2025-11-14T13:48:28-06:00 2024-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990PF 2024-01-01 541738281 THE VOLGENAU FOUNDATION VOLG 7039887973 8300 GREENSBORO DRIVE 950 MCLEAN VA 22102 ERNST VOLGENAU PRESIDENT 7039887973 2025-11-14 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2024 2025-03-06 01:10:19Z X 166183467 X 16000000 41037 41037 1184704 1184704 8083 8083 8083 6600783 8859746 6600783 3331880 -1021066 27166487 6813541 620800 0 601300 40147 0 40147 9156 0 9156 19846 82267 0 79592 340080 6000 106110 19426 0 19426 163221 2955 53501 6299 0 67155 0 91742 43235 0 43644 127 0 127 664323 1081696 40108 2056236 1090651 1104699 13446628 13446628 15502864 1090651 14551327 11663623 5722890 5094298 1416423 1416423 8083 29204 8083 8083 7604 7705 7705 64684 14461288 14461288 99772186 96688128 96688128 1573010 184413 1394896 1388597 1388597 48261239 52213243 52213243 154624111 166183467 166183467 48215 49584 105361 15383 153576 64967 X 154470535 166118500 154470535 166118500 154624111 166183467 154470535 11663623 0 166134158 15658 166118500 FROM INVESTMENT STATEMENTS P 2024-01-01 2024-12-31 2258963 2258963 0 0 CUMBERLAND FOREST K-1 1231 GAIN P 2024-01-01 2024-12-31 814154 814154 814154 FROM PROVIDENCE PARTNERSHIPS P 2024-01-01 2024-12-31 570891 570891 570891 FROM PROVIDENCE PARTNERSHIPS P 2024-01-01 2024-12-31 5215738 5215738 5215738 6600783 79548 0 79548 0 79548 51038 0 50000 0 101038 0 21490 21490 0 0 0 0 0 0 0 0 0 1 1 0 1 1 CA NJ VA 1 0 0 0 0 1 WWW.VOLGENAUFOUNDATION.ORG JENNIFER VOLGENAU WILEY 7039887973 8300 GREENSBORO DRIVE NO 950 MCLEAN VA 22102 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 ERNST VOLGENAU 8300 GREENSBORO DRIVE 950 MCLEAN VA 22102 PRESIDENT 4.00 0 0 0 LISA VOLGENAU 8300 GREENSBORO DRIVE 950 MCLEAN VA 22102 DIRECTOR AND VP, ENVIRONMENT 20.00 72683 0 0 LAUREN VOLGENAU-KNAPP 8300 GREENSBORO DRIVE 950 MCLEAN VA 22102 DIRECTOR AND VP, ENVIRONMENT 20.00 72683 0 0 JENNIFER VOLGENAU WILEY 8300 GREENSBORO DRIVE 950 MCLEAN VA 22102 DIRECTOR AND VP, ADMINISTRATION 20.00 72683 0 0 CHRIS DECARDY 8300 GREENSBORO DRIVE 950 MCLEAN VA 22102 BOARD MEMBER 2.00 16000 0 0 JONATHAN KALEDIN 8300 GREENSBORO DRIVE 950 MCLEAN VA 22102 BOARD MEMBER/EXECUTIVE VP 35.00 177500 0 0 ANDREA PEARL 8300 GREENSBORO DRIVE 950 MCLEAN VA 22102 EXECUTIVE DIRECTOR 40.00 209251 9156 0 NONE 0 SRT CONSULTING 792 BAY ST SAN FRANCISCO CA 94109 