2017-05-15T13:47:23-05:00 2016-06-30 930874157 GROVE MUELLER & SWANK PC 475 COTTAGE STREET NE SUITE 200 SALEM OR 97301 990 2015-07-01 452900382 B HASSO FAMILY FOUNDATION BHAS 7143407849 PO BOX 17358 ANAHEIM CA 928177358 ALAN R HASSO PRESIDENT 7143407849 2017-05-09 1 ROBERT C GROVE CPA P00145721 5035817788 2015 2021-01-29 14:40:06Z ALAN R HASSO PO BOX 17358 ANAHEIM CA 928177358 7775 0 X NONE X 2011 DE THE FOUNDATION PLANS TO FURTHER ITS SOCIAL WELFARE AND CHARITABLE PURPOSES THROUGH GRANTMAKING ACTIVITIES IN FURTHERANCE OF THE PHILANTHROPIC GOALS OF THE HASSO FAMILY. THE FOUNDATION EXPECTS THAT IT WILL PRINCIPALLY MAKE GRANTS TO EDUCATIONAL ORGANIZATIONS, CHURCHES AND RELIGIOUS ORGANIZATIONS, AND OTHER CHARITABLE ORGANIZATIONS THAT ARE RECOGNIZED AS PUBLIC CHARITIES (OR EQUIVALENT PUBLICLY SUPPORTED ORGANIZATIONS) TO SUPPORT THEIR CHARITABLE ACTIVITIES. IN ADDITION, THE FOUNDATION MAY PROVIDE GRANTS TO FOREIGN CHARITABLE, RELIGIOUS, AND EDUCATIONAL INSTITUTIONS. THE FOUNDATIONS WILL NOT CARRY ON ANY ACTIVITY NOT PERMITTED TO BE CARRIED ON BY AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(4). X 3 3 0 7 0 0 0 0 0 0 30616 7775 0 0 30616 7775 700000 5933082 0 0 0 0 0 0 0 215630 6000 915630 5939082 -885014 -5931307 2967429 4561 0 3010000 2967429 -3005439 X THE FOUNDATION PLANS TO FURTHER ITS SOCIAL WELFARE AND CHARITABLE PURPOSES THROUGH GRANTMAKING ACTIVITIES IN FURTHERANCE OF THE PHILANTHROPIC GOALS OF THE HASSO FAMILY. THE FOUNDATION EXPECTS THAT IT WILL PRINCIPALLY MAKE GRANTS TO EDUCATIONAL ORGANIZATIONS, CHURCHES AND RELIGIOUS ORGANIZATIONS, AND OTHER CHARITABLE ORGANIZATIONS THAT ARE RECOGNIZED AS PUBLIC CHARITIES (OR EQUIVALENT PUBLICLY SUPPORTED ORGANIZATIONS) TO SUPPORT THEIR CHARITABLE ACTIVITIES. IN ADDITION, THE FOUNDATION MAY PROVIDE GRANTS TO FOREIGN CHARITABLE, RELIGIOUS, AND EDUCATIONAL INSTITUTIONS. THE FOUNDATIONS WILL NOT CARRY ON ANY ACTIVITY NOT PERMITTED TO BE CARRIED ON BY AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(4). 0 0 5933082 5933082 THE ORGANIZATION MADE GRANTS TO CHARITABLE ORGANIZATIONS TO SUPPORT THEIR CHARITABLE ACTIVITIES. 5933082 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 X 3 3 1 0 1 0 1 1 0 1 1 0 0 1 0 0 0 0 0 0 CA X SAMA SUSAN HASSO TREASURER 7143407849 5120 E LA PALMA AVE SUITE 105 ANAHEIM CA 92807 X ALAN R HASSO FROM SEPT 2015 PRESIDENT 10.00 X X 0 0 0 SAMA SUSAN HASSO FROM SEPT 2015 TREASURER 1.00 X X 0 0 0 DANIEL A HASSO FROM SEPT 2015 SECRETARY 0.30 X X 0 0 0 RONALD HASSO TO SEPT 2015 PRESIDENT, TREASURER 1.00 X X 0 0 0 HEATHER HASSO TO SEPT 2015 DIRECTOR 