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
THE HEXBERG FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)921 EMERALD BAY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAGUNA BEACH, CA92651
A Employer identification number

91-2172555
B Telephone number (see instructions)

(714) 236-4800
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$34,804,887J 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) 518,955
2 Check right arrow.............
3 Interest on savings and temporary cash investments 21,500 21,500  
4 Dividends and interest from securities... 467,219 467,219  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 309,779
b Gross sales price for all assets on line 6a 1,512,897
7 Capital gain net income (from Part IV, line 2)... 309,779
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,317,453 798,498  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
15,250 15,250   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
36,000 0   36,000
17 Interest............... 7 7   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
85,428 37,155   200
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 5,196 0   5,196
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
331,795 79,442   206
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 473,676 131,854   41,602
25 Contributions, gifts, grants paid....... 1,511,946 1,511,946
26 Total expenses and disbursements. Add lines 24 and 25 1,985,622 131,854   1,553,548
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -668,169
b Net investment income (if negative, enter -0-) 666,644
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.............      
2 Savings and temporary cash investments......... 1,653,165 640,921 640,921
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.......... 4,615 2,070 2,070
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,392,360 Click to see attachment
List of Attached Documents:
// Content
3,561,693 		11,364,577
c Investments—corporate bonds (attach schedule).......      
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).......... 14,102,691 Click to see attachment
List of Attached Documents:
// Content
14,422,910 		22,797,319
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 19,152,831 18,627,594 34,804,887
Liabilities 17 Accounts payable and accrued expenses..........   3,045
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
304,883 		Click to see attachment
List of Attached Documents:
// Content
444,770
23 Total liabilities (add lines 17 through 22)......... 304,883 447,815
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...........    
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........ 11,538,342 11,538,342
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 7,309,606 6,641,437
29 Total net assets or fund balances (see instructions)..... 18,847,948 18,179,779
30 Total liabilities and net assets/fund balances (see instructions). 19,152,831 18,627,594
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
18,847,948
2
Enter amount from Part I, line 27a .....................
2
-668,169
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
18,179,779
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
18,179,779
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 PERSHING COVERED ST P    
b PERSHING COVERED LT P    
c STIFEL COVERED ST P    
d STIFEL COVERED LT P    
e FIDELITY COVERED ST P    
FIDELITY COVERED LT P    
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 289,811   334,850 -45,039
b 522,952   451,977 70,975
c 48,181   45,949 2,232
d 255,893   248,002 7,891
e 3,248   3,554 -306
108,545   118,786 -10,241
284,267     284,267
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       -45,039
b       70,975
c       2,232
d       7,891
e       -306
      -10,241
      284,267
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 2 309,779
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 9,266
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 9,266
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 9,266
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 6,780
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,780
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 2,486
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
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? Click to see attachment
List of Attached Documents:
// Content
....................
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 arrowN/A
14
The books are in care ofright arrowRASMUSON WARD AN ACCOUNTANCY COR Telephone no.right arrow (714) 236-4800

Located atright arrow4281 KATELLA AVE SUITE 122LOS ALAMITOSCA ZIP+4right arrow90720
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)
 
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
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
 
 
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
GREGORY HEXBERG TRUSTEE
1.00 		0 0 0
921 EMERALD BAY
LAGUNA BEACH,CA92651
JILL HEXBERG TRUSTEE
0.10 		0 0 0
10732 ORANGE PARK BLVD
ORANGE,CA92869
DEBORAH L HEXBERG TRUSTEE
0.10 		0 0 0
921 EMERALD BAY
LAGUNA BEACH,CA92651
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
NONE
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
27,243,340
b
Average of monthly cash balances.......................
1b
1,009,470
c
Fair market value of all other assets (see instructions)................
1c
4,629,684
d
Total (add lines 1a, b, and c).........................
1d
32,882,494
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
32,882,494
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
493,237
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
32,389,257
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,619,463
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
1,619,463
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
9,266
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
9,266
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,610,197
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,610,197
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
1,610,197
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
1,553,548
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
1,553,548
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 1,610,197
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 1,502,616
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,553,548
a Applied to 2022, but not more than line 2a 1,502,616
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..... 50,932
e Remaining amount distributed out of corpus 0
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 0
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 .......... 		1,559,265
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) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
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).)
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

