2012-10-15T16:18:38-05:00 2011-11-30 STONE CARLIE AND COMPANY LLC 101 S HANLEY ROAD SUITE 800 ST LOUIS MO 63105 990 2010-12-01 363918630 THE MARVIN M SCHWAN CHARITABLE FOUNDATION MARV 3147392116 514 EARTH CITY EXPRESSWAY NO 233 EARTH CITY MO 63045 REV KEITH BOHEIM 3147392116 2012-10-15 1 MARIE CARLIE CPA 3148891100 2010 2016-02-24 21:20:13Z REV KEITH BOHEIM 514 EARTH CITY EXPRESSWAY NO 233 EARTH CITY MO 63045 139682699 0 X N/A X 1992 SD TO PROVIDE FINANCIAL SUPPORT TO SPECIFIC RELIGIOUS ORGANIZATIONS AS SPECIFIED(CON'T ON SCHEDULE O) BY THE TRUST'S GOVERNING DOCUMENTS. 3 0 4 1 2480434 607113 0 0 0 0 14857315 32948184 59963 0 14917278 32948184 14956377 18126772 0 0 1025961 985829 0 0 0 6539262 10425980 22521600 29538581 -7604322 3409603 728041431 749550534 26140500 44240000 701900931 705310534 TO PROVIDE FINANCIAL SUPPORT TO SPECIFIC RELIGIOUS ORGANIZATIONS AS SPECIFIED BY THE MARVIN M. SCHWAN CHARITABLE FOUNDATION'S TRUST GOVERNING DOCUMENTS. 0 0 20480346 18126772 TO PROVIDE FINANCIAL SUPPORT TO SPECIFIC RELIGIOUS ORGANIZATIONS AS SPECIFIED BY THE MARVIN M. SCHWAN CHARITABLE FOUNDATION'S TRUST GOVERNING DOCUMENTS. 20480346 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 1 X 11 0 1 4 1 1 1 1 CJ BF CA EI PM CS 0 0 0 0 0 0 0 1 0 X 3 0 1 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 1 1 1 1 X REV KEITH BOHEIM 3147392116 514 EARTH CITY EXPRESSWAY STE 233 EARTH CITY MO 63045 X REV KEITH BOHEIM 40.00 X X 374125 0 73988 REV LAWRENCE BURGDORF 5.00 X 109750 0 50450 ALFRED PAUL G SCHWAN 5.00 X 0 0 0 KENT RAABE 5.00 X 40000 0 0 ERIK BURGDORF 40.00 X 222275 0 72037 746150 0 196475 3 0 1 0 HOGAN LOVELLS US LLP COLUMBIA SQUARE 555 THIRTEENTH STR WASHINGTON DC 20004 LEGAL SERVICES 2605788 SEATON BENKOWSKI & PARTNERS NORTH AMERI 7475 WISCONSIN AVE SUITE 500 BETHESDA MD 20814 REAL ESTATE MANAGEMENT FEES 1651555 NAVIGANT CONSULTING INC 4511 PAYSPERE CIRCLE CHICAGO IL 60674 CONSULTING SERVICES 299000 STONE CARLIE & COMPANY LLC 101 SOUTH HANLEY ROAD SUITE 800 ST LOUIS MO 631053437 ACCOUNTING AND TAX SERVICES 240270 ALVAREZ & MARSAL 2100 ROSS AVENUE 21ST FLOOR DALLAS TX 75201 CONSULTING SERVICES 237879 5 16147700 2480434 13667266 122849379 685620 105126215 1608300 17723164 -922680 16800484 16800484 32948184 0 2480434 30467750 18126772 18126772 753700 753700 29733 29733 124744 124744 53185 53185 24467 24467 2308296 2308296 5271059 5271059 385609 385609 718869 718869 595160 595160 20111 20111 859 859 33089 33089 33531 33531 1038007 1038007 6408 6408 13444 13444 TRUSTEE EXPENSES 1538 1538 29538581 20480346 9058235 0 62316 522903 281826 305134163 350204339 35542 29146 12803 6396 177541838 168680766 244829724 230314891 728041431 749550534 26140000 44240000 500 0 26140500 44240000 X 701900931 705310534 701900931 705310534 728041431 749550534 3409603 0 X 0 1 1 X 0 X X X 0 0 0 BETHANY LUTHERAN COLLEGE 410747165 2 1 1 1 3300000 EVANGELICAL LUTHERAN SYNOD 237181739 1 1 1 1 750000 INTERNATIONAL LUTHERAN LAYMEN'S LEAGUE 431631485 9 1 1 1 120000 LUTHERAN CHURCH MISSOURI SYNOD 430658188 1 1 1 1 3492179 WISCONSIN EVANGELICAL LUTHERAN SYNOD 391656073 1 1 1 1 1064593 WISCONSIN EVANGELICAL LUTHERAN SYNOD 390842084 1 1 1 1 3990000 WISCONSIN LUTHERAN COLLEGE 237179639 1 1 1 1 4500000 MISSIONS ADVANCEMENT PROJECT 411938532 1 0 1 1 910000 8 18126772 SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: MISSIONS ADVANCEMENT PROJECT, INC. (MAP) IS A TYPE I SUPPORTING ORGANIZATION (PARENT/SUBSIDIARY RELATIONSHIP) OF EVANGELICAL LUTHERAN SYNOD, A NAMED SUPPORTED ORGANIZATION. THIS DIRECT SUPPORT TO MAP FROM THE FOUNDATION IS ALLOWED PURSUANT TO TREASURY REGULATIONS SECTION 1.509(A)-4(E)(1). 