| 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 |
|---|
| Identifier | Return Reference | Explanation |
|---|---|---|
| Part XI, Line 1 | Part XI, Line 1 | The amounts paid represented in Line 1 includes $100,000 that was moved from the Foundation's account to an escrow account and then unconditionally sent from the escrow account by check to the University of Michigan on December 9, 2021, was lost in transit by Federal Express, and was re-issued from the escrow account as a replacement check in February 2022. |
| Form 990-PF Part VI-A, Line 11 | part VI-A, Line 11 | Transfer to controlled entity explanation Transfers made during 2021 were cash contributions totaling $4,000,000 from hymowitz family foundation to boathouse row offshore, ltd. ("Boathouse") and $550,000 proceeds from the sale of shares in Boathouse. Boathouse row offshore, ltd is not an excess business holdings of the foundation. EIN of controlled entity: FOREIGNUS |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BOATHOUSE ROW OFFSHORE LTD | 15,522,684 | 30,980,684 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 68,885 | 68,885 | ||
| Bank Charges | 15 | 15 | ||
| State or Local Filing Fees | 25 | 25 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Excise Tax for 2020 | 446 |
| Name | US / Foreign Address |
EIN | Description | Amount |
|---|---|---|---|---|
| BOATHOUSE ROW OFFSHORE LTD |
89 NEXUS WAY PO BOX 31106 CAMANA BAY KY1-1205 CJ |
000000000 | see general explanation | 4,000,000 |
| Total | 4,000,000 | |||