2024-11-11T16:18:05-06:00 2023-12-31 861065772 DELOITTE TAX LLP 1015 2ND AVENUE STE 500 SEATTLE WA 981041001 990PF 2023-01-01 471545801 STOLTE FAMILY FOUNDATION STOL 2064530444 217 1ST AVE S BOX 4339 SEATTLE WA 98194 CHRISTOPHER STOLTE DIRECTOR 2064530444 2024-11-09 1 0 JOLENE G COX P00235481 2067167000 2023 2024-10-15 13:58:12Z X 66887898 X 9943716 1120270 1079814 -28076 29034908 9780567 3326 -9657 11039236 10850724 119734 0 119734 307955 0 307955 101004 0 151504 18143 0 18143 39163 39163 0 16 3383 0 29427 0 10176 0 10176 449764 204546 303391 1075382 247092 910903 7922468 7922468 8997850 247092 8833371 2041386 10603632 17866 32780 32780 1781362 1406700 1406700 2866600 6301972 6301972 36838313 42070848 42070848 4972682 4887866 4887866 7763754 7058731 7058731 3668000 5129001 5129001 57908577 66887898 66887898 1000 1000 1647 1256 2647 2256 X 0 0 0 0 57905930 66885642 57905930 66885642 57908577 66887898 57905930 2041386 6938326 66885642 0 66885642 CAPITAL GAIN DISTRIBUTIONS P 17245 17245 17245 CAPITAL GAIN FROM LLCS P 52318 -52318 -52318 CAPITAL LOSS ON WHITEHORSE LIQUIDATION P 46280 100000 -53720 -53720 PUBLICLY TRADED SECURITIES P 28971383 19102023 9869360 9869360 9780567 147390 0 147390 0 147390 159854 0 10000 0 169854 X 0 22464 22464 0 0 0 0 0 0 0 0 0 0 0 1 1 WA 1 0 0 0 0 1 WWW.STOLTEFAMILYFOUNDATION.ORG DELOITTE TAX LLP 2067167000 1015 2ND AVE STE 500 SEATTLE WA 981041001 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HEIDI STOLTE 217 1ST AVE S BOX 4339 SEATTLE WA 98194 DIRECTOR, PRESIDENT 12.00 0 0 0 CHRISTOPHER STOLTE 217 1ST AVE S BOX 4339 SEATTLE WA 98194 DIRECTOR, SECRETARY, TREASURER 12.00 0 0 0 KIM WRIGHT 217 1ST AVE S BOX 4339 SEATTLE WA 98194 DIRECTOR 19.00 119734 11973 0 BRIANNA JACKSON 217 1ST AVE S BOX 4339 SEATTLE WA 98194 EDUCATION PROGRAM OF 35.00 154086 15409 0 KAREN LAUGHLIN 217 1ST AVE S BOX 4339 SEATTLE WA 98194 CLIMATE PROGRAM DIRE 21.00 113141 11314 0 WHITNEY HOWE 217 1ST AVE S BOX 4339 SEATTLE WA 98194 OPERATIONS AND GRANT 16.00 40728 4073 0 0 FIRST REPUBLIC BANK 111 PINE STREET SAN FRANCISCO CA 94111 FINANCIAL 181738 MATHEMATICA 2101 4TH AVE SEATTLE WA 98121 CONSULTING 60000 ASPECT RESEARCH AND EVALUATION LLC 5730 37TH AVE NE SEATTLE WA 98105 RESEARCH 54000 0 PRIME COALITION IS A 501(C)(3) PUBLIC CHARITY THAT PARTNERS WITH MISSION-ALIGNED INVESTORS TO SUPPORT EXTRAORDINARY COMPANIES THAT COMBAT CLIMATE CHANGE, HAVE A HIGH LIKELIHOOD OF ACHIEVING COMMERCIAL SUCCESS, AND WOULD OTHERWISE HAVE A DIFFICULT TIME RAISING ADEQUATE FINANCIAL SUPPORT TO SCALE. THE FOUNDATION INVESTED AN ADDITIONAL $1,332,000 DURING THE CALENDAR YEAR. ITS TOTAL INVESTMENT AS OF 12/31/2023 IS $5,000,000. 1332000 1332000 49154154 2934268 7411243 59499665 0 0 59499665 892495 58607170 2930359 2930359 147390 147390 2782969 0 2782969 0 2782969 8833371 1332000 10165371 2782969 0 0 3639396 6875694 7452723 17967813 10165371 0 0 0 2782969 7382402 0 0 25350215 0 0 0 0 0 9943716 0 15406499 571374 7452723 7382402 HEIDI STOLTE CHRISTOPHER STOLTE X AFRICAN COMMUNITY HOUSING & DEVELOPMENT 16258 MILITARY ROAD SUITE 206 SEATAC WA 98188 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 1875 AFRICAN COMMUNITY HOUSING & DEVELOPMENT 16258 MILITARY ROAD SUITE 206 SEATAC WA 98188 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 300 AFRICAN COMMUNITY HOUSING & DEVELOPMENT 16258 MILITARY ROAD SUITE 206 SEATAC WA 98188 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 1500 ARTSWEST 4711 CALIFORNIA AVE SW SEATTLE WA 98116 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 