CONSULTING SERVICES 82700 GRF CPAS & ADVISORS 4550 MONTGOMERY AVE 800N BETHESDA MD 20814 ACCOUNTING SERVICES 67447 0 DEMONSTRATING CONSERVATION VALUES AT PHILLIPS CREEK FARM: - CONSERVATION EASEMENTS AT PHILLIPS CREEK FARM (PCF): TVF UNDERTAKES ONGOING LANDSCAPE RESTORATION ACTIVITIES AT PCF. - SUPPORT FOR ENVIRONMENTAL NONPROFITS (AND GRANTEES): TVF MAKES PHILLIPS CREEK FARM AVAILABLE FOR USE BY LOCAL NONPROFITS FOR THEIR CONSERVATION, EDUCATION, AND FUNDRAISING PROGRAMS. TVF INVITES ITS GRANTEES AND OTHER NONPROFIT ORGANIZATIONS TO USE PCF AS A MEETING AND DEMONSTRATION SITE. 16782 ENHANCING CONSERVATION PHILANTHROPY: TVF FOSTERS COLLABORATION AMONG CONSERVATION FUNDERS FOR MAXIMUM IMPACT. - TVF IS CO-FOUNDER (WITH THE LAND FAMILY FOUNDATION) OF THE NORTHERN VIRGINIA ENVIRONMENTAL FUNDERS ORGANIZATION. IN 2024 WE HOSTED THREE EDUCATIONAL MEETINGS OF THE ORGANIZATION WITH PRESENTATIONS BY SUBJECT MATTER EXPERTS. WE ALSO HOSTED A MEETING AT WHICH GRANTEES WERE INVITED TO MAKE PRESENTATIONS AND MEET OUR MEMBER FOUNDATIONS.- TVF PARTICIPATES IN COLLABORATIVE EFFORTS AMONG FUNDERS, INCLUDING THE ENVIRONMENTAL GRANTMAKERS ASSOCIATION, BLUE SKY FUNDERS NETWORK, AND THE CHESAPEAKE BAY FUNDERS NETWORK. 24490 BOARD AND STAFF EDUCATION AND ENGAGEMENT:- BOARD MEMBERS ATTEND EDUCATIONAL CONFERENCES AND LOCAL MEETINGS BY ASSOCIATIONS AND PARTNERS.- BOARD MEMBERS SERVE ON LOCAL ASSOCIATION COMMITTEES AND FUNDERS GROUPS.- TVF HOSTS SUBJECT MATTER EXPERTS ON VARIOUS CONSERVATION ISSUES FOR BOARD EDUCATION. - BOARD AND STAFF MEMBERS PARTICIPATE IN WEBINARS AND TRAININGS. 8761 INVESTMENT IN CUMBERLAND FOREST LIMITED PARTNERSHIP: THE FOUNDATION MADE INVESTMENTS IN A LIMITED PARTNERSHIP, CUMBERLAND FOREST LIMITED PARTNERSHIP. THE PARTNERSHIP WAS FORMED IN 2020 TO ACQUIRE AND OPERATE 253,000 ACRES OF WORKING FOREST LAND IN THE CENTRAL APPALACHIANS AND CLOSED ON TWO PROPERTIES LOCATED IN VIRGINIA AND KENTUCKY/TENNESSEE.DURING THE CURRENT YEAR THERE WAS NO NEW NET INVESTMENT IN THE PROJECT, BUT WORK CONTINUES ON THE PROJECT. 