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
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
Akonadi Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)436 14th Street 1417
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Oakland, CA94612
A Employer identification number

94-3329873
B Telephone number (see instructions)

(510) 663-3867
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$37,886,292J Accounting method:
Modified Cash
(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) 4,040,520
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 474,779 474,779  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 452,196
b Gross sales price for all assets on line 6a 15,722,439
7 Capital gain net income (from Part IV, line 2)... 2,380,254
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
-158,098 -275,247  
12 Total. Add lines 1 through 11........ 4,809,397 2,579,786  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 523,062     523,062
14 Other employee salaries and wages...... 521,550     521,550
15 Pension plans, employee benefits....... 182,998     193,101
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
1,324     1,324
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,200     5,200
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
613,124 213,972   398,954
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
26,771 8,432    
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
103    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 180,541     167,156
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
219,160 670   215,787
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,273,833 223,074   2,026,134
25 Contributions, gifts, grants paid....... 3,036,300 3,936,300
26 Total expenses and disbursements. Add lines 24 and 25 5,310,133 223,074   5,962,434
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -500,736
b Net investment income (if negative, enter -0-) 2,356,712
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 428,663 301,358 301,358
2 Savings and temporary cash investments......... 2,461,854 1,832,602 1,832,602
3 Accounts receivable right arrow19,499
Less: allowance for doubtful accounts right arrow     19,499 19,499
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 arrow431,943
Less: allowance for doubtful accounts right arrow   397,047 Click to see attachment
List of Attached Documents:
// Content
431,943 		431,943
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 3,780 16,064 16,064
10a Investments—U.S. and state government obligations (attach schedule) 3,428,639 Click to see attachment
List of Attached Documents:
// Content
3,587,821 		3,441,057
b Investments—corporate stock (attach schedule)....... 9,733,941 Click to see attachment
List of Attached Documents:
// Content
9,092,959 		11,833,765
c Investments—corporate bonds (attach schedule)....... 3,320,631 Click to see attachment
List of Attached Documents:
// Content
3,268,381 		3,354,029
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).......... 14,049,088 Click to see attachment
List of Attached Documents:
// Content
13,727,895 		16,535,676
14 Land, buildings, and equipment: basis right arrow24,355
Less: accumulated depreciation (attach schedule) right arrow6,086 18,372 Click to see attachment
List of Attached Documents:
// Content
18,269 		18,269
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
85,262 		Click to see attachment
List of Attached Documents:
// Content
102,030 		Click to see attachment
List of Attached Documents:
// Content
102,030
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 33,927,277 32,398,821 37,886,292
Liabilities 17 Accounts payable and accrued expenses.......... 4,903 14,589
18 Grants payable................. 900,000  
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
209,213 		Click to see attachment
List of Attached Documents:
// Content
93,530
23 Total liabilities (add lines 17 through 22)......... 1,114,116 108,119
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........... 32,813,161 32,290,702
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 32,813,161 32,290,702
30 Total liabilities and net assets/fund balances (see instructions). 33,927,277 32,398,821
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
32,813,161
2
Enter amount from Part I, line 27a .....................
2
-500,736
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
32,312,425
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
21,723
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
32,290,702
Form 990-PF (2023)
Form 990-PF (2023)
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 Sales of Publicly Traded Securities P 2000-01-01 2023-12-31
b Capital Gain Distributions P 2000-01-01 2023-12-31
c Realized Gain/Loss from Partnerships P 2000-01-01 2023-12-31
d Sales of Donated Securities D 2000-01-01 2023-12-31
e
(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 11,573,802   11,029,773 544,029
b 89,288     89,288
c     162,293 -162,293
d 4,059,349   2,150,119 1,909,230
e
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       544,029
b       89,288
c       -162,293
d       1,909,230
e
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 2,380,254
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  
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 32,758
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  
3 Add lines 1 and 2........................... 3 32,758
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 32,758
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 15,000
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 30,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 45,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8  
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 12,242
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow12,242 Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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 arrowCA
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 2023 or the taxable year beginning in 2023? 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
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 arrowAkonadi.org
14
The books are in care ofright arrowQuinn Delaney Telephone no.right arrow (510) 663-3867

