| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Audit Fees | 15,750 | 15,750 |
| 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 |
|---|
| Grantee's Name | Grantee's Address | Grant Date | Grant Amount | Grant Purpose | Amount Expended By Grantee | Any Diversion By Grantee? | Dates of Reports By Grantee | Date of Verification | Results of Verification |
|---|---|---|---|---|---|---|---|---|---|
|
UNIVERSITA DEGLI STUDI DI PAVIA |
CORSO STRADA NUOVA 65 PAVIA IT |
2012-11-20 | 25,000 | TO SUPPORT SCIENTIFIC RESEARCH | 25,000 | NO | SEE GENERAL EXPLANATION FOR DATES OF REPORTS | NO VERIFICATION WAS NECESSARY |
| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990PF, PART VII-B, LINE 5C-EXPENDITURE RESPONSIBILITY STATEMENT CONT. | PART VII-B, LINE 5C-EXPENDITURE RESPONSIBILITY STATEMENT (CONT'D) | GRANTEE'S NAME: UNIVERSITA DEGLI STUDI DI PAVIA GRANT DATE: 11/20/2012 ADDITIONAL DATES OF ANNUAL REPORTS: 1/10/14, 9/12/14, 5/15/15, 9/15/16, 5/12/17, 12/14/18, 6/12/19 All reporting obligations for this grant have been met; therefore, the Foundation will not include an expenditure responsibility report for this grant on its future Forms 990-PF. |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ACTAVIS FUNDING BD - 3.450% - | 1,009,270 | 1,025,930 |
| ALLERGAN PLC - 3.250% - 10/01/ | 30,995 | 30,888 |
| AMERICAN EXPRESS CO - 5.200% - | 142,950 | 148,688 |
| ANHEUSER-BUSCH - 3.650% - 02/0 | 1,092,990 | 1,130,122 |
| BANK AMER CORP - 4.125% - 01/2 | 833,970 | 831,251 |
| BANK OF AMERICA - 6.250% - 12/ | 165,150 | 166,434 |
| BANK OF AMERICA CORP JR SUBORD | 259,375 | 285,625 |
| BANK OF MONTREAL - 2.350% - 09 | 965,340 | 1,035,190 |
| BANK OF NOVA SCOTIA - 2.700% - | 999,810 | 1,102,550 |
| BP CAP MKTS PLC BOND - 3.224% | 997,860 | 1,073,470 |
| BROADCOM INC SER B - 4.700% - | 1,146,650 | 1,145,970 |
| CAPITAL ONE FINANCIAL - 3.900% | 1,094,920 | 1,095,380 |
| CAPITAL ONE FINL CORP NOTE - 3 | 766,158 | 755,085 |
| CITIGROUP INC - 5.950% - 12/29 | 253,750 | 262,400 |
| CITIGROUP INC BND - 3.300% - 0 | 1,247,492 | 1,441,647 |
| CITIGROUP INC BOND - 6.250% - | 255,625 | 286,740 |
| COMCAST CORP NOTE - 3.950% - 1 | 851,263 | 858,919 |
| FIFTH THIRD BANCORP BOND PERPE | 411,141 | 425,400 |
| GENERAL MTRS FINL CO INC NOTE | 1,088,710 | 1,096,490 |
| GENERAL MTRS FINL COINC BOND P | 258,125 | 260,000 |
| GOLDMAN SACHS GROUP INC DTD - | 991,010 | 1,001,860 |
| GOLDMAN SACHS PERP - 5.300% - | 163,155 | 163,833 |
| HOWARD UNIV SER 2020B - 1.991% | 40,998 | 40,685 |
| JPMORGAN CHASE & CO - 3.200% - | 1,523,969 | 1,588,384 |
| JPMORGAN CHASE & CO - 5.150% - | 252,500 | 258,130 |
| JPMORGAN CHASE NOTE - 4.625% - | 300,000 | 296,205 |
| ORACLE CORP - 2.950% - 04/01/2 | 1,135,380 | 1,114,933 |
| PNC FIN - 6.750% - 12/31/2049 | 166,188 | 153,713 |
| ROYAL BK CDA SER H - 1.150% - | 1,004,900 | 1,021,870 |
| SCHWAB CHARLES CORP - 0.000% - | 468,063 | 464,750 |
| SCHWAB CHARLES CORP PERPETUAL | 100,000 | 101,750 |
