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
THE CHARLESMEAD FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)10 MEMORIAL BOULEVARD SUITE 1003
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PROVIDENCE, RI02903
A Employer identification number

52-1550204
B Telephone number (see instructions)

(401) 262-4600
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$23,339,642J 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 right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 339,134 337,042  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 238,188
b Gross sales price for all assets on line 6a 2,750,457
7 Capital gain net income (from Part IV, line 2)... 238,188
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
313,369 313,369  
12 Total. Add lines 1 through 11........ 890,691 888,599  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
187,500 93,750   93,750
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
22,649 14,371   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
285,209 283,381   1,487
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 495,358 391,502   95,237
25 Contributions, gifts, grants paid....... 940,000 940,000
26 Total expenses and disbursements. Add lines 24 and 25 1,435,358 391,502   1,035,237
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -544,667
b Net investment income (if negative, enter -0-) 497,097
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 Savings and temporary cash investments......... 430,243 130,452 130,452
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..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,637,268 Click to see attachment
List of Attached Documents:
// Content
3,296,252 		3,843,138
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).......... 14,376,321 Click to see attachment
List of Attached Documents:
// Content
14,817,166 		18,789,403
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
393,800 		Click to see attachment
List of Attached Documents:
// Content
482,540 		Click to see attachment
List of Attached Documents:
// Content
576,649
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 19,837,632 18,726,410 23,339,642
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)    
23 Total liabilities (add lines 17 through 22)......... 0 0
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........ 26,488 26,488
27 Paid-in or capital surplus, or land, bldg., and equipment fund 8,335,012 8,335,012
28 Retained earnings, accumulated income, endowment, or other funds 11,476,132 10,364,910
29 Total net assets or fund balances (see instructions)..... 19,837,632 18,726,410
30 Total liabilities and net assets/fund balances (see instructions). 19,837,632 18,726,410
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
19,837,632
2
Enter amount from Part I, line 27a .....................
2
-544,667
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
19,292,965
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
566,555
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
18,726,410
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 VNGRD ST TE FND ADMNRL (UBS #11907) P 2021-03-31 2022-03-11
b VNGRD ST TE FND ADMNRL (UBS #11907) P 2021-02-23 2022-03-11
c FIDELITY CONS INCOME BOND-IS (JMP #4000) P 2022-03-15 2022-12-01
d FPA NEW INCOME INC (JPM #4000) P 2022-03-15 2022-03-23
e FPA NEW INCOME INC (JPM #4000) P 2022-03-15 2022-09-23
FPA NEW INCOME INC (JPM #4000) P 2022-03-15 2022-10-25
FIDELITY CONS INCOME BOND-IS (JMP #4000) P 2022-03-15 2022-03-23
FIDELITY CONS INCOME BOND-IS (JMP #4000) P 2022-03-15 2022-09-23
FIDELITY CONS INCOME BOND-IS (JMP #4000) P 2022-03-15 2022-10-25
FPA NEW INCOME INC (JPM #4000) P 2022-03-15 2022-12-01
JPM ULTRA SHRT MUNI FND (JPM #4000) P 2022-03-15 2022-03-23
VANGUARD SH TRM TAX EX INV (JPM #4000) P 2022-03-15 2022-03-15
JPM ULTRA SHRT MUNI FND (JPM #4000) P 2013-03-15 2022-03-23
TROWE PR INST FLOAT RT (JPM #4000) P 2013-03-15 2022-03-23
VANGUARD SH TRM TAX EX INV (JPM #4000) P 2013-03-15 2022-03-15
VANGUARD SH TRM TAX EX INV (JPM #4000) P 2021-01-04 2022-03-15
AWD CAVES INVESTORS P    
AWD CAVES INVESTORS P    
BAIN CAPITAL FUND XII P    
BAIN CAPITAL FUND XII P    
CHARLESBANK EQUITY FUND IX DOMESTIC P    
CB OFFSHORE CREDIT OPPORTUNITIES FUND II P    
CB OP AGGREGATOR V P    
CORMORANT PRIVATE HEALTHCARE FUND II P    
CORMORANT PRIVATE HEALTHCARE FUND II P    
HARVEST MLP INCOME FUND II P    
HARVEST MLP INCOME FUND II P    
INDUSTRY VENTURES PARTNERSHIP HOLDINGS V P    
INDUSTRY VENTURES PARTNERSHIP HOLDINGS V P    
MATHEYS LANE CB VIII INVESTORS P    
MATHEYS LANE COPLEY ASIA II INVESTORS P    
MATHEYS LANE COPLEY ASIA III INVESTORS P    
MATHEYS LANE COPLEY ASIA III INVESTORS P    
MATHEYS LANE COPLEY X INVESTORS P    
MATHEYS LANE COPLEY X INVESTORS P    
MATHEYS LANE COPLEY XI INVESTORS P    
MATHEYS LANE COPLEY XI INVESTORS P    
MATHEYS LANE K VIII INVESTORS P    
MATHEYS LANE NAUTIC VI INVESTORS P    
MATHEYS LANE NAUTIC VII INVESTORS P    
MATHEYS LANE NAUTIC VIII INVESTORS P    
PRIVATE EQUITY VIII - BUYOUTS P    
PRIVATE EQUITY VIII - VENTURE/GROWTH P    
PRIVATE EQUITY VIII - VENTURE/GROWTH P    
PROVIDENCE STRATEGIC GROWTH EUROPE P    
PROVIDENCE STRATEGIC GROWTH EUROPE P    
BAIN CAPITAL STRATEGIC EMERGING MARKETS P    
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 3,212   3,278 -66
b 488,482   500,316 -11,834
c 125,000   125,001 0
d 85,000   85,260 -259
e 75,000   77,282 -2,205
198,240   206,230 -7,956
85,000   84,915 85
75,000   75,001 0
199,400   199,801 -395
125,000   129,211 -4,158
38   38 0
6,834   6,922 -88
13,918   14,072 -154
85,000   91,211 -6,067
1,183,640   1,203,690 -20,050
609   619 -10
      -91,658
      104,762
      -7
      61,255
      -15
      996
      -8
      3
      75,222
      15,858
      8,859
      -326
      23,530
      -820
      -5,944
      -623
      -28,736
      41
      1,067
      59
      13,946
      28,889
      36,882
      -28,712
      -690
      -93
      -345
      -122
      156
      23,174
      53,661
1,084     1,084
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       -66
b       -11,834
c       0
d       -259
e       -2,205
      -7,956
      85
      0
      -395
      -4,158
      0
      -88
      -154
      -6,067
      -20,050
      -10
      -91,658
      104,762
      -7
      61,255
      -15
      996
      -8
      3
      75,222
      15,858
      8,859
      -326
      23,530
      -820
      -5,944
      -623
      -28,736
      41
      1,067
      59
      13,946
      28,889
      36,882
      -28,712
      -690
      -93
      -345
      -122
      156
      23,174
      53,661
      1,084
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 2 238,188
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 6,910
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 6,910
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 6,910
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 50,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 50,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. 8 162
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 42,928
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow0 Refundedright arrow 11 42,928
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
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:
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 arrowDE
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 arrowN/A
14
The books are in care ofright arrowSCS FINANCIAL SERVICES Telephone no.right arrow (401) 262-4600

