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
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 07-01-2022 , and ending 06-30-2023
Name of foundation
THE ANGELL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)11150 W OLYMPIC BLVD 910
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LOS ANGELES, CA90064
A Employer identification number

01-0789717
B Telephone number (see instructions)

(310) 475-9700
C 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$142,176,291J 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) 2,750,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 2,033,231 2,033,231  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,039,742
b Gross sales price for all assets on line 6a 23,593,924
7 Capital gain net income (from Part IV, line 2)... 5,039,742
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
-269,538    
12 Total. Add lines 1 through 11........ 9,553,435 7,072,973  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 652,500 185,000   467,500
14 Other employee salaries and wages...... 357,750     357,750
15 Pension plans, employee benefits....... 99,395 10,915   88,480
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
110,978 55,489   55,489
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
491,561 466,957   24,604
17 Interest............... 2,862      
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
298,274 134,851    
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
754    
20 Occupancy.............. 155,093     155,093
21 Travel, conferences, and meetings....... 23,320     23,320
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
328,782 286,192   31,979
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,521,269 1,139,404   1,204,215
25 Contributions, gifts, grants paid....... 6,522,500 6,522,500
26 Total expenses and disbursements. Add lines 24 and 25 9,043,769 1,139,404   7,726,715
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 509,666
b Net investment income (if negative, enter -0-) 5,933,569
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
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............. 13,676,098 14,125,844 14,124,501
2 Savings and temporary cash investments.........      
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.......... 37,407 37,407 37,407
10a Investments—U.S. and state government obligations (attach schedule) 4,824,933 Click to see attachment
List of Attached Documents:
// Content
6,152,546 		5,892,092
b Investments—corporate stock (attach schedule)....... 62,226,568 Click to see attachment
List of Attached Documents:
// Content
64,086,320 		72,086,923
c Investments—corporate bonds (attach schedule)....... 2,480,015 Click to see attachment
List of Attached Documents:
// Content
4,390,935 		4,021,256
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).......... 40,476,304 Click to see attachment
List of Attached Documents:
// Content
35,087,817 		44,612,730
14 Land, buildings, and equipment: basis right arrow157,759
Less: accumulated depreciation (attach schedule) right arrow156,630 1,883 Click to see attachment
List of Attached Documents:
// Content
1,129 		1,129
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,276,394 		Click to see attachment
List of Attached Documents:
// Content
1,400,253 		Click to see attachment
List of Attached Documents:
// Content
1,400,253
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 124,999,602 125,282,251 142,176,291
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
107,696 		Click to see attachment
List of Attached Documents:
// Content
124,573
23 Total liabilities (add lines 17 through 22)......... 107,696 124,573
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 124,891,906 125,157,678
29 Total net assets or fund balances (see instructions)..... 124,891,906 125,157,678
30 Total liabilities and net assets/fund balances (see instructions). 124,999,602 125,282,251
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
124,891,906
2
Enter amount from Part I, line 27a .....................
2
509,666
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
12,073
4
Add lines 1, 2, and 3 ..........................
4
125,413,645
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
255,967
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
125,157,678
Form 990-PF (2022)
Form 990-PF (2022)
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 NET CAP G/L-IBEX MICROCAP FD L P   2022-12-31
b NET CAP G/L-CYGNUS PROPERTY VI P 2022-12-31 2022-12-31
c LONG-TERM CG-US BK CAMBIAR, SCH 1 P   2023-06-30
d AVORO LIFE SCIENCES OFFSHORE P 2019-07-29 2023-01-27
e NET CAP G/L-IBEX ISR FD - D P 2022-12-31 2022-12-31
NET CAP G/L-IBEX MICROCAP FD L2 P   2022-12-31
NET CAP G/L-OPPEN ACTIVIST PTRS P   2022-12-31
VAR SETTLEMENTS THRU US BK CAMBIAR P   2023-06-30
DANTAI NON-US FEEDER FD P 2021-03-29 2023-03-17
NET CAP G/L-TIGER GLOBALVII P   2022-12-31
NET CAP G/L-IBEX ISRAEL FD P   2022-12-31
NET CAP G/L-ASH VI P   2022-12-31
LONG-TERM CG-CNB ARISTOTLE, SCH 2 P   2023-06-30
CAP GAIN DIST-OPPEN51731 P   2022-12-31
NET CAP G/L-TIGER GLOBALPIP X P   2022-12-31
NET CAP G/L-IBEX ISRAEL FD P 2022-12-31 2022-12-31
5,000 SHS APPLE INC P   2023-06-02
SHORT-TERM CG-CNB BONDS, SCH 3 P   2023-06-30
10,000 SHS DIREXION DAILY SML CAP P 2022-08-16 2022-08-22
NET CAP G/L-TIGER GLOBALPIP X P 2022-12-31 2022-12-31
NET CAP G/L-IBEX ISR FD I - D P   2022-12-31
5,000 SHS APPLE INC P   2023-06-20
LONG-TERM CL-CNB BONDS, SCH 3 P   2023-06-30
7,391 SHS APOLLO GLOBAL MGMT P 2021-07-12 2022-11-10
NET CAP G/L-TIGER GLOBALPIP XII P   2022-12-31
