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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
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$40,757,555J 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) 5,051,169
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 494,989 494,989  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,541,193
b Gross sales price for all assets on line 6a 27,832,295
7 Capital gain net income (from Part IV, line 2)... 3,968,503
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
-9,733 -202,699  
12 Total. Add lines 1 through 11........ 7,077,618 4,260,793  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 517,866     517,866
14 Other employee salaries and wages...... 729,150     729,150
15 Pension plans, employee benefits....... 229,554     213,656
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
4,483     4,483
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
36,700     36,700
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
571,390 230,941   340,648
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
91,206 8,494    
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
103    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 96,820     104,198
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
221,979 782   188,686
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,499,251 240,217   2,135,387
25 Contributions, gifts, grants paid....... 4,356,400 3,706,400
26 Total expenses and disbursements. Add lines 24 and 25 6,855,651 240,217   5,841,787
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 221,967
b Net investment income (if negative, enter -0-) 4,020,576
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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............. 301,358 86,985 86,985
2 Savings and temporary cash investments......... 1,832,602 1,500,752 1,500,752
3 Accounts receivable right arrow49,059
Less: allowance for doubtful accounts right arrow   19,499 49,059 49,059
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 arrow399,330
Less: allowance for doubtful accounts right arrow   431,943 Click to see attachment
List of Attached Documents:
// Content
399,330 		399,330
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 16,064 15,018 15,018
10a Investments—U.S. and state government obligations (attach schedule) 3,587,821 Click to see attachment
List of Attached Documents:
// Content
3,646,559 		3,490,831
b Investments—corporate stock (attach schedule)....... 9,092,959 Click to see attachment
List of Attached Documents:
// Content
10,213,607 		13,470,766
c Investments—corporate bonds (attach schedule)....... 3,268,381 Click to see attachment
List of Attached Documents:
// Content
3,305,969 		3,248,898
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).......... 13,727,895 Click to see attachment
List of Attached Documents:
// Content
13,951,532 		18,353,019
14 Land, buildings, and equipment: basis right arrow24,355
Less: accumulated depreciation (attach schedule) right arrow6,189 18,269 Click to see attachment
List of Attached Documents:
// Content
18,166 		18,166
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
102,030 		Click to see attachment
List of Attached Documents:
// Content
124,731 		Click to see attachment
List of Attached Documents:
// Content
124,731
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 32,398,821 33,311,708 40,757,555
Liabilities 17 Accounts payable and accrued expenses.......... 14,589 20,205
18 Grants payable.................   650,000
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
93,530 		Click to see attachment
List of Attached Documents:
// Content
131,237
23 Total liabilities (add lines 17 through 22)......... 108,119 801,442
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........... 32,290,702 32,510,266
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)..... 32,290,702 32,510,266
30 Total liabilities and net assets/fund balances (see instructions). 32,398,821 33,311,708
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
32,290,702
2
Enter amount from Part I, line 27a .....................
2
221,967
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
32,512,669
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
2,403
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
32,510,266
Form 990-PF (2024)
Form 990-PF (2024)
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 2024-12-31
b Capital Gain Distributions P 2000-01-01 2024-12-31
c Realized Gain/Loss from Partnerships P 2000-01-01 2024-12-31
d Sales of Donated Securities D 2000-01-01 2024-12-31
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 22,127,865   21,229,812 898,053
b 156,370     156,370
c 467,525     467,525
d 5,080,535   2,633,980 2,446,555
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       898,053
b       156,370
c       467,525
d       2,446,555
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 3,968,503
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 55,886
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 55,886
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 55,886
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 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 80
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 10,966
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow0 Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
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 2024 or the taxable year beginning in 2024? 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 2024, 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 (2024)
Form 990-PF (2024)
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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
Rayond Colmenar President
40.00 		438,766 79,100  
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 		141,415 30,180  
436 14th Street 1417
Oakland,CA94612
Shana Lancaster Proj Coodinator
40.00 		132,212 25,344  
436 14th Street 1417
Oakland,CA94612
Demetria Huntsman Prog. Assist.
40.00 		187,080 48,393  
436 14th Street 1417
Oakland,CA94612
Cecilia Chen Prog. Assist.
40.00 		285,429 63,834  
436 14th Street 1417
Oakland,CA94612
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
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 124,500
PO Box 10453
Oakland,CA94610
RBC Dain Rauscher Investment Mgmt 230,941
345 California Street Floor 28
San Francisco,CA94104
RDP Consulting Learning and Evaluation 114,851
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 (2024)
Form 990-PF (2024)
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
23,280,128
b
Average of monthly cash balances.......................
1b
1,778,340
c
Fair market value of all other assets (see instructions)................
1c
14,666,848
d
Total (add lines 1a, b, and c).........................
1d
39,725,316
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
39,725,316
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
595,880
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
39,129,436
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,956,472
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
1,956,472
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
55,886
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
55,886
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,900,586
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,900,586
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
1,900,586
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
5,841,787
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
5,841,787
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 1,900,586
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 3,357,505
b From 2020...... 4,366,864
c From 2021...... 3,600,527
d From 2022...... 3,720,471
e From 2023...... 4,239,953
f Total of lines 3a through e ........ 19,285,320
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 5,841,787
a Applied to 2023, 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 2024 distributable amount..... 1,900,586
e Remaining amount distributed out of corpus 3,941,201
5 Excess distributions carryover applied to 2024.    
(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 23,226,521
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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 2019 not
applied on line 5 or line 7 (see instructions) ... 		3,357,505
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		19,869,016
10 Analysis of line 9:
a Excess from 2020.... 4,366,864
b Excess from 2021.... 3,600,527
c Excess from 2022.... 3,720,471
d Excess from 2023.... 4,239,953
e Excess from 2024.... 3,941,201
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
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 (2024)
Form 990-PF (2024)
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 3,706,400
Total .................................right arrow 3a 3,706,400
bApproved for future payment
Asian Pacific Environmental Network