0 0 6099457 860514 98724157 105684128 0 0 105684128 1585262 104098866 5204943 5204943 79548 40826 120374 5084569 0 5084569 0 5084569 14551327 0 0 14551327 5084569 0 0 7561711 13154887 7151194 7143425 8044696 43055913 14551327 0 0 0 5084569 9466758 0 0 52522671 0 0 0 0 0 0 7561711 44960960 13154887 7151194 7143425 8044696 9466758 ERNST VOLGENAU X ALASKA CONSERVATION FOUNDATION 1227 W 9TH AVE SUITE 300 ANCHORAGE AK 99501 NONE PC ALASKA MINING IMPACTS NETWORK/NORTHERN LATITUDES PARTNERSHIP 175000 ALASKA WILDERNESS LEAGUE 122 C STREET NW SUITE 650 WASHINGTON DC 20001 NONE PC PROTECTING AMERICA'S ARCTIC 250000 AMERICAN BIRD CONSERVANCY PO BOX 249 THE PLAINS VA 20198 NONE PC SAVING IMPERILED BIRDS IN THE WEST THROUGH RESEARCH, HABITAT RESTORATION, AND STEWARDSHIP 50000 AMERICAN PRAIRIE RESERVE PO BOX 908 BOZEMAN MT 59771 NONE PC WILD SKY PROGRAM SUPPORT IN 2025 200000 APPALACHIAN TRAIL CONSERVANCY 799 WASHINGTON STREET/PO BOX 807 HARPERS FERRY WV 25425 NONE PC PRESERVING A.T. LANDSCAPE CONNECTIVITY THROUGH COLLABORATIVE CONSERVATION AND RESOURCE STEWARDSHIP 300000 ARC A PROJECT OF SEE (SOCIAL AND ENVIRONMENTAL ENTREPRENEURS) 23564 CALABASAS ROAD SUITE 201 CALABASAS CA 91302 NONE PC ENSURING SUSTAINED INVESTMENT IN THE NEXT-GENERATION OF WILDLIFE CONNECTIVITY INFRASTRUCTURE 100000 AUDUBON CALIFORNIA A STATE PROGRAM OF THE NATIONAL AUDUBON SOCIETY 225 VARICK STREET NEW YORK NY 10014 NONE PC NETWORK OF CONSERVED LANDS AND WATERS FOR BIRDS IN CALIFORNIA AND THE PACIFIC FLYWAY 100000 BISHOP JOHN T WALKER SCHOOL FOR BOYS 1801 MISSISSIPPI AVENUE SE WASHINGTON DC 20020 NONE PC GENERAL OPERATING SUPPORT/SCHOLARSHIPS 75000 CALIFORNIA MARINE SANCTUARY FOUNDATION 99 PACIFIC STREET SUITE 455 MONTEREY CA 93940 NONE PC PROTECTING BLUE WHALES AND BLUE SKIES: REDUCING SHIP STRIKE RISK ON ENDANGERED WHALES IN CALIFORNIA 85000 CALIFORNIA OCEAN ALLIANCE 9099 SOQUEL DRIVE SUITE 8 APTOS CA 95003 NONE PC TRAINING AND INSPIRING THE NEXT GENERATION OF MARINE MAMMAL SCIENTISTS 25000 CENTER FOR BIOLOGICAL DIVERSITY PO BOX 710 TUCSON AZ 85702 NONE PC SAFE PATHWAYS FOR THE FLORIDA MANATEE: POLICY AND PUBLIC EDUCATION INITIATIVE 75000 CENTER FOR LARGE LANDSCAPE CONSERVATION PO BOX 1587 BOZEMAN MT 59771 NONE PC CATALYZING LANDSCAPE CONSERVATION AND CONNECTIVITY IN THE U.S. 400000 DEFENDERS OF WILDLIFE 1130 17TH ST NW WASHINGTON DC 20036 NONE PC RECOVERING TWO ICONS OF WILD AMERICA, THE FLORIDA PANTHER AND THE MEXICAN GRAY WOLF 150000 DEFENDERS OF WILDLIFE 1130 17TH ST NW WASHINGTON DC 20036 NONE PC PROTECTING ALASKAS BIODIVERSITY AND RESTORING IMPERILED SPECIES 250000 EARTHJUSTICE 50 CALIFORNIA STREET SUITE 500 SAN FRANCISCO CA 94111 NONE PC DAM FREE BY 2030 250000 ENDANGERED SPECIES COALITION PO BOX 65195 