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 GREEN FERN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)50 SOUTH SIXTH STREET 1500
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MINNEAPOLIS, MN55402
A Employer identification number

46-2692732
B Telephone number (see instructions)

(612) 492-6813
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$136,934,956J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,480,303 1,674,799  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,936,565
b Gross sales price for all assets on line 6a 54,686,480
7 Capital gain net income (from Part IV, line 2)... 8,631,755
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 72,752 3,622,522  
12 Total. Add lines 1 through 11........ 8,489,620 13,929,076  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 12,500 6,250   6,250
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 21,868 10,934   10,934
b Accounting fees (attach schedule)....... Click to see attachment 50,485 34,834   6,143
c Other professional fees (attach schedule).... Click to see attachment 851,666 524,047   327,619
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 147,198 66,277   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 9,538 637,626   1,187
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,093,255 1,279,968   352,133
25 Contributions, gifts, grants paid....... 3,595,000 3,595,000
26 Total expenses and disbursements. Add lines 24 and 25 4,688,255 1,279,968   3,947,133
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,801,365
b Net investment income (if negative, enter -0-) 12,649,108
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............. 292,047 207,538 207,538
2 Savings and temporary cash investments......... 4,482,511 7,430,875 7,430,875
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)....... 23,600,745 Click to see attachment24,734,068 33,496,525
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 76,744,617 Click to see attachment76,548,804 95,800,018
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) 105,119,920 108,921,285 136,934,956
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 105,119,920 108,921,285
29 Total net assets or fund balances (see instructions)..... 105,119,920 108,921,285
30 Total liabilities and net assets/fund balances (see instructions). 105,119,920 108,921,285
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
105,119,920
2
Enter amount from Part I, line 27a .....................
2
3,801,365
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
108,921,285
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
108,921,285
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 PUBLICLY TRADED SECURITIES P 2021-01-01 2021-12-31
b CAPITAL GAIN DISTRIB. FROM PUBLICLY TRADED SECURITIES P 2021-01-01 2021-12-31
c CAPITAL GAIN FROM FOREIGN CORPORATIONS P 2021-01-01 2021-12-31
d CAPITAL GAINS FROM SCH K-1'S P 2021-01-01 2021-12-31
e CAPITAL LOSS FROM FOREIGN CORPORATION TERMINATION P 2021-01-01 2021-12-31
(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 51,266,153   44,747,153 6,519,000
b 311,274     311,274
c 180,730     180,730
d 2,928,323     2,928,323
e       -1,307,572
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       6,519,000
b       311,274
c       180,730
d       2,928,323
e       -1,307,572
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 8,631,755
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........................... 3 175,823
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- ..... 5 175,823
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 158,639
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.............. 7 158,639
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 17,184
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMN
    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 ofbulletSONNY MILLER Telephone no.bullet (612) 492-6813

    Located atbullet50 SOUTH SIXTH STREET STE 1500MINNEAPOLISMN ZIP+4bullet55402
    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)
    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)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
    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)
     
    No
    (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
     
     
    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
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    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
    JOHN OTTERLEI PRESIDENT/TREASURER (RESIGNED 3/31/21)
    1.00     		2,500 0 0
    101 FIFTH EAST STREET SUITE 2400
    ST PAUL,MN55101
    SONNY MILLER PRES/TREAS/SECRETARY(AS OF 3/31/21)
    1.00     		10,000 0 0
    50 SOUTH SIXTH STREET SUITE 1500
    MINNEAPOLIS,MN55402
    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
    CAMBRIDGE ASSOCIATES INVESTMENT ADVISORY SERVICES 385,982
    125 HIGH STREET OLIVER TOWER
    BOSTON,MA02110
    ALMUNA LLC PHILANTHROPIC ADVISORY SERVICES 271,619
    1209 ORANGE STREET
    WILMINGTON,DE19801
    US BANK FINANCIAL SERVICES 100,202
    1555 N RIVERCENTER DR SUITE 300
    MILWAUKEE,WI53212
    ARABELLA ADVISORS PHILANTHROPIC ADVISORY SERVICES 56,000
    1828 L ST NW SUITE300
    WASHINGTON,DC20036
    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
    76,433,291
    b
    Average of monthly cash balances.......................
    1b
    2,713,998
    c
    Fair market value of all other assets (see instructions)................
    1c
    51,910,006
    d
    Total (add lines 1a, b, and c).........................
    1d
    131,057,295
    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
    131,057,295
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,965,859
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    129,091,436
