Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
The Thiel Foundation
 

Number and street (or P.O. box number if mail is not delivered to street address)1 Letterman Drive Bldg C Suite 400   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
San Francisco, CA94129
A Employer identification number

20-3846597
B Telephone number (see instructions)

(415) 376-0356
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$31,140,630J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 15,540,443
2 Check bullet
3 Interest on savings and temporary cash investments 10 10  
4 Dividends and interest from securities......      
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 36,778 0  
12 Total. Add lines 1 through 11........ 15,577,231 10  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 694,407 0   0
15 Pension plans, employee benefits....... 4,216 0   0
16a Legal fees (attach schedule)......... Click to see attachment 75,018 0   45,273
b Accounting fees (attach schedule)....... Click to see attachment 82,515 0   0
c Other professional fees (attach schedule).... Click to see attachment 147,331 0   135,562
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 39,423 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 3,216 0  
20 Occupancy.............. 5,415 0   5,415
21 Travel, conferences, and meetings....... 147,535 0   107,757
22 Printing and publications.......... 123,221 0   123,105
23 Other expenses (attach schedule)....... Click to see attachment 1,848,145 194   1,522,141
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,170,442 194   1,939,253
25 Contributions, gifts, grants paid........ 5,932,459 5,932,459
26 Total expenses and disbursements. Add lines 24 and 25 9,102,901 194   7,871,712
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 6,474,330
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 24,766,140 15,494,218 15,494,218
2 Savings and temporary cash investments.......... 7,947 7,956 7,956
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........   90,870 90,870
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 0 Click to see attachment15,536,432 15,536,432
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet16,972
Less: accumulated depreciation (attach schedule) bullet5,818 9,526 Click to see attachment11,154 11,154
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 24,783,613 31,140,630 31,140,630
Liabilities 17 Accounts payable and accrued expenses.......... 103,480 153,133
18 Grants payable................... 2,569,894 2,402,928
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 2,673,374 2,556,061
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 22,110,239 28,584,569
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 22,110,239 28,584,569
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 24,783,613 31,140,630
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 22,110,239
2 Enter amount from Part I, line 27a..................... 2 6,474,330
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 28,584,569
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 28,584,569
Form 990-PF (2013)
Form 990-PF (2013)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2012 11,012,414 2,235,441 4.926283
2011 5,731,259 3,245,418 1.765954
2010 5,205,651 5,669,411 0.918200
2009 2,338,891 1,076,700 2.172277
2008 3,255,044 700,244 4.648443
2 Total of line 1, column (d) ...................... 2 14.431157
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 2.886231
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 20,197,046
5 Multiply line 4 by line 3....................... 5 58,293,340
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 0
7 Add lines 5 and 6......................... 7 58,293,340
8 Enter qualifying distributions from Part XII, line 4.............. 8 7,871,712
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2013)
Form 990-PF (2013)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 0
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a  
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA, DE
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.thielfoundation.org
    14
    The books are in care ofbulletThe Organization Telephone no.bullet (415) 376-0356
    Located atbullet1 Letterman Drive Bldg C Ste 400San FranciscoCA ZIP+4bullet94129
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2013, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the
    foreign country bullet  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2013?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If "Yes," did it have excess business holdings in 2013 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2013.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2013?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    Ajay Royan Director
    1.00     		0 0 0
    1 Letterman Drive Bldg C Suite 400
    San Francisco,CA94129
    James O'Neill Director
    1.00     		0 0 0
    1 Letterman Drive Bldg C Suite 400
    San Francisco,CA94129
    Jonathan Cain President
    20.00     		0 0 0
    1 Letterman Drive Bldg C Suite 400
    San Francisco,CA94129
    Mathew Alexander Treasurer/Secretary
    1.00     		0 0 0
    1 Letterman Drive Bldg C Suite 400
    San Francisco,CA94129
    Peter Thiel Chairman of the Board
    2.00     		0 0 0
    1 Letterman Drive Bldg C Suite 400
    San Francisco,CA94129
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    Lindy Fishburne Senior Vice Presiden
    40.00     		340,000 23,995 0
    1 Letterman Drive Bldg C Suite 400
    San Francisco,CA94129
    Hemai Parthasarathy Scientific Director
    40.00     		138,125 6,410 0
    1 Letterman Drive Bldg C Suite 400
    San Francisco,CA94129
    Leonore Reiser Program Manager
    40.00     		92,949 21,996 0
    1 Letterman Drive Bldg C Suite 400
    San Francisco,CA94129
    Amanda Rupp Foundation Administr
    40.00     		72,000 8,473 0
    1 Letterman Drive Bldg C Suite 400
    San Francisco,CA94129
    Jimmy Kaltrieder Research Analysis &
    40.00     		51,333 8,473 0
    1 Letterman Drive Bldg C Suite 400
    San Francisco,CA94129
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Torch Communications Media consulting 399,681
    9 Lafayette st 9
    San Francisco,CA94103
    Danielle Lynn Strachman Consulting - 20under20 program managment 250,845
    840 Williams way 1
    Mountain View,CA94040
    Altour Travel Services 121,800
    1270 Ave of the Americas
    New York,NY10020
    Dogpatch Films Production Services 116,362
    Pier 70 Noonan Bldg Suite 218/220
    San Francisco,CA94107
    James Alison Consulting 98,035
    Av Dr Vieira de Carvalho 141
    Sao Paulo,Sao Paulo  
    BR
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,009,852
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
     
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    0
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,009,852
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,009,852
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    1,009,852
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
     