WASHINGTON DC 20035 NONE PC ROCKY MOUNTAIN WOLF AND GRIZZLY PROTECTION AND RECOVERY 100000 FRIENDS OF KENILWORTH AQUATIC GARDENS 1550 ANACOSTIA AVE NE WASHINGTON DC 20019 NONE PC INTERGENERATIONAL BRIDGES: FOSTERING CONSERVATION EDUCATION AT KENILWORTH AQUATIC GARDENS 75000 FROM THE TOP PO BOX 845429 BOSTON MA 02284 NONE PC BE THE CHANGE: FROM THE TOP AT 25 150000 GREATER GOOD CHARITIES 301 UNION ST 21308 SEATTLE WA 98111 NONE PC HELP SAVE THE BEES 65000 GREATER YELLOWSTONE COALITION 215 S WALLACE AVENUE BOZEMAN MT 59715 NONE PC PROTECTING THE ENGINE OF THE ECOSYSTEM: GREATER YELLOWSTONE WILDLIFE MIGRATIONS 400000 INDIGENOUS LED A PROJECT OF WILD FOUNDATION 717 POPLAR AVE BOULDER CO 80304 NONE PC RISING TO THE CHALLENGE OF OUR COLLECTIVE PLANETARY CRISES: THE CASE FOR INDIGENOUS-LED CONSERVATION 300000 LAND TRUST ALLIANCECBFN 1250 H STREET NW SUITE 600 WASHINGTON DC 20005 NONE PC TO ADVANCE NATURE-BASED CLIMATE SOLUTIONS THROUGH LAND CONSERVATION 300000 LEVINE MUSIC 2801 UPTON ST NW WASHINGTON DC 20008 NONE PC SUPPORTING CLASSICAL MUSIC INSTRUCTION AND THE HONORS PROGRAM 75000 LIGHTHAWK PO BOX 2751 GRAND JUNCTION CO 81502 NONE PC ELEVATING CONSERVATION THROUGH AVIATION 50000 LIVING CLASSROOMS OF THE NATIONAL CAPITAL REGION 1417 THAMES STREET BALTIMORE MD 21231 NONE PC MARITIME E-STEM VOYAGES AND KINGMAN AND HERITAGE ISLANDS 100000 NATIONAL MARINE SANCTUARY FOUNDATION 8455 COLESVILLE RD SUITE 1275 SILVER SPRING MD 20910 NONE PC ECOLOGY & VULNERABILITY OF TOP PREDATORS IN STELLWAGEN BANK NATIONAL MARINE SANCTUARY 125000 NATIONAL MARINE SANCTUARY FOUNDATION 8455 COLESVILLE RD SUITE 1275 SILVER SPRING MD 20910 NONE PC UNDERSTANDING AND MITIGATING ANTHROPOGENIC THREATS TO OUR NATIONAL MARINE SANCTUARIES 150000 NATIONAL PARKS CONSERVATION ASSOCIATION 777 SIXTH STREET NW SUITE 700 WASHINGTON DC 20001 NONE PC PROTECTING NATIONAL PARK WILDLIFE 400000 NATIONAL SYMPHONY ORCHESTRA (NSO) OF THE JOHN F KENNEDY CENTER FOR THE PERF 2700 F ST NW WASHINGTON DC 20566 NONE PC THE NATIONAL SYMPHONY ORCHESTRAS YOUNG PEOPLES CONCERTS 150000 NATUREBRIDGE- WEST COAST 1033 FORT CRONKHITE SAUSALITO CA 94965 NONE PC NATUREBRIDGE ACCESS, GROWTH AND LEADERSHIP 350000 NEW ENGLAND AQUARIUM CENTRAL WHARF BOSTON MA 02110 NONE PC SAVING THE NA RIGHT WHALE: UNDERSTANDING AND MITIGATING ANTHROPOGENIC THREATS AND FOSTERING RECOVERY 200000 NORTHERN CHUMASH TRIBAL COUNCIL