TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go 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
THE VATTIKUTI FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)1000 TOWN CENTER 700
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
SOUTHFIELD, MI480751220

A Employer identification number

38-3380162

B Telephone number (see instructions)

(248) 281-2513

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$44,270,613J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	26,742
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	630,408		630,408
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		688,471
b	Gross sales price for all assets on line 6a 4,571,205
7	Capital gain net income (from Part IV, line 2)...			688,471
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).......	List of Attached Documents: // Content	329,408	329,445
12	Total. Add lines 1 through 11........	1,675,029		1,648,324
13	Compensation of officers, directors, trustees, etc.	270,577		0	199,797
14	Other employee salaries and wages......	290,927		0	276,620
15	Pension plans, employee benefits.......	25,863		0	4,185
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	49,354	0	49,354
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	68,200	34,100	34,100
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	244,296	244,296	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	4,679	4,679	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	349,902		0	349,902
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	233,355	1,820	231,535
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	1,537,153		284,895	1,145,493
25	Contributions, gifts, grants paid.......	2,396,753			2,396,753
26	Total expenses and disbursements. Add lines 24 and 25	3,933,906		284,895	3,542,246
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-2,258,877
b	Net investment income (if negative, enter -0-)			1,363,429
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	4,415,671	3,906,104	3,910,165
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	1,285,079	List of Attached Documents: // Content 1,315,144	1,286,046
	b	Investments—corporate stock (attach schedule).......	14,352,197	List of Attached Documents: // Content 13,443,046	23,242,330
	c	Investments—corporate bonds (attach schedule).......	300,000	List of Attached Documents: // Content 450,000	496,305
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	13,491,540	List of Attached Documents: // Content 12,577,606	14,035,767
	14	Land, buildings, and equipment: basis 1,300,000
		Less: accumulated depreciation (attach schedule)	1,300,000	1,300,000	1,300,000
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	35,144,487	32,991,900	44,270,613
	17	Accounts payable and accrued expenses..........		106,765
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	106,765
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	35,144,487	32,885,135
	29	Total net assets or fund balances (see instructions).....	35,144,487	32,885,135
	30	Total liabilities and net assets/fund balances (see instructions).	35,144,487	32,991,900

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

35,144,487

Enter amount from Part I, line 27a .....................

-2,258,877

Other increases not included in line 2 (itemize) right arrow

Add lines 1, 2, and 3 ..........................

32,885,610

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

475

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

32,885,135

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
1 a	PUBLICLY TRADED SECURITIES ST	P
b	PUBLICLY TRADED SECURITIES LT	P
c	CLARION PRIVATE INVESTORS	P
d	REDMILE CAPITAL OFFSHORE FUND	P
e	REDEMPTION OF SCULPTOR OF II PRIVATE INVESTORS	P
	THIRD POINT OFFSHORE FUND	P
	LT CAPITAL GAINS FROM SCHEDULE K1S	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,122,584	1,107,967	14,617
b	2,240,960	2,029,049	211,911
c	149,617	154,284	-4,667
d	144,895	215,688	-70,793
e	472,462	258,215	214,247
	440,687	143,097	297,590
			25,566

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			14,617
b			211,911
c			-4,667
d			-70,793
e			214,247
			297,590
			25,566

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	688,471
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 ...................		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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	18,952
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	18,952
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	18,952
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	35,297
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	10,000
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	45,297
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	26,345
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax26,345	Refunded	11	0

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. right arrow

$ 0(2) On foundation managers. right arrow

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

N/A

The books are in care of right arrow

RAJ VATTIKUTI Telephone no. right arrow

(248) 380-5653

Located at right arrow

1000 TOWN CENTER SUITE 700SOUTHFIELDMI ZIP+4 right arrow

48075

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

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

Yes

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2024)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

Yes

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

Yes

If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment

List of Attached Documents:

