THE LEONARD AND SOPHIE DAVIS FUND: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: THE LEONARD AND SOPHIE DAVIS FUND (EIN 94-3402266)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-11-14
IRS object ID: 202523189349104247
Schema version: 2024v5.2
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
Investments Corp Stock Schedule
Investments Other Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-11-14T17:29:26-06:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	112318995	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	FARKOUH FURMAN & FACCIO LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	460 PARK AVENUE	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10022	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	943402266	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE LEONARD & SOPHIE DAVIS FUND	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	LEON	BusinessNameControlTxt
Phone	2122455900	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	CO ALAN DAVIS PO BOX 590723	AddressLine1Txt
City	SAN FRANCISCO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94159	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ALAN DAVIS	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	2122455900	PhoneNum
Signature	2025-10-30	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	FRED C FARKOUH	PreparerPersonNm
PTIN	P00092160	PTIN
Phone	2122455900	PhoneNum

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$200,671,805	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$6,255,338	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$131,480	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$131,480	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$3,007,053	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$3,007,053	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$21,286,856	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$65,466,362	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$21,286,856	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$1,406	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$1,406	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$30,682,133	TotalRevAndExpnssAmt
Total Net Invst Incm	$24,426,795	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$43,313	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$0	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$43,313	OthEmplSlrsWgsDsbrsChrtblAmt
Legal Fees Rev And Expnss	$109,783	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$109,783	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$192,738	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$192,738	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$1,156,073	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$867,428	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$288,645	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$138,496	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$40,240	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$3,256	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$81,942	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$78,858	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$3,084	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$1,722,345	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$986,526	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$640,819	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$24,304,250	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$24,304,250	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$26,026,595	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$986,526	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$24,945,069	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$4,655,538	ExcessRevenueOverExpensesAmt
Net Investment Income	$23,440,269	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$3,308,107	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$11,879,036	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$11,879,036	SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY	$166,315,751	CorporateStockBOYAmt
Corporate Stock EOY	$156,112,573	CorporateStockEOYAmt
Corporate Stock EOYFMV	$156,112,573	CorporateStockEOYFMVAmt
Other Investments BOY	$24,529,489	OtherInvestmentsBOYAmt
Other Investments EOY	$32,580,419	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$32,580,419	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$818,435	OtherAssetsBOYAmt
Other Assets EOY	$99,777	OtherAssetsEOYAmt
Other Assets EOYFMV	$99,777	OtherAssetsEOYFMVAmt
Total Assets BOY	$194,971,782	TotalAssetsBOYAmt
Total Assets EOY	$200,671,805	TotalAssetsEOYAmt
Total Assets EOYFMV	$200,671,805	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$9,491,126	CapitalStockBOYAmt
Capital Stock EOY	$9,491,126	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$185,480,656	RetainedEarningBOYAmt
Retained Earning EOY	$191,180,679	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$194,971,782	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$200,671,805	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$194,971,782	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$200,671,805	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$194,971,782	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$4,655,538	ExcessRevenueOverExpensesAmt
Other Increases	$1,044,485	OtherIncreasesAmt
Subtotal	$200,671,805	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$200,671,805	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (21 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
US BANK A/C #06247 - DETAILS IN TAXPAYER'S POSSESSION	P	2024-12-31	$800,368	$743,958	$56,410	$56,410
US BANK A/C #06247 - DETAILS IN TAXPAYER'S POSSESSION	P	2024-12-31	$15,784,317	$8,639,478	$7,144,839	$7,144,839
US BANK A/C #06775 - DETAILS IN TAXPAYER'S POSSESSION	P	2024-12-31	$4,633,644	$4,133,660	$499,984	$499,984
US BANK A/C #06775 - DETAILS IN TAXPAYER'S POSSESSION	P	2024-12-31	$14,608,870	$8,604,620	$6,004,250	$6,004,250
US BANK A/C #07198 - DETAILS IN TAXPAYER'S POSSESSION	P	2024-12-31	$3,937,587	$3,433,063	$504,524	$504,524
US BANK A/C #07198 - DETAILS IN TAXPAYER'S POSSESSION	P	2024-12-31	$16,142,733	$10,569,234	$5,573,499	$5,573,499
RBC A/C #9793 - DETAILS IN TAXPAYER'S POSSESSION	P	2024-12-31	$1,641,852	$1,503,014	$138,838	$138,838
RBC A/C #9793 - DETAILS IN TAXPAYER'S POSSESSION	P	2024-12-31	$69,735	$45,527	$24,208	$24,208
RBC A/C #9797 - DETAILS IN TAXPAYER'S POSSESSION	P	2024-12-31	$905,254	$804,515	$100,739	$100,739
RBC A/C #9808 - DETAILS IN TAXPAYER'S POSSESSION	P	2024-12-31	$202,733	$177,539	$25,194	$25,194
RBC A/C #9812 - DETAILS IN TAXPAYER'S POSSESSION	P	2024-12-31	$14,500	$12,911	$1,589	$1,589
RBC A/C #9814 - DETAILS IN TAXPAYER'S POSSESSION	P	2024-12-31	$867,012	$892,395	-$25,383	-$25,383
RBC A/C #9814 - DETAILS IN TAXPAYER'S POSSESSION	P	2024-12-31	$288,003	$258,763	$29,240	$29,240
YOLEV INVESTMENTS	P	2024-12-31		$146,685	-$146,685	-$146,685
PINEBRIDGE PEP IV	P	2024-12-31	$273		$273	$273
PARTNERS GROUP REAL ESTATE SECONDARY CLASS P LP	P	2024-12-31	$65		$65	$65
YOLEV INVESTMENTS	P	2024-12-31	$502,538		$502,538	$502,538
PARTNERS GROUP REAL ESTATE SECONDARY CLASS P LP SECTION 1231	P	2024-12-31		$924	-$924	-$924
WELLS FARGO - DETAILS IN TAXPAYER'S POSSESSION	P	2024-12-31	$424,670	$421,250	$3,420	$3,420
WELLS FARGO - DETAILS IN TAXPAYER'S POSSESSION	P	2024-12-31	$4,639,217	$3,791,970	$847,247	$847,247
CAPITAL GAINS DIVIDENDS	P	2024-12-31	$2,991		$2,991	$2,991

