THE KL FELICITAS FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: THE KL FELICITAS FOUNDATION (EIN 77-0539366)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-11-17
IRS object ID: 202513219349107291
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
Investments Other Schedule2
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Other Notes Loans Rcvbl Short Sch2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-11-17T17:00:31-06:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	251637458	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	LOUIS PLUNG & COMPANY LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	20 STANWIX ST SUITE 901	AddressLine1Txt
City	PITTSBURGH	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	15222	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	770539366	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE KL FELICITAS FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	KLFE	BusinessNameControlTxt
Phone	4083161922	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1960 THE ALAMEDA SUITE 150	AddressLine1Txt
City	SAN JOSE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	95126	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	LISA KLEISSNER	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	4083161922	PhoneNum
Signature	2025-11-17	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	TOM SCHNEIDER	PreparerPersonNm
PTIN	P01352552	PTIN
Phone	4122818771	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	$6,985,820	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$114,681	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$127,876	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$426,827	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$521,323	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$426,827	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$32,149	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$32,197	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$573,657	TotalRevAndExpnssAmt
Total Net Invst Incm	$586,900	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
Accounting Fees Rev And Expnss	$6,500	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$3,250	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$3,250	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$164,772	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$110,000	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$54,772	OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss	$825	InterestRevAndExpnssAmt
Interest Net Invst Incm	$825	InterestNetInvstIncmAmt
Interest Dsbrs Chrtbl	$0	InterestDsbrsChrtblAmt
Taxes Rev And Expnss	$6,184	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$2,776	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$160,034	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$160,034	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$97,009	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$78,874	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$1,451	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$435,324	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$195,725	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$219,507	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$289,444	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$289,444	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$724,768	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$195,725	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$508,951	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$151,111	ExcessRevenueOverExpensesAmt
Net Investment Income	$391,175	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$335,884	CashBOYAmt
Cash EOY	$410,368	CashEOYAmt
Cash EOYFMV	$410,368	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$3,213	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$13,471	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$13,471	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl	$7,871	AcctRcvblAmt
Acct Rcvbl BOY	$302,337	AcctRcvblBOYAmt
Acct Rcvbl EOY	$7,871	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$7,871	AcctRcvblEOYFMVAmt
Other Nts And Loans Rcvbl	$458,333	OtherNtsAndLoansRcvblAmt
Other Rcvbl Allwnc Dbtfl Acct	$0	OtherRcvblAllwncDbtflAcctAmt
Other Nts And Loans Rcvbl BOY	$495,000	OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY	$458,333	OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV	$435,000	OtherNtsAndLoansRcvblEOYFMVAmt
Other Investments BOY	$4,391,450	OtherInvestmentsBOYAmt
Other Investments EOY	$4,358,344	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$6,110,610	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$8,500	OtherAssetsBOYAmt
Other Assets EOY	$8,500	OtherAssetsEOYAmt
Other Assets EOYFMV	$8,500	OtherAssetsEOYFMVAmt
Total Assets BOY	$5,536,384	TotalAssetsBOYAmt
Total Assets EOY	$5,256,887	TotalAssetsEOYAmt
Total Assets EOYFMV	$6,985,820	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$120,000	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$0	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$120,000	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$5,416,384	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$5,256,887	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$5,416,384	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$5,256,887	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$5,536,384	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$5,256,887	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$5,416,384	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$151,111	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$5,265,273	SubtotalAmt
Other Decreases	$8,386	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$5,256,887	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (24 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
KBI GLOBAL INVESTORSAQUARIUS FD INSTL	P	2024-01-10	2024-12-31	$15,000	$17,793	-$2,793	-$2,793
PUTNAM GLOBAL HEALTH CARE FUND CL Y	P	2024-01-10	2024-12-31	$35,000	$37,855	-$2,855	-$2,855
BETTER VENTURES FUND II	P	2014-10-02	2024-12-31	$235		$235	$235
BETTER VENTURES FUND III	P	2018-08-31	2024-12-31		$2,639	-$2,639	-$2,639
GLOBAL SUSTAINABLE FIXED INCOME PORTFOLIO	P	2024-01-01	2024-12-31	$2,012		$2,012	$2,012
GLOBAL SUSTAINABLE FIXED INCOME PORTFOLIO	P	2021-04-30	2024-12-31	$4,422		$4,422	$4,422
CORE INNOVATION CAPITAL	P	2011-12-31	2024-12-31	$30,377		$30,377	$30,377
ECOTRUST FORESTS II	P	2015-06-30	2024-12-31	$9,739		$9,739	$9,739
FIDELITY #2449 CG DISTRIBUTION	P	2023-01-01	2024-12-31	$33,013		$33,013	$33,013
ILLUMEN CAPITAL	P	2024-01-01	2024-12-31		$137	-$137	-$137
ILLUMEN CAPITAL	P	2018-12-31	2024-12-31		$716	-$716	-$716
LEGACY VENTURE IV	P	2024-01-01	2024-12-31		$2	-$2	-$2
LEGACY VENTURE IV	P	2006-06-08	2024-12-31		$2,317	-$2,317	-$2,317
MICROVEST II LP	P	2024-01-01	2024-12-31	$1		$1	$1
MICROVEST II LP	P	2009-06-30	2024-12-31		$2,625	-$2,625	-$2,625
MICROVEST SHORT DURATION FUND	P	2011-10-31	2024-12-31		$20,217	-$20,217	-$20,217
SONEN GLOBAL PUBLIC EQUITY	P	2024-01-01	2024-12-31	$24,385		$24,385	$24,385
SONEN GLOBAL PUBLIC EQUITY	P	2013-12-31	2024-12-31	$239,852		$239,852	$239,852
SONEN GLOBAL SUSTAINABLE REAL ASSETS	P	2024-01-01	2024-12-31	$249		$249	$249
SONEN GLOBAL SUSTAINABLE REAL ASSETS	P	2015-02-09	2024-12-31	$1,085		$1,085	$1,085
WORKING CAPITAL INNOVATION FUND II	P	2024-01-01	2024-12-31		$7,733	-$7,733	-$7,733
ECOTRUST FOREST II LLC	P	2015-01-30	2024-12-31	$729		$729	$729
SONEN GLOBAL SUSTAINABLE REAL ASSETS	P	2015-02-09	2024-12-31		$2,462	-$2,462	-$2,462
MICROVEST SHORT DURATION FUND - EXCESS WRITE OFF	P	2011-10-31	2024-12-31	$125,224		$125,224	$125,224

