TY 2020 Form 990PF

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)
	1	Contributions, gifts, grants, etc., received (attach schedule)	10,540,000
2	Check .............
3	Interest on savings and temporary cash investments	163,118	163,118	163,118
4	Dividends and interest from securities...	156,421	156,421	156,421
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		629,367
b	Gross sales price for all assets on line 6a 691,281
7	Capital gain net income (from Part IV, line 2)...		629,367
8	Net short-term capital gain.........			0
9	Income modifications...........
10a	Gross sales less returns and allowances	152,261
b	Less: Cost of goods sold....	78,960
c	Gross profit or (loss) (attach schedule).....		73,301		73,301
11	Other income (attach schedule).......		3,467,638	154,303	3,467,638
12	Total. Add lines 1 through 11........	15,029,845	1,103,209	3,860,478
	13	Compensation of officers, directors, trustees, etc.	81,237	0	20,862	60,375
14	Other employee salaries and wages......	6,704,981	0	1,722,065	4,982,916
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		46,475	0	6,684	39,791
b	Accounting fees (attach schedule).......		101,328	0	0	101,328
c	Other professional fees (attach schedule)....		1,082,617	32,725	55,259	1,027,358
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		45,808	0	0	45,808
19	Depreciation (attach schedule) and depletion...		4,175,218	0	1,072,336
20	Occupancy..............	43,715	0	11,227	32,488
21	Travel, conferences, and meetings.......	60,321	0	9,282	51,039
22	Printing and publications..........
23	Other expenses (attach schedule).......		4,717,869	161,264	962,763	2,355,363
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	17,059,569	193,989	3,860,478	8,696,466
25	Contributions, gifts, grants paid.......	5,400,000			5,400,000
26	Total expenses and disbursements. Add lines 24 and 25	22,459,569	193,989	3,860,478	14,096,466
	27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-7,429,724
b	Net investment income (if negative, enter -0-)		909,220
c	Adjusted net income (if negative, enter -0-)...			0

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	32,682,484	30,454,410	30,454,410
	3	Accounts receivable 113,865
		Less: allowance for doubtful accounts	653,746	113,865	113,865
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............	239,917	219,228	219,228
	9	Prepaid expenses and deferred charges..........	464,549	149,971	149,971
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	5,243,961	6,416,193	6,416,193
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	19,294,726	25,783,955	25,783,955
	14	Land, buildings, and equipment: basis 137,612,664
		Less: accumulated depreciation (attach schedule) 14,507,735	126,062,206	123,104,929	123,104,929
	15	Other assets (describe )	652,099	987,648	987,648
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	185,293,688	187,230,199	187,230,199
	17	Accounts payable and accrued expenses..........	355,442	220,004
	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 )	3,398,743	3,005,868
	23	Total liabilities (add lines 17 through 22).........	3,754,185	3,225,872
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	180,961,070	183,591,717
	25	Net assets with donor restrictions............	578,433	412,610
		Foundations that do not follow FASB ASC 958, check here
		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
	29	Total net assets or fund balances (see instructions).....	181,539,503	184,004,327
	30	Total liabilities and net assets/fund balances (see instructions).	185,293,688	187,230,199

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

181,539,503

Enter amount from Part I, line 27a .....................

-7,429,724

Other increases not included in line 2 (itemize) bullet

9,894,548

Add lines 1, 2, and 3 ..........................

184,004,327

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

184,004,327

(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 - FROM PMA 301188	P	2020-01-01	2020-12-31
b	PUBLICLY TRADED SECURITIES - FROM PMA 301188	P	2019-01-01	2020-12-31
c	PASSTHROUGH FROM LEGACY VENTURES VI	P	2020-01-01	2020-12-31
d	PASSTHROUGH FROM LEGACY VENTURES VI	P	2019-01-01	2020-12-31
e	PASSTHROUGH FROM SILVER LAKE WATERMAN FUND	P	2020-01-01	2020-12-31
	PASSTHROUGH FROM SILVER LAKE WATERMAN FUND	P	2019-01-01	2020-12-31
	PASSTHROUGH FROM SILVER LAKE WATERMAN FUND II	P	2019-01-01	2020-12-31
	PASSTHROUGH FROM LEGACY VENTURES IX	P	2019-01-01	2020-12-31
	PASSTHROUGH FROM LEGACY VENTURES IX	P	2019-01-01	2020-12-31
	CAPITAL GAINS DISTRIBUTION	P	2019-01-01	2020-12-31

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	47,867	56,962	-9,095
b	9,409	4,800	4,609
c	5,942		5,942
d	504,442		504,442
e	94		94
	85,613		85,613
	34,462		34,462
	26		26
		152	-152
	3,426		3,426

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			-9,095
b			4,609
c			5,942
d			504,442
e			94
			85,613
			34,462
			26
			-152
			3,426

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	629,367
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 ...................		3	-3,059

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	12,638
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	0
3	Add lines 1 and 2...........................	3	12,638
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	12,638
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	20,000
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	20,000
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	7,362
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax0	Refunded	11	7,362

(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
JOAN KRIENS	PRESIDENT 40.00	59,062	5,398	0
PO BOX 3141 SARATOGA,CA95070
SCOTT KRIENS	VICE PRESIDENT 40.00	22,175	2,272	0
PO BOX 3141 SARATOGA,CA95070
KEN BAKER	TREASURER/ SECRETARY 10.00	0	0	0
PO BOX 3141 SARATOGA,CA95070


(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
FRANK ASHMORE	MANAGING DIRECTOR 40.00	335,500	24,923	0
PO BOX 3141 SARATOGA,CA95070	MANAGING DIRECTOR 40.00	335,500	24,923	0
LAWRENCE MALONEY	DIRECTOR OF FINANCE 40.00	220,447	13,052	0
PO BOX 3141 SARATOGA,CA95070	DIRECTOR OF FINANCE 40.00	220,447	13,052	0
MICHAEL BERRIO	SR. DIRECTOR OF OPER 40.00	189,854	13,196	0
PO BOX 3141 SARATOGA,CA95070	SR. DIRECTOR OF OPER 40.00	189,854	13,196	0
KATHLEEN KENNEDY	EXECUTIVE DIRECTOR 40.00	185,262	0	0
PO BOX 3141 SARATOGA,CA95070	EXECUTIVE DIRECTOR 40.00	185,262	0	0
ERIK DUBOIS	DIRECTOR OF IT AND A 40.00	178,123	5,259	0
PO BOX 3141 SARATOGA,CA95070	DIRECTOR OF IT AND A 40.00	178,123	5,259	0
Total number of other employees paid over $50,000...................				28


FINLAYSON CONSTRUCTION	CONSTRUCTION	889,779
4525 SCOTTS VALLEY DRIVE SCOTTS VALLEY,CA95066
JOE HERMAN	CONSULTING	131,000
39 SCHOOL LANE LLOYD HARBOR,NY11743
WILLIAM HOOS	CONSULTING	128,150
128 GRAYLYN DR CHAPEL HILL,NC27516
FRANK RIMERMAN CO LLP	ACCOUNTING	79,050
PO BOX 39290 LOS ANGELES,CA90039
GERALD YATES	ARCHITECT	70,448
2707 CATALINA HEIGHTS WAY VISTA,CA92084

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	OUR EDUCATIONAL FACILITY OPENED AT THE END OF MAY 2017 AND HOSTED OVER 150 PROGRAMS AND CONFERENCES THAT FOCUSED ON WHOLE PERSON AND PROFESSIONAL DEVELOPMENT AS WELL AS HEALTH AND WELLNESS PROGRAMS SERVING OVER 8,000 PEOPLE.	9,883,140
2


3


4

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

		(a) Corpus	(b) Years prior to 2019	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......
b Total for prior years:20, 20, 20
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: $
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.....
e Remaining amount distributed out of corpus
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
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 ..........
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 ......
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....

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	(e) Total
	0	3	0	0	3
b 85% of line 2a .........	0	3	0	0	3
c Qualifying distributions from Part XII, line 4 for each year listed .....	15,144,486	7,689,389	25,879,559	45,831,975	94,545,409
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........	5,400,000	2,000,000	500,000	16,147,030	24,047,030
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	9,744,486	5,689,389	25,379,559	29,684,945	70,498,379
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......					0
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)					0
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...	1,379,536	1,422,143	1,479,994	1,583,122	5,864,795
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) ....					0
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....					0
(3) Largest amount of support from an exempt organization					0
(4) Gross investment income					0

JOAN KRIENS

SCOTT KRIENS

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:

3 Grants and Contributions Paid During the Year or Approved for Future Payment
aPaid during the year
SILICON VALLEY CHARITABLE FOUNDATION 2440 W EL CAMINO REAL 300 MOUNTAIN VIEW,CA94040	FDTN MGRS ARE DONOR ADVISORS	PC	TO SUPPORT THE SILICON VALLEY COMMUNITY	5,400,000
Total ................................. 3a	5,400,000

Line No.	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.)
1	PROGRAM SERVICE REVENUE SUPPORTED THE CONTINUATION OF HOLDING MULTIPLE WORKSHOPS FOR PERSONAL DEVELOPMENT, HEALTH AND WELLNESS, AND PROFESSIONAL DEVELOPMENT.
10	THE RETAIL STORE SELLS ITEMS DIRECTLY RELATED TO HEALTH AND WELLNESS. THESE ACTIVITIES CONTRIBUTE IMPORTANTLY TO THE ACHIEVEMENT OF THE FOUNDATION'S EXEMPT PURPOSE BY ENHANCING PUBLIC AWARENESS AND APPRECIATION FOR WHOLE PERSON DEVELOPMENT.

(a) Reserved	(b) Reserved	(c) Reserved	(d) Reserved

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	(e) Related or exempt function income (See instructions.)
aMULTIVERSITY PROGRAM SERVICE REVENUE					3,313,335
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	163,118
4 Dividends and interest from securities....			14	156,421
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.....			14	154,303
8 Gain or (loss) from sales of assets other than inventory ............			18	629,367
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory					73,301
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		1,103,209	3,386,636

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Name of organization THE 1440 FOUNDATION

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	SCOTT AND JOAN KRIENS PO BOX 3141 SARATOGA, CA95070	$ 10,000,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	ANNE M SORDEN PO BOX 3141 SARATOGA, CA95070	$ 120,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
3	GEORGE FAMILY FOUNDATION 1818 OLIVER AVE SOUTH MINNEAPOLIS, MN55405	$ 400,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
4	15FIVE PO BOX 3141 SARATOGA, CA95070	$ 20,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

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
FINLAYSON CONSTRUCTION	CONSTRUCTION	889,779
4525 SCOTTS VALLEY DRIVE SCOTTS VALLEY,CA95066	CONSTRUCTION	889,779
JOE HERMAN	CONSULTING	131,000
39 SCHOOL LANE LLOYD HARBOR,NY11743	CONSULTING	131,000
WILLIAM HOOS	CONSULTING	128,150
128 GRAYLYN DR CHAPEL HILL,NC27516	CONSULTING	128,150
FRANK RIMERMAN CO LLP	ACCOUNTING	79,050
PO BOX 39290 LOS ANGELES,CA90039	ACCOUNTING	79,050
GERALD YATES	ARCHITECT	70,448
2707 CATALINA HEIGHTS WAY VISTA,CA92084	ARCHITECT	70,448

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
SILICON VALLEY CHARITABLE FOUNDATION 2440 W EL CAMINO REAL 300 MOUNTAIN VIEW,CA94040	FDTN MGRS ARE DONOR ADVISORS	PC	TO SUPPORT THE SILICON VALLEY COMMUNITY	5,400,000
Total ................................. 3a				5,400,000

bApproved for future payment

Total ................................. 3b				0

Name of organization THE 1440 FOUNDATION		Employer identification number 77-0456449

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
		$
(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)


Name of organization THE 1440 FOUNDATION			Employer identification number 77-0456449
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.) $ Use duplicate copies of Part III if additional space is needed.

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
GLOO HOLDINGS, LLC	FMV	8,000,000	8,000,000
BLUE NOTE VENTURES, LP	FMV	3,841,948	3,841,948
SILVERLAKE WATERMAN FUND, LP	FMV	917,959	917,959
LEGACY VENTURE VI, LP	FMV	2,677,029	2,677,029
SILVERLAKE WATERMAN FUND II, LP	FMV	2,857,722	2,857,722
KNOWLEDGE FACTOR	FMV	244,489	244,489
HEADSPACE	FMV	4,138,750	4,138,750
INTERAXON	FMV	138,992	138,992
MINDSIGHT MEDIA	FMV	991,666	991,666
EDGEWOOD	FMV	38,128	38,128
SPDR S&P	FMV	105,434	105,434
EMINDFUL	FMV	125,017	125,017
MEETMINDFUL	FMV	238,617	238,617
INSIGHT NETWORKS	FMV	375,284	375,284
MINDSIGHT SAFE	FMV	170,000	170,000
LEGACY VENTURE IX, LP	FMV	244,809	244,809
FIREBRAND VENTURES II	FMV	526,314	526,314
HENNESSY JAPAN FUND	FMV	15,666	15,666
INVESCO ETF S&P 500	FMV	30,099	30,099
VANGUARD FTSE ALL WORLD	FMV	33,557	33,557
VANGUARD FTSE EMERGING MARKETS	FMV	18,040	18,040
ARTISAN FOCUS FUND	FMV	33,492	33,492
VANECK VECTORS ETF	FMV	10,086	10,086
SPYGLASS GROWTH FUND	FMV	10,857	10,857

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
GOBLU INTERNATIONAL NOTE	191,930	191,930	191,930
DEPOSITS	-11,126	0	0
HAPPIFY NOTE	55,372	364,337	364,337
WISDOM LABS NOTE	227,348	227,348	227,348
MIND SIGHT MEDIA NOTE	59,375	50,000	50,000
SOFTWARE	121,444	121,444	121,444
WEBSITE - OP CO	-7,872	0	0
EMINDFUL NOTE	15,628	23,214	23,214
INTEREST ACCRUED ON NOTES RECEIVABLE	0	9,375	9,375

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INSURANCE EXPENSE	172,746	0	44,367	128,379
BANK FEES	6,329	0	1,539	4,790
BOOKS, SUBSCRIPTIONS, AND REFERENCES	52,471	0	13,097	39,374
OFFICE EXPENSES	92,857	0	22,343	70,514
POSTAGE	3,807	0	558	3,249
PRINTING	15,010	0	3,855	11,155
TELECOMMUNICATIONS	168,054	0	43,119	124,935
REPAIRS & MAINTENANCE	257,701	0	66,186	191,515
UTILITIES	431,870	0	110,919	320,951
REGISTRATION & LICENSE FEES	10,616	0	2,635	7,981
MARKETING	587,926	0	144,288	443,638
CONTRACT LABOR	60,682	0	15,585	45,097
OTHER OPERATING EXPENSES	530,252	0	136,090	394,162
COST OF SALES	766,715	0	196,918	569,797
SCHOLARSHIPS	-174	0	0	-174
NET PASSTHRU EXPENSES FROM LEGACY VENTURES VI	28,929	28,929	28,929	0
NET PASSTHRU EXPENSES FROM SILVER LAKE WATERMAN	5	5	5	0
NET PASSTHRU EXPENSES FROM GLOO HOLDINGS	1,399,750	1,399,750	1,399,750	0
NET PASSTHRU EXPENSES FROM BLUE NOTE VENTURES	41,680	41,680	41,680	0
NET PASSTHRU EXPENSES FROM LEGACY VENTURE IX	12,460	12,460	12,460	0
NET PASSTHRU EXPENSES FROM FIREBRAND VENTURES II	74,213	74,213	74,213	0
N/D EXPENSES FROM GLOO HOLDINGS	3,844	0	0	0
N/D EXPENSES FROM FIREBRAND VENTURES II	126	0	0	0
ORDINARY LOSS FROM PASSTHROUGH - UBTI ADJUSTMENT	0	-58	-58	0
K-1 AT RISK LOSS LIMITATION	0	-1,395,715	-1,395,715	0

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER INCOME - LEGACY VENTURES VI	1,295	1,295	1,295
ORDINARY INCOME - SILVER LAKE WATERMAN	88,220	88,220	88,220
ORDINARY INCOME - SILVER LAKE WATERMAN II	124,152	124,152	124,152
MANAGEMENT FEES	-7,049	-7,049	-7,049
OTHER INVESTMENT INCOME	-52,315	-52,315	-52,315
MULTIVERSITY PROGRAM SERVICE REVENUE	3,313,335		3,313,335

Description	Amount
ACCRUAL TO CASH ADJUSTMENT	1,138,228
UNREALIZED GAIN/LOSS	8,756,320

Software ID:
Software Version:

Description	Beginning of Year - Book Value	End of Year - Book Value
DEFERRED TAX	148,000	233,000
ACCRUED EXPENSES	1,236,261	294,290
DEFERRED REVENUE	1,824,180	368,752
DEFERRED REVENUE - GIFT CARDS	190,302	138,951
SHORT TERM DEBT	0	1,970,875

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER PROFESSIONAL FEES	514,029	32,725	55,259	458,770
OTHER PROFESSIONAL FEES - DEVELOPMENT	568,588	0	0	568,588