2020-11-16T17:36:28-06:00 2019-12-31 330885895 LINDSAY & BROWNELL LLP 4225 EXECUTIVE SQUARE SUITE 1150 LA JOLLA CA 92037 990PF 2019-01-01 330753690 SAHM FAMILY FOUNDATION SAHM 9498605009 PO BOX 1194 RANCHO SANTA FE CA 92067 ROBERT CUTHBERTSON TREASURER 9498605009 2020-11-13 1 MARY H MCGROARTY P00735101 8585589200 206.71.177.130 2020-11-13 09:22:27 PS P F3126E2ECE72AC527B82B393B7E424B8B628BFBB 261647C7069D304A4984D026EF59C406751AECE1 2019 2021-04-22 16:20:28Z X 73594494 X X 3832 3832 733307 729016 571796 16236931 572704 19766 19766 1328701 1325318 370000 220000 150000 85423 34169 51254 16709 6684 10025 328 328 0 79982 39991 39991 249041 182782 66259 151507 25454 3921 14385 5754 8631 7173 3587 3586 1145375 1126190 19185 2119923 1644939 352852 4101297 4101297 6221220 1644939 4454149 -4892519 0 976889 991712 991712 2091 23204021 16896623 20913532 6927358 8207204 8338729 52418678 52540979 43350521 83529037 78636518 73594494 0 0 X 83529037 78636518 83529037 78636518 83529037 78636518 83529037 -4892519 0 78636518 0 78636518 BNY MELLON - PUBLICLY TRADED SECURITIES 3917882 3997684 -79802 -79802 BNY MELLON - PUBLICLY TRADED SECURITIES 6055070 5963657 91413 91413 WELLS FARGO - PUBLICLY TRADED SECURITIES 803628 818764 -15136 -15136 WELLS FARGO - PUBLICLY TRADED SECURITIES 5323070 4884122 438948 438948 CAPITAL GAINS DIVIDENDS P 137281 137281 137281 572704 0 2712166 76986494 0.035229 739856 51877129 0.014262 602845 22772417 0.026473 271946 11565823 0.023513 251221 3837708 0.065461 0.164938 0.032988 75499355 2490573 0 2490573 4454149 X 0 0 0 0 0 18920 0 0 18920 0 18920 18920 0 0 0 0 0 0 0 0 0 0 0 1 1 CA 1 0 0 1 0 1 SAHMFAMILYFOUNDATION.ORG JULIE CAMERON 9498605009 2466 FENDER AVENUE UNIT G FULLERTON CA 92831 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 DAVID A EBERSHOFF PO BOX 1194 RANCHO SANTA FE CA 92067 DIRECTOR 5.00 60000 0 0 JAMES COWLEY PO BOX 1194 RANCHO SANTA FE CA 92067 DIRECTOR 5.00 60000 0 0 CHRISTOPHER SAHM PO BOX 1194 RANCHO SANTA FE CA 92067 DIRECTOR 5.00 60000 0 0 LINDA GUINN PO BOX 1194 RANCHO SANTA FE CA 92067 DIRECTOR 5.00 60000 0 0 ROBERT CUTHBERTSON PO BOX 1194 RANCHO SANTA FE CA 92067 DIRECTOR, ENTITLEMENT PROJECT 25.00 130000 0 0 MARIA BENITEZ PO BOX 1194 RANCHO SANTA FE CA 92067 DEL DIOS RANCH EMPLO 40.00 116735 0 0 JULIE CAMERON 2466 FENDER AVENUE UNIT G FULLERTON CA 92831 ADMINISTRATOR 40.00 85423 0 16709 TERESO GARCIA PO BOX 1194 RANCHO SANTA FE CA 92067 DEL DIOS RANCH EMPLO 40.00 83524 0 0 ANTONIO CAMACHO PO BOX 1194 RANCHO SANTA FE CA 92067 DEL DIOS RANCH EMPLO 40.00 63519 0 0 ANGEL MELQUIADES PO BOX 1194 RANCHO SANTA FE CA 92067 DEL DIOS RANCH EMPLO 40.00 62735 0 0 0 SAN DIEGUITO ENGINEERING INC 462 STEVENS AVENUE SUITE 305 SOLANA BEACH CA 92075 ENGINEERING SERVICES 157879 LINDSAY & BROWNELL LLP 4225 EXECUTIVE SQUARE STE 1150 LA JOLLA CA 92037 ACCOUNTING