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 JOSEPH AND VERA LONG FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)500 YGNACIO VALLEY ROAD 330
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WALNUT CREEK, CA94596
A Employer identification number

94-1643626
B Telephone number (see instructions)

(925) 935-4138
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$122,424,232J 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 544,115 544,115  
4 Dividends and interest from securities... 3,799,393 3,799,393  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,873,890
b Gross sales price for all assets on line 6a 22,754,049
7 Capital gain net income (from Part IV, line 2)... 4,873,890
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
1,983 1,983  
12 Total. Add lines 1 through 11........ 9,219,381 9,219,381  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 209,466 14,663   194,803
14 Other employee salaries and wages...... 61,311 6,131   55,180
15 Pension plans, employee benefits....... 5,220 740   4,480
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
690 0   690
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
32,956 16,478   16,478
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
138,439 138,439   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
197,576 1,387   16,389
19 Depreciation (attach schedule) and depletion... 1,071 0  
20 Occupancy.............. 50,731 3,958   46,773
21 Travel, conferences, and meetings....... 6,677 0   6,677
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
26,127 1,684   24,443
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 730,264 183,480   365,913
25 Contributions, gifts, grants paid....... 3,129,046 5,169,599
26 Total expenses and disbursements. Add lines 24 and 25 3,859,310 183,480   5,535,512
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 5,360,071
b Net investment income (if negative, enter -0-) 9,035,901
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......... 3,213,966 473,168 473,168
3 Accounts receivable right arrow10,803
Less: allowance for doubtful accounts right arrow   31,801 10,803 10,803
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.......... 5,351 5,351 5,351
10a Investments—U.S. and state government obligations (attach schedule) 3,334,797 Click to see attachment
List of Attached Documents:
// Content
1,673,666 		1,673,666
b Investments—corporate stock (attach schedule)....... 87,631,805 Click to see attachment
List of Attached Documents:
// Content
99,825,579 		99,825,579
c Investments—corporate bonds (attach schedule)....... 20,905,923 Click to see attachment
List of Attached Documents:
// Content
20,408,157 		20,408,157
11 Investments—land, buildings, and equipment: basis right arrow14,940
Less: accumulated depreciation (attach schedule) right arrow9,596 2,920 5,344 5,344
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 23,592 Click to see attachment
List of Attached Documents:
// Content
22,164 		22,164
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
50,222 		Click to see attachment
List of Attached Documents:
// Content
124,395 		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) 115,200,377 122,548,627 122,424,232
Liabilities 17 Accounts payable and accrued expenses.......... 20,471 24,169
18 Grants payable................. 5,210,996 3,170,443
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
372,015 		Click to see attachment
List of Attached Documents:
// Content
500,388
23 Total liabilities (add lines 17 through 22)......... 5,603,482 3,695,000
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........... 109,596,895 118,853,627
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)..... 109,596,895 118,853,627
30 Total liabilities and net assets/fund balances (see instructions). 115,200,377 122,548,627
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
109,596,895
2
Enter amount from Part I, line 27a .....................
2
5,360,071
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
3,896,661
4
Add lines 1, 2, and 3 ..........................
4
118,853,627
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
118,853,627
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      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 22,754,049   17,880,159 4,873,890
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       4,873,890
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 4,873,890
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) 1 125,599
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........................... 3 125,599
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- ..... 5 125,599
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 126,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 126,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 401
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow401 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 arrowWWW.JVLF.ORG
14
The books are in care ofright arrowHEATHER HONEGGER Telephone no.right arrow (925) 935-4138

