2022-03-12T13:16:08-08:00 2020-12-31 760269860 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 77027 990PF 2020-01-01 311551093 The Terry Foundation TERR 7135520002 3336 Richmond Ave 450 Houston TX 77098 Blair Abernathy Director of Finance 2022-03-12 true Blair Abernathy 999009999 Kurt Coburn P01638285 7134395739 0 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z X X 478472586 X 6651288 14233 14233 4904507 4904507 3413412 519376779 3843060 5894089 6441927 20877529 15203727 1096695 281068 815627 1201158 1201158 28943 14472 14471 26400 13200 13200 994250 681452 312798 412864 12274 21211 10306 198246 24249 173997 11948 1461 10487 26764 3274 23490 1685510 1372001 308663 5703989 2413757 2873891 21392955 21392955 27096944 2413757 24266846 -6219415 12789970 299054 299054 6907324 2379696 2379696 226273378 196745567 240281125 33328752 19200585 27629195 87874 58887 28987 28987 144629996 187184232 207812249 192953 182187 10766 10766 487590 31514 31514 411627040 405880401 478472586 0 X 371876579 371865596 39750461 34014805 411627040 405880401 411627040 405880401 411627040 -6219415 472776 405880401 405880401 Publicly traded securities 516596858 512275214 4321644 4321644 Capital gain distrubtions 11024 11024 11024 From Sch K-1 (Form 1065) 101767 -101767 -101767 Settlement proceeds 53147 53147 53147 COFI Investors LLC P 2010-01-01 2020-01-01 43053 43053 43053 Endeavour Regional Bank Opp Fund II LP P 2010-01-01 2020-01-01 1905301 1195430 709871 709871 GP Mortgage Opportunity Fund I LP P 2010-01-01 2020-01-01 780586 -780586 -780586 Kayne Anderson REP II (QP) LP P 2010-01-01 2020-01-01 20294 20294 20294 Manikay Offshore Fund Ltd P 2010-01-01 2020-01-01 836380 1270000 -433620 -433620 3843060 177781 177781 177781 225000 60000 124362 X 53419 false false false false false true true false true true TX true false false false false true www.terryfoundation.org Blair Abernathy 7135520002 3336 Richmond Ave Suite 450 Houston TX 77098 false false false false true false false false false false false false false false false true false false false false false false false Rhett G Campbell 3336 Richmond Ave 450 Houston TX 77098 CEO/Chairman 40.00 194688 21515 Yvonne R Moody 3336 Richmond Ave 450 Houston TX 77098 President/Dir 40.00 313905 36184 Edward T Cotham Jr 3336 Richmond Ave 450 Houston TX 77098 CIO/Director 40.00 220000 49941 Brian G Yarbrough 3336 Richmond Ave 450 Houston TX 77098 Vice Chair/Dir 1.00 0 Blair Abernathy 3336 Richmond Ave 450 Houston TX 77098 Treas/Fin Dir 40.00 224241 36221 Brian K Carroll 3336 Richmond Ave 450 Houston TX 77098 Director 1.00 0 James Davis 3336 Richmond Ave 450 Houston TX 77098 Director 1.00 0 Scott A Grass 3336 Richmond Ave 450 Houston TX 77098 Director 1.00 0 Dr Elizabeth R Keeler 3336 Richmond Ave 450 Houston TX 77098 Director 1.00 0 R Carter Overton III 3336 Richmond Ave 450 Houston TX 77098 Director 1.00 0 Kim B Pekar 3336 Richmond Ave 450 Houston TX 77098 Director 1.00 0 Bonnie C Southerland 3336 Richmond Ave 450 Houston TX 77098 Director 1.00 0 Jeffrey C Stichler 3336 Richmond Ave 450 Houston TX 77098 Director 1.00 0 Gayle Stinson 3336 Richmond Ave 450 Houston TX 77098 Director 1.00 0 Josephine Koszegi 3336 Richmond Ave 450 Houston TX 77098 Program Director 40.00 172587 47908 Brandy Skillern 