Located atright arrow10 MEMORIAL BLVDPROVIDENCERI ZIP+4right arrow02903
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
KATHRYN DEERING PRESIDENT
2.00 		0 0 0
7765 FISHER ISLAND DRIVE
FISHER ISLAND,FL33109
JOHN WARREN TRUSTEE
1.00 		0 0 0
2106 SOUTH ROAD
BALTIMORE,MD21209
MARON DEERING TRUSTEE
1.00 		0 0 0
4042 WAVERLY STREET
PHILADELPHIA,PA19146
SPENCER DEERING TRUSTEE
1.00 		0 0 0
2100 PARK AVE 507
MIAMI BEACH,FL33139
HATHER CROSBY TRUSTEE
2.00 		0 0 0
293 RUMSTICK ROAD
BARRINGTON,RI02806
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
NONE
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
SCS CAPITAL INVESTMENT ADVISOR, ADMIN SERVICES INCL CHAR GRANTS 187,500
10 MEMORIAL BOULEVARD SUITE 1003
PROVIDENCE,RI02903
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
23,738,131
b
Average of monthly cash balances.......................
1b
598,163
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
24,336,294
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
24,336,294
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
365,044
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
23,971,250
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,198,563
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
1,198,563
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
6,910
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
6,910
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,191,653
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,191,653
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
1,191,653
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
1,035,237
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
1,035,237
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 1,191,653
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 0
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017...... 385,071
b From 2018...... 672,683
c From 2019...... 103,476
d From 2020...... 143,546
e From 2021......  
f Total of lines 3a through e ........ 1,304,776
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 1,035,237
a Applied to 2021, but not more than line 2a 0
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..... 1,035,237
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2022. 156,416 156,416
(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 1,148,360
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 .......... 		0
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) ... 		228,655
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		919,705
10 Analysis of line 9:
a Excess from 2018.... 672,683
b Excess from 2019.... 103,476
c Excess from 2020.... 143,546
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).)
KATHRYN DEERING
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.
KATHRYN DEERING
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

