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 Passport Foundation
 
% 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

26-1580196
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$60,315,855J 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) 1,750,185
2 Check bullet.............
3 Interest on savings and temporary cash investments 23,688 23,688  
4 Dividends and interest from securities... 0    
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,384,148
b Gross sales price for all assets on line 6a 6,098,106
7 Capital gain net income (from Part IV, line 2)... 3,736,911
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 632,484 645,723  
12 Total. Add lines 1 through 11........ 4,790,505 4,406,322  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 10,956 10,397 0 559
b Accounting fees (attach schedule)....... Click to see attachment 81,923 0 0 81,923
c Other professional fees (attach schedule).... Click to see attachment 147,000     147,000
17 Interest............... 9,456 9,456    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 29,600      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 764 49   715
21 Travel, conferences, and meetings....... 6,051     6,051
22 Printing and publications.......... 20,490 13,615   6,875
23 Other expenses (attach schedule)....... Click to see attachment 1,375,235 1,267,952   94,656
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,681,475 1,301,469 0 337,779
25 Contributions, gifts, grants paid....... 2,312,934 2,312,934
26 Total expenses and disbursements. Add lines 24 and 25 3,994,409 1,301,469 0 2,650,713
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 796,096
b Net investment income (if negative, enter -0-) 3,104,853
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......... 6,510,531 1,194,518 1,194,518
3 Accounts receivable bullet9,084
Less: allowance for doubtful accounts bullet   28,129 9,084 9,084
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)      
b Investments—corporate stock (attach schedule)....... 23,580    
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 31,498,361 Click to see attachment38,283,095 59,012,253
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment100,000 Click to see attachment100,000 Click to see attachment100,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 38,160,601 39,586,697 60,315,855
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 630,000 Click to see attachment630,000
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 630,000 630,000
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 38,160,601 38,956,697
29 Total net assets or fund balances (see instructions)..... 38,160,601 38,956,697
30 Total liabilities and net assets/fund balances (see instructions). 38,790,601 39,586,697
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
38,160,601
2
Enter amount from Part I, line 27a .....................
2
796,096
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
38,956,697
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
38,956,697
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 BITCOIN USD P 2017-09-27 2020-09-17
d BITCOIN USD P 2017-09-27 2020-09-30
e BITCOIN USD P 2017-09-27 2020-10-07
BITCOIN USD P 2017-09-27 2020-11-12
BITCOIN USD P 2017-09-27 2020-11-24
CRATON CAPITAL, L.P P 2017-10-02 2020-05-13
EXCEL ALTA CAPITAL OFFSHORE FEEDER FUND LTD P 2014-08-04 2020-01-24
KUSAMA COIN P 2017-09-27 2020-09-23
LEGION PARTNERS, LP II P 2014-07-31 2020-10-01
PARQUET CAPITAL I, LLC P 2017-09-01 2020-12-31
(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 4,151,232   2,384,860 1,766,372
b       1,119,555
c 14,542   4,153 10,389
d 392,769   113,911 278,858
e 73,639   21,581 52,058
130,644   25,910 104,734
75,278   12,193 63,085
63,637   131,535 -67,898
420,979   250,000 170,979
257,055   32,469 224,586
181,675   167,482 14,193
336,656   336,656  
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       1,766,372
b        
c       10,389
d       278,858
e       52,058
      104,734
      63,085
      -67,898
      170,979
      224,586
      14,193
       
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 3,736,911
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 43,157
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 43,157
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 43,157
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 80,688
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 80,688
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
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 37,531
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet37,531 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    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 Click to see list of attachments.............
    11
    Yes
     
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website 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
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 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
     
    No
    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
     
    No
    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
     
    No
    .........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). Click to see attachment
    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
    John H Burbank III Dir, Pres
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Jim Cunningham Dir, Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Julie Kim Sec
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Walther Lovato Dir, Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Joanne Poile Treas
    1.0     		0 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
     
