Form990-PF
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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
RAVI AND NAINA PATEL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)6501 TRUXTUN AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BAKERSFIELD, CA93309
A Employer identification number

77-0490360
B Telephone number (see instructions)

(661) 322-2206
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$39,039,715J 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) 2,365,401
2 Check bullet.............
3 Interest on savings and temporary cash investments 7,739 7,739  
4 Dividends and interest from securities... 154,008 154,008  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,640,678
b Gross sales price for all assets on line 6a 76,242,405
7 Capital gain net income (from Part IV, line 2)... 2,640,678
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 686,858
b Less: Cost of goods sold.... 267,780
c Gross profit or (loss) (attach schedule)..... Click to see attachment 419,078  
11 Other income (attach schedule)....... Click to see attachment 347,411 300,933  
12 Total. Add lines 1 through 11........ 5,934,315 3,103,358  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 60,000      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 13,313      
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 200,234      
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 list of attachments 743,402 84,376   186,033
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,016,949 84,376   186,033
25 Contributions, gifts, grants paid....... 3,084,604 3,084,604
26 Total expenses and disbursements. Add lines 24 and 25 4,101,553 84,376   3,270,637
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,832,762
b Net investment income (if negative, enter -0-) 3,018,982
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............. 3,601,647 2,847,287 2,847,287
2 Savings and temporary cash investments......... 2,112,632 1,466,100 1,466,100
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   216    
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).......... 24,749,075 Click to see attachment28,033,810 34,720,627
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)   Click to see attachment5,701 Click to see attachment5,701
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,463,570 32,352,898 39,039,715
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) Click to see attachment226,017 Click to see attachment282,583
23 Total liabilities (add lines 17 through 22)......... 226,017 282,583
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 30,237,553 32,070,315
29 Total net assets or fund balances (see instructions)..... 30,237,553 32,070,315
30 Total liabilities and net assets/fund balances (see instructions). 30,463,570 32,352,898
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
30,237,553
2
Enter amount from Part I, line 27a .....................
2
1,832,762
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
32,070,315
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
32,070,315
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 CHARLES SCHWAB #8998 - SHORT TERM P 2021-01-01 2021-12-31
b CHARLES SCHWAB #8998 - LONG TERM P 2021-01-01 2021-12-31
c MERRILL LYNCH #4124 - LONG TERM P 2021-01-01 2021-12-31
d BREP VII - LONG TERM P 2021-01-01 2021-12-31
e FRANCISCO PARTNERS III, L.P. - LONG TERM P 2021-01-01 2021-12-31
FRANCISCO PARTNERS III (CAYMAN-LONG TERM P 2021-01-01 2021-12-31
FRANCISCO PARTNERS III (DOMESTIC)-LONG T P 2021-01-01 2021-12-31
OLYMPUS OPPORTUNITY FUND II - LONG TERM P 2021-01-01 2021-12-31
CHARLES SCHWAB #6101 P 2021-01-01 2021-12-31
CHARLES SCHWAB #8998 P 2021-01-01 2021-12-31
INCOME / (LOSS) FROM PASSTHROUGHS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 73,449,251   71,822,900 1,626,351
b 1,186,891   1,642,069 -455,178
c 476,827   136,758 340,069
d 2,332     2,332
e 490,774     490,774
242,607     242,607
351,156     351,156
10,954     10,954
2,328     2,328
29,285     29,285
       
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       1,626,351
b       -455,178
c       340,069
d       2,332
e       490,774
      242,607
      351,156
      10,954
      2,328
      29,285
       
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 2,640,678
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  
3 Add lines 1 and 2........................... 3 41,964
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 41,964
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 56,235
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 56,235
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 14,271
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet14,271 RefundedBullet 11  
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletPRITESH PATEL Telephone no.bullet (661) 322-2206

    Located atbullet6501 TRUXTUN AVENUEBAKERSFIELDCA ZIP+4bullet93309
    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
     
