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
THE CHRIS AND MELODY MALACHOWSKY
FAMILY FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)635 CAMPBELL TECHNOLOGY PARKWAY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CAMPBELL, CA95008
A Employer identification number

01-0555028
B Telephone number (see instructions)

(650) 948-8859
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$440,565,496J 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      
4 Dividends and interest from securities... 1,230,570 1,227,887  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 12,758,463
b Gross sales price for all assets on line 6a 27,532,505
7 Capital gain net income (from Part IV, line 2)... 12,973,678
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
179,424 125,988  
12 Total. Add lines 1 through 11........ 14,168,457 14,327,553  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
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
797 0   797
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
57,620 8,629   48,991
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
249,530 7,400   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
181,525 154,460   400
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 489,472 170,489   50,188
25 Contributions, gifts, grants paid....... 5,590,082 5,624,082
26 Total expenses and disbursements. Add lines 24 and 25 6,079,554 170,489   5,674,270
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 8,088,903
b Net investment income (if negative, enter -0-) 14,157,064
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......... 1,846,137 392,828 409,293
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) 1,520,034 Click to see attachment
List of Attached Documents:
// Content
1,520,034 		1,397,280
b Investments—corporate stock (attach schedule)....... 6,909,673 Click to see attachment
List of Attached Documents:
// Content
12,062,694 		422,920,402
c Investments—corporate bonds (attach schedule)....... 4,732,634 Click to see attachment
List of Attached Documents:
// Content
8,682,634 		8,407,624
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).......... 6,986,820 Click to see attachment
List of Attached Documents:
// Content
7,430,897 		7,430,897
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
12,694 		Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 22,007,992 30,089,087 440,565,496
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 22,007,992 30,089,087
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)..... 22,007,992 30,089,087
30 Total liabilities and net assets/fund balances (see instructions). 22,007,992 30,089,087
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
22,007,992
2
Enter amount from Part I, line 27a .....................
2
8,088,903
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
30,096,895
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
7,808
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
30,089,087
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 PUBLICLY TRADED SECURITIES D 2001-11-01 2024-02-23
b PUBLICLY TRADED SECURITIES D 2001-11-01 2024-05-24
c PUBLICLY TRADED SECURITIES D 2001-11-01 2024-08-30
d PUBLICLY TRADED SECURITIES D 2001-11-01 2024-08-30
e PUBLICLY TRADED SECURITIES D 2001-11-01 2024-08-30
PUBLICLY TRADED SECURITIES D 2001-11-01 2024-11-22
US TREASURY P 2024-02-29 2024-10-31
US TREASURY P 2024-05-29 2024-10-31
US TREASURY P 2024-09-03 2024-10-31
MUTUAL FUNDS P 2023-08-09 2024-06-12
MUTUAL FUNDS P 2023-08-09 2024-09-03
MUTUAL FUNDS P 2024-02-29 2024-09-03
MUTUAL FUNDS P 2024-08-30 2024-12-09
MUTUAL FUNDS P 2024-11-22 2024-09-03
MUTUAL FUNDS P 2024-11-22 2024-12-09
CORPORATE BONDS P 2023-02-27 2024-09-03
CORPORATE BONDS P 2024-08-30 2024-09-03
FROM K-1 P 2024-01-01 2024-12-31
FROM K-1 P 2024-01-01 2024-12-31
SECTION 1231 FROM K-1 P 2024-01-01 2024-01-01
FROM K-1 P 2024-01-01 2024-12-31
FROM K-1 P 2023-01-01 2024-12-31
SECTION 1231 FROM K-1 P 2024-01-01 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 5,479,194     5,479,194
b 2,399,976     2,399,976
c 1,183,310     1,183,310
d 590,455     590,455
e 627,293     627,293
2,412,068     2,412,068
3,387,282   3,387,282 0
1,174,270   1,174,270 0
1,190,594   1,190,594 0
158,000   158,000 0
92,000   92,000 0
1,000,000   1,000,000 0
1,096,000   1,096,000 0
1,304,000   1,304,000 0
4,104,000   4,104,000 0
500,000   500,000 0
250,000   250,000 0
30,468   30,468 0
268,453   268,453 0
3,760   3,760 0
8,958     8,958
265,524     265,524
6,900     6,900
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       5,479,194
b       2,399,976
c       1,183,310
d       590,455
e       627,293
      2,412,068
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      8,958
      265,524
      6,900
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 12,973,678
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) 1 196,783
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........................... 3 196,783
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- ..... 5 196,783
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 172,507
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 8,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 180,507
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
8 714
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 16,990
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
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
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, DE
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 arrowCHRIS MALACHOWSKY Telephone no.right arrow (650) 948-8859