    Total number of other employees paid over $50,000...................bullet  
    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
    Janet Maughan Philanthropic 148,852
    428 Lagunitas Avenue
    Oakland,CA94610
    Foundation Source Administrative 76,188
    55 Walls Drive
    Fairfield,CT06824
    Susan Chen Philanthropic 55,578
    277 Elder View Drive
    Las Vegas,NV89138
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    716,465
    b
    Average of monthly cash balances.......................
    1b
    2,803,475
    c
    Fair market value of all other assets (see instructions)................
    1c
    56,702,073
    d
    Total (add lines 1a, b, and c).........................
    1d
    60,222,013
    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
    60,222,013
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    903,330
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    59,318,683
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,965,934
    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
    2,965,934
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    43,157
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    43,157
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,922,777
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    2,922,777
    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
    2,922,777
    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
    2,650,713
    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
    2,650,713
    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
    2,650,713
    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 2,922,777
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 2,553,591
    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......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 2,650,713
    a Applied to 2019, but not more than line 2a 2,553,591
    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..... 97,122
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		2,825,655
    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) .......     		 
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020.... 0
    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).)
    John H Burbank III
    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.
    NONE
    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
    ABOLISH PRIVATE PRISONS
    125 N 2ND ST STE 110 521
    PHOENIX,AZ85004     		N/A PC General & Unrestricted 500
    AMERICAN CIVIL LIBERTIES UNION FOUNDATION INC
    125 BROAD ST 18TH FLOOR
    NEW YORK,NY10004     		N/A PC General & Unrestricted 500
    ARMENIA FUND INC
    111 N JACKSON ST STE 205
    GLENDALE,CA91206     		N/A PC General & Unrestricted 15,000
    BREAST CANCER PREVENTION PARTNERS
    1388 SUTTER ST STE 400
    SAN FRANCISCO,CA94109     		N/A PC Support for BCPP's Policy Work 70,000
    BUSINESS EXECUTIVES FOR NATIONAL SECURITY
    1030 15TH ST NW STE 200 E
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 25,000
    CALIFORNIA POLICY CENTER
    18002 IRVINE BLVD STE 110
    TUSTIN,CA92780     		N/A PC General & Unrestricted 100,000
    CENTER FOR ENVIRONMENTAL HEALTH
    2201 BROADWAY STE 302
    OAKLAND,CA94612     		N/A PC To promote project for Food Packaging, Carpets & Flooring without PFAS 75,000
    CENTER FOR INTERNATIONAL ENVIRONMENTAL LAW INC
    1101 15TH ST NW 11TH FLOOR
    WASHINGTON,DC20005     		N/A PC General Support - Environmental Health Program 80,000
