LK WHITTIER FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: LK WHITTIER FOUNDATION (EIN 95-6027493)
Tax period: 2021-05-01 to 2022-04-30
Filed: 2023-05-08
IRS object ID: 202311289349103141
Schema version: 2021v4.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Accounting Fees Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Other Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-05-08T18:16:01-05:00	ReturnTs
Tax Period End	2022-04-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	951777440	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	GREEN HASSON & JANKS LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	700 SOUTH FLOWER STREET SUITE 3300	AddressLine1Txt
City	LOS ANGELES	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90017	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2021-05-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	956027493	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LK WHITTIER FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	LKWH	BusinessNameControlTxt
Phone	6264415188	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	625 FAIR OAKS AVENUE 360	AddressLine1Txt
City	PASADENA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91030	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	LINDA BLINKENBERG	PersonNm
Person Title	VICE PRESIDENT	PersonTitleTxt
Phone	6264415188	PhoneNum
Signature	2023-01-24	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	LINDA	PersonFirstNm
Person Last	BLINKENBERG	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	LIZBETH G NEVAREZ	PreparerPersonNm
PTIN	P01399868	PTIN
Phone	3108731600	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$67,570,163	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$9,034	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$9,034	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$107,821	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$107,821	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$6,696,522	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$14,085,058	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$7,507,405	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$44,435	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$301,532	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$44,435	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$6,857,812	TotalRevAndExpnssAmt
Total Net Invst Incm	$7,925,792	TotalNetInvstIncmAmt
Total Adj Net Incm	$44,435	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm	$0	CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss	$2,000	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$500	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$1,500	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$23,450	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$5,863	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$17,587	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$280,302	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$70,076	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$0	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$210,226	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$275	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$55	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$0	TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$1,522	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$0	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$1,522	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$307,549	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$76,494	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$230,835	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$27,178,108	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$13,150,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$27,485,657	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$76,494	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$13,380,835	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$20,627,845	ExcessRevenueOverExpensesAmt
Net Investment Income	$7,849,298	NetInvestmentIncomeAmt
Adjusted Net Income	$44,435	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$498	CashBOYAmt
Cash EOY	$288	CashEOYAmt
Cash EOYFMV	$288	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$1,466,780	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$1,876,595	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$1,876,595	SavAndTempCashInvstEOYFMVAmt
Prepaid Expenses BOY	$6,834	PrepaidExpensesBOYAmt
US Government Obligations BOY	$49,525	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$114,839	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$114,839	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$1,642,872	CorporateStockBOYAmt
Corporate Stock EOY	$1,637,606	CorporateStockEOYAmt
Corporate Stock EOYFMV	$1,637,606	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$1,815,280	CorporateBondsBOYAmt
Corporate Bonds EOY	$1,632,936	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$1,632,936	CorporateBondsEOYFMVAmt
Other Investments BOY	$79,490,972	OtherInvestmentsBOYAmt
Other Investments EOY	$62,284,865	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$62,284,865	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$19,397	OtherAssetsBOYAmt
Other Assets EOY	$23,034	OtherAssetsEOYAmt
Other Assets EOYFMV	$23,034	OtherAssetsEOYFMVAmt
Total Assets BOY	$84,492,158	TotalAssetsBOYAmt
Total Assets EOY	$67,570,163	TotalAssetsEOYAmt
Total Assets EOYFMV	$67,570,163	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$24,697	AccountsPayableBOYAmt
Accounts Payable EOY	$22,115	AccountsPayableEOYAmt
Grants Payable BOY	$43,421,893	GrantsPayableBOYAmt
Grants Payable EOY	$57,450,000	GrantsPayableEOYAmt
Other Liabilities BOY	$677,092	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$599,939	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$44,123,682	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$58,072,054	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$40,368,476	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$9,498,109	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$40,368,476	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$9,498,109	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$84,492,158	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$67,570,163	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$40,368,476	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$20,627,845	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$19,740,631	SubtotalAmt
Other Decreases	$10,242,522	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$9,498,109	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)