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    6,454,572
    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
    6,454,572
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    175,823
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    175,823
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,278,749
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    6,278,749
    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
    6,278,749
    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 6,278,749
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 3,592,865
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 3,947,133
    a Applied to 2020, but not more than line 2a 3,592,865
    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..... 354,268
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		5,924,481
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    FIDELITY CHARITABLE GIFT FUND
    PO BOX 770001
    CINCINNATI,OH452770053     		N/A PC GENERAL OPERATIONS 3,595,000
    Total .................................bullet 3a 3,595,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 6,936,565  
    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 8,489,620 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    8,489,620
    (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

    TY 2021 AccountingFeesSchedule
    Name:
    THE GREEN FERN FOUNDATION
    EIN:
    46-2692732
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 50,485 34,834   6,143

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE GREEN FERN FOUNDATION
    EIN:
    46-2692732
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALIGN TECHNOLOGY INC 43,696 163,638
    ALTERYX INC 238,090 119,609
    COSTAR GROUP INC. 65,219 125,658
    INTERACTIVE BROKERS GROUP CI A 138,625 176,868
    PEGASYSTEMS INC 218,796 316,339
    REDFIN CORP 310,480 199,474
    SQUARE INC A 110,751 329,157
    WAYFAIR INC 95,675 215,806
    WORKDAY INC 190,274 387,642
    AMCOR PLC ORD 7,423 8,827
    AON PLC SHS 20,525 27,952
    ACCENTURE PLC IRELAND SHS CLASS A 69,907 120,634
    EATON CORP 21,441 33,009
    EVEREST RE GROUP LTD COM 8,162 8,218
    IHS MARKIT LTD SHS 13,907 22,331
    JOHNSON CTLS INTL PLC SHS 19,322 28,784
    LINDE PLC SHS 56,982 80,372
    MEDTRONIC PLC SHS 70,268 64,967
    APTIV PLC SHS 12,195 17,485
    NORWEGIAN CRUISE LINE HLDF LTD SHS 6,187 4,189
    SEAGATE TECHNOLOGY HLDNGS PLC ORD 5,244 9,264
    STERIS PLC 5,111 7,546
    TRANE TECHNOLOGIES PLC 14,139 21,617
    WILLIS TOWERS 11,950 13,537
    CHUBB LIMITED COM 30,434 38,662
    GARMIN LTD SHS 22,720 22,468
    TE CONNECTIVITY LTD SHS 15,201 23,878
    LYONDELLBASELL INDUSTIRES N V SHS A 12,352 13,835
    NXP SEMICONDUCTORS N V COM 27,075 30,295
    ROYAL CARIBBEAN GROUP COM 5,950 8,536
    CANADIAN PACIFIC RAILWAY LTD 10,585 10,789
    CARNIVAL CORP 7,996 7,887
    SCHLUMBERGER LTD 16,961 23,900
    AMN 28,917 56,883
    AMERISAFE INC. 43,945 39,027
    ARES CAPITAL 38,073 60,074
    ELEMENT 52,950 123,464
    ENERSYS 84,871 114,637
    EVOQUA WATER 56,521 166,196
    FIRSTCASH HLDGS INC. 89,405 96,505
    FRONTDOOR INC. 73,401 77,332
    GARRETT MOTION INC 56,221 55,648
    HOWARD HUGHES CORP 44,744 88,549
    KEMPER CORP 72,010 65,845
    K FORCE INC 115,355 141,790
    MSC INDL 56,977 81,118
    MARRIOTT VACATIONS WORLD 43,659 93,784
    NV5 GLOBAL INC 29,108 88,397
    RUSH ENTERPRISES INC. 46,449 104,881
    TEGNA INC 79,609 126,579
    THERMON GROUP HOLDINGS INC 50,637 56,123
    TREEHOUSE FOODS INC 86,787 79,844
    UNIFIRST CORP 45,234 58,912
    UPLAND SOFTWARE INC. 124,960 72,388
    VERTIV HOLDINGS LLC 80,268 181,782
    VIASAT INC 86,966 95,316
    WESCO 63,114 217,781
    ZEBRA TECHNOLOGIES CORP CI A 98,417 249,984
    COGNYTE SOFTWARE LTD ORD SHS 98,761 59,938
    ONESPAWORLD 55,837 94,739
    ALIBABA GROUP HLDG LTD 150,671 73,769
    ALPHABET INC. CAP STK CL C 170,812 396,422
    ASHTEAD GROUP PLC SHS 41,355 63,971
    BERKSHIRE HATHAWAY INC DEL CL A 283,873 450,662
    BERKSHIRE HATHWAY INC DEL CL B NEW 97,613 155,181
    BROWN FORMAN CORP CL A 64,293 88,127
    BROWN FORMAN CORP CL B 712 1,093
    CABLE ONE INC COM 56,658 49,377
    CIE FINANCIERE RICHEMONT AG ZUG NAMEN AKT 182,786 333,580
    COMCAST CORP CL A 73,927 100,157
    HEINEKIN HLDG NV SHS 268,695 261,878
    JP MORGAN CHASE & CO COM 87,683 155,500
    MARTIN MARIETTA MATLS INC COM 95,937 163,433
    MASTERCARD INC. CL A COM 202,172 368,303
    NESTLE SA SPONSORED ADR REPSTG REG SHS 252,233 454,097
    PERNOD RICARD ORD SHS 187,584 278,014
    PHILIP MORRIS INTL INC COM 222,998 264,670
    UNILEVER NV NEW YORK SHS NEW 177,564 174,280
    AFLAC INC 12,715 16,116
    A E S CORP 6,732 8,505
    AT T INC 114,041 85,977
    ABBOTT LABORATORIES 87,468 118,785
    ABBVIE INC 82,525 112,247
    ABIOMED INC 2,970 5,747
    ACTIVISION BLIZZARD INC 27,381 24,749
    ADOBE INC 94,163 121,918
    ADVANCE AUTO PARTS INC 8,970 12,714
    ADVANCED MICRO DEVICES INC 37,718 77,994
    AGILENT TECHNOLOGIES INC 11,648 20,435
    AIR PRODUCTS CHEMICALS INC 28,432 32,252
    AKAMAI TECHNOLOGIES INC 7,525 9,129
    ALBEMARLE CORP 3,450 9,117
    ALEXANDRIA REAL ESTATE EQUITIES INC 12,143 16,276
    ALIGN TECHNOLOGY INC 15,194 21,030
    ALLIANT ENERGY CORP 8,774 9,958
    ALLSTATE CORP 14,227 15,530
    ALPHABET INC CL C 224,824 361,699
    ALPHABET INC CL A 237,641 388,203
    ALTRIA GROUP INC 48,391 50,376
    AMAZON COM INC 535,731 640,193
    AMEREN CORP 9,533 11,037
    AMERICAN AIRLINES GROUP INC 3,599 5,155
    AMERICAN ELECTRIC POWER 24,859 24,022
    AMERICAN EXPRESS CO 38,587 48,262
    AMERICAN INTERNATIONAL GROUP 21,373 25,758
    AMERICAN TOWER CORP 50,288 58,793
    AMERICAN WATER WORKS CO INC 12,250 16,809
