BULLIS-PURISSIMA ELEMENTARY SCHOOL FOUNDATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: BULLIS-PURISSIMA ELEMENTARY SCHOOL FOUNDATION (EIN 48-1298690)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-11-15
IRS object ID: 202113199349309551
Schema version: 2020v4.1
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
Schedule A
Schedule B
Schedule D
Schedule G
Schedule I
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-11-15T11:23:55-06:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	941341042	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	FRANK RIMERMAN & CO LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1 EMBARCADERO CENTER STE 2410	AddressLine1Txt
City	SAN FRANCISCO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94111	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	481298690	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BULLIS-PURISSIMA ELEMENTARY SCHOOL	BusinessNameLine1Txt
Business Name Line2	FOUNDATION	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	BULL	BusinessNameControlTxt
Phone	6503752196	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	102 W PORTOLA AVENUE	AddressLine1Txt
City	LOS ALTOS	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94022	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	LOUISE TSOI	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	6503752196	PhoneNum
Signature	2021-11-12	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	LOUISE	PersonFirstNm
Person Last	TSOI	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JOSEPH M ALBERO	PreparerPersonNm
PTIN	P00533143	PTIN
Phone	4154391144	PhoneNum
Preparation	2021-11-12	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	LOUISE TSOI	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	102 W PORTOLA AVE	AddressLine1Txt
City	LOS ALTOS	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94022	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$8,331,463	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	HTTP://WWW.BCSFOUNDATION.COM/	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2003	FormationYr
Legal Domicile State	CA	LegalDomicileStateCd
Activity Or Mission	THE FOUNDATION'S MISSION IS TOPROVIDE FINANCIAL SUPPORT TO PUBLIC EDUCATION.	ActivityOrMissionDesc
Voting Members Governing Body	19	VotingMembersGoverningBodyCnt
Voting Members Independent	19	VotingMembersIndependentCnt
Total Employee	2	TotalEmployeeCnt
Total Volunteers	19	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$4,119,867	PYContributionsGrantsAmt
CY Contributions Grants	$4,889,433	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$155,981	PYInvestmentIncomeAmt
CY Investment Income	$82,113	CYInvestmentIncomeAmt
PY Other Revenue	$126,491	PYOtherRevenueAmt
CY Other Revenue	-$1,165	CYOtherRevenueAmt
PY Total Revenue	$4,402,339	PYTotalRevenueAmt
CY Total Revenue	$4,970,381	CYTotalRevenueAmt
PY Grants And Similar Paid	$5,046,845	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$2,710,795	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$186,638	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$177,652	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$191,779	CYTotalFundraisingExpenseAmt
PY Other Expenses	$127,513	PYOtherExpensesAmt
CY Other Expenses	$119,310	CYOtherExpensesAmt
PY Total Expenses	$5,360,996	PYTotalExpensesAmt
CY Total Expenses	$3,007,757	CYTotalExpensesAmt
PY Revenues Less Expenses	-$958,657	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$1,962,624	CYRevenuesLessExpensesAmt
Total Assets BOY	$6,380,503	TotalAssetsBOYAmt
Total Assets EOY	$8,425,979	TotalAssetsEOYAmt
Total Liabilities BOY	$8,722	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$31,818	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$6,371,781	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$8,394,161	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	THE FOUNDATION'S MISSION IS TO PROVIDE FINANCIAL SUPPORT TO PUBLIC EDUCATION.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$2,710,000	ExpenseAmt
Grant	$2,710,000	GrantAmt
Desc	THE ANNUAL CAMPAIGN SOLICITS DONATIONS TO COVER THE DIFFERENCE BETWEEN THE ANNUAL OPERATING EXPENSES OF BULLIS CHARTER SCHOOL AND THE AMOUNTOF STATE AND LOCAL FUNDING RECEIVED BY THE SCHOOL.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$795	ExpenseAmt
Grant	$795	GrantAmt
Desc	ADDITIONAL SUPPORT PROVIDED TO PAY EXPENSES OF BULLIS CHARTER SCHOOL.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$16,513	ExpenseAmt
Desc	PERSONNEL EXPENSES	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$16,513	TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses	$2,727,308	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	0	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	4	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	2	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	19	GoverningBodyVotingMembersCnt
Independent Voting Member	19	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	0	ConflictOfInterestPolicyInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LOUISE TSOI	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6503752196	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	102 W PORTOLA AVENUE	AddressLine1Txt
City	LOS ALTOS	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94022	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
MARGARITA GOLOD
CO-CHAIR	5.00	Yes (X)	Yes (X)	$0	$0	$0
RACHELLE MIRKIN
CO-CHAIR	5.00	Yes (X)	Yes (X)	$0	$0	$0
JACKIE DAVIS
VICE-CHAIR	3.00	Yes (X)	Yes (X)	$0	$0	$0
LOUISE TSOI
TREASURER AND FINANCE COMMITTEE CHAIR	5.00	Yes (X)	Yes (X)	$0	$0	$0
IRENE BANKS
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
