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
WINDSONG TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)838 MANHATTAN BEACH BLVD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MANHATTAN BEACH, CA902664933
A Employer identification number

56-2461733
B Telephone number (see instructions)

(310) 747-4600
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$562,307,700J 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      
4 Dividends and interest from securities... 17,375,904 17,375,904  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 809,201
b Gross sales price for all assets on line 6a 51,259,029
7 Capital gain net income (from Part IV, line 2)... 809,201
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 18,185,105 18,185,105  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,279,770 51,191   1,219,201
14 Other employee salaries and wages...... 91,274 18,255   72,490
15 Pension plans, employee benefits....... 226,869 14,194   212,675
16a Legal fees (attach schedule)......... Click to see attachment 93,839 0   93,839
b Accounting fees (attach schedule)....... Click to see attachment 46,500 23,250   23,250
c Other professional fees (attach schedule).... Click to see attachment 2,365,001 2,358,034   6,967
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 271,701 32,510   61,591
19 Depreciation (attach schedule) and depletion... Click to see attachment 53,132 0  
20 Occupancy.............. 59,349 2,374   56,975
21 Travel, conferences, and meetings....... 9,332 373   8,959
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 27,910 2,793   25,117
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,524,677 2,502,974   1,781,064
25 Contributions, gifts, grants paid....... 22,430,990 22,430,990
26 Total expenses and disbursements. Add lines 24 and 25 26,955,667 2,502,974   24,212,054
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -8,770,562
b Net investment income (if negative, enter -0-) 15,682,131
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 901,732 4,318,363 4,318,363
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).......... 412,120,494 Click to see attachment399,909,939 556,452,385
14 Land, buildings, and equipment: basis bullet1,726,009
Less: accumulated depreciation (attach schedule) bullet260,364 1,465,728 Click to see attachment1,465,645 1,465,645
15 Other assets (describe bullet) Click to see attachment19,757 Click to see attachment71,307 Click to see attachment71,307
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 414,507,711 405,765,254 562,307,700
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment382,016 Click to see attachment386,411
23 Total liabilities (add lines 17 through 22)......... 382,016 386,411
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........... 414,125,695 405,378,843
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)..... 414,125,695 405,378,843
30 Total liabilities and net assets/fund balances (see instructions). 414,507,711 405,765,254
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
414,125,695
2
Enter amount from Part I, line 27a .....................
2
-8,770,562
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
27,574
4
Add lines 1, 2, and 3 ..........................
4
405,382,707
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3,864
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
405,378,843
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 UBS FINANCIAL SERVICES #05585 ST P 2020-01-01 2020-12-31
b UBS FINANCIAL SERVICES #05585 LT P 2019-01-01 2020-12-31
c UBS FINANCIAL SERVICES #05586 ST P 2020-01-01 2020-12-31
d UBS FINANCIAL SERVICES #05586 LT P 2019-01-01 2020-12-31
e UBS FINANCIAL SERVICES #05587 ST P 2020-01-01 2020-12-31
UBS FINANCIAL SERVICES #05587 LT P 2019-01-01 2020-12-31
UBS FINANCIAL SERVICES #05591 ST P 2020-01-01 2020-12-31
UBS FINANCIAL SERVICES #05591 LT P 2019-01-01 2020-12-31
UBS FINANCIAL SERVICES #05592 ST P 2020-01-01 2020-12-31
UBS FINANCIAL SERVICES #05592 LT P 2019-01-01 2020-12-31
UBS FINANCIAL SERVICES #05593 ST P 2020-01-01 2020-12-31
UBS FINANCIAL SERVICES #05593 LT P 2019-01-01 2020-12-31
UBS FINANCIAL SERVICES #05594 ST P 2020-01-01 2020-12-31
UBS FINANCIAL SERVICES #05594 LT P 2019-01-01 2020-12-31
UBS FINANCIAL SERVICES #07308 ST P 2020-01-01 2020-12-31
UBS FINANCIAL SERVICES #07308 LT P 2019-01-01 2020-12-31
UBS FINANCIAL SERVICES #08245 ST P 2020-01-01 2020-12-31
UBS FINANCIAL SERVICES #08245 LT P 2019-01-01 2020-12-31
UBS FINANCIAL SERVICES #18502 ST P 2020-01-01 2020-12-31
UBS FINANCIAL SERVICES #18502 LT P 2019-01-01 2020-12-31
UBS FINANCIAL SERVICES #03000 LT P 2019-01-01 2020-12-31
UBS FINANCIAL SERVICES #05585 LT P 2019-01-01 2020-12-31
UBS FINANCIAL SERVICES #05586 LT P 2019-01-01 2020-12-31
UBS FINANCIAL SERVICES #23501 LT P 2019-01-01 2020-12-31
OTHER INVESTMENTS P 2019-01-01 2020-12-31
(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 719,567   587,397 132,170
b 2,449,755   2,082,769 366,986
c 440,157   701,144 -260,987
d 1,643,832   1,435,451 208,381
e 483,737   490,626 -6,889
3,815,012   2,598,975 1,216,037
280,922   274,495 6,427
3,975,055   3,072,817 902,238
127,976   161,116 -33,140
1,269,605   962,259 307,346
6,450,318   6,870,081 -419,763
6,552,994   4,869,330 1,683,664
2,075,124   1,945,321 129,803
4,637,751   10,414,472 -5,776,721
318,317   371,574 -53,257
2,046,528   2,139,086 -92,558
567,258   558,212 9,046
2,822,355   2,270,059 552,296
4,831,080   4,990,949 -159,869
3,064,411   2,597,884 466,527
2,323,778     2,323,778
4,028     4,028
7     7
359,462     359,462
    1,055,811 -1,055,811
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       132,170
b       366,986
c       -260,987
d       208,381
e       -6,889
      1,216,037
      6,427
      902,238
      -33,140
      307,346
      -419,763
      1,683,664
      129,803
      -5,776,721
      -53,257
      -92,558
      9,046
      552,296
      -159,869
      466,527
      2,323,778
      4,028
      7
      359,462
      -1,055,811
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 2 809,201
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................................ 1 217,982
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........................... 3 217,982
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- ..... 5 217,982
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 250,204
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 95,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 345,204
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 127,222
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet127,222 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, NV
    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 addressbulletN/A
    14
    The books are in care ofbulletGIGI OSCO-BINGEMANN CO-TRUSTEE Telephone no.bullet (310) 747-4600

