Sealed proof · filed Form 990-PF
THE ANDY WARHOL FOUNDATION FOR THE VISUAL ARTS INC
EIN 13-3410749, tax year May 1, 2024 to April 30, 2025. The return the foundation filed, as the IRS published it, with its arithmetic re-done exactly and sealed September 28, 2026.
This is the latest return the IRS has published for this foundation, for the tax year ended 2025-04-30. The IRS received it on March 10, 2026.
The answer
Nothing carried into the next year: the return shows the year’s amount paid within the year.
Every line we re-do agrees with the return as filed.
Keep this record for the foundation, year on year: the Filing Record, the foundation’s own order, cancellable in writing for a full refund until thirty days after the filing deadline.
Qualifying distributions1.06×
the distributable amount (Part XI ÷ Part X)
Carried to next year$0
undistributed income, Part XII: nothing carried into the next year
Distributions as a rate5.2%
of net noncharitable-use assets; the legal test is the distributable amount, not this rate
Assets at fair market value$418.3M
end of the tax year, Part II
Largest listed stock0.1%
TAIWAN SEMICONDUCTOR SPON ADR
If that stock halved−<0.1%
of total assets, from that one name
Filing Record: $2,600 a year, direct or at cost through the firm that prepares the return. This page stays whether or not the foundation buys anything. Cancel in writing for any reason, any time up to 30 days after your statutory 990-PF filing deadline (or 12 months from invoice, whichever is earlier): the year is refunded in full to the payer, and seals already generated remain checkable. Or write to a person →
Nothing here can be changed quietly. Try it
THE ANDY WARHOL FOUNDATION FOR THE VISUAL ARTS INC · Form 990-PF, year ended April 30, 2025checking
Recomputing the seal in your browser…
The foundation’s own public return, sealed through the same free action as yours. Your edits stay in this page: nothing is sent and nothing is saved. A sealed copy shows nothing changed; it does not show the original was correct.
This page’s own short link: paretoalphasystems.com/p/09f084643571 — it fits on a printed page, and whoever opens it can run the same check.
The return’s own arithmetic, re-done
| Line | As filed | Recomputed | Result |
|---|---|---|---|
| Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6) | $20,533,722 | $20,533,722.05 | recomputes, within the form's whole-dollar rounding (difference −$0.05) |
| Excise tax: 1.39% of net investment income (Part V line 1) | $480,177 | $480,177.2792 | recomputes, within the form's whole-dollar rounding (difference −$0.2792) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $20,115,362 | $20,115,362 | recomputes exactly |
Where the assets sit, at fair market value
| Part II line | Fair market value | Share of assets |
|---|---|---|
| Cash (line 1) | $300 | <0.1% |
| Savings and temporary cash investments (line 2) | $12.1M | 2.9% |
| U.S. and state government obligations (line 10a) | $13.9M | 3.3% |
| Corporate stock (line 10b) | $19.4M | 4.6% |
| Corporate bonds (line 10c) | $22.7M | 5.4% |
| Other investments (line 13) | $311.3M | 74.4% |
The ten largest listed stocks, of 600 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 211.2 equal holdings; the ten largest are 12.9% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| TAIWAN SEMICONDUCTOR SPON ADR | $330,213 | 0.1% |
| CHUNGHWA TELECOM CO LTD ADR | $325,502 | 0.1% |
| LINDT & SPRUENGLI A ORD | $291,561 | 0.1% |
| DR REDDY'S LABORATORIES | $250,379 | 0.1% |
| ICICI BANK LTD SPON ADR | $235,289 | 0.1% |
| HDFC BANK LIMITED | $226,938 | 0.1% |
| NOVARTIS AG SPON ADR | $220,965 | 0.1% |
| ENBRIDGE INC | $214,727 | 0.1% |
| TAIWAN SEMICONDUCTOR SPON ADR | $209,029 | <0.1% |
| KONINKLIJKE AHOLD | $199,308 | <0.1% |
Largest other investments (line 13), as listed
| SUMMIT ROCK PRIVATE EQUITY PORTFOLIO I, II, III, IV, V, AND VI | $84.5M | 20.2% |
| SUMMIT ROCK SELECT EQUITY PORTFOLIO | $61.2M | 14.6% |
| ADAGE CAPITAL PARTNERS LP | $50M | 11.9% |
| SUMMIT ROCK HEDGED EQUITY PORTFOLIO | $44.1M | 10.5% |
| SUMMIT ROCK DIVERSIFIED STRATEGIES PORTFOLIO | $32.9M | 7.9% |
What the foundation answered on the form
- Part VI-B 4a: did the foundation invest during the year in a manner that would jeopardize its charitable purposes? No
- Part VI-B 4b: did it make any investment in a prior year that could jeopardize its charitable purpose and that had not been removed from jeopardy? No
- Part VI-B 3a: did it hold more than a 2% direct or indirect interest in any business enterprise? No
- Part VI-B 3b: did it have excess business holdings? Not answered (3a is “No”, so the form does not ask 3b. Our note; not part of the seal.)
