SARAH SCAIFE FOUNDATION INC: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: SARAH SCAIFE FOUNDATION INC (EIN 25-1113452)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-11-14
IRS object ID: 202323189349101532
Schema version: 2022v5.0
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
All Oth Prog Rltd Investments Sch
General Explanation Attachment
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Other Schedule2
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-11-14T09:23:15-06:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	410746749	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CLIFTONLARSONALLEN LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	150 S WARNER ROAD SUITE 310	AddressLine1Txt
City	KING OF PRUSSIA	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19406	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	251113452	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SARAH SCAIFE FOUNDATION INCORPORATED	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	SARA	BusinessNameControlTxt
Phone	4123922900	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	301 GRANT ST ONE OXFORD CTR STE3	AddressLine1Txt
City	PITTSBURGH	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	152196402	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MICHAEL W GELBA	PersonNm
Person Title	CHAIRMAN & CEO	PersonTitleTxt
Phone	4123922900	PhoneNum
Signature	2023-11-04	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	MICHAEL	PersonFirstNm
Person Last	GELBA	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	FRANK GIARDINI	PreparerPersonNm
PTIN	P00532355	PTIN
Phone	2156433900	PhoneNum
Preparation	2023-11-04	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$849,445,155	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	$714,822	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$714,822	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$17,095,418	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$17,452,130	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$3,265,824	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$401,160,595	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$3,730,299	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$1,273,009	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	-$146,764	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$22,349,073	TotalRevAndExpnssAmt
Total Net Invst Incm	$21,750,487	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$1,324,350	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$187,040	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$1,137,310	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$119,105	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$12,626	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$106,479	OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$418,349	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$57,325	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$357,083	PensionEmplBnftDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$51,241	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$7,088	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$44,153	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$1,630,967	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$1,616,728	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$14,239	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$297,276	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$0	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$130,801	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$0	DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss	$196,023	OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm	$31,569	OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl	$196,646	OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$69,951	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$69,951	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$116,229	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$13,274	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$104,025	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$4,354,292	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$1,925,650	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$2,029,886	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$45,967,955	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$46,017,955	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$50,322,247	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$1,925,650	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$48,047,841	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$27,973,174	ExcessRevenueOverExpensesAmt
Net Investment Income	$19,824,837	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$15,084	CashBOYAmt
Cash EOY	$14,439	CashEOYAmt
Cash EOYFMV	$14,439	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$57,480,721	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$48,455,717	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$48,512,695	SavAndTempCashInvstEOYFMVAmt
Prepaid Expenses BOY	$21,189	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$22,260	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$22,260	PrepaidExpensesEOYFMVAmt
US Government Obligations BOY	$18,138,222	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$17,532,036	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$15,655,389	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$178,380,934	CorporateStockBOYAmt
Corporate Stock EOY	$168,861,577	CorporateStockEOYAmt
Corporate Stock EOYFMV	$349,819,403	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$46,041,065	CorporateBondsBOYAmt
Corporate Bonds EOY	$36,806,399	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$33,001,985	CorporateBondsEOYFMVAmt
Other Investments BOY	$344,173,473	OtherInvestmentsBOYAmt
Other Investments EOY	$344,457,965	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$400,694,308	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$1,062,089	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$643,923	LandBldgEquipAccumDeprecAmt
Land BOY	$547,021	LandBOYAmt
Land EOY	$418,166	LandEOYAmt
Land EOYFMV	$418,166	LandEOYFMVAmt
Other Assets BOY	$216,790	OtherAssetsBOYAmt
Other Assets EOY	$1,306,510	OtherAssetsEOYAmt
Other Assets EOYFMV	$1,306,510	OtherAssetsEOYFMVAmt
Total Assets BOY	$645,014,499	TotalAssetsBOYAmt
Total Assets EOY	$617,875,069	TotalAssetsEOYAmt
Total Assets EOYFMV	$849,445,155	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$214,092	AccountsPayableBOYAmt
Accounts Payable EOY	$185,840	AccountsPayableEOYAmt
Grants Payable BOY	$500,000	GrantsPayableBOYAmt
Grants Payable EOY	$450,000	GrantsPayableEOYAmt
Other Liabilities BOY	$0	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$911,996	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$714,092	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,547,836	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$644,300,407	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$616,327,233	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$644,300,407	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$616,327,233	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$645,014,499	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$617,875,069	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$644,300,407	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$27,973,174	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$616,327,233	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$616,327,233	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)

PropertyPropertyDesc	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	How AcquiredHowAcquiredCd
PUBLICALLY TRADED SECURITIES	2022-01-01	2022-12-31	$399,407,514	$397,430,296	$1,977,218	$1,977,218
COWEN HEALTHCARE INVESTMENTS IV LP	2022-01-01	2022-12-31	$211,419		$211,419	$211,419	P
HAMILTON LANE MARKET STREET OPP FUND	2022-01-01	2022-12-31	$192,037		$192,037	$192,037	P
HAMILTON LANE MARKET STREET OPP FUND II	2022-01-01	2022-12-31	$41,490		$41,490	$41,490	P
GROSVENOR CUSTOMIZED INFRASTRUCTURE STRATEGIES III	2022-01-01	2022-12-31	$17,317		$17,317	$17,317	P
HUDSON BAY FUND LP	2022-01-01	2022-12-31	$2,212		$2,212	$2,212	P
CAPITAL GAINS DIVIDENDS			$1,288,606		$1,288,606	$1,288,606	P

Field	Value	IRS element (for citing)
Capital Gain Net Income	$3,730,299	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$275,565	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$275,565	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$275,565	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$678,514	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$678,514	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$0	EsPenaltyAmt
Overpayment	$402,949	OverpaymentAmt
Applied To ES Tax	$402,949	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	PA	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.SCAIFE.COM	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	SARAH SCAIFE FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4123922900	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	301 GRANT ST STE 3900	AddressLine1Txt
City	PITTSBURGH	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	152196402	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	Yes (1)	BusinessHoldingsInd
Excess Business Holdings	0	ExcessBusinessHoldingsInd
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 (11 entries)

Address Line1USAddress/AddressLine1Txt	Address Line2USAddress/AddressLine2Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
MICHAEL W GLEBA
ONE OXFORD CENTRE 301 GRANT STREET	SUITE 3900	PITTSBURGH	PA	152196402	CHAIRMAN/CEO, TREASURER & TRUSTEE	40.00	$672,800	$61,750	$0
MONTGOMERY B BROWN
ONE OXFORD CENTRE 301 GRANT STREET	SUITE 3900	PITTSBURGH	PA	152196402	VICE PRESIDENT	40.00	$357,750	$61,750	$0
LINDA M BUCKLEY
ONE OXFORD CENTRE 301 GRANT STREET	SUITE 3900	PITTSBURGH	PA	152196402	SECRETARY & ASSISTANT TREASURER	40.00	$157,800	$37,575	$0
T KENNETH CRIBB JR
ONE OXFORD CENTRE 301 GRANT STREET	SUITE 3900	PITTSBURGH	PA	152196402	TRUSTEE	1.00	$17,000	$0	$0
EDWIN J FEULNER JR
ONE OXFORD CENTRE 301 GRANT STREET	SUITE 3900	PITTSBURGH	PA	152196402	TRUSTEE	1.00	$17,000	$0	$0
ROGER KIMBALL
ONE OXFORD CENTRE 301 GRANT STREET	SUITE 3900	PITTSBURGH	PA	152196402	TRUSTEE	1.00	$17,000	$0	$0
EUGENE B MEYER
ONE OXFORD CENTRE 301 GRANT STREET	SUITE 3900	PITTSBURGH	PA	152196402	TRUSTEE	1.00	$17,000	$0	$0
ROGER W ROBINSON JR
ONE OXFORD CENTRE 301 GRANT STREET	SUITE 3900	PITTSBURGH	PA	152196402	TRUSTEE	1.00	$17,000	$0	$0
JAMES C RODDEY
ONE OXFORD CENTRE 301 GRANT STREET	SUITE 3900	PITTSBURGH	PA	152196402	TRUSTEE	1.00	$17,000	$0	$0
CHRISTINE J TORETTI
ONE OXFORD CENTRE 301 GRANT STREET	SUITE 3900	PITTSBURGH	PA	152196402	TRUSTEE	1.00	$17,000	$0	$0
MATTHEW A GROLL
ONE OXFORD CENTRE 301 GRANT STREET	SUITE 3900	PITTSBURGH	PA	152196402	TRUSTEE	1.00	$17,000	$0	$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp

Field	Value	IRS element (for citing)
Person	COLLEEN M XENAKIS	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	301 GRANT STREET SUITE 3900	AddressLine1Txt
City	PITTSBURGH	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	152196402	ZIPCd

Field	Value	IRS element (for citing)
Title	ACCOUNTANT	TitleTxt
Average Hrs Per Wk Devoted To Pos	20.00	AverageHrsPerWkDevotedToPosRt
Compensation	$84,175	CompensationAmt
Employee Benefits	$20,784	EmployeeBenefitsAmt
Expense Account	$0	ExpenseAccountAmt

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

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
PNC FINANCIAL SERVICES GROUP
300 5TH AVENUE	PITTSBURGH	PA	15222	FISCAL AGENT/ADMINISTRATION	$715,061
EAGLE CAPITAL MANAGEMENT
499 PARK AVENUE 17TH FLOOR	NEW YORK	NY	10022	FUND MANAGER	$293,423
EDGEWOOD MANAGEMENT
600 STEAMBOAT ROAD SUITE 103	GREENWICH	CT	06830	FUND MANAGER	$197,719
HARDMAN JOHNSTON GLOBAL ADVISORS
300 ATLANTIC ST SUITE 601	STAMFORD	CT	06901	FUND MANAGER	$184,378
LMCG INVESTMENTS LLC
201 WASHINGTON STREET 29TH FL	BOSTON	MA	02108	FUND MANAGER	$51,263

