Sealed proof · filed Form 990-PF
ADDITIONAL VENTURES FOUNDATION
EIN 81-4429034, tax year January 1, 2024 to December 31, 2024. 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. Its tax year ended 21 months ago, so a later one may have been filed since and not yet appear in the public file. The IRS received it on November 14, 2025.
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 distributions1.84×
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 rate9.5%
of net noncharitable-use assets; the legal test is the distributable amount, not this rate
Assets at fair market value$220.3M
end of the tax year, Part II
Largest listed stock1.7%
APPLE INC
If that stock halved−0.9%
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
ADDITIONAL VENTURES FOUNDATION · Form 990-PF, year ended December 31, 2024checking
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/2ced98b7e110 — 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) | $10,520,024 | $10,520,023.5 | recomputes, within the form's whole-dollar rounding (difference $0.5) |
| Excise tax: 1.39% of net investment income (Part V line 1) | $255,964 | $255,963.5099 | recomputes, within the form's whole-dollar rounding (difference $0.4901) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $10,904,319 | $10,904,319 | recomputes exactly |
Where the assets sit, at fair market value
| Part II line | Fair market value | Share of assets |
|---|---|---|
| Savings and temporary cash investments (line 2) | $16.4M | 7.4% |
| U.S. and state government obligations (line 10a) | $28.9M | 13.1% |
| Corporate stock (line 10b) | $74.5M | 33.8% |
| Corporate bonds (line 10c) | $30.6M | 13.9% |
| Other investments (line 13) | $68.9M | 31.3% |
The ten largest listed stocks, of 713 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 91.2 equal holdings; the ten largest are 27.9% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| APPLE INC | $3.8M | 1.7% |
| NVIDIA CORP | $3.3M | 1.5% |
| MICROSOFT CORP | $2.9M | 1.3% |
| FLUIDFORM BIO INC | $2.3M | 1.1% |
| AMAZON.COM INC | $2M | 0.9% |
| RENATA MEDICAL INC | $2M | 0.9% |
| ALPHABET INC CL A | $1.2M | 0.6% |
| TESLA MOTORS INC | $1.1M | 0.5% |
| BROADCOM INC | $1M | 0.5% |
| ALPHABET INC CL C | $973,529 | 0.4% |
Largest other investments (line 13), as listed
| EMERGING MARKETS PORTFOLIO FEEDER FUND LP | $17.5M | 7.9% |
| TACTICAL OPPORTUNITES PORTFOLIO 2020 LP | $5.2M | 2.4% |
| PUBLIC EQUITY TAIL HEDGE PORTFOLIO LP | $4.5M | 2.1% |
| GLIDE PATH SOLUTIONS 2020 LP | $3.7M | 1.7% |
| CO-INVESTMENT PORTFOLIO 2020 LP | $2.5M | 1.1% |
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 $10,520,024; recomputed $10,520,023.5; agrees within the form's whole-dollar rounding. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $255,964; recomputed $255,963.50; 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 $10,904,319; recomputed $10,904,319; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $20,058,316 against a distributable amount of $10,904,319 (1.84×). |
| Payout deadline | Part XII undistributed income and the date it falls due | reported | Part XII reports $0 undistributed income for the year ended 31 December 2024: nothing carried into the next year, so nothing from this year falls due by 31 December 2025. |
| Holdings tie-out | The corporate-stock schedule against Part II line 10b | agrees | 713 listed holdings sum to Part II line 10b exactly; the largest is 1.7% 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 14 November 2025; the original due date was 15 May 2025; the six-month extension window ended 15 November 2025 (a Saturday, so 17 November 2025 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 |
|---|---|---|---|
| May 15, 2026 Passed | Excise tax on the year ending 31 December 2025, due with that return by 15 May 2026. That date has passed; the figure for that year is on its own return, not this one. | $255,963 | Projected under the assumptions below |
| December 31, 2026 | Distributable amount for the year ending 31 December 2025, to be paid out | $10,264,059 | Projected under the assumptions below |
If net noncharitable-use assets fell 20% over the year ending December 31, 2025: what is owed now, nothing from Part XII, is unchanged; the following year’s minimum investment return would be $8,416,018, $2,104,004 less than the projection.
