﻿<?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="2025v4.1">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2026-05-11T17:45:29-05:00</ReturnTs>
    <TaxPeriodEndDt>2025-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>953309779</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>GURSEY SCHNEIDER LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>2121 AVENUE OF THE STARS SUITE 1300</AddressLine1Txt>
        <CityNm>LOS ANGELES</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>90067</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2025-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>954819633</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>BICKERSTAFF FAMILY FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>BICK</BusinessNameControlTxt>
      <PhoneNum>3105520960</PhoneNum>
      <USAddress>
        <AddressLine1Txt>2121 AVENUE OF THE STARS 1300</AddressLine1Txt>
        <CityNm>LOS ANGELES</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>90067</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>DEBORAH J BICKERSTAFF</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>3105520960</PhoneNum>
      <SignatureDt>2026-05-06</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>NAZ AFSHAR</PreparerPersonNm>
      <PTIN>P00441843</PTIN>
      <PhoneNum>3105520960</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2025</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="5">
    <IRS990PF documentId="RetDoc1235000001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>6169360</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>4309</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>4309</InterestOnSavNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>1644827</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>2741188</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>1644827</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>1649136</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>1649136</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>0</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>0</CompOfcrDirTrstDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002200001">6984</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>3492</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesChrtblPrpsAmt>3492</AccountingFeesChrtblPrpsAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc2002500001">21229</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>0</TaxesNetInvstIncmAmt>
        <TaxesDsbrsChrtblAmt>0</TaxesDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc2003200001">221</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>111</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>110</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>28434</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>3603</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>3602</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>1059000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>1059000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>1087434</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>3603</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>1062602</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>561702</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>1645533</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>233055</CashBOYAmt>
        <CashEOYAmt>1155527</CashEOYAmt>
        <CashEOYFMVAmt>1155527</CashEOYFMVAmt>
        <CorporateStockBOYAmt>1182063</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc2018900001">821293</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>5013833</CorporateStockEOYFMVAmt>
        <TotalAssetsBOYAmt>1415118</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>1976820</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>6169360</TotalAssetsEOYFMVAmt>
        <LoansFromOfficersBOYAmt>90</LoansFromOfficersBOYAmt>
        <LoansFromOfficersEOYAmt>90</LoansFromOfficersEOYAmt>
        <TotalLiabilitiesBOYAmt>90</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>90</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <CapitalStockBOYAmt>0</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>0</CapitalStockEOYAmt>
        <AdditionalPaidInCapitalBOYAmt>0</AdditionalPaidInCapitalBOYAmt>
        <AdditionalPaidInCapitalEOYAmt>0</AdditionalPaidInCapitalEOYAmt>
        <RetainedEarningBOYAmt>1415028</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>1976730</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>1415028</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>1976730</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>1415118</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>1976820</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>1415028</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>561702</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt>0</OtherIncreasesAmt>
        <SubtotalAmt>1976730</SubtotalAmt>
        <OtherDecreasesAmt>0</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>1976730</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>500 AMAZON.COM</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <SoldDt>2025-01-22</SoldDt>
          <GrossSalesPriceAmt>115131</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1058</CostOrOtherBasisAmt>
          <GainOrLossAmt>114073</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>114073</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>500 NVIDIA CORP</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <SoldDt>2025-01-22</SoldDt>
          <GrossSalesPriceAmt>69445</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>24866</CostOrOtherBasisAmt>
          <GainOrLossAmt>44579</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>44579</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>500 NVIDIA CORP</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <SoldDt>2025-01-22</SoldDt>
          <GrossSalesPriceAmt>69445</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>24866</CostOrOtherBasisAmt>
          <GainOrLossAmt>44579</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>44579</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>300 AMAZON.COM</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <SoldDt>2025-02-14</SoldDt>
          <GrossSalesPriceAmt>68402</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>635</CostOrOtherBasisAmt>
          <GainOrLossAmt>67767</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>67767</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>200 AMAZON.COM</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <SoldDt>2025-02-14</SoldDt>
          <GrossSalesPriceAmt>45622</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>423</CostOrOtherBasisAmt>
          <GainOrLossAmt>45199</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>45199</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>700 NVIDIA CORP</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <SoldDt>2025-02-14</SoldDt>
          <GrossSalesPriceAmt>94300</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>34812</CostOrOtherBasisAmt>
          <GainOrLossAmt>59488</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>59488</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>500 SHOPIFY INC</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <SoldDt>2025-02-14</SoldDt>
          <GrossSalesPriceAmt>63343</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>13049</CostOrOtherBasisAmt>
