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
Ahimsa Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)7522 Monarch Rd
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Niwot, CO80503
A Employer identification number

85-2700743
B Telephone number (see instructions)

(904) 612-6000
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$1,067,518,678
J 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) 21,603,783
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 36,766,502 34,670,966  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 107,647,037
b Gross sales price for all assets on line 6a 346,792,745
7 Capital gain net income (from Part IV, line 2)... 127,892,062
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)....... -5,836,929 -5,836,929 0
12 Total. Add lines 1 through 11........ 160,180,393 156,726,099 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,232,000 637,300 0 594,700
14 Other employee salaries and wages...... 1,142,500 458,750 0 683,750
15 Pension plans, employee benefits....... 174,445 75,659 0 98,786
16a Legal fees (attach schedule)......... 432,016 186,905 0 245,111
b Accounting fees (attach schedule)....... 199,550 99,775 0 99,775
c Other professional fees (attach schedule).... 2,004,555 456,882 0 1,547,673
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 474,216 636 0 7,580
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 954 477 0 477
21 Travel, conferences, and meetings....... 40,799 0 0 40,799
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 1,222,460 791,461 0 427,648
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,923,495 2,707,845 0 3,746,299
25 Contributions, gifts, grants paid....... 73,067,751 73,067,751
26 Total expenses and disbursements. Add lines 24 and 25 79,991,246 2,707,845 0 76,814,050
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 80,189,147
b Net investment income (if negative, enter -0-) 154,018,254
c Adjusted net income (if negative, enter -0-)... 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............. 6,262,616 6,186,851 6,186,851
2 Savings and temporary cash investments......... 838 523 523
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) 148,277,208 Click to see attachment
List of Attached Documents:
// Content
132,135,144
141,645,499
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule)....... 458,526,415 Click to see attachment
List of Attached Documents:
// Content
454,575,705
454,846,315
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).......... 144,530,487 Click to see attachment
List of Attached Documents:
// Content
146,073,449
177,646,526
14 Land, buildings, and equipment: basis right arrow4,609,457
Less: accumulated depreciation (attach schedule) right arrow142,029 929,999 Click to see attachment
List of Attached Documents:
// Content
4,467,428
4,467,428
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
179,649,445
Click to see attachment
List of Attached Documents:
// Content
268,154,088
Click to see attachment
List of Attached Documents:
// Content
282,725,536
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 938,177,008 1,011,593,188 1,067,518,678
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) Click to see attachment
List of Attached Documents:
// Content
4,937
Click to see attachment
List of Attached Documents:
// Content
0
23 Total liabilities (add lines 17 through 22)......... 4,937 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........... 938,172,071 1,011,593,188
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 938,172,071 1,011,593,188
30 Total liabilities and net assets/fund balances (see instructions). 938,177,008 1,011,593,188
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
938,172,071
2
Enter amount from Part I, line 27a .....................
2
80,189,147
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
887,248
4
Add lines 1, 2, and 3 ..........................
4
1,019,248,466
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
7,655,278
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,011,593,188
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 Unovis SPV AF 21-A LLC P 2021-08-19 2024-12-31
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 346,792,745   218,893,971 127,898,774
b     6,712 -6,712
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       127,898,774
b       -6,712
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 127,892,062
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 2,140,854
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 2,140,854
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 2,140,854
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 1,466,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 902,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,368,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 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 10 227,146
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow227,146 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 arrowCO
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 Click to see attachment
List of Attached Documents:
// Content
.............
11
Yes
 
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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowwww.ahimsafdn.org
14
The books are in care ofright arrowShaleen Shah Telephone no.right arrow (904) 612-6000

