CLEMENTINE FUND: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: CLEMENTINE FUND (EIN 91-1950165)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-11-15
IRS object ID: 202523199349100717
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
Accounting Fees Schedule
Expenditure Responsibility Stmt
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Other Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Decreases 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	2025-11-15T08:24:22-06:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	911194016	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CLARK NUBER PS	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	555 110TH AVE NE SUITE 700	AddressLine1Txt
City	BELLEVUE	CityNm
State Abbreviation	WA	StateAbbreviationCd
ZIP	98004	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	911950165	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CLEMENTINE FUND	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CLEM	BusinessNameControlTxt
Phone	2069325342	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 7034	AddressLine1Txt
City	TACOMA	CityNm
State Abbreviation	WA	StateAbbreviationCd
ZIP	98417	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ZAC RUSSELL	PersonNm
Person Title	SENIOR ADVISOR & BOARD VP	PersonTitleTxt
Phone	2069095940	PhoneNum
Signature	2025-11-14	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	JENNIFER BECKER HARRIS	PreparerPersonNm
PTIN	P00183358	PTIN
Phone	4254544919	PhoneNum
Preparation	2025-11-14	PreparationDt

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	$38,225,384	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$745,081	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$799,572	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$5,989,105	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$15,270,934	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$5,981,235	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$0	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$174,334	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$6,734,186	TotalRevAndExpnssAmt
Total Net Invst Incm	$6,955,141	TotalNetInvstIncmAmt
Total Adj Net Incm	$0	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$315,547	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm	$0	CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$315,547	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$199,910	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$0	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Adj Net Incm	$0	OthEmplSlrsWgsAdjNetIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$199,910	OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$91,007	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$0	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Adj Net Incm	$0	PensionEmplBnftAdjNetIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$91,007	PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss	$7,243	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$7,243	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$56,685	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$28,343	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$29,486	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$303,280	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$145,142	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$0	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$59,430	OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss	$66,513	InterestRevAndExpnssAmt
Interest Net Invst Incm	$66,513	InterestNetInvstIncmAmt
Interest Adj Net Incm	$0	InterestAdjNetIncmAmt
Interest Dsbrs Chrtbl	$0	InterestDsbrsChrtblAmt
Taxes Rev And Expnss	$2,614	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$8,026	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$0	TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl	$25	TaxesDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$131,718	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Adj Net Incm	$0	TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$123,296	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$1,129,634	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$246,967	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$47,490	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$2,304,151	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$494,991	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$873,434	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$897,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$815,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$3,201,151	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$494,991	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$1,688,434	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$3,533,035	ExcessRevenueOverExpensesAmt
Net Investment Income	$6,460,150	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$259,938	CashBOYAmt
Cash EOY	$389,150	CashEOYAmt
Cash EOYFMV	$389,150	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$106,754	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$137,836	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$137,836	SavAndTempCashInvstEOYFMVAmt
Prepaid Expenses BOY	$38,318	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$120,474	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$120,474	PrepaidExpensesEOYFMVAmt
US Government Obligations BOY	$579,046	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$449,601	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$449,601	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$10,461,009	CorporateStockBOYAmt
Corporate Stock EOY	$9,605,650	CorporateStockEOYAmt
Corporate Stock EOYFMV	$9,605,650	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$6,385,670	CorporateBondsBOYAmt
Corporate Bonds EOY	$5,945,487	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$5,945,487	CorporateBondsEOYFMVAmt
Other Investments BOY	$18,613,480	OtherInvestmentsBOYAmt
Other Investments EOY	$16,155,307	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$16,155,307	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$1,235,155	OtherAssetsBOYAmt
Other Assets EOY	$5,421,879	OtherAssetsEOYAmt
Other Assets EOYFMV	$5,421,879	OtherAssetsEOYFMVAmt
Total Assets BOY	$37,679,370	TotalAssetsBOYAmt
Total Assets EOY	$38,225,384	TotalAssetsEOYAmt
Total Assets EOYFMV	$38,225,384	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$94,608	AccountsPayableBOYAmt
Accounts Payable EOY	$55,064	AccountsPayableEOYAmt
Grants Payable BOY	$300,000	GrantsPayableBOYAmt
Grants Payable EOY	$307,000	GrantsPayableEOYAmt
Total Liabilities BOY	$394,608	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$362,064	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$37,284,762	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$37,863,320	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$37,284,762	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$37,863,320	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$37,679,370	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$38,225,384	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$37,284,762	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$3,533,035	ExcessRevenueOverExpensesAmt
Other Increases	$100,000	OtherIncreasesAmt
Subtotal	$40,917,797	SubtotalAmt
Other Decreases	$3,054,477	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$37,863,320	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDesc	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt
PUBLICLY TRADED SECURITIES	$9,607,050	$3,921,208	$5,685,842	$5,685,842
CAPITAL GAINS DISTRIBUTIONS	$360		$360	$360
PASS-THROUGH INVESTMENTS	$295,033		$295,033	$295,033	P	2024-01-01	2024-12-31
DISPOSAL OF IMPACT WORLD EQUITY FUND, LP	$5,368,491	$5,368,491	$0	$0		2021-11-30	2024-12-31

