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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
SAND HILL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)3000 SAND HILL ROAD 4-130
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MENLO PARK, CA94025
A Employer identification number

94-3219107
B Telephone number (see instructions)

(650) 854-9310
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$92,857,846J 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 84,863 84,863  
4 Dividends and interest from securities... 3,140,744 3,140,744  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,183,086
b Gross sales price for all assets on line 6a 39,875,125
7 Capital gain net income (from Part IV, line 2)... 1,183,086
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
199,154 199,154  
12 Total. Add lines 1 through 11........ 4,607,847 4,607,847  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 262,000 0   235,800
14 Other employee salaries and wages...... 12,706 0   12,706
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
47,375 0   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,050,480 286,517   663,963
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
152,202 0   15,614
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
6,257 0  
20 Occupancy.............. 111,242 0   112,153
21 Travel, conferences, and meetings....... 51,883 0   49,527
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
359,411 284,587   55,929
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,053,556 571,104   1,145,692
25 Contributions, gifts, grants paid....... 9,228,033 10,925,000
26 Total expenses and disbursements. Add lines 24 and 25 11,281,589 571,104   12,070,692
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -6,673,742
b Net investment income (if negative, enter -0-) 4,036,743
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 34,435    
3 Accounts receivable right arrow84,777
Less: allowance for doubtful accounts right arrow   46,694 84,777 84,777
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 87,588 43,793 43,793
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 86,695,689 Click to see attachment
List of Attached Documents:
// Content
80,488,640 		80,488,640
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).......... 9,859,793 Click to see attachment
List of Attached Documents:
// Content
12,051,015 		12,051,015
14 Land, buildings, and equipment: basis right arrow160,174
Less: accumulated depreciation (attach schedule) right arrow104,623 76,471 Click to see attachment
List of Attached Documents:
// Content
55,551 		55,551
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
420,306 		Click to see attachment
List of Attached Documents:
// Content
134,070 		Click to see attachment
List of Attached Documents:
// Content
134,070
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 97,220,976 92,857,846 92,857,846
Liabilities 17 Accounts payable and accrued expenses.......... 49,131 48,053
18 Grants payable................. 5,205,843 3,508,875
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
934,695 		Click to see attachment
List of Attached Documents:
// Content
470,642
23 Total liabilities (add lines 17 through 22)......... 6,189,669 4,027,570
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........... 91,031,307 88,830,276
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)..... 91,031,307 88,830,276
30 Total liabilities and net assets/fund balances (see instructions). 97,220,976 92,857,846
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
91,031,307
2
Enter amount from Part I, line 27a .....................
2
-6,673,742
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
4,472,711
4
Add lines 1, 2, and 3 ..........................
4
88,830,276
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
88,830,276
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a JPMORGAN #4007 - CAPITAL GAIN DISTRIBUTIONS P 2023-12-31 2024-12-31
b JPMORGAN #4007 - ST COVERED P 2024-01-01 2024-12-31
c JPMORGAN #4007 - LT COVERED P 2023-12-31 2024-12-31
d PASSTHROUGH LOSS FROM LEGACY VENTURE V (QP), LLC P 2024-01-01 2024-12-31
e PASSTHROUGH GAIN FROM LEGACY VENTURE V (QP), LLC P 2023-12-31 2024-12-31
PASSTHROUGH GAIN FROM THE RISE FUND III, LP P 2023-12-31 2024-12-31
PASSTHROUGH GAIN FROM TPG RISE CLIMATE DE AIV I, LP P 2023-12-31 2024-12-31
PASSTHROUGH GAIN FROM TPG RISE CLIMATE, LP P 2024-12-31 2024-12-31
PASSTHROUGH GAIN FROM LEGACY VENTURE XI, LLC P 2024-01-01 2024-12-31
PASSTHROUGH GAIN FROM LEGACY VENTURE XI, LLC P 2023-12-31 2024-12-31
PASSTHROUGH GAIN FROM CIM ENTERPRISE LOAN FUND, LP P 2023-12-31 2024-12-31
PASSTHROUGH GAIN FROM THE RISE FUND (B), LP P 2024-01-01 2024-12-31
PASSTHROUGH GAIN FROM THE RISE FUND (B), LP P 2023-12-31 2024-12-31
PASSTHROUGH LOSS FROM IMPACT VENTURES IV, LP P 2023-12-31 2024-12-31
PASSTHROUGH GAIN FROM LEGACY VENTURE VII, LLC P 2024-01-01 2024-12-31
PASSTHROUGH GAIN FROM LEGACY VENTURE VII, LLC P 2023-12-31 2024-12-31
PASSTHROUGH LOSS FROM FIFTH WALL EARLY STAGE CLIMATE TECHNOLOGY FUND, LP P 2023-12-31 2024-12-31
PASSTHROUGH LOSS FROM WINDSAIL CREDIT QP FUND, LP P 2023-12-31 2024-12-31
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 775,959     775,959
b 15,569,693   15,009,153 560,540
c 23,179,982   23,634,896 -454,914
d     17 -17
e 5,645     5,645
9     9
53,462     53,462
40     40
1     1
818     818
62     62
1     1
50,913     50,913
    204 -204
664     664
237,876     237,876
    749 -749
    47,020 -47,020
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       775,959
b       560,540
c       -454,914
d       -17
e       5,645
      9
      53,462
      40
      1
      818
      62
      1
      50,913
      -204
      664
      237,876
      -749
      -47,020
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 1,183,086
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 56,111
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 56,111
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 56,111
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 80,900
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 80,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 160,900
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 104,789
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow104,789 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowSUSAN FORD DORSEY Telephone no.right arrow (650) 854-9310

