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 STEPHEN PHILIBOSIAN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)46-930 W ELDORADO DR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
INDIAN WELLS, CA92210
A Employer identification number

23-7029751
B Telephone number (see instructions)

(760) 568-3920
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$8,983,320J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 57,331 57,331 57,331
4 Dividends and interest from securities... 135,319 135,433 135,433
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 529,144
b Gross sales price for all assets on line 6a 2,543,082
7 Capital gain net income (from Part IV, line 2)... 529,144
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........ 721,794 721,908 192,764
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 66,082 50,497 0 15,585
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,767 2,767 0 0
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 attachment 19,045 0 0 19,045
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 87,894 53,264 0 34,630
25 Contributions, gifts, grants paid....... 302,627 302,627
26 Total expenses and disbursements. Add lines 24 and 25 390,521 53,264 0 337,257
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 331,273
b Net investment income (if negative, enter -0-) 668,644
c Adjusted net income (if negative, enter -0-)... 192,764
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............. 22,317 31,450 31,450
2 Savings and temporary cash investments......... 106,681 254,292 254,292
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,451,923 Click to see attachment2,453,692 4,907,619
c Investments—corporate bonds (attach schedule)....... 1,778,315 Click to see attachment1,673,148 1,686,900
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,333,536 Click to see attachment1,606,856 2,103,059
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) 5,692,772 6,019,438 8,983,320
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
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........ 2,956,367 2,956,367
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 2,736,405 3,063,071
29 Total net assets or fund balances (see instructions)..... 5,692,772 6,019,438
30 Total liabilities and net assets/fund balances (see instructions). 5,692,772 6,019,438
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
5,692,772
2
Enter amount from Part I, line 27a .....................
2
331,273
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
143
4
Add lines 1, 2, and 3 ..........................
4
6,024,188
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
4,750
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
6,019,438
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 JP MORGAN ULTRASHORT P 2020-05-11 2021-01-06
b JP MORGAN ULTRASHORT P 2020-05-11 2021-04-15
c AMERN TOWER CORP P 2018-01-30 2021-04-05
d APPLE INC. P 2013-04-02 2021-01-06
e APPLE INC. P 2013-04-02 2021-09-13
APPLE INC. P 2013-04-02 2021-09-13
AUTO DATA PROCESSING P 2010-12-31 2021-02-11
BAXTER INTERNATIONAL P 2016-02-01 2021-01-06
EATON CORP P 2012-12-04 2021-09-13
ISHARES CORE S&P MID CAP P 2009-09-10 2021-05-03
ISHARES CORE S&P MID CAP P 2009-09-10 2021-11-02
JOHNSON & JOHNSON P 2012-01-26 2021-12-02
JP MORGAN ULTRASHORT P 2020-05-11 2021-06-28
MASTERCARD INC P 2014-10-15 2021-02-09
MASTERCARD INC P 2014-10-15 2021-02-11
MASTERCARD INC P 2014-10-15 2021-04-05
MERCK & CO INC P 2010-12-31 2021-01-06
THE COCA-COLA CO P 2005-02-01 2021-01-06
UNITEDHEALTH GRP INC P 2013-02-13 2021-07-13
ISHARES BROAD USG HG YLDCRP P 2021-02-10 2021-04-15
ISHARES FALLEN ANGELS USD BOND P 2021-02-10 2021-04-15
ISHARES FLOATING RATE BOND P 2020-05-12 2021-04-15
ISHARES FLOATING RATE BOND P 2021-01-11 2021-04-15
ISHARES HIGH YIELD CORPORATE P 2020-10-07 2021-04-15
ISHARES HIGH YIELD CORPORATE P 2021-01-11 2021-04-15
ISHARES IBOXX HIGH YIELD BOND P 2020-05-12 2021-02-10
ISHARES IBOXX HIGH YIELD BOND P 2020-06-04 2021-02-10
ISHARES IBOXX HIGH YIELD BOND P 2020-06-04 2021-04-15
ISHARES IBOXX HIGH YIELD BOND P 2021-01-11 2021-04-15
ISHARES JPMORGAN USD MTSBOND P 2020-10-07 2021-04-15
ISHARES JPMORGAN USD MTSBOND P 2021-01-11 2021-04-15
ISHARES JPMORGAN USD MTSBOND P 2021-02-10 2021-04-15
ISHARES MBS ETF P 2020-05-12 2021-04-15
ISHARES MBS ETF P 2020-10-07 2021-04-15
ISHARES MBS ETF P 2021-01-11 2021-04-15
ISHARES TR IS 1 5 YT IN GR CR BD P 2020-05-12 2021-04-15
ISHARES TR IS 1 5 YT IN GR CR BD P 2021-01-11 2021-04-15
ISHARES 7-10 YEAR TRSURY BOND P 2020-06-04 2021-04-15
ISHARES 7-10 YEAR TRSURY BOND P 2021-01-11 2021-04-15
ISHARES FLOATING RATE BOND P 2020-01-08 2021-02-10
ISHARES FLOATING RATE BOND P 2020-01-08 2021-04-15
ISHARES MBS ETF P 2019-12-30 2021-04-15
ISHARES MBS ETF P 2020-01-08 2021-04-15
ISHARES TR IS 1 5 YT IN GR CR BD P 2020-01-08 2021-04-15
ISHARES TR IS 1 5 YT IN GR CR BD P 2021-04-09 2021-04-15
LAM RESEARCH CORP P 2020-10-13 2021-06-15
CITIGROUP INC. P 2020-01-13 2021-03-30
COMCAST CORP P 2020-01-13 2021-12-03
CVS HEALTH CORP P 2020-01-13 2021-12-28
CVS HEALTH CORP P 2020-04-15 2021-12-28
CVS HEALTH CORP P 2020-09-04 2021-12-28
JPMORGAN CHASE & 4.35XXX P 2020-01-13 2021-08-15
UNITEDHEALTH GR 2.875XXX P 2020-01-13 2021-12-15
WALGREENS BOOTS A3.8% P 2020-01-13 2021-05-06
ACTIVISION BLIZZARD P 2021-07-14 2021-11-17
ALEXANDRIA REAL EST P 2021-01-11 2021-03-31