NET CAP G/L-IBEX ISR FD I - D P 2022-12-31 2022-12-31
2,500 SHS CHAIN BRIDGE I P 2021-11-10 2022-08-25
5,000 SHS PERSHING SQUARE TONTINE P 2021-08-19 2022-07-12
4,186 SHS FRESHWORKS INC P 2015-04-06 2022-08-10
NET CAP G/L-TIGER GLOBALPIP XII P 2022-12-31 2022-12-31
NET CAP G/L-IBEX DRIVERLESS FD -D P   2022-12-31
3,383 SHS COHN ROBBINS HLDGS P 2021-03-03 2022-08-25
5,000 SHS PERSHING SQUARE TONTINE P 2021-08-23 2022-07-12
1,044 SHS PROCORE TECH P   2022-09-12
NET CAP G/L-GMT EXPLORATION NM P   2022-12-31
NET CAP G/L-IBEX DRIVERLESS FD-D P 2022-12-31 2022-12-31
16,617 SHS COHN ROBBINS HLDGS P 2021-03-04 2022-08-25
15,000 LYNWOOD CA P 2011-06-07 2022-09-01
6,470 SHS TOAST INC P 2020-10-14 2022-08-10
NET CAP G/L-SUBURBAN PROPANE P   2022-12-31
NET CAP G/L-TIGER GLOBALPIP IX P   2022-12-31
10,000 WTS HYCROFT MINING EXPIRED P 2015-12-16 2022-10-22
85,000 LYNWOOD CA P 2011-06-07 2022-12-09
86,347 SHS NU HLDGS LTD P 2016-06-24 2022-08-10
NET CAP G/L-TIGER GLOBALPIP IX P 2022-12-31 2022-12-31
10,000 UTS MAGELLAN MIDSTREAM P 2021-10-27 2022-11-01
5,000 SHS QVC INC 6.25% PFD P 2019-11-19 2023-03-17
32,218 SHS NU HLDGS LTD P 2016-06-24 2022-09-12
NET CAP G/L-TIGER GLOBALPIP XI P   2022-12-31
5,000 SHS WALGREENS BOOTS P 2021-02-23 2023-03-09
TOURMALET MATAWIN IX-FINAL DIST P 2019-09-19 2022-07-26
CAP GAIN DIST-GOLDMAN SACHS P   2022-12-31
NET CAP G/L-TIGER GLOBALPIP XI P 2022-12-31 2022-12-31
500 CALLS BP PLC P 2023-02-07 2023-03-16
TOURMALET MATAWIN X-FINAL DIST P 2020-05-11 2022-07-29
SETTLEMENT-COMPUTER SCIENCE P   2023-03-17
NET CAP G/L-TIGER GLOBALXIV P   2022-12-31
1,000 SHS COSTCO P 2022-05-05 2023-06-28
JERICHO ASIA OPPORTUNITIES P 2019-04-30 2023-02-16
TIGER GLOBAL IV P   2022-12-31
NET CAP G/L-TIGER GLOBAL XIV P 2022-12-31 2022-12-31
450,000 FIDELITY T BONDS P 2018-02-16 2023-06-12
GHC AIH FUND 25% REDEMPTION P 2020-12-30 2023-01-17
NET CAP G/L-LAZARUS ISRAEL (ZIMP) P   2022-12-31
NET CAP G/L-CYGNUS PROPERTY VI P   2022-12-31
SHORT-TERM CL-US BK CAMBIAR, SCH 1 P   2023-06-30
GHC AIH FUND 25% REDEMPTION P 2020-12-30 2023-04-19
NET CAP G/L-IBEX ISR FD - D P   2022-12-31
(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 222     222
b 1,537     1,537
c 5,980,533   3,938,632 2,041,901
d 1,600,000   877,098 722,902
e 2,068     2,068
304     304
466,257     466,257
3,354     3,354
1,003,466   2,250,000 -1,246,534
    2,033 -2,033
251,163     251,163
26,148     26,148
693,702   479,034 214,668
122,233     122,233
    11,359 -11,359
39,233     39,233
888,983   100,388 788,595
539,633   538,081 1,552
316,863   272,929 43,934
    22,489 -22,489
5,161     5,161
928,833   100,388 828,445
1,127,069   1,153,116 -26,047
474,411   452,809 21,602
82,069     82,069
807     807
25,034   25,000 34
100,294   100,157 137
68,225   9,837 58,388
5,836     5,836
2,639     2,639
34,200   36,645 -2,445
100,294   98,403 1,891
60,965   26,102 34,863
162,460     162,460
    62,103 -62,103
167,988   176,594 -8,606
15,000   15,680 -680
120,034   58,298 61,736
22     22
    63,366 -63,366
    65,806 -65,806
85,000   88,851 -3,851
385,886   7,717 378,169
    876 -876
535,491   421,004 114,487
56,306   125,000 -68,694
177,084   4,268 172,816
81,389     81,389
166,742   241,895 -75,153
24,307     24,307
157,279     157,279
222     222
65,421   58,546 6,875
14,938     14,938
151     151
    3,962 -3,962
531,117   520,642 10,475
1,321,581   1,000,000 321,581
27     27
    5,777 -5,777
450,000   450,002 -2
330,427   500,000 -169,573
13,905     13,905
33,315     33,315
3,432,923   3,689,295 -256,372
295,889   500,000 -204,111
17,484     17,484
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       222
b       1,537
c       2,041,901
d       722,902
e       2,068
      304
      466,257
      3,354
      -1,246,534
      -2,033
      251,163
      26,148
      214,668
      122,233
      -11,359
      39,233
      788,595
      1,552
      43,934
      -22,489
      5,161
      828,445
      -26,047
      21,602
      82,069
      807
      34
      137
      58,388
      5,836
      2,639
      -2,445
      1,891
      34,863
      162,460
      -62,103
      -8,606
      -680
      61,736
      22
      -63,366
      -65,806
      -3,851
      378,169
      -876
      114,487
      -68,694
      172,816
      81,389
      -75,153
      24,307
      157,279
      222
      6,875
      14,938
      151
      -3,962
      10,475
      321,581
      27
      -5,777
      -2
      -169,573
      13,905
      33,315
      -256,372
      -204,111
      17,484
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 5,039,742
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 11,329
Form 990-PF (2022)
Form 990-PF (2022)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here 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 82,477
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 82,477
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 82,477
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 60,000
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 40,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 100,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. Click to see attachment
List of Attached Documents:
// Content
8 2,586
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 14,937
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow14,937 Refundedright arrow 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 5
Part VI-A
Statements Regarding Activities (continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowANGELLFOUNDATION.ORG
14
The books are in care ofright arrowPERRY ORETZKY Telephone no.right arrow (310) 475-9700