MAY-TREANOR OHANA FOUNDATION

18032 LEMON DR STE C 426
YORBA LINDA,CA92886 		NONE PC SUPPORT YOUTH SPORTS, ANIMAL RESCUES AND SCHOLARSHIPS 2,500

ACTIVE DISCOVERY

170 SIDNEY BAY DR
NEWPORT COAST,CA92657 		NONE PC FOSTER ACTIVITY, ENCOURAGE LEARNING, LAUNCH DISCOVERY FOR CHILDREN 3,000

ADVENTURE UNLIMITED

5201 SOUTH QUEBEC STREET
GREENWOOD VILLAGE,CO80111 		NONE PC SUPPORT THE PROGRAMS THE ORGANIZATON OFFERS TO CHRISTIAN SCIENCE YOUTH, FAMILY & FRIENDS 50,000

AMERICAN RED CROSS

431 18TH STREET NW
WASHINGTON,DC20006 		NONE PC PROVIDE EMERGENCY SERVICES AND AID TO THOSE IN NEED 45,000

ARMED SERVICES YMCA OF THE USA

14040 CENTRAL LOOP SUITE B
WOODBRIDGE,VA22193 		NONE PC PROVIDE PROGRAMS AND SERVICES TO TROOPS AND THEIR FAMILIES 12,000

ASPCA

520 8TH AVENUE
NEW YORK,NY10018 		NONE PC RESCUES AND PROVIDES SHELTER TO ANIMALS IN NEED 10,000

BIG BROTHERS BIG SISTERS OF ORANGE COUNTY

1801 E EDINGER AVENUE
SANTA ANA,CA92705 		NONE PC PROVIDE MENTORING TO AT-RISK YOUTH 7,000

BILLFISH FOUNDATION

5100 N FEDERAL HWY STE 200
FORT LAUDERDALE,FL33308 		NONE PC PROMOTES BILLFISH CONSERVATION THROUGH EDUCATION AND POLICY REFORM 10,000

BOYS AND GIRL'S CLUB OF LAGUNA BEACH

1085 LAGUNA CANYON ROAD
LAGUNA BEACH,CA92651 		NONE PC SUPPORT THE ORGANIZATION'S EFFORTS TO HELP PROVIDE A POSITIVE ENVIRONMENT FOR CHILDREN 28,000

BOYS HOPEGIRLS HOPE

17701 COWAN AVENUE
IRVINE,CA92614 		NONE PC PROVIDES HOMES AND EDUCATION TO DISADVANTAGED CHILDREN 20,000

CALIFORNIA FIRE FOUNDATION

1780 CREEKSIDE OAKS DRIVE
SACRAMENTO,CA95833 		NONE PC PROVIDE FIRE SAFETY EDUCATION AND VICTIM ASSISTANCE TO THOSE IN NEED 25,000

CAMFED USA

466 GEARY ST STE 400
SAN FRANCISCO,CA94102 		NONE PC PROVIDES EDUCATION, FINANCES & SUPPORT TO GIRLS AND YOUNG WOMEN IN AFRICA 10,000

CARE 4 PAWS

PO BOX 60524
SANTA BARBARA,CA93160 		NONE PC CARE FOR HOMELESS PETS, PROTECT PETS FROM ABUSE & KEEP PETS OUT OF SHELTERS 14,000

CASA YOUTH SHELTER

10911 REAGAN STREET
LOS ALAMITOS,CA90720 		NONE PC PROVIDE FOOD, SHELTER AND COUNSELING TO YOUTHS 10,000

CATALINA ISLAND CONSERVANCY

PO BOX 2739
AVALON,CA90704 		NONE PC SUPPORT PROGRAMS IN CONSERVATION, EDUCATION & RECREATION OF CATALINA ISLAND 18,000

CHALLENGED ATHLETES FOUNDATION

9591 WAPLES STREET
SAN DIEGO,CA92191 		NONE PC SUPPORT THE EFFORTS TO PROVIDE ADAPTIVE EQUIPMENT TO PEOPLE WITH PHYSICAL CHALLENGES 20,000

CHILDREN'S HEALTH FUND

215 WEST 125TH STREET SUITE 301
NEW YORK,NY10027 		NONE PC PROVIDES HEALTH CARE TO MEDICALLY UNDERSERVED CHILDREN 18,000

CHILDREN'S HOSPITAL OF LOS ANGELES

4650 SUNSET BLVD 29
LOS ANGELES,CA90027 		NONE PC PROVIDE CRITICAL MEDICAL CARE AND SUPPORT FOR CHILDREN 30,000

CHILDREN'S HOSPITAL OF ORANGE COUNTY

1201 W LA VETA AVE
ORANGE,CA92868 		NONE PC NURTURE, HEAL AND PROTECT SUFFERING CHILDREN AND PROVIDE SUPPORT FOR FAMILIES 30,000

