CARL AND ROBERTA DEUTSCH FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: CARL AND ROBERTA DEUTSCH FOUNDATION (EIN 95-4610378)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-11-16
IRS object ID: 202043219349106659
Schema version: 2019v5.1
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
Schedule B
Accounting Fees Schedule
Applied To Prior Year Election
General Explanation Attachment
Investments Other Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Liabilities Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-11-16T17:18:45-06:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	861065772	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	DELOITTE TAX LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	695 TOWN CENTER DRIVE SUITE 1200	AddressLine1Txt
City	COSTA MESA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92626	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2019-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	954610378	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CARL & ROBERTA DEUTSCH FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CARL	BusinessNameControlTxt
Phone	3104530055	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2444 WILSHIRE BLVD NO 600	AddressLine1Txt
City	SANTA MONICA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90403	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	CARL DEUTSCH	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	3104530055	PhoneNum
Signature	2020-11-16	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JESSICA KARANTONIS	PreparerPersonNm
PTIN	P00969387	PTIN
Phone	7144367100	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	96.236.213.138	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-11-16	IPDt
IP Tm	13:20:23	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	FF5C74EC37987D2ED43DAAF37253ECFF9529766D	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2021-04-22 16:20:28Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$158,805,892	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$7,854,533	ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss	$438,659	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$438,659	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$1,514,217	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$47,867,207	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$6,270,808	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$0	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$1,658,418	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$9,807,409	TotalRevAndExpnssAmt
Total Net Invst Incm	$8,367,885	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$210,817	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$0	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$210,817	OthEmplSlrsWgsDsbrsChrtblAmt
Legal Fees Rev And Expnss	$3,680	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$3,680	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$166,300	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$166,300	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$651,960	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$238,964	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$412,996	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$456,574	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$5,030	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$18,259	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$18,259	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$50,273	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$668,311	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$50,273	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$1,557,863	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$912,305	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$862,325	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$7,027,430	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$7,027,430	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$8,585,293	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$912,305	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$7,889,755	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$1,222,116	ExcessRevenueOverExpensesAmt
Net Investment Income	$7,455,580	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$175,326	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$681,149	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$681,149	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl	$168,989	AcctRcvblAmt
Acct Rcvbl BOY	$55,443	AcctRcvblBOYAmt
Acct Rcvbl EOY	$168,989	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$168,989	AcctRcvblEOYFMVAmt
Other Investments BOY	$133,161,289	OtherInvestmentsBOYAmt
Other Investments EOY	$155,225,427	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$155,225,427	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$6,389,960	OtherAssetsBOYAmt
Other Assets EOY	$2,730,327	OtherAssetsEOYAmt
Other Assets EOYFMV	$2,730,327	OtherAssetsEOYFMVAmt
Total Assets BOY	$139,782,018	TotalAssetsBOYAmt
Total Assets EOY	$158,805,892	TotalAssetsEOYAmt
Total Assets EOYFMV	$158,805,892	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$6,772,745	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$602,669	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$6,772,745	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$602,669	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$133,009,273	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$158,203,223	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$133,009,273	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$158,203,223	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$139,782,018	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$158,805,892	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$133,009,273	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$1,222,116	ExcessRevenueOverExpensesAmt
Other Increases	$23,971,834	OtherIncreasesAmt
Subtotal	$158,203,223	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$158,203,223	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
CAPITAL GAINS FROM PUBLICLY TRADED SECURITIES	P	$42,630,628	$42,408,694	$221,934	$221,934
CAPITAL GAINS FROM PUBLICLY TRADED SECURITIES	D	$5,236,579	$799,382	$4,437,197	$4,437,197
CAPITAL GAINS FROM PARTNERSHIPS	P			$1,611,677	$1,611,677

