2025-11-15T00:39:59-06:00 2024-12-31 ERNST & YOUNG US LLP ONE MANHATTAN WEST NEW YORK NY 100018604 990PF 2024-01-01 367434011 The Kapnick Foundation U/A/S 8/15/04 % ERNST & YOUNG US LLP KAPN 2127733000 PO Box 73 Bowling Green Station New York NY 102740073 SCOTT B KAPNICK TRUSTEE 2123960333 2025-11-13 true true Christine W Diionna P00999533 2127733000 2025-11-06 2024 2025-03-06 01:10:19Z X 75774391 X 16173621 766298 766298 95207 95207 18827474 21942294 18815872 1561576 1509581 37424176 21186958 0 21031 0 0 21031 39000 19500 0 19500 93829 3439 566 157299 19500 0 41097 8443384 8443384 8600683 19500 0 8484481 28823493 21167458 0 525898 525898 525898 4003312 20038578 20038578 246317 31266 674919 44554206 40058987 52534996 0 2000000 2000000 49329733 62654729 75774391 0 0 X 49329733 62654729 49329733 62654729 49329733 62654729 49329733 28823493 78153226 15498497 62654729 PUBLICLY TRADED SECURITIES 20847774 931519 19916255 19916255 CAPITAL LOSS - THE EQUITY ALLIANCE FUND I, LP P 10707 -10707 -10707 CAPITAL GAINS - HPS OFFSHORE MEZZ PRTNS 2019 LP P 250940 250940 250940 CAPITAL GAINS - RE CREDIT SOLUTION OFF P 22150 22150 22150 CAPITAL LOSS - CRESTVIEW PRTNS III (DE) LP P 92701 -92701 -92701 CAPITAL LOSS - CRESTVIEW PRTNS IV (DE) LP P 150896 -150896 -150896 CAPITAL GAINS - HPS OCOEE LOAN FUND LP P 374 374 374 CAPITAL GAINS - HPS OFF INVSTMNT PARTNERS V LP P 111 111 111 CAPITAL GAINS - HPS SPEC OPPO OFF FUND II P 21561 21561 21561 CAPITAL GAINS - WSSS OFF FUND I LP P 17321 17321 17321 CAPITAL GAINS - GS PETERSHILL II OFF LP P 64186 64186 64186 CAPITAL GAINS - GS VINTAGE VII AIV OFF P 3459 3459 3459 CAPITAL LOSS - CRESTVIEW PARTNERS II LP P 9761 -9761 -9761 CAPITAL LOSS - THE EQUITY ALLIANCE LLC P 2676 -2676 -2676 CAPITAL GAINS - KKR ASIAN FUND III P 154763 154763 154763 CAPITAL GAINS - STARWOOD SOF XI PRIVATE INVESTORS P 18505 18505 18505 LOSS FROM DISPOSAL OF IRISH SPE LOAN III P 62612 1928162 -1865550 -1865550 CAPITAL GAINS - OFFSHORE MEZZ PARTNERS III INS LP P 321210 321210 321210 CAPITAL GAINS - GS VINTAGE FUND VII P 49882 49882 49882 CAPITAL GAINS - GS VINTAGE V OFFSHORE P 36346 36346 36346 CAPITAL GAINS - GS VINTAGE VIII OFFSHORE P 71100 71100 71100 18815872 294228 294228 294228 61054 0 400000 461054 X 46 166780 166780 false false false false false true true false true true IL true false false false false true NONE ERNST & YOUNG US LLP 2127733000 ONE MANHATTAN WEST NEW YORK NY 100018604 false false false false false false false false false false false false false false false false false false false false false KATHLEEN G KAPNICK PO BOX 73 BOWLING GREEN STATION NEW YORK NY 102740073 TRUSTEE 1.0 0 0 0 SCOTT B KAPNICK PO BOX 73 BOWLING GREEN STATION NEW YORK NY 102740073 TREASURER 1.0 0 0 0 NONE NONE NONE 913547 16737634 52684182 70335363 0 70335363 1055030 69280333 3464017 3464017 294228 7312 301540 3162477 3162477 3162477 8484481 0 0 0 0 8484481 3162477 0 2022 2021 2020 0 5069000 3346659 4200249 3181674 4206574 20004156 8484481 0 3162477 5322004 25326160 0 0 0 0 5069000 20257160 3346659 4200249 3181674 4206574 5322004 SCOTT B KAPNICK NONE X SEE STATEMENT ATTACHED SEE