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
T GARY AND KATHLEEN ROGERS PRIVATE
FAMILY FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)10 CLAY STREET 200
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OAKLAND, CA94607
A Employer identification number

65-1202020
B Telephone number (see instructions)

(510) 899-7900
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$82,553,264J 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) 70,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 340,953 1,025,911  
5a Gross rents............ 696,000 696,000  
b Net rental income or (loss) -222,013
6a Net gain or (loss) from sale of assets not on line 10 8,855,365
b Gross sales price for all assets on line 6a 9,295,802
7 Capital gain net income (from Part IV, line 2)... 7,959,833
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 102,000 16,545  
12 Total. Add lines 1 through 11........ 10,064,318 9,698,289  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 471,497 0   471,497
14 Other employee salaries and wages...... 950,019 0   950,019
15 Pension plans, employee benefits....... 238,283 0   230,830
16a Legal fees (attach schedule)......... Click to see attachment 4,890 0   4,890
b Accounting fees (attach schedule)....... Click to see attachment 132,436 54,502   77,602
c Other professional fees (attach schedule).... Click to see attachment 464,960 186,933   339,787
17 Interest............... 168,809 168,809   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,289 3,300   2,989
19 Depreciation (attach schedule) and depletion... 878,472 870,159  
20 Occupancy.............. 526,552 17,522   534,594
21 Travel, conferences, and meetings....... 28,391 0   32,635
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 102,878 290,848   49,451
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,973,476 1,592,073   2,694,294
25 Contributions, gifts, grants paid....... 10,302,970 8,849,002
26 Total expenses and disbursements. Add lines 24 and 25 14,276,446 1,592,073   11,543,296
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -4,212,128
b Net investment income (if negative, enter -0-) 8,106,216
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............. 1,140,593 592,962 592,962
2 Savings and temporary cash investments......... 4,571,310 8,623,531 8,623,531
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable................. 100,000 100 100
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.......... 157,307 156,732 156,732
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 22,004,193 Click to see attachment22,811,650 22,811,650
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 44,044,352 Click to see attachment38,482,996 38,482,996
14 Land, buildings, and equipment: basis bullet21,834,468
Less: accumulated depreciation (attach schedule) bullet10,904,631 11,808,310 Click to see attachment10,929,837 10,929,837
15 Other assets (describe bullet) Click to see attachment327,800 Click to see attachment955,456 Click to see attachment955,456
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 84,153,865 82,553,264 82,553,264
Liabilities 17 Accounts payable and accrued expenses.......... 197,860 124,532
18 Grants payable................. 2,366,267 3,820,236
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 5,120,000 5,120,000
22 Other liabilities (describe bullet) Click to see attachment116,000 Click to see attachment18,000
23 Total liabilities (add lines 17 through 22)......... 7,800,127 9,082,768
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........... 75,747,596 73,237,670
25 Net assets with donor restrictions............ 606,142 232,826
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)..... 76,353,738 73,470,496
30 Total liabilities and net assets/fund balances (see instructions). 84,153,865 82,553,264
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
76,353,738
2
Enter amount from Part I, line 27a .....................
2
-4,212,128
