ROBERT & RUTH HALPERIN FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: ROBERT & RUTH HALPERIN FOUNDATION (EIN 94-3334424)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-11-14
IRS object ID: 202503189349104720
Schema version: 2024v5.2
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 Stock Schedule
Investments Other Schedule2
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	2025-11-14T15:52:11-06:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	942590397	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	KARLSSON & LANE AN ACCOUNTANCY CORP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	4725 FIRST ST STE 226	AddressLine1Txt
City	PLEASANTON	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94566	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	943334424	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ROBERT AND RUTH HALPERIN FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ROBE	BusinessNameControlTxt
Phone	4158349934	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	ONE LOMBARD STREET 305	AddressLine1Txt
City	SAN FRANCISCO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94111	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	PHILIP W HALPERIN	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	4158349934	PhoneNum
Signature	2025-11-13	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	PENNY L LANE CPA	PreparerPersonNm
PTIN	P00743411	PTIN
Phone	9252715519	PhoneNum

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$151,374,008	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
Dividends Rev And Expnss	$3,821,345	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$3,815,362	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$5,022,923	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$56,416,472	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$5,057,290	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$181,106	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$0	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$9,025,374	TotalRevAndExpnssAmt
Total Net Invst Incm	$8,872,652	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$1,592	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$478	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$1,114	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$418,630	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$0	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$418,630	OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$98,244	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$1,862	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$96,382	PensionEmplBnftDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$23,000	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$17,250	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$5,750	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$628,480	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$525,948	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$102,532	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$184,488	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$69,710	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Occupancy Rev And Expnss	$123,144	OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm	$0	OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl	$123,144	OccupancyDsbrsChrtblAmt
Other Expenses Rev And Expnss	$57,955	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$0	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$405	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$1,535,533	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$615,248	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$747,957	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$7,810,042	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$7,810,042	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$9,345,575	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$615,248	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$8,557,999	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$320,201	ExcessRevenueOverExpensesAmt
Net Investment Income	$8,257,404	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$105,581	CashBOYAmt
Cash EOY	$273,997	CashEOYAmt
Cash EOYFMV	$273,997	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$3,880,434	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$1,978,722	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$1,978,722	SavAndTempCashInvstEOYFMVAmt
Prepaid Expenses BOY	$104,662	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$21,134	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$21,134	PrepaidExpensesEOYFMVAmt
