Sealed proof · filed Form 990-PF

ANN PEPPERS FOUNDATION

EIN 95-2114455, 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 October 13, 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 distributions0.94×

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 rate4.5%

of net noncharitable-use assets; the legal test is the distributable amount, not this rate

Assets at fair market value$50.8M

end of the tax year, Part II

Largest listed stock7.0%

26550 UNITS NVIDIA CORP COM

If that stock halved−3.5%

of total assets, from that one name

Keep This Record

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

ANN PEPPERS FOUNDATION · Form 990-PF, year ended December 31, 2024checking

Minimum investment return (the 5% figure)Excise tax on investment incomeDistributable amount (what had to be paid out)Qualifying distributions (what was paid out)

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/a4b72205fded — it fits on a printed page, and whoever opens it can run the same check.

The return’s own arithmetic, re-done

Each line as filed and as recomputed
Line	As filed	Recomputed	Result
Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)	$2,429,432	$2,429,432.1	recomputes, within the form's whole-dollar rounding (difference −$0.1)
Excise tax: 1.39% of net investment income (Part V line 1)	$103,654	$103,653.6344	recomputes, within the form's whole-dollar rounding (difference $0.3656)
Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)	$2,325,778	$2,325,778	recomputes exactly

Where the assets sit, at fair market value

Assets by Part II line, at fair market value
Part II line	Fair market value	Share of assets
Savings and temporary cash investments (line 2)	$475,960	0.9%
U.S. and state government obligations (line 10a)	$6M	11.7%
Corporate stock (line 10b)	$35.7M	70.4%
Corporate bonds (line 10c)	$4.5M	8.9%
Other investments (line 13)	$3.9M	7.6%

The ten largest listed stocks, of 110 on the schedule

The schedule ties to Part II line 10b exactly. It behaves like 28.7 equal holdings; the ten largest are 49.3% of the listed stock.

The ten largest listed stocks
Stock, as listed	Fair market value	Share of assets
26550 UNITS NVIDIA CORP COM	$3.6M	7.0%
10197 UNITS APPLE COMPUTER INC COM	$2.6M	5.0%
5736 UNITS MICROSOFT CORP COM	$2.4M	4.8%
11119 UNITS ALPHABET INC CL C	$2.1M	4.2%
8570 UNITS AMAZON COM INC COM	$1.9M	3.7%
2142 UNITS META PLATFORMS INC CL A	$1.3M	2.5%
5153 UNITS BROADCOM INC	$1.2M	2.4%
3987 UNITS J P MORGAN CHASE & CO COM	$955,724	1.9%
2929 UNITS VISA INC COM CL A	$925,681	1.8%
12204 UNITS CHIPOTLE MEXICAN GRILL INC COM	$735,901	1.4%

Largest other investments (line 13), as listed

Largest other investments, line 13
1961694 UNITS WTC MULTI STRATEGY OFFSHORE	$2M	3.9%
1003444 UNITS GLENDOWER CAPITAL SOF IV LP	$1M	2.0%
579740 UNITS BTAS VIII OFFSHORE ACCESS FUND L.P.	$579,740	1.1%
169041 UNITS DFJ GROWTH V L.P.	$169,041	0.3%
160662 UNITS INDUSTRY VENTURES SECONDARY X LP	$160,662	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 $2,429,432; recomputed $2,429,432.1; agrees within the form's whole-dollar rounding.
Excise tax	Part V line 1 against 1.39% of net investment income	agrees	Filed $103,654; recomputed $103,653.63; 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 $2,325,778; recomputed $2,325,778; agrees to the dollar.
Payout coverage	Part XI total against Part X line 7	reported	Qualifying distributions $2,186,971 against a distributable amount of $2,325,778 (0.94×).
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	110 listed holdings sum to Part II line 10b exactly; the largest is 7.0% 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 13 October 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.	$103,653	Projected under the assumptions below
December 31, 2026	Distributable amount for the year ending 31 December 2025, to be paid out	$2,325,778	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 $1,943,545, $485,886 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, $48588642; the thirteen-month average is not observable from a filing.
Net investment income for that year equals this return's, $7457096.
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) a384fe48c6534547… · 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.

Walk through it with a person →

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 a4b72205fded271f2d7ca98eb0ad5a1cb58417e86c7d7f39e970bc2c76e04de1 · recomputed now, matches

return Form 990-PF, IRS object 202542869349100804, schema 2024v5.2 — the file as the IRS published it hashes to a3fa0782185b306c…

source file 202542869349100804_public.xml inside 2025_TEOS_XML_11B.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py a4b72205fded --fetch

arithmetic kernel@2026-09-15.1 · kernel proof db7ebdfa394f5b8f…

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 superseded

This 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.

