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
BEATRIX FINSTON PADWAY CHARITABLE TRUST
FOR ARTS AND EDUCATION
Number and street (or P.O. box number if mail is not delivered to street address)1529 GILCREST DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BEVERLY HILLS, CA902102515
A Employer identification number

31-6018432
B Telephone number (see instructions)

(310) 246-6707
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$20,902,436J 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) 4,833,624
2 Check bullet.............
3 Interest on savings and temporary cash investments 248 248  
4 Dividends and interest from securities... 516,519 397,764  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 583,403
b Gross sales price for all assets on line 6a 5,917,733
7 Capital gain net income (from Part IV, line 2)... 583,403
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 516 516  
12 Total. Add lines 1 through 11........ 5,934,310 981,931  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 146,000 58,400   87,600
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 12,670 7,600   0
c Other professional fees (attach schedule).... Click to see attachment 120,859 102,259   11,200
17 Interest............... 1 1   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,152 6,077   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,331 0   1,331
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 6,514 0   3,368
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 293,527 174,337   103,499
25 Contributions, gifts, grants paid....... 1,050,000 1,050,000
26 Total expenses and disbursements. Add lines 24 and 25 1,343,527 174,337   1,153,499
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,590,783
b Net investment income (if negative, enter -0-) 807,594
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.............      
2 Savings and temporary cash investments......... 344,693 879,867 879,867
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.......... 1,313 11,478  
10a Investments—U.S. and state government obligations (attach schedule) 115,096 Click to see attachment2,596,553 2,675,918
b Investments—corporate stock (attach schedule)....... 2,377,618 Click to see attachment2,382,152 4,190,360
c Investments—corporate bonds (attach schedule)....... 11,338,396 Click to see attachment12,897,849 13,156,291
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 14,177,116 18,767,899 20,902,436
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 14,177,116 18,767,899
29 Total net assets or fund balances (see instructions)..... 14,177,116 18,767,899
30 Total liabilities and net assets/fund balances (see instructions). 14,177,116 18,767,899
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
14,177,116
2
Enter amount from Part I, line 27a .....................
2
4,590,783
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
18,767,899
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
18,767,899
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 ADOBE SYSTEMS INC P 2019-09-20 2021-06-14
b ALPHABET INC CLASS CCAPITAL STOCK P 2016-03-28 2021-01-21
