THE JAY & ROSE PHILLIPS FAMILY: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: THE JAY & ROSE PHILLIPS FAMILY (EIN 27-4196690)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-11-12
IRS object ID: 201833169349101633
Schema version: 2017v2.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Accounting Fees Schedule
Depreciation Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Other Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-11-12T18:46:11-06:00	ReturnTs
Tax Period End	2017-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SEILER LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	THREE LAGOON DR STE 400	AddressLine1Txt
City	REDWOOD CITY	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94065	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2017-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	274196690	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE JAY & ROSE PHILLIPS FAMILY	BusinessNameLine1Txt
Business Name Line2	FOUNDATION OF CALIFORNIA	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
In Care Of	% SEILER LLP	InCareOfNm
Business Name Control	PHIL	BusinessNameControlTxt
Phone	4156251050	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	199 FREMONT STREET 20TH FLOOR	AddressLine1Txt
City	SAN FRANCISCO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94105	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JOHN P LEVIN	PersonNm
Person Title	CHAIRMAN	PersonTitleTxt
Phone	4156251050	PhoneNum
Signature	2018-11-05	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	BRADFORD E WATTERSON	PreparerPersonNm
PTIN	P00082812	PTIN
Phone	6503654646	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	12.97.82.67	IPv4AddressTxt

Field	Value	IRS element (for citing)
Federal Original Submission Id	94293920183165000000	FederalOriginalSubmissionId
Federal Original Submission Id	2018-11-12	FederalOriginalSubmissionIdDt
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	91900CB6E64CC478F86F07C2FBBB75D0805065E7	AtSubmissionCreationDeviceId
At Submission Filing Device Id	A7F1DB048A26177136EDC980A236BAF1DBCF177C	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$75,259,212	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$0	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$2,061,653	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$1,997,043	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$11,290,704	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$72,654,294	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$14,975,140	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$132,926	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$164,396	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$13,485,283	TotalRevAndExpnssAmt
Total Net Invst Incm	$17,136,579	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Legal Fees Rev And Expnss	$12,128	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$6,064	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$6,064	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$45,155	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$22,578	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$22,577	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$207,172	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$189,098	OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss	$202,708	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$92,884	TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss	$64,296	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$52,238	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$12,058	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$531,459	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$362,862	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$40,699	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$3,666,500	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$3,666,500	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$4,197,959	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$362,862	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$3,707,199	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$9,287,324	ExcessRevenueOverExpensesAmt
Net Investment Income	$16,773,717	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$241,743	CashBOYAmt
Cash EOY	$544,458	CashEOYAmt
Cash EOYFMV	$544,458	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$736,845	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$268,860	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$268,860	SavAndTempCashInvstEOYFMVAmt
US Government Obligations EOY	$2,597,254	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$2,597,254	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$39,006,643	CorporateStockBOYAmt
Corporate Stock EOY	$56,430,372	CorporateStockEOYAmt
Corporate Stock EOYFMV	$56,430,372	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$17,299,868	CorporateBondsBOYAmt
Corporate Bonds EOY	$13,011,071	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$13,011,071	CorporateBondsEOYFMVAmt
Other Investments BOY	$8,905,459	OtherInvestmentsBOYAmt
Other Investments EOY	$1,210,359	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$1,210,359	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$24,248	OtherAssetsBOYAmt
Other Assets EOY	$1,196,838	OtherAssetsEOYAmt
Other Assets EOYFMV	$1,196,838	OtherAssetsEOYFMVAmt
Total Assets BOY	$66,214,806	TotalAssetsBOYAmt
Total Assets EOY	$75,259,212	TotalAssetsEOYAmt
Total Assets EOYFMV	$75,259,212	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$88,300	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$88,300	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$88,300	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$88,300	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$66,126,506	UnrestrictedBOYAmt
Unrestricted EOY	$75,170,912	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$66,126,506	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$75,170,912	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$66,214,806	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$75,259,212	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$66,126,506	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$9,287,324	ExcessRevenueOverExpensesAmt
Subtotal	$75,413,830	SubtotalAmt
Other Decreases	$242,918	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$75,170,912	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PUBLICLY TRADED SECURITIES	P	2000-01-01	2017-12-31	$64,777,969	$57,679,154	$7,098,815	$7,098,815
CF MARATHON LONDON INTL INV TRUST - CAP GL	P	2000-01-12	2017-12-31	$2,201,568		$2,201,568	$2,201,568
SEMPER VIC PTRS(QP) LP - CAP GL	P	2000-01-01	2017-12-31	$5,281,144		$5,281,144	$5,281,144
LONG TERM CAPITAL GAIN DISTRIBUTION	P	2000-01-01	2017-12-31	$393,613		$393,613	$393,613