Located atright arrow500 YGNACIO VALLEY ROAD SUITE 330WALNUT CREEKCA ZIP+4right arrow94596
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
LANI MACKENZIE TRUSTEE
0.50 		0 0 0
500 YGNACIO VALLEY ROADSUITE 330
WALNUT CREEK,CA94596
LISA PIEDISCALZI TRUSTEE
0.50 		0 0 0
500 YGNACIO VALLEY ROADSUITE 330
WALNUT CREEK,CA94596
MICHELLE HOLSTEIN TREASURER
0.50 		0 0 0
500 YGNACIO VALLEY ROADSUITE 330
WALNUT CREEK,CA94596
MILTON E LONG EXECUTIVE DIRECTOR
32.00 		168,000 41,466 0
500 YGNACIO VALLEY ROADSUITE 330
WALNUT CREEK,CA94596
NAN L GEFEN SECRETARY
0.50 		0 0 0
500 YGNACIO VALLEY ROADSUITE 330
WALNUT CREEK,CA94596
NICHOLAS PIEDISCALZI BOARD CHAIR
1.00 		0 0 0
500 YGNACIO VALLEY ROADSUITE 330
WALNUT CREEK,CA94596
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
HEATHER HONEGGER FINANCE DIRECTOR
20.00 		61,311 5,905 0
500 YGNACIO VALLEY RD 330
WALNUT CREEK,CA94596
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
BEACON POINTE ADVISORS INVESTMENT ADVISORY 67,049
24 CORPORATE PLAZA SUITE 150
NEWPORT BEACH,CA92660
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 N/A 0
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
120,769,048
b
Average of monthly cash balances.......................
1b
1,280,397
c
Fair market value of all other assets (see instructions)................
1c
38,318
d
Total (add lines 1a, b, and c).........................
1d
122,087,763
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
122,087,763
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,831,316
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
120,256,447
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
6,012,822
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
6,012,822
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
125,599
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
125,599
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
5,887,223
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
5,887,223
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
5,887,223
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
5,535,512
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
5,535,512
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 5,887,223
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 5,355,540
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$ 5,535,512
a Applied to 2023, but not more than line 2a 5,355,540
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..... 179,972
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 .......... 		5,707,251
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).)
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