The assumptions, the forward kernel proof, and what was refused
- Net noncharitable-use assets for the year ending 31 December 2025 equal this return's Part IX line 5, $210400470; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $18414641.
- 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)
36b0e9fcbcc3cfff…· 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
2ced98b7e1101dc831d4872c499a35821b3b3c063f497e519790379cd20074b3 · recomputed now, matchesreturn Form 990-PF, IRS object
202503189349103400, schema 2024v5.2 — the file as the IRS published it hashes to d0f1b03e1a74ed23…source file
202503189349103400_public.xml inside 2025_TEOS_XML_11A.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py 2ced98b7e110 --fetcharithmetic
kernel@2026-09-15.1 · kernel proof 1559844119e2efb3…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 = 220336715 USD let mix_savings = share(16408811 USD, total_assets_fmv) let mix_government = share(28873718 USD, total_assets_fmv) let mix_stock = share(74544144 USD, total_assets_fmv) let mix_bonds = share(30611142 USD, total_assets_fmv) let mix_other = share(68886263 USD, total_assets_fmv) let net_noncharitable_assets = 210400470 USD let mir_filed = 10520024 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 18414641 USD let excise_filed = 255964 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 10904319 USD let distributable_recomputed = 10520024 USD - 255964 USD + 640259 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 20058316 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 = [3839439 USD, 3315604 USD, 2942492 USD, 2340480 USD, 2019046 USD, 1999997 USD, 1220039 USD, 1135598 USD, 1031688 USD, 973529 USD, 623776 USD, 575544 USD, 569773 USD, 567579 USD, 525575 USD, 485626 USD, 481053 USD, 455483 USD, 411790 USD, 377503 USD, 375201 USD, 327643 USD, 326257 USD, 312924 USD, 305027 USD, 304968 USD, 299074 USD, 297119 USD, 282777 USD, 265313 USD, 257536 USD, 256367 USD, 252021 USD, 239050 USD, 231545 USD, 222349 USD, 221628 USD, 218083 USD, 217828 USD, 213333 USD, 212438 USD, 210868 USD, 209011 USD, 208844 USD, 208224 USD, 204108 USD, 202307 USD, 201478 USD, 200554 USD, 200016 USD, 199133 USD, 197678 USD, 197285 USD, 188450 USD, 185471 USD, 185317 USD, 184346 USD, 183832 USD, 181449 USD, 179261 USD, 178599 USD, 177663 USD, 174311 USD, 173357 USD, 171156 USD, 168719 USD, 166796 USD, 165232 USD, 165196 USD, 162933 USD, 161432 USD, 160956 USD, 159039 USD, 153573 USD, 152545 USD, 152194 USD, 149764 USD, 148386 USD, 148134 USD, 147180 USD, 146875 USD, 145184 USD, 143689 USD, 142376 USD, 142300 USD, 141841 USD, 139385 USD, 138974 USD, 138894 USD, 138793 USD, 138208 USD, 137172 USD, 135670 USD, 133749 USD, 133287 USD, 132930 USD, 132831 USD, 131918 USD, 131830 USD, 130860 USD, 130731 USD, 129957 USD, 129804 USD, 128864 USD, 127563 USD, 127125 USD, 126126 USD, 125915 USD, 123857 USD, 122199 USD, 121154 USD, 120298 