AMERICAN CAMPUS COMM P 2021-07-27 2021-06-17
AMERN TOWER CORP P 2021-01-11 2021-03-31
AUTO DATA PROCESSING P 2020-05-22 2021-01-11
BECTON DICKINSON & CO P 2020-09-23 2021-07-14
BLACKROCK INC. P 2020-03-18 2021-01-11
CAMDEN PROPERTY TR P 2021-01-11 2021-03-31
CME GROUP INC P 2020-03-18 2021-01-11
CVS HEALTH CORP P 2020-03-18 2021-01-11
CYRUSONE LLC P 2021-01-11 2021-01-27
EASTGROUP PROPERTIES P 2021-01-11 2021-12-28
EQUINIX INC P 2021-01-11 2021-03-31
EQUITY LIFESTYLE PPT P 2021-01-11 2021-11-19
EQUITY RESIDENTIAL P 2021-01-11 2021-03-31
GRIFOLS SA P 2020-05-12 2021-04-01
GRIFOLS SA P 2020-06-18 2021-04-01
GRIFOLS SA P 2020-09-23 2021-04-01
GRIFOLS SA P 2021-01-11 2021-04-01
HEALTHPEAK PPTYS INC P 2021-01-11 2021-01-27
HLTHCARE TR OF AMER P 2021-01-11 2021-08-05
HUDSON PAC PPTYS INC P 2021-01-11 1927-01-27
HUDSON PAC PPTYS INC P 2021-01-11 2021-01-27
IHS MARKIT LTD P 2020-06-15 2021-05-10
IHS MARKIT LTD P 2020-09-23 2021-05-10
INTUIT INC P 2020-09-22 2021-01-11
ISHARES CORE MSCI P 2020-07-02 2021-01-11
ISHARES CORE MSCI EAFE P 2020-03-18 2021-01-11
ISHARES CORE S&P 500 P 2020-09-23 2021-01-11
ISHARES CORE US REIT P 2021-01-11 2021-02-08
ISHARES MBS ETF P 2020-09-23 2021-04-08
ISHARES MBS ETF P 2021-01-11 2021-04-08
ISHARES TRT IS 5 10 INV GR CR BD P 2020-09-23 2021-04-08
ISHARES TRT IS 5 10 INV GR CR BD P 2021-01-11 2021-04-08
ISHARES US TREASURY BOND P 2020-09-23 2021-04-08
ISHARES US TREASURY BOND P 2021-01-11 2021-04-08
JBG SMITH PROPERTIES P 2021-01-11 2021-11-19
L OREAL SA P 2020-09-23 2021-06-28
L OREAL SA P 2021-01-11 2021-06-28
NIKE INC P 2020-03-18 2021-01-11
OMEGA HLTHCARE INVTS P 2021-01-11 2021-06-17
ONEOK INC. P 2020-03-18 2021-01-11
POOL CORP P 2020-05-05 2021-01-11
PROLOGIS INC. P 2021-01-11 2021-03-31
PROLOGIS INC. P 2021-01-11 2021-11-17
PUBLIC STORAGE P 2021-01-27 2021-06-17
PUBLIC STORAGE P 2021-01-27 2021-11-19
QUALCOMM INC P 2020-03-18 2021-01-11
RECKITT BENCKINSER GROUP P 2020-09-23 2021-06-28
RECKITT BENCKINSER GROUP P 2021-01-11 2021-06-28
RETAIL OPPORTUNITY I P 2021-01-11 2021-11-19
RETAIL OPPORTUNITY I P 2021-01-11 2021-11-19
RETAIL OPPORTUNITY I P 2021-01-11 2021-11-19
RETAIL OPPORTUNITY I P 2021-01-11 2021-11-19
SAP SE P 2020-06-18 2021-04-01
SAP SE P 2020-09-23 2021-04-01
SAP SE P 2021-01-11 2021-04-01
SPDR DOW JONES P 2021-01-11 2021-03-31
STARBUCKS CORP P 2020-03-19 2021-01-11
VANGUARD GLBAL EX US P 2020-09-23 2021-06-24
VANGUARD GROWTH ETF P 2020-09-23 2021-01-11
VANGUARD GROWTH ETF IV P 2020-09-23 2021-04-08
VANGUARD REAL ESTATE ETF IV P 2020-09-23 2021-04-08
VANGUARD REAL ESTATE ETF IV P 2020-09-23 2021-06-24
VANGUARD SMALL CAP GROWTH ETF P 2020-09-23 2021-01-11
VANGUARD SMALL CAP GROWTH ETF IV P 2020-09-23 2021-04-08
VANGUARD SMALL CAP VALUE ETF P 2020-09-23 2021-01-11
VANGUARD SMALL CAP VALUE ETF IV P 2020-09-23 2021-04-08
VANGUARD VALUE ETF P 2020-09-23 2021-01-11
VANGUARD VALUE ETF IV P 2020-09-23 2021-04-08
XTRACKERS MSCI EAFE HDGEQY ETF P 2020-09-23 2021-06-24
ARTHUR GALLAGHER & CO P 2020-03-18 2021-04-08
BECTON DICKINSON & CO P 2020-03-18 2021-07-14
BECTON DICKINSON & CO P 2020-03-19 2021-07-14
BECTON DICKINSON & CO P 2020-04-14 2021-07-14
BECTON DICKINSON & CO P 2020-05-12 2021-07-14
BECTON DICKINSON & CO P 2020-06-15 2021-07-14
GRIFOLS SA P 2019-12-30 2021-04-01
IHS MARKIT LTD P 2020-03-18 2021-04-08
IHS MARKIT LTD P 2020-03-18 2021-05-10
IHS MARKIT LTD P 2020-03-24 2021-05-10
IHS MARKIT LTD P 2020-03-27 2021-05-10
IHS MARKIT LTD P 2020-04-28 2021-05-10
ISHARES CORE MSCI EAFE ETF IV P 2020-03-18 2021-06-24
ISHARES CORE S&P 500 P 2020-09-23 2021-11-17
L OREAL SA P 2019-12-30 2021-06-28
L OREAL SA P 2020-05-12 2021-06-28
ONEOK INC. P 2020-03-18 2021-04-18
ONEOK INC. P 2020-03-19 2021-04-08
RECKITT BENCKINSER GROUP P 2019-12-30 2021-06-28
RECKITT BENCKINSER GROUP P 2020-04-28 2021-06-28
RECKITT BENCKINSER GROUP P 2020-06-18 2021-06-28
SAP SE P 2019-12-30 2021-04-01
ADVANCED MICRO DEVICE P 2020-09-04 2021-07-07
ADVANCED MICRO DEVICE P 2021-02-04 2021-07-07
ADVANCED MICRO DEVICE P 2021-04-07 2021-07-07
ALCON INC P 2020-06-16 2021-04-07
ALPHABET INC. P 2020-03-27 2021-03-03
ALPHABET INC. P 2020-04-28 2021-03-03
ALPHABET INC. P 2020-08-25 2021-03-03
AMERICA MOVIL SAB P 2020-06-02 2021-01-04
BARCLAYS PLC P 2020-08-07 2021-01-04
BARCLAYS PLC P 2020-08-07 2021-07-07
BROOKFIELD ASSET MANAGE FCLASS P 2021-06-28 2021-06-28
CHINA MOBILE LTD P 2020-01-29 2021-01-04
CHINA MOBILE LTD P 2020-04-28 2021-01-04
EOG RESOURCES INC P 2020-01-29 2021-01-04
EOG RESOURCES INC P 2020-03-27 2021-01-04
FACEBOOK INC P 2020-03-27 2021-02-04
FACEBOOK INC P 2020-04-28 2021-02-04
GENERAL ELECTRIC CO P 2021-04-07 2021-08-02
HOLOGIC INC P 2021-03-03 2021-07-07
HOLOGIC INC P 2021-03-03 2021-11-04
INTUITIVE SURGICAL P 2020-06-16 2021-04-07
MARATHON OIL CORP P 2020-06-02 2021-01-04
MARATHON OIL CORP P 2020-06-02 2021-04-07
ORANGE F SPONSORED ADR P 2020-06-16 2021-04-07
PEMBINA PIPELINE CO P 2020-08-25 2021-04-07
PETROLEO BRASILEIRO P 2020-11-03 2021-01-04
REGENERON PHARMS INC P 2021-03-03 2021-04-07
TAIWAN SEMICONDUCTOR P 2020-08-25 2021-07-07
TEXTRON INC P 2020-06-16 2021-01-04
VIATRIS INC P 2020-03-27 2021-02-04
VUATRIS INC P 2020-08-25 2021-02-04
ALPHABET INC. P 2020-01-29 2021-03-03
AMERICA MOVIL SAB P 2020-06-02 2021-07-07
APPLE INC. P 2020-08-25 2021-12-09
BARRICK GOLD CORP P 2020-01-29 2021-11-04
BARRICK GOLD CORP P 2020-03-27 2021-11-04
BARRICK GOLD CORP P 2020-04-14 2021-11-04
