2025-11-17T15:07:26-06:00 2024-12-31 251637458 LOUIS PLUNG & COMPANY LLP 20 STANWIX ST SUITE 901 PITTSBURGH PA 15222 990PF 2024-01-01 205892956 FOUNDATION FOR ADVANCEMENT OF RESEARCH IN FINANCIAL ECONOMICS-C/O DR C SPATT FOUN 4122688834 1714 BEECHWOOD BOULEVARD PITTSBURGH PA 15217 CHESTER SPATT TREASURER 4122688834 2025-11-17 1 1 LOUIS PLUNG P00323233 4122818771 2024 2025-03-06 01:10:19Z X 887166 X 0 X 5 5 16492 16492 24762 68844 24762 41259 41259 0 0 0 8550 8550 0 278 278 0 8828 8828 0 0 0 8828 8828 0 32431 32431 17599 81584 81584 606879 575317 804176 136610 1406 1406 761088 658307 887166 163 163 163 163 X 0 0 0 0 760925 658144 760925 658144 761088 658307 760925 32431 0 793356 135212 658144 VANGUARD TOTAL INTL STOCK P 2024-01-01 2024-12-16 4803 4795 8 8 VANGUARD TOTAL STOCK MARKET P 2024-01-01 2024-12-16 8719 7679 1040 1040 VANGUARD TOTAL WORLD STOCK P 2023-01-01 2024-12-20 47999 31020 16979 16979 ORACLE CORP P 2023-01-01 2024-12-20 7323 588 6735 6735 24762 451 0 451 0 451 1406 0 0 0 1406 0 955 955 0 0 0 0 0 0 0 0 0 0 0 1 1 CA 1 0 0 0 0 1 WWW.FARFE.ORG DR CHESTER SPATT 4122688834 CARNEGIE MELLON UNIVERSITYTEPPER QUAD 4765 FORBES AVE PITTSBURGH PA 15213 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ADRIANO RAMPINI DUKE UNIVERSITY 2138 CAMPUS DR DURHAM NC 27708 PRESIDENT 1.00 0 0 0 ISIL EREL OHIO STATE UNIVERSITY 281 W LANE AVE COLUMBUS OH 43210 DIRECTOR 0.25 0 0 0 CHESTER SPATT CARNEGIE MELLON U- TEPPER QUAD 4765 FORBES AVE PITTSBURGH PA 15213 TREASURER 1.00 0 0 0 STAVROS PANAGEAS UCLA110 WESTWOOD PLAZA LOS ANGELES CA 90024 SECRETARY 1.00 0 0 0 DIMITRIS PAPANIKOLAOU KELLOGG GRADUATE SCHOOL OF MANAGEMENT NORTHWESTERN UNIVERSITY EVANSON IL 60208 DIRECTOR 0.25 0 0 0 NIKOLAI ROUSSANOV UNIVERSITY OF PENNSYLVANIA PHILADELPHIA PA 19104 DIRECTOR 0.25 0 0 0 NONE 0 NONE 0 0 773130 20836 1406 795372 0 0 795372 11931 783441 39172 39172 451 451 38721 0 38721 0 38721 0 0 0 38721 0 0 58144 9241 31167 98552 0 0 0 0 0 0 38721 38721 59831 0 0 0 0 0 0 19423 40408 9241 31167 X 0 0 14 5 14 16492 24762 0 16497 24762 41259 3 THESE ACTIVITIES WILL ENABLE THE ORGANIZATION TO CARRY OUT ITS MISSION - THE AWARD OF THE STEPHEN A ROSS PRIZE IN FINANCIAL ECONOMICS, WHICH IS A BIENNIAL AWARD OF $50,000 TO HONOR A PUBLISHED PAPER IN FINANCIAL ECONOMICS. 4 SAME 0 0 0 0 0 0 0 0 0 0 ACCOUNTING FEES 8550 8550 0 VANGUARD TOTAL WORLD STOCK 277898 347915 VANGUARD RUSSELL 1000 14722 34674 ISHARES CORE S&P 500 11737 32377 SPDR S&P 500 12896 62269 VANGUARD 500 INDEX 2661 6255 VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND 102088 109118 VANGUARD TOTAL STOCK MARKET FUND 153315 211568 PREPAID TAXES 1406 1406 1406 UNREALIZED APPRECIATION/DEPRECIATION IN SECURITIES 135204 0 0 UNREALIZED APPRECIATION/DEPRECIATION IN SECURITES 135212 ADVANCE PAYABLE 163 163 FOREIGN TAXES PAID 278 278 0