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
WILLIAM K BOWES JR FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1660 BUSH ST 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN FRANCISCO, CA94109
A Employer identification number

94-3148482
B Telephone number (see instructions)

(415) 561-6540
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$286,251,836J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 3,183,845 3,145,095  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 21,551,548
b Gross sales price for all assets on line 6a 63,118,791
7 Capital gain net income (from Part IV, line 2)... 24,633,297
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)....... Click to see attachment 0 145,925  
12 Total. Add lines 1 through 11........ 24,735,393 27,924,317  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 80,000 12,000   68,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 57,645 28,822   28,823
c Other professional fees (attach schedule).... Click to see attachment 2,440,749 2,066,890   373,859
17 Interest............... 9,275 9,275   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 789,958 88,624   225
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 19,742 2,961   25,200
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 33 6   27
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,397,402 2,208,578   496,134
25 Contributions, gifts, grants paid....... 8,669,710 35,977,000
26 Total expenses and disbursements. Add lines 24 and 25 12,067,112 2,208,578   36,473,134
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 12,668,281
b Net investment income (if negative, enter -0-) 25,715,739
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............. 4,972 4,942 4,942
2 Savings and temporary cash investments......... 5,293,515 5,001,412 5,001,412
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) 18,298,385 Click to see attachment19,962,286 19,962,286
b Investments—corporate stock (attach schedule)....... 115,103,939 Click to see attachment133,253,026 133,253,026
c Investments—corporate bonds (attach schedule)....... 42,078,293 Click to see attachment37,085,202 37,085,202
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 102,246,748 Click to see attachment90,692,343 90,692,343
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment536,360 Click to see attachment252,625 Click to see attachment252,625
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 283,562,212 286,251,836 286,251,836
Liabilities 17 Accounts payable and accrued expenses.......... 453,808 462,439
18 Grants payable................. 84,557,148 56,583,191
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment5,297,936 Click to see attachment2,035,676
23 Total liabilities (add lines 17 through 22)......... 90,308,892 59,081,306
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........... 193,017,387 227,170,530
25 Net assets with donor restrictions............ 235,933 0
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)..... 193,253,320 227,170,530
30 Total liabilities and net assets/fund balances (see instructions). 283,562,212 286,251,836
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
193,253,320
2
Enter amount from Part I, line 27a .....................
2
12,668,281
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
21,248,929
4
Add lines 1, 2, and 3 ..........................
4
227,170,530
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
227,170,530
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 PUBLICLY TRADED SECURITIES      
b PASSTHROUGH CAPITAL GAIN P 2021-01-01 2021-12-31
c PASSTHROUGH CAPITAL GAIN P 2021-01-01 2021-12-31
d PASSTHROUGH CAPITAL GAIN P 2021-01-01 2021-12-31
e CAPITAL GAINS P 2021-01-01 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 61,249,807   41,567,243 19,682,564
b 98,962     98,962
c 2,964,465     2,964,465
d 18,322     18,322
e 1,868,984     1,868,984
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       19,682,564
b       98,962
c       2,964,465
d       18,322
e       1,868,984
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 24,633,297
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........................... 3 357,449
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- ..... 5 357,449
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 299,249
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 82,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 381,249
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 23,800
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet23,800 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
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.WKBOWESJRFOUNDATION.ORG
    14
    The books are in care ofbulletPACIFIC FOUNDATION SERVICES Telephone no.bullet (415) 561-6540

