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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
The Kendeda Fund
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

20-6881642
B Telephone number (see instructions)

(800) 839-1754
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$160,471,478J 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) 26,772,593
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,844,266 1,844,266  
4 Dividends and interest from securities... 1,110,248 1,097,748  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,348,725
b Gross sales price for all assets on line 6a 63,011,212
7 Capital gain net income (from Part IV, line 2)... 29,700,477
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 79,291 79,291  
12 Total. Add lines 1 through 11........ 33,155,123 32,721,782  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 510,199 510,199    
14 Other employee salaries and wages...... 901,576     901,576
15 Pension plans, employee benefits....... 171,405     171,405
16a Legal fees (attach schedule)......... Click to see attachment 2,219 0 0 2,219
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 1,063,603     1,063,603
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 473,741 376    
19 Depreciation (attach schedule) and depletion... Click to see attachment 6,560    
20 Occupancy.............. 61,246     61,246
21 Travel, conferences, and meetings....... 54,112     54,112
22 Printing and publications.......... 14,054     14,054
23 Other expenses (attach schedule)....... Click to see attachment 226,801 93,860   132,883
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,485,516 604,435 0 2,401,098
25 Contributions, gifts, grants paid....... 62,039,859 62,039,859
26 Total expenses and disbursements. Add lines 24 and 25 65,525,375 604,435 0 64,440,957
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -32,370,252
b Net investment income (if negative, enter -0-) 32,117,347
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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.............      
2 Savings and temporary cash investments......... 30,429,916 26,901,616 26,901,616
3 Accounts receivable bullet621,008
Less: allowance for doubtful accounts bullet   46,697 621,008 621,008
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..........      
10a Investments—U.S. and state government obligations (attach schedule) 59,391,175 Click to see attachment54,500,452 57,611,506
b Investments—corporate stock (attach schedule)....... 22,495,203 Click to see attachment21,094,449 27,535,372
c Investments—corporate bonds (attach schedule)....... 48,682,313 Click to see attachment37,785,907 39,259,654
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 19,443,349 Click to see attachment7,221,694 8,526,952
14 Land, buildings, and equipment: basis bullet45,911
Less: accumulated depreciation (attach schedule) bullet34,924 17,547 Click to see attachment10,987 10,987
15 Other assets (describe bullet) Click to see attachment4,383 Click to see attachment4,383 Click to see attachment4,383
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 180,510,583 148,140,496 160,471,478
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) Click to see attachment3,425 Click to see attachment3,590
23 Total liabilities (add lines 17 through 22)......... 3,425 3,590
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 180,507,158 148,136,906
29 Total net assets or fund balances (see instructions)..... 180,507,158 148,136,906
30 Total liabilities and net assets/fund balances (see instructions). 180,510,583 148,140,496
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
180,507,158
2
Enter amount from Part I, line 27a .....................
2
-32,370,252
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
148,136,906
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
148,136,906
Form 990-PF (2020)
Form 990-PF (2020)
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 Publicly-traded Securities      
b Passthrough K1 Capital Gain/(Loss)      
c CARLSON BLACK DIAMOND ARBITRAGE LTD P 2016-06-29 2020-09-15
d CAPITAL LOSS ON FINAL DIST - CARLSON BDA      
e COHERENCE CAPITAL SPECTRUM FUND OFFSHORE, LTD P 2017-03-24 2020-10-19
CAPITAL GAIN ON FINAL DIST -IONIC VAF II      
RA CAPITAL HEALTHCARE INTL FUND LTD P 2019-01-31 2020-10-23
TWIN TREE CAPITAL OFFSHORE PARTNERS LP P 2016-09-01 2020-10-29
WALLEYE OPPORTUNITIES FUND, LTD P 2019-07-29 2020-10-02
(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 48,195,575   21,104,254 27,091,321
b       -707,048
c 591,274   0 591,274
d       -7
e 3,443,461   3,000,000 443,461
      574
3,396,265   2,000,000 1,396,265
3,816,685   3,000,000 816,685
3,567,952   3,500,000 67,952
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       27,091,321
b        
c       591,274
d        
e       443,461
       
      1,396,265
      816,685
      67,952
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 29,700,477
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
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 446,431
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 446,431
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 446,431
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 358,650
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 96,050
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 454,700
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 619
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 7,650
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet7,650 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
Yes
 
If "Yes," attach the statement required by General Instruction T.Click to see attachment
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)
    bulletGA
    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 2020 or the taxable year beginning in 2020? 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 (2020)
    Form 990-PF (2020)
    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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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 2020, 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
     