Located atright arrow11150 W OLYMPIC BLVD STE 915LOS ANGELESCA ZIP+4right arrow90064
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 2022, 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
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
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 2022? .............
1d
 
 
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
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
Yes
 
b
If "Yes," did it have excess business holdings in 2022 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 2022.) .....................
3b
 
No
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
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
PERRY ORETZKY PRESIDENT/SE
000.00 		370,000 0 0
11150 W OLYMPIC BLVD 915
LOS ANGELES,CA90064
ANGEL ROBERSON DANIELS V-PRESIDENT
000.00 		282,500 0 0
11150 W OLYMPIC BLVD 910
LOS ANGELES,CA90064
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
 
Total number of other employees paid over $50,000...................right arrow 5
Form 990-PF (2022)
Form 990-PF (2022)
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
CAMBIAR INVESTORS INVESTMENT SERV 171,673
200 COLUMBINE STREET 800
DENVER,CO80206
VOYAGER MGMT LLC INVESTMENT SERV 155,883
11111 SANTA MONICA BLVD STE 1800
SANTA MONICA,CA90025
HYATT GIDLOW & COMPANY CPAS CPA SERVICES 105,169
415 21ST STREET
HUNTINGTON BEACH,CA92648
ARISTOTLE CAPITAL MGMT INVESTMENT SERV 80,499
11111 SANTA MONICA BLVD STE 1700
SANTA MONICA,CA90025
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2022)
Form 990-PF (2022)
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
125,031,248
b
Average of monthly cash balances.......................
1b
14,219,536
c
Fair market value of all other assets (see instructions)................
1c
1,389,396
d
Total (add lines 1a, b, and c).........................
1d
140,640,180
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
140,640,180
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,109,603
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
138,530,577
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
6,926,529
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
6,926,529
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
82,477
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
82,477
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,844,052
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
6,844,052
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
6,844,052
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
7,726,715
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
7,726,715
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7 6,844,052
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only.......  
b Total for prior years:20, 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2017...... 382,873
b From 2018...... 213,565
c From 2019...... 317,470
d From 2020......  
e From 2021......  
f Total of lines 3a through e ........ 913,908
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 7,726,715
a Applied to 2021, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2022 distributable amount..... 6,844,052
e Remaining amount distributed out of corpus 882,663
5 Excess distributions carryover applied to 2022.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,796,571
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2017 not
applied on line 5 or line 7 (see instructions) ... 		382,873
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		1,413,698
10 Analysis of line 9:
a Excess from 2018.... 213,565
b Excess from 2019.... 317,470
c Excess from 2020....  
d Excess from 2021....  
e Excess from 2022.... 882,663
Form 990-PF (2022)
Form 990-PF (2022)
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 2022, 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) 2022 (b) 2021 (c) 2020 (d) 2019
         
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:
PERRY ORETZKY
11150 W OLYMPIC BLVD 910
LOS ANGELES,CA90064
(310) 475-9700
bThe form in which applications should be submitted and information and materials they should include:
INITIAL CONTACT LETTER
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GRANTS ARE LIMITED TO AREAS OF FOCUS FOUND IN THE MISSION STATEMENT: FOOD SECURITY, POST-SECONDARY SUCCESS AND CAREER READINESS, AND SPIRITUALITY/TRANSFORMATIONAL LEADERSHIP IN SOUTHERN CALIFORNIA AND NEW ENGLAND.
Form 990-PF (2022)
Form 990-PF (2022)
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

BOSTON PRIVATE INDUSTRY COUNCIL
BOSTON OPPORTUNITY YOUTH COLLABORATIVE
2 OLIVER STREET 3RD FL
BOSTON,MA02109 		NONE PC EDUCATION AS OPPORTUNITY 75,000

CAMPAIGN FOR COLLEGE OPPORTUNITY

1149 HILL ST 925
LOS ANGELES,CA90015 		NONE PC EDUCATION AS OPPORTUNITY 175,000

FIRST STAR INC

2049 CENTURY PARK E 4320
LOS ANGELES,CA90067 		NONE PC EDUCATION AS OPPORTUNITY 75,000

HOPE BUILDERS

801 N BROADWAY
SANTA ANA,CA92701 		NONE PC EDUCATION AS OPPORTUNITY 200,000

LEADERSUP

P O BOX 862190
LOS ANGELES,CA90086 		NONE PC EDUCATION AS OPPORTUNITY 275,000

NEXTGEN CLIMATE AMERICA
DBA NEXTGEN POLICY
1414 K STREET 6TH FL
SACRAMENTO,CA95814 		NONE PC EDUCATION AS OPPORTUNITY 75,000

