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36167 46723 46723 $75000 PAR VALUE ARES CAP CORP 4.2% P 2023-02-28 2024-05-13 74700 77269 -2569 -2569 $100000 PAR VALUE DARDEN RESTAURAN 3.85% P 2023-02-28 2024-05-13 95532 103700 -8168 -8168 $60000 PAR VALUE ENERGY TRANSFER 4.95% P 2023-02-28 2024-05-13 58875 59802 -927 -927 $100,000 PAR VALUE FHLB 5% P 2023-02-28 2024-09-23 100000 100020 -20 -20 $105000 PAR VALUE EXPEDIA GROUP, INC. 5% P 2023-02-28 2024-05-13 103794 106859 -3065 -3065 $100000 PAR VALUE GENERAL MOTORS FI 4.3% P 2023-02-28 2024-05-13 94284 93865 419 419 $100000 PAR VALUE HCA HEALTHCARE, I 4.5% P 2023-02-28 2024-05-13 97256 113835 -16579 -16579 $100000 PAR VALUE CHASE & VAR P 2023-02-28 2024-05-01 100000 106375 -6375 -6375 $50000 PAR VALUE INGREDION INC P 2023-02-28 2024-05-13 47417 51233 -3816 -3816 $100000 PAR VALUE PNC FINL SVCS GRO VAR P 2023-02-28 2024-05-13 101175 104500 -3325 -3325 $60000 PAR VALUE T-MOBILE USA INC 4.75%28 P 2023-02-28 2024-05-13 58842 64093 -5251 -5251 $85000 PAR VALUE DUE TOLL BROTHERS FI 4.35%28 P 2023-02-28 2024-05-13 81690 80290 1400 1400 2912 SHARES OF MONSTER BEVERAGE CORP NE P 2023-02-28 2025-01-24 140756 81803 58953 58953 1729 SHARES OF PROCTER & GAMBLE CO P 2023-02-28 2025-01-24 286807 111743 175064 175064 460 SHARES OF UNION PAC CORP P 2023-02-28 2025-01-24 113556 34139 79417 79417 2974590 41846 0 41846 0 41846 41846 0 0 0 41846 X 0 0 0 0 0 0 0 0 0 0 0 0 1 1 CA 1 0 0 0 0 1 N/A JAMES L CASKEY CPA 3109438080 11150 W OLYMPIC BLVD SUITE 1000 LOS ANGELES CA 90064 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LAURA ORNEST 15 LATIMER RD SANTA MONICA CA 90402 PRESIDENT, CFO, DIRECTOR 8.00 18000 0 0 CINDY ORNEST 2222 AVE OF THE STARS 2804 LOS ANGELES CA 90067 DIRECTOR 2.00 12000 0 0 MICHAEL ORNEST RESIGNED 53124 3172 ABINGTON DR BEVERLY HILLS CA 90210 DIRECTOR 2.00 3000 0 0 NONE 0 MITCHELL SILBERBERG & KNUPP LLP 2049 CENTURY PARK E LOS ANGELES CA 90067 LEGAL SERVICES 68029 0 N/A 0 0 8217312 130726 0 8348038 0 0 8348038 125221 8222817 411141 411141 41846 41846 369295 0 369295 0 369295 421736 0 421736 369295 0 0 1617 92092 93709 421736 0 0 0 369295 52441 0 0 146150 0 0 0 0 0 0 0 146150 1617 92092 52441 X ACLU FOUNDATION 1313 W 8TH ST 200 LOS ANGELES CA 90017 PUBLIC CHARITY SUPPORT OF PHUMAN RIGHTS THROUGH LEGAL ADVOCACY 10000 AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE INC PO BOX 4124 NEW YORK