    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
    RAVI PATEL PRESIDENT/DIREC
    2.00     		0    
    6501 TRUXTUN AVENUE
    BAKERSFIELD,CA93309
    NAINA PATEL VICE PRESIDENT/
    5.00     		0    
    6501 TRUXTUN AVENUE
    BAKERSFIELD,CA93309
    AMAR PATEL PRESIDENT/DIREC
    10.00     		60,000    
    6501 TRUXTUN AVENUE
    BAKERSFIELD,CA93309
    PRITESH PATEL CFO / DIRECTOR
    2.00     		0    
    6501 TRUXTUN AVENUE
    BAKERSFIELD,CA93309
    NEERAJ RAMA Director
    2.00     		0    
    6501 TRUXTUN AVENUE
    BAKERSFIELD,CA93309
    RISHI PATEL Director
    2.00     		0    
    6501 TRUXTUN AVENUE
    BAKERSFIELD,CA93309
    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  
    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.............bullet  
    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.........................bullet  
    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
    36,178,569
    b
    Average of monthly cash balances.......................
    1b
    2,188,868
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    38,367,437
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    38,367,437
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    575,512
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    37,791,925
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,889,596
    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
    1,889,596
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    41,964
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    41,964
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,847,632
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,847,632
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,847,632
    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 1,847,632
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 713,160
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 713,160
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 3,270,637
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 1,847,632
    e Remaining amount distributed out of corpus 1,423,005
    5 Excess distributions carryover applied to 2021.    
    (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 2,136,165
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    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) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		713,160
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		1,423,005
    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.... 1,423,005
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    PRITESH PATEL
    6501 TRUXTUN AVENUE
    BAKERSFIELD,CA93309
    (661) 322-2206
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER FORMAT
    cAny submission deadlines:
    N/A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    N/A
    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
    ALLIANCE AGAINST FAMILY VIOLENCE
    1921 19TH STREET
