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
SAND HILL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)3000 SAND HILL ROAD 4-130
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MENLO PARK, CA94025
A Employer identification number

94-3219107
B Telephone number (see instructions)

(650) 854-9310
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$97,220,976
J 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... 2,453,883 2,453,883  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 664,772
b Gross sales price for all assets on line 6a 29,641,513
7 Capital gain net income (from Part IV, line 2)... 664,772
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)....... 70,450 70,450  
12 Total. Add lines 1 through 11........ 3,189,105 3,189,105  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 262,000 0   235,800
14 Other employee salaries and wages...... 79,799 0   79,799
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 30,775 0   0
c Other professional fees (attach schedule).... 330,286 230,286   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 15,201 0   15,201
19 Depreciation (attach schedule) and depletion... 8,553 0  
20 Occupancy.............. 108,464 0   108,952
21 Travel, conferences, and meetings....... 15,013 0   15,013
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 845,769 168,905   584,602
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,695,860 399,191   1,039,367
25 Contributions, gifts, grants paid....... 4,473,631 5,337,400
26 Total expenses and disbursements. Add lines 24 and 25 6,169,491 399,191   6,376,767
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,980,386
b Net investment income (if negative, enter -0-) 2,789,914
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......... 53,756 34,435 34,435
3 Accounts receivable right arrow46,694
Less: allowance for doubtful accounts right arrow   49,593 46,694 46,694
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.......... 87,594 87,588 87,588
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 84,379,172 Click to see attachment
List of Attached Documents:
// Content
86,695,689
86,695,689
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).......... 8,072,541 Click to see attachment
List of Attached Documents:
// Content
9,859,793
9,859,793
14 Land, buildings, and equipment: basis right arrow161,333
Less: accumulated depreciation (attach schedule) right arrow84,862 83,737 Click to see attachment
List of Attached Documents:
// Content
76,471
76,471
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
624,613
Click to see attachment
List of Attached Documents:
// Content
420,306
Click to see attachment
List of Attached Documents:
// Content
420,306
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 93,351,006 97,220,976 97,220,976
Liabilities 17 Accounts payable and accrued expenses.......... 50,712 49,131
18 Grants payable................. 6,069,612 5,205,843
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
686,028
Click to see attachment
List of Attached Documents:
// Content
934,695
23 Total liabilities (add lines 17 through 22)......... 6,806,352 6,189,669
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........... 86,544,654 91,031,307
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)..... 86,544,654 91,031,307
30 Total liabilities and net assets/fund balances (see instructions). 93,351,006 97,220,976
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
86,544,654
2
Enter amount from Part I, line 27a .....................
2
-2,980,386
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
7,467,039
4
Add lines 1, 2, and 3 ..........................
4
91,031,307
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
91,031,307
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 JPMORGAN #4007 - LT COVERED P 2022-12-31 2023-12-31
b JPMORGAN #4007 - CAPITAL GAIN DISTRIBUTIONS P 2022-12-31 2023-12-31
c PASSTHROUGH GAIN FROM TPG RISE CLIMATE DE AIV I, LP P 2023-01-01 2023-12-31
d PASSTHROUGH GAIN FROM THE RISE FUND (B), LP P 2023-03-01 2023-12-31
e PASSTHROUGH GAIN FROM THE RISE FUND (B), LP P 2023-01-01 2023-12-31
PASSTHROUGH GAIN FROM IMPACT VENTURES IV, LP P 2023-01-01 2023-12-31
PASSTHROUGH GAIN FROM LEGACY VENTURES V (QP), LLC P 2023-03-01 2023-12-31
PASSTHROUGH GAIN FROM LEGACY VENTURES V (QP), LLC P 2022-12-31 2023-12-31
PASSTHROUGH GAIN FROM LEGACY VENTURES VII, LLC P 2022-12-31 2023-12-31
PASSTHROUGH LOSS FROM LEGACY VENTURES VII, LLC P 2023-03-01 2023-12-31
PASSTHROUGH GAIN FROM LEGACY VENTURES XI, LLC P 2022-12-31 2023-12-31
PASSTHROUGH GAIN FROM WINDSAIL CREDIT QP FUND, LP P 2022-12-31 2023-12-31
DISPOSITION - BAY AREA EQUITY FUND MANAGER P 2023-01-01 2023-12-31
DISPOSITION - SEQUOIA CAPITAL X P 2023-01-01 2023-12-31
PASSTHROUGH GAIN FROM SEQUOIA CAPITAL X P    
PASSTHROUGH GAIN FROM BAY AREA EQUITY FUND MANAGER P 2022-01-01 2023-12-31
JPMORGAN #4007 - REDEMPTIONS P 2022-01-01 2023-12-31
(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 28,342,093   28,481,888 -139,795
b 229,654     229,654
c 7,089     7,089
d 2     2
e 2,786     2,786
6     6
52     52
22,862     22,862
124,546     124,546
    661 -661
579     579
106     106
    130,215 -130,215
    179,860 -179,860
576     576
    184,117 -184,117
911,162     911,162
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       -139,795
b       229,654
c       7,089
d       2
e       2,786
      6
      52
      22,862
      124,546
      -661
      579
      106
      -130,215
      -179,860
      576
      -184,117
      911,162
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 2 664,772
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 38,780
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 38,780
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 38,780
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 94,680
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 94,680
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 55,900
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow55,900 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
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 arrowSUSAN FORD DORSEY Telephone no.right arrow (650) 854-9310