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

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt
Expenses1	$0	Expenses1Amt
All Other Program Rltd Invst Tot	$0	AllOtherProgramRltdInvstTotAmt
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$914,994,592	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$26,349	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$915,020,941	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$915,020,941	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$13,725,314	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$901,295,627	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$45,064,781	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$45,064,781	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$275,565	TaxBasedOnInvestmentIncomeAmt
Total Tax	$275,565	TotalTaxAmt
Distributable Before Adj	$44,789,216	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$44,789,216	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$44,789,216	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$48,047,841	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid	$1,677	CharitableAssetsAcquisPaidAmt
Qualifying Distributions	$48,049,518	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$44,789,216	DistributableAsAdjustedAmt
Undistributed Income PY	$5,877,669	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$48,049,518	QualifyingDistributionsAmt
Applied To Year1	$5,877,669	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$42,171,849	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$0	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$2,617,367	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	MICHAEL W GLEBA CHAIRMAN AND CEO	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	301 GRANT ST ONE OXFORD CTR STE3900	AddressLine1Txt
City	PITTSBURGH	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	152196402	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	4123922900	RecipientPhoneNum
Form And Info And Materials	SEE STATEMENT 15	FormAndInfoAndMaterialsTxt
Submission Deadlines	SEE STATEMENT 15	SubmissionDeadlinesTxt
Restrictions On Awards	SEE STATEMENT 15	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (184 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt	Address Line1RecipientForeignAddress/AddressLine1Txt	CityRecipientForeignAddress/CityNm	Province Or StateRecipientForeignAddress/ProvinceOrStateNm	CountryRecipientForeignAddress/CountryCd	Foreign PostalRecipientForeignAddress/ForeignPostalCd
ACTON INSTITUTE FOR THE STUDY OF RELIGION AND LIBERTY
98 E FULTON STREET	GRAND RAPIDS	MI	49503	NONE	PC	PROGRAM AND PROJECT SUPPORT	$275,000
ALEXANDER HAMILTON SOCIETY THE
1875 CONNECTICUT AVENUE NW 10TH	WASHINGTON	DC	20009	NONE	PC	GENERAL OPERATING SUPPORT	$300,000	FLOOR
ALLEGHENY INSTITUTE FOR PUBLIC POLICY
305 MT LEBANON BOULEVARD SUITE 208	PITTSBURGH	PA	15234	NONE	PC	GENERAL OPERATING SUPPORT	$200,000
AMERICAN BAR ASSOCIATION FUND FOR JUSTICE AND EDUCATION
1050 CONNECTICUT AVENUE NW 4TH	WASHINGTON	DC	20036	NONE	PC	STANDING COMMITTEE ON LAW AND NATIONAL SECURITY	$100,000	FLOOR
AMERICAN CONSTITUTIONAL RIGHTS UNION
405 5TH AVENUE SOUTH SUITE 7C	NAPLES	FL	34102	NONE	PC	GENERAL OPERATING AND PROGRAM SUPPORT	$100,000
AMERICAN COUNCIL OF TRUSTEES AND ALUMNI
1730 M STREET NW SUITE 600	WASHINGTON	DC	20036	NONE	PC	GENERAL OPERATING SUPPORT	$125,000
AMERICAN COUNCIL ON SCIENCE AND HEALTH
135 MADISON AVENUE 5TH FLOOR 06-114	NEW YORK	NY	100166745	NONE	PC	GENERAL OPERATING SUPPORT	$90,000
AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH
1789 MASSACHUSETTS AVENUE NW	WASHINGTON	DC	20036	NONE	PC	THE CHINA CHALLENGE	$225,000
AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH
1789 MASSACHUSETTS AVENUE NW	WASHINGTON	DC	20036	NONE	PC	DEFENSE POLICY STUDIES	$275,000
AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH
1789 MASSACHUSETTS AVENUE NW	WASHINGTON	DC	20036	NONE	PC	MIDDLE EAST POLICY STUDIES PROGRAM	$250,000
AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH
1789 MASSACHUSETTS AVENUE NW	WASHINGTON	DC	20036	NONE	PC	HOUSING CENTER	$225,000
AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH
1789 MASSACHUSETTS AVENUE NW	WASHINGTON	DC	20036	NONE	PC	JEANE KIRKPATRICK FELLOWSHIP AND SCHOLARS PROGRAM	$500,000
AMERICAN FOREIGN POLICY COUNCIL
509 C STREET NE	WASHINGTON	DC	20002	NONE	PC	GENERAL OPERATING AND PROGRAM SUPPORT	$504,400
AMERICAN INSTITUTE FOR ECONOMIC RESEARCH INC
250 DIVISION STREET	GREAT BARRINGTON	MA	01230	NONE	PC	PROGRAM SUPPORT	$100,000
AMERICAN LEGISLATIVE EXCHANGE COUNCIL
2900 CRYSTAL DRIVE SUITE 600	ARLINGTON	VA	22202	NONE	PC	GENERAL OPERATING SUPPORT	$100,000
AMERICAN PRIVATE RADIO
1723-B UNIVERSITY AVENUE SUITE 361	OXFORD	MS	38655	NONE	PC	GENERAL OPERATING SUPPORT	$200,000
AMERICAN TRANSPARENCY
3 GRANT SQUARE SUITE 355	HINSDALE	IL	60521	NONE	PC	OPEN THE BOOKS PROJECT	$100,000
AMERICA'S FUTURE FOUNDATION
1367 CONNECTICUT AVENUE NW SUITE	WASHINGTON	DC	20036	NONE	PC	TALENT MARKET LLC	$50,000	200
AMERICA'S FUTURE FOUNDATION
1367 CONNECTICUT AVENUE NW SUITE	WASHINGTON	DC	20036	NONE	PC	GENERAL OPERATING SUPPORT	$125,000	200
ARCHBRIDGE INSTITUTE
1633 CONNECTICUT AVENUE NW SUITE	WASHINGTON	DC	20009	NONE	PC	GENERAL OPERATING SUPPORT	$150,000	300
ASHLAND UNIVERSITY
401 COLLEGE AVENUE	ASHLAND	OH	44805	NONE	PC	ASHBROOK CENTER, PROGRAM SUPPORT	$400,000
ASSOCIATION OF AMERICAN EDUCATORS FOUNDATION
25909 PALA SUITE 330	MISSION VIEJO	CA	92691	NONE	PC	GENERAL OPERATING SUPPORT	$150,000
ATLANTIC LEGAL FOUNDATION
500 MAMARONECK AVENUE SUITE 320	HARRISON	NY	10528	NONE	PC	GENERAL OPERATING SUPPORT	$85,000
ATLAS ECONOMIC RESEARCH FOUNDATION
4075 WILSON BOULEVARD SUITE 310	ARLINGTON	VA	22203	NONE	PC	PRAGUE SECURITY STUDIES INSTITUTE	$120,000
ATLAS ECONOMIC RESEARCH FOUNDATION
4075 WILSON BOULEVARD SUITE 310	ARLINGTON	VA	22203	NONE	PC	GENERAL OPERATING AND PROGRAM SUPPORT	$450,000
BECKET FUND
1919 PENNSYLVANIA AVENUE NW SUITE	WASHINGTON	DC	20006	NONE	PC	GENERAL OPERATING SUPPORT	$275,000	400
BENJAMIN RUSH INSTITUTE
PO BOX 610-001	DFW AIRPORT	TX	752610001	NONE	PC	PROGRAM SUPPORT	$75,000
BILL OF RIGHTS INSTITUTE
1310 NORTH COURTHOUSE ROAD SUITE	ARLINGTON	VA	22201	NONE	PC	PROJECT SUPPORT	$320,000	620
BIPARTISAN POLICY CENTER INC
1225 EYE STREET NW SUITE 1000	WASHINGTON	DC	20005	NONE	PC	PROJECT SUPPORT	$100,000
BIPARTISAN POLICY CENTER INC
1225 EYE STREET NW SUITE 1000	WASHINGTON	DC	20005	NONE	PC	CAMPUS FREE EXPRESSION PROJECT	$125,000
BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY THE
434 GALVEZ MALL	STANFORD	CA	943056003	NONE	PC	HOOVER INSTITUTION ON WAR, REVOLUTION AND PEACE	$1,150,000
BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY THE
434 GALVEZ MALL	STANFORD	CA	943056003	NONE	PC	STANFORD CIVICS INITIATIVE	$110,900
BRAVER ANGELS INC
733 3RD AVENUE FLOOR 16	NEW YORK	NY	10017	NONE	PC	PROGRAM SUPPORT	$100,000
BUCKEYE INSTITUTE THE
88 EAST BROAD STREET SUITE 1300	COLUMBUS	OH	43215	NONE	PC	PROGRAM SUPPORT	$185,000
CAPITAL RESEARCH CENTER
1513 16TH STREET NW	WASHINGTON	DC	200361480	NONE	PC	GENERAL OPERATING SUPPORT	$500,000
CATHOLIC UNIVERSITY OF AMERICA
620 MICHIGAN AVENUE NE	WASHINGTON	DC	20064	NONE	PC	CENTER FOR HUMAN RIGHTS, FELLOWSHIP SUPPORT	$50,000
CATHOLIC UNIVERSITY OF AMERICA
620 MICHIGAN AVENUE NE	WASHINGTON	DC	20064	NONE	PC	ROPKE-WOJTYLA FELLOWSHIP PROGRAM	$70,000
CATO INSTITUTE
1000 MASSACHUSETTS AVENUE NW	WASHINGTON	DC	200015403	NONE	PC	CENTER FOR GLOBAL LIBERTY AND PROSPERITY	$180,000
CENTER FOR ADVANCED CHINA RESEARCH
1629 K STREET NW SUITE 300	WASHINGTON	DC	20006	NONE	PC	PROGRAM AND PROJECT SUPPORT	$235,000
CENTER FOR AMERICAN CULTURE AND IDEAS
5230 N APACHE HILLS TRAIL	TUCSON	AZ	85750	NONE	PC	GENERAL OPERATING SUPPORT	$120,000
CENTER FOR AMERICAN GREATNESS INC
3104 E CAMELBACK ROAD 907	PHOENIX	AZ	85016	NONE	PC	GENERAL OPERATING SUPPORT	$80,000
CENTER FOR COMMON SENSE IN SCIENCE
300 S RIVERSIDE PLAZA SUITE 1625	CHICAGO	IL	60606	NONE	PC	PROJECT SUPPORT	$120,000
CENTER FOR EQUAL OPPORTUNITY
1054 31ST STREET NW SUITE 330	WASHINGTON	DC	20007	NONE	PC	GENERAL OPERATING SUPPORT	$150,000
CENTER FOR EUROPEAN POLICY ANALYSIS
1275 PENNSYLVANIA AVENUE NW SUITE	WASHINGTON	DC	200042454	NONE	PC	PROGRAM SUPPORT	$258,720	400
CENTER FOR IMMIGRATION STUDIES INC
1629 K STREET NW SUITE 600	WASHINGTON	DC	20006	NONE	PC	GENERAL OPERATING SUPPORT	$250,000
CENTER FOR INDIVIDUAL RIGHTS
1100 CONNECTICUT AVENUE NW SUITE	WASHINGTON	DC	20036	NONE	PC	GENERAL OPERATING SUPPORT	$150,000	625
CENTER FOR SECURITY POLICY INC
2020 PENNSYLVANIA AVEUE NW SUITE	WASHINGTON	DC	20006	NONE	PC	GENERAL OPERATING SUPPORT	$300,000	189
CENTER FOR STRATEGIC AND BUDGETARY ASSESSMENTS
1667 K STREET NW SUITE 900	WASHINGTON	DC	20006	NONE	PC	PROJECT SUPPORT	$250,000
CENTER FOR STRATEGIC AND INTERNATIONAL STUDIES INC
1616 RHODE ISLAND AVENUE NW	WASHINGTON	DC	20036	NONE	PC	THE GEORGE C. MARSHALL MISSILE DEFENSE PROJECT	$500,000
CENTER FOR STRATEGIC AND INTERNATIONAL STUDIES INC
1616 RHODE ISLAND AVENUE NW	WASHINGTON	DC	20036	NONE	PC	TRANSNATIONAL THREATS PROJECT	$500,000
CENTER FOR THE STUDY OF TECHNOLOGY AND SOCIETY INC
