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
James Lee Sorenson Family Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)6330 S 3000 E 630
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Salt Lake City, UT84121
A Employer identification number

45-6794415
B Telephone number (see instructions)

(801) 490-1013
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$64,881,306J Accounting method:
 
(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)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,094,735 1,042,966  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,140,123
b Gross sales price for all assets on line 6a 14,761,066
7 Capital gain net income (from Part IV, line 2)... 3,671,292
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
0 386,751  
12 Total. Add lines 1 through 11........ 4,234,858 5,101,009  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
22,358 0   22,358
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
71,550 0   71,550
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
252,042 252,042   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
48,754 6,254   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
511 0   511
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 395,215 258,296   94,419
25 Contributions, gifts, grants paid....... 2,580,040 2,580,040
26 Total expenses and disbursements. Add lines 24 and 25 2,975,255 258,296   2,674,459
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,259,603
b Net investment income (if negative, enter -0-) 4,842,713
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............. 15,110 109,835 109,835
2 Savings and temporary cash investments......... 1,818,002 1,698,730 1,698,730
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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 arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 2,823,341 Click to see attachment
List of Attached Documents:
// Content
3,248,054 		3,248,054
b Investments—corporate stock (attach schedule)....... 29,797,966 Click to see attachment
List of Attached Documents:
// Content
31,812,907 		31,812,907
c Investments—corporate bonds (attach schedule)....... 1,841,930 Click to see attachment
List of Attached Documents:
// Content
2,080,419 		2,080,419
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).......... 16,800,037 Click to see attachment
List of Attached Documents:
// Content
15,970,849 		20,247,819
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
5,345,450 		Click to see attachment
List of Attached Documents:
// Content
5,683,542 		Click to see attachment
List of Attached Documents:
// Content
5,683,542
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 58,441,836 60,604,336 64,881,306
Liabilities 17 Accounts payable and accrued expenses..........    
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
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...........    
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........ 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 58,441,836 60,604,336
29 Total net assets or fund balances (see instructions)..... 58,441,836 60,604,336
30 Total liabilities and net assets/fund balances (see instructions). 58,441,836 60,604,336
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
58,441,836
2
Enter amount from Part I, line 27a .....................
2
1,259,603
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
902,897
4
Add lines 1, 2, and 3 ..........................
4
60,604,336
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
60,604,336
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 Publicly traded securities      
b Graduation Alliance P 2015-06-01 2024-04-30
c Graduation Alliance P 2015-06-01 2024-04-30
d Novo Nordisk P 2024-08-02 2024-08-24
e Copia Global stock P 2023-09-05 2024-05-23
Sorenson Capital Partners P 2014-12-31 2024-04-30
Sepio Capital Partners P 2020-06-01 2024-05-31
Sorenson Capital Partners P 2014-12-31 2024-07-31
Vilcap Investments P 2014-12-03 2024-09-27
passthrough K-1 gain P    
Impactive Capital 400 sh P 2022-01-01 2024-07-01
Impactive Capital 152 sh P 2022-01-01 2024-10-01
(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 12,751,946   10,676,070 2,075,876
b 1,176,471     1,176,471
c 12,396     12,396
d 3,713     3,713
e     150,000 -150,000
21,355   21,355 0
39,678     39,678
5,416   5,416 0
91   91 0
      540,498
595,449   625,000 -29,551
154,551   152,340 2,211
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       2,075,876
b       1,176,471
c       12,396
d       3,713
e       -150,000
      0
      39,678
      0
      0
      540,498
      -29,551
      2,211
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 3,671,292
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 67,314
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 67,314
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 67,314
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 72,100
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 72,100
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 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 4,786
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow4,786 Refundedright arrow 11 0
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$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
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 arrowUT
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 arrowN/A
14
The books are in care ofright arrowJim Sorenson Telephone no.right arrow (801) 490-1013

Located atright arrow6330 S 3000 E Suite 630Salt Lake CityUT ZIP+4right arrow84121
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
Yes
 
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
 
No
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)
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)
 
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
 
No
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
James Lee Sorenson Trustee
5.00 		0 0 0
6330 S 3000 E Suite 630
Salt Lake City,UT84121
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
NONE
Total number of other employees paid over $50,000...................right arrow 0
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
Sorenson Impact Advisory Investment management 252,042
6330 S 3000 E Suite 630
Salt Lake City,UT84121
Sorenson Associates The Pointe LLC Accounting 71,550
6330 S 3000 E Suite 630
Salt Lake City,UT84121
Total number of others receiving over $50,000 for professional services.............right arrow0
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 Redemption Holding Co: Addressing social and financial barriers of historically underserved communities by increasing access to resources for prosperity and opportunity. 250,000
2 Chario Inc.: Development of software to faciliate finding and making program-related investments and to make funcionality available without charge to low-resourced charitable organizations. 250,000
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
10,000
Total. Add lines 1 through 3.........................right arrow510,000
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
38,582,095
b
Average of monthly cash balances.......................
1b
2,370,652
c
Fair market value of all other assets (see instructions)................
1c
18,851,203
d
Total (add lines 1a, b, and c).........................
1d
59,803,950
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
0
3
Subtract line 2 from line 1d.........................
3
59,803,950
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
897,059
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
58,906,891
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,945,345
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
2,945,345
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
67,314
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
67,314
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,878,031
4
Recoveries of amounts treated as qualifying distributions................
4
950,607
5
Add lines 3 and 4............................
5
3,828,638
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
3,828,638
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
2,674,459
b
Program-related investments—total from Part VIII-B..................
1b
510,000
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
3,184,459
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 3,828,638
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 2,731,714
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 3,184,459
a Applied to 2023, but not more than line 2a 2,731,714
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..... 452,745
e Remaining amount distributed out of corpus 0
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 0
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 .......... 		3,375,893
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 ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
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).)
James Lee Sorenson
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

826 Valencia

PO Box 410595
San Francisco,CA94141 		None PC Education assistance for underserved populations 500

Amanaki Fo'ou

5181 S 2100 E
Holladay,UT84117 		None PC Diabetes education and prevention 500

Amnesty International

311 W 43rd Street 7th Floor
New York,NY10036 		None PC Support for human rights issues 500

Best Friends Animal Society

2005 S 1100 E
Salt Lake City,UT84106 		None PC Rescue and foster services for animals 500

Choice Humanitarian

PO Box 409
Draper,UT84020 		None PC Fundraising Event Sponsorship 2,500

Choice Humanitarian

PO Box 409
Draper,UT84020 		None PC Charitable event fundraising 5,000

Danielle Byron Henry Migraine Foundation

PO Box 91051
Salt Lake City,UT84109 		None PC Research and support for migraine prgrams 500

Educate Girls

7026 Groton Street
Forest Hills,NY11375 		None PC Equitable access to quality education 500

Friends of the Coalition

299 E 900 S
Provo,UT84606 		None PC Alleviation of hunger and poverty for unhoused populations 500

Habitat for Humanity

1276 S 500 W
Salt Lake City,UT84101 		None PC General support for housing needs 500

Hillcrest High School

7350 S 900 E
Midvale,UT84047 		None GOV Student athletic events 500

Huntsman Cancer Institute University of Utah

500 S Huntsman Way
Salt Lake City,UT84108 		None Gov Cancer research 1,000

International Rescue Committee

PO Box 6068
Albert Lea,MN56007 		None PC Services for refugees 1,000

Junior Achievement of Utah

515 South 700 East 1F
Salt Lake City,UT84102 		None PC Financial literacy educational programs 3,000

Margie's Haven House

PO Box 954
Heber Springs,AR72543 		None PC Shelter and essential services for domestic abuse victims 500

New Venture Fund

1828 L Street NW 300-A
Washington,DC20036 		None PC Economic innovation research 100,000

Primary Children's Hospital

PO Box 26722
Salt Lake City,UT84126 		None PC Medical care 500

Religious Family History Corp

1192 E Draper Pkwy 563
Draper,UT84020 		None PC Genealogy research 15,000

Russian Childrens Welfare Society

16 West 32nd Street 405
New York,NY10001 		None PC Educational and other services for at-risk children 500

St Jude Research Hospital

501 St Jude Place
Memphis,TN38105 		None PC Medical research 500

The Christmas Box International

3660 S West Temple
Salt Lake City,UT84115 		None PC Services for abused and neglected children 500

The Church of Jesus Christ of LDS

50 E North Temple
Salt Lake City,UT84150 		None PC General support 1,592,540

The Church of Jesus Christ of LDS

50 E North Temple
Salt Lake City,UT84150 		None PC General support 150,000

The Shelter Box

PO Box 103299
Pasadena,CA91189 		None PC Emergency shelter for disaster recoveries 500

The Skatepark Project

1611 Melrose Dr Suite A360
Vista,CA92081 		None PC Helping underserved communities create safe and inclusive public spaces 500

UNICEF USA

125 Maiden Lane
New York,NY10038 		None PC Israeli assistance fund, services for children 1,000

University of Utah

85 Fort Douglas Blvd Bldg 602
Salt Lake City,UT84113 		None GOV Epicenter buildling capital campaign 250,000

University of Utah

85 Fort Douglas Blvd Bldg 602
Salt Lake City,UT84113 		None GOV Epicenter buildling capital campaign 250,000

Utah Food Bank

3150 S 900 W
South Salt Lake,UT84119 		None PC General support 500

Utah Sports Commission Foundation

201 S Main Street 2125
Salt Lake City,UT84111 		None PC Promotion of amateur sports/Olympics 200,000

Water Org Inc

PO Box 7410928
Chicago,IL60674 		None PC Providing clean water and sanitation to needy communities 500
Total .................................right arrow 3a 2,580,040
bApproved for future payment
Total ................................. right arrow 3b 0
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 1,094,735  
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    
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 3,140,123  
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 4,234,858 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,234,858
(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.)
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
Friends of Beverley Taylor Sorenson Arts Learning Program 501(c)(4) The trustee for James Lee Sorenson Family Foundation also serves as a Director for Friends of Beverley Taylor Sorenson Arts Learning Program
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:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
James Lee Sorenson Family Foundation
EIN:
45-6794415
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting & tax preparation 71,550 0   71,550

TY 2024 AllOthProgRltdInvestmentsSch
Name:
James Lee Sorenson Family Foundation
EIN:
45-6794415
Category Amount
Owl Ventures LP: Addressing problems associated with poor learning achievement outcomes and increasing educational opportunities 10,000