Field	Value	IRS element (for citing)
Capital Gain Net Income	$426,827	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$5,437	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$5,437	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$5,437	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$13,266	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$13,266	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$7,829	OverpaymentAmt
Applied To ES Tax	$7,829	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	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	KLFELICITASFOUNDATION.ORG	WebsiteAddressTxt
Individual With Books	MUSCARA PASQUINELLI	IndividualWithBooksNm
Phone	4085542060	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1960 THE ALAMEDA SUITE 150	AddressLine1Txt
City	SAN JOSE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	95126	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	Yes (1)	ForeignAccountsQuestionInd
Foreign Country	EI	ForeignCountryCd

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 (4 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
LISA KLEISSNER
1960 THE ALAMEDA SUITE 150	SAN JOSE	CA	95126	PRESIDENT	30.00	$0	$0	$0
ALEX KLEISSNER
1960 THE ALAMEDA SUITE 150	SAN JOSE	CA	95126	VICE PRESIDENT	5.00	$0	$0	$0
ANDREA KLEISSNER
1960 THE ALAMEDA SUITE 150	SAN JOSE	CA	95126	TREASURER	5.00	$0	$0	$0
KARL KLEISSNER
1960 THE ALAMEDA SUITE 150	SAN JOSE	CA	95126	SECRETARY	30.00	$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

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SONEN CAPITAL	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	456 MONTGOMERY ST SUITE 400	AddressLine1Txt
City	SAN FRANCISCO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94104	ZIPCd

Field	Value	IRS element (for citing)
Service Type	INVESTMENT ADVI	ServiceTypeTxt
Compensation	$114,772	CompensationAmt

