2020-07-15T02:06:20-05:00 2019-12-31 770051130 ABBOTT STRINGHAM & LYNCH 1530 MERIDIAN AVE 2ND FLR SAN JOSE CA 95125 990 2019-01-01 710992446 KIVA MICROFUNDS KIVA 4153587500 986 MISSION STREET STE 400 SAN FRANCISCO CA 94103 CHAD STERBENZ CIO/ACTING CFO 4153587500 2020-07-14 1 SHEBA B DALANEY P00351252 4083778700 2020-07-14 12.217.167.71 2020-07-14 15:49:39 PD P 74966A53D9ACB7F50A69B830CC5D9BA9864E77AE B918F1C00FFED2661C5A43BEF2252A4B9D042A70 2019 2021-01-29 14:40:06Z X CHAD STERBENZ 986 MISSION STREET STE 400 SAN FRANCISCO CA 94103 19956835 0 X WWW.KIVA.ORG X 2005 CA KIVA IS A NON-PROFIT ORGANIZATION WITH A MISSION TO EXPAND FINANCIAL ACCESS TO HELP UNDERSERVED COMMUNITIES THRIVE BY PROVIDING AN ONLINE PLATFORM THAT FACILITATES MICROLOANS GLOBALLY; BEING A DEVELOPER OF BLOCKCHAIN BASED DIGITAL ID PLATFORM TO PROMOTE FINANCIAL INCLUSION; BEING A MANAGER OF IMPACT INVESTMENT FUNDS (AS AN EXEMPT REPORTING ADVISER). 6 4 133 450 0 0 23064341 19712505 0 0 71368 205657 47950 27150 23183659 19945312 0 0 0 0 10756728 13492427 0 0 2256810 7958581 13441800 18715309 26934227 4468350 -6988915 46231095 29265474 14089517 4217848 32141578 25047626 X KIVA IS A NON-PROFIT ORGANIZATION WITH A MISSION TO EXPAND FINANCIAL ACCESS TO HELP UNDERSERVED COMMUNITIES THRIVE BY PROVIDING AN ONLINE PLATFORM THAT FACILITATES MICROLOANS GLOBALLY; BEING A DEVELOPER OF BLOCKCHAIN BASED DIGITAL ID PLATFORM TO PROMOTE FINANCIAL INCLUSION; BEING A MANAGER OF IMPACT INVESTMENT FUNDS (AS AN EXEMPT REPORTING ADVISER). 1 0 20246392 27150 KIVA PARTNERS WITH OVER 312 GLOBAL MICROFINANCE INSTITUTIONS ("MFIS") AND OTHER SOCIALLY MINDED ORGANIZATIONS AND ENTERPRISES IN MORE THAN NINETY-FOUR (94) COUNTRIES ACROSS THE GLOBE. THIS NETWORK OF PARTNERSHIPS ENABLES KIVA TO CONNECT WITH BORROWERS SEEKING MICRO-LOANS. KIVA'S PARTNER ORGANIZATIONS ARE RESPONSIBLE FOR SELECTING AND VETTING THE BORROWERS AND ADMINISTRATING THE LOANS. KIVA'S ONLINE PLATFORM CONNECTS THESE BORROWERS WITH OVER 1.8 MILLION INDIVIDUALS TO DATE WHO WANT TO CONTRIBUTE LOAN FUNDS VIA THE INTERNET. IN 2012, KIVA INITIATED MORE CONCERTED WORK ON A PILOT PROGRAM (FORMERLY "KIVA ZIP" NOW RENAMED "KIVA US"), DESIGNED TO TEST THE FEASIBILITY OF FACILITATING MICROFINANCE LOANS FROM KIVA USERS MORE DIRECTLY TO KIVA BORROWERS VIA A SEPARATE WEBSITE URL (ZIP.KIVA.ORG). IN 2016, THE KIVA US WEBSITE WAS INTEGRATED INTO THE MAIN KIVA.ORG WEBSITE.KIVA CREATED KIVA-DAF, LLC ("KDAF") IN 2013 TO HOLD DONOR ADVISED FUND ACCOUNTS, KIVA IMPACT FUNDS, LLC ("KIF") IN 2016 TO FACILITATE MICROLOANS MADE WITH CAPITAL FROM OPIC, AND KIVA PROTOCOL, LLC IN 2018 TO DEVELOP A DIGITAL ID PLATFORM VIA BLOCKCHAIN TECHNOLOGY TO PROMOTE FINANCIAL INCLUSION, KIVA CAPITAL MANAGEMENT IN 2019 TO BE A MANAGER OF IMPACT INVESTMENT FUNDS (AS AN EXEMPT REPORTING ADVISOR), SUCH AS KIVA REFUGEE INVESTMENT FUND LLC IN 2019. 