ASHBY VILLAGE

1821 CATALINA AVENUE
BERKELEY,CA94707 		NONE PC TRANSFORMING HOW WE AGE 75,000

COMMUNITY FOUNDATION OF MENDOCINO COUNTY

204 S OAK STREET
UKIAH,CA95482 		NONE PC THE FUND FOR ROUND VALLEY 20,000

DESTINY ARTS CENTER

970 GRACE AVE
OAKLAND,CA94608 		NONE PC DESTINY ARTS IN SCHOOLS 30,000

THE OAKLAND PUBLIC EDUCATION FUND

PO BOX 71005
OAKLAND,CA94612 		NONE PC YOUTH BEAT: MEDIA ARTS ENGAGEMENT 25,000

THE TRUST FOR PUBLIC LAND

101 MONTGOMERY ST SUITE 1000
SAN FRANCISCO,CA94121 		NONE PC THE OAKLAND GREEN SCHOOLYARDS PROGRAM 40,000

UCSF FOUNDATION

PO BOX 45339
SAN FRANCISCO,CA94145 		NONE PC COALITION FOR OLDER ADULTS SOCIAL CONNECTEDNESS 100,000

YES NATURE TO NEIGHBORHOODS

3029 MACDONALD AVE
RICHMOND,CA94804 		NONE PC BASE CAMP CAPITAL CAMPAIGN 125,000

CLIMATEWORKS FOUNDATION

235 MONTGOMERY STREET 13TH FLOOR
SAN FRANCISCO,CA94104 		NONE PC FORESTS, PEOPLE, CLIMATE INITIATIVE 800,000

MULTIPLIER

548 MARKET STREET
SAN FRANCISCO,CA94104 		NONE PC CLEAN GRID INITIATIVE 800,000

WINDWARD FUND

1828 L STREET NW STE 300C
WASHINGTON,DC20036 		NONE PC GLOBAL METHANE HUB 800,000

YES NATURE TO NEIGHBORHOODS

3029 MACDONALD AVE
RICHMOND,CA94804 		NONE PC PATHWAYS TO THE OUTDOORS 30,000

GIRLS INC OF ALAMEDA COUNTY

510 16TH STREET
OAKLAND,CA94612 		NONE PC CREATIVITY AND CONNECTION: THE WHOLE GIRL APPROACH 30,000

STUDENT CONSERVATION ASSOCIATION INC

1310 N COURTHOUSE RD SUITE 110
ARLINGTON,VA22201 		NONE PC SCA BAY AREA URBAN GREEN 25,000

THE CERES COMMUNITY PROJECT

PO BOX 1562
SEBASTOPOL,CA95473 		NONE PC THE CENTER FOR FOOD, YOUTH & COMMUNITY 100,000

NATUREBRIDGE

1033 FORT CRONKHITE
SAUSALITO,CA94965 		NONE PC INCREASING ACCESS TO OUTDOOR ENVIRONMENTAL EDUCATION 25,000

VIDA VERDE NATURE EDUCATION

3540 LA HONDA ROAD
SAN GREGORIO,CA94074 		NONE PC MULTI-DAY ENVIRONMENTAL EDUCATION EXPERIENCES 30,000

YOSEMITE CONSERVANCY

101 MONTGOMERY STREET SUITE 2450
SAN FRANCISCO,CA94104 		NONE PC CONNECTING YOUTH WITH NATURE 50,000

ARTS COUNCIL SANTA CRUZ COUNTY

1070 RIVER STREET
SANTA CRUZ,CA95060 		NONE PC MARIPOSA ARTS 25,000

CANTARE CON VIVO

2619 BROADWAY
OAKLAND,CA94612 		NONE PC CHORAL MUSIC EDUCATION FOR 2,650 UNDER-RESOURCED OAKLAND STUDENTS 25,000

HELUNA HEALTH

13300 CROSSROADS PARKWAY NORTH
SUITE 450
CITY OF INDUSTRY,CA91746 		NONE PC SISTERWEB: COMMUNITY DOULA NETWORK 25,000

EAST BAY ASIAN YOUTH CENTER

2025 E 12TH STREET
OAKLAND,CA94606 		NONE PC CAMP THRIVE 50,000

GATEWAY MOUNTAIN CENTER

10038 MEADOW WAY UNIT D
TRUCKEE,CA96161 		NONE PC SIERRA EXPERIENCE PROGRAMS - EQUITABLE OUTDOOR ACCESS FOR YOUTH 40,000

GIRL SCOUTS HEART OF CENTRAL CALIFORNIA

6601 ELVAS AVENUE
SACRAMENTO,CA95819 		NONE PC YURTS FOR CAMP MENZIES 50,000

LUNA KIDS DANCE INC

931 ASHBY AVENUE
BERKELEY,CA94707 		NONE PC LEAP LAND SOAR BUILDING PROJECT 100,000

WILLOW CREEK YOUTH PARTNERSHIP

100 COUNTRY CLUB DRIVE
WILLOW CREEK,CA95573 		NONE PC CENTER STAGE - DREAM QUEST COMMUNITY YOUTH CENTER 49,000

ASIAN HEALTH SERVICES

101 8TH ST SUITE 100
OAKLAND,CA94607 		NONE PC HEALTHY MOTHERS, HEALTHY BABIES EXPANSION 35,000

FIERCE ADVOCATES

312 9TH STREET
RICHMOND,CA94801 		NONE PC COCO DOULAS TRAINING AND DOULA CARE PROGRAM 50,000

JOHN MUIR HEALTH FOUNDATION

1400 TREAT BOULEVARD
WALNUT CREEK,CA94597 		NONE PC BLACK AND LATINA MATERNAL HEALTH INITIATIVE 50,000

MARIN CITY HEALTH AND WELLNESS CENTER

4000 CIVIC CENTER DRIVE SUITE 360
SAN RAFAEL,CA94903 		NONE PC PRENATAL CARE FOR LOW-INCOME, AFRICAN-AMERICAN WOMEN 75,000