    BAKERSFIELD,CA93301     		  CHARITY FOR ASSISTANCE IN FIGHTING DOMESTIC VIOLENCE AND SEXUAL ASSULT. 30,000
    AFRICAN CHILDRENS SCHOOLS
    1400 FIELDSPRINGS DRIVE
    BAKERSFIELD,CA93311     		  CHARITY FOR EDUCATING AFRICAN CHILDREN BY PROVIDING TEACHERS, SCHOOL BUILDINGS, DESK AND CHAIRS, DRY LATRIENES, BLACKBOARDS, AND EDUCATIONAL MATERIALS. 11,000
    BAKERSFIELD COLLEGE FOUNDATION
    1801 PANORAMA DRIVE
    BAKERSFIELD,CA93305     		  CHARITY GENERAL SUPPORT 307,400
    BAKERSFIELD HOMELESS CENTER
    1600 EAST TRUXTUN AVENUE
    BAKERSFIELD,CA93309     		  CHARITY FOR HOMELESS AND POOR TO EQUIP THEM FOR SELF-SUFFICIENT & PRODUCTIVE FUTURE. 30,000
    BHRAHMANADA SARASWATI FOUNDATION
    1100 N 4TH STREET STE 125
    FAIRFIELD,IA52556     		  CHARITY TO SECURE PEACE,AFFLUENCE AND INVINCIBILITY FOR LIFE EVERYWHERE ON EARTH BY PROVIDING PREPETUAL SUPPORT FOR LARGE GROUPS PRACTICING TRANSENDENTAL MEDITATION. 282,600
    CATHOLIC CHARITIES DIOCESE OF FRESN
    825 CHESTER AVENUE
    BAKERSFIELD,CA93301     		  CHARITY FOR SERVING NEEDS OF THOSE IN CRISIS WITH SITES IN FRESNO, MERCED, AND BAKERSFIELD. FIRST RESPONDERS IN HELPING NEIGHBORS WITH FOOD, CLOTHING, AND OTHER BASIC NECESSITIES REGARDLESS OF AGE, RACE OR BELIEFS. 80,000
    CENTER FOR DISASTER PHILANTHROPY
    ONE THOMAS CIRCLE NW STE 700
    WASHINGTON,DC20005     		  CHARITY TO LEVERAGE THE POWER OF PHILANTHROPY TO MOBILIZE A FULL RANGE OF RESOURCES THAT STRENGTHEN THE ABILITY OF COMMUNITIES TO WITHSTAND DISASTERS AND RECOVER EQUITABLY WHEN THEY OCCUR. 200,000
    CHIEF SEATTLE CLUB
    2ND AVENUE EXTENSION SOUTH
    SEATTLE,WA98104     		  CHARITY TO PROVIDE A SACRED SPACE TO NURTURE, AFFIRM, AND STRENGTHEN THE SPIRIT OF URBAN NATIVE PEOPLE. 100,000
    CSUB FOUNDATION
    9001 STOCKDALE HWY
    BAKERSFIELD,CA93311     		  CHARITY GENERAL SUPPORT 200,000
    FIRST NATIONS DEVELOPMENT INSTITUTE
    2432 MAIN STREET SECOND FLOOR
    LONGMONT,CO80501     		  CHARITY GENERAL SUPPORT 250,000
    FLOOD MINISTRIES
    1830 TRUXTUN AVENUE STE 210
    BAKERSFIELD,CA93301     		  CHARITY LINKING PEOPLE EXPERIENCING HOMELESSNESS WITH RESOURCES TO TRANSITIONS OFF THE STREETS INTO STABLE HOUSING. 387,425
    FRIENDS OF MERCY FOUNDATION
    551 SHANLEY COURT
    BAKERSFIELD,CA93311     		  CHARITY RAISING AND ADMINISTERING PHILANTHROPIC FUNDS FOR OUR MANY WORTHY PROGRAMS, SERVICES, AND OUTREACH ACTIVITIES IN A MANNER CONSISTENT WITH OUR VALUES AND GOALS 6,250
    GIVE WELL
    1714 FRANKLIN STREET 100335
    OAKLAND,CA94612     		  CHARITY MAXIMUM IMPACT FUND 250,000
    GLOBAL FAMILY CARE NETWORK
    8701 SWIGERT CT
    BAKERSFIELD,CA93311     		  CHARITY FOR INTIATIVES SUPPORT CHILDREN WHO ARE VICTIMS OF POVERTY, EXPLOITATION, AND ABUSE. 3,529
    GLOBAL PROJECTS FOR PEACE
    PO BOX 337 500 N 3RD ST SUITE 105
    FAIRFIELD,IA52556     		  CHARITY TO PROMOTE CONSCIOUSNESS-BASED PROGRAMS IN COUNTRIES AND AROUND THE WORLD. 15,000
    HALT HELPING ANIMALS LIVE TOMORROW
    2579 GLASGOW DRIVE
    CARLSBAD,CA92010     		  CHARITY GENERAL SUPPORT 250