426 17th St 500
Oakland,CA94612 		N/A PC General Support for Asian Pacific Environmental Network 200,000
Parent Voices Oakland

580 2nd St Ste 210
Oakland,CA94607 		N/A PC General Support for Parent Voices Oakland 200,000
Silicon Valley Community Foundation

444 Castro Street Suite 140
Mountain View,CA94041 		N/A PC Project support for California Black Freedom Fund 50,000
Urban Peace Movement

414 13th St Suite 200
Oakland,CA94612 		N/A PC General Support for Urban Peace Movement 200,000
Total ................................. right arrow 3b 650,000
Form 990-PF (2024)
Form 990-PF (2024)
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 ....     14 494,989  
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 1,541,193  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOther Investment Inc 		    14 3,070  
bPartnership Income 900099 -2,361 14 -10,623  
cTax Reclaim         181
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -2,361 2,028,629 181
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,026,449
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID: 24020490
Software Version: 2024v5.2


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
Akonadi Foundation
 
Employer identification number

94-3329873
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
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
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
Akonadi Foundation
  		Employer identification number
94-3329873
Part I
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

$ 5,051,169


(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
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 $ 5,051,169  
(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
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.) $  
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) (Rev. 1-2025)
Additional Data


Software ID: 24020490
Software Version: 2024v5.2

TY 2024 AccountingFeesSchedule
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Auditing 31,600 0 0 31,600
Tax Preparation 5,100 0 0 5,100

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

TY 2024 DepreciationSchedule
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
24020490
Software Version:
2024v5.2
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 2019-01-01 500 284 SL 7.0000 71      
Office Equipment 2020-01-01 224 128 SL 7.0000 32      

