Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
The Springcreek Foundation
C/O Third Plateau Social Impact Strategi
Number and street (or P.O. box number if mail is not delivered to street address)127 University Avenue
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Berkeley, CA94710
A Employer identification number

68-0344778
B Telephone number (see instructions)

(510) 841-4123
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$20,901,488J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 534 534  
4 Dividends and interest from securities... 172,404 152,430  
5a Gross rents............ 1,977 1,977  
b Net rental income or (loss) -8,913
6a Net gain or (loss) from sale of assets not on line 10 816,034
b Gross sales price for all assets on line 6a 8,966,206
7 Capital gain net income (from Part IV, line 2)... 3,794,543
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment -8,401 -13,401  
12 Total. Add lines 1 through 11........ 982,548 3,936,083  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 3,340 0   0
b Accounting fees (attach schedule)....... Click to see attachment 9,000 2,700   6,300
c Other professional fees (attach schedule).... Click to see attachment 472,678 358,267   77,074
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 53,766 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 18,326 10,890   3,000
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 557,110 371,857   86,374
25 Contributions, gifts, grants paid....... 764,517 764,517
26 Total expenses and disbursements. Add lines 24 and 25 1,321,627 371,857   850,891
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -339,079
b Net investment income (if negative, enter -0-) 3,564,226
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............. 607,619 1,671,317 1,671,317
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet107,901
Less: allowance for doubtful accounts bullet     107,901 107,901
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.......... 26,698 16,764 16,764
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 0 Click to see attachment6,363,831 6,363,831
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).......... 17,223,212 Click to see attachment12,741,675 12,741,675
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment107,565 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 17,965,094 20,901,488 20,901,488
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment75,967
23 Total liabilities (add lines 17 through 22)......... 0 75,967
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........... 17,965,094 20,825,521
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 17,965,094 20,825,521
30 Total liabilities and net assets/fund balances (see instructions). 17,965,094 20,901,488
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
17,965,094
2
Enter amount from Part I, line 27a .....................
2
-339,079
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
3,199,506
4
Add lines 1, 2, and 3 ..........................
4
20,825,521
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
20,825,521
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 18   2018-07-19 2021-12-31
b Cloudera Inc   2012-12-31 2021-05-31
c Sumo Logic Inc   2019-05-01 2021-05-31
d Airbnb Inc   2010-04-30 2021-06-30
e Coinbase Global Inc   2017-08-03 2021-07-31
RSF SIF Note P 2010-09-30 2021-12-31
TIAA CREF   2021-04-30 2021-08-31
Global Fixed Income Fund 2013 P 2013-05-31 2021-04-30
Credit Suisse Commodity RTRN Strat Instl FD P 2017-02-28 2021-04-30
Capital Gains Dividends P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 523,121   24,801 498,320
b 13,657   3,470 10,187
c 85,081   10,880 74,201
d 1,573,106   16,788 1,556,318
e 68,790   2,301 66,489
107,901   102,640 5,261
237,970   234,886 3,084
5,139,422   4,358,567 780,855
292,549   417,330 -124,781
924,609     924,609
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       498,320
b       10,187
c       74,201
d       1,556,318
e       66,489
      5,261
      3,084
      780,855
      -124,781
      924,609
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 3,794,543
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 49,543
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 49,543
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 19,115
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 30,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 428 7 49,543
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.thespringcreekfoundation.org
    14
    The books are in care ofbulletThird Plateau Social Impact Strateg Telephone no.bullet (510) 841-4123

    Located atbullet127 University AvenueBerkeleyCA ZIP+4bullet94710
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
    Yes
     