20246392 1 1 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 1 67 0 1 133 1 0 1 KE 0 0 0 0 0 0 1 0 0 0 X 6 4 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AK CA CT FL IL KS KY MD MA MI MN MS NH NJ NM NY NC ND OK OR PA RI SC TN UT WV WI AZ CO NC WA X X CHAD STERBENZ 4153587500 986 MISSION STREET STE 400 SAN FRANCISCO CA 94103 NEVILLE CRAWLEY CHIEF EXECUTIVE OFFICER 40.00 X X 622966 0 18141 JULIE HANNA FARRIS DIRECTOR 10.00 X 100385 0 0 REID HOFFMAN DIRECTOR 1.00 X 0 0 0 AMY ROWE KLEMENT DIRECTOR 1.00 X 0 0 0 JOHN MULLER DIRECTOR 1.00 X 0 0 0 MAYA CHORENGEL DIRECTOR 1.00 X 0 0 0 PAMELA YANCHIK CONNEALY CFO, COO, AND CHRO 40.00 X 520046 0 32902 KENNETH LEUNG EXECUTIVE VP, ENGINEERING 40.00 X 314323 0 32362 AUSTIN CHOI GENERAL COUNSEL 40.00 X 248381 0 27247 AARON GOLDSMID CHIEF PRODUCT OFFICER 40.00 X 240280 0 741 MATTHEW DAVIE CHIEF STRATEGY OFFICER 40.00 X 209412 0 21280 CHAD STERBENZ CHIEF INVESTMENT OFFICER 40.00 X 207828 0 22763 SARAH MARCHAL MURRAY CHIEF OFFICER, STRATEGIC PARTNERSHIPS 40.00 X 161287 0 12510 JESSICA SEILHAN VP, FINANCE 40.00 X 131087 0 4515 KEVIN O'BRIEN CHIEF TECHNOLOGY OFFICER 40.00 X 84813 0 3586 PREMAL SHAH SENIOR CONSULTANT 40.00 X 254233 0 19968 WILLIAM JACOBSEN SENIOR DIRECTOR, STRATEGIC INVESTMENTS 40.00 X 147944 0 28095 ERIC JENSEN PRINCIPAL SOFTWARE ENGINEE 40.00 X 165639 0 10227 ALAN KRASSOWSKI VP OF TECHNOLOGY, BLOCKCHAIN 40.00 X 158627 0 14516 CHELSA BOCCI VP, EMPLOYEE ENGAGEMENT 40.00 X 160300 0 10845 3727551 0 259698 15 1 1 1 EVERYDAY GENIUS INSTITUTE 18 BARTOL ST 1056 SAN FRANCISCO CA 94133 HR AND OFFICE OVERSIGHT, FUNCTIONAL CHIE 292038 MERTHIN TECHNOLOGIES 1101 BRICKELL AVE SOUTH TOWER 8T MIAMI FL 33131 KIVA PROTOCOL IMPLEMENTATION - SIERRE LE 193931 JW DESIGN PARTNERS 50 WOODSIDE PLAZA 510 REDWOOD CITY CA 94061 MARKETING SUPPORT 176220 SALTON MASSALLY 69 GRAY ST ARLINGTON MA 02476 KIVA PROTOCOL IMPLEMENTATION - SIERRE LE 155833 IVY TEK INC 219 RAINBOW DR STE 11912 LIVINGSTON TX 77399 ENGINEERING SUPPORT FOR KIVA US HOSTED M 124257 5 19712505 14113 19712505 196160 196160 21020 9265 2258 11755 -2258 9497 9497 OTHER MISC INCOME 900099 27150 27150 27150 19945312 27150 0 205657 2848593 2225797 328722 294074 8169520 6383396 942746 843378 265813 210444 27835 27534 1230583 918477 190046 122060 977918 775161 106116 96641 278063 250126 27937 243711 243711 1142726 712606 189040 241080 494152 480160 13992 144280 63209 78066 3005 1898864 1249607 502922 