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 CHILDRENS INVESTMENT FUND FOUNDATION
DBA BIG WIN PHILANTHROPY C/O DAY PITNEY
Number and street (or P.O. box number if mail is not delivered to street address)BLUE BACK SQ75 ISHAM RD 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WEST HARTFORD, CT061072237
A Employer identification number

04-3632641
B Telephone number (see instructions)

(202) 827-6374
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$191,518,696J 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 60 60  
4 Dividends and interest from securities... 734,885 734,429  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,121,738
b Gross sales price for all assets on line 6a 22,461,791
7 Capital gain net income (from Part IV, line 2)... 4,121,738
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 -788,368 -777,640  
12 Total. Add lines 1 through 11........ 4,068,315 4,078,587  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 159,152 31,830   127,322
14 Other employee salaries and wages...... 84,881 0   84,881
15 Pension plans, employee benefits....... 16,150 3,230   12,920
16a Legal fees (attach schedule)......... Click to see attachment 18,971 0   18,971
b Accounting fees (attach schedule)....... Click to see attachment 127,825 31,465   96,360
c Other professional fees (attach schedule).... Click to see attachment 2,192,058 0   2,192,058
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 109,683 91,063   18,620
19 Depreciation (attach schedule) and depletion... Click to see attachment 1,898 0  
20 Occupancy.............. 11,888 0   11,888
21 Travel, conferences, and meetings....... 77,838 3,830   74,008
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 612,279 554,466   54,945
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,412,623 715,884   2,691,973
25 Contributions, gifts, grants paid....... 4,873,846 4,873,846
26 Total expenses and disbursements. Add lines 24 and 25 8,286,469 715,884   7,565,819
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -4,218,154
b Net investment income (if negative, enter -0-) 3,362,703
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............. 9,190,243 935,605 935,605
2 Savings and temporary cash investments......... 46,353,665 3,686,768 3,686,768
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)....... 554,010 Click to see attachment7,128,665 7,168,761
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).......... 94,313,599 Click to see attachment135,715,128 179,724,340
14 Land, buildings, and equipment: basis bullet20,951
Less: accumulated depreciation (attach schedule) bullet18,028 1,622 Click to see attachment2,923 2,923
15 Other assets (describe bullet) Click to see attachment299 Click to see attachment299 Click to see attachment299
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 150,413,438 147,469,388 191,518,696
Liabilities 17 Accounts payable and accrued expenses.......... 1,569 7,830
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) Click to see attachment0 Click to see attachment1,247,500
23 Total liabilities (add lines 17 through 22)......... 1,569 1,255,330
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........... 150,411,869 146,214,058
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 150,411,869 146,214,058
30 Total liabilities and net assets/fund balances (see instructions). 150,413,438 147,469,388
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
150,411,869
2
Enter amount from Part I, line 27a .....................
2
-4,218,154
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
20,343
4
Add lines 1, 2, and 3 ..........................
4
146,214,058
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
146,214,058
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/LOSS -PARTNERSHIPS P 2021-01-01 2021-12-31
c DISPOSITION OF CF KILTERN GLOBAL P 2018-01-01 2021-12-31
d DISPOSITION OF CF ARROWSTREET GLOBAL P 2018-08-01 2021-12-31
e DISPOSITION OF CPREF AIV I HOLDINGS P 2018-02-15 2021-12-31
REDEMPTION- CF DOUBLELINE OPPORTUNISTIC INCOME FUND LTD P 2021-03-31 2021-12-31
PARTIAL REDEMPTION- FORT GLOBAL OFFSHORE FUND SPC-CLASS C P 2021-01-01 2021-12-31
PARTIAL REDEMPTION- SOROBAN OPPORTUNITIES- CAYMAN FUND LTD-B P 2021-01-01 2021-07-01
REDEMPTION- COATUE OFFSHORE FUND LTD P 2019-01-01 2021-12-31
PARTIAL REDEMPTION- CF NITORUM OFFSHORE FUND LTD P 2021-01-01 2021-11-21
CAPITAL GAIN/LOSS -PARTNERSHIPS 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 876,287   946,440 -70,153
b 3,529,813     3,529,813
c 4,993,946   4,993,945 1
d 4,527,037   4,527,037 0
e 1,742   1,742 0
1,175,667   1,050,067 125,600
4,250,000   4,280,862 -30,862
1,061,931   683,290 378,641
    1 -1
2,045,368   1,728,191 317,177
    128,478 -128,478
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       -70,153
b       3,529,813
c       1
d       0
e       0
      125,600
      -30,862
      378,641
      -1
      317,177
      -128,478
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 4,121,738
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 46,742
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 46,742
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 347,354
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.............. 7 347,354
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 300,612
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet300,612 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
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)
    bulletCT, NY
    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 addressbulletWWW.BIGWIN.ORG
    14
    The books are in care ofbulletANCHIN BLOCK ANCHIN LLP Telephone no.bullet (212) 840-3456

