2015-11-12T18:12:55-08:00 2014-12-31 Fontanello Duffield & Otake LLP 44 Montgomery Street Suite 1305 San Francisco CA 94104 990PF 2014-01-01 200595609 The Marcled Foundation MARC 4153465757 235 Montgomery Street San Francisco CA 94104 Claire Solot Pres/Dir 2015-11-12 false Carol Duffield P01257136 4159830200 2014 2016-02-25 16:41:14Z X 37441822 X X 1147 1147 899853 899853 669216 8037153 669216 24774 4774 1594990 1574990 16263 16263 272167 271943 49818 49818 7654 7654 3880 1940 1940 143576 133082 10472 18201 3201 1819 101455 101440 23708 23948 526 526 57516 61701 696583 138223 545705 2871000 2971000 3567583 138223 3516705 -1972593 1436767 4211014 3310227 3310227 8208 433755 37850 21411 21411 3209620 2851465 2851465 30947962 31148938 31148938 15117 8464 26841 6653 19423 64088 90358 90358 38939338 37429052 37441822 15163 10999 100000 21401 21401 136564 32400 X 38802774 37396652 38802774 37396652 38939338 37429052 38802774 -1972593 566471 37396652 37396652 669216 false 2264016 38310946 0.05910 3364755 51763896 0.06500 3308819 70190247 0.04714 3421382 69428597 0.04928 2160683 63464728 0.03405 0.25456 0.05091 38259876 1947925 14368 1962293 3516705 X 14368 14368 14368 32849 32849 X 18481 18481 false false false false false false false false true true CA DE true false false false true true www.marcled.org Derek Aspacher 4153465757 235 Montgomery Street 1270 San Francisco CA 94104 false false false true true false false false false false false false false false false false false false true false false true false false false false Claire Solot 235 Montgomery Street 1270 San Francisco CA 94104 Pres/Dir 5.00 8000 263 Mary Bianco 235 Montgomery Street 1270 San Francisco CA 94104 Sec'tary/Dir 5.00 8000 Edwin Solot Jr 235 Montgomery Street 1270 San Francisco CA 94104 Tres/Dir 5.00 0 Derek Aspacher 235 Montgomery Street 1270 San Francisco CA 94104 Exec Dir 35.00 149523 12813 Melissa Boilon 235 Montgomery Street 1270 San Francisco CA 94104 Grants Mgr 35.00 69123 7017 Baker Street Advisors LLC 455 Market Street San Francisco CA 94105 Investment Advisory 133082 32442861 4300761 2098892 38842514 0 38842514 582638 38259876 1912994 1912994 14368 14368 1898626 1898626 1898626 3516705 3516705 14368 3502337 1898626 249217 958938 1208155 3516705 0 1898626 1618079 2826234 0 2826234 249217 958938 1618079 X Cuesta College Foundation PO Box 8106 San Luis Obispo CA 93493 N/A PC Children's Center Scholarship Fund 25000 Fidelity Charitable Gift Fund PO Box 770001 Cincinnati OH 45277 N/A PC Discretionary Grants 200000 Fidelity Charitable Gift Fund PO Box 770001 Cincinnati OH 45277 N/A PC Discretionary Grants 200000 Schwab Investment Charitable Gift F 200 Seaport Boulevard Ze7 Boston MA 02210 N/A PC General Support 200000 Earned Asset Resource Network Inc 235 Montgomery Street 470 San Francisco CA 94104 N/A PC Gen Op to Expand Services 50000 Jewish Vocational Service of LA 6505 Wilshire Blvd 200 Los Angeles CA 90048 N/A PC JVS Works 60000 Jewish Vocational Career Counseling 225 Bush Street San Francisco CA 94104 N/A PC Nursing Refresher Program 100000 Fidelity Investment Charitable Gift 200 Seaport Boulevard Ze7 Boston MA 02210 N/A PC Donor