Specialty Family Foundation — Form 990PF, tax year 2020

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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
SPECIALTY FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2260 E MAPLE AVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
EL SEGUNDO, CA90245
A Employer identification number

20-4896662
B Telephone number (see instructions)

(310) 535-9000
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$0J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 2 2  
4 Dividends and interest from securities... 1,153,236 1,153,236  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,133,257
b Gross sales price for all assets on line 6a 5,105,628
7 Capital gain net income (from Part IV, line 2)... 1,135,733
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 69,829 55,546  
12 Total. Add lines 1 through 11........ 2,356,324 2,344,517  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 328,208 0   328,208
14 Other employee salaries and wages...... 297,425 0   297,425
15 Pension plans, employee benefits....... 76,674 0   76,674
16a Legal fees (attach schedule)......... Click to see attachment 42,252 0   42,252
b Accounting fees (attach schedule)....... Click to see attachment 97,975 25,200   71,775
c Other professional fees (attach schedule).... Click to see attachment 152,335 120,818   31,517
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 58,456 0   35,545
19 Depreciation (attach schedule) and depletion... 139 0  
20 Occupancy.............. 119,219 0   119,219
21 Travel, conferences, and meetings....... 10,082 0   10,082
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 146,957 0   138,623
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,329,722 146,018   1,151,320
25 Contributions, gifts, grants paid....... 2,103,468 2,241,622
26 Total expenses and disbursements. Add lines 24 and 25 3,433,190 146,018   3,392,942
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,076,866
b Net investment income (if negative, enter -0-) 2,198,499
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............. 59,936    
2 Savings and temporary cash investments......... 3,276,824    
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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).......... 67,339,248 0 0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet   139 0 0
15 Other assets (describe bullet) Click to see attachment75,845 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 70,751,992 0 0
Liabilities 17 Accounts payable and accrued expenses.......... 9,875  
18 Grants payable................. 235,993  
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 attachment363,042 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 608,910 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 70,143,082 0
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 70,143,082 0
30 Total liabilities and net assets/fund balances (see instructions). 70,751,992 0
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
70,143,082
2
Enter amount from Part I, line 27a .....................
2
-1,076,866
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
5,528,084
4
Add lines 1, 2, and 3 ..........................
4
74,594,300
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
74,594,300
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
0
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 CHARLES SCHWAB      
b CHARLES SCHWAB- CAP GAIN DIVIDENDS      
c K-1S - UBIT P    
d K-1S - NON UBIT P    
e ANCHORAGE CAPITAL PARTNERS OFFSHORE LTD P    
(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 2,499,925   2,406,888 93,037
b 876,886     876,886
c       0
d     62,803 -62,803
e 1,728,817   1,500,204 228,613
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       93,037
b       876,886
c       0
d       -62,803
e       228,613
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 1,135,733
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 30,559
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 30,559
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 30,559
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 27,569
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 32,569
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 91
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 1,919
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet0 RefundedBullet 11 1,919
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
Yes
 
If "Yes," attach the statement required by General Instruction T.Click to see list of attachments
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletHTTP://WWW.SPECIALTYFAMILYFOUNDATION.ORG/
    14
    The books are in care ofbulletGRANT NIMAN Telephone no.bullet (310) 535-9000

