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
GAIL G ELLIS FOUNDATION INC
C/O DAVID FRIEDLANDER FGMK
Number and street (or P.O. box number if mail is not delivered to street address)2801 LAKESIDE DRIVE - 3RD FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BANNOCKBURN, IL60015
A Employer identification number

36-4076867
B Telephone number (see instructions)

(847) 374-0400
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$13,386,946J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 65,574 65,574  
4 Dividends and interest from securities... 92,871 92,871  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 416,246
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 416,246
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
381,374 381,374 0
12 Total. Add lines 1 through 11........ 956,065 956,065 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,950 4,950 0 0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
5,263 5,263 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
236,340 236,340 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 246,553 246,553 0 0
25 Contributions, gifts, grants paid....... 683,500 683,500
26 Total expenses and disbursements. Add lines 24 and 25 930,053 246,553 0 683,500
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 26,012
b Net investment income (if negative, enter -0-) 709,512
c Adjusted net income (if negative, enter -0-)... 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.............   -1 -1
2 Savings and temporary cash investments......... 228,923 72,090 72,090
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).......... 11,682,740 Click to see attachment
List of Attached Documents:
// Content
11,864,412 		13,314,857
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 11,911,663 11,936,501 13,386,946
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)    
23 Total liabilities (add lines 17 through 22)......... 0 0
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........... 11,911,663 11,936,501
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)..... 11,911,663 11,936,501
30 Total liabilities and net assets/fund balances (see instructions). 11,911,663 11,936,501
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
11,911,663
2
Enter amount from Part I, line 27a .....................
2
26,012
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
35
4
Add lines 1, 2, and 3 ..........................
4
11,937,710
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
1,209
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
11,936,501
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 GC STOCK FUND S1 (TE) P    
b GC STOCK FUND S1 (TE) P    
c GC PRIVATE FUND S1B (TE) P    
d GC PRIVATE FUND S1B (TE) P    
e GC PRIVATE FUND S1 (TE) P    
GC PRIVATE FUND S1 (TE) P    
GC HEDGE FUND S1 (TE) P    
GC HEDGE FUND S1 (TE) P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a       13,468
b       26,211
c       -11,519
d       4,389
e       -10,670
      269,765
      116,565
      8,037
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       13,468
b       26,211
c       -11,519
d       4,389
e       -10,670
      269,765
      116,565
      8,037
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 2 416,246
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 9,862
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 9,862
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 9,862
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 12,639
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,639
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 2,777
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow2,777 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
 
No
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 arrowIL
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 arrowDAVID FRIEDLANDER Telephone no.right arrow (847) 940-3240

Located atright arrow2801 LAKESIDE 300BANNOCKBURNIL ZIP+4right arrow60015
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
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 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
GAIL G ELLIS DIRECTOR
0.00 		0 0 0
1435 CIRCLE DRIVE
SAN MARINO,CA91108
BRIAN C SULLIVAN DIRECTOR
0.00 		0 0 0
15040 ALTATA DRIVE
PACIFIC PALISADES,CA90272
CARRIE E SULLIVAN DIRECTOR
0.00 		0 0 0
1455 CIRCLE DRIVE
SAN MARINO,CA91108
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
0
b
Average of monthly cash balances.......................
1b
186,448
c
Fair market value of all other assets (see instructions)................
1c
13,276,636
d
Total (add lines 1a, b, and c).........................
1d
13,463,084
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
13,463,084
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
201,946
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
13,261,138
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
663,057
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
663,057
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
9,862
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
1,046
c
Add lines 2a and 2b............................
2c
10,908
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
652,149
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
652,149
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
652,149
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
683,500
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
683,500
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 7 652,149
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 655,525
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 683,500
a Applied to 2022, but not more than line 2a 655,525
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 27,975
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		624,174
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
GAIL G ELLIS
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

