SOROS ECONOMIC DEVELOPMENT FUND: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- SOROS ECONOMIC DEVELOPMENT FUND (EIN 13-3965896)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202203199349110255
- Schema version
- 2021v4.2
- 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
- Schedule B
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Compensation Explanation
- Depreciation Schedule
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T18:32:31-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8350 Broad Street Suite 900 | AddressLine1Txt |
| City | McLean | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133965896 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Soros Economic Development Fund | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JAMES BEAVER | InCareOfNm |
| Business Name Control | SORO | BusinessNameControlTxt |
| Phone | 2125480600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 224 West 57th St 9th floor | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | James Beaver | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 2125476967 | PhoneNum |
| Signature | 2022-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | James | PersonFirstNm |
| Person Last | Beaver | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Margaret A Bradshaw | PreparerPersonNm |
| PTIN | P00501222 | PTIN |
| Phone | 7032868000 | PhoneNum |
| Preparation | 2022-11-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $190,503,205 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $70,000,000 | ContriRcvdRevAndExpnssAmt |
| Net Gain Sale Ast Rev And Expnss | $931,323 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,236,051 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,092,100 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$9,658,009 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $61,980 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $61,273,314 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,154,080 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $779,017 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $779,017 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $144,789 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $144,789 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $810,690 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $840,148 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $17,540 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $2,819,225 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $16,798 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $4,571,261 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,780,752 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,105,950 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,050,950 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,677,211 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,831,702 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $55,596,103 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,154,080 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $248,233 | CashBOYAmt |
| Cash EOY | $7,500,183 | CashEOYAmt |
| Cash EOYFMV | $7,500,183 | CashEOYFMVAmt |
| Acct Rcvbl | $314,857 | AcctRcvblAmt |
| Acct Rcvbl BOY | $188,448 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $314,857 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $314,857 | AcctRcvblEOYFMVAmt |
| Pledges Rcvbl | $62,331,184 | PledgesRcvblAmt |
| Pledges Rcvbl BOY | $39,973,485 | PledgesRcvblBOYAmt |
| Pledges Rcvbl EOY | $62,331,184 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $62,331,184 | PledgesRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $68,508 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $93,420 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $93,420 | PrepaidExpensesEOYFMVAmt |
| Invst Land Cost Or Other Basis | $39,098 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $39,098 | InvstLandAccumDepreciationAmt |
| Other Assets BOY | $94,480,108 | OtherAssetsBOYAmt |
| Other Assets EOY | $120,263,561 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $120,263,561 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $134,958,782 | TotalAssetsBOYAmt |
| Total Assets EOY | $190,503,205 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $190,503,205 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $226,858 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $238,944 | AccountsPayableEOYAmt |
| Grants Payable BOY | $0 | GrantsPayableBOYAmt |
