Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
THE MEREDITH AND ROSEMARY WILLSON CHARIT
(AKA THE MUSIC MAN FOUNDATION)
Number and street (or P.O. box number if mail is not delivered to street address)10474 SANTA MONICA BLVD 405
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LOS ANGELES, CA90025
A Employer identification number

46-1015108
B Telephone number (see instructions)

(310) 274-5854
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$87,869,821J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,345
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,458,423 1,458,423  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,363,954
b Gross sales price for all assets on line 6a 7,782,014
7 Capital gain net income (from Part IV, line 2)... 1,363,954
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 1,694,518 1,694,518  
12 Total. Add lines 1 through 11........ 4,519,240 4,516,895  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 52,000 0   52,000
14 Other employee salaries and wages...... 339,436 0   339,436
15 Pension plans, employee benefits....... 28,344 0   28,344
16a Legal fees (attach schedule)......... Click to see attachment 76,091 0   68,482
b Accounting fees (attach schedule)....... Click to see attachment 88,501 0   80,801
c Other professional fees (attach schedule).... Click to see attachment 213,521 161,342   52,179
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 164,648 0   23,445
19 Depreciation (attach schedule) and depletion... Click to see attachment 573 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 11,159 0   11,159
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 50,499 0   50,499
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,024,772 161,342   706,345
25 Contributions, gifts, grants paid....... 3,194,887 3,194,887
26 Total expenses and disbursements. Add lines 24 and 25 4,219,659 161,342   3,901,232
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 299,581
b Net investment income (if negative, enter -0-) 4,355,553
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............. 76,709 214,325 214,325
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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).......... 57,872,748 Click to see attachment58,033,782 75,628,873
14 Land, buildings, and equipment: basis bullet3,238
Less: accumulated depreciation (attach schedule) bullet1,440 867 Click to see attachment1,798 1,798
15 Other assets (describe bullet) Click to see attachment12,024,825 Click to see attachment12,024,825 Click to see attachment12,024,825
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 69,975,149 70,274,730 87,869,821
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 69,975,149 70,274,730
29 Total net assets or fund balances (see instructions)..... 69,975,149 70,274,730
30 Total liabilities and net assets/fund balances (see instructions). 69,975,149 70,274,730
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
69,975,149
2
Enter amount from Part I, line 27a .....................
2
299,581
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
70,274,730
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
70,274,730
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 UNIFORM MBS POOL P 2020-01-28 2021-01-25
b FEDL HOME LN MTG CRPPOOL P 2016-03-08 2021-12-31
c FEDL HOME LN MTG CRPPOOL P 2018-04-10 2021-12-31
d FEDL HOME LN MTG CRPPOOL P 2016-05-11 2021-12-31
e FEDL HOME LN MTG CRPPOOL P 2019-04-09 2021-12-31
FEDL HOME LN MTG CRPPOOL P 2017-04-07 2021-12-31