146335 1725645 1343247 202006 180392 871223 685827 149642 35754 316550 316550 1356545 1054523 159745 142277 250842 192218 34223 24401 CONTRACTORS 3558959 2507773 990087 61099 CURRENCY AND DAF LOSS 321848 321848 PORTFOLIO TEAM TRAINING 214698 211900 2798 BAD DEBT 208783 208783 414911 134740 241391 38780 26934227 20246392 4431025 2256810 18729011 16844264 6 6 1647556 1301230 16815 208763 22870329 6974747 1096156 648126 21812488 18819198 1581985 2993290 6857 25000 25000 257380 270048 46231095 29265474 2127201 3134916 1926960 1074072 10000000 35356 8860 14089517 4217848 X 10831687 12520183 21309891 12527443 32141578 25047626 46231095 29265474 X -6988915 -659 -4200 -100178 X X 0 1 X 1 0 X 19779764 17070812 17394640 23064341 19712505 97022062 19779764 17070812 17394640 23064341 19712505 97022062 97022062 63720 126632 288499 84317 196160 759328 4401 22436 28272 47950 27150 130209 97911599 0.99090 0.99060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 605651 6412696 6543060 1 1 1 165852504 50376670 65227738 151001436 0 162576 162576 0 1254385 1163181 91204 20395527 17493441 2902086 2993290 DEFERRED RENT OBLIGATION 8860 8860 X 21209194 -659 1598134 1597475 19611719 333593 333593 19945312 28303146 1690767 1690767 26612379 321848 321848 26934227 PART IV, LINE 1B: THE FUNDS OF KIVA'S USERS ARE HELD IN FBO ACCOUNTS SEPARATE FROM KIVA'S OPERATIONAL FUNDS. KIVA IS ENTITLED TO THE INTEREST EARNED ON THE FUNDS HELD IN THE FBO ACCOUNTS, PURSUANT TO THE BINDING TERMS OF USE WITH INDIVIDUAL USERS AT THE TIME A USER ACCOUNT IS ESTABLISHED. KIVA IS ALSO ENTITLED TO THE AUTO-CONVERTED DONATIONS FROM KIVA CARDS HELD IN THESE ACCOUNTS, AND ONLINE DONATIONS INTENDED FOR KIVA THAT ARE PROCESSED THROUGH THESE ACCOUNTS. PART X, LINE 2: KIVA HAS ADOPTED THE ACCOUNTING STANDARD RELATED TO UNCERTAINTIES IN INCOME TAXES. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY KIVA IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION; THEREFORE, NO LIABILITY FOR UNRECOGNIZED INCOME TAX BENEFITS HAS BEEN RECORDED AS OF DECEMBER 31, 2019 AND 2018. KIVA, KUF, KDAF, KIF, AND KP ARE SUBJECT TO EXAMINATION BY A MAJOR TAX JURISDICTION BACK TO 2015. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASSIFICATION OF LOAN LOSSES 321,848. REALIZED GAINS 11,745. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASSIFICATION OF LOAN LOSSES 321,848. 