    AMERISOURCEBERGEN CORP 7,229 9,834
    AMERIPRISE FINL INC 10,727 16,591
    AMETEK INC 11,617 15,292
    AMGEN INC 61,246 58,492
    AMPHENOL CORP CL A 12,776 21,952
    ANALOG DEVICES INC 33,014 42,361
    ANSYS INC 14,579 17,248
    ELEVANCE HEALTH INC 30,845 47,745
    APA CORPORATION COM 6,983 8,712
    APPLE INC COM 715,390 1,234,999
    APPLIED MATERIALS INC 43,890 70,340
    ARCHER DANIELS MIDLAND CO 13,156 18,452
    ARISTA NETWORKS INC 9,317 17,825
    ATMOS ENERGY CORP 8,719 8,801
    AUTODESK INC 22,828 25,869
    AUTOMATIC DATA PROCESSING 31,936 46,850
    AUTOZONE INC 6,782 12,578
    AVALONBAY COMMUNITIES INC 12,887 16,671
    AVERY DENNISON CORP 8,200 11,262
    BAKER HUGHES COMPANY 11,384 11,429
    BALL CORP 13,315 16,270
    BANK OF AMERICA CORP 114,925 161,410
    BANK OF NEW YORK MELLON CORP 15,788 21,315
    BATH BODY WORKS INC COM 3,480 6,072
    BAXTER INTERNATIONAL INC 21,541 21,632
    BECTON DICKINSON AND CO 32,781 32,441
    BERKSHIRE HATHAWAY INC CL B 192,852 252,954
    BEST BUY CO INC 5,199 8,128
    BIO RAD LABS INC CL A 5,167 7,556
    BIOGEN INC 19,884 15,835
    BLACKROCK INC 45,255 63,174
    BOEING CO THE 71,092 48,518
    BOOKING HOLDINGS INC 36,128 45,585
    BOSTON PPTYS INC 12,461 11,979
    BOSTON SCIENTIFIC CORP 26,623 27,187
    BRISTOL MYERS SQUIBB CO 77,815 79,746
    BROADRIDGE FINANCIAL SOLUTIONS INC 6,300 8,227
    BROADCOM INC 75,148 131,751
    BROWN FORMAN CORP CLASS B 7,015 8,015
    CBRE GROUP INC 12,768 19,098
    CDW CORP 7,499 10,649
    CF INDS HLDGS INC 4,890 11,396
    C H ROBINSON WORLDWIDE INC 6,539 7,104
    CIGNA CORP 30,246 35,133
    CME GROUP INC 36,622 41,580
    CMS ENERGY CORP 7,957 8,326
    CSX CORP 23,459 34,630
    CVS HEALTH CORP 45,021 66,126
    COTERRA ENERGY INC 8,399 9,405
    CADENCE DESIGN SYS INC 15,951 23,853
    CAESARS ENTERTAINMENT INC 10,864 10,382
    CAPITAL ONE FINL CORP 20,990 28,147
    CARDINAL HEALTH INC 9,924 9,526
    CARMAX INC 9,327 11,330
    CARRIER GLOBAL CORPORATION COM 13,078 20,232
    CATALENT INC 23,678 27,398
    CATERPILLAR INC 41,519 51,065
    CELANESE CORP SER A 9,592 13,613
    CENTENE CORP 13,062 16,562
    CENTERPOINT ENERGY INC 6,701 9,545
    CERNER CORPORATION 9,243 11,702
    CHARLES RIVER LABORATORIES 8,068 9,420
    CHARTER COMMUNICATIONS INC NEW 32,114 37,814
    CHEVRON CORPORATION 110,442 117,115
    CHIPOTLE MEXICAN GRILL INC 11,731 17,483
    CHURCH AND DWIGHT CO INC 7,459 9,635
    CINCINNATI FINL CORP 5,810 5,924
    CISCO SYSTEMS INC 103,749 135,041
    CINTAS CORP 12,658 17,284
    CITIGROUP INC 56,273 56,283
    CITIZENS FINANCIAL GROUP 4,755 6,804
    CITRIX SYS INC 6,389 4,162
    CLOROX CO 12,869 12,380
    COCA COLA COMPANY 105,109 117,946
    COGNIZANT TECH SOLUTIONS CL A 14,928 17,744
    COLGATE PALMOLIVE CO COM 32,357 35,672
    COMCAST CORP CLASS A 100,632 104,284
    COMERICA INC 5,826 8,091
    CONAGRA BRANDS INC 10,932 11,201
    CONSOLIDATED EDISON INC 23,869 24,657
    CONSTELLATION BRANDS INC A 18,758 22,838
    COPART INC 12,378 15,314
    CORNING INC 9,363 12,435
    CORTEVA INC 9,413 15,319
    COSTCO WHSL CORP 65,012 110,134
    CROWN CASTLE INC 32,240 40,078
    CUMMINS INC COM 16,252 15,270
    D R HORTON INC 9,575 16,376
    D T E ENERGY CO 11,122 12,074
    DANAHER CORP 59,239 95,742
    DARDEN RESTAURANTS INC 8,523 12,202
    DEERE CO 33,256 45,947
    DELTA AIR LINES INC 15,792 12,818
    DENTSPLY SIRONA INC 4,881 6,081
    DEVON ENERGY CORP 14,354 33,522
    DEXCOM INC 16,604 21,478
    DIGITAL REALTY TRUST INC 19,602 25,116
    WALT DISNEY CO THE 122,235 126,545
    DISCOVER FINL SVCS 16,508 18,374
    DOLLAR GENERAL CORP 19,217 24,998
    DOLLAR TREE INC 13,211 18,970
    DOMINOS PIZZA INC 6,504 8,465
    DOVER CORP 10,012 15,436
    DOW INC 19,759 20,703
    DUKE REALTY CORPORATION 7,783 13,062
    E O G RES INC 30,746 43,260
    EASTMAN CHEM CO 5,831 8,826
    E BAY INC 15,521 20,682
    ECOLAB INC 22,381 25,336
    EDISON INTERNATIONAL 13,777 14,742
    EDWARDS LIFESCIENCES CORP 25,041 36,663
    ELECTRONIC ARTS INC COM 13,540 15,432
    EMERSON ELECTRIC CO 18,228 23,800
    ENPHASE ENERGY INC 12,159 11,342
    ENTERGY CORPORATION 10,697 10,814
    EQUIFAX INC 8,521 14,054
    EQUINIX INC 32,074 37,217
    EQUITY RESIDENTIAL 10,986 13,304
    ESSEX PROPERTY TRUST INC 7,911 9,510
    ETSY INC 5,787 9,414
    EVERGY INC 8,526 9,400
    EVERSOURCE ENERGY 14,034 14,921
    EXELON CORPORATION 20,023 25,588
    EXPEDIA INC 9,378 11,747
    EXPEDITORS INTL WASH INC 9,734 13,160
    EXTRA SPACE STORAGE INC 10,759 17,685
    F M C CORPORATION 9,287 8,571
    META PLATFORMS INC 275,251 364,940
    FASTENAL CO 10,934 17,681
    FED EX CORP 26,517 28,192
    FIDELITY NATIONAL INFO SERV 37,513 28,706
    FIFTH THIRD BANCORP 6,544 10,844
    FIRST REPUBLIC BANK SAN FRAN 11,117 15,282
    FISERV INC 26,044 24,494
    FIRST ENERGY CORP 11,601 13,475
    FLEETCOR TECHNOLOGIES INC 11,072 9,401
    FORD MOTOR CO 23,084 39,920
    FORTINET INC 9,512 19,048
    FORTIVE CORP WI 12,585 14,419
    FORTUNE BRANDS HOME & SECURI 5,236 7,269
    FOX CORP CLASS A W I 6,797 6,494
    FRANKLIN RES INC 4,344 6,464
    FREEPORT MCMORAN INC 18,591 40,478
    ARTHUR J GALLAGHER CO 11,422 16,288
    GARTNER INC 10,749 15,713
    GENERAC HOLDINGS INC 6,638 7,038
    GENERAL DYNAMICS CORP 17,961 21,472
    GENERAL ELEC CO 41,167 50,164
    GENERAL MILLS INC 16,992 18,934
    GENERAL MTRS CO COM 21,682 31,250
    GENUINE PARTS COMPANY 10,389 13,599
    GILEAD SCIENCES INC 41,855 44,002
    GLOBAL PAYMENTS INC 22,606 15,411
    GOLDMAN SACHS GROUP INC 39,731 56,617
    GRAINGER W W INC 7,668 11,401
    HCA HEALTHCARE INC 17,748 27,747
    HP INC 14,588 19,739
    HALLIBURTON CO 10,917 13,013
    HARTFORD FINANCIAL SERVICES GRP INC 13,866 15,465