SERVICES 76387 DUDEK & ASSOCIATES 605 THIRD STREET ENCINITAS CA 92024 CONSTRUCTION SERVICES 67737 ROBERT KELLYBK & ASSOCIATES 626 TARENTO DRIVE SAN DIEGO CA 92106 CONSULTING SERVICES 66259 AINSLIE COMMUNITIES LLC 7428 CAPSTAN DRIVE CARLSBAD CA 92011 CONSULTING SERVICES 60000 0 0 31394271 1427497 43827323 76649091 0 0 76649091 1149736 75499355 3774968 3774968 0 3774968 0 3774968 0 3774968 4454149 0 4454149 0 4454149 3774968 3573878 0 0 4454149 3573878 0 0 880271 0 0 0 0 0 0 0 0 2894697 0 0 0 X ARMORY CENTER FOR THE ARTS 145 NORTH RAYMOND AVE PASADENA CA 91103 N/A PC GENERAL SUPPORT 25000 BOYS AND GIRLS CLUB OF VISTA 410 W CALIFORNIA AVE VISTA CA 92083 N/A PC GENERAL SUPPORT 109497 BOYS AND GIRLS CLUBS OF CARLSBAD 2730 BRESSI RANCH WAY CARLSBAD CA 92009 N/A PC GENERAL SUPPORT 30000 BOYS AND GIRLS CLUBS OF PASADENA 3230 E DEL MAR BLVD PASADENA CA 91107 N/A PC GENERAL SUPPORT 50000 BOYS AND GIRLS CLUBS OF SAN DIEGUITO 533 LOMAS SANTA FE DR SOLANA BEACH CA 92075 N/A PC GENERAL SUPPORT 30000 CAMP KESEM PO BOX 452 CULVER CITY CA 90232 N/A PC GENERAL SUPPORT 10000 CARLSBAD MUSIC FESTIVAL PO BOX 4067 CARLSBAD CA 92018 N/A PC GENERAL SUPPORT 20000 CHALLENGE CENTER 5540 LAKE PARK WAY LA MESA CA 91942 N/A PC GENERAL SUPPORT 38200 CHILDREN OF THE NIGHT 14530 SYLVAN STREET VAN NUYS CA 91411 N/A PC GENERAL SUPPORT 50000 CITY OF ENCINITAS SENIOR CENTER 1140 OAKCREST PARK DRIVE ENCINITAS CA 92024 N/A GOV GENERAL SUPPORT 50000 CITY OF ESCONDIDO SENIOR CENTER 210 PARK AVENUE ESCONDIDO CA 92025 N/A GOV GENERAL SUPPORT 40000 CITY OF IMPERIAL BEACH SENIOR CENTER 1075 8TH STREET IMPERIAL BEACH CA 91932 N/A GOV GENERAL SUPPORT 25000 CITY OF SAN MARCOS SENIOR CENTER 111 RICHMAR AVE SAN MARCOS CA 92069 N/A GOV GENERAL SUPPORT 15000 CITY OF VISTA SENIOR CENTER 1400 VALE TERRACE DRIVE VISTA CA 92084 N/A GOV GENERAL SUPPORT 10000 COAST GUARD FOUNDATION 394 TAUGWONK ROAD STONINGTON CT 06378 N/A PC GENERAL SUPPORT 25000 DUKE UNIVERSITY 2001 CAMPUS DRIVE DURHAM NC 27705 N/A PC NASHER MUSEUM OF ART 50000 EAST COUNTY YOUTH SYMPHONY 339 HART DRIVE EL CAJON CA 92021 N/A PC GENERAL SUPPORT 5000 ED BROWN SENIOR CENTER AT RANCHO BERNARDO 18402 WEST BERNARDO DRIVE SAN DIEGO 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EAST AMERIGE AVENUE FULLERTON CA 92832 N/A PC GENERAL SUPPORT 30000 LUX ART INSTITUTE 1550 S EL CAMINO REAL ENCINITAS CA 92024 N/A PC GENERAL SUPPORT 50000 MARJAREE MASON CENTER 1600 M STREET FRESNO CA 93721 N/A PC GENERAL SUPPORT 75000 MEALS ON WHEELS 2254 SAN DIEGO AVE STE 200 SAN DIEGO CA 92110 N/A PC GENERAL SUPPORT 50000 MUSEUM OF PHOTOGRAPHIC ARTS 1649 EL PRADO BALBOA PARK SAN DIEGO CA 92101 N/A PC GENERAL SUPPORT 50000 NEW VILLAGE ARTS THEATRE INC 2787 STATE STREET CARLSBAD CA 92008 N/A PC GENERAL SUPPORT 250000 OCEANSIDE MUSEUM OF ART 704 PIER VIEW WAY OCEANSIDE CA 92054 N/A PC GENERAL