1 SUB SAHARAN AFRICA 1 5 MANAGEMENT PARTNER MONITORING 9963 SUB SAHARAN AFRICA 1 5 PROGRAM PARTNER MONITORING 308176 EUROPE 0 0 FUNDRAISING PARTNER MONITORING 1339 EUROPE 0 0 MANAGEMENT PARTNER MONITORING 2520 EUROPE 0 0 PROGRAM PARTNER MONITORING 72587 RUSSIA 0 0 MANAGEMENT PARTNER MONITORING 9095 RUSSIA 0 0 PROGRAM PARTNER MONITORING 12344 MIDDLE EAST 0 0 MANAGEMENT PARTNER MONITORING 2250 MIDDLE EAST 0 0 PROGRAM PARTNER MONITORING 9646 EAST ASIA 0 3 FUNDRAISING PARTNER MONITORING 210 EAST ASIA 0 3 MANAGEMENT PARTNER MONITORING 3641 EAST ASIA 0 3 PROGRAM PARTNER MONITORING 312966 SOUTH ASIA 0 0 PROGRAM PARTNER MONITORING 27227 CENTRAL AMERICA 0 0 MANAGEMENT PARTNER MONITORING 5886 CENTRAL AMERICA 0 0 PROGRAM PARTNER MONITORING 13194 SOUTH AMERICA 0 0 MANAGEMENT PARTNER MONITORING 6502 SOUTH AMERICA 0 0 PROGRAM PARTNER MONITORING 26003 NORTH AMERICA 0 1 FUNDRAISING PARTNER MONITORING 85 NORTH AMERICA 0 1 MANAGEMENT PARTNER MONITORING 24580 NORTH AMERICA 0 1 PROGRAM PARTNER MONITORING 18104 CENTRAL AMERICA 0 0 PROGRAM MICROFIANCE LOANS DISBURSED TO PARTNERS 1424375 EAST ASIA 1 3 PROGRAM MICROFIANCE LOANS DISBURSED TO PARTNERS 883875 EUROPE 0 0 PROGRAM MICROFIANCE LOANS DISBURSED TO PARTNERS 42575 MIDDLE EAST 0 0 PROGRAM MICROFIANCE LOANS DISBURSED TO PARTNERS 734500 RUSSIA 0 0 PROGRAM MICROFIANCE LOANS DISBURSED TO PARTNERS 467500 SOUTH AMERICA 0 0 PROGRAM MICROFIANCE LOANS DISBURSED TO PARTNERS 747400 SOUTH ASIA 0 0 PROGRAM MICROFIANCE LOANS DISBURSED TO PARTNERS 267800 SUB SAHARAN AFRICA 1 5 PROGRAM MICROFIANCE LOANS DISBURSED TO PARTNERS 1048825 2 10 2 20 4 30 418274 6064894 6483168 EUROPE MICROFINANCE LOANS DISBURSED TO PARTNERS 42575 WIRE TRANSFER FMV MIDDLE EAST MICROFINANCE LOANS DISBURSED TO PARTNERS 301275 WIRE TRANSFER FMV EAST ASIA MICROFINANCE LOANS DISBURSED TO PARTNERS 102675 WIRE TRANSFER FMV RUSSIA MICROFINANCE LOANS DISBURSED TO PARTNERS 2675 WIRE TRANSFER FMV SOUTH AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 52375 WIRE TRANSFER FMV RUSSIA MICROFINANCE LOANS DISBURSED TO PARTNERS 189500 WIRE TRANSFER FMV SUB SAHARAN AFRICA MICROFINANCE LOANS DISBURSED TO PARTNERS 20475 WIRE TRANSFER FMV SOUTH ASIA MICROFINANCE LOANS DISBURSED TO PARTNERS 100 WIRE TRANSFER FMV SUB SAHARAN AFRICA MICROFINANCE LOANS DISBURSED TO PARTNERS 25075 WIRE TRANSFER FMV SUB SAHARAN AFRICA MICROFINANCE LOANS DISBURSED TO PARTNERS 3225 WIRE TRANSFER FMV SUB SAHARAN AFRICA MICROFINANCE LOANS DISBURSED TO PARTNERS 1125 WIRE TRANSFER FMV SUB SAHARAN AFRICA MICROFINANCE LOANS DISBURSED TO PARTNERS 1475 WIRE TRANSFER FMV SUB SAHARAN AFRICA MICROFINANCE LOANS DISBURSED TO PARTNERS 3825 WIRE TRANSFER FMV SUB SAHARAN AFRICA MICROFINANCE LOANS DISBURSED TO PARTNERS 199325 WIRE TRANSFER FMV EAST ASIA MICROFINANCE LOANS DISBURSED TO PARTNERS 49550 WIRE TRANSFER FMV SOUTH AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 2050 WIRE TRANSFER FMV EAST ASIA MICROFINANCE LOANS