Form990-PF
Click to see attachment

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 12-01-2018 , and ending 11-30-2019
Name of foundation
THE RAETHER FAMILY CHARITABLE TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)C/O CDL 505 S FLAGLER DRIVE NO 900
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WEST PALM BEACH, FL33401
A Employer identification number

13-6855420
B Telephone number (see instructions)

(561) 832-9292
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$31,316,013J 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) 6,133,878
2 Check bullet.............
3 Interest on savings and temporary cash investments 70,088 99,283  
4 Dividends and interest from securities... 99,731 477,885  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,444,343
b Gross sales price for all assets on line 6a 8,693,073
7 Capital gain net income (from Part IV, line 2)... 7,488,140
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 60,425 304,034  
12 Total. Add lines 1 through 11........ 8,808,465 8,369,342  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 10,000 0   10,000
14 Other employee salaries and wages...... 2,500 0   2,500
15 Pension plans, employee benefits....... 61,558 0   61,558
16a Legal fees (attach schedule)......... Click to see attachment 18,888 0   18,888
b Accounting fees (attach schedule)....... Click to see attachment 20,000 5,000   15,000
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 185,949 4,841   949
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 11,101 82,162   750
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 309,996 92,003   109,645
25 Contributions, gifts, grants paid....... 7,846,119 7,846,119
26 Total expenses and disbursements. Add lines 24 and 25 8,156,115 92,003   7,955,764
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 652,350
b Net investment income (if negative, enter -0-) 8,277,339
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............. 3,940,865 3,074,546 3,074,546
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 21,007    
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,326,987 Click to see attachment4,226,740 4,187,991
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment18,519,392 Click to see attachment20,159,315 Click to see attachment24,053,476
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 26,808,251 27,460,601 31,316,013
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
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..................    
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........ 26,808,251 27,460,601
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)..... 26,808,251 27,460,601
31 Total liabilities and net assets/fund balances (see instructions). 26,808,251 27,460,601
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
26,808,251
2
Enter amount from Part I, line 27a .....................
2
652,350
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
27,460,601
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
27,460,601
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 4,934 SHS COVETRUS INC D    
b 2,518 SHS STONE CO LTD. D    
c 2,175 SHS SPOTIFY TECH D    
d 150,000 SHS KKR & CO D    
e 4,936 SHS COVETRUS INC D    
5,877 SHS STONE CO LTD. D    
5,074 SHS SPOTIFY TECH D    
7,410 SHS AVALARA INC. D    
20,621 SHS SVMK INC. D    
JPM ABSOLUTE RETURN INCOME FUND P    
SOUND SHORE FUND P    
KKR ASSOCIATES P    
MADISON MIDWEST II, LLC P    
THE RAETHER PARTNERSHIP LP P    
9,171 SHS WEYERHAEUSER DONATED D    
CAPITAL GAINS DIVIDENDS 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 127,286   11,186 116,100
b 65,296   6,000 59,296
c 268,563   115,479 153,084
d 3,823,436   555,000 3,268,436
e 57,988   11,190 46,798
204,317   14,004 190,313
579,722   269,384 310,338
496,864   44,443 452,421
352,129   178,247 173,882
      0
135,372     135,372
2,420,189     2,420,189
7,136     7,136
151,727     151,727
      0
3,048     3,048
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       116,100
b       59,296
c       153,084
d       3,268,436
e       46,798
      190,313
      310,338
      452,421
      173,882
      0
      135,372
      2,420,189
      7,136
      151,727
      0
      3,048
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 7,488,140
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 13,411,416 33,430,535 0.401173
2016 6,880,363 35,657,024 0.192960
2015 6,339,634 33,494,247 0.189275
2014 8,696,170 37,362,350 0.232752
2013 8,244,001 39,194,320 0.210337
2
Total of line 1, column (d) .....................
2
1.226497
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
0.245299
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
30,794,474
5
Multiply line 4 by line 3......................
5
7,553,854
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
82,773
7
Add lines 5 and 6........................
7
7,636,627
8
Enter qualifying distributions from Part XII, line 4,.............
8
7,955,764
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 82,773
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 82,773
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 82,773
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 169,987
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 169,987
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 23
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 87,191
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet87,191 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
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.
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)
    bulletNY, FL
    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 addressbulletN/A
    14
    The books are in care ofbulletLAURA CLARK CPA Telephone no.bullet (561) 832-9292