Located atright arrow3000 SAND HILL ROAD 4-130MENLO PARKCA ZIP+4right arrow94025
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
SUSAN FORD DORSEY PRESIDENT
40.00
262,000 0 0
3000 SAND HILL ROAD 4-130
MENLO PARK,CA94025
SUSAN LOCKWOOD VICE PRESIDENT
1.00
0 0 0
3000 SAND HILL ROAD 4-130
MENLO PARK,CA94025
MICHAEL DORSEY TREASURER
1.00
0 0 0
3000 SAND HILL ROAD 4-130
MENLO PARK,CA94025
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
PACIFIC FOUNDATION SERVICES PHILANTHROPIC MANAGEMENT 555,038
1660 BUSH STREET
SAN FRANCISCO,CA94109
JP MORGAN CHASE BANK NA INVESTMENT ADVISOR 230,286
2029 CENTURY PARK EAST 39TH FLOOR
LOS ANGELES,CA90067
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 CA REBUILDING FUND, LLC - NOTE RECEIVABLE 298,991
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow298,991
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
69,723,318
b
Average of monthly cash balances.......................
1b
1,605,740
c
Fair market value of all other assets (see instructions)................
1c
22,761,300
d
Total (add lines 1a, b, and c).........................
1d
94,090,358
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
94,090,358
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,411,355
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
92,679,003
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,633,950
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
4,633,950
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
38,780
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
38,780
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,595,170
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
4,595,170
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
4,595,170
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
6,376,767
b
Program-related investments—total from Part VIII-B..................
1b
298,991
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
6,675,758
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 4,595,170
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...... 2,056,369
b From 2019...... 1,998,100
c From 2020...... 7,624,730
d From 2021...... 423,428
e From 2022...... 1,589,129
f Total of lines 3a through e ........ 13,691,756
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 6,675,758
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..... 4,595,170
e Remaining amount distributed out of corpus 2,080,588
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 15,772,344
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) ...
2,056,369
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ......
13,715,975
10 Analysis of line 9:
a Excess from 2019.... 1,998,100
b Excess from 2020.... 7,624,730
c Excess from 2021.... 423,428
d Excess from 2022.... 1,589,129
e Excess from 2023.... 2,080,588
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 e-mail address of the person to whom applications should be addressed:
SUSAN FORD DORSEY
3000 SAND HILL ROAD 1-120
MENLO PARK,CA94025
(650) 854-9310
bThe form in which applications should be submitted and information and materials they should include:
INCLUDE VERIFICATION OF IRC 501(C)(3) STATUS, ACTIVITIES, REFERENCES
cAny submission deadlines:
REVOLVING
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
PUBLIC CHARITIES
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

ENVIRONMENTAL DEFENSE FUND INCORPORATED

257 PARK AVENUE SOUTH
NEW YORK,NY10010
  PUBLIC CHARITY GENERAL SUPPORT 600,000

CHILDREN'S HEALTH COUNCIL INC

650 CLARK WAY
PALO ALTO,CA94304
  PUBLIC CHARITY 70TH ANNIVERSARY CAMPAIGN - PROGRAMMATIC INITIATIVES WITH A PARTICULAR FOCUS ON SUBSIDIZED SERVICES 300,000

PIE RANCH

PO BOX 363
PESCADERO,CA94060
  PUBLIC CHARITY PROPAGATE! CAPITAL GROWTH CAMPAIGN 300,000

CHILDREN'S HEALTH COUNCIL INC

650 CLARK WAY
PALO ALTO,CA94304
  PUBLIC CHARITY RAVENSWOOD WELLNESS PARTNERSHIP 200,000

DALY CITY PENINSULA PARTNERSHIP COLLABORATIVE

725 PRICE STREET
DALY CITY,CA94014
  PUBLIC CHARITY THE NORTH COUNTY COLLABORATIVE MENTAL HEALTH PARTNERSHIP 200,000

FRIENDS FOR YOUTH INC

3460 W BAYSHORE RD SUITE 203
PALO ALTO,CA94303
  PUBLIC CHARITY WHY (WHOLE HEALTH FOR YOUTH) INITIATIVE 200,000

LIFEMOVES

2550 GREAT AMERICA WAY STE 201
SANTA CLARA,CA95054
  PUBLIC CHARITY ENGAGING HOMELESS YOUTH AND PARENTS IN BEHAVIORAL HEALTH AND WELLNESS SERVICES 160,000

CURIODYSSEY

1651 COYOTE POINT DRIVE
SAN MATEO,CA94401
  PUBLIC CHARITY CAPITAL CAMPAIGN 150,000

SAVE THE BAY

560 14TH STREET 400
OAKLAND,CA94612
  PUBLIC CHARITY THE CAMPAIGN FOR SAVE THE BAY 125,000

BOYS & GIRLS CLUBS OF THE PENINSULA

401 PIERCE ROAD
MENLO PARK,CA94025
  PUBLIC CHARITY NORTH COUNTY EXPANSION 100,000

HABITAT FOR HUMANITY GREATER SAN FRANCISCO

300 MONTGOMERY ST STE 450
SAN FRANCISCO,CA94104
  PUBLIC CHARITY AFFORDABLE HOMEOWNERSHIP IN SAN MATEO COUNTY 100,000

PENINSULA BRIDGE PROGRAM

177 BOVET RD SUITE 120
SAN MATEO,CA94402
  PUBLIC CHARITY GENERAL SUPPORT 100,000

PENINSULA OPEN SPACE TRUST

222 HIGH STREET
PALO ALTO,CA94301
  PUBLIC CHARITY FARMLAND FUTURES INITIATIVE 100,000

SAN MATEO COUNTY OFFICE OF EDUCATION

101 TWIN DOLPHIN DRIVE
REDWOOD CITY,CA94065
  PUBLIC CHARITY EXPANDED LEARNING AND COMMUNITY PARTNERSHIPS 100,000

DEPLOYUS INC

177 HUNTINGTON AVE SUITE 1703 PMB
74752
BOSTON,MA02115
  PUBLIC CHARITY PROJECT - AMPLIFI 75,000

JEFFERSON UNION HIGH SCHOOL DISTRICT

699 SERRAMONTE BOULEVARD SUITE 100
DALY CITY,CA94015
  CITY GOVERNMENT BEHAVIORAL HEALTH SERVICES AT DALY CITY YOUTH HEALTH CENTER 75,000