DISBURSED TO PARTNERS 32450 WIRE TRANSFER FMV SOUTH AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 11500 WIRE TRANSFER FMV CENTRAL AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 741950 WIRE TRANSFER FMV SOUTH AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 3975 WIRE TRANSFER FMV CENTRAL AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 13525 WIRE TRANSFER FMV CENTRAL AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 23225 WIRE TRANSFER FMV SOUTH AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 15475 WIRE TRANSFER FMV CENTRAL AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 153650 WIRE TRANSFER FMV CENTRAL AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 20975 WIRE TRANSFER FMV SOUTH AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 84425 WIRE TRANSFER FMV SOUTH AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 38450 WIRE TRANSFER FMV SOUTH AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 117525 WIRE TRANSFER FMV SOUTH AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 28275 WIRE TRANSFER FMV CENTRAL AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 1050 WIRE TRANSFER FMV EAST ASIA MICROFINANCE LOANS DISBURSED TO PARTNERS 15100 WIRE TRANSFER FMV SUB SAHARAN AFRICA MICROFINANCE LOANS DISBURSED TO PARTNERS 41150 WIRE TRANSFER FMV SUB SAHARAN AFRICA MICROFINANCE LOANS DISBURSED TO PARTNERS 65450 WIRE TRANSFER FMV RUSSIA MICROFINANCE LOANS DISBURSED TO PARTNERS 86775 WIRE TRANSFER FMV MIDDLE EAST MICROFINANCE LOANS DISBURSED TO PARTNERS 80450 WIRE TRANSFER FMV RUSSIA MICROFINANCE LOANS DISBURSED TO PARTNERS 111100 WIRE TRANSFER FMV SOUTH AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 17825 WIRE TRANSFER FMV SOUTH AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 257875 WIRE TRANSFER FMV SUB SAHARAN AFRICA MICROFINANCE LOANS DISBURSED TO PARTNERS 215975 WIRE TRANSFER FMV EAST ASIA MICROFINANCE LOANS DISBURSED TO PARTNERS 64275 WIRE TRANSFER FMV SOUTH ASIA MICROFINANCE LOANS DISBURSED TO PARTNERS 34375 WIRE TRANSFER FMV SUB SAHARAN AFRICA MICROFINANCE LOANS DISBURSED TO PARTNERS 35025 WIRE TRANSFER FMV EAST ASIA MICROFINANCE LOANS DISBURSED TO PARTNERS 63825 WIRE TRANSFER FMV EAST ASIA MICROFINANCE LOANS DISBURSED TO PARTNERS 25 WIRE TRANSFER FMV CENTRAL AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 20050 WIRE TRANSFER FMV SUB SAHARAN AFRICA MICROFINANCE LOANS DISBURSED TO PARTNERS 15025 WIRE TRANSFER FMV SOUTH ASIA MICROFINANCE LOANS DISBURSED TO PARTNERS 233325 WIRE TRANSFER FMV MIDDLE EAST MICROFINANCE LOANS DISBURSED TO PARTNERS 46175 WIRE TRANSFER FMV EAST ASIA MICROFINANCE LOANS DISBURSED TO PARTNERS 