    Located atbullet505 S FLAGLER DR STE 900WEST PALM BEACHFL ZIP+4bullet33401
    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
    PAUL E RAETHER TRUSTEE
    0.00     		0 0 0
    C/O KKR CO 9 WEST 57TH STREET
    NEW YORK,NY10019
    WENDY S RAETHER TRUSTEE
    0.00     		0 0 0
    C/O KKR CO 9 WEST 57TH STREET
    NEW YORK,NY10019
    HOLLY WERNER TRUSTEE
    1.00     		10,000 27,117 0
    C/O KKR CO 9 WEST 57TH STREET
    NEW YORK,NY10019
    ELISSA RAETHER KOVAS TRUSTEE
    0.00     		0 0 0
    C/O KKR CO 9 WEST 57TH STREET
    NEW YORK,NY10019
    ALEXA RAETHER MADDOCK TRUSTEE
    0.00     		0 0 0
    C/O KKR CO 9 WEST 57TH STREET
    NEW YORK,NY10019
    CARA RAETHER CAREY TRUSTEE
    0.00     		0 0 0
    C/O KKR CO 9 WEST 57TH STREET
    NEW YORK,NY10019
    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
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (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
    4,003,730
    b
    Average of monthly cash balances.......................
    1b
    3,752,955
    c
    Fair market value of all other assets (see instructions)................
    1c
    23,506,740
    d
    Total (add lines 1a, b, and c).........................
    1d
    31,263,425
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    31,263,425
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    468,951
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    30,794,474
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,539,724
    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
    1,539,724
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    82,773
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    82,773
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,456,951
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,456,951
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,456,951
    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
    7,955,764
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    7,955,764
    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
    82,773
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    7,872,991
    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 1,456,951
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 8,334,739
    b From 2014...... 6,931,362
    c From 2015...... 4,686,804
    d From 2016...... 5,209,602
    e From 2017...... 11,818,157
    fTotal of lines 3a through e........ 36,980,664
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 7,955,764
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 1,456,951
    e Remaining amount distributed out of corpus 6,498,813
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 43,479,477
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 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) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		8,334,739
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		35,144,738
    10 Analysis of line 9:
    a Excess from 2014.... 6,931,362
    b Excess from 2015.... 4,686,804
    c Excess from 2016.... 5,209,602
    d Excess from 2017.... 11,818,157
    e Excess from 2018.... 6,498,813
    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).)
    PAUL E RAETHER
    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
    SKI & SNOWBOARD CLUB VAIL
    598 VAIL VALLEY DRIVE
    VAIL,CO81657     		  PC GENERAL PURPOSE 2,300
    ARTS CONNECTION
    5500 UNIVERSITY PARKWAY ROOM 308
    SAN BERNADINO,CA92407     		  PC GENERAL PURPOSE 1,000
    SAFE HORIZON
    2 LAFAYETTE STREET 3RD FLOOR
    NEW YORK,NY10007     		  PC GENERAL PURPOSE 10,000
    COMPASSIONATE PUG RESCUE
    20629 NE 7TH COURT
    MIAMI,FL33179     		  PC GENERAL PURPOSE 25,000
    ASPCA
    520 EIGHTH AVENUE 7TH FLOOR
    NEW YORK,NY10018     		  PC GENERAL PURPOSE 10,000
    SPECIAL OLYMPICS
    1133 19TH ST NW
    WASHINGTON,DC20036     		  PC GENERAL PURPOSE 10,000
    SPECIAL OLYMPICS CONNECTICUT
    2666 STATE STREET
    HAMDEN,CT06517     		  PC GENERAL PURPOSE 5,000
    HUMANE EQUINE AID AND RAPID TRANSPORT
    179 ACORN HILL DR
    MADISON,VA22727     		  PC GENERAL PURPOSE 15,000
    EQUESTRIAN AID FOUNDATION
    11924 W FOREST HILL BLVD SUITE
    10A-377
    WELLINGTON,FL33414     		  PC GENERAL PURPOSE 5,000
    UNITED STATES EQUESTRIAN TEAM
    PO BOX 355
    GLADSTONE,NJ07934     		  PC GENERAL PURPOSE 1,000
    TRINITY COLLEGE
    300 SUMMIT STREET
    HARTFORD,CT06106     		  PC GENERAL PURPOSE 500
    GREENWICH ACADEMY
    200 NORTH MAPLE AVE
    GREENWICH,CT06830     		  PC GENERAL PURPOSE 500
    CAZENOVIA COLLEGE
    22 SULLIVAN ST
    CAZENOVIA,NY13035     		  PC GENERAL PURPOSE 5,000
    ACUPUNCTURISTS WITHOUT BORDERS
    3439 NE SANDY BLVD
    PORTLAND,OR97232     		  PC GENERAL PURPOSE 2,500
    SPECIAL SPECTATORS
    PO BOX 21855
    DETROIT,MI48221     		  PC GENERAL PURPOSE 5,000
    PURE THOUGHTS HORSE RESCUE