Corporate Stock BOY	$138,732,116	CorporateStockBOYAmt
Corporate Stock EOY	$140,437,580	CorporateStockEOYAmt
Corporate Stock EOYFMV	$140,437,580	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$17,623,914	CorporateBondsBOYAmt
Corporate Bonds EOY	$0	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$0	CorporateBondsEOYFMVAmt
Other Investments BOY	$4,243,764	OtherInvestmentsBOYAmt
Other Investments EOY	$8,662,575	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$8,662,575	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$36,786	OtherAssetsBOYAmt
Other Assets EOY	$0	OtherAssetsEOYAmt
Other Assets EOYFMV	$0	OtherAssetsEOYFMVAmt
Total Assets BOY	$164,727,257	TotalAssetsBOYAmt
Total Assets EOY	$151,374,008	TotalAssetsEOYAmt
Total Assets EOYFMV	$151,374,008	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$14,218	AccountsPayableBOYAmt
Accounts Payable EOY	$191,464	AccountsPayableEOYAmt
Other Liabilities BOY	$506,212	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$325,106	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$520,430	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$516,570	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$164,206,827	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$150,857,438	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$164,206,827	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$150,857,438	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$164,727,257	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$151,374,008	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$164,206,827	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$320,201	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$163,886,626	SubtotalAmt
Other Decreases	$13,029,188	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$150,857,438	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
CHARLES SCHWAB	P	2023-01-01	2024-12-31	$55,985,236	$51,359,182	$4,626,054	$4,626,054
FROM PASSTHROUGHS	P	2023-01-01	2024-12-31	$431,236		$431,236	$431,236

Field	Value	IRS element (for citing)
Capital Gain Net Income	$5,057,290	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$114,778	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$114,778	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$114,778	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$121,662	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$121,662	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$6,884	OverpaymentAmt
Applied To ES Tax	$6,884	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	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	KATHY SO	IndividualWithBooksNm
Phone	4155295817	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	ONE LOMBARD STREET SUITE 305	AddressLine1Txt
City	SAN FRANCISCO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94111	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	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
PHILIP W HALPERIN
ONE LOMBARD STREET SUITE 305	SAN FRANCISCO	CA	94111	PRESIDENT	7.00	$1,592	$6,208	$0
PEGGY ANNE DOW
ONE LOMBARD STREET SUITE 305	SAN FRANCISCO	CA	94111	SECRETARY	1.00	$0	$0	$0
MAURINE S HALPERIN
ONE LOMBARD STREET SUITE 305	SAN FRANCISCO	CA	94111	DIRECTOR	1.00	$0	$0	$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee BenefitsEmployeeBenefitsAmt	Expense AccountExpenseAccountAmt
MACY PARKER
ONE LOMBARD STREET SUITE 305	SAN FRANCISCO	CA	94111	PROGRAM DIRECTOR	23.40	$166,156	$18,111	$0
PRITI SANGHANI
ONE LOMBARD STREET SUITE 305	SAN FRANCISCO	CA	94111	SENIOR PROGRAM OFFIC	23.40	$102,035	$31,102	$0
KATHLEEN SO
ONE LOMBARD STREET SUITE 305	SAN FRANCISCO	CA	94111	CONTROLLER	20.00	$94,963	$11,776	$0

Field	Value	IRS element (for citing)
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
MERCER ADVISORS
100 PRINGLE AVE SUITE 310	WALNUT CREEK	CA	94596	INVESTMENT ADVISORY	$491,119
EDUCATION FIRST CONSULTING LLC
PO BOX 22871	SEATTLE	WA	98122	CONSULTING SERVICES	$65,000

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	$148,568,001	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$1,921,501	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$5,131,559	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$155,621,061	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$155,621,061	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$2,334,316	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$153,286,745	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$7,664,337	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$7,664,337	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$114,778	TaxBasedOnInvestmentIncomeAmt
Total Tax	$114,778	TotalTaxAmt