Field	Value	IRS element (for citing)
Capital Gain Net Income	$5,981,235	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	$5,981,235	NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$89,796	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$89,796	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$89,796	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$86,550	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$30,000	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$116,550	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$0	EsPenaltyAmt
Overpayment	$26,754	OverpaymentAmt
Applied To ES Tax	$26,754	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	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	WA	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	Yes (1)	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	THE RMG GROUP - JACKIE DEMBOWSKI	IndividualWithBooksNm
Phone	2122560666	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	151 1ST AVE 61	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10003	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	Yes (1)	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	Yes (1)	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (1)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	0	ActsFailToQlfyAsExceptionsInd
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	Yes (1)	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc	0	TransactionsFailToQlfyAsExcInd
Maintained Expenditure Rspns	Yes (1)	MaintainedExpenditureRspnsInd
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 (7 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
RICHARD RUSSELL
PO BOX 7034	TACOMA	WA	98417	EXECUTIVE DIRECTOR	24.00	$134,820	$13,482	$0
ZAC RUSSEL
PO BOX 7034	TACOMA	WA	98417	SENIOR ADVISOR & BOARD VP	16.00	$155,727	$8,988	$0
CHET TCHOZEWSKI
PO BOX 7034	TACOMA	WA	98417	BOARD DIRECTOR	5.00	$25,000	$0	$0
JUNE MARTIN
PO BOX 7034	TACOMA	WA	98417	BOARD TREASURER	10.00	$0	$0	$0
JILEEN RUSSEL
PO BOX 7034	TACOMA	WA	98417	BOARD PRESIDENT	5.00	$0	$0	$0
MARIKO TANIGUCHI-RUSSELL
PO BOX 7034	TACOMA	WA	98417	BOARD SECRETARY	5.00	$0	$0	$0
MAREN WENZEL
PO BOX 7034	TACOMA	WA	98417	BOARD DIRECTOR	5.00	$0	$0	$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp

Field	Value	IRS element (for citing)
Person	HOLLY POWERS	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	P O BOX 7034	AddressLine1Txt
City	TACOMA	CityNm
State Abbreviation	WA	StateAbbreviationCd
ZIP	98417	ZIPCd

Field	Value	IRS element (for citing)
Title	ASSOCIATE DIRECTOR	TitleTxt
Average Hrs Per Wk Devoted To Pos	30.00	AverageHrsPerWkDevotedToPosRt
Compensation	$199,910	CompensationAmt
Employee Benefits	$19,991	EmployeeBenefitsAmt
Expense Account	$0	ExpenseAccountAmt

Field	Value	IRS element (for citing)
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TIEDEMANN ADVISORS LLC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	200 BELLEVUE PARKWAY SUITE 525	AddressLine1Txt
City	WILMINGTON	CityNm
State Abbreviation	DE	StateAbbreviationCd
ZIP	19809	ZIPCd