- Part VI-B 2a: did it have undistributed income for prior years? No
Quoted as filed. These are the foundation’s own answers; this page does not test them.
Control statement · nine controls
Nine controls, read from the return.
Each control reads one part of the filed return and states a fact in a fixed vocabulary: agrees, differs, reported, not reported, not applicable, not checked. Whether any of it met a requirement is counsel’s question, not this page’s.
Recomputed each time the page is read; not part of the seal. The seal covers the body above (controls v2, kernel@2026-09-15.1).
This return: 4 agree, 4 reported, 1 not checked.
| Control | Reads | Result | Detail |
|---|---|---|---|
| Minimum investment return | Part IX line 6 against 5% of line 5, prorated for a short year | agrees | Filed $20,533,722; recomputed $20,533,722.05; agrees within the form's whole-dollar rounding. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $480,177; recomputed $480,177.27; agrees within the form's whole-dollar rounding. |
| Distributable amount | Part X line 7 against the form's own chain from line 1 | agrees | Filed $20,115,362; recomputed $20,115,362; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $21,352,991 against a distributable amount of $20,115,362 (1.06×). |
| Payout deadline | Part XII undistributed income and the date it falls due | reported | Part XII reports $0 undistributed income for the year ended 30 April 2025: nothing carried into the next year, so nothing from this year falls due by 30 April 2026. |
| Holdings tie-out | The corporate-stock schedule against Part II line 10b | agrees | 600 listed holdings sum to Part II line 10b exactly; the largest is 0.1% of total assets. |
| The foundation's own answers | Part VI-B 2a, 3a, 3b, 4a and 4b, each answered | reported | All 4 answered No (3b not asked: 3a is No). |
| Filing timeliness | The e-file timestamp beside the original due date and the extension window, each with its IRC §7503 roll to the next business day | reported | Return timestamped 10 March 2026; the original due date was 15 September 2025; the six-month extension window ended 15 March 2026 (a Sunday, so 16 March 2026 under IRC §7503). Whether an extension was granted is not visible in the e-file; the timestamp is the preparer software's, not the IRS receipt. |
| Year-to-year continuity | This year's opening balances against last year's closing | not checked | Needs the prior year's return; one sealed year cannot check itself. |
A line that differs is the return’s figure beside the recomputed one, as filed and as recomputed. The return may carry a reason this page cannot read: a schedule filed on paper, an election, a later amendment. It is not a finding. The page is not indexed. It is read by whoever holds the link: the person who asked for it, and anyone the foundation sends it to, its preparer first.
Year-to-year continuity needs two filed years on record. The years, below, reads this foundation’s filed returns in order and holds each against the one before.
The calendar ahead
A payout is owed on last year’s assets, whatever this year’s market does.
Recomputed each time the page is read; not part of the seal. The seal covers the body above (forward v2, kernel@2026-09-15.1). Read against October 8, 2026.
| By | What | Amount | Basis |
|---|---|---|---|
| September 15, 2026 Passed | Excise tax on the year ending 30 April 2026, due with that return by 15 September 2026. That date has passed; the figure for that year is on its own return, not this one. | $480,177 | Projected under the assumptions below |
| April 30, 2027 | Distributable amount for the year ending 30 April 2026, to be paid out | $20,053,544 | Projected under the assumptions below |
If net noncharitable-use assets fell 20% over the year ending April 30, 2026: what is owed now, nothing from Part XII, is unchanged; the following year’s minimum investment return would be $16,426,977, $4,106,744 less than the projection.
The assumptions, the forward kernel proof, and what was refused
- Net noncharitable-use assets for the year ending 30 April 2026 equal this return's Part IX line 5, $410674441; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $34545128.
- No recoveries, income tax or deduction next year; the rates stay 5% and 1.39%; a full tax year.
- The fall shown is 20% of net noncharitable-use assets, applied to next year's average only; what is already owed was computed on this year's average and is unchanged.
- Forward kernel proof (the projection’s own, recomputed, not sealed)
559761e1b2093ad3…· kernel@2026-09-15.1 · forward v2, controls v2
- A projection under the stated assumptions, from the foundation's own filed figures; not a forecast, not advice.
- The foundation's preparer computes the actual amounts from the year's monthly values; this page states what the last return implies if nothing changes.
- What is already owed was computed on last year's average assets and does not change with this year's market.
The years · carryover chain
One return is one year. The payout is kept across six.
What a foundation leaves undistributed is due by the end of the next tax year, and what it distributes beyond the year’s amount may be applied in the five years after. So what is owed, and what may be set against it, is only readable across the filed years. The IRS publishes those years; this reads them in order, re-adds each Part XII, and holds each year’s opening lines against the year before’s closing lines.
Sealed under a hash of their own the first time they are opened; not part of the seal above.
Up to six filed returns, read from the IRS and sealed under one hash, at a page of their own. Nothing about you is recorded.