     
    ........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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    BARRY BERLIN - CIBC PVT WEALTH MGT Trustee
    10.0     		510,199 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
    DIANE IVES Fund Adviser
    40.0     		252,318 42,411  
    C/O KENDEDA FUND
    ATLANTA,GA303075518
    TIM STEVENS Fund Adviser
    40.0     		174,847 38,367  
    C/O KENDEDA FUND
    ATLANTA,GA303075518
    DENA KIMBALL Executive Director
    30.0     		160,000 9,967  
    C/O KENDEDA FUND
    ATLANTA,GA303075518
    TENE TRAYLOR Fund Adviser
    40.0     		156,485 15,000  
    C/O KENDEDA FUND
    ATLANTA,GA303075518
    Dennis Creech Fund Adviser
    40.0     		91,331 5,462  
    C/O KENDEDA FUND
    ATLANTA,GA303075518
    Total number of other employees paid over $50,000...................bullet 1
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    The Bridgespan Group Inc Philanthropic 192,000
    2 Copley Place Suite 3700B
    Boston,MA02116
    GreeneWorks Philanthropic 185,384
    3733 Warren Street NW
    Washington,DC20016
    Brotherton Strategies Inc Philanthropic 179,707
    1209 MONTE SANO AVE 13
    AUGUSTA,GA30904
    Navigate llC Philanthropic 130,500
    PO Box 1508
    Wilson,WY83014
    Foundation Source Administrative 105,500
    55 Walls drive 3rd floor
    FAIRFIELD,CT06824
    Total number of others receiving over $50,000 for professional services.............bullet2
    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 THE LIVING BUILDING PROJECT-A LIVING LEARNING LABORATORY FOR STUDENTS & FACULTY PROVIDING HANDS-ON EDUCATIONAL & RESEARCH OPPORTUNITES THAT WILL BE A MODEL REGIONALLY & GLOBALLY 23,613
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    129,156,209
    b
    Average of monthly cash balances.......................
    1b
    24,805,936
    c
    Fair market value of all other assets (see instructions)................
    1c
    20,455,319
    d
    Total (add lines 1a, b, and c).........................
    1d
    174,417,464
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    174,417,464
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,616,262
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    171,801,202
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    8,590,060
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    8,590,060
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    446,431
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    446,431
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    8,143,629
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    8,143,629
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    8,143,629
    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
    64,440,957
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    64,440,957
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    64,440,957
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 8,143,629
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:2018, 2017, 2016  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018...... 8,951,235
    e From 2019...... 52,302,485
    fTotal of lines 3a through e........ 61,253,720
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 64,440,957
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 8,143,629
    e Remaining amount distributed out of corpus 56,297,328
    5 Excess distributions carryover applied to 2020.    
    (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 5 117,551,048
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		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) .......     		26,772,593
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		90,778,455
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018.... 0
    d Excess from 2019.... 34,481,127
    e Excess from 2020.... 56,297,328
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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).)
    NONE
    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 (2020)
    Form 990-PF (2020)
    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
    350ORG
    PO BOX 843004
    BOSTON,MA02284     		N/A PC General & Unrestricted 500,000
    A SANCTUARY FOR MILITARY FAMILIES INC DBA PROJECT
    PO BOX 1563
    GRANBY,CO80446     		N/A PC General & Unrestricted 100,000
    A SANCTUARY FOR MILITARY FAMILIES INC DBA PROJECT
    PO BOX 1563
    GRANBY,CO80446     		N/A PC support for family camps and increased development capacity Initiative 225,000
    ABSAROKA BEARTOOTH WILDERNESS FOUNDATION
    PO BOX 392
    RED LODGE,MT59068     		N/A PC General organizational support and to support work to build and implement a development plan 18,000
    AFRICAN WOMEN HEALTH EDUCATION AND EMPOWERMENT CEN
    3550 CLARKSTON INDUSTRIAL BLVD STE
    CLARKSTON,GA30021     		N/A PC General & Unrestricted 5,000
    ALLIANCE FOR GUN RESPONSIBILITY FOUNDATION
    PO BOX 4187
    SEATTLE,WA98194     		N/A PC General & Unrestricted 100,000
    AMERICAN JEWISH WORLD SERVICE INC
    45 W 36TH ST 11TH FL
    NEW YORK,NY10018     		N/A PC Addressing Gender Inequality as the Root Cause of Child, Early and Forced Marriage 4,700,000
    AMERICAN RIVERS INC
    1100 14TH ST NW STE 1400
    WASHINGTON,DC20005     		N/A PC American Rivers Northern Rockies office 20,000
    ARLEE COMMUNITY DEVELOPMENT CORPORATION
    PO BOX 452
    ARLEE,MT59821     		N/A PC coronovirus response fund 15,000
    ATHENS LAND TRUST INC
    685 N POPE ST
    ATHENS,GA30601     		N/A PC Historic West Broad School development project 333,333
    ATLANTA EDUCATIONAL TELECOMMUNICATIONS COLLABORATI
    740 BISMARK RD NE
    ATLANTA,GA30324     		N/A PC General & Unrestricted 100,000
    ATLANTA JEWISH FILM SOCIETY INC
    1800 PEACHTREE ST NW STE 830
    ATLANTA,GA30309     		N/A PC General & Unrestricted 75,000
    ATLANTA LAND TR INC
    112 KROG ST NE STE 14
    ATLANTA,GA30307     		N/A PC General & Unrestricted 250,000
    ATLANTA LAND TR INC
    112 KROG ST NE STE 14
    ATLANTA,GA30307     		N/A PC Land acquisition fund 895,000
    ATLANTA PARTNERSHIP OF BUSINESS AND EDUCATION INC
    130 TRINITY AVE SW
    ATLANTA,GA30303     		N/A PC To support the Chief Equity and Social Justice Officer position and the launch of the Equity and Social Justice Office 125,000
    ATLANTA REGIONAL COMMISSION
    229 PEACHTREE ST NE STE 100
    ATLANTA,GA30303     		N/A PC Transformation Alliance for general operating support 100,000
    ATLANTA VOLUNTEER LAWYERS FOUNDATION INC
    235 PEACHTREE ST S1750 N TOWER
    ATLANTA,GA30303     		N/A PC Business is Black Campaign/Covid-19 Recovery program 125,000
    ATLANTA WEALTH BUILDING INITIATIVE INC
    191 PEACHTREE ST NE STE 1000
    ATLANTA,GA30303     		N/A PC Business is BlackCampaign/Covid-19 Recovery program 25,000
    B LAB COMPANY
    15 WATERLOO AVE
    BERWYN,PA19312     		N/A PC public relations capacity 150,000
    BACKCOUNTRY HUNTERS AND ANGLERS
    PO BOX 9257
    MISSOULA,MT59807     		N/A PC Montana Coordinator position Program 40,000
    BACKCOUNTRY HUNTERS AND ANGLERS
    PO BOX 9257
    MISSOULA,MT59807     		N/A PC BHA's Armed Forces Initiative 80,000
    BLACK TEACHER COLLABORATIVE INCORPORATED
    2170 BLVD GRANADA SW
    ATLANTA,GA30311     		N/A PC General & Unrestricted 125,000
    BLACKFEET COMMUNITY COLLEGE
    PO BOX 819
    BROWNING,MT59417     		N/A PC Native Science Field Center 50,000
    BLACKFEET COMMUNITY COLLEGE
    PO BOX 819
    BROWNING,MT59417     		N/A PC to purchase 160 acres adjacent to the College 75,000
    BLACKFOOT CHALLENGE INC
    PO BOX 103
    OVANDO,MT59854     		N/A PC general support and to support Strategic Plan revision process 45,000
    BLACKFOOT PATHWAYS SCULPTURE IN THE WILD
    PO BOX 712
    LINCOLN,MT59639     		N/A PC Blackfoot Pathways: Sculpture in the Wild Artist-in-Residence and Education Program 40,000
    BLACKFOOT PATHWAYS SCULPTURE IN THE WILD
    PO BOX 712
    LINCOLN,MT59639     		N/A PC to support the Phillip Aaberg musical composition commission project in honor of Paul Roos and the Blackfoot Valley 10,000
    BOYS AND GIRLS CLUB OF LODGE GRASS
    PO BOX 454
    LODGE GRASS,MT59050     		N/A PC General & Unrestricted 20,000
    BOYS AND GIRLS CLUB OF THE NORTHERN CHEYENNE NATIO
    PO BOX 309
    LAME DEER,MT59043     		N/A PC General & Unrestricted 100,000
    BOZEMAN PUBLIC LIBRARY FOUNDATION INC
    626 E MAIN ST
    BOZEMAN,MT59715     		N/A PC library expansion project for public engagement and conceptual design 55,000
    CAPITAL FOR GOOD
    1536 E LANCASTER AVE
    PAOLI,PA19301     		N/A PC Girls First Fund 1,000,000
    CENTER FOR AMERICAN PROGRESS
    1333 H ST NW 10TH FL
    WASHINGTON,DC20005     		N/A PC Gun Violence Prevention: Putting Policy Into Action 200,000
    CENTER FOR CIVIC INNOVATION INC
    135 AUBURN AVE NE STE 222
    ATLANTA,GA30303     		N/A PC General & Unrestricted 210,000
    CENTER FOR CIVIC INNOVATION INC
    135 AUBURN AVE NE STE 222
    ATLANTA,GA30303     		N/A PC EMPWRD and Canopy Atlanta 125,000
    CENTER FOR DEMOCRACY IN THE AMERICAS
    PO BOX 53106
    WASHINGTON,DC20009     		N/A PC General & Unrestricted 30,000
    CENTER FOR LAND REFORM INC
    111 E COURT ST STE 2C1
    FLINT,MI48502     		N/A PC Georgia expansion program 75,000
    CENTER POLE
    PO BOX 71
    GARRYOWEN,MT59031     		N/A PC to support the food distribution work of The Center Pole at a time of increased coronovirus related demand for your services 20,000
    CENTRO DE COMUNIDAD Y JUSTICIA INC
    4696 W OVERLAND RD STE 226
    BOISE,ID83705     		N/A PC General & Unrestricted 5,000
    CHRIS 180 INC
    1030 FAYETTEVILLE RD SE
    ATLANTA,GA30316     		N/A PC General & Unrestricted 100,000
    CLARK FORK COALITION
    PO BOX 7593
    MISSOULA,MT59807     		N/A PC General & Unrestricted 25,000
    COLORADO STATE UNIVERSITY FOUNDATION
    PO BOX 1870
    FORT COLLINS,CO80522     		N/A PC Charitable Event 1,000
    COMMON FUTURE
    2323 BROADWAY
    OAKLAND,CA94612     		N/A PC General & Unrestricted 400,000
    COMMON FUTURE
    2323 BROADWAY
    OAKLAND,CA94612     		N/A PC fundraising capacity efforts 30,000
    COMMON FUTURE
    2323 BROADWAY
    OAKLAND,CA94612     		N/A PC Operating Reserve Fund 208,310
    COMMONWISE EDUCATION INC
    2431 MORRIS AVE
    BRONX,NY10468     		N/A PC Bronx Cooperative Development Initiative 300,000
    COMMONWISE EDUCATION INC
    2431 MORRIS AVE
    BRONX,NY10468     		N/A PC Bronx Cooperative Development Initiative 30,000
    COMMUNICATIONS NETWORK
    1717 N NAPER BLVD STE 102
    NAPERVILLE,IL60563     		N/A PC to support V and V+ programs 20,000
    COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE I
    151 ELLIS ST NE