Located atright arrow635 CAMPBELL TECHNOLOGY PARKWAYCAMPBELLCA ZIP+4right arrow95008
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)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 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
CHRIS MALACHOWSKY PRES & DIRECTOR
1.00 		0 0 0
635 CAMPBELL TECHNOLOGY PARKWAY
CAMPBELL,CA95008
MELODY MALACHOWSKY SEC, TREAS & DIR
1.00 		0 0 0
635 CAMPBELL TECHNOLOGY PARKWAY
CAMPBELL,CA95008
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
MOSS ADAMS LLP AUDIT AND TAX SERVICES 55,745
999 THIRD AVENUE SUITE 2800
SEATTLE,WA981044057
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
359,072,390
b
Average of monthly cash balances.......................
1b
1,411,833
c
Fair market value of all other assets (see instructions)................
1c
7,430,897
d
Total (add lines 1a, b, and c).........................
1d
367,915,120
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
367,915,120
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
5,518,727
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
362,396,393
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
18,119,820
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
18,119,820
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
196,783
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
9,521
c
Add lines 2a and 2b............................
2c
206,304
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
17,913,516
4
Recoveries of amounts treated as qualifying distributions................
4
34,000
5
Add lines 3 and 4............................
5
17,947,516
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
17,947,516
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
5,674,270
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
5,674,270
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 17,947,516
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 5,360,942
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 5,674,270
a Applied to 2023, but not more than line 2a 5,360,942
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..... 313,328
e Remaining amount distributed out of corpus 0
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 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 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 .......... 		17,634,188
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) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
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).)
CHRIS MALACHOWSKY
MELODY MALACHOWSKY
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 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 (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