10513 7009 3504 25029 22137 2892 6396 230314891 C 230314891 SEE SCHEDULE O REGARDING FIN 48 REPORTING BY THE ORGANIZATION. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS IN HOTEL & REAL ESTATE ACTIVITIES AS REVENUE GENERATOR & FUND CORPUS INVESTMENT VEHICLE. 204035973 0 0 0 0 0 0 204035973 0 204035973 1 0 1 0 0 0 METHOD USED TO ACCCOUNT FOR EXPENDITURES: SCHEDULE F, PART I, LINE 3: THE EXPENSES REPORTED IN COLUMN F WERE BASED ON CASH METHOD ACCOUNTING, THE SAME METHOD USED ON PART IX OF FORM 990. OTHER INFORMATION SCHEDULE F, PART V PART I, LINE 3, COLUMN (F) CENTRAL AMERICA AND THE CARIBBEAN TOTAL CUMULATIVE INVESTMENTS - $199,433,926 TOTAL EXPENDITURES - $4,602,047 TOTAL PART I, LINE 3, COLUMN (F) - $204,035,973 1 BETHANY LUTHERAN COLLEGE 700 LUTHER DRIVE MANKATO MN 56001 410747165 501(C)(3) 3300000 RELIGIOUS LAND AND BUILDINGS EVANGELICAL LUTHERAN SYNOD 8 BROWNS COURT MANKATO MN 56001 237181739 501(C)(3) 750000 RELIGIOUS FOREIGN MISSIONS INTERNATIONAL LUTHERAN LAYMEN'S LEAGUE 660 MASON RIDGE CENTER DRIVE ST LOUIS MO 63141 431631485 501(C)(3) 120000 RELIGIOUS FOREIGN MISSIONS LUTHERAN CHURCH MISSOURI SYNOD 1333 SOUTH KIRKWOOD ROAD ST LOUIS MO 63122 430658188 501(C)(3) 3492179 RELIGIOUS FOREIGN MISSIONS WISCONSIN EVANGELICAL LUTHERAN SYNOD KINGDOM WORKERS 2323 N MAYFAIR ROAD STE 400 WAUWATOSA WI 53226 391656073 501(C)(3) 1064593 RELIGIOUS FOREIGN MISSIONS WISCONSIN EVANGELICAL LUTHERAN SYNOD 2929 N MAYFAIR ROAD MILWAUKEE WI 53222 390842084 501(C)(3) 3990000 CHURCH AND FAMILIES WISCONSIN LUTHERAN COLLEGE 8800 WEST BLUEMOUND ROAD MILWAUKEE WI 53226 237179639 501(C)(3) 4500000 RELIGIOUS LAND AND BUILDINGS MISSIONS ADVANCEMENT PROJECT 6 BROWNS COURT MANKATO MN 56001 411938532 501(C)(3) 910000 RELIGIOUS FOREIGN MISSIONS 8 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: KEY EMPLOYEES AND/OR TRUSTEES OF THE FOUNDATION MAINTAIN CLOSE AND CONTINUOUS RELATIONSHIPS WITH EACH OF THE FOUNDATION'S SUPPORTED ORGANIZATIONS BY SERVING ON THE ORGANIZATIONS' GOVERNING BODY AND/OR MAINTAINING A WORKING RELATIONSHIP WITH THE BENEFICIARY ORGANIZATIONS' BOARD MEMBERS. THESE RELATIONSHIPS ALLOW THE FOUNDATION TO REMAIN RESPONSIVE TO THE NEEDS OF ITS SUPPORTED ORGANIZATIONS AS WELL AS OVERSEE THE USE OF THE GRANT FUNDS. FURTHER, THESE RELATIONSHIPS PROVIDE THE SUPPORTED ORGANIZATIONS WITH A WAY TO EXERCISE A VOICE IN THE INVESTMENT AND GRANTMAKING ACTIVITIES OF THE FOUNDATION. THE MAJORITY OF THE GRANTS ARE NOT DESIGNATED FOR A SPECIFIC PURPOSE; HOWEVER, BY THE BENEFICIARY ORGANIZATIONS ADHERING TO THEIR STATED MISSIONS, THE FOUNDATION IS SATISFIED THAT PROPER STEWARDSHIP OF THE GRANT FUNDS HAVE BEEN ATTAINED. 