Form990-PF
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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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
WILLIAMS-CORBETT FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 50340
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SANTA BARBARA, CA93150
A Employer identification number

77-6150330
B Telephone number (see instructions)

(805) 884-4334
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$27,092,557J 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) 848,314
2 Check bullet.............
3 Interest on savings and temporary cash investments 100,338 100,338 100,338
4 Dividends and interest from securities... 383,820 383,820 383,820
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 540,681
b Gross sales price for all assets on line 6a 5,370,090
7 Capital gain net income (from Part IV, line 2)... 540,681
8 Net short-term capital gain......... 65,399
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 69,488    
12 Total. Add lines 1 through 11........ 1,942,641 1,024,839 549,557
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 9,000 9,000    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 31,223 31,223    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 176,303 176,303    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 216,526 216,526   0
25 Contributions, gifts, grants paid....... 1,040,602 1,040,602
26 Total expenses and disbursements. Add lines 24 and 25 1,257,128 216,526   1,040,602
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 685,513
b Net investment income (if negative, enter -0-) 808,313
c Adjusted net income (if negative, enter -0-)... 549,557
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 671,856 358,052 358,052
2 Savings and temporary cash investments.........      
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) 2,352,716 2,272,875 2,313,979
b Investments—corporate stock (attach schedule)....... 6,867,002 8,991,070 12,750,118
c Investments—corporate bonds (attach schedule)....... 4,364,215 5,057,467 5,229,077
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,872,951 4,134,789 6,441,331
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,128,740 20,814,253 27,092,557
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
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 20,128,740 20,814,253
29 Total net assets or fund balances (see instructions)..... 20,128,740 20,814,253
30 Total liabilities and net assets/fund balances (see instructions). 20,128,740 20,814,253
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
20,128,740
2
Enter amount from Part I, line 27a .....................
2
685,513
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
20,814,253
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
20,814,253
Form 990-PF (2021)
Form 990-PF (2021)
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 112 AAPL - APPLE INC COM STK P 2021-01-11 2021-01-12
b 16 ABBV - ABBVIE INC COM USD0.01 P 2020-04-13 2021-01-12
c 22 ABBV - ABBVIE INC COM USD0.01 P 2021-01-11 2021-01-12
d 24 ABT - ABBOTT LAB COM P 2021-01-11 2021-07-07
e 20 ABT - ABBOTT LAB COM P 2020-04-13 2021-07-07
4 ADBE - ADOBE SYS INC COM P 2020-04-13 2021-07-07
21 ADP - AUTOMATIC DATA PROCESSING INC COM P 2020-04-13 2021-07-07
28 ADP - AUTOMATIC DATA PROCESSING INC COM P 2021-01-12 2021-07-07
17 ADP - AUTOMATIC DATA PROCESSING INC COM P 2021-01-11 2021-07-07
23 AEE - AMEREN CORP COM P 2020-08-04 2021-01-12
19 AEE - AMEREN CORP COM P 2021-01-11 2021-01-12
44 AIZ - ASSURANT INC COM P 2021-01-12 2021-07-07
50,000.00 ALPHABET INC 1.1% DUE 08-15-2030 - 02079KAD9 P 2020-08-03 2021-08-11
40,000.00 AMAZON COM INC 1.5% DUE 06-03-2030 - 023135BS4 P 2020-06-01 2021-05-10
10,000.00 AMAZON COM INC 1.5% DUE 06-03-2030 - 023135BS4 P 2020-06-01 2021-05-10
20,000.00 AMERN EXPRESS CO 3.125% DUE 05-20-2026 - 025816CF4 P 2019-05-15 2021-11-01
30,000.00 AMERN EXPRESS CO 3.125% DUE 05-20-2026 - 025816CF4 P 2019-05-15 2021-11-01
1 AMGN - AMGEN INC COM P 2020-04-13 2021-07-07
4 AMT - AMERICAN TOWER CORP P 2020-04-13 2021-01-12
3 AMZN - AMAZON COM INC COM P 2020-04-13 2021-07-07
50,000.00 APPLE INC 1.65% DUE 02-08-2031 - 037833ED8 P 2021-02-01 2021-07-29
25,000.00 APPLE INC 1.65% DUE 05-11-2030 - 037833DU1 P 2020-05-04 2021-02-02
25,000.00 APPLE INC 1.65% DUE 05-11-2030 - 037833DU1 P 2020-05-04 2021-02-02
3 ATVI - ACTIVISION BLIZZARD INC COM STK P 2020-08-04 2021-01-12
3 ATVI - ACTIVISION BLIZZARD INC COM STK P 2021-01-11 2021-01-12
25,000.00 AVALONBAY CMNTYS INC MEDIUM TERM NTS 2.3% DUE 03-01-2030 - 05348EBG3 P 2020-02-10 2021-08-04
25,000.00 AVALONBAY CMNTYS INC MEDIUM TERM NTS 2.3% DUE 03-01-2030 - 05348EBG3 P 2020-02-11 2021-08-04
4 AVGO - BROADCOM INC COM P 2020-04-13 2021-07-07
54 AXP - AMERICAN EXPRESS CO P 2020-04-13 2021-01-12
48 AXP - AMERICAN EXPRESS CO P 2021-01-11 2021-01-12
5 BAC - BANK OF AMERICA CORP P 2021-01-12 2021-07-07
50,000.00 BANK AMER CORP FLTG RT 1.658% DUE 03-11-2027 - 06051GJQ3 P 2021-03-08 2021-07-15
25,000.00 BANK N S HALIFAX 4.375% DUE 01-13-2021 - 064149C88 P 2013-02-07 2021-01-13
50,000.00 BANK NOVA SCOTIA B C 1.05% DUE 03-02-2026 REG - 0641593U8 P 2021-02-24 2021-09-13
2 BKNG - BOOKING HLDGS INC COM P 2021-01-11 2021-07-07
1 BKNG - BOOKING HLDGS INC COM P 2020-04-13 2021-07-07
75,000.00 BLACKROCK INC 3.2% DUE 03-15-2027 - 09247XAN1 P 2021-01-07 2021-03-23
12 BLK - BLACKROCK INC COM STK P 2021-01-12 2021-07-07
14 BRK.B - BERKSHIRE HATHAWAY INC-CL B P 2021-01-12 2021-07-07
9 BRK.B - BERKSHIRE HATHAWAY INC-CL B P 2021-01-11 2021-07-07
4 C - CITIGROUP INC COM NEW COM NEW P 2020-04-13 2021-07-07
6 CACC - CREDIT ACCEP CORP MICH COM P 2021-01-11 2021-07-07