BARRICK GOLD CORP P 2020-05-05 2021-11-04
BOEING CO P 2020-01-29 2021-07-07
BOEING CO P 2020-03-27 2021-07-07
BOSTON PROPERTIES P 2020-01-29 2021-11-04
BROOKFIELD ASSET MANAGE FCLASS P 2020-01-29 2021-06-28
BROOKFIELD ASSET MANAGE FCLASS P 2020-03-27 2021-06-28
CITRIX SYSTEMS INC P 2020-06-02 2021-11-04
COLGATE-PALMOLIVE CO P 2020-01-29 2021-05-06
CROWN CASTLE INTL CO P 2020-01-29 2021-02-04
FACEBOOK INC P 2020-01-29 2021-02-04
HSBC HLDGS PLC P 2020-01-29 2021-05-06
HSBC HLDGS PLC P 2020-03-27 2021-05-06
HSBC HLDGS PLC P 2020-04-28 2021-05-06
ING GROEP ADR P 2020-01-29 2021-11-04
JACKSON FINL INC CLASS A P 2020-01-29 2021-09-20
LLOYDS BANKING GROUP P 2020-01-29 2021-07-07
LLOYDS BANKING GROUP P 2020-03-27 2021-07-07
NOMURA HOLDINGS P 2020-06-16 2021-07-07
NVIDIA CORP P 2020-08-25 2021-11-04
ORGANON & CO P 2020-01-29 2021-06-03
PEMBINA PIPELINE CO P 2020-03-27 2021-04-07
PFIZER INC P 2020-08-25 2021-12-09
PUBLIC STORAGE P 2020-06-02 2021-12-09
TEXTRON INC P 2020-06-16 2021-07-07
VIATRIS INC P 2020-01-29 2021-02-04
WEYERHAEUSER CO P 2020-01-29 2021-11-04
UBS GROUP AG - ROP SCHWAB 3719 P 2021-01-01 2021-12-31
BARRICK GOLD CORP ROP SCHWAB 3719 P 2021-01-01 2021-12-31
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 101,984   101,033 951
b 23,986   23,799 187
c 97,549   57,940 39,609
d 30,161   3,604 26,557
e 1,046   109 937
8,967   936 8,031
5,020   1,214 3,806
64,760   29,664 35,096
5,060   1,633 3,427
10,166   2,490 7,676
15,081   3,566 11,515
15,059   6,319 8,740
24,960   24,755 205
10,010   2,134 7,876
15,047   3,130 11,917
131,412   25,327 106,085
85,595   37,450 48,145
94,114   38,425 55,689
10,010   1,476 8,534
10,337   10,377 -40
10,295   10,372 -77
13,142   12,957 185
3,653   3,656 -3
16,149   15,528 621
1,147   1,134 13
19,366   17,655 1,711
1,402   1,338 64
43,802   41,898 1,904
4,197   4,176 21
18,640   18,567 73
1,451   1,480 -29
10,157   10,374 -217
14,903   15,214 -311
6,201   6,293 -92
4,025   4,071 -46
27,885   27,315 570
7,232   7,266 -34
24,669   25,886 -1,217
1,951   2,007 -56
10,110   10,144 -34
24,406   24,519 -113
5,330   5,299 31
23,715   23,607 108
10,957   10,739 218
56,154   55,358 796
36,000   36,553 -553
62,000   62,586 -586
79,741   79,758 -17
64,127   64,708 -581
13,446   13,903 -457
10,343   10,780 -437
62,000   64,373 -2,373
62,000   63,243 -1,243
67,748   64,804 2,944
14,693   21,293 -6,600
5,465   5,432 33
7,101   6,080 1,021
2,638   2,379 259
3,889   3,093 796
4,681   4,351 330
6,132   2,735 3,397
2,651   2,306 345
2,385   1,800 585
4,721   3,504 1,217
6,567   6,260 307
12,949   7,838 5,111
2,722   2,743 -21
4,835   3,452 1,383
3,296   2,645 651
1,809   2,163 -354
1,709   2,027 -318
6,554   6,346 208
2,804   3,265 -461
9,686   9,325 361
6,635   6,229 406
2,356   2,309 47
2,404   2,355 49
4,329   2,781 1,548
2,922   2,110 812
2,257   1,892 365
3,439   2,619 820
6,797   4,104 2,693
4,560   3,933 627
2,515   2,326 189
36,957   37,607 -650
3,143   3,190 -47
48,853   50,064 -1,211
3,987   4,098 -111
82,366   87,630 -5,264
10,095   10,379 -284
6,169   6,249 -80
6,246   4,423 1,823
5,328   4,323 1,005
2,785   1,197 1,588
6,448   6,209 239
9,923   3,208 6,715
2,319   1,320 999
3,510   3,127 383
2,950   1,895 1,055
4,682   3,615 1,067
3,012   2,034 978
7,716   2,949 4,767
3,009   3,220 -211
7,669   7,600 69
149   108 41
802   578 224
2,777   2,002 775
2,777   2,002 775
1,753   1,896 -143
2,003   2,476 -473
8,764   9,049 -285
5,319   4,661 658
3,358   2,019 1,339
2,902   2,355 547
4,596   4,020 576
85,996   71,239 14,757
7,152   5,943 1,209
4,186   3,206 980
5,322   4,017 1,305
25,449   19,239 6,210
6,120   4,529 1,591
11,842   7,843 3,999
6,488   5,488 1,000
71,814   56,015 15,799
9,290   7,420 1,870
2,505   1,353 1,152
6,405   6,232 173
4,435   4,066 369
1,232   1,250 -18
1,478   1,587 -109
3,695   3,477 218
5,907   8,265 -2,358
2,816   1,526 1,290
9,850   4,961 4,889
3,572   1,788 1,784
2,381   1,291 1,090
2,057   1,281 776
9,761   5,515 4,246
21,136   14,747 6,389
12,492   8,027 4,465
2,939   1,763 1,176
1,497   396 1,101
2,545   959 1,586
7,995   7,301 694
1,378   1,241 137
1,976   1,943 33
8,639   9,194 -555
3,825   3,385 440
273   265 8
273   245 28
7,113   5,958 1,155
6,105   3,369 2,736
4,070   2,507 1,563
8,141   6,406 1,735
2,800   2,628 172
2,678   1,887 791
1,317   747 570
42   40 2
1,861   3,007 -1,146
1,267   1,905 -638
1,201   1,823 -622
1,551   1,114 437
4,776   2,836 1,940
2,388   1,666 722
26   27 -1
1,048   1,079 -31
1,371   1,367 4
9,894   7,578 2,316
4,747   4,011 736
9,312   4,934 4,378
4,325   4,151 174
3,492   3,058 434
1,646   1,008 638
8,613   8,134 479
1,656   1,120 536
2,697   2,032 665
129   93 36
284   254 30
12,211   8,783 3,428
2,727   2,572 155
5,801   4,088 1,713
1,232   1,179 53
746   767 -21
709   932 -223
896   1,312 -416
1,389   1,953 -564
1,621   1,179 442
1,158   1,430 -272
18     18
24     24
2,203   3,324 -1,121
2,629   2,215 414
1,789   1,648 141
6,899   5,794 1,105
4,166   4,859 -693
3,061   2,825 236
1,767   1,454 313
1,682   1,224 458
19     19
1,725   2,031 -306
101   67 34
1,260   1,115 145
2,658   1,140 1,518
10   13 -3
1,819   1,124 695
6,589   4,570 2,019
6,191   3,692 2,499
1,749   911 838
142   126 16
2,041   1,606 435
75   75 0
54   54 0
114     114
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       951
b       187
c       39,609
d       26,557
e       937
      8,031
