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
SIMPSON PSB FUND
 
Number and street (or P.O. box number if mail is not delivered to street address)21 ORINDA WAY SUITE C 358
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ORINDA, CA94563
A Employer identification number

68-0168017
B Telephone number (see instructions)

(925) 254-6358
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$131,502,912J 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) 10,020,204
2 Check bullet.............
3 Interest on savings and temporary cash investments 12,522 12,522  
4 Dividends and interest from securities... 2,021,864 2,021,864  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 10,503,818
b Gross sales price for all assets on line 6a 24,297,683
7 Capital gain net income (from Part IV, line 2)... 10,503,818
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........ 22,558,408 12,538,204  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 3,795 0   3,795
b Accounting fees (attach schedule)....... Click to see attachment 51,600 0   51,600
c Other professional fees (attach schedule).... Click to see attachment 982,254 982,254   0
17 Interest............... 216 216   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 38,974 38,974   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 36,144 36,103   41
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,112,983 1,057,547   55,436
25 Contributions, gifts, grants paid....... 3,000,500 3,000,500
26 Total expenses and disbursements. Add lines 24 and 25 4,113,483 1,057,547   3,055,936
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 18,444,925
b Net investment income (if negative, enter -0-) 11,480,657
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............. 658,497 1,229,906 1,229,906
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 89,766,520 Click to see attachment100,321,969 130,273,006
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 90,425,017 101,551,875 131,502,912
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 42,044,057 42,044,057
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 48,380,960 59,507,818
29 Total net assets or fund balances (see instructions)..... 90,425,017 101,551,875
30 Total liabilities and net assets/fund balances (see instructions). 90,425,017 101,551,875
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
90,425,017
2
Enter amount from Part I, line 27a .....................
2
18,444,925
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
108,869,942
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
7,318,067
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
101,551,875
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   2021-01-01 2021-12-31
b FROM PARTNERSHIPS P 2021-01-01 2021-12-31
c CAPITAL GAIN DIVIDENDS   2021-01-01 2021-12-31
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 24,181,437   13,793,865 10,387,572
b 83,175     83,175
c 33,071     33,071
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       10,387,572
b       83,175
c       33,071
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 10,503,818
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........................... 3 159,581
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- ..... 5 159,581
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 198,491
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 198,491
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 38,910
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet38,910 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (925) 254-6358

    Located atbullet21 ORINDA WAY SUITE C 358ORINDACA ZIP+4bullet94563
    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)
    Yes
     