1 X X X 0 0 0 0 0 0 0 0 0 REV KEITH BOHEIM 374125 0 0 0 0 0 49000 0 24988 0 448113 0 0 0 REV LAWRENCE BURGDORF 109750 0 0 0 0 0 49000 0 1450 0 160200 0 0 0 ERIK BURGDORF 222275 0 0 0 0 0 48365 0 23672 0 294312 0 0 0 PENINSULA PAPAGAYO VENTURES LTD SEE DESCRIPTION OF TRANSACTION 10053119 LOAN TO PENINSULA PAPAGAYO VENTURES, LTD ORGANIZATION TRUSTEES KEITH BOHEIM, ERIC BURGDORF AND LAWRENCE BURGDORF SERVE AS BOARD MEMBERS OF PENINSULA PAPAGAYO VENTURES, LTD 0 MARINA PAPAGAYO HOLDING LTD SEE DESCRIPTION OF TRANSACTION 3425530 LOAN TO MARINA PAPAGAYO HOLDING, LTD ORGANIZATION TRUSTEES KEITH BOHEIM, ERIC BURGDORF AND LAWRENCE BURGDORF SERVE AS BOARD MEMBERS OF MARINA PAPAGAYO HOLDING, LTD 0 EXCESS BUSINESS HOLDINGS PART V, LINE8 BASED ON IRS FINDINGS, THE FOUNDATION HAD EXCESS BUSINESS HOLDINGS UNDER SECTION 4943 RELATING TO ONE INVESTMENT; SUCH HOLDINGS CONTINUED TO HAVE A NEGATIVE VALUE FOR EACH APPLICABLE DAY DURING THE FILING YEAR. THE RELEVANT BUSINESS HOLDING NO LONGER EXCEEDS PERMITTED LEVELS. FORM 990, PART VI, SECTION A, LINE 2 REV. LAWRENCE BURGDORF AND ERIK BURGDORF ARE FATHER AND SON, RESPECTIVELY. FORM 990, PART VI, SECTION A, LINE 7A THE FOUNDATION HAS A TRUSTEE SUCCESSION COMMITTEE. THIS COMMITTEE CAN'T INFLUENCE THE TRUSTEES OR MAKE DECISIONS FOR THE TRUSTEES, BUT IF THE COMMITTEE FEELS THAT A TRUSTEE(S) ACTED OUTSIDE THE BEST INTERESTS OF THE FOUNDATION THEY CAN REPLACE THAT TRUSTEE. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 A PRELIMINARY FORM 990 WAS PRESENTED TO THE TRUSTEES AT A TRUSTEE MEETING. COMMENTS WERE PROVIDED TO THE TAX PREPARERS. AN UPDATED VERSION OF FORM 990 WAS SUBSEQUENTLY REVIEWED BY THE TRUSTEES PRIOR TO THE FILING DEADLINE. FORM 990, PART VI, SECTION B, LINE 12C THE DISCLOSURE STATEMENT ON CONFLICT OF INTEREST IS SUBMITTED ANNUALLY BY ALL INDIVIDUALS AT THE BEGINNING OF THE FISCAL YEAR OF THE FOUNDATION AND RETURNED TO THE BOARD OF TRUSTEES. AFTER REVIEW, COPIES ARE SUBMITTED TO THE LEGAL ADVISORS OF THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION HAS A COMPENSATION COMMITTEE COMPRISED OF THE TWO INDEPENDENT, NON-EMPLOYEE TRUSTEES. THE COMMITTEE ENGAGES INDEPENDENT FIRMS TO PERFORM COMPENSATION STUDIES AS NEEDED AND CONDUCTS A THOROUGH REVIEW OF THE SALARY SCALES ANNUALLY. THE COMPENSATION COMMITTEE SUBMITS THE PROPOSED SALARY ADJUSTMENTS TO THE GOVERNING BODY FOR FINAL APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, COMPENSATION: A MEMBER OF THE TRUSTEE SUCCESSION COMMITTEE WAS COMPENSATED AS FOLLOWS. THIS INDIVIDUAL'S RELATIONSHIP WITH THE FOUNDATION DOES NOT MEET THE REPORTING REQUIREMENTS FOR PART VII, SECTION A OR SECTION B BECAUSE OF REPORTING THRESHOLDS AND THE FACT THAT THE TRUSTEE SUCCESSION COMMITTEE DOES NOT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. NAME AND ADDRESS: PAUL TWEIT, 1126 ANDERSON DRIVE, MANKATO, MN 56001 DESCRIPTION OF SERVICES: MEMBER, TRUSTEE SUCCESSION COMMITTEE COMPENSATION: $40,000 FORM 990, PART VII, COMPENSATION: REV. LAWRENCE BURGDORF RETIRED AS EXECUTIVE DIRECTOR OF THE FOUNDATION EFFECTIVE MARCH 31, 2010 BUT PRESENTLY SERVES ON THE TRUSTEE SUCCESSION COMMITTEE. TRUSTEES OF THE FOUNDATION ARE NOT COMPENSATED FOR THEIR SERVICES; THEREFORE, $30,000 OF THE COMPENSATION REPORTED ON FORM 990, PART VII FOR REV. LAWRENCE BURGDORF RELATES SOLELY TO HIS SERVICE ON THE TRUSTEE SUCCESSION COMMITTEE, NOT IN THE CAPACITY AS A TRUSTEE OF THE