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

TY 2024 ExpenditureResponsibilityStmt
Name:
James Lee Sorenson Family Foundation
EIN:
45-6794415
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
Liberty & Justice Inc
  		302A West 12th St 309
New York,NY10014 		2013-06-10 125,000 Creating jobs and increasing access to healthcare 125,000 None 12/10/2015 4/4/17 11/5/18 10/14/19 11/13/20 11/11/21 12/13/22 10/15/25    
Liberty & Justice Inc
  		302A West 12th St 309
New York,NY10014 		2014-06-05 6,291 Creating jobs and increasing access to healthcare 6,291 None 6/5/14 12/10/15 4/4/17 11/14/18 10/14/19 11/11/20 11/11/21 12/13/22 10/15/25    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2014-07-03 62,500 Increasing access to essential products and services for disconnected communities 62,500 None 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024 8/8/25    
Liberty & Justice Inc
  		302A West 12th St 309
New York,NY10014 		2014-07-22 75,000 Creating jobs and increasing access to healthcare 75,000 None 12/10/15 4/4/17 11/5/18 10/14/19 11/13/20 11/11/21 12/13/22 10/15/25    
Waste Capital Partners Inc
  		656 Arguello Blvd 2
San Francisco,CA94118 		2014-09-03 250,000 Adressing waste collection problems including reducing greenhouse gases and landfill items. Increasing income and job opportunities for underprivileged pouplations 250,000 None 1/6/16 9/30/16 7/11/17 7/8/18 11/8/19 11/11/20 11/9/21    
VilCap Investments LLC
  		3337 Fretz Valley Rd
Perkasie,PA18944 		2014-12-03 95,714 Fostering positive social and/or environmental impact, improving livelihoods of underprivileged populations 95,714 None 3/26/15 2/16/16 9/24/2016 7/10/17 7/5/18 10/7/19 11/13/20 11/10/21 10/19/23    
STI Solutions LLC
  		125 Cambridge Park Suite 301
Cambridge,MA02140 		2014-12-10 125,000 Assisting smallholder farmers in developing countries and increasing job opportunities for underprivileged populations 125,000 None 9/29/16 6/15/17 11/5/18 11/15/19 11/6/20 10/11/21 11/8/22 7/7/25    
VilCap Investments LLC
  		3337 Fretz Valley Rd
Perkasie,PA18944 		2015-04-10 36,131 Fostering positive social and/or environmental impact, improving livelihoods of underprivileged populations 36,131 None 4/10/15 3/27/15 9/24/2016 7/10/17 7/5/18 10/7/19 11/13/20 11/10/21 10/19/23    
Quidnet Energy
  		14699 Grove St
Healdsburg,CA95448 		2015-05-07 125,000 Addressing environmental issues with traditional energy generation methods and providing solutions to electricity grid limitations 125,000 None 11/14/16 7/27/17 8/16/18 11/13/19 11/2/20 11/8/21 10/20/23 10/31/24 7/1/25    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2015-05-14 45,000 Increasing access to essential products and services for disconnected communities 45,000 None 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024 8/8/25    
Owl Ventures LP
  		400 Pacific Avenue 3rd Floor
San Francisco,CA94133 		2015-05-18 136,895 Addressing problems associated with poor learning achievement outcomes and increasing educational opportunities 136,895 None 2/11/16 10/25/17 7/13/18 11/9/19 11/1/20 10/11/21 10/13/23 10/15/24 8/13/25    
VilCap Investments LLC
  		3337 Fretz Valley Rd
Perkasie,PA18944 		2015-07-10 2,668 Fostering positive social and/or environmental impact, improving livelihoods of underprivileged populations 2,688 None 9/24/16 7/10/17 7/5/18 10/7/19 11/13/20 11/10/21 10/19/23    
Owl Ventures LP
  		400 Pacific Avenue 3rd Floor
San Francisco,CA94133 		2015-08-05 30,000 Addressing problems associated with poor learning achievement outcomes and increasing educational opportunities 30,000 None 2/11/16 10/25/17 7/13/18 11/9/19 11/1/20 10/11/21 10/13/23 10/15/24 8/13/25    
Owl Ventures LP
  		400 Pacific Avenue 3rd Floor
San Francisco,CA94133 		2015-10-13 15,000 Addressing problems associated with poor learning achievement outcomes and increasing educational opportunities 15,000 None 2/11/16 10/25/17 7/13/18 11/9/19 11/1/20 10/11/21 10/13/23 10/15/24 8/13/25    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2015-12-11 21,500 Increasing access to essential products and services for disconnected communities 21,500 None 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024 8/8/25    
VilCap Investments LLC
  		3337 Fretz Valley Rd
Perkasie,PA18944 		2015-12-29 33,368 Fostering positive social and/or environmental impact, improving livelihoods of underprivileged populations 33,368 None 9/24/16 7/10/17 7/5/18 10/7/19 11/13/20 11/10/21 10/19/23    
Owl Ventures LP
  		400 Pacific Avenue 3rd Floor
San Francisco,CA94133 		2016-01-06 45,000 Addressing problems associated with poor learning achievement outcomes and increasing educational opportunities 45,000 None 10/25/2017 7/13/18 10/9/19 11/1/20 10/11/21 10/13/23 10/15/24 8/13/25    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2016-02-01 34,000 Increasing access to essential products and services for disconnected communities 34,000 None 2017 7/12/18 10/18/19 11/6/20 10/15/21 11/4/22 11/10/23 10/28/24 8/8/25    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2016-03-31 16,500 Increasing access to essential products and services for disconnected communities 16,500 None 2017 7/12/18 10/18/19 11/6/20 10/15/21 11/4/22 11/10/23 10/28/24 8/8/25    
Owl Ventures LP
  		400 Pacific Avenue 3rd Floor
San Francisco,CA94133 		2016-04-20 50,000 Addressing problems associated with poor learning achievement outcomes and increasing educational opportunities 50,000 None 2017 7/13/18 10/9/19 11/1/20 10/11/20 10/11/21 10/13/23 10/15/24 8/13/25    
VilCap Investments LLC
  		3337 Fretz Valley Rd
Perkasie,PA18944 		2016-07-18 13,358 Fostering positive social and/or environmental impact, improving livelihoods of underprivileged populations 13,358 None 7/10/17 7/5/18 10/7/19 11/13/20 11/10/21 10/19/23    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2016-09-16 18,500 Increasing access to essential products and services for disconnected communities 18,500 None 11/10/2017 7/12/18 10/18/19 11/6/20 10/15/21 11/4/22 11/10/23 8/8/25    
VilCap Investments LLC
  		3337 Fretz Valley Rd
Perkasie,PA18944 		2016-10-24 42,169 Fostering positive social and/or environmental impact, improving livelihoods of underprivileged populations 42,169 None 7/10/17 7/5/18 10/7/19 11/13/20 11/10/21 10/19/23    
Liberty & Justice Inc
  		302A West 12th St 309
New York,NY10014 		2016-10-27 12,641 Creating jobs and increasing access to healthcare 12,641 None 4/4/17 11/14/18 10/14/19 11/11/20 11/11/21 12/13/22 10/15/25    
Owl Ventures LP
  		400 Pacific Avenue 3rd Floor
San Francisco,CA94133 		2016-12-02 50,000 Addressing problems associated with poor learning achievement outcomes and increasing educational opportunities 50,000 None 2017 7/13/18 10/9/19 11/1/20 10/11/20 10/11/21 10/13/23 10/15/24 8/13/25    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2016-12-02 20,500 Increasing access to essential products and services for disconnected communities 20,500 None 2017 7/12/18 10/18/19 11/6/20 10/15/21 11/4/22 11/10/23 10/28/24 8/8/25    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2017-01-24 20,000 Increasing access to essential products and services for disconnected communities 20,000 None 7/12/18 10/18/19 11/6/20 10/15/21 11/4/22 11/10/23 10/28/24 8/8/25    
VilCap Investments LLC
  		3337 Fretz Valley Rd
Perkasie,PA18944 		2017-03-06 40,681 Fostering positive social and/or environmental impact, improving livelihoods of underprivileged populations 40,681 None 7/5/18 10/7/19 11/13/20 11/10/21 10/19/23    
Waste Capital Partners Inc
  		656 Arguello Blvd 2
San Francisco,CA94118 		2017-04-03 140,000 Adressing waste collection problems including reducing greenhouse gases and landfill items. Increasing income and job opportunities for underprivileged populations 140,000 None 7/8/18 11/8/19 11/11/20 11/9/21    
Liberty & Justice Inc
  		302A West 12th St 309
New York,NY10014 		2017-04-04 50,000 Creating jobs and increasing access to healthcare 50,000 None 11/5/2018 10/14/19 11/11/20 11/11/21 12/13/22 10/15/25    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2017-04-06 36,497 Increasing access to essential products and services for disconnected communities 36,467 None 7/12/18 10/18/19 11/6/20 10/15/21 11/4/22 11/10/23 10/28/24 8/8/25    
VilCap Investments LLC
  		3337 Fretz Valley Rd
Perkasie,PA18944 		2017-06-01 47,114 Fostering positive social and/or environmental impact, improving livelihoods of underprivileged populations 47,114 None 7/5/18 10/7/19 11/13/20 11/10/21 10/19/23    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2017-06-12 18,500 Increasing access to essential products and services for disconnected communities 18,500 None 7/12/18 10/18/19 11/6/20 10/15/21 11/4/22 11/10/23 10/28/24 8/8/25    
Capria Accelerator Fund LP
  		815 1st Ave 302
Seattle,WA89104 		2017-07-21 25,000 Creation of early-stage impact investment funds in emerging markets with the ability to improve lives of low-income individuals 25,000 None 7/9/2018 7/15/19 11/16/20 10/12/21 11/4/22 10/15/23 10/31/24 8/15/25    
Owl Ventures LP
  		400 Pacific Avenue 3rd Floor
San Francisco,CA94133 		2017-09-05 25,000 Addressing problems associated with poor learning achievement outcomes and increasing educational opportunities 25,000 None 7/13/2018 10/9/19 11/1/20 10/11/20 10/11/21 10/13/23 10/15/24 8/13/25    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2017-09-21 26,503 Increasing access to essential products and services for disconnected communities 26,503 None 7/12/18 10/18/19 11/6/20 10/15/21 11/4/22 11/10/23 10/28/24 8/8/25    
VilCap Investments LLC
  		3337 Fretz Valley Rd
Perkasie,PA18944 		2017-10-13 62,035 Fostering positive social and/or environmental impact, improving livelihoods of underprivileged populations 62,035 None 7/5/18 10/7/19 11/13/20 11/10/21 10/19/23    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2017-12-21 33,000 Increasing access to essential products and services for disconnected communities 33,000 None 7/12/18 10/18/19 11/6/20 10/15/21 11/4/22 11/10/23 10/28/24 8/8/25    
University Venture Fund II
  		1655 Campus Center Dr Suite 6123
Salt Lake City,UT84112 		2017-12-21 66,667 Educating university students in social impact entrepreneurship and promoting community development in low and moderate income households 66,667 None 7/3/2018 11/13/19 11/12/20 10/9/21 12/2/22 10/22/24 8/21/25    
Capria Accelerator Fund LP
  		815 1st Ave 302
Seattle,WA89104 		2018-01-05 50,000 Creation of early-stage impact investment funds in emerging markets with the ability to improve lives of low-income individuals 50,000 None 7/15/2019 11/16/20 10/12/21 11/4/22 10/15/23 10/31/24 8/15/25    
Owl Ventures LP
  		400 Pacific Avenue 3rd Floor
San Francisco,CA94133 		2018-01-24 35,000 Addressing problems associated with poor learning achievement outcomes and increasing educational opportunities 35,000 None 10/9/2019 11/1/20 10/11/21 10/13/23 10/15/24 8/13/25    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2018-03-08 36,000 Increasing access to essential products and services for disconnected communities 36,000 None 10/18/2019 11/6/20 10/15/21 11/4/22 11/10/23 10/28/24 8/8/25    
VilCap Investments LLC
  		3337 Fretz Valley Rd
Perkasie,PA18944 		2018-03-23 38,114 Fostering positive social and/or environmental impact, improving livelihoods of underprivileged populations 38,114 None 10/7/19 11/13/20 11/10/21 10/19/23    
Quidnet Energy
  		14699 Grove St
Healdsburg,CA95448 		2018-05-10 18,818 Addressing environmental issues with traditional energy generation methods and providing solutions to electricity grid limitations 18,818 None 11/13/19 11/2/20 11/8/21 10/20/23 10/31/24 7/1/25    
VilCap Investments LLC
  		3337 Fretz Valley Rd
Perkasie,PA18944 		2018-07-19 45,856 Fostering positive social and/or environmental impact, improving livelihoods of underprivileged populations 45,856 None 10/7/2019 11/13/20 11/10/21 10/19/23    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2018-07-30 11,500 Increasing access to essential products and services for disconnected communities 11,500 None 10/18/2019 11/6/20 10/15/21 11/4/22 11/10/23 10/28/24 8/8/25    
University Venture Fund II
  		1655 Campus Center Dr Suite 6123
Salt Lake City,UT84112 		2018-09-07 37,037 Educating university students in social impact entrepreneurship and promoting community development in low and moderate income households 37,037 None 11/13/2019 11/12/20 10/9/21 12/2/22 10/22/24 8/21/25    
Owl Ventures LP
  		400 Pacific Avenue 3rd Floor
San Francisco,CA94133 		2018-11-19 25,000 Addressing problems associated with poor learning achievement outcomes and increasing educational opportunities 25,000 None 10/9/2019 11/1/20 10/11/21 10/13/23 10/15/24 8/13/25    
VilCap Investments LLC
  		3337 Fretz Valley Rd
Perkasie,PA18944 		2018-12-24 35,225 Fostering positive social and/or environmental impact, improving livelihoods of underprivileged populations 35,225 None 10/7/19 11/13/20 11/10/21 10/19/23    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2018-12-21 14,000 Increasing access to essential products and services for disconnected communities 14,000 None 10/18/2019 11/6/20 10/15/21 11/4/22 11/10/23 10/28/24 8/8/25    
University Venture Fund II
  		1655 Campus Center Dr Suite 6123
Salt Lake City,UT84112 		2018-12-27 150,000 Educating university students in social impact entrepreneurship and promoting community development in low and moderate income households 150,000 None 11/13/2019 11/12/20 10/9/21 12/2/22 10/22/24 8/21/25    
Newday Financial Technologies Inc
  		735 Montgomery Street
San Francisco,CA84111 		2018-12-31 100,000 Increasing access to and awareness of socially-impactful investments 100,000 None 11/4/2020 12/29/20 11/14/21 10/25/23    
