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
CARL & ROBERTA DEUTSCH FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2444 WILSHIRE BLVD 600
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SANTA MONICA, CA90403
A Employer identification number

95-4610378
B Telephone number (see instructions)

(310) 453-0055
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$178,985,199J 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) 7,981,439
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 941,097 941,097  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,441,129
b Gross sales price for all assets on line 6a 12,332,340
7 Capital gain net income (from Part IV, line 2)... 5,848,852
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
0 3,892,703  
12 Total. Add lines 1 through 11........ 13,363,665 10,682,652  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 364,124 0   364,124
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
6,568 0   6,568
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
87,400 0   87,400
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
951,206 271,001   680,205
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
270,811 126,427   25
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 11,300 0   11,300
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
35,933 945,051   65,269
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,727,342 1,342,479   1,214,891
25 Contributions, gifts, grants paid....... 9,034,200 8,954,200
26 Total expenses and disbursements. Add lines 24 and 25 10,761,542 1,342,479   10,169,091
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,602,123
b Net investment income (if negative, enter -0-) 9,340,173
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......... 722,698 683,435 683,435
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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).......... 161,328,029 Click to see attachment
List of Attached Documents:
// Content
178,187,390 		178,187,390
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
82,429 		Click to see attachment
List of Attached Documents:
// Content
114,374 		Click to see attachment
List of Attached Documents:
// Content
114,374
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 162,133,156 178,985,199 178,985,199
Liabilities 17 Accounts payable and accrued expenses.......... 27,620 78,284
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
856,399 		Click to see attachment
List of Attached Documents:
// Content
1,052,358
23 Total liabilities (add lines 17 through 22)......... 884,019 1,130,642
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........... 161,249,137 177,854,557
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)..... 161,249,137 177,854,557
30 Total liabilities and net assets/fund balances (see instructions). 162,133,156 178,985,199
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
161,249,137
2
Enter amount from Part I, line 27a .....................
2
2,602,123
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
14,003,297
4
Add lines 1, 2, and 3 ..........................
4
177,854,557
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
177,854,557
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS FROM PARTNERSHIPS P    
c
d
e
(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 12,332,340   11,764,621 567,719
b       5,281,133
c
d
e
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       567,719
b       5,281,133
c
d
e
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 5,848,852
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) 1 129,828
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........................... 3 129,828
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- ..... 5 129,828
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 189,187
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 25,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 214,187
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 84,359
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow84,359 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowKRISTINA DEUTSCH Telephone no.right arrow (310) 453-0055

Located atright arrow2444 WILSHIRE BLVD SUITE 600SANTA MONICACA ZIP+4right arrow90403
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)
Yes
 
(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
CARL DEUTSCH PRESIDENT
1.00 		0 0 0
2444 WILSHIRE BLVD SUITE 600
SANTA MONICA,CA90403
KRISTINA DEUTSCH SECRETARY
1.00 		0 0 0
2444 WILSHIRE BLVD SUITE 600
SANTA MONICA,CA90403
JANIS MINTON TRUSTEE
1.00 		260,000 0 0
2444 WILSHIRE BLVD SUITE 600
SANTA MONICA,CA90403
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
JACQUELINE CHUN CHIEF PROGRAMS & OPE
40.00 		229,177 0 0
2444 WILSHIRE BLVD SUITE 600
SANTA MONICA,CA90403
KELLY LI LUU ADMINISTRATIVE ASSIS
40.00 		65,922 0 0
2444 WILSHIRE BLVD SUITE 600
SANTA MONICA,CA90403
ALYSSA GIBBONS PROGRAM ASSOCIATE
40.00 		50,467 0 0
2444 WILSHIRE BLVD SUITE 600
SANTA MONICA,CA90403
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
GOLDMAN SACHS AND CO LLC INVESTMENT MANAGEMENT 271,001
10100 SANTA MONICA BOULEVARD SUITE
2600
LOS ANGELES,CA90067
JEFF SCHEAFER CONSULTING CONSULTING 206,250
2444 WILSHIRE BLVD 622
SANTA MONICA,CA90403
BLUE GARNET CONSULTING 91,420
8055 WEST MANCHESTER AVENUE SUITE
430
LOS ANGELES,CA90293
DELOITTE & TOUCHE LLP PROFESSIONAL FEES 87,400
555 W 5TH STREET SUITE 2700
LOS ANGELES,CA90013
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
25,521,252
b
Average of monthly cash balances.......................
1b
1,135,675
c
Fair market value of all other assets (see instructions)................
1c
146,914,168
d
Total (add lines 1a, b, and c).........................
1d
173,571,095
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
173,571,095
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,603,566
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
170,967,529
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
8,548,376
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
8,548,376
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
129,828
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
129,828
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
8,418,548
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
8,418,548
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
8,418,548
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
10,169,091
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
10,169,091
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 8,418,548
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......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022...... 446,495
f Total of lines 3a through e ........ 446,495
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 10,169,091
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		Click to see attachment
List of Attached Documents:
// Content
0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 8,418,548
e Remaining amount distributed out of corpus 1,750,543
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 2,197,038
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) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		2,197,038
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022.... 446,495
e Excess from 2023.... 1,750,543
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).)
CARL DEUTSCH
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