PO BOX 6533 LOS OSOS CA 93412 NONE PC CHUMASH HERITAGE NATIONAL MARINE SANCTUARY DESIGNATION 2024 100000 OREGON STATE UNIVERSITY 312 KERR ADMINISTRATION BUILDING CORVALLIS OR 97331 NONE PC CONSERVING ELUSIVE CARNIVORES IN OLD-GROWTH FORESTS THROUGH RESEARCH, EDUCATION, AND OUTREACH 25000 PEOPLE AND CARNIVORES PO BOX 6733 BOZEMAN MT 59771 NONE PC EXPANDING RESOURCES FOR EXPANDING GRIZZLY AND BLACK BEARS 125000 PIEDMONT ENVIRONMENTAL COUNCIL PO BOX 460 WARRENTON VA 20188 NONE PC RAPPAHANNOCK-RAPIDAN CONSERVATION INITIATIVE 100000 PLASTIC SOLUTIONS FUND A SPONSORED PROJECT OF ROCKEFELLER PHILANTHROPY ADVI 6 WEST 48TH ST 10TH FL NEW YORK NY 10036 NONE PC PLASTIC SOLUTIONS FUND 500000 POINT BLUE CONSERVATION SCIENCE 3820 CYPRESS DR SUITE 11 PETALUMA CA 94954 NONE PC PROTECTING ICONIC WILDLIFE 100000 POTOMAC CONSERVANCY 962 WAYNE AVENUE SUITE 540 SILVER SPRING MD 20910 NONE PC POTOMAC HEADWATERS CONSERVATION PROJECT 100000 PROJECT COYOTE PO BOX 5007 LARKSPUR CA 94977 NONE PC COEXISTING WITH CARNIVORES 100000 RIVER PARTNERS 580 VALLOMBROSA AVE CHICO CA 95926 NONE PC RESTORING CALIFORNIA RIVER CORRIDORS: ESSENTIAL HABITAT CONNECTIVITY FOR WILDLIFE RECOVERY 150000 SHARK CONSERVATION FUND A PROJECT OF ROCKEFELLER PHILANTHROPY ADVISORS 90 CHURCH STREET FLOOR 1 NEW YORK NY 10008 NONE PC PROTECTING THE WORLD'S SHARKS AND RAYS 250000 SMITHSONIAN INSTITUTE 24411 NETWORK PLACE CHICAGO IL 60673 NONE PC RESPONDING TO CONSERVATION CHALLENGES FOR THREATENED/ENDANGERED SPECIES: SWIFT FOX, RED WOLF & CORAL 150000 SMITHSONIAN INSTITUTE 24411 NETWORK PLACE CHICAGO IL 60673 NONE PC VIRGINIA GRASSLAND BIRD INITIATIVE (VGBI) 125000 SPARK THE JOURNEY 609 H STREET NE SUITE 500 WASHINGTON DC 20002 NONE PC MENTORSHIP AS A MEANS TO BUILDING SOCIAL CAPITAL FOR BLACK AND BROWN YOUNG ADULTS IN WASHINGTON DC 50000 THE CLIFTON INSTITUTE INC 6712 BLANTYRE RD WARRENTON VA 20187 NONE PC HANDS-ON EDUCATIONAL EXPERIENCES TO GET K-12 STUDENTS OUTSIDE 50000 THE CLIMATE CENTER 1275 4TH ST 191 SANTA ROSA CA 95404 NONE PC ACCELERATING NATURAL CARBON SEQUESTRATION AND CARBON REMOVAL IN CALIFORNIA 50000 THE NATURE CONSERVANCY OF CALIFORNIA 830 S STREET SACRAMENTO CA 95811 NONE PC THRIVING WETLANDS FOR BIRDS: SCIENCE TO SUPPORT IMPROVING AND EXPANDING HABITAT 100000 THE NATURE CONSERVANCY OF CALIFORNIA 830 S STREET SACRAMENTO CA 95811 NONE PC JACK AND LAURA DANGERMOND PRESERVE - THE