ADAM MITCHELL
INVESTMENT COMMITTEE CHAIR	1.00	Yes (X)		$0	$0	$0
ANNA GOLBAN
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
BRENDA YANG
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
CARTY CHOCK
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
DAVID LAM
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
GITTE SKAAKEBAEK
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
JAN BAER
STEWARDSHIP COMMITTEE CHAIR	1.00	Yes (X)		$0	$0	$0
JOANNA POMYKALA
MARKETING COMMITTEE CHAIR	1.00	Yes (X)		$0	$0	$0
LAURA GREBENE
BOARD DEVELOPMENT COMMITTEE CHAIR	1.00	Yes (X)		$0	$0	$0
MICHELLE GRACON
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
DAI YAMADA
AUDIT COMMITTEE CHAIR	1.00	Yes (X)		$0	$0	$0
BRIAN CHIN
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
JENNIFER WHITELEY
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
CHANDRU VENKATARAMAN
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
ELIZABETH GARDNER
EXECUTIVE DIRECTOR	40.00		Yes (X)	$150,000	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$150,000	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Fundraising	$169,875	FundraisingAmt
All Other Contributions	$4,719,558	AllOtherContributionsAmt
Noncash Contributions	$559,715	NoncashContributionsAmt
Total Contributions	$4,889,433	TotalContributionsAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$79,544	TotalRevenueColumnAmt
Exclusion	$79,544	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$3,362,486	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$3,359,917	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$2,569	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,569	TotalRevenueColumnAmt
Exclusion	$2,569	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$0	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$169,875	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$1,165	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$1,165	TotalRevenueColumnAmt
Exclusion	-$1,165	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,970,381	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$80,948	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$2,710,795	TotalAmt
Program Services	$2,710,795	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$150,000	TotalAmt
Program Services	$15,404	ProgramServicesAmt
Management And General	$26,769	ManagementAndGeneralAmt
Fundraising	$107,827	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$14,779	TotalAmt
Management And General	$14,779	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$609	TotalAmt
Management And General	$609	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$12,264	TotalAmt
Program Services	$1,109	ProgramServicesAmt
Management And General	$3,392	ManagementAndGeneralAmt
Fundraising	$7,763	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$21,124	TotalAmt
Management And General	$21,124	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$15,000	TotalAmt
Management And General	$15,000	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$3,392	TotalAmt
Fundraising	$3,392	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$601	TotalAmt
Management And General	$435	ManagementAndGeneralAmt
Fundraising	$166	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$5,136	TotalAmt
Management And General	$2,267	ManagementAndGeneralAmt
Fundraising	$2,869	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$4,281	TotalAmt
Management And General	$4,281	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDesc	TotalTotalAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
BANK CHARGES	$44,374	$14	$44,360
SPECIAL EVENTS	$25,402		$25,402

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,007,757	TotalAmt
Program Services	$2,727,308	ProgramServicesAmt
Management And General	$88,670	ManagementAndGeneralAmt
Fundraising	$191,779	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$757,705	BOYAmt
EOY	$3,502,216	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$27,869	BOYAmt
EOY	$28,299	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$320,765	BOYAmt
EOY	$328,323	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$5,274,164	BOYAmt
EOY	$4,567,141	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$6,380,503	BOYAmt
EOY	$8,425,979	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$8,722	BOYAmt
EOY	$6,763	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$25,055	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$8,722	BOYAmt
EOY	$31,818	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$6,343,912	BOYAmt
EOY	$8,365,862	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$27,869	BOYAmt
EOY	$28,299	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$6,371,781	BOYAmt
EOY	$8,394,161	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$6,380,503	BOYAmt
EOY	$8,425,979	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$1,962,624	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$59,756	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,726,928	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$4,402,133	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,873,728	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$4,008,217	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,719,558	CurrentTaxYearAmt
Total	$20,730,564	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,726,928	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$4,402,133	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,873,728	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$4,008,217	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,719,558	CurrentTaxYearAmt