PLANNED PARENTHOOD NORTHERN CALIFORNIA

2185 PACHECO STREET
CONCORD,CA94520 		NONE PC EXPANDING SEXUAL REPRODUCTIVE HEALTH CARE ACCESS 150,000

SANTA CRUZ COMMUNITY HEALTH

125 WATER STREET SUITE A2
SANTA CRUZ,CA95060 		NONE PC HEALTHY PREGNANCY PROGRAM EXPANSION 100,000

CEI FOUNDATION

510 17TH STREET
OAKLAND,CA94612 		NONE PC WEBLINKS 50,000

COMMUNITY TECH NETWORK

1390 MARKET ST SUITE 200
SAN FRANCISCO,CA94102 		NONE PC ALAMEDA COUNTY CTN DIGITAL PROGRAMS FOR OLDER ADULTS 50,000

GOLD COUNTRY COMMUNITY SERVICES

PO BOX 968
GRASS VALLEY,CA95945 		NONE PC GOLD COUNTRY COMMUNITY SENIOR CENTER PROJECT 50,000

INSTITUTE ON AGING

3575 GEARY BOULEVARD
SAN FRANCISCO,CA94118 		NONE PC COMPANIOA: REDUCING SOCIAL ISOLATION IN DEMENTIA 100,000

SEQUOIA LIVING

1525 POST STREET
SAN FRANCISCO,CA94109 		NONE PC INTERGENERATIONAL PROGRAM EXPANSION PILOT 60,000

STEPPINGSTONE ADULT DAY HEALTH

930 FOURTH STREET
SAN FRANCISCO,CA94158 		NONE PC HELPING EXTREMELY ISOLATED SENIORS SOCIALIZE AND CONNECT TO THEIR COMMUNITIES 50,000

ALONZO KING LINES BALLET

26 7TH STREET 5TH FLOOR
SAN FRANCISCO,CA94103 		NONE PC LINES BALLET COMMUNITY PROGRAMS 10,000

ART ESCAPE

17474 HIGHWAY 12
SONOMA,CA95476 		NONE PC TUITION-FREE VISUAL ARTS PROGRAMS FOR UNDERSERVED STUDENTS IN SONOMA SPRINGS 15,000

BIG SUR LAND TRUST

509 HARTNELL STREET
MONTEREY,CA93940 		NONE PC YOUTH OUTDOOR PROGRAMS 10,000

BIRTH COMPANIONS COMMUNITY CENTER

29 SAN JUAN AVE
SAN FRANCISCO,CA94112 		NONE PC CULTURALLY RELEVANT DOULA CAREER TRAINING PROGRAM 40,000

BOOKER T WASHINGTON COMMUNITY SERVICE CENTER

800 PRESIDIO AVE
SAN FRANCISCO,CA94115 		NONE PC SENIOR WELLNESS PROGRAM 25,000

BUCKELEW PROGRAMS

201 ALAMEDA DELL PRADO SUITE 103
NOVATO,CA94949 		NONE PC LA MATERNIDAD Y ESPERANZA 25,000

CAMP PHOENIX

10974 STAR CT
OAKLAND,CA94603 		NONE PC CAMP PHOENIX 25,000

CAMPS IN COMMON DBA OAKLAND FEATHER RIVER CAMP

PO BOX 11061
OAKLAND,CA94611 		NONE PC ACCESS TO NATURE OUTREACH PROGRAM 25,000

COMMUNITY PARTNERSHIP FOR YOUTH

PO BOX 42
MONTEREY,CA93942 		NONE PC CPY VISUAL & PERFORMING ART ACADEMY (VPAA) 15,000

EARTH TEAM

1301 SOUTH 46TH STREET BUILDING 155
RICHMOND,CA94804 		NONE PC ASPHALT BREAK! 2024-25 25,000

EL SISTEMA USASALINAS INC (DBA YOSAL)