      3,806
      35,096
      3,427
      7,676
      11,515
      8,740
      205
      7,876
      11,917
      106,085
      48,145
      55,689
      8,534
      -40
      -77
      185
      -3
      621
      13
      1,711
      64
      1,904
      21
      73
      -29
      -217
      -311
      -92
      -46
      570
      -34
      -1,217
      -56
      -34
      -113
      31
      108
      218
      796
      -553
      -586
      -17
      -581
      -457
      -437
      -2,373
      -1,243
      2,944
      -6,600
      33
      1,021
      259
      796
      330
      3,397
      345
      585
      1,217
      307
      5,111
      -21
      1,383
      651
      -354
      -318
      208
      -461
      361
      406
      47
      49
      1,548
      812
      365
      820
      2,693
      627
      189
      -650
      -47
      -1,211
      -111
      -5,264
      -284
      -80
      1,823
      1,005
      1,588
      239
      6,715
      999
      383
      1,055
      1,067
      978
      4,767
      -211
      69
      41
      224
      775
      775
      -143
      -473
      -285
      658
      1,339
      547
      576
      14,757
      1,209
      980
      1,305
      6,210
      1,591
      3,999
      1,000
      15,799
      1,870
      1,152
      173
      369
      -18
      -109
      218
      -2,358
      1,290
      4,889
      1,784
      1,090
      776
      4,246
      6,389
      4,465
      1,176
      1,101
      1,586
      694
      137
      33
      -555
      440
      8
      28
      1,155
      2,736
      1,563
      1,735
      172
      791
      570
      2
      -1,146
      -638
      -622
      437
      1,940
      722
      -1
      -31
      4
      2,316
      736
      4,378
      174
      434
      638
      479
      536
      665
      36
      30
      3,428
      155
      1,713
      53
      -21
      -223
      -416
      -564
      442
      -272
      18
      24
      -1,121
      414
      141
      1,105
      -693
      236
      313
      458
      19
      -306
      34
      145
      1,518
      -3
      695
      2,019
      2,499
      838
      16
      435
      0
      0
      114
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 2 529,144
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 3 105,302
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 9,294
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 9,294
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 9,037
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 257
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 9,294
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 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA, PA
    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 ofbulletJOYCE STEIN Telephone no.bullet (760) 568-3920

    Located atbullet46-930 W EL DORADO DRIVEINDIAN WELLSCA ZIP+4bullet92210
    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
     
     
    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
    MRS JOYCE P STEIN TRUSTEE
    0.00     		0 0 0
    46-930 W ELDORADO DRIVE
    INDIAN WELLS,CA92210
    MR THOMAS MOMJIAN TRUSTEE
    0.00     		0 0 0
    111 PRESIDENTIAL BLVD SUITE 233
    BALA CYNWOOD,PA19004
    MRS RICHARD DANELIAN TRUSTEE
    0.00     		0 0 0
    10417 BAINBRIDGE AVENUE
    LOS ANGELES,CA90024
    MRS STEPHANIE LANDES TRUSTEE
    0.00     		0 0 0
    46-650 E ELDORADO DRIVE
    INDIAN WELLS,CA92210
    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 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
    NONE
    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
    8,252,424
    b
    Average of monthly cash balances.......................
    1b
    155,588
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,408,012
    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
    8,408,012
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    126,120
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    8,281,892
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    414,095
    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
    414,095
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    9,294
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,294
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    404,801
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    404,801
    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
    404,801
    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 7 404,801
    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...... 250,924
    b From 2017...... 491,223
    c From 2018...... 294,059
    d From 2019...... 167,776
    e From 2020...... 31,151
    f Total of lines 3a through e ........ 1,235,133
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 337,257
    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..... 337,257
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 67,544 67,544
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,167,589
    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) ...     		183,380
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		984,209
    10 Analysis of line 9:
    a Excess from 2017.... 491,223
    b Excess from 2018.... 294,059
    c Excess from 2019.... 167,776
    d Excess from 2020.... 31,151