1730 M STREET NW SUITE 910	WASHINGTON	DC	20036	NONE	PC	GENERAL OPERATING SUPPORT	$150,000
CERTELL INC
2201 E 46TH STREET SUITE 302	INDIANAPOLIS	IN	46205	NONE	PC	GENERAL OPERATING SUPPORT	$300,000
CHRISTOPHER NEWPORT UNIVERSITY EDUCATIONAL FOUNDATION INC
1 AVENUE OF THE ARTS	NEWPORT NEWS	VA	236063072	NONE	PC	CENTER FOR AMERICAN STUDIES	$75,000
CITIZENS' COUNCIL FOR HEALTH FREEDOM
161 ST ANTHONY AVENUE SUITE 923	ST PAUL	MN	55103	NONE	PC	GENERAL OPERATING SUPPORT	$150,000
CLAREMONT INSTITUTE FOR THE STUDY OF STATESMANSHIP & POLITICAL PHILOSOPHY
1317 W FOOTHILL BOULEVARD SUITE 120	UPLAND	CA	91786	NONE	PC	GENERAL OPERATING SUPPORT	$480,000
CO2 COALITION INC
1621 NORTH KENT STREET SUITE 603	ARLINGTON	VA	22209	NONE	PC	GENERAL OPERATING SUPPORT	$200,000
COLLEGIATE NETWORK INC
FM KIRBY CAMPUS 3901 CENTERVILLE	WILMINGTON	DE	198071938	NONE	PC	GENERAL OPERATING SUPPORT AND JOURNALISM FELLOWSHIPS	$390,000	ROAD
COMMITTEE FOR A CONSTRUCTIVE TOMORROW
1717 PENNSYLVANIA AVENUE NW SUITE	WASHINGTON	DC	20006	NONE	PC	GENERAL OPERATING SUPPORT	$130,000	1025
COMMONWEALTH FOUNDATION FOR PUBLIC POLICY ALTERNATIVES THE
225 STATE STREET SUITE 302	HARRISBURG	PA	17101	NONE	PC	GENERAL OPERATING SUPPORT	$600,000
COMPETITIVE ENTERPRISE INSTITUTE
1310 L STREET NW 7TH FLOOR	WASHINGTON	DC	20005	NONE	PC	GENERAL OPERATING SUPPORT	$475,000
COUNCIL FOR NATIONAL POLICY INC
444 NORTH CAPITOL STREET NW SUITE	WASHINGTON	DC	20001	NONE	PC	CONSERVATIVE ACTION PROJECT	$27,000	830
CRITICAL REVIEW FOUNDATION INC
106 CAMBRIDGEPARK DRIVE SUITE 324	CAMBRIDGE	MA	02140	NONE	PC	GENERAL OPERATING SUPPORT	$50,000
DAILY CALLER NEWS FOUNDATION THE
1775 EYE STREET NW SUITE 1150-291	WASHINGTON	DC	20006	NONE	PC	PROGRAM SUPPORT	$330,000
DAVID HOROWITZ FREEDOM CENTER
14724 VENTURA BOULEVARD SUITE 820	SHERMAN OAKS	CA	91403	NONE	PC	GENERAL OPERATING SUPPORT	$100,000
DEFENSE FORUM FOUNDATION INC THE
3014 CASTLE ROAD	FALLS CHURCH	VA	22044	NONE	PC	GENERAL OPERATING SUPPORT	$85,000
DONORS TRUST INC
1800 DIAGONAL ROAD SUITE 280	ALEXANDRIA	VA	22314	NONE	PC	GALEN INSTITUTE AT DONORS LLC	$100,000
EMERGENT ORDER FOUNDATION INC
4450 FRONTIER TRAIL	AUSTIN	TX	78745	NONE	PC	FELLOWSHIP SUPPORT	$230,000
ENCOUNTER FOR CULTURE & EDUCATION INC
900 BROADWAY	NEW YORK	NY	100031239	NONE	PC	PROGRAM SUPPORT	$200,000
EQUAL VOTING RIGHTS INSTITUTE DBA AMERICAN CIVIL RIGHTS PROJECT
7140 BRIARMEADOW DRIVE	DALLAS	TX	75230	NONE	PC	GENERAL OPERATING SUPPORT	$150,000
ETHICS AND PUBLIC POLICY CENTER INC
1730 M STREET NW SUITE 910	WASHINGTON	DC	20036	NONE	PC	GENERAL OPERATING AND PROGRAM SUPPORT	$370,000
EVERGREEN FREEDOM FOUNDATION
D/B/A FREEDOM FOUNDATION PO BOX 552	OLYMPIA	WA	98507	NONE	PC	PROGRAM SUPPORT	$450,000
FAIRNESS CENTER INC THE
PO BOX 54597	OAKLAHOMA CITY	OK	73118	NONE	PC	PROGRAM SUPPORT	$325,000
FAITH AND REASON INSTITUTE
1730 M STREET NW SUITE 910	WASHINGTON	DC	20036	NONE	PC	PROGRAM SUPPORT	$85,000
FEDERALIST SOCIETY FOR LAW & PUBLIC POLICY STUDIES
1776 I STREET NW SUITE 300	WASHINGTON	DC	20006	NONE	PC	GENERAL OPERATING SUPPORT	$550,000
FEDERALIST SOCIETY FOR LAW & PUBLIC POLICY STUDIES
1776 I STREET NW SUITE 300	WASHINGTON	DC	20006	NONE	PC	PROJECT SUPPORT	$350,000
FEDERATION FOR AMERICAN IMMIGRATION REFORM
25 MASSACHUSETTS AVENUE NW SUITE	WASHINGTON	DC	20001	NONE	PC	GENERAL OPERATING SUPPORT	$250,000	330
FOREIGN POLICY RESEARCH INSTITUTE
123 S BROAD STREET SUITE 1920	PHILADELPHIA	PA	19109	NONE	PC	EURASIA PROGRAM	$300,000
FOUNDATION FOR CULTURAL REVIEW INC
900 BROADWAY SUITE 602	NEW YORK	NY	10003	NONE	PC	GENERAL OPERATING SUPPORT	$360,000
FOUNDATION FOR ECONOMIC EDUCATION INC
1819 PEACHTREE ROAD NE SUITE 300	ATLANTA	GA	30309	NONE	PC	PROGRAM SUPPORT	$250,000
FOUNDATION FOR EXCELLENCE IN HIGHER EDUCATION INC
16 STOCKTON STREET	PRINCETON	NJ	08540	NONE	PC	GENERAL OPERATING SUPPORT	$1,000,000
FOUNDATION FOR GOVERNMENT ACCOUNTABILITY INC
15275 COLLIER BLVD SUITE 201-279	NAPLES	FL	34119	NONE	PC	GENERAL OPERATING SUPPORT	$800,000
FOUNDATION FOR INDIVIDUAL RIGHTS IN EDUCATION INC
510 WALNUT STREET SUITE 1250	PHILADELPHIA	PA	19106	NONE	PC	GENERAL OPERATING SUPPORT	$400,000
FOUNDATION FOR RESEARCH ON EQUAL OPPORTUNITY THE
201 WEST FIFTH STREET SUITE 1100	AUSTIN	TX	787010060	NONE	PC	PROGRAM SUPPORT IN HEALTH POLICY AND HOUSING POLICY	$150,000
FOUNDATION FOR THE DEFENSE OF DEMOCRACIES INC
1800 M STREET NW SOUTH TOWER 8TH	WASHINGTON	DC	20036	NONE	PC	PROGRAM SUPPORT	$425,000	FLOOR
FRANKLIN NEWS FOUNDATION
200 N CLARK STREET SUITE 3300	CHICAGO	IL	60602	NONE	PC	GENERAL OPERATING SUPPORT	$400,000
FRASER INSTITUTE THE
				NONE	PC	PROGRAM SUPPORT	$60,000		1770 BURRARD STREET FOURTH FLOOR	VANCOUVER	BRITISH COLUMBIA	CA	V6J 3G7
FREE TO CHOOSE NETWORK
2002 FILMORE AVENUE	ERIE	PA	16506	NONE	PC	PROJECT SUPPORT	$300,000
FREEDOMS FOUNDATION AT VALLEY FORGE
PO BOX 67	VALLEY FORGE	PA	194810067	NONE	PC	PROGRAM SUPPORT	$75,000
FREEDOMWORKS FOUNDATION
111 K SREET NE SUITE 600	WASHINGTON	DC	20002	NONE	PC	PROGRAM SUPPORT	$275,000
FUND FOR AMERICAN STUDIES THE
1706 NEW HAMPSHIRE AVENUE NW	WASHINGTON	DC	20009	NONE	PC	FOUNDATION FOR TEACHING ECONOMICS TEACHER PROGRAMS	$150,000
FUND FOR AMERICAN STUDIES THE
1706 NEW HAMPSHIRE AVENUE NW	WASHINGTON	DC	20009	NONE	PC	NOVAK JOURNALISM FELLOWSHIP PROGRAM AND THE SUMMER LAW FELLOWSHIP PROGRAM	$230,000
GEORGE MASON UNIVERSITY FOUNDATION INC
4400 UNIVERSITY DRIVE	FAIRFAX	VA	22030	NONE	PC	ANTONIN SCALIA LAW SCHOOL NATIONAL SECURITY INSTITUTE	$600,000
GEORGE MASON UNIVERSITY FOUNDATION INC
4400 UNIVERSITY DRIVE	FAIRFAX	VA	22030	NONE	PC	CENTER FOR THE STUDY OF PUBLIC CHOICE	$80,000
GEORGE MASON UNIVERSITY FOUNDATION INC
4400 UNIVERSITY DRIVE	FAIRFAX	VA	22030	NONE	PC	LAW & ECONOMICS CENTER	$750,000
GEORGE WASHINGTON UNIVERSITY
805 21ST STREET NW	WASHINGTON	DC	20052	NONE	PC	REGULATORY STUDIES CENTER	$300,000
GEORGETOWN UNIVERSITY
37TH AND O STREET NW	WASHINGTON	DC	20057	NONE	PC	GEORGETOWN INSTITUTE FOR THE STUDY OF MARKETS AND ETHICS	$100,000
GEORGETOWN UNIVERSITY
37TH AND O STREET NW	WASHINGTON	DC	20057	NONE	PC	PROJECT SUPPORT	$79,588
GOVERNMENT ACCOUNTABILITY INSTITUTE
PO BOX 12594	TALLAHASSEE	FL	32317	NONE	PC	GENERAL OPERATING AND FELLOWSHIP PROGRAM SUPPORT	$300,000
HEARTLAND INSTITUTE
3939 NORTH WILKE ROAD	ARLINGTON HEIGHTS	IL	60004	NONE	PC	PROGRAM SUPPORT IN HEALTH CARE FREEDOM	$200,000
HERITAGE FOUNDATION
214 MASSACHUSETTS AVENUE NE	WASHINGTON	DC	200024999	NONE	PC	CENTER FOR NATIONAL DEFENSE	$500,000
HERITAGE FOUNDATION
214 MASSACHUSETTS AVENUE NE	WASHINGTON	DC	200024999	NONE	PC	BORDER SECURITY AND IMMIGRATION CENTER	$200,000
HERITAGE FOUNDATION
214 MASSACHUSETTS AVENUE NE	WASHINGTON	DC	200024999	NONE	PC	GENERAL OPERATING SUPPORT	$800,000
HILLSDALE COLLEGE
33 EAST COLLEGE STREET	HILLSDALE	MI	49242	NONE	PC	THE STEVE AND AMY VAN ANDEL GRADUATE SCHOOL OF GOVERNMENT	$200,000
HUDSON INSTITUTE INC
1201 PENNSYLVANIA AVENUE NW 4TH	WASHINGTON	DC	20004	NONE	PC	POLITICAL STUDIES PROGRAM	$350,000	FLOOR
HUDSON INSTITUTE INC
1201 PENNSYLVANIA AVENUE NW 4TH	WASHINGTON	DC	20004	NONE	PC	KEYSTONE DEFENSE INITIATIVE	$90,000	FLOOR
HUDSON INSTITUTE INC
1201 PENNSYLVANIA AVENUE NW 4TH	WASHINGTON	DC	20004	NONE	PC	CENTER FOR RELIGIOUS FREEDOM	$115,000	FLOOR
HUDSON INSTITUTE INC
1201 PENNSYLVANIA AVENUE NW 4TH	WASHINGTON	DC	20004	NONE	PC	CENTER FOR AMERICAN CULTURE	$50,000	FLOOR
HUDSON INSTITUTE INC
1201 PENNSYLVANIA AVENUE NW 4TH	WASHINGTON	DC	20004	NONE	PC	PROJECT SUPPORT	$115,000	FLOOR
HUMAN RIGHTS FOUNDATION THE
EMPIRE STATE BUILDING 4202 350 5TH	NEW YORK	NY	10118	NONE	PC	GENERAL OPERATING SUPPORT	$250,000	AVENUE
IN MEDIAS RES DBA ADVANCED STUDIES IN CULTURE
FOUNDATION PO BOX 5425	CHARLOTTESVILLE	VA	22905	NONE	PC	PROJECT SUPPORT	$106,920
INDEPENDENT INSTITUTE THE
100 SWAN WAY SUITE 200	OAKLAND	CA	946211459	NONE	PC	PROGRAM SUPPORT	$150,000
INDEPENDENT WOMEN'S FORUM
4 WEEMS LANE 312	WINCHESTER	VA	22601	NONE	PC	GENERAL OPERATING SUPPORT	$300,000
INSTITUTE FOR ENERGY RESEARCH
1155 15TH STREET NW SUITE 525	WASHINGTON	DC	20005	NONE	PC	GENERAL OPERATING SUPPORT	$100,000
INSTITUTE FOR FAMILY STUDIES THE
PO BOX 1502	CHARLOTTESVILLE	VA	22902	NONE	PC	GENERAL OPERATING SUPPORT	$120,000
INSTITUTE FOR FREE SPEECH
1150 CONNECTICUT AVENUE NW SUITE	WASHINGTON	DC	20036	NONE	PC	GENERAL OPERATING SUPPORT	$300,000	801
INSTITUTE FOR HUMANE STUDIES
3434 WASHINGTON BOULEVARD MS1C5	ARLINGTON	VA	222014508	NONE	PC	GENERAL OPERATING AND PROGRAM SUPPORT	$375,000
INSTITUTE FOR JUSTICE
901 N GLEBE ROAD SUITE 900	ARLINGTON	VA	22203	NONE	PC	GENERAL OPERATING SUPPORT	$350,000
INSTITUTE FOR THE AMERICAN WORKER
2707 CHEVERLY AVENUE	HYATTSVILLE	MD	20785	NONE	PC	GENERAL OPERATING SUPPORT	$100,000
INSTITUTE FOR THE STUDY OF WAR INC
1400 16TH STREET NW SUITE 515	WASHINGTON	DC	20036	NONE	PC	GRADUATE FELLOWSHIPS	$120,000
INSTITUTE OF WORLD POLITICS
1521 16TH STREET NW	WASHINGTON	DC	20036	NONE	PC	DOCTORAL PROGRAM IN STATECRAFT AND NATIONAL SECURITY	$200,000
INSTITUTE ON RELIGION AND DEMOCRACY INC THE
1023 15TH STREET NW SUITE 200	WASHINGTON	DC	200052620	NONE	PC	GENERAL OPERATING SUPPORT	$340,000
INSTITUTE ON RELIGION AND PUBLIC LIFE INC THE
9 EAST 40TH STREET 10TH FLOOR	NEW YORK	NY	10016	NONE	PC	GENERAL OPERATING SUPPORT	$225,000
