2025-02-03T10:51:35-06:00 2023-12-31 760269860 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 77027 990PF 2023-01-01 311551093 The Terry Foundation TERR 7135520002 3336 Richmond Ave 450 Houston TX 77098 Blair Abernathy Director of Finance 7135520002 2025-02-03 1 0 Kurt Coburn P01638285 7134395739 2025-02-03 2023 2025-03-06 01:10:19Z X 501352461 X 3676035 542098 542098 7245883 7245883 900745 331027123 517439 5456848 5867632 17821609 14173052 1045331 436916 608415 1028075 10800 1017275 595910 97483 498427 43816 21908 21908 51838 18234 29604 2226407 1154758 1071649 515 515 0 175919 9799 0 12621 8787 185035 37784 147251 67701 9575 58126 25619 0 25619 2517732 1575638 827851 7976519 3382197 4306125 19486374 19486374 27462893 3382197 23792499 -9641284 10790855 125244 68822 68822 11688123 8609479 8611622 107833 0 40097198 40467061 217524294 169773550 188890387 41813236 35119805 42461104 87874 85248 11413 2626 2626 168902102 177328921 220817587 213796 198091 19539 15705 15705 17547 17547 17547 440209331 431033653 501352461 27736 94243 50380 94243 78116 X 440115088 430955537 440115088 430955537 440209331 431033653 440115088 -9641284 481733 430955537 0 430955537 Publicly traded securities P 320236321 321154442 -918121 -918121 From Sch K-1 (Form 1065) P 3127625 3127625 3127625 Capital gain distributions P 2639 2639 2639 Distributions in excess of basis P 174786 174786 174786 Litigation proceeds P 85102 85102 85102 Sculptor Access Ltd P 2010-06-15 2023-01-26 3892294 4629000 -736706 -736706 TCW Residential Capital Structure Arbitrage (Cayman) Fund, LP P 2016-10-03 2023-10-31 285123 324461 -39338 -39338 Third Point Offshore Fund Ltd P 2005-10-07 2023-02-13 2348086 3000000 -651914 -651914 Z Capital Credit Partners CLO 20151 Ltd. P 2010-06-15 2023-03-15 449123 449123 0 0 Z Capital Loan Opportunity Offshore Fund Ltd. P 2012-05-15 2023-12-29 42718 569352 -526634 -526634 517439 149993 0 149993 0 149993 215283 0 138000 0 353283 X 0 203290 203290 0 0 0 0 0 0 0 0 0 1 1 0 1 1 TX 1 0 0 1 0 1 www.terryfoundation.org Blair Abernathy 7135520002 3336 Richmond Ave Suite 450 Houston TX 77098 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 Rhett G Campbell 3336 Richmond Ave 450 Houston TX 77098 CEO/Chair/Director 40.00 55555 22372 0 Yvonne R Moody 3336 Richmond Ave 450 Houston TX 77098 President/ED/Director 40.00 346580 43492 0 Brian G Yarbrough 3336 Richmond Ave 450 Houston TX 77098 Vice-Chair/Director 0.80 0 0 0 Blair Abernathy 3336 Richmond Ave 450 Houston TX 77098 VP/Treasurer/Sec/Dir Finance & Admin 40.00 235915 55589 0 Kristin K Eschbach 3336 Richmond Ave 450 Houston TX 77098 CIO 40.00 407280 77359 0 Brian K Carroll 3336 Richmond Ave 450 Houston TX 77098 Director 0.75 0 0 0 Kathryn E Flowers 3336 Richmond Ave 450 Houston TX 77098 Director 0.75 0 0 0 Scott A Grass 3336 Richmond Ave 450 Houston TX 77098 Director 0.75 0 0 0 Brandy C Horton 3336 Richmond Ave 450 Houston TX 77098 Director 0.75 0 0 0 Dr Elizabeth R Keeler 3336 Richmond Ave 450 Houston TX 77098 Director 0.75 0 0 0 R Carter Overton III 3336 Richmond Ave 450 Houston TX 77098 Director 0.75 0 0 0 Kim B Pekar 3336 Richmond Ave 450 Houston TX 77098 Director 0.75 0 0 0 Bonnie C Southerland 3336 Richmond Ave 450 Houston TX 77098 Director 0.75 0 0 0 Jeffrey C Stichler 3336 Richmond Ave 450 