CHILDREN'S SCHOLARSHIP FUND

8 WEST 38TH STREET
NEW YORK,NY10018 		NONE PC PROVIDE EDUCATIONAL OPPORTUNITIES TO LOW-INCOME FAMILIES 18,000

CONCORDIA UNIVERSITY

1530 CONCORDIA
IRVINE,CA92612 		NONE PC PREPARE STUDENTS FOR LIVES OF LEARNING, SERVICE & LEADERSHIP 451

CROSSROADS MINISTRY

PO BOX 6246
OAK RIDGE,TN37831 		NONE PC PROVIDE TRAINING, SUPPORT AND A SAFE ENVIRONMENT FOR YOUNG MOTHERS AND THEIR CHILDREN 10,000

CRYSTAL COVE CONSERVANCY

5 CRYSTAL COVE
NEWPORT COAST,CA92657 		NONE PC PROVIDE EDUCATION AND CONSERVATION PROGRAMS FOR CRYSTAL COVE 41,100

DIRECT RELIEF INTERNATIONAL

27 S LA PATERA LANE
SANTA BARBARA,CA93117 		NONE PC DELIVER MEDICINE AND SUPPLIES DURING EMERGENCY SITUATIONS 100,000

DOCTORS WITHOUT BORDERS

40 RECTOR STREET
NEW YORK,NY10006 		NONE PC DELIVER CRITICAL EMERGENCY CARD TO PEOPLE IN CRISIS 25,000

EQUALITY NOW

125 MAIDEN LANE
NEW YORK,NY10038 		NONE PC WORK TO END VIOLENCE AND DISCRIMINATION AGAINST WOMEN AND GIRLS ACROSS THE WORLD 10,000

EVERFREE

31878 DEL OBISPO ST 118-379
SAN JUAN CAPISTRANO,CA92675 		NONE PC PREVENTS HUMAN TRAFFICKING, RESCUES VICTIMS AND PROVIDES AFTERCARE TO SURVIVORS 13,000

FISHER HOUSE FOUNDATION

111 ROCKVILLE PIKE
ROCKVILLE,MD20850 		NONE PC PROVIDE A PLACE FOR MILITARY FAMILIES OF AMERICA TO STAY WHILE SUPPORTING THEIR LOVED ONES 11,000

FLAGSTAFF MARINE LEAGUE CHARITIES

PO BOX 127
FLAGSTAFF,AZ86002 		NONE PC SUPPORT ARMED FORCES AND MARINE CHARITIES 5,000

FOODBANK OF SOUTHERN CALIFORNIA

1444 SAN FRANCISCO AVE
LONG BEACH,CA90813 		NONE PC PROVIDE FOOD DISTRIBUTION PROGRAMS TO THE HUNGRY 22,000

FREEDOM ALLIANCE

22570 MARKE COURT
DULLES,VA20166 		NONE PC PROVIDE REHABILITATION FOR SERVICE PEOPLE AND SCHOLARSHIPS TO MILITARY CHILDREN 25,000

FRIENDS OF THE SANTA ANA ZOO

1801 E CHESTNUT
SANTA ANA,CA92701 		NONE PC PROVIDE EDUCATION, RECREATION AND CONSERVATION EFFORTS TO OUR COMMUNITY AND THE ANIMALS 11,000

FRIENDSHIP SHELTER

PO BOX 4252
LAGUNA BEACH,CA92652 		NONE PC HELP THE HOMELESS POPULATION BECOME SELF-SUFFICIENT AND GET BACK ON THEIR FEET 15,000

GIRLS INC OF GREATER SANTA BARBARA

PO BOX 236
SANTA BARBARA,CA93102 		NONE PC PROVIDE AFTER SCHOOL AND SUMMER PROGRAMS FOR GIRLS 15,000

GLENNWOOD HOUSING FOUNDATION

2130 S COAST HIGHWAY
LAGUNA BEACH,CA92651 		NONE PC PROVIDE HOME AND SKILLS TO ADULTS WITH DEVELOPMENTAL DISABILITIES. 12,000

