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
Pacific Youth Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)200 E Rowland St 1120
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Covina, CA91723
A Employer identification number

80-0162835
B Telephone number (see instructions)

(310) 774-0057
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$46,296,019J 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 9 9  
4 Dividends and interest from securities... 340,289 340,289  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,053,711
b Gross sales price for all assets on line 6a 5,237,828
7 Capital gain net income (from Part IV, line 2)... 2,053,711
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
408,498 408,498  
12 Total. Add lines 1 through 11........ 2,802,507 2,802,507  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 801,235     801,235
14 Other employee salaries and wages...... 45,258     45,258
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
21,418     21,418
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
23,250     23,250
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
117,947 88,592   29,354
17 Interest............... 42,896 42,896    
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
159,026     31,508
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
2,534    
20 Occupancy.............. 36,550      
21 Travel, conferences, and meetings....... 113,953     85,117
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
39,815     39,815
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,403,882 131,488   1,076,955
25 Contributions, gifts, grants paid....... 1,312,256 1,196,961
26 Total expenses and disbursements. Add lines 24 and 25 2,716,138 131,488   2,273,916
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 86,369
b Net investment income (if negative, enter -0-) 2,671,019
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............. 59,365 65,550 65,550
2 Savings and temporary cash investments......... 1,543,879 105,944 105,944
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.......... 65,139 28,012 28,012
10a Investments—U.S. and state government obligations (attach schedule) 4,228,382 4,277,708 4,277,708
b Investments—corporate stock (attach schedule)....... 914,256 1,935,659 1,935,659
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 37,757,474 39,865,963 39,865,963
14 Land, buildings, and equipment: basis right arrow17,980
Less: accumulated depreciation (attach schedule) right arrow3,773 1,894 Click to see attachment
List of Attached Documents:
// Content
14,207 		14,207
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
2,976 		Click to see attachment
List of Attached Documents:
// Content
2,976 		Click to see attachment
List of Attached Documents:
// Content
2,976
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 44,573,365 46,296,019 46,296,019
Liabilities 17 Accounts payable and accrued expenses.......... 8,996 8,705
18 Grants payable................. 994,300 1,109,595
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
90,517 		Click to see attachment
List of Attached Documents:
// Content
111,308
23 Total liabilities (add lines 17 through 22)......... 1,093,813 1,229,608
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........... 43,479,552 45,066,411
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)..... 43,479,552 45,066,411
30 Total liabilities and net assets/fund balances (see instructions). 44,573,365 46,296,019
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
43,479,552
2
Enter amount from Part I, line 27a .....................
2
86,369
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,500,490
4
Add lines 1, 2, and 3 ..........................
4
45,066,411
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
45,066,411
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 Angeles Absolute Return Fund LTD P 2024-12-01 2024-12-31
b Angeles Diversified Income Fund P 2024-12-01 2024-12-31
c Angeles Global Equity Opportunities P 2024-12-01 2024-12-31
d Angeles Private Credit Fund P 2024-12-01 2024-12-31
e Angeles Private Credit Fund II P 2024-12-01 2024-12-31
Angeles Private Markets Fund P 2024-12-01 2024-12-31
Angeles Private Markets Fund II P 2024-12-01 2024-12-31
Angeles Private Markets Fund III P 2024-12-01 2024-12-31
Angeles Private Markets Fund IV P 2024-12-01 2024-12-31
Angeles Private Markets Fund V P 2024-12-01 2024-12-31
Angeles Real Asset Fund I P 2024-12-01 2024-12-31
HarbourVest P 2024-12-01 2024-12-31
Lone Star P 2024-12-01 2024-12-31
PAREF V P    
240 VANGUARD S&P 500 P 2023-06-30 2024-01-05
300 VANGUARD TOTAL INTERNTL STOCK ETF P 2023-06-30 2024-01-05
300 VANGUARD S&P 500 ETF P 2023-06-30 2024-02-27
1100 VANGUARD TOTAL INTERNTL STOCK ETF P 2023-06-30 2024-02-27
400 VANGUARD TOTAL INTERNTL STOCK ETF IV P 2023-06-30 2024-03-07
525 VANGUARD S&P 500 ETF P 2023-06-30 2024-03-25
2800 VANGUARD TOTAL INTERNTL STOCK ETF IV P 2023-06-30 2024-03-25
100 VANGUARD S&P 500 ETF P 2023-06-30 2024-06-14
600 VANGUARD TOTAL INTERNTL STOCK ETF IV P 2023-06-30 2024-06-14
260 VANGUARD S&P 500 ETF P 2024-02-01 2024-07-26
2750 VANGUARD TOTAL INTERNTL STOCK ETF P 2024-02-01 2024-07-26
50 VANGUARD S&P 500 ETF P 2023-06-30 2024-07-08
275 VANGUARD TOTAL INTERNTL STOCK ETF P 2023-06-30 2024-07-08
135 VANGUARD S&P 500 ETF P 2023-06-30 2024-07-26
125 VANGUARD TOTAL INTERNTL STOCK ETF P 2023-06-30 2024-07-26
280 VANGUARD S&P 500 ETF P 2024-02-01 2024-08-07
168 VANGUARD TOTAL INTERNTL STOCK ETF P 2024-02-01 2024-08-07
155 VANGUARD S&P 500 ETF P 2024-02-01 2024-08-19
770 VANGUARD TOTAL INTERNTL STOCK ETF P 2024-02-01 2024-08-19
470 VANGUARD TOTAL INTERNATIONAL P 2024-01-01 2024-10-09
145 VANGUARD S&P 500 ETF P 2024-01-01 2024-10-29
120 US TREASURY P 2024-01-01 2024-11-08
1350 VANGUARD TOTAL INTERNATIONAL P 2024-01-01 2024-11-25
75 VANGUARD S&P 500 ETF P 2024-01-01 2024-12-10
350 VANGUARD TOTAL INTERNATIONAL P 2024-01-01 2024-12-10
57592.03 PIMIX P 2024-01-01 2024-12-19
1000 VANGUARD S&P 500 ETF P 2024-01-01 2024-12-19
3500 VANGUARD TOTAL INTERNATIONAL P 2024-01-01 2024-12-19
Angeles Private Credit Fund II P 2024-01-01 2024-12-31
Angeles Direct Equity Fund LP P 2024-01-01 2024-12-31
Angeles Direct Equity Fund 2 LP 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 135,335     135,335
b     158,285 -158,285
c 1,345,893     1,345,893
d 688     688
e 1,623     1,623
130,393     130,393
182,537     182,537
72,446     72,446
7,956     7,956
3,312     3,312
11,192     11,192
31,277     31,277
7,868     7,868
       