| STARBUCKS CORP COM - 3.550% - | 1,148,960 | 1,163,700 |
| VERIZON COMMUNICATIONS INC - 4 | 1,112,410 | 1,178,689 |
| WALT DISNEY - 2.300% - 02/12/2 | 750,713 | 751,313 |
| WELLS FARGO & CO NEW DEPOSITAR | 266,875 | 283,438 |
| WELLS FARGO - 3.550% - 09/29/2 | 1,024,530 | 1,120,299 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 3M CO | 714,305 | 873,950 |
| ABBOTT LABS | 465,646 | 656,940 |
| ACCENTURE PLC | 293,526 | 979,538 |
| ADOBE SYSTEMS, INC | 762,470 | 800,192 |
| ALIBABA GROUP HOLDING LTD | 581,595 | 512,006 |
| ALLIANZ AGIC CONVERTIBLE INS | 701,762 | 730,850 |
| ALPHABET INC CL A | 627,828 | 1,007,768 |
| AMAZON COM | 373,535 | 1,221,349 |
| AMERICAN WATER WORKS COMPANY I | 217,420 | 767,350 |
| AMGEN INC | 414,225 | 747,240 |
| ANALOG DEVICES INC | 269,270 | 960,245 |
| APPLE INC | 589,473 | 1,791,315 |
| ARTISAN SMALL CAP FD ADV | 527,254 | 551,264 |
| AVALONBAY CMNTYS INC | 468,138 | 481,290 |
| BANK OF AMERICA CORP | 597,667 | 727,440 |
| BARON INTERNATIONAL GROWTH FUN | 694,697 | 916,072 |
| BERKSHIRE HATHAWAY INC. CLASS | 515,521 | 927,480 |
| BLACKROCK INC | 242,449 | 901,925 |
| BLACKROCK TECHNOLOGY OPPORTUNI | 391,949 | 778,200 |
| BRISTOL-MYERS SQUIBB CO | 778,150 | 899,435 |
| BROADCOM INC | 667,744 | 985,163 |
| CHEVRON CORP | 671,899 | 591,150 |
| CISCO SYSTEMS INC | 792,097 | 805,500 |
| COLUMBIA MORTGAGE OPPORTUNITIE | 1,000,000 | 1,027,778 |
| COMCAST CORP | 555,155 | 655,000 |
| CONSTELLATION BRANDS INC | 668,188 | 766,675 |
| COSTCO WHOLESALE CORPORATION | 412,047 | 941,950 |
| CVS CAREMARK CORP | 498,810 | 601,040 |
| DIAMOND HILL CORPORATE CREDIT | 710,227 | 710,414 |
| DOMINION ENERGY INC | 616,763 | 752,000 |
| FACEBOOK INC | 731,526 | 1,092,640 |
| FASTENAL COMPANY | 254,142 | 610,375 |
| FEDERATED KAUFMANN SM CAP | 367,660 | 568,298 |
| FIDELITY ADVISOR HEALTH CARE C | 518,506 | 527,264 |
| FLAHERTY&CRUMRINE CLAYMORE P | 1,024,801 | 1,405,800 |
| GARMIN LTD | 400,039 | 598,300 |
| GENUINE PARTS COMPANY | 543,567 | 602,580 |
| GOLDMAN SACHS GROUP PFD SER J | 260,000 | 273,300 |
| HOME DEPOT INC | 233,281 | 796,860 |
| INTEL CORP | 936,441 | 934,125 |
| INTERCONTINENTAL EXCHANGE, INC | 632,905 | 979,965 |
| INVESCO OPPENHEIMER GLOBAL OPP | 558,055 | 617,077 |
| INVESCO PREFERRED ETF | 1,125,213 | 1,220,800 |
| JOHN HANCOCK INTERNATIONAL COR | 488,212 | 618,430 |
| JOHNSON & JOHNSON | 486,304 | 865,590 |
| JP MORGAN CHASE | 373,323 | 953,025 |
| JPMORGAN EMERGING MARKETS EQUI | 350,509 | 373,366 |
| KRAFT HEINZ CO | 431,641 | 519,900 |
| L3HARRIS TECHNOLOGIES | 597,120 | 567,060 |
| LOCKHEED MARTIN CORP | 451,721 | 709,960 |
| LOOMIS SAYLES GLOBAL ALLOCATIO | 572,371 | 554,128 |
| MATTHEWS ASIA-PACIFIC FUND | 569,106 | 762,920 |
| MERCK & CO INC | 516,193 | 899,800 |
| MFS INTERNATIONAL DIVERSIFICAT | 470,551 | 558,728 |
| MICROSOFT CORP | 180,152 | 1,334,520 |
| MONDELEZ INTERNATIONAL INC | 429,339 | 584,700 |
| MORGAN STANLEY INSTI FD TR MID | 555,273 | 577,572 |
| MORGAN STANLEY PFD SER E - 7.1 | 228,975 | 235,280 |