GLOBAL DENTAL RELIEF

2090 S GRANT ST
DENVER,CO80210 		NONE PC BRINGS DENTAL CARE AND ORAL HEALTH EDUCATION TO IMPOVERISHED CHILDREN ACROSS THE WORLD 11,000

HABITAT FOR HUMANITY-ORANGE COUNTY

2200 SOUTH RITCHEY
SANTA ANA,CA92705 		NONE PC BUILD AFFORDABLE HOMES FOR LOW-INCOME FAMILIES 15,000

HEAL THE BAY

1444 9TH STREET
SANTA MONICA,CA90401 		NONE PC EDUCATE PEOPLE ABOUT CLEAN WATER AND THRIVING OCEANS AND PROMOTE CLEAN-UP 16,000

HUNGER PROJECT

110 W 30TH STREET 6TH FLOOR
NEW YORK,NY10001 		NONE PC SUPPORT THE SUSTAINABLE END OF WORLD HUNGER 10,000

LAGUNA BEACH ANIMAL SHELTER

PO BOX 104
LAGUNA BEACH,CA92652 		NONE PC HELP PROVIDE SUPPORT TO ANIMALS IN NEED OF MEDICAL ATTENTION AND PERMANENT HOMES 18,000

LAGUNA BEACH OCEAN LIFEGUARD FOUNDATION

1278 GLENNEYRE 32
LAGUNA BEACH,CA92651 		NONE PC SUPPORTS THE PROFESSIONAL, PHYSICAL AND MENTAL DEVELOPMENT OF OCEAN LIFEGAURDS 10,000

LAGUNA CANYON FOUNDATION

PO BOX 4895
LAGUNA BEACH,CA92652 		NONE PC HOMELESS SHELTER FOR FAMILIES 10,000

LAGUNA FOOD PANTRY

20652 LAGUNA CANYON ROAD
LAGUNA BEACH,CA92651 		NONE PC FEED LOW-INCOME, UNEMPLOYED, DISABLED, ELDERLY AND HOMELESS PEOPLE 15,000

MAMMOTH LAKES FOUNDATION

100 COLLEGE PARKWAY
MAMMOTH LAKES,CA93546 		NONE PC SUPPORT ARTS, CULTURE & EDUCATION IN THE EASTERN SIERRA 10,000

NEWPORT BAY CONSERVANCY

2301 UNIVERSITY DRIVE
NEWPORT BEACH,CA92660 		NONE PC PROMOTE CONSERVATION AND RESTORATION OF THE UPPER NEWPORT BAY 8,000

NORTH AMERICAN FOREST FOUNDATION

PO BOX 57
COLLIERVILLE,TN38027 		NONE PC WORK TO TEACH THE BENEFITS OF PROPERLY HARVESTING TREES 8,000

NORTHEAST OF THE WELL

2025 NEWPORT BLVD STE 110
COSTA MESA,CA92627 		NONE PC EMPOWER THOSE IN NEED TO DISCOVER A NEW IDENTITY AND PURPOSE 5,000

ONE SAFE PLACE

PO BOX 991060
REDDING,CA96099 		NONE PC SUPPORT SERVICES AND SHELTER FOR MEN, WOMEN AND CHILDREN SUFFERING FROM DOMESTIC AND SEXUAL ABUSE 8,000

OPEN HOUSE MINISTRIESPORTLAND HOO HOO

900 W 12TH STREET
VANCOUVER,WA98660 		NONE EOF HOMELESS SHELTER FOR FAMILIES 5,000

ORANGE COUNTY RESCUE MISSION

1 HOPE DRIVE
TUSTIN,CA92782 		NONE PC PROVIDE FOOD, SHELTER, EDUCATION AND JOB TRAINING TO PEOPLE IN NEED 15,000

ORANGEWOOD CHILDREN'S FOUNDATION

1575 EAST 17TH STREET
SANTA ANA,CA92705 		NONE PC PROVIDE EDUCATION, SCHOLARSHIPS, HOUSING AND LIFE SKILLS PROGRAMS TO CHILDREN AND YOUNG ADULTS 15,000

PEARL HARBOR AVIATION MUSEUM

319 LEXINGTON BLVD
HONOLULU,HI96818 		NONE PC EDUCATES CITIZENS AND HONORS THOSE THAT FOUGHT DURING PEARL HARBOR 11,000

PACIFIC MARINE MAMMAL CENTER

20612 LAGUNA CANYON RD
LAGUNA BEACH,CA92651 		NONE PC SUPPORT ORGANIZATION'S EFFORTS TO RESCUE AND REHABILITATE THE LOCAL MARINE MAMMAL COMMUNITY 25,000

