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.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
The Thiel Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)One Letterman Dr Bldg C Ste 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:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$18,091,656J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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) 418,661
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 28,020 28,020  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,233,597
b Gross sales price for all assets on line 6a 12,672,052
7 Capital gain net income (from Part IV, line 2)... 11,757,927
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 9,086 0  
12 Total. Add lines 1 through 11........ 5,689,364 11,785,947  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 1,129,538 175,809   596,783
15 Pension plans, employee benefits....... 18,144 0   0
16a Legal fees (attach schedule)......... Click to see attachment 158,760 0   102,766
b Accounting fees (attach schedule)....... Click to see attachment 87,027 28,719   0
c Other professional fees (attach schedule).... Click to see attachment 497,787 0   491,561
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 117,758 0   27,770
19 Depreciation (attach schedule) and depletion... Click to see attachment 6,526 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 326,659 0   298,496
22 Printing and publications.......... 3,824 0   3,824
23 Other expenses (attach schedule)....... Click to see attachment 1,234,481 0   1,116,691
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,580,504 204,528   2,637,891
25 Contributions, gifts, grants paid....... 6,244,506 6,764,531
26 Total expenses and disbursements. Add lines 24 and 25 9,825,010 204,528   9,402,422
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -4,135,646
b Net investment income (if negative, enter -0-) 11,581,419
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
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............. 16,768,582 2,803,816 2,803,816
2 Savings and temporary cash investments.........      
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.......... 2,500    
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 9,115,032 Click to see attachment13,596,795 13,596,795
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).......... 0 Click to see attachment1,665,000 1,665,000
14 Land, buildings, and equipment: basis bullet42,285
Less: accumulated depreciation (attach schedule) bullet16,240 12,356 Click to see attachment26,045 26,045
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 25,898,470 18,091,656 18,091,656
Liabilities 17 Accounts payable and accrued expenses.......... 356,077 85,357
18 Grants payable.................. 2,199,587 1,688,228
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) Click to see attachment185,000 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 2,740,664 1,773,585
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 23,157,806 16,318,071
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 instructions)..... 23,157,806 16,318,071
31 Total liabilities and net assets/fund balances (see instructions). 25,898,470 18,091,656
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
23,157,806
2
Enter amount from Part I, line 27a .....................
2
-4,135,646
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
19,022,160
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,704,089
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
16,318,071
Form 990-PF (2015)
Form 990-PF (2015)
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.)
1 a Corporate Stock P 2013-12-31 2015-12-31
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 12,672,052   914,125 11,757,927
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       11,757,927
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 11,757,927
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 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))
2014 11,174,632 28,057,990 0.398269
2013 7,871,712 20,197,046 0.389746
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
2
Total of line 1, column (d) .....................
28.398452
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
1.679690
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
20,766,113
5
Multiply line 4 by line 3......................
5
34,880,632
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
115,814
7
Add lines 5 and 6........................
7
34,996,446
8
Enter qualifying distributions from Part XII, line 4.............
8
9,402,422
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 (2015)
Form 990-PF (2015)
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 Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 231,628
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........................... 3 231,628
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- ..... 5 231,628
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 189,466
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 55,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 244,466
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 12,838
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet12,838 RefundedBullet 11 0
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 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 2015 or the taxable year beginning in 2015 (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
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 2015, 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 FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    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 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 2015?.............
    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 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    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 2015 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 2015.)..................
    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 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    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 4945(d)(4)(A)? (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 (2015)
    Form 990-PF (2015)
    Page 7
    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
    Peter Thiel Chairman of the Board
    2.00     		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
    Ajay Royan Director
    1.00     		0 0 0
    1 Letterman Drive Bldg C Suite 400
    San Francisco,CA94129
    Sonia Arrison Director
    1.00     		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
    Lynn M Fishburne Senior Vice Presiden
    40.00     		340,000 0 0
    1 Letterman Drive Bldg C Suite 400
    San Francisco,CA94129
    Alana Ackerson Executive Director
    40.00     		310,753 0 0
    1 Letterman Drive Bldg C Suite 400
    San Francisco,CA94129
    Hemai Parthasarathy Scientific Director
    40.00     		209,150 0 0
    1 Letterman Drive Bldg C Suite 400
    San Francisco,CA94129
    Grace Eckert Office Manager
    40.00     		79,667 0 0
    1 Letterman Drive Bldg C Suite 400
    San Francisco,CA94129
    Julia Moore Program Manager
    40.00     		50,644 0 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 254,273
    9 Lafayette st 9
    San Francisco,CA94103
    Michigan State University Press Printing and Advertising 143,376
    1405 South Harrison Road Room 25
    East Lansing,MI48823
    JDB General Consulting 100,146
    314 Lytton Ave
    Palo Alto,CA94301
    Bohdanna Kesala Consulting - Events Coordinator 98,998
    533 Jersey St
    San Francisco,CA94114
    Michelle Kim-Danley Consulting - Breakout labs progam coordinator 91,850
    2040 Broadway Street 201
    San Francisco,CA94115
    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  
    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 instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    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
    19,120,395
    b
    Average of monthly cash balances.......................
    1b
    1,961,953
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    21,082,348
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    21,082,348
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    316,235
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    20,766,113
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,038,306
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    1,038,306
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    231,628
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    231,628
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    806,678
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    806,678
    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
    806,678
    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
    9,402,422
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    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
    9,402,422
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    9,402,422
    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 (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 806,678
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 5,113,448
    b From 2011...... 5,569,452
    c From 2012...... 10,900,646
    d From 2013...... 6,861,860
    e From 2014...... 10,018,154
    fTotal of lines 3a through e........ 38,463,560
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 9,402,422
    a Applied to 2014, 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 2015 distributable amount..... 806,678
    e Remaining amount distributed out of corpus 8,595,744
    5 Excess distributions carryover applied to 2015. 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 47,059,304
    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 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		5,113,448
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		41,945,856
    10 Analysis of line 9:
    a Excess from 2011.... 5,569,452
    b Excess from 2012.... 10,900,646
    c Excess from 2013.... 6,861,860
    d Excess from 2014.... 10,018,154
    e Excess from 2015.... 8,595,744
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    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 2015, 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) 2015 (b) 2014 (c) 2013 (d) 2012
             
    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 or email address 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 (2015)
    Form 990-PF (2015)
    Page 11
    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
    Adam Munich
    2705 Ridge Road
    Berkeley,CA94709     		None Individual 20u20 Fellowship Grant 50,000
    Adithya Chandrasekaran Ganesh
    629 Ashley Place
    Murphy,TX75094     		None Individual 20u20 Fellowship Grant 50,000
    San Francisco Community Foundation
    One Embarcadero Center Suite 1400
    San Francisco,CA94111     		None 501(c)(3) Thiel Foundation General Grant 232,000
    Alex Koren
    132A Langton Street
    San Francisco,CA94103     		None Individual 20u20 Fellowship Grant 50,000
    All Saints Anglican Church Ainslie
    Ainsile Canberra ACT 2602 PO Box
    328
    Dickson,Canberra  
    AS     		None 501(c)(3) Imitatio Grant 75,000
    American Friends of Bilderberg
    2099 Pennsylvania Ave
    Washington,DC20006     		None 501(c)(3) Thiel Foundation General Grant 25,000
    Andrew Brackin
    139 Magnolia Ave
    Milbrae,CA94030     		None Individual 20u20 Fellowship Grant 20,833
    Ari Weinstein
    2211 Mission St Unit B
    San Francisco,CA94110     		None Individual 20u20 Fellowship Grant 50,000
    Association Recherches Mimetique
    42 rue Diderot 93100
    Montreuil,Pas-de-Calais  
    FR     		None Nonprofit Foreign En Imitatio Grant 80,000
    Austin K Russel
    91979 Port Trinity Cir
    Newport Beach,CA92660     		None Individual 20u20 Fellowship Grant 66,111
    Ayn Rand Institute
    2121 Alton Parkway Ste 250
    Irvine,CA92606     		None 501(c)(3) Thiel Foundation General Grant 100,000
    Benjamin Englard
    20350 W Country Club Dr 4-110
    Aventura,FL33180     		None Individual 20u20 Fellowship Grant 50,000
    Benoit Chantre
    42 RUE Diderot
    Montreuil,Pas-de-Calais  
    FR     		None Individual Imitatio Grant 80,000
    C2 Sense Inc
    735 Concord Ave
    Cambridge,MA02138     		None C-Corp Breakout Labs Grant 350,000
    Caroline Beckman
    1021 N Doheny Drive 4
    West Hollywood,CA90069     		None Individual 20u20 Fellowship Grant 37,500
    Catalhoyuk Research Project
    Standford University PO BOX 20446
    Stanford,CA94309     		None NonProfit University Imitatio Grant 50,000
    Catherine Ray
    5820 Merriewood Drive
    Oakland,CA94611     		None Individual 20u20 Fellowship Grant 58,667
    Cathy Tie
    928 Mississauga Heights
    Mississauga,OntarioL5C 1A6
    CA     		None Individual 20u20 Fellowship Grant 37,500
    Christopher T Walker
    4302 Stanford St
    Chery Chase,MD20815     		None Individual 20u20 Fellowship Grant 20,833
    Colloquium on Violence & Religion
    1415 Madison Ave
    Memphis,TN38104     		None 501(c)(3) Imitatio Grant 8,000
    Conrad Kramer
    2211 Mission St Unit B
    San Francisco,CA94110     		None Individual 20u20 Fellowship Grant 50,000
    Cornerstone Forum
    PO Box 9249
    Santa Rosa,CA95405     		None 501(c)(3) Imitatio Grant 40,000
    Cytegen Corp
    4230 N Oakland Ave
    Shorewood,WI53211     		None C-Corp Breakout Labs Grant 200,000
    Darren Lim
    Bukit Batok E Ave 3 Blk 287 23-403
    Singapore,Singapore  
    SN     		None Individual 20u20 Fellowship Grant 12,500
    Delian Asparouhov
    1864 Fell Street
    San Francisco,CA94117     		None Individual 20u20 Fellowship Grant 20,833
    E3X Bio Inc
    4 Whitney Court
    Menlo Park,CA94025     		None C-Corp Breakout Labs Grant 150,000
    Eliana Lorch
    1150 Masonic Ave
    San Francisco,CA94117     		None Individual 20u20 Fellowship Grant 50,000
    Fouad Matin
    2211 Mission St Unit B
    San Francisco,CA94110     		None Individual 20u20 Fellowship Grant 50,000
    Gary Le
    5 Lucha Court
    East Brunswick,NJ08816     		None Individual 20u20 Fellowship Grant 12,500
    George Matus
    1578 Bowden Circle
    Salt Lake City,UT84117     		None Individual 20u20 Fellowship Grant 37,500
    Grace Gee
    10495 NE 4th Street Apt N208
    Bellevue,WA98004     		None Individual 20u20 Fellowship Grant 45,833
    Harry Gandhi
    151 Charles St W Suite 199
    Kitchener,OntatioN2G1H6
    CA     		None Individual 20u20 Fellowship Grant 50,000
    Helen Whitney Productions LLC
    59 Bank Street Apt 6
    New York,NY10014     		None LLC Thiel Foundation General Grant 350,000
    Ion DX Inc
    55 Rainbow Cir
    Danville,CA94506     		None C-Corp Breakout Labs Grant 350,000
    Ishaan Gulrajani
    1864 Fell Street
    San Francisco,CA94117     		None Individual 20u20 Fellowship Grant 29,167
    James Alison
    Av Dr Vieira de Carvalho 141 108
    Sao Paulo SP,Sao Paulo  
    BR     		None Individual 20u20 Fellowship Grant 98,000
    James Schuler
    483 Bedford Road
    Armonk,NY10504     		None Individual 20u20 Fellowship Grant 20,833
    Jarred Sumner
    1069 Oakhill Road
    Lafayette,CA94549     		None Individual 20u20 Fellowship Grant 28,830
    Jason Marmon
    3 Hunting Trail
    Armonk,NY10504     		None Individual 20u20 Fellowship Grant 37,500
    Jean Pierre Dupuy
    2 square de Port Royal
    Paris,Ile de France  
    FR     		None Individual Imitatio Grant 40,000
    Jeremy Cai
    400 Clementina St Apt 107
    San Francisco,CA94107     		None Individual 20u20 Fellowship Grant 50,000
    Jihad El Kawass
    255 king street apt 326
    San Francisco,CA94107     		None Individual 20u20 Fellowship Grant 37,500
    John Backus
    321 Geary Way Mountain View
    Mountain View,CA94041     		None Individual 20u20 Fellowship Grant 50,000
    John Meyer
    85 Broad Street Fresco News Floor
    17
    New York,NY10004     		None Individual 20u20 Fellowship Grant 50,000
    Josh Buckley
    900 Folsom Street 129
    San Francisco,CA94107     		None Individual 20u20 Fellowship Grant 37,500
    Kaushik Tiwari
    97/5 Krishna Nagar Safdarjung
    Enclave
    New Delhi,New Delhi  
    IN     		None Individual 20u20 Fellowship Grant 33,333
    Kevin Wang
    555 Ygnacio Valley Road
    Walnut Creek,CA94596     		None Individual 20u20 Fellowship Grant 37,500
    Kieran O'Reilly
    2 Mint Plaza 903
    San Francisco,CA94103     		None Individual 20u20 Fellowship Grant 50,000
    Kristin Dombek
    100 Kent Street Apt 1R
    Brooklyn,NY11222     		None Individual Imitatio Grant 5,000
    Laura T Ball
    714 Honey Creek Pkwy
    Wauwatosa,WI52313     		None Individual 20u20 Fellowship Grant 29,167
    Liam Horne
    67 Cottonwood Crescent
    Cambridge,OntarioN1T2J1
    CA     		None Individual 20u20 Fellowship Grant 37,500
    Lucy Guo
    1233 Via Di Salerno
    Pleasanton,CA94566     		None Individual 20u20 Fellowship Grant 11,111
    Machine Intelligence Research Institute
    2030 Addison St 300
    Berkeley,CA94704     		None 501(c)(3) Thiel Foundation General Grant 250,000
    Madison Thea Maxey
    311 Troutman St Unit 1L
    Brooklyn,NY11237     		None Individual 20u20 Fellowship Grant 16,666
    Mark Anspach
    Interno 6 Via Goito 8
    Bologna,Bologna  
    IT     		None Individual Imitatio Grant 55,000
    Mark Daniel
    2130 Post St 303
    San Francisco,CA94115     		None Individual 20u20 Fellowship Grant 17,130
    Martin Dimov Stoyanov
    8 Vasil Aprilov Street
    Novi Pazar,Shumen  
    BU     		None Individual 20u20 Fellowship Grant 33,333
    Max Lock
    5144 SW Hewett Blvd
    Portland,OR97221     		None Individual 20u20 Fellowship Grant 57,609
    Maxterial Inc
    2600 Hilltop Drive Bldg B room C231
    Richmond,CA94806     		None C-Corp Breakout Labs Grant 185,000
    MC McGrath
    1522 9th St
    Oakland,CA94607     		None Individual 20u20 Fellowship Grant 50,000
    N1 Foundation
    68 Jay Street 405
    Brooklyn,NY11201     		None 501(c)(3) Thiel Foundation General Grant 5,000
    Nano Griptech
    91 43rd St STE 200
    Pittsburgh,PA15201     		None C-Corp Breakout Labs Grant 350,000
    Nelson Zhang
    2525 Le Conte Ave Apt 7
    Berkeley,CA94709     		None Individual 20u20 Fellowship Grant 25,000
    Neumitra Inc
    665 Boylston St floor 4
    Boston,MA02116     		None C-Corp Breakout Labs Grant 385,000
    Newbigin House of Studies
    1388 Sutter St Ste 412
    San Francisco,CA94109     		None 501(c)(3) Thiel Foundation General Grant 350,000
    Nicklaus Liow
    8728 SW Marine Drive Suite 106
    Vancouver,British ColumbiaV6P6A4
    CA     		None Individual 20u20 Fellowship Grant 20,833
    Olenka Polak
    421 Ocean Front Walk 102
    Venice,CA90201     		None Individual 20u20 Fellowship Grant 50,000
    Patrick M Coughran
    692 De Haro St Suite A
    San Francisco,CA94107     		None Individual 20u20 Fellowship Grant 50,000
    Pedro Sette Camara e Silva
    Rua Hilario de Gouveia 126/202
    Rio de Janeiro,Rio de Janeiro  
    BR     		None Individual Imitatio Grant 9,000
    Preaching Peace
    942 Bentley Ridge Blvd
    Lancaster,PA17602     		None 501(c)(3) Imitatio Grant 40,000
    Presley Ocean Pleasant
    151 Mott Street Apt 11
    New York,NY10013     		None Individual 20u20 Fellowship Grant 37,500
    Raven Foundation
    2624 Patriot Blvd
    Glenview,IL60026     		None 501(c)(3) Imitatio Grant 10,000
    Rebecca Dawn Jolitz
    22570 Citation Dr
    Lost Gatos,CA95033     		None Individual 20u20 Fellowship Grant 50,000
    Riley Ennis
    8027 Georgetown Pike
    Mc Lean,VA22102     		None Individual 20u20 Fellowship Grant 33,333
    Riley Susan Drake
    800 Haterleigh Road
    Baltimore,MD21212     		None Individual 20u20 Fellowship Grant 20,833
    Ritesh Agarwal
    310 Arcon Retreat Patia Square
    Bhubanes Hwar,Orissa  
    IN     		None Individual 20u20 Fellowship Grant 17,708
    Rory O'Reilly
    2 Mint Plaza 903
    San Francisco,CA94103     		None Individual 20u20 Fellowship Grant 50,000
    SENS Research Foundation Inc
    110 Pioneer Way Suite J
    Mountain View,CA94041     		None 501(c)(3) Thiel Foundation General Grant 450,000
    Shantanu Bala
    7280 W Electra Lane
    Peoria,AZ85383     		Imitatio Grant Individual 20u20 Fellowship Grant 50,000
    Sheelah Hidden
    7 Little Mountain Road
    North Salem,NY10560     		None Individual Imitatio Grant 11,325
    Simon Fraser University
    515 West Hastings Street ACT Room
    3598
    Vancouver,British ColumbiaV6B5K3
    CA     		None Foreign University Imitatio Grant 5,000
    Simon Simonse
    PO box 94
    Nairobi,Nairobi621
    KE     		None Individual Imitatio Grant 5,000
    Simon Tian
    8760 Saguenay Avenue
    Brossard,QuebecJ4X 1P4
    CA     		None Individual 20u20 Fellowship Grant 37,500
    Stacey Ferriera
    2143 Pacific Ave 1
    San Francisco,CA94115     		None Individual 20u20 Fellowship Grant 37,500
    Theology & Peace
    1307 W Church Street
    Elmira,NY14905     		None 501(c)(3) Imitatio Grant 20,000
    Thomas Arthur Hunt
    13435 Ward Way Street
    Saratoga,CA95070     		None Individual 20u20 Fellowship Grant 50,000
    Thomas R Sohmers
    216 Park Lane
    Atherton,CA94027     		None Individual 20u20 Fellowship Grant 16,667
    Universidad Internacional Menendez Pelayo
    Av De Los Castros 42
    Santander,Cantabria39005
    SP     		None Foreign University Imitatio Grant 15,000
    University of Chicago Press
    11030 Langley Avenue
    Chicago,IL60628     		None Nonprofit University Imitatio Grant 5,500
    University of Western Sydney
    Londonderry Road
    Richmond,New South Wales2753
    AS     		None Foreign University Imitatio Grant 12,000
    Vanessa J Avery
    401 Commons Park South unit 951
    Stamford,CT06902     		None Individual Imitatio Grant 7,500
    Vitalik Buterin
    347 Deloraine Ave
    Toronto,OntarioM5M2B7
    CA     		None Individual 20u20 Fellowship Grant 41,667
    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 40,000
    Xinyi Chen
    4072 First Center
    Princeton,NJ08544     		None Individual 20u20 Fellowship Grant 34,876
    Zachary Hamed
    3 Camille Lane
    Holbrook,NY11741     		None Individual 20u20 Fellowship Grant 12,500
    Zachary Latta
    4080 18th Street
    San Francisco,CA94114     		None Individual 20u20 Fellowship Grant 37,500
    Zoli Kahan
    542 Brannan St Apt 412
    San Francisco,CA94107     		None Individual 20u20 Fellowship Grant 37,500
    Total .................................bullet 3a 6,764,531
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    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 ...........     		         
    4 Dividends and interest from securities....     14 28,020  
    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 ............     		    18 5,233,597  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aProgram fees     		    03 8,709  
    bMiscellaneous income     03 377  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 5,270,703 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    135,270,703
    (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 (2015)
    Form 990-PF (2015)
    Page 13
    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 organizations?
    Yes
    No
    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) 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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    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
    2015
    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) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) 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

    		$ 402,186


    (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) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    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
    		 4,993 shares of publicly traded corporate stock $ 402,186 2016-05-20
    (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) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    The Thiel Foundation
          		Employer identification number

    20-3846597
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. 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) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    The Thiel Foundation
    EIN:
    20-3846597
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting fees 87,027 28,719   0

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    TY 2015 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 2,129 SL 5.000000000000 623 0    
    Docking station 2011-08-04 535 366 SL 5.000000000000 107 0    
    Keyboard 2011-09-13 99 66 SL 5.000000000000 20 0    
    Laser Printer 2011-11-16 130 80 SL 5.000000000000 26 0    
    Laptop 2011-11-16 3,059 2,040 SL 5.000000000000 612 0    
    Apple Macbook Air 2012-03-13 1,699 963 SL 5.000000000000 340 0    
    Docking Station 2012-03-13 311 176 SL 5.000000000000 62 0    
    Apple Macbook Air 2012-03-19 1,499 825 SL 5.000000000000 300 0    
    Macbook pro 2012-08-07 1,499 725 SL 5.000000000000 300 0    
    Dell Monitor 2012-08-20 181 84 SL 5.000000000000 36 0    
    Macbook pro 2013-02-25 1,633 599 SL 5.000000000000 327 0    
    Laptops 2013-04-05 2,121 742 SL 5.000000000000 424 0    
    Monitor 2013-01-18 1,090 418 SL 5.000000000000 218 0    
    Laptops 2014-03-31 1,773 266 SL 5.000000000000 355 0    
    Monitor 2014-05-22 1,090 127 SL 5.000000000000 218 0    
    Laptop 2014-10-14 2,237 108 SL 5.000000000000 447 0    
    Apple Computer 2015-03-20 3,832   SL 3.000000000000 958 0    
    Apple Laptop 2015-05-14 2,475   SL 3.000000000000 550 0    
    Apple Laptop 2015-08-07 4,115   SL 3.000000000000 572 0    
    Monitor 2015-11-20 1,114   SL 3.000000000000 31 0    
    Laptop 2015-12-16 3,021   SL 3.000000000000 0 0    
    Laptop 2015-12-18 3,479   SL 3.000000000000 0 0    
    Laptop 2015-12-18 2,177   SL 3.000000000000 0 0    

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    TY 2015 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
    Adam Munich 2705 Ridge Road
    Berkeley,CA94709     		2015-12-04 100,000 20u20 Fellowship Grant. The grant was awarded in 2014. The amount expended was the amount distributed in 2015. $20,833.46 is recorded as payable to be distributed in 2016. 50,000 No. 11/10/2015 2015-11-10 Grant was in compliance.
    Adithya Chandrasekaran Ganesh 629 Ashley Place
    Murphy,TX75094     		2015-12-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2014. The amount expended was the amount distributed in 2015. $20,833.46 is recorded as payable to be distributed in 2016. 50,000 No. 10/16/2015 2015-10-16 Grant was in compliance.
    Alex Koren 132A Langton Street
    San Francisco,CA94103     		2015-12-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2014. The amount expended was the amount distributed in 2015. $20,833.46 is recorded as payable to be distributed in 2016. 50,000 No. 11/1/2015 2015-11-01 Grant was in compliance.
    Andrew Brackin 139 Magnolia Ave
    Milbrae,CA94030     		2015-05-04 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2015. $0 is recorded as payable to be distributed in 2016. 20,833 No. 8/10/2015 2015-08-10 Grant was in compliance.
    Ari Weinstein 2211 Mission St Unit B
    San Francisco,CA94110     		2015-12-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2014. The amount expended was the amount distributed in 2015. $20,833.46 is recorded as payable to be distributed in 2016. 50,000 No. 12/2/2015 2015-12-02 Grant was in compliance.
    Austin K Russel 91979 Port Trinity Cir
    Newport Beach,CA92660     		2015-12-11 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2015. $0 is recorded as payable to be distributed in 2016. 66,111 No. 7/8/2015 2015-07-08 Grant was in compliance.
    Benjamin Englard 20350 W Country Club Dr 4-110
    Aventura,FL33180     		2015-12-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2014. The amount expended was the amount distributed in 2015. $20,833.46 is recorded as payable to be distributed in 2016. 50,000 No. 10/16/2015 2015-10-16 Grant was in compliance.
    Benoit Chantre 42 RUE Diderot
    Montreuil,Pas-de-Calais  
    FR     		2015-02-10 80,000 Imitatio Grant. Grant spent on writing, teaching, and preparing for publications and works concerning mimetic theory. 80,000 No. 1/28/2016 2016-01-28 Grant was in compliance.
    Caroline Beckman 1021 N Doheny Drive 4
    West Hollywood,CA90069     		2015-12-16 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $62,500.00 is recorded as payable to be distributed in 2016. 37,500 No. 12/17/2015 2015-12-17 Grant was in compliance.
    Catherine Ray 5820 Merriewood Drive
    Oakland,CA94611     		2015-12-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2014. The amount expended was the amount distributed in 2015. $16,666.80 is recorded as payable to be distributed in 2016. 58,667 No. 11/3/2015 2015-11-03 Grant was in compliance.
    Cathy Tie 928 Mississauga Heights
    Mississauga,OntarioL5C 1A6
    CA     		2015-12-16 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $62,500.00 is recorded as payable to be distributed in 2016. 37,500 No. 12/22/2015 2015-12-22 Grant was in compliance.
    Christopher T Walker 4302 Stanford St
    Chery Chase,MD20815     		2015-05-04 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2015. $0.16 is recorded as payable to be distributed in 2016. 20,833 No. 4/7/2015 2015-04-07 Grant was in compliance.
    Conrad Kramer 2211 Mission St Unit B
    San Francisco,CA94110     		2015-12-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2014. The amount expended was the amount distributed in 2015. $20,833.46 is recorded as payable to be distributed in 2016. 50,000 No. 12/2/2015 2015-12-02 Grant was in compliance.
    Darren Lim Bukit Batok E Ave 3 Blk 287 23-403
    Singapore,Singapore  
    SI     		2015-03-03 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2015. $16,666.00 is recorded as payable to be distributed in 2016. 12,500 No. 5/11/2015 2015-05-11 Grant was in compliance.
    Delian Asparouhov 1864 Fell Street
    San Francisco,CA94117     		2015-05-04 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2015. $0 is recorded as payable to be distributed in 2016. 20,833 No. 5/11/2015 2015-05-11 Grant was in compliance.
    Eliana Lorch 1150 Masonic Ave
    San Francisco,CA94117     		2015-12-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2014. The amount expended was the amount distributed in 2015. $37,500.10 is recorded as payable to be distributed in 2016. 50,000 No. 11/2/2015 2015-11-02 Grant was in compliance.
    Fouad Matin 2211 Mission St Unit B
    San Francisco,CA94110     		2015-12-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2014. The amount expended was the amount distributed in 2015. $20,833.46 is recorded as payable to be distributed in 2016. 50,000 No. 10/30/2015 2015-10-30 Grant was in compliance.
    Gary Le 5 Lucha Court
    East Brunswick,NJ08816     		2015-03-03 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2015. $8333.48 is recorded as payable to be distributed in 2016. 12,500 No. 3/2/2015 2015-03-02 Grant was in compliance.
    George Matus 1578 Bowden Circle
    Salt Lake City,UT84117     		2015-12-16 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $62,500.00 is recorded as payable to be distributed in 2016. 37,500 No. 11/12/2015 2015-11-12 Grant was in compliance.
    Grace Gee 10495 NE 4th Street Apt N208
    Bellevue,WA98004     		2015-12-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2014. The amount expended was the amount distributed in 2015. $50,000.08 is recorded as payable to be distributed in 2016. 45,833 No. 9/30/2015 2015-09-30 Grant was in compliance.
    Harry Gandhi 151 Charles St W Suite 199
    Kitchener,OntatioN2G1H6
    CA     		2015-07-10 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $50,000.00 is recorded as payable to be distributed in 2016. 50,000 No. 12/9/2015 2015-12-09 Grant was in compliance.
    Ishaan Gulrajani 1864 Fell Street
    San Francisco,CA94117     		2015-07-06 100,000 20u20 Fellowship Grant. The grant was awarded in 2014. The amount expended was the amount distributed in 2015. $41,666.76 is recorded as payable to be distributed in 2016. 29,167 No. 6/7/2015 2015-06-07 Grant was in compliance.
    James Alison Av Dr Vieira de Carvalho 141 108
    Sao Paulo SP,Sao Paulo  
    BR     		2015-12-18 85,000 Imitatio Grant. Grant spent on writing, teaching, and preparing for publications and works concerning mimetic theory. 98,000 No. 3/1/2016 2016-03-01 Grant was in compliance.
    James Schuler 483 Bedford Road
    Armonk,NY10504     		2015-04-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2015. $4166.50 is recorded as payable to be distributed in 2016. 20,833 No. 2/5/2015 2015-02-05 Grant was in compliance.
    Jarred Sumner 1069 Oakhill Road
    Lafayette,CA94549     		2015-08-31 100,000 20u20 Fellowship Grant. The grant was awarded in 2014. The amount expended was the amount distributed in 2015. $34,133.42 is recorded as payable to be distributed in 2016. 28,830 No. 8/13/2015 2015-08-13 Grant was in compliance.
    Jason Marmon 3 Hunting Trail
    Armonk,NY10504     		2015-12-16 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $62,500.00 is recorded as payable to be distributed in 2016. 37,500 No. 12/28/2015 2015-12-28 Grant was in compliance.
    Jean Pierre Dupuy 2 square de Port Royal
    Paris,Ile de France  
    FR     		2015-02-25 40,000 Imitatio Grant. Grant spent on writing, teaching, and preparing for publications and works concerning mimetic theory. 40,000 No. 2/12/2016 2016-02-12 Grant was in compliance.
    Jeremy Cai 400 Clementina St Apt 107
    San Francisco,CA94107     		2015-12-16 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $50,000.00 is recorded as payable to be distributed in 2016. 50,000 No. 12/4/2015 2015-12-04 Grant was in compliance.
    Jihad El Kawass 255 king street apt 326
    San Francisco,CA94107     		2015-11-03 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $62,500.00 is recorded as payable to be distributed in 2016. 37,500 No. 12/10/2015 2015-12-10 Grant was in compliance.
    John Backus 321 Geary Way Mountain View
    Mountain View,CA94041     		2015-12-16 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $50,000.00 is recorded as payable to be distributed in 2016. 50,000 No. 12/7/2015 2015-12-07 Grant was in compliance.
    John Meyer 85 Broad Street Fresco News Floor
    17
    New York,NY10004     		2015-12-16 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $50,000.00 is recorded as payable to be distributed in 2016. 50,000 No. 11/20/2015 2015-11-20 Grant was in compliance.
    Josh Buckley 900 Folsom Street 129
    San Francisco,CA94107     		2015-12-16 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $50,000.00 is recorded as payable to be distributed in 2016. 37,500 No. 12/2/2015 2015-12-02 Grant was in compliance.
    Kaushik Tiwari 97/5 Krishna Nagar Safdarjung
    Enclave
    New Delhi,New Delhi  
    IN     		2015-08-03 100,000 20u20 Fellowship Grant. The grant was awarded in 2014. The amount expended was the amount distributed in 2015. $37,500.10 is recorded as payable to be distributed in 2016. 33,333 No. 7/2/2015 2015-07-02 Grant was in compliance.
    Kevin Wang 555 Ygnacio Valley Road
    Walnut Creek,CA94596     		2015-08-21 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2015. $0 is recorded as payable to be distributed in 2016. 37,500 No. 8/20/2015 2015-08-20 Grant was in compliance.
    Kieran O'Reilly 2 Mint Plaza 903
    San Francisco,CA94103     		2015-12-16 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $50,000.00 is recorded as payable to be distributed in 2016. 50,000 No. 11/17/2015 2015-11-17 Grant was in compliance.
    Kristin Dombek 100 Kent Street Apt 1R
    Brooklyn,NY11222     		2015-01-21 5,000 Imitatio Grant. Grant spent on writing, teaching, and preparing for publications and works concerning mimetic theory. 5,000 No. 8/8/2016 2016-08-08 Grant was in compliance.
    Laura T Ball 714 Honey Creek Pkwy
    Wauwatosa,WI52313     		2015-07-06 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2015. $0.16 is recorded as payable to be distributed in 2016. 29,167 No. 6/4/2015 2015-06-04 Grant was in compliance.
    Liam Horne 67 Cottonwood Crescent
    Cambridge,OntarioN1T2J1
    CA     		2015-12-16 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $50,000.00 is recorded as payable to be distributed in 2016. 37,500 No. 12/1/2015 2015-12-01 Grant was in compliance.
    Lucy Guo 1233 Via Di Salerno
    Pleasanton,CA94566     		2015-04-30 100,000 20u20 Fellowship Grant. The grant was awarded in 2014. The amount expended was the amount distributed in 2015. $0 is recorded as payable to be distributed in 2016. 11,111 No. 5/9/2016 2016-05-09 Grant was in compliance.
    Madison Thea Maxey 311 Troutman St Unit 1L
    Brooklyn,NY11237     		2015-05-04 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2015. $0 is recorded as payable to be distributed in 2016. 16,666 No. 4/8/2015 2015-04-08 Grant was in compliance.
    Mark Anspach Interno 6 Via Goito 8
    Bologna,Bologna  
    IT     		2015-08-10 55,000 Imitatio Grant. Grant spent on writing, teaching, and preparing for publications and works concerning mimetic theory. 55,000 No. 1/26/2016 2016-01-26 Grant was in compliance.
    Mark Daniel 2130 Post St 303
    San Francisco,CA94115     		2015-06-03 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2015. $0 is recorded as payable to be distributed in 2016. 17,130 No. 6/2/2015 2015-06-02 Grant was in compliance.
    Martin Dimov Stoyanov 8 Vasil Aprilov Street
    Novi Pazar,Shumen  
    BU     		2015-08-04 100,000 20u20 Fellowship Grant. The grant was awarded in 2014. The amount expended was the amount distributed in 2015. $37,500.00 is recorded as payable to be distributed in 2016. 33,333 No. 10/6/2015 2015-10-06 Grant was in compliance.
    Max Lock 5144 SW Hewett Blvd
    Portland,OR97221     		2015-12-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $42,391.40 is recorded as payable to be distributed in 2016. 57,609 No. 12/22/2015 2015-12-22 Grant was in compliance.
    MC McGrath 1522 9th St
    Oakland,CA94607     		2015-12-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2014. The amount expended was the amount distributed in 2015. $16,666.80 is recorded as payable to be distributed in 2016. 50,000 No. 10/30/2015 2015-10-30 Grant was in compliance.
    Nelson Zhang 2525 Le Conte Ave Apt 7
    Berkeley,CA94709     		2015-06-03 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2015. $0 is recorded as payable to be distributed in 2016. 25,000 No. 6/1/2015 2015-06-01 Grant was in compliance.
    Nicklaus Liow 8728 SW Marine Drive Suite 106
    Vancouver,British ColumbiaV6P6A4
    CA     		2015-05-04 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2015. $0 is recorded as payable to be distributed in 2016. 20,833 No. 5/1/2015 2015-05-01 Grant was in compliance.
    Olenka Polak 421 Ocean Front Walk 102
    Venice,CA90201     		2015-12-16 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $50,000.00 is recorded as payable to be distributed in 2016. 50,000 No. 11/13/2015 2015-11-13 Grant was in compliance.
    Patrick M Coughran 692 De Haro St Suite A
    San Francisco,CA94107     		2015-12-16 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $50,000.00 is recorded as payable to be distributed in 2016. 50,000 No. 11/23/2015 2015-11-23 Grant was in compliance.
    Pedro Sette Camara e Silva Rua Hilario de Gouveia 126/202
    Rio de Janeiro,Rio de Janeiro  
    BR     		2015-12-21 9,000 Imitatio Grant. Grant spent on writing, teaching, and preparing for publications and works concerning mimetic theory. 9,000 No. 2/18/2016 2016-02-18 Grant was in compliance.
    Presley Ocean Pleasant 151 Mott Street Apt 11
    New York,NY10013     		2015-12-16 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $62,500.00 is recorded as payable to be distributed in 2016. 37,500 No. 12/29/2015 2015-12-29 Grant was in compliance.
    Rebecca Dawn Jolitz 22570 Citation Dr
    Lost Gatos,CA95033     		2015-12-01 100,000 2020u20 Fellowship Grant. The grant was awarded in 2014. The amount expended was the amount distributed in 2015. $20,833.46 is recorded as payable to be distributed in 2016. 50,000 No. 11/1/2015 2015-11-01 Grant was in compliance.
    Riley Ennis 8027 Georgetown Pike
    Mc Lean,VA22102     		2015-08-04 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2015. $0 is recorded as payable to be distributed in 2016. 33,333 No. 7/4/2015 2015-07-04 Grant was in compliance.
    Riley Susan Drake 800 Haterleigh Road
    Baltimore,MD21212     		2015-05-04 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2015. $0 is recorded as payable to be distributed in 2016. 20,833 No. 1/1/2015 2015-01-01 Grant was in compliance.
    Ritesh Agarwal 310 Arcon Retreat Patia Square
    Bhubanes Hwar,Orissa  
    IN     		2015-05-28 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2015. $0 is recorded as payable to be distributed in 2016. 17,708 No. 5/27/2015 2015-05-27 Grant was in compliance.
    Rory O'Reilly 2 Mint Plaza 903
    San Francisco,CA94103     		2015-12-16 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $50,000.00 is recorded as payable to be distributed in 2016. 50,000 No. 11/17/2015 2015-11-17 Grant was in compliance.
    Shantanu Bala 7280 W Electra Lane
    Peoria,AZ85383     		2015-12-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2014. The amount expended was the amount distributed in 2015. $41,666.76 is recorded as payable to be distributed in 2016. 50,000 No. 6/30/2015 2015-06-30 Grant was in compliance.
    Sheelah Hidden 7 Little Mountain Road
    North Salem,NY10560     		2015-04-01 11,325 Imitatio Grant. Grant spent on writing, teaching, and preparing for publications and works concerning mimetic theory. 11,325 No. 8/8/2016 2016-08-08 Grant was in compliance.
    Simon Simonse PO box 94
    Nairobi,Kenya621
    KE     		2015-06-03 5,000 Imitatio Grant. Grant spent on writing, teaching, and preparing for publications and works concerning mimetic theory. 5,000 No. 2/18/2016 2016-02-18 Grant was in compliance.
    Simon Tian 8760 Saguenay Avenue
    Brossard,QuebecJ4X 1P4
    CA     		2015-12-16 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $62,500.00 is recorded as payable to be distributed in 2016. 37,500 No. 11/19/2015 2015-11-19 Grant was in compliance.
    Stacey Ferriera 2143 Pacific Ave 1
    San Francisco,CA94115     		2015-12-16 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $62,500.00 is recorded as payable to be distributed in 2016. 37,500 No. 12/15/2015 2015-12-15 Grant was in compliance.
    Thomas Arthur Hunt 13435 Ward Way Street
    Saratoga,CA95070     		2015-12-01 100,000 20u20 Fellowship Grant. The grant was awarded in 2014. The amount expended was the amount distributed in 2015. $20,833.46 is recorded as payable to be distributed in 2016. 50,000 No. 10/30/2015 2015-10-30 Grant was in compliance.
    Thomas R Sohmers 216 Park Lane
    Atherton,CA94027     		2015-05-04 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2015. $0 is recorded as payable to be distributed in 2016. 16,667 No. 5/5/2015 2015-05-05 Grant was in compliance.
    Vanessa J Avery 401 Commons Park South unit 951
    Stamford,CT06902     		2015-01-06 7,500 Imitatio Grant. Grant spent on writing, teaching, and preparing for publications and works concerning mimetic theory. 7,500 No. 8/8/2016 2016-08-08 Grant was in compliance.
    Vitalik Buterin 347 Deloraine Ave
    Toronto,OntarioM5M2B7
    CA     		2015-11-03 100,000 20u20 Fellowship Grant. The grant was awarded in 2014. The amount expended was the amount distributed in 2015. $29,166.78 is recorded as payable to be distributed in 2016. 41,667 No. 8/31/2015 2015-08-31 Grant was in compliance.
    William C LeGate 660 Gunby Road
    Marietta,GA30067     		2015-06-07 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2015. $0 is recorded as payable to be distributed in 2016. 25,000 No. 9/2/2015 2015-09-02 Grant was in compliance.
    William Johnsen 1042 Lakeside Drive SE
    East Grand Rapids,MI49506     		2015-01-21 40,000 Imitatio Grant. Grant spent on writing, teaching, and preparing for publications and works concerning mimetic theory. 40,000 No. 1/2/2016 2016-01-02 Grant was in compliance.
    Xinyi Chen 4072 First Center
    Princeton,NJ08544     		2015-06-07 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2015. $0 is recorded as payable to be distributed in 2016. 34,876 No. 6/8/2015 2015-06-08 Grant was in compliance.
    Zachary Hamed 3 Camille Lane
    Holbrook,NY11741     		2015-03-03 100,000 20u20 Fellowship Grant. The grant was awarded in 2013. The amount expended was the amount distributed in 2015. $33,333.44 is recorded as payable to be distributed in 2016. 12,500 No. 3/1/2015 2015-03-01 Grant was in compliance.
    Zachary Latta 4080 18th Street
    San Francisco,CA94114     		2015-12-16 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $62,500.00 is recorded as payable to be distributed in 2016. 37,500 No. 11/18/2015 2015-11-18 Grant was in compliance.
    Zoli Kahan 542 Brannan St Apt 412
    San Francisco,CA94107     		2015-12-16 100,000 20u20 Fellowship Grant. The grant was awarded in 2015. The amount expended was the amount distributed in 2015. $62,500.00 is recorded as payable to be distributed in 2016. 37,500 No. 12/22/2015 2015-12-22 Grant was in compliance.
    C2 Sense Inc
          		735 Concord Ave
    Cambridge,MA02138     		2015-07-22 350,000 Breakout Labs Grant. 350,000 No. 1/30/16, 10/30/2015 2016-01-30 Grant was in compliance.
    Cytegen Corp
          		4230 N Oakland Ave
    Shorewood,WI53211     		2015-08-17 350,000 Breakout Labs Grant. 200,000 No. 4/20/16, 6/30/16 2016-06-30 Grant was in compliance.
    E3X Bio Inc
          		4 Whitney Court
    Menlo Park,CA94025     		2015-03-09 350,000 Breakout Labs Grant. 150,000 No. 8/31/15, 7/30/15, 3/31/15,1/31/15 2015-08-31 Grant was in compliance.
    Helen Whitney Productions LLC
          		59 Bank Street Apt 6
    New York,NY10014     		2015-01-14 350,000 Thiel Foundation General Grant 350,000 No. 8/1/2016 2016-08-01 Grant was in compliance.
    Ion DX Inc
          		55 Rainbow Cir
    Danville,CA94506     		2015-03-02 350,000 Breakout Labs Grant. 350,000 No. 1/31/16, 7/30/2015 2016-01-31 Grant was in compliance.
    Maxterial Inc
          		2600 Hilltop Drive Bldg B room C231
    Richmond,CA94806     		2015-09-14 350,000 Breakout Labs Grant. 185,000 No. 1/30/2016 2016-01-30 Grant was in compliance.
    Nano Griptech
          		91 43rd St STE 200
    Pittsburgh,PA15201     		2015-09-08 350,000 Breakout Labs Grant. 350,000 No. 1/30/2016 2016-01-30 Grant was in compliance.
    Neumitra Inc
          		665 Boylston St floor 4
    Boston,MA02116     		2015-01-28 350,000 Breakout Labs Grant. 385,000 No. 5/19/2016 2016-05-19 Grant was in compliance.
    Simon Fraser University
          		515 West Hastings Street ACT Room
    3598
    Vancouver,British ColumbiaV6B5K3
    CA     		2015-01-20 5,000 Imitatio Grant. Grant spent on writing, teaching, and preparing for publications and works concerning mimetic theory. 5,000 No. 8/8/2016 2016-08-08 Grant was in compliance.
    University of Western Sydney
          		Londonderry Road
    Richmond,New South Wales2753
    AS     		2015-01-21 12,000 Imitatio Grant. Grant spent on writing, teaching, and preparing for publications and works concerning mimetic theory. 12,000 No. 8/8/2016 2016-08-08 Grant was in compliance.

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    The Thiel Foundation
    EIN:
    20-3846597
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Mutual Funds and Corporate Stock 13,596,795 13,596,795

    TY 2015 InvestmentsOtherSchedule2
    Name:
    The Thiel Foundation
    EIN:
    20-3846597
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Other Investments FMV 1,665,000 1,665,000

    TY 2015 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 2,752 364 364
    Docking station 535 473 62 62
    Keyboard 99 86 13 13
    Laser Printer 130 106 24 24
    Laptop 3,059 2,652 407 407
    Apple Macbook Air 1,699 1,303 396 396
    Docking Station 311 238 73 73
    Apple Macbook Air 1,499 1,125 374 374
    Macbook pro 1,499 1,025 474 474
    Dell Monitor 181 120 61 61
    Macbook pro 1,633 926 707 707
    Laptops 2,121 1,166 955 955
    Monitor 1,090 636 454 454
    Laptops 1,773 621 1,152 1,152
    Monitor 1,090 345 745 745
    Laptop 2,237 555 1,682 1,682
    Apple Computer 3,832 958 2,874 2,874
    Apple Laptop 2,475 550 1,925 1,925
    Apple Laptop 4,115 572 3,543 3,543
    Monitor 1,114 31 1,083 1,083
    Laptop 3,021 0 3,021 3,021
    Laptop 3,479 0 3,479 3,479
    Laptop 2,177 0 2,177 2,177


    TY 2015 LegalFeesSchedule
    Name:
    The Thiel Foundation
    EIN:
    20-3846597
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal fees 158,760 0   102,766


    TY 2015 OtherDecreasesSchedule
    Name:
    The Thiel Foundation
    EIN:
    20-3846597
    Description Amount
    Unrealized gains on investments 2,704,089


    TY 2015 OtherExpensesSchedule
    Name:
    The Thiel Foundation
    EIN:
    20-3846597
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Hosted events 488,712 0   483,199
    Communications & PR 327,846 0   252,024
    Bank service charges 397 0   89
    Equipment 24,856 0   22,944
    Contract labor 159,785 0   156,119
    Dues and subscriptions 7,183 0   4,845
    Honorariums 28,000 0   28,000
    Miscellaneous 14,016 0   4,861
    Office supplies 1,984 0   1,396
    Postage and delivery 2,806 0   2,716
    Program support services 7,680 0   7,680
    Telephone 14,660 0   1,622
    Reference materials 7,043 0   6,813
    Meal and entertainment 132,957 0   127,827
    Recruitment 16,556 0   16,556


    TY 2015 OtherIncomeSchedule2
    Name:
    The Thiel Foundation
    EIN:
    20-3846597
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Program fees 8,709   8,709
    Miscellaneous income 377   377


    TY 2015 OtherLiabilitiesSchedule
    Name:
    The Thiel Foundation
    EIN:
    20-3846597
    Description Beginning of Year - Book Value End of Year - Book Value
    Deferred taxes 185,000 0


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    The Thiel Foundation
    EIN:
    20-3846597
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Consulting fees 265,798 0   264,413
    Translation fees 59,833 0   59,833
    Other 167,115 0   167,315
    Payroll service fees 5,041 0   0


    TY 2015 TaxesSchedule
    Name:
    The Thiel Foundation
    EIN:
    20-3846597
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Payroll tax 59,908 0   27,770
    Excise tax 57,630 0   0
    Other taxes 220 0   0