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
GARCIA FAMILY SPOTLIGHT FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)8517 BEECH TREE ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BETHESDA, MD20817
A Employer identification number

47-3544299
B Telephone number (see instructions)

(202) 390-4579
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$3,829,444J 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) 799,118
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 77,326 77,326  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 58,410
b Gross sales price for all assets on line 6a 894,330
7 Capital gain net income (from Part IV, line 2)... 238,040
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 934,854 315,366  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,500 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 635 318   191
b Accounting fees (attach schedule)....... Click to see attachment 7,870 3,935   2,361
c Other professional fees (attach schedule).... Click to see attachment 20,366 20,366   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,152 3,152   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 32,657 32,657   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 66,180 60,428   2,552
25 Contributions, gifts, grants paid....... 705,894 705,894
26 Total expenses and disbursements. Add lines 24 and 25 772,074 60,428   708,446
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 162,780
b Net investment income (if negative, enter -0-) 254,938
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......... 717,380 114,765 114,765
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) 104,533 Click to see attachment41,081 44,247
b Investments—corporate stock (attach schedule)....... 442,762 Click to see attachment706,250 761,617
c Investments—corporate bonds (attach schedule)....... 496,501 Click to see attachment430,074 443,323
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,347,390 Click to see attachment1,979,178 2,465,196
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment298 Click to see attachment296 Click to see attachment296
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,108,864 3,271,644 3,829,444
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........... 3,108,864 3,271,644
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 3,108,864 3,271,644
30 Total liabilities and net assets/fund balances (see instructions). 3,108,864 3,271,644
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
3,108,864
2
Enter amount from Part I, line 27a .....................
2
162,780
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,271,644
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
3,271,644
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b PUBLICLY TRADED SECURITIES      
c INVESTMENT-L CAPITAL II, LP P    
d
e
(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 515,085   463,095 51,990
b 379,245   198,820 180,425
c       5,625
d
e
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       51,990
b       180,425
c       5,625
d
e
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 2 238,040
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 3,544
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 3,544
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 5,660
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,275
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,935
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 2
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 3,389
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet3,389 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)
    bulletMD
    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 ofbulletJULIE GARCIA Telephone no.bullet (202) 390-4579