24TH STREET THEATRE COMPANY

1117 WEST 24TH STREET
LOS ANGELES,CA90007 		NONE PC ARTS EDUCATION 60,000

ADVANCEMENT THROUGH OPPORTUNITY AND KNOWLEDGE INC

1200 W 37TH PL
LOS ANGELES,CA90007 		NONE PC YOUTH DEVELOPMENT 100,000

ARTS FOR INCARCERATED YOUTH NETWORK

830 TRACTION AVENUE SUITE 3A
LOS ANGELES,CA90013 		NONE PC YOUTH DEVELOPMENT 125,000

ASSISTANCE LEAGUE OF LOS ANGELES

6640 SUNSET BLVD
LOS ANGELES,CA90028 		NONE PC SOCIAL SERVICES 1,000

BOYS & GIRLS CLUBS OF CARSON

1950 E 220TH STREET SUITE 207
CARSON,CA90810 		NONE PC YOUTH DEVELOPMENT 25,000

CALIFORNIA HERITAGE MUSEUM

2612 MAIN ST
SANTA MONICA,CA90405 		NONE PC EDUCATION 5,000

CALIFORNIA HOSPITAL MEDICAL CENTER FOUNDATION

1401 S GRAND AVE
LOS ANGELES,CA90015 		NONE PC HEALTH 90,000

CALIFORNIA WILDLIFE CENTER

PO BOX 2022
MALIBU,CA90265 		NONE PC WELFARE 5,000

CASA OF LOS ANGELES

201 CENTRE PLAZA DRIVE 1100
MONTEREY PARK,CA91754 		NONE PC YOUTH DEVELOPMENT 95,000

CATHOLIC CHARITIES OF LOS ANGELES INC

1531 JAMES M WOOD BLVD
LOS ANGELES,CA90015 		NONE PC GENERAL SUPPORT 75,000

CCF COMMUNITY INITIATIVES FUND

717 W TEMPLE STREET
LOS ANGELES,CA90012 		NONE PC COMMUNITY DEVELOPMENT 305,000

CENTER FOR NONVIOLENT EDUCATION AND PARENTING

1000 SUNSET BOULEVARD 201
LOS ANGELES,CA90012 		NONE PC EDUCATION 50,000

CHILDREN'S INSTITUTE INC

2121 WEST TEMPLE STREET
LOS ANGELES,CA90026 		NONE PC YOUTH DEVELOPMENT 115,000

CHRYSALIS CENTER

522 SOUTH MAIN STREET
LOS ANGELES,CA90012 		NONE PC HEALTH 87,000

CITY OF HOPE

1500 EASTE DUARTE ROAD
DUARTE,CA91010 		NONE PC SOCIAL SERVICES 10,000

COALITION FOR RESPONSIBLE COMMUNITY DEVELOPMENT

3101 SOUTH GRAND AVENUE
LOS ANGELES,CA90007 		NONE PC COMMUNITY DEVELOPMENT 250,000

COMMUNITY PARTNERS

1000 NORTH ALAMEDA ST 240
LOS ANGELES,CA90012 		NONE PC WELFARE 275,000

DOOR OF HOPE

PO BOX 90455
PASADENA,CA91109 		NONE PC SOCIAL WELFARE 125,000

DOWNTOWN WOMEN'S CENTER

442 SOUTH SAN PEDRO STREET
LOS ANGELES,CA90013 		NONE PC SOCIAL SERVICES 125,000

ETM-LA INC

2501 W BURBANK BLVD 301
BURBANK,CA91505 		NONE PC GENERAL SUPPORT 100,000

EVERYBODY DANCE LA

2955 WILSHIRE BOULEVARD
LOS ANGELES,CA90010 		NONE PC ARTS EDUCATION 105,000

EVERYCHILD FOUNDATION

PO BOX 1808
PACIFIC PALISADES,CA90272 		NONE PC CHILD WELFARE 12,000

EXCEPTIONAL CHILDREN'S FOUNDATION

8740 WASHINGTON BOULEVARD
CULVER CITY,CA90232 		NONE PC WELFARE 35,000

