| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 8,226 | 6,581 | 0 | 1,645 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| INDIRECT COMPENSATION | STATMENT - FORM 990-PF, PART 1, LINE 13 | THE FOUNDATION WAS CHARGED MANAGEMENT FEES BY THE TWO INVESTMENT FUNDS IN WHICH IT OWNS AN INTEREST. THESE FUNDS ARE MANAGED BY AN INDIVIDUAL, DAVID ROTHSCHILD, WHO IS ALSO A BOARD MEMBER AND PRESIDENT OF THE FOUNDATION. AS HE MEETS THE DEFINITION OF A DISQUALIFIED PERSON, THE MANAGEMENT FEES ARE BEING DISCLOSED AS INDIRECT COMPENSATION. REGS SECTION 53-4941(D)-3(C)(1) PROVIDES AN EXCEPTION FROM THE SELF-DEALING RULES FOR REASONABLE MANAGEMENT FEES PAID TO A DISQUALIFIED PERSON (WHETHER DIRECTLY OR INDIRECTLY). TO PROVIDE COMPLETE DISCLOSURE, THE AMOUNT OF THE MANAGEMENT FEES PAID HAS BEEN SHOWN AS INDIRECT COMPENSATION FOR DAVID ROTHSCHILD ON FORM 990-PF, PART I, LINE 13. THESE FUNDS WERE NOT PAID DIRECTLY TO MR. ROTHSCHILD. |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ROTHSCHILD TECHNOLOGY PARTNERS LP | AT COST | 4,348,413 | 4,347,334 |
| ROTHSCHILD CORNERSTONE FD LP (FKA ROTHSCHILD CAPITAL PARTNERS) | AT COST | 3,826,233 | 3,826,207 |
| ROTHSCHILD VENTURES | AT COST | 106,508 | 106,508 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 13,991 | 11,193 | 0 | 2,798 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN/LOSS ON INVESTMENTS | 874,918 |
| NONDEDUCTIBLE EXPENSES FROM PASSTHROUGHS | 37 |
| PASS THROUGH ENTITIES - BOOK/TAX DIFFERENCES | 27,154 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 98 | 78 | 0 | 20 |
| ROTHSCHILD CORNERSTONE FD, LP | 8,571 | 54,371 | 0 | 0 |
| ROTHSCHILD TECHNOLOGY PARTNERS | 14,315 | 56,356 | 0 | 0 |
| MANAGEMENT FEES | 5,761 | 4,489 | 0 | 1,122 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROTHSCHILD TECHNOLOGY PARTNERS LP | -43 | -43 | |
| ROTHSCHILD CORNERSTONE FD LP | 39,112 | 39,112 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 1,680 | 1,680 | 0 | 0 |