    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
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Maud-Alison Long President/Director
    2.00     		0 0 0
    127 University Ave
    Berkeley,CA94710
    Marlis Corning Jansen V.P./Secretary/Treasurer
    2.00     		0 0 0
    127 University Ave
    Berkeley,CA94710
    Dion Griffin Chief Financial Officer
    1.00     		0 0 0
    127 University Ave
    Berkeley,CA94710
    Mark Grace Board Member
    2.00     		0 0 0
    127 University Ave
    Berkeley,CA94710
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Third Plateau Social Impact Strategies Foundation management 118,575
    127 University Avenue
    Berkeley,CA94710
    Sonen Capital Investment management 63,610
    456 Montgomery Street 400
    San Francisco,CA94104
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    18,001,274
    b
    Average of monthly cash balances.......................
    1b
    386,208
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    18,387,482
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    18,387,482
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    275,812
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    18,111,670
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    905,584
    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
    905,584
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    49,543
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    49,543
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    856,041
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    5,000
    5
    Add lines 3 and 4............................
    5
    861,041
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    861,041
    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 7 861,041
    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...... 61,455
    d From 2019......  
    e From 2020...... 28,400
    f Total of lines 3a through e ........ 89,855
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 850,891
    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..... 850,891
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 10,150 10,150
    (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 79,705
    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 ......     		79,705
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018.... 51,305
    c Excess from 2019....  
    d Excess from 2020.... 28,400
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    350 Bay Area
    PO Box 18762
    Oakland,CA94619     		None PC General Support 500
    Amherst College Trustees
    PO Box 5000
    Amherst,MA01002     		None PC Annual Fund 5,000
    Asian Art Museum Foundation of SF
    200 Larkin Street
    San Francisco,CA94102     		None PC General Support 1,000
    Ballet Sun Valley
    PO Box 555
    Sun Valley,ID83353     		None PC General Support 5,000
    Bat Conservation International
    500 North Capital of Texas HIghway
    Building 1
    Austin,TX78746     		None PC General Support 2,000
    Bemis Center for Contemporary Arts
    724 S 12th Street
    Omaha,NE68124     		None PC IHO Ree Kaneko 1,000
    Boise State Public Radio
    1910 University Drive
    Boise,ID83725     		None PC General Support 2,500
    Bolinas Museum
    48 Wharf Road PO Box 450
    Bolinas,CA94924     		None PC General Support 1,000
    Boulder Mountain Clayworks
    PO Box 3725
    Ketchum,ID83340     		None PC General Support 5,000
    California Film Institute
    1001 Lootens Place Suite 220
    San Rafael,CA94901     		None PC General Support 5,500
    Case Western Reserve University
    10900 Euclid Avenue
    Cleveland,OH44106     		None PC Ellen and Dixon Long Professorship 5,715
    Case Western Reserve University
    10900 Euclid Avenue
    Cleveland,OH44106     		None PC Ellen and Dixon Long Professorship 5,715
    Case Western Reserve University
    10900 Euclid Avenue
    Cleveland,OH44106     		None PC Ellen and Dixon Long Professorship 5,715