3336 Richmond Ave 450 Houston TX 77098 Data Analyst 40.00 106488 44996 Laura Sanders 3336 Richmond Ave 450 Houston TX 77098 Office Manager 40.00 101811 29414 Jamie Thyssen 3336 Richmond Ave 450 Houston TX 77098 IT/Prog Analyst 40.00 98435 28134 Amber Masso 3336 Richmond Ave 450 Houston TX 77098 Dir Comm/Alumni 40.00 92501 17351 3 Merrill Lynch 800 Capitol St 20th Floor Houston TX 77002 Investment management 564433 Aldridge 4543 Post Oak Place Drive Ste 200 Houston TX 77027 Information technology 75623 Bloomberg Finance LP 731 Lexington Ave New York NY 10022 Investment advisement 54545 KELL Partners LLC 5924 South Congress Unit 31 Austin TX 78745 Information technology 106790 The Terry Foundation funds scholarships for incoming freshmen who have graduated from a Texas high school and will attend one of 13 Texas public universities. In order to select students with the greatest potential for success, the Foundations selection committees focus on candidates with a demonstrated history of involvement in activities, outstanding scholastic achievement and a well-rounded personality marked by a desire to succeed. The Terry Foundation program does not consist merely of issuing checks once a semester; it is a sense of family and community. Scholars are expected to participate in student organizations and to be involved on campus.The Terry Foundation presents Terry Scholar alumni a number of ways to give back to the Foundation through their time and resources to ensure a strong Terry family.The Terry Scholar Alumni Association (TSAA) exists to create opportunities for Alumni and current Terry Scholars to give back to the Terry Foundation and to the state of Texas th 2877864 241420447 6413093 193674510 441508050 0 441508050 6622621 434885429 21744271 21744271 177781 177781 21566490 21566490 21566490 24266846 3973 24270819 24270819 21566490 15591132 19929381 16312818 9048131 7134975 68016437 24270819 0 21566490 2704329 70720766 0 15591132 55129634 19929381 16312818 9048131 7134975 2704329 X Sam Houston State University 1964 Bobby K Marks Drive Huntsville TX 77340 None I Scholarships for 51 students 1053100 Texas AM University 400 Bizzel St College Station TX 77843 None I Scholarships for 134 students 3200350 Texas AM University at Galveston 200 Seawolf Pkwy Galveston TX 77554 None I Scholarships for 48 students 1359700 Texas State University 601 University Dr San Marcos TX 78666 None I Scholarships for 54 students 1041455 Texas Tech University 2500 Broadway Lubbock TX 79409 None I Scholarships for 61 students 1457500 Texas Woman's University 6700 Fannin St Houston TX 77030 None I Scholarships for 60 students 1083950 The University of Houston 4800 Calhoun Rd Houston TX 77004 None I Scholarships for 67 students 1534300 The University of North Texas 1155 Union Cir Denton TX 76203 None I Scholarships for 64 students 1344500 The University of Texas at Arlingto 701 S Nedderman Dr Arlington TX 76019 None I Scholarships for 57 students 1241900 The University of Texas at Austin Austin TX 78712 None I Scholarships for 178 students 3992450 The University of Texas at Dallas 800 W Campbell Rd Richardson TX 75080 None I Scholarships for 64 students 1770250 The University of Texas at El Paso 500 W University Ave El Paso TX 79968 None I