// Content

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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-)	(e) Expense account, other allowances
RAJ VATTIKUTI	PRESIDENT 4.00	0	0
1000 TOWN CENTER SUITE 700 SOUTHFIELD,MI48075	PRESIDENT 4.00	0	0
PADMA VATTIKUTI	VICE PRESIDENT 3.00	0	0
1000 TOWN CENTER SUITE 700 SOUTHFIELD,MI48075	VICE PRESIDENT 3.00	0	0
NICHOLAS STASEVICH	SECRETARY 2.00	0	0
150 W JEFFERSON SUITE 900 DETROIT,MI48226	SECRETARY 2.00	0	0
TIMOTHY MANNEY	TREASURER 2.00	0	0
1000 TOWN CENTER SUITE 700 SOUTHFIELD,MI48075	TREASURER 2.00	0	0
MAHENDRA BHANDARI	CEO 40.00	270,577	32,425
1000 TOWN CENTER SUITE 700 SOUTHFIELD,MI48075	CEO 40.00	270,577	32,425

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
SARIKA MEHTA	CHIEF OF STAFF 40.00	71,484	0	501
1000 TOWN CENTER SUITE 700 SOUTHFIELD,MI48075	CHIEF OF STAFF 40.00	71,484	0	501
DAVE MEINHARD	VIDEO/WEB PRODUCER 40.00	67,500	0	0
1000 TOWN CENTER SUITE 700 SOUTHFIELD,MI48075	VIDEO/WEB PRODUCER 40.00	67,500	0	0
GIOVANNA SFERRAZZA-PAPA	EXECUTIVE DIRECTOR 40.00	62,308	0	4,365
1000 TOWN CENTER SUITE 700 SOUTHFIELD,MI48075	EXECUTIVE DIRECTOR 40.00	62,308	0	4,365
HANNAH HENSEL	BRANDING AND COMMUNI 40.00	62,500	0	77
1000 TOWN CENTER SUITE 700 SOUTHFIELD,MI48075	BRANDING AND COMMUNI 40.00	62,500	0	77


Total number of other employees paid over $50,000...................				0

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
MORGAN STANLEY WEALTH MANAGEMENT	INVESTMENT MANAGEMENT	181,244
34901 WOODWARD AVE SUITE 300 BIRMINGHAM,MI48009	INVESTMENT MANAGEMENT	181,244
SHADELIC DESIGN HOUSE	WEBSITE DESIGN	139,385
GK MALL PIMPRICHINCHWAD 411027 IN	WEBSITE DESIGN	139,385
TECH SQUAD LLC	CONTRACTOR	78,000
1701 E HEBRON PKWY APT 10108 CARROLLTON,TX95010	CONTRACTOR	78,000
RSM US LLP	ACCOUNTING	68,200
5155 PAYSPHERE CIRCLE CHICAGO,IL60674	ACCOUNTING	68,200

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	AS A COMPLEMENT TO THE GRANTS IT MAKES TO PROMOTE AND IMPROVE ROBOTIC SURGERY WORLDWIDE, THE VATTIKUTI FOUNDATION ALSO ENGAGES IN SEVERAL DIRECT PROGRAMS TO ADVANCE ROBOTIC SURGERY. EVERY YEAR, THE FOUNDATION SPONSORS A THREE-DAY SYMPOSIUM FEATURING LEADING SURGEONS PRESENTING ON IMPORTANT ISSUES TO ACCELERATE PROGRESS IN THE FIELD. THE HIGH POINT OF THIS SYMPOSIUM IS THE ANNUAL AWARDS DINNER AT WHICH THE FOUNDATION PRESENTS ITS KS INTERNATIONAL INNOVATION AWARDS. THE PRESENTATION OF THE AWARDS IS THE CULMINATION OF AN INTERNATIONAL COMPETITION, ORGANIZED BY THE FOUNDATION, TO RECOGNIZE SURGICAL TALENT AND SHARE NEWS ABOUT CUTTING-EDGE ROBOTIC SURGERY TECHNIQUE AND DEVICES.(CONTINUED ON STATEMENT 15)	579,617
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)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

22,972,240

Average of monthly cash balances.......................