103,355   97,918 5,437
17,146   16,839 307
139,333   122,397 16,936
64,844   61,743 3,101
24,116   22,452 1,664
251,272   214,195 37,077
168,222   157,164 11,058
49,835   40,799 9,036
36,221   33,678 2,543
130,215   116,745 13,470
167,937   158,097 9,840
25,497   20,399 5,098
16,902   15,436 1,466
67,612   55,079 12,533
7,634   7,016 618
134,091   125,726 8,365
9,859   9,658 201
79,520   69,598 9,922
48,204   44,267 3,937
29,957   27,020 2,937
77,493   65,108 12,385
119,730   118,506 1,224
82,132   78,440 3,692
41,685   33,677 8,008
21,977   21,063 914
607,000   601,572 5,428
544,745   479,162 65,583
210,169   212,078 -1,909
7     7
16,186     16,186
14,412     14,412
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       135,335
b       -158,285
c       1,345,893
d       688
e       1,623
      130,393
      182,537
      72,446
      7,956
      3,312
      11,192
      31,277
      7,868
       
      5,437
      307
      16,936
      3,101
      1,664
      37,077
      11,058
      9,036
      2,543
      13,470
      9,840
      5,098
      1,466
      12,533
      618
      8,365
      201
      9,922
      3,937
      2,937
      12,385
      1,224
      3,692
      8,008
      914
      5,428
      65,583
      -1,909
      7
      16,186
      14,412
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 2,053,711
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 37,127
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 37,127
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 37,127
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 65,139
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 65,139
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 28,012
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow28,012 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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCA
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.pyf.org
14
The books are in care ofright arrowPacific Youth Foundation Telephone no.right arrow (310) 774-0057

Located atright arrow200 E Rowland St 1120CovinaCA ZIP+4right arrow91723
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
ALLAN YOUNG Managing Dir
40.00 		196,704 19,670 9,198
302 Arizona Ave 32
Santa Monica,CA90401
JAMES JIM SHEPARD Trustee
1.00 		196,704 19,670  
302 Arizona Ave 32
Santa Monica,CA90401
EVAN MCELROY Treasurer/TTEE
1.00 		77,436    
302 Arizona Ave 32
Santa Monica,CA90401
AARON YOUNG Dir of Grant
40.00 		231,700 44,975 5,178
302 ARIZONA AVE 32
SANTA MONICA,CA90401
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
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 THE PACIFIC YOUTH FOUNDATION (PYF) STAFF DIRECTLY ASSISTS ORGANIZATIONS IN AREAS OF FUNDRAISING, MARKETING,TECHNOLOGY AND BOARD DEVELOPMENT. THERE ARE FOURTEEN (14)ORGANIZATIONS THAT BENEFITED FROM THE PACIFIC YOUTH FOUNDATION (PYF) STAFF IN 2024:1. CLUB DE NINOS Y NINAS DE MEXICO INC.2. WORLD FEDERATION OF YOUTH CLUBS 3. BOYS & GIRLS CLUB OF SANTA CLARITA VALLEY4. BOYS & GIRLS CLUBS OF SNOHOMISH COUNTY5. BOYS & GIRLS CLUB OF SANTA MONICA6. BOYS & GIRLS CLUB OF WHITTIER7. BOYS & GIRLS CLUB OF SAN MARCOS8. BOYS & GIRLS CLUB OF SANTA MONICA9. BOYS & GIRLS CLUBS OF HAWAII10. BOYS & GIRLS CLUB OF CATHEDRAL CITY11. SANTA MONICA EDUCATION FOUNDATION12. SANTA MONICA ROTARY CLUB FOUNDATION13. SOCIAL & EMOTIONAL WELLNESS INITIATIVE14. MCKINLEY ELEMENTARY SCHOOL PTA 59,011