INTERCOLLEGIATE STUDIES INSTITUTE INC
FM KIRBY CAMPUS 3901 CENTERVILLE	WILMINGTON	DE	198071938	NONE	PC	GENERAL OPERATING SUPPORT	$500,000	ROAD
INTERNATIONAL FREEDOM EDUCATIONAL FOUNDATION
PO BOX 9925	MC LEAN	VA	22102	NONE	PC	CENTER FOR A SECURE FREE SOCIETY	$125,000
INTERNATIONAL FREEDOM EDUCATIONAL FOUNDATION
PO BOX 9925	MC LEAN	VA	22102	NONE	PC	ECONOMIC AND FINANCIAL SECURITY PROGRAM	$160,000
INTERNATIONAL FREEDOM EDUCATIONAL FOUNDATION
PO BOX 9925	MC LEAN	VA	22102	NONE	PC	PROGRAM SUPPORT	$25,000
INTERNATIONAL POLICY NETWORK US INC
1104 NW 15TH AVENUE SUITE 300	PORTLAND	OR	97209	NONE	PC	INTERNATIONAL CENTER FOR LAW AND ECONOMICS	$125,000
JAMES WILSON INSTITUTE FOR NATURAL RIGHTS AND THE AMERICAN FOUNDING THE
124 S WEST STREET SUITE 200	ALEXANDRIA	VA	22314	NONE	PC	GENERAL OPERATING SUPPORT	$125,000
JAMESTOWN FOUNDATION
1310 L STREET NW SUITE 810	WASHINGTON	DC	20005	NONE	PC	PROJECT SUPPORT	$107,027
JAMESTOWN FOUNDATION
1310 L STREET NW SUITE 810	WASHINGTON	DC	20005	NONE	PC	GENERAL OPERATING SUPPORT	$175,000
JUST FACTS INC
3600 FM 1448 ROAD SUITE 120 248	CONROE	TX	77384	NONE	PC	GENERAL OPERATING SUPPORT	$100,000
LANDMARK LEGAL FOUNDATION
3100 BROADWAY SUITE 1210	KANSAS CITY	MO	64111	NONE	PC	GENERAL OPERATING SUPPORT	$225,000
LINCOLN NETWORK INC
2443 FILLMORE STREET 380-3386	SAN FRANCISCO	CA	94115	NONE	PC	GENERAL OPERATING SUPPORT	$350,000
LITIGATORS FOR LIBERTY NETWORK
D/B/A AMERICAN JURIS LINK 7000 N	PHOENIX	AZ	85020	NONE	PC	GENERAL OPERATING SUPPORT	$125,000	16TH STREET SUITE 120-155
LUCY BURNS INSTITUTE INC
8383 GREENWAY BOULEVARD SUITE 600	MIDDLETON	WI	53562	NONE	PC	GENERAL OPERATING AND PROJECT SUPPORT	$350,000
MANHATTAN INSTITUTE FOR POLICY RESEARCH INC
52 VANDERBILT AVENUE	NEW YORK	NY	10017	NONE	PC	PROGRAM SUPPORT	$570,000
MEDIA RESEARCH CENTER INC
1900 CAMPUS COMMONS DRIVE SUITE 600	RESTON	VA	20191	NONE	PC	GENERAL OPERATING SUPPORT	$400,000
MERCATUS CENTER INC
GEORGE MASON UNIVERSITY 3434	ARLINGTON	VA	22201	NONE	PC	GENERAL OPERATING SUPPORT	$350,000	WASHINGTON BLVD 4TH FLOOR
MIDDLE EAST MEDIA AND RESEARCH INSTITUTE INC
1411 K STREET NW 11TH FLOOR	WASHINGTON	DC	20005	NONE	PC	PROGRAM SUPPORT	$200,000
MISSOURI STATE UNIVERSITY FOUNDATION
300 S JEFFERSON AVENUE SUITE 100	SPRINGFIELD	MO	65806	NONE	PC	DEPARTMENT OF DEFENSE AND STRATEGIC STUDIES	$330,000
MOUNTAIN STATES LEGAL FOUNDATION
2596 SOUTH LEWIS WAY	LAKEWOOD	CO	80227	NONE	PC	GENERAL OPERATING SUPPORT	$125,000
MOVING PICTURE INSTITUTE
375 GREENWICH STREET	NEW YORK	NY	10013	NONE	PC	GENERAL OPERATING SUPPORT	$350,000
NATIONAL ASSOCIATION OF SCHOLARS
420 MADISON AVENUE 7TH FLOOR	NEW YORK	NY	10017	NONE	PC	GENERAL OPERATING SUPPORT	$325,000
NATIONAL CENTER FOR PUBLIC POLICY RESEARCH INC THE
2005 MASSACHUSETTS AVENUE NW	WASHINGTON	DC	20036	NONE	PC	GENERAL OPERATING SUPPORT	$70,000
NATIONAL INSTITUTE FOR PUBLIC POLICY INC
9302 LEE HIGHWAY SUITE 750	FAIRFAX	VA	220311214	NONE	PC	PROGRAM SUPPORT	$400,000
NATIONAL LEGAL AND POLICY CENTER THE
107 PARK WASHINGTON COURT	FALLS CHURCH	VA	22046	NONE	PC	GENERAL OPERATING SUPPORT	$175,000
NATIONAL REVIEW INSTITUTE
19 WEST 44TH STREET SUITE 1701	NEW YORK	NY	10036	NONE	PC	PROGRAM SUPPORT	$150,000
NATIONAL TAXPAYERS UNION FOUNDATION
122 C STREET NW SUITE 700	WASHINGTON	DC	20001	NONE	PC	GENERAL OPERATING SUPPORT	$250,000
NETWORK OF ENLIGHTENED WOMEN INC
1360 EAST CAPITOL STREET NE	WASHINGTON	DC	20003	NONE	PC	GENERAL OPERATING SUPPORT	$80,000
NEW CIVIL LIBERTIES ALLIANCE
1225 19TH STREET NW SUITE 450	WASHINGTON	DC	20036	NONE	PC	GENERAL OPERATING SUPPORT	$300,000
NEW ENGLAND LEGAL FOUNDATION
150 LINCOLN STREET	BOSTON	MA	02111	NONE	PC	GENERAL OPERATING AND STAFF SUPPORT	$135,000
NONPROLIFERATION POLICY EDUCATION CENTER
PO BOX 17678	ARLINGTON	VA	22216	NONE	PC	GENERAL OPERATING SUPPORT	$225,000
PACIFIC LEGAL FOUNDATION
555 CAPITOL MALL SUITE 1290	SACRAMENTO	CA	95814	NONE	PC	GENERAL OPERATING SUPPORT	$350,000
PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY
PO BOX 60485	PASADENA	CA	91116	NONE	PC	GENERAL OPERATING SUPPORT	$250,000
PARAGON HEALTH INSTITUTE
1320 N COURTHOUSE ROAD SUITE 540	ARLINGTON	VA	22201	NONE	PC	PROGRAM SUPPORT	$160,000
PELICAN INSTITUTE FOR PUBLIC POLICY
400 POYDRAS STREET SUITE 900	NEW ORLEANS	LA	70130	NONE	PC	PROJECT SUPPORT	$200,000
PHILADELPHIA SOCIETY
2000 MADISON AVENUE SE	GRAND RAPIDS	MI	49507	NONE	PC	GENERAL OPERATING SUPPORT	$25,000
PHILANTHROPY ROUNDTABLE
1120 20TH STREET NW SUITE 550 SOUTH	WASHINGTON	DC	20036	NONE	PC	GENERAL OPERATING AND PROGRAM SUPPORT	$500,000
PLAYERS PHILANTHROPY FUND
1122 KENILWORTH DRIVE SUITE 201	TOWSON	MD	21204	NONE	PC	STORY INCUBATOR LLC	$200,000
POLITICAL ECONOMY RESEARCH CENTER DBA PROPERTY AND ENVIRONMENT
RESEARCH CENTER 2048 ANALYSIS DRIVE	BOZEMAN	MT	59718	NONE	PC	GENERAL OPERATING AND PROGRAM SUPPORT	$350,000	SUITE
PRESIDENT & FELLOWS OF MIDDLEBURY COLLEGE
OLD CHAPEL ROAD	MIDDLEBURG	VT	05753	NONE	PC	MIDDLEBURY INSTITUTE OF INT'L STUDIES AT MONTEREY, CENTER ON TERRORISM, EXTREMISM, AND COUNTERTERRORISM	$150,000
PUBLIC INTEREST LEGAL FOUNDATION INC
32 EAST WASHINGTON STREET SUITE	INDIANAPOLIS	IN	46204	NONE	PC	GENERAL OPERATING SUPPORT	$325,000	1675
RALSTON COLLEGE INC
PO BOX 8302	SAVANNAH	GA	31412	NONE	PC	MASTER'S DEGREE PROGRAM	$200,000
REAL CLEAR FOUNDATION
666 DUNDEE ROAD BUILDING 600	NORTHBROOK	IL	60062	NONE	PC	REAL CLEAR INVESTIGATIONS AND WIRE	$300,000
REASON FOUNDATION THE
5737 MESMER AVENUE	LOS ANGELES	CA	90230	NONE	PC	GENERAL OPERATING SUPPORT	$300,000
REASON FOUNDATION THE
5737 MESMER AVENUE	LOS ANGELES	CA	90230	NONE	PC	PENSION INTEGRITY PROJECT	$400,000
RONALD REAGAN PRESIDENTIAL FOUNDATION AND INSTITUTE
40 PENNSYLVANIA DRIVE SUITE 200	SIMI VALLEY	CA	93065	NONE	PC	RONALD REAGAN INSTITUTE, PROJECT SUPPORT	$250,000
SOUTHEASTERN LEGAL FOUNDATION INC
560 W CROSSVILLE ROAD SUITE 104	ROSWELL	GA	300757509	NONE	PC	GENERAL OPERATING SUPPORT	$125,000
SPEECH FIRST INC
1300 I STREET NW SUITE 400E	WASHINGTON	DC	20005	NONE	PC	GENERAL OPERATING SUPPORT	$125,000
SPIRIT OF AMERICA WORLDWIDE
3033 WILSON BOULEVARD SUITE 700	ARLINGTON	VA	22201	NONE	PC	GENERAL OPERATING SUPPORT	$500,000
STATE FINANCIAL OFFICERS FOUNDATION INC
13851 W 63RD STREET SUITE 405	SHAWNEE	KS	66216	NONE	PC	GENERAL OPERATING SUPPORT	$125,000
STATE POLICY NETWORK
1655 NORTH FORT MYER DRIVE STE 360	ARLINGTON	VA	22209	NONE	PC	GENERAL OPERATING SUPPORT	$350,000
STUDENT FREE PRESS ASSOCIATION
PO BOX 76	HILLSDALE	MI	49242	NONE	PC	GENERAL OPERATING SUPPORT	$75,000
STUDENTS FOR FAIR ADMISSIONS INC
2200 WILSON BOULEVARD SUITE 102-13	ARLINGTON	VA	22201	NONE	PC	PROGRAM SUPPORT	$150,000
TAX FOUNDATION
1325 G STREET NW SUITE 950	WASHINGTON	DC	20005	NONE	PC	GENERAL OPERATING AND PROJECT SUPPORT	$600,000
TRUSTEES OF DARTMOUTH COLLEGE
41 CENTERRA PARKWAY ROOM 231	LEBANON	NH	03766	NONE	PC	POLITICAL ECONOMY PROJECT	$120,000
TRUSTEES OF PRINCETON UNIVERSITY WOODROW WILSON SCHOOL OF INTL AFFAIRS
424 ROBERTSON HALL	PRINCETON	NJ	085441012	NONE	PC	JAMES MADISON PROGRAM IN AMERICAN IDEALS AND INSTITUTIONS	$200,000
TRUSTEES OF PRINCETON UNIVERSITY WOODROW WILSON SCHOOL OF INTL AFFAIRS
424 ROBERTSON HALL	PRINCETON	NJ	085441012	NONE	PC	STRATEGIC EDUCATION INITIATIVE	$150,000
TRUSTEES OF TUFTS COLLEGE THE FLETCHER SCHOOL OF LAW & DIPLOMACY
INTERNATIONAL SECURITY STUDIES PROG	MEDFORD	MA	02155	NONE	PC	THE FLETCHER SCHOOL OF LAW AND DIPLOMACY, INTERNATIONAL SECURITY STUDIES PROGRAM	$420,000	160 PACKARD AVE
UNIVERSITY OF SAN DIEGO
5998 ALCALA PARK	SAN DIEGO	CA	92110	NONE	PC	SCHOOL OF LAW, PROJECT SUPPORT	$108,400
UNIVERSITY OF TEXAS AT AUSTIN THE
2304 WHITIS AVENUE STOP G9900	AUSTIN	TX	78712	NONE	PC	THOMAS JEFFERSON CENTER FOR THE STUDY OF CORE TEXTS AND IDEAS	$50,000
UNIVERSITY OF TEXAS AT AUSTIN THE
2304 WHITIS AVENUE STOP G9900	AUSTIN	TX	78712	NONE	PC	WILLIAM P. CLEMENTS, JR. CENTER FOR NATIONAL SECURITY AND THE "AMERICA IN THE WORLD" CONSORTIUM	$250,000
VICTIMS OF COMMUNISM MEMORIAL FOUNDATION INC
900 15TH STREET NW	WASHINGTON	DC	20005	NONE	PC	PROGRAM AND PROJECT SUPPORT	$660,000
WILLIAM F BUCKLEY JR PROGRAM AT YALE INC
234 CHURCH STREET 7TH FLOOR	NEW HAVEN	CT	06510	NONE	PC	GENERAL OPERATING SUPPORT	$125,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$46,017,955	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
CENTER FOR STRATEGIC AND BUDGETARY ASSESSMENTS
1667 K STREET NW SUITE 900	WASHINGTON	DC	20006	NONE	PC	PROJECT SUPPORT	$250,000
INSTITUTE FOR THE STUDY OF WAR INC
1400 16TH STREET NW SUITE 515	WASHINGTON	DC	20036	NONE	PC	GRADUATE FELLOWSHIPS	$200,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$450,000	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$714,822	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$17,095,418	ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$1,256,479	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$3,265,824	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	OTHER REVENUE	Desc
Exclusion	01	ExclusionCd
Exclusion	$16,530	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$22,349,073	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$22,349,073	TotalIncomeProducingActyAmt