TY 2024 InvestmentsCorpBondsSchedule
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
24020490
Software Version:
2024v5.2
Name of Bond End of Year Book Value End of Year Fair Market Value
UNITEDHEALTH GROUP INC, 3.85% 33,898 34,015
BANK OF NEW YORK MELLON, 3.442% 34,689 35,081
APPLE INC, 3.35% 36,504 34,826
VERIZON COMMUNICATIONS, 4.329% 27,010 24,531
LOWES COS INC, 3.375% 25,041 24,764
AT&T INC, 4.35% 20,156 19,577
CALVERT SOCIAL INVT, 4.0% 496,250 500,000
NASDAQ OMX GROUP, 3.850% 36,047 35,572
JEFFERIES GROUP LLC, 4.85% 35,283 35,064
ARROW ELECTRONICS, 3.5% 36,528 35,200
AMGEN INC, 2.2% 35,741 33,189
ABBVIE INC, 3.2% 32,152 27,838
GENERAL MILLS INC, 4.2% 10,106 9,792
HOME DEPOT INC, 2.8% 32,891 33,532
CAPITAL IMPACT PARTNERS INVT, 5.0% 99,550 99,150
UNITED PARCEL SVC, 3.4% 30,107 28,483
AMERICAN TOWER CORP, 4.4% 35,124 34,820
SEAGATE HDD, 4.875% 35,020 35,466
REINVESTMENT FD INC, 3.7% 29,897 29,937
MILL CITY SOLAR, 4.34% 9,496 8,704
J P MORGAN CHASE & CO, 3.625% 37,141 34,975
PROLOGIS, 1.25% 24,582 20,488
WESTINGHOUSE AIR BRAKE, 4.4% 36,883 34,661
SIMON PROPERTY GROUP, 3.375% 28,522 29,173
WALT DISNEY CO, 2.0% 48,895 44,476
UNION PACIFIC CORP, 2.4% 28,978 26,629
PROLOGIS, 1.25% 18,967 16,391
ALEXANDRIA REAL ESTATE, 4.9% 17,340 14,768
EBAY, 3.6% 37,242 35,112
VMWARE, 3.9% 37,445 35,189
UNITED RENTALS N AM, 3.875% 36,497 34,489
J P MORGAN CHASE & CO, 6.07% 42,969 42,976
SILGAN HOLDINGS, 4.125% 37,306 35,313
CDW LLC, 3.25% 38,218 35,006
VERIZON COMMUNICATIONS, 3.875% 16,033 14,467
MOSAIC SOLAR, 3.82% 24,524 21,187
TORONTO DOMINION BANK, 5.264% 4,000 4,042
AMERICAN TOWER CORP, 3.125% 15,437 14,512
MORGAN STANLEY, 1.593% 24,681 23,965
STARBUCKS, 3.5% 5,219 4,823
GOLDMAN SACHS GROUP, 3.691% 31,725 29,143
EQUINIX INC, 3.2% 9,228 8,273
KEURIG DR PEPPER, 2.25% 34,707 29,626
J P MORGAN CHASE & CO, 2.58% 43,131 36,894
BANK OF NOVA SCOTIA, 3.45% 34,724 34,860
CANADIAN NATIONAL RAILWAY, 1.75% 9,681 9,468
AMERICAN EXPRESS CO, 3.95% 20,006 19,920
AIR PRODS & CHEMS INC, 1.85% 23,912 23,499
COMCAST CORP, 4.65% 42,569 41,544
CVS, 3.25% 19,719 18,213
BANK OF NOVA SCOTIA, 2.951% 33,248 34,653
CENTENE CORP, 4.25% 32,894 34,927
ENCOMPASS HEALTH CORP, 4.5% 32,785 34,737
LAMAR MEDIA CORP, 3.75% 33,440 34,698
JOHN DEERE CAP CORP, 4.35% 33,154 31,944
ROYAL BANK CANADA, 6.00% 17,446 17,558
VERISIGN INC, 4.75% 34,647 34,952
BANK OF NEW YORK MELLON, 4.414% 19,439 19,946
TRIMBLE INC, 4.9% 36,942 34,965
NORTHERN TRUST, 3.65% 37,303 34,756
KEYSIGHT TECHNOLOGIES, 3.0% 38,108 34,650
LOANPAL SOLAR, 2.29% 13,948 11,133
BANK OF AMERICA, 6.204% 11,000 11,389
ERP OPER LTD, 4.15% 18,234 16,612
AMERICAN EXPRESS CO, 4.05% 29,753 29,291
ALPHABET INC, 1.1% 21,113 20,816
GENERAL MOTORS CO, 5.6% 25,890 27,247
PROLOGIS, 4.625% 27,339 27,005
SYSCO CORP, 2.4% 15,081 15,877
TORONTO DOMINION BANK, 5.146% 35,316 35,136
ASTRAZENECA FINANCE, 4.875% 20,239 20,120
COMCAST CORP, 4.15% 25,867 24,385
MASTERCARD INC, 4.85% 20,281 19,831
CAPITAL IMPACT PARTNERS INVT, 4.9% 64,513 61,621
VONTIER CORP, 2.95% 32,656 35,224
MEAD JOHNSON NUTRITION, 4.125% 34,707 34,855
SCHWABCHARLES , 5.643% 33,555 34,691
MORGAN STANLEY, 5.449% 34,306 35,388
REINSURANCE GROUP AM, 3.15% 34,422 36,110
KYNDRYL HOLDINGS, 3.15% 33,402 38,131
AMERICAN HONDA FINANCE, 4.9% 19,980 33,189
NATIONAL RURAL UTILS COOP, 5.0% 24,749 25,132
CITIGROUP INC, 4.91% 33,837 32,884
BLACKROCK FUNDING, 5.0% 14,947 14,826
BROOKFIELD FIN INC 4.35% 34,174 34,701
STEELCASE INC, 5.125% 35,014 34,551
HASBRO INC, 3.9% 34,095 34,795
ATHENE HOLDING LTD, 3.5% 34,125 35,161
ASSURED GUARANTY US HLDGS, 3.15% 35,939 35,323
JOHN DEERE CAP CORP, 4.35% 35,905 34,523
FORTUNE BRANDS INNOVATIONS, 5.875% 34,735 34,877
WYETH, 6.5% 36,432 34,829
TRUIST FINANCIAL CORP, 5.867% 35,454 34,624
CBRE SERVICES INC, 5.95% 35,637 35,068
STATE STREET CORP, 5.751% 18,147 18,144