Distributable Before Adj	$7,549,559	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$7,549,559	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$7,549,559	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$8,557,999	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$8,557,999	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$7,549,559	DistributableAsAdjustedAmt
Undistributed Income PY	$6,902,942	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$8,557,999	QualifyingDistributionsAmt
Applied To Year1	$6,902,942	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$1,655,057	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	$5,894,502	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)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (54 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
AIM HIGH FOR HIGH SCHOOL
2030 HARRISON STREET	SAN FRANCISCO	CA	94110	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$50,000
ALDER GRADUATE SCHOOL OF EDUCATION
2946 BROADWAY STREET SUITE B	REDWOOD CITY	CA	94062	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$100,000
ALLIANCE FOR YOUTH ORGANIZING
915 5TH STREET NW	WASHINGTON	DC	20001	N/A	PC	TO SUPPORT COMMUNITY ORGANIZING	$125,000
ANTI-DEFAMATION LEAGUE
605 THIRD AVENUE	NEW YORK	NY	10158	N/A	PC	TO PROTECT AND PROMOTE CIVIL RIGHTS	$75,000
BEND THE ARC A JEWISH PARTNERSHIP FOR JUSTICE
330 SEVENTH AVE 19TH FLOOR	NEW YORK	NY	10001	N/A	PC	TO SUPPORT FUNDERS COLLABORATIVE FOR YOUTH ORGANIZING	$75,000
BOYS & GIRLS CLUBS OF SAN FRANCISCO
380 FULTON STREET	SAN FRANCISCO	CA	94102	N/A	PC	TO SUPPORT COMMUNITY PROGRAMS	$100,000
BRANCH ALLIANCE FOR EDUCATOR DVERSITY
7500 RIALTO BLVD SUITE 1-270	AUSTIN	TX	78735	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$100,000
CALIFORNIA EDUCATION PARTNERS
ONE LOMBARD STREET SUITE 305	SAN FRANCISCO	CA	94111	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$1,745,000
CALIFORNIANS TOGETHER
525 E 7TH STREET	LONG BEACH	CA	90813	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$100,000
CHINESE FOR AFFIRMATIVE ACTION
17 WALTER U LUM PLACE	SAN FRANCISCO	CA	94108	N/A	PC	TO SUPPORT COMMUNITY PROGRAMS	$50,000
CHRIST CHURCH EAST BAY
2138 CEDAR ST	BERKELEY	CA	94709	N/A	PC	TO SUPPORT COMMUNITY PROGRAMS	$1,350
COMMUNITY INITIATIVES
150 POST ST SUITE 405	SAN FRANCISCO	CA	94108	N/A	PC	TO SUPPORT CALIFORNIA POLICY COLLABORATIVE	$50,000
COMPASS FAMILY SERVICES
37 GROVE STREET	SAN FRANCISCO	CA	94102	N/A	PC	TO SUPPORT COMMUNITY PROGRAMS	$100,000
CORNELL UNIVERSITY
377 PINE TREE ROAD	ITHACA	NY	14850	N/A	PC	TO PROTECT AND PROMOTE CIVIL RIGHTS	$50,000
EASTSIDE COLLEGE PREPARATORY SCHOOL
1041 MYRTLE ST	EAST PALO ALTO	CA	94303	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$50,000
ENSEMBLE LEARNING
12 SIERRA AVENUE	OAKLAND	CA	94611	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$100,000
EDVANCE
68 CURTIS STREET	SAN FRANCISCO	CA	94112	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$200,000
FAMILY CONNECTIONS CENTERS
2565 SAN BRUNO AVE	SAN FRANCISCO	CA	94134	N/A	PC	TO SUPPORT COMMUNITY PROGRAMS	$25,000
GLOBAL IMPACT
1199 NORTH FAIRFAX STREET 300	ALEXANDRIA	VA	22314	N/A	PC	TO SUPPORT FUND FOR A SAFER FUTURE & EMERGING BILINGUAL COLLABORATIVE	$250,000
GROUNDSWELL FUND
548 MARKET ST 49734	SAN FRANCISCO	CA	94104	N/A	PC	TO SUPPORT IVEP	$125,000
HAMILTON FAMILIES
273 NINTH STREET	SAN FRANCISCO	CA	94103	N/A	PC	TO SUPPORT COMMUNITY PROGRAMS	$25,000
HOMELESS PRENATAL PROGRAM
2500 18TH STREET	SAN FRANCISCO	CA	94110	N/A	PC	TO SUPPORT COMMUNITY PROGRAMS	$50,000
INSTITUTO FAMILIAR DE LA RAZA
2919 MISSION STREET	SAN FRANCISCO	CA	94110	N/A	PC	TO SUPPORT COMMUNITY PROGRAMS	$25,000
JAMESTOWN COMMUNITY CENTER
2929 19TH STREET	SAN FRANCISCO	CA	94110	N/A	PC	TO SUPPORT COMMUNITY PROGRAMS	$50,000
JUMPSTART
308 CONGRESS STREET 6TH FLOOR	BOSTON	MA	02210	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$150,000
LATINOS FOR EDUCATION
275 PAYSON ROAD	BELMONT	MA	02478	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$100,000
LEADERSHIP COUNSEL FOR JUSTICE AND ACCOUNTABILITY
2210 SAN JOAQUIN ST	FRESNO	CA	93721	N/A	PC	TO SUPPORT COMMUNITY PROGRAMS	$3,600
MAKING WAVES ACADEMY
4123 LAKESIDE DRIVE	RICHMOND	CA	94806	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$25,000
MARCH FOR OUR LIVES FOUNDATION
PO BOX 8929	CORAL SPRINGS	FL	33075	N/A	PC	TO PROTECT AND PROMOTE CIVIL RIGHTS	$50,000
NATIONAL IMMIGRATION LAW CENTER
PO BOX 34573	WASHINGTON	DC	34573	N/A	PC	TO PROTECT AND PROMOTE CIVIL RIGHTS	$50,000
NEW TEACHER CENTER
1205 PACIFIC AVENUE 301	SANTA CRUZ	CA	95060	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$50,000
NATIONAL CENTER FOR TEACHER RESIDENCIES
1332 NORTH HALSTED 304	CHICAGO	IL	60642	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$100,000