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	AUDIT, COMPLIANCE, AND TAX	CategoryTxt
Amt	$51,241	Amt
Net Investment Income	$7,088	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$44,153	DisbursementsCharitablePrpsAmt

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Other Program Related Invst AllOtherProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Desc	N/A	Desc
Amt	$0	Amt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	Medium ExplanationMediumExplanationTxt	IdentifierIdentifierTxt
PART XV, LINES 2A-2D	THE SARAH SCAIFE FOUNDATION'S GRANT PROGRAM IS PRIMARILY DIRECTED TOWARD PUBLIC POLICY PROGRAMS THAT ADDRESS MAJOR DOMESTIC AND INTERNATIONAL ISSUES. THE FOUNDATION DOES NOT MAKE GRANTS TO INDIVIDUALS FOR ANY PURPOSE, TO NATIONALLY ORGANIZED FUNDRAISING GROUPS, OR TO ORGANIZATIONS THAT ARE NOT PUBLICLY-SUPPORTED NON-PROFIT CHARITABLE ORGANIZATIONS. APPLICATIONS FOR THE FOLLOWING ARE ROUTINELY DECLINED: 1) EVENT SPONSORSHIPS, ENDOWMENTS, CAPITAL CAMPAIGNS, AND BUILDING PROJECTS; AND 2) SUPPORT FOR ORGANIZATIONS THAT ARE PRIMARILY DEPENDENT UPON GOVERNMENT FUNDS, AND FOR GOVERNMENT AGENCIES.GRANT APPLICATIONS TO THE FOUNDATION MUST CONTAIN:A. COVER LETTER SIGNED BY THE ORGANIZATION'S PRESIDENT OR AUTHORIZED REPRESENTATIVE STATING THAT THE GRANT APPLICATION HAS THE APPROVAL OF THE ORGANIZATION'S BOARD OF DIRECTORS. THE LETTER SHOULD INCLUDE THE AMOUNT REQUESTED AND A CONCISE DESCRIPTION OF THE PURPOSE OF THE REQUESTING ORGANIZATION AND, IF APPLICABLE, THE SPECIFIC PROJECT OR PROGRAM FOR WHICH FUNDS ARE REQUESTED;B. GRANT PROPOSAL NARRATIVE INCLUDING A ONE-PAGE EXECUTIVE SUMMARY;C. NARRATIVE AND FINANCIAL REPORT ON PREVIOUS SARAH SCAIFE FOUNDATION GRANT (AS APPLICABLE);D. ORGANIZATION'S CURRENT ANNUAL BUDGET;E. PROJECT/PROGRAM BUDGET (IF APPLICABLE);F. PROJECT/PROGRAM TIMETABLE (IF APPLICABLE);G. MOST RECENT AUDITED FINANCIAL STATEMENTS; H. UNAUDITED 1) BALANCE SHEET AND 2) REVENUE AND EXPENSE STATEMENT FOR THE MOST RECENTLY CONCLUDED FISCAL YEAR UNLESS SUCH FISCAL YEAR IS THE SAME PERIOD COVERED IN ITEM G;I. CURRENT FORM 990;J. MOST RECENT ANNUAL REPORT;K. LIST OF OFFICERS AND DIRECTORS (WITH THEIR AFFILIATIONS);L. LIST OF KEY/MAJOR SUPPORTERS; ANDM. MOST RECENT IRS DETERMINATION LETTER EVIDENCING 501 (C)(3) TAX-EXEMPT STATUS.ADDITIONAL INFORMATION MAY BE REQUESTED IF NEEDED FOR FURTHER EVALUATION. ORGANIZATIONS WHICH HAVE: 1) PREVIOUSLY RECEIVED A GRANT FROM THE FOUNDATION; OR 2) BEEN PRE-VETTED BY THE FOUNDATION STAFF, ARE PROVIDED ACCESS TO THE FOUNDATION'S ONLINE SUBMISSION PORTAL. THEY SHOULD NOT SEND A HARDCOPY OF THEIR APPLICATION; THEY MUST USE THE PORTAL.UNSOLICITED GRANT APPLICATIONS FROM AN ORGANIZATION THAT HAS NOT PREVIOUSLY RECEIVED A GRANT FROM THE SARAH SCAIFE FOUNDATION MUST BE SUBMITTED IN HARD COPY. THE FOUNDATION WILL NOT CONSIDER ELECTRONIC REQUESTS.THE FOUNDATION MEETS FOUR TIMES A YEAR TO CONSIDER GRANT APPLICATIONS. HOWEVER, APPLICATIONS MAY BE SUBMITTED AT ANY TIME AND WILL BE ACTED UPON AS EXPEDITIOUSLY AS POSSIBLE. ALL APPLICATIONS SHOULD BE ADDRESSED TO:MICHAEL W. GLEBACHAIRMAN AND CEOSARAH SCAIFE FOUNDATIONONE OXFORD CENTRE301 GRANT STREET, SUITE 3900PITTSBURGH, PA 15219-6402
SUPPLEMENTAL INFORMATION	COMPENSATION OF OFFICERS, TRUSTEES, AND OTHER EMPLOYEES AS WELL AS THE RELATED EMPLOYEE BENEFITS ARE ALLOCATED BASED ON TIME SPENT IN CARRYING OUT THE FOUNDATION'S EXEMPT PURPOSE VERSUS TIME SPENT IN THE PRODUCTION OF INCOME. FOR ALL OTHER EXPENSES, IF THE EXPENSE CAN BE DIRECTLY ATTRIBUTABLE TO THE PRODUCTION OF INCOME OR CARRYING OUT THE FOUNDATION'S EXEMPT PURPOSE, THAT EXPENSE WILL BE ALLOCATED DIRECTLY TO THAT ACTIVITY. ALL OTHER EXPENSES NOT DIRECTLY ATTRIBUTABLE TO THE PRODUCTION OF INCOME OR CARRYING OUT THE FOUNDATION'S EXEMPT PURPOSE ARE ALLOCATED BASED ON THE SALARY ALLOCATION PREVIOUSLY DESCRIBED.	EXPENSE ALLOCATIONS
FORM 990-PF - GENERAL EXPLANATION ATTACHMENT	PART II, LINE 14, LAND, BUILDINGS, AND EQUIPMENT AND ACCUMULATED DEPRECIATIONDESCRIPTION:LEASEHOLD IMPROVEMENTS 746,901OFFICE EQUIPMENT & FURNITURE 315,188 ----------SUBTOTAL FIXED ASSETS 1,062,089 LESS: ACCUMULATED DEPRECIATION (643,923)) ----------NET FIXED ASSETS 418,166

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (124 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
ABBVIE INC CALL 11/14/2034 @ 100.000 UNSC	$53,394	$46,316
ACTIVISION BLIZZARD CALL 03/15/2027 UNSC	$92,716	$94,564
AMAZON.COM INC CALL 06/05/2034	$37,188	$29,927
AMAZON.COM INC CALL 10/13/2051 UNSC	$124,478	$103,460
AMCOR FLEXIBLES NORTH AM CALL 04/17/2025 COGT	$89,978	$87,610
AMERICAN ELECTRIC POWER CALL 10/01/2027 UNSC	$84,821	$87,247
AMERICAN EXPRESS CO CALL 10/05/2027 UNSC	$89,935	$93,693
AMERICAN EXPRESS CREDIT ACCOUN SERIES 2022 2 CLASS A	$314,930	$305,771
AMERICAN TOWER CORP CALL 11/15/2025	$247,210	$209,502
ANHEUSER-BUSCH INBEV FIN CALL 08/01/2035	$177,866	$160,555
APPLE INC CALL 02/08/2052 UNSC	$79,471	$67,976
AT&T INC CALL 11/15/2034 UNSC	$199,761	$190,901
AVALONBAY COMMUNITIES IN SER MTN CALL 12/15/22	$40,765	$39,819
AVALONBAY COMMUNITIES SER GMTN CALL 02/11/2026	$65,181	$65,069
BANK OF AMERICA CORP CALL 03/08/2032 SUB	$110,000	$91,087
BANK OF AMERICA CORP CALL 11/10/2027 UNSC	$146,971	$149,708
BANK OF AMERICA CORP SER MTN CALL 06/14/2028	$155,000	$130,431
BANK OF NOVA SCOTIA	$184,830	$185,342
BARCLAYS PLC SEDOL	$201,126	$193,708
BERKSHIRE HATHAWAY FIN CALL 02/15/2048 COGT	$64,670	$57,189
BOEING CO CALL 02/04/2023 UNSC	$70,037	$63,599
BOEING CO CALL 12/01/2028 UNSC	$177,026	$149,071
BRUNSWICK CORP CALL 08/18/2022 UNSC	$74,912	$69,292
BURLINGTN NORTH SANTA FE CALL 03/01/2044	$103,096	$85,889
CAMDEN PROPERTY TRUST SR UNSEC	$172,989	$164,621
CAMPBELL SOUP CO CALL 02/15/2023 UNSC	$151,854	$149,591
CAPITAL ONE FINANCIAL CO CALL 11/02/2026 UNSC	$255,000	$222,077
CITIGROUP INC CALL 09/29/2025 UNSC	$240,047	$241,027
CITIGROUP INC SR UNSEC	$156,395	$140,171
CITIGROUP INC SR UNSEC CALL 03/31/2030	$94,627	$82,647
CNH INDUSTRIAL CAP LLC COGT	$69,559	$68,806
CNH INDUSTRIAL CAP LLC COGT	$89,522	$87,303
COMCAST CORP CALL 01/15/2036	$62,015	$44,586
COMCAST CORP CALL 02/15/2035	$52,640	$46,536
COMCAST CORP CALL 09/01/2037	$9,240	$8,618
CONOCOPHILLIPS NOTES	$85,078	$78,437
CONSOLIDATED EDISON INC SER A CALL 12/01/2021	$169,969	$163,246
CROWN CASTLE INTL CORP CALL 11/15/2025 @ 100.000 UNSC	$91,770	$78,180
CUBESMART LP CALL 10/15/2028 COGT	$91,560	$90,658
CVS HEALTH CORP CALL 09/25/2037 UNSC	$116,105	$91,093
DIGITAL REALTY TRUST LP CALL 04/01/2029 COGT	$98,915	$93,785
DISCOVERY COMMUNICATIONS CALL 03/15/2025 COGT	$76,221	$76,295
DOMINION ENERGY INC CALL 08/15/2032 UNSC	$113,673	$113,987
DOW CHEMICAL CO/THE CALL 12/15/2032 UNSC	$102,437	$99,938
DTE ENERGY CO UNSC	$165,442	$162,187
DUKE ENERGY CAROLINAS 1ST MTG CALL 03/30/42	$28,029	$24,820
DUKE ENERGY CORP UNSC	$69,977	$69,848
DUKE ENERGY INDIANA INC SER WWW CALL 01/15/43	$44,796	$41,579
EBAY INC CALL 10/22/2025 UNSC	$90,100	$91,901
ENBRIDGE INC	$168,376	$158,712
ENERGY TRANSFER LP CALL 01/15/2028 UNSC	$140,532	$138,870
ENERGY TRANSFER PARTNERS SR UNSEC CALL 8/1/41	$86,089	$69,187
ENTERPRISE PRODUCTS OPER CALL 08/15/2042 COGT	$70,290	$50,524
FIDELITY NATL INFO SERV UNSC	$164,941	$161,792
FISERV INC CALL 03/01/2025	$66,705	$58,127
FISERV INC CALL 07/01/2028 UNSC	$125,221	$113,514
FORD CREDIT AUTO OWNER TRUST SERIES 2022 D CLASS A3	$285,036	$287,827
FOX CORP SER WI CALL 10/25/2028	$167,207	$144,942
GENERAL MILLS INC CALL 11/18/2023 UNSC	$80,022	$80,199
GLOBAL PAYMENTS INC CALL 01/15/2025 UNSC	$169,874	$155,239
GLOBAL PAYMENTS INC CALL 06/15/2029 UNSC	$105,016	$101,511
GOLDMAN SACHS GROUP INC CALL 10/21/2026 UNSC	$73,161	$74,323
GOLDMAN SACHS GROUP INC SR UNSEC CALL 03/08/2023 @ 100	$151,740	$153,331
HF SINCLAIR CORP SER WI CALL 01/01/2026	$137,144	$140,118
HSBC HOLDINGS PLC SEDOL 2KDKJS6 ISIN US404280DG12	$200,000	$192,950
HUMANA INC CALL 01/22/2022 UNSC	$94,960	$92,550
HUNTINGTON BANCSHARES CALL 08/04/2027 UNSC	$75,000	$71,439
INTEL CORP CALL 02/05/2052 UNSC	$84,894	$75,196
INTERCONTINENTAL EXCHANGE CALL 12/15/2032 UNSC	$79,958	$76,685
INTERPUBLIC GROUP COS UNSC	$137,198	$122,668
JOHN DEERE OWNER TRUST SERIES 2022 C CLASS A3	$194,985	$195,603
JOHNSON & JOHNSON CALL 09/01/2035 @ 100.000 UNSC	$119,608	$106,324
JP MORGAN CHASE & CO CALL 10/01/24 @100 JR SUB	$109,387	$102,193
JP MORGAN CHASE & CO SR UNSEC CALL 7/24/37 @ 100	$70,000	$58,100
JP MORGAN CHASE & CO SUB CALL 05/13/30 @ 100	$105,000	$86,516
JPMORGAN CHASE & CO SR UNSEC CALL 06/01/2028	$145,000	$121,103
KINDER MORGAN ENER PART SR UNSEC	$123,061	$111,092
KROGER CO CALL 08/01/2046 UNSC	$55,909	$46,183
LYB INT FINANCE III CALL 09/01/2025 COGT	$159,750	$145,414
MARRIOTT INTERNATIONAL CALL 03/15/2030 UNSC	$85,281	$69,983
MASTERCARD INC CALL 12/01/2048 UNSC	$44,227	$28,333
METLIFE INC JR SUB	$122,270	$116,052
MICRON TECHNOLOGY INC CALL 11/06/2028 UNSC	$78,675	$67,194
MICROSOFT CORP CALL 02/08/2036 @ 100.000 UNSC	$135,744	$123,855
MORGAN STANLEY CALL 10/18/2027 UNSC	$72,280	$72,262
MORGAN STANLEY SER GMTN CALL 1/24/28 @ 100	$171,687	$137,363
MORGAN STANLEY SR UNSEC CALL 05/30/2024 @ 100	$120,000	$111,563
MORGAN STANLEY SUB CALL 09/16/2031 @ 100	$90,000	$65,262
MPLX LP CALL 11/15/2028 UNSC	$136,403	$110,048
MPLX LP CALL 12/01/2026 UNSC	$188,069	$165,289
NATIONAL RETAIL PROP INC CALL 03/15/2024 @ 100.000 UNSC	$167,782	$151,308
NIKE INC CALL 09/27/2039 UNSC	$34,781	$28,432
NUTRIEN LTD	$241,059	$244,879
NVIDIA CORP CALL 10/01/2049 UNSC	$79,794	$60,381
ORACLE CORP CALL 09/25/2050 UNSC	$134,764	$96,179
ORACLE CORP CALL 10/01/2039 UNSC	$34,906	$25,676
PACIFIC FUNDS FLOATING RATE INCOME	$12,475,983	$11,714,792
PACIFICORP CALL 06/01/2053 MORT	$29,865	$29,691
PGIM HIGH YIELD FUND CLASS R6	$10,500,000	$8,604,693
PUBLIC SERVICE COLORADO CALL 12/15/2046 MORT	$54,776	$43,316
PUBLIC SERVICE COLORADO SER 39 CALL 12/01/2051	$59,345	$53,847
PUBLIC SERVICE ENTERPRIS CALL 10/15/2027 UNSC	$94,941	$97,760
RYDER SYSTEM INC SER MTN CALL 02/01/2023	$168,741	$164,528
SEMPRA ENERGY CALL 02/01/2029 UNSC	$59,776	$54,689
SOUTHERN CO CALL 04/01/2026	$82,074	$70,523
SPIRIT REALTY LP CALL 11/15/2026 COGT	$110,484	$97,526
STATE STREET CORP CALL 11/04/2027 UNSC	$70,000	$72,288
SYSCO CORPORATION CALL 01/01/2030 COGT	$81,322	$67,272
TAKE-TWO INTERACTIVE SOF UNSC	$139,938	$136,727
TARGET CORP CALL 07/15/2051 UNSC	$39,622	$27,432
TRANS CANADA PIPELINES SR NTS	$34,468	$30,587
TRANSCANADA PIPELINES SEDOL BDCRXN3 ISIN US89352HAT68	$154,699	$154,022
TSMC ARIZONA CORP CALL 09/25/2026 COGT	$199,952	$178,424
UNION PACIFIC CORP SER MTN CALL 02/15/2039	$44,554	$33,025
UNITEDHEALTH GROUP INC CALL 08/15/2052 UNSC	$89,317	$97,179
UNITEDHEALTH GROUP INC CALL 11/15/2051 UNSC	$64,415	$59,994
VALERO ENERGY CORP BDS	$92,799	$74,490
VALERO ENERGY CORP CALL 03/01/2028 UNSC	$53,470	$50,100
VERIZON COMMUNICATIONS UNSC	$207,147	$192,559
VISA INC CALL 06/14/2035	$74,899	$70,841
WALMART INC CALL 03/22/2051 UNSC	$140,024	$94,654
WALT DISNEY COMPANY/THE COGT	$82,320	$62,288
WESTPAC BKG CORP	$164,067	$145,880
XCEL ENERGY INC CALL 12/01/2029 UNSC	$70,293	$66,904