ABLEFLIGHT

91 OAK LEAF LN
CHAPEL HILL,NC27516 		N/A PC CHARITABLE 10,000

ABODE

40849 FREMONT BLVD
FREMONT,CA94538 		N/A PC CHARITABLE 100,000

ALS NETWORK

5950 CANOGA AVE STE 110
WOODLAND HILLS,CA91367 		N/A PC CHARITABLE 25,000

AMERICAN ACADEMY OF ARTS AND SCIENCES

136 IRVING STREET
CAMBRIDGE,MA02138 		N/A PC CHARITABLE 25,000

AMERICAN CIVIL LIBERTIES UNION FOUNDATION OF NORTHERN CALIFORNIA

39 DRUMM STREET
SAN FRANCISCO,CA94111 		N/A PC CHARITABLE 25,000

AMERICAN IMMIGRATION COUNCIL

1331 G STREET NW SUITE 200
WASHINGTON,DC20005 		N/A PC CHARITABLE 75,000

AMERICAN INDIAN COLLEGE FUND

8333 GREENWOOD BLVD
DENVER,CO80221 		N/A PC CHARITABLE 100,000

AMERICAN NURSES FOUNDATION

8515 GEORGIA AVENUE SUITE 400
SILVER SPRING,MD20910 		N/A PC CHARITABLE 30,000

AMERICAN PSYCHIATRIC ASSOCIATION FOUNDATION

800 MAINE AVE SW SUITE 900
WASHINGTON,DC20024 		N/A PC CHARITABLE 25,000

AMERICAN RIVERS INC

1101 14TH STREET NW SUITE 1400
WASHINGTON,DC20005 		N/A PC CHARITABLE 25,000

AMERICANS FOR IMMIGRANT JUSTICE

6355 NW 36TH ST STE 2201
VIRGINIA GARDENS,FL33166 		N/A PC CHARITABLE 50,000

AMERICAS KIDS BELONG

1151 EAGLE DRIVE 464
LOVELAND,CO80537 		N/A PC CHARITABLE 22,500

AMYLOIDOSIS SUPPORT GROUP INC

232 ORCHARD DR
WOOD DALE,IL60191 		N/A PC CHARITABLE 5,000

ANCHOR CENTER FOR BLIND

2550 ROSLYN STREET
DENVER,CO80238 		N/A PC CHARITABLE 30,000

ANIMAL PLACE

17314 MCCOURTNEY ROAD
GRASS VALLEY,CA95949 		N/A PC CHARITABLE 5,000

AOPA FOUNDATION

421 AVIATION WAY
FREDERICK,MD21701 		N/A PC CHARITABLE 50,000

ASPCA

520 EIGHTH AVENUE 7TH FLOOR
NEW YORK,NY10018 		N/A PC CHARITABLE 5,000

ASYLUM ACCESS

C/O PORT WORKSPACES 344 THOMAS L
BERKLEY WAY
OAKLAND,CA94612 		N/A PC CHARITABLE 5,000

BAY AREA COMMUNITY SERVICES INC

390 40TH STREET
OAKLAND,CA94609 		N/A PC CHARITABLE 75,000

BAY AREA RESCUE MISSION

PO BOX 1112
RICHMOND,CA948020112 		N/A PC CHARITABLE 22,500

BELOVED ASHEVILLE

PO BOX 6386
ASHEVILLE,NC28816 		N/A PC CHARITABLE 25,000

BEST FRIENDS ANIMAL SOCIETY

5001 ANGEL CANYON RD
KANAB,UT84741 		N/A PC CHARITABLE 50,000

BLUE STAR FAMILIES

441 SAXONY ROAD THE HIVE/BARN 2
ENCINITAS,CA92024 		N/A PC CHARITABLE 5,000

BOB BAKER MARIONETTE THEATER

4949 YORK BLVD
LOS ANGELES,CA90042 		N/A PC CHARITABLE 5,000

BRAIN & BEHAVIOR RESEARCH FOUNDATION

747 3RD AVE 33RD FLOOR
NEW YORK,NY10017 		N/A PC CHARITABLE 60,000

BUILDING FUTURES

1 ACORN ST
PROVIDENCE,RI02903 		N/A PC CHARITABLE 50,000

CA FIRE FOUNDATION

1780 CREEKSIDE OAKS DRIVE
SACRAMENTO,CA95833 		N/A PC CHARITABLE 25,000

CAL FIRE BENEVOLENT FOUNDATION

1731 J ST STE 100
SACRAMENTO,CA95811 		N/A PC CHARITABLE 22,500

CDF BENEVOLENT FOUNDATION

1731 J STREET SUITE 100
ATLANTA,GA30308 		N/A PC CHARITABLE 25,000

CENTER FOR BIOLOGICAL DIVERSITY INC

PO BOX 710
TUCSON,AZ85702 		N/A PC CHARITABLE 75,000

CENTER FOR CONSTITUTIONAL RIGHTS INC

666 BROADWAY
NEW YORK,NY10012 		N/A PC CHARITABLE 25,000

CENTER FOR REPRODUCTIVE RIGHTS

199 WATER STREET 22ND FLOOR
NEW YORK,NY10038 		N/A PC CHARITABLE 25,000

CHARITY NAVIGATOR

299 MARKET ST 250 SUITE 101
SADDLE BROOK,NJ07663 		N/A PC CHARITABLE 26,000

CHARITYSMITH NONPROFIT FOUNDATION

13100 FILLY LANE
TRUCKEE,CA96161 		N/A PC CHRISTOPHER MEADOWS MEMORIAL FUND 2,000

CLEAN AIR TASK FORCE

114 STATE STREET 6TH FLOOR