    ATLANTA,GA30303     		N/A PC Tipping Point - digging up the roots of child marriage 1,265,624
    CROSSROADS COMMUNITY FOOD NETWORK INC
    6930 CARROLL AVE STE 426
    TAKOMA PARK,MD20912     		N/A PC General & Unrestricted 2,500
    DEMOCRACY AT WORK INSTITUTE
    1904 FRANKLIN ST STE 400
    OAKLAND,CA94612     		N/A PC Legacy Business Investment Fund Setup and Launch 300,000
    DEMOCRACY COLLABORATIVE FOUNDATION INC
    1422 EUCLID AVE STE 1652
    CLEVELAND,OH44115     		N/A PC General & Unrestricted 750,000
    DESIGNING JUSTICE & DESIGNING SPACES
    2744 E 11TH ST UNIT H03
    OAKLAND,CA94601     		N/A PC General & Unrestricted 800,000
    EARTHJUSTICE
    50 CALIFORNIA ST STE 500
    SAN FRANCISCO,CA94111     		N/A PC Northern Rockies office 50,000
    EDUCATIONAL FUND TO STOP GUN VIOLENCE
    805 15TH ST NW STE 410
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 150,000
    EMERALD CITIES COLLABORATIVE INC
    1140 CONNECTICUT AVE NW STE 900
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 400,000
    EMERALD CITIES COLLABORATIVE INC
    1140 CONNECTICUT AVE NW STE 900
    WASHINGTON,DC20036     		N/A PC Anchor Collaborative Network Assessment 20,000
    ENTERPRISE COMMUNITY PARTNERS INC
    11000 BROKEN LAND PKWY STE 700
    COLUMBIA,MD21044     		N/A PC National Initiatives and Southeast Regional Office 1,000,000
    EQUAL JUSTICE INITIATIVE
    122 COMMERCE ST
    MONTGOMERY,AL36104     		N/A PC to support companion guides for education and outreach efforts related to Just Mercy - feature film and True Justice - documentary or related activity 250,000
    EVERGREEN COOPERATIVE CORPORATION
    4205 ST CLAIR AVE
    CLEVELAND,OH44103     		N/A PC The Fund for Employee Ownership 508,333
    EVERGREEN COOPERATIVE CORPORATION
    4205 ST CLAIR AVE
    CLEVELAND,OH44103     		N/A PC travel fund for communications work in 2020 5,000
    EVERY STUDENT EVERY COMMUNITY INC
    112 KROG ST NE STE 19
    ATLANTA,GA30307     		N/A SO I General & Unrestricted 1,200,000
    FAITH IN ACTION NETWORK
    171 SANTA ROSA AVE
    OAKLAND,CA94610     		N/A PC LIVE FREE Peacemaker Project 100,000
    FAST BLACKFEET
    PO BOX 2460
    BROWNING,MT59417     		N/A PC to support your organization at a time of increased coronovirus related demand 20,000
    FAST BLACKFEET
    PO BOX 2460
    BROWNING,MT59417     		N/A PC to purchase a refrigerated cargo van for food distribution 5,000
    FORGE FOUNDATION INC
    9480 BYRON AVE
    SURFSIDE,FL33154     		N/A PC General & Unrestricted 50,000
    FORWARD MT FOUNDATION
    136 E BROADWAY ST STE 1
    MISSOULA,MT59802     		N/A PC General & Unrestricted 100,000
    FORWARD MT FOUNDATION
    136 E BROADWAY ST STE 1
    MISSOULA,MT59802     		N/A PC general support, coordinator position, field organizer position, and challenge grant program 5,000
    FRIDA THE YOUNG FEMINIST FUND
    215 SPADINA AVE STE 225
    TORONTA,ONTARIOMST 2-C7
    CA     		N/A PC General & Unrestricted 300,000
    FRIENDS OF THE MISSOURI BREAKS MONUMENT
    PO BOX 1932
    HELENA,MT59624     		N/A PC TO SUPPORT IMPLEMENTATION OF THE ADVOCACY PLAN 10,000
    FROM THE HEART PRODUCTIONS INC
    1013 HARBOR BLVD 53
    OXNARD,CA93035     		N/A PC to support the film: When They Were Here 10,000
    FUTURE WEST
    PO BOX 1253
    BOZEMAN,MT59771     		N/A PC High Divide Capacity and Successful Communities Program 100,000
    GALLATIN VALLEY LAND TRUST
    PO BOX 7021
    BOZEMAN,MT59771     		N/A PC General & Unrestricted 125,000
    GALLATIN VALLEY LAND TRUST
    PO BOX 7021
    BOZEMAN,MT59771     		N/A PC organizational leadership Initiative 10,000
    GEORGIA BUDGET AND POLICY INSTITUTE INC
    50 HURT PLZ SE STE 720
    ATLANTA,GA30303     		N/A PC General & Unrestricted 125,000
    GEORGIA BUDGET AND POLICY INSTITUTE INC
    50 HURT PLZ SE STE 720
    ATLANTA,GA30303     		N/A PC Annual policy conference, Insights 2020: Weighing Opportunity at The Georgia Freight Depot 5,000
    GEORGIA CENTER FOR NONPROFITS INC
    100 PEACHTREE ST NW STE 1500
    ATLANTA,GA30303     		N/A PC General Support for COVID-19 response 50,000
    GEORGIA INTERFAITH POWER AND LIGHT
    PO BOX 286
    DECATUR,GA30031     		N/A PC General & Unrestricted 120,000
    GEORGIA JUSTICE PROJECT INC
    438 EDGEWOOD AVE SE
    ATLANTA,GA30312     		N/A PC General & Unrestricted 1,700,000
    GEORGIA ORGANICS INC
    200 OTTLEY DR NE STE A
    ATLANTA,GA30324     		N/A PC The Farmer Fund 10,000
    GIFFORDS LAW CENTER TO PREVENT GUN VIOLENCE
    268 BUSH ST STE 555
    SAN FRANCISCO,CA94104     		N/A PC General & Unrestricted 100,000
    GIRLS GARAGE
    1380 10TH ST
    BERKELEY,CA94710     		N/A PC General & Unrestricted 140,000
    GIRLS NOT BRIDES THE GLOBAL PARTNERSHIP TO END CH
    50 BROOK GREEN BLDG 5 1ST FL
    LONDON   W6 7BJ
    UK     		N/A PC General & Unrestricted 500,000
    GIRLTREK INCORPORATED
    1800 WYOMING AVE NW FL 2
    WASHINGTON,DC20009     		N/A PC General & Unrestricted 10,000
    GLACIER-TWO MEDICINE ALLIANCE INC
    PO BOX 181
    E GLACIER PK,MT59434     		N/A PC General & Unrestricted 15,000
    GLASS ART SOCIETY INC
    2208 NW MARKET ST STE 200
    SEATTLE,WA98107     		N/A PC Emergency Relief Fund - support for artists in Maryland, Washington DC, and Virginia 2,500
    GLOBAL FUND FOR WOMEN INC
    800 MARKET ST 7TH FL
    SAN FRANCISCO,CA94102     		N/A PC South Asia Young Women's Leadership and Mentoring Initiative 886,806
    GLOBAL GREENGRANTS FUND INC
    2840 WILDERNESS PL STE A
    BOULDER,CO80301     		N/A PC General & Unrestricted 200,000
    GRASSROOTS GLOBAL JUSTICE
    7000 CARROLL AVE STE 200
    TAKOMA PARK,MD20912     		N/A PC General & Unrestricted 75,000
    GREATER WASHINGTON EDUCATIONAL TELECOMMUNICATIONS
    3939 CAMPBELL AVE
    ARLINGTON,VA22206     		N/A PC PBSNewshour for Searching for Justice, a multi-platform journalism project to create compelling and impactful storylines about criminal justice reform 1,000,000
    GREATER YELLOWSTONE COALITION INC
    215 S WALLACE AVE
    BOZEMAN,MT59715     		N/A PC General & Unrestricted 50,000
    GREEN BUILT ALLIANCE
    PO BOX 17026
    ASHEVILLE,NC28816     		N/A PC to advance regenerative design 140,000
    GREENSPACES
    63 E MAIN ST
    CHATTANOOGA,TN37408     		N/A PC to advance regenerative design 140,000
    GREYSTON FOUNDATION INC
    21 PARK AVE
    YONKERS,NY10703     		N/A PC Open Hiring Program 400,000
    GRIST MAGAZINE INC
    1201 WESTERN AVE STE 410
    SEATTLE,WA98101     		N/A PC Environmental Justice work and Special Initiatives 250,000
    GROVE PARK FOUNDATION INC
    1566 DONALD LEE HOLLOWELL PKWY NW S
    ATLANTA,GA30318     		N/A PC Grove Park Revitalization Phase II 2,400,000
    GUNSDOWN INC
    718 7TH ST NW
    WASHINGTON,DC20001     		N/A PC General & Unrestricted 125,000
    HACK AUGUSTA
    100 GRACE HOPPER LN
    AUGUSTA,GA30901     		N/A PC Code Boot Camp @theClubhou.se a 12-week immersive program 20,000
    HAVEN
    PO BOX 752
    BOZEMAN,MT59771     		N/A PC capital campaign for a new Shelter for Survivors of Domestic Violence 1,000,000
    HAVEN
    PO BOX 752
    BOZEMAN,MT59771     		N/A PC in support of covid-19 response including hotel room purchases for survivors and loved ones 30,000
    HEADWATERS ECONOMICS INC
    PO BOX 7059
    BOZEMAN,MT59771     		N/A PC General & Unrestricted 105,000
    HEALTHY BUILDING NETWORK
    1710 CONNECTICUT AVE NW 4TH FL
    WASHINGTON,DC20009     		N/A PC Home Free program 250,000
    HEART OF THE ROCKIES INITIATIVE
    120 HICKORY ST STE B
    MISSOULA,MT59801     		N/A PC High Divide Collaborative Project 50,000
    HIGH COUNTRY NEWS
    PO BOX 1090
    PAONIA,CO81428     		N/A PC General & Unrestricted 20,000
    HIGHER GROUND SUN VALLEY INC
    PO BOX 6791
    KETCHUM,ID83340     		N/A PC Higher Ground Military Program 150,000
    HIGHLANDER RESEARCH & EDUCATION CENTER INC
    1959 HIGHLANDER WAY
    NEW MARKET,TN37820     		N/A PC Grantmakers for Southen Progress for General Operating Support fund 100,000
    HITCHCOCK CENTER FOR THE ENVIRONMENT INC
    845 W ST
    AMHERST,MA01002     		N/A PC General & Unrestricted 10,000
    HOPA MOUNTAIN INC
    PO BOX 10892
    BOZEMAN,MT59719     		N/A PC IN SUPPORT OF STRENGTHENING THE CIRCLE, INDIGENOUS SCHOLARS AND THE MSU RESEARCH PROJECTS 130,000
    HOPA MOUNTAIN INC
    PO BOX 10892
    BOZEMAN,MT59719     		N/A PC to support Beauchamp Kitchen and the Wolf Point Pantry response to increased demand for their services as a result of the coronovirus 20,000
    HOPA MOUNTAIN INC
    PO BOX 10892
    BOZEMAN,MT59719     		N/A PC Small Grants Programs for Strengthening the Circle 60,000
    HOPA MOUNTAIN INC
    PO BOX 10892
    BOZEMAN,MT59719     		N/A PC Lake County Community Development Corporation in support of the Farmers to Families food box program 10,000
    HUMAN RESOURCE DEVELOPMENT COUNCIL OF DISTRICT IX
    32 S TRACY AVE
    BOZEMAN,MT59715     		N/A PC Bridger View Redevelopment fund 1,029,700
    HUMAN RESOURCE DEVELOPMENT COUNCIL OF DISTRICT IX
    32 S TRACY AVE
    BOZEMAN,MT59715     		N/A PC Livingston Warming Shelter 43,000
    HUMAN RESOURCE DEVELOPMENT COUNCIL OF DISTRICT IX
    32 S TRACY AVE
    BOZEMAN,MT59715     		N/A PC Headwaters Community Housing Trust's organizational launch 55,000
    I C A GROUP INCORPORATED
    136 W ST STE 1
    NORTHAMPTON,MA01060     		N/A PC Fund for Jobs Worth Owning 3,000,000
    I C A GROUP INCORPORATED
    136 W ST STE 1
    NORTHAMPTON,MA01060     		N/A PC operating support fund for the cooperative work at ICA 850,000
    I C A GROUP INCORPORATED
    136 W ST STE 1
    NORTHAMPTON,MA01060     		N/A PC travel fund for communications work 5,000
    IMPACT UNITED METHODIST CHURCH
    PO BOX 11154
    ATLANTA,GA30310     		N/A PC General & Unrestricted 1,000
    INDUSTRIAL COMMONS
    PO BOX 71
    MORGANTON,NC28680     		N/A PC COVID- response fund and PPE manufacturing 250,000
    INDUSTRIAL COMMONS
    PO BOX 71
    MORGANTON,NC28680     		N/A PC Just Markets Initiative - Worker Wear Line program 200,000
    INICIATIVA GUATEMALA
    PO BOX 1153
    BEALETON,VA22712     		N/A PC General & Unrestricted 5,000
    INTERNATIONAL LIVING FUTURE INSTITUTE
    1501 E MADISON ST STE 150
    SEATTLE,WA98122     		N/A PC general operations fund and costs associated with the executive transition 500,000
    INTERNATIONAL WOMENS HEALTH COALITION
    333 7TH AVE
    NEW YORK,NY10001     		N/A PC General & Unrestricted 500,000
    KENNESAW STATE UNVERSITY RESEARCH AND SERVICE FOUN
    3391 TOWN POINT DR STE 4530 MD 9101
    KENNESAW,GA30144     		N/A SO I General & Unrestricted 100,000
    KIPP METRO ATLANTA COLLABORATIVE INC
    1445 MAYNARD RD NW
    ATLANTA,GA30331     		N/A PC General & Unrestricted 200,000
    LATINO COMMUNITY FUND INC
    50 HURT PLZ SE STE 1434
