Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
WILLIAM K BOWES JR FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1660 BUSH ST 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN FRANCISCO, CA94109
A Employer identification number

94-3148482
B Telephone number (see instructions)

(415) 561-6540
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$231,390,225J 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 right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 3,541,931 3,522,556  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 12,813,294
b Gross sales price for all assets on line 6a 103,045,138
7 Capital gain net income (from Part IV, line 2)... 7,533,064
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
List of Attached Documents:
// Content
11,300 304,841  
12 Total. Add lines 1 through 11........ 16,366,525 11,360,461  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 80,000 12,000   68,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
60,490 30,245   30,090
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
2,411,067 2,075,317   335,750
17 Interest............... 11,365 11,365   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
260,821 52,971   400
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 21,908 3,286   13,867
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
32 0   32
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,845,683 2,185,184   448,139
25 Contributions, gifts, grants paid....... 9,290,452 24,361,008
26 Total expenses and disbursements. Add lines 24 and 25 12,136,135 2,185,184   24,809,147
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,230,390
b Net investment income (if negative, enter -0-) 9,175,277
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 4,918 4,910 4,910
2 Savings and temporary cash investments......... 6,667,297 8,989,954 8,989,954
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 14,847,050 Click to see attachment
List of Attached Documents:
// Content
8,216,353 		8,216,353
b Investments—corporate stock (attach schedule)....... 98,747,043 Click to see attachment
List of Attached Documents:
// Content
95,467,526 		95,467,526
c Investments—corporate bonds (attach schedule)....... 27,851,834 Click to see attachment
List of Attached Documents:
// Content
33,071,561 		33,071,561
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 86,901,824 Click to see attachment
List of Attached Documents:
// Content
85,291,514 		85,291,514
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
233,753 		Click to see attachment
List of Attached Documents:
// Content
348,407 		Click to see attachment
List of Attached Documents:
// Content
348,407
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 235,253,719 231,390,225 231,390,225
Liabilities 17 Accounts payable and accrued expenses.......... 435,930 490,404
18 Grants payable................. 43,278,038 28,107,482
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
3,532,023 		Click to see attachment
List of Attached Documents:
// Content
1,694,272
23 Total liabilities (add lines 17 through 22)......... 47,245,991 30,292,158
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 188,007,728 201,098,067
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
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)..... 188,007,728 201,098,067
30 Total liabilities and net assets/fund balances (see instructions). 235,253,719 231,390,225
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
188,007,728
2
Enter amount from Part I, line 27a .....................
2
4,230,390
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
8,859,949
4
Add lines 1, 2, and 3 ..........................
4
201,098,067
5
Decreases not included in line 2 (itemize) right arrow
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
201,098,067
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b PASSTHROUGH CAPITAL GAIN P 2023-01-01 2023-12-31
c CAPITAL GAINS P 2023-01-01 2023-12-31
d UBS RMA - PRIVATE INVESTMENTS P 2023-01-01 2023-12-31
e US VENTURE PARTNERS VII P 2023-01-01 2023-12-31
PASSTHROUGH CAPITAL GAIN P 2023-01-01 2023-01-01
(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 102,603,060   95,705,054 6,898,006
b     6,305 -6,305
c 441,990     441,990
d     577 -577
e 88     88
199,862     199,862
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       6,898,006
b       -6,305
c       441,990
d       -577
e       88
      199,862
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 7,533,064
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  
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 right arrow 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) 1 127,536
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........................... 3 127,536
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- ..... 5 127,536
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 79,300
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 233,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 312,300
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 184,764
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow184,764 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowCA
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 2023 or the taxable year beginning in 2023? 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
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 addressright arrowWWW.WKBOWESJRFOUNDATION.ORG
14
The books are in care ofright arrowPACIFIC FOUNDATION SERVICES Telephone no.right arrow (415) 561-6540

Located atright arrow1660 BUSH STREET STE 300SAN FRANCISCOCA ZIP+4right arrow94109
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 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 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
UTE BOWES PRESIDENT
1.00 		0 0 0
1660 BUSH ST STE 300
SAN FRANCISCO,CA94109
CHRIS PERKINS VP, SECRETARY-TREASURER, CFO
3.00 		80,000 0 0
1660 BUSH ST STE 300
SAN FRANCISCO,CA94109
DOUGLAS TINKER VP, AUDIT CHAIR
2.00 		0 0 0
1660 BUSH ST STE 300
SAN FRANCISCO,CA94109
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...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
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
MORGAN STANLEY INVESTMENT MANAGEMENT 1,957,766
555 CALIFORNIA STREET 14TH FLOOR
SAN FRANCISCO,CA94104
PACIFIC FOUNDATION SERVICE FOUNDATION MANAGEMENT 395,000
1660 BUSH ST STE 300
SAN FRANCISCO,CA94109
HOOD & STRONG LLP ACCOUNTING 60,180
2580 N 1ST ST STE 460
SAN JOSE,CA95131
Total number of others receiving over $50,000 for professional services.............right arrow0
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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
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
143,105,401
b
Average of monthly cash balances.......................
1b
7,582,235
c
Fair market value of all other assets (see instructions)................
1c
85,639,921
d
Total (add lines 1a, b, and c).........................
1d
236,327,557
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
236,327,557
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
3,544,913
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
232,782,644
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
11,639,132
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
11,639,132
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
127,536
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
127,536
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
11,511,596
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
11,511,596
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
11,511,596
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
24,809,147
b
Program-related investments—total from Part VIII-B..................
1b
0
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
24,809,147
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 11,511,596
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 48,705,924
b From 2019...... 42,727,752
c From 2020...... 35,049,429
d From 2021...... 22,333,063
e From 2022...... 13,385,110
f Total of lines 3a through e ........ 162,201,278
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 24,809,147
a Applied to 2022, 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 2023 distributable amount..... 11,511,596
e Remaining amount distributed out of corpus 13,297,551
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 175,498,829
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		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 2018 not
applied on line 5 or line 7 (see instructions) ... 		48,705,924
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		126,792,905
10 Analysis of line 9:
a Excess from 2019.... 42,727,752
b Excess from 2020.... 35,049,429
c Excess from 2021.... 22,333,063
d Excess from 2022.... 13,385,110
e Excess from 2023.... 13,297,551
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
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).)
UTE BOWES
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 right arrow
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 (2023)
Form 990-PF (2023)
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