    Located atbullet1660 BUSH STREET STE 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
    UTE BOWES PRESIDENT
    1.00     		0 0 0
    1660 BUSH ST STE 300
    SAN FRANCISCO,CA94109
    CHRIS PERKINS VP, SECRETARY-TREASURER, CFO
    3.00     		80,000 0 0
    1660 BUSH ST STE 300
    SAN FRANCISCO,CA94109
    DOUGLAS TINKER VP, AUDIT CHAIR
    2.00     		0 0 0
    1660 BUSH ST STE 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
    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
    MORGAN STANLEY INVESTMENT MANAGEMENT 2,000,740
    555 CALIFORNIA STREET 14TH FLOOR
    SAN FRANCISCO,CA94104
    PACIFIC FOUNDATION SERVICE FOUNDATION MANAGEMENT 439,834
    1660 BUSH ST STE 300
    SAN FRANCISCO,CA94109
    HOOD & STRONG LLP ACCOUNTING 57,645
    275 BATTERY STREET STE 900
    SAN FRANCISCO,CA94111
    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
    194,168,778
    b
    Average of monthly cash balances.......................
    1b
    9,252,139
    c
    Fair market value of all other assets (see instructions)................
    1c
    90,944,968
    d
    Total (add lines 1a, b, and c).........................
    1d
    294,365,885
    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
    294,365,885
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    4,415,488
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    289,950,397
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    14,497,520
    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
    14,497,520
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    357,449
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    357,449
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    14,140,071
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    14,140,071
    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
    14,140,071
    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 14,140,071
    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...... 55,651,779
    b From 2017...... 53,331,810
    c From 2018...... 48,705,924
    d From 2019...... 42,727,752
    e From 2020...... 35,049,429
    f Total of lines 3a through e ........ 235,466,694
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 36,473,134
    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..... 14,140,071
    e Remaining amount distributed out of corpus 22,333,063
    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 5 257,799,757
    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) ...     		55,651,779
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		202,147,978
    10 Analysis of line 9:
    a Excess from 2017.... 53,331,810
    b Excess from 2018.... 48,705,924
    c Excess from 2019.... 42,727,752
    d Excess from 2020.... 35,049,429
    e Excess from 2021.... 22,333,063
    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).)
    UTE BOWES
    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
    ACHIEVEMENT REWARDS FOR COLLEGE SCIENTISTS FOUNDATION INC
    PO BOX 29405
    SAN FRANCISCO,CA94129     		N/A PC STANFORD UNIVERSITY SCHOLAR 20,000
    ALS THERAPY DEVELOPMENT FOUNDATION
    480 ARSENAL STREET
    WATERTOWN,MA02472     		N/A PC AT-1501 AND PMP STUDIES 250,000
    ASIAN ART MUSEUM FOUNDATION OF SAN FRANCISCO
    200 LARKIN STREET
    SAN FRANCISCO,CA94102     		N/A PC EDUCATION AND RESEARCH 250,000
    BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY
    ARRILLAGA ALUMNI CENTER 326 GALVEZ
    STREET
    STANFORD,CA94305     		N/A PC STANFORD BIO-X BOWES FELLOWS, UTE AND WILLIAM BOWES, JR. LIBRARY AND THE DEPARTMENT OF ART AND ART HISTORY IN THE SCHOOL OF HUMANITIES AND SCIENCES 2,100,000
    BOLINAS MUSEUM
    PO BOX 450
    BOLINAS,CA94924     		N/A PC GENERAL OPERATING SUPPORT 5,000
    BOYS & GIRLS CLUBS OF SAN FRANCISCO
    380 FULTON STREET
    SAN FRANCISCO,CA94102     		N/A PC DISTRICT 10 EDUCATION PROGRAMS 100,000
    CANARY FUND
    3155 PORTER DRIVE
    PALO ALTO,CA94304     		N/A PC 2019 CANARY CENTER: COMPLETE THE TEAM 1,000,000
    CANCER RESEARCH FUND OF THE DAMON RUNYON - WALTER WINCHELL FOUNDATION
    55 BROADWAY SUITE 302 ONE EXCHANGE
    PLAZA
    NEW YORK,NY10006     		N/A PC DAMON RUNYON CLINICAL INVESTIGATOR CONTINUATION GRANT 166,667
    CLEARITY FOUNDATION
    2820 ROOSEVELT ROAD SUITE 204
    SAN DIEGO,CA92106     		N/A PC IMPROVING TREATMENT OPTIONS FOR OVARIAN CANCER PATIENTS 100,000
    COLLEGE TRACK
    112 LINDEN STREET
    OAKLAND,CA94607     		N/A PC GENERAL OPERATING SUPPORT 100,000