Owl Ventures LP
  		400 Pacific Avenue 3rd Floor
San Francisco,CA94133 		2019-02-21 25,000 Addressing problems associated with poor learning achievement outcomes and increasing educational opportunities 25,000 None 11/1/2020 10/11/21 10/13/23 10/15/24 8/13/25    
Recyclops LLC
  		222 S Main St FL 5
Salt Lake City,UT84101 		2019-05-17 100,000 Programming to facilitate and assisst consumers with recycling to reduce landfills 100,000 None 3/18/2020 10/14/21 5/22/23 10/21/24 6/11/25    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2019-05-20 22,000 Increasing access to essential products and services for disconnected communities 22,000 None 11/6/2020 10/15/21 11/4/22 11/10/23 10/28/24 8/8/25    
VilCap Investments LLC
  		3337 Fretz Valley Rd
Perkasie,PA18944 		2019-06-17 27,284 Fostering positive social and/or environmental impact, improving livelihoods of underprivileged populations 1,583 None 11/13/20 11/10/21 10/19/23    
Capria Accelerator Fund LP
  		815 1st Ave 302
Seattle,WA89104 		2019-06-26 87,500 Creation of early-stage impact investment funds in emerging markets with the ability to improve lives of low-income individuals 87,500 None 11/16/2020 10/12/21 11/4/22 10/15/22 10/31/24 8/15/25    
Capsule Global Inc (aka Flare)'
  		8 the GRN B STE
Dover,DE19901 		2019-07-15 250,000 Reducing emergency response times and saving lives through connecting emergency repsone units to patients in need 250,000 None 9/17/2020 11/8/21 10/10/23 8/26/25    
University Venture Fund II
  		1655 Campus Center Dr Suite 6123
Salt Lake City,UT84112 		2019-07-24 41,333 Educating university students in social impact entrepreneurship and promoting community development in low and moderate income households 41,333 None 11/12/2020 10/9/21 12/2/22 10/22/24 8/21/25    
Catbus InfoLabs Private Limited (aka Blowhorn)
  		511 8th Cross JP Nagar Third Phase
Bangalore   560078
IN 		2019-09-05 246,579 Increasing business opportuities and income for lower middle-income Indian residents to alleviate burdents of the poor and provide greater education opportunities 246,579 None 10/7/21, 10/30/24 7/4/25    
M-PREP Inc (aka Eneza)
  		1040 W Adams Street
Chicago,IL60607 		2019-09-30 100,000 Promoting and improving education in Agrican countries 100,000 None 11/6/2020 10/14/21    
Owl Ventures LP
  		400 Pacific Avenue 3rd Floor
San Francisco,CA94133 		2019-10-01 10,000 Addressing problems associated with poor learning achievement outcomes and increasing educational opportunities 10,000 None 11/1/2020 10/11/21 10/13/23 10/15/24 8/13/25    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2019-11-21 12,500 Increasing access to essential products and services for disconnected communities 12,500 None 11/6/2020 10/15/21 11/4/22 11/10/23 10/28/24 8/8/25    
University Venture Fund II
  		1655 Campus Center Dr Suite 6123
Salt Lake City,UT84112 		2019-12-26 82,668 Educating university students in social impact entrepreneurship and promoting community development in low and moderate income households 82,668 None 11/12/2020 10/9/21 12/2/22 10/22/24 8/21/25    
University Venture Fund II
  		1655 Campus Center Dr Suite 6123
Salt Lake City,UT84112 		2020-02-12 160,000 Educating university students in social impact entrepreneurship and promoting community development in low and moderate income households 160,000 None 10/9/2021 12/2/22 10/22/24 8/21/25    
Recyclops LLC
  		222 S Main St FL 5
Salt Lake City,UT84101 		2020-03-20 25,000 Programming to facilitate and assisst consumers with recycling to reduce landfills 25,000 None 10/14/2021 5/22/23 10/21/24 6/11/25    
University Venture Fund II
  		1655 Campus Center Dr Suite 6123
Salt Lake City,UT84112 		2020-03-23 25,333 Educating university students in social impact entrepreneurship and promoting community development in low and moderate income households 25,333 None 10/9/2021 12/2/22 10/22/24 8/21/25    
Owl Ventures LP
  		400 Pacific Avenue 3rd Floor
San Francisco,CA94133 		2020-03-27 35,000 Addressing problems associated with poor learning achievement outcomes and increasing educational opportunities 35,000 None 10/11/2021 10/13/23 10/15/24 8/13/25    
VilCap Investments LLC
  		3337 Fretz Valley Rd
Perkasie,PA18944 		2020-04-17 64,495 Fostering positive social and/or environmental impact, improving livelihoods of underprivileged populations 64,495 None 11/10/21 10/19/23    
University Venture Fund II
  		1655 Campus Center Dr Suite 6123
Salt Lake City,UT84112 		2020-04-21 41,333 Educating university students in social impact entrepreneurship and promoting community development in low and moderate income households 41,333 None 10/9/2021 12/2/22 10/22/24 8/21/25    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2020-05-12 13,500 Increasing access to essential products and services for disconnected communities 13,500 None 10/15/2021 11/4/22 11/10/23 10/28/24 8/8/25    
VilCap Investments LLC
  		3337 Fretz Valley Rd
Perkasie,PA18944 		2020-06-24 11,994 Fostering positive social and/or environmental impact, improving livelihoods of underprivileged populations 11,994 None 11/10/21 10/19/23    
Capsule Global Inc (aka Flare)'
  		8 the GRN B STE
Dover,DE19901 		2020-07-12 17,548 Reducing emergency response times and saving lives through connecting emergency repsone units to patients in need 17,548 None 11/8/2021 10/10/23 8/26/25    
University Venture Fund II
  		1655 Campus Center Dr Suite 6123
Salt Lake City,UT84112 		2020-08-12 48,000 Educating university students in social impact entrepreneurship and promoting community development in low and moderate income households 48,000 None 10/9/2021 12/2/22 10/22/24 8/21/25    
VilCap Investments LLC
  		3337 Fretz Valley Rd
Perkasie,PA18944 		2020-10-16 35,472 Fostering positive social and/or environmental impact, improving livelihoods of underprivileged populations 35,472 None 11/10/2021 10/19/23    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2020-11-16 12,500 Increasing access to essential products and services for disconnected communities 12,500 None 10/15/2021 11/4/22 11/10/23 10/28/24 8/8/25    
Element3 Health Inc
  		1550 Wewatta 2nd Floor
Denver,CO80202 		2020-12-01 250,000 Development of health solutions for seniors, reducing anxiety, depression, and related issues 250,000 None 10/15/2021 10/15/23 10/31/24    
VilCap Investments LLC
  		3337 Fretz Valley Rd
Perkasie,PA94108 		2020-12-29 33,575 Fostering positive social and/or environmental impact, improving livelihoods of underprivileged populations 33,575 None 11/10/21 10/19/23    
University Venture Fund II
  		1655 Campus Center Dr Suite 6123
Salt Lake City,UT84112 		2020-12-30 29,333 Educating university students in social impact entrepreneurship and promoting community development in low and moderate income households 29,333 None 10/9/2021 12/2/22 10/22/24 8/21/25    
Newday Financial Technologies Inc
  		735 Montgomery Street
San Francisco,CA84111 		2020-12-30 48,000 Increasing access to and awareness of socially-impactful investments 48,000 None 11/14/2021 10/25/23    
Capria Accelerator Fund LP
  		815 1st Ave 302
Seattle,WA89104 		2021-02-12 18,750 Creation of early-stage impact investment funds in emerging markets for the purpose of improving livliehoods of low-income individuals 18,750 None 11/4/22 10/15/23 10/31/24 8/15/25    
University Venture Fund II
  		1655 Campus Center Dr Suite 6123
Salt Lake City,UT84112 		2021-03-05 85,333 Educating university students in social impact entrepreneurship and promoting community development in low and moderate income households 85,333 None 12/2/22 10/22/24 8/21/25    
Recyclops LLC
  		222 S Main St FL 5
Salt Lake City,UT84101 		2021-03-12 5,939 Programs to facilitate and assist consumers with recyclying to reduce landfills 5,939 None 11/4/2022 5/22/23 10/21/24 6/11/25    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2021-04-12 4,000 Increasing access to essential producs and services for disconnected communities 4,000 None 11/4/2022 11/10/23 10/28/24 8/8/25    
University Venture Fund II
  		1655 Campus Center Dr Suite 6123
Salt Lake City,UT84112 		2021-04-27 168,000 Educating university students in social impact entrepreneurship and promoting community development in low and moderate income households 168,000 None 12/2/22 10/22/24 8/21/25    
University Venture Fund II
  		1655 Campus Center Dr Suite 6123
Salt Lake City,UT84112 		2021-07-01 33,333 Educating university students in social impact entrepreneurship and promoting community development in low and moderate income households 33,333 None 12/2/22 10/22/24 8/21/25    
Capria Accelerator Fund LP
  		815 1st Ave 302
Seattle,WA89104 		2021-08-11 21,250 Creation of early-stage impact investment funds in emerging markets for the purpose of improving livliehoods of low-income individuals 21,250 None 11/4/22 10/15/23 10/31/24 8/15/25    
University Venture Fund II
  		1655 Campus Center Dr Suite 6123
Salt Lake City,UT84112 		2021-11-03 26,668 Educating university students in social impact entrepreneurship and promoting community development in low and moderate income households 26,668 None 12/2/22 10/22/24 8/21/25    
Recyclops LLC
  		222 S Main St FL 5
Salt Lake City,UT84101 		2021-12-21 16,426 Programs to facilitate and assist consumers with recyclying to reduce landfills 16,426 None 11/4/2022 5/22/23 10/21/24 6/11/25    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2022-01-26 8,000 Increasing access to essential products and services for disconnected communities 8,000 None 11/10/23 10/28/24 8/8/25    
University Venture Fund II
  		1655 Campus Center Dr Suite 6123
Salt Lake City,UT84112 		2022-02-22 106,000 Educating university students in social impact entrepreneurship and promoting community development in low and moderate income households 106,000 None 10/22/24 8/21/25    
University Venture Fund II
  		1655 Campus Center Dr Suite 6123
Salt Lake City,UT84112 		2022-07-05 102,667 Educating university students in social impact entrepreneurship and promoting community development in low and moderate income households 102,667 None 10/22/24 8/21/25    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2022-08-31 3,000 Increasing access to essential products and services for disconnected communities 3,000 None 11/10/23 10/28/24 8/8/25    
RASA Benefit Corporation
  		180 E 2100 S Suite 206
South Salt Lake,UT84115 		2022-09-02 150,000 Increasing opportutnities for individuals by providing low-cost legal assistance 150,000 None 4/12/23 10/31/24 6/25/25    
University Venture Fund II
  		1655 Campus Center Dr Suite 6123
Salt Lake City,UT84112 		2022-12-02 44,400 Educating university students in social impact entrepreneurship and promoting community development in low and moderate income households 44,400 None 10/22/24 8/21/25    
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2022-12-06 4,000 Increasing access to essential products and services for disconnected communities 4,000 None 11/10/23 10/28/24 8/8/25    
Liberty & Justice LLC
  		302A West 12th St 309
New York,NY10014 		2023-01-18 100,000 Working capital loan to create job opportunities for skilled workers in Africa 0 None 10/15/25    
VilCap Investments LLC
  		3337 Fretz Valley Rd
Perkasie,PA18944 		2023-03-09 13,147 Investing in positive social and environmental impact companies for purposes as clean energy, increasing access to education and healthcare, and improving livelihoods of underprivileged populations 0        
Recyclops LLC
  		222 S Main St FL 5
Salt Lake City,UT84101 		2023-06-28 150,000 Programs to facilitate and assist consumers with recyclying to reduce landfills 150,000 None 10/21/24 6/11/25    
RASA Benefit Corporation
  		180 E 2100 S Suite 206
Salt Lake City,UT84115 		2023-07-06 150,000 Increasing opportutnities for individuals by providing low-cost legal assistance 150,000 None 10/31/24 6/25/25    
VilCap Investments LLC
  		3337 Fretz Valley Rd
Perkasie,PA18944 		2023-09-08 12,899 Investing in positive social and environmental impact companies for purposes as clean energy, increasing access to education and healthcare, and improving livelihoods of underprivileged populations 0        
Elevar Equity III LP
  		450 Alaskan Way S Suite 200
Seattle,WA98104 		2023-09-12 6,000 Increasing access to essential products and services for disconnected communities 6,000 None 10/28/24 8/8/25    
Impact Alpha Inc
  		2009 Francisco St
Berkley,CA94709 		2023-10-11 250,000 Engaging in charitable and educational purposes of building and promoting awareness, information, and critical resources to catalyze impact investing for a more inclusive form of capitalism to help solve pressing societal and environmental problems 186,000 None 9/29/25    
Redemption Holding Company
  		350 E 400 S Suite 310
Salt Lake City,UT84111 		2023-12-21 500,000 Addressing social and financial barriers of historically underserved communities by increasing access to resources for prosperity and opportunity. 500,000 None 10/22/24 8/27/25    
Owl Ventures LP
  		400 Pacific Avenue 3rd Floor
San Francisco,CA94133 		2024-07-03 10,000 Addressing problems associated with poor learning achievement outcomes and increasing educational opportunities 10,000 None 8/13/25    
Chario Inc
  		3476 Gates Avenue Apt 2A
Brooklyn,NY11216 		2024-09-30 250,000 Development of software to faciliate finding and making program-related investments and to make funcionality available without charge to low-resourced charitable organizations. 250,000 None 09/18/25    
Redemption Holding Company
  		350 E 400 S Suite 310
Salt Lake City,UT84111 		2024-12-18 250,000 Addressing social and financial barriers of historically underserved communities by increasing access to resources for prosperity and opportunity. 250,000 None 8/27/25    

