2023-11-13T16:51:00-06:00 2022-12-31 911194016 CLARK NUBER PS 10900 NE 4TH ST STE 1400 BELLEVUE WA 98004 990PF 2022-01-01 911950165 CLEMENTINE FUND CLEM 2069325342 PO BOX 7034 TACOMA WA 98417 RICHARD RUSSELL PRESIDENT 2069315342 2023-11-10 1 RICHARD RUSSELL 999009999 1 JENNIFER BECKER HARRIS P00183358 4254544919 2023-11-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X X 34701657 X X 373309 481062 -587739 12718248 0 161800 33428 61800 -52630 514490 61800 205000 0 0 190000 112500 0 0 112500 34320 0 0 34299 35701 0 0 46003 61308 30654 0 27203 256894 186852 0 67822 10110 18542 0 10110 44939 0 0 44939 50503 210211 0 62976 811275 446259 0 595852 1250500 941624 2061775 446259 0 1537476 -2114405 68231 61800 9313 111919 111919 1487599 186913 186913 55941 55941 404296 727659 727659 14948388 11212073 11212073 7665807 5438110 5438110 12986307 15844903 15844903 5623032 1124139 1124139 43124742 34701657 34701657 69873 58119 400000 100000 0 169873 458119 X 42954869 34243538 42954869 34243538 43124742 34701657 42954869 -2114405 0 40840464 6596926 34243538 PUBLICLY TRADED SECURITIES 12618995 13316748 -697753 -697753 CAPITAL GAINS DISTRIBUTIONS P 99253 99253 99253 PASS THROUGH INVESTMENTS P 2021-01-01 2022-12-31 204192 -204192 -204192 -802692 -598500 948 0 948 0 948 29915 0 0 0 29915 X 0 28967 28967 0 0 0 0 0 0 0 0 0 0 0 1 1 WA NY HI 1 0 0 0 1 1 N/A THE RMG GROUP 2122560666 151 1ST AVE 61 NEW YORK NY 10003 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 RICHARD F RUSSELL PO BOX 7034 TACOMA WA 98417 EXECUTIVE DIRECTOR & BOARD PRESIDENT 24.00 120000 0 0 ZAC RUSSELL PO BOX 7034 TACOMA WA 98417 SENIOR ADVISOR & BOARD VICE PRESIDENT 12.00 60000 0 12903 JUNE MARTIN PO BOX 7034 TACOMA WA 98417 BOARD TREASURER 10.00 0 0 0 JILEEN RUSSELL PO BOX 7034 TACOMA WA 98417 BOARD SECRETARY 5.00 0 0 0 MARIKO TANIGUCHI-RUSSELL PO BOX 7034 TACOMA WA 98417 BOARD DIRECTOR 5.00 0 0 0 CHET TCHOZEWSKI PO BOX 7034 TACOMA WA 98417 BOARD DIRECTOR 5.00 25000 0 0 HOLLY POWERS PO BOX 7034 TACOMA WA 98417 ASSOCIATE DIRECTOR 30.00 112500 8363 529 0 TIEDEMANN WEALTH MANAGEMENT PO BOX 770002 CINCINNATI OH 45277 INVESTMENT ADVISOR 145171 0 0 20937095 1282025 16320572 38539692 0 0 38539692 578095 37961597 1898080 1898080 948 948 1897132 0 1897132 0 1897132 1537476 0 1537476 1897132 0 0 254215 679602 60599 298657 244099 1537172 1537476 0 0 0 1537476 0 359656 359656 1177516 0 0 0 0 0 0 0 1177516 679602 60599 298657 244099 X BRAC USA INC 110 WILLIAM ST NEW YORK NY 10038 PC GENERAL OPERATING SUPPORT 10000 CARE 151 ELLIS STREET NE ATLANTA GA 30303 PC CARES UKRAINE CRISIS FUND 8000 COMMONWEAL PO BOX 316 BOLINAS CA 94924 PC PARTNERS FOR YOUTH EMPOWERMENT (PYE) GLOBAL 25000 COMMUNITY FOUNDATION BOULDER COUNTY 1123 SPRUCE ST BOULDER CO 80302 PC SUPPORT FOR THE BOULDER COUNTY WILDFIRE FUND 25000 CRISIS CONNECTIONS 2901 3RD AVENUE SEATTLE WA 98121 PC GENERAL OPERATING SUPPORT 40000 DOCTORS WITHOUT BORDERS USA INC 40 RECTOR STREET NEW YORK NY 10006 PC DOCTORS WITHOUT BORDERS EMERGENCY RELIEF FUND FOR THE PEOPLE OF UKRAINE 8000 EDWARD CHARLES FOUNDATION 269 SOUTH BEVERLY DR BEVERLY HILLS CA 90212 PC HEART OF DINNER PROJECT 2500 FEED THE HUNGER FUND 100 MONTGOMERY ST SAN FRANCISCO CA 94129 PC GENERAL OPERATING SUPPORT 6000 GREATER WASHINGTON EDUCATIONAL TELECOMMUNICATIONS ASSOCIATION 3939 CAMPBELL AVENUE ARLINGTON VA 22206 PC PBS NEWSHOUR 5000 HAMAKUA HEALTH CENTER INC 45-549 PLUMERIA ST HONOKAA HI 96727 PC CAPITAL CAMPAIGN 100000 HAWAII GOOD FOOD ALLIANCE PO BOX 1334 KAUNAKAKAI HI 96748 PC HAWAI'I FOOD HUB HUI 5000 HOPE SERVICES HAWAII INC 357 WAIANUENUE AVE HILO HI 96720 PC GENERAL OPERATING SUPPORT 10000 IN OUR BACKYARDS INC (IOBY) 275 PARK AVENUE BROOKLYN NY 11205 PC CLINTON HILL FORT GREENE MUTUAL AID 15000 IN OUR BACKYARDS INC (IOBY) 275 PARK AVENUE BROOKLYN NY 11205 PC SOLIDARITY PATH PROJECT 10000 KAILAPA COMMUNITY ASSOCIATION 61-4016 KAI OPAE PL KAMUELA HI 967439744 PC GENERAL OPERATING SUPPORT 5000 KAUAI MUSIC FESTIVAL PO BOX 2575 KAMUELA HI 967432575 PC GENERAL OPERATING SUPPORT 10000 KOHALA ELEMENTARY SCHOOL 54-3609 AKONI PULE HWY KAPAAU HI 96755 PC KOHALA ELEMENTARY SCHOOL DISCOVERY GARDEN PROJECT 10000 MALAAI-THE CULINARY GARDEN OF WAIMEA MIDDLE SCHOOL PO BOX 543 KAMUELA HI 96743 PC HAWAII ISLAND SCHOOL GARDEN NETWORK PROGRAM 5000 MIGRANT JUSTICE INC 179 S WINOOSKI AVE UNIT 202 BURLINGTON VT 05401 PC GENERAL OPERATING SUPPORT 20000 MOVEMENT VOTER PROJECT 37 BRIDGE ST 749 NORTHAMPTON MA 01061 NC EXPANDING DEMOCRACY IN TEXAS 50000 MULTICARE HEALTH FOUNDATION PO BOX 5299 TACOMA WA 98415 PC GENERAL OPERATING SUPPORT 300 NA KALAI WAA 65-1206 MAMALAHOA HWY STE 1-101 KAMUELA HI 967438324 PC E OLA MOANANUIAKEA PROJECT 10000 NEW YORK COUNTY DEFENDER SERVICES INC 100 WILLIAM ST FL 20 NEW YORK CITY NY 100385017 PC GENERAL OPERATING SUPPORT 10000 NEW YORK PEACE INSTITUTE INC 111 JOHN ST RM 600 NEW YORK NY 10038 PC GENERAL OPERATING SUPPORT 10000 NEW YORK PUBLIC RADIO 160 VARICK STREET NEW YORK NY 10013 PC GENERAL OPERATING SUPPORT 5000 NEW YORK UNIVERSITY 70 WASHINGTON SQUARE SOUTH NEW YORK NY 10012 PC NYU CASH TRANSFER LAB 100000 NORTH KOHALA COMMUNITY RESOURCE CENTER PO BOX 519 HAWI HI 96719 PC GENERAL OPERATING SUPPORT 20000 NORTH KOHALA COMMUNITY RESOURCE CENTER PO BOX 519 HAWI HI 96719 PC NEW EQUIPMENT FOR THE KOHALA CHARGERS 3000 NORTHEASTERN ILLINOIS UNIVERSITY