PARENT TEACHER HOME VISITS
2411 15TH ST SUITE A	SACRAMENTO	CA	95818	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$100,000
PARTNERS IN SCHOOL INNOVATION
1060 TENNESSEE STREET FLOOR 2	SAN FRANCISCO	CA	94107	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$50,000
PARTNERSHIP FOR LOS ANGELES SCHOOLS
1055 WILSHIRE BLVD SUITE 1850	LOS ANGELES	CA	90017	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$100,000
PFLAG INC
1625 K STREET NW SUITE 700	WASHINGTON	DC	20006	N/A	PC	TO PROTECT AND PROMOTE CIVIL RIGHTS	$50,000
POLYBIO RESEARCH FOUNDATION
47 HIGH STREET	MEDFORD	MA	02155	N/A	PC	TO SUPPORT LONG COVID PROGRAMS	$125,000
SAFE & SOUND
1757 WALLER STREET	SAN FRANCISCO	CA	94117	N/A	PC	TO SUPPORT COMMUNITY PROGRAMS	$100,000
SAN FRANCISCO CASA
2535 MISSION ST	SAN FRANCISCO	CA	94110	N/A	PC	TO SUPPORT COMMUNITY PROGRAMS	$100,000
SAN FRANCISCO PARENT COALITION
150 POST ST SUITE 405	SAN FRANCISCO	CA	94108	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$50,000
SOBRATO EARLY ACADEMIC LANGUAGE
555 12TH ST	OAKLAND	CA	94607	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$150,000
SOCIAL AND ENVIRONMENTAL ENTREPRENEURS INC
23564 CALABASAS ROAD SUITE 201	CALABASAS	CA	91302	N/A	PC	TO SUPPORT LONG COVID PROGRAMS	$575,000
STANFORD UNIVERSITY
485 BROADWAY MAIL CODE 8838	REDWOOD CITY	CA	94063	N/A	PC	TO SUPPORT EDUCATION PROGRAMS AND FACILTIES	$1,200,000
TEACH PLUS INC
1 BEACON STREET 15TH FLOOR	BOSTON	MA	02108	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$200,000
TEN STRANDS
PO BOX 150869	SAN RAFAEL	CA	94915	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$25,000
TIDES CENTER
1014 TORNEY AVENUE	SAN FRANCISCO	CA	94129	N/A	PC	TO SUPPORT COMMUNITY PROGRAMS	$2,400
UNITED WE DREAM NETWORK
1201 16TH STREET NW 714	WASHINGTON	DC	20036	N/A	PC	TO PROTECT AND PROMOTE CIVIL RIGHTS	$75,000
UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION
2001 EMBARCADERO 3RD FLOOR	SAN FRANCISCO	CA	94143	N/A	PC	TO SUPPORT LONG COVID PROGRAMS	$100,000
BANK STREET COLLEGE OF EDUCATION
610 WEST 112TH STREET	NEW YORK	NY	10025	N/A	PC	TO SUPPORT BILINGUAL GENERATION	$75,000
LOS AMIGOS DE MANZANITA SEED
2409 E 27TH ST	OAKLAND	CA	94601	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$1,500
LOYOLA MARYMOUNT UNIVERSITY
1 LMU DRIVE U-HALL 4900	LOS ANGELES	CA	90045	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$100,000
OAKLAND PUBLIC EDUCATION FUND
PO BOX 71005	OAKLAND	CA	94612	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$6,192
SPARK SF PUBLIC SCHOOLS
135 VAN NESS AVE RM 119	SAN FRANCISCO	CA	94102	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$375,000
THE EDUCATION TRUST-WEST
580 2ND ST	OAKLAND	CA	94607	N/A	PC	TO SUPPORT EDUCATION PROGRAMS	$100,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$7,810,042	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$3,821,345	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$5,022,923	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	DEFERRED TAX BENEFIT	Desc
Exclusion	01	ExclusionCd
Exclusion	$181,106	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$9,025,374	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$9,025,374	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

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$23,000	Amt
Net Investment Income	$17,250	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$5,750	DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	CORPORATE STOCK	StockNm
EOY Book Value	$140,437,580	EOYBookValueAmt
EOYFMV	$140,437,580	EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	LIMITED PARTNERSHIPS	CategoryOrItemTxt
Listed At Cost Or FMV	AT COST	ListedAtCostOrFMVCd
Book Value	$8,662,575	BookValueAmt
EOYFMV	$8,662,575	EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	DIVIDENDS/INTEREST RECEIVABLE	Desc
BOY Book Value	$36,786	BOYBookValueAmt
EOY Book Value	$0	EOYBookValueAmt
EOYFMV	$0	EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED LOSS ON INVESTMENTS	Desc
Amt	$13,029,188	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
OTHER EXPENSES	$405	$0	$405
OTHER EXPENSES-FROM PASSTHROUGHS	$57,550	$0	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	DEFERRED TAX BENEFIT	Desc
Revenue And Expenses Per Books	$181,106	RevenueAndExpensesPerBooksAmt
Adjusted Net Income	$181,106	AdjustedNetIncomeAmt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	DEFERRED EXCISE TAX	Desc
BOY Book Value	$506,212	BOYBookValueAmt
EOY Book Value	$325,106	EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT FEES AND EXPENSES	$525,948	$525,948	$0
CONSULTANTS	$102,532	$0	$102,532

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAXES	$69,710	$69,710	$0
EXCISE TAX	$114,778	$0	$0