    CENTER FOR SCIENCE IN THE PUBLIC INTEREST
    1220 L ST NW STE 300
    WASHINGTON,DC20005     		N/A PC Obesity and Chemicals in Food 100,000
    CLEAN AND HEALTHY NEW YORK INC
    69 STATE ST ST1400C
    ALBANY,NY12207     		N/A PC General Support 60,000
    CLEAN PRODUCTION ACTION
    1310 BROADWAY STE 101
    SOMERVILLE,MA02144     		N/A PC Demonstrating a National Model for Replacing Toxic chemicals with safer alternatives in Washington State 55,000
    COASTSIDE LAND TRUST
    PO BOX 3205
    HALF MOON BAY,CA94019     		N/A PC General & Unrestricted 1,000
    COMING CLEAN INC
    28 VERNON ST STE 434
    BRATTLEBORO,VT05301     		N/A PC Campaign for Healthier Solutions 65,000
    CONTRA COSTA GOSPEL CHURCH INC
    2460 BUENA VISTA AVE
    WALNUT CREEK,CA94597     		N/A PC General & Unrestricted 2,200
    EARTHJUSTICE
    50 CALIFORNIA ST SUITE 500
    SAN FRANCISCO,CA94111     		N/A PC General & Unrestricted 10,000
    EARTHJUSTICE
    50 CALIFORNIA ST SUITE 500
    SAN FRANCISCO,CA94111     		N/A PC Protecting Communities from Toxic Chemical Exposure 100,000
    EDGEWOOD CENTER FOR CHILDREN AND FAMILIES
    1801 VICENTE ST
    SAN FRANCISCO,CA94116     		N/A PC General & Unrestricted 500
    ENVIRONMENTAL DEFENSE FUND INCORPORATED
    257 PARK AVE SOUTH
    NEW YORK,NY10010     		N/A PC Safer Food for All 100,000
    ENVIRONMENTAL PROTECTION NETWORK
    2925 LEGATION ST NW
    WASHINGTON,DC20015     		N/A PC Defense of Public Health, the Environment, and the Reset Project 40,000
    EQUAL JUSTICE INITIATIVE
    122 COMMERCE ST
    MONTGOMERY,AL36104     		N/A PC General & Unrestricted 515
    FEED THE CHILDREN INC
    333 N MERIDIAN AVE
    OKLAHOMA CITY,OK73107     		N/A PC General & Unrestricted 2,101
    FIRST GENERATION SWIM FOUNDATION
    2713 NEWLANDS AVE
    BELMONT,CA94002     		N/A PC General & Unrestricted 105
    GREEN SCIENCE POLICY INSTITUTE
    1400 SHATTUCK AVE STE 8
    BERKELEY,CA94709     		N/A PC Reducing Harmful PFAS & Flame Retardants 60,000
    HEALTHY BUILDING NETWORK
    4911 7TH ST NW
    WASHINGTON,DC20011     		N/A PC ChemFoward's Chemical Optimization Collaboration for Safe & Circular Food Packaging 100,000
    HEALTHY BUILDING NETWORK
    4911 7TH ST NW
    WASHINGTON,DC20011     		N/A PC General & Unrestricted 75,000
    HEALTHY BUILDING NETWORK
    4911 7TH ST NW
    WASHINGTON,DC20011     		N/A PC Athletic Turf Research 50,000
    HOOVER INSTITUTION -STANFORD UNIVERSITY
    434 GALVEZ MALL STANFORD UNIVERSI
    STANFORD,CA94305     		N/A PC General & Unrestricted 1,000
    HUGZ4HAITI
    42 LAKE AVE EXT STE 302
    DANBURY,CT06811     		N/A PC General & Unrestricted 720
    INNOCENCE PROJECT INC
    40 WORTH ST RM 701
    NEW YORK,NY10013     		N/A PC General & Unrestricted 525
    INTERNATIONAL POLLUTANTS ELIMINATION NETWORK
    BOX 7256
    GOTHENBURG   40235
    SW     		N/A Other Expenditure Responsibility Grant 75,000
    INTL SOCIETY FOR CHILDRENS HEALTH & THE ENVIRONMT
    1100 E WOODFIELD RD
    SCHAUMBURG,IL60173     		N/A PC The Impact of Toxic Chemicals on Brain Development: A Turn Towards Prevention 50,000
    MEDECINS SANS FRONTIERES USA-DOCTORS WTHOUT BORDER
    PO BOX 5030
    HAGERSTOWN,MD21741     		N/A PC General & Unrestricted 375
    MEMORIAL SLOAN-KETTERING CANCER CENTER
    PO BOX 5028
    HAGERSTOWN,MD21741     		N/A PC General & Unrestricted 100
    MIRACLEFEET
    107 CONNOR DR STE 230
    CHAPEL HILL,NC27514     		N/A PC Africa proposal 250,000
    NATIONAL DIAPER BANK NETWORK
    155 E ST 101
    NEW HAVEN,CT06511     		N/A PC General & Unrestricted 104
    NATURAL RESOURCES DEFENSE COUNCIL INC
    40 WEST 20TH ST 11TH FLOOR
    NEW YORK,NY10011     		N/A PC General & Unrestricted 250
    NATURAL RESOURCES DEFENSE COUNCIL INC
    40 WEST 20TH ST 11TH FLOOR
    NEW YORK,NY10011     		N/A PC Protecting the Public from Toxic Chemicals 100,000
    ORGANIZATION OF HUMANITARIAN SERVICE FOR ARMENIA
    3375 LOMBARDY RD
    PASADENA,CA91107     		N/A PC General & Unrestricted 100
    PATH MINISTRIES INTERNATIONAL
    20481 SE BYRON AVE
    BEND,OR97702     		N/A PC General & Unrestricted 5,000
    PESTICIDE ACTION NETWORK NORTH AMER REGIONAL CTR
    2029 UNIVERSITY AVE STE 200
    BERKELEY,CA94704     		N/A PC Californians for Pesticide Reform for the Campaign ban Telone 50,000
    PLANNED PARENTHOOD FEDERATION OF AMERICA INC
    123 WILLIAMS ST 10TH FL
    NEW YORK,NY10038     		N/A PC General & Unrestricted 500
    SUPPORT FOR FAMILIES OF CHILDREN WITH DISABILITIES
    1663 MISSION ST STE 700
    SAN FRANCISCO,CA94103     		N/A PC General & Unrestricted 1,039
    THE ARC OF THE UNITED STATES
    1825 K ST NW STE 1200
    WASHINGTON,DC20006     		N/A PC Project TENDR (Targeting Environmental Neuro-Development Risks) 60,000
    TOXIC-FREE FUTURE
    4649 SUNNYSIDE AVE N STE 540
    SEATTLE,WA98103     		N/A PC Protecting Communities and the Environment from Toxic Chemicals 75,000
    TOXIC-FREE FUTURE
    4649 SUNNYSIDE AVE N STE 540
    SEATTLE,WA98103     		N/A PC Safer States PFAS campaign 75,000
    TOXIC-FREE FUTURE
    4649 SUNNYSIDE AVE N STE 540
    SEATTLE,WA98103     		N/A PC SAFER States for the Toxic Chemicals and the Circular Economy 25,000
    TOXIC-FREE FUTURE
    4649 SUNNYSIDE AVE N STE 540
    SEATTLE,WA98103     		N/A PC Safer Chemicals Healthy Families/Mind the Store 80,000
    UNIV OF CALIFORNIA SAN FRANCISCO - UC REGENTS
    PO BOX 45339
    SAN FRANCISCO,CA94145     		N/A PC Defending Science and Promoting Evidence-Based Decision Making about Toxic Environmental Chemicals 100,000
    UNIVERSITY OF MASSACHUSETTS FOUNDATION INC
    ONE BEACON ST 31ST FLOOR
    BOSTON,MA02108     		N/A PC Creating a compelling economic and business case for investment in green and sustainable chemistry - Lowell Center for Sustainable Production 75,000
    WEST HARLEM ENVIRONMENTAL ACTION INC
    1854 AMERSTERDAM AVE 2ND FL
    NEW YORK,NY10031     		N/A PC A Northern Manhattan Survey on Toxic Cosmetics 70,000
    WOMENS VOICES FOR THE EARTH
    PO BOX 8743
    MISSOULA,MT59807     		N/A PC Uncovering Ingredients in Cleaning Products 30,000
    YOUNG WARRIORS
    21201 KITTRIDGE ST
    WOODLAND HILLS,CA91303     		N/A PC General & Unrestricted 800
    Total .................................bullet 3a 2,312,934
    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 23,688  
    4 Dividends and interest from securities....          
    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 ............     		525990 -142 18 2,384,290  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 Inc/Loss     		525990 -15,281 14 634,257  
    bFederal Tax Refund     01 2,042  
    cINTEREST FROM CLOCKTOWER TECHNOLOGIES II     14 53  
    dINTEREST FROM NIMBLE PARTNERS FUND I     14 11,413  
    e
    12 Subtotal. Add columns (b), (d), and (e).. -15,423 3,055,743  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,040,320
    (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 Passport Foundation
     
    Employer identification number

    26-1580196
    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 Passport Foundation
          		Employer identification number
    26-1580196
    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
    Ventures LLC JHB
    1 Letterman Drive Building A Suite
     
    San Francisco, CA94129

    		$ 1,750,185


    (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 Passport Foundation
          		Employer identification number

    26-1580196
    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
    		 QUOTIENT TECHNOLOGY INC QUOT, 207000 sh. $ 1,750,185 2020-10-16
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    The Passport Foundation
          		Employer identification number

    26-1580196
    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:  

    TY 2020 AccountingFeesSchedule
    Name:
    The Passport Foundation
    EIN:
    26-1580196
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT SUPPORT 81,923     81,923

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

    TY 2020 DepreciationSchedule
    Name:
    The Passport Foundation
    EIN:
    26-1580196
    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

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

    TY 2020 ExpenditureResponsibilityStmt
    Name:
    The Passport Foundation
    EIN:
    26-1580196
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    ZERO WASTE EUROPE
          		CHAUSSEE DE VLEURGAT 15
    BRUSSELS   1050
    BE     		2019-07-26 25,000 TO SUPPORT THE OPERATION PLASTIC IN THE SPOTLIGHT PROJECT 25,000 NO 12/10/2020   NONE NECESSARY
    INTERNATIONAL POLLUTANTS ELIMINATION NET
          		BOX 7256
    GOTHENBURG   40235
    SW     		2020-06-02 75,000 support leveraging data on toxic chemicals in plastics to advance environmental health goals 13,560 NO 08/30/2021   NONE NECESSARY

    TY 2020 GeneralExplanationAttachment
    Name:
    The Passport Foundation
    EIN:
    26-1580196
    Identifier Return Reference Explanation
    PART I, LINE 6A PART I LINE 6A (990-PF) RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $2,384,290 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $(142) TOTAL PART I, LINE 6A: $2,384,148 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRADED SECURITIES GROSS SALES PRICE: $4,151,232 BOOK BASIS: $3,737,481 NET GAIN/(LOSS): $413,751 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $1,119,555 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $1,946,875 BOOK BASIS: $1,095,891 NET GAIN/(LOSS): $850,984
    Form 926 Form 926 The Foundation has prepared this form to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.
    Forms 8865 Forms 8865 The Foundation has prepared these forms to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.

    TY 2020 InvestmentsOtherSchedule2
    Name:
    The Passport Foundation
    EIN:
    26-1580196
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AVENTUS   437,580 10,514
    BIG LEAGUE ADVANCE FUND II, LP   239,321 239,321
    BITCOIN USD   36,029 342,797
    BULLPEN CAPITAL IV, L.P   294,627 355,054
    CH VENTURES 1, L.P.   138,197 136,086
    CHANGE.ORG GROWTH LLC   100,000 3,089
    CIVILIZATION VENTURES II, L.P.   47,963 50,861
    COURTSIDE VENTURES II, L.P   167,566 278,225
    CRE VENTURE CAPITAL FUND II, L   52,873 59,068
    DATAMINR INC.   364,994 569,649
    DISTRIBUTED GLOBAL OFFSHORE FU   500,000 1,329,294
    ELECTRIC CAPITAL PARTNERS FRON   379,087 557,198
    FORMATION8 PARTNERS ENTREPRENE   209,072 402,034
    FYRFLY VENTURE PARTNERS FUND I   346,944 575,281
    GLOBAL VENTURES L.P   214,424 311,700
    GOVTECH FUND I, L.P   1,171,715 1,390,734
    GOVTECH FUND II, L.P   495,238 573,530
    HAVENCREST HEALTHCARE PARTNERS   303,173 482,068
    HEROIC VENTURES, L.P   178,722 462,212
    HUAXING CAPITAL PARTNERS II, L   324,015 664,681
    HUAXING CAPITAL PARTNERS, LP   501,042 1,251,144
    INNOVATION WORKS DEVELOPMENT F   412,071 1,990,030
    LEARNSTART I, L.P   183,157 233,518
    LEGACY CAPITAL, LP   2,033,085 3,520,118
    LEGACY HARMONY LTD   1,178,009 2,531,561
    LEGP I AIV (B) LP   18,091 160
    LEVEL EQUITY GROWTH PARTNERS I   685,210 2,305,945
    MAPLE ROCK OFFSHORE FUND LP   7,545 99,226
    MAVEN VENTURES FUND II, L.P   551,149 1,033,026
    MAVEN VENTURES FUND III, L.P   38,131 44,487
    META STABLE EDGE OFFSHORE FUND   522,818 307,823
    MITHRIL II LP   542,243 598,352
    MORTAR & MASH ONE, LLC   33,247 78,000
    NEW FORM CAPITAL I, L.P.   189,562 182,584
    NIMBLE PARTNERS FUND I, LP   20,618,328 29,161,904
    QUIET GROWTH I, L.P   418,751 501,765
    ROCANA VENTURE PARTNERS II, L.   147,765 162,391
    RTW OFFSHORE FUND ONE LTD     80,908
    SAVAGE X HOLDING, LLC   69,111 96,245
    SILVER LAKE WATERMAN FUND, L.P   426,080 400,381
    SKY9 CAPITAL FUND III, L.P   795,043 1,431,093
    SKY9 CAPITAL FUND IV, L.P   68,554 101,382
    SKY9 CAPITAL MVP FUND, L.P   291,657 383,856
    TANDEM FUND II, LP   410,621 1,431,175
    TECHSTYLE, INC   877,997 1,222,706
    TFG HOLDING, INC   137,659 191,705
    THE CXO FUND, LLC   242,582 286,045
    THERAPYDIA, INC - CERTIFICATE   153,083 153,083
    UNIKOINGOLD   303,858 243
    WILL VENTURES FUND I, L.P   185,620 188,218
    YASI VENTURES, L.P   239,486 249,783

    TY 2020 LegalFeesSchedule
    Name:
    The Passport Foundation
    EIN:
    26-1580196
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    General Consultations 559     559
    INVESTMENT CONSULTATIONS 10,397 10,397    


    TY 2020 LoansFromOfficersSchedule
    Name:
    The Passport Foundation
    EIN:
    26-1580196