PEDIATRIC BRAIN TUMOR FOUNDATION

302 RIDGEFIELD COURT
ASHEVILLE,NC28806 		NONE PC FUND CRITICAL RESEARCH TO FIND A CURE FOR BRAIN TUMORS IN CHILDREN 20,000

PERFORMING ANIMAL WELFARE SOCIETY

PO BOX 849
GALT,CA95632 		NONE PC CARE FOR RETIRED, NEGLECTED OR ABUSED PERFORMING ANIMALS 5,000

PHEASANTS FOREVER AND QUAIL FOREVER

PO BOX 146
NELSON,NE68961 		NONE PC CONSERVE PHEASANTS, QUAIL AND OTHER WILDLIFE THROUGH HABITAT IMPROVEMENTS 5,000

PRINCIPIA

13201 CLAYTON ROAD
ST LOUIS,MO63131 		NONE PC CHRISTIAN SCIENCE HIGH SCHOOL AND COLLEGE PROGRAMS 100,000

PRINCIPIA

13201 CLAYTON ROAD
ST LOUIS,MO63131 		NONE PC CHRISTIAN SCIENCE HIGH SCHOOL AND COLLEGE PROGRAMS 50,000

PROMISE4PAWS

31878 DEL OBISPO ST 118-379
SAN JUAN CAPISTRANO,CA92675 		NONE PC ANIMAL RESCUE, REHABILITATION AND PLACEMENT 4,000

RED BUCKET EQUINE RESCUE

2885 ENGLISH ROAD
CHINO HILLS,CA91709 		NONE POF HELP SAVE AND REHABILITATE HORSES THAT HAVE BEEN ABANDONED OR NEGLECTED AND FIND SAFE HOMES 8,000

SANTA BARBARA HUMANE

5399 OVERPASS ROAD
SANTA BARBARA,CA93111 		NONE PC FEED, SHELTER AND FIND HOMES FOR ANIMALS IN THE COMMUNITY 5,000

SCHOOL POWER LAGUNA BEACH EDUCATION FOUNDATION

733 ST ANNS DR
LAGUNA BEACH,CA92651 		NONE PC PROVIDE EDUCATIONAL AND EXTRA-CURRICULAR PROGRAMS FOR LAGUNA PUBLIC SCHOOLS 50,000

SECOND HARVEST FOOD BANK OF ORANGE COUNTY

8014 MARINE WAY
IRVINE,CA92618 		NONE PC PROVIDE MEALS TO HUNDREDS OF THOUSANDS OF CHILDREN, SENIORS AND FAMILIES IN ORANGE COUNTY THAT ARE STRUGGLING WITH HUNGER 22,000

SHARE OUR STRENGTH

1030 15TH STREET NW
WASHINGTON,DC20005 		NONE PC ENSURE CHILDREN HAVE ACCESS TO DAILY MEALS 24,000

SHATTERPROOF

101 MERRITT 7 CORPORATE PARK
NORWALK,CT06851 		NONE PC BUILD PREVENTION, TREATMENT AND RECOVERY PROGRAMS TO THOSE BATTLING ADDICTION 12,000

SURFRIDER FOUNDATION

PO BOX 6010
SAN CLEMENTE,CA92673 		NONE PC PROTECT LOCAL BEACHES, KEEP WATER CLEAN 18,000

SUSAN G KOMEN FOR THE CURE

2817 MCGAW AVENUE
IRVINE,CA92614 		NONE PC PROVIDE EDUCATION, PREVENTION, SCREENING AND CARE FOR THOSE BATTLING BREAST CANCER 22,000

THE CAMPBELL CENTER

6512 SAN FERNANDO RD
GLENDALE,CA91201 		NONE PC PROVIDE SERVICES AND PROGRAMS FOR GLENDALE'S ADULTS WITH DEVELOPMENTAL DISABILITIES 9,000

THE ECOLOGY CENTER

32701 ALIPAZ ST
SAN JUAN CAPISTRANO,CA92675 		NONE PC PROVIDE TOOLS AND EDUCATION TO INSPIRE ECOLOGICAL SOLUTIONS AND TRANSFORM COMMUNITIES 75,000