    Located atbullet2260 E MAPLE AVEEL SEGUNDOCA ZIP+4bullet90245
    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
    DEBORAH A ESTES FAMILY DIRECTOR/CHAIR
    40.00     		0 0 0
    2260 E MAPLE AVE
    EL SEGUNDO,CA90245
    JOAN CAROL NONEMAN FAMILY DIRECTOR/SECRETARY
    1.00     		0 0 0
    2260 E MAPLE AVE
    EL SEGUNDO,CA90245
    JAMES B PETER JR FAMILY DIRECTOR
    1.00     		0 0 0
    2260 E MAPLE AVE
    EL SEGUNDO,CA90245
    KAREN PETER FAMILY DIRECTOR, VP
    1.00     		0 0 0
    2260 E MAPLE AVE
    EL SEGUNDO,CA90245
    CHRISTINE PETER FAMILY DIRECTOR
    1.00     		0 0 0
    2260 E MAPLE AVE
    EL SEGUNDO,CA90245
    ARTHUR L PETER FAMILY DIRECTOR/TREASURER
    1.00     		0 0 0
    2260 E MAPLE AVE
    EL SEGUNDO,CA90245
    ROBERT GOLDMAN INDEPENDENT DIRECTOR
    1.00     		0 0 0
    2260 E MAPLE AVE
    EL SEGUNDO,CA90245
    BRUCE WILLISON INDEPENDENT DIRECTOR
    1.00     		0 0 0
    2260 E MAPLE AVE
    EL SEGUNDO,CA90245
    JOSEPH B WOMAC PRESIDENT
    40.00     		328,208 13,128 0
    2260 E MAPLE AVE
    EL SEGUNDO,CA90245
    REGINA PETER FAMILY DIRECTOR
    1.00     		0 0 0
    2260 E MAPLE AVE
    EL SEGUNDO,CA90245
    MICHAEL ESTES FAMILY DIRECTOR (START DATE NOV 2020)
    1.00     		0 0 0
    2260 E MAPLE AVE
    EL SEGUNDO,CA90245
    SEAN GARD FAMILY DIRECTOR (START DATE NOV 2020)
    1.00     		0 0 0
    2260 E MAPLE AVE
    EL SEGUNDO,CA90245
    FR VAL J PETER FAMILY DIRECTOR (LEFT JUNE 2020)
    1.00     		0 0 0
    2260 E MAPLE AVE
    EL SEGUNDO,CA90245
    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
    CAROL ROWE GRANTS DIRECTOR
    40.00     		153,549 6,142 0
    2260 E MAPLE AVE
    EL SEGUNDO,CA90245
    TIANN ORTIZ GRANTS MANAGER
    40.00     		88,382 3,535 0
    2260 E MAPLE AVE
    EL SEGUNDO,CA90245
    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
    PRODIGY ASSET MANAGEMENT INVESTMENT 120,818
    14100 CRAWFORD ST
    BOYS TOWN,NE68010
    NIMAN & ASSOCIATES ACCOUNTING 63,000
    2260 E MAPLE AVE
    EL SEGUNDO,CA90245
    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
    43,459,765
    b
    Average of monthly cash balances.......................
    1b
    2,547,829
    c
    Fair market value of all other assets (see instructions)................
    1c
    22,115,021
    d
    Total (add lines 1a, b, and c).........................
    1d
    68,122,615
    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
    68,122,615
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,021,839
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    67,100,776
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,355,039
    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
    3,355,039
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    30,559
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    30,559
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,324,480
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,324,480
    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
    3,324,480
    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
    3,392,942
    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
    3,392,942
    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
    3,392,942
    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 3,324,480
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 572,714
    b From 2016...... 458,171
    c From 2017......  
    d From 2018...... 5,066
    e From 2019......  
    fTotal of lines 3a through e........ 1,035,951
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 3,392,942
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 3,324,480
    e Remaining amount distributed out of corpus 68,462
    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 1,104,413
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		572,714
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		531,699
    10 Analysis of line 9:
    a Excess from 2016.... 458,171
    b Excess from 2017....  
    c Excess from 2018.... 5,066
    d Excess from 2019....  
    e Excess from 2020.... 68,462
    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).)
    DEBORAH A ESTES
    JOAN CAROL NONEMAN
    JAMES B PETER JR
    KAREN PETER
    CHRISTINE PETER
