﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xsi:schemaLocation="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2017v2.3">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2019-10-15T14:25:29-05:00</ReturnTs>
    <TaxPeriodEndDt>2018-11-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Foundation Source</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>One Hollow Ln Ste 212</AddressLine1Txt>
        <CityNm>Lake Success</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>11042</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2017-12-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>206750125</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>Ping and Amy Chao Family Foundation</BusinessNameLine1Txt>
      </BusinessName>
      <InCareOfNm>% Foundation Source</InCareOfNm>
      <BusinessNameControlTxt>PING</BusinessNameControlTxt>
      <PhoneNum>8008391754</PhoneNum>
      <USAddress>
        <AddressLine1Txt>Foundation Source 501 Silverside Rd</AddressLine1Txt>
        <CityNm>Wilmington</CityNm>
        <StateAbbreviationCd>DE</StateAbbreviationCd>
        <ZIPCd>198091377</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>PING CHAO</PersonNm>
      <PersonTitleTxt>Co-Trustee</PersonTitleTxt>
      <PhoneNum>8008391754</PhoneNum>
      <SignatureDt>2019-10-09</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>Jeffrey D Haskell</PreparerPersonNm>
      <PTIN>P01345770</PTIN>
      <PhoneNum>8008391754</PhoneNum>
    </PreparerPersonGrp>
    <FilingSecurityInformation>
      <IPAddress>
        <IPv4AddressTxt>24.187.244.114</IPv4AddressTxt>
      </IPAddress>
      <FederalOriginalSubmissionId>06391520192885000000</FederalOriginalSubmissionId>
      <FederalOriginalSubmissionIdDt>2019-10-15</FederalOriginalSubmissionIdDt>
      <FilingLicenseTypeCd>P</FilingLicenseTypeCd>
      <AtSubmissionCreationDeviceId>54CCAE8F7BC02385263C2CCCA723B6609AD4C170</AtSubmissionCreationDeviceId>
      <AtSubmissionFilingDeviceId>78D185D94E59032E4B5D677F857013E059842DEA</AtSubmissionFilingDeviceId>
    </FilingSecurityInformation>
    <TaxYr>2017</TaxYr>
    <BuildTS>2020-01-14 16:20:31Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="9">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>6729178</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>0</ContriRcvdRevAndExpnssAmt>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>3100</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>3100</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>239250</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>219250</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>284442</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>2912243</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>284442</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="OtherIncomeSch2">4075</OtherIncomeRevAndExpnssAmt>
        <TotalRevAndExpnssAmt>530867</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>506792</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OthProfFeesSch">97002</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>11520</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>85482</OtherProfFeesDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">8700</TaxesRevAndExpnssAmt>
        <OccupancyRevAndExpnssAmt>30456</OccupancyRevAndExpnssAmt>
        <OccupancyDsbrsChrtblAmt>30456</OccupancyDsbrsChrtblAmt>
        <TravConfMeetingRevAndExpnssAmt>3075</TravConfMeetingRevAndExpnssAmt>
        <TravConfMeetingDsbrsChrtblAmt>3075</TravConfMeetingDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSch">31669</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesDsbrsChrtblAmt>31669</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>170902</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>11520</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>150682</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>1073859</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>1073859</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>1244761</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>11520</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>1224541</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-713894</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>495272</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>142246</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>427303</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>427303</SavAndTempCashInvstEOYFMVAmt>
        <USGovernmentObligationsBOYAmt>370031</USGovernmentObligationsBOYAmt>
        <CorporateStockBOYAmt>6738074</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestCorpStockSch">6109154</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>6299875</CorporateStockEOYFMVAmt>
        <OtherInvestmentsBOYAmt>2000</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="InvOtherSch2">2000</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>2000</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>7252351</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>6538457</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>6729178</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <RetainedEarningBOYAmt>7252351</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>6538457</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>7252351</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>6538457</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>7252351</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>6538457</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>7252351</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-713894</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>6538457</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>6538457</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Publicly-traded Securities</PropertyDesc>