Field	Value	IRS element (for citing)
Capital Gain Net Income	$14,975,140	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$3,389,887	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$66,286,614	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.05114	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$3,514,276	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$70,853,981	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.049599	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$3,572,372	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$71,306,915	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.050099	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$3,111,745	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$67,047,978	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.046411	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$2,841,685	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$60,894,643	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.046666	DistributionYr5Rt
Total Distribution	0.243915	TotalDistributionRt
Average Distribution	0.048783	AverageDistributionRt
Net Vl Noncharitable Assets	$71,981,104	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$3,511,454	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$167,737	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$3,679,191	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$3,707,199	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$167,737	InvestmentIncomeExciseTaxAmt
Subtotal	$167,737	SubtotalAmt
Tax Based On Investment Income	$167,737	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$147,011	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$45,000	ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits	$192,011	TotalPaymentsAndCreditsAmt
Overpayment	$24,274	OverpaymentAmt
Applied To ES Tax	$24,274	AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	CA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	NONE	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	SEILER LLP	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6503654646	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	THREE LAGOON DRIVE SUITE 400	AddressLine1Txt
City	REDWOOD CITY	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	940655157	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	Yes (true)	ForeignAccountsQuestionInd
Foreign Country	UK	ForeignCountryCd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
JOHN P LEVIN
199 FREMONT STREET 20TH FLOOR	SAN FRANCISCO	CA	94105	CHAIRMAN	5.0	$0	$0	$0
TERRYL A LEVIN
199 FREMONT STREET 20TH FLOOR	SAN FRANCISCO	CA	94105	SECRETARY	5.0	$0	$0	$0
Peter M Folger
199 FREMONT STREET 20TH FLOOR	SAN FRANCISCO	CA	94105	TREASURER & DIRECTOR	5.0	$0	$0	$0

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE NORTHERN TRUST COMPANY	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 803878	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60680	ZIPCd

Field	Value	IRS element (for citing)
Service Type	INVESTMENT FEES	ServiceTypeTxt
Compensation	$229,986	CompensationAmt

Field	Value	IRS element (for citing)
Summary Of Direct Chrtbl Acty		SummaryOfDirectChrtblActyGrp
Sum Of Program Related Invst		SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$64,946,262	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$3,179,805	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$4,951,196	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$73,077,263	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$73,077,263	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$1,096,159	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$71,981,104	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$3,599,055	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$3,599,055	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$167,737	TaxBasedOnInvestmentIncomeAmt
Total Tax	$167,737	TotalTaxAmt
Distributable Before Adj	$3,431,318	DistributableBeforeAdjAmt
Distributable Before Ded	$3,431,318	DistributableBeforeDedAmt
Distributable As Adjusted	$3,431,318	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$3,707,199	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid	$0	CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test	$0	SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test	$0	SetAsideCashDistriTestAmt
Qualifying Distributions	$3,707,199	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$167,737	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$3,539,462	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$3,431,318	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Prior Year1	2015	PriorYear1Yr
Prior Year2	2014	PriorYear2Yr
Prior Year3	2013	PriorYear3Yr
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr3	$81,338	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$50,733	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$127,062	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$259,133	TotalExcessDistributionCyovAmt
Qualifying Distributions	$3,707,199	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Current Year	$3,431,318	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$275,881	RemainingDistriFromCorpusAmt
Total Corpus	$535,014	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$535,014	ExcessDistriCyovToNextYrAmt
Excess From Year3	$81,338	ExcessFromYear3Amt
Excess From Year2	$50,733	ExcessFromYear2Amt
Excess From Year1	$127,062	ExcessFromYear1Amt
Excess From Current Year	$275,881	ExcessFromCurrentYearAmt