150 ASIA PACIFIC CULTURAL CENTER 4851 SOUTH TACOMA WAY TACOMA WA 98409 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 140000 BAY AREA COMMUNITY SERVICES INC 390 40TH STREET OAKLAND CA 946092633 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 10500 BELONG PARTNERS 3250 AIRPORT WAY SOUTH SUITE 225 SEATTLE WA 98134 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 52500 BUILDING CHANGES PACIFIC TOWER 1200 12TH AVE S 1200 SEATTLE WA 98144 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50000 BYRD BARR PLACE 722 18TH AVENUE SEATTLE WA 98122 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 300 CASCADIA CLEANTECH PRIZE 1301 5TH AVENUE SUITE 1500 SEATTLE WA 981012632 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100000 CENTER FOR SUSTAINABLE INFRASTRUCTURE 120 STATE AVE NE 303 OLYMPIA WA 98501 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50000 CHILD CARE AWARE OF WASHINGTON 1001 PACIFIC AVENUE SUITE 400 TACOMA WA 98402 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 150000 CITIZENS UTILITY BOARD OF MICHIGAN 921 N WASHINGTON AVE LANSING MI 48906 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100000 CLEAN ENERGY TRANSITION INSTITUTE 5721 16TH AVENUE NE SEATTLE WA 981052518 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 80000 CLIMATE SOLUTIONS - SEATTLE 1402 3RD AVENUE SUITE 1200 SEATTLE WA 98101 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 700000 CLIMATE SOLUTIONS - SEATTLE 1402 3RD AVENUE SUITE 1200 SEATTLE WA 98101 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 240000 COMMUNITY CENTER FOR EDUCATION RESULTS 1200 12TH AVENUE SOUTH SUITE 701 SEATTLE WA 981442799 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 469128 COMMUNITY NETWORK COUNCIL 1819 CENTRAL AVENUE SOUTH SUITE 72 KENT WA 98032 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 150000 DELRIDGE NEIGHBORHOODS DEVELOPMENT ASSOCIATION 4408 DELRIDGE WAY SW SEATTLE WA 98106 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 2175 EARTHGEN 4649 SUNNYSIDE AVENUE NORTH SUITE 303 SEATTLE WA 981036955 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50000 ECOLOGY CENTER INC 339 E LIBERTY ST SUITE 300 ANN ARBOR MI 48104 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 40000 ECONOMIC OPPORTUNITY INSTITUTE 601 STEWART STREET SUITE 715 SEATTLE WA 98101 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 5000 EL CENTRO DE LA RAZA 2524 16TH AVENUE SOUTH SEATTLE WA 98144 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 375 EVERGREEN COLLABORATIVE PO BOX 21961 SEATTLE WA 981113961 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 155000 EVERGREEN COLLABORATIVE PO BOX 21961 SEATTLE WA 981113961 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 200000 FAIR WORK CENTER 116 WARREN AVE N SUITE A SEATTLE WA 98109 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 25000 FORTH MOBILITY FUND 2035 NW FRONT AVE SUITE 101 PORTLAND OR 97209 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 40000 FORTH MOBILITY FUND 2035 NW FRONT AVE SUITE 101 PORTLAND OR 97209 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50000 FRONT AND CENTERED 1501 EAST MADISON STREET SUITE 250 SEATTLE WA 98122 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 40000 FUSE INNOVATION FUND PO BOX 4897 SEATTLE WA 98194 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 90000 FUTUREWISE 1201 3RD AVE 2200 SEATTLE WA 98101 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50000 FUTUREWISE 1201 3RD AVE 2200 SEATTLE WA 98101 