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Form 990-PF Return of Private Foundation OMB No 1545 0052

or Section 4947(a)(1) Nonexempt Charitable Trust


Treated as a Private Foundation
Department of the Treasury Note : The foundation may be able to use a copy of this return to satisfy state
2007
Internal Revenue Service

For calendar year 2007 , or tax year be g inning 6/01 , 2007, and endin g 5/31 , 2008
G Check all that apply. Initial return Final return Amended return Address chan g e Name chan g e
A Employer identification number
Use the CHAIS FAMILY FOUNDATION
IRS label . 95-4017323
Otherwise, c/o MANTOVANI 16255 VENTURA BLVD #840
B T e l ep h one nu mb er ( see th e in s tr uc t ions)
print ENCINO, CA 91436
or type.
See Specific C If exemption application is pending, check here 01
Instructions.
D 1 Foreign organizations, check here I H
H Check type of organization X Section 501 (c)(3) exempt private foundation 2 Foreign organizations meeting the 85% test, check
Section 4947( a)( 1 ) nonexem pt charitable trust Other taxable private foundation here and attach computation U
1 Fair market value of all assets at end of year J Accounting method : X Cash Accrual E If private foundation status was terminated
under section 507(b)(1)(A) , check here 10.
(from Part Ill, column (c), hne 16) Other ( specify) _ _ _ _ _ _ _ _ _ _ _ _ _ F If the foundation is in a 60-month termination
$ 198, 584 , 083. (Part 1, column (d) must be on cash basis. under section 507 ( b)(1)(B), check here p- F1
P Ana l ysis o f Revenue an d (a) Revenue and (b) Net investment (c) Adjusted net (d) Disbursements
Expenses (The total of amounts in expenses per b oo k s income income for charitable
columns (b) , (c) , and (d) may not neces- purposes
sarily equal the amounts in column (a) (cash basis only)
see the instructions) .)
1 Contributions , gifts, grants, etc, received (att sch) 356 , 250.
2 Ck D' Nit the foundn is not req to att Sch B
3 Interest on savings and temporary
cash investments 11,281. 11,281. 11 , 281.
4 Dividends and interest from securities 3 , 173 , 336. 3 , 173 , 336. 3 1 173 , 336.
5a Gross rents
b Net rental income
or (loss)
R 6a Net gamf(oss ) from sale of assets not on line 10 64,173,779.
b Gross sales price for all
E assets on line 6a 161879780.
V 7 Capital gain net income (from Part IV, line 2) 64,173,779.
E 8 Net short- term capital gain 6 , 583 , 074 -
N
U 9 Income modifications
E 10a Gross sales less
returns and
allowances
b Less. Cost of
goods sold
c Gross profit/(loss) (att sch)
Q) 11 Other income (attach schedule)
Fs
12 Total . Add lines 1 throw h 11 67 714 646. 67 358 396. 9 . 767 . 691. .
jJ 13 Compensation of officers, directors , trustees, etc
14 Other employee salaries and wages
15 Pension plans, employee benefits
A 16a Legal fees (attach schedule) See St 1 20,453.
M b Accounting fees (attach sch) See St 2 28 , 516.
N c Other prof fees (attach sch) Ic n,
sI 17 Interest (n
R RT 18 Taxes (attach schedule) See Stmt 3 700,010.
A 19 Depreciation (attach OGD^N
T
A
T sch) and depletion + L 1_ J
N v 20 Occupancy
G E
21 Travel, conferences , and meetings 64 , 403.
A E 22 Printing and publications
N
D p 23 Other expenses (attach schedule)
N See Statement 4 404,467.
E 24 Total operating and administrative
s expenses . Add lines 13 through 23 1, 217, 849.
25 Contributions, gifts, grants paid Stmt 5 10 949 159. 10 , 94 9 159.
26 Total expenses and disbursements.
Add lines 24 and 25 12, 167, 008. 0. 01 10, 949 159.
27 Subtract line 26 from line 12:
a Excess of revenue over expenses
and disbursements 55, 547, 638. 1 1
b Net investment income (if negative, enter 0) 67 ,358,396. 1
C Adjusted net income (i f negative, enter 0) 9 , 7 67 , 6 91
BAA For Privacy Act and Paperwork Reduction Act Notice, see the instructions . . TEEA0504-L 02/20108 1 % Form 990-PF (2007)
4.

Form 991 PF (2007) CHATS FAMILY FOUNDATION 95-401 7323 Par,P 7


Attached schedules and amounts in the description Beginning of year End of year
Pal i 11 B a l ance Sh ee t s column should be f or end of year amounts only
(See instructions) (a) Book Value (b) Book Value (c) Fair Market Value
1 Cash - non-interest-bearing 90,338. 359, 821. 359, 821.
2 Savings and temporary cash investments
3 Accounts receivable
----------
Less. allowance for doubtful accounts 0-_ _ _ _ _ _ _ _ _
4 Pledges receivable 11^ _ _ _ _ _ _ _ _ _ _
Less. allowance for doubtful accounts 01
----------
5 Grants receivable
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see the instructions)
7 Other notes and loans receivable (attach sch)
S Less: allowance for doubtful accounts
---------
S 8 Inventories for sale or use
E 9 Prepaid expenses and deferred charges
T
S 10a Investments - U.S. and state government
obligations (attach schedule) Statement 6 11, 871, 622. 54, 588, 102. 55, 028, 286.
b Investments - corporate stock (attach schedule) Statement 7 49, 269, 640. 61, 831, 316. 143, 195, 976.
c Investments - corporate bonds (attach schedule)
11 Investments - land, buildings, and
equipment. basis ----------- X
Less- accumulated depreciation
(attach schedule)
----------
12 Investments - mortgage loans
13 Investments - other (attach schedule)
14 Land, buildings, and equipment: basis ...........
accumulated depreciation
(attach schedule)
---------
15 Other assets (describe ^
------- ---------
16 Total assets (to be completed by all filers -
see instructions. Also, see pa g e 1, item I 61, 231, 600. 116, 779, 239. 198, 584, 083.
L 17 Accounts payable and accrued expenses
A 18 Grants payable
B 19 Deferred revenue
LI 20 Loans from officers, directors, trustees, & other disqualified persons
21 Mortgages and other notes payable (attach schedule)
T 22 Other liabilities (describe ^ See Statement 8 ) 1 .
E
S 23 Total liabilities (add lines 17 through 22) 0. 1 .
Foundations that follow SFAS 117, check here .. X
and complete lines 24 through 26 and lines 30 and 31.
N F 24 Unrestricted 61, 231, 600. 116, 779, 238 .
T N
T N 25 Temporarily restricted
D 26 Permanently restricted
A
S B Foundations that do not follow SFAS 117, check here
S A and com p lete lines 27 through 31.
E L
T A 27 Capital stock, trust principal, or current funds
S N 28 Paid-in or capital surplus, or land, building, and equipment fund
O O
E 29 Retained earnings, accumulated income, endowment, or other funds
R S 30 Total net assets or fund balances (see the instructions) 61, 231, 600. 116, 779, 238 .
31 Total liabilities and net assets/fund balances
(see the instructions) 61, 231, 600. 116, 779, 239.
[Part 111 { Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year - Part II, column (a), line 30 (must agree with
end-of-year figure reported on prior year's return) 1 61,231,600.
2 Enter amount from Part I, line 27a . . 2 55,547,638.
3 Other increases not included in line 2 (itemize) 3
--- - - ----------------------- --
4 Add lines 1, 2, and 3 4 116, 779, 238.
5 Decreases not included in line 2 (itemize) 5
6 Total net assets or fund balances at end of y ear (line 4 minus line 5 - Part II, column (b) , line 30 6 116, 779, 238 .
BAA TEEA0302L 07/25/07 Form 990-PF (2007)
Form 990-PF (2007) CHAIS FAMILY FOUNDATION 95-4017323 Page 3
Part IV, I Ca p ital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e g., real estate, (b) How acquired (c) Date acquired (d) Date sold
2-story brick warehouse; or common stock, 200 shares MLC Company) P - Purchase (month, day, year) (month, day, year)
D - Donation