SUPPORT 10000 OLD GLOBE THEATRE PO BOX 122171 SAN DIEGO CA 92112 N/A PC GENERAL SUPPORT 30000 PASADENA CONSERVATORY OF MUSIC 100 N HILL AVE PASADENA CA 91106 N/A PC GENERAL SUPPORT 15000 PATRICK HENRY HIGH SCHOOL FOUNDATION 6702 WANDERMERE DR SAN DIEGO CA 92120 N/A PC GENERAL SUPPORT 3000 PEN AMERICA LOS ANGELES 8444 WILSHIRE BLVD 4TH FLOOR BEVERLY HILLS CA 90211 N/A PC GENERAL SUPPORT 10000 PENINSULA SHEPHERDS CENTER 1475 CATALINA BLVD SAN DIEGO CA 92107 N/A PC GENERAL SUPPORT 10000 PIEDMONT FAMILY YMCA 151 MCINTIRE PARK DRIVE CHARLOTTESVILLE VA 22902 N/A PC GENERAL SUPPORT 50000 PRO KIDS GOLF ACADEMY & LEARNING CENTER 4085 52ND STREET SAN DIEGO CA 92105 N/A PC GENERAL SUPPORT 97478 RAMONA SENIOR CENTER 434 AQUA LANE RAMONA CA 92065 N/A PC GENERAL SUPPORT 8000 SAN DIEGO SYMPHONY 750 B ST SAN DIEGO CA 92101 N/A PC FUNDING FOR NEW PERFORMANCE PARK 1450000 SERVING SENIORS 525 14TH STREET SUITE 200 SAN DIEGO CA 92101 N/A PC GENERAL SUPPORT 100000 SOKA UNIVERSITY OF AMERICA 1 UNIVERSITY DRIVE ALISO VIEJO CA 92656 N/A PC GENERAL SUPPORT 98900 SOUTHERN CAREGIVER RESOURCE CENTER 3675 RUFFIN ROAD SUITE 230 SAN DIEGO CA 92123 N/A PC GENERAL SUPPORT 100000 SPECIAL OPERATIONS WARRIOR FOUNDATION 1137 MARBELLA PLAZA DR TAMPA FL 33619 N/A PC GENERAL SUPPORT 30000 SWIFTSURE RANCH 114 CALYPSO LANE BELLEVUE ID 83313 N/A PC GENERAL SUPPORT 38422 THE FIRST TEE OF FRESNO 7492 N RIVERSIDE DRIVE FRESNO CA 93722 N/A PC GENERAL SUPPORT 50000 THE SAN DIEGO LGBT COMMUNITY CENTER PO BOX 3357 SAN DIEGO CA 92163 N/A PC GENERAL SUPPORT 25000 THE SENIOR CONNECTION 721 THIRD AVENUE SOUTH HAILEY ID 83333 N/A PC GENERAL SUPPORT 25000 VERDI CHORUS 2630 11TH ST SANTA MONICA CA 90405 N/A PC GENERAL SUPPORT 15000 VOICES FOR CHILDREN 2851 MEADOW LARK DRIVE SAN DIEGO CA 92123 N/A PC GENERAL SUPPORT 100000 YMCA OF SAN DIEGO COUNTY 3708 RUFFIN ROAD SAN DIEGO CA 92123 N/A PC GENERAL SUPPORT 90000 4101297 0 14 3832 14 733307 01 19766 18 571796 0 1328701 0 1328701 0 0 0 0 0 0 0 0 0 0 ACCOUNTING FEES 79982 39991 39991 COMPENSATION OF DIRECTORS FORM 990PF, PAGE 6, PART VIII, LINE 1, BOX (C) THE AMOUNT REPORTED IN PART VIII, LINE 1, BOX (C), STATEMENT 14, INCLUDES COMPENSATION PAID TO ROBERT CUTHBERTSON FOR HIS ROLE AS ENTITLEMENT PROJECT MANAGER. AS ENTITLEMENT PROJECT MANAGER, MR. CUTHBERTSON IS RESPONSIBLE FOR MEETING WITH, PROVIDING INPUT TO, AND MAKING DECISIONS WITH ALL CONSULTANTS ON THE PROJECT. HE IS ALSO RESPONSIBLE FOR THE OPERATION AND MAINTENANCE OF DEL DIOS RANCH, INCLUDING THE RESIDENCE. BOTH OF THESE ACTIVITIES REPRESENT SUBSTANTIAL RESPONSIBILITES TO MR. CUTHBERTSON, FOR WHICH HE HAS BEEN FAIRLY COMPENSATED. DEL DIOS RANCH EXPENSES FORM 990PF, PAGE 1, PART I, LINE 23 IN 2017, THE SAHM FAMILY FOUNDATION RECEIVED ASSETS INCLUDING REAL PROPERTY AS CONTRIBUTIONS. THE MAINTENANCE AND UPKEEP EXPENSES REQUIRED