Form990-PF
Click to see attachment

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
WASSERMAN FOUNDATION
 
% WASSERMAN FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)10900 WILSHIRE BLVD SUITE 1200
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LOS ANGELES, CA90024
A Employer identification number

95-6038762
B Telephone number (see instructions)

(310) 407-0200
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$147,525,911J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,570,958 1,581,301  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,573,356
b Gross sales price for all assets on line 6a 40,357,164
7 Capital gain net income (from Part IV, line 2)... 5,421,210
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).......   71,010  
12 Total. Add lines 1 through 11........ 4,144,314 7,073,521  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages...... 402,762 103,333   299,429
15 Pension plans, employee benefits....... 12,780 3,336   9,444
16a Legal fees (attach schedule)......... Click to see attachment 2,066 0 0 2,066
b Accounting fees (attach schedule)....... Click to see attachment 62,223 31,112 0 31,111
c Other professional fees (attach schedule).... Click to see attachment 1,373,952 1,194,902   179,050
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 74,236 41,052   24,236
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 4,265     4,265
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 177,451     177,451
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,109,735 1,373,735 0 727,052
25 Contributions, gifts, grants paid....... 10,862,012 10,862,012
26 Total expenses and disbursements. Add lines 24 and 25 12,971,747 1,373,735 0 11,589,064
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -8,827,433
b Net investment income (if negative, enter -0-) 5,699,786
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............. 726,140 838,961 838,961
2 Savings and temporary cash investments......... 2,138,692 2,282,776 2,282,776
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)....... 71,424,726 Click to see attachment74,667,814 74,667,814
c Investments—corporate bonds (attach schedule)....... 21,518,435 Click to see attachment21,008,636 21,008,636
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 46,973,533 Click to see attachment48,657,724 48,657,724
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment100,000 Click to see attachment70,000 Click to see attachment70,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 142,881,526 147,525,911 147,525,911
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 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........... 142,881,526 147,525,911
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)..... 142,881,526 147,525,911
30 Total liabilities and net assets/fund balances (see instructions). 142,881,526 147,525,911
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
142,881,526
2
Enter amount from Part I, line 27a .....................
2
-8,827,433
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
13,471,818
4
Add lines 1, 2, and 3 ..........................
4
147,525,911
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
147,525,911
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 SALE OF ARTWORK - ROSSON CROW P 2009-07-01 2020-02-15
b PUBLICLY TRADED SECURITIES P    
c PUBLICLY TRADED SECURITIES P    
d PUBLICLY TRADED SECURITIES: ORDINARY INC P    
e BLACKSTONE COMMERCIAL REAL ESTATE DEBT P   2020-12-29
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS 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 6,000   30,000 -24,000
b 12,782,944   12,399,193 383,751
c 24,294,291   22,502,601 1,791,690
d 0   4,160 -4,160
e 637   0 637
      263,507
      263,507
      263,507
      263,507
      263,507
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       -24,000
b       383,751
c       1,791,690
d       -4,160
e       637
       
       
       
       
       
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 5,421,210
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 79,227
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 79,227
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 79,227
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 88,941
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 50,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 138,941
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 59,714
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet59,714 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see list of attachments....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see list of attachments....
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
 
No
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 addressbulletWWW.WASSERMANFOUNDATION.ORG
    14
    The books are in care ofbulletWASSERMAN FOUNDATION Telephone no.bullet (310) 407-0200