ACHIEVEMENT REWARDS FOR COLLEGE SCIENTISTS FOUNDATION INC

PO BOX 29405
SAN FRANCISCO,CA94129 		N/A PC STANFORD UNIVERSITY SCHOLAR 20,000

ALS THERAPY DEVELOPMENT FOUNDATION

480 ARSENAL STREET
WATERTOWN,MA02472 		N/A PC TO SUPPORT THE ALS CAPSULE 100,000

ASIAN ART MUSEUM FOUNDATION OF SAN FRANCISCO

200 LARKIN STREET
SAN FRANCISCO,CA94102 		N/A PC THE WILLIAM K. BOWES, JR. FOUNDATION FUND FOR EDUCATION AND RESEARCH 200,000

BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY

ARRILLAGA ALUMNI CENTER 326 GALVEZ
STREET
STANFORD,CA94305 		N/A PC WILLIAM K. BOWES, JR. FOUNDATION: STANFORD BIO-X BOWES FELLOWS, UTE AND BILL BOWES, JR. LIBRARY AND THE DEPARTMENT OF ART AND ART HISTORY IN THE SCHOOL OF HUMANITIES AND SCIENCES 850,000

BOLINAS MUSEUM

PO BOX 450
BOLINAS,CA94924 		N/A PC GENERAL OPERATING SUPPORT 5,000

BOYS & GIRLS CLUBS OF SAN FRANCISCO

380 FULTON STREET
SAN FRANCISCO,CA94102 		N/A PC TO EXPAND EDUCATION ENRICHMENT 100,000

CANARY FUND

PO BOX 620134
WOODSIDE,CA94062 		N/A PC TO SUPPORT NEW DIRECTIONS: TECHNIQUES AND TECHNOLOGIES TO DETECT CANCER EARLY AND IDENTIFY HIGH RISK INDIVIDUALS 333,333

CANCER RESEARCH FUND OF THE DAMON RUNYON - WALTER WINCHELL FOUNDATION

55 BROADWAY SUITE 302 ONE EXCHANGE
PLAZA
NEW YORK,NY10006 		N/A PC DAMON RUNYON CLINICAL INVESTIGATOR CONTINUATION GRANT 166,667

CLEARITY FOUNDATION

8880 RIO SAN DIEGO DRIVE SUITE 800
SAN DIEGO,CA92108 		N/A PC FOR OVARIAN CANCER SUPPORT 50,000

COLLEGE TRACK

483 9TH STREET SUITE 200
OAKLAND,CA94607 		N/A PC GENERAL OPERATING SUPPORT 50,000

CORPORATION OF THE FINE ARTS MUSEUMS

50 HAGIWARA TEA GARDEN DRIVE
SAN FRANCISCO,CA94118 		N/A PC EQUITY SCHOOLS PARTNERSHIP 22,500

EAST PALO ALTO TENNIS & TUTORING

PO BOX 60597
PALO ALTO,CA94306 		N/A PC ACES FOR KIDS (GENERAL SUPPORT) 10,000

ENVIRONMENTAL DEFENSE FUND INCORPORATED

257 PARK AVENUE SOUTH
NEW YORK,NY10010 		N/A PC CLIMATE CORPS, OCEANS PROGRAMS 200,000

EPISCOPAL DIOCESE OF CALIFORNIA

1055 TAYLOR STREET
SAN FRANCISCO,CA94108 		N/A PC EXPANDING HORIZONS CAMPAIGN 1,000,000

FOODCORPS

1140 SE 7TH AVE SUITE 110
PORTLAND,OR97214 		N/A PC GENERAL SUPPORT 600,000

HARVARD UNIVERSITY

HARVARD UNIVERSITY PO BOX 419209
BOSTON,MA02241 		N/A PC FOR THE GRANT SEED PROGRAM 500,000

HOOVER INSTITUTION

434 GALVEZ MALL DEVELOPMENT OFFICE
STANFORD,CA94305 		N/A PC GENERAL OPERATING SUPPORT 50,000

INSTITUTE FOR SYSTEMS BIOLOGY

401 TERRY AVENUE NORTH
SEATTLE,WA98109 		N/A PC NEW FACULTY SUPPORT 200,000

J DAVID GLADSTONE INSTITUTES

1650 OWENS STREET
SAN FRANCISCO,CA94158 		N/A PC TO BE USED AT THE DISCRETION OF THE PRESIDENT DEEPAK SRIVASTAVA, GENERAL SUPPORT 2,000,000

