| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BALL ASSOCIATES | 139,922 | 139,922 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| ecoREHAB OF MUNCIE INC |
PO BOX 137 MUNCIE,IN47308 |
2020-11-11 | 50,000 | GENERAL OPERATING SUPPORT & EXPANDED EDUCATION PROGRAMMING | 50,000 | No | 11/2/21 | 2021-11-02 | FINAL REPORT RECEIVED. FUNDS USED AS REQUESTED IN GRANT. ADDITIONAL VERIFICATION CONSIDERED UNNECESSARY. |
| ecoREHAB OF MUNCIE INC |
PO BOX 137 MUNCIE,IN47308 |
2021-10-28 | 10,000 | FISHER GOVERNANCE AWARD TO USE BY ORGANIZATION AS DESIRED | No | N/A | FIRST GRANT REPORT NOT DUE UNTIL 11/30/22. | ||
| ecoREHAB OF MUNCIE INC |
PO BOX 137 MUNCIE,IN47308 |
2021-11-01 | 75,000 | GROWING ITS EDUCATION MISSION | No | N/A | FIRST GRANT REPORT NOT DUE UNTIL 10/30/22. |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| APPLE INC 4.375% 5-13-45 | 273,996 | 346,772 |
| VISA INC 4.15% 12-14-35 CALLABLE | 554,251 | 664,185 |
| BANK OF AMER CORP 5.7% 1-24-22 | 415,912 | 416,166 |
| BOSTON PROPS LP 3.8% 2-1-24 | 317,225 | 324,207 |
| GOLDMAN SACHS GROUP INC 3.75% 5-22-25 | 419,993 | 437,556 |
| ISHARES CORE US AGGREGATE BOND ETF | 219,667 | 212,189 |
| CHUBB INA HLDGS 2.875% 11/3/22 | 302,880 | 304,617 |
| AMAZON.COM INC 2.8% 8/22/24 | 354,080 | 371,586 |
| APPLE INC 3.2% 5/1/27 | 270,000 | 291,181 |
| BP CAP MKTS PLC 3.279% 9/19/27 | 365,345 | 392,112 |
| HOME DEPOT INC 5.4% 9/15/40 | 211,813 | 246,139 |
| JPMORGAN CHASE & CO 4.032% 7/24/48 | 490,000 | 578,416 |
| MEDTRONIC INC 3.5% 3/15/25 | 265,269 | 277,881 |
| NORTHROP GRUMMAN CORP 3.85% 4/15/45 | 314,431 | 373,986 |
| AMERN EXPRESS CO 3.4% 2-27-23 | 300,413 | 313,805 |
| ANHEUSER-BUSCH INBEV FIN 4.9% 2-1-46 | 207,901 | 257,355 |
| BAYER US FIN II LLC 144A 4.375% 12-15-28 | 322,631 | 363,006 |
| CITIGROUP INC FIX-TO-FLOAT 4.044% 6-1-24 | 475,000 | 495,040 |
| COMCAST CORP 4.25% 10-15-30 | 283,521 | 328,910 |
| CONOCOPHILLIPS CO 4.95% 3-15-26 | 458,134 | 496,390 |
| CONSTELLATION BRANDS INC 3.2% 2-15-23 | 547,224 | 561,797 |
| CVS HEALTH CORP 4.3% 3-25-28 | 433,814 | 493,764 |
| GEORGIA PWR CO 4.3% 3-15-42 | 324,409 | 370,009 |
| GOLDMAN SACHS GROUP IN 3.85% 1-26-27 | 396,538 | 440,656 |
| JPMORGAN CHASE & CO 3.125% 1-23-25 | 393,520 | 420,012 |
| MARSH & MCLENNAN COS INC 3.75% 3-14-26 | 420,626 | 455,704 |
| ANTHEM INC 4.65% 1-15-43 | 348,803 | 393,599 |
| AT&T INC 4.35% 3-1-29 | 389,974 | 404,381 |
| BERKSHIRE HATHAWAY FIN 4.25% 1-15-49 | 301,883 | 374,506 |
| CHARLES SCHWAB CORP 2.75% 10-1-29 | 326,781 | 334,426 |
| AMAZON COM INC 3.875% 8-22-37 | 369,546 | 352,599 |
| COCA COLA CO 1.375% 3-15-31 | 444,915 | 419,724 |
| MICROSOFT CORP 3.5% 2-12-35 | 330,817 | 308,353 |
| ROPER TECHNOLOGIES INC 2.95% 9-15-29 | 733,704 | 698,146 |
| MORGAN STANLY 3.622% 4-1-31 | 732,866 | 697,402 |
| INVESCO PFD ETF | 2,195,065 | 2,213,595 |
| MCDONALD'S CORP 3.7% 1-30-26 | 709,169 | 699,322 |
| NVIDIA CORP 3.5% 4-1-50 | 393,534 | 398,989 |