          <GrossSalesPriceAmt>2912243</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2627801</CostOrOtherBasisAmt>
          <GainOrLossAmt>284442</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>284442</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>284442</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>1114415</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>7883900</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.141353</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>1032641</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>8201298</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.125912</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>508098</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>8968553</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.056653</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>1053795</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>9520617</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.110686</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>932489</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>9688750</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.096245</DistributionYr5Rt>
        <TotalDistributionRt>0.530849</TotalDistributionRt>
        <AverageDistributionRt>0.10617</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>7163175</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>760514</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>4953</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>765467</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>1224541</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>4953</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>4953</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>4953</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>16400</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>16400</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="IRS2220">X</Form2220AttachedInd>
        <OverpaymentAmt>11447</OverpaymentAmt>
        <AppliedToESTaxAmt>5000</AppliedToESTaxAmt>
        <RefundAmt>6447</RefundAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>CA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>Foundation Source</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>8008391754</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>501 Silverside Road Suite 123</AddressLine1Txt>
          <CityNm>Wilmington</CityNm>
          <StateAbbreviationCd>DE</StateAbbreviationCd>
          <ZIPCd>198091377</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>true</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Amy H Chao</PersonNm>
          <USAddress>
            <AddressLine1Txt>Foundation Source 501 Silverside Rd</AddressLine1Txt>
            <CityNm>Wilmington</CityNm>
            <StateAbbreviationCd>DE</StateAbbreviationCd>
            <ZIPCd>198091377</ZIPCd>
          </USAddress>
          <TitleTxt>Co-Trustee</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Shiu-Kai Chao</PersonNm>
          <USAddress>
            <AddressLine1Txt>Foundation Source 501 Silverside Rd</AddressLine1Txt>
            <CityNm>Wilmington</CityNm>
            <StateAbbreviationCd>DE</StateAbbreviationCd>
            <ZIPCd>198091377</ZIPCd>
          </USAddress>
          <TitleTxt>Co-Trustee</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Shiu-Ping Chao</PersonNm>
          <USAddress>
            <AddressLine1Txt>Foundation Source 501 Silverside Rd</AddressLine1Txt>
            <CityNm>Wilmington</CityNm>
            <StateAbbreviationCd>DE</StateAbbreviationCd>
            <ZIPCd>198091377</ZIPCd>
          </USAddress>
          <TitleTxt>Co-Trustee</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName referenceDocumentId="ContractCompenExpln">
            <BusinessNameLine1Txt>Susanna Choe</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>137 Frederick Court</AddressLine1Txt>
            <CityNm>Mountain View</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94043</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>administrative</ServiceTypeTxt>
          <CompensationAmt>50400</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>NGO / VOLUNTEER PROJECT - PROVIDE WEBSITE &amp; DATABASE LINKING NGO'S TO VOLUNTEERS TO RAISE AWARENESS AND ACTION AMONG YOUTH TO BRING SOCIAL CHANGE TO THE GLOBAL CHINESE DIASPORA</Description1Txt>
        <Expenses1Amt>31167</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp />
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>6898174</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>372085</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>2000</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>7272259</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>7272259</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>109084</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>7163175</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>358159</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>358159</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>4953</TaxBasedOnInvestmentIncomeAmt>
        <IncomeTaxAmt>127</IncomeTaxAmt>
        <TotalTaxAmt>5080</TotalTaxAmt>
        <DistributableBeforeAdjAmt>353079</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>353079</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>353079</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>1224541</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>1224541</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>4953</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>1219588</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>353079</DistributableAsAdjustedAmt>