    ATLANTA,GA30303     		N/A PC General & Unrestricted 25,000
    LIBBY K-12 SCHOOLS
    724 LOUISIANA AVE
    LIBBY,MT59923     		N/A GOV Kootenai Outdoor Adventure Program 13,000
    LIFECYCLE BUILDING CENTER INC
    PO BOX 7661
    ATLANTA,GA30357     		N/A PC Reclaiming Our Future Campaign 500,000
    LIVINGSTON EDUCATION FOUNDATION
    PO BOX 14
    LIVINGSTON,MT59047     		N/A PC Park High School Green Team's Solar Project 16,000
    LIVINGSTON FOOD PANTRY OF PARK COUNTY
    202 S 2ND ST
    LIVINGSTON,MT59047     		N/A PC General & Unrestricted 50,000
    LIVINGSTON FOOD PANTRY OF PARK COUNTY
    202 S 2ND ST
    LIVINGSTON,MT59047     		N/A PC Covid-19 related emergency fund response 10,000
    LIVINGSTON FOOD PANTRY OF PARK COUNTY
    202 S 2ND ST
    LIVINGSTON,MT59047     		N/A PC Food Resource Center's Coronovirus Relief Fund 45,000
    MASS DESIGN GROUP
    1 CHANDLER ST FL 1
    BOSTON,MA02116     		N/A PC Catalyst Fund 750,000
    MASS DESIGN GROUP
    1 CHANDLER ST FL 1
    BOSTON,MA02116     		N/A PC to establish and build an operating reserve 430,000
    MASSACHUSETTS INSTITUTE OF TECHNOLOGY
    BLDG 11-3200 77 MASSACHUSETTS ave
    CAMBRIDGE,MA02139     		N/A PC Community Innovators Lab 750,000
    MEDIA IMPACT FUNDERS INC
    200 W WASHINGTON SQ STE 220
    PHILADELPHIA,PA19106     		N/A PC General & Unrestricted 5,000
    MEDSHARE INTERNATIONAL
    3240 CLIFTON SPRINGS RD
    DECATUR,GA30034     		N/A PC General Support and COVID-19 response and recovery fund 75,000
    MINNESOTA PUBLIC RADIO
    480 CEDAR ST
    SAINT PAUL,MN55101     		N/A PC Marketplace Radio and Sustainability Desk Program 437,239
    MISSION INVESTORS EXCHANGE INC
    105 W 86TH ST NO 358
    NEW YORK,NY10024     		N/A PC Charitable Event 12,500
    MONTANA COMMUNITY FOUNDATION INC
    PO BOX 1145
    HELENA,MT59624     		N/A PC Montana Covid Relief Fund, which supports Montana's rural and tribal communities adversely affected by the COVID-19 pandemic 20,000
    MONTANA CONSERVATION CORPS INC
    301 N WILLSON AVE
    BOZEMAN,MT59715     		N/A PC Diversity, Equity and Inclusion Program 100,000
    MONTANA CONSERVATION VOTERS EDUCATION FUND
    PO BOX 853
    BILLINGS,MT59103     		N/A PC General & Unrestricted 100,500
    MONTANA ENVIRONMENTAL INFORMATION CENTER INC
    PO BOX 1184
    HELENA,MT59624     		N/A PC General & Unrestricted 20,000
    MONTANA HUMAN RIGHTS NETWORK INC
    PO BOX 1509
    HELENA,MT59624     		N/A PC Equality Montana Base Building fund 50,000
    MONTANA NATURAL HISTORY CENTER INC
    120 HICKORY ST STE A
    MISSOULA,MT59801     		N/A PC Visiting Naturalist in the Schools Program 40,000
    MONTANA OUTDOOR HALL OF FAME
    PO BOX 1005
    HELENA,MT59624     		N/A PC General & Unrestricted 1,000
    MONTANA OUTDOOR SCIENCE SCHOOL
    PO BOX 502
    BOZEMAN,MT59771     		N/A PC General & Unrestricted 50,000
    MONTANA OUTDOOR SCIENCE SCHOOL
    PO BOX 502
    BOZEMAN,MT59771     		N/A PC strategic planning and executive coaching initiative 4,000
    MONTANA RACIAL EQUITY PROJECT
    PO BOX 11885
    BOZEMAN,MT59719     		N/A PC General & Unrestricted 10,000
    MONTANA STATE UNIVERSITY FOUNDATION
    PO BOX 172750
    BOZEMAN,MT59717     		N/A PC MSU American Indian Student Center 1,000,000
    MONTANA STATE UNIVERSITY FOUNDATION
    PO BOX 172750
    BOZEMAN,MT59717     		N/A PC American Indian Hall Program 250,000
    MONTANA WATERSHED COORDINATION COUNCIL INC
    PO BOX 1416
    HELENA,MT59624     		N/A PC Watershed Coordinator position and the Watershed Fund 45,000
    MONTANA WILDERNESS ASSOCIATION INC
    80 S WARREN ST
    HELENA,MT59601     		N/A PC General & Unrestricted 130,000
    MONTANA WILDERNESS ASSOCIATION INC
    80 S WARREN ST
    HELENA,MT59601     		N/A PC Badger II Medicine Coalition Campaign 78,750
    MONTANA WILDERNESS SCHOOL
    PO BOX 1183
    BOZEMAN,MT59771     		N/A PC general support and to support your development coordinator position 45,000
    MONTANA WILDLIFE FEDERATION
    PO BOX 1175
    HELENA,MT59624     		N/A PC to support the Western Montana coordinator position and digital outreach program 40,000
    MONTANA WILDLIFE FEDERATION
    PO BOX 1175
    HELENA,MT59624     		N/A PC Crazy Mountain Working Group program 5,000
    MOUNTAIN MAMAS
    321 E MAIN ST STE 324
    BOZEMAN,MT59715     		N/A PC General & Unrestricted 30,000
    MOVEMENT STRATEGY CENTER
    436 14TH ST 5TH FL
    OAKLAND,CA94612     		N/A PC Just Transitions Initiative 1,000,000
    MOVEMENT STRATEGY CENTER
    436 14TH ST 5TH FL
    OAKLAND,CA94612     		N/A PC Climate Justice Alliance 700,000
    NACDC FINANCIAL SERVICES INC
    101 PATA ST
    BROWNING,MT59417     		N/A PC General & Unrestricted 25,000
    NATIONAL FOREST FOUNDATION
    BLDG 27 STE 3 FORT MISSOULA RD
    MISSOULA,MT59804     		N/A PC '50 million For Our Forests Campaign' in Montana 25,000
    NATIONAL NATIVE AMERICAN BOARDING SCHOOL HEALING C
    2525 E FRANKLIN AVE STE 120
    MINNEAPOLIS,MN55406     		N/A PC implementation of 10-year strategic plan 1,250,000
    NATIONAL PARKS CONSERVATION ASSOCIATION
    777 6TH ST NW STE 700
    WASHINGTON,DC20001     		N/A PC Glacier Field Office 90,000
    NATIONAL PARKS CONSERVATION ASSOCIATION
    777 6TH ST NW STE 700
    WASHINGTON,DC20001     		N/A PC in support of NPCA's Veterans Program 125,000
    NATIONAL WILDLIFE FEDERATION
    240 N HIGGINS AVE STE 2
    MISSOULA,MT59802     		N/A PC General & Unrestricted 5,000
    NATIONAL WILDLIFE FEDERATION
    240 N HIGGINS AVE STE 2
    MISSOULA,MT59802     		N/A PC to support travel and attendee expenses associated with the tribal wildlife managers convening to discuss bison reintroduction in 2020 6,000
    NATIONAL WILDLIFE FEDERATION
    240 N HIGGINS AVE STE 2
    MISSOULA,MT59802     		N/A PC Wildlife Conflict Reduction Program 25,000
    NEIGHBORS ALLIED FOR GOOD GROWTH INC
    240 KENT AVE STE 2B8
    BROOKLYN,NY11249     		N/A PC State of the Vote Project 10,000
    NEVER ALONE RECOVERY SUPPORT SERVICES
    PO BOX 383
    RONAN,MT59864     		N/A PC Charitable Event 10,000
    NEVER ALONE RECOVERY SUPPORT SERVICES
    PO BOX 383
    RONAN,MT59864     		N/A PC to support the hire of a recovery specialist to oversee daily operations at the NARSS sober living residence 6,000
    NEW VENTURE FUND
    1201 CONNECTICUT AVE NW STE 300
    WASHINGTON,DC20036     		N/A PC Fund for a Safer Future 250,000
    NEW VENTURE FUND
    1201 CONNECTICUT AVE NW STE 300
    WASHINGTON,DC20036     		N/A PC Fund For a Safer Future COVID-19 emergency response fund 25,000
    NEXUS COMMUNITY PARTNERS
    2314 UNIVERSITY AVE W STE 18
    SAINT PAUL,MN55114     		N/A PC General & Unrestricted 636,666
    NEXUS COMMUNITY PARTNERS
    2314 UNIVERSITY AVE W STE 18
    SAINT PAUL,MN55114     		N/A PC travel expenses for communications work in 2020 5,000
    NORTHEASTERN ILLINOIS UNIVERSITY FOUNDATION
    5500 N ST LOUIS AVE
    CHICAGO,IL60625     		N/A PC Truth Telling Project 5,000
    NORTHERN PLAINS RESOURCE COUNCIL
    220 S 27TH ST STE A
    BILLINGS,MT59101     		N/A PC General & Unrestricted 150,000
    NORTHWEST BRONX COMMUNITY AND CLERGY COALITION INC
    103 E 196TH ST
    BRONX,NY10468     		N/A PC General & Unrestricted 20,000
    OLD TAKOMA BUSINESS ASSOCIATION INC
    6909 LAURAL AVE
    TAKOMA PARK,MD20912     		N/A PC Takoma Micro-Grant Program 2,500
    ORION SOCIETY
    187 MAIN ST
    GREAT BARRINGTON,MA01230     		N/A PC General & Unrestricted 25,000
    OUT OF HAND THEATER INC
    764 MEMORIAL DR
    ATLANTA,GA30316     		N/A PC Equitable Dinners 25,000
    OUTWARD BOUND INC
    1133 RTE 55 STE 10
    LAGRANGEVILLE,NY12540     		N/A PC Veterans Program 165,000
    PARK COUNTY COMMUNITY FOUNDATION
    PO BOX 2199
    LIVINGSTON,MT59047     		N/A PC challenge grant in support of the Producer Partnership 10,000
    PARK COUNTY COMMUNITY FOUNDATION
    PO BOX 2199
    LIVINGSTON,MT59047     		N/A PC in support of Park County Farm to School's Covid Restaurant Partnership 20,000
    PARK COUNTY COMMUNITY FOUNDATION
    PO BOX 2199
    LIVINGSTON,MT59047     		N/A PC to support Producers Partnership 5,000
    PARK COUNTY COMMUNITY FOUNDATION
    PO BOX 2199
    LIVINGSTON,MT59047     		N/A PC in support of LYSA for the Give a Hoot program 4,000
    PARK COUNTY COMMUNITY FOUNDATION
    PO BOX 2199
    LIVINGSTON,MT59047     		N/A PC Park County Covid Resilience Fund 25,000
    PARK COUNTY COMMUNITY FOUNDATION
    PO BOX 2199
    LIVINGSTON,MT59047     		N/A PC capital campaign consultant for the Livingston Wellness Center 45,675
    PARK COUNTY COMMUNITY FOUNDATION
    PO BOX 2199
    LIVINGSTON,MT59047     		N/A PC zero waste program for the 2021 Livingston HOOT 1,500
    PARK COUNTY ENVIRONMENTAL COUNCIL
    215 E LEWIS ST STE 306
    LIVINGSTON,MT59047     		N/A PC General & Unrestricted 50,000
    PARTNERSHIP FOR SOUTHERN EQUITY
    100 PEACHTREE ST NW STE 1960
    ATLANTA,GA30303     		N/A PC General & Unrestricted 750,000
    PASSPORT ATLANTA INC
    1107 MERRILL AVE SW
    ATLANTA,GA30310     		N/A PC General & Unrestricted 150,000
    PEACE DEVELOPMENT FUND INC
    PO BOX 1280
    AMHERST,MA01004     		N/A PC Beloved Economies project 15,000
    PENLAND SCHOOL OF CRAFT INC
    PO BOX 37
    PENLAND,NC28765     		N/A PC Crafting the Future program 5,000
    PHILANTHROPIC VENTURES FOUNDATION
    1222 PRESERVATION PARK WAY
    OAKLAND,CA94612     		N/A PC Turning Basin Labs 15,000
    PIEDMONT PARK CONSERVANCY INC
    PO BOX 7795
    ATLANTA,GA30357     		N/A PC Performances on the Promenade - Free cultural performances designed to inspire and enrich the Atlanta community 25,000
    PIEGAN INSTITUTE
    223 4TH AVE SW
    BROWNING,MT59417     		N/A PC general support, challenge grant and instructor position 130,000
    PLENTY DOORS COMMUNITY DEVELOPMENT CORPORATION
    223 MAVERICK RD
    HARDIN,MT59034     		N/A PC coronovirus fund 20,000
    POVERELLO CENTER INC
    1110 W BROADWAY ST
    MISSOULA,MT59802     		N/A PC to support your response to increased demand for your services as a result of the coronovirus 10,000
    PRESENCING INSTITUTE INC
    408 COLUMBUS AVE
    BOSTON,MA02116     		N/A PC Societal Transformation Lab/ GAIA Initiative 120,000
    QUEST COMMUNITY DEVELOPMENT ORGANIZATION INC
    878 ROCK ST NW
    ATLANTA,GA30314     		N/A PC To support Chrysalis Lab 100,000
    RED PAINT CREEK COOPERATIVE INC
    PO BOX 1177
    HARLEM,MT59526     		N/A PC fund for coronovirus 15,000
    RESOURCES LEGACY FUND
    555 CAPITOL MALL STE 1095
    SACRAMENTO,CA95814     		N/A PC Montana Outdoor Heritage Program 100,000
    ROCKY BOY VETERANS CENTER
    46 VETERANS PARK RD
    BOX ELDER,MT59521     		N/A PC to support the Warrior Services position 60,000
    ROCKY MOUNTAIN EMPLOYEE OWNERSHIP CENTER
    3000 LAWRENCE ST STE 21