LEGAL AID SOCIETY OF SAN MATEO COUNTY

SOBRATO CENTER FOR NONPROFITS 330
TWIN DOLPHIN DRIVE SUITE 123
REDWOOD CITY,CA94065
  PUBLIC CHARITY HOMESAVERS: PRESERVING AFFORDABLE HOUSING 75,000

PENINSULA CONFLICT RESOLUTION CENTER

1670 SOUTH AMPHLETT BLVD SUITE 115
SAN MATEO,CA94402
  PUBLIC CHARITY GENERAL SUPPORT FOR NORTH SAN MATEO COUNTY 75,000

PIE RANCH

PO BOX 363
PESCADERO,CA94060
  PUBLIC CHARITY GENERAL OPERATING SUPPORT 75,000

RENAISSANCE ENTREPRENEURSHIP CENTER

275 FIFTH STREET 2ND FLOOR
SAN FRANCISCO,CA94103
  PUBLIC CHARITY SAN MATEO COUNTY ENTREPRENEURSHIP PROGRAM 75,000

SAN BRUNO MOUNTAIN WATCH

PO BOX 53
BRISBANE,CA94005
  PUBLIC CHARITY GENERAL OPERATING SUPPORT 75,000

INNOVATE PUBLIC SCHOOLS

1400 PARKMOOR AVE STE 240
SAN JOSE,CA95126
  PUBLIC CHARITY COASTSIDE ORGANIZING PLANNING GRANT 65,000

AYUDANDO LATINOS A SOAR

636 PURISSIMA STREET
HALF MOON BAY,CA94019
  PUBLIC CHARITY MENTAL HEALTH AND CAPACITY BUILDING 60,000

HUMAN INVESTMENT PROJECT INC

800 SOUTH CLAREMONT STREET SUITE
210
SAN MATEO,CA94402
  PUBLIC CHARITY SELF SUFFICIENCY PROGRAM 60,000

ONE LIFE COUNSELING CENTER

1303 SAN CARLOS AVE
SAN CARLOS,CA94070
  PUBLIC CHARITY GENERAL SUPPORT TO EXPAND WORK PROVIDING MENTAL HEALTH ACCESS & EARLY INTERVENTION FOR AT-RISK YOUTH 60,000

YMCA OF SAN FRANCISCO

169 STEUART STREET
SAN FRANCISCO,CA94105
  PUBLIC CHARITY MENTAL HEALTH SERVICES IN SAN MATEO COUNTY 60,000

EL CONCILIO OF SAN MATEO COUNTY

3180 MIDDLEFIELD ROAD
REDWOOD CITY,CA94063
  PUBLIC CHARITY STRATEGIC PLANNING AND RE-BRANDING 55,000

STRATEGIC ENERGY INNOVATIONS

100 SMITH RANCH ROAD SUITE 124
SAN RAFAEL,CA94903
  PUBLIC CHARITY CLIMATE CORPS EDUCATION OUTSIDE 55,000

TEN STRANDS

PO BOX 150869
SAN RAFAEL,CA94915
  PUBLIC CHARITY ENVIRONMENTAL SOLUTIONARY TEACHER FELLOWSHIP 9.0 55,000

ADOLESCENT COUNSELING SERVICES

1779 WOODSIDE ROAD SUITE 200
REDWOOD CITY,CA94061
  PUBLIC CHARITY MENTAL HEALTH ACCESS FOR YOUTH INITIATIVE 50,000

CANOPY

3921 EAST BAYSHORE ROAD
PALO ALTO,CA94303
  PUBLIC CHARITY GENERAL SUPPORT 50,000

CITIZEN FILM INC

1426 FILLMORE STREET 201
SAN FRANCISCO,CA94115
  PUBLIC CHARITY AMERICAN CREED 50,000

CITY OF REDWOOD CITY

1017 MIDDLEFIELD ROAD
REDWOOD CITY,CA94063
  CITY GOVERNMENT ACT CREATE ENGAGE (ACE) TRANSITION AGE YOUTH PROGRAM THROUGH REDWOOD CITY TOGETHER AND REDWOOD CITY'S POLICE ACTIVITY LEAGUE 50,000

COMMON SENSE MEDIA

699 8TH STREET SUITE C150
SAN FRANCISCO,CA94103
  PUBLIC CHARITY GENERAL SUPPORT 50,000

COUNSELING AND SUPPORT SERVICES FOR YOUTH

544 VALLEY WAY
MILPITAS,CA95035
  PUBLIC CHARITY RAVENSWOOD CITY SCHOOL DISTRICT MENTAL HEALTH SUPPORT 50,000

GREEN FOOTHILLS

3921 EAST BAYSHORE ROAD
PALO ALTO,CA94303
  PUBLIC CHARITY LEADERSHIP PROGRAM 50,000

JEFFERSON UNION HIGH SCHOOL DISTRICT

699 SERRAMONTE BOULEVARD SUITE 100
DALY CITY,CA94015
  CITY GOVERNMENT DALY CITY YOUTH HEALTH CENTER - CAPACITY BUILDING FOR BEHAVIORAL HEALTH SERVICES 50,000

JOBTRAIN INC

1200 O BRIEN DRIVE
MENLO PARK,CA94025
  PUBLIC CHARITY GENERAL SUPPORT 50,000

KARA

457 KINGSLEY AVENUE
PALO ALTO,CA94301
  PUBLIC CHARITY GENERAL SUPPORT 50,000

LEAGUE TO SAVE LAKE TAHOE

2608 LAKE TAHOE BLVD
SOUTH LAKE TAHOE,CA96150
  PUBLIC CHARITY ENVIRONMENT AND EDUCATION CENTER CAPITAL CAMPAIGN 50,000

MONTEREY BAY AQUARIUM FOUNDATION

886 CANNERY ROW
MONTEREY,CA93940
  PUBLIC CHARITY GENERAL SUPPORT 50,000

NUESTRA CASA DE EAST PALO ALTO

PO BOX 52004
EAST PALO ALTO,CA94303
  PUBLIC CHARITY EXPANDING ENVIRONMENTAL JUSTICE FOR NORTH FAIR OAKS & REDWOOD CITY 50,000