    Located atbullet1375 BROADWAYNEW YORKNY ZIP+4bullet10018
    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)
    Yes
     
    (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
     
    No
    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
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
    Yes
     
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
    No
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JAMIE COOPER PRESIDENT AND CHAIR
    20.00     		0 0 0
    C/O THE CHILDRENS INVESTMENT FUND
    BLUE BACK SQUARE 75 ISHAM ROAD
    WEST HARTFORD,CT06107
    MARK DYBUL TRUSTEE
    1.00     		0 0 0
    C/O THE CHILDRENS INVESTMENT FUND
    BLUE BACK SQUARE 75 ISHAM ROAD
    WEST HARTFORD,CT06107
    SUPROTIK BASU TRUSTEE
    1.00     		0 0 0
    C/O THE CHILDRENS INVESTMENT FUND
    BLUE BACK SQUARE 75 ISHAM ROAD
    WEST HARTFORD,CT06107
    MALIK DECHAMBENOIT TRUSTEE
    1.00     		0 0 0
    C/O THE CHILDRENS INVESTMENT FUND
    BLUE BACK SQUARE 75 ISHAM ROAD
    WEST HARTFORD,CT06107
    BILL HANEY TRUSTEE
    1.00     		0 0 0
    C/O THE CHILDRENS INVESTMENT FUND
    BLUE BACK SQUARE 75 ISHAM ROAD
    WEST HARTFORD,CT06107
    NIKOS MAKRIS TRUSTEE
    1.00     		0 0 0
    C/O THE CHILDRENS INVESTMENT FUND
    BLUE BACK SQUARE 75 ISHAM ROAD
    WEST HARTFORD,CT06107
    CHRISTOPHER KLATELL COO AND GENERAL COUNSEL
    24.00     		159,152 0 0
    C/O THE CHILDRENS INVESTMENT FUND
    BLUE BACK SQUARE 75 ISHAM ROAD
    WEST HARTFORD,CT06107
    DZINGAI MUTUMBUKA TRUSTEE
    3.00     		0 0 0
    C/O THE CHILDRENS INVESTMENT FUND
    BLUE BACK SQUARE 75 ISHAM ROAD
    WEST HARTFORD,CT06107
    LUISA DIOGO TRUSTEE
    1.00     		0 0 0
    C/O THE CHILDRENS INVESTMENT FUND
    BLUE BACK SQUARE 75 ISHAM ROAD
    WEST HARTFORD,CT06107
    DR KESETE ADMASU CEO
    5.00     		0 0 0
    C/O THE CHILDRENS INVESTMENT FUND
    BLUE BACK SQUARE 75 ISHAM ROAD
    WEST HARTFORD,CT06107
    MICHELLE HARRISON TRUSTEE
    1.00     		0 0 0
    C/O THE CHILDRENS INVESTMENT FUND
    BLUE BACK SQUARE 75 ISHAM ROAD
    WEST HARTFORD,CT06107
    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
    PAIGE SHOLAR PROGRAM ANALYST
    40.00     		84,881 0 0
    C/O THE CHILDRENS INVESTMENT FUND
    BLUE BACK SQ
    WEST HARTFORD,CT06107
    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
    ZENYSIS ETHIOPIA YOUTH EMPLOYMENT 440,739
    2325 3RD ST 213
    SAN FRANCISCO,CA94107
    CAMBRIDGE ASSOCIATES LLC INVESTMENT MANAGEMENT 415,948
    125 HIGH STREET
    BOSTON,MA021102112
    OESD DEVELOPMENT OF PERFORMANCE MGMT DASHBOARD 278,053
    TENSCHERTSTRASSE 7
    VIENNA   1239
    AU
    TRUVVO PARTNERS OCIO SERVICES 173,471
    1407 BROADWAY SUITE 448
    NEW YORK,NY10018
    OKURUFI CONSULT LIMITED BRANDING AND STRATEGIC COMMUNICATIONS FOR GHANA MINISTRY OF EDUCATION 135,505
    PO BOX 272 SPINTEX ROAD
      ACCRA  
    GH
    Total number of others receiving over $50,000 for professional services.............bullet12
    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
    161,692,653
    b
    Average of monthly cash balances.......................
    1b
    22,297,928
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    183,990,581