0.30 X 0 0 0 LUIS SERRANO TO SEPT 2015 DIRECTOR 0.30 X 0 0 0 JAMES C MATTHEWS TO SEPT 2015 SECRETARY 1.00 X 0 0 0 0 0 0 0 0 0 0 PAUL HASTINGS LLP 515 SOUTH FLOWER ST 25TH FLOOR LOS ANGELES CA 90071 LEGAL SERVICES 113439 1 7775 7775 7775 0 0 7775 5933082 5933082 665 665 4130 4130 30 30 DUES & SUBSCRIPTIONS 1175 1175 5939082 5933082 6000 0 1458549 4561 1508880 2967429 4561 3010000 0 3010000 X 0 0 0 0 2967429 -3005439 2967429 -3005439 2967429 4561 -5931307 -41561 0 X 0 0 0 1 HASSO PHILANTHROPIC FOUNDATION 114 PACIFICA STE 310 IRVINE CA 92618 473441533 501(C)(3) 1465762 1467320 PUBLISHED MARKET VALUE 7330 SH SPDR S&P 500 ETF TRUST TO PROVIDE RESOURCES TO FUND THE ORGANIZATION'S CHARITABLE PURPOSE HASSO SERRANO FOUNDATION 114 PACIFICA STE 310 IRVINE CA 92618 473441330 501(C)(3) 3000000 TO PROVIDE RESOURCES TO FUND THE ORGANIZATION'S CHARITABLE PURPOSE 2 PART I, LINE 2: THE ORGANIZATION INQUIRES WITH THE GRANTEE ORGANIZATIONS AS TO THE USE OF GRANTED FUNDS. ALAN R HASSO OFFICER TO PROVIDE FUNDING FOR ASSET TRANSFERS TO NEW 501(C)(3) EXEMPT ENTITIES. X 3000000 3000000 0 1 1 ALAN R HASSO OFFICER TO MEET OPERATING EXPENSES. X 10000 10000 0 0 0 3010000 CASH 2015-09-14 1363146 473441533 HASSO PHILANTHROPIC FOUNDATION 114 PACIFICA STE 310 IRVINE CA 92618 501(C)(3) CASH 2015-09-16 102616 473441533 HASSO PHILANTHROPIC FOUNDATION 114 PACIFICA STE 310 IRVINE CA 92618 501(C)(3) 7330 SH SPDR S&P 500 ETF TRUST 2015-09-16 1467320 PUBLISHED MARKET VALUE 473441533 HASSO PHILANTHROPIC FOUNDATION 114 PACIFICA STE 310 IRVINE CA 92618 501(C)(3) CASH 2015-09-18 3000000 473441330 HASSO SERRANO FOUNDATION 114 PACIFICA STE 310 IRVINE CA 92618 501(C)(3) 1 0 0 0 PART II, LINE 2E: EXPLANATION OF INVOLVEMENT: LUIS SERRANOMR. SERRANO WAS AN OFFICER AND DIRECTOR OF B HASSO FAMILY FOUNDATION UNTIL THE TRANSFER OF ASSETS TO CREATE THE HASSO SERRANO FOUNDATION. MR. SERRANO IS NO LONGER AN OFFICER OR DIRECTOR OF B HASSO FAMILY FOUNDATION AND IS NOW THE PRESIDENT/CEO OF THE HASSO SERRANO FOUNDATION. PART II, LINE 2E: EXPLANATION OF INVOLVEMENT: JAMES C MATTHEWSMR. MATTHEWS WAS AN OFFICER OF THE B HASSO FAMILY FOUNDATION UNTIL THE TRANSFER OF ASSETS TO THE HASSO SERRANO FOUNDATION. MR. MATTHEWS IS NO LONGER AN OFFICER OF THE B HASSO FAMILY FOUNDATION AND IS NOW AN OFFICER OF THE HASSO SERRANO FOUNDATION. PART II, LINE 2E: EXPLANATION OF INVOLVEMENT: RONALD D. HASSOMR. HASSO WAS AN OFFICER AND DIRECTOR OF THE B HASSO FAMILY FOUNDATION UNTIL THE TRANSFER OF ASSETS TO HASSO PHILANTHROPIC FOUNDATION. MR. HASSO IS NO LONGER AND OFFICER OR DIRECTOR OF THE B HASSO FAMILY