FOUNDATION. FORM 990, PART VII, COMPENSATION: TRUSTEES OF THE FOUNDATION ARE NOT COMPENSATED FOR THEIR SERVICES; THEREFORE, THE AMOUNT REPORTED AS COMPENSATION FOR KENT RAABE ON FORM 990, PART VII RELATES SOLELY TO HIS SERVICE ON THE TRUSTEE SUCCESSION COMMITTEE, NOT IN THE CAPACITY AS A TRUSTEE OF THE FOUNDATION. SCHEDULE R: THE SHARE OF TOTAL INCOME AND END OF YEAR ASSETS FOR CERTAIN ENTITIES ARE NOT INCLUDED BECAUSE THEY ARE NOT INCLUDED IN PART X OF FORM 990. FOR ENTITIES WHICH REQUIRE FORM 5471 OR FORM 8858 REPORTING SEE ATTACHED FORMS FOR ENTITIES' ACTIVITY INCLUDING END OF YEAR ASSETS AND TOTAL INCOME. FORM 990, PART IV, LINE 12, INDEPENDENT AUDITED FINANCIAL STATEMENTS: THE MARVIN M. SCHWAN CHARITABLE FOUNDATION OBTAINED SEPARATE, INDEPENDENT AUDITED FINANCIAL STATEMENTS FOR THE TAX PERIOD ENDING 11/30/2011. THESE FINANCIAL STATEMENTS WERE PREPARED ON THE CASH BASIS OF ACCOUNTING, WHICH IS A COMPREHENSIVE BASIS OF ACCOUNTING OTHER THAN GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WHICH DOES NOT SATISFY THE REQUIREMENTS FOR A POSITIVE RESPONSE UNDER THE INSTRUCTIONS TO FORM 990, PART IV, LINE 12. FORM 990, PART VI, LINE 9: ALFRED PAUL G. SCHWAN PASSED AWAY IN MARCH 2011. ALL CORRESPONDENCE RECEIVED BY THE FOUNDATION ON HIS BEHALF WILL BE FORWARDED TO HIS ESTATE. FORM 990, PART VIII, STATEMENT OF REVENUE: THE ORGANIZATION IS REPORTING INVESTMENT INCOME, RENTAL INCOME AND GAIN/(LOSS) AMOUNTS IN COLUMN (D) BECAUSE SUCH AMOUNTS REPRESENT REVENUE WHICH IS EXCLUDABLE UNDER THE RULES PROVIDED IN IRC SECTIONS 512, 513 AND 514. SUCH AMOUNTS ARE USED BY THE FOUNDATION TO OPERATE FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF ONE OR MORE OF ITS SPECIFIC RELIGIOUS SUPPORTED ORGANIZATIONS. THE EXPENSES REFLECTED ON PART IX RELATE TO THAT REVENUE AND THOSE USES. FOR PURPOSES OF FORM 990 REPORTING, BOTH SHORT-TERM AND LONG-TERM GAINS (AS APPLICABLE) ARE REPORTED TOGETHER. FORM 990, SCHEDULE D, PART X. LINE 2, FIN 48 FOOTNOTE REPORTING: THE MANAGEMENT OF THE ORGANIZATION BELIEVES THAT ALL POSITIONS WITH RESPECT TO INCOME TAXATION TAKEN ON ITS RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED AND NO TAX LIABILITY EXPOSURE EXISTS. 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INVESTMENT/OPERATION CS PAPAGAYO SERVICIOS GENERALES PSG SA C 0.70000 CAFARELLA SA ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS PAPAGAYO SERVICIOS GENERALES PSG SA C 0.70000 GOLDWATER SA ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS PAPAGAYO SERVICIOS GENERALES PSG SA C 0.70000 RESIDENCE CLUB STE 6011 I EL TREBOL SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6011 II EL ALCORNOQUE SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6011 III EL ARBUSTO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6011 IV EL ARRAYAN SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6011 IX EL CEDRO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6011 V LA BALSA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6011 VI EL BEJUCO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6011 VII LA BROMEILA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6011 VIII EL CACTUS SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6011 X EL