Advised Fund 86000 Year-Up Inc 93 Summer Street Boston MA 02110 N/A PC General Operating Support for San Francisco 100000 Juma Ventures 131 Steuart Street San Francisco CA 94105 N/A PC Pathways Program in San Francisco 80000 University Corporation of SF State 1600 Holloway Ave ADM 361 San Francisco CA 94132 N/A PC Guardian Scholars Program 45000 Mission Asset Fund 2301 Mission Street 303 San Francisco CA 94110 N/A PC Lending Circles Program 50000 Mission SF Community Financial Res 3269 Mission Street San Francisco CA 94110 N/A PC General Operating Support & MyPath Program 40000 Strategic Actions for a Just Econom 152 W 32nd Street Los Angeles CA 90007 N/A PC Figueroa Corridor Community Jobs Program 20000 Upwardly Global 582 Market Street 1207 San Francisco CA 94104 N/A PC Employment Success Program 60000 New Door Ventures 3221 20th Street San Francisco CA 94110 N/A PC Youth Development Programs 50000 Youth Policy Institute 634 S Spring Street Los Angeles CA 90014 N/A PC LA College Success Program 40000 La Cocina 2948 Folsom Street San Francisco CA 94110 N/A PC General Support for SF Efforts 60000 Renaissance Entrepreneurship Center 275 5th Street San Francisco CA 94103 N/A PC General Support for Bayview Facility 50000 Community Housing Partnership 20 Jones Street 200 San Francisco CA 94102 N/A PC Employment Pathway Program 35000 First Place Fund for Youth 426 17th Street Oakland CA 94612 N/A PC Steps to Success Program in LA 100000 Coalition for Responsible Community 3101 South Grand Avenue Los Angeles CA 90007 N/A PC General Operating Support 40000 Single Stop USA 369 Pine Street 503 San Francisco CA 94104 N/A PC LATTC Single Stop Site 100000 Beyond 12 901 Mission Street 205 San Francisco CA 94103 N/A PC General Operating Support 35000 Meritus College Fund 1012 Torney Avenue San Francisco CA 94129 N/A PC Career Connections Program 35000 First Graduate 3130 20th Street 275 San Francisco CA 94110 N/A PC General Operating Support 60000 Mission Economic Development Agency 2301 Mission Street 301 San Francisco CA 94110 N/A PC Worklink Program & Evaluation 60000 Opportunity Fund 111 W St John Street 800 San Jose CA 95113 N/A PC Micro-lending Program in SF & LA 100000 College Track 4301 3rd Street San Francisco CA 94124 N/A PC Bayview Hunters Point Site 85000 United Friends of the Children 1055 Wilshire Blvd 1955 Los Angeles CA 90017 N/A PC College Readiness Program 50000 University Corporation of SF State 1600 Holloway Ave ADM 361 San Francsico CA 94132 N/A PC Metro Academies Transfer Program 85000 Los Angeles City College Foundation 855 North Vermont Avenue Los Angeles CA 90029 N/A PC Guardian Scholars Program 40000 Advancement Through Opportunity and 1200 W 37th Pl Los Angeles CA 90007 N/A PC ARISSE Program 40000 Project GRAD LA Inc 10200 Sepulveda Blvd 255 Mission Hills CA 91345 N/A PC College Success Program 50000 Environmental Charter Schools 812 West 165th Place Los Angeles CA 90247 N/A PC Launching College Prep Program 35000 Green Dot Public Schools 1149 South Hill 600 Los Angeles CA 90015 N/A PC Gen Op for Innovation Hub 50000 Gateway Public Schools 1512 Golden Gate Avenue San Francisco CA 94115 N/A PC