    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
    183,990,581
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    2,759,859
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    181,230,722
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    9,061,536
    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
    9,061,536
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    46,742
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    1,515
    c
    Add lines 2a and 2b............................
    2c
    48,257
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    9,013,279
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    9,013,279
    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
    9,013,279
    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 9,013,279
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 7,203,391
    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$ 7,565,819
    a Applied to 2020, but not more than line 2a 7,203,391
    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..... 362,428
    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 ..........     		8,650,851
    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
    AMERICAN FRIENDS OF LONDON SCHOOL OF HYGIENE & TROPICAL MEDICINE
    C/O CHAPEL YORK LTD 708 THIRD
    AVENUE 6TH FLOOR SUITE 34
    NEW YORK,NY10017     		NONE PC DISCRETIONARY GRANT 10,000
    AMHARA NATIONAL REGIONAL STATE HEAD OF GOVERNMENT OFFICE
    ADDIS ABABA COORDINATION OFFICE
    ET     		NONE GOV OPERATIONAL COST FOR YOUTH EMPLOYMENT WORK 33,057
    BROWN UNIVERSITY
    121 S MAIN ST
    PROVIDENCE,RI02903     		NONE PC DISCRETIONARY GRANT 10,000
    EDUCATE
    P O BOX 12302
    DENVER,CO80212     		NONE PC DISCRETIONARY GRANT 10,000
    ELTON JOHN AIDS FOUNDATION
    584 BROADWAY STE 906
    NEW YORK,NY10012     		NONE PC DISCRETIONARY GRANT 25,000
    EPHA - ETHIOPIA PUBLIC HEALTH ASSOCIATION
    GABON STREET PO BOX 7117
    ADDIS ABABA    
    ET     		NONE NC TO UNDERTAKE A BASELINE STUDY ON EARLY CHILDHOOD DEVELOPMENT IN ADDIS ABABA. 232,703
    ETHIOPIA FEDERAL MINISTRY OF HEALTH
    FEDERAL DEMOCRATIC REPUBLIC OF
    ETHIOPIA MINISTRY OF HEALTH
    ADDIS ABABA    
    ET     		NONE GOV SEQOTA DECLARATION 579,468
    ETHIOPIAN INVESTMENT COMMISSION
    P O 2313 AIRPORT ROAD KIRKOS
    SUB-CITY
    ADDIS ABABA    
    ET     		NONE GOV FOSTER GROWTH OF PPE SECTOR IN ETHIOPIA 60,651
    ETHIOPIAN JOBS CREATION COMMISSION
    BOLE ROAD 200M BEHIND DH GEDA TOWER
    P O BOX 25534
    ET     		NONE GOV ETHIOPIA YOUTH EMPLOYMENT 77,346
    HARVARD COLLEGE
    677 HUNTINGDON AVENUE
    BOSTON,MA02155     		NONE PC HARVARD MINISTERIAL LEADERSHIP PROGRAM 720,602
    HOPEWELL FUND
    1201 CONNECTICUT AVE NW NO 300
    WASHINGTON,DC20036     		NONE PC AMUJAE INITIATIVE 425,000
    JOHNS HOPKINS UNIVERSITY
    3400 N CHARLES STREET
    BALTIMORE,MD21218     		NONE PC COVID-19 RESEARCH 47,980
    LALIBELA GROUP
    330 MORGAN STREET APT 503
    NEW ORLEANS,LA70114     		NONE NC TO DEVELOP A MONITORING FRAMEWORK FOR EARLY CHILDHOOD DEVELOPMENT IN ADDIS ABABA. 90,000
    LEAD AFRICA
    222 CENTRAL PARK SOUTH 15
    NEW YORK,NY100191408     		NONE PC DISCRETIONARY GRANT 5,000