| Grants Payable EOY | $61,310 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $397,029 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $397,550 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $623,887 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $697,804 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $94,361,410 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $127,474,217 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $39,973,485 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $62,331,184 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $134,334,895 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $189,805,401 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $134,958,782 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $190,503,205 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $134,334,895 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $55,596,103 | ExcessRevenueOverExpensesAmt |
| Other Increases | $101 | OtherIncreasesAmt |
| Subtotal | $189,931,099 | SubtotalAmt |
| Other Decreases | $125,698 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $189,805,401 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|
| PRIS FROM PARTNERSHIP K-1S | $1,236,051 | $1,236,051 | $1,236,051 | |
| EIP LEVANT | -$143,951 | -$143,951 | $143,951 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,092,100 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $16,042 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $16,042 | SubtotalAmt |
| Tax Based On Investment Income | $16,042 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $21,549 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $21,549 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $5,507 | OverpaymentAmt |
| Applied To ES Tax | $5,507 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.SEDFNY.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMES BEAVER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2125476967 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 224 WEST 57TH ST 9TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Sean Hinton | ||||||||
| 224 West 57th St 9th floor | New York | NY | 10019 | CEO | 40.0 | $0 | $0 | $4,772 |
| Catherine Cax | ||||||||
| 224 West 57th St 9th floor | New York | NY | 10019 | Director of Investment | 40.0 | $0 | $0 | $4,772 |
| James Beaver | ||||||||
| 224 West 57th St 9th floor | New York | NY | 10019 | Treasurer | 40.0 | $0 | $0 | $4,772 |
| Maija Arbolino | ||||||||
| 224 West 57th St 9th floor | New York | NY | 10019 | Director | 1.0 | $0 | $0 | $4,772 |
| Gregory Taylor | ||||||||
| 224 West 57th St 9th floor | New York | NY | 10019 | Director | 1.0 | $0 | $0 | $4,772 |
| LEONARD BENARDO | ||||||||
| 224 West 57th St 9th floor | New York | NY | 10019 | DIRECTOR | 1.0 | $0 | $0 | $4,772 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | Province Or StateForeignAddress/ProvinceOrStateNm | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|---|
| Michel Mores | ||||||||||
| 48 CHANCERY LANE | LONDON | UK | WC2A 1JF | Legal Fees | $556,731 | |||||
| Palladium Impact Capital Limited | ||||||||||
| TURNBERRY HOUSE 2ND FL 100 BUNHIL | LONDON | UK | EC1Y 8ND | Consulting | $165,000 | |||||
| Market Access Africa Sarl | ||||||||||
| BOULEVARD JAMES-FAZY 2 | GENEVA | SZ | 1201 | CONSULTING | $143,351 | |||||
| Rootbridge Academy of Giving PVT LTD | ||||||||||
| 4016TH CROSS OFF 8TH MAIN MALLES | BANGALORE | IN | CONSULTING | $129,334 | KARNATAKA | |||||
| KPMG LLP | ||||||||||
| ACCOUNTING & TAX FEE | $116,443 | DEPT 0511 PO BOX 120511 | DALLAS | TX | 753120511 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 1 | ContractorPaidOver50kCnt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | GLOBAL ACCESS HEALTH: A NON-PROFIT THAT IS A UK BIOTECH CO SPECIALIZING IN THE DEVELOPMENT OF LATERAL FLOW RDTS FOR LOW AND MIDDLE INCOME COUNTRIES AT AFFORDABLE PRICES. | Description1Txt |
| Expenses1 | $17,009,760 | Expenses1Amt |
| Description2 | PLURALIS B.V.: INVESTS IN INDEPENDENT MEDIA COMPANIES THAT PROVDE INDEPENDENT, QUALITY REPORTING IN COUNCIL OF EUROPE COUNTRIES WHERE A PLURAL MEDIA IS AT RISK. | Description2Txt |
| Expenses2 | $5,142,500 | Expenses2Amt |
| All Other Program Rltd Invst Tot | $19,028,199 | AllOtherProgramRltdInvstTotAmt |
| Total | $41,180,459 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,696,015 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,696,015 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,696,015 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $70,440 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,625,575 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $231,279 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $231,279 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $16,042 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $16,042 | TotalTaxAmt |