Located atright arrow3000 SAND HILL ROAD 4-130MENLO PARKCA ZIP+4right arrow94025
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, 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 (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
SUSAN FORD DORSEY PRESIDENT
40.00 		262,000 0 0
3000 SAND HILL ROAD 4-130
MENLO PARK,CA94025
SUSAN LOCKWOOD VICE PRESIDENT
1.00 		0 0 0
3000 SAND HILL ROAD 4-130
MENLO PARK,CA94025
MICHAEL DORSEY TREASURER
1.00 		0 0 0
3000 SAND HILL ROAD 4-130
MENLO PARK,CA94025
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
PACIFIC FOUNDATION SERVICES PHILANTHROPIC MANAGEMENT 569,470
1660 BUSH STREET
SAN FRANCISCO,CA94109
JP MORGAN CHASE BANK NA INVESTMENT ADVISOR 286,517
2029 CENTURY PARK EAST 39TH FLOOR
LOS ANGELES,CA90067
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
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
76,003,664
b
Average of monthly cash balances.......................
1b
871,442
c
Fair market value of all other assets (see instructions)................
1c
18,722,360
d
Total (add lines 1a, b, and c).........................
1d
95,597,466
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
95,597,466
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,433,962
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
94,163,504
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,708,175
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
4,708,175
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
56,111
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
56,111
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,652,064
4
Recoveries of amounts treated as qualifying distributions................
4
191,286
5
Add lines 3 and 4............................
5
4,843,350
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
4,843,350
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
12,070,692
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
12,070,692
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 4,843,350
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 1,998,100
b From 2020...... 7,624,730
c From 2021...... 423,428
d From 2022...... 1,589,129
e From 2023...... 2,080,588
f Total of lines 3a through e ........ 13,715,975
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 12,070,692
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 4,843,350
e Remaining amount distributed out of corpus 7,227,342
5 Excess distributions carryover applied to 2024. 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 20,943,317
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		1,998,100
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		18,945,217
10 Analysis of line 9:
a Excess from 2020.... 7,624,730
b Excess from 2021.... 423,428
c Excess from 2022.... 1,589,129
d Excess from 2023.... 2,080,588
e Excess from 2024.... 7,227,342
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
SUSAN FORD DORSEY
3000 SAND HILL ROAD 1-120
MENLO PARK,CA94025
(650) 854-9310
bThe form in which applications should be submitted and information and materials they should include:
INCLUDE VERIFICATION OF IRC 501(C)(3) STATUS, ACTIVITIES, REFERENCES
cAny submission deadlines:
REVOLVING
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
PUBLIC CHARITIES
Form 990-PF (2024)
Form 990-PF (2024)
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

ABODE SERVICES

40849 FREMONT BLVD
FREMONT,CA94538 		  PUBLIC CHARITY HALF MOON BAY FAMILIES 40,000

ADOLESCENT COUNSELING SERVICES

1779 WOODSIDE ROAD SUITE 200
REDWOOD CITY,CA94061 		  PUBLIC CHARITY MENTAL HEALTH ACCESS FOR YOUTH INITIATIVE 70,000

ALZHEIMER'S ASSOCIATION

NATIONAL OFFICE 225 N MICHIGAN AVE
FL 17
CHICAGO,IL60601 		  PUBLIC CHARITY PART THE CLOUD 10,000

ANYTHING IS EVERYTHING

268 BUSH STREET 2800
SAN FRANCISCO,CA94104 		  PUBLIC CHARITY GENERAL SUPPORT 7,500

BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY

ARRILLAGA ALUMNI CENTER 326 GALVEZ
STREET
STANFORD,CA94305 		  PUBLIC CHARITY SUSAN FORD DORSEY FAMILY DONOR ADVISED FUND 1,000,000

BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY

ARRILLAGA ALUMNI CENTER 326 GALVEZ
STREET
STANFORD,CA94305 		  PUBLIC CHARITY STANFORD WOMEN'S CANCER CENTER 25,000

BOYS & GIRLS CLUB OF THE COASTSIDE

PO BOX 545
HALF MOON BAY,CA94019 		  PUBLIC CHARITY COLLEGE ACCESS AND COMPLETION PILOT PROGRAM 50,000

BOYS & GIRLS CLUBS OF THE PENINSULA

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

CALMATTERS

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

CANOPY

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

CHICANA FOUNDATION OF NORTHERN CALIFORNIA

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

CHILDREN'S HEALTH COUNCIL INC

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

CHILDREN'S HEALTH COUNCIL INC

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

CHILDREN'S HEALTH COUNCIL INC

650 CLARK WAY
PALO ALTO,CA94304 		  PUBLIC CHARITY TEAM WELLNESS GRANT 8,500

CITIZEN FILM INC

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

CITY OF REDWOOD CITY

1017 MIDDLEFIELD ROAD
REDWOOD CITY,CA94063 		  CITY GOVERNMENT FOR THE CHARITABLE PURPOSE OF REDWOOD CITY TOGETHER 500

CLIMATE RESILIENT COMMUNITIES

3921 E BAYSHORE RD
PALO ALTO,CA94303 		  PUBLIC CHARITY GENERAL SUPPORT 75,000

COASTAL QUEST

2625 ALCATRAZ AVE 609
BERKELEY,CA94705 		  PUBLIC CHARITY FOR THE CHARITABLE PURPOSE OF RISE SOUTH CITY'S CLIMATE RESILIENCE THROUGH COMMUNITY LEADERSHIP 60,000

