2020-07-13T12:29:58-07:00 2019-12-31 371420474 Fontanello Duffield & Otake LLP 44 Montgomery Street Suite 1305 San Francisco CA 94104 990PF 2019-01-01 462014396 Scully Memorial Foundation SCUL 4153842288 591 Redwood Highway Mill Valley CA 94941 John Scully President 2020-07-13 false Carol Duffield P01257136 4159830200 2019 2022-09-23 18:48:47Z X 745115616 X 143000000 5788380 5788380 6579215 6579215 21835985 235614188 21835985 -1276 -1276 177202304 34202304 97500 97500 37500 37500 10901 10901 23297 23297 23800 23800 878927 878927 897542 133122 538982 534460 4522 2508449 1546509 197520 82547000 82547000 85055449 1546509 82744520 92146855 32655795 200199655 294113965 294113965 150924 37462600 13603700 13603700 2411370 69332789 69332789 49400143 53370292 53370292 337734932 313072321 313072321 1274084 1622549 1622549 628633708 745115616 745115616 146455 263231 14553541 10306317 14699996 10569548 X 613933712 613933712 734546068 628633708 745115616 613933712 92146855 28465501 734546068 734546068 Sale of Publicly Traded Securities P 2000-01-01 2019-12-31 235614188 211857884 23756304 23756304 Realized Gain from Investment Psps P 2000-01-01 2019-12-31 1920319 -1920319 -1920319 21835985 false 68755702 595190443 0.11552 43600977 536615495 0.08125 48155621 439758930 0.10951 17692939 305954315 0.05783 675392 186567338 0.00362 0.367725 0.073545 659168839 48478572 326558 48805130 82744520 X 326558 326558 326558 188424 188424 X 138134 false false false false false false false true true CA true false false false false true N/A Lori Kulvin Crawford 4153842288 591 Redwood Highway Ste 3250 Mill Valley CA 94941 false false false true true false false false false false false false false false false false true false false true false false false false John Scully 591 Redwood Highway Ste 3250 Mill Valley CA 94941 Pres/Dir 1.00 0 Ronald A Cohan 591 Redwood Highway Ste 3250 Mill Valley CA 94941 Director 1.00 0 Eli Weinberg 591 Redwood Highway Ste 3250 Mill Valley CA 94941 Director 1.00 0 Lori Kulvin Crawford 591 Redwood Highway Ste 3250 Mill Valley CA 94941 CFO/Sec'tary 10.00 97500 NONE NONE 334820890 251891421 82494632 669206943 0 669206943 10038104 659168839 32958442 32958442 326558 326558 32631884 32631884 32631884 82744520 82744520 326558 82417962 32631884 19550314 16948270 39194410 75692994 82744520 0 32631884 50112636 125805630 0 125805630 19550314 16948270 39194410 50112636 X KIPP Bay Area Schools 1404 Franklin Street Ste 500 Oakland CA 94612 N/A PC General Support 200000 Making Waves Academy 3045 Research Drive Richmond CA 94806 N/A PC General Support 5900000 Horatio Alger Association 99 Canal Center Plaza Ste 320 Alexandria VA 22314 N/A PC General Support 50000 Making Waves Foundation 3045 Research Drive Richmond CA 94806 N/A POF Construction 63780000 Making Waves Foundation 3045 Research Drive Richmond CA 94806 N/A POF General Support 12600000 Starcross Monastic Community 34500 Annapolis Road Annapolis CA 95412 N/A PC General Support 7000 Vietnam Foundation 500 Fifth Street NW Washington DC 20001 N/A PC General Support 10000 82547000 14 5788380 14 6579215 18 21835985 Other Investment Income 14 526 Partnership Income 14 -1802 34202304 34202304 false false false false false false false false false false X X 1 Scully 1994 Family Trust No 2 591 Redwood Highway Ste 3250 Mill Valley CA 94941 143000000 X Accounting Fees 23800 0 0 23800 Making Waves Foundation 3045 Research Drive Richmond CA 94806 2019-01-01 76380000 Construction and General Support 76380000 No