Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
THE BYLO CHACON FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1660 BUSH STREET SUITE 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN FRANCISCO, CA94109
A Employer identification number

83-1651595
B Telephone number (see instructions)

(925) 719-1771
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$35,634,490J 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) 775
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,118 1,118  
4 Dividends and interest from securities... 411,299 419,336  
5a Gross rents............      
b Net rental income or (loss) -621,614
6a Net gain or (loss) from sale of assets not on line 10 2,209
b Gross sales price for all assets on line 6a 800,613
7 Capital gain net income (from Part IV, line 2)... 2,209
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 415,401 422,663  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 185,400 66,744   118,656
14 Other employee salaries and wages...... 546,000 196,560   349,440
15 Pension plans, employee benefits....... 86,054 30,979   55,075
16a Legal fees (attach schedule)......... Click to see attachment 11,699 2,340   8,619
b Accounting fees (attach schedule)....... Click to see attachment 46,695 32,687   13,628
c Other professional fees (attach schedule).... Click to see attachment 278,940 192,372   86,568
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 110,660 17,974   31,991
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 2,941 0   2,980
22 Printing and publications.......... 89 89   0
23 Other expenses (attach schedule)....... Click to see attachment 667,713 643,291   10,578
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,936,191 1,183,036   677,535
25 Contributions, gifts, grants paid....... 3,962,120 2,447,120
26 Total expenses and disbursements. Add lines 24 and 25 5,898,311 1,183,036   3,124,655
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,482,910
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)...  
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............. 307,329 158,221 158,221
2 Savings and temporary cash investments......... 12,240,844 7,275,546 7,275,546
3 Accounts receivable bullet68,508
Less: allowance for doubtful accounts bullet   76,583 68,508 68,508
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.......... 1,315 11,961 11,961
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,310,284 Click to see attachment6,082,810 6,082,810
c Investments—corporate bonds (attach schedule)....... 6,876,336 Click to see attachment6,030,005 6,030,005
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 9,887,070 Click to see attachment16,007,439 16,007,439
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) 33,699,761 35,634,490 35,634,490
Liabilities 17 Accounts payable and accrued expenses.......... 102,004 194,941
18 Grants payable................. 733,000 1,563,278
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)......... 835,004 1,758,219
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........... 32,864,757 33,876,271
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)..... 32,864,757 33,876,271
30 Total liabilities and net assets/fund balances (see instructions). 33,699,761 35,634,490
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
32,864,757
2
Enter amount from Part I, line 27a .....................
2
-5,482,910
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
6,547,983
4
Add lines 1, 2, and 3 ..........................
4
33,929,830
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
53,559
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
33,876,271
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 PRUDENTIAL FINL, INC 4.5% 11/16/2021   2019-02-19 2021-11-16
b THE J.M. SMUCKER CO 3.5% 10/15/2021   2019-02-04 2021-10-15
c VORNADO REALTY TRUST 5.7% PDF CALLABLE   2019-01-18 2021-10-13
d VORNADO REALTY TRUST 5.7% PDF CALLABLE   2019-01-24 2021-10-13
e VORNADO REALTY TRUST 5.7% PDF CALLABLE   2019-03-01 2021-10-13
SEC 1231 GAIN FROM FREESTONE MANUFACTURED HOUSING COMMUNITIES III L.P. P 2020-12-10 2021-12-31
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 300,000   300,000 0
b 300,000   300,000 0
c 62,500   61,755 745
d 100,000   98,781 1,219
e 37,500   37,868 -368
613     613
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       0
b       0
c       745
d       1,219
e       -368
      613
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,209
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  
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 0
3 Add lines 1 and 2........................... 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 10,622
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 10,622
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 10,622
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet10,622 RefundedBullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
No
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, DE
    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
    Yes
     
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletHTTPS://WWW.BYLOCHACONFOUNDATION.ORG/
    14
    The books are in care ofbulletPACIFIC FOUNDATION SERVICES Telephone no.bullet (415) 561-6540

    Located atbullet1660 BUSH STREET SUITE 300SAN FRANCISCOCA ZIP+4bullet94109
    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)
    Yes
     
