Sealed proof · filed Form 990-PF
CARGILL FOUNDATION
EIN 41-6020221, 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 17, 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 distributions0.99×
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 rate4.9%
of net noncharitable-use assets; the legal test is the distributable amount, not this rate
Assets at fair market value$307.3M
end of the tax year, Part II
Largest listed stock11.7%
STATE STREET S&P 500 INDEX
If that stock halved−5.8%
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
CARGILL 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/7cacb26ab095 — 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) | $13,212,289 | $13,212,288.85 | recomputes, within the form's whole-dollar rounding (difference $0.15) |
| Excise tax: 1.39% of net investment income (Part V line 1) | $88,531 | $88,531.1572 | recomputes, within the form's whole-dollar rounding (difference −$0.1572) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $13,123,758 | $13,123,758 | recomputes exactly |
Where the assets sit, at fair market value
| Part II line | Fair market value | Share of assets |
|---|---|---|
| Cash (line 1) | $818,921 | 0.3% |
| Savings and temporary cash investments (line 2) | $5.6M | 1.8% |
| Corporate stock (line 10b) | $198.5M | 64.6% |
| Other investments (line 13) | $31.5M | 10.2% |
The ten largest listed stocks, of 452 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 18.5 equal holdings; the ten largest are 57.3% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| STATE STREET S&P 500 INDEX | $35.9M | 11.7% |
| MSCI EAFE INDX NL CTF ECTF | $13.9M | 4.5% |
| EMERGING MARKETS EQUITY FOCUS | $12.8M | 4.2% |
| GLDMN SCHS CORE FXD INC-INST | $12.6M | 4.1% |
| RBC BLUEBAY HI YLD BND-I | $8.5M | 2.8% |
| BOSTON TR WALDEN SM CAP | $8.2M | 2.7% |
| ACADIAN INTERNATIONAL SMALL | $6.7M | 2.2% |
| PACIFIC ASSET MANAGEMENT BANK | $6.6M | 2.1% |
| CTF EMERGING LCL DBT | $4.5M | 1.5% |
| LOOMIS NEW HAMPSHIRE | $4.1M | 1.3% |
Largest other investments (line 13), as listed
| APTITUDE ALTERNATIVE EQUITY | $17.9M | 5.8% |
| PRIVATE CR MGRS IV | $4.7M | 1.5% |
| TACTICAL TRADING MANAGERS | $4.7M | 1.5% |
| IMPRINT OPPS | $2.2M | 0.7% |
| E & F PRIVATE EQUITY MANAGERS | $1.1M | 0.3% |
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 $13,212,289; recomputed $13,212,288.85; agrees within the form's whole-dollar rounding. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $88,531; recomputed $88,531.15; 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 $13,123,758; recomputed $13,123,758; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $13,000,000 against a distributable amount of $13,123,758 (0.99×). |
| 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 | 452 listed holdings sum to Part II line 10b exactly; the largest is 11.7% 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 17 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. | $88,531 | Projected under the assumptions below |
| December 31, 2026 | Distributable amount for the year ending 31 December 2025, to be paid out | $13,123,757 | 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 $10,569,831, $2,642,457 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, $264245777; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $6369148.