Scholarships for 59 students 1093500 The University of Texas at San Anto 1 UTSA Circle San Antonio TX 78249 None I Scholarships for 59 students 1157600 UTHSC San Antonio 7703 Floyd Curl Dr San Antonio TX 78229 None I Scholarships for 3 students 62400 21392955 14 14233 14 4904507 525990 12489 18 3400923 Foreign dividends 14 3683375 Passthrough Sch K-1 income 525990 -555122 14 2750365 Royalty income 15 15471 -542633 14768874 14226241 false false false false false false false false false false X X 1 Robert Buckley 8338 Roland Canyon Cypress TX 77433 5000 X 2 Yvonne R Moody 4316 Holt St Bellaire TX 77401 5000 X 3 Ryan Harper 95 Franklin St Apt 5A New York NY 100133471 10000 X 4 Occam's Razor Technologies 1840 Michael Faraday Drive 35 Reston VA 20190 25000 X 5 Howard L Terry Estate 3336 Richmond Avenue Ste 450 Houston TX 77098 3302063 X X 6 Nancy M Terry Estate 3336 Richmond Avenue Ste 450 Houston TX 77098 3275810 X X 5 Partnership interest in Apollo European Credit Fund, L.P. 52838 2020-12-30 6 Partnership interest in Apollo European Credit Fund, L.P. 52838 2020-12-30 Bookkeeping 26400 13200 0 13200 Royalty assets 2017-01-01 87874 50100 SL 10.0000 8787 8787 Furniture and fixtures (2013) 2013-12-31 46990 44895 SL 7.0000 2095 256 Furniture and fixtures (2014) 2014-12-31 7353 6369 SL 7.0000 984 120 Furniture and fixtures (2015) 2015-12-31 58754 45646 SL 7.0000 8393 1026 Furniture and fixtures (2016) 2016-12-31 3523 2422 SL 7.0000 503 62 Furniture and fixtures (2017) 2017-12-31 3142 1768 SL 7.0000 449 55 From Sch K-1 (Form 1065) - Endeavour Reg Bank Opp II 298 Cost -298 From Sch K-1 (Form 1065) - Oaktree RE Opp Fund V LP 12787 Cost 12787 Disposal of leasehold improvements 2019-12 Donated 2020-12 442137 Cost -442137 General Explanation Supplemental Information for Form 990-PF 990-PF, Part I, Line 15The Foundation uses a professional employer organization (PEO) to administer payroll, benefits and other human resource services on its behalf. The PEO withholds and remits the employer and employee portions of federal and state wage and insurance withholding as well as all other benefits. As a result, the Foundation is not reporting any expenses on Part I, Line 15. All payroll related costs are reported on Lines 13 and 14. The required compensation disclosures for the foundation's officers and highest paid employees are reported on Part VIII, Lines 1 and 2, respectively. Ace Securities ABS 2004 FM2 M2 06/25/34 104645 220578 Ace Securities ABS 2004 OP1 M5 04/25/34 477950 525963 Ameriquest Mtg ABS 2004 R8 M5 09/25/34 312440 607879 Asset Backed SE ABS 2004 HE3 M4 06/25/34 92749 Asset Backed SE ABS 2004 HE9 M2 12/25/34 394354 Bear Stearns AD CMO 2004 12 M1 02/25/35 269522 467202 Bear Stearns AS ABS 2005 CL1 M1 09/25/34 998750 1190100 Bear Sterns ABS CMO 2004 AC6 M2 11/25/34 84991 84991 Centex Home Equ ABS 2005 B M4 03/25/35 560795 875748 Citigroup Inc 0% 8/28/24 2000000 2404000 Credit Suisse AG London 0% 5/30/25 775000 721525 Deutsche Bank AG London 0% 11/30/23 500000 615060 Deutsche Bank AG London 0% 2/28/25 1500000 1522500 Deutsche Bank AG London 0% 7/31/23 300000 462300 Deutsche Bank AG London Pfd 1000000 1281000 Deutsche Bk Ser Pfd Stk 800000 996800 Finance America ABS 2004 3 M3 11/25/34 141716 190069 Finance America ABS 2004 3 M4 