Form990-PF
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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 07-01-2021 , and ending 06-30-2022
Name of foundation
THE ANGELL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)11150 W OLYMPIC BLVD 910
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LOS ANGELES, CA90064
A Employer identification number

01-0789717
B Telephone number (see instructions)

(310) 475-9700
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$147,279,259J 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) 4,233,759
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,809,353 1,714,868  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 11,803,341
b Gross sales price for all assets on line 6a 32,959,912
7 Capital gain net income (from Part IV, line 2)... 11,803,341
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 -114,719    
12 Total. Add lines 1 through 11........ 17,731,734 13,518,209  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 600,000 175,000   425,000
14 Other employee salaries and wages...... 266,958     266,958
15 Pension plans, employee benefits....... 164,141 27,696   140,401
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 81,821 40,911    
c Other professional fees (attach schedule).... Click to see attachment 784,746 667,898   116,848
17 Interest............... 798      
18 Taxes (attach schedule) (see instructions)... Click to see attachment 290,964 183,302    
19 Depreciation (attach schedule) and depletion... Click to see attachment 377    
20 Occupancy.............. 147,599     147,599
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 203,140 159,803   31,807
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,540,544 1,254,610   1,128,613
25 Contributions, gifts, grants paid....... 6,977,000 6,977,000
26 Total expenses and disbursements. Add lines 24 and 25 9,517,544 1,254,610   8,105,613
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 8,214,190
b Net investment income (if negative, enter -0-) 12,263,599
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............. 14,937,124 13,676,098 13,675,666
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 37,407 37,407 37,407
10a Investments—U.S. and state government obligations (attach schedule) 8,656,836 Click to see attachment4,824,933 4,604,464
b Investments—corporate stock (attach schedule)....... 64,644,337 Click to see attachment62,226,568 73,135,090
c Investments—corporate bonds (attach schedule)....... 3,252,142 Click to see attachment2,480,015 2,274,702
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 25,649,620 Click to see attachment40,476,304 52,273,653
14 Land, buildings, and equipment: basis bullet157,759
Less: accumulated depreciation (attach schedule) bullet155,876   Click to see attachment1,883 1,883
15 Other assets (describe bullet) Click to see attachment1,158,455 Click to see attachment1,276,394 Click to see attachment1,276,394
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 118,335,921 124,999,602 147,279,259
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 attachment96,786 Click to see attachment107,696
23 Total liabilities (add lines 17 through 22)......... 96,786 107,696
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 118,239,135 124,891,906
29 Total net assets or fund balances (see instructions)..... 118,239,135 124,891,906
30 Total liabilities and net assets/fund balances (see instructions). 118,335,921 124,999,602
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
118,239,135
2
Enter amount from Part I, line 27a .....................
2
8,214,190
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
18,603
4
Add lines 1, 2, and 3 ..........................
4
126,471,928
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,580,022
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
124,891,906
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 915 SHS WARBY PARKER INC P 2021-11-17 2021-11-23
b NET CAP G/L-IBEX ISRAEL FD P   2021-12-31
c NET CAP G/L-CYGNUS III P   2021-12-31
d BAY RESOURCES PTRS OFFSHORE FD P 2006-12-27 2022-01-11
e 1860 WILLIAM LYON HOMES P 2014-11-03 2022-06-30
527 SHS INTUIT P 2016-06-22 2021-09-13
NET CAP G/L-LAZARUS ISRAEL P   2021-12-31
NET CAP G/L-CYGNUS STRATEGIC FD IV P   2021-12-31
BROAD BAY OFFSHORE P 2019-01-30 2021-07-28
CAPITAL GAIN FROM POPLAR FOREST P   2021-12-31
617 SHS ROBLOX CORP P 2018-06-19 2021-10-05
NET CAP G/L-IBEX INV HLDGS-D P   2021-12-31
NET CAP G/L-CYGNUS PROP VI P   2021-12-31
TIGER VEDA P 2006-12-27 2022-02-15
2058 SHS WERBY PARKER INC P 2013-12-17 2021-11-18
NET CAP G/L-IBEX ISR FD I-IBEX GP-D P   2021-12-31
NET CAP G/L-SUBURBAN PROPANE P   2021-12-31
TOURMALET MATAWIN IX P 2019-09-19 2022-02-04
PRIN PMT-ISHARES SILVER TR P   2021-12-31
NET CAP G/L-IBEX INV HLDGS 2-D P   2021-12-31
NET CAP G/L-OPPEN ACTIVIST PTRS P   2021-12-31
TOURMALET MATAWIN X P 2020-05-11 2022-02-17
382 SHS ROBLOX CORP P 2018-06-19 2022-01-31
NET CAP G/L-IBEX ISR FD-IBEX GP-D P   2021-12-31
NET CAP G/L-ASH VI P   2021-12-31
1000 COSTCO P 2022-01-14 2022-03-18
17608 SHS MEITUAN DIANPING P 2017-08-16 2022-04-12
NET CAP G/L-IBEX DRIVERLESS FD-D P   2021-12-31
1.057 SH POPLAR FOREST PTR P 2013-07-01 2022-01-07
10 CALLS COSTCO EXP 3/4/22 P 2022-03-04 2022-03-03
16641 SHS TOAST INC P 2019-03-27 2022-06-02
NET CAP G/L-TIGER GLOBAL IV P   2021-12-31
20000 HERCULES CA REDEV AGY P 2013-12-24 2022-05-31
15000 MBIA INC P   2022-01-13
2500 SHS ABBVIE P 2020-12-17 2021-12-10
NET CAP G/L-TIGER GLOBAL VII P   2021-12-31
SHORT-TERM CAP G/L THRU US BK-SCH1 P   2022-06-30
0.51 WARNER BROS P   2022-04-11
10000 SHS CORENERGY INFRSTRCTR P 2018-08-17 2021-08-06
NET CAP G/L-TIGER GLOBAL PIP IX P   2021-12-31
LONG-TERM CAP G/L THRU US BK, SCH 1 P   2022-06-30
450 FIDELITY FUNDS TREASURY ONLY P 2018-02-16 2022-03-01
10000 SHS BRIGHTHOUSE FINL 6.6% PFD P 2019-03-18 2021-07-02
NET CAP G/L-TIGER GLOBAL PIP X P   2021-12-31
LONG-TERM CAP G/L - CNB2510, SCH 2 P   2022-06-30
10000 NATUS MEDICAL P   2022-04-18
375000 FONTANA CA PUB P 2010-11-23 2021-11-22
NET CAP G/L-TIGER GLOBAL PIP IX HLDS P   2021-12-31
SHORT-TERM CAP G/L - CNB4710 SCH 3 P   2022-06-30
1000 COSTCO P 2021-01-19 2021-12-10
20000 HERCULES CA REDEV AGY P 2013-12-24 2021-08-02
NET CAP G/L-TIGER GLOBAL PIP XI P   2021-12-31
LONG-TERM CAP G/L - CNB4710 SCH 3 P   2022-06-30
0.616 BARFRESH FOOD GROUP P 2021-12-30 2021-12-30
NET CAP G/L-IBEX MICROCAP FD P   2021-12-31
NET CAP G/L-TIGER GLOBAL PIP XII P   2021-12-31
GOLDMAN SACHS - SHORT-TERM P   2021-12-31
5000 OIL SEARCH LTD P   2021-12-30
NET CAP G/L-IBEX MICROCAP FD 2 P   2021-12-31
NET CAP G/L-GMT EXPLORATION P   2021-12-31
GOLDMAN SACHS - LONG-TERM P   2021-12-31
10000 TARGA RESOURCES P   2021-08-27
(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 47,589   54,443 -6,854
b 4,832,173     4,832,173
c 52,454     52,454
d 13,918     13,918
e     1,619 -1,619
293,307   71,943 221,364
23,476     23,476
61,685     61,685
1,199,341   1,078,312 121,029
281,538     281,538
45,025   2,795 42,230
    11 -11
16,831     16,831
144     144
110,257   11,257 99,000
19,080     19,080
43     43
489,900   210,450 279,450
1,117   1,117  
1,091,965     1,091,965
414,263     414,263
435,000   270,500 164,500
24,771   1,730 23,041
51,777     51,777
23,702     23,702
555,029   507,217 47,812
343,439   87,546 255,893
    4,418 -4,418
57   41 16
5,207     5,207
285,466   78,730 206,736
    5,397 -5,397
20,000   19,735 265
249,050   186,204 62,846
313,616   261,529 52,087
16,471     16,471
3,133,607   3,496,183 -362,576
12   17 -5
241,079   249,666 -8,587
8,215     8,215
7,119,236   5,075,919 2,043,317
449,986   450,002 -16
283,546   250,000 33,546
377,593     377,593
1,607,102   1,009,652 597,450
335,192   110,722 224,470
375,000   384,005 -9,005
265,719     265,719
850,905   866,292 -15,387
558,395   354,505 203,890
20,000   19,735 265
102,514     102,514
5,118,179   5,183,186 -65,007
4     4
    125,115 -125,115
29,981     29,981
76,287     76,287
70,153   64,553 5,600
    170,878 -170,878
    2,970 -2,970
168,223     168,223
451,293   488,177 -36,884
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       -6,854
b       4,832,173
c       52,454
d       13,918
e       -1,619
      221,364
      23,476
      61,685
      121,029
      281,538
      42,230
      -11
      16,831
      144
      99,000
      19,080
      43
      279,450
       