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (444 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
3M COMPANY	$184,884	$170,033
ACCENTURE PLC CLASS A	$2,370,187	$11,243,303
ADOBE INC	$1,082,684	$1,074,877
AERCAP HOLDINGS NV	$579,568	$706,722
AEROJET ROCKETDYNE HLDGS INC	$149,755	$185,240
AIA GROUP LTD SPONSORED ADR	$1,028,490	$1,309,352
AIRBUS SE ADR	$881,314	$1,079,624
AKAMAI TECHNOLOGIES	$65,055	$73,341
ALBANY INTERNATIONAL CORP CL A	$65,838	$90,210
ALBEMARLE CORP	$82,203	$176,307
ALCON INC	$182,359	$215,795
ALEXANDRIA REAL ESTATE EQUITIES INC	$46,746	$68,174
ALIGN TECHNOLOGY INC	$457,087	$404,084
ALKERMES PLC	$527,282	$466,159
ALLEGRO MICROSYSTEMS INC	$169,368	$183,692
ALLIANZ SE - UNSP ADR	$257,705	$243,844
ALPHABET INC/CA-CL A	$4,518,724	$8,434,788
ALPHABET INC/CA-CL C	$2,379,188	$2,280,361
ALTRA INDUSTRIAL MOTION CORP	$98,813	$165,089
AMAZON COM INC	$3,300,857	$2,119,404
AMEDISYS INC	$160,625	$114,784
AMERICAN EAGLE OUTFITTERS INC	$121,889	$99,479
AMERICAN EQUITY INVT LIFE HLDG	$93,894	$160,172
AMERICAN TOWER CORP	$379,026	$619,055
AMERICAN WATER WORKS CO INC	$43,721	$46,031
AMERIPRISE FINANCIAL INC	$163,127	$351,848
AMGEN INC	$3,208,126	$9,734,752
AMPHENOL CORP NEW CL A	$173,398	$292,225
ANALOG DEVICES INC	$765,420	$4,576,437
ANSYS INC	$303,214	$259,709
AON PLC/IRELAND-A	$570,343	$832,889
APPLE INC	$5,024,402	$19,633,462
APPLIED MATERIALS INC	$56,942	$117,830
APTARGROUP INC	$80,963	$78,306
APTIV PLC	$763,320	$678,452
ARCH CAPITAL GROUP LTD	$274,860	$569,101
ARISTA NETWORKS INC	$96,869	$216,974
ARMSTRONG WORLD INDUSTRIE - WI	$87,379	$84,503
ASML HOLDING NV-NY	$1,113,523	$1,738,645
ASPEN TECHNOLOGY INC	$109,425	$123,035
ASTRAZENECA PLC SPONS ADR	$767,362	$1,149,888
ATLASSIAN CORP CL A SEDOL BQ1PC76	$610,108	$414,864
ATMOS ENERGY CORP	$311,451	$318,503
AUTODESK INC	$239,277	$244,052
AUTOMATIC DATA PROCESSING INC	$1,937,548	$14,068,854
AVISTA CORP	$53,367	$59,948
AVNET INC	$81,790	$83,368
AXALTA COATING SYSTEMS LTD	$113,673	$114,335
AZEK CO INC	$102,491	$100,665
AZENTA INC	$71,149	$96,296
BALCHEM CORP CL B	$88,342	$111,364
BANCO SANTANDER S A ADR	$410,370	$290,336
BANKUNITED INC	$218,578	$225,459
BAXTER INTERNATIONAL INC	$246,788	$175,235
BEIERSDORF AG-UNSPON ADR	$65,077	$69,289
BELDEN INC	$94,528	$144,519
BERKSHIRE HATHAWAY INC CLASS B	$513,885	$3,521,460
BIOHAVEN LTD SEDOL BPLZ7S5	$4,965	$10,618
BJS WHOLESALE CLUB HOLDINGS	$177,909	$418,793
BLACK HILLS CORP	$123,848	$134,420
BLACK KNIGHT INC	$227,653	$228,352
BLACKSTONE INC	$914,066	$644,711
BLOOM ENERGY CORP- A	$106,923	$142,042
BORG WARNER INC.	$98,792	$91,609
BOSTON PPTYS INC REIT	$73,513	$41,832
BOUYGUES-UNSPONSORED ADR SEDOL B3KCTX2	$171,446	$158,438
BP PLC SPONSORED ADR	$230,035	$288,312
BRISTOL MYERS SQUIBB CO	$1,478,342	$3,525,550
BROADRIDGE FINANCIAL SOL W/I	$91,389	$68,943
BROOKFIELD ASSET MGMT-A-W/I SEDOL N.A.	$18,745	$26,864
BROOKFIELD CORP SEDOL BP95GG8	$81,456	$118,006
BROWN & BROWN INC	$105,137	$258,416
BROWN FORMAN CORP CLASS B	$57,688	$74,153
BWX TECHNOLOGIES INC	$163,332	$188,586
CABOT CORP	$55,796	$86,290
CACI INTL INC CL A	$114,473	$198,389
CACTUS INC-CLASS A	$197,841	$337,948
CAL MAINE FOODS INC NEW	$13,385	$19,384
CALAVO GROWERS INC	$124,217	$58,918
CALIFORNIA WTR SVC GROUP	$33,175	$42,145
CAPITAL ONE FINANCIAL CORP	$1,131,461	$1,107,432
CARLISLE COMPANIES INC	$121,973	$231,408
CARMAX INC	$178,015	$154,661
CARTERS INC	$68,613	$51,556
CASEYS GENERAL STORES INC	$166,786	$226,594
CBRE GROUP INC	$49,789	$98,509
CDW CORP/DE	$69,319	$222,868
CERTARA INC	$155,673	$85,894
CF INDUSTRIES HOLDINGS INC	$24,592	$76,339
CHAMPIONX CORPORATION	$211,086	$286,131
CHARLES RIV LABORATORIES INTL INC	$56,312	$129,215
CHARTER COMMUNICATIONS INC-A	$251,604	$272,297
CHEGG INC	$137,354	$84,857
CHIMERA INVESTMENT CORP NEW	$228,652	$105,446
CHIPOTLE MEXICAN GRIL CL A	$675,750	$710,395
CHUBB LTD	$57,831	$67,724
CINCINNATI FINANCIAL CORP	$177,462	$216,452
CIRCOR INTERNATIONAL INC	$130,256	$87,837
CISCO SYSTEMS INC	$3,880,734	$6,012,883
CITIGROUP INC	$1,767,084	$1,251,197
CK HUTCHISON HOLDIN-UNSP ADR	$408,332	$273,569
CLEAN HARBORS INC	$98,941	$190,010
CLOROX CO	$170,696	$168,536
CME GROUP INC A DERIVATIVIES EXCHANGE	$270,026	$382,732
COCA COLA CO	$198,922	$287,454
COMCAST CORPORATION CL A	$1,847,087	$1,252,765
COMMERCE BANCSHARES INC	$125,166	$171,877
COMPAGNIE DE SAINT-UNSP ADR	$152,361	$174,382
CONOCOPHILLIPS	$885,028	$1,059,876
CONSTELLATION BRANDS INC CL A	$194,664	$186,791
CONTINENTAL AG SPONSORED ADR	$290,609	$139,131
COPART INC	$51,101	$211,897
CORPORATE OFFICE PPTYS TR REIT	$140,698	$133,954
CORTEVA INC-W/I	$192,246	$439,733
COSTCO WHOLESALE CORP	$1,129,411	$8,993,050
COTERRA ENERGY INC	$198,553	$294,521
CROWN CASTLE INC	$250,132	$212,412
CRYOPORT INC	$75,677	$36,678
CSX CORP	$43,233	$124,540
CULLEN FROST BANKERS INC	$131,361	$195,336
CUMMINS INC	$60,793	$129,867
D R HORTON INC	$73,562	$176,943
DAIFUKU CO LTD - UNSP ADR	$874,127	$530,036
DANAHER CORP	$918,440	$1,203,680
DARDEN RESTAURANTS INC W I	$78,072	$150,503
DENTSPLY SIRONA INC	$343,224	$293,756
DEUTSCHE TELEKOM AG SPONSORED ADR	$1,004,966	$1,058,740
DISH NETWORK CORP CL A	$772,209	$320,028
DISNEY WALT CO	$791,693	$401,125
DOLLAR TREE INC	$172,211	$288,962
DORMAN PRODUCTS INC	$154,298	$125,349
DUPONT DE NEMOURS INC-WI	$9,525	$12,971
EASTMAN CHEM CO	$53,415	$53,669
ECOLAB INC	$1,643,799	$7,218,612
ELEVANCE HEALTH INC	$373,273	$622,233
EMCOR GROUP INC	$109,964	$179,361
ENCOMPASS HEALTH CORP	$200,202	$240,735
ENEL SPA ADR	$386,404	$292,114
ENERPAC TOOL GROUP CORP	$83,098	$86,199
ENI S P A SPONSORED ADR	$145,258	$161,528
ENPRO INDUSTRIES INC	$102,629	$170,426
ENVESTNET INC	$144,142	$125,128
ENVISTA HOLDINGS CORP	$115,577	$138,215
EQUITY COMMONWEALTH	$115,869	$100,529
EQUITY LIFESTYLE PROPERTIES REIT	$153,514	$157,301
ESSENTIAL UTILITIES INC	$10,688	$12,171
ESSEX PPTY TR INC REIT	$90,410	$69,298
EVEREST RE GROUP LTD	$29,732	$55,322
EVOLUTION AB ADR	$236,218	$178,381
EXLSERVICE HOLDINGS INC	$55,253	$172,310
EXPEDITORS INTERNATIONAL WASHINGTON INC	$65,941	$123,561
EXXON MOBIL CORP	$204,525	$6,452,550
FACTSET RESH SYS INC	$63,874	$149,651
FIRST INTERSTATE BANCSYS/MT	$277,156	$282,995
FLEX LTD	$73,832	$134,211
FLOOR & DECOR HOLDINGS INC	$168,502	$151,236
FORWARD AIR CORP	$115,516	$195,410
FOX FACTORY HOLDING CORP	$181,032	$232,819
FUJI FILM HOLDINGS CORP	$198,164	$184,558
GARTNER INC	$160,450	$391,603
GATES INDUSTRIAL CORP	$137,255	$93,083
GATX CORP	$50,526	$84,540
GENERAL DYNAMICS CORP	$160,485	$273,417
GENERAL ELEC CO	$1,694,659	$1,494,897
GENMAB A/S -SP ADR	$935,190	$1,148,922
GLACIER BANCORP INC	$79,637	$107,785
GLOBAL PAYMENTS INC-W/I	$71,920	$82,833
GOLDMAN SACHS GROUP INC	$1,353,832	$1,651,314
GOODYEAR TIRE & RUBBER CO	$91,264	$72,552
GRACO INC	$42,422	$43,652
GRIFOLS SA-SPON ADR SEDOL B51RNG1	$596,644	$418,638
GROCERY OUTLET HOLDING CORP	$112,344	$102,544
GSK PLC-SPON ADR ADR SEDOL BMTZ571	$196,017	$177,422
GXO LOGISTICS INC-W/I	$52,961	$69,286
H&E EQUIPMENT SERVICES INC	$101,208	$172,475
HAIN CELESTIAL GROUP INC	$228,678	$124,505
HAMILTON LANE INC-CLASS A	$143,941	$121,308
HARMONIC INC	$97,876	$185,522
HARSCO CORP	$78,247	$32,890
HARTFORD FINL SVCS GROUP INC	$20,706	$24,266
HAYWARD HOLDINGS INC	$83,503	$45,327
HEALTHCARE REALTY TRUST INC	$209,733	$155,721
HEALTHEQUITY INC	$50,039	$46,908
HEALTHPEAK PROPERTIES INC	$46,396	$44,875
HELMERICH & PAYNE INC	$61,996	$109,599
HENKEL AG & COMPANY KGAA SPONS ADR PFD ADR	$136,359	$141,611
HENKEL AG & COMPANY KGAA SPONSORED ADR	$114,629	$98,732
HESS CORPORATION	$39,057	$102,820
HEXCEL CORP	$117,499	$128,940
HILLENBRAND INC	$47,645	$63,621
HILTON WORLDWIDE HLDGS - W/I	$848,897	$949,343
HITACHI LTD ADR 10 COMMON	$123,010	$116,332
HOME DEPOT INC	$2,228,425	$14,845,420
HONDA MOTOR CO LTD AMERICAN SHARES	$310,255	$224,668
HONEYWELL INTL INC	$2,349,624	$9,245,974
HOSTESS BRANDS INC	$69,515	$121,131
HUBSPOT INC	$36,571	$69,391
HUMANA INC	$54,964	$129,072
HUNTINGTON INGALLS INDS INC	$71,186	$89,504
HURON CONSULTING GROUP INC	$208,697	$287,641
IAC INC	$458,597	$157,931
ICICI BANK LTD SPON ADR	$377,097	$882,167
ICON PLC	$204,524	$245,532
ICU MED INC	$116,172	$105,669
IDACORP INC	$139,857	$163,824
IHI CORP-UNSP ADR SEDOL B95QPS8	$960,380	$979,412
ILLUMINA INC	$1,104,862	$763,103
IMPERIAL BRANDS PLC-SPON ADR ADR SEDOL BD5K2N2	$238,053	$266,825
INDEPENDENT BANK CORP MASS	$238,752	$238,599
INGEVITY CORP	$131,072	$133,695
INGREDION INC	$141,948	$175,197
INNOSPEC INC	$59,873	$81,877
INSULET CORP	$85,462	$136,303
INTEGRA LIFESCIENCES HLDG CORP	$360,672	$389,630
INTERCONTINENTAL EXCHANGE INC	$82,839	$146,088
INTRA-CELLULAR THERAPIES INC	$51,298	$57,418
INTUIT SOFTWARE	$575,360	$830,985
INTUITIVE SURGICAL INC	$547,605	$1,035,130
IRIDIUM COMMUNICATIONS INC	$80,271	$169,209
ITT INC	$132,640	$201,290
JAMF HOLDING CORP	$122,953	$79,918
JD.COM INC-ADR ADR SEDOL BMM27D9	$543,747	$517,519
JOHNSON & JOHNSON	$3,708,674	$10,369,355
JPMORGAN CHASE & CO	$4,523,539	$13,879,350
KAO CORP ADR SEDOL BFZPL12	$79,405	$80,612
KELLY SERVICES INC CLASS A	$80,612	$60,925
KEYCORP NEW	$55,499	$61,876
KIMBERLY-CLARK CORP	$238,899	$251,138
KINGFISHER PLC SPONSORED ADR	$309,779	$196,931
KNORR-BREMSE - UNSP ADR ADR SEDOL BGSZ2R9	$90,428	$86,337
KONINKLIJKE PHILLIPS NV SPON ADR	$113,985	$114,344
KORN FERRY	$103,516	$142,293
KYOCERA CORP SPON ADR	$264,062	$211,946
LABORATORY CORP OF AMERICA HLDG	$224,233	$362,404
LAM RESEARCH CORP	$7,798	$9,667
LANCASTER COLONY CORP	$49,012	$77,934
LATTICE SEMICONDUCTOR CORP	$66,872	$190,877
LAUDER ESTEE COS INC CL A	$607,039	$893,196
LENNAR CORP CLASS A	$200,139	$307,157
LIBERTY BROADBAND-C	$2,329,668	$1,255,252
LIBERTY FORMULA ONE SERIES C	$63,838	$64,802
LINDSAY CORPORATION	$8,659	$10,422
LIVENT CORP	$124,257	$184,235
LKQ CORP	$87,463	$85,136
LLOYDS BANKING GROUP PLC	$370,577	$277,112
LOCKHEED MARTIN CORP	$686,259	$9,603,313
LUKOIL PJSC-SPON ADR	$83,409	$0
LULULEMON ATHLETICA INC	$467,013	$464,871
LUMENTUM HOLDINGS INC -W/I	$220,272	$134,338
LVMH MOET HENNESSY LOUIS ADR	$444,064	$1,148,819
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC	$28,378	$92,518
MADDEN STEVEN LTD	$100,598	$110,677
MARKEL CORP (HOLDING CO)	$128,716	$173,909
MARRIOTT INTERNATIONAL INC CL A	$826,048	$961,085
MARTIN MARIETTA MATLS INC	$168,763	$283,895
MASCO CORP	$54,316	$72,805
MASONITE INTERNATIONAL CORP	$237,005	$261,015
MATADOR RESOURCES CO	$44,185	$46,651
MATCH GROUP INC	$442,277	$379,302
MCDONALDS CORP	$1,248,575	$7,405,193
MEDTRONIC PLC	$207,823	$182,797
MEITUAN UNSP ADR	$1,223,739	$868,874
MELCO RESORTS ENTERTAIN LTD ADR	$1,167,298	$755,435
MERCK & CO INC	$248,219	$273,825
META PLATFORMS INC	$3,050,324	$1,610,631
METLIFE INC PFD 05.625% 12/31/2049	$53,050	$47,513
METLIFE INC PFD SER F 04.750% 12/31/2049	$60,575	$51,338
MGIC INVT CORP WIS	$79,820	$101,712
MGP INGREDIENTS INC	$36,724	$100,104
MICHELIN (CGDE) UNSPON ADR	$260,472	$192,849
MICROCHIP TECHNOLOGY INC	$283,694	$389,607
MICROSOFT CORP	$7,298,463	$29,168,347
MISSION PRODUCE INC	$19,949	$17,407
MITSUBISHI ELEC CORP UNSPON ADR	$298,815	$200,972
MITSUBISHI UFJ FINL GRP ADR	$96,975	$162,928
MKS INSTRS INC	$257,838	$175,899
MODEL N INC	$144,534	$163,741
MOELIS & CO	$102,982	$110,736
MONDI PLC	$219,245	$134,876
MONOLITHIC POWER SYSTEMS INC	$105,971	$229,493
MORGAN STANLEY	$655,628	$791,366
MUELLER WATER PRODUCTS INC SER A	$118,765	$108,256
MURPHY OIL CORP	$45,675	$69,504
MURPHY USA INC-W/I	$44,190	$199,871
NASPERS LTD ADR	$212,161	$180,972
NATIONAL INSTRUMENTS CORP	$156,027	$146,345
NATIONAL STORAGE AFFILIATES	$200,185	$133,969
NATIONAL VISION HOLDINGS INC	$176,328	$228,917
NETFLIX INC	$3,332,253	$3,030,187
NEW RELIC INC	$112,960	$94,046
NEWMARK GROUP INC-CLASS A	$59,379	$99,673
NEXTERA ENERGY INC	$707,245	$15,800,400
NIDEC CORPORATION SPON ADR	$487,085	$460,997
NIKE INC CLASS B	$478,095	$837,675
NIPPON TELEG & TEL CORP SPONSORED ADR	$179,906	$212,468
NLIGHT INC	$41,909	$20,493
NMI HOLDINGS INC-CLASS A	$69,877	$71,520
NORDIC SEMICONDUCTOR ASA	$661,430	$419,011
NORTHERN TRUST CORP	$235,835	$249,807
NOV INC	$105,615	$124,734
NOVARTIS AG SPONSORED ADR	$264,483	$288,127
NUVASIVE INC	$128,492	$105,451
NVIDIA CORP	$396,742	$931,643
O-I GLASS INC	$119,455	$174,250
OLD NATIONAL BANCORP INDIANA	$181,933	$180,555
OLINK HOLDING AB	$60,788	$47,131
OMNICELL INC	$120,463	$64,991
ON SEMICONDUCTOR CORPORATION	$37,111	$187,484
ONEOK INC NEW	$54,496	$86,724
OSHKOSH CORPORATION CLASS B	$177,160	$134,843
OSI SYS INC	$61,214	$54,312
OXFORD INDUSTRIES INC	$45,350	$64,108
PACCAR INC	$206,926	$236,637
PACIRA BIOSCIENCES INC	$85,212	$72,703
PACWEST BANCORP	$174,013	$102,495
PAGERDUTY INC	$209,386	$178,961
PARKER HANNIFIN CORP	$183,279	$307,878
PAYCOR HCM INC	$178,461	$143,884
PAYPAL HOLDINGS INC-W/I	$197,000	$82,188
PDC ENERGY INC	$61,402	$192,725
PENNON GROUP PLC	$13,377	$12,239
PENUMBRA INC	$211,455	$277,185
PERFORMANCE FOOD GROUP CO	$134,267	$156,544
PHILLIPS 66	$152,730	$231,474
PINNACLE FINANCIAL	$209,585	$264,240
PJT PARTNERS INC - A W/I	$88,399	$128,147
POPULAR INC	$91,923	$74,610
PORTLAND GENERAL ELECTRIC CO	$255,398	$312,228
PREMIER INC-CLASS A	$99,022	$103,086
PRESTIGE CONSUMER HEALTHCARE INC	$227,518	$327,085
PRIMERICA INC	$173,492	$183,515
PROCTER & GAMBLE CO	$221,509	$243,708
PROGRESSIVE CORP OHIO	$181,793	$376,808
PROGYNY INC	$106,862	$139,241
PROSUS NV	$2,144,431	$2,015,482
PRYSMIAN SPA-UNSPONSORED ADR	$349,006	$554,387
PUMA SE - UNSPONSORED ADR	$782,046	$633,193
QUALCOMM	$185,607	$230,104
QUALYS INC	$51,770	$67,787
RAYMOND JAMES FINANCIAL INC	$53,171	$122,236
RAYTHEON TECHNOLOGIES CORP COM	$375,339	$4,865,858
RBC BEARINGS INC	$189,572	$252,476
REGAL REXNORD CORPORATION	$120,072	$176,611
REINSURANCE GROUP OF AMERICA	$178,568	$210,577
RENAISSANCE HOLDINGS LTD	$64,217	$91,378
ROSS STORES INC	$283,840	$389,995
ROYAL CARIBBEAN CRUISES LTD	$110,950	$67,917
RPM INTERNATIONAL INC	$184,148	$245,671
RXO INC	$28,470	$27,916
S&P GLOBAL INC	$402,726	$724,810
SABRE CORP	$146,590	$76,620
SAFRAN SA UNSPON ADR	$2,341,241	$2,434,283
SANOFI SPONSORED ADR	$278,985	$280,942
SCHNEIDER NATIONAL INC-CL B	$73,348	$66,409
SEA LTD	$998,433	$227,371
SEALED AIR CORP	$79,585	$90,283
SECOM LTD UNSPONSORED ADR	$134,141	$110,795
SELECT ENERGY SERVICES INC-A	$77,832	$72,072
SEMRUSH HOLDINGS INC-A	$28,595	$20,602
SERVICE NOW INC	$1,027,272	$755,185
SHELL PLC-W/I-ADR SEDOL BPK3CG3	$864,908	$1,007,161
SHIFT4 PAYMENTS INC-CLASS A	$121,316	$126,570
SHOALS TECHNOLOGIES GROUP -A	$142,282	$125,373
SILGAN HLDGS INC	$40,412	$78,589
SILK ROAD MEDICAL INC	$137,974	$159,501
SINGAPORE TELECOMMUNICATION ADR	$127,399	$114,447
SJW GROUP	$77,575	$108,145
SMARTSHEET INC	$78,649	$70,140
SMITH & NEPHEW P/C SPON ADR	$273,223	$228,753
SNAM RETE GAS	$281,534	$233,192
SNAP ON INC	$66,332	$94,366
SONOCO PRODUCTS CO	$65,438	$77,770
SONY GROUP CORPORATION ADR	$568,837	$545,173
SPIRE INC	$101,900	$95,853
SPROUT SOCIAL INC - CLASS A	$126,110	$116,308
SSE PLC SPN ADR	$221,025	$245,277
STAAR SURGICAL CO COM NEW PAR $0.01	$65,239	$45,045
STAG INDUSTRIES INC	$196,327	$193,731
STANDEX INTERNATIONAL CORP	$123,018	$150,235
STIFEL FINL CORP	$60,369	$105,008
SURGERY PARTNERS INC	$91,149	$170,336
SYNEOS HEALTH INC	$168,715	$112,718
SYNOPSYS INC	$22,917	$161,561
SYSCO CORP	$300,650	$304,195
TAIWAN SEMICONDUCTOR MTG CO ADR	$1,457,793	$957,271
TAKE TWO INTERACTIVE SOFTWARE CDT	$99,997	$74,869
TAKEDA PHARMACEUTIC SPON ADR	$323,265	$274,950
TECHNIPFMC LTD SEDOL BDSFG98	$900,948	$918,517
TEGNA INC	$20,166	$36,489
TELIA COMPANY AB	$259,182	$147,190
TENNANT CO	$116,867	$99,312
TESCO PLC ADR	$230,839	$204,211
THE SCOTTS MIRACLE-GRO COMPANY	$50,931	$32,895
THE TRAVELERS COS INC	$96,433	$181,303
THERMO FISHER SCIENTIFIC INC	$986,183	$3,774,980
THOR INDUSTRIES INC	$137,696	$105,460
TJX COMPANIES INC NEW	$67,853	$146,703
TOKIO MARINE HOLDINGS ADR	$153,080	$234,916
TOPGOLF CALLAWAY BRANDS CORP	$130,503	$120,949
TOWNE BANK	$31,181	$33,492
TOYOTA INDUSTRIES-UNSPON ADR	$159,573	$146,442
TREEHOUSE FOODS INC	$198,730	$216,433
TREX COMPANY INC	$202,512	$184,432
TRUPANION INC	$72,495	$95,963
ULTRAGENYX PHARMACEUTICAL IN	$97,875	$53,650
UMB FINL CORP	$7,208	$11,442
UMPQUA HLDGS C	$186,551	$233,050
UNION PACIFIC CORP	$1,867,770	$6,596,215
UNITED OVERSEAS BK LTD SPONSORED ADR	$246,662	$325,088
UNITED UTILITIES GROUP PLC SPON ADR	$10,458	$9,936
UNITEDHEALTH GROUP INC	$1,031,302	$1,593,191
UNIVERSAL HEALTH SERVICES INC CLASS B	$131,348	$153,429
UNIVEST FINANCIAL CORP	$124,295	$117,977
URBAN OUTFITTERS INC	$115,126	$86,337
US BANCORP DEL COM NEW	$240,420	$214,518
US BANCORP PFD SER B CALL 4/15/2011 @25.00	$107,946	$89,056
US BANCORP PFD SER M 04.000% 12/31/2049	$16,227	$14,113
VALLEY NATIONAL BANCORP	$19,523	$21,806
VALMONT INDUSTRIES INC	$173,221	$215,928
VALVOLINE INC	$100,301	$152,051
VARONIS SYSTEMS INC	$200,131	$184,482
VIAVI SOLUTIONS INC -W/I	$257,126	$207,194
VISA INC CLASS A SHARES	$1,057,244	$1,613,464
VORNADO REALTY TRUST	$112,048	$91,065
WEBSTER FINANCIAL CORP	$76,546	$82,892
WEC ENERGY GROUP INC	$66,243	$98,354
WELLS FARGO & COMPANY	$1,258,015	$1,528,721
WERNER ENTERPRISES INC	$21,573	$21,660
WESTERN ALLIANCE BANCORP	$271,128	$365,341
WH GROUP LTD - SPON ADR	$289,579	$192,953
WINGSTOP INC	$65,152	$118,628
WINTRUST FINL CORP	$254,066	$261,589
WIX.COM LTD	$66,950	$52,705
WOODWARD INC	$673,261	$558,889
WPP PLC ADR	$318,656	$212,519
WR BERKLEY CORP	$80,079	$186,795
WUXI BIOLOGICS CAYMAN - ADR	$587,439	$866,977
XCEL ENERGY INC	$253,638	$253,097
XOMETRY INC-A	$86,120	$57,821
XPO INC	$76,670	$85,555
XYLEM INC	$167,807	$297,986
YANDEX INV A	$16,520	$0
YETI HOLDINGS INC	$91,609	$57,504
ZIMMER BIOMET HOLDINGS, INC	$10,203	$11,985

