Sealed proof · filed Form 990-PF
THE CALIFORNIA WELLNESS FOUNDATION
EIN 95-4292101, 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 10, 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 distributions1.34×
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 rate6.7%
of net noncharitable-use assets; the legal test is the distributable amount, not this rate
Assets at fair market value$1.05B
end of the tax year, Part II
Largest listed stock3.2%
689,305 UNITS CF BOSTON COMMON INTERNATIONAL SOCIAL FUND
If that stock halved−1.6%
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 CALIFORNIA WELLNESS 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/8549a9dea578 — 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) | $50,893,170 | $50,893,170.1 | recomputes, within the form's whole-dollar rounding (difference −$0.1) |
| Excise tax: 1.39% of net investment income (Part V line 1) | $511,580 | $511,579.5615 | recomputes, within the form's whole-dollar rounding (difference $0.4385) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $50,981,294 | $50,981,294 | recomputes exactly |
Where the assets sit, at fair market value
| Part II line | Fair market value | Share of assets |
|---|---|---|
| Cash (line 1) | $706,763 | 0.1% |
| Savings and temporary cash investments (line 2) | $11.4M | 1.1% |
| U.S. and state government obligations (line 10a) | $35.8M | 3.4% |
| Corporate stock (line 10b) | $305.6M | 29.1% |
| Corporate bonds (line 10c) | $22.7M | 2.2% |
| Other investments (line 13) | $647.6M | 61.7% |
The ten largest listed stocks, of 974 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 29.4 equal holdings; the ten largest are 46.2% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| 689,305 UNITS CF BOSTON COMMON INTERNATIONAL SOCIAL FUND | $33.5M | 3.2% |
| 4,216,574 UNITS MFO RBC FDS TR BLUEBAY ACCESS CAP COMMUNITY INVT FD CL I | $32.9M | 3.1% |
| GLOBAL DELTA EMERGING MARKETS FUND, LP | $17.8M | 1.7% |
| 57,109 UNITS APPLE INC COM STK | $13.1M | 1.2% |
| 28,598 UNITS MICROSOFT CORP COM | $11.7M | 1.1% |
| 9,401 UNITS NVIDIA CORP COM | $11.6M | 1.1% |
| 33,719 UNITS AMAZON COM INC COM | $7M | 0.7% |
| META PLATFORMS INC COM USD0.000006 CL 'A | $4.8M | 0.5% |
| ALPHABET INC CAP STK USD0.001 CL C | $4.5M | 0.4% |
| BROADCOM INC COM | $4.3M | 0.4% |
Largest other investments (line 13), as listed
| GENERATION IM GLOBAL EQUITY FUND LLC | $125.9M | 12.0% |
| OWNERSHIP CAPITAL GLOBAL EQUITY FUND LP | $59.9M | 5.7% |
| GENERATION IM ASIA FUND LP | $24.5M | 2.3% |
| HARBOURVEST 2017 GLOBAL FUND, LP | $24.2M | 2.3% |
| HARBOURVEST 2016 GLOBAL FUND, LP | $23.3M | 2.2% |
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 $50,893,170; recomputed $50,893,170.1; agrees within the form's whole-dollar rounding. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $511,580; recomputed $511,579.56; 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 $50,981,294; recomputed $50,981,294; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $68,520,496 against a distributable amount of $50,981,294 (1.34×). |
| 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 | 974 listed holdings sum to Part II line 10b exactly; the largest is 3.2% 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 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. | $511,579 | Projected under the assumptions below |
| December 31, 2026 | Distributable amount for the year ending 31 December 2025, to be paid out | $50,381,590 | 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 $40,714,536, $10,178,634 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, $1017863402; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $36804285.