      1,091,965
      414,263
      164,500
      23,041
      51,777
      23,702
      47,812
      255,893
      -4,418
      16
      5,207
      206,736
      -5,397
      265
      62,846
      52,087
      16,471
      -362,576
      -5
      -8,587
      8,215
      2,043,317
      -16
      33,546
      377,593
      597,450
      224,470
      -9,005
      265,719
      -15,387
      203,890
      265
      102,514
      -65,007
      4
      -125,115
      29,981
      76,287
      5,600
      -170,878
      -2,970
      168,223
      -36,884
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 11,803,341
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 3 302,146
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........................... 3 170,464
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- ..... 5 170,464
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 105,503
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 50,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 155,503
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 622
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 15,583
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$   (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 changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletANGELLFOUNDATION.ORG
    14
    The books are in care ofbulletPERRY ORETZKY Telephone no.bullet (310) 475-9700

    Located atbullet11150 W OLYMPIC BLVD STE 915LOS ANGELESCA ZIP+4bullet90064
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
     
    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
    PERRY ORETZKY PRESIDENT/SE
    000.00     		350,000 40,966 0
    11150 W OLYMPIC BLVD 915
    LOS ANGELES,CA90064
    ANGEL ROBERSON DANIELS V-PRESIDENT
    000.00     		250,000 32,255 0
    11150 W OLYMPIC BLVD 910
    LOS ANGELES,CA90064
    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 5
    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
    VOYAGER MGMT LLC INVESTMENT SERV 315,835
    11111 SANTA MONICA BLVD STE 1800
    LOS ANGELES,CA90025
    CAMBIAR INVESTORS INVESTMENT SERV 188,729
    200 COLUMBINE STREET 800
    DENVER,CO80206
    ARISTOTLE CAPITAL MGMT INVESTMENT SERV 91,250
    11111 SANTA MONICA BLVD STE 1700
    SANTA MONICA,CA90025
    HYATT GIDLOW & COMPANY CPAS CPA SERVICES 75,094
    415 21ST STREET
    HUNTINGTON BEACH,CA92648
    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 N/A  
    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
    154,234,138
    b
    Average of monthly cash balances.......................
    1b
    15,964,610
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,197,871
    d
    Total (add lines 1a, b, and c).........................
    1d
    171,396,619
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    171,396,619
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    2,570,949
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    168,825,670
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    8,441,284
    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
    8,441,284
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    170,464
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    170,464
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    8,270,820
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    8,270,820
    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
    8,270,820
    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 8,270,820
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 259,178
    b From 2017...... 382,873
    c From 2018...... 213,565
    d From 2019...... 317,470
    e From 2020......  
    f Total of lines 3a through e ........ 1,173,086
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 8,105,613
    a Applied to 2020, but not more than line 2a  
    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..... 8,105,613
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021. 165,207 165,207
    (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 1,007,879