    (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
     
    No
    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
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    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
    SHARON SIMPSON PRESIDENT
    3.00     		0 0 0
    21 ORINDA WAY SUITE C 358
    ORINDA,CA94563
    K LIP SECRETARY
    0.50     		0 0 0
    21 ORINDA WAY SUITE C 358
    ORINDA,CA94563
    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
    BAKER AVENUE ASSET MANAGEMENT INVESTMENT MANAGEMENT 982,254
    301 BATTERY STREET FLOOR 2
    SAN FRANCISCO,CA94111
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    119,750,955
    b
    Average of monthly cash balances.......................
    1b
    672,889
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    120,423,844
    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
    120,423,844
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,806,358
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    118,617,486
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    5,930,874
    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
    5,930,874
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    159,581
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    159,581
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,771,293
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    5,771,293
    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
    5,771,293
    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 5,771,293
    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...... 1,041,709
    c From 2018...... 1,139,402
    d From 2019...... 1,645,662
    e From 2020...... 2,593,530
    f Total of lines 3a through e ........ 6,420,303
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 3,055,936
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 3,055,936
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 2,715,357 2,715,357
    (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 3,704,946
    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 ......     		3,704,946
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019.... 1,111,416
    d Excess from 2020.... 2,593,530
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    SHARON SIMPSON
    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:
    GRANT ADMINISTRATION
    21 ORINDA WAY SUITE C 358
    ORINDA,CA94563
    (925) 254-6358
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN SUBMISSION DETAILING THE CHARITABLE PURPOSE OF THE GRANT REQUEST, AND HOW IT RELATES TO THE LOCAL COMMUNITY, THE ARTS OR EDUCATION.
    cAny submission deadlines:
    NONE.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    AWARDS ARE GENERALLY GRANTED TO ORGANIZATIONS AND INITIATIVES THAT FURTHER AND IMPROVE THE LOCAL COMMUNITY, THE ARTS OR EDUCATIONAL RESOURCES.
    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
    ASSOCIATION OF CALIFORNIA SYMPHONY ORCHESTRAS
    PO BOX 71439
    LOS ANGELES,CA90071     		  PC TO SUPPORT ACSO'S 2021 ANNUAL CONFERENCE ONLINE FOR ORCHESTRA COMMUNITY MEMBERS THE OPPORTUNITY TO LISTEN, LEARN, NETWORK AND SUPPORT EACH OTHER AFTER IN-PERSON CONFERENCES WERE CANCELED DUE TO COVID. 5,000
    AUDUBON CANYON RANCH
    4900 SHORELINE HIGHWAY 1
    STINSON BEACH,CA94970     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT FOR ENVIRONMENTAL CONSERVATION AND EDUCATION TO TEACHERS AND STUDENTS, AND TO CONDUCT CONSERVATION SCIENCE OVER A SYSTEM OF NATURE PRESERVES IN MARIN, SONOMA AND LAKE COUNTIES. 25,000
    BIG WAVE PROJECT
    PO BOX 1901