    4348 145TH AVE
    LOXAHATCHEE,FL33470     		  PC GENERAL PURPOSE 10,000
    ST JUDE'S CHILDREN'S RESEARCH
    262 DANNY THOMAS PLACE
    MEMPHIS,TN38105     		  PC GENERAL PURPOSE 2,500
    PUG RESCUE OF FLORIDA
    PO BOX 316
    WINDERMERE,FL34786     		  PC GENERAL PURPOSE 5,000
    THE AMOS TUCK SCHOOL
    6066 DEVELOPMENT OFFICE
    HANOVER,NH03755     		  PC GENERAL PURPOSE 65,000
    COLORADO ACADEMY
    3800 SOUTH PIERCE ST
    DENVER,CO80235     		  PC GENERAL PURPOSE 5,000
    GREENWICH ACADEMY
    200 NORTH MAPLE AVE
    GREENWICH,CT06830     		  PC GENERAL PURPOSE 15,000
    TRINITY COLLEGE
    300 SUMMIT STREET
    HARTFORD,CT06106     		  PC GENERAL PURPOSE 200,000
    CANCER RESEARCH INSTITUTE
    29 BROADWAY FLOOR 4
    NEW YORK,NY10006     		  PC GENERAL PURPOSE 5,000
    VAIL HEALTH FOUNDATION
    PO BOX 1529
    VAIL,CO81658     		  PC GENERAL PURPOSE 5,000
    BRAVO VAIL
    2271 N FRONTAGE RD W SUITE C
    VAIL,CO81657     		  PC GENERAL PURPOSE 10,000
    PSI UPSILON FOUNDATION
    3003 EAST 96TH STREET
    INDIANAPOLIS,IN46240     		  PC GENERAL PURPOSE 1,000
    HUDSON INSTITUTE
    1201 PENNSYLVANIA AVENUE NW SUITE
    400
    WASHINGTON,DC20004     		  PC GENERAL PURPOSE 10,000
    MEMORIAL SLOAN KETTERING CANCER
    1275 YORK AVENUE
    NEW YORK,NY10065     		  PC GENERAL PURPOSE 5,000
    THE EVERGLADES FOUNDATION
    18001 OLD CUTLER ROAD SUITE 625
    PALMETTO BAY,FL34109     		  PC GENERAL PURPOSE 5,000
    THE POSSE FOUNDATION INC
    14 WALL STREET SUITE 8A-60
    NEW YORK,NY10005     		  PC GENERAL PURPOSE 10,000
    YEAR UP
    45 MILK ST 9TH FLOOR
    BOSTON,MA02109     		  PC GENERAL PURPOSE 5,000
    GREENWICH ACADEMY
    200 NORTH MAPLE AVE
    GREENWICH,CT06830     		  PC GENERAL PURPOSE 10,000
    TRINITY COLLEGE
    300 SUMMIT STREET
    HARTFORD,CT06106     		  PC GENERAL PURPOSE 10,000
    THE AMOS TUCK SCHOOL
    6066 DEVELOPMENT OFFICE
    HANOVER,NH03755     		  PC GENERAL PURPOSE 12,500
    THE ALOHA FOUNDATION INC
    2968 LAKE MOREY ROAD
    FAIRLEE,VT05045     		  PC GENERAL PURPOSE 3,000
    TEAM RUBICON
    6171 W CENTURY BLVD SUITE 310
    LOS ANGELES,CA90045     		  PC GENERAL PURPOSE 5,000
    STRATTON MOUNTAIN SCHOOL
    WORLD CUP CIRCLE
    STRATTON MOUNTAIN,VT05155     		  PC GENERAL PURPOSE 3,000
    FAIRSPORT INC
    PO BOX 748
    FORKED RIVER,NJ08731     		  PC GENERAL PURPOSE 10,000
    VAIL VALLEY FOUNDATION
    PO BOX 6550
    AVON,CO81620     		  PC GENERAL PURPOSE 5,000
    LOST TREE CHAPEL INC
    11149 TURTLE BEACH ROAD
    NORTH PALM BEACH,FL33408     		  PC GENERAL PURPOSE 500
    PALM BEACH ZOO & CONSERVATION
    1301 SUMMIT BOULEVARD
    WEST PALM BEACH,FL33405     		  PC GENERAL PURPOSE 10,000
    THE NICKLAUS CHILDREN'S HEALTH
    3100 SW 62 AVENUE
    MIAMI,FL33155     		  PC GENERAL PURPOSE 2,500
    GEORGETOWN UNIVERSITY
    3300 WHITEHAVEN ST NW SUITE 3000
    WASHINGTON,DC20007     		  PC GENERAL PURPOSE 5,000
    LOST TREE FOUNDATION
    8 CHURCH LANE
    NORTH PALM BEACH,FL33408     		  PC GENERAL PURPOSE 3,500
    NAVY SEAL FOUNDATION
    1619 D STREET
    VIRGINIA BEACH,VA23460     		  PC GENERAL PURPOSE 25,000
    JUST WORLD INTERNATIONAL
    11924 W FOREST HILL BLVD SUITE
    10A-396
    WELLINGTON,FL33414     		  PC GENERAL PURPOSE 5,000
    GREENWICH LIBRARY
    101 WEST PUTNAM AVENUE
    GREENWICH,CT06830     		  PC GENERAL PURPOSE 10,000
    CHILDREN OF FALLEN PATRIOTS FOUNDATION
    44900 PRENTICE DRIVE
    DULLES,VA20166     		  PC GENERAL PURPOSE 10,000
    JUPITER MEDICAL CENTER FOUNDATION
    1210 SOUTH OLD DIXIE HIGHWAY
    JUPITER,FL33458     		  PC GENERAL PURPOSE 5,000
    GREENWICH HOSPITAL FOUNDATION
    35 RIVER ROAD
    COS COB,CT06807     		  PC GENERAL PURPOSE 5,000
    GREAT CHARITY CHALLENGE
    3400 EQUESTRIAN CLUB ROAD
    WELLINGTON,FL33414     		  PC GENERAL PURPOSE 25,000
    JUPITER MEDICAL CENTER FOUNDATION
    1210 SOUTH OLD DIXIE HIGHWAY
    JUPITER,FL33458     		  PC GENERAL PURPOSE 5,000
    THE MUSEUM OF MODERN ART
    11 WEST 53RD STREET
    NEW YORK,NY10019     		  PC GENERAL PURPOSE 925
    ROBIN HOOD
    826 BROADWAY 9TH FLOOR
    NEW YORK,NY10003     		  PC GENERAL PURPOSE 50,000
    LAKE FOREST ACADEMY
    1500 W KENNEDY ROAD
    LAKE FOREST,IL60045     		  PC GENERAL PURPOSE 15,000
    SKI & SNOWBOARD CLUB VAIL
    598 VAIL VALLEY DRIVE
    VAIL,CO81657     		  PC GENERAL PURPOSE 100,000
    FAMILY CENTERS
    40 ARCH STREET
    GREENWICH,CT06830     		  PC GENERAL PURPOSE 6,000
    LAKE FOREST ACADEMY
    1500 W KENNEDY ROAD
    LAKE FOREST,IL60045     		  PC GENERAL PURPOSE 25,000
    ROUND HILL SCHOLARSHIP FOUNDATION
    88 FIELD POINT ROAD
    GREENWICH,CT06830     		  PC GENERAL PURPOSE 500
    WY TRANSFER TO US SKI & SNOW
    1 VICTORY LANE BOX 100
    PARK CITY,UT84060     		  PC GENERAL PURPOSE 226,959
    UNITED STATES EQUESTRIAN TEAM
    PO BOX 355
    GLADSTONE,NJ07934     		  PC GENERAL PURPOSE 250,000