Field	Value	IRS element (for citing)
Capital Gain Net Income	$6,270,808	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$6,588,306	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$132,720,117	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.049641	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$6,817,259	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$126,865,505	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.053736	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$6,016,062	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$115,751,717	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.051974	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$6,355,083	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$122,771,195	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.051764	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$6,346,569	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$126,197,861	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.050291	DistributionYr5Rt
Total Distribution	0.257406	TotalDistributionRt
Average Distribution	0.051481	AverageDistributionRt
Net Vl Noncharitable Assets	$137,953,140	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$7,101,966	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$74,556	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$7,176,522	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$7,889,755	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$74,556	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$74,556	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$74,556	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$107,576	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$25,000	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$132,576	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$0	EsPenaltyAmt
Overpayment	$58,020	OverpaymentAmt
Applied To ES Tax	$58,020	AppliedToESTaxAmt
Refund	$0	RefundAmt

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	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
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	WILLIAM HOLLER	IndividualWithBooksNm
Phone	3104530055	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	2444 WILSHIRE BLVD SUITE 600	AddressLine1Txt
City	SANTA MONICA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90403	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	Yes (1)	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	Yes (1)	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (1)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	0	ActsFailToQlfyAsExceptionsInd
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 (3 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
CARL DEUTSCH
2444 WILSHIRE BLVD SUITE 600	SANTA MONICA	CA	90403	PRESIDENT	1.00	$0	$0	$0
KRISTINA DEUTSCH
2444 WILSHIRE BLVD SUITE 600	SANTA MONICA	CA	90403	SECRETARY	1.00	$0	$0	$0
WILLIAM E HOLLER
2444 WILSHIRE BLVD SUITE 600	SANTA MONICA	CA	90403	VP/TREAS	1.00	$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 (5 entries)

Address Line1USAddress/AddressLine1Txt	Address Line2USAddress/AddressLine2Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
ANGELES INVESTMENT ADVISORS LLC
429 SANTA MONICA BOULEVARD SUITE	650	SANTA MONICA	CA	90401	INVESTMENT MANAGEMENT	$238,128
JMC PHILANTHROPIC ADVISORS
2444 WILSHIRE BOULEVARD SUITE 622		SANTA MONICA	CA	90403	CONSULTING	$210,000
DELOITTE & TOUCHE LLP
555 W 5TH STREET SUITE 2700		LOS ANGELES	CA	90013	PROFESSIONAL FEES	$90,700
BLUE GARNET
8055 WEST MANCHESTER AVENUE SUITE	430	LOS ANGELES	CA	90293	CONSULTING	$80,188
DELOITTE TAX LLP
555 W 5TH STREET SUITE 2700		LOS ANGELES	CA	90013	PROFESSIONAL FEES	$75,600