la See Statement 9
b
c
d
e
(e) Gross sales price (f) Depreciation allowed (g) Cost or other basis (h) Gain or (loss)
(or allowable) plus expense of sale (e) plus (f) minus (g)
a
b
c
d
e
Complete onl y for assets showing gain in column (h) and owned by the foundation on 12/31/69 (I) Gains (Column (h)
(i) Fair Market Value 0) Adjusted basis (k) Excess of column (I) gain minus column (k), but not less
as of 12/31/69 as of 12/31/69 over column 0), if any than -0-) or Losses (from column (h))

a
b
c
d
e
If gain, also enter in Part I, line 7
2 Capital gain net income or (net capital loss). If (loss), enter -0- in Part I, line 7 } 2 64,173 , 779.
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see the instructions). If (loss), enter -0-
in Part I, line 8 3 6,583,074.
Kart 1l Qualification Under Section 4940 (e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period ? F]Yes X] No
If 'Yes,' the foundation does not qualify under section 4940 (e). Do not complete this part.
1 Enter the appropriate amount in each column for each year ; see the instructions before making any entries.
(a) (b)
Base period years Adjusted qualifying distributions Net value of Distribution ratio
Calendar year (or tax year noncharitable - use assets (column (b) divided by column (c))
beginning in)
2006 8 , 183 , 020. 150,069, 958. 0 .054528
2005 7,560 , 143a 134,210,530. 0.056330
2004 6,041,841. 106,914,335. 0.056511
2003 4 , 466 , 034. 76,805,323. 0.058147
2002 2,472,368. 48,806,353. 0.050657

2 Total of line 1, column (d) 2 0.276173


3 Average distribution ratio for the 5-year base period - divide the total on line 2 by 5, or by the
number of years the foundation has been in existence if less than 5 years 3 0. 055235

4 Enter the net value of noncharltable - use assets for 2007 from Part X, line 5 4 10 , 864,420.

5 Multiply line 4 by line 3 ... ... 5 600,096.

6 Enter 1 % of net investment income (1% of Part I, line 27b) .. 6 673,584.

7 Add lines 5 and 6 .. 7 1, 273, 680.

8 Enter qualifying distributions from Part XII, line 4 8 10, 949, 159.
If line 8 is equal to or greater than line 7, check the box in Part VI, line ib, and complete that part using a 11% tax rate. See the
Part VI Instructions
BAA Form 990-PF (2007)

TEEA0303L 07/25/07
990-PF (2007) CHAIS FAMILY FOUNDATION 95-4017323 Pape 4
Part Vt I Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948 - see the instructions)
1 a Exempt operating foundations described in section 4940(d)(2), check here ' and enter WIN on line 1.
Date of ruling letter. _ _ _ _ _ _ _ (attach copy of ruling letter if necessary - see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, 1 673,584.
check here 0' M and enter 1% of Part I, line 27b
c All other domestic foundations enter 2% of line 27b Exempt foreign organizations enter 4 % of Part I, line 12, column (b)
2 Tax under section 511 (domestic section 4947 (a)(1) trusts and taxable
foundations only. Others enter - 0-) 2 0.
3 Add lines 1 and 2 3 673,584.
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0.
5 Tax based on investment income . Subtract line 4 from line 3. If zero or less, enter - 0- 5 673,584.
6 Credits/Payments.
a 2007 estimated tax pmts and 2006 overpayment credited to 2007 6a 794,701.
b Exempt foreign organizations - tax withheld at source 6b
c Tax paid with application for extension of time to file (Form 8868) 6c
d Backup withholding erroneously withheld 6d
7 Total credits and payments . Add lines 6a through 6d 7 794,701.
8 Enter any penalty for underpayment of estimated tax. Check here FUI if Form 2220 is attached 8 9, 389 .
9 Tax due If the total of lines 5 and 8 is more than line 7, enter amount owed ' 9 0.
10 Overpayment . If line 7 is more than the total of lines 5 and 8, enter the amount overpaid ' 10 111,728.
11 Enter the amount of line 10 to be. Credited to 2008 estimated tax ^ 111, 728. Refunded ' 11 0.
Part VII-A Statements Reqardinci Activities
Yes No
1 a During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it
participate or intervene in any political campaign? la X
b Did it spend more than $100 during the year (either directly or indirectly) for political purposes
(see the instructions for definition). . lb X
If the answer is 'Yes' to la or 1b, attach a detailed description of the activities and copies of any materials published
or distributed by the foundation in connection with the activities.
c Did the foundation file Form 1120-POL for this year? 1c X
d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation ' $ 0. (2) On foundation managers m. $ 0.
e Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed on
foundation managers I. $ 0.
2 Has the foundation engaged in any activities that have not previously been reported to the IRS? 2 X
If 'Yes,' attach a detailed description of the activities.
3 Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If 'Yes,' attach a conformed copy of the changes . 3 X
4a Did the foundation have unrelated business gross income of $1,000 or more during the year? 4a X
b If 'Yes,' has it filed a tax return on Form 990-T for this year? 4b N 'A
5 Was there a liquidation, termination, dissolution, or substantial contraction during the year' . . 5 X
If 'Yes,' attach the statement required by General Instruction T.
6 Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either.
• By language in the governing instrument, or
• By state legislation that effectively amends the governing instrument so that no mandatory directions that conflict
with the state law remain in the governing instrument? . . 6 X
7 Did the foundation have at least $5,000 in assets at any time during the year' If 'Yes,' complete Part ll, column (c), and PartXV . . 7 X
8a Enter the states to which the foundation reports or with which it is registered (see the instructions) .
N/A
b If the answer is 'Yes' to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney General
(or designate) of each state as required by General Instruction G? If 'No,'attach explanation 8b X

9 Is the foundation claiming status as a private operating foundation within the meaning of section 4942(1)(3) or 49420)(5)
for calendar year 2007 or the taxable year beginning in 2007 (see instructions for Part XIV)? If 'Yes,' complete Part XIV 9 X

10 Did any persons become substantial contributors during the tax year? If 'Yes,' attach a schedule listing their names
and addresses. 10 X
BAA Form 990-PF (2007)

TEEA0304L 07/26/07
Form 990-PF (2007) CHAIS FAMILY FOUNDATION 95-4017323 Pa g e 5
:Part VU-A Statements Reg ardin g Activities Continued
11 a At any time during the year, did the foundation, directly or indirectly, own a controlled entity
within the meaning of section 512(b)(13)'' If 'Yes', attach schedule. (see instructions) 11a X
b If 'Yes', did the foundation have a binding written contract in effect on August 17, 2006, covering the interest, rents,
royalties, an annuities described in the attachment for line 11 a? 11b NIA
12 Did the foundation acquire a direct or indirect interest in any applicable insurance contract? 12 X
13 Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
X 13
Website address ^ N/A
------------------------------------- ----
14 The books are in care of ^ FRANK XAVIER MANTOVANI Telephone no. ^ 818-385-0111
---------------------------- -------------
Located at ^ 16255 VENTURA BLVD, SUITE #840 ZIP +4 ^ 91436
------------------------------------ -------------
15 Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 - Check here N/A ^ El
and enter the amount of tax-exem pt interest received or accrued durin g the year ^ 15 N/A
Part VU-E3 Statements Reg ardin g Activities for Which Form 4720 May Be Req uired
File Form 4720 if any item is checked in the 'Yes' column, unless an exception applies. Yes No
1 a During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? Yes 'No

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a
if
disqualified Yes X No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? Yes X No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? Yes X No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ... E Yes E] No

(6) Agree to pay money or property to a government official? (Exception . Check 'No' if the
foundation agreed to make a grant to or to employ the official for a period after termination
of g overnment ser vi ce , if term i nat i n g wi th i n 90 d ay s .) DY es XJN o
b If any answer is 'Yes' to 1a(1)-(6), did any of the acts fail to qualify under the exceptions described in
Regulations section 53.4941 (d)-3 or in a current notice regarding disaster assistance (see the instructions)? 1b N A
Organizations relying on a current notice regarding disaster assistance check here .. ^
c Did the foundation engage in a prior year in any of the acts described in 1 a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2007? 1c X
2 Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a
private operating foundation defined in section 49420)(3) or 4942(1)(5)).