Located atright arrow436 14th Street Suite 1417OaklandCA ZIP+4right arrow94612
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 2023, 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
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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)
Yes
 
(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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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
Quinn DelaneyClick to see attachment
List of Attached Documents:
// Content
Trustee
25.00 		0    
436 14th Street Suite 1417
Oakland,CA94612
Wayne Jordan Sec/Trustee
2.00 		0    
436 14th Street Suite 1417
Oakland,CA94612
Lateefah Simon Director
40.00 		0    
436 14th Street Suite 1417
Oakland,CA94612
Rayond Colmenar President
40.00 		429,217 93,845  
436 14th Street Suite 1417
Oakland,CA94612
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
Fatimah Al-Amin Prog. Assist.
40.00 		135,457 30,419  
436 14th Street 1417
Oakland,CA94612
Shana Lancaster Proj Coodinator
40.00 		57,692 13,468  
436 14th Street 1417
Oakland,CA94612
Demetria Huntsman Prog. Assist.
40.00 		57,212 15,822  
436 14th Street 1417
Oakland,CA94612
Cecilia Chen Prog. Assist.
40.00 		277,202 74,028  
436 14th Street 1417
Oakland,CA94612
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
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
Change Consulting Consulting 105,000
PO Box 10453
Oakland,CA94610
RBC Dain Rauscher Investment Mgmt 213,972
345 California Street Floor 28
San Francisco,CA94104
Be the Change Consulting LLC Consulting 65,250
2744 East 11th Street Suite A1
Oakland,CA94601
Shana Lancaster Consulting 63,000
350 Vernon Ave 305
Oakland,CA94610
RDP Consulting Learning and Evaluation 138,028
3708 Roxbury Lane
Hayward,CA94542
Total number of others receiving over $50,000 for professional services.............right arrow  
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 arrow  
Form 990-PF (2023)
Form 990-PF (2023)
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
22,261,192
b
Average of monthly cash balances.......................
1b
2,009,846
c
Fair market value of all other assets (see instructions)................
1c
11,368,341
d
Total (add lines 1a, b, and c).........................
1d
35,639,379
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
 
3
Subtract line 2 from line 1d.........................
3
35,639,379
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
534,591
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
35,104,788
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,755,239
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
1,755,239
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
32,758
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
32,758
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,722,481
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,722,481
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,722,481
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
5,962,434
b
Program-related investments—total from Part VIII-B..................
1b
 
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
5,962,434
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 1,722,481
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 3,387,895
b From 2019...... 3,357,505
c From 2020...... 4,366,864
d From 2021...... 3,600,527
e From 2022...... 3,720,471
f Total of lines 3a through e ........ 18,433,262
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 5,962,434
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 1,722,481
e Remaining amount distributed out of corpus 4,239,953
5 Excess distributions carryover applied to 2023.    
(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 22,673,215
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		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) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		3,387,895
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		19,285,320
10 Analysis of line 9:
a Excess from 2019.... 3,357,505
b Excess from 2020.... 4,366,864
c Excess from 2021.... 3,600,527
d Excess from 2022.... 3,720,471
e Excess from 2023.... 4,239,953
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, 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) 2023 (b) 2022 (c) 2021 (d) 2020
         
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).)
Quinn Delaney
Wayne Jordan
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 (2023)
Form 990-PF (2023)
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
See Statement


See Statement
See Statement,CA94612 		See Statement PC See Statement 3,936,300
Total .................................right arrow 3a 3,936,300
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
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 ....     14 474,779  
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 ............ 		    18 452,196  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOther Investment Income 		    14 31,610  
bPartnership Income 900099 -533 14 -304,858  
cTax Reclaim         115,683
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -533 653,727 115,683
13Total. Add line 12, columns (b), (d), and (e)..................
13
768,877
(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.)
11c Tax adjustment for excise tax provision.
Form 990-PF (2023)
Form 990-PF (2023)
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 (2023)
Additional Data