c ALPHABET INC CLASS CCAPITAL STOCK P 2016-03-02 2021-04-08
d AON PLC P 2020-11-16 2021-07-27
e AON PLC P 2021-03-01 2021-07-27
AON PLC P 2020-11-17 2021-07-27
***ASML HOLDING N VN Y REGISTRY SHS NEW 2012 P 2016-04-20 2021-04-05
***ASML HOLDING N VN Y REGISTRY SHS NEW 2012 P 2019-01-07 2021-09-15
BALL CORPSENIOR NOTES5.00000% 3/15/2022 058498AR7MS_15 P 2015-03-25 2021-10-28
BIRMINGHAM ALAGO5.00000% 12/1/2028 09088RE93CALLABLE @ 100.00 06/01/28JD_01 P 2020-02-13 2021-05-12
CALIFORNIA ST PUB WKS BRD LEASREV5.12500% 10/1/2031 130685J27CALLABLE @ 100. P 2018-04-09 2021-11-13
CAMARILLO CALIF CMNTY DEV COMMREV4.00000% 9/1/2032 13177UCL5CALLABLE @ 100.0 P 2017-03-07 2021-05-12
***CHUBB LTDCOM P 2020-05-22 2021-06-10
CIGNA CORP P 2019-01-22 2021-02-09
CIGNA CORP P 2018-11-02 2021-02-04
CIGNA CORP P 2019-01-22 2021-02-04
CIGNA CORP P 2018-11-01 2021-02-04
CIGNA CORP P 2018-10-01 2021-02-04
CITIGROUP INC6.3% DEPOSITARY SHS REPSTG1/1000TH INT NON CUM PFD SER S P 2020-07-14 2021-02-12
COLORADO ST CTFS PARTNREV5.00000% 12/15/2031 196711SB2CALLABLE @ 100.00 12/1 P 2020-06-01 2021-05-12
CONNECTICUT STGO4.00000% 1/15/2025 20772KLN7JJ_15 P 2020-12-16 2021-05-12
COOPER COMPANIES INC OLD (THE) P 2020-07-14 2021-01-11
COOPER COMPANIES INC OLD (THE) P 2020-07-13 2021-01-07
COOPER COMPANIES INC OLD (THE) P 2020-07-13 2021-01-08
COOPER COMPANIES INC OLD (THE) P 2020-07-14 2021-01-08
EDWARDS LIFESCIENCES CORP P 2016-10-20 2021-05-03
EDWARDS LIFESCIENCES CORP P 2020-03-03 2021-01-07
EDWARDS LIFESCIENCES CORP P 2019-05-31 2021-01-07
EDWARDS LIFESCIENCES CORP P 2019-05-31 2021-01-07
ELK GROVE CALIF UNI SCH DIST SREV4.00000% 12/1/2033 287290MC1CALLABLE @ 100. P 2015-12-17 2021-05-12
FEDEX CORP3.80000% 5/15/2025 31428XBY1CALLED @ 111.43 04/30/21MN_15 CC P 2020-04-03 2021-04-30
FOOTHILL / EASTERN TRANSN CORRREV5.00000% 1/15/2028 345105JP6JJ_15 P 2021-01-27 2021-05-12
HOME DEPOT INC P 2018-11-15 2021-01-21
HOME DEPOT INC P 2018-11-15 2021-11-11
HOME DEPOT INC P 2018-11-15 2021-05-03
INDEPENDENT CITIES CALIF FIN AREV2.12500% 12/15/2023 45385LLH4JD_15 SF CC P 2018-01-04 2021-05-12
INDEPENDENT CITIES CALIF FIN AREV2.12500% 12/15/2023 45385LLH4JD_15 SF CC P 2018-01-04 2021-06-15
INDEPENDENT CITIES CALIF FIN AREV3.12500% 12/15/2032 45385LLS0CALLABLE @ 100 P 2017-12-18 2021-05-12
INDIO CALIF PUB FING AUTH LEASREV3.00000% 11/1/2031 45571LCD7CALLABLE @ 100. P 2016-04-05 2021-05-12
INTUIT INC P 2019-11-22 2021-01-07
JACKSONVILLE FLA SPL REVREV5.00000% 10/1/2022 469487QH8AO_01 P 2020-08-19 2021-05-12
JEFFERSON CALIF SCH DIST SAN JGO0.00% 8/1/2033 472430CB1CALLABLE @ 100.00 08 P 2016-04-28 2021-05-12
JOHNSON & JOHNSON P 2016-06-29 2021-01-04
JOHNSON & JOHNSON P 2019-10-21 2021-01-04
L BRANDS INCSENIOR NOTES5.62500% 2/15/2022 532716AU1FA_15 P 2015-05-12 2021-04-12
L BRANDS INCSENIOR NOTES5.62500% 2/15/2022 532716AU1FA_15 P 2014-09-07 2021-04-12
LOS ANGELES CALIF DEPT ARPTS AREV5.00000% 5/15/2035 544435Z60CALLED @ 100.00 P 2018-01-05 2021-05-12
MANTECA CALIF UNI SCH DISTGO3.75000% 8/1/2034 564538DT0CALLABLE @ 100.00 08/ P 2017-10-03 2021-05-12
MASTERCARD INC P 2021-07-01 2021-12-02