    CORPORATION OF THE FINE ARTS MUSEUMS
    50 HAGIWARA TEA GARDEN DRIVE
    SAN FRANCISCO,CA94118     		N/A PC GET SMART WITH ART PROGRAM 100,000
    THE DRAPER RICHARDS FOUNDATION
    1600 EL CAMINO REAL SUITE 155
    MENLO PARK,CA94025     		N/A PC GENERAL SUPPORT FOR DRK FUND IV 333,334
    EAST PALO ALTO TENNIS & TUTORING
    PO BOX 60597
    PALO ALTO,CA94306     		N/A PC ACES FOR KIDS (GENERAL SUPPORT) 10,000
    ENVIRONMENTAL DEFENSE FUND INCORPORATED
    257 PARK AVENUE SOUTH
    NEW YORK,NY10010     		N/A PC EDF+BUSINESS CLIMATE CORPS AND EDF OCEANS 250,000
    EPISCOPAL DIOCESE OF CALIFORNIA
    1055 TAYLOR STREET
    SAN FRANCISCO,CA94108     		N/A PC EXPANDING HORIZONS CAMPAIGN 1,000,000
    THE EPISCOPAL DIOCESE OF CALIFORNIA
    1100 CALIFORNIA STREET
    SAN FRANCISCO,CA94608     		N/A PC GRACE CATHEDRAL - ANNUAL FUND 500,000
    THE EXPLORATORIUM
    17 PIER SUITE 100
    SAN FRANCISCO,CA94111     		N/A PC GENERAL OPERATING SUPPORT, GENERAL OPERATING SUPPORT - TO SUPPORT THE HIGHEST PRIORITIES AND MOST URGENT FINANCIAL NEEDS OF THE EXPLORATORIUM AS DETERMINED BY THE EXECUTIVE DIRECTOR AND CEO, CHRIS FLINK, AND AN EXTENSION OF THE USE OF FUNDS THROUGH 2022 2,500,000
    FOODCORPS
    3355 CALIFORNIA STREET
    OAKLAND,CA94602     		N/A PC GENERAL SUPPORT 600,000
    HARVARD UNIVERSITY
    HARVARD UNIVERSITY PO BOX 419209
    BOSTON,MA022419209     		N/A PC HARVARD STEM CELL INSTITUTE- 2010-2016: BOWES ACCELERATION FUND; 2017-2021: EXPANDING THE SCOPE OF FUNDED PROJECTS 1,000,000
    HOOVER INSTITUTION
    434 GALVEZ MALL DEVELOPMENT OFFICE
    STANFORD,CA94305     		N/A PC GENERAL OPERATING SUPPORT 50,000
    INSTITUTE FOR SYSTEMS BIOLOGY
    401 TERRY AVENUE NORTH
    SEATTLE,WA98109     		N/A PC NEW FACULTY SUPPORT 333,333
    J DAVID GLADSTONE INSTITUTES
    1650 OWENS STREET
    SAN FRANCISCO,CA94158     		N/A PC TO BE USED AT THE DISCRETION OF THE PRESIDENT DEEPAK SRIVASTAVA, GENERAL SUPPORT 2,000,000
    JUNIOR ACHIEVEMENT OF NORTHERN CALIFORNIA
    3003 OAK ROAD SUITE 130
    WALNUT CREEK,CA94597     		N/A PC JUNIOR ACHIEVEMENT LEADERSHIP PROGRAM 50,000
    KIPP BAY AREA SCHOOLS
    1000 BROADWAY ST SUITE 460
    OAKLAND,CA94607     		N/A PC GROWTH CAMPAIGN 1,000,000
    KQED INC
    2601 MARIPOSA STREET
    SAN FRANCISCO,CA94110     		N/A PC GENERAL OPERATING SUPPORT 250,000
    MEALS ON WHEELS OF SAN FRANCISCO INC
    1375 FAIRFAX AVENUE
    SAN FRANCISCO,CA94124     		N/A PC GENERAL OPERATING SUPPORT 10,000
    MONKEY TAIL RANCH
    1993 ORCHARD ROAD
    HOLLISTER,CA95023     		N/A PC GENERAL OPERATING SUPPORT 10,000
    MULTIPLE MYELOMA RESEARCH FOUNDATION INC
    383 MAIN AVENUE FIFTH FLOOR
    NORWALK,CT06851     		N/A PC MMRF IMMUNOTHERAPY INITIATIVE 400,000
    MYELIN REPAIR FOUNDATION
    20111 EDINBURGH DRIVE
    SARATOGA,CA95070     		N/A PC MRF BIOMARKER INITIATIVE 150,000
    NSSF (THE NEW SCHOOL OF SAN FRANCISCO)
    655 DE HARO STREET
    SAN FRANCISCO,CA94107     		N/A PC GENERAL OPERATING SUPPORT 250,000
    ONEGOAL
    PO BOX 734137
    CHICAGO,IL60673     		N/A PC PHASE III STRATEGIC PLAN FOR BAY AREA PROGRAMS 1,100,000
    OUTWARD BOUND CALIFORNIA
    1539 PERSHING DRIVE SUITE 316
    SAN FRANCISCO,CA94129     		N/A PC GENERAL OPERATING SUPPORT 250,000
    PEERFORWARD
    1140 3RD STREET NE SUITE 320
    WASHINGTON,DC20002     		N/A PC GENERAL OPERATING SUPPORT 100,000
    PENINSULA BRIDGE PROGRAM
    177 BOVET RD SUITE 120
    SAN MATEO,CA94402     		N/A PC BIG DREAMS CAMPAIGN 100,000
    QUANTUM LEAP HEALTHCARE COLLABORATIVE
    499 ILLINOIS STREET STE 200
    SAN FRANCISCO,CA94158     		N/A PC AGGREGATING AND VISUALIZING EHR AND EPRO INFORMATION 50,000
    REAL OPTIONS FOR CITY KIDS
    73 LELAND AVENUE
    SAN FRANCISCO,CA94134     		N/A PC GENERAL OPERATING SUPPORT 125,000
    REGENTS OF THE UNIVERSITY OF CALIFORNIA BERKELEY
    2120 OXFORD STREET 2250
    BERKELEY,CA94720     		N/A PC UC BERKELEY ART MUSEUM AND PACIFIC FILM ARCHIVE (BAMPFA) SCHOOL FIELD TRIPS PROGRAM 25,000
    SAN FRANCISCO ACHIEVERS
    PO BOX 416
    SAN FRANCISCO,CA94104     		N/A PC GENERAL OPERATING SUPPORT 85,000
    SAN FRANCISCO BOYS CHORUS
    333 HAYES STREET SUITE 116
    SAN FRANCISCO,CA94102     		N/A PC GENERAL OPERATING SUPPORT 15,000
    SAN FRANCISCO CONSERVATORY OF MUSIC
    50 OAK STREET
    SAN FRANCISCO,CA94102     		N/A PC PURCHASE AND/OR RENOVATION OF PROPERTY FOR A RESIDENCE HALL, CREATE THE BOWES CENTER FOR PERFORMING ARTS, PRESIDENT'S FUND, BOWES CENTER OPENING GALA 6,000,000