a At the end of tax year 2007, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2007? []Yes N No
If 'Yes,' list the years ^ 20 , 20 , 20 , 20

b Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year's undistributed income? (If applying section 4942(a)(2) to
all years listed, answer 'No' and attach statement - see the instructions.) 2b N A
c If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
01 20 ,20 ,20 ,20

3a Did the foundation hold more than a 2% direct or indirect interest in any business
en t erprise a t any t ime d uring th e year ? []Yes No
b If 'Yes,' did it have excess business holdings in 2007 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969, (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest, or
(3) th e la pse of t he (Use Schedule C, Form 4720, to
the foundaton had excess business holdings n 2007.,1 3b NPA
d
4a Did the foundation invest during the year any amount in a manner that would jeopardize its
charitable purposes? 4a X

b Did the foundation make any investment in a prior year (but after December 31, 1969) that could
jeopardize its charitable purpose that had not been removed from jeopardy before the first day of
the tax y ear beginning in 2007? 4b X
BAA Form 990-PF (2007)

TEEA0305L 02120/08
, Form 990-PF (2007) CHAIS FAMILY FOUNDATION 95-4017323 Paae 6
[Part Y[H-8I Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a During the year did the foundation pay or incur any amount to.
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? 11 Yes X No
(2) Influence the outcome of any specific public election (see section 4955), or to carry
on, directly or indirectly, any voter registration drive? 8 Yes X No
(3) Provide a grant to an individual for travel, study, or other similar purposes? Yes X No
(4) Provide a grant to an organization other than a charitable, etc, organization described
in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions) F]Yes No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? 11 Yes [] No

b If any answer is 'Yes' to 5a(1)-(5), did any of the transactions fail to qualify under the exceptions
described in Regulations section 53.4945 or in a current notice regarding disaster assistance
(see instructions)? 5b N A
Organizations relying on a current notice regarding disaster assistance check here

c If the answer is 'Yes' to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? N/A []Yes No
If 'Yes,' attach the statement required by Regulations section 53.4945-5(d).

6a Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums
on a personal benefit contract? 0Yes No
b Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? .. 6b X
If you answered 'Yes' to 6b, also file Form 8870.
7a At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? DYes No
b If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? 7b N IA
t In formation About Officers, Directors , Trustees, Foundation Managers , Highly Paid Employees,
and Contractors
1 List all officers . directors. trustees . foundation managers and their compensation (see instructions).
(b) Title and average (c) Compensation (d) Contributions to (e) Expense account,
(a) Name and address hours per week (If not paid , enter -0-) employee benefit other allowances
devoted to position plans and deferred
compensation
See Statement-10
-----------------------
0. 0. 0.
------------------------

------------------------

-------------------------

2 Compensation of live highest-paid emniovees (other than those included online 7- see instructions)- If none- enter'NONE '

(a) Name and address of each employee (b) Title and average (c) Compensation (d) Contributions to (e) Expense account,
paid more than $50,000 hours per week employee benefit other allowances
devoted to position plans and deferred
com pensation
None
------------------------

------------------------

------------------------

------------------------

------------------------

Total number of other em p loyees paid over $50,000 0. 0


BAA TEEA0306L 02/20108 rorm yyu-rr VVuu/)
,Form 990-PF (2007) CHAIS FAMILY FOUNDATION 95-4017323 Pa g e 7
Park V tt[ Information About Officers , Directors, Trustees , Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest- paid independent contractors for professional services - (see instructions). If none,
enter ' NONE.'
(a) Name and address of each person p aid more than $50,000 (b) Type of service (c) Com pensation
None
--------------------------------------

--------------------------------------

--------------------------------------

--------------------------------------

--------------------------------------

Total number of others receiving over $50,000 for professional services 0

Prf Summary of Direct Charitable Activities


List the foundation ' s four largest direct charitable activities during the tax year . Include relevant statistical information such as the number of
organizations and other beneficiaries served, conferences convened , research papers produced, etc Expenses

1 N/A
---------------------------- --------------------------
------------------------------------------------------
2
------------------------------------------------------
------------------------------------------------------

3
------------------------------------------------------
------------------------------------------------------

4
------------------------------------------------------

Part IX B Summary of Program - Related Investments (see instructions)


Describe the two largest p rogram-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A
------------------------------------------------------
------------------------------------------------------
2
------------------------------------------------------
------------------------------------------------------

All other program-related investments. See instructions.


3
------------------------------------------------------
------------------------------------------------------

Total. Add lines 1 through 3 1 0.


BAA Form 990-PF (2007)

TEEA0307L 02/20108
.Form 990-PF (2007) CHAIS FAMILY FOUNDATION 95-4017323 Page 8
tark. X..... ( Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see instructions.)
1 Fair market value of assets not used (or held for use) directly in carrying out charitable, etc, purposes:
a Average monthly fair market value of securities 1 a 10 ,834,809.
b Average of monthly cash balances 1 b 195,059.
c Fair market value of all other assets (see instructions) 1 c
d Total (add lines 1a, b, and c) 1 d 11,029,868.
e Reduction claimed for blockage or other factors reported on lines la and 1c
(attach detailed explanation) 1e 0.
2 Acquisition indebtedness applicable to line 1 assets 2 0.
3 Subtract line 2 from line 1d 3 11,029,868.
4 Cash deemed held for charitable activities. Enter 1-1/2% of line 3
(for greater amount, see instructions) 4 165, 448.
5 10, 864,420.
Net value of noncharitable - use assets . Subtract line 4 from line 3. Enter here and on Part V, line 4 5
6 Minimum investment return . Enter 5% of line 5 6 543, 221.
PartXt Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations
and certain forei g n org anizations check here ^ and do not com p lete this part.
1 Minimum investment return from Part X, line 6 1 543,221.
2a Tax on investment income for 2007 from Part VI, line 5 2a 673,584.
b Income tax for 2007. (This does not include the tax from Part VI.) 2b
c Add lines 2a and 2b 2c 673,584.
3 Distributable amount before adjustments. Subtract line 2c from line 1 3 -130, 363.
4 Recoveries of amounts treated as qualifying distributions 4
5 Add lines 3 and 4 5 -130,363.
6 Deduction from distributable amount (see instructions) 6
7 Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 7 0.

[PA X Qualifying Distributions (see instructions)

1 Amounts paid (including administrative expenses) to accomplish charitable, etc, purposes:


a Expenses, contributions, gifts, etc - total from Part I, column (d), line 26 1a 10,949,159.
b Program-related investments - total from Part IX-B . 1b
2 Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc, purposes 2

3 Amounts set aside for specific charitable projects that satisfy the:
a Suitability test (prior IRS approval required) 3a
b Cash distribution test (attach the required schedule) ... . . 3b
4 Qualifying distributions . Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4 4 10, 949, 159.

5 Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment income.
Enter 1% of Part I, line 27b (see instructions) 5 673,584.
6 Adjusted qualifying distributions . Subtract line 5 from line 4 . . 6 10,275,575.
Note : The amount on line 6 will be used In Part V, column (b), in subsequent years when calculating whether the foundation
qualifies for the section 4940(e) reduction of tax in those years.
BAA Form 990-PF (2007)

TEEA0308L 07/27/07
, Form 990-PF (2007) CHAIS FAMILY FOUNDATION 95-4017323 Page 9
Part XIII Undistributed Income (see instructions)

(a) b c d
Corpus Years prior to 2006 2006
2007
1 Distributable amount for 2007 from Part XI,
line 7
2 Undistributed income, if any, as of the end of 2006
a Enter amount for 2006 only 0.
b Total for prior years . 20_, 20 _, 20 _ 0.
3 Excess distributions carryover, if any, to 2007.
a From 2002 170, 746.
b From 2003 758,596.
c From 2004 966,042.
d From 2005 1,323,530.
e From 2006 784, 821.
f Total of lines 3a through e 4,003,735.
4 Qualifying distributions for 2007 from Part
XII, line 4 . 0' $ 10,949,159.
a Applied to 2006 , but not more than line 2a 0.
b Applied to undistributed income of prior years
(Election required - see instructions) 0.
c Treated as distributions out of corpus
(Election required - see instructions) 0.
d Applied to 2007 distributable amount 0.
e Remaining amount distributed out of corpus 10, 949,159.
5 Excess distributions carryover applied to 2007 0. 0.
(If an amount appears in column (d), the
same amount must be shown in column (a).)