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,328,886
4
Add lines 1, 2, and 3 ..........................
4
73,470,496
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
73,470,496
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 DODDINGTON EMERGING MARKETS FUND, LLC P 2021-01-01 2021-12-31
c FARALLON CAPITAL INSTITUTIONAL PARTNERS, LP P 2021-01-01 2021-12-31
d FINTAN IRUSAN FUND, LP P 2021-01-01 2021-12-31
e PASSPORT SPECIAL OPPORTUNITIES FUND, LP P 2021-01-01 2021-12-31
CERBERUS INSTITUTIONAL PARTNERS, LP (SERIES FOUR) P 2021-01-01 2021-12-31
CROSSLINK VENTURES V, LP P 2021-01-01 2021-12-31
EPL PRUNEYARD OFFICE INVESTORS, LLC P 2021-01-01 2021-12-31
ENCAP ENERGY CAPITAL FUND VI-B, LP P 2021-01-01 2021-12-31
ENCAP ENERGY CAPITAL FUND VII-B, LP P 2021-01-01 2021-12-31
ENCAP ENERGY CAPITAL FUND X, LP P 2021-01-01 2021-12-31
GREENSPRING SPV (AV IV), LP P 2021-01-01 2021-12-31
HELLMAN & FRIEDMAN CAPITAL PARTNERS VI, LP P 2021-01-01 2021-12-31
HYDROFARM CO INVESTMENT FUND P 2021-01-01 2021-12-31
SRI INVESTORS EIGHT, LLC P 2021-01-01 2021-12-31
SRI INVESTORS NINE, LLC P 2021-01-01 2021-12-31
SRI INVESTORS ELEVEN, LLC P 2021-01-01 2021-12-31
SFW CAPITAL PARTNERS II, L.P P 2021-01-01 2021-12-31
SVERICA CAPITAL PARTNERS IV LP P 2021-01-01 2021-12-31
PRIME FINANCE CMBS B-PIECE FUND I, LP P 2021-01-01 2021-12-31
PRIME FINANCE SHORT DURATION VI LP P 2021-01-01 2021-12-31
PROSPER MARKETPLACE INC. P 2021-01-01 2021-12-31
GMT BAY RESRC P 2021-01-01 2021-12-31
INDABA CAPITAL PARTNERS (CAYMAN), L.P. P 2021-01-01 2021-12-31
OWL CREEK OVERSEAS FUND, LTD P 2021-01-01 2021-12-31
TIGER GLOBAL, LTD. P 2021-01-01 2021-12-31
IEC INSTITUTIONAL FUND III, LP P 2021-01-01 2021-12-31
EMERGING MARKETS GLOBAL FUND P 2021-01-01 2021-12-31
STEPSTONE VC SPV (AV IV), L.P. P 2021-01-01 2021-12-31
H&F CHICAGO AIV II, LP P 2021-01-01 2021-12-31
RESOURCE CAPITAL FUND IV, LP P 2021-01-01 2021-12-31
SCP IV AIV II LP P 2021-01-01 2021-12-31
SCP IV AIV VII LP P 2021-01-01 2021-12-31
TRI-COUNTY INVESTMENTS, LLC P 2021-01-01 2021-12-31
CIP4 AIV, LP 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 3,888,790     3,888,790
b 103,998   208,994 -104,996
c 11,243   20,621 -9,378
d 62,416   62,416 0
e 7,798   9,499 -1,701
27,909     27,909
      0
12,874   12,874 0
      0
28,303   28,303 0
183,288   142,599 40,689
1,802,725   1,802,725 0
1,406   3,217 -1,811
89,010     89,010
86,430     86,430
4,519   64,471 -59,952
14,378     14,378
14,504     14,504
855,311     855,311
245,504   207,063 38,441
188,140   188,140 0
57,192     57,192
11,054     11,054
382,780     382,780
174,614     174,614
298,938     298,938
873,386     873,386
423,041     423,041
723,037     723,037
26     26
589     589
    2,296 -2,296
47,014     47,014
108,550     108,550
    15,716 -15,716
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       3,888,790
b       -104,996
c       -9,378
d       0
e       -1,701
      27,909
      0
      0
      0
      0
      40,689
      0
      -1,811
      89,010
      86,430
      -59,952
      14,378
      14,504
      855,311
      38,441
      0
      57,192
      11,054
      382,780
      174,614
      298,938
      873,386
      423,041
      723,037
      26
      589
      -2,296
      47,014
      108,550
      -15,716
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 7,959,833
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........................... 3 112,676
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- ..... 5 112,676
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 81,995
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 42,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 123,995
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 11,319
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet11,319 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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletROGERSFOUNDATION.ORG
    14
    The books are in care ofbulletKATHLEEN ROGERS Telephone no.bullet (510) 899-7900

