| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AUDIT AND TAX PREPARATION | 18,000 | 8,100 | 9,900 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
|
ACCESS VENTURES INC |
PO BOX 4572 LOUISVILLE,KY40204 |
2021-06-15 | 150,000 | THE GRANT IS PURSUANT TO THE ELEVATE VENTURES PARTNERSHIP AGREEMENT, WHEREBY ACCESS VENTURES, INC. COMMITS TO MAKE A SERIES OF CAPITAL CONTRIBUTIONS IN THE AGGREGATE AMOUNT OF $350,000 TO ELEVATE VENTURES, INC., AND ELEVATE VENTURES, INC. AGREES TO DESIGNATE AN AGGREGATE AMOUNT UP TO $500,000 TO PROVIDE INVESTMENT CAPITAL SUPPORT TO STARTUP AND EARLY-STAGE PRIVATE COMPANIES IN THE REGION. THIS PARTNERSHIP WAS INITIALLY BETWEEN ENDEAVOR EDGE, INC. AND ELEVATE VENTURES, INC. UNTIL THE DISSOLUTION OF ENDEAVOR EDGE, INC. DURING 2021. THE PARTNERSHIP AGREEMENT WAS ASSIGNED TO ACCESS VENTURES, INC. | 150,000 | NO DIVERSION, TO THE KNOWLEDGE OF THE GRANTOR. | 12/31/21 | THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE. |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| FIDELITY INVESTMENTS ACCOUNT - DETAIL MAINTAINED | FMV | 42,170,452 | 42,170,452 |
| TNG PHARMACEUTICALS | FMV | 250,000 | 250,000 |
| FALCON STRATEGIC PARTNERS IV, LP | FMV | 1,165,961 | 1,165,961 |
| VIA ENERGY FUND III, LP | FMV | 1,414,348 | 1,414,348 |
| WCP REAL ESTATE FUND IV, LP | FMV | 711,966 | 711,966 |
| FEG PRIVATE OPPORTUNITIES FUND II, LP | FMV | 5,519,206 | 5,519,206 |
| FIDELITY INVESTMENTS ACCOUNT - DETAIL MAINTAINED | FMV | 4,537,236 | 4,537,236 |
| FEG POF III FUND | FMV | 5,363,350 | 5,363,350 |
| FIDELITY INVESTMENTS ACCOUNT - DETAIL MAINTAINED | FMV | 4,782,091 | 4,782,091 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE AND EQUIPMENT | 161,657 | 97,327 | 64,330 | 64,330 |
| LEASEHOLD IMPROVEMENTS | 7,861 | 1,791 | 6,070 | 6,070 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 12,939 | 5,823 | 7,116 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| COINS & JEWELRY | 13,438 | 13,438 | 13,438 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSE | 35,914 | 8,978 | 26,935 | |
| INSURANCE | 7,017 | 1,754 | 5,263 | |
| DUES AND SUBSCRIPTIONS | 14,702 | 3,675 | 11,027 | |
| COMPUTERS AND WEBSITE | 13,789 | 3,447 | 10,342 | |
| SPONSORSHIPS | 22,450 | 0 | 22,450 | |
| ADVERTISING | 11,203 | 0 | 11,203 | |
| FALCON STRATEGIC PARTNERS - DEDUCTIONS FROM K-1 | 0 | 11,130 | 0 | |
| FEG PRIVATE OPPORTUNITIES FUND II - DEDUCTIONS FROM K-1 | 0 | 64,981 | 0 | |
| VIA ENERGY III - DEDUCTIONS FROM K-1 | 0 | 45,977 | 0 | |
| WCP REAL ESTATE FUND IV - DEDUCTIONS FROM K-1 | 0 | 1,651 | 0 | |
| REPAIRS & MAINTENANCE | 10,721 | 2,680 | 8,041 | |
| FEG PRIVATE OPPORTUNITIES FUND III - DEDUCTIONS FROM K-1 | 0 | 130,992 | 0 | |
| FEG SELECT - DEDUCTIONS FROM K-1 | 0 | 8,722 | 0 | |
| BANK FEES | 10 | 5 | 5 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| SEQUEL FUND OF KENTUCKIANA K-1 | 1,898 | ||
| FEG PRIVATE OPPORTUNITIES FUND II K-1 | 42,520 | ||
| WCP REAL ESTATE FUND IV K-1 | -25,156 | ||
| VIA ENERGY III K-1 | 50,580 | ||
| HIGHCLERE INTL INVESTORS EMER MKTS SMID FUND K-1 | 9,792 | ||
| FEG PRIVATE OPPORTUNITIES FUND III K-1 | 61,374 | ||
| FEG SELECT K-1 | 5,532 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS | 6,572,185 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FIDELITY BROKERAGE SERVICES | 56,134 | 28,068 | 28,066 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 18,297 | 4,574 | 13,723 | |
| FEDERAL AND STATE TAXES | 2,779 | 0 | 0 | |
| FOREIGN TAXES | 0 | 9,244 | 0 |