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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
WALTER AND ELISE HAAS FUND
 
% ARGONAUT SECURITIES COMPANY
Number and street (or P.O. box number if mail is not delivered to street address)ONE LOMBARD STREET Suite STE 305
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN FRANCISCO, CA94111
A Employer identification number

94-6068564
B Telephone number (see instructions)

(415) 398-4474
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... 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$212,440,896J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 536,868 536,868 0
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 15,132,351
b Gross sales price for all assets on line 6a 38,657,935
7 Capital gain net income (from Part IV, line 2)... 15,132,351
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 -18,318,251 -3,763 0
12 Total. Add lines 1 through 11........ -2,649,032 15,665,456 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 223,000 0 0 223,000
14 Other employee salaries and wages...... 1,018,157 0 0 1,018,157
15 Pension plans, employee benefits....... 465,672 0 0 465,672
16a Legal fees (attach schedule)......... Click to see attachment 5,186 2,593 0 2,593
b Accounting fees (attach schedule)....... Click to see attachment 282,969 187,764 0 105,454
c Other professional fees (attach schedule).... Click to see attachment 903,758 903,758 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 181,873 0 0 775
19 Depreciation (attach schedule) and depletion... Click to see attachment 76,001 0 0
20 Occupancy.............. 169,095 0 0 165,485
21 Travel, conferences, and meetings....... 30,396 0 0 30,396
22 Printing and publications.......... 11,695 0 0 11,695
23 Other expenses (attach schedule)....... Click to see list of attachments 408,894 0 0 408,894
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,776,696 1,094,115 0 2,432,121
25 Contributions, gifts, grants paid....... 12,127,647 12,127,647
26 Total expenses and disbursements. Add lines 24 and 25 15,904,343 1,094,115 0 14,559,768
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -18,553,375
b Net investment income (if negative, enter -0-) 14,571,341
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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............. 1,000 1,000 1,000
2 Savings and temporary cash investments......... 2,443,825 1,647,019 1,647,019
3 Accounts receivable bullet2,616,076
Less: allowance for doubtful accounts bullet   2,812,729 2,616,076 2,616,076
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.......... 0 0 0
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 43,386,644 Click to see attachment13,050,615 13,050,615
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).......... 182,273,247 Click to see attachment194,259,699 194,259,699
14 Land, buildings, and equipment: basis bullet757,275
Less: accumulated depreciation (attach schedule) bullet152,234 681,042 Click to see attachment605,041 605,041
15 Other assets (describe bullet) Click to see attachment43,141 Click to see attachment261,446 Click to see attachment261,446
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 231,641,628 212,440,896 212,440,896
Liabilities 17 Accounts payable and accrued expenses.......... 512,382 464,955
18 Grants payable................. 0 0
19 Deferred revenue................. 299,534 302,557
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 attachment843,927 Click to see attachment240,974
23 Total liabilities (add lines 17 through 22)......... 1,655,843 1,008,486
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 229,985,785 211,432,410
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here 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)..... 229,985,785 211,432,410
31 Total liabilities and net assets/fund balances (see instructions). 231,641,628 212,440,896
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
229,985,785
2
Enter amount from Part I, line 27a .....................
2
-18,553,375
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
211,432,410
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
211,432,410
Form 990-PF (2018)
Form 990-PF (2018)
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 ENDOWN PRIV EQ PARTNERS IV 06-1563330 P    
b ENDOWN VENTURE PARTNERS V 06-1563332 P    
c CF CAP PRIV EQ PRTNERS VI 16-1720029 P    
d CF CAP PRIV EQ PRTNERS VII 20-8306306      
e CF CAP PRIV EQ PRTNERS VIII 11-3814030 P    
CF CAP INTERN PARTNERS V 16-1720038 P    
CF CAP INTERN PARTNERS VI 20-8306365 P    
FARALLON CAP INST PARTNERS 94-3106323 P    
HIGHFIELDS CAPITAL IV 11-3841276 P    
LEGACY VENTURE II 94-3395329 P    
LEGACY VENTURE III 20-1863080 P    
LEGACY VENTURE IV 20-4468805 P    
LEGACY VENTURE V (QP) 26-3913174 P    
LEGACY VENTURE VI (QP) 45-1140886 P    
LONE STAR FUND IV 75-2935380 P    
LONE STAR FUND V 20-1495165 P    
LONE STAR FUND VI 74-3242428 P    
LONE STAR FUND VII 30-0567940 P    
LONE STAR US INVESTMENTS 26-3427486 P    
LONE STAR REAL ESTATE FUND 74-3242429 P    
LONE STAR REAL ESTATE II FUND 30-0567961 P    
LONE STAR EUROPE HOLDINGS 68-0676944 P    
MREP GLOBAL II 26-2214434 P    
OZ OVERSEAS FUND (FOREIGN) P    
PARK ST CAP NR FUND II 20-1195774 P    
PARK ST CAP NR FUND III 20-5033090 P    
PARK STREET CAPITAL II AIV 20-1936702 P    
PARK STREET CAPITAL II AIV II 20-8068512 P    
PARK STREET CAPITAL NRF III INV CORP 26-0438715 P    
PARK STREET CAPITAL V 45-3001979 P    
THE TIFF KEYSTONE FUND 76-0847743 P    
TIFF MULTI-ASSET FUND 54-1743469(PDF STMT D-2) P    
NT-MUTUAL FUNDS 26-27635 (PDF STMT D-1) P    
(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       88,329
b       3,466
c       64,856
d       470,340
e       355,408
      6,808
      258,458
      -130,692
      354
      380,092
      49,583
      107,726
      141,156
      247,554
      -23,111
      -36,020
      -117,261
      -683
      -60,018
      -2,695
      -25,140
      211
      73,672
      -19,653
      454,490
      159,033
      261
      -20,639
      312
      151,250
      10,481,627
9,367,719   10,645,412 -1,277,693
29,290,216   25,939,246 3,350,970
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a        
b        
c        
d        
e        
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
      -1,277,693
      3,350,970
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 15,132,351
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))
2017 13,985,105 218,745,057 0.063933
2016 14,104,488 212,031,407 0.066521
2015 14,680,984 221,515,586 0.066275
2014 14,312,507 227,456,117 0.062924
2013 13,956,545 210,838,761 0.066195
2
Total of line 1, column (d) .....................
2
0.325848
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.06517
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
217,977,403
5
Multiply line 4 by line 3......................
5
14,205,587
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
145,713
7
Add lines 5 and 6........................
7
14,351,300
8
Enter qualifying distributions from Part XII, line 4,.............
8
14,559,768
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 (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 145,713
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  
3 Add lines 1 and 2........................... 3 145,713
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 145,713
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 318,202
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 318,202
8 Enter any penalty for underpayment of estimated tax. Check here 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 10 172,489
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet172,489 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see list of attachments....................
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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 changesClick to see list of attachments....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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.Click to see list of attachments
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
    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 2018 or the taxable year beginning in 2018? See the 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 (2018)
    Form 990-PF (2018)
    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.haassr.org
    14
    The books are in care ofbulletARGONAUT SECURITIES COMPANY Telephone no.bullet (415) 501-4885

    Located atbullet1155 BATTERY STREETSAN FRANCISCOCA ZIP+4bullet94111
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. 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
     
    No
    ........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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    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:
    Yes
    No
    (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
     
     
    .........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).
    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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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 E HAAS JR TRUSTEE/PRESIDENT
    5.0     		0 0 0
    C/O ARGONAUT SECURITIES CO
    1155 BATTERY STREET
    SAN FRANCISCO,CA94111
    CHARLOTTE H PRIME TRUSTEE
    2.0     		0 0 0
    C/O ARGONAUT SECURITIES CO
    1155 BATTERY STREET LS7W
    SAN FRANCISCO,CA94111
    ELIZABETH H EISENHARDT TRUSTEE
    2.0     		0 0 0
    C/O ARGONAUT SECURITIES CO
    1155 BATTERY STREET LS7W
    SAN FRANCISCO,CA94111
    JOHN D GOLDMAN TRUSTEE
    2.0     		0 0 0
    C/O ARGONAUT SECURITIES CO
    1155 BATTERY STREET LS7W
    SAN FRANCISCO,CA94111
    JAMIE ALLISON EXECUTIVE DIR/SECRY/TREASURER
    40.0     		223,000 41,144 0
    C/O ARGONAUT SECURITIES CO
    1155 BATTERY STREET LS7W
    SAN FRANCISCO,CA94111
    JENNIFER C HAAS TRUSTEE
    2.0     		0 0 0
    C/O ARGONAUT SECURITIES CO
    1155 BATTERY STREET LS7W
    SAN FRANCISCO,CA94111
    DANIEL S GOLDMAN TRUSTEE
    2.0     		0 0 0
    C/O ARGONAUT SECURITIES CO
    1155 BATTERY STREET LS7W
    SAN FRANCISCO,CA94111
    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
    ELENA CHAVEZ QUEZADA PROGRAM OFFICER
    40.0     		105,271 30,440 0
    C/O ARGONAUT SECURITIES CO
    SAN FRANCISCO,CA94111
    FRANCES PHILLIPS PROGRAM OFFICER
    40.0     		180,000 47,798 0
    C/O ARGONAUT SECURITIES CO
    SAN FRANCISCO,CA94111
    STEPHANIE RAPP PROGRAM OFFICER
    40.0     		160,000 64,764 0
    C/O ARGONAUT SECURITIES CO
    SAN FRANCISCO,CA94111
    SUSAN KAGEHIRO PROGRAM OFFICER
    40.0     		133,363 26,672 0
    C/O ARGONAUT SECURITIES CO
    SAN FRANCISCO,CA94111
    SARAH O'KANE ADMINSTRATOR
    40.0     		121,500 39,559 0
    C/O ARGONAUT SECURITIES CO
    SAN FRANCISCO,CA94111
    Total number of other employees paid over $50,000...................bullet 4
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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
    ARGONAUT SECURITIES COMPANY ACCOUNTING SERVICES 259,318
    1155 BATTERY STREET LS7W
    SAN FRANCISCO,CA94111
    THE TIFF KEYSTONE FUND LP INVESTMENT ADVISOR 767,114
    170 N RADNOR CHESTER ROADSUITE 30
    RADNOR,PA19087
    Total number of others receiving over $50,000 for professional services.............bullet  
    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 HOSTING MEETINGS OF NONPROFIT LEADERS AND GRANTMAKERS; SERVICE OF FOUNDATION STAFF ON NONPROFIT BOARDS AND ADVISORY COUNCILS; TECHNICAL ASSISTANCE TO ENCOURAGE PHILANTHROPY. 23,170
    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 NONE  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    30,881,829
    b
    Average of monthly cash balances.......................
    1b
    2,148,554
    c
    Fair market value of all other assets (see instructions)................
    1c
    188,266,473
    d
    Total (add lines 1a, b, and c).........................
    1d
    221,296,856
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    221,296,856
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    3,319,453
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    217,977,403
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    10,898,870
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    10,898,870
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    145,713
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    145,713
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    10,753,157
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    10,753,157
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    10,753,157
    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
    14,559,768
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    14,559,768
    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
    145,713
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    14,414,055
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 10,753,157
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:2016, 2015, 2014 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 3,894,903
    b From 2014...... 3,313,378
    c From 2015...... 3,722,288
    d From 2016...... 3,669,050
    e From 2017...... 3,369,903
    fTotal of lines 3a through e........ 17,969,522
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 14,559,768
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 10,753,157
    e Remaining amount distributed out of corpus 3,806,611
    5 Excess distributions carryover applied to 2018.    
    (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 21,776,133
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		3,894,903
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		17,881,230
    10 Analysis of line 9:
    a Excess from 2014.... 3,313,378
    b Excess from 2015.... 3,722,288
    c Excess from 2016.... 3,669,050
    d Excess from 2017.... 3,369,903
    e Excess from 2018.... 3,806,611
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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 foundation 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).)
    NONE
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JAMIE ALLISON
    ONE LOMBARD STREET SUITE 305
    SAN FRANCISCO,CA94111
    (415) 398-4474
    bThe form in which applications should be submitted and information and materials they should include:
    PDF SAMPLE FORM ATTACHED.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    GRANTS PAID DURING YEAR
    PDF GRANTS PAID DURING YEAR
    ONE LOMBARD STREET SUITE 305
    SAN FRANCISCO,CA94111     		    SEE ATTACHED OTHER GRANTMAKING INTERESTS 12,127,647
    Total .................................bullet 3a 12,127,647
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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....     14 536,868  
    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 15,132,351  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aUNREALIZED APPRECIATION (DEPRECIATION)     		    18 -18,858,157  
    bUNRELATED BUSINESS TAXBLE INCOME FROM INVESTMENTS 525990 -59,284      
    cOTHER INCOME FROM INVESTMENT PARTNERSHIPS     18 -3,763  
    dDEFERRED TAX BENEFIT     18 602,953  
    e
    12 Subtotal. Add columns (b), (d), and (e).. -59,284 -2,589,748  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -2,649,032
    (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 (2018)
    Form 990-PF (2018)
    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) (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) (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 (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ARGONAUT SECURITIES COMPANY 246,969 169,764 0 87,454
    OUTSIDE ACCOUNTING SERVICES 36,000 18,000 0 18,000
    ARGONAUT PROCESSING FEES 0 0 0 0

    TY 2018 AllOthProgRltdInvestmentsSch
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Category Amount
    NONE  

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

    TY 2018 AmortizationSchedule
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
    LEASEHOLD IMPROV16 2016-12-31 571,845 57,185 10.0 57,185     114,370
    LEASEHOLD IMPROV17 2017-10-11 138,809 3,470 10.0 13,881     17,351

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

    TY 2018 DepreciationSchedule
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    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
    DESK LAMP SVC 03 2003-02-27 150 150 SL 7        
    TYPEWRITER TBL11 2011-06-15 139 130 M7 7 9      
    HPLASERJETP3015 13 2013-01-14 1,016 914 M5 5 102      
    OPTIPLEX1N2YSW1 13 2013-03-08 1,284 1,156 M5 5 128      
    OPTIPLEX1N2ZSW1 13 2013-03-08 1,284 1,156 M5 5 128      
    TOSHIBA IPEDGE 13 2013-09-23 4,069 3,663 M5 5 406      
    OPTIPLEX1N3XSW1 13 2013-03-08 1,285 1,157 M5 5 128      
    OPTIPLEX1N3YSW1 13 2013-03-08 1,285 1,157 M5 5 128      
    PHONE UPGRADE 14 2014-06-10 223 222 M3 3        
    6 OPTIPLEX 9020 15 2015-01-06 7,683 3,842 M5 5 1,537      
    HP LASERJETM506 15 2015-11-17 954 477 M5 5 191      
    PHONE UPGRD 16 50% 2016-12-31 1,418 426 M5 5 284      
    SHELVING 16 2016-12-31 1,268 272 M7 7 181      
    VIDEO CONFR SYS 17       M5          
    4 LAPTOPS 17 2017-03-31 8,564 856 M5 5 1,713      

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Name of Stock End of Year Book Value End of Year Fair Market Value
    NORTHERN TRUST COMPANY-HAASSR 13,050,615 13,050,615
    (PDF NORTHERN TRUST)    
    TIFF MULTI-ASSET FUND 0 0
    (PDF TIFF MULTI-ASSET)    

    TY 2018 InvestmentsOtherSchedule2
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ENDOWN PRIV EQ IV 06-1563330 FMV 91,502 91,502
    ENDOWN PRIV EQ V 06-1563332 FMV 76,406 76,406
    CF CAP PRIV EQ VI 16-1720029 FMV 397,769 397,769
    CF CAP PRIV EQ VII 20-8306306 FMV 1,879,212 1,879,212
    CF CAP PRIV EQ VIII 11-3814030 FMV 2,203,465 2,203,465
    CF CAP INTERN V 16-1720038 FMV 178,339 178,339
    CF CAP INTERN VI 20-8306365 FMV 955,925 955,925
    FARALLON CAP INST 94-3106323 FMV 1,760,929 1,760,929
    HIGHFIELDS CAP IV 11-3841276 FMV 18,557 18,557
    LEGACY VENTURE II 94-3395329 FMV 0 0
    LEGACY VENTURE III 20-1863080 FMV 1,000,737 1,000,737
    LEGACY VENTURE IV 20-4468805 FMV 2,402,384 2,402,384
    LONE STAR FUND IV 75-2935380 FMV 12,580 12,580
    LONE STAR FUND V 20-1495165 FMV 469,082 469,082
    OZ OVERSEAS FUND LTD (FOREIGN) FMV 28,292 28,292
    PARK ST CAP NRF II 20-11955774 FMV 342,645 342,645
    PARK ST CAP NRF III 20-5033090 FMV 869,355 869,355
    PARK ST CAP NRF II AIV FMV 61,721 61,721
    20-1936702 FMV    
    PARK ST CAP NRF II AIV II FMV 18,958 18,958
    20-8068512 FMV    
    LEGACY VENTUREVI(QP)45-1140886 FMV 5,051,128 5,051,128
    LEGACY VENTURE V(QP)26-3913174 FMV 3,882,114 3,882,114
    LONE STAR FUND VI 74-3242428 FMV 507,239 507,239
    LONE STAR REAL ESTATE FUND FMV 120,343 120,343
    74-3242429 FMV    
    LONE STAR EUROPE HOLDING (US) FMV 187,559 187,559
    68-0676944 FMV    
    LONE STAR US INVESTMENT FMV 283,582 283,582
    26-3427486 FMV    
    MREP GLOBAL II 26-2214434 FMV 132,026 132,026
    PARK STREET CAPITAL NR FUND V FMV 2,167,849 2,167,849
    45-3001979 FMV    
    PARK STREET CAP NRF III INV FMV 14,915 14,915
    CORP 26-0438715 FMV    
    LONE STAR RE II FD 30-0567961 FMV 57,820 57,820
    LONE STAR FUND VII 30-0567940 FMV 8,947 8,947
    TIFF KEYSTONE FUND 76-0847743 FMV 141,453,771 141,453,771
    TIFF CENTERSTONE FUND FMV 27,624,548 27,624,548

    TY 2018 LandEtcSchedule2
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    DESK LAMP SVC 03 150 150    
    TYPEWRITER TBL11 139 139    
    HPLASERJETP3015 13 1,016 1,016    
    OPTIPLEX1N2YSW1 13 1,284 1,284    
    OPTIPLEX1N2ZSW1 13 1,284 1,284    
    TOSHIBA IPEDGE 13 4,069 4,069    
    OPTIPLEX1N3XSW1 13 1,285 1,285    
    OPTIPLEX1N3YSW1 13 1,285 1,285    
    PHONE UPGRADE 14 223 222 1  
    6 OPTIPLEX 9020 15 7,683 5,379 2,304  
    HP LASERJETM506 15 954 668 286  
    PHONE UPGRD 16 50% 1,418 710 708  
    SHELVING 16 1,268 453 815  
    LEASEHOLD IMPROV16 571,845 114,370 457,475  
    VIDEO CONFR SYS 17        
    LEASEHOLD IMPROV17 138,809 17,351 121,458  
    4 LAPTOPS 17 8,564 2,569 5,995  


    TY 2018 LegalFeesSchedule
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 5,186 2,593 0 2,593


    TY 2018 OtherAssetsSchedule
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SECURITY DEPOSIT 29,854 29,854 29,854
    FEDERAL EXCISE TAX OVERPAYMENT 0 146,402 146,402
    PREPAID EXP.-POSTAGE 1,686 951 951
    PREPAID EXP.-SERVICES 11,601 84,239 84,239


    TY 2018 OtherExpensesSchedule
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    COMPUTER TECHNICAL SUPPORT 71,369 0 0 71,369
    PROGRAM CONSULTANTS FEE 101,673 0 0 101,673
    DIRECT CHARITABLE RELATED EXP 23,170 0 0 23,170
    INSURANCE 22,554 0 0 22,554
    MAINTENANCE & REPAIRS 12,378 0 0 12,378
    MISCELLANEOUS 1,183 0 0 1,183
    OFFICE EXHIBITION/INSTALLATION 17,875 0 0 17,875
    PAYROLL SERVICES 4,086 0 0 4,086
    PHONE, VIDEO CONFERENCE & FAX 2,363 0 0 2,363
    POSTAGE, FREIGHT & MESSANGER 419 0 0 419
    PROFESSIONAL DEVELOPMENT 38,177 0 0 38,177
    RENT-DATALOK 516 0 0 516
    SUPPLIES 3,989 0 0 3,989
    TEMPORARY EMPLOYEE EXPENSES        
    SHARED EXPENSES 69,501 0 0 69,501
    CREATIVE WORK FUND EXPENSES 39,641 0 0 39,641
    MOVE/RENOVATION EXPENSES        


    TY 2018 OtherIncomeSchedule2
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ORDINARY INCOME FROM PARTNERSHIPS-      
    ENDOWN PRIV EQ PARTNERS IV 06-1563330 -904 -904 0
    ENDOWN VENTURE PARTNERS V 06-1563332 -159 -159 0
    CF CAP PRIV EQ PRTNRS VI 16-1720029 983 983 0
    CF CAP PRIV EQ PRTNRS VII 20-8306306 11,018 11,018 0
    CF CAP PRIV EQ PRTNRS VIII 11-3814030 -23,728 -23,728 0
    CF CAP INTERN PARTNERS V 16-1720038 668 668 0
    CF CAP INTERN PARTNERS VI 20-8306365 -1,325 -1,325 0
    FARRALLON CAP INST PARTNERS 94-3106323 46,728 46,728 0
    LEGACY VENTURE II 94-3395329 -263,278 -263,278 0
    LEGACY VENTURE III 20-1863080 -790 -790 0
    LEGACY VENTURE IV 20-4468805 -17,901 -17,901 0
    LONE STAR FUND IV 75-2935380 35,749 35,749 0
    LONE STAR FUND V 20-1495165 35,788 35,788 0
    PARK ST CAP NR FUND II 20-1195774 -511,935 -511,935 0
    PARK ST CAP NRF II AIV 20-1936702 9,017 9,017 0
    PARK ST CAP NRF II AIV II 20-8068512 -1,083 -1,083 0
    PARK ST CAP NRF III 20-5033090 -95,114 -95,114 0
    LEGACY VENTURE VI(QP) 45-1140886 -53,906 -53,906 0
    HIGHFIELDS CAPITAL IV 11-3841276 -211,014 -211,014 0
    LEGACY VENTURE V (QP) 26-3913174 -53,142 -53,142 0
    LONE STAR US INVESTMENT 26-3427486 -230 -230 0
    LONE STAR FUND VI 74-3242428 28,288 28,288 0
    LONE STAR REAL ESTATE FUND 74-3242429 5,941 5,941 0
    LONE STAR EUROPE HOLDINGS(US)68-0676944 76,072 76,072 0
    MREP GLOBAL II 26-2214434 -25,401 -25,401 0
    OZ OVERSEAS FUND (FOREIGN) 416 416 0
    LONE STAR FUND VII 30-0567940 -2,550 -2,550 0
    PARK STREET CAPITAL V 45-3001979 -55,499 -55,499 0
    LONE STAR RE II FUND 30-0567961 2,546 2,546 0
    PARK STREET CAP NRF III INVCO26-0438715 -1,043 -1,043 0
    TIFF KEYSTONE FUND 76-0847743 1,002,730 1,002,730 0
    OTHER GAINS (LOSS) 11 11 0
    CHANGES IN UNREALZED APPRECIATION -18,858,157 0 0
    OTHER INCOME      
    LESS:INVESTMENT PARTNERSHIP NET UBTI 0 59,284 0
    FEDERAL DEFERRED TAX BENEFIT 602,953 0 0


    TY 2018 OtherLiabilitiesSchedule
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED FEDERAL EXCISE TAX 829,000 226,047
    SECURITY DEPOSIT-SHARED FACILI 14,927 14,927


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVEST MGMT & CUST FEES-        
    NORTHERN TRUST COMPANY 29,838 29,838 0 0
    LEGACY VEN-REVI(QP)45-1140886 22,500 22,500 0 0
    ENDOWN PRIV EQ IV 06-1563330 399 399 0 0
    ENDOWN VENTURE V 06-1563332 2 2 0 0
    CF CAP PRIV EQ VI 16-1720029 1,629 1,629 0 0
    CF CAP PRIV EQ VII 20-8306306 9,000 9,000 0 0
    CF CAP PRIV EQ VIII11-3814030 7,500 7,500 0 0
    CF CAP INTERN V 16-1720038 740 740 0 0
    CF CAP INTERN VI 20-8306365 9,000 9,000 0 0
    FARALLON CAP INST 94-3106323 16,094 16,094 0 0
    PARKSTCAPIIIINVCORP 26-0438715 102 102 0 0
    LEGACY VENTURE IV 20-4468805 6,000 6,000 0 0
    HIGHFIELDS CAP. IV 11-3841276 120 120 0 0
    LONE STAR FUND V 20-1495165        
    PARK ST CAP NRF II 20-119577 1,313 1,313 0 0
    PARK STREET CAPITALV453001979 15,000 15,000 0 0
    LEGACY VENTURE V(QP)XXX-XX-XXXX 15,000 15,000 0 0
    TIFF KEYSTONE FUND 76-0847743 767,114 767,114 0 0
    LONE STAR FUND VI 74-3242428 62 62 0 0
    LONE STAR REAL ESTATE FUND 319 319 0 0
    74-3242429        
    OZ OVERSEAS FUND (FOREIGN) 8 8 0 0
    LONE STAR FUND VII 30-0567940        
    LONE STAR RE II FD 30-0567961 207 207 0 0
    PARK STREET CAP III XXX-XX-XXXX 1,546 1,546 0 0
    PARK ST CAP IIAIV 20-1936702 180 180 0 0
    PARK ST CAP II AIVII20-806851 85 85 0 0
    LONE STAR EUROPE HOLDING        
    68-0676944        


    TY 2018 TaxesSchedule
    Name:
    WALTER AND ELISE HAAS FUND
    EIN:
    94-6068564
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE (NET DEFERRED) 181,098 0 0 0
    FEDERAL DEFERRED TAX (BENEFIT) 0 0 0 0
    MISC TAXES AND FILING FEES 775 0 0 775