Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
Name of foundation
THORNBURG FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2300 N RIDGETOP RD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SANTA FE, NM87506
A Employer identification number

85-0457010
B Telephone number (see instructions)

(505) 467-7853
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$146,985,101J 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) 10,000,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 1,005 1,005  
4 Dividends and interest from securities... 2,274,917 2,274,917  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 360,812
b Gross sales price for all assets on line 6a 4,203,622
7 Capital gain net income (from Part IV, line 2)... 360,812
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
List of Attached Documents:
// Content
-7 922,378  
12 Total. Add lines 1 through 11........ 12,636,727 3,559,112  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 236,250 0   212,625
14 Other employee salaries and wages...... 537,314 0   466,630
15 Pension plans, employee benefits....... 160,132 0   141,268
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
4,504 0   3,939
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
22,685 0   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
216,739 0   207,442
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
50,000 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
5,976 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 44,550 0   42,395
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
143,998 86,383   30,961
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,422,148 86,383   1,105,260
25 Contributions, gifts, grants paid....... 6,202,547 6,202,547
26 Total expenses and disbursements. Add lines 24 and 25 7,624,695 86,383   7,307,807
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 5,012,032
b Net investment income (if negative, enter -0-) 3,472,729
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
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............. 2,506    
2 Savings and temporary cash investments......... 6,525,557 11,370,655 11,370,655
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........   11,603 11,603
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 130,069,494 Click to see attachment
List of Attached Documents:
// Content
130,238,389 		135,589,821
14 Land, buildings, and equipment: basis right arrow27,617
Less: accumulated depreciation (attach schedule) right arrow15,595 6,076 Click to see attachment
List of Attached Documents:
// Content
12,022 		12,022
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
7,250 		Click to see attachment
List of Attached Documents:
// Content
1,000 		Click to see attachment
List of Attached Documents:
// Content
1,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 136,610,883 141,633,669 146,985,101
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
243 		Click to see attachment
List of Attached Documents:
// Content
10,997
23 Total liabilities (add lines 17 through 22)......... 243 10,997
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
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 136,610,640 141,622,672
29 Total net assets or fund balances (see instructions)..... 136,610,640 141,622,672
30 Total liabilities and net assets/fund balances (see instructions). 136,610,883 141,633,669
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
136,610,640
2
Enter amount from Part I, line 27a .....................
2
5,012,032
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
141,622,672
5
Decreases not included in line 2 (itemize) right arrow
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
141,622,672
Form 990-PF (2022)
Form 990-PF (2022)
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 TIM LTD TERM US GOVT P 2020-01-01 2022-03-08
b TIM LTD TERM US GOVT P 2020-01-01 2022-04-18
c TIM LTD TERM US GOVT P 2020-01-01 2022-05-31
d TIM LTD TERM US GOVT P 2020-01-01 2022-06-07
e TIM LTD TERM US GOVT P 2020-01-01 2022-07-19
CAPITAL GAINS DIVIDENDS P    
(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 2,000,000   2,080,787 -80,787
b 500,000   539,747 -39,747
c 250,000   269,433 -19,433
d 650,000   707,552 -57,552
e 225,000   245,291 -20,291
578,622     578,622
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       -80,787
b       -39,747
c       -19,433
d       -57,552
e       -20,291
      578,622
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 2 360,812
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 (2022)
Form 990-PF (2022)
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 right arrow 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) 1 48,271
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 48,271
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 48,271
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 40,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 60,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 11,729
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow11,729 Refundedright arrow 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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowNM
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 2022 or the taxable year beginning in 2022? 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 (2022)
Form 990-PF (2022)
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 addressright arrowWWW.THORNBURGFOUNDATION.ORG
14
The books are in care ofright arrowALLAN OLIVER Telephone no.right arrow (505) 467-7919

Located atright arrow2300 N RIDGETOP RDSANTA FENM ZIP+4right arrow87506
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, 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 right arrow
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
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2022? .............
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 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2022 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 2022.) .....................
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 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
GARRETT THORNBURG PRESIDENT
3.00 		0 0 0
2300 N RIDGETOP RD
SANTA FE,NM87506
LLOYD THORNBURG DIRECTOR
1.00 		0 0 0
2300 N RIDGETOP RD
SANTA FE,NM87506
ELLIOT THORNBURG DIRECTOR
1.00 		0 0 0
2300 N RIDGETOP RD
SANTA FE,NM87506
ALON KASHA DIRECTOR
1.00 		0 0 0
2300 N RIDGETOP RD
SANTA FE,NM87506
ALLAN OLIVER EXECUTIVE DIRECTOR
40.00 		236,250 14,692 0
2300 N RIDGETOP RD
SANTA FE,NM87506
FRED NATHAN DIRECTOR/SECRETARY
1.00 		0 0 0
2300 N RIDGETOP RD
SANTA FE,NM87506
BRIAN BOYD DIRECTOR
1.00 		0 0 0
2300 N RIDGETOP RD
SANTA FE,NM87506
BLAIR NAYLOR DIRECTOR/VICE PRESIDENT
1.00 		0 0 0
2300 N RIDGETOP RD
SANTA FE,NM87506
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
PATRICK MCCARTHY POLICY OFFICER
40.00 		132,750 31,612 0
2300 N RIDGETOP RD
SANTA FE,NM87506
STEVEN M WEINBERG II POLICY OFFICER
40.00 		142,067 12,222 0
2300 N RIDGETOP RD
SANTA FE,NM87506
DAVE NEZZIE POLICY OFFICER
40.00 		97,504 20,376 0
2300 N RIDGETOP RD
SANTA FE,NM87506
LESLIE GARCIA ADMIN DIRECTOR
40.00 		94,247 19,512 0
2300 N RIDGETOP RD
SANTA FE,NM87506
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2022)
Form 990-PF (2022)
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 LLC INVESTMENT ADVISORY 86,383
PO BOX 412015
BOSTON,MA02241
GOLDEN APPLE CONSULTING LLC CONSULTING - FOOD & AG 54,935
207 W CLINTON ST APT 2
ITHACA,NY14850
Total number of others receiving over $50,000 for professional services.............right arrow0
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.........................right arrow0
Form 990-PF (2022)
Form 990-PF (2022)
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
105,397,501
b
Average of monthly cash balances.......................
1b
2,249,448
c
Fair market value of all other assets (see instructions)................
1c
36,784,368
d
Total (add lines 1a, b, and c).........................
1d
144,431,317
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
144,431,317
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,166,470
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
142,264,847
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
7,113,242
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
7,113,242
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
48,271
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
48,271
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
7,064,971
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
7,064,971
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
7,064,971
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
7,307,807
b
Program-related investments—total from Part VIII-B..................
1b
0
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
7,307,807
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7 7,064,971
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 2,634,748
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017......  
b From 2018......  
c From 2019......  
d From 2020......  
e From 2021......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 7,307,807
a Applied to 2021, but not more than line 2a 2,634,748
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 2022 distributable amount..... 4,673,059
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2022. 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 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		2,391,912
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 2017 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2018....  
b Excess from 2019....  
c Excess from 2020....  
d Excess from 2021....  
e Excess from 2022....  
Form 990-PF (2022)
Form 990-PF (2022)
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 2022, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
         