READY TO SUCCEED

1514 17TH ST 201
SANTA MONICA,CA90404 		NONE PC EDUCATION AS OPPORTUNITY 75,000

RESILIENT CODERS

1 BROADWAY 3RD FLOOR
CAMBRIDGE,MA02142 		NONE PC EDUCATION AS OPPORTUNITY 50,000

SHAREFEST COMMUNITY DEVELOPMENT INC

638 S BEACON ST 700
SAN PEDRO,CA90731 		NONE PC EDUCATION AS OPPORTUNITY 75,000

THE BOSTON FOUNDATION
THE BOSTON OPPORTUNITY AGENDA
75 ARLINGTON ST 3RD FLOOR
BOSTON,MA02116 		NONE PC EDUCATION AS OPPORTUNITY 150,000

THE RIGHTWAY FOUNDATION

3650 MLK JR BLVD 195
LOS ANGELES,CA90008 		NONE PC EDUCATION AS OPPORTUNITY 200,000

ABOUT FRESH

69 SHIRLEY STREET
BOSTON,MA02119 		NONE PC FOOD EQUITY 175,000

LA COMPOST

221 W AVE 45
LOS ANGELES,CA90065 		NONE PC FOOD EQUITY 250

COMMUNITY PARTNERS
LOS ANGELES FOOD POLICY COUNCIL
1000 N ALAMEDA ST 240
LOS ANGELES,CA90012 		NONE PC FOOD EQUITY 115,000

NEO PHILANTHROPY
STATE INFRASTRUCTURE FUND
45 W 36TH ST 6TH FLOOR
NEW YORK,NY10018 		NONE PC INNOVATION/EMERGENCY 250,000

BEND THE ARC A JEWISH PARTNERSHIP
FOR JUSTICE
330 SEVENTH AVE 19TH FL
NEW YORK,NY10001 		NONE PC TRANSFORMATIONAL LEADERSHIP 50,000

BOLD (BLACK ORGANIZING FOR
LEADERSHIP & DIGNITY)
5 PENN PLAZA 1961
NEW YORK,NY10001 		NONE PC TRANSFORMATIONAL LEADERSHIP 60,000

COPPER BEECH INSTITUTE

303 TUNXIS ROAD
WEST HARTFORD,CT06107 		NONE PC TRANSFORMATIONAL LEADERSHIP 75,000

CORO SOUTHERN CALIFORNIA

1000 N ALAMEDA ST 240
LOS ANGELES,CA90012 		NONE PC TRANSFORMATIONAL LEADERSHIP 85,000

FLOURISH AGENDA INC

1714 FRANKLIN ST 100-321
OAKLAND,CA94612 		NONE PC TRANSFORMATIONAL LEADERSHIP 100,000

INSTITUTE FOR NONPROFIT PRACTICE

89 SOUTH STREET LL02
BOSTON,MA02111 		NONE PC TRANSFORMATIONAL LEADERSHIP 225,000

MA SCHOOL ADMINISTRATORS' ASSOC

33 FORGE PARKWAY
FRANKLIN,MA02038 		NONE PC TRANSFORMATIONAL LEADERSHIP 100,000

COMMUNITY PARTNERS
LAS FOTOS PROJECT
1000 N ALAMEDA ST 240
LOS ANGELES,CA90012 		NONE PC TRANSFORMATIONAL LEADERSHIP 2,500