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	$136,592,697	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$561,936	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$2,899,316	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$140,053,949	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$140,053,949	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$2,100,809	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$137,953,140	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$6,897,657	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$6,897,657	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$74,556	TaxBasedOnInvestmentIncomeAmt
Total Tax	$74,556	TotalTaxAmt
Distributable Before Adj	$6,823,101	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$6,823,101	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$6,823,101	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$7,889,755	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$7,889,755	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$74,556	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$7,815,199	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$6,823,101	DistributableAsAdjustedAmt
Undistributed Income PY	$2,827,204	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$7,889,755	QualifyingDistributionsAmt
Applied To Year1	$2,827,204	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$5,062,551	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$0	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$1,760,550	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	CARL DEUTSCH	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (90 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
24TH STREET THEATRE COMPANY
1117 WEST 24TH STREET	LOS ANGELES	CA	90007	NONE	PC	ARTS EDUCATION	$40,000
ADVANCEMENT PROJECT
1910 WEST SUNSET BOULEVARD 500	LOS ANGELES	CA	90026	NONE	PC	SOCIAL SERVICES	$5,000
ADVANCEMENT THROUGH OPPORTUNITY AND KNOWLEDGE
1200 WEST 37TH PLACE	LOS ANGELES	CA	90007	NONE	PC	YOUTH DEVELOPMENT	$100,000
ALLIANCE FOR COLLEGE-READY PUBLIC SCHOOLS
601 SOUTH FIGUEROA STREET 4TH FLOOR	LOS ANGELES	CA	90017	NONE	PC	EDUCATION	$2,000
ASSISTANCE LEAGUE OF LOS ANGELES
826 COLE AVENUE	LOS ANGELES	CA	90038	NONE	PC	SOCIAL SERVICES	$1,000
BRIGHT PROSPECT SCHOLAR SUPPORT
1460 EAST HOLT AVENUE SUITE 74	POMONA	CA	91767	NONE	PC	YOUTH DEVELOPMENT	$130,000
CALIFORNIA COMMUNITY FOUNDATION
221 SOUTH FIGUEROA STREET SUITE 400	LOS ANGELES	CA	90012	NONE	PC	COMMUNITY IMPROVEMENT	$330,000
CALIFORNIA HWY PATROL 11-99 FOUNDATION
2244 NORTH STATE COLLEGE BOULEVARD	FULLERTON	CA	92831	NONE	PC	FAMILY SUPPORT	$1,000
CALIFORNIA WILDLIFE CENTER
PO BOX 2022	MALIBU	CA	90265	NONE	PC	WELFARE	$5,000
CATHOLIC CHARITIES OF LOS ANGELES
1531 JAMES M WOOD BOULEVARD	LOS ANGELES	CA	90015	NONE	PC	COMMUNITY DEVELOPMENT	$75,000