NY 10163 PUBLIC CHARITY TO PROVIDE SUPPORT AND ASSISTANCE TO THE JEWISH POPULATION IN NEED. 10000 BAR ILAN UNIVERSITY 8730 WILSHIRE BLVD 550 BEVERLY HILLS CA 90211 PUBLIC CHARITY SUPPORT UNIVERSITY PROGRAMS AND PUBLIC EDUCATION 10000 BEIT T'SHUVAH 8831 VENICE BLVD LOS ANGELES CA 90034 PUBLIC CHARITY TO SUPPORT ADDICTION TREATMENT 7000 BEN-GURION UNIVERSITY 1001 AVENUE OF THE AMERICAS 19TH FLOOR NEW YORK NY 10018 PUBLIC CHARITY SUPPORT UNIVERSITY PROGRAMS AND PUBLIC EDUCATION 5000 BEVERLY HILLS ATHLETIC ALUMNI ASSOCIATION 269 S BEVERLY DR 694 BEVERLY HILLS CA 90212 PUBLIC CHARITY TO SUPPORT HIGH SCHOOL ATHLETICS 25000 CEDARS SINAI CARDIOLOGY 8700 BEVERLY BLVD LOS ANGELES CA 90048 PUBLIC CHARITY SUPPORT CARDIOLOGY RESEARCH 35000 CENTER FOR SPIRITUAL LIVING LOS ANGELES 1200 N LA BREA AVENUE WEST HOLLYWOOD CA 90038 PUBLIC CHARITY TO SUPPORT PERSONAL GROWTH AND SPIRITUAL UNDERSTANDING. 500 CHEWONKI FOUNDATION 485 CHEWONKI NECK RD WISCASSET ME 04578 PUBLIC CHARITY SUPPORT ENVIRONMENTAL EDUCATION 14000 CONGREGATION BETH ISRAEL 8056 BEVERLY BOULEVARD LOS ANGELES CA 90048 PUBLIC CHARITY TO SUPPORT THE JEWISH SYNAGOGUE. 2100 FRIENDS OF THE SEMEL 760 WESTWOOD PLAZA C7 LOS ANGELES CA 90095 PUBLIC CHARITY TO SUPPORT THE RESEARCH AND STUDY OF THE MIND, BRAIN, AND BEHAVIOR 7000 FRIENDS OF VANCOUVER FOUNDATION 3300 920 5TH AVE SEATTLE WA 98104 PUBLIC CHARITY TO SUPPORT CREATING HEALTHY, VIBRANT, EQUITABLE, AND INCLUSIVE COMMUNITIES. 20000 HILLCREST CHARITABLE DONATION FUND 10000 W PICO BLVD LOS ANGELES CA 90064 PUBLIC CHARITY SUPPORT OF EDUCATION AND SCHOLARSHIPS 6000 HILLEL 800 EIGHTH ST NW WASHINGTON DC 20001 PUBLIC CHARITY TO SUPPORT JEWISH STUDENTS 18000 J LOS ANGELES 5870 W OLYMPIC BLVD LOS ANGELES CA 90036 PUBLIC CHARITY SUPPORT OF AMERICAN JEWISH FAMILIES 2500 JEWISH FAMILY SERVICES 4311 WILSHIRE BLVD STE 209 LOS ANGELES CA 90010 PUBLIC CHARITY SUPPORT OF AMERICAN JEWISH FAMILIES UNRESTRICTED 10000 JEWISH FEDERATION 6505 WILSHIRE BLVD LOS ANGELES CA 90048 PUBLIC CHARITY SUPPORT OF AMERICAN JEWISH ACTIVITIES 45000 JVSLA 625 N SAN VICENTE BLVD WEST HOLLYWOOD CA 90069 PUBLIC CHARITY SUPPORT OF WORKFORCE DEVELOPMENT AND CAREER SERVICES 5000 KEHILLAT ISRAEL 16019 W SUNSET BLVD PACIFIC PALISADES CA 90272 PUBLIC CHARITY SUPPORT FOR A JEWISH TEMPLE 4750 LOS ANGELES MASTER CHORALE 135 N GRAND AVE LOS ANGELES CA 90012 PUBLIC CHARITY SUPPORT OF MUSIC AND ART 2500 MAINE