5,973,076

Fair market value of all other assets (see instructions)................

14,820,960

Total (add lines 1a, b, and c).........................

43,766,276

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

43,766,276

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

656,494

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

43,109,782

Minimum investment return. Enter 5% (0.05) of line 5................

2,155,489

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.)

Minimum investment return from Part IX, line 6..................

2,155,489

Tax on investment income for 2024 from Part V, line 5 .......

18,952

Income tax for 2024. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

18,952

Distributable amount before adjustments. Subtract line 2c from line 1............

2,136,537

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

2,136,537

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

2,136,537

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

3,542,246

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

3,542,246

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					2,136,537
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2024:
a From 2019......
b From 2020......	135,078
c From 2021......	46,270
d From 2022......	302,956
e From 2023......	62,076
f Total of lines 3a through e ........		546,380
4Qualifying distributions for 2024 from Part
XI, line 4: $ 3,542,246
a Applied to 2023, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2024 distributable amount.....					2,136,537
e Remaining amount distributed out of corpus		1,405,709
5 Excess distributions carryover applied to 2024.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		1,952,089
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2023. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
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) .......		0
8 Excess distributions carryover from 2019 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......		1,952,089
10 Analysis of line 9:
a Excess from 2020....	135,078
b Excess from 2021....	46,270
c Excess from 2022....	302,956
d Excess from 2023....	62,076
e Excess from 2024....	1,405,709

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 4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

RAJ VATTIKUTI

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
DETROIT INSTITUTE OF ARTS 5200 WOODWARD AVENUE DETROIT,MI48202		PC	GENERAL OPERATING SUPPORT	10,000
FLINT INSTITUTE OF ART 1120 E KEARSLEY STREET FLINT,MI48503		PC	GENERAL OPERATING SUPPORT	10,000
HENRY FORD HEALTH SYSTEM 1 FORD PL DETROIT,MI48202		PC	VATTIKUTI UROLOGY DEPARTMENT SUPPORT	2,160,000
KRISTI HOUSE 1265 NW 12TH AVE MIAMI,FL33136		PC	GENERAL OPERATING SUPPORT	16,000
LOTUS ENDOWMENT FUND 3921 ALTON ROAD 470 MIAMI BEACH,FL33140		SO II	GENERAL OPERATING SUPPORT	5,000
MIAMI FOUNDATION FOR MENTAL HEALTH 1450 BRICKELL AVENUE 1900 MIAMI,FL33131		PC	GENERAL OPERATING SUPPORT	8,000
MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED 601 SW 8TH AVENUE MIAMI,FL33130		PC	GENERAL OPERATING SUPPORT	3,000
NICKLAUS CHILDREN'S HOSPITAL FOUNDATION 11780 US HIGHWAY ONE 105 NORTH PALM BEACH,FL33408		PC	GENERAL OPERATING SUPPORT	75,000
OHIO STATE UNIVERSITY 281 W LANE AVE COLUMBUS,OH43210		PC	DEPT. OF UROLOGY POSTDOCTORAL RESARCH FELLOWSHIPS SUPPORT	82,753
OVERTON YOUTH CENTER 450 NW 14 STREET MIAMI,FL33136		PC	GENERAL OPERATING SUPPORT	9,000
ROCHESTER COMMUNITY SCHOOLS FOUNDATION 52585 DEQUINDRE ROAD ROCHESTER,MI48307		SO III FI	VEX ROBOTICS WORLD CHAMPIONSHIPS PROJECT SUPPORT	4,000
VIDHYA BHARAT FOUNDATION OF AMERICA 9528 PACING LANE NW CONCORD,NC28027		PC	GENERAL OPERATING SUPPORT	5,000
WOMEN'S EMERGENCY NETWORK PO BOX 566392 MIAMI,FL33256		PC	GENERAL OPERATING SUPPORT	9,000
Total ................................. 3a				2,396,753

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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	630,408
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 .....			14	329,408
8 Gain or (loss) from sales of assets other than inventory ............			18	688,471
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		1,648,287	0

13Total. Add line 12, columns (b), (d), and (e)..................