| SALESFORCE.COM INC 2.7% 7-15-41 | 403,808 | 399,488 |
| WALT DISNEY CO 3.8% 5-13-60 | 379,850 | 382,292 |
| BK OF AMER CORP 2.651% 3-11-32 | 696,209 | 678,610 |
| US BANCORP 3.15% 4-27-27 | 705,815 | 701,309 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BALL CORP | 171,718 | 28,881,000 |
| COSTCO WHSL CORP NEW | 127,553 | 1,034,917 |
| JPMORGAN CHASE & CO | 810,780 | 1,058,728 |
| CANADIAN NATL RY CO | 369,419 | 382,217 |
| LVMH MOET HENNESSY LOUIS BUITTON SP ADR | 185,699 | 334,501 |
| DRIEHAUS EMERGING MKTS GROWTH FD | 1,254,906 | 1,880,397 |
| BANK HAWAII CORP | 26,063 | 36,268 |
| CARPENTER TECHNOLOGY CORP | 106,965 | 73,588 |
| CITIGROUP INC | 444,326 | 396,702 |
| EVERCORE PARTNERS INC | 30,279 | 89,118 |
| TENNANT CO | 7,521 | 12,075 |
| HORCE MANN EDUCATORS CORP | 22,257 | 32,508 |
| CVS HEALTH CORP | 495,734 | 632,061 |
| ING GROEP NV SP ADR | 347,030 | 346,970 |
| JULIUS BAER GROUP LTD UNSP ADR | 101,543 | 117,490 |
| CHUBB LTD | 301,651 | 409,237 |
| AON PLC | 77,772 | 126,536 |
| BERKSHIRE HATHAWAY INC CL B | 636,200 | 1,052,480 |
| DEXCOM INC | 431,258 | 1,318,212 |
| ENSTAR GROUP LTD | 173,205 | 284,976 |
| ESTEE LAUDER COS INC CL A | 338,852 | 1,195,746 |
| ALPHABET INC CL C | 455,529 | 1,692,750 |
| INTUITIVE SURGICAL INC | 351,648 | 1,586,669 |
| LABORATORY CORP AMER HLDGS | 139,452 | 375,481 |
| LINCOLN NATL CORP | 127,204 | 145,667 |
| MARATHON PETE CORP | 468,862 | 503,601 |
| MARKEL CORP | 215,354 | 376,370 |
| MICROSOFT CORP | 666,748 | 1,758,281 |
| NCR CORP | 301,586 | 338,042 |
| NIPPON TELEG & TEL CORP SP ADR | 69,928 | 83,457 |
| NXP SEMICONDUCTORS NV | 1,040,021 | 1,855,268 |
| ZIMMER BIOMET HLDGS INC | 232,219 | 231,594 |
| AERCAP HOLDINGS NV | 113,837 | 161,457 |
| AMAZON COM INC | 207,490 | 1,107,001 |
| AMDOCS LTD | 86,804 | 102,381 |
| AXA S.A. SP ADR | 54,099 | 62,921 |
| AXALTA COATING SYSTEMS LTD | 268,864 | 293,211 |
| BANK OF MONTREAL | 107,412 | 165,027 |
| BNP PARIBAS SP ADR | 128,160 | 147,200 |
| CIGNA CORP | 865,985 | 962,609 |
| EBAY INC | 94,678 | 216,125 |
| ENERGIZER HLDGS INC | 69,146 | 65,884 |
| ENPRO INDUSTRIES INC | 20,957 | 32,581 |
| FUJIFILM HLDGS CORP UNSP ADR | 103,007 | 153,779 |
| GENTEX CORP | 230,986 | 404,957 |
| HDFC BK LTD SP ADR | 82,593 | 126,366 |
| IBERDROLA SA SP ADR | 130,547 | 215,030 |
| ICON PLC | 344,392 | 554,673 |
| JACOBS ENGR GROUP INC | 218,806 | 374,389 |
| LYONDELLBASELL INDS NV CL A | 125,354 | 122,020 |
| MAGNA INTL INC CL A | 95,963 | 115,501 |
| MITSUBISHI UFJ FINL GRP SP ADR | 288,164 | 296,948 |
| NETLEASE INC SP ADR | 44,876 | 65,852 |
| ORIX CORP SP ADR | 70,995 | 90,991 |
| SENSATA TECHNOLOGIES HLDG NV | 338,770 | 479,270 |
| SUN LIFE FINL INC | 85,261 | 122,240 |
| TAIWAN SEMICONDUCTOR MFG CO LTD SP ADR | 225,751 | 306,670 |
| ACI WORLDWIDE INC | 82,542 | 95,772 |
| ADOBE SYS INC | 574,639 | 1,074,579 |
| BAIDU INC SP ADR | 110,208 | 83,322 |