Field	Value	IRS element (for citing)
Service Type	INVESTMENT ADVISOR	ServiceTypeTxt
Compensation	$145,482	CompensationAmt

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	$17,617,383	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$655,421	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$16,886,986	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$35,159,790	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$35,159,790	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$527,397	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$34,632,393	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,731,620	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,731,620	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$89,796	TaxBasedOnInvestmentIncomeAmt
Total Tax	$89,796	TotalTaxAmt
Distributable Before Adj	$1,641,824	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$1,641,824	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$1,641,824	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$1,688,434	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$1,688,434	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,641,824	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$60,599	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$298,657	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$244,099	ExcessDistributionCyovYr3Amt
Total Excess Distribution Cyov	$603,355	TotalExcessDistributionCyovAmt
Qualifying Distributions	$1,688,434	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$1,641,824	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$46,610	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$649,965	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	$60,599	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$589,366	ExcessDistriCyovToNextYrAmt
Excess From Year4	$298,657	ExcessFromYear4Amt
Excess From Year3	$244,099	ExcessFromYear3Amt
Excess From Current Year	$46,610	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	HOLLY POWERS	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 7034	AddressLine1Txt
City	TACOMA	CityNm
State Abbreviation	WA	StateAbbreviationCd
ZIP	98417	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	2069325342	RecipientPhoneNum
Recipient Email Address	HOLLY@CLEMENTINEFUND.COM	RecipientEmailAddressTxt
Form And Info And Materials	APPLICATIONS ARE SUBMITTED ONLINE VIA GRANTS MANAGEMENT SYSTEM FOUNDANT. HTTPS://WWW.GRANTINTERFACE.COM/HOME/LOGON?URLKEY=CLEMFUND	FormAndInfoAndMaterialsTxt
Submission Deadlines	THERE ARE NO DEADLINES. GRANT CYCLE IS OPEN ALL YEAR.	SubmissionDeadlinesTxt
Restrictions On Awards	CLEMENTINE FUND DOES NOT CURRENTLY HAVE ANY GRANTMAKING RESTRICTIONS OR LIMITATIONS.	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (36 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	Address Line2RecipientUSAddress/AddressLine2Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
AMERICAN FRIENDS SERVICE COMMITTEE
1501 CHERRY STREET ATTN DEVELOPMENT	DEPARTMENT	PHILADELPHIA	PA	19102	PC	HUMANITARIAN AID	$50,000