    Located atbullet10 CLAY STREET STE 200OAKLANDCA ZIP+4bullet94607
    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)
    Yes
     
    (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)
     
    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
    RHONNEL S SOTELO EXECUTIVE DIRECTOR
    40.00     		278,139 56,049 0
    10 CLAY STREET STE 200
    OAKLAND,CA94607
    BRIAN K ROGERS CEO AND BOARD SECRETARY
    40.00     		193,358 48,909 0
    10 CLAY STREET STE 200
    OAKLAND,CA94607
    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
    GREGORY D KLEIN SENIOR DIR, INNOVATI
    40.00     		132,476 38,893 0
    10 CLAY STREET STE 200
    OAKLAND,CA94607
    DANA A WELLHAUSEN SENIOR DIR OF STRATE
    40.00     		148,806 21,461 0
    10 CLAY STREET STE 200
    OAKLAND,CA94607
    BONNIE LOOK GRANT & PROGRAM OPER
    40.00     		125,527 23,546 0
    10 CLAY STREET STE 200
    OAKLAND,CA94607
    SARA R LEVINE SENIOR PROGRAM OFFIC
    40.00     		125,561 17,944 0
    10 CLAY STREET STE 200
    OAKLAND,CA94607
    CYNTHIA SUTER SENIOR EXECUTIVE ASS
    40.00     		105,826 21,794 0
    10 CLAY STREET STE 200
    OAKLAND,CA94607
    Total number of other employees paid over $50,000...................bullet 4
    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
    CHARLES COLE III CONSULTING 85,177
    45 W 149TH ST
    DOLTON,IL60419
    HOOD & STRONG LLP ACCOUNTING 69,290
    275 BATTERY ST STE 900
    SAN FRANCISCO,CA94111
    BOARDON TRACK MANAGEMENT PLATFORM FOR SCHOOL BOARDS 64,000
    177 HUNTINGTON AVE STE 1703 50437
    BOSTON,MA02115
    TRAYNOR GROUP ACCOUNTING 63,884
    6500 FAIRMOUNT AVE STE 11
    EL CERRITO,CA94530
    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
    23,432,868
    b
    Average of monthly cash balances.......................
    1b
    6,571,642
    c
    Fair market value of all other assets (see instructions)................
    1c
    39,595,183
    d
    Total (add lines 1a, b, and c).........................
    1d
    69,599,693
    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
    69,599,693
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,043,995
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    68,555,698
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    3,427,785
    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
    3,427,785
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    112,676
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    15,728
    c
    Add lines 2a and 2b............................
    2c
    128,404
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,299,381
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,299,381
    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
    3,299,381
    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 3,299,381
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018...... 398,575
    d From 2019...... 3,482,086
    e From 2020...... 2,779,979
    f Total of lines 3a through e ........ 6,660,640
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 11,543,296
    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..... 3,299,381
    e Remaining amount distributed out of corpus 8,243,915
    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 14,904,555
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		14,904,555
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018.... 398,575
    c Excess from 2019.... 3,482,086
    d Excess from 2020.... 2,779,979
    e Excess from 2021.... 8,243,915
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    APPLICATIONS IF REQUIRED ARE GENERA
    10 CLAY STREET STE 200
    OAKLAND,CA94607
    (510) 899-7900
    bThe form in which applications should be submitted and information and materials they should include:
    IF REQUIRED, APPLICATIONS ARE GENERALLY SUBMITTED ELECTRONICALLY THROUGH A GRANTEE PORTAL. GRANTEES PROVIDE INFORMATION ON THE PURPOSE OF THE GRANT, INTENDED OUTCOMES AND OUTPUTS, THE REQUESTED GRANT AMOUNT, AND A BUDGET. APPLICATION SUBMISSION DEADLINES ARE STATED BELOW, HOWEVER, APPLICATIONS CAN BE SUBMITTED OUTSIDE OF THESE TIMEFRAMES AS NEEDED.