1,648,287

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2024)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2024 AccountingFeesSchedule

Name:

THE VATTIKUTI FOUNDATION

EIN:

38-3380162

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	68,200	34,100		34,100

- TIN:

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

TY 2024 ExpenditureResponsibilityStmt

Name:

THE VATTIKUTI FOUNDATION

EIN:

38-3380162

Grantee's Name	Grantee's Address	Grant Date	Grant Amount	Grant Purpose	Amount Expended By Grantee	Any Diversion By Grantee?	Dates of Reports By Grantee	Date of Verification	Results of Verification
VATTIKUTI INDIA FOUNDATION	7P 93 ELECTRONIC CITY PHASE I BANGALORE 560 100 IN	2023-04-14	363,056	TO SUPPORT A FELLOWSHIP PROGRAM WITH OBJECTIVE TO TRAIN SURGEONS USING ROBOTIC TECHNOLOGY IN INDIA	363,056	NONE	05/21/2024, 10/07/2025		THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.

- TIN:

TY 2024 GeneralExplanationAttachment

Name:

THE VATTIKUTI FOUNDATION

EIN:

38-3380162

Identifier	Return Reference	Explanation
STATEMENT OF DIRECT CHARITABLE ACTIVITIES	FORM 990-PF, PART VIII-A, LINE 1	(CONTINUATION OF STATEMENT 14)THE FOUNDATION SPONSORS OTHER PROFESSIONAL MEDICAL EVENTS AND SENDS FOUNDATION REPRESENTATIVES TO STILL OTHERS. THE VATTIKUTI FOUNDATION HOSTED THE VATTIKUTI FELLOWS ALUMNI MEETING AS A WAY TO FOSTER CLOSER RELATIONSHIPS BETWEEN CURRENT AND FORMER VATTIKUTI FELLOWS.THE FOUNDATION ACTIVELY PARTICIPATES IN THE VATTIKUTI FELLOWS PROGRAM. AMONG OTHER THINGS, THE FOUNDATION WORKS CLOSELY WITH THE MEDICAL INSTITUTIONS SPONSORING THE VATTIKUTI FELLOWS TO ENSURE CURRICULUM STANDARDS ACROSS THE PROGRAM.FINALLY, THE VATTIKUTI FOUNDATION HAS DESIGNED AND MAINTAINED THE VATTIKUTI COLLECTIVE QUALITY INITIATIVE (VCQI), AN INTERNATIONAL DATABASE THAT HAS MADE A REMARKABLE CONTRIBUTION TO RESEARCH ON ROBOTIC SURGERY. VCQI COLLECTS HIPAA COMPLIANT DATA ABOUT ROBOTIC SURGERY OUTCOMES AROUND THE WORLD AND IS DESIGNED TO SHARE RESEARCH FINDINGS AND DATA FOR MEDICAL RESEARCH. VCQI HAS MORE THAN 20,000 HIGH-QUALITY RECORDS ON DIFFERENT ROBOTIC SURGICAL PROCEDURES CONTRIBUTED BY APPROXIMATELY 29 INSTITUTIONS ACROSS THE GLOBE. AS OF 2024, VCQI HAS BEEN THE SOURCE OF 28 PUBLICATIONS IN HIGH-IMPACT JOURNALS AND SEVERAL ABSTRACTS IN VARIOUS INTERNATIONAL MEETINGS.