STATEMENT ATTACHED NEW YORK NY 10274 NONE PC GENERAL PURPOSE 8443384 8443384 14 766298 14 95207 901101 11602 18 18815872 PASSTHROUGH INCOME 01 440634 PARTNERSHIP INCOME 01 1044006 PARTNERSHIP INCOME - UBTI 901101 51995 PFIC - DIVIDEND DISTRIBUTION 01 24941 63597 21186958 21250555 false false false false false false false false false false X X 1 SCOTT B KAPNICK PO BOX 73 NEW YORK NY 102740073 16173621 X X 1 862,340 Shs of NU Holdings Ltd 7976645 2024-02-05 1 86,434 Shs of Robinhood Market, Inc. 1622366 2024-04-08 1 114,144 Shs of NU Holdings Ltd 1317165 2024-04-11 1 125,008 Shs of Robinhood Market, Inc. 4438097 2024-11-22 1 6,320 Shs of Victory Capital Holdings 420090 2024-12-09 1 515 Shs of Coinbase Global Inc - Cls A 123180 2024-03-07 1 537 Shs of Coinbase Global Inc Cls A 141126 2024-03-11 1 4,052 Shs of Victory Capital Holdings 134952 2024-01-05 ACCOUNTING FEES 39000 19500 19500 NONE NU HOLDINGS LTD 0 0 VICTORY CAPITAL HOLDINGS INC 25090 413707 COINBASE GLOBAL INC -CLASS A 6176 261212 GS VINTAGE FUND V, LP 1100940 78885 GS VINTAGE FUND VIII OFFSHORE 966811 1830627 CRESTVIEW PARTNERS II LP 247677 1825164 CRESTVIEW PTRS III (TE) LP 553076 638695 SOROBAN OPP CAYMAN FUND III 7331975 12122124 HB IRISH SPECIALTY LOAN FD III 0 0 GS VINTAGE FUND VII OFF HLDGS 792846 1138830 THE KINGSWAY FUND FRONTIER 1467667 1921895 PETERSHILL II OFFSHORE LP . 1345449 1708589 PROVIDENCE DEBT FUND III 61941 139487 WATFORD HOLDINGS FED FUNDS 43671 635599 CREDIT VALUE OFFSHORE FD 2016 756137 0 AQUAHYDRATE 640000 640000 OFFSHORE MEZZANINE PARTN III 4232104 5127740 SPECIALTY LOAN INSTITUTIONAL - FUND 2016-L, LP 597308 507248 HPS LOAN MANAGEMENT 9-2016,LTD 320331 266664 VINTAGE VII AIV OFFSHORE SCSP 78640 103217 CRESTVIEW PARTNERS III (DE) LP 32982 0 REAL ESTATE CREDIT SOLUTIONS - OFFSHORE FUND II 74907 25660 STRATA CLO I LTD 125547 223364 KKR ASIAN FD III PVT IN O/S LP 710267 1173971 STARWOOD SOF XI PVT IN O/S LP 720577 901733 SVSS IV PVT IN O/S LP 168971 637532 SVSS V PVT IN O/S LP 778347 1026117 ARES PCS II PRIVATE INVESTORS 614010 635781 MILLENNIUM PVT INVST OFFSHORE 1228352 1425356 CREDIT VALUE OFFSHORE FUND V 4117 0 OPPORT OFFSHORE FUND II, LP 346462 51901 HPS OFF MEZZNE PTNRS 2019, LP 4161210 5440296 WEST STREET STRAGIC SOLUTIONS OFFSHORE FUND I LP 1259976 1446699 HPS OCOEE SPEC LOAN FUND 390952 384459 CRESTVIEW PARTNERS IV(TE) L.P 1340505 1845129 THE EQUITY ALLIANCE FUND I, LP 419904 815885 THE EQUITY ALLIANCE, LLC 344996 344996 GS ACCT 1572 (EURO) 372 361 CRESTVIEW PARTNERS IV (DE) LP 52530 0 HPS SPECIAL SITUATIONS OPP OFF 2775738 3031000 HPS OFFSHORE STRATEGIC INT PTR 2871957 3348881 THE EQUITY ALLIANCE FUND II LP 257907 228309 HPS SPEC LOAN FUND VI-L LP 841828 862802 LEGAL FEES 21031 21031 PROMISSORY NOTE 0 2000000 2000000 APPRECIATION OVER DONOR'S COST BASIS FOR 0 STOCK DONATED TO THE FOUNDATION 15498330 OTHER DECREASES FROM PARTNERSHIP 167 IL FILING FEE 566 566 NON DEDUCTIBLE EXPENSES 2873 PASSTHROUGH INCOME 440634 440634 PARTNERSHIP INCOME 1044006 1044006 PARTNERSHIP INCOME - UBTI 51995 PFIC - DIVIDEND DISTRIBUTION 24941 24941 EXCISE TAXES PAID 80000 STATE TAXES PAID 13829