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
TARSADIA FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)520 NEWPORT CENTER DRIVE 21ST FLO
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEWPORT BEACH, CA92660
A Employer identification number

33-0879062
B Telephone number (see instructions)

(949) 610-8038
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$313,453,446J 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) 48,592,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 114,812 114,812  
4 Dividends and interest from securities... 1,166,994 3,195,558  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -705,509
b Gross sales price for all assets on line 6a 33,725,170
7 Capital gain net income (from Part IV, line 2)... 6,786,343
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 2,931,242 29,797,408  
12 Total. Add lines 1 through 11........ 52,099,539 39,894,121  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 587,792 0   587,792
14 Other employee salaries and wages...... 242,481 0   200,376
15 Pension plans, employee benefits....... 192,270 0   192,270
16a Legal fees (attach schedule)......... Click to see attachment 12,643 0   11,453
b Accounting fees (attach schedule)....... Click to see attachment 35,217 0   35,217
c Other professional fees (attach schedule).... Click to see attachment 325,831 211,492   14,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 690,961 15,084   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 149,446 59,798   149,446
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,236,641 286,374   1,190,554
25 Contributions, gifts, grants paid....... 22,313,367 13,313,367
26 Total expenses and disbursements. Add lines 24 and 25 24,550,008 286,374   14,503,921
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 27,549,531
b Net investment income (if negative, enter -0-) 39,607,747
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............. 65,398 183,027 183,027
2 Savings and temporary cash investments......... 22,792,969 58,430,855 58,430,855
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) bullet100,000
Less: allowance for doubtful accounts bullet0 100,000 100,000 100,000
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)....... 69,702,993 Click to see attachment89,462,301 89,462,301
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).......... 120,031,771 Click to see attachment165,249,859 165,249,859
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment446,689 Click to see attachment27,404 Click to see attachment27,404
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 213,139,820 313,453,446 313,453,446
Liabilities 17 Accounts payable and accrued expenses..........   43,295
18 Grants payable.................   9,000,000
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 attachment0 Click to see attachment174,540
23 Total liabilities (add lines 17 through 22)......... 0 9,217,835
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........... 213,139,820 304,235,611
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 213,139,820 304,235,611
30 Total liabilities and net assets/fund balances (see instructions). 213,139,820 313,453,446
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
213,139,820
2
Enter amount from Part I, line 27a .....................
2
27,549,531
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
63,624,459
4
Add lines 1, 2, and 3 ..........................
4
304,313,810
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
78,199
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
304,235,611
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 GOLDMAN SACHS 41745 P 2021-01-01 2021-12-31
b GOLDMAN SACHS 41745 P 2021-01-01 2021-12-31
c GOLDMAN SACHS 41755 P 2021-01-01 2021-12-31
d GOLDMAN SACHS 41755 P 2021-01-01 2021-12-31
e GOLDMAN SACHS 52821 P 2021-01-01 2021-12-31
GOLDMAN SACHS 52821 P 2021-01-01 2021-12-31
GENERAL ELECTRIC CASH IN LIEU P 2021-01-01 2021-12-31
TD AMERITRADE P 2021-01-01 2021-12-31
TD AMERITRADE P 2021-01-01 2021-12-31
TD AMERITRADE P 2021-01-01 2021-12-31
JP MORGAN P 2021-01-01 2021-12-31
CITY NATIONAL BANK P 2021-01-01 2021-12-31
CITY NATIONAL BANK P 2021-01-01 2021-12-31
JP MORGAN P 2021-01-01 2021-12-31
OTHER P 2021-01-01 2021-12-31
BLACKSTONE ENERGY PARTNERS (PUB) NQ LP SHORT-TERM CAPITAL LOSS P 2021-01-01 2021-12-31
BLACKSTONE ENERGY PARTNERS (PUB) NQ LP LONG-TERM CAPITAL GAIN P 2021-01-01 2021-12-31
BLACKSTONE ENERGY PARTNERS Q (PUB) LP LONG-TERM CAPITAL GAIN P 2021-01-01 2021-12-31
BLACKSTONE ENERGY PARTNERS (CAYMAN) Q LP P 2021-01-01 2021-12-31
TEN COVES II TM HOLDINGS LLC LT CAPITAL GAIN P 2021-01-01 2021-12-31
TCLDS HOLDINGS LP ST CAPITAL GAINS P 2021-01-01 2021-12-31
TRAIL MIX VENTURES FUND LP LT CAPITAL LOSS P 2021-01-01 2021-12-31
BLACKSTONE CAPITAL PARTNERS VII (IPO) NQ LP LONG-TERM CAPITAL GAIN P 2021-01-01 2021-12-31
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 253,000   252,597 403
b 50,000   50,000 0
c 381,950   252,832 129,118
d 218,050   201,839 16,211
e 42,719   23,710 19,009
170,903   121,737 49,166
39     39
22,259,343   22,902,672 -643,329
347   263 84
934,874   403,750 531,124
1,006,782   837,104 169,678
265,706   257,854 7,852
343,668   322,735 20,933
1,301,947   1,287,888 14,059
      0
    11,019 -11,019
109,996     109,996
27,611     27,611
12,274     12,274
1,982,907     1,982,907
3,976,929     3,976,929
    12,827 -12,827
195,614     195,614
190,511     190,511
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       403
b       0
c       129,118
d       16,211
e       19,009
      49,166
      39
      -643,329
      84
      531,124
      169,678
      7,852
      20,933
      14,059
      0
      -11,019
      109,996
      27,611
      12,274
      1,982,907
      3,976,929
      -12,827
      195,614
      190,511
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 6,786,343
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........................... 3 550,548
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- ..... 5 550,548
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 285,450
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 330,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 615,450
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 4,570
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 60,332
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet60,332 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
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. Click to see attachment...............................
    10
    Yes
     
