2018-11-14T19:00:52-06:00 2017-12-31 330885895 LINDSAY & BROWNELL LLP 4225 EXECUTIVE SQUARE SUITE 1150 LA JOLLA CA 92037 990PF 2017-01-01 330753690 SAHM FAMILY FOUNDATION SAHM 9498605009 PO BOX 1194 RANCHO SANTA FE CA 92067 ROBERT CUTHBERTSON TREASURER 9498605009 2018-11-13 1 MARY H MCGROARTY P00735101 8585589200 98.174.140.130 2018-11-13 08:20:23 PS P EF93C5D76935EF9914B1A2010A7D98AAF99FCD35 F1642CCD7882282B75C74243D94CBFEB4A7BF18A 2017 2019-02-21 02:37:17Z X 85423112 X 57691421 487109 480101 435433 3925000 435433 341 300 58614304 915834 364517 214342 150175 36000 14400 21600 7246 2898 4348 22044 11022 11022 14157 7078 7079 138735 138536 199 22102 17355 1944 3100 1240 1860 3809 1905 1904 546460 534735 11725 1158170 943511 211856 528000 528000 1686170 943511 739856 56928134 0 659376 2687124 2687124 2000 2000 12760925 22126557 25656059 3886611 7323501 7244795 8215439 50570477 49833134 25522351 82709659 85423112 827 2625 827 2625 X 25521524 82707034 25521524 82707034 25522351 82709659 25521524 56928134 257376 82707034 0 82707034 PUBLICLY TRADED SECURITIES P 1627737 1591014 36723 36723 PUBLICLY TRADED SECURITIES P 1953950 1898553 55397 55397 CAPITAL GAINS DIVIDENDS P 343313 343313 343313 435433 0 602845 22772417 0.026473 271946 11565823 0.023513 251221 3837708 0.065461 92715 2380395 0.038949 115427 1463622 0.078864 0.233260 0.046652 51877129 2420172 0 2420172 739856 0 0 0 0 0 2560 19000 0 21560 0 21560 21560 0 0 0 0 0 0 0 0 0 0 0 1 1 CA 1 0 0 1 0 1 N/A 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 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 60350 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 MANAGER 15.00 124167 0 0 NONE 0 DENTONS US LLP 4655 EXECUTIVE DRIVE SUITE 700 SAN DIEGO CA 92121 LEGAL SERVICES 122510 SAN DIEGUITO ENGINEERING INC 462 STEVENS AVENUE SUITE 305 SOLANA BEACH CA 92075 ENGINEERING SERVICES 77745 AINSLIE COMMUNITIES LLC 7428 CAPSTAN DRIVE CARLSBAD CA 92011 CONSULTING SERVICES 60000 0 0 22096133 3059727 27511276 52667136 0 0 52667136 790007 51877129 2593856 2593856 0 2593856 0 2593856 0 2593856 739856 0 739856 0 739856 2593856 587999 0 0 739856 587999 0 0 151857 0 0 0 0 0 0 0 0 2441999 0 0 0 X BOYS AND GIRLS CLUB OF CARLSBAD 2730 BRESSI RANCH WAY CARLSBAD CA 92009 N/A PC GENERAL SUPPORT 30000 BOYS AND GIRLS CLUB OF SOLANA BEACH 533 LOMAS SANTA FE DR SOLANA BEACH CA 92075 N/A PC GENERAL SUPPORT 40000 BOYS AND GIRLS CLUB OF VISTA 410 W CALIFORNIA AVE VISTA CA 92083 N/A PC GENERAL SUPPORT 30000 CAMP KESEM PO BOX 452 CULVER CITY CA 90232 N/A PC GENERAL SUPPORT 12500 CARLSBAD MUSIC FESTIVAL PO BOX 4067 CARLSBAD CA 92018 N/A PC GENERAL SUPPORT 27500 CHILDREN OF THE NIGHT 