Field	Value	IRS element (for citing)
Capital Gain Net Income	$21,286,856	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$325,820	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$325,820	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$325,820	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$161,005	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$550,000	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$711,005	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$6,539	EsPenaltyAmt
Overpayment	$378,646	OverpaymentAmt
Applied To ES Tax	$378,646	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	0	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	CA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	ALAN DAVIS	IndividualWithBooksNm
Phone	2122455900	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	460 PARK AVENUE 12TH FLOOR	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10022	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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
ALAN S DAVIS
PO BOX 590723	SAN FRANCISCO	CA	94159	CHIEF EXECUTIVE OFFICER	10.00	$0	$0	$0
MARY LOU DAVIS
PO BOX 590723	SAN FRANCISCO	CA	94159	CHIEF FINANCIAL OFFICER	2.00	$0	$0	$0
JAMES HASSAN
PO BOX 590723	SAN FRANCISCO	CA	94159	DIRECTOR	1.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
BOSTON TRUST & INVESTMENT MANAGEMENT COMPANY
ONE BEACON STREET	BOSTON	MA	02108	INVESTMENT ADVISORS	$582,228
FARKOUH FURMAN & FACCIO LLP
460 PARK AVE 12TH FL	NEW YORK	NY	10022	ACCOUNTING FEES	$130,750
LARRY OTTINGER
7004 W GREENVALE PARKWAY	CHEVY CHASE	MD	20815	CONSULTING	$112,500
FARELLA BRAUN & MARTEL
ONE BUSH STREET 7TH FL	SAN FRANCISCO	CA	94104	LEGAL SERVICES	$109,783
WELLS FARGO
6325 S RAINBOW BLVD STE 300	LAS VEGAS	NV	89118	INVESTMENT ADVISORS	$97,153