    Case Western Reserve University
    10900 Euclid Avenue
    Cleveland,OH44106     		None PC Ellen and Dixon Long Professorship 5,715
    Center for Biological Diversity
    PO Box 7109
    Tucson,AZ85702     		None PC Wildlife and Wild Places Defense Fund 2,000
    Chamber Music San Francisco
    1314 34th Avenue
    San Francisco,CA94122     		None PC General Support 3,500
    City of Ketchum
    PO Box 2315
    Ketchum,ID83340     		None PC Ketch'em Alive Summer Concert Series 5,000
    Cornell Lab of Ornithology
    159 Sapsucker Woods Road
    Ithaca,NY14850     		None PC General Support 500
    Corporation of the Fine Arts Museums
    50 Hagiwara Tea Garden Drive
    San Francisco,CA94118     		None PC General Support 2,500
    Crissy Field Dog Group Inc
    PO Box 10726
    San Rafael,CA94912     		None PC General Support 500
    Eagle Hill Foundation of Massachusetts
    PO Box 116
    Hardwick,MA01037     		None PC Annual Giving Fund 10,000
    Farm to Pantry
    331 1st Street
    Healdsburg,CA94558     		None PC General Support 1,000
    Festival Napa Valley
    1850 Soscol Avenue Suite 205
    Napa,CA94559     		None PC Leadership Circle 5,500
    Festival Napa Valley
    1850 Soscol Avenue Suite 205
    Napa,CA94559     		None PC General Support 5,500
    Festival Napa Valley
    1850 Soscol Avenue Suite 205
    Napa,CA94559     		None PC General Support 3,000
    Flourish Foundation
    PO Box 2429
    Ketchum,ID83340     		None PC General Support 10,000
    Foundation for Nation Progress
    PO Box 584
    San Francisco,CA83340     		None PC Support Mother Jones magazine 500
    Friends of Corte Madera Creek Watershed
    PO Box 415
    Larkspur,CA94977     		None PC General Support 1,000
    Friends of Corte Madera Creek Watershed
    PO Box 415
    Larkspur,CA94977     		None PC General Support 107
    Golden Gate National Parks Conservancy
    Fort Mason Building 201
    San Francisco,CA94123     		None PC General Support 1,000
    Grace Cathedral
    1100 California Street
    San Francisco,CA94108     		None PC General Support 1,000
    Hardin Jefferson Hunger Initiative
    115 Hwy 90 East
    China,TX77613     		None PC General Support 2,000
    Harvard Magazine Inc
    7 Ware Street
    Cambridge,MA02138     		None PC General Support 500
    Healdsburg Education Foundation
    PO Box 1668
    Healdsburg,CA95448     		None PC General Support 5,000
    Higher Ground
    PO Box 6791
    Ketchum,ID83340     		None PC General Support 2,000
    Idaho BaseCamp
    PO Box 183
    Ketchum,ID83340     		None PC General Support 5,000
    Idaho Conservation League
    PO Box 844
    Boise,ID83701     		None PC General Support 1,000
    Inquiring Systems Inc
    101 Brookwood Avenue Suite 204
    Santa Rosa,CA95404     		None PC Soil Centric Project 10,000
    Inquiring Systems Inc
    101 Brookwood Avenue Suite 204
    Santa Rosa,CA95404     		None PC Soil Centric Project 1,000
    Island Press
    700 12th StreetNW Suite 700 PMB
    Washington,DC20005     		None PC General Support 500
    KDFC Radio
    200 Van Ness Suite 219
    San Francisco,CA94102     		None PC General Support 500
    KDFC San Francisco Classical
    201 3rd Street Suite 1200
    San Francisco,CA94103     		None PC General Support 1,000
    KPFA
    1929 Martin Luther King Jr Way
    Berkeley,CA94704     		None PC General Support 1,000
    KQED
    2601 Mariposa Street
    San Francisco,CA94110     		None PC General Support 1,000
    KQED
    2601 Mariposa Street
    San Francisco,CA94110     		None PC General Support 2,000
    KQED
    2601 Mariposa Street
    San Francisco,CA94110     		None PC General Support 3,000
    Marin Agricultural Land Trust
    PO Box 809
    Pt Reyes Station,CA94956     		None PC General Support 1,000
    Marin Audobon Society Incorporated
    PO Box 599
    Mill valley,CA94942     		None PC General Support 2,000
    Marin Audobon Society Incorporated
    PO Box 599
    Mill valley,CA94942     		None PC General Support 500
    Marin County Bicycle Coalition