ABILITYFIRST

1300 E GREEN STREET
PASADENA,CA91106 		  PC PUBLIC CHARITY 4,000

ACADEMY OF ST JOAN OF ARC

9245 LAWNDALE AVE
EVANSTON,IL602031308 		  PC PUBLIC CHARITY 1,000

AIM FOR MENTAL HEALTH

PO BOX 4235
CARMEL BY THE SEA,CA93921 		  PC PUBLIC CHARITY 1,000

ALS ASSOCIATION

PO BOX 37022
BOONE,IA50037 		  PC PUBLIC CHARITY 1,000

ALZHEIMER'S ASSOCIATION

4709 GOLF RD
SKOKIE,IL60076 		  PC PUBLIC CHARITY 3,000

AMERICAN HEART ASSOCIATION

208 S LASALLE ST STE 1500
CHICAGO,IL60604 		  PC PUBLIC CHARITY 1,000

AMERICAN INSTITUTE FOR CANCER RESEARCH

PO BOX 97167
WASHINGTON,DC200907167 		  PC PUBLIC CHARITY 1,000

AMERICAN RED CROSS

PO BOX 37639
BOONE,IA50037 		  PC PUBLIC CHARITY 1,000

AMNESTY INTERNATIONAL

311 W 43RD STREET
NEW YORK,NY10036 		  PC PUBLIC CHARITY 2,000

ART CENTER COLLEGE OF DESIGN

1700 LIDA ST
PASADENA,CA91103 		  PC PUBLIC CHARITY 2,000

ASPCA

424 E 92ND ST
NEW YORK,NY10128 		  PC PUBLIC CHARITY 1,000

AUTISM SPEAKS

1 EAST 33RD STREET 4TH FLOOR
NEW YORK,NY10016 		  PC PUBLIC CHARITY 5,000

AUTRY MUSEUM

4700 WESTERN HERITAGE WAY
LOS ANGELES,CA90027 		  PC PUBLIC CHARITY 2,000

BARRINGTON 220

PO BOX 262
BARRINGTON,IL60011 		  PC PUBLIC CHARITY 1,000

BETTY FORD ALPINE GARDENS

530 SOUTH FRONTAGE ROAD EAST
VAIL,CO81657 		  PC PUBLIC CHARITY 1,000

BOYS AND GIRLS CLUB OF AMERICA

1275 PEACHTREE ST NE
ATLANTA,GA303093506 		  PC PUBLIC CHARITY 2,000

BOY'S TOWN

14100 CRAWFORD ST
BOYS TOWN,NE68010 		  PC PUBLIC CHARITY 1,000

BRAVO VAIL

2271 N FRONTAGE RD W
VAIL,CO81657 		  PC PUBLIC CHARITY 5,000

BRENTWOOD SCHOOL

100 S BARRINGTON PLACE
LOS ANGELES,CA90049 		  PC PUBLIC CHARITY 5,000

CAL FARLEY'S BOYS RANCH

PO BOX 98156
WASHINGTON,DC20090 		  PC PUBLIC CHARITY 1,000

CAMPING AND EDUCATION FOUNDATION

3515 MICHIGAN AVENUE
CINCINNATI,OH45208 		  PC PUBLIC CHARITY 1,000

CANCER SUPPORT COMMUNITY PASADENA

331 W SIERRA MADRE BLVD
SIERRA MADRE,CA91024 		  PC PUBLIC CHARITY 5,000

CATHOLIC BIG BROTHERS BIG SISTERS

1530 JAMES M WOOD BLVD
LOS ANGELES,CA90015 		  PC PUBLIC CHARITY 1,000

CATHOLIC RELIEF SERVICES

PO BOX 17145
BALTIMORE,MD21298 		  PC PUBLIC CHARITY 1,000

CEDARS SINAI

8700 BEVERLY BLVD 2900A
LOS ANGELES,CA90048 		  PC PUBLIC CHARITY 1,000

CHILDREN'S BURN FOUNDATION

5000 VAN NUYS BOULEVARD SUITE 210
SHERMAN OAKS,CA91403 		  PC PUBLIC CHARITY 1,000

CITY OF HOPE

1500 EAST DUARTE ROAD
DUARTE,CA91010 		  PC PUBLIC CHARITY 5,000

CLASSICAL KUSC

PO BOX 7913
LOS ANGELES,CA90007 		  PC PUBLIC CHARITY 1,000