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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 ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    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) ...     		93,971
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		913,908
    10 Analysis of line 9:
    a Excess from 2017.... 382,873
    b Excess from 2018.... 213,565
    c Excess from 2019.... 317,470
    d Excess from 2020....  
    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 e-mail address of the person to whom applications should be addressed:
    PERRY ORETZKY
    11150 W OLYMPIC BLVD 910
    LOS ANGELES,CA90064
    (310) 475-9700
    bThe form in which applications should be submitted and information and materials they should include:
    INITIAL CONTACT LETTER
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE LIMITED TO AREAS OF FOCUS FOUND IN THE MISSION STATEMENT: FOOD SECURITY, POST-SECONDARY SUCCESS AND CAREER READINESS, AND SPIRITUALITY/TRANSFORMATIONAL LEADERSHIP IN SOUTHERN CALIFORNIA AND NEW ENGLAND.
    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
    ALLIANCE FOR CHILDREN'S RIGHTS
    3333 WILSHIRE BLVD 550
    LOS ANGELES,CA90010     		NONE PC EDUCATION AS OPPORTUNITY 75,000
    ANTI-RECIDIVISM COALITION
    1320 E 7TH ST 260
    LOS ANGELES,CA90021     		NONE PC EDUCATION AS OPPORTUNITY 75,000
    BOSTON PRIVATE INDUSTRY COUNCIL
    BOSTON OPPORTUNITY YOUTH COLLABORATIVE
    2 OLIVER STREET 3RD FL
    BOSTON,MA02109     		NONE PC EDUCATION AS OPPORTUNITY 75,000
    FDN FOR CA COMMUNITY COLLEGES
    /CCGI
    1102 Q STREET 4800
    SACREMENTO,CA95811     		NONE PC EDUCATION AS OPPORTUNITY 150,000
    CAMPAIGN FOR COLLEGE OPPORTUNITY
    1149 HILL ST 925
    LOS ANGELES,CA90015     		NONE PC EDUCATION AS OPPORTUNITY 175,000
    CSULB RESEARCH FOUNDATION
    6300 E STATE UNIV DR 332
    LONG BEACH,CA90815     		NONE PC EDUCATION AS OPPORTUNITY 200,000
    TSNE MISSIONWORKS
    FUTURE CHEFS
    305 BLUE HILL AVE
    BOSTON,MA02121     		NONE PC EDUCATION AS OPPORTUNITY 200,000
    EXTRAORDINARY FAMILIES
    221 N ARDMORE AVE
    LOS ANGELES,CA90004     		NONE PC EDUCATION AS OPPORTUNITY 50,000
    FARM FRESH RHODE ISLAND
    10 SIMS AVE
    PROVIDENCE,RI02909     		NONE PC EDUCATION AS OPPORTUNITY 60,000
    FIRST STAR INC
    2049 CENTURY PARK E 4320
    LOS ANGELES,CA90067     		NONE PC EDUCATION AS OPPORTUNITY 100,000
    GREATER HORIZONS
    1055 BROADWAY BLVD 130
    KANSAS CITY,MO64105     		NONE PC EDUCATION AS OPPORTUNITY 150,000
    HEART OF LOS ANGELES
    2701 WILSHIRE BLVD 100
    LOS ANGELES,CA90057     		NONE PC EDUCATION AS OPPORTUNITY 150,000
    HOPE BUILDERS
    801 N BROADWAY
    SANTA ANA,CA92701     		NONE PC EDUCATION AS OPPORTUNITY 75,000
    JOHN BURTON ADVOCATES FOR YOUTH
    235 MONTGOMERY ST 1142
    SAN FRANCISCO,CA94104     		NONE PC EDUCATION AS OPPORTUNITY 110,000
    LEADERSUP
    P O BOX 862190
    LOS ANGELES,CA90086     		NONE PC EDUCATION AS OPPORTUNITY 125,000
    HILLSIDES
    940 AVENUE 64
    PASADENA,CA91105     		NONE PC EDUCATION AS OPPORTUNITY 650,000
    NATIONAL COLLEGE ADVISING CORPS INC
    301 W BARBEE CHAPEL RD
    210
    CHAPEL HILL,NC27517     		NONE PC EDUCATION AS OPPORTUNITY 175,000
    NEXTGEN CLIMATE AMERICA
    DBA NEXTGEN POLICY
    1414 K STREET 6TH FL
    SACRAMENTO,CA95814     		NONE PC EDUCATION AS OPPORTUNITY 75,000
    READY TO SUCCEED
    1514 17TH ST 201
    SANTA MONICA,CA90404     		NONE PC EDUCATION AS OPPORTUNITY 60,000
    RESILIENT CODERS
    1 BROADWAY 3RD FLOOR
    CAMBRIDGE,MA02142     		NONE PC EDUCATION AS OPPORTUNITY 50,000
    SAN DIEGO MESA COLLEGE
    7250 MESA COLLEGE DRIVE
    SAN DIEGO,CA92111     		NONE SCHOOL EDUCATION AS OPPORTUNITY 25,000
    SHAREFEST COMMUNITY DEVELOPMENT INC
    638 S BEACON ST 700
    SAN PEDRO,CA90731     		NONE PC EDUCATION AS OPPORTUNITY 50,000
    THE BOSTON FOUNDATION
    THE BOSTON OPPORTUNITY AGENDA
    75 ARLINGTON ST 3RD FLOOR
    BOSTON,MA02116     		NONE PC EDUCATION AS OPPORTUNITY 112,500
