Form990-PF


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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
AINSLIE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1900 N PEARL STREET 20TH FLOOR
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DALLAS, TX75201
A Employer identification number

81-4732333
B Telephone number (see instructions)

(214) 880-4000
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$393,841,302
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 79 79  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 8,263,054
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)....... 0 1,497,400  
12 Total. Add lines 1 through 11........ 79 9,760,533  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 298 0   298
b Accounting fees (attach schedule)....... 3,980 995   2,985
c Other professional fees (attach schedule).... 2,085 2,085   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 1,717,141 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,723,504 3,080   3,283
25 Contributions, gifts, grants paid....... 13,907,000 13,907,000
26 Total expenses and disbursements. Add lines 24 and 25 15,630,504 3,080   13,910,283
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -15,630,425
b Net investment income (if negative, enter -0-) 9,757,453
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 88,654 566,061 566,061
2 Savings and temporary cash investments......... 653,149 503,225 503,225
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) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 99,080,866 Click to see attachment114,939,541 114,939,541
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 250,366,316 Click to see attachment277,832,475 277,832,475
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment116,558 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 350,305,543 393,841,302 393,841,302
Liabilities 17 Accounts payable and accrued expenses..........   1,508,583
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 1,508,583
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 350,305,543 392,332,719
29 Total net assets or fund balances (see instructions)..... 350,305,543 392,332,719
30 Total liabilities and net assets/fund balances (see instructions). 350,305,543 393,841,302
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
350,305,543
2
Enter amount from Part I, line 27a .....................
2
-15,630,425
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
57,683,971
4
Add lines 1, 2, and 3 ..........................
4
392,359,089
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
26,370
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
392,332,719
Form 990-PF (2021)
Form 990-PF (2021)
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 STCG/(L) FROM SCH. K-1 INV. IN MAVERICK USA, L.P. P    
b LTCG/(L) FROM SCH. K-1 INV. IN MAVERICK USA, L.P. P    
c STCG/(L) FROM SCH. K-1 INV. IN MAVERICK LEVERED PARTNERS, L.P. P    
d LTCG/(L) FROM SCH. K-1 INV. IN MAVERICK LEVERED PARTNERS, L.P. P    
e STCG/(L) FROM SCH. K-1 INV. IN MAVERICK FUNDAMENTAL QUANT NEUTRAL, L.P. P    
LTCG/(L) FROM SCH. K-1 INV. IN MAVERICK FUNDAMENTAL QUANT NEUTRAL, L.P. P    
LTCG/(L) FROM SCH. K-1 INV. IN MAVERICK HOLDINGS C, L.P. P    
STCG/(L) FROM SCH. K-1 INV. IN MAVERICK LONG ENHANCED, L.P. P    
LTCG/(L) FROM SCH. K-1 INV. IN MAVERICK LONG ENHANCED, L.P. P    
LESS: STCG/(L) - UNRELATED BUSINESS TAXABLE INCOME FROM INVESTMENTS P    
LESS: LTCG/(L) - UNRELATED BUSINESS TAXABLE INCOME FROM INVESTMENTS P    
LTCG/(L) FROM LIQUIDATION OF INTEREST IN MAVERICK QM NEUTRAL, L.P. P    
(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       172,864
b       4,474,365
c       4,331,370
d       3,196,549
e       -12,566,744
      -187,849
      3,499,406
      9,318,330
      4,503,006
      -4,801,940
      -3,595,858
    80,445 -80,445
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       172,864
b       4,474,365
c       4,331,370
d       3,196,549
e       -12,566,744
      -187,849
      3,499,406
      9,318,330
      4,503,006
      -4,801,940
      -3,595,858
      -80,445
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 8,263,054
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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........................... 3 135,629
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- ..... 5 135,629
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 137,501
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 85,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 222,501
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
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 86,872
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet86,872 RefundedBullet 11 0
Part VI-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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletDE, TX
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions Click to see attachment.............
    11
    Yes
     