TY 2024 InvestmentsCorpBondsSchedule
Name:
James Lee Sorenson Family Foundation
EIN:
45-6794415
Name of Bond End of Year Book Value End of Year Fair Market Value
AT&T INC SER B NOTE 64,007 64,007
ALEXANDRIA REAL ESTATE EQ INC NOTE 34,530 34,530
AMERICAN ELEC PWR CO INC SER N NOTE 63,106 63,106
AMERICAN HONDA FIN CORP SER A MTN 51,657 51,657
AMERICAN TOWER CORP NOTE 29,456 29,456
AMERICAN TOWER CORP NOTE 8,673 8,673
AMGEN INC NOTE 47,807 47,807
ELEVANCE HEALTH INC NOTE 53,673 53,673
ASTRAZENECA FINANCE LLC NOTE 45,984 45,984
BANK AMERICA CORP SER N MTN 103,769 103,769
BANK MONTREAL MEDIUM MTN 53,736 53,736
BANK NEW YORK MELLON CORP SER J MTN 35,581 35,581
BLACKROCK INC NOTE 50,120 50,120
BOSTON PPTYS LTD PARTNERSHIP NOTE 33,927 33,927
BRISTOL-MYERS SQUIBB CO NOTE 46,009 46,009
CNH INDUSTRIAL CAPITAL LLC NOTE 28,727 28,727
CVS HEALTH CORP NOTE 73,528 73,528
CITIGROUP INC NOTE 83,696 83,696
COMCAST CORP NEW NOTE 49,759 49,759
JOHN DEERE CAPITAL CORPORATION SER MTN 51,630 51,630
DISNEY WALT CO NOTE 53,754 53,754
ENBRIDGE INC NOTE 19,880 19,880
EVERSOURCE ENERGY SER R NOTE 54,484 54,484
EXELON CORP NOTE 24,768 24,768
FIFTH THIRD BANCORP NOTE 50,173 50,173
HOME DEPOT INC NOTE 78,213 78,213
JPMORGAN CHASE &CO NOTE 95,766 95,766
LOCKHEED MARTIN CORP NOTE 37,225 37,225
LOWES COS INC NOTE 49,530 49,530
MEDTRONIC GLOBAL HLDGS S C A NOTE 44,922 44,922
MORGAN STANLEY SER I MTN 53,534 53,534
NATIONAL RURAL UTILS COOP FIN SER D MTN 30,757 30,757
NEXTERA ENERGY CAP HLDGS INC BOND 53,924 53,924
PROGRESSIVE CORP NOTE 44,361 44,361
PUBLIC SVC ELEC &GAS CO SER L MTN 19,375 19,375
REALTY INCOME CORP NOTE 40,923 40,923
ROYAL BK CDA SER I MTN 41,712 41,712
RYDER SYS INC MTN 26,334 26,334
SEMPRA NOTE 63,055 63,055
STARBUCKS CORP NOTE 30,613 30,613
THERMO FISHER SCIENTIFIC INC NOTE 30,386 30,386
TOTAL CAP INTL NOTE 24,137 24,137
UNITEDHEALTH GROUP INC NOTE 23,252 23,252
WASTE MGMT INC DEL NOTE 54,971 54,971
WILLIS NORTH AMER INC NOTE 24,995 24,995