10 CACC - CREDIT ACCEP CORP MICH COM P 2020-04-13 2021-07-07
4 CAT - CATERPILLAR INC COM P 2020-04-13 2021-01-12
35,000.00 CATERPILLAR FINL .9% DUE 03-02-2026 - 14913R2K2 P 2021-02-22 2021-09-08
13 CB - CHUBB LTD ORD CHF24.15 P 2021-01-11 2021-07-07
22 CB - CHUBB LTD ORD CHF24.15 P 2020-04-13 2021-07-07
4 CB - CHUBB LTD ORD CHF24.15 P 2021-01-11 2021-01-12
14 CBSH - COMM BANCSHARES INC COM P 2021-01-11 2021-01-12
16 CBSH - COMM BANCSHARES INC COM P 2020-04-13 2021-01-12
43 CHRW - C H ROBINSON WORLDWIDE INC COM NEW COM NEW P 2020-08-04 2021-01-12
34 CHRW - C H ROBINSON WORLDWIDE INC COM NEW COM NEW P 2021-01-11 2021-01-12
2 CHTR - CHARTER COMMUNICATIONS INC NEW CL A CL A P 2020-04-13 2021-07-07
3 CHTR - CHARTER COMMUNICATIONS INC NEW CL A CL A P 2021-01-11 2021-01-12
50,000.00 CITIBANK N A 3.4% 07-23-2021 - 17325FAQ1 P 2018-07-16 2021-06-23
50,000.00 CITIGROUP INC 2.561% DUE 05-01-2032 BEO - 172967MY4 P 2021-04-27 2021-10-27
7 CL - COLGATE-PALMOLIVE CO COM P 2020-04-13 2021-07-07
10 CL - COLGATE-PALMOLIVE CO COM P 2021-01-11 2021-01-12
61 CMCSA - COMCAST CORP NEW-CL A P 2020-04-13 2021-01-12
49 CMCSA - COMCAST CORP NEW-CL A P 2021-01-11 2021-01-12
20,000.00 COSTCO WHSL CORP FIXED 1.375% DUE 06-20-2027 - 22160KAN5 P 2020-04-16 2021-08-11
30,000.00 COSTCO WHSL CORP FIXED 1.375% DUE 06-20-2027 - 22160KAN5 P 2020-04-16 2021-08-11
22 CSCO - CISCO SYSTEMS INC P 2021-01-11 2021-01-12
18 CSX - CSX CORP COM STK P 2021-01-12 2021-07-07
4 CTAS - CINTAS CORP COM P 2021-01-11 2021-01-12
4 CTAS - CINTAS CORP COM P 2020-04-13 2021-01-12
68 CTXS - #REORG/CITRIX CASH MERGER CITRIX 10-03-2022 P 2021-01-12 2021-07-07
24 CVX - CHEVRON CORP COM P 2020-04-13 2021-07-07
13 CVX - CHEVRON CORP COM P 2021-01-11 2021-07-07
6 CVX - CHEVRON CORP COM P 2021-01-11 2021-01-12
26 ECL - ECOLAB INC COM STK USD1 P 2020-04-13 2021-07-07
5 ECL - ECOLAB INC COM STK USD1 P 2021-01-11 2021-01-12
23 ELV - ELEVANCE HEALTH INC P 2020-04-13 2021-01-12
19 ELV - ELEVANCE HEALTH INC P 2021-01-11 2021-01-12
87 EXC - EXELON CORP COM P 2021-01-11 2021-01-12
110 EXC - EXELON CORP COM P 2020-04-13 2021-01-12
15 EXPD - EXPEDITORS INTL WASH INC COM P 2021-01-11 2021-07-07
1 EXPD - EXPEDITORS INTL WASH INC COM P 2021-01-11 2021-01-12
7 FCNCA - FIRST CTZNS BANCSHARES INC N C CL A CL A P 2021-01-11 2021-01-12
8 FCNCA - FIRST CTZNS BANCSHARES INC N C CL A CL A P 2020-04-13 2021-01-12
50,000.00 FHLB1 - FHLB TRANCHE 00031 1.875 11-29-2021 P 2017-06-19 2021-11-29
50,000.00 FHLB1 - FHLB TRANCHE 00068 1.375 02-18-2021 P 2016-06-23 2021-02-18
106 GILD - GILEAD SCIENCES INC P 2020-04-13 2021-01-12
75 GILD - GILEAD SCIENCES INC P 2021-01-11 2021-01-12
48,216.01 GJRTX - MFO GOLDMAN SACHS TR ABSOLUTE RETURN TRACKER FD CL I P 2021-04-22 2021-10-25
25,000.00 GOLDMAN SACHS 3.625% DUE 02-20-2024 - 38141GXE9 P 2019-02-13 2021-03-23
50,000.00 GOLDMAN SACHS GROUP INC 2.6% DUE 02-07-2030 - 38141GXG4 P 2020-02-05 2021-01-21
7 GOOGL - ALPHABET INC CAPITAL STOCK USD0.001 CL A P 2021-01-11 2021-01-12
3 GS - GOLDMAN SACHS GROUP INC COM P 2021-01-12 2021-07-07
10,347.00 GUNR - MFC FLEXSHARES TR MORNINGSTAR GLOBAL UPSTREAM NAT RES INDEX FD P 2017-01-04 2021-01-06
7,378.00 GUNR - MFC FLEXSHARES TR MORNINGSTAR GLOBAL UPSTREAM NAT RES INDEX FD P 2013-04-22 2021-01-06
3 HD - HOME DEPOT INC COM P 2020-04-13 2021-07-07
93 HE - HAWAIIAN ELEC INDS INC COM P 2020-04-13 2021-01-12
74 HE - HAWAIIAN ELEC INDS INC COM P 2021-01-11 2021-01-12
20,000.00 HOME DEPOT INC .9% DUE 03-15-2028 - 437076CE0 P 2021-01-04 2021-09-07
30,000.00 HOME DEPOT INC .9% DUE 03-15-2028 - 437076CE0 P 2021-01-04 2021-09-07
35,000.00 HOME DEPOT INC 2.5% DUE 04-15-2027 - 437076CA8 P 2020-03-26 2021-01-05
15,000.00 HOME DEPOT INC 2.5% DUE 04-15-2027 - 437076CA8 P 2020-03-26 2021-01-05
5 HON - HONEYWELL INTL INC COM STK P 2021-01-11 2021-07-07
1 HON - HONEYWELL INTL INC COM STK P 2021-01-12 2021-07-07
5 HON - HONEYWELL INTL INC COM STK P 2020-04-13 2021-07-07
20,000.00 HONEYWELL INTL INC 1.35% DUE 06-01-2025 REG - 438516CB0 P 2020-05-14 2021-08-02
1 IBM - INTERNATIONAL BUSINESS MACHS CORP COM P 2020-04-13 2021-07-07
3 IBM - INTERNATIONAL BUSINESS MACHS CORP COM P 2021-01-11 2021-01-12
6 INTC - INTEL CORP COM P 2020-04-13 2021-07-07
16 INTC - INTEL CORP COM P 2020-04-13 2021-01-12
1 INTU - INTUIT COM P 2020-04-13 2021-07-07
3 INTU - INTUIT COM P 2021-01-11 2021-01-12
34 JBHT - HUNT J B TRANS SVCS INC COM P 2020-08-04 2021-01-12
28 JBHT - HUNT J B TRANS SVCS INC COM P 2021-01-11 2021-01-12
6 JNJ - JOHNSON & JOHNSON COM USD1 P 2021-01-11 2021-01-12
30,000.00 JPMORGAN CHASE & FLTG RT 1.514% DUE 06-01-2024 - 46647PBQ8 P 2020-05-19 2021-01-29
20,000.00 JPMORGAN CHASE & FLTG RT 1.514% DUE 06-01-2024 - 46647PBQ8 P 2020-05-19 2021-01-29
0.8 KD - KYNDRYL HLDGS INC COM P 2020-04-13 2021-11-04
10 KO - COCA COLA CO COM P 2020-04-13 2021-07-07
52 KO - COCA COLA CO COM P 2020-04-13 2021-01-12
180 KO - COCA COLA CO COM P 2021-01-11 2021-01-12
109 KR - KROGER CO COM P 2021-01-11 2021-01-12
136 KR - KROGER CO COM P 2020-08-04 2021-01-12
26 LLY - ELI LILLY & CO COM P 2021-01-11 2021-01-12
7 LOW - LOWES COS INC COM P 2021-01-11 2021-01-12
40 LSI - LIFE STORAGE INC COM P 2020-04-13 2021-01-12
32 LSI - LIFE STORAGE INC COM P 2021-01-11 2021-01-12
18 LSTR - LANDSTAR SYS INC COM P 2020-08-04 2021-07-07
24 LSTR - LANDSTAR SYS INC COM P 2021-01-11 2021-07-07
5 LSTR - LANDSTAR SYS INC COM P 2021-01-11 2021-01-12
5 MA - MASTERCARD INC CL A P 2021-01-11 2021-01-12
8 MCD - MC DONALDS CORP COM P 2020-08-04 2021-01-12
6 MCD - MC DONALDS CORP COM P 2021-01-11 2021-01-12
45 MMC - MARSH & MCLENNAN CO'S INC COM P 2020-08-04 2021-01-12
15,000.00 MORGAN STANLEY 2.188% DUE 04-28-2026 - 6174468Q5 P 2020-04-23 2021-04-21