- 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)
3d1dce15f1b2e9ce…· 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
7cacb26ab09525c0146c4b151ffa742535f8ff0ee2387e05f410fa1033c22c46 · recomputed now, matchesreturn Form 990-PF, IRS object
202513219349105086, schema 2024v5.2 — the file as the IRS published it hashes to 369050bbac3b4b91…source file
202513219349105086_public.xml inside 2025_TEOS_XML_11D.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py 7cacb26ab095 --fetcharithmetic
kernel@2026-09-15.1 · kernel proof 4cf1fc16db0f2807…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 = 307345903 USD let mix_cash = share(818921 USD, total_assets_fmv) let mix_savings = share(5610153 USD, total_assets_fmv) let mix_stock = share(198533520 USD, total_assets_fmv) let mix_other = share(31493638 USD, total_assets_fmv) let net_noncharitable_assets = 264245777 USD let mir_filed = 13212289 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 6369148 USD let excise_filed = 88531 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 13123758 USD let distributable_recomputed = 13212289 USD - 88531 USD + 0 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 13000000 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 = [35859609 USD, 13935167 USD, 12837078 USD, 12573322 USD, 8486089 USD, 8214857 USD, 6692790 USD, 6595854 USD, 4499345 USD, 4100000 USD, 3362496 USD, 2699498 USD, 2311376 USD, 2286932 USD, 2281580 USD, 1603126 USD, 1388111 USD, 1166058 USD, 1165050 USD, 1091594 USD, 1090338 USD, 1012000 USD, 999300 USD, 960946 USD, 931533 USD, 917566 USD, 888616 USD, 791427 USD, 765422 USD, 760640 USD, 751423 USD, 748498 USD, 727266 USD, 668067 USD, 664918 USD, 650133 USD, 647356 USD, 626089 USD, 620809 USD, 616146 USD, 586545 USD, 577230 USD, 563363 USD, 553829 USD, 546712 USD, 534224 USD, 498229 USD, 494484 USD, 479408 USD, 463174 USD, 456379 USD, 456339 USD, 455652 USD, 450866 USD, 450137 USD, 449185 USD, 429257 USD, 428685 USD, 413547 USD, 412425 USD, 410082 USD, 403012 USD, 395372 USD, 391447 USD, 387267 USD, 386367 USD, 386198 USD, 378604 USD, 378013 USD, 377698 USD, 373797 USD, 366462 USD, 365428 USD, 357366 USD, 345794 USD, 342440 USD, 341721 USD, 341017 USD, 340399 USD, 339156 USD, 322375 USD, 319704 USD, 317956 USD, 316261 USD, 314082 USD, 311413 USD, 310904 USD, 309694 USD, 304134 USD, 301587 USD, 297424 USD, 288158 USD, 285415 USD, 284255 USD, 278987 USD, 276992 USD, 273680 USD, 272833 USD, 272319 USD, 269116 USD, 256785 USD, 255636 USD, 254302 USD, 248375 USD, 238801 USD, 235915 USD, 229104 USD, 227580 USD, 222115 USD, 221232 USD, 221199 USD, 220487 USD, 217728 USD, 216483 USD, 214755 USD, 214186 USD, 214030 USD, 212180 USD, 211453 USD, 206207 USD, 206204 USD, 204891 USD, 192824 USD, 191952 USD, 189341 USD, 188170 USD, 187177 USD, 187074 USD, 185213 USD, 184790 USD, 177973 USD, 176292 USD, 175356 USD, 174967 USD, 174507 USD, 170836 USD, 169989 USD, 167573 USD, 166946 USD, 164593 USD, 162330 USD, 162096 USD, 161280 USD, 159284 USD, 158331 USD, 157369 USD, 156879 USD, 154637 USD, 154596 USD, 154021 USD, 154007 USD, 150058 USD, 148250 USD, 147866 USD, 147494 USD, 147474 USD, 147378 USD, 146646 USD, 146564 USD, 143259 USD, 141351 USD, 139509 USD, 136658 USD, 134321 USD, 132931 USD, 132851 USD, 131532 USD, 131394 USD, 130467 USD, 129033 USD, 126555 USD, 125741 USD, 125051 USD, 124663 USD, 124465 USD, 124369 USD, 124151 USD, 