AOZORA COMMUNITY FOUNDATION
535 CLINTON AVENUE 2ND FLOOR SUITE	2	BROOKLYN	NY	11238	PC	EDUCATION	$20,000
ARTISTS AND MOTHERS INCORPORATED
341 EAST 5TH STREET R1		NEW YORK	NY	10003	PC	SUPPORT FOR ARTISTS	$7,500
BHAKTI SOCIETY INC
24656 ARGUS DRIVE		MISSION VIEJO	CA	92691	PC	SPIRITUAL LEADERSHIP DEVELOPMENT	$20,000
CRISIS CONNECTIONS
2901 3RD AVENUE SUITE 100		SEATTLE	WA	98121	PC	MENTAL HEALTH	$10,000
DOCTORS WITHOUT BORDERS
333 SEVENTH AVENUE 2ND FLOOR		NEW YORK	NY	100015004	PC	HEALTHCARE ACCESS	$7,500
FEED HAWAII DBA KOHALA FOOD HUB
55-230 HOEA ROAD		HAWI	HI	96719	PC	FOOD ACCESS	$25,000
GREATER KANSAS CITY COMMUNITY FOUNDATION
1055 BROADWAY BLVD SUITE 130		KANSAS CITY	MO	64105	PC	GREATER HORIZONS - NEAL CONAN PRIZE FOR EXCELLENCE IN JOURNALISM FUND	$50,000
HAMAKUA YOUTH FOUNDATION
453396 MAMANE STREET		HONOKAA	HI	96727	PC	YOUTH DEVELOPMENT	$10,000
HAWAII INVESTMENT READY
44-527A KANEOHE BAY DRIVE		KANEOHE	HI	96744	PC	COMMUNITY FOOD DEVELOPMENT	$25,000
HAWAII SONGWRITING FESTIVAL
PO BOX 2575		KAMUELA	HI	967432575	PC	MUSIC AND COMMUNITY BUILDING	$10,000
IN OUR BACKYARDS INC (IOBY)
275 PARK AVENUE		BROOKLYN	NY	11205	PC	CLINTON HILL FORT GREENE MUTUAL AID - BASIC NEEDS	$15,000
INSTITUTE FOR COMMUNITY EQUITY AND SHARING INC DBA ONE COMMUNITY
13 GREENE ABE		BROOKLYN	NY	11238	PC	BASIC NEEDS	$20,000
LOT RADIO INC
17 NASSAU AVE		BROOKLYN	NY	11222	PC	JOURNALISM	$5,000
MIDDLE EAST CHILDREN'S ALLIANCE
1101 EIGHTH STREET		BERKELEY	CA	94710	PC	BASIC NEEDS	$5,000
MOVEMENT VOTER PROJECT (FS ALL HANDS ON DECK NETWORK)
37 BRIDGE ST BOX 749		NORTHAMPTON	MA	010602424	NC	EXPANDING DEMOCRACY IN TEXAS	$50,000
NEW YORK PEACE INSTITUTE INC
111 JOHN STREET		NEW YORK	NY	10038	PC	COMMUNITY DEVELOPMENT	$10,000
NEW YORK UNIVERSITY
70 WASHINGTON SQUARE SOUTH		NEW YORK	NY	10012	PC	CASH TRANSFER LAB - GUARANTEED INCOME RESEARCH	$100,000
NORTH KOHALA COMMUNITY RESOURCE CENTER
55-3393 AKONI PULE HIGHWAY		HAWI	HI	96719	PC	COMMUNITY BUILDING	$15,000
NORTH KOHALA COMMUNITY RESOURCE CENTER
55-3393 AKONI PULE HIGHWAY		HAWI	HI	96719	PC	COMMUNITY BUILDING	$10,000
PIONEER WORKS ART FOUNDATION
159 PIONEER STREET		BROOKLYN	NY	11231	PC	SUPPORT FOR ARTISTS	$35,000
POST HOC MANAGEMENT LLC
495 BROOME STREET SECOND FLOOR		NEW YORK	NY	10013	NC	JOURNALISM	$57,000
RUDOLF STEINER FOUNDATION INC
PO BOX 2007		SAN FRANCISCO	CA	94126	PC	RSF SOCIAL FINANCE - CLEMENTINE DONOR ADVISED FUND	$25,000
RUDOLF STEINER FOUNDATION INC
PO BOX 2007		SAN FRANCISCO	CA	94126	PC	RSF SOCIAL FINANCE - CLEMENTINE DONOR ADVISED FUND	$20,000
SELENI HOUSE FOUNDATION INC
122 EAST 64TH STREET SUITE 1R		NEW YORK	NY	10065	PC	MATERNAL MENTAL & REPRODUCTIVE HEALTH ASSISTANCE	$10,000
SLOW FOOD USA
9322 3RD AVESUITE 402		BROOKLYN	NY	11209	PC	COMMUNITY BUILDING THROUGH FOOD	$30,000
SOCIAL GOOD FUND
12651 SAN PABLO AVEUNIT 5473		RICHMOND	CA	94805	PC	EDUCATION	$30,000
SOCIETY OF ST VINCENT DE PAUL COUNCIL OF THE SEATTLE AREA
C/O ST JOHN VIANNEY PO BOX 308		VASHON	WA	98070	PC	BASIC NEEDS	$3,000
STUDY GROUP ON THE LIGHT OF THE GOSPEL
81 ADAMS STREET		NEWARK	NJ	07105	PC	FOOD ACCESS	$15,000
THE DOVE PROJECT