    Located atbullet10900 WILSHIRE BLVD SUITE 1200LOS ANGELESCA ZIP+4bullet90024
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    CASEY WASSERMAN PRESIDENT/TRUSTEE
    2.0     		0 0 0
    10900 WILSHIRE BLVD SUITE 1200
    LOS ANGELES,CA90024
    STEVE GUISE SECRETARY
    0.0     		0 0 0
    10900 WILSHIRE BLVD SUITE 1200
    LOS ANGELES,CA90024
    RYAN BERENSON CFO
    2.0     		0 0 0
    10900 WILSHIRE BLVD SUITE 1200
    LOS ANGELES,CA90024
    MIKE WATTS TRUSTEE
    0.0     		0 0 0
    10900 WILSHIRE BLVD SUITE 1200
    LOS ANGELES,CA90024
    CHARLES PAUL TRUSTEE
    0.0     		0 0 0
    10900 WILSHIRE BLVD SUITE 1200
    LOS ANGELES,CA90024
    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
    RICA RODMAN EXECUTIVE DIRECTOR
    40.0     		310,000 10,009 0
    10900 WILSHIRE BLVD
    LOS ANGELES,CA90024
    CASSIDY CARROLL COORDINATOR
    40.0     		52,500 0 0
    10900 WILSHIRE BLVD
    LOS ANGELES,CA90024
    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
    WILLARD STREET PARTNERS ACCOUNTING/ADVISORY 350,000
    640 VIA DE LA PAZ
    PACIFIC PALISADES,CA90272
    JP MORGAN INVEST. MANAGEMENT 237,029
    2029 CENTURY PARK EAST 39TH FLOOR
    LOS ANGELES,CA90067
    BDT CAPITAL INVEST. MANAGEMENT 742,474
    401 N MICHIGAN AVENUE SUITE 3100
    CHICAGO,IL60611
    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.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    96,851,040
    b
    Average of monthly cash balances.......................
    1b
    3,129,131
    c
    Fair market value of all other assets (see instructions)................
    1c
    42,265,970
    d
    Total (add lines 1a, b, and c).........................
    1d
    142,246,141
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    142,246,141
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,133,692
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    140,112,449
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    7,005,622
    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
    7,005,622
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    79,227
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    11,710
    c
    Add lines 2a and 2b............................
    2c
    90,937
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,914,685
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    6,914,685
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    6,914,685
    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
    11,589,064
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    11,589,064
    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
    11,589,064
    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 6,914,685
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:2018, 2017, 2016 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 8,843,984
    b From 2016...... 14,190,609
    c From 2017...... 7,842,697
    d From 2018...... 6,312,075
    e From 2019...... 7,544,223
    fTotal of lines 3a through e........ 44,733,588
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 11,589,064
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 6,914,685
    e Remaining amount distributed out of corpus 4,674,379
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 49,407,967
    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......     		 
    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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		8,843,984
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		40,563,983
    10 Analysis of line 9:
    a Excess from 2016.... 14,190,609
    b Excess from 2017.... 7,842,697
    c Excess from 2018.... 6,312,075
    d Excess from 2019.... 7,544,223
    e Excess from 2020.... 4,674,379
    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).)
    NONE
    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.
    NONE
    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
    42 Analytics Educational
    310 Grove Street
    Wellesley,MA02482     		N/A PC MIT Sloan Sports Analytics Conference 35,000
    A Legends Lyfe Foundation
    817B Sebastian Bend
    Pflugerville,TX78660     		N/A PC 2020 Back-to-school Giveaway 4,000
    Academy Foundation
    8949 Wilshire Boulevard
    Beverly Hills,CA90211     		N/A PC Academy Museum of Motion Pictures 250,000
    Alliance for Children's Rights
    10536 Culver Blvd
    Culver City,CA90232     		N/A PC Annual Awards Dinner 10,000
    ANNIKA Foundation
