| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting and Tax compliance | 199,550 | 99,775 | 0 | 99,775 |
| 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 |
| 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. | ||
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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. | ||
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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. | ||
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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. | ||
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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. | ||
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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. | ||
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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. | ||
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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. | ||
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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. | ||
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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. | ||
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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. | ||
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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. | ||
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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. | ||
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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. | ||
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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. | ||
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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. | ||
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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. | ||
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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. | ||
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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. |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| Description | Amount |
|---|---|
| Write-off of PRI, Wicked Foods, Inc. | 7,613,724 |
| Write-off of PRI, Treasure Stove | 41,554 |
| 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 |
| 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 |
| Description | Amount |
|---|---|
| Basis adjustments to bonds | 887,248 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| MRI advance principal payments | 4,937 | 0 |
| 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 |
| 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 |
| 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 | |||