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 1,009,852
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008....... 3,255,044
    b From 2009....... 2,285,225
    c From 2010....... 5,113,448
    d From 2011....... 5,569,452
    e From 2012....... 10,900,646
    fTotal of lines 3a through e......... 27,123,815
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 7,871,712
    a Applied to 2012, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2013 distributable amount..... 1,009,852
    e Remaining amount distributed out of corpus 6,861,860
    5 Excess distributions carryover applied to 2013. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 33,985,675
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		3,255,044
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		30,730,631
    10 Analysis of line 9:
    a Excess from 2009.... 2,285,225
    b Excess from 2010.... 5,113,448
    c Excess from 2011.... 5,569,452
    d Excess from 2012.... 10,900,646
    e Excess from 2013.... 6,861,860
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2013, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2013 (b) 2012 (c) 2011 (d) 2010
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Acton Institute
    161 Ottawa Avenue NW Suite 301
    Grand Rapids,MI49503     		None 501(C)(3) Thiel Foundation General Grant 50,000
    Alexander Kiselev
    170 St Germain Avenue
    San Francisco,CA94114     		None Individual 20u20 Fellowship Grant 10,027
    American Friends of Bilderberg
    2099 Pennsylvania Ave
    Washington,DC20006     		None 501(C)(3) Thiel Foundation General Grant 25,000
    Anand Gupta
    765 San Antonio Rd 61
    Palo Alto,CA94303     		None Individual 20u20 Fellowship Grant 50,000
    Andrew Brackin
    139 Magnolia Ave
    Milbrae,CA94030     		None Individual 20u20 Fellowship Grant 29,167
    Andrew Hsu
    530 Showers Drive 7-234
    Mountain View,CA94040     		None Individual 20u20 Fellowship Grant 16,667
    Anglican Parish of All Saints'
    Ainsile Canberra ACT 2602 PO Box
    328
    Dickson,Dickson  
    AS     		None 501(C)(3) Imitatio Grant 75,000
    Assoc Recherches
    42 rue Diderot 93100
    Montreuil,Montreuil  
    FR     		None Foreign entity Nonpr Imitatio Grant 80,000
    Austin K Russel
    91979 Port Trinity Cir
    Newport Beach,CA92660     		None Individual 20u20 Fellowship Grant 4,167
    Australian Girard Seminar
    250 Victoria Parade
    Melbourne,Victoria3065
    AS     		None Unincorporated Assoc Imitatio Grant 5,000
    Ayn Rand Institute
    2121 Alton Parkway Ste 250
    Irvine,CA92606     		None 501(C)(3) Thiel Foundation General Grant 100,000
    Bell Biosystems Inc
    530 Lytton Avenue 2nd Floor
    Palo Alto,CA94301     		None C Corp Breakout Labs Grant 120,000
    Benjamin Yu
    12952 Stockton Ave
    Plainfield,IL60585     		None Individual 20u20 Fellowship Grant 20,833
    Benoit Chantre
    42 RUE Diderot
    Montreuil,Montreuil  
    FR     		None Individual Imitatio Grant 80,000
    Catalhoyuk Research Project
    3145 Porter Dr
    Palo Alto,CA94304     		None 501(C)(3) Imitatio Grant 50,000
    Charles Clayton Allsopp
    750 Loma Verde Ave
    Palo Alto,CA94303     		None Individual 20u20 Fellowship Grant 50,000
    Charlie Stigler
    418 Arbramar Ave
    Pacific Palisades,CA90272     		None Individual 20u20 Fellowship Grant 50,000
    Christopher Olah
    211 St Patrick Street PH4C
    Toronto,Ontario  
    CA     		None Individual 20u20 Fellowship Grant 50,000
    Christopher Rueth
    1042 Woodgrove Drive
    Cardiff,CA92007     		None Individual 20u20 Fellowship Grant 30,000
    Christopher T Walker
    4302 Stanford St
    Chery Chase,MD20815     		None Individual 20u20 Fellowship Grant 29,167
    Claremont McKenna College Salvatori Center
    500 E Ninth St
    Claremont,CA91711     		None 501(C)(3) Thiel Foundation General Grant 200,000
    Colloquium on Violence & Religion
    1415 Madison Ave
    Memphis,TN38104     		None 501(C)(3) Imitatio Grant 8,000
    Committee to Protect Journalists
    330 Seventh Avenue 11th Floor
    New York,NY10001     		None 501(C)(3) Thiel Foundation General Grant 75,000
    Connor Zwick
    537 Garden Prairie
    Waukesha,WI53186     		None Individual 20u20 Fellowship Grant 50,000
    Cornerstone Forum
    PO Box 9249
    Santa Rosa,CA95405     		None 501(C)(3) Imitatio Grant 40,000
    Cytovale Inc
    385 Oyster Point Blvd Suite 3
    South San Francisco,CA94080     		None C Corp Breakout Labs Grant 350,000
    Dale Stephens
    514 Abbey St
    Winters,CA95694     		None Individual 20u20 Fellowship Grant 16,667
    Daniel Friedman
    25 North Moore Apt 12C
    New York,NY10013     		None Individual 20u20 Fellowship Grant 29,167
    Daniel Zulla
    28 2nd St Floor 23
    San Francisco,CA94105     		None Individual 20u20 Fellowship Grant 38,781
    Darren Lim
    Bukit Batok E Ave 3 Blk 287 23-403
    Singapore,Singapore  
    SN     		None Individual 20u20 Fellowship Grant 25,000
    Darren Zhu
    4020 Greenbrier Farm Road
    WinstonSalem,NC27106     		None Individual 20u20 Fellowship Grant 29,167
    David Allen Dalrymple
    695 5th St Apt 9
    San Francisco,CA94107     		None Individual Thiel Foundation General Grant 50,000
    David Merfield
    33 Todd Ridge Road
    Titusville,NJ08560     		None Individual 20u20 Fellowship Grant 25,000
    Delian Asparouhov
    2723 Sherwood Drive
    Salt Lake City,UT84108     		None Individual 20u20 Fellowship Grant 29,167
    Diwank Tomer
    437/2 Bahra Saudager East Lucknow
    Road
    Hardol,Hardol  
    IN     		None Individual 20u20 Fellowship Grant 33,333
    Dylan Field
    4425 Acacia Way
    Penngrove,CA94928     		None Individual 20u20 Fellowship Grant 50,000
    Eden Full
    2136 Santiago Street
    San Francisco,CA94116     		None Individual 20u20 Fellowship Grant 29,167
    Entopsis LLC
    601 Genome Way Suite 3300
    Huntsville,AL35806     		None LLP Breakout Labs Grant 40,000
    Eric McKay
    4195 W Dublin Ct
    Chandler,AZ85226     		None Individual 20u20 Fellowship Grant 29,167
    Faheem Zaman
    3706 81st St Apt 2B
    Jackson Heights,NY11372     		None Individual 20u20 Fellowship Grant 33,333
    Foresight Institute
    PO Box 61058
    Palo Alto,CA94306     		None 501(C)(3) Thiel Foundation General Grant 100,000
    Friends of St Andrew's
    23 South Hill Drive
    Essex,VT05452     		None 501(C)(3) Imitatio Grant 4,000
    Gary Le
    5 Lucha Court
    East Brunswick,NJ08816     		None Individual 20u20 Fellowship Grant 29,167
    Gary Stanley Kurek
    45120 TWp Rd 615
    Fort Kent,Alberta  
    CA     		None Individual 20u20 Fellowship Grant 30,310
    Heidi Hudson
    2120 Pacific Ave 306
    San Francisco,CA94115     		None Individual Thiel Foundation General Grant 100
    Ilya Vakhutinsky
    9-15 Elaine Ter
    Fair Lawn,NJ07410     		None Individual 20u20 Fellowship Grant 50,000
    Inspirotec LLC
    2319 West Wabansia Avenue 1
    Chicago,IL60647     		None Partnership Breakout Labs Grant 87,500
    James Alison
    Av Dr Vieira de Carvalho 141 108
    Sao Paulo SP,Sao Paulo  
    BR     		None Individual Imitatio Grant 95,000
    James George Danielson
    1205 N Grant St
    West Lafayette,IN47906     		None Individual 20u20 Fellowship Grant 20,833
    James Koppel