TY 2024 InvestmentsCorpStockSchedule
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
24020490
Software Version:
2024v5.2
Name of Stock End of Year Book Value End of Year Fair Market Value
ACI WORLDWIDE INC , 338 Sh 11,818 17,546
DOLBY LABORATORIES INC, 253 Sh 23,552 19,759
EMCOR GROUP INC, 62 Sh 8,312 28,142
GRACO INC, 255 Sh 18,957 21,494
OLD DOMINION FREIGHT LINES INC, 538 Sh 77,823 94,903
POWER INTEGRATIONS INC, 205 Sh 18,155 12,649
AIA GROUP LTD, 1,579 Sh 67,493 45,777
ALFA LAVAL AB, 1,216 Sh 27,972 50,910
ALLIANZ SE, 4,026 Sh 94,833 123,357
AMBEV S A, 16,532 Sh 37,691 30,584
ATLAS COPCO ABSPONSORED, 3,488 Sh 38,530 53,304
BANCO BILBAO VIZCAYA, 6,279 Sh 24,773 61,032
CANADIAN NATIONAL RAILWAY, 449 Sh 41,251 45,578
DASSAULT SYSTEMS S A, 2,066 Sh 80,693 71,667
DBS GROUP HOLDINGS LTD, 1,017 Sh 68,035 130,371
HDFC BK LTD, 1,457 Sh 88,481 93,044
INFINEON TECHNOLOGIES AG, 2,377 Sh 68,032 77,288
KOMATSU LTD, 1,674 Sh 37,085 46,335
SAP SE, 378 Sh 49,534 93,067
ALPHABET INC, 1,076 Sh 140,358 204,913
APPLE INC, 767 Sh 39,776 192,072
BLACKROCK INC, 87 Sh 46,694 89,185
MICROSOFT CORP, 628 Sh 99,981 264,702
NIKE INC, 1,522 Sh 90,243 115,170
S&P GLOBAL INC, 294 Sh 65,287 146,421
VISA INC, 658 Sh 68,438 207,954
MEDTRONIC PLC, 1,320 Sh 106,899 105,442
TARGET CORP, 838 Sh 59,062 113,281
TAIWAN SEMICONDUCTOR MFG, 558 Sh 48,256 110,199
AKAMAI TECHNOLOGIES, 1,478 Sh 96,617 141,371
ALPHABET INC, 1,425 Sh 93,713 271,377
COOPER COMPANIES INC, 1,328 Sh 63,652 122,083
HCA HEALTHCARE INC, 335 Sh 36,448 100,550
HOME DEPOT INC, 378 Sh 59,721 147,038
MCCORMICK & CO INC, 1,125 Sh 64,751 85,770
MICROSOFT CORP, 415 Sh 41,937 174,923
PEPSICO INC, 782 Sh 94,000 118,911
PROCTER & GAMBLE, 684 Sh 54,245 114,673
UNITED PARCEL SVC INC, 811 Sh 90,201 102,267
VISA INC, 729 Sh 106,423 230,393
NETFLIX INC, 242 Sh 103,459 215,699
NVIDIA CORP, 1,618 Sh 6,382 217,281
TESLA INC, 610 Sh 31,820 246,342
ETSY INC, 259 Sh 28,361 13,699
FOMENTO ECONOMICO, 830 Sh 63,573 70,957
NEW YORK TIMES, 504 Sh 22,673 26,233
NORDSON CORP, 98 Sh 21,622 20,506
VERACYTE INC, 860Sh 33,626 34,056
SCHNEIDER ELECTRIC, 1,631 Sh 33,143 81,371