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	NA	ContributingManagerNm
Shareholder Manager	NA	ShareholderManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (32 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
Bay Area Cancer Connections
2335 El Camino Real	Palo Alto	CA	94306	NONE	PC	Unrestricted	$25,000
Big Sur Land Trust
PO Box 4071	Monterey	CA	93942	NONE	PC	Unrestricted	$10,000
California Trout
360 Pine Street 4th Floor	San Francisco	CA	94104	NONE	PC	Unrestricted	$5,000
Canine Companions for Independence
PO Box 446	Santa Rosa	CA	95402	NONE	PC	$25,000 Training of CCI Dogs for Veterans and $25,000 Capital for New Training Facility	$50,000
CareMessage
300 Brannan Street Suite 405	San Francisco	CA	94107	NONE	PC	Unrestricted	$100,000
CASA of Los Angeles
201 Centre Plaza Drive Room 1100	Monterey Park	CA	91754	NONE	PC	Transition Age Youth Program	$50,000
Coaching Corps
310 8th Street Suite 300	Oakland	CA	94607	NONE	PC	Unrestricted	$250,000
De Marillac Academy
175 Golden Gate Avenue	San Francisco	CA	94102	NONE	PC	Unrestricted	$1,000
Family Violence Appellate Project
1814 Franklin Street Suite 805	Oakland	CA	94612	NONE	PC	Unrestricted	$5,000
Fresh Lifelines for Youth
568 Valley Way	Milpitas	CA	95035	NONE	PC	Fresh Lifelines for Youths Alameda County Expansion	$100,000
Jewish Big Brothers Big Sisters of LA
6505 Wilshire Boulevard Suite 600	Los Angeles	CA	90048	NONE	PC	E-Mentoring Program	$34,000
Jewish Community Center of San Francisco
3200 California Street	San Francisco	CA	94118	NONE	PC	Unrestricted	$25,000
Jewish Family and Children's Services
2150 Post Street	San Francisco	CA	94115	NONE	PC	Disabilities Project	$500,000
Jewish Vocational Services
6505 Wilshire Boulevard Suite 200	Los Angeles	CA	90048	NONE	PC	JVSWorks Programs	$48,000
KQED Inc
2601 Mariposa Street	San Francisco	CA	94110	NONE	PC	Unrestricted	$10,000
Legal Aid at Work
180 Montgomery Street Suite 600	San Francisco	CA	94104	NONE	PC	Fair Play for Girls in Sports Project	$100,000
Los Angeles Philharmonic Association
151 S Grand Avenue	Los Angeles	CA	90014	NONE	PC	Youth Orchestra Los Angeles	$25,000
Marin Country Day School
5221 Paradise Drive	Corte Madera	CA	94925	NONE	PC	LIFT Fund	$10,000
Pathways Hospice Foundation
585 N Mary Avenue	Sunnyvale	CA	94085	NONE	PC	Unrestricted	$2,500
Santa Catalina School
1500 Mark Thomas Drive	Monterey	CA	93940	NONE	PC	Endowment for Promising Students Scholarships	$50,000
Southern California Counseling Center
5615 W Pico Boulevard	Los Angeles	CA	90019	NONE	PC	Psychiatric Services Program	$75,000
Stanford Health Care
300 Pasteur Drive	Stanford	CA	94305	NONE	PC	Unrestricted	$1,500,000
Stanford University
326 Galvez Street	Stanford	CA	94305	NONE	PC	Unrestricted	$250,000
The GEANCO Foundation
350 S Grand Avenue 25th Floor	Los Angeles	CA	90071	NONE	PC	Unrestricted	$50,000
thesecondopinion
1200 Gough Street Suite 500	San Francisco	CA	94109	NONE	PC	Unrestricted	$1,000
Three Square
4190 N Pecos Road	Las Vegas	NV	89115	NONE	PC	Unrestricted	$15,000
UCSF Foundation
UCSF Box 0248	San Francisco	CA	94113	NONE	PC	Give Breast Cancer the Boot	$10,000
USC School of Social Work
669 West 34th Street MRF 220	Los Angeles	CA	90089	NONE	PC	Law Enforcement Advanced Development Certificate Program	$125,000
AMERICAN ASSOCIATION OF STATE COLLEGES
AND UNIVERITIES	Washington	DC	20005	NONE	PC	American Democracy Project	$100,000	1307 New York Avenue NW 5th Floor
Curtis School
15871 Mulholland Drive	Los Angeles	CA	90049	NONE	PC	Unrestricted	$20,000
Harvard-Westlake School
3700 Coldwater Canyon	Studio City	CA	91604	NONE	PC	Bridge Year Fellowship Program	$20,000
Partners for Justice
25 Minetta Lane APT 5D	New York	NY	10012	NONE	PC	Unrestricted	$100,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$3,666,500	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Field	Value	IRS element (for citing)
Fees Contracts From Govt Ag		FeesContractsFromGovtAgGrp
Membership Dues And Assmnt		MembershipDuesAndAssmntGrp
Int On Sav And Temp Cash Invst		IntOnSavAndTempCashInvstGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$2,061,653	ExclusionAmt