122991 USD, 122385 USD, 120562 USD, 120222 USD, 120027 USD, 118916 USD, 116113 USD, 115380 USD, 115221 USD, 114367 USD, 114165 USD, 113525 USD, 111351 USD, 108198 USD, 106878 USD, 106172 USD, 106081 USD, 105771 USD, 105183 USD, 101746 USD, 101320 USD, 100731 USD, 98943 USD, 97976 USD, 97012 USD, 96933 USD, 96248 USD, 95917 USD, 93405 USD, 92867 USD, 91170 USD, 91036 USD, 90820 USD, 90615 USD, 90213 USD, 90039 USD, 89371 USD, 88586 USD, 87434 USD, 86617 USD, 86297 USD, 84887 USD, 84869 USD, 83149 USD, 82332 USD, 81880 USD, 81874 USD, 80932 USD, 80375 USD, 80120 USD, 78149 USD, 77006 USD, 75345 USD, 75308 USD, 74484 USD, 73260 USD, 71148 USD, 70915 USD, 70153 USD, 69827 USD, 69131 USD, 69002 USD, 68815 USD, 67650 USD, 66670 USD, 66435 USD, 66047 USD, 65689 USD, 63667 USD, 63187 USD, 62853 USD, 62563 USD, 62548 USD, 62412 USD, 61723 USD, 60824 USD, 60371 USD, 59607 USD, 59366 USD, 59187 USD, 59131 USD, 58759 USD, 58543 USD, 58188 USD, 57407 USD, 57240 USD, 57133 USD, 56844 USD, 56423 USD, 56224 USD, 56210 USD, 56166 USD, 55537 USD, 55358 USD, 55202 USD, 54008 USD, 53789 USD, 53597 USD, 53570 USD, 53425 USD, 53225 USD, 53178 USD, 52781 USD, 52612 USD, 52269 USD, 52149 USD, 52078 USD, 51662 USD, 51557 USD, 51232 USD, 51082 USD, 50536 USD, 50257 USD, 49665 USD, 49204 USD, 48526 USD, 48387 USD, 48063 USD, 48062 USD, 46866 USD, 46693 USD, 46267 USD, 46166 USD, 46165 USD, 45624 USD, 45577 USD, 45390 USD, 45205 USD, 45091 USD, 44161 USD, 44003 USD, 43034 USD, 42851 USD, 42395 USD, 42161 USD, 42094 USD, 41687 USD, 40839 USD, 39533 USD, 39356 USD, 39123 USD, 39072 USD, 38642 USD, 38332 USD, 37689 USD, 37235 USD, 37081 USD, 37039 USD, 36908 USD, 36791 USD, 36551 USD, 35881 USD, 35653 USD, 34496 USD, 33549 USD, 33505 USD, 33348 USD, 33113 USD, 32995 USD, 32328 USD, 31918 USD, 31707 USD, 31174 USD, 31158 USD, 30873 USD, 30536 USD, 30275 USD, 30131 USD, 29996 USD, 29825 USD, 29322 USD, 29321 USD, 29222 USD, 29209 USD, 28886 USD, 28564 USD, 27889 USD, 27761 USD, 27055 USD, 26851 USD, 26618 USD, 26565 USD, 26241 USD, 25996 USD, 25725 USD, 25668 USD, 25639 USD, 25197 USD, 25007 USD, 24985 USD, 24967 USD, 24854 USD, 24824 USD, 24743 USD, 24696 USD, 24655 USD, 24433 USD, 24416 USD, 24320 USD, 24300 USD, 24247 USD, 23568 USD, 23554 USD, 23429 USD, 23266 USD, 22934 USD, 22750 USD, 22670 USD, 22540 USD, 22269 USD, 22233 USD, 21975 USD, 21889 USD, 21865 USD, 21807 USD, 21693 USD, 21594 USD, 21166 USD, 21164 USD, 21143 USD, 21000 USD, 20846 USD, 20833 USD, 20702 USD, 20612 USD, 20531 USD, 20330 USD, 20189 USD, 20117 USD, 19878 USD, 19632 USD, 19536 USD, 19477 USD, 19438 USD, 19368 USD, 19251 USD, 19047 USD, 18576 USD, 17950 USD, 17856 USD, 17419 USD, 17238 USD, 17193 USD, 17070 USD, 16917 USD, 16681 USD, 16659 USD, 16403 USD, 16307 USD, 16226 USD, 15962 USD, 15949 USD, 15525 USD, 15187 USD … (6726 characters; the full program is in the body below)
{
"mix": [
{
"fmv": "818921",
"line": "cash",
"label": "Cash (line 1)",
"share": "0.00266449297682682954130675364819"
},
{
"fmv": "5610153",
"line": "savings",
"label": "Savings and temporary cash investments (line 2)",
"share": "0.0182535473719979927632222252203"
},
{
"fmv": "198533520",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.645961172939403067299062060378"
},
{
"fmv": "31493638",
"line": "other",
"label": "Other investments (line 13)",
"share": "0.102469685434524890998791026669"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "416020221",