The seal
Recomputed just now: it matches what was sealed on September 28, 2026. Anyone can check it without us.
For your auditor: what this hash is over, and how to check it from the IRS’s own file
proof
09f084643571a885ea3a6cea9411031ebf57c3a1bb5819cc1339c127efcc8a4c · recomputed now, matchesreturn Form 990-PF, IRS object
202600699349100010, schema 2024v5.5 — the file as the IRS published it hashes to 201a7bd4a254110a…source file
202600699349100010_public.xml inside 2026_TEOS_XML_03A.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py 09f084643571 --fetcharithmetic
kernel@2026-09-15.1 · kernel proof 67da385d05a77a61…rules
b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b · commit 7dd856f88a5e — the digest of the 990-PF rules this proof was sealed under (body v2); a proof of the same return under later rules names this hash as supersededThis page is not listed on this site and asks search engines not to index it. It is reached by its link, which whoever asked for it holds.
This foundation’s finance lead or counsel: to add a note beside this page, ask for a correction, or keep the record, write to us.
11,842 foundation returns re-done by the same code; in 11,827 every line we recompute agrees. The study.
This page stays whether or not the foundation buys anything.
Filing Record: $2,600 a year, direct or carried at cost by the firm that prepares the return.
The program, and the full body that was hashed
let total_assets_fmv = 418315545 USD let mix_cash = share(300 USD, total_assets_fmv) let mix_savings = share(12104526 USD, total_assets_fmv) let mix_government = share(13949822 USD, total_assets_fmv) let mix_stock = share(19427511 USD, total_assets_fmv) let mix_bonds = share(22697587 USD, total_assets_fmv) let mix_other = share(311303115 USD, total_assets_fmv) let net_noncharitable_assets = 410674441 USD let mir_filed = 20533722 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 34545128 USD let excise_filed = 480177 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 20115362 USD let distributable_recomputed = 20533722 USD - 523428 USD + 105068 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 21352991 USD let payout_coverage = qualifying_distributions / distributable_filed let payout_rate = share(qualifying_distributions, net_noncharitable_assets) let undistributed_to_next_year = 0 USD let stocks = [330213 USD, 325502 USD, 291561 USD, 250379 USD, 235289 USD, 226938 USD, 220965 USD, 214727 USD, 209029 USD, 199308 USD, 193796 USD, 185794 USD, 182670 USD, 178740 USD, 173081 USD, 165153 USD, 151437 USD, 151055 USD, 147218 USD, 137884 USD, 136350 USD, 135434 USD, 132363 USD, 131930 USD, 130592 USD, 127730 USD, 125974 USD, 119678 USD, 114538 USD, 114485 USD, 114132 USD, 113682 USD, 109037 USD, 107296 USD, 106405 USD, 105889 USD, 105339 USD, 102479 USD, 100969 USD, 100212 USD, 99478 USD, 98080 USD, 97715 USD, 97065 USD, 96084 USD, 95812 USD, 95054 USD, 94162 USD, 93562 USD, 91830 USD, 88182 USD, 86388 USD, 85390 USD, 85118 USD, 85038 USD, 84149 USD, 83666 USD, 83460 USD, 81435 USD, 79789 USD, 79099 USD, 77805 USD, 77529 USD, 77278 USD, 75434 USD, 75092 USD, 72494 USD, 72194 USD, 70861 USD, 69134 USD, 68311 USD, 67914 USD, 67786 USD, 67693 USD, 67523 USD, 67080 USD, 66939 USD, 66769 USD, 66712 USD, 66375 USD, 66042 USD, 65853 USD, 65817 USD, 64906 USD, 64152 USD, 63735 USD, 63676 USD, 63486 USD, 63320 USD, 62744 USD, 62152 USD, 62049 USD, 61734 USD, 60152 USD, 59562 USD, 59175 USD, 58512 USD, 58490 USD, 57977 USD, 57323 USD, 57164 USD, 56631 USD, 56395 USD, 56141 USD, 56003 USD, 55929 USD, 54658 USD, 54652 USD, 53995 USD, 53547 USD, 52081 USD, 51816 USD, 51596 USD, 51329 USD, 51257 USD, 50745 USD, 50726 USD, 50587 USD, 50586 