    THE RIGHTWAY FOUNDATION
    3650 MLK JR BLVD 195
    LOS ANGELES,CA90008     		NONE PC EDUCATION AS OPPORTUNITY 75,000
    UNIV OF CA SAN DIEGO
    9500 GILMAN DRIVE
    LA JOLLA,CA92093     		NONE SCHOOL EDUCATION AS OPPORTUNITY 50,000
    ABOUT FRESH
    69 SHIRLEY STREET
    BOSTON,MA02119     		NONE PC FOOD EQUITY 100,000
    FEEDING AMERICA
    35 E WACKER DR 2000
    CHICAGO,IL60601     		NONE PC FOOD EQUITY 100,000
    LA COMPOST
    221 W AVE 45
    LOS ANGELES,CA90065     		NONE PC FOOD EQUITY 75,000
    COMMUNITY PARTNERS
    LOS ANGELES FOOD POLICY COUNCIL
    305 E 1ST STREET
    LOS ANGELES,CA90012     		NONE PC FOOD EQUITY 100,000
    LOS ANGELES REGIONAL FOOD BANK
    1734 E 41ST STREET
    LOS ANGELES,CA90058     		NONE PC FOOD EQUITY 125,000
    NOURISH CALIFORNIA
    1970 BROADWAY 760
    OAKLAND,CA94612     		NONE PC FOOD EQUITY 100,000
    RHODE ISLAND FOOD POLICY COUNCIL
    C/O SOCIAL ENTERPRISE
    10 DAVOL SQUARE
    PROVIDENCE,RI02903     		NONE PC FOOD EQUITY 75,000
    SAN DIEGO FOOD SYSTEM ALLIANCE
    P O BOX 3185
    SAN DIEGO,CA92163     		NONE PC FOOD EQUITY 75,000
    TRUSTEES OF TUFTS UNIVERSITY
    136 HARRISON AVE
    BOSTON,MA02111     		NONE SCHOOL FOOD EQUITY 60,000
    SHARE OUR STRENGTH
    1030 15TH ST NW 1100W
    WASHINGTON,DC20005     		NONE PC FOOD EQUITY 125,000
    SOCIAL JUSTICE LEARNING INSTITUTE
    600 CENTINELA AVE
    INGLEWOOD,CA90302     		NONE PC FOOD EQUITY 75,000
    URBAN FARMING INSTITUTE
    487 NORFOLK ST
    MATTAPAN,MA02126     		NONE PC FOOD EQUITY 50,000
    URBAN FOOD INITIATIVE
    DBA DAILY TABLE
    420 WASHINGTON ST
    DORCHESTER,MA02124     		NONE PC FOOD EQUITY 200,000
    NEO PHILANTHROPY
    STATE INFRASTRUCTURE FUND
    C/O NEO PHILANTHROPY
    45 W 36TH ST 6TH FLOOR
    NEW YORK,NY10018     		NONE PC INNOVATION/EMERGENCY 500,000
    BEND THE ARC A JEWISH PARTNERSHIP
    FOR JUSTICE
    330 SEVENTH AVE 19TH FL
    NEW YORK,NY10001     		NONE PC TRANSFORMATIONAL LEADERSHIP 100,000
    BOLD (BLACK ORGANIZING FOR
    LEADERSHIP & DIGNITY)
    C/O HIGHLANDER RESEARCH
    1959 HIGHLANDER WAY
    NEW MARKET,TN37820     		NONE PC TRANSFORMATIONAL LEADERSHIP 60,000
    ROCKWOOD LEADERSHIP
    COACHING FOR HEALING JUSTICE & LIBERATION
    524 MOUNTAIN VIEW ST
    ALTADENA,CA91001     		NONE PC TRANSFORMATIONAL LEADERSHIP 100,000
    COPPER BEECH INSTITUTE
    303 TUNXIS ROAD
    WEST HARTFORD,CT06107     		NONE PC TRANSFORMATIONAL LEADERSHIP 75,000
    CORO SOUTHERN CALIFORNIA
    1000 N ALAMEDA ST 240
    LOS ANGELES,CA90012     		NONE PC TRANSFORMATIONAL LEADERSHIP 75,000
    FLOURISH AGENDA INC
    1714 FRANKLIN ST 100-321
    OAKLAND,CA94612     		NONE PC TRANSFORMATIONAL LEADERSHIP 75,000
    GRANTMAKERS FOR EFFECTIVE ORG
    1310 L STREET NW 650
    WASHINGTON,DC20005     		NONE PC TRANSFORMATIONAL LEADERSHIP 200,000
    INSTITUTE FOR NONPROFIT PRACTICE
    89 SOUTH STREET LL02
    BOSTON,MA02111     		NONE PC TRANSFORMATIONAL LEADERSHIP 225,000
    LEADING FROM WITHIN
    P O BOX 806
    SANTA BARBARA,CA93102     		NONE PC TRANSFORMATIONAL LEADERSHIP 100,000
    MA SCHOOL ADMINISTRATORS' ASSOC
    33 FORGE PARKWAY
    FRANKLIN,MA02038     		NONE PC TRANSFORMATIONAL LEADERSHIP 100,000
    COMMUNITY PARTNERSNEWGROUND
    A MUSLIM-JEWISH PTRSHIPS FOR CHANGE
    C/O CITY OF LA HUMAN RC
    200 N SPRING ST 2111
    LOS ANGELES,CA90012     		NONE PC TRANSFORMATIONAL LEADERSHIP 75,000
    ROCKWOOD LEADERSHIP INSTITUTE
    1212 BROADWAY 700
    OAKLAND,CA94612     		NONE PC TRANSFORMATIONAL LEADERSHIP 150,000
    COMMONWEAL URBAN COLLABORATIVES
    2107 W COMMONWEALTH 447
    ALHAMBRA,CA91803     		NONE PC TRANSFORMATIONAL LEADERSHIP 150,000
    COMMON COUNSEL FOUNDATION
    WINDCALL INSTITUTE
    1624 FRANKLIN ST 1022
    OAKLAND,CA94612     		NONE PC TRANSFORMATIONAL LEADERSHIP 60,000
    UNIV OF NEW HAMPSHIRE FOUNDATION
    9 EDGEWOOD RD
    DURHAM,NH03824     		NONE PC TRANSFORMATIONAL LEADERSHIP 75,000
    UNIVERSITY OF SAN DIEGO
    5998 ALCALA PARK
    SAN DIEGO,CA92110     		NONE SCHOOL TRANSFORMATIONAL LEADERSHIP 100,000