COMMUNITY LEGAL SERVICES IN EAST PALO ALTO

1861 BAY ROAD
EAST PALO ALTO,CA94303 		  PUBLIC CHARITY COASTSIDE LEGAL SERVICES 50,000

CORA COMMUNITY OVERCOMING RELATIONSHIP ABUSE

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

COUNSELING AND SUPPORT SERVICES FOR YOUTH

544 VALLEY WAY
MILPITAS,CA95035 		  PUBLIC CHARITY SCHOOL BASED MENTAL HEALTH COUNSELING FOR RAVENSWOOD CITY SCHOOL DISTRICT AND NORTH FAIR OAKS 60,000

COURT APPOINTED SPECIAL ADVOCATES (CASA) OF SAN MATEO COUNTY

SOBRATO CENTER FOR NONPROFITS 330
TWIN DOLPHIN DRIVE SUITE 139
REDWOOD CITY,CA94065 		  PUBLIC CHARITY MENTAL HEALTH AND ACADEMIC SUPPORT PROGRAMS 45,000

DALY CITY PENINSULA PARTNERSHIP COLLABORATIVE

725 PRICE STREET
DALY CITY,CA94014 		  PUBLIC CHARITY TEAM WELLNESS GRANT 8,500

DESERT COMMUNITY FOUNDATION

75 - 105 MERLE DRIVE SUITE 300
PALM DESERT,CA92211 		  PUBLIC CHARITY THE RESERVE EMPLOYEE SCHOLARSHIP FUND 10,000

EAST PALO ALTO ACADEMY FOUNDATION

PO BOX 50803
PALO ALTO,CA94303 		  PUBLIC CHARITY PROMOTING STUDENT MENTAL HEALTH AND COMMUNITY WELLNESS 25,000

EAST PALO ALTO TENNIS & TUTORING

PO BOX 60597
PALO ALTO,CA94306 		  PUBLIC CHARITY EPATT COLLEGE AND CAREER READINESS CENTER 50,000

EAST PALO ALTO YOUTH ARTS & MUSIC CENTER

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

EASTSIDE COLLEGE PREPARATORY SCHOOL

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

EASTSIDE COLLEGE PREPARATORY SCHOOL

1041 MYRTLE STREET
EAST PALO ALTO,CA94303 		  PUBLIC CHARITY GENERAL SUPPORT 5,000

EL CONCILIO OF SAN MATEO COUNTY

3180 MIDDLEFIELD ROAD
REDWOOD CITY,CA94063 		  PUBLIC CHARITY NORTH SAN MATEO COUNTY EXPANSION 60,000

ENVIRONMENTAL DEFENSE FUND INCORPORATED

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

ENVIRONMENTAL DEFENSE FUND INCORPORATED

257 PARK AVENUE SOUTH
NEW YORK,NY10010 		  PUBLIC CHARITY GENERAL SUPPORT 250,000

ENVIRONMENTAL GRANTMAKERS ASSOCIATION

475 RIVERSIDE DRIVE
NEW YORK,NY10115 		  PUBLIC CHARITY BLUE SKY FUNDERS FORUM MEMBERSHIP 5,500

ENVIRONMENTAL GRANTMAKERS ASSOCIATION

475 RIVERSIDE DRIVE
NEW YORK,NY10115 		  PUBLIC CHARITY BLUE SKY FUNDERS FORUM 10,000

FACING HISTORY & OURSELVES INC

89 SOUTH STREET SUITE 401
BOSTON,MA02111 		  PUBLIC CHARITY GENERAL SUPPORT 5,000

FAITH IN ACTION BAY AREA

1780 BROADWAY
REDWOOD CITY,CA94063 		  PUBLIC CHARITY DALY CITY TENANT RIGHTS PROJECT 60,000

FAMILIAS TOMANDO ACCION - FAMILIES TAKING ACTION

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

FOUNDATION FOR REGIONAL TRANSIT

3921 E BAYSHORE RD
PALO ALTO,CA94303 		  PUBLIC CHARITY FOR THE CHARITABLE PURPOSE OF MENLO TOGETHER'S EQUITABLE, SUSTAINABLE TRANSIT PROGRAM FOR SAN MATEO COUNTY 25,000

