PAUL L WATTIS FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- PAUL L WATTIS FOUNDATION (EIN 84-1624183)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-05-12
- IRS object ID
- 202201329349104560
- 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
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-12T17:19:13-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 943344845 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Botto Law Group LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 Montgomery Street 16th Floor | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 841624183 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Paul L Wattis Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PAUL | BusinessNameControlTxt |
| Phone | 4153649700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 Montgomery Street 1616 | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94104 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Paul W Wattis III | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 4153649700 | PhoneNum |
| Signature | 2022-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Paul | PersonFirstNm |
| Person Last | Wattis III | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Clare M Raj Esq | PreparerPersonNm |
| PTIN | P02000531 | PTIN |
| Phone | 4153649700 | 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 | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $11,773,869 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $106,654 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $106,654 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,020,050 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,080,835 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,020,050 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,126,704 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,126,704 | 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 |
| Legal Fees Rev And Expnss | $101,405 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $25,351 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $76,054 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $21,164 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $21,164 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $669 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $5,700 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $5,700 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $17,700 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $4,425 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $13,275 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $27,016 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $4,730 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $173,654 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $50,940 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $99,759 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $555,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $555,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $728,654 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $50,940 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $654,759 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $398,050 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,075,764 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $87,560 | CashBOYAmt |
| Cash EOY | $30,739 | CashEOYAmt |
| Cash EOYFMV | $30,739 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,031,165 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,546,821 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,546,821 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $4,306,127 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,245,342 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,196,309 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $5,424,852 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,822,902 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,773,869 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $5,424,852 | CapitalStockBOYAmt |
| Capital Stock EOY | $5,424,852 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $398,050 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,424,852 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,822,902 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,424,852 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,822,902 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,424,852 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $398,050 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $5,822,902 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,822,902 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Tesla, 1,250 shs | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2019-04-29 | AcquiredDt |
| Sold | 2021-01-08 | SoldDt |
| Gross Sales Price | $1,080,835 | GrossSalesPriceAmt |
| Cost Or Other Basis | $60,785 | CostOrOtherBasisAmt |
| Gain Or Loss | $1,020,050 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $1,020,050 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,020,050 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $14,953 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $14,953 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $14,953 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $15,000 | 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 | $15,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $47 | OverpaymentAmt |
| Applied To ES Tax | $47 | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Paul L Wattis III President | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4153649700 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 Montgomery St Ste 1616 | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 941044235 | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| Paul L Wattis III | ||||||||
| 180 Montgomery St Ste 1616 | San Francisco | CA | 941044235 | President, Director | 12.00 | $0 | $0 | $0 |
| Paul L Wattis Jr | ||||||||
| 180 Montgomery St Ste 1616 | San Francisco | CA | 941044235 | Sect'y., Tres., Director | 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 |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| 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 | $9,553,548 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,744,404 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,297,952 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,297,952 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $169,469 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,128,483 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $556,424 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $556,424 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $14,953 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $14,953 | TotalTaxAmt |