    US SKI & SNOWBOARD FOUNDATION
    1 VICTORY LANE BOX 100
    PARK CITY,UT84060     		  PC GENERAL PURPOSE 273,041
    THE AMERICAN COLLEGE OF THE BUILDING ARTS
    649 MEETING STREET
    CHARLESTON,SC29403     		  PC GENERAL PURPOSE 50,000
    TUCK SCHOOL OF BUSINESS
    6066 DEVELOPMENT OFFICE
    HANOVER,NH03755     		  PC GENERAL PURPOSE 2,000,000
    TUCK SCHOOL OF BUSINESS
    6066 DEVELOPMENT OFFICE
    HANOVER,NH03755     		  PC GENERAL PURPOSE 10,000
    GREENWICH ACADEMY
    200 NORTH MAPLE AVE
    GREENWICH,CT06830     		  PC GENERAL PURPOSE 500,000
    TRINITY COLLEGE
    300 SUMMIT STREET
    HARTFORD,CT06106     		  PC GENERAL PURPOSE 100,000
    AMERICAN HEART ASSOCIATION
    7272 GREENVILLE AVENUE
    DALLAS,TX75231     		  PC GENERAL PURPOSE 1,000
    CENTRAL PARK CONSERVANCY
    14 EAST 60TH STREET
    NEW YORK,NY10022     		  PC GENERAL PURPOSE 1,000
    THE METROPOLITAN MUSEUM OF ART
    1000 FIFTH AVENUE
    NEW YORK,NY10028     		  PC GENERAL PURPOSE 2,500
    US SKI & SNOWBOARD FOUNDATION
    1 VICTORY LANE BOX 100
    PARK CITY,UT84060     		  PC GENERAL PURPOSE 2,500
    PAN MASS CHALLENGE
    77 4TH AVENUE
    NEEDHAM,MA02494     		  PC GENERAL PURPOSE 1,000
    US SKI & SNOWBOARD FOUNDATION
    1 VICTORY LANE BOX 100
    PARK CITY,UT84060     		  PC GENERAL PURPOSE 76,000
    BRUCE MUSEUM
    ONE MUSEUM DRIVE
    GREENWICH,CT06830     		  PC GENERAL PURPOSE 1,780
    THE TEDDY MALONEY FOUNDATION
    425 OLD HICKORY ROAD
    FAIRFIELD,CT06824     		  PC GENERAL PURPOSE 1,000
    INSTITUTE OF INTERNATIONAL EDUCATION
    809 UNITED NATIONS PLAZA
    NEW YORK,NY10017     		  PC GENERAL PURPOSE 5,000
    US SKI & SNOWBOARD FOUNDATION
    1 VICTORY LANE BOX 100
    PARK CITY,UT84060     		  PC GENERAL PURPOSE 47,000
    US SKI & SNOWBOARD FOUNDATION
    1 VICTORY LANE BOX 100
    PARK CITY,UT84060     		  PC GENERAL PURPOSE 12,000
    SPONSORS FOR EDUCATIONAL
    55 EXCHANGE PLACE
    NEW YORK,NY10005     		  PC GENERAL PURPOSE 50,000
    MOUNT SINAI CHILDREN'S CENTER
    ONE GUSTAVE L LEVY PLACE BOX 1198
    NEW YORK,NY10029     		  PC GENERAL PURPOSE 1,000
    JUNIOR ACHIEVEMENT OF NEW YORK
    420 LEXINGTON AVENUE
    NEW YORK,NY10170     		  PC GENERAL PURPOSE 2,500
    WATERSIDE SCHOOL
    770 PACIFIC STREET
    STAMFORD,CT06902     		  PC GENERAL PURPOSE 2,500
    TEACH FOR AMERICA
    25 BROADWAY 12TH FLOOR
    NEW YORK,NY10004     		  PC GENERAL PURPOSE 25,000
    CANCER RESEARCH INSTITUTE
    29 BROADWAY FLOOR 4
    NEW YORK,NY10006     		  PC GENERAL PURPOSE 5,000
    GREENWICH LAND TRUST
    370 ROUND HILL ROAD
    GREENWICH,CT06831     		  PC GENERAL PURPOSE 2,500
    HOSPITAL FOR SPECIAL SURGERY
    535 EAST 70TH STREET
    NEW YORK,NY10021     		  PC GENERAL PURPOSE 5,000
    ST JOHN'S UNIVERSITY
    8000 UTOPIA PARKWAY
    QUEENS,NY11439     		  PC GENERAL PURPOSE 5,000
    VAIL HEALTH FOUNDATION
    PO BOX 1529
    VAIL,CO81658     		  PC GENERAL PURPOSE 5,000
    LAKE FOREST ACADEMY
    1500 W KENNEDY ROAD
    LAKE FOREST,IL60045     		  PC GENERAL PURPOSE 25,000
    AMERICAN CANCER SOCIETY
    PO BOX 22478
    OKLAHOMA CITY,OK73123     		  PC GENERAL PURPOSE 500
    TRINITY COLLEGE - DREAM CAMP
    300 SUMMIT STREET
    HARTFORD,CT06106     		  PC GENERAL PURPOSE 596,614
    GREENWICH UNITED WAY
    500 PUTNAM AVENUE SUITE 415
    GREENWICH,CT06830     		  PC GENERAL PURPOSE 2,500
    US SKI & SNOWBOARD FOUNDATION
    1 VICTORY LANE BOX 100
    PARK CITY,UT84060     		  PC GENERAL PURPOSE 2,500
    HOSPITAL FOR SPECIAL SURGERY
    535 EAST 70TH STREET
    NEW YORK,NY10021     		  PC GENERAL PURPOSE 500,000
    GREENWICH EMERGENCY MEDICAL SERVICE
    1111 EAST PUTNAM AVENUE SUITE 201
    RIVERSIDE,CT06878     		  PC GENERAL PURPOSE 500
    GREENWICH ACADEMY
    200 NORTH MAPLE AVE
    GREENWICH,CT06830     		  PC GENERAL PURPOSE 15,000
    LOST TREE CHAPEL INC
    11149 TURTLE BEACH ROAD
    NORTH PALM BEACH,FL33408     		  PC GENERAL PURPOSE 500
    TUCK SCHOOL OF BUSINESS
    6066 DEVELOPMENT OFFICE
    HANOVER,NH03755     		  PC GENERAL PURPOSE 2,000,000
    US SKI & SNOWBOARD FOUNDATION
    1 VICTORY LANE BOX 100
    PARK CITY,UT84060     		  PC GENERAL PURPOSE 55,000
    US SKI & SNOWBOARD FOUNDATION
    1 VICTORY LANE BOX 100
    PARK CITY,UT84060     		  PC GENERAL PURPOSE 160,000
    Total .................................bullet 3a 7,846,119
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ...........     		    14 70,088  
    4 Dividends and interest from securities....     14 99,731  
    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.....     18 60,425  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 2,444,343  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 2,674,587 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,674,587
    (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
    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
    THE RAETHER FAMILY CHARITABLE TRUST
     