    EL GRANADA,CA94018     		  PC TO SUPPORT BIG WAVE'S CAPITAL CAMPAIGN TO BUILD ITS LIVE-WORK-THRIVE COMMUNITY FOR ADULTS WITH SPECIAL NEEDS. 55,000
    CALIFORNIA COLLEGE OF THE ARTS
    1111 EIGHTH STREET
    SAN FRANCISCO,CA94107     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT FOR RAISING SCHOLARSHIP FUNDS FOR TALENTED STUDENTS TO OBTAIN AN EDUCATION AT CALIFORNIA COLLEGE OF THE ARTS. 5,000
    CALIFORNIA SHAKESPEARE THEATER
    701 HEINZ AVENUE
    BERKELEY,CA94710     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT FOR CAL SHAKES TO DELIVER THEATER PERFORMANCES, YOUTH EDUCATION PROGRAMS AND ARTISTIC ENGAGEMENT ACTIVITIES FOR ITS AUDIENCES AND THE LOCAL COMMUNITY. 77,500
    CALIFORNIA SYMPHONY
    100 PRINGLE AVENUE SUITE 540
    WALNUT CREEK,CA94596     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT FOR CALIFORNIA SYMPHONY'S MUSIC EDUCATION PROGRAMS OFFERED TO MUSICIANS, AT-RISK BAY AREA STUDENTS, CLASSICALLY-CURIOUS ADULTS AND RISING COMPOSERS. 115,000
    COMPASSION & CHOICES
    101 SW MADISON STREET 8009
    PORTLAND,OR97207     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT FOR EXPANDING CHOICE AND IMPROVING CARE TO TERMINALLY ILL INDIVIDUALS. 12,500
    DIABLO REGIONAL ARTS ASSOCIATION
    1601 CIVIC DRIVE
    WALNUT CREEK,CA94596     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT TO PROVIDE EXCEPTIONAL ARTS PROGRAMMING THROUGH LIVE THEATRE, VISUAL ARTS AND YOUTH EDUCATION, AND VARIOUS AVENUES OF ACCESSIILITY FOR ALL TO ENJOY THE ARTS. 25,000
    FAMILIES WITHOUT BORDERS
    1555 BOTELHO DRIVE 175
    WALNUT CREEK,CA94596     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT TO PROVIDE SCHOLARSHIPS, GENERATORS, ADULT LITERACY PROGRAMS FOR VILLAGES, HOUSING AND FOOD FOR STUDENTS IN WEST AFRICA. 2,500
    FUTURES WITHOUT VIOLENCE
    100 MONTGOMERY STREET THE PRESIDIO
    SAN FRANCISCO,CA94129     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT TO HEAL THOSE TRAUMATIZED BY VIOLENCE BY PROVIDING PROGRAMS, POLICIES AND CAMPAIGNS TO EMPOWER INDIVIDUALS AND ORGANIZATIONS WORKING TO END VIOLENCE AGAINST WOMEN AND CHILDREN AROUND THE WORLD. 10,000
    GIRLS INC OF ALAMEDA COUNTY
    510 16TH STREET
    OAKLAND,CA94612     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT AND SCHOLARSHIPS TO HELP GIRLS FROM UNDERSERVED BAY AREA COMMUNITIES RISE TO BE STRONG, SMART AND BOLD. 685,000
    GIRLSMART LITERACY PROGRAM
    21 ORINDA WAY SUITE C 358
    ORINDA,CA94563     		  PF TO PROVIDE FUNDS FOR CHARITABLE GRANTS TO ORGANIZATIONS AND PROGRAMS THAT PROVIDE LITERACY-BASED, AFTER-SCHOOL PROGRAMS FOR GIRLS IN ECONOMICALLY DISTRESSED AND UNDER-RESOURCED COMMUNITIES. 600,000
    JOHN MUIR HEALTH FOUNDATION
    1400 TREAT BLVD
    WALNUT CREEK,CA94597     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT FOR JOHN MUIR HEALTH'S MEDICAL INTENSIVE CARE UNIT. 10,000
    KALA ART INSTITUTE
    1060 HEINZ AVENUE
    BERKELEY,CA94710     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT THAT FURTHERS THE MISSION OF KALA ART INSTITUTE TO OFFER ART FACILITIES AND EDUCATION TO ARTISTS, THE GENERAL PUBLIC, AND PUBLIC SCHOOL CHILDREN. 20,000
    KENNEDY-KING MEMORIAL COLLEGE SCHOLARSHIP FUND
    PO BOX 2643
    MARTINEZ,CA94553     		  PC TO PROVIDE FUNDS FOR STUDENT FINANCIAL AID AND SCHOLARSHIPS TO UNDERREPRESENTED MINORITY STUDENTS ATTENDING OR COMING FROM ONE OF THE THREE CONTRA COSTA COUNTY COMMUNITY COLLEGES. 10,000
    LAFAYETTE LIBRARY AND LEARNING CENTER FOUNDATION
    3491 MT DIABLO BLVD
    LAFAYETTE,CA94549     		  PC TO SUPPORT THE LAFAYETTE LIBRARY AND LEARNING CENTER FOUNDATION PROJECTS THAT INCLUDES WRITING WORKSHOPS FOR UNDERSERVED YOUTH, AN ANNUAL WRITING AWARD FOR A MID-CAREER AUTHOR, AND EVENTS TO SUPPORT ASPIRING WRITERS AND AUTHORS IN RESIDENCE. 6,000