PropertyPropertyDesc	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	How AcquiredHowAcquiredCd
SALE OF PUBLICLY TRADED SECURITIES	2021-03-01	2022-04-30	$14,085,058	$9,697,097	$4,387,961	$4,387,961
CORPORATE AMERICA FUND, LP	2021-03-01	2022-04-30			$1,036,026	$1,036,026	P
WHITTIER CORE FIXED INCOME FUND	2021-03-01	2022-04-30			-$2,712	-$2,712	P
WHITTIER INTERNATIONAL FUND A LP	2021-03-01	2022-04-30			$414,492	$414,492	P
WHITTIER SMID CAP FUND, LP	2021-03-01	2022-04-30			$871,719	$871,719	P
WHITTIER VALUE FUND A, LP	2021-03-01	2022-04-30			$799,919	$799,919	P

Field	Value	IRS element (for citing)
Capital Gain Net Income	$7,507,405	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$109,105	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$109,105	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$109,105	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$27,269	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$41,000	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$68,269	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$0	EsPenaltyAmt
Tax Due	$40,836	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	CA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	WHITTIER TRUST COMPANY	IndividualWithBooksNm
Phone	6264415188	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	625 FAIR OAKS AVENUE STE 360	AddressLine1Txt
City	SOUTH PASADENA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91030	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
LAURA-LEE W WOODS
625 FAIR OAKS AVENUE SUITE 360	SOUTH PASADENA	CA	91030	PRESIDENT/DIRECTOR	2.00	$0	$0	$0
LINDA BLINKENBERG
625 FAIR OAKS AVENUE SUITE 360	SOUTH PASADENA	CA	91030	VICE PRESIDENT/DIRECTOR	2.00	$0	$0	$0
GREG CUSTER
625 FAIR OAKS AVENUE SUITE 360	SOUTH PASADENA	CA	91030	SECRETARY/DIRECTOR	2.00	$0	$0	$0
SANDIP BHAGAT
625 FAIR OAKS AVENUE SUITE 360	SOUTH PASADENA	CA	91030	CFO/DIRECTOR	2.00	$0	$0	$0
LAURE W WOODS
625 FAIR OAKS AVENUE SUITE 360	SOUTH PASADENA	CA	91030	DIRECTOR	2.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WHITTIER TRUST COMPANY	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	625 FAIR OAKS AVENUE STE 360	AddressLine1Txt
City	SOUTH PASADENA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91030	ZIPCd

Field	Value	IRS element (for citing)
Service Type	INVESTMENT MGMT & PHILANTHROPIC SVCS	ServiceTypeTxt
Compensation	$280,302	CompensationAmt

Field	Value	IRS element (for citing)
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$3,616,283	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$1,956,884	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$62,307,899	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$67,881,066	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$67,881,066	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$1,018,216	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$66,862,850	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$3,343,143	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$3,343,143	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$109,105	TaxBasedOnInvestmentIncomeAmt
Total Tax	$109,105	TotalTaxAmt
Distributable Before Adj	$3,234,038	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$3,234,038	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$3,234,038	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$13,380,835	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$13,380,835	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$3,234,038	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$5,576,982	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$9,143,932	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$9,509,583	ExcessDistributionCyovYr3Amt
Total Excess Distribution Cyov	$24,230,497	TotalExcessDistributionCyovAmt
Qualifying Distributions	$13,380,835	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$3,234,038	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$10,146,797	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$34,377,294	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$5,576,982	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$28,800,312	ExcessDistriCyovToNextYrAmt
Excess From Year4	$9,143,932	ExcessFromYear4Amt
Excess From Year3	$9,509,583	ExcessFromYear3Amt
Excess From Current Year	$10,146,797	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
BENNINGTON COLLEGE
1 COLLEGE DR	BENNINGTON	VT	05201	NONE	PC	SUPPORT FOR THE PETER DRUCKER FUND FOR EXCELLENCE AND INNOVATION	$4,000,000
CHILDREN'S HOSPITAL LOS ANGELES
4650 SUNSET BLVD	LOS ANGELES	CA	90027	NONE	PC	SECURING THE FUTURE OF THE LAURA P. AND LELAND K. WHITTIER VPICU	$3,750,000
CSULA AUXILIARY SERVICES INC
1994 PASEO RANCHO CASTILLA	LOS ANGELES	CA	90032	NONE	PC	NURSING VIRTUAL-AND-AUGMENTED REALITY AND SIMULATION CENTER SUSTAINABILITY PLAN	$300,000
HUNTINGTON MEDICAL RESEARCH INSTITUTES (HMRI)
686 SOUTH FAIR OAKS AVENUE	PASADENA	CA	91105	NONE	PC	AGEING RESEARCH PROGRAM	$2,000,000
J DAVID GLADSTONE INSTITUTE
1650 OWENS STREET	SAN FRANCISCO	CA	94158	NONE	PC	STEM CELL RESEARCH BY DR. YAMANAKA AND DR. SRIVASTAVA	$3,000,000
MOUNT SAINT MARY'S UNIVERSITY
12001 CHALON ROAD	LOS ANGELES	CA	90049	NONE	PC	NURSING STUDENT SCHOLARSHIPS	$100,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$13,150,000	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	J DAVID GLADSTONE INSTITUTE	BusinessNameLine1Txt