    ASSUMPTION BVM CHURCH
    791 POTTERS AVE
    PROVIDENCE,RI02907     		NONE PC SPIRITUALITY 10,000
    BLUEPATH SERVICE DOGS INC
    8 COUNTRY CLUB RD
    HOPEWELL JUNCTION,NY12533     		NONE PC TRAINING SERVICE DOGS 2,000
    BOURNE EDUCATION FOUNDATION
    P O BOX 3144
    BOURNE,MA02532     		NONE PC EDUCATION AS OPPORTUNITY 5,000
    BOYS & GIRLSCLUB OF GREATER SALEM
    3 GEREMONTY DRIVE
    SALEM,NH03079     		NONE PC YOUTH 6,000
    BRADY SOCIAL ENTERPRISES INC
    404 SOUTH AVE
    SYRACUSE,NY13204     		NONE PC FOOD MARKET 3,500
    CCF COMMUNITY INITIATIVES FUND
    221 S FIGUEROA ST 400
    LOS ANGELES,CA90012     		NONE PC COMMUNITY SERVICES 5,000
    CHILDREN YOUTH AND FAMILY
    COLLABORATIVE
    1200 W 37TH PLACE
    LOS ANGELES,CA90007     		NONE PC YOUTH 2,500
    CITY OF HOPE
    1055 WILSHIRE BLVD
    LOS ANGELES,CA90017     		NONE PC MEDICAL NEED 10,000
    CLEAR PATH FOR VETERANS
    1223 SALT SPRINGS RD
    CHITTENANGO,NY13037     		NONE PC VETERAN SUPPORT 2,000
    COVENANT HOUSE
    461 EIGHTH AVE
    NEW YORK,NY10001     		NONE PC YOUTH 4,000
    DUTCHESS COUNTY PRIDE CENTER
    1085 STATE ROUTE 55
    BOX 401
    LA GRANGEVILLE,NY12540     		NONE PC COMMUNITY SERVICES 1,000
    ELDREDGE PUBLIC LIBRARY
    564 MAIN ST
    CHATHAM,MA02633     		NONE PC EDUCATION AS OPPORTUNITY 5,000
    FAMILY TABLE COLLABORATIVE INC
    P O BOX 643
    HARWICH PORT,MA02646     		NONE PC FOOD EQUITY 2,000
    GABRIELLA CHARTER SCHOOLS
    1435 LOGAN STREET
    LOS ANGELES,CA90026     		NONE PC EDUCATION AS OPPORTUNITY 10,000
    GLOBAL BUSINESS INCUBATION
    DBA GATEWAY EDUCATION FDN
    2010 W AVE K 1029
    LANCASTER,CA93536     		NONE PC EDUCATION AS OPPORTUNITY 2,500
    FOUNDATION FOR LOUISIANA
    2022 ST BERNARD AVE 122B
    NEW ORLEANS,LA70116     		NONE PC VOICE VISION 10,000
    FRIENDS OF KAREN
    118 TITICUS ROAD
    NORTH SALEM,NY10560     		NONE PC YOUTH 9,500
    GUILDING EYES FOR THE BLIND
    611 GRANITE SPRINGS RD
    YORKTOWN HEIGHTS,NY10598     		NONE PC BLIND 2,000
    HARWICH CONSERVATION TRUST
    P O BOX 101
    SOUTH HARWICH,MA02661     		NONE PC SAVE LAND 5,000
    HAHA HEHE GLOBAL
    DBA THE ELYSIAN THEATER
    1944 RIVERSIDE DR
    LOS ANGELES,CA90039     		NONE PC COMMUNITY 1,500
    HEBREW IMMIGRANT AID SOCIETY
    1300 SPRING ST 500
    SILVER SPRING,MD20910     		NONE PC COMMUNITY SERV 25,000
    INTERNATIONAL MEDICAL CORPS
    12400 WILSHIRE BLVD 1500
    LOS ANGELES,CA90025     		NONE PC EMERGENCY HELP 25,000
    JEWISH FAMILY SERVICES OF LA
    3580 WILSHIRE BLVD 700
    LOS ANGELES,CA90010     		NONE PC YOUTH/FAMILY 5,000
    JUST TEACH
    1076 E FERNROCK ST
    CARSON,CA90746     		NONE PC YOUTH 2,000
    LIBERTY HILL FOUNDATION
    6420 WILSHIRE BLVD 700
    LOS ANGELES,CA90048     		NONE PC JUSTICE 5,000
    LOS ANGELES CITY COLLEGE FOUNDATION
    855 N VERMONT AVE
    LOS ANGELES,CA90029     		NONE PC EDUCATION AS OPPORTUNITY 2,500
    LOS ANGELES ROOM AND BOARD
    862 HILGARD AVE
    LOS ANGELES,CA90024     		NONE PC EDUCATION AS OPPORTUNITY 2,500
    MAR VISTA FAMILY CENTER
    5075 S SLAUSON AVE
    CULVER CITY,CA90230     		NONE PC COMMUNITY CARE 2,500
    MEET EACH NEED WITH DIGNITY
    10641 N SAN FERNANDO RD
    PACOIMA,CA91331     		NONE PC FOOD BANK 5,000
    NATE PARKER FOUNDATION
    1130 BEDFORD AVE 36
    BROOKLYN,NY11216     		NONE PC HELP YOUNG ARTISTS 3,000
    NATIONAL SEPT 11 MEMORIAL & MUSEUM
    180 GREENWICH ST
    NEW YORK,NY10007     		NONE PC EDUCATION 25,000
    PICO UNION PROJECT
    11153 VALENCIA ST
    LOS ANGELES,CA90015     		NONE PC COMMUNITY SERVICES 2,500
    PEAR
    338 NW 6TH AVE
    PORTLAND,OR97209     		NONE PC YOUTH 7,500
    PLANNED PARENTHOOD LA
    400 W 30TH ST
    LOS ANGELES,CA90007     		NONE PC WOMENS HEALTH 15,000
    PROJECT FREEDOM RIDE
    P O BOX 624
    EVANS,GA30809     		NONE PC VOTER REGISTRATION 3,500
    REACH OUT AND READ ALABAMA
    19 SOUTH JACKSON ST
    MONTGOMERY,AL36104     		NONE PC EDUCATION AS OPPORTUNITY 5,000
    REWORK RICHMOND