    HASBRO INC 7,839 10,687
    HEALTHPEAK PROPERTIES INC 7,892 9,203
    JACK HENRY ASSOCIATES INC 7,541 7,682
    HERSHEY CO THE 11,760 14,510
    HESS CORP 19,351 20,580
    HEWLETT PACKARD ENTERPRIS CO 10,592 12,506
    HILTON WORLDWIDE HLDGS WI 9,789 15,599
    HOLOGIC INC 4,056 6,201
    HOME DEPOT INC 127,244 199,205
    HONEYWELL INTERNATIONAL INC 54,643 63,596
    HORMEL FOODS CORP 10,840 11,129
    HOST HOTELS RESORTS INC 8,498 8,173
    HOWMET AEROSPACE INC COM 6,332 6,334
    HUMANA INC 20,656 25,512
    HUNT J B TRANS SVCS INC 6,872 8,380
    HUNTINGTON BANCSHARES INC 11,388 12,814
    HUNTINGTON INGALLS INDUSTRIE 4,886 5,042
    IDEX CORP 4,402 6,853
    IDEXX LABS INC 18,825 26,338
    ILLINOIS TOOL WORKS INC 23,321 31,097
    ILLUMINA INC 22,541 23,587
    INCYTE CORP 11,997 10,276
    INGERSOLL RAND INC 10,968 15,344
    INTEL CORP 105,547 95,739
    INTERCONTINENTAL EXCHANGE INC 26,082 34,193
    INTL BUSINESS MACHINES CORP 51,743 55,335
    INTL FLAVORS FRAGRANCES 17,236 20,338
    INTERNATIONAL PAPER CO 12,198 11,604
    INTERPUBLIC GROUP COS INC COM 4,327 7,640
    INTUIT INC 41,793 77,186
    INTUITIVE SURGICAL INC 38,974 60,362
    IQVIA HOLDINGS INC 11,687 18,903
    IRON MOUNTAIN INC 9,216 13,344
    J P MORGAN CHASE CO COM 172,550 217,256
    JACOBS ENGR GROUP INC 4,038 6,544
    JOHNSON JOHNSON 191,414 217,259
    JUNIPER NETWORKS INC 3,759 5,785
    KLA CORPORATION 14,422 26,667
    KELLOGG CO 9,264 9,019
    KEYCORP 6,128 9,946
    KEYSIGHT TECHNOLOGIES INC 9,069 16,108
    KIMBERLY CLARK CORP 21,209 21,724
    KINDER MORGAN INC 31,036 28,929
    KRAFT HEINZ CO COM 10,572 11,847
    KROGER CO 10,896 14,800
    LKQ CORPORATION 6,946 8,164
    L3HARRIS TECHNOLOGIES INC 18,746 19,618
    LABORATORY CORP OF AMERICA HOLDINGS 7,660 11,626
    LAM RESEARCH CORP 28,347 46,745
    LAMB WESTON HOLDINGS INC 3,957 3,739
    LAS VEGAS SANDS CORP 11,740 7,189
    LAUDER ESTEE COS INC CL A 25,426 40,352
    LENNAR CORP CL A 6,257 12,429
    ELI LILLY CO 72,843 115,736
    LIVE NATION ENTERTAINMENT INC 4,907 7,900
    LOCKHEED MARTIN CORP COM 46,207 43,715
    LOEWS CORP 5,673 6,180
    LOWES CO INC 42,188 79,612
    LUMEN TECHNOLOGIES INC LA 4,089 4,756
    M T BANK CORP 6,373 6,604
    MGM RESORTS INTERNATIONAL 9,339 12,387
    MSCI INC 12,539 18,381
    MARATHON OIL CORPORATION 6,776 17,307
    MARKETAXESS HLDGS INC 4,684 4,935
    MARSH MCLENNAN COS INC 27,764 41,543
    MARRIOTT INTL INC 15,258 18,176
    MARTIN MARIETTA MATLS INC 6,325 11,454
    MASCO CORP 6,515 7,022
    MASTERCARD INC 127,347 141,213
    MATCH GROUP INC NEW 8,249 6,877
    MCDONALDS CORP COM 72,625 89,267
    MCKESSON CORPORATION 13,688 20,134
    MERCK CO INC 108,724 104,614
    METLIFE INC 15,206 20,497
    METTLER TOLEDO INTL INC 5,280 13,578
    MICROSOFT CORP COM 714,716 1,142,815
    MICROCHIP TECHNOLOGY INC 12,062 18,283
    MICRON TECHNOLOGY INC 24,698 42,290
    MODERNA INC 82,632 55,876
    MOHAWK INDS INC 6,766 5,648
    MOLSON COORS BEVERAGE COMPANY 5,270 4,913
    MONDELEZ INTERNATIONAL W I 38,444 44,295
    MONOLITHIC POWER SYSTEMS INC 11,537 13,813
    MONSTER BEVERAGE CORP 12,057 15,366
    MOODYS CORP 20,882 28,903
    MORGAN STANLEY 17,971 42,012
    MOSAIC CO NEW COM 3,734 7,897
    MOTOROLA SOLUTIONS INC 10,211 16,302
    NRG ENERGY INC 4,734 5,643
    NASDAQ INC 6,136 9,870
    NETAPP INC 9,862 13,523
    NETFLIX COM INC 82,730 116,873
    NEWELL BRANDS INC 7,320 7,688
    NEWS CORP NEW CL A W 6,388 5,332
    NEXTERA ENERGY INC 61,246 83,464
    NIKE INC 65,131 97,502
    NISOURCE INC 6,527 7,096
    NORFOLK SOUTHN CORP COM 25,402 34,237
    NORTHERN TRUST CORP 10,811 14,114
    NORTHROP GRUMMAN CORPORATION 24,797 27,482
    NORTONLIFELOCK INC 4,779 5,404
    NUCOR CORP 8,420 18,492
    NVIDIA CORP 122,807 335,285
    O REILLY AUTOMOTIVE INC 14,803 21,893
    OLD DOMINION FGHT LINE INC 7,256 14,335
    OMNICOM GROUP INC 11,449 11,943
    ONEOK INC 9,702 18,979
    ORACLE CORPORATION 51,859 74,826
    ORGANON CO 14,848 14,068
    OTIS WORLDWIDE CORP 12,065 16,108
    P N C FINANCIAL SERVICES GROUP INC 28,246 38,299
    P P G INDS INC 12,859 17,589
    PPL CORPORATION 14,754 15,631
    PACCAR INC 13,728 15,357
    PACKAGING CORP AMERICA 5,027 6,535
    PARKER HANNIFIN CORP 11,876 19,087
    PAYCHEX INC 19,367 27,573
    PAYCOM SOFTWARE INC 8,015 9,965
    PAYPAL HOLDINGS INC 99,258 99,382
    PENN ENTERTAINMENT INC 7,576 3,681
    PEOPLES UNITED FINANCIAL INC 6,180 6,184
    PEPSICO INC 98,545 123,334
    PERKIN ELMER INC 8,236 15,281
    PHILLIPS 66 27,554 27,607
    PINNACLE WEST CAP CORP 6,387 4,800
    PIONEER NATURAL RESOURCES CO 25,389 36,376
    POOL CORPORATION 9,435 12,452
    T ROWE PRICE GROUP INC 18,096 22,810
    PRINCIPAL FINANCIAL GROUP INC 4,758 7,305
    PROCTER GAMBLE CO 151,877 193,352
    PROGRESSIVE CORP 25,684 29,871
    PROLOGIS INC 34,924 58,421
    PRUDENTIAL FINANCIAL INC 21,965 27,818
    PUBLIC SVC ENTERPRISE GROUP INC 13,865 16,482
    PUBLIC STORAGE INC 17,175 25,845
    PULTE GROUP INC 3,721 6,631
    QORVO INC 3,943 5,474
    QUALCOMM INC COM 57,349 97,104
    QUEST DIAGNOSTICS INC 7,193 11,073
    RAYMOND JAMES FINL INC 7,133 8,534
    RAYTHEON TECHNOLOGIES CORP COM 48,362 58,004
    REALTY INCOME CORP 14,872 15,320
    REGENCY CENTERS CORPORATION 5,216 6,028
    REGENERON PHARMACEUTICALS INC 31,399 35,365
    REGIONS FINL CORP 5,857 8,698
    REPUBLIC SVCS INC 13,424 17,292
    RESMED INC 10,510 14,066
    ROBERT HALF INTL INC 4,767 9,814
    ROCKWELL AUTOMATION INC 10,755 18,489
    ROPER TECHNOLOGIES INC COM 17,626 21,150
    ROSS STORES INC 17,136 18,399
    S P GLOBAL INC 37,040 51,912
    SBA COMMUNICATIONS CORP 15,541 19,062
    SVB FINL GROUP 3,557 9,495
    SALESFORCE INC 92,996 115,375
    SCHWAB CHARLES CORP 41,665 62,066
    SEMPRA COM 18,630 18,122