    cAny submission deadlines:
    DUE IN APRIL FOR OUR JUNE BOARD MEETING AND IN OCTOBER FOR OUR DECEMBER BOARD MEETING.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    EDUCATION STRATEGY GRANTS ARE FOCUSED ON NON-PROFITS THAT FOCUS ON SUPPORTING AND EDUCATING STUDENTS IN OAKLAND, CA. GRANTS OUTSIDE OF OUR STRATEGY ARE DIRECTED BY THE FAMILY AND DO NOT HAVE THE SAME LIMITATIONS. TO BE ELIGIBLE GRANT APPLICANTS MUST BE TAX-EXEMPT UNDER IRC SECTION 501(C)(3) AND NOT CLASSIFIED AS A PRIVATE FOUNDATION. POTENTIAL GRANTEES CAN ALSO SUBMIT APPLICATIONS THROUGH A SPONSORING ORGANIZATION IF THE SPONSOR HAS 501(C)(3) STATUS, IS NOT A PRIVATE FOUNDATION, AND PROVIDES CONFIRMATION OF ITS WILLINGNESS TO ACT AS THE FISCAL SPONSOR. AS DETERMINED BY THE FOUNDATION, A GRANT TO A FOR PROFIT CAN BE MADE EXERCISING EXPENDITURE RESPONSIBILITY IF THERE IS A CLEAR CHARITABLE PURPOSE. THE FOUNDATION DOES NOT FUND: I. SCHOLARSHIP FUNDS FOR INDIVIDUALS II. RESERVE FUNDS III. POLITICAL CAMPAIGNS OR LOBBYING EFFORTS IV. FUNDRAISING EVENTS V. PROGRAMS, PROJECTS, SCHOOLS, AND ORGANIZATIONS THAT DO NOT WORK WITH YOUTH IN OAKLAND, CA
    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
    THE GILLISPIE SCHOOL
    7380 GIRARD AVE
    LA JOLLA,CA92037     		N/A PC GENERAL SUPPORT 100,000
    BOY SCOUTS OF AMERICA-SF BAY AREA COUNCIL
    1001 DAVIS STREET
    SAN LEANDRO,CA94577     		N/A PC GENERAL SUPPORT 33,000
    FOPL
    721 WASHINGTON STREET
    OAKLAND,CA94607     		N/A PC GENERAL SUPPORT 500
    YU MING SCHOOL
    1085 ALCATRAZ AVE
    OAKLAND,CA946081265     		N/A PC GENERAL SUPPORT 8,000
    CORE DISTRICTS FOR OAKLAND
    1107 9TH ST STE 500
    SACRAMENTO,CA95814     		N/A PC GENERAL SUPPORT 27,200
    OAKLAND LITERACY COALITION
    120 LINDEN STREET
    OAKLAND,CA94607     		N/A PC GENERAL SUPPORT 205,051
    FAMILIES IN ACTION
    333 HEGENBERGER RD STE 600
    OAKLAND,CA94621     		N/A PC GENERAL SUPPORT 250,000
    REGENTS OF THE UNIVERSITY OF CALIFORNIA AT BERKELEY
    1995 UNIVERSITY AVE SUITE 401
    BERKELEY,CA94704     		N/A PC GENERAL SUPPORT 1,500,000
    ENVISION EDUCATION
    11 MYRTLE STREET SUITE 203
    OAKLAND,CA94607     		N/A PC GENERAL SUPPORT 380,000
    FRIENDS OF THE OAKLAND PUBLIC LIBRARY
    721 WASHINGTON STREET
    OAKLAND,CA94607     		N/A PC GENERAL SUPPORT 500
    FRIENDS OF OAKLAND PUBLIC SCHOOL LIBRARIES
    5945 JOHNSTON DRIVE
    OAKLAND,CA94611     		N/A PC GENERAL SUPPORT 1,000
    ARISE HIGH SCHOOL
    3301 E 12TH ST UNIT 205
    OAKLAND,CA94601     		N/A PC GENERAL SUPPORT 6,000
    EAST BAY COMMUNITY FOUNDATION
    200 FRANK H OGAWA PLAZA
    OAKLAND,CA94612     		N/A PC GENERAL SUPPORT 3,810,000
    SPRINGBOARD COLLABORATIVE
    2 PENN CENTER 1500 JFK BLVD STE
    1160
    PHILADELPHIA,PA19102     		N/A PC GENERAL SUPPORT 75,000
    FAMILY ENGAGEMENT LAB
    1999 HARRISON ST STE 1100
    OAKLAND,CA946124708     		N/A PC GENERAL SUPPORT 50,000
    NATIONAL EQUITY PROJECT
    1720 BROADWAY STE 400
    OAKLAND,CA94612     		N/A PC GENERAL SUPPORT 65,000
    EDUCATE78
    2323 BROADWAY
    OAKLAND,CA94612     		N/A PC GENERAL SUPPORT 150,000
    NORTH OAKLAND COMMUNITY CHARTER SCHOOL
    1000 42ND STREET
    OAKLAND,CA94608     		N/A PC GENERAL SUPPORT 6,000
    AURUM PREPARATORY ACADEMY
    1034 66TH AVENUE
    OAKLAND,CA94621     		N/A PC GENERAL SUPPORT 6,000
    LUMEN CHRISTI ACADEMIES
    2121 HARRISON STREET
    OAKLAND,CA94612     		N/A PC GENERAL SUPPORT 25,000
    GREAT SCHOOL CHOICES
    342 EAST 119TH STREET SUITE 3A
    NEW YORK,NY10035     		N/A PC GENERAL SUPPORT 75,000
    GO PUBLIC SCHOOLS
    5960 SOUTH LAND PARK DRIVE 51
    SACRAMENTO,CA95822     		N/A PC GENERAL SUPPORT 230,000
    AMERICAN INDIAN PUBLIC CHARTER SCHOOL
    171 12TH STREET
    OAKLAND,CA94607     		N/A PC GENERAL SUPPORT 6,000
    ONEGOAL
    180 NORTH WABASH AVE STE 800
    CHICAGO,IL60601     		N/A PC GENERAL SUPPORT 25,000
    PHILANTHROPIC VENTURES FOUNDATION
    1222 PRESERVATION PARK WAY
    OAKLAND,CA946121201     		N/A PC GENERAL SUPPORT 166,000
    OAKLAND SCHOOL FOR THE ARTS