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).)
GARRETT THORNBURG
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 right arrow
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 (2022)
Form 990-PF (2022)
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

AGRI-CULTURA COOPERATIVE NETWORK

318 ISLETA BLVD SW SUITE 202
ALBUQUERQUE,NM87105 		NONE PC POWER OF PROCUREMENT POLICY ADVOCACY 30,000

ALBUQUERQUE COMMUNITY FOUNDATION

PO BOX 25266
ALBUQUERQUE,NM87125 		NONE PC GREAT GRANT GIVEAWAY - NM STUDENT SUCCESS COALITION 5,000

AMERICAN CIVIL LIBERTIES UNION

PO BOX 566
ALBUQUERQUE,NM87103 		NONE PC LAST GRANT INSTALLMENT FOR POLICE ACCOUNTABILITY STRATEGIST AND GENERAL OPERATING SUPPORT 75,000

AMERICAN RIVERS INC

1101 14TH STREET NW SUITE 1400
WASHINGTON,DC20005 		NONE PC BUILDING A NM TEAM TO INCREASE AQUATIC CONNECTIVITY 50,000

APS EDUCATION FOUNDATION

PO BOX 25704
ALBUQUERQUE,NM87125 		NONE PC STRATEGIC PLAN FOR ABQ PUBLIC SCHOOLS 50,000

AUDUBON SOUTHWEST

PO BOX 9314
SANTA FE,NM875049314 		NONE PC BUILDING A RESILIENT WATER FUTURE FOR NEW MEXICO 100,000

BANK STREET COLLEGE OF EDUCATION (PREPARED TO TEACH)

610 WEST 112TH STREET
NEW YORK,NY10025 		NONE PC SUPPORTING THE DEVELOPMENT OF QUALITY TEACHER RESIDENCY PARTNERSHIPS ACROSS NM 175,000

BIG BROTHERS BIG SISTERS MOUNTAIN REGION

1229 S ST FRANCIS DR STE C
SANTA FE,NM87505 		NONE PC OPERATING SUPPORT 10,000

CAMPAIGN LEGAL CENTER

1411 K ST NW STE 1400
WASHINGTON,DC200053404 		NONE PC NEW MEXICO DEMOCRACY REFORM SUPPORT 25,000

CAREER GUIDANCE INSTITUTE

400 TIJERAS AVE NW STE 100
ALBUQUERQUE,NM87102 		NONE PC LEADERSHIP MATTERS: PREPARING PRINCIPALS TO GET RESULTS FOR STUDENTS AND SCHOOLS 80,000

CAREER GUIDANCE INSTITUTE

400 TIJERAS AVE NW STE 100
ALBUQUERQUE,NM87102 		NONE PC IMPROVING SCHOOL LEADERSHIP IN NEW MEXICO - PHASE II AND III 20,000

CASA FIRST JUDICIAL DISTRICT

466 W SAN FRANCISCO ST
SANTA FE,NM875013012 		NONE GOV OPERATING SUPPORT 5,000

CATALYST EDUCATION INC

839 WEBSTER ST
NEW ORLEANS,LA70118 		NONE PC SUPPORTING NM PED'S STRATEGIC PRIORITIES 80,000

CENTER OF SOUTHWEST CULTURE

505 MARQUETTE AVE NW STE 1610
ALBUQUERQUE,NM871022158 		NONE PC CODECE NEXT STEP: SUPPORTING INDIGENOUS & MEXICANO CHICANO FARMERS 20,000

CENTRAL NEW MEXICO COMMUNITY COLLEGE FOUNDATION INC

525 BUENA VISTA DRIVE SE
ALBUQUERQUE,NM871063232 		NONE PC IMPLEMENT ACCELERATED ASSOCIATE DEGREE COHORTS FOR EARLY CHILDHOOD AND K-12 TEACHER EDUCATION PROG 130,606