    Located atbullet838 MANHATTAN BEACH BLVDMANHATTAN BEACHCA ZIP+4bullet902664933
    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
     
    No
    .........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). Click to see attachment
    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
    GIGI OSCO-BINGEMANN CO-TRUSTEE
    40.00     		635,000 61,885 0
    838 MANHATTAN BEACH BLVD
    MANHATTAN BEACH,CA90266
    VADIM FRIDMAN CO-TRUSTEE
    40.00     		635,000 61,885 0
    604 PINNACLE HEIGHTS LN
    LAS VEGAS,NV89144
    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
    BONNIE M MYERS EXECUTIVE ASSISTANT
    40.00     		90,613 16,114 0
    838 MANHATTAN BEACH BLVD
    MANHATTAN BEACH,CA90266
    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
    UBS FINANCIAL SERVICES INVESTMENT MANAGEMENT FEES 911,355
    2121 ROSECRANS AVENUE SUITE 1300
    EL SEGUNDO,CA902454745
    ROVENGER LAW GROUP LLP LEGAL SERVICES 93,181
    11111 SANTA MONICA BLVD SUITE 500
    LOS ANGELES,CA90025
    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
    511,037,234
    b
    Average of monthly cash balances.......................
    1b
    3,557,150
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    514,594,384
    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
    514,594,384
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    7,718,916
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    506,875,468
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    25,343,773
    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
    25,343,773
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    217,982
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    217,982
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    25,125,791
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    25,125,791
    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
    25,125,791
    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
    24,212,054
    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
    24,212,054
    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
    24,212,054
    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 25,125,791
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 21,514,240
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 24,212,054
    a Applied to 2019, but not more than line 2a 21,514,240
    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..... 2,697,814
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		22,427,977
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AFTER-SCHOOL ALL-STARS LAS VEGAS
    8485 W SUNSET ROAD
    LAS VEGAS,NV89113     		  PC EDUCATIONAL PROGRAM SUPPORT 500,000
    AFTER-SCHOOL ALL-STARS LOS ANGELES
    5900 WILSHIRE BLVD
    LOS ANGELES,CA90036     		  PC EDUCATIONAL PROGRAM SUPPORT 500,000
    AMERICAN COMMITTEE FOR THE WEIZMANN INSTITUTE OF SCIENCE
    633 THIRD AVENUE
    NEW YORK,NY10017     		  PC FOUR K-12 SCIENCE EDUCATION PROGRAMS AT DAVIDSON INSTITUTE 560,000
    ANDSON INC
    5520 STEPHANIE STREET
    LAS VEGAS,NV89122     		  PC FINANCIAL LITERACY PROGRAMS 75,000
    AQUARIUM OF THE PACIFIC
    100 AQUARIUM WAY
    LONG BEACH,CA90802     		  PC OCEAN SCIENCE EDUCATION PROGRAM 100,000
    BET YOSSEF COMMUNITY CENTER
    8551 VEGAS DRIVE
    LAS VEGAS,NV89128     		  PC TUITION ASSISTANCE 75,000
    BIG BROTHERS & BIG SISTERS OF GREATER LOS ANGELES
    11755 WILSHIRE BLVD STE 1670
    LOS ANGELES,CA90025     		  PC COMMUNITY BASED MENTORING PROGRAM 250,000
    BLIND CHILDREN'S CENTER
    4120 MARATHON STREET
    LOS ANGELES,CA90029     		  PC EDUCATIONAL PROGRAM SUPPORT 150,000
    BOYS & GIRLS CLUB OF THE WEST VALLEY
    7245 REMMET AVE
    CANOGA PARK,CA91303     		  PC EDUCATIONAL PROGRAM SUPPORT 200,000
    BOYS & GIRLS CLUBS OF LA HABRA
    1211 FAHRINGER WAY
    LA HABRA,CA90631     		  PC EDUCATIONAL PROGRAM SUPPORT 100,000
    BOYS & GIRLS CLUBS OF LOS ANGELES HARBOR
    1200 S CABRILLO AVENUE
    SAN PEDRO,CA90731     		  PC CAREER BOUND, COLLEGE BOUND AND THE ARTS ACADEMY PROGRAMS 750,000
    BOYS & GIRLS CLUBS OF SOUTHERN NEVADA
    2850 LINDELL ROAD
    LAS VEGAS,NV89146     		  PC EDUCATIONAL PROGRAM SUPPORT 650,000
    C5 YOUTH FOUNDATION OF SOUTHERN CALIFORNIA
    3100 N BROADWAY
    LOS ANGELES,CA90031     		  PC EDUCATIONAL PROGRAM SUPPORT 175,000
    CHADWICK SCHOOL
    26800 SOUTH ACADEMY DRIVE
    PALOS VERDES PENINSULA,CA90274     		  PC TUITION ASSISTANCE 250,000
    CHILD DEVELOPMENT INSTITUTE
    18050 VANOWEN STREET
    RESEDA,CA91335     		  PC EARLY CHILDHOOD EDUCATION 200,000
    CHILDREN TODAY
    2951 LONG BEACH BLVD
