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
THE VATTIKUTI FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1000 TOWN CENTER 700
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SOUTHFIELD, MI480751220
A Employer identification number

38-3380162
B Telephone number (see instructions)

(248) 281-2513
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$48,799,910J 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) 25,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,249,821 1,249,821  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 251,732
b Gross sales price for all assets on line 6a 112,955,404
7 Capital gain net income (from Part IV, line 2)... 251,732
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 157,468 157,468  
12 Total. Add lines 1 through 11........ 1,684,021 1,659,021  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 70,000 0   70,000
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 46,434 23,217   23,217
b Accounting fees (attach schedule)....... Click to see attachment 35,650 17,825   17,825
c Other professional fees (attach schedule)....        
17 Interest............... 3,593 3,593   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 94,311 7,624   132
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 48,923 0   48,923
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 486,370 254,478   231,892
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 785,281 306,737   391,989
25 Contributions, gifts, grants paid....... 2,031,142 2,031,142
26 Total expenses and disbursements. Add lines 24 and 25 2,816,423 306,737   2,423,131
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,132,402
b Net investment income (if negative, enter -0-) 1,352,284
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.............      
2 Savings and temporary cash investments......... 837,518 3,139,634 3,139,634
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)....... 20,947,190 Click to see attachment19,965,588 26,644,716
c Investments—corporate bonds (attach schedule)....... 3,260,345 Click to see attachment2,807,779 2,825,198
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 16,411,589 Click to see attachment13,760,746 16,190,362
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 41,456,642 39,673,747 48,799,910
Liabilities 17 Accounts payable and accrued expenses..........    
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 0
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 41,456,642 39,673,747
29 Total net assets or fund balances (see instructions)..... 41,456,642 39,673,747
30 Total liabilities and net assets/fund balances (see instructions). 41,456,642 39,673,747
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
41,456,642
2
Enter amount from Part I, line 27a .....................
2
-1,132,402
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
40,324,240
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
650,493
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
39,673,747
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 PUBICLY TRADED SECURITIEIS      
b PUBICLY TRADED SECURITIEIS      
c LAKEWOOD CAPITAL OFFSHORE FUND P   2021-12-31
d RIDGE SELECT PRIVATE INVESTORS P   2021-12-31
e INCOME FROM PASSTHROUGH P   2021-12-31
INCOME FROM PASSTHROUGH P   2021-12-31
CAPITAL GAINS DIVIDENDS 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 108,581,034   108,840,225 -259,191
b 3,409,002   2,832,042 576,960
c 757,922   761,250 -3,328
d 25,847   270,155 -244,308
e 27     27
612     612
180,960     180,960
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       -259,191
b       576,960
c       -3,328
d       -244,308
e       27
      612
      180,960
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 2 251,732
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 18,797
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 18,797
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 75,132
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 75,132
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 56,335
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet56,335 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMI
    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 .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletRAJ VATTIKUTI Telephone no.bullet (248) 380-5653

    Located atbullet1000 TOWN CENTER SUITE 700SOUTHFIELDMI ZIP+4bullet48075
    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)
     