Check It at /verifyKeep This Record

The program, and the full body that was hashed

let total_assets_fmv = 50779024 USD
let mix_savings = share(475960 USD, total_assets_fmv)
let mix_government = share(5958062 USD, total_assets_fmv)
let mix_stock = share(35727553 USD, total_assets_fmv)
let mix_bonds = share(4539827 USD, total_assets_fmv)
let mix_other = share(3874581 USD, total_assets_fmv)
let net_noncharitable_assets = 48588642 USD
let mir_filed = 2429432 USD
let mir_recomputed = net_noncharitable_assets * 5%
let mir_difference = mir_filed - mir_recomputed
let net_investment_income = 7457096 USD
let excise_filed = 103654 USD
let excise_recomputed = net_investment_income * 1.39%
let excise_difference = excise_filed - excise_recomputed
let distributable_filed = 2325778 USD
let distributable_recomputed = 2429432 USD - 103654 USD + 0 USD - 0 USD
let distributable_difference = distributable_filed - distributable_recomputed
let qualifying_distributions = 2186971 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 = [3565400 USD, 2553533 USD, 2417724 USD, 2117502 USD, 1880172 USD, 1254162 USD, 1194672 USD, 955724 USD, 925681 USD, 735901 USD, 733603 USD, 682186 USD, 668321 USD, 601592 USD, 582090 USD, 571480 USD, 561855 USD, 544260 USD, 411153 USD, 389558 USD, 382075 USD, 376057 USD, 374045 USD, 367523 USD, 353452 USD, 335330 USD, 332343 USD, 311270 USD, 310200 USD, 305209 USD, 301800 USD, 276298 USD, 273048 USD, 265356 USD, 264234 USD, 256485 USD, 244909 USD, 243476 USD, 237188 USD, 220460 USD, 218352 USD, 212968 USD, 199454 USD, 184483 USD, 184444 USD, 181423 USD, 179123 USD, 168888 USD, 166603 USD, 160320 USD, 157283 USD, 147736 USD, 143783 USD, 138565 USD, 126782 USD, 115727 USD, 111074 USD, 108821 USD, 101408 USD, 99800 USD, 96511 USD, 96050 USD, 95785 USD, 95710 USD, 92852 USD, 92305 USD, 91342 USD, 89474 USD, 89395 USD, 89118 USD, 88420 USD, 87697 USD, 85166 USD, 84059 USD, 82639 USD, 82615 USD, 82583 USD, 73519 USD, 72542 USD, 72156 USD, 71874 USD, 71318 USD, 70680 USD, 68944 USD, 66494 USD, 62387 USD, 61363 USD, 60421 USD, 60120 USD, 58638 USD, 58114 USD, 54943 USD, 53864 USD, 52626 USD, 50618 USD, 50416 USD, 48977 USD, 47691 USD, 43841 USD, 43655 USD, 41745 USD, 41567 USD, 38682 USD, 38323 USD, 38068 USD, 36093 USD, 33595 USD, 27966 USD, 27602 USD, 22626 USD]
let stock_count = count(stocks)
let largest_stock = max(stocks)
let largest_stock_share_of_assets = share(largest_stock, total_assets_fmv)
let top10_share_of_stock = share(sum([3565400 USD, 2553533 USD, 2417724 USD, 2117502 USD, 1880172 USD, 1254162 USD, 1194672 USD, 955724 USD, 925681 USD, 735901 USD]), sum(stocks))
let stock_concentration = hhi(stocks)
let effective_stock_holdings = 1 / stock_concentration
let largest_stock_halved_share_of_assets = share(largest_stock * 50%, total_assets_fmv)