THE ECOLOGY CENTER

32701 ALIPAZ ST
SAN JUAN CAPISTRANO,CA92675 		NONE PC PROVIDE TOOLS AND EDUCATION TO INSPIRE ECOLOGICAL SOLUTIONS AND TRANSFORM COMMUNITIES 2,895

THE HUMANE SOCIETY OF THE UNITED STATES

1255 23RD STREET NW
WASHINGTON,DC20037 		NONE PC HELP FIGHT AGAINST ANIMAL MISTREATMENT AND PROVIDE SUPPLIES AND VETERINARY SERVICES 12,000

THE JOYFUL CHILD FOUNDATION

PO BOX 12680
WESTMINISTER,CA92685 		NONE PC HELP PREVENT CRIMES AGAINST CHILDREN THROUGH EDUCATION, TRAINING AND EMPOWERMENT 14,000

THE USO

PO BOX 96860
WASHINGTON,DC20077 		NONE PC PROVIDE CRITICAL SERVICES TO PEOPLE OF THE ARMED SERVICES AND THEIR CHILDREN 12,000

TICONDEROGA REVITALIZATION ALLIANCE

PO BOX 247
NEW YORK,NY12883 		NONE PC WORK TO RESTORE ECONOMIC PROSPERITY IN THE TICONDEROGA REGION 50,000

UCI SCHOOL OF MEDICINE DEPARTMENT OF NEUROLOGY

100 THEORY SUITE 250
IRVINE,CA92697 		NONE PC CARE, EDUCATE AND RESEARCH HELP FOR PATIENTS WITH DIVERSE NEUROLOGICAL CONDITIONS 5,000

UCLA FOUNDATION - OPERATION MEND

10920 WILSHIRE BLVD
LOS ANGELES,CA90024 		NONE PC PROVIDE MENTAL AND PHYSICAL PATIENT CARE AND SUPPORT TO VETERANS 12,000

UNICEF

125 MAIDEN LANE
NEW YORK,NY10038 		NONE PC PROVIDE HEALTHCARE - EMERGENCY RELIEF FOR CHILDREN 25,000

UNITED IN LIGHT

101 BILLMAN LANE
LIVINGSTON,MT59047 		NONE PC SAVE AND CARE FOR DRAFT HORSES 8,000

VANGUARD UNIVERSITY FOUNDATION

55 FAIR DRIVE
COSTA MESA,CA92626 		NONE PC PROVIDE ENRICHING EDUCATIONAL ENVIRONMENT FOR CHRISTIAN COLLEGE STUDENTS 10,000

WOUNDED WARRIOR PROJECT

4899 BELFORT ROAD
JACKSONVILLE,FL32256 		NONE PC REHABILITATE OUR SERVICEMEN AND PROVIDE THEM WITH PHYSICAL AND MENTAL HEALTH SERVICES AND SUPPORT 13,000

YWCA OF SAN GABRIEL VALLEY

517 HOLLOW AVENUE
WEST COVINA,CA91790 		NONE PC TEACHING VALUES TO CHILDREN (CARING, HONESTY, RESPECT AND RESPONSIBILITY) 8,000
Total .................................right arrow 3a 1,511,946
bApproved for future payment
Total ................................. right arrow 3b 0
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 ........... 		    14 21,500  
4 Dividends and interest from securities ....     14 467,219  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 309,779  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 798,498 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
798,498
(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
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
THE HEXBERG FAMILY FOUNDATION
 
Employer identification number

91-2172555
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
THE HEXBERG FAMILY FOUNDATION
  		Employer identification number
91-2172555
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
THE GREGORY C AND DEBORAH L HEXBERG
921 EMERALD BAY
 
LAGUNA BEACH, CA92651

$ 230,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
THE JILL A HEXBERG TRUST
10732 ORANGE PARK BLVD
 
ORANGE, CA92869

$ 190,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
THE GREGORY C AND DEBORAH L HEXBERG
921 EMERALD BAY
 
LAGUNA BEACH, CA92651

$ 26,865


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
THE JILL A HEXBERG TRUST
10732 ORANGE PARK BLVD
 
ORANGE, CA92869

$ 72,090


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
THE HEXBERG FAMILY FOUNDATION
  		Employer identification number

91-2172555
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 PUBLICLY TRADED SECURITIES $ 26,865 2023-12-28
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
4
 PUBLICLY TRADED SECURITIES $ 72,090 2023-12-28
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
THE HEXBERG FAMILY FOUNDATION
  		Employer identification number