COAST GUARD FOUNDATION

394 TAUGWONK RD
STONINGTON,CT06378 		  PC PUBLIC CHARITY 1,000

COVANT HOUSE

PO BOX 758637
TOPEKA,KS66675 		  PC PUBLIC CHARITY 1,000

DOCTORS WITHOUT BORDERS

333 7TH AVENUE 2ND FLOOR
NEW YORK,NY10001 		  PC PUBLIC CHARITY 2,000

DOHENY EYE INSTITUTE

150 N ORANGE GROVE BLVD
PASADENA,CA91103 		  PC PUBLIC CHARITY 1,000

DOWNTOWN WOMENS CENTER

442 S SAN PEDRO STREET
LOS ANGELES,CA90013 		  PC PUBLIC CHARITY 1,000

EASTER SEALS

PO BOX 35908
LOS ANGELES,CA900350906 		  PC PUBLIC CHARITY 1,000

EPILEPSY FOUNDATION

PO BOX 96548
WASHINGTON,DC20077 		  PC PUBLIC CHARITY 1,000

FEEDING AMERICA

PO BOX 96749
WASHINGTON,DC20077 		  PC PUBLIC CHARITY 10,000

FIVE ACRES

760 W MOUNTAIN VIEW ST
ALTADENA,CA91001 		  PC PUBLIC CHARITY 5,000

FLINTRIDGE PREPARATORY SCHOOL

4543 CROWN AVE
LA CANADA FLINTRIDGE,CA91011 		  PC PUBLIC CHARITY 1,000

FOOTHILL FAMILY SERVICES

2500 E FOOTHILL BLVD STE 300
PASADENA,CA91107 		  PC PUBLIC CHARITY 1,000

FOUNDATION FIGHTING BLINDNESS

PO BOX 45740
BALTIMORE,MD21297 		  PC PUBLIC CHARITY 1,000

GENTLE GIANTS DRAFT HORSE RESCUE

PO BOX 5058
HAGERSTOWN,MD21741 		  PC PUBLIC CHARITY 1,000

GEORGETOWN UNIVERSITY

3700 O ST NW
WASHINGTON,DC20057 		  PC PUBLIC CHARITY 5,000

GUARDIAN ANGELS MEDICAL SERVICES

PO BOX 1569
MERRIFIELD,VA22116 		  PC PUBLIC CHARITY 1,000

GUIDING EYES FOR THE BLIND

611 GRANITE SPRINGS RD
YORKTOWN HEIGHTS,NY10598 		  PC PUBLIC CHARITY 2,000

HABITAT FOR HUMANITY INTERNATIONAL

800 N STATE ST
ELGIN,IL60123 		  PC PUBLIC CHARITY 2,000

HATHAWAY-SYCAMORES

851 NORTH OAKLAND AVENUE
PASADENA,CA91104 		  PC PUBLIC CHARITY 1,000

HEALTHNETWORK FOUNDATION

3550 LANDER RD SUITE 225
PEPPER PIKE,OH44124 		  PC PUBLIC CHARITY 1,000

HEARTS THERAPEUTIC EQUESTRIAN CENTER

4420 CALLE REAL
SANTA BARBARA,CA93110 		  PC PUBLIC CHARITY 1,000

HELEN KELLER INT'L

ONE DAG HAMMARSKJOLD PLAZA FLOOR 2
NEW YORK,NY10017 		  PC PUBLIC CHARITY 1,000

HILLSIDES

940 AVENUE 64
PASADENA,CA91105 		  PC PUBLIC CHARITY 1,000

HOLY FAMILY CATHOLIC CHURCH

600 BROOK FOREST AVE
SHOREWOOD,IL60404 		  PC PUBLIC CHARITY 10,000

HUMANE SOCIETY OF THE US

1255 23RD STREET NW SUITE 450
WASHINGTON,DC20037 		  PC PUBLIC CHARITY 1,000

HUNTINGTON HOSPITAL

270 PARK AVE
HUNTINGTON,NY11743 		  PC PUBLIC CHARITY 100,000

HUNTINGTON LIBRARY SOCIETY OF FELLOWS

1151 OXFORD ROAD
SAN MARINO,CA91108 		  PC PUBLIC CHARITY 6,000

INTERNATIONAL MEDICAL CORPS

12400 WILSHIRE BLVD STE 1500
LOS ANGELES,CA90025 		  PC PUBLIC CHARITY 1,000