{
  "mix": [
    {
      "fmv": "475960",
      "line": "savings",
      "label": "Savings and temporary cash investments (line 2)",
      "share": "0.00937316164249238031829835878689"
    },
    {
      "fmv": "5958062",
      "line": "government",
      "label": "U.S. and state government obligations (line 10a)",
      "share": "0.117333133460777032658209421276"
    },
    {
      "fmv": "35727553",
      "line": "stock",
      "label": "Corporate stock (line 10b)",
      "share": "0.703588808638779666186573416614"
    },
    {
      "fmv": "4539827",
      "line": "bonds",
      "label": "Corporate bonds (line 10c)",
      "share": "0.0894035891670544908464565998748"
    },
    {
      "fmv": "3874581",
      "line": "other",
      "label": "Other investments (line 13)",
      "share": "0.0763027859692616384277098354628"
    }
  ],
  "kind": "public-filing-990pf",
  "lens": "AXIOM",
  "build": {
    "commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
    "digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
  },
  "filer": {
    "ein": "952114455",
    "name": "ANN PEPPERS 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": "2429432",
      "label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
      "verdict": "rounding",
      "difference": "-0.1",
      "recomputed": "2429432.1"
    },
    {
      "id": "excise_tax",
      "note": null,
      "filed": "103654",
      "label": "Excise tax: 1.39% of net investment income (Part V line 1)",
      "verdict": "rounding",
      "difference": "0.3656",
      "recomputed": "103653.6344"
    },
    {
      "id": "distributable_amount",
      "note": null,
      "filed": "2325778",
      "label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
      "verdict": "exact",
      "difference": "0",
      "recomputed": "2325778"
    }
  ],
  "engine": "kernel@2026-09-15.1",
  "source": {
    "form": "990-PF",
    "lines": {
      "netInvestmentIncome": "7457096",
      "grossInvestmentIncome": "7551909",
      "netNoncharitableAssets": "48588642",
      "undistributedCurrentYear": "0"
    },
    "period": {
      "end": "2024-12-31",
      "days": 366,
      "begin": "2024-01-01"
    },
    "amended": false,
    "foreign": {
      "organization": false,
      "meets85PctTest": false
    },
    "objectId": "202542869349100804",
    "returnTs": "2025-10-13T10:01:37-05:00",
    "operating": false,
    "sourceSha256": "a3fa0782185b306c899e37a1d4b474b60d27c359550a392126d09248586968ac",
    "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 = 50779024 USD\nlet mix_savings = share(475960 USD, total_assets_fmv)\nlet mix_government = share(5958062 USD, total_assets_fmv)\nlet mix_stock = share(35727553 USD, total_assets_fmv)\nlet mix_bonds = share(4539827 USD, total_assets_fmv)\nlet mix_other = share(3874581 USD, total_assets_fmv)\nlet net_noncharitable_assets = 48588642 USD\nlet mir_filed = 2429432 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 7457096 USD\nlet excise_filed = 103654 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 2325778 USD\nlet distributable_recomputed = 2429432 USD - 103654 USD + 0 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 2186971 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 = [3565400 USD, 2553533 USD, 2417724 USD, 2117502 USD, 1880172 USD, 1254162 USD, 1194672 USD, 955724 USD, 925681 USD, 735901 USD, 733603 USD, 682186 USD, 668321 USD, 601592 USD, 582090 USD, 571480 USD, 561855 USD, 544260 USD, 411153 USD, 389558 USD, 382075 USD, 376057 USD, 374045 USD, 367523 USD, 353452 USD, 335330 USD, 332343 USD, 311270 USD, 310200 USD, 305209 USD, 301800 USD, 276298 USD, 273048 USD, 265356 USD, 264234 USD, 256485 USD, 244909 USD, 243476 USD, 237188 USD, 220460 USD, 218352 USD, 212968 USD, 199454 USD, 184483 USD, 184444 USD, 181423 USD, 179123 USD, 168888 USD, 166603 USD, 160320 USD, 157283 USD, 147736 USD, 143783 USD, 138565 USD, 126782 USD, 115727 USD, 111074 USD, 108821 USD, 101408 USD, 99800 USD, 96511 USD, 96050 USD, 95785 USD, 95710 USD, 92852 USD, 92305 USD, 91342 USD, 89474 USD, 89395 USD, 89118 USD, 88420 USD, 87697 USD, 85166 USD, 84059 USD, 82639 USD, 82615 USD, 82583 USD, 73519 USD, 72542 USD, 72156 USD, 71874 USD, 71318 USD, 70680 USD, 68944 USD, 66494 USD, 62387 USD, 61363 USD, 60421 USD, 60120 USD, 58638 USD, 58114 USD, 54943 USD, 53864 USD, 52626 USD, 50618 USD, 50416 USD, 48977 USD, 47691 USD, 43841 USD, 43655 USD, 41745 USD, 41567 USD, 38682 USD, 38323 USD, 38068 USD, 36093 USD, 33595 USD, 27966 USD, 27602 USD, 22626 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([3565400 USD, 2553533 USD, 2417724 USD, 2117502 USD, 1880172 USD, 1254162 USD, 1194672 USD, 955724 USD, 925681 USD, 735901 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": "2429432 USD",
