BETA

KAMATH FAMILY FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
KAMATH FAMILY FOUNDATION (EIN 83-2414428)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202543219349109119
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-17T21:45:03-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13333 New Hyde Park Rd Ste 406AddressLine1Txt
CityNew Hyde ParkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN832414428EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Kamath Family FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlKAMABusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonREKHA PAI KAMATHPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8008391754PhoneNum
Signature2025-11-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$8,136,913FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,004,214ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$70,623InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$70,623InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$88,048DividendsRevAndExpnssAmt
Dividends Net Invst Incm$88,048DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$614,808NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,349,187GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$870,388CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$14,033OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$13,574OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$12,589OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$1,791,726TotalRevAndExpnssAmt
Total Net Invst Incm$1,042,633TotalNetInvstIncmAmt
Total Adj Net Incm$12,589TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Taxes Rev And Expnss$11,500TaxesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$5,515TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$5,515TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$26,377OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$12,893OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$6,716OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$13,484OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$43,392TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$12,893TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$6,716TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$18,999TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$207,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$207,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$250,892TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$12,893TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$6,716TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$226,499TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,540,834ExcessRevenueOverExpensesAmt
Net Investment Income$1,029,740NetInvestmentIncomeAmt
Adjusted Net Income$5,873AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$1,171,048SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,560,541SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,560,541SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$3,197,574CorporateStockBOYAmt
Corporate Stock EOY$4,089,412CorporateStockEOYAmt
Corporate Stock EOYFMV$6,007,811CorporateStockEOYFMVAmt
Other Investments BOY$147,985OtherInvestmentsBOYAmt
Other Investments EOY$417,611OtherInvestmentsEOYAmt
Other Investments EOYFMV$492,248OtherInvestmentsEOYFMVAmt
Other Assets BOY$87,636OtherAssetsBOYAmt
Other Assets EOY$77,513OtherAssetsEOYAmt
Other Assets EOYFMV$76,313OtherAssetsEOYFMVAmt
Total Assets BOY$4,604,243TotalAssetsBOYAmt
Total Assets EOY$6,145,077TotalAssetsEOYAmt
Total Assets EOYFMV$8,136,913TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$4,604,243RetainedEarningBOYAmt
Retained Earning EOY$6,145,077RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$4,604,243TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$6,145,077TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,604,243TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$6,145,077TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,604,243TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,540,834ExcessRevenueOverExpensesAmt
Subtotal$6,145,077SubtotalAmt
Tot Net Ast Or Fund Balances EOY$6,145,077TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$1,349,187GrossSalesPriceAmt
Cost Or Other Basis$478,799CostOrOtherBasisAmt
Gain Or Loss$870,388GainOrLossAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$870,388CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$14,313InvestmentIncomeExciseTaxAmt
Subtotal$14,313SubtotalAmt
Tax Based On Investment Income$14,313TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$11,672EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$3,200ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$14,872TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$4EsPenaltyAmt