    LIBERIA - MINISTRY OF EDUCATION
    MINITRY OF EDUCATION 3RD STREET
    SINKOR
    MONROVIA    
    LI     		NONE GOV MINISTRY OF EDUCATION CURRICULUM REFORM 62,500
    MINISTRY OF EDUCATION GHANA
    MINISTRY BRANCH POST OFFICE PO BOX
    M45
    ACCRA    
    GH     		NONE GOV MINISTRY OF EDUCATION CURRICULUM REFORM 802,921
    NEW YORK PUBLIC RADIO
    160 VARICK STREET
    NEW YORK,NY10013     		NONE PC DISCRETIONARY GRANT 10,000
    ORGANIZATION FOR REHABILITATION & DEVELOPMENT IN AMHARA
    KEBELE AD BAHIR DAR
      AMHARA REGIONAL S  
    ET     		NONE NC RESTOCKING PROGRAM FOR CONFLICT AFFECTED COMMUNITIES IN CHINNA AND BOZA KEBELES AT DABAT AND DEBARK WOREDAS OF NORTH GONDAR ZONE 500,109
    P E F ISRAEL ENDOWMENT FUNDS INC
    630 THIRD AVENUE 15TH FLOOR
    NEW YORK,NY10017     		NONE PC TECHNICAL ASSISTANCE FOR SEQOTA PROGRAM 228,000
    PATH
    2201 WESTLAKE AVENUE SUITE 200
    SEATTLE,WA98121     		NONE PC NURTURING CARE IN CONFLICT SETTLINGS IN ETHIOPIA 500,000
    PRESIDENT AND FELLOWS OF HARVARD COLLEGE
    PO BOX 419209
    BOSTON,MA022419209     		NONE PC DISCRETIONARY GRANT 50,000
    RESULTS FOR DEVELOPMENT INSTITUTE INC
    1718 M ST NW 364
    WASHINGTON,DC200364504     		NONE PC ETHIOPIA CHILDHOOD DEVELOPMENT (ECD) - CENTER OF EXCELLENCE 70,767
    ROYAL SHAKESPEARE COMPANY
    P O BOX 1956 RADIO CITY STATION
    NEW YORK,NY10101     		NONE PC DISCRETIONARY GRANT 7,000
    SIGHTSAVERS
    ONE BOSTON PLACE SUITE 2600
    BOSTON,MA02108     		NONE PC SEQOTA DECLARATION 72,784
    STAYING ALIVE FOUNDATION INC
    1515 BROADWAY FLOOR 21
    NEW YORK,NY100364039     		NONE PC DISCRETIONARY GRANT 5,000
    TEACH FOR ALL INC
    25 BROADWAY 12TH FLOOR
    NEW YORK,NY10004     		NONE PC DISCRETIONARY GRANT 10,000
    THE AFRICA CENTER
    ONE MUSEUM MILE AT 110TH ST
    NEW YORK,NY10029     		NONE PC GENERAL PURPOSES 50,000
    THE BROOKINGS INSTITUTION
    1775 MASSACHUSETTS AVE NW
    WASHINGTON,DC20036     		NONE PC DISCRETIONARY GRANT 5,000
    THE CARTER CENTER INC
    453 JOHN LEWIS FREEDOM PARKWAY
    ATLANTA,GA303071496     		NONE PC DISCRETIONARY GRANT 5,000
    THE TRUSTEES OF THE SMITH COLLEGE
    COLLEGE HALL 204 10 ELM STREET
    NORTHAMPTON,MA01063     		NONE PC DISCRETIONARY GRANT 15,000
    THINKPLACE KENYA
    9TH FL UNIT CD FCB MIHRAB BUILDING
    JUNC RING RD PO BOX 66797
    KILMANI,NAIROBI00800
    KE     		NONE NC NAMPULA BASELINE NUTRITION STUDY 2,958
    UNICEF
    THREE UNITED NATIONS PLAZA
    NEW YORK,NY10017     		NONE PC EDUCATIONS OUTCOME FUND 150,000
    Total .................................bullet 3a 4,873,846
    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 ...........     		    14 60  
    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 4,121,738  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME/LOSS FROM PARTNERSHIPS     		    14 -416,107  
    bOTHER INCOME/LOSS     14 -361,533  
    cPARTNERSHIP INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAX 523000 -10,728      
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. -10,728 4,079,043 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,068,315
    (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 CHILDRENS INVESTMENT FUND FOUNDATION
     