STARVISTA

610 ELM STREET SUITE 212
SAN CARLOS,CA94070
  PUBLIC CHARITY SCHOOL-BASED MENTAL HEALTH SERVICES 50,000

UPWARD SCHOLARS

855 JEFFERSON AVE BOX 506
REDWOOD CITY,CA94064
  PUBLIC CHARITY GENERAL SUPPORT 50,000

ACKNOWLEDGE ALLIANCE

2483 OLD MIDDLEFIELD WAY SUITE201
MOUNTAIN VIEW,CA94043
  CITY GOVERNMENT MENTAL HEALTH SERVICES IN SAN MATEO COUNTY 45,000

CORA COMMUNITY OVERCOMING RELATIONSHIP ABUSE

2211 PALM AVE
SAN MATEO,CA94403
  PUBLIC CHARITY FAMILY CENTERED MENTAL HEALTH 40,000

COURT APPOINTED SPECIAL ADVOCATES (CASA) OF SAN MATEO COUNTY

SOBRATO CENTER FOR NONPROFITS 330
TWIN DOLPHIN DRIVE SUITE 139
REDWOOD CITY,CA94065
  PUBLIC CHARITY MENTAL HEALTH AND ACADEMIC SUPPORT PROGRAMS 40,000

EAST PALO ALTO ACADEMY FOUNDATION

PO BOX 50803
PALO ALTO,CA94303
  PUBLIC CHARITY PROMOTING STUDENT MENTAL HEALTH 40,000

LUCILE PACKARD FOUNDATION FOR CHILDREN'S HEALTH

400 HAMILTON AVE SUITE 340
PALO ALTO,CA94301
  PUBLIC CHARITY CIRCLE OF CARE 40,000

MULTIPLIER

548 MARKET ST PMB 81178
SAN FRANCISCO,CA94104
  PUBLIC CHARITY KITCHEN TABLE ADVISORS PROVIDING GENERAL SUPPORT IN SAN MATEO COUNTY 40,000

PENINSULA COLLEGE FUND

SOBRATO CENTER FOR NONPROFITS 526
VALLEY WAY
MILPITAS,CA95035
  PUBLIC CHARITY GENERAL SUPPORT 40,000

VIDA VERDE NATURE EDUCATION

3540 LA HONDA ROAD
SAN GREGORIO,CA94074
  PUBLIC CHARITY GENERAL SUPPORT 40,000

EAST PALO ALTO YOUTH ARTS & MUSIC CENTER

1950 BAY ROAD
EAST PALO ALTO,CA94303
  PUBLIC CHARITY GENERAL SUPPORT 35,000

COASTAL QUEST

2625 ALCATRAZ AVE 609
BERKELEY,CA94705
  PUBLIC CHARITY RISE SOUTH CITY GENERAL SUPPORT 30,000

NATIONAL CENTER FOR EQUINE FACILITATED THERAPY

880 RUNNYMEDE ROAD
WOODSIDE,CA94062
  PUBLIC CHARITY ASSISTED MENTAL HEALTH & RESILIENCE PROGRAMMING FOR YOUTH RESIDING IN SAN MATEO COUNTY 30,000

SILICON VALLEY SOCIAL VENTURE FUND

350 TWIN DOLPHIN DRIVE SUITE 103
REDWOOD CITY,CA94065
  PUBLIC CHARITY GENERAL SUPPORT 30,000

JONSSON CANCER CENTER FOUNDATION - UCLA

8-950 FACTOR BUILDING BOX 951780
LOS ANGELES,CA90095
  PUBLIC CHARITY OVARIAN CANCER RESEARCH UNDER THE DIRECTION OF DR. GOTTFRIED KONECNY 27,000

FAMILIAS TOMANDO ACCION - FAMILIES TAKING ACTION

2268 WESTBOROUGH BOULEVARD SUITE
302 BOX 151
SOUTH SAN FRANCISCO,CA94080
  PUBLIC CHARITY GENERAL SUPPORT FOR START-UP 25,000