Overpayment$555OverpaymentAmt
Applied To ES Tax$555AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (true)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Anil Kamath
Foundation Source 501 Silverside RdWilmingtonDE198091377Treas1.0$0$0$0
Rekha Pai Kamath
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, Pres, Sec15.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1UNITUS VENTURES OPPORTUNITY FUND I, LP - TO HELP ALLEVIATE POVERTY AND COMMUNITY DETERIORATION IN UNDERDEVELOPED AND DEVELOPLING ECONOMIESDescription1Txt
Expenses1$1,200Expenses1Amt
Total$1,200TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$4,638,170AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,458,970AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$428,848FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$6,525,988TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$6,525,988AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$97,890CashDeemedCharitableAmt
Net Vl Noncharitable Assets$6,428,098NetVlNoncharitableAssetsAmt
Minimum Investment Return$321,405MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$321,405MinimumInvestmentReturnAmt
Tax Based On Investment Income$14,313TaxBasedOnInvestmentIncomeAmt
Total Tax$14,313TotalTaxAmt
Distributable Before Adj$307,092DistributableBeforeAdjAmt
Recoveries Qualfied Distri$17,196RecoveriesQualfiedDistriAmt
Distributable Before Ded$324,288DistributableBeforeDedAmt
Distributable As Adjusted$324,288DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$226,499ExpensesAndContributionsAmt
Program Related Invst Total$1,200ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$227,699QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$324,288DistributableAsAdjustedAmt
Undistributed Income PY$222,361UndistributedIncomePYAmt
Qualifying Distributions$227,699QualifyingDistributionsAmt
Applied To Year1$222,361AppliedToYear1Amt
Applied To Current Year$5,338AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Total Corpus$0TotalCorpusAmt
Undistributed Income CY$318,950UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt
Excess From Current Year$0ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerAnil KamathContributingManagerNm
Contributing ManagerRekha Pai KamathContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
FFWD
1002A OREILLY AVESAN FRANCISCOCA94129N/APCFunds for Adalat.AI$10,000
FFWD
1002A OREILLY AVESAN FRANCISCOCA94129N/APCGeneral & Unrestricted$35,000
FOOTHILL-DE ANZA COMMUNITY COLLEGES FOUNDATION
12345 S EL MONTE RDLOS ALTOS HLSCA94022N/APCFootball program at Foothill College$1,000
FUTURE BUILDERS FOUNDATION
3328 BAYLIS STFREMONTCA94538N/APCGeneral & Unrestricted$1,000
INTELEHEALTH INC
1014 W 36TH ST UNIT 93 BALTIMORE MABALTIMOREMD21211N/APCGeneral & Unrestricted$10,000
LUCILE PACKARD FOUNDATION FOR CHILDRENS HEALTH
400 HAMILTON AVE SUITE 340PALO ALTOCA94301N/APCDr. Chao Gun Safety Program$5,000
NEYTHRI INC
1130 FOREST AVEPALO ALTOCA94301N/APCGeneral & Unrestricted$1,000
REALIZE IMPACT
271 WINSLOW WAY E 10234BAINBRIDGE ISLANDWA98110N/APCGeneral & Unrestricted$76,000
REALIZE IMPACT
271 WINSLOW WAY E 10234BAINBRIDGE ISLANDWA98110N/APCPHIG$50,000
SILICON VALLEY SOCIAL VENTURE FUND
350 TWIN DOLPHIN DR STE 103REDWOOD CITYCA94065N/APCGeneral & Unrestricted$10,000
TONIIC INSTITUTE
PO BOX 6866BENDOR97708N/APCGeneral & Unrestricted$8,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$207,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$70,623ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$88,048ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$614,808ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescK-1 Inc/LossDesc
Exclusion14ExclusionCd
Exclusion$1,444ExclusionAmt
Related Or Exempt Function Incm$12,589RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$774,923ExclusionAmt
Related Or Exempt Function Incm$12,589RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$787,512TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number11LineNumberTxt
Relationship StatementINCOME FROM PRI SIGNIFICANTLY CONTRIBUTED TO THE EXEMPT PURPOSE OF HELPING ALLEVIATE POVERTY AND COMMUNITY DETERIORATION IN UNDERDEVELOPED AND DEVELOPING ECONOMIES.RelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonKamath AnilContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line113210 La Cresta DriveAddressLine1Txt
CityLos Altos HillsCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94022ZIPCd
FieldValueIRS element (for citing)
Total Contributions$1,004,214TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash PropertyADOBE SYSTEMS, INC ADBE, 2239 sh.NoncashPropertyDesc
Fair Market Value$1,004,214FairMarketValueAmt
Received2024-12-26ReceivedDt