        <PriorYear1Yr>2015</PriorYear1Yr>
        <PriorYear2Yr>2014</PriorYear2Yr>
        <PriorYear3Yr>2013</PriorYear3Yr>
        <ExcessDistributionCyovYr5Amt>457873</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>595172</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>66901</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>629988</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>735470</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>2485404</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>1224541</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>353079</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>871462</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>3356866</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>457873</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>2898993</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>595172</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>66901</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>629988</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>735470</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>871462</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp />
      <SupplementaryInformationGrp>
        <ContributingManagerNm>NONE</ContributingManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>Grant application to SUSANNA CHOE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>445 S SAN ANTONIO RD STE 204</AddressLine1Txt>
            <CityNm>LOS ALTOS</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94022</ZIPCd>
          </RecipientUSAddress>
          <RecipientEmailAddressTxt>SUE.CHAOFOUNDATION@GMAIL.COM</RecipientEmailAddressTxt>
          <FormAndInfoAndMaterialsTxt>HTTP://WWW.CHAOFOUNDATION.ORG/GRANT-APPLICATION</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>APPLICATION DEADLINE IS MARCH 15th</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>WWW.CHAOFOUNDATION.ORG</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>1001 FONTAINES POUR DEMAIN</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>33 RUE PIERRE BRUNIER</AddressLine1Txt>
            <CityNm>CALUIRE CUIRE</CityNm>
            <CountryCd>FR</CountryCd>
            <ForeignPostalCd>69300</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General &amp; Unrestricted</GrantOrContributionPurposeTxt>
          <Amt>58500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AGAPE FISH FUND INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>8900 BOLSA AVE STE A</AddressLine1Txt>
            <CityNm>WESTMINSTER</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92683</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Student Tutoring program in East Palo Alto, for the Christian Home for Children in Burma fund and Zoe Health Plus Program</GrantOrContributionPurposeTxt>
          <Amt>22500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AGAPE FISH FUND INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>8900 BOLSA AVE STE A</AddressLine1Txt>
            <CityNm>WESTMINSTER</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92683</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Zoe Health Plus Program</GrantOrContributionPurposeTxt>
          <Amt>7000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BURMA HUMANITARIAN MISSION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2985 S 800 E</AddressLine1Txt>
            <CityNm>SALT LAKE CITY</CityNm>
            <StateAbbreviationCd>UT</StateAbbreviationCd>
            <ZIPCd>84106</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>the training program for backpack medic teams and new medics</GrantOrContributionPurposeTxt>
          <Amt>47325</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CHANGING YOUNG LIVES FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>UNITS 1-14 G/F BLOCK 10</AddressLine1Txt>
            <CityNm>PAK TIN ESTATE</CityNm>
            <ProvinceOrStateNm>KOWLOON</ProvinceOrStateNm>
            <CountryCd>HK</CountryCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General &amp; Unrestricted</GrantOrContributionPurposeTxt>
          <Amt>33000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CHILDREN ON THE EDGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>5 THE VICTORIA 25 ST PANCRAS</AddressLine1Txt>
            <CityNm>CHICHESTER</CityNm>
            <ProvinceOrStateNm>WEST SUSSEX</ProvinceOrStateNm>
            <CountryCd>UK</CountryCd>
            <ForeignPostalCd>PO197LT</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General &amp; Unrestricted</GrantOrContributionPurposeTxt>
          <Amt>45000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>D-REV DESIGN FOR THE OTHER NINETY PERCENT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>695 MINNESOTA ST</AddressLine1Txt>
            <CityNm>SAN FRANCISCO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94107</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Brilliance Program</GrantOrContributionPurposeTxt>
          <Amt>90000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>D-REV DESIGN FOR THE OTHER NINETY PERCENT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>695 MINNESOTA ST</AddressLine1Txt>
            <CityNm>SAN FRANCISCO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94107</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Re-Motion Knee Program</GrantOrContributionPurposeTxt>
          <Amt>31000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FRIENDS WITHOUT A BORDER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1123 BROADWAY STE 1210</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10010</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Neonatal Care Expansion - Lao Friends Hospital for Children Program</GrantOrContributionPurposeTxt>