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (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
    ACT FOR MS
    73-710 FRED WARING SUITE 118
    PALM DESERT,CA92260     		  501 (C)3 MISC/HEALTH 500
    ALLIANCE OF CONFESSING EVANGELICALS
    600 EDEN RD
    LANCASTER,PA17601     		  501 (C)3 MISSION 500
    ALPHA-USA
    2450 RIVER OAKS BLVD
    HOUSTON,TX77098     		  501 (C)3 RELIGIOUS 1,000
    AMERICAN HEART ASSOCIATION
    75080 FRANK SINATRA DRIVE
    PALM SPRINGS,CA92260     		  501 (C)3 MISSION 200
    ANNENBERG FOUNDATION AND TRUST AT SUNNYLANDS
    37977 BOB HOPE DR
    RANCHO MIRAGE,CA92270     		  501 (C)3 EDUCATION 1,648
    ARARAT HOME OF LOS ANGELES
    15105 MISSION HILLS RD
    MISSION HILLS,CA91345     		  501 (C)3 SOCIAL SERVICE 500
    ARMENIAN AMERICAN CULTURAL ASSOCIATION
    1300 CRYSTAL DR 1504
    ARLINGTON,VA22202     		  501 (C)3 SOCIAL SERVICE 500
    ARMENIAN APOSTOLIC CHURCH OF THE DESERT
    38-900 VISTA DUNES
    RANCHO MIRAGE,CA92270     		  501 (C)3 RELIGIOUS 5,000
    ARMENIAN ASSEMBLY
    734 15TH ST NW
    WASHINGTON,DC200778411     		  501(C)3 SOCIAL SERVICE 10,000
    ARMENIAN BONE MARROW DONOR REGISTRY
    347 W STOCKEL 208
    GLENDALE,CA91202     		  501(C) 3 SOCIAL SERVICE 500
    ARMENIAN CILICIA EVANGELICAL CHURCH
    339 S SANTA ANITA AVE
    PASADENA,CA91107     		  501(C)3 RELIGIOUS 2,000
    ARMENIAN CONGREGATIONAL CHURCH
    3922 YORBA LINDA BLVD
    ROYAL OAK,MI480736455     		  501 (C)3 RELIGIOUS 2,500
    ARMENIAN EVANGELICAL CHURCH
    4950 FRANKLIN AVE
    HOLLYWOOD,CA90027     		  501 (C)3 RELIGIOUS 2,000
    ARMENIAN EVANGELICAL CHURCH OF NEW YORK
    152 E 34TH ST
    NEW YORK,NY10016     		  501 (C)3 RELIGIOUS 500
    ARMENIAN EVANGELICAL UNION
    411 E ACACIA ST 200
    GLENDALE,CA91205     		  501 (C)3 RELIGIOUS 5,000
    ARMENIAN EVANGELICAL WORLD COUNCIL
    3922 YORBA LINDA BLVD
    ROYAL OAK,MI480736455     		  501 (C)3 MISSION/CHARITIES 3,000
    ARMENIAN HERITAGE COMMITTEE
    3922 YORBA LINDA BLVD
    ROYAL OAK,MI480736455     		  501 (C)3 ARTS/CULTURAL 3,000
    ARMENIAN INTERNATIONAL WOMEN ASSO (AIWA)
    65 MAIN ST 3A
    WATERTOWN,MA02472     		  501 (C)3 SOCIAL SERVICE 6,000
    ARMENIAN MARTYRS CONG CHURCH
    100 EDMONDS RD
    HAVERTOWN,PA19083     		  501(C)3 RELIGIOUS 1,000
    ARMENIAN MISSIONARY ASSOCIATION
    31 WEST CENTURY ROAD
    PARAMUS,NJ07652     		  501(C)3 MISSION/CHARITIES 38,000
    ARMENIAN PRESBYTERIAN CHURCH
    140 FOREST AV
    PARAMUS,NJ07652     		  501 (C)3 RELIGIOUS 500
    ARMENIAN RELIEF AND DEVELOPMENT ASSOC (ARDA)
    1536 E WASHINGTON BLVD
    PASADENA,CA91104     		  501 (C)3 MISSION 1,500
    ATHENEUM - PHILADELPHIA HISTORIC
    219 SOUTH 6TH STREET
    PHILADELPHIA,PA19106     		  501 (C)3 ARTS 1,400
    BAKERSFIELD MUSEUM OF ART (QUINN SPONSORSHIP)
    1930 R STREET
    BAKERSFIELD,CA93301     		  501 (C)3 ARTS/CULTURAL 1,000
    CAMP AREV
    1701 DARLING AVE
    FRASIER PARK,CA93225     		  501 (C)3 MISSION 2,500
    CAMPUS CRUSADE FOR CHRIST
    BOX 628222
    ORLANDO,FL328628222     		  501 (C)3 RELIGIOUS 500
    CHILDREN'S HOSPITAL LA
    4650 SUNSET BLVD MAIL STOP 29
    LOS ANGELES,CA90027     		  501 (C)3 MISC/HEALTH 500
    CHIME INSTITUTE
    19722 COLLIER ST
    WOODLAND HILLS,CA90364     		  501 (C)3 EDUCATION 10,000
    COACHELLA VALLEY RESCUE MISSION
    BOX 10660
    INDIO,CA92202     		  501(C)3 MISSION 12,500
    DESERT CHRISTIAN ACADEMY
    40700 YUCCA LANE
    BERMUDA DUNES,CA92203     		  501(C)3 EDUCATION 25,000
    DESERT COMMUNITY FOUNDATION
    75-105 MERLE DR STE 300
    PALM DESERT,CA92211     		  501(C)3 EDUCATION/SCHOLARSHIP 3,000
    EDWARD HOSHARIAN FOUNDATION
    BOX 2577
    MONTEBELLO,CA90640     		  501 (C)3 ARTS/CULTURAL 1,000
    EISENHOWER HOSPITAL FOUNDATION
    39000 BOB HOPE DRIVE
    RANCHO MIRAGE,CA92270     		  501(C)3 MISC/HEALTH 37,000
    ESPOIRE POUR ARMENIE
    4 RUE PAUL
      DIDAY  
    FR     		  501 (C)3 RELIGIOUS 1,000
    FELLOWSHIP OF CHRISTIAN ATHLETES
    415 W TORRANCE BLVD
    CARSON,CA90745     		  501 (C)3 MISSION 2,000
    FIRST LIBERTY INSTITUTE
    BOX 9078
    PUEBLO,CO81008     		  501 (C)3 SOCIAL SERVICE 500
    FIRST LIBERTY
    2001 W PLANO PKWY STE 160
    PLANO,TX75075     		  501(C)3 RELIGIOUS 2,500
    FRIENDS OF MALIBU URGENT CARE
    3656 PACIFIC COAST HIGHWAY
    MALIBU,CA90265     		  501 (C)3 MISC/HEALTH 10,000
    FRIENDS OF THE SMITHSONIAN
    BOX 37012 MRC 712
    WASHINGTON,DC20013     		  501 (C)3 ARTS/CULTURAL 175
    FULLER THEOLOGICAL SEMINARY
    135 N OAKLAND AVE
    PASADENA,CA91182     		  501 (C)3 RELIGIOUS 500
    HAIGAZIAN UNIVERSITY SUPPORT FUND
    31 E CENTURY
    PARAMUS,NJ07652     		  501 (C)3 EDUCATION 1,000
    HORIZONS INTERNATIONAL
    777 BROADWAY ST
    BOULDER,CO80608     		  501 (C)3 MISSION 2,000
    HOUSE OF HOPE
    MER MOOYS BOX 8507
    CALABASAS,CA91372     		  501 (C)3 SOCIAL SERVICE 1,000
    HUGUENOT FELLOWSHIP
    BOX 877
    GLENSIDE,PA18038     		  501 (C)3 MISSION 500
    IGLESIA BAUTISTE FUNDEMENTAL
    842 S FORD BLVD
    LOS ANGELES,CA90022     		  501(C)3 RELIGIOUS 1,000
    IMMANUEL ARMENIAN CONGREGATIONAL CHURCH
    9516 DOWNEY AVE
    DOWNEY,CA90240     		  501(C)3 RELIGIOUS 500
    INTERNATIONAL CLASSICAL CONCERTS
    PO BOX 1227
    LA QUINTA,CA92253     		  501 (C)3 ARTS/CULTURAL 500
    KAPPA ALPHA THETA FOUNDATION