    JASKY SOR
    49 RUE ARCHEREAU
    PARIS,ILE-DE-FRANCE75019
    FR     		  CHARITY SUPPORTING THE MEDITATION OF MONK JASKY SOR 24,000
    KITCHEN TABLE ADVISORS
    548 MARKET ST
    SAN FRANCISCO,CA94104     		  CHARITY GENERAL SUPPORT 100,000
    MOUNT TAMALPAIS COLLEGE
    PO BOX 492
    SAN QUENTIN,CA94964     		  CHARITY COVID19 DONATION 50,000
    NO PAWS LEFT BEHIND
    PO BOX 20970
    BAKERFIELD,CA93390     		  CHARITY TO SAVE ADOPTABLE ANIMALS FROM KERN COUNTY SHELTERS WHO ARE IN DANGER OF BEING EUTHANIZED DUE TO OVERCROWDED FACILITIES. 2,000
    PAKISTAN PTSD RECOVERY
    1000 PURUSHA PLACE SUITE 314
    ROMNEY,WV26757     		  CHARITY TO SUPPORT TEACHING EVIDENCE-BASED TRACENDENTAL MEDITATION TO THOSE IN NEED AND TRAINING TEACHERS OF TRANSCEDENTAL MEDITATION TO EXPAND THE AVALIABILITY OF THE PROGRAM. 2,000
    RAAM RAJ FOUNDATION
    PO BOX 2092
    FAIRFIELD,IA52556     		  CHARITY TO ENLIVEN THE VEDIC TRADITION OF KNOWLEDGE, THE SCIENCE OF CONSCIOUSNESS, TO BRING LIFE IN TUNE WITH NATURAL LAW. 6,000
    RESTORE JUSTICE
    1370 N ST ANDREWS PLACE
    LOS ANGELES,CA90028     		  CHARITY COVID19 DONATION 50,000
    RODALE INSITUTE
    611 SIEGFRIEDAL ROAD
    KUTZTOWN,PA19530     		  CHARITY TO IMPROVE THE HEALTH OF PEOPLE AND THE PLANET 200,000
    SOIL HEATH INSTITUTE
    2803 SLATER ROAD SUITE 115
    MOORRISVILLE,NC27560     		  CHARITY TO ADDRESS THE NEEDS OF FARMERS, RANCHERS, CONSERVATIONISTS, POLICYMAKERS, AND SOCIETY BY ENRICHING SOIL, ENHANCING LIFE. 200,000
    SWEET SPRINGS PRODUCTIONS
    5831 SUMMIT STREET
    SHAWNEE,KS66216     		  CHARITY GENERAL SUPPORT 10,000
    THE GOOD FOOD INSTITUTE
    1380 MOROE STREET NW SUITE 229
    WASHINGTON,DC20010     		  CHARITY TO SUPPORT A FOOD SYSTEM THAT WILL FEED OUR GROWING POPULATION, MITIGATE THE HARMS OF CLIMATE CHANGE, AND ALLOW ANIMALS AND ECOSYSTEMS AROUND THE WORLD TO RECOVER AND THRIVE. 250,000
    TREE FOUNDATION OF KERN
    PO BOX 2871
    BAKERSFIELD,CA93303     		  CHARITY FOR WAYSIDE SCHOOL IRRIGATION INSTALLATION AND 50 TREES PLANTED. 17,150
    YOKOJI-ZEN MOUNTAIN CENTER
    PO BOX 43
    MOUNTAIN CENTER,CA92561     		  CHARITY TO SUPPORT FULLY ACCREDITED ZEN CENTER. TO PROVIDE A PLACE FOR PEOPLE FROM ALL WALKS OF LIFE TO PRACTICE ZEN BUDDHISM. 20,000
    Total .................................bullet 3a 3,084,604
    bApproved for future payment
    Total .................................bullet 3b  
    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 ...........     		  33 14 7,706  
    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 2,640,678  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory 772514 419,078      
    11 Other revenue:
    aPPP I LOAN FORGIVENESS     		722514 46,361      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 465,472 2,802,421 301,021
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,568,914
    (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: 21013475
    Software Version: 2021v4.0