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50000 GREENTRIKE 1501 PACIFIC AVENUE SUITE 202 TACOMA WA 98402 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100000 GRIST MAGAZINE INC 1501 E MADISON ST SUITE 650 SEATTLE WA 98122 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50000 GRIST MAGAZINE INC 1501 E MADISON ST SUITE 650 SEATTLE WA 98122 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100000 HEDGEBROOK PO BOX 1231 FREELAND WA 98249 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 375 INSTITUTE FOR ENERGY INNOVATION 115 W ALLEGAN SUITE 710 LANSING MI 48933 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100000 INSTITUTE FOR ENERGY INNOVATION 115 W ALLEGAN SUITE 710 LANSING MI 48933 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100000 INSTITUTE FOR WASHINGTON'S FUTURE 2720 VALENCIA STREET BELLINGHAM WA 98226 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50000 LATINO COMMUNITY FUND OF WASHINGTON STATE PO BOX 28334 SEATTLE WA 98118 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 125000 LATINO COMMUNITY FUND OF WASHINGTON STATE POST OFFICE BOX 30669 SEATTLE WA 98103 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50000 LEAGUE OF CONSERVATION VOTERS EDUCATION FUND 740 15TH STREET NW SUITE 700 WASHINGTON DC 20005 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 200000 LEAGUE OF EDUCATION VOTERS FOUNDATION 2734 WESTLAKE AVE N SEATTLE WA 98109 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 5000 MAPLE VALLEY LACROSSE CLUB PO BOX 326 MAPLE VALLEY WA 98038 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 155 MICHIGAN ENVIRONMENTAL JUSTICE COALITION 2701 BAGLEY ST DETROIT MI 48216 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100000 MICHIGAN LEAGUE OF CONSERVATION VOTERS EDUCATION FUND 3029 MILLER ROAD ANN ARBOR MI 48103 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50000 MICHIGAN LEAGUE OF CONSERVATION VOTERS EDUCATION FUND 3029 MILLER ROAD ANN ARBOR MI 48103 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100000 MULTICULTURAL CHILD AND FAMILY HOPE CENTER 2021 S 19TH ST TACOMA WA 98405 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 75000 NW ENERGY COALITION 811 1ST AVE SUITE 305 SEATTLE WA 98104 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50000 ONEAMERICA 1225 S WELLER STREET SUITE 430 SEATTLE WA 98144 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 75000 OPEN DOORS FOR MULTICULTURAL FAMILIES 24437 RUSSELL ROAD SUITE 110 KENT WA 980321786 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 140000 OREGON ENVIRONMENTAL COUNCIL (OEC) PO BOX 14822 PORTLAND OR 97293 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 60000 PARA LOS NIOS 15220 6TH AVE SW BURIEN WA 98166 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 140000 PARA LOS NIOS 15220 6TH AVE SW BURIEN WA 98166 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 1800 PROGRAM FOR EARLY PARENT SUPPORT (PEPS) 4649 SUNNYSIDE AVENUE NORTH SUITE 324 SEATTLE WA 981036952 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 65000 RURAL PEOPLE'S PLATFORM PO BOX 1452 WINTHROP WA 98862 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50000 RVC SEATTLE 3715 S HUDSON STREET SUITE 103 SEATTLE WA 98118 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 135000 SIGHTLINE INSTITUTE 1402 3RD AVENUE SUITE 500 SEATTLE WA 98101 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50000 SOULARDARITY 21 HIGHLAND ST HIGHLAND PARK MI 48203 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50000 