BOSTON,MA02109 		N/A PC CHARITABLE 150,000

COALITION TO ABOLISH SLAVERY AND TRAFFICKING

3580 WILSHIRE BLVD 900-37
LOS ANGELES,CA90010 		N/A PC CHARITABLE 25,000

COMMUNITY PARTNERS INTERNATIONAL

580 CALIFORNIA ST FL 16 STE 1658
SAN FRANCISCO,CA941041068 		N/A PC CHARITABLE 5,000

COMPTON JUNIOR EQUESTRIANS

463 W CALDWELL ST
COMPTON,CA90220 		N/A PC CHARITABLE 25,000

COMPUTER HISTORY MUSEUM

1401 N SHORELINE BOULEVARD
MOUNTAIN VIEW,CA94043 		N/A PC CHARITABLE 100,000

CORAL REEF ALLIANCE

548 MARKET ST SUITE 29802
SAN FRANCISCO,CA94104 		N/A PC CHARITABLE 40,000

COVENANT HOUSE CALIFORNIA

1325 N WESTERN AVENUE
LOS ANGELES,CA90027 		N/A PC CHARITABLE 25,000

CURE SMA

925 BUSSE ROAD
ELK GROVE VILLAGE,IL60007 		N/A PC CHARITABLE 25,000

DAV CHARITABLE SERVICE TRUST

860 DOLWICK DR
ERLANGER,KY41018 		N/A PC CHARITABLE 30,000

DOGS ON DEPLOYMENT

970 W VALLEY PARKWAY BOX 667
ESCONDIDO,CA92025 		N/A PC CHARITABLE 10,000

EARTHJUSTICE

50 CALIFORNIA STREET SUITE 500
SAN FRANCISCO,CA94111 		N/A PC CHARITABLE 150,000

EDUCATION FUND

228 PARK AVE S PMB 38268
NEW YORK,NY10003 		N/A PC CHARITABLE 60,000

ENVIRONMENTAL DEFENSE

1875 CONNECTICUT AVE NW SUITE 600
WASHINGTON,DC20009 		N/A PC CHARITABLE 25,000

EQUAL JUSTICE INITIATIVE

122 COMMERCE STREET
MONTGOMERY,AL36104 		N/A PC CHARITABLE 60,000

FAMILY SUPPORTIVE HOUSING INC

692 N KING ROAD
SAN JOSE,CA95133 		N/A PC CHARITABLE 22,500

FARMWORKER JUSTICE FUND INC

1126 16TH STREET NW SUITE LL-101
WASHINGTON,DC20036 		N/A PC CHARITABLE 25,000

FEEDING SAN DIEGO

9477 WAPLES ST STE 100
SAN DIEGO,CA92121 		N/A PC CHARITABLE 50,000

FIRST NATIONS DEVELOPMENT INSTITUTE

2432 MAIN STREET 2ND FLOOR
LONGMONT,CO80501 		N/A PC CHARITABLE 25,000

FOSTER CARE TO SUCCESS

23811 CHAGRIN BLVD SUITE 210
CLEVELAND,OH44122 		N/A PC CHARITABLE 22,500

GOODWILL OF SILICON VALLEY INC

1080 N 7TH ST
SAN JOSE,CA95112 		N/A PC CHARITABLE 20,000

GREATER LA ZOO ASSOCIATION

5333 ZOO DRIVE
LOS ANGELES,CA90027 		N/A PC CHARITABLE 50,000

GREY MUZZLE ORGANIZATION

14460 FALLS OF NEUSE RD SUITE
149-269
RALEIGH,NC27614 		N/A PC CHARITABLE 50,000

GUIDE DOGS FOR THE BLIND

PO BOX 151200
SAN RAFAEL,CA94915 		N/A PC CHARITABLE 30,000

GUY HARVEY FOUNDATION

757 SE 17TH ST SUITE 217
FORT LAUDERDALE,FL33316 		N/A PC CHARITABLE 5,000

HACK THE HOOD

2323 BROADWAY
OAKLAND,CA94612 		N/A PC CHARITABLE 10,000

HILLER AVIATION MUSEUM

601 SKYWAY RD
SAN CARLOS,CA94070 		N/A PC CHARITABLE 25,000

HOMEFIRST SERVICES OF SANTA CLARA COUNTY

507 VALLEY WAY
MILPITAS,CA95035 		N/A PC CHARITABLE 20,000

HOMEWARD BOUND OF MARIN

1385 N HAMILTON PARKWAY
NOVATO,CA94949 		N/A PC CHARITABLE 22,500

HOPE FOR CHINA DOGS RESCUE

458 N DOHNEY DR PO BOX 69126
WEST HOLLYWOOD,CA90048 		N/A PC CHARITABLE 25,000

HOUSING MATTERS

115B CORAL ST
SANTA CRUZ,CA95060 		N/A PC CHARITABLE 22,500

HUMAN RIGHTS FOUNDATION

350 FIFTH AVENUE SUITE 4202
NEW YORK,NY10118 		N/A PC CHARITABLE 25,000

HUMANITY FOR HORSES

PO BOX 1510
MOUNT SHASTA,CA96067 		N/A PC CHARITABLE 20,000

HENRY E HUNTINGTON LIBRARY AND ART GALLERY

1151 OXFORD ROAD
SAN MARINO,CA91108 		N/A PC CHARITABLE 5,000

INNER-CITY ARTS

720 KOHLER STREET
LOS ANGELES,CA90021 		N/A PC CHARITABLE 26,000

INSTITUTE FOR FREE SPEECH

1150 CONNECTICUT AVE NW SUITE 801
WASHINGTON,DC20036 		N/A PC CHARITABLE 25,000

