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
Akonadi Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)436 14th Street 1417
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Oakland, CA94612
A Employer identification number

94-3329873
B Telephone number (see instructions)

(510) 663-3867
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$41,272,617J Accounting method:
Modified Cash
(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) 5,114,057
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 489,675 489,675  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,188,090
b Gross sales price for all assets on line 6a 18,354,680
7 Capital gain net income (from Part IV, line 2)... 5,888,182
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 41,837 -70,390  
12 Total. Add lines 1 through 11........ 8,833,659 6,307,467  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 423,095     423,095
14 Other employee salaries and wages...... 635,760     635,760
15 Pension plans, employee benefits....... 169,504     167,446
16a Legal fees (attach schedule)......... Click to see attachment 10,793     10,793
b Accounting fees (attach schedule)....... Click to see attachment 13,625     13,625
c Other professional fees (attach schedule).... Click to see attachment 747,986 282,908   395,453
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 52,119 13,724    
19 Depreciation (attach schedule) and depletion... Click to see attachment 2,206    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 42,102     42,128
22 Printing and publications.......... 4,438     4,438
23 Other expenses (attach schedule)....... Click to see list of attachments 117,873 335   117,538
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,219,501 296,967   1,810,276
25 Contributions, gifts, grants paid....... 4,002,850 4,302,850
26 Total expenses and disbursements. Add lines 24 and 25 6,222,351 296,967   6,113,126
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,611,308
b Net investment income (if negative, enter -0-) 6,010,500
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............. 181,889 139,537 139,537
2 Savings and temporary cash investments......... 3,890,124 1,185,960 1,185,960
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet481,833
Less: allowance for doubtful accounts bullet   481,833 Click to see attachment481,833 481,833
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 32,913 37,611 37,611
10a Investments—U.S. and state government obligations (attach schedule) 3,333,364 Click to see attachment3,952,487 4,116,787
b Investments—corporate stock (attach schedule)....... 13,517,291 Click to see attachment13,877,723 20,461,373
c Investments—corporate bonds (attach schedule)....... 5,770,653 Click to see attachment5,270,487 5,549,313
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,148,870 Click to see attachment8,033,206 9,125,681
14 Land, buildings, and equipment: basis bullet24,355
Less: accumulated depreciation (attach schedule) bullet2,206 24,131 Click to see attachment22,149 22,149
15 Other assets (describe bullet) Click to see attachment123,645 Click to see attachment152,373 Click to see attachment152,373
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 32,504,713 33,153,366 41,272,617
Liabilities 17 Accounts payable and accrued expenses.......... 10,293 81,987
18 Grants payable................. 2,400,000 2,100,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment9,193 Click to see attachment75,323
23 Total liabilities (add lines 17 through 22)......... 2,419,486 2,257,310
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........... 30,085,227  
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    
29 Total net assets or fund balances (see instructions)..... 30,085,227 30,896,056
30 Total liabilities and net assets/fund balances (see instructions). 32,504,713 33,153,366
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
30,085,227
2
Enter amount from Part I, line 27a .....................
2
2,611,308
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
32,696,535
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,800,479
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
30,896,056
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 Sales of Publicly Traded Securities P 2000-01-01 2020-12-31
b Capital Gain Distributions P 2000-01-01 2020-12-31
c Realized Gain/Loss from Partnerships P 2000-01-01 2020-12-31
d Sales of Donated Securities D 2000-01-01 2020-12-31
e
(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 12,943,338   10,165,032 2,778,306
b 118,767     118,767
c 249,976     249,976
d 5,042,599   2,301,466 2,741,133
e
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       2,778,306
b       118,767
c       249,976
d       2,741,133
e
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 5,888,182
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 83,546
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 83,546
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 83,546
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 42,447
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 48,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 90,447
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 53
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 6,848
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet6,848 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
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 .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletAkonadi.org
    14
    The books are in care ofbulletQuinn Delaney Telephone no.bullet (510) 663-3867

    Located atbullet436 14th Street Suite 1417OaklandCA ZIP+4bullet94612
    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
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Quinn Delaney Trustee
    25.00     		0    
    436 14th Street Suite 1417
    Oakland,CA94612
    Wayne Jordan Sec/Trustee
    2.00     		0    
    436 14th Street Suite 1417
    Oakland,CA94612
    Lateefah Simon President
    40.00     		411,227 11,868  
    436 14th Street Suite 1417
    Oakland,CA94612
    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
    Regina M Acebo Prog. Assist.
    40.00     		184,416 34,708  
    436 14th Street 1417
    Oakland,CA94612
    Iris C Garcia Prog. Assist.
    40.00     		124,194 20,378  
    436 14th Street 1417
    Oakland,CA94612
    Renee Geesler Prog. Assist.
    40.00     		122,106 18,679  
    436 14th Street 1417
    Oakland,CA94612
    Vanessa T Camarena-Arredondo Prog. Assist.
    40.00     		124,546 20,317  
    436 14th Street 1417
    Oakland,CA94612
    Cecilia Chen Prog. Assist.
    40.00     		69,808 8,841  
    436 14th Street 1417
    Oakland,CA94612
    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
    Change Consulting Consulting 69,000
    101 Broadway 202
    Oakland,CA94607
    RBC Dain Rauscher Investment Mgmt 282,908
    345 California Street Floor 28
    San Francisco,CA94104
    Be the Change Consulting Consulting 121,000
    2744 East 11th Street Suite A1
    Oakland,CA94601
    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
    24,506,377
    b
    Average of monthly cash balances.......................
    1b
    4,552,159
    c
    Fair market value of all other assets (see instructions)................
    1c
    8,094,921
    d
    Total (add lines 1a, b, and c).........................
    1d
    37,153,457
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    37,153,457
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    557,302
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    36,596,155
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,829,808
    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
    1,829,808
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    83,546
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    83,546
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,746,262
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,746,262
    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
    1,746,262
    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
    6,113,126
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    6,113,126
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    6,113,126
    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 1,746,262
    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...... 2,389,310
    b From 2016...... 2,813,082
    c From 2017...... 2,953,369
    d From 2018...... 3,387,895
    e From 2019...... 3,357,505
    fTotal of lines 3a through e........ 14,901,161
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 6,113,126
    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)........     		0
    d Applied to 2020 distributable amount..... 1,746,262
    e Remaining amount distributed out of corpus 4,366,864
    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 19,268,025
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		2,389,310
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		16,878,715
    10 Analysis of line 9:
    a Excess from 2016.... 2,813,082
    b Excess from 2017.... 2,953,369
    c Excess from 2018.... 3,387,895
    d Excess from 2019.... 3,357,505
    e Excess from 2020.... 4,366,864
    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).)
    Quinn Delaney
    Wayne Jordan
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    See Statement
    See Statement
    See Statement,CA94612     		See Statement PC See Statement 4,302,850
    Total .................................bullet 3a 4,302,850
    bApproved for future payment
    Young Women's Freeedom Center
    832 Folsom Street 700
    San Francisco,CA94107     		N/A PC Project support to Youth Law Center (YLC) which is a public interest law firm that has worked for four decades to transform foster care and juvenile justice systems across the nation 900,000
    Movement Strategy Center
    436 14th Street 5th Floor
    Oakland,CA94611     		N/A PC General support to the Bay Area Justice Funders Network membership 900,000
    Black Organizing Project
    1055 W Grand Ave
    Oakland,CA94607     		N/A PC Proviced project support to act as an anchor of collaborative campaign work to end the criminalization of Oakland students of color 300,000
    Total .................................bullet 3b 2,100,000
    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 ...........     		         
    4 Dividends and interest from securities....     14 489,675  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 3,188,090  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aLitigation Settlement     		    18 79  
    bOther Investment Income     14 143  
    cPartnership Income 900099 172   -70,533  
    dReturn of Capital     18 72,169  
    eTax Reclaim         39,807
    12 Subtotal. Add columns (b), (d), and (e).. 172 3,679,623 39,807
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,719,602
    (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.)
    11e Tax adjustment for withholdings on foreign dividends
    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: 20011551
    Software Version: 2020v4.0


    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
    Akonadi Foundation
     
    Employer identification number

    94-3329873
    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
    Akonadi Foundation
          		Employer identification number
    94-3329873
    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
    Wayne Jordan and Quinn Delaney
    436 14th St 1417
     
    Oakland, CA94612

    		$ 5,001,557


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    Triskeles Foundation
    707 Eagleview Blvd 105
     
    Exton, PA19341

    		$ 10,000


    (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
    Akonadi Foundation
          		Employer identification number

    94-3329873
    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
    		 See Attachment $ 5,001,557 2020-01-01
    (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
    Akonadi Foundation
          		Employer identification number

    94-3329873
    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: 20011551
    Software Version: 2020v4.0

    TY 2020 AccountingFeesSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Tax Preparation & Audit Fees 13,625 0 0 13,625

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

    TY 2020 DepreciationSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    20011551
    Software Version:
    2020v4.0
    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
    Computer 2015-12-12 13,043 7,452 SL 7.0000 1,863      
    Communications Hardware 2015-04-28 2,250 2,010 SL 7.0000 240      
    Office Equipment 2019-01-01 500   SL 7.0000 71      
    Office Equipment 2020-01-01 224   SL 7.0000 32      

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    MORGAN STANLEY, 2.625% 24,216 25,493
    ORACLE CORP, 2.4% 29,240 31,545
    UNITEDHEALTH GROUP INC, 3.75% 47,894 51,270
    BANK OF NEW YORK MELLON, 3.442% 61,658 73,079
    MERCK & CO INC, 2.4% 34,300 36,182
    APPLE INC, 3.2% 61,535 71,135
    VERIZON COMMUNICATIONS, 5.15% 41,795 45,074
    PRUDENTIAL FINL INC, 3.5% 30,446 33,021
    J P MORGAN CHASE & CO, 3.9% 45,591 51,122
    LOWES COS INC, 3.375% 25,257 27,903
    NOVARTIS CAPITAL CORP, 3.0% 34,542 38,714
    AT&T INC, 4.125% 35,499 40,504
    CALVERT SOCIAL INVT 2.0% 64,675 65,000
    EXPRESS SCRIPTS HLDG, 4.75% 53,129 54,180
    HOSPITALITY PPTYS TR, 4.350% 65,818 64,188
    AIR LEASE CORP 3.0% 66,117 69,389
    ZURICH REINS CENTRE HLDGS, 7.125% 61,899 67,245
    NASDAQ OMX GROUP, 3.850% 62,593 71,162
    WELLPOINT INC, 3.5% 63,267 68,028
    RAYMOND JAMES FINL, 3.625% 65,269 74,565
    JEFFERIES GROUP LLC, 4.85% 68,566 76,033
    CAPITAL ONE FINL CORP, 3.2% 63,663 67,430
    NIKE INC, 2.375% Sh 48,848 54,684
    ARROW ELECTRONICS, 3.5% 53,485 55,560
    KRAFT HEINZ FOODS, 3.0% 62,313 71,010
    TJX COS INC, 2.25% 60,894 72,237
    BANK OF NEW YORK MELLON, 2.95% 45,505 47,334
    AMGEN INC, 2.2% 37,077 37,520
    ABBVIE INC, 3.2% 33,787 33,621
    APPLE INC, 2.85% 69,919 73,509
    DEERE JOHN CORP, 2.8% 48,789 52,772
    GENERAL MILLS INC, 3.7% 30,014 32,672
    MICROSOFT CORP, 2.7% 67,762 76,044
    US BANCORP, 2.375% 64,389 75,781
    HOME DEPOT INC, 2.8% 46,986 55,637
    ANTHEM INC, 3.65% 33,331 40,361
    CAPITAL IMPACT PARTNERS INVT, 160,000 Sh 158,800 155,554
    AMERICAN EXPRESS CO, 2.5% 30,079 30,953
    SANOFI S A, 3.375% 40,779 42,902
    BOSTON PPTYS LTD, 3.8% 15,111 16,299
    UNITED STATES TREASURY NOTE, 2.875% 59,438 69,515
    UNITED PARCEL SVC, 3.4% 50,326 58,253
    NEW YORK N, 2.900% 84,587 86,760
    AMERICAN TOWER CORP, 4.4% 62,159 70,626
    DISCOVER FINL SVCS, 4.1% 63,888 70,277
    MICRON TECHNOLOGY INC, 4.185% 66,747 72,575
    SEAGATE HDD, 4.875% 64,111 74,264
    VERISIGN INC, 4.75% 63,862 65,442
    TESLA AUTO LEASE TR, 3.71% 21,484 21,420
    PENNSYLVANIA HSG FIN AGY, 3.12% 35,155 35,533
    BANK AMERICA FUNDING, 3.49% 13,062 13,154
    TESLA AUTO LEASE TR, 2.160% 12,998 13,282
    CALIFORNIA HEALTH FACS FING, 1.97% 10,000 10,366
    NEW YORK N Y CITY HSG DEV, 3.24% 60,367 64,947
    REINVESTMENT FD INC, 3.7% 59,794 62,286
    CALIFORNIA HEALTH FACS FING, 2.211% 10,000 10,601
    BANK AMER CORP, 2.45% 27,000 28,783
    CALIFORNIA HEALTH FACS, 2.7% 30,000 32,244
    FIRST CENTY BK 0.05% 200,000 200,000
    BANKUNITED NATL ASSN, 0.05% 200,000 200,009
    KEARNY BK 0.05% 200,000 200,000
    AXOS BK, 1.75% 200,260 200,000
    BANK AMER CORP, 1.486% 5,000 5,117
    J P MORGAN CHASE & CO, 0.653% 30,269 30,159
    CALIFORNIA HEALTH FACS FING, 0.952% 15,000 15,086
    BANK AMERICA FUNDING, 0.981% 10,000 10,109
    PRUDENTIAL FINL INC, 1.5% 6,970 7,263
    CALIFORNIA HEALTH FACS FING, 1.168% 10,000 10,063
    VISA INC, 0.75% 3,996 3,989
    PROLOGIS, 1.25% 4,981 4,951
    CALVERT SOCIAL INVT 1.5% 497,500 500,000
    HUNTINGTON NATL BK, 2.5% 68,188 68,153
    CROWN AMERICAS LLC, 4.5% 68,282 68,583
    WESTINGHOUSE AIR BRAKE, 4.4% 66,260 68,946
    EXPEDIA INC, 4.5% 68,970 70,975
    DXC TECHNOLOGY, 4.125% 68,177 69,643
    BROADCOM CORP, 3.875% 65,043 70,705
    HCA INC, 4.5% 47,396 47,691
    UNITED RENTALS N AM, 5.5% 65,367 67,410
    ZIMMER BIOMET HLDGS, 3.55% 68,831 70,208
    UNIVERSITY OF CO, 2.421% 10,000 10,243
    UNIVERSITY OF CO, 2.421% 30,000 30,801
    AFRICAN DEV BK, 0.75% 14,979 15,178
    SIMON PROPERTY GROUP, 3.375% 29,850 32,622
    THERMO FISHER SCIENTIFIC INC, 4.133% 34,264 34,111
    STATE STREET CORP, 2.354% 44,587 53,364
    ANHEUSER BUSCH, 3.65% 32,244 33,911
    MASTERCARD INC, 3.3% 50,335 51,340
    WALT DISNEY CO, 2.0% 48,895 52,258
    INTEL CORP, 2.45% 20,477 21,695
    LINCOLN NATL CORP, 3.05% 10,919 11,153
    UNION PACIFIC CORP, 2.4% 28,978 32,295
    PEPSICO INC, 2.75% 51,302 50,386
    PROLOGIS, 1.25% 24,582 24,756
    ALEXANDRIA REAL ESTATE, 4.9% 18,770 19,100

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACI WORLDWIDE INC , 983 Sh 27,203 37,777
    ADVANCED ENERGY INDUSTRIES INC, 386 Sh 25,489 37,430
    DOLBY LABORATORIES INC, 773 Sh 48,256 75,081
    EMCOR GROUP INC, 402 Sh 26,941 36,767
    FORTINET INC, 354 Sh 32,594 52,580
    GRACO INC, 781 Sh 40,549 56,505
    GUIDEWIRE SOFTWARE INC, 314 Sh 23,815 40,421
    LIVE NATION ENTERTAINMENT INC, 601 Sh 28,239 44,161
    OLD DOMINION FREIGHT LINES INC, 382 Sh 40,299 74,559
    POWER INTEGRATIONS INC, 563 Sh 29,746 46,087
    REINSURANCE GROUP OF AMERICA, 384 Sh 40,681 44,506
    TRACTOR SUPPLY CO, 402 Sh 43,461 56,513
    AIA GROUP LTD, 4,100 Sh 127,874 200,933
    ALFA LAVAL AB, 3,543 Sh 59,840 97,627
    ALLIANZ SE, 8,883 Sh 157,328 218,140
    AMBEV S A, 26,622 Sh 60,123 81,463
    ATLAS COPCO ABSPONSORED, 3,643 Sh 117,831 186,795
    BANCO BILBAO VIZCAYA, 18,634 Sh 56,083 92,052
    CANADIAN NATIONAL RAILWAY, 829 Sh 68,361 91,065
    CHECK POINT SOFTWARE, 1,447 Sh 146,844 192,321
    DASSAULT SYSTEMS S A, 805 Sh 116,893 163,652
    DBS GROUP HOLDINGS LTD, 1,807 Sh 97,969 136,942
    FANUC CORPORATION, 3,721 Sh 68,007 91,399
    HDFC BK LTD, 1,114 Sh 47,242 80,497
    ICICI BANK LTD, 6,148 Sh 49,545 91,359
    INFINEON TECHNOLOGIES AG, 6,206 Sh 128,175 238,354
    KOMATSU LTD, 3,976 Sh 76,469 108,505
    KUBOTA CORPORATION, 1,114 Sh 73,393 121,440
    SAP SE, 1,542 Sh 163,978 201,061
    FUCHS PETROLUB SE, 3,630 Sh 38,828 51,568
    ITAU UNIBANCO BANCO HOLDING, 13,075 Sh 67,757 79,627
    THERMO FISHER SCIENTIFIC INC, 228 Sh 59,059 106,198
    PAX GLOBAL, 101,112.496 Sh 1,717,299 2,146,618
    ACTIVISION BLIZZARD, 1,232 Sh 87,186 114,391
    ALPHABET INC, 96 Sh 95,081 168,180
    AMAZON.COM INC, 87 Sh 87,190 283,353
    APPLE INC, 1,976 Sh 73,951 262,195
    BLACKROCK INC, 171 Sh 84,301 123,383
    DEXCOM INC, 320 Sh 58,092 118,310
    JACOBS ENGINEERING GROUP, 1,034 Sh 87,555 112,665
    MICROSOFT CORP, 1,156 Sh 75,962 257,118
    NIKE INC, 1,522 Sh 90,243 215,317
    PAYPAL HOLDINGS, 984 Sh 49,362 230,453
    S&P GLOBAL INC, 437 Sh 94,623 143,655
    SALESFORCE.COM INC, 591 Sh 76,790 131,515
    VISA INC, 1,051 Sh 115,156 229,885
    MEDTRONIC PLC, 1,320 Sh 106,899 154,625
    CROWN CASTLE INTERNATIONAL, 553 Sh 67,980 88,032
    CME GROUP INC, 430 Sh 77,356 78,281
    TARGET CORP, 1,235 Sh 88,333 218,015
    TAIWAN SEMICONDUCTOR MFG, 2,260 Sh 129,044 246,430
    AKAMAI TECHNOLOGIES, 1,880 Sh 122,299 197,381
    ALPHABET INC, 128 Sh 87,850 224,241
    CITRIX SYSTEMS, 1,065 Sh 72,527 138,557
    COOPER COMPANIES INC, 409 Sh 73,938 148,598
    HCA HEALTHCARE INC,958 Sh 79,274 157,553
    HOME DEPOT INC, 645 Sh 84,930 171,325
    MASTERCARD INC, 360 Sh 55,442 128,498
    MCCORMICK & CO INC, 2,148 Sh 106,355 205,349
    MICROSOFT CORP, 721 Sh 61,517 160,364
    PEPSICO INC, 1,215 Sh 113,130 180,185
    PROCTER & GAMBLE, 1,312 Sh 104,441 182,552
    SOUTHWEST AIRLINES CO, 2,542 Sh 122,379 118,483
    UNITED PARCEL SVC INC, 811 Sh 90,201 136,572
    VISA INC, 801 Sh 79,346 175,203
    NETFLIX INC, 349 Sh 133,944 188,715
    NVIDIA CORP, 95 Sh 25,614 49,609
    TESLA INC, 523 Sh 36,520 369,065
    BOOKING HOLDINGS INC, 49 Sh 94,844 109,136
    SPOTIFY TECHNOLOGIES, 311 Sh 50,377 97,859
    CHURCHILL DOWNS INC, 138 Sh 24,865 35,646
    ENVESTNET INC, 421 Sh 26,654 34,644
    ETSY INC, 664 Sh 56,470 118,132