NATURE OF DISCOVERY 250000 THE NATURE CONSERVANCY OF VIRGINIA 652 PETER JEFFERSON PARKWAY SUITE 190 CHARLOTTESVILLE VA 22911 NONE PC MIGRATORY SHOREBIRDS & COMMUNITY EDUCATION 100000 THE OCEAN FOUNDATION 1320 19TH STREET NW SUITE 500 WASHINGTON DC 20036 NONE PC OCEAN CONNECTORS: CONNECTING YOUTH FOR CONSERVATION 50000 THE WYLDLIFE FUND PO BOX 890 BUFFALO WY 82834 NONE PC POOLED MIGRATION FUND 250000 TRUSTEES FOR ALASKA 121 W FIREWEED LN SUITE 105 ANCHORAGE AK 99503 NONE PC FIGHTING CLIMATE CHANGE BY KEEPING OIL AND GAS IN THE GROUND AND PROTECTING PUBLIC LANDS IN ALASKA 175000 VIRGINIA EASTERN SHORE LAND TRUST INC PO BOX 1114 EXMORE VA 23350 NONE PC CAMPAIGN FOR RURAL LANDS AND COMMUNITIES 100000 VOLGENAU CLIMATE INITIATIVE 8300 GREENSBORO DRIVE SUITE 950 MCLEAN VA 22102 NONE PC 2 PAYMENTS TOWARD 2023 3-YEAR PLEDGE 4146628 WILDLANDS NETWORK PO BOX 243 SALT LAKE CITY UT 84110 NONE PC IMPROVING HABITAT CONNECTIVITY AND RED WOLF SCIENCE TO ADVANCE POPULATION RECOVERY 200000 WOLF HAVEN INTERNATIONAL 3111 OFFUT LAKE RD SE TENINO WA 98589 NONE PC MOVING TO COEXISTENCE: OUTREACH AND ADVOCACY PROJECT 50000 WOLF TRAP FOUNDATION FOR THE PERFORMING ARTS 1645 TRAP ROAD VIENNA VA 22182 NONE PC 2024-2025 WOLF TRAP INSTITUTE EARLY STEM/ARTS PROGRAM 100000 YELLOWSTONE SAFE PASSAGES (FISCAL SPONSOR THE COMMON GROUND PROJECT) 527 TOM MINER CREEK RD EMIGRANT MT 59027 NONE PC CAPACITY-BUILDING FOR YELLOWSTONE SAFE PASSAGES 25000 YELLOWSTONE TO YUKON CONSERVATION INITIATIVE PO BOX 157 BOZEMAN MT 59771 NONE PC PROTECTING THE ELUSIVE WOLVERINE: LARGE LANDSCAPE CONNECTIVITY AND CONSERVATION 50000 YELLOWSTONE TO YUKON CONSERVATION INITIATIVE PO BOX 157 BOZEMAN MT 59771 NONE PC GENERAL OPERATING SUPPORT - CONNECTING AND PROTECTING WILDLIFE HABITAT 400000 13446628 THE NATURE CONSERVANCY OF CALIFORNIA 830 S STREET SACRAMENTO CA 95811 NONE PC RESTORING THE KENNEBEC RIVER 250000 250000 14 41037 14 1184704 16 8083 18 6600783 PARTNERSHIP INCOME-PROVIDENCE 900099 1098715 18 -1421246 PARTNERSHIP INCOME--CUMBERLAND 110000 -374508 4028919 724207 6413361 4028919 11166487 11E PARTNERSHIP HOLDING AND CONSERVING LAND IN THE APPALACHIAS 0 0 0 0 0 0 0 0 0 0 X X 1 ERNST & SARA VOLGENAU 8302 SUMMERWOOD DRIVE MCLEAN VA 22101 16000000 X ACCOUNTING 82267 0 79592 COMPUTER EQUIPMENT 2019-05-20 1426 1426 SL 3.000000000000 0 0 COTTAGE CONSTRUCTION 1997-12-16 227627 154916 SL 39.000000000000 