35,000.00 MORGAN STANLEY 2.188% DUE 04-28-2026 - 6174468Q5 P 2020-04-23 2021-04-21
124 MRK - MERCK & CO INC NEW COM P 2020-04-13 2021-07-07
99 MRK - MERCK & CO INC NEW COM P 2021-01-11 2021-07-07
11 MS - MORGAN STANLEY COM STK USD0.01 P 2021-01-12 2021-07-07
12 MSFT - MICROSOFT CORP COM P 2020-04-13 2021-07-07
14 MSFT - MICROSOFT CORP COM P 2021-01-11 2021-01-12
50,000.00 MTN1 - BANK OF AMERICA CORP MTN 1.197% 10-24-2026 P 2020-10-16 2021-03-09
25,000.00 MTN1 - BK NEW YORK MELLON 1.6% DUE 04-24-2025 P 2020-04-17 2021-04-20
25,000.00 MTN1 - BK NEW YORK MELLON 1.6% DUE 04-24-2025 P 2020-04-17 2021-04-20
75,000.00 MTN1 - CATERPILLAR FINL SVCS CORP MEDIUM TERM N.8% DUE 11-13-2025 P 2021-01-07 2021-09-08
50,000.00 MTN1 - ROYAL BK CDA GLOBAL MEDIUM TERM SR BK NT1.15% DUE 06-10-2025 P 2020-06-03 2021-10-05
45,000.00 MTN1 - TOYOTA MTR CR CORP 3.4 09-15-2021 P 2015-05-04 2021-03-19
129 NEE - NEXTERA ENERGY INC COM P 2021-01-12 2021-07-07
9 NEU - NEWMARKET CORP COM P 2021-01-11 2021-07-07
11 NEU - NEWMARKET CORP COM P 2020-04-13 2021-07-07
7,446.00 NFRA - MFC FLEXSHARES TR STOXX GLOBAL BROAD INFRASTRUCTURE INDEX FD P 2019-08-09 2021-01-06
73,313.78 NHFIX - MFB NORTHERN HIGH YIELD FIXED INCOME FUND P 2018-10-23 2021-04-26
75,000.00 NOVARTIS CAP CORP FIXED 2% DUE 02-14-2027 - 66989HAQ1 P 2020-02-11 2021-04-22
4 ODFL - OLD DOMINION FREIGHT LINE INC COM P 2021-01-11 2021-07-07
1 ODFL - OLD DOMINION FREIGHT LINE INC COM P 2021-01-11 2021-01-12
12.1 OGN - ORGANON & CO COM P 2020-04-13 2021-07-07
9.9 OGN - ORGANON & CO COM P 2021-01-11 2021-07-07
0.3 OGN - ORGANON & CO COM P 2020-04-13 2021-06-03
5 ORCL - ORACLE CORP COM P 2020-04-13 2021-07-07
59 ORCL - ORACLE CORP COM P 2020-04-13 2021-01-12
68 ORCL - ORACLE CORP COM P 2021-01-11 2021-01-12
17 PAYX - PAYCHEX INC COM P 2021-01-11 2021-07-07
21 PAYX - PAYCHEX INC COM P 2020-04-13 2021-07-07
23 PEP - PEPSICO INC COM P 2021-01-11 2021-01-12
29 PEP - PEPSICO INC COM P 2020-04-13 2021-01-12
21 PFE - PFIZER INC COM P 2021-01-11 2021-01-12
35,000.00 PHILIP MORRIS INTL 4.125% DUE 05-17-2021 - 718172AK5 P 2015-05-04 2021-05-17
9 PM - PHILIP MORRIS INTL COM STK NPV P 2021-01-11 2021-01-12
50,000.00 PNC FINL SVCS GROUP INC 3.45% DUE 04-23-2029 REG - 693475AW5 P 2019-04-16 2021-04-28
38 PNW - PINNACLE W. CAP CORP COM P 2021-01-11 2021-07-07
47 PNW - PINNACLE W. CAP CORP COM P 2020-04-13 2021-07-07
14 POOL - POOL CORP COM STK P 2020-04-13 2021-01-12
11 POOL - POOL CORP COM STK P 2021-01-11 2021-01-12
7 PSA - PUB STORAGE COM P 2020-04-13 2021-07-07
30,000.00 PUBLIC STORAGE 1.85% DUE 05-01-2028 BEO - 74460WAD9 P 2021-04-14 2021-11-04
20,000.00 PUBLIC STORAGE 1.85% DUE 05-01-2028 BEO - 74460WAD9 P 2021-04-14 2021-11-04
4 QCOM - QUALCOMM INC COM P 2020-04-13 2021-07-07
1 REGN - REGENERON PHARMACEUTICALS INC COM P 2021-01-12 2021-07-07
25 RGLD - ROYAL GOLD INC COM STK USD0.01 P 2021-01-11 2021-01-12
32 RGLD - ROYAL GOLD INC COM STK USD0.01 P 2020-04-13 2021-01-12
50,000.00 SALESFORCE COM INC 3.7% DUE 04-11-2028 - 79466LAF1 P 2018-12-07 2021-06-30
25,000.00 SANTANDER UK PLC 3.75% DUE 11-15-2021 - 80283LAV5 P 2018-11-07 2021-11-15
50,000.00 SCHWAB CHARLES 1.65% DUE 03-11-2031 - 808513BG9 P 2020-12-08 2021-05-11
50,000.00 SHELL INTL FIN B V 2% DUE 11-07-2024 - 822582CC4 P 2019-11-04 2021-03-04
9 SO - SOUTHERN CO COM STK P 2021-01-11 2021-01-12
8 SPGI - S&P GLOBAL INC COM P 2021-01-11 2021-07-07
11 SPGI - S&P GLOBAL INC COM P 2020-04-13 2021-07-07
1 SPGI - S&P GLOBAL INC COM P 2021-01-11 2021-01-12
143 T - AT&T INC COM P 2021-01-11 2021-07-07
339 T - AT&T INC COM P 2020-04-13 2021-01-12
127 T - AT&T INC COM P 2021-01-11 2021-01-12
2 TGT - TARGET CORP COM STK P 2021-01-11 2021-07-07
6 TGT - TARGET CORP COM STK P 2021-01-11 2021-01-12
8 TJX - TJX COS INC COM NEW P 2021-01-12 2021-07-07
1 TMO - THERMO FISHER CORP P 2020-04-13 2021-07-07
25 TMUS - T-MOBILE US INC COM P 2020-08-04 2021-01-12
21 TMUS - T-MOBILE US INC COM P 2021-01-11 2021-01-12
5 TXN - TEXAS INSTRUMENTS INC COM P 2021-01-12 2021-07-07
9 TXN - TEXAS INSTRUMENTS INC COM P 2020-04-13 2021-07-07
20 TYL - TYLER TECHNOLOGIES INC COM STK P 2021-01-12 2021-07-07
- U.S CL ACTIONS (DELISTED/VAR CUSIPS) - XXX-XX-XXXX P   2021-09-24
75,000.00 UNITED STATES TREAS NTS 2.75% DUE 08-15-2021 REG - 9128284W7 P 2019-01-09 2021-04-30
25,000.00 UNITED STATES TREAS NTS DTD 04/30/2015 1.75% DUE 04-30-2022 REG - 912828WZ9 P 2015-05-04 2021-05-11
75,000.00 UNITED STATES TREAS NTS DTD 06-15-2018 2.625% DUE 06-15-2021 REG - 9128284T4 P 2019-01-09 2021-06-15
100,000.00 UNITED STATES TREAS NTS DTD 07/31/2016 1.125% DUE 07-31-2021 REG - 912828S76 P 2020-09-23 2021-08-02
20,000.00 UNITEDHEALTH GROUP INC 2.0% 05-15-2030 - 91324PDX7 P 2020-05-13 2021-05-17
30,000.00 UNITEDHEALTH GROUP INC 2.0% 05-15-2030 - 91324PDX7 P 2020-05-13 2021-05-17
100,000.00 UTD STATES TREAS 1.125% DUE 08-31-2021 - 9128282F6 P 2020-09-30 2021-08-31
100,000.00 UTD STATES TREAS 1.125% DUE 09-30-2021 - 912828T34 P 2020-10-21 2021-09-30
75,000.00 UTD STATES TREAS 1.375% DUE 08-31-2026 - 912828YD6 P 2019-09-25 2021-10-29
30,000.00 UTD STATES TREAS 2.25% DUE 04-30-2021 - 912828WG1 P 2014-05-27 2021-04-30
8 V - VISA INC COM CL A STK P 2021-01-11 2021-01-12
15,000.00 VISA INC 1.1% DUE 02-15-2031 - 92826CAN2 P 2020-08-10 2021-09-29
35,000.00 VISA INC 1.1% DUE 02-15-2031 - 92826CAN2 P 2020-08-10 2021-09-29
17 VRTX - VERTEX PHARMACEUTICALS INC COM P 2020-08-04 2021-07-07
14 VRTX - VERTEX PHARMACEUTICALS INC COM P 2021-01-11 2021-07-07
7 VTRS - VIATRIS INC P 2021-01-11 2021-01-12
9 VTRS - VIATRIS INC P 2020-04-13 2021-01-12
180 VZ - VERIZON COMMUNICATIONS COM P 2020-04-13 2021-07-07
50,000.00 WESTPAC BKG CORP 2.35% DUE 02-19-2025 - 961214EH2 P 2019-11-12 2021-11-08