236375 WIRE TRANSFER FMV SUB SAHARAN AFRICA MICROFINANCE LOANS DISBURSED TO PARTNERS 82450 WIRE TRANSFER FMV CENTRAL AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 135150 WIRE TRANSFER FMV CENTRAL AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 303625 WIRE TRANSFER FMV MIDDLE EAST MICROFINANCE LOANS DISBURSED TO PARTNERS 256625 WIRE TRANSFER FMV EAST ASIA MICROFINANCE LOANS DISBURSED TO PARTNERS 27700 WIRE TRANSFER FMV CENTRAL AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 11175 WIRE TRANSFER FMV SUB SAHARAN AFRICA MICROFINANCE LOANS DISBURSED TO PARTNERS 23550 WIRE TRANSFER FMV RUSSIA MICROFINANCE LOANS DISBURSED TO PARTNERS 77450 WIRE TRANSFER FMV SUB SAHARAN AFRICA MICROFINANCE LOANS DISBURSED TO PARTNERS 16150 WIRE TRANSFER FMV EAST ASIA MICROFINANCE LOANS DISBURSED TO PARTNERS 162825 WIRE TRANSFER FMV EAST ASIA MICROFINANCE LOANS DISBURSED TO PARTNERS 129075 WIRE TRANSFER FMV SUB SAHARAN AFRICA MICROFINANCE LOANS DISBURSED TO PARTNERS 6325 WIRE TRANSFER FMV SUB SAHARAN AFRICA MICROFINANCE LOANS DISBURSED TO PARTNERS 54850 WIRE TRANSFER FMV SUB SAHARAN AFRICA MICROFINANCE LOANS DISBURSED TO PARTNERS 178950 WIRE TRANSFER FMV SOUTH AMERICA MICROFINANCE LOANS DISBURSED TO PARTNERS 117650 WIRE TRANSFER FMV SUB SAHARAN AFRICA MICROFINANCE LOANS DISBURSED TO PARTNERS 59400 WIRE TRANSFER FMV MIDDLE EAST MICROFINANCE LOANS DISBURSED TO PARTNERS 49975 WIRE TRANSFER FMV 0 66 0 0 0 0 0 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART I, LINE 2 SEE SCHEDULE O FOR EXPLANATION. X X X 1 0 0 0 0 0 0 0 0 NEVILLE CRAWLEY CHIEF EXECUTIVE OFFICER 422966 0 200000 0 0 0 2500 0 15641 0 641107 0 0 0 PAMELA YANCHIK CONNEALY CFO, COO, AND CHRO 470046 0 20000 0 30000 0 2500 0 30402 0 552948 0 0 0 KENNETH LEUNG EXECUTIVE VP, ENGINEERING 289323 0 25000 0 0 0 2500 0 29862 0 346685 0 0 0 AUSTIN CHOI GENERAL COUNSEL 238381 0 10000 0 0 0 2500 0 24747 0 275628 0 0 0 AARON GOLDSMID CHIEF PRODUCT OFFICER 240280 0 0 0 0 0 0 0 741 0 241021 0 0 0 MATTHEW DAVIE CHIEF STRATEGY OFFICER 209412 0 0 0 0 0 2500 0 18780 0 230692 0 0 0 CHAD STERBENZ CHIEF INVESTMENT OFFICER 182828 0 25000 0 0 0 2500 0 20263 0 230591 0 0 0 SARAH MARCHAL MURRAY CHIEF OFFICER, STRATEGIC PARTNERSHIP 161287 0 0 0 0 0 0 0 12510 0 173797 0 0 0 PREMAL SHAH SENIOR CONSULTANT 254233 0 0 0 0 0 2500 0 17468 0 274201 0 0 0 WILLIAM JACOBSEN SENIOR DIRECTOR, STRATEGIC INVESTMEN 146464 0 1480 0 0 0 2500 0 25595 0 176039 0 0 0 ERIC JENSEN PRINCIPAL SOFTWARE ENGINEE 149898 0 15741 0 0 0 2500 0 7727 0 175866 0 0 0 ALAN KRASSOWSKI VP OF TECHNOLOGY, BLOCKCHAIN 138627 0 20000 0 0 0 2500 0 12016 0 173143 0 0 0 CHELSA BOCCI VP, EMPLOYEE ENGAGEMENT 