| BRIT AMERN TOBACCO SP ADR | 74,389 | 58,135 |
| CANADIAN PAC RAILWAY LTD | 118,998 | 231,215 |
| CBRE GROUP INC | 147,144 | 475,382 |
| CONOCOPHILLIPS | 586,276 | 819,315 |
| CRH PLC SP ADR | 382,567 | 488,400 |
| DBS GROUP HLDGS LTD SP ADR | 97,697 | 149,812 |
| ELECTRICITE DE FRANCE SA UNSP ADR | 84,508 | 81,141 |
| FERROVIAL SA UNSP ADR | 120,447 | 208,477 |
| FIRST INTERSTATE BANCSYSTEM INC CL A | 127,793 | 136,285 |
| FRESHPET INC | 6,937 | 40,204 |
| INFINEON TECHNOLOGIES AG SP ADR | 174,926 | 269,305 |
| INSULET CORP | 54,950 | 129,044 |
| KOMATSU LTD SP ADR | 110,599 | 91,034 |
| MOBILE TELESYSTEMS SP ADR | 92,725 | 80,613 |
| PAYPAL HLDGS INC | 237,427 | 1,033,041 |
| REPSOL YPF SA SP ADR | 151,827 | 133,539 |
| RITCHIE BROS AUCTIONEERS INC | 80,037 | 85,388 |
| ROPER TECHNOLOGIES INC | 358,496 | 907,974 |
| ROYAL DUTCH SHELL PLC SP ADR | 183,061 | 156,370 |
| SBA COMMUNICATIONS CORP | 480,506 | 1,277,931 |
| SILICON LABORATORIES INC | 42,977 | 97,843 |
| SIMPSON MFG CO INC | 27,177 | 58,270 |
| SYNCHRONY FINL | 161,834 | 233,713 |
| TREX CO INC | 56,442 | 157,445 |
| UNITEDHEALTH GROUP INC | 489,393 | 797,398 |
| ALIBABA GROUP HLDG LTD SP ADR | 209,265 | 148,131 |
| ASHTEAD GROUP PLC UNSP ADR | 90,430 | 178,024 |
| BASF SE SP ADR | 106,740 | 85,361 |
| CATCHMARK TIMBER TRUST INC CL A | 72,073 | 51,903 |
| DANONE SP ADR | 67,089 | 50,769 |
| EATON CORP PLC | 298,511 | 570,652 |
| EDWARDS LIFESCIENCES CORP | 628,436 | 1,268,165 |
| EVEREST RE GROUP LTD | 149,322 | 177,500 |
| GLAUKOS CORP | 73,370 | 61,549 |
| INTUIT INC | 378,238 | 1,617,055 |
| ITAU UNIBANCO HLDG SA SP ADR | 97,315 | 60,360 |
| MCKESSON CORP | 486,906 | 739,496 |
| MONRO INC | 98,749 | 111,645 |
| NEOGENOMICS INC | 24,302 | 62,508 |
| PING AN INSURANCE GROUP CO CHINA LTD SP | 89,230 | 53,223 |
| RIO TINTO PLC SP ADR | 123,627 | 141,645 |
| SERBANK RUSSIA SP ADR | 108,433 | 116,981 |
| TENCENT HLDGS LTD UNSP ADR | 170,060 | 213,216 |
| THERMO FISHER SCIENTIFIC INC | 481,434 | 1,534,652 |
| TJX CO INC | 257,884 | 343,310 |
| TOKYO ELECTRON LTD UNSP ADR | 83,470 | 191,090 |
| TRINITY INDS INC | 343,570 | 411,656 |
| ZOETIS INC | 310,926 | 1,315,078 |
| ADIDAS AG SP ADR | 138,634 | 170,604 |
| AIR LEASE CORP | 285,361 | 310,539 |
| ALTRA INDUSTRIAL MOTION CORP | 67,392 | 78,799 |
| AMBARELLA INC | 30,986 | 88,054 |
| AMERN INTL GROUP INC | 195,368 | 173,650 |
| AT&T INC 5.625% PFD 8/1/67 | 224,280 | 244,530 |
| AUTODESK INC | 662,594 | 1,173,406 |
| CARMAX INC | 177,522 | 332,738 |
| CINTAS CORP | 576,965 | 1,172,628 |
| CROWN HLDGS INC | 247,595 | 486,286 |
| DOVER CORP | 129,927 | 225,366 |
| EURONET WORLDWIDE INC | 414,660 | 440,571 |
| INFOSYS LTD SP ADR | 52,241 | 119,413 |
| JEFFERIES FINL GROUP INC | 632,124 | 1,070,104 |
| KEMPER CORP | 101,666 | 98,826 |
| LIVERAMP HLDGS INC | 157,949 | 155,502 |
| LUKOIL PJSC SP ADR | 127,845 | 163,273 |
| OMNICELL INC | 14,749 | 62,793 |