    530 EIGHTEENTH STREET
    OAKLAND,CA94612     		N/A PC GENERAL SUPPORT 2,500
    EDUCATION FOR CHANGE INC
    333 HEGENBERGER ROAD SUITE 600
    OAKLAND,CA94621     		N/A PC GENERAL SUPPORT 366,000
    OAKLAND PUBLIC EDUCATION FUND
    520 3RD STREET STE 109
    OAKLAND,CA94607     		N/A PC GENERAL SUPPORT 145,050
    MARCUS FOSTER EDUCATION INSTITUTE
    2000 FRANKLIN
    OAKLAND,CA94612     		N/A PC GENERAL SUPPORT 75,000
    LIGHTHOUSE COMMUNITY CHARTER SCHOOLS
    444 HEGENBERGER ROAD
    OAKLAND,CA94621     		N/A GOV GENERAL SUPPORT 676,000
    GIRLS INCORPORATED OF ALAMEDA COUNTY
    510 16TH STREET
    OAKLAND,CA94610     		N/A PC GENERAL SUPPORT 35,000
    JUNTOS COLLECTIVE
    1220 STANNAGE AVENUE
    BERKELEY,CA94706     		N/A PC GENERAL SUPPORT 103
    VIVA VERDE NATURE FOUNDATION
    3540 LA HONDA RD
    SAN GREGORIO,CA94074     		N/A PC GENERAL SUPPORT 583
    THE OAKLAND REACH
    333 HEGENBERGER ROAD STE 750
    OAKLAND,CA94621     		N/A PC GENERAL SUPPORT 253
    HABITAT FOR HUMANITY
    2619 BROADWAY 2ND FLOOR
    OAKLAND,CA94611     		N/A PC GENERAL SUPPORT 20
    ACTBLUE NEW GEORGIA PROJECT
    830 GLENWOOD AVE SE SUITE 510-221
    ATLANTA,GA30316     		N/A PC GENERAL SUPPORT 250
    DIG DEEP
    932 WILSON ST SUITE 2D
    LOS ANGELES,CA90021     		N/A PC GENERAL SUPPORT 200
    SOCCER WITHOUT BORDERS
    3700 EASTERN AVE
    BALTIMORE,MD21224     		N/A PC GENERAL SUPPORT 350
    NATIONAL PARK FOUNDATION
    1500 K STREET NW SUITE 700
    WASHINGTON,DC20005     		N/A PC GENERAL SUPPORT 200
    ALAMEDA COUNTY COMMUNITY FOOD BANK
    7900 EDGEWATER DR
    OAKLAND,CA94621     		N/A PC GENERAL SUPPORT 200
    NATIONAL EQUITY PROJECT - NETWORK FOR GOOD
    1720 BROADWAY STE 400
    OAKLAND,CA94612     		N/A PC GENERAL SUPPORT 150
    YOUNG VETS
    255 SHORELINE DRIVE SUITE 510
    REDWOOD CITY,CA94065     		N/A PC GENERAL SUPPORT 150
    ENVISION SCHOOLS
    1515 WEBSTER ST
    OAKLAND,CA94612     		N/A PC GENERAL SUPPORT 1,300
    SANTA CLARA UNIVERSITY
    550 CRESCENT ST
    QUINCY,CA959719130     		N/A PC GENERAL SUPPORT 7,000
    COMMUNITY SCHOOL FOR CREATIVE EDUCATION
    2111 INTERNATIONAL BOULEVARD
    OAKLAND,CA94606     		N/A PC GENERAL SUPPORT 6,100
    SILVERSPOT CO-OP NURSERY SCHOOL
    4 SOLANO ST
    BRISBANE,CA94005     		N/A PC GENERAL SUPPORT 75
    TRANSGENDER LAW CENTER
    PO BOX 70976
    OAKLAND,CA94612     		N/A PC GENERAL SUPPORT 350
    SUNDIAL FILM INITIATIVE
    295 WASHINGTON AVE
    BROOKLYN,NY11205     		N/A PC GENERAL SUPPORT 750
    CREW
    3565 RIO GRANDE BOULEVARD NW
    ALBUQUERQUE,NM87107     		N/A PC GENERAL SUPPORT 500
    NORTH VALLEY ANIMAL DISASTER GROUP
    PO BOX 441
    CHICO,CA95927     		N/A PC GENERAL SUPPORT 100
    OAKLAND REACH
    333 HEGENBERGER ROAD STE 750
    OAKLAND,CA94621     		N/A PC GENERAL SUPPORT 147,700
    CROCKER HIGHLANDS ELEMENTARY SCHOOL PTA
    525 MIDCREST RD
    OAKLAND,CA94610     		N/A PC GENERAL SUPPORT 300
    DONORSCHOOSE
    134 W 37TH STREET
    NEW YORK CITY,NY100186908     		N/A PC GENERAL SUPPORT 15,588
    PAYPAL CHARITABLE GIVING FUND
    1250 I STREET NW SUITE 1202
    WASHINGTON,DC20005     		N/A PC GENERAL SUPPORT 31
    UC DAVIS FOUNDATION
    ONE SHIELDS AVENUE
    DAVIS,CA956168574     		N/A PC GENERAL SUPPORT 200
    UC BERKELEY FOUNDATION
    2080 ADDISON STREET 4200
    BERKELEY,CA94720     		N/A PC GENERAL SUPPORT 50
    FRANK OTIS SCHOOL PTA
    3010 FILLMORE ST
    ALAMEDA,CA94501     		N/A PC GENERAL SUPPORT 614
    HEAD OVER HEELS GYMNASTICS INC
    4701 DOYLE ST BLDG F
    EMERYVILLE,CA94608     		N/A PC GENERAL SUPPORT 373
    SMILE TRAIN
    633 THIRD AVENUE
    NEW YORK,NY10017     		N/A PC GENERAL SUPPORT 250
    ACTA NON VERBA
    1001 83RD AVENUE
    OAKLAND,CA94621     		N/A PC GENERAL SUPPORT 250
    KQED
    PO BOX 7618
    SAN FRANCISCO,CA94120     		N/A PC GENERAL SUPPORT 215
    SALVATION ARMY
    615 SLATERS LANE
    ALEXANDRIA,VA22313     		N/A PC GENERAL SUPPORT 150
    CAT TOWN
    2869 BROADWAY
    OAKLAND,CA94611     		N/A PC GENERAL SUPPORT 125
    JCC EAST BAY
    1414 WALNUT ST