    2117 Hillsgate Court
    St Louis,MO63146     		None Individual 20u20 Fellowship Grant 50,000
    James Proud
    74 Osier Way
    Banstead,Surrey  
    UK     		None Individual 20u20 Fellowship Grant 15,834
    James Schuler
    483 Bedford Road
    Armonk,NY10504     		None Individual 20u20 Fellowship Grant 33,333
    Jean-Pierre Dupuy
    2 square de Port Royal
    Paris,Paris  
    FR     		None Individual Imitatio Grant 40,000
    Jeffrey Lim
    738 Washington St 1
    San Francisco,CA94108     		None Individual 20u20 Fellowship Grant 20,833
    Jerome David Berlinski
    14 Rue Chanoinesse
    Paris,Paris75004
    FR     		None Individual Thiel Foundation General Grant 131,250
    John Burnham
    118 Parker Street
    Newton,MA02459     		None Individual 20u20 Fellowship Grant 16,667
    John Marbach
    51 Poling Farm Court
    Belle Mead,NJ08502     		None Individual 20u20 Fellowship Grant 1,075
    Kettner Griswold Jr
    8308 Carderock Dr
    Bethesda,MD20817     		None Individual 20u20 Fellowship Grant 50,000
    Kevin Wang
    555 Ygnacio Valley Road
    Walnut Creek,CA94596     		None Individual 20u20 Fellowship Grant 20,833
    Laura Deming
    1 Huntington Ave 1801
    Boston,MA02116     		None Individual 20u20 Fellowship Grant 29,167
    Laura T Ball
    714 Honey Creek Pkwy
    Wauwatosa,WI52313     		None Individual 20u20 Fellowship Grant 20,833
    Leland Stanford Junior University
    3145 Porter Dr
    Palo Alto,CA94304     		None University Imitatio Grant 30,000
    Leverage Research
    6078 Fairiane Dr
    Oakland,CA94611     		None 501(C)(3) Thiel Foundation General Grant 200,000
    Madison Thea Maxey
    311 Troutman St Unit 1L
    Brooklyn,NY11237     		None Individual 20u20 Fellowship Grant 29,167
    Mark Anspach
    Interno 6 Via Goito 8
    Bologna,Bologna  
    IT     		None Individual Imitatio Grant 55,000
    Mark Daniel
    7800 River Fork Drive
    Nashville,TN37221     		None Individual 20u20 Fellowship Grant 29,167
    Modern Meadows Inc
    1601 S Providence Rd
    Columbia,MO65211     		None Individual Breakout Labs Grant 150,000
    Nelson Zhang
    2525 Le Conte Ave Apt 7
    Berkeley,CA94709     		None Individual 20u20 Fellowship Grant 29,167
    Nicholas Cammarata
    22 Ferry Road
    Newburyport,MA01950     		None Individual 20u20 Fellowship Grant 25,000
    Nicklaus Liow
    7264 Adera Street
    Vancouver,Vancouver  
    CA     		None Individual 20u20 Fellowship Grant 29,167
    Noor Siddiqui
    7501 Evans Ford Rd
    Clifton,VA20124     		None Individual 20u20 Fellowship Grant 50,000
    Omar Rizwan
    10 Hillside Drive
    East Hanover,NJ07936     		None Individual 20u20 Fellowship Grant 54,167
    Pareto Biotechnologies Inc
    1465 65th St Ste 356
    Emeryville,CA94608     		None C Corp Breakout Labs Grant 200,000
    Paul Gu
    4890 W Flint Street
    Chandler,AZ85226     		None Individual 20u20 Fellowship Grant 29,167
    Paul Sebexen
    861 N Rengstorff Ave
    Mountain View,CA94043     		None Individual 20u20 Fellowship Grant 50,000
    Peers Benefit Corporation
    901 Mission Street suite 205
    San Francisco,CA94103     		None 501(C)(3) Thiel Foundation General Grant 100,000
    Preaching Peace
    942 Bentley Ridge Blvd
    Lancaster,PA17602     		None 501(C)(3) Imitatio Grant 40,000
    Randolph Bourne Institute
    1017 El Camino Real 306
    Redwood City,CA94063     		None 501(C)(3) Thiel Foundation General Grant 100,000
    Raven Foundation
    2624 Patriot Blvd
    Glenview,IL60026     		None 501(C)(3) Imitatio Grant 25,000
    Riley Ennis
    8027 Georgetown Pike
    Mc Lean,VA22102     		None Individual 20u20 Fellowship Grant 16,667
    Riley Susan Drake
    800 Haterleigh Road
    Baltimore,MD21212     		None Individual 20u20 Fellowship Grant 29,167
    Ritesh Agarwal
    310 Arcon Retreat Patia Square
    Bhubanes Hwar,Bhubanes Hwar, Or  
    IN     		None Individual 20u20 Fellowship Grant 43,333
    Ritik Malhotra
    1170 Johnson Ave
    San Jose,CA95129     		None Individual 20u20 Fellowship Grant 50,000
    Ryan David Lelek
    1300 Irving Street Apt 2
    San Francisco,CA94122     		None Individual 20u20 Fellowship Grant 54,287
    Sebastien Zany
    7 Delano Ave
    San Francisco,CA94112     		None Individual 20u20 Fellowship Grant 37,500
    SENS Research Foundation
    110 Pioneer Way Suite J
    Mountain View,CA94041     		Jonathan Cain on board 501(C)(3) Thiel Foundation General Grant 450,000
    Skyphrase Inc (Job)
    12202 Admiral Walk Drive
    Cohoes,NY12047     		None C Corp Breakout Labs Grant 32,013
    Spencer Hewett
    603 Winsford Rd
    Bryn Mawr,PA19010     		None Individual 20u20 Fellowship Grant 50,000
    Stealth Biosciences
    655 12th Ave
    Menlo Park,CA94025     		None C Corp Breakout Labs Grant 134,000
    Sujay Tyle
    67 Lenox Hill Drive
    Spring,TX77382     		None Individual 20u20 Fellowship Grant 45,833
    Tara Seshan
    6 Pine Ridge Rd
    Wilton,CT06897     		None Individual 20u20 Fellowship Grant 50,000
    Taylor R Wilson
    2385 Manzanita Ln
    Reno,NV89509     		None Individual 20u20 Fellowship Grant 50,000
    The Seasteading Institute
    330 2nd Street 302
    Oakland,CA94607     		None 501(C)(3) Thiel Foundation General Grant 314,521
    Theology & Peace
    1307 W Church Street
    Elmira,NY14905     		None 501(C)(3) Imitatio Grant 15,000
    Thomas R Sohmers
    216 Park Lane
    Atherton,CA94027     		None Individual 20u20 Fellowship Grant 29,167
    Tom Currier
    19 Selby Lane
    Atherton,CA94027     		None Individual 20u20 Fellowship Grant 16,667
    Tony Ho
    1398 Bing Dr
    San Jose,CA95129     		None Individual 20u20 Fellowship Grant 50,000
    UCSF Foundation
    460 Hegenberger Road Bldg 930
    Oakland,CA94621     		None 501(C)(3) Thiel Foundation General Grant 175,000
    United States New Zealand Council
    1801 F Street NW 3rd Floor
    Washington,DC20006     		None C Corp Thiel Foundation General Grant 100,000
    University of Chicago
    1427 East 60th Street Suite 120
    Chicago,IL60637     		None 501(C)(3) Thiel Foundation General Grant 50,000
    William C LeGate
    660 Gunby Road
    Marietta,GA30067     		None Individual 20u20 Fellowship Grant 25,000
    William Johnsen
    1042 Lakeside Drive SE
    East Grand Rapids,MI49506     		None Individual Imitatio Grant 30,000
    Xinyi Chen
    4072 First Center
    Princeton,NJ08544     		None Individual 20u20 Fellowship Grant 19,394
    Yoonseo Kang
    909 SW Willow Road
    Maysville,MO54469     		None Individual 20u20 Fellowship Grant 50,000
    Zachary Hamed
    3 Camille Lane
    Holbrook,NY11741     		None Individual 20u20 Fellowship Grant 4,167
    Total .................................bullet 3a 6,099,430
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 10  
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		         
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aProgram fees     03 4,765  
    bMiscellaneous income     03 32,013  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 36,788 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    1336,788
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2013)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2013
    Name of the organization
    The Thiel Foundation
     