    SAN FRANCISCO GENERAL HOSPITAL FOUNDATION
    PO BOX 410836
    SAN FRANCISCO,CA94141     		N/A PC GENERAL OPERATING SUPPORT 200,000
    SAN FRANCISCO OPERA ASSOCIATION
    301 VAN NESS AVENUE
    SAN FRANCISCO,CA94102     		N/A PC GENERAL OPERATING SUPPORT 250,000
    SANSUM DIABETES RESEARCH INSTITUTE
    2219 BATH STREET
    SANTA BARBARA,CA93105     		N/A PC GENERAL OPERATING SUPPORT 750,000
    SCIENCE FRIDAY INITIATIVE INC
    30 BROAD STREET SUITE 801
    NEW YORK,NY10004     		N/A PC GENERAL OPERATING SUPPORT 125,000
    TEACH FOR ALL INC
    25 BROADWAY 12TH FLOOR
    NEW YORK,NY10004     		N/A PC ENSENA POR MEXICO AND TEACH FOR ALL: ENSURING ALL CHILDREN CAN FULFILL THEIR POTENTIAL 600,000
    TEACH FOR AMERICA INC
    25 BROADWAY 12TH FLOOR
    NEW YORK,NY10004     		N/A PC GENERAL OPERATING SUPPORT 500,000
    THE TECH INTERACTIVE
    201 SOUTH MARKET STREET
    SAN JOSE,CA95113     		N/A PC HEALTHCARE EXHIBIT AT THE TECH 200,000
    TEN STRANDS
    PO BOX 150869
    SAN RAFAEL,CA94915     		N/A PC PREPARING K12 TEACHERS TO BRING ENVIRONMENTAL LITERACY TO CALIFORNIA'S STUDENTS 50,000
    TINKER FAMILY FOUNDATION
    501 SILVERSIDE ROAD SUITE 123
    WILMINGTON,DE19809     		N/A PF GENERAL OPERATING SUPPORT 120,000
    UC BERKELEY FOUNDATION
    1995 UNIVERSITY AVENUE SUITE 401
    BERKELEY,CA94704     		N/A PC FIAT LUX SCHOLARSHIPS, BOWES FACULTY FELLOWS 1,033,333
    UC SANTA BARBARA FOUNDATION
    MC6035 UNIVERSITY OF CALIFORNIA
    SANTA BARBARA,CA93106     		N/A PC THE GARLAND INITIATIVE FOR VISION 500,000
    UCSF FOUNDATION
    LOCKBOX 45339 PO BOX 589001-MC3120
    SAN FRANCISCO,CA94145     		N/A PC ESTABLISH THE WILLIAM K. BOWES, JR. BIOMEDICAL INVESTIGATOR PROGRAM, UTE AND WILLIAM K. BOWES, JR. DISTINGUISHED PROFESSORSHIP PROGRAM, UCSF OSHER CENTER RESEARCH SUPPORT, THE NEURAL CODE OF SPEECH, UCSF DISCOVERY FELLOWS, CARDIOLOGY COUNCIL 8,183,333
    UNITED ANGLERS OF CASA GRANDE INC
    333 CASA GRANDE ROAD
    PETALUMA,CA94954     		N/A PC GENERAL OPERATING SUPPORT 17,000
    THE UNIVERSITY OF TEXAS FOUNDATION INC
    9011 MOUNTAIN RIDE SUITE 150
    AUSTIN,TX78759     		N/A PC ALZHEIMER'S RESEARCH (NEURODEGENERATION CONSORTIUM) AND EMT STEM CELLS RESEARCH AT THE UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER 375,000
    VASCULAR CURES
    274 REDWOOD SHORES PARKWAY 717
    REDWOOD CITY,CA94065     		N/A PC GENERAL SUPPORT 300,000
    YOUTH TENNIS ADVANTAGE
    PO BOX 330458
    SAN FRANCISCO,CA94133     		N/A PC GENERAL OPERATING SUPPORT 35,000
    Total .................................bullet 3a 35,977,000
    bApproved for future payment
    CANCER RESEARCH FUND OF THE DAMON RUNYON - WALTER WINCHELL FOUNDATION
    55 BROADWAY SUITE 302 ONE EXCHANGE
    PLAZA
    NEW YORK,NY10006     		N/A PC DAMON RUNYON CLINICAL INVESTIGATOR CONTINUATION GRANT 333,333
    ENVIRONMENTAL DEFENSE FUND INCORPORATED
    257 PARK AVENUE SOUTH
    NEW YORK,NY10010     		N/A PC EDF+BUSINESS CLIMATE CORPS AND EDF OCEANS 250,000
    QUANTUM LEAP HEALTHCARE COLLABORATIVE
    499 ILLINOIS STREET STE 200
    SAN FRANCISCO,CA94158     		N/A PC AGGREGATING AND VISUALIZING EHR AND EPRO INFORMATION 50,000
    TEACH FOR AMERICA INC
    25 BROADWAY 12TH FLOOR
    NEW YORK,NY10004     		N/A PC GENERAL OPERATING SUPPORT 500,000
    THE UNIVERSITY OF TEXAS FOUNDATION INC
    9011 MOUNTAIN RIDE SUITE 150
    AUSTIN,TX78759     		N/A PC ALZHEIMER'S RESEARCH (NEURODEGENERATION CONSORTIUM) 250,000
    THE UNIVERSITY OF TEXAS FOUNDATION INC
    9011 MOUNTAIN RIDE SUITE 150
    AUSTIN,TX78759     		N/A PC EMT STEM CELLS RESEARCH 125,000
    UC BERKELEY FOUNDATION
    1995 UNIVERSITY AVENUE SUITE 401
    BERKELEY,CA94704     		N/A PC BOWES FACULTY FELLOWS 666,667
    UC SANTA BARBARA FOUNDATION
    MC6035 UNIVERSITY OF CALIFORNIA
    SANTA BARBARA,CA93106     		N/A PC THE GARLAND INITIATIVE FOR VISION 1,000,000
    Total .................................bullet 3b 3,175,000
    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 ...........     		         
    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 ............     		901101 15,572 18 21,450,555  
    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) .. 100,993 24,634,400 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    24,735,393
    (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:
    WILLIAM K BOWES JR FOUNDATION
    EIN:
    94-3148482
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 57,645 28,822   28,823