PO BOX 1341		VASHON	WA	98070	PC	DOMESTIC VIOLENCE PREVENTION	$5,000
THE FOOD BASKET INC
40 HOLOMUA STREET		HILO	HI	96720	PC	FOOD ACCESS	$50,000
TIDES FOUNDATION
1012 TORNEY AVENUE		SAN FRANCISCO	CA	94129	PC	MOVEMENT VOTER FUND	$50,000
VASHON CENTER FOR THE ARTS
PO BOX 576		VASHON	WA	98070	PC	EDUCATION AND COMMUNITY BUILDING THROUGH THE ARTS	$5,000
VASHON MAURY ISLAND FOOD BANK
10030 SOUTHWEST 210TH STREET		VASHON	WA	98070	PC	FOOD ACCESS	$5,000
WOMEN IN RANCHING
592 LITTLE PORCUPINE ROAD		COHAGEN	MT	59322	PC	FOOD ACCESS	$5,000
YES MEDIA
284 MADRONA WAY NESTE 116		BAINBRIDGE ISLAND	WA	98110	PC	JOURNALISM	$5,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$815,000	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (19 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
BIG ISLAND GIVING TREE (REDEEMING LIGHT INTERNATIONAL INC)
PO BOX 2786	KAMUELA	HI	96743	PC	BASIC NEEDS	$5,000
FEED THE SECOND LINE
2700 LASALLE STREET SUITE A	NEW ORLEANS	LA	70113	PC	FOOD ACCESS	$2,250
FUTURE ROOTS INC DBA DUBLAB
1035 WEST 24TH STREET	LOS ANGELES	CA	90007	PC	EDUCATIONAL DOCUMENTARY FILM	$35,000
FUZHOU AMERICA INC
43-28 158TH STREET UNIT B	FLUSHING	NY	11358	PC	COMMUNITY BUILDING	$10,000
HAVENS RELIEF FUND SOCIETY
475 RIVERSIDE DRIVE ROOM 1940	NEW YORK	NY	10115	PC	BASIC NEEDS	$15,000
HAWAII INVESTMENT READY
44-527A KANEOHE BAY DRIVE	KANEOHE	HI	96744	PC	COMMUNITY FOOD DEVELOPMENT	$45,000
HAWAII RANGELAND STEWARDSHIP FOUNDATION INC
154 WAIA AVE STE 1 934	HILO	HI	96721	PC	FOOD ACCESS	$20,000
KOHALA ELEMENTARY SCHOOL
PO BOX 819	KAPAAU	HI	96755	PC	EDUCATION	$5,000
NATURE WISDOM FOUNDATION
528 OHAYO MOUNTAIN ROAD	WOODSTOCK	NY	12498	PC	SPIRITUAL LEADERSHIP DEVELOPMENT	$15,000
PACT DONATION COLLECTIVE INC
419 HERKIMER STREET 4-B	BROOKLYN	NY	11213	PC	BASIC NEEDS	$5,000
PIONEER WORKS ART FOUNDATION
159 PIONEER STREET	BROOKLYN	NY	11231	PC	SUPPORT FOR ARTISTS	$70,000
ROOTS OF MUSIC INC
1020 NORTH PRIEUR STREET	NEW ORLEANS	LA	70119	PC	EDUCATION	$2,250
RUDOLF STEINER FOUNDATION INC
PO BOX 2007	SAN FRANCISCO	CA	94126	PC	RSF SOCIAL FINANCE - CLEMENTINE DONOR ADVISED FUND	$15,000
SAVE THE CHILDREN FEDERATION
501 KINGS HIGHWAY EAST SUITE 400	FAIRFIELD	CT	06825	PC	BASIC NEEDS	$5,000
SIGNAL TECHNOLOGY FOUNDATION
650 CASTRO STREET SUITE 120-223	MOUNTAIN VIEW	CA	94041	PC	COMMUNICATIONS INFRASTRUCTURE	$10,000
SUMMERTIME GALLERY INC
145 AINSLIE STREET	BROOKLYN	NY	11211	PC	SUPPORT FOR ARTISTS	$7,500
THE FOOD BASKET INC
40 HOLOMUA STREET	HILO	HI	96720	PC	FOOD ACCESS	$25,000
WIKIMEDIA FOUNDATION
BOX 98204	WASHINGTON	DC	20090	PC	COMMUNICATIONS INFRASTRUCTURE	$5,000
ZERO FOODPRINT
2370 MARKET STREETSUITE 103 BOX332	SAN FRANCISCO	CA	94114	PC	FOOD ACCESS	$10,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$307,000	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$745,081	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$5,989,105	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$6,734,186	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$6,734,186	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	Yes (1)	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