    HENRY JACK & ASSOCIATES, 302 Sh 46,856 48,921
    QUALYS INC, 376 Sh 36,981 45,823
    ADIDAS AG, 669 Sh 76,349 121,924
    FOMENTO ECONOMICO, 1,772 Sh 123,919 134,264
    YANDEX, 949 Sh 36,206 66,031
    ARIEL APPRECIATION, 43,149.355 Sh 1,989,406 1,869,230
    A O SMITH CORPORATION, 1,009 Sh 49,726 55,313
    COGNEX CORP, 522 Sh 27,624 41,909
    INSPERITY, 398 Sh 26,945 32,405
    IRHYTHM TECHNOLOGIES INC, 272 Sh 31,745 64,521
    MOLINA HEALTHCARE, 208 Sh 33,237 44,237
    NEW YORK TIMES, 885 Sh 30,383 45,816
    NORDSON CORP, 275 Sh 38,458 55,261
    PAYCOM SOFTWARE, 93 Sh 23,970 42,059
    SEMTECH CORP, 515 Sh 28,320 37,126
    VERACYTE INC, 575 Sh 14,822 28,140
    ZYNGA INC, 4,126 Sh 28,652 40,724
    BAUSCH HEALTH, 2,539 Sh 55,289 52,811
    DIAGEO PLCSPONSORED, 836 Sh 118,828 132,765
    PING AN INSURANCE, 4,394 Sh 93,855 107,670
    SCHNEIDER ELECTRIC, 5,417 Sh 97,536 156,817
    SGS SA, 2,836 Sh 67,653 85,661
    TENCENT HOLDINGS, 1,971 Sh 105,429 143,367
    ALIGN TECHNOLOGY INC, 275 Sh 67,125 146,955
    DOCUSIGN, 838 Sh 51,350 186,287
    FACEBOOK INC, 692 Sh 115,432 189,027
    FIDELITY NATIONAL INFORMATION, 350 Sh 48,341 49,511
    KEYSIGHT TECHNOLOGIES, 1,177 Sh 116,670 155,470
    MATCH GROUP INC, 1,328 Sh 112,882 200,780
    ROCKWELL AUTOMATION, 746 Sh 154,066 187,104
    SPLUNK INC, 475 Sh 65,853 80,698
    ALCON INC, 1,256 Sh 79,297 82,870
    NIKE INC, 1,401 Sh 113,950 198,199
    NVIDIA CORP, 371 Sh 58,539 193,736
    SQUARE INC, 785 Sh 48,659 170,847
    ACADIA PHARMACEUTICALS, 2,508 Sh 111,360 134,078
    AMGEN INC, 448 Sh 94,749 103,004
    INIVATE CORPORATION, 4,884 Sh 85,641 204,200
    NORTONLIFELOCK INC, 5,804 Sh 123,619 120,607
    ANALOG DEVICES INC, 1,028 Sh 142,959 151,866
    AUTODESK INC, 385 Sh 96,534 117,556
    CATALENT INC, 508 Sh 25,767 52,868
    ESTEE LAUDER CO, 429 Sh 95,825 114,196
    FIRST REPUBLIC BANK, 807 Sh 106,287 118,573
    GUARDANT HEALTH, 924 Sh 82,731 119,085
    ILLUMINA INC, 311 Sh 99,769 115,070
    INSULET CORP, 283 Sh 54,060 72,343
    LULULEMON ATHLETICA, 185 Sh 41,005 64,386
    OKTA INC, 237 Sh 22,598 60,259
    QUALCOMM INC, 693 Sh 102,674 105,571
    WALT DISNEY CO, 680 Sh 91,253 123,202
    ZOETIS INC, 899 Sh 115,601 148,784
    ARISTA NETWORKS, 133 Sh 35,096 38,656
    BERRY GLOBAL GROUP, 1,207 Sh 52,626 67,821
    BLACKLINE INC, 249 Sh 17,338 33,212
    CARMAX INC, 453 Sh 40,290 42,790
    CITIZENS FINANCIAL GROUP, 1,944 Sh 53,817 69,517
    DICKS SPORTING GOODS, 657 Sh 26,989 36,930
    EVERBRIDGE INC, 211 Sh 25,580 31,454
    FORTUNE BRANDS HOME & SEC, 312 Sh 21,039 26,744
    GODADDY, 739 Sh 63,425 61,300
    HYATT HOTELS, 775 Sh 48,833 57,544
    INARI MEDICAL, 426 Sh 31,352 37,185
    LITHIA MOTORS, 88 Sh 23,271 25,755
    MOHAWK INDUSTRIES, 314 Sh 28,758 44,258
    MOSAIC COMPANY, 2,120 Sh 42,435 48,781
    OKTA INC, 211 Sh 35,457 53,649
    PERFORMANCE FOOD GROUP, 596 Sh 22,049 28,376
    PVH CORP, 554 Sh 35,136 52,015
    REVOLVE GROUP, 801 Sh 23,363 24,967
    SYNCHRONY FINANCIAL, 1,749 Sh 43,826 60,708
    TOPBUILD CORP, 188 Sh 30,865 34,607
    UNIVERSAL DISPLAY CORP, 140 Sh 22,014 32,172
    ZENDESK INC, 279 Sh 23,819 39,930
    ADYEN NV,4,942 Sh 111,593 230,386
    ALIBABA GROUP, 374 Sh 79,001 87,041
    NITORI HOLDINGS CO, 2,937 Sh 49,330 61,504
    RITCHIE BROS, 441 Sh 29,444 30,671