USD, 50563 USD, 49827 USD, 49345 USD, 48858 USD, 48551 USD, 48172 USD, 47811 USD, 47293 USD, 47093 USD, 46844 USD, 45613 USD, 45340 USD, 43780 USD, 43147 USD, 42917 USD, 42805 USD, 42603 USD, 42581 USD, 42160 USD, 42092 USD, 41748 USD, 41390 USD, 40837 USD, 40527 USD, 39448 USD, 39247 USD, 39181 USD, 38743 USD, 38399 USD, 38142 USD, 38119 USD, 37756 USD, 37372 USD, 36991 USD, 36716 USD, 36608 USD, 36449 USD, 36401 USD, 36394 USD, 36200 USD, 36183 USD, 35772 USD, 35741 USD, 35314 USD, 35113 USD, 34902 USD, 34874 USD, 34770 USD, 34662 USD, 34437 USD, 34047 USD, 33884 USD, 33733 USD, 33681 USD, 33595 USD, 33394 USD, 33268 USD, 33190 USD, 32872 USD, 32769 USD, 32443 USD, 32371 USD, 32120 USD, 32057 USD, 31983 USD, 31875 USD, 31792 USD, 31645 USD, 31547 USD, 31451 USD, 30886 USD, 30770 USD, 30398 USD, 29888 USD, 29460 USD, 29119 USD, 28806 USD, 28726 USD, 28463 USD, 28339 USD, 28083 USD, 27893 USD, 27866 USD, 27773 USD, 27763 USD, 27707 USD, 27628 USD, 27494 USD, 27137 USD, 27082 USD, 26943 USD, 26935 USD, 26715 USD, 26592 USD, 26399 USD, 26354 USD, 26317 USD, 25876 USD, 25859 USD, 25516 USD, 25385 USD, 25182 USD, 25153 USD, 25135 USD, 24944 USD, 24887 USD, 24652 USD, 24457 USD, 24310 USD, 24222 USD, 24157 USD, 24040 USD, 23983 USD, 23945 USD, 23803 USD, 23617 USD, 23190 USD, 23132 USD, 23091 USD, 22768 USD, 22658 USD, 21975 USD, 21967 USD, 21955 USD, 21951 USD, 21852 USD, 21585 USD, 21503 USD, 21468 USD, 21292 USD, 21215 USD, 21151 USD, 21133 USD, 20976 USD, 20701 USD, 20623 USD, 20499 USD, 20481 USD, 20217 USD, 19953 USD, 19812 USD, 19635 USD, 19546 USD, 19510 USD, 19460 USD, 19452 USD, 19188 USD, 19172 USD, 19162 USD, 19130 USD, 19080 USD, 19000 USD, 18992 USD, 18894 USD, 18774 USD, 18765 USD, 18689 USD, 18674 USD, 18657 USD, 18650 USD, 18550 USD, 18323 USD, 18320 USD, 18132 USD, 18110 USD, 18104 USD, 17996 USD, 17842 USD, 17769 USD, 17751 USD, 17728 USD, 17609 USD, 17545 USD, 17327 USD, 17164 USD, 17049 USD, 17007 USD, 16940 USD, 16903 USD, 16842 USD, 16767 USD, 16635 USD, 16494 USD, 16476 USD, 16052 USD, 16033 USD, 15869 USD, 15847 USD, 15817 USD, 15793 USD, 15683 USD, 15589 USD, 15573 USD, 15522 USD, 15476 USD, 15473 USD, 15464 USD, 15450 USD, 15338 USD, 15330 USD, 15281 USD, 15236 USD, 15233 USD, 15232 USD, 15170 USD, 15125 USD, 15092 USD, 15048 USD, 15022 USD, 14861 USD, 14843 USD, 14806 USD, 14555 USD, 14444 USD, 14437 USD, 14314 USD, 14292 USD, 14167 USD, 14018 USD, 13958 USD, 13951 USD, 13938 USD, 13914 USD, 13911 USD, 13814 USD, 13609 USD, 13587 USD, 13409 USD, 13405 USD, 13378 USD, 13350 USD, 13299 USD, 13298 USD, 13274 USD, 13273 USD, 13270 USD, 13202 USD, 12843 USD, 12585 USD, 12580 USD, 12549 USD, 12387 USD, 12227 USD, 12076 USD, 12038 USD, 11952 USD, 11903 USD, 11762 USD, 11645 USD, 11315 USD, 11227 USD, 11193 USD, 11176 USD, 11109 USD, 11062 USD, 10982 USD, 10979 USD, 10954 USD, 10950 USD, 10895 USD, 10828 USD, 10706 USD, 10681 USD, 10630 USD, 10613 USD, 10530 USD, 10485 USD, 10477 USD, 10453 USD, 10450 USD, 10409 USD, 10376 USD, 10337 USD, 10279 USD, 10247 USD, 10195 USD, 10188 USD, 9861 USD, 9774 USD, 9742 USD, 9690 USD, 9613 USD, 9541 USD, 9496 USD, 9457 USD, 9422 USD, 9394 USD, 9137 USD, 9086 USD, 9053 USD, 8970 USD, 8936 USD, 8867 USD, 8843 USD, 8828 USD, 8683 USD, 8629 USD, 8584 USD, 8558 USD, 8547 USD, 8508 USD, 8477 USD, 8466 USD, 8363 USD, 8314 USD, 8311 USD, 8208 USD, 8199 USD, 8180 USD, 8115 USD, 8104 USD, 8076 USD, 8008 USD, 7926 USD, 7868 USD, 7826 USD, 7817 USD, 7770 USD, 7742 USD, 7641 USD, 7630 USD, 7615 USD, … (8039 characters; the full program is in the body below)
{
"mix": [
{
"fmv": "300",
"line": "cash",
"label": "Cash (line 1)",
"share": "0.00000071716196920198124599935677743"
},
{
"fmv": "12104526",
