OSPREY FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: OSPREY FOUNDATION INC (EIN 14-1862154)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-13
IRS object ID: 202443189349102429
Schema version: 2023v5.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Accounting Fees Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Other Notes Loans Rcvbl Long Sch
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-13T13:58:33-06:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	830564535	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	FRENCH SHEPLEY & STRONG LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	11350 MCCORMICK RD EP 3 STE 300	AddressLine1Txt
City	HUNT VALLEY	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21031	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	141862154	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE OSPREY FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	OSPR	BusinessNameControlTxt
Phone	4103377575	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1 WEST PENNSYLVANIA AVE 800	AddressLine1Txt
City	TOWSON	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21204	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	WILLIAM CLARKE	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	4103377575	PhoneNum
Signature	2024-11-13	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	LISA STRONG	PreparerPersonNm
PTIN	P01011712	PTIN
Phone	4433918580	PhoneNum
Preparation	2024-11-13	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$39,761,901	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$513	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$513	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$1,173,577	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$1,173,577	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$1,973,410	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$16,959,432	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$1,973,410	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$242,911	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$179,983	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$3,390,411	TotalRevAndExpnssAmt
Total Net Invst Incm	$3,327,483	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$381,071	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$381,071	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$117,910	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$0	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$117,910	OthEmplSlrsWgsDsbrsChrtblAmt
Legal Fees Rev And Expnss	$11,030	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$11,030	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$10,160	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$10,160	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$740,187	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$406,675	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$333,512	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$35,682	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$27,226	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$8,456	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$53,017	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$0	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$53,017	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$1,349,057	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$433,901	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$915,156	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$5,778,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$5,778,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$7,127,057	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$433,901	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$6,693,156	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$3,736,646	ExcessRevenueOverExpensesAmt
Net Investment Income	$2,893,582	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$459,886	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$709,032	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$709,032	SavAndTempCashInvstEOYFMVAmt
Other Nts And Loans Rcvbl	$1,350,000	OtherNtsAndLoansRcvblAmt
Other Rcvbl Allwnc Dbtfl Acct	$0	OtherRcvblAllwncDbtflAcctAmt
Other Nts And Loans Rcvbl BOY	$600,000	OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY	$1,350,000	OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV	$1,350,000	OtherNtsAndLoansRcvblEOYFMVAmt
Corporate Stock BOY	$15,344,387	CorporateStockBOYAmt
Corporate Stock EOY	$11,751,516	CorporateStockEOYAmt
Corporate Stock EOYFMV	$13,133,461	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$3,781,949	CorporateBondsBOYAmt
Corporate Bonds EOY	$2,544,830	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$2,286,166	CorporateBondsEOYFMVAmt
Other Investments BOY	$18,078,055	OtherInvestmentsBOYAmt
Other Investments EOY	$18,168,649	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$22,124,712	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$60,456	OtherAssetsBOYAmt
Other Assets EOY	$158,530	OtherAssetsEOYAmt
Other Assets EOYFMV	$158,530	OtherAssetsEOYFMVAmt
Total Assets BOY	$38,324,733	TotalAssetsBOYAmt
Total Assets EOY	$34,682,557	TotalAssetsEOYAmt
Total Assets EOYFMV	$39,761,901	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$0	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$94,500	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$94,500	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$47,891,637	CapitalStockBOYAmt
Capital Stock EOY	$47,891,637	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	-$9,566,904	RetainedEarningBOYAmt
Retained Earning EOY	-$13,303,580	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$38,324,733	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$34,588,057	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$38,324,733	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$34,682,557	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$38,324,733	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$3,736,646	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$34,588,087	SubtotalAmt
Other Decreases	$30	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$34,588,057	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PUBLICLY TRADE SECURITIES TD AMERITRADE	P	$8,325,778	$7,141,714	$1,184,064	$1,184,064
PUBLICLY TRADED SECURITIES SCHWAB 7512	P	$1,527,529	$1,645,207	-$117,678	-$117,678
PUBLICLY TRADED SECURITIES SCHWAB 8183 DF DENT	P	$1,577,010	$1,547,781	$29,229	$29,229
FROM PASSTHROUGH ENTITIES	P	$755,329		$755,329	$755,329
MADOFF VICTIMS RECOVERY FUND	P	$5,608		$5,608	$5,608
PUBLICLY TRADED SECURITIES SCHWAB 4853	P	$4,733,351	$4,516,629	$216,722	$216,722
MREP 2008	P	$3,627		$3,627	$3,627
ENERGY CAPITAL PARTNERS	P	$2,050		$2,050	$2,050
GLOUSTON CAPITAL PARTNERS	P		$134,691	-$134,691	-$134,691
CAPITAL GAINS DIVIDENDS	P	$29,150		$29,150	$29,150