TY 2024 InvestmentsCorpStockSchedule
Name:
James Lee Sorenson Family Foundation
EIN:
45-6794415
Name of Stock End of Year Book Value End of Year Fair Market Value
ABB LTD SPON ADR EACH REP 1 ORD SHS 11,225 11,225
ADT INC DEL COM 8,119 8,119
AFLAC INC COM 6,724 6,724
AFLAC INC COM 38,893 38,893
AGCO CORP COM USD0.01 8,978 8,978
AIA GROUP ADR 6,340 6,340
AT&T INC COM USD1 76,470 76,470
AT&T INC COM USD1 12,888 12,888
ASE TECHNOLOGY HOLDING CO LTD SPON ADS EACH REP 2 ORD SHS 7,281 7,281
AUO CORPORATION SPON ADS EACH REP 10 ORD SHS TWD10 7,260 7,260
AXT INC 22,004 22,004
ABBOTT LABORATORIES 85,850 85,850
ABBOTT LABORATORIES 15,609 15,609
ACACIA RESEARCH CORP 20,580 20,580
ADOBE INC COM 10,672 10,672
AECOM 10,888 10,888
ADVANCED MICRO DEVICES INC 11,233 11,233
ADVANCED MICRO DEVICES INC 21,863 21,863
AGILENT TECHNOLOGIES INC COM USD0.01 5,642 5,642
AGILENT TECHNOLOGIES INC COM USD0.01 17,867 17,867
AIRBNB INC COM CL A 6,308 6,308
AIR LEASE CORP 8,352 8,352
AIR PRODUCTS AND CHEMICALS INC 7,541 7,541
AIR PRODUCTS AND CHEMICALS INC 32,243 32,243
AKAMAI TECHNOLOGIES COM USD0.01 6,887 6,887
AKAMAI TECHNOLOGIES COM USD0.01 6,982 6,982
AKER BP ASA UNSPON ADS EACH REP 1/2 COM 1,995 1,995
ALBEMARLE CORP COM USD0.01 8,071 8,071
ALCOA CORP COM 80,358 80,358
ALIBABA GROUP HOLDING LTD SPON ADS EACH REP 8 ORD SHS 17,612 17,612
ALICO INC 39,362 39,362
ATI INC COM USD0.10 8,256 8,256
ALLIANZ SE UNSPON ADS EACH REP 1/10 ORD SHARES 10,078 10,078
ALLSTATE CORP COM USD0.01 21,207 21,207
EA SERIES TRUST BUSHIDO CAP U S 999,895 999,895
EA SERIES TRUST BUSHIDO CAP U S 2,370,776 2,370,776
ALPHABET INC CAP STK CL C 226,433 226,433
ALPHABET INC CAP STK CL C 10,093 10,093
ALPHABET INC CAP STK CL C 76,055 76,055
ALPHABET INC CAP STK CL C 19,044 19,044
ALPHABET INC CAP STK CL A 83,481 83,481
ALPHABET INC CAP STK CL A 86,239 86,239
AMADEUS IT GROUP S A UNSPONSORED ADS 6,137 6,137
AMAZON.COM INC 10,750 10,750
AMAZON.COM INC 154,451 154,451
AMAZON.COM INC 94,996 94,996
AMAZON.COM INC 357,825 357,825
U HAUL HOLDING COMPANY COM SER N 13,130 13,130
AMERICAN EXPRESS CO COM USD0.20 13,652 13,652
AMERICAN EXPRESS CO COM USD0.20 50,454 50,454
AMERICAN INTERNATIONAL GROUP INC 29,994 29,994
AMERICAN INTERNATIONAL GROUP INC 5,169 5,169
AMERICAN PUB ED INC COM 11,842 11,842
AMERIPRISE FINANCIAL INC COM USD0.01 14,376 14,376
AMERIPRISE FINANCIAL INC COM USD0.01 5,857 5,857
AMTECH SYSTEMS INC 18,552 18,552
ANGLO AMERICAN SPON ADR EACH REP 0.5 ORD 10,251 10,251
ANHEUSER-BUSCH INBEV SA/NV ADR EAH REP 1 ORD NPV 8,912 8,912
ANSYS INC COM USD0.01 8,096 8,096
ANTERO RESOURCES CORP COM 11,637 11,637
ELEVANCE HEALTH INC COM 36,833 36,833
ELEVANCE HEALTH INC COM 73,780 73,780
ELEVANCE HEALTH INC COM 8,116 8,116
ANTERO MIDSTREAM CORP COM 18,707 18,707
ANZ GROUP HOLDINGS LIMITED SPON ADR EACH REP 1 ORD SHS 8,285 8,285
APOLLO GLOBAL MGMT INC COM 17,795 17,795
APOLLO GLOBAL MGMT INC COM 9,414 9,414
APPLE INC 12,271 12,271
APPLE INC 164,776 164,776
APPLIED MATERIALS INC COM USD0.01 13,484 13,484
APPLIED MATERIALS INC COM USD0.01 9,758 9,758
APTARGROUP INC 7,685 7,685
ARISTA NETWORKS INC COM SHS 10,169 10,169
ASURE SOFTWARE INC 34,083 34,083
ATLAS COPCO AB SP ADR B NEW 7,762 7,762
AUTODESK INC 71,824 71,824
AUTOMATIC DATA PROCESSING INC COM 11,416 11,416
AUTOMATIC DATA PROCESSING INC COM 29,566 29,566
AUTOZONE INC COM USD0.01 12,808 12,808
AVERY DENNISON CORP COM USD1 5,240 5,240
BJS WHSL CLUB HLDGS INC COM 17,691 17,691
BNP PARIBAS ADR 5,434 5,434
BM TECHNOLOGIES INC CL A COM 14,215 14,215
BGSF INC COM 11,701 11,701
BYD CO UNSP ADR EACH REPR 2 ORD 7,069 7,069
BAIDU INC SPON ADS EACH REP 8 ORD SHS 5,480 5,480
BALL CORP COM NPV 13,513 13,513
BANCO BILBAO VIZCAYA ARGENTAR ADS EACH REPR 1 ORD EUR0.49 6,444 6,444
BANKWELL FINL GROUP INC COM USD0.01 28,222 28,222
BARRETT BUSINESS SVCS INC COM 55,212 55,212
BAYER AG SPON ADR EACH REP 0.25 ORD SHS 70,843 70,843
BAYERISCHE MOTOREN WERKE AG UNSP ADR EACH REP 0.33 ORD SHS 9,995 9,995
BECTON DICKINSON &CO COM USD1.00 7,940 7,940
BECTON DICKINSON &CO COM USD1.00 39,022 39,022
BELLRING BRANDS INC COMMON STOCK 6,329 6,329
BERKLEY W R CORP COM 12,874 12,874
BERRY GLOBAL GROUP INC 9,137 9,137
BEST BUY CO INC COM USD0.10 9,841 9,841
BIO RAD LABORATORIES INC 7,556 7,556
BIOGEN INC COM USD0.0005 6,576 6,576
BIOGEN INC COM USD0.0005 28,902 28,902
BLACKSTONE INC 10,862 10,862
BLACKROCK INC COM 13,326 13,326
BLACKROCK INC COM 71,381 71,381
BOEING CO 107,262 107,262
BOOKING HOLDINGS INC COM 14,905 14,905
BOOKING HOLDINGS INC COM 24,842 24,842
BORG WARNER INC COM USD0.01 8,403 8,403
BOSTON SCIENTIFIC CORP 66,186 66,186
BOSTON SCIENTIFIC CORP 17,060 17,060
BOWMAN CONSULTING GROUP LTD COM 35,529 35,529
BRAMBLES LTD SPON ADR EACH REP 2 ORD SHS 7,311 7,311
BROADRIDGE FINANCIAL SOLUTION INC COM USD0.01 9,044 9,044
BROADCOM INC COM 8,114 8,114
BROADCOM INC COM 50,309 50,309
BROWN & BROWN INC 9,099 9,099
BROWN-FORMAN CORP 16,735 16,735
BUILD-A-BEAR WORKSHOP INC COM 58,931 58,931
CBOE GLOBAL MARKETS INC 5,862 5,862
CBOE GLOBAL MARKETS INC 17,977 17,977
CBRE GROUP INC COM USD0.01 CLASS A 19,037 19,037
CH ROBINSON WORLDWIDE INC COM USD0.10 13,225 13,225
THE CIGNA GROUP COM 35,898 35,898
THE CIGNA GROUP COM 8,008 8,008
CME GROUP INC COM 51,323 51,323
CME GROUP INC COM 9,986 9,986
CPI CARD GROUP INC COM NEW 20,415 20,415
CADENCE DESIGN SYSTEMS INC COM USD0.01 6,911 6,911
THE CAMPBELL'S COMPANY COMMON STOCK 16,124 16,124
CANON INC SPON ADR EACH REP 1 ORD NPV 7,390 7,390
CAPITAL BANCORP INC MD COM 35,169 35,169
CAPITAL ONE FINANCIAL CORP COM USD0.01 117,870 117,870
CARREFOUR SA SPON ADR EACH REPR 1/5 SHS 5,846 5,846
CARRIER GLOBAL CORPORATION COM 23,140 23,140
CARRIER GLOBAL CORPORATION COM 6,758 6,758
CARVANA CO CL A 7,118 7,118
CATERPILLAR INC COM 12,697 12,697
CATERPILLAR INC COM 64,934 64,934
CENTENE CORP 16,114 16,114
CHARTER COMMUNICATIONS INC NEW CL A 45,588 45,588
CHARTER COMMUNICATIONS INC NEW CL A 13,711 13,711
CHINA MERCHANTS BANK CO LTD UNSP ADR EACH REPR 5 ORD H SHS 7,247 7,247
CHIPOTLE MEXICAN GRILL INC 8,864 8,864
CHUNGHWA TELECOM ADR EA REPR 10 ORD TWD10 10,241 10,241
CHURCH &DWIGHT CO INC COM 7,434 7,434
CHURCH &DWIGHT CO INC COM 30,156 30,156
CINCINNATI FINANCIAL CORP COM USD2.00 18,608 18,608
CISCO SYSTEMS INC 85,899 85,899
CISCO SYSTEMS INC 14,859 14,859
CINTAS CORP 16,808 16,808
CINTAS CORP 9,318 9,318
CITIGROUP INC 75,302 75,302
CITIGROUP INC 12,459 12,459
CIVISTA BANCSHARES INC COM NO PAR 14,118 14,118
CLEAN HARBORS INC 7,134 7,134
CLOUDFLARE INC CL A COM 7,215 7,215
COCA COLA CONS INC COM 6,316 6,316
COGNIZANT TECHNOLOGY SOLUTIONS CORP COM CL A USD0.01 16,380 16,380
COLGATE-PALMOLIVE CO COM 9,091 9,091
COLGATE-PALMOLIVE CO COM 50,966 50,966
COLONY BANKCORP INC 35,782 35,782
COMCAST CORP 61,519 61,519
COMCAST CORP 13,173 13,173
COMCAST CORP 147,568 147,568
COMMONWEALTH BANK OF AUSTRALIA SPON ADR EACH REPR 1 ORD 14,062 14,062
COMTECH TELECOMMUNICATIONS CORP 10,843 10,843
CONAGRA BRANDS INC 6,383 6,383
CONAGRA BRANDS INC 21,812 21,812
CONOCOPHILLIPS COM 232,355 232,355
CONSTELLATION BRANDS INC COM USD0.01 CLASS A 6,409 6,409
CONSTELLATION BRANDS INC COM USD0.01 CLASS A 30,056 30,056
COOPER-STANDARD HOLDINGS INC 20,516 20,516
COPART INC COM USD0.0001 7,575 7,575
COPART INC COM USD0.0001 7,346 7,346
CORE MOLDING TECHNOLOGIES INC 5,971 5,971
CORNING INC 8,506 8,506
CORNING INC 22,239 22,239
CROWDSTRIKE HLDGS INC CL A 6,843 6,843
CROWN HLDGS INC COM 9,179 9,179
DMC GLOBAL INC COM 21,683 21,683
DBS GROUP HLDGS LTD SPONS ADR EACH REP 4 ORD SHS 11,011 11,011
DHI GROUP INC COM 29,975 29,975
DNB BANK ASA SPON ADR EACH REP 1 ORD SHS 6,985 6,985
MERCEDES-BENZ GROUP AG UNSP ADR EACH REP 0.25 ORD SHS 7,269 7,269
DANAHER CORPORATION COM 62,035 62,035
DANAHER CORPORATION COM 12,396 12,396
DEERE & CO 44,912 44,912
DEERE & CO 12,629 12,629
DEERE & CO 8,050 8,050
DELL TECHNOLOGIES INC CL C 11,214 11,214
DESTINATION XL GROUP INC 17,880 17,880
DEUTSCHE BOERSE AG UNSPONSORD ADR 6,949 6,949
DEUTSCHE TELEKOM ADR 8,328 8,328
DEVON ENERGY CORP NEW 50,905 50,905
DEVON ENERGY CORP NEW 12,045 12,045
DIAGEO ADR REP 4 ORD 7,501 7,501
DISNEY WALT CO COM 71,932 71,932
DISNEY WALT CO COM 67,252 67,252
DISNEY WALT CO COM 15,366 15,366
DISCOVER FINANCIAL SERVICES 37,244 37,244
DOORDASH INC CL A 12,246 12,246
DOORDASH INC CL A 7,213 7,213
DOVER CORP COM USD1.00 6,941 6,941
DOVER CORP COM USD1.00 21,574 21,574
DSV A S UNSPONSORED ADR 7,009 7,009
DUN &BRADSTREET HLDGS INC COM 8,262 8,262
DUPONT DE NEMOURS INC COM 29,051 29,051
DUPONT DE NEMOURS INC COM 6,024 6,024
EBAY INC. COM 18,399 18,399
EBAY INC. COM 5,699 5,699
ECOLAB INC 8,436 8,436
ECOLAB INC 23,432 23,432
EDISON INTERNATIONAL 66,108 66,108
EDISON INTERNATIONAL 11,896 11,896
ELECTRONIC ARTS INC 17,263 17,263
ELEMENT SOLUTIONS INC COM 5,509 5,509
EMCOR GROUP INC COM STK USD0.01 7,270 7,270
EMERSON ELECTRIC CO 29,743 29,743
EMERSON ELECTRIC CO 7,436 7,436
ENEOS HOLDINGS INC UNSP ADR EACH REP 2 ORS SHS 6,824 6,824
ERICSSON(L.M.)(TELEF ONAKTIEBOLAGET) ADR EACH REP 1 ORD B SEK1 5,618 5,618
ESQUIRE FINL HLDGS INC COM 27,348 27,348
ESSILOR LUXOTTICA UNSPONSORED ADR 7,240 7,240
EVERSOURCE ENERGY 9,017 9,017
EVERSOURCE ENERGY 49,562 49,562
EXELON CORP COM NPV 57,908 57,908
EXELON CORP COM NPV 8,883 8,883
EXPEDITORS INTERNATIONAL OF WASHINGTON INC 27,004 27,004
EXPEDITORS INTERNATIONAL OF WASHINGTON INC 15,508 15,508
FMC CORP COM NEW 11,146 11,146
F N B CORP COM 12,311 12,311
FS BANCORP INC COM 47,753 47,753
FTI CONSULTING INC 5,352 5,352
META PLATFORMS INC CLASS A COMMON STOCK 228,349 228,349
META PLATFORMS INC CLASS A COMMON STOCK 195,114 195,114
FACTSET RESEARCH SYSTEMS INC 7,216 7,216
FACTSET RESEARCH SYSTEMS INC 30,859 30,859
FAIR ISAAC CORP 5,973 5,973
FARMERS NATIONAL BANC CORP COM 7,366 7,366
FAST RETAILING CO LTD UNSPONSORD ADR 6,984 6,984
FASTENAL COM STK USD0.01 9,492 9,492
FASTENAL COM STK USD0.01 5,537 5,537
FERGUSON ENTERPRISES INC COM 16,901 16,901
FIDELITY NATL INFORMATION SERVICES COM USD0.01 24,716 24,716
FIDELITY NATL INFORMATION SERVICES COM USD0.01 5,735 5,735
FIFTH THIRD BANCORP 26,214 26,214
FIRST AMERICAN FINANCIAL CORP 7,098 7,098
FIRST BUSINESS FINL SVCS INC W COM 37,819 37,819
FIRST HAWAIIAN INC COM 10,082 10,082
FIRST SOLAR INC 8,812 8,812
FISERV INC COM STK USD0.01 48,479 48,479
FISERV INC COM STK USD0.01 12,531 12,531
FIVE STAR BANCORP COM 24,584 24,584
FOMENTO ECONOMICO MEXICANO SAB DE C SPON ADR RP 6,839 6,839
FORRESTER RESEARCH INC 14,871 14,871
FORTESCUE LTD SPON ADR EACH REP 2 ORD SHS 7,280 7,280