    10524 Moss Park Road Suite 204-408
    Orlando,FL32832     		N/A PC Philanthropy Outing 10,000
    Border Angels
    2258 Island Avenue
    San Diego,CA92102     		N/A PC General Support 2,500
    Boys & Girls Clubs of Metro Los Angeles
    800 S Figueroa St Suite 950
    Los Angeles,CA90017     		N/A PC 2020 Holiday Gift Baskets 25,000
    Brentwood School
    100 S Barrington Place
    Los Angeles,CA90049     		N/A PC Brentwood, Even Better Capital Campaign 250,000
    Broadway Cares Equity Fights Aids Inc
    165 W 46th St Suite 1300
    New York,NY10036     		N/A PC 2020 Quarantunes Fundraiser 25,000
    Cameron Champ Foundation
    7000 Verner Avenue
    Citrus Heights,CA95621     		N/A PC Cameron Champ Foundation Golf Classic 10,000
    Campbell Hall
    4533 Laurel Canyon Blvd
    Studio City,CA91607     		N/A PC Endowment Campaign 200,000
    Cedars-Sinai
    8700 Beverly Blvd Suite 2416
    Los Angeles,CA90048     		N/A PC Covid-19 - Quarantunes Fund 25,000
    Champions of the Community Inc
    6189 Memorial Drive
    Dublin,OH43017     		N/A PC Nationwide Children's Hospital Champions of the Community 85,000
    Charley Hoffman Foundation
    3914 Murphey Canyon Road Suite 170
    San Diego,CA92123     		N/A PC San Diego Pro-Am 12,000
    Chris Long Foundation
    100 S Brentwood Blvd Suite 500
    St Louis,MO63105     		N/A PC Hoops2o 10,000
    Clinton Foundation
    1633 Broadway 5th Floor
    New York,NY10019     		N/A PC Annual Fund 500,000
    College Track
    2130 E 1st Street
    Los Angeles,CA90033     		N/A PC Watts 50,000
    Communities in Schools of Los Angeles
    2000 Avenue of the Stars
    Los Angeles,CA90067     		N/A PC CIS Watts 40,000
    Delevan Drive Elementary PTA
    4431 Sunnycrest Drive
    Los Angeles,CA90065     		N/A PC 2020 Koala Giving Tree Fundraiser 1,000
    Echoes of Hope
    555 N Nash Street
    El Segundo,CA90245     		N/A PC 2020 Cirque du Soleil & Echoes of Hope Premiere Night 5,000
    Equal Justice Initiative
    122 Commerce Street
    Montgomery,AL36104     		N/A PC General Support 31,250
    Fellowship of Christian Athletes
    7735 139th Court
    Apple Valley,MN55124     		N/A PC SXMX Ministry 20,000
    Foundation Fighting Blindness
    7168 Columbia Gateway Drive Suite
    Columbia,MD21046     		N/A PC The Campaign to End Blindness 20,000
    Fundacion CAP
    PO Box 10807
    San Juan,PR00922     		N/A PC The Makina Strikeout Challenge 10,000
    Geffen Playhouse Inc
    10886 Le Conte Avenue
    Los Angeles,CA90024     		N/A PC General Donation 5,000
    Giant Steps Therapeutic Equestrian Center
    1320 Commerce Street Suite A
    Petaluma,CA94954     		N/A PC Giant Steps Charity Classic 15,000
    Golden Isles Leadership Foundation
    3528 Darien Highway Suite 232
    Brunswick,GA31525     		N/A PC Pappy Cup 10,000
    Golf Fights Cancer
    300 Arnold Palmer Boulevard
    Norton,MA02766     		N/A PC General donation 10,000
    Greater Los Angeles Zoo Association
    5333 Zoo Drive
    Los Angeles,CA90027     		N/A PC Safari Society 30,000
    Harvard-Westlake School
    700 North Faring Road
    Los Angeles,CA90077     		N/A PC Annual Giving 50,000
    Heart of Los Angeles
    2701 Wilshire Blvd Suite 100
    Los Angeles,CA90057     		N/A PC Capital Campaign 25,000
    Holt Brothers Foundation
    421 Fayetteville Street Suite 1300
    Raleigh,NC27601     		N/A PC 2020 Game On Virtual Fundraiser 1,000
    In the Family Way
    PO Box 8401
    Santa Fe,NM87504     		N/A PC Support and Feed Covid-19 Crisis Response 25,000
    International Community Foundation
    2505 N Avenue
    National City,CA91950     		N/A PC Covid-19 Response in Tijuana 5,000
    Jazz at Lincoln Center
    3 Columbus Circle Suite 1200
    New York,NY10019     		N/A PC In Honor of David Stern 25,000
    JDRF
    811 Wilshire Blvd Suite 1600
    Los Angeles,CA90017     		N/A PC Imagine Gala 7,500
    Kids Progress Inc
    2600 Wilshire Blvd
    Los Angeles,CA90057     		N/A PC 2020 Holiday Giftcard Giveaway 5,000
    King Baudouin Foundation United States
    10 Rockefeller Plaza 16th Floor
    New York,NY10020     		N/A PC Wasserman Serve Day Belgium benefitting Fund Live 2020 3,000
    LA Family Housing
    360 N Pacific Coast Highway Suite
    El Segundo,CA90245     		N/A PC 2020 LAFH AWARDS 25,000
    LOS ANGELES COUNTY MUSEUM OF ART
    5905 Wilshire Blvd
    Los Angeles,CA90036     		N/A PC Momentum Campaign 500,000
    LOS ANGELES COUNTY MUSEUM OF ART
    5905 Wilshire Blvd