    "mix_bonds": "0.0894035891670544908464565998748",
    "mix_other": "0.0763027859692616384277098354628",
    "mix_stock": "0.703588808638779666186573416614",
    "mix_savings": "0.00937316164249238031829835878689",
    "payout_rate": "0.0450099222777207891506825813325",
    "stock_count": "110",
    "excise_filed": "103654 USD",
    "largest_stock": "3565400 USD",
    "mir_difference": "-0.1 USD",
    "mir_recomputed": "2429432.1 USD",
    "mix_government": "0.117333133460777032658209421276",
    "payout_coverage": "0.940318035513277707502607729543",
    "total_assets_fmv": "50779024 USD",
    "excise_difference": "0.3656 USD",
    "excise_recomputed": "103653.6344 USD",
    "distributable_filed": "2325778 USD",
    "stock_concentration": "0.0348066099129439349809714068436",
    "top10_share_of_stock": "0.49263018376881282633602138943",
    "net_investment_income": "7457096 USD",
    "distributable_difference": "0 USD",
    "distributable_recomputed": "2325778 USD",
    "effective_stock_holdings": "28.7301751736562681032683498435",
    "net_noncharitable_assets": "48588642 USD",
    "qualifying_distributions": "2186971 USD",
    "undistributed_to_next_year": "0 USD",
    "largest_stock_share_of_assets": "0.0702140316836337776007668048129",
    "largest_stock_halved_share_of_assets": "0.0351070158418168888003834024065"
  },
  "version": 2,
  "holdings": {
    "tie": "exact",
    "top": [
      {
        "fmv": "3565400",
        "name": "26550 UNITS NVIDIA CORP COM",
        "shareOfAssets": "0.0702140316836337776007668048129"
      },
      {
        "fmv": "2553533",
        "name": "10197 UNITS APPLE COMPUTER INC COM",
        "shareOfAssets": "0.0502871618800707945863630620392"
      },
      {
        "fmv": "2417724",
        "name": "5736 UNITS MICROSOFT CORP COM",
        "shareOfAssets": "0.0476126520273410532664038599875"
      },
      {
        "fmv": "2117502",
        "name": "11119 UNITS ALPHABET INC CL C",
        "shareOfAssets": "0.0417003288602002275585288917723"
      },
      {
        "fmv": "1880172",
        "name": "8570 UNITS AMAZON COM INC COM",
        "shareOfAssets": "0.0370265486000676184717532184155"
      },
      {
        "fmv": "1254162",
        "name": "2142 UNITS META PLATFORMS INC CL A",
        "shareOfAssets": "0.024698426657432407523232427626"
      },
      {
        "fmv": "1194672",
        "name": "5153 UNITS BROADCOM INC",
        "shareOfAssets": "0.023526879917975579837848005901"
      },
      {
        "fmv": "955724",
        "name": "3987 UNITS J P MORGAN CHASE & CO COM",
        "shareOfAssets": "0.0188212361072556258663025898253"
      },
      {
        "fmv": "925681",
        "name": "2929 UNITS VISA INC COM CL A",
        "shareOfAssets": "0.0182295941725859087011991408106"
      },
      {
        "fmv": "735901",
        "name": "12204 UNITS CHIPOTLE MEXICAN GRILL INC COM",
        "shareOfAssets": "0.0144922241908391149857468705976"
      }
    ],
    "count": 110,
    "schedule": "Corporate stock (line 10b)"
  },
  "refusals": [],
  "blankLines": [],
  "kernelProof": "db7ebdfa394f5b8f50b7ac03c1c56ffff7ec47109810c45fb62584c7cd56bc50",
  "otherInvestments": [
    {
      "fmv": "1961694",
      "name": "1961694 UNITS WTC MULTI STRATEGY OFFSHORE",
      "shareOfAssets": "0.0386319752817620125979577709095"
    },
    {
      "fmv": "1003444",
      "name": "1003444 UNITS GLENDOWER CAPITAL SOF IV LP",
      "shareOfAssets": "0.0197609942247019162873236791633"
    },
    {
      "fmv": "579740",
      "name": "579740 UNITS BTAS VIII OFFSHORE ACCESS FUND L.P.",
      "shareOfAssets": "0.0114169189230576783043329072256"
    },
    {
      "fmv": "169041",
      "name": "169041 UNITS DFJ GROWTH V L.P.",
      "shareOfAssets": "0.00332895330953978162321512914466"
    },
    {
      "fmv": "160662",
      "name": "160662 UNITS INDUSTRY VENTURES SECONDARY X LP",
      "shareOfAssets": "0.00316394423020024961488034901971"
    }
  ]
}

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.