    Item No. 1
    Lender's Name JOHN H BURBANK III
    Lender's Title  
    Original Amount of Loan 630000
    Balance Due 630000
    Date of Note 2020-12
    Maturity Date 2021-01
    Repayment Terms BALANCE DUE WITHIN 30 DAYS
    Interest Rate 0.
    Security Provided by Borrower NONE
    Purpose of Loan CHARITABLE PURPOSES
    Description of Lender Consideration CASH OF $630,000
    Consideration FMV  


    TY 2020 OtherAssetsSchedule
    Name:
    The Passport Foundation
    EIN:
    26-1580196
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PRI - PRACTICE GREENHEALTH   100,000 100,000


    TY 2020 OtherExpensesSchedule
    Name:
    The Passport Foundation
    EIN:
    26-1580196
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 76,188     76,188
    Bank Charges 125 125    
    Computers/Electronic Devices 1,852     1,852
    Foundation Dues & Memberships 16,436     16,436
    K-1 Exp ARAB ANGEL FUND I, L.P 1,363 1,363    
    K-1 Exp ATOMIC LABS II L.P 6,350 6,350    
    K-1 Exp ATOMIC LABS III, L.P 13,637 13,637    
    K-1 Exp AVF I, L.P 2,386 2,386    
    K-1 Exp BEE PARTNERS II LP 1,616 1,616    
    K-1 Exp BEE PARTNERS III LP 1,224 1,224    
    K-1 Exp BIG LEAGUE ADVANCE FUN 23,242 23,191    
    K-1 Exp BLOCKCHAIN CAPITAL IV, 10,095 10,095    
    K-1 Exp BULLPEN CAPITAL IV, L. 14,199 14,199    
    K-1 Exp CH VENTURES 1, L.P. 15,200 15,200    
    K-1 Exp CIVILIZATION VENTURES 13,424 13,424    
    K-1 Exp CLOCKTOWER TECHNOLOGIE 2,627 2,627    
    K-1 Exp CLOCKTOWER TECHNOLOGIE 2,698 2,698    
    K-1 Exp COURTSIDE VENTURES II, 15,662 15,662    
    K-1 Exp CRATON CAPITAL, L.P 692 692    
    K-1 Exp CRE VENTURE CAPITAL FU 21,141 21,141    
    K-1 Exp FLEX CAPITAL FUND I, L 2,132 2,132    
    K-1 Exp FORMATION8 PARTNERS EN 305 305    
    K-1 Exp FORMATION8 PARTNERS FU 4,198 4,198    
    K-1 Exp FYRFLY VENTURE PARTNER 14,919 14,919    
    K-1 Exp GLOBAL VENTURES L.P 21,013 21,013    
    K-1 Exp GOVTECH FUND I, L.P 39,055 39,041    
    K-1 Exp GOVTECH FUND II, L.P 23,453 23,449    
    K-1 Exp HAVENCREST HEALTHCARE 20,872 20,807    
    K-1 Exp HEROIC VENTURES, L.P 3,222 408    
    K-1 Exp HUAXING CAPITAL PARTNE 7,911 7,911    
    K-1 Exp HUAXING CAPITAL PARTNE 5,900 5,900    
    K-1 Exp IB HOLDING, LLC 250,905 250,905    
    K-1 Exp INNOVATION WORKS DEVEL 13,147 13,147    
    K-1 Exp IVP FUND II A, L.P 39,482 39,482    
    K-1 Exp LEARN CAPITAL VENTURE 11,237 11,237    
    K-1 Exp LEARNSTART I, L.P 7,376 7,012    
    K-1 Exp LEERINK REVELATION HEA 706 706    
    K-1 Exp LEGACY CAPITAL, LP 84,238 84,236    
    K-1 Exp LEGION PARTNERS, LP II 2,107 2,107    
    K-1 Exp LEGP I AIV (B) LP 1,742 1,742    
    K-1 Exp LEVEL EQUITY GROWTH PA 20,724 20,253    
    K-1 Exp MAVEN VENTURES FUND II 11,179 11,179    
    K-1 Exp MAVEN VENTURES FUND II 6,511 6,511    
    K-1 Exp MHS CAPITAL PARTNERS I 2,363 2,363    
    K-1 Exp MITHRIL II LP 15,631 15,630    
    K-1 Exp MORTAR & MASH ONE, LLC 58      
    K-1 Exp MOXXIE VENTURES, L.P 1,740 1,740    
    K-1 Exp NEXT COAST VENTURES FU 1,444 1,393    
    K-1 Exp NEXT COAST VENTURES I, 4,935 4,878    
    K-1 Exp NIMBLE PARTNERS FUND I 396,472 396,464    
    K-1 Exp PARQUET CAPITAL I, LLC 6,229 6,229    
    K-1 Exp PEAR VENTURES I, LP 2,378 2,378    
    K-1 Exp PEAR VENTURES II LP 2,999 2,999    
    K-1 Exp PEAR VENTURES III, L.P 3,324 3,324    
    K-1 Exp PRECURSOR VENTURES I, 3,999 3,999    
    K-1 Exp PRECURSOR VENTURES II, 3,414 3,414    
    K-1 Exp QUIET GROWTH I, L.P 6,978 6,978    
    K-1 Exp ROCANA VENTURE PARTNER 8,694 150    
    K-1 Exp SIGNALFIRE BREAKOUT FU 3,992 3,992    
    K-1 Exp SIGNALFIRE FUND III, L 2,657 2,623    
    K-1 Exp SILVER LAKE WATERMAN F 2 2    
    K-1 Exp SKY9 CAPITAL FUND III, 24,614 24,614    
    K-1 Exp SKY9 CAPITAL FUND IV, 5,291 5,291    
    K-1 Exp SKY9 CAPITAL MVP FUND, 583 583    
    K-1 Exp STREAMLINED VENTURES I 5,422 5,422    
    K-1 Exp STREAMLINED VENTURES I 2,948 2,948    
    K-1 Exp STREAMLINED VENTURES I 2,674 2,585    
    K-1 Exp TANDEM FUND II, LP 17,523 17,523    
    K-1 Exp TANDEM FUND III, L.P 5,497 5,497    
    K-1 Exp THE CXO FUND, LLC 5,269 5,269    
    K-1 Exp TRIBE CAPITAL FUND I, -15,007 -15,007    
    K-1 Exp WILL VENTURES FUND I, 11,923 11,923    
    K-1 Exp YASI VENTURES, L.P 6,713 6,713    
    K-1 Exp ZEEV VENTURES VI, L.P 1,805 1,805    
    State or Local Filing Fees 180     180