    Employer identification number

    20-3846597
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 2
    Name of organization
    The Thiel Foundation
          		Employer identification number

    20-3846597
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    Peter Thiel  
    1 Letterman Drive Bldg C Suite 400
     
    San Francisco, CA94129

    		$15,533,443


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 3
    Name of organization
    The Thiel Foundation
          		Employer identification number

    20-3846597
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 284,235 shares publicly traded corporate stock $15,533,443 2013-12-31
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 4
    Name of organization
    The Thiel Foundation
          		Employer identification number

    20-3846597
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2013 AccountingFeesSchedule
    Name:
    The Thiel Foundation
    EIN: 20-3846597
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting fees 82,515 0   0

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2013 DepreciationSchedule
    Name:
    The Thiel Foundation
    EIN: 20-3846597
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    Laptops 2011-08-04 3,116 883 SL 5.000000000000 623 0    
    Docking station 2011-08-04 535 152 SL 5.000000000000 107 0    
    Keyboard 2011-09-13 99 26 SL 5.000000000000 20 0    
    Laser Printer 2011-11-16 130 28 SL 5.000000000000 26 0    
    Laptop 2011-11-16 3,059 816 SL 5.000000000000 612 0    
    Apple Macbook Air 2012-03-13 1,699 283 SL 5.000000000000 340 0    
    Docking Station 2012-03-13 311 52 SL 5.000000000000 62 0    
    Apple Macbook Air 2012-03-19 1,499 225 SL 5.000000000000 300 0    
    Macbook pro 2012-08-07 1,499 125 SL 5.000000000000 300 0    
    Dell Monitor 2012-08-20 181 12 SL 5.000000000000 36 0    
    Macbook pro 2013-02-25 1,633   SL 5.000000000000 272 0    
    Laptops 2013-04-05 2,121   SL 5.000000000000 318 0    
    Laptops 2013-01-18 1,090   SL 5.000000000000 200 0    