- TIN:

TY 2024 InvestmentsCorpBondsSchedule

Name:

THE VATTIKUTI FOUNDATION

EIN:

38-3380162

Name of Bond	End of Year Book Value	End of Year Fair Market Value
MS DUAL DIRECTIONAL TRIGGER JUMP SX5E	150,000	139,980
MS DUAL DIRECTIONAL TRIGGER JUMP SPX	300,000	356,325

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

THE VATTIKUTI FOUNDATION

EIN:

38-3380162

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC COM	202,381	399,292
ADOBE INC	253,353	249,021
ADYEN NV-UNSPON ADR	4,081	5,028
ALPHABET INC CL A	110,157	382,386
ALPHABET INC-CL A	3,399	4,733
AMAZON COM INC	243,979	618,680
AMAZON.COM INC	7,260	10,970
AMERICAN TOWER CORP	183,338	223,760
AMERICAN WATER WORKS CO	404,417	276,368
ANALOG DEVICES INC	198,706	375,629
AON PLC-CLASS A	2,388	3,592
APPLE INC	5,295	8,514
APPLE INC	161,577	751,260
ARCH CAPITAL GROUP LTD	4,707	6,280
ARISTA NETWORKS INC	1,748	3,095
ASM INTERNATIONAL-NY REG SHS	2,561	3,984
ASML HOLDING NV-NY REG SHS	5,517	5,545
ASML HOLDING NV-NY REG SHS	2,102	2,079
ASML HOLDING NV NY REG NEW	324,370	311,886
ASTRAZENECA PLC-SPONS ADR	7,344	7,076
ATLASSIAN CORP PLC-CLASS A	3,599	5,111
AUTODESK INC	2,160	2,956
AUTOMATIC DATA PROCESSING	1,746	2,342
BAE SYSTEMS PLC	4,359	4,801
BLACKROCK INC	302,339	461,300
BOEING CO	2,216	2,477
BOSTON SCIENTIFIC CORP	1,840	2,768
BRAZE INC-A	1,747	1,800
BROADCOM INC	3,900	3,708
BROADCOM INC	136,580	1,043,280
CANADIAN NATURAL RESOURCES	3,979	3,704
CANADIAN PACIFIC KANSAS CITY	6,222	5,862
CARNIVAL CORP	1,496	2,243
CARRIER GLOBAL CORP	1,256	1,502
COINBASE GLOBAL INC-CLASS A	1,215	1,242
COMPASS GROUP PLC	2,489	3,295
CONSTELLATION BRANDS INC CL A	247,736	254,150
CONSTELLATION ENERGY CORP	395,063	368,003
CORPAY INC	3,020	3,723
COSTCO WHOLESALE CORP NEW	135,175	549,762
COUPANG INC	5,375	5,319
DATADOG INC - CLASS A	1,687	2,286
DEERE & CO	757	847
DIAMONDBACK ENERGY INC	125,018	131,064
DOMINO'S PIZZA INC	1,808	1,679
EASTMAN CHEMICAL COMPANY	296,617	296,790
EATON CORP PLC	1,413	1,327
ELI LILLY & CO	461	1,544
EXACT SCIENCES CORP	2,057	1,630
EXPERIAN PLC-SPONS ADR	3,171	3,504
FERGUSON PLC	3,344	3,992
FERRARI NV	4,135	8,497
FIDELITY 500 INDEX FUND	527,393	1,074,131
FIDELITY INTL INDX-INST PRM	57,077	68,002
FINANCIAL SELECT SECTOR SPDR	114,822	182,301
FISERV INC	3,533	4,725
GLOBAL-E ONLINE LTD	1,170	1,909
HOME DEPOT INC	208,181	388,990
HONEYWELL INTERNATIONAL INC	1,631	1,807
HONEYWELL INTL INC	188,800	293,657
HUMANA INC	2,228	1,776
ICICI BANK LTD-SPON ADR	3,703	5,016
ICON PLC	7,344	6,711
INDUSTRIAL SELECT SECT SPDR	23,681	21,872
INGERSOLL RAND INC	1,664	1,628
INTUITIVE SURGICAL INC	1,337	2,610
INVESCO S&P 500 EQUAL WEIGHT E	518,025	876,150
ISHARE CORE S&P MIDCAP ETF	71,267	93,465
JPMORGAN BETABUILDERS CANADA	78,699	114,426
