS IT GROUP SA (1710.000SHS) 128,489 128,489
    BAYER AG (7971.000SHS) 118,290 118,290
    BNP PARIBAS SPONSORD ADR (6327.000SHS) 168,361 168,361
    BP PLC SPON ADR (5074.000SHS) 104,118 104,118
    BRAMBLES LTD SHS ADR (7324.000SHS) 120,407 120,407
    BRITISH AMN TOBACO SPADR (2031.000SHS) 76,142 76,142
    CLP HOLDINGS LTD SP ADR (11039.000SHS) 101,459 101,459
    DAIKIN INDUSTRIES LTD (8907.000SHS) 198,893 198,893
    DANONE-SPONS (8429.000SHS) 110,420 110,420
    DIAGEO PLC SPSD ADR NEW (720.000SHS) 114,344 114,344
    ENI S P A SPONSORED ADR (3635.000SHS) 74,881 74,881
    GEA GROUP AG ADR (3160.000SHS) 112,938 112,938
    HDFC BANK LTD ADR (2376.000SHS) 171,690 171,690
    HITACHI LTD 10 NEW ADR (1869.000SHS) 148,399 148,399
    INTESA SANPAOLO SPON ADR (8357.000SHS) 118,252 118,252
    KBC GROUPE SA SHS (2721.000SHS) 94,936 94,936
    KDDI CORP SHS (8399.000SHS) 124,641 124,641
    KONINKL PHIL NV SH NEW (2877.000SHS) 155,847 155,847
    KUBOTA CORP (1936.000SHS) 213,618 213,618
    LVMH MOET HENNESSY ADR 176,742 176,742
    MITSUBISHI UFJ FINL GRP (22596.000SHS) 100,100 100,100
    NESTLE S A REP RG SH ADR (1751.000SHS) 206,268 206,268
    NETEASE.COM INC ADR (945.000SHS) 90,503 90,503
    NINTENDO LTD ADR (607.000SHS) 48,876 48,876
    NOVO NORDISK A S ADR (3034.000SHS) 211,925 211,925
    PROSUS N V (3378.000SHS) 73,269 73,269
    RECKITT BENCKISER GROUP (4766.000SHS) 86,360 86,360
    ROCHE HLDG LTD SPN ADR (5478.000SHS) 240,156 240,156
    RYANAIR HOLDINGS PLC SHS (463.000SHS) 50,921 50,921
    SCHNEIDER ELEC SE ADR (7971.000SHS) 230,760 230,760
    SEVEN AND I HOLDINGS CO (2736.000SHS) 48,591 48,591
    SILICON MOTION TECH ADR (603.000SHS) 29,034 29,034
    SOFTBANK GROUP CORP (4785.000SHS) 184,988 184,988
    SYMRISE AG ADR (4804.000SHS) 159,805 159,805
    TAIWAN S MANUFCTRING ADR (2370.000SHS) 258,425 258,425
    TC ENERGY CORP (2011.000SHS) 81,888 81,888
    TECHTRONIC INDS SPD ADR (2977.000SHS) 212,439 212,439
    TENCENT HOLDINGS LTD ADR (1520.000SHS) 109,273 109,273
    TOKIO MARINE (1149.000SHS) 60,598 60,598
    UBS GROUP AG NAMEN-AKT (12421.000SHS) 175,509 175,509
    YUM CHINA HOLDINGS INC (2284.000SHS) 130,394 130,394
    ZURICH INSURANCE GROUP (4181.000SHS) 176,522 176,522
    ADECCO GROUP AG (2241.000SHS) 74,558 74,558
    AIA GROUP LTD (1872.000SHS) 80,328 80,328
    AIR LIQUIDE ADR (1872.000SHS) 61,570 61,570
    AIRBUS SE (2429.000SHS) 66,360 66,360
    ALIBABA GROUP HOLDING LT (370.000SHS) 86,110 86,110
    AMADEUS IT GROUP SA (443.000SHS) 33,287 33,287
    ANGLO AMERICAN PLC SHS (6300.000SHS) 105,840 105,840
    ASML HLDG NV NY REG SHS (137.000SHS) 66,818 66,818
    BAE SYS PLC SPN ADR (1937.000SHS) 52,590 52,590
    BRAMBLES LTD SHS ADR 62,932 62,932
    CAPGEMINI SE SHS ADR (2250.000SHS) 69,368 69,368
    CARLSBERG AS SPONSOREDAD (2297.000SHS) 73,802 73,802
    COMPAGNIE DE SAINT-UNSP (8265.000SHS) 75,542 75,542
    DANONE-SPONS (4473.000SHS) 58,596 58,596
    DBS GROUP HLDGS SPN ADR (1002.000SHS) 76,202 76,202
    DEUTSCHE BOERSE AG SHS (3881.000SHS) 65,589 65,589
    DEUTSCHE POST AG SHS (1989.000SHS) 99,132 99,132
    DNB ASA SP ADR (3866.000SHS) 75,812 75,812
    ENEL SOCIETA PER AZIONI (7004.000SHS) 71,091 71,091
    FANUC LTD-UNSP (2606.000SHS) 64,342 64,342
    HITACHI LTD 10 NEW ADR (872.000SHS) 69,237 69,237
    INDUSTRIA DE DISENO (6235.000SHS) 100,009 100,009
    JULIUS BAER GROUP (5707.000SHS) 65,973 65,973
    KBC GROUPE SA SHS (1770.000SHS) 61,755 61,755
    KOMATSU NEW NEW SPNSDADR (2533.000SHS) 70,120 70,120
    KONINKL PHIL NV SH NEW (1201.000SHS) 65,058 65,058
    KONINKLIJKE AHOLD (1984.000SHS) 55,998 55,998
    MERCK KGAA- ADR (2709.000SHS) 93,108 93,108
    MURATA MANUFACTURING CO 2956.000SHS) 66,968 66,968
    NORDEA BANK ABP SHS ADR (7688.000SHS) 62,733 62,733
    PERNOD-RICARD SA-UNSPON (2651.000SHS) 101,666 101,666
    PROSUS N V (4317.000SHS) 93,636 93,636
    RECKITT BENCKISER GROUP (3230.000SHS) 58,528 58,528
    ROCHE HLDG LTD SPN ADR (1346.000SHS) 59,009 59,009
    RWE AG SPONSORED ADR (1562.000SHS) 66,291 66,291
    SANDS CHINA LTD UNSP ADR (2251.000SHS) 98,211 98,211
    SANOFI ADR (1275.000SHS) 61,952 61,952
    SAP SE SHS (569.000SHS) 74,192 74,192
    SIEMENS AG ADR (1439.000SHS) 103,306 103,306
    SMITH-NPHW PLC SPADR NEW (1315.000SHS) 55,454 55,454
    TAIWAN S MANUFCTRING ADR (674.000SHS) 73,493 73,493
    TEMENOS AG (509.000SHS) 72,085 72,085
    UCB UNSPOND ADR (1079.000SHS) 58,007 58,007
    YUM CHINA HOLDINGS INC (1085.000SHS) 61,943 61,943
    ZURICH INSURANCE GROUP (1580.000SHS) 66,707 66,707