USD, 120293 USD, 118280 USD, 117967 USD, 117532 USD, 116596 USD, 116576 USD, 115847 USD, 115826 USD, 115690 USD, 115474 USD, 114942 USD, 114868 USD, 113247 USD, 113195 USD, 111661 USD, 111531 USD, 111355 USD, 111259 USD, 111006 USD, 110821 USD, 110283 USD, 110021 USD, 109403 USD, 108851 USD, 107858 USD, 107680 USD, 107315 USD, 107296 USD, 107231 USD, 106725 USD, 106508 USD, 106352 USD, 105423 USD, 105341 USD, 105290 USD, 103783 USD, 103291 USD, 102784 USD, 101659 USD, 101127 USD, 101107 USD, 100306 USD, 99930 USD, 99903 USD, 99735 USD, 99375 USD, 98896 USD, 98705 USD, 97881 USD, 97155 USD, 97085 USD, 97004 USD, 96793 USD, 96313 USD, 96008 USD, 95554 USD, 94946 USD, 94944 USD, 94841 USD, 94472 USD, 94289 USD, 94218 USD, 93963 USD, 93524 USD, 93465 USD, 93227 USD, 92507 USD, 92151 USD, 91624 USD, 91280 USD, 91241 USD, 91165 USD, 91154 USD, 90371 USD, 90200 USD, 90093 USD, 90071 USD, 89185 USD, 89183 USD, 89160 USD, 88873 USD, 88661 USD, 88656 USD, 88644 USD, 88467 USD, 88227 USD, 88037 USD, 88020 USD, 87387 USD, 87172 USD, 86893 USD, 86762 USD, 86472 USD, 86342 USD, 86011 USD, 85942 USD, 85765 USD, 85388 USD, 84951 USD, 84917 USD, 84396 USD, 84393 USD, 84118 USD, 84055 USD, 84038 USD, 83989 USD, 83910 USD, 83836 USD, 83740 USD, 82549 USD, 81802 USD, 81564 USD, 81511 USD, 80619 USD, 80570 USD, 80452 USD, 79964 USD, 79508 USD, 79062 USD, 78783 USD, 78266 USD, 77560 USD, 77543 USD, 77383 USD, 77285 USD, 77187 USD, 77077 USD, 76869 USD, 76730 USD, 76686 USD, 76658 USD, 76322 USD, 75868 USD, 75776 USD, 75188 USD, 75114 USD, 75084 USD, 75066 USD, 75009 USD, 74982 USD, 74935 USD, 74890 USD, 74641 USD, 74600 USD, 74241 USD, 74209 USD, 73840 USD, 73634 USD, 73600 USD, 73462 USD, 73385 USD, 73112 USD, 72800 USD, 72749 USD, 72633 USD, 72273 USD, 71909 USD, 71830 USD, 71783 USD, 71732 USD, 71587 USD, 71509 USD, 71230 USD, 70974 USD, 70958 USD, 70539 USD, 70103 USD, 70090 USD, 70042 USD, 69783 USD, 69736 USD, 69630 USD, 69597 USD, 69236 USD, 69136 USD, 69081 USD, 68517 USD, 68472 USD, 68298 USD, 68030 USD, 67533 USD, 67498 USD, 67403 USD, 67236 USD, 67091 USD, 66704 USD, 66129 USD, 66033 USD, 66002 USD, 65990 USD, 65712 USD, 65676 USD, 65459 USD, 65282 USD, 65272 USD, 65133 USD, 64968 USD, 64954 USD, 64717 USD, 64563 USD, 64470 USD, 64394 USD, 64201 USD, 64040 USD, 63807 USD, 63687 USD, 63252 USD, 63213 USD, 63054 USD, 62937 USD, 62730 USD, 62626 USD, 62062 USD, 61954 USD, 61812 USD, 61806 USD, 61656 USD, 61635 USD, 61491 USD, 61468 USD, 61348 USD, 61231 USD, 61143 USD, 61119 USD, 61056 USD, 60808 USD, 60637 USD, 60548 USD, 60381 USD, 60074 USD, 59995 USD, 59407 USD, 59241 USD, 58870 USD, 58865 USD, 58596 USD, 58374 USD, 58344 USD, 58098 USD, 58074 USD, 57908 USD, 57789 USD, 57659 USD, 57522 USD, 57368 USD, 57055 USD, 56944 USD, 56573 USD, 56434 USD, 56370 USD, 55954 USD, 55868 USD, 55799 USD, 55693 USD, 55674 USD, 55403 USD, 55050 USD, 55029 USD, 54883 USD, 54576 USD, 