ART GALLERY WISCASSET 15 WARREN STREET WISCASSET ME 04578 PUBLIC CHARITY SUPPORT FOR THE MAINE ART GALLERY 1000 MAINE PUBLIC RADIO 63 TEXAS AVE BANGOR ME 04401 PUBLIC CHARITY SUPPORT PUBLIC RADIO, CULTUTAL,MUSIC AND EDUCATIONAL PROGRAMMING 2000 MIDCOAST CONSERVANCY 290 US-1 EDGECOMB ME 04556 PUBLIC CHARITY TO SUPPORT THE PROTECTION AND RESTORATION OF VITAL LANDS 1000 NATURAL RESOURCES COUNCIL OF MAINE 3 WADE ST AUGUSTA ME 04330 PUBLIC CHARITY TO SUPPORT THE PROTECTION OF MAINE'S ENVIRONMENT 1000 NATURE CONSERVANCY 4245 NORTH FAIRFAX DRIVE SUITE 100 ARLINGTON VA 22203 PUBLIC CHARITY TO SUPPORT BIODIVERSITY AND PREVENTING FURTHER CLIMATE CHANGE 1000 NOTLEY IMPACT 1023 SPRINGDALE RD 1J AUSTIN TX 78721 PUBLIC CHARITY TO SUPPORT BUSINESSES, NONPROFITS, AND INDIVIDUALS MAKING POSITIVE CHANGE. 10000 PLANNED PARENTHOOD 123 WILLIAM STREET 10TH FLOOR NEW YORK NY 10038 PUBLIC CHARITY SUPPORT OF WOMEN'S REPRODUCTIVE FREEDOM AND HEALTH 10000 PUBLIC MEDIA GROUP OF SOUTHERN CALIFORNIA PO BOX 33816 LOS ANGELES CA 90033 PUBLIC CHARITY TO SUPPORT PBS STATIONS FOR SOUTHERN CALIFORNIA. 1000 SAINT JOHN'S HEALTH CENTER FOUNDATION 2121 SANTA MONICA BLVD SANTA MONICA CA 90404 PUBLIC CHARITY SUPPORT FOR SAINT JOHN'S HEALTH CENTER 11500 SANDY HOOK PROMISE PO BOX 3489 NEWTOWN CT 06470 PUBLIC CHARITY PROGRAMS FOR PROTECTING CHILDREN FROM GUN VIOLENCE 10000 SIMON WIESENTHAL CENTER 1399 SOUTH ROXBURY DRIVE LOS ANGELES CA 90035 PUBLIC CHARITY TO SUPPORT GLOBAL JEWISH HUMAN RIGHTS 1000 SKIRBALL CENTER 2701 N SEPULVEDA BLVD LOS ANGELES CA 90049 PUBLIC CHARITY SUPPORT OF AMERICAN JEWISH ACTIVITIES 5000 SOUTHERN POVERTY LAW CENTER 400 WASHINGTON AVE MONTGOMERY AL 36104 PUBLIC CHARITY TO SUPPORT CIVIL RIGHTS AND PUBLIC INTEREST LITIGATION 1000 SOUTHERN VISION ALLIANCE PO BOX 51698 DURHAM NC 27717 PUBLIC CHARITY TO SUPPORT SOCIAL, RACIAL, ECONOMIC, GENDER, AND ENVIRONMENTAL JUSTICE. 10000 SPURWINK 901 WASHINGTON AVE SUITE 100 PORTLAND ME 04103 PUBLIC CHARITY TO SUPPORT BEHAVIOURAL HEALTH CARE AND SUBSTANCE USE DISORDER SERVICES. 1000 STEPPING FORWARD LA 1000 NORTH ALAMEDA STREET NO 240 LOS ANGELES CA 90012 PUBLIC CHARITY SUPPORT FOSTER YOUTH 3000 THE FOUNDATION FOR ART & HEALING 1660 SOLDIERS FLD RD STE 7 1112 BRIGHTON MA 02135 PUBLIC CHARITY TO SUPPORT THE IMPROVEMENT OF PERSONAL AND PUBLIC HEALTH. 