    SERVICENOW INC 36,288 51,929
    SHERWIN WILLIAMS CO 23,982 38,738
    SIMON PROPERTY GROUP INC 17,634 29,557
    SKYWORKS SOLUTIONS INC 7,981 11,636
    SMITH A O CORP 6,283 8,070
    JM SMUCKER CO THE 10,436 11,816
    SNAP ON INC 4,437 6,246
    SOUTHERN CO THE 41,077 47,183
    SOUTHWEST AIRLINES CO 14,103 12,081
    STANLEY BLACK DECKER INC 12,137 13,958
    STARBUCKS CORP 46,915 58,836
    STATE STR CORP 13,780 16,554
    STRYKER CORP 31,365 36,904
    SYNOPSYS INC 11,445 23,216
    SYNCHRONY FINANCIAL 10,557 14,056
    SYSCO CORP 11,552 13,668
    TJX COMPANIES INC 31,361 40,010
    T MOBILE US INC 31,547 30,967
    TAKE-TWO INTERACTIVE SOFTWARE INC 4,852 6,576
    TAPESTRY INC 4,883 5,278
    TARGET CORP 32,033 51,611
    TELEFLEX INC 9,312 7,884
    TERADYNE INC 5,760 11,611
    TESLA INC 256,957 375,157
    TEXAS INSTRUMENTS INC 61,762 80,288
    THERMO FISHER SCIENTIFIC INC 74,268 119,436
    3M CO 46,138 47,605
    TRACTOR SUPPLY COMPANY 5,054 8,590
    TRANSDIGM GROUP INC 11,466 13,362
    TRAVELERS COS INC 15,868 18,615
    TRIMBLE NAV LTD 9,267 10,550
    TRUIST FINANCIAL CORP 27,703 34,720
    TWITTER INC 17,283 15,732
    TYLER TECHNOLOGIES INC 4,981 7,531
    TYSON FOODS INC CL A 15,220 16,037
    UDR INC 7,221 9,358
    US BANCORP 27,819 33,590
    ULTA BEAUTY INC COM 6,738 8,247
    UNION PACIFIC CORP COM 54,028 73,060
    UNITED AIRLINES HOLDINGS INC COM 7,968 8,668
    UNITED PARCEL SERVICE INC CL B 48,395 68,589
    UNITED RENTALS INC COM 8,552 11,630
    UNITEDHEALTH GROUP INC COM 147,642 222,950
    V F CORP COM 14,023 12,887
    VALERO ENERGY CORP COM 18,569 19,904
    VENTAS INC COM 10,131 6,952
    VERISIGN INC 8,260 10,153
    VERIZON COMMUNICATIONS INC COM 118,169 107,090
    VERISK ANALYTICS INC COM 14,534 19,442
    VERTEX PHARMACEUTICALS INC COM 21,836 20,203
    PARAMOUNT GLOBAL CL B ORD 8,893 9,084
    VIATRIS INC COM 12,567 11,920
    VISA INC COM CL A 153,521 163,833
    VORNADO RLTY TR SH BEN INT 4,758 5,442
    VULCAN MATLS CO COM 7,667 9,964
    WEC ENERGY GROUP INC COM 16,376 16,793
    WABTEC COM 5,536 6,540
    WALMART INC COM 84,140 94,917
    WALGREENS BOOTS ALLIANCE INC COM 18,115 19,195
    WASTE MGMT INC DEL COM 19,815 27,705
    WATERS CORP COM 9,342 13,414
    WELLS FARGO CO NEW COM 74,691 92,409
    WELLTOWER INC COM 11,218 13,809
    WEST PHARMACEUTICAL SVCS INC COM 11,692 17,822
    WESTERN DIGITAL CORP COM 7,399 7,695
    WESTROCK CO COM 4,429 5,722
    WEYERHAEUSER CO MTN BE COM NEW 9,598 12,889
    WHIRLPOOL CORP COM 4,372 7,509
    WILLIAMS COS INC COM 23,509 27,238
    WYNN RESORTS LTD COM 5,773 4,507
    XCEL ENERGY INC COM 16,304 16,451
    XILINX INC COM 7,844 15,690
    XYLEM INC COM 9,925 12,712
    YUM BRANDS INC COM 12,454 14,719
    ZEBRA TECHNOLOGIES CORPORATION CL A 3,809 8,928
    ZIMMER BIOMET HOLDINGS INC COM 12,526 11,180
    ZOETIS INC CL A 44,505 71,501
    ABB LTD A D R 13,972 28,780
    ACS ACTIVIDADES CONS UNS A D R 10,165 8,070
    AGC INC UNSP A D R 11,338 19,403
    AIA GROUP LTD A D R 46,927 49,075
    A P MOLLER MAERSK A D R 5,609 19,051
    ACCOR SA SPON A D R 6,693 5,027
    ADECCO GROUP AG A D R 8,209 7,824
    ADIDAS AG A D R 21,408 21,024
    ADYEN NV UNSPON A D R 10,873 21,951
    AEGON N V A D R 5,520 7,059
    AFTERPAY LTD A D R 10,911 7,907
    AGEAS NV A D R 6,741 6,533
    AIR LIQUIDE S A A D R 16,515 22,979
    AIRBUS SE A D R 30,960 28,751
    ELECTROLUX AB SPON A D R 7,476 7,972
    AKZO NOBEL NV SPON A D R 8,416 10,397
    ALFA LAVAL AB A D R 14,153 19,842
    ALLIANZ SE UNSP A D R 31,319 33,739
    ALSTOM SA UNSPON A D R 7,389 6,160
    AMADEUS IT GROUP, S.A. A D R 16,507 14,898
    ANGLO AMERICAN PLC SPON A D R 16,715 31,961
    ANHEUSER BUSCH INBEV NV A D R 35,282 22,464
    ARCELORMITTAL CLASS A N Y REGISTRY 6,021 14,164
    ARKEMA A D R 8,662 14,317
    ASAHI KASEI CORP A D R 7,286 7,648
    ASHTEAD GROUP PLC UNSPON A D R 8,007 24,659
    ASSA ABLOY AB A D R 8,903 13,010
    ASSOC BRIT FOODS UNSP A D R 13,240 12,906
    ASTELLAS PHARMA INC A D R 9,198 10,803
    ASTRAZENECA P L C SPSD A D R 50,914 66,114
    ATLANTIA SPA UNSPONSORED A D R 8,741 10,480
    ATLAS COPCO AB SPONS A D R 9,014 21,971
    ATLAS COPCO AB A D R CL B 4,949 11,622
    AUST NZ BANK GRP SPON A D R 30,895 34,942
    AVIVA PLC A D R 14,579 18,751
    AXA SPONS A D R 14,640 18,249
    B A E SYSTEMS P L C A D R 10,563 11,616
    B A S F A G A D R 19,417 20,773
    B H P BILLITON PLC SPON A D R 18,991 27,016
    BP PLC SPON A D R 57,450 41,623
    BNP PARIBAS A D R 19,462 29,954
    BANCO BILBAO VIZCAYA ARGEN A D R 11,207 18,121
    BANCO SANTANDER SA A D R 24,197 20,108
    BARCLAYS PLC A D R 15,497 23,670
    BAYER AG A D R 26,161 18,789
    BAYERISCHE MOTOREN SPON A D R 6,738 9,953
    BEIERSDORF AG UNSPON A D R 7,570 6,733
    B H P BILLITON LIMITED A D R 38,237 46,892
    BOC HONG KONG HLDGS LTD A D R 8,033 7,756
    BRAMBLES LTD SPONSORED A D R 15,463 14,044
    BRENNTAG SE A D R 5,739 11,221
    BRIDGESTONE CORP A D R 10,807 12,913
    BRITISH LAND CO PLC SPON A D R 6,946 7,629
    BURBERRY GROUP PLC A D R 7,420 6,901
    CHR HANSEN HOLDING SPON A D R 7,381 7,006
    CRH SPON A D R 9,378 15,101
    CSL LIMITED A D R 40,550 51,736
    CANON INC SPONS A D R 10,979 13,510
    CAPGEMINI SE USNPONSOR A D R 11,275 23,149
    CARL ZEISS MEDITEC AG A D R 12,068 19,080
    CARLSBERG AS A D R 11,392 13,367
    CARREFOUR SA SP A D R 5,946 6,464
    CENTRAL JAPAN RAI UNSPON A D R 39,806 26,792
    CLP HOLDINGS SPON A D R 8,192 7,774
    COLOPLAST A S A D R 10,673 15,681
    COMMERZBANK AG SPONS A D R 5,135 7,100
    COMMONWEALTH BANK OF AUS A D R 37,983 51,215
    COMPAGNIE DE SAINT UNSP A D R 7,367 14,008
    CIE FINANCIERE RICH UNSP A D R 15,555 29,960
    COMPASS GROUP PLC A D R 28,450 26,231
    CONTINENTAL AG SPON A D R 7,249 6,999
    COVESTRO AG SPONSORED A D R 5,983 8,312
    CREDIT AGRICOLE SA A D R 5,524 6,804
    CREDIT SUISSE GROUP SPON A D R 17,439 15,058
    DBS GROUP HLDGS LTD SPON A D R 23,211 31,545
    DAI NIPPON PRTG LTD JAPAN A D R 10,644 12,521
    DAIKIN INDUSTRIES UNSPON A D R 15,322 27,623
    DAIICHI SANKYO CO LTD A D R 27,528 32,066
    MERCEDES BENZ GROUP AG A D R 15,195 30,151
    DAITO TRUST CONS SPON A D R 28,753 28,270
    DAIWA HOUSE IND A D R 30,326 28,097
    DAIWA SECURITIES GR SPON A D R 11,573 15,741
    DANONE SPON A D R 26,449 18,424
    DASSAULT SYSTEMES SA A D R 13,626 28,348
    DELIVERY HERO SE A D R 4,268 4,675
    DENSO CORPORATION A D R 15,260 29,972
    DEUTSCHE BOERSE AG UNSPON A D R 12,570 13,736
    DEUTSCHE LUFTHANSA SPON A D R 4,717 2,067
    DEUTSCHE TELEKOM AG SPON A D R 13,749 15,400
    DEUTSCHE POST AG A D R 18,791 36,397
    DIAGEO PLC SPONSORED A D R 47,105 61,639
    DSV PANALPINA A S A D R 11,427 27,115
    E N I SPA A D R 24,749 23,115
    E ON AG A D R 4,812 7,291
    EAST JAPAN RAILWAY UNSP A D R 25,427 16,445
    EDENRED SA UNSP ADR 14,178 13,549
    EISAI COMPANY LTD SPON A D R 8,047 9,091
    EDF UNSPON A D R 5,634 5,456
    ENAGAS UNSPON A D R 4,568 4,875
    ENEL SOCIETA A D R 24,546 27,613
    ENGIE A D R 10,422 10,228
    EPIROC AB UNSP A D R 10,619 17,737
    EQUINOR ASA SPON ADR 13,105 18,721
    ERICSSON LM TEL SP A D R 10,673 14,098
    ERSTE GROUP BANK AG A D R 6,118 8,963
    ESSILORLUXOTTICA A D R 16,050 23,306
    EVOLUTION AB A D R 27,594 30,736
    EXPERIAN GROUP LTD A D R 16,463 26,184
    FANUC CORPORATION A D R 13,978 17,713
    FAST RETAILING CO UNSPON A D R 23,125 22,097
    FERROVIAL SA UNSPONSORED A D R 8,902 10,298
    FLUTTER ENTERTAINM UNSP ADR 11,607 16,251
    FORTESCUE METALS SPON A D R 4,797 13,754
    FRESENIUS AKTIENGESELLSCHAFT A D R 11,118 10,777
    FRESENIUS SE CO SPN A D R 10,015 8,253
    FUCHS PETROLUB SE PREF A D R 5,277 5,341
    FUJIFILM HOLDINGS A D R 7,625 12,844
    FUJITSU LTD UNSPON A D R 9,321 20,608
    FUTU HOLDINGS LTD A D R 8,684 5,499
    GALP ENERGIA SGPS UNSPON A D R 9,427 6,472
    GEBERIT AG UNSP A D R 9,708 17,824
    GENMAB A S SP A D R 8,181 14,637
    GIVAUDAN SA A D R 15,045 29,585
    GSK PLC A D R 43,391 46,349
    GLENCORE PLC UNSP A D R 17,296 31,651
    GRIFOLS SA A D R 4,743 2,471
    HSBC HOLDINGS PLC SPONS A D R 62,085 51,647
    HANG LUNG PPTYS LTD A D R 18,879 17,154
    HANNOVER RUCKVERSICHERUNGS SE A D R 10,238 11,613
    HEIDELBERGCEMENT A D R 4,350 4,310
    HEINEKEN NV SPON A D R 16,223 17,022
    HENDERSON LD DEV LTD A D R 18,117 19,665
    HENKEL AG COMPANY KGAA SPON A D R 21,330 17,531
    HENKEL AG AND CO KGAA A D R 5,261 4,280
    HERMES INTL A D R 10,597 27,207
    HEXAGON AB UNSP A D R 16,966 27,995
    HITACHI LTD A D R 16,288 25,900
    HOLCIM LTD NEW A D R 11,504 12,269
    HONDA MOTOR CO LTD A D R 13,719 16,359
    HONGKONG LD HLDGS LTD A D R 9,817 12,308
    HONG KONG EXCHANGES UNSP A D R 16,355 31,699
    HOYA CORP A D R 16,772 29,764
    IBERDROLA S SPON A D R 23,981 27,665
    IMPERIAL BRANDS PLC A D R 15,655 13,554
    INDITEX UNSPON A D R 14,269 12,806
    INFINEON TECHNOLOGIES A D R 11,096 28,980
    INFORMA PLC SP A D R 4,847 4,758
    I N G GROEP N V SPONSORED A D R 12,957 18,764
    INPEX CORPORATION A D R 15,642 15,856
    INTERCONTINENTAL HOTELS A D R 8,761 9,129
    INTESA SANPAOLO SPON A D R 3,456 3,094
    ITOCHU CORP A D R 10,802 16,865
    J SAINSBURY PLC SPON A D R 6,661 10,236
    JAMES HARDIE INDS PLC SPON A D R 7,526 19,938
    JAPAN AIRLINES CO UNP A D R 2,719 2,755
    JAPAN EXCHANGE GROUP INC A D R 13,557 19,327
    JARDINE MATHESON HLDGS LTD A D R 9,241 9,786
    JULIUS BAER GROUP LTD A D R 6,817 11,544
    JUST EAT TAKEAWAY COM N V G D R 4,879 3,077
    KBC GROEP NV UNSP A D R 7,890 11,853
    KAO CORP A D R 15,503 10,983
    KDDI CORP A D R 16,317 18,195
    KERING UNSPON A D R 13,966 23,267
    KINGFISHER PLC SPONS A D R 4,403 8,691
    KIRIN BREWERY CO A D R 3,305 2,683
    KNORR BREMSE UNSP A D R 4,867 4,180
    KOMATSU LTD SPONS A D R 7,871 8,717
    KONINKLIJKE AHOLD DELHAIZE NV A D R 12,467 18,473
    KONE OYJ B UNSPON A D R 8,021 9,903
    KUBOTA LTD A D R 16,407 25,360
    KUEHNE NAGEL INTL UNSP A D R 5,963 5,945
    KYOCERA CORP A D R 11,967 12,617
    LOREAL UNSPON A D R 25,997 46,088
    LVMH MOET HENNESSY A D R 41,949 86,226
    LEGAL GEN GROUP SPON A D R 10,888 15,919
    LEGRAND SA UNSP A D R 9,322 15,511
    LLOYDS BANKING GROUP PLC A D R 19,114 20,528
    LONDON STOCK EXCHG UNSP A D R 24,502 23,755
    LONZA GROUP AG UNSPON A D R 11,825 28,056
    MS D INSURANCE UNSPONS A D R 20,726 19,853
    MACQUARIE GROUP LID A D R 22,187 39,929
    MAZDA MOTOR CORP UNSPON A D R 10,494 11,173
    MEDIOBANCA SPA UNSPONSOR A D R 5,259 6,233
    MELCO RESORTS AND ENT LIMITED A D R 3,972 1,985
    MERCK KGAA SPONSORED A D R 3,925 9,534
    MICHELIN CGDE UNSPON A D R 5,926 9,247
    MITSUBISHI ELECTRIC UNSP A D R 10,398 11,104
    MITSUBISHI ESTATE LTD A D R 36,881 27,320
    MITSUBISHI UFJ FINL GRP A D R 17,695 20,328
    MITSUI FUDOSAN UNSPON A D R 35,590 30,958
    MIZUHO FNL GRP A D R 14,334 12,380
    MONOTARO CO LTD UNSP A D R 6,328 9,008
    MOWI ASA SPON ADR A D R 7,864 7,639
    MTU AERO ENGINES UNSPON A D R 4,295 4,872
    MUENCHENER RUECK UNSPON A D R 15,725 19,364
    MURATA MANUFACTUR UNSPON A D R 11,534 22,224
    NN GROUP NV ADR 7,858 12,258
    NATL AUSTRALIA BK SPON A D R 31,794 36,566
    NATIONAL GRID PLC A D R 18,585 25,818
    NATURGY ENERGY GROUP SA A D R 9,730 11,910
    NATWEST GROUP PLC A D R 15,628 19,295
    NESTE OYJ UNSP ADR A D R 8,217 12,814
    NESTLE SA SPONSORED A D R 130,824 165,637
    NEWCREST MINING LTD A D R 18,684 13,233
    NEXON CO LTD A D R 13,083 11,240
