2021-12-17T12:45:40-06:00 2020-12-31 KPMG LLP 8350 Broad Street Suite 900 McLean VA 22102 990PF 2020-01-01 133965896 Soros Economic Development Fund % JAMES BEAVER SORO 2125480600 224 West 57th St 9th floor New York NY 10019 James Beaver Treasurer 2125476967 2021-12-14 true James Beaver 999009999 Margaret A Bradshaw P00501222 7032868000 2021-12-14 2 2020 2022-09-23 18:48:47Z X 134958782 X 62425000 -2429926 0 -9911172 -777804 0 50083902 -777804 0 0 827902 0 0 827902 181719 0 0 181719 775106 0 0 799506 -947537 0 0 46663 837190 0 0 1855790 1257554 1032554 2094744 0 0 2888344 47989158 0 0 315495 248233 248233 188448 256862 188448 188448 39973485 10452011 39973485 39973485 97539 68508 68508 39098 39098 76318766 94480108 94480108 87440673 134958782 134958782 475520 226858 478313 397029 953833 623887 X 76034829 94361410 10452011 39973485 86486840 134334895 87440673 134958782 86486840 47989158 134475998 141103 134334895 REALIZED GAIN/LOSS FROM PROGRAM RELATED INVESTMENTS 2429926 -2429926 -2429926 -2429926 -2240686 0 0 0 21549 0 21549 21549 21549 0 false false false 0 0 0 false false false false true true DE NY true false false false false true WWW.SEDFNY.ORG JAMES BEAVER 2125476967 224 WEST 57TH ST 9TH FLOOR NEW YORK NY 10019 false false false true true false false false false false false false false false false false true false false true false false false false Sean Hinton 224 West 57th St 9th floor New York NY 10019 CEO 40.0 0 0 1627 Catherine Cax 224 West 57th St 9th floor New York NY 10019 Director of Investment 40.0 0 0 1627 James Beaver 224 West 57th St 9th floor New York NY 10019 Treasurer 40.0 0 0 1627 Maija Arbolino 224 West 57th St 9th floor New York NY 10019 Director 1.0 0 0 1627 Gregory Taylor 224 West 57th St 9th floor New York NY 10019 Director 1.0 0 0 1627 LEONARD BENARDO 224 West 57th St 9th floor New York NY 10019 DIRECTOR 1.0 0 0 1627 Patterson Belknap Webb & Tyler 1133 Avenue Of The Americas NEW YORK NY 100366710 LEGAL FEES 385430 ROOTBRIDGE ACADEMY OF GIVING PRIVATE LTD 4016TH CROSS OFF 8TH MAIN MALLES BANGALORE KARNATAKA IN CONSULTING 241187 MICHEL MORES 48 CHANCERY LANE LONDON UK LEGAL FEES 195369 KPMG LLP - DEPT 0511 PO BOX 120511 DALLAS TX 753120511 ACCOUNTING and Tax 131807 PRICEWATERHOUSECOOPERS LLP 1 EMBANKMENT PLACE LONDON UK ACCOUNTING and TAX 119856 5 INSURESILIENCE INVESTMENT FUND:FUND INVESTS IN COMPANIES OF- FERING INSURANCE SOLUTIONS FOR WEATHER EVENTS & TECHNOLOGY PLATFORMS THAT ENABLE INSURANCE COMPANIES TO OFFER THESE INS 5822837 NOMOU JORDAN FUND:NOMOU JORDAN PROVIDES SME LOANS AND TECHNICAL ASSISTANCE VIA BUSINESS SUPPORT TO INVESTEES TO INCREASE OUTREACH TO REFUGEE OWNED AND/OR REFUGEE EMPLOYING 5040000 22235690 33098527 0 1857351 0 1857351 0 1857351 27860 1829491 91475 91475 0 0 91475 361978 453453 453453 2888344 33098527 722382 0 0 36709253 0 36709253 453453 2018 2017 2016 0 5695253 1245394 16968660 71786177 95695484 36709253 453453 36255800 131951284 0 0 0 5695253 126256031 1245394 16968660 71786177 36255800 NONE NONE X NONPROFIT FINANCE FUN 5 HANOVER SQUARE 9TH FLOOR NEW YORK NY 10004 PC providing relief to the poor and distressed and underprivileged and eliminating prejudice and discrimination by supporting grantee's establishment. 