    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
    RAVI AND NAINA PATEL FOUNDATION
     
    Employer identification number

    77-0490360
    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
    RAVI AND NAINA PATEL FOUNDATION
          		Employer identification number
    77-0490360
    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
    RAVI PATEL MD INC DBA CBCC
    6501 TRUXTUN AVENUE
     
    BAKERSFIELD, CA93309

    		$ 2,250,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    BARBARA GRIMM MARSHALL
    7158 BUENA VISTA RD
     
    BAKERSFIELD, CA93311

    		$ 100,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    KAILASH OF USA LP
    2612 F ST
     
    BAKERSFIELD, CA93301

    		$ 10,000


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    RAVI AND NAINA PATEL FOUNDATION
          		Employer identification number

    77-0490360
    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
    RAVI AND NAINA PATEL FOUNDATION
          		Employer identification number

    77-0490360
    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: 21013475
    Software Version: 2021v4.0

    TY 2021 InvestmentsOtherSchedule2
    Name:
    RAVI AND NAINA PATEL FOUNDATION
    EIN:
    77-0490360
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AKIDO LABS AT COST 749,995 749,995
    BREP VII COMMERCIAL REAL ESTATE TRUST AT COST 304,871 286,138
    EDUCATION LOANS AT COST 762,256 762,256
    FRANCISCO PARTNERS III, L.P. AT COST 11,764 34,381
    FRANCISCO PARTNERS III (CAYMAN) AT COST 211,818 270,877
    FRANCISCO PARTNERS III (DOMESTIC) AT COST 36,116 35,207
    ROCKET GLOBAL INNOVATION FUND AT COST 511,825 654,479
    WW CAPE HOUSE INVESTORS LLC AT COST 33,865 33,865
    WW MULTISTATE TRADEWINDS LLC AT COST 14,672 14,672
    WWW OLYMPUS OPPORTUNITY FUND II AT COST 60,013 60,013
    WW OLYMPUS PROPERTY IV LLC AT COST 31,546 31,546
    WW OLYMPUS PROPERTY V LLC AT COST 1,324 1,324
    WW OLYMPUS PROPERTY VI LLC AT COST 22,162 22,162
    WCW MULISTATE WALDEN LLC AT COST 24,743 24,743
    WW CACTUS 88 HOLDINGS LLC AT COST 15,394 15,394
    TOKAMAK INVESTORS LLC AT COST 506,965 506,965
    WW ROSS AVENUE LP AT COST 8,567 8,567
    WW ELEVATION PROPERTY LP AT COST 18,640 18,640
    WW OLYMPUS MIDTWON AT COST 824 824
    WW UNION CARROLTTON LLC AT COST 690 690
    WW WOODBRIDGE LP AT COST 590 590
    98,071 AT COST 7,733 7,733
    OLYMPUS OTHER AT COST 98,073 98,071
    JP MORGAN #2255 AT COST 515,595 1,204,603
    MERRILL LYNCH #4124 AT COST 1,345,907 3,488,007
    SCHWAB #8998 AT COST 22,402,544 24,416,453
    UBS #2653 AT COST 311,862 1,953,810
    SCHWAB #6101 AT COST 23,456 18,622

    TY 2021 LegalFeesSchedule
    Name:
    RAVI AND NAINA PATEL FOUNDATION
    EIN:
    77-0490360
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL AND ACCOUNTING 13,313 0 0 0


    TY 2021 OtherAssetsSchedule
    Name:
    RAVI AND NAINA PATEL FOUNDATION
    EIN:
    77-0490360
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSIT   5,701 5,701


    TY 2021 OtherExpensesSchedule
    Name:
    RAVI AND NAINA PATEL FOUNDATION
    EIN:
    77-0490360
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    60% CHARITABL CONTRIBUTIONS FROM PASSTHR 96      
    COMMUNITY AWARENESS/DINNER FOR HOMELESS 8,397     8,397
    INVESTMENT FEES 36,844 36,844    
    MISCELLANEOUS EXPENSE 137,750     137,750
    NET RENTAL REAL ESTATE LOSS FROM PASSTHR 263,414 25,261    
    NONDEDUCTIBLE EXPENSE FROM PASSTHROUGHS 566 566    
    OTHER EXPENSES - UBIT 234,745      
    OTHER EXPENSES FROM PASSTHROUGHS 21,705 21,705    
    OUTSIDE SERVICES 37,504     37,505
    SUPPLIES 216     216
    TRAVEL 2,165     2,165


    TY 2021 OtherIncomeSchedule2
    Name:
    RAVI AND NAINA PATEL FOUNDATION
    EIN:
    77-0490360
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income 301,050 300,933  
    PPP I LOAN FORGIVENESS 46,361    


    TY 2021 OtherLiabilitiesSchedule
    Name:
    RAVI AND NAINA PATEL FOUNDATION
    EIN:
    77-0490360
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Description Beginning of Year - Book Value End of Year - Book Value
    PPP LOAN 46,361  
    DUE TO CBCC FOUNDATION 2,001  
    CR BALANCE IN WW MULTISTATE PROPERTIES I 140,054 148,357
    CR BALANCE IN WW PRESERVE INVESTORS LLC 24,670 23,789
    CR BALANCE IN WW ROSEMEADE INVESTORS LLC 12,931 17,793
    CR BALANCE IN WW RENAISSANCE INVESTORS   489
    CR BALANCE IN WW WESTOVER INVESTORS LLC   426
    CR BALANCE IN WW OLYMPUS MT JULIET LLC   91,602
    OTHER CURRENT LIABILITIES   127


    TY 2021 SalesOfInventoryList 
    Name:
    RAVI AND NAINA PATEL FOUNDATION
    EIN:
    77-0490360
    Software ID:
    21013475
    Software Version:
    2021v4.0

    Category Gross Sales Cost of Goods Sold Net (Gross Sales Minus
    Cost of Goods Sold)
    Gross Receipts 686,858 267,780 419,078

    TY 2021 TaxesSchedule
    Name:
    RAVI AND NAINA PATEL FOUNDATION
    EIN:
    77-0490360
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 200,000      
    FOREIGN TAXES 9      
    STATE TAXES 225