91-2172555
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
THE HEXBERG FAMILY FOUNDATION
EIN:
91-2172555
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 15,250 15,250   0

TY 2023 ExplanOfLegisPoliticalActvts
Name:
THE HEXBERG FAMILY FOUNDATION
EIN:
91-2172555
Explanation:
NONE

TY 2023 InvestmentsCorpStockSchedule
Name:
THE HEXBERG FAMILY FOUNDATION
EIN:
91-2172555
Name of Stock End of Year Book Value End of Year Fair Market Value
BERKSHIRE HATHAWAY 747,783 4,341,000
CHEVRON CORPORATION 43,293 74,580
CLOROX COMPANY 114,260 285,180
FEDEX CORPORATION 143,705 379,455
GENERAL MOTORS 100,603 107,760
GENERAL DYNAMICS 114,750 519,340
HALLIBURTON CO 103,650 120,018
HARLEY DAVIDSON INC 138,925 154,728
HESS CORPORATION 58,498 144,160
LOCKHEED MARTIN CORP 94,814 634,536
PEPSICO INC 207,655 594,440
INVESCO QQQ TR ETP 83,786 532,376
YUM BRANDS 81,920 522,640
YUM CHINA HOLDINGS INC 26,847 169,720
GENERAL ELECTRIC COMPANY 59,924 159,538
ALLY FINL INC 35,620 45,745
M / I HOMES INC 15,220 86,776
DANA INC COM 37,609 40,031
DESIGNER BRANDS INC 25,531 32,922
WABTEC 4,137 6,726
FOOT LOCKER INC 43,113 60,431
HF SINCLAIR CORP 20,322 50,013
OCCIDENTAL PETRO 926 7,280
LIBERTY OILFIELD SVCS INC 27,570 47,527
PROPETRO HLDG CORP COM 28,626 32,514
UNITED NAT FOODS INC 38,591 17,528
ALGOMA STEEL GROUP INC 31,275 50,150
ARROW ELECTRS INC 37,424 39,120
AVNET INC 37,102 45,864
CLEVELAND-CLIFFS INC 38,280 59,218
JELD-WEN HLDG INC 35,671 63,626
MACYS INC 38,866 38,630
PBF ENERGY INC 44,673 56,708
PVH CORP 41,345 81,820
SPORTSMAN WHSE HLDGS INC 42,838 18,574
STELLANTIS N V 42,498 65,642
GE HEALTHCARE TECHNOLOGIES INC 15,779 32,165
ADVANCE AUOT PTS INC 39,637 46,383
ALPHA METALLURGICAL RES INC 41,542 77,952
AMERICAN AXLE & MFG HLDGS INC 43,786 50,922
ARCELORMITTAL SA NY REGISTERED 35,635 37,475
BLUELINX HLDGS INC 20,527 26,061
ENI SPA SPONSORED ADR 37,019 41,832
FRONTIER GROUP HLDGS INC 34,561 18,946
G-III APPAREL GROUP LTD 36,041 76,795
GENERAL MOTORS CO 37,280 37,716
GOODYEAR TIRE & RUBR CO 40,516 49,547
PAR PAC HLDGS INC 38,920 65,102
RYERSON HLDG CORP 35,066 40,229
SOUTHWEST AIRLS CO 37,700 46,497
TERNIUM S A SPONS ADR 41,465 39,072
TYSON FOODS INC CL A 39,111 43,538
UNITED AIRLS HLDGS INC 37,705 42,910
UNITED STS STL CORP 41,458 70,056
ZUMIEZ INC 21,341 23,391
ADOBE INC 13,033 119,320
LENNAR CORP 29,364 109,544
MARATHON PETROLEUM CORP 9,474 296,720
MERCK & COMPANY INC 13,389 54,510
MICROSOFT CORP 15,157 150,416
MICROCHIP TECHNOLOGY INC 18,537 81,162