CENTER FOR NONVIOLENT EDUCATION AND PARENTING
1000 SUNSET BOULEVARD 201	LOS ANGELES	CA	90012	NONE	PC	EDUCATION	$75,000
CHILDREN'S BUREAU
1910 MAGNOLIA AVENUE	LOS ANGELES	CA	90007	NONE	PC	YOUTH DEVELOPMENT	$100,000
CHILDREN'S INSTITUTE INC
2121 WEST TEMPLE STREET	LOS ANGELES	CA	90026	NONE	PC	YOUTH DEVELOPMENT	$100,000
CHILDREN'S LIFESAVING FOUNDATION
1112 MONTANA AVENUE	SANTA MONICA	CA	90403	NONE	PC	YOUTH DEVELOPMENT	$1,000
CHRYSALIS CENTER
522 SOUTH MAIN STREET	LOS ANGELES	CA	90012	NONE	PC	HEALTH	$87,000
CITY OF HOPE
1055 WILSHIRE BOULEVARD	LOS ANGELES	CA	90017	NONE	PC	HEALTH	$10,000
COACHART
312 ARIZONA AVENUE	SANTA MONICA	CA	90401	NONE	PC	YOUTH DEVELOPMENT	$3,000
COALITION FOR RESPONSIBLE COMMUNITY DEVELOPMENT
3101 SOUTH GRAND AVENUE	LOS ANGELES	CA	90007	NONE	PC	COMMUNITY DEVELOPMENT	$150,000
COMMUNITY COALITION FOR SUBSTANCE ABUSE AND PREVENTION TREATMENT
8101 SOUTH VERMONT AVENUE	LOS ANGELES	CA	90044	NONE	PC	HEALTH	$25,000
COMMUNITY PARTNERS
1000 NORTH ALAMEDA STREET 240	LOS ANGELES	CA	90012	NONE	PC	WELFARE	$75,000
DOWNTOWN WOMEN'S CENTER
442 SOUTH SAN PEDRO STREET	LOS ANGELES	CA	90013	NONE	PC	SOCIAL SERVICES	$100,000
EDUCATION THROUGH MUSIC - LA
2501 WEST BURBANK BOULEVARD SUITE	BURBANK	CA	91505	NONE	PC	MUSIC EDUCATION	$100,000	301
ELEMENTAL STRINGS INC
1830 LINCOLN BOULEVARD ROOM 102	SANTA MONICA	CA	90404	NONE	PC	MUSIC EDUCATION	$1,000
EVERYCHILD FOUNDATION
PO BOX 1808	PACIFIC PALISADES	CA	90272	NONE	PC	EDUCATION	$12,000
EXCEPTIONAL CHILDREN'S FOUNDATION
8740 WASHINGTON BOULEVARD	CULVER CITY	CA	90232	NONE	PC	WELFARE	$35,000
FERNANDO PULLUM COMMUNITY ARTS CENTER
3351 WEST 43RD STREET	LOS ANGELES	CA	90008	NONE	PC	ARTS EDUCATION	$20,000
FIRST PLACE FOR YOUTH
426 17TH STREET NUMBER 100	OAKLAND	CA	94612	NONE	PC	YOUTH DEVELOPMENT	$30,000
FOSTERING MEDIA CONNECTIONS
412 WEST 6TH STREET SUITE 925	LOS ANGELES	CA	90014	NONE	PC	CHILD WELFARE	$60,000
FOUNDATION FOR CALIFORNIA COMMUNITY COLLEGES
1102 Q STREET SUITE 4800	SACRAMENTO	CA	95811	NONE	PC	EDUCATION	$100,000
FRIENDS OF CABRILLO MARINE AQUARIUM
3720 STEPHEN WHITE WAY	SAN PEDRO	CA	90731	NONE	PC	ANIMAL WELFARE	$10,000
FRIENDS OF MALIBU URGENT CARE CENTER
PO BOX 6836	MALIBU	CA	90264	NONE	PC	HEALTH	$10,000
FULCRUM ARTS
495 EAST COLORADO BOULEVARD	PASADENA	CA	91101	NONE	PC	ARTS EDUCATION	$130,000
GOODWILL INDUSTRIES OF SOUTHERN CALIFORNIA
342 NORTH SAN FERNANDO ROAD	LOS ANGELES	CA	90031	NONE	PC	WELFARE	$130,000
HATHAWAY-SYCAMORES CHILD AND FAMILY SERVICES
100 WEST WALNUT STREET	PASADENA	CA	91124	NONE	PC	SOCIAL SERVICES	$121,000
HEART OF LOS ANGELES YOUTH INC
2701 WILSHIRE BOULEVARD SUITE 100	LOS ANGELES	CA	90057	NONE	PC	YOUTH DEVELOPMENT	$50,000
HILLSIDES
5400 EAST OLYMPIC BOULEVARD 1ST	LOS ANGELES	CA	90022	NONE	PC	HEALTH	$100,000	FLOOR
HOMEBOY INDUSTRIES
130 WEST BRUNO STREET	LOS ANGELES	CA	90012	NONE	PC	COMMUNITY DEVELOPMENT	$355,000
IFOSTER