    PO Box 1115
    Fairfax,CA94978     		None PC General Support 1,000
    Moab Music Festival Inc
    58 East 300 South
    Moab,UT84532     		None PC General Support 5,000
    Moab Music Festival Inc
    58 East 300 South
    Moab,UT84532     		None PC MMF Commissioning Club, IMO Millicent Tomkins 500
    Moab Music Festival Inc
    58 East 300 South
    Moab,UT84532     		None PC MMF Commissioning Club, IMO Millicent Tomkins 5,000
    Moab Music Festival Inc
    58 East 300 South
    Moab,UT84532     		None PC General Support 5,000
    National Parks and Conservation Association
    777 6th Street
    Washington,DC20001     		None PC General Support 1,000
    National Wildlife Federation
    11100 Wildlife Center Drive
    Reston,VA20190     		None PC General Support 500
    NatureBridge
    1033 Fort Cronkhite
    Sausalito,CA94965     		None PC General Support 5,000
    NatureBridge
    1033 Fort Cronkhite
    Sausalito,CA94965     		None PC General Support 15,000
    Neil Cummins Parent Teacher Organization
    58 Mohawk Avenue
    Corte Madera,CA94925     		None PC Corte Madera Neil Cummins Habitat Restoration Project 1,000
    New Dramatists Inc
    424 West 44th Street
    New York,NY10036     		None PC General Support 977
    New Dramatists Inc
    424 West 44th Street
    New York,NY10036     		None PC General Support 977
    New Dramatists Inc
    424 West 44th Street
    New York,NY10036     		None PC General Support 977
    New Dramatists Inc
    424 West 44th Street
    New York,NY10036     		None PC General Support 977
    New Venture Fund
    1828 L Street NW Suite 300-A
    Washington,DC20036     		None PC Voting Rights Lab 2,000
    NRDC
    40 West 20th Street 11th Floor
    New York,NY10011     		None PC General Support 4,000
    OPAL Community Land Trust
    286 Enchanted Forest Road
    Eastsound,WA98245     		None PC General Support 4,000
    Pacific Forest Trust Inc
    1001-A OReilly Avenue
    San Francisco,CA94129     		None PC General Support 1,000
    Pacific Forest Trust Inc
    1001-A OReilly Avenue
    San Francisco,CA94129     		None PC General Support 5,000
    Planned Parenthood Northern California
    2185 Pacheco Street
    Concord,CA94540     		None PC General Support 1,000
    Planned Parenthood Northern California
    2185 Pacheco Street
    Concord,CA94540     		None PC General Support 500
    Planned Parenthood Northern California
    2185 Pacheco Street
    Concord,CA94540     		None PC General Support 5,000
    Point Blue Conservation Science
    3820 Cypress Drive Suite 11
    Petaluma,CA94954     		None PC General Support 2,000
    Public Health Institute
    555 12th Street 10th Floor
    Oakland,CA94607     		None PC Roots of Change 1,000
    Radcliffe Institute for Advanced Study
    10 Garden Street
    Cambridge,MA02138     		None PC General Support 1,000
    Resource Renewal Institute
    187 East Blithedale Avenue
    Mill Valley,CA94941     		None PC General Support 5,000
    Saint Thomas Episcopal Church
    PO Box 1070
    Sun Valley,ID83353     		None PC St. Thomas Playhouse-General Support 5,000
    San Francisco Ballet Association
    455 Franklin Street 3rd Floor
    San Francisco,CA94102     		None PC General Support 3,000
    San Francisco Museum of Modern Art
    151 Third Street
    San Francisco,CA94103     		None PC General Support 2,000
    San Francisco Opera Association
    301 Van Ness
    San Francisco,CA94102     		None PC General Support 10,000
    San Francisco Symphony
    201 Van Ness Avenue
    San Francisco,CA94102     		None PC General Support 3,000
    Sawtooth Botanical Garden Inc
    PO Box 928
    Ketchum,ID83340     		None PC General Support 5,000
    Sawtooth Society
    PO Box 820
    Hailey,ID83333     		None PC General Support 5,000
    SF-Marin Food Bank
    900 Pennsylvania Avenue
    San Francisco,CA94107     		None PC General Support 2,000
    SF-Marin Food Bank
    900 Pennsylvania Avenue
    San Francisco,CA94107     		None PC General Support-Matching Grant 1,000