2 THE PACIFIC YOUTH FOUNDATION (PYF) HOSTED TWO (2) LEADERS IN TRAINING (LIT) CONFERENCES THIS YEAR TO CONVENE THE GROUP FOR EDUCATION ON BEST PRACTICES ON THE IMPLEMENTATION OF PROGRAMS AND GENERAL SUPPORT FOR THE ORGANIZATION. SPECIFICALLY IN THE AREAS OF FUNDRAISING, MARKETING, TECHNOLOGY AND BOARD DEVELOPMENT. IN 2024 THERE WERE SIX(6) ACTIVE ORGANIZATIONS AND APPROXIMATELY 25 PARTICIPANTS IN THE CONFERENCES. THE PARTICIPANTS COME FROM THE FOLLOWING ORGANIZATIONS WHO ARE INVOLVED IN THE LEADERS IN TRAINING PROGRAM AND RECEIVE FUNDING ASSISTANCE FROM PYF:1. BOYS & GIRLS CLUB OF CATHEDRAL CITY2. BOYS & GIRLS CLUB OF FONTANA3. BOYS & GIRLS CLUB OF HAWAII4. BOYS & GIRLS CLUB OF SAN MARCOS5. BOYS & GIRLS CLUBS OF SANTA CLARITA6. BOYS & GIRLS CLUB OF WHITTIER 85,117
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (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
45,466,768
b
Average of monthly cash balances.......................
1b
83,088
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
45,549,856
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
45,549,856
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
683,248
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
44,866,608
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,243,330
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
2,243,330
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
37,127
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
37,127
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,206,203
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
2,206,203
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
2,206,203
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
2,273,916
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,273,916
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 2,206,203
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 1,681,431
b From 2020...... 931,870
c From 2021......  
d From 2022......  
e From 2023...... 200,413
f Total of lines 3a through e ........ 2,813,714
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 2,273,916
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 2,206,203
e Remaining amount distributed out of corpus 67,713
5 Excess distributions carryover applied to 2024.    
(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 2,881,427
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		1,681,431
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		1,199,996
10 Analysis of line 9:
a Excess from 2020.... 931,870
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023.... 200,413
e Excess from 2024.... 67,713
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
ALLAN C YOUNG
200 E Rowland St 1120
Covina,CA91723
(310) 774-0057
bThe form in which applications should be submitted and information and materials they should include:
LETTER FORM, COMPLETE NARRATIVE DESCRIPTIONS
cAny submission deadlines:
THE DEADLINES FOR 2025 ARE: 01/31/25; 04/30/25; 09/30/25
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE FOLLOWING QUESTIONS ARE CONSIDERED: 1. HAS THE ORGANIZATION'S CHIEFPROFESSIONAL OFFICER BEEN IN THEIR CURRENT ROLE FOR MORE THAN 2 YEARS? 2.WAS THE ORGANIZATION'S LAST REQUEST DATE MORE THAN 12 MONTHS AGO? 3. IFFUNDED, WAS THE ORGANIZATION'S LAST AWARDED DATE MORE THAN 24 MONTHS AGO?4. DOES THE ORGANIZATION RECEIVE LESS THAN 15% OF ITS OPERATING BUDGET INFEES CHARGED TO YOUTH? IN ADDITION, IT REQUESTED THAT THE ORGANIZATIONSINCLUDE A COPY OF ITS MOST RECENT IRS 501 (C)(3) DESIGNATION LETTER, 990,AND AUDIT.
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
BOYS GIRLS CLUBS OF CATHEDRAL CITY