| Distributable Before Adj | $541,471 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $541,471 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $541,471 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $654,759 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $654,759 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $541,471 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $162,290 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $232,966 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $112,192 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $172,937 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $680,385 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $654,759 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $541,471 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $113,288 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $793,673 | 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 | $162,290 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $631,383 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $232,966 | ExcessFromYear4Amt |
| Excess From Year3 | $112,192 | ExcessFromYear3Amt |
| Excess From Year2 | $172,937 | ExcessFromYear2Amt |
| Excess From Current Year | $113,288 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|
| American Conservatory Theater | |||||
| 415 Geary Street | San Francisco | CA | 94102 | Support The Strand Theater | $100,000 |
| Cal Poly Foundation | |||||
| One Grand Avenue | San Luis Obispo | CA | 93407 | Support the Swanton Pacific Ranch Fire Recovery of the College of Agriculture, Food and Enviornmantal Sciences | $25,000 |
| Cal Poly Foundation | |||||
| One Grand Avenue | San Luis Obispo | CA | 93407 | Support for the College of Agriculture Food and Environmental Sciences Dean's Power of Doing Fund | $25,000 |
| Cal Poly Foundation | |||||
| One Grand Avenue | San Luis Obispo | CA | 93407 | Support to establish the Paul L. Wattis Foundation Learn by Doing Endowment | $25,000 |
| Dry Doc Corp | |||||
| 2118 Greenwich Street | San Francisco | CA | 94123 | Support general support expenses | $50,000 |
| eTown | |||||
| 1535 Spruce Street | Boulder | CO | 80302 | Support for general fund | $10,000 |
| Fine Arts Museums of San Francisco | |||||
| 50 Hagiwara Tea Garden Drive | San Francisco | CA | 94118 | Support for the annual fund | $25,000 |
| Hearst Castle Preservation Foundation | |||||
| PO Box 192955 | San Francisco | CA | 94119 | Support for art conservation | $5,000 |
| Little Village Foundation | |||||
| 606 Alamo Pintado Road Suite 3-225 | Solvang | CA | 93463 | support for the Little Village Foundation Annual Fund | $5,000 |
| Marin Academy | |||||
| 1600 Mission Avenue | San Rafael | CA | 94901 | Support for the Science and Innovation Center at Marin Academy | $50,000 |
| Ohlhoff Recovery Center | |||||
| 601 Steiner Street | San Francisco | CA | 94117 | Support for general fund | $10,000 |
| Pacific Legal Foundation | |||||
| 930 G Street | Sacramento | CA | 95814 | Support for the Pacific Legal Foundation Annual Fund | $25,000 |
| San Francisco Museum of Modern Art | |||||
| 151 Third Street | San Francisco | CA | 94103 | Support the Accessions Committee | $25,000 |
| Sweetwater Music Hall | |||||
| 19 Corte Madera Avenue | Mill Valley | CA | 94941 | Support general operations | $50,000 |
| The Metropolitan Museum of Art | |||||
| 1000 Fifth Avenue | New York | NY | 10028 | Support for the Director's Fund | $25,000 |
| UC Berkeley Foundation | |||||
| 2625 Durant Avenue 2250 | Berkeley | CA | 94720 | Support for the UC Berkeley Art Museum & Pacific Film Archive Annual Fund | $50,000 |
| University of San Francisco | |||||
| 2130 Fulton Street | San Francisco | CA | 94117 | Support to establish the Paul L. Wattis Foundation Fund for Star Route Farms | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $555,000 | 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 | $106,654 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,020,050 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $106,654 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,020,050 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,126,704 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 8e | THE FOUNDATION USES A FULL SPECTRUM OF CAPITAL TOOLS TO ADDRESS THE |
| 8e | FINANCIAL NEEDS OF ARTS ORGANIZATIONS AND SOCIAL PROGRAMS |
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 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (22 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 3M Co Com, 2,000 shs | $176,663 | $355,260 |
| Adobe Inc, 900 shs | $257,234 | $510,354 |
| Amazon, 100 shs | $194,325 | $333,434 |
| American Express Co Com, 4,460 shs | $191,599 | $727,366 |
| Caterpillar Inc Com, 2,500 shs | $255,493 | $516,850 |
| Cisco Systems, 5,000 shs | $280,533 | $316,850 |
| Colgate Palmolive Co Com, 5,095 shs | $195,315 | $434,808 |
| Costco Wholesale Corp, 1,100 shs | $269,244 | $624,470 |
| Deere & Co Com, 1,500 shs | $132,464 | $514,335 |
| Honeywell International Inc Com, 3,091 shs | $162,743 | $644,504 |
| Illinois Tool Works Inc Com, 2,000 shs | $106,961 | $493,600 |
| International Business Machs Corp, 2,000 | $278,710 | $267,320 |
| Johnson Controls International, 2,500 shs | $101,698 | $203,275 |
| Lyft, Inc, 4,700 shs | $278,729 | $200,831 |
| Microsoft Corp, 2,100 | $260,787 | $706,272 |
| PG&E Corp Com, 6,000 shs | $254,639 | $72,840 |
| Block, Inc, 3,800 shs (formerly Square, Inc.) | $278,130 | $613,738 |
| Tesla, Inc, 1,750 shs | $85,099 | $1,849,365 |
| Union Pac Corp Com, 2,000 shs | $93,460 | $503,860 |
| Zoom Video Communications Inc | $99,543 | $64,369 |
| Zuora, Inc, 12,600 shs | $280,267 | $235,368 |
| Kyndryl Holdings Inc, 400 shs (Spinoff from Microsoct) | $11,706 | $7,240 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Botto Law Group LLP | CategoryTxt |
| Legal Fees | $101,405 | LegalFeesAmt |
| Net Investment Income | $25,351 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $76,054 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Insurance premiums | $4,730 | $0 | $4,730 |
| IRS 2021 estimated tax payment | $15,000 | $0 | $0 |
| IRS 2020 excise tax payment | $7,286 | $0 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Wells Fargo Bank, custody fees | $21,164 | $21,164 | $0 |
| Consulting fees | $0 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Foreign tax withholdings | CategoryTxt |
| Amt | $669 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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