FAMILIES FORWARD FAMILY LEARNING CENTER

980 NORTH FAIR OAKS AVENUE
PASADENA,CA91103 		NONE PC SOCIAL SERVICES 75,000

FERNANDO POLLUM COMMUNITY ARTS CENTER

3351 WEST 43RD STREET
LOS ANGELES,CA90008 		NONE PC ARTS EDUCATION 20,000

FIRST PLACE FOR YOUTH

426 17TH STREET NUMBER 100
OAKLAND,CA94612 		NONE PC YOUTH DEVELOPMENT 100,000

FOOTHILL FAMILY SERVICE

2500 EAST FOOTHILL BOULEVARD SUITE
300
PASADENA,CA91107 		NONE PC SOCIAL WELFARE 125,000

FOSTERING MEDIA CONNECTIONS

412 WEST 6TH STREET SUITE 925
LOS ANGELES,CA90014 		NONE PC CHILD WELFARE 65,000

FOUNTAIN THEATRE

5060 FOUNTAIN AVENUE
LOS ANGELES,CA90029 		NONE PC GENERAL SUPPORT 40,000

FRIENDS OF CABRILLO MARINE AQUARIUM

3720 STEPHEN WHITE WAY
SAN PEDRO,CA90731 		NONE PC GENERAL SUPPORT 10,000

FRIENDS OF MALIBU URGENT CARE

PO BOX 6836
MALIBU,CA90264 		NONE PC HEALTH 5,000

FRIENDS OF THE CHILDREN

111 QUINT ST
SAN FRANCISCO,CA94124 		NONE PC YOUTH DEVELOPMENT 25,000

FULCRUM ARTS

495 EAST COLORADO BOULEVARD
PASADENA,CA91101 		NONE PC ARTS EDUCATION 150,000

GOODWILL INDUSTRIES OF SOUTHERN CALIFORNIA

342 NORTH SAN FERNANDO ROAD
LOS ANGELES,CA90031 		NONE PC WELFARE 140,000

GRAND PERFORMANCES

350 SOUTH GRAND AVENUE
LOS ANGELES,CA90071 		NONE PC GENERAL SUPPORT 5,000

HABITAT FOR HUMANITY

8739 ARTESIA BLVD
BELLFLOWER,CA90706 		NONE PC COMMUNITY DEVELOPMENT 1,000

HARMONY PROJECT

325 N LARCHMONT BLVD 604
LOS ANGELES,CA90004 		NONE PC YOUTH DEVELOPMENT 100,000

HARVEST HOME INC

2118 WILSHIRE BLVD 358
SANTA MONICA,CA90403 		NONE PC HOMELESS SERVICES 100,000

HATHAWAY-SYCAMORES CHILD & FAMILY SERVICES

100 WEST WALNUT STREET
PASADENA,CA91124 		NONE PC SOCIAL SERVICES 120,000

HEART OF LOS ANGELES YOUTH INC

2701 WILSHIRE BOULEVARD SUITE 100
LOS ANGELES,CA90057 		NONE PC YOUTH DEVELOPMENT 70,000

HILLSIDES

5400 EAST OLYMPIC BOULEVARD 1ST
FLOOR
LOS ANGELES,CA90022 		NONE PC HEALTH 100,000

HOMEBOY INDUSTRIES

130 WEST BRUNO STREET
LOS ANGELES,CA90012 		NONE PC COMMUNITY DEVELOPMENT 175,000

ICAN CALIFORNIA ABILITIES NETWORK

2375 W SEPULVEDA
TORRANCE,CA90501 		NONE PC SOCIAL SERVICES 25,000

IFOSTER

PO BOX 159
TRUCKEE,CA96160 		NONE PC YOUTH DEVELOPMENT 100,000

IMAGINE LOS ANGELES

672 SOUTH LAFAYETTE PARK PLACE UNIT
28
LOS ANGELES,CA90057 		NONE PC HOMELESS SERVICES 160,000

INNER-CITY ARTS

720 KOHLER STREET
LOS ANGELES,CA90021 		NONE PC ARTS EDUCATION 95,000