SOUTHEAST SEATTLE EDUCATION COALITION 3829B SOUTH EDMUNDS STREET BOX 9 SEATTLE WA 981181729 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 135000 SPARK NORTHWEST 1402 3RD AVENUE SUITE 901 SEATTLE WA 98101 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 25000 START EARLY 33 WEST MONROE STREET SUITE 1200 CHICAGO IL 60603 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 150000 THE GOOD PEOPLE FUND 384 WYOMING AVENUE MILLBURN NJ 07041 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 300 THE NATURE CONSERVANCY 4245 NORTH FAIRFAX DRIVE SUITE 100 ARLINGTON VA 22203 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 185000 THE NATURE CONSERVANCY 4245 NORTH FAIRFAX DRIVE SUITE 100 ARLINGTON VA 22203 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 150000 THE SEATTLE FOUNDATION 1601 5TH AVENUE SUITE 1900 SEATTLE WA 98101 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 5000 THE SEATTLE FOUNDATION 1601 5TH AVENUE SUITE 1900 SEATTLE WA 98101 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 375 TRANSITIONAL RESOURCES 2970 SW AVALON WAY SEATTLE WA 98126 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 285 TRANSPORTATION CHOICES COALITION 1402 3RD AVE SUITE 310 SEATTLE WA 98101 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 75000 UNITED WAY OF KING COUNTY 720 2ND AVENUE SEATTLE WA 981041702 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 650000 UNIVERSITY OF WASHINGTON FOUNDATION BOX 355055 SEATTLE WA 98195 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 25000 UNIVERSITY OF WASHINGTON FOUNDATION BOX 355055 SEATTLE WA 98195 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 75000 VOICES OF TOMORROW 15811 AMBAUM BLVD SW SUITE 170 BURIEN WA 98166 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 135000 VOTE SOLAR 2201 BROADWAY FOURTH FLOOR OAKLAND CA 94612 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50000 WASHINGTON ALLIANCE FOR BETTER SCHOOLS 18560 1ST AVE NE SHORELINE WA 98155 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100000 WASHINGTON COMMUNITY ACTION NETWORK EDUCATION & RESEARCH FUND (WA CAN ERF) 1806 E YESLER WAY SEATTLE WA 98122 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50000 WASHINGTON CONSERVATION ACTION EDUCATION FUND 1402 THIRD AVE SUITE 1400 SEATTLE WA 98101 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100000 WASHINGTON PROGRESS FUND 1511 3RD AVENUE SUITE 300 SEATTLE WA 98101 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 150000 WASHINGTON STATE BUDGET AND POLICY CENTER 1402 3RD AVENUE SUITE 1215 SEATTLE WA 981012118 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 25000 WASHINGTON STATE FAMILY AND COMMUNITY ENGAGEMENT TRUST 7500 212TH ST SW EDMONDS WA 98026 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100000 WINDWARD FUND 1201 CONNECTICUT AVENUE NW SUITE 300 WASHINGTON DC 200362656 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 175000 WINDWARD FUND 1201 CONNECTICUT AVENUE NW SUITE 300 WASHINGTON DC 200362656 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 60000 WINDWARD FUND 1201 CONNECTICUT AVENUE NW SUITE 300 WASHINGTON DC 200362656 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100000 WINDWARD FUND 1201 CONNECTICUT AVENUE NW SUITE 300 WASHINGTON DC 200362656 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100000 WORLD RELIEF WESTERN WA - WORLD RELIEF CORP OF NATIONAL ASSOCIATION OF EVAN 23835 PACIFIC HIGHWAY S STE 100 KENT WA 98032 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 135000 ZENO 3815 