TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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
B Quest
c/o Kara Ballester

Number and street (or P.O. box number if mail is not delivered to street address)2405 Bancroft St
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
San Diego, CA92104

A Employer identification number

47-5550417

B Telephone number (see instructions)

(619) 301-3132

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$31,954,489J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	415,529		415,529
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		3,968,127
b	Gross sales price for all assets on line 6a 9,380,411
7	Capital gain net income (from Part IV, line 2)...			3,968,127
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).......		525	0
12	Total. Add lines 1 through 11........	4,384,181		4,383,656
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).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		288,632	146,728	141,904
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		13,150	0	150
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	650		0	650
22	Printing and publications..........
23	Other expenses (attach schedule).......		966	0	966
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	303,398		146,728	143,670
25	Contributions, gifts, grants paid.......	3,204,068			3,204,068
26	Total expenses and disbursements. Add lines 24 and 25	3,507,466		146,728	3,347,738
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	876,715
b	Net investment income (if negative, enter -0-)			4,236,928
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	304,053	387,625	387,625
	2	Savings and temporary cash investments.........	765,571	1,317,336	1,317,336
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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) 3,741,116
		Less: allowance for doubtful accounts 0	3,158,698	3,741,116	3,741,116
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	1,257,756	1,373,145	1,355,819
	b	Investments—corporate stock (attach schedule).......	10,341,930	10,138,455	21,431,706
	c	Investments—corporate bonds (attach schedule).......	3,804,804	3,461,264	3,460,967
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	0	259,920	259,920
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	19,632,812	20,678,861	31,954,489
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	19,632,812	20,678,861
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		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).....	19,632,812	20,678,861
	30	Total liabilities and net assets/fund balances (see instructions).	19,632,812	20,678,861

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

19,632,812

Enter amount from Part I, line 27a .....................

876,715

Other increases not included in line 2 (itemize) bullet

169,334

Add lines 1, 2, and 3 ..........................

20,678,861

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

20,678,861

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 Investments	P	2021-03-15	2021-12-31
b	Publicly Traded Investments	P	2019-03-15	2021-12-31
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,742,936	1,576,694	166,242
b	7,637,475	3,835,590	3,801,885
c
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			166,242
b			3,801,885
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	3,968,127
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 ...................		3

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 and enter “N/A" on line 1.
	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	58,893
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	58,893
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	3,000
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	55,000
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	58,000
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	1,329
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	2,222
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax	Refunded	11

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

Kara Ballester Telephone no. bullet

(619) 301-3132

Located at bullet

2405 Bancroft StSan DiegoCA ZIP+4 bullet

92104

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

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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? .............

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)):

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?....................

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2021)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check here ......... bullet

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
Kara Ballester	President 25.00	0	0	0
2405 Bancroft St San Diego,CA92104	President 25.00	0	0	0
Andrew Ballester	Treasurer/Secretary 5.00	0	0	0
2405 Bancroft St San Diego,CA92104	Treasurer/Secretary 5.00	0	0	0

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...................				0

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
US Trust Bank of America Private Wealth Mgmt	Financial Advisor	146,706
PO Box 830269 Dallas,TX75283	Financial Advisor	146,706

Total number of others receiving over $50,000 for professional services............. bullet

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1	Solar Access HUB B Quest provided a low-interest loan to Solar Access Hub in order to help the construction of the Boulder Housing Partners Community Solar Garden, which helps offset the energy expenses of low-income families living in Boulder, CO.	360,335
2	MAAC LoanB Quest provided a loan to MAAC, a 501(c)(3) orgnization, to help them install Electrical Vehicle (EV) chargers, which helps support clean energy and furthers MAAC's EV Access Program for low-income individuals in the San Diego, CA area.	42,000
All other program-related investments. See instructions.
3		99,752

Total. Add lines 1 through 3......................... bullet

502,087

Form 990-PF (2021)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

25,265,087

Average of monthly cash balances.......................

2,001,940

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

27,267,027

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

27,267,027

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

409,005

Net value of noncharitable-use assets. Subtract line 4 from line 3. .......

26,858,022

Minimum investment return. Enter 5% (0.05) of line 5................

1,342,901

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.)

Minimum investment return from Part IX, line 6..................