32141 WHISPERING PALMS TRAIL
CATHEDRAL CITY,CA92234 		N/A PC Leaders in Training 47,500
BOYS GIRLS CLUB - SANTA CLARITA VAL


24909 NEWHALL AVE
SANTA CLARITA,CA91321 		N/A PC Director of Operations Support 30,000
MCKINLEY ELEMENTARY SCHOOL PTA


2401 SANTA MONICA BLVD
SANTA MONICA,CA90404 		N/A PC General Funds 10,000
BOYS GIRLS CLUBS OF CATHEDRAL CITY


321414 WHISPERING PALMS TRAIL
CATHEDRAL CITY,CA92234 		N/A PC Stand Up for Kids 11,000
BOYS GIRLS CLUB OF HAWAII


1000 BISHOP ST SUITE 505
HONOLULU,HI96813 		N/A PC Waianae Club Kitchen 10,000
BOYS GIRLS CLUB OF WHITTIER


7905 S GREENLEAF AVE
WHITTIER,CA90602 		N/A PC Advancement Coordinator 168,900
BOYS GIRLS CLUB OF WHITTIER


7905 S GREENLEAF AVE
WHITTIER,CA90602 		N/A PC Resource Development Consultant 223,900
SOCIAL EMOTIONAL WELLNESS INITIATIV


3415 S SEPULVEDA BLVD SUITE 1100
LOS ANGELES,CA90034 		N/A PC South Africa Youth Service Trip 32,828
SOCIAL EMOTIONAL WELLNESS INITIATIV


3415 S SEPULVEDA BLVD SUITE 1100
LOS ANGELES,CA90034 		N/A PC SOCIAL & EMOTIONAL WELLNESS INITIATIVE 283,500
BOYS GIRLS CLUB OF HAWAII