S OTHELLO ST STE 100 359 SEATTLE WA 98118 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50000 ZENO 3815 S OTHELLO ST STE 100 359 SEATTLE WA 98118 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 375 7922468 CHILD CARE AWARE OF WASHINGTON 1001 PACIFIC AVENUE SUITE 400 TACOMA WA 98402 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 150000 MULTICULTURAL CHILD AND FAMILY HOPE CENTER 2021 S 19TH ST TACOMA WA 98405 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 75000 ONEAMERICA 1225 S WELLER STREET SUITE 430 SEATTLE WA 98144 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 75000 START EARLY 33 WEST MONROE STREET SUITE 1200 CHICAGO IL 60603 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 300000 UNITED WAY OF KING COUNTY 720 2ND AVENUE SEATTLE WA 981041702 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 1950000 WASHINGTON COMMUNITY ALLIANCE PO BOX 28334 SEATTLE WA 98118 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 75000 WASHINGTON PROGRESS FUND 1511 3RD AVENUE SUITE 300 SEATTLE WA 98101 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50000 WINDWARD FUND 1201 CONNECTICUT AVENUE NW SUITE 300 WASHINGTON DC 200362656 N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100000 2775000 14 1120270 18 3326 18 -28076 0 1095520 0 1095520 0 0 0 0 0 0 0 0 0 0 X X 1 CHRIS AND HEIDI STOLTE 217 1ST AVE S BOX 4339 SEATTLE WA 98194 9943716 X X 1 43,700 SHS SALESFORCE STOCK 9943716 2023-07-18 ACCOUNTING FEES 39163 39163 0 SEE ELECTION STATEMENT ATTACHED. FORM 990-PF, PART XII, LINE 7 - OUT OF CORPUS ELECTION ELECTION UNDER REGS. SECTION 53.4942(A)-3(D)(2) TO TREAT EXCESS QUALIFYING DISTRIBUTIONS AS DISTRIBUTIONS OUT OF CORPUS.PURSUANT TO INTERNAL REVENUE CODE SECTION 4942(H) AND TREASURY REGULATIONS SECTION 53.4942(A)-3(D)(2), THE TAXPAYER HEREBY ELECTS TO TREAT $9,943,716 OF QUALIFYING DISTRIBUTIONS NOT USED FOR ANY OTHER PURPOSE AS BEING MADE OUT OF CORPUS AS REPORTED ON LINE 7 OF PART XII.PURSUANT TO INTERNAL REVENUE CODE SECTION 4942(H) AND TREASURY REGULATIONS SECTIONS 53.4942(A)-3(C)(2) AND (D)(2), THE TAXPAYER HEREBY ELECTS TO SATISFY THE REQUIREMENTS OF IRC SECTION 170(B)(1)(F)(II) TO TREAT AS CURRENT DISTRIBUTION OUT OF CORPUS AN ADDITIONAL $3,639,396 FROM TAX YEAR 2020 AND $6,304,320 FROM TAX YEAR 2021 WHICH WERE PREVIOUSLY DISTRIBUTED INCOME AND NOT USED FOR ANY OTHER PURPOSE. THE TAXPAYER HEREBY ELECTS TO TREAT SUCH AMOUNT AS A DISTRIBUTION OUT OF CORPUS UNDER TREASURY REGULATIONS SECTION 53.4942(A)-3(C)(2). THE TAXPAYER IS ALLOWED TO MAKE SUCH ELECTIONS BECAUSE (1) SUCH AMOUNT WAS A QUALIFYING DISTRIBUTION BY THE PRIVATE FOUNDATION UNDER IRC SECTION 4942, (2) SUCH QUALIFYING DISTRIBUTION OCCURRED WITHIN THE PRECEDING FIVE YEARS, AND (3) SUCH QUALIFYING DISTRIBUTION WAS NOT LATER AVAILED OF FOR ANY OTHER PURPOSE. THE TAXPAYER MADE CUMULATIVE QUALIFYING DISTRIBUTIONS OUT OF CORPUS IN THE AMOUNT OF $9,943,716 WHICH IS THE AMOUNT REPORTED ON PART XII LINE 7. THIS IS AN AMOUNT EQUAL TO 100% OF ALL CONTRIBUTIONS RECEIVED BY THE TAXPAYER DURING TAX YEAR 2023. THE TAXPAYER ALSO HAS NO UNDISTRIBUTED INCOME UNDER INTERNAL REVENUE CODE SECTION 4942(A). AS SUCH, THE TAXPAYER MEETS THE REQUIREMENTS OF INTERNAL REVENUE CODE SECTION 170(B)(1)(A)(VII), 170(B)(1)(F)(II), AND 4942(H) AS A FOUNDATION QUALIFYING FOR THE INCREASED CHARITABLE CONTRIBUTION LIMITS GENERALLY AFFORDED TO PUBLIC CHARITIES. AMERIPRISE FINL INC FXD RT SR NT B/E DTD CLB 2.875 % DUE 119654 119654 AMERISOURCEBERGEN 2.7%31 DUE 03/15/31 87847 87847 AMGEN INC