    No
    (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
     
     
    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
    Yes
     
    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
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 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
    RAJ VATTIKUTI PRESIDENT
    4.00     		0 0 0
    1000 TOWN CENTER SUITE 700
    SOUTHFIELD,MI48075
    PADMA VATTIKUTI VICE PRESIDENT
    3.00     		0 0 0
    1000 TOWN CENTER SUITE 700
    SOUTHFIELD,MI48075
    NICHOLAS STASEVICH SECRETARY
    2.00     		0 0 0
    150 W JEFFERSON SUITE 900
    DETROIT,MI48226
    TIMOTHY MANNEY TREASURER
    2.00     		0 0 0
    1000 TOWN CENTER SUITE 700
    SOUTHFIELD,MI48075
    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
    MORGAN STANLEY WEALTH MANAGEMENT INVESTMENT MANAGEMENT 137,075
    34901 WOODWARD AVE SUITE 300
    BIRMINGHAM,MI48009
    KORE PRIVATE WEALTH (FIDELITY) INVESTMENT MANAGEMENT 71,498
    330 MADISON AVENUE 29TH FLOOR
    NEW YORK,NY10017
    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  
    2  
    All other program-related investments. See instructions.
    3  
    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
    39,053,208
    b
    Average of monthly cash balances.......................
    1b
    2,296,408
    c
    Fair market value of all other assets (see instructions)................
    1c
    7,293,187
    d
    Total (add lines 1a, b, and c).........................
    1d
    48,642,803
    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
    48,642,803
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    729,642
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    47,913,161
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    2,395,658
    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
    2,395,658
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    18,797
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    18,797
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,376,861
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,376,861
    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
    2,376,861
    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 2,376,861
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017...... 1,262
    c From 2018...... 5,519
    d From 2019......  
    e From 2020...... 135,078
    f Total of lines 3a through e ........ 141,859
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 2,423,131
    a Applied to 2020, but not more than line 2a 0
    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..... 2,376,861
    e Remaining amount distributed out of corpus 46,270
    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 5 188,129
    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 ..........     		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) .......     		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 ......     		188,129
    10 Analysis of line 9:
    a Excess from 2017.... 1,262
    b Excess from 2018.... 5,519
    c Excess from 2019....  
    d Excess from 2020.... 135,078
    e Excess from 2021.... 46,270
    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).)
    RAJ VATTIKUTI
    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
    CONSCIOUS PLANET INC
    951 ISHA LN
    MCMINNVILLE,TN37110     		  PC TO SUPPORT SOIL REVITALIZATION 30,000
    DETROIT INSTITUTE OF ARTS
    5200 WOODWARD AVE
    DETROIT,MI48202     		  PC TO INSPIRE CURIOSITY AND SPARK CREATIVITY THROUGH ART AND PROVIDE EDUCATIONAL PROGRAMS AND RESOURCES 1,000,000
    HENRY FORD HEALTH SYSTEM
    1 FORD PL
    DETROIT,MI48202     		  PC TO IMPROVE HUMAN LIFE THROUGH EXCELLENCE OF THE SCIENCE AND ART OF HEALTH CARE AND HEALING 380,000
    INDUS EDUCATIONAL AND EMPOWERMENT FOUNDATION INC
    9528 PACING LN NW
    CONCORD,NC28027     		  PC TO HELP ACADEMIC AND VOCATIONAL EDUCATION TO YOUTH IN REMOTE AND POOR AREAS TO EMPOWER THEM TO BE SELF-SUFFICIENT 7,000
    INSPIRE ARTS AND MUSIC INC
    47 FAIRMOUNT AVE HYDE PARK
    BOSTON,MA02136     		  PC TO DEVELOP AND INSPIRE YOUNG ADULTS VIA SCHOLASTIC AND NON-SCHOLASTIC ACTIVITIES 70,000
    SAKSHAM
    486 DOUBLE STOREY
    NEW RAJENDER NAGAR,NEW DELHI110060
    IN     		  PC; EQUIVALENCY DETE TO PROVIDE SUPPLIES AND EQUIPMENT FOR COVID RELIEF IN INDIA 104,142
    SATYAGRAHA FOUNDATION
    48820 N VIEW DR
    PALM DESERT,CA92260     		  PF TO DEVELOP VIRTUAL MULTI-MEDIA CURRICULM FOR CHILDRES AND SUPPORT CHILDREN OF MINORITY BACKGROUNDS 10,000
    SKY FOUNDATION INC
    33 BLOOMFIELD HILLS PKWY
    BLOOMFIELD HILLS,MI48304     		  PC TO RAISE AWARENESS AND FUND RESEARCH FOR THE EARLY DETECTION OF PANCREATIC CANCER 5,000
    SURF CLUB FOUNDATION
    9011 COLLINS AVE
    SURFSIDE,FL33154     		  PC TO ASSIST WITH DISASTERS AND EMERGENCY MANAGEMENT 10,000
    VATTIKUTI INDIA FOUNDATION
    7P 93 ELECTRONIC CITY PHASE I
    BANGALORE   560100
    IN     		  NC TO SUPPORT A FELLOWSHIP PROGRAM WITH OBJECTIVE TO TRAIN SURGEONS USING ROBOTIC TECHNOLOGY IN INDIA 115,000
    VATTIKUTI INDIA RELIEF FOUNDATION
    1000 TOWN CENTER NO 700
    SOUTHFIELD,MI48075     		  PF TO SUPPORT PROGRAMS THAT HELP COMMUNITIES IN INDIA 300,000
    Total .................................bullet 3a 2,031,142
    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 ............     		    18 251,732  
    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 1,659,021 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,659,021
    (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
    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
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    THE VATTIKUTI FOUNDATION
     