FEDL HOME LN MTG CRPPOOL P 2016-12-29 2021-12-31
FEDL HOME LN MTG CRPPOOL P 2017-06-08 2021-12-31
FEDL HOME LN MTG CRPPOOL P 2018-10-25 2021-12-31
FEDL HOME LN MTG CRPPOOL P 2018-09-12 2021-12-31
FEDL HOME LN MTG CRPPOOL P 2019-06-26 2021-12-31
FEDL HOME LN MTG CRPPOOL P 2017-09-25 2021-12-31
FEDL HOME LN MTG CRPPOOL P 2019-01-11 2021-12-31
NUSTAR LOGISTICS L PNOTE CALL P 2019-08-22 2021-11-01
NUSTAR LOGISTICS L PNOTE CALL P 2018-05-29 2021-02-01
SOUTHERN CALIF PUB PWR AUTH NAT GAS P 2015-09-15 2021-07-01
UNIFORM MBS POOL P 2016-07-08 2021-12-31
UNIFORM MBS POOL P 2015-12-31 2021-12-31
UNIFORM MBS POOL P 2015-10-15 2021-12-31
UNIFORM MBS POOL P 2015-12-22 2021-12-31
UNIFORM MBS POOL P 2016-01-08 2021-12-31
UNIFORM MBS POOL P 2016-03-07 2021-12-31
UNIFORM MBS POOL P 2016-11-29 2021-12-31
UNIFORM MBS POOL P 2015-12-22 2021-12-31
UNIFORM MBS POOL P 2015-11-17 2021-12-31
UNIFORM MBS POOL P 2016-09-09 2021-12-31
UNIFORM MBS POOL P 2016-08-18 2021-12-31
UNIFORM MBS POOL P 2017-02-15 2021-12-31
UNIFORM MBS POOL P 2017-05-09 2021-12-31
UNIFORM MBS POOL P 2017-01-25 2021-12-31
UNIFORM MBS POOL P 2018-06-14 2021-12-31
UNIFORM MBS POOL P 2018-03-08 2021-12-31
UNIFORM MBS POOL P 2018-05-15 2021-12-31
UNIFORM MBS POOL P 2016-10-11 2021-12-31
UNIFORM MBS POOL P 2018-07-30 2021-12-31
UNIFORM MBS POOL P 2016-04-13 2021-12-31
UNIFORM MBS POOL P 2016-07-08 2021-12-31
UNIFORM MBS POOL P 2017-10-26 2021-12-31
UNIFORM MBS POOL P 2015-12-22 2021-12-31
UNIFORM MBS POOL P 2018-05-11 2021-12-31
UNIFORM MBS POOL P 2018-09-12 2021-12-31
UNIFORM MBS POOL P 2018-04-06 2021-12-31
UNIFORM MBS POOL P 2020-01-28 2021-12-31
UNIFORM MBS POOL P 2019-06-17 2021-12-31
UNIFORM MBS POOL P 2019-01-29 2021-12-31
UNIFORM MBS POOL P 2019-06-27 2021-12-31
UNIFORM MBS POOL P 2018-11-15 2021-12-31
UNIFORM MBS POOL P 2019-03-27 2021-12-31
UNIFORM MBS POOL P 2016-06-22 2021-12-31
UNIFORM MBS POOL P 2019-10-24 2021-12-31
UNIFORM MBS POOL P 2016-12-08 2021-12-31
UNIFORM MBS POOL P 2015-08-21 2021-12-31
UNIFORM MBS POOL P 2021-12-27 2021-12-31
UNIFORM MBS POOL P 2016-05-25 2021-12-31
AECOM NOTE CALL P 2019-10-15 2021-06-25
CROWN AMERICA LLC/CAP CORP IV NOTE P 2017-06-28 2021-10-14
FIERA CAP EMERG MARKTS-INST P 2021-01-01 2021-01-26
FIERA CAP EMERG MARKTS-INST P 2021-01-01 2021-02-02
FIERA CAP EMERG MARKTS-INST P 2021-01-01 2021-02-09
FIERA CAP EMERG MARKTS-INST P 2021-01-01 2021-02-23
ESSEX PROPERTY TRUST INC REIT P 2021-01-01 2021-03-01
FIERA CAP EMERG MARKTS-INST P 2021-01-01 2021-03-02
CVS HEALTH CORP P 2021-01-01 2021-03-09
FIERA CAP EMERG MARKTS-INST P 2021-01-01 2021-03-09
DANAHER CORP P 2021-01-01 2021-03-10
FACEBOOK INC P 2020-01-01 2021-03-10
THERMO FISHER SCIENTIFIC INC P 2021-01-01 2021-03-10
FIERA CAP EMERG MARKTS-INST P 2020-01-01 2021-03-16
FIERA CAP EMERG MARKTS-INST P 2020-01-01 2021-03-23
FIERA CAP EMERG MARKTS-INST P 2020-01-01 2021-03-30
CISCO SYSTEMS INC P 2020-01-01 2021-05-03
CMS ENERGY CORP P 2021-01-01 2021-05-03
COLGATE PALMOLIVE CO P 2021-01-01 2021-05-03
DOLLAR GENERAL CORP P 2020-01-01 2021-05-03
MERCK & CO INC P 2020-01-01 2021-05-03
ALIBABA GROUP HOLDINGS LTD SPONS ADR P 2021-01-01 2021-07-30
JOHNSON &JOHNSON P 2020-01-01 2021-09-13
L3 HARRIS TECHNOLOGIES INC P 2020-01-01 2021-11-05
MATTHEWS PACIFIC TIGER-INST P 2020-01-01 2021-12-16
MATTHEWS PACIFIC TIGER-INST P 2021-01-01 2021-12-16
VERISK ANALYTICS INC P 2020-01-01 2021-12-20
MIRAE ASST EM MKT GR CONS-I P 2020-01-01 2021-12-21
MIRAE ASST EM MKT GR CONS-I P 2021-01-01 2021-12-21
(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 1,490   1,540 -50
b 7,667   8,473 -806
c 10,570   11,455 -885
d 6,658   7,407 -749
e 50,208   52,191 -1,983
11,638   12,556 -918
11,170   11,772 -602
15,826   17,148 -1,322
15,763   16,715 -952
19,713   19,678 35
44,108   47,701 -3,593
10,285   10,609 -324
9,887   9,688 199
5,000   5,011 -11
108,000   108,000 0
5,000   5,236 -236
9,265   9,888 -623
29,876   32,639 -2,763
8,514   9,198 -684
9,175   9,769 -594
11,593   12,416 -823
5,241   5,717 -476
10,355   10,732 -377
5,254   5,711 -457
911   1,010 -99
39,378   41,807 -2,429
5,466   6,052 -586
13,913   15,015 -1,102
15,141   15,988 -847
20,359   21,499 -1,140
17,306   17,557 -251
18,953   20,090 -1,137
12,109   12,236 -127
14,801   15,704 -903
21,055   20,350 705
7,920   8,526 -606
11,411   12,400 -989
24,515   25,940 -1,425
4,790   5,190 -400
18,568   17,961 607
38,826   40,480 -1,654
25,740   26,646 -906
16,386   16,942 -556
17,085   18,430 -1,345
20,582   21,247 -665
41,134   42,623 -1,489
37,960   39,122 -1,162
15,551   16,344 -793
10,971   11,648 -677
32,855   33,272 -417
8,003   8,698 -695
11,026   12,249 -1,223
15,396   16,600 -1,204
3,764   4,136 -372
126,619   116,204 10,415
99,567   96,156 3,411
416,857   313,285 103,572
401,622   314,369 87,253
379,897   288,977 90,920
349,691   266,748 82,943
282,536   232,657 49,879
283,284   216,538 66,746
211,490   238,769 -27,279
278,378   224,385 53,993
189,326   171,145 18,181
76,945   57,025 19,920
233,617   190,441 43,176
270,818   213,297 57,521
237,018   187,406 49,612
123,315   99,995 23,320
250,336   163,557 86,779
210,846   201,058 9,788
300,181   290,545 9,636
86,355   32,419 53,936
217,339   202,809 14,530
535,762   706,443 -170,681
294,107   214,194 79,913
296,420   249,459 46,961
371,584     371,584
34,745     34,745
227,425   123,167 104,258
18,266     18,266
13,537     13,537
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       -50
b       -806
c       -885
d       -749
e       -1,983
      -918
      -602
      -1,322
      -952
      35
      -3,593
      -324
      199
      -11
      0
      -236
      -623
      -2,763
      -684
      -594
      -823
      -476
      -377
      -457
      -99
      -2,429
      -586
      -1,102
      -847
      -1,140
      -251
      -1,137
      -127
      -903
      705
      -606
      -989
      -1,425
      -400
      607
      -1,654
      -906
      -556
      -1,345
      -665
      -1,489
      -1,162
      -793
      -677
      -417
      -695
      -1,223
      -1,204
      -372
      10,415
      3,411
      103,572
      87,253
      90,920
      82,943
      49,879
      66,746
      -27,279
      53,993
      18,181
      19,920
      43,176
      57,521
      49,612
      23,320
      86,779
      9,788
      9,636
      53,936
      14,530
      -170,681
      79,913
      46,961
      371,584
      34,745
      104,258
      18,266
      13,537
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 1,363,954
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 60,542
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 60,542
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 60,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 150,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 210,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 149,458
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet149,458 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)
    bulletDE, CA
    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 .Click to see attachment
    8b
     
    No
    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 addressbulletMUSICMANFOUNDATION.ORG
    14
    The books are in care ofbulletCOHEN PIVO & COMPANY Telephone no.bullet (310) 274-5854

    Located atbullet10474 SANTA MONICA BLVD SUITE 405LOS ANGELESCA ZIP+4bullet90025
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    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
    TOM CAMP PRESIDENT/DIRECTOR
    4.00     		14,000 0 0
    132 SOUTH RODEO
    BEVERLY HILLS,CA90212
    AL PIVO VP & CFO/DIRECTOR
    4.00     		14,000 0 0
    10474 SANTA MONICA BLVD SUITE 405
    LOS ANGELES,CA90025
    LAURA ZUCKER SECRETARY/DIRECTOR
    3.00     		12,000 0 0
    10474 SANTA MONICA BLVD SUITE 405
    LOS ANGELES,CA90025
    LARRY W SWANSON DIRECTOR
    3.00     		12,000 0 0
    10474 SANTA MONICA BLVD SUITE 405
    LOS ANGELES,CA90025
    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
    SARAH LYDING EXECUTIVE DIRECTOR
    40.00     		195,852 0 0
    10474 SANTA MONICA BLVD STE 405
    LOS ANGELES,CA90025
    KATHRYN D MACKENZIE PROGRAM OFFICER
    40.00     		92,585 0 0
    10474 SANTA MONICA BLVD STE 405
    LOS ANGELES,CA90025
    LAURA LUSSIER FOUNDATION ADMINISTR
    40.00     		51,000 0 0
    10474 SANTA MONICA BLVD STE 405
    LOS ANGELES,CA90025
    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
    CITY NATIONAL BANK INVESTMENT ADVISOR FEES 161,342
    555 FLOWER STREET 12TH FLOOR
    LOS ANGELES,CA90071
    COHEN PIVO & CO CPA'S TAX, ACCOUNTING, AND BUSINESS MANAGEMENT FEES 77,001
    10474 SANTA MONICA BLVD SUITE 405
    LOS ANGELES,CA90025
    GANG TYRE RAMER BROWN & PASSMAN INC LEGAL FEES 76,091
    132 SOUTH RODEO DRIVE
    BEVERLY HILLS,CA90212
    SPARK IMPACT COMMUNICATION SERVICES 50,679
    222 4TH AVE
    VENICE,CA90291
    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
    73,287,899
    b
    Average of monthly cash balances.......................
    1b
    133,949
    c
    Fair market value of all other assets (see instructions)................
    1c
    12,024,825
    d
    Total (add lines 1a, b, and c).........................
    1d
    85,446,673
    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
    85,446,673
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,281,700
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    84,164,973
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    4,208,249
    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
    4,208,249
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    60,542
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    60,542
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,147,707
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    4,147,707
    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
    4,147,707
    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 4,147,707
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 3,634,547
    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......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 3,901,232
    a Applied to 2020, but not more than line 2a 3,634,547
    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..... 266,685
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		3,881,022
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    EDUCATION THROUGH MUSIC LOS ANGELES INC
    2501 W BURBANK BLVD SUITE 301
    BURBANK,CA91505     		N/A N/A GENERAL OPERATING SUPPORT 400,000
    CREATE CA
    85 S GRAND AVENUE
    PASADENA,CA91105     		N/A N/A GENERAL OPERATING SUPPORT 100,000
    EDUCATION THROUGH MUSIC COLORADO
    2216 CHERRY STREET
    DENVER,CO80207     		N/A N/A GENERAL OPERATING SUPPORT 150,000
    EDUCATION THROUGH MUSIC MASSACHUSETTS
    189 LONDON STREET1
    BOSTON,MA02128     		N/A N/A GENERAL OPERATING SUPPORT 80,000
    COLBURN SCHOOL
    200 SOUTH GRAND AVENUE
    LOS ANGELES,CA90012     		N/A N/A JUMPSTART PROGRAM 50,000
    SAVE THE MUSIC FOUNDATION
    1515 BORADWAY 21ST FLOOR
    NEW YORK,NY10036     		N/A N/A MUSIC EDUCATION RELIEF GRANT 30,000
    GRAND VISION FOUNDATION
    434 W 6TH STREET
    SAN PEDRO,CA90731     		N/A N/A MUSIC EDUCATION RELIEF GRANT 50,000
    LITTLE KIDS ROCK INC
    POBOX 43369
    MONTCLAIR,NJ07043     		N/A N/A MUSIC EDUCATION RELIEF GRANT 50,000
    KALEIDOSCOPE CHAMBER ORCHESTRA
    1818 THAYER AVENUE 301
    LOS ANGELES,CA90025     		N/A N/A MUSIC EDUCATION RELIEF GRANT 10,000
    NEIGHBORHOOD MUSIC SCHOOL ASSOCIATION
    358 S BOYLE AVENUE
    LOS ANGELES,CA90033     		N/A N/A MUSIC EDUCATION RELIEF GRANT 45,000
    MUSYCA
    10110 MELINDA WAY NUMBER 5
    NORTHRIDGE,CA91325     		N/A N/A MUSIC EDUCATION RELIEF GRANT 25,000
    MASON CITY FOUNDATION
    308 S PENNSYLVANIA AVE
    MASON CITY,IA50401     		N/A N/A CAPITAL IMPROVEMENTS 131,700
    VOX FEMINA LOS ANGELES
    3341 CAROLINE WAY
    CULVER CITY,CA90232     		N/A N/A MUSIC EDUCATION RELIEF GRANT 10,000
    HEART OF LOS ANGELES
    2701 WILSHIRE BLVD SUITE 100
    LOS ANGELES,CA90057     		N/A N/A MUSIC EDUCATION RELIEF GRANT 50,000
    LOS ANGELES PHILHARMONIC ASSOCIATION
    151 SOUTH GRAND AVENUE
    LOS ANGELES,CA90012     		N/A N/A MUSIC EDUCATION RELIEF GRANT 100,000
    CALIFORNIA STATE UNIVERSITY NORTHRIDGE FOUNDATION
    18111 NORDHOFF STREET VALERA HALL
    110
    NORTHRIDGE,CA91330     		N/A N/A MUSIC EDUCATION RELIEF GRANT 18,000
    NATIONAL GUILD FOR COMMUNITY ARTS EDUCATION
    520 8TH AVENUE SUITE 302
    NEW YORK,NY10018     		N/A N/A MUSIC EDUCATION RELIEF GRANT 80,000
    PSARTS
    6701 CENTER DRIVE WEST SUITE 550
    LOS ANGELES,CA90045     		N/A N/A MUSIC EDUCATION RELIEF GRANT 30,000
    YOUNG MUSICIANS FOUNDATION
    1844 CYPRESS AVENUE 101
    LOS ANGELES,CA90065     		N/A N/A MUSIC EDUCATION RELIEF GRANT 30,000
    A PLACE CALLED HOME
    2830 SOUTH CENTRAL AVE
    LOS ANGELES,CA90011     		N/A N/A MUSIC EDUCATION RELIEF GRANT 35,000
    PASADENA CONSERVATORY OF MUSIC
    100 N HILL AVENUE
    PASADENA,CA91106     		N/A N/A MUSIC EDUCATION RELIEF GRANT 65,000
    LOS ANGELES CHILDREN'S CHORUS
    585 E COLORADO BOULEVARD
    PASADENA,CA91101     		N/A N/A MUSIC EDUCATION RELIEF GRANT 13,000
    THE MUSIC CENTER
    135 NGRAND AVENUE
    LOS ANGELES,CA90012     		N/A N/A MUSIC EDUCATION RELIEF GRANT 10,000
    PASADENA SYMPHONY ASSOCIATION
    150 S LOS ROBLES AVENUESUITE 460
    PASADENA,CA91101     		N/A N/A MUSIC EDUCATION RELIEF GRANT 14,000
    LONG BEACH CAMERATA SINGERS
    PO BOX 90511
    LONG BEACH,CA90809     		N/A N/A MUSIC EDUCATION RELIEF GRANT 13,000
    MASON CITY FOUNDATION