400000 AVON MUTUAL LTD OFFICE 310 SETSQUARED ENGLAND SHED STATION APPROACH UK 00000 NC To provide relief to the poor and distressed and underprivileged by funding the establishment of a cooperative banking business 243777 SOUTH WEST MUTUAL LTD BROADWALK HOUSE SOUTHERNHAY WEST, EXETER Devo UK 00000 NC To provide relief to the poor and distressed and underprivileged by funding the establishment of a cooperative banking business 243777 GLOBAL IMPACT INVESTING NETWORK ONE BATTERY PARK PLAZA SUITE 202 NEW YORK NY 10004 PC to establish a platform of collaboration to coordinate the actions of impact investors in responding to the Covid-19 crisis. (the platform initiative) 95000 PEARL CAPITAL PARTNERS PLOT M697 EQUATA BUILDING 2ND FL LUGOGO KAMPALA UG 00000 NC The purpose of the grant is to provide relief to the poor and distressed (specifically, small holder farmers). 50000 1032554 18 -2429926 LOSS ON FOREIGN CURRENCY TRANSACTIONS 01 48889 LOSS ON PRIS UNDER EQUITY METHOD OF ACCOUNTING -10437064 PRI INVESTMENT INCOME 419289 OTHER INCOME 01 42240 -2338797 -10017775 -12356572 11 $-10,437,064 REPRESENTS INCOME/(LOSS) FROM PROGRAM-RELATED INVESTMENTS USING THE EQUITY METHOD OF ACCOUNTING. 11 $419,289 REPRESENTS INVESTMENT INCOME FROM PROGRAM-RELATED INVESTMENTS (PRIS). $158,600 FROM PROGRAM-RELATED INVESTMENTS, $71,449 FROM PRI LOANS INTEREST INCOME, AND $189,240 FROM DIVIDEND INCOME. false false false false false false false false false false X X 1 Foundation to Promote Open Society 224 WEST 57TH STREET NEW YORK NY 10019 62425000 X ACCOUNTING FEES 181719 181719 CEPHEUS GROWTH CAPITAL PARTNERS: HELPS TO HARNESS ETHIOPIA'S RAPID GROWTH AND SUPPORT THE SCALE UP OF EMERGING COMPANIES IN WAYS THAT ARE MORE INCLUSIVE AND WITH MORE EQUITABLE GAIN 2299350 PCP UGANDA YIELD FUND: TO ENABLE AGRIBUSINESS AND SMES TO BETTER SERVE SMALLHOLDER FARMERS BY PROVIDING PRODUCTS AND SERVICES THAT ENABLE THE FARMERS TO ACCESS MARKETS. 361993 ACCION VENTURE LAB: AIMS TO DIRECTLY IMPACT THE LIVES OF MILLIONS OF LOW-INCOME HOUSEHOLDS AND MICRO-BUSINESSES THAT ARE CURRENTLY UN-/UNDER-BANKED. 606240 EMERGING MEDIA OPPORTUNITY FUND: INVESTS IN INDEPENDENT NEWS MEDIA COMPANIES IN SELECT EMERGING AND FRONTIER MARKETS. 994817 ALITHEIA IDF FUND LP:THE FUND INVESTS IN SMES THAT PRESENT AN OPPORTUNITY TO ADVANCE GENDER-DIVERSITY AND IMPACT WOMEN THROUGH THEIR PRODUCTS, SERVICES, SUPPLY CHAINS AND HIRING. 