Field	Value	IRS element (for citing)
Capital Gain Net Income	$1,973,410	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$40,221	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$40,221	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$40,221	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$81,394	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$25,000	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$106,394	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$66,173	OverpaymentAmt
Applied To ES Tax	$66,173	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	MD	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	WWW.OSPREYFDN.ORG	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	THE ORGANIZATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4103377575	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1 WEST PENNSYLVANIA AVE 800	AddressLine1Txt
City	TOWSON	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21204	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (1)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	0	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
WILLIAM CLARKE
C/O 1 WEST PENNSYLVANIA AVE	TOWSON	MD	21204	PRESIDENT	10.00	$0	$0	$0
LOUIS BOORSTIN
C/O 1 WEST PENNSYLVANIA AVE	TOWSON	MD	21204	MANAGING DIRECTOR	40.00	$381,071	$0	$0
STEVEN SCOLARI
C/O 1 WEST PENNSYLVANIA AVE	TOWSON	MD	21204	SEC/TREASURER	1.00	$0	$0	$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee BenefitsEmployeeBenefitsAmt	Expense AccountExpenseAccountAmt
LAUREN PATRICK
66 SPRING ST	MARION	MA	02738	PROGRAM OFFICER	40.00	$60,063	$0	$0
SUSAN DUNDON
1956 BRENTWOOD ROAD	NORTHBROOK	IL	60062	DIRECTOR	20.00	$57,847	$0	$0

Field	Value	IRS element (for citing)
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt	Address Line1ForeignAddress/AddressLine1Txt	CityForeignAddress/CityNm	CountryForeignAddress/CountryCd
ARABELLA ADVISORS
1201 CONNECTICUT AVE NW	WASHINGTON	DC	20036	MONITOR, EVALUATE AND TRACK GRANTS	$245,410
WMS PARTNERS LLC
1 WEST PENNSYLVANIA AVE	TOWSON	MD	21204	INVESTMENT MANAGEMENT	$206,263
AGUACONSULT LTD
				DEVELOP A CLIMATE RESILIENCE ASSESSMENT TOOL	$82,833	4 PEARL WALK	COOKS SHIPYARD	UK