    NICE LTD A D R 8,839 17,609
    NIDEC CORPORATION A D R 13,978 22,428
    NINTENDO LTD A D R 19,071 23,465
    NIPPON TELEGRAPH TELE A D R 15,552 17,871
    NISSAN MOTORS SPON A D R 6,963 7,284
    NITTO DENKO CORP UNSPON A D R 12,196 20,379
    NOKIA CORP SPON A D R 11,728 14,462
    NOMURA HOLDINGS INC A D R 5,694 5,958
    NOMURA RESEARCH INS UNSP ADR A D R 9,099 14,046
    NORDEA BANK ABP SPON ADR A D R 9,362 18,232
    NORSK HYDRO A S SPON A D R 4,747 11,653
    NOVARTIS AG A D R 68,471 67,002
    NOVO NORDISK AS A D R 33,946 72,688
    NOVOZYMES A S UNSPONS A D R 5,839 11,554
    OMV AG BEARER SHRS A D R 21,356 24,119
    OCADO GROUP PLC SP A D R 9,846 8,810
    OLYMPUS CORP SPON A D R 4,968 6,014
    OMRON CORP SPONSORED A D R 15,354 32,546
    ONO PHARMACEUTICAL CO A D R 14,041 18,732
    ORANGE SPON A D R 12,755 9,010
    ORIX CORP SPONS A D R 7,749 10,789
    ORKLA ASA SPON A D R 11,695 12,741
    OTSUKA HOLDINGS LTD A D R 13,951 12,757
    PAN PAC INTL HLDGS UNSP A D R 9,907 8,294
    PANASONIC HOLDINGS CORPORATION A D R 7,828 11,087
    PANDORA A S SPONSORED A D R 2,427 6,817
    PEARSON P L C A D R 7,438 7,249
    PERNOD RICARD SA A D R 18,002 23,367
    PERSIMMON PLC UNSPON A D R 11,194 19,311
    PORSCHE AUTOMOBIL HLDG SE A D R 4,619 8,028
    POWER ASSETS HLDGS A D R 15,514 13,632
    PROSUS NV SPON ADR A D R 21,358 23,337
    PRUDENTIAL P L C A D R 19,763 20,658
    PRYSMIAN SPA A D R 7,516 11,396
    PUBLICIS GROUPE A D R 6,554 9,312
    QBE INSURANCE GROUP SPN A D R 5,057 7,830
    RWE AG A D R 11,719 16,618
    RAKUTEN GROUP INC A D R 3,108 3,210
    RANDSTAD NV A D R 4,666 6,592
    RECKITT BENCKISER SPON A D R 24,934 28,648
    RECRUIT HOLDINGS CO LTD ADR 11,328 10,304
    RED ELECTRICA COR UNSPON A D R 12,247 13,380
    RELX PLC SPON A D R 20,890 28,305
    RENAULT SA UNSP A D R 6,356 5,090
    RENTOKIL INITIAL PLC SP A D R 7,311 8,748
    REPSOL S A SPON A D R 16,853 15,410
    ROCHE HOLDINGS LTD SPON A D R 73,726 109,583
    ROLLS-ROYCE HOLDINGS PLC A D R 19,120 5,516
    KONINKLIJKE DSM NV A D R 9,458 17,209
    KONINKLIJKE ROYAL KPN NV SP A D R 8,053 7,794
    RYOHIN KEIKAKU CO UNSP A D R 10,168 9,101
    SKF AB SPON A D R 5,924 8,874
    SMC CORP SPON A D R 10,328 18,976
    SSE PLC SPN A D R 10,825 17,252
    SAFRAN SA UNSPON A D R 15,698 13,490
    SAMPO OYJ A A D R 10,842 12,841
    SANDVIK AB A D R 8,573 16,379
    SANOFI A D R 34,564 40,331
    SANTEN PHARMACEUTICAL UN A D R 17,123 12,224
    SAP SE SPON ADR A D R 48,719 57,445
    SCHNEIDER ELECT SE UNSP A D R 15,208 36,348
    SEA LTD A D R 8,872 6,488
    SECOM COMPANY LIMITED A D R 19,418 16,177
    SEIKO EPSON A D R 9,302 13,018
    SEVEN & I HLDGS UNSPON A D R 15,721 19,544
    SGS SA A D R 6,736 9,436
    SHIN ETSU CHEM UNSPON A D R 13,629 23,794
    SHIMANO INC A D R 6,306 11,953
    SHISEIDO COMPANY LIMITED A D R 14,215 9,944
    SIEMENS AG A D R 26,981 47,284
    SIEMENS HEALTHINEE UNSP A D R 11,905 17,529
    SINGAPORE TELECOMMUNICATNS A D R 3,917 3,713
    SMITH NEPHEW PLC SPON A D R 21,443 15,994
    SMITHS GROUP PLC SPON A D R 9,734 10,751
    SMURFIT KAPPA GROUP A D R 5,546 10,637
    SOCIETE GENERALE SPON A D R 9,724 13,269
    SODEXO SPONSORED A D R 8,038 6,165
    SOFTBANK GROUP CORP UNSP A D R 27,603 29,846
    SONIC HEALTHCARE LTD SP A D R 7,133 9,083
    SONY GROUP CORPORATION A D R 28,685 64,590
    SONOVA HOLDING UNSPON A D R 10,834 18,295
    SOUTH32 LTD A D R 15,540 26,089
    SPARK NEW ZEALAND SPON A D R 12,880 14,935
    STMICROELECTRONICS N V 5,897 16,424
    STORA ENSO OYJ A D R 4,629 7,814
    SUBARU CORP UNSPONS A D R 11,817 8,166
    SUEZ SPONSORED ADS A D R 3,098 4,714
    SUMITOMO CHEMICAL CO UNS A D R 18,847 20,350
    SUMITOMO CORPORATION A D R 5,715 6,260
    SUMITOMO MITSUI FINL GROUP A D R 12,863 13,953
    CHUO MITSUI TRUST HOLDINGS INC A D R 16,075 17,034
    SUN HUNG KAI PPTYS LTD SPON A D R 4,153 3,736
    SUNTORY BEVERAGE UNSPON A D R 20,695 18,060
    SVENSKA HANDELSBANKEN A UNSP A D R 5,116 6,406
    SUZUKI MOTOR CORPORATION A D R 11,615 12,020
    SWATCH GROUP AG A D R 5,541 6,218
    SWEDBANK A B A D R 6,382 9,980
    SWEDISH MATCH AB UNSPON A D R 9,493 14,347
    SWIRE PACIFIC SPON A D R 3,077 3,181
    SWISS RE LTD SPON A D R 16,161 16,057
    SWISSCOM A G A D R 10,545 12,017
    SYMRISE AG UNSPON A D R 8,178 13,382
    SYSMEX CORP UNSPON A D R 13,782 30,225
    TAISHO PHARMA HOLD UNSP A D R 10,664 8,666
    TAKEDA PHARMACEUTICAL SP A D R 19,907 16,192
    TECHTRONIC INDUSTRIES SP A D R 5,094 14,512
    TELECOM ITALIA SPA SPON A D R 4,552 4,445
    TELEFONICA SA SPON A D R 15,815 10,079
    TELEPERFORMANCE UNSPON A D R 5,953 12,471
    TELIA COMPANY AB A D R 6,841 6,161
    TELSTRA CORP LTD A D R 18,064 21,921
    TEMENOS AG SP A D R 17,188 15,935
    TENARIS SA A D R 10,606 14,665
    TURNA SPA UNSPON A D R 12,403 16,202
    TESCO PLC SPONSORED ADR A D R 22,169 26,190
    TEVA PHARMACEUTICAL INDS LTD A D R 3,687 4,229
    TOKIO MARINE HOLDINGS A D R 15,883 17,363
    TOKYO ELECTRON LTD A D R 11,432 36,695
    TORAY INDUSTRIES INC A D R 5,579 4,671
    TOSHIBA CORPORATION A D R 10,755 14,649
    TOTALENERGIES SE A D R 46,930 47,284
    TOYOTA MTR CORP A D R 56,174 79,679
    TREASURY WINE ESTATES LTD A D R 3,382 3,495
    UCB S A A D R 7,231 6,880
    UBISOFT ENTERTAIN UNSPON A D R 6,820 4,062
    UMICORE UNSPON A D R 3,444 4,670
    UNI CHARM CORPORATION A D R 9,073 13,036
    UNICREDIT SPA A D R 9,314 13,423
    UNILEVER PLC SPONSORED A D R 66,163 58,524
    UNITED OVERSEAS BK LTD SPON A D R 23,714 26,593
    UNITED UTILITIES GROUP A D R 7,349 10,852
    VALEO SE A D R 3,742 4,212
    VEOLIA ENVIRONNEMENT A D R 8,643 13,174
    VESTAS WIND SYSTEM UNSP A D R 7,472 15,306
    VINCI SA A D R 18,318 17,891
    VIVENDI SA UNSPON A D R 10,581 5,109