FORTIVE CORP COM 15,000 15,000
FOX CORP CL B COM 12,357 12,357
FOX CORP CL B COM 10,978 10,978
FRANKLIN RESOURCES INC COM 11,165 11,165
FUJIFILM HOLDINGS ADR 5,733 5,733
GXO LOGISTICS INCORPORATED COMMON STOCK 8,396 8,396
ARTHUR J. GALLAGHER & CO. ISIN #US3635761097 SEDOL #BD1QWJ0 7,380 7,380
ARTHUR J. GALLAGHER & CO. ISIN #US3635761097 SEDOL #BD1QWJ0 29,804 29,804
GE VERNOVA INC COM 35,196 35,196
GE VERNOVA INC COM 83,877 83,877
GE VERNOVA INC COM 8,881 8,881
GEELY AUTOMOBILE HOLDING ADR 7,677 7,677
GENASYS INC COM 12,277 12,277
GENERAL MILLS INC COM USD0.10 7,334 7,334
GENERAL MILLS INC COM USD0.10 37,497 37,497
GENUINE PARTS CO COM USD1.00 7,823 7,823
GENUINE PARTS CO COM USD1.00 15,529 15,529
GIVAUDAN SA ADR EACH 50 REPR 1 ORD 7,489 7,489
GSK PLC SPON ADS EACH REP 2 ORD SHS 6,696 6,696
GLOBAL X FDS MSCI GREECE ETF 47,571 47,571
GLOBE LIFE INC COM 10,706 10,706
GODADDY INC CL A 11,250 11,250
GOLDMAN SACHS GROUP INC COM USD0.01 64,133 64,133
GOLDMAN SACHS GROUP INC COM USD0.01 14,888 14,888
GRACO INC 7,104 7,104
GRAIL INC COM 3,302 3,302
GRAPHIC PACKAGING HOLDING CO 4,834 4,834
HDFC BANK LTD SPON ADS EACH REP 3 ORD SHS 13,155 13,155
HSBC HLDGS PLC SPON ADR NEW 13,206 13,206
HP INC COM 5,514 5,514
HP INC COM 14,357 14,357
HALLIBURTON CO COM USD2.50 27,082 27,082
HALLIBURTON CO COM USD2.50 6,852 6,852
HAMILTON BEACH BRANDS HLDG CO COM CL A 29,469 29,469
HARTFORD FINANCIAL SERVICES GRP INC COM USD0.01 20,458 20,458
HERITAGE INSURANCE HLDGS INC COM 51,244 51,244
HERMES INTERNATIONAL SA ADR 8,844 8,844
HESS CORPORATION COM USD1.00 11,705 11,705
HESS CORPORATION COM USD1.00 36,423 36,423
HEWLETT PACKARD ENTERPRISE CO COM 10,931 10,931
HILTON WORLDWIDE HLDGS INC 79,338 79,338
HITACHI ADR EACH REPR 2 ORD NPV 10,931 10,931
HOLOGIC INC 12,688 12,688
HOME BANCORP INC 17,560 17,560
HOME DEPOT INC 44,345 44,345
HOME DEPOT INC 21,783 21,783
HONDA MOTOR CO ADR-EACH CNV INTO 3 ORD 12,733 12,733
HONG KONG EXCHANGES & CLEARING UNSP ADR EACH REPR 1 ORD 6,493 6,493
HORIZON BANCORP INC COM 35,104 35,104
HORMEL FOODS CORP 16,501 16,501
HOWARD HUGHES HOLDINGS INC COM 6,461 6,461
H WORLD GROUP LIMITED SPON ADS EACH REP 10 ORD SHS 4,657 4,657
HUBBELL INC COM 13,577 13,577
HUBBELL INC COM 5,864 5,864
HUMANA INC 104,021 104,021
HUNT J.B. TRANSPORT SERVICES INC COM USD0.01 15,189 15,189
HUNTINGTON BANCSHARES INC COM USD0.01 6,150 6,150
HURCO CO COM 19,174 19,174
ICICI BANK LIMITED SPON ADR EACH REPR 2 ORD SHS 17,229 17,229
ILLINOIS TOOL WORKS INC COM 6,085 6,085
ILLINOIS TOOL WORKS INC COM 41,584 41,584
ILLUMINA INC COM USD0.01 24,321 24,321
ILLUMINA INC COM USD0.01 9,755 9,755
INDITEX (IND.DE DISENO TEXTIL SA) UNSP ADR EACH REP 0.50 ORD 8,393 8,393
INFORMA PLC SPON ADR EACH REPR 2 ORD GBP4.35 5,439 5,439
INFOSYS LTD SPON ADR EACH REP 1 ORD SHS 11,376 11,376
INGERSOLL RAND INC COM 8,413 8,413
INGERSOLL RAND INC COM 21,801 21,801
INGREDION INC COM USD0.01 16,593 16,593
INPEX ADR 7,109 7,109
INTEL CORP COM USD0.001 28,042 28,042
INTEL CORP COM USD0.001 5,955 5,955
INTERACTIVE BROKERS GROUP INC COM CL A 12,779 12,779
INTERNATIONAL BUS MACH CORP COM USD0.20 74,522 74,522
INTERNATIONAL BUS MACH CORP COM USD0.20 13,849 13,849
INTERNATIONAL FLAVORS &FRAGRANCES COM USD0.125 16,318 16,318
INTERNATIONAL FLAVORS &FRAGRANCES COM USD0.125 4,904 4,904
INTEST CORP 26,165 26,165
INTESA SANPAOLO S.P.A. SPON ADR EACH REP 6 ORD SHS 10,095 10,095
INTUIT INC 10,685 10,685
INTUITIVE SURGICAL INC 16,703 16,703
INTUITIVE SURGICAL INC 39,147 39,147
INVESCO INDIA EXCHANGE-TRADED INDIA ETF 48,658 48,658
IQVIA HLDGS INC COM 18,079 18,079
IQVIA HLDGS INC COM 6,288 6,288
ISHARES MSCI POLAND ETF 46,440 46,440
ISHARES MSCI SINGAPORE ETF 33,999 33,999
ISHARES MSCI ITALY ETF 48,973 48,973
ISUZU MOTORS ADR 6,161 6,161
JAKKS PAC INC COM NEW 41,775 41,775
JEFFERIES FINL GROUP INC COM 13,661 13,661
JERONIMO MARTINS SGPS SA ADR 5,940 5,940
JUNIPER NETWORKS COM USD0.00001 7,293 7,293
KB FINL GROUP INC SPONSORED ADR 5,064 5,064
KLA CORP COM NEW 6,931 6,931
KT ADR REP 1/2 ORD 5,820 5,820
KEURIG DR PEPPER INC COM 7,323 7,323
KEURIG DR PEPPER INC COM 30,198 30,198
KEYCORP COM 18,900 18,900
KIMBALL ELECTRONICS INC 32,852 32,852
KINDER MORGAN INC COM USD0.01 17,728 17,728
KINDER MORGAN INC COM USD0.01 57,574 57,574
KIRBY CORP 8,252 8,252
KNIGHT-SWIFT TRANSN HLDGS INC CL A 15,157 15,157
KNIGHT-SWIFT TRANSN HLDGS INC CL A 7,001 7,001
LI AUTO INC SPN ADS ECH REP 2 ORD SHS CL A 4,702 4,702
L OREAL UNSPON ADR EACH REP 0.2 ORD SHS 9,294 9,294
LVMH MOET HENNESSY LOUIS VUITTON ADR 11,631 11,631
LAKELAND INDUSTRIES INC 38,095 38,095
LAM RESEARCH CORP COM NEW 7,584 7,584
LAM RESEARCH CORP COM NEW 7,079 7,079
LAMB WESTON HLDGS INC COM 10,345 10,345
LANDSTAR SYSTEM INC COM USD0.01 8,988 8,988
ESTEE LAUDER COMPANIES INC COM USD0.01 CLASS A 12,372 12,372
LEAR CORP 12,965 12,965
LEAR CORP 6,534 6,534
LENNAR CORP COM USD0.10 CLASS A 5,318 5,318
LENNAR CORP COM USD0.10 CLASS B 20,087 20,087
LIBERTY BROADBAND CORP COM SER A 38,147 38,147
LIBERTY BROADBAND CORP COM SER C 34,240 34,240
LIBERTY MEDIA CORP DEL COM LBTY ONE S C 7,413 7,413
LIBERTY MEDIA CORP DEL COM LBTY ONE S C 11,027 11,027
LIFETIME BRANDS INC 17,180 17,180
ELI LILLY &CO COM 8,492 8,492
ELI LILLY &CO COM 31,652 31,652
LINCOLN EDUCATIONAL SERVICES CORP 27,954 27,954
LOAR HOLDINGS INC COM SHS 8,869 8,869
LOCALIZA RENT A CAR SPONSORED ADR 7,324 7,324
LOEWS CORP COM USD0.01 32,182 32,182
LOEWS CORP COM USD0.01 6,267 6,267
LONDON STOCK EXCHANGE GROUP UNSPN ADR EACH REPR 0.25 ORD 85,942 85,942
LONDON STOCK EXCHANGE GROUP UNSPN ADR EACH REPR 0.25 ORD 8,137 8,137
LONZA GROUP AG UNSPONSORED ADR 6,466 6,466
M &T BANK CORP COM USD0.50 17,297 17,297
MS AND AD INSURANCE GROUP HLDNGS ADR 5,682 5,682
MACQUARIE GROUP LIMITED ADR EACH REPR 1 ORD 9,423 9,423
MAGNERA CORP COM SHS 1,835 1,835
MANITEX INTERNATIONAL INC 25,456 25,456
MAPLEBEAR INC COM 6,834 6,834
MARTIN MARIETTA MATERIALS INC COM USD0.01 5,682 5,682
MARTIN MARIETTA MATERIALS INC COM USD0.01 13,031 13,031
MARVELL TECHNOLOGY INC COM 7,842 7,842
MARVELL TECHNOLOGY INC COM 29,616 29,616
MASTERCARD INCORPORATED CL A 25,275 25,275
MASTERCARD INCORPORATED CL A 22,116 22,116
MCCORMICK &COMPANY INC COM NPV 16,468 16,468
MERCADOLIBRE INC COM USD0.001 6,802 6,802
MERCK &CO. INC COM 16,812 16,812
MERCK &CO. INC COM 27,854 27,854
METLIFE INC COM USD0.01 5,650 5,650
METLIFE INC COM USD0.01 31,360 31,360
METROPOLITAN BK HLDG CORP COM 47,538 47,538
METTLER-TOLEDO INTERNATIONAL INC COM USD0.01 11,013 11,013
MICHELIN(CIE GLE DES ETABL.) UNSP ADS EACH REPR 0.5 ORD SHS 6,589 6,589
MICROSOFT CORP 134,037 134,037
MICROSOFT CORP 12,645 12,645
MICROSOFT CORP 110,629 110,629
MICROSOFT CORP 171,972 171,972
MICROCHIP TECHNOLOGY INC. COM 12,558 12,558
MICRON TECHNOLOGY INC 32,233 32,233
MICRON TECHNOLOGY INC 6,396 6,396
MIDDLEBY CORP COM USD0.01 6,773 6,773
MILLER INDUSTRIES INC 27,713 27,713
MINERAL RES LTD UNSPONSORD ADR 4,398 4,398
MISTRAS GROUP INC COM USD0.01 13,382 13,382
MITSUBISHI UFJ FINANCIAL GROUP INC SPON ADS EACH REP 1 ORD SHS 11,427 11,427
MIZUHO FINANCIAL GROUP SPON ADS EACH REPR 0.20 ORD SHS 9,423 9,423
MOLSON COORS BEVERAGE CO CL B 14,043 14,043
MONDELEZ INTL INC COM NPV 9,796 9,796
MONDELEZ INTL INC COM NPV 56,505 56,505
MONSTER BEVERAGE CORP NEW COM 57,763 57,763
MOODYS CORP COM USD0.01 8,047 8,047
MOODYS CORP COM USD0.01 14,201 14,201
MORGAN STANLEY COM USD0.01 63,149 63,149
MORGAN STANLEY COM USD0.01 11,943 11,943
MOSAIC CO NEW COM 177 177
MOTORCAR PARTS OF AMERICA INC 44,148 44,148
MUENCHENER RE GROUP ADR 6,964 6,964
NN INC COM 7,933 7,933
NVR INC COM USD0.01 8,179 8,179
NVR INC COM USD0.01 8,179 8,179
NASDAQ INC COM STK 6,494 6,494
NASDAQ INC COM STK 22,729 22,729
NASPERS SPON ADR EACH REP 0.2 CL N SHS(POST SPLT 5,437 5,437
NATIONAL FUEL GAS CO COM 22,303 22,303
NATIONAL GRID SPON ADR EACH REP 5 ORD SHS POST SPLT 8,141 8,141
NATURAL GAS SVCS GROUP INC COM 62,176 62,176
NESTLE ADR 15,686 15,686
NETFLIX INC 154,198 154,198
NEWMARKET CORP 7,459 7,459
NIKE INC CLASS B COM NPV 19,069 19,069
NIKE INC CLASS B COM NPV 23,404 23,404
NIKE INC CLASS B COM NPV 7,113 7,113
NINTENDO CO LTD UNSP ADS EACH REP 0.25 ORD SHS 7,973 7,973
NOMURA HOLDINGS ADR REPTG ONE ORD 7,348 7,348
NORDEA BK ABP SPONSORED ADS 5,587 5,587
NORDSON CORP 7,192 7,192
NORTHEAST BK LEWISTON ME COM 53,203 53,203
NORTHERN TRUST CORP COM USD1.666 19,493 19,493
NORTHWEST PIPE CO COM STK USD0.01 49,708 49,708
GEN DIGITAL INC COM 7,694 7,694
NOVARTIS AG SPONSORED ADR 13,526 13,526
NOVARTIS AG SPONSORED ADR 24,502 24,502
NOVO NORDISK A/S ADR-EACH CNV INTO 1 CLASS B DKK1 31,763 31,763
NOVO NORDISK A/S ADR-EACH CNV INTO 1 CLASS B DKK1 15,914 15,914
NOVONESIS (NOVOZYMES) B AMERICAN DEPOSITARY RECEIPTS 5,258 5,258
NVIDIA CORPORATION COM 242,039 242,039
NVIDIA CORPORATION COM 150,673 150,673
OMNICOM GROUP INC COM USD0.15 9,723 9,723
OMNICOM GROUP INC COM USD0.15 5,679 5,679
ONE STOP SYS INC COM 8,409 8,409
ONEOK INC COM USD0.01 48,789 48,789
ONEOK INC COM USD0.01 14,156 14,156
ORACLE CORP 15,164 15,164
ORACLE CORP 127,971 127,971
ORACLE CORP 8,465 8,465
ORRSTOWN FINANCIAL SERVICES INC COM NPV 16,950 16,950
OTIS WORLDWIDE CORP COM 24,449 24,449
OVERSEA-CHINESE BANKING CORP UNSP ADR EACH REP 2 ORD 9,880 9,880
OVINTIV INC COM ISIN #US69047Q1022 SEDOL #BL3GRC2 10,854 10,854
OVINTIV INC COM ISIN #US69047Q1022 SEDOL #BL3GRC2 38,209 38,209
OWENS CORNING COM USD0.01 7,028 7,028
PAMT CORP COM 11,826 11,826
PNC FINANCIAL SERVICES GROUP COM USD5 62,098 62,098
PNC FINANCIAL SERVICES GROUP COM USD5 9,835 9,835
PPG INDUSTRIES INC COM USD1.666 22,337 22,337
PPG INDUSTRIES INC COM USD1.666 5,614 5,614
UNITED TRACTORS UNSP ADR EACH REP 20 SHS 7,519 7,519
PACCAR INC COM USD1.00 8,322 8,322
PACCAR INC COM USD1.00 29,750 29,750
PACER FDS TR DEVELOPED MRKT 272,117 272,117
PACKAGING CORP OF AMERICA COM USD0.01 7,429 7,429
PACKAGING CORP OF AMERICA COM USD0.01 15,084 15,084
PALO ALTO NETWORKS INC COM USD0.0001 8,734 8,734
PARKE BANCORP INC COM STK USD0.10 34,990 34,990
PAYCHEX INC COM USD0.01 17,528 17,528
PAYCHEX INC COM USD0.01 6,871 6,871
PAYPAL HLDGS INC COM 6,487 6,487
PAYPAL HLDGS INC COM 31,153 31,153
PAYPAL HLDGS INC COM 23,301 23,301
PERMIAN RESOURCES CORP CLASS A COM 25,242 25,242
PING AN INSURANCE GROUP COMPANY ADR 8,520 8,520
PRINCIPAL FINANCIAL GROUP INC COM 11,844 11,844
PROGRESSIVE CORP COM 19,888 19,888
PROGRESSIVE CORP COM 9,824 9,824
PROSUS N.V. SPON ADR EACH REP 0.20 ORD SHS 124,015 124,015