"line": "savings",
"label": "Savings and temporary cash investments (line 2)",
"share": "0.0289363523413886041457053669856"
},
{
"fmv": "13949822",
"line": "government",
"label": "U.S. and state government obligations (line 10a)",
"share": "0.0333476060517904014300974638655"
},
{
"fmv": "19427511",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.0464422401515105062614873659548"
},
{
"fmv": "22697587",
"line": "bonds",
"label": "Corporate bonds (line 10c)",
"share": "0.0542594872968442996781293413325"
},
{
"fmv": "311303115",
"line": "other",
"label": "Other investments (line 13)",
"share": "0.744182516573702753503936842701"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "133410749",
"name": "THE ANDY WARHOL FOUNDATION FOR THE VISUAL ARTS INC"
},
"scope": [
"Every figure here is the foundation's own filed return or exact arithmetic on it; nothing is estimated.",
"A 990-PF is a year-end snapshot. Prudence is judged at the time of each decision, which a filing cannot show.",
"This page neither establishes nor rules out any tax consequence, and no return is prepared or amended here.",
"A line that differs is the return's figure beside the recomputed one, as filed and as recomputed. The return may carry a reason this page cannot read: a schedule filed on paper, an election, a later amendment. It is not a finding."
],
"checks": [
{
"id": "minimum_investment_return",
"note": null,
"filed": "20533722",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "rounding",
"difference": "-0.05",
"recomputed": "20533722.05"
},
{
"id": "excise_tax",
"note": null,
"filed": "480177",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "-0.2792",
"recomputed": "480177.2792"
},
{
"id": "distributable_amount",
"note": null,
"filed": "20115362",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "20115362"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "34545128",
"grossInvestmentIncome": "42252238",
"netNoncharitableAssets": "410674441",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2025-04-30",
"days": 365,
"begin": "2024-05-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202600699349100010",
"returnTs": "2026-03-10T08:58:06-05:00",
"operating": false,
"sourceSha256": "201a7bd4a254110a3597962cc47c5c3df9166bd2f621ceb74c8e0a61a949928a",
"returnVersion": "2024v5.5",
"partXBoxChecked": false
},
"answers": [
{
"answer": "No",
"question": "Part VI-B 4a: did the foundation invest during the year in a manner that would jeopardize its charitable purposes?"
},
{
"answer": "No",
"question": "Part VI-B 4b: did it make any investment in a prior year that could jeopardize its charitable purpose and that had not been removed from jeopardy?"
},
{
"answer": "No",
"question": "Part VI-B 3a: did it hold more than a 2% direct or indirect interest in any business enterprise?"
},
{
"answer": "Not answered",
"question": "Part VI-B 3b: did it have excess business holdings?"
},
{
"answer": "No",
"question": "Part VI-B 2a: did it have undistributed income for prior years?"
}
],
"program": "let total_assets_fmv = 418315545 USD\nlet mix_cash = share(300 USD, total_assets_fmv)\nlet mix_savings = share(12104526 USD, total_assets_fmv)\nlet mix_government = share(13949822 USD, total_assets_fmv)\nlet mix_stock = share(19427511 USD, total_assets_fmv)\nlet mix_bonds = share(22697587 USD, total_assets_fmv)\nlet mix_other = share(311303115 USD, total_assets_fmv)\nlet net_noncharitable_assets = 410674441 USD\nlet mir_filed = 20533722 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 34545128 USD\nlet excise_filed = 480177 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 20115362 USD\nlet distributable_recomputed = 20533722 USD - 523428 USD + 105068 