653894 BHARAT INCLUSIVE TECH FUND: DECREASES SERVICES COSTS FOR BOTTOM OF THE PYRAMID CUSTOMERS. THE FUND FOCUSES ON EARLY STAGE COMPANIES LOOKING TO SERVE THESE CUSTOMERS IN AREAS 934042 WORKING CAPITAL INVESTMENT FUND, LP: EARLY STAGE INVESTMENT VEHICLE WITH A PRIMARY OBJECTIVE TO CATALYZE RAPID CHANGE IN THE WAY IN WHICH MULTINATIONAL CORPORATIONS UNDERSTAND AND 529167 MDIF MEDIA FINANCE I B.V.: MAKES LOANS TO IND. NEWS MEDIA COMPANIES IN SELECT EMERGING & FRONTIER MKTS. TIMELY, ACCUR- ATE INFO. IS CRITICAL TO FREE SOCIETIES & EQUITABLE ECON DEV 922188 MIDDLE EAST VENTURE: INVESTMENT TO PROMOTE TECHNOLOGICAL ADVANCEMENTS AND DEVELOPMENT IN THE WEST BANK AND GAZA STRIP, SPUR ECONOMIC GROWTH, JOB CREATION AND INNOVATION. 121000 ACUMEN RESILIENT AGRICULTURE FUND: INVESTS IN PIONEERING AND EARLY-GROWTH STAGE INNOVATIVE AGRIBUSINESSES THAT ENHANCE THE CLIMATE RESILIENCE OF SMALLHOLDER FARMERS. 1701538 INJARO WEST AFRICA: INVESTMENT TO ENSURE SMALL-SCALE FARMERS HAVE AFFORDABLE, TIMELY & RELIABLE ACCESS TO IMPROVED SEED AND PLANTING MATERIALS IN WEST AFRICA. 88617 SONG INV CO: INVESTMENT FOR THE PURPOSE OF INCREASING ECONOMIC OPPORTUNITIES AND JOB CREATION FOR LOW INCOME PERSONS IN DISTRESSED COMMUNITIES IN INDIA. 55412 EIP LEVANT SICAV PLC:THE FUND INVESTS IN SMES WITH A FOCUS ON ESSENTIAL SERVICES, EXPORT ORIENTED BUSINESSES AND PRODUCTIVE SECTORS IN LEBANNON. BY CREATING EMPLOYMENT 309243 ILLUMEN CAPITAL IS A FUND OF FUNDS THAT DELIVERS LONG-TERM, UNIQUELY TAILORED RACIAL AND GENDER BIAS REDUCTION COACHING TO US-BASED IMPACT-ORIENTED PE/VC FUND MANAGERS 992689 IPDEV II: A HOLDING COMPANY PROVIDING CAPITAL TO SMES IN COUNTRIE WITH HIGH POVERTY LEVELS AND UNEMPLOYMENT RATES AND LOW AGRICULTURAL PRODUCTIVITY IN ORDER TO SUPPORT JOB CREATE 243713 WWB CAPITAL PARTNERS II, LP:THE FUND INVESTS IN FEMALE-FOCUS FINANCIAL SERVICES COMPANIES IN EMERGING MARKETS. WWB WILL CONDUCT GENDER ASSESSMENTS TO DRIVE GENDER PARTICIPATION TO 655592 CADENCE HEALTH:CADENCE IS A US PHARMA COMPANY FOUNDED IN 2014;CONVERTED INTO A PUBLIC BENEFIT CORPORATION. IT IS ATT- EMPTING TO SHIFT THE WOMEN'S REPRODUCTIVE HEALTH LANDSCAPE 2500000 HALA SYSTEMS:HALA SYSTEMS IS A TECHNOLOGY COMPANY THAT AIMS TO SAVE CIVILIAN LIVES IN CONFLICT ZONES, MONITOR VIOLENCE, AND BRING ACCOUNTABILITY FOR WAR CRIMES. 1250000 ROOTBRIDGE SERVICES PRIVATE LTD:ROOTBRIDGE PROVIDES RETAIL FUNDRAISING SERVICES FOR SMALL AND LARGE INDIAN NGOS, PRIMARILY IN THE FORM OF SECURING RECURRING DONATIONS 754288 UNIVERCELLS S.A.: AN INNOVATIVE BIO-MANUFACTURING PRO- VIDER FOCUSED ON INCREASING THE AVAILABILITY OF AFFORDABLE BIOLOGICS. UNIVERCELLS DISTRIBUTED MANUFACTURING MODEL WILL 3659517 GLOBAL ACCESS DIAGNOSTICS: GAD IS A NON-PROFIT FOUNDED IN APRIL '20 TO MANUFACTURE DIAGNOSTICS DEVELOPED BY MOLOGIC, A UK COMPANY SPECIALIZED IN R&D OF LATERAL FLOW RAPID DIAGNO 2602390 Sean Hinton EMPLOYED AND PAID BY THE OPEN SOCIETY INSTITUTE (OSI). SEE EXHIBIT 1 FOR FURTHER DETAILS REGARDING SERVICE AGREEMENT BETWEEN SEDF AND OSI. Catherine Cax EMPLOYED AND PAID BY THE OPEN SOCIETY INSTITUTE (OSI). SEE EXHIBIT 