    DBA BIG WIN PHILANTHROPY C/O DAY PITNEY
    EIN:
    04-3632641
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING, TAX RETURN PREPARATION & CONSULTING FEES 77,825 31,465   46,360
    AUDIT FEES RELATING TO PREPARATION OF FINANCIAL STATEMENTS & GRANT REVIEW 50,000 0   50,000

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

    TY 2021 DepreciationSchedule
    Name:
    THE CHILDRENS INVESTMENT FUND FOUNDATION
     
    DBA BIG WIN PHILANTHROPY C/O DAY PITNEY
    EIN:
    04-3632641
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LAPTOP 2015-12-01 1,230 1,230 SL 3.000000000000 0 0    
    LAPTOP 2017-02-01 1,444 1,444 SL 3.000000000000 0 0    
    LAPTOP 2018-05-01 1,529 1,529 SL 3.000000000000 0 0    
    TECHSOUP 2019-01-01 1,000 667 SL 3.000000000000 333 0    
    WEBSITE DESIGN 2016-02-01 11,052 11,052 SL 3.000000000000 0 0    
    LAPTOP 2020-07-19 1,497 208 SL 3.000000000000 499 0    
    LAPTOP 2021-01-01 3,199   SL 3.000000000000 1,066 0    

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    TY 2021 ExpenditureResponsibilityStmt
    Name:
    THE CHILDRENS INVESTMENT FUND FOUNDATION
     
    DBA BIG WIN PHILANTHROPY C/O DAY PITNEY
    EIN:
    04-3632641
    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
    THINKPLACE KENYA
          		9TH FL UNIT CD FCB MIHRAB BUILDING
    JUNC RING RD
    KILMANI,NAIROBI00800
    KE     		2020-12-31 36,827 THE PURPOSE OF THE GRANT IS TO SUPPORT THE DEVELOPMENT OF THE NAMPULA BASELINE NUTRITION STUDY AND PROGRAM IN CONNECTION WITH ETHIOPIA'S SEQOTA DECLARATION IN COLLABORATION WITH THE ETHIOPIAN GOVERNMENT. 2,958 NO DIVERSION OF FUNDS BY GRANTEE 4/27/20    
    ORDA ETHIOPIA
          		KEBELE AD BAHIR DAR
      AMHARA REGIONAL S  
    ET     		2021-12-25 500,109 RESTOCKING PROGRAM FOR CONFLICT AFFECTED COMMUNITIES IN CHINNA AND BOZA KEBELES AT DABAT AND DEBARK WOREDAS OF NORTH GONDAR ZONE. 499,739 NO DIVERSION OF FUNDS BY GRANTEE FINAL REPORT RECEIVED 6/6/22    
    EPHA - ETHIOPIA PUBLIC HEALTH ASSOCIATION
          		GABON STREET PO BOX 7117
    ADDIS ABABA    
    ET     		2021-06-17 232,703 TO UNDERTAKE A BASELINE STUDY ON EARLY CHILDHOOD DEVELOPMENT IN ADDIS ABABA. 232,703 NO DIVERSION OF FUNDS BY GRANTEE 12/14/2021    
    LALIBELA GROUP
          		330 MORGAN STREET APT 503
    NEW ORLEANS,LA70114     		2021-12-20 90,000 TO DEVELOP A MONITORING FRAMEWORK FOR EARLY CHILDHOOD DEVELOPMENT IN ADDIS ABABA. 90,000 NO DIVERSION OF FUNDS BY GRANTEE 3/20/2022, 6/21/2022, 9/13/2022    

