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
Winifred Johnson Clive Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)1660 Bush Street 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
San Francisco, CA94109
A Employer identification number

25-6277031
B Telephone number (see instructions)

(415) 561-6540
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$21,122,648J Accounting method:
Modified Cash
(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 27 27  
4 Dividends and interest from securities... 491,542 491,542  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 673,897
b Gross sales price for all assets on line 6a 4,346,964
7 Capital gain net income (from Part IV, line 2)... 673,897
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
5,958 526  
12 Total. Add lines 1 through 11........ 1,171,424 1,165,992  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
6,199     6,199
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,825     5,825
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
203,939 85,919   118,020
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
14,500      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 72,627     72,627
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
125     125
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 303,215 85,919   202,796
25 Contributions, gifts, grants paid....... 1,075,900 953,400
26 Total expenses and disbursements. Add lines 24 and 25 1,379,115 85,919   1,156,196
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -207,691
b Net investment income (if negative, enter -0-) 1,080,073
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 202,459 238,585 238,585
2 Savings and temporary cash investments......... 162,158 80,984 80,984
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) 1,743,175 Click to see attachment
List of Attached Documents:
// Content
682,843 		682,843
b Investments—corporate stock (attach schedule)....... 12,589,958 Click to see attachment
List of Attached Documents:
// Content
13,845,551 		13,845,551
c Investments—corporate bonds (attach schedule)....... 4,410,671 Click to see attachment
List of Attached Documents:
// Content
5,544,177 		5,544,177
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).......... 829,601 Click to see attachment
List of Attached Documents:
// Content
692,608 		692,608
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
162,650 		Click to see attachment
List of Attached Documents:
// Content
37,900 		Click to see attachment
List of Attached Documents:
// Content
37,900
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,100,672 21,122,648 21,122,648
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 5,000 127,500
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)......... 5,000 127,500
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........... 20,095,672 20,995,148
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)..... 20,095,672 20,995,148
30 Total liabilities and net assets/fund balances (see instructions). 20,100,672 21,122,648
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
20,095,672
2
Enter amount from Part I, line 27a .....................
2
-207,691
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,231,917
4
Add lines 1, 2, and 3 ..........................
4
21,119,898
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
124,750
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
20,995,148
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 Sale of Publicly Traded Securites P 2000-01-01 2023-12-31
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 4,346,964   3,673,067 673,897
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       673,897
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 673,897
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 15,013
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 15,013
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 15,013
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 20,408
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,500
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 22,908
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8  
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 7,895
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow7,895 Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCA, FL
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 arrowhttp://www.wjclivefoundation.org
14
The books are in care ofright arrowPacific Foundation Svcs LLC Telephone no.right arrow (415) 561-6540

Located atright arrow1660 Bush Street Ste 300San FranciscoCA ZIP+4right arrow941095308
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Lance Johnson for half '23 Assoc. Trustee
5.00 		0    
1660 Bush St Ste 300
San Francisco,CA941095308
Lisa J Lunday Sec'y/Trustee
5.00 		0    
1660 Bush St Ste 300
San Francisco,CA941095308
Winifred J Sharp Trustee
5.00 		0    
1660 Bush St Ste 300
San Francisco,CA941095308
Stephanie P Johnson Trustee
5.00 		0    
1660 Bush St Ste 300
San Francisco,CA941095308
Elizabeth Stewart Trustee
5.00 		0    
1660 Bush St Ste 300
San Francisco,CA941095308
Roland Perkins Trustee
5.00 		0    
1660 Bush St Ste 300
San Francisco,CA941095308
Jonathan C Perkins Tres/Trustee
5.00 		0    
1660 Bush St Ste 300
San Francisco,CA941095308
Steger Johnson Pres/Trustee
5.00 		0    
1660 Bush St Ste 300
San Francisco,CA941095308
Jennifer Thielhelm Trustee
5.00 		0    
1660 Bush St Ste 300
San Francisco,CA941095308
Justin Jordan for half '23 Assoc. Trustee
5.00 		0    
1660 Bush St Ste 300
San Francisco,CA941095308
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  
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
Pacific Foundation Services LLC Grant Management 116,085
1660 Bush street Suite 300
San Francisco,CA94109
Cornerstone Capital Inc Investment Advice 85,919
200 Homer Avenue
Palo Alto,CA943012722
Total number of others receiving over $50,000 for professional services.............right arrow1
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 arrow  
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
19,874,407
b
Average of monthly cash balances.......................
1b
420,001
c
Fair market value of all other assets (see instructions)................
1c
31,000
d
Total (add lines 1a, b, and c).........................
1d
20,325,408
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
 