- 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)
a66143f7a68bab05…· 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
8549a9dea578fe94e28edc7561a6fb600e7722c760e263b65f243154392ad502 · recomputed now, matchesreturn Form 990-PF, IRS object
202543149349100749, schema 2024v5.2 — the file as the IRS published it hashes to 089c1fa4937b88a6…source file
202543149349100749_public.xml inside 2025_TEOS_XML_11B.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py 8549a9dea578 --fetcharithmetic
kernel@2026-09-15.1 · kernel proof 9102e62e74e2868b…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 = 1049009252 USD let mix_cash = share(706763 USD, total_assets_fmv) let mix_savings = share(11408335 USD, total_assets_fmv) let mix_government = share(35822647 USD, total_assets_fmv) let mix_stock = share(305572056 USD, total_assets_fmv) let mix_bonds = share(22674554 USD, total_assets_fmv) let mix_other = share(647602570 USD, total_assets_fmv) let net_noncharitable_assets = 1017863402 USD let mir_filed = 50893170 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 36804285 USD let excise_filed = 511580 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 50981294 USD let distributable_recomputed = 50893170 USD - 511580 USD + 599704 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 68520496 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 = [33490142 USD, 32900481 USD, 17820076 USD, 13108467 USD, 11656583 USD, 11591644 USD, 7031888 USD, 4842168 USD, 4470008 USD, 4335408 USD, 3456063 USD, 3167746 USD, 2758356 USD, 2298875 USD, 2170645 USD, 2053096 USD, 1627550 USD, 1617809 USD, 1378108 USD, 1349048 USD, 1143869 USD, 1046215 USD, 1029861 USD, 1018912 USD, 953877 USD, 933350 USD, 929754 USD, 923347 USD, 894316 USD, 886984 USD, 883803 USD, 878972 USD, 865185 USD, 862505 USD, 846524 USD, 846063 USD, 840001 USD, 817560 USD, 812651 USD, 792382 USD, 778662 USD, 771193 USD, 768707 USD, 743261 USD, 735072 USD, 710630 USD, 709886 USD, 706775 USD, 684810 USD, 682584 USD, 680966 USD, 676653 USD, 665695 USD, 659940 USD, 642484 USD, 642065 USD, 622947 USD, 622219 USD, 616561 USD, 609701 USD, 602917 USD, 596625 USD, 595684 USD, 592286 USD, 585352 USD, 585157 USD, 584676 USD, 582641 USD, 579682 USD, 579131 USD, 559821 USD, 551187 USD, 549407 USD, 537146 USD, 532718 USD, 528931 USD, 518514 USD, 517027 USD, 512532 USD, 512058 USD, 506772 USD, 503779 USD, 501477 USD, 498816 USD, 495255 USD, 491997 USD, 489872 USD, 475750 USD, 464656 USD, 462789 USD, 459533 USD, 457325 USD, 456425 USD, 454346 USD, 445877 USD, 438656 USD, 430572 USD, 429608 USD, 429356 USD, 423048 USD, 419828 USD, 417425 USD, 411799 USD, 410187 USD, 406362 USD, 403337 USD, 401258 USD, 398006 USD, 396653 USD, 386498 USD, 380920 USD, 380587 USD, 378420 USD, 372329 USD, 370264 USD, 369688 USD, 364001 USD, 363535 USD, 355034 USD, 354899 USD, 354766 USD, 352755 USD, 351768 USD, 350053 USD, 349418 USD, 346775 USD, 346503 USD, 346452 USD, 346373 USD, 341685 USD, 337885 USD, 334179 USD, 327402 USD, 326928 USD, 325912 USD, 325243 USD, 324251 USD, 323436 USD, 323147 USD, 322663 USD, 322554 USD, 320547 USD, 315780 USD, 314445 USD, 313617 USD, 312927 USD, 312272 USD, 309781 USD, 308358 USD, 306391 USD, 301197 USD, 296623 USD, 296564 USD, 294897 USD, 294891 USD, 292757 USD, 291921 USD, 291195 USD, 287934 USD, 287303 USD, 286211 USD, 285054 USD, 283624 USD, 281072 USD, 277646 