    BERKELEY,CA94709     		N/A PC GENERAL SUPPORT 100
    PROSPECT SIERRA SCHOOL
    960 AVIS DR
    EL CERRITO,CA945302943     		N/A PC GENERAL SUPPORT 100
    MUSLIM COMMUNITY CENTER - EAST BAY
    5724 W LAS POSITAS BLVD 300
    PLEASANTON,CA94588     		N/A PC GENERAL SUPPORT 100
    NO KID HUNGRY STRENGTHORG
    1030 15TH STREET NW SUITE 1100
    WASHINGTON,DC20005     		N/A PC GENERAL SUPPORT 100
    JUVENILE DIABETES CURE ALLIANCE
    129 EAST 61ST ST
    NEW YORK,NY10065     		N/A PC GENERAL SUPPORT 52
    FERAL CHANGE
    592 MIRA VISTA AVE
    OAKLAND,CA946101935     		N/A PC GENERAL SUPPORT 150
    LIGHTHOUSE COMMUNITY PUBLIC SCHOOLS
    444 HEGENBERGER ROAD
    OAKLAND,CA94621     		N/A PC GENERAL SUPPORT 500
    BEYOND EMANCIPATION
    675 HEGENBERGER RD 100
    OAKLAND,CA94621     		N/A PC GENERAL SUPPORT 309
    MONUMENT CRISIS CENTER
    1990 MARKET ST
    CONCORD,CA94520     		N/A PC GENERAL SUPPORT 206
    URBAN MONTESSORI CHARTER SCHOOL
    4551 STEELE STREET
    OAKLAND,CA94619     		N/A GOV GENERAL SUPPORT 135,342
    99 PLEDGES
    555 BRYANT ST 400
    PALO ALTO,CA94301     		N/A PC GENERAL SUPPORT 50
    ALAMEDA FOOD BANK
    650 W RANGER AVE SUITE D
    ALAMEDA,CA94501     		N/A PC GENERAL SUPPORT 567
    INTERNATIONAL SOCIAL SERVICES UNITED STATES OF AMERICA BRANCH
    1120 N CHARLES ST
    BALTIMORE,MD21201     		N/A PC GENERAL SUPPORT 260
    MILLS COLLEGE
    5000 MACARTHUR BLVD
    OAKLAND,CA94613     		N/A PC GENERAL SUPPORT 25,250
    THE LOVELAND FOUNDATION
    2575 E COUNTY ROAD 2300
    LA HARPE,IL61450     		N/A PC GENERAL SUPPORT 450
    THE ALLIANCE OF IDAHO
    110 HONEYSUCKLE ST
    BELLEVUE,ID83313     		N/A PC GENERAL SUPPORT 250
    BORDER KINDNESS
    1598 W MAIN ST 2454
    EL CENTRO,CA92243     		N/A PC GENERAL SUPPORT 250
    ARTSPAN
    934 BRANNAN STREET 2ND FLOOR
    SAN FRANCISCO,CA94103     		N/A PC GENERAL SUPPORT 250
    CAMP PHOENIX
    10974 STAR COURT
    OAKLAND,CA94603     		N/A PC GENERAL SUPPORT 50
    OUR FAMILY COALITION
    1385 MISSION ST SUITE 330
    SAN FRANCISCO,CA94103     		N/A PC GENERAL SUPPORT 50
    SOGOREA TE LAND TRUST
    2501 HARRISON ST
    OAKLAND,CA94612     		N/A PC GENERAL SUPPORT 335
    Total .................................bullet 3a 8,849,002
    bApproved for future payment
    NATIONAL EQUITY PROJECT
    1720 BROADWAY 4TH FLOOR
    OAKLAND,CA94612     		N/A PC GENERAL SUPPORT 20,000
    MILLS COLLEGE
    5000 MACARTHUR BLVD
    OAKLAND,CA94613     		N/A PC GENERAL SUPPORT 25,000
    SPRINGBOARD COLLABORATIVE
    2 PENN CENTER 1500 JFK BLVD STE
    1160
    PHILADELPHIA,PA19102     		N/A PC GENERAL SUPPORT 75,000
    GO PUBLIC SCHOOLS
    5960 SOUTH LAND PARK DRIVE 51
    SACRAMENTO,CA95822     		N/A PC GENERAL SUPPORT 230,000
    FAMILY ENGAGEMENT LAB
    1999 HARRISON ST STE 1100
    OAKLAND,CA946124708     		N/A PC GENERAL SUPPORT 50,000
    NATIONAL EQUITY PROJECT
    1720 BROADWAY 4TH FLOOR
    OAKLAND,CA94612     		N/A PC GENERAL SUPPORT 50,000
    EDUCATE78
    2323 BROADWAY
    OAKLAND,CA94612     		N/A PC GENERAL SUPPORT 150,000
    EDUCATION FOR CHANGE INC
    333 HEGENBERGER RD STE 600
    OAKLAND,CA94621     		N/A PC GENERAL SUPPORT 120,000
    MARCUS FOSTER EDUCATION INSTITUTE
    2000 FRANKLIN
    OAKLAND,CA94612     		N/A PC GENERAL SUPPORT 75,000
    Total .................................bullet 3b 795,000
    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.....     16 -222,013  
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		523000 88,219 18 8,767,146  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aREIMBURSEMENT     		        50,000
    bTAX REFUND & TRUE-UP         52,000
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 88,219 8,886,086 102,000
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    9,076,305
    (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.)
    11A REIMBURSEMENT
    11B TAX REFUND & TRUE-UP
    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
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    T GARY AND KATHLEEN ROGERS PRIVATE
    FAMILY FOUNDATION
    Employer identification number