    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 addressbulletWWW.TARSADIAFOUNDATION.ORG
    14
    The books are in care ofbulletSHIRISH DAYAL Telephone no.bullet (949) 610-8038

    Located atbullet520 NEWPORT CENTER DR 21ST FLOORNEWPORT BEACHCA ZIP+4bullet92660
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    BU PATEL DIRECTOR
    12.00     		0 0 0
    520 NEWPORT CENTER DR 21ST FLOOR
    NEWPORT BEACH,CA92660
    TUSHAR PATEL DIRECTOR
    2.00     		0 0 0
    520 NEWPORT CENTER DR 21ST FLOOR
    NEWPORT BEACH,CA92660
    SHIRISH DAYAL TREASURER, SECRETARY & EXECUTIVE VP
    32.00     		195,100 0 0
    520 NEWPORT CENTER DR 21ST FLOOR
    NEWPORT BEACH,CA92660
    MAYA PATEL EXECUTIVE CHAIR & CEO
    30.00     		50,000 0 0
    520 NEWPORT CENTER DR 21ST FLOOR
    NEWPORT BEACH,CA92660
    MAYUR PATEL DIRECTOR
    2.00     		0 0 0
    520 NEWPORT CENTER DR 21ST FLOOR
    NEWPORT BEACH,CA92660
    PRIYA BERY DIRECTOR
    32.00     		342,692 0 0
    520 NEWPORT CENTER DR 21ST FLOOR
    NEWPORT BEACH,CA92660
    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
    KATELYN M FAITH VP, IMPACT & MARKETI
    40.00     		169,308 0 0
    520 NEWPORT CENTER DR 21ST FLOOR
    NEWPORT BEACH,CA92660
    SHIVANI TARSADIA IMPACT & MARKETING A
    40.00     		65,000 0 0
    520 NEWPORT CENTER DR 21ST FLOOR
    NEWPORT BEACH,CA92660
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    55,489,510
    b
    Average of monthly cash balances.......................
    1b
    24,023,889
    c
    Fair market value of all other assets (see instructions)................
    1c
    181,217,862
    d
    Total (add lines 1a, b, and c).........................
    1d
    260,731,261
    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
    260,731,261
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    3,910,969
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    256,820,292
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    12,841,015
    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
    12,841,015
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    550,548
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    550,548
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    12,290,467
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    12,290,467
    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
    12,290,467
    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 12,290,467
    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...... 1,587,539
    b From 2017...... 434,908
    c From 2018...... 2,345,036
    d From 2019...... 1,129,384
    e From 2020...... 1,582,478
    f Total of lines 3a through e ........ 7,079,345
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 14,503,921
    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..... 12,290,467
    e Remaining amount distributed out of corpus 2,213,454
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 9,292,799
    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) ...     		1,587,539
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		7,705,260