    DENVER,CO80205     		N/A PC Main Street Phoenix Workers Cooperative 20,000
    ROOT CAPITAL INC
    130 BISHOP ALLEN DR 2ND FL
    CAMBRIDGE,MA02139     		N/A PC General & Unrestricted 525,198
    SALT LAKE CITY FILM CENTER AND ARTISTS COLLABORATI
    50 W BROADWAY STE 1125
    SALT LAKE CITY,UT84101     		N/A PC General & Unrestricted 50,000
    SALT LAKE CITY FILM CENTER AND ARTISTS COLLABORATI
    50 W BROADWAY STE 1125
    SALT LAKE CITY,UT84101     		N/A PC to support Kim Snyder's film "Us Kids" 40,000
    SELMA CENTER FOR NON-VIOLENCE TRUTH & RECONCILIATI
    8 MULBERRY RD
    SELMA,AL36703     		N/A PC General & Unrestricted 1,500
    SHOUT MOUSE PRESS INC
    1638 R ST NW STE 218
    WASHINGTON,DC20009     		N/A PC General & Unrestricted 5,000
    SIERRA CLUB FOUNDATION
    2101 WEBSTER ST STE 1250
    OAKLAND,CA94612     		N/A PC Sierra Club Military Outdoors Program and the launch of the Veterans Outdoors Coalition 90,000
    SIMA STUDIOS
    632 WESTBOURNE DR
    WEST HOLLYWOOD,CA90069     		N/A PC The Young Vote documentary to enable the completion of the film 10,000
    SISKIYOU FIELD INSTITUTE
    PO BOX 207
    SELMA,OR97538     		N/A PC property upkeep and repairs fund 40,000
    SOCIAL GOOD FUND
    PO BOX 5473
    RICHMOND,CA94805     		N/A PC Offsides Production's Green Collar Comedy: Laughter, Liberation, and Cultural Power 60,000
    SOCIETY OF ST VINCENT DE PAUL GEORGIA INC
    2050-C CHAMBLEE TUCKER RD
    ATLANTA,GA30341     		N/A PC General & Unrestricted 10,000
    SOUL RIVER INC
    1926 N KILPATRICK ST
    PORTLAND,OR97217     		N/A PC General & Unrestricted 25,000
    SOUTHEASTERN COUNCIL OF FOUNDATIONS INC
    100 PEACHTREE ST NW STE 2080
    ATLANTA,GA30303     		N/A PC Charitable Event 7,425
    SOUTHEASTERN COUNCIL OF FOUNDATIONS INC
    100 PEACHTREE ST NW STE 2080
    ATLANTA,GA30303     		N/A PC SECF annual fund and Georgia Grantmakers Alliance 25,000
    SOUTHFACE ENERGY INSTITUTE INC
    241 PINE ST NE
    ATLANTA,GA30308     		N/A PC General & Unrestricted 1,000,000
    SPONSORS INC
    338 HWY 99 N
    EUGENE,OR97402     		N/A PC Dave's Killer Bread Foundation 287,500
    STORYLINE
    1296 WILLOUGHBY AVE
    BROOKLYN,NY11237     		N/A PC Impact & Engagement Campaign 70,000
    SUNDANCE INSTITUTE
    PO BOX 684429
    PARK CITY,UT84068     		N/A PC gun violence prevention and environmental programs 400,000
    SUSTAINABILITY INSTITUTE INC
    1850 TRUXTUN AVE
    NORTH CHARLESTON,SC29405     		N/A PC to advance regenerative design 140,000
    TEACH FOR AMERICA - ATLANTA
    10 PEACHTREE PL NE STE 700
    ATLANTA,GA30309     		N/A PC General & Unrestricted 200,000
    TEAM RUBICON
    214 MAIN ST 354
    EL SEGUNDO,CA90245     		N/A PC Ready Reserve Fund 125,000
    THE BIOMIMICRY INSTITUTE
    PO BOX 9216
    MISSOULA,MT59807     		N/A PC General & Unrestricted 330,000
    THE CAMPAIGN TO KEEP GUNS OFF CAMPUS INC
    PO BOX 658
    CROTON FALLS,NY10519     		N/A PC General & Unrestricted 25,000
    THE CHARITABLE FOUNDATION OF THE ROTARY CLUB OF AT
    40 COURTLAND ST NE
    ATLANTA,GA30303     		N/A PC General & Unrestricted 650
    THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC
    191 PEACHTREE ST NE STE 1000
    ATLANTA,GA30303     		N/A PC The Kendeda Fund account 1,000,000
    THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC
    191 PEACHTREE ST NE STE 1000
    ATLANTA,GA30303     		N/A PC Atlanta Wealth Building Initiative (AWBI) 400,000
    THE COMMUNITY FOUNDATION FOR THE CSRA
    720 SAINT SEBASTIAN WAY STE 160
    AUGUSTA,GA30901     		N/A PC General & Unrestricted 10,000
    THE FUNDERS NETWORK INC
    6705 SW 57TH AVE STE 700
    CORAL GABLES,FL33143     		N/A PC General & Unrestricted 50,000
    THE FUNDERS NETWORK INC
    6705 SW 57TH AVE STE 700
    CORAL GABLES,FL33143     		N/A PC Intermountain West Funders Network 25,000
    THE FUNDERS NETWORK INC
    6705 SW 57TH AVE STE 700
    CORAL GABLES,FL33143     		N/A PC Partners for Places Leading with Racial Equity, Phase II 400,000
    THE GIVING KITCHEN INITIATIVE INC
    513 EDGEWOOD AVE SE STE 100
    ATLANTA,GA30312     		N/A PC General & Unrestricted 6,500
    THE INTERNATIONAL WILDERNESS LEADERSHIP FOUNDATION
    717 POPLAR AVE
    BOULDER,CO80304     		N/A PC Exposure Labs' Climate Initiative 400,000
    THE MISSION CONTINUES
    1141 S 7TH ST
    SAINT LOUIS,MO63104     		N/A PC Service Platoon Program 100,000
    THE NATIONAL MILITARY FAMILY ASSOCIATION
    2800 EISENHOWER AVE STE 250
    ALEXANDRIA,VA22314     		N/A PC Operation Purple Family Retreats Program 100,000
    THE PRESBYTERIAN CHURCH ON EDISTO ISLAND
    2164 HWY 174
    EDISTO ISLAND,SC29438     		N/A PC General & Unrestricted 10,000
    THE SHANE LALANI CENTER FOR THE ARTS
    PO BOX 58
    LIVINGSTON,MT59047     		N/A PC General & Unrestricted 10,000
    THE US CLIMATE ACTION NETWORK
    50 F ST NW 8TH FL
    WASHINGTON,DC20001     		N/A PC General & Unrestricted 500,000
    THE US CLIMATE ACTION NETWORK
    50 F ST NW 8TH FL
    WASHINGTON,DC20001     		N/A PC US Climate Action Network's fundraising capacity efforts 30,000
    THRIVE INC
    400 E BABCOCK ST
    BOZEMAN,MT59715     		N/A PC General & Unrestricted 25,000
    THUNDER VALLEY COMMUNITY DEVELOPMENT CORPORATION
    PO BOX 290
    PORCUPINE,SD57772     		N/A PC General & Unrestricted 250,000
    THUNDER VALLEY COMMUNITY DEVELOPMENT CORPORATION
    PO BOX 290
    PORCUPINE,SD57772     		N/A PC building and strengthening an operating reserve 205,000
    TIDES Center
    PO BOX 29907
    SAN FRANCISCO,CA94129     		N/A PC Alliance for Safety and Justice to focus on amplifying and accelerating TimeDone and criminal justice reform/opportunities to meaningful work in California, Florida, Illinois, Georgia and Texas 1,500,000
    TIDES FOUNDATION
    PO BOX 399389
    SAN FRANCISCO,CA94139     		N/A PC Center for Working Families Fund's Green New Deal 500,000
    TIDES FOUNDATION
    PO BOX 399389
    SAN FRANCISCO,CA94139     		N/A PC Community Justice Reform Coalition 75,000
    TOO YOUNG TO WED
    1112 MAIN ST
    PEEKSKILL,NY10566     		N/A PC General & Unrestricted 125,000
    TRACE MEDIA INC
    PO BOX 24532
    BROOKLYN,NY11202     		N/A PC General & Unrestricted 250,000
    TRIANGLE STRATEGIC AND FINANCIAL ADVISING FOR NOT-
    PO BOX 133203
    ATLANTA,GA30333     		N/A PC The Guild to acquire a commercial property to develop a community-owned model of real estate 750,000
    TRUST FOR CONSERVATION INNOVATION DBA MULITIPLIER
    405 14TH ST STE 164
    OAKLAND,CA94612     		N/A PC Project Equity FUND 200,000
    TRUST FOR CONSERVATION INNOVATION DBA MULITIPLIER
    405 14TH ST STE 164
    OAKLAND,CA94612     		N/A PC Project Equity's travel fund for communications work in 2020 5,000
    TRUST FOR CONSERVATION INNOVATION DBA MULITIPLIER
    405 14TH ST STE 164
    OAKLAND,CA94612     		N/A PC Project Equity FUND 2,500,000
    UNITED WAY OF MISSOULA COUNTY
    412 W ALDER ST
    MISSOULA,MT59802     		N/A PC Covid-19 Emergency Assistance Fund 10,000
    UNITED WAY OF SOUTHWEST GEORGIA INC
    PO BOX 70429
    ALBANY,GA31708     		N/A PC COVID-19 Community Relief Fund 10,000
    UNIVERSITY OF MONTANA FOUNDATION
    PO BOX 7159
    MISSOULA,MT59807     		N/A PC Environmental Studies Program Placement/Alumni Coordinator position and programs 20,900
    UNIVERSITY OF WASHINGTON FOUNDATION - SEATTLE
    PO BOX 359505
    SEATTLE,WA98195     		N/A PC UW Medicine Emergency Response Fund - Virology 10,000
    URBAN SUSTAINABILITY DIRECTORS NETWORK
    700 12TH ST NW STE 700
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 250,000
    URBAN SUSTAINABILITY DIRECTORS NETWORK
    700 12TH ST NW STE 700
    WASHINGTON,DC20005     		N/A PC establish and build an operating reserve 329,750
    VILLAGE MICRO FUND
    1643 STOKES AVE
    ATLANTA,GA30310     		N/A PC General & Unrestricted 125,000
    VILLAGE OF TAKOMA PARK
    PO BOX 11420
    TAKOMA PARK,MD20913     		N/A PC General & Unrestricted 2,500
    WARRIORS & QUIET WATERS FOUNDATION
    351 EVERGREEN DR STE A
    BOZEMAN,MT59715     		N/A PC Capacity support for implementing the new strategic plan direction, including an organizational marketing and branding strategy, support for a new Assistant of Warrior Services position and support for an expanded flyfishing expedition Program 90,000
    WARRIORS & QUIET WATERS FOUNDATION
    351 EVERGREEN DR STE A
    BOZEMAN,MT59715     		N/A PC Support for development of a new online fundraising platform, the Program Coordinator Position, a revised program evaluation tool and sponsorship of the Conservation Flyfishing Experience 49,500
    WESTERN NATIVE VOICE
    PO BOX 1018
    BILLINGS,MT59103     		N/A PC coronovirus FUND 10,000
    WESTERN ORGANIZATION OF RESOURCE COUNCILS EDUCATIO
    220 S 27TH ST STE B
    BILLINGS,MT59101     		N/A PC General & Unrestricted 343,000
    WESTERN SUSTAINABILITY EXCHANGE
    PO BOX 1448
    LIVINGSTON,MT59047     		N/A PC Resilient Ranchlands Program 15,000
    WILDEARTH GUARDIANS
    301 N GUADALUPE ST STE 201
    SANTA FE,NM87501     		N/A PC TO SUPPORT Montana office 20,000
    WILDERNESS SOCIETY
    503 W MENDENHALL ST
    BOZEMAN,MT59715     		N/A PC General & Unrestricted 75,000
    WORKING FILMS INC
    624 1/2 S 7TH ST
    WILMINGTON,NC28401     		N/A PC Story Shift Program 200,000
    WORKING FILMS INC
    624 1/2 S 7TH ST
    WILMINGTON,NC28401     		N/A PC Charitable Event 5,000
    WORKING FILMS INC
    624 1/2 S 7TH ST
    WILMINGTON,NC28401     		N/A PC Working Films' fundraising capacity efforts 30,000
    WORKING WORLD INC
    116 NASSAU ST NO 513
    NEW YORK,NY10038     		N/A PC Seed Commons - A Community Wealth Cooperative 100,000
    YAAK VALLEY FOREST COUNCIL
    11896 YAAK RIVER RD
    TROY,MT59935     		N/A PC General & Unrestricted 25,000
    YELLOWSTONE TO YUKON CONSERVATION INITIATIVE
    PO BOX 157
    BOZEMAN,MT59771     		N/A PC General & Unrestricted 50,000
    Total .................................bullet 3a 62,039,859
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 1,844,266  
    4 Dividends and interest from securities....     14 1,110,248  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 3,348,725  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 Inc/Loss     		    14 79,291  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   6,382,530  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    6,382,530
    (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 (2020)
    Form 990-PF (2020)
    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 instructions.
    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 (2020)
    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
    2020
    Name of the organization
    The Kendeda Fund
     