Software ID: 23017517
Software Version: 2023v5.1


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
2023
Name of the organization
Akonadi Foundation
 
Employer identification number

94-3329873
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) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
Akonadi Foundation
  		Employer identification number
94-3329873
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
Wayne Jordan and Quinn Delaney
436 14th St 1417
 
Oakland, CA94612

$ 4,040,520


(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) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
Akonadi Foundation
  		Employer identification number

94-3329873
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
1
 See Statement Attached. $ 4,040,520 2023-11-21
(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) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
Akonadi Foundation
  		Employer identification number

94-3329873
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) (2023)
Additional Data


Software ID: 23017517
Software Version: 2023v5.1

TY 2023 AccountingFeesSchedule
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Tax Preparation 5,200 0 0 5,200

TY 2023 ContractorCompensationExpln
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
23017517
Software Version:
2023v5.1
Contractor Explanation
Shana Lancaster  

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

TY 2023 DepreciationSchedule
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
23017517
Software Version:
2023v5.1
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
Office Equipment 2019-01-01 500 213 SL 7.0000 71      
Office Equipment 2020-01-01 224 96 SL 7.0000 32      

TY 2023 InvestmentsCorpBondsSchedule
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
23017517
Software Version:
2023v5.1
Name of Bond End of Year Book Value End of Year Fair Market Value
UNITEDHEALTH GROUP INC, 3.85% 33,898 34,260
BANK OF NEW YORK MELLON, 3.442% 32,756 32,736
APPLE INC, 3.2% 32,233 31,953
VERIZON COMMUNICATIONS, 4.329% 27,528 24,758
LOWES COS INC, 3.375% 25,098 24,375
AT&T INC, 4.35% 20,190 19,756
CALVERT SOCIAL INVT 4.0% 496,250 500,000
EXPRESS SCRIPTS HLDG, 4.75% 27,239 26,690
NASDAQ OMX GROUP, 3.850% 32,147 31,189
JEFFERIES GROUP LLC, 4.85% 35,604 33,860
ARROW ELECTRONICS, 3.5% 33,328 32,403
TJX COS INC, 2.25% 29,993 31,182
AMGEN INC, 2.2% 36,083 32,566
ABBVIE INC, 3.2% 32,573 28,079
GENERAL MILLS INC, 4.2% 10,135 9,849
HOME DEPOT INC, 2.8% 32,891 33,293
CAPITAL IMPACT PARTNERS INVT, 5.0% 99,550 95,040
BOSTON PPTYS LTD, 3.8% 15,003 14,972
UNITED PARCEL SVC, 3.4% 30,130 29,023
AMERICAN TOWER CORP, 4.4% 31,254 30,617
SEAGATE HDD, 4.875% 31,034 31,393
REINVESTMENT FD INC, 3.7% 29,897 29,078
MILL CITY SOLAR, 4.34% 10,751 9,851
J P MORGAN CHASE & CO, 3.625% 34,629 31,706
PRUDENTIAL FINL INC, 1.5% 10,062 9,322