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

    TY 2021 ExpenditureResponsibilityStmt
    Name:
    WILLIAM K BOWES JR FOUNDATION
    EIN:
    94-3148482
    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
    TINKER FAMILY FOUNDATION
          		501 SILVERSIDE ROAD SUITE 123
    WILMINGTON,DE19809     		2021-12-09 120,000 GENERAL OPERATING SUPPORT. 35,000 NONE 10/01/2022 2022-10-18 FUNDS WERE USED FOR THE INTENDED PURPOSE AND WERE NOT DIVERTED.
    TINKER FAMILY FOUNDATION
          		501 SILVERSIDE ROAD SUITE 123
    WILMINGTON,DE19809     		2020-02-27 120,000 GENERAL OPERATING SUPPORT. 25,000 NONE 11/01/2021, 10/01/2022 2022-10-18 FUNDS WERE USED FOR THE INTENDED PURPOSE AND WERE NOT DIVERTED.
    TINKER FAMILY FOUNDATION
          		501 SILVERSIDE ROAD SUITE 123
    WILMINGTON,DE19809     		2019-12-31 120,000 GENERAL, OPERATING SUPPORT. 3,875 NONE 10/31/2020, 11/01/2021, 10/01/2022 2022-10-18 FUNDS WERE USED FOR THE INTENDED PURPOSE AND WERE NOT DIVERTED.
    TINKER FAMILY FOUNDATION
          		501 SILVERSIDE ROAD SUITE 123
    WILMINGTON,DE19809     		2018-12-31 120,000 GENERAL OPERATING SUPPORT. 20,400 NONE 11/07/19, 11/01/2021, 10/01/2022 2022-10-18 FUNDS WERE USED FOR THE INTENDED PURPOSE AND WERE NOT DIVERTED.
    TINKER FAMILY FOUNDATION
          		501 SILVERSIDE ROAD SUITE 123
    WILMINGTON,DE19809     		2017-05-16 120,000 GENERAL OPERATING SUPPORT. 11,500 NONE 11/01/2021, 10/01/2022 2022-10-18 FUNDS WERE USED FOR THE INTENDED PURPOSE AND WERE NOT DIVERTED.