36 WM - WASTE MGMT INC DEL COM STK P 2021-01-11 2021-07-07
15 WM - WASTE MGMT INC DEL COM STK P 2020-08-04 2021-07-07
2 WM - WASTE MGMT INC DEL COM STK P 2021-01-11 2021-01-12
8 WMT - WALMART INC COM P 2021-01-11 2021-01-12
47 WRB - BERKLEY W R CORP COM P 2021-01-11 2021-01-13
60 WRB - BERKLEY W R CORP COM P 2020-04-13 2021-01-13
4 WTM - WHITE MOUNTAINS INSURANCE GROUP COM STOCK P 2020-04-13 2021-01-12
5 WTM - WHITE MOUNTAINS INSURANCE GROUP COM STOCK P 2021-01-11 2021-01-12
18 ZM - ZOOM VIDEO COMMUNICATIONS INC CL A CL A P 2021-01-12 2021-07-07
MAKENA CAPITAL P 2000-01-01 2021-01-01
MAKENA CAPITAL P 2021-01-01 2021-01-01
MAKENA CAPITAL P 2000-01-01 2021-01-01
PRIVATE EQUITY CORE FUND III P 2000-01-01 2021-01-01
PRIVATE EQUITY CORE FUND III P 2021-01-01 2021-01-01
(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 14,439   14,511 -72
b 1,759   1,274 485
c 2,419   2,404 15
d 2,875   2,663 212
e 2,396   1,714 682
2,423   1,273 1,150
4,267   2,878 1,389
5,689   4,732 957
3,454   2,870 584
1,713   1,879 -166
1,415   1,419 -4
6,904   6,197 707
47,661   49,863 -2,202
38,431   40,210 -1,779
9,608   9,989 -381
21,413   19,946 1,467
32,120   29,970 2,150
243   216 27
849   999 -150
11,104   6,449 4,655
49,525   49,986 -461
25,052   25,023 29
25,052   24,824 228
269   257 12
269   273 -4
26,021   24,973 1,048
26,021   24,964 1,057
1,881   1,035 846
6,598   4,875 1,723
5,865   5,786 79
199   170 29
50,425   50,000 425
25,000   28,542 -3,542
49,682   49,942 -260
4,348   4,468 -120
2,174   1,414 760
82,427   84,981 -2,554
10,789   9,323 1,466
3,911   3,267 644
2,514   2,102 412
272   188 84
2,613   2,032 581
4,356   2,899 1,457
787   457 330
34,835   34,920 -85
2,106   2,007 99
3,565   2,645 920
622   618 4
1,014   992 22
1,159   842 317
4,149   4,115 34
3,280   3,287 -7
1,479   943 536
1,890   1,921 -31
50,000   49,945 55
50,316   50,000 316
578   488 90
825   825  
3,086   2,277 809
2,479   2,507 -28
20,107   20,045 62
30,161   29,933 228
1,001   1,005 -4
593   574 19
1,361   1,377 -16
1,361   780 581
7,963   8,955 -992
2,474   2,046 428
1,340   1,191 149
560   550 10
5,487   4,506 981
1,108   1,107 1
7,746   5,516 2,230
6,399   6,426 -27
3,636   3,634 2
4,598   4,109 489
1,927   1,417 510
96   94 2
4,472   4,448 24
5,111   2,684 2,427
50,000   50,263 -263
50,000   50,115 -115
6,534   7,925 -1,391
4,623   4,739 -116
515,911   500,000 15,911
26,943   24,970 1,973
52,720   49,983 2,737
12,220   12,385 -165
1,102   908 194
360,563   301,925 58,638
257,102   243,326 13,776
969   595 374
3,142   4,001 -859
2,500   2,514 -14
19,289   19,877 -588
28,934   29,898 -964
38,252   35,055 3,197
16,394   14,927 1,467
1,101   1,042 59
220   208 12
1,101   690 411
20,455   19,998 457
139   119 20
387   388 -1
336   348 -12
858   927 -69
507   249 258
1,100   1,124 -24
5,036   4,466 570
4,147   4,181 -34
952   962 -10
30,675   30,000 675
20,450   20,023 427
14   23 -9
543   468 75
2,600   2,434 166
9,000   9,017 -17
3,482   3,486 -4
4,345   4,816 -471
4,680   4,803 -123
1,184   1,168 16
4,670   3,891 779
3,736   3,730 6
2,842   2,267 575
3,789   3,467 322
734   722 12
1,700   1,752 -52
1,694   1,593 101
1,270   1,283 -13
5,092   5,274 -182
15,538   15,000 538
36,255   35,122 1,133
9,702   9,520 182
7,746   7,993 -247
992   840 152
3,364   1,956 1,408
3,008   3,051 -43
49,161   50,000 -839
25,613   24,991 622
25,613   25,044 569
74,748   75,198 -450
50,045   49,826 219
45,656   48,095 -2,439
9,692   10,278 -586
2,784   3,823 -1,039
3,403   4,452 -1,049
407,120   376,414 30,706
500,000   483,871 16,129
77,666   74,932 2,734
1,033   819 214
202   205 -3
362   459 -97
296   395 -99
9   11 -2
432   263 169
3,697   3,102 595
4,261   4,303 -42
1,864   1,547 317
2,302   1,340 962
3,232   3,273 -41
4,075   3,789 286
777   792 -15
35,000   38,193 -3,193
732   742 -10
55,098   49,920 5,178
3,168   2,914 254
3,919   3,728 191
5,369   2,687 2,682
4,218   4,245 -27
2,164   1,409 755
30,140   29,978 162
20,093   20,033 60
560   291 269
586   514 72
2,650   2,675 -25
3,391   3,397 -6
56,936   49,686 7,250
25,000   24,932 68
47,079   49,902 -2,823
52,219   49,858 2,361
535   549 -14
3,351   2,563 788
4,608   2,952 1,656
314   320 -6
4,142   4,123 19
9,734   10,197 -463
3,647   3,662 -15
495   396 99
1,190   1,189 1
541   548 -7
524   312 212
3,287   2,698 589
2,761   2,808 -47
950   868 82
1,710   967 743
9,458   8,561 897
2     2
75,598   75,296 302
25,414   24,772 642
75,000   75,076 -76
100,000   100,828 -828
19,816   19,908 -92
29,724   29,747 -23
100,000   100,891 -891
100,000   100,922 -922
75,697   73,985 1,712
30,000   30,299 -299
1,678   1,713 -35
14,064   14,932 -868
32,817   34,976 -2,159
3,381   4,672 -1,291
2,785   3,291 -506
129   130 -1
166   134 32
10,168   10,184 -16
51,940   49,986 1,954
5,173   4,230 943
2,155   1,626 529
233   235 -2
1,195   1,181 14
3,127   3,121 6
3,992   3,416 576
4,218   3,584 634
5,273   5,343 -70
7,111   6,119 992
276,871     276,871
31,901     31,901
17,660     17,660
24,160     24,160
272     272
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       -72
b       485
c       15
d       212
e       682
      1,150
      1,389
      957
      584
      -166
      -4
      707
      -2,202
      -1,779
      -381
      1,467
      2,150
      27
      -150
      4,655
      -461
      29
      228
      12
      -4
      1,048
      1,057
      846
      1,723
      79
      29
      425
      -3,542
      -260
      -120
      760
      -2,554
      1,466
      644
      412
      84
      581
      1,457
      330
      -85
      99
      920
      4
      22
      317
      34
      -7
      536
      -31
      55
      316
      90
       