INTERNATIONAL CULTIC STUDIES ASSOCIATION INC

PO BOX 2265
BONITA SPRINGS,FL34133 		N/A PC CHARITABLE 25,000

INTERNATIONAL RESCUE COMMITTEE

122 E 42ND ST
NEW YORK,NY10168 		N/A PC CHARITABLE 100,000

IRANIAN AMERICAN WOMEN FOUNDATION

19200 VON KARMAN -365
IRVINE,CA92612 		N/A PC CHARITABLE 25,000

JAIL GUITAR DOORS

PO BOX 46115
LOS ANGELES,CA90046 		N/A PC CHARITABLE 15,000

JAIL GUITAR DOORS USA

PO BOX 46115
LOS ANGELES,CA90046 		N/A PC CHARITABLE 15,000

JASON FOUNDATION

18 VOLUNTEER DR
HENDERSONVILLE,TN37075 		N/A PC CHARITABLE 60,000

KQED INC

2601 MARIPOSA ST
SAN FRANCISCO,CA94110 		N/A PC CHARITABLE 1,000

LOS ALTOS EDUCATIONAL FOUNDATION

201 COVINGTON RD
LOS ALTOS,CA94024 		N/A PC ART DOCENT PROGRAM 7,500

LAST PRISONER PROJECT

1312 1TH ST STE 640
DENVER,CO80202 		N/A PC CHARITABLE 50,000

LEADERSHIP CONFERENCE EDUCATION FUND INC

1620 L STREET NW SUITE 1100
WASHINGTON,DC20036 		N/A PC CHARITABLE 25,000

LOAVES & FISHES FAMILY KITCHEN

1500 BERGER DRIVE
SAN JOSE,CA95112 		N/A PC CHARITABLE 5,000

MUSEUM ASSOCIATES

5905 WILSHIRE BLVD
LOS ANGELES,CA90036 		N/A PC CHARITABLE 5,000

LOS ANGELES EDUCATION PARTNERSHIP

1541 WILSHIRE BLVD SUITE 200
LOS ANGELES,CA90017 		N/A PC CHARITABLE 25,000

MARCH FOR OUR LIVES FOUNDATION

PO BOX 3417
NEW YORK,NY10008 		N/A PC CHARITABLE 50,000

MARTHAS KITCHEN

PO BOX 1561
ST ALBANS,VT05478 		N/A PC CHARITABLE 5,000

MAUI FOOD BANK

760 KOLU STREET
WAILUKU,HI96793 		N/A PC CHARITABLE 10,000

MAUI HUMANE SOCIETY

PO BOX 1047
PUUNENE,HI96784 		N/A PC CHARITABLE 10,000

MAUI PONO FOUNDATION

2800 PALALANI ST
MAKAWAO,HI96768 		N/A PC CHARITABLE 3,000

HAWAII COMMUNITY FOUNDATION

827 FORT STREET MAIL
HONOLULU,HI96813 		N/A PC MAUI STRONG FUND 50,000

MEALS ON WHEELS AMERICA

1550 CRYSTAL DRIVE SUITE 1004
ARLINGTON,VA22202 		N/A PC CHARITABLE 30,000

MILPITAS FOOD PANTRY

1440 S MAIN ST
MILPITAS,CA95035 		N/A PC CHARITABLE 20,000

MONTEREY BAY AQUARIUM

886 CANNERY ROW
MONTEREY,CA93940 		N/A PC CHARITABLE 30,000

MUSEUM OF CONTEMPORARY ART

250 S GRAND AVE
LOS ANGELES,CA90012 		N/A PC CHARITABLE 5,000

NATIONAL ALLIANCE ON MENTAL ILLNESS

3803 N FAIRFAX DRIVE SUITE 100
ARLINGTON,VA22203 		N/A PC CHARITABLE 90,000

NATIONAL HISTORY MUSEUM

900 EXPOSITION BLVD
LOS ANGELES,CA90007 		N/A PC CHARITABLE 5,000

NATIONAL HOSPICE FOUNDATION

1707 L STREET NW SUITE 220
WASHINGTON,DC20036 		N/A PC CHARITABLE 30,000

NATIONAL IMMIGRATION FORUM

50 F STREET SUITE 300
WASHINGTON,DC20001 		N/A PC CHARITABLE 25,000

NATIONAL INSTITUTE OF REPRODUCTIVE HEALTH INC

14 WALL STREET SUITE 3B
NEW YORK,NY10005 		N/A PC CHARITABLE 60,000

NATIONAL NETWORK OF ABORTION FUNDS

1521 POLAND AVE
NEW ORLEANS,LA70177 		N/A PC CHARITABLE 35,000

NATIONAL PARK FOUNDATION

1110 VERMONT AVENUE NW SUITE 200
WASHINGTON,DC20005 		N/A PC CHARITABLE 25,000

NATIONAL VETERANS FOUNDATION

5777 W CENTURY BLVD STE 350
LOS ANGELES,CA90045 		N/A PC CHARITABLE 10,000

NATIONAL WOMEN'S LAW CENTER

11 DUPONT CIRCLE NW STE 800
WASHINGTON,DC20036 		N/A PC CHARITABLE 25,000

NDN COLLECTIVE INC

408 KNOLLWOOD DR
RAPID CITY,SD57701 		N/A PC CHARITABLE 180,000

NEXT DOOR SOLUTIONS

234 E GISH ROAD SUITE 200
SAN JOSE,CA95112 		N/A PC CHARITABLE 20,000

NOURISH CALIFORNIA

1736 FRANKLIN ST STE 550
OAKLAND,CA94612 		N/A PC CHARITABLE 39,000

NURSE-FAMILY PARTNERSHIP