ATTIC YOUTH CENTER

255 SOUTH 16TH STREET
PHILADELPHIA,PA19102 		  PUBLIC CHARITY TRUSTEE DESIGNATION 40,000

BALTIMORE OUTREACH SERVICES

701 SOUTH CHARLES STREET
BALTIMORE,MD21230 		  PUBLIC CHARITY TRUSTEE DESIGNATION 500

BALTIMORE SCHOOL FOR THE ARTS

712 CATHEDRAL STREET
BALTIMORE,MD21201 		  PUBLIC CHARITY TRUSTEE DESIGNATION 5,000

BALTIMORE SYMPHONY ORCHESTRA

1212 CATHEDRAL STREET
BALTIMORE,MD21201 		  PUBLIC CHARITY GENERAL SUPPORT 5,000

BALTIMORE SYMPHONY ORCHESTRA

1212 CATHEDRAL STREET
BALTIMORE,MD21201 		  PUBLIC CHARITY TRUSTEE DESIGNATION 2,000

BARRINGTON PUBLIC LIBRARY

281 COUNTY RD
BARRINGTON,RI02806 		  PUBLIC CHARITY TRUSTEE DESIGNATION 2,250

BASS MUSEUM OF ARTS

2100 COLLINS AVE
MIAMI BEACH,FL33139 		  PUBLIC CHARITY TRUSTEE DESIGNATION 5,000

BAYSIDE FAMLY YMCA

70 WEST STREET
BARRINGTON,RI02806 		  PUBLIC CHARITY TRUSTEE DESIGNATION 7,000

CAVES VALLEY GOLF CLUB FOUNDATION

2910 BLENDON ROAD
OWING MILLS,MD21117 		  PUBLIC CHARITY TRUSTEE DESIGNATION 5,000

CENTER STAGE

700 NORTH CALVERT ST
BALTIMORE,MD21202 		  PUBLIC CHARITY CAPITAL CAMPAIGN AND ANNUAL SUPPORT 250,000

CENTER STAGE

700 NORTH CALVERT ST
BALTIMORE,MD21202 		  PUBLIC CHARITY TRUSTEE DESIGNATION 2,000

COMMUNITY LEGAL SERVICES PHILADELPHIA

1424 CHESTNUT STREET
PHILADELPHIA,PA19102 		  PUBLIC CHARITY TRUSTEE DESIGNATION 15,000

DARTMOUTH COLLEGE FUND

6066 DEVELOPEMENT OFFICE
HANOVER,NH03755 		  PUBLIC CHARITY TRUSTEE DESIGNATION 75,000

DREAM PROGRAM

87 ELM STREET
WINOOSKI,VT05404 		  PUBLIC CHARITY TRUSTEE DESIGNATION 17,000

EDUCATION & HOPE

9 MOTT AVE
NORWALK,CT06856 		  PUBLIC CHARITY TRUSTEE DESIGNATION 1,000

GBMC FOUNDATION

6701 N CHARLES ST
BALTIMORE,MD21204 		  PUBLIC CHARITY THE PROMISE PROJECT - RECOGNITION OF DELBERT ADAMS 25,000

GILCHRIST

11311 MCCORMICK ROAD
HUNT VALLEY,MD21031 		  PUBLIC CHARITY GILCHRIST CENTER BALTIMORE - RECOGNITION OF THEO RODGERS 25,000