Located atright arrow7522 Monarch RdNiwotCO ZIP+4right arrow80503
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)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
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
Shaleen Shah President
40.00
277,000 17,823 0
7522 Monarch
Niwot,CO80503
Satish Karandikar Secretary
40.00
800,000 15,391 0
7522 Monarch
Niwot,CO80503
Jay Karandikar Treasurer
40.00
155,000 3,173 0
7522 Monarch
Niwot,CO80503
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
Amy Trakinski Investment Manager
40.00
862,500 14,286 0
7522 Monarch
Niwot,CO80503
Neil Karandikar Senior Investment Ma
40.00
200,000 6,573 0
7522 Monarch
Niwot,CO80503
Shilpi Shah Compliance Officer
20.00
80,000 15,023 0
7522 Monarch
Niwot,CO80503
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
Nation Earth Inc Consulting 1,000,000
23823 Malibu Rd Ste 50
Malibu,CA90265
FAB 108 Consulting 195,000
213 West Pine Grove Ave
North Augusta,SC29841
Blue Dot Advocates Legal services 171,797
1536 Wynkoop St 912
Denver,CO80202
JFP LLC Consulting 166,667
1N141 Fanchon St
Carol Stream,IL60188
YPTC Accounting services 156,587
1600 Market Street Ste 3425
Philadelphia,PA19103
Total number of others receiving over $50,000 for professional services.............right arrow9
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 Gomata provides sanctuary to cows previously raised for beef while advocating for the reduction of animal cruelty by promoting a vegan diet change message. 3,919,760
2 Project Lift Off is a film produced and directed by Shaun Monson that promotes a vegan lifestyle by sharing the story of Dominick Thompson, a vegan, animal rights activist, and athlete. 1,225,000
3 Better World Films promotes the film "Christspiracy" which examines the intersection of ancient world religions and the animal agriculture industry of today. This film is available to watch for free at Christspiracy.com. 322,830
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 Ahimsa Companies invests in organizations that pursue the wellbeing of all animals. 43,812,773
2 Eat Just, Inc. develops and markets plant-based alternatives to conventionally produced egg products, as well as cultivated meat products. 17,000,000
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
52,957,679
Total. Add lines 1 through 3.........................right arrow113,770,452
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
705,795,810
b
Average of monthly cash balances.......................
1b
2,321,911
c
Fair market value of all other assets (see instructions)................
1c
112,091,213
d
Total (add lines 1a, b, and c).........................
1d
820,208,934
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
820,208,934
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
12,303,134
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
807,905,800
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
40,395,290
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
40,395,290
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
2,140,854
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,140,854
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
38,254,436
4
Recoveries of amounts treated as qualifying distributions................
4
477,175
5
Add lines 3 and 4............................
5
38,731,611
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
38,731,611
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
76,814,050
b
Program-related investments—total from Part VIII-B..................
1b
113,770,452
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
3,537,429
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
194,121,931
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 38,731,611
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020...... 6,361,515
c From 2021...... 14,011,692
d From 2022...... 77,197,503
e From 2023...... 126,408,138
f Total of lines 3a through e ........ 223,978,848
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 194,121,931
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions).....
0
c Treated as distributions out of corpus (Election
required—see instructions)........
0
d Applied to 2024 distributable amount..... 38,731,611
e Remaining amount distributed out of corpus 155,390,320
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 5 379,369,168
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 ..........
0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) .......
0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ...
0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ......
379,369,168
10 Analysis of line 9:
a Excess from 2020.... 6,361,515
b Excess from 2021.... 14,011,692
c Excess from 2022.... 77,197,503
d Excess from 2023.... 126,408,138
e Excess from 2024.... 155,390,320
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).)
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

Charityvest Inc

75 5th St NW Ste 2200
Atlanta,GA30308
N/A PC Advocate for the wellbeing of all animals 5,092,614

Karuna Foundation

7522 Monarch Rd
Niwot,CO80503
N/A PC Advocate for the wellbeing of all animals 12,530,000

National Philanthropic Trust

165 Township Line Rd Ste 1200
Jenkintown,PA19046
N/A PC Advocate for the wellbeing of all animals 9,735,000

Vanguard Charitable Endowment Program

2670 Warwick Ave
Warwick,RI02889
N/A PC Advocate for the wellbeing of all animals 45,710,000

Go Dharmic Inc

112 Parkside Blvd
Port Wentworth,GA31407
N/A PC Advocate for the wellbeing of all animals 137
Total .................................right arrow 3a 73,067,751
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 36,766,502  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............
    18 107,647,037  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPRI - interest from debt investments
        1,007,867
bPRI - K-1 passthrough income         -6,742,953
cMRI - K-1 passthrough income     14 -250,299  
dFutures currency delivery     14 148,456  
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 144,311,696 -5,735,086
13Total. Add line 12, columns (b), (d), and (e)..................
13
138,576,610
(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.)
11a The Foundation receives interest income from its program-related debt investments.
11b The Foundation receives passthrough K-1 income from some of its program-related partnership investments.
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow
PTIN
Firm's name Right Arrow
Firm's EIN Right Arrow
Firm's address Right Arrow


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


Software ID:  
Software Version:  


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

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

85-2700743
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

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

527 political organization


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

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

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
Ahimsa Foundation
 
Employer identification number
85-2700743
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
1
New Crop Capital Trust
 
274 Zena Rd
 
Kingston, NY12401

$ 20,408,931


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
2
Veg Invest Trust
 
7522 Monarch Road
 
Niwot, CO80503

$ 1,006,182


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
Ahimsa Foundation
 
Employer identification number

85-2700743
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
Promissory note - Gathered Foods $ 20,308,931 2024-04-01
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
2
Promissory note - Gathered Foods $ 1,006,182 2024-12-20
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
Ahimsa Foundation
 
Employer identification number

85-2700743
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
Ahimsa Foundation
EIN:
85-2700743
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting and Tax compliance 199,550 99,775 0 99,775