    SF-Marin Food Bank
    900 Pennsylvania Avenue
    San Francisco,CA94107     		None PC General Support-Matching Grant 1,000
    SheCan
    PO Box 876
    Mill Valley,CA94942     		None PC General Support 2,000
    Sheldrick Wildlife Trust USA
    25283 Cabot Road Suite 101
    Laguna Hills,CA92653     		None PC General Support 1,000
    Spur Community Foundation
    PO Box 6184
    Ketchum,ID83340     		None PC Warm Springs Preserve Fund 150,000
    Sun Valley Community School
    POBox 2118
    Sun Valley,ID83353     		None PC General Support 5,000
    Sun Valley Culinary Institute
    PO Box 3088
    Sun Valley,ID83353     		None PC General Support 10,000
    Sun Valley Institute for Resilience
    PO Box 5569
    Ketchum,ID83340     		None PC Support Local Food Alliance 15,000
    Sun Valley Institute for Resilience
    PO Box 5569
    Ketchum,ID83340     		None PC Support Local Food Alliance 2,000
    Sun Valley Institute for Resilience
    PO Box 5569
    Ketchum,ID83340     		None PC Support Local Food Alliance 20,000
    Sun Valley Institute for Resilience
    PO Box 5569
    Ketchum,ID83340     		None PC Support Local Food Alliance 20,000
    Sun Valley Institute for Resilience
    PO Box 5569
    Ketchum,ID83340     		None PC Support Local Food Alliance 20,000
    Sun Valley Institute for Resilience
    PO Box 5569
    Ketchum,ID83340     		None PC Support Local Food Alliance 20,000
    Sun Valley Institute for Resilience
    PO Box 5569
    Ketchum,ID83340     		None PC Support Local Food Alliance 500
    Sun Valley Museum of Art
    PO Box 656
    Sun Valley,ID83353     		None PC General Support 5,000
    Sun Valley Museum of Art
    PO Box 656
    Sun Valley,ID83353     		None PC Platinum Guardian 5,000
    Sun Valley Museum of Art
    PO Box 656
    Sun Valley,ID83353     		None PC Wine Auction Vintners Dinner 740
    Syringa Mountain School
    4021 Glenbrook Drive
    Hailey,ID83333     		None PC General Support 10,000
    Tamalpais-Strawberry Preschools Inc
    PO Box 1012
    Mill Valley,CA94942     		None PC General Support 10,000
    Tamalpais-Strawberry Preschools Inc
    PO Box 1012
    Mill Valley,CA94942     		None PC General Support 5,000
    The Advocates
    PO Box 3216
    Hailey,ID83333     		None PC General Support 5,000
    The Argyros
    120 Main Street South
    Ketchum,ID08340     		None PC General Support 5,000
    The Conversation US
    303 Wyman Street Suite 300
    Waltham,MA02451     		None PC General Support 500
    The Hunger Coalition
    121 Honeysuckle Street
    Bellevue,ID83313     		None PC General Support 5,000
    The Leakey Foundation
    1003-B OReilly Avenue
    San Francisco,CA94129     		None PC General Support 5,000
    The Leakey Foundation
    1003-B OReilly Avenue
    San Francisco,CA94129     		None PC General Support 6,500
    The Leakey Foundation
    1003-B OReilly Avenue
    San Francisco,CA94129     		None PC General Support 10,000
    The Leakey Foundation
    1003-B OReilly Avenue
    San Francisco,CA94129     		None PC General Support 5,940
    The MAVEN Project
    PO Box 156781
    San Francisco,CA94115     		None PC General Support 1,000
    The Philanthropy Workshop
    220 Montgomery Street Suite 1611
    San Francisco,CA94105     		None PC Membership 10,000
    The Senior Connection
    PO Box 28
    Hailey,ID83333     		None PC General Support 5,000
    The Senior Connection
    PO Box 28
    Hailey,ID83333     		None PC General Support 5,000
    The Spot Sun Valley
    PO Box 4227
    Ketchum,ID83340     		None PC General Support 5,000
    The Spot Sun Valley
    PO Box 4227
    Ketchum,ID83340     		None PC General Support 942
    The Stone Age Institute
    PO Box 5097
    Bloomington,IN47407     		None PC General Support 10,000
    The Xerces Society
    PO Box 97387
    Washington,DC20090     		None PC General Support 2,000
    The Xerces Society
    PO Box 97387
    Washington,DC20090     		None PC General Support 700
    Trust for Public Land
    101 Montgomery Street Suite 900