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 21352991 USD\nlet payout_coverage = qualifying_distributions / distributable_filed\nlet payout_rate = share(qualifying_distributions, net_noncharitable_assets)\nlet undistributed_to_next_year = 0 USD\nlet stocks = [330213 USD, 325502 USD, 291561 USD, 250379 USD, 235289 USD, 226938 USD, 220965 USD, 214727 USD, 209029 USD, 199308 USD, 193796 USD, 185794 USD, 182670 USD, 178740 USD, 173081 USD, 165153 USD, 151437 USD, 151055 USD, 147218 USD, 137884 USD, 136350 USD, 135434 USD, 132363 USD, 131930 USD, 130592 USD, 127730 USD, 125974 USD, 119678 USD, 114538 USD, 114485 USD, 114132 USD, 113682 USD, 109037 USD, 107296 USD, 106405 USD, 105889 USD, 105339 USD, 102479 USD, 100969 USD, 100212 USD, 99478 USD, 98080 USD, 97715 USD, 97065 USD, 96084 USD, 95812 USD, 95054 USD, 94162 USD, 93562 USD, 91830 USD, 88182 USD, 86388 USD, 85390 USD, 85118 USD, 85038 USD, 84149 USD, 83666 USD, 83460 USD, 81435 USD, 79789 USD, 79099 USD, 77805 USD, 77529 USD, 77278 USD, 75434 USD, 75092 USD, 72494 USD, 72194 USD, 70861 USD, 69134 USD, 68311 USD, 67914 USD, 67786 USD, 67693 USD, 67523 USD, 67080 USD, 66939 USD, 66769 USD, 66712 USD, 66375 USD, 66042 USD, 65853 USD, 65817 USD, 64906 USD, 64152 USD, 63735 USD, 63676 USD, 63486 USD, 63320 USD, 62744 USD, 62152 USD, 62049 USD, 61734 USD, 60152 USD, 59562 USD, 59175 USD, 58512 USD, 58490 USD, 57977 USD, 57323 USD, 57164 USD, 56631 USD, 56395 USD, 56141 USD, 56003 USD, 55929 USD, 54658 USD, 54652 USD, 53995 USD, 53547 USD, 52081 USD, 51816 USD, 51596 USD, 51329 USD, 51257 USD, 50745 USD, 50726 USD, 50587 USD, 50586 USD, 50563 USD, 49827 USD, 49345 USD, 48858 USD, 48551 USD, 48172 USD, 47811 USD, 47293 USD, 47093 USD, 46844 USD, 45613 USD, 45340 USD, 43780 USD, 43147 USD, 42917 USD, 42805 USD, 42603 USD, 42581 USD, 42160 USD, 42092 USD, 41748 USD, 41390 USD, 40837 USD, 40527 USD, 39448 USD, 39247 USD, 39181 USD, 38743 USD, 38399 USD, 38142 USD, 38119 USD, 37756 USD, 37372 USD, 36991 USD, 36716 USD, 36608 USD, 36449 USD, 36401 USD, 36394 USD, 36200 USD, 36183 USD, 35772 USD, 35741 USD, 35314 USD, 35113 USD, 34902 USD, 34874 USD, 34770 USD, 34662 USD, 34437 USD, 34047 USD, 33884 USD, 33733 USD, 33681 USD, 33595 USD, 33394 USD, 33268 USD, 33190 USD, 32872 USD, 32769 USD, 32443 USD, 32371 USD, 32120 USD, 32057 USD, 31983 USD, 31875 USD, 31792 USD, 31645 USD, 31547 USD, 31451 USD, 30886 USD, 30770 USD, 30398 USD, 29888 USD, 29460 USD, 29119 USD, 28806 USD, 28726 USD, 28463 USD, 28339 USD, 28083 USD, 27893 USD, 27866 USD, 27773 USD, 27763 USD, 27707 USD, 27628 USD, 27494 USD, 27137 USD, 27082 USD, 26943 USD, 26935 USD, 26715 USD, 26592 USD, 26399 USD, 26354 USD, 26317 USD, 25876 USD, 25859 USD, 25516 USD, 25385 USD, 25182 USD, 25153 USD, 25135 USD, 24944 USD, 24887 USD, 24652 USD, 24457 USD, 24310 USD, 24222 USD, 24157 USD, 24040 USD, 23983 USD, 23945 USD, 23803 USD, 23617 USD, 23190 USD, 23132 USD, 23091 USD, 22768 USD, 22658 USD, 21975 USD, 21967 USD, 21955 USD, 21951 USD, 21852 USD, 21585 USD, 21503 USD, 21468 USD, 21292 USD, 21215 USD, 21151 USD, 21133 USD, 20976 USD, 20701 USD, 20623 USD, 20499 USD, 20481 USD, 20217 USD, 19953 USD, 19812 USD, 19635 USD, 19546 USD, 19510 USD, 19460 USD, 19452 USD, 19188 USD, 19172 USD, 19162 USD, 19130 USD, 19080 USD, 19000 USD, 18992 USD, 18894 USD, 18774 USD, 18765 USD, 18689 USD, 18674 USD, 18657 USD, 18650 USD, 18550 USD, 18323 USD, 18320 USD, 18132 USD, 18110 USD, 18104 USD, 17996 USD, 17842 USD, 17769 USD, 17751 USD, 17728 USD, 17609 USD, 17545 USD, 17327 USD, 17164 USD, 17049 USD, 17007 USD, 16940 USD, 16903 USD, 16842 USD, 16767 USD, 16635 USD, 16494 USD, 16476 USD, 16052 USD, 16033 USD, 15869 USD, 15847 USD, 15817 USD, 15793 USD, 15683 