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 12-01-2021 , and ending 11-30-2022
Name of foundation
Garcia Family Foundation
 
% NANCY YOUNG
Number and street (or P.O. box number if mail is not delivered to street address)1720 W Rio Salado Pkwy Suite A
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Tempe, AZ85281
A Employer identification number

31-1490067
B Telephone number (see instructions)

(602) 778-5011
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$16,944,630J 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) 25,000,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 108,835 108,835  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 25,108,835 108,835  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 9,500 4,750 0 4,750
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
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 673 673    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 10,173 5,423 0 4,750
25 Contributions, gifts, grants paid....... 12,616,461 10,286,461
26 Total expenses and disbursements. Add lines 24 and 25 12,626,634 5,423 0 10,291,211
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 12,482,201
b Net investment income (if negative, enter -0-) 103,412
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............. 122,797 176,163 176,163
2 Savings and temporary cash investments......... 2,009,632 16,768,467 16,768,467
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,132,429 16,944,630 16,944,630
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 2,132,429 16,944,630
29 Total net assets or fund balances (see instructions)..... 2,132,429 16,944,630
30 Total liabilities and net assets/fund balances (see instructions). 2,132,429 16,944,630
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
2,132,429
2
Enter amount from Part I, line 27a .....................
2
12,482,201
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
14,614,630
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
14,614,630
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.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
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
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 1,437
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,437
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 2,924
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,924
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,487
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet1,487 RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see list of attachments....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see list of attachments....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.Click to see list of attachments
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)
    bulletAZ
    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 .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
    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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletNANCY YOUNG Telephone no.bullet (602) 778-5011

    Located atbullet1720 W RIO SALADO PKWY SUITE ATempeAZ ZIP+4bullet85281
    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)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
    Yes
     
    (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
     
    No
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    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
     