5837 0 EQUIPMENT 1998-04-01 6094 6094 200DB 5.000000000000 0 0 FURNITURE & FIXTURES 1997-12-12 9949 9949 200DB 7.000000000000 0 0 LAND 1997-12-12 100000 SL 39.000000000000 0 0 PHILLIPS CREEK FARM 2008-01-15 1221722 SL 39.000000000000 0 0 LEASEHOLD IMPROVEMENTS 2016-03-29 2355 2355 SL 7.000000000000 0 0 COMPUTER EQUIPMENT 2020-03-17 2173 2173 SL 3.000000000000 0 0 COMPUTER EQUIPMENT 2021-11-18 1664 1202 SL 3.000000000000 462 0 CUMBERLAND FOREST LP 4245 N FAIRFAX DR STE 100 ARLINGTON VA 22203 2024-12-31 0 THE PURPOSE OF THIS INVESTMENT IS ADVANCE SUSTAINABLE FOREST MANAGEMENT, LONG-TERM PROTECTION, CARBON SEQUESTRATION, RECREATIONAL ACCESS AND LOCAL ECONOMIC DEVELOPMENT. THE PARTNERSHIP WAS FORMED IN 2019 TO ACQUIRE AND OPERATE 253,000 ACRES OF WORKING FOREST LAND IN THE CENTRAL APPALACHIANS. IN THE CURRENT YEAR THE FOUNDATION DID NOT MAKE AN INVESTMENT INTO THE PARTNERSHIP, BUT IT IS AN ONGOING ACTIVITY WHICH THE FOUNDATION MONITORS. 0 NONE 7/15/2024 TO THE KNOWLEDGE OF THE VOLGENAU FOUNDATION, THE PARTNERSHIP HAS NOT DIVERTED ANY PORTION OF THE GRANT FUNDS FROM THE PURPOSE OF THE GRANT. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF GRANTEE'S REPORTS. PUBLICLY TRADED SECURITIES AND MUTUAL FUNDS 14461288 14461288 INVESTMENT IN LIMITED PARTNERSHIP FMV 96688128 96688128 SECURITY DEPOSITS 7379 7379 7379 INVESTMENT IN PARTNERSHIP--CUMBERLAND 48177444 52170456 52170456 RIGHT-OF-USE ASSET 76416 10924 10924 TAXES RECEIVABLE 0 24484 24484 UNREALIZED LOSS 15658 PAYROLL PROCESSING FEES 6969 0 6969 GENERAL ADMINISTRATIVE EXPENSES 165 0 166 TELEPHONE AND INTERNET 1808 0 1808 POSTAGE AND DELIVERY 137 0 137 DUES & SUBSCRIPTIONS 8761 0 8761 LICENSES AND PERMITS 1231 0 1231 SERVICE AGREEMENTS 2173 0 2173 OFFICE EQUIPMENT 2154 0 2154 MEALS 276 0 276 BANK CHARGES 955 0 955 FARM OPERATING EXPENSES 9004 0 9004 INVESTMENT EXPENSES FROM PARTNERSHIPS 624216 1081696 0 INSURANCE - D&O 1204 0 1204 OFFICE SUPPLIES 257 0 257 SOFTWARE 83 0 83 INSURANCE - UMBRELLA 4930 0 4930 CUMBERLAND FOREST K-1 LOSS 0 -1021066 0 PARTNERSHIP INCOME-PROVIDENCE -322531 -322531 PARTNERSHIP INCOME--CUMBERLAND 3654411 3654411 OPERATING LEASE LIABILITY 105361 15383 IT CONSULTING 7370 0 7370 INVESTMENT MANAGEMENT 234886 6000 0 OTHER CONSULTING 97824 0 98740 PAYROLL TAXES 48292 0 47927 PROPERTY TAXES 8529 2955 5574 EXCISE TAXES 30000 0 0 STATE AND FEDERAL UBIT TAXES 76400 0 0