FOUNDATION AND IS NOW PRESIDENT/CEO OF THE HASSO PHILANTHROPIC FOUNDATION. PART II, LINE 2E: EXPLANATION OF INVOLVEMENT: HEATHER H. HASSOMS. HASSO WAS A DIRECTOR OF THE B HASSO FAMILY FOUNDATION UNTIL THE TRANSFER OF ASSETS TO THE HASSO PHILANTHROPIC FOUNDATION. MS. HASSO IS NO LONGER A DIRECTOR OF THE B HASSO FAMILY FOUNDATION AND IS NOW AN OFFICER OF THE HASSO PHILANTHROPIC FOUNDATION. FORM 990, PART VI, SECTION A, LINE 2 ALAN HASSO, SAMA HASSO AND DANIEL HASSO HAVE A FAMILY RELATIONSHIP WITH EACH OTHER. RONALD HASSO AND HEATHER HASSO HAVE A FAMILY RELATIONSHIP WITH EACH OTHER. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED AND RESTATED TO CHANGE THE COMPOSITION OF THE BOARD OF DIRECTORS. THE DEPARTING MEMBERS OF THE BOARD OF DIRECTORS WHO FORMED THE HASSO SERRANO FOUNDATION AND THE HASSO PHILANTHROPIC FOUNDATION, AND THEIR DESCENDENTS, ARE SPECIFICALLY EXCLUDED FROM BEING MEMBERS OF THE BOARD OF DIRECTORS OF B HASSO FAMILY FOUNDATION AT ANY FUTURE DATE. FORM 990, PART VI, SECTION A, LINE 6 THE VOTING DIRECTORS OF THE FOUNDATION ARE ITS MEMBERS AND THEY SHALL HOLD MEMBERSHIP VOTING RIGHTS IN PROPORTION TO THEIR VOTING RIGHTS AS DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS MAY ELECT NONVOTING DIRECTORS IN ADDITION TO VOTING DIRECTORS, AND MAY, IN THE MANNER SET FORTH IN THE BYLAWS, DESIGNATE A NONVOTING DIRECTOR TO BE AN ALTERNATE FOR A VOTING DIRECTOR OF THE SAME CLASS, IN WHICH CASE SUCH ALTERNATE MAY EXERCISE SUCH VOTING DIRECTOR'S VOTING POWER AT ANY MEETING FROM WHICH SUCH VOTING DIRECTOR IS ABSENT. ELECTION OF THE BOARD OF DIRECTORS SHALL OCCUR IN EACH ODD-NUMBERED CALENDAR YEAR AT THE ANNUAL MEETING OF THE BOARD OF DIRECTORS, AT WHICH TIME INCUMBENT VOTING DIRECTORS SHALL ELECT THEIR SUCCESSORS. EACH DIRECTOR MUST BE ELECTED BY THE VOTE OF MORE THAN HALF OF THE COMBINED VOTING POWER HELD BY THE INCUMBENT VOTING DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 EACH MEMBER OF THE BOARD OF DIRECTORS RECEIVES A COPY AND IS ASKED TO REVIEW THE 990. FORM 990, PART VI, SECTION B, LINE 15 NONE OF THE DIRECTORS AND OFFICERS ARE COMPENSATED. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING BOARD DOES NOT MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FURTHERMORE, THE CALIFORNIA ATTORNEY GENERAL MAINTAINS A PUBLICLY VIEWABLE WEBSITE WITH SCANNED COPIES OF THE ORGANIZATION'S 990 INFORMATION RETURNS. GRONINGEN INVESTMENT CORPORATION BELMONT CHAMBERS PO BOX 3443 ROAD TOWN TORTOLA VI VG1110 HOLDING COMPANY VI B HASSO FAMILY FOUNDATION C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0