1 FOR FURTHER DETAILS REGARDING SERVICE AGREEMENT BETWEEN SEDF AND OSI. James Beaver EMPLOYED AND PAID BY THE OPEN SOCIETY INSTITUTE (OSI). SEE EXHIBIT 1 FOR FURTHER DETAILS REGARDING SERVICE AGREEMENT BETWEEN SEDF AND OSI. Maija Arbolino EMPLOYED AND PAID BY THE OPEN SOCIETY INSTITUTE (OSI). SEE EXHIBIT 1 FOR FURTHER DETAILS REGARDING SERVICE AGREEMENT BETWEEN SEDF AND OSI. Gregory Taylor EMPLOYED AND PAID BY THE OPEN SOCIETY INSTITUTE (OSI). SEE EXHIBIT 1 FOR FURTHER DETAILS REGARDING SERVICE AGREEMENT BETWEEN SEDF AND OSI. LEONARD BENARDO FURTHER DETAILS REGARDING SERVICE AGREEMENT BETWEEN SEDF AND OSI. Accion Venture Lab 10 Fawcett Street Suite 204 Cambridge MA 02138 3000000 Accion Venture Lab is a fund that aims to directly impa 606240 NO 5/7/21 Acumen Resilient Agriculture Fund 40 Worth St Suite 303 New York NY 10013 5000000 Acumen Resilient Agriculture Fund invests in pioneering 1701538 NO 04/29/21 Alitheia IDF Fund 6th Floor Tower A CyberCity MP 72201 2020-04-03 10000000 The Fund invests in SMEs that present an opportunity to 653894 NO 4/8/21 Bharat Inclusive Technologies Seed Holdi IFS Court Bank Street 28 Cybercity Ebene MP 2019-04-25 5000000 Bharat Inclusive Tech Fund is designed to decrease serv 934042 NO 2/14/21 Cepheus Growth Capital Partners 6th Floor Tower A Cybercity Ebene MP 2019-09-30 10000000 helping to harness Ethiopia's rapid growth and support in ways that are more inclusive and with more 2299350 NO 7/2/21 Emerging Media Opportunity Fund I 37 West 20th Street Suite 801 New York NY 10011 2017-01-18 5000000 independent news media companies in select emerging and frontier mkts. Timely, accurate info. is crit 994817 NO 5/31/21 Ignia Fund LLP Av Ricardo Margin 575 Parque Corporativo Santa Engracia San Pedro Garza G MX 66267 2013-01-23 5000000 to alleviate poverty and community deterioration in Mexico by investing in commercial enterprises 0 NO 1/28/21 Illumen Capital 7315 Wisconsin Avenue Suite 250E Bethesda MD 20814 2020-10-15 5000000 delivers long-term, uniquely tailored racial and gender bias reduction coaching to PE,VC fund manager 992688 NO 5/26/21 Injaro West Africa Agricultural Investme 24 Dr Joseph Riviere Street Port Louis MP 2013-04-24 5000000 advancing the social objectives of alleviating poverty & revitalizing distressed regions in W.Africa 88617 NO 6/9/21 InsuResilience Investment Fund 2 rue d Alsace L-1122 Grand Duchy of Luxembourg LU 2020-06-18 10400000 improve the resilience of low-income vulnerable house- holds & Micro SMEs from extreme weather event 5822837 NO 6/21/21 IPDEV II (A cell of Investisseur & Parte 5 President John Kennedy St Port Louis MP 2018-10-16 5000000 provides capital to SMEs in countries with high poverty and unemployment rates and low agriculture 243713 NO 7/30/21 LeapFrog Financial Inclusion Fund 18N FR FELIX VAL ST 4 F UNIC CTR PORT LOUIS MP 2013-02-13 7000000 to create social impact globally