3
Subtract line 2 from line 1d.........................
3
20,325,408
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
304,881
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
20,020,527
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,001,026
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,001,026
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
15,013
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
15,013
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
986,013
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
986,013
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
986,013
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,156,196
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
1,156,196
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 7 986,013
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019...... 17,417
c From 2020...... 65,669
d From 2021...... 2,382
e From 2022...... 41,039
f Total of lines 3a through e ........ 126,507
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,156,196
a Applied to 2022, 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)........ 		0
d Applied to 2023 distributable amount..... 986,013
e Remaining amount distributed out of corpus 170,183
5 Excess distributions carryover applied to 2023.    
(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 5 296,690
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		296,690
10 Analysis of line 9:
a Excess from 2019.... 17,417
b Excess from 2020.... 65,669
c Excess from 2021.... 2,382
d Excess from 2022.... 41,039
e Excess from 2023.... 170,183
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year
CuriOdyssey


1651 Coyote Point Drive
San Mateo,CA94401 		N/A PC General Operations with Emphasis on Storm Expenses Reserves Replenishment 30,000
A Gift for Teaching Inc


6501 Magic Way Bldg 400 C
Orlando,FL32908 		N/A PC For the School SmARTS and A Gift for Music programs 42,400
Medicine Horse Center


PO Box 1074
Mancos,CO81328 		N/A PC Youth Development & Grandparents Wellness Support 27,500
Bach Festival Society of Winter Par


1000 Holt Ave 2763
Winter Park,FL32789 		N/A PC Bach to the Future: The Bach Festival Society of Winter Parks Education Programs 25,000
My New Red Shoes


330 Twin Dolphin Dr Suite 135
Burlingame,CA94065 		N/A PC Scaling Organizational Capacity 10,000
Edgewood Ctr for Children and Famil


1801 Vicente Street
San Francisco,CA94116 		N/A PC Expressive Arts Program 15,000
Dr Phillips Center for Performing A


155 E Anderson Street
Orlando,FL32801 		N/A PC STROKESTRA 30,000
WildCare


76 Albert Park Lane
San Rafael,CA94939 		N/A PC Terwilliger Environmental Education Programs 25,000
Sunrise Horse Rescue


PO Box 143
St Helena,CA94574 		N/A PC Operations Budget 2023 35,000
Winter Garden Heritage Foundation I


PO Box 770657
Winter Garden,FL34777 		N/A PC Winter Garden Historical Educational Experiences 20,000
Old Skool Cafe


1429 Mendell St
San Francisco,CA94124 		N/A PC General Support 5,000
Buck Institute for Age Research


8001 Redwood Blvd
Novato,CA94945 		N/A PC UndergraduateSummerScholarsPrograminGeroscience 20,000
Paws for Purple Hearts


5860 Labath Ave
Rohnert Park,CA94928 		N/A PC Service Dog Training - Bay Area Site 25,000
Willowtail Springs Nature Preserve


PO Box 89
Mancos,CO81328 		N/A PC Native American Arts and Natural Sciences Residencies 30,000
Muttville


PO Box 410207
San Francisco,CA94141 		N/A PC Seniors for Seniors 25,000
Opera Orlando Inc


406 E Amelia Street
Orlando,FL32803 		N/A PC Frida Into the Community 30,000
Henry Nehrling Society


2267 Hempel Avenue
Gotha,FL34734 		N/A PC Continued Administrative Support to Achieve Programmatic Growth and Operational Efficiency at Nehrling Gardens 5,000
Orlando Health Foundation


3160 Southgate Commerce Blvd Suite
Orlando,FL32806 		N/A PC The Healing Tree 15,000
Gift of Swimming


205 Windermere Road
Winter Garden,FL34787 		N/A PC Healthy Kids Through Swimming 20,000
Little Sisters of the Assumption Fa


550 Dudley Street
Roxbury,MA02119 		N/A PC Learning from the Community 40,000
Central Christian Church


250 SW Ivanhoe Blvd
Orlando,FL32804 		N/A PC Increased communications, music ministry and advertising 55,500
Epic Outreach Inc


PO Box 77479
Jacksonville,FL32226 		N/A PC 2023 Building Efficiency for Growing Capacity 20,000
Old Skool Cafe


1429 Mendell St
San Francisco,CA94124 		N/A PC Dignity, Hope, & Purpose Through Hospitality Careers for At-Risk Youth 25,000
Foundation for Central Florida Tang