JUNIOR LEAGUE OF PASADENA

149 S MADISON AVE
PASADENA,CA91101 		  PC PUBLIC CHARITY 2,000

LOS ANGELES MISSION

PO BOX 60127
LOS ANGELES,CA30060 		  PC PUBLIC CHARITY 5,000

LOS ANGELES OPERA FUND

135 NORTH GRAND AVENUE
LOS ANGELES,CA90012 		  PC PUBLIC CHARITY 1,000

LYRIC OPERA-CHICAGO

20 N WACKER DR
CHICAGO,IL60606 		  PC PUBLIC CHARITY 1,000

MADD

511 E JOHN CARPENTER FREEWAY
IRVING,TX75062 		  PC PUBLIC CHARITY 1,000

MAGICAL STRINGS OF YOUTH

1250 RADCLIFFE ROAD
BUFFALO GROVE,IL60089 		  PC PUBLIC CHARITY 10,000

MAKE-A-WISH

640 N LA SALLE STREET 280
CHICAGO,IL60654 		  PC PUBLIC CHARITY 2,000

MARCH OF DIMES

141 W JACKSON BLVD 1875
CHICAGO,IL60604 		  PC PUBLIC CHARITY 1,000

MARINE TOYS FOR TOTS

18251 QUANTICO GATEWAY DR
TRIANGLE,VA22172 		  PC PUBLIC CHARITY 1,000

MD ANDERSON CANCER CENTER

1840 OLD SPANISH TRAIL
HOUSTON,TX77054 		  PC PUBLIC CHARITY 1,000

MEMORIAL SLOAN KETTERING

1275 YORK AVENUE
NEW YORK,NY10065 		  PC PUBLIC CHARITY 2,000

MERCY CORPS

PO BOX 80020
PRESCOTT,AZ86304 		  PC PUBLIC CHARITY 1,000

MERCY HOME FOR BOYS AND GIRLS

1140 W JACKSON BLVD
CHICAGO,IL60607 		  PC PUBLIC CHARITY 1,000

MERCY SHIPS

PO BOX 2020
GARDEN VALLEY,TX75771 		  PC PUBLIC CHARITY 2,000

MOBILE CARE FOUNDATION

321 N LOOMIS ST
CHICAGO,IL60607 		  PC PUBLIC CHARITY 50,000

MULTIPLE SCLEROSIS ASSOCIATION

PO BOX 96219
WASHINGTON,DC20090 		  PC PUBLIC CHARITY 1,000

MUSCULAR DYSTROPHY FAMILY FOUNDATION

PO BOX 776
CARMEL,IN46032 		  PC PUBLIC CHARITY 1,000

MUTTS WITH A MISSION

PO BOX 17466
WASHINGTON,DC200770113 		  PC PUBLIC CHARITY 1,000

NAMI

PO BOX 62596
BALTIMORE,MD21264 		  PC PUBLIC CHARITY 1,000

NATIONAL ASSOCIATION OF BLIND VETERANS

12516 HAMMOCK POINTE CIR
LAKE COUNTY,FL34711 		  PC PUBLIC CHARITY 1,000

NATURAL HISTORY MUSEUM

900 EXPOSITION BLVD
LOS ANGELES,CA90007 		  PC PUBLIC CHARITY 3,500

NORTHWESTERN UNIVERSITY

633 CLARK ST
EVANSTON,IL60208 		  PC PUBLIC CHARITY 3,000

OPERATION SMILE

3641 FACULTY BLVD
VIRGINIA BEACH,VA23453 		  PC PUBLIC CHARITY 2,000

PALM BEACH SYMPHONY

400 HIBISCUS SUITE 100
WEST PALM BEACH,FL33401 		  PC PUBLIC CHARITY 5,000

PARALYZED VETERANS OF AMERICA

801 EIGHTEENTH STREET NW
WASHINGTON,DC20006 		  PC PUBLIC CHARITY 1,000

PARKINSON RESEARCH FOUNDATION

PO BOX 96318
WASHINGTON,DC20090 		  PC PUBLIC CHARITY 2,000

PASADENA PLAYHOUSE

39 S EL MOLINO AVE
PASADENA,CA91101 		  PC PUBLIC CHARITY 10,000

PASADENA SENIORS CENTER

85 E HOLLY ST
PASADENA,CA91103 		  PC PUBLIC CHARITY 1,000