    1719 N 22ND STREET
    RICHMOND,VA23223     		NONE PC JOB DEVELOPMENT 3,500
    SAFE PLACE FOR YOUTH
    2469 LINCOLN BLVD
    VENICE,CA90291     		NONE PC YOUTH 2,500
    REBUILDING OUR CHILDREN & COMMUNITY
    29 N HAMILTON STREET
    POUGHKEEPSIE,NY12601     		NONE PC YOUTH 1,000
    SELMA DALLAS COUNTY PUBLIC LIBRARY
    FOUNDATION
    1103 SELMA AVE
    SELMA,AL36701     		NONE PC DEUCATION AS OPPORTUNITY 5,000
    SOUTHERN CALIFORNIA GRANTMAKERS
    1000 N ALAMEDA ST 230
    LOS ANGELES,CA90012     		NONE PC CONFERENCE & PROJECTS 2,500
    SPECTRUM YOUTH & FAMILY SERVICES
    31 ELMWOOD AVE
    BURLINGTON,VT05401     		NONE PC FAMILY CARE 2,500
    ST GIANNA'S PLACE
    P O BOX 725
    LONDONDERRY,NH03053     		NONE PC MOTHER/BABY CARE 17,500
    SUSTAINABLE AGRICULTURE & FOOD
    SYSTEMS FOUNDERS
    133 E DE LA GUERRA ST 306
    SANTA BARBARA,CA93101     		NONE PC FOOD EQUITY 7,500
    ST JOSEPH CENTER
    204 HAMPTON DR
    VENICE,CA90291     		NONE PC PEOPLE IN NEED 2,500
    STEP UP ON SECOND
    1328 SECOND ST
    SANTA MONICA,CA90401     		NONE PC MENTAL HEALTH SERVICE 5,000
    COMMUNITY PARTNERS
    THE AFRICAN AMERICAN BOARD LEADERSHIP INSTITUTE
    1000 N ALAMEDA ST 240
    LOS ANGELES,CA90012     		NONE PC TRANSFORMATIONAL LEADERSHIP 25,000
    THE FAMILY PANTRY-DAMIEN'S PLACE
    3065 CRANBERRY HIGHWAY
    P O BOX 730
    EAST WAREHAM,MA02538     		NONE PC FOOD EQUITY 2,500
    THE RAPE FOUNDATION
    1223 WILSHIRE BLVD 410
    SANTA MONICA,CA90403     		NONE PC EDUCATION CONF 5,000
    THE RHODE ISLAND COMMUNITY FOOD BK
    200 NIANTIC AVE
    PROVIDENCE,RI02907     		NONE PC FOOD EQUITY 5,000
    THE JEWISH FEDERATION
    6505 WILSHIRE BL 9TH FL
    LOS ANGELES,CA90048     		NONE PC PEOPLE IN NEED 25,000
    THE RIGHTWAY FOUNDATION
    3650 MLK JR BLVD 195
    LOS ANGELES,CA90008     		NONE PC YOUTH 2,500
    THEODORE PAYNE FOUNDATION
    10459 TUXFORD ST
    SUN VALLEY,CA91352     		NONE PC HORTICULTURE 6,000
    USC HILLEL FOUNDATION
    3300 S HOOVER ST
    LOS ANGELES,CA90007     		NONE PC EDUCATION AS OPPORTUNITY 3,000
    VERMONT FOODBANK
    33 PARKER ROAD
    BARRE,VT05641     		NONE PC FOOD EQUITY 5,000
    VIRGINIA SUPPORTIVE HOUSING
    8002 DISCOVERY DR 201
    RICHMOND,VA23229     		NONE PC PEOPLE IN NEED 4,000
    WORLD CENTRAL KITCHEN
    655 NEW YORK AVE NW 6 FL
    WASHINGTON,DC20001     		NONE PC FOOD EQUITY 25,000
    WESTSIDE FOOD BANK
    1710 22ND ST
    SANTA MONICA,CA90404     		NONE PC FOOD EQUITY 5,000
    MONSOON ASIANS & PACIFIC ISLANDERS
    IN SOLIDARITY/AAPI WOMEN LEAD
    C/O MONSOON POBOX 10135
    490 LAKE PARK AVE
    OAKLAND,CA94610     		NONE PC PEOPLE IN NEED 2,500
    ASIAN AMERICANS ADVANCING JUSTICE
    SOUTHERN CALIFORNIA
    1145 WILSHIRE BLVD
    LOS ANGELES,CA90017     		NONE PC JUSTICE 5,000
    Total .................................bullet 3a 6,977,000
    bApproved for future payment
    Total .................................bullet 3b  
    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 ............     		        11,803,341
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 GMT EXPLORATION     		211110 -122,669      
    bK-1 IBEX INV HOLDINGS -DAVL 523000 33,714      
    cK-1 TIGER GLOBAL PIP X 523000 -19,989      
    dK-1 TIGER GLOBAL PIP XI 523000 -8,619      
    eK-1 TIGER GLOBAL PIP XII 523000 -15,347      
    fK-1 SUBURBAN PROPANE 211130 3,770      
    gK-1 OPPEN ACTIVIST PARTNERS 523000 174,881      
    hK-1 OAKTREE CAPITAL SER A 523000 423      
    iK-1 OAKTREE CAPITAL SER B 523000 418      
    jK-1 ASH VI, LLC 519100 -1,456      
    kK-1 OPPEN - DIVIDEND REC DE 523000 -1,416      
    lK-1 ASH V4, LLC 236000 -148,552      
    mK-1 MAGELLAN MIDSTREAM 480000 -9,877      
    12 Subtotal. Add columns (b), (d), and (e) .. -114,719   13,612,694
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    13,497,975
    (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:
    THE ANGELL FOUNDATION
    EIN:
    01-0789717
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 81,821 40,911    