| OWENS CORNING INC | 136,297 | 175,298 |
| PENSKE AUTOMOTIVE GROUP INC | 18,924 | 26,054 |
| PHYSICIANS REALTY TR | 26,136 | 35,024 |
| POWER INTEGRATIONS INC | 56,964 | 126,423 |
| RECRUIT HLDGS CO LTD UNSP ADR | 119,999 | 249,603 |
| SAFRAN SA UNSP ADR | 159,522 | 145,113 |
| SHERWIN WILLIAMS CO | 481,330 | 1,206,500 |
| SLM CORP | 329,831 | 501,074 |
| SPECTRUM BRANDS HLDGS INC | 465,739 | 600,046 |
| UBS GROUP AG | 161,836 | 173,214 |
| UNION PACIFIC CORP | 254,529 | 346,656 |
| ZTO EXPRESS CAYMAN INC SP ADR | 93,676 | 106,700 |
| ABB LTD SP ADR | 189,946 | 267,648 |
| AERIE PHARMACEUTICALS INC | 142,900 | 64,886 |
| ALIGN TECHNOLOGY INC | 71,492 | 115,664 |
| ALPHABET INC CL A | 484,448 | 837,245 |
| AMERISAFE INC | 182,550 | 160,683 |
| APTARGROUP INC | 101,594 | 112,437 |
| AUTOZONE INC | 502,700 | 926,604 |
| AXOGEN INC | 142,360 | 99,687 |
| BROADRIDGE FINL SOLUTIONS INC | 107,065 | 143,697 |
| BROWN-FORMAN CORP CL B | 412,733 | 613,117 |
| CATHAY GENERAL BANCORP | 43,353 | 47,848 |
| CDW CORP | 74,451 | 159,728 |
| COOPER COS INC | 103,891 | 134,899 |
| CORE LABORATORIES N V | 195,528 | 100,930 |
| DOLBY LAB INC CL A | 18,528 | 25,900 |
| DORMAN PRODS INC | 53,841 | 81,819 |
| DUPONT DE NEMOURS INC | 605,152 | 603,507 |
| ENEL SPA UNSP ADR | 95,603 | 96,773 |
| ENERSYS | 59,740 | 64,829 |
| EPAM SYSTEMS INC | 41,871 | 169,118 |
| ERICSSON TEL LM SP ADR | 297,783 | 339,503 |
| FASTENAL CO | 74,635 | 130,362 |
| FIRST HAWAIIAN INC | 48,579 | 49,713 |
| FIVE BELOW INC | 78,131 | 126,824 |
| GRACO INC | 68,016 | 113,997 |
| IDEX CORP | 900,261 | 1,051,860 |
| IDEXX LABS INC | 45,806 | 147,495 |
| INTESA SANPAOLO S.P.A. SP ADR | 194,955 | 198,636 |
| KEYSIGHT TECHNOLOGIES INC | 97,912 | 215,596 |
| KLA CORP | 118,311 | 236,560 |
| KONINKLIJKE AHOLD DELHAIZE NV SP ADR | 76,423 | 97,909 |
| KUEHNE & NAGEL INTL AG UNSP ADR | 120,849 | 215,062 |
| L3HARRIS TECHNOLOGIES INC | 703,565 | 791,760 |
| LAM RESEARCH CORP | 145,268 | 230,128 |
| LAMB WESTON HLDGS INC | 129,474 | 112,373 |
| LENNAR CORP CL A | 112,424 | 167,503 |
| LITTLEFUSE INC | 86,128 | 146,641 |
| MEITUAN DIANPING UNSP ADR | 108,019 | 185,146 |
| MICROCHIP TECHNOLOGY INC | 85,501 | 171,943 |
| MICRON TECHNOLOGY INC | 440,796 | 658,850 |
| MKS INSTRUMENTS INC | 41,250 | 70,191 |
| MOHAWK INDUSTRIES INC | 379,132 | 550,730 |
| MONOLITHIC PWR SYS | 55,116 | 197,825 |
| NEOGEN CORP | 33,591 | 51,677 |
| NINTENDO CO LTD UNSP ADR | 147,314 | 206,450 |
| PARSONS CORP | 187,054 | 176,393 |
| PINNACLE FINL PARTNERS INC | 105,354 | 154,041 |
| POOL CORP | 64,912 | 232,626 |
| SHIONOGI & CO LTD UNSP ADR | 75,768 | 88,530 |
| SIKA AG UNSP ADR | 112,159 | 228,252 |
| SYNOPSYS INC | 56,223 | 193,462 |
| TAKE-TWO INTERACTIVE SOFTWARE INC | 177,822 | 198,869 |
| TECHTRONIC INDS CO SP ADR | 42,234 | 72,361 |
| TRANSUNION | 115,540 | 153,561 |
| TRUIST FINL CORP | 371,227 | 443,106 |
| TYLER TECHNOLOGIES INC | 84,971 | 173,220 |