    LONG BEACH,CA90806     		  PC EDUCATIONAL PROGRAM SUPPORT 150,000
    CHILDREN'S BURN FOUNDATION
    5000 VAN NUYS BLVD
    SHERMAN OAKS,CA91403     		  PC L.A. TROUPE SAFETY SMART PROGRAM 100,000
    CITY YEAR LOS ANGELES
    606 S OLIVE STREET
    LOS ANGELES,CA90014     		  PC EDUCATIONAL PROGRAM SUPPORT 750,000
    COMMUNITIES IN SCHOOLS OF LOS ANGELES
    2000 AVENUE OF THE STARS
    LOS ANGELES,CA90067     		  PC EDUCATIONAL PROGRAM SUPPORT 360,000
    COMMUNITIES IN SCHOOLS OF NEVADA
    8350 W SAHARA AVE
    LAS VEGAS,NV89117     		  PC EDUCATIONAL PROGRAM SUPPORT 400,000
    CORE ACADEMY
    701 SOUTH 9TH STREET
    LAS VEGAS,NV89101     		  PC CHROME BOOKS AND BROADBAND ACCESS 30,000
    DE TOLEDO HIGH SCHOOL
    22622 VANOWEN STREET
    WEST HILLS,CA91307     		  PC TUITION ASSISTANCE AND THE POWELL LEGACY ENDOWMENT MATCHING GIFT 350,000
    DISCOVERY CHARTER SCHOOLS
    8961 HILLPOINTE ROAD
    LAS VEGAS,NV89134     		  PC EDUCATIONAL PROGRAM SUPPORT 500,000
    DISCOVERY CHILDREN'S MUSEUM
    360 PROMENADE PLACE
    LAS VEGAS,NV89106     		  PC RESET, RISE AND SHINE PROJECT 300,000
    DORAL ACADEMY OF NEVADA
    610 CROSSBRIDGE DRIVE
    LAS VEGAS,NV89138     		  PC AFTER SCHOOL TUTORIAL AND COLLEGE & CAREER READINESS PROGRAMS 93,000
    FOLDS OF HONOR
    5800 N PATRIOT DRIVE
    OWASSO,OK74055     		  PC CHILDREN'S EDUCATIONAL SCHOLARSHIP FUND 400,000
    FRIENDS OF THE OBSERVATORY
    2800 EAST OBSERVATORY ROAD
    LOS ANGELES,CA90027     		  PC SCHOOL FIELD TRIP PROGRAM 100,000
    FULFILLMENT FUND LAS VEGAS
    3850 ANNIE OAKLEY DRIVE
    LAS VEGAS,NV89121     		  PC EDUCATIONAL PROGRAM SUPPORT 800,000
    FULFILLMENT FUND LOS ANGELES
    6100 WILSHIRE BLVD
    LOS ANGELES,CA90048     		  PC COLLEGE ACCESS PROGRAM 200,000
    GOODWILL INDUSTRIES OF SOUTHERN NEVADA
    1280 W CHEYENNE AVE
    NORTH LAS VEGAS,NV89030     		  PC YOUTH EMPLOYMENT PROGRAM 150,000
    GREEN DOT PUBLIC SCHOOLS CALIFORNIA
    1149 S HILL STREET STE 600
    LOS ANGELES,CA90015     		  PC JETSPACE/MODELFLEX PROGRAM 280,000
    HARRISON GREENBERG MEMORIAL FOUNDATION
    330 S SEPULVEDA BLVD
    MANHATTAN BEACH,CA90266     		  PC EDUCATIONAL PROGRAM SUPPORT 100,000
    HERMOSA BEACH EDUCATION FOUNDATION
    1257 17TH STREET
    HERMOSA BEACH,CA90254     		  PC EDUCATIONAL PROGRAM SUPPORT 75,000
    HOLLENBECK POLICE ACTIVITIES LEAGUE
    126 N ST LOUIS STREET
    LOS ANGELES,CA90033     		  PC GET IT STRAIGHT AND CAREER AND WORKFORCE DEVELOPMENT PROGRAMS 175,000
    JUNIOR ACHIEVEMENT OF SOUTHERN NEVADA
    1921 N RAINBOW BLVD
    LAS VEGAS,NV89108     		  PC EDUCATIONAL PROGRAM SUPPORT 120,000
    KADIMA DAY SCHOOL
    7011 SHOUP AVENUE
    WEST HILLS,CA91307     		  PC TUITION ASSISTANCE 100,000
    KIPP SOCAL PUBLIC SCHOOLS
    3601 EAST FIRST STREET
    LOS ANGELES,CA90063     		  PC KIPP THROUGH COLLEGE PROGRAM 250,000
    LAS VEGAS-CLARK COUNTY LIBRARY DISTRICT FOUNDATION
    7060 W WINDMILL LANE
    LAS VEGAS,NV89113     		  PC TEACHERS IN LIBRARIES PROGRAM 125,000
    LEADERS IN TRAINING
    900 N LAMB BLVD
    LAS VEGAS,NV89110     		  PC EDUCATIONAL PROGRAM SUPPORT 100,000
    MAKE GOOD INC
    5429 W WASHINGTON BLVD
    LOS ANGELES,CA90016     		  PC BOOK FOUNDATION PROGRAM 20,000
    MALIBU JEWISH CENTER & SYNAGOGUE
    24855 PACIFIC COAST HIGHWAY
    MALIBU,CA90265     		  PC HAND IN HAND PROGRAM 75,000
    MANHATTAN BEACH EDUCATION FOUNDATION
    325 SOUTH PECK AVENUE
    MANHATTAN BEACH,CA90266     		  PC ELEMENTARY LIBRARIANS, READING SPECIALISTS AND AT RISK COUNSELORS 310,000
    MARTY HENNESSY INSPIRING CHILDREN FOUNDATION
    3339 W WASHINGTON AVE
    LAS VEGAS,NV89107     		  PC EDUCATIONAL PROGRAM SUPPORT 225,000
    MAZEL FREE
    2901 BRIGHTON 6TH STREET
    BROOKLYN,NV11235     		  PC EDUCATIONAL PROGRAM SUPPORT 250,000
    MIND RESEARCH INSTITUTE
    5281 CALIFORNIA AVE
    IRVINE,CA92617     		  PC ST MATH PROGRAM IN THE CLARK COUNTY SCHOOL DISTRICT 250,000
    MONDAYS DARK
    5130 S FORT APACHE
    LAS VEGAS,NV89148     		  PC EDUCATIONAL PROGRAM SUPPORT 100,000
    NASRI ACADEMY FOR GIFTED CHILDREN
    3695 LINDELL ROAD
    LAS VEGAS,NV89103     		  PC TUITION ASSISTANCE 85,815
    NEVADA BLIND CHILDREN'S FOUNDATION
    95 S ARROYO GRANDE BLVD
    HENDERSON,NV89012     		  PC EDUCATIONAL PROGRAM SUPPORT 200,000
    NEVADA SCHOOL OF THE ARTS
    401 S FOURTH STREET
    LAS VEGAS,NV89101     		  PC EDUCATIONAL PROGRAM SUPPORT 100,000
    NEW HORIZONS
    15725 PARTHENIA STREET
    NORTH HILLS,CA91343     		  PC YOUTH EDUCATION AND TRAINING PROGRAM 275,000
    OPERATION PROGRESS STUDENT ASSISTANCE FOUNDATION
    10221 COMPTON AVE