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

    TY 2021 DepreciationSchedule
    Name:
    THE ANGELL FOUNDATION
    EIN:
    01-0789717
    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
    COMPUTER 2005-12-01 2,931 2,931 S/L 5.0000        
    FURNITURE 2006-06-29 785 785 S/L 7.0000        
    EQUIPMENT 2006-06-29 75 75 S/L 5.0000        
    FURNITURE 2006-07-25 1,553 1,553 S/L 7.0000        
    FURNITURE 2006-10-18 325 325 S/L 7.0000        
    FURNITURE 2006-10-18 460 460 S/L 7.0000        
    TELEPHONE 2006-09-05 6,533 6,533 S/L 5.0000        
    COMPUTERS 2006-10-03 6,046 6,046 S/L 5.0000        
    MISC 2006-12-15 159 159 S/L 5.0000        
    PRINTER 2006-10-18 433 433 S/L 5.0000        
    FAX 2006-10-18 325 325 S/L 5.0000        
    SCANNER 2007-12-19 832 832 S/L 5.0000        
    TELEPHONE 2009-10-09 1,867 1,867 S/L 7.0000        
    PROJECTOR 2009-12-21 549 549 S/L 7.0000        
    READERS 2010-01-21 1,317 1,317 S/L 5.0000        
    SHREDDER 2010-01-21 511 511 S/L 7.0000        
    WEBDESIGN 2010-06-01 12,854 12,854 S/L 7.0000        
    DESKS (2) 2009-12-05 1,612 1,612 S/L 7.0000        
    CONF TABLE 2009-12-05 1,097 1,097 S/L 7.0000        
    CONF TABLE CHAIRS 2009-12-05 2,616 2,616 S/L 7.0000        
    LUCITE BASE 2010-02-02 220 220 S/L 7.0000        
    MISC (LR) 2010-05-21 1,209 1,209 S/L 7.0000        
    CHAIRS RECEPT 2010-02-23 1,605 1,605 S/L 7.0000        
    FRAMING 2010-05-07 1,017 1,017 S/L 7.0000        
    COMPUTERS (2) 2011-09-08 3,864 3,864 S/L 5.0000        
    SCANNER 2013-07-02 839 839 S/L 5.0000        
    OFFICE FURNISHINGS 2015-01-01 56,636 56,636 S/L 5.0000        
    OFFICE FURNISHINGS 2016-04-25 2,412 2,412 S/L 5.0000        
    OFFICE EQUIPMENT 2016-02-19 2,540 2,540 S/L 5.0000        
    OFFICE EQUIPMENT - HP DESKTOP 2016-04-19 754 754 S/L 5.0000        
    COMPUTER SOFTWARE 2015-12-11 17,000 17,000 S/L 3.0000        
    COMPUTER SOFTWARE 2016-11-22 3,000 3,000 S/L 3.0000        
    LAPTOP 2017-09-05 400 400 S/L 3.0000        
    COMPUTER EQUIPMENT 2017-09-29 699 699 S/L 3.0000        
    COMPUTER EQUIPMENT 2021-11-15 2,261   STRAIGHT LINE 3.0000 377      