ROCKWOOD LEADERSHIP INSTITUTE

1212 BROADWAY 700
OAKLAND,CA94612 		NONE PC TRANSFORMATIONAL LEADERSHIP 150,000

UNIV OF NEW HAMPSHIRE FOUNDATION

9 EDGEWOOD RD
DURHAM,NH03824 		NONE PC TRANSFORMATIONAL LEADERSHIP 150,000

UNIVERSITY OF SAN DIEGO

5998 ALCALA PARK
SAN DIEGO,CA92110 		NONE SCHOOL TRANSFORMATIONAL LEADERSHIP 100,000

ASSUMPTION BVM CHURCH

791 POTTERS AVE
PROVIDENCE,RI02907 		NONE PC SPIRITUALITY 2,500

BLUEPATH SERVICE DOGS INC

8 COUNTRY CLUB RD
HOPEWELL JUNCTION,NY12533 		NONE PC TRAINING SERVICE DOGS 2,000

BOURNE EDUCATION FOUNDATION

P O BOX 3144
BOURNE,MA02532 		NONE PC EDUCATION AS OPPORTUNITY 4,500

BOYS & GIRLS CLUB OF GREATER SALEM

3 GEREMONTY DRIVE
SALEM,NH03079 		NONE PC YOUTH 6,000

BRADY SOCIAL ENTERPRISES INC

404 SOUTH AVE
SYRACUSE,NY13204 		NONE PC FOOD MARKET 3,500

CLEAR PATH FOR VETERANS

1223 SALT SPRINGS RD
CHITTENANGO,NY13037 		NONE PC VETERAN SUPPORT 2,000

DUTCHESS COUNTY PRIDE CENTER

1085 STATE ROUTE 55
BOX 401
LA GRANGEVILLE,NY12540 		NONE PC COMMUNITY SERVICES 2,000

ELDREDGE PUBLIC LIBRARY

564 MAIN ST
CHATHAM,MA02633 		NONE PC EDUCATION AS OPPORTUNITY 5,000

FOUNDATION FOR LOUISIANA

2022 ST BERNARD AVE 122B
NEW ORLEANS,LA70116 		NONE PC VOICE VISION 60,000

FRIENDS OF KAREN

118 TITICUS ROAD
NORTH SALEM,NY10560 		NONE PC YOUTH 9,500

GUILDING EYES FOR THE BLIND

611 GRANITE SPRINGS RD
YORKTOWN HEIGHTS,NY10598 		NONE PC BLIND 2,000

HARWICH CONSERVATION TRUST

P O BOX 101
SOUTH HARWICH,MA02661 		NONE PC SAVE LAND 5,000

JEWISH FAMILY SERVICES OF LA

330 NORTH FAIRFAX AVE
LOS ANGELES,CA90010 		NONE PC YOUTH/FAMILY 2,500

LIBERTY HILL FOUNDATION

6420 WILSHIRE BLVD 700
LOS ANGELES,CA90048 		NONE PC JUSTICE 5,000

MEET EACH NEED WITH DIGNITY

10641 N SAN FERNANDO RD
PACOIMA,CA91331 		NONE PC FOOD BANK 2,500

PICO UNION PROJECT

11153 VALENCIA ST
LOS ANGELES,CA90015 		NONE PC COMMUNITY SERVICES 2,500

PEAR

338 NW 6TH AVE
PORTLAND,OR97209 		NONE PC YOUTH 7,500

PLANNED PARENTHOOD LA

400 W 30TH ST
LOS ANGELES,CA90007 		NONE PC WOMENS HEALTH 15,000

PROJECT FREEDOM RIDE

P O BOX 624
EVANS,GA30809 		NONE PC VOTER REGISTRATION 2,000

REACH OUT AND READ ALABAMA

19 SOUTH JACKSON ST
MONTGOMERY,AL36104 		NONE PC EDUCATION AS OPPORTUNITY 5,000

REWORK RICHMOND

2123 FAIRMOUNT AVE
RICHMOND,VA23223 		NONE PC JOB DEVELOPMENT 3,500

SAFE PLACE FOR YOUTH

578 WASHINGTON BLVD
MARINA DEL REY,CA90292 		NONE PC YOUTH 2,500

SELMA DALLAS COUNTY PUBLIC LIBRARY
FOUNDATION
1103 SELMA AVE
SELMA,AL36701 		NONE PC DEUCATION AS OPPORTUNITY 5,000

SOUTHERN CALIFORNIA GRANTMAKERS

1000 N ALAMEDA ST 230
LOS ANGELES,CA90012 		NONE PC CONFERENCE & PROJECTS 115,000

ST GIANNA'S PLACE

P O BOX 725
LONDONDERRY,NH03053 		NONE PC MOTHER/BABY CARE 7,500

SUSTAINABLE AGRICULTURE & FOOD
SYSTEMS FOUNDERS
133 E DE LA GUERRA ST 306
SANTA BARBARA,CA93101 		NONE PC FOOD EQUITY 7,500

ST JOSEPH CENTER

204 HAMPTON DR
VENICE,CA90291 		NONE PC PEOPLE IN NEED 2,500

STEP UP ON SECOND

1328 SECOND ST
SANTA MONICA,CA90401 		NONE PC MENTAL HEALTH SERVICE 2,500

COMMUNITY PARTNERS
AFRICAN AMERICAN BOARD LEADERSHIP INSTITUTE
1000 N ALAMEDA ST 240
LOS ANGELES,CA90012 		NONE PC TRANSFORMATIONAL LEADERSHIP 25,000