    65-1202020
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    T GARY AND KATHLEEN ROGERS PRIVATE
    FAMILY FOUNDATION         		Employer identification number
    65-1202020
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    THE WALTON FAMILY FOUNDATION
     
    PO BOX 2030
     
    BENTONVILLE, AR72712

    		$ 70,000


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    T GARY AND KATHLEEN ROGERS PRIVATE
    FAMILY FOUNDATION         		Employer identification number

    65-1202020
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    T GARY AND KATHLEEN ROGERS PRIVATE
    FAMILY FOUNDATION         		Employer identification number

    65-1202020
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    T GARY AND KATHLEEN ROGERS PRIVATE
     
    FAMILY FOUNDATION
    EIN:
    65-1202020
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 127,760 49,826   77,602
    ACCOUNTING FEES - RENTAL 4,676 4,676   0

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    T GARY AND KATHLEEN ROGERS PRIVATE
     
    FAMILY FOUNDATION
    EIN:
    65-1202020
    Name of Stock End of Year Book Value End of Year Fair Market Value
    DODGE AND COX STOCK FUND 3,440,359 3,440,359
    PRIMECAP ODYSSEY GROWTH 2,921,462 2,921,462
    DODGE AND COX INTERNATIONAL STOCK FUND 2,206,330 2,206,330
    JOHCM EMERGING MARKET 669,819 669,819
    PIMCO TOTAL RETURN FUND 4,973,182 4,973,182
    DOUBLELINE 3,061,067 3,061,067
    HYDROFARM HOLDINGS GROUP INC 3,661,801 3,661,801
    MFO BBH PART-INTERNATIONAL EQUITY 1,877,630 1,877,630

    TY 2021 InvestmentsOtherSchedule2
    Name:
    T GARY AND KATHLEEN ROGERS PRIVATE
     
    FAMILY FOUNDATION
    EIN:
    65-1202020
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FARALLON CAPITAL INSTITUTIONAL PARTNERS, LP FMV 113,065 113,065
    OWL CREEK OVERSEAS FUND, LTD FMV 4,508,567 4,508,567
    GCM LITTLE ARBOR PARTNERS (CAYMAN), LTD FMV 26,258 26,258
    INDABA CAPITAL PARTNERS (CAYMAN), LP FMV 922,358 922,358
    TIGER GLOBAL FMV 878,525 878,525
    RESOURCE CAPITAL FUND IV, L.P. FMV 228,397 228,397
    CERBERUS INSTITUTIONAL PARTNERS, L.P. (SERIES FOUR) FMV 24,892 24,892
    CROSSLINK VENTURES V, L.P. FMV 100,477 100,477
    DODDINGTON EMERGING MARKETS FUND LLC FMV 1,060,449 1,060,449
    ENCAP ENERGY CAPITAL FUND VI, L.P. FMV 8,127 8,127
    ENCAP ENERGY CAPITAL FUND VII FMV 35,543 35,543
    ENCAP ENERGY CAPITAL FUND X LP FMV 993,192 993,192
    GREENSPRING FMV 6,364,898 6,364,898
    HELLMAN & FRIEDMAN CAPITAL PTRS VI FMV 1,125,346 1,125,346
    SFW CAPITAL PARTNERS FUND II, LP FMV 3,326,167 3,326,167
    SVERICA CAPITAL PARTNERS IV FMV 2,879,953 2,879,953
    IEC FUND III LP FMV 1,224,280 1,224,280
    PRIME FINANCE CMBS B-PIECE FUND I, LP FMV 1,947,996 1,947,996
    PRIME FINANCE - SHORT DURATION FMV 781,130 781,130
    SPO PARTNERS II, L.P. FMV 1,065 1,065
    EPL PRUNEYARD OFFICE INVESTORS LLC FMV 477,526 477,526
    TRI-COUNTY INVESTMENTS LLC FMV 7,923,443 7,923,443
    MF BB2 LLC FMV 806,392 806,392
    SHORENSTEIN INVESTORS EIGHT LLC FMV 916,879 916,879
    SHORENSTEIN INVESTORS NINE LLC FMV 28,279 28,279
    SHORENSTEIN INVESTORS ELEVEN LLC FMV 1,699,290 1,699,290
    PROSPER MARKETPLACE INC. FMV 80,502 80,502