    LAS TRAMPAS
    757 ARNOLD DRIVE SUITE C
    MARTINEZ,CA94553     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT, TO HELP CLOSE THE GAP CAUSED BY COVID BY BEING ABLE TO OFFER CLASSES ONLINE, PERSONAL PROTECTIVE EQUIPMENT, AND FUNDING TO PROVIDE PARTICIPANTS WITH ESSENTIAL SERVICES. 15,000
    MUSEUM OF CRAFT AND DESIGN
    2569 THIRD STREET
    SAN FRANCISCO,CA94107     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT TO THE ORGANIZATION'S OPERATING FUND THAT PROVIDES EXHIBITIONS, PROGRAMS AND PARTNERSHIP TO UNDERSERVED NEIGHBORHOODS. 25,000
    NATIONAL MS SOCIETY
    PO BOX 590779
    SAN FRANCISCO,CA94159     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT TO HELP PEOPLE AFFECTED BY MULTIPLE SCLEROSIS AND TO FUND RESEARCH INITIATIVES FOR TREATMENT. 5,000
    NORTHERN LIGHT SCHOOL
    3710 DORISA AVENUE
    OAKLAND,CA94605     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT TO CLOSE THE TUITION GAP, SUPPORT THE SCHOOL'S OPERATING BUDGET, CURRICULA AND TECHNOLOGY FOR STUDENTS; AND TO PROVIDE COMPETITIVE SALARIES AND ONGOING PROFESSIONAL DEVELOPMENT OF THE SCHOOL'S TEACHERS. 10,000
    NORTHWEST MARITIME CENTER
    431 WATER STREET
    PORT TOWNSEND,WA98368     		  PC TO SUPPORT THE ORGANIZATION'S REAL WORLD READINESS PROGRAM THAT RECONNECTS VULNERABLE YOUTH WITH THE COMMUNITY THROUGH VOCATIONAL TRAINING. 60,000
    OAKLAND LEAF FOUNDATION
    520 3RD STREET
    OAKLAND,CA94607     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT FOR STUDENTS NEEDING SOCIAL AND EMOTIONAL RESOURCES AFTER MORE THAN A YEAR OF REMOTE LEARNING. 110,000
    OAKLAND MUSEUM OF CALIFORNIA
    1000 OAK STREET
    OAKLAND,CA94607     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT TO FURTHER THE MISSION OF THE ORGANIZATION. 500,000
    PAUL DRESHER ENSEMBLE
    55 TAYLOR STREET
    SAN FRANCISCO,CA94102     		  PC TO BENEFIT THE ORGANIZATION'S MUSICAL TRADITIONS PROGRAMS, CONCERTS AND THEATER WORK, AND THE DRESHER ENSEMBLE ARTIST RESIDENCY PROGRAM. 2,500
    RUTH BANCROFT GARDEN
    1552 BANCROFT ROAD
    WALNUT CREEK,CA94598     		  PC TO PROVIDE OPERATING SUPPORT, INCLUDING GARDEN MAINTENANCE AND RENOVATIONS, PROGRAMS TO EXPAND THE GARDEN'S CHILDREN'S EDUCATIONAL SUMMER CAMPS, AND SEED FUNDING FOR RENOVATING RUTH'S FOLLY. 75,000
    TEACH FOR AMERICA BAY AREA
    PO BOX 398296
    SAN FRANCISCO,CA94139     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT TO FIND, DEVELOP, AND SUPPORT A NETWORK OF LEADERS WHO CONFRONT EDUCATIONAL INEQUITY THROUGH TEACHING. 5,000
    THE CRUCIBLE
    1260 7TH STREET
    OAKLAND,CA94607     		  PC TO SUPPORT THE CRUCIBLE'S YOUTH INDUSTRIAL ARTS PROGRAMS THAT PROVIDES A SAFE PLACE FOR BAY AREA YOUTH TO RECEIVE HANDS-ON INSTRUCTION AND INSPIRATION IN THE FINE AND INDUSTRIAL ARTS. 26,000
    THE EDIBLE SCHOOLYARD PROJECT
    1517 SHATTUCK AVENUE
    BERKELEY,CA94709     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT TO STRENGTHEN THE FIELD OF EDIBLE EDUCATION THROUGH TRAINING AND CURRICULAR RESOURCES TO SCHOOLS, COMMUNITY CENTERS, MUSEUMS, AND FARMS. 2,000
    THE GARDENS AT HEATHER FARMS
    1540 MARCHBANKS DRIVE
    WALNUT CREEK,CA94598     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT OF THE ORGANIZATIONS PUBLIC GARDEN. 7,500
    UC THEATRE BERKELEY MUSIC GROUP
    2036 UNIVERSITY AVENUE
    BERKELEY,CA94704     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT THROUGH THE UC THEATRE ANNUAL FUND. 100,000
    WALNUT CREEK LIBRARY FOUNDATION
    1644 NORTH BROADWAY