FXD RT SR NT B/E DTD CLB 95598 95598 AT&T INC SR GLBL NT 4.8% 06/15/2044 91424 91424 BANK NEW YORK INC MEDIUM TERM SR NTS FXD RT NTS SER G 98234 98234 CAPITAL ONE FINL CORP FXD RT SR NT B/E DTD CLB 3.20 % 122014 122014 EXPRESS SCRIPTS HLDG CO GTD FXD RT SR NT B/E DTD CLB 123564 123564 GOLDMAN SACHS GROUP INC FXD RT SR NT B/E DTD CLB 3.85 % 48638 48638 HOME DEPOT INC FXD RT NOTES B/E DTD CLB 123084 123084 INTERNATIONAL BUSINESS MACHS CORP FXD RT SR NT B/E DTD 3 48716 48716 JP MORGAN CHASE & CO SR GLBL NT 4.85% 02/01/2044 49184 49184 MERCK & CO INC NEW FXD RT SR NT B/E DTD CLB 192386 192386 METLIFE INC FXD RT SR NT B/E DTD 3.60 % 99438 99438 MORGAN STANLEY VAR 25 DUE 10/21/25 96068 96068 NORTHERN TR CORP FXD RT SR NT B/E DTD CLB 94262 94262 NVIDIA CORP NT B/E DTD CLB 170208 170208 ORACLE CORP FXD RT NT B/E DTD CLB 3.40 % 49414 49414 PRUDENTIAL FINL INC MTNS BOOK FR 3.878% 03/27/2028 79001 79001 SCHWAB CHARLES CORP NEW FXD RT SR NT B/E DTD CLB 56318 56318 SOUTHWEST AIRLS CO FXD RT NT B/E DTD CLB 94378 94378 STATE STR CORP SR NT B/E DTD 3.30 % 49185 49185 TARGET CORP FXD RT NOTE B/E DTD CLB 96323 96323 THE ALLSTATE COR 0.75%25 DUE 12/15/25 193656 193656 VERIZON COMMUNICATIONS INC FXD RT NTS B/E DTD CL 98484 98484 PAX HIGH YIELD BOND FUND INSTITUTIONAL CLASS 2416015 2416015 BANK OF NOVA SCOTIA B C SR NT B/E DTD 94773 94773 ABBOTT LABORATORIES 449746 449746 ABBVIE INC. 147531 147531 ACCENTURE PLC 584967 584967 ACUITY BRANDS, INC. 198275 198275 ADOBE SYSTEMS 276822 276822 ADVANCED DRAINAGE SYSTEM INC 36848 36848 ADVANCED MICRO DEVICES, INC. 276983 276983 AECOM 84481 84481 AFLAC INCORPORATED 121028 121028 ALEXANDRIA REAL ESTATE EQUITIES, INC. 50074 50074 ALPHABET INC CLASS A 1100059 1100059 AMAZON.COM, INC. 722627 722627 AMERICAN EXPRESS COMPANY 121209 121209 AMERICAN HOMES 4 RENT 29128 29128 AMERICOLD RLTY TR COM 6720 6720 AMERISOURCEBERGEN CORPORATION 58739 58739 AMGEN INC. 66245 66245 APPLE INC. 2043706 2043706 APPLIED MATERIALS INC. 71473 71473 APTARGROUP INC. 90119 90119 AUTODESK INC COM 121740 121740 AUTOMATIC DATA PROCESSING, INC. 148635 148635 AVERY DENNISON CORPORATION 67319 67319 AVNET, INC. 17539 17539 BAKER HUGHES A GE CO CL A 475546 475546 BALL CORPORATION 94160 94160 BANK OF AMERICA CORPORATION 323939 323939 BANK OF NEW YORK MELLON CORPORATION 117581 117581 BEST BUY CO., INC. 46263 46263 BLOCK INC CL A 62731 62731 BOSTON PROPERTIES, INC. 169601 169601 BOSTON SCIENTIFIC CORPORATION 99549 99549 BRIXMOR PROPERTY GROUP INC 30321 30321 BROADCOM INC 177484 177484 BROADRIDGE FINANCIAL SOLUTIONS INC. 18518 18518 BUNGE GLOBAL SA CMN 53403 53403 CARDINAL HEALTH, INC. 75802 75802 CATERPILLAR INC 115311 115311 CBRE GROUP 16663 16663 CBS CORP-CLASS A VOTING 14883 14883 CHURCH & DWIGHT CO., INC. 34231 34231 CIGNA CORP 86242 86242 CISCO SYSTEMS, INC. 247497 247497 CITIZENS FINANCIAL GROUP INC 48152 48152 COLGATE-PALMOLIVE COMPANY 138137 138137 COMCAST CORPORATION 168472 168472 CORTEVA INC COM 71353 71353 COUSINS PPTYS INC COM NEW 43343 43343 CUMMINS INC. 273829 273829 CVS HEALTH CORP 15871 15871 DANAHER CORPORATION 224400 224400 DARLING INGREDIENTS, INC 113286 113286 DECKERS OUTDOOR CO 107617 107617 DEERE & COMPANY 12396 12396 DELL TECHNOLOGIES INC - CL C 103964 103964 DENTSPLY SIRONA INC COM 38544 38544 DIGITAL REALTY TRUST INC 150864 150864 DOORDASH INC CL A 19877 19877 EASTGROUP PROPERTIES, INC. 17253 17253 EBAY INC. 105386 105386 ECOLAB INC. 294153 294153 EDISON INTERNATIONAL 424508 424508 ELEVANCE HEALTH 232008 232008 ELI LILLY AND COMPANY 342757 342757 