    TY 2021 LandEtcSchedule2
    Name:
    T GARY AND KATHLEEN ROGERS PRIVATE
     
    FAMILY FOUNDATION
    EIN:
    65-1202020
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FURNITURE, FIXTURES, & EQUIPMENT 136,590 35,579 101,011 101,011
    SOFTWARE 28,295 28,295 0  
    WEBSITE 65,877 65,877 0  
    LEASEHOLD IMPROVEMENTS 233,260 9,997 223,263 223,263
    BUILDING & IMPROVEMENTS 17,403,183 10,764,883 6,638,300 6,638,300
    LAND 3,967,263 0 3,967,263 3,967,263


    TY 2021 LegalFeesSchedule
    Name:
    T GARY AND KATHLEEN ROGERS PRIVATE
     
    FAMILY FOUNDATION
    EIN:
    65-1202020
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 4,890 0   4,890


    TY 2021 OtherAssetsSchedule
    Name:
    T GARY AND KATHLEEN ROGERS PRIVATE
     
    FAMILY FOUNDATION
    EIN:
    65-1202020
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INVESTMENT DISTRIBUTIONS PENDING SETTLEMENT 327,800 955,456 955,456


    TY 2021 OtherExpensesSchedule
    Name:
    T GARY AND KATHLEEN ROGERS PRIVATE
     
    FAMILY FOUNDATION
    EIN:
    65-1202020
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PASSTHROUGH DEDUCTIONS 0 236,081   0
    SUPPLIES 5,497 0   5,347
    INSURANCE 2,524 0   7,084
    STAFF DEVELOPMENT 1,338 0   828
    CUSTODY FEES 32,411 32,411   0
    EQUIPMENT RENTAL & MAINTENANCE 11,876 0   10,376
    ORGANIZATIONAL EXPENSES 150 0   150
    WEB SERVICES 7,143 0   7,143
    TELEPHONE 6,300 0   6,300
    MEALS & ENTERTAINMENT 1,020 0   789
    OFFICE EXPENSES 1,044 0   422
    EVENTS 812 0   812
    MEMBERSHIP DUES 3,476 0   3,476
    SMALL EQUIPMENT 6,600 0   6,600
    ALL OTHER EXPENSES 331 0   124
    INSURANCE - RENTAL 22,356 22,356   0


    TY 2021 OtherIncomeSchedule2
    Name:
    T GARY AND KATHLEEN ROGERS PRIVATE
     
    FAMILY FOUNDATION
    EIN:
    65-1202020
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PASSTHROUGH INCOME/LOSS   16,545  
    REIMBURSEMENT 50,000   50,000
    TAX REFUND & TRUE-UP 52,000   52,000


    TY 2021 OtherIncreasesSchedule
    Name:
    T GARY AND KATHLEEN ROGERS PRIVATE
     
    FAMILY FOUNDATION
    EIN:
    65-1202020
    Description Amount
    UNREALIZED GAINS ON INVESTMENTS 1,328,886


    TY 2021 OtherLiabilitiesSchedule
    Name:
    T GARY AND KATHLEEN ROGERS PRIVATE
     
    FAMILY FOUNDATION
    EIN:
    65-1202020
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED TAX LIABILITIES 116,000 18,000


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    T GARY AND KATHLEEN ROGERS PRIVATE
     
    FAMILY FOUNDATION
    EIN:
    65-1202020
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    HR SERVICES 9,769 0   9,769
    CONSULTING 101,605 0   164,040
    RETIREMENT PLAN ADMINISTRATIVE SERVICES 8,509 0   8,509
    ADVISORY 3,803 0   3,803
    MANAGEMENT PLATFORM 14,000 0   14,000
    DATA SERVICE 3,250 0   3,250
    OTHER PROFESSIONAL FEES 48,308 0   48,308
    GRAPHIC DESIGN 2,400 0   2,400
    MARKETING 21,658 0   21,658
    COMPUTER SERVICES 64,725 0   64,050
    INVESTMENT MANAGEMENT FEES 186,933 186,933   0


    TY 2021 TaxesSchedule
    Name:
    T GARY AND KATHLEEN ROGERS PRIVATE
     
    FAMILY FOUNDATION
    EIN:
    65-1202020
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER TAXES 2,989 0   2,989
    OTHER TAXES - RENTAL 3,300 3,300   0