Gateway Middle School 35000 CFED 353 Folsom Street 2nd Floor San Francisco CA 94105 N/A PC The 1:1 Fund 30000 Mission Graduates 3040 16th Street San Francisco CA 94103 N/A PC General Support 50000 Foundation of City College of SF PO Box 40488 San Francisco CA 94140 N/A PC Education Master Plan Development 25000 I Have A Dream Foundation LA 3580 Wilshire Blvd 720 Los Angeles CA 90010 N/A PC Watts Program 30000 Network For Teaching Entrepreneursh 350 S Bixel Street Ste 280 Los Angeles CA 90017 N/A PC Youth Entrepreneurship Initiative 30000 One Voice 1228 15th Street C Santa Monica CA 90404 N/A PC College Scholars Program 50000 Heart of Los Angeles Youth Inc 2701 Wilshire Blvd 100 Los Angeles CA 90057 N/A PC Academics Program 50000 Allan Hancock College Foundation 800 S College Dr Santa Maria CA 93454 N/A PC Career Integration Program 50000 Community Partners PO Box 5363 Santa Monica CA 90409 N/A PC Determined to Succeed 25000 Sponsors for Educational Opportunit 55 Exchange Place New York NY 10005 N/A PC College Scholars Program 30000 College Bound- Dollars for Achiever 17316 Edwards Rd 180 Cerritos CA 90703 N/A PC STEM Academy/ College Access 50000 2971000 14 1147 14 899853 18 669216 Insurance Dividend 14 186 Interest on Notes 14 10977 Refund of Expense 20000 Rental Income 16 -6389 1574990 20000 1594990 11c Refund of an expense incurred by the Foundation. false false false false false false false false false false Tax Preparation 3880 1940 0 1940 Computer 2010-08-01 5085 3475 SL 5.0000 1017 Computer 2010-09-21 1030 670 SL 5.0000 206 Table 2010-10-12 5962 1949 SL 10.0000 596 The Moca Foundation 435 Pacific Avenue Suite 200 San Francisco CA 94133 2012-03-27 10000000 2012 Endowment Grant 546175 No 4/23/2015 2015-04-23 Per terms of the grant agreement, Moca Foundation can only spend the income earned by the endowment grant, and only in special circumstances invade the principle. According to the report submitted, the original endowment amount was not invaded. The report also substantiated the expenditures made. No exceptions noted. Bigglesworth Family Foundation 1012 Torney Avenue San Francisco CA 94129 2012-03-27 10000000 2012 Endowment Grant 553947 No 3/30/2015 2015-03-30 Per terms of the grant agreement, Bigglesworth Family Foundation can only spend the income earned by the endowment grant, and only in special circumstances invade the principle. According to the report submitted, the original endowment amount was not invaded. The report also substantiated the expenditures made. No exceptions noted. Phantasos Foundation 1100 Somera Road Los Angeles CA 90077 2012-09-04 10750000 2012 Endowment Grant 598561 No 4/15/2015 2015-04-15 Per terms of the grant agreement, Phantasos Foundation can only spend the income earned by the endowment grant, and only in special circumstances invade the principle. According to the report submitted, the original endowment amount was not invaded. The report also substantiated the expenditures made. No exceptions noted. General Explanation Supplemental Information for Form 990-PF Statement 17Form 990-PFPart V Qualification Under Section 4940(e) for Reduced Tax on Net Investment