USD, 275134 USD, 271046 USD, 270520 USD, 266195 USD, 264121 USD, 264003 USD, 263886 USD, 263034 USD, 261363 USD, 261126 USD, 260714 USD, 259080 USD, 250634 USD, 249508 USD, 249064 USD, 246128 USD, 244754 USD, 242235 USD, 242049 USD, 240099 USD, 238444 USD, 233899 USD, 228275 USD, 226928 USD, 226569 USD, 226226 USD, 225970 USD, 225510 USD, 219454 USD, 219086 USD, 217011 USD, 216230 USD, 214840 USD, 214765 USD, 213768 USD, 212397 USD, 211752 USD, 211195 USD, 210947 USD, 209642 USD, 208744 USD, 208305 USD, 207340 USD, 207124 USD, 207007 USD, 206886 USD, 205464 USD, 205003 USD, 204910 USD, 203220 USD, 202670 USD, 200965 USD, 200054 USD, 199391 USD, 199093 USD, 198614 USD, 198178 USD, 197981 USD, 197737 USD, 196924 USD, 195676 USD, 195197 USD, 195092 USD, 193753 USD, 193257 USD, 193099 USD, 189735 USD, 189615 USD, 189501 USD, 188943 USD, 188884 USD, 188338 USD, 186250 USD, 185834 USD, 185637 USD, 184637 USD, 184416 USD, 183705 USD, 182668 USD, 179674 USD, 179570 USD, 179070 USD, 179069 USD, 179062 USD, 177947 USD, 177928 USD, 177594 USD, 177045 USD, 176902 USD, 174695 USD, 174118 USD, 173990 USD, 173837 USD, 173783 USD, 173668 USD, 173491 USD, 172091 USD, 171227 USD, 171046 USD, 170150 USD, 168851 USD, 167346 USD, 167247 USD, 167212 USD, 165399 USD, 165163 USD, 164512 USD, 161777 USD, 161558 USD, 161445 USD, 160925 USD, 160302 USD, 158827 USD, 158708 USD, 158477 USD, 156978 USD, 156943 USD, 156722 USD, 155643 USD, 155577 USD, 155555 USD, 155191 USD, 154910 USD, 154797 USD, 153340 USD, 152351 USD, 151615 USD, 150399 USD, 150377 USD, 149552 USD, 147918 USD, 147771 USD, 147412 USD, 146364 USD, 145950 USD, 144907 USD, 144679 USD, 143472 USD, 143280 USD, 142353 USD, 142204 USD, 142175 USD, 141506 USD, 141471 USD, 141357 USD, 141057 USD, 140998 USD, 140663 USD, 139832 USD, 139580 USD, 139077 USD, 138927 USD, 138203 USD, 136772 USD, 135864 USD, 135048 USD, 134228 USD, 133592 USD, 132686 USD, 132129 USD, 131650 USD, 131423 USD, 131282 USD, 130808 USD, 130357 USD, 130052 USD, 129916 USD, 129853 USD, 129494 USD, 128998 USD, 128997 USD, 127829 USD, 127062 USD, 127001 USD, 126720 USD, 126688 USD, 126578 USD, 126555 USD, 126079 USD, 125491 USD, 125363 USD, 124839 USD, 124581 USD, 123978 USD, 123234 USD, 122732 USD, 122684 USD, 122488 USD, 122361 USD, 122086 USD, 121510 USD, 121279 USD, 121164 USD, 121036 USD, 120122 USD, 119151 USD, 118328 USD, 118083 USD, 117816 USD, 117260 USD, 115851 USD, 115775 USD, 115704 USD, 115550 USD, 114240 USD, 113358 USD, 113309 USD, 113155 USD, 112492 USD, 112035 USD, 111698 USD, 111405 USD, 111304 USD, 111241 USD, 111200 USD, 111076 USD, 110611 USD, 110368 USD, 110162 USD, 110057 USD, 109955 USD, 109862 USD, 109616 USD, 109325 USD, 108970 USD, 108755 USD, 108463 USD, 108274 USD, 107673 USD, 107577 USD, 107122 USD, 107120 USD, 106806 USD, 106183 USD, 106096 USD, 105085 US … (12804 characters; the full program is in the body below)
{
"mix": [
{
"fmv": "706763",
"line": "cash",
"label": "Cash (line 1)",
"share": "0.00067374334273269116982011136733"
},
{
"fmv": "11408335",
"line": "savings",
"label": "Savings and temporary cash investments (line 2)",
"share": "0.0108753425942138401654440317558"
},
{
"fmv": "35822647",
"line": "government",
"label": "U.S. and state government obligations (line 10a)",
"share": "0.0341490286493679085301337265994"
},
{
"fmv": "305572056",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.291295863613603285931743145388"
