2020-11-13T07:35:58-06:00 2019-12-31 861065772 DELOITTE TAX LLP 50 SOUTH SIXTH STREET SUITE 2800 MINNEAPOLIS MN 554021844 990PF 2019-01-01 462693090 GUILDER FOUNDATION GUIL 6124926813 50 SOUTH SIXTH STREET NO 1500 MINNEAPOLIS MN 55402 SONNY MILLER DIRECTOR, VP 6124926813 2020-11-12 1 CHRISTINA GAST P01673858 6123974000 69.147.208.238 2020-11-12 15:20:34 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 2FA45C4F7778C1CEC57DEFF76976F5A71E51BCD7 2019 2021-04-22 16:20:28Z X 126547569 X X 2128701 2094470 -1329927 34080259 0 0 1074408 798774 3168878 20000 10000 10000 4924 2462 2462 26268 14780 7634 126935 71655 0 564065 716872 131158 742192 815769 151254 5199000 5199000 5941192 815769 5350254 -5142418 2353109 266264 1085800 1085800 1136414 3228458 3228458 7649229 6033190 6469473 116084711 109647265 115763838 125136618 119994713 126547569 0 0 X 0 0 0 0 125136618 119994713 125136618 119994713 125136618 119994713 125136618 -5142418 513 119994713 0 119994713 PUBLICLY TRADED SECURITIES P 2019-12-31 33685808 34881573 -1195765 -1195765 CAPITAL GAIN DISTRIB. FROM PUBLICLY TRADED SEC. P 2019-12-31 118386 118386 118386 CAPITAL GAINS FROM SCHEDULE K-1'S P 2019-12-31 276065 276065 276065 -801314 0 6320635 115247122 0.054844 5692271 129822471 0.043847 2863438 114289094 0.025054 1989792 90979996 0.021871 32415 2609692 0.012421 0.158037 0.031607 123002514 3887740 23531 3911271 5350254 X 23531 0 23531 0 23531 73167 0 0 73167 X 0 49636 49636 0 0 0 0 0 0 0 0 0 1 1 0 1 1 MN 1 0 0 0 1 1 N/A SONNY MILLER 6124926813 50 SOUTH SIXTH STREET STE 1500 MINNEAPOLIS MN 55402 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 JOHN OTTERLEI 101 FIFTH STREET EAST SUITE 2400 MINNEAPOLIS MN 55101 PRESIDENT/TREASURER 1.00 10000 0 0 SONNY MILLER 50 S SIXTH STREET STE 1500 MINNEAPOLIS MN 55402 VICE PRESIDENT/SECRETARY 1.00 10000 0 0 NONE 0 CAMBRIDGE ASSOCIATES 125 HIGH STREET OLIVER TOWER BOSTON MA 02110 INVESTMENT ADVISORY SERVICES 366305 ARABELLA ADVISORS LLC 1201 CONNECTICUT AVE NW 300 WASHINGTON DC 20036 PHILANTHROPIC ADVISORY SERVICES 123736 0 0 78876024 2020403 43979222 124875649 0 0 124875649 1873135 123002514 6150126 6150126 23531 830 24361 6125765 0 6125765 0 6125765 5350254 0 5350254 23531 5326723 6125765 5198915 0 0 5350254 5198915 0 0 151339 0 0 0 0 0 0 0 0 5974426 0 0 0 X FIDELITY CHARITABLE GIFT FUND PO BOX 770001 CINCINNATI OH 452770053 N/A PC GENERAL OPERATIONS 5199000 5199000 0 14 2128701 18 -1329927 0 798774 0 798774 0 0 0 0 0 0 0 0 0 0 ACCOUNTING FEES 26268 14780 7634 ALIGN TECHNOLOGY INC. 196193 304712 COSTAR GROUP INC . 136180 198636 GARTNER INC. 323588 366142 INTERACTIVE BROKERS GROUP CL A 457284 330395 PEGASYSTEMS INC. 201245 216409 SQUARE INC. A 288312 265567 UNDER ARMOUR INC. 219129 198244 WAYFAIR INC. 409392 343858 WORKDAY INC. 244241 306206 ALPHABET INC. CAP STK CL C 127020 147072 ALTRIA GROUP INC COM 68978 61489 ANHEUSER BUSCH INBEV SA NV SHS ISIN 241077 204024 BERKSHIRE HATHAWAY INC DEL CL A 283873 339590 BERKSHIRE HATHWAY INC DEL CL B NEW 186871 220838 BROWN FORMAN CORP CL A 73433 93213 BROWN FORMAN CORP CL B 3748 5340 CIE FINANCIERE RICHEMONT AG ZUG NAMEN AKT 272834 259269 COMCAST CORP CL A 62722 85443 DIAGEO PLC ORD SHS 64576 76388 HEINEKIN HLDG NV SHS 280506 283653 JC DECAUX S A 60079 56351 MARTIN MARIETTA MATLS INC