by providing access to quality microinsurance products 0 NO 3/3/21 Middle East Venture Capital Fund 13 Zarhin St Bldg B 1st Floor Raanana IS Israel 2013-03-22 5000000 providing seed and early-stage financing to SMEs and create jobs within Palestinian Territories 121000 NO 4/5/21 Nomou Jordan Fund Block 9 Black River Road Bambous MP 90203 2018-10-25 8500000 SME loans & technical assistance via business support to investees to increase outreach to refugees 5040000 NO 2/15/21 PCP Uganda Yield Fund Plot M697 Equata Building 2nd fl Lugogo Kampala UG 2019-07-02 4400000 enable agribusiness & SMEs to better serve smallholder farmers by providing products and services 159210 NO 2/26/21 Siraj Palestine Fund UGLAND HOUSE PO BOX 309 CJ KY1-1104 2013-08-09 7000000 provide seed & early-stage financing to SMEs located in distressed regions of Palestinian Territories 0 NO 3/29/21 SONG Investment Management Company Level 3 Alexander House 35 Cybercity Ebene MP 2008-12-17 24000 provide non-binding investment advice & recommendations to SONG about investments in SMEs in India 0 NO 3/18/21 SONG Investment Company Level 3 Alexander House 35 Cybercity Ebene MP 2013-03-22 6000000 increasing economic opportunities and job creation for low-income persons in India, revitalize comm. 0 NO 3/18/21 Working Capital The Supply Chain Innov 2018-03-27 3000000 reducing the space for the most severe forms of labor exploitation to occur 529167 NO 5/12/21 WWB Capital Partners II LP 122 East 42nd Street 42nd Floor New York NY 10168 2020-08-25 5000000 invests in female-focused financial services companies in Emerging Markets 655591 NO 2/16/21 Cadence Health Inc 405 14th Street 200 Oakland CA 94612 2020-06-02 5000000 public benefit corp, its vision is to make safe birth control widely available at affordable prices 2500000 NO 1/19/21 Capfloat Financial Services Private Ltd Upper Palace Orchards Bellary Road Sadashivnagar Bangalore IN 560080 2019-08-16 27070603 provides small businesses & single household entrepre- neurs with short-term working capital finance 0 NO 3/18/21 Hala Systems Inc Rua Duque de Palmela n 27 1 esq Lisboa PO 1250-097 2020-03-19 2000000 aims to save civilian lives in conflict zones, monitor violence & bring accountability for war crime 1250000 NO 5/17/21 Juhudi Kilimo 7th Floor K-Rep Centre Wood Avenue Kilimani Nairobi KE 00100 2013-01-23 2278857 provides asset-based financing to smallholder farmers & rural small and medium enterprises in Kenya 0 NO 3/31/21 Univercells SA Rue Auguste Piccard 48 Gosselies BE 6041 2020-12-10 5900000 Bio-manufacturing provider focused on increasing the availability of affordable biologics. 