| VANGUARD MEGA CAP ETF | 3,100,112 | 4,892,809 |
| VANGUARD MEGA CAP VALUE ETF | 7,452,525 | 10,369,658 |
| VEEVA SYSTEMS INC | 1,198,623 | 1,072,761 |
| VEOLIA ENVIRONNEMENT SP ADR | 63,332 | 91,642 |
| VIPSHOP HLDGS LTD SP ADR | 94,265 | 47,300 |
| Z HLDGS CORP UNSP ADR | 127,199 | 223,602 |
| D.R. HORTON INC | 86,006 | 145,757 |
| CHIPOTLE MEXICAN GRILL CL A | 64,532 | 174,825 |
| FLOOR & DECOR HLDGS IN CL A | 98,992 | 148,471 |
| HARLEY DAVIDSON INC | 95,831 | 102,781 |
| HILTON WORLDWIDE HLDGS IN | 131,015 | 234,453 |
| LIBERTY BROADBAND CORP SER C | 281,077 | 334,766 |
| LKQ CORP | 187,651 | 327,704 |
| LULULEMON ATHLETICA INC | 462,540 | 741,015 |
| TAPESTRY INC | 115,191 | 177,544 |
| TRACTOR SUPPLY CO | 124,223 | 209,014 |
| WILLIAMS-SONOMA INC | 133,741 | 119,406 |
| WYNDHAM HOTELS & RESORTS INC | 36,018 | 44,018 |
| CAL-MAINE FOODS INC | 196,978 | 172,004 |
| CALAVO GROWERS INC | 53,911 | 44,011 |
| REYNOLDS CONSUMER PRODS INC | 19,862 | 20,347 |
| CNX RESOURCES CORP | 136,007 | 160,738 |
| AMERIS BANCORP | 21,459 | 35,621 |
| BK OF AMER CORP | 449,162 | 610,002 |
| FIFTH THIRD BANCORP | 126,395 | 274,757 |
| FIRST CITIZENS BANCSHARES INC CL A | 80,309 | 119,497 |
| GOLDMAN SACHS | 323,662 | 459,825 |
| M & T BANK CORP | 332,424 | 436,014 |
| MSCI INC | 109,251 | 147,046 |
| SCHWAB CHARLES CORP | 284,899 | 530,671 |
| SOUTH STATE CORP | 206,408 | 221,344 |
| ZIONS BANCORPORATION NA | 17,759 | 31,454 |
| ABBVIE INC | 350,702 | 435,040 |
| AMERISOURCEBERGEN CORP | 203,441 | 309,235 |
| AVANTOR INC | 290,949 | 452,415 |
| BRUKER CORP | 10,831 | 24,921 |
| CATALENT INC | 93,405 | 151,972 |
| CENTENE CORP | 799,864 | 997,122 |
| JOHNSON & JOHNSON | 991,918 | 1,230,849 |
| REPLIGEN CORP | 92,694 | 156,520 |
| RESMED INC | 137,239 | 182,596 |
| AMERN WOODMARK CORP | 69,755 | 62,266 |
| ASGN INC | 144,000 | 412,896 |
| CATERPILLAR INC | 210,286 | 275,584 |
| COPART INC | 80,841 | 171,331 |
| DEERE & CO | 260,188 | 440,614 |
| EMCOR GROUP INC | 58,753 | 86,116 |
| GENERAC HLDGS INC | 92,053 | 207,985 |
| GENERAL DYNAMICS CORP | 445,440 | 540,354 |
| HEICO CORP | 75,316 | 123,308 |
| HOWMET AEROSPACE INC | 244,524 | 327,563 |
| HUNT JB TRANSPORT SVCS INC | 66,323 | 122,640 |
| MONTROSE ENVIRONMENTAL GROUP INC | 37,882 | 91,734 |
| OTIS WORLDWIDE CORP | 267,588 | 334,088 |
| RBC BEARINGS INC | 93,221 | 96,946 |
| UNITED RENTALS INC | 236,147 | 395,425 |
| ANSYS INC | 132,334 | 157,239 |
| APPLIED MATLS INC | 223,040 | 452,567 |
| CISCO SYS INC | 661,146 | 866,711 |
| COSTAR GROUP INC | 106,263 | 102,502 |
| EVO PAYMENTS INC CL A | 202,814 | 204,211 |
| KNOWLES CORP | 54,446 | 87,189 |
| MASTERCARD INC CL A | 1,041,632 | 1,393,084 |
| NATIONAL INSTRUMENTS CORP | 49,253 | 53,539 |
| PAYCOM SOFTWARE INC | 111,241 | 169,398 |
| PTC INC | 75,417 | 108,550 |
| QORVO INC | 352,911 | 399,420 |
| SERVICENOW INC | 1,526,755 | 1,738,966 |