1,342,901

Tax on investment income for 2021 from Part V, line 5.......

58,893

Income tax for 2021. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

58,893

Distributable amount before adjustments. Subtract line 2c from line 1............

1,284,008

Recoveries of amounts treated as qualifying distributions................

89,002

Add lines 3 and 4............................

1,373,010

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

1,373,010

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7					1,373,010
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2021:
a From 2016......
b From 2017......
c From 2018......
d From 2019......
e From 2020......	4,223,085
f Total of lines 3a through e ........		4,223,085
4Qualifying distributions for 2021 from Part
XI, line 4: $ 3,849,825
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.....					1,373,010
e Remaining amount distributed out of corpus		2,476,815
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		6,699,900
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 ......		6,699,900
10 Analysis of line 9:
a Excess from 2017....
b Excess from 2018....
c Excess from 2019....
d Excess from 2020....	4,223,085
e Excess from 2021....	2,476,815

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 4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

Kara Ballester

Andrew Ballester

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
Biodiversity Funders Group PO Box 29361 San Francisco,CA94129	N/A	PC	accelerate clean energy solutions to the climate crisis	4,190
Burnham Center for Community Advancement PO Box 766 Union City,NJ07087	N/A	PC	To support reimagining the power of investing by providing financial advice and solutions to private, institutional and corporate clients worldwide	100,000
Campanile Foundation 5500 Campanile Dr San Diego,CA92182	N/A	PC	Support for San Diego State University's ZIP Launchpad: an on campus incubator helping students, faculty, and staff launch a startup from their early stage idea.	150,000
Casa de Amparo 325 Buena Creek Road San Marcos,CA92069	N/A	PC	To support those affected by and at risk of child abuse and neglect	44,809
Catalyst of SD and Imperial 5060 Shoreham Place Suite 350 San Diego,CA92122	N/A	PC	To connect and activate funders to learn, lead, and invest in San Diego and Imperial counties and communities.	82,500
Center for Climate Integrity 22 Clarke Pl Frederick,MD21701	N/A	PC	To support an educational web-based news service about climate change liability, justice and law	300,000
Climate Action Campaign 3900 Cleveland Ave Ste 208 San Diego,CA92103	N/A	PC	stopping the climate crisis through advocacy and policy action in San Diego and Orange County.	220,000
CollectiveSun Foundation Inc 3295 Meade Ave San Diego,CA92116	N/A	PC	Access to clean renewable energy	993,029
Confluence Philanthropy 1 Penn Plaza Box 6169 New York,NY10119	N/A	PC	To transform the practice of investing by aligning capital with our communitys values of sustainability, equity, and justice.	3,000
Data Science Alliance 11512 El Camino Real San Diego,CA92130	N/A	PC	Connecting people and data to solve problems	25,000
Innovation Network for Communities 156 Grover Ln Tamworth,NH03886	N/A	PC	Develop and spread social innovations that transform and better the performance of community systems	100,000
MAAC 1355 Third Avenue Chula Vista,CA91911	N/A	PC	support clean energy and educational programs that serve MAAC's mission of maximizing self-sufficiency for families and individuals through high-quality programs and advocacy in our communities.	140,549
Mohuman 11470 Cypress Terrace Pl San Diego,CA92131	N/A	PC	to easily and inclusively engage each other in technology and science decision-making.	50,000
Northern California Land Trust 3120 Shattuck Ave Berkeley,CA94705	N/A	PC	To assist with providing a mix of permanently affordable Community Land Trust ownership housing, cooperative housing, rental housing and community facilities	4,875
San Diego Grantwriters 5060 Shoreham Pl San Diego,CA92122	N/A	PC	connect, educate, develop and inspire organized philanthropy	6,116
San Diego Parks Foundation 1180 Rosecrans St 517 San Diego,CA92106	N/A	PC	to support the Citys mission to build a world-class inclusive park system that strengthens communities and provides equitable access to recreational opportunities.	20,000
The Children's Initiative 3625 Ruffin Rd Ste 100 San Diego,CA92123	N/A	PC	Improving San Diego's juvenile justice system by concentrating our resources and efforts in prevention and early intervention while providing therapeutic services to those most in need.	100,000
The San Diego Foundation 2508 Historic Decatur Rd Ste 200 San Diego,CA92106	N/A	PC	San Diego Small Business Relief Fund	500,000
The Well 1619 E 8th St PO Box 7708 Odessa,TX79760	N/A	PC	Providing clean and safe drinking water to developing nations.	60,000
YMCA of San Diego County Grant for Lincoln Apartments 3708 Ruffin Road San Diego,CA92123	N/A	PC	to improve the quality of human life and Lincoln apartments	300,000
Total ................................. 3a				3,204,068