    Employer identification number

    38-3380162
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    THE VATTIKUTI FOUNDATION
          		Employer identification number
    38-3380162
    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
    DR MAHENDRA BHANDARI
    2799 W GRAND BLVD
     
    DETROIT, MI48202

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    THE VATTIKUTI FOUNDATION
          		Employer identification number

    38-3380162
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    THE VATTIKUTI FOUNDATION
          		Employer identification number

    38-3380162
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    THE VATTIKUTI FOUNDATION
    EIN:
    38-3380162
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 35,650 17,825   17,825

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

    TY 2021 ExpenditureResponsibilityStmt
    Name:
    THE VATTIKUTI FOUNDATION
    EIN:
    38-3380162
    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
    VATTIKUTI INDIA FOUNDATION
          		7P 93 ELECTRONIC CITY PHASE I
    BANGALORE   560 100
    IN     		2021-09-09 252,859 TO SUPPORT A FELLOWSHIP PROGRAM WITH OBJECTIVE TO TRAIN SURGEONS USING ROBOTIC TECHNOLOGY IN INDIA 115,000 NONE   2021-11-04 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    VATTIKUTI INDIA RELIEF FOUNDATION
          		1000 TOWN CENTER NO 700
    SOUTHFIELD,MI48075     		2021-12-17 300,000 TO SUPPORT PROGRAMS THAT HELP COMMUNITIES IN INDIA 0 NONE   2021-12-31 THE GRANT WAS MADE LATE IN THE YEAR AND NO GRANT MONEY WAS EXPENDED BY YEAR END
    SATYAGRAHA FOUNDATION
          		48820 N VIEW DR
    PALM DESERT,CA92260     		2021-08-27 10,000 TO DEVELOP VIRTUAL MULTI-MEDIA CURRICULM FOR CHILDREN AND SUPPORT CHILDREN OF MINORITY BACKGROUNDS 10,000 NONE   2021-09-01 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE VATTIKUTI FOUNDATION
    EIN:
    38-3380162
    Name of Bond End of Year Book Value End of Year Fair Market Value
    SPRINGFIELD ILL METRO SAN DIST SWR 06.11100% 01/01/2025REV SWR REV SR LIEN B 21,379 21,235
    UTAH HSG CORP SINGLEFAMILY MTG REV 03.87500% 01/01/2050TAXABLE BDS SER. 2019 26,585 26,283
    INDUSTRY CALIF PUB FACS AUTH TAX 05.04400% 01/01/2027ALLOCATION REV REF BDS 36,309 35,700
    GOLDEN ST FIN AUTH CALIF SINGLE FAMILY 03.50000% 10/15/2051 MTG REV TAXABLE 37,455 39,434
    SPRINGFIELD ILL METRO SAN DIST SWR 06.11100% 01/01/2025 REV SWR REV SR LIEN 58,791 58,397
    UTAH HSG CORP SINGLE FAMILY MTG REV 03.87500% 01/01/2050 TAXABLE BDS SER. 20 90,388 89,363
    NEW JERSEY ECONOMIC DEV AUTH MTR VEH 06.31000% 07/01/2026 SURCHARGES REV REV 113,960 112,864
    ILLINOIS ST GO BDS SER.2010-1 05.66300% 02/01/2022 125,441 125,481
    WILKES CNTY GA HOSP AUTH REV BDS WILLS 07.20000% 02/20/2037MEMORIAL HOSPITAL 135,484 130,198
    TEXAS ST PUB FIN AUTH REV PREMIUM REV08.25000% 07/01/2024TAXABLE BDS SER.201 151,838 151,260
    INDUSTRY CALIF PUB FACS AUTH TAX 05.04400% 01/01/2027ALLOCATION REV REF BDS 186,731 183,600
    HOUSTON TEX INDPT SCH DIST G O LTD TAX 06.12500% 02/15/2028 SCHHSE BDS SER. 254,651 263,198
    PLANO TEX INDPT SCH DIST GO SCH DIST BDS 06.17000% 02/15/2029 SER. 2009B 255,196 250,923
    SOUTH CAROLINA STUDENT LN CORP REV 03.59300% 12/01/2039 TAXABLE SR BDS SER. 257,447 251,738
    DALLAS TEX INDPT SCHDIST ULT TAX SCH 06.45000% 02/15/2035BLDG BDS SER. 2010 257,635 267,530
    CASINO REINVESTMENT DEV AUTH N J REV REV05.46000% 06/01/2025BDS SER. 2005 B 293,107 292,592
    HOUSTON TEX INDPT SCH DIST G O LTD TAX06.16800% 02/15/2034SCHHSE BDS SER. 20 505,382 525,402

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE VATTIKUTI FOUNDATION
    EIN:
    38-3380162
    Name of Stock End of Year Book Value End of Year Fair Market Value
    UNITY SOFTWARE INC 853 858
    GITLAB INC-CL A 916 870
    SYNCHRONY FINANCIAL 959 928
    CHEWY INC - CLASS A 1,027 944
    HUBSPOT INC 1,208 1,318
    ADVANCED MICRO DEVICES 1,224 1,871
    SNAP INC - A 1,243 1,082
    DEXCOM INC 1,318 1,611
    ZOETIS INC 1,351 1,708
    NATERA INC 1,408 1,214
    PLUG POWER INC 1,430 1,299
    HORIZON THERAPEUTICS PLC 1,484 1,616
    CHIPOTLE MEXICAN GRILL INC 1,563 1,748
    TRAVEL + LEISURE CO 1,570 1,492
    CERIDIAN HCM HOLDING INC 1,611 1,671
    NCINO OPCO INC 1,636 1,426
    LIGHTSPEED COMMERCE INC 1,645 849
    ELI LILLY & CO 1,679 1,934
    TRUIST FINANCIAL CORP 1,684 1,815
    MARVELL TECHNOLOGY INC 1,800 2,100
    SPIRIT AEROSYSTEMS HOLD-CL A 1,822 1,810
    TRANE TECHNOLOGIES PLC 1,836 2,020
    OCCIDENTAL PETROLEUM CORP 1,857 1,855
    PPG INDUSTRIES INC 1,977 2,069
    MARRIOTT INTERNATIONAL -CL A 2,035 2,148
    RALPH LAUREN CORP 2,083 2,139
    NEXTERA ENERGY INC 2,086 2,614
    APPLE INC 2,125 2,664
    OSHKOSH CORP 2,127 2,029
    TAIWAN SEMICONDUCTOR-SP ADR 2,140 2,166
    BLOCK INC 2,234 1,454
    ESTEE LAUDER COMPANIES-CL A 2,242 2,591
    PROGRESSIVE CORP 2,324 2,464
    JD.COM INC-ADR 2,447 2,382
    BUMBLE INC-A 2,453 1,625
    MICROSOFT CORP 2,490 3,027
    ALPHABET INC-CL A 2,515 2,897
    NIKE INC -CL B 2,566 2,667
    HONEYWELL INTERNATIONAL INC 2,618 2,502
    MARKETAXESS HOLDINGS INC 2,698 2,468
    ZIMMER BIOMET HOLDINGS INC 2,733 2,160
    UBER TECHNOLOGIES INC 3,249 2,851
    META PLATFORMS INC-CLASS A 3,522 3,364
    TESLA INC 3,651 5,284
    MERRILL LYNCH #2000 - EQUITIES 4,128 3,951
    AON PLC-CLASS A 4,299 5,410
    MASTERCARD INC - A 4,328 4,312
    EVOLUTION AB 4,630 4,146
    NOVO-NORDISK A/S-SPONS ADR 4,993 5,264
    PERNOD RICARD SA - SPON ADR 5,129 5,575
    LI NING CO LTD-UNSPON ADR 5,359 4,882
    EPAM SYSTEMS INC TICKER:EPAM 5,631 7,353
    ADYEN NV-UNSPON ADR 5,650 6,054
    STERIS PLC 5,761 6,815
    SHENZHOU INTERNATI-UNSP ADR 5,807 4,378
    ATLASSIAN CORP PLC-CLASS A 5,858 5,719
    ICON PLC 6,053 8,362
    AMADEUS IT GROUP-UNSP ADR 6,073 5,824
    NESTLE SA-SPONS ADR 6,351 7,159
    ALCON INC 6,385 7,928
    SIKA AG-BR-ADR 6,583 8,354
    FERRARI NV 6,616 8,282
    LONZA GROUP AG-UNSPON ADR 6,748 7,933
    LASERTEC CORP - ADR UNSP 6,872 10,722
    METTLER-TOLEDO INTERNATIONAL 6,896 8,486
    LULULEMON ATHLETICA INC 6,953 7,438
    AMAZON.COM INC 6,995 6,669
    ACCENTURE PLC-CL A 7,077 9,949
    ATLAS COPCO AB-SPONS ADR A 7,081 7,971
    WUXI BIOLOGICS CAYMAN - ADR 7,477 4,782
    LVMH MOET HENNESSY-UNSP ADR 7,740 8,110
    EXPERIAN PLC-SPONS ADR 8,545 10,898
    SHOPIFY INC - CLASS A 8,816 8,264
    CSL LTD-SPONSORED ADR TICKER:CSLL EXT:Y 9,048 8,993
    RESMED INC 9,104 9,638
    CANADIAN PACIFIC RAILWAY LTD 9,832 9,208
    AIA GROUP LTD-SP ADR 10,856 8,791
    DSV A/S - UNSP ADR TICKER:DSDV EXT:Y 10,998 11,034
    TAIWAN SEMICONDUCTOR-SP ADR 11,516 11,550
    ASML HOLDING NV-NY REG SHS 11,724 13,534
    INDUSTRIAL SELECT SECT SPDR 36,051 55,868
    GS 10.5% CONTINGENT AUTOCALL SPOT 50,000 51,645
    JPM 10% CONTINGENT AUTOCALL UBER 50,000 47,850
    MS 7.4% CONTINGENT AUTOCALL AMZN 50,000 48,625
    MS 11.15% CONTINGENT AUTOCALL SHOP 50,000 45,750
    CITI 8.8% CONTINGENT AUTOCALL LULU 50,000 44,850
    JPM 8.1% CONTINGENT AUTOCALL AAPL 50,000 50,600
    MS 8% CONTINGENT AUTOCALL MSFT 50,000 50,000
    BCS 11.4% CONTINGENT AUTOCALL XOM 50,000 48,650
    GS 21.5% CONTINGENT AUTOCALL AFRM 50,000 45,850
    MS 8.05% CONTINGENT AUTOCALL PYPL 50,000 35,925
    BCS 8% CONTINGENT AUTOCALL AVGO 50,000 50,550
    BCS 15.05% CONTINGENT AUTOCALL TSLA 50,000 50,000
    MS 8.85% CONTINGENT AUTOCALL DIS 50,000 45,125
    REPSOL SA-SPONSORED ADR 51,471 31,838
    JPMORGAN BETABUILDERS EUROPE ETF 51,726 53,408
    SAILPOINT TECHNOLOGIES HOLDING 55,314 48,340
    META PLATFORMS INC CL A 59,862 134,540
    NEXTERA ENERGY INC 66,824 148,629
    NXP SEMICONDUCTORS NV 79,831 199,308
    MARVELL TECHNOLOGY GROUP LTD 82,512 157,482
    WALT DISNEY CO HLDG CO 83,531 118,026
    THORNBURG LIMITED-TRM INC INST 93,645 90,714
    INVESCO S&P 500 EQUAL WEIGHT 94,151 120,272
    FINANCIAL SELECT SECTOR SPDR 95,546 171,000
    UNITEDHEALTH GP INC 96,536 185,792
    JPMORGAN BETABUILDERS DEVELO 99,423 111,196
    MS DUAL DIRECTIONAL TRIGGER PLUS SPX 100,000 100,850
    FORD MTR CO DEL COM 103,278 207,700
    SPLUNK INC 104,635 57,860
    LITHIUM AMERICAS CORP 105,646 145,600
    ALPHABET INC CL A 110,157 292,601
    THERMO FISHER SCIENTIFIC 111,077 333,620
    COMCAST CORP (NEW) CLASS A 112,149 143,944
    JPMORGAN BETABUILDERS CANADA 123,073 170,352
    COSTCO WHOLESALE CORP NEW 135,175 340,620
    BROADCOM INC 136,580 299,435
    LAM RESEARCH CORPORATION 148,475 359,575
    WORKDAY INC CL A 149,006 225,374
    VISA INC CL A 149,376 162,533
    HOME DEPOT INC 151,272 340,723
    ADOBE INC 153,858 184,295
    INTUITIVE SURGICAL INC 159,111 242,528
    MICROSOFT CORP 160,411 504,480
    APPLE INC 161,577 532,710
    JPMORGAN BETABUILDERS JAPAN ETF 166,527 210,020
    NETFLIX INC 167,910 316,281
    TRITERRAS INC CL A 170,883 77,550
    FIDELITY INTL INDX-INST PRM 173,359 210,566
    TRITERRAS INC COM USD0.0001 CL A ISIN #KYG9103H1020 182,885 35,250
    REGENERON PHARMACEUTICALS INC 182,908 214,717
    AMERICAN TOWER CORP 183,338 356,850
    HONEYWELL INTL INC 188,800 271,063
    SALESFORCE INC 192,979 241,424
    ANALOG DEVICES INC 198,706 310,761
    FIRST TRUST LRG CAP VALUE AL 198,903 262,050
    CHARTER COMMUNICATIONS INC 202,157 244,489
    ABBVIE INC COM 202,382 304,244
    SERVICENOW INC 202,702 308,327
    FIVERR INTL LTD 212,801 113,700
    APPLE INC 218,439 355,140
    CROWDSTRIKE HLDGS INC CL A 222,863 184,275
    CARVANA CO CL A 239,809 220,201
    NVIDIA CORPORATION 240,010 735,275
    AMAZON COM INC 243,979 470,142
    CONSTELLATION BRANDS INC CL A 247,736 288,616
    MS DUAL DIRECTIONAL TRIGGER PARTICIPATION NOTE SPY 250,000 318,125
    ISHARES S&P 100 ETF 254,507 262,956
    FIRST EAGLE OVERSEAS I 261,094 275,672
    PALO ALTO NETWORKS INC 270,414 420,354
    MASTERCARD INCORPORATED CL A 298,102 359,320
    BLACKROCK INC 302,339 412,002
    SPDR S&P 500 ETF TRUST 303,524 332,472
    PAYPAL HLDGS INC COM 309,322 287,585
    UPSTART HLDGS INC 338,832 302,600
    TENABLE HLDGS INC 350,716 440,560
    MIRAE EMERG MKTS GRT CONSMR I 358,645 323,222
    JPMORGAN CHASE & CO 366,664 394,292
    MASTERCARD INC CL A 402,525 449,150
    AMERICAN WATER WORKS CO 404,417 419,269
    DOW INC 409,724 405,548
    DIGITAL TURBINE INC COM NET 430,915 452,851
    BOEING CO 470,419 417,739
    INVESCO S&P 500 EQUAL WEIGHT E 518,023 813,750
    THORNBURG INTL GROWTH I 537,102 574,440
    JANUS HENDERSON ENTERPRISE I 689,722 748,566
    FEDERATED HRMS ULTRASHT BD IS 726,409 722,476
    SIX CIRCLE MGD EQ INTL UNCON 767,821 964,680
    FIDELITY 500 INDEX FUND 1,127,836 1,873,924
    SIX CIRCLE MGD EQ US UNCON 1,165,810 1,694,247