    8740 FOUNDERS RD
    INDIANAPOLIS,IN462681300     		  501 (C)3 SOCIAL SERVICE 1,000
    KAUFFMAN CENTER FOR THE PERFORMING ARTS
    1601 BROADWAY BLVD
    KANSAS CITY,MO641081229     		  501 (C)3 ARTS/CULTURAL 2,000
    KCET
    2900 W ALAMEDA AVE SUITE 600
    BURBANK,CA915054267     		  501 (C)3 ARTS/CULTURAL 150
    KINGS SCHOOL
    67675 BOLERO RD
    PALM SPRINGS,CA92264     		  501 (C)3 EDUCATION 8,299
    KUSC
    BOX 80354
    LOS ANGELES,CA90074     		  501 (C)3 ARTS/CULTURAL 1,500
    LIFE WITHOUT LIMBS
    BOX 2430
    AGOURA HILLS,CA91376     		  501 (C)3 MISSION 1,000
    LOS ANGELES OPERA
    135 N GRAND AVE
    LOS ANGELES,CA90012     		  501 (C)3 ARTS/CULTURAL 2,000
    LUIS PAULA'S ASSOCIATION
    PO BOX 50
    PORTLAND,OR97207     		  501(C)3 MISSION 500
    MAMA'S HOUSE PREGNANCY CRISIS
    BOX 1816
    PALM DESERT,CA92261     		  501(C)3 MISC/HEALTH 13,000
    MCCALLUM THEATHER
    73000 FRED WARING DRIVE
    PALM DESERT,CA92260     		  501(C)3 ARTS/CULTURAL 3,380
    MERDINIAN ARMENIAN EVANGELICAL SCHOOL
    13330 RIVERSIDE DRIVE
    SHERMAN OAKS,CA91423     		  501(C)3 EDUCATION/SCHOLARSHIP 1,000
    MISSION AVIATION FELLOWSHIP
    BOX 47
    NAMPA,ID836539901     		  501 (C)3 MISSION 1,000
    MUSEUM OF THE BIBLE
    400 4TH STREET SW
    WASHINGTON,DC20024     		  501 (C)3 RELIGIOUS 500
    MUSIC CENTER
    135 N GRAND AVE
    LOS ANGELES,CA90012     		  501(C)3 ARTS/CULTURAL 5,700
    NATIONAL ASSOCUATION OF ARMENIAN STUDIES
    395 CONCORD AVE
    BELMONT,MA02478     		  501 (C)3 EDUCATION 2,500
    NEAR EAST FOUNDATION
    110 LAYETTE ST 710
    SYRACUSE,NY13202     		  501 (C)3 MISSION 500
    ONE FUTURE COACHELLA VALLEY
    41550 ECLECTIC ST 200
    PALM DESERT,CA92260     		  501 (C)3 EDUCATION 1,500
    OPPORTUNITY SCHOOLS
    6444 E SPRING ST
    LONG BEACH,CA90815     		  501 (C)3 EDUCATION 500
    PALM DESERT COMMUNITY PRESBYTERIAN
    47-321 HIGHWAY 74
    PALM DESERT,CA92260     		  501(C)3 RELIGIOUS 2,500
    PALM DESERT PRESBYTERIAN CHURCH ACADEMY
    47-321 HIGHWAY 74
    PALM DESERT,CA92260     		  501 (C)3 RELIGIOUS 100
    PALM SPRINGS AIR MUSEUM
    745 N GENE AUTRY TRAIL
    PALM SPRINGS,CA92262     		  501 (C)3 ARTS/CULTURAL 500
    PALM SPRINGS FRIENDS OF THE PHILHARMONIC
    BOX 12770
    PALM SPRINGS,CA92255     		  501(C)3 ARTS/CULTURAL 6,170
    PAROS FOUNDATION
    918 N PARKER ST A14
    BERKELEY,CA94710     		  501 (C)3 MISSION 500
    PBS SOCAL
    2900 W ALAMEDA AVE SUITE 600
    BURBANK,CA915054267     		  501 (C)3 MISC 5
    PILGRIM ARMENIAN CONGREGATIONAL CHURCH
    3673 N 1ST ST
    FRESNO,CA93726     		  501 (C)3 RELIGIOUS 1,000
    PROJECT SAVE
    BOX 236
    WATERTOWN,MA02471     		  501(C)3 SOCIAL SERVICE 2,000
    RICHARD TUFENKIAN PRESCHOOL
    1200 E CARLTON DR
    GLENDALE,CA91205     		  501 (C)3 EDUCATION 2,000
    SACRED HEART CATHOLIC SCHOOL
    43776 DEEP CANYON RD
    PALM DESERT,CA92260     		  501(C)3 EDUCATION 7,800
    SALVATION ARMY
    30-400 LANDAN BLVD
    CATHEDRAL CITY,CA92234     		  501 (C)3 MISSION 500
    SHAMLIAN-TATIKIAN ALUMNI ASSOC
    1850 SAMARKAND PL
    GLENDALE,CA91208     		  501 (C)3 EDUCATION 1,000
    ST GARABED ARMENIAN APOSTOLIC CHURCH
    3900 VISTA DUNES RD
    RANCHO MIRAGE,CA92270     		  501(C)3 RELIGIOUS 2,200
    ST MICHAEL AND GABRIEL ROMANIAN APOSTOLIC CHURCH
    590 S VELLA RD
    PALM SPRINGS,CA92264     		  501 (C)3 EDUCATION 2,000
    STEINWAY SOCIETY
    BOX 3015
    RANCHO MIRAGE,CA92270     		  501(C)3 ARTS/CULTURAL 500
    UNITED ARMENIAN CONGREGATIONAL CHURCH
    3480 CAHUENGA BLVD
    LOS ANGELES,CA900681330     		  501(C)3 RELIGIOUS 5,500
    UNIVERSITY OF PENNSYLVANIA
    UNIVERSITY OF PENNSYLVANIA
    PHILADELPHIA,PA19104     		  501 (C)3 EDUCATION 100
    VIRGINIA WARING INTERNATIONAL PIANO COMPETITION
    73-710 FRED WARING DR 201
    PALM DESERT,CA92260     		  501 (C)3 ARTS/CULTURAL 1,500
    WESTSIDE ARARAT GUILD
    17080 TIMBER RIDGE DR
    GRANADA HILLS,CA91344     		  501 (C)3 ARTS/CULTURAL 1,000
    YOUTH FOR CHRIST OF THE DESERT
    43235 ILLINOIS AVE
    PALM DESERT,CA92211     		  501(C)3 EDUCATION/SCHOLARSHIP 1,000
    ZACHARY SOCIETY
    2250 GLOAMING WAY
    BEVERLY HILLS,CA90210     		  501(C)3 ARTS/CULTURAL 500
    ARMENIAN MISSIONARY ASSOCIATION
    31 WEST CENTURY ROAD
    PARAMUS,NJ07652     		  501 (C)3 SOCIAL SERVICES 10,000
    DESERT COMMUNITY FOUNDATION
    75-105 MERLE DR STE 300
    PALM DESERT,CA92211     		  501 (C)3 SOCIAL SERVICES 2,000
    IGLESIA BAUTISTE FUNDEMENTAL
    842 S FORD BLVD
    LOS ANGELES,CA90022     		  501 (C)3 SOCIAL SERVICES 2,000
    ST GARABED ARMENIAN APOSTOLIC CHURCH
    3900 VISTA DUNES RD
    RANCHO MIRAGE,CA92270     		  501 (C)3 EDUCATION/SCHOLARSHIP 300
    UNITED ARMENIAN CONGREGATIONAL CHURCH
    3480 CAHUENGA BLVD
    LOS ANGELES,CA900681330     		  501 (C)3 EDUCATION/SCHOLARSHIP 1,000
    Total .................................bullet 3a 302,627
    bApproved for future payment
    Total .................................bullet 3b 0
    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 57,331  
    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 ............     		    14 114 529,030
    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) .. 0 192,764 529,030
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    721,794
    (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.)