    Los Angeles,CA90036     		N/A PC Annual Dues 100,000
    Lyndon Baines Johnson Foundation
    2313 Red River Street
    Austin,TX78705     		N/A PC LBJ School 50th Anniversary 50,000
    Leadville Trail 100 Legacy Foundation
    PO Box 1
    Leadville,CO80461     		N/A PC Eric Grubman's Fundraising Effort 2,500
    Los Angeles Center for Law and Justice
    5301 Whittier Blvd 4th Floor
    Los Angeles,CA90022     		N/A PC 47th Annual Anniversary Awards Gala 10,000
    Los Angeles Fire Department Foundation
    1875 Century Park E Suite 200
    Los Angeles,CA90067     		N/A PC Fire Season Matching Grant 100,000
    Los Angeles Free Clinic
    8405 Beverly Blvd
    Los Angeles,CA90048     		N/A PC Covid-19 Response 25,000
    Los Angeles Philharmonic Association
    151 S Grand Avenue
    Los Angeles,CA90012     		N/A PC YOLA 25,000
    Los Angeles Police Foundation
    633 W 5th Street Suite 960
    Los Angeles,CA90071     		N/A PC LAPF Capital Campaign 200,000
    Los Angeles Regional Food Bank
    1734 E 41st Street
    Vernon,CA90058     		N/A PC Covid-19 Response 25,000
    Los Angeles Sports Council Foundation
    145 Bay Street Unit 10
    Santa Monica,CA90405     		N/A PC 15th Annual LA Sports Awards 10,000
    Make-A-Wish Eastern North Carolina
    3809 Computer Drive Suite 201
    Raleigh,NC27609     		N/A PC Wish Ball 10,000
    March of Dimes
    515 Madison Avenue 20th Floor
    New York,NY10022     		N/A PC 14th Annual Golf Classic 12,000
    March of Dimes
    515 Madison Avenue 20th Floor
    New York,NY10022     		N/A PC Annual Sports Luncheon 25,000
    Marcus High School Golf Boosters Club
    4218 Liberty Court
    Flower Mound,TX75028     		N/A PC 2020 Golf Challenge 1,500
    MATTER
    7005 Oxford Street
    St Louis Park,MN55426     		N/A PC Gorgui Dieng Project: Senegal 10,000
    Mayor's Fund for Los Angeles
    200 N Spring Street Room 305B
    Los Angeles,CA90012     		N/A PC Coronavirus Support 500,000
    Mayor's Fund for Los Angeles
    200 N Spring Street Room 305B
    Los Angeles,CA90012     		N/A PC Support for Mask Giveaway Initiative 50,000
    Motion Picture & Television Fund
    23388 Mulholland Drive
    Woodland Hills,CA91364     		N/A PC MPTF Campaign 700,000
    NAACP Legal Defense & Education Fund
    40 Rector Street 5th Floor
    New York,NY10006     		N/A PC General Support 31,250
    National Kidney Foundation
    15490 Ventura Blvd Suite 205
    Sherman Oaks,CA91403     		N/A PC General Support 25,000
    Nationwide Children's Hospital Foundation
    5760 Memorial Drive
    Dublin,OH43017     		N/A PC 2020 Virtual Legends Luncheon 8,000
    NY Cares Inc
    65 Broadway 19th Floor
    New York,NY10006     		N/A PC Wasserman Serve Day 2020 36,345
    Ohio State University Foundation
    1480 West Lane Avenue
    Columbus,OH43221     		N/A PC OSU James Hospital Cancer Center 13,500
    Overtown Youth Center
    100 S Biscayne Blvd 8th Floor
    Miami,FL33131     		N/A PC Thanksgiving Turkey Drive 2,500
    Partnership for Los Angeles Schools
    1055 Wilshire Blvd Suite 1850
    Los Angeles,CA90017     		N/A PC Covid-19 Watts Response Fund 50,000
    Partnership for Los Angeles Schools
    1055 Wilshire Blvd Suite 1850
    Los Angeles,CA90017     		N/A PC Partnership Watts Schools 750,000
    Pepperdine University
    24255 Pacific Coast Highway
    Malibu,CA90263     		N/A PC Pepperdine Associates Dinner 5,000
    Players Philanthropy Fund
    1122 Kenilworth Drive Suite 502
    Towson,MD21204     		N/A PC PAF Charity Challenge 10,000
    Professional Baseball Scouts Foundation
    3914 Corte Cancion
    Thousand Oaks,CA91360     		N/A PC Annual Spirit of the Game Dinner 7,500
    Project Isaiah
    2121 George Halas Drive NW
    Canton,OH44708     		N/A PC Project Isaiah Wondalunch Program 15,000
    Project Scientist
    PO Box 515
    Laguna Beach,CA92652     		N/A PC Scholarships for 99th Street Elementary & Idtech Camp 65,000
    Russell Westbrook Why Not Foundation
    10960 Wilshire Blvd 5th Floor
    Los Angeles,CA90024     		N/A PC 2020 Why Not? Bowl 10,000
    Safe Place for Youth
    578 Washington Blvd Suite 398
    Marina del Rey,CA90292     		N/A PC CityPak Project 2,500
    So Cal Rising STARS
    1500 S Anaheim Blvd Suite 160
    Anaheim,CA92805     		N/A PC General Support 5,000
    Social Impact Fund
    256 S Robertson Blvd Suite 212
    Beverly Hills,CA90211     		N/A PC Show Me Campaign / Quarantunes Fundraiser for FreeAmerica 25,000