TY 2024 AllOthProgRltdInvestmentsSch
Name:
Ahimsa Foundation
EIN:
85-2700743
Category Amount
Euro Vegan Corp owns a tofu plant in Germany. 12,450,000
Veg Capital Limited aims to shift more nutritional consumption to plant-based foods by providing early-stage capital to companies striving to replace the use of animals in the food system. 9,707,292
TofuTown.com is a German tofu manufacturer. 9,278,072
Next Level Burger seeks to change American food culture for the better by delivering the best breadth, depth and quality of plant-based experiences across restaurant categories that customers crave. 9,235,000
Unovis NCAP Fund II C.V. partners with entrepreneurs developing innovative plant-based and cultivated replacements to animal products, including meat, seafood, dairy, and eggs. 2,640,788
Joyful Ventures Fund I, LP seeks to generate financial returns through investments in animal-free, sustainable protein companies. 1,785,000
The purpose of Wicked Foods, Inc. is to save animals and support the planet and people that live on it by creating chef crafted, delicious, 100% plant-based foods sold throughout grocery/food-service. 1,500,000
Tamerlaine Farm is an animal sanctuary. 1,409,292
The mission of Demolish Foods is to research and develop novel precision technologies that realize the vision of recreating plant-based alternatives to whole-cuts of meat starting with fish. 1,000,000
Better Eating seeks to change American food culture for the better by delivering the best breadth, depth and quality of plant-based experiences across restaurant categories that customers crave. 787,980
The mission of Blackbird Foods, Inc. is to provide restaurant quality meats and frozen packaged goods, 100% made from plants. 635,000
Eco Vegan Leather is a plant-based leather alternative that outperforms and outlasts animal leather. 608,023
Plantega fights for systemic solutions that address climate change, food literacy, wellness, and a more just economy. 478,223
Game Changers Foundation seeks to challenge the key myths underlying the consumption of animal foods while promoting a strong, just, and sustainable plant-based lifestyle. 250,000
Cruelty Free Peru's mission is to innovate the plant-based meat industry by creating flavorful Latin American-inspired products that are not only delicious but also affordable for everyone. 200,000
Gathered Foods propels change through craveable plant-based foods so that all beings, and our planet, can thrive. 165,113
Renegade Foods, Inc. seeks to remove animals from the food supply chain by providing consumers with delicious plant protein alternatives. 155,000
Alwyn Capital Fund I, LP invests in early-stage companies developing solutions to end the use of animals in food, fashion, and pharmaceuticals. 127,500
Uncaged Innovations, Inc. researches and produces bio-based animal leather alternatives. 124,452
Odd Burger offers plant-based fast food and plant-based food tech manufacturing. 91,730
Compassionate Choices manufactures and sells plant based dairy alternatives. 72,925
Miss Liberty the Movie, LLC is developing the screenplay for a family feature film, "Miss Liberty," about a cow who escapes from a slaughterhouse. 50,000
Red Roof Productions is producing a documentary motion picture currently entitled "Disruptors" which tells the story of a group of animal rights activists attempting to elevate the legal, political, and cultural standing of non-human animals. 50,000
Kingdom Kale manufactures kale chips. 45,000
Vegan Passion Private Limited is a purpose-driven media-events company with the mission to enable more people to follow a vegan lifestyle through creating awareness, promoting alternatives and offering support. 39,000
Dao Foods International, Inc. is an impact investment firm that aims to help entrepreneurs develop exciting new plant-based meat and alternative protein products in China to reduce the consumer demand for industrial animal agriculture. 32,982
GreenPro International B.V. is a plant-based food distributor. They believe in making the best plant-based food alternatives accessible, without people having to compromise on taste, quality and price. They believe in a world where plant-based eating is the norm, and part of our daily diet. 27,312
Plant Pure aims to shift more nutritional consumption to plant-based foods by supporting and expanding access and convenience to plant-based meals. 7,703
Souley Vegan is a small vegan catering company located in Las Vegas. 3,520
PHYX44 PTE Ltd's goal is to create precision fermentation derived dairy alternatives that are identical to product obtained from animals. The mission is to offer animal free & climate friendly food alternatives to consumers around the world. 772

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TY 2024 ExpenditureResponsibilityStmt
Name:
Ahimsa Foundation
EIN:
85-2700743
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
Opalia (fka BetterMilk)
 
209-2730 rue Notre Dame O
Montreal,QuebecH3J 1L1
CA
2021-05-26 436,498 Opalia (fka: BetterMilk) makes milk with mammary cells for ethical and sustainable dairy products.   No 12/31/23, 4/30/24, 6/30/24, 11/30/24, 12/31/24, 5/31/25, 9/30/25   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Bluefin Foods Inc
 
2810 W Canyon Ave
San Diego,CA92123
2022-01-28 200,000 Bluefin Foods, Inc. is a cell-cultured seafood company aiming to provide the world with a better alternative to the traditional seafood supply chain.   No 6/30/22, 7/31/22, 12/31/23, 12/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Miruku Limited
 
62 Ardmore Street
Wanaka   9305
NZ
2022-01-27 469,318 Miruku provides animal equivalent nutrition without the need to farm animals by using plants as protein expression systems.   No 7/31/22, 10/31/22, 12/31/23, 12/31/24, 3/31/25   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Umaro Foods Inc
 
1065 Stannage Ave
Albany,CA94706
2022-01-14 249,999 Umaro Foods, Inc. develops new and improved plant-based meat products using protein and other ingredients derived from seaweed.   No 10/31/22, 12/31/22, 5/31/23, 9/30/23, 12/31/23, 1/31/24, 12/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Outlier Health
 
838 Walker Rd Suite 21-2
Dover,DE19904
2022-01-14 400,000 Outlier Health promotes plant-based nutrition and ensures the long-term wellbeing of vegans through education and consumer packaged goods.   No 7/31/22, 10/31/22, 3/31/23, 6/30/23, 9/30/23, 12/31/23, 1/31/24, 5/31/24, 6/   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
The Green Shoot Institute Ltd
 
Studio 512/513 The Greenhouse The
Custard Factory
Birmingham   B9 4DP
UK
2022-04-07 157,410 The goal of The Green Shoot Institute, Ltd. is to help 1 million employees live healthier, more sustainable lives.   No 12/31/23, 12/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Plant Veda Foods Ltd
 
1668 Fosters Way
Delta,British ColumbiaV3M 6S6
CA
2022-04-22 160,764 Plant Veda Foods, Inc. works to shift humanity to a plant-based lifestyle.   No 12/31/23, 12/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
RDCL Superfoods Inc
 