CHAMA PEAK LAND ALLIANCE

PO BOX 1544
SANTA FE,NM87504 		NONE PC OPERATING SUPPORT 50,000

CITY OF ALBUQUERQUE CITY CLERKS OFFICE

600 2ND NW
ALBUQUERQUE,NM87103 		NONE GOV PUBLIC FINANCING ADMINSTRATORS CONVENING 50,000

CLAREMONT MCKENNA COLLEGE

400 N CLAREMONT BLVD
CLAREMONT,CA917119845 		NONE PC OPERATING SUPPORT 25,000

CLIMATE CHANGE LEADERSHIP INSTITUTE

911 STAGECOACH RD
SANTA FE,NM875011160 		NONE PC ADVANCING HEALTHY SOIL AND REGENERATIVE AGRICULTURE IN NM 35,000

COMMON CAUSE OF NEW MEXICO

805 15TH ST NW STE 800
WASHINGTON,DC200052207 		NONE PC OPERATING SUPPORT 50,000

COMMON CAUSE OF NEW MEXICO

805 15TH ST NW STE 800
WASHINGTON,DC200052207 		NONE PC THE NEW MEXICO PLEDGE FOR GOOD GOVERNMENT 250,000

COMMON CAUSE OF NEW MEXICO

805 15TH ST NW STE 800
WASHINGTON,DC200052207 		NONE PC RESEARCH AND CONVENING FOR MODERNIZING THE NM LEGISLATURE PROJECT 50,000

COMMUNITIES IN SCHOOLS OF NM AT SANTA FE

PO BOX 367
SANTA FE,NM875040367 		NONE PC OPERATING SUPPORT 20,000

CONNECTED THE NATIONAL CENTER FOR COLLEGE AND CAREER

2150 SHATTUCK AVENUE SUITE 700
BERKELEY,CA94704 		NONE PC BRINGING COLLEGE AND CAREER PATHWAYS TO RURAL NM 80,000

COVENANT PATHWAYS

PO BOX 455
VANDERWAGEN,NM873260455 		NONE PC GROWING HEALTHY SOIL AND FOOD PATHWAYS 20,000

EARTH ISLAND INSTITUTE

2150 ALLSTON WAY SUITE 460
BERKELEY,CA94704 		NONE PC CASTANEA FELLOWSHIP SOLIDARITY IMMERSION IN ALBQUERQUE, NM 5,000

ELECTION REFORMERS NETWORK

7600 WISCONSIN AVENUE SUITE 1010
BETHESDA,MD20184 		NONE PC SUPPORTING KEY NM ACTIVITIES: REDISTRICTING AND ETHICS WORKING GROUP 110,000

ESPERANZA SHELTER SUPPORT CENTER

3130 RUFINA ST
SANTA FE,NM875072933 		NONE PC SHELTER PARTY 10,000

ESPERANZA SHELTER SUPPORT CENTER

3130 RUFINA ST
SANTA FE,NM875072933 		NONE PC OPERATING SUPPORT 20,000

FARM TO TABLE

518 OLD SANTA FE TRAIL STE 1
SANTA FE,NM875050398 		NONE PC ADVANCING NM FOOD & AGRICULTURE INITIATIVES & ADVOCACY COORDINATION 30,000

FCCP CO NEO PHILANTHROPY

45 WEST 36TH STREET 6TH FLOOR
NEW YORK,NY10018 		NONE PC MEMBERSHIP DUES 3,000

FII- NATIONAL

663 13TH STREET SUITE 200
OAKLAND,CA946121275 		NONE PC OPERATING SUPPORT 25,000

FILM PRIZE JR NM

PO BOX 2301
RANCHOS DE TAOS,NM87557 		NONE PC OPERATING SUPPORT 10,000

FOOD DEPOT

1222 A SILER RD
SANTA FE,NM875074106 		NONE PC OPERATING SUPPORT 20,000

FRIENDS OF FONDATION DE FRANCE

275 MADISON AVE FL 6
NEW YORK,NY100161101 		NONE PC OPERATING SUPPORT 25,000

FUTURE FOCUSED EDUCATION

200 BROADWAY NE
ALBUQUERQUE,NM87102 		NONE PC NM STATEWIDE WORK-BASED LEARNING STRATEGY 53,000

GERARD'S HOUSE

PO BOX 28693
SANTA FE,NM875928693 		NONE PC OPERATING SUPPORT 10,000

GIRLS INC OF SANTA FE

301 HILLSIDE AVE
SANTA FE,NM875012217 		NONE PC OPERATING SUPPORT 10,000

GOLDEN APPLE FOUNDATION

901 W JACKSON BLVD SUITE 205
CHICAGO,IL60607 		NONE PC DESIGN & IMPLEMENT UNDERGRADUATE RESIDENCIES ACROSS NEW MEXICO 100,000

GRANTMAKERS FOR EDUCATION

400 SE 103RD DR 33348
PORTLAND,OR97216 		NONE PC EDUCATION EQUITY AND GRANTMAKING IMPACT GROUP 5,000

GROWING UP NEW MEXICO

400 CERRILLOS RD SUITE A
SANTA FE,NM87501 		NONE PC GROWING UP NEW MEXICO: THE EARLY CHILDHOOD PARTNERSHIP - POLICY 100,000

GROWING UP NEW MEXICO

400 CERRILLOS RD SUITE A
SANTA FE,NM87501 		NONE PC GROWING UP NEW MEXICO: POLICY (FORMERLY THE NM EARLY CHILDHOOD DEVELOPMENT PARTNERSHIP) 150,000

HARVARD BUSINESS SCHOOL

PO BOX 412275
BOSTON,MA022412275 		NONE PC OPERATING SUPPORT 25,000

HEADING HOME

PO BOX 27636
ALBUQUERQUE,NM871257636 		NONE PC OPERATING SUPPORT 10,000

HOLISTIC MANAGEMENT INTERNATIONAL

5941 JEFFERSON ST NE STE B
ALBUQUERQUE,NM871093409 		NONE PC EMPOWERING HOLISTIC MANAGEMENT FOR REGENERATIVE AGRICULTURE IN NM 45,000

