TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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
REAM FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)485 HALF DAY ROAD
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BUFFALO GROVE, IL60089

A Employer identification number

20-5905128

B Telephone number (see instructions)

(847) 883-9700

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$18,325,494J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	11,492,497
2	Check .............
3	Interest on savings and temporary cash investments	558		558
4	Dividends and interest from securities...	10,657		194,010
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		11,894,077
b	Gross sales price for all assets on line 6a 17,868,494
7	Capital gain net income (from Part IV, line 2)...			12,502,610
8	Net short-term capital gain.........				70,487
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....		0
11	Other income (attach schedule).......		0	98,102
12	Total. Add lines 1 through 11........	23,397,789		12,795,280	70,487
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		8,308			8,308
b	Accounting fees (attach schedule).......		0
c	Other professional fees (attach schedule)....		105,203	39,848		65,355
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		165,000	7,608
19	Depreciation (attach schedule) and depletion...		0
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		34,227	85,112		33,842
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	312,738		132,568		107,505
25	Contributions, gifts, grants paid.......	3,870,984				3,870,984
26	Total expenses and disbursements. Add lines 24 and 25	4,183,722		132,568		3,978,489
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	19,214,067
b	Net investment income (if negative, enter -0-)			12,662,712
c	Adjusted net income (if negative, enter -0-)...				70,487

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2021)

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	505,025	810,862	810,862
	2	Savings and temporary cash investments.........
	3	Accounts receivable 0
		Less: allowance for doubtful accounts	0	0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....		0
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts		0
	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).......	4,513,967	10,009,977	14,674,461
	c	Investments—corporate bonds (attach schedule).......	711,870	2,611,870	2,840,171
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)		0
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........		0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)		0
	15	Other assets (describe )	0	0	0
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	5,730,862	13,432,709	18,325,494
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons		0
	21	Mortgages and other notes payable (attach schedule)......		0
	22	Other liabilities (describe )	0	0
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		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
		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	5,730,862	13,432,709
	29	Total net assets or fund balances (see instructions).....	5,730,862	13,432,709
	30	Total liabilities and net assets/fund balances (see instructions).	5,730,862	13,432,709

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

5,730,862

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

19,214,067

Other increases not included in line 2 (itemize) bullet

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

24,944,929

Decreases not included in line 2 (itemize) bullet

11,512,220

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

13,432,709

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	FROM K-1 - MF HOPE VENTURE IV, LLC	P	2020-12-31	2021-12-31
b	FROM K-1 - MF HOPE VENTURE V, LLC	P	2020-12-31	2021-12-31
c	FROM K-1 - MF HOPE VENTURE III, LLC	P	2020-12-31	2021-12-31
d	FROM K-1 - MF HOPE VENTURE VI, LLC	P	2020-12-31	2021-12-31
e	FROM K-1 - MFC TAXABLE BOND FUND LLC	P	2020-12-31	2021-12-31
	FROM K-1 - MFC LARGE VALUE FUND LLC	P	2020-12-31	2021-12-31
	FROM K-1 - MFC SMALL VALUE FUND LLC	P	2020-12-31	2021-12-31
	FROM K-1 - MFC INTERNATIONAL FUND LLC	P	2020-12-31	2021-12-31
	FROM K-1 - MFC INTERNATIONAL EMERGING MARKETS FUND LLC	P	2020-12-31	2021-12-31
	FROM K-1 - MFC HIGH YIELD FUND LLC	P	2020-12-31	2021-12-31
	FROM K-1 - MFC HEDGE FUND LLC	P	2020-12-31	2021-12-31
	FROM NT2-122772 - SEE STATEMENT	P	2020-12-31	2021-12-31
	FROM NT2-122772 - SEE STATEMENT	P	2020-12-31	2021-12-31
	FROM NT2-122772 - SEE STATEMENT	P	2021-01-01	2021-12-31

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	99,204	0	99,204
b	94,254	0	94,254
c	59,796	0	59,796
d	12,765	0	12,765
e	3,990	0	3,990
	21,651	0	21,651
	13,253	0	13,253
	69,439	0	69,439
	158,192	0	158,192
	0	463	-463
	93,805	0	93,805
	12,156,658	629,559	11,527,099
	312,244	33,106	279,138
	5,349,592	5,279,105	70,487

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	0	0	0	99,204
b	0	0	0	94,254
c	0	0	0	59,796
d	0	0	0	12,765
e	0	0	0	3,990
	0	0	0	21,651
	0	0	0	13,253
	0	0	0	69,439
	0	0	0	158,192
	0	0	0	-463
	0	0	0	93,805
	0	0	0	11,527,099
	0	0	0	279,138
	0	0	0	70,487

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	12,502,610
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3	70,487

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 and enter “N/A" on line 1.
	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	176,012
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	176,012
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	169,076
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	22,000
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	191,076
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	15,064
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax15,064	Refunded	11

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Yes

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

ERIC F ACHEPOHL Telephone no. bullet

(847) 883-9700

Located at bullet

485 HALF DAY ROADBUFFALO GROVEIL ZIP+4 bullet

600898806

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

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(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)

Yes

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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? .............