NAMI SAN MATEO COUNTY

1730 SO AMPHLETT BLVD SUITE 308
SAN MATEO,CA94402
  PUBLIC CHARITY YOUTH SERVICES 25,000

SECOND HARVEST OF SILICON VALLEY

4001 N FIRST ST
SAN JOSE,CA95134
  PUBLIC CHARITY GENERAL SUPPORT 25,000

EASTSIDE COLLEGE PREPARATORY SCHOOL

1041 MYRTLE STREET
EAST PALO ALTO,CA94303
  PUBLIC CHARITY GENERAL SUPPORT 21,000

AYUDANDO LATINOS A SOAR

636 PURISSIMA STREET
HALF MOON BAY,CA94019
  PUBLIC CHARITY EMERGENCY SUPPORT FOR FLOOD RELIEF 20,000

LEAGUE TO SAVE LAKE TAHOE

2608 LAKE TAHOE BLVD
SOUTH LAKE TAHOE,CA96150
  PUBLIC CHARITY KEEP TAHOE BLUE PROGRAMS 20,000

SILICON VALLEY COMMUNITY FOUNDATION

2440 WEST EL CAMINO REAL SUITE 300
MOUNTAIN VIEW,CA94040
  PUBLIC CHARITY DONOR CIRCLE FOR ENVIRONMENT 20,000

MAVERICKS COMMUNITY FOUNDATION

PO BOX 874
EL GRANADA,CA94018
  PUBLIC CHARITY COASTSIDE GIVES 15,000

PRESBYTERIAN CHURCH USA

945 PORTOLA ROAD
PORTOLA VALLEY,CA94028
  PUBLIC CHARITY GENERAL SUPPORT FOR VALLEY PRESBYTERIAN CHURCH 15,000

WITHALL

5354 PARKDALE DRIVE
SAINT LOUIS PARK,MN55416
  PUBLIC CHARITY GENERAL SUPPORT 14,000

CALMATTERS

1017 L STREET 261
SACRAMENTO,CA95814
  PUBLIC CHARITY GENERAL SUPPORT 10,000

COASTSIDE HOPE

PO BOX 1089
EL GRANADA,CA94018
  PUBLIC CHARITY EMERGENCY SUPPORT FOR FARMWORKER FUND 10,000

ONE LIFE COUNSELING CENTER

1303 SAN CARLOS AVE
SAN CARLOS,CA94070
  PUBLIC CHARITY EMERGENCY SUPPORT FOR FLOOD RELIEF 10,000

OPEN GOAL PROJECT

1640 COLUMBIA RD NW
WASHINGTON,DC20009
  PUBLIC CHARITY GENERAL SUPPORT 10,000

PUENTE DE LA COSTA SUR

PO BOX 237 620 NORTH STREET
PESCADERO,CA94060
  PUBLIC CHARITY EMERGENCY SUPPORT FOR FLOOD RELIEF 10,000

RIEKES CENTER FOR HUMAN ENHANCEMENT

3455 EDISON WAY
MENLO PARK,CA94025
  PUBLIC CHARITY GENERAL SUPPORT 10,000

STREETCODE ACADEMY

PO BOX 51867
EAST PALO ALTO,CA94303
  PUBLIC CHARITY GENERAL SUPPORT FOR ONYXX VILLAGE CONNECTION 10,000

VIDA VERDE NATURE EDUCATION

3540 LA HONDA ROAD
SAN GREGORIO,CA94074
  PUBLIC CHARITY GENERAL SUPPORT 10,000

CHILDREN'S HEALTH COUNCIL INC

650 CLARK WAY
PALO ALTO,CA94304
  PUBLIC CHARITY TEAM WELLNESS GRANT 7,500

FRIENDS FOR YOUTH INC

3460 W BAYSHORE RD SUITE 203
PALO ALTO,CA94303
  PUBLIC CHARITY TEAM WELLNESS GRANT 7,500

LUCILE PACKARD FOUNDATION FOR CHILDREN'S HEALTH

400 HAMILTON AVE SUITE 340
PALO ALTO,CA94301
  CITY GOVERNMENT TEAM WELLNESS GRANT 7,500

ENVIRONMENTAL GRANTMAKERS ASSOCIATION

475 RIVERSIDE DRIVE SUITE 960 SUITE
960
NEW YORK,NY10115
  PUBLIC CHARITY BLUE SKY FUNDERS - 2023 ANNUAL MEMBERSHIP 5,500

ALZHEIMER'S ASSOCIATION

NATIONAL OFFICE 225 N MICHIGAN AVE
FL 17
CHICAGO,IL60601
  PUBLIC CHARITY PART THE CLOUD 5,000

FACING HISTORY AND OURSELVES

16 HURD RD
BROOKLINE,MA02445
  PUBLIC CHARITY GENERAL SUPPORT - NORTHERN CALIFORNIA REGION 5,000

KARA

457 KINGSLEY AVENUE
PALO ALTO,CA94301
  PUBLIC CHARITY GENERAL SUPPORT 5,000

LUCILE PACKARD FOUNDATION FOR CHILDREN'S HEALTH

400 HAMILTON AVE SUITE 340
PALO ALTO,CA94301
  PUBLIC CHARITY GENERAL SUPPORT 5,000

PENINSULA FOOD RUNNERS INC

PO BOX 460612
SAN FRANCISCO,CA94146
  PUBLIC CHARITY GENERAL SUPPORT 5,000

SMITHSONIAN INSTITUTION

1000 JEFFERSON DR SW SI BUILDING
ROOM 153 MRC 010
WASHINGTON,DC20560
  PUBLIC CHARITY NATIONAL MUSEUM OF NATURAL HISTORY - IN HONOR OF JOHN FOSTER 5,000

THEATREWORKS SILICON VALLEY

SOBRATO CENTER FOR NONPROFITS 350
TWIN DOLPHIN DRIVE SUITE 127
REDWOOD CITY,CA94065
  PUBLIC CHARITY GENERAL SUPPORT 5,000

THRIVE ALLIANCE

SOBRATO CENTER FOR NONPROFITS -
REDWOOD SHORES 330 TWIN DOLPHIN DRI
REDWOOD CITY,CA94065
  PUBLIC CHARITY CLIMATE SUMMIT 5,000

PENINSULA HEALTH CARE DISTRICT

1819 TROUSDALE DR
BURLINGAME,CA94010
  PUBLIC CHARITY ALLCOVE SAN MATEO BOARD MEETING HONORARIUM 5,000

AMAH MUTSUN LAND TRUST

2460 17TH AVE 1019
SANTA CRUZ,CA95062
  PUBLIC CHARITY GENERAL SUPPORT 2,500

BOYS & GIRLS CLUBS OF THE PENINSULA

401 PIERCE ROAD
MENLO PARK,CA94025
  PUBLIC CHARITY HONORARIUM 2,500

CHICANA FOUNDATION OF NORTHERN CALIFORNIA

1419 BURLINGAME AVE SUITE W2
BURLINGAME,CA94010
  PUBLIC CHARITY GENERAL SUPPORT 2,500

JOBTRAIN INC

1200 O BRIEN DRIVE
MENLO PARK,CA94025
  PUBLIC CHARITY HONORARIUM 2,500

RENAISSANCE ENTREPRENEURSHIP CENTER

275 FIFTH STREET 2ND FLOOR
SAN FRANCISCO,CA94103
  PUBLIC CHARITY HONORARIUM 2,500

SING FOR AMERICA FOUNDATION

462 BUENA VISTA AVE E
SAN FRANCISCO,CA94117
  PUBLIC CHARITY GENERAL SUPPORT 2,500

ST FRANCIS CENTER OF REDWOOD CITY

151 BUCKINGHAM AVENUE
REDWOOD CITY,CA94063
  PUBLIC CHARITY GENERAL SUPPORT 2,500

THRIVE ALLIANCE

SOBRATO CENTER FOR NONPROFITS -
REDWOOD SHORES 330 TWIN DOLPHIN DRI
REDWOOD CITY,CA94065
  PUBLIC CHARITY MEMBERSHIP 2,500