HOMEWISE

1301 SILER ROAD BUILDING D
SANTA FE,NM87507 		NONE PC BUILDING COMMON GROUND NEW MEXICO AS A COLLECTIVE FORCE FOR CHANGE 40,000

INSTITUTE OF AMERICAN ACUPUNCTURE AND LIFE MEDICENE

443 N NEW BALLAS ROAD SUITE 224
ST LOUIS,MO63141 		NONE PC OPERATING SUPPORT 5,000

ISSUE ONE

1401 K ST NW STE 350
WASHINGTON,DC200054574 		NONE PC NM GERRYMANDERING, ETHICS AND TRANSPARENCY PROJECT 50,000

JB HUNT JR INST EDUCATIONAL LEADERSHIP & POLICY FOUNDATION

1000 PARK FORT PLAZA STE 280
DURHAM,NC277135260 		NONE PC ELEVATING THE VOICE OF NM'S BUSINESS COMMUNITY IN EDUCATION 100,000

JB WHITE FOUNDATION

4121 CERRITO LINDO
SANTA FE,NM87507 		NONE PC OPERATING SUPPORT 1,000

KBFUSAMERICAN FRIENDS OF INSTITUTE CURIE

10 ROCKERFELLER PLAZA 16TH FL
NEW YORK,NY10020 		NONE PC OPERATING SUPPORT 25,000

KITCHEN ANGELS

1222 SILER RD
SANTA FE,NM875074106 		NONE PC OPERATING SUPPORT 20,000

KUNM-FM

MSC06 3520 1 UNIVERSITY OF NEW MEXI
ALBUQUERQUE,NM871310001 		NONE PC OPERATING SUPPORT 5,000

LA FAMILIA MEDICAL CENTER

PO BOX 5395
SANTA FE,NM87502 		NONE PC OPERATING SUPPORT 20,000

LA SEMILLA FOOD CENTER

PO BOX 2579
ANTHONY,NM880212579 		NONE PC FARM BILL ADVOCACY & FARMER FUND CAPACTIY BUILDING 50,000

LEAGUE OF WOMEN VOTERS OF NM EDUCATION FUND

2315 SAN PEDRO DR NE STE F6
ALBUQUERQUE,NM871104158 		NONE PC 2022 ELECTION VOTER GUIDES FOR COMMUNITIES WITH LARGE NATIVE AMERICAN POPULATIONS 5,000

LEAGUE OF WOMEN VOTERS OF SANTA FE COUNTY

1925 CAMINO LUMBRE
SANTA FE,NM87505 		NONE PC REDISTRICTING RESEARCH, CONVENING AND ADVOCACY AND VOTER EDUCATION 50,000

LIGHTNING BOY FOUNDATION

31 TURTLE CIRCLE
SANTA FE,NM87506 		NONE PC OPERATING SUPPORT 5,000

LINCOLN INSTITUE OF LAND POLICY

11010 N TATUM BLVD D-101
PHOENIX,AZ85028 		NONE PC WATER TRIBES INITATIVE - COLORADO RIVER BASIN 25,000

LINKED LEARNING ALLIANCE

730 HARRISON STREET 3RD FLOOR
SAN FRANCISCO,CA94107 		NONE PC ENGAGING COMMUNITY IN TRANSFORMING THE HIGH SCHOOL EXPERIENCE 61,394

MAY CENTER FOR LEARNING

2019 GALISTEO BLDG B
SANTA FE,NM875052143 		NONE PC OPERATING SUPPORT 5,000

MEDECINS SANS FRONTIERES

40 RECTOR ST FL 16
NEW YORK,NY100061751 		NONE PC OPERATING SUPPORT 10,000

MIDDLE RIO GRANDE CONSERVANCY DISTRICT

1931 2ND ST SW
ALBUQUERQUE,NM87102 		NONE PC FEASIBLILTY STUDY LOOKING AT AQUIFER STORAGE AND RECOVERY IN THE MIDDLE RIO GRANDE VALLEY 42,000

MIDDLE RIO GRANDE WATER ADVOCATES

PO BOX 25862
ALBUQUERQUE,NM87125 		NONE PC CONDUCT CONSENSUS TRAINING FOR RIO GRANDE NEW MEXICO BASIN STUDY PARTICIPANTS 15,000

NANTUCKET HISTORICAL ASSOCIATION

15 BROAD STREET
NANTUCKET,MA02554 		NONE PC OPERATING SUPPORT 5,000

NATIONAL CONFERENCE OF STATE LEGISLATORS

7700 E 1ST PL
DENVER,CO802307143 		NONE GOV WATER GOVERNANCE AND FUNDING: A COMPARATIVE ANALYSIS OF NEW MEXICO AND OTHER STATES 65,182

NATIONAL DANCE INSTITUTE

1140 ALTO ST
SANTA FE,NM875012596 		NONE PC OPERATING SUPPORT 150,000

NATIONAL HISPANIC CULTURAL CENTER

1701 4TH STREET SW
ALBUQUERQUE,NM87102 		NONE PC OPERATING SUPPORT 5,000

NATIONAL YOUNG FARMERS COALITION

PO BOX 1074
HUDSON,NY125349074 		NONE PC BUILDING YOUNG FARMER LEADERS IN NEW MEXICO 75,000

NATIVE WOMEN LEAD CO NEW MEXICO COMMUNITY CAPITAL

301 GOLD AVENUE SW SUITE 102
ALBUQUERQUE,NM87102 		NONE PC OPERATING SUPPORT 2,500

NEW MEXICO ACEQUIA ASSOCIATION

805 EARLY STREET SUITE 203B
SANTA FE,NM87505 		NONE PC ACEQUIA POLICY ENGAGEMENT FOR WATER RESILIENCE AND FOOD SECURITY 88,000