    10 Analysis of line 9:
    a Excess from 2017.... 434,908
    b Excess from 2018.... 2,345,036
    c Excess from 2019.... 1,129,384
    d Excess from 2020.... 1,582,478
    e Excess from 2021.... 2,213,454
    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).)
    BU PATEL
    TUSHAR PATEL
    MAYA PATEL
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ALAPIO - ASSOCIATION OF LOS ANGELES PHYSICIANS OF INDIAN ORIGIN
    3148 FOND DR
    ENCINO,CA91436     		  PUBLIC PROGRAM SUPPORT 10,000
    ALMA BACKYARD FARM
    453 NORTH ALMA AVENUE
    LOS ANGELES,CA90063     		  PUBLIC PROGRAM SUPPORT 150,000
    ALZHEIMER'S ASSOCIATION
    1060 LA AVENIDA ST
    MOUNTAINVIEW,CA94043     		  PUBLIC PROGRAM SUPPORT 10,000
    AMERICAN INDIA FOUNDATION
    530 LYTTON AVENUE 2ND FLOOR
    PALO ALTO,CA94301     		  PUBLIC PROGRAM SUPPORT 25,000
    ANEKANT COMMUNITY CENTER
    PO BOX 167
    BUENA PARK,CA90621     		  PUBLIC PROGRAM SUPPORT 25,000
    ANOOPAM MISSION MEMORIAL
    2120 CLEARVIEW RD
    COPLAY,PA18037     		  PUBLIC PROGRAM SUPPORT -100,000
    BABSON COLLEGE
    ADVANCEMENT SERVICES PO BOX 57310
    BABSON PARK,MA024570310     		  PUBLIC PROGRAM SUPPORT 43,333
    BABY2BABY
    5830 W JEFFERSON BLVD
    LOS ANGELES,CA90016     		  PUBLIC PROGRAM SUPPORT 150,000
    BAPS CHARITIES
    C/O ALPESH PATEL 6 RIBERIO COURT
    NOLBROOKN,NY11741     		  PUBLIC PROGRAM SUPPORT 10,000
    BIG BROTHERS BIG SISTERS OF OC
    1801 E EDINGER SUITE 101
    SANTA ANA,CA92705     		  PUBLIC PROGRAM SUPPORT 175,000
    BOYS & GIRLS CLUB OC
    17701 COWAN SUITE 110
    IRVINE,CA92614     		  PUBLIC PROGRAM SUPPORT 150,000
    BRACKEN'S KITCHEN
    13941 NAUTILUS DRIVE
    GARDEN GROVE,CA92843     		  PUBLIC PROGRAM SUPPORT 50,000
    CALIFORNIA STATE FULLERTON PHILANTHROPIC FOUNDATION INC
    2600 NUTWOOD AVE SUITE 850
    FULLERTON,CA92381     		  PUBLIC PROGRAM SUPPORT 100,000
    CENTRAL SQUARE FOUNDATION
    301-307- NARAIN MANZIL BARAKHAMBA
    ROAD
    NEW DELHI   110001
    IN     		  PUBLIC PROGRAM SUPPORT 200,000
    CHARITABLE VENTURES OF OC
    4041 MACARTHUR BLVD SUITE 510
    NEWPORT BEACH,CA92660     		  PUBLIC PROGRAM SUPPORT 23,000
    CLINTON FOUNDATION
    1200 PRESIDENT CLINTON AVENUE
    LITTLE ROCK,AR72201     		  PUBLIC PROGRAM SUPPORT 200,000
    COURT APPOINTED SPECIAL ADVOCATES
    1505 E 17TH STREET SUITE 214
    SANTA ANA,CA92705     		  PUBLIC PROGRAM SUPPORT 180,000
    DASRA
    ONE RIVERWAY SUITE 1900
    HOUSTON,TX77056     		  PUBLIC PROGRAM SUPPORT 1,000,000
    DESAI FOUNDATION
    209 BURLINGTON ROAD
    BEDFORD,MA01730     		  PUBLIC PROGRAM SUPPORT 50,000
    DREAMS FOR SCHOOLS
    18481 YORBA ST
    TUSTIN,CA92780     		  PUBLIC PROGRAM SUPPORT 5,000
    EAGLES OF EIGHTY-TWO INC
    1009 E WALNUT AVE
    EL SEGUNDO,CA90245     		  PUBLIC PROGRAM SUPPORT 5,000
    ECOLOGY CENTER
    32701 ALIPAZ ST
    SAN JUAN CAPISTRANO,CA92675     		  PUBLIC PROGRAM SUPPORT 25,000
    EKAL VIDYALAYA FOUNDATION OF USA
    1712 HWY 6 SOUTH SUITE A
    HOUSTON,TX77077     		  PUBLIC PROGRAM SUPPORT 100,000
    ENTERTAINMENT INDUSTRY FOUNDATION
    10880 WILSHIRE BLVD SUITE 1400