FOUNDATION 5500 NORTH ST LOUIS AVENUE CHICAGO IL 60625 PC TRUTH TELLING PROJECTS PANDO PROJECT 30000 OREGON STATE UNIVERSITY FOUNDATION 4238 SW RESEARCH WAY CORVALLIS OR 973331068 PC NICHE MEAT PROCESSOR ASSISTANCE NETWORK (NMPAN) PROJECT 5000 PACIFIC GATEWAY CENTER 723C UMI STREET HONOLULU HI 96819 PC GENERAL OPERATING SUPPORT 6000 PACIFIC LUTHERAN UNIVERSITY 12180 PARK AVE S TACOMA WA 98447 PC GENERAL OPERATING SUPPORT 75 PIONEER WORKS ART FOUNDATION 159 PIONEER STREET BROOKLYN NY 11231 PC GENERAL OPERATING SUPPORT 30000 RAINBOW CENTER 2215 PACIFIC AVENUE TACOMA WA 98402 PC GENERAL OPERATING SUPPORT 2000 ROULETTE INTERMEDIUM INC 30 THIRD AVENUE SUITE 208 BROOKLYN NY 11217 PC GENERAL OPERATING SUPPORT 30000 RUDOLF STEINER FOUNDATION INC PO BOX 2007 SAN FRANCISCO CA 94126 PC RSF SOCIAL FINANCE - CLEMENTINE FUND DONOR ADVISED FUND 25500 SAINT PATRICK CATHOLIC SCHOOL 1112 N G ST TACOMA WA 98403 PC GENERAL OPERATING SUPPORT 1300 SLOW FOOD USA 9322 3RD AVE 402 BROOKLYN NY 11209 PC GENERAL OPERATING SUPPORT 15000 STREET PSALMS 1001 YAKIMA AVE SUITE 15 TACOMA WA 98405 PC GENERAL OPERATING SUPPORT 300 STUDY GROUP ON THE LIGHT OF THE GOSPEL 81 ADAMS ST NEWARK NJ 071052305 PC GENERAL OPERATING SUPPORT 10000 SUMMERTIME GALLERY INC 145 AINSLIE ST BROOKLYN NY 112114809 PC GENERAL OPERATING SUPPORT 10000 TEWA WOMEN UNITED PO BOX 397 SANTA CRUZ CA 87567 PC GENERAL OPERATING SUPPORT 5000 THE FOOD BASKET INC 40 HOLOMUA ST HILO HI 96720 PC GENERAL OPERATING SUPPORT 20000 THE FOOD BASKET INC 40 HOLOMUA ST HILO HI 96720 PC GENERAL OPERATING SUPPORT 10000 THE RUSSELL FAMILY FOUNDATION PO BOX 2567 GIG HARBOR WA 98335 PF PORTION OF QUALIFYING DISTRIBUTIONS ATTRIBUTABLE TO THE FOUNDATION AS PART OF THE SIGNIFICANT DISTRIBUTION OF ASSETS FROM THE RUSSELL FAMILY FOUNDATION (91-1663336) DURING THE YEAR, PURSUANT TO TREAS REG 1.507-3. 73624 TIDES FOUNDATION PO BOX 889389 LOS ANGELES CA 90088 PC MOVEMENT VOTER FUND AT TIDES FOUNDATION 50000 UNITED NATIONS FOUNDATION INC 1750 PENNSYLVANIA AVENUE NW WASHINGTON DC 20006 PC WOMEN HUMAN RIGHTS DEFENDERS PROGRAM 20000 UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH INSTITUTE 3901 RAINBOW BLVD KANSAS CITY KS 661608500 SO I ALPHA-LIPOIC STUDY 46000 URBAN GRACE 6303 S 120TH EAST AVE BROKEN ARROW OK 74012 PC GENERAL OPERATING SUPPORT 325 VASHON CENTER FOR THE ARTS PO BOX 576 VASHON WA 98070 PC GENERAL OPERATING SUPPORT 10000 WOMEN IN RANCHING INC PO BOX 76 COHAGEN MT 593220076 PC GENERAL OPERATING SUPPORT 5000 WORLD CENTRAL KITCHEN INC 200 MASSACHUSETTS AVE NW WASHINGTON DC 20001 PC CHEFS FOR UKRAINE 8000 YWCA PIERCE COUNTY 405 BROADWAY TACOMA WA 98402 PC GENERAL OPERATING SUPPORT 700 