1902 Midvale Ave
Los Angeles,CA90025
2022-04-15 200,000 RDCL Superfoods, Inc. makes plant-powered food & beverage products such as superfood hot chocolate and superfood hydration.   No 12/31/22, 12/31/23, 12/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Odd Burger Corporation
 
505 Consortium Court
London,OntarioN6E 2S8
CA
2022-04-19 403,123 Odd Burger Corporation provides plant-based fast food.   No 4/30/22, 9/30/23, 11/30/23, 12/31/23, 1/31/24, 3/31/24, 4/30/24, 6/30/24, 9/   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Impact Foods
 
1698 Old Baldy Way
Upland,CA91784
2022-05-19 150,000 Impact Foods is reimagining a more sustainable food system through delicious and nutritious plant-based seafood.   No 12/31/22, 2/28/23, 6/30/23, 7/31/23, 9/30/23, 12/31/23, 6/30/24, 10/31/24, 8   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Collectively International Inc
 
108 Exeter Drive
Berkeley Heights,NJ07922
2022-06-14 1,000,000 Collectively International, Inc. created a network of plant-based restaurant/retail outlets, and a membership club to promote plant-based, sustainable lifestyles.   No 12/31/23, 12/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Vegan Passion Private Limited
 
M12/18 DLF Phase 2
Gurugram,Haryana122008
IN
2022-07-07 200,000 Vegan Passion Private Limited is a purpose-driven media-events company with the mission to enable more people to follow a vegan lifestyle through creating awareness, promoting alternatives and offering support.   No 11/30/22, 4/30/23, 11/30/23, 12/31/24, 10/31/25   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Climate Refarm PBC
 
17 Lake Place 3
New Haven,CT06511
2022-09-19 49,430 Climate Refarm aims to accelerate the transition towards a just and sustainable food system by leveraging incentives in the carbon market.   No 6/30/23, 1/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Kingdom Kale
 
201 Swede St Fl 1
Norristown,PA19401
2023-09-29 105,000 Kingdom Kale manufactures kale chips.   No 12/31/23, 10/31/24, 11/30/24, 12/31/24, 5/31/25, 7/31/25, 9/30/25   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Dao Foods Funds SPC Ltd
 
Sea Meadow House PO Box 116
Road Town,Tortola  
VI
2020-12-16 245,420 Dao Foods International, Inc. is an impact investment firm that aims to help entrepreneurs develop exciting new plant-based meat and alternative protein products in China to reduce the consumer demand for industrial animal agriculture   No 7/31/24, 8/31/24, 9/30/24, 10/31/24, 12/31/24, 1/31/25, 2/28/25, 5/31/25, 6/   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Brew 51
 
1st Fl SPD Plaza 52 Jyoti Niwas
College Rd
Bengaluru   560034
IN
2021-08-26 73,254 Brew 51 researches and develops novel precision technologies that realize their vision of recreating plant-based alternatives to whole-cuts of meat starting with fish.   No 8/26/21, 12/31/22, 12/31/23, 12/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Eco Vegan Leather Private Limited
 
B-55 Block C-1 Shashtripuram
Agra,Uttar Pradesh282007
IN
2021-09-15 675,600 Eco Vegan Leather manufactures vegan leather.   No 2/24/22, 12/31/23, 1/31/24, 2/28/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
SAP Agrotech Private Limited
 
D-255 Sector-63 Gautam Buddha Nagar
Noida,Uttar Pradesh201301
IN
2022-09-29 74,000 SAP Agrotech Private Limited is driven to create great tasting & healthy plant-based alternatives for everyone which are good for humans, for animals, and for the planet.   No 12/31/23, 12/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
PHYX44 PTE Ltd
 
160 Robinson Road 14 Business
Federation Centre
    068914
SN
2022-10-11 75,000 PHYX44 PTE Ltd's goal is to offer animal free & climate friendly food alternatives to consumers around the world.   No 12/31/23, 3/31/24, 5/31/24, 8/31/24, 2/28/25, 6/30/25   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Phyx44 Labs Pvt Ltd
 
D 741 Krishvi Gavakshi Gear Rd
Bangalore,Karnataka560103
IN
2024-06-06 772 Phyxx44 Labs Pvt Ltd's goal is to offer animal free & climate friendly food alternatives to consumers around the world.   No 3/31/24, 5/31/24, 6/30/24, 8/31/24, 10/31/24, 1/31/25, 6/30/25   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Veg Capital Ltd
 
24a Nottingham Road
Loughborough   LE11 1EU
UK
2021-02-03 60,163,579 Veg Capital provides early-stage capital to companies striving to replace the use of animals in the food system and donating all profits to effective UK and European charities that are raising awareness of farmed animals.   No 12/31/21, 9/30/23, then monthly from Nov '23 through Dec '25   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Plant Pure
 
101 E Clay St
Mebane,NC27302
2021-02-18 147,746 Plant Pure aims to shift more nutritional consumption to plant-based foods by supporting and expanding access and convenience to plant-based meals.   No Statements received monthly, Feb '21 through Dec '24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Plantega
 
67 West St Suite 401
Brooklyn,NY11222
2021-05-03 2,350,000 Plantega's vision is to make plant-based more accessible every day.   No 6/30/23, 5/31/24, 8/31/224, 9/30/24, 10/31/24, 5/31/25, 7/31/25   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Treasure Stove
 