Various 2019-12-31 Making Waves Foundation has expended all of the funds granted in 2019. The expenses were verified by reports provided by the recipient. No portion of the funds were diverted from the purpose of the grant(s) to the knowledge of the grantor. American Express Co Sr 3.0% DTD 2/22/19 1011790 1011790 Amgen Inc. 3.625% DTD 5/15/12 401950 401950 Apple Inc SR Var Rt 2/9/17 655356 655356 Citigroup Inc 2.35% DTD 8/2/16 452660 452660 Goldman Sachs Group Inc 2.350% DTD 9/27/ 903366 903366 Morgan Stanley MTB 2.625% DTD 11/17/16 1365768 1365768 ABBVIE INC 2.500% DTD 05/14/15 1502250 1502250 American Tower Corp 2.8% DTD 5/7/15 100287 100287 Autodesk 3.125% DTD 06/05/15 250805 250805 BP CAPITAL MKT PLC 2.315% DTD 02/13/15 1500330 1500330 Broadcom CRP 2.2% DTD 2/14/18 500300 500300 Campbell Soup Co 3.3% DTD 11/17/16 811712 811712 CATERPILLAR FINL SVC 2.1 DTD 1/12/17 1000020 1000020 Charter Communication 3.579% DTD 7/23/16 503175 503175 CHEVRON CORP 2.419% DTD 11/17/2015 1506585 1506585 Constellation Brands Inc 2.7% DTD 5/9/17 404852 404852 EOG RESOURCES INC 4.4% DTD 05/20/10 978612 978612 Ford Motor Credit Co 2.459% DTD 3/27/15 750225 750225 General Motors Fincl 3.2% DTD 7/13/15 502280 502280 KRAFT HEINZ FOODS CO 2.800% DTD 7/2/16 194307 194307 Marriott International 2.3% DTD 6/10/16 602610 602610 Molson Coors Brewing Co .25% DTD 9/15/17 184920 184920 Regions Financial Corp 3.2% DTD 2/8/16 809888 809888 Zimmer Holdings Inc. 2.7% DTD 3/19/15 550352 550352 Abbvie inc Sr NTS 3.375% DTD 9/13/16 1025680 1025680 Alibaba Group Holdings 3.125% DTD 11/25/ 815816 815816 American Intl Group 3.3% DTD 2/26/16 557903 557903 American Tower Corp 3.45% DTD 8/7/14 869312 869312 AT&T Inc 3.2% DTD 2/9/17 511955 511955 AT&T Inc Sr NTS 3.0% DTD 5/04/15 532316 532316 BBVA USA (prev: Compass Bank) Sr Notes 3 1017120 1017120 Beam Inc 3.25% DTD 5/21/12 815552 815552 Becton Dickinson & Co Sr NTS 2.894% DTD 304857 304857 Boston Scientific Corp 3.375% DTD 5/12/1 774150 774150 Broadcom CRP/CaymN 3.0% DTD 2/14/18 1014400 1014400 Canadian Natl Resources 3.45% 11/16/11 1034957 1034957 Capital One NA 2.25% DTD 9/13/16 251058 251058 Capitol One Financial Co 4.34% 7/19/111 780893 780893 Cardinal Health Inc. 2.616% DTD 6/12/17 1009770 1009770 Celgene Corp 3.55% DTD 8/12/15 681437 681437 Cigna Corp 144A 3.9% DTD 10/11/19 1035250 1035250 Citibank NA Var Rt 5/22/19 752805 752805 CVS Health Corp 2.125% DTD 5/25/16 1001510 1001510 Eastman Chem Co Sr NTS 3.5% DTD 11/6/18 823444 823444 Ebay Inc 3.8% DTD 3/9/16 869064 869064 Enterprise Products Oper 4.05% 8/24/11 1042090 1042090 Ford Motor Credit Co 3.219% DTD 1/9/15 352447 352447 Goldman Sachs Group Inc 3% DTD 1/26/17 961685 961685 HP Enterprise Co Sr NTS VAR Rate DTD 9/1 150019 150019 Interpublic Group Cos SR 3.75% 9/21/18 513780 513780 Keurig Dr Pepper Snapple Group 2.53% DTD 1006320 1006320 Kinder Morgan/El Paso Pipeline Part 5% 833720 833720 Kraft Heinz Foods Co 3.375% DTD 6/15/18 1017560 1017560 Lyondellbasell Ind 6% DTD 5/15/12 849624 849624 McKesson Corp Sr NTS 3.65% DTD 11/30/18 1013910 1013910 Mizuho Financial Group 100.5676 DTD 9/11 1008420 1008420 Moody's Corp Sr NTS 3.25% DTD 6/7/18 651674 651674 Netapp Inc 3.375% DTD 6/5/14 914823 914823 ONEOK Partners LP 3.375% DTD 9/13/12 1244715 1244715 Phillips 66 4.3% DTD 10/1/12 1573935 1573935 Republic Services Inc 5.25% DTD 8/2/10 1060430 1060430 Rockwell Collins Inc. 2.8% DTD 4/10/17 813744 813744 Truist/Suntrust Bk 100.2987 DTD7/26/18 501565 501565 Verizon Communications 