    ARTHUR L PETER
    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
    CALIFORNIA COMMUNITY FOUNDATION
    221 S FIGUEROA ST SUITE 400
    LOS ANGELES,CA90012     		NONE PUBLIC CHARITY FAMILY ENRICHMENT PROGRAM, DONATION 127,500
    A SENSE OF HOME
    3457 W EL SEGUNDO BLVD UNIT A
    HAWTHORNE,CA90250     		NONE PUBLIC CHARITY GENERAL 10,000
    ST MONICA HIGH CATHOLIC SCHOOL
    1030 LINCOLN BLVD
    SANTA MONICA,CA90403     		NONE SCHOOL GENERAL 5,750
    ST VINCENT MEALS ON WHEELS
    2303 MIRAMAR ST
    LOS ANGELES,CA90057     		NONE RELIGIOUS GENERAL 3,300
    SURFAID INTERNATIONAL USA INC
    345 S COAST HWY 101 STE K
    ENCINITAS,CA92024     		NONE PUBLIC CHARITY GENERAL 2,500
    SWORDS TO PLOWSHARES
    401 VAN NESS AVE STE 313
    SAN FRANCISCO,CA94102     		NONE PUBLIC CHARITY GENERAL 6,000
    THE BROTHERHOOD CRUSADE
    200 E SLAUSON AVE
    LOS ANGELES,CA90011     		NONE PUBLIC CHARITY GENERAL 28,000
    THE RIORDAN PROGRAMS
    110 WESTWOOD PLAZA MULLIN MGMT
    COMMONS STE F205 BOX 951484
    LOS ANGELES,CA90095     		NONE PUBLIC CHARITY GENERAL 2,500
    UNION STATION HOMELESS
    825 ORANGE GROVE BLVD
    PASADENA,CA91104     		NONE PUBLIC CHARITY GENERAL 2,500
    A PLACE CALLED HOME
    2830 S CENTRAL AVE
    LOS ANGELES,CA90011     		NONE PUBLIC CHARITY GENERAL 5,000
    CENTER FOR CATHOLIC EDUCATION LMU
    1 LMU DR UNIVERSITY HALL STE 1760
    LOS ANGELES,CA90015     		NONE SCHOOL GENERAL 10,000
    COMPASS FAMILY SERVICES
    37 GROVE STREET
    SAN FRANCISCO,CA94102     		NONE PUBLIC CHARITY GENERAL 4,000
    HARVEST HOME
    2118 WILSHIRE BLVD
    SANTA MONICA,CA90403     		NONE PUBLIC CHARITY GENERAL 28,000
    LOS ANGELES REGIONAL FOODBANK
    1734 EAST 41ST ST
    LOS ANGELES,CA90058     		NONE PUBLIC CHARITY GENERAL 15,000
    METROPOLIS SANTA MONICA
    603 ARIZONA AVE
    SANTA MONICA,CA90401     		NONE PUBLIC CHARITY GENERAL 2,000
    CARDINAL'S AWARDS DINNER
    3424 WILSHIRE BLVD 5TH FLOOR
    LOS ANGELES,CA90010     		NONE PUBLIC CHARITY GENERAL 10,000
    CATHOLIC CHARITIES OF LOS ANGELES INC
    211 3RD AVENUE
    VENICE,CA90291     		NONE PUBLIC CHARITY GENERAL 1,000
    DOMINICAN SISTERS VISION OF HOPE SCHOOLS
    1555 34TH AVENUE
    OAKLAND,CA94601     		NONE SCHOOL GENERAL 7,500
    FADICA INC
    4201 CONNECTICUT AVE NW STE 505
    WASHINGTON,DC20008     		NONE PUBLIC CHARITY GENERAL 5,000
    HEALTHRIGHT360
    12423 DAHLIA AVENUE
    EL MONTE,CA91732     		NONE PUBLIC CHARITY GENERAL 320
    MY FRIEND'S PLACE
    5850 HOLLYWOOD BLVD
    LOS ANGELES,CA90028     		NONE PUBLIC CHARITY GENERAL 25,000
    SKIRBALL CULTURAL CENTER
    2701 N SEPULVEDA BLVD
    LOS ANGELES,CA90049     		NONE PUBLIC CHARITY GENERAL 20,000
    SAN GABRIEL MISSION HIGH SCHOOL
    254 S SANTA ANITA ST
    SAN GABRIEL,CA91776     		NONE SCHOOL GENERAL 500
    SAN GABRIEL PASTORAL REGION
    16009 E CYPRESS AVE
    IRWINDALE,CA91706     		NONE SCHOOL GRANT FOR OPERATIONAL ACTIVITIES 1,500
    SOUTHERN CALIFORNIA GRANTMAKERS
    1000 N ALAMEDA ST STE 230
    LOS ANGELES,CA90012     		NONE PUBLIC CHARITY GRANT FOR OPERATIONAL ACTIVITIES 90,000
    SAFE PLACE FOR YOUTH
    2469 LINCOLN BLVD
    VENICE,CA90291     		NONE PUBLIC CHARITY GRANT FOR OPERATIONAL ACTIVITIES 80,000
    HOMEBOY INDUSTRIES
    130 W BRUNO ST
    LOS ANGELES,CA90012     		NONE PUBLIC CHARITY GRANT FOR OPERATIONAL AND PCI BRIDGE PLAN GRANT 60,000
    JOVENES INC CENTER
    1208 PLEASANT AVE
    LOS ANGELES,CA90033     		NONE PUBLIC CHARITY GRANT FOR OPERATIONAL ACTIVITIES 15,000
    LA84 FOUNDATION
    2141 W ADAMS BLVD
    LOS ANGELES,CA90018     		NONE PUBLIC CHARITY GRANT FOR OPERATIONAL ACTIVITIES 10,000
    NATIONAL CATHOLIC EDUCATION ASSOC
    1005 NORTH GLEBE RD STE 525
    ARLINGTON,VA22201     		NONE PUBLIC CHARITY GRANT FOR OPERATIONAL ACTIVITIES 50,000
    PROTOTYPES
    1000 NORTH ALAMEDA ST STE 390
    LOS ANGELES,CA90012     		NONE PUBLIC CHARITY GRANT FOR OPERATIONAL ACTIVITIES 200,000
    ST VINCENT SENIOR CITIZEN PROGRAM INC
    2131 WEST 3RD STREET
    LOS ANGELES,CA90057     		NONE RELIGIOUS GRANT FOR OPERATIONAL ACTIVITIES 50,000
    STEP UP ON SECOND
    1328 SECOND ST
    SANTA MONICA,CA90401     		NONE PUBLIC CHARITY GRANT FOR OPERATIONAL ACTIVITIES 25,000