2820 Pace Bend Road S
Spicewood,TX78669
2021-08-18 30,000 Treasure Stove promotes causes via the creation of documentaries, films, and TV shows. The Foundation exited this investment in July 2024.   No 11/11/22, 12/31/23   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment.
Plant Based Health Alliance
 
3A-01A Glo Damansara 699 Jalan
Damansara Taman
Kuala Lumpur   60000
MY
2021-08-18 100,000 Plant Based Health Alliance is a social enterprise dedicated to improving people's health through plant-based diets and healthy foods.   No 6/15/21, 2/3/22, 5/27/22, 12/31/23, 12/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Kitchen 7030 Limited
 
Bldg Panda Star Chef B2 Bldg 1 100
Ye Jia Zhai Rd
Shanghai    
CH
2021-08-30 200,000 Kitchen 70/30's mission is to make plant and fungi based food healthy, sustainable and convenient.   No 12/31/21, 9/6/22, 12/31/23, 12/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
FAB 108
 
213 West Pine Grove Ave
North Augusta,SC29841
2021-11-17 108,000 FAB 108 markets and promotes films that help foster compassion for all beings.   No 3/12/22, 12/31/23, 12/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Terraseed Inc
 
2770 Arapahoe Road Ste 132-641
Lafayette,CO80026
2022-01-21 250,000 Terraseed Inc. works to stop animal suffering and plastic pollution in the US supplement industry.   No 2/28/22, 3/31/22, 6/30/22, 10/31/22, 7/31/23, 11/30/23, 2/28/24, 6/30/24, 12   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Infinite Food Group
 
1401 Lavaca Street 167
Austin,TX78701
2022-03-09 125,000 Infinite Food Group works to enable Africa to leapfrog to a healthy, plant-forward food system, while transforming agriculture, creating jobs and sustaining our communities.   No 12/31/23, 12/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Compassionate Choices Private Limited
 
E 204 Park View City 2 Sohna Road
Sector - 49
Gurgaon   122018
IN
2022-03-24 172,925 Compassionate Choices Private Limited manufactures and sells plant-based dairy alternatives.   No 12/31/23, 1/31/24, 3/31/24, 4/30/24, 7/31/24, 10/31/24, 11/30/24, 5/31/25, 8   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Mink Shoes
 
578 Washington Blvd 615
Marina Del Rey,CA90292
2022-05-20 308,362 The mission of Mink Shoes, Inc. is to replace animal-based leather with plant-based leathers, utilizing patent-pending technology.   No 10/31/22, 8/31/23, 11/30/23, 12/31/23, 1/31/24, 7/31/24, 9/30/24, 11/30/24,   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Gathered Foods Corporation
 
630 Kaiser Drive
Heath,OH43056
2022-05-31 15,798,373 Gathered Foods propels change through craveable plant-based foods so that all beings, and our planet, can thrive.   No 9/30/24, 11/30/24, 12/31/24, 2/28/25, 5/31/25, 9/30/25   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Foam Productions LLC
 
556 S Fair Oaks Ave 101-102
Pasadena,CA91105
2022-08-12 1,650,000 Foam Productions, LLC is a vegan movie production company.   No 12/31/23, 12/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
PlantPure Communities Inc
 
PO Box 387
Graham,NC27253
2022-08-11 175,000 The mission of PlantPure Communities is to build stronger, healthier, and more sustainable communities, with a current focus on promoting the health, environmental and ethical benefits of a plant-based diet.   No 8/31/22, 9/30/22, 12/31/23, 12/31/24, 2/28/25   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Demolish Foods Inc
 
7522 Monarch Road
Niwot,CO80503
2022-07-24 3,000,018 The mission of Demolish Foods, Inc. is to research and develop novel precision technologies that realize the vision of recreating plant-based alternatives to whole-cuts of meat starting with fish.   No 12/31/23, 2/28/24, 7/31/24, 9/30/24, 12/31/24, 8/31/25   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Bright Planet
 
8757 Walton Oaks Dr
Bloomington,MN55438
2022-09-20 200,000 Bright Planet seeks to feed dogs from all walks of life with nutritious, delicious, and sustainable plant-based consumables.   No 11/30/22, 1/31/23, 6/30/23, 7/31/23, 11/30/23, 12/31/23, 10/31/24, 11/30/24,   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Wicked Foods Inc
 
4622 Arden Ave
Edina,MN55424
2022-09-29 17,315,800 The purpose of Wicked Foods, Inc. is to save animals and support the planet and people that live on it by creating chef crafted, delicious, 100% plant based foods sold throughout grocery/food-service. In May 2024, $10,000,000 of Promissory Notes extended to Wicked Foods, Inc. were transferred to Ahimsa Companies, and the Foundation exited this investment.   No 6/30/23, 7/31/23, 10/31/23, 11/30/23, 12/31/23, 1/31/24, 3/31/24, 5/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment.
Thrilling Foods Inc
 
1620 SE 3rd Ave
Portland,OR97214
2022-11-15 400,000 Thrilling Foods, Inc. creates Food Without Sacrifice: they do not sacrifice animals or the planet; they don't ask customers to sacrifice their health or their taste preferences; and they don't sacrifice their employees.   No 9/30/23, 10/31/23, 1/31/24, 5/31/24, 7/31/24, 8/31/25, 9/30/25   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Kinda Limited
 