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

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$198,479,613	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$6,116,848	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$109,613	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$204,706,074	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$204,706,074	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$3,070,591	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$201,635,483	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$10,081,774	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$10,081,774	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$325,820	TaxBasedOnInvestmentIncomeAmt
Total Tax	$325,820	TotalTaxAmt
Distributable Before Adj	$9,755,954	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$9,755,954	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$9,755,954	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$24,945,069	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$24,945,069	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$9,755,954	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$11,401,979	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$20,037,839	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$8,785,971	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$11,634,392	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$11,550,784	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$63,410,965	TotalExcessDistributionCyovAmt
Qualifying Distributions	$24,945,069	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$9,755,954	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$15,189,115	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$78,600,080	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$11,401,979	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$67,198,101	ExcessDistriCyovToNextYrAmt
Excess From Year4	$20,037,839	ExcessFromYear4Amt
Excess From Year3	$8,785,971	ExcessFromYear3Amt
Excess From Year2	$11,634,392	ExcessFromYear2Amt
Excess From Year1	$11,550,784	ExcessFromYear1Amt
Excess From Current Year	$15,189,115	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (51 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
A NONPROFIT GROUP ENRICHING LIVES INC
8502 E CHAPMAN AVE STE 243	ORANGE	CA	92869	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$25,000
ACCELERATE CHANGE INC
294 WASHINGTON STREET SUITE 500	BOSTON	MA	02108	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$1,100,000
AMALGAMATED FOUNDATION
1825 K ST NW	WASHINGTON	DC	20006	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$1,000,000
AMERICA VOTES EDUCATION FUND
1155 CONNECTICUT AVE NW	WASHINGTON	DC	20036	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$200,000
THE ANDREW GOODMAN FOUNDATION INC
270 MADISON AVE 16 FL	NEW YORK	NY	10016	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$50,000
BOYS AND GIRLS CLUB NORTHERN RHODE ISLAND
600 SOCIAL ST	WOONSOCKET	RI	02895	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$200,000
CALIFORNIA COMMUNITY FOUNDATION
717 W TEMPLE STREET	LOS ANGELES	CA	90012	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$50,000
CALIFORNIA ENVIRONMENTAL VOTERS
1111 BROADWAY SUITE 300	OAKLAND	CA	94607	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$25,000
TEMPLE EMANU-EL
ONE EAST 65TH STREET	NEW YORK	NY	10065	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$5,000
EXCESSIVE WEALTH DISORDER INSTITUTE
460 PARK AVENUE 12TH FLOOR	NEW YORK	NY	10022	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$1,050,000
FAIR ELECTIONS CENTER
PO BOX 66	MARIETTA	OH	45750	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$90,000
FLORIDA ALLIANCE FOR CIVIC ENGAGEMENT
25550 SW 152ND AVE	HOMESTEAD	FL	33032	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$160,000
FOCUS FOR DEMOCRACY FUND
1200 G STREET NW STE 800	WASHINGTON	DC	20005	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$1,100,000
FRIENDS OF THE EARTH
1101 15TH STREET NW 11TH FL 1100	WASHINGTON	DC	20005	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$40,000
FOUNDATION FOR CIVIC LEADERSHIP
30 BOW STREET	CAMBRIDGE	MA	02138	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$50,000
GEORGIA ALLIANCE EDUCATION FUND INC
PO BOX 170495	ATLANTA	GA	30317	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$210,000
IMAGINE NORTH CAROLINA FIRST
PO BOX 428	RALEIGH	NC	27602	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$170,000
INSTITUTE FOR POLICY STUDIES
1301 CONNECTICUT AVENUE NW 600	WASHINGTON	DC	20036	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$350,000