PROLOGIS, 1.25% 24,582 20,234
WESTINGHOUSE AIR BRAKE, 4.4% 33,365 30,680
EXPEDIA INC, 5.0% 32,711 32,974
HCA INC, 4.5% 32,633 29,606
SIMON PROPERTY GROUP, 3.375% 29,850 29,534
ANHEUSER BUSCH, 3.65% 30,951 29,447
WALT DISNEY CO, 2.0% 48,895 44,383
INTEL CORP, 2.45% 35,896 31,535
LINCOLN NATL CORP, 3.05% 10,632 8,846
UNION PACIFIC CORP, 2.4% 28,978 26,756
PROLOGIS, 1.25% 18,967 16,187
ALEXANDRIA REAL ESTATE, 4.9% 17,708 15,043
SOUTHWEST AIRLINES CO, 5.25% 32,567 30,994
EBAY, 3.6% 34,824 31,925
VMWARE, 3.9% 33,103 30,021
UNITED RENTALS N AM, 3.875% 33,782 31,487
J P MORGAN CHASE & CO, 6.07% 2,000 2,058
SILGAN HOLDINGS, 4.125% 34,583 32,471
CDW LLC, 3.25% 37,370 33,833
BROADCOM CORP, 4.75% 34,476 31,098
PNC FINANCIAL SVCS, 1.15% 9,981 9,109
VERIZON COMMUNICATIONS, 3.875% 16,272 14,557
MOSAIC SOLAR, 3.82% 29,095 24,930
CARRIER GLOBAL CORP, 2.242 Sh 9,964 9,692
TORONTO DOMINION BANK, 0.75% 4,000 4,080
AMERICAN TOWER CORP, 3.125% 15,647 14,186
MORGAN STANLEY, 1.593% 24,681 23,045
STARBUCKS, 3.5% 5,286 4,813
GOLDMAN SACHS GROUP, 3.691% 32,210 28,684
EQUINIX INC, 3.2% 9,271 8,277
KEURIG DR PEPPER, 2.25% 34,707 29,832
J P MORGAN CHASE & CO, 2.58% 43,147 36,439
WESTPAC BANK 5.35% 19,989 20,027
BANK OF NOVA SCOTIA 3.45% 34,724 34,249
CANADIAN NATIONAL RAILWAY, 1.75% 9,681 9,225
MARSH & MCLENNAN 3.875% 20,023 199,917
AMERICAN EXPRESS CO 3.95% 20,016 19,679
AIR PRODS & CHEMS INC 1.85% 23,912 23,060
COMCAST CORP, 4.65% 25,341 26,140
CVS, 3.25% 19,719 18,645
BANK OF NOVA SCOTIA 2.951% 30,353 31,213
CENTENE CORP, 4.25% 29,981 31,810
ENCOMPASS HEALTH CORP, 4.5% 31,806 33,493
LAMAR MEDIA CORP, 3.75% 32,490 33,835
JOHN DEERE CAP CORP, 4.35% 33,942 34,004
MICROCHIP TECHNOLOGY, 4.25% 32,241 32,509
AMERICAN EXPRESS CO 4.2% 30,305 30,639
AUTOZONE INC, 3.125% 35,798 34,599
UNITEDHEALTH GROUP INC, 3.45% 31,845 32,153
ROYAL BANK CANADA, 6.00% 17,590 17,823
VERISIGN INC, 4.75% 30,636 30,756
BANK OF NEW YORK MELLON, 4.414% 19,439 19,791
TRIMBLE INC, 4.9% 28,440 26,149
NORTHERN TRUST, 3.65% 34,728 31,917
KEYSIGHT TECHNOLOGIES, 3.0% 31,748 28,212
LOANPAL SOLAR, 2.29% 15,443 12,169
BANK OF AMERICA, 6.204% 11,000 11,481
ERP OPER LTD, 4.15% 18,534 16,686
AMERICAN EXPRESS CO 4.05% 15,698 15,855
ALPHABET INC, 1.1% 21,113 20,742
GENERAL MOTORS CO, 5.6% 25,890 27,664
PROLOGIS, 4.625% 27,339 28,177
SYSCO CORP, 2.4% 15,081 15,902
TORONTO DOMINION BANK, 0.75% 34,637 34,637
ASTRAZENECA FINANCE, 4.875% 20,308 20,408
COMCAST CORP, 4.15% 26,081 24,673
MASTERCARD INC, 4.85% 20,309 20,690
CAPITAL IMPACT PARTNERS INVT, 4.9% 64,513 65,006
VONTIER CORP, 2.95% 32,656 34,533
SMUCKER JM CO, 3.5% 26,197 26,476
FISERV INC, 3.85% 26,354 26,494
MEAD JOHNSON NUTRITION, 4.125% 25,737 25,645
ROYAL BANK CANADA, 3.625% 31,746 31,917
SCHWABCHARLES , 5.643% 32,525 33,878
MORGAN STANLEY, 5.449% 32,261 33,655
REINSURANCE GROUP AM, 3.15% 34,421 35,950
KYNDRYL HOLDINGS, 3.15% 33,401 36,839