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    WILLIAM K BOWES JR FOUNDATION
    EIN:
    94-3148482
    Name of Bond End of Year Book Value End of Year Fair Market Value
    HSBC HOLDINGS PLC 302,673 302,673
    TRUIST FINANCIAL CORP 326,312 326,312
    CIGNA CORP 56,160 56,160
    STATE STREET CORP 447,219 447,219
    ALTRIA GROUP INC 437,650 437,650
    MARSH & MCLENNAN COS INC 158,670 158,670
    NORTHROP GRUMMAN CORP 156,311 156,311
    ENTERPRISE PRODUCTS OPERATING LLC 186,016 186,016
    ORACLE CORP 205,648 205,648
    ABBVIE INC 159,557 159,557
    AMGEN INC 102,420 102,420
    APPLE INC 319,971 319,971
    CSX CORP 219,942 219,942
    CVS HEALTH CORP 168,452 168,452
    JPMORGAN CHASE & CO FXD TO 052027 VAR THRAFTR 3.5400% 135,841 135,841
    UNION PACIFIC CORP 213,142 213,142
    PFIZER INC 220,282 220,282
    FISERV INC 150,695 150,695
    BANK OF AMERICA CORP 197,543 197,543
    WELLS FARGO & CO 114,773 114,773
    MICROSOFT CORP (MSFT) 225,095 225,095
    GOLDMAN SACHS GROUP INC 152,661 152,661
    BLACKROCK BATS: SERIES C PTF (BRACX) 144,315 144,315
    BLACKROCK BATS: SERIES M PTF (BRAMX) 1,453,792 1,453,792
    BLACKROCK BATS: SERIES A PTF (BATAX) 399,200 399,200
    WESTPAC BANKING CORP 250,152 250,152
    APPLE INC 251,277 251,277
    UNITED PARCEL SERVICE INC 251,463 251,463
    BRISTOL-MYERS SQUIBB CO 201,876 201,876
    GENERAL DYNAMICS CORP 227,426 227,426
    TRUIST BANK 306,617 306,617
    MERCK & CO INC 411,800 411,800
    INTERNATIONAL BUSINESS MACHINES CORP 415,580 415,580
    GOOGLE LLC 210,757 210,757
    ORACLE CORP 520,115 520,115
    UNITED PARCEL SERVICE INC 261,273 261,273
    AMAZON.COM INC 160,889 160,889
    BERKSHIRE HATHAWAY ENERGY CO 264,715 264,715
    WW GRAINGER INC 407,620 407,620
    ABBOTT LABORATORIES 525,165 525,165
    WALT DISNEY CO 531,990 531,990
    JPMORGAN CHASE & CO 270,628 270,628
    UNITEDHEALTH GROUP INC 325,422 325,422
    APPLE INC 264,453 264,453
    GUGGENHEIM TOTAL RETURN BD I (GIBIX) 7,780,463 7,780,463
    NUVASIVE INC 375,830 375,830
    1LIFE HEALTHCARE INC 239,980 239,980
    REALREAL INC 286,580 286,580
    BLACKSTONE MORTGAGE TRUST INC 240,862 240,862
    OSI SYSTEMS INC 300,453 300,453
    NUTANIX INC 245,073 245,073
    STARWOOD PROPERTY TRUST INC 338,149 338,149
    BOFA FINANCE LLC 407,847 407,847
    NEW RELIC INC 126,278 126,278
    PRA GROUP INC 271,301 271,301
    AVAYA HOLDINGS CORP 184,363 184,363
    SPLUNK INC 373,394 373,394
    SPLUNK INC 191,626 191,626
    APOLLO COMMERCIAL REAL ESTATE FINANCE INC 199,463 199,463
    8X8 INC 170,046 170,046
    HERBALIFE NUTRITION LTD 398,756 398,756
    KAMAN CORP 254,904 254,904
    PROS HOLDINGS INC 460,352 460,352
    INTERDIGITAL WIRELESS INC 301,469 301,469
    ZYNGA INC 192,133 192,133
    REDWOOD TRUST INC 308,151 308,151
    BIOMARIN PHARMACEUTICAL INC 287,540 287,540
    BIOMARIN PHARMACEUTICAL INC 326,490 326,490
    TELADOC HEALTH INC 181,215 181,215
    AERIE PHARMACEUTICALS INC 282,240 282,240
    AIR TRANSPORT SERVICES GROUP INC 195,800 195,800
    MICROCHIP TECHNOLOGY INC 262,350 262,350
    CHEFS' WAREHOUSE INC 391,971 391,971
    EVERBRIDGE INC 168,890 168,890
    IONIS PHARMACEUTICALS INC 190,369 190,369
    INSMED INC 210,515 210,515
    PEGASYSTEMS INC 184,853 184,853
    RINGCENTRAL INC 595,618 595,618
    VISHAY INTERTECHNOLOGY INC 281,194 281,194
    PARSONS CORP 178,506 178,506
    TRAVERE THERAPEUTICS INC 91,930 91,930
    WAYFAIR INC 227,308 227,308
    EVOLENT HEALTH INC 431,923 431,923
    REDFIN CORP 187,032 187,032
    Q2 HOLDINGS INC 156,670 156,670
    UBER TECHNOLOGIES INC 256,172 256,172
    SUMMIT HOTEL PROPERTIES INC 141,848 141,848
    BLOCK INC 252,300 252,300
    SPIRIT AIRLINES INC 449,985 449,985
    CHEESECAKE FACTORY INC 302,722 302,722
    COUPA SOFTWARE INC 365,715 365,715
    DISH NETWORK CORP 629,455 629,455
    CHEGG INC 191,153 191,153
    LIVEPERSON INC 166,090 166,090
    PEBBLEBROOK HOTEL TRUST 311,625 311,625
    EXACT SCIENCES CORP 426,795 426,795
    AKAMAI TECHNOLOGIES INC 311,060 311,060
    SQUARE INC 147,427 147,427
    NEOGENOMICS INC 347,310 347,310
    CSG SYSTEMS INTERNATIONAL INC 300,153 300,153
    MERITOR INC 426,809 426,809
    EURONET WORLDWIDE INC 392,040 392,040
    AMG CAPITAL TR II 5.15 CV PFD (AATRL) 224,362 224,362
    NY CMNTY CAPITAL TRUST V (NYCB.U) 248,736 248,736