          <Amt>52000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HIMALAYAN HEALTHCARE INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 737</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10024</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Women's Empowerment through Education Program</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HOLISTIC INTEGRATED SERVICES FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 2638</AddressLine1Txt>
            <CityNm>FULLERTON</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92837</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>to purchase wheelchairs in Henan China and Kurdistan Refugees Project</GrantOrContributionPurposeTxt>
          <Amt>36600</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JENNY LIN FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 21150</AddressLine1Txt>
            <CityNm>CASTRO VALLEY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94546</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General &amp; Unrestricted</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>KIDSPIRE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3300 NW 185TH AVE 127</AddressLine1Txt>
            <CityNm>PORTLAND</CityNm>
            <StateAbbreviationCd>OR</StateAbbreviationCd>
            <ZIPCd>97229</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Expansion of Lead Vietnam Program</GrantOrContributionPurposeTxt>
          <Amt>43000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MENLO PARK PRESBYTERIAN CHURCH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>950 SANTA CRUZ AVE</AddressLine1Txt>
            <CityNm>MENLO PARK</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94025</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General &amp; Unrestricted</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NATIONWIDE CHILDRENS HOSPITAL FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>525 E MOUND ST</AddressLine1Txt>
            <CityNm>COLUMBUS</CityNm>
            <StateAbbreviationCd>OH</StateAbbreviationCd>
            <ZIPCd>43215</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Colorectal Team Overseas fund</GrantOrContributionPurposeTxt>
          <Amt>18000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NEW COMMUNITY BAPTIST CHURCH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1250 W MIDDLEFIELD RD</AddressLine1Txt>
            <CityNm>MOUNTAIN VIEW</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94043</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General &amp; Unrestricted</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ONE HEART HEALTH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5812 PRAIRIE RIDGE DR</AddressLine1Txt>
            <CityNm>SHOREVIEW</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55126</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Evaluation of A Telemedicine System for Congenital Heart Diseases Screening in Yunnan China Program</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ONE HEART WORLD-WIDE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1818 PACHECO ST</AddressLine1Txt>
            <CityNm>SAN FRANCISCO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94116</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Taking the Network of Safety model to scale in Okhaldhunga program</GrantOrContributionPurposeTxt>
          <Amt>80000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PRESIDENT-BOARD OF TRUSTEES SANTA CLARA COLLEGE -</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>500 EL CAMINO REAL</AddressLine1Txt>
            <CityNm>SANTA CLARA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95053</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Miller Center Social Entrepreneurship Program</GrantOrContributionPurposeTxt>
          <Amt>77000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SAHAYA INTERNATIONAL INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1504 PORTOLA ST</AddressLine1Txt>
            <CityNm>DAVIS</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95616</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Sahaya Housing Program</GrantOrContributionPurposeTxt>
          <Amt>27800</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>STEPPING STONES CHINA LIMITED</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>12TH FL ASIONICS TECH CTR NO 6LN</AddressLine1Txt>
            <CityNm>ZHONG SHAN RD W</CityNm>
            <ProvinceOrStateNm>SHANGHAI</ProvinceOrStateNm>
            <CountryCd>CH</CountryCd>
            <ForeignPostalCd>200051</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>computer/life skills lessons to under-privileged migrant schools' students Project</GrantOrContributionPurposeTxt>
          <Amt>41134</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE LORDS GRACE CHRISTIAN CHURCH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1101 SAN ANTONIO RD</AddressLine1Txt>
            <CityNm>MOUNTAIN VIEW</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94043</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General &amp; Unrestricted</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TRANSPARENT FISH FUND INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>445 S SAN ANTONIO RD STE 204</AddressLine1Txt>
            <CityNm>LOS ALTOS</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94022</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General &amp; Unrestricted</GrantOrContributionPurposeTxt>