PO BOX 159	TRUCKEE	CA	96160	NONE	PC	YOUTH DEVELOPMENT	$100,000
IMAGINE LOS ANGELES
672 SOUTH LAFAYETTE PARK PLACE UNIT	LOS ANGELES	CA	90057	NONE	PC	HOMELESS SERVICES	$145,000	28
INNER-CITY ARTS
720 KOHLER STREET	LOS ANGELES	CA	90021	NONE	PC	ARTS EDUCATION	$95,000
JEWISH FREE LOAN ASSOCIATION
6505 WILSHIRE BOULEVARD 715	LOS ANGELES	CA	90048	NONE	PC	SOCIAL SERVICES	$5,000
JOVENES INC
1208 PLEASANT AVENUE	LOS ANGELES	CA	90033	NONE	PC	COMMUNITY SERVICES	$100,000
JUNIOR ACHIEVEMENT OF SOUTHERN CALIFORNIA INC
6250 FOREST LAWN DRIVE	LOS ANGELES	CA	90068	NONE	PC	YOUTH DEVELOPMENT	$50,000
JVS SOCAL
6505 WILSHIRE BOULEVARD SUITE 200	LOS ANGELES	CA	90048	NONE	PC	SOCIAL SERVICES	$125,000
LA'S BEST
200 NORTH SPRING STREET	LOS ANGELES	CA	90012	NONE	PC	YOUTH DEVELOPMENT	$50,000
LEADERSUP
PO BOX 862190	LOS ANGELES	CA	90086	NONE	PC	YOUTH DEVELOPMENT	$100,000
LONG BEACH DAY NURSERY
1548 CHESTNUT AVENUE	LONG BEACH	CA	90813	NONE	PC	YOUTH SERVICES	$250,000
LOS ANGELES CACA COMMUNITY ACTION
415 BAMBOO LANE	LOS ANGELES	CA	90012	NONE	PC	COMMUNITY DEVELOPMENT	$5,000
LOS ANGELES JEWISH HOME FOR THE AGING
7150 TAMPA AVENUE	RESEDA	CA	91335	NONE	PC	COMMUNITY WELFARE	$15,000
LOS ANGELES LGBT CENTER
1625 SCHRADER BOULEVARD	LOS ANGELES	CA	90028	NONE	PC	COMMUNITY SERVICES	$100,000
LOS ANGELES YOUTH NETWORK
1754 TAFT STREET	LOS ANGELES	CA	90028	NONE	PC	EARLY EDUCATION	$155,000
MAR VISTA FAMILY CENTER
5075 SOUTH SLAUSON AVENUE	CULVER CITY	CA	90230	NONE	PC	YOUTH DEVELOPMENT	$55,000
MOTHERS' CLUB FAMILY LEARNING CENTER
980 NORTH FAIR OAKS AVENUE	PASADENA	CA	91103	NONE	PC	SOCIAL SERVICES	$60,000
MY FRIENDS' PLACE
PO BOX 3867	HOLLYWOOD	CA	90078	NONE	PC	COMMUNITY DEVELOPMENT	$25,000
NATIONAL PHILANTHROPIC TRUST
165 TOWNSHIP LINE ROAD SUITE 1200	JENKINTOWN	PA	19046	NONE	PC	PHILANTHROPY	$100,000
OCEAN PARK COMMUNITY CENTER DBA THE PEOPLE CONCERN
2116 ARLINGTON AVENUE NUMBER 100	LOS ANGELES	CA	90018	NONE	PC	SOCIAL WELFARE	$2,500
ONE VOICE
1228 15TH STREET SUITE C	SANTA MONICA	CA	90404	NONE	PC	HUMAN SERVICES	$70,000
OREGON COMMUNITY FOUNDATION
1221 SOUTHWEST YAMHILL STREET 100	PORTLAND	OR	97205	NONE	PC	COMMUNITY IMPROVEMENT	$100,000
PS ARTS
6701 CENTER DRIVE SUITE 550	LOS ANGELES	CA	90045	NONE	PC	ARTS EDUCATION	$70,000
PACIFIC LEGAL FOUNDATION
555 CAPITAL MALL SUITE 350	SACRAMENTO	CA	95814	NONE	PC	EDUCATION	$50,000
PEOPLE ASSISTING THE HOMELESS
340 NORTH MADISON AVENUE	LOS ANGELES	CA	90004	NONE	PC	WELFARE	$100,000
POPSTHECLUBCOM INC
4160 LYCEUM AVENUE	LOS ANGELES	CA	90066	NONE	PC	YOUTH DEVELOPMENT	$25,000
PUBLIC COUNSEL
610 SOUTH ARDMORE AVENUE	LOS ANGELES	CA	90005	NONE	PC	HEALTH	$75,000
RAPE FOUNDATION
1223 WILSHIRE BOULEVARD 410	SANTA MONICA	CA	90403	NONE	PC	SOCIAL WELFARE	$140,000
REDF
TWO EMBARCADERO CENTER SUITE 650	SAN FRANCISCO	CA	94111	NONE	PC	SOCIAL SERVICES	$60,000
SAINT JOHN'S HOSPITAL HEALTH CENTER
2121 SANTA MONICA BOULEVARD	SANTA MONICA	CA	90404	NONE	PC	HEALTH	$75,000