    No
    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
    JON EHLINGER PRESIDENT
    35.0     		0 0 0
    1720 W RIO SALADO PKWY
    SUITE A
    TEMPE,AZ85281
    JOANNE GARCIA DIRECTOR
    1.0     		0 0 0
    100 CRESCENT COURT
    SUITE 1100
    DALLAS,TX75201
    NANCY V YOUNG DIR, VP & TREASURER
    1.0     		0 0 0
    1720 W Rio Salado Pkwy Suite A
    Tempe,AZ85281
    STEVEN P JOHNSON DIR & SECRETARY
    1.0     		0 0 0
    1720 W Rio Salado Pkwy Suite A
    Tempe,AZ85281
    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
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    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 NOT APPLICABLE  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    18,983,340
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    18,983,340
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    18,983,340
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    284,750
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    18,698,590
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    934,930
    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
    934,930
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    1,437
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,437
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    933,493
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    933,493
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    933,493
    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 7 933,493
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:2019, 2018, 2017 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 613,464
    b From 2017...... 894,595
    c From 2018...... 2,271,966
    d From 2019...... 3,769,944
    e From 2020...... 11,316,652
    f Total of lines 3a through e ........ 18,866,621
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 10,291,211
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 933,493
    e Remaining amount distributed out of corpus 9,357,718
    5 Excess distributions carryover applied to 2021.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 28,224,339
    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......     		 
    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) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		613,464
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		27,610,875
    10 Analysis of line 9:
    a Excess from 2017.... 894,595
    b Excess from 2018.... 2,271,966
    c Excess from 2019.... 3,769,944
    d Excess from 2020.... 11,316,652
    e Excess from 2021.... 9,357,718
    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).)
    NA
    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.
    NA
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Garcia Family Foundation
    1720 W RIO SALADO PKWY SUITE A
    TEMPE,AZ85281
    JON.EHLINGER@GARCIAFAMILYFOUNDATIONAZ.ORG
    bThe form in which applications should be submitted and information and materials they should include:
    GARCIA FAMILY FOUNDATION ORGANIZATION NAME, ADDRESS, CONTACT PERSON, REQUESTED AMOUNT; SPECIFIC PROJECT OR PROGRAM NAME AND DESCRIPTION OF ORGANIZATION; PROJECT DESCRIPTION (INCLUDE INFORMATION ON PURPOSE, NEED, POPULATION SERVED, AND THE GEOGRAPHIC AREA); CURRENT OPERATING BUDGET SHOWING INCOME AND EXPENSES; SUMMARY OF PROJECT BUDGET SHOWING INCOME AND EXPENSES. PLEASE INCLUDE THE FOLLOWING ATTACHMENTS: - IRS DETERMINATION LETTER STATING ORGANIZATION QUALIFIES FOR 501(C)(3) TAX EXEMPTION AND IS NOT A PRIVATE FOUNDATION - LIST OF BOARD OF DIRECTORS AND THEIR AFFILIATIONS - LATEST ANNUAL REPORT - AUDITED FINANCIAL STATEMENT FOR MOST RECENT FISCAL YEAR
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    Arizona Community Foundation Inc
    2201 East Camelback Road Suite 405
    Phoenix,AZ85016     		N/A PC Donation To lead, serve and collaborate to mobilize enduring philanthropy for a better Arizona. 400,000
    Arizona Grantmakers Forum
    2201 East Camelback Road Suite 405
    phoenix,AZ85016     		N/A PC Donation transform Arizona through leadership and meaningful philanthropy. 9,461
    Boys & Girls Clubs Of Laguna Beach
    1085 Laguna Canyon Rd
    Laguna Beach,CA92651     		N/A PC Donation Funding in support of Art of Giving Gala event - supports the socio-emotional wellness of our young people by teaching skills necessary to promote resiliency. 5,000
    Chicanos Por La Causa Inc
    1112 East Buckeye Road
    Phoenix,AZ85034     		N/A PC Donation WORKFORCE RECOVERY 20,000
    Homeless Youth Connection Inc
    9950 West Van Buren Street
    Suite 114
    Avondale,AZ85323     		N/A PC Donation To provide support for testing different youth engagement and education strategies for employment opportunities 16,500
    Human Services Campus Inc
    230 South 12th Avenue
    Phoenix,AZ85007     		N/A PC Donation To use the power of collaboration to end homelessness. 2,000,000
    ICAN Improving Chandler Area Neighborhoods
    650 East Morelos Street
    Chandler,AZ85225     		N/A PC Donation To provide free, comprehensive programs that empower youth to be productive, self-confident, and responsible members of the community. 25,000
    Not My Kid Inc
    5230 East Shea Blvd
    Suite 100
