| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 158,063 | 130,666 | 27,397 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FIDELITY INTERMEDIATE TREASURY BOND | 2,924 | 2,497 |
| FPA CRESCENT PORTFOLIO CI I | 18,217,356 | 21,239,573 |
| ISHARES MSCI ACWI ETF | 9,653,358 | 11,390,450 |
| VANGUARD SHORT TERM TREASURY ADM | 16,250,721 | 15,246,201 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ACCOLADE PARTNERS VII-A LP | AT COST | 1 | 3,207,310 |
| ACCOLADE PARTNERS VIII-G, L.P. | AT COST | 1,290,953 | 1,347,547 |
| AETHER REAL ASSETS FD III-CCA | AT COST | 1,438,997 | 1,194,134 |
| ALTIMETER GROWTH PART FUND VI | AT COST | 1,436,895 | 1,496,171 |
| ALTIMETER PARTNERS FUND LP | AT COST | 9,000,000 | 7,468,134 |
| AMERICAN SECURITIES PARTNER VII LP | AT COST | 82,143 | 3,975,694 |
| AMERICAN SECURITIES PARTNER VIII LP | AT COST | 3,496,296 | 6,131,069 |
| AMPERSAND 2022 LP | AT COST | 485,000 | 437,842 |
| ANCHORAGE CAPITAL PARTNERS OFFSHORE | AT COST | 819,521 | 1,157,032 |
| ARROWSTREET CAP GLB ALL CTRY AL EX | AT COST | 12,263,200 | 19,213,935 |
| ASPEX GLOBAL FUND | AT COST | 7,000,000 | 10,734,106 |
| AUDAX PRIVATE EQUITY FUND VI-A LP | AT COST | 890,472 | 2,048,105 |
| AUDAX PRIVATE EQUITY FUND VII-A LP | AT COST | 1,091,291 | 1,120,006 |
| CENDANA CAPITAL V, L.P. | AT COST | 690,000 | 650,861 |
| CENDANA INTERNATIONAL II LP | AT COST | 914,925 | 943,674 |
| DAVIDSON KEMPNER INST PTNRS | AT COST | 4,000,000 | 7,051,745 |
| DRAGONEER GBL OFFSHORE FEEDER II LP | AT COST | 3,414,652 | 2,648,544 |
| DURABLE CAPITAL OFFSHORE FUND LTD | AT COST | 10,000,000 | 11,419,804 |
| EQT INFRA IV (NO. 2) USD SCSP. | AT COST | 2,402,990 | 3,746,576 |
| ETON PARK OVERSEES FUND, LTD. | AT COST | 2,896 | 1,883 |
| GENERATION LM ASIA FUND LP | AT COST | 2,000,000 | 2,220,330 |
| LEGACY VENTURE IX, LLC | AT COST | 2,169,535 | 3,607,373 |
| LEGACY VENTURE VII, LLC | AT COST | 1 | 5,568,811 |
| LEGACY VENTURE VIII, LLC | AT COST | 1,469,120 | 4,512,013 |
| LEGACY VENTURE X, LLC | AT COST | 1,875,000 | 1,866,110 |
| LEGACY VENTURE XI, LLC | AT COST | 500,000 | 468,558 |
| LONE PINE CAPITAL LLC | AT COST | 0 | 913,881 |
| NEWBURY EQ PARTNERS III-CCA | AT COST | 22,655 | 1,438,895 |
| ROCK SPRINGS CAP OFFSHORE FD | AT COST | 7,000,000 | 5,295,339 |
| STEPSTONE VC SECONDARIES V CAYMAN | AT COST | 1,852,465 | 2,013,574 |
| SUMMIT PARTNERS GROWTH EQUITY IX-A | AT COST | 265,327 | 6,398,690 |
| SUMMIT PARTNERS GROWTH EQUITY X-A | AT COST | 1,967,936 | 2,762,219 |
| SUMMIT PARTNERS GROWTH EQUITY XI-A | AT COST | 583,747 | 1,175,748 |
| TA XIII-B LP | AT COST | 1,140,000 | 3,354,786 |
| TA XIV-B LP | AT COST | 2,827,500 | 2,855,401 |
| TIGER GLOBAL LONG OPPORTUNITIES LTD | AT COST | 10,000,000 | 3,884,217 |
| TRUEBRIDGE GLOBAL PREMIER | AT COST | 687,556 | 698,741 |
| TWO SIGMA WORLD CORE FUND, LP | AT COST | 5,000,000 | 8,675,421 |
| VARDE FUND XIII (B) (FEEDER) LP | AT COST | 1,078,167 | 1,879,592 |
| VARDE INVESTMENT PARTNERS OFFSHORE | AT COST | 886,923 | 1,253,682 |
| VIKING GLOBAL OPP III LP | AT COST | 10,000,000 | 12,907,660 |
| WHEELOCK STREET REAL ESTATE FD V LP | AT COST | 459,990 | 1,305,566 |
| WHEELOCK STREET REAL ESTATE FD VI LP | AT COST | 1,090,737 | 1,440,451 |
| WHI REAL ESTATE PARTNERS IV-TE LP | AT COST | 2,874 | 333,166 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 10,813 | 0 | 10,813 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DEPOSITS | 13,156 | 13,156 | 13,156 |
| DUE FROM VOSE RIVER CHARITABLE FUND | 1,313,553 | 434,675 | 434,675 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| D&O INSURANCE | 20,014 | 0 | 20,014 | |
| CORPORATE FILING FEES | 1,437 | 0 | 1,437 | |
| DUES AND SUBSCRIPTIONS | 181,327 | 0 | 181,327 | |
| INFORMATION TECHNOLOGY | 215,258 | 0 | 215,258 | |
| MISCELLANEOUS | 105,180 | 0 | 105,180 | |
| OFFICE EXPENSES | 28,963 | 0 | 28,961 | |
| MARKETING | 207,809 | 0 | 207,809 | |
| BOARD MEETINGS | 22,266 | 3,340 | 18,926 | |
| PARTNERSHIP EXPENSES | 0 | 1,273,317 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROYALTIES | 1,579 | 1,579 | 1,579 |
| OTHER INCOME FROM K-1S | 6,476,848 | ||
| RENTAL LOSS FROM K-1S | -91,221 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING FEES | 1,075,872 | 0 | 1,075,872 | |
| INVESTMENT MANAGEMENT FEES | 435,648 | 435,648 | 0 | |
| PAYROLL SERVICES | 35,193 | 0 | 35,193 | |
| RESEARCH & EVALUATION | 57,234 | 0 | 57,234 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BUSINESS INCOME TAX | 25,755 | 0 | 0 | |
| EXCISE TAX | 10,000 | 0 | 0 | |
| FOREIGN TAXES | 0 | 101,108 | 0 | |
| PAYROLL TAXES | 267,606 | 9,366 | 258,240 |