    (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)
    Yes
     
    (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
     
    No
    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
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    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
    JESSICA BYLO CHACON PRESIDENT
    5.00     		0 0 0
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    VERONICA KSIAZEK EXECUTIVE DIRECTOR
    40.00     		185,400 7,148 0
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    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
    NINA GROTCH DIRECTOR, HUMAN RIGH
    40.00     		147,000 25,338 0
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    MARTIN BOYDEN DIRECTOR, JUSTICE PR
    40.00     		147,000 24,834 0
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    DENISE BAMBAUER ASSC. DIRECTOR, HUMA
    40.00     		126,691 8,815 0
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    CATHERINE LEYS DIRECTOR, SYSTEMS AN
    20.00     		63,000 1,838 0
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    AIMABLE MPAYIMANA MANAGER, EAST AFRICA
    40.00     		63,000 0 0
    KN 14 AVENUE 45
    DON BOSCO,KIMIHURURA  
    RW
    Total number of other employees paid over $50,000...................bullet 0
    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
    FREESTONE CAPITAL MANAGEMENT LLC INVESTMENT MANAGEMENT 166,656
    101 CALIFORNIA STREET SUITE 1825
    SAN FRANCISCO,CA94104
    PACIFIC FOUNDATION SERVICES LLC MANAGEMENT 104,901
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    Total number of others receiving over $50,000 for professional services.............bullet0
    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.........................bullet0
    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
    25,297,459
    b
    Average of monthly cash balances.......................
    1b
    9,068,428
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    34,365,887
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    34,365,887
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    515,488
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    33,850,399
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,692,520
    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
    1,692,520
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
     