    THE MIDNIGHT MISSION
    601 SOUTH SAN PEDRO STREET
    LOS ANGELES,CA90014     		NONE PUBLIC CHARITY GRANT FOR OPERATIONAL ACTIVITIES 25,000
    UCLA INTEGRATED SUBSTANCE ABUSE PROGRAM
    11075 SANTA MONICA BLVD STE 200
    LOS ANGELES,CA90025     		NONE PUBLIC CHARITY GRANT FOR OPERATIONAL ACTIVITIES 2,500
    ST FRANCIS CENTER
    1835 SOUTH HOPE ST
    LOS ANGELES,CA90015     		NONE SCHOOL GRANT FOR OPERATIONAL ACTIVITIES, 68,300
    THE PEOPLE CONCERN
    1453 16TH ST
    SANTA MONICA,CA90404     		NONE PUBLIC CHARITY GRANT FOR OPERATIONAL ACTIVITIES 45,000
    ST JOSEPH CENTER
    204 HAMPTON DR
    VENICE,CA90291     		NONE RELIGIOUS GRANT FOR OPERATIONAL ACTIVITIES 44,000
    VENICE FAMILY CLINIC
    604 ROSE AVE
    VENICE,CA90291     		NONE PUBLIC CHARITY GRANT FOR OPERATIONAL ACTIVITIES 50,000
    WESTSIDE FOOD BANK
    1710 22ND ST
    SANTA MONICA,CA90404     		NONE PUBLIC CHARITY GRANT FOR OPERATIONAL ACTIVITIES 28,400
    PARTNERS FOR CHILDREN SOUTH LA
    808 W 58TH STREET
    LOS ANGELES,CA90037     		NONE PUBLIC CHARITY HOLIDAY GRANT 5,000
    COALITION TO ABOLISH SLAVERY & TRAFFICKING
    5042 WILSHIRE BLVD STE 586
    LOS ANGELES,CA90036     		NONE PUBLIC CHARITY NEXT GENERATION GRANTS 5,000
    ARCHDIOCESE OF LA
    3424 WILSHIRE BLVD
    LOS ANGELES,CA90010     		NONE RELIGIOUS OPERATING/STEM 335,000
    CATHOLIC SCHOOLS COLLABORATIVE
    312 E 1ST ST STE 242
    LOS ANGELES,CA90012     		NONE PUBLIC CHARITY OPERATING/STEM 57,500
    ART TREK INC
    703 RANCHO CONEJO BLVD
    NEWBURY PARK,CA91320     		NONE PUBLIC CHARITY PARTNERSHIP GRANTS 17,000
    LOS ANGELES PHILHARMONIC ASSOCIATION
    151 S GRAND AVE
    LOS ANGELES,CA90012     		NONE PUBLIC CHARITY PARTNERSHIP GRANTS 20,000
    THE ASSOCIATION OF CATHOLIC STUDENT COUNCILS
    530 SOUTH LAKE AVENUE STE 889
    PASADENA,CA91101     		NONE PUBLIC CHARITY PARTNERSHIP GRANTS 15,000
    CATHOLIC EDUCATION FOUNDATION
    3424 WILSHIRE BLVD FL 3
    LOS ANGELES,CA90010     		NONE RELIGIOUS SCHOLARSHIPS 348,133
    SHIELDS FOR FAMILIES
    11601 S WESTERN
    LOS ANGELES,CA90047     		NONE PUBLIC CHARITY SUBSTANCE ABUSE INITIATIVE 200,000
    ST ALOYSIUS GONZAGA SCHOOL
    20323 E NADEAU
    LOS ANGELES,CA90001     		NONE SCHOOL TUITION ASSISTANCE AND SCHOLARSHIPS 13,297
    ST MATTHIAS HIGH SCHOOL
    7130 CEDAR STREET
    HUNTINGTON PARK,CA90255     		NONE SCHOOL TUITION ASSISTANCE AND SCHOLARSHIPS 6,122
    ST PIUS X - ST MATTHIAS ACADEMY
    7851 GARDENDALE STREET
    DOWNEY,CA90245     		NONE SCHOOL TUITION ASSISTANCE AND SCHOLARSHIPS 6,000
    THE WHOLE CHILD
    10155 COLIMA RD
    WHITTIER,CA90603     		NONE PUBLIC CHARITY YOUTH HOUSING GRANT 15,000
    UPWARD BOUND HOUSE
    1104 WASHINGTON AVENUE
    SANTA MONICA,CA90403     		NONE PUBLIC CHARITY YOUTH HOUSING GRANT 25,000
    CAPSO
    15500 ERWIN ST 303
    VAN NUYS,CA91411     		NONE PUBLIC CHARITY GENERAL 7,500
    Total .................................bullet 3a 2,241,622
    bApproved for future payment
    ARCHDIOCESE OF LA
    3424 WILSHIRE BLVD
    LOS ANGELES,CA90010     		NONE RELIGIOUS GRANT TO SUPPORT OPERATIONAL ACTIVITIES (COVID RELIEF) 50,000
    ARCHDIOCESE OF LA
    3424 WILSHIRE BLVD
    LOS ANGELES,CA90010     		NONE RELIGIOUS GRANT TO SUPPORT OEPRATIONAL ACTIVITIES (ADVISORY COMMITTEE HOUSING) 50,000
    Total .................................bullet 3b 100,000
    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 2  
    4 Dividends and interest from securities....     14 1,153,236  
    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 ............     		901101 -2,476 18 1,135,733  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aRESCINDED GRANT     		        20,000
    bFROM PARTNERSHIPS (NON UBTI)     14 55,546  
    cFROM PARTNERSHIPS (UBTI) 901101 -5,717      
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -8,193 2,344,517 20,000
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,356,324
    (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.)
    11A CERTAIN GRANTS COMMITTMENTS MADE RESCINDED DURING THE YEAR
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    SPECIALTY FAMILY FOUNDATION
    EIN:
    20-4896662
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING AND AUDITING 97,975 25,200   71,775