Field	Value	IRS element (for citing)
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	THE FOUNDATION PROVIDES CONTRIBUTIONS AND GRANTS TO OTHER TAX-EXEMPT ORGANIZATIONS WHICH ARE INVOLVED IN DIRECT CHARITABLE ACTIVITIES - SEE LIST OF RECIPIENTS.	Description1Txt
Expenses1	$0	Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$39,560,132	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$585,000	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$161,423	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$40,306,555	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$40,306,555	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$604,598	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$39,701,957	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,985,098	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,985,098	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$40,221	TaxBasedOnInvestmentIncomeAmt
Income Tax	$1,723	IncomeTaxAmt
Total Tax	$41,944	TotalTaxAmt
Distributable Before Adj	$1,943,154	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$1,943,154	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$1,943,154	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$6,693,156	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$6,693,156	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,943,154	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$3,468,242	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$2,385,795	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$1,860,549	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$2,390,018	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$6,285,019	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$16,389,623	TotalExcessDistributionCyovAmt
Qualifying Distributions	$6,693,156	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$1,943,154	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$4,750,002	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$21,139,625	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$3,468,242	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$17,671,383	ExcessDistriCyovToNextYrAmt
Excess From Year4	$2,385,795	ExcessFromYear4Amt
Excess From Year3	$1,860,549	ExcessFromYear3Amt
Excess From Year2	$2,390,018	ExcessFromYear2Amt
Excess From Year1	$6,285,019	ExcessFromYear1Amt
Excess From Current Year	$4,750,002	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	WILLIAM CLARKE	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line1RecipientForeignAddress/AddressLine1Txt	CityRecipientForeignAddress/CityNm	CountryRecipientForeignAddress/CountryCd	Address Line2RecipientUSAddress/AddressLine2Txt
ACUMEN FUND INC
40 WORTH STREET RM 303	NEW YORK	NY	10013	PC	UNRESTRICTED	$250,000
BURN DESIGN LAB
18850 103RD AVE SW	VASHON	WA	98070	PC	COOKSTOVES	$123,000
CATHOLIC RELIEF SERVICES
228 W LEXINGTON ST	BALTIMORE	MD	21201	PC	UNRESTRICTED	$1,000,000
CEDEPCA USA
PO BOX 920243	NORCROSS	GA	30010	PC	BIBLICAL, THEOLOGICAL AND PASTORAL TRAINING PROGRAMS	$100,000
CHESAPEAKE BAY FOUNDATION
6 HERNDON AVE	ANNAPOLIS	MD	21403	PC	WATER RESOURCES	$75,000
CONTAINER BASED SANITATION ALLIANCE (CBSA)
				NC: FOREIGN EXEMPT	AFFORDABLE, SAFE AND DIGNIFIED SANITATION	$50,000	87 NEWINGTON INDUSTRIAL ESTATE	LONDON	UK
FOCUSING PHILANTHROPY INC
1637 16TH STREET	SANTA MONICA	CA	90404	PC	UNRESTRICTED	$100,000
IMA WORLD HEALTH
1730 M STREET NW 1100	WASHINGTON	DC	20036	PC	UNRESTRICTED	$1,100,000
INSTITUTE FOR ISLAMIC CHRISTIAN JEWISH STUDIES (ICJS)
956 DULANEY VALLEY RD	TOWSON	MD	21204	PC	UNRESTRICTED	$25,000
INTERFAITH AMERICA
141 W JACKSON BOULEVARD	CHICAGO	IL	60607	PC	UNRESTRICTED	$400,000
IRC INTERNATIONAL WATER AND SANITATION
1440 G STREET NW	WASHINGTON	DC	20005	PC	AGENDA FOR CHANGE, HONDURAS AND OTHER PROGRAMS	$700,000
JOHNS HOPKINS UNIVERSITY DEVELOPMENT
6225 SMITH AVENUE	BALTIMORE	MD	21209	PC	UNRESTRICTED	$150,000
ON BEING PROJECT
1619 HENNEPIN AVE SOUTH	MINNEAPOLIS	MN	55403	PC	UNRESTRICTED	$150,000
SPLASH INTERNATIONAL
7511 GREENWOOD AVE N	SEATTLE	WA	98103	PC	CLEAN WATER AND SANITATION	$300,000
UNC SCHOOL OF GLOBAL PUBLIC HEALTH
4114 MCGAVRAN-GREENBERG HALL	CHAPEL HILL	NC	27599	PC	WATER INSTITUTE CONFERENCE	$35,000
UNITED NATIONS FOUNDATION
1750 PENNSYLVANIA AVENUE NW SUITE	WASHINGTON	DC	20006	PC	CLEAN COOKING ALLIANCE	$460,000				300
WATER FOR GOOD
9511 ANGOLA COURT	INDIANAPOLIS	IN	46268	PC	UNRESTRICTED	$150,000
WATERAID AMERICA INC
233 BROADWAY 2705	NEW YORK	NY	10279	PC	CLEAN WATER AND HYGIENE	$210,000
WELL FOR THE JOURNEY INC
120 W SEMINARY AVE	LUTHERVILLE	MD	21093	PC	UNRESTRICTED	$100,000
WATER FOR PEOPLE
7100 E BELLEVIEW AVE SUITE 310	GREENNWOOD VILLAGE	CO	80111	PC	WATER FOR PEOPLE UGANDA	$50,000
WATER FOR PEOPLE
7100 E BELLEVIEW AVE SUITE 310	GREENNWOOD VILLAGE	CO	80111	PC	WATER FOR PEOPLE TANZANIA	$100,000
COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE INC (CARE)
151 ELLIS STREET NE	ATLANTA	GA	30303	PC	SUSTAINABLE WASH SYSTEMS	$150,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$5,778,000	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$513	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,173,577	ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Exclusion	01	ExclusionCd
Exclusion	$179,983	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$1,973,410	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDesc	BusinessBusinessCd	Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt
FROM K-1: WMS INCOME OPP FUND B	900001	$16,395
FROM K-1: MILLER'S SQUARE INVESTMENT	531120	$46,533