820 PARK ROW 672
SALINAS,CA93901 		NONE PC FOSTERING YOUTH EMPOWERMENT AND CULTURAL DIVERSITY THROUGH ORCHESTRAL MUSIC WITH YOSAL 25,000

FOSTER CITY VILLAGE INC

1549 CAROL AVENUE
FOSTER CITY,CA94404 		NONE PC SILVER SCHOLARSHIPS & BUDDY CONNECTION 15,000

GOLDEN GATE BIRD ALLIANCE

2150 ALLSTON WAY SUITE 210
BERKELEY,CA94704 		NONE PC ECO-EDUCATION 12,000

GROCERIES FOR SENIORS

660 CALIFORNIA STREET
SAN FRANCISCO,CA94108 		NONE PC EMPOWERING SENIORS THROUGH VOLUNTEERISM: ENHANCING HEALTH, CONNECTION, AND COMMUNITY IMPACT 20,000

HIDDEN VILLA

26870 MOODY ROAD
LOS ALTOS HILLS,CA94022 		NONE PC EXPERIENTIAL EDUCATION AT HIDDEN VILLA 30,000

KALA ART INSTITUTE

1060 HEINZ AVENUE
BERKELEY,CA94710 		NONE PC KALA ART INSTITUTE - YOUTH ART PROGRAMS 25,000

LITQUAKE FOUNDATION

268 BUSH ST 4226
SAN FRANCISCO,CA94104 		NONE PC LITQUAKE'S ELDER PROJECT 15,000

LODI BOYS AND GIRLS CLUB INC

275 POPLAR STREET
LODI,CA95240 		NONE PC ARTS EXPANSION 10,000

MARIN SHAKESPEARE COMPANY

P O BOX 4053
SAN RAFAEL,CA94913 		NONE PC YOUTH ARTS EDUCATION PROGRAMS 10,000

MOTHERS' MILK BANK CALIFORNIA

1887 MONTEREY HWY STE 110
SAN JOSE,CA95112 		NONE PC MOTHERS' MILK BANK CALIFORNIA CARES PROGRAM 49,000

OPEN SOURCE WELLNESS

6921 SNOWDON AVENUE
EL CERRITO,CA94530 		NONE PC COMMUNITY AS MEDICINE (CAM): PROMOTING WELLBEING FOR OLDER ADULTS THROUGH SOCIAL CONNECTION 25,000

PAJARO VALLEY HEALTHCARE DISTRICT PROJECT

75 NIELSON ST
WATSONVILLE,CA95076 		NONE PC A SAFE START FOR MOMS AND BABIES AT WATSONVILLE COMMUNITY HOSPITAL 49,000

PEACH TREE HEALTH

1114 YUBA STREET SUITE 220
MARYSVILLE CA 95901
MARYSVILLE,CA95901 		NONE PC NEW ULTRASOUND EQUIPMENT 40,599

POSTPARTUM SUPPORT CENTER

4162 REDWOOD HIGHWAY
SAN RAFAEL,CA94903 		NONE PC EMOTIONAL AND PRACTICAL SUPPORT FOR THE PERINATAL POPULATION AND THEIR CHILDREN 45,000

REGENTS OF THE UNIVERSITY OF CALIFORNIA AT BERKELEYCAL PERFORMANCES

101 ZELLERBACH HALL 4800 UNIVERSITY
OF CALIFORNIA
BERKELEY,CA94720 		NONE PC BERKELEY/OAKLAND AILEYCAMP 30,000

SANTA ROSA SYMPHONY ASSOCIATION

50 SANTA ROSA AVENUE STE 410
SANTA ROSA,CA95404 		NONE PC SIMPLY STRINGS 10,000

SAVE THE REDWOODS

111 SUTTER STREET 11TH FLOOR
SAN FRANCISCO,CA94104 		NONE PC REDWOOD EDUCATION PROGRAMS (REP) 30,000

SENIOR ADVOCACY NETWORK

821 13TH ST SUITE A
MODESTO,CA95354 		NONE PC HOMESHARE: ENRICHING THE LIVES OF OLDER ADULTS THROUGH SHARED HOUSING 20,000