Houston TX 77098 Director 0.75 0 0 0 Josephine Koszegi 3336 Richmond Ave 450 Houston TX 77098 Program Director 40.00 186420 67056 0 Brandy Skillern 3336 Richmond Ave 450 Houston TX 77098 Business Intelligenc 40.00 114775 61727 0 Laura Sanders 3336 Richmond Ave 450 Houston TX 77098 Office Manager 40.00 107996 38567 0 Jamie Thyssen 3336 Richmond Ave 450 Houston TX 77098 IT Coordinator & Pro 40.00 103106 41499 0 Amber Masso 3336 Richmond Ave 450 Houston TX 77098 Director of Communic 40.00 107113 28620 0 3 Merrill Lynch 800 Capitol St 20th Floor Houston TX 77002 Investment management 1099387 Slalom Inc PO Box 101416 Pasadena CA 91189 Database development 883842 Aldridge PO Box 56506 Houston TX 77256 Information technology 73004 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 77027 Audit and tax services 53373 0 See Statement 17 23659039 0 266051946 13582510 223440685 503075141 0 0 503075141 7546127 495529014 24776451 24776451 149993 149993 24626458 0 24626458 0 24626458 23792499 0 23792499 24626458 0 0 9048131 7134975 2704329 18887435 23792499 0 0 0 23792499 0 833959 833959 18053476 0 0 0 0 0 0 8214172 9839304 7134975 2704329 X Sam Houston State University 1964 Bobby K Marks Drive Huntsville TX 77340 None I Scholarships for 10 Terry Scholars 218250 Texas AM University 400 Bizzel St College Station TX 77843 None I Scholarships for 163 Terry Scholars 3848850 Texas AM University at Galveston 200 Seawolf Pkwy Galveston TX 77554 None I Scholarships for 7 Terry Scholars 186000 Texas State University 601 University Dr San Marcos TX 78666 None I Scholarships for 59 Terry Scholars 1371750 Texas Tech University 2500 Broadway Lubbock TX 79409 None I Scholarships for 57 Terry Scholars 1339400 Texas Woman's University 6700 Fannin St Houston TX 77030 None I Scholarships for 44 Terry Scholars 896700 The University of Houston 4800 Calhoun Rd Houston TX 77004 None I Scholarships for 56 Terry Scholars 1492550 The University of North Texas 1155 Union Cir Denton TX 76203 None I Scholarships for 58 Terry Scholars 1379250 The University of Texas at Arlingto 701 S Nedderman Dr Arlington TX 76019 None I Scholarships for 56 Terry Scholars 1299200 The University of Texas at Austin The University of Texas Austin TX 78712 None I Scholarships for 163 Terry Scholars 3298500 The University of Texas at Dallas 800 W Campbell Rd Richardson TX 75080 None I Scholarships for 61 Terry Scholars 1798950 The University of Texas at El Paso 500 W University Ave El Paso TX 79968 None I Scholarships for 60 Terry Scholars 973350 The University of Texas at San Anto 1 UTSA Circle San Antonio TX 78249 None I Scholarships for 59 Terry Scholars 1366450 The Terry Scholars Fund 3336 Richmond Ave Suite 450 Houston TX 77098 N/A PC Administrative expenses 17174 19486374 0 14 542098 14 7245883 14 2807646 525990 383306 18 517439 Passthrough Sch K-1 income 525990 -411358 14 3056463 Royalty income 15 4097 -28052 14173626 0 14145574 0 0 0 0 0 0 0 0 0 0 X X 1 Howard L Terry Estate 3336 Richmond Avenue Ste 450 Houston TX 77098 1677072 X X 2 Nancy M Terry Estate 3336 Richmond Avenue Ste 450 Houston TX 77098 1700259 X X 3 Bob Gabriel 1111 Bagby Suite 4500 Houston TX 77002 9000 X 4 The Terry Scholars Fund 3336 Richmond Avenue Ste 450 Houston TX 77098 217000 X 1 Cash, interest in BDCM Opportunity