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	1650 OWENS STREET	AddressLine1Txt
City	SAN FRANCISCO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94158	ZIPCd

Field	Value	IRS element (for citing)
Recipient Relationship	NONE	RecipientRelationshipTxt
Recipient Foundation Status	PC	RecipientFoundationStatusTxt
Grant Or Contribution Purpose	STEM CELL RESEARCH, FACULTY RECRUITMENT, AND NAMED DIRECTORSHIP	GrantOrContributionPurposeTxt
Amt	$27,000,000	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$27,000,000	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$9,034	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$107,821	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$6,696,522	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDesc	ExclusionExclusionCd	ExclusionExclusionAmt
OTHER INCOME	01	$10,116
TAX BENEFIT	01	$34,319

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$6,857,812	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$6,857,812	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ACCOUNTING FEES	$14,200	$3,550	$0	$10,650
TAX PREPARATION FEES	$9,250	$2,313	$0	$6,937

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (14 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
5,000 UNITS BK OF AMERICA CORP 5.375 DP PFD KK	$112,400	$112,400
3,000 UNITS FIRST REP BK SAN FRANCISCO 5.50% NCUM PFD I	$69,480	$69,480
20,000 UNITS JPMORGAN CHASE & CO 5.75% SHS PFD DD	$491,000	$491,000
26,250 UNITS JPMORGAN CHASE & CO 6 DEP NCM PFD EE	$657,562	$657,562
5,000 UNITS US BANCORP DEL DEP PERP PFD K	$120,700	$120,700
25,000 UNITS CITIGROUP INC PRFD 5.90%12/31/99	$25,417	$25,417
25,000 UNITS FORD MOTOR CREDIT COMPANY NOTE 5.125% 6/16/25	$24,937	$24,937
10,000 UNITS OCCIDENTAL PETE CORP NOTE 3.400% 4/15/26	$9,525	$9,525
25,000 UNITS ALTRIA GROUP INC NOTE 4.8% 2/14/2029	$24,783	$24,783
25,000 UNITS D R HORTON INC NOTE 1.300% 10/15/2026	$22,176	$22,176
25000 UNITS MORGAN STANLEY MTNF 5.000% 11/24/25	$25,680	$25,680
25000 UNITS ORACLE CORP NOTE 3.25% 11/15/27	$23,297	$23,297
25000 UNITS PNC FIN 6 04/26/2050	$24,843	$24,843
70 UNITS PGIM SHORT DUR HIG YLD OPP F COM	$1,136	$1,136