MASTERCARD INC P 2021-09-02 2021-12-02
MCDONALDS CORP P 2018-07-16 2021-04-08
MCDONALDS CORP P 2018-07-26 2021-04-08
MOODY'S CORPORATION4.50000% 9/1/2022 615369AB1CALLED @ 102.69 12/15/21MS_01 P 2015-02-17 2021-12-15
PSEG POWER LLC4.30000% 11/15/2023 69362BBA9CALLED @ 107.84 10/08/21MN_15 CC P 2016-09-19 2021-10-08
RIVERSIDE CNTY CALIF REDEV AGYREV4.00000% 10/1/2035 76913AKJ1CALLABLE @ 100. P 2017-06-16 2021-05-12
RNR SCH FING AUTH CALIF SPL TAREV4.00000% 9/1/2030 769697GF4CALLABLE @ 100.0 P 2017-09-27 2021-05-12
SAN MARCOS CALIF REDEV AGY SUCREV4.00000% 10/1/2027 79876CBG2CALLABLE @ 100. P 2017-03-03 2021-05-12
SAN MATEO CNTY CALIF JT PWRS FREV5.00000% 7/15/2031 79904NGF1CALLABLE @ 100. P 2020-03-04 2021-05-12
SCHOOLS INFRASTRUCTURE FING AGREV4.00000% 9/1/2034 80802VAR4CALLABLE @ 100.0 P 2019-03-18 2021-05-12
SEMPRA ENERGY2.90000% 2/1/2023 816851BF5CALLED @ 102.71 12/03/21FA_01 CC P 2018-01-11 2021-12-03
SPDR SER TRKBW REGIONAL BANKING ETF P 2021-05-04 2021-07-15
STOCKTON CALIF REDEV AGY SUCCEREV5.00000% 9/1/2027 861403AD5CALLABLE @ 100.0 P 2019-06-20 2021-05-12
SUNOCO LOGISTICS PARTNEROPERATIONS LP4.40000% 4/1/2021 86765BAR0AO_01 P 2016-08-02 2021-05-05
SUTTER BUTTE FLOOD AGY CALIF AREV3.75000% 10/1/2033 869398AV9CALLABLE @ 100. P 2018-01-29 2021-05-12
TOLL BROS FINANCE CORP5.87500% 2/15/2022 88947EAK6FA_15 P 2014-09-16 2021-11-15
TOLL BROS FINANCE CORP5.87500% 2/15/2022 88947EAK6FA_15 P 2015-01-30 2021-11-15
TRANSUNIONCOM P 2019-09-12 2021-04-22
TRANSUNIONCOM P 2017-01-23 2021-04-22
TRANSUNIONCOM P 2020-04-09 2021-04-22
TRANSUNIONCOM P 2017-01-31 2021-04-22
UPLAND CALIF CMNTY FACS DIST SREV4.25000% 9/1/2028 91535NBY7CALLABLE @ 100.0 P 2017-04-19 2021-05-12
VISA INCCL A P 2020-10-01 2021-07-01
VISA INCCL A P 2020-09-04 2021-07-01
WALT DISNEY CO HOLDING CO P 2019-05-17 2021-10-18
WELLS FARGO & CO NEWDEP SHS REPSTG 1/1000TH INTPERP PFD SER X CL A 5.50000% P 2020-09-25 2021-09-15
WESTERN UNION CO/THE3.60000% 3/15/2022 959802AU3MS_15 P 2017-07-26 2021-04-01
EQUIFAX INC3.60000% 8/15/2021 294429AM7FA_15 P 2018-05-23 2021-08-05
FREMONT CALIF PUB FING AUTH LEREV5.00000% 10/1/2021 357144AY0 P 2019-10-29 2021-10-01
HERSHEY COMPANY3.10000% 5/15/2021 427866BA5MN_15 P 2018-05-04 2021-05-15
METROPOLITAN TRANSN AUTH N YREV5.00000% 11/15/2021 59261AMX2MN_15 P 2020-05-07 2021-11-15
ORACLE CORPSENIOR NOTES2.80000% 7/8/2021 68389XBA2JJ_08 P 2020-04-28 2021-07-08
PRUDENTIAL FINANCIAL INC4.50000% 11/16/2021 74432QBT1MN_16 P 2017-02-17 2021-11-16
SAN JUAN CALIF UNI SCH DISTGO4.00000% 8/1/2021 798306VZ6 P 2018-12-19 2021-08-01
TOYOTA MOTOR CREDIT CORP3.05000% 1/8/2021 89236TFQ3JJ_08 P 2019-01-03 2021-01-08
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 61,322   30,473 30,849
b 24,714   9,571 15,143
c 135,931   44,172 91,759
d 77,089   62,186 14,903
e 19,272   17,473 1,799
2,570   2,064 506
80,507   12,117 68,390
4,409   789 3,620
101,690   100,273 1,417
190,962   187,323 3,639
25,000   25,000 0
65,540   60,358 5,182
32,451   22,388 10,063
10,529   9,679 850
5,261   5,430 -169
21,044   19,359 1,685
10,522   10,644 -122
78,915   79,236 -321
100,000   103,560 -3,560