Transfer Schedule Detail TransferScheduleDetail

Field	Value	IRS element (for citing)
Line Number	1a(1)	LineNumberTxt
Involved	$50,000	InvolvedAmt

Noncharitable Exempt Org Name NoncharitableExemptOrgName

Field	Value	IRS element (for citing)
Business Name Line1	MOVEMENT VOTER PROJECT (FS ALL HANDS ON DECK NETWORK INC)	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Transfers Trans And Shr Arrngm	IN SUPPORT OF MOVEMENT VOTER PROJECT WORK TO EXPAND DEMOCRACY IN TEXAS. SPECIFICALLY, THIS GRANT WILL PROVIDE $50,000 PER YEAR OVER THREE YEARS FOR EACH OF TWO OF OUR KEY PARTNERS IN TEXAS, MOVE TEXAS ACTION FUND AND THE TEXAS FREEDOM NETWORK. THESE GRANTS WILL NOT BE USED FOR LOBBYING OR POLITICAL ACTIVITIES. MISSION OF MOVEMENT VOTER PROJECT: THE MISSION OF MOVEMENT VOTER PROJECT IS TO STRENGTHEN AND EXPAND MULTIRACIAL DEMOCRACY BY INVESTING DEEPLY IN GRASSROOTS ORGANIZING, PROVIDING THE CONSISTENT, MULTI-YEAR, AND DEPENDABLE RESOURCES NEEDED TO BUILD POWER IN VULNERABLE COMMUNITIES, AND BOTH SUSTAIN BUILD ON PAST GAINS IN COMMUNITY POWER YEAR AFTER.	TransfersTransAndShrArrngmDesc

Field	Value	IRS element (for citing)
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$56,685	Amt
Net Investment Income	$28,343	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$29,486	DisbursementsCharitablePrpsAmt

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp (2 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
POST HOC MANAGEMENT LLC
495 BROOME STREET	NEW YORK	NY	10013	2024-09-19	$57,000	JOURNALISM PRIZE SALON AND PUBLIC RELATIONS	$57,000	TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED.	1/29/2025
MOVEMENT VOTER PROJECT (FS ALL HANDS ON DECK NETWORK INC)
37 BRIDGE ST BOX 749	NORTHAMPTON	MA	01061	2022-07-11	$150,000	IN SUPPORT OF MOVEMENT VOTER PROJECT WORK TO EXPAND DEMOCRACY IN TEXAS. SPECIFICALLY, THIS GRANT WILL PROVIDE $50,000 PER YEAR OVER THREE YEARS FOR EACH OF TWO OF OUR KEY PARTNERS IN TEXAS, MOVE TEXAS ACTION FUND AND THE TEXAS FREEDOM NETWORK. THESE GRANTS WILL NOT BE USED FOR LOBBYING OR POLITICAL ACTIVITIES. MISSION OF MOVEMENT VOTER PROJECT: THE MISSION OF MOVEMENT VOTER PROJECT IS TO STRENGTHEN AND EXPAND MULTIRACIAL DEMOCRACY BY INVESTING DEEPLY IN GRASSROOTS ORGANIZING, PROVIDING THE CONSISTENT, MULTI-YEAR, AND DEPENDABLE RESOURCES NEEDED TO BUILD POWER IN VULNERABLE COMMUNITIES, AND BOTH SUSTAIN BUILD ON PAST GAINS IN COMMUNITY POWER YEAR AFTER.	$150,000	TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED.	08/03/2023, 07/01/2024, 9/09/2025

