| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 40,815 | 0 | 40,815 | 0 |
| Category | Amount |
|---|---|
| SEE STATEMENT 25. | 676,972 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990-PF, PART VII-B, LINE 5C: | THE IRS NOTIFIED THE FOUNDATION ON MAY 23, 2019 (SEE IRS DETERMINATION LETTER ATTACHED) THAT EFFECTIVE 01/01/2019 THE IRS WILL TREAT THE FOUNDATION AS A PUBLIC CHARITY DURING THE 60-MONTH ADVANCE RULING PERIOD. PUBLIC CHARITIES ARE NOT SUBJECT TO PRIVATE FOUNDATION EXPENDITURE RESPONSIBILITY RULES. THE FOUNDATION FULLY EXPECTS THAT IT WILL SATISFY THE PUBLIC CHARITY REQUIREMENTS OF IRC SECTION 507(B)(1)(B) AT THE END OF THE 60-MONTH ADVANCE RULING PERIOD. | |
| FORM 990-PF, PART VIII, COLUMN (D): | PART VIII, COLUMN (D) INCLUDES 401K, HEALTH AND LIFE INSURANCE, AND HEALTH SAVINGS ACCOUNT DEPOSITS. | |
| FORM 990-PF, PART IX-B, LINE 3 ALL OTHER PROGRAM-RELATED INVESTMENTS: | OTHER PROGRAM RELATED INVESTMENTS INCLUDE INVESTMENTS IN: CLOUD TO STREET PBC (DEVELOPED A FLOOD-MAPPING AND MONITORING SYSTEM DESIGNED TO PROTECT THE MOST VULNERABLE COMMUNITIES FROM NATURAL DISASTERS), DRIVERS' SEAT COOPERATIVE (A DRIVER-OWNED COOPERATIVE THAT EMPOWERS RIDE-HAIL DRIVERS AND ON-DEMAND DELIVERY WORKERS TO USE SHARED DATA OWNERSHIP TO MAKE THE GIG ECONOMY WORK BETTER FOR THEMSELVES AND THE COMMUNITIES THEY SERVE), KANPUR FLOWERCYCLING DBA PHOOL (A FOR-PROFIT INDIAN ENTERPRISE THAT EMPLOYS AT-RISK WOMEN FROM VULNERABLE DALIT COMMUNITIES TO UPCYCLE FLORAL WASTE INTO HIGH-MARGIN PRODUCTS SUCH AS INCENSE, ORGANIC COMPOST, AND A BIODEGRADABLE ALTERNATIVE TO STYROFOAM), KWANGU KWAKO LIMITED (BUILDS SAFE, AFFORDABLE CONCRETE STRUCTURES, INCLUDING CLASSROOMS AND RESIDENTIAL UNITS, THAT INCLUDE ELECTRICITY IN EVERY UNIT, AS WELL AS RUNNING WATER AND SANITATION FACILITIES THAT ARE EITHER SHARED AMONG A SMALL NUMBER OF UNITS, OR FULLY PRIVATE), AND WASH CYCLE LAUNDRY INC. (A TRIPLE-BOTTOM-LINE COMPANY SERVING THE MISSION-CRITICAL LAUNDRY NEEDS OF THE BUSINESSES AND INSTITUTIONS IN U.S. CITIES BY USING LAUNDRY TO CREATE A LAUNCHING PAD BACK INTO THE WORKFORCE FOR ADULTS RECOVERING FROM HISTORIES OF CHRONIC UNEMPLOYMENT, INCARCERATION, ADDICTION, AND OTHER BARRIERS TO EMPLOYMENT). | |
| FORM 990-PF, PART VI, LINE 9: | THE FOUNDATION WILL NOT BE MAKING A PAYMENT OF EXCISE TAX SHOWN ON LINE 9 OF PART VI BECAUSE THE FOUNDATION IS IN THE 60-MONTH TERMINATION PERIOD AND ELECTED NOT TO PAY EXCISE TAX BY FILING FORM 872-B. WE COULDN'T COMPLY WITH MANDATORY ELECTRONIC FILING REQUIREMENT WITHOUT SHOWING AN AMOUNT DUE ON THIS LINE. |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| INTERNATIONAL FINANCE CORP | 126,378 | 126,378 |