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	3,968,127
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aClass action suit			01		491
bTax refund			01		34
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		4,383,656	525

13Total. Add line 12, columns (b), (d), and (e)..................

4,384,181

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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.)
11	Tax Refund
11	Class Action Suit

Form 990-PF (2021)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2021 AllOthProgRltdInvestmentsSch

Name:

B Quest

c/o Kara Ballester

EIN:

47-5550417

Category	Amount
The organization gave an additional low-interest loan to South Bay Community Service (SBCS). SBCS is a 501(c)(3) organization. This loan was given so that SBCS could build a solar installation.	99,752

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

B Quest

c/o Kara Ballester

EIN:

47-5550417

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AERCAP IRELAND CAP/GLOBA COMPANY GUARNT GLB 03.300% JAN 30 2032	51,030	51,040
AMERICAN TOWER CORP GLB 03.550% JUL 15 2027	49,981	53,442
ANTHEM INC GLB 02.550% MAR 15 2031	29,143	28,618
APPLE INC GLB 01.650% MAY 11 2030	97,605	97,423
AT&T INC GLB 01.650% FEB 01 2028	49,643	48,982
BANK OF MONTREAL SER MTN 02.500% JUN 28 2024	75,674	77,358
BANK OF NY MELLON CORP SER G 03.000% FEB 24 2025	75,182	78,716
CAPITAL ONE MUL ABS 2019 A2 A2 01.720%AUG15 24	101,168	100,825
CARMAX AUTO OWN ABS 2020 4 A3 00.500%AUG15 25	124,707	124,326
CHUBB INA HOLDINGS INC COMPANY GUARNT GLB 01.375% SEP 15 2030	47,907	47,146
CITIGROUP INC - VAR%JAN 10 2028	53,887	54,241
CVS HEALTH CORP GLB 04.300% MAR 25 2028	1,090	1,123
FHLMC C9 1778 03 50%2034	28,599	29,103
FHLMC G1 6210 03 50%2032	42,789	44,572
FHLMC QN 3041 02%2035	158,641	155,930
FHLMC RA 2317 03%2050	85,215	83,920
FNMA PAL5063 04 50%2032	30,721	30,438
FNMA PAL9875 04%2045	40,258	42,133
FNMA PAS2700 04%2044	33,273	34,423
FNMA PAS6640 03 50%2046	38,183	39,939
FNMA PBC4777 02 50%2031	117,543	117,010
FNMA PBM1880 04%2045	63,403	68,474
FNMA PBN7756 03%2049	114,623	113,384
FNMA PFM1155 02 50%2032	113,081	112,248
FNMA PFM1662 03%2033	65,044	66,657
FNMA PFM3037 03%2038	95,900	94,823
FNMA PMA3729 02 50%2034	41,389	42,550
FNMA PMA4303 02%2036	199,371	199,309
FREDDIE MAC MUL CMO 2017 K062 A1 03.032%SEP25 26	101,046	98,282
ILLINOIS TOOL WORKS INC GLB 02.650% NOV 15 2026	80,698	78,694
JPMBB COMMERCIA CMO 2014 C26 A4 03.494%JAN15 48	105,039	105,250
JPMORGAN CHASE & CO GLB VAR%OCT 15 2030	104,489	102,847
LOWE'S COS INC GLB 03.650% APR 05 2029	66,973	65,833
METLIFE INC GLB 03.600% NOV 13 2025	75,679	80,913
NORTHERN TRUST CORP GLB 03.650% AUG 03 2028	85,482	83,536
ORACLE CORP GLB 02.950% APR 01 2030	53,303	50,617
PNC BANK NA SER BKNT 03.250% JUN 01 2025	76,789	79,733
REGIONS FINANCIAL CORP GLB 02.250% MAY 18 2025	52,806	51,000
REPUBLIC SERVICES INC GLB 01.750% FEB 15 2032	47,841	47,169
ROYAL BANK OF CANADA GLB 01.200% APR 27 2026	73,977	73,711
ROYAL BANK OF CANADA SER GMTN GLB 03.700% OCT 05 2023	137,519	131,107
SHIRE ACQ INV IRELAND DA COMPANY GUARNT GLB 02.875% SEP 23 2023	52,488	51,429
THERMO FISHER SCIENTIFIC GLB 02.000% OCT 15 2031	64,699	64,121
UNION PACIFIC CORP GLB 02.375% MAY 20 2031	60,859	61,227
VERIZON COMMUNICATIONS GLB 02.550% MAR 21 2031	50,000	50,501
VERIZON OWNER T ABS 2019 B A1A 02.330%DEC20 23	46,457	46,290
WORLD OMNI AUTO ABS 2020 A A3 01.700%JAN17 23	100,070	100,554