ENPHASE ENERGY INC COM 27617 27617 EQUINIX, INC. 122419 122419 EQUITY LIFESTYLE PROPERTIES INC 27722 27722 ESSEX PROPERTY TRUST, INC. 43390 43390 ETSY INC COM 82509 82509 EXTRA SPACE STORAGE INC. 54673 54673 FEDERAL REALTY INVESTMENT TRUS CMN 62551 62551 FIRST SOLAR INC 78387 78387 FMC CORPORATION 240220 240220 FORTINET INC 15979 15979 GAMING AND LEISURE PROPERTIES INC 26846 26846 GENERAL DYNAMICS CORPORATION 15321 15321 GENERAL ELECTRIC COMPANY COM 406246 406246 GENERAL MILLS, INC. 56542 56542 GENERAL MOTORS COMPANY 107616 107616 GILEAD SCIENCES, INC. 121920 121920 GRAINGER W W INC 220432 220432 HASBRO INC 44729 44729 HEALTHCARE REALTY TRUST INC 3394 3394 HEALTHPEAK PPTYS INC 11623 11623 HENDERSON GROUP PLC REGISTERED SHS 15286 15286 HERSHEY CO (THE) 59288 59288 HEWLETT PACKARD ENTERPRISE CO COM 77412 77412 HONEYWELL INTERNATIONAL INC. 190417 190417 HOST HOTELS & RESORTS INC 33411 33411 HP INC COM 189206 189206 ILLINOIS TOOL WORKS INC. 19122 19122 ILLUMINA INC 69202 69202 INTEL CORP COM 177031 177031 INTERNATIONAL BUSINESS MACHINES CORPORATION 89298 89298 INTUIT INC 355642 355642 INVITATION HOMES INC 18863 18863 IRON MOUNTAIN INCORPORATED 28272 28272 JACOBS ENGINEERING GROUP INC CMN 120325 120325 JOHNSON & JOHNSON 340283 340283 JPMORGAN CHASE & CO. 196466 196466 KBR INC 117580 117580 KIMCO REALTY CORPORATION 29259 29259 LAS VEGAS SANDS CORP 8759 8759 LOCKHEED MARTIN CORPORATION 8612 8612 LOWES COMPANIES, INC. 6899 6899 LUCID GROUP INC COM 26043 26043 LYFT INC CL A 18018 18018 MANPOWERGROUP INC 17324 17324 MASTERCARD INCORPORATED 444850 444850 MCCORMICK & COMPANY, INCORPORATED 37426 37426 MCKESSON CORPORATION 210193 210193 MEDTRONIC PLC 91771 91771 MERCK & CO., INC 409915 409915 META PLATFORMS INC. 579433 579433 MGM RESORTS INTERNATIONAL 51650 51650 MICROSOFT CORPORATION 2138163 2138163 MOODYS CORP 316354 316354 MOTOROLA SOLUTIONS INC 48529 48529 NASDAQ INC 42268 42268 NATIONAL STORAGE AFFILIATES TR COM SHS BEN INT 5059 5059 NET LEASE OFFICE PROPERTIES CMN 296 296 NETFLIX, INC. 108574 108574 NIKE INC CL B 87290 87290 NORTHROP GRUMMAN CORPORATION 84733 84733 NORTONLIFELOCK INC 15312 15312 NVIDIA CORP 1083541 1083541 OKTA INC CL A 13489 13489 OMEGA HEALTHCARE INVESTORS, INC. 7236 7236 OMNICOM CAPITAL INC 64536 64536 ONEOK INC. 31529 31529 PAYPAL HLDGS INC COM 36478 36478 PEPSICO, INC. 47046 47046 PFIZER INC. 115649 115649 PNC FINANCIAL SERVICES GROUP INC 129455 129455 PRINCIPAL FINANCIAL GROUP 64588 64588 PROLOGIS INC. 352845 352845 PRUDENTIAL FINANCIAL, INC. 275661 275661 PUBLIC STORAGE 86010 86010 QUALCOMM INC 112233 112233 RAYTHEON TECHNOLOGIES CORP 50316 50316 REALTY INCOME CORPORATION 62473 62473 REGENCY CENTERS 37051 37051 REGENERON PHARMACEUTICALS, INC. 50063 50063 REXFORD INDUSTRIAL REALTY, INC. 35287 35287 S&P GLOBAL INC COM 280611 280611 SALESFORCE.COM, INC. 351029 351029 SERVICENOW INC 296019 296019 SIMON PROPERTY GROUP INC 106695 106695 SL GREEN REALTY CORP. COM USD0 9260 9260 SOLAREDGE TECHNOLOGIES INC 91728 91728 SPLUNK INC 8989 8989 STARBUCKS CORP COM 59526 59526 STATE STREET CORPORATION 4338 4338 STRYKER CORP 38630 38630 SUN COMMUNITIES, INC. 12563 12563 SUNRUN INCORPORATED 155980 155980 SYSCO CORPORATION 124979 124979 TARGET CORP COM 155523 155523 TECHNIPFMC LIMITED 71739 71739 TESLA INC 327994 327994 THE ALLSTATE CORPORATION 9239 9239 THE BOEING COMPANY 88103 88103 THE CHARLES SCHWAB CORPORATION 23942 23942 THE CLOROX COMPANY 12120 12120 THE COCA-COLA COMPANY 431309 431309 THE HARTFORD FINANCIAL SERVICES GROUP, INC. 616836 616836 THE