54289 USD, 54155 USD, 54068 USD, 54048 USD, 53906 USD, 53629 USD, 53393 USD, 53169 USD, 52955 USD, 52743 USD, 52521 USD, 52366 USD, 52355 USD, 52245 USD, 51958 USD, 51881 USD, 51863 USD, 51727 USD, 51442 USD, 51379 USD, 51246 USD, 51243 USD, 51235 USD, 51147 USD, 50533 USD, 49849 USD, 49775 USD, 49551 USD, 49469 USD, 49333 USD, 49332 USD, 49250 USD, 49081 USD, 48949 USD, 48929 USD, 48656 USD, 48631 USD, 48464 USD, 48389 USD, 48296 USD, 48219 USD, 47882 USD, 47685 USD, 47514 USD, 47453 USD, 47142 USD, 47057 USD, 47023 USD, 46729 USD, 46485 USD, 46479 USD, 46274 USD, 46238 USD, 46217 USD, 46213 USD, 46138 USD, 45828 USD, 45634 USD, 4 … (9597 characters; the full program is in the body below)
{
"mix": [
{
"fmv": "16408811",
"line": "savings",
"label": "Savings and temporary cash investments (line 2)",
"share": "0.0744715241851545258809908280606"
},
{
"fmv": "28873718",
"line": "government",
"label": "U.S. and state government obligations (line 10a)",
"share": "0.131043607507718357333229734318"
},
{
"fmv": "74544144",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.338319212937344554673967976694"
},
{
"fmv": "30611142",
"line": "bonds",
"label": "Corporate bonds (line 10c)",
"share": "0.138928920674886162299369853091"
},
{
"fmv": "68886263",
"line": "other",
"label": "Other investments (line 13)",
"share": "0.312640873310650928057995236972"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "814429034",
"name": "ADDITIONAL VENTURES FOUNDATION"
},
"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": "10520024",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "rounding",
"difference": "0.5",
"recomputed": "10520023.5"
},
{
"id": "excise_tax",
"note": null,
"filed": "255964",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "0.4901",
"recomputed": "255963.5099"
},
{
"id": "distributable_amount",
"note": null,
"filed": "10904319",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "10904319"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "18414641",
"grossInvestmentIncome": "20581511",
"netNoncharitableAssets": "210400470",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2024-12-31",
"days": 366,
"begin": "2024-01-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202503189349103400",
"returnTs": "2025-11-14T12:28:12-06:00",
"operating": false,
"sourceSha256": "d0f1b03e1a74ed23bee728ee01871db353b20af9118d3a921925c430dde4ca77",
"returnVersion": "2024v5.2",
"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 = 220336715 USD\nlet mix_savings = share(16408811 USD, total_assets_fmv)\nlet mix_government = share(28873718 USD, total_assets_fmv)\nlet mix_stock = share(74544144 USD, total_assets_fmv)\nlet mix_bonds = share(30611142 USD, total_assets_fmv)\nlet mix_other = share(68886263 USD, total_assets_fmv)\nlet net_noncharitable_assets = 210400470 USD\nlet mir_filed = 10520024 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 18414641 