FRIENDS FOR YOUTH INC

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

FRIENDS FOR YOUTH INC

3460 W BAYSHORE RD SUITE 203
PALO ALTO,CA94303 		  PUBLIC CHARITY TEAM WELLNESS GRANT 8,500

GLIDE FOUNDATION

330 ELLIS STREET 4TH FLOOR
SAN FRANCISCO,CA94102 		  PUBLIC CHARITY GENERAL SUPPORT 12,000

GRANTMAKERS FOR EDUCATION

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

GREEN FOOTHILLS FOUNDATION

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

HUMAN INVESTMENT PROJECT INC

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

INNOVATE PUBLIC SCHOOLS

1400 PARKMOOR AVE STE 240
SAN JOSE,CA95126 		  PUBLIC CHARITY GENERAL SUPPORT 500

JEFFERSON UNION HIGH SCHOOL DISTRICT

123 EDGEMONT DRIVE BUILDING A
DALY CITY,CA94015 		  GOVERNMENT FOR THE CHARITABLE PURPOSE OF DALY CITY YOUTH HEALTH CENTER'S CAPACITY BUILDING FOR BEHAVIORAL HEALTH SERVICES 50,000

JEFFERSON UNION HIGH SCHOOL DISTRICT

123 EDGEMONT DRIVE BUILDING A
DALY CITY,CA94015 		  GOVERNMENT FOR THE CHARITABLE PURPOSE OF DALY CITY YOUTH HEALTH CENTER 75,000

JEFFERSON UNION HIGH SCHOOL DISTRICT

123 EDGEMONT DRIVE BUILDING A
DALY CITY,CA94015 		  GOVERNMENT FOR THE CHARITABLE PURPOSE OF DALY CITY YOUTH HEALTH CENTER'S NORTH COUNTY WELLNESS PARTNERSHIP COLLABORATIVE 200,000

JOBTRAIN INC

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

JONSSON CANCER CENTER FOUNDATION - UCLA

8-950 FACTOR BUILDING BOX 951780
LOS ANGELES,CA90095 		  PUBLIC CHARITY OVARIAN CANCER RESEARCH UNDER THE DIRECTION OF DR. GOTTFRIED KONECNY 50,000

JUSTICE OUTSIDE

1624 FRANKLIN ST SUITE 520
OAKLAND,CA94612 		  PUBLIC CHARITY GENERAL SUPPORT 2,500

KARA

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

KARA

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

LEAGUE TO SAVE LAKE TAHOE

2877 LAKE TAHOE BOULEVARD
SOUTH LAKE TAHOE,CA96150 		  PUBLIC CHARITY KEEP TAHOE BLUE PROGRAMS 20,000

LEGAL AID SOCIETY OF SAN MATEO COUNTY

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

LIFEMOVES

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

LUCILE PACKARD FOUNDATION FOR CHILDREN'S HEALTH

400 HAMILTON AVE SUITE 340
PALO ALTO,CA94301 		  PUBLIC CHARITY ENDOWMENT FOR OBSTETRICIAN IN CHIEF 5,000,000

LUCILE PACKARD FOUNDATION FOR CHILDREN'S HEALTH

400 HAMILTON AVE SUITE 340
PALO ALTO,CA94301 		  PUBLIC CHARITY GENERAL SUPPORT 1,000

LUCILE PACKARD FOUNDATION FOR CHILDREN'S HEALTH

400 HAMILTON AVE SUITE 340
PALO ALTO,CA94301 		  PUBLIC CHARITY GENERAL SUPPORT 40,000

MINDFUL PHILANTHROPY

120 S 21ST ST 503
PHILADELPHIA,PA19103 		  PUBLIC CHARITY MENTAL HEALTH ROAD SHOW SPONSORSHIP 5,000

MISSION ASSET FUND

3269 MISSION STREET
SAN FRANCISCO,CA94110 		  PUBLIC CHARITY GENERAL SUPPORT 5,000

MONTEREY BAY AQUARIUM FOUNDATION

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

NORTHERN CALIFORNIA GRANTMAKERS

160 SPEAR STREET SUITE 360
SAN FRANCISCO,CA94105 		  PUBLIC CHARITY ENVIRONMENTAL EDUCATION FUNDERS COLLABORATIVE 16,300

NORTHERN CALIFORNIA GRANTMAKERS

160 SPEAR STREET SUITE 360
SAN FRANCISCO,CA94105 		  PUBLIC CHARITY ENVIRONMENTAL EDUCATION FUNDERS COLLABORATIVE 16,300

NUESTRA CASA DE EAST PALO ALTO

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

ONE LIFE COUNSELING CENTER

1303 SAN CARLOS AVE
SAN CARLOS,CA94070 		  PUBLIC CHARITY GENERAL SUPPORT FOR MENTAL HEALTH ACCESS & EARLY INTERVENTION FOR AT-RISK YOUTH 70,000