CEIBO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6011 XI EL CIPRESILLO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6011 XII LA CHIRCA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6031 I EL ALCARAVAN SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6031 II EL AMPELIS SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6031 III LAS ANINMAS SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6031 IV EL PATO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6031 IX LA CODORNIZ SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6031 V EL NARCISO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6031 VI LA YERBERA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6031 VII EL BUHO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6031 VIII LA LECHUZA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6031 X EL COLIBRI SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6031 XI EL GORRION SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6031 XII EL CORMORAN SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6111 BAHIAS Y DELFINES SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6121 PEZ ANGEL SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6131 MAPACHES DEL JOBO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6211 OLMOS SECOS SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6221 LEON MARINO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6311 CARIBLANCO DE SOLEY SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6331 I EL CORRELIMO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6331 II LA COTINMA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6331 III EL CUCLILLO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6331 IV EL TIJO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6331 IX EL GUARACARA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6331 V LA GARZA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6331 VI LA GAVIOTA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6331 VII LA GOLONDRINA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6331 VIII EL HALCON SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6331 X EL JACAMAR SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6331 XI EL LORO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6331 XII LA LAPA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6411 OCELOTE DE JUNQUILLAL SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6421 TIGRILLO DE MANCHAS SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6431 JAGUAR DE MONTANA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6611 I EL CARACOL SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6611 II EL CORAL SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6611 III LA CORREDORA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6611 IV EL GEKO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6611 IX LA AVISPA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6611 V EL BAMBU SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6611 VI EL CAIMAN SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6611 VII EL PINO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6611 VIII LA IGUANA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6611 