    LOS ANGELES,CA90002     		  PC EDUCATIONAL PROGRAM SUPPORT 150,000
    OPPORTUNITY 180
    11035 LAVENDER HILL DRIVE
    LAS VEGAS,NV89135     		  PC GETTING REAL LITERACY PROGRAM FOR THE CLARK COUNTY SCHOOL DISTRICT 1,000,000
    OPPORTUNITY VILLAGE
    6300 WEST OAKEY BLVD
    LAS VEGAS,NV89146     		  PC JOB DISCOVERY AND VERY IMPORTANT ARTS PROGRAMS 500,000
    OUR HOUSE GRIEF SUPPORT CENTER
    1663 SAWTELLE BLVD
    LOS ANGELES,CA90045     		  PC CHILD & ADOLESCENT GRIEF SUPPORT PROGRAMS 300,000
    PINECREST ACADEMY
    1360 SOUTH BOULDER HWY
    HENDERSON,NV89015     		  PC EDUCATIONAL PROGRAM SUPPORT 442,000
    READING IN MOTION
    65 E WACKER PLACE
    CHICAGO,IL60601     		  PC READING IN MOTION PROGRAM IN LAS VEGAS 125,000
    REDONDO BEACH EDUCATIONAL FOUNDATION
    409 N PACIFIC COAST HIGHWAY
    REDONDO BEACH,CA90277     		  PC EDUCATIONAL PROGRAM SUPPORT 225,000
    ROLLING HILLS PREP AND RENAISSANCE SCHOOLS
    ONE ROLLING HILLS PREP WAY
    SAN PEDRO,CA90732     		  PC TUITION ASSISTANCE 150,000
    ROSARY ACADEMY
    1340 N ACACIA AVE
    FULLERTON,CA92831     		  PC TUITION ASSISTANCE 100,000
    SCHOOL ON WHEELS
    303 N VENTURA AVE STE D
    VENTURA,CA93002     		  PC EDUCATIONAL PROGRAM SUPPORT 100,000
    SERVITE HIGH SCHOOL
    1952 W LAPALMA AVE
    ANAHEIM,CA92801     		  PC TUITION ASSISTANCE 250,000
    SIMON WIESENTHAL CENTER
    1399 S ROXBURY DR
    LOS ANGELES,CA90035     		  PC EDUCATIONAL PROGRAM SUPPORT 500,000
    SKIRBALL CULTURAL CENTER
    2701 NORTH SEPULVEDA BLVD
    LOS ANGELES,CA90049     		  PC EDUCATIONAL PROGRAM SUPPORT 1,200,000
    SPREAD THE WORD NEVADA
    1065 AMERICAN PACIFIC DRIVE
    HENDERSON,NV89074     		  PC EDUCATIONAL PROGRAM SUPPORT 175,000
    ST CHRISTOPHER CATHOLIC SCHOOL
    366 CATHEDRAL WAY
    LAS VEGAS,NV89109     		  PC EDUCATIONAL PROGRAM SUPPORT 200,000
    STATON PTO
    1700 SAGEBERRY DRIVE
    LAS VEGAS,NV89144     		  PC EDUCATIONAL PROGRAM SUPPORT 80,000
    STRIVE
    9124 SOUTH MAIN STREET
    LOS ANGELES,CA90003     		  PC EDUCATIONAL PROGRAM SUPPORT 250,000
    TEACH FOR AMERICA LAS VEGAS
    701 E BRIDGER AVENUE
    LAS VEGAS,NV89101     		  PC EDUCATIONAL PROGRAM SUPPORT 250,000
    TEACH FOR AMERICA LOS ANGELES
    606 S OLIVE STREET
    LOS ANGELES,CA90014     		  PC EDUCATIONAL PROGRAM SUPPORT 250,000
    THE ALEXANDER DAWSON SCHOOL
    10845 WEST DESERT INN ROAD
    LAS VEGAS,NV89135     		  PC MEDICAL TUITION ASSISTANCE PROGRAM 49,175
    THE FRIENDS OF GREEN CHIMNEYS
    400 DOANSBURG ROAD
    BREWSTER,NV10509     		  PC EDUCATIONAL PROGRAM SUPPORT 300,000
    THE FRIENDSHIP FOUNDATION
    2108 VAIL AVENUE
    REDONDO BEACH,CA90278     		  PC EDUCATIONAL PROGRAM SUPPORT 250,000
    THE LEAP FOUNDATION
    2080 CENTURY PARK EAST
    LOS ANGELES,CA90067     		  PC HIGH SCHOOL SCHOLARSHIP PROGRAM 50,000
    THE MEADOWS SCHOOL
    8601 SCHOLAR LANE
    LAS VEGAS,NV89128     		  PC WINDSONG SCHOLARSHIP PROGRAM 400,000
    THE SALVATION ARMY
    180 EAST OCEAN BLVD
    LONG BEACH,CA90802     		  PC EDUCATIONAL PROGRAM SUPPORT AT THE RED SHIELD YOUTH AND COMMUNITY CENTER 120,000
    UPLIFT FAMILY SERVICES
    815 N EL CENTRO AVENUE
    LOS ANGELES,CA90038     		  PC ENDLESS SUMMER AFTER SCHOOL PROGRAM 166,000
    VISTA DEL MAR CHILD AND FAMILY SERVICES
    3200 MOTOR AVENUE
    LOS ANGELES,CA90034     		  PC ARTS ENRICHMENT AND VOCATIONAL EDUCATIONAL PROGRAMS 300,000
    VISTAMAR SCHOOL
    737 HAWAII STREET
    EL SEGUNDO,CA90245     		  PC TUITION ASSISTANCE 125,000
    WESTMARK SCHOOL
    5461 LOUISE AVE
    ENCINO,CA91316     		  PC TUITION ASSISTANCE 250,000
    WINDSONG INTERNATIONAL FOUNDATION
    JURIS BUILDING MAIL STREET
    CHARLESTOWN    
    SC     		  PF COVID EDUCATIONAL RELIEF ASSISTANCE 375,000
    WINDSONG INTERNATIONAL FOUNDATION
    JURIS BUILDING MAIN STREET
    CHARLESTOWN    
    SC     		  PF EDUCATIONAL PROGRAM SUPPORT 975,000
    YMCA OF SOUTHERN NEVADA
    4141 MEADOWS LANE
    LAS VEGAS,NV89107     		  PC EDUCATIONAL PROGRAM SUPPORT 120,000
    YOUNG AMERICA'S FOUNDATION
    217 STATE STREET
    SANTA BARBARA,CA93101     		  PC BERLIN WALL EDUCATION PROJECT AT THE REAGAN RANCH 270,000
    Total .................................bullet 3a 22,430,990
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 17,375,904  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 809,201  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 18,185,105 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    18,185,105
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    WINDSONG TRUST
    EIN:
    56-2461733
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 46,500 23,250   23,250