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$17,423,236	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$15,553,493	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$108,800	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$101,896	StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (33 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
AMERICAN BEACON AHL MANAGED FUTURES STRATEGY FUND R5 CLASS	FMV	$8,499,999	$6,818,320
BLACKROCK EVENT DRIVEN EQ-IS	FMV	$15,700,000	$16,244,777
CARLYLE REALTY FOREIGN INVESTORS VIII A LP	FMV	$2,534,300	$4,242,099
COWEN HEALTHCARE INVESTMENTS IV, LP	FMV	$2,328,209	$2,170,701
ENERGY SELECT SECTOR SPDR FUND ETF	FMV	$15,303,430	$16,090,544
EV GL MACR ABS RTRN ADV FUND CLASS R6	FMV	$10,300,000	$9,513,293
FOREVER INC.	FMV	$93,574	$41,372
GCM GROSVENOR CIS III, L.P.	FMV	$1,236,112	$1,263,942
GLDMN SCHS ABS RTRN TR FUND CLASS R6	FMV	$10,250,000	$9,312,013
GLOBAL X AUTONOMOUS&ELEC-E ETF	FMV	$3,403,687	$2,624,390
GLOBAL X CLOUD COMPUTING ETF ETF	FMV	$1,846,729	$1,715,066
GLOBAL X CYBERSECURITY ETF	FMV	$1,973,958	$1,392,678
GLOBAL X FINTECH THEMATIC ET ETF	FMV	$3,981,297	$3,199,061
GLOBAL X INTERNET OF THINGS ETF	FMV	$2,208,434	$3,432,571
GLOBAL X LITHIUM & BATTERY TECH ETF	FMV	$1,167,434	$2,586,577
GLOBAL X ROBOTICS & ARTIFI ETF	FMV	$3,277,400	$3,358,548
GLOBAL X SOCIAL MEDIA INDEX ETF	FMV	$2,517,905	$2,537,846
GLOBAL X VIDEO GAMES& ESPO ETF	FMV	$2,010,780	$1,812,506
HAMILTON LANE MARKET STREET OPPORTUNITIES FUND II LP	FMV	$4,418,195	$4,964,836
HAMILTON LANE MARKET STREET OPPORTUNITIES FUND LP	FMV	$3,831,140	$5,833,114
ISHARES CORE S&P SMALL CAP ETF	FMV	$4,998,740	$5,570,794
ISHARES MSCI ACWI ETF	FMV	$46,396,264	$49,556,339
ISHARES RUSSELL 2000 VALUE ETF	FMV	$138,291	$124,803
ISHARES RUSSELL MID-CAP GROWTH ETF	FMV	$12,007,849	$20,190,236
ISHARES RUSSELL MID-CAP VALUE ETF	FMV	$4,627,059	$6,494,738
ISHARES SELECT DIVIDEND ETF	FMV	$21,795,595	$21,935,934
SCHWAB U.S. TIPS ETF ETF	FMV	$8,044,485	$7,952,355
SPDR GOLD TRUST ETF	FMV	$14,390,415	$14,435,516
SPECIAL ASSETS TEMPORARY INVESTMENTS	FMV	$5,000,000	$5,000,000
VANGUARD LARGE CAP ETF	FMV	$44,394,901	$75,767,245
VANGUARD SMALL CAP GROWTH ETF	FMV	$4,717,922	$7,076,054
VANGUARD TOTAL BOND MARKET ETF	FMV	$56,069,093	$55,185,692
WISDOMTREE U.S. QUALITY DIVI ETF	FMV	$24,994,768	$32,250,348