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE VATTIKUTI FOUNDATION
    EIN:
    38-3380162
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT IN COATUE OFFSHORE FUND AT COST 128,788 696,163
    INVESTMENT IN THIRD POINT OFFSHORE FUND AT COST 143,097 599,950
    INVESTMENT IN SCULPTOR OF II PRIVATE INVESTORS AT COST 258,215 490,781
    INVESTMENT IN MARINER ATLANTIC AT COST 306,158 444,079
    INVESTMENT IN COATUE GROWTH V PRIVATE INVESTORS OFFSHORE AT COST 337,314 325,000
    INVESTMENT IN FORT GLOBAL OFFSHORE FUND AT COST 386,644 363,105
    INVESTMENT IN BLACKROCK EMERGING FRONTIERS FUND AT COST 264,313 500,687
    INVESTMENT IN HPS MEZZANNIE PRIVATE INVESTORS AT COST 603,541 672,170
    INVESTMENT IN REDMILE CAPITAL OFFSHORE FUND AT COST 609,169 676,884
    INVESTMENT IN RMC MASTER INVEST LP AT COST 810,500 810,500
    INVESTMENT IN CLARION PRIVATE INVESTORS AT COST 969,752 1,097,025
    INVESTMENT IN BLACKSTONE PARTNERS OFFSHORE FUND AT COST 2,030,000 2,329,045
    INVESTMENT IN AG CS HOLDINGS FUND AT COST 1,781,184 2,052,902
    INVESTMENT IN I80 GROUP SEPCIALTY AT COST 2,102,858 2,102,858
    INVESTMENT IN MAXIM OPP FUND AT COST 3,029,213 3,029,213

    TY 2021 LegalFeesSchedule
    Name:
    THE VATTIKUTI FOUNDATION
    EIN:
    38-3380162
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 46,434 23,217   23,217


    TY 2021 OtherDecreasesSchedule
    Name:
    THE VATTIKUTI FOUNDATION
    EIN:
    38-3380162
    Description Amount
    TIMING DIFFERENCES 650,493


    TY 2021 OtherExpensesSchedule
    Name:
    THE VATTIKUTI FOUNDATION
    EIN:
    38-3380162
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE EXPENSE 3,016 1,508   1,508
    INVESTMENT FEES 252,879 252,879   0
    WEBSITE DEVELOPMENT 230,292 0   230,292
    BANK FEES 183 91   92


    TY 2021 OtherIncomeSchedule2
    Name:
    THE VATTIKUTI FOUNDATION
    EIN:
    38-3380162
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIP INCOME - I80 GROUP SPECIALTY 157,468 157,468 157,468


    TY 2021 TaxesSchedule
    Name:
    THE VATTIKUTI FOUNDATION
    EIN:
    38-3380162
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EMPLOYMENT TAXES 132 0   132
    FOREIGN TAXES PAID 7,624 7,624   0
    FEDERAL EXCISE 86,555 0   0