| Distributable Before Adj | $215,237 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $215,237 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $215,237 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,831,702 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $41,180,459 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $805,862 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $44,818,023 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $215,237 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $1,245,394 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $16,968,660 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $71,786,177 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $36,255,800 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $126,256,031 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $44,818,023 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $215,237 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $44,602,786 | RemainingDistriFromCorpusAmt |
| Total Corpus | $170,858,817 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $47,642,301 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov To Next Yr | $123,216,516 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $42,357,930 | ExcessFromYear2Amt |
| Excess From Year1 | $36,255,800 | ExcessFromYear1Amt |
| Excess From Current Year | $44,652,612 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Province Or StateRecipientForeignAddress/ProvinceOrStateNm |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AVON MUTUAL LTD | |||||||||||
| OFFICE 310 SETSQUARED | ENGLAND SHED STATION APPROACH | UK | 00000 | NC | To provide relief to the poor and distressed and underprivileged by funding the establishment of a cooperative banking business | $175,475 | |||||
| Aswegrow Limited | |||||||||||
| 9 Hilltop Road Aberdeen | Aberdeenshire | UK | AB159RN | NC | To provide funding for the professional development of disadvantaged teachers by creating a revenue generating learning platform that will provide a blueprint on effective blended education at school level, and improve the effectiveness of the Grantee's aim to alleviate poverty for disadvantaged populations in the long run. | $95,000 | |||||
| Symplifica LLC | |||||||||||
| Carrera 13 93-68 of 504 | Bogota | CO | 00000 | NC | To support the implementation of internal diversity, equity and inclusion ("DEI") initiatives | $30,000 | |||||
| Southwest Mutual LTD | |||||||||||
| Broadwalk House Southernhay West | Exeter Devon | UK | 00000 | NC | To provide relief to the poor and distressed and underprivileged by funding the establishment of a cooperative banking business | $175,475 | |||||
| Hopewell Fund | |||||||||||
| PC | To provide relief to the poor and distressed and underprivileged by funding the establishment of a cooperative banking business in Southwest England that aims to increase the accessibility of banking services for low-income, under banked or un-banked populations, with a particular focus on Low Income Pensioners and Underserved Adults and certain neighborhoods that are among the most deprived according to the UK Indices of Multiple Deprivation | $125,000 | 1201 Connecticut Avenue NW Suite 3 | Washington | DC | 20036 | |||||
| 50Breakthroughs Foundation | |||||||||||
| PC | To provide bridge funding to close Oxygen Hub's funding gap in its operating and capital expenditures related to the unexpected delays in (i) setting up three (3) medical oxygen plants in Nigeria, Kenya and Ethiopia, and (ii) raising an equity investment round (the "Initiative") | $300,000 | 12 Creed Road | Oakland | CA | 94610 | |||||
| International Development Research Centre (IDRC) | |||||||||||
| 150 Kent street | Ottawa | CA | K1P 0B2 | PC | To provide funding for the grantee's research initiative titled Building Alliances to Transform the Care Economy in the Global South through Impact Investing | $150,000 | ON | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,050,950 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Aswegrow Limited | BusinessNameLine1Txt |
Recipient Foreign Address RecipientForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9 Hilltop Road Aberdeen | AddressLine1Txt |
| City | Aberdeenshire | CityNm |
| Country | UK | CountryCd |