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    WINDSONG TRUST
    EIN:
    56-2461733
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    BUILDING 2009-11-10 710,000 185,082 SL 39.000000000000 18,205 0    
    LEASEHOLD IMPROVEMENTS 2009-11-10 3,500 915 SL 39.000000000000 90 0    
    LAND 2009-11-10 893,000   L   0 0    
    LEASEHOLD IMPROVEMENTS 2010-01-06 13,050 3,350 SL 39.000000000000 335 0    
    LEASEHOLD IMPROVEMENTS - CABINETS 2010-07-21 1,100 1,100 200DB 7.000000000000 0 0    
    LEASEHOLD IMPROVEMENTS - IRON RAILING 2010-07-27 650 650 200DB 7.000000000000 0 0    
    LEASEHOLD IMPROVEMENTS 2011-05-26 575   200DB 7.000000000000 0 0    
    LEASEHOLD IMPROVEMENTS 2011-06-06 2,283   200DB 7.000000000000 0 0    
    LEASEHOLD IMPROVEMENTS - A/C SYSTEM 2014-08-25 1,874 258 SL 39.000000000000 48 0    
    LEASEHOLD IMPROVEMENTS - A/C SYSTEM 2014-10-03 14,827 1,979 SL 39.000000000000 380 0    
    OFFICE FURNITURE 2014-03-11 1,250 564 200DB 7.000000000000 54 0    
    OFFICE FURNITURE 2014-05-13 1,250 549 200DB 7.000000000000 55 0    
    COMPUTERS 2014-12-03 10,541 5,270 200DB 5.000000000000 0 0    
    OFFICE FURNITURE 2016-10-31 8,143 2,640 200DB 7.000000000000 409 0    
    FURNITURE IMPROVEMENTS 2017-01-30 8,143 5,027 200DB 7.000000000000 890 0    
    COMPUTER 2017-10-04 3,218 1,635 200DB 7.000000000000 452 0    
    COMPUTER 2017-11-17 3,231 1,641 200DB 7.000000000000 454 0    
    LEASEHOLD IMPROVEMENTS 2018-05-15 21,566 8,363 200DB 7.000000000000 3,772 0    
    COMPUTER 2020-03-06 2,553   200DB 5.000000000000 2,553 0    
    COMPUTER 2020-05-05 3,585   200DB 5.000000000000 3,585 0    
    FURNITURE 2020-07-06 17,281   200DB 7.000000000000 17,281 0    
    OFFICE FURNITURE 2020-08-03 1,018   200DB 7.000000000000 1,018 0    
    FURNITURE 2020-09-08 3,551   200DB 7.000000000000 3,551 0    