TY 2023 InvestmentsCorpStockSchedule
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
23017517
Software Version:
2023v5.1
Name of Stock End of Year Book Value End of Year Fair Market Value
ACI WORLDWIDE INC , 554 Sh 18,889 16,952
DOLBY LABORATORIES INC, 368 Sh 31,266 31,714
EMCOR GROUP INC, 161 Sh 15,869 34,684
GRACO INC, 349 Sh 23,433 30,279
OLD DOMINION FREIGHT LINES INC, 184 Sh 38,719 74,581
POWER INTEGRATIONS INC, 292 Sh 25,082 23,976
AIA GROUP LTD, 1,555 Sh 66,843 54,206
ALFA LAVAL AB, 1,396 Sh 30,983 55,879
ALLIANZ SE, 5,482 Sh 121,867 146,517
AMBEV S A, 12,623 Sh 27,993 35,344
ATLAS COPCO ABSPONSORED, 4,002 Sh 39,331 68,918
BANCO BILBAO VIZCAYA, 7,467 Sh 28,416 68,024
CANADIAN NATIONAL RAILWAY, 488 Sh 43,592 61,307
DASSAULT SYSTEMS S A, 1,923 Sh 71,157 93,965
DBS GROUP HOLDINGS LTD, 1,061 Sh 70,366 107,492
HDFC BK LTD, 912 Sh 45,281 61,204
ICICI BANK LTD, 1,686 Sh 18,139 40,194
INFINEON TECHNOLOGIES AG, 3,183 Sh 85,522 132,909
KOMATSU LTD, 1,754 Sh 36,959 45,885
SAP SE, 621 Sh 77,988 96,000
ALPHABET INC, 1,531 Sh 98,006 215,764
AMAZON.COM INC, 1,264 Sh 75,757 192,052
APPLE INC, 1,085 Sh 169,428 208,895
BLACKROCK INC, 93 Sh 49,584 75,497
MICROSOFT CORP, 675 Sh 102,679 253,827
NIKE INC, 1,522 Sh 90,243 165,244
S&P GLOBAL INC, 316 Sh 69,594 139,204
VISA INC, 880 Sh 118,539 229,108
MEDTRONIC PLC, 1,320 Sh 106,899 108,742
CME GROUP INC, 353 Sh 70,602 74,342
TARGET CORP, 838 Sh 59,062 119,348
TAIWAN SEMICONDUCTOR MFG, 1,164 Sh 83,852 121,056
AKAMAI TECHNOLOGIES, 1,478 Sh 96,617 174,921
ALPHABET INC, 1,246 Sh 150,736 175,599
COOPER COMPANIES INC, 332 Sh 63,652 125,642
HCA HEALTHCARE INC, 520 Sh 49,881 140,754
HOME DEPOT INC, 515 Sh 73,995 178,473
MCCORMICK & CO INC, 1,125 Sh 64,751 76,973
MICROSOFT CORP, 415 Sh 41,937 156,057
PEPSICO INC, 657 Sh 73,235 111,585
PROCTER & GAMBLE, 935 Sh 74,171 137,015
UNITED PARCEL SVC INC, 811 Sh 90,201 127,514
VISA INC, 658 Sh 68,438 171,310
NETFLIX INC, 349 Sh 133,944 169,921
NVIDIA CORP, 362 Sh 72,418 179,270
TESLA INC, 610 Sh 31,820 151,573
ETSY INC, 395 Sh 54,773 32,015
FOMENTO ECONOMICO, 915 Sh 68,576 119,270
YANDEX, 599 Sh 27,544  
A O SMITH CORPORATION, 550 Sh 31,753 45,342