| SS&C TECHNOLOGIES HLDGS INC | 241,286 | 319,558 |
| VERISIGN INC | 99,319 | 125,895 |
| VONTIER CORP | 11 | 12 |
| ASHLAND GLOBAL HLDGS INC | 48,984 | 88,174 |
| CORTEVA INC | 246,832 | 406,182 |
| NEWMONT GOLDCORP | 168,928 | 193,937 |
| INTERPUBLIC GROUP COS INC | 13,223 | 26,664 |
| MATCH GROUP INC | 961,084 | 1,036,443 |
| T-MOBILE US IN | 296,991 | 268,378 |
| ALLETE INC | 392,358 | 436,517 |
| CENTERPOINT ENERGY INC | 231,741 | 307,652 |
| PORTLAND GENERAL ELECTRIC CO | 239,904 | 296,775 |
| AIR LIQUIDE SA UNSP ADR | 140,453 | 148,202 |
| BILIBILI INC SP ADR | 116,750 | 61,526 |
| CDN NAT RES | 176,406 | 322,748 |
| CHINA MERCHANTS BK CO LTD UNSP ADR | 169,865 | 243,522 |
| COCA-COLA EUROPACIFIC PARTNERS PLC | 291,530 | 350,849 |
| ITOCHU CORP UNSP ADR | 126,070 | 135,703 |
| KONE OYJ CL B UNSP ADR | 99,404 | 95,921 |
| KONINKLIJKE PHILIPS NV NY REG SH | 72,292 | 52,474 |
| LINDE PLC | 147,180 | 238,344 |
| NASPERS LTD N SHS SP ADR | 138,689 | 115,420 |
| NOVARTIS AG SP ADR | 330,354 | 324,689 |
| OPEN TEXT CORP | 110,104 | 120,029 |
| ROCHE HLDG LTD SP ADR | 192,312 | 239,970 |
| SCHLUMBERGER LTD | 252,967 | 318,129 |
| SCHNEIDER ELECTRIC SE UNSP ADR | 118,441 | 214,830 |
| SHOPIFY INC CL A | 846,924 | 1,141,856 |
| SONY GROUP CORP SP ADR | 675,380 | 870,390 |
| STANTEC INC | 61,888 | 111,656 |
| VANGUARD MEGA CAP GROWTH ETF | 2,041,917 | 2,752,322 |
| ADVANCED DRAINAGE SYSTEMS INC | 114,977 | 138,716 |
| CARTER'S INC | 54,941 | 53,950 |
| CHEWY INC | 975,876 | 708,525 |
| DECKERS OUTDOOR CORP | 119,189 | 116,120 |
| KOHLS CORP | 162,389 | 158,690 |
| POLARIS INDS INC | 140,815 | 118,043 |
| PRICESMART INC | 13,153 | 12,439 |
| STEVEN MADDEN LTD | 17,771 | 20,029 |
| TEMPUR SEALY INTL INC | 23,081 | 28,735 |
| CASEYS GEN STORES INC | 20,088 | 19,538 |
| EDGEWELL PERSONAL CARE CO | 49,572 | 55,446 |
| KEURIG DR PEPPER INC | 475,485 | 497,942 |
| US FOODS HLDG CORP | 262,019 | 249,418 |
| VITAL FARMS INC | 186,209 | 168,662 |
| EOG RESOURCES INC | 297,684 | 347,414 |
| HOLLYFRONTIER CORP | 145,740 | 159,245 |
| OVINTIV INC | 104,886 | 122,668 |
| PIONEER NAT RES CO | 308,196 | 453,245 |
| WORLD FUEL SERVICES CORP | 51,314 | 41,478 |
| AMERN FINL GROUP | 32,786 | 35,978 |
| CAPITAL ONE FINL CORP | 428,501 | 496,353 |
| CME GROUP INC | 142,770 | 193,734 |
| LAZARD LTD CL A | 55,300 | 50,960 |
| RADIAN GROUP INC | 367,600 | 330,959 |
| WELLS FARGO & CO | 679,585 | 721,571 |
| WESTERN ALLIANCE BANCORP | 76,830 | 70,511 |
| BRISTOL-MYERS SQUIBB CORP | 397,501 | 370,920 |
| ENCOMPASS HEALTH CORP | 235,355 | 240,092 |
| LANTHEUS HLDGS INC | 74,199 | 130,641 |
| NANOSTRING TECHNOLOGIES INC | 90,521 | 84,418 |
| OWENS & MINOR INC HLDG CO | 111,452 | 117,972 |
| PATTERSON COMPANIES INC | 74,734 | 68,826 |
| VERACYTE INC | 67,686 | 76,426 |
| BARNES GROUP INC | 57,770 | 52,134 |
| FLEETCOR TECH INC | 262,714 | 245,329 |
| HERMAN MILLER INC | 55,823 | 50,202 |