      809
      -28
      62
      228
      -4
      19
      -16
      581
      -992
      428
      149
      10
      981
      1
      2,230
      -27
      2
      489
      510
      2
      24
      2,427
      -263
      -115
      -1,391
      -116
      15,911
      1,973
      2,737
      -165
      194
      58,638
      13,776
      374
      -859
      -14
      -588
      -964
      3,197
      1,467
      59
      12
      411
      457
      20
      -1
      -12
      -69
      258
      -24
      570
      -34
      -10
      675
      427
      -9
      75
      166
      -17
      -4
      -471
      -123
      16
      779
      6
      575
      322
      12
      -52
      101
      -13
      -182
      538
      1,133
      182
      -247
      152
      1,408
      -43
      -839
      622
      569
      -450
      219
      -2,439
      -586
      -1,039
      -1,049
      30,706
      16,129
      2,734
      214
      -3
      -97
      -99
      -2
      169
      595
      -42
      317
      962
      -41
      286
      -15
      -3,193
      -10
      5,178
      254
      191
      2,682
      -27
      755
      162
      60
      269
      72
      -25
      -6
      7,250
      68
      -2,823
      2,361
      -14
      788
      1,656
      -6
      19
      -463
      -15
      99
      1
      -7
      212
      589
      -47
      82
      743
      897
      2
      302
      642
      -76
      -828
      -92
      -23
      -891
      -922
      1,712
      -299
      -35
      -868
      -2,159
      -1,291
      -506
      -1
      32
      -16
      1,954
      943
      529
      -2
      14
      6
      576
      634
      -70
      992
      276,871
      31,901
      17,660
      24,160
      272
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 2 540,681
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 65,399
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 11,236
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 11,236
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 23,799
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 23,799
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 1
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 12,562
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet12,562 RefundedBullet 11  
Part VI-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$   (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 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 XIV..................................
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 ofbulletNORTHERN TRUST CO Telephone no.bullet (805) 884-4334