JEWISH COMMUNAL FUND
575 MADISON AVENUE SUITE 703	NEW YORK	NY	10022	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$500,000
JEWISH FEDERATION OF PALM BEACH COUNTY
1 HARVARD CIRCLE 100	WEST PALM BEACH	FL	33409	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$750,000
NATIONAL CENTER FOR CIVIC INNOVATION INC
121 6TH AVENUE	NEW YORK	NY	10013	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$50,000
THE NEW SCHOOL
66 W 12TH STREET	NEW YORK	NY	100118603	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$35,000
NEO PHILANTROPY
1001 AVENUE OF THE AMERICAS 12TH	NEW YORK	NY	10018	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$275,000	FLOOR
NORTON MUSEUM OF ART INC
1450 S DIXIE HIGHWAY	WEST PALM BEACH	FL	33401	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$600,000
ORGANIZING EMPOWERMENT FUND INC
PO BOX 288	MCFARLAND	WI	53558	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$90,000
OPEN MARKETS INSTITUTE
655 15TH STREET NW 310	WASHINGTON	DC	20005	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$50,000
PA ALLIANCE FOUNDATION
121 S BROAD STREET 400	PHILADELPHIA	PA	19107	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$1,240,000
PARTNERSHIP FOR LARGE ELECTION JURISDICTIONS
1763 COLUMBIA RD NW 1018	WASHINGTON	DC	200092834	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$150,000
PROTEUS FUND
250 E 31ST STREEET	NEW YORK	NY	10016	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$160,000
SAN FRANCISCO MUSEUM OF MORDEN ART
151 THIRD STREET	SAN FRANCISCO	CA	941033159	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$25,000
SCHOOL OF THE ARTS FOUNDATION INC
PO BOX 552	WEST PALM BEACH	FL	33402	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$350,000
SIERRA CLUB FOUNDATION
2101 WEBSTER STREET SUITE 1250	OAKLAND	CA	94612	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$105,000
ST FRANCIS HOSPITAL FOUNDATION
2016 SOUTH MAIN STREET	MARYVILLE	MO	64468	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$100,000
STATE DEMOCRACY PROJECT
77 SANDS STREET 6TH FLOOR	BROOKLYN	NY	11201	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$1,120,000
STATE INNOVATION EXCHANGE
PO BOX 290230	MADISON	WI	53726	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$100,000
STATE VOICES
1616 P ST NW 220	WASHINGTON	DC	20036	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$100,000
TESSERACT RESEARCH CENTER
1701 K ST NW STE 750	WASHINGTON	DC	20006	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$100,000
TEXAS FREEDOM NETWORK EDUCATION FUND
PO BOX 1624	AUSTIN	TX	78767	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$250,000
THE AMERICAN INDEPENDENT FOUNDATION
800 MAINE AVE SW SUITE 500	WASHINGTON	DC	200242866	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$450,000
THE RAYMOND F KRAVIS CENTER
701 OKEECHOBEE BLVD	WEST PALM BEACH	FL	33401	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$1,125,000
THE SAN FRANCISCO FOUNDATION
ONE EMBARCADERO CENTER SUITE 1400	SAN FRANCISCO	CA	94111	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$1,550,000
TIDES FOUNDATION
PO BOX 29903	SAN FRANCISCO	CA	94129	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$4,605,000
THE URBAN INSTITUTE
500 LENFANT PLAZA SW	WASHINGTON	DC	20024	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$28,000
THE UNITED STATES HOLOCAUST MEMORIAL MUSEUM
100 RAOUL WALLENBERG PLACE SW	WASHINGTON	DC	20024	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$200,000
THE UNIVERSITY OF SOUTHERN CALIFORNIA (USC) LEONARD DAVIS SCHOOL OF GERONTO
3715 MCCLINTOCK AVE	LOS ANGELES	CA	90089	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$2,500,000
UNIVERSITY OF SAN FRANCISCO
2130 FULTON STREET	SAN FRANCISCO	CA	941171080	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$450,000
VERIFIED VOTING FOUNDATION
1550 BRYANT ST 855	SAN FRANCISCO	CA	94103	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$45,000
VIDEO VERACITY
3020 ROYAL ST	NEW ORLEANS	LA	70117	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$25,000
VOTEAMERICA INC
1270 GROVE STREET 301	SAN FRANCISCO	CA	94117	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$150,000
WESTERN ORGANIZATION OF RESOURCE COUNCILS
220 SOUTH 27TH STREET B	BILLINGS	MT	59101	NONE	501(C)(3) SOCIAL SER	SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS	$160,000
CORPORATION OF THE FINE ARTS MUSEUMS
50 HAGIWARA TEA GARDEN DRIVE	SAN FRANCISCO	CA	941184501	NONE	501(C)(3) SOCIAL SER	SUPPORT COFAM'S DEPARTMENT OF CONTEMPORARY ART AND PROGRAMMING'S EFFORTS IN ACQUIRING CONTEMPORARY WORKS OF ART BY EMERGING UNDERREPRESENTED ARTISTS.	$991,250

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$24,304,250	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$131,480	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$3,007,053	ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Exclusion	01	ExclusionCd
Exclusion	$1,406	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$21,286,856	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$24,426,795	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$24,426,795	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

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 Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ALAN STEPHEN DAVIS CLAT	BusinessNameLine1Txt

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	WILMINGTON TRUST FSB 100 WILSHIRE B	AddressLine1Txt
City	SANTA MONICA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90401	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$6,255,338	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FARKOUH, FURMAN & FACCIO LLP	$130,750	$0	$130,750
WITHERS BERGMAN LLP	$61,988	$0	$61,988

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
US BANK #6247 - DETAILS IN TAXPAYER'S POSSESSION	$43,119,960	$43,119,960
US BANK #6775 - DETAILS IN TAXPAYER'S POSSESSION	$45,826,272	$45,826,272
US BANK #7198 - DETAILS IN TAXPAYER'S POSSESSION	$42,070,244	$42,070,244
US BANK #9393 - DETAILS IN TAXPAYER'S POSSESSION	$9,194,113	$9,194,113
WELLS FARGO - DETAILS IN TAXPAYER'S POSSESSION	$15,901,984	$15,901,984

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (8 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
ROYAL BANK OF CANADA	FMV	$7,659,296	$7,659,296
WELLS FARGO HEDGE FUNDS - DETAILS IN TAXPAYER'S POSSESSION	FMV	$622,467	$622,467
YOLEV INVESTMENT LLC	FMV	$9,559,300	$9,559,300
RBC #9793 - DETAILS IN TAXPAYER'S POSSESSION	FMV	$4,726,547	$4,726,547
RBC #9797 - DETAILS IN TAXPAYER'S POSSESSION	FMV	$2,983,353	$2,983,353
RBC #9808 - DETAILS IN TAXPAYER'S POSSESSION	FMV	$1,787,314	$1,787,314
RBC #9812 - DETAILS IN TAXPAYER'S POSSESSION	FMV	$1,627,113	$1,627,113
RBC #9814 - DETAILS IN TAXPAYER'S POSSESSION	FMV	$3,615,029	$3,615,029

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	FARELLA BRAUN & MARTEL	CategoryTxt
Legal Fees	$109,783	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$109,783	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
ART	$666,450	$0	$0
ACCRUED DIVIDEND INCOME	$151,985	$99,777	$99,777

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
2% PORTFOLIO DEDUCTION FROM PINEBRIDGE PEP	$1,559	$1,559	$0
2% PORTFOLIO DEDUCTION FROM YOLEV	$61,379	$61,379	$0
INTEREST EXPENSE FROM PARTNERS GROUP REAL ESTATE	$389	$389	$0
2% PORTFOLIO DEDUCTION FROM DBL PARTNERS III LLP	$4,144	$4,144	$0
2% PORTFOLIO DEDUCTION FROM PARTNERS GROUP REAL ESTATE SECONDARY	$2,580	$2,580	$0
OTHER DEDUCTIONS FROM YOLEV	$1,226	$1,226	$0
RENTAL LOSS FROM PARTNERS GROUP REAL ESTATE	$3,151	$3,151	$0
PORTFOLIO INCOME FROM YOLEV INVESTMENTS	$4,052	$4,052	$0
MISCELLANEOUS EXPENSE	$2,040	$0	$2,040
PAYROLL SERVICE FEE	$1,044	$0	$1,044
ORDINARY BUSINESS LOSS FROM PARTNERS GROUP REAL ESTATE	$378	$378	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
OTHER INCOME FROM PARTNERS GROUP REAL ESTATE	$1	$1	$1
OTHER PORTFOLIO INCOME FROM PARTNERS GROUP REAL ESTATE	$1,405	$1,405	$1,405

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (3 entries)

DescDesc	AmtAmt
FROM PASS THROUGHS - BOOK TO TAX DIFFERENCES	$157
UNREALIZED APPRECIATION	$1,003,062
NONTAXABLE DIVIDENDS/DISTRIBUTIONS	$41,266

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT ADVISORY	$867,428	$867,428	$0
CONSULTING	$237,506	$0	$237,506
OTHER PROFESSIONAL FEES	$51,139	$0	$51,139

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAX WITHHELD	$40,240	$40,240	$0
PAYROLL TAX	$3,256	$0	$3,256
IRS	$95,000	$0	$0