OPEN GOAL PROJECT

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

OPEN ROADS ACADEMY INC

1223 WILSHIRE BLVD SUITE 351
SANTA MONICA,CA90403 		  PUBLIC CHARITY GENERAL SUPPORT 3,000

PAL CENTER

3399 BAY ROAD
REDWOOD CITY,CA94063 		  PUBLIC CHARITY GENERAL SUPPORT 5,000

PENINSULA BRIDGE PROGRAM

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

PENINSULA COLLEGE FUND

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

PENINSULA CONFLICT RESOLUTION CENTER

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

PIE RANCH

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

PRESBYTERIAN CHURCH USA

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

PRESBYTERIAN CHURCH USA

1106 ALAMEDA DE LAS PULGAS
SAN CARLOS,CA94070 		  PUBLIC CHARITY GENERAL SUPPORT 2,500

PUENTE DE LA COSTA SUR

PO BOX 554 620 NORTH STREET
PESCADERO,CA94060 		  PUBLIC CHARITY GENERAL SUPPORT 85,000

REBUILDING TOGETHER PENINSULA

841 KAYNYNE STREET
REDWOOD CITY,CA94063 		  PUBLIC CHARITY SAFE AT HOME 50,000

RENAISSANCE ENTREPRENEURSHIP CENTER

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

RIEKES CENTER FOR HUMAN ENHANCEMENT

3455 EDISON WAY
MENLO PARK,CA94025 		  PUBLIC CHARITY GENERAL SUPPORT 11,000

SAN BRUNO MOUNTAIN WATCH

PO BOX 53
BRISBANE,CA94005 		  PUBLIC CHARITY PROMOTING HEALING ON SAN BRUNO MOUNTAIN: OFFERING OPPORTUNITIES FOR THE INTERNAL RESTORATION OF VULNERABLE COMMUNITIES AND A QUARRY 40,000

SAN MATEO COUNTY HEALTH FOUNDATION

222 WEST 39TH AVENUE
SAN MATEO,CA94403 		  PUBLIC CHARITY HEALING OUR HEALTHCARE HEROES 40,000

SAN MATEO COUNTY OFFICE OF EDUCATION

101 TWIN DOLPHIN DRIVE
REDWOOD CITY,CA94065 		  GOVERNMENT YEEE! SOUTH SAN FRANCISCO PILOT PROGRAM 20,000

SAVE THE BAY

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

SECOND HARVEST OF SILICON VALLEY

4001 N FIRST ST
SAN JOSE,CA95134 		  PUBLIC CHARITY CAPITAL CAMPAIGN 40,000

SECOND HARVEST OF SILICON VALLEY

4001 N FIRST ST
SAN JOSE,CA95134 		  PUBLIC CHARITY GENERAL SUPPORT 12,000

SILICON VALLEY COMMUNITY FOUNDATION

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

SILICON VALLEY SOCIAL VENTURE FUND

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

SING FOR AMERICA FOUNDATION

462 BUENA VISTA AVE E
SAN FRANCISCO,CA94117 		  PUBLIC CHARITY GENERAL SUPPORT 1,250

STARVISTA

818 MAHLER ROAD
BURLINGAME,CA94010 		  PUBLIC CHARITY GENERAL SUPPORT 25,000

TEN STRANDS

PO BOX 150869
SAN RAFAEL,CA94915 		  PUBLIC CHARITY ENVIRONMENTAL SOLUTIONARY TEACHER FELLOWSHIP 10.0 55,000

THRIVE ALLIANCE

REDWOOD SHORES 330 TWIN DOLPHIN
DRIVE STE 155
REDWOOD CITY,CA94065 		  PUBLIC CHARITY CLIMATE SUMMIT FOR SAN MATEO COUNTY 5,000

THRIVE ALLIANCE

REDWOOD SHORES 330 TWIN DOLPHIN
DRIVE STE 155
REDWOOD CITY,CA94065 		  PUBLIC CHARITY UNITED FOR YOUTH VISION 2030 NONPROFIT ENGAGEMENT 50,000

UPWARD SCHOLARS

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

UPWARD SCHOLARS

855 JEFFERSON AVE BOX 506
REDWOOD CITY,CA94064 		  PUBLIC CHARITY GENERAL SUPPORT 500

UPWARD SCHOLARS

855 JEFFERSON AVE BOX 506
REDWOOD CITY,CA94064 		  PUBLIC CHARITY UPWARD SCHOLARS STRATEGIC PLANNING 36,000

VIDA VERDE NATURE EDUCATION

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

VILLAGES OF SAN MATEO COUNTY

PO BOX 813
SAN CARLOS,CA94070 		  PUBLIC CHARITY GENERAL SUPPORT 2,500

WITHALL

5354 PARKDALE DRIVE
SAINT LOUIS PARK,MN55416 		  PUBLIC CHARITY GENERAL SUPPORT 12,000

YOUNG MUSICIANS CHORAL ORCHESTRA

2020 MILVIA ST SUITE 420 4TH FLOOR
BERKELEY,CA94704 		  PUBLIC CHARITY GENERAL SUPPORT 1,250
Total .................................right arrow 3a 10,925,000
bApproved for future payment

ABODE SERVICES
40849 FREMONT BLVD
FREMONT,CA94538 		  PUBLIC CHARITY HALF MOON BAY FAMILIES 40,000

ADOLESCENT COUNSELING SERVICES
1779 WOODSIDE ROAD SUITE 200
REDWOOD CITY,CA94061 		  PUBLIC CHARITY MENTAL HEALTH ACCESS FOR YOUTH INITIATIVE 70,000

BOYS & GIRLS CLUB OF THE COASTSIDE
PO BOX 545
HALF MOON BAY,CA94019 		  PUBLIC CHARITY COLLEGE ACCESS AND COMPLETION PILOT PROGRAM 50,000