    Located atbulletPO BOX 22107SANTA BARBARACA ZIP+4bullet93121
    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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    A CARNEROS Trustee
    2.00     		0    
    PO BOX 22107
    SANTA BARBARA,CA93121
    AJ CARNEROS Trustee
    2.00     		0    
    PO BOX 22107
    SANTA BARBARA,CA93121
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-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 VIII-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 (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    25,574,593
    b
    Average of monthly cash balances.......................
    1b
    260,899
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    25,835,492
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    25,835,492
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    387,532
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    25,447,960
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,272,398
    Part X
    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 IX, line 6..................
    1
    1,272,398
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    11,236
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,236
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,261,162
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,261,162
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,261,162
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    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 XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,261,162
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 202,824
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 202,824
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,040,602
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 1,040,602
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021. 202,824 202,824
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		17,736
    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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    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 e-mail address of the person to whom applications should be addressed:
    William-Corbert Foundation
    1485 East Valley Road
    Montecito,CA93108
    (805) 565-7861
    bThe form in which applications should be submitted and information and materials they should include:
    Currently, there is no application for a grant. A Grant Request Letter is required, preferably on the non-profits letterhead with a list of names of the governing board. The Grant Request Letter shall be no more than three pages and shall be submitted with the following information:1.Name of organization requesting a grant.2.The phone number, name and title of the individual requesting the grant on behalf of the organization.3.Program name and/or purpose of grant.4.A brief explanation of the need for the project and how the grant will be used.5.Requested dollar amount, total cost of the project, and other sources of funding.6.A need by date or payment schedule.7.The expected duration of the project.8.A brief explanation of how this requested grant fulfills the Foundations Mission Statement above.9.The impact on the community served and how the impact will be measured. (For example, if a grant request of a $10,000 enables your organization to offer 10 under privileged youths ten weeks o
    cAny submission deadlines:
    March 15th or September 15th
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    The Williams-Corbett Foundation may, at its discretion, approve a grant with certain conditions. (Such as for a matching grant, a challenge grant, or a grant awarded for a specified purposes).
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    ADVENTURES IN CARING
    1528 CHAPALA STREET
    SANTA BARBARA,CA93101     		UNRELATED N/A TO SUPPORT THE PHONE-A-FRIEND PHASE 2 INTERGENERATIONAL PROGRAM 25,000
    BOXTALES THEATRE COMPANY
    21 EAST CANON PERDIDO STREET
    SANTA BARBARA,CA93101     		UNRELATED N/A TO SUPPORT HIRING A TEMPORARY ADMINISTRATIVE ASSISTANT. 15,000
    CASA
    118 EAST FIGUEROA STREET
    SANTA BARBARA,CA93101     		UNRELATED N/A TO SUPPORT FURNISHING FAMILY VISIT SPACE/PARTIAL COST OF VEHICLE. 15,000
    CHILDREN'S RESOURCE NETWORK
    PO BOX 454
    PISMO BEACH,CA93448     		UNRELATED N/A TO SUPPORT TRAILER RENOVATION AND TRUCK REPLACEMENT. 20,000
    NEW HOUSE SANTA BARBARA
    2434 BATH STREET
    SANTA BARBARA,CA93105     		UNRELATED N/A TO SUPPORT SCHOLARSHIPS FOR SOBER LIVING PROGRAM. 20,000
    RESCUE MISSION ALLIANCE
    315 NORTH A STREET
    OXNARD,CA93030     		UNRELATED N/A TO SUPPORT HOMELESS AND FOOD SERVICES. 10,000
    TRANSITIONS-MENTAL HEALTH ASSOCIATI
    784 HIGH STREET
    SAN LUIS OBISPO,CA93401     		UNRELATED N/A TO SUPPORT GROWING GROUNDS ENTERPRISES. 7,500
    FAMILY SERVICE AGENCY
    123 WEST GUTIERREZ STREET
    SANTA BARBARA,CA93101     		UNRELATED N/A TO SUPPORT INSTALLING LED LIGHTING OUTSIDE SANTA BARBARA OFFICE. 19,000
    GIRLS INC OF CARPINTERIA
    5315 FOOTHILL ROAD
    CARPINTERIA,CA93013     		UNRELATED N/A FOR FRESH FUTURES INITIATIVE 20,000
    NEW BEGINNINGS COUNSELING CENTER
    324 EAST CARRILLO STREET C
    SANTA BARBARA,CA93101     		UNRELATED N/A TO SUPPORT SUPPORTIVE SERVICES FOR VETERAN FAMILIES 15,000
    SARAH HOUSE
    2612 MODOC ROAD
    SANTA BARBARA,CA93105     		UNRELATED N/A TO SUPPORT GOING FORWARD IN A WORLD CHANGED PROGRAM (END OF LIFE CARE). 10,000
    SANTA BARBARA EDUCATION FOUNDATION
    1330 STATE STREET SUITE 201
    SANTA BARBARA,CA93101     		UNRELATED N/A TO SUPPORT THE ACADEMY FOR SUCCESS FOR MENTAL HEALTH SPECIALIST, WHAT IS LOVE TEEN DATING VOILENCE PREVENTION, AND STUDENT ONLINE ACADEMIC RESOURCES. 35,000
    SANTA BARBARA POLICE ACTIVITIES LEA
    1235 CHAPALA STREET
    SANTA BARBARA,CA93101     		UNRELATED N/A TO SUPPORT COPS AND KIDS LEADERSHIP CAMP. 10,000
    UNITY SHOPPE
    1219 STATE STREET
    SANTA BARBARA,CA93101     		UNRELATED N/A TO SUPPORT THE FOOD/GROCERTY SERVICE PROGRAM. 15,000
    VILLA MAJELLA
    604 NORTH KELLOGG AVENUE
    SANTA BARBARA,CA93111     		UNRELATED N/A FOR WOOD FLOORING, APPLIANCES, AIR FLOW. 20,000
    MENTAL WELLNESS CENTER
    617 GARDEN STREET
    SANTA BARBARA,CA93101     		UNRELATED N/A TO SUPPORT GENERAL OPERATING FUNDS (2ND PAYMENT OF 2 YEAR GRANT) 10,000
    GOLETA VALLEY HISTORICAL SOCIETY
    304 NORTH LOS CARNEROS ROAD
    GOLETA,CA93117     		UNRELATED N/A TO SUPPORT RANCHO LA PATERA RANCH YARD AGRICULTURAL EDUCATION. 7,195
    ALZHEIMERS ASSOCIATION
    1528 CHAPALA STREET
    SANTA BARBARA,CA93101     		UNRELATED N/A TO SUPPORT REMODELING OF TWO OFFICE LOCATIONS. 11,240
    DOS PUEBLOS ENGINEERING ACADEMY
    7266 ALAMEDA AVENUE