    Employer identification number

    13-6855420
    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
    THE RAETHER FAMILY CHARITABLE TRUST
          		Employer identification number
    13-6855420
    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
    PAUL RAETHER  
    C/O KKR CO 9 WEST 57TH STREET
     
    NEW YORK, NY10019

    		$ 6,133,878


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    THE RAETHER FAMILY CHARITABLE TRUST
          		Employer identification number

    13-6855420
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 4,934 SHS OF COVETRUS INC $ 139,953 2019-05-21
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 2,175 SHS OF SPOTIFY TECH $ 266,285 2019-05-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 2,518 SHS OF STONECO LTD. $ 66,639 2019-05-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 150,000 SHS OF KKR & CO $ 3,861,000 2019-08-26
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 4,936 SHS OF COVETRUS INC $ 60,392 2019-09-25
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 5,074 SHS OF SPOTIFY TECH $ 601,093 2019-09-25
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Name of organization
    THE RAETHER FAMILY CHARITABLE TRUST
          		Employer identification number

    13-6855420
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 5,877 SHS OF STONECO LTD. $ 207,020 2019-09-25
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 20,621 SHS OF SVMK INC $ 362,460 2019-09-26
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 5,871 SHS OF AVALARA INC $ 441,699 2019-09-26
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 1,539 SHS OF AVALARA INC $ 127,337 2019-09-04
    (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
    THE RAETHER FAMILY CHARITABLE TRUST
          		Employer identification number

    13-6855420
    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:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    THE RAETHER FAMILY CHARITABLE TRUST
    EIN:
    13-6855420
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 20,000 5,000   15,000