YOUNG MUSICIANS CHORAL ORCHESTRA

2020 MILVIA ST SUITE 420 4TH FLOOR
BERKELEY,CA94704
  PUBLIC CHARITY GENERAL SUPPORT 2,500

GRANTMAKERS FOR EDUCATION

400 SE 103RD DR 33348
PORTLAND,OR97216
  PUBLIC CHARITY MEMBERSHIP 1,900

LUCILE PACKARD FOUNDATION FOR CHILDREN'S HEALTH

400 HAMILTON AVE SUITE 340
PALO ALTO,CA94301
  PUBLIC CHARITY GENERAL SUPPORT 1,500

MCKINLEY PTA

110 ELLIS STREET
PETALUMA,CA94952
  PUBLIC CHARITY GENERAL SUPPORT 1,000

THRIVE ALLIANCE

SOBRATO CENTER FOR NONPROFITS -
REDWOOD SHORES 330 TWIN DOLPHIN DRI
REDWOOD CITY,CA94065
  PUBLIC CHARITY GENERAL SUPPORT 500
Total .................................right arrow 3a 5,337,400
bApproved for future payment

BOYS & GIRLS CLUBS OF THE PENINSULA
401 PIERCE ROAD
MENLO PARK,CA94025
  PUBLIC CHARITY NORTH COUNTY EXPANSION 100,000

DALY CITY PENINSULA PARTNERSHIP COLLABORATIVE
725 PRICE STREET
DALY CITY,CA94014
  PUBLIC CHARITY THE NORTH COUNTY COLLABORATIVE MENTAL HEALTH PARTNERSHIP 200,000

PENINSULA BRIDGE PROGRAM
177 BOVET RD SUITE 120
SAN MATEO,CA94402
  PUBLIC CHARITY GENERAL SUPPORT 100,000

SAVE THE BAY
560 14TH STREET 400
OAKLAND,CA94612
  PUBLIC CHARITY THE CAMPAIGN FOR SAVE THE BAY 125,000

LEGAL AID SOCIETY OF SAN MATEO COUNTY
SOBRATO CENTER FOR NONPROFITS 330
TWIN DOLPHIN DRIVE SUITE 123
REDWOOD CITY,CA94065
  PUBLIC CHARITY HOMESAVERS: PRESERVING AFFORDABLE HOUSING 75,000

PENINSULA CONFLICT RESOLUTION CENTER
1670 SOUTH AMPHLETT BLVD SUITE 115
SAN MATEO,CA94402
  PUBLIC CHARITY GENERAL SUPPORT FOR NORTH SAN MATEO COUNTY 75,000

PIE RANCH
PO BOX 363
PESCADERO,CA94060
  PUBLIC CHARITY GENERAL OPERATING SUPPORT 75,000

RENAISSANCE ENTREPRENEURSHIP CENTER
275 FIFTH STREET 2ND FLOOR
SAN FRANCISCO,CA94103
  PUBLIC CHARITY SAN MATEO COUNTY ENTREPRENEURSHIP PROGRAM 75,000

EASTSIDE COLLEGE PREPARATORY SCHOOL
1041 MYRTLE STREET
EAST PALO ALTO,CA94303
  PUBLIC CHARITY GENERAL SUPPORT 21,000

SILICON VALLEY SOCIAL VENTURE FUND
350 TWIN DOLPHIN DRIVE SUITE 103
REDWOOD CITY,CA94065
  PUBLIC CHARITY GENERAL SUPPORT 30,000

CANOPY
3921 EAST BAYSHORE ROAD
PALO ALTO,CA94303
  PUBLIC CHARITY GENERAL SUPPORT 50,000

CITIZEN FILM INC
1426 FILLMORE STREET 201
SAN FRANCISCO,CA94115
  PUBLIC CHARITY AMERICAN CREED 50,000

JEFFERSON UNION HIGH SCHOOL DISTRICT
699 SERRAMONTE BOULEVARD SUITE 100
DALY CITY,CA94015
  CITY GOVERNMENT DALY CITY YOUTH HEALTH CENTER - CAPACITY BUILDING FOR BEHAVIORAL HEALTH SERVICES 50,000

NUESTRA CASA DE EAST PALO ALTO
PO BOX 52004
EAST PALO ALTO,CA94303
  PUBLIC CHARITY EXPANDING ENVIRONMENTAL JUSTICE FOR NORTH FAIR OAKS & REDWOOD CITY 50,000

UPWARD SCHOLARS
855 JEFFERSON AVE BOX 506
REDWOOD CITY,CA94064
  PUBLIC CHARITY GENERAL SUPPORT 50,000

LEAGUE TO SAVE LAKE TAHOE
2608 LAKE TAHOE BLVD
SOUTH LAKE TAHOE,CA96150
  PUBLIC CHARITY KEEP TAHOE BLUE PROGRAMS 20,000

PENINSULA COLLEGE FUND
SOBRATO CENTER FOR NONPROFITS 526
VALLEY WAY
MILPITAS,CA95035
  PUBLIC CHARITY GENERAL SUPPORT 40,000