},
{
"fmv": "22674554",
"line": "bonds",
"label": "Corporate bonds (line 10c)",
"share": "0.021615208785594199887952942478"
},
{
"fmv": "647602570",
"line": "other",
"label": "Other investments (line 13)",
"share": "0.617346862065616938905701853619"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "954292101",
"name": "THE CALIFORNIA WELLNESS 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": "50893170",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "rounding",
"difference": "-0.1",
"recomputed": "50893170.1"
},
{
"id": "excise_tax",
"note": null,
"filed": "511580",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "0.4385",
"recomputed": "511579.5615"
},
{
"id": "distributable_amount",
"note": null,
"filed": "50981294",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "50981294"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "36804285",
"grossInvestmentIncome": "40414492",
"netNoncharitableAssets": "1017863402",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2024-12-31",
"days": 366,
"begin": "2024-01-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202543149349100749",
"returnTs": "2025-11-10T14:05:30-06:00",
"operating": false,
"sourceSha256": "089c1fa4937b88a641b01e1eca574cb643c98da186a14e4950f768eba91696a7",
"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 = 1049009252 USD\nlet mix_cash = share(706763 USD, total_assets_fmv)\nlet mix_savings = share(11408335 USD, total_assets_fmv)\nlet mix_government = share(35822647 USD, total_assets_fmv)\nlet mix_stock = share(305572056 USD, total_assets_fmv)\nlet mix_bonds = share(22674554 USD, total_assets_fmv)\nlet mix_other = share(647602570 USD, total_assets_fmv)\nlet net_noncharitable_assets = 1017863402 USD\nlet mir_filed = 50893170 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 36804285 USD\nlet excise_filed = 511580 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 50981294 USD\nlet distributable_recomputed = 50893170 USD - 511580 USD + 599704 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 68520496 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 = [33490142 USD, 32900481 USD, 17820076 USD, 13108467 USD, 11656583 USD, 11591644 USD, 7031888 USD, 4842168 USD, 4470008 USD, 4335408 USD, 3456063 USD, 3167746 USD, 2758356 USD, 2298875 USD, 2170645 USD, 2053096 USD, 1627550 USD, 1617809 USD, 1378108 USD, 1349048 USD, 1143869 USD, 1046215 USD, 1029861 USD, 1018912 USD, 953877 USD, 933350 USD, 929754 USD, 923347 USD, 894316 USD, 886984 USD, 883803 USD, 878972 USD, 865185 USD, 862505 USD, 846524 USD, 846063 USD, 840001 USD, 817560 USD, 812651 USD, 792382 USD, 778662 USD, 771193 USD, 768707 USD, 743261 USD, 735072 USD, 710630 USD, 709886 USD, 706775 USD, 684810 USD, 682584 USD, 680966 USD, 676653 USD, 665695 USD, 659940 USD, 642484 USD, 642065 USD, 622947 USD, 622219 USD, 616561 USD, 609701 USD, 602917 USD, 596625 USD, 595684 USD, 592286 USD, 585352 USD, 585157 USD, 584676 USD, 582641 USD, 579682 USD, 579131 USD, 559821 USD, 551187 USD, 549407 USD, 537146 USD, 532718 USD, 528931 USD, 518514 USD, 517027 USD, 512532 USD, 512058 USD, 506772 USD, 503779 USD, 501477 USD, 498816 USD, 495255 USD, 491997 USD, 489872 USD, 475750 USD, 464656 USD, 462789 USD, 459533 USD, 457325 USD, 456425 USD, 454346 USD, 445877 USD, 438656 USD, 430572 USD, 429608 USD, 429356 USD, 423048 USD, 419828 USD, 