SPANISH SPEAKING UNITY COUNCIL OF ALAMEDA COUNTY INC DBA THE UNITY COUNCIL

1900 FRUITVALE AVENUE SUITE 2A
OAKLAND,CA94601 		NONE PC AGING IN PLACE WITH DIGNITY AND GRACE: TUC'S WELLNESS PROGRAM FOR SENIORS 15,000

TAHOE RIM TRAIL ASSOCIATION

PO BOX 3267
STATELINE,NV89449 		NONE PC YOUTH BACKCOUNTRY CAMPS ON THE TAHOE RIM TRAIL 25,000

TEEN ADVOCACY GOING STRONG

1711 E 14TH ST
SAN LEANDRO,CA94577 		NONE PC CREATIVE REUSE YOUTH PROJECT 15,000

TURNAROUND ARTS CALIFORNIA

12541 BEATRICE STREET
LOS ANGELES,CA90066 		NONE PC NORTHERN CALIFORNIA SCHOOL PARTNERSHIPS: TEACHING AND LEARNING THROUGH THE ARTS 25,000

UPVALLEY FAMILY CENTERS OF NAPA COUNTY

1440 SPRING ST
SAINT HELENA,CA94574 		NONE PC FOSTERING SOCIAL CONNECTIONS FOR ISOLATED SENIORS IN RURAL NAPA COUNTY 15,000

YOUNG AUDIENCES OF NORTHERN CALIFORNIA

57 POST ST 511
SAN FRANCISCO,CA94104 		NONE PC ARTS + CULTURE = ACADEMIC SUCCESS 15,000

EARTH ISLAND INSTITUTE

2150 ALLSTON WAY SUITE 460
BERKELEY,CA94704 		NONE PC GREEN SCHOOLYARDS OF AMERICA PILOT PROJECT AT PARKWAY ELEMENTARY 40,000

MOILIILI HONGWANJI MISSION

902 UNIVERSITY AVE
HONOLULU,HI96826 		NONE PC PROJECT DANA SERVICES FOR HAWAII'S KPUNA AND THEIR CAREGIVERS 15,000

OAKLAND PUBLIC EDUCATION FUND

PO BOX 71005
OAKLAND,CA94612 		NONE PC OAKLAND GOES OUTDOORS' EXPERIENCES FOR OAKLAND YOUTH 15,000

TIDES CENTER

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		NONE PC OASISI FOR GIRLS CREATE ARTS AND ACTIVISM 25,000
Total .................................right arrow 3a 5,169,599
bApproved for future payment

THE CERES COMMUNITY PROJECT
PO BOX 1562
SEBASTOPOL,CA95473 		NONE PC THE CENTER FOR FOOD, YOUTH & COMMUNITY 400,000

NATUREBRIDGE
1033 FORT CRONKHITE
SAUSALITO,CA94965 		NONE PC INCREASING ACCESS TO OUTDOOR ENVIRONMENTAL EDUCATION 25,000

VIDA VERDE NATURE EDUCATION
3540 LA HONDA ROAD
SAN GREGORIO,CA94074 		NONE PC MULTI-DAY ENVIRONMENTAL EDUCATION EXPERIENCES 60,000

YOSEMITE CONSERVANCY
101 MONTGOMERY STREET SUITE 2450
SAN FRANCISCO,CA94104 		NONE PC CONNECTING YOUTH WITH NATURE 50,000