JUNIOR ACHIEVEMENT OF NORTHERN CALIFORNIA

1212 BROADWAY PLAZA SUITE 2100
WALNUT CREEK,CA94596 		N/A PC JUNIOR ACHIEVEMENT LEADERSHIP PROGRAM, JA LEADERSHIP ACADEMY 150,000

KIPP BAY AREA SCHOOLS

1000 BROADWAY SUITE 460
OAKLAND,CA94607 		N/A PC GENERAL OPERATING SUPPORT FOR KIPP PUBLIC SCHOOLS NORTHERN CALIFORNIA 500,000

KQED INC

2601 MARIPOSA STREET
SAN FRANCISCO,CA94110 		N/A PC EDUCATION STEM PROGRAMMING 100,000

MEALS ON WHEELS OF SAN FRANCISCO INC

2142 JERROLD AVE
SAN FRANCISCO,CA94124 		N/A PC GENERAL OPERATING SUPPORT 10,000

MONKEY TAIL RANCH

1993 ORCHARD ROAD
HOLLISTER,CA95023 		N/A PC GENERAL OPERATING SUPPORT 10,000

NSSF

940 FILBERT ST
SAN FRANCISCO,CA94133 		N/A PC EDUCATOR EXCELLENCE 250,000

ONEGOAL

PO BOX 734137
CHICAGO,IL60673 		N/A PC TO SUPPORT BAY AREA PROGRAMS 200,000

OUTWARD BOUND CALIFORNIA

548 MARKET ST PMB 68876
SAN FRANCISCO,CA94104 		N/A PC GENERAL OPERATING SUPPORT 250,000

PEERFORWARD

1140 3RD STREET NE SUITE 320
WASHINGTON,DC20002 		N/A PC GENERAL OPERATING SUPPORT 100,000

QUANTUM LEAP HEALTHCARE COLLABORATIVE

499 ILLINOIS STREET STE 200
SAN FRANCISCO,CA94158 		N/A PC RENEWAL FOR AGGREGATING AND VISUALIZING EHR AND EPRO INFORMATION 75,000

REAL OPTIONS FOR CITY KIDS

73 LELAND AVENUE
SAN FRANCISCO,CA94134 		N/A PC GENERAL OPERATING SUPPORT 125,000

SAN FRANCISCO ACHIEVERS

PO BOX 416
SAN FRANCISCO,CA94104 		N/A PC GENERAL OPERATING SUPPORT 50,000

SAN FRANCISCO BOYS CHORUS

333 HAYES STREET SUITE 116
SAN FRANCISCO,CA94102 		N/A PC GENERAL OPERATING SUPPORT 15,000

SAN FRANCISCO CONSERVATORY OF MUSIC

50 OAK STREET
SAN FRANCISCO,CA94102 		N/A PC CREATE THE BOWES CENTER FOR PERFORMING ARTS, PRESIDENT'S FUND 3,923,603

SAN FRANCISCO GENERAL HOSPITAL FOUNDATION

PO BOX 410836
SAN FRANCISCO,CA94141 		N/A PC PATIENT CARE, WITH AN INCLUSIVE 10% ADMINISTRATIVE FEE 200,000

SANSUM DIABETES RESEARCH INSTITUTE

2219 BATH STREET
SANTA BARBARA,CA93105 		N/A PC GENERAL OPERATING SUPPORT 500,000

SCIENCE FRIDAY INITIATIVE INC

30 BROAD STREET SUITE 801
NEW YORK,NY10004 		N/A PC GENERAL OPERATING SUPPORT 125,000

TEACH FOR ALL INC

25 BROADWAY 12TH FLOOR
NEW YORK,NY10004 		N/A PC TO SUPPORT ENSENA POR MEXICO AND TEACH FOR ALL: DEVELOPING COLLECTIVE LEADERSHIP TO ENSURE ALL CHILDREN HAVE THE OPPORTUNITY TO FULFILL THEIR POTENTIAL 333,333

TEACH FOR AMERICA INC

25 BROADWAY 12TH FLOOR
NEW YORK,NY10004 		N/A PC TO ADVANCE TFAS STRATEGIES NATIONALLY AND IN THE BAY TO ENSURE EQUITABLE ACCESS TO A QUALITY EDUCATION FOR ALL STUDENTS. 250,000

TEN STRANDS

PO BOX 150869
SAN RAFAEL,CA94915 		N/A PC GENERAL OPERATING SUPPORT 50,000

THE EPISCOPAL DIOCESE OF CALIFORNIA

1100 CALIFORNIA STREET
SAN FRANCISCO,CA94608 		N/A PC ANNUAL FUND FOR GRACE CATHEDRAL 500,000

THE EXPLORATORIUM

PIER 15 THE EMBARCADERO
SAN FRANCISCO,CA94111 		N/A PC GENERAL OPERATING SUPPORT, TO SUPPORT THE FIELD TRIP PROGRAM FOR SCHOOLS THAT SUPPORT ECONOMICALLY DISADVANTAGED STUDENTS (TITLE 1 SCHOOLS) 2,292,906