GREEN STREET ACADEMY

125 NORTH HILTON STREET
BALTIMORE,MD21229 		  PUBLIC CHARITY TRUSTEE DESIGNATION 1,000

JHU BERMAN INSTITUTE OF BIOETHICS

1809 ASHLAND AVE
BALTIMORE,MD21218 		  PUBLIC CHARITY UNRESTRICTED GRANT 100,000

JHU PRESIDENTS OFFICE

3400 NORTH CHARLES STREET
BALTIMORE,MD21218 		  PUBLIC CHARITY UNRESTRICTED GRANT 50,000

JOHNS HOPKINS MEDICINE

733 NORTH BROADWAY
BALTIMORE,MD21218 		  PUBLIC CHARITY UNRESTRICTED 50,000

LA SALLE ACADEMY

612 ACADEMY AVE
PROVIDENCE,RI02908 		  PUBLIC CHARITY TRUSTEE DESIGNATION 12,500

LILLIE MAY CARROLL JACKSON CHARTER SCHOOL

2200 SINCLAIR LANE
BALTIMORE,MD21213 		  PUBLIC CHARITY TRUSTEE DESIGNATION 1,000

MIAMI WATERKEEPER

2103 CORAL WAY 2ND FLOOR
CORAL GABLES,FL33114 		  PUBLIC CHARITY TRUSTEE DESIGNATION 15,000

PUBLIC INTEREST LAW CENTER

1500 JOHN F KENNEDY BLVD 802
PHILADELPHIA,PA19102 		  PUBLIC CHARITY TRUSTEE DESIGNATION 15,000

QUINTESSENCE THEATRE

7137 GERMANTOWN AVE
PHILADELPHIA,PA19119 		  PUBLIC CHARITY TRUSTEE DESIGNATION 3,000

SHRIVER HALL CONCERT

3400 NORTH CHARLES STREET HALL
BALTIMORE,MD21218 		  PUBLIC CHARITY TRUSTEE DESIGNATION 8,500

TAP-IN BARRINGTON

281 COUNTY RD
BALTIMORE,MD22806 		  PUBLIC CHARITY TRUSTEE DESIGNATION 2,250

UMBC FOUNDATION

1000 HILLTOP CIRCLE
BALTIMORE,MD21250 		  PUBLIC CHARITY ARTS EDUCATION AND OUTREACH PROGRAMS 100,000

UNC ARTS & SCIENCES FDN

523 EAST FRANKLIN STREET
CHAPEL HILL,NC27514 		  PUBLIC CHARITY TRUSTEE DESIGNATION 25,000

UNC RAMS CLUB

450 SKIPPER BOWLES DRIVE
CHAPEL HILL,NC27515 		  PUBLIC CHARITY TRUSTEE DESIGNATION 50,000

UNIVERSITY OF GEORGIA LAW SCHOOL

225 HERTY DRIVE
ATHENS,GA30602 		  PUBLIC CHARITY TRUSTEE DESIGNATION 7,000

MIAMI RESCUE MISSION (THE CARING PLACE)

3553 NW 50TH STREET
MIAMI,FL33142 		  PUBLIC CHARITY TRUSTEE DESIGNATION 15,000

TEMPLE UNIVERSITY

1300 POLETT WALK SULLIVAN HALL
PHILADELPHIA,PA19106 		  PUBLIC CHARITY TRUSTEE DESIGNATION 3,000
Total .................................right arrow 3a 940,000
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 ........... 		         
4 Dividends and interest from securities .... 525990 8,242 14 330,892  
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 .....     18 313,369  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 238,188  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 8,242 882,449 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
890,691
(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

TY 2022 GeneralExplanationAttachment
Name:
THE CHARLESMEAD FOUNDATION
EIN:
52-1550204
Identifier Return Reference Explanation
MANAGEMENT SERVICES COMPANY 990PF PART VII-B QUESTION 1A(4) SCS CAPITAL IS THE FOUNDATION'S INVESTMENT ADVISOR AND PROVIDES ALL THE NECESSARY ADMINISTRATIVE SERVICES FOR MANAGING IT'S INVESTMENTS AND MAINTAINING NECESSARY RECORDS, INCLUDING COMMUNICATIONS, WITH RECIPIENTS OF CHARITABLE GRANTS. TOTAL FEES PAID TO SCS CAPITAL IN 2022 WERE $187,500. THIS FEE IS NEGOTIATED WITH THE DIRECTORS. SCS CAPITAL IS A FAMILY OFFICE MANAGEMENT SERVICES COMPANY AND SERVES AS INVESTMENT ADVISOR AND PROVIDES ADMINISTRATIVE SERVICES FOR A NUMBER OF CLIENTS INCLUDING THE ROUSE COMPANY FOUNDATION. SCS CAPITAL IS OWNED BY HEATHER D. CROSBY WHO SERVES AS SECRETARY OF THE FOUNDATION. SHE IS NOT PAID SEPARATELY FOR HER POSITION AS SECRETARY. MOST OF THE SERVICES ARE PERFORMED BY EMPLOYEES OF SCS OTHER THAN HEATHER CROSBY. THESE SERVICES ARE OTHER THAN THOSE NORMALLY PERFORMED BY OFFICERS OR DIRECTORS/TRUSTEES. THEREFORE, THE OUTSIDE TAX PREPARER ADVISED THE FOUNDATION TO REPORT THE FEE ON PAGE 1, LINE 16C RATHER THAN REPORTING ON LINE 13.