6 Enter the net total of each column as


indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 14,952,894.
b Prior years' undistributed income. Subtract
line 4b from line 2b . 0.
c Enter the amount of prior years' undistribut-
ed income for which a notice of deficiency
has been issued, or on which the section
4942(a) tax has been previously assessed 0.
d Subtract line 6c from line 6b. Taxable
amount - see instructions 0.
e Undistributed income for 2006. Subtract line 4a from
line 2a. Taxable amount - see instructions 0.
f Undistributed income for 2007. Subtract lines
4d and 5 from line 1. This amount must be
distributed in 2008 0.
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed
by section 170(b)(1)(F) or 4942(g)(3)
(see instructions) 0.
8 Excess distributions carryover from 2002 not
applied on line 5 or line 7 (see instructions) 170,746.
9 Excess distributions carryover to 2008.
Subtract lines 7 and 8 from line 6a 14,782,148.
10 Analysis of line 9.
a Excess from 2003 758, 596.
b Excess from 2004 966,042.
c Excess from 2005 1, 323, 530.
d Excess from 2006 784,821.
e Excess from 2007 10, 949, 159.
BAA Form 990-PF (2007)

TEEA0309L 07/30/07
.Form 990-PF (2007 CHAIS FAMILY FOUNDATION 95-4017323 Page 10
Part XIV Private O p eratin g Foundations (see instructions and Part VII-A, q uestion 9) N/A
1 a If the foundation has received a ruling or determination letter that it is a private operating foundation, and the ruling
is effective for 2007, enter the date of the ruling
b Check box to indicate whether the foundation is a private operating foundation described in section n 49420)(3) or n 4942(1)(5)
2a Enter the lesser of the adjusted net Tax year Prior 3 y ears
income from Part I or the minimum (a)
investment return from Part X for 2007 (b) 2006 (c) 2005 (d) 2004 Total
each year listed
b 85% of line 2a
c Qualifying distributions from Part XII,
line 4 for each year listed
d Amounts included in line 2c not used directly
for active conduct of exempt activities
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c
3 Complete 3a, b, or c for the
alternative test relied upon:
a 'Assets' alternative test - enter:
(1) Value of all assets.
(2) Value of assets qualifying under
section 4942(1)(3)(8)(1)
b 'Endowment' alternative test - enter 2/3 of
minimum investment return shown in Part X,
line 6 for each year listed
c 'Support' alternative test - enter.
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties)
(2) Support from general public and 5 or
more exempt organizations as provided
in section 4942(I)(3)(B)(in)
(3) Largest amount of support from
an exempt organization
(4) Gross investment income
[Pad XV I Supplementary Information (Complete this part only if the organization had $5, 000 or more in
assets at any time during the year - see instructions.)
1 Information Regarding Foundation Managers:
a List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation before the
close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
None

b List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the ownership of
a partnership or other entity) of which the foundation has a 10% or greater interest.
None

2 Information Regarding Contribution , Grant, Gift, Loan , Scholarship , etc, Programs:


Check here 'IF] if the foundation only makes contributions to preselected charitable organizations and does not accept unsolicited
requests for funds. If the foundation makes gifts, grants, etc, (see instructions) to individuals or organizations under other conditions,
complete items 2a, b, c, and d.
a The name, address, and telephone number of the person to whom applications should be addressed:

b The form in which applications should be submitted and information and materials they should include.

c Any submission deadlines.

d Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other factors:

BAA TEEA031OL 07/31/07 Form 990-PF (2007)


.Form 990-PF (2007) CHAIS FAMILY FOUNDATION 95-4017323 Pa g e 11
Pert XV Su p plementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
If recipient is an individual ,
Recipient show any relationship to Foundation Purpose of grant or
any foundation manager or cont ri b u t i on Amount
Name and address (h ome or business substantial contributor stat
reci pu sie nt
a Paid during the year

Total 0' 3a
b Approved for future payment

Total I' 3bi


BAA TEF-AO501L 07/26107 Form 990-PF (2007)
Form 990-PF (2007) CHAIS FAMILY FOUNDATION 95-4017323 Page 12
Rarf XVE-A Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514
(a) (b) (c) (d) (e)
Business Amount Exclu- Amount Related or exempt
code lion function income
rogram service revenue: code (see the instructions)
a
b
c
d
e
f
g Fees and contracts from government agencies
2 Membership dues and assessments
3 Interest on savings and temporary cash investments 11 , 281.
4 Dividends and interest from securities 3, 173, 336.
5 Net rental income or (loss) from real estate:
a Debt-financed property
b Not debt-financed property
6 Net rental income or (loss) from personal property
7 Other investment income
S Gain or (loss) from sales of assets other than inventory 64,173,779.
9 Net income or (loss) from special events
10 Gross profit or (loss) from sales of inventory
11 Other revenue:
a
b
c
d
e
12 Subtotal.. Add columns (b), (d), and (e) 67,358,396.
Total . Add line 12, columns (b), (d), and (e) 13 67, 358, 396.
(See worksheet in the instructions for line 13 to verify calculations.)

Park XV. Relationship of Activities to the Accomplishment of Exempt Purposes

BAA TEEA0502L 07/26/07 Form 990-PF (2007)


.Form 990-PF (2007 CHAIS FAMILY FOUNDATION 95-4017323 Page 13
Part XVI[ Information Regarding Transfers To and Transactions and Relationships With Noncharitable
Exempt Organizations
Yes I No
1 Did the organization directly or indirectly engage in any of the following with any other organization
described in section 501(c) of the Code (other than section 501 (c)(3) organizations) or in section 527,
relating to political organizations?
a Transfers from the reporting foundation to a noncharltable exempt organization of-
(1) Cash la (1) X
(2) Other assets la(2)1 X
b Other transactions.
(1) Sales of assets to a noncharitable exempt organization 1b 1) X
(2) Purchases of assets from a noncharltable exempt organization 1b 2) X
(3) Rental of facilities, equipment, or other assets. 1b 3) X
(4) Reimbursement arrangements 1 b (4) X
(5) Loans or loan guarantees 1b(5) X
(6) Performance of services or membership or fundraising solicitations 1b(6) X
c Sharing of facilities, equipment, mailing lists, other assets, or paid employees. 1c X

d If the answer to any of the above is 'Yes,' complete the following schedule . Column (b) should always show the fair market value of
the goods, other assets, or services given by the reporting foundation . If the foundation received less than fair market value in
any transaction or sharing arrangement , show in column (d ) the value of the goods, other assets, or services received.
(a) Line no (b) Amount Involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
N/A

2a Is the foundation directl y or indirectly affiliated with , or related to , one or more tax-exempt organizations
described in section 501 (c) of the Code (other than section 501 (c)(3)) or in section 527 ?
n Yes M No
b If 'Yes.' complete the following schedule.
(a) Name of organization (b) Type of organization (c) Descri ption of relationshi p
N/A

Under penalties of it lJry , I declare that I have examined this return , including
bas accompanying
all injor schedules and statements. and to the best of my knowledge and belief . it is true. correct. and
complete De

s
G 6ignatu
N
P reparer'
NEPaid s ignatures
R Pre- ^I__
FR A MA ' IT
X V31C
E parer's p
use y ours
Only e mployeA 0' 16255 Ventura Blvd., Ste 840
aZ IP
BAA
2007 Federal Statements Page 1
CHAIS FAMILY FOUNDATION 95-4017323

Statement 1
Form 990-PF , Part I, Line 16a
Legal Fees

(a) (b) Net (c) (d)


Expenses Investment Adjusted Charitable
Per Books Income Net Income Purposes
LEGAL $ 20 , 453.
Total 20,453. 0. 0. 0.