    Southern California Equestrian Sports
    1902 Orangetree Lane Suite 130
    Redlands,CA92374     		N/A PC GENERAL SUPPORT 20,000
    Southern Poverty Law Center
    400 Washington Avenue
    Montgomery,AL36104     		N/A PC GENERAL SUPPORT 31,250
    St Jude Children's Research Hospital
    501 St Jude Place
    Memphis,TN38105     		N/A PC Rich Eisen's #RunRichRun fundraising campaign 2,500
    St Monica Catholic High School
    1030 Lincoln Blvd
    Santa Monica,CA90403     		N/A PC Training Equipment for Athletic Department 10,000
    The Bennett Foundation
    10608 NE 13th Street
    Bellevue,WA98004     		N/A PC Champions for Change Launch 5,000
    The Clark Family Dreams Do Come True Foundation
    1122 Kenilworth Drive Suite 201
    Towson,MD21204     		N/A PC 2020 Toy and Blanket Giveaway 3,000
    The Devon Horse Show & Country Fair Foundation
    PO Box 865
    Devon,PA19333     		N/A SO II Devon Horse Show 10,000
    THE FIRST TEE OF PIKES PEAK
    66510-A South Academy Blvd Suite
    Colorado Springs,CO80906     		N/A PC GENERAL SUPPORT 250,000
    The Mission Continues
    PO Box 776792
    Chicago,IL60677     		N/A PC LA Service Platoon/Watts Work 75,000
    The Naval Academy Foundation
    274 Wood Road
    Annapolis,MD21402     		N/A PC Eric Grubman's Fundraising Effort 2,500
    The Painted Turtle
    10536 Culver Blvd
    Culver City,CA90232     		N/A PC BINGO AT THE ROXY EVENT 10,000
    The Shed
    423 West 55th Street 7th Floor
    New York,NY10019     		N/A PC The Shed Capital Campaign 400,000
    Tides Foundation
    PO Box 399389
    San Francisco,CA94139     		N/A PC Florida Rights Restoration Coalition Education Fund 2,500
    Tony Blair Foundation
    237 West 35th Street Suite 1101
    New York,NY10001     		N/A PC General Support 166,667
    UCLA Foundation
    10889 Wilshire Blvd Suite 1100
    Los Angeles,CA90024     		N/A PC Wasserman Endowed Dean 600,000
    UCLA Foundation
    PO Box 7145
    Pasadena,CA91109     		N/A PC UCLA Wasserman Term Chair of Innovation in Head & Neck Surgery 200,000
    UCLA Foundation
    PO Box 7145
    Pasadena,CA91109     		N/A PC Pauley Pavilion 1,500,000
    UCLA Foundation
    PO Box 7145
    Pasadena,CA91109     		N/A PC Athletics Capital Project 1,500,000
    UCLA Foundation
    PO Box 7145
    Pasadena,CA91109     		N/A PC UCLA Center for Childhood Anxiety Prevention and Treatment 500,000
    UJA Federation of New York
    130 East 59th Street Suite 967
    New York,NY10022     		N/A PC The Wall Street Dinner 10,000
    United States Olympic & Paralympic Foundation
    1 Olympic Plaza
    Colorado Springs,CO80909     		N/A PC General Support 75,000
    United Way of Greater San Antonio
    PO Box 898
    San Antonio,TX78293     		N/A PC General Support 10,000
    USC Annenberg School
    11444 W Olympic Blvd Suite 120
    Los Angeles,CA90064     		N/A PC Annual Dues 5,000
    Utah Sports Commission Foundation
    201 S Main Street Suite 2125
    Salt Lake City,UT84111     		N/A PC Utah Championship benefiting the Tony Finau Foundation 20,000
    Valero Energy Foundation
    1 Valero Way Suite C2-113E
    San Antonio,TX78249     		N/A PC 2020 Champions Fore Charity 20,000
    Vera Institute of Justice
    34 35th Street Suite 4-2A
    Brooklyn,NY11232     		N/A PC General Support 31,250
    VoteAmerica
    14 Hudson Avenue Suite 403
    Glen Falls,NY12801     		N/A PC General Support 2,500
    Voto Latino Foundation
    1300 L Street NW Suite 975
    Washington,DC20005     		N/A PC General Support 2,500
    Wallis Annenberg Center for Performing Arts
    9390 N Santa Monica Blvd
    Beverly Hills,CA90210     		N/A PC School Partners Program 100,000
    Washington International Horse Show
    915 Blue Ridge Drive
    Annapolis,MD21409     		N/A PC Washington International Horse Show Finals and Championships 5,000
    William J Brennan Jr Center for Justice
    120 Broadway Suite 1750
    New York,NY10271     		N/A PC General Support 2,500
    Total .................................bullet 3a 10,862,012
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 1,570,958  
    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 2,573,356  
    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)..   4,144,314  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,144,314
    (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:
    WASSERMAN FOUNDATION
    EIN:
    95-6038762
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 62,223 31,112   31,111