USD, 15589 USD, 15573 USD, 15522 USD, 15476 USD, 15473 USD, 15464 USD, 15450 USD, 15338 USD, 15330 USD, 15281 USD, 15236 USD, 15233 USD, 15232 USD, 15170 USD, 15125 USD, 15092 USD, 15048 USD, 15022 USD, 14861 USD, 14843 USD, 14806 USD, 14555 USD, 14444 USD, 14437 USD, 14314 USD, 14292 USD, 14167 USD, 14018 USD, 13958 USD, 13951 USD, 13938 USD, 13914 USD, 13911 USD, 13814 USD, 13609 USD, 13587 USD, 13409 USD, 13405 USD, 13378 USD, 13350 USD, 13299 USD, 13298 USD, 13274 USD, 13273 USD, 13270 USD, 13202 USD, 12843 USD, 12585 USD, 12580 USD, 12549 USD, 12387 USD, 12227 USD, 12076 USD, 12038 USD, 11952 USD, 11903 USD, 11762 USD, 11645 USD, 11315 USD, 11227 USD, 11193 USD, 11176 USD, 11109 USD, 11062 USD, 10982 USD, 10979 USD, 10954 USD, 10950 USD, 10895 USD, 10828 USD, 10706 USD, 10681 USD, 10630 USD, 10613 USD, 10530 USD, 10485 USD, 10477 USD, 10453 USD, 10450 USD, 10409 USD, 10376 USD, 10337 USD, 10279 USD, 10247 USD, 10195 USD, 10188 USD, 9861 USD, 9774 USD, 9742 USD, 9690 USD, 9613 USD, 9541 USD, 9496 USD, 9457 USD, 9422 USD, 9394 USD, 9137 USD, 9086 USD, 9053 USD, 8970 USD, 8936 USD, 8867 USD, 8843 USD, 8828 USD, 8683 USD, 8629 USD, 8584 USD, 8558 USD, 8547 USD, 8508 USD, 8477 USD, 8466 USD, 8363 USD, 8314 USD, 8311 USD, 8208 USD, 8199 USD, 8180 USD, 8115 USD, 8104 USD, 8076 USD, 8008 USD, 7926 USD, 7868 USD, 7826 USD, 7817 USD, 7770 USD, 7742 USD, 7641 USD, 7630 USD, 7615 USD, 7589 USD, 7487 USD, 7481 USD, 7450 USD, 7407 USD, 7287 USD, 7256 USD, 7186 USD, 7178 USD, 7150 USD, 7136 USD, 6973 USD, 6942 USD, 6930 USD, 6828 USD, 6742 USD, 6682 USD, 6669 USD, 6631 USD, 6545 USD, 6502 USD, 6463 USD, 6416 USD, 6371 USD, 6327 USD, 6323 USD, 6319 USD, 6318 USD, 6276 USD, 6147 USD, 6123 USD, 6087 USD, 6073 USD, 5993 USD, 5988 USD, 5938 USD, 5936 USD, 5927 USD, 5864 USD, 5793 USD, 5770 USD, 5766 USD, 5684 USD, 5661 USD, 5582 USD, 5553 USD, 5495 USD, 5489 USD, 5472 USD, 5459 USD, 5424 USD, 5376 USD, 5369 USD, 5306 USD, 5285 USD, 5248 USD, 5158 USD, 5154 USD, 5150 USD, 5136 USD, 4910 USD, 4909 USD, 4855 USD, 4784 USD, 4779 USD, 4769 USD, 4727 USD, 4594 USD, 4566 USD, 4520 USD, 4481 USD, 4471 USD, 4467 USD, 4462 USD, 4403 USD, 4327 USD, 4269 USD, 4252 USD, 4130 USD, 4126 USD, 4032 USD, 4008 USD, 3982 USD, 3956 USD, 3898 USD, 3837 USD, 3724 USD, 3554 USD, 3498 USD, 3450 USD, 3415 USD, 3404 USD, 3372 USD, 3334 USD, 3312 USD, 3256 USD, 3205 USD, 3191 USD, 3041 USD, 3001 USD, 2969 USD, 2795 USD, 2677 USD, 2667 USD, 2643 USD, 2627 USD, 2610 USD, 2570 USD, 2569 USD, 2562 USD, 2332 USD, 2321 USD, 2207 USD, 2150 USD, 1894 USD, 1803 USD, 1759 USD, 1753 USD, 1718 USD, 1589 USD, 1588 USD, 1539 USD, 1424 USD, 1385 USD, 1347 USD, 1319 USD, 1207 USD, 1083 USD, 808 USD, 743 USD, 603 USD, 568 USD, 547 USD, 519 USD, 508 USD, 451 USD, 401 USD, 399 USD, 311 USD, 278 USD, 226 USD, 214 USD, 207 USD, 174 USD, 165 USD, 125 USD, 110 USD, 88 USD, 64 USD, 46 USD, 43 USD, 43 USD, 41 USD, 31 USD, 28 USD, 17 USD, 15 USD, 13 USD, 9 USD]\nlet stock_count = count(stocks)\nlet largest_stock = max(stocks)\nlet largest_stock_share_of_assets = share(largest_stock, total_assets_fmv)\nlet top10_share_of_stock = share(sum([330213 USD, 325502 USD, 291561 USD, 250379 USD, 235289 USD, 226938 USD, 220965 USD, 214727 USD, 209029 USD, 199308 USD]), sum(stocks))\nlet stock_concentration = hhi(stocks)\nlet effective_stock_holdings = 1 / stock_concentration\nlet largest_stock_halved_share_of_assets = share(largest_stock * 50%, total_assets_fmv)",
"results": {
"mix_cash": "0.00000071716196920198124599935677743",
"mir_filed": "20533722 USD",
"mix_bonds": "0.0542594872968442996781293413325",
"mix_other": "0.744182516573702753503936842701",
"mix_stock": "0.0464422401515105062614873659548",