1262 Lake Francis Drive
Apopka,FL32712 		N/A PC CFTSD Opportunity Assistance 5,000
GlamourGals Foundation Inc


Po Box 20488
New York,NY10021 		N/A PC GG Ambassador Project 20,000
826NYC Inc


372 5th Ave
Brooklyn,NY11215 		N/A PC Write After School 15,000
Marin Society of Artists


1515 3rd St
San Rafael,CA94901 		N/A PC People of the Canal 20,000
The Miracle League of SF Peninsula


1175 N Lemon Ave
Menlo Park,CA94025 		N/A PC Fully Adaptive Field Amenities 25,000
Peer Health Exchange Inc


100 Webster Street Suite 300
Oakland,CA94607 		N/A PC Health Education for New York City's Youth 10,000
Safari West Wildlife Foundation


3115 Porter Creek Rd
Santa Rosa,CA95404 		N/A PC Safari West LIVE 5,000
San Francisco Ballet Association


455 Franklin Street
San Francisco,CA94102 		N/A PC San Francisco Ballet School Scholarships 30,000
SF Society for the Prevention of Cr


201 Alabama Street
San Francisco,CA94103 		N/A PC Mobile Vaccine Clinic 20,000
WildCare


76 Albert Park Lane
San Rafael,CA94901 		N/A PC Capital Campaign 50,000
Rollins Museum of Art


1000 Holt Avenue
Winter Park,FL32789 		N/A PC To increase the Museum's permanent collection 36,000
Rollins Museum of Art


1000 Holt Avenue
Winter Park,FL32789 		N/A PC To increase the Museum's permanent collection 142,000
Total .................................right arrow 3a 953,400
bApproved for future payment
GlamourGals Foundation Inc

Po Box 20488
New York,NY10021 		N/A PC GG Ambassador Project 10,000
Foundation for Central Florida Tang

1262 Lake Francis Drive
Apopka,FL32712 		N/A PC CFTSD Opportunity Assistance 5,000
Dr Phillips Center for the Performi

155 E Anderson St
Orlando,FL32801 		N/A PC STROKESTRA 5,000
Orlando Health Foundation

3160 Southgate Commerce Blvd Suite
Orlando,FL32806 		N/A PC The Healing Tree 7,500
WildCare

76 Albert Park Lane
San Rafael,CA94901 		N/A PC Capital Campaign 100,000
Total ................................. right arrow 3b 127,500
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 27  
4 Dividends and interest from securities ....     14 491,542  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 673,897  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPartnership Income 		900099 3,242 14 526  
bReturn of Capital     14 2,190  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 3,242 1,168,182  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,171,424
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID: 23017517
Software Version: 2023v5.1


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
Winifred Johnson Clive Foundation
EIN:
25-6277031
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting Fees 5,825 0 0 5,825

TY 2023 InvestmentsCorpBondsSchedule
Name:
Winifred Johnson Clive Foundation
EIN:
25-6277031
Software ID:
23017517
Software Version:
2023v5.1
Name of Bond End of Year Book Value End of Year Fair Market Value
Merck & Co, Due 02/10/25 322,701 322,701
WW Grainger Due 2/15/25 187,917 187,917
Booking Holdings Due 6/1/26 488,572 488,572
American Water Due 9/1/27 103,963 103,963
Howard University Due 10/1/27 321,564 321,564
Nike Inc Due 3/27/25 194,329 194,329
Booking Holdings Due 3/15/25 196,639 196,639
Southwestern Electric Due 10/1/26 235,246 235,246
Comcast Corp Due 1/15/27 460,198 460,198
Evernorth Health Due 3/1/27 96,037 96,037
Waste Management Due 11/15/27 95,738 95,738
US Bancorp 2.4% Due 7/30/24 196,551 196,551
Toyota Motor Cre 3.05% Due 1/11/28 238,421 238,421
BP Capital Mark 4.234% Due 11/6/28 199,527 199,527
Pfizer Inc. 6.6% Due 12/1/28 109,032 109,032
Toyota Motor Cre 4.45% Due 6/29/29 436,309 436,309
Stanley Black & Decker 6% 262,416 262,416
Conoco Phillips 6.95% Due 4/15/29 573,582 573,582
Edison Intl 2.85% Due 8/1/29 209,657 209,657
United Health Group 2% Due 5/15/30 216,091 216,091
Lockheed Martin 1.85% Due 6/15/30 399,687 399,687