JPMORGAN BETABUILDERS DEVELO	60,007	62,351
JPMORGAN BETABUILDERS EUROPE ETF	39,725	40,069
JPMORGAN BETABUILDERS JAPAN ETF	130,286	164,505
JPMORGAN CHASE & CO	366,664	596,878
KINSALE CAPITAL GROUP INC	2,081	2,326
LAM RESEARCH CORPORATION	148,475	361,150
LINDE PLC	4,399	5,443
LOCKHEED MARTIN CORP	243,826	255,119
LOWE'S COS INC	2,540	2,715
MARKETAXESS HOLDINGS INC	1,966	1,808
MARVELL TECHNOLOGY GROUP LTD	82,512	198,810
MASTERCARD INC - A	1,032	1,580
MASTERCARD INC CL A	402,525	658,212
MCDONALD CORP	251,769	275,395
MEITUAN - UNSP ADR	7,284	5,977
MERCADOLIBRE INC	1,956	1,700
MERCADOLIBRE INC	2,655	3,401
PGIM ABSOLUTE	4,121	3,925
META PLATFORMS INC CL A	59,862	234,203
MICROSOFT CORP	7,786	11,802
MICROSOFT CORP	160,411	632,250
MITSUBISHI HEAVY INDUSTRIES	5,578	6,519
MONDAY.COM LTD	4,285	4,473
MONSTER BEVERAGE CORP	2,572	2,523
MS DUAL DIRECTIONAL TRIGGER PLUS SPX	100,000	132,850
NETFLIX INC	167,910	467,943
NEXTERA ENERGY INC	2,549	3,083
NEXTERA ENERGY INC	66,824	114,130
NOVO-NORDISK A/S-SPONS ADR	2,404	1,548
NOVO-NORDISK A/S-SPONS ADR	5,732	9,204
NU HOLDINGS LTD	4,555	4,267
NVIDIA CORPORATION	162,915	1,880,060
NVIDIA CORPORATION	3,862	11,818
NXP SEMICONDUCTORS NV	79,831	181,869
NXP SEMICONDUCTORS NV	1,952	1,663
ONEOK INC	174,247	301,200
PALO ALTO NETWORKS INC	270,414	824,279
PAYPAL HLDGS INC COM	1,299,075	981,525
PHILIP MORRIS INTERNATIONAL	3,773	4,694
PURE STORAGE INC - CLASS A	945	1,536
REPSOL SA-SPONSORED ADR	51,470	32,579
ROLLYS-ROYCE HOLDINGS-SP ADR	6,897	6,652
SAFRAN SA-UNSPON ADR	7,236	8,557
SALESFORCE INC	192,979	317,614
SALESFORCE INC	2,778	4,012
SAP SE-SPONSORED ADR	8,500	8,371
SCHLUMBERGER LTD	2,403	2,185
SCHNEIDER ELECT SE-UNSP ADR	3,219	5,113
SCHWAB (CHARLES) CORP	2,797	3,701
SEA LTD-ADR	5,874	8,594
SHERWIN-WILLIAMS CO	2,976	3,739
SIEMENS ENERGY AG-UNSP ADR	5,033	5,858
SIX CIRCLE MGD EQ INTL UNCON	491,578	656,113
SIX CIRCLE MGD EQ US UNCON	1,258,175	2,067,099
SPDR S&P 500 ETF TRUST	163,903	221,538
SPOTIFY TECHNOLOGY SA	5,270	8,053
STERIS PLC	5,134	5,139
STRYKER CORP	1,529	2,520
TAIWAN SEMICONDUCTOR-SP ADR	616	1,580
TAIWAN SEMICONDUCTOR-SP ADR	8,340	11,454
TENABLE HLDGS INC	317,447	275,660
TESLA INC	166,880	242,304
TEXAS INSTRUMENTS INC	1,151	1,313
THERMO FISHER SCIENTIFIC	1,035	1,040
THERMO FISHER SCIENTIFIC	111,077	260,115
TOAST INC-CLASS A	764	1,713
TRADE DESK INC	880	823
TRANE TECHNOLOGIES PLC	797	1,847
TRITERRAS INC CL A	170,883	132
UBER TECHNOLOGIES INC	1,196	1,629
UBS GROUP AG-REG	4,565	4,487
UNITEDHEALTH GP INC	96,536	187,168
UNITEDHEALTH GROUP INC	4,037	3,541
VERTIV HOLDINGS LLC CL A	192,179	201,658
VISA INC CL A	149,376	237,030
WASTE CONNECTIONS INC	2,785	3,432
WESTERN DIGITAL CORP	2,639	2,326
ZILLOW GROUP INC - C	1,823	3,332
3I GROUP PLC-UNSPON ADR	5,769	6,644