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE CHILDRENS INVESTMENT FUND FOUNDATION
     
    DBA BIG WIN PHILANTHROPY C/O DAY PITNEY
    EIN:
    04-3632641
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MFC SPDR GOLD TR GOLD SHS 2,331,872 2,412,075
    MFO DOUBLELINE TOTAL RETURN BOND FUND-I 1,796,793 1,768,457
    MFO SANDS CAPITAL GLOBAL GROWTH FUND 3,000,000 2,988,229

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE CHILDRENS INVESTMENT FUND FOUNDATION
     
    DBA BIG WIN PHILANTHROPY C/O DAY PITNEY
    EIN:
    04-3632641
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AACP TAX EXEMPT INVESTORS V L.P AT COST 735,665 893,507
    ABDIEL QUALIFIED OFFSHORE PRTNR AT COST 3,259,390 8,830,778
    ADVENT LATIN AMERICAN PRIVATE EQUITY FUND VII-C AT COST 40,491 57,643
    ARROWSTREET CAPITAL GLOBAL EQUITY LONG/SHORT FUND LTD AT COST 4,500,000 5,804,508
    ASIA ALTERNATIVES DELAWARE V LP AT COST 61,570 70,544
    BIOMATICS CAPITAL PARTNERS LP AT COST 243,848 340,418
    BIOPHARMA CREDIT INVESTMENTS V LP AT COST 156,170 156,170
    CA RESOURCES FUND (U.S. TAX-EXEMPT), L.P. - SERIES ADVENT INT'L GPE IX AT COST 587,287 1,470,783
    CA RESOURCES FUND (U.S. TAX-EXEMPT), L.P. - SERIES KPS SPECIAL SITUATIONS FD AT COST 337,236 335,830
    CAPITAL TODAY EVERGREEN FUND LP AT COST 1,606,659 3,374,574
    CASTLELAKE INCOME OPPORTUNITIES II L.P. AT COST 97,597 98,289
    CENTERBRIDGE PARTNERS RE FND LP AT COST 772,413 1,140,266
    CF GOBI INVESTMENT FUND LTD AT COST 4,000,000 5,613,749
    CF RA CAPITAL HEALTHCARE INTL FD LTD AT COST 3,000,000 2,247,825
    CF RTW INNOVATION OFFSHORE FD LTD AT COST 3,000,000 2,733,928
    CF SRS PARTNERS LTD CL B AT COST 3,500,000 5,300,106
    CF STC-CTF DURABLE COMPANIES AT COST 3,006,662 3,479,276
    DIAMETER OFFSHORE FUND L.P AT COST 4,000,000 6,356,275
    ECLIPSE FUND III, LP AT COST 586,893 1,231,580
    ECLIPSE FUND IV, LP AT COST 150,400 154,102
    ELLIOT INTERNATIONAL LTD AT COST 3,215,500 3,353,370
    FARALLON EQTY PARTNERS INTL LTD AT COST 3,000,000 6,276,387
    FORT GLOBAL OFFSHORE FUNDS AT COST 166,200 185,441
    FORTRESS CREDIT OPPORTUNITIES FUND V (B) LP AT COST 973,330 1,127,901
    FORTRESS CREDIT OPPORTUNITIES FUND V EXPANSION (B) LP AT COST 141,338 138,070
    HILLHOUSE FOCUSED GROWTH FUND V FEEDER, LP AT COST 74,983 84,689
    HILLHOUSE FUND IV FEEDER, LP AT COST 1,046,703 1,312,331