10500 THE GEFFEN PLAYHOUSE 10886 LE CONTE AVE LOS ANGELES CA 90024 PUBLIC CHARITY SUPPORT OF MUSIC PROGRAMS 1000 THE WALDO THEATRE 916 MAIN STREET WALDOBORO ME 04572 PUBLIC CHARITY SUPPORT FOR RESTORATION OF CULTURE AND ART. 6500 UCSB UC SANTA BARBARA SANTA BARBARA CA 93106 PUBLIC CHARITY SUPPORT FOR THE UNIVERSITY OF CALIFORNIA, SANTA BARBARA 26000 UNITED STATES HOLOCAUST MEMORIAL MUSEUM 100 RAOUL WALLENBERG PL SW WASHINGTON DC 20024 PUBLIC CHARITY SUPPORT FOR THE UNITED STATES HOLOCAUST MEMORIAL MUSEUM 10000 UNIVERSITY OF SAN FRANCISCO 2130 FULTON ST SAN FRANCISCO CA 941171080 PUBLIC CHARITY SUPPORT FOR THE UNIVERSITY OF SAN FRANCISCO 5000 UTAH FILM CENTER 375 W 400 N SALT LAKE CITY UT 84103 PUBLIC CHARITY TO SUPPORT FILM EXHIBITION, MEDIA ARTS EDUCATION, AND ARTISTS. 3000 VENICE FAMILY CLINIC 604 ROSE AVE VENICE CA 90291 PUBLIC CHARITY SUPPORT HEALTHCARE FOR FAMILIES IN NEED 1000 VISTA DEL MAR 3200 MOTOR AVE LOS ANGELES CA 90034 PUBLIC CHARITY SUPPORT OF CHILD AND FAMILY SERVICES 10000 WHOLESCHOOL MINDFULNESS 460 CHESTNUT STREET WRENTHAM MA 02093 PUBLIC CHARITY TO SUPPORT WELL-BEING, COMMUNITY, AND JUSTICE THROUGH EDUCATION. 10000 WILSHIRE BOULEVARD TEMPLE 3663 WILSHIRE BLVD LOS ANGELES CA 90010 PUBLIC CHARITY SUPPORT FOR THE WILSHIRE BLVD TEMPLE AND THE JEWISH COMMUNITY. 1500 WISCASSET PUBLIC LIBRARY 21 HIGH ST WISCASSET ME 04578 PUBLIC CHARITY SUPPORT FOR THE WISCASSET PUBLIC LIBRARY 500 393850 0 14 27642 14 108604 18 2974590 MISCELLANEOUS (VOIDED CHECKS NOT RE-ISSUED) 31672 31672 3110836 0 3142508 4 INTEREST, DIVIDENDS, AND GAINS ON INVESTMENTS DURING THE YEAR WHICH PROVIDE ADDITIONAL FUNDS TO BE DISTRIBUTED TO CHARITIES. 0 0 0 0 0 0 0 0 0 0 IRC SECTION 4943(H)(3) EXPENDITURE RESPONSIBILITY REPORT FORM 990-PF ORNEST FAMILY FOUNDATION (EIN: 95-4436139)ATTACHMENT TO FORM 990-PF IRC SECTION 4943(H)(3) EXPENDITURE RESPONSIBILITY REPORTTAX YEAR 2024ON MAY 7, 2024, THE ORNEST FAMILY FOUNDATION, A CALIFORNIA NONPROFIT CORPORATION, WHICH IS CLASSIFIED AS A PRIVATE FOUNDATION PURSUANT TO IRC SECTION 509(A) (THE "OFF"), AND THE MICHAEL IRVING ORNEST FAMILY FOUNDATION, A CHARITABLE TRUST CREATED PURSUANT TO THE LAWS OF THE STATE OF CALIFORNIA, WHICH IS CLASSIFIED AS A PRIVATE FOUNDATION PURSUANT TO IRC SECTION 509(A) (THE "MIOFF"), ENTERED INTO A RESTRICTED GRANT AGREEMENT (THE "AGREEMENT"). THE AGREEMENT PROVIDES, IN PART, THAT THE OFF WILL LIQUIDATE CERTAIN MARKETABLE SECURITIES AND DISTRIBUTE THE PROCEEDS TO THE MIOFF (THE "CAPITAL ENDOWMENT