    TY 2020 OtherIncomeSchedule2
    Name:
    The Passport Foundation
    EIN:
    26-1580196
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss ARAB ANGEL FUND I, L.P 140 140  
    K-1 Inc/Loss ATOMIC LABS II L.P 180 180  
    K-1 Inc/Loss AVF I, L.P 32 32  
    K-1 Inc/Loss BEE PARTNERS II LP 121 121  
    K-1 Inc/Loss BEE PARTNERS III LP 193 193  
    K-1 Inc/Loss BIG LEAGUE ADVANCE FUND II, LP 104 104  
    K-1 Inc/Loss BLOCKCHAIN CAPITAL IV, LP 262 262  
    K-1 Inc/Loss CH VENTURES 1, L.P. 2,745 2,745  
    K-1 Inc/Loss CIVILIZATION VENTURES II, L.P. 71 71  
    K-1 Inc/Loss CLOCKTOWER TECHNOLOGIES I LP 104 104  
    K-1 Inc/Loss CLOCKTOWER TECHNOLOGIES II, L.P 131 131  
    K-1 Inc/Loss COURTSIDE VENTURES II, L.P 398 398  
    K-1 Inc/Loss CRATON CAPITAL, L.P 1,245 1,245  
    K-1 Inc/Loss CRE VENTURE CAPITAL FUND II, L.P 2,934 2,934  
    K-1 Inc/Loss FORMATION8 PARTNERS ENTREPRENEURS FUN 149 149  
    K-1 Inc/Loss FORMATION8 PARTNERS FUND I LP 261 261  
    K-1 Inc/Loss FYRFLY VENTURE PARTNERS FUND II, LP 1,418 1,418  
    K-1 Inc/Loss GOVTECH FUND I, L.P 401,636 401,636  
    K-1 Inc/Loss GOVTECH FUND II, L.P 2,730 2,730  
    K-1 Inc/Loss HAVENCREST HEALTHCARE PARTNERS, LP 3,032 101  
    K-1 Inc/Loss HUAXING CAPITAL PARTNERS II, LP 234 234  
    K-1 Inc/Loss HUAXING CAPITAL PARTNERS, LP 881 881  
    K-1 Inc/Loss IB HOLDING, LLC 620 620  
    K-1 Inc/Loss INNOVATION WORKS DEVELOPMENT FUND, LP 3,951 3,951  
    K-1 Inc/Loss LEARN CAPITAL VENTURE PARTNERS III, L -426 -426  
    K-1 Inc/Loss LEARNSTART I, L.P 1,386 975  
    K-1 Inc/Loss LEERINK REVELATION HEALTHCARE FUND I, 1,881 1,881  
    K-1 Inc/Loss LEGACY CAPITAL, LP 65,629 65,629  
    K-1 Inc/Loss LEGION PARTNERS, LP II 1,035 1,035  
    K-1 Inc/Loss LEVEL EQUITY GROWTH PARTNERS I, LP -4,383 75  
    K-1 Inc/Loss MAVEN VENTURES FUND III, L.P 43 43  
    K-1 Inc/Loss MITHRIL II LP 30 30  
    K-1 Inc/Loss MORTAR & MASH ONE, LLC -7,588 1,628  
    K-1 Inc/Loss NEW FORM CAPITAL I, L.P. 373 373  
    K-1 Inc/Loss NEXT COAST VENTURES FUND II, L.P. 15 15  
    K-1 Inc/Loss NEXT COAST VENTURES I, LP 145 142  
    K-1 Inc/Loss NIMBLE PARTNERS FUND I, LP 12,799 14,248  
    K-1 Inc/Loss PARQUET CAPITAL I, LLC 8,918 8,933  
    K-1 Inc/Loss PEAR VENTURES I, LP 168 168  
    K-1 Inc/Loss PEAR VENTURES II LP 247 247  
    K-1 Inc/Loss PEAR VENTURES III, L.P 9 9  
    K-1 Inc/Loss PRECURSOR VENTURES I, L.P 71 71  
    K-1 Inc/Loss PRECURSOR VENTURES II, L.P 221 221  
    K-1 Inc/Loss QUIET GROWTH I, L.P 337 337  
    K-1 Inc/Loss ROCANA VENTURE PARTNERS II, L.P -2,511 977  
    K-1 Inc/Loss SIGNALFIRE BREAKOUT FUND II, L.P 8 8  
    K-1 Inc/Loss SILVER LAKE WATERMAN FUND II, LP 22,995 22,995  
    K-1 Inc/Loss SILVER LAKE WATERMAN FUND, L.P 87,076 87,076  
    K-1 Inc/Loss STREAMLINED VENTURES I, LP 703 703  
    K-1 Inc/Loss STREAMLINED VENTURES II, LP 782 782  
    K-1 Inc/Loss TANDEM FUND II, LP 459 459  
    K-1 Inc/Loss TANDEM FUND III, L.P 91 91  
    K-1 Inc/Loss THE CXO FUND, LLC 2,563 2,563  
    K-1 Inc/Loss TRIBE CAPITAL FUND I, L.P. 1,328 1,328  
    K-1 Inc/Loss TRIBE CAPITAL LLC SERIES 8 352 352  
    K-1 Inc/Loss WILL VENTURES FUND I, L.P 213 213  
    K-1 Inc/Loss YASI VENTURES, L.P 388 388  
    K-1 Inc/Loss ZEEV VENTURES VI, L.P 47 47  
    Federal Tax Refund 2,042    
    INTEREST FROM CLOCKTOWER TECHNOLOGIES II 53 53  
    INTEREST FROM NIMBLE PARTNERS FUND I 11,413 11,413  


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    The Passport Foundation
    EIN:
    26-1580196
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Philanthropic Consulting Srvcs 147,000     147,000


    TY 2020 TaxesSchedule
    Name:
    The Passport Foundation
    EIN:
    26-1580196
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 29,600      


    TY 2020 TransfersFrmControlledEntities
    Name:
    The Passport Foundation
    EIN:
    26-1580196
    Name US /
    Foreign Address    		 EIN Description Amount
    NIMBLE PARTNERS FUND I LP 1 LETTERMAN DRIVE BLDG A STE 4900
    SAN FRANCISCO,CA94129     		84-4303514 THIS ENTITY IS NOT AN EXCESS BUSINESS HOLDING. 0
    Total     0

    TY 2020 TransfersToControlledEntities
    Name:
    The Passport Foundation
    EIN:
    26-1580196
    Name US /
    Foreign Address    		 EIN Description Amount
    NIMBLE PARTNERS FUND I LP 1 LETTERMAN DR BLDG A STE 4900
    SAN FRANCISCO,CA94129     		84-4303514 CAPITAL CONTRIBUTION TO PARTNERSHIP 22,619,299
    Total     22,619,299