2016-08-11T12:29:14-05:00 2015-12-31 030274514 HERRICK LTD CPAS 72 MAIN STREET BURLINGTON VT 054018419 990 2015-01-01 030368814 UNDERDOG FOUNDATION UNDE 8027239909 PO BOX 443 ISLAND POND VT 05846 DAVID BERGE PRESIDENT 8027239909 2016-08-10 1 CLAUDE R SCHWESIG CPA P01260750 8028644514 2016-08-10 2015 2016-12-15 16:53:06Z DAVID BERGE 23 ROUTE 105 EAST BRIGHTON ROAD ISLAND POND VT 05846 23341 0 X WWW.UNDERDOGVENTURES/FOUNDATION X 2001 VT COMMUNITY INVESTMENT, COMMUNITY DEVELOPMENT, GRANTMAKING AND IMPACT INVESTING. 4 3 2 4 0 0 1084739 25000 0 0 -1432907 12059 463889 -13718 115721 23341 82750 70000 0 0 165550 143750 0 0 0 59430 39441 307730 253191 -192009 -229850 3814954 3613341 39 28276 3814915 3585065 PHILANTHROPY, COMMUNITY INVESTING AND TECHNICAL ASSISTANCE THAT SUPPORT EDUCATION AND SOCIALLY RESPONSIVE CAUSES. 0 0 213818 70000 THE UNDERDOG FOUNDATION'S PROGRAM IN 2015 WAS TO PROVIDE TECHNICAL ASSISTANCE, GRANTS, MENTORING AND COMMUNITY INVESTMENTS IN ORDER TO FURTHER OUR CHARITABLE MISSION, ALL OF WHICH IS CONSISTENT WITH THAT OF OUR SUPPORTED ORGANIZATION. THIS COMMUNITY DEVELOPMENT, JOB CREATION, STRATEGIC PARTNERSHIP AND IMPACT/COMMUNITY INVESTMENT WORK WAS THE PROGRAM FOR 2015. 213818 1 1 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 0 0 X DAVID BERGE 8027239909 PO BOX 443 ISLAND POND VT 05846 DAVID BERGE PRESIDENT 32.00 X X 100000 0 0 ALISA GRAVITZ TRUSTEE, CHAIR 0.50 X X 0 0 0 DRUMMOND PIKE TRUSTEE 0.50 X 0 0 0 JOEL SOLOMON TRUSTEE, TREASURER 0.50 X X 0 0 0 100000 0 0 0 0 0 0 0 25000 25000 25000 12059 12059 PASSTHROUGH INCOME UVL 900099 -13718 -13718 -13718 23341 -13718 0 12059 70000 70000 100000 83300 16700 15420 9252 6168 19041 15861 3180 9289 7738 1551 9442 4843 4599 625 321 304 2253 1834 419 2867 2867 7264 4358 2906 16055 16055 427 256 171 508 508 253191 213818 39373 0 1222915 1218913 200000 41500 2987 1281 2133 1706 2329906 2341204 60000 10018 3814954 3613341 39 28276 39 28276 X 3814915 3585065 3814915 3585065 3814954 3613341 -229850 0 X 1 X 0 0 0 X X X 1 TIDES FOUNDATION 510198509 7 1 6500 0 1 6500 0 1 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 1 X 1 1 PART IV LINE 9B DAVID BERGE SERVED AS THE MANAGING MEMBER OF UNDERDOG VENTURES, LLC, AND UNDERDOG FOUNDATION HAS AN INTEREST IN THAT LLC. PART IV LINE 9C DAVID BERGE, THE MANAGING MEMBER OF UNDERDOG VENTURES, LLC RECEIVED A PAYMENT OF A $150,000 ACCOUNT PAYABLE FROM UNDERDOG VENTURES, LLC. UNDERDOG FOUNDATION HAS AN OWNERSHIP INTEREST (THROUGH CONTRIBUTED SECURITIES) IN UNDERDOG VENTURES, LLC. PART IV, SECTION D LINE 3 A TIDES FOUNDATION APPOINTED BOARD MEMBER PARTICIPATED AS AN ACTIVE BOARD MEMBER IN DISCUSSING THE FINANCIALS, AND PARTICIPATING IN FINANCIAL AND INVESTMENT DECISIONS. THE MANAGER ALSO HAD A DISCUSSION WITH THE CEO OF THE TIDES FOUNDATION IN PERSON