Statement 2
Form 990- PF, Part I , Line 16b
Accounting Fees

(a) (b) Net (c) (d)


Expenses Investment Adjusted Charitable
per Books Income Net Income Purposes
ACCOUNTING $ 28 , 516.
Total 28,516. 0. 0. 0.

Statement 3
Form 990 - PF, Part I , Line 18
Taxes

(a) (b) Net (C) (d)


Expenses Investment Adjusted Charitable
per Books Income Net Income Purposes
FEDERAL TAX $ 700,000.
STATE TAX 10.
Total $ 700,010. $ 0. $ 0. $ 0.

Statement 4
Form 990 - PF, Part I , Line 23
Other Expenses

(a) (b) Net (c) (d)


Expenses Investment Adjusted Charitable
per Books Income Net Income Purposes
CONSULTING SERVICES $ 403,673.
MISCELLANEOUS 794.
Total $ 404,467. $ 0. $ 0. $ 0.
2007 Federal Statements Page 21
CHAIS FAMILY FOUNDATION 95-4017323

Statement 5
Form 990-PF , Part I, Line 25
Contributions , Gifts, and Grants

Cash Grants and Allocations


Class of Activity:
Donee's Name: AM FRIENDS HEBREW UNIV
Donee's Address: 9911 PICO BLVD, # 1520
LOS ANGELES, CA 90035
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: $ 300,000.

Class of Activity:
Donee's Name: MELITZ AMERICA
Donee's Address: 101 W MOUNT ROYAL AVENUE
BALTIMORE, MD 21201
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 60,000.

Class of Activity:
Donee's Name : ISRAEL EDUCATION FUND
Donee's Address: 111 8TH AVENUE SUITE 11E
NEW YORK,, NY 10011
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 3,000,000.

Class of Activity:
Donee's Name : JEWISH TELEVISION NETWORK
Donee's Address: 6505 WILSHIRE BLVD #625
LOS ANGELES, CA 90048
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 101,000.

Class of Activity:
Donee's Name: AM COMM FOR WEIZMANN
Donee's Address: 130 EAST 59TH STREET
NEW YORK, NY 10022
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 840,000.

Class of Activity:
Donee's Name: AM SOCIETY FOR TECHNION
Donee's Address: 5757 WILSHIRE BLVD #348
LOS ANGELES, CA 90036
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 500,000.

Class of Activity:
Donee's Name: HILLEL
Donee's Address: 1640 RHODE ISLAND AVENUE
WASHINGTON, DC 20036
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 275,000.
2007 Federal Statements Page 31
CHAIS FAMILY FOUNDATION 95-40173231

Statement 5 (continued)
Form 990-PF , Part I, Line 25
Contributions , Gifts, and Grants

Class of Activity:
Donee's Name: AMERICAN FRIENDS OF IDC
Donee's Address: 590 FIFTH AVENUE 19TH FLOOR
NEW YORK, NY 10036
Relationship of Donee: NONE
Organizational Status of Donee CHARITABLE ORGANIZATION
Amount Given: 105,000.

Class of Activity:
Donee's Name: AM ASSOC OF BEN GURION UNIV
Donee's Address: 9911 WEST PICO BLVD #710
LOS ANGELES, CA 90035
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 100,000.

Class of Activity:
Donee's Name: AM COMM FOR SHAARE ZEDEK
Donee's Address: 8671 WILSHIRE BLVD #712
BEVERLY HILLS, CA 90211
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 100,000.

Class of Activity:
Donee's Name: AM COMM TEL AVIV FOUND
Donee's Address: 220 5TH AVENUE SUITE 1301
NEW YORK, NY 10001
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 349,000.

Class of Activity:
Donee's Name: AM FRIENDS OF ISRAEL NATL MUS
Donee's Address: SCIENCE 390 5TH AVE # 600
NEW YORK, NY 10018
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 170,000.

Class of Activity:
Donee's Name: AM FRIENDS OPEN UNIV OF ISRAEL
Donee's Address: 180 WEST 80TH ST
NEW YORK, NY 10024
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 350,000.

Class of Activity:
Donee's Name: CHILDRENS HOSPITAL LOS ANGELES
Donee's Address: DEPT #7924
LOS ANGELES, CA 90084
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 40,000.

Class of Activity:
2007 Federal Statements Page 41
CHAIS FAMILY FOUNDATION 95-40173231

Statement 5 (continued)
Form 990- PF, Part I , Line 25
Contributions , Gifts, and Grants

Donee's Name: JEWISH FUNDERS NETWORK


Donee's Address: 150 WEST 30TH ST #900
NEW YORK, NY 10001
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: $ 6,000.

Class of Activity:
Donee's Name: ZIMMER CHILDREN'S MUSEUM
Donee's Address: 6505 WILSHIRE BLVD SUITE 100
LOS ANGELES, CA 90048
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 25,000.

Class of Activity:
Donee's Name: AM FRIENDS TEL AVIV UNIVERSITY
Donee's Address: 9911 W PICO BLVD #1010
LOS ANGELES, CA 90035
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 40,000.

Class of Activity:
Donee's Name: CENTRAL EUROPE RESEARCH
Donee's Address: 3500 PIEDMONYT ROAD
ATLANTA, GA 30305
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 15,300.

Class of Activity:
Donee's Name: HILLEL UCLA
Donee's Address: 574 HILGARD AVE
LOS ANGELES, CA 90024
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 18,000.

Class of Activity:
Donee's Name: JEWISH COMMUNITY FOUNDATION
Donee's Address: 6505 WILSHIRE BLVD SUITE 1200
LOS ANGELES, CA 90048
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 500,000.

Class of Activity:
Donee's Name: MEDICAL DEVELOPMENT FOR ISRAEL
Donee's Address: 295 MADISON AVENUE SUITE 1705
NEW YORK, NY 10017
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 102,000.

Class of Activity:
Donee's Name: HEBREW UNION COLLEGE
2007 Federal Statements Page 51
CHAIS FAMILY FOUNDATION 95-40173231

Statement 5 (continued)
Form 990-PF, Part I, Line 25
Contributions, Gifts, and Grants

Donee's Address: 1 WEST 4TH STREET


NEW YORK, NY 10012
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: $ 100,000.

Class of Activity:
Donee's Name: ISRAEL AT HEART
Donee's Address: 580 FIFTH AVE, SUITE 2611
NEW YORK, NY 10036
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 25,000.

Class of Activity:
Donee's Name: SOCIETY FOR EXCELLENCE THRU ED
Donee's Address: 211 E CHICAGO AVE, SUITE 1020
CHICAGO, IL 60611
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 465,000.

Class of Activity:
Donee's Name: AM FRINDS OF RAMBAM MED
Donee's Address: 521 FIFTH AVE, SUITE 1749
NEW YORK, NY 10175
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 110,000.

Class of Activity:
Donee's Name: AM FRIENDS OF REUT INSTITUTE
Donee's Address: 9100 WILSHIRE BLVD #400W
BEVERLY HILLS, CA 90212
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 150,000.

Class of Activity:
Donee's Name: AM JEWISH JOINT DIST COMMITTEE
Donee's Address: 711 THIRD AVENUE 10TH FLOOR
NEW YORK, NY 10017
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 1,500,000.

Class of Activity:
Donee's Name: ARTS ENGINE
Donee's Address: 104 WEST 14TH STREET 4TH FLOOR
NEW YORK, NY 10011
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 10,000.

Class of Activity:
Donee's Name: AM FRIENDS OF ALMA
Donee's Address: 334 AMSTERDAM AVE 8TH FLOOR
2007 Federal Statements Page 61
CHAIS FAMILY FOUNDATION 95-401

Statement 5 (continued)
Form 990-PF, Part I, Line 25
Contributions, Gifts, and Grants

NEW YORK, NY 10023


Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: $ 50,000.

Class of Activity:
Donee's Name: AVI CHAI FOUNDATION
Donee's Address: 1015 PARK AVENUE
NEW YORK, NY 10028
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 1,089,859.

Class of Activity:
Donee's Name: BNAI ZION FOUNDATION
Donee's Address: 136 EAST 39TH STREET
NEW YORK, NY 10016
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 5,000.