CLIMATE RESILIENT COMMUNITIES
3921 E BAYSHORE RD
PALO ALTO,CA94303 		  PUBLIC CHARITY GENERAL SUPPORT 75,000

CORA COMMUNITY OVERCOMING RELATIONSHIP ABUSE
2211 PALM AVE
SAN MATEO,CA94403 		  PUBLIC CHARITY FAMILY CENTERED MENTAL HEALTH PROGRAM 40,000

COUNSELING AND SUPPORT SERVICES FOR YOUTH
544 VALLEY WAY
MILPITAS,CA95035 		  PUBLIC CHARITY SCHOOL BASED MENTAL HEALTH COUNSELING FOR RAVENSWOOD CITY SCHOOL DISTRICT AND NORTH FAIR OAKS 60,000

COURT APPOINTED SPECIAL ADVOCATES (CASA) OF SAN MATEO COUNTY
SOBRATO CENTER FOR NONPROFITS 330
TWIN DOLPHIN DRIVE SUITE 139
REDWOOD CITY,CA94065 		  PUBLIC CHARITY MENTAL HEALTH AND ACADEMIC SUPPORT PROGRAMS 45,000

EAST PALO ALTO TENNIS & TUTORING
PO BOX 60597
PALO ALTO,CA94306 		  PUBLIC CHARITY EPATT COLLEGE AND CAREER READINESS CENTER 50,000

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

JEFFERSON UNION HIGH SCHOOL DISTRICT
123 EDGEMONT DRIVE BUILDING A
DALY CITY,CA94015 		  GOVERNMENT DALY CITY YOUTH HEALTH CENTER - GENERAL SUPPORT 75,000

JOBTRAIN INC
1200 O BRIEN DRIVE
MENLO PARK,CA94025 		  PUBLIC CHARITY GENERAL SUPPORT 100,000

ONE LIFE COUNSELING CENTER
1303 SAN CARLOS AVE
SAN CARLOS,CA94070 		  PUBLIC CHARITY GENERAL SUPPORT FOR MENTAL HEALTH ACCESS & EARLY INTERVENTION FOR AT-RISK YOUTH 70,000

PUENTE DE LA COSTA SUR
PO BOX 554 620 NORTH STREET
PESCADERO,CA94060 		  PUBLIC CHARITY GENERAL SUPPORT 85,000

REBUILDING TOGETHER PENINSULA
841 KAYNYNE STREET
REDWOOD CITY,CA94063 		  PUBLIC CHARITY SAFE AT HOME 50,000

SAN BRUNO MOUNTAIN WATCH
PO BOX 53
BRISBANE,CA94005 		  PUBLIC CHARITY PROMOTING HEALING ON SAN BRUNO MOUNTAIN: OFFERING OPPORTUNITIES FOR THE INTERNAL RESTORATION OF VULNERABLE COMMUNITIES AND A QUARRY 40,000
Total ................................. right arrow 3b 900,000
Form 990-PF (2024)
Form 990-PF (2024)
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 84,863  
4 Dividends and interest from securities ....     14 3,140,744  
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 .....     14 199,154  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,183,086  
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 4,607,847 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,607,847
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 47,375 0   0

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

TY 2024 DepreciationSchedule
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
FURNITURE 1999-03-07 5,700 5,700 SL 7.000000000000 0 0    
FURNITURE 1999-02-27 700 700 SL 7.000000000000 0 0    
COMPUTER EQUIPMENT 2003-04-10 5,267 5,267 SL 5.000000000000 0 0    
SCANNER 2004-02-24 879 879 SL 5.000000000000 0 0    
COMPUTER 2004-09-28 1,813 1,813 SL 5.000000000000 0 0    
COMPUTER 2004-11-02 956 956 SL 5.000000000000 0 0    
LAPTOP 2006-01-12 4,769 4,769 SL 5.000000000000 0 0    
TOUGHBOOK-NETWORK 2006-04-06 3,480 3,480 SL 5.000000000000 0 0    
TOUGHBOOK-NETWORK 2006-08-03 2,975 2,975 SL 5.000000000000 0 0    
MAPLE CABINET 2007-12-20 2,911 2,911 SL 7.000000000000 0 0    
COMPUTER 2008-04-11 1,039 1,039 SL 3.000000000000 0 0    
SYMANTAC-NETWORK 2008-01-10 7,874 7,874 SL 3.000000000000 0 0    
COMPUTER 2008-12-31 1,910 1,910 SL 3.000000000000 0 0    
2 CHAIRS 2010-08-04 2,165 2,165 SL 7.000000000000 0 0    
COMPUTER 2011-12-31 870 870 SL 3.000000000000 0 0    
FURNITURE 2016-07-01 32,150 32,150 SL 7.000000000000 0 0    
FURNITURE 2019-12-31 7,240 4,136 SL 7.000000000000 1,034 0    
LEASEHOLD IMPROVEMENTS 2020-02-06 23,514 6,141 SL 15.000000000000 1,568 0    
LEASEHOLD IMPROVEMENTS 2020-05-28 42,990 10,270 SL 15.000000000000 2,866 0    
LEASEHOLD IMPROVEMENTS 2020-07-07 9,056 2,114 SL 15.000000000000 604 0    
LAPTOP 2022-12-01 1,293 200 SL 7.000000000000 185 0    