    TY 2018 GeneralExplanationAttachment
    Name:
    THE RAETHER FAMILY CHARITABLE TRUST
    EIN:
    13-6855420
    Identifier Return Reference Explanation
    KKR AMERICAS FUND XII ESC (UNLEV) L.P. FORM 8865 PAGE 2, SCHEDULE A-3 AFFILIATION SCHEDULE KKR CLOVER AGGREGATOR L.P.C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET NEW YORK, NY 1001982-2627721 KKR FREYA AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET NEW YORK, NY 1001982-1819961 KKR COSMO AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET NEW YORK, NY 1001982-2406337KKR PHOENIX AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET NEW YORK, NY 1001982-3096544KKR INDIGO AGGREGATOR III L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET NEW YORK, NY 1001982-2513034 TARHEEL INVESTORS L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET NEW YORK, NY 1001981-4558089 KKR SIGMA AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET NEW YORK, NY 1001998-1404521 FOREIGN PARTNERSHIPKKR ENTERPRISE AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET NEW YORK, NY 1001983-0930563 KKR GEO AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET NEW YORK, NY 1001983-2589675 KKR SNOWBIRD AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET NEW YORK, NY 1001982-5415798KKR KESTREL AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET NEW YORK, NY 1001983-2263232 KKR DENALI HOLDINGS L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET NEW YORK, NY 1001983-1312991 KKR EMPIRE AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET NEW YORK, NY 1001983-2246295 KKR GATSBY AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET NEW YORK, NY 1001983-1185480 KKR BANFF AGGREGATORS L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET NEW YORK, NY 1001983-1128960
    KKR ASIAN FUND III ESC (UNLEV) L.P. FORM 8865 PAGE 2, SCHEDULE A-3 AFFILIATION SCHEDULE KKR ASIAN FUND III ESC AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1376403 FOREIGN PARTNERSHIP
    KKR GLOBAL INFRASTRUCTURE INVESTORS III ESC (UNLEV) L.P. FORM 8865 PAGE 2, SCHEDULE A-3 AFFILIATION SCHEDULE KKR ASCENT AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH ST., NEW YORK, NY 1001983-1128551KKR STARLIGHT AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH ST., NEW YORK, NY 1001998-1436350FOREIGN PARTNERSHIP
    KKR NGT GROWTH FUND ESC LP FORM 8865 PAGE 2, SCHEDULE A-3 AFFILIATION SCHEDULE KKR DARK AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1312410FOREIGN PARTNERSHIPKKR GYG INVESTORS L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1272623FOREIGN PARTNERSHIPKKR JIGSAW INVESTORS LLC C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001981-0751912KKR OPTIMAL INVESTORS LTD C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1254128FOREIGN PARTNERSHIPKKR VALEUR INVESTORS AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1361734FOREIGN PARTNERSHIPKKR FOX INVESTORS LLC C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001982-2351321KKR RIDE INVESTORS LLC C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001982-0991321KKR CARIBOU AGGREGATOR II L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1396090FOREIGN PARTNERSHIPKKR CARIBOU AGGREGATOR III L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1396109FOREIGN PARTNERSHIPKKR OMEGA AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 10019FOREIGNUS FOREIGN PARTNERSHIPKKR CARIBOU INVESTORS LLC C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001981-5292152
    KKR NORTH AMERICA FUND XI ESC LP FORM 8865 PAGE 2, SCHEDULE A-3 AFFILIATION SCHEDULE BUCKEYE INVESTORS L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001947-2647100 KKR ME L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1240505 FOREIGN PARTNERSHIPKKR TORQ INVESTMENT LIMITED C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 10019FOREIGNUS FOREIGN PARTNERSHIPKKR WEL INVESTMENT LIMITED C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1081410 FOREIGN PARTNERSHIPKKR CRYSTAL AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001947-4108635 KKR ORACLE INVESTORS L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001946-4627277 KKR AMG AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001947-3928157 KKR CROWN INVESTORS L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001947-2350178 KKR PRA INVESTORS L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001946-3656519 KKR ARTHUR AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001947-4465733 KKR ASCEND AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1134937 FOREIGN PARTNERSHIPKKR RENAISSANCE AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001946-3126186 KKR VISION AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001946-4841597 KKR BRIGHTVIEW AGGREGATOR L.P.(FKA KKR BRICKMAN AGGREGATOR L.P.)C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001946-4197420 KKR INDIGO AGGREGATOR II L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001946-5770377 KKR MAGELLAN AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001946-3742263 KKR BRAZIL AGGREGATOR II L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 10019FOREIGNUS FOREIGN PARTNERSHIPKKR INDIGO AGGREGATOR I L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001946-5770286 KKR SAGE AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001947-1716354 KKR PLATINUM AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001981-1214490 KKR CALYPSO AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001981-3548959 KKR ELEMENT AGGREGATRO L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001981-3438396 KKR POTAMOI AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001981-3040794 AUGUSTA INVESTORS L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001947-2124332 KKR CAGE AGGREGATOR LLC C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001981-3320094 TRAIN AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001981-4250527 HDC ACQUISITION LLC C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001947-4063362 KKR CASABLANCA HOLDINGS L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1351630 FOREIGN PARTNERSHIPKKR OLIVE AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001981-4765755