JEWISH FEDERATION OF GREATER LA

6505 WILSHIRE BOULEVARD
LOS ANGELES,CA90048 		NONE PC RELIGIOUS 100,000

JOVENES INC

1208 PLEASANT AVENUE
LOS ANGELES,CA90033 		NONE PC COMMUNITY SERVICES 120,000

JUNIOR ACHIEVEMENT

6250 FOREST LAWN DRIVE
LOS ANGELES,CA90068 		NONE PC YOUTH DEVELOPMENT 75,000

JVS SOCAL

6505 WILSHIRE BOULEVARD SUITE 200
LOS ANGELES,CA90048 		NONE PC SOCIAL SERVICES 125,000

KOREATOWN YOUTH AND COMMUNITY CENTER

3727 WEST SIXTH STREET
LOS ANGELES,CA90020 		NONE PC SOCIAL SERVICES 100,000

LACNETS

PO BOX 370466
DENVER,CO80237 		NONE PC HEALTH 5,000

LEADERSUP

PO BOX 862190
LOS ANGELES,CA90086 		NONE PC YOUTH DEVELOPMENT 150,000

LONG BEACH DAY NURSERY

1548 CHESTNUT AVENUE
LONG BEACH,CA90813 		NONE PC YOUTH SERVICES 125,000

LOS ANGELES JEWISH HOME FOR THE AGING

7150 TAMPA AVENUE
RESEDA,CA91335 		NONE PC COMMUNITY WELFARE 15,000

LOS ANGELES SHERIFF'S FOUNDATION

10960 WILSHIRE BLVD FL 5
LOS ANGELES,CA90024 		NONE PC GENERAL SUPPORT 6,300

LOS ANGELES YOUTH NETWORK

1754 TAFT STREET
LOS ANGELES,CA90028 		NONE PC EARLY EDUCATION 155,000

LOST ANGELS CHILDREN'S PROJECT

45059 TREVOR AVENUE
LANCASTER,CA93534 		NONE PC SOCIAL SERVICES 100,000

LTSC COMMUNITY DEVELOPMENT CORPORATION

231 E THIRD ST STE G106
LOS ANGELES,CA90013 		NONE PC COMMMUNITY DEVELOPMENT 25,000

NANCY PAINTER FOUNDATION

4804 LAUREL CANYON BLVD 308
VALLEY VILLAGE,CA91607 		NONE PC WELFARE 2,000

NATIONAL PHILANTHROPIC TRUST

165 TOWNSHIP LINE RD STE 1200
JENKINTOWN,PA19046 		NONE PC PHILANTHROPY 100,000

OPERATION JUMP START

3515 LINDEN AVENUE
LONG BEACH,CA90807 		NONE PC EDUCATION 120,000

OREGON COMMUNITY FOUNDATION

1221 SOUTHWEST YAMHILL STREET 100
PORTLAND,OR97205 		NONE PC COMMUNITY IMPROVEMENT 100,000

PS ARTS

6701 CENTER DRIVE SUITE 550
LOS ANGELES,CA90045 		NONE PC ARTS EDUCATION 85,000

PACIFIC LEGAL FOUNDATION

555 CAPITAL MALL SUITE 350
SACRAMENTO,CA95814 		NONE PC EDUCATION 50,000

PARA LOS NINOS

5000 HOLLYWOOD BOULEVARD
LOS ANGELES,CA90027 		NONE PC YOUTH DEVELOPMENT 125,000

PEOPLE ASSISTING THE HOMELESS

340 NORTH MADISON AVENUE
LOS ANGELES,CA90004 		NONE PC WELFARE 150,000

PEOPLE CONCERN

2116 ARLINGTON AVENUE
LOS ANGELES,CA90018 		NONE PC GENERAL SUPPORT 175,000

PROVIDENCE ST JOHN'S HEALTH CENTER

PO BOX 389672
SEATTLE,WA98138 		NONE PC HEALTH 80,000

PUBLIC COUNSEL

610 SOUTH ARDMORE AVENUE
LOS ANGELES,CA90005 		NONE PC HEALTH 90,000