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletTONY HAIRSTON Telephone no.bullet (214) 880-4000

    Located atbullet1900 N PEARL STREET 20TH FLOORDALLASTX ZIP+4bullet75201
    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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
    Yes
     
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
    No
    c
    .........bullet
    d
    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? .................
    5d
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    LEE S AINSLIE III PRESIDENT & CO-CHAIR
    0.10
    0 0 0
    1900 N PEARL STREET 20TH FLOOR
    DALLAS,TX75201
    ELIZABETH M AINSLIE CO-CHAIR
    0.10
    0 0 0
    1900 N PEARL STREET 20TH FLOOR
    DALLAS,TX75201
    ALEX RAFAL SECRETARY
    0.10
    0 0 0
    1900 N PEARL STREET 20TH FLOOR
    DALLAS,TX75201
    W KEITH HENNINGTON TREASURER
    0.10
    0 0 0
    1900 N PEARL STREET 20TH FLOOR
    DALLAS,TX75201
    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
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-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 VIII-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 N/A 0
    2  
    All other program-related investments. See instructions.
    3 Click to see attachment 0
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    0
    b
    Average of monthly cash balances.......................
    1b
    1,770,676
    c
    Fair market value of all other assets (see instructions)................
    1c
    393,366,528
    d
    Total (add lines 1a, b, and c).........................
    1d
    395,137,204
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    395,137,204
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    5,927,058
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    389,210,146
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    19,460,507
    Part X
    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 IX, line 6..................
    1
    19,460,507
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    135,629
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    1,581,512
    c
    Add lines 2a and 2b............................
    2c
    1,717,141
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    17,743,366
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    17,743,366
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    17,743,366
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-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 XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2020
    (c)
    2020
    (d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 17,743,366
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 13,871,964
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 13,910,283
    a Applied to 2020, but not more than line 2a 13,871,964
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2021 distributable amount..... 38,319
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    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......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........
    17,705,047
    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) .......
    0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    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).)
    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 (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    ACADEMY CENTER OF THE ARTS
    600 MAIN STREET
    LYNCHBURG,VA24504
    N/A PC PERFORMING ARTS SCHOOL 5,000
    ACUMEN FUND INC
    40 WORTH STREET SUITE 303
    NEW YORK,NY10013
    N/A PC PROMOTION OF BUSINESS TO CREATE A GLOBAL COMMUNITY OF EMERGING LEADERS 100,000
    AFRICAN COMMUNITY & CONSERVATION FOUNDATION
    470 W 78TH ST STE 225
    CHANHASSEN,MN55317
    N/A PC PHILANTHROPY, WILDLIFE BIODIVERSITY, AND INTERNATIONAL RELATIONS 5,000
    THE ANIMAL MEDICAL CENTER
    510 E 62ND ST
    NEW YORK,NY10065
    N/A PC VETERINARY CARE, RESEARCH AND EDUCATION 10,000
    B ROBERT WILLIAMSON JR FOUNDATION
    300 PARK AVENUE
    NEW YORK,NY10022
    N/A PF EDUCATION 10,000
    BEACON OF HOPE LYNCHBURG
    PO BOX 1261
    LYNCHBURG,VA24505
    N/A PC EDUCATION - YOUTH DEVELOPMENT PROGRAMS 10,000
    THE BONE MARROW & CANCER FOUNDATION
    515 MADISON AVENUE SUITE 1130
    NEW YORK,NY10022
    N/A PC MEDICAL RESEARCH 10,000
    BOWDOIN COLLEGE
    4100 COLLEGE STATION
    BRUNSWICK,ME04011
    N/A PC EDUCATION 275,000
    BOYS & GIRLS CLUBS OF GREATER DALLAS INC
    PO BOX 140189
    DALLAS,TX75214
    N/A PC COMMUNITY OUTREACH 10,000
    GRENVILLE BAKER BOYS & GIRLS CLUB
    135 FOREST AVENUE
    LOCUST VALLEY,NY11560
    N/A PC COMMUNITY OUTREACH 10,000
    GLEN COVE BOYS AND GIRLS CLUB AT LINCOLN HOUSE
    113 GLEN COVE AVENUE
    GLEN COVE,NY11542
    N/A PC COMMUNITY OUTREACH 10,000
    BOYS & GIRLS CLUBS OF MARTIN COUNTY INC
    PO BOX 910
    HOBE SOUND,FL33475
    N/A PC COMMUNITY OUTREACH 50,000
    NANTUCKET BOYS & GIRLS CLUB
    PO BOX 269
    NANTUCKET,MA02554
    N/A PC COMMUNITY OUTREACH 10,000
    BOYS' CLUB OF NEW YORK
    287 EAST 10TH STREET
    NEW YORK,NY10009
    N/A PC COMMUNITY OUTREACH 65,000
    BUILDING LEGACIES ACROSS CAMPUSES
    3827 38TH AVENUE SW
    SEATTLE,WA98126
    N/A PC EDUCATION 10,000
    CARNEGIE HALL
    881 SEVENTH AVENUE
    NEW YORK,NY10019
    N/A PC ARTS 10,000
    CHRIST MEMORIAL CHAPEL
    PO BOX 582
    HOBE SOUND,FL33475
    N/A PC COMMUNITY OUTREACH 1,000
    CIA OFFICERS MEMORIAL FOUNDATION
    PO BOX 405
    HERNDON,VA20172
    N/A PC SCHOLARSHIPS & FINANCIAL AID TO SURVIVORS AND DEPENDENTS OF CIA OFFICERS 10,000
    COLBY COLLEGE
    4335 MAYFLOWER HILL
    WATERVILLE,ME04901
    N/A PC EDUCATION 50,000
    COMMUNITY FOUNDATION FOR NANTUCKET
    PO BOX 204
    NANTUCKET,MA02554
    N/A PC COMMUNITY AND ECONOMIC DEVELOPMENT FOR THE NANTUCKET AREA 5,000
    COMMON SENSE MEDIA
    650 TOWNSEND SUITE 435
    SAN FRANCISCO,CA94103
    N/A PC PROVIDE UNBIASED INFORMATION, TRUSTED ADVICE, AND INNOVATIVE TOOLS TO HELP HARNESS THE POWER OF MEDIA AND TECHNOLOGY 10,000
    THE CONSERVATION FUND
    1655 N FORT MYER DRIVE SUITE 1300
    ARLINGTON,VA222093199
    N/A PC CONSERVATION WORK 25,000
    COOPER HEWITT SMITHSONIAN DESIGN MUSEUM
    2 E 91ST STREET
    NEW YORK,NY10128
    N/A PC ARTS 100,000
    THE DUNBAR EARLY LEARNING CENTER
    12100 SE LANTANA AVENUE
    HOBE SOUND,FL33455
    N/A PC COMMUNITY OUTREACH 25,000
    EPISCOPAL HIGH SCHOOL
    1200 NORTH QUAKER LANE
    ALEXANDRIA,VA22302
    N/A PC EDUCATION 5,200,000
    ENVIRONMENTAL DEFENSE FUND
    257 PARK AVENUE SOUTH
    NEW YORK,NY10010
    N/A PC ENVIRONMENTAL PRESERVATION 100,000
    THE EVERGLADES FOUNDATION
    18001 OLD CUTLER ROAD SUITE 625
    PALMETTO BAY,FL33157
    N/A PC ENVIRONMENTAL PRESERVATION 100,000
    THE GARDEN CLUB OF AMERICA
    14 EAST 60TH STREET 3RD FLOOR
    NEW YORK,NY10022
    N/A PC ENVIRONMENTAL PRESERVATION 5,000
    NORTHWELL HEALTH
    2000 MARCUS AVENUE
    NEW HYDE PARK,NY10042
    N/A PC MEDICAL CENTER 35,000
    GLOBAL CITIZEN YEAR
    1625 CLAY STREET SUITE 400
    OAKLAND,CA94612
    N/A PC ENVIRONMENTAL CONSERVATION, PUBLIC HEALTH, AGRICULTURE, EDUCATION, AND SOCIAL ENTERPRISE IN FOREIGN COUNTRIES 25,000
    GREEN VALE SCHOOL
    250 VALENTINES LANE
    OLD BROOKVILLE,NY115452523
    N/A PC EDUCATION 5,000
    HARLEM CHILDREN'S ZONE
    35 EAST 125TH STREET
    NEW YORK,NY10035
    N/A PC SOCIAL SERVICES 100,000
    HOBE SOUND COMMUNITY CHEST INC
    PO BOX 511
    HOBE SOUND,FL334750511
    N/A PC SOCIAL SERVICES 10,000
    JACKSON HOLE LAND TRUST
    PO BOX 2897
    JACKSON,WY83001
    N/A PC LAND RESOURCES CONSERVATION 5,000
    JAMES B LEE JR SCHOLARSHIP FUND IN HONOR OF JOSEPH A MCBRIDE
    PO BOX 1366
    SOUTHAMPTON,NY11969
    N/A PC EDUCATION 5,000
    JUPITER ISLAND GARDEN CLUB
    PO BOX 1410
    HOBE SOUND,FL33475
    N/A PC ENVIRONMENTAL PRESERVATION 15,000
    JUPITER ISLAND MEDICAL CLINIC
    100 ESTRADA SQUARE
    HOBE SOUND,FL33455
    N/A PC MEDICAL CENTER 5,000
    JUPITER ISLAND HISTORICAL SOCIETY INC
    PO BOX 938
    HOBE SOUND,FL33475
    N/A PC ARTS 10,000
    JUST CAPITAL
    44 EAST 30TH STREET 11TH FLOOR
    NEW YORK,NY10016
    N/A PC SOCIAL SCIENCES 5,000
    KIPP NYC
    470 7TH AVENUE 10TH FLOOR
    NEW YORK,NY10018
    N/A PC EDUCATION 50,000
    LINCOLN CENTER
    70 LINCOLN CENTER PLAZA
    NEW YORK,NY100236583
    N/A PC ARTS 25,000
    LONG ISLAND CHILDREN'S MUSEUM
    11 DAVID AVENUE
    GARDEN CITY,NY11530
    N/A PC ARTS 2,500
    LYNCHBURG CITY SCHOOLS EDUCATION FOUNDATION
    915 COURT STREET
    LYNCHBURG,VA24504
    N/A PC EDUCATION 10,000
    MAINE RECOVERY FUND
    494 FOREST AVENUE
    PORTLAND,ME04101
    N/A PC SOCIAL SERVICES 75,000
    MARINE CORPS SCHOLARSHIP FOUNDATION
    909 N WASHINGTON ST STE 400
    ALEXANDRIA,VA22314
    N/A PC EDUCATING MARINE CORPS CHILDREN 100,000
    MAVERICK CAPITAL FOUNDATION
    1900 N PEARL STREET 20TH FLOOR
    DALLAS,TX75201
    N/A PF PHILANTHROPY, VOLUNTARISM, AND GRANTMAKING 2,300,000
    MEMORIAL SLOAN KETTERING CANCER CENTER
    1275 YORK AVENUE
    NEW YORK,NY10065
    N/A PC MEDICAL CENTER 10,000
    THE MUSEUM OF MODERN ART
    11 WEST 53 STREET
    NEW YORK,NY10019
    N/A PC ARTS 10,000
    NANTUCKET COTTAGE HOSPITAL FOUNDATION
    57 PROSPECT STREET
    NANTUCKET,MA02554
    N/A PC MEDICAL CENTER 10,000
    NANTUCKET CONSERVATION FOUNDATION
    PO BOX 13
    NANTUCKET,MA025540013
    N/A PC ENVIRONMENTAL PRESERVATION 15,000
    NANTUCKET HISTORICAL ASSOCIATION
    PO BOX 1016
    NANTUCKET,MA025541016
    N/A PC ARTS 10,000
    NANTUCKET LAND COUNCIL
    PO BOX 502
    NANTUCKET,MA02554
    N/A PC ENVIRONMENTAL PRESERVATION 2,500
    NANTUCKET PRESERVATION TRUST
    PO BOX 158
    NANTUCKET ISLAND,MA02554
    N/A PC ENVIRONMENTAL PRESERVATION 10,000
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    733 3RD AVENUE
    NEW YORK,NY10017
    N/A PC REHABILITATION PROGRAMS FOR THE MULTIPLE SCLEROSIS COMMUNITY 5,000
    NORTH COUNTRY GARDEN CLUB OF LONG ISLAND
    PO BOX 21
    LOCUST VALLEY,NY11560
    N/A PC ENVIRONMENTAL PRESERVATION 1,000
    NPOWER
    3 METROTECH CENTER MEZZANINE LEVEL
    BROOKLYN,NY11201
    N/A PC LAUNCHING DIGITAL CAREERS FOR MILITARY VETERANS AND YOUNG ADULTS FROM UNDERSERVED COMMUNITIES 100,000
    NEW YORK-PRESBYTERIAN HOSPITAL
    654 WEST 170TH STREET
    NEW YORK,NY10032
    N/A PC MEDICAL CENTER 50,000
    NYU LANGONE HEALTH
    1 PARK AVE 4TH FLOOR
    NEW YORK,NY10016
    N/A PC MEDICAL CENTER 5,000
    NYU LANGONE HEALTH
    1 PARK AVE 4TH FLOOR
    NEW YORK,NY10016
    N/A PC MEDICAL CENTER 5,000
    THE BARACK OBAMA FOUNDATION
    5235 S HARPER CT STE 1140
    CHICAGO,IL60615
    N/A PC INSPIRE, EMPOWER, AND CONNECT PEOPLE TO CHANGE THEIR WORLD 50,000
    OLD WESTBURY GARDENS
    PO BOX 430
    OLD WESTBURY,NY11568
    N/A PC ENVIRONMENTAL PRESERVATION 10,000
    ON COURSE FOUNDATION USA
    6649 WESTWOOD BLVD SUITE 500
    ORLANDO,FL32821
    N/A PC RECOVERY OF WOUNDED, INJURED, AND SICK SERVICE MEMBERS AND VETERANS THROUGH GOLF 5,000
    ONE LOVE FOUNDATION IN HONOR OF YEARDLEY LOVE
    PO BOX 368
    BRONXVILLE,NY10708
    N/A PC EDUCATION IN RELATIONSHIP VIOLENCE 5,000
    PARTNERSHIP TO END ADDICTION
    485 LEXINGTON AVENUE SUITE 300
    NEW YORK,NY10017
    N/A PC PROVIDING PERSONALIZED SUPPORT AND RESOURCES FOR FAMILIES IMPACTED BY ADDICTION 25,000
    PEER HEALTH EXCHANGE
    70 GOLD STREET
    SAN FRANCISCO,CA94133
    N/A PC COMMUNITY OUTREACH 50,000
    PEGASUS FOUNDATION
    PO BOX 787
    HOBE SOUND,FL33475
    N/A PC MARINE ANIMAL PROTECTION, WILDLIFE PROTECTION AND REHABILITATION 10,000
    PENCIL
    30 WEST 26TH STREET 5TH FLOOR
    NEW YORK,NY10010
    N/A PC EDUCATION 5,000
    PLANNED PARENTHOOD OF GREATER NEW YORK
    26 BLEECKER STREET
    NEW YORK,NY10012
    N/A PC SOCIAL SERVICES 10,000
    PLANNED PARENTHOOD OF SOUTH EAST AND NORTH FLORIDA
    2300 N FLORIDA MANGO ROAD
    WEST PALM BEACH,FL33409
    N/A PC SOCIAL SERVICES 5,000
    RISK AND RETURN
    1005 DEAD RUN DRIVE
    MCLEAN,VA22101
    N/A POF PROVIDING RESOURCES AND QUALITY TOOLS FOR FRONT-LINE PUBLIC SERVANTS 25,000
    ROBIN HOOD FOUNDATION
    826 BROADWAY 9TH FLOOR
    NEW YORK,NY10003
    N/A PC SOCIAL SERVICES 2,350,000
    THE ROCKEFELLER UNIVERSITY
    1230 YORK AVENUE
    NEW YORK,NY10065
    N/A PC EDUCATION, BIOMEDICAL RESEARCH 200,000
    SUCCESS ACADEMY CHARTER SCHOOLS
    95 PINE STREET FLOOR 6
    NEW YORK,NY10005
    N/A PC EDUCATION 25,000
    SUSTAINABLE NANTUCKET (DBA NANTUCKET SUSTAINABLE DEVELOPMENT CORPORATION)
    PO BOX 1244
    NANTUCKET,MA02554
    N/A PC AGRICULTURE, FOOD, NUTRITION 10,000
    SWIM ACROSS AMERICA
    11600 N COMMUNITY HOUSE ROAD SUITE
    100
    CHARLOTTE,NC28277
    N/A PC MEDICAL RESEARCH 5,000
    TEACH FOR AMERICA
    25 BROADWAY 12TH FLOOR
    NEW YORK,NY10004
    N/A PC EDUCATION 25,000
    THIRD OPTION FOUNDATION
    12007 SUNRISE VALLEY DRIVE SUITE 10
    RESTION,VA20191
    N/A PC SUPPORT TO FAMILIES OF GOVERNMENT EMPLOYEES WHO HAVE DIED OR BEEN SERIOUSLY INJURED IN THE SERVICE OF THEIR COUNTRY 10,000
    THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL
    PO BOX 309
    CHAPEL HILL,NC275140309
    N/A PC EDUCATION 10,000
    THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL
    PO BOX 309
    CHAPEL HILL,NC275140309
    N/A PC EDUCATION 5,000
    THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
    3451 WALNUT STREET SUITE 305
    PHILADELPHIA,PA19104
    N/A PC EDUCATION 25,000
    UPWELL TURTLES
    99 PACIFIC STREET SUITE 375-E
    MONTEREY,CA93940
    N/A PC PROTECTION FOR TURTLES AT SEA 5,000
    VIRGINIA ATHLETICS FOUNDATION
    PO BOX 400833
    CHARLOTTESVILLE,VA22904
    N/A PC EDUCATION 10,000
    JEFFERSON SCHOLARS FOUNDATION
    PO BOX 400891
    CHARLOTTESVILLE,VA229044891
    N/A PC EDUCATION 10,000
    THE UNIVERSITY OF VIRGINIA
    PO BOX 400331
    CHARLOTTESVILLE,VA229044331
    N/A PC EDUCATION 10,000
    VIRGINIA EPISCOPAL SCHOOL
    400 VES ROAD
    LYNCHBURG,VA24503
    N/A PC EDUCATION 60,000
    WEST PALM GOLF COMMUNITY TRUST
    3535 MILITARY TRAIL SUITE 101
    JUPITER,FL33458
    N/A PC DEVELOP AND OPERATE A WORLD CLASS PUBLIC RECREATIONAL GOLF FACILITY IN THE WEST PALM BEACH COMMUNITY 250,000
    WILDLIFE CONSERVATION SOCIETY
    2300 SOUTHERN BOULEVARD
    BRONX,NY10460
    N/A PC ENVIRONMENTAL PRESERVATION 1,150,000
    THE WORLD TRADE CENTER PERFORMING ARTS CENTER
    ONE LIBERTY PLAZA 29TH FLOOR
    NEW YORK,NY10006
    N/A PC ARTS 300,000
    Total .................................bullet 3a 13,907,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 ....          
    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 ............
             