    LOS ANGELES,CA90024     		  PUBLIC PROGRAM SUPPORT 329,000
    EVERY MOTHER COUNTS
    333 HUDSON STREET SUITE 1006
    NEW YORK,NY10013     		  PUBLIC PROGRAM SUPPORT 100,000
    EXPONENT PHILANTHROPY
    1720 N ST NW
    WASHINGTON,DC20036     		  PUBLIC PROGRAM SUPPORT 5,000
    GLOBAL GLOW
    1202 N BROADWAY
    SANTA ANA,CA92701     		  PUBLIC PROGRAM SUPPORT 5,000
    GRAMEEN AMERICA INC
    150 WEST 30TH STREET 8TH FLOOR
    NEW YORK,NY10001     		  PUBLIC PROGRAM SUPPORT 250,000
    GRANTMAKERS FOR EFFECTIVE ORGANIZATION
    1310 L STREET NW SUITE 620
    WASHINGTON,DC20005     		  PUBLIC PROGRAM SUPPORT 10,000
    HMPS FOUNDATION
    15311 PIONEER BLVD
    NORWALK,CA90650     		  PUBLIC PROGRAM SUPPORT 50,000
    HOLISTIC SCIENCE CHARITABLE RESEARCH FOUNDATION
    206 S ILLINOIS AVE
    OAK RIDGE,TN37830     		  PUBLIC PROGRAM SUPPORT 25,000
    HOMIE STREET STORE
    21296 BRUNSWICK STREET
    FITROY MELBOURNE,VICTORIA3065
    AS     		  PUBLIC PROGRAM SUPPORT 124,000
    ILLUMINATION FOUNDATION
    1914 W ORANGEWOOD AVENUE SUITE 101
    ORANGE,CA92868     		  PUBLIC PROGRAM SUPPORT 20,600
    INNER CITY ADVISORS
    2323 BROADWAY
    OAKLAND,CA94612     		  PUBLIC PROGRAM SUPPORT 500,000
    JOY OF SHARING FOUNDATION
    15311 PIONEER BLVD
    NORWALK,CA90650     		  PUBLIC PROGRAM SUPPORT 900,000
    KURE IT CANCER RESEARCH
    2201 DUPONT DR 700
    IRVINE,CA92612     		  PUBLIC PROGRAM SUPPORT 2,500
    LATE DIWALIBHEN UKABHAI TRUST
    RAMJI MANDIR KADOD ROAD
    BARDOLI SURAT,GUJARAT394601
    IN     		  PUBLIC PROGRAM SUPPORT 1,092,000
    LEARN TO BE
    1268 N LAKEVIEW AVE SUITE 201
    ANAHEIM,CA92807     		  PUBLIC PROGRAM SUPPORT 75,000
    LESTONNAC FREE CLINIC
    1215 EAST CHAPMAN BLVD
    ORANGE,CA92866     		  PUBLIC PROGRAM SUPPORT 100,000
    MANAV SADHNA
    1916 PASTORAL LANE
    HANOVER,IL60133     		  PUBLIC PROGRAM SUPPORT 135,000
    NALANDA 20
    PO BOX 14841
    FREMONT,CA94539     		  PUBLIC PROGRAM SUPPORT 25,000
    NATIONAL CENTER FOR FAMILY PHILANTHROPY
    1667 K STREET NW SUITE 550
    WASHINGTON,DC20006     		  PUBLIC PROGRAM SUPPORT 10,000
    NEW VENTURE FUND
    1201 CONNECTICUT AVE NW SUITE 300
    WASHINGTON,DC20036     		  PUBLIC PROGRAM SUPPORT 1,000,000
    NONPROFIT FINANCE FUND
    5 HANOVER SQUARE 9TH FLOOR
    NEW YORK,NY100042650     		  PUBLIC PROGRAM SUPPORT 120,000
    OC HUMAN RELATIONS
    1801 E EDINGER AVE SUITE 115
    SANTA ANA,CA92705     		  PUBLIC PROGRAM SUPPORT 175,000
    ORANGE COUNTY COMMUNITY FOUNDATION
    4041 MACARTHUR BLVD SUITE 510
    NEWPORT BEACH,CA92660     		  PUBLIC PROGRAM SUPPORT 432,600
    ORANGE COUNTY UNITED WAY
    18012 MITCHELL SOUTH
    IRVINE,CA92614     		  PUBLIC PROGRAM SUPPORT 333,333
    PLANNED PARENTHOOD FEDERATION OF AMERICA
    123 WILLIAM STREET
    NEW YORK,NY10038     		  PUBLIC PROGRAM SUPPORT 100,000
    ROTARY EYE INSTITUTE
    LMS EYE HOSPITAL DUDHIA TALAV
    NAVSARI,GUJARAT396445
    IN     		  PUBLIC PROGRAM SUPPORT 25,000
    SAGE HILL SCHOOL
    20402 NEWPORT COAST DRIVE
    NEWPORT COAST,CA92657     		  PUBLIC PROGRAM SUPPORT 125,000