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

    TY 2020 DepreciationSchedule
    Name:
    WASSERMAN FOUNDATION
    EIN:
    95-6038762
    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

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

    TY 2020 ExpenditureResponsibilityStmt
    Name:
    WASSERMAN FOUNDATION
    EIN:
    95-6038762
    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
    Mahan Foundation
          		6060 Parkland Blvd Suite 100
    Cleveland,OH44124     		2019-04-24 10,000 To be used for the Match Play Event 10,000 NO 07/10/2020 2020-07-10 VERIFICATION CONFIRMED THAT $10,000 WAS SPENT TOWARD THE GRANT PURPOSE WITH NO DIVERSION.
    Flamboyan Foundation
          		1730 Massachusetts Ave NW
    Washington,DC20036     		2019-01-29 25,000 Flamboyan Arts Fund 25,000 NO 10/12/2020 2020-10-12 VERIFICATION CONFIRMED THAT $25,000 WAS SPENT TOWARD THE GRANT PURPOSE WITH NO DIVERSION.

    TY 2020 GeneralExplanationAttachment
    Name:
    WASSERMAN FOUNDATION
    EIN:
    95-6038762
    Identifier Return Reference Explanation
    ELECTION TO AMORTIZE BOND PREMIUM FORM 990-PF, PAGE 1, PART I, LINE 4 IRC SECTION 171(C) THE WASSERMAN FOUNDATION HEREBY ELECTS UNDER SECTION 171(C) OF THE INTERNAL REVENUE CODE TO AMORTIZE BOND PREMIUM PURSUANT TO TREASURY REGULATION 1.171-4(A).

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    WASSERMAN FOUNDATION
    EIN:
    95-6038762
    Name of Bond End of Year Book Value End of Year Fair Market Value
    DOUBLELINE TOTAL RET BD-I 1,787,957 1,787,957
    WESTPAC BNKG CORP 21,474 21,474
    PIMCO TOTAL RETURN FD-INST 2,920,195 2,920,195
    J.P. MORGAN - SEE STATEMENT 3,893,028 3,893,028
    DODGE & COX INCOME FD 2,764,494 2,764,494
    BLCKRCK HI YLD BND PORT-K 4,635,675 4,635,675
    VANGUARD TOTAL BOND MARKET IND 1,397,659 1,397,659
    SCHWAB U.S. TIPS ETF 948,893 948,893
    ORIX CORP 25,910 25,910
    PIMCO INV GRD CRD BND-INST 2,613,351 2,613,351