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (81 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
165 UNITS CITIGROUP INC PRFD 5.900%12/31/99	$4,376	$4,376
300 UNITS DOUBLELINE INCOME SOLUTIONS COM	$4,059	$4,059
105 UNITS ISHARES MORTGAGE - BACKED INV. GRADE	$10,300	$10,300
132 UNITS NUVEEN QUALITY PFD INCOME FD COM	$1,023	$1,023
7 UNITS NUVEEN MORTGAGE AND INCOME F COM	$89	$89
345 UNITS SPDR SERIES TRUST BARC CAPTL ETF	$10,309	$10,309
425 UNITS SPDR SER TR PORTFOLIO HIGH YLD	$10,226	$10,226
88 UNITS AMERICAN TOWER CORP NEW COM	$21,209	$21,209
55 UNITS 3M CO	$7,932	$7,932
194 UNITS ABBOTT LABS COM	$22,019	$22,019
66 UNITS ACCENTURE PLC IRELAND SHS CLASS A	$19,824	$19,824
38 UNITS ADOBE SYS INC COM	$15,046	$15,046
587 UNITS AES CORP COM	$11,986	$11,986
115 UNITS AIRBNB IN COM CL A	$17,619	$17,619
41 UNITS ALPHABET INC CL C	$94,272	$94,272
29 UNITS AMAZON COM INC COM	$72,083	$72,083
59 UNITS AMERICAN ELEC PWR INC COM	$5,847	$5,847
80 UNITS AMPHENOL CORP NEW CL A	$5,720	$5,720
812 UNITS APPLE COMPUTER INC COM	$128,012	$128,012
34 UNITS APPLIED MATLS INC COM	$3,752	$3,752
99 UNITS APTIV PLC SHS	$10,534	$10,534
24 UNITS ASML HOLDING N V N Y REGISTRY SHS	$13,530	$13,530
107 UNITS BERKSHIRE HATHAWAY INC DEL CL B NEW	$34,543	$34,543
13 UNITS BLACKROCK INC CL A	$8,121	$8,121
173 UNITS BLACKSTONE GROUP INC COM CL A	$17,572	$17,572
42 UNITS BLOCK IN CL A	$4,181	$4,181
43 UNITS BROADCOM INC	$23,839	$23,839
135 UNITS CHEVRON CORP COM	$21,150	$21,150
272 UNITS CITIGROUP INC COM NEW	$13,113	$13,113
43 UNITS CME GROUP INC COM	$9,432	$9,432
304 UNITS COMCAST CORP	$12,087	$12,087
29 UNITS COSTCO WHSL CORP NEW COM	$15,420	$15,420
123 UNITS CVS CORP COM	$11,824	$11,824
69 UNITS DANAHER CORP DEL COM	$17,328	$17,328
170 UNITS DISNEY WALT CO COM DISNEY	$18,977	$18,977
150 UNITS EATON CORP PLC SHS	$21,753	$21,753
54 UNITS ELEVANCE HEALTH INC	$27,104	$27,104
199 UNITS EOG RES INC COM	$23,235	$23,235
72 UNITS FIRST REP BK SAN FRANCISCO C COM	$10,744	$10,744
212 UNITS FORTIVE CORP COM	$12,190	$12,190
49 UNITS GOLDMAN SACHS GROUP INC COM	$14,969	$14,969
145 UNITS HONEYWELL INTL INC COM	$28,059	$28,059
21 UNITS INTUIT COM	$8,794	$8,794
61 UNITS IQVIA HLDGS INC COM	$13,297	$13,297
289 UNITS J P MORGAN CHASE & CO COM	$34,495	$34,495
130 UNITS JOHNSON & JOHNSON COM	$23,460	$23,460
67 UNITS KEYSIGHT TECHNOLOGIES INC COM	$9,398	$9,398
419 UNITS KINDER MORGAN INC DEL COM	$7,605	$7,605
46 UNITS LAUDER ESTEE COS INC CL A	$12,147	$12,147
80 UNITS LINDE PLC SHS	$24,957	$24,957
106 UNITS MARSH & MCLENNAN COS INC COM	$17,140	$17,140
255 UNITS MERCK & CO INC COM	$22,616	$22,616
122 UNITS META PLATFORMS INC CL A	$24,457	$24,457
414 UNITS MICROSOFT CORP COM	$114,893	$114,893
144 UNITS MONDELEZ INTL INC CL A	$9,285	$9,285
247 UNITS NIKE INC CL B	$30,801	$30,801
138 UNITS NORFOLK SOUTHERN CORP COM	$35,587	$35,587
248 UNITS NVIDIA CORP COM	$45,997	$45,997
18 UNITS O REILLY AUTOMOTIVE INC NEW COM	$10,918	$10,918
92 UNITS PEPSICO INC COM	$15,797	$15,797
253 UNITS PFIZER INC COM	$12,415	$12,415
116 UNITS PHILIP MORRIS INTL INC COM	$11,600	$11,600
59 UNITS PROCTER & GAMBLE CO COM	$9,472	$9,472
138 UNITS RAYTHEON TECHNOLOGIES CORP COM	$13,097	$13,097
32 UNITS S&P GLOBAL INC.	$12,048	$12,048
37 UNITS SALESFORCE COM INC COM	$6,510	$6,510
27 UNITS SERVICENOW INC COM	$12,909	$12,909
81 UNITS SHERWIN WILLIAMS CO COM	$22,272	$22,272
89 UNITS SPDR SERIES TRUST S&P BIOTECH	$6,570	$6,570
276 UNITS STARBUCKS CORP COM	$20,601	$20,601
73 UNITS TEXAS INSTRS INC COM	$12,428	$12,428
53 UNITS THERMO FISHER SCIENTIFIC INC COM	$29,305	$29,305
412 UNITS TJX COS INC NEW COM	$25,247	$25,247
305 UNITS TRUIST FINL CORP COM	$14,747	$14,747
55 UNITS UNITED RENTALS INC COM	$17,409	$17,409
49 UNITS UNITEDHEALTH GROUP INC COM	$24,919	$24,919
217 UNITS VALERO ENERGY CORP NEW COM	$24,191	$24,191
129 UNITS VERIZON COMMUNICATIONS COM	$5,973	$5,973
276 UNITS VISA INC COM CL A	$58,824	$58,824
0.50 UNITS TRIPADVISOR INC	$13	$13
0.41 UNITS SERITAGE GROWTH PPTYS CL A	$4	$4