TENCENT HOLDINGS, 1,099 Sh 61,199 58,997
ROCKWELL AUTOMATION, 529 Sh 125,852 151,183
ALCON INC, 623 Sh 40,838 52,886
NVIDIA CORP, 2,391 Sh 51,375 321,087
AMGEN INC, 448 Sh 94,749 116,767
ANALOG DEVICES INC, 326 Sh 46,168 69,262
AUTODESK INC, 328 Sh 87,485 96,947
WALT DISNEY CO, 1,142 Sh 153,591 127,162
ZOETIS INC, 572 Sh 82,605 93,196
GODADDY, 182 Sh 16,361 35,921
HYATT HOTELS, 174 Sh 14,606 27,315
INARI MEDICAL, 202 Sh 11,123 10,312
TOPBUILD CORP, 53 Sh 11,487 16,501
ADYEN NV, 3,474 Sh 68,466 51,693
ADOBE INC, 236 Sh 110,018 104,944
ELI LILLY & CO, 280 Sh 107,900 216,160
ABBVIE INC, 680 Sh 83,442 120,836
BLOCK INC, 1,448 Sh 92,007 123,066
EAGLE BANCORP, 2,744 Sh 150,320 71,426
FORD MOTOR CO, 8,034 Sh 138,561 79,537
INTEL CORP, 3,318 Sh 162,372 66,526
J P MORGAN CHASE & CO, 970 Sh 125,008 232,519
KIMBERLY CLARK CORP, 745 Sh 102,575 97,625
AMICUS THERAPEUTICS, 1,158 Sh 12,917 10,908
DECKERS OUTDOOR CORP, 134Sh 10,857 27,214
ENTEGRIS INC, 239 Sh 23,755 23,675
MONGODB INC, 89 Sh 25,441 20,721
NEUROCRINE BIOSCIENCES, 198 Sh 20,368 27,027
SPRINGWORKS THERAPEUTICS INC, 433 Sh 21,075 15,644
AIR LIQUIDE, 1,323 Sh 39,431 42,995
ARGENX SE, 61 Sh 19,457 37,515
CHUGAI PHARMACEUTICAL, 3,999 Sh 68,694 89,046
HAIER SMART HOME CO, 2,840 Sh 33,638 40,217
LOREAL CO, 1,160 Sh 91,515 82,125
PT TELEKOMUNIKASI, 2,281 Sh 54,469 37,522
ROCHE HOLDINGS LTD, 2,229 Sh 102,905 78,552
SHIONOGI & CO, 4,095 Sh 41,053 28,911
SONOVA HOLDINGS, 525 Sh 40,867 34,330
SYMRISE AG, 1,741 Sh 60,486 46,264
SYSMEX CORP, 3,399 Sh 69,586 63,079
UNICHARM CORP, 8,635 Sh 66,743 40,956
PING AN INSURANCE, 2,176 Sh 43,372 25,799
DAIFUKIU CO, 3,148 Sh 32,194 30,051
JFROG LTD, 560 Sh 12,744 16,470
MANULIFE FINANCIAL CORP, 3,063 Sh 56,345 94,065
SHIMANO INC, 1,432 Sh 23,815 19,490
HUBSPOT INC, 46 Sh 16,213 32,051
LATTICE SEMICONDUCTOR, 318 Sh 19,950 18,015
TYLER TECHNOLOGIES, 76 Sh 27,611 43,825
GITLAB INC, 439 Sh 22,592 24,738
EATON CORP, 620 Sh 94,990 205,759
DEERE & CO, 215 Sh 80,044 91,096
IDEXX LABORATORIES CORP, 190 Sh 84,543 78,554
APPLE INC, 1,008 Sh 156,472 252,423
SHOPIFY INC, 1,387 Sh 87,716 147,480
CROWDSTRIKE HOLDINGS INC, 362 Sh 58,507 123,862