Class of Activity:
Donee's Name: CENTRAL EUROPE UNIV
Donee's Address: 1051 BUDEPEST
, U9 Hungary
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 38,000.

Class of Activity:
Donee's Name: DOR CHADASH
Donee's Address: 165 E 56TH STREET
NEW YORK, NY 10022
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 25,000.

Class of Activity:
Donee's Name: FOOTSTEPS
Donee's Address: 111 EIGTH AVENUE 11TH FLOOR
NEW YORK, NY 10011
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 30,000.

Class of Activity:
Donee's Name: HAZON
Donee's Address: 45 WEST 36TH STREET
NEW YORK, NY 10018
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 75,000.

Class of Activity:
Donee's Name: JEWISH FEDERATION
Donee's Address: 6505 WILSHIRE BLVD #1000
LOS ANGELES, CA 90048
2007 Federal Statements Page 7
CHAIS FAMILY FOUNDATION 95-40173231

Statement 5 (continued)
Form 990 - PF, Part I , Line 25
Contributions , Gifts, and Grants

Relationship of Donee: NONE


Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 155,000.

Class of Activity:
Donee's Name: LIMMUD LA
Donee's Address: 1880 CENTURY PARK EAST#200
LOS ANGELES, CA 90067
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 50,000.

Class of Activity:
Donee's Name: OREGON PUBLIC BROADCASTING
Donee's Address: 7140 SW MACADAM AVENUE
PORTLAND, OR 97219
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 50,000.

Class of Activity:
Donee's Name: TEMPLE EMANUEL
Donee's Address: 8844 BURTON WAY
BEVERLY HILLS, CA 9211
Relationship of Donee: NONE
Organizational Status of Donee: CHARITABLE ORGANIZATION
Amount Given: 25,000.

Total $ 10,949,159.

Statement 6
Form 990-PF, Part II, Line 10a
Investments - U.S. and State Government Obligations

Valuation Book Fair Market


U.S. Government Obligations Method Value Value
6,350,000 US TREASURY 08-02-07 Mkt Val $ 0. $ 0.
400,000 US TREASURY 08-09-07 Mkt Val 0. 0.
225,000 US TREASURY 08-09-07 Mkt Val 0. 0.
4,175,000 US TREASURY 09-13-07 Mkt Val 0. 0.
350,000 US TREASURY 09-13-07 Mkt Val 0. 0.
300,000 US TREASURY 10-04-07 Mkt Val 0. 0.
225,000 US TREASURY 10-04-07 Mkt Val 0. 0.
75,000 US TREASURY 10-25-07 Mkt Val 0. 0.
2450000 US TREASURY Mkt Val 2,420,698. 2,448,359.
44175000 US TREASURY Mkt Val 43,760,197. 44,127,732.
6275000 US TREASURY Mkt Val 6,223,984. 6,265,776.
775000 US TREASURY Mkt Val 771,234. 773,597.
375000 US TREASURY Mkt Val 373,373. 373,939.
325000 US TREASURY Mkt Val 323,512. 323,606.
720000 US TREASURY Mkt Val 715,104. 715 277.
54,588,102. 55,028,286.

Total $ 54,588,102. $ 55,028,286.


2007 Federal Statements Page 8
CHAIS FAMILY FOUNDATION 95-4017323

Statement 7
Form 990-PF, Part II, Line 10b
Investments - Corporate Stocks

Valuation Book Fair Market


Corporate Stocks Method Value Value
98400 UNITED TECHNOLOGIES Mkt Val $ 1, 808, 100. 6,990,336.
565000 MICROSOFT CORP Mkt Val 0. 0.
150000 MICROSOFT CORP Mkt Val 305,208. 4,248,000.
124,000 COACH INC Mkt Val 0. 0.
90,000 COMPUTER ASSOC Mkt Val 1,458,900. 2, 388, 600.
44,650 COMPUTER ASSOC Mkt Val 389,348. 1,185,011.
175,000 MICROSOFT CORP Mkt Val 356,076. 4,956,000.
308000 REYNOLDS AMERICAN (RJ REYNOLDS) Mkt Val 4, 349, 940. 16, 915, 359.
350,000 MICROSOFT CORP Mkt Val 356,076. 9,912,000.
325,000 MICROSOFT CORP Mkt Val 330,642. 9,204,000.
59,500 ADOBE SYSTEMS INC Mkt Val 0. 0.
2,450 BURLINGTON NORTHERN Mkt Val 0. 0.
62,200 CATERPILAR INC Mkt Val 3,870,084. 5,140,208.
32,000 MICROSOFT CORP Mkt Val 677,120. 906, 240.
267,000 MICROSOFT CORP Mkt Val 916,200. 7,561,440.
21,000 MICROSOFT CORP Mkt Val 444,360. 594, 720.
100,000 PROGRESSIVE CORP Mkt Val 0. 0.
19,400 TRANSOCEAN Mkt Val 0. 0.
80000 ALTRIA GROUP INC Mkt Val 0. 0.
55361 KRAFT FOOD (ALTRIA) Mkt Val 581, 887. 1,798,125.
75,000 AMR CORP Mkt Val 0. 0.
45,000 AMR CORP Mkt Val 0. 0.
74,500 APPLE COMP INC Mkt Val 0. 0.
35,000 APPLE COMP INC Mkt Val 0. 0.
7,500 APPLE COMP INC Mkt Val 0. 0.
108,000 APPLE COMP INC Mkt Val 0. 0.
40,000 COACH INC Mkt Val 0. 0.
38,000 COACH INC Mkt Val 0. 0.
16,000 GOLDMAN SACHS Mkt Val 0. 0.
10,000 GOLDMAN SACHS Mkt Val 0. 0.
60,000 MERCK & CO Mkt Val 0. 0.
51,000 MERCK & CO Mkt Val 0. 0.
53,000 ORACLE CORP Mkt Val 829, 980. 1,210,520.
50,000 WEYERHAEUSER CO Mkt Val 0. 0.
80000 ALTRIA GROUP INC Mkt Val 566, 969. 1,780,800.
75000 APACHE CORP Mkt Val 7,090,500. 10,054,500.
50000 APACHE CORP Mkt Val 4,731,000. 6,703,000.
25000 APPLE INC Mkt Val 3,052,250. 4,718,750.
90000 DEVON ENERGY Mkt Val 7,617,600. 10,434,600.
67200 DEVON ENERGY Mkt Val 5,697,888. 7,791,168.
85000 EBAY INC Mkt Val 2,231,250. 2,550,850.
725 GOOGLE Mkt Val 348,065. 424,705.
12150 GOOGLE Mkt Val 6, 466, 230. 7,117,470.
165000 MICROSOFT Mkt Val 71, 305. 4,672,800.
80000 PHILIP MORRIS Mkt Val 1,291,945. 4,212,800.
13572 TRANSOCEAN INC Mkt Val 1,005,278. 2,038,379.
44500 UNITED STATES STEEL Mkt Val 4, 987, 115. 7, 685, 595.
Total $ 61,831,316. $ 143, 195, 976.
2007 Federal Statements Page 9
CHAIS FAMILY FOUNDATION 95-4017323

Statement 8
Form 990-PF, Part II, Line 22
Other Liabilities

Rounding 1.

Total $ 1.