    Scottsdale,AZ85254     		N/A PC Donation Empower and educate youth, families, and communities with the knowledge and courage to identify and prevent negative youth behavior. 10,000
    Saving Amy Inc
    3117 North 44th Street
    Phoenix,AZ85018     		N/A PC Donation Creating community, transforming lives, resolving homelessness 35,000
    St Joseph the Worker
    PO Box 13503
    Phoenix,AZ85002     		N/A PC Donation To provide tools, literally and metaphorically, to job seekers willing to work their way out of poverty or prevent it from happening in the first place. 17,000
    St Vincent De Paul Diocese Phoenix
    PO Box 13600
    Phoenix,AZ85002     		N/A PC Donation To fulfill needs of those experiencing homelessness 400,000
    UMOM New Day Centers Inc
    3333 East Van Buren Street
    Phoenix,AZ85008     		N/A PC Donation To prevent and end homelessness with innovative strategies and housing solutions that meet the unique needs of each family and individual. 535,000
    Arizona State University Foundation
    PO Box 2260
    Tempe,AZ85280     		N/A PC Donation GENERAL Scholarship PROGRAM AND FUNDING HUMAN SERVICES 400,000
    Marine Corps Scholarship Foundation Inc
    909 North Washington Street
    Suite 400
    Alexandria,VA22314     		N/A PC Donation Golf Tournament Sponsorship - to raise money for need-based scholarships to military children 25,000
    University of Arizona Foundation
    1111 North Cherry Ave
    Tuscon,AZ85721     		N/A PC Donation to fund Fostering Success program, scholarships, and Tucson Poverty Project 615,000
    Ability 360 Inc
    5025 E Washington St
    Ste 200
    Phoenix,AZ85034     		N/A PC Donation To expand 360Youth Pilot benefiting more youth with disabilities 95,000
    Arizona Housing Coalition
    1495 E Osborn Rd
    Phoenix,AZ85014     		N/A PC Donation To fund efforts to end homelessness and advocate for safe affordable homes for all Arizonans 250,000
    Arizona State University Foundation
    PO Box 2260
    Tempe,AZ85280     		N/A PC Donation To fund the Watts College of Public Service and Community Solution - 3 year homelessness project for Homeless Youth Data 250,000
    Boys Hope Girls Hope of Arizona
    3140 West Buckeye Road
    Phoenix,AZ85009     		N/A PC Donation To fund expenses under the Scholar Success Program - social/emotional support, counselling, extracurricular activities, academic fees, books, supplies and living essentials. 25,000
    Center for the Future of Arizona
    541 E Van Buren
    Suite B-5
    Phoenix,AZ85004     		N/A PC Donation To support the Stronger and Brighter Campaign bringing Arizonans together to create a stronger and brighter future for Arizona 50,000
    Earn to Learn
    4803 E 5th St
    Ste 215
    Tucson,AZ85711     		N/A PC Donation To provide funding for its scholarship program 165,000
    League for Innovation in the Community College
    2040 S Alma School Rd
    Chandler,AZ85286     		N/A PC Donation To support the Collective Workforce Development with Wraparound Services Initiative 533,000
    Phoenix Children's Hospital Foundation
    2929 E Camelback Rd
    122
    Phoenix,AZ85016     		N/A PC Donation To support the PCH Center for Resilience and Wellbeing program and the PCH Homeless Youth Outreach program 455,000
    Phoenix Public Library Foundation
    PO Box 3735
    Phoenix,AZ85030     		N/A PC Donation To further development and expansion of College Depot's outreach program promoting and/or obtaining apprenticeship opportunities for underserved and at-risk youth 40,000
    Prevent Child Abuse Arizona
    PO Box 26495
    Prescott Valley,AZ86312     		N/A PC Donation To provide funds to help accelerate the goals and work of the Collective Impact Initiative for Child wellbeing 75,000
    Solari Inc
    1275 W Washington St
    Ste 210
    Tempe,AZ85281     		N/A PC Donation To fund solutions that improve public access to local services and resources 50,000
    Trinity Opportunity Alliance
    11735 N Scottsdale Rd
    Scottsdale,AZ85254     		N/A PC Donation To support mission to partner with employers and youth serving agencies to provide young adults aging out of foster care opportunities for employment 16,500
    Valleywise Health Foundation
    2901 East Camelback Rd
    Phoenix,AZ85016     		N/A PC Donation to fund underwriting for the West Valley Comprehensive Health Clinic 75,000
    Year Up Inc
    45 Milk Street
    9th Floor
    Boston,MA02110     		N/A PC Donation to fund technology needs of the Arizona Year Up Participants 50,000
    Arizona Tennis Charities
    2801 E Camelback Rd Suite 470
    phoeniz,AZ85016     		N/A PC Donation Support of the 2022 Arizona Tennis Classic - proceeds from event will benefit Phoenix Children's Hospital 240,000
    Barrow Neurological Foundation
    2910 N 3rd Avenue Suite 450
    phoenix,AZ85013     		N/A PC Donation To advance medical care for brain and spine disorders through basic and clinical research, education of medical professionals, and innovation in clinical techniques and technology. 137,000
    BASIS Charter Schools Inc
    7975 N Hayden Rd Suite C240
    Scottsdale,AZ85258     		N/A PC Expand Basis Phoenix South Campus to add high school. To empower students to achieve at globally competitive levels 1,000,000
    Brophy College Preparatory
    4701 North Central Avenue