NEW MEXICO ASSOCIATION OF CONSERVATION DISTRICTS

163 TRAIL CANYON RD
CARLSBAD,NM88220 		NONE PC FINANCIAL AND TECHNICAL ASSISTANCE FOR NM AGRICULTURE PRODUCERS 75,000

NEW MEXICO ENVIRONMENTAL LAW CENTER

1405 LUISA ST STE 5
SANTA FE,NM875054074 		NONE PC OPERATING SUPPORT 10,000

NEW MEXICO ETHICS WATCH

PO BOX 30586
ALBUQUERQUE,NM871900586 		NONE PC OPERATING SUPPORT 120,000

NEW MEXICO ETHICS WATCH

PO BOX 30586
ALBUQUERQUE,NM871900586 		NONE PC OPERATING SUPPORT 30,000

NEW MEXICO FARMERS' MARKETING ASSOCIATION

1219 LUSIA ST STE 1
SANTA FE,NM875054176 		NONE PC EXPANDING VALUE CHAIN COORDINATION AND RETAIL ENGAGEMENT FOR INCREASED LOCAL CROP PRODUCTION AND SALES 78,850

NEW MEXICO FIRST

PO BOX 56549
ALBUQUERQUE,NM871876549 		NONE PC NM AGRICULTURE RESILIENCY PLAN 85,000

NEW MEXICO FIRST

PO BOX 56549
ALBUQUERQUE,NM871876549 		NONE PC 2022 WATER TASK FORCE SUPPORT 40,000

NEW MEXICO FOUNDATION

8 CALLE MEDICO
SANTA FE,NM875054724 		NONE PC GREENROOTS INSTITUTE - WEAVING OUR FUTURE: WEAVING OUR VISION 25,000

NEW MEXICO IN DEPTH

7820 ENCHANTED HILLS BLVD STE A225
RIO RANCHO,NM871448644 		NONE PC EXPANDING COVERAGE OF GOOD GOVERNMENT ISSUES 100,000

NEW MEXICO STATE UNIVERSITY FOUNDATION

1305 S HORSESHOE ST
LAS CRUCES,NM88003 		NONE PC DROUGHT- TOLERANT, REGIONALLY ADAPTED, LOCALLY GROWN COVER/ FORAGE CROP SEED FOR NM FARMERS/RANCHERS 25,000

NEW MEXICO STATE UNIVERSITY FOUNDATION

1305 S HORSESHOE ST
LAS CRUCES,NM88003 		NONE PC INTEGRATED SYSTEMS STRATEGIC FALLOWING FOR SUSTAINABLE WATER AND THRIVING AGRICULTURE 50,000