PROSUS N.V. SPON ADR EACH REP 0.20 ORD SHS 7,599 7,599
PULTE GROUP INC COM USD0.01 9,644 9,644
QUALCOMM INC 13,979 13,979
QUALCOMM INC 603 603
QUALCOMM INC 37,112 37,112
QUALCOMM INC 10,907 10,907
QUANTA SERVICES COM USD0.00001 17,383 17,383
QUANTA SERVICES COM USD0.00001 7,585 7,585
R C M TECHNOLOGIES INC 13,872 13,872
RPM INTERNATIONAL INC 7,298 7,298
RANGE RESOURCES CORP 14,126 14,126
RAYMOND JAMES FINL INC COM 16,465 16,465
RECKITT BENCKISER GROUP PLC SPON ADR EACH REP 0.20 ORD SHS 7,657 7,657
RECRUIT HOLDINGS CO LTD UNSPON ADR EACH REPR 0.2 ORD SHS 9,374 9,374
RED ROBIN GOURMET BURGERS INC 30,755 30,755
REGAL REXNORD CORP COM STK USD0.01 7,291 7,291
REGENERON PHARMACEUTICALS INC 41,315 41,315
REGENERON PHARMACEUTICALS INC 34,192 34,192
REGENERON PHARMACEUTICALS INC 10,685 10,685
REGIONS FINANCIAL CORP NEW COM 16,252 16,252
REINSURANCE GRP OF AMERICA INC COM NEW 9,688 9,688
RELIANCE INC COM NPV 23,481 23,481
RELIANCE INC COM NPV 5,924 5,924
RELX PLC SPON ADS EACH REPR 1 ORD SHS GBP0.144 7,994 7,994
REPUBLIC SERVICES INC 35,023 35,023
REPUBLIC SERVICES INC 8,450 8,450
RESMED INC 11,704 11,704
RIMINI STR INC DEL COM 18,562 18,562
RIVERVIEW BANCORP INC COM 19,602 19,602
ROCHE HOLDINGS ADR 14,754 14,754
ROCHE HOLDINGS ADR 19,812 19,812
ROCKWELL AUTOMATION INC COM USD1 13,520 13,520
ROPER TECHNOLOGIES INC 6,758 6,758
ROPER TECHNOLOGIES INC 28,221 28,221
SHELL PLC SPON ADS EA REP 2 ORD SHS 148,167 148,167
ROYAL GOLD INC COM ISIN #US7802871084 17,810 17,810
S&P GLOBAL INC COM 16,933 16,933
S&P GLOBAL INC COM 61,790 61,790
SEI INVTS CO COM 30,512 30,512
SK TELECOM ADR EACH REPR 0.55555 SHS KRW500 (P/S) 6,123 6,123
SNAM SPA UNSP ADR EA REPR 2 ORD SHS 5,839 5,839
SSE PLC SPONSORED ADR 7,195 7,195
SAFRAN SA UNSPON ADR EA REP 0.25 ORD 77,063 77,063
SALESFORCE INC COM 24,072 24,072
SALESFORCE INC COM 83,272 83,272
SALESFORCE INC COM 19,057 19,057
SANOFI ADR REP 1 1/2 ORD 10,273 10,273
SAP ADR REP 1 ORD 151,912 151,912
SAP ADR REP 1 ORD 16,742 16,742
SCHLUMBERGER LIMITED COM USD0.01 37,277 37,277
SCHLUMBERGER LIMITED COM USD0.01 7,936 7,936
SCHNEIDER ELECTRIC SE UNSPONSORD ADR 12,112 12,112
SCHWAB CHARLES CORP COM 38,337 38,337
SCHWAB CHARLES CORP COM 7,845 7,845
SCOTTS MIRACLE-GRO CO CL A 7,533 7,533
SEEK LTD UNSPONSORD ADR 5,386 5,386
SEMPRA COM 14,123 14,123
SEMPRA COM 71,417 71,417
SERVICENOW INC COM USD0.001 14,842 14,842
SHERWIN-WILLIAMS CO 8,498 8,498
SHERWIN-WILLIAMS CO 15,637 15,637
SHIN ETSU CHEMICAL CO LTD ADR 6,261 6,261
SHIMMICK CORPORATION COM 6,610 6,610
SHOPIFY INC COM NPV CL A ISIN #CA82509L1076 SEDOL #BX865C7 64,968 64,968
SIKA AG UNSP ADR EACH REP 0.10 ORD SHS 7,266 7,266
SILVERCREST ASSET MANAGEMENT GROUP INC 22,086 22,086
SINGAPORE AIRLINES LIMITED ADR NEW 5,934 5,934
SLEEP NUMBER CORP COM 35,250 35,250
SMITH MICRO SOFTWARE INC COM SHS 2,587 2,587
SMUCKER J M CO COM NEW 16,188 16,188
SNAP-ON INC 11,203 11,203
SNOWFLAKE INC CL A 10,191 10,191
SOFTBANK GROUP CORP UNSP ADR EACH REPR 0.50 ORD 5,418 5,418
SOLVENTUM CORP COM SHS 4,955 4,955
SONOCO PRODUCTS CO 6,655 6,655
SONY GROUP CORPORATION SPON ADS EACH REPR 1 ORD SHS 10,136 10,136
BLOCK INC CL A 7,394 7,394
BLOCK INC CL A 25,667 25,667
STANDARD BANK GROUP LTD SPONSORED ADR 5,850 5,850
STANLEY BLACK & DECKER INC 9,795 9,795
STARBUCKS CORP COM USD0.001 39,688 39,688
STATE STREET CORP 20,683 20,683
STRATTEC SECURITY CORP 40,664 40,664
STRYKER CORPORATION COM 45,366 45,366
STRYKER CORPORATION COM 11,522 11,522
SUMITOMO ELECTRIC INDS ADR 8,013 8,013
SUMITOMO MITSUI FINANCIAL GROUP INC ADR EACH REPR 3/5 ORD NPV 10,186 10,186
SYNOPSYS INC 6,795 6,795
SYNCHRONY FINANCIAL COM 17,454 17,454
SYNERGY CHC CORP COM NEW 9,068 9,068
SYSCO CORP 40,294 40,294
SYSCO CORP 8,640 8,640
TJX COMPANIES INC 40,216 40,216
TJX COMPANIES INC 12,685 12,685
TKO GROUP HOLDINGS INC CL A 7,390 7,390
T-MOBILE US INC COM 12,582 12,582
T-MOBILE US INC COM 50,768 50,768
TAIWAN SEMICONDUCTOR MANUFACTURING SPON ADS 139,230 139,230
TAIWAN SEMICONDUCTOR MANUFACTURING SPON ADS 30,611 30,611
TAKE-TWO INTERACTIVE SOFTWARE INC 11,781 11,781
TAKEDA PHARMACEUTICAL CO LTD SPON ADS EACH REP 0.5 ORD SHS 7,573 7,573
TELSTRA GROUP LIMITED SPON ADR EACH REP 5 COM 7,930 7,930
TENCENT HOLDINGS LIMITED UNSPON ADR 23,559 23,559
TENET HEALTHCARE CORP 6,816 6,816
TESLA INC COM 277,438 277,438
TEXAS INSTRUMENTS INC COM USD1.00 12,001 12,001
TEXAS INSTRUMENTS INC COM USD1.00 55,245 55,245
THERMO FISHER SCIENTIFIC INC 15,087 15,087
THERMO FISHER SCIENTIFIC INC 80,636 80,636
THERMO FISHER SCIENTIFIC INC 29,222 29,222
3I GROUP UNSP ADR EACH REPR 0.5 ORD 8,294 8,294
TILLYS INC COM USD0.001 CL A 11,773 11,773
TOKIO MARINE HLDGS INC ADR 7,816 7,816
TRACTOR SUPPLY CO 5,837 5,837
TRADEWEB MKTS INC CL A 9,074 9,074
TRANSUNION COM 6,866 6,866
TRAVEL PLUS LEISURE CO COM 13,804 13,804
TRAVELERS COMPANIES INC COM STK NPV 7,227 7,227
TRAVELERS COMPANIES INC COM STK NPV 31,557 31,557
TRIP COM GROUP LTD SPON ADS EACH REP 1 ORD SHS 9,132 9,132
TRUIST FINL CORP COM 27,631 27,631
TWIN DISC INC 34,428 34,428
UGI CORP 15,594 15,594
US BANCORP 45,087 45,087
US BANCORP 9,518 9,518
UBER TECHNOLOGIES INC COM 8,626 8,626
USCB FINANCIAL HOLDINGS INC CLASS A COM 35,323 35,323
UNICREDIT SPA UNSPON ADR EACH REP 0.5 ORD SHS 7,033 7,033
UNILEVER PLC SPON ADR NEW 13,098 13,098
UNITED MICR ELCTRNS ADR REP 5 ORD 6,101 6,101
UNITED OVERSEAS BK LTD SPONSORED ADR 8,321 8,321
UNITED RENTALS INC 17,105 17,105
UNITED RENTALS INC 6,340 6,340
UNITED UTILITIES GROUP ADR 5,551 5,551
UNITEDHEALTH GROUP INC 136,582 136,582
UNITEDHEALTH GROUP INC 25,799 25,799
UNITEDHEALTH GROUP INC 147,205 147,205
UNITY BANCORP INC 37,984 37,984
UNIVERSAL ELECTRONICS INC 16,610 16,610
UNIVERSAL TECHNICAL INSTITUTE INC 15,349 15,349
VERALTO CORP COM SHS 9,186 9,186
VERIZON COMMUNICATIONS INC 11,837 11,837
VERIZON COMMUNICATIONS INC 70,342 70,342
VERSABANK NEW COM NPV ISIN #CA92512J1066 SEDOL #BD7Y5X3 29,307 29,307
VERTEX PHARMACEUTICALS INC 53,156 53,156
VERTIV HOLDINGS CO COM CL A 6,135 6,135
VINCI ADR EACH REPR 0.25 ORD EUR2.5 5,262 5,262
VISA INC 95,444 95,444
VISA INC 26,863 26,863
VISA INC 129,739 129,739
VISA INC 23,071 23,071
VOYA FINANCIAL INC COM 9,630 9,630
VULCAN MATERIALS CO 6,688 6,688
VULCAN MATERIALS CO 14,029 14,029
WABTEC COM 8,532 8,532
WABTEC COM 28,249 28,249
WARNER BROS DISCOVERY INC COM SER A 9,904 9,904
WASTE CONNECTIONS INC 8,407 8,407
WATSCO INC 7,638 7,638
WEG SA BRAZIL SPONSORED ADR 6,259 6,259
WELLS FARGO CO NEW COM 87,027 87,027
WEST BANCORPORATION INC 20,048 20,048
WESTERN DIGITAL CORP. COM 9,422 9,422
WEYERHAEUSER CO MTN BE COM NEW 5,180 5,180
WEYERHAEUSER CO MTN BE COM NEW 10,894 10,894
WILLIAMS COS INC COM 60,161 60,161
WILLIAMS COS INC COM 15,965 15,965
WIPRO LTD SPON ADR REP 1 ORD SHS INR2 10,337 10,337
WOODSIDE ENERGY GROUP LTD SPON ADR EACH REP 1 ORD SHS 9,984 9,984
WOODWARD INC COM 93,528 93,528
WOORI FINANCIAL GROUP INC SPON ADS EACH REP 3 ORD SHS 6,688 6,688
WORKDAY INC COM USD0.001 CL A 180,363 180,363
WORKDAY INC COM USD0.001 CL A 21,933 21,933
WYNDHAM HOTELS &RESORTS INC COM 15,526 15,526
XYLEM INC COM USD0.01 6,149 6,149
XYLEM INC COM USD0.01 16,591 16,591
YARA INTERNATIONAL ASA SPON ADR EACH REP 0.50 ORD SHS 7,240 7,240
YUM! BRANDS INC 22,530 22,530
YUM CHINA HLDGS INC COM 6,021 6,021
YUM CHINA HLDGS INC COM 8,730 8,730
ZIMMER BIOMET HOLDINGS INC COM 15,422 15,422
ZOETIS INC 6,680 6,680
ZOETIS INC 14,501 14,501
ZURICH INSURANCE GROUP AG SPON ADR EACH REP 0.1 ORD SHS 9,323 9,323
AON PLC SHS CL A COM USD0.01 183,172 183,172
AON PLC SHS CL A COM USD0.01 31,965 31,965
ACCENTURE PLC 74,931 74,931
ACCENTURE PLC 13,016 13,016
EVEREST GROUP LTD COM STK USD0.01 8,699 8,699
GENPACT LIMITED COM STK USD0.01 7,477 7,477
JOHNSON CONTROLS INTERNATIONAL PLC COM USD1.00 6,630 6,630
JOHNSON CONTROLS INTERNATIONAL PLC COM USD1.00 25,179 25,179
NVENT ELECTRIC PLC COM USD0.01 6,519 6,519
RENAISSANCERE HLDGS LTD COM 9,502 9,502
SMURFIT WESTROCK PLC ORD USD0.001 (DI) 14,590 14,590
STERIS PLC ORD USD0.001 11,202 11,202
TE CONNECTIVITY PLC COM USD0.01 11,910 11,910
TE CONNECTIVITY PLC COM USD0.01 8,149 8,149
TRANE TECHNOLOGIES PLC COM USD1 9,234 9,234
TRANE TECHNOLOGIES PLC COM USD1 28,864 28,864
WHITE MTNS INS GROUP LTD COM 9,731 9,731
WILLIS TOWERS WATSON PLC COM USD0.000304635 18,423 18,423
CHUBB LIMITED COM NPV ISIN #CH0044328745 62,801 62,801
CHUBB LIMITED COM NPV ISIN #CH0044328745 8,842 8,842
GARMIN LTD COM CHF10.00 7,632 7,632
GARMIN LTD COM CHF10.00 21,306 21,306
CHECK POINT SOFTWARE TECHNOLOGIES LTD 6,161 6,161
WIX.COM LTD COM ILS0.01 7,509 7,509
AERCAP HOLDINGS N.V. EUR0.01 147,474 147,474
ASML HOLDING NV EUR0.09 NY REGISTRY SHS 2012 14,555 14,555
CNH INDUSTRIAL NV COM EUR0.01 13,556 13,556
NXP SEMICONDUCTORS NV 5,196 5,196
CALVERT EMERGING MARKETS EQUITY CL I 1,073,623 1,073,623
ABR 75/25 VOLATILITY FUND INSTL 84,837 84,837
GMO CLIMATE CHANGE FUND CL I 959,282 959,282
GMO EMERGING MARKETS FUND I 1,563,537 1,563,537
GOLDMAN SACHS GQG PARTNERS INTL OPP I 2,425,529 2,425,529
JOHCM INTERNATIONAL SELECT INSTL 2,306,747 2,306,747
IMPAX GLOBAL OPPORT FUND INSTL 1,156,370 1,156,370
AGNC INVT CORP COM 13,789 13,789
ALPINE INCOME PPTY TR INC COM 25,924 25,924
AMERICAN TOWER CORP NEW COM 9,721 9,721
AMERICAN TOWER CORP NEW COM 6,603 6,603
ANNALY CAPITAL MANAGEMENT INC COM NEW 15,289 15,289
AVALONBAY COMMUNITIES INC COM USD0.01 14,663 14,663
AVALONBAY COMMUNITIES INC COM USD0.01 5,719 5,719
CROWN CASTLE INC COM 21,873 21,873
CROWN CASTLE INC COM 4,720 4,720
DIGITAL REALTY TRUST INC 22,698 22,698
EQUINIX INC COM 32,058 32,058
EQUINIX INC COM 7,543 7,543
EQUITY RESIDENTIAL SBI USD0.01 14,761 14,761
ESSEX PROPERTY TRUST INC COM USD0.0001 6,500 6,500
GLOBAL MED REIT INC COM NEW 24,727 24,727
HEALTHPEAK PROPERTIES INC COM 6,161 6,161
HOST HOTELS &RESORTS INC COM 7,691 7,691
INVITATION HOMES INC COM 6,925 6,925
IRON MTN INC DEL COM 5,991 5,991
IRON MTN INC DEL COM 9,185 9,185
MID-AMER APT CMNTYS INC COM 6,296 6,296
OFFICE PROPERTIES INCOME TRUST COM USD0.01 SHS OF BEN INTEREST 9,795 9,795
OMEGA HEALTHCARE INVESTORS INC 8,322 8,322
PROLOGIS INC. COM 8,773 8,773
PROLOGIS INC. COM 37,629 37,629
PUBLIC STORAGE OPER CO COM 5,989 5,989
PUBLIC STORAGE OPER CO COM 20,369 20,369
SBA COMMUNICATIONS CORP NEW CL A 6,369 6,369
SIMON PROPERTY GROUP INC 7,061 7,061
SIMON PROPERTY GROUP INC 21,152 21,152
STARWOOD PPTY TR INC COM 9,237 9,237
SUN COMMUNITIES INC 6,806 6,806
VENTAS INC 5,771 5,771
VENTAS INC 14,859 14,859
WELLTOWER INC COM 9,200 9,200
WELLTOWER INC COM 34,078 34,078