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    0
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,692,520
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,692,520
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,692,520
    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 1,692,520
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018...... 37,535
    d From 2019...... 1,004,132
    e From 2020...... 1,845,285
    f Total of lines 3a through e ........ 2,886,952
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 3,124,655
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 1,692,520
    e Remaining amount distributed out of corpus 1,432,135
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 4,319,087
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		4,319,087
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018.... 37,535
    c Excess from 2019.... 1,004,132
    d Excess from 2020.... 1,845,285
    e Excess from 2021.... 1,432,135
    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).)
    JESSICA BYLO CHACON
    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:
    EMILY JOHANSSON
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    (415) 561-6540
    EJOHANSSON@PFS-LLC.NET
    bThe form in which applications should be submitted and information and materials they should include:
    N/A
    cAny submission deadlines:
    N/A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    N/A
    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
    AMERICAN CIVIL LIBERTIES UNION FOUNDATION INC
    125 BROAD STREET 18TH FLOOR
    NEW YORK,NY10004     		  PC GENERAL OPERATING SUPPORT 25,000
    ASHESI UNIVERSITY FOUNDATION
    1601 5TH AVENUE SUITE 1100
    SEATTLE,WA98101     		  PC GENERAL OPERATING SUPPORT 25,000
    BESO FOUNDATION
    PO BOX 11348
    KAMPALA    
    UG     		  ER GENERAL OPERATING SUPPORT - EXPENDITURE RESPONSIBILITY 150,000
    CALIFORNIA CALLS EDUCATION FUND
    4801 EXPOSITION BOULEVARD
    LOS ANGELES,CA90016     		  PC GENERAL OPERATING SUPPORT 25,000
    CAPABLE
    PO BOX 9220
    MAMMOTH LAKES,CA93546     		  PC GENERAL OPERATING SUPPORT AND TO SUPPORT COVID-RELATED EXPENSES 32,000
    CODE FOR AMERICA LABS
    972 MISSION STREET 5TH FLOOR
    SAN FRANCISCO,CA94103     		  PC GENERAL OPERATING SUPPORT 50,000
    COMMUNITY PARTNERS
    1000 N ALAMEDA STREET
    LOS ANGELES,CA90012     		  PC GENERAL OPERATING SUPPORT FOR HEART FORWARD 25,000
    DOST EDUCATION
    638 19TH ST 12
    SAN FRANCISCO,CA94107     		  PC GENERAL OPERATING SUPPORT 40,000
    DZI FOUNDATION A COLORADO NON-PROFIT CORPORATION
    PO BOX 632
    RIDGWAY,CO81432     		  PC GENERAL OPERATING SUPPORT 60,000
    EARTHENABLE INC
    11 CANDLEBERRY LN
    WESTON,MA02493     		  PC GENERAL OPERATING SUPPORT 50,000
    EDUCATORS INSTITUTE FOR HUMAN RIGHTS
    1301 K STREET NW 3RD FLOOR C/O
    MINDSPACE
    WASHINGTON,DC20005     		  PC GENERAL OPERATING SUPPORT 275,000
    ELLA BAKER CENTER FOR HUMAN RIGHTS IN CALIFORNIA
    1419 34TH AVENUE SUITE 202
    OAKLAND,CA94601     		  PC GENERAL OPERATING SUPPORT 40,000
    FOUNDATION FOR LEARNING EQUALITY INC
    9700 GILMAN DR PMB 323
    LA JOLLA,CA92093     		  PC GENERAL OPERATING SUPPORT 65,000
    FRIENDS OF ORPHANS
    PO BOX 29536
    KAMPALA,PADER  
    UG     		  ER GENERAL OPERATING SUPPORT - EXPENDITURE RESPONSIBILITY 87,000
    GLORIOUS ORPHANAGE
    268 SUMMER ST
    BOSTON,MA02210     		  PC GENERAL OPERATING SUPPORT 172,370
    GROUNDSWELL PROJECT CWDU COMMUNITY INTEREST COMPANY
    9 HIGHGROVE CLOSE
    LONDON,GREATER LONDONN11 3PT
    UK     		  ER GENERAL OPERATING SUPPORT - EXPENDITURE RESPONSIBILITY 40,000