Fund II LP/BDCM Opportunity Fund III LP/BDCM PTC Investment LP. 1514559 2023-01-01 2 Cash, interest in BDCM Opportunity Fund II LP/BDCM Opportunity Fund III LP/BDCM PTC Investment LP. 1541749 2023-01-01 Accounting and tax compliance 51838 18234 29604 Royalty assets 2011-11-11 87874 76461 SL 10.000000000000 8787 8787 Misc (Web/Video) 2011-11-11 54001 54001 SL 5.000000000000 0 0 F&F (Older) 2011-11-11 117640 117640 SL 7.000000000000 0 0 F&F (2016) 2016-11-11 3523 3523 SL 7.000000000000 0 0 F&F (2017) 2017-11-11 3142 3115 SL 7.000000000000 27 0 F&F (2021) 2021-11-11 9915 2242 SL 7.000000000000 1416 0 Office 2021-06-23 10119 10119 SL 5.000000000000 0 0 Office (2022) 2022-02-08 3201 534 SL 5.000000000000 640 0 Improvements (2021) 2021-11-11 12255 3083 SL 7.000000000000 1751 0 From Sch K-1 (Form 1065) Purchased 383306 Cost 0 383306 Direct Charitable Activities Form 990-PF, Part VIII-A, Line 1 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 Foundation's 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 through relationship-building, mentorship, and personal and professional development. TSAA Chapters promote the advancement of scholarship, the development of leadership, the dedication to service, and the cultivation of a Terry community in their respective areas.The Terry Scholar Alumni Advisory Board (TSAAB) is comprised of Terry Scholar Alumni who have distinguished themselves in their service to the Foundation and to their fellow Terry Scholars. These individuals represent the Foundation at Terry functions, such as banquets and picnics, and participate in discussions about strengthening and supporting the Terry Community.Terry Connect helps current students and alumni utilize this exclusive Terry network to connect with old friends, share job and internship opportunities, meet others in their profession, and more. 990-PF Part VI-A, Line 11, Schedule of Controlled Entities Name of Controlled Entity Employer ID No}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}}}}}Blackstone Alt Sol IV Offshore LP- SIF FOREIGNUSAddress Excess Business Holding [ ]Yes [X]No}}}}}}}250 Vesey Street, 11th FloorNew York, NY 10080}}}}}}}Description of Transfer and AmountThe foundation received distributions from this investment fund of $2,256,150.}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} ABS Corporation Home Equity Loan Trust 2004-HE9 12/25/34 0 302216 ACE Securities Asset-Backed Series 2004-OP1 Class M5 477950 118004 Ameriquest 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Home Equity Loan 2006-6 Class 01/25/37 99502 117141 Park Place Sec ABS 2004 MCW1 Class M4 10/25/34 885507 797321 Popular ABS Mortgage 2005-3 Class M-2 07/25/35 547428 824407 PPSI 2005-WCH Class M-6 01/25/35 280147 599285 PPSI 2005-WHQ Class M-5 05/25/35 243750 592970 RAMP 2005-EFC1 05/25/35 468000 752114 Renaissance Home Equity Loan ABS 2002-4B 03/25/33 0 3244 Renaissance Home Equity Trust 2004-2 Class M-3 07/25/34 468164 782423 Residential Asset Securities ABS 2003 KS11 Class MII3 01/25/34 247143 235282 Residential Mortgage ABS 2003 Series RS7 Class MII3 08/25/33 352913 471262 Residential Mortgage ABS 2005 Series EFC3 Class M8 08/25/35 795404 797122 RLV LIRN CS Part 128% SV 1326.478 Due 11/28/25 2000000 2210000 SAST 2004-2 Class MF-4 08/25/35 463617 