USD\nlet excise_filed = 255964 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 10904319 USD\nlet distributable_recomputed = 10520024 USD - 255964 USD + 640259 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 20058316 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 = [3839439 USD, 3315604 USD, 2942492 USD, 2340480 USD, 2019046 USD, 1999997 USD, 1220039 USD, 1135598 USD, 1031688 USD, 973529 USD, 623776 USD, 575544 USD, 569773 USD, 567579 USD, 525575 USD, 485626 USD, 481053 USD, 455483 USD, 411790 USD, 377503 USD, 375201 USD, 327643 USD, 326257 USD, 312924 USD, 305027 USD, 304968 USD, 299074 USD, 297119 USD, 282777 USD, 265313 USD, 257536 USD, 256367 USD, 252021 USD, 239050 USD, 231545 USD, 222349 USD, 221628 USD, 218083 USD, 217828 USD, 213333 USD, 212438 USD, 210868 USD, 209011 USD, 208844 USD, 208224 USD, 204108 USD, 202307 USD, 201478 USD, 200554 USD, 200016 USD, 199133 USD, 197678 USD, 197285 USD, 188450 USD, 185471 USD, 185317 USD, 184346 USD, 183832 USD, 181449 USD, 179261 USD, 178599 USD, 177663 USD, 174311 USD, 173357 USD, 171156 USD, 168719 USD, 166796 USD, 165232 USD, 165196 USD, 162933 USD, 161432 USD, 160956 USD, 159039 USD, 153573 USD, 152545 USD, 152194 USD, 149764 USD, 148386 USD, 148134 USD, 147180 USD, 146875 USD, 145184 USD, 143689 USD, 142376 USD, 142300 USD, 141841 USD, 139385 USD, 138974 USD, 138894 USD, 138793 USD, 138208 USD, 137172 USD, 135670 USD, 133749 USD, 133287 USD, 132930 USD, 132831 USD, 131918 USD, 131830 USD, 130860 USD, 130731 USD, 129957 USD, 129804 USD, 128864 USD, 127563 USD, 127125 USD, 126126 USD, 125915 USD, 123857 USD, 122199 USD, 121154 USD, 120298 USD, 120293 USD, 118280 USD, 117967 USD, 117532 USD, 116596 USD, 116576 USD, 115847 USD, 115826 USD, 115690 USD, 115474 USD, 114942 USD, 114868 USD, 113247 USD, 113195 USD, 111661 USD, 111531 USD, 111355 USD, 111259 USD, 111006 USD, 110821 USD, 110283 USD, 110021 USD, 109403 USD, 108851 USD, 107858 USD, 107680 USD, 107315 USD, 107296 USD, 107231 USD, 106725 USD, 106508 USD, 106352 USD, 105423 USD, 105341 USD, 105290 USD, 103783 USD, 103291 USD, 102784 USD, 101659 USD, 101127 USD, 101107 USD, 100306 USD, 99930 USD, 99903 USD, 99735 USD, 99375 USD, 98896 USD, 98705 USD, 97881 USD, 97155 USD, 97085 USD, 97004 USD, 96793 USD, 96313 USD, 96008 USD, 95554 USD, 94946 USD, 94944 USD, 94841 USD, 94472 USD, 94289 USD, 94218 USD, 93963 USD, 93524 USD, 93465 USD, 93227 USD, 92507 USD, 92151 USD, 91624 USD, 91280 USD, 91241 USD, 91165 USD, 91154 USD, 90371 USD, 90200 USD, 90093 USD, 90071 USD, 89185 USD, 89183 USD, 89160 USD, 88873 USD, 88661 USD, 88656 USD, 88644 USD, 88467 USD, 88227 USD, 88037 USD, 88020 USD, 87387 USD, 87172 USD, 86893 USD, 86762 USD, 86472 USD, 86342 USD, 86011 USD, 85942 USD, 85765 USD, 85388 USD, 84951 USD, 84917 USD, 84396 USD, 84393 USD, 84118 USD, 84055 USD, 84038 USD, 83989 USD, 83910 USD, 83836 USD, 83740 USD, 82549 USD, 81802 USD, 81564 