200,922   198,756 2,166
84,444   84,715 -271
36,042   28,387 7,655
9,135   7,189 1,946
18,236   14,378 3,858
18,236   14,193 4,043
23,617   7,691 15,926
19,936   15,995 3,941
37,656   24,177 13,479
4,430   2,844 1,586
104,962   101,390 3,572
359,915   322,109 37,806
92,996   94,536 -1,540
16,800   10,577 6,223
152,597   73,155 79,442
24,823   13,221 11,602
40,344   40,002 342
10,000   10,001 -1
52,076   50,003 2,073
53,565   50,001 3,564
16,610   11,653 4,957
106,413   106,569 -156
37,527   29,112 8,415
77,856   59,575 18,281
38,928   32,130 6,798
72,973   70,784 2,189
31,274   30,216 1,058
26,100   25,780 320
76,587   72,206 4,381
61,846   72,089 -10,243
9,515   10,221 -706
46,130   31,705 14,425
34,598   23,377 11,221
77,019   77,011 8
107,841   107,831 10
57,068   52,217 4,851
52,152   51,008 1,144
27,696   25,569 2,127
191,297   191,396 -99
54,871   51,401 3,470
318,393   309,547 8,846
74,735   81,310 -6,575
120,661   117,127 3,534
153,000   153,149 -149
53,143   50,857 2,286
60,000   60,175 -175
10,000   10,037 -37
2,579   2,014 565
7,736   2,419 5,317
69,628   48,315 21,313
8,252   2,544 5,708
52,188   51,142 1,046
17,591   15,245 2,346
55,119   48,034 7,085
66,707   52,900 13,807
18,750   19,163 -413
102,859   100,529 2,330
100,000   99,640 360
150,000   150,000 0
200,000   200,000 0
115,000   115,001 -1
235,000   235,000 0
150,000   150,000 0
25,000   25,000 0
138,000   137,917 83
631     631
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       30,849
b       15,143
c       91,759
d       14,903
e       1,799
      506
      68,390
      3,620
      1,417
      3,639
      0
      5,182
      10,063
      850
      -169
      1,685
      -122
      -321
      -3,560
      2,166
      -271
      7,655
      1,946
      3,858
      4,043
      15,926
      3,941
      13,479
      1,586
      3,572
      37,806
      -1,540
      6,223
      79,442
      11,602
      342
      -1
      2,073
      3,564
      4,957
      -156
      8,415
      18,281
      6,798
      2,189
      1,058
      320
      4,381
      -10,243
      -706
      14,425
      11,221
      8
      10
      4,851
      1,144
      2,127
      -99
      3,470
      8,846
      -6,575
      3,534
      -149
      2,286
      -175
      -37
      565
      5,317
      21,313
      5,708
      1,046
      2,346
      7,085
      13,807
      -413
      2,330
      360
      0
      0
      -1
      0
      0
      0
      83
      631
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 2 583,403
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 11,226
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 11,226
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 8,686
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 7,500
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 16,186
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 5
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 4,955
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet4,955 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMICHAEL D SCHWARTZ CPA APC Telephone no.bullet (818) 852-7281