    Located atbullet8517 BEECH TREE ROADBETHESDAMD ZIP+4bullet20817
    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
    JULIE GARCIA DIRECTOR, PRESIDENT
    1.00     		0 0 0
    8517 BEECH TREE RD
    BETHESDA,MD20817
    JON GARCIA DIRECTOR, TREASURER, SECRETARY
    0.50     		0 0 0
    8517 BEECH TREE RD
    BETHESDA,MD20817
    PALOMA GARCIA BOARD MEMBER
    0.25     		500 0 0
    8517 BEECH TREE RD
    BETHESDA,MD20817
    ISABELLA GARCIA BOARD MEMBER
    0.25     		500 0 0
    8517 BEECH TREE RD
    BETHESDA,MD20817
    JENNAWAY PEARSON BOARD MEMBER
    0.25     		500 0 0
    8517 BEECH TREE RD
    BETHESDA,MD20817
    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 THE FOUNDATION MADE DONATIONS THAT BENEFITED 17 CHARITIES IN 2021 0
    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
    3,248,400
    b
    Average of monthly cash balances.......................
    1b
    209,237
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,457,637
    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
    3,457,637
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    51,865
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    3,405,772
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    170,289
    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
    170,289
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    3,544
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,544
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    166,745
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    166,745
    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
    166,745
    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 7 166,745
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019...... 130,862
    e From 2020......  
    f Total of lines 3a through e ........ 130,862
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 708,446
    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..... 166,745
    e Remaining amount distributed out of corpus 541,701
    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 5 672,563
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		672,563
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019.... 130,862
    d Excess from 2020....  
    e Excess from 2021.... 541,701
    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).)
    JULIE GARCIA
    JON GARCIA
    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
    A BREEZE OF HOPE FOUNDATION
    PO BOX 148
    ESSINGTON,PA19029     		NONE PUBLIC CHARITY SERVE CHILD VICTIMS OF SEXUAL VIOLENCE 11,267
    ALZHEIMER'S DRUG DISCOVERY FOUNDATION
    57 WEST 57TH STREET SUITE 904
    NEW YORK,NY10019     		NONE PUBLIC CHARITY ACCELERATE THE DISCOVERY OF DRUGS TO PREVENT, TREAT AND CURE ALZHEIMER'S DISEASE 500
    ANTARA INTERNATIONAL INC
    1600 DUANE AVENUE
    SANTA CLARA,CA95054     		NONE PUBLIC CHARITY SUPPORT ON-GROUND ACTIVITIES OF THE ANTARA FOUNDATION 100,000
    BROWN UNIVERSITY
    69 BROWN SSTREET BOX 1822
    PROVIDENCE,RI02912     		NONE PUBLIC CHARITY RESEARCH UNIVERSITY AND INNOVATIVE EDUCATIONAL INSTITUTION 250,000
    MEALS ON WHEELS
    PO BOX 791568
    BALTIMORE,MD212791568     		NONE PUBLIC CHARITY DELIVER FOOD, COMPASSION AND CARE TO AGING NEIGHBORS 5,000
    MELANOMA RESEARCH FOUNDATION
    1420 K STREET NW 7TH FLOOR
    WASHINGTON,DC20005     		NONE PUBLIC CHARITY EDUCATE PATIENTS AND PHYSICIANS ABOUT PREVENTION, DIAGNOSIS AND TREATMENT OF MELANOMA 500
    MID ATLANTIC TURTLES & TORTOISE SOCIETY
    PO BOX 341
    HIGHLAND,MD20777     		NONE PUBLIC CHARITY PROMOTE THE RESPONSIBLE HERPETOCULTURE OF TURTLES AND TORTOISES 500
    MUSEUM OF CHINESE IN AMERICA
    215 CENTRE STREET
    NEW YORK,NY10013     		NONE PUBLIC CHARITY PRESERVE AND PRESENT THE HISTORY, HERITAGE, CULTURE AND DIVERSE EXPERIENCES OF AMERICAN COMMUNITIES OF CHINESE DESCENT 5,000
    NATIONAL DIAPER BANK
    155 EAST STREET SUITE 101
    NEW HAVEN,CT06511     		NONE PUBLIC CHARITY TO END DIAPER NEED AND PERIOD POVERTY IN THE U.S. 5,000
    PENFAULKNEER FOUNDATION
    6218 GEORGIA AVENUE NW
    WASHINGTON,DC20011     		NONE PUBLIC CHARITY PROVIDE YOUNG PEOPLE WITH LITERARY EXPERIENCES THROUGH BOOK DONATIONS, WRITING INSTRUCTION AND RICH DISCUSSIONS 5,000
    SMILING DOGS FARMS
    6915 S TX-60
    WHARTON,TX77488     		NONE PUBLIC CHARITY CARE FOR DOGS WHO HAVE NOWHERE ELSE TO GO 534
    ST ROSE OF LIMA
    11701 CLOPPER ROAD
    GAITHERSBURG,MD20878     		NONE PUBLIC CHARITY RESPOND TO GOD'S MERCY BY GROWING DISCIPLES THROUGH ENCOUNTER AND EVANGELIZATION 10,000
    THE PHILLIPS COLLECTION
    1600 21ST STREET
    WASHINGTON,DC20009     		NONE PUBLIC CHARITY MUSEUM OF MODERN ART 35,000
    THE WASHINGTON BALLET
    3515 WISCONSIN AVENUE NW
    WASHINGTON,DC20016     		NONE PUBLIC CHARITY REFLECT DIVERSITY OF DC AND US THROUGH DANCERS AND REPERTOIRE 10,000
    WASHINGTON WALDORF SCHOOL
    4800 SANGAMORE ROAD
    BETHESDA,MD20816     		NONE PUBLIC CHARITY CULTIVATE CAPACITY TO THINK CLEARLY, FEEL COMPASSIONATELY AND ACT PURPOSEFULLY 93
    WE ARE FAMILY FOUNDATION
    163 AMSTERDAM AVENUE 1417
    NEW YORK,NY10023     		NONE PUBLIC CHARITY CREATE AND SUPPORT PROGRAMS TO INSPIRE AND EDUCATE PEOPLE ABOUT MUTUAL RESPECT, UNDERSTANDING, CULTURAL DIVERSITY WHILE STRIVING TO SOLVE GLOBAL PROBLEMS 17,500
    WESLEYAN UNIVERSITY
    45 WYLLYS AVENUE
    MIDDLETOWN,CT06459     		NONE PUBLIC CHARITY PROVIDE A LIBERAL ARTS EDUCATION CHARACTERIZED BY BOLDNESS, RIGOR AND PRACTICAL IDEALISM 250,000
    Total .................................bullet 3a 705,894
    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 58,410  
    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) .. 0 135,736 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    135,736
    (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
    GARCIA FAMILY SPOTLIGHT FOUNDATION INC
     