IncomeDuring 2007, the Marcled Foundation received a significant disposition of assets from a "Parent Foundation." As a result of being a recipient of a significant disposition of assets under Treasury Regulation 1.507-3(a)(1), the successor foundation, as transferee organization, is treated as possessing those attributes and characteristics of the transferor which are described in Treasury Regulation 1.507-3(a)(2), (3), and (4). The Marcled Foundation received the final disposition of assets from the "Parent Foundation" in 2009 and the inherited the attributes of $20,736 in adjusted qualifying distributions and $56,179 in net value of non charitable-use assets which are included in the calculation of Marcled's tax rate for 2014. Berkshire Hathaway A, 4 Sh 904000 904000 Alexandria Real Estate, 124 Sh 11003 11003 American Campus Cmmtys Inc, 258 Sh 10670 10670 Boston Properties Inc, 104 Sh 13384 13384 Corporate Offices Ppty Inc, 462 Sh 13107 13107 DCT Industrial Trust Inc, 329 Sh 11732 11732 Essex Property Trust Inc, 41 Sh 8471 8471 SL Green Realty, 38 Sh 4523 4523 Ventas Inc, 172 Sh 12332 12332 AXA ADS, 830 Sh 19288 19288 BASF SE ADR, 525 Sh 44393 44393 BHP Billiton Ltd, 1285 Sh 60806 60806 British Amer Tob AD, 420 Sh 45284 45284 Brookfield Asset Mgmnt Inc, 805 Sh 40355 40355 Canadian Natl Railways Co, 1160 Sh 79936 79936 Canadian Natural Resources, 1,340 Sh 41379 41379 Core Laboratories N V, 115 Sh 13839 13839 Diageo ADR, 375 Sh 42784 42784 Ensign Energy Services, 645 Sh 5680 5680 Ingersoll Rand Co PLC, 1,670 Sh 105861 105861 Manulife Financial Corp, 760 Sh 14508 14508 Nabors Industries Ltd, 4,475 Sh 58086 58086 Nestle SA Spon 967, Sh 70993 70993 Noble Corp, 2,005 Sh 33223 33223 Novartis AG ADR, 540 Sh 50036 50036 Partnerre Hldgs, 405 Sh 46223 46223 Potash Corp of Saskatchewan, 1,300 Sh 45916 45916 Rio Tinto ADR, 1,795 Sh 82678 82678 Schlumberger Ltd, 1,425 Sh 121709 121709 Suncor Energy Inc, 1,990 Sh 63242 63242 Talisman Energy Inc, 1,240 Sh 9709 9709 Teck Resources Ltd, 430 Sh 5865 5865 Tenaris SA, 1,890 Sh 57097 57097 UBS AG, 2,356 Sh 40170 40170 Unilever NV, 880 Sh 34355 34355 Weatherford Intl Ltd, 5,620 Sh 64349 64349 Yara Intl ASA Spons ADR, 115 Sh 5120 5120 Vale SA, 2,855 Sh 23354 23354 Forest CY Enterprise A, 460 Sh 9798 9798 Simon Ppty Group Inc, 164 Sh 29866 29866 DuPont Fabros Technology, 113 Sh 3756 3756 Eastgroup Properties Inc, 87 Sh 5509 5509 Federal Realty Invst Tr, 64 Sh 8541 8541 Canadian Pacific Railways Co, 590 Sh 113687 113687 Avalonbay Communities, 99 Sh 16176 16176 Biomed Rlty, 273 Sh 5880 5880 CBL & Associates, 210 Sh 4078 4078 DDR Corp, 404 Sh 7417 7417 Education Rlty, 201 Sh 7355 7355 Post Pptys, 151 Sh 8874 8874 Vornado Rlty, 90 Sh 10594 10594 Finning International, 190 Sh 4139 4139 Host Hotels & Resorts Inc, 415 Sh 9865 9865 Lasalle Hotel Pptys, 167 Sh 6758 6758 Taubman Centers Inc, 68 Sh 5197 5197 Eaton Corp, 850 Sh 57766 57766 Alexander & Baldwin, 288 Sh 11307 11307 Campus Crest CMNTYS, 270 Sh 1974 1974 SBA Communications CPRP, 44 Sh 4873 4873 Acadia Realty Trust, 321 Sh 10282 10282 Cubesmart, 328 Sh 7239 7239 General Growth PPTYS, 527 Sh 14825 14825 Liberty PPTY TR, 190 Sh 7150 