| Foreign Postal | AB159RN | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | NC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | To provide funding for the professional development of disadvantaged teachers by creating a revenue generating learning platform that will provide a blueprint on effective blended education at school level, and improve the effectiveness of the Grantee's aim to alleviate poverty for disadvantaged populations in the long run. | GrantOrContributionPurposeTxt |
| Amt | $55,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $55,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp | |
| Dividends And Interest From Sec Dtl | DividendsAndInterestFromSecDtl | |
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $931,323 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|---|
| LOSS ON FOREIGN CURRENCY TRANSACTIONS | 01 | -$1,572,379 | |
| LOSS ON PRIS UNDER EQUITY METHOD OF ACCOUNTING | -$9,053,237 | ||
| PRI INVESTMENT INCOME | $967,607 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$641,056 | ExclusionAmt |
| Related Or Exempt Function Incm | -$8,085,630 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$8,726,686 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 11 | $-9,053,237.00 REPRESENTS INCOME/(LOSS) FROM PROGRAM-RELATED INVESTMENTS USING THE EQUITY METHOD OF ACCOUNTING. |
| 11 | $967,607 REPRESENTS INVESTMENT INCOME FROM PROGRAM-RELATED INVESTMENTS (PRIS). $619,442 FROM PROGRAM-RELATED INVESTMENTS, $131,643 from PRI Interest Income, $109,791 FROM PRI LOANS INTEREST INCOME, AND $106,731 FROM DIVIDEND INCOME. |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Foundation to Promote Open Society | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 224 WEST 57TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $70,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $144,789 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $144,789 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp (20 entries)
| DescDesc | AmtAmt |
|---|---|
| CEPHEUS GROWTH CAPITAL PARTNERS: HELPS TO HARNESS ETHIOPIA'S RAPID GROWTH AND SUPPORT THE SCALE UP OF EMERGING COMPANIES IN WAYS THAT ARE MORE INCLUSIVE AND WITH MORE EQUITABLE GAIN | $905,768 |
| PCP UGANDA YIELD FUND: TO ENABLE AGRIBUSINESS AND SMES TO BETTER SERVE SMALLHOLDER FARMERS BY PROVIDING PRODUCTS AND SERVICES THAT ENABLE THE FARMERS TO ACCESS MARKETS. | $1,261,673 |
| ACCION VENTURE LAB: AIMS TO DIRECTLY IMPACT THE LIVES OF MILLIONS OF LOW-INCOME HOUSEHOLDS AND MICRO-BUSINESSES THAT ARE CURRENTLY UN-/UNDER-BANKED. | $526,905 |
| EMERGING MEDIA OPPORTUNITY FUND: INVESTS IN INDEPENDENT NEWS MEDIA COMPANIES IN SELECT EMERGING AND FRONTIER MARKETS. | $123,971 |
| ALITHEIA IDF FUND LP:THE FUND INVESTS IN SMES THAT PRESENT AN OPPORTUNITY TO ADVANCE GENDER-DIVERSITY AND IMPACT WOMEN THROUGH THEIR PRODUCTS, SERVICES, SUPPLY CHAINS AND HIRING. | $2,051,000 |
| BHARAT INCLUSIVE TECH FUND: DECREASES SERVICES COSTS FOR BOTTOM OF THE PYRAMID CUSTOMERS. THE FUND FOCUSES ON EARLY STAGE COMPANIES LOOKING TO SERVE THESE CUSTOMERS IN AREAS | $1,309,000 |
| WORKING CAPITAL INVESTMENT FUND, LP: EARLY STAGE INVESTMENT VEHICLE WITH A PRIMARY OBJECTIVE TO CATALYZE RAPID CHANGE IN THE WAY IN WHICH MULTINATIONAL CORPORATIONS UNDERSTAND AND | $638,583 |
| MIDDLE EAST VENTURE: INVESTMENT TO PROMOTE TECHNOLOGICAL ADVANCEMENTS AND DEVELOPMENT IN THE WEST BANK AND GAZA STRIP, SPUR ECONOMIC GROWTH, JOB CREATION AND INNOVATION. | $27,000 |
| ACUMEN RESILIENT AGRICULTURE FUND: INVESTS IN PIONEERING AND EARLY-GROWTH STAGE INNOVATIVE AGRIBUSINESSES THAT ENHANCE THE CLIMATE RESILIENCE OF SMALLHOLDER FARMERS. | $750,663 |
| INJARO WEST AFRICA: INVESTMENT TO ENSURE SMALL-SCALE FARMERS HAVE AFFORDABLE, TIMELY & RELIABLE ACCESS TO IMPROVED SEED AND PLANTING MATERIALS IN WEST AFRICA. | $47,222 |
| SONG INV CO: INVESTMENT FOR THE PURPOSE OF INCREASING ECONOMIC OPPORTUNITIES AND JOB CREATION FOR LOW INCOME PERSONS IN DISTRESSED COMMUNITIES IN INDIA. | $54,706 |
| EIP LEVANT SICAV PLC:THE FUND INVESTS IN SMES WITH A FOCUS ON ESSENTIAL SERVICES, EXPORT ORIENTED BUSINESSES AND PRODUCTIVE SECTORS IN LEBANON. BY CREATING EMPLOYMENT | $143,951 |
| ILLUMEN CAPITAL IS A FUND OF FUNDS THAT DELIVERS LONG-TERM, UNIQUELY TAILORED RACIAL AND GENDER BIAS REDUCTION COACHING TO US-BASED IMPACT-ORIENTED PE/VC FUND MANAGERS | $1,435,456 |
| WWB CAPITAL PARTNERS II, LP:THE FUND INVESTS IN FEMALE-FOCUS FINANCIAL SERVICES COMPANIES IN EMERGING MARKETS. WWB WILL CONDUCT GENDER ASSESSMENTS TO DRIVE GENDER PARTICIPATION TO | $981,111 |
| ROOTBRIDGE SERVICES PRIVATE LTD:ROOTBRIDGE PROVIDES RETAIL FUNDRAISING SERVICES FOR SMALL AND LARGE INDIAN NGOS, PRIMARILY IN THE FORM OF SECURING RECURRING DONATIONS | $857,000 |
| UNIVERCELLS S.A.: AN INNOVATIVE BIO-MANUFACTURING PRO- VIDER FOCUSED ON INCREASING THE AVAILABILITY OF AFFORDABLE BIOLOGICS. UNIVERCELLS DISTRIBUTED MANUFACTURING MODEL WILL | $2,341,058 |
| GLOBAL ACCESS DIAGNOSTICS: GAD IS A NON-PROFIT FOUNDED IN APRIL '20 TO MANUFACTURE DIAGNOSTICS DEVELOPED BY MOLOGIC, A UK COMPANY SPECIALIZED IN R&D OF LATERAL FLOW RAPID DIAGNO | $2,413,584 |
| KIVA REFUGEE INVESTMENT FUND LLC: KIVA REFUGEE FUND PROVIDES FINANCING TO MICROFINANCE COMPANIES THAT WORK CLOSELY WITH DISPLACED POPULATIONS IN ORDER TO INCENTIVIZE THEM TO PROVID | $1,000,000 |
| SYMPLIFICA LLC: HR-TECH SAAS PLATFORM FOR EMPLOYERS(HOUSEHOL EMPLOYING DOMESTIC WORKERS (DWS), OFFERING AN INTEGRATED SOLUTION FOR MANAGING PAYROLL, SOCIAL SECURITY AFFILIATION, | $1,166,665 |
| INSURESILIENCE INVESTMENT FUND:FUND INVESTS IN COMPANIES OF- FERING INSURANCE SOLUTIONS FOR WEATHER EVENTS & TECHNOLOGY PLATFORMS THAT ENABLE INSURANCE COMPANIES TO OFFER THESE INS | $992,883 |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp (6 entries)
| Short ExplanationShortExplanationTxt |
|---|
| Sean Hinton |
| EMPLOYED AND PAID BY THE OPEN SOCIETY INSTITUTE (OSI). SEE EXHIBIT 1 FOR FURTHER DETAILS REGARDING SERVICE AGREEMENT BETWEEN SEDF AND OSI. |
| Catherine Cax |
| EMPLOYED AND PAID BY THE OPEN SOCIETY INSTITUTE (OSI). SEE EXHIBIT 1 FOR FURTHER DETAILS REGARDING SERVICE AGREEMENT BETWEEN SEDF AND OSI. |
| James Beaver |
| EMPLOYED AND PAID BY THE OPEN SOCIETY INSTITUTE (OSI). SEE EXHIBIT 1 FOR FURTHER DETAILS REGARDING SERVICE AGREEMENT BETWEEN SEDF AND OSI. |
| Maija Arbolino |
| EMPLOYED AND PAID BY THE OPEN SOCIETY INSTITUTE (OSI). SEE EXHIBIT 1 FOR FURTHER DETAILS REGARDING SERVICE AGREEMENT BETWEEN SEDF AND OSI. |
| Gregory Taylor |
| EMPLOYED AND PAID BY THE OPEN SOCIETY INSTITUTE (OSI). SEE EXHIBIT 1 FOR FURTHER DETAILS REGARDING SERVICE AGREEMENT BETWEEN SEDF AND OSI. |
| LEONARD BENARDO |
| Employed and paid by the Open Society Institute (OSI). See Exhibit 1 for further details regarding service agreement between SEDF and OSI. |
Depreciation Schedule DepreciationSchedule
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (43 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Province Or StateForeignAddress/ProvinceOrStateNm |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Accion Venture Lab | ||||||||||||||
| 10 Fawcett Street Suite 204 | Cambridge | MA | 02138 | 2019-07-10 | $3,000,000 | Accion Venture Lab is a fund that aims to directly imp- act the lives of millions of low-income house | $526,905 | NO | 4/29/22 | |||||
| Acumen Resilient Agriculture Fund | ||||||||||||||
| 40 Worth St Suite 303 | New York | NY | 10013 | 2019-10-08 | $5,000,000 | Acumen Resilient Agriculture Fund invests in pioneering and early-growth stage innovative agribusines | $750,663 | NO | 6/23/22 | |||||
| Alitheia IDF Fund | ||||||||||||||
| 2020-04-03 | $10,000,000 | The Fund invests in SMEs that present an opportunity to | $2,051,000 | NO | 2/14/22 | 6th Floor Tower A | CyberCity | MP | 72201 | |||||
| Bharat Inclusive Technologies Seed Holdi | ||||||||||||||
| 2019-04-25 | $5,000,000 | Bharat Inclusive Tech Fund is designed to decrease ser- vices costs for bottom of the pyramid custome | $1,390,000 | NO | 2/13/22 | IFS Court Bank Street 28 | Cybercity | MP | Ebene | |||||
| Cepheus Growth Capital Partners | ||||||||||||||
| 2019-09-30 | $10,000,000 | Helping to harness Ethiopia's rapid growth and support in ways that are more inclusive and with more | $905,768 | NO | 5/23/22 | 6th Floor Tower A | Cybercity | MP | Ebene | |||||
| Emerging Media Opportunity Fund I | ||||||||||||||
| 37 West 20th Street Suite 801 | New York | NY | 10011 | 2017-01-18 | $5,000,000 | Independent news media companies in select emerging and frontier mkts. Timely, accurate info. is crit | $123,971 | NO | 5/3/22 | |||||
| Ignia Fund LLP | ||||||||||||||
| 2013-01-23 | $5,000,000 | to alleviate poverty and community deterioration in Mexico by investing in commercial enterprises | $0 | NO | 4/29/22 | Av Ricardo Margin 575 | Parque Corporativo Santa Engracia | MX | 66267 | San Pedro Garza G | ||||
| Illumen Capital | ||||||||||||||
| 7315 Wisconsin Avenue Suite 250E | Bethesda | MD | 20814 | 2020-10-15 | $5,000,000 | Delivers long-term, uniquely tailored racial and gender bias reduction coaching to PE,VC fund manager | $1,435,456 | NO | 5/31/22 | |||||
| Injaro West Africa Agricultural Investme | ||||||||||||||
| 2013-04-24 | $5,000,000 | Advancing the social objectives of alleviating poverty & revitalizing distressed regions in W.Africa | $56,849 | NO | 7/1/22 | 24 Dr Joseph Riviere Street | Port Louis | MP | ||||||
| InsuResilience Investment Fund | ||||||||||||||
| 2020-06-18 | $10,400,000 | Improve the resilience of low-income vulnerable house- holds & Micro SMEs from extreme weather event | $992,883 | NO | 3/7/22 | 2 rue d Alsace L-1122 | Grand Duchy of Luxembourg | LU | ||||||
| IPDEV II (A cell of Investisseur & Parte | ||||||||||||||
| 2018-10-16 | $5,000,000 | provides capital to SMEs in countries with high poverty and unemployment rates and low agriculture | $0 | NO | 8/1/22 | 5 President John Kennedy St | Port Louis | MP | ||||||
| LeapFrog Financial Inclusion Fund | ||||||||||||||
| 2013-02-13 | $7,000,000 | to create social impact globally by providing access to quality microinsurance products | $0 | NO | 3/3/22 | 18N FR FELIX VAL ST 4 F UNIC CTR | PORT LOUIS | MP | ||||||
| Middle East Venture Capital Fund | ||||||||||||||
| 2013-03-22 | $5,000,000 | providing seed and early-stage financing to SMEs and create jobs within Palestinian Territories | $27,000 | NO | 2/8/22 | 13 Zarhin St Bldg B 1st Floor | Raanana | IS | 43657 | |||||
| Nomou Jordan Fund | ||||||||||||||
| 2018-10-25 | $8,500,000 | SME loans & technical assistance via business support to investees to increase outreach to refugees | $0 | NO | 2/17/22 | Block 9 Black River Road | Bambous | MP | 90203 | |||||
| PCP Uganda Yield Fund | ||||||||||||||
| 2019-07-02 | $4,400,000 | enable agribusiness & SMEs to better serve smallholder farmers by providing products and services | $1,261,673 | NO | 3/11/21 | Plot M697 Equata Building 2nd fl | Lugogo | UG | Kampala | |||||
| Siraj Palestine Fund | ||||||||||||||
| 2013-08-09 | $7,000,000 | provide seed & early-stage financing to SMEs located in distressed regions of Palestinian Territories | $0 | NO | 3/31/22 | UGLAND HOUSE PO BOX 309 | CJ | KY1-1104 | ||||||
| SONG Investment Management Company | ||||||||||||||
| 2008-12-17 | $24,000 | provide non-binding investment advice & recommendations to SONG about investments in SMEs in India | $0 | NO | 4/11/22 | Level 3 Alexander House 35 | Cybercity | MP | Ebene | |||||
| SONG Investment Company | ||||||||||||||
| 2013-03-22 | $6,000,000 | increasing economic opportunities and job creation for low-income persons in India, revitalize comm. | $54,706 | NO | 4/11/22 | Level 3 Alexander House 35 | Cybercity | MP | Ebene | |||||
| Working Capital The Supply Chain Innov | ||||||||||||||
| 1991 Broadway 180 | Redwood City | CA | 94063 | 2018-03-27 | $3,000,000 | reducing the space for the most severe forms of labor exploitation to occur | $638,583 | NO | 5/2/22 | |||||
| WWB Capital Partners II LP | ||||||||||||||
| 122 East 42nd Street 42nd Floor | New York | NY | 10168 | 2020-08-25 | $5,000,000 | invests in female-focused financial services companies in Emerging Markets | $981,111 | NO | 2/15/22 | |||||
| Cadence Health Inc | ||||||||||||||
| 405 14th Street 200 | Oakland | CA | 94612 | 2020-06-02 | $5,000,000 | public benefit corp, its vision is to make safe birth control widely available at affordable prices | $0 | NO | 2/17/22 | |||||
| Capfloat Financial Services Private Ltd | ||||||||||||||
| 2019-08-16 | $27,070,603 | provides small businesses & single household entrepre- neurs with short-term working capital finance | $0 | NO | 4/11/22 | Upper Palace Orchards Bellary Road | Sadashivnagar | IN | 560080 | Bangalore | ||||
| Hala Systems Inc | ||||||||||||||
| 2020-03-19 | $2,000,000 | aims to save civilian lives in conflict zones, monitor violence & bring accountability for war crime | $1,250,000 | NO | 1/18/22 | Rua Duque de Palmela n 27 1 esq | Lisboa | PO | 1250-097 | |||||
| Juhudi Kilimo | ||||||||||||||
| 2013-01-23 | $2,278,857 | provides asset-based financing to smallholder farmers & rural small and medium enterprises in Kenya | $0 | NO | 3/28/22 | 7th Floor K-Rep Centre Wood Avenue | Kilimani | KE | 00100 | Nairobi | ||||
| Univercells SA | ||||||||||||||
| 2020-12-10 | $6,000,575 | Bio-manufacturing provider focused on increasing the availability of affordable biologics. | $2,341,058 | NO | 6/14/22 | Rue Auguste Piccard 48 | Gosselies | BE | 6041 | |||||
| Union Trust Bank | ||||||||||||||
| 2009-11-18 | $1,939,443 | economic opportunities & job creation for low-income persons and to revitalize communities | $0 | NO | 6/13/18 | Lightfoot Boston Street | Freetown | SL | ||||||
| Global Access Diagnostics | ||||||||||||||
| 2020-10-14 | $5,015,974 | manufactures Rapid Diagnostic tests for Low and Middle Income Countries at affordable prices. | $2,413,584 | NO | 4/29/22 | Bedford Technology Park Thurleigh | Bedfordshire | UK | MK44 2YA | |||||
| MDIF Media Finance I BV | ||||||||||||||
| 37 W 20th St Ste 801 | New York | NY | 10011 | 2016-11-01 | $1,900,000 | loans to independent news media companies in select emerging and frontier markets | $0 | NO | 5/3/22 | |||||
| New Hampshire Community Loan Fund | ||||||||||||||