TY 2024 InvestmentsGovtObligationsSch
Name:
James Lee Sorenson Family Foundation
EIN:
45-6794415
US Government Securities - End of Year Book Value:

2,198,929
US Government Securities - End of Year Fair Market Value:

2,198,929
State & Local Government Securities - End of Year Book Value:


1,049,125
State & Local Government Securities - End of Year Fair Market Value:


1,049,125


TY 2024 InvestmentsOtherSchedule2
Name:
James Lee Sorenson Family Foundation
EIN:
45-6794415
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SLP IV Technology Fund FMV 709,251 709,251
CSP III Distressed Opp Fund FMV 23,191 23,191
Blackstone Strategic Partners LP FMV 55,696 55,696
Sorenson Capital III LP AT COST 931 439,554
Catchafire Inc AT COST 125,195 235,017
LS Real Estate Recovery IV Trust FMV 62,227 62,227
Czech III Senior Loan Trust FMV 368,439 368,439
Turner-Agassi Educational Facilities FMV 35,421 35,421
Unitus Capital AT COST 250,000 358,500
Sepio NPL Fund AT COST 233,504 367,920
Advanced Trade Growth Fund AT COST 1,212,039 1,452,563
Rose Affordable Housing Fund V AT COST 247,066 185,264
Bridge Workforce & Affordable Housing Fund AT COST 195,635 206,270
FutureFit AI Corp AT COST 125,000 125,000
GMO Dislocation Fund AT COST 1,525,000 1,835,626
Sorenson Capital Partners IV-B AT COST 406,984 488,700
CIM Loan Fund AT COST 2,034,523 2,500,000
Community EM Credit Fund AT COST 2,036,307 2,500,000
Generation IM Global Fund AT COST 3,000,000 4,208,936
Impactive Capital AT COST 1,722,660 1,707,618
Urban Innovation Select Fund I AT COST 490,000 480,688
Rose Affordable Housing Fund VI AT COST 80,000 67,562
Firework Ventures AT COST 456,562 716,975
Bronze Venture Fund II AT COST 355,000 932,907
Bridge Workforce & Affordable Housing Fund III-R AT COST 85,579 74,623
Kalos Ventures LP AT COST 75,000 69,661
ResilienceVC Fund I AT COST 59,639 40,210

TY 2024 LegalFeesSchedule
Name:
James Lee Sorenson Family Foundation
EIN:
45-6794415
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal 22,358 0   22,358


TY 2024 OtherAssetsSchedule
Name:
James Lee Sorenson Family Foundation
EIN:
45-6794415
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Program-related investments 5,345,450 5,683,542 5,683,542


TY 2024 OtherExpensesSchedule
Name:
James Lee Sorenson Family Foundation
EIN:
45-6794415
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Bank charges 150 0   150
Office expense 361 0   361


TY 2024 OtherIncomeSchedule2
Name:
James Lee Sorenson Family Foundation
EIN:
45-6794415
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Passthrough income 0 386,751 0


TY 2024 OtherIncreasesSchedule
Name:
James Lee Sorenson Family Foundation
EIN:
45-6794415
Description Amount
Unrealized appreciation 902,897


TY 2024 OtherProfessionalFeesSchedule
Name:
James Lee Sorenson Family Foundation
EIN:
45-6794415
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment advisory fees 252,042 252,042   0


TY 2024 TaxesSchedule
Name:
James Lee Sorenson Family Foundation
EIN:
45-6794415
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Federal taxes 42,500 0   0
Foreign taxes 6,254 6,254   0