SALVATION ARMY
906 SOUTH FRANCISCO STREET	LOS ANGELES	CA	90071	NONE	PC	SOCIAL WELFARE	$100,000
SANTA MONICA ARTS PARENTS ASSOCIATION
601 PICO BOULEVARD	SANTA MONICA	CA	90405	NONE	PC	ARTS EDUCATION	$1,000
SEAL-NSW FAMILY FOUNDATION
300 CARLSBAD VILLAGE DRIVE 108A-361	CARLSBAD	CA	92008	NONE	PC	MILITARY SUPPORT	$1,000
SHARE INCORPORATION
165 WEST 46TH STREET SUITE 712	NEW YORK	NY	10036	NONE	PC	HEALTH	$5,000
SOUTHERN CALIFORNIA GRANTMAKERS
1000 NORTH ALAMEDA STREET SUITE 230	LOS ANGELES	CA	90012	NONE	PC	SOCIAL SERVICES	$25,000
SOUTHERN CALIFORNIA PUBLIC RADIO
474 SOUTH RAYMOND AVENUE	PASADENA	CA	91105	NONE	PC	COMMUNICATION	$65,000
ST ANNE'S MATERNITY HOME
155 NORTH OCCIDENTAL BOULEVARD	LOS ANGELES	CA	90026	NONE	PC	WELFARE	$132,000
ST JOSEPH CENTER
204 HAMPTON DRIVE	VENICE	CA	90291	NONE	PC	WELFARE	$25,000
STEP UP ON SECOND STREET
1328 SECOND STREET	SANTA MONICA	CA	90401	NONE	PC	SOCIAL WELFARE	$330,000
STREET POETS
2116 ARLINGTON AVENUE SUITE 310	LOS ANGELES	CA	90018	NONE	PC	ARTS EDUCATION	$46,600
THE ALLIANCE FOR CHILDREN'S RIGHTS
3333 WILSHIRE BOULEVARD NUMBER 550	LOS ANGELES	CA	90010	NONE	PC	YOUTH DEVELOPMENT	$125,000
THE GABRIELLA FOUNDATION
639 SOUTH COMMONWEALTH AVENUE	LOS ANGELES	CA	90005	NONE	PC	ARTS EDUCATION	$105,000
THE PEDAGOGICAL INSTITUTE OF LOS ANGELES
PO BOX 26066	LOS ANGELES	CA	90026	NONE	PC	EDUCATION	$5,000
UCLA FOUNDATION
PO BOX 951784	LOS ANGELES	CA	90096	NONE	PC	HEALTH	$130,330
UCLA JONSSON CANCER CENTER FOUNDATION
PO BOX 951780	LOS ANGELES	CA	90095	NONE	PC	HEALTH	$120,000
UNION STATION HOMELESS SERVICES
825 EAST ORANGE GROVE BOULEVARD	PASADENA	CA	91104	NONE	PC	COMMUNITY DEVELOPMENT	$100,000
UNITE LA
350 SOUTH BIXEL STREET 200	LOS ANGELES	CA	90017	NONE	PC	EDUCATION	$10,000
UNITED FRIENDS OF THE CHILDREN
1055 WILSHIRE BOULEVARD SUITE 1955	LOS ANGELES	CA	90017	NONE	PC	YOUTH DEVELOPMENT	$110,000
UNITED STATES VETERANS INITIATIVE
800 WEST 6TH STREET SUITE 1505	LOS ANGELES	CA	90017	NONE	PC	WELFARE	$115,000
VENICE FAMILY CLINIC
604 ROSE AVENUE	VENICE	CA	90291	NONE	PC	HEALTH	$100,000
WAYFINDER FAMILY SERVICE
5300 ANGELES VISTA BOULEVARD	LOS ANGELES	CA	90043	NONE	PC	FAMILY SUPPORT	$80,000
WESTSIDE INFANT - FAMILY NETWORK
8611 WASHINGTON BOULEVARD	CULVER CITY	CA	90232	NONE	PC	SOCIAL SERVICES	$150,000
WILDWOOD SCHOOL
11811 WEST OLYMPIC BOULEVARD	LOS ANGELES	CA	90064	NONE	PC	EDUCATION	$50,000
WOODEN FLOOR FOR YOUTH MOVEMENT
1810 NORTH MAIN STREET	SANTA ANA	CA	92706	NONE	PC	YOUTH DEVELOPMENT	$115,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$7,027,430	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$438,659	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$1,514,217	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$1,952,876	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,952,876	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