14530 SYLVAN STREET VAN NUYS CA 91411 N/A PC GENERAL SUPPORT 50000 EAST COUNTY YOUTH SYMPHONY 339 HART DRIVE EL CAJON CA 92021 N/A PC GENERAL SUPPORT 3000 LUX ART INSTITUTE 1550 S EL CAMINO REAL ENCINITAS CA 92024 N/A PC GENERAL SUPPORT 40000 MEALS ON WHEELS 2254 SAN DIEGO AVE STE 200 SAN DIEGO CA 92110 N/A PC GENERAL SUPPORT 50000 OCEAN INSTITUTE 24200 DANA POINT HARBOR DR DANA POINT CA 92629 N/A PC GENERAL SUPPORT 60000 PRO KIDS GOLF ACADEMY & LEARNING CENTER 4085 52ND STREET SAN DIEGO CA 92105 N/A PC GENERAL SUPPORT 50000 RANCHO SANTA FE FOUNDATION 162 S RANCHO SANTA FE ROAD ENCINITAS CA 92024 N/A PC GENERAL SUPPORT 10000 SPECIAL OPERATIONS WARRIOR FOUNDATION 1137 MARBELLA PLAZA DR TAMPA FL 33619 N/A PC GENERAL SUPPORT 15000 VOICES FOR CHILDREN 2851 MEADOW LARK DRIVE SAN DIEGO CA 92123 N/A PC GENERAL SUPPORT 50000 YMCA OF SAN DIEGO COUNTY 3708 RUFFIN ROAD SAN DIEGO CA 92123 N/A PC GENERAL SUPPORT 60000 528000 0 14 487109 18 435433 INSURANCE CLAIM RECEIVED 01 300 OTHER REVENUE 01 41 0 922883 0 922883 0 0 0 0 0 0 0 0 0 0 X X 1 SAHM MARITAL TRUST UTA DATED NOVEMBER 20 1997 PO BOX 1516 RANCHO SANTA FE CA 92067 13572330 X 2 SAHM FAMILY SURVIVOR ADMIN TRUST PO BOX 1516 RANCHO SANTA FE CA 92067 1927670 X 3 SAHM FAMILY SURVIVOR ADMIN TRUST PO BOX 1516 RANCHO SANTA FE CA 92067 33000000 X 4 SAHM FAMILY SURVIVOR ADMIN TRUST PO BOX 1516 RANCHO SANTA FE CA 92067 701713 X 5 SAHM MARITAL TRUST UTA DATED NOVEMBER 20 1997 PO BOX 1516 RANCHO SANTA FE CA 92067 8231000 X 6 SAHM FAMILY SURVIVOR ADMIN TRUST PO BOX 1516 RANCHO SANTA FE CA 92067 215018 X 7 SAHM FAMILY SURVIVOR ADMIN TRUST PO BOX 1516 RANCHO SANTA FE CA 92067 43690 X 3 RESIDENCE AND LAND LOCATED AT 7010 EL CAMINO DEL NORTE AND DEL DIOS HIGHWAY, RANCHO SANTA FE, CA 33000000 2017-07-18 4 100% INTEREST IN DEL DIOS RANCH, LLC 701713 2017-07-18 5 REMAINING 50% INTEREST IN DDR EAST, LLC 8231000 2017-07-18 6 EQUIPMENT HELD BY DEL DIOS RANCH, LLC 144219 2017-07-18 7 FURNITURE AND ARTWORK IN RESIDENCE LOCATED AT 7010 EL CAMINO DEL NORTE AND DEL DIOS HIGHWAY 43690 2017-07-18 ACCOUNTING FEES 14157 7078 7079 COMPENSATION OF DIRECTORS FORM 990PF, PAGE 6, PART VIII, LINE 1, BOX (C) THE AMOUNT REPORTED IN PART VIII, LINE 1, BOX (C), STATEMENT 16, 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 NEW AND SUBSTANTIAL RESPONSIBILITES TO MR. CUTHBERTSON, FOR WHICH HE HAS BEEN FAIRLY COMPENSATED. LEGAL SERVICES DESCRIPTION FORM 990PF, PAGE 7, PART VIII, LINE 3 MCKENNA LONG & ALDRIDGE NOW KNOWN AS WITHERS BERGMAN IS A LAW FIRM WHICH PROVIDED, FOR A REASONABLE FEE, NECESSARY PERSONAL SERVICES RELATED TO THE LEGAL AND ADMINISTRATIVE NEEDS OF THE FOUNDATION AND TO PROTECTING ITS