NEW MEXICO STATE UNIVERSITY FOUNDATION

1305 S HORSESHOE ST
LAS CRUCES,NM88003 		NONE PC REFUND -29,224

NEW MEXICO SUICIDE INTERVENTION

4164 S MEADOWS RD
SANTA FE,NM87507 		NONE PC OPERATING SUPPORT 10,000

NEW MEXICO TECH FOUNDATION

801 LEROY PLACE
SOCORRO,NM87801 		NONE PC WATER LEADERSHIP WORKSHOP 2022 73,000

NM COALITION TO END HOMELESSNESS

PO BOX 865
SANTA FE,NM87504 		NONE PC OPERATING SUPPORT 25,000

NM FOUNDATION FOR OPEN GOVERNMENT

2333 WISCONSIN ST NE
ALBUQUERQUE,NM871104654 		NONE PC ADVANCING GOVERNMENT TRANSPARENCY 45,000

NM SCHOOL FOR THE ARTS -AI

500 MONTEZUMA AVE 200
SANTA FE,NM875012555 		NONE PC OPERATING SUPPORT 100,000

NM SCHOOL FOR THE ARTS -AI

500 MONTEZUMA AVE 200
SANTA FE,NM875012555 		NONE PC OPERATING SUPPORT 100,000

NM SCHOOL FOR THE ARTS -AI

500 MONTEZUMA AVE 200
SANTA FE,NM875012555 		NONE PC LEADERSHIP GRANT 9,000

NM SCHOOL FOR THE ARTS -AI

500 MONTEZUMA AVE 200
SANTA FE,NM875012555 		NONE PC OPERATING SUPPORT NMSA HEAD OF SCHOOL 125,000

OCEANA INC

1350 CONNECTICUT AVE NW STE 200
WASHINGTON,DC200365425 		NONE PC SHARK PROTECTION PROGRAM 5,000

OGALLALA COMMONS

PO BOX 346
NAZARETH,TX79063 		NONE PC REINVIGORATING THE CANADIAN RIVER VALLEY FOODSHED 15,000

PALLATIVE SUPPORTIVE CARE OF NANTUCKET

PO BOX 3541
NANTUCKET,MA02584 		NONE PC OPERATING SUPPORT 2,500

PARTNERS IN EDUCATION FOUNDATION

1300 CAMINO SIERRA VISTA
SANTA FE,NM875051007 		NONE PC ADELANTE PROGRAM TO ASSIST WITH CRITICAL STUDENT NEEDS 10,000

PINK ME

7820 ENCHANTED HILLS BLVD STE A225
SANTA FE,NM87144 		NONE PC OPERATING SUPPORT 1,000

PIPER AND PROTEUS FUND

15 RESEARCH DRIVE STE B
AMHERST,MA01002 		NONE PC PIPER FUND: BUILDING A HEALTHY DEMOCRACY FOR ALL 50,000

PIVOTAL NM

PO BOX 7157
ALBUQUERQUE,NM87194 		NONE PC ONGOING ASSISTANCE TO GRANTEES AND APPLICANTS 11,000

PROSTATE CANCER SUPPORT ASSOCIATION

2533 VIRGINIA ST NE STE C
ALBUQUERQUE,NM87110 		NONE PC OPERATING SUPPORT 1,000

READING QUEST

991 CAMINO CONSUELO
SANTA FE,NM875075036 		NONE PC OPERATING SUPPORT 25,000

RHODE ISLAND SCHOOL OF DESIGN

2 COLLEGE STREET
PROVIDENCE,RI02903 		NONE PC OPERATING SUPPORT 25,000

RIO GRANDE AGRICULTURAL LAND TRUST

PO BOX 40043
ALBUQUERQUE,NM87196 		NONE PC FACILITATING EQUITABLE CONSERVATION TO MITIGATE LAND AND WATER LOSS IN THE MRG 50,000

ROADRUNNER FOOD BANK

5840 OFFICE BLVD NE
ALBUQUERQUE,NM871095819 		NONE PC OPERATING SUPPORT 20,000

ROCKY MOUNTAIN PLANNED PARENTHOOD

7155 E 38TH AVE
DENVER,CO802071630 		NONE PC PROGRAM SUPPORT TO IMPLEMENT LONG ACTING REVERSIBLE CONTRACEPTIVES IN NEW MEXICO 25,000

RURAL COMMUNITY ASSISTANCE PARTNERSHIP

1725 I ST NW SUITE 225
WASHINGTON,DC20006 		NONE PC POLICY ANALYSIS AND ADVOCACY FOR REGIONAL WATER SUSTAINABILITY 75,000

SANTA FE COMMUNITY COLLEGE FOUNDATION

6401 RICHARDS AVE 111
SANTA FE,NM875084887 		NONE PC SFCC EARLY CHILDHOOD CENTER TO SUSTAIN AND EXPAND THE FIRST BORN HOME VISITING PROGRAM 75,000

SANTA FE COMMUNITY FOUNDATION

501 HALONA ST
SANTA FE,NM875050301 		NONE PC FUND FOR PURSUING FEDERAL FUNDING OPPORTUNITIES 100,000

SANTA FE COMMUNITY FOUNDATION

501 HALONA ST
SANTA FE,NM875050301 		NONE PC SUPPORTING JOURNALISM ON GOOD GOVERNMENT 52,500

SANTA FE COMMUNITY FOUNDATION

501 HALONA ST
SANTA FE,NM875050301 		NONE PC BUILDING FOUNDATION AND STRATEGIC SOLUTIONS ADDRESSING HOMELESSNESS IN SANTA FE 125,000

SANTA FE COMMUNITY FOUNDATION

501 HALONA ST
SANTA FE,NM875050301 		NONE PC SANTA FE DATA PLATFORM 60,000

SANTA FE PICKLEBALL CLUB

PO BOX 408
TESUQUE,NM87574 		NONE PC OPERATING SUPPORT 5,000

SANTA FE PREPARATORY SCHOOL

1101 CAMINO DE LA CRUZ BLANCA
SANTA FE,NM875050391 		NONE PC OPERATING SUPPORT 50,000

SAVE THE CHILDRENUKRAINE

PO BOX 97132
WASHINGTON,DC200907132 		NONE PC OPERATING SUPPORT 5,000

SCHOOL YEAR ABROAD

120 WATER ST STE 310
NORTH ANDOVER,MA018452650 		NONE PC OPERATING SUPPORT 5,000

SHATTUCK - ST MARY'S SCHOOL

PO BOX 218
FARIBAULT,MN550210218 		NONE PC OPERATING SUPPORT 25,000

SOLACE CRISIS TREATMENT CENTER

6601 VALENTINE WAY
SANTA FE,NM875077301 		NONE PC OPERATING SUPPORT 10,000

ST ELIZABETH'S SHELTER

804 ALARID
SANTA FE,NM875053040 		NONE PC OPERATING SUPPORT 10,000

ST ELIZABETH'S SHELTER

804 ALARID
SANTA FE,NM875053040 		NONE PC OPERATING SUPPORT 20,000

ST JOHN'S COLLEGE

1101 CAMINO DE LA CRUZ BLANCA
SANTA FE,NM875054584 		NONE PC OPERATING SUPPORT 20,000

TEACH PLUS

ONE BEACON ST 15FI
BOSTON,MA02108 		NONE PC TRAIN AND SUPPORT EXCEPTIONAL TEACHERS TO LEAD STATEWIDE ADVOCACY 75,000

THE INTERFAITH COMMUNITY SHELTER

PO BOX 22653
SANTA FE,NM875022653 		NONE PC WOMEN'S SUMMER SAFE HAVEN PROGRAM 20,000

THE NATURE CONSERVANCY OF NEW MEXICO

1613 PASEO DE PERALTA SUITE 200
SANTA FE,NM87501 		NONE PC JICARILLA APACHE NATION WATER SHARING PROJECT, TRANSACTION LEGAL SUPPORT 25,000

THE QUIVIRA COALITION

1413 2ND ST STE 1
SANTA FE,NM875053435 		NONE PC QUIVIRA COALITION CORE PROGRAM SUPPORT 60,000

THEODORE ROOSEVELT CONSERVATION PARTNERSHIP

549 14TH ST NW SUITE 500
WASHINGTON,DC20045 		NONE PC INCREASING THE PACE AND SCALE OF HEADWATERS RESTORATION IN NM TO ENHANCE WATER RESILIENCE 135,000