461260 Saxon Asset Securities Asset-Backed Series 1999 5 Class BF 08/25/28 843643 653099 Saxon Asset Securities Asset-Backed Series 2007 1 Class M1 01/25/47 931275 978582 Soundview Home Loan ABS 2005 Series CTX1 Class M6 11/25/35 342442 677340 SP500 CLIRNS BNS Cap 51.38% SV 2926.17 Due 04/26/24 Buffer 20% 500000 727500 Structured Asset ABS 2005 HE1 M3 Var% 07/25/35 169303 310574 Structured Asset ABS 2005 WF1 M3 Var% 07/25/35 285364 659437 Structured Asset CMO 2003 AL1 B2 3.356% 04/25/31 415845 24467 Structured Asset CMO 2006 AR5 4A1 Var% 05/25/46 77801 156358 SX5E LIRN ISS RBC 161.00% SV 3,456.70 Due 09/24/27 Buffer 20% 4692420 5937444 SX5E LIRN ISS TD 173.20% SV 3,757.05 Due 08/27/27 Buffer 20% 2985000 3477000 67 Accenture PLC 16712 23511 67 Adobe Inc 35737 39972 452 Advantest Corporation 16191 15256 2,103 Adyen NV 31447 27087 8,408 Alphabet Inc Class A 658179 1174514 6,540 Amazon.com Inc 694152 993688 68 Ameriprise Financial, Inc. 22605 25828 4,843 Amphenol Corporation 442553 480087 76 Aon PLC 17349 22118 12,230 Apple Inc 1322468 2354642 338 Aptiv PLC 30919 30325 5,600 Arbor Realty Trust Inc 6.375% Sr D Pfd 136850 98840 253 Arch Capital Group Ltd. 18369 18789 38 ASML Holding NV 14635 28763 303 AstraZeneca plc 19741 20407 38 Asuransi Maximus Graha Persada Tbk PT 13986 19730 939 Atlas Copco 11026 16162 133 Atlassian Corp 35143 31635 395 BAE Systems PLC 20667 22838 820 Bank of America Corp 22446 27609 914 BlackRock Inc 633486 741985 3,881 Boeing Co 794855 1011621 14,386 Boston Scientific Corporation 712080 831655 514 Broadcom Inc 285783 573753 203 Canadian Natural Resources Ltd 13453 13286 472 Canadian Pacific Kansas City Ltd 31738 37316 113 Celanese Corporation 14222 17557 335,925 Cementir Holding NV 9909422 13467233 176 CF Industries Holdings, Inc. 14382 13992 124 Chevron Corp 19593 18496 671 Cisco Systems Inc 35132 33899 29,342 Communication Services Select Sector SPDR Fund 1615902 2131990 3,924 ConocoPhillips 284355 455459 87 Constellation Brands, Inc. 21487 21032 10,943 Consumer Discretionary Select Sector SPDR Fund 1537917 1956718 2,165 Costco Wholesale Corporation 941605 1429073 511 CT Global Managed Portfolio Trust PLC Growth 14112 14211 89 Cummins Inc 20284 21322 292 CVS Health Corp 20748 23056 100 Danaher Corp 21495 23134 185 Darden Restaurants, Inc. 27072 30396 294,152 DoubleLine Shiller Enhanced CAPE Class I 4357438 4197555 17,096 DoubleLine Shiller Enhanced International CAPE Class I 199956 209086 219,230 DoubleLine Total Return Bond Fund Class I 1905102 1937996 222 DR Horton Inc 24224 33740 142 DTE Energy Co 14751 15657 1,576 Eli Lilly And Co 709756 918682 15,504 Energy Select Sector SPDR Fund 1318490 1299855 42 EPAM Systems Inc 18482 12488 173 Evolution AB 28472 20658 496 Experian PLC 19628 20206 8,427 Exxon Mobil Corp 965906 842531 118 Ferguson Enterprises Inc 17445 22782 1,473 Ferrari NV 453203 498501 2,125 Fidelity 500 Index Fund 258750 351621 6,436 Fidelity MSCI Utilities Index ETF 273452 262975 37,321 Financial Select Sector SPDR Fund 1272998 1403270 6,354 First Trust Cloud Computing ETF 411343 557055 197 Fiserv Inc 23348 26170 10,687 Global X U.S. Infra Developments UCITS ETF USD Acc 306288 368274 19,128 Health Care Select Sector SPDR Fund 2536601 2608677 1,939 Hilton Hotels Corporation Common Stock 224340 