417425 USD, 411799 USD, 410187 USD, 406362 USD, 403337 USD, 401258 USD, 398006 USD, 396653 USD, 386498 USD, 380920 USD, 380587 USD, 378420 USD, 372329 USD, 370264 USD, 369688 USD, 364001 USD, 363535 USD, 355034 USD, 354899 USD, 354766 USD, 352755 USD, 351768 USD, 350053 USD, 349418 USD, 346775 USD, 346503 USD, 346452 USD, 346373 USD, 341685 USD, 337885 USD, 334179 USD, 327402 USD, 326928 USD, 325912 USD, 325243 USD, 324251 USD, 323436 USD, 323147 USD, 322663 USD, 322554 USD, 320547 USD, 315780 USD, 314445 USD, 313617 USD, 312927 USD, 312272 USD, 309781 USD, 308358 USD, 306391 USD, 301197 USD, 296623 USD, 296564 USD, 294897 USD, 294891 USD, 292757 USD, 291921 USD, 291195 USD, 287934 USD, 287303 USD, 286211 USD, 285054 USD, 283624 USD, 281072 USD, 277646 USD, 275134 USD, 271046 USD, 270520 USD, 266195 USD, 264121 USD, 264003 USD, 263886 USD, 263034 USD, 261363 USD, 261126 USD, 260714 USD, 259080 USD, 250634 USD, 249508 USD, 249064 USD, 246128 USD, 244754 USD, 242235 USD, 242049 USD, 240099 USD, 238444 USD, 233899 USD, 228275 USD, 226928 USD, 226569 USD, 226226 USD, 225970 USD, 225510 USD, 219454 USD, 219086 USD, 217011 USD, 216230 USD, 214840 USD, 214765 USD, 213768 USD, 212397 USD, 211752 USD, 211195 USD, 210947 USD, 209642 USD, 208744 USD, 208305 USD, 207340 USD, 207124 USD, 207007 USD, 206886 USD, 205464 USD, 205003 USD, 204910 USD, 203220 USD, 202670 USD, 200965 USD, 200054 USD, 199391 USD, 199093 USD, 198614 USD, 198178 USD, 197981 USD, 197737 USD, 196924 USD, 195676 USD, 195197 USD, 195092 USD, 193753 USD, 193257 USD, 193099 USD, 189735 USD, 189615 USD, 189501 USD, 188943 USD, 188884 USD, 188338 USD, 186250 USD, 185834 USD, 185637 USD, 184637 USD, 184416 USD, 183705 USD, 182668 USD, 179674 USD, 179570 USD, 179070 USD, 179069 USD, 179062 USD, 177947 USD, 177928 USD, 177594 USD, 177045 USD, 176902 USD, 174695 USD, 174118 USD, 173990 USD, 173837 USD, 173783 USD, 173668 USD, 173491 USD, 172091 USD, 171227 USD, 171046 USD, 170150 USD, 168851 USD, 167346 USD, 167247 USD, 167212 USD, 165399 USD, 165163 USD, 164512 USD, 161777 USD, 161558 USD, 161445 USD, 160925 USD, 160302 USD, 158827 USD, 158708 USD, 158477 USD, 156978 USD, 156943 USD, 156722 USD, 155643 USD, 155577 USD, 155555 USD, 155191 USD, 154910 USD, 154797 USD, 153340 USD, 152351 USD, 151615 USD, 150399 USD, 150377 USD, 149552 USD, 147918 USD, 147771 USD, 147412 USD, 146364 USD, 145950 USD, 144907 USD, 144679 USD, 143472 USD, 143280 USD, 142353 USD, 142204 USD, 142175 USD, 141506 USD, 141471 USD, 141357 USD, 141057 USD, 140998 USD, 140663 USD, 139832 USD, 139580 USD, 139077 USD, 138927 USD, 138203 USD, 136772 USD, 135864 USD, 135048 USD, 134228 USD, 133592 USD, 132686 USD, 132129 USD, 131650 USD, 131423 USD, 131282 USD, 130808 USD, 130357 USD, 130052 USD, 129916 USD, 129853 USD, 129494 USD, 128998 USD, 128997 USD, 127829 USD, 127062 USD, 127001 USD, 126720 USD, 126688 USD, 126578 USD, 126555 USD, 126079 USD, 125491 USD, 125363 USD, 124839 USD, 124581 USD, 123978 USD, 123234 USD, 122732 USD, 122684 USD, 122488 USD, 122361 USD, 122086 USD, 121510 USD, 121279 USD, 121164 USD, 121036 USD, 120122 USD, 119151 USD, 118328 USD, 118083 USD, 117816 USD, 117260 USD, 115851 USD, 115775 USD, 115704 USD, 115550 USD, 114240 USD, 113358 USD, 113309 USD, 113155 USD, 112492 USD, 112035 USD, 111698 USD, 111405 USD, 111304 USD, 111241 USD, 111200 USD, 111076 USD, 110611 USD, 110368 USD, 