| TRUIST FINANCIAL CORP | 151,344 | 151,344 |
| CISCO SYSTEMS INC | 209,200 | 209,200 |
| AIR LEASE CORP | 227,560 | 227,560 |
| MARRIOTT INTERNATIONAL INC/MD | 126,390 | 126,390 |
| JOHN DEERE CAPITAL CORP | 227,979 | 227,979 |
| UNITED PARCEL SERVICE INC | 176,599 | 176,599 |
| AUTOZONE INC | 227,160 | 227,160 |
| BANK OF NEW YORK MELLON CORP | 302,936 | 302,936 |
| COOPERATIEVE RABOBANK UA/NY | 253,618 | 253,618 |
| PACCAR FINANCIAL CORP | 253,560 | 253,560 |
| GENERAL DYNAMICS CORP | 228,104 | 228,104 |
| CATERPILLAR INC | 127,314 | 127,314 |
| NEXTERA ENERGY CAPITAL HOLDINGS INC | 121,231 | 121,231 |
| TORONTO-DOMINION BANK | 228,369 | 228,369 |
| KREDITANSTALT FUER WIEDERAUFBAU | 125,840 | 125,840 |
| ABBVIE INC | 154,693 | 154,693 |
| CITIGROUP INC | 228,664 | 228,664 |
| BANK OF AMERICA CORP | 270,430 | 270,430 |
| BERKSHIRE HATHAWAY INC | 104,758 | 104,758 |
| LINDE INC/CT | 256,956 | 256,956 |
| CATERPILLAR FINANCIAL SERVICES CORP | 104,118 | 104,118 |
| UNION PACIFIC CORP | 234,178 | 234,178 |
| UNITEDHEALTH GROUP INC | 222,068 | 222,068 |
| NOVARTIS CAPITAL CORP | 257,666 | 257,666 |
| HONEYWELL INTERNATIONAL INC | 119,035 | 119,035 |
| JPMORGAN CHASE & CO | 214,495 | 214,495 |
| QUALCOMM INC | 238,417 | 238,417 |
| ADOBE INC | 181,358 | 181,358 |
| CHUBB INA HOLDINGS INC | 238,761 | 238,761 |
| DUKE ENERGY CAROLINAS LLC | 210,202 | 210,202 |
| HOME DEPOT INC | 105,558 | 105,558 |
| THERMO FISHER SCIENTIFIC INC | 212,345 | 212,345 |
| APPLE INC | 210,565 | 210,565 |
| ALLSTATE CORP | 240,365 | 240,365 |
| PFIZER INC | 266,756 | 266,756 |
| GILEAD SCIENCES INC | 265,048 | 265,048 |
| VERIZON COMMUNICATIONS INC | 142,750 | 142,750 |
| MICROSOFT CORP | 146,574 | 146,574 |
| PEPSICO INC | 220,646 | 220,646 |
| FORD MOTOR CREDIT CO LLC | 205,292 | 205,292 |
| CVS HEALTH CORP | 200,348 | 200,348 |
| TORONTO-DOMINION BANK | 305,016 | 305,016 |
| CITIGROUP INC | 260,451 | 260,451 |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST | 313,418 | 313,418 |
| GENERAL MOTORS FINANCIAL CO INC | 310,828 | 310,828 |
| ECOLAB INC | 213,497 | 213,497 |
| PERTAMINA PERSERO PT REGS | 216,239 | 216,239 |
| BAIDU INC | 325,681 | 325,681 |
| CHARTER COMMUNICATIONS OPERATI NG LLC / CHARTER COMMUNICATION | 225,588 | 225,588 |
| COMCAST CORP | 108,825 | 108,825 |
| GLENCORE FUNDING LLC REGS | 278,220 | 278,220 |