1000 BISHOP ST SUITE 505
HONOLULU,HI96813 		N/A PC Leaders In Training 84,000
BOYS GIRLS CLUB OF WHITTIER


7905 S GREENLEAF AVE
WHITTIER,CA90602 		N/A PC LEADERS IN TRAINING 43,000
WORLD FEDERATION OF YOUTH CLUBS


PO BOX 1507
CHARLOTTESVILLE,VA22902 		N/A PC SUSTAINED GIVING 5,000
BOYS GIRLS CLUB OF FONTANA


PO BOX 3712
FONTANA,CA92334 		N/A PC LEADERS IN TRAINING 47,500
BOYS GIRLS CLUB - SANTA CLARITA VAL


24909 NEWHALL AVE
SANTA CLARITA,CA91321 		N/A PC Leaders In Training 42,000
BOYS GIRLS CLUB OF SAN MARCOS


1 POSITIVE PLACE
SAN MARCOS,CA92069 		N/A PC LEADERS IN TRAINING 44,000
BOYS GIRLS CLUB OF SANTA MONICA


1220 Lincoln Blvd
Santa Monica,CA90401 		N/A PC Family Assistance in Honor of Bob Sullivan 2,500
BOYS GIRLS CLUB OF SANTA MONICA


1220 Lincoln Blvd
Santa Monica,CA90401 		N/A PC Santa Monica Boys & Girls Clubs Presenting Sponsorship 30,000
SANTA MONICA ROTARY CLUB FOUNDATION


PO BOX 586
Santa Monica,CA90406 		N/A PC General Support 1,000
BOYS GIRLS CLUB OF SANTA MONICA


1220 Lincoln Blvd
SANTA MONICA,CA90401 		N/A PC Christmas Gifts for Staff 5,000
Santa Monica Education Foundation


1717 4th Street 132 132
Santa Monica,CA90401 		N/A PC Enriched Educational Experiences 10,000
SANTA MONICA ROTARY CLUB FOUNDATION


PO BOX 586
Santa Monica,CA90406 		N/A PC General Support 333
WORLD FEDERATION OF YOUTH CLUBS


PO BOX 1507
CHARLOTTESVILLE,VA22902 		N/A PC Club De NinosY Ninas- MexicoCity Club Kitchen and Dining Remodel 25,000
WORLD FEDERATION OF YOUTH CLUBS


PO BOX 1507
CHARLOTTESVILLE,VA22902 		N/A PC Club De Ninos Y Ninas Baja Cal-New Facility in Los Cabos 15,000
WORLD FEDERATION OF YOUTH CLUBS


PO BOX 1507
CHARLOTTESVILLE,VA22902 		N/A PC Club De Ninos Y Ninas Tijuana-Fundraising Development 15,000
Boys Girls Club of Santa Monica


1220 Lincoln Blvd
SANTA MONICA,CA90401 		N/A PC Santa Monica Boys & Girls Clubs Presenting Sponsorship 10,000
Total .................................right arrow 3a 1,196,961
bApproved for future payment
BOYS GIRLS CLUB OF FONTANA

PO BOX 3712
FONTANA,CA92334 		N/A PC Leaders in Training 50,000
BOYS GIRLS CLUB OF HAWAII

1000 BISHOP ST SUITE 505
HONOLULU,HI96813 		N/A PC LEADERS IN TRAINING 88,500
BOYS GIRLS CLUB OF SNOHOMISH COUNTY

8223 Broadway Suite 100
Everett,WA98203 		N/A PC Future ready capacity support initiative 50,000
BOYS GIRLS CLUB OF WHITTIER