THE FAMILY PANTRY-DAMIEN'S PLACE

3065 CRANBERRY HIGHWAY
P O BOX 730
EAST WAREHAM,MA02538 		NONE PC FOOD EQUITY 5,000

THE RAPE FOUNDATION

1223 WILSHIRE BLVD 410
SANTA MONICA,CA90403 		NONE PC EDUCATION CONF 5,000

THE RHODE ISLAND COMMUNITY FOOD BK

200 NIANTIC AVE
PROVIDENCE,RI02907 		NONE PC FOOD EQUITY 2,500

THE RIGHTWAY FOUNDATION

3650 MLK JR BLVD 195
LOS ANGELES,CA90008 		NONE PC YOUTH 2,500

THEODORE PAYNE FOUNDATION

10459 TUXFORD ST
SUN VALLEY,CA91352 		NONE PC HORTICULTURE 6,000

USC HILLEL FOUNDATION

3300 S HOOVER ST
LOS ANGELES,CA90007 		NONE PC EDUCATION AS OPPORTUNITY 3,000

VIRGINIA SUPPORTIVE HOUSING

8002 DISCOVERY DR 201
RICHMOND,VA23229 		NONE PC PEOPLE IN NEED 4,000

WORLD CENTRAL KITCHEN

655 NEW YORK AVE NW 6 FL
WASHINGTON,DC20001 		NONE PC FOOD EQUITY 2,500

ASIAN AMERICANS ADVANCING JUSTICE
SOUTHERN CALIFORNIA
1145 WILSHIRE BLVD
LOS ANGELES,CA90017 		NONE PC JUSTICE 5,000

CHILDREN YOUTH & FAMILY COLLABORTV

1200 W 37TH PLACE
LOS ANGELES,CA90007 		NONE PC EDUCATION AS OPPORTUNITY 200,000

COLLEGE ACCESS PLAN

871 E WASHINGTON BL 207
PASADENA,CA91104 		NONE PC EDUCATION AS OPPORTUNITY 150,000

SOUTHERN CA PUBLIC RADIO

474 S RAYMOND AVE
PASADENA,CA91105 		NONE PC EDUCATION AS OPPORTUNITY 50,000

THE EDUCATION TRUST-WEST

580 2ND ST
OAKLAND,CA94607 		NONE PC EDUCATION AS OPPORTUNITY 75,000

THE UCLA FOUNDATION

10889 WILSHIRE BL 1500
LOS ANGELES,CA90024 		NONE PC EDUCATION AS OPPORTUNITY 75,000

ALMA BACKYARD FARMS

453 N ALMA AVE
LOS ANGELES,CA90063 		NONE PC FOOD EQUITY 150,000

FARM FRESH RHODE ISLAND

10 SIMS AVE
PROVIDENCE,RI02909 		NONE PC FOOD EQUITY 75,000

FOOD FORWARD

7412 FULTON AVE 3
NORTH HOLLYWOOD,CA91605 		NONE PC FOOD EQUITY 75,000

LOS ANGELES REGIONAL FOOD BANK

1734 E 41ST STREET
LOS ANGELES,CA90058 		NONE PC FOOD EQUITY 100,000

RHODE ISLAND FOOD POLICY COUNCIL

C/O SOCIAL ENTERPRISE GRN
10 DAVOL SQUARE
PROVIDENCE,RI02903 		NONE PC FOOD EQUITY 75,000

SAN DIEGO FOOD SYSTEM ALLIANCE

P O BOX 3185
SAN DIEGO,CA92163 		NONE PC FOOD EQUITY 150,000

SHARE OUR STRENGTH

1030 15TH ST NW
WASHINGTON,DC20005 		NONE PC FOOD EQUITY 125,000

SOCIAL JUSTICE LEANING INSTITUTE

600 CENTINELA AVE
INGLEWOOD,CA90302 		NONE PC FOOD EQUITY 75,000

TRUSTEES OF TUFTS UNIVERSITY

136 HARRISON AVE
BOSTON,MA02111 		NONE PC FOOD EQUITY 75,000

VERMONT SUSTAINABLE JOBS FUND

3 PITKIN COURT 301E
MONTPELIER,VT05602 		NONE PC FOOD EQUITY 100,000

URBAN FARMING INSTITUTE

487 NORFOLK ST
MATTAPAN,MA02126 		NONE PC FOOD EQUITY 125,000

A TINY HOME FOR GOOD

1222 SOUTH AVE
SYRACUSE,NY13207 		NONE PC HELP HOMELESS PEOPLE 4,000

CASA OF LOS ANGELES

201 CENTRE PLAZA DR 1100
MONTEREY PARK,CA91754 		NONE PC COMMUNITY SERVICES 1,500

CALIFORNIA COMMUNITY FOUNDATION

221 S FIGUEROA ST 400
LOS ANGELES,CA90012 		NONE PC COMMNITY SERVICES 5,000

CENTER FOR NONPROFIT MANAGEMENT

1000 N ALAMEDA ST 250
LOS ANGELES,CA90012 		NONE PC ART OF SOULFUL LEADERSHIP 10,000

GYOPO

801 S VERMONT AVE
LOS ANGELES,CA90005 		NONE PC CULTURAL CENTER 1,500

HOLLYWOOD FOOD COALITION

PO BOX 480157
LOS ANGELES,CA90048 		NONE PC FOOD EQUITY 2,500

INCLUSIVE ACTION FOR THE CITY

2900 E CESAR CHAVEZ AVE
LOS ANGELES,CA90033 		NONE PC FOOD EQUITY 250

LOS ANGELES MISSION

303 E 5TH STREET
LOS ANGELES,CA90013 		NONE PC HOMELESS SHELTER 2,500

OPEN ARMS FOOD PANTRY & RESOURCE
CENTER
3651 S LA BREA AVE
LOS ANGELES,CA90016 		NONE PC FOOD EQUITY 2,500

PEOPLE ASSISTING THE HOMELESS

340 N MADISON AVE
LOS ANGELES,CA90004 		NONE PC HELPING HOMELESS 2,500

TEMPLE ISAIAH

10345 W PICO BLVD
LOS ANGELES,CA90064 		NONE PC SPIRITUAL 10,000

THE CHILDREN'S COLLECTIVE INC

8616 LA TIJERA BLVD 100
LOS ANGELES,CA90045 		NONE PC INFANT HEALTH PROGRAM 10,000

WOMEN CROSS DMZ

263 WINDSOR PLACE
BROOKLYN,NY11218 		NONE PC PEACE IN KOREA 2,500

YOUTH WITH A PURPOSE

38713 TIERRA SUBIDA AVE
PALMDALE,CA93551 		NONE PC YOUTH PROGRAM 2,500

HEBREW UNION COLLEGE

3077 UNIVERSITY AVE
LOS ANGELES,CA90007 		NONE PC SPIRITUAL DIRECTION PROGRAM 50,000

UNION FOR REFORM JUDAISM

15760 VENTURA BLVD 1125
ENCINO,CA91436 		NONE PC TEEN JUSTICE FELLOWSHIP 75,000

AUBURN SEMINARY

475 RIVERSIDE DR 1800
NEW YORK,NY10115 		NONE PC TRANSFORMATIONAL LEADERSHIP 180,000

BOSTON WOMEN'S FUND

678 MASS AVE
CAMBRIDGE,MA02139 		NONE PC TRANSFORMATIONAL LEADERSHIP 100,000

CASTANEA FELLOWSHIP

2000 HEARST AVE
BERKELEY,CA94709 		NONE PC TRANSFORMATIONAL LEADERSHIP 70,000

COACHING FOR HEALING JUSTICE &
LIBERATION
524 MOUNTAIN VIEW ST
ALTADENA,CA91001 		NONE PC TRANSFORMATIONAL LEADERSHIP 100,000