1801 CALIFORNIA ST STE 2400
DENVER,CO80202 		N/A PC CHARITABLE 60,000

SILICON VALLEY COMMUNITY FOUNDATION

2788 SAN TOMAS EXPRESSWAY
SANTA CLARA,CA95051 		N/A PC CHARITABLE 50,000

OAKLAND PROMISE

484 9TH ST
OAKLAND,CA94607 		N/A PC CHARITABLE 50,000

OCEAN CONSERVANCY

1300 19TH STREET NW 8TH FLOOR
WASHINGTON,DC20036 		N/A PC CHARITABLE 25,000

OCEAN DISCOVERY INSITUTION

4255 THORN STREET
SAN DIEGO,CA92105 		N/A PC CHARITABLE 25,000

OPPORTUNITY JUNCTION INC

3102 DELTA FAIR BLVD
ANTIOCH,CA94509 		N/A PC CHARITABLE 22,500

OUR CHILDREN'S TRUST

PO BOX 5181
EUGENE,OR97405 		N/A PC CHARITABLE 30,000

PS ARTS

6701 CENTER DRIVE W SUITE 550
LOS ANGELES,CA90045 		N/A PC CHARITABLE 25,000

PALESTINE CHILDRENS RELIEF FUND

360 E 2ND ST STE 710
BURBANK,CA90086 		N/A PC CHARITABLE 100,000

PANCREATIC CANCER ACTION NETWORK INC

1500 ROSECRANS AVENUE SUITE 200
MANHATTAN BEACH,CA90266 		N/A PC CHARITABLE 20,000

PARKINSON'S FOUNDATION INC

1359 BROADWAY SUITE 1509
NEW YORK,NY10018 		N/A PC CHARITABLE 25,000

PEN AMERICA

120 BROADWAY FL 26
NEW YORK CITY,NY10271 		N/A PC CHARITABLE 20,000

PETS IN NEED

3281 E BAYSHORE ROAD
PALO ALTO,CA94303 		N/A PC CHARITABLE 16,500

PETSMART CHARITIES

19601 N 27TH AVENUE
PHOENIX,AZ85027 		N/A PC CHARITABLE 50,000

PFLAG NATIONAL

1625 K STREET NW SUITE 700
WASHINGTON,DC20006 		N/A PC CHARITABLE 60,000

PLANNED PARENTHOOD

1691 THE ALAMEDA
SAN JOSE,CA95126 		N/A PC CHARITABLE 115,000

PLASTIC OCEAN PROJECT

5598 MARVIN MOSS LANE 2009
WILMINGTON,NC28409 		N/A PC CHARITABLE 25,000

POLARIS

PO BOX 65323
WASHINGTON,DC20035 		N/A PC CHARITABLE 25,000

POLICYLINK

1438 WEBSTER STREET SUITE 303
OAKLAND,CA94612 		N/A PC CHARITABLE 25,000

POSTPARTUM SUPPORT INTERNATIONAL

6706 SE 54TH AVE
PORTLAND,OR97219 		N/A PC CHARITABLE 60,000

PREECLAMPSIA FOUNDATION

3840 W EAU GALLIE BLVD STE 104
MELBOURNE,FL32934 		N/A PC CHARITABLE 60,000

PREVENT CHILD ABUSE AMERICA

228 SOUTH WABASH AVENUE 10TH FLOOR
CHICAGO,IL60604 		N/A PC CHARITABLE 22,500

PRIDE FOUNDATION

2014 EAST MADISON STREET SUITE 300
SEATTLE,WA98122 		N/A PC CHARITABLE 25,000

PROLITERACY WORLDWIDE

101 WYOMING STREET
SYRACUSE,NY13204 		N/A PC CHARITABLE 25,000

PUENTE LEARNING CENTER

501 S BOYLE AVE
LOS ANGELES,CA90033 		N/A PC CHARITABLE 5,000

RAINFOREST TRUST

PO BOX 841
WARRENTON,VA20188 		N/A PC CHARITABLE 10,000

READING IS FUNDAMENTAL

750 FIRST STREET NE SUITE 920
WASHINGTON,DC20002 		N/A PC CHARITABLE 25,000

REFUGEES INTERNATIONAL

PO BOX 33036
WASHINGTON,DC20033 		N/A PC CHARITABLE 50,000

ROOM TO READ

465 CALIFORNIA STREET SUITE 1000
SAN FRANCISCO,CA94104 		N/A PC CHARITABLE 5,000

SAN DIEGO HUMANE SOCIETY

5480 GAINES STREET
SAN DIEGO,CA92110 		N/A PC CHARITABLE 25,000

SAN DIEGO ZOO GLOBAL

2920 ZOO DRIVE
SAN DIEGO,CA92101 		N/A PC CHARITABLE 25,000

SANTA CRUZ COUNTY ANIMAL SHELTER FOUNDATION

2200 7TH AVENUE
SANTA CRUZ,CA95062 		N/A PC CHARITABLE 2,000

SANTA CRUZ GIVES

1740 17TH AVE
SANTA CRUZ,CA95062 		N/A PC CHARITABLE 50,000

SCHOOL ON WHEELS INC

PO BOX 23371
VENTURA,CA93002 		N/A PC CHARITABLE 22,500

SECOND HARVEST FOOD BANK

750 CURTNER AVENUE
SAN JOSE,CA95125 		N/A PC CHARITABLE 150,000

SOUTHERN CALIFORNIA PUBLIC RADIO

474 SOUTH RAYMOND AVENUE
PASADENA,CA91105 		N/A PC CHARITABLE 5,000

STORY OF STUFF PROJECT