    GOLETA,CA93117     		UNRELATED N/A TO SUPPORT DEVELOPING TWO 14-HOUR INTERDISCIPLINARY PROJECTS K-6. 25,000
    HABITAT FOR HUMANITY
    6860 CORTONA DRIVE A
    GOLETA,CA93117     		UNRELATED N/A TO SUPPORT PRE-DEVELOPMENT PHASE OF THE COTA STREET HOMES. 25,000
    OPERA SANTA BARBARA
    1330 STATE STREET 209
    SANTA BARBARA,CA93101     		UNRELATED N/A TO SUPPORT REPLACEMENT OF FOUR COMPUTERS AND SOFTWARE. 10,000
    HEARTS THERAPEUTIC
    PO BOX 30662
    SANTA BARBARA,CA93130     		UNRELATED N/A FOR EQUINE SERVICES FOR HEROES (VETERANS) 25,000
    PEOPLE'S SELF HELP HOUSING
    3533 EMPLEO STREET
    SAN LUIS OBISPO,CA93401     		UNRELATED N/A TO SUPPORT CAMINO SCHOLARS. 20,000
    SANTA BARBARA SYMPHONY
    1330 STATE STREET
    SANTA BARBARA,CA93101     		UNRELATED N/A FOR COMPUTER EQUIPMENT. 20,000
    HILLSIDE HOUSE
    1235 VERONICA SPRINGS ROAD
    SANTA BARBARA,CA93105     		UNRELATED N/A TO SUPPORT 10 NEW HOSPITAL BEDS AND MATTRESSES. 14,000
    LIFE STEPS FOUNDATION
    5757 WEST CENTURY BLVD SUITE 880
    LOS ANGELES,CA90045     		UNRELATED N/A TO SUPPORT PURCHASE OF COVID PPE, SANITIZING, SUPPLIES, EQUIPMENT, AND TRAINING. 5,000
    ALLIANCE FOR PHARMACEUTICAL ACCESS
    506 EAST PLAZA DRIVE 5
    SANTA MARIA,CA93454     		UNRELATED n/a TO PROVIDE MEDICATION ACCESS & PATIENT ADVOCACY 10,000
    APPLES TO ZUCCHINI COOKING SCHOOL
    PO BOX 30912
    SANTA BARBARA,CA93130     		UNRELATED N/A TO SUPPORT HEALTHY KITCHEN HEALTHY LIVES CONFERENCE FOR 3. 7,030
    DOMESTIC VIOLENCE SOLUTIONS
    411 E CANON PERDIDO ST
    SANTA BARBARA,CA93101     		UNRELATED N/A TO SUPPORT VICTORIA STREET HOUSE RENOVATION. 5,500
    ISLA VISTA YOUTH PROJECTS
    6842 PHELPS ROAD
    GOLETA,CA93117     		UNRELATED N/A TO SUPPORT RENOVATION OF WEST CAMPUS CHILDREN'S CENTER. 15,000
    SANTA BARBARA MIDDLE SCHOOL
    1321 ALAMEDA PADRE SERRA
    SANTA BARBARA,CA93103     		UNRELATED N/A TO SUPPORT COMMUNITY KITCHEN REMODEL. 30,000
    SANTA BARBARA PARTNERS IN EDUCATION
    3970 LA COLINA ROAD 9
    SANTA BARBARA,CA93110     		UNRELATED N/A TO SUPPORT NORTH COUNTY INTERNSHIP PROGRAM EXPANSION. 20,000
    STORYTELLER CHILDRENS CENTER
    2115 STATE STREET
    SANTA BARBARA,CA93105     		UNRELATED N/A TO SUPPORT FAMILY ADVOCACY PROGRAM. 20,000
    TEACHERS FUND
    1250 COAST VILLAGE ROAD A
    SANTA BARBARA,CA93108     		UNRELATED N/A TO PROVIDE COVID-19 EMERGENCY RESPONSE GRANTS. 15,000
    PARTNERS IN HOUSING SOLUTIONS
    425 E COTA STREET
    SANTA BARBARA,CA93101     		UNRELATED N/A TO HELP WITH STAFF SUPPORT. 15,000
    SAN MARCOS PARENT-CHILD WORKSHOPS
    400 PUENTE DRIVE SUITE A
    SANTA BARBARA,CA93110     		  N/A FOR PLAYGROUND SAFETY IMPROVEMENTS. 13,000
    ATTERDAG VILLAGE OF SOLVANG
    636 ATTERDAG RD
    SOLVANG,CA93463     		UNRELATED N/A TO PURCHASE CAR/SMART THERM INDUCTION CHARGER AND BASE. 7,500
    BOYS GIRLS CLUBS OF MID CENTRAL COA
    901 N RAILROAD AVE
    SANTA MARIA,CA93458     		  N/A TO SUPPORT OPPORTUNITY TO THRIVE (COVID SUPPORT). 25,000
    SB REGION OF CATHOLIC CHARITIES OF
    303 N VENTURA AVE SUITE A
    VENTURA,CA93013     		UNRELATED N/A TO SUPPORT COMMUNITY SERVICE AGENCIES OPERATING EXPENSE 25,000
    ATTERDAG AT HOME
    636 ATTERDAG RD
    SOLVANG,CA93463     		UNRELATED N/A TO SUPPORT MEALS ON WHEELS PROGRAM. 7,500
    CHANNEL ISLANDS YMCA
    36 HITCHCOCK WAY
    SANTA BARBARA,CA93105     		  N/A GRANT FOR ST. GEORGE YOUTH CENTER AFTERSCHOOL PROGRAMS. 25,000
    LOTUSLAND
    695 ASHLEY ROAD
    SANTA BARBARA,CA93108     		  N/A TO SUPPORT PERMANENT SIGNAGE PROJECT. 14,000
    MAKE-A-WISH FOUNDATION TRI-COUNTIES
    4001 MISSION OAKS BLVD
    CAMARILLO,CA93012     		UNRELATED N/A FOR TRI-COUNTIES GRANTING WISHES 30,000
    SB ALLIANCE FOR COMMUNITY TRANSFORM
    PO BOX 217
    SANTA BARBARA,CA93102     		UNRELATED N/A TO SUPPORT PANDEMIC PROGRAMS AND HARDING SCHOOL FAMILY RESOURCE CENTER. 10,000
    COMMUNITY PARTNERS IN CARING
    120 E JONES SUITE 123
    SANTA MARIA,CA93454     		UNRELATED N/A TO SUPPORT YOUTH WELLNESS WORKSHOPS. 10,000
    4 KIDS 2 KIDS
    1560 E MAIN ST
    VENTURA,CA93001     		UNRELATED N/A TO SUPPORT THE TRAUMA INFORMED THERAPY PROGRAM. 10,000
    COMMUNIFY
    5638 HOLLISTER AVE 230
    GOLETA,CA93117     		UNRELATED N/A TO SUPPORT THE SENIOR NUTRITION PROGRAM. 20,000
    COMMUNITY ENVIRONMENTAL COUNCIL
    PO BOX 90660
    SANTA BARBARA,CA93190     		  N/A TO SUPPORT SANTA BARBARA FOOD ACTION NETWORK FIRST YEAR-LONG MEMBERSHIP DRIVE. ALSO TO SUPPORT NON-PROFIT PRODUCTION STUDIO. 24,737
    HARBOR MISSIONARY CHURCH
    5573 CYPRESS RD
    OXNARD,CA93033     		  N/A TO SUPPORT VAN PURCHASE FOR EMBRACING CHURCH FARM WORKERS FAMILY PROGRAM. 5,000
    MISSION SCHOLARS
    1330 STATE ST STE 336
    SANTA BARBARA,CA93101     		  N/A TO SUPPORT MISSION SCHOLARS COLLEGE ESSAY INITIATIVE. 15,000
    GET FOCUSED STAY FOCUSED
    5290 OVERPASS ROAD SUITE 220
    SANTA BARBARA,CA93111     		  N/A FOR CAREER GUIDANCE CURRICULUM 10,000
    MONTECITO UNION SCHOOL FOUNDATION
    385 SAN YSIDRO RD
    SANTA BARBARA,CA93108     		  N/A FOR DEVELOPMENT OF NATURE LAB 20,000
    PATH - SANTA BARBARA
    816 CACIQUE STREET 3622
    SANTA BARBARA,CA93103     		  N/A TO SUPPORT CLIENT WIRELESS PROGRAM. 15,000
    SANTA MARIA VALLEY DISCOVERY MUSEUM
    705 S MCCLELLAND ST
    SANTA MARIA,CA93454     		  N/A FOR GENERAL OPERATING SUPPORTIVE/STAFFING FOR RE-OPENING 20,000
    SANTA YNEZ PEOPLE HELPING PEOPLE
    545 ALISAL RD
    SOLVANG,CA93463     		  N/A FOR MENTOR'S AND FAMILY ADVOCATES 20,000
    SANTA BARBARA YOUNG BLACK PROFESSIO
    3776 SAN REMO DR APT 20
    SANTA BARBARA,CA93105     		  N/A TO HELP DEVELOP A PAID MEMBERSHIP PROGRAM 15,000
    SOLVANG FESTIVAL THEATER
    420 2ND ST
    SOLVANG,CA93463     		  N/A REPLACE AND INSTALL MAIN ELECTRICAL PANEL 30,000
    THE THRIVING INITIATIVE
    7127 HOLLISTER AVE 25A - 2017
    GOLETA,CA93117     		  N/A FOR LOCAL VICTIM-SURVIVOR SUPPORT 11,800
    WHITE BUFFALO LAND TRUST
    PO BOX 5100
    SANTA BARBARA,CA93150     		  N/A FOR "ALL HANDS" REGENERATIVE LAND STEWARDSHIP PROGRAM 25,000
    WILD FARMLANDS FOUNDATION
    1980 US HIGHWAY 101
    GAVIOTA,CA93117     		  N/A FOR EQUIPMENT TO EXPAND WORM FARM PROJECT 15,600
    SB AGRICULTURE AND FARM EDUCATION F
    PO BOX 644
    SUMMERLAND,CA93067     		  N/A FOR COMMUNITY OUTREACH, PROGRAM, FARMING MATERIALS 50,000
    Total .................................bullet 3a 1,040,602
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 100,338  
    4 Dividends and interest from securities ....          
    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 ............     		    18 540,681  
    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) ..   1,094,327  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,094,327
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID: 21013475
    Software Version: 2021v4.0