110162 USD, 110057 USD, 109955 USD, 109862 USD, 109616 USD, 109325 USD, 108970 USD, 108755 USD, 108463 USD, 108274 USD, 107673 USD, 107577 USD, 107122 USD, 107120 USD, 106806 USD, 106183 USD, 106096 USD, 105085 USD, 104769 USD, 104721 USD, 104675 USD, 104179 USD, 104080 USD, 103744 USD, 103716 USD, 103646 USD, 103637 USD, 103588 USD, 103082 USD, 102969 USD, 102966 USD, 102543 USD, 102083 USD, 102050 USD, 101295 USD, 100983 USD, 100865 USD, 100474 USD, 100387 USD, 100125 USD, 99490 USD, 99111 USD, 98162 USD, 97986 USD, 97509 USD, 97182 USD, 96954 USD, 96202 USD, 96188 USD, 96090 USD, 96030 USD, 95926 USD, 95158 USD, 94912 USD, 94595 USD, 94358 USD, 94199 USD, 94134 USD, 93969 USD, 93916 USD, 93740 USD, 93480 USD, 93383 USD, 93365 USD, 93187 USD, 92859 USD, 92781 USD, 92665 USD, 92642 USD, 91902 USD, 91781 USD, 91605 USD, 91425 USD, 90963 USD, 90783 USD, 90611 USD, 90213 USD, 90198 USD, 89676 USD, 89573 USD, 89471 USD, 88814 USD, 88811 USD, 87967 USD, 87783 USD, 87595 USD, 87554 USD, 87353 USD, 87137 USD, 87048 USD, 86723 USD, 86712 USD, 86584 USD, 85850 USD, 84487 USD, 84437 USD, 84420 USD, 84289 USD, 84240 USD, 84219 USD, 84025 USD, 83562 USD, 83464 USD, 83460 USD, 83367 USD, 83283 USD, 82589 USD, 82329 USD, 82267 USD, 82122 USD, 82098 USD, 81893 USD, 81589 USD, 81406 USD, 80969 USD, 80605 USD, 80431 USD, 80162 USD, 79882 USD, 79347 USD, 79260 USD, 79136 USD, 78877 USD, 78823 USD, 78449 USD, 78352 USD, 78327 USD, 78193 USD, 78002 USD, 77785 USD, 77461 USD, 77103 USD, 77010 USD, 76938 USD, 76812 USD, 76036 USD, 75888 USD, 75303 USD, 74159 USD, 74018 USD, 73865 USD, 73841 USD, 73814 USD, 73786 USD, 73633 USD, 73621 USD, 73385 USD, 73288 USD, 73108 USD, 73083 USD, 73072 USD, 72956 USD, 72889 USD, 72794 USD, 72168 USD, 71920 USD, 71455 USD, 71180 USD, 71006 USD, 70995 USD, 70538 USD, 70339 USD, 70241 USD, 69943 USD, 69830 USD, 69625 USD, 69516 USD, 69210 USD, 69197 USD, 69124 USD, 69105 USD, 69079 USD, 69052 USD, 69015 USD, 68674 USD, 68263 USD, 67904 USD, 67862 USD, 67798 USD, 67759 USD, 67739 USD, 67612 USD, 67506 USD, 67393 USD, 66971 USD, 66933 USD, 66509 USD, 65976 USD, 65109 USD, 64959 USD, 64925 USD, 64784 USD, 64633 USD, 64436 USD, 64429 USD, 63814 USD, 63689 USD, 63585 USD, 63156 USD, 63148 USD, 62783 USD, 62596 USD, 62530 USD, 62525 USD, 62352 USD, 62287 USD, 62281 USD, 62130 USD, 61628 USD, 61516 USD, 61419 USD, 61350 USD, 61161 USD, 61007 USD, 60759 USD, 60608 USD, 60190 USD, 59957 USD, 59899 USD, 59832 USD, 59211 USD, 58710 USD, 58663 USD, 58654 USD, 58584 USD, 58403 USD, 58290 USD, 58157 USD, 58095 USD, 58073 USD, 57772 USD, 57660 USD, 57635 USD, 57505 USD, 57428 USD, 57424 USD, 57351 USD, 57068 USD, 56949 USD, 56589 USD, 56274 USD, 56254 USD, 56216 USD, 56203 USD, 56186 USD, 56147 USD, 56007 USD, 55395 USD, 55043 USD, 54910 USD, 54873 USD, 54789 USD, 54660 USD, 54644 USD, 54512 USD, 54465 USD, 53895 USD, 53846 USD, 53662 USD, 53570 USD, 53346 USD, 53094 USD, 52989 USD, 52933 USD, 52840 USD, 52702 USD, 52565 USD, 52457 USD, 52374 USD, 52078 USD, 51925 USD, 51509 USD, 51485 USD, 51109 USD, 50638 USD, 50623 USD, 50622 USD, 50372 USD, 50241 USD, 50179 USD, 50033 USD, 49842 USD, 49283 USD, 49116 USD, 49104 USD, 48895 USD, 48783 USD, 48732 USD, 48728 USD, 48556 USD, 48537 USD, 48070 USD, 47903 USD, 47814 USD, 47570 USD, 47432 USD, 47411 USD, 47234 USD, 47155 USD, 47022 USD, 46814 USD, 46785 USD, 46697 USD, 46354 