FAITH MATTERS NETWORK COLLABORATIVE

PO BOX 120801
NASHVILLE,TN37212 		NONE PC TRANSFORMATIONAL LEADERSHIP 70,000

INSTITUTE FOR JEWISH SPIRITUALITY

1230 AVE OF THE AMERICAS
FLOOR 19
NEW YORK,NY10020 		NONE PC TRANSFORMATIONAL LEADERSHIP 50,000

LA PARTNERSHIP FOR EARLY CHILDHOOD

221 S FIGUEROA ST 400
LOS ANGELES,CA90012 		NONE PC TRANSFORMATIONAL LEADERSHIP 50,000

LIBERTY HILL FOUNDATION

6420 WILSHIRE BLVD 700
LOS ANGELES,CA90048 		NONE PC TRANSFORMATIONAL LEADERSHIP 70,000

NEWGROUND A MUSLIM-JEWISH
PARTNERSHIP FOR CHANGE
3183 WILSHIRE BLVD 196
LOS ANGELES,CA90010 		NONE PC TRANSFORMATIONAL LEADERSHIP 85,000

ON BEING PROJECT

1619 HENNEPIN AVE
MINNEAPOLIS,MN55403 		NONE PC TRANSFORMATIONAL LEADERSHIP 100,000

SOCIAL JUSTICE PARTNERS LC

360 E 2ND ST 800
LOS ANGELES,CA90012 		NONE PC TRANSFORMATIONAL LEADERSHIP 75,000

SOUTHERN CALIFORNIA GRANTMAKERS

1000 N ALAMEDA ST 230
LOS ANGELES,CA90012 		NONE PC TRANSFORMATIONAL LEADERSHIP 225,000

BARACK OBAMA FOUNDATION

PO BOX 779056
CHICAGO,IL60677 		NONE PC TRANSFORMATION LEADERSHIP 75,000
Total .................................right arrow 3a 6,522,500
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2022)
Form 990-PF (2022)
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 ....         2,033,231
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 ............ 		        5,039,742
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aK-1 GMT EXPLORATION 		211110 -368,358      
bK-1 IBEX INV HOLDINGS -DAVL 523000 40,032      
cK-1 TIGER GLOBAL PIP X 523000 -37,712      
dK-1 MAGELLAN MIDSTREAM 523000 -23,410      
eK-1 TIGER GLOBAL PIP XI 523000 -2,472      
fK-1 TIGER GLOBAL PIP XII 523000 -26,009      
gK-1 OAKTREE CAPITAL SER A 523000 1,297      
hK-1 ASH VI, LLC 523000 -675      
iK-1 ASH V4, LLC 480000 -64,472      
jK-1 OAKTREE CAPITAL SER B 523000 1,282      
kK-1 SUBURBAN PROPANE 211110 4,461      
lK-1 OPPEN ACTIVIST PARTNERS 523000 206,933      
mK-1 OPPEN - DIVIDEND REC DE 523000 -435      
12 Subtotal. Add columns (b), (d), and (e) .. -269,538   7,072,973
13Total. Add line 12, columns (b), (d), and (e)..................
13
6,803,435
(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 (2022)
Form 990-PF (2022)
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 (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2022 AccountingFeesSchedule
Name:
THE ANGELL FOUNDATION
EIN:
01-0789717
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 110,978 55,489   55,489

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

TY 2022 DepreciationSchedule
Name:
THE ANGELL FOUNDATION
EIN:
01-0789717
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
COMPUTER 2005-12-01 2,931 2,931 S/L 5.0000        
FURNITURE 2006-06-29 785 785 S/L 7.0000        
EQUIPMENT 2006-06-29 75 75 S/L 5.0000        
FURNITURE 2006-07-25 1,553 1,553 S/L 7.0000        
FURNITURE 2006-10-18 325 325 S/L 7.0000        
FURNITURE 2006-10-18 460 460 S/L 7.0000        
TELEPHONE 2006-09-05 6,533 6,533 S/L 5.0000        
COMPUTERS 2006-10-03 6,046 6,046 S/L 5.0000        
MISC 2006-12-15 159 159 S/L 5.0000        
PRINTER 2006-10-18 433 433 S/L 5.0000        
FAX 2006-10-18 325 325 S/L 5.0000        
SCANNER 2007-12-19 832 832 S/L 5.0000        
TELEPHONE 2009-10-09 1,867 1,867 S/L 7.0000        
PROJECTOR 2009-12-21 549 549 S/L 7.0000        
READERS 2010-01-21 1,317 1,317 S/L 5.0000        
SHREDDER 2010-01-21 511 511 S/L 7.0000        
WEBDESIGN 2010-06-01 12,854 12,854 S/L 7.0000        
DESKS (2) 2009-12-05 1,612 1,612 S/L 7.0000        
CONF TABLE 2009-12-05 1,097 1,097 S/L 7.0000        
CONF TABLE CHAIRS 2009-12-05 2,616 2,616 S/L 7.0000        
LUCITE BASE 2010-02-02 220 220 S/L 7.0000        
MISC (LR) 2010-05-21 1,209 1,209 S/L 7.0000        
CHAIRS RECEPT 2010-02-23 1,605 1,605 S/L 7.0000        
FRAMING 2010-05-07 1,017 1,017 S/L 7.0000        
COMPUTERS (2) 2011-09-08 3,864 3,864 S/L 5.0000        
SCANNER 2013-07-02 839 839 S/L 5.0000        
OFFICE FURNISHINGS 2015-01-01 56,636 56,636 S/L 5.0000        
OFFICE FURNISHINGS 2016-04-25 2,412 2,412 S/L 5.0000        
OFFICE EQUIPMENT 2016-02-19 2,540 2,540 S/L 5.0000        
OFFICE EQUIPMENT - HP DESKTOP 2016-04-19 754 754 S/L 5.0000        
COMPUTER SOFTWARE 2015-12-11 17,000 17,000 S/L 3.0000        
COMPUTER SOFTWARE 2016-11-22 3,000 3,000 S/L 3.0000        
LAPTOP 2017-09-05 400 400 S/L 3.0000        
COMPUTER EQUIPMENT 2017-09-29 699 699 S/L 3.0000        
COMPUTER EQUIPMENT 2021-11-15 2,261 377 STRAIGHT LINE 3.0000        
COMPUTER EQUIPMENT 2021-11-15 2,261 377 S/L 3.0000 754      