    TY 2020 DissolutionStmt
    Name:
    SPECIALTY FAMILY FOUNDATION
    EIN:
    20-4896662
    Dissolution Name Dissolution Address Explanation Dissolution Amount
    SPECIALTY FAMILY FOUNDATION 2260 E MAPLE AVE
    EL SEGUNDO,CA90245     		PRIMARILY CASH, MARKETABLE SECURITIES, AND PRIVATE INVESTMENT FUNDS; IN ADDITION LIABILITIES OF APPROXIMATELY $455,000 WAS ASSUMED BY RECIPIENT. FAIR AMOUNT OF ASSETS LISTED ABOVE IS NET OF SUCH LIABILITIES ASSUMED. 74,594,300


    TY 2020 LiquidationExplanationStmt
    Name:
    SPECIALTY FAMILY FOUNDATION
    EIN:
    20-4896662
    Statement:
    ON JANUARY 1, 2021, SPECIALTY FAMILY FOUNDATION ( A CALIFORNIA NON PROFIT CORPORATION) MERGED INTO SPECIALTY FAMILY FOUNDATION (ID# 35-2676634) (A DELAWARE NON PROFIT CORPORATION), THE LATTER BEING THE SURVIVING ENTITY. AT SUCH TIME, ALL ASSETS WERE TRANSFERRED TO AND RELATED LIABILITIES ASSUMED BY THE SURVIVING ENTITY. SEE ATTACHED AGREEMENT OF MERGER, FILINGS WITH THE DELAWARE SECRETARY OF STATE, AND CORPORATE RESOLUTIONS FOR EACH OF THE MERGED ENTITIES.