| MORGAN STANLEY PFD SER F - 6.8 | 202,894 | 213,750 |
| NEW PERSPECTIVE FUND, CLASS F | 527,644 | 696,069 |
| NEXTERA ENERGY, INC | 160,429 | 771,500 |
| NIKE INC-CL B | 188,433 | 848,820 |
| PAYCHEX | 446,132 | 931,800 |
| PEPSICO INC | 382,807 | 667,350 |
| PGIM GLOBAL TOTAL RETURN FUND | 502,632 | 502,646 |
| PIMCO DIVERSIFIED INCOME FUND | 1,075,673 | 1,092,978 |
| PIMCO FLOATING INCOME INSTITUT | 939,320 | 949,427 |
| PIMCO GNMA FD INSTITUTIONAL CL | 2,023,314 | 2,028,630 |
| PIMCO INCOME FUND | 2,724,922 | 2,713,427 |
| PIMCO MORTGAGE OPPORTUNITIES F | 332,195 | 331,742 |
| PIMCO UNCONSTRAINED TAX MANAGE | 725,877 | 750,228 |
| PNC FINANCIAL SERVICES PFD SER | 601,106 | 602,550 |
| PUBLIC STORAGE INC | 470,894 | 577,325 |
| RAYTHEON TECHNOLOGIES CORP | 524,028 | 607,835 |
| ROPER INDUSTRIES | 450,897 | 625,081 |
| SALESFORCE.COM | 770,804 | 712,096 |
| STARBUCKS CORP COM | 437,893 | 855,840 |
| STRYKER CORPORATION | 196,234 | 918,900 |
| T. ROWE PRICE EMERGING MARKETS | 307,323 | 377,341 |
| T. ROWE PRICE GROUP | 517,669 | 756,950 |
| TAIWAN SEMICONDUCTOR MFG CO LT | 263,043 | 1,417,520 |
| THE COCA-COLA CO | 374,313 | 438,720 |
| THERMO FISHER SCIENTIFIC INC | 551,306 | 931,560 |
| TJX COMPANIES INC | 415,349 | 546,320 |
| UNION PACIFIC | 271,078 | 728,770 |
| UNITEDHEALTH GROUP INC | 357,136 | 964,370 |
| V F CORP | 291,087 | 683,280 |
| VANGUARD INFORMATION TECHNOLOG | 388,999 | 1,238,265 |
| VANGUARD INTL GROWTH FD ADMIRA | 668,324 | 1,070,142 |
| VERIZON COMMUNICATIONS | 850,650 | 881,250 |
| VICTORY SMALL COMPANY OPPORTUN | 552,580 | 553,590 |
| VICTORY SYCAMORE ESTABLISHED V | 556,656 | 568,758 |
| VISA INC | 356,674 | 1,093,650 |
| WASTE MANAGEMENT INC | 612,502 | 648,615 |
| WELLS FARGO PFD 5.25% | 248,250 | 260,800 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| General Consultations | 1,878 | 1,878 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 96,240 | 96,240 | ||
| Bank Charges | 32 | 32 | ||
| Cell Phone Expense | 1,553 | 1,553 | ||
| Computers/Electronic Devices | 7,468 | 7,468 | ||
| Insurance Premiums | 15,442 | 15,442 | ||
| IT SUPPORT EXPENSES | 11,099 | 11,099 | ||
| Office Supplies | 1,290 | 1,290 | ||
| Payroll Processing Fees | 6,734 | 6,734 | ||
| Postage/Delivery Service | 891 | 891 | ||
| State or Local Filing Fees | 160 | 160 | ||
| Training & Professional Develo | 20 | 20 | ||
| Website Hosting/Support | 10,522 | 10,522 | ||
| FOUNDATION CREDIT CARD FEE | 95 | 95 | ||
| PROMOTIONAL ITEMS | 57,190 | 57,190 | ||
| EQUIVALENCY DETERMINATION FEES | 1,850 | 1,850 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Class Action Lawsuit Proceeds | 527 | 527 | |
| Federal Tax Refund | 11,037 | ||
| Foreign Tax Refunds | 779 | 779 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 426,970 | 426,970 | ||
| Website Development | 3,850 | 3,850 | ||
| PHOTO/VIDEO SERVICES | 2,400 | 2,400 | ||
| DESIGN SERVICES | 61,884 | 61,884 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2020 | 54,300 |