| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX & ACCOUNTING FEES | 4,600 | 2,300 | 2,300 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 2019 LEASEHOLD IMPROVEMENTS | 2019-07-01 | 109,868 | 25,637 | SL | 15.000000000000 | 7,325 | 0 | ||
| 2020 LEASEHOLD IMPROVEMENTS | 2020-09-01 | 104,345 | 17,390 | SL | 15.000000000000 | 6,956 | 0 | ||
| 2021 LEASEHOLD IMPROVEMENTS | 2021-11-01 | 103,876 | 7,791 | SL | 15.000000000000 | 6,925 | 0 | ||
| 2022 LEASEHOLD IMPROVEMENTS | 2022-11-01 | 17,475 | 146 | SL | 15.000000000000 | 1,165 | 0 | ||
| 2023 LEASEHOLD IMPROVEMENTS | 2023-05-17 | 7,695 | SL | 15.000000000000 | 64 | 0 |
| Grantee's Name | Grantee's Address | Grant Date | Grant Amount | Grant Purpose | Amount Expended By Grantee | Any Diversion By Grantee? | Dates of Reports By Grantee | Date of Verification | Results of Verification |
|---|---|---|---|---|---|---|---|---|---|
|
ASPEN SPARK |
900 16TH STREET WASHINGTON,DC20006 |
2021-06-07 | 176,600 | TO CONNECT STUDENTS WITH LEARNING RESOURCES. | 176,600 | N/A | 11/14/22, 10/18/23, 10/9/24 | 2024-10-09 | FUNDS FULLY USED IN ACCORDANCE WITH THE KIMSEY FOUNDATION'S INTENDED PURPOSE. |
|
ASPEN SPARK |
900 16TH STREET WASHINGTON,DC20006 |
2022-12-31 | 75,000 | TO CONNECT STUDENTS WITH LEARNING RESOURCES. | 75,000 | N/A | 10/18/23, 10/09/24 | 2024-10-09 | FUNDS FULLY USED IN ACCORDANCE WITH THE KIMSEY FOUNDATION'S INTENDED PURPOSE. |
|
ASPEN SPARK |
900 16TH STREET WASHINGTON,DC20006 |
2023-12-31 | 80,000 | TO CONNECT STUDENTS WITH LEARNING RESOURCES. | 7,727 | N/A | 10/09/24 | 2024-10-09 | FUNDS USED IN ACCORDANCE WITH THE KIMSEY FOUNDATION'S INTENDED PURPOSE. REMAINDER TO BE USED IN 2024. |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT ACCOUNTS | FMV | 25,317,507 | 25,317,507 |
| GREYCROFT GROWTH FUND | FMV | 1,755,125 | 1,755,125 |
| NBM INVESTMENTS II | FMV | 556,612 | 556,612 |
| RVPII UBTI FEEDER LP | FMV | 1,709,468 | 1,709,468 |
| OTHER RECEIVABLES | FMV | 4,865 | 4,865 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 2019 LEASEHOLD IMPROVEMENTS | 109,868 | 32,962 | 76,906 | |
| 2020 LEASEHOLD IMPROVEMENTS | 104,345 | 24,346 | 79,999 | |
| 2021 LEASEHOLD IMPROVEMENTS | 103,876 | 14,716 | 89,160 | |
| 2022 LEASEHOLD IMPROVEMENTS | 17,475 | 1,311 | 16,164 | |
| 2023 LEASEHOLD IMPROVEMENTS | 7,695 | 64 | 7,631 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 11,654 | 5,827 | 5,827 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK AND SERVICE FEES | 3,953 | 0 | 3,953 | |
| COMPUTER SUPPORT | 19,550 | 0 | 19,550 | |
| DUES AND SUBSCRIPTION | 15,021 | 0 | 15,021 | |
| FEES & LICENSES | 452 | 0 | 452 | |
| INSURANCE | 3,797 | 0 | 3,797 | |
| INVESTMENT MANAGEMENT FEES | 36,194 | 36,194 | 0 | |
| MEALS & ENTERTAINMENT | 3,527 | 0 | 3,527 | |
| OFFICE SUPPLIES | 12,974 | 0 | 12,974 | |
| POSTAGE & DELIVERY | 1,529 | 0 | 1,529 | |
| REPAIRS AND MAINTENANCE | 10,682 | 0 | 10,682 | |
| SECURITY | 602 | 0 | 602 | |
| TELEPHONE AND INTERNET | 16,170 | 0 | 16,170 | |
| WEB MAINTENANCE | 763 | 0 | 763 | |
| PARTNERSHIP EXPENSES | 41,546 | 41,546 | 0 | |
| PODCAST ENGINEERS | 9,586 | 0 | 9,586 | |
| EQUIPMENT RENTAL | 757 | 0 | 757 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| 2022 FEDERAL TAX REFUND | 5,979 | 5,979 | |
| OTHER INCOME - NBM INVESTMENT FUND II, LP | 773 | 773 | 773 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN/(LOSS) | 7,847,951 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| EMPLOYEE 401(K) PAYABLE | 963 | 963 |
| CREDIT CARD PAYABLE | 25,681 | 28,453 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PROFESSIONAL SERVICES | 3,910 | 1,955 | 1,955 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL TAXES | 20,979 | 0 | 0 |