USD, 46240 USD, 45965 USD, 45788 USD, 45773 USD, 45453 USD, 45161 USD, 45110 USD, 44715 USD, 44697 USD, 44666 USD, 44549 USD, 44523 USD, 44490 USD, 44447 USD, 44387 USD, 44324 USD, 44164 USD, 43823 USD, 43780 USD, 43678 USD, 43414 USD, 43325 USD, 43315 USD, 43080 USD, 43021 USD, 43013 USD, 42898 USD, 42761 USD, 42675 USD, 42615 USD, 42578 USD, 42469 USD, 42420 USD, 42292 USD, 42252 USD, 42224 USD, 42053 USD, 42049 USD, 41752 USD, 41659 USD, 41428 USD, 41191 USD, 40881 USD, 40859 USD, 40784 USD, 40778 USD, 40757 USD, 40720 USD, 40585 USD, 40493 USD, 40157 USD, 39803 USD, 39565 USD, 39290 USD, 39208 USD, 39197 USD, 39182 USD, 39160 USD, 39056 USD, 38818 USD, 38774 USD, 38542 USD, 38521 USD, 38496 USD, 38430 USD, 38339 USD, 38322 USD, 38246 USD, 38015 USD, 37950 USD, 37876 USD, 37708 USD, 37524 USD, 37477 USD, 37390 USD, 37282 USD, 37140 USD, 37057 USD, 37044 USD, 37036 USD, 36792 USD, 36691 USD, 36682 USD, 36619 USD, 36526 USD, 36460 USD, 36428 USD, 36297 USD, 36277 USD, 36267 USD, 36079 USD, 36061 USD, 35901 USD, 35880 USD, 35793 USD, 35450 USD, 35422 USD, 35370 USD, 35327 USD, 35321 USD, 35244 USD, 35126 USD, 34923 USD, 34835 USD, 34826 USD, 34793 USD, 34755 USD, 34706 USD, 34654 USD, 34560 USD, 34465 USD, 34312 USD, 34310 USD, 33959 USD, 33914 USD, 33887 USD, 33834 USD, 33793 USD, 33762 USD, 33757 USD, 33752 USD, 33740 USD, 33609 USD, 33322 USD, 33136 USD, 32982 USD, 32856 USD, 32781 USD, 32770 USD, 32716 USD, 32608 USD, 32549 USD, 32475 USD, 32276 USD, 32187 USD, 32151 USD, 32132 USD, 31895 USD, 31694 USD, 31411 USD, 31347 USD, 31284 USD, 30750 USD, 30729 USD, 30593 USD, 30589 USD, 30548 USD, 30497 USD, 30496 USD, 30467 USD, 30341 USD, 30324 USD, 30270 USD, 30259 USD, 30258 USD, 30186 USD, 29683 USD, 29503 USD, 29442 USD, 29400 USD, 29387 USD, 29381 USD, 29370 USD, 29238 USD, 29019 USD, 29000 USD, 28986 USD, 28985 USD, 28919 USD, 28907 USD, 28891 USD, 28828 USD, 28756 USD, 28541 USD, 28505 USD, 28357 USD, 28333 USD, 28294 USD, 28171 USD, 27991 USD, 27985 USD, 27794 USD, 27788 USD, 27671 USD, 27652 USD, 27524 USD, 27469 USD, 27456 USD, 27449 USD, 27405 USD, 27002 USD, 26749 USD, 26674 USD, 26495 USD, 26410 USD, 26275 USD, 26004 USD, 25930 USD, 25831 USD, 25779 USD, 25679 USD, 25575 USD, 25491 USD, 25433 USD, 25415 USD, 25329 USD, 25308 USD, 25141 USD, 25070 USD, 24870 USD, 24814 USD, 24576 USD, 24564 USD, 24559 USD, 24550 USD, 24436 USD, 24397 USD, 24387 USD, 23800 USD, 23779 USD, 23139 USD, 23075 USD, 23002 USD, 22992 USD, 22958 USD, 22271 USD, 22153 USD, 22139 USD, 21868 USD, 21488 USD, 21314 USD, 20840 USD, 20801 USD, 20405 USD, 19541 USD, 19498 USD, 19377 USD, 19312 USD, 19146 USD, 19120 USD, 18533 USD, 17750 USD, 17313 USD, 16708 USD, 15950 USD, 15810 USD, 15790 USD, 14503 USD, 13187 USD, 12935 USD, 12890 USD, 12423 USD, 12352 USD, 12274 USD, 11613 USD, 10167 USD, 10007 USD, 9943 USD, 9341 USD, 8709 USD, 7826 USD, 7744 USD, 6851 USD, 6814 USD, 6813 USD, 6168 USD, 6133 USD, 5859 USD, 5749 USD, 5375 USD, 5261 USD, 4800 USD, 4705 USD, 4571 USD, 4521 USD, 4457 USD, 4347 USD, 4276 USD, 4106 USD, 3770 USD, 3420 USD, 3298 USD, 1876 USD, 1852 USD, 1362 USD, 716 USD, 433 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([33490142 USD, 32900481 USD, 17820076 USD, 13108467 USD, 11656583 USD, 11591644 USD, 7031888 USD, 4842168 USD, 4470008 USD, 4335408 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": "0.00067374334273269116982011136733",