FAMILIAS TOMANDO ACCION - FAMILIES TAKING ACTION
2268 WESTBOROUGH BOULEVARD SUITE
302 BOX 151
SOUTH SAN FRANCISCO,CA94080
  PUBLIC CHARITY GENERAL SUPPORT FOR START-UP 25,000
Total ................................. right arrow 3b 1,211,000
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 2,453,883  
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 .....     14 70,450  
8 Gain or (loss) from sales of assets other than
inventory ............
    18 664,772  
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 3,189,105 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,189,105
(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:
SAND HILL FOUNDATION
EIN:
94-3219107
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 30,775 0   0

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

TY 2023 DepreciationSchedule
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)
Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
FURNITURE 1999-03-07 5,700 5,700 SL 7.000000000000 0 0    
FURNITURE 1999-02-27 700 700 SL 7.000000000000 0 0    
COMPUTER EQUIPMENT 2003-04-10 5,267 5,267 SL 5.000000000000 0 0    
SCANNER 2004-02-24 879 879 SL 5.000000000000 0 0    
COMPUTER 2004-09-28 1,813 1,813 SL 5.000000000000 0 0    
COMPUTER 2004-11-02 956 956 SL 5.000000000000 0 0    
LAPTOP 2006-01-12 4,769 4,769 SL 5.000000000000 0 0    
TOUGHBOOK-NETWORK 2006-04-06 3,480 3,480 SL 5.000000000000 0 0    
TOUGHBOOK-NETWORK 2006-08-03 2,975 2,975 SL 5.000000000000 0 0    
MAPLE CABINET 2007-12-20 2,911 2,911 SL 7.000000000000 0 0    
COMPUTER 2008-04-11 1,039 1,039 SL 3.000000000000 0 0    
SYMANTAC-NETWORK 2008-01-10 7,874 7,874 SL 3.000000000000 0 0    
COMPUTER 2008-12-31 1,910 1,910 SL 3.000000000000 0 0    
2 CHAIRS 2010-08-04 2,165 2,165 SL 7.000000000000 0 0    
COMPUTER 2011-12-31 870 870 SL 3.000000000000 0 0    
FURNITURE 2016-07-01 32,150 29,854 SL 7.000000000000 2,296 0    
FURNITURE 2019-12-31 7,240 3,102 SL 7.000000000000 1,034 0    
LEASEHOLD IMPROVEMENTS 2020-02-06 23,514 4,573 SL 15.000000000000 1,568 0    
LEASEHOLD IMPROVEMENTS 2020-05-28 42,990 7,404 SL 15.000000000000 2,866 0    
LEASEHOLD IMPROVEMENTS 2020-07-07 9,056 1,510 SL 15.000000000000 604 0    
LAPTOP 2022-12-01 1,293 15 SL 7.000000000000 185 0    

TY 2023 InvestmentsCorpStockSchedule
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Name of Stock End of Year Book Value End of Year Fair Market Value
JP MORGAN - "A" MMKT A/C 2,127,457 2,127,457
JPM "Q" PRIME MM 77 77
JPM "A" EQUITIES 48,952,239 48,952,239
JPM "Q" EQUITIES 504 504
JPM "A" FIXED INCOME 28,296,344 28,296,344
JPM "A ALTERNATIVES 685,748 685,748
JPM "Q ALTERNATIVES 6,633,320 6,633,320

TY 2023 InvestmentsOtherSchedule2
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BAY AREA EQUITY FUND I, LP FMV 103,215 103,215
LEGACY VENTURE V (QP), LP FMV 417,875 417,875
LEGACY VENTURE VII, LLC FMV 3,111,318 3,111,318
LEGACY VENTURE XI, LLC FMV 161,374 161,374
HCAP PARTNERS V, LP FMV 127,695 127,695
AVANATH AFFORDABLE HOUSING RENAISSANCE FUND, LP FMV 624,883 624,883
WINDSAIL CREDIT QP FUND, LP FMV 404,826 404,826
IMPACT VENTURES IV, LP FMV 109,189 109,189
MEADOWLARK LANDS I, LP FMV 373,001 373,001
GREENBACKER RENEWABLE ENERGY COMPANY II, LLC FMV 250,000 250,000
FIFTH WALL EARLY-STAGE CLIMATE TECH FUND, LP FMV 171,029 171,029
THE RISE FUND (B), LP FMV 1,020,525 1,020,525
SHARED SPV-C LLC FMV 300,000 300,000
GENERATE CAPITAL, INC FMV 672,889 672,889
SEGREGATED INVESTMENT VEHICLE I, SP PRIVATE DEBT INVESTMENT FMV 509,231 509,231
COMMON SENSE NETWORKS PBC INVESTMENT FMV 250,000 250,000
GENERATION IM SUSTAINABLE SOLUTIONS FMV 117,500 117,500
ASTANOR VENTURES II FMV 155,517 155,517
KIMPACT EVERGREEN RE FMV 488,256 488,256
CLEAN GROWTH FEEDER FUND IV FMV 293,344 293,344
NEC FUND VI FMV 198,126 198,126

TY 2023 LandEtcSchedule2
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
FURNITURE 5,700 5,700 0  
FURNITURE 700 700 0  
COMPUTER EQUIPMENT 5,267 5,267 0  
SCANNER 879 879 0  
COMPUTER 1,813 1,813 0  
COMPUTER 956 956 0  
LAPTOP 4,769 4,769 0  
TOUGHBOOK-NETWORK 3,480 3,480 0  
TOUGHBOOK-NETWORK 2,975 2,975 0  
MAPLE CABINET 2,911 2,911 0  
COMPUTER 1,039 1,039 0  
SYMANTAC-NETWORK 7,874 7,874 0  
COMPUTER 1,910 1,910 0  
2 CHAIRS 2,165 2,165 0  
COMPUTER 870 870 0  
FURNITURE 32,150 32,150 0  
FURNITURE 7,240 4,136 3,104  
LEASEHOLD IMPROVEMENTS 23,514 6,141 17,373  
LEASEHOLD IMPROVEMENTS 42,990 10,270 32,720  
LEASEHOLD IMPROVEMENTS 9,056 2,114 6,942  
LAPTOP 1,293 200 1,093  