HOME DEPOT, INC. 108817 108817 THE INTERPUBLIC GROUP OF COMPANIES, INC. 29833 29833 THE KROGER CO. 79535 79535 THE PROCTER & GAMBLE COMPANY 369867 369867 THE PROGRESSIVE CORPORATION 57182 57182 THE SHERWIN-WILLIAMS COMPANY 422624 422624 THE TJX COMPANIES INC. 171672 171672 THERMO FISHER SCIENTIFIC INC 106689 106689 TRACTOR SUPPLY CO 19353 19353 TRAVELERS COMPANIES, INC. 45527 45527 UBER TECHNOLOGIES INC 112858 112858 UDR INC 39209 39209 UNITED HEALTH GROUP INCORPORATED 408014 408014 UNIVERSAL DISPLAY 83007 83007 VALERO ENERGY CORPORATION 15080 15080 VENTAS INC. 37530 37530 VERALTO CORP COM 329 329 VERIZON COMMUNICATIONS INC. 201997 201997 VERTEX PHARMACEUTICALS INCORPORATED 87481 87481 VICI PPTYS INC COM 49350 49350 VISA INC 613905 613905 VORNADO REALTY TRUST 87490 87490 WAL-MART STORES, INC. 39885 39885 WALGREENS BOOTS ALLIANCE, INC. 16005 16005 WEATHERFORD INTL PLC ORD SHS NEW 20153 20153 WELLS FARGO & COMPANY 17375 17375 WELLTOWER INC 71324 71324 WEYERHAEUSER COMPANY 227500 227500 WILLIAMS-SONOMA, INC. 98065 98065 WORKDAY INC 82542 82542 XYLEM, INC. 249534 249534 YUM BRANDS INC 246425 246425 ZOETIS INC. 15395 15395 COMMUNITY HEALTHCARE TR INC COM 2238 2238 DIAMONDROCK HOSPITALITY CO COM 2554 2554 EQUITY COMWLTH COM SH BEN INT 5568 5568 FOUR CORNERS PPTY TR INC COM 1771 1771 HUDSON PAC PPTYS INC COM 74322 74322 ISHARES CORE S&P SMALL-CAP ETF 2565525 2565525 JBG SMITH PPTYS COM 17656 17656 KB HOME 403179 403179 LEXINGTON REALTY TRUST 6349 6349 MACK-CALI REALTY CORPORATION 2108 2108 ORMAT TECHNOLOGIES 275572 275572 PARAMOUNT GROUP INC 20566 20566 PEBBLEBROOK HOTEL TRUST 1566 1566 PHYSICIANS RLTY TR 16491 16491 SITE CTRS CORP COM NEW 9827 9827 SUNPOWER CORPORATION 5347 5347 TANGER FACTORY OUTLET CENTERS INC COM 9647 9647 TERRENO REALTY COR 2068 2068 THE MACERICH COMPANY 3888 3888 UNIVERSAL HLTH RLT 5579 5579 URBAN EDGE PROPERTIES 2708 2708 DOMINI IMPACT INTERNATIONAL EQUITY FUND INSTITUTIONAL CLASS 1470582 1470582 ISHARES TR MSCI EAFE ESG OPTIMIZED ETF 2001810 2001810 CALVERT EMERGING MARKETS 979696 979696 AVALONBAY COMMUNITIES, INC. 265291 265291 EMPIRE ST RLTY TR INC CL A 12636 12636 EQUITY RESIDENTIAL PROPERTIES TRUST 57123 57123 KILROY REALTY CORPORATION 248960 248960 MID-AMERICA APARTMENT COMMUNITIES, INC. 14253 14253 STAG INDUSTRIAL, INC. 6360 6360 W. P. CAREY INC 16462 16462 VANGUARD SHORT-TERM INVESTMENT-GRADE FUND ADMIRAL SHARES 2043956 2043956 VANGUARD ULTRA- SHORT-TERM BOND FUND ADMIRAL CLASS 603122 603122 6301972 6301972 0 0 AXIOM LEARNING LLC FMV 171000 171000 WESTCLIFF HOLDINGS LLC FMV 302188 302188 BRIDGE MULTIFAMILY IV ASP FUND FMV 2057013 2057013 RIVERSIDE CAPITAL APPRECIATION VII ASP FUND FMV 855454 855454 STRATEGIC PARTNERS VII ASP FUND FMV 2724373 2724373 KKR EUROP V ASP FUND FMV 948703 948703 LEGAL FEES 18143 0 18143 PROGRAM RELATED INVESTMENTS 3668000 5000000 5000000 PREPAID FEDERAL TAXES 129001 129001 ADMINISTRATION/ OFFICE EXPENSE 2064 0 2064 COMMUNICATIONS EXPENSE 73605 0 73605 PHILANTHROPIC CONSULTING FEES 134974 0 134974 DUES & SUBSCRIPTIONS 11724 0 11724 INVESTMENT ADVISOR FEES 142722 143126 0 INSURANCE 6892 1500 5392 OTHER DEDUCTIONS FROM LLCS 0 59920 0 GRANT ADMIN FEES 39016 0 39016 TECHNOLOGY 11581 0 11581 EDUCATION AND TRAINING 1887 0 1887 MEALS AND ENTERTAINMENT 4263 0 2131 EDUCATION COHORT STIPENDS 13500 0 13500 OTHER EVENTS 5082 0 5082 GRANTEE EVENTS 2435 0 2435 OTHER DEDUCTIONS 19 0 0 OTHER PORTFOLIO INCOME 3326 -9657 3326 UNREALIZED GAIN 6938326 CREDIT CARD PAYABLE 1647 1256 FOREIGN TAXES 16 0 0 PAYROLL TAXES 0 3383 0