REDF

TWO EMBARCADERO CENTER SUITE 650
SAN FRANCISCO,CA94111 		NONE PC SOCIAL SERVICES 80,000

SAFE PLACE FOR YOUTH

2469 LINCOLN BOULEVARD
LOS ANGELES,CA90291 		NONE PC SOCIAL WELFARE 100,000

SALVATION ARMY

906 SOUTH FRANCISCO STREET
LOS ANGELES,CA90071 		NONE PC SOCIAL WELFARE 125,000

SANCTUARY OF HOPE

PO BOX 431038
LOS ANGELES,CA90043 		NONE PC SOCIAL WELFARE 75,000

SANTA MONICA COLLEGE FOUNDATION

1900 PICO BLVD
SANTA MONICA,CA90405 		NONE PC EDUCATION 10,000

SHIELDS OF FAMILIES INC

PO BOX 59129
LOS ANGELES,CA90059 		NONE PC GENERAL SUPPORT 135,000

SOUTHERN CALIFORNIA GRANTMAKERS

1000 NORTH ALAMEDA STREET SUITE 230
LOS ANGELES,CA90012 		NONE PC SOCIAL SERVICES 280,000

SOUTHERN CALIFORNIA PUBLIC RADIO

474 SOUTH RAYMOND AVENUE
PASADENA,CA91105 		NONE PC COMMUNICATION 70,000

SPECIAL SERVICE FOR GROUPS INC

905 E 8TH STREET
LOS ANGELES,CA90021 		NONE PC COMMUNITY DEVELOPMENT 100,000

ST ANNE'S MATERNITY HOME

155 NORTH OCCIDENTAL BOULEVARD
LOS ANGELES,CA90026 		NONE PC WELFARE 115,000

STEP UP ON SECOND STREET

1328 SECOND STREET
SANTA MONICA,CA90401 		NONE PC SOCIAL WELFARE 155,000

STREET POETS

2116 ARLINGTON AVENUE SUITE 310
LOS ANGELES,CA90018 		NONE PC ARTS EDUCATION 40,000

THE ALLIANCE FOR CHILDRENS RIGHTS

3333 WILSHIRE BOULEVARD NUMBER 550
LOS ANGELES,CA90010 		NONE PC YOUTH DEVELOPMENT 125,000

THE GIVING SPIRIT

11693 SAN VICENTE BLVD 113
LOS ANGELES,CA90049 		NONE PC WELFARE 25,000

THE UNUSUAL SUSPECTS THEATRE COMPANY

3719 VERDUGO ROAD
LOS ANGELES,CA90065 		NONE PC ARTS EDUCATION 60,000

UCLA FOUNDATION

PO BOX 951784
LOS ANGELES,CA90096 		NONE PC HEALTH 249,900

UCLA JONSSON CANCER CENTER FOUNDATION

PO BOX 951780
LOS ANGELES,CA90095 		NONE PC HEALTH 150,000

UNION STATION HOMELESS SERVICES

825 EAST ORANGE GROVE BOULEVARD
PASADENA,CA91104 		NONE PC COMMUNITY DEVELOPMENT 100,000

UNITE LA

350 SOUTH BIXEL STREET 200
LOS ANGELES,CA90017 		NONE PC EDUCATION 100,000

UNITED FRIENDS OF THE CHILDREN

1055 WILSHIRE BOULEVARD SUITE 1955
LOS ANGELES,CA90017 		NONE PC YOUTH DEVELOPMENT 165,000

UNITED STATES VETERANS INITIATIVE

800 WEST 6TH STREET SUITE 1505
LOS ANGELES,CA90017 		NONE PC WELFARE 115,000

UNIVERSITY OF SOUTHERN CALIFORNIA

3551 TROUSDALE PARKWAY SUITE 160
LOS ANGELES,CA90089 		NONE PC EDUCATION 85,000

WATTS LABOR COMMUNITY ACTION COMMITTEE

10950 S CENTRAL AVENUE