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

B Quest

c/o Kara Ballester

EIN:

47-5550417

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ACADIA REALTY TRUST REIT	10,623	8,754
ADAPTIVE BIOTCHNLGS CORP	10,182	4,518
ALLEGRO MICROSYSTEMS INC REG SHS	12,849	19,212
AZENTA INC	11,093	12,270
BJS RESTAURANTS INC	14,810	13,509
BJS WHSL CLUB HLDGS INC	7,878	23,640
BLACKBAUD INC	15,961	16,112
BRIGHT HORIZONS FAMILY SOLUTIONS INC	14,306	15,106
BURLINGTON STORES INC	9,898	17,491
CAMDEN PPTY TR COM SBI REIT	9,418	19,297
CHURCH&DWIGHT CO INC	6,191	13,530
CYBER-ARK SOFTWARE LTD	14,958	15,595
DECKERS OUTDOORS CORP	4,671	26,741
EAST WEST BANCORP INC	16,837	29,820
EASTGROUP PROPERTIES INC REIT	10,630	21,418
ESSENTIAL UTILITIES INC	6,173	10,040
FIRST SOLAR INC	5,114	10,372
FRESHPET INC SHS	8,104	6,097
HANESBRANDS INC	10,547	11,002
HANNON ARMSTRNG SUSTAINABLE INFRASTRCTRE CAP INC	8,191	7,862
HANOVER INS GROUP INC	13,398	17,955
HEXCEL CORP NEW COM	13,660	13,157
HORACE MANN EDUCTRS NEW	10,886	11,494
HOST HOTELS & RESORTS REIT	6,535	6,765
HUNT J B TRANS SVCS INC	13,828	28,616
INGEVITY CORP SHS	10,086	13,121
IPG PHOTONICS CORP DEL	19,629	20,657
JONES LANG LASALLE INC	12,110	25,049
LAMB WESTON HOLDINGS INC REG SHS	15,144	16,035
LHC GROUP INC	11,152	16,056
LINCOLN ELEC HLDGS INC	16,033	23,989
LKQ CORP	10,563	22,691
LPL FINANCIAL HOLDINGS SHS	14,557	26,095
LTC PROPERTIES INC REITS-HEALTH CARE	9,010	7,443
MANPOWERGROUP	12,773	11,972
MERITAGE HOMES CORP	14,123	20,262
MIDDLEBY CORP COM	12,208	22,234
MSA SAFETY INC SHS	11,389	13,435
N Y TIMES CO A	12,477	20,914
NANOSTRING TECHNOLOGIES INC SHS	4,382	4,561
OMNICELL INC	8,142	32,840
PAYLOCITY HLDG CORP	13,614	12,989
PENUMBRA INC	6,718	11,205
QUANTA SERVICES INC	9,122	29,124
REINSURNCE GROUP AMERICA	13,390	11,058
ROGERS CORP	9,212	22,113
SANDY SPRING BNCRP INC	11,931	11,299
SENSIENT TECHNOLGY CORP	12,571	12,007
SMITH A O CORP DEL COM	9,226	14,251
SONOCO PRODUCTS CO	11,975	13,257
STERLING BANCORP	9,836	14,288
STIFEL FINANCIAL CORP	6,096	13,450
STITCH FIX INC CL A	16,666	7,209
SYNEOS HEALTH INC	14,368	32,960
TETRA TECH INC NEW	6,433	25,470
TRACTOR SUPPLY CO	7,565	30,302
TREX CO INC	6,730	12,153
TRIMBLE INC	7,390	18,310
UMPQUA HLDGS CORP ORE	14,461	15,815
WABTEC	21,827	28,370
WEBSTER FINL CP PV $0.01	16,213	18,930
WEST PHARMACTL SVCS INC	2,079	11,256
WOLFSPEED INC	12,811	28,948
XYLEM INC SHS	8,300	16,069
ZENDESK INC SHS	12,310	24,612
ADOBE INC SHS	16,712	94,699
ADVANCE AUTO PARTS INC	35,685	54,453
ALCON SA ACT NOM	31,687	47,393
AMAZON COM INC COM	96,519	283,419
APPLE INC	30,004	178,635
APTIV PLC SHS	23,473	51,299
ASML HLDG NV NY REG SHS	23,109	49,361
ATLASSIAN CORP PLC	39,965	70,920
BIOMARIN PHARMACEUTICALS	25,301	25,533
CVS HEALTH CORP	42,514	70,252
DEXCOM INC	27,954	41,345
DISNEY (WALT) CO COM STK	44,551	69,855
EATON CORP PLC	49,875	55,648
EQUINIX INC	25,558	52,442
FIDELITY NATL INFO SVCS INC	58,324	47,262
HOME DEPOT INC	33,495	88,812