PACCAR INC, 996 Sh 96,529 103,604
HUBBELL INC, 355 Sh 105,740 148,706
CREDICORP LTD, 202 Sh 29,545 37,031
ASSA ABLOY, 2,464 Sh 27,520 36,438
BIONTECH SE, 1,425 Sh 111,810 102,643
GENMAB, 1,405 Sh 54,162 29,322
IMMUNOCORE HLDS, 313 Sh 17,709 9,234
NVENT ELECTRIC, 845 Sh 69,335 57,595
SONY GROUP, 3,892 Sh 71,995 82,355
XENON PHARMACEUTICALS, 204 Sh 8,463 7,997
HUBBELL INC, 57 Sh 19,123 23,877
KNIGHT SWIFT TRANSPORTATION, 220 Sh 11,535 11,669
LINCOLN ELEC HLDGS, 93 Sh 19,312 17,435
BRAZE INC, 305 Sh 16,555 12,773
OPTION CARE HEALTH, 281 Sh 9,798 6,519
SAREPTA THERAPEUTICS, 130 Sh 16,525 15,807
STIFEL FINANCIAL, 268 Sh 20,160 28,429
TAPESTRY INC, 520 Sh 18,098 33,972
CHUBB LTD, 173 Sh 48,079 47,800
AMAZON.COM, 1,286 Sh 92,024 282,136
GE AEROSPACE, 914 Sh 159,967 152,446
GE VERNOVA LLC, 228 Sh 68,071 74,996
SHERWIN WILLIAMS CO, 325 Sh 113,070 110,477
STRYKER CORP, 346 Sh 132,247 124,577
TRADE DESK INC, 363 Sh 48,629 42,663
GLOBUS MEDICAL INC, 925 Sh 66,665 76,507
RELIANCE INC, 297 Sh 83,636 79,970
ROLLINS INC, 1,697 Sh 83,577 78,656
BOX INC, 2,348 Sh 77,033 74,197
BRINK'S COMPANY, 577 Sh 66,253 53,528
CROCKS INC, 635 Sh 93,921 69,552
VIKING THERAPEUTICS INC, 1,770 Sh 89,314 71,225
GRUPO FINANCIERO BANORTE, 846 Sh 32,421 27,333
ZTO EXPRESS CAYMAN, 1,463 Sh 30,778 28,602
COLOPLAST, 2,522 Sh 30,634 27,533
DISCO CORP, 1,292 Sh 37,014 35,128
ELASTIC, 92 Sh 9,851 9,115
TECHTRONIC INDUSTRIES, 528 Sh 38,291 34,835
MERCADOLIBRE INC, 25 Sh 41,653 42,511
BUILDERS FIRSTSOURCE INC, 77 Sh 14,071 11,006
CHEWY INC, 591 Sh 15,469 19,793
DOCUSIGN INC, 228 Sh 15,711 20,506
EXPEDIA INC, 187 Sh 26,102 34,844
HOULIHAN LOKEY INC, 119 Sh 18,412 20,666
INSMED INC, 204 Sh 13,039 14,084
LENNOX INTL INC, 42 Sh 23,479 25,591
MANHATTAN ASSOCIATES INC, 81 Sh 19,542 21,889
PROCORE TECHNOLOGIES INC, 285 Sh 21,269 21,355
SPROUTS FARMERS MARKET, 118 Sh 11,758 14,994
TEXAS ROADHOUSE INC, 104 Sh 17,774 18,765
AO SMITH CORP, 335 Sh 20,129 22,850
APPLIED INDUSTRIAL TECHNOLOGIES, 53 Sh 10,295 12,692
AVIENT CORP, 247 Sh 11,765 10,092
BILL HOLDINGS, 113 Sh 9,536 9,572
BRINK'S COMPANY, 105 Sh 11,653 9,741