    San Francisco,CA94104     		None PC General Support 1,000
    Turtle Island Restoration Network
    PO Box 370
    Forest Knolls,CA94933     		None PC General Support 2,000
    UC Davis Foundation
    150 Mark Hall One Shields Avenue
    Davis,CA95616     		None PC Support the Honey and Pollination Center 50,000
    Valley of the Moon Music Festival
    PO Box 538
    Sonoma,CA95476     		None PC General Support 5,000
    Walnut Hills High School Alumni Fdn
    3250 Victory Parkway
    Cincinnati,OH45207     		None PC General Support 1,000
    Western Reserve Academy
    115 College Street
    Hudson,OH44236     		None PC Maintenance of Long House 4,080
    Western Reserve Academy
    115 College Street
    Hudson,OH44236     		None PC Maintenance of Long House 4,080
    Western Reserve Academy
    115 College Street
    Hudson,OH44236     		None PC Maintenance of Long House 4,080
    Western Reserve Academy
    115 College Street
    Hudson,OH44236     		None PC Maintenance of Long House 4,080
    Wild Farm Alliance
    PO Box 2570
    Watsonville,CA95077     		None PC General Support 10,000
    Wildcare
    76 Albert Park Lane
    San Rafael,CA94901     		None PC General Support 2,000
    Wildcare
    76 Albert Park Lane
    San Rafael,CA94901     		None PC Hungry Owl Project 1,000
    Wildcare
    76 Albert Park Lane
    San Rafael,CA94901     		None PC General Support 2,000
    Wildlife Conservation Network
    209 Mississippi Street
    San Francisco,CA94107     		None PC MaraCet Research Organization 2,000
    Wildlife Conservation Network
    209 Mississippi Street
    San Francisco,CA94107     		None PC Elephant Crisis Fund 2,000
    Wildlife Conservation Network
    209 Mississippi Street
    San Francisco,CA94107     		None PC Grevy's Zebra Trust 2,000
    Wildlife Conservation Network
    209 Mississippi Street
    San Francisco,CA94107     		None PC Ewaso Lion Project 2,000
    Wildlife Conservation Network
    209 Mississippi Street
    San Francisco,CA94107     		None PC Ewaso Lion Project 1,000
    Wildlife Conservation Network
    209 Mississippi Street
    San Francisco,CA94107     		None PC Elephant Crisis Fund 1,000
    Wildlife Conservation Network
    209 Mississippi Street
    San Francisco,CA94107     		None PC Grevy's Zebra Trust 2,000
    Wildlife Conservation Network
    209 Mississippi Street
    San Francisco,CA94107     		None PC CA Wildlife Conservation Program 5,000
    Wildlife Conservation Network
    209 Mississippi Street
    San Francisco,CA94107     		None PC Ewaso Lion Project 2,000
    Wildlife Conservation Network
    209 Mississippi Street
    San Francisco,CA94107     		None PC Grevy's Zebra Trust 1,000
    Wood River Women's Charitable Foundation
    PO Box 3686
    Ketchum,ID83340     		None PC General Support 1,100
    Woodside Priory School
    302 Portola Road
    Portola Valley,CA94028     		None PC General Support 5,000
    Woodside Priory School
    302 Portola Road
    Portola Valley,CA94028     		None PC General Support 6,400
    Working Dogs for Conservation
    PO Box 280
    Boxeman,MT59771     		None PC General Support 1,000
    World Wildlife Fund Inc
    1250 24th St NW
    Washington,DC20037     		None PC General Support 2,500
    Total .................................bullet 3a 764,517
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 534  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property...... 531120 -8,913      
    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 ............     		    18 816,034  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aRecovered Grants     		900099       5,000
    bOther K-1 Income 900099   14 -13,401  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. -8,913 958,040 22,531
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    971,658
    (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.)
    11 Refunded grant
    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:  
    Part VI Line 7 - Tax Paid with the Original Return: 428