    308 S PENNSYLVANIA AVE
    MASON CITY,IA50401     		N/A N/A CAPITAL IMPROVEMENTS 2,327
    MASON CITY FOUNDATION
    308 S PENNSYLVANIA AVE
    MASON CITY,IA50401     		N/A N/A WILLSON BOYHOOD HOME STEPS AND RAMP REPAIR 15,960
    ARTISTS STRIVING TO END POVERTY
    165 W 46TH STREET SUITE 1310
    NEW YORK,NY10036     		N/A N/A MUSIC EDUCATION RELIEF GRANT 20,000
    EDUCATION THROUGH MUSIC-LOS ANGELES INC
    2501 W BURBANK BOULEVARD SUITE 301
    BURBANK,CA91505     		N/A N/A MUSIC EDUCATION RELIEF GRANT 350,000
    EDUCATION THROUGH MUSIC INC
    122 E 42ND STREET SUITE 1501
    NEW YORK,NY10168     		N/A N/A MUSIC EDUCATION RELIEF GRANT 550,000
    BOSTON COURT PERFORMING ARTS CENTER
    PO BOX 60187
    PASADENA,CA91116     		N/A N/A MUSIC PERFORMANCES 1,500
    LOS ANGELES COUNTY DEPARTMENT OF ARTS AND CULTURE
    1055 WILSHIRE BLVD SUITE 800
    LOS ANGELES,CA90017     		N/A N/A GENERAL OPERATING SUPPORT 140,000
    STATE EDUCATION AGENCY DIRECTORS OF ARTS EDUCATION
    2732 MAJESTIC RIDGE
    COTTONWOOD HEIGHTS,UT84121     		N/A N/A ARTS EDUCATION DATA PROJECT 250,000
    MASON CITY FOUNDATION
    308 S PENNSYLVANIA AVE
    MASON CITY,IA50401     		N/A N/A CAPITAL IMPROVEMENTS 100,000
    MASON CITY FOUNDATION
    308 S PENNSYLVANIA AVE
    MASON CITY,IA50401     		N/A N/A GENERAL OPERATING SUPPORT 1,900
    EDUCATION THROUGH MUSIC INC
    122 E 42ND STREET SUITE 1501
    NEW YORK,NY10168     		N/A N/A NATIONAL EXPANSION 25,000
    RESOUNDING JOY INC
    10455 SORRENTO VALLEY RD SUITE 208
    SAN DIEGO,CA92121     		N/A N/A MUSIC EDUCATION RELIEF GRANT 15,000
    OTIS COLLEGE OF ART AND DESIGN
    9045 LINCOLN BLVD
    LOS ANGELES,CA90045     		N/A N/A MUSIC EDUCATION RELIEF GRANT 10,000
    MCCALLUM THEATRE
    73000 FRED WARING DRIVE
    PALM DESERT,CA92260     		N/A N/A GENERAL OPERATING SUPPORT 1,000
    CITY OF HOPE
    1500 DUARTE RD
    DUARTE,CA91010     		N/A N/A MUSIC EDUCATION RELIEF GRANT 1,000
    THE HARMONY PROJECT
    4322 WILSHIRE BLVD SUITE 101
    LOS ANGELES,CA90010     		N/A N/A GENERAL OPERATING SUPPORT 1,000
    LA COUNTY LIBRARY FOUNDATION
    630 WEST 5TH STREET
    LOS ANGELES,CA90071     		N/A N/A LIBRARY FOUNDATION OF LOS ANGELES 500
    LOS ANGELES OPERA COMPANY
    135 NGRAND AVENUE
    LOS ANGELES,CA90012     		N/A N/A MUSIC EDUCATION RELIEF GRANT 49,000
    ELEMENTAL MUSIC
    1830 LINCOLN BLVD 2
    SANTA MONICA,CA90404     		N/A N/A BERGMANN PROJECT 15,000
    SYMPHONIC JAZZ ORCHESTRA
    POBOX 1421
    CULVER CITY,CA90232     		N/A N/A MUSIC EDUCATION RELIEF GRANT 36,000
    SANTA MONICA YOUTH ORCHESTRA
    1017 4TH STREET APT15
    SANTA MONICA,CA90403     		N/A N/A MUSIC EDUCATION RELIEF GRANT 20,000
    Total .................................bullet 3a 3,194,887
    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 ...........     		         
    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 ............     		    18 1,363,954  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 4,516,895 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,516,895
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    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
    THE MEREDITH AND ROSEMARY WILLSON CHARIT
    (AKA THE MUSIC MAN FOUNDATION)
    Employer identification number