Statement 9
Form 990-PF , Part IV, Line 1
Capital Gains and Losses for Tax on Investment Income

(b) How (c) Date (d) Date


Item (a) Description Acquired Acquired
1 8,000 ABERCROMBIE & FITCH A Purchased 8/02/2007 3/06/2008
2 26,000 ABERCROMBIE & FITCH B Purchased 8/08/2007 3/06/2008
3 24,000 ABERCROMBIE & FITCH B S#1 Purchased 8/08/2007 3/06/2008
4 54,000 ABERCROMBIE & FITCH C- Purchased 8/10/2007 3/06/2008
5 20,000 ABERCROMBIE & FITCH C S#1 Purchased 8/10/2007 3/06/2008
6 75,000 AMR CORP 09-07-06A/63- Purchased 9/01/2006 8/29/2007
7 45,000 AMR CORP 09-07-06B/63 Purchased 9/01/2006 8/30/2007
8 11,000 COACH INC 09-07-06A/63 Purchased 9/07/2006 8/09/2007
9 29,000 COACH INC 09-07-06A/63 S#1 Purchased 9/07/2006 8/08/2007
10 38,000 COACH INC 09-07-06B/63- Purchased 9/07/2006 8/09/2007
11 16,000 GOLDMAN S 09-07-06A/63 Purchased 9/07/2006 8/07/2007
12 10,000 GOLDMAN S 09-07-06B/63 Purchased 9/07/2006 8/07/2007
13 28,000 GOLDMAN SACHS 28K/63 Purchased 9/07/2007 2/04/2008
14 350 US TREAS 01-03-08/63 Purchased 7/31/2007 8/01/2007
15 100 US TREAS 01-17-08/63 Purchased 9/06/2007 1/17/2008
16 4,575 US TREAS 01-24-08/63 Purchased 9/13/2007 1/24/2008
17 475 US TREAS 02-28-08A/63 Purchased 9/28/2007 1/16/2008
18 50 US TREAS 02-28-08B/63 Purchased 10/25/2007 2/28/2008
19 50 US TREAS 02-28-08B/63S#1 Purchased 10/25/2007 1/16/2008
20 775 US TREAS 03-06-08/63_ Purchased 10/04/2007 3/06/2008
21 350 US TREAS 04-10-08/63 Purchased 11/23/2007 4/10/2008
22 6,475 US TREAS 04-24-08/63 Purchased 11/29/2007 4/24/2008
23 4,000 US TREAS 04-24-08/63 SLD#1 Purchased 11/29/2007 3/10/2008
24 125 US TREAS 05-01-08/63 Purchased 12/06/2007 5/01/2008
25 675 US TREAS 05-22-08/63 Purchased 12/31/2007 5/22/2008
26 4,600 US TREAS 06-19-08/63 SLD#1 Purchased 1/24/2008 5/06/2008
27 2,600 US TREAS 06-19-08/63SLD#2 Purchased 1/24/2008 5/06/2008
28 6,350 US TREAS 08-02-07/63- Purchased 3/15/2007 8/02/2007
29 400 US TREAS 08-09-07A/63 Purchased 3/29/2007 8/09/2007
30 225 US TREAS 08-09-07B/63 Purchased 3/30/2007 8/09/2007
31 4,175 US TREAS 09-13-07A/63 Purchased 4/26/2007 9/13/2007
32 350 US TREAS 09-13-07B/63 Purchased 4/30/2007 9/13/2007
33 300 US TREAS 10-04-07A/63 Purchased 5/03/2007 10/04/2007
34 225 US TREAS 10-04-07B/63 Purchased 5/10/2007 10/04/2007
35 75 US TREAS 10-25-07/63 Purchased 5/31/2007 10/25/2007
36 200 US TREAS 11-23-07A/63 Purchased 8/09/2007 11/23/2007
37 425 US TREAS 11-23-07A/63 S#1 Purchased 8/09/2007 10/10/2007
38 125 US TREAS 11-23-07B/63- Purchased 10/31/2007 11/23/2007
39 9,700 US TREAS 11-29-07/63 Purchased 8/16/2007 11/29/2007
40 200 US TREAS 12-06-07/63 Purchased 6/29/2007 12/06/2007
41 50,000 WEYERHAEUSER CO/63 Purchased 2/06/2007 8/03/2007
42 34,000 WYNN RESORTS A Purchased 8/07/2007 2/08/2008
43 30,000 WYNN RESORTS B Purchased 8/07/2007 2/08/2008
44 59,500 ADOBE SYS INC/63 Purchased 10/17/2005 1/09/2008
45 35,000 APPLE COMP 09-07-06/63 Purchased 9/07/2006 1/16/2008
2007 Federal Statements Page 10
CHAIS FAMILY FOUNDATION 95-4017323

Statement 9 (continued)
Form 990 - PF, Part IV, Line 1
Capital Gains and Losses for Tax on Investment Income

(b) How (c) Date (d) Date


Item (a) Description Acquired Acquired Sold
46 7,500 APPLE COMP 09-14-06/63 Purchased 9/14/2006 1/16/2008
47 26,000 APPLE COMP 11-01-07/63 Purchased 5/06/2003 1/16/2008
48 24,000 APPLE COMP 11-01-07/63 S#1 Purchased 5/06/2003 1/15/2008
49 49,000 APPLE COMP 12-05-06/63 Purchased 5/05/2003 1/15/2008
50 59,000 APPLE COMP 12-05-06/63 S#l Purchased 5/05/2003 1/15/2008
51 25,500 APPLE COMP INC/63 - Purchased 7/18/2006 1/16/2008
52 49,000 APPLE COMP INC/63 SLD#1 Purchased 7/18/2006 1/16/2008
53 2,450 BURLINGTON NO STA FE/63 Purchased 1/26/2006 8/01/2007
54 0.0087 CASH IN LIEU-TRANSOCEAN Purchased 1/12/2006 11/29/2007
55 16,000 COACH INC/63 Purchased 8/08/2002 8/08/2007
56 52,000 COACH INC/63 SLD#1 Purchased 8/08/2002 8/08/2007
57 56,000 COACH INC/63-SLD#2 Purchased 8/08/2002 8/08/2007
58 60,000 MERCK & CO A763 Purchased 7/18/2006 1/22/2008
59 51,000 MERCK & CO B/63 Purchased 7/18/2006 1/22/2008
60 95,000 MICROSOFT/63 SLD#1 Purchased 12/05/2000 2/05/2008
61 75,000 MICROSOFT/63-SLD#2 Purchased 12/05/2000 2/05/2008
62 65,000 MICROSOFT/63-SLD#3 Purchased 12/05/2000 2/05/2008
63 70,000 MICROSOFT/63-SLD#4 Purchased 12/05/2000 2/05/2008
64 95,000 MICROSOFT/63_SLD#5 Purchased 12/05/2000 2/05/2008
65 55,000 PROGRESSIVE CORP/63 Purchased 10/14/2005 9/04/2007
66 45,000 PROGRESSIVE CORP/63 SLD #1 Purchased 10/14/2005 9/04/2007
67 5,828 TRANSOCEAN INC/63 SLD#1 Purchased 1/12/2006 11/27/2007

(e) (f) (g) (h) (i) (j) (k) (1)


Gross Deprec. Cost Gain FMV Adj. Bas. Excess Gain
Item Sales Allowed Basis (Loss) 12/31/69 12/31/69 (i) - (j) (Loss)
1 624,960. 543,440. 81,520. $ 81,520.
2 2037620. 1791920. 245,700. 245,700.
3 1874880. 1654080. 220,800. 220,800.
4 4211460. 3738420. 473,040. 473,040.
5 1567400. 1384600. 182,800. 182,800.
6 1803000. 1523250. 279,750. 279,750.
7 1080000. 909,900. 170,100. 170,100.
8 514,470. 336,820. 177,650. 177,650.
9 1394610. 887,980. 506,630. 506,630.
10 1777260. 1168500. 608,760. 608,760.
11 3103680. 2357920. 745,760. 745,760.
12 1939800. 1477000. 462,800. 462,800.
13 5582920. 4951520. 631,400. 631,400.
14 342,857. 342,703. 154. 154.
15 100,000. 98,459. 1,541. 1,541.
16 4575000. 4507885. 67,115. 67,115.
17 473,243. 467,106. 6,137. 6,137.
18 50,000. 49,340. 660. 660.
19 49,815. 49,340. 475. 475.
20 775,000. 761,709. 13,291. 13,291.
21 350,000. 345,744. 4,256. 4,256.
22 6475000. 6395422. 79,578. 79,578.
23 3992600. 3950840. 41,760. 41,760.
24 125,000. 123,444. 1,556. 1,556.
25 675,000. 666,286. 8,714. 8,714.
26 4591628. 4556806. 34,822. 34,822.
27 2595268. 2575586. 19,682. 19,682.
28 6350000. 6229731. 120,269. 120,269.
29 400,000. 392,788. 7,212. 7,212.
2007 Federal Statements Page 11
CHAIS FAMILY FOUNDATION 95-4017323