TY 2023 OtherAssetsSchedule
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
SECURITY DEPOSIT 7,080 7,080 7,080
CAPITALIZED LEASE 153,556 114,235 114,235
CA REBUILDING FUND, LLC PROGRAM RELATED INVESTMENT 463,977 298,991 298,991


TY 2023 OtherExpensesSchedule
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUTOMOBILE EXPENSES 12,003 0   0
BANK FEES 725 0   0
CELLULAR, PHONE AND INTERNET 4,464 0   4,464
DUES AND SUBSCRIPTIONS 1,045 0   1,045
FOUNDATION MANAGEMENT SERVICES 555,038 0   555,038
HEALTH 14,148 0   12,733
INSURANCE 488 0   0
IT AND COMPUTER SUPPORT FEES 5,688 0   4,395
MEALS AND ENTERTAINMENT EXPENSE 9,180 0   7,005
OFFICE SUPPLIES 935 0   0
OTHER NONPROFIT SUPPORT -3,491 0   -3,741
PASSTHROUGH EXPENSES FROM BAY AREA EQUITY FUND I 0 0   0
PASSTHROUGH EXPENSES FROM FIFTH WALL EARLY STAGE CLIMATE TECHNOLOGY FUND 6,559 6,559   0
PASSTHROUGH EXPENSES FROM HCAP PARTNERS V 31,057 31,057   0
PASSTHROUGH EXPENSES FROM IMPACT VENTURES IV 5,482 5,482   0
PASSTHROUGH EXPENSES FROM LEGACY V 4,579 4,579   0
PASSTHROUGH EXPENSES FROM LEGACY VENTURES XI 10,276 10,276   0
PASSTHROUGH EXPENSES FROM LEGACY VII 23,404 23,404   0
PASSTHROUGH EXPENSES FROM NEC FUND VI (OFFSHORE), LP 3,340 3,340   0
PASSTHROUGH EXPENSES FROM MEADOWLARK LANDS I 10,896 10,896   0
PASSTHROUGH EXPENSES FROM SEQUOIA X 0 0   0
PASSTHROUGH EXPENSES FROM KIMPACT EVERGREEN REAL ESTATE INVESTMENT FUND 2,911 2,911   0
PASSTHROUGH EXPENSES FROM THE RISE FUND (B), LP 12,646 12,646   0
PASSTHROUGH EXPENSES FROM THE RISE FUND AIRSTREAM AIV 106 106   0
PASSTHROUGH EXPENSES FROM THE RISE FUND AIV I 246 246   0
PASSTHROUGH EXPENSES FROM THE RISE FUND CARTHAGE AIV II 59 59   0
PASSTHROUGH EXPENSES FROM THE RISE FUND DE AIV I 120 120   0
PASSTHROUGH EXPENSES FROM THE RISE FUND III 23,373 23,373   0
PASSTHROUGH EXPENSES FROM THE RISE FUND III CAYFIR AIV I-B 40 40   0
PASSTHROUGH EXPENSES FROM THE RISE FUND III CAYMAN AIV I 25 25   0
PASSTHROUGH EXPENSES FROM THE RISE FUND III DE AIV I 11 11   0
PASSTHROUGH EXPENSES FROM THE RISE FUND III FIRPTA AIV II 288 288   0
PASSTHROUGH EXPENSES FROM TPG RISE CLIMATE 32,828 32,828   0
PASSTHROUGH EXPENSES FROM TPG RISE CLIMATE CAYFIR AIV I-B 1 1   0
PASSTHROUGH EXPENSES FROM TPG RISE CLIMATE CAYMAN AIV I 121 121   0
PASSTHROUGH EXPENSES FROM TPG RISE CLIMATE DE AIV I 10 10   0
PASSTHROUGH EXPENSES FROM TPG RISE CLIMATE FIRPTA AIV II 527 527   0
PAYROLL FEES 1,323 0   1,323
POSTAGE 577 0   577
SEMINAR/MEETINGS 1,702 0   1,702
WEBSITE EXPENSES 350 0   0
LICENSES AND PERMITS 20 0   20
MISCELLANEOUS EXPENSE 40 0   41
ORDINARY LOSS FROM SHARES SPV-C LLC 59,577 0   0
ORDINARY LOSS FROM AVANATH AFFORDABLE HOUSING RENAISSANCE FUND, LP 3,640 0   0
ORDINARY LOSS FROM TPG RISE CLIMATE CAYMAN AIV I, LP 68 0   0
ORDINARY LOSS FROM KIMPACT EVERGREEN REAL ESTATE INVESTMENT FUND 9,344 0   0


TY 2023 OtherIncomeSchedule2
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER LOSS FROM LEGACY VENTURE V (QP), LLC 3,010 3,010 3,010
OTHER INCOME FROM LEGACY VENTURE VII, LLC 52,459 52,459 52,459
OTHER INCOME FROM THE RISE FUND (B), LP 11 11 11
OTHER INCOME FROM THE RISE FUND AIV I 3,235 3,235 3,235
OTHER INCOME FROM LEGACY VENTURES XI, LLC 1 1 1
ORDINARY INCOME FROM WINDSAIL CREDIT QP FUND, LP 11,734 11,734 11,734


TY 2023 OtherIncreasesSchedule
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Description Amount
BOOK-TAX INCREASE/DECREASE 7,467,039


TY 2023 OtherLiabilitiesSchedule
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED TAX LIABILITY 115,000 216,000
DUE TO FINANCIAL INSTITUTION 417,472 604,460
LEASE LIABILITY 153,556 114,235
PAYROLL LIABILITIES 0 0


TY 2023 OtherProfessionalFeesSchedule
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 230,286 230,286   0
PROFESSIONAL FEES - OTHER 100,000 0   0


TY 2023 TaxesSchedule
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 15,201 0   15,201