THE TECH INTERACTIVE

201 SOUTH MARKET STREET
SAN JOSE,CA95113 		N/A PC HEALTHCARE EXHIBIT AT THE TECH 200,000

THE UNIVERSITY OF TEXAS FOUNDATION INC

9011 MOUNTAIN RIDE SUITE 150
AUSTIN,TX78759 		N/A PC ALZHEIMER'S RESEARCH, EMT STEM CELLS RESEARCH 375,000

UC BERKELEY FOUNDATION

1995 UNIVERSITY AVENUE SUITE 401
BERKELEY,CA94704 		N/A PC BOWES FACULTY FELLOWS, UC BERKELEY FIAT LUX SCHOLARSHIPS 583,333

UC SANTA BARBARA FOUNDATION

MC6035 UNIVERSITY OF CALIFORNIA
SANTA BARBARA,CA93106 		N/A PC THE GARLAND INITIATIVE FOR VISION 500,000

UCSF FOUNDATION

PO BOX 45339
SAN FRANCISCO,CA94145 		N/A PF ESTABLISH THE WILLIAM K. BOWES, JR. BIOMEDICAL INVESTIGATOR PROGRAM, UCSF OSHER CENTER RESEARCH SUPPORT, THE NEURAL CODE OF SPEECH, CARDIOLOGY COUNCIL, UCSF DISCOVERY FELLOWS 6,183,333

UNITED ANGLERS OF CASA GRANDE INC

333 CASA GRANDE ROAD
PETALUMA,CA94954 		N/A PC GENERAL OPERATING SUPPORT 17,000

YOUTH TENNIS ADVANTAGE

PO BOX 330458
SAN FRANCISCO,CA94133 		N/A PC GENERAL OPERATING SUPPORT 35,000
Total .................................right arrow 3a 24,361,008
bApproved for future payment

ASIAN ART MUSEUM FOUNDATION OF SAN FRANCISCO
200 LARKIN STREET
SAN FRANCISCO,CA94102 		N/A PC THE WILLIAM K. BOWES, JR. FOUNDATION FUND FOR EDUCATION AND RESEARCH 400,000

BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY
ARRILLAGA ALUMNI CENTER 326 GALVEZ
STREET
STANFORD,CA94305 		N/A PC UTE AND BILL BOWES, JR. LIBRARY AND THE DEPARTMENT OF ART AND ART HISTORY IN THE SCHOOL OF HUMANITIES AND SCIENCES 100,000

ENVIRONMENTAL DEFENSE FUND INCORPORATED
257 PARK AVENUE SOUTH
NEW YORK,NY10010 		N/A PC CLIMATE CORPS, OCEANS PROGRAMS 200,000

INSTITUTE FOR SYSTEMS BIOLOGY
401 TERRY AVENUE NORTH
SEATTLE,WA98109 		N/A PC NEW FACULTY SUPPORT 400,000

JUNIOR ACHIEVEMENT OF NORTHERN CALIFORNIA
1212 BROADWAY PLAZA SUITE 2100
WALNUT CREEK,CA94596 		N/A PC JA LEADERSHIP ACADEMY 100,000

KIPP BAY AREA SCHOOLS
1000 BROADWAY SUITE 460
OAKLAND,CA94607 		N/A PC GENERAL OPERATING SUPPORT FOR KIPP PUBLIC SCHOOLS NORTHERN CALIFORNIA 1,000,000

KQED INC
2601 MARIPOSA STREET
SAN FRANCISCO,CA94110 		N/A PC EDUCATION STEM PROGRAMMING 100,000

NSSF
940 FILBERT ST
SAN FRANCISCO,CA94133 		N/A PC EDUCATOR EXCELLENCE 500,000

QUANTUM LEAP HEALTHCARE COLLABORATIVE
499 ILLINOIS STREET STE 200
SAN FRANCISCO,CA94158 		N/A PC RENEWAL FOR AGGREGATING AND VISUALIZING EHR AND EPRO INFORMATION 75,000

TEACH FOR AMERICA INC
25 BROADWAY 12TH FLOOR
NEW YORK,NY10004 		N/A PC TO ADVANCE TFAS STRATEGIES NATIONALLY AND IN THE BAY TO ENSURE EQUITABLE ACCESS TO A QUALITY EDUCATION FOR ALL STUDENTS. 250,000

THE UNIVERSITY OF TEXAS FOUNDATION INC
9011 MOUNTAIN RIDE SUITE 150
AUSTIN,TX78759 		N/A PC ALZHEIMER'S RESEARCH, EMT STEM CELLS RESEARCH 375,000

UCSF FOUNDATION
PO BOX 45339
SAN FRANCISCO,CA94145 		N/A PC UCSF DISCOVERY FELLOWS 666,667
Total ................................. right arrow 3b 4,166,667
Form 990-PF (2023)
Form 990-PF (2023)
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 ....     14 3,541,931  
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 ..... 901101 37,967      
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 12,775,327  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aSTATE TAX REFUND 		    01 11,300  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 37,967 16,328,558 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
16,366,525
(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 (2023)
Form 990-PF (2023)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
WILLIAM K BOWES JR FOUNDATION
EIN:
94-3148482
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 60,490 30,245   30,090