    HOPE OF FAMILY
    MUBUGA CELL - SHYOGWE SECTOR
    MUHANGA DISTRICT,SOUTHERN PROVINCE  
    RW     		  ER COVID FUNDING AND GENERAL OPERATING SUPPORT - EXPENDITURE RESPONSIBILITY 115,000
    INNER CITY LAW CENTER
    1309 EAST SEVENTH ST
    LOS ANGELES,CA90021     		  PC GENERAL OPERATING SUPPORT 25,000
    KULA PROJECT INC
    2307 COUNSEL CT
    MARIETTA,GA30068     		  PC GENERAL OPERATING SUPPORT 75,000
    LWALA COMMUNITY ALLIANCE
    PO BOX 60688
    NASHVILLE,TN37206     		  PC GENERAL OPERATING SUPPORT 25,000
    M K GANDHI INSTITUTE FOR NONVIOLENCE
    929 SOUTH PLYMOUTH AVENUE
    ROCHESTER,NY14608     		  PC GENERAL OPERATING SUPPORT 100,000
    MAMA HOPE
    10 MIDFARM ROAD
    ROCKVILLE CENTRE,NY11570     		  PC COVID-RELATED EXPENSES 5,000
    NATIONAL POLICE ACCOUNTABILITY PROJECT
    2022 ST BERNARD AVE SUITE 310
    NEW ORLEANS,LA70116     		  PC GENERAL OPERATING SUPPORT 25,000
    NORTHERN CALIFORNIA GRANTMAKERS
    160 SPEAR STREET SUITE 360
    SAN FRANCISCO,CA94105     		  PC 2021 MEMBERSHIP 4,250
    NURSE-FAMILY PARTNERSHIP
    1900 GRANT STREET SUITE 400
    DENVER,CO80203     		  PC GENERAL OPERATING SUPPORT 50,000
    ONE AND ALL AID
    TREVELYAN COTTAGE ROSUDGEON
    PENZANCE,CORNWALLTR20 9PP
    UK     		  ER GENERAL SUPPORT FOR THE ANGELS CHILD-FRIENDLY SPACE (SCHOOL) IN SINJAR, IRAQ 55,000
    OUR LADY OF PERPETUAL SUPPORT FOR PEOPLE LIVING WITH AIDS AND ORPHANS
    KASULE SHOPPING CENTER OFF KIBOS
    ROAD P O BOX 3400
    KISUMU,NYANZA40100
    KE     		  ER GENERAL OPERATING SUPPORT - EXPENDITURE RESPONSIBILITY 35,000
    PEACEDU INITIATIVE RWANDA
    KG 48A STREET
    GASABO KIGALI    
    RW     		  ER GENERAL OPERATING SUPPORT - EXPENDITURE RESPONSIBILITY 55,000
    SPARK MICROGRANTS
    PO BOX 20435 GREELEY SQUARE STATION
    4 EAST 27TH STREET
    NEW YORK,NY10001     		  PC GENERAL OPERATING SUPPORT 25,000
    STRONGMINDS INC
    515 VALLEY STREET STE 200
    MAPLEWOOD,NJ07040     		  PC GENERAL OPERATING SUPPORT 25,000
    SUMMER SEARCH
    PO BOX 7731
    SAN FRANCISCO,CA94120     		  PC GENERAL OPERATING SUPPORT 25,000
    THE REGENTS OF THE UNIVERSITY OF CALIFORNIA AT BERKELEY
    SPONSORED PROJECTS OFFICE UC
    BERKELEY 1608 FOURTH STREET SUITE 2
    BERKELEY,CA94710     		  PC THE CALIFORNIA POLICY LAB AND INDIRECT FEE TO UC BERKELEY 27,500
    TOSTAN
    655 NEW YORK AVENUE NW 6TH FLOOR
    WASHINGTON,DC20001     		  PC GENERAL OPERATING SUPPORT 50,000
    TROPICAL FOCUS FOR RURAL DEVELOPMENT
    PO BOX 6443-40103 RIAT HILLS
    KAKAMEGA ROAD
    KISUMU,NYANZA  
    KE     		  ER COVID FUNDING AND GENERAL OPERATING SUPPORT - EXPENDITURE RESPONSIBILITY 104,000
    TRUST FOR CONSERVATION INNOVATION DBA MULTIPLIER
    405 14TH STREET SUITE 164
    OAKLAND,CA94702     		  PC GENERAL OPERATING SUPPORT FOR PROJECT WAYFINDER 50,000
    UC SAN DIEGO FOUNDATION
    9500 GILMAN DRIVE 0940
    LA JOLLA,CA92093     		  PC GENERAL OPERATING SUPPORT FOR THE SOCIAL IMPACT INCUBATOR 150,000
    UGANDAN WATER PROJECT
    PO BOX 262
    LIMA,NY14485     		  PC GENERAL OPERATING SUPPORT 10,000
    USHAHIDI INC
    12472 LAKE UNDERHILL DRIVE 330
    ORLANDO,FL32828     		  PC GENERAL OPERATING SUPPORT 150,000
    VERA INSTITUTE OF JUSTICE INC
    34 35TH STREET 4-2A
    BROOKLYN,NY11232     		  PC GENERAL OPERATING SUPPORT 25,000
    VISION GLOBALE DORIENTATION DES JEUNES
    DU CENTRE AVENUE N40
    BUTEMBO CITY,NORTH KIVU PROVIN  
    CG     		  ER GENERAL OPERATING SUPPORT - EXPENDITURE RESPONSIBILITY 75,000
    Total .................................bullet 3a 2,447,120
    bApproved for future payment
    BESO FOUNDATION
    PO BOX 11348
    KAMPALA    