INTEREST IN THE POST-MORTEM ADMINISTRATION OF THE SAHM FAMILY TRUSTS, OF WHICH THE SAHM FAMILY FOUNDATION IS THE RESIDUARY BENEFICIARY. ONE MEMBER OF THE BOARD OF DIRECTORS, JAMES COWLEY, WAS ALSO OF COUNSEL TO THE LAW FIRM. MR. COWLEY IS NOT A PARTNER (OR OTHERWISE AN OWNER) OF WITHERS BERGMAN AND DOES NOT RECEIVE A SHARE OF THE PROFITS OF WITHERS BERGMAN. HE RECEIVED COMPENSATION FROM WITHERS BERGMAN. SUCH COMPENSATION IS INDEPENDENT OF THE PROFITS OF WITHERS BERGMAN. MR. COWLEY DOES NOT HAVE A MATERIAL FINANCIAL INTEREST IN WITHERS BERGMAN OR IN ITS FEES COLLECTED FROM THE FOUNDATION.JIM COWLEY AND DAVID EBERSHOFF AND LAW FIRMS (OR THEIR PREDECESSORS) REPRESENTED ROLAND SAHM OR RAMONA SAHM OR ELIXIR INDUSTRIES, THEIR FAMILY BUSINESS, FOR MANY YEARS PRIOR TO THEIR RESPECTIVE DEATHS AND ARE UNIQUELY QUALIFIED TO ADVISE AND REPRESENT THE FOUNDATION WITH RESPECT TO THE POST-MORTEM ADMINISTRATION OF THE SAHM TRUSTS. BOTH MR. EBERSHOFF AND MR. COWLEY WERE ASKED BY ONE OR BOTH SAHMS TO SERVE AS DIRECTORS OF THE FOUNDATION. RECEIVABLE DUE FROM OFFICERS FORM 990PF, PAGE 2, PART II, LINE 6 THE AMOUNT REPORTED AS A LOAN TO OFFICER ON THIS TAX RETURN IS DUE TO AN INADVERTENT WITHDRAWAL BY DIRECTOR CHRISTOPHER SAHM IN DECEMBER OF 2017. THIS WAS DUE TO THE CONFUSING NATURE OF WELLS FARGO BANK'S SYSTEM, WHICH LINKS ALL ACCOUNTS THAT AN INDIVIDUAL HAS SIGNATURE AUTHORITY OVER AND DOES NOT PROVIDE A FULL DESCRIPTION OF THE ACCOUNT NAME. THIS AMOUNT WAS PAID BACK IN FULL ON MAY 14, 2018. 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. CORPORATE BONDS 7323501 7244795 CORPORATE STOCK 22126557 25656059 LEGAL FEES 22044 11022 11022 DEL DIOS RANCH 0 183225 183225 DEL DIOS RANCH BUILDING AND LAND 0 33000000 33000000 DEL DIOS RANCH ENTITLEMENT PROJECT 0 425061 0 DEL DIOS RANCH EQUIPMENT 0 215018 144219 DEL DIOS RANCH FURNITURE AND ART 0 43690 43690 INTEREST IN DDR EAST LLC 8215107 16703483 16462000 OTHER RECEIVABLE 332 0 0 DEL DIOS RANCH EXPENSE 528937 528937 0 DUES & SUBSCRIPTIONS 855 0 855 INSURANCE 9980 3992 5988 MILEAGE 1972 0 1972 OFFICE EXPENSE 621 180 441 OFFICE SUPPLIES 2032 813 1219 POSTAGE AND DELIVERY 30 0 30 UTILITIES 2033 813 1220 INSURANCE CLAIM RECEIVED 300 300 300 OTHER REVENUE 41 41 PRIOR PERIOD BASIS ADJUSTMENT FOR DDR EAST, LLC 257376 PAYROLL LIABILITIES 827 2625 CONSULTING FEES 399 200 199 INVESTMENT FEES 134433 134433 0 REAL ESTATE FEES 3903 3903 0 FEDERAL TAXES 2803 0 0 FILING FEES 20 0 20 FOREIGN TAXES 11173 11173 0 PAYROLL TAXES 8091 6182 1909 STATE TAXES 15 0 15 DEL DIOS RANCH LLC PO BOX 1194 RANCHO SANTA FE CA 92067 821506693 TRANSFER TO COVER OPERATING EXPENSES OF A CONTRIBUTED ASSET. 10500 10500