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
FIDELITY: INVESCO - DETAIL AVAILABLE UPON REQUEST	$4,728,909	$4,728,909
FIDELITY: PRIMARY - DETAIL AVAILABLE UPON REQUEST	$1,216,578	$1,216,578

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	FIDELITY: PRIMARY - DETAIL AVAILABLE UPON REQUEST	StockNm
EOY Book Value	$9,605,650	EOYBookValueAmt
EOYFMV	$9,605,650	EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$449,601	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$449,601	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$0	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$0	StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (17 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
NOEMIS VENTURES, LP	FMV	$1,025,809	$1,025,809
FUNDSMITH SUSTAINABLE EQUITY FUND	FMV	$1,959,245	$1,959,245
CROSSTIMBERS OPPORTUNITY FUND II	FMV	$670,231	$670,231
GLOBAL IMPACT ACCESS	FMV	$687,221	$687,221
F7 VENTURES	FMV	$765,884	$765,884
HYBRID EQUITY	FMV	$1,464,220	$1,464,220
ALTIPIPE	FMV	$525,570	$525,570
GREEN BACKER	FMV	$1,398,060	$1,398,060
CROSSTIMBERS OPPORTUNITY FUND III	FMV	$1,029,298	$1,029,298
APOLLO DEBT SOLUTIONS	FMV	$1,103,558	$1,103,558
COATUE LONG ONLY OFFSHORE FUND	FMV	$2,339,197	$2,339,197
DECARBONIZATION FUND	FMV	$407,564	$407,564
FORTRESS NET LEASE REIT	FMV	$1,120,959	$1,120,959
HUNTERBROOK HOLDINGS LLC	FMV	$500,000	$500,000
INDUSTRIES ZENITH FUND	FMV	$411,865	$411,865
NOOSPHERE, INC.	FMV	$600,000	$600,000
PERPLEXITY F7 FUND I LP	FMV	$146,626	$146,626

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$7,243	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$7,243	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (4 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
PROGRAM RELATED INVESTMENTS: BEDOWIN	$1,091,800	$0	$0
FIDELITY: INVESCO DETAIL AVALIABLE UPON REQUEST	$37,622	$53,388	$53,388
INVESTMENT INCOME RECEIVABLE	$5,733	$5,368,491	$5,368,491
SUSPENSE ACCOUNT	$100,000	$0	$0

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED GAIN/LOSS	Desc
Amt	$3,054,477	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INSURANCE	$4,543	$0	$0	$4,408
BANK FEES	$849	$0	$0	$849
OFFICE SUPPLIES	$3,617	$0	$0	$3,617
MEMBERSHIPS & ASSOCIATIONS	$6,293	$0	$0	$16,084
SUBSCRIPTIONS	$11,911	$0	$0	$11,911
OTHER EXPENSES	$10,621	$0	$0	$10,621
PRI BAD DEBT	$1,091,800	$0	$0	$0
INVESTMENT PASSTHROUGH EXPENSES	$0	$246,967	$0	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	ACTIVITY FROM PASSTHROUGH	Desc
Revenue And Expenses Per Books	$0	RevenueAndExpensesPerBooksAmt
Net Investment Income	$174,334	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	PRIOR PERIOD ADJUSTMENT - NO TAX IMPACT	Desc
Amt	$100,000	Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
OTHER PROFESSIONAL FEES	$41,093	$0	$0	$59,430
INVESTMENT FEES	$262,187	$145,142	$0	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAXES	$2,589	$8,026	$0	$0
STATE FEES	$25	$0	$0	$25