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
PPD FED EXCISE TAX	$216,790	$394,514	$394,514
OPER LEASE - RIGHT OF USE ASSET		$911,996	$911,996

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
DUES & SUBSCRIPTIONS	$8,261	$0	$8,261
INSURANCE	$51,387	$7,256	$45,201
OFFICE EXPENSE	$21,223	$2,936	$18,287
TELEPHONE	$4,107	$568	$3,539
COMPUTER MAINTENANCE	$18,174	$2,514	$15,660
GRANT MANAGEMENT SOFTWARE	$13,077	$0	$13,077

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (7 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
CARLYLE REALTY FOREIGN INVESTORS VIII-A, L.P.	$630,145	$0	$630,145
HAMILTON LANE MARKET STREET OPP FUND	$241,919	-$92,572	$241,919
HAMILTON LANE MARKET STREET OPP FUND II	$251,947	-$23,867	$251,947
GCM GROSVENOR	-$12,602	$134,993	-$12,602
COWEN HEALTHCARE INVESTMENTS IV LP	$145,070	-$168,241	$145,070
HUDSON BAY FUND LP	$0	-$13,607	$0
OTHER REVENUE	$16,530	$16,530	$16,530

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	OPERATING LEASE LIABILITY	Desc
BOY Book Value	$0	BOYBookValueAmt
EOY Book Value	$911,996	EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
CONSULTING	$16,525	$2,286	$14,239
FISCAL AGENT FEE	$1,614,442	$1,614,442	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FEDERAL EXCISE TAX	CategoryTxt
Amt	$297,276	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt