2020 Impact Report & 2020 Highlights
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COVID-19 Edition: What Is Venture Sentiment Today? Executive Summary
COVID-19 Edition: What is venture sentiment today? Executive summary To understand the effects of the COVID-19 outbreak on the venture capital sector, we recently conducted a survey of venture firms to gauge investor sentiment on investment activity and fundraising. Within a few days, 427 venture firms responded, demonstrating the strong desire to share information across the venture community. Some key observations: • 81% of respondents plan to do two or fewer investments per quarter in 2020 compared to only 56% in 2019. • A majority of respondents expect valuations will drop 21%+ across stages and geographies. • Only 20% of respondents are modifying reserve targets; of those, they are boosting their reserve ratio by about 25%. • For those fundraising and planning on fundraising in 2020, nearly half of sub-$50MM funds are expecting to downward modify their fundraising target. The following pages present the findings of the survey. We hope that this helps you form a perspective on industry trends, and we look forward to hearing from you on how this aligns with your observations and strategy. Samir Kaji Senior Managing Director First Republic Bank @samirkaji Primary stage focus of 427 respondents 3 Respondents by primary investment stage 4% 17% 19% Series A/B Growth Pre-Seed 14% Seed Post-Seed 47% 83% of respondents had fund sizes of <$151MM 4 Percentage Distribution of Fund Sizes 100% 90% Median: $50MM 80% 70% 60% 53% 50% 40% 30% 30% 20% 9% 10% 8% 1% 0% 0 to 50 51 to 150 151 to 250 ≥ 251 N/A $ Million Geographic distribution of respondents 5 55% 46% 45% 35% 25% 18% 15% 11% 10% 7% 5% 5% 2% Sili con Valley Rest of USU.S. -
Congressional Record United States Th of America PROCEEDINGS and DEBATES of the 113 CONGRESS, SECOND SESSION
E PL UR UM IB N U U S Congressional Record United States th of America PROCEEDINGS AND DEBATES OF THE 113 CONGRESS, SECOND SESSION Vol. 160 WASHINGTON, THURSDAY, JANUARY 30, 2014 No. 18 House of Representatives The House was not in session today. Its next meeting will be held on Friday, January 31, 2014, at 3 p.m. Senate THURSDAY, JANUARY 30, 2014 The Senate met at 10 a.m. and was to the Senate from the President pro ahead, and I think it is safe to say that called to order by the Honorable CHRIS- tempore (Mr. LEAHY). despite the hype, there was not a whole TOPHER MURPHY, a Senator from the The legislative clerk read the fol- lot in this year’s State of the Union State of Connecticut. lowing letter: that would do much to alleviate the U.S. SENATE, concerns and anxieties of most Ameri- PRAYER PRESIDENT PRO TEMPORE, cans. There was not anything in there The Chaplain, Dr. Barry C. Black, of- Washington, DC, January 30, 2014. that would really address the kind of fered the following prayer: To the Senate: dramatic wage stagnation we have seen Let us pray. Under the provisions of rule I, paragraph 3, over the past several years among the Eternal Spirit, we don’t know all of the Standing Rules of the Senate, I hereby middle class or the increasingly dif- appoint the Honorable CHRISTOPHER MURPHY, that this day holds, but we know that a Senator from the State of Connecticut, to ficult situation people find themselves You hold this day in Your sovereign perform the duties of the Chair. -
Spectrum Newsletter (PDF)
volume 48 | winter/spring 2021 Foreword Contents We launched Spectrum to share insights from the conversations we have with clients CARES, Capital Gains and Proposition 19: 2 every day. True to its name, this newsletter includes a range of topics we know clients Your 2021 Financial Planning Guide face as they assess their financial plans. The Winter/Spring 2021 edition explores several of the questions our clients ask most Protecting Your Legacy: 7 often: Am I familiar with 2021 financial planning considerations? Should a trust Estate Planning Insights play a role in my estate planning strategy? What factors should my business consider before expanding internationally? How has wealth impacted my family’s culture and communication style? Expanding Overseas? 11 How to Start the Conversation About Going Global We hope you find this issue insightful and inspiring. It’s a privilege to serve you, Guiding Your Family Successfully 14 The First Republic Private Wealth Management team Through the Transition to Wealth CARES, Capital Gains and Proposition 19: Your 2021 Financial Planning Guide t’s 2021 and we’re all navigating an unprecedented degree of change. tax bracket. Under current law, there’s no overall cap on itemized With tax season already on the horizon, we recommend you learn more deductions (although there are limits on specific itemized deductions, about how California’s Proposition 19, updates to the CARES Act and other such as deductions for mortgage interest and for state and local taxes). Ibig changes may affect your financial profile this year. Corporate taxes: Biden’s tax plan proposes increasing the tax rate on corporate earnings to 28% and applying a 15% minimum tax on “book” Rich Scarpelli Biden’s new tax plan profits for corporations with at least $100 million of annual income. -
Illustrated and Descriptive Catalogue and Price List of Stereopticons
—. ; I, £3,v; and Descriptive , Illustrated ;w j CATALOGUE AND PRICE LIST- t&fs — r~* yv4 • .'../-.it *.•:.< : .. 4^. ; • ’• • • wjv* r,.^ N •’«* - . of . - VJ r .. « 7 **: „ S ; \ 1 ’ ; «•»'•: V. .c; ^ . \sK? *• .* Stereopticons . * ' «». .. • ” J- r . .. itzsg' Lantern Slides 1 -f ~ Accessories for Projection Stereopticon and Film Exchange W. B. MOORE, Manager. j. :rnu J ; 104 to no Franlclin Street ‘ Washington . (Cor. CHICAGO INDEX TO LANTERNS, ETC. FOR INDEX TO SLIDES SEE INDEX AT CLOSE OF CATALOGUE. Page Acetylene Dissolver 28 Champion Lantern 3g to 42 “ Gas 60 Check Valve S3 •* 1 • .• Gas Burner.... ; 19 Chemicals, Oxygen 74, 81 ** < .' I j Gas Generator.. ; 61 to 66 Chirograph 136 “ Gas Generator, Perfection to 66 64 Chlorate of Potash, tee Oxygen Chemicals 74 Adapter from to sire lenses, see Chromatrope.... 164 Miscellaneous....... 174 Cloak, How Made 151 Advertising Slides, Blank, see Miscellaneous.. 174 ** Slides 38010,387 " Slides 144 Color Slides or Tinters .^140 “ Slides, Ink for Writing, see Colored Films 297 Miscellaneous, 174 Coloring Films 134 “ Posters * *...153 " Slides Alcohol Vapor Mantle Light 20A v 147 Combined Check or Safety Valve 83 Alternating.Carbons, Special... 139 Comic and Mysterious Films 155 Allen Universal Focusing Lens 124, 125 Comparison of Portable Gas Outfits 93, 94 America, Wonders cf Description, 148 “Condensing Lens 128 Amet's Oro-Carbi Light 86 to 92, 94 " Lens Mounting 128 •Ancient Costumes ....! 131 Connections, Electric Lamp and Rheostat... 96, 97 Approximate Length of Focus 123 " Electric Stage 139 Arc Lamp 13 to 16 Costumes 130 to 152, 380 to 3S7 ** Lamp and Rheostat, How to Connect 96 Cover Glasses, see Miscellaneous ,....174 Arnold's Improved Calcium Light Outfit. -
The Storstrd Responsible Have a New on Board Tenyo, Third Officer of Collier , Sugar Story Say Adherents Blamed for Wreck of The
From San Franctsco: Sonoma. July 13. For San Francisco i 3:30 Nippon Maru. July 14. From Vancouver: Makura, July 15. For Vancouver: i l Niagara, July 14. liJ Editio KvenliiK Bulletin. Kst. 18S2. No. ',903 20 --HONOLULU, TERRITORY OP HAWAII, JULY 11, 1911. 20 PAGES PRICE FIVE CENTS Hawaiian Star, Vol. XXII. No. 6942 PAGES SATURDAY, DEMOCRATS DR. SUN TAT SEN COMMISSION KINDS THE STORSTRD RESPONSIBLE HAVE A NEW ON BOARD TENYO, THIRD OFFICER OF COLLIER , SUGAR STORY SAY ADHERENTS BLAMED FOR WRECK OF THE McCandless ..Campaign on Whereabsuts of First Provi Declaration ' That Local sional President Mooted LINER EMPRESS OF IRELAND Question Republicans Refused to Among Chinese Accept Tariff a MAY RE EN ROUTE TO Failure to Call Captain Anderson When Fog Settled Over Compromise MAINLAND AFTER FUNDS Vessel, Given as Reason for Collision in St. Lawrence -- ,.. y-:-v VETERAN CANDIDATE Local Member of Young China River That Brought Death to Almost 1000 on Night ot SURE TO RUN AGAIN of -- Investigation Board Party ""'I J?- - " May 28 Lord Mersey Member Positive Leader Was A fym Iff 4. ' Aboard Japanese Liner ' --' Makes Informal Announcement 11 . v Associated Press servlr by Federal Wireless. ?2&i&e9E&- - No Statement Whether Did Dr. Sun Vat Sen. in the d sguise QUEBEC, Canada, July 11- - The commission appointed to make a Bourbons -- Indorse Duty of a lo!y cooUe, pass through Hono- thorough' investigation of the sinking of the S, S. Empress of Ireland, in the lulu Thus1ay as a st?erago passen- St Lawrence river ht night of May 23, has placed the responsibility for ger Toyo Informal announcement of his can- in the K!sn Kaisha liner the disaster upon the Norwegian collier Storstad. -
First Republic Bank Investor Day - Day 1
THOMSON REUTERS STREETEVENTS EDITED TRANSCRIPT FRC - First Republic Bank Investor Day - Day 1 EVENT DATE/TIME: NOVEMBER 01, 2016 / 8:00PM GMT THOMSON REUTERS STREETEVENTS | www.streetevents.com | Contact Us ©2016 Thomson Reuters. All rights reserved. Republication or redistribution of Thomson Reuters content, including by framing or similar means, is prohibited without the prior written consent of Thomson Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies. NOVEMBER 01, 2016 / 8:00PM, FRC - First Republic Bank Investor Day - Day 1 CORPORATE PARTICIPANTS Shannon Houston First Republic Bank - VP, Director of IR Jim Herbert First Republic Bank - Chairman & CEO (Founding) Ken Rosen Rosen Consulting Group - Chairman Gaye Erkan First Republic Bank - EVP, CIO and Chief Deposit Officer Jason Bender First Republic Bank - EVP & COO Mike Selfridge First Republic Bank - Senior EVP & Chief Banking Officer David Lichtman First Republic Bank - EVP & Chief Credit Officer Mary Deckebach First Republic Bank - Regional MD, Los Angeles Bill Dessoffy First Republic Bank - Regional MD, New York Kellie Abreu First Republic Bank - Regional MD, San Francisco Scott Dufresne First Republic Bank - Regional MD, Boston Nancy Segreto First Republic Bank - SVP, Head of Lending Services Dale Smith First Republic Bank - EVP & CIO Roberto Rivera First Republic Bank - MD, Relationship Manager Janice Jensen First Republic Bank - President & CEO, Habitat for Humanity East Bay/Silicon Valley Scott Finder First Republic Bank - SVP, Head of Digital Channels Gayatri Brar First Republic Bank - Relationship Manager-Eagle Lending Mollie Richardson First Republic Bank - SVP, Chief Administrative Officer Bill Ward First Republic Bank - EVP, Chief BSA/AML and Security Officer Crystal Bryant First Republic Bank - VP, Chief of Staff to the Chairman & CEO PRESENTATION Shannon Houston - First Republic Bank - VP, Director of IR Hi everyone, thank you very much for joining us today for First Republic Bank's Investor Day 2016. -
Lead Bank” (2), (3) 72 First Republic – Overall (2) 71 Southwest 68 Ritz Carlton 68 Apple (4) 58 Zappos FRC Client Satisfaction 44 Airbnb Over 2X Higher Than U.S
FEDERAL DEPOSIT INSURANCE CORPORATION Washington, D.C. 20429 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): April 20, 2020 FIRST REPUBLIC BANK (Exact name of registrant as specified in its charter) California 80-0513856 (State or other jurisdiction (I.R.S. Employer of incorporation) Identification No.) 111 Pine Street, 2nd Floor San Francisco, CA 94111 (Address, including zip code, of principal executive office) Registrant’s telephone number, including area code: (415) 392-1400 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.01 par value FRC New York Stock Exchange Depositary Shares, Each Representing a 1/40th Interest in a Share of 5.70% FRC-PrF New York Stock Exchange Noncumulative Perpetual Series F Preferred Stock Depositary Shares, Each Representing a 1/40th Interest in a Share of 5.50% -
I Mmmmmmmm I I Mmmmmmmmm I M I M I Mmmmmmmmmm 5A Gross Rents