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    TY 2020 ExpenditureResponsibilityStmt
    Name:
    WINDSONG TRUST
    EIN:
    56-2461733
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    WINDSONG INTERNATIONAL FOUNDATION
          		JURIS BUILDING MAIN STREET
    CHARLESTOWN    
    SC     		2020-02-28 975,000 EDUCATIONAL PROGRAM SUPPORT 975,000 THERE WERE NO DIVERSIONS OF THE GRANT FUNDS BY THE GRANTEE. REPORTS ARE PROVIDED THROUGHOUT THE YEAR. 2020-12-31 ALL GRANT FUNDS WERE EXPENDED FOR CHARITABLE PURPOSES.
    WINDSONG INTERNATIONAL FOUNDATION
          		JURIS BUILDING MAIN STREET
    CHARLESTOWN    
    SC     		2020-09-01 375,000 COVID EDUCATIONAL RELIEF ASSISTANCE 375,000 THERE WERE NO DIVERSIONS OF THE GRANT FUNDS BY THE GRANTEE. REPORTS ARE PROVIDED THROUGHOUT THE YEAR. 2020-12-31 ALL GRANT FUNDS WERE EXPENDED FOR CHARITABLE PURPOSES.

    TY 2020 InvestmentsOtherSchedule2
    Name:
    WINDSONG TRUST
    EIN:
    56-2461733
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ALTERNATIVE INVESTMENTS FMV 316,846,926 435,260,286
    CORPORATE BONDS FMV 5,902,114 6,115,599
    EQUITIES FMV 73,591,039 111,428,099
    MONEY MARKET FUNDS FMV 3,569,860 3,648,401

    TY 2020 LandEtcSchedule2
    Name:
    WINDSONG TRUST
    EIN:
    56-2461733
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDING 710,000 203,287 506,713  
    LEASEHOLD IMPROVEMENTS 3,500 1,005 2,495  
    LAND 893,000 0 893,000  
    LEASEHOLD IMPROVEMENTS 13,050 3,685 9,365  
    LEASEHOLD IMPROVEMENTS - CABINETS 1,100 1,100 0  
    LEASEHOLD IMPROVEMENTS - IRON RAILING 650 650 0  
    LEASEHOLD IMPROVEMENTS 575 575 0  
    LEASEHOLD IMPROVEMENTS 2,283 2,283 0  
    LEASEHOLD IMPROVEMENTS - A/C SYSTEM 1,874 306 1,568  
    LEASEHOLD IMPROVEMENTS - A/C SYSTEM 14,827 2,359 12,468  
    OFFICE FURNITURE 1,250 1,243 7  
    OFFICE FURNITURE 1,250 1,229 21  
    COMPUTERS 10,541 10,541 0  
    OFFICE FURNITURE 8,143 7,121 1,022  
    FURNITURE IMPROVEMENTS 8,143 5,917 2,226  
    COMPUTER 3,218 2,087 1,131  
    COMPUTER 3,231 2,095 1,136  
    LEASEHOLD IMPROVEMENTS 21,566 12,135 9,431  
    COMPUTER 2,553 2,553 0  
    COMPUTER 3,585 3,585 0  
    FURNITURE 17,281 17,281 0  
    OFFICE FURNITURE 1,018 1,018 0  
    FURNITURE 3,551 3,551 0  


    TY 2020 LegalFeesSchedule
    Name:
    WINDSONG TRUST
    EIN:
    56-2461733
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 93,839 0   93,839


    TY 2020 OtherAssetsSchedule
    Name:
    WINDSONG TRUST
    EIN:
    56-2461733
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    TAXES RECEIVABLE 19,757 71,307 71,307


    TY 2020 OtherDecreasesSchedule
    Name:
    WINDSONG TRUST
    EIN:
    56-2461733
    Description Amount
    50% MEALS AND ENTERTAINMENT 3,864


    TY 2020 OtherExpensesSchedule
    Name:
    WINDSONG TRUST
    EIN:
    56-2461733
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES AND SUBSCRIPTIONS 13,311 666   12,645
    POSTAGE AND DELIVERY 2,007 401   1,606
    OFFICE EXPENSES 2,870 574   2,296
    OFFICE SUPPLIES 2,900 580   2,320
    PROPERTY INSURANCE 475 24   451
    LICENSES AND PERMITS 250 50   200
    MEALS AND ENTERTAINMENT 3,864 386   3,478
    REPAIRS AND MAINTENANCE 2,233 112   2,121


    TY 2020 OtherIncreasesSchedule
    Name:
    WINDSONG TRUST
    EIN:
    56-2461733
    Description Amount
    BOOK TO TAX BASIS/DEPRECIATION ADJUSTMENT 22,643
    CHANGE IN ACCRUED INTEREST 4,931


    TY 2020 OtherLiabilitiesSchedule
    Name:
    WINDSONG TRUST
    EIN:
    56-2461733
    Description Beginning of Year - Book Value End of Year - Book Value
    ACCRUED INVESTMENT FEES 204,099 207,967
    ACCRUED PROFIT SHARING CONTRIBUTION 127,135 129,453
    ACCRUED LEGAL FEES 38,833 27,304
    ACCRUED EXPENSES - OTHER 1,326 826
    ACCRUED PAYROLL 10,431 20,861
    ACCRUED PAYROLL TAXES 192 0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    WINDSONG TRUST
    EIN:
    56-2461733
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT CONSULTANT FEES 2,356,292 2,356,292   0
    PAYROLL PROCESSING FEES 3,860 772   3,088
    ADMINISTRATIVE SUPPORT SERVICES 4,849 970   3,879


    TY 2020 TaxesSchedule
    Name:
    WINDSONG TRUST
    EIN:
    56-2461733
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 177,600 0   0
    FOREIGN TAXES 29,513 29,513   0
    PROPERTY TAXES 22,124 885   21,239
    STATE TAXES 235 0   235
    PAYROLL TAXES 42,229 2,112   40,117