150300 0 10000 0 0 0 2500 0 8345 0 171145 0 0 0 PART I, LINE 4A PAM YANCHIK CONNEALY - $175,000 MATTHEW DAVIE (TAVITI INC) CURRENT CHIEF STRATEGY OFFICER 112009 PROTOCOL CONSULTING AND RECRUITING SERVICES 0 JULIE HANNA FARRIS DIRECTOR 100385 CONSULTING SERVICES 0 FORM 990, PART III, LINE 2 KIVA CAPITAL MANAGEMENT WAS INITIATED TO MANAGE IMPACT INVESTMENT FUNDS, WITH THE FIRST FUND DESIGNED TOWARDS SUPPORT OF REFUGEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED BY THE AUDIT COMMITTEE AND BOARD BEFORE IT IS FILED. ANY CONCERNS OR QUESTIONS WILL BE ADDRESSED AT THAT TIME. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO SIGN A STATEMENT AND THERE IS A FORMAL REQUEST TO DISCLOSE ANY CONFLICTS OF INTEREST ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE REVIEWS COMPENSATION ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS AND POLICIES ARE MADE AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9: AMORTIZATION OF DONATED SERVICES -88,433. ADDITIONAL REALIZED GAINS WHEN USING TAX BASIS OF DONATED INVESTMENTS -11,745. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. FORM 990, SCHEDULE F, PARTS I AND II PLEASE NOTE: KIVA DOES NOT MAKE GRANTS TO ORGANIZATIONS. RATHER, THE INFORMATION PROVIDED ON SCHEDULE F PARTS I AND II REFLECT THE VALUE OF MICROLOANS EXTENDED VIA KIVA'S DAF, KIVA'S MICROFINANCE PARTNER ORGANIZATIONS, AND DIRECT LOANS TO BORROWERS, TO SUPPORT THEIR MICROLOAN CLIENTS. IN ORDER TO ELECTRONICALLY FILE THE FORM 990, PART IV LINE 15 WAS REQUIRED TO BE CHECKED "YES". FORM 990, PART VII PREMAL SHAH STEPPED DOWN AS PRESIDENT AND BOARD MEMBER ON JANUARY 10, 2019. HE WAS AN EMPLOYEE THROUGHOUT THE ENTIRE YEAR. FORM 990, SCHEDULE R, PART I (B) FINANCIAL INCLUSION VIA DIGITAL IDENTITY CREATION AND RELATED CREDIT HISTORY BUILDING IN DEVELOPING COUNTRIES. KIVA USER FUNDS LLC 986 MISSION ST STE 400 SAN FRANCISCO CA 94103 261778383 FBO ACCOUNT HOLDER CA KIVA MICROFUNDS KIVA-DAF LLC 986 MISSION ST STE 400 SAN FRANCISCO CA 94103 463976029 DONOR ADVISED FUND ACCOUNT DE 300356 6581337 KIVA MICROFUNDS KIVA IMPACT FUNDS LLC 986 MISSION ST STE 400 SAN FRANCISCO CA 94103 813992333 INSTITUTIONAL INVESTMENT FUND DE 0 0 KIVA MICROFUNDS KIVA PROTOCOL LLC 986 MISSION ST STE 400 SAN FRANCISCO CA 94103 832560412 BLOCKCHAIN-BASED DIGITAL ID TECHNOLOGY DE 0 2651670 KIVA MICROFUNDS KIVA CAPITAL MANAGEMENT LLC 986 MISSION ST STE 400 SAN FRANCISCO CA 94103 842909332 IMPACT INVESTMENT FUND MANAGER DE 0 0 KIVA MICROFUNDS KIVA REFUGEE INVESTMENT FUND LLC 986 MISSION ST STE 400 SAN FRANCISCO CA 94103 842915844 PROPOSED INVESTMENT FUND FOR KIVA CAPITAL MANAGEMENT, LLC DE 0 0 KIVA MICROFUNDS