LOS ANGELES,CA90059 		NONE PC GENERAL SUPPORT 100,000

WAYFINDER FAMILY SERVICES

5300 ANGELES VISTA BLVD
LOS ANGELES,CA90043 		NONE PC FAMILY SUPPORT 80,000

WESTSIDE INFANT-FAMILY NETWORK

8611 WASHINGTON BOULEVARD
CULVER CITY,CA90232 		NONE PC SOCIAL SERVICES 150,000

WESTSIDE NEIGHBORHOOD SCHOOL

5401 BEETHOVEN ST
LOS ANGELES,CA90066 		NONE PC EDUCATION 5,000
Total .................................right arrow 3a 8,954,200
bApproved for future payment

SOUTH CENTRAL LOS ANGELES MINISTRY PROJECT
892 E 48TH STREET
LOS ANGELES,CA90011 		NONE PC RELIGIOUS 80,000
Total ................................. right arrow 3b 80,000
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 ....     14 941,097  
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 4,441,129  
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 5,382,226 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
5,382,226
(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
CARL & ROBERTA DEUTSCH FOUNDATION
 
Employer identification number

95-4610378
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
CARL & ROBERTA DEUTSCH FOUNDATION
  		Employer identification number
95-4610378
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
CARL DEUTSCH
2444 WILSHIRE BOULEVARD
 
SANTA MONICA, CA90403

$ 7,981,439


(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.)
(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.)
(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
CARL & ROBERTA DEUTSCH FOUNDATION
  		Employer identification number

95-4610378
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
1
 PUBLICLY TRADED STOCK $ 7,981,439 2023-12-27
(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
 
$    
(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
CARL & ROBERTA DEUTSCH FOUNDATION
  		Employer identification number

95-4610378
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:
CARL & ROBERTA DEUTSCH FOUNDATION
EIN:
95-4610378
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 87,400 0   87,400

TY 2023 AppliedToPriorYearElection
Name:
CARL & ROBERTA DEUTSCH FOUNDATION
EIN:
95-4610378
Election:
PURSUANT TO CODE SECTION 4942(H)(2) AND REG. SEC. 53.4942(A)-3(D)(2), THE CARL AND ROBERTA DEUTSCH FOUNDATION ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS COMING FROM PRIOR YEAR'S UNDISTRIBUTED INCOME AS FOLLOWS:12/31/2010: $17,400AUTHORIZED SIGNATURE