TY 2022 InvestmentsCorpBondsSchedule
Name:
THE ANGELL FOUNDATION
EIN:
01-0789717
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE BONDS 4,390,935 4,021,256

TY 2022 InvestmentsCorpStockSchedule
Name:
THE ANGELL FOUNDATION
EIN:
01-0789717
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE EQUITIES 64,086,320 72,086,923

TY 2022 InvestmentsGovtObligationsSch
Name:
THE ANGELL FOUNDATION
EIN:
01-0789717
US Government Securities - End of Year Book Value:

6,152,546
US Government Securities - End of Year Fair Market Value:

5,892,092
State & Local Government Securities - End of Year Book Value:


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


 


TY 2022 InvestmentsOtherSchedule2
Name:
THE ANGELL FOUNDATION
EIN:
01-0789717
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
REAL ESTATE ENTITIES AT COST 1,073,967 1,473,480
OIL AND GAS AT COST 1,932,405 2,440,000
PRIVATE PLACEMENTS AT COST 32,081,445 40,699,250

TY 2022 LandEtcSchedule2
Name:
THE ANGELL FOUNDATION
EIN:
01-0789717
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
OFFICE EQUIPMENT & FURNITURE 157,759 156,630 1,129 1,129


TY 2022 OtherAssetsSchedule
Name:
THE ANGELL FOUNDATION
EIN:
01-0789717
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DEPOSITS 14,390 14,390 14,390
LIFE INSURANCE CSV 1,211,036 1,334,895 1,334,895
ARTWORK 50,968 50,968 50,968


TY 2022 OtherDecreasesSchedule
Name:
THE ANGELL FOUNDATION
EIN:
01-0789717
Description Amount
PRIOR YEAR PTRSHIP DIST BASIS ADJUSTMENT 246,677
PENALTIES 874
PARTNERSHIP LOSS NON-DEDUCTIBLE 8,416


TY 2022 OtherExpensesSchedule
Name:
THE ANGELL FOUNDATION
EIN:
01-0789717
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
LOSS OF STOLEN CHECKS 10,000      
OFFICE EXPENSE 25,450     25,450
LIFE INSURANCE 611      
PARKING 6,529     6,529
PARTNERSHIPS LOSS FROM LINE 1 286,192 286,192    


TY 2022 OtherIncomeSchedule2
Name:
THE ANGELL FOUNDATION
EIN:
01-0789717
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
K-1 GMT EXPLORATION -368,358    
K-1 IBEX INV HOLDINGS -DAVLYN 40,032    
K-1 TIGER GLOBAL PIP X -37,712    
K-1 MAGELLAN MIDSTREAM -23,410    
K-1 TIGER GLOBAL PIP XI -2,472    
K-1 TIGER GLOBAL PIP XII -26,009    
K-1 OAKTREE CAPITAL SER A 1,297    
K-1 ASH VI, LLC -675    
K-1 ASH V4, LLC -64,472    
K-1 OAKTREE CAPITAL SER B 1,282    
K-1 SUBURBAN PROPANE 4,461    
K-1 OPPEN ACTIVIST PARTNERS 206,933    
K-1 OPPEN - DIVIDEND REC DED -435    


TY 2022 OtherIncreasesSchedule
Name:
THE ANGELL FOUNDATION
EIN:
01-0789717
Description Amount
50% QUALIFIED DIVIDEND DEDUCTION 12,073


TY 2022 OtherLiabilitiesSchedule
Name:
THE ANGELL FOUNDATION
EIN:
01-0789717
Description Beginning of Year - Book Value End of Year - Book Value
PENSION CONTRIBUTION PAYABLE 107,696  
PAYROLL PAYABLE   124,573


TY 2022 OtherProfessionalFeesSchedule
Name:
THE ANGELL FOUNDATION
EIN:
01-0789717
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT 466,069 466,069    
ADMINISTRATIVE FEES 8,883 888   7,995
COMPUTER FEES 16,609     16,609


TY 2022 TaxesSchedule
Name:
THE ANGELL FOUNDATION
EIN:
01-0789717
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
STATE TAXES 22,792 22,792    
FOREIGN TAXES W/H ON DIVI/PRTSH 112,059 112,059    
FILING FEES 650      
NET EXCISE TAXES 162,773