HONEYWELL INTL INC DEL	34,971	58,800
IHS MARKIT LTD SHS	31,340	78,822
INTUITIVE SURGICAL INC NEW	44,563	47,068
META PLATFORMS INC CLASS A COMMON STOCK	99,439	209,546
MICROSOFT CORP	57,931	236,097
MONSTER BEVERAGE SHS	42,917	58,008
NETFLIX COM INC	79,116	83,137
NIKE INC CL B	64,721	68,335
NVIDIA	19,990	158,231
NXP SEMICONDUCTORS N.V.	24,534	46,467
PALO ALTO NETWORKS INC COM	19,167	82,400
PAYPAL HOLDINGS INC SHS	41,216	41,488
SALESFORCE COM INC	96,888	129,098
SEA LTD	40,258	35,794
SPLUNK INC COMMON SHARES	23,809	34,253
THERMO FISHER SCIENTIFIC INC	27,847	117,434
TRACTOR SUPPLY CO	33,749	49,152
UBER TECHNOLOGIES INC	46,063	51,784
UIPATH INC CL A	31,853	22,255
ULTA BEAUTY INC	31,036	60,202
UNITED PARCEL SVC CL B	45,274	91,309
UNITEDHEALTH GROUP INC	34,488	124,029
VISA INC CL A SHRS	64,369	130,026
W W GRAINGER INCORP	25,265	63,744
WORKDAY INC CL A	45,534	51,904
ABBOTT LABS	27,830	96,970
ABBVIE INC SHS	45,789	64,315
ACCENTURE PLC SHS	36,561	96,176
ADOBE INC SHS	24,763	119,083
AGILENT TECHNOLOGIES INC	24,633	87,648
ALEXANDRIA REAL EST EQTS REIT	56,577	75,360
ALPHABET INC SHS CL C	138,825	358,805
AMERICAN WTR WKS CO INC NEW	62,318	140,512
ANTHEM INC	30,851	56,088
APPLE INC	75,277	493,467
APPLIED MATERIAL INC	16,805	116,604
APTARGROUP INC	18,328	18,739
ASSURANT INC	16,454	15,742
AUTODESK INC DEL PV$0.01	38,793	39,648
BALL CORP COM	33,289	81,541
BAXTER INTERNTL INC	18,714	19,829
BECTON DICKINSON CO	40,864	41,997
BEST BUY CO INC	18,485	29,870
BLACKROCK INC	44,509	80,569
BORG WARNER INC COM	44,492	42,366
BRISTOL-MYERS SQUIBB CO	54,473	58,983
CBRE GROUP INC CL A	32,050	91,148
CISCO SYSTEMS INC COM	50,457	87,451
CITIGROUP INC COM NEW	113,923	126,879
CLOROX CO DEL COM	19,282	25,108
COLGATE PALMOLIVE	38,567	48,132
COMCAST CORP NEW CL A	49,057	63,214
CUMMINS INC COM	15,593	21,378
CVS HEALTH CORP	38,647	44,565
DANAHER CORP DEL COM	36,905	37,178
DECKERS OUTDOORS CORP	16,270	18,316
DEERE CO	38,861	82,979
DISCOVER FINL SVCS	50,043	48,304
DISNEY (WALT) CO COM STK	48,537	67,997
DOVER CORP	19,133	37,954
EATON CORP PLC	31,125	78,633
EBAY INC COM	42,174	77,406
EDWARDS LIFESCIENCES CRP	17,646	42,363
EMERSON ELEC CO	44,124	59,129
ETSY INC SHS	6,727	30,870
EXPEDITORS INTL WASH INC	14,998	27,529
GENERAL MILLS	31,620	42,315
GENTHERM INC	18,100	19,205
GILEAD SCIENCES INC COM	33,336	36,958
HANESBRANDS INC	30,187	24,796
HANNON ARMSTRNG SUSTAINABLE INFRASTRCTRE CAP INC	15,211	20,239
HASBRO INC COM	17,095	18,320
HERSHEY COMPANY	11,909	19,927
HOME DEPOT INC	43,538	122,013
HUMANA INC	21,822	52,416
HUNTNGTN BANCSHS INC MD	41,656	49,467
INTL FLAVORS&FRAGRNC	19,433	22,748
INTUIT INC COM	20,808	45,669
ITRON INC	25,599	23,091
JOHNSON CONTROLS INTER	33,737	65,780
LAM RESEARCH CORP COM	36,993	75,511
LAUDER ESTEE COS INC A	29,154	79,223
LOWE'S COMPANIES INC	33,750	102,875
MASTERCARD INC	45,443	108,874
MEDTRONIC PLC SHS	51,963	67,863
MERCK AND CO INC SHS	41,672	58,783
META PLATFORMS INC CLASS A COMMON STOCK	68,827	134,204
METLIFE INC COM	24,514	37,619