TY 2022 InvestmentsCorpStockSchedule
Name:
THE CHARLESMEAD FOUNDATION
EIN:
52-1550204
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCK 3,296,252 3,843,138

TY 2022 InvestmentsOtherSchedule2
Name:
THE CHARLESMEAD FOUNDATION
EIN:
52-1550204
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BAIN CAPITAL FUND XII, LP AT COST 508,678 769,090
CB OP AGGREGATOR I, LP AT COST 21,141 32,445
CB OP AGGREGATOR II, LP AT COST 4,923 7,555
CB OP AGGREGATOR II-B, LP AT COST 714 1,096
CHARLESBANK EQUITY FUND IX, LP AT COST 445,118 731,581
CORMORANT PRIVATE HEALTHCARE FUND II, LP AT COST 468,393 562,263
CVP TOWSON ROW, LLC AT COST 52,631 54,813
ENCAP ENERGY CAPITAL FUND XI-C, LP AT COST 1,266,793 1,562,669
HARVEST MLP INCOME FUND II, LLC AT COST 1,258,479 1,408,789
INDUSTRY VENTURES PARTNERSHIP HOLDINGS V, LP AT COST 408,840 914,279
AWD CAVES INVESTORS, LLC AT COST 55,157 1,400
MATHEYS LANE BERKSHIRE INVESTORS LLC AT COST 5,680 48,085
MATHEYS LANE COPLEY ASIA II INVESTORS, LLC AT COST 209,033 233,947
MATHEYS LANE COPLEY ASIA III INVESTORS, LLC AT COST 397,010 666,026
MATHEYS LANE CB VIII INVESTORS LLC AT COST 138,845 189,711
MATHEYS LANE COPLEY X INVESTORS LLC AT COST 198,877 212,885
MATHEYS LANE COPLEY XI INVESTORS, LLC AT COST 140,890 176,118
MATHEYS LANE K VIII INVESTORS, LLC AT COST 19,315 19,208
MATHEYS LANE NAUTIC VI INVESTORS LLC AT COST 55,355 33,963
MATHEYS LANE NAUTIC VII INVESTORS AT COST 119,076 294,879
MATHEYS LANE NAUTIC VIII INVESTORS LLC AT COST 273,304 348,528
MATHEYS LANE THL INVESTORS LLC AT COST 5,446 0
BAIN CAPITAL STRATEGIES AT COST 0 30,183
WHALE ROCK FLAGSHIP FD LTD AT COST 500,000 326,884
CORMORANT GLOBAL HEALTHCARE OFFS AT COST 500,000 436,054
DURABLE CAPITAL OFFSHORE FUND AT COST 750,000 922,598
EAGLE POINT CREDIT NON-US AT COST 1,433,732 1,448,565
SARISSA CAPITAL OFFSHORE FUND AT COST 600,000 786,624
AKO EUROPEAN LONG-ONLY PARTNERS AT COST 813,355 808,015
CANYON SUMMITS AT COST 122,298 150,000
CB OP AGGREGATOR III AT COST 12,888 19,779
CB OP AGGREGATOR V AT COST 18,693 28,688
CRESCENT DINER HOLDINGS LTD. AT COST 150,474 425,840
KNIGHTHEAD DISTRESSED AT COST 635,234 925,764
PARTHENON INVESTORS VI PARALLEL AT COST 155,593 205,618
RIDGEWOOD ENERGY OIL & GAS IV AT COST 450,112 758,305
CORMORANT PRIVATE HC FUND III AT COST 500,000 611,901
CB OFFSHORE CRED OPP FUND II AT COST 284,284 272,677
BAIN CAPITAL ASIA FUND IV AT COST 529,633 698,937
AURORA EQUITY PARTNERS VI-A AT COST 203,875 285,438
CB OP AGGREGATOR VII AT COST 37,597 57,699
CB OP AGGREGATOR V-B AT COST 2,007 3,080
CB OP AGGREGATOR VI AT COST 7,994 12,268
PROVIDENCE STRATEGIC GROWTH EUROPE LP AT COST 321,475 424,534
CORMORANT PRIVATE HEALTHCARE IV AT COST 99,868 124,883
CROSSPOINT CAPITAL FUND I AT COST 249,961 281,697
KNIGHTHEAD INSURANCE FUND I AT COST 250,792 312,610
NAUTIC PARTNERS X AT COST 47,062 54,464
PRIVATE EQUITY VIII - BUYOUTS AT COST 46,352 50,316
PRIVATE EQUITY VIII - VENTURE GROWTH AT COST 40,189 36,366
BAIN CAPITAL JAPAN MIDDLE MARKET FUND LP AT COST 0 20,286