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)):

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?....................

If "Yes," list the years bullet

20, 20, 20, 20

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

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2021)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check here ......... bullet

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).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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 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
S MILLER	DIRECTOR/VP/SECRETARY 1.00	0	0	0
485 HALF DAY ROAD BUFFALO GROVE,IL60089	DIRECTOR/VP/SECRETARY 1.00	0	0	0
D MILLER	DIRECTOR/PRESIDENT 1.00	0	0	0
485 HALF DAY ROAD BUFFALO GROVE,IL60089	DIRECTOR/PRESIDENT 1.00	0	0	0
E ACHEPOHL	DIRECTOR/TREASURER 1.00	0	0	0
485 HALF DAY ROAD BUFFALO GROVE,IL60089	DIRECTOR/TREASURER 1.00	0	0	0
T SIEGEL	SECRETARY 1.00	0	0	0
485 HALF DAY ROAD BUFFALO GROVE,IL60089	SECRETARY 1.00	0	0	0

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...................				0

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
THE BENIDA GROUP	MANAGEMENT AND FINANCIAL SERVICES	102,658
485 E HALF DAY ROAD BUFFALO GROVE,IL60089	MANAGEMENT AND FINANCIAL SERVICES	102,658

Total number of others receiving over $50,000 for professional services............. bullet

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


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2021)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

10,558,368

Average of monthly cash balances.......................

1,143,481

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

11,701,849

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

11,701,849

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

175,528

Net value of noncharitable-use assets. Subtract line 4 from line 3. .......

11,526,321

Minimum investment return. Enter 5% (0.05) of line 5................

576,316

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.)

Minimum investment return from Part IX, line 6..................

576,316

Tax on investment income for 2021 from Part V, line 5.......

176,012

Income tax for 2021. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

176,012

Distributable amount before adjustments. Subtract line 2c from line 1............

400,304

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

400,304

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

400,304

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.

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					400,304
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2021:
a From 2016......	461,137
b From 2017......	582,894
c From 2018......	943,226
d From 2019......	1,316,297
e From 2020......	2,270,490
f Total of lines 3a through e ........		5,574,044
4Qualifying distributions for 2021 from Part
XI, line 4: $ 3,978,489
a Applied to 2020, 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 2021 distributable amount.....					400,304
e Remaining amount distributed out of corpus		3,578,185
5 Excess distributions carryover applied to 2021.
(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		9,152,229
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......
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 ..........					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 2016 not applied on line 5 or line 7 (see instructions) ...		461,137
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		8,691,092
10 Analysis of line 9:
a Excess from 2017....	582,894
b Excess from 2018....	943,226
c Excess from 2019....	1,316,297
d Excess from 2020....	2,270,490
e Excess from 2021....	3,578,185

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 4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

S MILLER

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

NONE

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
SEE ATTACHED SCHEDULE N/A NA,IL60089		PC	PROJECT SUPPORT	3,870,984
Total ................................. 3a				3,870,984

bApproved for future payment

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

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	558
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 ............			18	11,894,077
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) ..				11,905,292

13Total. Add line 12, columns (b), (d), and (e)..................

11,905,292

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:
Part VI Line 7 -Original Return Overpayment:	-191,076

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Name of the organization

REAM FOUNDATION

Employer identification number

20-5905128

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

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

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... 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) (2021)

Schedule B (Form 990) (2021) Page 2

Name of organization REAM FOUNDATION

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	HLM CHARITABLE LEAD TRUST I 485 HALF DAY ROAD SUITE 200 BUFFALO GROVE, IL60089	$ 151,003	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	HLM JM 2006 CHARITABLE LEAD TRUST 485 HALF DAY ROAD SUITE 200 BUFFALO GROVE, IL60089	$ 304,268	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
3	S MILLER 485 HALF DAY ROAD SUITE 200 BUFFALO GROVE, IL60089	$ 10,736,782	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
4	ELIZA BROWN 117 LAIDLEY SAN FRANCISCO, CA94131	$ 299,903	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 3

Name of organization REAM FOUNDATION		Employer identification number 20-5905128

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
3	200 SHARES OF ASANA INC (TICKER: ASAN) 73 SHARES OF 10X GENOMICS INC (TICKER: TXG) 198 SHARES OF ALL	$ 176,881	2021-03-19
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
3	852 SHARES OF FIVERR INTERNATIONAL LTD (TICKER: FVRR) 910 SHARES OF LEMONADE INC (TICKER: LMND) 1,16	$ 356,732	2021-03-19
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
3	1,102 SHARES OF NURIX THERAPEUTICS INC (TICKER: NRIX) 66 SHARES OF PALO ALTO NETWORKS INC (TICKER: P	$ 358,039	2021-03-19
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
3	408 SHARES OF SNOWFLAKE INC (TICKER: SNOW) 643 SHARES OF TENABLE HLDGS INC (TICKER: TENB) 590 SHARES	$ 130,037	2021-03-19
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
3	444 SHARES OF WAYFAIR INC (TICKER: W)	$ 149,608	2021-03-19
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
3	566 SHARES OF ADR ASCENDIS PHARMA A/S (TICKER: ASND) 3,160 SHARES OF ADR FINVOLUTION GROUP (TICKER:	$ 2,790,118	2022-08-03
Schedule B (Form 990) (2021)

Name of organization REAM FOUNDATION		Employer identification number 20-5905128
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
3	190 SHARES OF CLOUDFLARE INC (TICKER: NET) 500 SHARES OF LEMONADE INC (TICKER: LMND) 668 SHARES OF L	$ 109,665	2021-08-03
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
3	826 SHARES OF OPENDOOR TECHNOLOGIES INC (TICKER: OPEN) 93,527 SHARES OF PALANTIR TECHNOLOGIES INC (T	$ 2,254,204	2021-08-03
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
3	3,400 SHARES OF RELAY THERAPEUTICS INC (TICKER: RLAY) 7,345 SHARES OF ROBLOX CORP COM (TICKER: RBLX)	$ 721,230	2021-08-03
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
3	233 SHARES OF DOCUSIGN INC (TICKER: DOCU) 213 SHARES OF OKTA INC (TICKER: OKTA) 7,496 SHARES OF OSCA	$ 310,074	2021-09-22
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
3	6,605 SHARES OF ROBLOX CORP COM (TICKER: RBLX) 204 SHARES OF SNOWFLAKE INC (TICKER: SNOW) 11,324 SHA	$ 1,969,639	2021-09-22
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
3	520 SHARES OF PVTPL COINBASE GLOBAL INC (TICKER: COIN) 32,742 SHARES OF CONTEXTLOGIC INC (TICKER: WI	$ 715,274	2021-09-22
Schedule B (Form 990) (2021)

Name of organization REAM FOUNDATION		Employer identification number 20-5905128
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
3	2,078 SHARES OF ADR FINVOLUTION GROUP (TICKER: FINV) 1,516 SHARES OF LEMONADE INC (TICKER: LMND) 668	$ 176,678	2021-09-22
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
3	7,571 SHARES OF UIPATH INC (TICKER: PATH) 374 SHARES OF UPSTART HOLDINGS INC (TICKER: UPST)	$ 518,603	2021-09-22
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
4	361 SHARES OF ABBOTT LABORATORIES (TICKER: ABT) 232 SHARES OF META PLATFORMS INC (TICKER: FB) 148 SH	$ 299,904	2021-12-16
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 4


Name of organization REAM FOUNDATION			Employer identification number 20-5905128
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose 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

(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

(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

(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) (2021)

Additional Data

Software ID:
Software Version:

- TIN:

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

TY 2021 GainLossSaleOtherAssetsSch

Name:

REAM FOUNDATION

EIN:

20-5905128

Name	Date Acquired	How Acquired	Date Sold	Gross Sales Price	Basis	Basis Method	Total (net)
SEE NT2-122772		Purchased		5,349,592	5,279,105	FMV	70,487
SEE NT2-122772		Purchased		12,156,658	629,559	FMV	11,527,099
SEE NT2-122772		Purchased		312,244	33,106	FMV	279,138
3,264.73 SHS MFC INTERNATIONAL FUND LLC	2021-03		2021-04	50,000	32,647	FMV	17,353

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

REAM FOUNDATION

EIN:

20-5905128

Name of Bond	End of Year Book Value	End of Year Fair Market Value
MFC HIGH YIELD BOND FUND LLC	1,141,769	1,275,965
MFC TAXABLE BOND FUND LLC	1,470,101	1,564,206

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

REAM FOUNDATION

EIN:

20-5905128

Name of Stock	End of Year Book Value	End of Year Fair Market Value
MFC LARGE CAP FUND LLC	1,514,167	2,152,135
MFC SMALL CAP FUND LLC	523,656	694,618
MFC INTERNATIONAL FUND LLC	871,527	1,281,926
MFC HEDGE FUND LLC	1,845,000	2,231,457
MFC INFLATION PROTECTION LLC	2,116,287	2,522,105
MFC EMERGING MKTS FUND LLC	624,527	799,973
MF HOPE VENTURE III LLC	1	576,496
MF HOPE VENTURE IV LLC	156,800	1,310,438
MF HOPE VENTURE V LLC	550,119	1,154,172
MF HOPE VENTURE VI LLC	245,000	388,248
MFB NT INSTL FDS GOVT PORTFOLIO	71,545	71,545
NT ACCOUNT #2772 - DIVERSIFIED ASSET PORTFOLIO	1,491,348	1,491,348

- TIN:

TY 2021 LegalFeesSchedule

Name:

REAM FOUNDATION

EIN:

20-5905128

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
QUARLES & BRADY, LLP LEGAL FEES	8,308			8,308

- TIN:

TY 2021 OtherDecreasesSchedule

Name:

REAM FOUNDATION

EIN:

20-5905128

Description	Amount
UNREALIZED LOSS	11,512,220

- TIN:

TY 2021 OtherExpensesSchedule

Name:

REAM FOUNDATION

EIN:

20-5905128

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
DUES & MEMBERSHIPS	4,825		4,825
PROFESSIONAL DEVELOPMENT	424		424
CT SERVICES	85	85
MOBILE & CONFERENCE CALLS	63		63
POSTAGE, MAILING SERVICE	109		109
INSURANCE EXPENSE	2,250		2,250
FROM K-1 MFC TAXABLE BOND FUND LLC		4,998
FROM SCHEDULE K-1 - MF HOPE VENTURE III		5,280
FROM SCHEDULE K-1 - MF HOPE VENTURE IV		10,884
FROM SCHEDULE K-1 - MF HOPE VENTURE V		19,375
FROM SCHEDULE K-1 - MF HOPE VENTURE VI		15,397
FROM SCHEDULE K-1 - MFC LARGE CAP VALUE FUND LLC		5,025
FROM SCHEDULE K-1 - MFC SMALL CAP VALUE FUND LLC		3,330
FROM SCHEDULE K-1 - MFC INFLATION PROTECTION LLC		2,308
FROM SCHEDULE K-1 - MFC INTERNATIONAL FUND LLC		8,602
FROM SCHEDULE K-1 - MFC EMERGING MARKETS FUND LLC		6,255
FROM SCHEDULE K-1 - MFC HIGH YIELD BOND FUND LLC		2,005
FROM SCHEDULE K-1 - MFC HEDGE FUND LLC		1,268
DELAWARE SECRETARY OF STATE	300	300
CONTRACT SERVICES	21,200		21,200
COMMUNICATIONS	4,200		4,200
DATABASE	725		725
MISCELANEOUS	46		46

- TIN:

TY 2021 OtherIncomeSchedule2

Name:

REAM FOUNDATION

EIN:

20-5905128

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
FROM K-1 MFC EMERGING MARKET LLC		3,141
FROM K-1 MFC HEGDE FUND LLC		59,913
FROM K-1 - MF HOPE VENTURE III		2,830
FROM K-1 - MF HOPE VENTURE IV		27,598
FROM K-1 - MF HOPE VENTURE V		5,054
FROM K-1 - MF HOPE VENTURE VI		-434

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

REAM FOUNDATION

EIN:

20-5905128

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
THE BENIDA GROUP INVESTMENT SERVICES	37,303	37,303
NORTHERN TRUST SERVICE FEES	2,545	2,545
THE BENIDA GROUP MANAGEMENT FEES	65,355		65,355

- TIN:

TY 2021 TaxesSchedule

Name:

REAM FOUNDATION

EIN:

20-5905128

Category	Amount	Net Investment Income
FROM K-1 MFC LARGE CAP FUND LLC		73
FROM K-1 MFC SMALL CAP FUND LLC		20
FROM K-1 MFC INTERNATIONAL FUND LLC		4,397
FROM K-1 MFC INTERNATIONAL EMERGING MARKETS FUND LLC		689
FROM K-1 MFC INFLATION PROTECTION FUND LLC		466
FROM K-1 MF HOPE VENTURE III		188
FROM K-1 MF HOPE VENTURE IV		1,715
FROM K-1 MF HOPE VENTURE V		45
FROM K-1 MF HOPE VENTURE VI		15
ESTIMATE TAX PAYMENT	165,000