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    20011551
    Software Version:
    2020v4.0
    US Government Securities - End of Year Book Value:

    3,039,037
    US Government Securities - End of Year Fair Market Value:

    3,154,527
    State & Local Government Securities - End of Year Book Value:


    913,450
    State & Local Government Securities - End of Year Fair Market Value:


    962,260


    TY 2020 InvestmentsOtherSchedule2
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    DOUBLE BOTTOM LINE AT COST 160,267 105,292
    GENERATION ASIA FUND AT COST 732,699 852,394
    GENERATION IM AT COST 770,000 793,619
    ILLUMEN CAPITAL LP AT COST 178,014 178,014
    DOUBLE BOTTOM LINE IV AT COST 324,705 334,508
    GENERATION ASIA GLOBAL FUND AT COST 4,101,027 4,621,741
    SJF VENTURES V AT COST 48,886 50,000
    REINVENTURE LP AT COST 250,000 250,000
    DOUBLE BOTTOM LINE III AT COST 467,608 1,129,839
    BROWN CAP MGMT, 39,354.585 Sh AT COST 1,000,000 1,020,858

    TY 2020 LandEtcSchedule2
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 24,355 2,206 22,149 22,149


    TY 2020 LegalFeesSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal Fees 10,793 0 0 10,793


    TY 2020 OtherAssetsSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Accrued Interest 123,645 152,373 152,373


    TY 2020 OtherDecreasesSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Amount
    Basis Adjustment 1,761,473
    Book to Tax Difference 39,006


    TY 2020 OtherExpensesSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    403B Administration 4,857     4,857
    Bank Service Charges 335 335    
    Computers, Phone & Software 22,424     22,424
    IT Support 21,135     21,135
    Membership & Subscriptions 9,554     9,554
    Office Hardware 4,764     4,764
    Office Supplies 14,473     14,473
    Other Administration Expenses 225     225
    Other Expenses 277     277
    Payroll Service Fees 1,804     1,804
    Postage Fees 8,832     8,832
    Professional Development 27,322     27,322
    Website Expenses 1,871     1,871


    TY 2020 OtherIncomeSchedule2
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Litigation Settlement 79    
    Other Investment Income 143 143  
    Partnership Income -70,361 -70,533  
    Return of Capital 72,169    
    Tax Reclaim 39,807    


    TY 2020 OtherLiabilitiesSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Beginning of Year - Book Value End of Year - Book Value
    Deferred Excise Tax 9,193 75,323


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

    TY 2020 OtherNotesLoansRcvblLongSch
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    20011551
    Software Version:
    2020v4.0

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    Feed The Hunger N/A 100,000 356,833 2015-09 2019-02 42 Months 200.00 %   Help Finance Microenterprise    
    Red Bay N/A 100,000 125,000 2016-08 2021-08 60 Months 1200.00 %   Capital for Company Growth    

    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    External Communications 76,750 0 0 76,750
    Initiative/Other Consultants 369,895 0 0 300,270
    Investment Management Fees 282,908 282,908 0 0
    Website Design Fees 18,433 0 0 18,433


    TY 2020 TaxesSchedule
    Name:
    Akonadi Foundation
    EIN:
    94-3329873
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Federal Excise Tax 37,897      
    Foreign Taxes Paid on Investments 13,724 13,724    
    State Taxes 498