TY 2022 OtherAssetsSchedule
Name:
THE CHARLESMEAD FOUNDATION
EIN:
52-1550204
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PROGRAM RELATED LOANS 372,409 461,149 576,649
ACCRUED DIVIDEND REC 21,391 21,391 0


TY 2022 OtherDecreasesSchedule
Name:
THE CHARLESMEAD FOUNDATION
EIN:
52-1550204
Description Amount
TIMING DIFFERENCE 566,555


TY 2022 OtherExpensesSchedule
Name:
THE CHARLESMEAD FOUNDATION
EIN:
52-1550204
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 2,815 1,408   1,407
INVESTMENT EXPS FROM PARTNERSHIPS 282,053 281,973   80
OTHER STATE FEES 316 0   0
MISC EXP 25 0   0


TY 2022 OtherIncomeSchedule2
Name:
THE CHARLESMEAD FOUNDATION
EIN:
52-1550204
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
CB AGGREGATOR I, LP -3,705 -3,705 -3,705
CB AGGREGATOR II, LP -119 -119 -119
CHARLESBANK EQUITY FUND IX, LP -6,773 -6,773 -6,773
CVP TOWSON ROW 1,427 1,427 1,427
HARVEST MLP INCOME FUND II LLC 333,817 333,817 333,817
AWD CAVES INVESTORS LLC 4,454 4,454 4,454
MATHEYS LANE COPLEY ASIA III INVESTORS LLC -1,239 -1,239 -1,239
MATHEYS LANE CB VIII INVESTORS LLC -1,454 -1,454 -1,454
MATHEYS LANE COPLEY XI INVESTORS LLC -214 -214 -214
MATHEYS LANE K VIII INVESTORS LLC -2 -2 -2
MATHEYS LANE NAUTIC VI INVESTORS LLC 1,542 1,542 1,542
MATHEYS LANE NAUTIC VII INVESTORS LLC 11,064 11,064 11,064
MATHEYS LANE NAUTIC VIII INVESTORS LLC 1,174 1,174 1,174
CB OP AGGREGATOR III, LP -1,560 -1,560 -1,560
CB OP AGGREGATOR V, LP -1,417 -1,417 -1,417
MATHEYS LANE COPLEY X INVESTORS, LLC 3,314 3,314 3,314
AKO EUROPEAN LONG-ONLY PARTNERS, L.P. -58,823 -58,823 -58,823
CANYON SUMMITS LLC -7,783 -7,783 -7,783
RIDGEWOOD ENERGY OIL & GAS IV 40,000 40,000 40,000
PROVIDENCE STRATEGIC GROWTH EUROPE -104 -104 -104
CB OP AGGREGATOR VI, L.P. -839 -839 -839
INDUSTRY VENTURES PARTERNSHIP -19 -19 -19
NAUTIC PARTNERS X 1,368 1,368 1,368
PRIVATE EQUITY VIII - BUYOUTS -757 -757 -757
PRIVATE EQUITY VIII - VENTURE GROWTH 17 17 17


TY 2022 OtherProfessionalFeesSchedule
Name:
THE CHARLESMEAD FOUNDATION
EIN:
52-1550204
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 187,500 93,750   93,750


TY 2022 TaxesSchedule
Name:
THE CHARLESMEAD FOUNDATION
EIN:
52-1550204
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 14,371 14,371   0
TAX PAYMENTS 8,278 0   0