TY 2023 InvestmentsOtherSchedule2
Name:
THE HEXBERG FAMILY FOUNDATION
EIN:
91-2172555
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
CWS SAF X QPF LLC FMV 99,184 522,168
CWS SAF IX QPF LLC FMV 126,854 544,077
CWS SAF V LLC FMV 9,174 147,477
CWS WIND UP AVA LLC FMV 4,102 0
CWS SAF VIII QPF LLC FMV 0 687,004
DFA EMERGING MARKETS COR EQ. FMV 821,257 1,008,432
DFA US CORE EQUITY II FMV 3,142,585 5,019,051
DFA US LARGE CAP VALUE FMV 1,845,582 2,228,590
DFA US SMALL CAP VALUE FMV 761,399 1,038,250
DFA INTERNATIONAL VECTOR EQUITY FMV 2,173,930 2,602,926
CAPITAL WORLD GROWTH & INCOME FMV 327,160 523,925
EUROPACIFIC GROWTH FUND FMV 436,282 635,705
GROWTH FUND AMERICA FMV 964,424 1,759,034
NEW PERSPECTIVE FUND A FMV 825,533 1,463,708
SMALLCAP WORLD FUND A FMV 302,268 611,892
CWS SAF XI QPF, LLC FMV 110,753 224,615
CWS MARQ BURNET, LP FMV 17,975 18,653
CWS ILIFF STATION LP FMV 62,821 35,703
CWS INVERNESS LP FMV 90,340 52,546
CWS SAF XII QPF LLC FMV 116,512 134,105
DFA INTERMEDIATE GOVT FMV 220,162 228,938
DFA US LARGE CAP GROWTH FMV 234,618 289,705
GUGGENHEIM RISK MGD FMV 576,102 638,292
AMCAP FMV 187,605 240,477
WASHINGTON MUTUAL FMV 146,723 166,841
CWS BRONCO BUTTE MF LP FMV 260,652 260,652
CWS DOMINION LP FMV 29,488 11,434
CWS PROMENADE LP FMV 25,808 19,201
CWS SAF XIII QPF LLC FMV 227,499 143,758
INVESTMENT COMPANY OF AMERICA FMV 154,907 190,981
CWS SAF III LLC (.3658%) FMV 0 81,215
CWS SAF III LLC (2.07%) FMV 0 298,013
CWS STRATEGIC APARTMENT FUND LLC FMV 0 68,201
S2 SUGARLAND LLC FMV 0 160,197
S2 WOODLANDS LLC FMV 0 482,094
S1 INVERNESS LLC FMV 0 85,534
S3 INVERNESS LLC FMV 0 35,413
S5 INVERNESS LLC FMV 0 14,925
ISHARES NATIONAL MUNI BOND FMV 121,211 123,587

TY 2023 OtherExpensesSchedule
Name:
THE HEXBERG FAMILY FOUNDATION
EIN:
91-2172555
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISOR FEES 79,025 79,025   0
BANK FEES 210 210   0
OFFICE SUPPLIES 413 207   206
OTHER EXPENSE 2,051 0   0
PASSIVE LOSS FROM DEBT FINANCED RENTAL PARTNERSHIPS 250,096 0   0


TY 2023 OtherLiabilitiesSchedule
Name:
THE HEXBERG FAMILY FOUNDATION
EIN:
91-2172555
Description Beginning of Year - Book Value End of Year - Book Value
CWS STRATEGIC APT FD LLC - NEGATIVE BASIS 5,918 27,407
S2 SUGARLAND LLC - NEGATIBE BASIS 79,978 84,424
S2 WOODLANDS LLC - NEGATIVE BASIS 164,505 176,996
CWS SAF III LLC (.3658%) - NEGATIVE BASIS 4,569 8,509
CWS SAF III LLC (2.07%) - NEGATIVE BASIS 49,913 67,796
CWS SAF VIII LLC - NEGATIVE BASIS 0 34,855
S1 INVERNESS LLC - NEGATIVE BASIS 0 3,113
S3 INVERNESS LLC - NEGATIVE BASIS 0 40,512
S5 INVERNESS LLC - NEGATIVE BASIS 0 1,158


TY 2023 OtherProfessionalFeesSchedule
Name:
THE HEXBERG FAMILY FOUNDATION
EIN:
91-2172555
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTANT 36,000 0   36,000


TY 2023 TaxesSchedule
Name:
THE HEXBERG FAMILY FOUNDATION
EIN:
91-2172555
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 15,045 15,045   0
CALIFORNIA STATE TAX 21,866 21,866   0
REGISTRY OF CHARITABLE TRUSTS 200 0   200
FEDERAL TAX 48,073 0   0
ARIZONA STATE TAX 218 218   0
NORTH CAROLINA STATE TAX 26 26   0