    Employer identification number

    20-6881642
    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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    The Kendeda Fund
          		Employer identification number
    20-6881642
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    The March 23 2006 Trust
    CIBC - 3290 NORTHSIDE PKWY 7TH FL
     
    Atlanta, GA30327

    		$ 26,772,593


    (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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    The Kendeda Fund
          		Employer identification number

    20-6881642
    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
    		 ABBVIE INC ABBV, 6546 sh. $ 564,036 2020-03-02
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 APPLE INC AAPL, 1957 sh. $ 566,708 2020-03-02
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 CINCINNATI FINANCIAL CORP CINF, 1408 sh. $ 136,407 2020-03-02
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 COMCAST CORP CMCSA, 6954 sh. $ 284,871 2020-03-02
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 DOW INC DOW, 9722 sh. $ 394,713 2020-03-02
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 FISERV INC FISV, 1344 sh. $ 148,828 2020-03-02
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Kendeda Fund
          		Employer identification number

    20-6881642
    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
    		 GLOBE LIFE INC GL, 4389 sh. $ 413,093 2020-03-02
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 NETAPP, INC NTAP, 2632 sh. $ 122,954 2020-03-02
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 NIKE INC-CL B NKE, 3108 sh. $ 281,352 2020-03-02
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 NORTONLIFELOCK INC NLOK, 19315 sh. $ 375,001 2020-03-02
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 OMNICOM GROUP OMC, 2030 sh. $ 140,090 2020-03-02
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 ORACLE CORP ORCL, 7178 sh. $ 357,357 2020-03-02
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Kendeda Fund
          		Employer identification number

    20-6881642
    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
    		 ROYAL DUTCH SHELL CL A RDS-A, 3040 sh. $ 134,353 2020-03-02
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 STATE STREET CORPORATION STT, 7958 sh. $ 534,937 2020-03-02
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 TJX COMPANIES INC TJX, 7585 sh. $ 461,509 2020-03-02
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 UNITED PARCEL SERVICE UPS, 4549 sh. $ 415,210 2020-03-02
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 VERISIGN INC VRSN, 769 sh. $ 147,629 2020-03-02
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 VERIZON COMMUNICATIONS VZ, 8244 sh. $ 463,395 2020-03-02
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Kendeda Fund
          		Employer identification number

    20-6881642
    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
    		 VIACOMCBS INC VIAC, 13603 sh. $ 326,948 2020-03-02
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 WELLS FARGO & CO WFC, 3349 sh. $ 136,874 2020-03-02
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 US BANCORP USB, 11678 sh. $ 546,939 2020-03-02
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 HOME DEPOT INC HD, 20000 sh. $ 4,810,000 2020-05-26
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 HOME DEPOT INC HD, 32000 sh. $ 8,958,880 2020-08-12
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 APPLE INC AAPL, 6268 sh. $ 726,054 2020-09-08
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Kendeda Fund
          		Employer identification number