- TIN:

TY 2024 InvestmentsGovtObligationsSch

Name:

THE VATTIKUTI FOUNDATION

EIN:

38-3380162

US Government Securities - End of Year Book Value:

US Government Securities - End of Year Fair Market Value:

State & Local Government Securities - End of Year Book Value:

1,315,144

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

1,286,046

- TIN:

TY 2024 InvestmentsOtherSchedule2

Name:

THE VATTIKUTI FOUNDATION

EIN:

38-3380162

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
INVESTMENT IN AG CS HOLDINGS FUND	AT COST	537,460	845,008
INVESTMENT IN BLACKSTONE PARTNERS OFFSHORE FUND	AT COST	980,000	1,382,540
INVESTMENT IN CLARION PRIVATE INVESTORS	AT COST	713,241	738,745
INVESTMENT IN COATUE GROWTH V PRIVATE INVESTORS OFFSHORE	AT COST	362,314	331,529
INVESTMENT IN COATUE OFFSHORE FUND	AT COST	219,971	765,017
INVESTMENT IN FLUID FORM	AT COST	1,450,000	1,450,000
INVESTMENT IN HPS MEZZANNIE PRIVATE INVESTORS	AT COST	382,352	616,988
INVESTMENT IN I80 GROUP ASSET BASED FINANCE B	AT COST	981,591	1,022,092
INVESTMENT IN I80 GROUP SEPCIALTY	AT COST	977,386	883,820
INVESTMENT IN MARINER ATLANTIC	AT COST	306,158	532,478
INVESTMENT IN MAXIM OPP FUND	AT COST	3,033,040	3,000,000
INVESTMENT IN REDMILE CAPITAL OFFSHORE FUND	AT COST	47,784	1,361
INVESTMENT IN RMC MASTER INVEST LP	AT COST	810,500	658,285
INVESTMENT IN THIRD POINT OFFSHORE FUND	AT COST	0	32,095
INVESTMENT IN TRILOGY OPPORTUNITY ZONE FUND	AT COST	1,775,809	1,775,809

- TIN:

TY 2024 LegalFeesSchedule

Name:

THE VATTIKUTI FOUNDATION

EIN:

38-3380162

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	49,354	0		49,354

- TIN:

TY 2024 OtherDecreasesSchedule

Name:

THE VATTIKUTI FOUNDATION

EIN:

38-3380162

Description	Amount
BASIS ADJUSTMENT	475

- TIN:

TY 2024 OtherExpensesSchedule

Name:

THE VATTIKUTI FOUNDATION

EIN:

38-3380162

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
WEBSITE DEVELOPMENT	229,715	0		229,715
BANK FEES	3,640	1,820		1,820

- TIN:

TY 2024 OtherIncomeSchedule2

Name:

THE VATTIKUTI FOUNDATION

EIN:

38-3380162

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
PARTNERSHIP INCOME	329,408	329,445	329,408

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

THE VATTIKUTI FOUNDATION

EIN:

38-3380162

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES	244,296	244,296		0

- TIN:

TY 2024 TaxesSchedule

Name:

THE VATTIKUTI FOUNDATION

EIN:

38-3380162

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES PAID	4,679	4,679		0