    SAI EDUCARE TRUST
    NO 10 GANDHI ST NEMILICHERY
    CHROMEPET
    CHENNAI,TAMIL NADU600044
    IN     		  PUBLIC PROGRAM SUPPORT 10,001
    SERVICESPACE
    PO BOX 2711
    SANTA CLARA,CA95055     		  PUBLIC PROGRAM SUPPORT 50,000
    SEWA INTERNATIONAL USA
    PO BOX 820867
    HOUSTON,TX77282     		  PUBLIC PROGRAM SUPPORT 25,000
    SOUTH ASIAN HELP & REFERRAL AGENCY (SAHARA)
    17100 PIONEER BLVD SUITE 260
    ARTESIA,CA90701     		  PUBLIC PROGRAM SUPPORT 100,000
    SOUTH COUNTY OUTREACH
    7 WHATNEY SUITE B
    IRVINE,CA92618     		  PUBLIC PROGRAM SUPPORT 110,000
    SOUTHERN CALIFORNIA GRANTMAKERS
    1000 N ALAMEDA ST SUITE 230
    LOS ANGELES,CA90012     		  PUBLIC PROGRAM SUPPORT 8,000
    THE CHARACTER LAB
    3401 MARKET STREET SUITE 202
    PHILADELPHIA,PA19104     		  PUBLIC PROGRAM SUPPORT 250,000
    THE EMPOWERMENT PLAN
    7640 KERCHEVAL AVENUE
    DETROIT,MI48214     		  PUBLIC PROGRAM SUPPORT 100,000
    THE KIDWORKS MISSION
    1902 WEST CHESTNUT AVENUE
    SANTA ANA,CA92703     		  PUBLIC PROGRAM SUPPORT 100,000
    THE LEELA INSTITUTE
    23650 COMMUNITY STREET
    WEST HILLS,CA91304     		  PUBLIC PROGRAM SUPPORT 50,000
    THE POLLINATION PROJECT
    1569 SOLANO AVE 643
    BERKELEY,CA94707     		  PUBLIC PROGRAM SUPPORT 125,000
    UNIVERSITY OF CALIFORNIA IRVINE FOUNDATION
    100 THEORY SUITE 250
    IRVINE,CA92617     		  PUBLIC PROGRAM SUPPORT 130,000
    UNIVERSITY OF SOUTHERN CALIFORNIA
    1150 S OLIVE STREET 24TH FLOOR
    LOS ANGELES,CA90015     		  PUBLIC PROGRAM SUPPORT 260,000
    VOICE OF SPECIALLY ABLED PEOPLE INC
    22734 STAGG ST
    WEST HILLS,CA91304     		  PUBLIC PROGRAM SUPPORT 75,000
    WORLD CENTRAL KITCHEN INC
    ATTN ERIN CORE 1342 FLORIDA AVENUE
    NW
    WASHINGTON,DC20009     		  PUBLIC PROGRAM SUPPORT 100,000
    HINDU UNIVERSITY OF AMERICA INC
    5200 VINELAND RD SUITE 200
    ORLANDO,FL32811     		  PUBLIC PROGRAM SUPPORT 1,000,000
    HOAG HOSPITAL FOUNDATION
    330 PLACENTIA AVENUE SUITE 100
    NEWPORT BEACH,CA92663     		  PUBLIC PROGRAM SUPPORT 250,000
    MISSION ASSET FUND
    3269 MISSION STREET
    SAN FRANCISCO,CA94110     		  PUBLIC PROGRAM SUPPORT 200,000
    INCLUSIVE ACTION IN THE CITY
    2900 E CESAR E CHAVEZ AVENUE
    LOS ANGELES,CA90033     		  PUBLIC PROGRAM SUPPORT 200,000
    YEAR UP INC
    45 MILK STREET
    BOSTON,MA02109     		  PUBLIC PROGRAM SUPPORT 200,000
    LOWER EASTSIDE GIRLS CLUB OF NY
    101 AVEUNUE D
    NEW YORK,NY10009     		  PUBLIC PROGRAM SUPPORT 125,000
    VIVEKANANDA YOGA UNIVERSITY
    15311 PIONEER BLVD
    NORWALK,CA90850     		  PUBLIC PROGRAM SUPPORT 100,000
    ASIAN AMERICAN FUTURES
    15333 CULVER DRIVE 340-2181
    IRVINE,CA92604     		  PUBLIC PROGRAM SUPPORT 100,000
    EDIBLE SCHOOLYARD NYC
    20 JAY STREET SUITE M9
    BROOKLYN,NY11201     		  PUBLIC PROGRAM SUPPORT 100,000
    CITY OF HOPE
    1500 EAST DUARTE ROAD
    DUARTE,CA91010     		  PUBLIC PROGRAM SUPPORT 100,000
    CATHOLIC RELIEF SERVICES
    228 W LEXINGTON STREET
    BALTIMORE,MD21201     		  PUBLIC PROGRAM SUPPORT 80,000
    DREAMERS YOUTH
    5822 5TH AVENUE
