﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2012v2.2">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-08-05T02:53:15-00:00</Timestamp>
    <TaxPeriodEndDate>2013-03-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>SAMUEL PONDOLFINO INCOME TAX SERVICE</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>131-A STONY CR 500</AddressLine1>
        <City>SANTA ROSA</City>
        <State>CA</State>
        <ZIPCode>95401</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2012-04-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>680314349</EIN>
      <Name>
        <BusinessNameLine1>BILLY FOUNDATION</BusinessNameLine1>
      </Name>
      <NameControl>BILL</NameControl>
      <Phone>7075451044</Phone>
      <USAddress>
        <AddressLine1>PO BOX 12205</AddressLine1>
        <City>SANTA ROSA</City>
        <State>CA</State>
        <ZIPCode>95406</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>EZRA COLE</Name>
      <Title>TREASURER</Title>
      <DateSigned>2013-08-05</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>SAMUEL PONDOLFINO</Name>
      <Phone>7075777445</Phone>
      <DatePrepared>2013-08-05</DatePrepared>
      <SelfEmployed>X</SelfEmployed>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="4">
    <IRS990EZ documentId="990EZ" softwareId="12000057" softwareVersion="12.18.605.2">
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <ScheduleBNotRequired>X</ScheduleBNotRequired>
      <WebSite>www.thebillys.org</WebSite>
      <Organization501c3 referenceDocumentId="990A">X</Organization501c3>
      <GrossReceipts>161023</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ContributionsGiftsGrantsEtc>18558</ContributionsGiftsGrantsEtc>
      <ProgramServiceRevenue>136801</ProgramServiceRevenue>
      <InvestmentIncome>585</InvestmentIncome>
      <FundraisingGrossIncome referenceDocumentId="0">4314</FundraisingGrossIncome>
      <SpecialEventsNetIncomeLoss>4314</SpecialEventsNetIncomeLoss>
      <GrossSalesOfInventory>765</GrossSalesOfInventory>
      <CostOfGoodsSold>500</CostOfGoodsSold>
      <GroProfitLossSalesOfInventory>265</GroProfitLossSalesOfInventory>
      <TotalRevenue>160523</TotalRevenue>
      <GrantsAndSimilarAmountsPaid>1147</GrantsAndSimilarAmountsPaid>
      <SalariesOtherCompEmplBenefits>34813</SalariesOtherCompEmplBenefits>
      <FeesAndOthPymtToIndContractors>2100</FeesAndOthPymtToIndContractors>
      <OccupancyRentUtilitiesAndMaint>5073</OccupancyRentUtilitiesAndMaint>
      <PrintingPublicationsPostage>1937</PrintingPublicationsPostage>
      <OtherExpensesTotal>102831</OtherExpensesTotal>
      <TotalExpenses>147901</TotalExpenses>
      <ExcessOrDeficitForYear>12622</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>23365</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>35987</NetAssetsOrFundBalancesEOY>
      <InfoInScheduleOPartII>X</InfoInScheduleOPartII>
      <CashSavingsAndInvestments>
        <BOY>14698</BOY>
        <EOY>26231</EOY>
      </CashSavingsAndInvestments>
      <LandAndBuildings>
        <BOY>1093</BOY>
        <EOY>1093</EOY>
      </LandAndBuildings>
      <OtherAssetsTotal>
        <BOY>10400</BOY>
        <EOY>10839</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>26191</BOY>
        <EOY>38163</EOY>
      </TotalAssets>
      <SumOfTotalLiabilities>
        <BOY>2826</BOY>
        <EOY>2176</EOY>
      </SumOfTotalLiabilities>
      <NetAssetsOrFundBalances>
        <BOY>23365</BOY>
        <EOY>35987</EOY>
      </NetAssetsOrFundBalances>
      <PrimaryExemptPurpose>Information, education and other services</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>Produce events for gay and bisexual men, friends and family to meet in safe and caring environment.</DescriptionProgramServiceAccom>
      </ProgramServiceAccomplishment>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Ken Kunert</PersonName>
        <Title>President</Title>
        <AvgHoursPerWkDevotedToPosition>000.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Michael Eccles</PersonName>
        <Title>Vice President</Title>
        <AvgHoursPerWkDevotedToPosition>000.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Ezra Cole</PersonName>
        <Title>Treasurer</Title>
        <AvgHoursPerWkDevotedToPosition>000.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>David Hedden</PersonName>
        <Title>Board Member</Title>
        <AvgHoursPerWkDevotedToPosition>000.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Jim Stockton</PersonName>
        <Title>Board Member</Title>
        <AvgHoursPerWkDevotedToPosition>000.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Richard Ploe</PersonName>
        <Title>Board Member</Title>
        <AvgHoursPerWkDevotedToPosition>000.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Jim Hughson</PersonName>
        <Title>Secretary</Title>
        <AvgHoursPerWkDevotedToPosition>000.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <ActivitiesNotPreviouslyRpt>false</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>false</MadeChangesToOrgnzngEtcDoc>
      <OrganizationHadUBI>false</OrganizationHadUBI>
      <SubjectToProxyTax>false</SubjectToProxyTax>
      <OrganizationDissolvedEtc>false</OrganizationDissolvedEtc>
      <DidOrgFileForm1120POLThisYear>false</DidOrgFileForm1120POLThisYear>
      <MadeLoansToFromOfficers>false</MadeLoansToFromOfficers>
      <TaxImposedUnderIRC4911>0</TaxImposedUnderIRC4911>
      <TaxImposedUnderIRC4912>0</TaxImposedUnderIRC4912>
      <TaxImposedUnderIRC4955>0</TaxImposedUnderIRC4955>
      <EngagedInExcessBenefitTrans>false</EngagedInExcessBenefitTrans>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TheBooksAreInCareOf>
        <NamePerson>Marcus Borgman</NamePerson>
        <AddressUS>