    WALNUT CREEK,CA94596     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT FOR ADDITIONAL PROGRAMMING, COLLECTIONS AND OTHER SERVICES AT WALNUT CREEK LIBRARIES. 30,000
    YERBA BUENA CENTER FOR THE ARTS
    701 MISSION STREET
    SAN FRANCISCO,CA94103     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT TO CHAMPION ARTISTS WORKING IN SERVICE TO THEIR COMMUNITIES HEALTH AND WELL-BEING. 2,500
    CANCER SUPPORT COMMUNITY SAN FRANCISCO
    3276 MCNUTT AVENUE
    WALNUT CREEK,CA94597     		  PC TO SUPPORT CAPITAL CAMPAIGN INITIATIVE FOR NEW CENTER TO SUPPORT CANCER PATIENTS, FAMILY MEMBERS AND CAREGIVERS, IN ADDITION TO EXPANDED PROGRAMS AND SERVICES. DEDICATED IN MEMORY OF SHANNON MCGOWAN. 10,000
    CASA CONTRA COSTA COUNTY
    2151 SALVIO STREET STE 295
    CONCORD,CA94520     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT TO PROVIDE FOSTER CHILDREN WITH TRAINED COURT APPROVED SPECIAL ADVOCATES (CASA) VOLUNTEERS, MADE IN HONOR OF ANGELA DE LA HOUSAYE AND DAN ASHLEY. 5,000
    LIFE LEARNING ACADEMY
    651 8TH STREET TREASURE ISLAND
    SAN FRANCISCO,CA94130     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT TO PROVIDE THE LIFE-CHANGING OPPORTUNITIES FOR STUDENTS OF LIFE LEARNING ACADEMY. 250,000
    NEW LITERARY PROJECT
    4100 REDWOOD ROAD STE 20A/424
    OAKLAND,CA94619     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT THAT INVESTS IN STUDENTS, TEACHERS, READERS, AUTHORS AND WRITERS BY OFFERING FREE WORKSHOPS FOR UNDERSERVED YOUNGER WRITERS; A NATIONAL AWARD TO A MID-CAREER AUTHOR; AND OTHER EVENTS TO CELEBRATE STORYTELLING AND CREATIVE WRITING. 50,000
    PLAYGROUND
    3286 ADELINE STREET 8
    BERKELEY,CA94703     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT TO THE BAY AREA'S LEADING PLAYWRIGHT INCUBATOR OF SIGNIFICANT NEW LOCAL VOICES, ESPECIALLY WOMEN ARTISTS, FOR THE THEATRE. 6,000
    ROCK THE CASA
    1655 N MAIN STREET
    WALNUT CREEK,CA94596     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT THAT BENEFITS BAY AREA CHILDREN WHO NEED THE SERVICES OF COURT APPOINTED SPECIAL ADVOCATES, BIG BROTHER BIG SISTERS, BOYS AND GIRLS CLUB, AND THE FRIEND OF CAMP CONCORD. 20,000
    SF MUSEUM OF MODERN ART
    151 3RD STREET
    SAN FRANCISCO,CA94103     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT FOR ART EXHIBITIONS, EVENTS, AND EDUCATION PROGRAMS AT THE MUSEUM. 3,000
    SHAKESPEARE FOR KIDS
    PO BOX 781
    LAFAYETTE,CA94549     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT FOR PROGRAMS AND CAMPS TO INTRODUCE CHILDREN TO SHAKESPEARE LITERATURE AND PERFORMANCES. 2,500
    SONOMA VALLEY MUSEUM OF ART
    551 BROADWAY
    SONOMA,CA95476     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT FOR PROVIDING ARTS EDUCATION, PUBLIC PROGRAMS, AND EXHIBITIONS. THE ORGANIZATION'S MISSION IS TO BUILD COMMUNITY AROUND ART, TO CONFRONT INEQUITY, AND TO PRIORITIZE THE PRINCIPLES OF DIVERSITY, EQUITY, ACCESSIBILITY AND INCLUSION. 10,000
    THE SIERRA CHAMBER SOCIETY
    PO BOX 4485
    WALNUT CREEK,CA94596     		  PC TO PROVIDE FUNDS FOR UNRESTRICTED GENERAL SUPPORT FOR MEMBERS OF THE SAN FRANCISCO SYMPHONY AND DISTINGUISHED GUESTS PERFORM CONCERTS OF A FULL RANGE OF CHAMBER ENSEMBLES FOR THE LOCAL COMMUNITY. 5,000
    Total .................................bullet 3a 3,000,500
    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 ...........     		    14 12,522  
    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 10,503,818  
    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 12,538,204 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    12,538,204
    (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
    SIMPSON PSB FUND
     