COGNEX CORP, 456 Sh 25,008 19,033
IRHYTHM TECHNOLOGIES INC, 201 Sh 13,747 21,515
MOLINA HEALTHCARE, 123 Sh 23,006 44,441
NEW YORK TIMES, 859 Sh 30,224 36,938
NORDSON CORP, 158 Sh 32,980 41,737
VERACYTE INC, 366 Sh 10,954 10,069
SCHNEIDER ELECTRIC, 1,812 Sh 36,296 72,772
TENCENT HOLDINGS, 872 Sh 50,946 32,787
ROCKWELL AUTOMATION, 409 Sh 87,475 126,986
SPLUNK INC, 263 Sh 34,434 40,068
ALCON INC, 707 Sh 45,833 55,231
NVIDIA CORP, 353 Sh 13,925 174,813
AMGEN INC, 448 Sh 94,749 129,033
ANALOG DEVICES INC, 333 Sh 47,154 66,120
AUTODESK INC, 195 Sh 51,608 47,479
GUARDANT HEALTH, 524 Sh 29,654 14,174
WALT DISNEY CO, 731 Sh 111,609 66,002
ZOETIS INC, 616 Sh 88,315 121,580
GODADDY, 489 Sh 39,874 51,912
HYATT HOTELS, 356 Sh 28,532 46,426
INARI MEDICAL, 218 Sh 15,735 14,153
LITHIA MOTORS, 109 Sh 30,182 35,892
TOPBUILD CORP, 132 Sh 23,306 49,402
ADYEN NV, 3,537 Sh 74,225 45,581
NITORI HOLDINGS CO, 2,473 Sh 42,987 33,118
ADOBE INC, 255 Sh 119,357 152,133
ELI LILLY & CO, 246 Sh 75,364 143,398
MGM RESORTS, 3,191 Sh 138,541 142,574
ABBVIE INC, 477 Sh 71,880 73,921
BLOCK INC, 785 Sh 48,659 60,720
EAGLE BANCORP, 2,744 Sh 150,320 82,704
FORD MOTOR CO, 8,034 Sh 138,562 97,934
INTEL CORP, 2,294 Sh 131,237 115,274
J P MORGAN CHASE & CO, 970 Sh 125,009 164,997
KIMBERLY CLARK CORP, 745 Sh 102,575 90,525
MODERNA INC, 725 Sh 156,331 72,101
AMICUS THERAPEUTICS, 2,651 Sh 27,968 37,618
ARES MANAGEMENT CORP, 345 Sh 26,263 41,027
ATRICURE INC, 483 Sh 32,010 17,238
AVIENT CORP, 397 Sh 18,436 16,503
DECKERS OUTDOOR CORP, 42 Sh 18,027 28,074
ENTEGRIS INC, 495 Sh 55,048 59,311
MONGODB INC, 139 Sh 44,378 56,830
NEUROCRINE BIOSCIENCES, 296 Sh 27,988 39,001
OUTSET MEDICAL INC, 318 Sh 15,226 1,720
REGAL REXNORD CORP, 185 Sh 29,242 27,384
SHOCKWAVE MEDICAL INC, 138 Sh 26,743 26,297
SPRINGWORKS THERAPEUTICS INC, 454 Sh 24,778 16,571
AIR LIQUIDE, 1,316 Sh 42,553 51,206
ARGENX SE, 89 Sh 27,394 33,858
CHUGAI PHARMACEUTICAL, 3,946 Sh 64,615 74,761
HAIER SMART HOME CO, 5,831 Sh 80,596 65,861
LOREAL CO, 1,237 Sh 98,484 123,159
LONZA GROUP, 788 Sh 62,963 33,116
PT TELEKOMUNIKASI, 1,831 Sh 46,581 47,167
ROCHE HOLDINGS LTD, 1,635Sh 82,775 59,372
SHIONOGI & CO, 2,930 Sh 44,031 35,321