METTLER-TOLEDO INTL INC	19,888	49,219
MICROSOFT CORP	91,287	407,284
MOODY'S CORP	27,812	28,903
MORGAN STANLEY	58,488	167,755
NASDAQ OMX GRP INC	17,275	34,862
NIKE INC CL B	49,254	101,835
NVIDIA	19,473	191,760
OTIS WORLDWIDE CORP REG SH	18,072	18,198
OWENS CORNING INC	28,984	44,888
PERKINELMER INC COM	14,352	20,910
PNC FINCL SERVICES GROUP	77,517	129,736
PRICE T ROWE GROUP INC	29,776	37,755
PROCTER & GAMBLE CO	56,730	67,395
PROGRESSIVE CRP OHIO	40,916	49,683
PROLOGIS INC	28,744	64,819
PVH CORP	27,671	26,236
QUALCOMM INC	28,606	59,433
ROCKWELL AUTOMATION INC	35,312	65,235
S&P GLOBAL INC	29,072	62,767
SALESFORCE COM INC	28,216	102,923
STARBUCKS CORP	67,172	95,448
STERIS PLC REG SHS	10,872	20,446
TARGET CORP COM	17,424	56,008
TERADYNE INC	16,523	21,095
TETRA TECH INC NEW	21,640	60,788
TEXAS INSTRUMENTS	10,601	31,097
THERMO FISHER SCIENTIFIC INC	22,748	51,377
TJX COS INC NEW	34,857	60,812
T-MOBILE US INC SHS	32,713	25,864
TRACTOR SUPPLY CO	14,102	27,200
TRANE TECHNOLOGIES PLC	42,389	87,681
VERIZON COMMUNICATNS COM	66,039	63,807
VISA INC CL A SHRS	70,901	77,365
W W GRAINGER INCORP	14,849	27,467
WALMART INC	45,286	67,860
WASTE MANAGEMENT INC NEW	19,342	29,541
WATTS WATER TECH INC	14,094	23,300
WELLTOWER INC	55,855	55,493
WHIRLPOOL CORP	13,809	17,365
XYLEM INC SHS	26,245	45,090
ACCENTURE PLC SHS	25,726	84,154
ADOBE INC SHS	123,031	163,880
AIR PRODUCTS&CHEM	110,124	127,181
ALPHABET INC SHS CL C	108,946	416,677
AMERICAN TOWER REIT INC (HLDG CO) SHS	150,108	294,548
AMPHENOL CORP CL A NEW	123,166	239,815
AON PLC REG SHS	59,991	115,114
BALL CORP COM	100,374	114,946
COSTCO WHOLESALE CRP DEL	59,775	108,431
CROWN CASTLE REIT INC SHS	55,247	109,589
DANAHER CORP DEL COM	107,575	405,011
DOLLAR GENERAL CORP	102,809	298,325
ELECTRONIC ARTS INC DEL	63,228	84,020
FIDELITY NATL INFO SVCS INC	104,533	103,693
FISERV INC WISC PV 1CT	122,674	182,255
GARTNER INC	79,512	223,326
IDEX CORP DELAWARE COM	47,746	125,013
IHS MARKIT LTD SHS	88,166	209,482
INTERCONTINENTAL EXCHANGE INC	139,472	283,524
INTUIT INC COM	33,289	180,745
INTUITIVE SURGICAL INC NEW	47,640	74,375
LABORATORY CP AMER HLDGS	29,756	65,670
LAUDER ESTEE COS INC A	49,357	176,956
LINDE PLC REG SHS	114,668	230,030
LOWE'S COMPANIES INC	37,747	125,104
MARSH & MCLENNAN COS INC	91,711	215,015
MASTERCARD INC	150,829	365,429
MICROSOFT CORP	63,903	422,418
MONDELEZ INTERNATIONAL INC	49,206	76,190
MOODY'S CORP	36,300	48,432
NIKE INC CL B	48,737	130,503
O'REILLY AUTOMOTIVE INC	68,824	144,777
PEPSICO INC	48,901	80,428
S&P GLOBAL INC	35,116	72,677
SCHWAB CHARLES CORP NEW	42,227	107,143
STARBUCKS CORP	73,590	138,609
TE CONNECTIVITY LTD REG.SHS	49,841	87,608
TEXAS INSTRUMENTS	27,251	78,969
THERMO FISHER SCIENTIFIC INC	93,100	431,704
TJX COS INC NEW	177,941	291,988
VERISK ANALYTICS INC CLASS A	155,884	349,042
VISA INC CL A SHRS	142,466	346,519
XYLEM INC SHS	83,273	174,963
ZOETIS INC	80,286	352,135
INVESCO SOLAR ETF	433,129	307,880
TESLA INC	34,831	988,089