    Employer identification number

    68-0168017
    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
    SIMPSON PSB FUND
          		Employer identification number
    68-0168017
    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
    SHARON SIMPSON
    21 ORINDA WAY SUITE C 358
     
    ORINDA, CA94563

    		$ 5,037,998


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    SHARON SIMPSON
    21 ORINDA WAY SUITE C 358
     
    ORINDA, CA94563

    		$ 4,982,206


    (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
    SIMPSON PSB FUND
          		Employer identification number

    68-0168017
    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
    		 46,900 SHARES - SIMPSON MANUFACTURING STOCK $ 5,037,998 2021-04-15
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 41,748 SHARES - SIMPSON MANUFACTURING STOCK $ 4,982,206 2021-11-16
    (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
    SIMPSON PSB FUND
          		Employer identification number

    68-0168017
    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:
    SIMPSON PSB FUND
    EIN:
    68-0168017
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING AND TAX PREPARATION FEES 51,600 0   51,600

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

    TY 2021 ExpenditureResponsibilityStmt
    Name:
    SIMPSON PSB FUND
    EIN:
    68-0168017
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    GIRLSMART LITERACY PROGRAM
          		21 ORINDA WAY SUITE C 358
    ORINDA,CA94563     		2021-02-11 600,000 TO SUPPORT ELIGIBLE 501(C)(3) ORGANIZATIONS THAT PROVIDE LITERACY-BASED, AFTER-SCHOOL PROGRAMS FOR GIRLS IN ECONOMICALLY DISTRESSED AND UNDER-RESOURCED COMMUNITIES. 600,000 NO QUARTERLY 2022-01-31 TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED ON INFORMATION MADE AVAILABLE BY THE GRANTEE, NO PART OF THE GRANT HAS BEEN USED FOR ANYTHING OTHER THAN ITS INTENDED PURPOSE.

    TY 2021 InvestmentsOtherSchedule2
    Name:
    SIMPSON PSB FUND
    EIN:
    68-0168017
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PUBLIC EQUITIES & EXCH TRADED FUNDS AT COST 93,800,124 121,083,066
    HOUSATONIC EQUITY INVESTORS IIA, LP AT COST 0 1,457
    RIVI OPPORTUNITY FUND, LP AT COST 367,566 650,869
    BERKELEY SKYDECK FUND I, LP AT COST 494,779 1,085,290
    PENINSULA VENTURES IV, LP AT COST 850,000 1,380,304
    SURF AIR INC. AT COST 2,490,000 3,416,806
    BLACKSTONE REIT CLASS I AT COST 1,000,000 1,287,977
    OAKTREE OPPORTUNITIES XI FD LP AT COST 319,500 368,525
    ARAVT GLOBAL LTD AT COST 1,000,000 998,712

    TY 2021 LegalFeesSchedule
    Name:
    SIMPSON PSB FUND
    EIN:
    68-0168017
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 3,795 0   3,795


    TY 2021 OtherDecreasesSchedule
    Name:
    SIMPSON PSB FUND
    EIN:
    68-0168017
    Description Amount
    BOOK/TAX ADJUSTMENTS 7,318,067


    TY 2021 OtherExpensesSchedule
    Name:
    SIMPSON PSB FUND
    EIN:
    68-0168017
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FROM PARTNERSHIPS 27,722 27,722   0
    INVESTMENT TRANSACTION COSTS 8,381 8,381   0
    STATE FILING FEES 41 0   41


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    SIMPSON PSB FUND
    EIN:
    68-0168017
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 982,254 982,254   0


    TY 2021 TaxesSchedule
    Name:
    SIMPSON PSB FUND
    EIN:
    68-0168017
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX PAID 38,974 38,974   0