SONOVA HOLDINGS, 557 Sh 43,901 36,319
SYMRISE AG, 1,760 Sh 62,290 48,430
SYSMEX CORP, 958 Sh 51,359 26,699
UNICHARM CORP, 6,693 Sh 56,261 48,404
XP INC, 1,103 Sh 34,407 28,755
PING AN INSURANCE, 2,560 Sh 51,196 23,178
DAIFUKIU CO, 3,389 Sh 34,554 34,287
JFROG LTD, 875 Sh 19,573 30,284
MANULIFE FINANCIAL CORP, 4,503 Sh 81,540 99,516
SHIMANO INC, 1,656 Sh 27,554 25,648
SHISEIDO CO, 981 Sh 40,942 29,587
BIOMARIN PHARMACEUTICAL, 376 Sh 33,297 36,254
HUBSPOT INC, 98 Sh 39,266 56,893
KARUNA THERAPEUTICS INC, 130 Sh 23,639 41,146
LATTICE SEMICONDUCTOR, 489 Sh 29,429 33,736
NEXSTAR MEDIA GROUP, 115 Sh 19,569 18,026
TYLER TECHNOLOGIES, 113 Sh 40,031 47,248
GITLAB INC, 683 Sh 38,564 43,002
APTIV PLC, 634 Sh 86,257 56,882
EATON CORP, 754 Sh 113,517 181,578
DEERE & CO, 231 Sh 85,620 92,370
UNITEDHEALTH GROUP INC, 168 Sh 86,490 88,447
BIO TECHNE CORP, 868 Sh 67,562 66,049
IDEXX LABORATORIES CORP, 205 Sh 90,424 113,785
GUARDANT HEALTH, 2,149 Sh 77,602 58,130
APPLE INC, 1,056 Sh 49,422 203,312
SHOPIFY INC, 1,206 Sh 76,359 93,947
CROWDSTRIKE HOLDINGS INC, 390 SH 62,441 99,575
PACCAR INC, 381 Sh 36,066 37,205
THERMO FISHER SCIENTIFIC, 120 SH 67,502 63,695
HUBBELL INC, 383 Sh 114,376 125,980
TRACTOR SUPPLY CO, 253 Sh 55,634 54,403
ABBVIE INC, 907 Sh 111,297 140,558
CREDICORP LTD, 250 Sh 36,532 37,483
RENAISSANCERE HOLDINGS, 81 Sh 17,583 15,876
ASSA AzBLOY, 2,862 Sh 31,965 41,221
BIONTECH SE, 344 Sh 35,758 36,306
GENMAB, 1,326 Sh 56,088 42,220
IMMUNOCORE HLDS, 451 Sh 24,921 30,812
NVENT ELECTRIC, 401 Sh 22,095 23,695
RB GLOBAL, 168 Sh 11,036 11,238
SONY GROUP, 851 Sh 78,708 80,581
XENON PHARMACEUTICALS, 272 Sh 11,290 12,528
HUBBELL INC, 101 Sh 33,726 33,222
KNIGHT SWIFT TRANSPORTATION, 251 Sh 13,082 14,470
LINCOLN ELEC HLDGS, 198 Sh 40,836 43,057
PULTEGROUP INC, 411 Sh 23,140 42,423
RAYMOND JAMES FINANCIAL, 317 Sh 29,757 35,346
ROKU INC, 140 Sh 13,268 12,832
APELLIS PHARMACEUTICALS, 582 Sh 30,742 34,839
BRAZE INC, 315 Sh 16,815 16,736
LANTHEUS HOLDGINGS, 290 Sh 25,738 17,980
OPTION CARE HEALTH, 388 Sh 13,537 13,072
SAREPTA THERAPEUTICS, 204 Sh 26,209 19,672
STIFEL FINANCIAL, 284 Sh 18,570 19,639
TAPESTRY INC, 788 Sh 26,520 29,006
WINGSTOP, 175 Sh 30,028 44,902