USD, 81511 USD, 80619 USD, 80570 USD, 80452 USD, 79964 USD, 79508 USD, 79062 USD, 78783 USD, 78266 USD, 77560 USD, 77543 USD, 77383 USD, 77285 USD, 77187 USD, 77077 USD, 76869 USD, 76730 USD, 76686 USD, 76658 USD, 76322 USD, 75868 USD, 75776 USD, 75188 USD, 75114 USD, 75084 USD, 75066 USD, 75009 USD, 74982 USD, 74935 USD, 74890 USD, 74641 USD, 74600 USD, 74241 USD, 74209 USD, 73840 USD, 73634 USD, 73600 USD, 73462 USD, 73385 USD, 73112 USD, 72800 USD, 72749 USD, 72633 USD, 72273 USD, 71909 USD, 71830 USD, 71783 USD, 71732 USD, 71587 USD, 71509 USD, 71230 USD, 70974 USD, 70958 USD, 70539 USD, 70103 USD, 70090 USD, 70042 USD, 69783 USD, 69736 USD, 69630 USD, 69597 USD, 69236 USD, 69136 USD, 69081 USD, 68517 USD, 68472 USD, 68298 USD, 68030 USD, 67533 USD, 67498 USD, 67403 USD, 67236 USD, 67091 USD, 66704 USD, 66129 USD, 66033 USD, 66002 USD, 65990 USD, 65712 USD, 65676 USD, 65459 USD, 65282 USD, 65272 USD, 65133 USD, 64968 USD, 64954 USD, 64717 USD, 64563 USD, 64470 USD, 64394 USD, 64201 USD, 64040 USD, 63807 USD, 63687 USD, 63252 USD, 63213 USD, 63054 USD, 62937 USD, 62730 USD, 62626 USD, 62062 USD, 61954 USD, 61812 USD, 61806 USD, 61656 USD, 61635 USD, 61491 USD, 61468 USD, 61348 USD, 61231 USD, 61143 USD, 61119 USD, 61056 USD, 60808 USD, 60637 USD, 60548 USD, 60381 USD, 60074 USD, 59995 USD, 59407 USD, 59241 USD, 58870 USD, 58865 USD, 58596 USD, 58374 USD, 58344 USD, 58098 USD, 58074 USD, 57908 USD, 57789 USD, 57659 USD, 57522 USD, 57368 USD, 57055 USD, 56944 USD, 56573 USD, 56434 USD, 56370 USD, 55954 USD, 55868 USD, 55799 USD, 55693 USD, 55674 USD, 55403 USD, 55050 USD, 55029 USD, 54883 USD, 54576 USD, 54289 USD, 54155 USD, 54068 USD, 54048 USD, 53906 USD, 53629 USD, 53393 USD, 53169 USD, 52955 USD, 52743 USD, 52521 USD, 52366 USD, 52355 USD, 52245 USD, 51958 USD, 51881 USD, 51863 USD, 51727 USD, 51442 USD, 51379 USD, 51246 USD, 51243 USD, 51235 USD, 51147 USD, 50533 USD, 49849 USD, 49775 USD, 49551 USD, 49469 USD, 49333 USD, 49332 USD, 49250 USD, 49081 USD, 48949 USD, 48929 USD, 48656 USD, 48631 USD, 48464 USD, 48389 USD, 48296 USD, 48219 USD, 47882 USD, 47685 USD, 47514 USD, 47453 USD, 47142 USD, 47057 USD, 47023 USD, 46729 USD, 46485 USD, 46479 USD, 46274 USD, 46238 USD, 46217 USD, 46213 USD, 46138 USD, 45828 USD, 45634 USD, 45510 USD, 45491 USD, 45345 USD, 45225 USD, 45063 USD, 44988 USD, 44825 USD, 44821 USD, 44576 USD, 44559 USD, 44558 USD, 44528 USD, 44322 USD, 44306 USD, 44253 USD, 44153 USD, 44144 USD, 44018 USD, 43994 USD, 43956 USD, 43614 USD, 43316 USD, 43238 USD, 43073 USD, 42740 USD, 42681 USD, 42597 USD, 42416 USD, 42171 USD, 42111 USD, 42067 USD, 42006 USD, 41969 USD, 41955 USD, 41569 USD, 41449 USD, 40969 USD, 40775 USD, 40662 USD, 40606 USD, 40540 USD, 40356 USD, 40230 USD, 39978 USD, 39854 USD, 39749 USD, 39579 USD, 39343 USD, 39151 USD, 39014 USD, 38635 USD, 38514 USD, 38323 USD, 38265 USD, 37823 USD, 37815 USD, 37708 USD, 37705 USD, 