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

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    WILLIAMS-CORBETT FOUNDATION
     
    Employer identification number

    77-6150330
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    WILLIAMS-CORBETT FOUNDATION
          		Employer identification number
    77-6150330
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    CORBETT CHARITABLE LEAD TRUST
    PO BOX 5655
     
    SANTA BARBARA, CA93150

    		$ 848,314


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    WILLIAMS-CORBETT FOUNDATION
          		Employer identification number

    77-6150330
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    WILLIAMS-CORBETT FOUNDATION
          		Employer identification number

    77-6150330
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID: 21013475
    Software Version: 2021v4.0

    TY 2021 AccountingFeesSchedule
    Name:
    WILLIAMS-CORBETT FOUNDATION
    EIN:
    77-6150330
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING/AUDIT/TAX PREP FEES 9,000 9,000 0 0

    TY 2021 OtherExpensesSchedule
    Name:
    WILLIAMS-CORBETT FOUNDATION
    EIN:
    77-6150330
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 129,246 129,246    
    K-1 EXPENSES 47,057 47,057    


    TY 2021 OtherIncomeSchedule2
    Name:
    WILLIAMS-CORBETT FOUNDATION
    EIN:
    77-6150330
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income 69,488    


    TY 2021 TaxesSchedule
    Name:
    WILLIAMS-CORBETT FOUNDATION
    EIN:
    77-6150330
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 20,000 20,000    
    FOREIGN TAXES PAID 11,073 11,073    
    OTHER TAXES AND FILINGS FEES 150 150