1442 A WALNUT STREET SUITE 272
BERKELEY,CA94709 		N/A PC CATALOGCHOICE 1,000

SUNRISE MOVEMENT EDUCATION FUND

712 H ST NE UNIT 626
WASHINGTON,DC20002 		N/A PC CHARITABLE 75,000

SUPPORT THE ENLISTED PROJECT

9915 BUSINESSPARK AVE SUITE A
SAN DIEGO,CA92131 		N/A PC CHARITABLE 5,000

THE BRIGID ALLIANCE

PO BOX 58 PLANETARIUM STATION
NEW YORK,NY10024 		N/A PC CHARITABLE 50,000

THE MR HOLLAND'S OPUS FOUNDATION

2550 N HOLLYWOOD WAY 302
BURBANK,CA91505 		N/A PC CHARITABLE 50,000

THE OCEAN FOUNDATION

1320 19TH STREET NW 5TH FLOOR
WASHINGTON,DC20036 		N/A PC CHARITABLE 40,000

THE SENTENCING PROJECT

1150 CONNECTICUT AVE NW SUITE 601
WASHINGTON,DC20036 		N/A PC CHARITABLE 25,000

SILICON VALLEY COMMUNITY FOUNDATION

2788 SAN TOMAS EXPRESSWAY
SANTA CLARA,CA95051 		N/A PC THE SKOLL FUND 20,000

THE SOUTHERN POVERTY LAW CENTER

PO BOX 548
MONTGOMERY,AL36101 		N/A PC CHARITABLE 100,000

THE TREVOR PROJECT

PO BOX 69232
WEST HOLLYWOOD,CA90069 		N/A PC CHARITABLE 60,000

TOYS FOR TOTS FOUNDATION

18251 QUANTICO GATEWAY DRIVE
TRIANGLE,VA22172 		N/A PC CHARITABLE 10,000

UCSF BENIOFF CHILDRENS HOSPITAL FOUNDATION

1111 FRANKLIN ST FL 9
OAKLAND,CA94607 		N/A PC CHARITABLE 20,000

UNIVERSITY OF FLORIDA FOUNDATION INC

PO BOX 14425
GAINESVILLE,FL32604 		N/A PC CHARITABLE 55,000

UNICEF USA

125 MAIDEN LANE
NEW YORK,NY10038 		N/A PC CHARITABLE 40,000

UNITED THROUGH READING

1455 FRAZEE RD SUITE 500
SAN DIEGO,CA92108 		N/A PC CHARITABLE 5,000

UPWARDLY GLOBAL

505 8TH AVENUE SUITE 1704
NEW YORK,NY10018 		N/A PC CHARITABLE 5,000

URGENT ACTION FUND

660 13TH STREET SUITE 200
OAKLAND,CA94612 		N/A PC CHARITABLE 25,000

UNITED WAYS OF FLORIDA INC

307 E 7TH AVE
TALLAHASSEE,FL32303 		N/A PC DISASTER RELIEF FUND 50,000

VALLEY HUMANE SOCIETY INC

PO BOX 10480
CASA GRANDE,AZ85193 		N/A PC CHARITABLE 25,000

WIKIMEDIA FOUNDATION

PO BOX 98204
WASHINGTON,DC20090 		N/A PC CHARITABLE 35,000

WILDAID

333 PINE STREET SUITE 300
SAN FRANCISCO,CA94104 		N/A PC CHARITABLE 25,000

WOMAN INC

26 BOARDMAN PLACE
SAN FRANCISCO,CA94103 		N/A PC CHARITABLE 20,000

WORLD CENTRAL KITCHEN

200 MASSACHUSETTS AVE NW 7TH FLOOR
WASHINGTON,DC20001 		N/A PC CHARITABLE 25,000

YELLOWHAMMER FUND

PO BOX 610250
BIRMINGHAM,AL35261 		N/A PC CHARITABLE 20,000

FROM MAKENA CAPITAL ASSOCIATES K-1

2755 SAND HILL ROAD SUITE 200
MENLO PARK,CA94025 		N/A PC CHARITABLE 82
Total .................................right arrow 3a 5,624,082
bApproved for future payment
Total ................................. right arrow 3b 0
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 ........... 		         
4 Dividends and interest from securities .... 525990 2,482 14 1,228,088  
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 ..... 525990 27,596 18 151,828  
8 Gain or (loss) from sales of assets other than
inventory ............ 		525990 21,299 18 12,737,164  
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) .. 51,377 14,117,080 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
14,168,457
(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:
THE CHRIS AND MELODY MALACHOWSKY
 
FAMILY FOUNDATION
EIN:
01-0555028
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MOSS ADAMS LLP 57,620 8,629   48,991

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE CHRIS AND MELODY MALACHOWSKY
 