TY 2023 InvestmentsGovtObligationsSch
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
23017517
Software Version:
2023v5.1
US Government Securities - End of Year Book Value:

2,839,509
US Government Securities - End of Year Fair Market Value:

2,712,205
State & Local Government Securities - End of Year Book Value:


748,312
State & Local Government Securities - End of Year Fair Market Value:


728,852


TY 2023 InvestmentsOtherSchedule2
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
23017517
Software Version:
2023v5.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
GENERATION IM AT COST 1,610,182 1,834,013
ILLUMEN CAPITAL LP AT COST 532,246 663,185
DOUBLE BOTTOM LINE IV AT COST 1,030,134 1,608,475
GENERATION ASIA GLOBAL FUND AT COST 4,296,564 5,176,479
SJF VENTURES V AT COST 161,467 168,536
REINVENTURE LP AT COST 335,742 520,451
DOUBLE BOTTOM LINE III AT COST 708,221 1,270,554
ILLUMEN CAPITAL II LP AT COST 191,158 191,988
GENERATION IM SUSTAINABLE IV AT COST 366,930 366,930
PAX GLOBAL, 104,825.574 Sh AT COST 1,802,011 2,379,541
ARIEL APPRECIATION, 44,362.825 Sh AT COST 1,959,178 1,736,361
BROWN CAP MGMT, 26,920.125 Sh AT COST 734,062 619,163

TY 2023 LandEtcSchedule2
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
23017517
Software Version:
2023v5.1
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Furniture and Fixtures 24,355 6,086 18,269 18,269


TY 2023 LegalFeesSchedule
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal Fees 1,324 0 0 1,324


TY 2023 OtherAssetsSchedule
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
23017517
Software Version:
2023v5.1
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Accrued Interest 85,262 102,030 102,030


TY 2023 OtherExpensesSchedule
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
23017517
Software Version:
2023v5.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administration Support 24,000     24,000
Bank Service Charges 670 670    
Computers, Phone & Software 56,462     55,370
Insurance 4,096     4,096
IT Support 17,250     17,250
Membership & Subscriptions 7,400     7,323
Office Hardware 6,810     6,313
Office Supplies 17,284     16,247
Poster Project 65,838     65,838
Professional Development 19,350     19,350


TY 2023 OtherIncomeSchedule2
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
23017517
Software Version:
2023v5.1
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Other Investment Income 31,610 31,610  
Partnership Income -305,391 -306,857  
Tax Reclaim 115,683    


TY 2023 OtherLiabilitiesSchedule
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
23017517
Software Version:
2023v5.1
Description Beginning of Year - Book Value End of Year - Book Value
Deferred Excise Tax 150,932 79,205
Excise Tax Payable 58,281 14,325


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

TY 2023 OtherNotesLoansRcvblLongSch
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
23017517
Software Version:
2023v5.1

Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
Feed The Hunger N/A 100,000 391,729 2015-09 2019-02 42 Months 200.00 %   Help Finance Microenterprise    
Red Bay N/A 100,000 40,214 2016-08 2021-08 60 Months 1200.00 %   Capital for Company Growth    

TY 2023 OtherProfessionalFeesSchedule
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
External Communications 116,500 0 0 116,500
Investment Management Fees 213,972 213,972 0 0
Program/Other Consultants 268,728 0 0 268,728
Website Design Fees 13,924 0 0 13,726


TY 2023 TaxesSchedule
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Federal Excise Tax 18,089      
Foreign Taxes Paid on Investments 8,432 8,432    
State Taxes 250