    Located atbullet30101 AGOURA COURT SUITE 112AGOURA HILLSCA ZIP+4bullet91301
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    IRA W KRINSKY TRUSTEE
    20.00     		146,000 0 0
    1529 GILCREST DRIVE
    BEVERLY HILLS,CA90210
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    18,144,240
    b
    Average of monthly cash balances.......................
    1b
    822,263
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    18,966,503
    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
    18,966,503
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    284,498
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    18,682,005
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    934,100
    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
    934,100
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    11,226
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,226
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    922,874
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    922,874
    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
    922,874
    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 7 922,874
    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...... 36,211
    b From 2017...... 30,845
    c From 2018...... 111,205
    d From 2019...... 874,004
    e From 2020...... 127,893
    f Total of lines 3a through e ........ 1,180,158
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,153,499
    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..... 922,874
    e Remaining amount distributed out of corpus 230,625
    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 1,410,783
    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) ...     		36,211
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		1,374,572
    10 Analysis of line 9:
    a Excess from 2017.... 30,845
    b Excess from 2018.... 111,205
    c Excess from 2019.... 874,004
    d Excess from 2020.... 127,893
    e Excess from 2021.... 230,625
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ART CENTER COLLEGE OF DESIGN
    1700 LIDA STREET
    PASADENA,CA91130     		NONE OTHER PUBLIC CHARITY PROVIDE FUNDS FOR THE SCHOLARSHIP PROGRAMS 25,000
    CALIFORNIA STATE UNIVERSITY LOS ANGELES FOUNDATION
    5151 STATE UNIVERSITY DRIVE
    LOS ANGELES,CA90032     		NONE OTHER PUBLIC CHARITY PROVIDE FUNDS FOR THE DEPT OF CRIMINAL JUSTICE & POPP PROGRAMS 25,000
    CEDARS-SINAI MEDICAL CENTER
    8700 BEVERLY BLVD ROOM 2416
    LOS ANGELES,CA90048     		NONE OTHER PUBLIC CHARITY PROVIDE FUNDS FOR NEURO-ONCOLOGY FELLOWSHIP PROGRAMNEURO ONCOLOGY 50,000
    CLAREMONT GRADUATE UNIVERSITY
    150 EAST 10TH STREET
    CLAREMONT,CA91711     		NONE OTHER PUBLIC CHARITY URBAN LEADERSHIP PROGRAM 50,000
    COMBINED ARMS
    2929 MCKINNEY STREET
    HOUSTON,TX77003     		NONE OTHER PUBLIC CHARITY EDUCATIONAL INITIATIVES 20,000
    GRANADA HILLS CHARTER EDUCATION FOUNDATION
    10535 ZELZAH AVENUE
    GRANADA HILLS,CA91344     		NONE OTHER PUBLIC CHARITY PROVIDE FUNDS FOR THE ACADEMIC DECATHLON TEAM 10,000
    HARVARD UNIVERSITY
    13 APPIAN WAY
    CAMBRIDGE,MA02138     		NONE OTHER PUBLIC CHARITY DOCTOR OF EDUCATION LEADERSHIP PROGRAMDOCTOR OF EDUCATION LEADERSHIP PROGRAM 50,000
    HIGH TECH LOS ANGELES
    17111 VICTORY BLVD
    LAKE BALBOA,CA91406     		NONE OTHER PUBLIC CHARITY SUPPORT DISTANCE LEARNING PROGRAMS 25,000
    INNER-CITY ARTS
    720 KOHLER STREET
    LOS ANGELES,CA90021     		NONE OTHER PUBLIC CHARITY PROVIDE FUNDS FOR GENERAL OPERATING SUPPORT 25,000
    LA'S BEST
    200 NORTH SPRING STREET SUITE M-120
    LOS ANGELES,CA90012     		NONE OTHER PUBLIC CHARITY AFTER SCHOOL ENRICHMENT PROGRAM 20,000
    LIBRARY FOUNDATION OF LOS ANGELES
    630 WEST FIFTH STREET
    LOS ANGELES,CA90071     		NONE OTHER PUBLIC CHARITY FULL STEAM AHEAD PROGRAM 25,000