TY 2024 InvestmentsCorpStockSchedule
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Name of Stock End of Year Book Value End of Year Fair Market Value
JP MORGAN - "A" MMKT A/C 622,650 622,650
JPM "Q" PRIME MM 81 81
JPM "A" EQUITIES 41,521,546 41,521,546
JPM "A" FIXED INCOME 29,430,001 29,430,001
JPM "A ALTERNATIVES 8,914,362 8,914,362

TY 2024 InvestmentsOtherSchedule2
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
LEGACY VENTURE V (QP), LP FMV 356,443 356,443
LEGACY VENTURE VII, LLC FMV 2,160,381 2,160,381
LEGACY VENTURE XI, LLC FMV 238,157 238,157
HCAP PARTNERS V, LP FMV 369,063 369,063
AVANATH AFFORDABLE HOUSING RENAISSANCE FUND, LP FMV 487,474 487,474
WINDSAIL CREDIT QP FUND, LP FMV 299,016 299,016
IMPACT VENTURES IV, LP FMV 113,296 113,296
MEADOWLARK LANDS I, LP FMV 443,333 443,333
GREENBACKER RENEWABLE ENERGY COMPANY II, LLC FMV 283,999 283,999
FIFTH WALL EARLY-STAGE CLIMATE TECH FUND, LP FMV 145,503 145,503
THE RISE FUND (B), LP FMV 2,289,338 2,289,338
GENERATE CAPITAL, INC FMV 759,824 759,824
GENERATION IM SUSTAINABLE SOLUTIONS FMV 473,956 473,956
ASTANOR VENTURES II FMV 182,349 182,349
KIMPACT EVERGREEN RE FMV 451,664 451,664
CLEAN GROWTH FEEDER FUND IV FMV 363,434 363,434
NEC FUND VI FMV 264,992 264,992
SHARED X LLC FMV 193,934 193,934
LENDABLE SPC FMV 508,179 508,179
CIM ENTERPRISE LOAN FUND FMV 537,151 537,151
ROSE AFFORDABLE HOUSING/SMART GROWTH INV FMV 124,294 124,294
DIRT CAPITAL PARTNERS 2023, LLC FMV 341,625 341,625
GEF US CLIMATE SOLUTIONS II FEEDER, LP FMV 628,987 628,987
GENERATE STRATEGIC CREDIT FUND I FMV 34,623 34,623

TY 2024 LandEtcSchedule2
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
FURNITURE 5,700 5,700 0  
FURNITURE 700 700 0  
COMPUTER EQUIPMENT 5,267 5,267 0  
SCANNER 879 879 0  
COMPUTER 1,813 1,813 0  
COMPUTER 956 956 0  
LAPTOP 4,769 4,769 0  
TOUGHBOOK-NETWORK 3,480 3,480 0  
TOUGHBOOK-NETWORK 2,975 2,975 0  
MAPLE CABINET 2,911 2,911 0  
COMPUTER 1,039 1,039 0  
SYMANTAC-NETWORK 7,874 7,874 0  
COMPUTER 1,910 1,910 0  
2 CHAIRS 2,165 2,165 0  
COMPUTER 870 870 0  
FURNITURE 32,150 32,150 0  
FURNITURE 7,240 5,170 2,070  
LEASEHOLD IMPROVEMENTS 23,514 7,709 15,805  
LEASEHOLD IMPROVEMENTS 42,990 13,136 29,854  
LEASEHOLD IMPROVEMENTS 9,056 2,718 6,338  
LAPTOP 1,293 385 908  


TY 2024 OtherAssetsSchedule
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
SECURITY DEPOSIT 7,080 7,080 7,080
CAPITALIZED LEASE 114,235 19,285 19,285
CA REBUILDING FUND, LLC PROGRAM RELATED INVESTMENT 298,991 107,705 107,705