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    TY 2013 ExpenditureResponsibilityStmt
    Name:
    The Thiel Foundation
    EIN: 20-3846597
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    Alexander Kiselev 170 St Germain Avenue
    San Francisco,CA94114     		2011-04-15 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 10,027 no 10/2/2013 2013-10-02 Grant was in compliance.
    Anand Gupta 765 San Antonio Rd 61
    Palo Alto,CA94303     		2012-05-09 100,000 20u20 Fellowship Grant. The grant was awarded in 2012. The amount expended was the amount distributed in 2013. $29,167 is recorded as payable to be distributed in 2014. 50,000 no 5/1/13, 7/30/13, 12/28/13, 2013-12-28 Grant was in compliance.
    Andrew Brackin 139 Magnolia Ave
    Milbrae,CA94030     		2013-06-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $70,833 is recorded as payable to be distributed in 2014. 29,167 no 5/30/13, 7/1/13, 7/30/13, 10/1/13, 11/29/13, 1/1/14 2014-01-01 Grant was in compliance.
    Andrew Hsu 530 Showers Drive 7-234
    Mountain View,CA94040     		2011-05-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 16,667 no 11/26/12, 3/18/13 2013-03-18 Grant was in compliance.
    Assoc Recherches
          		42 rue Diderot 93100
    Montreuil,Montreuil  
    FR     		2013-02-15 80,000 Imitatio Grant. Spent grant for teaching, writing, publication of works concerning mimetic theory. 80,000 no 4/3/2014 2014-04-03 Grant was in compliance.
    Austin K Russel 91979 Port Trinity Cir
    Newport Beach,CA92660     		2013-07-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $95,833 is recorded as payable to be distributed in 2014. 4,167 no 6/1/13, 8/1/13, 12/5/13,1/9/14 2014-01-09 Grant was in compliance.
    Australian Girard Seminar
          		250 Victoria Parade
    Melbourne,Victoria  
    AS     		2013-06-13 5,000 Imitatio Grant. Grant spent to pay for copyediting expenses for publication of a book collecting essays on Rene Girard's mimetic theory. 5,000 no 6/5/13, 10/5/13 2013-10-05 Grant was in compliance.
    Bell Biosystems Inc
          		530 Lytton Avenue 2nd Floor
    Palo Alto,CA94301     		2012-07-11 120,000 Breakout Labs Grant. 120,000 no 4/12/13, 2/4/13, 4/18/13, 7/1/13, 7/15/13, 7/18/13 2013-07-18 Grant was in compliance.
    Benjamin Yu 12952 Stockton Ave
    Plainfield,IL60585     		2011-04-13 50,000 20u20 Fellowship Grant. The grant was awarded in 2012. The amount expended was the amount distributed in 2013. No amount was due at 12/31/13. 20,833 no 5/1/2013 2013-05-01 Grant was in compliance.
    Benoit Chantre 42 RUE Diderot
    Montreuil,Montreuil  
    FR     		2013-02-15 80,000 Imitatio Grant. Spent grant for teaching, writing, publication of works concerning mimetic theory. 80,000 no 1/4/2014 2014-01-04 Grant was in compliance.
    Charles Clayton Allsopp 750 Loma Verde Ave
    Palo Alto,CA94303     		2012-12-31 100,000 20u20 Fellowship Grant. The grant was awarded in 2012. The amount expended was the amount distributed in 2013. $25,000 is recorded as payable to be distributed in 2014. 50,000 no 10/29/12, 3/1/13 2013-03-01 Grant was in compliance.
    Charlie Stigler 418 Arbramar Ave
    Pacific Palisades,CA90272     		2013-09-06 100,000 20u20 Fellowship Grant. The grant was awarded in 2012. The amount expended was the amount distributed in 2013. $25,833 is recorded as payable to be distributed in 2014. 50,000 no 11/1/12, 3/4/13 2013-03-04 Grant was in compliance.
    Christopher Olah 211 St Patrick Street PH4C
    Toronto,Ontario  
    CA     		2012-12-31 100,000 20u20 Fellowship Grant. The grant was awarded in 2012. The amount expended was the amount distributed in 2013. $25,000 is recorded as payable to be distributed in 2014. 50,000 no 10/15/12, 2/20/13 2013-02-20 Grant was in compliance.
    Christopher Rueth 1042 Woodgrove Drive
    Cardiff,CA92007     		2012-10-10 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 30,000 no 2/22/2013 2013-02-22 Grant was in compliance.
    Christopher T Walker 4302 Stanford St
    Chery Chase,MD20815     		2013-06-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $70,833 is recorded as payable to be distributed in 2014. 29,167 no 6/20/13, 8/1/13, 9/29/13, 11/29/13, 1/4/14 2014-01-14 Grant was in compliance.
    Connor Zwick 537 Garden Prairie
    Waukesha,WI53186     		2012-05-07 100,000 20u20 Fellowship Grant. The grant was awarded in 2012. The amount expended was the amount distributed in 2013. $20,833 is recorded as payable to be distributed in 2014. 50,000 no 4/30/13, 5/21/13, 6/27/13, 8/1/13, 9/1/13, 10/1/13 2013-10-01 Grant was in compliance.
    Cytovale Inc
          		385 Oyster Point Blvd Suite 3
    South San Francisco,CA94080     		2013-09-16 350,000 Breakout Labs Grant. 350,000 no 1/7/2014 2014-01-07 Grant was in compliance.
    Dale Stephens 514 Abbey St
    Winters,CA95694     		2011-04-25 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 16,667 no 5/1/2013 2013-05-01 Grant was in compliance.
    Daniel Friedman 25 North Moore Apt 12C
    New York,NY10013     		2011-04-22 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 29,167 no 2/14/2013 2013-02-14 Grant was in compliance.
    Daniel Zulla 28 2nd St Floor 23
    San Francisco,CA94105     		2013-05-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $61,219 is recorded as payable to be distributed in 2014. 38,781 no 6/2/13, 6/30/13, 8/1/13, 9/1/13, 10/1/13, 11/29/13, 12/19/13, 1/1/14 2014-01-01 Grant was in compliance.
    Darren Lim Bukit Batok E Ave 3 Blk 287 23-403
    Singapore,Singapore  
    SN     		2013-07-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $75,000 is recorded as payable to be distributed in 2014. 25,000 no 5/30/13, 6/22/13, 7/29/13, 8/30/13, 10/1/13, 11/30/13, 12/28/13 2013-12-28 Grant was in compliance.
    Darren Zhu 4020 Greenbrier Farm Road
    WinstonSalem,NC27106     		2011-04-24 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 29,167 no 5/1/2013 2013-05-01 Grant was in compliance.
    David Allen Dalrymple 695 5th St Apt 9
    San Francisco,CA94107     		2013-07-03 50,000 Thiel Foundation General Grant 50,000 no 10/27/2013 2013-10-27 Grant was in compliance.
    David Merfield 33 Todd Ridge Road
    Titusville,NJ08560     		2011-04-18 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 25,000 no 4/24/2013 2013-04-24 Grant was in compliance.
    Delian Asparouhov 2723 Sherwood Drive
    Salt Lake City,UT84108     		2013-06-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $70,833 is recorded as payable to be distributed in 2014. 29,167 no 5/31/13, 7/1/13, 8/1/13, 9/1/13, 10/1/13, 12/1/13 2013-12-01 Grant was in compliance.
    Diwank Tomer 437/2 Bahra Saudager East Lucknow
    Road
    Hardol,Hardol  
    IN     		2013-05-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $66,667 is recorded as payable to be distributed in 2014. 33,333 no 7/2/13, 7/28/13 2013-07-28 Grant was in compliance.
    Dylan Field 4425 Acacia Way
    Penngrove,CA94928     		2012-07-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2012. The amount expended was the amount distributed in 2013. $25,000 is recorded as payable to be distributed in 2014. 50,000 no 4/1/2013 2013-04-01 Grant was in compliance.