GRANT"). THE AGREEMENT FURTHER PROVIDES THAT THE CAPITAL ENDOWMENT GRANT IS TO BE MAINTAINED BY THE MIOFF AS TRUST CORPUS AND THAT THE MIOFF WILL MAKE "QUALIFYING DISTRIBUTIONS" (AS SUCH TERM IS DEFINED IN IRC SECTION 4942(G)) SO AS NOT TO SUBJECT THE MIOFF TO THE EXCISE TAX IMPOSED BY IRC SECTION 4942 WITH RESPECT TO THE FAILURE TO DISTRIBUTE INCOME. THE CAPITAL ENDOWMENT GRANT IS TO BE USED EXCLUSIVELY TO MAKE GRANTS AND LOANS TO TAX-EXEMPT ENTITIES ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, AND/OR EDUCATIONAL PURPOSES WITHIN THE MEANING OF IRC SECTION 501(C)(3). TO ENABLE THE OFF TO SATISFY THE "EXPENDITURE RESPONSIBILITY" REQUIREMENTS IMPOSED BY IRC SECTIONS 4945(D)(4)(B) AND 4945(H), THE AGREEMENT ADDITIONALLY PROVIDES THAT THE MIOFF SHALL PROVIDE TO THE OFF A FULL AND COMPLETE REPORT DETAILING THE MANNER IN WHICH THE CAPITAL ENDOWMENT GRANT FUNDS HAVE BEEN DISTRIBUTED AND THE PROGRESS MADE IN ACCOMPLISHING THE PURPOSES OF THE CAPITAL ENDOWMENT GRANT (THE "REPORT"). PROVIDED THAT THE CRITERIA SET FORTH IN REGULATIONS SECTION 53.4945-5(C)(2) ARE SATISFIED, THE AGREEMENT PROVIDES THAT THE MIOFF SHALL ONLY BE REQUIRED TO PROVIDE THE REPORT TO THE OFF ANNUALLY FOR THE TAXABLE YEAR IN WHICH THE CAPITAL ENDOWMENT GRANT WAS MADE AND THE IMMEDIATELY SUCCEEDING TWO (2) TAXABLE YEARS. THE OFF OFFICERS AND DIRECTORS HAVE REVIEWED THE REPORT PROVIDED BY THE MIOFF FOR TAX YEAR 2024 AND HAVE DETERMINED THAT IT COMPLIES WITH THE EXPENDITURE RESPONSIBILITY REQUIREMENTS IMPOSED BY THE IRC AND THE APPLICABLE REGULATIONS AND WILL ALLOW THE OFF TO PROVIDE THE INFORMATION TO THE IRS REQUIRED BY REGULATIONS SECTION 53.4945-5(D)(2).PURSUANT TO THE INFORMATION AND DOCUMENTATION PROVIDED BY THE MIOFF, THE INFORMATION REQUIRED BY REGULATIONS SECTION 53.4945-5(D)(2) IS SET FORTH BELOW. (I) THE NAME AND ADDRESS OF THE GRANTEE. RESPONSE: MICHAEL IRVING ORNEST FAMILY FOUNDATION, 3172 ABINGTON DRIVE, BEVERLY HILLS, CA 90210.(II) THE DATE AND AMOUNT OF THE GRANT: RESPONSE: THE CAPITAL ENDOWMENT GRANT WAS MADE BY OFF TO THE MIOFF ON MAY 16, 2024 IN THE AMOUNT OF $3,629,172.23.(III) THE PURPOSE OF THE GRANT.RESPONSE: THE CAPITAL ENDOWMENT GRANT WILL ALLOW THE MIOFF TO SEPARATELY PURSUE ITS CHARITABLE INTERESTS AND ENABLE IT TO PROVIDE SUPPORT TO THOSE PUBLIC CHARITIES THAT CLOSELY ALIGN WITH ITS CHARITABLE, EDUCATIONAL, AND PUBLIC INTERESTS.