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    The Springcreek Foundation
     
    C/O Third Plateau Social Impact Strategi
    EIN:
    68-0344778
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting and auditing 9,000 2,700   6,300

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    The Springcreek Foundation
     
    C/O Third Plateau Social Impact Strategi
    EIN:
    68-0344778
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Access Capital Community Investment 919,164 919,164
    TIAA-CREF Corre Impact Bond-Institutional 2,173,359 2,173,359
    Brandywine 2,270,049 2,270,049
    Birch Creek Credit Value Fund 264,555 264,555
    MEARF 118,604 118,604
    Fairview EM Fund 618,100 618,100

    TY 2021 InvestmentsOtherSchedule2
    Name:
    The Springcreek Foundation
     
    C/O Third Plateau Social Impact Strategi
    EIN:
    68-0344778
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Ecosystem Investment Partnership II LP FMV 39,801 39,801
    Global Public Equity Fund 2013 FMV 4,882,751 4,882,751
    Lyme Forest Fund III TE, LP FMV 49,454 49,454
    Sonen Global Multi Strategy Fund FMV 1,884,727 1,884,727
    Sonen Global Sustainable Real Assets Fund FMV 710,333 710,333
    Springcreek Hedge Fund II, L.P. FMV 2,859 2,859
    Springcreek Priv. Equity FOF 2007, L.P. FMV 129,607 129,607
    Springcreek Private Equity Fund FMV 17,957 17,957
    Springcreek Venture I, L.P. FMV 225,733 225,733
    Springcreek Venture IV, L.P. FMV 161,390 161,390
    WHC Venture 2009-1 (Greylock Ptrs XII) FMV 889,975 889,975
    WHC Venture 2013 LP FMV 2,386,147 2,386,147
    WHC Venture 2016 LP FMV 980,767 980,767
    WHC Venture 2020 LP FMV 380,174 380,174

    TY 2021 LegalFeesSchedule
    Name:
    The Springcreek Foundation
     
    C/O Third Plateau Social Impact Strategi
    EIN:
    68-0344778
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal expenses 3,340 0   0


    TY 2021 OtherAssetsSchedule
    Name:
    The Springcreek Foundation
     
    C/O Third Plateau Social Impact Strategi
    EIN:
    68-0344778
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    RSF Investment 107,565 0 0


    TY 2021 OtherExpensesSchedule
    Name:
    The Springcreek Foundation
     
    C/O Third Plateau Social Impact Strategi
    EIN:
    68-0344778
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Miscellaneous expenses 7,436 0   3,000
    K-1 Rental Loss 10,890 10,890   0


    TY 2021 OtherIncomeSchedule2
    Name:
    The Springcreek Foundation
     
    C/O Third Plateau Social Impact Strategi
    EIN:
    68-0344778
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Recovered Grants 5,000   5,000
    Other K-1 Income -13,401 -13,401 -13,401


    TY 2021 OtherIncreasesSchedule
    Name:
    The Springcreek Foundation
     
    C/O Third Plateau Social Impact Strategi
    EIN:
    68-0344778
    Description Amount
    Unrealized gains on investments 3,125,731
    PY adjustment to FMV 73,775


    TY 2021 OtherLiabilitiesSchedule
    Name:
    The Springcreek Foundation
     
    C/O Third Plateau Social Impact Strategi
    EIN:
    68-0344778
    Description Beginning of Year - Book Value End of Year - Book Value
    Deferred tax liability 0 75,967


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    The Springcreek Foundation
     
    C/O Third Plateau Social Impact Strategi
    EIN:
    68-0344778
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Other professional services 119,415 41,501   77,074
    Other investment expense 353,263 316,766   0


    TY 2021 TaxesSchedule
    Name:
    The Springcreek Foundation
     
    C/O Third Plateau Social Impact Strategi
    EIN:
    68-0344778
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise tax on investment income 53,766 0   0