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$62,928	UnrelatedBusinessTaxblIncmAmt
Exclusion	$3,327,483	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$3,390,411	TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Field	Value	IRS element (for citing)
Line Number	1	LineNumberTxt
Relationship Statement	NOT APPLICABLE	RelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$10,160	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$10,160	DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
CORBYN INVESTMENTS BOND ACCOUNT	$2,044,830	$1,786,166
TOTAL IMPACT - VITA GREEN BOND	$500,000	$500,000

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	STOCKS AND MUTUAL FUNDS SCHWAB	StockNm
EOY Book Value	$11,751,516	EOYBookValueAmt
EOYFMV	$13,133,461	EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (28 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
AG CS HOLDINGS FUND II LP	AT COST	$601,736	$624,926
AG CS HOLDINGS FUND LP	AT COST	$448,814	$457,666
CAMPBELL ABSOLUTE RETURN FUND LLC	AT COST	$1,297,420	$1,239,165
CR MT PLEASANT CO-INVEST LP	AT COST	$903,152	$1,128,344
CR OPPORTUNISTIC RETAIL FUND I	AT COST	$525,287	$555,750
FPA WHITEHAWK III ONSHORE FUND	AT COST	$688,075	$626,097
GOLUB CAPITAL PARTNERS GEMS	AT COST	$602,348	$737,316
KAWISAFI VENTURES LTD	AT COST	$720,824	$908,947
MAP HERITAGE FUND, LP	AT COST	$596,902	$420,000
NEW MEXICO STRUCTURED SETTLEMENT	AT COST	$51,521	$51,521
PANCO STRATEGIC REAL ESTATE FUND IV-R LP	AT COST	$1,272,755	$2,500,536
PANCO STRATEGIC REAL ESTATE FUND V-R	AT COST	$792,179	$794,379
PERCEPTIVE CREDIT OPPOR FUND III LP	AT COST	$531,223	$518,365
PERCEPTIVE CREDIT OPPOR FUND IV LP	AT COST	$239,518	$229,498
PERIMETER CONSULTING SERVICES COLLECTIVE	AT COST	$36,253	$36,253
PROOF FUND II LP	AT COST	$565,289	$705,951
QUESTMARK PARTNERS III LP	AT COST	$481,212	$201,526
ROCK SPRINGS CAPITAL FUND LP	AT COST	$1,000,000	$1,732,371
SPARK + AFRICA FUND SCSP	AT COST	$274,000	$274,000
STEPSTONE VC SECONDARIES FUND IV LP	AT COST	$955,387	$1,308,206
STEPSTONE VC SECONDARIES FUND V LP	AT COST	$569,752	$626,595
STEPSTONE VC SPV (AV IV) LP	AT COST	$802,706	$1,833,856
STERLING CUTTER COLLECTIVE VEHICLE, LP	AT COST	$97,130	$97,130
STERLING INVESTMENT PARTNERS IV	AT COST	$91,288	$392,882
STRUCTURED SETTLEMENTS	AT COST	$1,802,035	$1,802,035
WATERCREDIT INVEST FUND 3 LP	AT COST	$1,194,081	$1,185,944
WMS FUNDS	AT COST	$1,027,762	$926,522
MILLERS SQUARE LLC	AT COST	$0	$208,931