THINK NEW MEXICO

1227 PASEO DE PERALTA
SANTA FE,NM875012758 		NONE PC OPERATING SUPPORT 15,000

THINK NEW MEXICO

1227 PASEO DE PERALTA
SANTA FE,NM875012758 		NONE PC OPERATING SUPPORT 10,000

TULANE UNIVERSITY

PO BOX 61075
NEW ORLEANS,LA701619986 		NONE PC OPERATING SUPPORT 25,000

UNIVERSITY OF COLORADO FOUNDATION

1800 GRANT ST
DENVER,CO80203 		NONE PC STRENGTHENING NEW MEXICO WATER JOURNALISM 25,000

UNIVERSITY OF NEW MEXICO (NMPBS)

700 LOMAS BLVD STE 108
ALBUQUERQUE,NM87102 		NONE PC STATE GOVERNMENT JOURNALISM PARTNERSHIP 60,000

UNIVERSITY OF NEW MEXICO FOUNDATION

700 LOMAS BLVD STE 108
ALBUQUERQUE,NM87102 		NONE PC HARNAR AWARD 60,000

UNIVERSITY OF NEW MEXICO

1700 LOMAS NE SUITE 2100
ALBUQUERQUE,NM871310001 		NONE PC NEW MEXICO WATER TASK FORCE SUPPORT AND BEYOND 81,239

UNIVERSITY OF NEW MEXICO

700 LOMAS BLVD STE 108
ALBUQUERQUE,NM87102 		NONE PC COMMUNITY BASED WATER SHARING AGREEMENTS IN NM PILOT LISTENING SESSION 60,000

WATER FOUNDATION

PO BOX 3590
LAS CRUCES,NM88003 		NONE PC WATER TABLE FUNDER COLLABORATIVE 50,000

WESTERN LANDOWNERS ALLIANCE

PO BOX 6278
SANTA FE,NM875026278 		NONE PC NEW MEXICO LAND STEWARTSHIP INITIATIVE 220,000

WESTERN RESOURCE ADVOCATES

409 E PALACE AVE
SANTA FE,NM87501 		NONE PC IMPROVING WATER GOVERNANCE AND RIVER PROTECTION IN NEW MEXICO 75,000

WILLIAMS COLLEGE

75 PARK STREET
WILLIAMSTOWN,MA012672141 		NONE PC OPERATING SUPPORT 25,000

YOUTH SHELTER AND FAMILY SERVICES

PO BOX 28279
SANTA FE,NM875928279 		NONE PC OPERATING SUPPORT 20,000

YOUTH WORKS

1505 LLANO ST
SANTA FE,NM87505 		NONE PC OPERATING SUPPORT 10,000
Total .................................right arrow 3a 6,202,547
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2022)
Form 990-PF (2022)
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 1,005  
4 Dividends and interest from securities ....     14 2,274,917  
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 ............ 		    18 360,812  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		    14 -7  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,636,727 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,636,727
(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 (2022)
Form 990-PF (2022)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2022
Name of the organization
THORNBURG FOUNDATION
 
Employer identification number

85-0457010
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2022)
Schedule B (Form 990) (2022) Page 2
Name of organization
THORNBURG FOUNDATION
  		Employer identification number
85-0457010
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
GARRETT THORNBURG
2300 N RIDGETOP RD
 
SANTA FE, NM87506

$ 10,000,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)
Schedule B (Form 990) (2022)
Page 3
Name of organization
THORNBURG FOUNDATION
  		Employer identification number

85-0457010
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2022)
Schedule B (Form 990) (2022)
Page 4
Name of organization
THORNBURG FOUNDATION
  		Employer identification number

85-0457010
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2022)
Additional Data


Software ID:  
Software Version:  

TY 2022 AccountingFeesSchedule
Name:
THORNBURG FOUNDATION
EIN:
85-0457010
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 22,685 0   0

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

TY 2022 DepreciationSchedule
Name:
THORNBURG FOUNDATION
EIN:
85-0457010
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
COMPUTER EQUIPMENT 2019-06-25 12,983 6,492 SL 5.000000000000 2,597 0    
COMPUTER EQUIPMENT 2021-03-10 2,422 404 SL 5.000000000000 484 0    
COMPUTER EQUIPMENT 2021-06-09 2,525 295 SL 5.000000000000 505 0    
COMPUTER EQUIPMENT 2022-01-01 7,975   SL 5.000000000000 1,528 0    
COMPUTER EQUIPMENT 2022-01-01 4,308   SL 5.000000000000 862 0    