7905 S GREENLEAF AVE
WHITTIER,CA90602 		N/A PC Leaders in Traning 45,500
SOCIAL EMOTIONAL WELLNESS INITIATIV

3415 S SEPULVEDA BLVD SUITE 1100
LOS ANGELES,CA90034 		N/A PC Program Expansion 297,000
Boys Girls Club of Santa Monica

1220 Lincoln Blvd
SANTA MONICA,CA90401 		N/A PC Houseing Stipend for CPO 25,000
BOYS GIRLS CLUB OF WHITTIER

7905 S GREENLEAF AVE
WHITTIER,CA90602 		N/A PC Advancement Coordinator 177,500
BOYS GIRLS CLUB OF WHITTIER

7905 S GREENLEAF AVE
WHITTIER,CA90602 		N/A PC Resource Development Consultant 235,095
SANTA CLARITA

24909 NEWHALL AVE
Santa Clarita,CA91321 		N/A PC Leaders In Training 44,500
BOYS GIRLS CLUB OF SAN MARCOS

1 POSITIVE PLACE
SAN MARCOS,CA92069 		N/A PC Leaders in training 46,500
Boys Girls Clubs of Cathedral City

32141 WHISPERING PALMS TRAIL
CATHEDRAL CITY,CA92234 		N/A PC 2025 LIT 50,000
Total ................................. right arrow 3b 1,109,595
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 9  
4 Dividends and interest from securities ....     14 340,289  
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 2,053,711  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME/LOSS ON INVESTMENTS 		900099 -50,671 14 -338,789  
bPartnership Dividends/Interest 900099   14 797,958  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -50,671 2,853,178  
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,802,507
(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: 24020490
Software Version: 2024v5.2


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
Pacific Youth Foundation
EIN:
80-0162835
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting Fees 23,250 0 0 23,250

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

TY 2024 DepreciationSchedule
Name:
Pacific Youth Foundation
EIN:
80-0162835
Software ID:
24020490
Software Version:
2024v5.2
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
Furniture & Fixtures 2022-01-01 4,164 1,239 200DB 19.20 % 712      
Office Equipment 2024-01-01 13,816   200DB 14.29 % 1,822      

TY 2024 LandEtcSchedule2
Name:
Pacific Youth Foundation
EIN:
80-0162835
Software ID:
24020490
Software Version:
2024v5.2
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Furniture and Fixtures 4,164 1,951 2,213 2,213
Machinery and Equipment 13,816 1,822 11,994 11,994


TY 2024 LegalFeesSchedule
Name:
Pacific Youth Foundation
EIN:
80-0162835
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal Fees 21,418 0 0 21,418


TY 2024 OtherAssetsSchedule
Name:
Pacific Youth Foundation
EIN:
80-0162835
Software ID:
24020490
Software Version:
2024v5.2
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
SECURITY DEPOSITS 2,976 2,976 2,976


TY 2024 OtherExpensesSchedule
Name:
Pacific Youth Foundation
EIN:
80-0162835
Software ID:
24020490
Software Version:
2024v5.2
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK CHARGES 1,743     1,743
DUES AND MEMBERSHIP 2,192     2,192
INSURANCE 5,306     5,306
Miscellaneous expenses 1,500     1,500
Office Expenses 15,363     15,363
Sponsored Event 12,433     12,433
WORKERS COMP INSURANCE 1,278     1,278


TY 2024 OtherIncomeSchedule2
Name:
Pacific Youth Foundation
EIN:
80-0162835
Software ID:
24020490
Software Version:
2024v5.2
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME/LOSS ON INVESTMENTS -389,460    
Partnership Dividends/Interest 797,958    


TY 2024 OtherProfessionalFeesSchedule
Name:
Pacific Youth Foundation
EIN:
80-0162835
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 88,593 88,592 0 0
OTHER PROFESSIONAL FEES 26,758 0 0 26,758
PAYROLL FEES 2,596 0 0 2,596


TY 2024 TaxesSchedule
Name:
Pacific Youth Foundation
EIN:
80-0162835
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CA RCT Filing Fees 200     200
Excise Tax Expense 57,918      
Other Tax 92      
PAYROLL TAXES 31,308     31,308
UBTI 69,508