3659517 NO 6/1/21 Union Trust Bank Lightfoot Boston Street Freetown SL 2009-11-18 1939443 economic opportunities & job creation for low-income persons and to revitalize communities 0 NO 6/13/18 GADCO Cooperatief UA 2014-02-19 482661 Copa Connect program, whereby inputs, equipment & tech- nical assistance provided to small farmers 0 NO 10/9/19 Global Access Diagnostics Bedford Technology Park Thurleigh Bedfordshire UK MK44 2YA 2020-10-14 2602390 manufactures Rapid Diagnostic tests for Low and Middle Income Countries at affordable prices. 2602390 NO 3/17/21 MDIF Media Finance I BV 37 W 20th St Ste 801 New York NY 10011 2016-11-01 1900000 loans to independent news media companies in select emerging and frontier markets 427718 NO 2/15/21 New Hampshire Community Loan Fund 7 Wall St Concord NH 28025 2019-07-01 7500000 provides investment capital & technical to finance affordable housing, child care facilities 7500000 NO 5/1/21 Real People Investment Holdings Limited 160 Jan Smuts Ave Rosebank SF 2195 2015-01-20 4785382 is a South African company providing a range of lending products to individuals and SME. 0 NO 3/30/21 Select Africa Finance Limited Ebene Heights Cybercity Ebene MP 2017-05-19 3000000 loans to employees of the Kenyan Government, or other low-income persons who are non or underbanked 0 NO 6/22/21 Foundation to Promote Open Society 224 West 57th Street NEW York NY 10019 2014-10-31 288889046 endowment grant within the meaning of treasury regulations Section 53.4945-5(c)(2) 288889046 NO 10/12/21 Avon Mutual LTD Office 310 SetSquared England She Bristol Avon UK BS1 6QH 2020-03-17 243777 relief to the poor & distressed & underprivileged by fu nding the estab. of a coop. banking business 243777 NO 3/11/21 Southwest Mutual LTD Broadwalk House Southernhay West Exeter Devon UK 2020-03-17 243777 relief to the poor & distressed & underprivileged by fu nding the estab. of a coop. banking business 243777 NO 3/11/21 Pearl Capital Partners Plot M697 Equata Building 2nd fl Lugogo Kampala UG 2020-09-03 50000 provide relief to the poor and distressed (specifically smallholder farmers) 50000 NO 2/26/21 EXHIBIT 1 Part VIII, Officers, Directors, and Trustees - EXHIBIT 1 Soros Economic Development Fund ("SEDF") has an agreement with Open Society Institute ("OSI"), whereby SEDF agreed to pay for certain services to be provided by OSI. During 2017, SEDF entered into an agreement with OSI, whereby SEDF transferred their employees to OSI. In addition, OSI agreed to make an in-kind contribution to SEDF for certain services to be provided by OSI. Pursuant to the agreement, OSI maintains on its payroll and benefit plans certain employees who provide services to SEDF. Section 332 Section 332 (1) Liquidating Corporation: The outstanding shares of Aspada Investment Advisors Pvt Ltd., a company organized under the laws of India, was 99% owned by Soros Economic Development Fund, 13-3965896, a company organized under the laws of the United States. On August 2, 2019 Aspada Investment Advisors Pvt Ltd., liquidated under Section 332 and the regulations thereunder. (2) Dates of Distributions: There were no distributions made by Aspada