TO REVIEW AND DISCUSS INVESTMENT AND GRANTMAKING STRATEGY, AS WELL AS TO PROVIDE WRITTEN UPDATES. PART IV, SECTION E, LINE 2A SUBSTANTIALLY ALL THE ACTIVITIES OF THE UNDERDOG FOUNDATION FURTHER EXEMPT PURPOSES OF THE TIDES FOUNDATION. IN OUR COMMUNITY INVESTMENT AND COMMUNITY DEVELOPMENT WORK, OUR TECHNICAL ASSISTANCE TO NON-PROFITS AND SOCIAL ENTREPRENEURS, OUR WORK WITH UNDERSERVED ENTREPRENEURS AND COMMUNITIES, OUR ACTIVITIES SUPPORT THE WORK OF THE TIDES FOUNDATION. PART IV, SECTION E, LINE 2B BUT NOT FOR THE GRANTMAKING, TECHNICAL ASSISTANCE AND COMMUNITY INVESTMENTS OF THE UNDERDOG FOUNDATION, THE TIDES FOUNDATION WOULD HAVE TO INCREASE THE WORK THAT IT DOES OR TO DECREASE CHARITABLE IMPACT. THE UNDERDOG FOUNDATION HAS WORKED WITH ENTREPRENEURS THROUGH OUR COMMUNITY INVESTING WHO HAVE SUPPORTED PROGRAMS AT AND GRANTS TO THE TIDES FOUNDATION. PART IV, SECTION A, LINE 6 THE ORGANIZATION PROVIDED SUPPORT, IN THE FORM OF A GRANTS, TO: EQUIPING LYDIA, SOCIAL VENTURE NETWORK, UNITED FOR A FAIR ECONOMY, AIM/HATCHFUND, AND TOGETHERWARE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9 25000 70000 1870104 1 1 2987 1281 1706 1706 UNDERDOG VENTURES LLC 2053704 F RSF SOCIAL INVESTMENT FUND 125000 C MAESTRO CONFERENCE I 162500 F 2341204 ADDITIONAL INFORMATION HOLDINGS IN UNDERDOG VENTURES, LLC, RSF SOCIAL INVESTMENT FUND, AND MAESTRO CONFERENCE ARE RELATED TO THE CHARITABLE MISSION AND ARE NOT UBTI TRANSACTIONS. 1 UNITED FOR A FAIR ECONOMY 62 SUMMER STREET BOSTON MA 02110 043286118 501(C)3 9000 PROGRAM SUPPORT TOGETHERWARE 51 GOODS ROAD CONESTOGA PA 17516 464077537 501(C)3 50000 PROGRAM SUPPORT 2 PART I, LINE 2: THE ORGANIZATION RECEIVES ACCOUNTINGS, OUTCOME REPORTS IN ORDER TO MONITOR WHETHER THE FUNDS ARE SPENT ON THE INTENDED PURPOSE. FORM 990, PART VI, SECTION A, LINE 7A THE TIDES FOUNDATION (THE SUPPORTED ORG) HAS THE RIGHT TO APPOINT ONE BOARD SEAT. DRUMMOND PIKE WAS THEIR APPOINTEE IN 2015. DAVID BERGE HAS THE RIGHT TO ONE BOARD SEAT. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 THE PRESIDENT AND THE ACCOUNTING FIRM REVIEWS THE FORM 990 PRIOR TO FILING. THE BOARD DISCUSSES TAX AND FINANCIAL ISSUES DURING BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CONTINUALLY MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY, AND THE BOARD IS CONSCIENTIOUS ABOUT CONFLICT ISSUES. FORM 990, PART VI, SECTION B, LINE 15A BOARD REVIEWED COMPENSATION ARRANGEMENT, PER THE MARKET FOR COMPENSATION, AND LEGAL COUNSEL WAS ALSO SOUGHT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES AVAILABLE TO THE PUBLIC, UPON REQUEST, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS. TIDES FOUNDATION 1014 TORNEY AVE SAN FRANCISCO CA 94129 510198509 PHILANTHROPY AND SOCIAL CHANGE CA 501 (C) 3 LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0