| Category | Amount |
|---|---|
| NONE | 0 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| STATEMENTS REGARDING ACTIVITIES FOR WHICH FORM 4720 MAY BE REQUIRED | FORM 990PF, PART VII-B | QUESTION 1 A(3)EMPLOYEES OF RIGGS, COUNSELMAN, MICHAELS & DOWNES, INC. PROVIDE SERVICES SUCH AS ACCOUNTING, BOOKKEEPING, ADMINISTRATIVE SERVICES TO THE RCM&D FOUNDATION AT NO CHARGE. |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ARTISAN INTERNATIONAL VALUE ADVISOR - COUNSELMAN ACCT BAL | AT COST | 0 | 51,424 |
| BROWN ADVISORY INTERMEDIATE INCOME - COUNSELMAN ACCT BAL. | AT COST | 294,498 | 273,656 |
| BROWN ADVISORY INTERMEDIATE INCOME - FUND ACCT BAL. | AT COST | 870,529 | 810,419 |
| BROWN ADVISORY SM CP FUNDAMENTAL VAL - COUNSELMAN ACCT BAL. | AT COST | 37,119 | 59,998 |
| BROWN ADVISORY SM CP FUNDAMENTAL VAL - FUND ACCT BAL. | AT COST | 115,567 | 200,411 |
| BROWN ADVISORY SUSTAINABLE GROWTH - COUNSELMAN ACCT BAL. | AT COST | 57,869 | 155,137 |
| BROWN ADVISORY SUSTAINABLE GROWTH - FUND ACCT BAL. | AT COST | 182,100 | 493,086 |
| ISHARES CORE MSCI EMERGING MARKETS ETF - COUNSELMAN ACCT BAL. | AT COST | 63,475 | 65,996 |
| ISHARES CORE MSCI EMERGING MARKETS ETF - FUND ACCT BAL. | AT COST | 211,507 | 217,391 |
| ISHARES MSCI ACWI EX US ETF - COUNSELMAN ACCT BAL. | AT COST | 39,422 | 46,663 |
| ISHARES MSCI ACWI EX US ETF - FUND ACCT BAL. | AT COST | 122,948 | 153,336 |
| ISHARES S&P 500 ETF - COUNSELMAN ACCT BAL. | AT COST | 126,024 | 308,604 |
| ISHARES S&P 500 ETF - FUND ACCT BAL. | AT COST | 392,680 | 961,032 |
| BROWN ADVISORY GDMAN LRG CAP - COUNSELMAN ACCT BAL. | AT COST | 102,943 | 153,976 |
| BROWN ADVISORY SM CAP GROWTH - COUNSELMAN ACCT BAL. | AT COST | 77,340 | 94,548 |
| BROWN ADVISORY SM CAP GROWTH - FUND ACCT BAL. | AT COST | 271,208 | 337,092 |
| BROWN ADVISORY GDMAN LRG CAP - FUND ACCT BAL. | AT COST | 324,921 | 488,743 |
| ARTISAN INTERNATIONAL FUND - FUND ACCT BAL. | AT COST | 129,180 | 167,946 |
| LAZARD CL LIST INTRASTR - COUNSELMAN ACCT BAL. | AT COST | 22,067 | 21,478 |
| LAZARD CL LIST INTRASTR - FUND ACCT BAL. | AT COST | 75,177 | 73,154 |
| ISHARES CORE SP SMALL CAP - FUND ACCT BAL. | AT COST | 192,168 | 202,473 |
| ISHARES CORE SP SMALL CAP - COUNSELMAN ACCT BAL. | AT COST | 53,935 | 56,918 |
| ARTISAN HIGH INCOME FUND - FUND ACCT BAL. | AT COST | 85,500 | 87,584 |
| ARTISAN HIGH INCOME FUND - COUNSELMAN ACCT BAL. | AT COST | 36,500 | 37,250 |
| ARTISAN INTERNATIONAL FUND - COUNSELMAN ACCT BAL. | AT COST | 39,794 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 6,600 | 0 | 0 | 0 |
| INTEREST EXPENSE | 154 | 0 | 0 | 0 |
| INVESTMENT MANAGEMENT FEES | 18,110 | 0 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| FEDERAL EXCISE TAX PAYABLE | 854 | 2,506 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 3,419 | 0 | 0 | 0 |