    Phoenix,AZ85012     		N/A PC Donation Support of the Golf Tournament fundraiser - proceeds from event used to help young men who lack the means to cover tuition. 3,000
    Circle the City
    300 W Clarendon Ave
    phoenix,AZ85013     		N/A PC Donation In support of the 10th Anniversary Celebration - to serve the growing number of men, women and children facing homelessness. 15,000
    Empower College Prep
    2411 W Colter St
    Phoenix,AZ85015     		N/A PC Donation To prepare students to succeed in college, solve real-world problems and maximize their impact in the world. 10,000
    Heard Museum
    2301 N Central Avenue
    Phoenix,AZ85004     		N/A PC Donation sponsor of Moondance 2002 fundraiser event 25,000
    Hutchinson Community College Endowment Association
    1300 N Plum
    Hutchinson,KS67501     		N/A PC Donation To enhance educational services provided by Hutchinson Community College. 5,000
    Junior League of Phoenix Inc
    2505 N Central Avenue
    Phoenix,AZ85004     		N/A PC Donation to support the network of women empowered as leaders to create sustainable community change. 5,000
    Native American Connections Inc
    4520 N Central Ave Suite 600
    Phoenix,AZ85012     		N/A PC Donation To provide funding for Surprise Homebase Youth Services shelter to help improve the quality of life and communities 1,000,000
    Pete C Garcia Victoria Foundation Inc
    1122 E Buckeye Road Suite B-5
    Phoenix,AZ85034     		N/A PC Donation To provide financial resource for Latinx students who aspired to achieve their post - secondary education. 5,000
    Phoenix Theatre Inc
    1825 N Central Avenue
    phoenix,AZ85004     		N/A PC Donation Sponsorship of Fundraising event 50,000
    Sponsors for Educational Opportunity Inc
    55 Exchange Place
    New York,NY10005     		N/A PC Donation Sponsorship of Annual Awards Dinner fundraiser. To raise funds for scholarships for low-income and first-generation- college families. 25,000
    Teen Lifeline Inc
    PO Box 10745
    Phoenix,AZ85064     		N/A PC Donation To prevent teen suicide by enhancing resiliency in youth and fostering supportive communities. 10,000
    TGen Foundation
    445 North Fifth Street Suite 120
    Phoenix,AZ85004     		N/A PC Donation Funding for research to translate scientific discoveries into clinical applications that include new diagnostic tests and effective treatments 1,000,000
    The Be Kind People Project Foundation
    10869 N Scottsdale Road 103-254
    Scottsdale,AZ85254     		N/A PC Donation Funding to provide comprehensive and effective academic, health, wellness and character education programming for students. 69,000
    Trellis
    1405 E McDowell Rd No 100
    Phoenix,AZ85006     		N/A PC Donation Funding for relocation of residents being evicted from the Periwinkle mobile home park 25,000
    Two Pups Wellness Foundation
    4130 North Marshall Way
    Scottsdale,AZ85251     		N/A PC Donation To help the animals and rescues that are in dire need in our community. 20,000
    Total .................................bullet 3a 10,286,461
    bApproved for future payment
    Brophy College Preparatory
    4701 North Central Avenue
    Phoenix,AZ85012     		N/A PC Donation Financial Aid Fund 40,000
    Arizona Latino Leaders in Education
    221 E Indianola Ave
    Phoenix,AZ85012     		N/A PC Donation Funding for social determinants of education in South Phoenix 800,000
    Arizona State University Foundation
    PO Box 2260
    Tempe,AZ85280     		N/A PC Donation 3 year homelessness project for Homeless Youth Data 500,000
    Earn to Learn
    4803 E 5th St Ste 215
    Tucson,AZ85711     		N/A PC Donation Support formerly homeless and foster youth 160,000
    University of Arizona
    1111 North Cherry avenue
    Tucson,AZ85721     		N/A PC Donation Homelessness Projects 80,000
    Valley Leadership Corporation
    7000 N 16th Street
    Phoenix,AZ85020     		N/A PC Donation Funding to promote and accelerate efforts on affordable housing 750,000
    Total .................................bullet 3b 2,330,000
    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 ...........     		         
    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    
    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) ..   108,835  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    108,835
    (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

    TY 2021 AccountingFeesSchedule
    Name:
    Garcia Family Foundation
    EIN:
    31-1490067
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 9,500 4,750   4,750

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

    TY 2021 DepreciationSchedule
    Name:
    Garcia Family Foundation
    EIN:
    31-1490067
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2021 ExplnOfNonFilingWithAGStmt
    Name:
    Garcia Family Foundation
    EIN:
    31-1490067
    Statement:
    For taxable years 2018 and after, tax exempt organizations no longer need to file copies of their federal form 990 with the state of Arizona.

    TY 2021 OtherExpensesSchedule
    Name:
    Garcia Family Foundation
    EIN:
    31-1490067
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES AND FEES 663 663    
    ACC ANNUAL REPORT 10 10    


    TY 2021 TaxesSchedule
    Name:
    Garcia Family Foundation
    EIN:
    31-1490067
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX