Form990-PF
Click to see list of attachments

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
Akonadi Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)436 14th Street
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Oakland, CA94612
A Employer identification number

94-3329873
B Telephone number (see instructions)

(510) 663-3867
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$31,653,530J Accounting method:
Modified Cash
(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) 4,165,671
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 579,653 579,653  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,118,857
b Gross sales price for all assets on line 6a 18,882,671
7 Capital gain net income (from Part IV, line 2)... 3,918,911
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 -33,306 -21,745  
12 Total. Add lines 1 through 11........ 6,830,875 4,476,819  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 253,559     253,559
14 Other employee salaries and wages...... 502,526     502,526
15 Pension plans, employee benefits....... 136,346     136,346
16a Legal fees (attach schedule)......... Click to see attachment 1,250     1,250
b Accounting fees (attach schedule)....... Click to see attachment 24,810     24,810
c Other professional fees (attach schedule).... Click to see attachment 751,207 273,613   477,594
17 Interest............... 196      
18 Taxes (attach schedule) (see instructions)... Click to see attachment 23,617 20,121   175
19 Depreciation (attach schedule) and depletion... Click to see attachment 2,184    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 115,834     115,834
22 Printing and publications.......... 8,660     8,660
23 Other expenses (attach schedule)....... Click to see list of attachments 213,357 130,000   83,357
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,033,546 423,734   1,604,111
25 Contributions, gifts, grants paid....... 2,262,815 3,217,815
26 Total expenses and disbursements. Add lines 24 and 25 4,296,361 423,734   4,821,926
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,534,514
b Net investment income (if negative, enter -0-) 4,053,085
c Adjusted net income (if negative, enter -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............. 1,348,795 4,495,962 4,495,962
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) bullet225,000
Less: allowance for doubtful accounts bullet   325,000 Click to see attachment225,000 225,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 38,524 49,274 49,274
10a Investments—U.S. and state government obligations (attach schedule) 2,026,052 Click to see attachment2,466,100 2,432,522
b Investments—corporate stock (attach schedule)....... 15,943,898 Click to see attachment13,217,263 14,185,610
c Investments—corporate bonds (attach schedule)....... 4,216,886 Click to see attachment4,639,029 4,558,121
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,212,033 Click to see attachment5,516,385 5,581,867
14 Land, buildings, and equipment: basis bullet23,631
Less: accumulated depreciation (attach schedule) bullet13,577 14,371 Click to see attachment10,054 10,054
15 Other assets (describe bullet) Click to see attachment94,627 Click to see attachment115,120 Click to see attachment115,120
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 29,220,186 30,734,187 31,653,530
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 955,000  
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 attachment47,236 Click to see attachment9,193
23 Total liabilities (add lines 17 through 22)......... 1,002,236 9,193
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.................. 28,217,950 30,724,994
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)..... 28,217,950 30,724,994
31 Total liabilities and net assets/fund balances (see instructions). 29,220,186 30,734,187
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
28,217,950
2
Enter amount from Part I, line 27a .....................
2
2,534,514
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
30,752,464
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
27,470
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
30,724,994
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 Sales of Publicly Traded Securities P 2000-01-01 2018-12-31
b Capital Gain Distributions P 2000-01-01 2018-12-31
c Sales of Donated Stocks P 2000-01-01 2018-12-31
d Realized Gain/Loss from Partnerships P 2000-01-01 2018-12-31
e Cap Gain fr Pshp Reported on 990-T P 2000-01-01 2018-12-31
(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 14,720,638   12,783,143 1,937,495
b 148,515     148,515
c 3,871,814   2,180,617 1,691,197
d 141,561     141,561
e 143     143
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       1,937,495
b       148,515
c       1,691,197
d       141,561
e       143
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,918,911
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 4,567,736 33,993,935 0.13437
2016 3,974,865 24,232,493 0.16403
2015 3,784,418 26,385,415 0.14343
2014 3,175,319 26,866,626 0.11819
2013 1,676,837 23,598,041 0.07106
2
Total of line 1, column (d) .....................
2
0.631073
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
0.126215
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
29,491,231
5
Multiply line 4 by line 3......................
5
3,722,236
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
40,531
7
Add lines 5 and 6........................
7
3,762,767
8
Enter qualifying distributions from Part XII, line 4,.............
8
4,821,926
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 40,531
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 40,531
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 40,531
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 42,533
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 22,500
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 65,033
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 24,502
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet24,502 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see 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 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
 
No
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
    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 addressbulletAkonadi.org
    14
    The books are in care ofbulletQuinn Delaney Telephone no.bullet (510) 663-3867

    Located atbullet436 14th Street Suite 1417OaklandCA ZIP+4bullet94612
    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
     
    No
    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
     
    No
    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
     
    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).
    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
     
    No
    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
    Quinn Delaney Trustee
    25.00     		0    
    436 14th Street Suite 1417
    Oakland,CA94612
    Wayne Jordan Sec/Trustee
    2.00     		0    
    436 14th Street Suite 1417
    Oakland,CA94612
    Lateefah Simon President
    40.00     		242,308 11,251  
    436 14th Street Suite 1417
    Oakland,CA94612
    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
    Regina M Acebo Prog. Assist.
    40.00     		162,606 50,957  
    436 14th Street 1417
    Oakland,CA94612
    Iris C Garcia Prog. Assist.
    40.00     		107,090 32,346  
    436 14th Street 1417
    Oakland,CA94612
    Renee Geesler Prog. Assist.
    40.00     		101,179 26,704  
    436 14th Street 1417
    Oakland,CA94612
    Vanessa T Camarena-Arredondo Prog. Assist.
    40.00     		106,375 31,999  
    436 14th Street 1417
    Oakland,CA94612
    Taylor Griggs Prog. Assist.
    40.00     		67,660 15,867  
    436 14th Street 1417
    Oakland,CA94612
    Total number of other employees paid over $50,000...................bullet  
    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
    Change Consulting Consulting 60,469
    101 Broadway 202
    Oakland,CA94607
    RBC Dain Rauscher Investment Mgmt 273,613
    345 California Street Floor 28
    San Francisco,CA94104
    Robin Templeton Inc Consulting 56,144
    181 Clermont Ave 604
    Brooklyn,NY11205
    Walker and Associates Consulting Consulting 110,357
    901 Harrison Street 1100
    Oakland,CA94612
    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  
    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.........................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
    23,169,812
    b
    Average of monthly cash balances.......................
    1b
    2,337,998
    c
    Fair market value of all other assets (see instructions)................
    1c
    4,432,526
    d
    Total (add lines 1a, b, and c).........................
    1d
    29,940,336
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    29,940,336
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    449,105
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    29,491,231
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,474,562
    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
    1,474,562
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    40,531
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    40,531
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,434,031
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,434,031
    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
    1,434,031
    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
    4,821,926
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    4,821,926
    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
    40,531
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    4,781,395
    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 1,434,031
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 523,472
    b From 2014...... 1,867,122
    c From 2015...... 2,389,310
    d From 2016...... 2,813,082
    e From 2017...... 2,953,369
    fTotal of lines 3a through e........ 10,546,355
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 4,821,926
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 1,434,031
    e Remaining amount distributed out of corpus 3,387,895
    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 13,934,250
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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 ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    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) ...     		523,472
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		13,410,778
    10 Analysis of line 9:
    a Excess from 2014.... 1,867,122
    b Excess from 2015.... 2,389,310
    c Excess from 2016.... 2,813,082
    d Excess from 2017.... 2,953,369
    e Excess from 2018.... 3,387,895
    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).)
    Quinn Delaney
    Wayne Jordan
    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 (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
    See Statement
    See Statement
    See Statement,CA94612     		See Statement PC See Statement 3,217,815
    Total .................................bullet 3a 3,217,815
    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....     14 579,653  
    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 ............     		900099 143 18 2,118,714  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOther Investment Income     		    14 14,070  
    bPartnership Income 900099 44 14 -47,420  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 187 2,665,017  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,665,204
    (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: 18007218
    Software Version: 2018v3.1


    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 Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    Akonadi Foundation
     
    Employer identification number

    94-3329873
    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 isn't covered by the General Rule and/or the Special Rules doesn't 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 doesn't 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) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    Akonadi Foundation
          		Employer identification number
    94-3329873
    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
    The William and Flora Hewlett Found  
    2121 Sand Hill Road
     
    Menlo Park, CA94025

    		$ 185,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    Wayne Jordan and Quinn Delaney  
    436 14th St 1417
     
    Oakland, CA94612

    		$ 3,980,671


    (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) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    Akonadi Foundation
          		Employer identification number

    94-3329873
    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
    2
    		 See Attachment $ 3,980,671 2018-12-06
    (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) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    Akonadi Foundation
          		Employer identification number

    94-3329873
    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) (2018)

    Additional Data


    Software ID: 18007218
    Software Version: 2018v3.1

    TY 2018 AccountingFeesSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Tax Preparation & Audit Fees 24,810 0 0 24,810

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

    TY 2018 DepreciationSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    18007218
    Software Version:
    2018v3.1
    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
    Computer 2015-12-12 13,043 5,589 SL 7.0000 1,863      
    Communications Hardware 2015-04-28 2,250 1,689 SL 7.0000 321      

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICAN EXPRESS CREDIT CORP, 2.2% 44,477 44,516
    MORGAN STANLEY, 2.625% 24,216 24,401
    ROYAL BK CDA, 1.5% 29,710 29,779
    UNITEDHEALTH GROUP INC, 2.7% 45,202 44,839
    CSX CORP, 3.7% 25,605 25,262
    BANK OF NEW YORK MELLON, 3.442% 81,890 82,938
    MEDTRONIC INC SR 3.15% 50,314 49,862
    MERCK & CO INC, 2.4% 34,300 34,208
    ANHEUSERBUSCH, 3.3% 44,893 43,756
    APPLE INC, 3.2% 83,024 82,032
    VERIZON COMMUNICATIONS, 5.15% 43,021 42,574
    PRUDENTIAL FINL INC, 3.5% 15,192 15,082
    J P MORGAN CHASE & CO, 3.9% 45,822 44,592
    LOWES COS INC, 3.375% 25,356 23,724
    NOVARTIS CAPITAL CORP, 3.0% 34,542 33,904
    AT&T INC, 4.125% 21,083 19,544
    CALVERT SOCIAL INVT 1% 199,850 200,000
    CALVERT SOCIAL INVT 1% 774,419 775,000
    CALVERT SOCIAL INVT 1% 64,951 65,000
    NOKIA CORP, 5.375% 66,817 66,083
    CITY NATL CORP, 5.25% 81,607 81,425
    FEDERAL FARM CREDIT BANK, 1.375% 109,890 107,660
    MASCO CORP, 3.5% 83,852 82,612
    CVS HEALTH CORP, 4.1% 34,733 34,651
    EXPRESS SCRIPTS HLDG, 4.75% 83,778 82,290
    KROGER CO, 3.4% 65,955 64,331
    OWENS CORNING INC, 4.2% 82,893 79,430
    BURLINGTON NORTHN, 3.0% 64,084 66,519
    AFLAC INC, 3.625% 85,755 82,272
    HOSPITALITY PPTYS TR, 4.5% 82,850 81,689
    AIR LEASE CORP 3.0% 85,290 79,817
    ZURICH REINS CENTRE HLDGS, 7.125% 87,002 90,448
    NASDAQ OMX GROUP, 4.25% 87,299 83,617
    WELLPOINT INC, 3.5% 86,659 82,393
    UNITED RENTALS NORTH AMER INC, 5.75% 87,968 80,850
    LEVEL 3 FING INC, 5.375% 83,365 75,938
    RAYMOND JAMES FINL, 3.625% 85,448 80,102
    JEFFERIES GROUP LLC, 4.85% 88,494 80,270
    CAPITAL ONE FINL CORP, 3.2% 84,568 82,715
    SEAGATE HDD CAYMAN, 4.875% 86,450 75,533
    CALVERT SOCIAL INVT 1% 158,800 155,925
    BIOGEN INC, 2.9% 82,777 82,382
    GILEAD SCIENCES INC, 4.5% 81,896 82,336
    ARROW ELECTRONICS, 3.5% 99,084 98,656
    CAMPBELL SOUP CO, 3.65% 83,327 81,945
    AMERICAN TOWER CORP, 4.4% 84,098 81,936
    KRAFT HEINZ FOODS, 3.0% 82,473 80,287
    TJX COS INC, 2.25% 83,421 83,471
    TORONTO DOMINION BANK, 2.125% 48,630 48,927
    WESTPAC BANKING CORP, 2.0% 48,145 48,402
    BANK OF NEW YORK MELLON, 3.55% 36,287 35,404
    AMGEN INC, 3.875% 15,231 15,198
    ABBVIE INC, 2.9% 19,507 19,461
    APPLE INC, 2.85% 40,458 39,510
    DEERE JOHN CORP, 2.8% 48,789 48,886
    ENBRIDGE INC, 4.0% 9,921 10,050
    GENERAL MILLS INC, 3.7% 30,024 29,825
    MICROSOFT CORP, 2.7% 67,762 67,893
    US BANCORP, 2.375% 45,457 45,600
    HOME DEPOT INC, 2.8% 46,987 46,929
    ANTHEM INC, 3.65% 33,331 33,440

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACI WORLDWIDE INC , 875 Sh 17,486 24,211
    ADVANCED ENERGY INDUSTRIES INC, 244 Sh 9,711 10,475
    AUTOLIV INC, 165 Sh 13,578 11,588
    BERRY GLOBAL GROUP INC, 609 Sh 28,354 28,946
    BROADRIDGE FINANCIAL SOLUTIONS, 394 Sh 28,216 37,923
    CABLE ONE INC, 21 Sh 15,493 17,222
    COPART INC, 719 Sh 22,249 34,354
    DOLBY LABORATORIES INC, 428 Sh 19,647 26,467
    DUNKIN BRANDS GROUP INC, 392 Sh 19,898 25,135
    EMCOR GROUP INC, 549 Sh 34,719 32,770
    ENTEGRIS INC, 899 Sh 14,767 25,078
    EVERCORE INC, 179 Sh 14,122 12,809
    FORTINET INC, 522 Sh 22,027 36,764
    GRACO INC, 745 Sh 31,989 31,178
    GRUBHUB INC, 152 Sh 6,673 11,675
    GUIDEWIRE SOFTWARE INC, 238 Sh 13,685 19,095
    IAC INTERACTIVECORP, 159 Sh 11,486 29,103
    LIBERTY MEDIA CORPORATION, 515 Sh 18,591 15,811
    LIVE NATION ENTERTAINMENT INC, 614 Sh 25,286 30,240
    MERCADOLIBRE INC, 102 Sh 15,384 29,871
    MIDDLEBY CORP, 170 Sh 19,909 17,464
    NUTANIX INC, 787 Sh 22,520 32,731
    OLD DOMINION FREIGHT LINES INC, 534 Sh 49,417 65,944
    POWER INTEGRATIONS INC, 219 Sh 15,019 13,355
    PRESTIGE CONSUMER HEALTH, 581 Sh 24,047 17,941
    REINSURANCE GROUP OF AMERICA, 210 Sh 26,089 29,448
    SPLUNK INC, 309 Sh 19,878 32,399
    SUPERNUS PHARMACEUTICALS INC, 691 Sh 18,580 22,955
    TOTAL SYSTEM SERVICES INC, 408 Sh 20,349 33,166
    TRACTOR SUPPLY CO, 310 Sh 23,391 25,866
    ULTIMATE SOFTWARE GROUP INC, 109 Sh 24,918 26,691
    UNITED RENTALS INC, 223 Sh 16,710 22,864
    VAIL RESORTS INC, 158 Sh 34,136 33,309
    VEEVA SYSTEMS INC, 124 Sh 6,966 11,076
    WESTERN ALLIANCE, 467 Sh 23,698 18,442
    ACS ACTIVIDADES DE, 6,194 Sh 36,452 47,911
    AERCAP HOLDINGS NV, 1,120 Sh 45,745 44,352
    AIA GROUP LTD, 4,936 Sh 117,333 163,914
    AIR LIQUIDE ADR, 2,941 Sh 57,038 72,922
    AIRBUS SE, 1,986 Sh 29,350 47,654
    ALFA LAVAL AB, 1,425 Sh 22,390 30,482
    ALLIANZ SE, 3,733 Sh 62,655 74,738
    AMBEV S A, 5,609 Sh 26,862 21,987
    ASPEN PHARMACARE HOLDINGS, 1,247 Sh 26,820 11,687
    ATLAS COPCO ABSPONSORED, 1,216 Sh 38,585 28,871
    AXA, 2,651 Sh 59,995 57,148
    AXALTA COATING SYSTEMS LTD, 827 Sh 27,110 19,368
    BAE SYSTEMS PLC, 1,842 Sh 61,022 43,090
    BANCO BILBAO VIZCAYA, 7,601 Sh 55,340 40,209
    CANADIAN NATIONAL RAILWAY, 727 Sh 55,812 53,878
    CARLSBERG AS, 2,837 Sh 52,040 60,201
    CHECK POINT SOFTWARE, 565 Sh 45,578 57,997
    DASSAULT SYSTEMS S A, 379 Sh 25,144 44,928
    DBS GROUP HOLDINGS LTD, 1,261 Sh 61,608 87,669
    DEUTSCHE BOERSE AG, 4,124 Sh 43,807 49,476
    DNB ASA, 2,492 Sh 36,235 39,757
    ESSILOR INTERNATIONAL SA, 865 Sh 50,707 54,607
    FANUC CORPORATION, 5,959 Sh 107,688 90,541
    FRESENIUS MEDICAL CARE AG, 1,165 Sh 44,417 37,734
    GRIFOLS S A, 1,155 Sh 18,979 21,206
    GRUPO FINANCIERO BANORTE, 908 Sh 22,786 22,114
    HDFC BK LTD, 258 Sh 22,742 26,726
    HSBC HOLDINGS PLC, 2,304.87 Sh 90,419 94,753
    ICICI BANK LTD, 2,934 Sh 20,671 30,191
    ICON PLC, 235 Sh 19,247 30,364
    INFINEON TECHNOLOGIES AG, 1,452 Sh 40,442 28,824
    INTESA SANPAOLO SPA, 2,413 Sh 38,793 32,105
    JGC CORP, 710 Sh 28,542 20,022
    JULIUS BAER GROUP LTD, 7,600 Sh 65,725 53,983
    KOMATSU LTD, 979 Sh 26,364 21,107
    KUBOTA CORPORATION, 1,128 Sh 90,207 80,271
    L OREAL COADR, 1,208 Sh 44,652 55,568
    LLOYDS BANKING GROUP PLC, 12,887 Sh 42,903 32,991
    LVMH MOET HENNESSY LOUIS, 589 Sh 21,412 34,770
    MONOTARO CO LTD, 1,600 Sh 11,528 39,637
    NASPERS LIMITED, 1,190 Sh 27,303 47,852
    NESTLE SASPONSORED, 937 Sh 71,099 75,850
    ORANGE, 3,186 Sh 55,299 51,581
    OTSUKA HOLDINGS CO LTD, 2,437 Sh 54,186 49,900
    PARK 24 CO LTD, 907 Sh 25,631 19,948
    ROCHE HOLDING LTD, 4,076 Sh 130,903 125,798
    ROYAL DSM NV, 2,282 Sh 29,114 46,592
    SAP SE, 1,566 Sh 144,992 155,895
    SECOM CO LTD ADR, 2,075 Sh 37,531 43,092
    SEVEN & I HOLDINGS CO LTD, 2,546 Sh 51,832 55,495
    SMITH & NEPHEW P L C, 1,678 Sh 57,381 62,733
    SONOVA HOLDING AG, 938 Sh 24,544 30,563
    SUMITOMO MITSUI FINL GROUP, 7,548 Sh 58,782 49,137
    SYMRISE AG, 1,582 Sh 24,679 29,161
    SYSMEX CORPORATION, 903 Sh 25,117 21,712
    TORAY INDUSTRIES INC, 2,728 Sh 56,141 38,391
    UNILEVER PLC, 826 Sh 35,445 43,159
    WEIBO CORPORATION, 565 Sh 49,403 33,013
    FUCHS PETROLUB SE, 2,849 Sh 32,228 29,296
    ITAU UNIBANCO BANCO HOLDING, 4,600 Sh 21,796 42,044
    NORDSTROM INC, 205 Sh 17,502 24,467
    THERMO FISHER SCIENTIFIC INC, 407 Sh 60,950 91,083
    PAX GLOBAL, 52,370.749 Sh 702,920 699,673
    RBC FDS TR, 64,579.441 Sh 658,232 711,020
    ACTIVISION BLIZZARD, 1,444 Sh 70,460 67,247
    ALEXION PHARMACEUTICALS INC, 873 Sh 104,623 84,995
    ALPHABET INC, 128 Sh 87,850 132,558
    ALPHABET INC, 20 Sh 13,192 20,899
    AMAZON.COM INC, 139 Sh 106,176 208,774
    APPLE INC, 922 Sh 119,477 145,436
    BLACKROCK INC, 179 Sh 87,332 70,315
    CHARLES SCHWAB CORP, 1,394 sh 51,996 57,893
    DEXCOM INC, 863 Sh 44,018 103,387
    FACEBOOK INC, 884 Sh 114,895 115,883
    JACOBS ENGINEERING GROUP, 1,720 Sh 100,284 100,551
    MICROSOFT CORP, 1,690 Sh 93,542 171,653
    NIKE INC, 1,291 Sh 78,707 95,715
    PALO ALTO NETWORKS, 501 Sh 85,326 94,363
    PAYPAL HOLDINGS, 1,472 Sh 58,129 123,780
    PTC INC, 950 Sh 59,458 78,755
    RED HAT, 722 Sh 57,363 126,812
    S&P GLOBAL INC, 462 Sh 79,454 78,512
    SALESFORCE.COM INC, 990 Sh 90,700 135,600
    TYLER TECHNOLOGIES, 255 Sh 40,830 47,384
    UNITEDHEALTH GROUP, 659 Sh 98,444 164,170
    VISA INC, 1,233 Sh 96,582 162,682
    MEDTRONIC PLC, 1,320 Sh 106,899 120,067
    CROWN CASTLE INTERNATIONAL, 1,128 Sh 119,109 122,535
    CME GROUP INC, 460 Sh 77,386 86,535
    TARGET CORP, 1,642 Sh 112,053 108,520
    TAIWAN SEMICONDUCTOR MFG, 2,269 Sh 55,406 83,749
    AFLAC INC, 3,098 Sh 105,316 141,145
    AKAMAI TECHNOLOGIES, 2,098 Sh 132,388 128,146
    ALPHABET INC, 128 Sh 104,281 132,558
    CELGENE CORP, 1,098 Sh 110,187 70,371
    CITRIX SYSTEMS, 1,065 Sh 72,527 109,120
    COOPER COMPANIES INC, 641 Sh 106,877 163,135
    COSTCO WHOLESALE, 722 Sh 97,310 147,079
    FEDEX CORP, 565 Sh 97,029 91,151
    FRANKLIN RESOURCES INC, 3,106 Sh 109,081 92,124
    HCA HEALTHCARE INC,958 Sh 79,274 119,223
    HOME DEPOT INC, 886 Sh 93,941 152,233
    INTEL CORP, 2,220 Sh 65,898 104,185
    MANPOWERGROUP, 1,373 Sh 91,083 88,970
    MASTERCARD INCORPORATED, 724 Sh 88,575 136,583
    MCCORMICK & CO INC, 1,338 Sh 125,518 186,303
    MICROSOFT CORP, 1,241 Sh 74,017 126,048
    NIKE INC, 2,285 Sh 106,638 169,410
    PEPSICO INC, 1,215 Sh 113,130 134,233
    PROCTER & GAMBLE, 1,704 Sh 137,488 156,632
    SOUTHWEST AIRLINES CO, 2,542 Sh 122,379 118,152
    UNITED PARCEL SVC INC, 811 Sh 90,201 79,097
    VISA INC, 1,201 Sh 104,847 158,460
    WESTERN DIGITAL CORP, 2,266 Sh 154,800 83,774
    ARIEL APPRECIATION FUND, 35,538.789 Sh 1,720,586 1,372,153
    CVS HEALTH CORP, 531 Sh 42,860 34,791
    NETFLIX INC, 134 Sh 38,177 35,866
    NVIDIA CORP, 371 Sh 58,539 49,529
    TESLA INC, 164 Sh 57,258 54,579
    UNITED TECHNOLOGIES, 320 Sh 41,618 34,074
    APPLIED MATERIALS, 1,209 Sh 70,039 39,583
    BOOKING HOLDINGS INC, 48 Sh 94,749 82,676
    PROOFPOINT INC, 711 Sh 70,236 59,589
    REGENERON PHARMACEUTICALS, 280 Sh 105,812 104,580
    VERISK ANALYTICS INC, 775 Sh 87,746 84,506
    WALT DISNEY CO, 693 Sh 73,388 75,987
    APTIV PLC, 467 Sh 44,013 28,753
    SPOTIFY TECHNOLOGIES, 436 Sh 77,490 49,486
    ARRAY BIOPHARMA INC, 804 Sh 12,707 11,457
    ARROWHEAD PHARMACEUTICALS, 934 Sh 12,362 11,600
    BLUEBIRD BIO INC, 216 Sh 26,254 21,427
    BRIGHT HORIZONS, 118 Sh 13,895 13,151
    CHURCHILL DOWNS INC, 46 Sh 12,834 11,221
    CORNERSTONE ONDEMAND INC, 306 Sh 16,445 15,431
    ENVESTNET INC, 332 Sh 19,850 16,331
    ETSY INC, 332 Sh 15,109 15,793
    EXELIXIS INC, 1,272 Sh 26,864 25,020
    HENRY JACK & ASSOCIATES, 242 Sh 31,905 30,618
    KAR AUCTION SERVICES, 296 Sh 16,100 14,125
    LEGG MASON, 711 Sh 26,070 18,138
    LOXO ONCOLOGY INC, 91 Sh 12,642 12,746
    NEW RELIC INC, 208 Sh 18,220 16,842
    PGT INNOVATIONS INC, 741 Sh 15,825 11,745
    QUALYS INC, 229 Sh 20,441 17,115
    SAGE THERAPEUTICS INC, 159 Sh 26,326 15,231
    TELADOC HEALTH INC, 60 Sh 3,894 2,974
    TRIPADVISOR INC, 448 Sh 21,450 24,165
    VEONEER INC, 312 Sh 13,489 7,354
    VIKINGTHERAPEUTICS INC, 867 Sh 12,309 6,633
    WELLCARE HEALTH PLANS, 83 Sh 26,520 19,595
    ADIDAS AG, 190 Sh 22,184 19,808
    BAIDU INC, 537 Sh 98,080 85,168
    BANCO SANTANDER, 8,619 Sh 60,735 38,613
    BEIGENE LTD, 121 Sh 20,786 16,971
    DANONE, 2,000 Sh 30,351 28,126
    DEUTSCHE POST, 1,996 Sh 92,295 54,557
    FOMENTO ECONOMICO, 459 Sh 38,838 39,497
    HUAZHU GROUP LTD, 891 Sh 17,561 25,509
    INDUSTRIA DE DISENO, 1,954 Sh 28,997 24,962
    INTERNATIONAL CONS AIRLINES, 1,522 Sh 23,682 23,959
    JAZZ PHARMACEUTICALS, 183 Sh 28,935 22,685
    LONZA GROUP, 1,491 Sh 40,078 38,523
    MURATA MANUFACTURING, 1,331 Sh 46,356 45,356
    NORDEA BANK, 1,192 Sh 12,897 10,027
    NOVOZYMES, 444 Sh 23,213 19,785
    STERIS PLC, 232 Sh 24,363 24,789
    TEMENOS AG, 227 Sh 33,862 27,149
    YANDEX, 760 Sh 20,409 20,786

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    18007218
    Software Version:
    2018v3.1
    US Government Securities - End of Year Book Value:

    1,925,479
    US Government Securities - End of Year Fair Market Value:

    1,895,857
    State & Local Government Securities - End of Year Book Value:


    540,621
    State & Local Government Securities - End of Year Fair Market Value:


    536,665


    TY 2018 InvestmentsOtherSchedule2
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    North Sky Cleantech Ventures AT COST 272,828 106,401
    Double Bottom Line AT COST 460,506 641,326
    Generation Asia Fund AT COST 1,249,120 1,244,024
    General Asia Global EQ AT COST 3,403,614 3,459,799
    Illumen Capital AT COST 130,317 130,317

    TY 2018 LandEtcSchedule2
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 23,631 13,577 10,054 10,054


    TY 2018 LegalFeesSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal Fees 1,250 0 0 1,250


    TY 2018 OtherAssetsSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Accrued Interest 94,627 115,120 115,120


    TY 2018 OtherDecreasesSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Amount
    Book To Tax Difference 27,470


    TY 2018 OtherExpensesSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Bank Service Charges 164     164
    IT Support 19,046     19,046
    Loan Write-off 130,000 130,000    
    Membership & Subscriptions 10,002     10,002
    Office Hardware 240     240
    Office Supplies 14,549     14,549
    Payroll Service Fees 1,770     1,770
    Postage Fees 7,755     7,755
    Professional Development 10,138     10,138
    Software Expenses 17,275     17,275
    Telephone Conferencing 500     500
    Website Expenses 1,918     1,918


    TY 2018 OtherIncomeSchedule2
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income 14,070 14,070  
    Partnership Income -47,376 -35,815  


    TY 2018 OtherLiabilitiesSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Beginning of Year - Book Value End of Year - Book Value
    Deferred Excise Tax 47,236 9,193


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

    TY 2018 OtherNotesLoansRcvblLongSch
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    18007218
    Software Version:
    2018v3.1

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    Feed The Hunger N/A 100,000 100,000 2015-09 2019-02 42 Months 200.00 %   Help Finance Microenterprise    
    Red Bay N/A 100,000 125,000 2016-08 2021-08 60 Months 1200.00 %   Capital for Company Growth    

    TY 2018 OtherProfessionalFeesSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    HR Consulting Fees 439 0 0 439
    Investment Management Fees 273,613 273,613 0 0
    Organizational Development Consultants 65,963 0 0 65,963
    Other Consultants 41,232 0 0 41,232
    Program Consultants 162,592 0 0 162,592
    Strategic Planning 202,408 0 0 202,408
    Website Design Fees 4,960 0 0 4,960


    TY 2018 TaxesSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Federal Excise Tax 3,321      
    Filing Fees 175     175
    Foreign Taxes Paid on Investments 20,121 20,121