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    WASSERMAN FOUNDATION
    EIN:
    95-6038762
    Name of Stock End of Year Book Value End of Year Fair Market Value
    J.P. MORGAN - SEE STATEMENT 59,723,651 59,723,651
    J.P. MORGAN - SEE STATEMENT 1,939,815 1,939,815
    VINTAGE III 62,954 62,954
    WHITEHALL STREET INTERNATIONAL 17,590 17,590
    BLACKSTONE COMMERCIAL REAL EST 0 0
    HIGHBRIDGE MEZZANINE PARTNERS 306,735 306,735
    HPS MEZZANINE PRIVATE INVESTOR 988,701 988,701
    PEG CHINA PRIVATE INVESTOR 173,851 173,851
    HPS CORE SENIOR LENDING OFFSHO 50,441 50,441
    J.P. MORGAN - SEE STATEMENT 4,860,940 4,860,940
    CRP VIII (CARLYLE) PRIVATE 1,118,358 1,118,358
    HPS MEZZANINE PRIVATE INVESTOR 2,601,090 2,601,090
    APOLLO EPF III PRIVATE INVEST 945,660 945,660
    HPS MEZZANINE PRIVATE INVESTOR 1,103,808 1,103,808
    ORBIMED ROYALTIES III PRIVATE 774,220 774,220

    TY 2020 InvestmentsOtherSchedule2
    Name:
    WASSERMAN FOUNDATION
    EIN:
    95-6038762
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    K-2 MEDIA LLC FMV 179,755 179,755
    TURNER-AGASSI CHARTER SCHOOL FMV 39,671 39,671
    GRE II PRIVATE INVESTORS, LLC FMV 2,679,935 2,679,935
    TURNER HEALTHCARE FACILITIES FMV 733,118 733,118
    VII INTRASTAR PARTNERS, LLC FMV 6,343 6,343
    BDT CAPITAL PARTNERS FUND 3 (T FMV 5,499,450 5,499,450
    CENTERVIEW CAPITAL, L.P. FMV 1,907,143 1,907,143
    BDT CAPITAL PARTNERS FUND I-A, FMV 20,888,079 20,888,079
    FUND II-A SPIRITS, LP FMV 232,270 232,270
    ISHARES GOLD TRUST FMV 2,785,548 2,785,548
    BDT CAPITAL PARTNERS FUND II FMV 12,503,771 12,503,771
    ART AGENCY PARTNERS ASSOCIATES FMV 139,185 139,185
    THE KITCHEN CAFE, LLC FMV 67,186 67,186
    PIMCO COMMODITYPL STRAT-INS FMV 996,270 996,270
    TORTOISE MLP & PIPELINE INST FMV 0 0

    TY 2020 LegalFeesSchedule
    Name:
    WASSERMAN FOUNDATION
    EIN:
    95-6038762
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 2,066     2,066


    TY 2020 OtherAssetsSchedule
    Name:
    WASSERMAN FOUNDATION
    EIN:
    95-6038762
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ARTWORK 100,000 70,000 70,000


    TY 2020 OtherExpensesSchedule
    Name:
    WASSERMAN FOUNDATION
    EIN:
    95-6038762
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 24,907     24,907
    OFFICE EXPENSE 544     544
    BANK FEES 1,040     1,040
    SERVICE DAY EXPENSES 150,960     150,960


    TY 2020 OtherIncomeSchedule2
    Name:
    WASSERMAN FOUNDATION
    EIN:
    95-6038762
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIP INCOME   45,463  
    ORDINARY INCOME FROM SALES OF SECURITIES   4,160  
    OTHER INVESTMENT INCOME   21,387  


    TY 2020 OtherIncreasesSchedule
    Name:
    WASSERMAN FOUNDATION
    EIN:
    95-6038762
    Description Amount
    UNREALIZED GAIN ON INVESTMENT 13,471,818


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    WASSERMAN FOUNDATION
    EIN:
    95-6038762
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 1,019,902 1,019,902    
    ADVISORY FEES 350,000 175,000   175,000
    CONSULTING FEES 4,050     4,050


    TY 2020 TaxesSchedule
    Name:
    WASSERMAN FOUNDATION
    EIN:
    95-6038762
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES   41,052    
    PAYROLL TAXES 24,076     24,076
    FILING FEES 150     150
    STATE TAXES 10     10
    FEDERAL TAXES 50,000