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	CARL DEUTSCH	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	2444 WILSHIRE BOULEVARD	AddressLine1Txt
City	SANTA MONICA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90403	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$7,854,533	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd
Noncash Contribution	Yes (X)	NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Noncash Property	PUBLICLY TRADED STOCK	NoncashPropertyDesc
Fair Market Value	$5,254,533	FairMarketValueAmt
Received	2019-12-09	ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$166,300	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$166,300	DisbursementsCharitablePrpsAmt

Applied To Prior Year Election AppliedToPriorYearElection

Field	Value	IRS element (for citing)
Election	PURSUANT TO CODE SECTION 4942(H)(2) AND REG. SEC. 53.4942(A)-3(D)(2), THE CARL AND ROBERTA DEUTSCH FOUNDATION ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS COMING FROM PRIOR YEAR'S UNDISTRIBUTED INCOME AS FOLLOWS:12/31/2010: $17,400AUTHORIZED SIGNATURE	ElectionDesc

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

Medium ExplanationMediumExplanationTxt

PART VII-B, QUESTION 1(A)(3)

AELD, INC., A RELATED PARTY TO THE FOUNDATION, DONATED OFFICE SPACE AND ADMINISTRATIVE SERVICES IN THE AMOUNT OF $97,740 TO THE CARL & ROBERTA DEUTSCH FOUNDATION DURING 2019 AT NO CHARGE. THIS IS AN EXCEPTED ACT OF SELF-DEALING UNDER IRC SECTION 4941(D)(2)(C).

PART VII-B, QUESTION 1(A)(4)

DURING THE 2019 TAX YEAR, THE FOUNDATION PAID COMPENSATION IN THE AMOUNT OF $210,000 TO JANIS MINTON CONSULTING, INC. ("JMC"), A CORPORATION THAT IS WHOLLY OWNED BY ONE OF THE FOUNDATION'S DIRECTORS, JANIS MINTON. JMC PROVIDED (AND CONTINUES TO PROVIDE) SUBSTANTIAL CORE WORK FUNCTIONS FOR THE FOUNDATION, WHICH INCLUDE BUT ARE NOT LIMITED TO, GENERAL FOUNDATION LEADERSHIP AND MANAGEMENT DUTIES, OVERSIGHT AND MANAGEMENT OF THE FOUNDATION'S GRANTMAKING AND OPERATIONAL PLAN, FOUNDATION ADMINISTRATION, PROGRAM MANAGEMENT, BOARD OF DIRECTOR SUPPORT (INCLUDING MEETING FACILITATION), WORKING WITH LEGAL AND OTHER ADVISORS, AND PROVIDING TRAINING AND EDUCATION TO ADVISORY BOARD MEMBERS. JMC IS ADDITIONALLY RESPONSIBLE FOR PROGRAMMATIC ACTIVITIES THAT INCLUDE CREATING GRANT SYSTEMS, CONDUCTING DUE DILIGENCE, AND PROVIDING STRATEGIC DIRECTION.UPON ADVICE OF COUNSEL, THE FOUNDATION'S BOARD OF DIRECTORS (THE "BOARD") HAS DETERMINED THAT THE PAYMENTS TO JMC ARE PROPERLY CLASSIFIED AS PAYMENTS TO A DISQUALIFIED PERSON FOR PERSONAL SERVICES WITHIN THE MEANING OF TREAS. REG. 53.4941(D)-3(C) AND THEREFORE QUALIFY FOR THE EXCEPTION TO SELF-DEALING SET FORTH IN IRC 4941(D)(2)(E). JMC'S SERVICES ARE REASONABLE AND NECESSARY TO CARRY OUT THE FOUNDATION'S EXEMPT PURPOSES. THE FOUNDATION HAS OBTAINED A COMPENSATION STUDY FOR THE RELEVANT PERIOD THAT CONFIRMS THAT THE LEVEL OF COMPENSATION TO JMC IS WELL BELOW MARKET RATE FOR THE EXTENT OF SERVICES PROVIDED, AND IS THEREFORE REASONABLE AND NOT EXCESSIVE.