    UG     		  ER GENERAL OPERATING SUPPORT - EXPENDITURE RESPONSIBILITY 110,000
    CAPABLE
    PO BOX 9220
    MAMMOTH LAKES,CA93546     		  PC GENERAL OPERATING SUPPORT 25,000
    CODE FOR AMERICA LABS
    972 MISSION STREET 5TH FLOOR
    SAN FRANCISCO,CA94103     		  PC GENERAL OPERATING SUPPORT 50,000
    COMMUNITY PARTNERS
    1000 N ALAMEDA STREET
    LOS ANGELES,CA90012     		  PC GENERAL OPERATING SUPPORT FOR HEART FORWARD 25,000
    DZI FOUNDATION A COLORADO NON-PROFIT CORPORATION
    PO BOX 632
    RIDGWAY,CO81432     		  PC GENERAL OPERATING SUPPORT 60,000
    EARTHENABLE INC
    11 CANDLEBERRY LN
    WESTON,MA02493     		  PC GENERAL OPERATING SUPPORT 50,000
    EDUCATORS INSTITUTE FOR HUMAN RIGHTS
    1301 K STREET NW 3RD FLOOR C/O
    MINDSPACE
    WASHINGTON,DC20005     		  PC GENERAL OPERATING SUPPORT 137,500
    ELLA BAKER CENTER FOR HUMAN RIGHTS IN CALIFORNIA
    1419 34TH AVENUE SUITE 202
    OAKLAND,CA94601     		  PC GENERAL OPERATING SUPPORT 40,000
    FRIENDS OF ORPHANS
    PO BOX 29536
    KAMPALA,PADER  
    UG     		  ER GENERAL OPERATING SUPPORT - EXPENDITURE RESPONSIBILITY 100,000
    GROUNDSWELL PROJECT CWDU COMMUNITY INTEREST COMPANY
    9 HIGHGROVE CLOSE
    LONDON,GREATER LONDONN11 3PT
    UK     		  ER GENERAL OPERATING SUPPORT - EXPENDITURE RESPONSIBILITY 20,000
    HOPE OF FAMILY
    MUBUGA CELL - SHYOGWE SECTOR
    MUHANGA DISTRICT,SOUTHERN PROVINCE  
    RW     		  ER GENERAL OPERATING SUPPORT - EXPENDITURE RESPONSIBILITY AND COVID FUNDING 200,000
    NURSE-FAMILY PARTNERSHIP
    1900 GRANT STREET SUITE 400
    DENVER,CO80203     		  PC GENERAL OPERATING SUPPORT 50,000
    PEACEDU INITIATIVE RWANDA
    KG 48A STREET
    GASABO KIGALI    
    RW     		  ER GENERAL OPERATING SUPPORT - EXPENDITURE RESPONSIBILITY 60,000
    SLUM CHILDREN FOUNDATION KAMWOKYA
    PO BOX 5301
    KAMPALA,KAMWOKYA  
    UG     		  ER TO FUND CHARITABLE ACTIVITIES OF THE ORGANIZATION, INCLUDING EDUCATING CHILDREN AND PROCURING EQUIPMENT FOR TRAINING, PROGRAMMING, AND CONFERENCES. 10,000
    THE REGENTS OF THE UNIVERSITY OF CALIFORNIA AT BERKELEY
    SPONSORED PROJECTS OFFICE UC
    BERKELEY 1608 FOURTH STREET SUITE 2
    BERKELEY,CA94710     		  PC THE CALIFORNIA POLICY LAB AND INDIRECT FEE TO UC BERKELEY 27,500
    TOSTAN
    655 NEW YORK AVENUE NW 6TH FLOOR
    WASHINGTON,DC20001     		  PC GENERAL OPERATING SUPPORT 50,000
    TROPICAL FOCUS FOR RURAL DEVELOPMENT
    PO BOX 6443-40103 RIAT HILLS
    KAKAMEGA ROAD
    KISUMU,NYANZA  
    KE     		  ER COVID FUNDING AND GENERAL OPERATING SUPPORT - EXPENDITURE RESPONSIBILITY 200,000
    TRUST FOR CONSERVATION INNOVATION DBA MULTIPLIER
    405 14TH STREET SUITE 164
    OAKLAND,CA94702     		  PC GENERAL OPERATING SUPPORT FOR PROJECT WAYFINDER 50,000
    USHAHIDI INC
    12472 LAKE UNDERHILL DRIVE 330
    ORLANDO,FL32828     		  PC GENERAL OPERATING SUPPORT 100,000
    VISION GLOBALE DORIENTATION DES JEUNES
    DU CENTRE AVENUE N40
    BUTEMBO CITY,NORTH KIVU PROVIN  
    CG     		  ER GENERAL OPERATING SUPPORT - EXPENDITURE RESPONSIBILITY 150,000
    Total .................................bullet 3b 1,515,000
    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 1,118  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......     16 -621,614  
    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 2,209  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 -206,988 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -206,988
    (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:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    THE BYLO CHACON FOUNDATION
    EIN:
    83-1651595
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT & TAX PREPARATION FEES 46,695 32,687   13,628