CONFLUENT INC, 405 Sh 8,694 11,324
CRINETICS PHARMACEUTICALS, 179 Sh 7,339 9,152
DORMAN PRODUCTS, 95 Sh 11,126 12,307
DOXIMITY INC, 121 Sh 6,518 6,460
EXLSERVICE HOLDINGS, 331 Sh 11,032 14,690
HAMILTON LANE INC, 111 Sh 13,249 16,434
IDEAYA BIOSCIENCES INC, 490 Sh 20,200 12,593
MADRIGAL PHARMACEUTICALS, 40 Sh 9,488 12,343
MODINE MANUFACTURING, 62 Sh 7,429 7,535
MUELLER INDUSTRIES, 201 Sh 13,562 15,951
PATRICK INDUSTRIES, 105 Sh 10,098 8,723
PROCEPT BIOROBOTICS, 101 Sh 7,344 8,133
VERRA MOBILITY CORP, 506 Sh 14,219 12,235
VIKING THERAPEUTICS INC, 105 Sh 6,676 4,225
WINGSTOP INC, 93 Sh 16,070 26,431
WINTRUST FINANCIAL, 158 Sh 14,771 19,704
AVIDITY BIOSCIENCES, 156 Sh 7,176 4,536
MAKEMYTRIP LTD, 688 Sh 74,085 77,249
CAMTEK LTD, 342 Sh 25,715 27,623
STIFEL FINANCIAL, 185 Sh 12,097 19,625
ADMA BIOLOGICS, 2,064 Sh 43,777 35,398
AMERICAN SUPERCONDUCTOR, 785 Sh 24,170 19,335
ARDELYX INC, 2,574 Sh 12,685 13,050
ARTESIAN RESOURCES, 283 Sh 9,765 8,948
BADGER METER, 176 Sh 37,899 37,333
CORMEDIX INC, 2,024 Sh 21,792 16,394
DELCATH SYS INC, 916 Sh 8,821 11,029
ENOVA INTERNATIONAL, 179 Sh 17,967 17,163
FINANCIAL INSTITUTIONS, 744 Sh 19,552 20,304
FIRST FINANCIAL BANCORP, 797 Sh 22,790 21,423
FRP HOLDINGS, 242 Sh 7,526 7,412
GENEDX HLDGS, 454 Sh 31,178 34,894
INNODATA INC, 1,985 Sh 87,396 78,447
INTAPP INC, 909 Sh 52,610 58,258
KINGSTONE COMPANIES, 307 Sh 4,187 4,663
KRYSTAL BIOTECH, 213 Sh 37,901 33,369
M TRON INDUSTRIES, 356 Sh 20,512 17,241
MEDPACE HOLDINGS, 79 Sh 25,846 26,246
MIDLAND STATES BANCORP, 562 Sh 14,629 13,713
MODINE MANUFACTURING, 562 Sh 86,679 75,586
MOELIS & COMPANY, 419 Sh 30,686 30,956
MUELLER WATER PRODUCTS, 1,273 Sh 31,554 28,643
ONTO INNOVATION, 113 Sh 18,184 18,834
SPRINGWORKS THERAPEUTICS INC, 747 Sh 30,979 26,989
SPS COMM INC, 274 Sh 48,921 50,413
SPX TECHNOLOGIES, 615 Sh 101,960 89,495
STERLING INFRASTRUCTURE, 680 Sh 128,674 114,546
TRANSMEDICS GROUP, 622 Sh 47,676 38,782
TSS INC, 1,359 Sh 12,991 16,118
UFP INDUSTRIES, 123 Sh 15,766 13,856
UFP TECHNOLOGIES, 185 Sh 55,288 45,234
WILLIS LEASE FINANCE, 114 Sh 21,960 23,661
FOUR CORNERS PROPERTY TRUST, 156 Sh 4,498 4,234