7150 Allegion PLC CIM, 556 Sh 30836 30836 Ensco PLC COM, 765 Sh 22912 22912 Paragon Offshore PLC, 668 Sh 1850 1850 Extended Stay Amer, 235 Sh 4538 4538 Las Vegas Sands, 104 Sh 6049 6049 Wynn Resorts Ltd, 15 Sh 2231 2231 American Homes 4 Rent, 220 Sh 3747 3747 American Residential, 205 Sh 3602 3602 Brandywine Rlty Tr, 510 Sh 8150 8150 Catchmark Timber Tr, 360 Sh 4075 4075 Cedar Realty Trust, 310 Sh 2275 2275 Coresite Realty Corp, 200 Sh 7810 7810 Cousins Ppptys Inc, 335 Sh 3826 3826 First Indl Rlty Tr, 105 Sh 2159 2159 Highwoods Pptys Inc, 95 Sh 4207 4207 Kite Realty Group, 331 Sh 9513 9513 Macerich Co, 66 Sh 5505 5505 National Health, 62 Sh 4338 4338 Paramount Group Inc,115 Sh 2138 2138 Prologis Inc Com, 100 Sh 4303 4303 Public Storage, 58 Sh 10721 10721 Ramco Gershenson, 235 Sh 4404 4404 Terreno Rlty Corp, 335 Sh 6911 6911 Weyerhaeuser Co, 195 Sh 6999 6999 West Palm Beach Venture FMV 291321 291321 Ivy Glob Natl Resources, 20,406 Sh FMV 334665 334665 Ivy Asset Strategy, 37,571 Sh FMV 967093 967093 Vanguard Intl Equity, 32,869 Sh FMV 1315417 1315417 Vanguard Index Fds REIT, 12,947 Sh FMV 1048707 1048707 Vanguard Index Fds Sm Cap, 6,926 Sh FMV 807987 807987 Realty Income Corp, 9,247 Sh FMV 441174 441174 Vanguard FTSE, 42,195 Sh FMV 1598347 1598347 DFA Commodity Strategy Port, 41,135 Sh FMV 288361 288361 Gladstone COML Corp, 16,950 Sh FMV 291032 291032 Lexington Realty Tr, 17,056 Sh FMV 187275 187275 Northstar Rlty Fin, 5,700 Sh FMV 100206 100206 One Liberty PPTYS, 8,800 Sh FMV 208296 208296 Relect Income REIT, 10,714 Sh FMV 261529 261529 Stag Indl Inc Com, 8,177 Sh FMV 200337 200337 Fidelity Treasury, 4,684 Sh FMV 4685 4685 Northstar Rlty Fin, 5,900 Sh FMV 103722 103722 Vanguard Index FDS, 63,488 Sh FMV 6729728 6729728 Vanguard Total Bond, 1,248,424 Sh FMV 13570376 13570376 Vanguard Short Term, 26,983 Sh FMV 653270 653270 Fidelity Treasury, 88.12 Sh FMV 88 88 Argin Realty Co, Inc FMV 520917 520917 Kesmar Realty Co, Inc FMV 243834 243834 Darb Realty Co FMV 75446 75446 17 West Orange Realty FMV 487125 487125 26 East Realty Co, Inc FMV 418000 418000 Furniture and Fixtures 15117 8464 6653 19423 Legal Fees 7654 0 0 7654 Art Work 20726 20726 20726 Deposit 15616 7383 7383 Interest/Dividend Receivable 27746 62249 62249 Advertising & Marketing 1138 1138 Annual Filings & Licenses 609 609 Bank Charges 952 796 Bookkeeping 4986 4986 Computer Expense 2429 2429 D & O Insurance 2250 2250 Equipment Leasing 2953 2953 Furniture 3668 9157 Insurance 2589 792 Membership Dues 8297 8297 Miscellaneous 65 Moving & Repairs 1152 1152 Office Incidentals 2479 2761 Office Supplies 2572 2272 Payroll Processing 2292 2292 Postage and Shipping 390 331 Professional Development 1500 Recruitment 30 200 Software Leasing 3700 3700 Subscriptions 77 77 Telecommunications 5549 5896 Telephone Equipment 5524 6879 Web Hosting 2380 2669 Insurance Dividend 186 186 Interest on Notes 10977 10977 Refund of Expense 20000 Rental Income -6389 -6389 Deferred Excise Taxes 21401 21401 401K Admin 3060 0 0 0 Investment Fees 133082 133082 0 0 IT & HTML 5739 0 0 8084 Other Professional Consultants 1695 0 0 2388 Excise Tax 15000 Foreign Withholding on Dividends 3201 3201