TY 2022 InvestmentsOtherSchedule2
Name:
THORNBURG FOUNDATION
EIN:
85-0457010
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ACREW CAPITAL FUND II AT COST 512,461 488,590
BROADSTONE NET LEASE AT COST 2,092,406 1,706,913
FTV VI LP AT COST 1,410,000 2,449,337
GLENMEDE PRIVATE INVESTMENT FD IX AT COST 4,411,344 7,314,097
GLENMEDE PRIVATE INVESTMENT FD VIII AT COST 4,139,779 6,388,216
GLENMEDE PRIVATE INVESTMENT FD X AT COST 3,504,736 7,047,917
K5 PRIVATE INVESTORS LP AT COST 954,348 1,021,359
KPS SPECIAL SITUTATIONS FUND V AT COST 1,073,381 1,632,013
RIVERSIDE CAPITAL APPRECIATION VI AT COST 0 284,866
RIVERSIDE MICRO-CAP V AT COST 1,289,793 1,903,897
SCHWAB FIXED INCOME FUND AT COST 351,754 646,793
THIRD POINT OFFSHORE FUND AT COST 2,000,000 1,886,850
THIRD POINT STRUCTURED CREDIT OPPS OFFSHOR FUND LP AT COST 2,000,000 2,303,374
THOMA BRAVO GROWTH FUND A AT COST 740,858 596,125
THORNBURG BETTER WORLD INT'L AT COST 5,427,770 6,495,922
THORNBURG DEVELOPING WORLD FUND AT COST 4,140,301 4,683,522
THORNBURG GLOBAL OPPORTUNITIES FUND AT COST 5,184,190 6,926,960
THORNBURG INCOME BUILDER FUND AT COST 6,146,633 6,855,486
THORNBURG INTERNATIONAL EQUITY FUND AT COST 7,123,204 5,914,679
THORNBURG INTERNATIONAL GROWTH FUND AT COST 4,476,264 4,837,391
THORNBURG LTD TERM INCOME FUND AT COST 6,300,000 5,594,751
THORNBURG LTD TERM US GOVT FUND AT COST 31,571,348 27,981,097
THORNBURG SMALL / MID CAP GROWTH FUND AT COST 6,135,126 4,163,878
THORNBURG SMALL CAP CORE FUND AT COST 6,710,917 6,102,574
THORNBURG STRATEGIC INCOME FUND AT COST 7,021,102 6,441,559
THORNBURG SUMMIT FUND AT COST 6,409,532 6,630,659
TRANSFORMATION CAPITAL II LP AT COST 878,184 1,234,853
TRANSFORMATION CAPITAL III LP AT COST 92,119 74,569
SL CAPITAL SOF I LP AT COST 0 299,459
LINDEN CAPITAL PARTNERS V-A-LP AT COST 240,033 232,492
LINDEN CO-INVESTMENT V-A-LP AT COST 111,317 122,932
LEAD EDGE CAPITAL VI LP AT COST 100,153 86,960
FTV VII LP AT COST 570,000 555,971
KAINOS CAPITAL PARNTERS III LP AT COST 304,118 260,585
ACREW CAPITAL FUND II BLOCKER AV AT COST 9,999 7,578
ECLIPSE EARLY GROWTH FUND AT COST 305,500 284,679
BRIDGEWAY BLUECHIP AT COST 3,381,639 2,020,317
VULCAN VALUE AT COST 3,118,080 2,110,601

TY 2022 LandEtcSchedule2
Name:
THORNBURG FOUNDATION
EIN:
85-0457010
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
COMPUTER EQUIPMENT 12,983 9,089 3,894  
COMPUTER EQUIPMENT 2,422 888 1,534  
COMPUTER EQUIPMENT 2,525 800 1,725  
COMPUTER EQUIPMENT 7,975 1,528 6,447  
COMPUTER EQUIPMENT 4,308 862 3,446  


TY 2022 LegalFeesSchedule
Name:
THORNBURG FOUNDATION
EIN:
85-0457010
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 4,504 0   3,939


TY 2022 OtherAssetsSchedule
Name:
THORNBURG FOUNDATION
EIN:
85-0457010
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DEPOSITS/PREPAID EXPENSES 7,250 1,000 1,000


TY 2022 OtherExpensesSchedule
Name:
THORNBURG FOUNDATION
EIN:
85-0457010
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 7,452 0   1,020
DUES & SUBSCRIPTIONS 30,541 0   21,419
INVESTMENT CUSTODY&MGMT FEE 86,383 86,383   0
COMPUTER/SOFTWARE EXPENSES 11,083 0   6,250
OTHER EXPENSES 3,018 0   1,903
TRAINING 0 0   0
OFFICE EXPENSES 4,576 0   353
BANK FEES 945 0   16


TY 2022 OtherIncomeSchedule2
Name:
THORNBURG FOUNDATION
EIN:
85-0457010
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ACREW CAPITAL FUND II LP   -25,675  
ECLIPSE EARLY GROWTH FUND I LP   -20,476  
FTV VI LP   -24,227  
GLENMEDE PRIVATE INVEST FD IX   760,155  
GLENMEDE PRIVATE INVEST FD VIII-B   316,694  
GLENMEDE PRIVATE INVEST FD X   207,822  
K5 PRIVATE INVESTORS   -59,190  
KAINOS CAPITAL PARTNERS III LP   -35,253  
LINDEN CAPITAL PARTNERS V-A LP   -24,617  
LINDEN CO-INVESTMENT V-A LP   -6,432  
RCAF VI AIV II, LP   94,995  
RIVERSIDE CAP APPREC FUND VI   -70,284  
RIVERSIDE MICRO-CAP FUND V   -2,718  
RMCF V AIV I   -67,789  
SERIES KPS SPEC SIT FUNDS V   690  
SL CAPITAL SOF I LP   8,516  
TCII THRIVEWORKS FEEDER LP   -2  
THOMA BRAVO GROWTH FUND A LP   -26,544  
TRANSFORMATION CAPITAL FUND II LP   -24,913  
LEAD EDGE CAPITAL VI   -20,079  
1315 CAPITAL   -13,065  
FTV VII LP   -29,479  
TRANSFORMATION CAPITAL FUND III LP   -15,751  
OTHER INCOME -7   -7


TY 2022 OtherLiabilitiesSchedule
Name:
THORNBURG FOUNDATION
EIN:
85-0457010
Description Beginning of Year - Book Value End of Year - Book Value
EMPLOYEE FSA WITHHOLDING 243 841
PAYROLL TAXES PAYABLE 0 9,234
401K PLAN PAYABLE 0 10
CREDIT CARD PAYABLE 0 912


TY 2022 OtherProfessionalFeesSchedule
Name:
THORNBURG FOUNDATION
EIN:
85-0457010
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING FEES 216,739 0   207,442


TY 2022 TaxesSchedule
Name:
THORNBURG FOUNDATION
EIN:
85-0457010
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX ON INVESTMENT INCOME 50,000 0   0