          <AddressLine1>PO Box 12205</AddressLine1>
          <City>Santa Rosa</City>
          <State>CA</State>
          <ZIPCode>954062205</ZIPCode>
        </AddressUS>
        <TelephoneNumber>7075451044</TelephoneNumber>
      </TheBooksAreInCareOf>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>false</DoesOrgHaveHospital>
      <TanningServicesProvided>false</TanningServicesProvided>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionWithControlEntity>false</TransactionWithControlEntity>
      <EngagePoliticalCmpgnActivities>false</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>false</EngageInLobbyingActivities>
      <OperatingSchool>false</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>false</TrnsfrsExemptNonCharRelatedOrg>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
      <FiledScheduleA>true</FiledScheduleA>
    </IRS990EZ>
    <IRS990ScheduleA documentId="990A" softwareId="12000057" softwareVersion="12.18.605.2">
      <PubliclySupportedOrg509a2>X</PubliclySupportedOrg509a2>
      <PublicSupportTotal170>0</PublicSupportTotal170>
      <PublicSupportPertcentage170>0.00000</PublicSupportPertcentage170>
      <GiftsGrantsContribReceived509>
        <CurrentTaxYearMinus4Years>23767</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>35356</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>19278</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>17701</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>22872</CurrentTaxYear>
        <Total>118974</Total>
      </GiftsGrantsContribReceived509>
      <GrossReceiptsFromAdmissions>
        <CurrentTaxYearMinus4Years>103422</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>105506</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>126886</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>122739</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>137566</CurrentTaxYear>
        <Total>596119</Total>
      </GrossReceiptsFromAdmissions>
      <Total509>
        <CurrentTaxYearMinus4Years>127189</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>140862</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>146164</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>140440</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>160438</CurrentTaxYear>
        <Total>715093</Total>
      </Total509>
      <PublicSupportTotal509>715093</PublicSupportTotal509>
      <GrossInvestmentIncome509>
        <CurrentTaxYear>585</CurrentTaxYear>
        <Total>585</Total>
      </GrossInvestmentIncome509>
      <Post1975UBTI>
        <Total>0</Total>
      </Post1975UBTI>
      <InvestmentIncomeAndUBTI>
        <CurrentTaxYear>585</CurrentTaxYear>
        <Total>585</Total>
      </InvestmentIncomeAndUBTI>
      <NetIncomeFromOtherUBI>
        <Total>0</Total>
      </NetIncomeFromOtherUBI>
      <OtherIncome509>
        <Total>0</Total>
      </OtherIncome509>
      <TotalSupportTotal>
        <CurrentTaxYearMinus4Years>127189</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>140862</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>146164</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>140440</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>161023</CurrentTaxYear>
        <Total>715678</Total>
      </TotalSupportTotal>
      <PublicSupportPercentage509>0.99920</PublicSupportPercentage509>
      <PriorYearSupportPercentage>1.00000</PriorYearSupportPercentage>
      <InvestmentIncomePercentage>0.00080</InvestmentIncomePercentage>
      <ThirtyThreePercntTestsCY509>X</ThirtyThreePercntTestsCY509>
    </IRS990ScheduleA>
    <IRS990ScheduleO documentId="990O" softwareId="12000057" softwareVersion="12.18.605.2">
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part I, Line 16, Other Expenses Bank Charges 1,832</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part I, Line 16, Other Expenses Communications 1,314</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part I, Line 16, Other Expenses Insurance 2,273</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part I, Line 16, Other Expenses Taxes, Fees Licenses 194</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part I, Line 16, Other Expenses Program Event Costs 93,709</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part I, Line 16, Other Expenses Miscellaneous 491</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part I, Line 16, Other Expenses Board Discretionary Expenditures 1,234</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part II, Line 24, Other Assets Inventories Beginning of year 475, End of year 475</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part II, Line 24, Other Assets Prepaids Beginning of year 9,525, End of year 9,964</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part II, Line 24, Other Assets Deposits Beginning of year 400, End of year 400</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part II, Line 26, Liabilities DEFERRED REVENUE Beginning of year 2,826, End of year 2,176</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ Part I Section Expenses Line 10 Grants Paid Activity Program Grantee Nature, P.O. Box 251, Elk, CA 95432 Cash Grant242 RelationshipNone</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ Part I Section Expenses Line 10 Grants Paid Activity Program Grantee Marc Kay, 2006 Crenilla Dr., Petaluma, CA 95954 Cash Grant500 RelationshipNone</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ Part I Section Expenses Line 10 Grants Paid Activity Program Grantee Les Wright, 41254 LIghthall Ct, Indio, CA 92203 Cash Grant405 RelationshipNone</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <CompensationExplanation documentId="990EZ:44" softwareId="12000057" softwareVersion="12.18.605.2"></CompensationExplanation>
  </ReturnData>
</Return>