          <Amt>115000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WATERING MINDS INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4192 PIEDMONT AVE STE 20034</AddressLine1Txt>
            <CityNm>OAKLAND</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94611</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Haiti clean water &amp; Cambodia IT testing Program</GrantOrContributionPurposeTxt>
          <Amt>126000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>1073859</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>3100</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>239250</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>284442</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <OtherRevenueDescribedGrp>
          <Desc>Federal Tax Refund</Desc>
          <ExclusionCd>01</ExclusionCd>
          <ExclusionAmt>4075</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>530867</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>530867</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <ContractorCompensationExpln documentId="ContractCompenExpln">
      <ContractorCompExplnGrp>
        <ContractorPersonNm>Susanna Choe</ContractorPersonNm>
        <ExplanationTxt>administrative services</ExplanationTxt>
      </ContractorCompExplnGrp>
    </ContractorCompensationExpln>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>CHARLES SCHWAB INTRNTNL EQ</StockNm>
        <EOYBookValueAmt>161013</EOYBookValueAmt>
        <EOYFMVAmt>167645</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GUGGENHEIM TOTAL RETURN BOND F</StockNm>
        <EOYBookValueAmt>1300211</EOYBookValueAmt>
        <EOYFMVAmt>1301168</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ISHARES RUSSELL 1000 INDEX FD</StockNm>
        <EOYBookValueAmt>102668</EOYBookValueAmt>
        <EOYFMVAmt>168794</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PIMCO INCOME FUND</StockNm>
        <EOYBookValueAmt>1158684</EOYBookValueAmt>
        <EOYFMVAmt>1099539</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SCHWAB S P 500 INDEX FUND SELE</StockNm>
        <EOYBookValueAmt>816540</EOYBookValueAmt>
        <EOYFMVAmt>932389</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SCHWAB STRATEGIC TREMERGING MK</StockNm>
        <EOYBookValueAmt>149453</EOYBookValueAmt>
        <EOYFMVAmt>152232</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SCHWAB U.S. SMALL-CA</StockNm>
        <EOYBookValueAmt>147871</EOYBookValueAmt>
        <EOYFMVAmt>155197</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SCHWAB US MID CAP</StockNm>
        <EOYBookValueAmt>84893</EOYBookValueAmt>
        <EOYFMVAmt>110222</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TEMPLETON GLOBAL TOTAL RETURN</StockNm>
        <EOYBookValueAmt>595356</EOYBookValueAmt>
        <EOYFMVAmt>548439</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VANGUARD FTSE DEVELOPED MARKET</StockNm>
        <EOYBookValueAmt>324556</EOYBookValueAmt>
        <EOYFMVAmt>348874</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VANGUARD FTSE EMERGING MARKETS</StockNm>
        <EOYBookValueAmt>83437</EOYBookValueAmt>
        <EOYFMVAmt>79456</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VANGUARD GLOBAL EX-US REAL EST</StockNm>
        <EOYBookValueAmt>150645</EOYBookValueAmt>
        <EOYFMVAmt>144183</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VANGUARD GNMA FUND ADMIRAL SHS</StockNm>
        <EOYBookValueAmt>609565</EOYBookValueAmt>
        <EOYFMVAmt>574049</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VANGUARD MID-CAP ETF</StockNm>
        <EOYBookValueAmt>59284</EOYBookValueAmt>
        <EOYFMVAmt>154702</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VANGUARD SF REIT ETF</StockNm>
        <EOYBookValueAmt>166527</EOYBookValueAmt>
        <EOYFMVAmt>171319</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VANGUARD SHORT-TERM FEDERAL FD</StockNm>
        <EOYBookValueAmt>198451</EOYBookValueAmt>
        <EOYFMVAmt>191667</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="InvOtherSch2">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SECURITY DEPOSIT</CategoryOrItemTxt>
        <BookValueAmt>2000</BookValueAmt>
        <EOYFMVAmt>2000</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>Administrative Fees</Desc>
        <RevenueAndExpensesPerBooksAmt>31360</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>31360</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Computers/Electronic Devices</Desc>
        <RevenueAndExpensesPerBooksAmt>109</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>109</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>State or Local Filing Fees</Desc>
        <RevenueAndExpensesPerBooksAmt>170</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>170</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>EQUIPMENT MAINTENANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>30</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>30</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncomeDetail>
        <Desc>Federal Tax Refund</Desc>
        <RevenueAndExpensesPerBooksAmt>4075</RevenueAndExpensesPerBooksAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>Administration of Foundation</CategoryTxt>
        <Amt>50400</Amt>
        <DisbursementsCharitablePrpsAmt>50400</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>Investment Management Services</CategoryTxt>
        <Amt>11520</Amt>
        <NetInvestmentIncomeAmt>11520</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>Philanthropic Consulting Srvcs</CategoryTxt>
        <Amt>35082</Amt>
        <DisbursementsCharitablePrpsAmt>35082</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>990-PF Estimated Tax for 2018</CategoryTxt>
        <Amt>8700</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>