X LA MARIPOSA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6611 XI EL ZANCUDO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6611 XII LA ABEJA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6621 TIBURON MARTILLO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6631 I EL HORMIGUERO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6631 I EL PEREZOSO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6631 I EL PIZOTE SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6631 IV EL PUERCOESPIN SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6631 IX EL ALACRAN SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6631 V EL SERAFIN SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6631 VI EL TEPEZCUINTLE SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6631 VII EL VENADO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6631 VIII EL ZORRILLO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6631 X EL JAUL SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6631 XI LA CAFETALERA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCE CLUB STE 6631 XII EL CAIMAN SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA C 0.78910 RESIDENCIA TURISTICA ARBOL DE MANGO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA CANGREJO PINZA CORTA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA CARAMBOLO COSTERO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA CASA DE LA PLANICIE SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA COLIBRI ALA DE SABLE SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA CORRIENTES INSULARES SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA ESTERO PEDREGOSO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA FIESTAS DEL PALENQUE SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA HALCONES Y GORRIONES SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA MANGO Y SAL SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA MANTA RAYADA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA OLEAJE CONSTANTE SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA PAISAJE DE LA SABANA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA PALMA COCOTERA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA PELICANOS Y PAVONES SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA SARGO DE LAS ROCAS SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA SILBIDOS DEL VIENTO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA SILUETA DEL CARDUMEN SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA SOMBRA FRESCA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA TARDES DE ARENISCA SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA TRILLO HACIA EL MAR SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA VENTISCA DEL CABO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA VERDOR INTENSO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIA TURISTICA VIENTO DE BAJAMAR SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIAS GALLO PLUMAS LARGAS SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIAS LORA PICO LARGO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIAS PELICANO PESCADOR SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIAS SENAS DEL MALINCHE SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIAS TUCANCILLO DE CABUYAL SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 RESIDENCIAS VERDE CANARIO SRL ESCAZU TERRAFORTE BLDG 3RD FLOOR SAN JOSE CS REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO C 0.70000 EBR HOLDING LIMITED QUEENS HIGHWAY FARMERS HILL EMERALD BAY BF REAL ESTATE INVESTMENT/OPERATION BF THE KINGS FOUNDATION LTD C 0.50710 EBR MARINA LIMITED QUEENS HIGHWAY FARMERS HILL EMERALD BAY BF REAL ESTATE INVESTMENT/OPERATION BF EBR HOLDING LIMITED C 0.50710 EMERALD BAY WATER COMPANY LIMITED QUEENS HIGHWAY FARMERS HILL EMERALD BAY BF REAL ESTATE INVESTMENT/OPERATION BF EBR HOLDING LIMITED C 0.50710 THE KINGS FOUNDATION INVESTMENT CAYMAN II LTD 514 EARTH CITY EXPRESSWAY SUITE 233 EARTH CITY MO 63045 REAL ESTATE INVESTMENT/OPERATION CJ N/A C 25103353 1.00000 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 HOBART MANAGEMENT LTD D 51920129 SEE PART VII MARINA PAPAGAYO SA D 28920846 SEE PART VII HOBART MANAGEMENT LTD A 5698215 SEE PART VII MARINA PAPAGAYO SA A 4950108 SEE PART VII PENINSULA PAPAGAYO VENTURES LTD D 16368389 SEE PART VII PENINSULA PAPAGAYO VENTURES LTD A 1313537 SEE PART VII DESARROLLO PAPAGAYO CORPORATION D 3000000 SEE PART VII DESARROLLO PAPAGAYO CORPORATION A 262614 SEE PART VII ECODESARROLLO PAPAGAYO SA D 56253569 SEE PART VII THE KINGS FUND HOLDING COMPANY LLC D 24318200 SEE PART VII WISCONSIN LUTHERAN COLLEGE D 48850000 SEE PART VII THE SHARE OF TOTAL INCOME AND END OF YEAR ASSETS FOR CERTAIN ENTITIES ARE NOT INCLUDED BECAUSE THEY ARE NOT INCLUDED IN PART X OF FORM 990. FOR ENTITIES WHICH REQUIRE FORM 5471 OR FORM 8858 REPORTING SEE ATTACHED FORMS FOR ENTITIES' ACTIVITY INCLUDING END OF YEAR ASSETS AND TOTAL INCOME. HOBART MANAGEMENT PART V, LINE 2, COLUMN (D) - TRANSACTIONS WITH RELATED ORGANIZATIONS LOANS AMOUNTS ARE BASED ON LOAN DOCUMENTS NEGOTIATED AT ARMS-LENGTH. ACCRUED INTEREST BASED ON RATES NEGOTIATED AT ARMS-LENGTH CONSISTENT WITH MARKET RATE. MARINA PAPAGAYO, S.A. PART V, LINE 2, COLUMN (D) - TRANSACTIONS WITH RELATED ORGANIZATIONS LOANS AMOUNTS ARE BASED ON LOAN DOCUMENTS NEGOTIATED AT ARMS-LENGTH. ACCRUED INTEREST BASED ON RATES NEGOTIATED AT ARMS-LENGTH CONSISTENT WITH MARKET RATE. PENINSULA PAPAGAYO VENTURES, LTD. PART V, LINE 2, COLUMN (D) - TRANSACTIONS WITH RELATED ORGANIZATIONS LOANS AMOUNTS ARE BASED ON LOAN DOCUMENTS NEGOTIATED AT ARMS-LENGTH. ACCRUED INTEREST BASED ON RATES NEGOTIATED AT ARMS-LENGTH CONSISTENT WITH MARKET RATE. DESARROLLO PAPAGAYO CORPORATION PART V, LINE 2, COLUMN (D) - TRANSACTIONS WITH RELATED ORGANIZATIONS LOANS AMOUNTS ARE BASED ON LOAN DOCUMENTS NEGOTIATED AT ARMS-LENGTH. ACCRUED INTEREST BASED ON RATES NEGOTIATED AT ARMS-LENGTH CONSISTENT WITH MARKET RATE. ECODESARROLLO PAPAGAYO, S.A. PART V, LINE 2, COLUMN (D) - TRANSACTIONS WITH RELATED ORGANIZATIONS LOAN GUARANTEE BASED ON AGREEMENT NEGOTIATED AT ARMS-LENGTH. THE KINGS FUND HOLDING COMPANY, LLC PART V, LINE 2, COLUMN (D) - TRANSACTIONS WITH RELATED ORGANIZATIONS LOAN GUARANTEE BASED ON AGREEMENT NEGOTIATED AT ARMS-LENGTH. WISCONSIN LUTHERAN COLLEGE PART V, LINE 2, COLUMN (D) - TRANSACTIONS WITH RELATED ORGANIZATIONS LOAN GUARANTEE BASED ON AGREEMENT NEGOTIATED AT ARMS-LENGTH.