    Eden Full 2136 Santiago Street
    San Francisco,CA94116     		2011-04-26 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 29,167 no 3/28/2013 2013-03-28 Grant was in compliance.
    Entopsis LLC
          		601 Genome Way Suite 3300
    Huntsville,AL35806     		2012-05-25 40,000 Breakout Labs Grant 40,000 no 4/12/13, 4/24/13, 5/3/13, 10/23/13, 7/30/13, 11/23/13, 1/31/14 2014-01-31 Grant was in compliance.
    Eric McKay 4195 W Dublin Ct
    Chandler,AZ85226     		2011-04-25 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 29,167 no 2/22/2013 2013-02-22 Grant was in compliance.
    Faheem Zaman 3706 81st St Apt 2B
    Jackson Heights,NY11372     		2011-05-03 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 33,333 no 1/28/13, 5/20/13 2013-05-20 Grant was in compliance.
    Gary Le 5 Lucha Court
    East Brunswick,NJ08816     		2013-06-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $70,833 is recorded as payable to be distributed in 2014. 29,167 no 5/30/13, 8/2/13, 9/3/13, 10/1/13, 11/29,13, 1/2/14 2014-01-02 Grant was in compliance.
    Gary Stanley Kurek 45120 TWp Rd 615
    Fort Kent,Alberta  
    CA     		2011-04-17 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 30,310 no 5/1/13, 6/2/13, 9/1/13 2013-09-01 Grant was in compliance.
    Ilya Vakhutinsky 9-15 Elaine Ter
    Fair Lawn,NJ07410     		2012-05-10 100,000 20u20 Fellowship Grant. The grant was awarded in 2012. The amount expended was the amount distributed in 2013. $20,833 is recorded as payable to be distributed in 2014. 50,000 no 1/28/2013 2013-01-28 Grant was in compliance.
    Inspirotec LLC
          		2319 West Wabansia Avenue 1
    Chicago,IL60647     		2012-04-12 87,500 Breakout Labs Grant. 87,500 no 4/12/13, 5/13/13, 4/30/13, 8/2/13, 11/6/13 2013-11-06 Grant was in compliance.
    James Alison Av Dr Vieira de Carvalho 141 108
    Sao Paulo SP,Sao Paulo  
    BR     		2013-09-25 95,000 Imitatio Grant. Grant spent on writing, teaching, and preparing for publications and works concerning mimetic theory. 95,000 no 1/19/2013 2013-01-19 Grant was in compliance.
    James George Danielson 1205 N Grant St
    West Lafayette,IN47906     		2011-04-21 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 20,833 no 4/25/2013 2013-04-25 Grant was in compliance.
    James Koppel 2117 Hillsgate Court
    St Louis,MO63146     		2012-05-08 100,000 20u20 Fellowship Grant. The grant was awarded in 2012. The amount expended was the amount distributed in 2013. $25,000 is recorded as payable to be distributed in 2014. 50,000 no 3/18/2013 2013-03-18 Grant was in compliance.
    James Proud 74 Osier Way
    Banstead,Surrey  
    UK     		2011-04-13 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 15,834 no 6/3/2013 2013-06-03 Grant was in compliance.
    James Schuler 483 Bedford Road
    Armonk,NY10504     		2013-05-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $66,667 is recorded as payable to be distributed in 2014. 33,333 no 6/12/13, 6/28/13, 7/30/13, 8/31/13, 10/1/13, 11/28/13 2013-11-28 Grant was in compliance.
    Jean Pierre Dupuy 2 square de Port Royal
    Paris,Paris  
    FR     		2013-02-15 40,000 Imitatio Grant. Grant spent on writing, teaching, and preparing for publications and works concerning mimetic theory. 40,000 no 2/5/2014 2014-02-05 Grant was in compliance.
    Jeffrey Lim 738 Washington St 1
    San Francisco,CA94108     		2011-04-22 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 20,833 no 4/22/2013 2013-04-22 Grant was in compliance.
    Jerome David Berlinski 14 Rue Chanoinesse
    Paris,Paris  
    FR     		2012-10-31 131,250 Thiel Foundation General Grant 131,250 no 4/16/13, 7/15/2013 2013-07-15 Grant was in compliance.
    John Burnham 118 Parker Street
    Newton,MA02459     		2011-04-13 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 16,667 no 2/4/2013 2013-02-04 Grant was in compliance.
    John Marbach 51 Poling Farm Court
    Belle Mead,NJ08502     		2011-04-20 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 1,075 no 1/11/2013 2013-01-11 Grant was in compliance.
    Kettner Griswold Jr 8308 Carderock Dr
    Bethesda,MD20817     		2012-05-09 100,000 20u20 Fellowship Grant. The grant was awarded in 2012. The amount expended was the amount distributed in 2013. $12,500 is recorded as payable to be distributed in 2014. 50,000 no 5/1/13, 5/30/13, 6/30/13, 8/1/13, 9/1/13, 12/6/13, 2013-12-06 Grant was in compliance.
    Kevin Wang 555 Ygnacio Valley Road
    Walnut Creek,CA94596     		2013-08-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $79,167 is recorded as payable to be distributed in 2014. 20,833 no 5/21/13, 7/1/13, 8/31/13, 12/1/13 2013-12-01 Grant was in compliance.
    Laura Deming 1 Huntington Ave 1801
    Boston,MA02116     		2011-04-19 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 29,167 no 4/1/2013 2013-04-01 Grant was in compliance.
    Laura T Ball 714 Honey Creek Pkwy
    Wauwatosa,WI52313     		2013-08-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $79,167 is recorded as payable to be distributed in 2014. 20,833 no 5/31/13, 7/1/13, 9/2/13, 10/1/13, 11/30/13, 12/2/13 2013-12-02 Grant was in compliance.
    Leland Stanford Junior University
          		3145 Porter Dr
    Palo Alto,CA94304     		2013-02-15 30,000 Imitatio Grant 30,000 no 10/24/2013 2013-10-24 Grant was in compliance.
    Madison Thea Maxey 311 Troutman St Unit 1L
    Brooklyn,NY11237     		2013-06-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $70,833 is recorded as payable to be distributed in 2014. 29,167 no 5/21/13, 6/21/13, 7/24/13, 7/29/13, 9/4/13, 10/1/13, 11/20/13, 12/21/13 2013-12-21 Grant was in compliance.
    Mark Anspach Interno 6 Via Goito 8
    Bologna,Bologna  
    IT     		2012-02-07 55,000 Imitatio Grant. Grant spent on writing, teaching, and preparing for publications and works concerning mimetic theory. 55,000 no 2/2/2014 2014-02-02 Grant was in compliance.
    Mark Daniel 7800 River Fork Drive
    Nashville,TN37221     		2013-06-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $70,833 is recorded as payable to be distributed in 2014. 29,167 no 5/31/13, 7/2/13, 8/5/13, 9/3/13, 9/23/13, 11/30/13, 12/31/13 2013-12-31 Grant was in compliance.
    Modern Meadow Inc 1601 S Providence Rd
    Columbia,MO652113460     		2012-06-21 150,000 Breakout Labs Grant. 150,000 no 4/12/13, 4/18/13, 5/6/13, 12/7/13 2013-12-07 Grant was in compliance.
    Nelson Zhang 2525 Le Conte Ave Apt 7
    Berkeley,CA94709     		2013-06-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $70,833 is recorded as payable to be distributed in 2014. 29,167 no 5/31/13, 6/30/13, 8/1/13, 9/2/13, 10/1/13, 11/29/13, 12/31/13 2013-12-31 Grant was in compliance.
    Nicholas Cammarata 22 Ferry Road
    Newburyport,MA01950     		2011-04-21 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 25,000 no 2/11/2013 2013-02-11 Grant was in compliance.
    Nicklaus Liow 7264 Adera Street
    Vancouver,Vancouver  
    CA     		2013-06-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $70,833 is recorded as payable to be distributed in 2014. 29,167 no 7/24/13, 9/29/13 2013-09-29 Grant was in compliance.