TY 2023 InvestmentsOtherSchedule2
Name:
CARL & ROBERTA DEUTSCH FOUNDATION
EIN:
95-4610378
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
VANGUARD PRIMECAP CORE FMV 2,655,735 2,655,735
VANGUARD TOTAL INTL STK FMV 3,485,429 3,485,429
VANGUARD 500 INDEX FD FMV 2,818,959 2,818,959
PATHWAY PRIVATE EQUITY FUND - PRIVATE EQUITY INVESTMENT PARTNERSHIPS FMV 4,767,216 4,767,216
ANGELES ABSOLUTE RETURN FUND - OFFSHORE HEDGE FUND VEHICLES FMV 6,291,946 6,291,946
ANGELES GLOBAL EQUITY OPPORTUNITES FUND FMV 72,593,317 72,593,317
LONE STAR REAL ESTATE FUND III FMV 11,020 11,020
LONE STAR REAL ESTATE FUND IV FMV 611,892 611,892
SCULPTOR REAL ESTATE PARALLEL FUND III B, LP FMV 292,340 292,340
HARBOURVEST PARTNERS - DOVER STREET VIII FMV 366,903 366,903
HARBOURVEST GLOBAL ANNUAL PRIVATE EQUITY FUND LP FMV 4,833,995 4,833,995
PORTFOLIO ADVISORS REAL ESTATE FUND V, LP FMV 488,174 488,174
BROOKFIELD CAPITAL PARTNERS FUND FMV 1,381,834 1,381,834
ANGELES PRIVATE MARKETS FUND 1, LP FMV 4,444,689 4,444,689
ANGELES PRIVATE MARKETS FUND 2, LP FMV 18,025,511 18,025,511
ANGELES PRIVATE MARKETS FUND 3, LP FMV 8,714,624 8,714,624
ANGELES DIVERSIFIED INCOME FUND FMV 13,896,380 13,896,380
ANGELES PRIVATE MARKETS FUND 4, LP FMV 3,022,967 3,022,967
ANGELES PRIVATE CREDIT FUND FMV 4,217,642 4,217,642
ANGELES PRIVATE CREDIT FUND 2 FMV 2,816,092 2,816,092
CHARLES SCHWAB TREASURY BILLS FMV 14,218,541 14,218,541
ANGELES PRIVATE CREDIT FUND 3 FMV 242,438 242,438
APPLE, INC. FMV 3,966,118 3,966,118
MICROSOFT CORP. FMV 4,023,628 4,023,628

TY 2023 LegalFeesSchedule
Name:
CARL & ROBERTA DEUTSCH FOUNDATION
EIN:
95-4610378
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 6,568 0   6,568


TY 2023 OtherAssetsSchedule
Name:
CARL & ROBERTA DEUTSCH FOUNDATION
EIN:
95-4610378
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
TAXES RECEIVABLE 82,429 114,374 114,374


TY 2023 OtherExpensesSchedule
Name:
CARL & ROBERTA DEUTSCH FOUNDATION
EIN:
95-4610378
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
POSTAGE & COURIER 778 0   778
INSURANCE 10,338 0   12,452
OFFICE SUPPLIES 425 0   496
PARKING 1,590 0   1,590
PAYROLL PREP FEE 1,608 0   1,608
TELEPHONE 4,572 0   5,582
HALO PROGRAM 10,818 0   10,818
MISCELLANEOUS EXPENSES 5,804 0   31,945
PARTNERSHIP EXPENSES 0 945,051   0


TY 2023 OtherIncomeSchedule2
Name:
CARL & ROBERTA DEUTSCH FOUNDATION
EIN:
95-4610378
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIP INCOME   3,892,703  


TY 2023 OtherIncreasesSchedule
Name:
CARL & ROBERTA DEUTSCH FOUNDATION
EIN:
95-4610378
Description Amount
NET UNREALIZED GAIN (LOSS) 14,003,297


TY 2023 OtherLiabilitiesSchedule
Name:
CARL & ROBERTA DEUTSCH FOUNDATION
EIN:
95-4610378
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED TAX LIABILTY 856,399 1,052,358


TY 2023 OtherProfessionalFeesSchedule
Name:
CARL & ROBERTA DEUTSCH FOUNDATION
EIN:
95-4610378
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING 297,670 0   297,670
INVESTMENT EXPENSE 271,001 271,001   0
OTHER PROFESSIONAL FEES 382,535 0   382,535


TY 2023 TaxesSchedule
Name:
CARL & ROBERTA DEUTSCH FOUNDATION
EIN:
95-4610378
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 0 126,427   0
TAX PROVISION 270,786 0   0
FILING FEES 25 0   25