264 Perth Road Rd 4
New Plymouth,Alabama4367
NZ
2023-02-15 137,515 Kinda Limited is a food-tech company developing animal free foods.   No 3/31/24, 6/30/24, 7/31/24, 8/31/24, 10/31/24, 11/30/24, 12/31/24, 1/31/25, 8   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Blackbird Foods Inc
 
1040 45th Avenue Floor 3
Long Island,NY11101
2023-02-28 760,000 The mission of Blackbird Foods is to provide restaurant quality meats and frozen packaged goods, 100% made from plants.   No 12/31/23, 3/31/24, 5/31/24, 10/31/24, 5/31/25, 7/31/25   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
GreenPro International BV
 
Mussenstraat 9
Hilversum   1223 VB
NL
2023-06-29 325,640 GreenPro International B.V. is a plant-based food distributor. They believe in making the best plant-based food alternatives accessible, without people having to compromise on taste, quality and price. They empower makers of good, tasty plant-based products and help retail and foodservice companies to realize the full potential of plant-based opportunities. They believe in a world where plant-based eating is the norm, and part of our daily diet.   No 9/30/23, 12/31/23, 9/30/24, 12/31/24, 6/30/25, 7/31/25, 9/30/25   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Eat Just Inc
 
2000 Folsom Street
San Francisco,CA94110
2023-08-31 55,500,000 Eat Just, Inc. develops and markets plant-based alternatives to conventionally produced egg and cultivated meat products.   No 12/31/23, 1/31/24, 6/30/24, 8/31/24, 10/31/24, 11/30/24, 3/31/25,5/31/25, 7/   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Souley Vegan
 
3909 S Maryland Pkwy Ste 314
Las Vegas,NV94110
2024-02-06 3,520 Souley Vegan is a small vegan catering company located in Las Vegas.   No 2/28/24, 11/30/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Cruelty Free PeruPeruvian Veef
 
Cal 4 de Octubre Nro 103 Urb La
Libertad
Lima    
PE
2024-05-01 200,000 Cruelty Free Peru's mission is to innovate the plant-based meat industry by creating flavorful Latin American-inspired products that are not only delicious but also affordable for everyone.   No 3/31/24, 5/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Nussbar LLC
 
1505 Newport Ave
Bethesda,MD20816
2022-06-30 1,500,000 Nussbar, LLC is a plant-based fast, casual restaurant chain.   No 6/30/22, 12/31/23, 12/31/24, 9/30/25   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Nowadays Inc
 
4304 18th Street
San Francisco,CA94114
2023-05-18 300,000 Nowadays, Inc. is on a mission to build the cheapest and most-scalable manufacturing platform for whole cuts of clean label, plant-based meat.   No 12/31/23, 6/30/24, 7/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Renegade Foods Inc
 
2865 Seventh St Suite B
Berkeley,CA94710
2022-09-23 935,000 Renegade Foods, Inc. seeks to remove animals from the food supply chain by providing consumers with delicious plant protein alternatives.   No 9/30/22, 12/31/23, 1/31/24, 6/30/24, 1/31/25, 5/31/25, 8/30/25, 9/30/25, 10/   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Uncaged Innovations Inc
 
10 County Center Road Suite 305
White Plains,NY10607
2022-09-20 624,452 Uncaged Innovations, Inc. researches and produces bio-based animal leather alternatives.   No 9/30/22, 12/31/23, 6/30/24, 7/31/24, 3/31/25, 6/30/25, 4/30/25, 8/30/25, 9/3   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Better Eating Inc
 
7522 Monarch Road
Niwot,CO80503
2023-07-10 21,276,552 Better Eating, Inc. seeks to change American food culture for the better by delivering the best breadth, depth and quality of plant-based experiences across restaurant categories that customers crave. In January 2024, the Foundation's equity in Better Eating, Inc. was converted to equity in Next Level Burger.   No 12/31/23, 12/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment.
oShi Inc
 
HaAluf Yaakov Peri St 13
Rehovot   7639304
IS
2023-12-18 1,000,000 The mission of oShi, Inc. is to save the oceans.   No 12/31/23, 12/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Next Level Burger
 
70 SW Century Dr Ste 1077
Bend,OR97702
2024-01-05 30,511,552 Next Level Burger seeks to change American food culture for the better by delivering the best breadth, depth and quality of plant-based experiences across restaurant categories that customers crave. In January 2024, the Foundation's equity in Better Eating, Inc. was converted to equity in Next Level Burger.   No 9/30/24, 11/30/24, 1/31/25, 2/28/25, 4/30/25, 5/31/25, 6/30/25, 7/31/25, 8/3   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
TofuTowncom
 
Luner Rennbahn 9 D-21339
Luneburg    
GM
2024-02-14 9,278,072 TofuTown.com is a German tofu manufacturer.   No 1/31/24, 2/28/24, 3/31/24, 5/31/24, 6/30/24, 9/30/24, 11/30/24, 5/31/25, 6/3   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Euro Vegan Corp
 
7522 Monarch Rd
Niwot,CO80503
2023-12-28 12,750,000 Euro Vegan Corp owns a tofu plant in Germany.   No 12/31/23, 1/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Miss Liberty the Movie LLC
 
40 W 116th St A504
New York,NY10026
2024-09-20 50,000 Miss Liberty the Movie, LLC is developing the screenplay for a family feature film, "Miss Liberty," about a cow who escapes from a slaughterhouse.   No 9/30/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Sustainable Food Ventures LP - A1-A3
 