TY 2024 InvestmentsGovtObligationsSch
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
24020490
Software Version:
2024v5.2
US Government Securities - End of Year Book Value:

3,028,695
US Government Securities - End of Year Fair Market Value:

2,879,981
State & Local Government Securities - End of Year Book Value:


617,864
State & Local Government Securities - End of Year Fair Market Value:


610,850


TY 2024 InvestmentsOtherSchedule2
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
24020490
Software Version:
2024v5.2
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
GENERATION IM AT COST 1,582,792 1,840,953
ILLUMEN CAPITAL LP AT COST 591,593 715,924
DOUBLE BOTTOM LINE IV AT COST 1,408,453 2,938,388
GENERATION ASIA GLOBAL FUND AT COST 4,218,855 4,952,375
SJF VENTURES V AT COST 186,510 233,932
REINVENTURE LP AT COST 388,820 568,486
DOUBLE BOTTOM LINE III AT COST 692,905 1,774,070
ILLUMEN CAPITAL II LP AT COST 284,842 292,959
GENERATION IM SUSTAINABLE IV AT COST 818,189 950,431
ARIEL APPRECIATION, 31,164.777 Sh AT COST 1,313,254 1,221,659
BROWN CAP MGMT, 26,920.125 Sh AT COST 734,062 671,119
IMPAX GLOBAL, 96,256.476 Sh AT COST 1,731,257 2,192,723

TY 2024 LandEtcSchedule2
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
24020490
Software Version:
2024v5.2
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Furniture and Fixtures 24,355 6,189 18,166 18,166


TY 2024 LegalFeesSchedule
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal Fees 4,483 0 0 4,483


TY 2024 OtherAssetsSchedule
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
24020490
Software Version:
2024v5.2
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Accrued Interest 102,030 124,731 124,731


TY 2024 OtherExpensesSchedule
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
24020490
Software Version:
2024v5.2
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administration Support 11,348     11,348
Bank Service Charges 782 782    
Computers, Phone & Software 61,841     62,933
Insurance 4,286     4,286
IT Support 24,900     24,900
Loan Write-off 35,214      
Membership & Subscriptions 7,022     7,099
Misc Expenses 300     300
Office Hardware 9,920     10,417
Office Supplies 19,842     20,879
Poster Project 33,551     33,551
Professional Development 12,973     12,973


TY 2024 OtherIncomeSchedule2
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
24020490
Software Version:
2024v5.2
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Other Investment Inc 3,070 3,070  
Partnership Income -12,984 -205,950  
Tax Reclaim 181 181  


TY 2024 OtherLiabilitiesSchedule
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
24020490
Software Version:
2024v5.2
Description Beginning of Year - Book Value End of Year - Book Value
Deferred Excise Tax 79,205 105,746
Excise Tax Payable 14,325 25,491


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

TY 2024 OtherNotesLoansRcvblLongSch
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
24020490
Software Version:
2024v5.2

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 100,000 399,330 2015-09 2019-02 42 Months 200.00 %   Help Finance Microenterprise    

TY 2024 OtherProfessionalFeesSchedule
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
External Communications 124,500 0 0 124,500
Investment Management Fees 230,941 230,941 0 0
Program/Other Consultants 200,549 0 0 200,549
Website Design Fees 15,400 0 0 15,599


TY 2024 TaxesSchedule
Name:
Akonadi Foundation
EIN:
94-3329873
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Federal Excise Tax 82,682      
Foreign Taxes Paid on Investments 8,494 8,494    
State Taxes 30