PASADENA SHOWCASE HOUSE FOR THE ARTS

435 FAIR OAKS AVENUE
SOUTH PASADENA,CA91030 		  PC PUBLIC CHARITY 1,000

PATHWAY TO KINSHIP

29116 HILLRISE DRIVE
AGOURA HILLS,CA91301 		  PC PUBLIC CHARITY 50,000

PAWS FOR PURPLE HEARTS

5860 LABATH AVE
ROHNERT PARK,CA94928 		  PC PUBLIC CHARITY 2,000

PBS SOCAL

3080 BRISTOL STREET SUITE 100
COSTA MESA,CA92626 		  PC PUBLIC CHARITY 1,000

PLANNED PARENTHOOD

400 WEST 30TH STREET
LOS ANGELES,CA90007 		  PC PUBLIC CHARITY 2,000

RACHEL ELIZABETH BARTON FOUNDATION

333 W HUBBART ST APT 901
CHICAGO,IL60654 		  PC PUBLIC CHARITY 1,000

RONALD MCDONALD HOUSE

763 SOUTH PASADENA AVE
PASADENA,CA91105 		  PC PUBLIC CHARITY 2,000

SAINT MATTHEWS PARISH SCHOOL

1555 GLEN ELLYN RD
GLENDALE HEIGHTS,IL60139 		  PC PUBLIC CHARITY 10,000

SALVATION ARMY

615 SLATERS LANE PO BOX 269
ALEXANDRIA,VA22313 		  PC PUBLIC CHARITY 5,000

SAN MARINO FIRE ASSOCIATION

2200 HUNTINGTON DR
SAN MARINO,CA91108 		  PC PUBLIC CHARITY 1,000

SAN MARINO PUBLIC LIBRARY CAMPAIGN

1890 HUNTINGTON BLVD
SAN MARINO,CA91108 		  PC PUBLIC CHARITY 1,000

SAN MARINO SCHOOLS FOUNDATION

1665 WEST DR
SAN MARINO,CA91108 		  PC PUBLIC CHARITY 5,000

SAVE THE CHILDREN

501 KINGS HIGHWAY
FAIRFIELD,CT06825 		  PC PUBLIC CHARITY 1,000

SCHOOL YEAR ABROAD

120 WATER STREET SUITE 310
NORTH ANDOVER,MA01845 		  PC PUBLIC CHARITY 1,000

SEMESTER AT SEA

2243 CENTRE AVENUE UNIT 300
FORT COLLINS,CO80526 		  PC PUBLIC CHARITY 10,000

SHRINERS HOSPITALS FOR CHILDREN

2900 N ROCKY POINT DR
TAMPA,FL33607 		  PC PUBLIC CHARITY 1,000

SOCIETY OF THE SACRED HEART

4120 FOREST PARK AVENUE
ST LOUIS,MO63108 		  PC PUBLIC CHARITY 1,000

SOLES4SOULS

319 MARTINGALE DRIVE
OLD HICKORY,TN37138 		  PC PUBLIC CHARITY 3,000

SOUTH PASADENA EDUCATIONAL FOUNDATION

351 S HUDSON AVE
PASADENA,CA91101 		  PC PUBLIC CHARITY 1,000

SOUTH PASADENA SAN MARINO YMCA

1605 N GARFIELD AVE
SOUTH PASADENA,CA91030 		  PC PUBLIC CHARITY 1,000

SOUTHERN CALIFORNIA PUBLIC RADIO

474 SOUTH RAYMOND AVENUE
PASADENA,CA91105 		  PC PUBLIC CHARITY 1,000

SPECIAL OLYMPICS

1133 19TH STREET NW
WASHINGTON,DC20036 		  PC PUBLIC CHARITY 10,000

ST JOSEPH'S INDIAN SCHOOL

1301 N MAIN ST
CHAMBERLAIN,SD57325 		  PC PUBLIC CHARITY 1,000

ST JUDES CHILDREN RESEARCH HOSPITAL

501 ST JUDE PLACE
MEMPHIS,TN38105 		  PC PUBLIC CHARITY 10,000

ST VINCENT MEALS ON WHEELS

2303 MIRAMAR ST
LOS ANGELES,CA90057 		  PC PUBLIC CHARITY 3,000

STEADMAN PHIIPPON RESEARCH INSTITUTE

181 W MEADOW DR 1000
VAIL,CO81657 		  PC PUBLIC CHARITY 2,000