    20-6881642
    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
    		 COMCAST CORP CMCSA, 13709 sh. $ 598,946 2020-09-08
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 CORTEVA INC CTVA, 12918 sh. $ 370,101 2020-09-08
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 EBAY INC EBAY, 9594 sh. $ 497,113 2020-09-08
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 THE HERSHEY COMPANY HSY, 2466 sh. $ 362,847 2020-09-08
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 NETAPP, INC NTAP, 12994 sh. $ 592,202 2020-09-08
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 NOVO NORDISK A S NVO, 8211 sh. $ 533,592 2020-09-08
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    The Kendeda Fund
          		Employer identification number

    20-6881642
    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
    		 PROGRESSIVE CORP OHIO PGR, 2687 sh. $ 246,828 2020-09-08
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 STARBUCKS CORP COM SBUX, 4595 sh. $ 395,974 2020-09-08
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 STATE STREET CORPORATION STT, 7657 sh. $ 509,305 2020-09-08
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 TRUIST FINANCIAL CORPORATION TFC, 3038 sh. $ 115,353 2020-09-08
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 UNITED PARCEL SERVICE UPS, 3360 sh. $ 530,914 2020-09-08
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 YUM BRANDS INC YUM, 5829 sh. $ 552,560 2020-09-08
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    The Kendeda Fund
          		Employer identification number

    20-6881642
    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) (2020)
    Additional Data


    Software ID:  
    Software Version:  

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

    TY 2020 DepreciationSchedule
    Name:
    The Kendeda Fund
    EIN:
    20-6881642
    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
    ALLSTEEL WORKSTATI 2015-07-31 16,198 10,220 SL 7 2,314      
    COFFEE TABLE 2015-07-31 583 367 SL 7 83      
    CONFERENCE CHAIRS 2015-07-31 11,275 7,115 SL 7 1,611      
    ETTA CONFERENCE TA 2015-07-31 3,175 2,005 SL 7 454      
    KENNEDY SOFA 2015-07-31 4,241 2,676 SL 7 606      
    MG CARY CHAIRS 2015-07-31 3,007 1,899 SL 7 430      
    RANDAL CABINET 2016-09-28 3,648 1,693 SL 7 521      
    TASK CHAIRS 2015-07-31 3,190 2,014 SL 7 456      
    LOGO GRAPHIC 2015-07-31 594 375 SL 7 85      

    TY 2020 GeneralExplanationAttachment
    Name:
    The Kendeda Fund
    EIN:
    20-6881642
    Identifier Return Reference Explanation
    990-PF PART XIII Part XIII (990-PF) - Undistributed Income In 2020, The Kendeda Fund (the "Foundation") discovered that on its Form 990-PF for taxable year ending December 31, 2019, Part XIII, Line 10e was not recorded properly. The Foundation would not have been subject to an underdistribution penalty under 4942 for such taxable year if such part of the return had been properly recorded. Therefore, the Foundation has chosen not to amend Form 990-PF for the taxable year ending December 31, 2019. Instead, the Foundation has adjusted the amount reported on Part XIII, Line 3e, of Form 990-PF for the taxable year ending December 31, 2020 to reflect the corrected amount.
    Form 990-PF, Part XIII, Line 7 Form 990-PF, Part XIII, Line 7 Election to Treat Unused Prior Year Corpus Distributions as Current Year Corpus Distributions Pursuant to Treasury Regulations Section 53.4942(a)-3(c)(2)(iv), The Kendeda Fund hereby elects to treat, as a current distribution out of corpus, the following unused prior years' distributions that were treated as corpus distributions under Treasury Regulations Section 53.4942(a)-3(d)(1)(iii) in such prior tax years: Tax Year Amount 2018 $8,951,235 2019 $17,821,358 TOTAL: $26,772,593 By: WHIT MANSFIELD Title: VICE PRESIDENT FOR CIBC AS TRUSTEE Form 990-PF, Part XIII, Line 7 Amount Treated as Distributions out of Corpus to Satisfy Section 170(b)(1)(F)(ii) The Kendeda Fund (the "Foundation") hereby elects to satisfy the requirements of Internal Revenue Code ("Code") Section 170(b)(1)(F)(ii) in respect of contributions of cash and publicly traded securities with a total value of $ 26,772,593 on the dates received in the taxable year ending December 31, 2020 (the "Conduit Election Year"). To satisfy the requirements of Code Section 170(b)(1)(F)(ii), a private non-operating foundation must: (A) by the end of the Conduit Election Year, distribute any undistributed income from the year immediately preceding the Conduit Election Year; (B) distribute, in the absence of an election under Code Section 4942(h)(2), any undistributed income from the Conduit Election Year by the end of the Conduit Election Year; and (C) make qualifying distributions treated as distributions out of corpus by no later than the 15th day of the third month of the taxable year following the Conduit Election Year in an amount equal to 100 percent of the value of the contributions received by such foundation in the Conduit Election Year. A. Satisfaction of Minimum Distribution Requirement for the Conduit Election Year. As reported on Part XIII, Line 2, column (c), the undistributed income for the year immediately preceding the Conduit Election Year is $0. In other words, the Foundation had no undistributed income for 2019. B. Timely Satisfaction of Minimum Distribution Requirement for the Taxable Year following the Conduit Election Year. As reported on Part XIII, Line 6f, column (d), the undistributed income for the Conduit Election Year is $0. In other words, the Foundation had no undistributed income for 2020. C. Sufficient Timely Qualified Distributions Made Out of Corpus. To satisfy the requirements of Internal Revenue Code Section 170(b)(1)(F)(ii), the Foundation had until March 15, 2021, the 15th day of the third month of the taxable year following the Conduit Election Year, to make distributions out of corpus in an amount equal to 100 percent of the contributions received by it in the Conduit Election Year, $26,772,593. As reported on Part XIII, Line 7, the Foundation is treating $26,772,593 as a current distribution out of corpus in full satisfaction of the requirements of Code Section 170(b)(1)(F)(ii) in respect of the Conduit Election Year. The Foundation has attached the necessary election, pursuant to Treasury Regulations Section 53.4942(a)-3(c)(2)(iv), to treat $26,772,593, of its unused prior years' corpus distributions, as a current distribution out of corpus.

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    The Kendeda Fund
    EIN:
    20-6881642
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BA CREDIT CARD TR SER 2018-1A 1,490,864 1,504,239
    BANK OF AMERICA CORP - 2.503% 975,285 1,017,900
    BERKSHIRE HATHAWAY INC - 0.000 999,235 1,050,160
    BERKSHIRE HATHAWAY NOTE - 2.20 760,655 751,628
    BLACKROCK INC FR - 3.375% - 06 1,579,523 1,565,070
    CISCO SYS INC NOTE - 1.850% - 1,708,500 1,767,640
    CITIBANK CREDIT SER 2018-A1 - 1,991,411 2,001,943
    COMCAST CORP - 3.300% - 02/01/ 473,230 564,500
    COMCAST CORP - 3.375% - 08/15/ 251,725 278,935
    COMCAST CORP - 3.600% - 03/01/ 1,854,075 1,925,333
    DEERE JOHN CAP CORP - 2.800% - 1,814,934 1,943,592
    DISNEY WALT CO MTNS - 1.850% - 524,925 525,170
    ELECTRONIC ARTS INC NOTE - 4.8 2,037,905 2,379,119
    GE CAP CORP - 3.100% - 01/09/2 1,292,298 1,314,013
    GENERAL ELEC CAP CORP MTN BEFR 782,105 782,941
    INTEL CORP - 2.700% - 12/15/20 1,535,678 1,570,950
    INTEL CORP NOTE - 3.300% - 10/ 1,046,517 1,022,200
    INTERNATIONAL BUSINESS MACHINE 964,595 1,128,897
    MICROSOFT CORP - 2.700% - 02/1 492,345 543,170
    MICROSOFT CORP NOTE - 3.625% - 1,056,423 1,092,170
    ORACLE CORP - 2.800% - 04/01/2 824,495 827,160
    ORACLE CORP - 3.400% - 07/08/2 782,320 820,913
    ORACLE CORP - 3.625% - 07/15/2 1,343,480 1,354,958
    PEPSICO INC - 2.750% - 03/05/2 1,001,705 1,029,365
    PEPSICO INC - 2.750% - 04/30/2 1,536,248 1,632,750
    PFIZER INC NT - 3.400% - 05/15 2,344,805 2,472,547
    PRAXAIR INC NT - 2.200% - 08/1 2,465,388 2,532,095
    STRYKER CORP - 3.500% - 03/15/ 760,620 847,755
    STRYKER CORP NOTE - 2.625% - 0 2,275,800 2,254,139
    WAL MART STORES INC NT - 4.250 818,818 758,402