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

TY 2023 ExpenditureResponsibilityStmt
Name:
WILLIAM K BOWES JR FOUNDATION
EIN:
94-3148482
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
TINKER FAMILY FOUNDATION
  		501 SILVERSIDE ROAD SUITE 123
WILMINGTON,DE19809 		2022-11-14 100,000 GENERAL OPERATING SUPPORT. 15,500 NONE 10/13/2023, 9/17/2024 2024-09-18 FUNDS WERE USED FOR THE INTENDED PURPOSE AND WERE NOT DIVERTED.
TINKER FAMILY FOUNDATION
  		501 SILVERSIDE ROAD SUITE 123
WILMINGTON,DE19809 		2021-12-09 120,000 GENERAL OPERATING SUPPORT. 36,000 NONE 10/01/2022, 10/13/2023, 9/17/2024 2024-09-18 FUNDS WERE USED FOR THE INTENDED PURPOSE AND WERE NOT DIVERTED.
TINKER FAMILY FOUNDATION
  		501 SILVERSIDE ROAD SUITE 123
WILMINGTON,DE19809 		2020-02-27 120,000 GENERAL OPERATING SUPPORT. 25,000 NONE 11/01/2021, 10/01/2022, 10/13/2023, 9/17/2024 2024-09-18 FUNDS WERE USED FOR THE INTENDED PURPOSE AND WERE NOT DIVERTED.
TINKER FAMILY FOUNDATION
  		501 SILVERSIDE ROAD SUITE 123
WILMINGTON,DE19809 		2019-12-31 120,000 GENERAL OPERATING SUPPORT. 3,875 NONE 10/31/2020, 11/01/2021, 10/01/2022, 10/13/2023, 9/17/2024 2024-09-18 FUNDS WERE USED FOR THE INTENDED PURPOSE AND WERE NOT DIVERTED.
TINKER FAMILY FOUNDATION
  		501 SILVERSIDE ROAD SUITE 123
WILMINGTON,DE19809 		2018-12-31 120,000 GENERAL OPERATING SUPPORT. 20,400 NONE 11/07/19, 11/01/2021, 10/01/2022, 10/13/2023, 9/17/2024 2024-09-18 FUNDS WERE USED FOR THE INTENDED PURPOSE AND WERE NOT DIVERTED.
TINKER FAMILY FOUNDATION
  		501 SILVERSIDE ROAD SUITE 123
WILMINGTON,DE19809 		2017-05-16 120,000 GENERAL OPERATING SUPPORT. 47,600 NONE 11/01/2021, 10/01/2022, 10/13/2023, 9/17/2024 2024-09-18 FUNDS WERE USED FOR THE INTENDED PURPOSE AND WERE NOT DIVERTED.