TY 2023 InvestmentsCorpStockSchedule
Name:
Winifred Johnson Clive Foundation
EIN:
25-6277031
Software ID:
23017517
Software Version:
2023v5.1
Name of Stock End of Year Book Value End of Year Fair Market Value
Abbott Laboratories, 4,365 Sh 480,456 480,456
Verizon Communications, 8,750 Sh 329,875 329,875
Reliance Stl & Aluminum, 3,200 Sh 425,114 425,114
Fiserv Inc, 4,575 Sh 443,686 443,686
Simpson Manufacturing Co, 5,300 Sh 799,839 799,839
Amgen Inc, 2,315 Sh 666,766 666,766
Aptargroup Inc, 4,185 Sh 404,237 404,237
Blair Strip Steel, 5 Sh 31,000 31,000
Kimberly-Clark Corp 3,415 Sh 414,957 414,957
Microsoft Corp, 2,615 Sh 983,345 983,345
Thermo Fisher Scientific, 875 Sh 464,441 464,441
Johnson & Johnson, 2,780 Sh 435,737 435,737
Pepsico Inc, 4,000 Sh 419,505 419,505
Trimble Navigation LTD, 6,350 Sh 337,820 337,820
Accrued Dividend and Interest Income 55,346 55,346
Visa Inc, 2,560 Sh 584,486 584,486
Walt Disney Co, 3,450 Sh 311,501 311,501
Arthur J Gallagher & Co, 2,980 Sh 423,899 423,899
Charles Schwab Corp, 7,460 Sh 367,736 367,736
Duke Energy Corp, 4,070 Sh 295,972 295,972
Southern Co, 3,650 Sh 255,938 255,938
Starbucks, 5,130 Sh 396,521 396,521
Box Inc, 15,000 Sh 384,150 384,150
Corning Inc, 8,950 Sh 272,528 272,528
Abbvie Inc, 3,540 Sh 548,594 548,594
Alphabet Inc, 5,000 Sh 593,682 593,682
Amazon.com Inc, 3,360 Sh 510,518 510,518
Cisco Systems Inc, 8,460 Sh 427,399 427,399
Home Depot Inc 700sh 242,585 242,585
J M Smucker Co 2700sh 341,226 341,226
Kinder Morgan Inc 15,560 Sh 276,066 276,066
Shopify Inc 3985 Sh 310,432 310,432
Uber Technologies Inc, 4575 Sh 281,683 281,683
Workday Inc 1190 Sh 328,511 328,511

TY 2023 InvestmentsGovtObligationsSch
Name:
Winifred Johnson Clive Foundation
EIN:
25-6277031
Software ID:
23017517
Software Version:
2023v5.1
US Government Securities - End of Year Book Value:

682,843
US Government Securities - End of Year Fair Market Value:

682,843
State & Local Government Securities - End of Year Book Value:


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


 


TY 2023 InvestmentsOtherSchedule2
Name:
Winifred Johnson Clive Foundation
EIN:
25-6277031
Software ID:
23017517
Software Version:
2023v5.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Ishares MSCI, 5,930 Sh FMV 289,443 289,443
Crown Castle Inc, 3500 Sh FMV 403,165 403,165

TY 2023 LegalFeesSchedule
Name:
Winifred Johnson Clive Foundation
EIN:
25-6277031
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal Fees 6,199 0 0 6,199


TY 2023 OtherAssetsSchedule
Name:
Winifred Johnson Clive Foundation
EIN:
25-6277031
Software ID:
23017517
Software Version:
2023v5.1
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Art Work on Loan 162,650 37,900  


TY 2023 OtherDecreasesSchedule
Name:
Winifred Johnson Clive Foundation
EIN:
25-6277031
Software ID:
23017517
Software Version:
2023v5.1
Description Amount
Book Value - deaccession art work 8,750
Book Value - donated art work 116,000


TY 2023 OtherExpensesSchedule
Name:
Winifred Johnson Clive Foundation
EIN:
25-6277031
Software ID:
23017517
Software Version:
2023v5.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Filing Fees 125     125


TY 2023 OtherIncomeSchedule2
Name:
Winifred Johnson Clive Foundation
EIN:
25-6277031
Software ID:
23017517
Software Version:
2023v5.1
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Partnership Income 3,768 526  
Return of Capital 2,190    


TY 2023 OtherProfessionalFeesSchedule
Name:
Winifred Johnson Clive Foundation
EIN:
25-6277031
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Consultants - Art Apprasial 1,935 0 0 1,935
Grant Administration 116,085 0 0 116,085
Investment Fees 85,919 85,919 0 0


TY 2023 TaxesSchedule
Name:
Winifred Johnson Clive Foundation
EIN:
25-6277031
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise Tax 14,500