- TIN:

TY 2021 InvestmentsGovtObligationsSch

Name:

B Quest

c/o Kara Ballester

EIN:

47-5550417

US Government Securities - End of Year Book Value:

1,373,145

US Government Securities - End of Year Fair Market Value:

1,355,819

State & Local Government Securities - End of Year Book Value:

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

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

B Quest

c/o Kara Ballester

EIN:

47-5550417

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
Impact Science Ventures Fund I, LP	AT COST	259,920	259,920

- TIN:

TY 2021 OtherExpensesSchedule

Name:

B Quest

c/o Kara Ballester

EIN:

47-5550417

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Office Expense	966	0		966

- TIN:

TY 2021 OtherIncomeSchedule2

Name:

B Quest

c/o Kara Ballester

EIN:

47-5550417

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
Class action suit	491		491
Tax refund	34		34

- TIN:

TY 2021 OtherIncreasesSchedule

Name:

B Quest

c/o Kara Ballester

EIN:

47-5550417

Description	Amount
Grant reclassed to program related investment	169,334

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

B Quest

c/o Kara Ballester

EIN:

47-5550417

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Investment Management Fees	146,728	146,728		0
Grant Consulting Fees	141,904	0		141,904

- TIN:

TY 2021 TaxesSchedule

Name:

B Quest

c/o Kara Ballester

EIN:

47-5550417

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
State Tax Fees	150	0		150
Excise Tax	13,000	0		0