    LOS ANGELES,CA90043     		  PUBLIC PROGRAM SUPPORT 75,000
    VITAL VOICES GLOBAL PARTNERSHIP
    1509 16TH ST NW
    WASHINGTON,DC20036     		  PUBLIC PROGRAM SUPPORT 75,000
    FOUNDATION FOR EXCELLENCE INC
    1850 WARBURTON AVE
    SANTA CLARA,CA95050     		  PUBLIC PROGRAM SUPPORT 89,000
    SAURASHTRA KIDNEY RESEARCH INSTITUTE
    KANSAGRA HOSPITALASTRON CHOWK
    SARGARNAGAR
    RAJKOT GUJARAT   36001
    IN     		  PUBLIC PROGRAM SUPPORT 63,000
    VIVEKANANDA RETREAT RIDGELY
    101 LEGGETT RD
    STONE RIDGE,NY12484     		  PUBLIC PROGRAM SUPPORT 50,000
    VEDANTA SOCIETY OF CALIFORNIA
    1946 VEDANTA PLACE
    LOS ANGELES,CA90068     		  PUBLIC PROGRAM SUPPORT 50,000
    ENVIRONMENTAL SANITATION INSTITUTE
    SUGHAD VILLAGE DISTRICT
    GANDHINAGAR GUJARAT   382 424
    IN     		  PUBLIC PROGRAM SUPPORT 50,000
    SHRI PANCHNATH SARVAJANIK MEDICAL TRUST
    PANCHNATH MANDIRPANCHNATH MANDIR
    MAIN ROADNR LIMDA CHOWK
    RAJKOT GUJARAT    
    IN     		  PUBLIC PROGRAM SUPPORT 37,000
    PHILANTHROPIC VENTURES FOUNDATION
    1222 PRESERVATION PARK WAY
    OAKLAND,CA94612     		  PUBLIC PROGRAM SUPPORT 25,500
    WOMEN FOR WOMEN INTERNATIONAL
    2000 M ST NW SUITE 200
    WASHINGTON,DC20036     		  PUBLIC PROGRAM SUPPORT 25,000
    MANU FOUNDATION INC
    74 CHASMA
    IRVINE,CA92618     		  PUBLIC PROGRAM SUPPORT 25,000
    GIVE FOUNDATION INC
    11040 BOLLINGER CANYON ROAD SUITE
    E-958
    SAN RAMON,CA94582     		  PUBLIC PROGRAM SUPPORT 25,000
    GOONJ
    J-93 SARITA VIHAR
    SOUTH EAST DELHI,NEW DELHI  
    IN     		  PUBLIC PROGRAM SUPPORT 25,000
    UNICEF USA
    125 MAIDEN LANE 10TH FLOOR
    NEW YORK,NY10038     		  PUBLIC PROGRAM SUPPORT 25,000
    OPHTALMIC EDGE INC
    116 EAST 66ST 10 E
    NEW YORK,NY10065     		  PUBLIC PROGRAM SUPPORT 15,000
    PLEDGELING FOUNDATION
    2100 ABBOT KINNEY BLVD UNIT E
    VENICE,CA90291     		  PUBLIC PROGRAM SUPPORT 10,500
    DEGREGORIO FAMILY FOUNDATION INC
    P O BOX 236
    PLEASANTVILLE,NY10570     		  PUBLIC PROGRAM SUPPORT 10,000
    MAHARISHI UNVERSITY OF MANAGEMENT
    1000 N 4TH STREET PB 769
    FAIRFIELD,IA52557     		  PUBLIC PROGRAM SUPPORT 10,000
    ALZHEIMER'S ORANGE COUNTY
    2515 MCCABE WAY SUITE 200
    IRVINE,CA92614     		  PUBLIC PROGRAM SUPPORT 10,000
    SR FOUNDATION USA
    18000 PIONEER BLVD SUITE 203
    ARTESIA,CA90701     		  PUBLIC PROGRAM SUPPORT 10,000
    UNDERGROUND GRIT
    1914 W ORANGEWOOD AVENUE SUITE 101
    ORANGE,CA92868     		  PUBLIC PROGRAM SUPPORT 5,000
    Total .................................bullet 3a 13,313,367
    bApproved for future payment
    DASRA
    ONE RIVERWAY SUITE 1900
    HOUSTON,TX77056     		  PUBLIC PROGRAM SUPPORT 9,000,000
    Total .................................bullet 3b 9,000,000
    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 ...........     		    14 114,812  
    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 -705,509  
    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 3,507,539 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,507,539
    (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
    TARSADIA FOUNDATION
     
