| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 46,110 | 35,966 | 10,144 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| TIFF SHORT TERM FUND | AT COST | 1,276,351 | 1,276,351 |
| TIFF KEYSTONE FUND, L.P | AT COST | 61,387,934 | 61,387,934 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 5,207 | 0 | 5,207 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EQUIPMENT | 4,306 | 0 | 4,306 | |
| TELEPHONE & INTERNET | 3,863 | 0 | 3,863 | |
| INFORMATION TECHNOLOGY | 21,080 | 0 | 21,080 | |
| OFFICE EXPENSES | 1,206 | 0 | 1,206 | |
| PARKING | 4,015 | 0 | 4,015 | |
| MISC. EXPENSES | 100 | 0 | 100 | |
| MEMBERSHIP DUES | 13,523 | 0 | 13,523 | |
| INSURANCE | 3,280 | 0 | 3,280 | |
| 401K ADMINISTRATION FEES | 3,050 | 0 | 3,050 | |
| PAYROLL PROCESSING & FSA FEES | 2,297 | 0 | 2,297 | |
| BANK SERVICE CHARGES | 134 | 0 | 134 | |
| AWARDS | 5,339 | 0 | 5,339 | |
| PORTFOLIO DEDUCTIONS FROM TIFF KEYSTONE FUND, LP | 0 | 489,012 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| TIFF KEYSTONE FUND, LP | 0 | 824,582 | 0 |
| RETURNED GRANTS | 218,659 | 0 | 218,659 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS | 6,557,484 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING | 750 | 0 | 750 | |
| INVESTMENT ADVISORY FEES | 20,757 | 20,757 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 15,347 | 475 | 14,872 | |
| FOREIGN TAXES | 0 | 3,932 | 0 | |
| FEDERAL EXCISE TAXES | 73,000 | 0 | 0 |