    7 INVESTMENT INCOME
    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 InvestmentsCorpBondsSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Name of Bond End of Year Book Value End of Year Fair Market Value
    24,000 AT&T INC. 2.75% 24,561 24,366
    25,000 JPMORGAN CHASE & VAR 31 25,182 25,210
    36,000 AMERICAN EXPRESS 37,128 37,143
    36,000 JP MORGAN CHASE 38,123 38,044
    36,000 LOWE'S COMPANIES 36,958 36,734
    49,000 CITIGROUP INC. VAR31 49,881 49,300
    62,000 APPLE INC. 65,659 65,842
    62,000 B.A.T CAPITAL 63,099 62,629
    62,000 BANK OF AMERICA 66,331 65,172
    62,000 BNY MELLON 68,101 67,641
    62,000 GILEAD SCIENCES 64,661 65,284
    62,000 ORACLE CORP 63,132 62,846
    62,000 STATE STREET CORP 66,285 65,232
    62,000 UNION PACIFIC CO 68,793 69,540
    71,000 VERIZON COMMUNIC 1.75% 66,301 67,204
    73,000 ABBVIE INC. 77,406 75,505
    75,000 US BANCORP 79,310 80,101
    75,000 ENTERPRISE PRODUCTS 70,001 78,068
    75,000 MARSH & MCLENNA 85,566 85,488
    75,000 MICROSOFT 76,441 78,359
    75,000 MORGAN STANLEY 80,969 81,213
    75,000 NORTHROP GRUMMAN 78,665 80,127
    75,000 QUALCOMM INC 79,296 80,849
    75,000 WALMART INC 80,791 82,409
    75,000 WELLS FARGO & CO 77,564 78,244
    79,000 MASTERCARD 82,944 84,350

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABB LTD 5,982 11,222
    ABBOTT LABORATORIES 5,801 9,148
    ABBVIE INC. 4,034 6,635
    ACCENTURE PLC 18,635 34,408
    ACCENTURE PLC 20,183 220,126
    ACCENTURE PLC 13,269 22,386
    ADOBE INC 3,714 6,238
    AGNICO EAGLE MINES 5,616 4,995
    AIA GROUP LTD 17,660 17,219
    AIR LIQUIDE 19,694 22,979
    ALIBABA GROUP HLDG LTD 19,597 11,998
    AMAZON.COM INC 15,164 26,675
    AMERICA MOVIL SAB 4,408 6,692
    AMERICAN EXPRESS CO 2,116 2,618
    AMGEN INC. 3,237 3,375
    ANALOG DEVICES INC 3,470 5,976
    APPLE INC 11,368 32,673
    APPLE INC 23,915 272,215
    APPLE INC 25,903 59,486
    ARES MANAGEMENT CORP 22,723 20,886
    ARTHUR J GALLAGHER & CO 13,604 29,862
    ASML HLDGS NV 7,504 21,496
    ASSA ABLOY 19,728 25,990
    ASTRAZENECA PLC 11,960 13,864
    AUTOMATIC DATA PROCESSING 17,486 32,302
    AUTOMATIC DATA PROCESSING 28,315 172,606
    BANCO BILBAO VIZCAYA A F 3,243 5,160
    BANCO SANTANDER 5,653 4,892
    BANK MONTREAL QUE 7,282 11,634
    BANK NOVA SCOTIA 6,931 11,184
    BANK OF AMERICA CORP 6,000 9,788
    BARCLAYS PLC 2,695 5,113
    BAXTER INTERNTNL 2,956 4,120
    BCE INC 6,589 7,910
    BECTON DICKINSON & CO 2,895 4,275
    BERKSHIRE HATHAWAY 8,472 12,259
    BESTBUY INC 6,855 5,791
    BHP GROUP LTD 5,772 7,906
    BHP GROUP PLC 3,013 4,782
    BIOGEN INC 4,037 3,599
    BLACKROCK 3,629 5,493
    BLACKROCK 40,129 204,170
    BLACKROCK 12,212 26,551
    BOSTON PROPERTIES 4,097 4,377
    BP PLC 7,324 6,764
    BRISTOL-MYERS SQUIBB 5,600 5,736
    BROADCOM INC 5,161 10,647
    BROOKFIELD ASSET MGM 3,834 6,702
    CANADIAN NATL RAILWAY 10,144 12,040
    CANADIAN PAC RAILWAY 3,084 4,676
    CANON INC 6,022 6,450
    CATERPILLAR INC 3,602 6,202
    CDN IMPERIAL BK COMM 2,158 3,031
    CHEVRON 6,225 8,332
    CISCO SYS INC 4,162 6,464
    CITIGROUP INC 5,821 6,160
    CITRIX SYSTEMS INC 8,093 5,297
    CME GROUP INC 17,817 25,359
    COCA-COLA, CO. 5,635 6,632
    COMCAST CORP 7,900 9,613
    COSTCO WHOLESALE CO 3,310 6,245
    COSTCO WHOLESALE CO 17,810 33,494
    CVS 2,209 3,507
    CVS 16,937 29,916
    DANAHER CORP 8,030 12,502
    DASSAULT SYSTEM S A 18,089 32,227
    DEUTSCHE BK AKTIENGE 3,554 4,588
    DIAGEO PLC 20,691 27,297
    DOLLAR GENERAL CORP 18,810 26,413
    DOVER CORP 4,642 9,080
    DUKE ENERGY CORP 4,230 4,825
    EATON CORP 50,673 171,610
    EMERSON ELECTRIC CO 6,150 9,762
    ENBRIDGE INC 5,027 5,706
    ENI SPA ROMA 7,181 8,848
    ESSILORLUXOTTICA 19,481 29,721
    EXXON MOBIL CORP 6,558 9,179
    FIDELITY NATL INFO 18,231 17,355
    FIDELITY NATL INFO 4,759 3,820
    GENERAL ELECTRIC CO 5,123 4,535
    GENERAL MOTORS CO 6,179 5,922
    GILEAD SCIENCES 23,127 23,308
    GLAXOSMITHLINE PLC 8,226 8,555
    HDFC BANK LTD 17,293 20,562
    HENRY JACK & ASSOC 23,195 25,049
    HERSHEY CO 9,813 13,930
    HEXAGON AB 21,366 24,884
    HOLOGIC INC 7,049 7,503
    HOME DEPOT INC 13,617 30,711
    HOME DEPOT INC 5,231 9,960
    HONDA MOTOR CO LTD 3,289 3,727
    HONEYWELL INTL INC 8,572 8,757
    ILLINOIS TOOL WORKS 5,306 6,910
    ING GROEP ADR REP 4,795 8,644
    INTUIT INC 18,450 37,950
    INVITATION HOMES INCORPORATED 12,499 19,542
    JACKSON FINL INC 0 167
    JOHNSON & JOHNSON 31,010 100,931
    JOHNSON & JOHNSON 7,217 8,896
    JPMORGAN CHASE 11,066 15,993
    JPMORGAN CHASE 54,514 211,397
    KOSE CORP 22,251 18,257
    LILLY ELI & CO 3,694 6,906
    LINDE PLC 6,417 7,968
    LLOYDS BANKING GROUP 4,404 7,043
    LOCKHEED MARTIN 4,550 4,265
    LONZA GROUP AG 20,083 33,484
    LOWES COS INC 2,705 6,720
    LVMH MOET HENNESSY 14,971 27,142
    MARSH & MC LENNAN CO 8,243 13,906
    MASTERCARD INC 5,250 6,468
    MASTERCARD INC CLASS A 16,177 20,481
    MCDONALDS CORP 3,432 4,825
    MEDTRONIC 2,806 4,138
    MERCK & CO 4,076 4,062
    MICROSOFT 14,608 200,447
    MICROSOFT 20,097 20,179
    MITSUBISHI U F 6,445 8,004
    MONDELEZ INTL 1,807 2,188
    MOODYS CORP 2,101 3,125
    NASDAQ INC 16,392 34,862
    NETFLIX INC. 3,579 6,024
    NEXTERA ENERGY 16,675 26,141
    NEXTERA ENERGY 4,992 7,469
    NIKE INC 14,008 28,834
    NIKE INC 3,418 6,167
    NOKIA CORP 4,394 6,120
    NOMURA HOLDINGS 4,488 4,443
    NORWEGIAN CRUISE LN 5,535 4,791
    NOVARTIS AG 14,354 14,170
    NOVO-NORDISK A S 20,045 34,720