ARTS COUNCIL SANTA CRUZ COUNTY
1070 RIVER STREET
SANTA CRUZ,CA95060 		NONE PC MARIPOSA ARTS 25,000

CANTARE CON VIVO
2619 BROADWAY
OAKLAND,CA94612 		NONE PC CHORAL MUSIC EDUCATION FOR 2,650 UNDER-RESOURCED OAKLAND STUDENTS 50,000

HELUNA HEALTH
13300 CROSSROADS PARKWAY NORTH
SUITE 450
CITY OF INDUSTRY,CA91746 		NONE PC SISTERWEB: COMMUNITY DOULA NETWORK 25,000
Total ................................. right arrow 3b 635,000
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 ........... 		    14 544,115  
4 Dividends and interest from securities ....     14 3,799,393  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 4,873,890  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aROYALTY INCOME 		900099   15 1,983  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 9,219,381 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
9,219,381
(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 JOSEPH AND VERA LONG FOUNDATION
EIN:
94-1643626
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 32,956 16,478   16,478

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE JOSEPH AND VERA LONG FOUNDATION
EIN:
94-1643626
Name of Bond End of Year Book Value End of Year Fair Market Value
CHARLES SCHWAB 8,222,811 8,222,811
SEGALL 6,026,430 6,026,430
BOWHAY INVESTMENTS 6,158,916 6,158,916

TY 2024 InvestmentsCorpStockSchedule
Name:
THE JOSEPH AND VERA LONG FOUNDATION
EIN:
94-1643626
Name of Stock End of Year Book Value End of Year Fair Market Value
CHARLES SCHWAB 81,302,771 81,302,771
BOWHAY INVESTMENTS 18,522,808 18,522,808

TY 2024 InvestmentsGovtObligationsSch
Name:
THE JOSEPH AND VERA LONG FOUNDATION
EIN:
94-1643626
US Government Securities - End of Year Book Value:

1,673,666
US Government Securities - End of Year Fair Market Value:

1,673,666
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 JOSEPH AND VERA LONG FOUNDATION
EIN:
94-1643626
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
VENOCO FMV 22,164 22,164

TY 2024 LegalFeesSchedule
Name:
THE JOSEPH AND VERA LONG FOUNDATION
EIN:
94-1643626
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 690 0   690


TY 2024 OtherAssetsSchedule
Name:
THE JOSEPH AND VERA LONG FOUNDATION
EIN:
94-1643626
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
RIGHT OF USE ASSET 50,222 124,395 0


TY 2024 OtherExpensesSchedule
Name:
THE JOSEPH AND VERA LONG FOUNDATION
EIN:
94-1643626
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL FEES 2,428 189   2,239
OFFICE EXPENSES 15,038 1,173   13,865
INSURANCE 4,133 322   3,811
MEMBERSHIPS AND DUES 4,528 0   4,528


TY 2024 OtherIncomeSchedule2
Name:
THE JOSEPH AND VERA LONG FOUNDATION
EIN:
94-1643626
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ROYALTY INCOME 1,983 1,983 1,983


TY 2024 OtherIncreasesSchedule
Name:
THE JOSEPH AND VERA LONG FOUNDATION
EIN:
94-1643626
Description Amount
UNREALIZED GAIN 3,896,661


TY 2024 OtherLiabilitiesSchedule
Name:
THE JOSEPH AND VERA LONG FOUNDATION
EIN:
94-1643626
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED FEDERAL EXCISE TAX LIABILITY 321,793 375,993
LEASE LIABILITY 50,222 124,395


TY 2024 OtherProfessionalFeesSchedule
Name:
THE JOSEPH AND VERA LONG FOUNDATION
EIN:
94-1643626
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADVISORY FEES 67,049 67,049   0
MANAGEMENT FEES 71,390 71,390   0


TY 2024 TaxesSchedule
Name:
THE JOSEPH AND VERA LONG FOUNDATION
EIN:
94-1643626
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAX 17,776 1,387   16,389
TAX EXPENSE 179,800 0   0