11/25/34 182170 First Horizon CMO 2004 AA6 A2 01/25/35 95070 Fremont Home Lo ABS 2004 B M4 05/25/34 442844 Fremont Home Lo ABS 2004 C M3 08/25/34 168122 Fremont Home Lo ABS 2005 C M4 07/25/35 425320 1226037 GSAMP Trust ABS 2004 Opt M3 11/25/34 127472 294086 GSAMP Trust ABS 2006 HE5 A2C 08/25/36 231238 344438 GSAMP Trust ABS 2006 HE6 A3 08/25/36 62288 129499 GSAMP Trust ABS 2007 H1 A1B 01/25/47 320692 372379 GSAMP Trust ABS 2007 NC1 A2B 12/25/46 194882 380228 Harborview Mtg CMO 2005 2 X 05/19/35 78814 96728 IndyMac Idx M CMO 2004 AR8 2A2B 11/25/34 62547 22462 IndyMac Residen ABS 2005 A M7 03/25/35 273688 536500 Lehman Bros Hldgs Med-Term 02/09/17 269239 4600 Lehman Bros Hldgs Med-Term 11/1/14 611064 2500 Mastr Asset Bac ABS 2006 AM2 A3 06/25/36 149584 240645 Morgan Stanley ABS 2005 HE1 B3 12/25/34 181728 220943 Morgan Stanley ABS 2006 HE7 A2C 09/25/36 167461 398012 Morgan Stanley ABS 2007 HE6 A2 05/25/37 254716 359847 Nomura Home Equ ABS 2005 HE1 M6 09/25/35 203359 783359 Novastar Home E ABS 2006 4 A2C 09/25/36 234286 349974 Novastar Home E ABS 2006 6 A2B 01/25/37 237260 169229 Park Place Sec ABS 2005 WCH1 M6 01/25/35 280147 640516 Park Place Sec ABS 2005 WHQ2 M5 05/25/35 243750 694527 Popular ABS Mor ABS 2005 3 M2 07/25/35 547428 881620 Ramp Ser 200 ABS 2005 EFC1 M6 05/25/35 468000 759050 Renaissance Hom ABS 2002 4B 03/25/33 18035 Renaissance Hom ABS 2004 2 M3 07/25/34 472064 851399 Residentl Mtg ABS 2003 RS7 MII3 08/25/33 352913 430068 Saxon Asset Sec ABS 1999 5 BF 08/25/28 956867 1028251 Saxon Asset Sec ABS 2004 2 MF4 08/25/35 463617 654070 Soundview Home ABS 2005 CTX1 M6 11/25/35 342442 639011 Struc Asset CMO 2003 AL1 B2 3.4% 4/25/31 455226 195898 Struct Mtg Inv CMO 2006 AR5 4A1 05/25/46 252017 313780 Structured Asse ABS 2005 HE1 M3 07/25/35 169303 412010 Structured Asse ABS 2005 WF1 M3 02/25/35 285364 638470 66,781 Abbey Capital Futures Strat Fd I 738459 772656 2,308 Abbott Labs 194012 252703 99 Accenture PLC A 22415 25860 5,694 Activision Blizzard Inc 455626 528688 342 Adyen NV ADR 13176 15869 651 AIA Group ADR 26045 31984 270 Alcon Inc 16575 17815 3,726 Alexion Pharms Inc 453641 582150 8,528 Alliant Energy Corp 451984 439448 4,426 Allstate Corp Del 423912 486550 633 Alphabet Inc A 815003 1109421 350,183 AlphaCentric Income Opp Fund I 3549384 3862529 36,090 AlphaSimplex Mng Futures Strat Y 335928 371008 11,399 Altria Group Inc 463677 467359 261 Amadeus It Group ADR 16059 19612 403 Amazon Inc 890236 1312543 11,741 American International Group Inc 339694 444514 984 American Tower REIT Inc (Hldg Co) 225460 220869 545 Anthem Inc 154321 174994 56 Aon PLC A 11727 11831 7,132 Apple Inc 517590 946345 44,272 AQR Managed Futures Strat Fund I 376133 347536 65 ASML Holding NV 25034 31702 355 Atlas Copco AB ADR A 16674 18133 2,471 Ball Corp 164501 230248 452 Blackrock Inc 204184 326136 62,876 Brandywine Global Uncon Fixed Inc 741902 794753 25,612 Cabot Oil & Gas Corp 451386 416963 82 Canadian Pacific Railway Ltd 26466 28429 1,554 Capital One Finl 145373 153613 3,302 Chevron Corp 277412 278854 8,075 Cisco Systems Inc 393521 361356 4,211 Citigroup Inc New 226540 259650 7,495 CMS Energy Corp 486151 457270 68,990 Comm Services Select Sector 3910914 4655445 1,294 Constellation Brands Inc 232951 283451 25,614 Consumer Discretionary