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    <Timestamp>2013-11-13T17:03:15-06:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
    <PreparerFirm>
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        <BusinessNameLine1>CALEGARI &amp; MORRIS ACCOUNTANTS</BusinessNameLine1>
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        <AddressLine1>123 MISSION STREET 18TH FL</AddressLine1>
        <City>SAN FRANCISCO</City>
        <State>CA</State>
        <ZIPCode>94105</ZIPCode>
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    <ReturnType>990EZ</ReturnType>
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    <Filer>
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      <Name>
        <BusinessNameLine1>PRESERVE COMMUNITY FOUNDATION</BusinessNameLine1>
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        <AddressLine1>57 POST STREET NO 510</AddressLine1>
        <City>SAN FRANCISCO</City>
        <State>CA</State>
        <ZIPCode>94104</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>SAL GUTIERREZ</Name>
      <Title>CHAIRMAN OF THE BOARD</Title>
      <Phone>4159812966</Phone>
      <DateSigned>2013-10-30</DateSigned>
      <AuthorizeThirdParty>1</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>KATHLEEN BURRY</Name>
      <PTIN>P00394887</PTIN>
      <Phone>4159818766</Phone>
    </Preparer>
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    <BuildTS>2016-03-07 17:11:31Z</BuildTS>
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      <ContributionsGiftsGrantsEtc>178765</ContributionsGiftsGrantsEtc>
      <InvestmentIncome>2091</InvestmentIncome>
      <GrossAmountFromSaleOfAssets>2529</GrossAmountFromSaleOfAssets>
      <GainOrLossFromSaleOfAssets>2529</GainOrLossFromSaleOfAssets>
      <OtherRevenueTotal>50</OtherRevenueTotal>
      <TotalRevenue>183435</TotalRevenue>
      <GrantsAndSimilarAmountsPaid>36050</GrantsAndSimilarAmountsPaid>
      <OtherExpensesTotal>1768</OtherExpensesTotal>
      <TotalExpenses>37818</TotalExpenses>
      <ExcessOrDeficitForYear>145617</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>94419</NetAssetsOrFundBalancesBOY>
      <OtherChangesInNetAssets>0</OtherChangesInNetAssets>
      <NetAssetsOrFundBalancesEOY>240036</NetAssetsOrFundBalancesEOY>
      <InfoInScheduleOPartII>X</InfoInScheduleOPartII>
      <CashSavingsAndInvestments>
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        <EOY>70417</EOY>
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        <EOY>240036</EOY>
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      <InfoInScheduleOPartIII>X</InfoInScheduleOPartIII>
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      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>PROVIDED SCHOLARSHIPS (BASED ON FINANCIAL NEED) TO HELP FAMILIES EDUCATE THEIR CHILDREN AT EDUCATIONAL INSTITUTIONS</DescriptionProgramServiceAccom>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>PAT EASTMAN</PersonName>
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      <ActivitiesNotPreviouslyRpt>0</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>0</MadeChangesToOrgnzngEtcDoc>
      <OrganizationHadUBI>0</OrganizationHadUBI>
      <SubjectToProxyTax>0</SubjectToProxyTax>
      <OrganizationDissolvedEtc>0</OrganizationDissolvedEtc>
      <DirectIndirectPoliticalExpend>0</DirectIndirectPoliticalExpend>
      <MadeLoansToFromOfficers>0</MadeLoansToFromOfficers>
      <TaxImposedUnderIRC4911>0</TaxImposedUnderIRC4911>
      <TaxImposedUnderIRC4912>0</TaxImposedUnderIRC4912>
      <TaxImposedUnderIRC4955>0</TaxImposedUnderIRC4955>
      <EngagedInExcessBenefitTrans>0</EngagedInExcessBenefitTrans>
      <AmountOfTaxImposedOnOrgMgr>0</AmountOfTaxImposedOnOrgMgr>
      <AmountOfTaxReimbursedByOrg>0</AmountOfTaxReimbursedByOrg>
      <ProhibitedTaxShelterTrans>0</ProhibitedTaxShelterTrans>
      <StatesWhereCopyOfReturnIsFiled>CA</StatesWhereCopyOfReturnIsFiled>
      <TheBooksAreInCareOf>
        <NameBusiness>
          <BusinessNameLine1>KRAMER BLUM &amp; ASSOCKEN BLUM</BusinessNameLine1>
        </NameBusiness>
        <AddressUS>
          <AddressLine1>57 POST STREET SUITE 510</AddressLine1>
          <City>SAN FRANCISCO</City>
          <State>CA</State>
          <ZIPCode>94104</ZIPCode>
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        <TelephoneNumber>4159812699</TelephoneNumber>
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      <ForeignFinancialAccount>0</ForeignFinancialAccount>
      <ForeignOffice>0</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>0</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>0</DoesOrgHaveHospital>
      <TanningServicesProvided>0</TanningServicesProvided>
      <RelatedOrgControlledEntity>0</RelatedOrgControlledEntity>
      <EngagePoliticalCmpgnActivities>0</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>0</EngageInLobbyingActivities>
      <OperatingSchool>0</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>0</TrnsfrsExemptNonCharRelatedOrg>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
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        <CurrentTaxYear>178765</CurrentTaxYear>
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        <CurrentTaxYearMinus1Year>100000</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>178765</CurrentTaxYear>
        <Total>278765</Total>
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        <CurrentTaxYear>2141</CurrentTaxYear>
        <Total>2141</Total>
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        <CurrentTaxYear>2529</CurrentTaxYear>
        <Total>2529</Total>
      </OtherIncome170>
      <TotalSupport>283435</TotalSupport>
      <First5Years170>X</First5Years170>
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        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
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        <ContributorAddressUS>
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          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
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        <AggregateContributions>RESTRICTED</AggregateContributions>
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        <Identifier>OTHER INVESTMENT INCOME</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 4</ReturnReference>
        <Explanation>SCHWAB ONE-INTEREST 2.. SCHWAB ONE-DIVIDENDS 2,089.. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 2,091.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER REVENUE</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 8</ReturnReference>
        <Explanation>DESCRIPTION: FTB REFUND. AMOUNT: 50.</Explanation>
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      <GeneralExplanation>
        <Identifier>GRANTS AND SIMILAR AMOUNTS PAID</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 10</ReturnReference>
        <Explanation>ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: LUKE SMITH. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 36,050.</Explanation>
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      <GeneralExplanation>
        <Identifier>OTHER EXPENSES</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 16</ReturnReference>
        <Explanation>DESCRIPTION: MANAGEMENT FEES. AMOUNT: 315. DESCRIPTION: ACCOUNTING FEES. AMOUNT: 1,415. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 38. TOTAL TO FORM 990-EZ, LINE 16: 1,768.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER ASSETS</Identifier>
        <ReturnReference>FORM 990-EZ, PART II, LINE 24</ReturnReference>
        <Explanation>DESCRIPTION: CHARLES SCHWAB. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 169,619.</Explanation>
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      <Declaration>THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.</Declaration>
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