| 7 Wall St | Concord | NH | 28025 | 2019-07-01 | $7,500,000 | provides investment capital & technical to finance affordable housing, child care facilities | $0 | NO | 4/19/22 | |||||
| Real People Investment Holdings Limited | ||||||||||||||
| 2015-01-20 | $4,785,382 | is a South African company providing a range of lending products to individuals and SME. | $0 | NO | 6/14/22 | 160 Jan Smuts Ave | Rosebank | SF | 2195 | |||||
| Select Africa Finance Limited | ||||||||||||||
| 2017-05-19 | $3,000,000 | loans to employees of the Kenyan Government, or other low-income persons who are non or underbanked | $0 | NO | 7/1/22 | Ebene Heights | Cybercity | MP | Ebene | |||||
| Foundation to Promote Open Society | ||||||||||||||
| 224 West 57th Street | NEW York | NY | 10019 | 2014-10-31 | $288,889,046 | endowment grant within the meaning of treasury regulations Section 53.4945-5(c)(2) | $199,808,078 | NO | 5/27/22 | |||||
| Avon Mutual LTD | ||||||||||||||
| 2020-03-17 | $243,777 | relief to the poor & distressed & underprivileged by fu nding the estab. of a coop. banking business | $0 | NO | 3/11/21 | Office 310 SetSquared England She | Bristol | UK | BS1 6QH | Avon | ||||
| Southwest Mutual LTD | ||||||||||||||
| 2020-03-17 | $243,777 | relief to the poor & distressed & underprivileged by fu nding the estab. of a coop. banking business | $243,777 | NO | 3/11/21 | Broadwalk House Southernhay West | Exeter | UK | Devon | |||||
| Pearl Capital Partners | ||||||||||||||
| 2020-09-03 | $50,000 | provide relief to the poor and distressed (specifically smallholder farmers) | $50,000 | NO | 2/26/21 | Plot M697 Equata Building 2nd fl | Lugogo | UG | Kampala | |||||
| Kiva Refugee Investment Fund LLC | ||||||||||||||
| 986 Mission Street 4th Floor | San Francisco | CA | 94103 | 2021-05-08 | $3,000,000 | provides financing to microfinance companies that work closely with displaced populations in order t | $1,000,000 | NO | 5/27/22 | |||||
| Pluralis BV | ||||||||||||||
| 2021-04-19 | $5,142,500 | Investment holding company that invests in independent companies that provide independent, quality r | $5,142,500 | NO | 6/12/22 | Nes 76 1012KE | Amsterdam | NL | ||||||
| Symplifica LLC | ||||||||||||||
| 2021-12-27 | $1,750,000 | HR-tech SaaS platform for employers (households) emplo- ying domestic workers (DWs), offering an inte | $1,166,665 | NO | 4/8/22 | Carrera 13 93-68 of 504 | Bogot | CO | ||||||
| Global Access Health | ||||||||||||||
| 2021-07-06 | $17,009,760 | non-profit entity that is a UK-based biotechnology company specializing in the development of | $17,009,760 | NO | 4/29/22 | Bedford Technology Park Thurleigh | Bedfordshire | UK | MK44 2YA | |||||
| Avon Mutual LTD | ||||||||||||||
| 2021-04-11 | $175,474 | To provide relief to the poor and distressed and underprivileged by funding the establishment | $175,474 | NO | 1/19/22 | Office 310 SetSquared England She | Bristol | UK | BS1 6QH | |||||
| Southwest Mutual LTD | ||||||||||||||
| 2021-04-11 | $175,474 | To provide relief to the poor and distressed and underprivileged by funding the establishment | $175,474 | NO | 1/19/22 | Broadwalk House Southernhay West | Exeter Devon | UK | ||||||
| Aswegrow Limited | ||||||||||||||
| 2021-10-21 | $95,000 | To provide funding for the professional development of disadvantaged teachers by creating a revenue | $95,000 | NO | 3/16/21 | 9 Hilltop Road Aberdeen | Aberdeenshire | UK | AB159RN | |||||
| Symplifica LLC | ||||||||||||||
| 2021-11-30 | $30,000 | To support the implementation of internal diversity, equity and inclusion ("DEI") initiatives. | $30,000 | NO | 4/8/22 | Carrera 13 93-68 of 504 | Bogot | CO | ||||||
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| Part VII, Officers, Directors, and Trustees - EXHIBIT 1 | Part VII, Officers, Directors, and Trustees - EXHIBIT 1 | Soros Economic Development Fund ("SEDF") has an agreement with Open Society Institute ("OSI"), whereby SEDF agreed to pay for certain services to be provided by OSI. During 2017, SEDF entered into an agreement with OSI, whereby SEDF transferred their employees to OSI. In addition, OSI agreed to make an in-kind contribution to SEDF for certain services to be provided by OSI. Pursuant to the agreement, OSI maintains on its payroll and benefit plans certain employees who provide services to SEDF. |