TY 2023 InvestmentsCorpBondsSchedule
Name:
WILLIAM K BOWES JR FOUNDATION
EIN:
94-3148482
Name of Bond End of Year Book Value End of Year Fair Market Value
PRIMCO FLEXIBLE CREDIT INCOME 2,247,886 2,247,886
AFFIRM HOLDINGS INC 339,855 339,855
ALNYLAM PHARMACEUTICALS INC 111,164 111,164
AMERICAN AIRLINES GROUP INC 266,365 266,365
ARRAY TECHNOLOGIES INC 150,131 150,131
BENTLEY SYSTEMS INC 223,821 223,821
BIGCOMMERCE HOLDINGS INC 107,656 107,656
BILL.COM HOLDINGS INC 108,576 108,576
BIOMARIN PHARMACEUTICAL INC 218,730 218,730
BLACKLINE INC 217,879 217,879
BLOCK INC 160,555 160,555
BLOOM ENERGY CORP 124,914 124,914
BRIDGEBIO PHARMA INC 245,033 245,033
BURLINGTON STORES INC 213,730 213,730
CABLE ONE INC 110,639 110,639
COHERUS BIOSCIENCES INC 79,121 79,121
COINBASE GLOBAL INC 111,469 111,469
CONMED CORP 55,580 55,580
DEXCOM INC 362,003 362,003
DIGITALOCEAN HOLDINGS INC 221,844 221,844
DRAFTKINGS INC 282,758 282,758
ENPHASE ENERGY INC 138,356 138,356
ENVESTNET INC 122,190 122,190
ETSY INC 146,272 146,272
EVOLENT HEALTH INC 250,360 250,360
EXACT SCIENCES CORP 272,340 272,340
EXPEDIA GROUP INC 177,183 177,183
FORD MOTOR CO 109,109 109,109
GUARDANT HEALTH INC 121,100 121,100
HAEMONETICS CORP 106,903 106,903
HALOZYME THERAPEUTICS INC 153,550 153,550
INSULET CORP 175,797 175,797
LIBERTY HOLDINGS INC 94,395 94,395
LITHIUM AMERICAS (ARGENTINA) CORP 95,689 95,689
MARRIOT VACATIONS WORLDWIDE CORP 97,328 97,328
MICROSTRATEGY INC 164,640 164,640
NCL CORP LTD 318,268 318,268
NEOGENOMICS INC 243,375 243,375
NY CMNTY CAPITAL TRUST V (NYCB.U) 132,677 132,677
OKTA INC 110,413 110,413
PELOTON INTERACTIVE INC 294,450 294,450
RINGCENTRAL INC 109,855 109,855
SAREPTA THERAPEUTICS INC 240,793 240,793
SHIFT4 PAYMENTS INC 169,504 169,504
SNAP INC 314,855 314,855
SPLUNK INC 136,671 136,671
TELADOC HEALTH INC 209,100 209,100
UBER TECHNOLOGIES INC 270,043 270,043
UNITY SOFTWARE INC 175,981 175,981
WAYFAIR INC 244,440 244,440
WOLFSPEED INC 234,817 234,817
ZIFF DAVIS INC 104,762 104,762
ZILLOW GROUP INC 200,437 200,437
MARSH & MCLENNAN COS INC (MMC) 149,455 149,455
SABINE PASS LIQUEF ACTION LLC 57,980 57,980
SANTANDER HOLDINGS USA INC 142,462 142,462
SOUTHERN CALIFORNIA GAS CO 134,992 134,992
DR HORTON INC 74,227 74,227
NORTHROP GRUMMAN CORP 146,612 146,612
ENTERPRISE PRODUCTS OPERATING LLC 172,761 172,761
CIGNA GROUP/THE 139,665 139,665
ABBVIE INC 147,367 147,367
PAYPAL HOLDINGS INC 133,732 133,732
SANTANDER HOLDINGS USA INC 429,126 429,126
NISOURCE INC 431,245 431,245
SYNCHRONY BANK 439,587 439,587
WEC ENERGY GROUP INC 1,000 1,000
ELEVANCE HEALTH INC 2,014 2,014
DISCOVER FINANCIAL SERVICES 10,859 10,859
ANHEUSER-BUSCH COS LLC/ANHEU SER-BUSCH INBEV WORLDWIDE INC 982 982
BP CAPITAL MARKETS AMERICA INC 1,936 1,936
AVALONBAY COMMUNITIES INC 960 960
AIRCASTLE LTD 421,171 421,171
DEUTSCHE BANK AG/NEW YORK NY FXD TO 072025 VAR THFTR 6.119% 426,273 426,273
ORACLE CORP 189,806 189,806
AMGEN INC 93,032 93,032
SABINE PASS LIQUEF ACTION LLC 34,163 34,163
PAYPAL HOLDINGS INC 413,795 413,795
ARES CAPITAL CORP 442,570 442,570
APPLE INC 287,393 287,393
WALT DISNEY CO/THE 150,874 150,874
CSX CORP 196,270 196,270
BAT CAPITAL CORP 5,373 5,373
CVS HEALTH CORP 147,608 147,608
JPMORGAN CHASE & CO FXD TO 052027 VAR THRAFTR 3.5400% 119,552 119,552
UNION PACIFIC CORP 188,668 188,668
FIFTH THIRD BANCORP FXD TO 102027 VAR THRAFTR 6.3610% 11,420 11,420
COMCAST CORP 97,525 97,525
ANHEUSER-BUSCH INBEV WORLDWIDE INC 2,035 2,035
MICRON TECHNOLOGY INC 210,594 210,594
AMERICAN HOMES 4 RENT LP 285,984 285,984
AT&T INC 350,470 350,470
HUMANA INC 1,925 1,925
FISERV INC 131,943 131,943
GLOBAL PAYMENT INC 144,207 144,207
GOLDMAN SACHS GROUP INC/THE 131,912 131,912
EXPEDIA GROUP INC 442,404 442,404
EBAY INC 18,703 18,703
ELEVANCE HEALTH INC 867 867
NVR INC 893 893
BLACK HILLS CORP 191,716 191,716
FIDELITY NATIONAL FINANCIAL INC 370,785 370,785
BARCLAYS PLC FXD TO 062029 VAR THRAFTR 5.0880% 399,624 399,624
BRIXMOR OPERATING PARTNERSHIP LP 433,943 433,943
FIFTH THIRD BANCORP FXD TO 072029 VAR THRAFTR 4.7720% 170,916 170,916
BP CAPITAL MARKETS AMERICA INC 3,388 3,388
BLOCK FINANCIAL LLC 324,857 324,857
COMCAST CORP 123,011 123,011
AMAZON COM INC 146,508 146,508
NOMURA HOLDINGS INC 284,659 284,659
RTX CORP 4,887 4,887
DEUTSCHE BANK AG/NEW YORK NY FXD TO 092030 VAR THRAFTR 3.5470% 152,327 152,327
HELMERICH & PAYNE INC 427,998 427,998
AT&T INC 21,484 21,484
FACTSET RESEARCH SYSTEMS INC 242,738 242,738
SOUTHWEST GAS CORP 26,354 26,354
VERIZON COMMUNICATIONS INC 429,635 429,635
HALEON US CAPITAL LLC 427,592 427,592
KIMCO REALTY OP LLC 5,234 5,234
FIDELITY NATIONAL INFORMATION SERVICES INC 437,122 437,122
GLOBAL PAYMENTS INC 429,790 429,790
CITIZENS FINANCIAL GROUP INC 446,421 446,421
BAT CAPITAL CORP 317,804 317,804
AMERICAN ELECTRIC POWER CO INC 8,572 8,572
EBAY INC 436,164 436,164
DISCOVER FINANCIAL SERVICES 100,678 100,678
EQUITABLE HOLDINGS INC 2,058 2,058
NXP BV/NXP FUNDING LLC/NXP USA INC 25,959 25,959
WASTE CONNECTIONS INC 40,844 40,844
ENTERPRISE PRODUCTS OPERATING LLC 224,380 224,380
ELEVANCE HEALTH INC 1,001 1,001
HUMANA INC 219,587 219,587
WELLS FARGO & CO 873 873
ENTERGY LOUISIANA LLC 1,869 1,869
UDR INC 3,070 3,070
WELLS FARGO & CO 1,949 1,949
SEMPRA ENERGY 4,155 4,155
BP CAPITAL MARKETS AMERICA INC 1,017 1,017
AT&T INC 20,646 20,646
ALEXANDRIA REAL ESTATE EQUITIES INC 5,014 5,014
GOOGLE LLC 199,317 199,317
APPLE INC 248,301 248,301
ORACLE CORP 488,885 488,885
UNITED PARCEL SERVICE INC 245,002 245,002
AMAZON.COM INC 148,505 148,505
BERKSHIRE HATHAWAY ENERGY CO 246,401 246,401
WW GRAINGER INC 386,398 386,398
ABBOTT LABORATORIES 490,000 490,000
WALT DISNEY CO 490,848 490,848
JPMORGAN CHASE & CO 246,482 246,482
UNITEDHEALTH GROUP INC 295,927 295,927
BANK OF AMERICA CORP 486,812 486,812
HONEYWELL INTERNATIONAL INC 133,471 133,471
MICROSOFT CORP 243,770 243,770
JOHNSON & JOHNSON 241,592 241,592
NIKE INC 238,350 238,350
EMERSON ELECTRIC CO 228,601 228,601
BRISTOL-MYERS SQUIBB CO 245,879 245,879
NVIDIA CORP 224,079 224,079
PEPSICO INC 138,462 138,462
TJX COS INC 241,455 241,455
TEXAS INSTRUMENTS INC 216,368 216,368
META PLATFORMS INC 256,408 256,408
HOME DEPOT INC 255,219 255,219
FLORIDA POWER & LIGHT CO 258,646 258,646