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE ANGELL FOUNDATION
    EIN:
    01-0789717
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 2,480,015 2,274,702

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE ANGELL FOUNDATION
    EIN:
    01-0789717
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE EQUITIES 62,226,568 73,135,090

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    THE ANGELL FOUNDATION
    EIN:
    01-0789717
    US Government Securities - End of Year Book Value:

    4,824,933
    US Government Securities - End of Year Fair Market Value:

    4,604,464
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE ANGELL FOUNDATION
    EIN:
    01-0789717
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    REAL ESTATE ENTITIES AT COST 1,110,806 1,412,091
    OIL AND GAS AT COST 1,655,259 1,847,893
    PRIVATE PLACEMENTS AT COST 37,710,239 49,013,669

    TY 2021 LandEtcSchedule2
    Name:
    THE ANGELL FOUNDATION
    EIN:
    01-0789717
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE EQUIPMENT & FURNITURE 157,759 155,876 1,883 1,883


    TY 2021 OtherAssetsSchedule
    Name:
    THE ANGELL FOUNDATION
    EIN:
    01-0789717
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSITS 14,390 14,390 14,390
    LIFE INSURANCE CSV 1,093,097 1,211,036 1,211,036
    ARTWORK 50,968 50,968 50,968


    TY 2021 OtherDecreasesSchedule
    Name:
    THE ANGELL FOUNDATION
    EIN:
    01-0789717
    Description Amount
    PRIOR YEAR FMV ADJUSTMENT 1,579,138
    PENALTIES 884


    TY 2021 OtherExpensesSchedule
    Name:
    THE ANGELL FOUNDATION
    EIN:
    01-0789717
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INSURANCE 1,496      
    OFFICE EXPENSE 33,265 6,653   26,612
    LIFE INSURANCE 10,034      
    PARKING 5,195     5,195
    PARTNERSHIPS LOSS FROM LINE 1 153,150 153,150    


    TY 2021 OtherIncomeSchedule2
    Name:
    THE ANGELL FOUNDATION
    EIN:
    01-0789717
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 GMT EXPLORATION -122,669    
    K-1 IBEX INV HOLDINGS -DAVLYN 33,714    
    K-1 TIGER GLOBAL PIP X -19,989    
    K-1 TIGER GLOBAL PIP XI -8,619    
    K-1 TIGER GLOBAL PIP XII -15,347    
    K-1 SUBURBAN PROPANE 3,770    
    K-1 OPPEN ACTIVIST PARTNERS 174,881    
    K-1 OAKTREE CAPITAL SER A 423    
    K-1 OAKTREE CAPITAL SER B 418    
    K-1 ASH VI, LLC -1,456    
    K-1 OPPEN - DIVIDEND REC DED -1,416    
    K-1 ASH V4, LLC -148,552    
    K-1 MAGELLAN MIDSTREAM -9,877    


    TY 2021 OtherIncreasesSchedule
    Name:
    THE ANGELL FOUNDATION
    EIN:
    01-0789717
    Description Amount
    PPP LOAN PROCEEDS THRU GMT PRTSHIP 1,216
    50% QUALIFIED DIVIDEND DEDUCTION 17,387


    TY 2021 OtherLiabilitiesSchedule
    Name:
    THE ANGELL FOUNDATION
    EIN:
    01-0789717
    Description Beginning of Year - Book Value End of Year - Book Value
    PENSION CONTRIBUTION PAYABLE 96,786 107,696


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE ANGELL FOUNDATION
    EIN:
    01-0789717
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GRANT MANAGEMENT 89,831     89,831
    INVESTMENT MANAGEMENT 667,898 667,898    
    ADMINISTRATIVE FEES 8,336     8,336
    COMPUTER FEES 18,681     18,681


    TY 2021 TaxesSchedule
    Name:
    THE ANGELL FOUNDATION
    EIN:
    01-0789717
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE TAXES 7,496 7,496    
    FOREIGN TAXES W/H ON DIVI/PRTSH 175,806 175,806    
    MISC TAXES 1,015      
    FILING FEES 150      
    NET EXCISE TAXES 106,497