| Section 332 | Section 332 | Development Fund, 13-3965896, a company organized under the laws of the United States. On August 2, 2019 Aspada Investment Advisors Pvt Ltd., liquidated under Section 332 and the regulations thereunder. (2) Dates of Distributions: There were no distributions made by Aspada Investment Advisors Pvt Ltd. during the tax year other than the liquidation. (3) Aggregate Fair Market Value and Basis: 100% of Aspada Investment Advisors Pvt Ltd.'s assets and liabilities were deemed to have been distributed to Soros Economic Development Fund in complete liquidation of Aspada Investment Advisors Pvt Ltd. (4) There were no private letter rulings issued by the Internal Revenue Service in connection with the liquidation. (5) The plan of complete liquidation was adopted and completed on August 2nd, 2019. |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $779,017 | LegalFeesAmt |
| Disbursements Charitable Prps | $779,017 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (44 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ASPADA INVESTMENT COMPANY | $15,035,761 | $16,245,597 | $16,245,597 |
| PROGRAM RELATED INVESTMENTS: | |||
| ACCION VENTURE LAB, L.P. | $3,018,645 | $2,775,640 | $2,775,640 |
| ACUMEN RESILIENT AGRI. FUND | $1,420,798 | $1,464,794 | $1,464,794 |
| ALITHEIA IDF FUND LP | $319,029 | $1,622,843 | $1,622,843 |
| BHARAT INCLUSIVE TECH FUND | $2,027,386 | $3,199,802 | $3,199,802 |
| CEPHEUS GROWTH CAPITAL PTRS | $3,240,271 | $3,669,417 | $3,669,417 |
| EMERGING MEDIA OPP FUND LP | $4,681,808 | $4,385,877 | $4,385,877 |
| IGNIA FUND I, L.P. | $1,031,843 | $911,419 | $911,419 |
| ILLUMEN CAPITAL | $890,072 | $3,180,144 | $3,180,144 |
| INSURESILIENCE INVESTMENT FUND | $4,267,923 | $5,460,409 | $5,460,409 |
| IPDEV II | $788,035 | $653,660 | $653,660 |
| WWB CAPITAL PARTNERS | $576,191 | $1,742,223 | $1,742,223 |
| INJARO WEST AFRICA | $791,846 | $909,610 | $909,610 |
| SONG INV COM. CLASS A SHARES | $3,000,371 | $3,328,535 | $3,328,535 |
| LEAPFROG FIN INCLUSION FUND | $463,334 | $463,334 | $463,334 |
| MIDDLE EAST VENTURE CAP FUND | $854,443 | $843,925 | $843,925 |
| SIRAJ PALESTINE FUND I, LP | $1,724,108 | $2,122,009 | $2,122,009 |
| INVESTISSEURE & PARTENAIRES | $0 | $0 | $0 |
| NOMOU JORDAN FUND LLC | $5,961,441 | $5,570,680 | $5,570,680 |
| PCP UGANDA YIELD FUND | $999,817 | $2,124,705 | $2,124,705 |
| WORKING CAP INNOVATION FUND LP | $1,602,559 | $2,843,674 | $2,843,674 |
| KIVA REFUGEE FUND | $0 | $974,586 | $974,586 |
| PLURALIS BV | $0 | $5,142,500 | $5,142,500 |
| EQUITY INVESTMENT: | |||
| CADENCE HEALTH INC | $2,500,000 | $2,500,000 | $2,500,000 |
| HALA SYSTEMS | $1,250,000 | $1,250,000 | $1,250,000 |
| ROOTBRIDGE SVCS PRIVATE LTD | $319,552 | $610,023 | $610,023 |
| CAPITAL FLOAT | $18,000,000 | $8,000,000 | $8,000,000 |
| JUHUDI KILIMO | $1,855,115 | $1,815,829 | $1,815,829 |
| SONG INVESTMENT MMGT COMPANY | $27,075 | $27,075 | $27,075 |
| UNIVERCELLS | $3,684,730 | $5,661,983 | $5,661,983 |
| UNION TRUST BANK LTD. | $736,658 | $675,000 | $675,000 |
| SYMPLIFICA | $0 | $1,166,665 | $1,166,665 |
| DEPOSITS: | |||
| GLOBAL AGRI-DEVT COMPANY | $0 | $0 | $0 |
| MDIF MEDIA FINANCE I B.V. | $1,651,056 | $1,651,056 | $1,651,056 |
| MEDIA DEVELOPMENT INVT FUND | $0 | $0 | $0 |
| NEW HAMPSHIRE COMM LOAN FUND | $7,500,000 | $7,500,000 | $7,500,000 |
| REAL PEOPLE INVT HOLDINGS | $3,651,520 | $3,410,630 | $3,410,630 |
| SELECT AFRICA | $2,996,500 | $2,996,500 | $2,996,500 |
| GLOBAL ACCESS DIAGNOSTICS | $2,715,450 | $5,058,525 | $5,058,525 |
| GLOBAL ACCESS HEALTH | $0 | $16,187,280 | $16,187,280 |
| ALLOWANCE FOR EST. LOSSES | -$5,103,229 | -$7,882,388 | -$7,882,388 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FOREIGN CURRENCY TRANSLATION LOSSES | Desc |
| Amt | $125,698 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| TELECOMMUNICATIONS | $6,636 | $6,576 |
| BANK CHARGES | $6,196 | $4,980 |
| LIABILITY INSURANCE | $23,458 | $0 |
| NY CHARITABLE REG. FEES | -$742 | $742 |
| PROVISION FOR LOANS - PRI | $2,779,157 | $0 |
| DELIVERY & POSTAGE | $9 | $0 |
| MAGAZINES & OTHER SUBSCRIPTION | $4,500 | $4,500 |
| BUSINESS MEALS & ENTERTAINMENT | $11 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Gain ON FOREIGN CURRENCY TRANSACTIONS | -$1,572,379 | |
| LOSS ON PRIS UNDER EQUITY METHOD OF ACCT | -$9,053,237 | |
| PRI Investment Income | $967,607 | $967,607 |
| PRI Partnership Ordinary Inc (Loss) | -$905,627 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROUNDING | Desc |
| Amt | $101 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DUE TO AFFILIATE | $916 | $30,895 |
| DUE TO NON-AFFILIATES | $0 | $1 |
| ACCRUED POST RETIREMENT MEDICAL | $396,112 | $366,654 |
| EMPLOYEE PAYABLES | $1 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CONSULTING FEES | CategoryTxt |
| Amt | $810,690 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $840,148 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAXES | CategoryTxt |
| Amt | $17,540 | Amt |