Total	$20,730,564	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total170	$20,730,564	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$102,530	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$130,780	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$161,635	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$146,429	CurrentTaxYearMinus1YearAmt
Current Tax Year	$79,544	CurrentTaxYearAmt
Total	$620,918	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$21,351,482	TotalSupportAmt
Public Support CY170	0.97090	PublicSupportCY170Pct
Public Support PY170	0.96750	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$27,869	BeginningYearBalanceAmt
Investment Earnings Or Losses	$430	InvestmentEarningsOrLossesAmt
End Year Balance	$28,299	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$26,780	BeginningYearBalanceAmt
Investment Earnings Or Losses	$1,089	InvestmentEarningsOrLossesAmt
End Year Balance	$27,869	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$26,509	BeginningYearBalanceAmt
Investment Earnings Or Losses	$271	InvestmentEarningsOrLossesAmt
End Year Balance	$26,780	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$26,343	BeginningYearBalanceAmt
Investment Earnings Or Losses	$166	InvestmentEarningsOrLossesAmt
End Year Balance	$26,509	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$25,903	BeginningYearBalanceAmt
Investment Earnings Or Losses	$440	InvestmentEarningsOrLossesAmt
End Year Balance	$26,343	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.00000	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	1.00000	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.00000	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings	$0	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	FIDELITY INVESTMENTS	Desc
Book Value	$4,567,141	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$4,567,141	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	NOTE PAYABLE	Desc
Amt	$25,055	Amt

Field	Value	IRS element (for citing)
Total Liability	$25,055	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$5,015,137	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$59,756	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$59,756	RevenueNotReportedAmt
Revenue Subtotal	$4,955,381	RevenueSubtotalAmt
Investment Expenses Not Incld	$15,000	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$15,000	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$4,970,381	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$2,992,757	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$2,992,757	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$15,000	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$15,000	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$3,007,757	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	THE FOUNDATION APPLIES THE PROVISIONS SET FORTH IN FASB ACCOUNTING STANDARDS CODIFICATION TOPIC 740, INCOME TAXES, TO ACCOUNT FOR THE UNCERTAINTY IN INCOME TAXES. THE FOUNDATION HAS ASSESSED ALL INCOME TAX POSITIONS TAKEN WHERE THE STATUTE OF LIMITATION REMAINS OPEN. THE FOUNDATION BELIEVES THAT ITS TAX FILING POSITIONS WILL BE SUSTAINED UPON TAX EXAMINATION; THEREFORE, NO LIABILITY FOR UNRECOGNIZED INCOME TAX BENEFITS HAS BEEN RECORDED AT DECEMBER 31, 2020. THE FOUNDATION DOES NOT ANTICIPATE ANY SIGNIFICANT INCREASES OR DECREASES TO UNRECOGNIZED INCOME TAX BENEFITS DURING THE NEXT TWELVE MONTHS.
PART V, LINE 4	TO PROVIDE FINANCIAL SUPPORT TO PUBLIC EDUCATION
PART X, LINE 1	THE FOUNDATION RECEIVED A PAYCHECK PROTECTION PROGRAM (PPP) LOAN FOR FROM THE SMALL BUSINESS ADMINISTRATION.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	AUCTION	Event1Nm
Gross Receipts Event1	$169,875	GrossReceiptsEvent1Amt
Charitable Contri Event1	$169,875	CharitableContriEvent1Amt
Other Direct Expenses Event1	$1,165	OtherDirectExpensesEvent1Amt
Gross Receipts Total	$169,875	GrossReceiptsTotalAmt
Charitable Contributions Tot	$169,875	CharitableContributionsTotAmt
Oth Direct Expnss Total Events	$1,165	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$1,165	DirectExpenseSummaryEventsAmt
Net Income Summary	-$1,165	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BULLIS CHARTER SCHOOL	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	102 W PORTOLA AVENUE	AddressLine1Txt
City	LOS ALTOS	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94022	ZIPCd

Field	Value	IRS element (for citing)
Recipient EIN	481298689	RecipientEIN
IRC Section	501(C)(3)	IRCSectionDesc
Cash Grant	$2,710,000	CashGrantAmt
Non Cash Assistance	$795	NonCashAssistanceAmt
Non Cash Assistance	EXPENSES PAID ON BEHALF OF BULLIS CHARTER SCHOOL	NonCashAssistanceDesc
Purpose Of Grant	TO PROVIDE FINANCIAL SUPPORT TO PUBLIC EDUCATION	PurposeOfGrantTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2	FormAndLineReferenceDesc
Explanation	ALL DONATIONS ARE MAINTAINED IN QUICKBOOKS AND SPECIAL DONATIONS ARE NOTED AS SUCH.	ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	90	ContributionCnt
Noncash Contributions Rpt F990	$559,715	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	Yes (1)	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 32B:	FormAndLineReferenceDesc
Explanation	DURING THE FIRST HALF OF 2020, THE FOUNDATION HIRED AN INVESTMENT MANAGER WHOSE RESPONSIBILITY INCLUDED SELLING OF THE NON-CASH CONTRIBUTIONS, I.E., STOCKS DONATED TO THE FOUNDATION.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS REVIEWED BY THE TREASURER, CO-CHAIRS AND FINANCE COMMITTEE.
FORM 990, PART VI, SECTION C, LINE 19	ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. THE FOUNDATION'S ARTICLES AND BYLAWS ARE AVAILABLE ON THE REGISTRY OF CHARITABLE TRUSTS WEBSITE.
FORM 990, PART XII, LINE 2C	NO CHANGES