    LOS ANGELES LEADERSHIP ACADEMY
    2670 GRIFFIN AVENUE
    LOS ANGELES,CA90031     		NONE OTHER PUBLIC CHARITY URBAN FARM PROGRAM 25,000
    LOS ANGELES POLICE ACADEMY MAGNET SCHOOLS FOUNDATION
    1529 GILCREST DRIVE
    BEVERLY HILLS,CA90210     		NONE OTHER PUBLIC CHARITY PROVIDE FUNDS FOR THE ORGANIZATIONS PROGRAMS & SERVICES 75,000
    LOS ANGELES VALLEY COLLEGE FOUNDATION
    5800 FULTON
    VALLEY GLEN,CA91401     		NONE OTHER PUBLIC CHARITY ROBERTA L WEINTRAUB PRESIDENTIAL SCHOLARSHIPS 25,000
    LOYOLA MARYMOUNT UNIVERSITY
    1 LMU DRIVE UHALL 2100
    LOS ANGELES,CA90045     		NONE OTHER PUBLIC CHARITY EDUCATIONAL LEADERSHIP FOR SOCIAL JUSTICE PROGRAM 25,000
    MARLBOROUGH SCHOOL
    250 SOUTH ROSSMORE AVE
    LOS ANGELES,CA90004     		NONE OTHER PUBLIC CHARITY STEM+ ROBOTICS PROGRAM 50,000
    MARYMOUNT HIGH SCHOOL
    10643 SUNSET BLVD
    LOS ANGELES,CA90077     		NONE OTHER PUBLIC CHARITY STEM PROGRAM 50,000
    MILKEN COMMUNITY SCHOOL
    15900 MULHOLLAND DRIVE
    LOS ANGELES,CA90049     		NONE OTHER PUBLIC CHARITY SAPERSTEIN MIDDLE SCHOOL CAMPUS 25,000
    PARDEE RAND GRADUATE SCHOOL
    1776 MAIN STREET
    SANTA MONICA,CA90401     		NONE OTHER PUBLIC CHARITY CAREER SERVICES PROGRAM 25,000
    PEPPERDINE UNIVERSITY
    24255 PACIFIC COAST HIGHWAY
    MALIBU,CA90265     		NONE OTHER PUBLIC CHARITY DOCTORAL STUDENTS/EDUCATIONAL LEADERSHIP, ADMIN & POLICY ED PROGRAM 25,000
    SOUTHWESTERN LAW SCHOOL FOUNDATION
    3050 WILSHIRE BLVD
    LOS ANGELES,CA90010     		NONE OTHER PUBLIC CHARITY CHARLIE & LEONA GOLDRING SCHOLARSHIP FUND 25,000
    STUDENTS RUN LA
    5252 CREBS AVENUE
    TARZANA,CA91356     		NONE OTHER PUBLIC CHARITY PROVIDE FUNDS FOR GENERAL OPERATING SUPPORT 25,000
    TEACH FOR AMERICA LOS ANGELES
    6060 SOUTH OLIVE STREET SUITE 300
    LOS ANGELES,CA90014     		NONE OTHER PUBLIC CHARITY TRAINING FIRST YEAR TEACHERS 25,000
    THE COLBURN SCHOOL
    200 S GRAND AVE
    LOS ANGELES,CA90012     		NONE OTHER PUBLIC CHARITY COLBURN ARTISTS FUND 25,000
    THE JULLIARD SCHOOL
    60 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		NONE OTHER PUBLIC CHARITY TITO PUENTE SCHOLARSHIP FUND 50,000
    THE MUSIC CENTER
    135 N GRAND AVENUE
    LOS ANGELES,CA90012     		NONE OTHER PUBLIC CHARITY SPOTLIGHT PROGRAM 25,000
    THE UCLA FOUNDATION
    7256 BOELTER HALL
    LOS ANGELES,CA90095     		NONE OTHER PUBLIC CHARITY WOMEN IN ENGINEERING 25,000
    THE UCLA FOUNDATION
    MOORE HALL BOX 951521
    LOS ANGELES,CA90095     		NONE OTHER PUBLIC CHARITY EDUCATIONAL LEADERSHIP PROGRAM 50,000
    USC ROSSIER SCHOOL OF EDUCATION
    WAITE PHILLIPS HALL 1004H
    LOS ANGELES,CA90089     		NONE OTHER PUBLIC CHARITY EDUCATIONAL LEADERSHIP PROGRAM & CENTER EDGE 75,000
    WEST LOS ANGELES COLLEGE FOUNDATION
    9000 OVERLAND AVENUE
    CULVER CITY,CA90210     		NONE OTHER PUBLIC CHARITY ADMINISTRATION OF JUSTICE PROGRAM 25,000
    WESTRIDGE SCHOOL
    324 MADELINE DRIVE
    PASADENA,CA91105     		NONE OTHER PUBLIC CHARITY PROVIDE FUNDS FOR THE STEMWORK DESIGN STUDIO 50,000
    Total .................................bullet 3a 1,050,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		        248
    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 ............     		        583,403
    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) .. 516 0 1,100,170
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,100,686
    (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.)
    4 PROVIDES ADDITIONAL FUNDS TO MAKE CHARITABLE GRANTS
    5 PROVIDES ADDITIONAL FUNDS TO MAKE CHARITABLE GRANTS
    7 PROVIDES ADDITIONAL FUNDS TO MAKE CHARITABLE GRANTS
    8 PROVIDES ADDITIONAL FUNDS TO MAKE CHARITABLE GRANTS
    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
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
    FOR ARTS AND EDUCATION
    Employer identification number