"name": "CARGILL 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": "13212289",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "rounding",
"difference": "0.15",
"recomputed": "13212288.85"
},
{
"id": "excise_tax",
"note": null,
"filed": "88531",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "-0.1572",
"recomputed": "88531.1572"
},
{
"id": "distributable_amount",
"note": null,
"filed": "13123758",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "13123758"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "6369148",
"grossInvestmentIncome": "8029145",
"netNoncharitableAssets": "264245777",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2024-12-31",
"days": 366,
"begin": "2024-01-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202513219349105086",
"returnTs": "2025-11-17T14:02:44-06:00",
"operating": false,
"sourceSha256": "369050bbac3b4b9146d618f988da28bda9001e7ce88b25a010847676097acd82",
"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 = 307345903 USD\nlet mix_cash = share(818921 USD, total_assets_fmv)\nlet mix_savings = share(5610153 USD, total_assets_fmv)\nlet mix_stock = share(198533520 USD, total_assets_fmv)\nlet mix_other = share(31493638 USD, total_assets_fmv)\nlet net_noncharitable_assets = 264245777 USD\nlet mir_filed = 13212289 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 6369148 USD\nlet excise_filed = 88531 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 13123758 USD\nlet distributable_recomputed = 13212289 USD - 88531 USD + 0 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 13000000 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 = [35859609 USD, 13935167 USD, 12837078 USD, 12573322 USD, 8486089 USD, 8214857 USD, 6692790 USD, 6595854 USD, 4499345 USD, 4100000 USD, 3362496 USD, 2699498 USD, 2311376 USD, 2286932 USD, 2281580 USD, 1603126 USD, 1388111 USD, 1166058 USD, 1165050 USD, 1091594 USD, 1090338 USD, 1012000 USD, 999300 USD, 960946 USD, 931533 USD, 917566 USD, 888616 USD, 791427 USD, 765422 USD, 760640 USD, 751423 USD, 748498 USD, 727266 USD, 668067 USD, 664918 USD, 650133 USD, 647356 USD, 626089 USD, 620809 USD, 616146 USD, 586545 USD, 577230 USD, 563363 USD, 553829 USD, 546712 USD, 534224 USD, 498229 USD, 494484 USD, 479408 USD, 463174 USD, 456379 USD, 456339 USD, 455652 USD, 450866 USD, 450137 USD, 449185 USD, 429257 USD, 428685 USD, 413547 USD, 412425 USD, 410082 USD, 403012 USD, 395372 USD, 391447 USD, 387267 USD, 386367 USD, 386198 USD, 378604 USD, 378013 USD, 377698 USD, 373797 USD, 366462 USD, 365428 USD, 357366 USD, 345794 USD, 342440 USD, 341721 USD, 341017 USD, 340399 USD, 339156 USD, 322375 USD, 319704 USD, 317956 USD, 316261 USD, 314082 USD, 311413 USD, 310904 USD, 309694 USD, 304134 USD, 301587 USD, 297424 USD, 288158 USD, 285415 USD, 284255 USD, 278987 USD, 276992 USD, 273680 USD, 272833 USD, 272319 USD, 269116 USD, 256785 USD, 255636 USD, 254302 USD, 248375 USD, 238801 USD, 235915 USD, 229104 USD, 227580 USD, 222115 USD, 221232 USD, 221199 USD, 220487 USD, 217728 USD, 216483 USD, 214755 USD, 214186 USD, 214030 USD, 212180 USD, 211453 USD, 206207 USD, 206204 USD, 204891 USD, 192824 USD, 191952 USD, 189341 USD, 188170 USD, 187177 USD, 187074 USD, 185213 USD, 184790 USD, 177973 USD, 176292 USD, 175356 USD, 174967 USD, 174507 USD, 170836 USD, 169989 USD, 167573 USD, 166946 USD, 164593 USD, 162330 USD, 162096 