"mix_savings": "0.0289363523413886041457053669856",
"payout_rate": "0.0519949353263988493503543844843",
"stock_count": "600",
"excise_filed": "480177 USD",
"largest_stock": "330213 USD",
"mir_difference": "-0.05 USD",
"mir_recomputed": "20533722.05 USD",
"mix_government": "0.0333476060517904014300974638655",
"payout_coverage": "1.06152655865701049774794010667",
"total_assets_fmv": "418315545 USD",
"excise_difference": "-0.2792 USD",
"excise_recomputed": "480177.2792 USD",
"distributable_filed": "20115362 USD",
"stock_concentration": "0.00473513154638194012714391548753",
"top10_share_of_stock": "0.12888480670529539270367676024",
"net_investment_income": "34545128 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "20115362 USD",
"effective_stock_holdings": "211.187374670528122064372479825",
"net_noncharitable_assets": "410674441 USD",
"qualifying_distributions": "21352991 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.000789387351120312777283951998485",
"largest_stock_halved_share_of_assets": "0.000394693675560156388641975999242"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "330213",
"name": "TAIWAN SEMICONDUCTOR SPON ADR",
"shareOfAssets": "0.000789387351120312777283951998485"
},
{
"fmv": "325502",
"name": "CHUNGHWA TELECOM CO LTD ADR",
"shareOfAssets": "0.000778125517663944331784275432557"
},
{
"fmv": "291561",
"name": "LINDT & SPRUENGLI A ORD",
"shareOfAssets": "0.000696988203008329513549394871281"
},
{
"fmv": "250379",
"name": "DR REDDY'S LABORATORIES",
"shareOfAssets": "0.00059854098895607620797357650192"
},
{
"fmv": "235289",
"name": "ICICI BANK LTD SPON ADR",
"shareOfAssets": "0.000562467741905216551299808856016"
},
{
"fmv": "226938",
"name": "HDFC BANK LIMITED",
"shareOfAssets": "0.000542504343222530733348673427855"
},
{
"fmv": "220965",
"name": "NOVARTIS AG SPON ADR",
"shareOfAssets": "0.000528225648415719286740826234416"
},
{
"fmv": "214727",
"name": "ENBRIDGE INC",
"shareOfAssets": "0.000513313460536112756699012942491"
},
{
"fmv": "209029",
"name": "TAIWAN SEMICONDUCTOR SPON ADR",
"shareOfAssets": "0.000499692164201069792899998492765"
},
{
"fmv": "199308",
"name": "KONINKLIJKE AHOLD",
"shareOfAssets": "0.000476453725859028260592132668653"
}
],
"count": 600,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "67da385d05a77a61488a4be2e632e82cb7f190e20dc6dd7d0e147ec96a5e4d46",
"otherInvestments": [
{
"fmv": "84470343",
"name": "SUMMIT ROCK PRIVATE EQUITY PORTFOLIO I, II, III, IV, V, AND VI",
"shareOfAssets": "0.20192972508348930709711014923"
},
{
"fmv": "61227587",
"name": "SUMMIT ROCK SELECT EQUITY PORTFOLIO",
"shareOfAssets": "0.14636698954135209103931339678"
},
{
"fmv": "49972581",
"name": "ADAGE CAPITAL PARTNERS LP",
"shareOfAssets": "0.119461448653551710587279275027"
},
{
"fmv": "44103493",
"name": "SUMMIT ROCK HEDGED EQUITY PORTFOLIO",
"shareOfAssets": "0.10543115962855265156354636546"
},
{
"fmv": "32883239",
"name": "SUMMIT ROCK DIVERSIFIED STRATEGIES PORTFOLIO",
"shareOfAssets": "0.078608694783264628619048809195"
}
]
}The seal’s own scope:
- Every figure here is the foundation's own filed return or exact arithmetic on it; nothing is estimated.
- A 990-PF is a year-end snapshot. Prudence is judged at the time of each decision, which a filing cannot show.
- This page neither establishes nor rules out any tax consequence, and no return is prepared or amended here.
- A line that differs is the return's figure beside the recomputed one, as filed and as recomputed. The return may carry a reason this page cannot read: a schedule filed on paper, an election, a later amendment. It is not a finding.
We don’t prepare or file a 990-PF. We read the one the foundation filed, re-do its arithmetic exactly, and seal what it says.