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 79 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    79
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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
    MAVERICK CAPITAL LTD EMPLOYEE BENEFIT TRUST VEBA PLAN COMMON DIRECTORS/TRUSTEES
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    AINSLIE FOUNDATION
    EIN:
    81-4732333
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,980 995   2,985

    TY 2021 AllOthProgRltdInvestmentsSch
    Name:
    AINSLIE FOUNDATION
    EIN:
    81-4732333
    Category Amount
    N/A 0

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

    TY 2021 ExpenditureResponsibilityStmt
    Name:
    AINSLIE FOUNDATION
    EIN:
    81-4732333
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    MAVERICK CAPITAL FOUNDATION
     
    1900 N PEARL STREET 20TH FLOOR
    DALLAS,TX75201
    2020-12-03 1,000,000 MEANINGFULLY IMPROVE THE LIVES OF OTHERS BY IDENTIFYING, FUNDING, AND PARTNERING WITH THE MOST EFFECTIVE NON-PROFITS WORKING TO HELP THOSE IN NEED. 1,000,000 NO 11/5/21, 11/4/22   TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED ON THE REPORT(S) FURNISHED BY THE GRANTEE, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.
    MAVERICK CAPITAL FOUNDATION
     
    1900 N PEARL STREET 20TH FLOOR
    DALLAS,TX75201
    2021-11-18 2,300,000 MEANINGFULLY IMPROVE THE LIVES OF OTHERS BY IDENTIFYING, FUNDING, AND PARTNERING WITH THE MOST EFFECTIVE NON-PROFITS WORKING TO HELP THOSE IN NEED. 2,146,630 NO 11/4/22   TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED ON THE REPORT(S) FURNISHED BY THE GRANTEE, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.
    RISK AND RETURN
     
    1005 DEAD RUN DRIVE
    MCLEAN,VA22101
    2021-01-25 25,000 GRANT WAS USED TO PAY FOR THE GRANTEE'S 2021 OPERATING EXPENSES:WEBSITE AND SOFTWARE FEES - $5,450PROFESSIONAL AND LEGAL FEES - $4,558BANKING AND REGISTRATION FEES - $59 10,067 NO 1/10/22   TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED ON THE REPORT(S) FURNISHED BY THE GRANTEE, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.
    B ROBERT WILLIAMSON JR FOUNDATION
     
    300 PARK AVENUE 19TH FLOOR
    NEW YORK,NY10022
    2021-12-14 10,000 GENERAL OPERATING SUPPORT FOR CULTURE FOR ONE (110 E 42ND ST #1818, NEW YORK, NY 10017) 10,000 NO 3/17/22   TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED ON THE REPORT(S) FURNISHED BY THE GRANTEE, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    AINSLIE FOUNDATION
    EIN:
    81-4732333
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MAVERICK STABLE FUND, LTD. (LT) 58,117,949 58,117,949
    MAVERICK SEED FUND, LTD. 56,821,592 56,821,592

    TY 2021 InvestmentsOtherSchedule2
    Name:
    AINSLIE FOUNDATION
    EIN:
    81-4732333
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MAVERICK LEVERED PARTNERS, L.P. FMV 60,170,710 60,170,710
    MAVERICK HOLDINGS C, L.P. FMV 20,969,101 20,969,101
    MAVERICK LONG ENHANCED, L.P. FMV 138,356,811 138,356,811
    MAVERICK USA, L.P. FMV 58,335,853 58,335,853