USD, 161280 USD, 159284 USD, 158331 USD, 157369 USD, 156879 USD, 154637 USD, 154596 USD, 154021 USD, 154007 USD, 150058 USD, 148250 USD, 147866 USD, 147494 USD, 147474 USD, 147378 USD, 146646 USD, 146564 USD, 143259 USD, 141351 USD, 139509 USD, 136658 USD, 134321 USD, 132931 USD, 132851 USD, 131532 USD, 131394 USD, 130467 USD, 129033 USD, 126555 USD, 125741 USD, 125051 USD, 124663 USD, 124465 USD, 124369 USD, 124151 USD, 122991 USD, 122385 USD, 120562 USD, 120222 USD, 120027 USD, 118916 USD, 116113 USD, 115380 USD, 115221 USD, 114367 USD, 114165 USD, 113525 USD, 111351 USD, 108198 USD, 106878 USD, 106172 USD, 106081 USD, 105771 USD, 105183 USD, 101746 USD, 101320 USD, 100731 USD, 98943 USD, 97976 USD, 97012 USD, 96933 USD, 96248 USD, 95917 USD, 93405 USD, 92867 USD, 91170 USD, 91036 USD, 90820 USD, 90615 USD, 90213 USD, 90039 USD, 89371 USD, 88586 USD, 87434 USD, 86617 USD, 86297 USD, 84887 USD, 84869 USD, 83149 USD, 82332 USD, 81880 USD, 81874 USD, 80932 USD, 80375 USD, 80120 USD, 78149 USD, 77006 USD, 75345 USD, 75308 USD, 74484 USD, 73260 USD, 71148 USD, 70915 USD, 70153 USD, 69827 USD, 69131 USD, 69002 USD, 68815 USD, 67650 USD, 66670 USD, 66435 USD, 66047 USD, 65689 USD, 63667 USD, 63187 USD, 62853 USD, 62563 USD, 62548 USD, 62412 USD, 61723 USD, 60824 USD, 60371 USD, 59607 USD, 59366 USD, 59187 USD, 59131 USD, 58759 USD, 58543 USD, 58188 USD, 57407 USD, 57240 USD, 57133 USD, 56844 USD, 56423 USD, 56224 USD, 56210 USD, 56166 USD, 55537 USD, 55358 USD, 55202 USD, 54008 USD, 53789 USD, 53597 USD, 53570 USD, 53425 USD, 53225 USD, 53178 USD, 52781 USD, 52612 USD, 52269 USD, 52149 USD, 52078 USD, 51662 USD, 51557 USD, 51232 USD, 51082 USD, 50536 USD, 50257 USD, 49665 USD, 49204 USD, 48526 USD, 48387 USD, 48063 USD, 48062 USD, 46866 USD, 46693 USD, 46267 USD, 46166 USD, 46165 USD, 45624 USD, 45577 USD, 45390 USD, 45205 USD, 45091 USD, 44161 USD, 44003 USD, 43034 USD, 42851 USD, 42395 USD, 42161 USD, 42094 USD, 41687 USD, 40839 USD, 39533 USD, 39356 USD, 39123 USD, 39072 USD, 38642 USD, 38332 USD, 37689 USD, 37235 USD, 37081 USD, 37039 USD, 36908 USD, 36791 USD, 36551 USD, 35881 USD, 35653 USD, 34496 USD, 33549 USD, 33505 USD, 33348 USD, 33113 USD, 32995 USD, 32328 USD, 31918 USD, 31707 USD, 31174 USD, 31158 USD, 30873 USD, 30536 USD, 30275 USD, 30131 USD, 29996 USD, 29825 USD, 29322 USD, 29321 USD, 29222 USD, 29209 USD, 28886 USD, 28564 USD, 27889 USD, 27761 USD, 27055 USD, 26851 USD, 26618 USD, 26565 USD, 26241 USD, 25996 USD, 25725 USD, 25668 USD, 25639 USD, 25197 USD, 25007 USD, 24985 USD, 24967 USD, 24854 USD, 24824 USD, 24743 USD, 24696 USD, 24655 USD, 24433 USD, 24416 USD, 24320 USD, 24300 USD, 24247 USD, 23568 USD, 23554 USD, 23429 USD, 23266 USD, 22934 USD, 22750 USD, 22670 USD, 22540 USD, 22269 USD, 22233 USD, 21975 USD, 21889 USD, 21865 USD, 21807 USD, 21693 USD, 21594 USD, 21166 USD, 21164 USD, 21143 USD, 21000 USD, 20846 USD, 20833 USD, 20702 USD, 20612 USD, 20531 USD, 20330 USD, 20189 USD, 20117 USD, 19878 USD, 19632 USD, 19536 USD, 19477 USD, 19438 USD, 19368 USD, 19251 USD, 19047 USD, 18576 USD, 17950 USD, 17856 USD, 17419 USD, 17238 USD, 17193 USD, 17070 USD, 16917 USD, 16681 USD, 16659 USD, 16403 USD, 16307 USD, 16226 USD, 15962 USD, 15949 USD, 15525 USD, 15187 USD, 15032 USD, 15024 USD, 14757 USD, 14481 USD, 14093 USD, 13416 USD, 12909 USD, 12872 USD, 12736 USD, 11991 USD, 9851 USD, 8942 USD, 7301 USD, 7092 USD, 4761 USD, 4472 USD, 3748 USD, 2227 USD, 1978 USD, 631 USD, 585 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([35859609 USD, 13935167 USD, 12837078 USD, 12573322 USD, 8486089 USD, 8214857 USD, 6692790 USD, 6595854 USD, 4499345 USD, 4100000 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": "0.00266449297682682954130675364819",