    31-6018432
    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
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
    FOR ARTS AND EDUCATION         		Employer identification number
    31-6018432
    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
    BEVERLY PADWAY TRUST
     
    PO BOX 653067
     
    DALLAS, TX752653067

    		$ 4,833,624


    (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
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
    FOR ARTS AND EDUCATION         		Employer identification number

    31-6018432
    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
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
    FOR ARTS AND EDUCATION         		Employer identification number

    31-6018432
    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:
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
     
    FOR ARTS AND EDUCATION
    EIN:
    31-6018432
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 12,670 7,600   0

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
     
    FOR ARTS AND EDUCATION
    EIN:
    31-6018432
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BOSTON SCIENTIFIC CORP 4.125% 10/1/23 136,708 141,033
    INGERSOLL-RAND GLOBAL HLDG 4.25% 6/15/23 126,776 130,681
    MARSH & MCLENNAN COS INC 4.05% 10/15/23 125,589 128,763
    EXPRESS SCRIPTS HOLDING CO 4.5% 2/25/26 247,700 264,456
    INTERCONTINENTAL EXCHANGE 4% 10/15/23 302,697 312,382
    LINCOLN NATIANAL CORP 4.2% 3/15/22 300,859 302,250
    NASDAQ INC 4.25% 6/1/24 141,845 148,747
    CITIGROUP INC 4.5% 1/14/22 300,157 300,351
    NORTHROP GRUMMAN CORP 3.25% 8/1/23 151,290 155,172
    CROWN CASTLE INTL CORP 4.45% 2/15/26 103,244 109,488
    LENNAR CORP 4.875% 12/15/23 101,610 106,016
    CNH INDUSTRIAL N.V. 4.5% 8/15/23 100,666 105,055
    METLIFE INC BOND 4.368% 9/15/23 303,617 317,388
    VALERO ENERGY CORP NOTE 4.35% 6/1/28 299,736 330,954
    GILEAD SCIENCES INC 3.65% 3/1/26 158,055 161,680
    TRANSCANADA PIPELINES LTD 3.75% 10/16/23 100,949 104,080
    OCCIDENTAL PETROLEUM CORP 2.9% 8/15/24 100,035 102,075
    BUNGE LTD FINANCE CORP 4.35% 3/15/24 295,584 319,053
    AMERIGAS PARTNERS LP 5.625% 5/20/24 98,280 108,117
    EDWARDS LIFESCIENCES CORP 4.3% 6/15/28 286,076 292,266
    CONSTELLATION BRANDS INC 4.65% 11/15/28 306,788 345,144
    UNITEDHEALTH GROUP INC 3.75% 7/15/25 314,960 325,422
    GOLDMAN SACHS GROUP 3.625% 1/22/23 301,839 308,976
    GLAXOSMITHKLINE CAPITAL PLC 2.875% 6/1/22 100,005 100,821
    NORTHERN TRUST CORP 3.95% 10/30/25 261,952 273,335
    CONSOLIDATED EDISON CO NY INC 3.8% 5/15/28 160,459 164,054
    BANK AMERICA CORP 4% 4/1/24 304,193 318,969
    CVS HEALTH CORP 4.1% 3/25/25 303,768 323,475
    MARATHON OIL CORP 4.4% 7/15/27 311,355 328,818
    APA CORP 4.375% 10/15/28 305,031 326,829
    PNC FINANCIAL SERVICES GROUP INC 3.5% 1/23/24 307,287 314,175
    PHILLIPS 66 PARTNERS LP 3.75% 3/1/28 307,713 323,076
    ZOETIS INC 3% 9/12/27 218,594 210,962
    KINDER MORGAN ENERGY PTNRS 4.3% 5/1/24 101,379 106,113
    STATE STREET CORP 2.65% 5/19/26 323,748 316,386
    NATIONAL RURAL UTILS COOP 3.25% 11/1/25 327,229 319,455
    WELLS FARGO & CO 3.75% 1/24/24 292,165 293,179
    WALGREENS BOOTS ALLIANCE 3.45% 6/1/26 327,078 319,362
    INTERNATIONAL BUSINESS MACHINES 3.3% 5/15/26 105,101 106,964
    FISERV INC 3.2% 7/1/26 326,213 317,367
    CONAGRA BRANDS INC .5% 8/11/23 398,268 396,596
    KEURIG DR PEPPER INC .75% 3/15/24 299,991 297,960
    AMERICAN EXPRESS 2.5% 7/30/24 418,539 413,332
    MOTOROLA SOLUTIONS INC 4% 9/1/24 433,232 426,096
    EQUINIX INC 2.625% 11/18/24 417,880 412,236
    LABORATORY CORP AMER HLDGS 2.3% 12/1/24 409,791 409,916
    OWENS CORNING 4.2% 12/1/24 434,594 427,848
    US BANCORP MTN 3.15% 4/27/27 434,505 428,556
    UNITED RENTALS NORTH AMER 3.875% 11/15/27 312,867 310,857
    HYATT HOTELS CORP 1.3% 10/1/23 249,852 250,005