TO MAINTAIN THE VALUE OF THIS PROPERTY ARE REFLECTED IN THE DEL DIOS RANCH EXPENSES. SAHM FAMILY FOUNDATION INTENDS TO SELL THIS PROPERTY AS SOON AS POSSIBLE AND IS ACTIVELY WORKING TOWARDS ITS SALE. DEL DIOS ENTITLEMENT PROJECT FORM 990PF, PAGE 2, PART II, LINE 15, COLUMN (C) IT HAS BEEN DETERMINED THAT THE DEL DIOS RANCH ENTITLEMENT PROJECT INCLUDED AT PART II LINE 15 DOES NOT HAVE AN ATTRIBUTABLE FAIR MARKET VALUE. THE PROJECT IS NOT DEEMED TO HAVE INHERENT VALUE UNTIL IT HAS REACHED COMPLETION. AS OF THE END OF THIS TAX YEAR, DECEMBER 31, 2019, THE ENTITLEMENT PROJECT IS NOT COMPLETED. THE LAND UPON WHICH THE ENTITLEMENT PROJECT IS BEING CONDUCTED HAS BEEN PROPERLY REPORTED AT FAIR MARKET VALUE AS ASSESSED BY A QUALIFIED APPRAISAL DATED JULY 17, 2017. SCHEDULE OF CONTROLLED ENTITIES FORM 990PF, PAGE 5, PART VII-A, LINE 11 CONTROLLED ENTITIES ARE:DEL DIOS RANCH, LLCEIN: 82-1506693ADDRESS: PO BOX 1194, RANCHO SANTA FE, CA 92067NOT AN EXCESS BUSINESS HOLDINGDDR EAST, LLCEIN: 20-3975831ADDRESS: PO BOX 1194, RANCHO SANTA FE, CA 92067NOT AN EXCESS BUSINESS HOLDING 266 ELECTION FOR PROPERTY TAXES ELECTION TO CAPITALIZE CERTAIN TAXES AND CARRYING CHARGES ELECTION TO CAPITALIZE CERTAIN TAXES AND CARRYING CHARGESSAHM FAMILY FOUNDATIONPO BOX 1194 RANCHO SANTA FE, CA 92067IDENTIFICATION NUMBER: 33-0753690TAX YEAR END: 12/31/2019PURSUANT TO CODE SEC. 266 AND REG. 1.266-1, THE ABOVE NAMED TAXPAYER HEREBY ELECTS TO TREAT AS CHARGEABLE TO CAPITAL ACCOUNT, RATHER THAN TO DEDUCT, THE FOLLOWING TAXES AND CARRYING CHARGES FOR THE FOLLOWING PROJECT(S) FOR THE TAX YEAR ENDING 12/31/2019: ITEM/PROJECT DESCRIPTION: PROPERTY TAXES PAID ON DEL DIOS RANCH AND DDR EAST REAL PROPERTY.REG. 1.266-1(B)(1) SUBSECTION: REG. SEC. 1.266-1(B)(1)(II)AMOUNT CAPITALIZED: $929,080.00 CORPORATE BONDS 8207204 8338729 CORPORATE STOCK 16896623 20913532 LEGAL FEES 328 328 0 DEL DIOS RANCH 1215238 44416 44416 DEL DIOS RANCH BUILDING AND LAND 33000000 33000000 29615000 DEL DIOS RANCH ENTITLEMENT PROJECT 1241249 1605292 0 DEL DIOS RANCH / DDR EAST - CAPITALIZED PROPERTY TAXES 0 929080 0 DEL DIOS RANCH EQUIPMENT 215018 215018 97415 DEL DIOS RANCH FURNITURE AND ART 43690 43690 43690 INTEREST IN DDR EAST LLC 16703483 16703483 13550000 DEL DIOS RANCH EXPENSE 1115588 1115588 0 DUES & SUBSCRIPTIONS 1362 0 1362 INSURANCE 13445 6849 6596 MISCELLANEOUS EXPENSE 3040 1216 1824 MILEAGE 2499 0 2499 OFFICE SUPPLIES 1430 572 858 PAYROLL EXPENSE 494 331 163 POSTAGE AND DELIVERY 3434 0 3434 UTILITIES 287 115 172 TELEPHONE 2572 1029 1543 OFFICE EXPENSE 529 212 317 REPAIRS 695 278 417 DEL DIOS RANCH INCOME 19766 19766 19766 CONSULTING FEES 66259 0 66259 INVESTMENT FEES 176782 176782 0 REAL ESTATE FEES 6000 6000 0 FILING FEES 718 718 0 FOREIGN TAXES 16231 16231 0 PAYROLL TAXES 11890 7969 3921 STATE TAXES 536 536 0 PROPERTY TAXES 122132 0 0