| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION FEES | 17,256 | 10,354 | 6,902 |
| Category | Amount |
|---|---|
| N/A |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|
| 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 |
|---|---|---|---|---|---|---|---|---|---|
|
First Code Academy |
8-12 Hennessy Road Wanchai 999077 HK |
2020-11-05 | 15,000 | To support the AppJamming Summit 2021 to inspire young developers to become creators with technology | 15,000 | NO | 11/04/2021, 12/31/2021 | 2021-12-31 | TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
|
Grove Collective Foundation |
5185 MACARTHUR BLVD NW SUITE 456 Washington,DC200163341 |
2021-12-31 | 240,000 | to support Grove's work to audit community education programs | 0 | NO | 12/17/2021,01/26/2022 | 2022-01-26 | TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
|
Grove Social Impact Partners |
5185 MACARTHUR BLVD NW SUITE 456 Washington,DC200163341 |
2021-12-06 | 10,000 | To be used for legal counsel fees associated with (i) incorporating the Obsidian Catalyst | 10,000 | NO | 9/22/2022 | 2022-09-22 | TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
|
The Learning Agency |
4513 Windom Place NW Wasgington,DC20016 |
2021-12-06 | 750,000 | To be used for charitable, scientific, literary or educational purposes | 0 | NO | 12/16/2021 | 2021-12-16 | TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MANABU STRATEGIES LTD. | 289,222,309 | 289,222,309 |
| VANGUARD S&P 500 ETF | 27,992,432 | 27,992,432 |
| RECURSION PHARMACEUTICALS INC. | 3,170,900 | 3,170,900 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 35,041 | 35,041 |
| Description | Amount |
|---|---|
| COST TO FMV ADJUSTMENT ON | 0 |
| DONATED SECURITIES | 187,885 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 50,218 | 50,218 | ||
| DUES AND SUBSCRIPTION | 45,370 | 45,370 | ||
| REPAIRS AND MAINTENANCE | 21,675 | 21,675 | ||
| IT EXPENSES | 14,535 | 14,535 | ||
| EVENT EXPENSE | 10,000 | 10,000 | ||
| SUPPLIES | 7,200 | 7,200 | ||
| RECRUITMENT | 4,845 | 4,845 | ||
| STAFF MISC. EXPENSES | 3,152 | 3,152 | ||
| LICENSES AND FEES | 2,105 | 2,105 | ||
| POSTAGE | 17 | 17 | ||
| UTILITIES EXPENSES | 21,005 | 21,005 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| SUBPART F INCOME - MANABU STRATEGIES LTD | 50,116,555 | ||
| Insurance Proceeds | 963,807 | ||
| Recovery of Prior Year Expense | 9,500 |
| Description | Amount |
|---|---|
| MANABU - CASH TO TAXABLE | 0 |
| INCOME ADJUSTMENT | 18,711,742 |
| VANGUARD - CHANGE IN UNREALIZED | 0 |
| APPRECIATION/DEPRECIATION ON | 0 |
| INVESTMENTS | 5,955,373 |
| MANABU - BOOK VERSUS | 0 |
| TAXABLE INCOME | 503,392 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TSI SERVICE COSTS* | 2,236,668 | 8,597 | 2,228,071 | |
| CONSULTING FEES | 375,554 | 375,554 | ||
| COMMUNICATIONS | 180,000 | 180,000 | ||
| PROPERTY MANAGEMENT | 67,345 | 67,345 | ||
| COACHING | 66,000 | 66,000 | ||
| IT CONSULTING | 16,500 | 16,500 | ||
| PHOTOGRAPHER | 6,644 | 6,644 | ||
| INTERIOR DESIGN | 87 | 87 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAXES | 471,000 | 0 | ||
| PROPERTY TAX EXPENSE | 145,294 | 145,294 |
| Name | US / Foreign Address |
EIN | Description | Amount |
|---|---|---|---|---|
| INQUISITIONIS HOLDINGS LLC |
100 AVENUE OF THE AMERICAS FLOOR 1 NEW YORK,NY10013 |
85-2420920 | Investment in Inquisitions Holdings LLC is not an excess business holding | 250,000 |
| MANABU STRATEGIES LTD |
190 ELGIN AVENUE GEORGE TOWN,GRAND CAYMAN CJ |
98-1576593 | MANABU STRATEGIES, LTD. IS NOT AN EXCESS BUSINESS HOLDING | 0 |
| Total | 250,000 | |||