353073 2,044 Home Depot Inc 606902 708348 1,599 Honeywell International Inc 224931 335326 1,636 Host Hotels & Resorts Inc 26930 31853 1,379 HP Inc 37436 41494 240 IBM Common Stock 34781 39252 828 ICICI Bank Ltd 18541 19738 118 ICON PLC 27051 33402 905 Intel Corp 31982 45476 3,326 Invesco KBW Bank ETF 142576 163606 616,227 Invesco Senior Floating Rate Fund Class Y 4057955 4104071 5,073 iShares Biotechnology ETF 666622 689167 127,381 iShares MSCI Emerging Markets ex China ETF 6629774 7058181 38,537 iShares MSCI Eurozone ETF 1723461 1828195 67,056 iShares MSCI Japan ETF 3693161 4300972 354,957 iShares MSCI Pacific ex Japan ETF 15509912 15408683 3,852 iShares MSCI Sweden Etf 135653 152038 9,932 iShares MSCI Switzerland ETF 451751 479418 362,023 iShares MSCI United Kingdom ETF 11753397 11964860 2,801 iShares US Aerospace & Defense ETF 314406 354607 6,502 JPMorgan Chase & Co 802078 1105990 7,420 JPMorgan Equity Premium Income ETF 399901 407952 30,816 Kenvue Inc 674313 663469 75 KLA Corp 36033 43598 46 Linde PLC 15459 18893 606 LKQ Corp 29154 28961 476,812 Lord Abbett Inflation Focused Fund Class I 5516552 5492878 194 Loreal Unspons ADR 17963 19286 129 Lowe's Companies Inc 26019 28709 124 LVMH Moet Hennessy 12611 20144 9,681 LyondellBasell Industries NV 164743 143956 60 Mastercard Inc 24032 25591 2,252 McDonald's Corp 607135 667741 46 McKesson Corp 20374 21297 19 MercadoLibre Inc 26254 29859 199 Merck & Co Inc 20859 21695 2,029 Meta Platforms Inc 621320 718185 371 Metlife Inc 23373 24534 467 Microchip Technology Inc 37033 42114 6,862 Microsoft Corp 1429209 2580387 173 Nestle SA 20302 20010 1,396 Netflix Inc 581268 679684 392 Novo Nordisk A/S 21829 40552 2,368 NVIDIA Corp 473438 1172681 316 O'Reilly Automotive Inc 251978 300225 3,841 Pacer Data & Infrastructure RE 112409 114500 561,882 Pacer US Cash Cows 100 Index 28111904 29212245 58,610 Pacer US Small Cap Cash Cows Index 2249685 2815038 1,868 Palo Alto Networks Inc 271877 550836 1,870 Parker-Hannifin Corp 539650 861509 605 Pfizer Inc 18420 17418 471,756 PGIM Short-Term Corporate Bond Fund- Class Z 4848523 4948722 3,005 Procter & Gamble Co 435995 440353 5,791 Progressive Corp 662312 922390 5,584 Prologis Inc 619248 744347 241 Public Service Enterprise Group Inc. 14751 14737 120 Quanta Services Inc 22283 25896 4,468 Real Estate Select Sector SPDR Fund 167852 178988 24 Regeneron Pharmaceuticals Inc 19816 21079 72 Roper Technologies Inc 35886 39252 2,479 Ross Stores Inc 300335 343069 1,569 S&P Global Inc 617425 691176 483 Safran SA 21263 21315 7,954 Schlumberger NV 318035 413926 374 Schneider Elect SE 11760 15046 750 ServiceNow Inc 338524 529868 92 Steris PLC 17258 20226 72 Stryker Corp 19989 21561 208 Target Corp 24244 29623 2,053 Tesla Inc 486293 510129 703 Thermo Fisher Scientific Inc 285679 373145 116 Thomson Reuters Corp 13302 16962 17,562 Tinybuild Inc 335605 272387 7,649 Toronto-Dominion Bank 547890 494278 142 Travelers Companies Inc 23667 27050 444 Tyson Foods Inc 21827 23865 2,941 Union Pacific Corp 607110 722368 713 United Rentals, Inc. 337001 408848 1,980 UnitedHealth Group Inc 995140 1042411 142 Valero Energy Corporation 19342 18460 3,423 VanEck FTSE Global Infrastructure (Hedged) ETF 134814 137844 105,690 VanEck MSCI International Value ETF 10745018 10691600 9,985 VanEck Semiconductor