101.5865 3/16/17 1423394 1423394 Wellpoint Inc 3.7% DTD 8/15/11 1022960 1022960 William Partners LP 3.6% DTD 3/3/15 1233408 1233408 Zions Bancorp NA Sr NTS 3.35% DTD 3/4/19 256420 256420 Liberty Global PLC 11730069 11730069 Allstate Corp 1081804 1081804 American Equity Investment 530450 530450 Aspen Insurance Hldg Ltd 855302 855302 Athene Holding Ltd 496353 496353 Bank of America Corp DTD 10/23/14 3626325 3626325 Capital One Finl Co DTD 5/14/15 2095705 2095705 Centerpoint Energy Inc DTD 8/22/18 1491075 1491075 Citigroup Inc DTD 4/25/16 3158914 3158914 Citigroup Inc DTD 12/13/12 435625 435625 Citizens Financial Group 538783 538783 Discover Finl Svcs DTD 10/31/17 1816425 1816425 Fifth Third Bancorp 1620249 1620249 General Electric Co DTD 1/20/16 1322271 1322271 General Motors Finl Co DTD 9/20/17 2152012 2152012 Goldman Sachs Group DTD 4/23/15 1189535 1189535 Goldman Sachs Group DTD 6/17/19 1567550 1567550 Goldman Sachs Group DTD 7/27/16 1397500 1397500 Keycorp Var Rt Perp DTD 9/9/16 2077461 2077461 Metlife Inc DTD 6/1/15 2309366 2309366 Morgan Stanley 2202255 2202255 Morgan Stanley 806507 806507 PNC Financial Svc DTD7/27/11 1704671 1704671 Progressive Corp DTD 3/14/18 698888 698888 Regions Financial Corp 266210 266210 Regions Financial Corp 2025914 2025914 St Str Corp DTD 5/21/15 1886883 1886883 State Street Corp 774784 774784 Truist Fin Corp DTD 7/29/19 1511875 1511875 Truist Fin Corp DTD 12/9/19 1428000 1428000 US Bancorp 1031469 1031469 US Bancorp DTD 11/23/15 1490919 1490919 Voya Financial Inc 1067589 1067589 Wells Fargo & Co DTD 1/23/15 3137250 3137250 Vail Resorts 6156676 6156676 Voya Financial Inc DTD 9/12/18 1650125 1650125 13603700 13603700 Bloom Tree Offshore Fd Ltd FMV 7342218 7342218 Bluemountain Credit Alt Fund FMV 2099345 2099345 Bridgewater Prvt Invst Offshr FMV 7631811 7631811 Eton Park Overseas Fd Ltd FMV 7500 7500 Goldentree Offshore Fd Ltd FMV 177263 177263 JPM Inflation Mgd Bd Fd FMV 12502119 12502119 Miura Global Fd Ltd FMV 7176795 7176795 Monarch Debt Recovry Fd Ltd FMV 7083164 7083164 OCH-ZIFF OZOFII Pvt Inv FMV 7652660 7652660 Taconic Opp Offshore Fd FMV 7419832 7419832 Third Pt Offshore Fd Ltd FMV 7357183 7357183 Vanguard FTSE Dev Mkt FMV 29890348 29890348 Vanguard FTSE Emrg Mkt FMV 15384619 15384619 Vanguard MID-CAP ETF FMV 45907899 45907899 Winton Ftrs Fd Ltd FMV 7433422 7433422 Matthews Pacific Tiger Inst FMV 13516278 13516278 iShares Russell 2000 ETF FMV 11669132 11669132 Aristeia International Ltd FMV 6116875 6116875 Mariner Atlantic Ltd FMV 6718626 6718626 PFM Healthcare Offshore Fd FMV 6557785 6557785 CRP VIII FMV 840208 840208 Artisan International Fund FMV 13629174 13629174 Artisan Intl Value Fd FMV 20205132 20205132 Fidelity 500 Index Fd FMV 56753567 56753567 iShares MSCI India FMV 2794425 2794425 The Canyon Value Realization Fund FMV 9175990 9175990 SPO Partners & Co Liquidating Trust-Endw FMV 17445 17445 SPO Partners & Co Liquidating Trust FMV 11506 11506 Legal Fees 23297 0 0 23297 Accrued Interest/Dividends 1236578 1582402 1582402 Purchased Interest 37506 40147 40147 Bank Fees 7191 7191 Dividends paid on Short Positions 522881 522881 Fees and Licenses 4388 4388 Insurance 4158 4158 Payroll Service 349 349 Postage & Delivery 15 15 Other Investment Income 526 526 Partnership Income -1802 -1802 Deferred Excise Tax 108184 546046 Short Positions 14445357 9622137 Excise Tax Payable 138134 Investment Management Fees 878927 878927 0 0 Deferred Excise Tax 437862 Excise Tax 326558 Foreign Tax W/H 133122 133122