TY 2024 OtherExpensesSchedule
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUTOMOBILE EXPENSES 12,314 0   0
BANK FEES 2,405 2,405   0
CELLULAR, PHONE AND INTERNET 4,760 0   4,760
DUES AND SUBSCRIPTIONS 15 0   170
INSURANCE 651 0   651
IT AND COMPUTER SUPPORT FEES 4,245 0   4,245
MEALS AND ENTERTAINMENT EXPENSE 6,792 0   4,474
OFFICE SUPPLIES 4,221 0   0
PASSTHROUGH EXPENSES FROM FIFTH WALL EARLY STAGE CLIMATE TECHNOLOGY FUND 6,565 6,565   0
PASSTHROUGH EXPENSES FROM HCAP PARTNERS V 36,834 36,834   0
PASSTHROUGH EXPENSES FROM IMPACT VENTURES IV 5,632 5,632   0
PASSTHROUGH EXPENSES FROM LEGACY V 2,635 2,635   0
PASSTHROUGH EXPENSES FROM LEGACY VENTURES XI 13,079 13,079   0
PASSTHROUGH EXPENSES FROM LEGACY VII 21,111 21,111   0
PASSTHROUGH EXPENSES FROM NEC FUND VI (OFFSHORE), LP 4,263 4,263   0
PASSTHROUGH EXPENSES FROM MEADOWLARK LANDS I 9,496 9,496   0
PASSTHROUGH EXPENSES FROM KIMPACT EVERGREEN REAL ESTATE INVESTMENT FUND 3,209 3,209   0
PASSTHROUGH EXPENSES FROM THE RISE FUND (B), LP 12,013 12,013   0
PASSTHROUGH EXPENSES FROM THE RISE FUND AIRSTREAM AIV 31 31   0
PASSTHROUGH EXPENSES FROM THE RISE FUND AIV I 88 88   0
PASSTHROUGH EXPENSES FROM THE RISE FUND CARTHAGE AIV II 34 34   0
PASSTHROUGH EXPENSES FROM THE RISE FUND DE AIV I 72 72   0
PASSTHROUGH EXPENSES FROM THE RISE FUND III 35,532 35,532   0
PASSTHROUGH EXPENSES FROM THE RISE FUND III CAYFIR AIV I-B 16 16   0
PASSTHROUGH EXPENSES FROM THE RISE FUND III CAYMAN AIV I 299 299   0
PASSTHROUGH EXPENSES FROM THE RISE FUND III DE AIV I 12 12   0
PASSTHROUGH EXPENSES FROM THE RISE FUND III FIRPTA AIV II 130 130   0
PASSTHROUGH EXPENSES FROM TPG RISE CLIMATE 24,531 24,531   0
PASSTHROUGH EXPENSES FROM TPG RISE CLIMATE CAYFIR AIV I-B 65 65   0
PASSTHROUGH EXPENSES FROM TPG RISE CLIMATE CAYMAN AIV I 18 18   0
PASSTHROUGH EXPENSES FROM TPG RISE CLIMATE DE AIV I 24 24   0
PASSTHROUGH EXPENSES FROM ASTANOR VENTURES II SCSP 12,715 12,715   0
PASSTHROUGH EXPENSES FROM TPG RISE CLIMATE FIRPTA AIV II 469 469   0
PASSTHROUGH EXPENSES FROM CIM ENTERPRISE LOAN FUND, LP 85 85   0
PASSTHROUGH EXPENSES FROM ROSE AFFORDABLE HOUSING PRESERVATION FUND VI REIT 160 160   0
PASSTHROUGH EXPENSES FROM GENERATE STRATEGIC CREDIT FUND I, LP 329 329   0
PAYROLL FEES 1,423 0   1,423
POSTAGE 204 0   207
WEBSITE EXPENSES 39,969 0   39,969
MISCELLANEOUS EXPENSE 30 0   30
ORDINARY LOSS FROM SHARES SPV-C LLC 14,443 14,443   0
ORDINARY LOSS FROM AVANATH AFFORDABLE HOUSING RENAISSANCE FUND, LP 2,991 2,991   0
ORDINARY LOSS FROM KIMPACT EVERGREEN REAL ESTATE INVESTMENT FUND 26,016 26,016   0
ORDINARY LOSS FROM ASTANOR VENTURES II SCSP 183 183   0
RENTAL LOSS FROM DIRT CAPITAL PARTNERS 2023 LLC 22,558 22,558   0
IMPAIRMENT LOSS 24,760 24,760   0
LOSS ON DISPOSAL OF ASSET 1,782 1,782   0
RENTAL LOSS FROM ROSE AFFORDABLE HOUSING PRESERVATION FUND IV REIT, LP 2 2   0
FILING FEE 200 0   0


TY 2024 OtherIncomeSchedule2
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME FROM LEGACY VENTURE V (QP), LLC 723 723 723
OTHER INCOME FROM LEGACY VENTURE VII, LLC 160,289 160,289 160,289
OTHER INCOME FROM THE RISE FUND (B), LP 616 616 616
OTHER INCOME FROM THE RISE FUND AIV I 4,211 4,211 4,211
OTHER INCOME FROM LEGACY VENTURES XI, LLC 1 1 1
ORDINARY INCOME FROM WINDSAIL CREDIT QP FUND, LP 796 796 796
OTHER INCOME FROM THE RISE FUND III, LP 12 12 12
OTHER INCOME FROM TPG RISE CLIMATE CAYMAN AIV I, LP 653 653 653
OTHER INCOME FROM CIM ENTERPRISE LOAN FUND, LP 29,818 29,818 29,818
OTHER INCOME FROM TPG RISE CLIMATE, LP 808 808 808
ORDINARY INCOME FROM HCAP PARTNERS V, LP 407 407 407
OTHER INCOME FROM THE RISE FUND III CAYMAN AIV I, LP 820 820 820


TY 2024 OtherIncreasesSchedule
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Description Amount
BOOK-TAX INCREASE/DECREASE 4,472,711


TY 2024 OtherLiabilitiesSchedule
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED TAX LIABILITY 216,000 283,429
DUE TO FINANCIAL INSTITUTION 604,460 167,928
LEASE LIABILITY 114,235 19,285


TY 2024 OtherProfessionalFeesSchedule
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 286,517 286,517   0
PROFESSIONAL FEES - OTHER 763,963 0   663,963


TY 2024 TaxesSchedule
Name:
SAND HILL FOUNDATION
EIN:
94-3219107
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 15,507 0   15,614
EXCISE TAX 69,266 0   0
DEFERRED TAX 67,429 0   0