(IV) THE AMOUNTS EXPENDED BY THE GRANTEE (BASED UPON THE MOST RECENT REPORT RECEIVED FROM THE GRANTEE).RESPONSE: DURING TAX YEAR 2024, THE MIOFF DISTRIBUTED A TOTAL OF $80,000 TO THE FOLLOWING CHARITABLE ORGANIZATIONS: (A) DIAMONDS IN THE ROUGH SPORTS, TAFT, CA; (B) HANDS4HOPE LA, N. HOLLYWOOD, CA; (C) LAFD FIRE STATION 99, LOS ANGELES, CA; (D) BEVERLY HILLS ATHLETIC ALUMNI, BEVERLY HILLS, CA; (E) UCLA FOUNDATION, LOS ANGELES, CA; (F) UCLA HERB ALPERT SCHOOL OF MUSIC, LOS ANGELES, CA; AND (G) UNIVERSITY OF NEW HAMPSHIRE, DURHAM, NH.IN ADDITION, THE MIOFF DISTRIBUTED $22,000 AS OFFICER COMPENSATION AND $68,252 FOR PROFESSIONAL FEES INCURRED IN FORMING THE MIOFF (INCLUDING THE PREPARATION OF ITS TRUST AGREEMENT), PREPARING AND SUBMITTING ITS FEDERAL AND CALIFORNIA APPLICATIONS FOR TAX-EXEMPT STATUS, AND PREPARING THE AGREEMENT.(V) WHETHER THE GRANTEE HAS DIVERTED ANY PORTION OF THE FUNDS (OR THE INCOME THEREFROM IN THE CASE OF AN ENDOWMENT GRANT) FROM THE PURPOSE OF THE GRANT (TO THE KNOWLEDGE OF THE GRANTOR).RESPONSE: BASED UPON A REVIEW OF THE DOCUMENTATION PROVIDED BY THE MIOFF, TO THE BEST OF THE KNOWLEDGE OF THE OFFICERS AND DIRECTORS OF THE OFF, THE MIOFF HAS NOT DIVERTED ANY PORTION OF THE FUNDS (OR THE INCOME THEREFROM) FROM THE PURPOSE OF THE CAPITAL ENDOWMENT GRANT.(VI) THE DATES OF ANY REPORTS RECEIVED FROM THE GRANTEE.RESPONSE: THE OFF RECEIVED INFORMATION AND DOCUMENTATION SUBSTANTIATING THE USE OF THE CAPITAL ENDOWMENT GRANT FUNDS ON MAY 7, 2025 AND ON JUNE 20, 2025. (VII) THE DATE AND RESULTS OF ANY VERIFICATION OF THE GRANTEE'S REPORTS UNDERTAKEN PURSUANT TO AND TO THE EXTENT REQUIRED UNDER PARAGRAPH (C)(1) OF THIS SECTION BY THE GRANTOR OR BY OTHERS AT THE DIRECTION OF THE GRANTOR.RESPONSE: BASED UPON A REVIEW OF THE INFORMATION AND DOCUMENTATION PROVIDED BY THE MIOFF TO THE OFF, INCLUDING THE MIOFF'S 2024 FORM 990-PF, THE INFORMATION AND DOCUMENTATION PROVIDED BY THE MIOFF APPEARS TO BE ACCURATE AND RELIABLE AND DOES NOT REQUIRE ANY INDEPENDENT INVESTIGATION BY THE OFF. CORPORATE BONDS 306075 337014 CORPORATE STOCK 3469742 6774106 EXCHANGE TRADED FUNDS AT COST 251914 600963 LEGAL FEES 68029 68029 0 DISTRIBUTION OF ASSETS TO THE MICHAEL IRVING ORNEST FAMILY FNDN 99-1235502 3629172 INVESTMENT FEES 25442 25442 0 STORAGE 1486 0 1486 MISCELLANEOUS (VOIDED CHECKS NOT RE-ISSUED) 31672 31672 UNITED STATES TREASURY 6000 0 0 FOREIGN TAX WITHELD ON DIVIDEND INCOME 274 274 0