Field	Value	IRS element (for citing)
Net Rntl Incm Re Debt Fincd Prop		NetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Income Personal Prop		NetRentalIncomePersonalPropGrp
Other Investment Incm Part VII		OtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$11,290,704	ExclusionAmt

Field	Value	IRS element (for citing)
Net Income Loss From Special Evt		NetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of Invntry		GrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	OTHER INCOME	Desc
Exclusion	01	ExclusionCd
Exclusion	$132,926	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$13,485,283	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$13,485,283	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$45,155	Amt
Net Investment Income	$22,578	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$22,577	DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	SEE ATTACHMENT C	BondNm
EOY Book Value	$13,011,071	EOYBookValueAmt
EOYFMV	$13,011,071	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	SEE ATTACHMENT B	StockNm
EOY Book Value	$56,430,372	EOYBookValueAmt
EOYFMV	$56,430,372	EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$2,597,254	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$2,597,254	USGovtObligationsEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	SEE ATTACHMENT D	CategoryOrItemTxt
Listed At Cost Or FMV	FMV	ListedAtCostOrFMVCd
Book Value	$1,210,359	BookValueAmt
EOYFMV	$1,210,359	EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEE	CategoryTxt
Legal Fees	$12,128	LegalFeesAmt
Net Investment Income	$6,064	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$6,064	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	DUE FROM BROKER	Desc
BOY Book Value	$24,248	BOYBookValueAmt
EOY Book Value	$1,196,838	EOYBookValueAmt
EOYFMV	$1,196,838	EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED LOSS	Desc
Amt	$242,918	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
CUSTODY FEES	$38,340	$38,340
TRANSACTION FEES	$2,000	$2,000
ADMINISTRATIVE SERVICES	$23,796	$11,898	$11,898
FTB FEE	$10		$10
STATE FILING FEE	$150		$150

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
OTHER INCOME	$132,926	$1,899
CF MARATHON-LONDON INTL - OTHER INCOME		$160,419
SEMPER VIC PARTNERS (QP), L.P. - INCOME		$2,078

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	DEFERRED TAX LIABILITY	Desc
BOY Book Value	$88,300	BOYBookValueAmt
EOY Book Value	$88,300	EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	INVESTMENT MANAGEMENT FEES	CategoryTxt
Amt	$207,172	Amt
Net Investment Income	$189,098	NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
EXCISE TAXES	$139,000
FOREIGN TAXES	$63,708	$92,884