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    WILLIAM K BOWES JR FOUNDATION
    EIN:
    94-3148482
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BANK AMER 7.2500 SERS L (BAC.L) 573,824 573,824
    BUNGE LTD 4.875 SERS (BGEPF) 216,092 216,092
    NURIX THERAPEUTICS INC (NRIX) 723,750 723,750
    ISHARES EDGE MSCI MIN VOL EMER (EEMV) 6,172,693 6,172,693
    ACCENTURE PLC IRELAND CL A (ACN) 1,865,475 1,865,475
    ALPHABET INC CL C (GOOG) 1,707,218 1,707,218
    AMAZON COM INC (AMZN) 1,600,483 1,600,483
    AMPHENOL CORP NEW CL A (APH) 1,880,390 1,880,390
    APPLE INC (AAPL) 2,130,840 2,130,840
    BANK OF AMERICA CORP (BAC) 1,868,580 1,868,580
    BECTON DICKINSON & CO (BDX) 1,257,400 1,257,400
    BRISTOL MYERS SQUIBB CO (BMY) 1,122,300 1,122,300
    CHEVRON CORP (CVX) 1,114,825 1,114,825
    CVS HEALTH CORP COM (CVS) 1,960,040 1,960,040
    DOLLAR GEN CORP NEW COM (DG) 1,650,810 1,650,810
    ECOLAB INC (ECL) 1,642,130 1,642,130
    FORTIVE CORP (FTV) 1,525,800 1,525,800
    HOME DEPOT INC (HD) 2,158,053 2,158,053
    JOHNSON & JOHNSON (JNJ) 1,419,881 1,419,881
    JPMORGAN CHASE & CO (JPM) 1,662,675 1,662,675
    MARRIOTT INTL INC NEW CL A (MAR) 2,065,500 2,065,500
    MARSH & MCLENNAN COS INC (MMC) 1,825,110 1,825,110
    META PLATFORMS INC CL A (FB) 1,513,575 1,513,575
    METTLER TOLEDO INTL (MTD) 1,697,210 1,697,210
    NIKE INC B (NKE) 1,666,700 1,666,700
    PAYPAL HLDGS INC COM (PYPL) 1,112,622 1,112,622
    PEPSICO INC NC (PEP) 1,823,955 1,823,955
    TEXAS INSTRUMENTS (TXN) 1,696,230 1,696,230
    TRUIST FINL CORP (TFC) 1,803,926 1,803,926
    VISA INC CL A (V) 1,560,312 1,560,312
    VMWARE INC CLASS A (VMW) 1,216,740 1,216,740
    WALT DISNEY CO HLDG CO (DIS) 1,084,230 1,084,230
    AMERIPRISE FINCL INC (AMP) 1,797,290 1,797,290
    COSTCO WHOLESALE CORP NEW (COST) 1,963,107 1,963,107
    DANAHER CORPORATION (DHR) 2,918,319 2,918,319
    DOMINOS PIZZA INC (DPZ) 2,143,890 2,143,890
    ESTEE LAUDER CO INC CL A (EL) 1,409,350 1,409,350
    FERRARI N V (RACE) 3,170,286 3,170,286
    HDFC BANK LTD ADR (HDB) 3,100,260 3,100,260
    JPMORGAN CHASE & CO (JPM) 1,767,502 1,767,502
    LULULEMON ATHLETICA INC (LULU) 651,764 651,764
    LVMH MOET HENNESSY LOUIS VUITT (LVMUY) 4,104,235 4,104,235
    MASTERCARD INC CL A (MA) 1,330,562 1,330,562
    MICROSOFT CORP (MSFT) 4,045,257 4,045,257
    NEXTERA ENERGY INC (NEE) 1,465,939 1,465,939
    PLANET FITNESS INC CL A (PLNT) 859,242 859,242
    STORE CAPITAL CORPORATION (STOR) 2,994,658 2,994,658
    SVB FNCL GRP (SIVB) 4,124,377 4,124,377
    TAIWAN SMCNDCTR MFG CO LTD ADR (TSM) 2,444,459 2,444,459
    TENCENT HLDGS LTD UNSPON ADR (TCEHY) 2,619,652 2,619,652
    UNITED RENTALS INC (URI) 2,111,371 2,111,371
    WASTE MGMT INC (DELA) (WM) 1,566,523 1,566,523
    KRANESHARES CSI CHINA INTERNET (KWEB) 1,150,384 1,150,384
    FIRST EAGLE GLOBAL I (SGIIX) 11,672,550 11,672,550
    FIRST EAGLE OVERSEAS I (SGOIX) 8,263,542 8,263,542
    JOHN HANCOCK INTL GROWTH I (GOGIX) 8,031,137 8,031,137
    ADIENT PLC COM (ADNT) 50,130 50,130
    AERCAP HOLDINGS N.V. (AER) 97,867 97,867
    AFFILIATED MGRS GROUP INC (AMG) 75,675 75,675
    AIR LEASE CORP CL A (AL) 58,118 58,118
    ALLIANCE DATA SYSTEMS CORP (ADS) 38,278 38,278
    AMERIPRISE FINCL INC (AMP) 243,137 243,137
    ARROW ELECTRONICS (ARW) 109,027 109,027
    ASSURANT INC (AIZ) 101,309 101,309
    BERRY GLOBAL GROUP INC (BERY) 110,227 110,227
    BROADCOM INC (AVGO) 288,123 288,123
    CENTENE CORPORATION (CNC) 191,745 191,745
    CIGNA CORP (CI) 151,326 151,326
    COMMSCOPE HOLDING COMPANY INC (COMM) 24,089 24,089
    CONCENTRIX CORP (CNXC) 103,064 103,064
    CROWN HLDGS INC (HOLDING CO) (CCK) 158,961 158,961
    DELL TECHNOLOGIES INC CL C (DELL) 112,565 112,565
    EBAY INC (EBAY) 203,690 203,690
    FLEXTRONICS INTL LTD (FLEX) 103,180 103,180
    HANESBRANDS INC (HBI) 64,222 64,222
    HCA HEALTHCARE INC (HCA) 200,911 200,911
    LIBERTY GLOBAL PLC CL C (LBTYK) 177,810 177,810
    LINCOLN NTL CORP IND (LNC) 144,370 144,370
    LITHIA MTRS INC (LAD) 94,727 94,727
    LOYALTY VENTURES INC (LYLT) 6,766 6,766
    NORTONLIFELOCK INC (NLOK) 159,543 159,543
    NRG ENERGY INC (NRG) 118,427 118,427
    QURATE RETAIL INC SER A (QRTEA) 34,914 34,914
    SUNCOR ENERGY INC (SU) 226,747 226,747
    TD SYNNEX CORPORATION (SNX) 65,300 65,300
    UNITED RENTALS INC (URI) 209,675 209,675
    UNIVAR SOLUTIONS INC (UNVR) 52,589 52,589
    VMWARE INC CLASS A (VMW) 102,786 102,786
    WESTERN DIGITAL CORPORATION (WDC) 188,196 188,196
    WHIRLPOOL CORP (WHR) 160,507 160,507