"mir_filed": "13212289 USD",
"mix_other": "0.102469685434524890998791026669",
"mix_stock": "0.645961172939403067299062060378",
"mix_savings": "0.0182535473719979927632222252203",
"payout_rate": "0.0491966234904105960414269931739",
"stock_count": "452",
"excise_filed": "88531 USD",
"largest_stock": "35859609 USD",
"mir_difference": "0.15 USD",
"mir_recomputed": "13212288.85 USD",
"payout_coverage": "0.990569926693253563499113592311",
"total_assets_fmv": "307345903 USD",
"excise_difference": "-0.1572 USD",
"excise_recomputed": "88531.1572 USD",
"distributable_filed": "13123758 USD",
"stock_concentration": "0.0541963558775946825972643035305",
"top10_share_of_stock": "0.573173290837738634765554955153",
"net_investment_income": "6369148 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "13123758 USD",
"effective_stock_holdings": "18.4514250784416676143217031079",
"net_noncharitable_assets": "264245777 USD",
"qualifying_distributions": "13000000 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.116675083838680615176445023248",
"largest_stock_halved_share_of_assets": "0.058337541919340307588222511624"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "35859609",
"name": "STATE STREET S&P 500 INDEX",
"shareOfAssets": "0.116675083838680615176445023248"
},
{
"fmv": "13935167",
"name": "MSCI EAFE INDX NL CTF ECTF",
"shareOfAssets": "0.0453403375935029138813670797492"
},
{
"fmv": "12837078",
"name": "EMERGING MARKETS EQUITY FOCUS",
"shareOfAssets": "0.0417675260177455497104836956294"
},
{
"fmv": "12573322",
"name": "GLDMN SCHS CORE FXD INC-INST",
"shareOfAssets": "0.0409093528733324289668504219495"
},
{
"fmv": "8486089",
"name": "RBC BLUEBAY HI YLD BND-I",
"shareOfAssets": "0.0276108739930071558494143974322"
},
{
"fmv": "8214857",
"name": "BOSTON TR WALDEN SM CAP",
"shareOfAssets": "0.0267283764638307216999082626457"
},
{
"fmv": "6692790",
"name": "ACADIAN INTERNATIONAL SMALL",
"shareOfAssets": "0.0217760833467170050417102843242"
},
{
"fmv": "6595854",
"name": "PACIFIC ASSET MANAGEMENT BANK",
"shareOfAssets": "0.021460686267875840206010489751"
},
{
"fmv": "4499345",
"name": "CTF EMERGING LCL DBT",
"shareOfAssets": "0.0146393524562453659907742450043"
},
{
"fmv": "4100000",
"name": "LOOMIS NEW HAMPSHIRE",
"shareOfAssets": "0.0133400183961456613267429824825"
}
],
"count": 452,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "4cf1fc16db0f2807fd39c3b8341fe0d09f3283c470be047eba50662b9bf0c8f7",
"otherInvestments": [
{
"fmv": "17921531",
"name": "APTITUDE ALTERNATIVE EQUITY",
"shareOfAssets": "0.058310622738315792678713534047"
},
{
"fmv": "4720163",
"name": "PRIVATE CR MGRS IV",
"shareOfAssets": "0.015357819817757583708542228396"
},
{
"fmv": "4676211",
"name": "TACTICAL TRADING MANAGERS",
"shareOfAssets": "0.0152148148205509022191195436238"
},
{
"fmv": "2240337",
"name": "IMPRINT OPPS",
"shareOfAssets": "0.00728930165696726401457838857217"
},
{
"fmv": "1060255",
"name": "E & F PRIVATE EQUITY MANAGERS",
"shareOfAssets": "0.00344971248892815076828923924195"
}
]
}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.