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

    TY 2021 ExpenditureResponsibilityStmt
    Name:
    THE BYLO CHACON FOUNDATION
    EIN:
    83-1651595
    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
    HOPE OF FAMILY
          		MUBUGA CELL - SHYOGWE SECTOR
    MUHANGA,SOUTHERN PROVINCE  
    RW     		2021-06-17 115,000 THE GRANTS FROM THE BYLO CHACON FOUNDATION WERE USED FOR HOPE OF FAMILY'S MISSION OF REDUCING EXTREME FAMILY POVERTY BY PROVIDING WRAP AROUND SUPPORT TO FAMILIES THAT STRENGTHENS THE EDUCATION OF PRIMARY SCHOOL-AGED CHILDREN. 115,000   06/01/22 2022-06-01 THE GRANTS FROM THE FOUNDATION WERE USED IN CONFORMITY WITH THE TERMS OF THE GRANTS AND THE PROGRESS HAS BEEN MADE TOWARD ACHIEVING THE GOALS OF THE GRANTS.
    GROUNDSWELL PROJECT CWDU COMMUNITY INTEREST COMPANY
          		9 HIGHGROVE CLOSE
    LONDON,GREATER LONDONN11 3PT
    UK     		2021-03-18 40,000 THE GRANTS FROM THE BYLO CHACON FOUNDATION PROVIDED FUNDING FOR STAFFING COSTS. 40,000   03/31/22 2022-03-31 THE GRANTS FROM THE FOUNDATION WERE USED IN CONFORMITY WITH THE TERMS OF THE GRANTS AND THE PROGRESS HAS BEEN MADE TOWARD ACHIEVING THE GOALS OF THE GRANTS.
    ONE AND ALL AID
          		TREVELYAN COTTAGE
    ROSUDGEON PENZANCE,CORNWALLTR20 9PP
    UK     		2021-08-12 55,000 THE GRANTS FROM THE BYLO CHACON FOUNDATION WERE USED FOR GENERAL SUPPORT FOR THE ANGELS CHILD-FRIENDLY SPACE (SCHOOL) IN SINJAR, IRAQ. 55,000   09/30/22 2022-09-30 THE GRANTS FROM THE FOUNDATION WERE USED IN CONFORMITY WITH THE TERMS OF THE GRANTS AND THE PROGRESS HAS BEEN MADE TOWARD ACHIEVING THE GOALS OF THE GRANTS.
    TROPICAL FOCUS FOR RURAL DEVELOPMENT
          		PO BOX 6443-40103 RIAT HILLS
    KAKAMEGA ROAD
    KISUMU,NYANZA  
    KE     		2021-06-17 104,000 THE GRANTS FROM THE BYLO CHACON FOUNDATION WERE USED FOR TROPICAL FOCUS FOR RURAL DEVELOPMENT'S MISSION OF IMPROVING THE LIVELIHOODS OF RURAL POOR THROUGH DEVELOPMENT OF INCOME GENERATING PROJECTS, SUPPORT FOR EDUCATION OF UNDER-SERVED CHILDREN, SHELTER AND SUPPORT FOR BASIC RURAL INFRASTRUCTURES, SOCIO-ECONOMIC RE-STABILIZATION AGAINST THE EFFECTS OF HIV/AIDS, AND DEVELOPMENT OF DOMESTIC WATER SUPPLY SYSTEM. 104,000   07/31/22 2022-07-31 THE GRANTS FROM THE FOUNDATION WERE USED IN CONFORMITY WITH THE TERMS OF THE GRANTS AND THE PROGRESS HAS BEEN MADE TOWARD ACHIEVING THE GOALS OF THE GRANTS.
    VISION GLOBALE DORIENTATION DES JEUNES
          		DU CENTRE AVENUE N40
    BUTEMBO CITY,NORTH KIVU PROVIN  
    CG     		2021-06-17 75,000 THE GRANTS FROM THE BYLO CHACON FOUNDATION WERE USED FOR VIGLOJ'S MISSION OF TRAINING AND ORGANIZING YOUNG PEOPLE, WHO ARE TRAINED IN ACTION GROUPS, AND TO SUPPORT THEM IN THEIR ACTIONS OF TRANSFORMATION WITHIN THEIR COMMUNITIES. 75,000   07/31/22 2022-07-31 THE GRANTS FROM THE FOUNDATION WERE USED IN CONFORMITY WITH THE TERMS OF THE GRANTS AND THE PROGRESS HAS BEEN MADE TOWARD ACHIEVING THE GOALS OF THE GRANTS.
    OUR LADY OF PERPETUAL SUPPORT FOR PEOPLE LIVING WITH AIDS AND ORPHANS
          		KASULE SHOPPING CENTER OFF KIBOS
    ROAD PO BOX 3400
    KISUMU,NYANZA40100
    KE     		2021-09-23 30,000 THE GRANTS FROM THE BYLO CHACON FOUNDATION WERE USED FOR OUR LADY OF PERPETUAL SUPPORT FOR PEOPLE LIVING WITH AIDS AND ORPHANS'S NEED-BASED OVC CARE AND SUPPORT PROJECT, WHICH ENSURED SUSTAINED ACCESS TO HEALTH AND SOCIAL SERVICES FOR ORPHANS AND VULNERABLE CHILDREN, ALONG WITH THEIR HOUSEHOLDS. 30,000   09/01/22 2022-09-01 THE GRANTS FROM THE FOUNDATION WERE USED IN CONFORMITY WITH THE TERMS OF THE GRANTS AND THE PROGRESS HAS BEEN MADE TOWARD ACHIEVING THE GOALS OF THE GRANTS.