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    THE WALLIS ANNENBERG LEGACY FOUNDATION
    EIN:
    45-2964080
    US Government Securities - End of Year Book Value:

    9,732,685
    US Government Securities - End of Year Fair Market Value:

    9,732,685
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE WALLIS ANNENBERG LEGACY FOUNDATION
    EIN:
    45-2964080
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    WESTERN ASSET SMASH SERIES EC FUND (731,337.3560SHS) FMV 6,896,511 6,896,511
    WESTERN ASSET SMASH SERIES C FUND (368358.250SHS) FMV 3,613,594 3,613,594
    WESTERN ASSET SMASH SERIES M FUND (436430.725SHS) FMV 4,940,397 4,940,397
    AMERICAN NEW WORLD FUND FMV 2,091,451 2,091,451
    DELAWARE EMERGING FMV 3,006,727 3,006,727
    ISHARES CORE U.S. FMV 9,723,964 9,723,964
    ISHARES MSCI EAFE FMV 5,080,278 5,080,278
    ISHARES RUSSELL 1000 IWD FMV 7,257,492 7,257,492
    ISHARES RUSSELL 1000 IWF FMV 7,897,093 7,897,093
    VAN ECK EMERGING MARKETS FMV 2,714,788 2,714,788
    AQR DELPHI LS EQUITY (1,652,040.1600SHS) FMV 1,652,040 1,652,040
    CQS DIRECTIONAL (1,406,008.6800SHS) FMV 1,406,009 1,406,009
    AG MORTGAGE VALUE (1,149,484.869SHS) FMV 1,967,228 1,967,228
    BLACKSTONE REAL ESTATE (202,122.941SHS) FMV 2,312,771 2,312,771
    HAW K. RIDGE (2,297,284.698SHS) FMV 2,297,285 2,297,285
    QIM GLOBAL (1,594,302.841SHS) FMV 1,611,361 1,611,361
    TREND MACRO (1,518,757.4161SHS) FMV 1,518,757 1,518,757

    TY 2020 LegalFeesSchedule
    Name:
    THE WALLIS ANNENBERG LEGACY FOUNDATION
    EIN:
    45-2964080
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL EXPENSE 203,570 0 0 251,586


    TY 2020 OtherExpensesSchedule
    Name:
    THE WALLIS ANNENBERG LEGACY FOUNDATION
    EIN:
    45-2964080
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROGRAM SUPPLIES AND EXPENSES 458,403 0 0 443,417
    OFFICE SUPPLIES 36,410 0 0 36,410
    TELEPHONE 41,538 0 0 41,538
    MARKETING 167,154 0 0 151,009
    TECHNOLOGY 122,331 0 0 106,685
    DUES AND SUBSCRIPTIONS 31,100 0 0 31,100
    ADMINISTRATIVE EXPENSE 56,196 0 0 56,196
    MISCELLANEOUS 5,838 0 0 25,322


    TY 2020 OtherIncomeSchedule2
    Name:
    THE WALLIS ANNENBERG LEGACY FOUNDATION
    EIN:
    45-2964080
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PROGRAM RELATED INCOME 54,335   54,335


    TY 2020 OtherIncreasesSchedule
    Name:
    THE WALLIS ANNENBERG LEGACY FOUNDATION
    EIN:
    45-2964080
    Description Amount
    UNREALIZED GAIN/LOSS 8,956,104
    TAX EXEMPT REVENUE 1,592


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE WALLIS ANNENBERG LEGACY FOUNDATION
    EIN:
    45-2964080
    Description Beginning of Year - Book Value End of Year - Book Value
    TENANT IMPROVEMENT ALLOWANCE 2,088,132 1,833,444
    DEFERRED RENT 2,112,090 2,124,770
    DEFERRED EXCISE TAXES LIABILITIES 64,919 190,081


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE WALLIS ANNENBERG LEGACY FOUNDATION
    EIN:
    45-2964080
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 666,276 666,276 666,276 0
    PROFESSIONAL SERVICES 497,166 0 0 499,499


    TY 2020 TaxesSchedule
    Name:
    THE WALLIS ANNENBERG LEGACY FOUNDATION
    EIN:
    45-2964080
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 175,918 0 0 0