SUSAN G KOMEN

213 W INSTITUTE PL SUITE 302
CHICAGO,IL60610 		  PC PUBLIC CHARITY 2,000

THE ARTHRITIS FOUNDATION

1355 PEACHTREE ST NE 6TH FL
ATLANTA,GA30309 		  PC PUBLIC CHARITY 3,000

THE COLBURN SCHOOL

200 S GRAND AVE
LOS ANGELES,CA90012 		  PC PUBLIC CHARITY 1,000

THE SMILE TRAIN

41 MADISON AVE 28TH FLOOR
NEW YORK,NY10010 		  PC PUBLIC CHARITY 1,000

THE SMILE TRAIN

PO BOX 96248
WASHINGTON,DC20090 		  PC PUBLIC CHARITY 1,000

THE SYCAMORES

840 N AVENUE 66
LOS ANGELES,CA90042 		  PC PUBLIC CHARITY 2,000

THE UCLA FOUNDATION

PO BOX 7145
PASADENA,CA91109 		  PC PUBLIC CHARITY 25,000

THRIVE RESCUE

360 E 1ST STREET 921
TUSTIN,CA92780 		  PC PUBLIC CHARITY 2,000

UNION RESCUE MISSION

545 SAN PEDRO STREET
LOS ANGELES,CA90013 		  PC PUBLIC CHARITY 10,000

UNION STATION HOMELESS SERVICES

825 E ORANGE GROVE BLVD
PASADENA,CA91104 		  PC PUBLIC CHARITY 10,000

UNITED STATES HOLOCAUST MEMORIAL

595 ELM PL
HIGHLAND PARK,IL60035 		  PC PUBLIC CHARITY 1,000

UNIVERSITY OF NEW MEXICO

700 LOMAS BLVD NE
ALBUQUERQUE,NM87102 		  PC PUBLIC CHARITY 100,000

UNIVERSITY OF NOTRE DAME

400 MAIN BUILDING
NOTRE DAME,IN46556 		  PC PUBLIC CHARITY 5,000

URYADI'S VILLAGE

PO BOX 1086
SANDPOINT,ID83864 		  PC PUBLIC CHARITY 1,000

USET FOUNDATION

PO BOX 355
GLADSTONE,NJ07934 		  PC PUBLIC CHARITY 5,000

USHJA FOUNDATION

3870 CIGAR LANE
LEXINGTON,KY07934 		  PC PUBLIC CHARITY 2,000

USO

PO BOX 96860
WASHINGTON,DC20077 		  PC PUBLIC CHARITY 3,000

USOPF

PO BOX 6084
ALBERT LEA,MN56007 		  PC PUBLIC CHARITY 3,000

VAIL HEALTH FOUNDATION

PO BOX 1529
VAIL,CO81658 		  PC PUBLIC CHARITY 5,000

VAIL VALLEY MEDICAL CENTER FOUNDATION

322 BREAD CREEK RD
EDWARDS,CO81632 		  PC PUBLIC CHARITY 5,000

VIETNAM VETERANS MEMORIAL FUND

PO BOX 96764
WASHINGTON,DC20090 		  PC PUBLIC CHARITY 1,000

VILLA ESPERANZA

2116 E VILLA
PASADENA,CA91107 		  PC PUBLIC CHARITY 1,000

VISTA DEL MAR

3200 MOTOR AVENUE
LOS ANGELES,CA90034 		  PC PUBLIC CHARITY 5,000

WORLD WILDLIFE

1250 24TH STREET NW
WASHINGTON,DC20037 		  PC PUBLIC CHARITY 1,000

WOUNDED WARRIOR PROJECT

84899 BELFORT RD STE 300
JACKSONVILLE,FL32256 		  PC PUBLIC CHARITY 2,000

YOUNG & HEALTHY

136 W FIORTA ST
PASADENA,CA91103 		  PC PUBLIC CHARITY 2,000

CS ARTS FOUNDATION

1401 HIGHLAND AVE
DUARTE,CA91010 		  PC PUBLIC CHARITY 25,000

YWCA SAN GABRIEL VALLEY

101 S BARRANCA AVENUE
COVINA,CA91723 		  PC PUBLIC CHARITY 2,000
Total .................................right arrow 3a 683,500