OMB No. 1545-0052 Form 990-PF Return of Private Foundation I or Section 4947(a)(1) Trust Treated as Private Foundation À¾µ¼ Do not enter social security numbers on this form as it may be made public. Department of the Treasury I Internal Revenue Service Go to www.irs.gov/Form990PF for instructions and the latest information. Open to Public Inspection For calendar year 2018 or tax year beginning 02/01 , 2018, and ending 01/31 , 20 19 Name of foundation A Employer identification number SALESFORCE.COM FOUNDATION 94-3347800 Number and street (or P.O. box number if mail is not delivered to street address) Room/suite B Telephone number (see instructions) 50 FREMONT ST 300 (866) 924-0450 City or town, state or province, country, and ZIP or foreign postal code C If exemption applicatmionm ism m m m m m I pending, check here SAN FRANCISCO, CA 94105 m m I G Check all that apply: Initial return Initial return of a former public charity D 1. Foreign organizations, check here Final return Amended return 2. Foreign organizations meeting the 85% test, checkm hem rem anmd am ttamchm m m I Address change Name change computation H Check type of organization: X Section 501(c)(3) exempt private foundation E If private foundation status was terminamtedI Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation under section 507(b)(1)(A), check here I Fair market value of all assets at J Accounting method: Cash X Accrual F If the foundation is in a 60-month terminmatIion end of year (from Part II, col. -
Consenting Financial Institutions November 2019
Consenting Financial Institutions November 2019 ➢ 1st MidAmerica Credit Union ➢ Chelsea State Bank ➢ A2B2 LLC ➢ Chestnutz ➢ Academy Bank ➢ Cheviot Savings Bank ➢ Ally Bank ➢ Circle Bank ➢ Ally Capital ➢ Citibank ➢ Amalgamated Bank ➢ Citizens Bank* ➢ American Agricultural Bank ➢ Citizens Business Bank ➢ American River Bank* ➢ City National Bank ➢ American West Bank ➢ City of Hartford ➢ America's Christian Credit Union ➢ City of Providence Dept. of Planning and ➢ Ameriprise Financial Development ➢ Ameritas Investment Partners ➢ Colorado Structures, Inc.* ➢ ANB Bank ➢ Community First Credit Union ➢ Bank Hometown ➢ Community State Bank ➢ Bank of America* ➢ Connecticut Innovations ➢ Bank of Ann Arbor ➢ Corporation ➢ Bank of Kirksville ➢ CT Dept. of Economic & Community ➢ Bank of New York Mellon Development ➢ Bank of Sullivan ➢ CTBC Bank Corporation ➢ Bank of the West* ➢ CW Capital ➢ Bank Rhode Island ➢ DECD* ➢ Bankwell ➢ Deutsche Bank* ➢ Banner Bank ➢ Dime Bank ➢ BB&T* ➢ District of Columbia Housing ➢ BBCN Bank ➢ Eagle Bank ➢ Berkshire Bank* ➢ Exchange Bank* ➢ BMO Harris Bank ➢ Fairfield County Bank* ➢ Bremer Bank ➢ Farm Credit East ➢ Bridge Bank ➢ Farmington Bank* ➢ Brookline Bank ➢ Fifth Third Bank* ➢ Business Lenders LLC ➢ First Bank of Boulder* ➢ Byzantine Diocese of Stamford ➢ First Bank of Illinois ➢ CAB Associates ➢ First Bank of Lake Forest ➢ California Bank and Trust* ➢ First Citizens Bank & Trust ➢ California Plan of Church Finance, Inc ➢ First Community Bank* ➢ Calmwater Capital ➢ First County Bank* ➢ Capital Region Development -
Geographic Names
GEOGRAPHIC NAMES CORRECT ORTHOGRAPHY OF GEOGRAPHIC NAMES ? REVISED TO JANUARY, 1911 WASHINGTON GOVERNMENT PRINTING OFFICE 1911 PREPARED FOR USE IN THE GOVERNMENT PRINTING OFFICE BY THE UNITED STATES GEOGRAPHIC BOARD WASHINGTON, D. C, JANUARY, 1911 ) CORRECT ORTHOGRAPHY OF GEOGRAPHIC NAMES. The following list of geographic names includes all decisions on spelling rendered by the United States Geographic Board to and including December 7, 1910. Adopted forms are shown by bold-face type, rejected forms by italic, and revisions of previous decisions by an asterisk (*). Aalplaus ; see Alplaus. Acoma; township, McLeod County, Minn. Abagadasset; point, Kennebec River, Saga- (Not Aconia.) dahoc County, Me. (Not Abagadusset. AQores ; see Azores. Abatan; river, southwest part of Bohol, Acquasco; see Aquaseo. discharging into Maribojoc Bay. (Not Acquia; see Aquia. Abalan nor Abalon.) Acworth; railroad station and town, Cobb Aberjona; river, IVIiddlesex County, Mass. County, Ga. (Not Ackworth.) (Not Abbajona.) Adam; island, Chesapeake Bay, Dorchester Abino; point, in Canada, near east end of County, Md. (Not Adam's nor Adams.) Lake Erie. (Not Abineau nor Albino.) Adams; creek, Chatham County, Ga. (Not Aboite; railroad station, Allen County, Adams's.) Ind. (Not Aboit.) Adams; township. Warren County, Ind. AJjoo-shehr ; see Bushire. (Not J. Q. Adams.) Abookeer; AhouJcir; see Abukir. Adam's Creek; see Cunningham. Ahou Hamad; see Abu Hamed. Adams Fall; ledge in New Haven Harbor, Fall.) Abram ; creek in Grant and Mineral Coun- Conn. (Not Adam's ties, W. Va. (Not Abraham.) Adel; see Somali. Abram; see Shimmo. Adelina; town, Calvert County, Md. (Not Abruad ; see Riad. Adalina.) Absaroka; range of mountains in and near Aderhold; ferry over Chattahoochee River, Yellowstone National Park. -