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    The Kendeda Fund
    EIN:
    20-6881642
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 131,051 162,812
    ADOBE SYSTEMS, INC 58,226 175,542
    ALEXION PHARMACEUTICALS, INC 30,645 39,372
    ALPHABET INC CL A 43,381 49,074
    ALPHABET INC CL C 161,765 401,181
    AMAZON COM 183,216 641,615
    AMERICAN ELECTRIC POWER INC 110,640 101,839
    AMERICAN TOWER REIT INC 52,989 84,846
    AMERICAN WATER WORKS COMPANY I 84,234 100,983
    AMERIPRISE FINANCIAL INC 24,904 44,113
    AMETEK INC 10,566 26,970
    AMPHENOL CORPORATION 24,198 48,516
    ANALOG DEVICES INC 74,931 133,843
    ANSYS INC 13,939 56,753
    APPLE INC 74,059 359,325
    APTIV PLC 20,164 35,960
    ASHLAND GLOBAL HOLDINGS 11,781 14,098
    ASTRAZENECA 129,463 116,827
    AT INCOME OPPORTUNITIES FUND I 4,193,691 5,733,253
    AUTODESK, INC 31,328 81,526
    AUTOMATIC DATA PROCESSING INC 49,208 99,377
    AUTOZONE INC 36,724 58,087
    AVATAR HOLDINGS INC. 24,282 34,934
    BERRY PLASTICS GROUP INC 16,710 26,522
    BLACKROCK INC 79,152 147,194
    BROWN FORMAN CORP CL B 8,138 16,998
    CADENCE DESIGN SYSTEMS INC 35,500 56,346
    CARTER'S INC 21,427 20,413
    CATALENT INC 27,085 28,827
    CDW CORP 23,870 26,622
    CHARLES RIV LABORATORIES INTL 23,051 33,231
    CHARLES SCHWAB CORP 166,059 203,408
    CHEVRON CORP 93,854 65,449
    CHURCH & DWIGHT 15,322 29,745
    CIGNA CORPORATION 74,594 101,800
    CINTAS CRP 17,622 24,035
    CISCO SYSTEMS INC 130,395 182,401
    CITRIX SYSTEMS INC 7,854 15,742
    COMCAST CORP 58,839 101,080
    COOPER COMPANIES INC 15,463 23,616
    COSTAR GROUP, INC 11,118 29,577
    CROWN HOLDINGS INC 19,277 40,280
    DANAHER CORP 67,592 182,599
    DOLLAR GENERAL CORP 67,885 125,129
    DOLLAR TREE INC 32,057 41,703
    DOMINOS PIZZA INC 18,778 26,842
    DYNATRACE 21,430 24,837
    ECOLAB INC 107,661 138,903
    EDWARDS LIFESCIENCES 18,193 50,359
    ENCOMPASS HEALTH CORPORATION 20,760 44,735
    ENPHASE ENERGY ORD SHS 11,097 18,073
    ENTEGRIS INC MINNESOTA 17,345 26,812
    EPAM SYSTEMS INC 19,085 96,038
    EVERBRIDGE INC 30,308 30,559
    EXACT SCIENCES CORPORATION 17,880 46,769
    F M C CP 13,727 34,824
    FIDELITY NATIONAL INFORMATION 106,037 183,332
    FISERV INC 94,263 165,780
    FIVE BELOW INC 11,575 20,298
    FLEETCOR TECHNOLGIES INC 17,491 30,011
    GENPACT LIMITED 37,904 45,248
    GLOBAL PAYMENTS INC 37,906 86,168
    GOODRX HOLDINGS CL A 14,628 15,006
    HCA INC 13,709 31,412
    HOME DEPOT INC 6,306,785 6,009,917
    HONEYWELL INTL 142,417 225,037
    HUBBELL INCORPORATED 14,333 20,696
    HUMANA INC 14,767 33,642
    IAA INC 17,292 29,566
    IDEX CP 19,077 29,482
    IHS MARKIT LTD 17,198 38,627
    INTERCONTINENTAL EXCHANGE, INC 120,455 190,459
    JAZZ PHARMACEUTICALS INC 20,855 21,952
    JOHNSON & JOHNSON 161,857 213,407
    JP MORGAN CHASE 94,588 194,290
    KANSAS CITY SOUTHERN 12,167 27,762
    KEYSIGHT TECHNOLOGIES INC 30,491 45,967
    KLA TENCOR CORP 12,545 20,195
    L3HARRIS TECHNOLOGIES 22,801 20,603
    LAM RESEARCH CORP 24,699 59,978
    LIBERTY BROADBAND CORPORATION 12,778 16,470
    LINDE PLC COM 62,708 159,951
    LIVENT CORPORATION 9,082 15,750
    MARRIOTT INTERNATIONAL INC. CL 25,940 29,286
    MARVEL TECH INC 20,057 37,034
    MASCO CORP 17,489 25,158
    MEDTRONIC PLC 100,266 139,514
    MICROCHIP TECHNOLOGY INC 21,031 61,459
    MICROSOFT CORP 132,788 565,169
    MONDELEZ INTERNATIONAL INC 137,751 153,659
    MONSTER BEVERAGE CORP 18,864 34,680
    MSCI INC 8,369 44,653
    NEXTERA ENERGY, INC 81,440 142,265
    O'REILLY AUTOMOTIVE INC 18,568 31,680
    OTIS WORLDWIDE CORP 70,356 88,423
    PENTAIR INC. COM 8,821 12,051
    PEPSICO INC 102,152 144,444
    PIONEER NAT RES CO 89,588 67,537
    PNC FINANCIAL GROUP INC 94,772 111,601
    PRA HEALTH SCIENCES INC COM 21,113 32,238
    PTC INC 19,401 55,021
    QUALCOMM INC 79,130 197,737
    RAYTHEON TECHNOLOGIES CORP 134,882 141,161
    RESMED INC 35,196 43,575
    REXNORD CORP 16,044 24,760
    ROPER INDUSTRIES 112,030 173,298
    ROSS STORES, INC 13,990 31,685
    S&P GLOBAL INC COM 95,183 93,359
    SALESFORCE.COM 70,707 115,493
    SBA COMMUNICATIONS CORP 20,687 55,862
    SKYWORKS SOLUTIONS, INC 12,916 28,436
    SMARTSHEET INC 31,332 41,228
    SPLUNK INC 23,351 20,217
    SPROUTS FARMERS MARKET INC 17,691 15,397
    STRYKER CORPORATION 68,931 132,322
    SYNOPSYS, INC 33,818 45,626
    T-MOBILE US INC 107,164 209,152
    TELADOC INC 17,843 28,394
    TELEFLEX INC 22,552 37,453
    TEXAS INSTRUMENTS INC 81,425 105,536
    THE BLACKSTONE GROUP INC CL A 125,163 165,330
    THERMO FISHER SCIENTIFIC INC 50,042 168,612
    TJX COMPANIES INC 96,587 156,521
    TRACTOR SUPPLY CO COM 23,622 34,723
    TRANSUNION COM USD0.01 16,155 37,803
    TWILIO INC 24,352 30,465
    UNION PACIFIC 74,232 149,294
    UNITEDHEALTH GROUP INC 120,048 267,569
    US BANCORP 125,552 132,222
    USD CYRUSONE INC 14,321 13,899
    V F CORP 63,442 89,339
    VERSUS CAPITAL REAL ASSETS FUN 3,600,016 3,638,132
    VISA INC 116,442 291,567
    WALT DISNEY HOLDINGS CO 88,063 111,426
    WASTE MANAGEMENT INC 126,942 139,275
    XILINX INC 16,847 32,182
    ZOETIS INC 94,064 147,130

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    The Kendeda Fund
    EIN:
    20-6881642
    US Government Securities - End of Year Book Value:

    53,902,157
    US Government Securities - End of Year Fair Market Value:

    57,085,921
    State & Local Government Securities - End of Year Book Value:


    598,295
    State & Local Government Securities - End of Year Fair Market Value:


    525,585


    TY 2020 InvestmentsOtherSchedule2
    Name:
    The Kendeda Fund
    EIN:
    20-6881642
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BOOTHBAY ABSOLUTE RETURN STRAT   5,000,000 6,338,132
    PURA VIDA OFFSHORE FUND ONE, L   174,148 32,438
    RENAISSANCE INSTL DIV GLOBAL E   2,047,546 2,156,382

    TY 2020 LandEtcSchedule2
    Name:
    The Kendeda Fund
    EIN:
    20-6881642
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    ALLSTEEL WORKSTATI 16,198 12,534 3,664 3,664
    COFFEE TABLE 583 450 133 133
    CONFERENCE CHAIRS 11,275 8,726 2,549 2,549
    ETTA CONFERENCE TA 3,175 2,459 716 716
    KENNEDY SOFA 4,241 3,282 959 959
    MG CARY CHAIRS 3,007 2,329 678 678
    RANDAL CABINET 3,648 2,214 1,434 1,434
    TASK CHAIRS 3,190 2,470 720 720
    LOGO GRAPHIC 594 460 134  


    TY 2020 LiquidationExplanationStmt
    Name:
    The Kendeda Fund
    EIN:
    20-6881642
    Statement:
    As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2020, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $62,039,859. This amount represents 25% or more of the Foundation's net assets of $188,580,889 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2020. Although the Foundation technically experienced a substantial contraction and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.


    TY 2020 LegalFeesSchedule
    Name:
    The Kendeda Fund
    EIN:
    20-6881642
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Document Review/Drafting 2,219     2,219


    TY 2020 OtherAssetsSchedule
    Name:
    The Kendeda Fund
    EIN:
    20-6881642
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    KROG OWNER LLC DEPOSIT   3,688 3,688
    LIVINGSTON LEASE   695 695


    TY 2020 OtherExpensesSchedule
    Name:
    The Kendeda Fund
    EIN:
    20-6881642
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 105,500     105,500
    Bank Charges 20 20    
    Cell Phone Expense 2,421     2,421
    Computers/Electronic Devices 1,825     1,825
    CREDIT CARD FEES 22     22
    Equipment/Furniture Purchase 2,622     2,622
    Foundation Dues & Memberships 780     780
    INSURANCE EXPENSE 100     100
    K-1 Exp RENAISSANCE INSTL DIV 93,898 93,840    
    MOVING EXPENSES 644     644
    WEBSITE MAINTENANCE 2,441     2,441
    Office Supplies 8,671     8,671
    Postage/Delivery Service 4,232     4,232
    TRAINING & PROF DEVELOPMENT 3,625     3,625


    TY 2020 OtherIncomeSchedule2
    Name:
    The Kendeda Fund
    EIN:
    20-6881642
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss RENAISSANCE INSTL DIV GLOBAL EQ ONSHO 79,291 79,291  


    TY 2020 OtherLiabilitiesSchedule
    Name:
    The Kendeda Fund
    EIN:
    20-6881642
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL WITHHELD 3,425 3,590


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    The Kendeda Fund
    EIN:
    20-6881642
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administration of Foundation 1,345     1,345
    Philanthropic Consulting Srvcs 876,426     876,426
    COMMUNICATION CONSULTING SRVCS 156,200     156,200
    HR CONSULTING SERVICES 24,357     24,357
    IT SUPPORT 1,786     1,786
    PHOTOGRAPHY SERVICES 2,314     2,314
    DESIGN AND PRODUCTION SERVICES 1,175     1,175


    TY 2020 TaxesSchedule
    Name:
    The Kendeda Fund
    EIN:
    20-6881642
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 334,100      
    990-PF Extension for 2019 139,265      
    Foreign Tax Paid 376 376