    TY 2020 LegalFeesSchedule
    Name:
    SPECIALTY FAMILY FOUNDATION
    EIN:
    20-4896662
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 42,252 0   42,252


    TY 2020 OtherAssetsSchedule
    Name:
    SPECIALTY FAMILY FOUNDATION
    EIN:
    20-4896662
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SECURITY DEPOSIT 15,804    
    OTHER PREPAIDS 60,041    


    TY 2020 OtherDecreasesSchedule
    Name:
    SPECIALTY FAMILY FOUNDATION
    EIN:
    20-4896662
    Description Amount
    TRANSFER NET ASSETS TO SUCCESSOR PRIVATE FOUNDATION-SEE STATEMENT 15 74,594,300


    TY 2020 OtherExpensesSchedule
    Name:
    SPECIALTY FAMILY FOUNDATION
    EIN:
    20-4896662
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PARKING 10,513 0   10,513
    INFORMATION TECHNOLOGY 73,484 0   73,484
    POSTAGE & DELIVERY 2,436 0   2,436
    OFFICE 4,778 0   4,778
    AUTO 1,454 0   1,454
    BOARD AND EMPLOYEE EXPENSES 2,426 0   2,426
    DUES AND MEMBERSHIPS 28,521 0   28,521
    INSURANCE 19,630 0   19,630
    ACCRUAL TO CASH ADJUSTMENTS 0 0   -8,334
    MEALS 2,476 0   2,476
    GIFTS AND PROMOTION 1,239 0   1,239


    TY 2020 OtherIncomeSchedule2
    Name:
    SPECIALTY FAMILY FOUNDATION
    EIN:
    20-4896662
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    RESCINDED GRANT 20,000   20,000
    FROM PARTNERSHIPS (NON UBTI) 55,546 55,546 55,546
    FROM PARTNERSHIPS (UBTI) -5,717   -5,717


    TY 2020 OtherIncreasesSchedule
    Name:
    SPECIALTY FAMILY FOUNDATION
    EIN:
    20-4896662
    Description Amount
    NET CHANGE IN UNREALIZED GAINS(LOSSES) 5,528,084


    TY 2020 OtherLiabilitiesSchedule
    Name:
    SPECIALTY FAMILY FOUNDATION
    EIN:
    20-4896662
    Description Beginning of Year - Book Value End of Year - Book Value
    INVESTMENT FEES PAYABLE 31,303 0
    SALARIES PAYABLE 46,449 0
    DEFERRED TAXES PAYABLE 253,482 0
    DEFERRED RENT PAYABLE 8,230 0
    CURRENT TAX PAYABLE 21,645 0
    OTHER 1,933 0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    SPECIALTY FAMILY FOUNDATION
    EIN:
    20-4896662
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTANTS 31,517 0   31,517
    INVESTMENT FEES 120,818 120,818   0


    TY 2020 TaxesSchedule
    Name:
    SPECIALTY FAMILY FOUNDATION
    EIN:
    20-4896662
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE AND FEDERAL UBIT 23,207 0   0
    PAYROLL 34,727 0   34,727
    OTHER 522 0   818