ETF 1411336 1746077 7,241 Vanguard Consumer Staples Index Fund ETF 1383256 1382741 21,102 Vanguard FTSE All-World ex-US Small-Cap Index ETF 2059484 2427363 4,903 Vanguard Industrials Index Fund ETF 931934 1080768 9,894 Vanguard Information Technology Index Fund ETF 3560354 4788696 1,654 Vanguard Materials Index Fund ETF 295515 314161 13,044 Vanguard Small-Cap Value Index Fund ETF 2195379 2347529 889 Verizon Communications Inc. 30566 33515 22,044 Virtus KAR Small-Mid Cap Core Fund Class I 378961 411994 1,532,394 Virtus Newfleet Multi-Sector Short Term Bond Fund Class I 6724520 6865127 3,707 Visa Inc 620590 965117 1,019 Walgreens Boots Alliance Inc 22715 26606 4,557 Walmart Inc 548287 718411 356 Walt Disney Co 29947 32143 113 Waste Connections Inc 16109 16868 17,856 WCM Focused International Growth Fund Institutional Class 438147 406406 5,076 Welltower Inc 422462 457703 175 Westinghouse Air Brake Technologies Corp 18356 22208 3,737 Zoetis Inc 502777 737572 30491771 30741537 9605427 9725524 Royalty assets 87874 85248 2626 2626 AG Mortgage Value Participation Fund Ltd. AT COST 3616567 3984791 Apollo European Credit Fund, L.P. AT COST 495319 47046 AQR Delphi Long-Short Equity Offshore Fund, L.P. AT COST 3485000 4207836 BDCM Offshore Opportunity Fund IV AIV, Ltd. AT COST 294038 363594 BDCM Offshore Opportunity Fund IV, Ltd. AT COST 1986338 4850287 BDCM Offshore Opportunity Fund V, Ltd. AT COST 1471209 2112641 BDCM Opportunity Fund II, L.P. AT COST 240596 90425 BDCM Opportunity Fund III, L.P. AT COST 1224075 2847355 BDCM Opportunity Fund IV AIV, LP AT COST 177278 80478 BDCM PTC Investment, LP AT COST 1943168 0 Black Diamond CLO 2014-1, Ltd. AT COST 480753 480753 Black Diamond Credit Strategies Offshore, Ltd. AT COST 2597706 5086312 Blackstone Alternatives Solution 2015 Trust (Tax Exempt) AT COST 3151399 11591622 Blackstone Alternatives Solution IV Fund (Offshore), L.P. AT COST 20788499 22603997 Blackstone Alternatives Solution VI Fund (Offshore) L.P. AT COST 3875000 4314483 Blackstone Alternatives Solution VIII Fund (Offshore) L.P. AT COST 1762161 1768059 Campus-Clarion Student Housing Partners, LP AT COST 257275 974141 Capital Royalty Partners II - Parallel Fund (A) Holdings L.P. AT COST 240114 13682 CQS ABS Feeder Fund Ltd AT COST 3596475 3862113 CRG Partners III (Cayman) Holdings L.P. AT COST 2398181 1426974 CRG Partners IV - Cayman Levered (Holdings) L.P. AT COST 2638626 2824194 GSO Energy Private Investors Offshore, L.P. AT COST 44736 95496 Hawk Ridge Partners Offshore Ltd. AT COST 3360000 4707639 Irradiant CLO Partners Fund I, L.P. AT COST 1441340 910043 Irradiant CLO Partners Fund II, L.P. AT COST 1252423 1195239 Kayne Anderson Core Real Estate, L.P. AT COST 12857986 16254381 Kayne Anderson Mezzanine Partners (QP), L.P. AT COST 6962 20978 Kayne Anderson Real Estate Debt Fund IV, L.P. AT COST 2827007 2794347 Kayne Anderson Real Estate Partners III, L.P. AT COST 542710 172325 Kayne Anderson Real Estate Partners IV, L.P. AT COST 13998080 12215268 Kayne Anderson Real Estate Partners V, L.P. AT COST 14353486 13921368 Kayne Anderson Real Estate Partners VI, L.P. AT COST 7903815 8705192 Kayne Anderson Renewable Energy Transition Fund LP AT COST 881614 942365 Kayne Anderson Renewable Infrastructure Partners, L.P. AT COST 4055240 