    Noor Siddiqui 7501 Evans Ford Rd
    Clifton,VA20124     		2012-05-07 100,000 20u20 Fellowship Grant. The grant was awarded in 2012. The amount expended was the amount distributed in 2013. $25,000 is recorded as payable to be distributed in 2014. 50,000 no 1/31/2013 2013-01-31 Grant was in compliance.
    Omar Rizwan 10 Hillside Drive
    East Hanover,NJ07936     		2013-12-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2012. The amount expended was the amount distributed in 2013. $54,167 is recorded as payable to be distributed in 2014. 54,167 no 1/22/13, 5/9/13 2013-05-09 Grant was in compliance.
    Pareto Biotecnologies Inc
          		1465 65th St Ste 356
    Emeryville,CA94608     		2013-11-05 200,000 Breakout Labs Grant 200,000 no 2/1/14, 2/3/14, 4/30/14, 6/1/14, 8/1/14 2013-08-01 Grant was in compliance.
    Paul Gu 4890 W Flint Street
    Chandler,AZ85226     		2011-04-22 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 29,167 no 2/20/2013 2013-02-20 Grant was in compliance.
    Paul Sebexen 861 N Rengstorff Ave
    Mountain View,CA94043     		2012-05-09 100,000 20u20 Fellowship Grant. The grant was awarded in 2012. The amount expended was the amount distributed in 2013. $20,833 is recorded as payable to be distributed in 2014. 50,000 no 3/28/3012 2013-03-28 Grant was in compliance.
    Riley Ennis 8027 Georgetown Pike
    Mc Lean,VA22102     		2013-09-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $83,833 is recorded as payable to be distributed in 2014. 16,667 no 5/27/13, 6/29/13, 7/31/13, 9/1/13, 9/30/13, 11/27/13, 12/30/13 2013-12-30 Grant was in compliance.
    Riley Susan Drake 800 Haterleigh Road
    Baltimore,MD21212     		2013-06-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $70,833 is recorded as payable to be distributed in 2014. 29,167 no 5/31/13, 7/1/13, 8/1/13, 9/1/13, 10/1/13, 11/27/13, 12/22/13 2013-12-22 Grant was in compliance.
    Ritesh Agarwal 310 Arcon Retreat Patia Square
    Bhubanes Hwar,Bhubanes Hwar, Or  
    IN     		2013-04-28 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $56,667 is recorded as payable to be distributed in 2014. 43,333 no 6/1/13, 7/1/13, 10/1/13, 11/27/13, 12/27/13 2013-12-27 Grant was in compliance.
    Ritik Malhotra 1170 Johnson Ave
    San Jose,CA95129     		2012-05-07 100,000 20u20 Fellowship Grant. The grant was awarded in 2012. The amount expended was the amount distributed in 2013. $20,833 is recorded as payable to be distributed in 2014. 50,000 no 5/1/13, 6/1/13 7/5/13, 8/2/13, 9/2/13, 12/2/13 2013-12-02 Grant was in compliance.
    Ryan David Lelek 1300 Irving Street Apt 2
    San Francisco,CA94122     		2012-05-14 100,000 20u20 Fellowship Grant. The grant was awarded in 2012. The amount expended was the amount distributed in 2013. $12,767 is recorded as payable to be distributed in 2014. 54,287 no 4/30/13, 6/30/13, 8/1/13, 10/2/13, 11/26/13, 12/26/13 2013-12-26 Grant was in compliance.
    Sebastien Zany 7 Delano Ave
    San Francisco,CA94112     		2011-04-17 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 37,500 no 5/1/13, 5/29/13 2013-05-29 Grant was in compliance.
    Skyphrase Inc
          		12202 Admiral Walk Drive
    Cohoes,NY12047     		2013-03-01 32,013 Breakout Labs Grant 32,013 no 11/1/13, 12/9/13, 2/18/14 2014-02-18 Grant was in compliance.
    Spencer Hewett 603 Winsford Rd
    Bryn Mawr,PA19010     		2012-05-21 100,000 20u20 Fellowship Grant. The grant was awarded in 2012. The amount expended was the amount distributed in 2013. $20,833 is recorded as payable to be distributed in 2014. 50,000 no 6/30/13, 7/2/13, 11/29/13,1/6/14 2014-01-06 Grant was in compliance.
    Stealth Biosciences
          		655 12th Ave
    Menlo Park,CA94025     		2013-04-22 134,000 Breakout Labs Grant 134,000 no 7/23/13, 7/24/13, 11/1/13, 2/7/14, 1/27/14 2014-01-27 Grant was in compliance.
    Sujay Tyle 67 Lenox Hill Drive
    Spring,TX77382     		2011-04-26 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 45,833 no 1/18/2013 2013-01-18 Grant was in compliance.
    Tara Seshan 6 Pine Ridge Rd
    Wilton,CT06897     		2012-05-12 100,000 20u20 Fellowship Grant. The grant was awarded in 2012. The amount expended was the amount distributed in 2013. $45,833 is recorded as payable to be distributed in 2014. 50,000 no 5/1/13, 11/20/13, 12/24/13 2013-12-24 Grant was in compliance.
    Taylor R Wilson 2385 Manzanita Ln
    Reno,NV89509     		2012-05-06 100,000 20u20 Fellowship Grant. The grant was awarded in 2012. The amount expended was the amount distributed in 2013. $29,167 is recorded as payable to be distributed in 2014. 50,000 no 6/1/13, 8/1/13, 12/1/13, 12/31/13 2013-12-31 Grant was in compliance.
    Thomas R Sohmers 216 Park Lane
    Atherton,CA94027     		2013-06-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $70,833 is recorded as payable to be distributed in 2014. 29,167 no 5/24/13, 7/2/13, 8/1/13, 9/2/13, 12/3/13, 12/31/13 2013-12-31 Grant was in compliance.
    Tom Currier 19 Selby Lane
    Atherton,CA94027     		2011-04-20 100,000 20u20 Fellowship Grant. The grant was awarded in 2011. The amount expended was the remaining amount payable in 2013. No amount was due at 12/31/13. 16,667 no 3/14/2013 2013-03-14 Grant was in compliance.
    Tony Ho 1398 Bing Dr
    San Jose,CA95129     		2012-05-05 100,000 20u20 Fellowship Grant. The grant was awarded in 2012. The amount expended was the amount distributed in 2013. $29,167 is recorded as payable to be distributed in 2014. 50,000 no 4/30/13, 8/1/13, 10/1/13, 12/1/13, 1/6/14 2014-01-06 Grant was in compliance.
    United States New Zealand Council
          		1801 F Street NW 3rd Floor
    Washington,DC20006     		2013-05-22 100,000 Thiel Foundation General Grant 100,000 no 11/15/2013   Grant was in compliance.
    William C LeGate 660 Gunby Road
    Marietta,GA30067     		2013-07-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $75,000 is recorded as payable to be distributed in 2014. 25,000 no 5/29/13, 6/30/13, 8/1/13, 10/1/13, 10/31/13, 11/30/13, 12/31/13 2013-12-31 Grant was in compliance.
    William Johnsen 1042 Lakeside Drive SE
    East Grand Rapids,MI49506     		2013-02-15 30,000 Imitatio Grant. Grant spent on writing, teaching, and preparing for publications and works concerning mimetic theory. 30,000 no 2/2/2014 2014-02-02 Grant was in compliance.
    Xinyi Chen 4072 First Center
    Princeton,NJ08544     		2013-06-10 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $80,606 is recorded as payable to be distributed in 2014. 19,394 no 5/28/13, 7/1/13, 7/30/13, 10/1/13, 2/3/14 2014-02-03 Grant was in compliance.
    Yoonseo Kang 909 SW Willow Road
    Maysville,MO54469     		2012-05-09 100,000 20u20 Fellowship Grant. The grant was awarded in 2012. The amount expended was the amount distributed in 2013. $16,667 is recorded as payable to be distributed in 2014. 50,000 no 2/20/2013 2013-02-20 Grant was in compliance.
    Zachary Hamed 3 Camille Lane
    Holbrook,NY11741     		2013-12-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2013. $95,833 is recorded as payable to be distributed in 2014. 4,167 no 5/27/13, 6/30/13, 8/30/13, 10/1/13, 11/27/13, 12/25/13 2013-12-25 Grant was in compliance.