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    WILLIAM K BOWES JR FOUNDATION
    EIN:
    94-3148482
    US Government Securities - End of Year Book Value:

    18,842,088
    US Government Securities - End of Year Fair Market Value:

    18,842,088
    State & Local Government Securities - End of Year Book Value:


    1,120,198
    State & Local Government Securities - End of Year Fair Market Value:


    1,120,198


    TY 2021 InvestmentsOtherSchedule2
    Name:
    WILLIAM K BOWES JR FOUNDATION
    EIN:
    94-3148482
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    GS KKR PRINCIPAL OPPORTUNITIES ACCESS OFFSHORE LP FMV 1,394,893 1,394,893
    BLACKSTONE ENERGY PARTNERS II FMV 1,879,266 1,879,266
    MS OAKTREE STRATEGIC INCOME FUND FMV 2,163,625 2,163,625
    MS OAKTREE OPP FD X FEEDER FMV 4,197,459 4,197,459
    MS REAL ESTATE SPECIAL SITUATIONS FUND III INSTITUTIONAL LP FMV 219,038 219,038
    MS REAL ESTATE FUND VII FMV 265,738 265,738
    MS EMERGING PVT. MKTS FUND I FMV 197,206 197,206
    MS GLOBAL SECONDARY OPPORTUNITIES FUND II LP FMV 1,966,833 1,966,833
    OAKTREE EUROPEAN PRINCIPAL FD III FMV 1,684,340 1,684,340
    MS BLACKSTONE RE DEBT FUND II FMV 25,877 25,877
    STRATEGIC OPS FUND II FMV 1,722,563 1,722,563
    LATTERELL VENTURE PARTNERS III FMV 602,173 602,173
    WHIPPOORWILL DISTRESSED OPPORTUNITY FUND, LP FMV 95,533 95,533
    MS AIP CUSTOM HEDGE FUNDS FMV 46,781,479 46,781,479
    UBS CARLYLE PARTNERS LP FMV 24,855 24,855
    OWL VENTURES LP FMV 2,658,767 2,658,767
    USVP XI LP FMV 9,167,935 9,167,935
    MISSION BAY CAPITAL FD II FMV 2,469,604 2,469,604
    MS PIVOTNORTH FUND I LP FMV 2,881,513 2,881,513
    OWL VENTURES II, LP FMV 721,964 721,964
    MISSION BAY CAPITAL LLC FMV 1,849,090 1,849,090
    US VENTURE PARTNERS IX, LP FMV 413,846 413,846
    US VENTURE PARTNERS X AFFILIATES FMV 1,059,372 1,059,372
    ENTRUST SPECIAL OPPORTUNITIES FUND II LTD FMV 292,597 292,597
    ENTRUST SPECIAL OPPORTUNITIES FUND III LTD FMV 3,042,522 3,042,522
    FLARE CAPITAL PARTNERS I, LP FMV 2,216,346 2,216,346
    MBC BIOLABS SF, LP FMV 495,597 495,597
    MOBILE CANDY DISH AT COST 50,000 50,000
    BRILLIANT LIGHT POWER AT COST 104,400 104,400
    CATHAY INVESTMENT FUND FMV 47,833 47,833
    HORIZON VENTURES FUND I, LP FMV 79 79

    TY 2021 OtherAssetsSchedule
    Name:
    WILLIAM K BOWES JR FOUNDATION
    EIN:
    94-3148482
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INTEREST RECEIVABLE 4 0 0
    INVESTMENT HOLDBACK RECEIVABLE 235,933 0 0
    DIVIDEND RECEIVABLE 299,619 252,625 252,625
    STATE TAX RECEIVABLE 804 0 0


    TY 2021 OtherExpensesSchedule
    Name:
    WILLIAM K BOWES JR FOUNDATION
    EIN:
    94-3148482
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS EXPENSES 33 6   27


    TY 2021 OtherIncomeSchedule2
    Name:
    WILLIAM K BOWES JR FOUNDATION
    EIN:
    94-3148482
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER PASSTHROUGH INCOME (LOSSES)   145,925  


    TY 2021 OtherIncreasesSchedule
    Name:
    WILLIAM K BOWES JR FOUNDATION
    EIN:
    94-3148482
    Description Amount
    UNREALIZED GAINS ON INVESTMENTS 21,248,929


    TY 2021 OtherLiabilitiesSchedule
    Name:
    WILLIAM K BOWES JR FOUNDATION
    EIN:
    94-3148482
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED TAX LIABILITY 1,635,992 1,890,006
    EXCISE TAX LIABILITY 100,788 145,670
    LINE OF CREDIT 3,561,156 0


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    WILLIAM K BOWES JR FOUNDATION
    EIN:
    94-3148482
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 2,000,915 2,000,915   0
    FOUNDATION MANAGEMENT FEES 439,834 65,975   373,859


    TY 2021 TaxesSchedule
    Name:
    WILLIAM K BOWES JR FOUNDATION
    EIN:
    94-3148482
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 673,896 0   0
    STATE TAX 27,438 0   225
    FOREIGN TAXES 88,624 88,624   0