SPDR 3341389 4118219 1,099 Costco Wholesale Crp Del 257826 414081 263 CSL Ltd ADR 28236 28969 3,717 Danaher Corp Del 665082 825694 1,809 Deere Co 394181 486711 1,430 Dexcom Inc 468897 528700 16,677 Discovery Inc Series A 356107 501811 5,678 Dominion Energy Inc 454467 426986 301,283 DoubleLine Shiller Enh CAPE Cl I 4424506 5577262 70,741 DoubleLine Shiller Enh Int CAPE I 708632 850307 1,181,320 DoubleLine Total Ret Bond Fd I 12619279 12640119 20,000 DoubleLine Yield Opp Fund 391986 370200 283 DSV Panalpina AS ADR 23430 23778 3,824 Eaton Corp PLC 412992 459415 4,235 Entergy Corp New 452129 422822 2,001 Everest Re Group Ltd 426213 468414 700 Experian PLC ADR 27729 26572 1,611 Facebook Inc Amon Stock 337520 440061 64 Ferrari NV 12127 14689 4,445 Fidelity 500 Index Inst 522109 578580 3,069 Fidelity Natl Info Svcs Inc 394353 434141 29,913 First Trust Cloud Computing ETF 2222333 2842632 13,008 First Trust Dow Jones Internet Fd 2255410 2760688 2,569 Fiserv Inc 260089 292506 19,523 Freeport McMoran Inc 361175 507988 3,039 HCA Healthcare Inc 410265 499794 384 HDFC Bank 22428 27748 33,428 Health Care Select SPDR 3428671 3792072 3,033 Hershey Company 457158 462017 1,898 Hilton Worldwide Holdings Inc Reg 150876 211171 1,246 Home Depot Inc 216644 330963 2,296 Honeywell Intl Inc Del 325405 488359 53 Icon PLC 10818 10334 2,658 IQVIA Hldgs Inc 452631 476234 10,569 iShares Biotechnology ETF 1409141 1601098 173,900 iShares Edge MSCI USA Value ETF 14406396 15113649 238,290 iShares Inc Core MSCI Em Mkt ETF 12437019 14783512 232,514 iShares MSCI Eurozone ETF 8274169 10249217 199,002 iShares MSCI Pacific Ex-Japan 8452054 9526226 22,303 iShares MSCI Sweden ETF 678501 887659 67,218 iShares MSCI Switzerland ETF 2611229 3003300 314,887 iShares MSCI U K ETF 8903286 9223040 2,345 JPMorgan Chase & Co 263333 297979 7,985 JPMorgan Em Markets Equity Fund A 299313 349114 1,312,580 Kayne Anderson Energy Infr Fd 5920590 7385186 1,799 KLA Corp 379139 465779 9,121 Lincoln Ntl Corp Ind Npv 451490 458878 819 Lockheed Martin Corp 283717 290729 293 Lonza Group AG ADR 18619 18775 709,308 Lord Abbett Infl Focused Fund F 7721053 8256349 60 Lululemon Athletica Inc 20206 20882 224 LVMH Moet Hennessy ADR 22781 27940 2,105 McDonalds Corp 450470 451691 24 Mercadolibre Inc 30709 40205 9,839 Metlife Inc 388641 461941 408 Mettler-Toledo International Inc 470110 464990 2,589 Microchip Technology Inc 219792 357567 3,773 Microsoft Corp 491998 839191 65,000 Morgan Stanley Ser 3 0% 4/30/25 650000 1294241 170 Nestle SA ADR 19923 20026 8,522 NetApp Inc 364357 564497 922 Netflix Inc 360921 498553 9,929 Nextera Energy Inc 657607 766023 6,983 Pacer Benchmark Data And Infr 252689 250341 468 Parker Hannifin Corp 120565 127488 853 PepsiCo Inc 112250 126500 358 Pernod Ricard SA ADR 12079 13729 721,082 PGIM ST Corporate Bond Fund Z 8205152 8256385 9,301 Principal Financial Grp 386551 461423 2,246 Prologis Inc 176376 223836 6,467 Proshares Online Retail ETF 438976 490522 2,019 Public Storage $0.10 REIT 457808 466248 4,965 Republic Services Inc 454915 478130 2,385 Resmed Inc 373318 506955 200,000 RLV LIRN Issuer CS 2000000 1781200 1,843 Rockwell Automation Inc 455774 462243 2,547 Ross Stores Inc 246276 312797 50,000 S&P 500 Clirns Issuer Bns 500000 559500 300,000 S&P 500 Cyn Issuer