TY 2023 InvestmentsCorpStockSchedule
Name:
WILLIAM K BOWES JR FOUNDATION
EIN:
94-3148482
Name of Stock End of Year Book Value End of Year Fair Market Value
PRIMCO MORTGAGE OPPORTUNITIES 2,160,518 2,160,518
ISHARES CORE S&P 500 ETF (IW) 23,625,968 23,625,968
BANK AMER 7.2500 SERS L (BAC.L) 402,218 402,218
WELLS FARGO 7.5 NON-CUM CL A (WFC.L) 462,617 462,617
ACCENTURE PLC IRELAND CL A (ACN) 1,403,640 1,403,640
ALPHABET INC CL (GOOG) 1,550,230 1,550,230
AMAZON COM INC (AMZN) 1,519,400 1,519,400
AMPHENOL CORP NEW CL A (APH) 1,685,210 1,685,210
APPLE INC (AAPL) 1,732,770 1,732,770
APPLIED MATERIALS INC (AMAT) 1,458,630 1,458,630
BECTON DICKINSON & CO (BDX) 1,219,150 1,219,150
CHEVRON CORP (CVX) 1,118,700 1,118,700
CROWDSTRIKE HLDGS INC CL A (CRWD) 2,042,560 2,042,560
CVS HEALTH CORP (CVS) 1,105,440 1,105,440
ECOLAB INC (ECL) 1,388,450 1,388,450
HOME DEPOT INC (HD) 1,108,960 1,108,960
JOHNSON & JOHNSON (JNJ) 1,300,942 1,300,942
JPMORGAN CHASE & CO (JPM) 1,615,950 1,615,950
MARSH & MCLENNAN COS INC (MMC) 1,326,290 1,326,290
META PLATFORMS INC CL A (META) 1,699,008 1,699,008
METTLER TOLEDO INTL (MTD) 849,072 849,072
MICROSOFT CORP (MSFT) 1,504,160 1,504,160
NIKE INC B (NKE) 1,302,840 1,302,840
PEPSICO INC NC (PEP) 1,477,608 1,477,608
RTX CORPORATION (RTX) 1,430,380 1,430,380
SERVICENOW INC (NOW) 1,412,980 1,412,980
TEXAS INSTRUMENTS (TXN) 1,022,760 1,022,760
THERMO FISHER SCIENTIFIC (TMO) 1,486,212 1,486,212
TJX COS INC NEW (TJX) 1,500,960 1,500,960
TRUIST FINL CORP (TFC) 1,034,129 1,034,129
VISA INC CL A (V) 1,614,170 1,614,170
FIRST EAGLE GLOBAL I (SGIIX) 11,416,999 11,416,999
FIRST EAGLE OVERSEAS I (SGOIX) 7,922,548 7,922,548
ADIENT PLC COM (ADNT) 95,809 95,809
AERCAP HOLDINGS N.V. (AER) 430,982 430,982
AFFILIATED MGRS GROUP INC (AMG) 157,174 157,174
AIR LEASE CORP CL A (AL) 138,863 138,863
AMERIPRISE FINCL INC (AMP) 623,301 623,301
ARROW ELECTRONICS (ARW) 217,972 217,972
ASSURANT INC (AIZ) 244,647 244,647
BERRY GLOBAL GROUP INC (BERY) 240,111 240,111
BREAD FINANCIAL HOLDINGS (BFH) 48,751 48,751
BROADCOM INC (AVGO) 572,636 572,636
CELANESE CORP SERIES A COM STK (CE) 461,138 461,138
CETENE CORPORATION (CNC) 407,413 407,413
CONCENTRIX CORP (CNXC) 140,342 140,342
EBAY INC (EBAY) 425,295 425,295
EXPEDIA GROUP INC 591,374 591,374
FS INC (FFIV) 308,741 308,741
FIDELITY NATL INFORMATION SE (FIS) 561,775 561,775
FLEXTRONICS INTL LTD (FLEX) 400,762 400,762
GEN DIGITAL INC (GEN) 377,329 377,329
GLOBAL PAYMENT INC (GPN) 502,666 502,666
HCA HEALTHCARE INC (HCA) 403,313 403,313
LEAR CORP (LEA) 228,901 228,901
LIBERTY GLOBAL PLC CL C (LBTYK) 247,483 247,483
LITHIA MTRS INC (LAD) 266,388 266,388
NRG ENERGY INC (NRG) 318,886 318,886
PRIMERICA INC (PRI) 197,324 197,324
SUNCOR ENERGY INC (SU) 474,993 474,993
TD SYNNEX CORPORATION (SNX) 236,957 236,957
THE CIGNA GROUP (CI) 415,936 415,936
UBER TECHNOLOGIES INC (UBER) 695,433 695,433
UNITED RENTALS INC (URI) 708,174 708,174
WESCO INTL INC (WCC) 231,087 231,087
WHIRLPOOL CORP (WHR) 194,101 194,101