"mir_filed": "50893170 USD",
"mix_bonds": "0.021615208785594199887952942478",
"mix_other": "0.617346862065616938905701853619",
"mix_stock": "0.291295863613603285931743145388",
"mix_savings": "0.0108753425942138401654440317558",
"payout_rate": "0.0673179680744627067355743280767",
"stock_count": "974",
"excise_filed": "511580 USD",
"largest_stock": "33490142 USD",
"mir_difference": "-0.1 USD",
"mir_recomputed": "50893170.1 USD",
"mix_government": "0.0341490286493679085301337265994",
"payout_coverage": "1.34403210714894761203981993866",
"total_assets_fmv": "1049009252 USD",
"excise_difference": "0.4385 USD",
"excise_recomputed": "511579.5615 USD",
"distributable_filed": "50981294 USD",
"stock_concentration": "0.0340698109652336687374942274256",
"top10_share_of_stock": "0.462237505775069956004092206651",
"net_investment_income": "36804285 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "50981294 USD",
"effective_stock_holdings": "29.3514983402885303458055411443",
"net_noncharitable_assets": "1017863402 USD",
"qualifying_distributions": "68520496 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.0319254972595799374322391581728",
"largest_stock_halved_share_of_assets": "0.0159627486297899687161195790864"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "33490142",
"name": "689,305 UNITS CF BOSTON COMMON INTERNATIONAL SOCIAL FUND",
"shareOfAssets": "0.0319254972595799374322391581728"
},
{
"fmv": "32900481",
"name": "4,216,574 UNITS MFO RBC FDS TR BLUEBAY ACCESS CAP COMMUNITY INVT FD CL I",
"shareOfAssets": "0.0313633849627858191664452545744"
},
{
"fmv": "17820076",
"name": "GLOBAL DELTA EMERGING MARKETS FUND, LP",
"shareOfAssets": "0.0169875298678490587802747043836"
},
{
"fmv": "13108467",
"name": "57,109 UNITS APPLE INC COM STK",
"shareOfAssets": "0.0124960451731077773182500014785"
},
{
"fmv": "11656583",
"name": "28,598 UNITS MICROSOFT CORP COM",
"shareOfAssets": "0.011111992556572799417025542116"
},
{
"fmv": "11591644",
"name": "9,401 UNITS NVIDIA CORP COM",
"shareOfAssets": "0.0110500874781607741244211638278"
},
{
"fmv": "7031888",
"name": "33,719 UNITS AMAZON COM INC COM",
"shareOfAssets": "0.00670336127788508770940754295654"
},
{
"fmv": "4842168",
"name": "META PLATFORMS INC COM USD0.000006 CL 'A",
"shareOfAssets": "0.00461594403554412120666405714408"
},
{
"fmv": "4470008",
"name": "ALPHABET INC CAP STK USD0.001 CL C",
"shareOfAssets": "0.00426117118745869745675036238861"
},
{
"fmv": "4335408",
"name": "BROADCOM INC COM",
"shareOfAssets": "0.00413285964040286653258230748188"
}
],
"count": 974,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "9102e62e74e2868b71f35ac717339350b6531dc1e72e7af995baae608723f0f3",
"otherInvestments": [
{
"fmv": "125919805",
"name": "GENERATION IM GLOBAL EQUITY FUND LLC",
"shareOfAssets": "0.12003688695779014921405097388"
},
{
"fmv": "59900990",
"name": "OWNERSHIP CAPITAL GLOBAL EQUITY FUND LP",
"shareOfAssets": "0.0571024420287953761536509308118"
},
{
"fmv": "24457067",
"name": "GENERATION IM ASIA FUND LP",
"shareOfAssets": "0.02331444356031285031983683591"
},
{
"fmv": "24212134",
"name": "HARBOURVEST 2017 GLOBAL FUND, LP",
"shareOfAssets": "0.0230809537226083493112985432468"
},
{
"fmv": "23253062",
"name": "HARBOURVEST 2016 GLOBAL FUND, LP",
"shareOfAssets": "0.0221666891456549326983438273812"
}
]
}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.