HSBC 3000000 2973000 260,000 S&P 500 Stepup Issuer CS 2600000 3981640 40,000 S&P 500 Stepup Issuer HSBC 400000 598000 3,496 Sempra 452732 445425 17 Shopify Inc A 17998 19243 616 Sika AG Adr 15487 16774 375 Smith & Nephew PLC ADR 14435 15814 7,560 Southern Company 452837 464411 50,856 SPDR US Financial Sector ETF 1253535 1499235 87 Steris PLC 16225 16490 361 Taiwan Semiconductor ADR 31650 39363 264 Tencent Holdings Ltd ADR 19055 18979 848 Thermo Fisher Scientific Inc 186791 394981 3,452 T-Mobile US Inc 305310 465502 3,344 Tractor Supply Co 451440 470100 3,600 Travelers Cos Inc 451800 505332 4,748 Truist Finl Corp 234335 227572 9,889 Twitter Inc 359176 535489 1,878 Union Pacific Corp 247359 391037 13,872 Vanguard Consumer Staples ETF 2149058 2412618 15,925 Vanguard Industrial ETF 2185791 2707091 19,550 Vanguard Information Tech ETF 5303224 6916594 25,220 Vanguard Intl Equty Indx Fds 2461387 3072805 3,515 Vanguard Materials ETF 453311 551750 40,140 Vanguard Small Cap 6018441 7814455 7,735 Verizon Communications Inc 447000 454431 2,004 Vertex Pharmctls Inc 422844 473625 26,759 Viatris Inc 452227 501464 2,580,991 Virtus Newfleet MS ST Bd Fd I 12121145 12388757 2,396 Visa Inc A Shrs 287730 524077 2,917 Walmart Inc 331145 420485 2,358 Walt Disney Co 290003 427222 35,373 Wcm Focused Intnl Growth 707895 875486 1,673 West Pharmactl Svcs Inc 466777 473978 66,900 Western Asset Macro Opp Fund I 720152 792765 6,653 Xcel Energy Inc 455397 443555 4,871 Zoetis Inc 688582 806150 842,105 Palantir Technologies Inc 4336841 19831572 Miscellaneous 87874 58887 28987 28987 AG Mortgage Value Participation Fund Ltd AT COST 3123672 2853602 AMCI Poseidon Fund LP AT COST 4524942 818708 Apollo European Credit Fund LP AT COST 578453 105677 BDCM Offshore Opportunity Fd IV AIV Ltd AT COST 476731 531431 BDCM Offshore Opportunity Fund IV AIV LP AT COST 158447 176627 BDCM Offshore Opportunity Fund IV Ltd AT COST 2333380 2601112 BDCM Offshore Opportunity Fund V Ltd AT COST 256369 252806 Black Diamond CLO 2014-1 Ltd AT COST 923854 923854 Black Diamond Credit Strategies Off Ltd AT COST 3974048 3974048 Blackstone Alt Solution 2015 Trust (TE) AT COST 6037351 5905772 Blackstone Alt Solution IV Fund (Off) LP AT COST 24900000 27324735 Blackstone Alt Solution VI Fund (Off) LP AT COST 600000 582764 Campus-Clarion Student Housing Ptrs LP AT COST 2055686 3027342 Capital Royalty Ptrs II Par Fd A Hldg LP AT COST 252280 56964 CQS ABS Feeder Fund Ltd AT COST 3142051 2534216 CRG Partners III (Cayman) Holdings LP AT COST 3239979 3148971 CRG Partners IV - Cayman Levered (H) LP AT COST 1004747 1098602 Endeavour Regional Bank Opp Fund II LP AT COST 81078 81078 Garrison Point Opportunities I LP AT COST 2002359 713843 GSO Energy Private Investors Offshore LP AT COST 391768 520693 Hawk Ridge Partners Offshore Ltd AT COST 3360000 3799461 Highland Financial Partners LP AT COST KASS II Investors LLC AT COST 395170 535786 KASS Investors LLC AT COST 1688859 1878347 Kayne Anderson Core Real Estate LP AT COST 14945223 15481910 Kayne Anderson Real Estate Debt II LP AT COST 4710277 4878451 Kayne Anderson Real Estate Debt III LP AT COST 2358488 2500373 Kayne Anderson Real Estate Debt LP AT COST 1712156 1703887 Kayne Anderson Real Estate Partners V LP AT COST 14957285 16926223 Kayne