| KINROSS GOLD CORP | 346,593 | 346,593 |
| JPMORGAN CHASE & CO FXD TO 042023 VAR THRAFTR 3.5590% | 258,850 | 258,850 |
| BANK OF AMERICA CORP | 215,472 | 215,472 |
| LENNAR CORP | 220,876 | 220,876 |
| BOARDWALK PIPELINES LP | 262,796 | 262,796 |
| EASTMAN CHEMICAL CO | 336,909 | 336,909 |
| DXC TECHNOLOGY CO | 222,832 | 222,832 |
| EXELON GENERATION CO LLC | 229,555 | 229,555 |
| DUKE ENERGY PROGRESS LLC | 281,752 | 281,752 |
| AMERICAN TOWER CORP | 226,290 | 226,290 |
| VERIZON COMMUNICATIONS INC | 226,984 | 226,984 |
| ALLSTATE CORP | 226,310 | 226,310 |
| DISCOVERY COMMUNICATIONS LLC | 298,566 | 298,566 |
| MICRON TECHNOLOGY INC | 290,661 | 290,661 |
| WELLTOWER INC | 282,994 | 282,994 |
| EQUINIX INC | 345,510 | 345,510 |
| PROCTER & GAMBLE CO | 136,200 | 136,200 |
| UNILEVER CAPITAL CORP | 102,049 | 102,049 |
| HONEYWELL INTERNATIONAL INC | 153,055 | 153,055 |
| JOHNSON & JOHNSON | 125,805 | 125,805 |
| STATE STREET CORP | 127,626 | 127,626 |
| UNITEDHEALTH GROUP INC | 100,999 | 100,999 |
| AFRICAN DEVELOPMENT BANK | 151,878 | 151,878 |
| HOME DEPOT INC | 100,760 | 100,760 |
| KREDITANSTALT FUER WIEDERAUFBAU | 202,492 | 202,492 |
| PEPSICO INC | 151,175 | 151,175 |
| BANK OF AMERICA CORP | 126,530 | 126,530 |
| APPLE INC | 126,561 | 126,561 |
| GENERAL DYNAMICS CORP | 91,242 | 91,242 |
| CATERPILLAR FINANCIAL SERVICES CORP | 202,398 | 202,398 |
| BLACKROCK INC | 101,980 | 101,980 |
| WALMART INC | 126,801 | 126,801 |
| CITIGROUP INC | 102,138 | 102,138 |
| PACCAR FINANCIAL CORP | 102,956 | 102,956 |
| DUKE ENERGY CORP | 204,939 | 204,939 |
| CISCO SYSTEMS INC | 152,291 | 152,291 |
| KROGER CO | 153,654 | 153,654 |
| PFIZER INC | 132,653 | 132,653 |
| MICROSOFT CORP | 128,757 | 128,757 |
| BANK OF NEW YORK MELLON CORP | 155,115 | 155,115 |
| NOVARTIS CAPITAL CORP | 128,833 | 128,833 |
| QUALCOMM INC | 130,153 | 130,153 |
| JPMORGAN CHASE & CO | 159,084 | 159,084 |
| CHUBB INA HOLDINGS INC | 183,234 | 183,234 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| LEGACY VENTURES IV, LLC | FMV | 677,403 | 677,403 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE | 123,283 | 70,160 | 53,123 | 53,123 |
| EQUIPMENT | 47,033 | 33,047 | 13,986 | 13,986 |
| LEASEHOLD IMPROVEMENTS | 42,517 | 34,924 | 7,593 | 7,593 |
| INTANGIBLE ASSETS | 73,394 | 73,394 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 110,561 | 0 | 110,561 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| SECURITY DEPOSITS | 52,847 | 57,486 | 57,486 |