411 1st Ave S Ste 505
Seattle,WA98104
2020-10-19 1,550,000 Sustainable Food Ventures works to accelerate the rise of plant based, cell based and recombinant foods and to end animal agriculture as a result.   No 12/31/20, 3/11/21, 12/31/21, 5/10/22, 12/31/22, 12/31/23, 3/31/24, 12/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Unovis NCAP Fund II CV
 
Weteringschans 225 H
Amsterdam   1017XH
NL
2020-10-22 18,649,404 Unovis NCAP Fund II C.V. partners with entrepreneurs developing innovative plant-based and cultivated replacements to animal products, including meat, seafood, dairy, and eggs.   No 7/31/24, 8/31/24, 9/30/24, 10/31/24, 11/30/24, 12/31/24, 2/28/25, 3/31/25, 5   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
VegTech LLC
 
1842 Purdue Ave 103
Los Angeles,CA90025
2021-10-10 200,000 VegTech invests at least 80% of its net assets in the securities of companies that use a de minimis amount of animals in products in order to promote positive environmental change.   No 2/19/22, 12/31/22, 12/31/23, 12/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Joyful Ventures Fund I LP
 
8629 Rugby Dr
W Hollywood,CA90069
2022-11-14 2,917,000 Joyful Ventures Fund I, LP seeks to generate financial returns through investments in animal-free, sustainable protein companies.   No 5/30/24, 6/30/24, 7/31/24, 8/30/24, 10/31/24, 11/30/24, 12/31/24, 1/31/25, 7   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Ahimsa Companies
 
7522 Monarch Rd
Niwot,CO80503
2024-03-02 43,812,773 Ahimsa Companies invests in organizations that pursue the wellbeing of all animals.   No 5/31/24, 6/30/24, 7/31/24, 8/30/24, 10/31/24, 11/30/24, 12/31/24, 1/31/25, 7   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Alwyn Capital Fund I LP
 
134 Doctor Martin Luther King
Junior St
St Petersburg,FL33705
2024-11-18 127,500 Alwyn Capital Fund I, LP invests in early-stage companies developing solutions to end the use of animals in food, fashion, and pharmaceuticals.   No 6/30/24, 7/31/24, 11/30/24, 12/31/24, 3/31/25, 6/30/25, 7/31/25, 10/31/25   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.
Red Roof Productions
 
228 Park Avenue S PMB 632352
New York,NY10003
2024-12-05 50,000 Red Roof Productions is producing a documentary motion picture currently entitled Disruptors which tells the story of a group of animal rights activists attempting to elevate the legal, political, and cultural standing of non-human animals.   No 11/30/24, 12/31/24   Recipient submitted a complete report of the type ordinarily required by commercial investors under similar circumstances. Based on recipient's reports, no part of the funds have been used for purposes other than those contemplated by the program related investment. This investment remained on the foundation's balance sheet as of 12/31/24.

TY 2024 InvestmentsCorpBondsSchedule
Name:
Ahimsa Foundation
EIN:
85-2700743
Name of Bond End of Year Book Value End of Year Fair Market Value
Toll Rd Invs Partnership II LP Ser 1999B Sr Zero CPN BD 144A - Due 2/15/27 6,929,603 6,947,120
Toll Rd Invs Partnership II LP Ser 1999B Sr Zero CPN BD 144A - Due 2/15/28 4,065,506 3,987,800
Anglesea Funding LLC Comm Paper Private Placement 144A - Due 01/02/25 54,852,863 54,852,284
Energy Transfer Oper LP Comm Paper Private Placement 144A - Due 01/02/25 59,985,000 59,985,000
Energy Missouri West Inc Comm Paper Private Placement 144A - Due 01/02/25 9,997,517 9,997,500
Energy Transfer LP Comm Paper Private Placement 144A - Due 01/03/25 32,386,322 32,402,682
ITT Inc Commercial Paper Private Placement 144A - Due 01/03/25 20,325,499 20,363,259
Brookfield BRP Holdings Comm Paper Private Placement - Due 01/03/25 29,944,933 29,988,600
Black Hills Corp Comm Paper Private Placement 144A - Due 01/06/25 9,983,208 9,992,020
Edison International Comm Paper Private Placement 144A - Due 01/06/25 7,985,440 7,993,840
Alimentation Couche-Tard Comm Paper Private Placement 144A - Due 01/06/25 24,945,694 24,981,000
Boston Properties LP Comm Paper Private Placement 144A - Due 01/07/25 14,982,379 15,005,783
Magna International Inc Comm Paper Private Placement 144A - Due 01/07/25 26,024,806 26,052,054
Liberty Utilities Co Commercial Paper - Due 01/08/25 19,746,831 19,765,017
ITT Inc Commercial Paper Private Placement 144A - Due 01/09/25 10,980,322 10,987,570
Liberty Utilities Co Commercial Paper - Due 01/09/25 24,932,479 24,971,750
Aquitaine Funding Co LLC Comm Paper Private Placement 144A - Due 01/09/25 45,792,688 45,799,107
Liberty Utilities Co Commercial Paper - Due 01/10/25 20,795,561 20,825,726
Brookfield BRP Holdings Comm Paper Private Placement - Due 01/10/25 10,271,580 10,287,125
Liberty Utilities Co Commercial Paper - Due 01/14/25 2,693,388 2,695,248
American Crystal Sugar Commercial Paper - Due 01/16/25 16,954,086 16,965,830