FAMILY FOUNDATION
EIN:
01-0555028
Name of Bond End of Year Book Value End of Year Fair Market Value
WELLS FARGO & CO MEDIUM TERM NOTE 500,000 495,790
GENERAL MOTORS FINI CO MEDIUM TERM NOTE 500,000 496,940
VERIZON COMMUNICATIONS MEDIUM TERM NOTE 500,000 481,980
DOW CHEMICAL CO/THE MEDIUM TERM NOTE 500,000 471,240
ALLY FINANCIAL INC 500,000 483,600
APPLE INC 493,752 487,855
WELLS FARGO & CO MEDIUM TERM NOTE 500,000 477,380
LOCKHEED MARTIN CORP 241,815 230,813
HOME DEPOT INC 247,067 227,605
WELLS FARGO & CO 1,050,000 1,052,363
GOLDMAN SACHS GRP INC 700,000 689,584
CITIGROUP INC 1,000,000 955,000
JPMORGAN CHASE FINANCIAL 250,000 233,015
FORD MOTOR CREDIT CO LLC 500,000 484,470
US BANCORP 250,000 240,473
FORD MOTOR CREDIT CO LLC 200,000 200,066
JPMORGAN CHASE FINANCIAL 750,000 699,450

TY 2024 InvestmentsCorpStockSchedule
Name:
THE CHRIS AND MELODY MALACHOWSKY
 
FAMILY FOUNDATION
EIN:
01-0555028
Name of Stock End of Year Book Value End of Year Fair Market Value
NVIDIA CORP 2,068,119 414,230,934
TPG RE FINANCE TR 737,474 504,050
BLACKSTONE SECURED LENDING FD 726,656 726,975
ANGEL OAK MORTGAGE 709,238 392,563
BLACKSTONE MORTGAGE TRUST 722,842 398,689
KKR REAL ESTATE FINANCE 726,338 345,420
STARWOOD PROPERTY TR INC 732,492 562,815
GOLDMAN SACHS TR 1,304,000 0
GOLDMAN SACHS TR 1,870,000 3,174,000
VANGUARD DIVIDEND ETF 1,260,105 1,370,810
VANGUARD DIVIDEND ETF 1,205,430 1,214,146

TY 2024 InvestmentsGovtObligationsSch
Name:
THE CHRIS AND MELODY MALACHOWSKY
 
FAMILY FOUNDATION
EIN:
01-0555028
US Government Securities - End of Year Book Value:

1,520,034
US Government Securities - End of Year Fair Market Value:

1,397,280
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2024 InvestmentsOtherSchedule2
Name:
THE CHRIS AND MELODY MALACHOWSKY
 
FAMILY FOUNDATION
EIN:
01-0555028
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MAKENA CAPITAL ASSOCIATES (U.S.), L.P. FMV 7,430,897 7,430,897

TY 2024 LegalFeesSchedule
Name:
THE CHRIS AND MELODY MALACHOWSKY
 
FAMILY FOUNDATION
EIN:
01-0555028
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 797 0   797


TY 2024 OtherAssetsSchedule
Name:
THE CHRIS AND MELODY MALACHOWSKY
 
FAMILY FOUNDATION
EIN:
01-0555028
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ACCRUED INTEREST 12,694    


TY 2024 OtherDecreasesSchedule
Name:
THE CHRIS AND MELODY MALACHOWSKY
 
FAMILY FOUNDATION
EIN:
01-0555028
Description Amount
UNREALIZED APPRECIATION ON INVESTMENTS (FROM K-1) 7,808


TY 2024 OtherExpensesSchedule
Name:
THE CHRIS AND MELODY MALACHOWSKY
 
FAMILY FOUNDATION
EIN:
01-0555028
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FILING FEES 400 0   400
SECTION 592E DEDUCTIONS FROM K-1 27,052 2,224   0
OTHER DEDUCTIONS FROM K-1 20,344 20,344   0
PORTFOLIO DEDUCTIONS FROM K-1 114,498 114,498   0
INVESTMENT INTEREST EXPENSE FROM K-1 18,355 17,360   0
NON-DEDUCTIBLE EXPENSES FROM K-1 842 0   0
SUBSCRIPTIONS 34 34   0


TY 2024 OtherIncomeSchedule2
Name:
THE CHRIS AND MELODY MALACHOWSKY
 
FAMILY FOUNDATION
EIN:
01-0555028
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
CANCELLATION OF DEBT 1,234 1,234 1,234
ROYALTY INCOME 3,350 3,350 3,350
NON-PASSIVE INCOME FROM K-1 174,840 121,404 174,840


TY 2024 TaxesSchedule
Name:
THE CHRIS AND MELODY MALACHOWSKY
 
FAMILY FOUNDATION
EIN:
01-0555028
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 7,417 7,400   0
FEDERAL TAXES 242,113 0   0