941624 MOVEMENT VOTER PROJECT 37 BRIDGE ST 749 NORTHAMPTON MA 01061 NC EXPANDING DEMOCRACY IN TEXAS 100000 NEW YORK UNIVERSITY 70 WASHINGTON SQUARE SOUTH NEW YORK NY 10012 PC NYU CASH TRANSFER LAB 200000 TIDES FOUNDATION PO BOX 889389 LOS ANGELES CA 90088 PC MOVEMENT VOTER FUND AT TIDES FOUNDATION 100000 400000 PRI INVESTMENT INCOME 61800 14 373309 18 -587739 DEFERRED TAX BENEFIT 01 100000 0 -114430 61800 -52630 1A PROGRAM RELATED INVESTMENT INCOME 1 0 0 0 0 0 0 0 0 1a(1) 50000 VOTER MOVEMENT PROJECT (FS ALL HANDS ON DECK NETWORK INC) IN SUPPORT OF THE MOVEMENT VOTER FUND WORK TO EXPAND DEMOCRACY IN TEXAS. SPECIFICALLY, THIS GRANT WILL PROVIDE $25,000 PER YEAR OVER THREE YEARS FOR EACH OF TWO OF OUR KEY PARTNERS IN TEXAS, MOVE TEXAS ACTION FUND AND THE TEXAS FREEDOM NETWORK. THESE GRANTS WILL NOT BE USED FOR LOBBYING OR POLITICAL ACTIVITIES. MISSION OF THE MOVEMENT VOTER FUND: THE MISSION OF THE MOVEMENT VOTER FUND IS TO STRENGTHEN AND EXPAND MULTIRACIAL DEMOCRACY BY INVESTING DEEPLY IN GRASSROOTS ORGANIZING, PROVIDING THE CONSISTENT, MULTI-YEAR, AND DEPENDABLE RESOURCES NEEDED TO BUILD POWER IN VULNERABLE COMMUNITIES, AND BOTH SUSTAIN BUILD ON PAST GAINS IN COMMUNITY POWER YEAR AFTER. 0 ACCOUNTING FEES 61308 30654 0 27203 BEDOWIN260 CAPITAL MANAGEMENT LLC 2457 COLLINS AVENUE SUITE 701 MIAMI BEACH FL 33140 2021-07-28 1000000 LOAN PROGRAM-RELATED INVESTMENT TO SUPPORT THE FOLLOWING ACTIVITIES, IN SIGNIFICANT FURTHERANCE OF THE LENDER'S CHARITABLE PURPOSES UNDER SECTIONS 170(C)(2)(B) AND 501(C)(3) OF THE CODE:A. TRAINING EMERGING FUND MANAGERS FROM MINORITY AND OTHER UNDERREPRESENTED POPULATIONS ("MANAGERS") FOR THE PURPOSE OF IMPROVING AND DEVELOPING THEIR CAPABILITIES AS FUND MANAGERS;B. EDUCATING INVESTORS ABOUT BARRIERS TO DIVERSITY IN FUND MANAGEMENT, INCLUDING INEQUITY, BIAS, AND DISCRIMINATION IN THE FIELD; AND APPROACHES TO COMBATTING SUCH INEQUITY, BIAS AND DISCRIMINATION TO PROMOTE DIVERSITY; ANDC. PROVIDING MENTORING, EDUCATION, PEER-LEARNING, AND OTHER SUPPORT TO MANAGERS IN ORDER TO REDUCE INEQUITY, BIAS, AND DISCRIMINATION IN THE FIELD OF INVESTMENT FUND MANAGEMENT. 1000000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 10/14/22, 12/20/22 MOVEMENT VOTER PROJECT (FS ALL HANDS ON DECK NETWORK INC) 37 BRIDGE ST BOX 749 NORTHAMPTON MA 01061 2022-07-11 50000 IN SUPPORT OF THE MOVEMENT VOTER FUND WORK TO EXPAND DEMOCRACY IN TEXAS. SPECIFICALLY, THIS GRANT WILL PROVIDE $25,000 PER YEAR OVER THREE YEARS FOR EACH OF TWO OF OUR KEY PARTNERS IN TEXAS, MOVE TEXAS ACTION FUND AND THE TEXAS FREEDOM NETWORK. THESE GRANTS WILL NOT BE USED FOR LOBBYING OR POLITICAL ACTIVITIES.MISSION OF THE MOVEMENT VOTER FUND: THE MISSION OF THE MOVEMENT VOTER FUND IS TO STRENGTHEN AND EXPAND MULTIRACIAL DEMOCRACY BY INVESTING DEEPLY IN GRASSROOTS ORGANIZING, PROVIDING THE CONSISTENT, MULTI-YEAR, AND DEPENDABLE RESOURCES NEEDED TO BUILD POWER IN VULNERABLE COMMUNITIES, AND BOTH SUSTAIN BUILD ON PAST GAINS IN COMMUNITY POWER YEAR AFTER. 