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (20 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
VANGUARD S&P 500 ETF	FMV	$3,372,120	$3,372,120
VANGUARD TOTAL INTERNTL STOCK ETF IV	FMV	$2,578,447	$2,578,447
SCHWAB US AGGREGATE BOND	FMV	$3,010,407	$3,010,407
VANGUARD PRIMECAP CORE	FMV	$2,850,464	$2,850,464
VANGUARD TOTAL INTL STK	FMV	$142,547	$142,547
VANGUARD 500 INDEX FD	FMV	$253,105	$253,105
PATHWAY PRIVATE EQUITY FUND - PRIVATE EQUITY INVESTMENT PARTNERSHIPS	FMV	$6,756,689	$6,756,689
ANGELES ABSOLUTE RETURN FUND - OFFSHORE HEDGE FUND VEHICLES	FMV	$20,773,813	$20,773,813
ANGELES GLOBAL EQUITY OPPORTUNITES FUND	FMV	$80,084,610	$80,084,610
LONE STAR REAL ESTATE FUND III	FMV	$375,752	$375,752
LONE STAR REAL ESTATE FUND IV	FMV	$899,217	$899,217
SCULPTOR REAL ESTATE PARALLEL FUND III B, LP	FMV	$1,181,328	$1,181,328
HARBOURVEST PARTNERS - DOVER STREET VIII	FMV	$1,942,431	$1,942,431
HARBOURVEST GLOBAL ANNUAL PRIVATE EQUITY FUND LP	FMV	$6,550,159	$6,550,159
PORTFOLIO ADVISORS REAL ESTATE FUND V, LP	FMV	$1,082,485	$1,082,485
BROOKFIELD CAPITAL PARTNERS FUND IV	FMV	$2,166,228	$2,166,228
ANGELES PRIVATE MARKETS FUND 1, LP	FMV	$3,098,036	$3,098,036
ANGELES PRIVATE MARKETS FUND 2, LP	FMV	$4,280,514	$4,280,514
ANGELES PRIVATE MARKETS FUND 3, LP	FMV	$580,494	$580,496
ANGELES DIVERSIFIED INCOME FUND	FMV	$13,246,581	$13,246,579

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$3,680	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$3,680	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
ADVANCE SUBSCRIPTION RECEIVABLES	$6,389,960	$0	$0
PENDING TRADE SETTLEMENT	$0	$2,730,327	$2,730,327

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
POSTAGE & COURIER	$5,333	$0	$5,333
INSURANCE	$1,509	$0	$1,509
OFFICE SUPPLIES	$8,855	$0	$8,855
CHECKING ACCOUNT FEES	$391	$0	$391
PARKING	$6,126	$0	$6,126
PAYROLL PREP FEE	$1,763	$0	$1,763
TELEPHONE	$10,675	$0	$10,675
HALO PROGRAM	$10,602	$0	$10,602
MISCELLANEOUS EXPENSES	$2,049	$0	$2,049
PARTNERSHIP EXPENSES	$0	$668,311	$0
OFFICE PLANTS	$2,970	$0	$2,970

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	PARTNERSHIP INCOME	Desc
Net Investment Income	$1,658,418	NetInvestmentIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	NET UNREALIZED GAIN (LOSS)	Desc
Amt	$23,971,834	Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
DEFERRED TAX LIABILTY	$382,785	$602,669
DUE TO BROKER	$6,389,960	$0

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
CONSULTING	$290,188	$0	$290,188
INVESTMENT EXPENSE	$238,964	$238,964	$0
OTHER PROFESSIONAL FEES	$122,808	$0	$122,808

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAXES	$0	$5,030	$0
TAX PROVISION	$456,574	$0	$0