Investment Advisors Pvt Ltd. during the tax year other than the liquidation. (3) Aggregate Fair Market Value and Basis: 100% of Aspada Investment Advisors Pvt Ltd.'s assets and liabilities were deemed to have been distributed to Soros Economic Development Fund in complete liquidation of Aspada Investment Advisors Pvt Ltd. (4) There were no private letter rulings issued by the Internal Revenue Service in connection with the liquidation. (5) The plan of complete liquidation was adopted and completed on August 2nd, 2019. LEGAL FEES 827902 827902 ASPADA INVESTMENT COMPANY 11249564 15035761 15035761 PROGRAM RELATED INVESTMENTS: ACCION VENTURE LAB, L.P. 1240044 3018645 3018645 ACUMEN RESILIENT AGRI. FUND 2068 1420798 1420798 ALITHEIA IDF FUND LP 0 319029 319029 BHARAT INCLUSIVE TECH FUND 546000 2027386 2027386 CEPHEUS GROWTH CAPITAL PTRS 1337498 3240271 3240271 EMERGING MEDIA OPP FUND LP 3717861 4681808 4681808 IGNIA FUND I, L.P. 1915961 1031843 1031843 ILLUMEN CAPITAL 0 890072 890072 INSURESILIENCE INVESTMENT FUND 0 4267923 4267923 IPDEV II 0 788035 788035 WWB CAPITAL PARTNERS 0 576191 576191 INJARO WEST AFRICA 1067418 791846 791846 SONG INV COM. CLASS A SHARES 2832145 3000371 3000371 LEAPFROG FIN INCLUSION FUND 1075000 463334 463334 MIDDLE EAST VENTURE CAP FUND 2111625 854443 854443 SIRAJ PALESTINE FUND I, LP 3983595 1724108 1724108 INVESTISSEURE & PARTENAIRES 594300 0 0 NOMOU JORDAN FUND LLC 1266211 5961441 5961441 PCP UGANDA YIELD FUND 974167 999817 999817 WORKING CAP INNOVATION FUND LP 1013657 1602559 1602559 EQUITY INVESTMENT: CADENCE HEALTH INC 0 2500000 2500000 HALA SYSTEMS 0 1250000 1250000 ROOTBRIDGE SVCS PRIVATE LTD 0 319552 319552 CAPITAL FLOAT 27070603 18000000 18000000 JUHUDI KILIMO 1852564 1855115 1855115 SONG INVESTMENT MMGT COMPANY 27075 27075 27075 UNIVERCELLS 0 3684730 3684730 UNION TRUST BANK LTD. 755668 736658 736658 DEPOSITS: GLOBAL AGRI-DEVT COMPANY 482661 0 0 MDIF MEDIA FINANCE I B.V. 977812 1651056 1651056 MEDIA DEVELOPMENT INVT FUND 2000000 0 0 NEW HAMPSHIRE COMM LOAN FUND 7500000 7500000 7500000 REAL PEOPLE INVT HOLDINGS 3818410 3651520 3651520 SELECT AFRICA 2996500 2996500 2996500 GLOBAL ACCESS DIAGNOSTICS 0 2715450 2715450 ALLOWANCE FOR EST. LOSSES -6089641 -5103229 -5103229 FOREIGN CURRENCY TRANSLATION LOSSES 141103 TELECOMMUNICATIONS 3335 0 0 3335 DUES AND FEES 20000 0 0 20000 BK CHGS AND LTR OF CREDIT 4130 0 0 3056 LIABILITY INSURANCE 11391 0 0 20247 NY CHARITABLE REG. FEES 25 0 0 25 OTHER EXPENSES - PROVISION FOR LOANS - PRI -986418 0 0 0 Gain ON FOREIGN CURRENCY TRANSACTIONS 48889 0 0 LOSS ON PRIS UNDER EQUITY METHOD OF ACCT -10437064 0 0 PRI Investment Income 419289 419289 0 Other Income 42240 0 0 Partnership Loss 0 -1197093 0 Federal Excise Taxes 15474 0 0 DUE TO AFFILIATE 8698 916 DUE TO NON-AFFILIATES 42240 0 ACCRUED POST RETIREMENT MEDICAL 427375 396112 EMPLOYEE PAYABLES 0 1 CONSULTING FEES/SRVC AGREEMENT 775106 0 0 799506