3954544 Kayne Commercial Real Estate Debt, LP AT COST 5124872 4905920 Kayne Credit Opportunities Fund (QP) LP AT COST 0 272895 Kayne NewRoad Ventures Fund II, L.P. AT COST 1018138 1337342 Kayne Partners Fund III (QP), L.P. AT COST 840819 680042 Kayne Partners Fund IV (QP), L.P. AT COST 854156 1043992 Kayne Senior Credit II Offshore Fund, L.P. AT COST 449149 349666 Kayne Senior Credit III Offshore Fund, L.P. AT COST 1011335 1091127 KKR Custom Equity Opportunities Cayman Fund L.P. AT COST 1785937 3173695 Millennium Access Fund, Ltd. AT COST 4980938 5536663 NewRoad Fund III, L.P. AT COST 1678227 2421347 NewRoad Fund IV, L.P. AT COST 982394 1267613 NewRoad Fund IV AIV-I, L.P. AT COST 245993 204254 Oaktree Mezzanine Fund III, L.P. Class A AT COST 6326 504 Oaktree Mezzanine Fund III, L.P. Class B AT COST 49352 4686 Oaktree Real Estate Debt Fund II Feeder (Cayman), L.P. AT COST 527043 374185 Oaktree Real Estate Opportunities Fund V, L.P. AT COST 135845 37992 Oaktree Real Estate Opportunities Fund VI (Cayman), L.P. AT COST 995488 443975 Oaktree Real Estate Opportunities Fund VII (Feeder), L.P. AT COST 1371279 1155338 Portfolio Advisors Private Equity Fund 2012 (Offshore), L.P. AT COST 0 2749999 Summit Partners Concentrated Growth LS/QP Fund Ltd AT COST 3303000 3896348 Tiger Global PIP XV Private Investors Offshore, L.P. AT COST 917741 701916 UIRC-GSA International, LLC (19-A7%) AT COST 677708 970000 UIRC-GSA International, LLC (2021-B AI7.5%) AT COST 870000 1000000 Vista Equity Partners Fund VI-A, L.P. AT COST 588227 695676 Z Capital Credit Tactical Fund, L.P. AT COST 2324207 2007953 Z Capital Partners I, L.P. AT COST 9998624 20042448 Z Capital Partners II-A, L.P. AT COST 11149489 16125926 Z Capital Partners III-A, L.P. AT COST 5197458 8906117 Misc (Web/Video) 54001 54001 0 0 F&F (Older) 117640 117640 0 0 F&F (2016) 3523 3523 0 0 F&F (2017) 3142 3142 0 0 F&F (2021) 9915 3658 6257 6257 Office 10119 10119 0 0 Office (2022) 3201 1174 2027 2027 Improvements (2021) 12255 4834 7421 7421 General governance and counsel 43816 21908 21908 Deposits 17547 17547 17547 Dues and subscriptions 35372 32927 2445 Insurance 8349 1438 6911 Office expenses 36934 7542 29392 Passthrough Sch K-1 expenses 1634788 1520545 0 Payroll processing fees 41966 5863 36103 Telephone and communication expenses 35862 7323 28539 Terry Connect development and support 17279 0 17279 Terry Scholar Alumni Association programs 55675 0 55675 Terry Scholar Fall Banquets 154723 0 154723 Terry Scholar Interviews 195366 0 195366 Terry Scholar Orientations 68903 0 68903 Terry Scholar program development 34719 0 34719 Terry Scholar Spring Picnics 140707 0 140707 Terry Scholar Student Organization programs 57089 0 57089 Foreign dividends 2807646 2807646 2807646 Passthrough Sch K-1 income 2645105 3055889 2645105 Royalty income 4097 4097 4097 Difference between book and market value of donated securities 481733 5 Put SPXW 04250.000 15840 775 4 Put SPXW 04550.000 9025 8280 5 Put SPXW 04350.000 69378 1475 5 Put SPXW 04000.000 0 39730 4 Put SPXW 04400.000 0 120 Investment management fees 1135022 1135022 0 Administrative services 22943 0 22943 Information technology fees 1068442 19736 1048706 990-PF - Excise tax and penalties 166120 0 0 Foreign tax 9507 9507 0 Property and production tax 292 292 0