          <GainOrLossAmt>50294</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>50294</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>2,300 NVIDIA CORP</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <SoldDt>2025-02-26</SoldDt>
          <GrossSalesPriceAmt>291555</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>114381</CostOrOtherBasisAmt>
          <GainOrLossAmt>177174</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>177174</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1,000 DATADOG INC</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <SoldDt>2025-04-07</SoldDt>
          <GrossSalesPriceAmt>88924</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>165350</CostOrOtherBasisAmt>
          <GainOrLossAmt>-76426</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-76426</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>9,500 SHOPIFY INC</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <SoldDt>2025-04-07</SoldDt>
          <GrossSalesPriceAmt>726750</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>247934</CostOrOtherBasisAmt>
          <GainOrLossAmt>478816</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>478816</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>8,000 THE TRADE DESK INC</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <SoldDt>2025-04-07</SoldDt>
          <GrossSalesPriceAmt>369389</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>155085</CostOrOtherBasisAmt>
          <GainOrLossAmt>214304</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>214304</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1,202 NVIDIA CORP</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <SoldDt>2025-11-20</SoldDt>
          <GrossSalesPriceAmt>222034</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>117553</CostOrOtherBasisAmt>
          <GainOrLossAmt>104481</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>104481</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>2,798 NVIDIA CORP</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <SoldDt>2025-11-20</SoldDt>
          <GrossSalesPriceAmt>516848</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>196349</CostOrOtherBasisAmt>
          <GainOrLossAmt>320499</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>320499</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>1644827</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>22873</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>22873</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>22873</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>25000</EstimatedPlusOvpmtIncmTxAmt>
        <ExemptFrgnOrgTaxWthldAtSrceAmt>0</ExemptFrgnOrgTaxWthldAtSrceAmt>
        <ExtsnRequestIncomeTaxPaidAmt>0</ExtsnRequestIncomeTaxPaidAmt>
        <BackupWithholdingWithheldAmt>0</BackupWithholdingWithheldAmt>
        <TotalPaymentsAndCreditsAmt>25000</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="RetDoc1192000001">X</Form2220AttachedInd>
        <EsPenaltyAmt>0</EsPenaltyAmt>
        <OverpaymentAmt>2127</OverpaymentAmt>
        <AppliedToESTaxAmt>2127</AppliedToESTaxAmt>
        <RefundAmt>0</RefundAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>0</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>0</MoreThan100SpentInd>
        <Form1120POLFiledInd>0</Form1120POLFiledInd>
        <Section4955OrganizationTaxAmt>0</Section4955OrganizationTaxAmt>
        <Section4955ManagersTaxAmt>0</Section4955ManagersTaxAmt>
        <TaxReimbursedAmt>0</TaxReimbursedAmt>
        <ActivitiesNotPreviouslyRptInd>0</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>0</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>0</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>0</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>1</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>1</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>CA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>1</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>0</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>0</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>0</OwnControlledEntityInd>
        <DonorAdvisedFundInd>0</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>GLEN BICKERSTAFF</IndividualWithBooksNm>
        <PhoneNum>3105520960</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>2121 AVENUE OF THE STARS 1300</AddressLine1Txt>
          <CityNm>LOS ANGELES</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>90067</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>0</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>0</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>0</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>0</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>0</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>0</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>0</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>0</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>0</UndistributedIncomePYInd>
        <BusinessHoldingsInd>0</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>0</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>0</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>0</InfluenceLegislationInd>
        <InfluenceElectionInd>0</InfluenceElectionInd>
        <GrantsToIndividualsInd>1</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>0</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>0</NoncharitablePurposeInd>
        <TransactionsFailToQlfyAsExcInd>0</TransactionsFailToQlfyAsExcInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>0</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>0</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>0</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>0</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DEBORAH J BICKERSTAFF</PersonNm>
          <USAddress>
            <AddressLine1Txt>3082 BURNEY PLACE</AddressLine1Txt>
            <CityNm>LOS ALAMITOS</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90720</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>GLEN E BICKERSTAFF</PersonNm>
          <USAddress>
            <AddressLine1Txt>3082 BURNEY PLACE</AddressLine1Txt>
            <CityNm>LOS ALAMITOS</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90720</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>5455990</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>687923</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>6143913</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>6143913</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>92159</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>6051754</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>302588</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>302588</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>22873</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>22873</TotalTaxAmt>