| INGERSOLL RAND INC | 108,028 | 137,723 |
| ITT INC | 30,242 | 32,803 |
| MANPOWER INC | 31,827 | 31,632 |
| MIDDLEBY CORP | 137,943 | 143,832 |
| VERTIV HLDGS CO | 237,454 | 250,874 |
| WABTEC CORP | 229,927 | 262,790 |
| AZENTA INC | 83,185 | 102,079 |
| CADENCE DESIGN SYSTEMS INS | 144,191 | 188,213 |
| COGNIZANT TECH SOLUTIONS CORP | 262,660 | 301,914 |
| COUPA SOFTWARE INC | 731,056 | 511,292 |
| FIDELITY NATL INFORMATION SVCS INC | 667,049 | 562,341 |
| GLOBAL PAYMENTS INC | 773,380 | 656,299 |
| KBR INC | 43,546 | 52,430 |
| LATTICE SEMICONDUCTOR CORP | 51,080 | 74,748 |
| NETAPP INC | 130,423 | 179,840 |
| NORTONLIFELOCK INC | 188,150 | 187,809 |
| PROS HLDGS INC | 94,485 | 89,364 |
| QUALCOMM INC | 525,086 | 674,607 |
| VERRA MOBILITY CORP | 142,874 | 154,485 |
| MINERALS TECHNOLOGIES INC | 53,883 | 46,158 |
| RPM INTL INC | 78,200 | 99,586 |
| ALEXANDER & BALDWIN INC | 8,976 | 11,491 |
| AMERICOLD REALTY TRUST | 30,178 | 32,692 |
| LAMAR ADVERTISING CO | 15,320 | 21,834 |
| ACTIVISION BLIZZARD INC | 267,200 | 221,345 |
| CHARTER COMMUNICATIONS INC | 192,747 | 195,591 |
| COGENT COMMUNICATIONS HLDGS INC | 49,774 | 60,227 |
| ETSY INC | 112,169 | 114,506 |
| IAC/INTERACTIVE CORP | 275,326 | 278,804 |
| META PLATFORMS INC | 435,630 | 472,572 |
| PINTEREST INC CL A | 941,403 | 515,334 |
| SCHOLASTIC CORP | 34,080 | 41,359 |
| DOMINION ENERGY INC | 350,084 | 370,646 |
| ALLEGION PLC | 93,865 | 108,601 |
| ANGLO AMER PLC SP ADR | 83,026 | 81,557 |
| ASSICURAZIONI GENERALI S.P.A. | 81,458 | 87,551 |
| ASTRAZENECA PLC SP ADR | 101,941 | 115,218 |
| BANCO SANTANDER S.A.SP ADR | 124,723 | 103,227 |
| BARCLAYS PLC SP ADR | 112,204 | 115,340 |
| CAPGEMINI UNSP ADR | 133,894 | 187,233 |
| CENOVUS ENERGY INC | 153,438 | 148,342 |
| CHINA LONGYUAN PWR GROUP | 91,734 | 100,613 |
| CITIC SECS CO LTD UNSP ADR | 46,346 | 44,086 |
| COMPAGNIE DE SAINT-GOBAIN UNSP ADR | 85,106 | 85,938 |
| DAIWA HOUSE INDUSTRY CO LTD UNSP ADR | 38,128 | 37,575 |
| DEUTSCHE POST AG SP ADR | 35,903 | 36,521 |
| E.ON SE SP ADR | 159,045 | 187,704 |
| ENDESA SA UNSP ADR | 99,038 | 104,729 |
| EQUINOR ASA SP ADR | 108,610 | 128,227 |
| FUJITSU LTD UNSP ADR | 65,220 | 59,145 |
| GLOBANT SA | 81,055 | 106,162 |
| HELLO GROUP INC SP ADR | 75,808 | 25,270 |
| HITACHI LTD SP ADR | 133,168 | 118,914 |
| HONDA MOTOR CO LTD ADR | 112,853 | 103,387 |
| HORIZON THERAPEUTICS PLC | 107,260 | 121,014 |
| JFROG LTD | 77,465 | 58,390 |
| KANZHUN LTD | 83,981 | 84,131 |
| KB FINL GROUP INC | 113,500 | 109,215 |
| KORNIT DIGITAL LTD | 90,651 | 77,495 |
| NIO INC SP ADR | 104,228 | 80,942 |
| NVENT ELECTRIC PLC | 58,698 | 81,320 |
| OATLY GROUP AB | 61,290 | 59,191 |
| ORANGE SA SP ADR | 124,387 | 124,290 |
| PAN AMERICAN SILVER CORP | 8,313 | 9,588 |
| RENESAS ELECTRONICS CORP UNSP ADR | 124,548 | 130,939 |
| RESTAURANT BRANDS INTL INC | 103,033 | 100,850 |
| SANOFI SP ADR | 441,263 | 428,205 |
| SIEMENS ENERGY AG UNSP ADR | 91,068 | 66,063 |