TY 2024 InvestmentsGovtObligationsSch
Name:
Ahimsa Foundation
EIN:
85-2700743
US Government Securities - End of Year Book Value:

0
US Government Securities - End of Year Fair Market Value:

0
State & Local Government Securities - End of Year Book Value:


132,135,144
State & Local Government Securities - End of Year Fair Market Value:


141,645,499


TY 2024 InvestmentsOtherSchedule2
Name:
Ahimsa Foundation
EIN:
85-2700743
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MRI - Eat Just, Inc. AT COST 85,012,052 117,013,212
MRI - Lucky Cricket Group Limited AT COST 75,000 75,000
MRI - Luvin Arms AT COST 35,000 35,000
MRI - Mozza Foods AT COST 245,420 245,420
MRI - Plant Based Cafe, LLC AT COST 15,000 17,162
MRI - Stray Dog Capital Fund, LP AT COST 1,092,042 1,092,042
MRI - Uplands Peak Sanctuary, Inc. AT COST 146,927 147,052
Section 1256 Regulated Futures Contracts AT COST 59,452,008 59,021,638

TY 2024 LandEtcSchedule2
Name:
Ahimsa Foundation
EIN:
85-2700743
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Land 3,825,796 0 3,825,796 3,825,796
Buildings 275,994 26,136 249,858 249,858
Buildings - 2023 146,161 9,744 136,417 136,417
Furniture and fixtures 37,282 11,433 25,849 25,849
Equipment 274,600 89,730 184,870 184,870
Vehicles 21,624 4,986 16,638 16,638
Construction in progress 28,000 0 28,000 28,000


TY 2024 LegalFeesSchedule
Name:
Ahimsa Foundation
EIN:
85-2700743
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal fees - PRI related 186,905 186,905 0 0
General governance and counsel 245,111 0 0 245,111


TY 2024 OtherAssetsSchedule
Name:
Ahimsa Foundation
EIN:
85-2700743
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PRI Equity Investments 44,376,244 79,732,110 81,914,611
PRI Debt Investments 135,273,201 188,421,978 200,810,925


TY 2024 OtherDecreasesSchedule
Name:
Ahimsa Foundation
EIN:
85-2700743
Description Amount
Write-off of PRI, Wicked Foods, Inc. 7,613,724
Write-off of PRI, Treasure Stove 41,554


TY 2024 OtherExpensesSchedule
Name:
Ahimsa Foundation
EIN:
85-2700743
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PRI - partnership expenses 699,881 696,529 0 0
MRI - partnership expenses 40,759 40,759 0 0
Bank fees 451 0 0 451
Other Gomata expenses 373,024 0 0 373,024
Other expenses 108,345 54,173 0 54,173


TY 2024 OtherIncomeSchedule2
Name:
Ahimsa Foundation
EIN:
85-2700743
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PRI - interest from debt investments 1,007,867 1,007,867 0
PRI - K-1 passthrough income -6,742,953 -6,742,953 0
MRI - K-1 passthrough income -250,299 -250,299 0
Futures currency delivery 148,456 148,456 0


TY 2024 OtherIncreasesSchedule
Name:
Ahimsa Foundation
EIN:
85-2700743
Description Amount
Basis adjustments to bonds 887,248


TY 2024 OtherLiabilitiesSchedule
Name:
Ahimsa Foundation
EIN:
85-2700743
Description Beginning of Year - Book Value End of Year - Book Value
MRI advance principal payments 4,937 0


TY 2024 OtherProfessionalFeesSchedule
Name:
Ahimsa Foundation
EIN:
85-2700743
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PRI Consultant fee 56,443 56,443 0 0
Investment services 400,439 400,439 0 0
Project Lift Off consulting fees 1,225,000 0 0 1,225,000
Better World Films consulting fees 322,673 0 0 322,673


TY 2024 TaxesSchedule
Name:
Ahimsa Foundation
EIN:
85-2700743
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise tax 466,000 0 0 0
VAT and property taxes 8,216 636 0 7,580


TY 2024 TransfersToControlledEntities
Name:
Ahimsa Foundation
EIN:
85-2700743
Name US /
Foreign Address
EIN Description Amount
Unovis SPV AF 21-A LLC 274 Zena Rd
Kingston,NY12401
86-3342570 Mission related investment of Ahimsa Foundation and not a business enterprise per IRC Sec 4943(e)(3) 2,500
Joyful Ventures Fund I LP 8269 Rugby Drive
West Hollywood,CA90069
88-3040223 Program related investment of Ahimsa Foundation and not a business enterprise per IRC Sec 4943(e)(3) 1,785,000
Euro Vegan Corp 7522 Monarch Rd
Niwot,CO80503
93-4649537 Program related investment of Ahimsa Foundation and not a business enterprise per IRC Sec 4943(e)(3) 12,450,000
Ahimsa Companies 7522 Monarch Rd
Niwot,CO80503
99-1536031 Program related investment of Ahimsa Foundation and not a business enterprise per IRC Sec 4943(e)(3) 43,812,773
Sustainable Food Ventures LP - A1 PO Box 3217
Seattle,WA98114
85-3296014 Program related investment of Ahimsa Foundation and not a business enterprise per IRC Sec 4943(e)(3) 0
Sustainable Food Ventures LP - A2 PO Box 3217
Seattle,WA98114
32-0680900 Program related investment of Ahimsa Foundation and not a business enterprise per IRC Sec 4943(e)(3) 0
Total     58,050,273