    PEACEDU INITIATIVE RWANDA - PEACEDU
          		KG 48A STREET
    GASABO KIGALI    
    RW     		2020-10-01 25,000 THE GRANTS FROM THE BYLO CHACON FOUNDATION WERE USED FOR PEACEDU'S GOALS IN ORGANIZING AND CONDUCTING TRAINING ABOUT PEACE BUILDING, GENOCIDE PREVENTION, HEALING AND STORYTELLING, AND COUNSELING; DOCUMENTATION OF GENOCIDE; SUPPORTING GENOCIDE WIDOWS AND VULNERABLE YOUTHS WITH MUTUAL HEALTH INSURANCE AND SCHOOL MATERIALS; ORGANIZING AND PERFORMING VISITS TO GENOCIDE MEMORIAL SITES; FORMING AND MAKING USE OF YOUTH CLUBS TO FIGHT AGAINST GENOCIDE IDEOLOGY; TRAINING OF YOUTH ABOUT PEACE BUILDING AND HUMAN RIGHTS; AND THE REHABILITATION OF HOUSES OF GENOCIDE SURVIVORS WIDOWS. 55,000   10/01/21 2021-10-01 THE GRANTS FROM THE FOUNDATION WERE USED IN CONFORMITY WITH THE TERMS OF THE GRANTS AND THE PROGRESS HAS BEEN MADE TOWARD ACHIEVING THE GOALS OF THE GRANTS.
    BESO FOUNDATION
          		PO BOX 11348
    KAMPALA,WANTEETE TRADING  
    UG     		2021-06-17 150,000 THE GRANTS FROM THE BYLO CHACON FOUNDATION WERE USED TO HELP THE BESO FOUNDATION ACHIEVE THEIR LONG TERM SUSTAINABILITY STRATEGY, WHICH INCLUDES BECOMING SELF-SUFFICIENT IN FINANCING ITS OWN OPERATIONAL COSTS, ENSURING SUSTAINABILITY OF KAYUNGA MODEL SCHOOLS AND ECONOMIC EMPOWERMENT PROGRAMS, AND ESTABLISHING A MODEL SCHOOL IN EASTERN UGANDA BY 2025 TO PROVIDE GIRL CHILD ACCESS TO AFFORDABLE QUALITY EDUCATION. 150,000   06/01/22 2022-06-01 THE GRANTS FROM THE FOUNDATION WERE USED IN CONFORMITY WITH THE TERMS OF THE GRANTS AND THE PROGRESS HAS BEEN MADE TOWARD ACHIEVING THE GOALS OF THE GRANTS.
    FRIENDS OF ORPHANS
          		PO BOX 29536
    PADER    
    UG     		2021-07-06 50,000 THE GRANTS FROM THE BYLO CHACON FOUNDATION WERE USED TO HELP FRIENDS OF ORPHANS ACHIEVE THEIR MISSION OF INCREASING WOMENS ECONOMIC OPPORTUNITIES AND ACCESS TO SPACES OF DECISION-MAKING, PROMOTING THEIR POTENTIALS, EMPOWERMENT, JOBS CREATION, AND REDUCING DOMESTIC VIOLENCE. 50,000   06/14/22 2022-06-14 THE GRANTS FROM THE FOUNDATION WERE USED IN CONFORMITY WITH THE TERMS OF THE GRANTS AND THE PROGRESS HAS BEEN MADE TOWARD ACHIEVING THE GOALS OF THE GRANTS.
    PEACEDU INITIATIVE RWANDA - PEACEDU
          		KG 48A STREET
    GASABO KIGALI    
    RW     		2021-09-23 30,000 THE GRANTS FROM THE BYLO CHACON FOUNDATION WERE USED FOR PEACEDU'S GOALS IN ORGANIZING AND CONDUCTING TRAINING ABOUT PEACE BUILDING, GENOCIDE PREVENTION, HEALING AND STORYTELLING, AND COUNSELING; DOCUMENTATION OF GENOCIDE; SUPPORTING GENOCIDE WIDOWS AND VULNERABLE YOUTHS WITH MUTUAL HEALTH INSURANCE AND SCHOOL MATERIALS; ORGANIZING AND PERFORMING VISITS TO GENOCIDE MEMORIAL SITES; FORMING AND MAKING USE OF YOUTH CLUBS TO FIGHT AGAINST GENOCIDE IDEOLOGY; TRAINING OF YOUTH ABOUT PEACE BUILDING AND HUMAN RIGHTS; AND THE REHABILITATION OF HOUSES OF GENOCIDE SURVIVORS WIDOWS. 30,000   10/01/22 2022-10-01 THE GRANTS FROM THE FOUNDATION WERE USED IN CONFORMITY WITH THE TERMS OF THE GRANTS AND THE PROGRESS HAS BEEN MADE TOWARD ACHIEVING THE GOALS OF THE GRANTS.
    FRIENDS OF ORPHANS
          		PO BOX 29536
    PADER    
    UG     		2021-12-09 37,000 THE GRANTS FROM THE BYLO CHACON FOUNDATION WERE USED TO HELP FRIENDS OF ORPHANS ACHIEVE THEIR MISSION OF INCREASING WOMENS ECONOMIC OPPORTUNITIES AND ACCESS TO SPACES OF DECISION-MAKING, PROMOTING THEIR POTENTIALS, EMPOWERMENT, JOBS CREATION, AND REDUCING DOMESTIC VIOLENCE. 37,000   06/14/22 2022-06-14 THE GRANTS FROM THE FOUNDATION WERE USED IN CONFORMITY WITH THE TERMS OF THE GRANTS AND THE PROGRESS HAS BEEN MADE TOWARD ACHIEVING THE GOALS OF THE GRANTS.