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$11,030	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$11,030	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (3 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
FOREIGN TAX WITHOLDINGS RECOVERABLE	$60,456	$60,456	$60,456
DISTRIBUTIONS RECEIVABLE	$0	$25,314	$25,314
SALES PROCEEDS RECEIVABLE		$72,760	$72,760

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	NON DEDUCTIBLE EXPENSES FROM PASSTHROUGH ENTITIES	Desc
Amt	$30	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INFORMATION TECHNOLOGY	$25,133	$0	$25,133
INSURANCE	$675	$0	$675
MEMBERSHIP DUES	$6,730	$0	$6,730
REIMBURSEMENTS	$20,479	$0	$20,479

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (5 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
ORDINARY INCOME FROM PASSTHROUGH ENTITIES	$118,800	$118,800	$118,800
AG CREDIT SOLUTIONS - PFIC INCOME	$27,170	$27,170	$27,170
AG CREDIT SOLUTIONS IIA - PFIC INCOME	$34,013	$34,013	$34,013
FROM K-1: WMS INCOME OPP FUND B	$16,395		$16,395
FROM K-1: MILLER'S SQUARE INVESTMENT	$46,533		$46,533

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	MILLERS SQUARE DEFICIT CAPITAL	Desc
BOY Book Value	$0	BOYBookValueAmt
EOY Book Value	$94,500	EOYBookValueAmt

Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch

Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp (3 entries)

Insider RelationshipInsiderRelationshipTxt	Loan OriginalLoanOriginalAmt	Balance DueBalanceDueAmt	NoteNoteDt	Loan MaturityLoanMaturityDt	Repayment TermsRepaymentTermsTxt	InterestInterestRt	Security Provided BorrowerSecurityProvidedBorrowerTxt	Loan PurposeLoanPurposeTxt	Lender ConsiderationLenderConsiderationDesc	Consideration FMVConsiderationFMVAmt
AZURE SOURCE CAPITAL
NONE	$250,000	$250,000	2023-08	2028-03	INTEREST ONLY	3.000000000000	NONE	UPGRADE AND EXPAND WATER SERVICES IN UNDERSERVED COMMUNITIES IN EL SALVADOR	NONE	$0
WORKING CAPITAL FOR COMMUNITY NEEDS
NONE	$500,000	$500,000	2012-07		INTEREST ONLY	3.500000000000	NONE	ACCESS TO CAPITAL LOW-INCOME ENTREPRENEURS IN LATIN AMERICA	NONE	$0
PRO MUJER INC
NONE	$600,000	$600,000	2022-12	2027-12	INTEREST ONLY	3.000000000000	NONE	ADVANCEMENT OF WOMEN IN LATIN AMERICA	NONE	$0

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (7 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT FEES WMS PARTNERS	$206,263	$206,263	$0
PHILANTHROPIC CONSULTING ARABELLA ADVISORS	$245,410	$0	$245,410
INVESTMENT FEES CORBYN	$14,637	$14,637	$0
PORTFOLIO DEDUCTIONS PASSTHROUGH ENTITIES	$183,067	$183,067	$0
INVESTMENT FEES DENT	$2,708	$2,708	$0
PHILANTHROPIC CONSULTING AQUACONSULT LTD	$82,833	$0	$82,833
PHILANTHROPIC CONSULTING KEATMAN	$5,269	$0	$5,269

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAXES	$27,226	$27,226	$0
PAYROLL TAXES	$8,456	$0	$8,456