Members of the Advisory Council
STANFORD CENTER ON LONGEVITY MEMBERS OF THE ADVISORY COUNCIL JAMES (JIM) A. JOHNSON, COUNCIL CHAIRMAN Chairman & Chief Executive Officer, Johnson Capital Partners Jim Johnson has chaired the Advisory Council of The Stanford Center on Longevity since 2011. He is Chairman of Johnson Capital Partners and serves on the board of Goldman Sachs Group. He is the Chairman Emeritus of The Kennedy Center and The Brookings Institution. He has 105 years of combined New York Stock Exchange board experience including UnitedHealth and Target. He was Vice Chairman, Chairman and CEO, and Executive Committee Chairman of Fannie Mae; Managing Director at Lehman Brothers; Executive Assistant to Vice President Mondale; and a faculty member at Princeton University. He has a BA from the University of Minnesota and an MPA from the Woodrow Wilson School, Princeton. Jim lives in Washington and has a 30-year-old son, a Stanford alum. RODNEY ARMSTEAD Principal, Armstead & Esslinger Health Consultants Dr. Armstead is currently a Principal with Armstead & Esslinger Health Consultants, LLC focused on strategic, financial & operational planning/consultation to entities that are managing complex populations, specifically dual-eligibles (Medicare & Medicaid), patients receiving Long Term Services & Support (LTSS), Aged, Blind & Disabled (ABD) and Seniors & Persons with Disabilities (SPD) utilizing automated solutions via web to improve coordination of services, health outcomes and quality of life with sustained reduction in total medical expense trend. Prior to his current role, Dr. Armstead spent eight years with UnitedHealth Group, his last role with Optum in January 2012 to help lead the company’s initiatives focused on improving care provider collaboration, patient care quality and population health in communities. -
Consumer Account Disclosure and Agreement
Consumer Account Disclosure and Agreement Effective May 1, 2020 Personal Service Flexibility Quick Decisions Experience Responsiveness Welcome to First Republic Bank. Thank you for opening an account with us. This Account Disclosure and Agreement is designed to explain, in detail, First Republic’s deposit accounts for consumer clients and how they work for you. Please take a moment to become familiar with its contents. Our experienced Bankers are ready to answer your questions and assist you with your financial needs. We appreciate your business and are committed to keeping you a satisfied client for many years to come. First Republic Bank Consumer Account Disclosure and Agreement Table of Contents Your Account Agreement .................................................................5 Terms .............................................................................................................5 Severability ..................................................................................................5 Governing Law and Rules......................................................................5 Account Opening / Ownership / Maintenance .................6 Identification ...............................................................................................6 New Account Verification ......................................................................6 Types of Account Ownership ...............................................................6 Power of Attorney .....................................................................................8