Statement 9 (continued)
Form 990 - PF, Part IV, Line 1
Capital Gains and Losses for Tax on Investment Income

(e) (f) (g) (h) (1) (j) (k) (1)


Gross Deprec. Cost Gain FMV Adj. Bas. Excess Gain
Item Sales Allowed Basis (Loss) 12/31/69 12/31/69 (i)-(j) (Loss)
30 225,000. 220,975. 4,025. $ 4,025.
31 4175000. 4096426. 78,574. 78,574.
32 350,000. 343,641. 6,359. 6,359.
33 300,000. 293,840. 6,160. 6,160.
34 225,000. 220,646. 4,354. 4,354.
35 75,000. 73,573. 1,427. 1,427.
36 200,000. 197,250. 2,750. 2,750.
37 423,020. 419,156. 3,864. 3,864.
38 125,000. 123,400. 1,600. 1,600.
39 9700000. 9589905. 110,095. 110,095.
40 200,000. 195,786. 4,214. 4,214.
41 3531000. 3744000. -213,000. -213,000.
42 4099380. 3365660. 733,720. 733,720.
43 3617100. 2972100. 645,000. 645,000.
44 2337755. 1685040. 652,715. 652,715.
45 5898550. 2379650. 3518900. 3518900.
46 1263975. 541,125. 722,850. 722,850.
47 4388540. 185,250. 4203290. 4203290.
48 4041600. 171,000. 3870600. 3870600.
49 8251600. 344,225. 7907375. 7907375.
50 9940320. 414,475. 9525845. 9525845.
51 4297515. 1315800. 2981715. 2981715.
52 8270710. 2528400. 5742310. 5742310.
53 201,513. 173,926. 27,587. 27,587.
54 29. 0. 29. 29.
55 769,440. 88,000. 681,440. 681,440.
56 2510560. 286,000. 2224560. 2224560.
57 2699760. 308,000. 2391760. 2391760.
58 3133200. 2161800. 971,400. 971,400.
59 2657610. 1842120. 815,490. 815,490.
60 2830050. 41,055. 2788995. 2788995.
61 2227500. 32,412. 2195088. 2195088.
62 1923350. 28,090. 1895260. 1895260.
63 2055900. 30,251. 2025649. 2025649.
64 2785400. 41,055. 2744345. 2744345.
65 1140150. 1419962. -279,812. -279,812.
66 936,000. 1161788. -225,788. -225,788.
67 640,782. 431,680. 209,102. 209 102.
T ota l $64173779 .
2007 Federal Statements Page 12
CHAIS FAMILY FOUNDATION 95-4017323

Statement 10
Form 990 - PF, Part VIII, Line 1
List of Officers , Directors , Trustees, and Key Employees

Title and Contri- Expense


Average Hours Compen- bution to Account/
Name and Address Per Week Devoted sation EBP & DC Other
STANLEY CHAIS DIR, CHAIRMAN $ 0. $ 0. $ 0.
C/O MANTOVANI 16255 VENTURA BL 0
ENCINO, CA 91436

PAMELA CHAIS DIR, CFO, SEC 0. 0. 0.


C/O MANTOVANI 16255 VENTURA BL 0
ENCINO, CA 91436

MARK CHAIS DIR, VP 0. 0. 0.


C/O MANTOVANI 16255 VENTURA BL 0
ENCINO, CA 91436

WILLIAM CHAIS DIR, VP 0. 0. 0.


C/O MANTOVANI 16255 VENTURA BL 0
ENCINO, CA 91436

EMILY CHAIS DIR, VP 0. 0. 0.


C/O MANTOVANI 16255 VENTURA BL 0
ENCINO, CA 91436

Total $ 0. $ 0. $ 0.
2007 Federal Supporting Detail Page 1
CHAIS FAMILY FOUNDATION 95-40173231

Contributions, Gifts, and Grants


Direct public support

50,000 SHRS APPLE COMPUTER CONTRIBUTED ON 11/01/2007 $ 356,250.


Total $ 356,250.
Form 8868 Application for Extension of Time To File an
(Rev April 2007)
Exempt Organization Return OMB No 1545 1709

Department of the Treasury


Internal Revenue Service ^ File a separate application for each return.

• If you are filing for an Automatic 3-Month Extension , complete only Part I and check this box . . ^ }(
• If you are filing for an Additional (not automatic) 3-Month Extension , complete only Part II (on page 2 of this form).
Do not comp/etePart# unless you have already been granted an automatic 3-month extension on a previously filed Form 8868.
Part 1 Automatic 3-Month Extension of Time. Only submit original (no copies needed).
Section 501(c) corporations required to file Form 990-T and requesting an automatic 6-month extension - check this box and complete Part ❑
I only ^
All other corporations (including 1120-C filers), partnerships, REMICS, and trusts must use Form 7004 to request an extension of time to file
income tax returns.
Electronic Filing (e-file). Generally, you can electronically file Form 8868 if you want a 3-month automatic extension of time to file one of the
returns noted below (6 months for section 501(c) corporations required to file Form 990-T). However, you cannot file Form 8868 electronically if
(1) you want the additional (not automatic) 3-month extension or (2) you file Forms 990-BL, 6069, or 8870, group returns, or a composite or
consolidated Form 990-T. Instead, you must submit the fully completed and signed page 2 (Part II) of Form 8868. For more details on the
electronic filing of this form, visit www.lrs.gov/e file and click on e-file for Charities & Nonprofits.
Name of Exempt Organization Employer identification number
Type or
print
CHAIS FAMILY FOUNDATION 95-4017323
File by the Number, street , and room or suite number If a P 0 box , see instructions
due date for
filing your
return See c/o MANTOVANI 16255 VENTURA BLVD #840
instructions City, town or post office , state , and ZIP code For a foreign address , see instructions

ENCINO, CA 91436
Check type of return to be filed (file a separate application for each return):
Form 990 Form 990-T (corporation) Form 4720
Form 990-BL Form 990-T (section 401(a) or 408(a) trust) Form 5227
Form 990-EZ Form 990-T (trust other than above) Form 6069
X Form 990-PF Form 1041-A Form 8870

• The books are in the care of ^ FRANK XAVIER MANTOVANI


------------------------------------

Telephone No. ^ 818 -385-0111 _ _ _ - _ _ _ FAX No. ^


-----------------
• If the organization does not have an office or place of business in the United States , check this box .. ...... . ..... . . ^ El
• If this is for a Group Return , enter the organization ' s four digit Group Exemption Number (GEN) . If this is for the whole group,
check this box .. ^ -If it is for part of the group , check this box . ^ Fland attach a list with the names and EINs of all members
the extension will cover.
1 I request an automatic 3 - month (6 months for a section 501 (c) corporation required to file Form 990 -T) extension of time
until _ 1/1 , 20 09_ , to file the exempt organization return for the organization named above.
57-- -
The extension is for the organization ' s return for:
^ calendar year 20 or
^ X tax year beginning _ 6/01_ 20 07 _, and ending 20 08-.
2 If this tax year is for less than 12 months , check reason : 11 Initial return Final return FIChange in accounting period

3a If this application is for Form 990 - BL, 990 -PF, 990-T, 4720, or 6069 , enter the tentative tax, less any
nonrefundable credits. See instructions. 700,000.
b If this application is for Form 990-PF or 990-T, enter any refundable credits and estimated tax payments
made. Include any prior year overpayment allowed as a credit.. . . . .. 3b l $ 744,701.

c Balance Due. Subtract line 3b from line 3a. Include your payment with this form, or, if required,
deposit with FTD coupon or, if required, by using EFTPS (Electronic Federal Tax Payment System).
See Instructions . 0.
Caution . If you are going to make an electronic fund withdrawal with this Form 8868, see Form 8453-EO and Form 8879-EO for
payment instructions.
BAA For Privacy Act and Paperwork Reduction Act Notice, see instructions. Form 8868 (Rev 4-2007

FIFZ0501 L 05/01/07

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