    Employer identification number

    47-3544299
    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
    GARCIA FAMILY SPOTLIGHT FOUNDATION INC
          		Employer identification number
    47-3544299
    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
    JON C GARCIA AND JULIE A ARTHUR-GAR
    8517 BEECH TREE RD
     
    BETHESDA, MD20817

    		$ 799,118


    (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
    GARCIA FAMILY SPOTLIGHT FOUNDATION INC
          		Employer identification number

    47-3544299
    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
    1
    		 5,000 SHS MS TRIGPLUS EPI $ 65,075 2021-05-04
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 10000 SHS MS DDTRIGP SPX $ 206,950 2021-05-14
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 5000 SHS MS DD TRIGJ SPX $ 106,425 2021-11-19
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 1500 SHS MS DD TRIGJ SPX $ 28,973 2021-12-10
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 10000 SHS MS TRIGP SPX $ 273,250 2021-12-10
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 6000 SHS MS DD TRIGJ SPX $ 117,810 2021-12-27
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    GARCIA FAMILY SPOTLIGHT FOUNDATION INC
          		Employer identification number

    47-3544299
    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:
    GARCIA FAMILY SPOTLIGHT FOUNDATION INC
    EIN:
    47-3544299
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREP FEE 7,870 3,935   2,361

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    GARCIA FAMILY SPOTLIGHT FOUNDATION INC
    EIN:
    47-3544299
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICAN INTL GROUP FXD TO 04/20/28 5.750% 54,601 56,125
    CHARLES SCHWAB CORP 4.625% FXD TO 3/20/22 19,546 19,986
    ENERGY TRANSFER LP 3.149% 11/1/66 8,350 8,000
    FORD MOTOR CO 7.450% 07/16/31 11,743 13,542
    FPL GROUP CAPITAL INC VAR 2.1983% 33,100 37,510
    JPMORGAN CHASE & CO VAR 3.9316% 31,097 30,000
    MS CONTINGENT INCOME 5.15% BASED ON THE S&P 500 INDEX 36,071 36,287
    OLIN ORP 5.125% 09/15/27 9,878 10,263
    PRUDENTIAL FINANCIAL INC FXD TO 09/20/27 53,036 52,145
    REINSURANCE GRP OF AMERI INC 2.8677% 43,813 47,121
    SOUTHERN CALIFORNIA EDISON CO FXD TO 02/20/22 10,125 10,004
    TRANSCANADA TRUST FXD TO 03/20/27 5.3000% 30,037 31,013
    VOYA FINANCIAL INC. FXD TO 01/20/28 4.7000% 18,587 20,102
    EDISON INTERNATINAL FXD TO 03/20/26 5.375% 30,863 31,425
    GENERAL ELECTRIC CO VAR 3.5327% 39,227 39,800

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    GARCIA FAMILY SPOTLIGHT FOUNDATION INC
    EIN:
    47-3544299
    Name of Stock End of Year Book Value End of Year Fair Market Value
    APPLE INC (AAPL) 15,168 71,028
    ATT&T, INC. (T) 29,715 24,600
    COMMSCOPE HOLDING COMPANY, INC. (COMM) 10,738 11,040
    DEUTSCHE TELEKOM AG 1 ORD 1ADS (DTEGY) 16,147 18,510
    GLAXOSMITHKLINE PLC ADR (GSK) 17,790 22,050
    INTL BUSINESS MACHINES CORP (IBM) 27,668 26,732
    KOREA ELECTRIC POWER CORP ADS (KEP) 16,377 9,140
    PAGSEGURO DIGITAL LTD (PAGS) 6,782 5,244
    PFIZER INC (PFE) 15,992 29,525
    SONOS, INC. 13,955 29,800
    TAKEDA PHARMACEUTCL CO 19,805 13,630
    VIATRIS INC. 13,134 13,530
    VODAFONE GROUP PLC (VOD) 49,081 29,860
    COMPASS PATHWAYS PLC ADR 10,493 6,630
    SCHNEIDER NATIONAL INC. CL B 23,372 26,910
    MS DUAL DIRECTIONAL TRIGGER JUMP ON SPX (SPWAW) 146,783 146,438
    MS TRIGGER PLUS ON THE S&P 500 INDEX (SPUNR) 273,250 276,950

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    GARCIA FAMILY SPOTLIGHT FOUNDATION INC
    EIN:
    47-3544299
    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:


    41,081
    State & Local Government Securities - End of Year Fair Market Value:


    44,247


    TY 2021 InvestmentsOtherSchedule2
    Name:
    GARCIA FAMILY SPOTLIGHT FOUNDATION INC
    EIN:
    47-3544299
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ANGEL OAK MULTI STRAT INC I (ANGIX) AT COST 61,157 56,388
    BLUE SEED COLLECTIVE II, LP AT COST 334,740 334,740
    FIRST TRUST GBL TACTICAL STG F (FTGC) AT COST 39,522 46,120
    HSBC MARKET LINKED CD ON SPX WITH SURVIVOR OPTION LIMIT AT COST 56,609 68,010
    ISHARES EDGE MSCI MIN VOL EMER (EEMV) AT COST 27,239 31,410
    ISHARES INC MSCI JAPAN ETF (EWJ) AT COST 60,397 66,960
    ISHARES MSCI FRONTIER AND SE (FM) AT COST 18,072 17,255
    JPMORGAN CHASE BK NA COLUMBUS OHIO LKD TO S&P 500 INDEX CD AT COST 31,180 35,313
    MORGAN STANLEY BANK NA AT COST 25,193 32,264
    MS EMERGING MKTS DOMESTIC DEBT (EDD) AT COST 34,329 32,880
    MS MARKET LINKED CD ON EQUAL WEIGHT BASKET RTY SPX SX5E AT COST 33,856 45,922
    VANECK VECTORS ETF RUSSIA (RSX) AT COST 10,101 13,330
    VANECK VECTORS ETF VIETNAM (VNM) AT COST 14,138 21,240
    VANGUARD FTSE EMERGING MARKETS (VWO) AT COST 95,866 113,758
    VANGUARD GROWTH ETF (VUG) AT COST 31,481 96,270
    VANGUARD INDEX FDS S&P 500 ETF (V00) AT COST 52,998 87,314
    VANGUARD MID CAP GROWTH ETF (VOT) AT COST 10,023 25,462
    VANGUARD MID CAP VALUE ETF (VOE) AT COST 19,937 30,066
    VANGUARD SM CAP GROWTH ETF (VBK) AT COST 16,165 28,179
    VANGUARD SM CAP VALUE ETF (VBR) AT COST 23,340 35,770
    VANGUARD TTL STK MKT ETF (VTI) AT COST 321,444 531,168
    VANGUARD TTL WRLD STK INDX (VT) AT COST 72,424 107,430
    VANGUARD VALUE ETF INDEX (VTV) AT COST 48,761 88,266
    ISHARES CHINA LARGE CAP ETF (FXI) AT COST 49,015 36,580
    ISHARES MSCI BRAZIL ETF (EWZ) AT COST 50,625 39,298
    NEUBERGER BERMAN MLP AND ENERGY (NML) AT COST 19,753 26,200
    SPROTT PLATINUM/PALLADIUM ETF (SPPP) AT COST 31,090 27,880
    GREENPARK SPV I, LLC AT COST 51,149 51,149
    L CAPITAL II, LP AT COST 133,642 133,642
    MOTHER CAPITAL BENITAGO SPV I AT COST 49,831 49,831
    VALHALLA VENTURES CLIMAX FOODS SPV I LLC AT COST 75,000 75,000
    VALHALLA VENTURES MOONPAY SPV I LLC AT COST 50,001 50,001
    BLUE SIDE COLLECTIVE LLC-SERIES XXII AT COST 30,100 30,100

    TY 2021 LegalFeesSchedule
    Name:
    GARCIA FAMILY SPOTLIGHT FOUNDATION INC
    EIN:
    47-3544299
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 635 318   191


    TY 2021 OtherAssetsSchedule
    Name:
    GARCIA FAMILY SPOTLIGHT FOUNDATION INC
    EIN:
    47-3544299
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INTEREST AND DIVIDENDS RECEIVABLE 298 296 296


    TY 2021 OtherExpensesSchedule
    Name:
    GARCIA FAMILY SPOTLIGHT FOUNDATION INC
    EIN:
    47-3544299
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT IN PARTNERSHIPS-DEDUCTIONS 32,657 32,657   0


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    GARCIA FAMILY SPOTLIGHT FOUNDATION INC
    EIN:
    47-3544299
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 20,366 20,366   0


    TY 2021 TaxesSchedule
    Name:
    GARCIA FAMILY SPOTLIGHT FOUNDATION INC
    EIN:
    47-3544299
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 1,291 1,291   0
    2020 FORM 990-PF BALANCE DUE AND 2021 ESTIMATED TAXES 1,861 1,861   0