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 65,574  
4 Dividends and interest from securities ....     14 92,871  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 381,374  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 416,246  
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) .. 0 956,065 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
956,065
(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.)
8 INVESTMENTS SOLD AT A GAIN OR LOSS DURING THE PLAN YEAR
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
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Form 990-PF (2023)
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Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
GAIL G ELLIS FOUNDATION INC
 
C/O DAVID FRIEDLANDER FGMK
EIN:
36-4076867
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 4,950 4,950 0 0

TY 2023 InvestmentsOtherSchedule2
Name:
GAIL G ELLIS FOUNDATION INC
 
C/O DAVID FRIEDLANDER FGMK
EIN:
36-4076867
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
INVESTMENTS IN PARTNERSHIPS AT COST 11,864,412 13,314,857

TY 2023 OtherDecreasesSchedule
Name:
GAIL G ELLIS FOUNDATION INC
 
C/O DAVID FRIEDLANDER FGMK
EIN:
36-4076867
Description Amount
NON-DEDUCTIBLE TAX ITEMS FROM PASS-THROUGH K1S 1,209


TY 2023 OtherExpensesSchedule
Name:
GAIL G ELLIS FOUNDATION INC
 
C/O DAVID FRIEDLANDER FGMK
EIN:
36-4076867
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT EXPENSES FROM GC BOND FUND S1 (TE) 2,152 2,152 0 0
INVESTMENT EXPENSES FROM GC HEDGE FUND (TE) 31,649 31,649 0 0
INVESTMENT EXPENSES FROM GC PRIVATE FUND S1 (TE) 125,309 125,309 0 0
INVESTMENT EXPENSES FROM GC PRIVATE FUND S1B (TE) 32,240 32,240 0 0
INVESTMENT EXPENSES FROM GC STOCK FUND S1 (TE) 31,265 31,265 0 0
OTHER INVESTMENT EXPENSES 13,725 13,725 0 0


TY 2023 OtherIncomeSchedule2
Name:
GAIL G ELLIS FOUNDATION INC
 
C/O DAVID FRIEDLANDER FGMK
EIN:
36-4076867
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
GC STOCK FUND S1 (TE) 22,792 22,792  
GC BOND FUND S1 (TE) 86 86  
GC HEDGE FUND (TE) 113,751 113,751  
GC PRIVATE FUND S1 (TE) 91,394 91,394  
GC PRIVATE FUND S1B (TE) 153,351 153,351  


TY 2023 OtherIncreasesSchedule
Name:
GAIL G ELLIS FOUNDATION INC
 
C/O DAVID FRIEDLANDER FGMK
EIN:
36-4076867
Description Amount
PRIOR YEAR ADJUSTMENT 35


TY 2023 TaxesSchedule
Name:
GAIL G ELLIS FOUNDATION INC
 
C/O DAVID FRIEDLANDER FGMK
EIN:
36-4076867
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAXES PAID 144 144 0 0
FOREIGN TAX PAID 5,119 5,119 0 0