    Employer identification number

    33-0879062
    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
    TARSADIA FOUNDATION
          		Employer identification number
    33-0879062
    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
    KTT HOLDINGS
     
    100 WEST LIBERTY STREET 10TH FLOOR
     
    RENO, NV89501

    		$ 5,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    TUSHAR PATEL FAMILY TRUST
     
    520 NEWPORT CENTER DR 21ST FLOOR
     
    NEWPORT BEACH, CA92660

    		$ 7,500,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    JAIN CENTER OF SOUTHERN CALIFORNIA
     
    8072 COMMONWEALTH AVE
     
    BUENA PARK, CA906212520

    		$ 70,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    FEDERATION OF JAIN ASSOCIATION IN NORTH AMERICA
     
    8843 1/2 LONGDEN AVENUE
     
    TEMPLE CITY, CA91780

    		$ 22,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    KKSA HOLDINGS LLC
     
    100 WEST LIBERTY STREET 10TH FLOOR
     
    RENO, NV89501

    		$ 35,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    FALCON TRUST
     
    100 WEST LIBERTY STREET 10TH FLOOR
     
    RENO, NV89501

    		$ 1,000,000


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

    33-0879062
    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
    TARSADIA FOUNDATION
          		Employer identification number

    33-0879062
    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:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 35,217 0   35,217

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Name of Stock End of Year Book Value End of Year Fair Market Value
    TD AMERITRADE 5,138,467 5,138,467
    GOLDMAN SACHS & CO. 29,201,932 29,201,932
    JP MORGAN 13,132,480 13,132,480
    PHIL, INC. 9,014,604 9,014,604
    CUE HEALTH 12,624,335 12,624,335
    GTHX, INC. 100,000 100,000
    CITY NATIONAL BANK 8,913,442 8,913,442
    PETAL CARD 11,337,041 11,337,041

    TY 2021 InvestmentsOtherSchedule2
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BLACKSTONE ENERGY PARTNERS LP FMV 1,059,532 1,059,532
    BLACKSTONE ENERGY PARTNERS II FMV 3,592,854 3,592,854
    BLACKSTONE CAPITAL PARTNERS VII L.P. FMV 3,862,248 3,862,248
    TRAIL MIX VENTURES FUND, LP FMV 704,252 704,252
    FPF II TM HOLDINGS, LLC FMV 10,274,502 10,274,502
    TCLDS HOLDINGS, LP FMV 145,756,471 145,756,471

    TY 2021 LegalFeesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 12,643 0   11,453


    TY 2021 OtherAssetsSchedule
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDENDS RECEIVABLE 56,614    
    INTEREST RECEIVABLE 40,450 27,404 27,404
    CLEARING ACCOUNT -4,997    
    TAXES RECEIVABLE 354,622    


    TY 2021 OtherDecreasesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Description Amount
    ROUNDING 6
    DIVIDENDS RECEIVABLE NOT IN BOOKS 78,193


    TY 2021 OtherExpensesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 3,043 0   3,043
    DUES & SUBSCRIPTIONS 6,118 0   6,118
    OFFICE EXPENSES 887 0   887
    PASSTHRU INVESTMENT INTEREST EXP 0 1,845   0
    PASSTHRU PORTFOLIO DEDUCTIONS 0 56,053   0
    PASSTHRU OTHER DEDUCTIONS 0 425   0
    PROGRAM & GRANT MAKING EXPENSE 1,615 0   1,615
    INSURANCE 11,166 0   11,166
    PASSTHRU ROYALTY DEDUCTIONS 0 1,033   0
    ADVERTISING & MARKETING 102,372 0   102,372
    COMPUTER EXPENSES 12,569 0   12,569
    CELLPHONE/DATA 3,161 0   3,161
    MEALS 4,333 0   4,333
    PAYROLL SERVICE FEES 599 0   599
    POSTAGE/SHIPPING 18 0   18
    PASSTHRU COST DEPLETION 0 442   0
    TRAVEL -2,421 0   -2,421
    CONFERENCES & MEETINGS 5,207 0   5,207
    WEB HOSTING 549 0   549
    MILEAGE 230 0   230