37660 USD, 37500 USD, 37107 USD, 37073 USD, 37037 USD, 37036 USD, 37029 USD, 36980 USD, 36924 USD, 36901 USD, 36890 USD, 36777 USD, 36580 USD, 36560 USD, 36496 USD, 36473 USD, 36305 USD, 36230 USD, 36041 USD, 35941 USD, 35869 USD, 35707 USD, 35665 USD, 35570 USD, 35498 USD, 35440 USD, 35125 USD, 34841 USD, 34703 USD, 34647 USD, 34568 USD, 34557 USD, 34351 USD, 34315 USD, 34309 USD, 34265 USD, 33930 USD, 33882 USD, 33781 USD, 33694 USD, 33667 USD, 33396 USD, 33314 USD, 33301 USD, 33292 USD, 33151 USD, 32690 USD, 32690 USD, 32564 USD, 32412 USD, 32340 USD, 32293 USD, 32242 USD, 32237 USD, 32188 USD, 32052 USD, 32008 USD, 31946 USD, 31396 USD, 31389 USD, 31352 USD, 31336 USD, 30890 USD, 30833 USD, 30715 USD, 30639 USD, 30612 USD, 30590 USD, 30541 USD, 30418 USD, 30333 USD, 30266 USD, 30225 USD, 30146 USD, 30144 USD, 30131 USD, 30023 USD, 29563 USD, 29475 USD, 29376 USD, 29368 USD, 29315 USD, 29189 USD, 29140 USD, 29019 USD, 28916 USD, 28863 USD, 28861 USD, 28812 USD, 28169 USD, 28009 USD, 27958 USD, 27956 USD, 27723 USD, 27705 USD, 27626 USD, 27605 USD, 27579 USD, 27493 USD, 27405 USD, 27384 USD, 27257 USD, 27249 USD, 26928 USD, 26753 USD, 26460 USD, 26419 USD, 26357 USD, 26265 USD, 26258 USD, 26115 USD, 26046 USD, 26017 USD, 25955 USD, 25939 USD, 25731 USD, 25726 USD, 25725 USD, 25594 USD, 25390 USD, 25185 USD, 25131 USD, 24953 USD, 24884 USD, 24786 USD, 24436 USD, 24240 USD, 24186 USD, 23774 USD, 23762 USD, 23541 USD, 23541 USD, 23350 USD, 23190 USD, 23095 USD, 22938 USD, 22886 USD, 22801 USD, 22634 USD, 22632 USD, 22618 USD, 22545 USD, 22462 USD, 22268 USD, 22157 USD, 22142 USD, 22093 USD, 21802 USD, 21627 USD, 21586 USD, 21391 USD, 21308 USD, 21288 USD, 21223 USD, 21042 USD, 21028 USD, 20905 USD, 20434 USD, 20382 USD, 20100 USD, 20042 USD, 19985 USD, 19875 USD, 19516 USD, 19373 USD, 19097 USD, 19091 USD, 19020 USD, 18992 USD, 18876 USD, 18815 USD, 18761 USD, 18582 USD, 18580 USD, 18290 USD, 18202 USD, 18061 USD, 17995 USD, 17767 USD, 17704 USD, 17514 USD, 17167 USD, 16808 USD, 16803 USD, 16740 USD, 16277 USD, 16049 USD, 15952 USD, 15851 USD, 15717 USD, 15657 USD, 15475 USD, 14883 USD, 14870 USD, 14709 USD, 14624 USD, 14516 USD, 14420 USD, 13753 USD, 13501 USD, 12974 USD, 12568 USD, 12313 USD, 11714 USD, 11644 USD, 11620 USD, 11414 USD, 10773 USD, 10760 USD, 10702 USD, 10559 USD, 9354 USD, 9029 USD, 7006 USD, 6700 USD, 6558 USD, 5841 USD, 5786 USD, 5325 USD, 5148 USD, 4428 USD, 4412 USD, 4050 USD, 2846 USD, 14 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([3839439 USD, 3315604 USD, 2942492 USD, 2340480 USD, 2019046 USD, 1999997 USD, 1220039 USD, 1135598 USD, 1031688 USD, 973529 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": {
"mir_filed": "10520024 USD",
"mix_bonds": "0.138928920674886162299369853091",
"mix_other": "0.312640873310650928057995236972",
"mix_stock": "0.338319212937344554673967976694",
"mix_savings": "0.0744715241851545258809908280606",