| INTEREST RECEIVABLE | 79,533 | 169,281 | 169,281 |
| AVANTI | 97,363 | 97,363 | 97,363 |
| BOXPOWER INC. | 150,000 | 150,000 | 150,000 |
| CLOUD TO STREET | 150,000 | 300,000 | 300,000 |
| FINCH THERAPEUTICS, INC | 150,000 | 150,000 | 150,000 |
| KANPUR FLOWERCYCLING | 155,048 | 302,398 | 302,398 |
| KINVOLVED, INC. | 325,329 | 375,329 | 375,329 |
| LANDED, INC | 150,000 | 150,000 | 150,000 |
| THE RENEWAL WORKSHOP, INC. | 200,000 | 200,000 | 200,000 |
| UPTRUST | 233,754 | 233,754 | 233,754 |
| VIA GLOBAL HEALTH, INC. | 150,000 | 150,000 | 150,000 |
| WASH CYCLE LAUNDRY, INC. | 150,000 | 179,622 | 179,622 |
| COWTRIBE TECHNOLOGY LIMITED | 200,000 | 200,000 | 200,000 |
| MACRO-EYES, INC. | 150,000 | 150,000 | 150,000 |
| MAFAMI PROPRIETARY LTD | 150,000 | 300,000 | 300,000 |
| MATONTINE, INC. | 150,000 | 150,000 | 150,000 |
| NUMIDA TECHNOLOGIES, INC. | 150,000 | 150,000 | 150,000 |
| SUYO PUBLIC BENEFIT CORP | 150,000 | 150,000 | 150,000 |
| JAZA ENERGY INC. | 0 | 150,000 | 150,000 |
| KWANGU KWAKO LIMITED | 0 | 150,000 | 150,000 |
| DRIVER'S SEAT COOPERATIVE | 0 | 150,000 | 150,000 |
| GENERAL MILLS INC | 0 | -125 | -125 |
| PROVINCE OF ONTARIO CANADA | 0 | -104 | -104 |
| Description | Amount |
|---|---|
| UNREALIZED (GAINS) LOSSES ON INVESTMENTS | 57,544 |
| PLEDGE PAYMENTS NETTED AGAINST REVENUE ON AFS | 1,200,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ENTREPRENEURIAL EXPENSES | 81,610 | 0 | 81,610 | 0 |
| MEALS & ENTERTAINMENT | 21,126 | 0 | 21,126 | 0 |
| DUES, SUBSCRIPTIONS & SOFTWARE | 61,611 | 0 | 61,611 | 0 |
| COMMUNICATIONS | 62,924 | 0 | 62,924 | 0 |
| OFFICE EXPENSES | 36,406 | 0 | 36,406 | 0 |
| MARKETING | 56,207 | 0 | 56,207 | 0 |
| STAFF TRAINING & DEVELOPMENT | 10,749 | 0 | 10,749 | 0 |
| COMPUTER SUPPLIES & EQUIPMENT | 15,035 | 0 | 15,035 | 0 |
| INSURANCE | 33,664 | 0 | 33,664 | 0 |
| WEBSITE | 5,096 | 0 | 5,096 | 0 |
| POSTAGE & DELIVERY | 4,067 | 0 | 4,067 | 0 |
| DRK EXPANSION | 10,070 | 0 | 10,070 | 0 |
| PASSTHROUGH DEDUCTIONS | 0 | 7,656 | 0 | 0 |
| EXEMPT FUNCTION EXPENSES EXCEEDING INCOME | 0 | 0 | -7,134,283 | 7,134,283 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PASSTHROUGH INCOME | 1,405 | 1,405 | |
| EXCISE TAX REFUND | 1,055 | 0 | |
| PASSTHROUGH INVESTMENT INCOME | 0 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| ACCRUED PAYROLL LIABILITIES | 51,180 | 67,758 |
| DEFERRED RENT | 64,661 | 86,811 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PROFESSIONAL FEES | 992,938 | 51,810 | 941,128 | 0 |