    TY 2021 LegalFeesSchedule
    Name:
    AINSLIE FOUNDATION
    EIN:
    81-4732333
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 298 0   298


    TY 2021 OtherAssetsSchedule
    Name:
    AINSLIE FOUNDATION
    EIN:
    81-4732333
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    OTHER RECEIVABLES 116,558 0 0


    TY 2021 OtherDecreasesSchedule
    Name:
    AINSLIE FOUNDATION
    EIN:
    81-4732333
    Description Amount
    UNREALIZED GAIN/(LOSS) - MAVERICK QM NEUTRAL, L.P. 26,370


    TY 2021 OtherIncomeSchedule2
    Name:
    AINSLIE FOUNDATION
    EIN:
    81-4732333
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INCOME/(LOSS) FROM SCH. K-1 INV. IN MAVERICK USA, L.P.   -1,153,208  
    INCOME/(LOSS) FROM SCH. K-1 INV. IN MAVERICK LEVERED PARTNERS, L.P.   -2,967,616  
    INCOME/(LOSS) FROM SCH. K-1 INV. IN MAVERICK FUNDAMENTAL QUANT NEUTRAL, L.P.   -396,097  
    INCOME/(LOSS) FROM SCH. K-1 INV. IN MAVERICK HOLDINGS C, L.P.   1,628  
    INCOME/(LOSS) FROM SCH. K-1 INV. IN MAVERICK LONG ENHANCED, L.P.   385,447  
    INCOME/(LOSS) FROM SCH. K-1 INV. IN MAVERICK QM NEUTRAL, L.P.   21,852  
    SUBPART F - FROM SCH. K-1 INV. IN MAVERICK LEVERED PARTNERS, L.P. (MLC)   384,125  
    SUBPART F - FROM SCH. K-1 INV. IN MAVERICK LEVERED PARTNERS, L.P. (PHL)   23,849  
    SUBPART F - MAVERICK SEED FUND, LTD.   5,168,522  
    LESS: UNRELATED BUSINESS TAXABLE INCOME FROM INVESTMENTS   28,898  


    TY 2021 OtherIncreasesSchedule
    Name:
    AINSLIE FOUNDATION
    EIN:
    81-4732333
    Description Amount
    UNREALIZED GAIN/(LOSS) - MAVERICK STABLE FUND, LTD. 2,428,388
    UNREALIZED GAIN/(LOSS) - MAVERICK SEED FUND, LTD. 4,430,287
    UNREALIZED GAIN/(LOSS) - MAVERICK USA, L.P. 12,268,303
    UNREALIZED GAIN/(LOSS) - MAVERICK LEVERED PARTNERS, L.P. 19,286,613
    UNREALIZED GAIN/(LOSS) - MAVERICK FUNDAMENTAL QUANT NEUTRAL, L.P. 3,978,402
    UNREALIZED GAIN/(LOSS) - MAVERICK HOLDINGS C, L.P. 6,466,624
    UNREALIZED GAIN/(LOSS) - MAVERICK LONG ENHANCED, L.P. 8,825,354


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    AINSLIE FOUNDATION
    EIN:
    81-4732333
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER EXPENSE 2,085 2,085   0


    TY 2021 TaxesSchedule
    Name:
    AINSLIE FOUNDATION
    EIN:
    81-4732333
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL INCOME TAX 1,717,141 0   0


    TY 2021 TransfersToControlledEntities
    Name:
    AINSLIE FOUNDATION
    EIN:
    81-4732333
    Name US /
    Foreign Address
    EIN Description Amount
    MAVERICK SEED FUND LTD 1900 N PEARL STREET 20TH FLOOR
    DALLAS,TX75201
    98-1007087 01/01/2021 - PURCHASE OF 3,815.57 SHS OF MAVERICK SEED FUND, LTD. 5,000,000
    Total     5,000,000