"payout_rate": "0.0953339885600065437116181346933",
"stock_count": "713",
"excise_filed": "255964 USD",
"largest_stock": "3839439 USD",
"mir_difference": "0.5 USD",
"mir_recomputed": "10520023.5 USD",
"mix_government": "0.131043607507718357333229734318",
"payout_coverage": "1.83948360278161341391424810664",
"total_assets_fmv": "220336715 USD",
"excise_difference": "0.4901 USD",
"excise_recomputed": "255963.5099 USD",
"distributable_filed": "10904319 USD",
"stock_concentration": "0.0109620865238619385965597975202",
"top10_share_of_stock": "0.279269582866227560410379117104",
"net_investment_income": "18414641 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "10904319 USD",
"effective_stock_holdings": "91.2235091214825048844918227719",
"net_noncharitable_assets": "210400470 USD",
"qualifying_distributions": "20058316 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.0174253255976880657406551604439",
"largest_stock_halved_share_of_assets": "0.00871266279884403287032758022193"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "3839439",
"name": "APPLE INC",
"shareOfAssets": "0.0174253255976880657406551604439"
},
{
"fmv": "3315604",
"name": "NVIDIA CORP",
"shareOfAssets": "0.0150478961257092355216424098907"
},
{
"fmv": "2942492",
"name": "MICROSOFT CORP",
"shareOfAssets": "0.0133545242335123313425091229122"
},
{
"fmv": "2340480",
"name": "FLUIDFORM BIO INC",
"shareOfAssets": "0.0106222878016493982857101232539"
},
{
"fmv": "2019046",
"name": "AMAZON.COM INC",
"shareOfAssets": "0.0091634569390761771137415750253"
},
{
"fmv": "1999997",
"name": "RENATA MEDICAL INC",
"shareOfAssets": "0.00907700289531864900500127724969"
},
{
"fmv": "1220039",
"name": "ALPHABET INC CL A",
"shareOfAssets": "0.00553715707343644476137351870749"
},
{
"fmv": "1135598",
"name": "TESLA MOTORS INC",
"shareOfAssets": "0.00515392089784038034696124066296"
},
{
"fmv": "1031688",
"name": "BROADCOM INC",
"shareOfAssets": "0.0046823245050195107066019387645"
},
{
"fmv": "973529",
"name": "ALPHABET INC CL C",
"shareOfAssets": "0.00441836940339243961225436260135"
}
],
"count": 713,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "1559844119e2efb39be2a7143f0577c9027eced40670105f1f2a6897f18a9ede",
"otherInvestments": [
{
"fmv": "17497450",
"name": "EMERGING MARKETS PORTFOLIO FEEDER FUND LP",
"shareOfAssets": "0.079412321273828558259117187982"
},
{
"fmv": "5195233",
"name": "TACTICAL OPPORTUNITES PORTFOLIO 2020 LP",
"shareOfAssets": "0.0235786078593392844220265333447"
},
{
"fmv": "4526870",
"name": "PUBLIC EQUITY TAIL HEDGE PORTFOLIO LP",
"shareOfAssets": "0.0205452368662208656419335288719"
},
{
"fmv": "3709328",
"name": "GLIDE PATH SOLUTIONS 2020 LP",
"shareOfAssets": "0.0168348157500668919385495966934"
},
{
"fmv": "2512614",
"name": "CO-INVESTMENT PORTFOLIO 2020 LP",
"shareOfAssets": "0.0114035193816881585077639012636"
}
]
}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.