Depreciation Schedule DepreciationSchedule

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Unitus Ventures Opportunity Fund I LPBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11200 Westlake Ave N Suite 510AddressLine1Txt
CitySeattleCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98109ZIPCd
FieldValueIRS element (for citing)
Grant2023-10-17GrantDt
Grant$91,200GrantAmt
Purpose Of GrantPRI INVEST-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSIONPurposeOfGrantTxt
Any Diversion By GranteeNOAnyDiversionByGranteeTxt
Dates Of Reports By GranteeSEE GENERAL EXPLANATION ATTACHMENTDatesOfReportsByGranteeTxt
Results Of VerificationNONE NECESSARYResultsOfVerificationTxt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
IdentifierFORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITYIdentifierTxt
Form And Line ReferenceFORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITYFormAndLineReferenceDesc
Medium ExplanationPRI RECIPIENT: UNITUS VENTURES OPPORTUNITY FUND I, LP TOTAL PRI AMOUNT SHOWN REPORTED ON FORM 990-PF, PART VI-B, LINE 5D-EXPENDITURE RESPONSIBILITY STATEMENT: $91,200 THE TOTAL PRI AMOUNT REPRESENTS THE AGGREGATE OF SEVERAL TRANSACTIONS, LISTED BELOW, MADE UNDER A SINGLE PRI INSTRUMENT. THE TOTAL AMOUNT DIBSURSED IN CONNECTION WITH THIS PRI IS $91,200 OF WHICH $17,196 WAS RECOVERED DURING 2024. DATES AND AMOUNTS OF PRI: 10/17/2023 - $90,000 03/20/2024 - $1,200 PURPOSE OF PRI: TO HELP ALLEVIATE POVERTY AND COMMUNITY DETERIORATION BY INVESTING IN START UP COMPANIES IN UNDERDEVELOPED COMMUNITIES. REPORTS OF AMOUNTS EXPENDED: RECIPIENT SUBMITTED A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT FOR ITS FISCAL YEARS INDICATED BELOW: DATE OF REPORT: 05/31/2024 FOR FYE 12/31/2023 DATE OF REPORT: 06/03/2025 FOR FYE 12/31/2024 THIS INVESTMENT REMAINED ON THE FOUNDATION'S BOOKS AS OF 12/31/2024. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE.MediumExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (23 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ADOBE SYSTEMS, INC$1,004,214$995,639
AIRBNB$36,348$26,282
ALPHABET INC CL C$29,875$76,176
AMAZON COM$21,206$43,878
APPLE INC$42,967$125,210
ARES STRATEGIC INCOME FND CL I$250,000$251,734
CARLYLE TACTICAL PRIVATE CREDI$250,000$248,518
CHEVRON CORP$6,681$14,484
COSTCO WHOLESALE CORPORATION$37,549$91,627
GOLDMAN SACHS BDC INC$23,003$20,703
INVESCO QQQ TRUST$530,425$741,284
META PLATFORMS INC$80,101$175,653
MICROSOFT CORP$18,644$42,150
MORGAN STANLEY INSTL. MID CAP$10,000$5,824
NETFLIX INC$35,560$89,132
PALO ALTO NETWORKS INC$22,809$109,176
PAYPAL HOLDINGS, INC$36,087$17,070
PROSHARES ULTRAPRO QQQ$1,230,509$2,373,900
SPDR S&P 500 ETF TRUST$173,525$234,432
TECHNOLOGY SPDR$21,246$46,504
UBER$19,418$30,160
VANGUARD DIVIDEND APPRECIATION$170,805$195,830
VANGUARD ESG US STOCK ETF$38,440$52,445

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (3 entries)

Category Or ItemCategoryOrItemTxtBook ValueBookValueAmtEOYFMVEOYFMVAmt
BCVFUND$76,715$79,516
BLACKSTONE PRIVATE CREDIT FUND$250,000$249,510
CAPRIA OPPORTUNITIES, LP - BET$90,896$163,222

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescPRI - UNITUS VENTURES OPP FUNDDesc
EOY Book Value$77,513EOYBookValueAmt
EOYFMV$76,313EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
Administrative Fees$13,459$13,459
K-1 Exp BCVFUND$5,619$5,619
K-1 Exp CAPRIA OPPORTUNITIES,$558$558
K-1 Exp PRI - UNITUS VENTURES$6,716$6,716$6,716
State or Local Filing Fees$25$25

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
K-1 Inc/Loss BCVFUND$1,444$1,444
K-1 Inc/Loss PRI - UNITUS VENTURES OPP FUND I, LP$12,589$12,130$12,589

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Category990-PF Estimated Tax for 2024CategoryTxt
Amt$11,500Amt

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