    KKR PARTNERS IV LP FORM 8865 PAGE 2, SCHEDULE A-3 AFFILIATION SCHEDULE CANOE PTE. LTD. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1384872 FOREIGN PARTNERSHIPDEMETER INDO INVESTMENT PTE. LTD. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1420169 FOREIGN PARTNERSHIPKKR CLOVER AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001982-2627721 KKR RODEO AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001982-2363997 KKR FLATIRONS AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001982-0797319 KKR FREYA AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001982-1819961 KKR COSMO AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001982-2406337 AESTHETICS AUSTRALIA INTERNATIONAL PTE. LTD.C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1388952 FOREIGN PARTNERSHIPKKR PHOENIX AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001982-3096544 KAYAK INVESTMENTS HOLDING PTE. LTD. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1381301 FOREIGN PARTNERSHIPKKR BYZANTIUM INFRASTUCTURE AGGREGATOR L.P.C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1369215 FOREIGN PARTNERSHIPKKR TAURUS AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1351670 FOREIGN PARTNERSHIPKKR HKE INVESTMENT HOLDINGS L.P. P.O. BOX 309, UGLAND HOUSESOUTH CHURCH ST., GEORGE TOWNGRAND CAYMAN, KY1-1104 CAYMAN ISLANDSFOREIGNUS FOREIGN PARTNERSHIPCLEAN CAYCO LIMITED C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1370745 FOREIGN PARTNERSHIPSINO AD ULTIMATE HOLDINGS PTE. LTD. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1388967 FOREIGN PARTNERSHIPKKR INDIGO AGGREGATOR III L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001982-2513034 HANDY INVESTMENT LIMITED C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1383727 FOREIGN PARTNERSHIPTARHEEL INVESTORS L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001981-4558089 KKR KESTREL AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001983-2263232 KKR ASCENT AGGREGATOR LP C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001983-1128551 KKR STARLIGHT AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1436350 FOREIGN PARTNERSHIPBULLDOG HOLDCO, LLC C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001983-1687352 MUSK PROSPERITY ULTIMATE HOLDINGS PTE. LTD.C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1442005 FOREIGN PARTNERSHIPKKR SIGMA AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1404521 FOREIGN PARTNERSHIPKKR ME L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1240505 FOREIGN PARTNERSHIPKKR ENTERPRISE AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001983-0930563 CHINA HOSPITAL CORPORATION HOLDINGS (SINGAPORE) PTE. LTD.C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1460707FOREIGN PARTNERSHIPHEARTLAND DENTAL LLC C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001901-0854205KKR GEO AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001983-2589675KKR SNOWBIRD AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001982-5415798KKR DENALI HOLDINGS L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001983-1312991GAMMA ASIA HOLDINGS I PTE. LTD. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1422767FOREIGN PARTNERSHIPKKR EMPIRE AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001983-2246295KKR GATSBY AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001983-1185480DA VINCI HOLDCO PTE. LTD. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1471076FOREIGN PARTNERSHIPKKR BANFF AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001983-1128960GOLDEN DATA HOLDINGS PTE. LTD. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1464105FOREIGN PARTNERSHIPETA ASIA HOLDINGS I PTE. LTD. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 10019FOREIGNUSFOREIGN PARTNERSHIPEPSILON ASIA HOLDINGS I PTE. LTD. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001998-1460483FOREIGN PARTNERSHIPVISION INVESTMENT HOLDINGS PTE. LTD. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 10019FOREIGNUSFOREIGN PARTNERSHIPPANTHERAS HOLDINGS LLC C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001982-2336431PANTHERINE HOLDINGS LLC C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY 1001982-2336356
    KKR REAL ESTATE PARTNERS EUROPE SBS LP FORM 8865 PAGE 2, SCHEDULE A-3 AFFILIATION SCHEDULE KRE ASTRID 309 UGLAND HOUSE, SOUTH CHURCH STREET,GEORGE TOWN, GRAND CAYMAN,KY1-1104, CAYMAN ISLANDS98-1238145 FOREIGN PARTNERSHIPKRE BRIGHTON L.P.309 UGLAND HOUSE, SOUTH CHURCH STREET,GEORGE TOWN, GRAND CAYMAN,KY1-1104, CAYMAN ISLANDS98-1285960 FOREIGN PARTNERSHIPCOPPER HOLDCO S.A.R.L. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY, 1001998-1252371 FOREIGN PARTNERSHIPKRE ORGANA L.P.309 UGLAND HOUSE, SOUTH CHURCH STREET,GEORGE TOWN, GRAND CAYMAN,KY1-1104, CAYMAN ISLANDS98-1279184 FOREIGN PARTNERSHIPPASING LIMITED 309 UGLAND HOUSE, SOUTH CHURCH STREET,GEORGE TOWN, GRAND CAYMAN,KY1-1104, CAYMAN ISLANDS98-1254299FOREIGN PARTNERSHIP SAUCHIE GP LIMITED 309 UGLAND HOUSE, SOUTH CHURCH STREET,GEORGE TOWN, GRAND CAYMAN,KY1-1104, CAYMAN ISLANDS98-1224165 FOREIGN PARTNERSHIPKRE GARDA L.P. 309 UGLAND HOUSE, SOUTH CHURCH STREET,GEORGE TOWN, GRAND CAYMAN,KY1-1104, CAYMAN ISLANDS98-1326755FOREIGN PARTNERSHIP KRE BEACH L.P. C/O 152928 CANADA INC., 199 BAY ST.SUITE 5300, TORONTO, ON, M5L 1B9, CANADA98-1347075FOREIGN PARTNERSHIP KRE VINTAGE L.P. C/O 152928 CANADA INC., 199 BAY ST.SUITE 5300, TORONTO, ON, M5L 1B9, CANADA98-1347299 FOREIGN PARTNERSHIPKRE REGAL HOMES L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY, 1001998-1357595 FOREIGN PARTNERSHIPKRE SINGLE HOMES L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY, 1001998-1447020 FOREIGN PARTNERSHIPKRE ILOVIT L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY, 1001998-1432336 FOREIGN PARTNERSHIPKRE LA VILLETTE L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY, 1001998-1426885 FOREIGN PARTNERSHIPKRE COLORADO AGGREGATOR L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY, 1001998-1441824 FOREIGN PARTNERSHIPKRE RHC IBERIA LOGISTICS L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY, 1001998-1451445 FOREIGN PARTNERSHIPKRE RHC ITALY L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY, 1001998-1401538 FOREIGN PARTNERSHIPKRE STUDENT HOUSING L.P. C/O KOHLBERG KRAVIS ROBERTS & CO.9 WEST 57TH STREET, NEW YORK, NY, 1001998-1421933 FOREIGN PARTNERSHIP