    HILLHOUSE FUND V FEEDER LP AT COST 29,835 37,263
    HILLHOUSE VENTURE FUND V FEEDER, LP AT COST 212,229 231,847
    HIMALAYA CAP. INVESTORS (OFF) LP AT COST 5,000,000 7,349,117
    HOLLYPORT SECONDARY FUND LP AT COST 312,500 643,642
    INSOLVE GLOBAL CREDIT FEEDER FUND V AIV, L.P AT COST 3,734 0
    INSOLVE GLOBAL CREDIT FEEDER FUND V, LP AT COST 321,130 312,957
    ISAM SYSTEMATIC TREND SPV LTD AT COST 1,808,543 2,693,493
    JGB MANAGEMENT, INC AT COST 292,369 293,141
    LAKEWOOD CAP. OFFSHORE FUND LTD AT COST 5,492,529 7,109,449
    LIFTBRIDGE COMMERCIAL OFFSHORE FUND 2, LTD AT COST 126,695 124,182
    MANGROVE PARTNERS FUND (CAYMAN) AT COST 5,000,000 6,721,697
    NITORUM OFFSHORE FUND LTD AT COST 2,019,808 2,426,669
    OVERLOOK PARTNERS FUND LP AT COST 4,213,641 5,242,827
    RENAISSANCE INST EQTY FUND LLC AT COST 3,110,678 4,699,256
    SECTION 32 FUND 3, LP AT COST 283,621 292,892
    SECTION 32 FUND 4, LP AT COST 173,747 178,112
    SOROBAN OPPTYS CAYMAN FUN LTD AT COST 3,254,210 5,237,411
    SUSTAINABLE ASSET FUND II LP AT COST 547,208 583,294
    SUSTAINABLE ASSET FUND III (US FEEDER), LP AT COST 31,211 36,011
    THE ENGINE ACCELERATOR FUND L.P AT COST 724,380 1,920,140
    THE ENGINE FOLLOW-ON FUND I, L.P. AT COST 56,138 56,250
    THE ENGINE FUND II, LP AT COST 51,561 53,729
    TIGER GLOBAL LONG OPPRTY LTD AT COST 3,467,793 7,750,800
    TIGER GLOBAL PRIV. INVSTMNT XI LP AT COST 1,964,619 4,609,764
    TIGER GLOBAL PRIV. INVSTMNT XII LP AT COST 863,821 2,245,581
    TIGER GLOBAL PRIVATE INVESTMENT PARTNERS XIV LP AT COST 971,527 0
    TIGER GLOBAL PRIVATE INVESTMENT PARTNERS XV FEEDER LP AT COST 247,500 0
    TPG PUBLIC EQUITY PARTNERS LP AT COST 3,500,000 3,635,478
    TRUVVO EMERGING MARKET EQUITY LP AT COST 1,402,788 1,416,319
    TRUVVO HEDGE STRATEGIES OFFSHORE LP AT COST 17,955,000 18,983,073
    TRUVVO INTERNATIONAL DEVELOPED EQUITY LP AT COST 6,110,497 6,200,473
    TRUVVO PRIVATE ASSETS LP AT COST 2,256,814 2,370,880
    TRUVVO US EQUITY LP AT COST 7,535,304 8,005,491
    VENBIO GLOBAL STRATEGIC FUND IV, L.P. AT COST 34,813 32,576
    VERSANT VENTURE CAPITAL LP AT COST 996,371 1,572,047
    VOR OPPORTUNITIES FUND LTD SER E AT COST 4,000,000 4,361,928
    WHITESPRUCE FUND LTD SHARE CL A SER AT COST 4,000,000 4,975,265
    WNDRCO, LLC AT COST 891,988 277,380
    XIANG HE FUND II, LP AT COST 690,191 761,711
    YIHENG CAP. OFFSHORE PRTNRS LTD AT COST 3,500,000 4,113,855