COM 86132 111856 MASTERCARD INC. CL A COM 341651 515068 NESTLE SA SPONSORED ADR REPSTG REG SHS 286521 397856 PERNOD RICARD ORD SHS 238663 262999 PHILIP MORRIS INTL INC COM 238181 253143 SWATCH GROUP AG THE AKT ISIN 192649 118531 UNILEVER NV NEW YORK SHS NEW 212708 221221 WELLS FARGO & CO NEW COM 235404 225960 DFA EMERGING MARKETS VALUE AT COST 5212870 5001847 FIRST EAGLE SOGEN OVERSEAS FUND CL I AT COST 1083328 1086929 ISHARES CORE MSCI EMERGING MKTS ETF AT COST 3655045 3789811 LONGLEAF PARTNERS FUND AT COST 1243897 1205004 SPDR S P GLOBAL NATURAL ETF AT COST 4248751 4054554 TWEEDY BROWNE GLOBAL VALUE II CCY AT COST 3359645 3307342 VANGUARD FTSE DEVELOPED ETF AT COST 10590536 10730108 VANGUARD TOTAL WORLD STOCK INDEX ETF AT COST 3543886 4052416 VANGUARD S P 500 ETF AT COST 7665057 9419159 VANGUARD REAL ESTATE ETF AT COST 3005142 3375143 ISHARES CORE U.S. AGGREGATE BOND ETF AT COST 4137118 4176905 VANGUARD TOTAL BOND MARKET INDEX I AT COST 12599807 13308921 FPA CRESCENT PORTFOLIO CL I AT COST 1798139 1777080 GOLDENTREE SELECT OFFSHORE LTD AT COST 200000 212072 CEVIAN CAPITAL II LTD AT COST 2750000 2802080 DAVIDSON KEMPNER INSTIT. PARTNERS AT COST 2500000 2661550 RENAISSANCE INSTITUTIONAL EQUITIES AT COST 2000000 2397692 PARAMETRIC GLOBAL DEFENSIVE EQUITY AT COST 1200000 1301045 INDABA CAPITAL PARTNERS (CAYMAN) LP AT COST 1600000 1906342 TELEGRAPH HILL PARTNERS IV LP AT COST 326000 311156 MAKAIRA INVESTORS AT COST 2600000 2932007 GOLDENTREE SELECT OFFSHORE AT COST 1500000 1619402 VAILNOR CAPITAL PARTNERS OFFSHORE AT COST 1500000 1529755 CANYON BALANCED FUND (CAYMAN) AT COST 1307654 1422623 LOMBARD GROUP VARIABLE ANNUITY AT COST 2600000 2411835 VARDE CREDIT PARTNERS OFFSHORE AT COST 1700000 1754346 TYBOURNE EQUITY (OFFSHORE) FUND AT COST 1400000 1217632 HBK MULTI-STRATEGY OFFSHORE FUND LTD AT COST 2400000 2513227 KINGSTOWN PARTNERS OFFSHORE LIMITED AT COST 4000000 3710483 WHALEROCK FLAGSHIP FUND LTD AT COST 1700000 1838553 GRAHAM GLOBAL INVESTMENT FUND II AT COST 1472197 1567826 NOKOTA CAPITAL OFFSHORE FUND LTD AT COST 804000 633565 MAVERICK LONG LTD AT COST 3502593 4230355 TWO SIGMA CHINA CORE EQ. CAYMAN FUND AT COST 1200000 1576151 SUSTAINABLE ASSET FUND II (CAYMAN) AT COST 153628 120968 PALANTINE REAL AT COST 104246 77244 RRG GLOBAL PARTNERS FUND L.P. AT COST 545215 605492 HULL STREET ENERGY PARTNERS AT COST 322794 287752 W CAPITAL PARTNERS AT COST 479987 580606 V3 REALTY PARTNERS AT COST 1200000 1348566 OBVIOUS VENTURES III, L.P. AT COST 42000 38627 IRIDIAN PRIVATE BUSINESS VALUE EQUITY AT COST 1200000 1289681 VALUEACT SPRING INTERNATIONAL, L.P. AT COST 2500000 2740010 OWNERSHIP CAP. GLOBAL EQ (USD) FUND AT COST 2600000 2786410 NOKOTA LCB, LLC AT COST 93730 53566 LEGAL FEES 4924 2462 2462 US BANK INVESTMENT EXPENSES 21048 21048 0 MINNESOTA FILING FEE 25 0 25 OTHER EXPENSES 581 291 291 ARABELLA ADVISORS 123736 0 123736 NIMBLEFOOT LLC 3278 0 3278 INSURANCE 7657 3828 3828 INVESTMENT ADVISORY FEES 366305 366305 0 PERSHING INVESTMENT FEES 41435 41435 0 OTHER EXPENSES FROM SCHEDULE K-1'S 0 283965 0 OTHER INCOME FROM SCHEDULE K-1'S 284941 DIVIDENDS FROM FOREIGN CORPORATIONS 0 789467 0 PRIOR PERIOD ADJUSTMENT 513 FEDERAL EXCISE TAX 55000 0 0 US BANK FOREIGN TAXES PAID 59168 59168 0 PERSHING FOREIGN TAXES PAID 12767 12487 0