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE RAETHER FAMILY CHARITABLE TRUST
    EIN:
    13-6855420
    Name of Stock End of Year Book Value End of Year Fair Market Value
    JPM ABSOLUTE RETURN FIXED INCOME 1,678,995 1,683,252
    SOUND SHORE FUND, INC. (LARGE VALUE) (56,693.790 SHS) 2,547,745 2,504,739

    TY 2018 LegalFeesSchedule
    Name:
    THE RAETHER FAMILY CHARITABLE TRUST
    EIN:
    13-6855420
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 18,888 0   18,888


    TY 2018 OtherAssetsSchedule
    Name:
    THE RAETHER FAMILY CHARITABLE TRUST
    EIN:
    13-6855420
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    BLUE RIDGE LIMITED PARTNERSHIP (RAETHER PARTNERSHIP, LP) 0 63,294 13,189
    MARSHALL WAVE (MW EUREKA FUND) (INVESTED 1/25/16) 600,110 608,935 683,649
    STEADFAST INTERNATIONAL LTD. 300,000 300,000 711,597
    KKR ASSOCIATES & AFFILIATES 16,698,123 18,228,521 21,461,805
    MADISON DEARBORN CAPITAL PARTNERS V, LP (MADISON MIDWEST II, LLC) 25,128 58,686 35,788
    MADISON DEARBORN CAPITAL PARTNERS VI, LP (MADISON MIDWEST II, LLC) 112,661 121,151 272,537
    MADISON DEARBORN CAPITAL PARTNERS VI, LP (MADISON MIDWEST II, LLC)I 247,862 286,272 368,482
    SAGEVIEW CAPITAL PARTNERS (A), LP (KKR GROUP INVESTMENTS II, LLC) 285,039 198,116 185,518
    SAGEVIEW CAPITAL PARTNERS II, LP (KKR GROUP INVESTMENTS II, LLC) 250,469 294,340 320,911


    TY 2018 OtherExpensesSchedule
    Name:
    THE RAETHER FAMILY CHARITABLE TRUST
    EIN:
    13-6855420
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FILING FEES 750 0   750
    BANK CHARGES AND FEES 10,351 10,351   0
    PORTFOLIO DEDUCTIONS - KKR ASSOCIATES 0 9,448   0
    PORTFOLIO DEDUCTIONS - MADISON MIDWEST II, LLC 0 14,607   0
    PORTFOLIO DEDUCTIONS - THE RAETHER PARTNERSHIP, LP 0 2,254   0
    INVESTMENT INTEREST - KKR ASSOCIATES 0 29,394   0
    INVESTMENT INTEREST - MADISON MIDWEST II, LLC 0 1,590   0
    INVESTMENT INTEREST - MW EUREKA (US) FUND 0 14,518   0


    TY 2018 OtherIncomeSchedule2
    Name:
    THE RAETHER FAMILY CHARITABLE TRUST
    EIN:
    13-6855420
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    KKR ASSOCIATES 0 264,969 0
    MADISON MIDWEST II LLC 0 34,639 0
    MARSHALL WAVE (MW EUREKA FUND) 8,825 0 8,825
    FEDERAL INCOME TAX REFUND 51,600 0 51,600
    SECTION 965(A) INCLUSION 0 4,426 0


    TY 2018 TaxesSchedule
    Name:
    THE RAETHER FAMILY CHARITABLE TRUST
    EIN:
    13-6855420
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX EXPENSE 185,000 0   0
    FOREIGN TAXES 0 4,841   0
    PAYROLL TAXES 949 0   949