    TY 2021 LandEtcSchedule2
    Name:
    THE CHILDRENS INVESTMENT FUND FOUNDATION
     
    DBA BIG WIN PHILANTHROPY C/O DAY PITNEY
    EIN:
    04-3632641
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAPTOP 1,230 1,230 0  
    LAPTOP 1,444 1,444 0  
    LAPTOP 1,529 1,529 0  
    TECHSOUP 1,000 1,000 0  
    WEBSITE DESIGN 11,052 11,052 0  
    LAPTOP 1,497 707 790  
    LAPTOP 3,199 1,066 2,133  


    TY 2021 LegalFeesSchedule
    Name:
    THE CHILDRENS INVESTMENT FUND FOUNDATION
     
    DBA BIG WIN PHILANTHROPY C/O DAY PITNEY
    EIN:
    04-3632641
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES IN CONNECTION WITH FOUNDATION MATTERS 18,971 0   18,971


    TY 2021 OtherAssetsSchedule
    Name:
    THE CHILDRENS INVESTMENT FUND FOUNDATION
     
    DBA BIG WIN PHILANTHROPY C/O DAY PITNEY
    EIN:
    04-3632641
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SECURITY DEPOSIT 299 299 299


    TY 2021 OtherExpensesSchedule
    Name:
    THE CHILDRENS INVESTMENT FUND FOUNDATION
     
    DBA BIG WIN PHILANTHROPY C/O DAY PITNEY
    EIN:
    04-3632641
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL FEES 4,818 0   4,818
    OFFICE EXPENSE 46,573 0   46,573
    INVESTMENT MANAGEMENT FEES 546,433 546,433   0
    BANK CHARGES 6,896 6,896   0
    NON-DEDUCTIBLE EXPENSES 2,868 0   0
    IT SUPPORT 1,964 0   1,964
    MISC. EXPENSES 1,590 0   1,590
    OTHER FEES 1,137 1,137   0


    TY 2021 OtherIncomeSchedule2
    Name:
    THE CHILDRENS INVESTMENT FUND FOUNDATION
     
    DBA BIG WIN PHILANTHROPY C/O DAY PITNEY
    EIN:
    04-3632641
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME/LOSS FROM PARTNERSHIPS -416,107 -416,107 -416,107
    OTHER INCOME/LOSS -361,533 -361,533 -361,533
    PARTNERSHIP INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAX -10,728   -10,728


    TY 2021 OtherIncreasesSchedule
    Name:
    THE CHILDRENS INVESTMENT FUND FOUNDATION
     
    DBA BIG WIN PHILANTHROPY C/O DAY PITNEY
    EIN:
    04-3632641
    Description Amount
    PRIOR PERIOD ADJUSTMENT 20,343


    TY 2021 OtherLiabilitiesSchedule
    Name:
    THE CHILDRENS INVESTMENT FUND FOUNDATION
     
    DBA BIG WIN PHILANTHROPY C/O DAY PITNEY
    EIN:
    04-3632641
    Description Beginning of Year - Book Value End of Year - Book Value
    SUBSCRIPTIONS PAYABLE 0 1,247,500


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE CHILDRENS INVESTMENT FUND FOUNDATION
     
    DBA BIG WIN PHILANTHROPY C/O DAY PITNEY
    EIN:
    04-3632641
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OUTSIDE CONTRACT SERVICES 1,473,266 0   1,473,266
    PROGRAM CONSULTING/TECHNICAL ADVICE 718,792 0   718,792


    TY 2021 TaxesSchedule
    Name:
    THE CHILDRENS INVESTMENT FUND FOUNDATION
     
    DBA BIG WIN PHILANTHROPY C/O DAY PITNEY
    EIN:
    04-3632641
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 18,620 0   18,620
    FOREIGN TAXES PAID 91,063 91,063   0