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    The Thiel Foundation
    EIN: 20-3846597
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Corporate stock 15,536,432 15,536,432

    TY 2013 LandEtcSchedule2
    Name:
    The Thiel Foundation
    EIN: 20-3846597
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Laptops 3,116 1,506 1,610 1,610
    Docking station 535 259 276 276
    Keyboard 99 46 53 53
    Laser Printer 130 54 76 76
    Laptop 3,059 1,428 1,631 1,631
    Apple Macbook Air 1,699 623 1,076 1,076
    Docking Station 311 114 197 197
    Apple Macbook Air 1,499 525 974 974
    Macbook pro 1,499 425 1,074 1,074
    Dell Monitor 181 48 133 133
    Macbook pro 1,633 272 1,361 1,361
    Laptops 2,121 318 1,803 1,803
    Laptops 1,090 200 890 890


    TY 2013 LegalFeesSchedule
    Name:
    The Thiel Foundation
    EIN: 20-3846597
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal fees 75,018 0   45,273


    TY 2013 OtherExpensesSchedule
    Name:
    The Thiel Foundation
    EIN: 20-3846597
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Communications 560,318 0   373,005
    Bank service charges 194 194   0
    Equipment 1,621 0   60
    Contract labor 525,942 0   455,628
    Dues and subscriptions 55,749 0   19,240
    Licenses and permits 275 0   0
    Honorariums 27,111 0   27,111
    Hosted events 580,556 0   568,753
    Miscellaneous 1,693 0   1,161
    Office supplies 2,327 0   1,049
    Postage and delivery 3,286 0   3,055
    Program support services 67,849 0   67,849
    Telephone 16,253 0   904
    Reference materials 4,971 0   4,326


    TY 2013 OtherIncomeSchedule2
    Name:
    The Thiel Foundation
    EIN: 20-3846597
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Program fees 4,765   4,765
    Miscellaneous income 32,013   32,013


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    The Thiel Foundation
    EIN: 20-3846597
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Consulting fees 101,200 0   101,200
    Translation fees 31,739 0   31,739
    Other 2,623 0   2,623
    Payroll service fees 11,769 0   0


    TY 2013 TaxesSchedule
    Name:
    The Thiel Foundation
    EIN: 20-3846597
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise tax 10 0   0
    Franchise tax 20 0   0
    Payroll tax 39,393 0   0