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE BYLO CHACON FOUNDATION
    EIN:
    83-1651595
    Name of Bond End of Year Book Value End of Year Fair Market Value
    SCHWAB #1681 BONDS 6,030,005 6,030,005

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE BYLO CHACON FOUNDATION
    EIN:
    83-1651595
    Name of Stock End of Year Book Value End of Year Fair Market Value
    SCHWAB #5922 EQUITY 5,879,210 5,879,210
    SCHWAB #1681 EQUITY 203,600 203,600

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE BYLO CHACON FOUNDATION
    EIN:
    83-1651595
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SCHWAB #5922 EXCHANGE TRADED FUNDS FMV 4,347,541 4,347,541
    SCHWAB #5922 MUTUAL FUNDS FMV 8,327,670 8,327,670
    INVESTMENT IN VIRTU EVERGREEN FUND LP FMV 2,328,008 2,328,008
    INVESTMEMT IN FREESTONE MANUFACTURED COMMUNITIES III LP FMV 1,004,220 1,004,220

    TY 2021 LegalFeesSchedule
    Name:
    THE BYLO CHACON FOUNDATION
    EIN:
    83-1651595
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 11,699 2,340   8,619


    TY 2021 OtherDecreasesSchedule
    Name:
    THE BYLO CHACON FOUNDATION
    EIN:
    83-1651595
    Description Amount
    BOOK/TAX DIFFERENCES 53,559


    TY 2021 OtherExpensesSchedule
    Name:
    THE BYLO CHACON FOUNDATION
    EIN:
    83-1651595
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRINET SERVICE FEES 11,433 4,116   7,317
    WORKERS' COMPENSATION 5,095 1,834   3,261
    VACATION EXPENSE 21,632 7,788   0
    SUBSCRIPTIONS 1,781 1,781   0
    TECHNOLOGY EXPENSE 4,262 4,262   0
    SUPPLIES 56 56   0
    DEPARTMENT OF JUSTICE ANNUAL RENEWAL 225 225   0
    SOS FILING FEES 93 93   0
    DELAWARE REGISTERED AGENT STATUTORY REPRESENTATION FEE 498 498   0
    BANK FEES 624 624   0
    GIFTS 400 400   0
    RENTAL LOSS FROM VIRTU EVERGREEN FUND LP 85,682 85,682   0
    RENTAL LOSS FROM FREESTONE MANUFACTURED HOUSING COMMUNITIES III LP 535,932 535,932   0


    TY 2021 OtherIncreasesSchedule
    Name:
    THE BYLO CHACON FOUNDATION
    EIN:
    83-1651595
    Description Amount
    UNREALIZED GAIN/LOSS 5,879,983
    PRIOR YEAR GRANT PAYABLES PAID DURING CURRENT YEAR 668,000


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE BYLO CHACON FOUNDATION
    EIN:
    83-1651595
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOUNDATION MANAGEMENT FEES 104,901 20,980   83,921
    INVESTMENT MANAGEMENT FEES 166,656 166,656   0
    WEBSITE HOSTING 236 0   236
    OTHER STAFF DEVELOPMENT 3,653 1,242   2,411
    OTHER PROFESSIONAL SERVICES 3,494 3,494   0


    TY 2021 TaxesSchedule
    Name:
    THE BYLO CHACON FOUNDATION
    EIN:
    83-1651595
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL EMPLOYER TAXES 49,927 17,974   31,991
    FEDERAL TAXES 60,733 0   0