50000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 08/09/2023 FORM 990-PF, PARTS IX, X, XI, AND XII CLEMENTINE FUND SUCCEEDED TO CERTAIN TAX ATTRIBUTES OF THE RUSSELL FAMILY FOUNDATION (EIN 91-1663336) UPON A CONTRIBUTION OF A SIGNIFICANT DISTRIBUTION OF THE RUSSELL FAMILY FOUNDATION'S ASSETS DURING CALENDAR YEAR ENDED DECEMBER 31, 2022.THESE TAX ATTRIBUTES ARE REPORTED ON CLEMENTINE FUND'S 2022 FORM 990-PF. THEREFORE, ON THE RETURN, THE FOLLOWING ADJUSTMENTS HAVE MADE TO REFLECT THE CONTRIBUTION: CLEMENTINE FUND'S MINIMUM INVESTMENT RETURN CALCULATION REPORTED IN PART IX, DISTRIBUTABLE AMOUNT REPORTED IN PART X, QUALIFYING DISTRIBUTIONS REPORTED IN PARTS I & XI, AND THE EXCESS DISTRIBUTIONS IN PART XII. FIDELITY: FOREFRONT - DETAIL AVAILABLE UPON REQUEST 978951 978951 FIDELITY: INVESCO - DETAIL AVAILABLE UPON REQUEST 4459159 4459159 FIDELITY: APERIO - DETAIL AVAILABLE UPON REQUEST 6349184 6349184 FIDELITY: FOREFRONT - DETAIL AVAILABLE UPON REQUEST 574081 574081 FIDELITY: PRIMARY - DETAIL AVAILABLE UPON REQUEST 4288808 4288808 552455 552455 175204 175204 NOEMIS VENTURES, LP FMV 692646 692646 AKO GLOBAL FUND LIMITED CL A2 FMV 1449115 1449115 FUNDSMITH SUSTAINABLE EQUITY FUND FMV 2272360 2272360 GENERATION IM GLOBAL EQUITY FUND LLC FMV 2292014 2292014 IMPACT WORLD EQUITY FUND, LP FMV 4612352 4612352 CROSSTIMBERS OPPORTUNITY FUND II FMV 304853 304853 GLOBAL IMPACT ACCESS FMV 379259 379259 F7 VENTURES FMV 472338 472338 HYBRID EQUITY FMV 1019974 1019974 ALTIPIPE FMV 999992 999992 GREEN BACKER FMV 1350000 1350000 LEGAL FEES 35701 0 0 46003 TRANSFER RECEIVABLE 4593032 0 0 PROGRAM RELATED INVESTMENTS: BEDOWIN 1030000 1091800 1091800 FIDELITY: INVESCO DETAIL AVALIABLE UPON REQUEST 0 32339 32339 COST BASIS ADJUSTMENTS 29489 UNREALIZED GAIN/LOSS 6567437 INSURANCE 1540 0 0 4266 BANK FEES 12 0 0 12 OFFICE SUPPLIES 8496 0 0 8496 MEMBERSHIPS & ASSOCIATIONS 12955 0 0 16452 GRANT MANAGEMENT SOFTWARE 8333 0 0 14583 SUBSCRIPTIONS 4339 0 0 4339 ACTIVITY FROM PASSTHROUGH INVESTMENTS 0 210211 0 0 OTHER EXPENSES 14828 0 0 14828 ACTIVITY FROM PASSTHROUGH INVESTMENTS 0 -28372 0 PRI INVESTMENT INCOME 61800 61800 61800 DEFERRED TAX BENEFIT 100000 0 DEFERRED EXCISE TAXES PAYABLE 100000 0 OTHER PROFESSIONAL FEES 54646 0 0 67822 INVESTMENT FEES 202248 186852 0 0 FILING FEES 10110 0 0 10110 FOREIGN TAXES 0 18542 0 0