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$114,839	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$114,839	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$0	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$0	StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (5 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
WHITTIER INTERNATIONAL FUND A, LP	FMV	$3,347,083	$3,347,083
WHITTIER CORPORATE AMERICA FUND, LP	FMV	$40,054,824	$40,054,824
WHITTIER SMID CAP FUND, LP	FMV	$11,649,217	$11,649,217
WHITTIER VALUE FUND A, LP	FMV	$6,766,053	$6,766,053
WHITTIER CORE FIXED INCOME FUND, LLC	FMV	$467,688	$467,688

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$2,000	LegalFeesAmt
Net Investment Income	$500	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$1,500	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
INTEREST & DIVIDENDS RECEIVABLE	$19,391	$22,814	$22,814
ACCRUED INTEREST PURCHASED	$6	$220	$220

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED LOSSES	Desc
Amt	$10,242,522	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INSURANCE	$725	$0	$0	$725
MISCELLANEOUS	$797	$0	$0	$797

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (7 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
CORPORATE AMERICA FUND, LP	$0	$189,868
WHITTIER INTERNATIONAL FUND A LP	$0	$75,829
WHITTIER SMID CAP FUND	$0	-$47,004
WHITTIER VALUE FUND A, LP	$0	$71,859
WHITTIER CORE FIXED INCOME FUND	$0	$10,980
OTHER INCOME	$10,116		$10,116
TAX BENEFIT	$34,319		$34,319

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
DEFERRED EXCISE TAX LIABILITY	$677,092	$534,721
FEDERAL EXCISE TAX LIABILITY	$0	$65,218

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	INVESTMENT MGMT FEES	CategoryTxt
Amt	$280,302	Amt
Net Investment Income	$70,076	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$210,226	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FILING FEES	$220	$0	$0	$0
FOREIGN TAXES	$55	$55	$0	$0