| TOTAL SE SP ADR | 348,884 | 400,280 |
| VALE SA SP ADR | 122,889 | 96,430 |
| VANTAGE TOWERS AG UNSP ADR | 43,468 | 48,263 |
| XP INC CL A | 26 | 18 |
| LEGGETT & PLATT INC | 53,425 | 51,203 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Buildings | 283,022 | 249,169 | 33,853 | 450,000 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| TIFF PARTNERS IV | AT COST | 7,991 | 11,496 |
| TIFF EQUITY PARTNERS 2005 | AT COST | 194,003 | 127,154 |
| TIFF EQUITY PARTNERS 2006 | AT COST | 135,742 | 57,010 |
| TIFF EQUITY PARTNERS 2007 | AT COST | 119,248 | 348,619 |
| CARDINAL ETHANOL, LLC | AT COST | 727,885 | 900,000 |
| TIFF EQUITY PARTNERS 2008 | AT COST | 199,530 | 287,823 |
| TIFF EQUITY PARTNERS 2009 | AT COST | 76,661 | 34,340 |
| BRANZAN FUND | AT COST | 631,661 | 832,141 |
| TIFF EQUITY PARTNERS 2010 | AT COST | 187,743 | 233,803 |
| TIFF EQUITY PARTNERS 2015 | AT COST | 674,214 | 1,964,154 |
| COMMONFUND GLOBAL PRIVATE EQUITY 2014 | AT COST | 1,692,607 | 3,918,398 |
| TIFF EQUITY PARTNERS 2016 | AT COST | 722,971 | 1,408,701 |
| TIFF EQUITY PARTNERS 2017 | AT COST | 582,319 | 1,099,240 |
| TIFF EQUITY PARTNERS 2018 | AT COST | 748,853 | 1,458,222 |
| COMMONFUND GPE II | AT COST | 1,566,638 | 2,863,055 |
| COMMONFUND VENTURE XII | AT COST | 755,271 | 1,669,974 |
| TIFF EQUITY PARTNERS 2019 | AT COST | 400,157 | 508,214 |
| TIFF EQUITY PARTNERS 2020 | AT COST | 339,778 | 407,532 |
| TIFF EQUITY PARTNERS 2021 | AT COST | 95,007 | 90,700 |
| COMMONFUND GPE PARTNERS III | AT COST | 599,785 | 1,051,727 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 95,951 | 95,784 | 167 | 167 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 44,981 | 44,981 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACTIVITIES & FEES | 5,738 | 5,738 | ||
| ALTERNATIVE INVEST PARTNERS EXPENSES | 618,354 | 618,354 | ||
| ANNUAL REPORT | 4,691 | 4,691 | ||
| AWARDS & RECOGNITIONS | 3,952 | 3,952 | ||
| GRANTS MANAGEMENT SOFTWARE | 9,446 | 9,446 | ||
| INFORMATION TECHNOLOGY SUPPORT | 6,334 | 6,334 | ||
| INSURANCE | 17,769 | 17,769 | ||
| REGISTRATIONS & MEMBERSHIPS | 7,378 | 7,378 | ||
| Rental Expenses | 73,877 | 73,877 | ||
| SUPPLIES & SUNDRY | 15,089 | 15,089 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| BRANZAN ALT INVESTK1 UBTI | 8,851 | ||
| MISCELLANEOUS | 77,564 | 77,564 | |
| NET RENTAL ALT INVESTMENTS | -1,376 | -1,376 | |
| PTSHP K1 CARDINAL ETHANOL | 473,810 | ||
| ROYALTIES ALT INVEST | 18,619 | 18,619 | |
| TIFF & COMMONFD K-1s UBTI | 89,104 | ||
| TIFF & COMMONFUND K-1s | 1,925 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COMMUNICATIONS & BRANDING | 42,464 | 42,464 | 0 | 0 |
| CONSULTING FEES | 21,637 | 11,367 | 0 | 10,270 |
| INVESTMENT FEES | 905,139 | 905,139 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL TAX | 300,000 | |||
| FEDERAL UBIT | 2,000 | |||
| FOREIGN TAX W/H ON DIVIDENDS | 74,316 | 74,316 |