    VODAFONE GROUP PLC A D R 24,034 19,469
    VOLKSWAGEN A G UNSPON A D R 6,577 10,074
    VOLVO AB B SHS UNSPON A D R 7,319 12,376
    VONOVIA SE A D R 3,740 3,356
    WH GROUP LTD A D R 6,629 4,403
    WPP PLC SPON A D R 14,932 19,190
    WESFARMERS LIMITED UNSP A D R 21,515 35,263
    WESTPAC BANKING CORP SP A D R 34,802 28,635
    WOLTERS KLUWER N V SPONSORED A D R 9,977 16,421
    YARA INTL A D R 3,660 4,379
    YASKAWA ELEC CORP A D R 13,407 20,996
    Z HOLDINGS CORP 4,335 9,254
    ZALANDO SE UNSPONSORED A D R 5,926 6,708
    ZURICH INSURANCE GROUP A D R 20,453 25,476
    DEUTSCHE BANK A G NAMEN AKT 9,982 14,588
    COCA COLA EUROPACIFIC PARTNERS PLC 8,572 10,179
    FERGUSON PLC NEW SHS 10,043 24,935
    ALCON INC 16,155 23,697
    UBS GROUP AG 17,308 28,717
    LOGITECH INTL SA 11,240 12,290
    CYBERARK SOFTWARE LTD ISRAEL 2,588 3,985
    ELBIT SYSTEMS LTD 4,676 5,224
    ICL GROUP LTD 4,499 8,809
    WIX COM LTD 3,477 3,945
    ASML HOLDING NV NY REG SHS 38,665 142,509
    FERRARI NV 9,310 15,270
    QIAGEN N V 11,594 13,562
    STELLANTIS N V 6,850 9,905
    GRG RIGHTS AND WARRANTS - BROKEN OUT BY INVESTMENT 0 4,872

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE GREEN FERN FOUNDATION
    EIN:
    46-2692732
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    NOKOTA LCB, LLC (NOKOTA LC, LLC) AT COST 84,800 103,202
    GOLDENTREE SELECT OFFSHORE LTD. AT COST 1,144,021 1,680,033
    HOSEN PRIVATE EQUITY III, L.P. AT COST 255,596 315,870
    ARROWSTREET GLOBAL EQ AT COST 1,875,920 2,865,311
    CEVIAN CAPITAL II LTD. AT COST 2,500,000 3,375,876
    DAVIDSON KEMPNER INSTIT PARTNERS AT COST 1,600,000 2,072,754
    RENAISSANCE INSTITUTIONAL EQUITIES AT COST 1,050,000 1,191,434
    INDABA CAPITAL PARTNERS (CAYMAN) LP AT COST 800,000 1,434,194
    TELEGRAPH HILL PARTNERS IV LP AT COST 605,500 1,563,623
    SUSTAINABLE ASSET FUND II (CAYMAN) AT COST 427,261 583,294
    PALATINE REAL ESTATE FUND III AT COST 519,138 640,345
    RRG GLOBAL PARTNERS FUND LP AT COST 640,099 825,517
    HULL STREET ENERGY PARTNERS I-A, L.P. AT COST 570,048 676,689
    NOKOTA CAPITAL HOLDBACK AT COST 84,784 84,784
    W CAPITAL PARTNERS IV-A AT COST 205,317 670,421
    OBVIOUS VENTURES III, L.P. AT COST 396,000 582,690
    V3 REALTY AT COST 1,400,000 2,014,307
    INCLUSIVE CAP PARTNERS SPRING INTL (PREV NAMED VALUEACT SPRING INTERNATIONAL AT COST 991,192 1,728,503
    OWNERSHIP CAP. GLOBAL EQ AT COST 1,700,000 2,923,628
    HARVEST HOLDBACK AT COST 58,891 58,891
    MAKAIRA INVESTORS AT COST 1,100,000 2,925,727
    VALINOR CAPITAL PARTNERS OFFSHORE AT COST 79,138 83,951
    CANYON BALANCED FUND (CAYMAN) AT COST 844,609 993,423
    VARDE CREDIT PARTNERS OFFSHORE AT COST 916,586 993,761
    TYBOURNE EQUITY (OFFSHORE) FUND AT COST 1,300,000 1,288,614
    HBK MULTI-STRATEGY OFFSHORE FUND LTD AT COST 1,563,331 1,918,498
    KINGSTOWN PARTNERS OFFSHORE LIMITED AT COST 262,904 262,904
    WHALE ROCK FLAGSHIP FUND LTD AT COST 843,220 1,260,191
    GRAHAM GLOBAL INVESTMENT FUND II AT COST 979,477 1,176,735
    MAVERICK LONG LTD. AT COST 1,760,882 2,934,660
    HUDSON BAY INTERNATIONAL FUND LTD AT COST 1,700,000 1,929,410
    SUNRISE CAPITAL IV, LP AT COST 310,578 352,725
    GLOBAL RESEARCH EQ. EXTENDED FUND LP AT COST 2,600,000 3,109,813
    DORSAL CAPITAL PARTNERS, LTD. AT COST 1,200,000 1,248,203
    NITORUM OFFSHORE FUND, LTD AT COST 1,100,000 1,094,691
    GREEN COURT CHINA OPPORTUNITY FUND AT COST 1,300,000 1,354,990
    AETOS CAPITAL OPP FUND CAYMAN LP AT COST 2,000,000 2,774,364
    W CAPITAL PARTNERS V-A AT COST 91,945 91,945
    TELEGRAPH HILL PARTNERS III AT COST 488,948 724,034
    GQG PARTNERS AT COST 1,856,152 2,744,175
    ARTISAN INTL VALUE FUND INC AT COST 2,121,971 3,245,743
    DFA EMERGING MARKETS VALUE AT COST 5,293,298 5,713,729
    GMA CLIMATE CHANGE II AT COST 2,000,000 2,000,000
    ISHARES CORE MSCI EMERGING MKTS ETF AT COST 4,471,489 5,292,342
    LONGLEAF PARTNERS FUND AT COST 1,287,657 1,508,753
    TWEEDY BROWNE GLOBAL VALUE II CCY AT COST 2,729,211 3,193,757
    VANGUARD FTSE DEVELOPED ETF AT COST 217,362 214,963
    VANGUARD S P 500 ETF AT COST 2,334,083 2,381,489
    VANGUARD REAL ESTATE ETF AT COST 1,260,788 1,707,080
    ISHARES CORE U.S. AGGREGATE BOND ETF AT COST 774,858 771,751
    VANGUARD TOTAL BOND MARKET INDEX I AT COST 13,869,653 14,060,396
    FPA CRESCENT PORTFOLIO AT COST 982,097 1,055,835

    TY 2021 LegalFeesSchedule
    Name:
    THE GREEN FERN FOUNDATION
    EIN:
    46-2692732
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 21,868 10,934   10,934


    TY 2021 OtherExpensesSchedule
    Name:
    THE GREEN FERN FOUNDATION
    EIN:
    46-2692732
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER EXPENSES 2,324 1,162   1,162
    MINNESOTA FILING FEE 25 0   25
    INSURANCE 7,189 7,189   0
    OTHER EXPENSES FROM K-1'S 0 629,275   0


    TY 2021 OtherIncomeSchedule2
    Name:
    THE GREEN FERN FOUNDATION
    EIN:
    46-2692732
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    US BANK OTHER INVESTMENT INCOME 72,752 0 72,752
    OTHER INCOME FROM SCH K-1'S   311,123  
    DIVIDENDS FROM FOREIGN CORPORATIONS 0 3,311,120 0
    FOREIGN TAX REFUND 0 279 0


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE GREEN FERN FOUNDATION
    EIN:
    46-2692732
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 100,202 100,202   0
    INVESTMENT ADVISORY FEES 385,982 385,982   0
    ARABELLA ADVISORS 56,000 0   56,000
    ALUMNA LLC 271,619 0   271,619
    PERSHING INVESTMENT EXPENSES 37,863 37,863   0


    TY 2021 TaxesSchedule
    Name:
    THE GREEN FERN FOUNDATION
    EIN:
    46-2692732
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 142,500 0   0
    US BANK FOREIGN TAXES PAID 0 61,579   0
    PERSHING FOREIGN TAXES PAID 4,698 4,698   0