        <DistributableBeforeAdjAmt>279715</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>279715</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>279715</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>1062602</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>1062602</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>279715</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr5Amt>1031043</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>711193</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>402582</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>398633</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>1295470</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>3838921</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>1062602</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>279715</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>782887</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>4621808</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>1031043</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>3590765</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>711193</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>402582</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>398633</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>1295470</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>782887</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>DEBORAH J BICKERSTAFF</ContributingManagerNm>
        <ContributingManagerNm>GLEN E BICKERSTAFF</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CATHOLIC CHARITIES OF ORANGE COUNTY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>12141 S LEWIS ST 11 FLOOR</AddressLine1Txt>
            <CityNm>GARDEN GROVE</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92840</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>TO PROVIDE SERVICE TO PEOPLE IN NEED, PROMOTE THEIR VOICE IN SOCIETY, AND TO CALL THE CHURCH AND ALL PEOPLE TO DO THE SAME.</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CHRISTIAN MISSIONARY FELLOWSHIP INTERNATIONAL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 501020</AddressLine1Txt>
            <CityNm>INDIANAPOLIS</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>46250</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>CREATE DYNAMIC CHRIST-CENTERED COMMUNITIES THAT TRANSFORM THE WORLD</GrantOrContributionPurposeTxt>
          <Amt>34000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CIVIC SOUL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>15654 OAK KNOLL DR</AddressLine1Txt>
            <CityNm>MONTE SERENO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95030</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>CONNECTING PEOPLE TO SERVICE AND EDUCATION THROUGH IMMERSIVE EVENTS THAT UPLIFT COMMUNITIES IN NEED AND AMPLIFY THE IMPACT OF TRUSTED NONPROFITS.</GrantOrContributionPurposeTxt>
          <Amt>234000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ETHAN'S SMILE FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1485</AddressLine1Txt>
            <CityNm>LACONNER</CityNm>
            <StateAbbreviationCd>WA</StateAbbreviationCd>
            <ZIPCd>98257</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>TO CARRY FORWARD THE LEGACY OF ETHAN BY PROVIDING SCHOLARSHIPS THAT ENABLE OTHERS TO FOLLOW THEIR DREAMS.</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FIRST STEP HOUSE ORANGE COUNTY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1904</AddressLine1Txt>
            <CityNm>COSTA MESA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92628</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>HELP PEOPLE BUILD LIVES OF MEANING, PURPOSE, AND RECOVERY</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GLOBAL EMPOWERMENT MISSION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1850 NW 84TH AVE STE 100</AddressLine1Txt>
            <CityNm>DORAL</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33126</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>PROVIDE RELIEF AID TO THE PEOPLE OF ALL GLOBAL REGIONS DISPLACED BY HURRICANES AND OTHER NATURAL DISASTERS</GrantOrContributionPurposeTxt>
          <Amt>300000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HEADS UP YOUTH FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>80 W SIERRA MADRE BLVD 197</AddressLine1Txt>
            <CityNm>SIERRA MADRE</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91024</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>TO REACH OUT AND GIVE A HELPING HAND, TO AS MANY YOUNGSTERS AS POSSIBLE, TO NURTURE AND TO ENCOURAGE THEM TO KEEP THEIR HEADS UP, DESPITE THE ADVERSITIES AND CHALLENGES THEY FACE, TO PROVIDE THEM WITH A CHANCE AT A BETTER FUTURE SO THEY CAN PROSPER IN LIFE AND IN OUR COMMUNITIES.</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HEROIC HEARTS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2206 N MAINST 175</AddressLine1Txt>
            <CityNm>WHEATON</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>60187</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>TO PROVIDE CRUCIAL AID TO FAMILIES IN CRISIS, ESPECIALLY THOSE AFFECTED BY CONFLICT, DISASTERS, AND EXTREME POVERTY.</GrantOrContributionPurposeTxt>
          <Amt>21000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ILLUMINATION FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2871 PULLMAN DRIVE</AddressLine1Txt>
            <CityNm>SANTA ANA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92705</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>TO PROVIDE MEALS, AFTER SCHOOL PROGRAMS, AND COUNSELING FOR CHILDREN IN HOMELESS FAMILIES.</GrantOrContributionPurposeTxt>
          <Amt>225000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>REAL TIME RESCUE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>7886 BANNOCK TRL</AddressLine1Txt>
            <CityNm>YUCCA VALLEY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92284</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>TO ASSISTING PEOPLE TRANSITIONING OUT OF HOMELESSNESS, AS WELL AS THOSE FACING ECONOMIC DIFFICULTIES THAT IMPACT THEIR ABILITY TO CARE FOR THEIR COMPANION ANIMALS.</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE MIRACULOUS LOVE KIDS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5735 E SCRIVENER ST</AddressLine1Txt>
            <CityNm>LONG BEACH</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90803</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>HELP CHILDREN IN POVERTY-STRICKEN AREAS &amp; WAR ZONES W/ CLEAN WATER, FOOD, CLOTHES, SHELTER,MEDICINE</GrantOrContributionPurposeTxt>
          <Amt>65000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>1059000</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>4309</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>1644827</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>1649136</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>1649136</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>4592</Amt>
        <NetInvestmentIncomeAmt>2296</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2296</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
      <AccountingFeesDetail>
        <CategoryTxt>BOOKKEEPING FEES</CategoryTxt>
        <Amt>1710</Amt>
        <NetInvestmentIncomeAmt>855</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>855</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
      <AccountingFeesDetail>
        <CategoryTxt>LEGAL FEES</CategoryTxt>
        <Amt>682</Amt>
        <NetInvestmentIncomeAmt>341</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>341</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>SCHWAB INSTITUTIONAL</StockNm>
        <EOYBookValueAmt>821293</EOYBookValueAmt>
        <EOYFMVAmt>5013833</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>121</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>61</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>60</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>LICENSES AND PERMITS</Desc>
        <RevenueAndExpensesPerBooksAmt>100</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>50</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>50</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>FEDERAL TAXES</CategoryTxt>
        <Amt>21229</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>