    TY 2021 OtherIncomeSchedule2
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BCP VII LP 570,238 0 570,238
    BLACKSTONE ENERGY PARTNERS II LP 214,960 0 214,960
    BLACKSTONE ENERGY PARTNERS LP ORDINARY INCOME 194,480 0 194,480
    BLACKSTONE ENERGY PARTNERS Q LP 0 9,497 0
    BLACKSTONE ENERGY PARTNERS Q LP ORDINARY INCOME   0 -20,620
    BLACKSTONE ENERGY PARTNERS Q LP RENTAL INCOME   0 67
    BLACKSTONE ENERGY PARTNERS Q LP SECTION 1231 GAIN   0 833
    BLACKSTONE ENERGY PARTNERS Q LP INTANGIBLE DRILLING & DEV COSTS   0 -11,246
    BLACKSTONE ENERGY PARTNERS Q LP OTHER INCOME   0 -1,324
    BLACKSTONE ENERGY PARTNERS Q OTHER PORTFOLIO INCOME 0 -11 0
    TEN COVES II TM HOLDINGS 1,951,019 0 1,951,019
    TCLDS HOLDINGS LP 951(A) INCOME INCLUSION 0 29,232,349 0
    TCLDS HOLDINGS LP FOREIGN EARNING DISTRIBUTION 0 13,364,161 0
    GOLDMAN SACHS 41755 NONDIVIDEND DISTRIBUTIONS 535 0 535
    GOLDMAN SACHS 41730 OTHER INVESTMENT INCOME 10 10 10
    BLACKSTONE VIVA 3 FEEDER FUND (CAYMAN) VII LP DIVIDENDS 0 34,886 0
    BLACKSTONE FISTERRA II FEEDER FUND (CAYMAN) VII LP DIVIDENDS 0 1,721 0
    BCP VII TUCSON FEEDER (CAYMAN) LP DIVIDENDS 0 16,131 0
    BCP VII FLORA FEEDER (CAYMAN) LP DIVIDENDS 0 2,926 0
    BLACKSTONE SEAMW ENERGY FEEDER FUND (CAYMAN) LP DIVIDENDS 0 3,000 0
    BCP VII FC FEEDER (CAYMAN) LP DIVIDENDS 0 36,545 0
    BCP VII MUSTANG FEEDER (CAYMAN) LP DIVIDENDS 0 36,404 0
    BCP VII YORK FEEDER (CAYMAN) LP DIVIDENDS 0 81,161 0
    BCP VII AYM FEEDER (CAYMAN) LP DIVIDENDS 0 5,879 0
    BLACKSTONE JDA FEEDER FUND (CAYMAN) VII LP DIVIDENDS 0 137,357 0
    BLACKSTONE FISTERRA II FEEDER FUND (CAYMAN) BEP II/II.F LP DIVIDENDS 0 13,251 0
    BCP VII COMET FEEDER (CAYMAN) LP DIVIDENDS 0 164 0
    BCP VII BLACKJACK FEEDER (CAYMAN) LP DIVIDENDS 0 2,422 0
    BCP VII CLAY FEEDER (CAYMAN) LP DIVIDENDS 0 46,347 0
    BCP VII PI FEEDER (CAYMAN) LP DIVIDENDS 0 122,595 0
    BCP VII REDBIRD FEEDER (CAYMAN) LP DIVIDENDS 0 14,774 0


    TY 2021 OtherIncreasesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Description Amount
    UNREALIZED GAIN 63,624,459


    TY 2021 OtherLiabilitiesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Description Beginning of Year - Book Value End of Year - Book Value
    EXCISE TAX PAYABLE 0 174,540


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 311,831 211,492   0
    CONSULTING FEES 14,000 0   14,000


    TY 2021 SubstantialContributorsSch
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Name Address
    FALCON TRUST 100 WEST LIBERTY STREET 10TH FLOOR
    RENO,NV89501
    T-TWELVE LEGACY TRUST 100 WEST LIBERTY STREET 10TH FLOOR
    RENO,NV89501
    SUNIL AND MAYA PATEL 520 NEWPORT CENTER DRIVE 21ST FLOOR
    NEWPORT BEACH,CA92660
    BU PATEL 520 NEWPORT CENTER DRIVE 21ST FLOOR
    NEWPORT BEACH,CA92660
    TUSHAR PATEL 520 NEWPORT CENTER DRIVE 21ST FLOOR
    NEWPORT BEACH,CA92660
    KKSA HOLDINGS LLC
          		100 WEST LIBERTY STREET 10TH FLOOR
    RENO,NV89501
    KTT HOLDINGS
          		100 WEST LIBERTY STREET 10TH FLOOR
    RENO,NV89501


    TY 2021 TaxesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN:
    33-0879062
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 15,084 15,084   0
    EXCISE TAX 653,422 0   0
    BLOCKER TAX WITHHOLDINGS 21,555 0   0
    LLC TAX 900 0   0