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

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	WORKING CAPITAL INNOVATION FUND II, LP	Description1Txt
Expenses1	$135,099	Expenses1Amt
Total	$135,099	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$6,050,589	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$571,090	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$521,070	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$7,142,749	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$7,142,749	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$107,141	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$7,035,608	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$351,780	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$351,780	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$5,437	TaxBasedOnInvestmentIncomeAmt
Total Tax	$5,437	TotalTaxAmt
Distributable Before Adj	$346,343	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$346,343	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$346,343	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$508,951	ExpensesAndContributionsAmt
Program Related Invst Total	$135,099	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$644,050	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$346,343	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr3	$22,125	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$45,451	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$306,019	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$373,595	TotalExcessDistributionCyovAmt
Qualifying Distributions	$644,050	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$346,343	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$297,707	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$671,302	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	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$671,302	ExcessDistriCyovToNextYrAmt
Excess From Year3	$22,125	ExcessFromYear3Amt
Excess From Year2	$45,451	ExcessFromYear2Amt
Excess From Year1	$306,019	ExcessFromYear1Amt
Excess From Current Year	$297,707	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientForeignAddress/AddressLine1Txt	CityRecipientForeignAddress/CityNm	CountryRecipientForeignAddress/CountryCd	Foreign PostalRecipientForeignAddress/ForeignPostalCd	Recipient RelationshipRecipientRelationshipTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt
DR SINBAD
DREIHEILIGENSTRAE 21A	INNSBRUCK	AU	6020	N/A	GENERAL SUPPORT	$3,000
MCE SOCIAL CAPITAL
				N/A	GENERAL SUPPORT	$8,450	5758 GEARY BLVD 261	SAN FRANCISCO	CA	94121
DR SCHWARZ FOUNDATION
METZSTR 36	MUNCHEN	GM	81667	N/A	GENERAL SUPPORT	$10,994
ROCKEFELLER PHILANTHROPY
				N/A	GENERAL SUPPORT	$20,000	6 WEST 48TH STREET 10TH FLOOR	NEW YORK	NY	10036
TONIIC INSTITUTE
				N/A	GENERAL SUPPORT	$25,000	901 MISSION STREET SUITE	SAN FRANCISCO	CA	94103	PF
HAWAII INVESTMENT READY
				N/A	GENERAL SUPPORT	$50,000	44-527 A KANEOHE BAY DRIVE	KANEOHE	HI	96744
GEMEINNUTZIGER VEREIN
MUHLFELDER STRASSE 20	HERRSCHING	GM		N/A	GENERAL SUPPORT	$172,000					PC

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$289,444	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$114,681	ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Exclusion	01	ExclusionCd
Exclusion	$32,149	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Business	523000	BusinessCd
Unrelated Business Taxbl Incm	-$1,733	UnrelatedBusinessTaxblIncmAmt
Exclusion	18	ExclusionCd
Exclusion	$428,560	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	-$1,733	UnrelatedBusinessTaxblIncmAmt
Exclusion	$575,390	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$573,657	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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$6,500	Amt
Net Investment Income	$3,250	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$3,250	DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (30 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
ADOBE SOCIAL MEZZANINE FUND I LP	AT COST	$972	$0
ASIA ENVIRONMENTAL PARTNERS	AT COST	$54,615	$26,613
BETTER VENTURES FUND II LP	AT COST	$48,430	$111,031
BETTER VENTURES FUND III LP	AT COST	$28,608	$49,416
BIOLITE LLC	AT COST	$155,445	$170,027
BRANDYWINE SONEN GLOBAL FIXED INCOME FUND	AT COST	$399,319	$393,018
CALVERT BOND	AT COST	$586,755	$575,915
COMMUNITY EM CREDIT FUND I, LP	AT COST	$157,750	$158,865
CORE INNOVATION CAP FUND	AT COST	$35,747	$359,173
DIET ID, INC.	AT COST	$25,000	$24,510
ECOTRUST FORESTS II LLC	AT COST	$63,451	$128,470
ELEOS SOCIAL VENTURE FUND LLC	AT COST	$71,600	$71,600
GRASS ROOTS BUSINESS INVESTMENT FUND	AT COST	$133,394	$0
HAWAII ULU COOPERATIVE	AT COST	$26,000	$26,000
ILLUMEN CAPITAL LP	AT COST	$189,012	$238,292
LEGACY VENTURE IV LLC	AT COST	$13,958	$228,412
MICROVEST II LP	AT COST	$14,778	$585
MICROVEST+PLUS LP	AT COST	$37,546	$35,087
PROOF OF IMPACT, INC,	AT COST	$125,000	$75,000
RAINFALL, INC.	AT COST	$100,000	$100,010
SAIL SAFE WATER PARTNERS LP	AT COST	$67,133	$66,962
SONEN GLOBAL MULTI STRATEGY IRISH FEEDER FUND CLASS B	AT COST	$1,164,210	$1,731,963
SONEN GLOBAL PUBLIC EQUITY FUND A	AT COST	$163,981	$880,526
SONEN GLOBAL SUSTAINABLE REAL ASSET	AT COST	$72,542	$73,805
SOUTHERN BANCORP CD	AT COST	$25,468	$25,490
WORKING CAPITAL INNOVATION FUND II, LP	AT COST	$97,540	$144,779
BROWN ADVISORY SUSTAINABLE GROWTH	AT COST	$90,060	$96,865
CCM IMPACT BOND	AT COST	$50,030	$48,395
KBI GLOBAL INCESTORS AQUARIUS FD	AT COST	$160,000	$119,886
PUTNUM GLOBAL HEALTH	AT COST	$200,000	$149,915