TY 2023 InvestmentsGovtObligationsSch
Name:
WILLIAM K BOWES JR FOUNDATION
EIN:
94-3148482
US Government Securities - End of Year Book Value:

8,216,353
US Government Securities - End of Year Fair Market Value:

8,216,353
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 InvestmentsOtherSchedule2
Name:
WILLIAM K BOWES JR FOUNDATION
EIN:
94-3148482
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
GS ALTERNATIVE INVESTMENTS - KKR PRINCIPAL OPP FMV 563,217 563,217
MS BLACKSTONE ENERGY FMV 1,859,089 1,859,089
OAKTREE STRATEGIC INCOME FMV 662,047 662,047
OAKTREE X/XB FMV 4,694,527 4,694,527
MS RE SPECIAL SITUATIONS FD III FMV 51,557 51,557
MS REAL ESTATE FD VII FMV 34,008 34,008
EMERGING PRIV MKTS FD 1 LP FMV 25,509 25,509
MSSB EUROPEAN PRINCIPAL ACCESS OFFSHORE FEEDER FUND FMV 873,086 873,086
STRATEGIC OPS FUND II (RIVERVIEW) FMV 1,142,200 1,142,200
LVP III ASSOCIATES, LP - CRT FMV 78,393 78,393
WHIPPOORWILL DISTRESSED OPPORTUNITY FUND LP FMV 83,220 83,220
AIP CHFS CAYMAN FMV 52,073,844 52,073,844
MS EVOLUTION TECH FD III FMV 1,933,435 1,933,435
OWL VENTURES LP FMV 1,812,614 1,812,614
USVP XI, LP FMV 7,990,706 7,990,706
MISSION BAY CAPITAL FUND II FMV 2,677,801 2,677,801
ENTRUST SPECIAL OPPORTUNITIES III FMV 2,347,373 2,347,373
OWL VENTURES II, LP FMV 611,732 611,732
MISSION BAY CAPITAL LLC FMV 560,828 560,828
US VENTURE PARTNERS IX FMV 163,424 163,424
USVP X AFFILIATES, LP FMV 593,259 593,259
ENTRUST SPECIAL OPPORT FD LTDII FMV 48,339 48,339
PIVOTNORTH FUND I, LP FMV 1,992,175 1,992,175
1255 TREAT BLVD - US VENTURE PARTNERS VII FMV 88 88
1255 TREAT BLVD - FLARE CAPITAL PARTNERS FMV 1,921,882 1,921,882
MBS BIOLABS/QB3 INCUBATORS FMV 342,682 342,682
MOBILE CANDY DISH, INC FMV 50,000 50,000
BRILLIANT LIGHT POWER FMV 104,400 104,400
HORIZON VENTURES FUND FMV 79 79

TY 2023 OtherAssetsSchedule
Name:
WILLIAM K BOWES JR FOUNDATION
EIN:
94-3148482
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INTEREST RECEIVABLE 233,753 316,260 316,260
DIVIDEND RECEIVABLE 0 32,147 32,147


TY 2023 OtherExpensesSchedule
Name:
WILLIAM K BOWES JR FOUNDATION
EIN:
94-3148482
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MISCELLANEOUS EXPENSES 32 0   32


TY 2023 OtherIncomeSchedule2
Name:
WILLIAM K BOWES JR FOUNDATION
EIN:
94-3148482
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER PASSTHROUGH INCOME (LOSSES)   304,841  
STATE TAX REFUND 11,300   11,300


TY 2023 OtherIncreasesSchedule
Name:
WILLIAM K BOWES JR FOUNDATION
EIN:
94-3148482
Description Amount
UNREALIZED GAINS ON INVESTMENTS 8,859,949


TY 2023 OtherLiabilitiesSchedule
Name:
WILLIAM K BOWES JR FOUNDATION
EIN:
94-3148482
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED TAX LIABILITY 1,486,472 1,564,297
EXCISE TAX LIABILITY 45,551 129,975
LINE OF CREDIT 2,000,000 0


TY 2023 OtherProfessionalFeesSchedule
Name:
WILLIAM K BOWES JR FOUNDATION
EIN:
94-3148482
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 2,016,067 2,016,067   0
FOUNDATION MANAGEMENT FEES 395,000 59,250   335,750


TY 2023 TaxesSchedule
Name:
WILLIAM K BOWES JR FOUNDATION
EIN:
94-3148482
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 205,250 0   0
STATE TAX 2,600 0   400
FOREIGN TAXES PAID 52,971 52,971   0