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
     
    FOR ARTS AND EDUCATION
    EIN:
    31-6018432
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ROPER TECHNOLOGIES INC 21,409 61,483
    DANAHER CORP 19,712 82,252
    APPLE INC 26,367 177,570
    JP MORGAN CHASE & CO 44,742 118,763
    ASML HOLDING NV 11,328 79,614
    CME GROUP INC 20,674 52,546
    MOODYS CORP 16,877 72,257
    ALPHABET INC 144,739 245,955
    EDWARDS LIFESCIENCES CORP 13,960 61,536
    FIDELITY NATIONAL INFORMATION SERVICES INC 53,993 79,134
    MOTOROLA SOLUTIONS INC 67,002 190,190
    CHURCH & DWIGHT CO INC 29,895 69,187
    INTUIT INC 38,169 121,569
    TRANSUNION 19,634 73,520
    AMAZON.COM INC 76,822 173,386
    CDW CORPORATION 63,373 148,466
    MICROSOFT CORP 120,838 353,156
    UNION PACIFIC CORP 98,670 132,263
    TJX COMPANIES INC 75,141 121,472
    AT&T INC 5% PREFERRED 103,040 107,200
    BANK OF AMERICA 5% PREFERRED 105,507 106,320
    CHUBB LIMITED 60,914 109,220
    FISERV INC 111,729 116,764
    NEXTERA ENERGY INC 45,603 74,888
    RAYTHEON TECHNOLOGIES CORP 89,164 105,423
    STRYKER CORPORATION 45,417 66,855
    UNITEDHEALTH GROUP INC 65,665 125,535
    AIRBNB, INC 74,350 83,245
    BANK OF AMERICA CORP 73,795 84,531
    ELI LILLY AND CO 62,623 73,198
    EOG RESOURCES INC 116,024 142,128
    LOWES COMPANIES INC 95,939 155,088
    LENNAR CORP 62,339 72,600
    MASTERCARD INCORPORATED 90,290 95,220
    TARGET CORP 127,282 133,078
    WELLS FARGO & CO 89,126 124,748

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
     
    FOR ARTS AND EDUCATION
    EIN:
    31-6018432
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

    0
    State & Local Government Securities - End of Year Book Value:


    2,596,553
    State & Local Government Securities - End of Year Fair Market Value:


    2,675,918


    TY 2021 OtherExpensesSchedule
    Name:
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
     
    FOR ARTS AND EDUCATION
    EIN:
    31-6018432
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 3,051 0   0
    OFFICE 458 0   458
    POSTAGE & DELIVERY 1,151 0   1,151
    STORAGE 1,759 0   1,759
    BANK CHARGES 95 0   0


    TY 2021 OtherIncomeSchedule2
    Name:
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
     
    FOR ARTS AND EDUCATION
    EIN:
    31-6018432
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    AMERICAN SOCIETY OF COMPOSERS. AUTHORS AND PUBLISHERS 516 516 516


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
     
    FOR ARTS AND EDUCATION
    EIN:
    31-6018432
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 102,259 102,259   0
    ADMINISTRATIVE & BOOKKEEPING 18,600 0   11,200


    TY 2021 TaxesSchedule
    Name:
    BEATRIX FINSTON PADWAY CHARITABLE TRUST
     
    FOR ARTS AND EDUCATION
    EIN:
    31-6018432
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN WITHHOLDING 73 73   0
    FILING FEES 75 0   0
    EXCISE 6,004 6,004   0