Anderson Real Estate Ptrs III LP AT COST 356227 301198 Kayne Anderson Real Estate Ptrs IV LP AT COST 15070361 13156589 Kayne Anderson Renewable Inf Partners LP AT COST 4910899 6035709 Kayne CLO Partners Fund I LP AT COST 1689835 1566934 Kayne CLO Partners Fund II LP AT COST 1175046 1353849 Kayne Credit Opportunities Fund (QP) LP AT COST 925897 866022 Kayne NewRoad Ventures Fund II LP AT COST 1020366 1236307 Kayne Partners Fund III (QP) LP AT COST 1324457 1090033 Kayne Partners Fund IV (QP) LP AT COST 990149 1134792 Kayne Senior Credit II Offshore Fund LP AT COST 2381857 2176332 Kayne Senior Credit III Offshore Fund LP AT COST 1768857 1772236 KKR Custom Equity Opp Cayman Fund LP AT COST 2847051 3385111 MacKay Municipal US Infr Opp Fund LP AT COST 6683882 6805198 MIG Offshore Fund Ltd AT COST 1303000 1305009 NewRoad Fund III LP AT COST 589798 1154033 Oaktree Mezzanine Fund III LP Class A AT COST 4904 3007 Oaktree Mezzanine Fund III LP Class B AT COST 200492 115506 Oaktree Real Estate Debt Fund LP AT COST 120492 112609 Oaktree Real Estate Opp Fund V LP AT COST 357997 347489 Oaktree Real Estate Opp Fund VI (CJ) LP AT COST 995488 694533 Oaktree Real Estate Opp Fund VII (Fd) LP AT COST 1483034 1547504 Oaktree RED Fund II Feeder (Cayman) LP AT COST 695412 636261 Parallel Investment Opp Partners II LP AT COST 58857 Portfolio Adv Pvt Eqty Fd 2012 (Off) LP AT COST 659880 6680053 Summit Partners Conc Growth LS/QP Fd Ltd AT COST 3303000 3733819 TCW Residential Cap Str Arbge (CJ) Fd LP AT COST 1013831 1151310 UIRC-GSA International LLC AT COST 940278 1000000 Vista Credit Opportunities Fund II-A LP AT COST 372142 404420 Vista Equity Partners Fund VI-A LP AT COST 714910 826396 Z Capital Credit Partners CLO 2015-1 Ltd AT COST 530233 1000000 Z Capital Credit Tactical Fund LP AT COST 1750763 1685575 Z Capital Loan Opportunity Offsh Fd Ltd AT COST 630441 222769 Z Capital Partners I LP AT COST 12461126 21695520 Z Capital Partners II-A LP AT COST 9231596 12254382 Z Capital Partners III-A LP AT COST 4495878 5365604 Furniture and Fixtures 124306 118067 6239 6239 Machinery and Equipment 10119 10119 Improvements 4527 4527 4527 Miscellaneous 54001 54001 General governance and counsel 28943 14472 0 14471 Deposits 31514 31514 Bank service charges 3395 3395 Communication expenses 5419 5419 Computer equipment and supplies 7595 929 6666 Credit card processing fees 2235 2235 Dues and subscriptions 10994 10994 Insurance 9505 1163 8342 Office and kitchen supplies 38574 4719 33855 Passthrough Sch K-1 expenses 1365931 1361085 Postage and shipping 5976 5976 Scholar/Alumni program expenses 177818 177818 Telephone and internet expenses 33563 4105 29458 Videography 11447 11447 Website and social media expenses 2993 2993 Yearbook expenses 10065 10065 Foreign dividends 3683375 3683375 Passthrough Sch K-1 income 2195243 2743081 Royalty income 15471 15471 Difference between book & FMV of donated investments 472776 Administrative services 84133 0 0 84133 Information technology fees 244246 29876 0 214370 Investment advisement services 54545 54545 0 0 Investment management fees 597031 597031 0 0 Scholar interns 1000 0 0 1000 Terry Connect support fees 13295 0 0 13295 Excise tax 400590 Foreign tax 3997 3997 Property and production tax 470 470 State tax 7807 7807