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	LOAN FEE	Desc
BOY Book Value	$8,500	BOYBookValueAmt
EOY Book Value	$8,500	EOYBookValueAmt
EOYFMV	$8,500	EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	WRITEOFF ADJUSTMENT	Desc
Amt	$8,386	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (20 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ADOBE SOCIAL MEZZANINE FUND	$16,684	$0	$0
BANK FEES	$673	$673	$0
BETTER VENTURES FUND II	$2,383	$2,383	$0
BETTER VENTURES FUND III	$1,172	$1,172	$0
CORE INNOVATION CAPITAL I	$502	$502	$0
GLOBAL SUSTAINABLE FIXED INCOME PORTFOLIO	$1,575	$1,575	$0
ILLUMEN CAPITAL LP	$7,763	$7,763	$0
INSURANCE	$1,451	$0	$1,451
LEGACY VENTURE IV LLC	$1,633	$1,633	$0
MICROVEST II LP	$284	$284	$0
MICROVEST SHORT DURATION FUND LP	$1,398	$1,398	$0
MICROVEST SHORT DURATION FUND LP	$702	$702	$0
MICROVEST+PLUS LP	$2,999	$2,999	$0
MISCELLANEOUS EXPENSE	$939	$939	$0
SONEN GLOBAL PUBLIC EQUITY FUND A	$16,136	$16,136	$0
SONEN GLOBAL PUBLIC EQUITY FUND A	$1,312	$1,312	$0
SONEN GLOBAL SUSTAINABLE REAL ASSETS	$1,907	$1,907	$0
SONEN GLOBAL SUSTAINABLE REAL ASSETS	$8	$8	$0
ECOTRUST FORESTS II	$6,847	$6,847	$0
WORKING CAPITAL INNOVATION FUND II	$30,641	$30,641	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (8 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
BRANDYWINE GLOBAL SUSTAINABLE FIXED INCOME PORTFOLIO	$13,353	$13,353	$13,353
COMMUNITY EM CREDIT FUND I	$7,750	$7,750	$7,750
ILLUMEN CAPITAL	$38	$38	$38
LEGACY VENTURE IV LP	$1,978	$1,983	$1,978
MICROVEST SHORT DURATION FUND LP	$250	$250	$250
OTHER INCOME	$4,975	$4,975	$4,975
SONEN GLOBAL PUBLIC EQUITY FUND A	$688	$688	$688
SONEN GLOBAL SUSTAINABLE REAL ASSETS	$3,117	$3,160	$3,117

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	LOAN FROM KD PRIMUST	Desc
BOY Book Value	$120,000	BOYBookValueAmt
EOY Book Value	$0	EOYBookValueAmt

Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2

Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp (5 entries)

Balance DueBalanceDueAmt
WAIANAE COMMUNITY RE-DEVELOPMENT CORPORATION DBA MA'O ORGANIC FARMS
$83,333
HAWAII COMMUNITY LENDING
$50,000
LOCAL BOUNTY DBA REAL GOOD FISH
$200,000
LOCAL I'A
$25,000
CRITERION INSTITUTE
$100,000

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT FEES	$114,772	$60,000	$54,772
CONSULTING	$50,000	$50,000	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAXES	$2,768	$2,768	$0
OTHER TAXES FROM PASS-THROUGH ENTITIES	$8	$8	$0
FEDERAL INCOME TAX	$3,408	$0	$0