    NOVO-NORDISK A S 7,075 13,104
    NTNL GRID PLC 4,411 5,062
    NVIDIA CORP 4,157 16,176
    ONEOK INC. 10,627 27,323
    OPEN TEXT CORP 24,862 22,838
    ORANGE 5,386 4,737
    ORGANON & CO 4,471 3,715
    OWL ROCK CAPITAL 350,000 358,770
    PARKER-HANNIFIN CORP 4,087 8,907
    PAYCHEX INC 1,852 2,867
    PAYPAL HOLDINGS INCORPORATED 3,947 6,600
    PEPSICO INC 5,190 6,775
    PETROLEO BRASILEIRO 2,208 3,536
    PFIZER INC 4,211 7,558
    POOL CORP 15,413 36,790
    PROCTER & GAMBLE 7,043 9,651
    PROLOGIS INC 1,833 3,199
    PRUDENTIAL PLC 4,050 4,338
    PUBLIC STORAGE 5,537 10,113
    QUALCOMM INC 13,110 30,356
    QUALCOMM INC 4,464 7,132
    QUEST DIAGNOSTIC 6,702 9,343
    RELX PLC 3,698 4,957
    REPUBLIC SERVICES 16,992 30,261
    RIO TINTO PLC 3,685 4,887
    ROCHE HLDG AG 24,862 27,086
    ROYAL BANK OF CANADA 6,525 9,659
    ROYAL DUTCH SHELL 5,440 5,208
    ROYAL DUTCH SHELL 5,494 5,245
    S&P GLOBAL 20,300 32,563
    S&P GLOBAL 4,346 6,135
    SAGE GROUP PLC 21,131 32,906
    SALESFORCE COM 3,352 5,083
    SANOFI S A 7,816 8,267
    SAP S E 8,726 9,948
    SCHLUMBERGER LTD 6,224 9,674
    SHOPIFY INC 5,647 12,397
    SKYWORKS SOLUTIONS 4,954 4,344
    SONOVA HOLDING 20,024 34,078
    SONY CORP 5,441 10,365
    STARBUCKS CORP 12,772 24,681
    STARBUCKS CORP 5,299 7,018
    STERIS PLC 15,996 29,209
    STRYKER CORP 16,451 26,742
    STRYKER CORP 3,311 4,814
    SUNCOR ENERGY INC 3,661 4,856
    SYMRISE AG 19,837 24,911
    SYNOPSYS INC. 10,229 16,951
    SYSMEX CORP 18,285 30,497
    T T E C HOLDINGS INC 22,252 19,559
    TAIWAN SEMICONDUCTOR 10,055 21,295
    TAIWAN SEMICONDUCTOR 16,686 34,890
    TC ENERGY 4,526 4,421
    TESLA INC 11,269 15,852
    TEXAS INSTRUMENTS 4,730 7,350
    TEXTRON INC 2,803 6,176
    THERMO FISHER SCNTFC 3,701 8,007
    TJX COS INC 2,747 5,163
    TORONTO-DOMINION BK 5,846 8,818
    TOTALENERGIES SE 6,202 6,924
    TOYOTA MOTOR CORP 14,419 19,827
    TRACTOR SUPPLY COMP 10,635 32,927
    TRUIST FINL CORP 4,510 6,441
    U S BANCORP 5,917 5,786
    UBS GROUP AG 4,423 7,202
    UNILEVER PLC 13,080 13,286
    UNION PACIFIC CORP 12,949 25,697
    UNITED PARCEL SERVICE 3,236 6,430
    UNITEDHEALTH GROUP 27,678 225,963
    UNITEDHEALTH GROUP 7,916 14,060
    VALE SA 5,017 6,702
    VERISK ANALYTICS INC 25,357 29,277
    VERIZON 4,582 4,209
    VERTEX PHARMACEUTICAL 7,629 5,929
    VISA INC 5,999 6,935
    VODAFONE GROUP 6,766 5,554
    WALT DISNEY CO 29,766 127,784
    WALT DISNEY CO 8,871 11,152
    WESTPAC BANKING LTD 3,928 4,503
    WEYERHAUSER CO 3,629 7,412

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    1,021 ISHARES CORE MSCI EAFE ETF AT COST 58,254 76,207
    1,186 XTRACKERS MSCI EAFE HDGD AT COST 36,363 46,574
    100 VANGUARD SMALL CAP VALUE AT COST 11,046 17,885
    106 CAMDEN PROPERTY TR AT COST 10,186 18,940
    113 EXTRA SPACE STORAGE AT COST 12,454 25,620
    113 REXFORD INDL REALTY AT COST 8,951 9,165
    113 TANGER FCTRY OUTLET AT COST 2,353 2,179
    125 VANGUARD VALUE ETF AT COST 12,943 18,389
    134 KILROY REALTY CORP AT COST 7,323 8,906
    137 SIMON PPTY GROUP AT COST 12,201 21,888
    157 EQUITY LIFESTYLE PPT AT COST 9,509 13,763
    158 VANGUARD REAL ESTATE AT COST 12,708 18,330
    160 ISHARES CORE S&P 500 AT COST 52,435 76,318
    162 VENTAS INC AT COST 9,276 8,281
    169 HIGHWOODS PPTY AT COST 6,257 7,536
    187 CUBESMART TRS INC AT COST 6,227 10,642
    188 VERIS RESIDENTIAL INC AT COST 3,122 3,455
    2,394 SPDR NUVEEN BLOOMBERG AT COST 118,735 117,737
    2,887 JPMORGAN ULTRA SHORT AT COST 145,259 145,736
    244 VANGUARD GLBAL EX US AT COST 11,729 13,164
    254 EQUITY RESIDENTIAL AT COST 16,198 22,987
    296 WELLTOWER INC AT COST 19,732 25,388
    30 PUBLIC STORAGE AT COST 8,208 11,237
    318 AMERICAN HOMES 4RENT AT COST 9,379 13,868
    324 DUKE REALTY CORP AT COST 12,439 21,267
    348 XENIA HOTELS & RESORTS AT COST 5,162 6,302
    36 AMERN TOWER CORP AT COST 7,787 10,530
    36 LAMAR ADVERTISING CO AT COST 3,375 4,367
    367 PROLOGIS INC. AT COST 35,446 61,788
    38 MID AMERICA APARTMENT CO AT COST 7,224 8,719
    381 ISHARES CORE S&P SMALL AT COST 41,426 43,628
    445 ISHARES CORE MSCI AT COST 23,239 26,638
    45 EQUINIX INC AT COST 30,859 38,063
    51 ESSEX PROPERTY TR AT COST 12,902 17,964
    56 SUN COMMUNITIES AT COST 10,989 11,758
    560 SPDR NUVEEN BLMG HG YL AT COST 33,267 33,645
    588 ISHARES NATIONAL MUNI AT COST 68,434 68,373
    603 KIMCO REALTY CORP AT COST 12,073 14,864
    609 VANGUARD S&P 500 ETF AT COST 229,405 265,871
    66 FEDERAL REALTY INVT TR AT COST 6,783 8,997
    71 ALEXANDRIA REAL EST AT COST 11,687 15,830
    82 RYMAN HOSPITALITY PR AT COST 5,406 7,541
    877 ISHARE S&P MIDCAP 400 AT COST 59,013 248,261
    914 ISHARES CURRENCY HEDGE AT COST 30,534 32,292
    96 BOSTON PROPERTIES AT COST 8,558 11,057
    BLACKSTONE REAL ESTATE INCOME TRUST CLASS D AT COST 350,000 411,109

    TY 2021 OtherDecreasesSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Description Amount
    FEDERAL TAXES PAID 2021 4,750


    TY 2021 OtherExpensesSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 236 0 0 236
    OFFICE EXPENSES 16,137 0 0 16,137
    INSURANCE 1,250 0 0 1,250
    TRAVEL AND MEETINGS 1,422 0 0 1,422


    TY 2021 OtherIncreasesSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Description Amount
    RETURN OF CAPITAL 129
    ROUNDING 14


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SECRETARY 15,585 0 0 15,585
    INVESTMENT FEES 50,497 50,497 0 0


    TY 2021 TaxesSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 2,767 2,767 0 0