    46-1015108
    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
    THE MEREDITH AND ROSEMARY WILLSON CHARIT
    (AKA THE MUSIC MAN FOUNDATION)         		Employer identification number
    46-1015108
    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
    PRESTON'S TRUST
     
    10474 SANTA MONICA BLVD STE 405
     
    LOS ANGELES, CA90025

    		$ 2,345


    (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
    THE MEREDITH AND ROSEMARY WILLSON CHARIT
    (AKA THE MUSIC MAN FOUNDATION)         		Employer identification number

    46-1015108
    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
    THE MEREDITH AND ROSEMARY WILLSON CHARIT
    (AKA THE MUSIC MAN FOUNDATION)         		Employer identification number

    46-1015108
    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:
    THE MEREDITH AND ROSEMARY WILLSON CHARIT
     
    (AKA THE MUSIC MAN FOUNDATION)
    EIN:
    46-1015108
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING & BUSINESS MANAGEMENT 77,001 0   69,301
    AUDIT FEES 11,500 0   11,500

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

    TY 2021 DepreciationSchedule
    Name:
    THE MEREDITH AND ROSEMARY WILLSON CHARIT
     
    (AKA THE MUSIC MAN FOUNDATION)
    EIN:
    46-1015108
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    COMPUTER 2018-07-01 1,734 867 SL 5.000000000000 347 0    
    COMPUTER 2021-03-24 1,504   SL 5.000000000000 226 0    

    TY 2021 ExplnOfNonFilingWithAGStmt
    Name:
    THE MEREDITH AND ROSEMARY WILLSON CHARIT
     
    (AKA THE MUSIC MAN FOUNDATION)
    EIN:
    46-1015108
    Statement:
    THIS NONPROFIT CORPORATION WAS FORMED UNDER DELAWARE LAW, BUT DOES NOT CONDUCT BUSINESS IN DELAWARE. DELAWARE DOES NOT REQUIRE NONPROFIT CORPORATIONS FORMED UNDER DELAWARE LAW TO REGISTER WITH ITS ATTORNEY GENERAL'S OFFICE OR FILE ANNUAL SEPARATE FINANCIAL REPORTS TO THE STATE. THIS NONPROFIT CORPORATION IS ALSO REGISTERED IN CALIFORNIA AND FURNISHES A COPY OF FORM 990-PF TO THE ATTORNEY GENERAL OF CALIFORNIA.

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE MEREDITH AND ROSEMARY WILLSON CHARIT
     
    (AKA THE MUSIC MAN FOUNDATION)
    EIN:
    46-1015108
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CNS X3569 AT COST 102,725 102,725
    CNS X9887 & X0810 AT COST 57,931,057 75,526,148

    TY 2021 LandEtcSchedule2
    Name:
    THE MEREDITH AND ROSEMARY WILLSON CHARIT
     
    (AKA THE MUSIC MAN FOUNDATION)
    EIN:
    46-1015108
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTER 1,734 1,214 520  
    COMPUTER 1,504 226 1,278  


    TY 2021 LegalFeesSchedule
    Name:
    THE MEREDITH AND ROSEMARY WILLSON CHARIT
     
    (AKA THE MUSIC MAN FOUNDATION)
    EIN:
    46-1015108
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 76,091 0   68,482


    TY 2021 OtherAssetsSchedule
    Name:
    THE MEREDITH AND ROSEMARY WILLSON CHARIT
     
    (AKA THE MUSIC MAN FOUNDATION)
    EIN:
    46-1015108
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INTELLECTUAL PROPERTY 11,120,000 11,120,000 11,120,000
    MEMORABILIA 500,000 500,000 500,000
    MASON CITY PROPERTIES 404,825 404,825 404,825


    TY 2021 OtherExpensesSchedule
    Name:
    THE MEREDITH AND ROSEMARY WILLSON CHARIT
     
    (AKA THE MUSIC MAN FOUNDATION)
    EIN:
    46-1015108
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FILING FEES 880 0   880
    INSURANCE 16,781 0   16,781
    INFORMATION TECHNOLOGY 12,590 0   12,590
    DUES 8,588 0   8,588
    PUBLICITY FEES 5,068 0   5,068
    OFFICE EXPENSE 6,592 0   6,592


    TY 2021 OtherIncomeSchedule2
    Name:
    THE MEREDITH AND ROSEMARY WILLSON CHARIT
     
    (AKA THE MUSIC MAN FOUNDATION)
    EIN:
    46-1015108
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LICENSING - MUSIC ROYALTIES 1,694,518 1,694,518 1,694,518


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE MEREDITH AND ROSEMARY WILLSON CHARIT
     
    (AKA THE MUSIC MAN FOUNDATION)
    EIN:
    46-1015108
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISOR FEES 161,342 161,342   0
    CONSULTING SERVICES 52,179 0   52,179


    TY 2021 TaxesSchedule
    Name:
    THE MEREDITH AND ROSEMARY WILLSON CHARIT
     
    (AKA THE MUSIC MAN FOUNDATION)
    EIN:
    46-1015108
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL 131,730 0   0
    FOREIGN 2,637 0   0
    STATE - CALIFORNIA 6,836 0   0
    PAYROLL 23,445 0   23,445