Form 990-PF 2017

l efile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN:93491319010058 OMB No 1545-0052 Form 990-PF Return of Private Foundation Department of the Trea^un or Section 4947(a)(1) Trust Treated as Private Foundation Internal Rev enue Ser ice 2017 ► Do not enter social security numbers on this form as it may be made public. ► Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

For calendar year 2017, or tax year beginning 01 -01-2017 , and ending 12-31-2017 Name of foundation THE KAVLI FOUNDATION 77-0560142

Number and street (or P 0 box number if mail is not delivered to street address) Room/suite B Telephone number (see instructions) 5715 MESMER AVENUE (424) 353-8800 City or town, state or province, country, and ZIP or foreign postal code LOS ANGELES, CA 90230 C If exemption application is pending, check here q

G Check all that apply q Initial return q Initial return of a former public charity D 1. Foreign organizations, check here q ► q Final return q Amended return 2 Foreign organizations meeting the 85% test, check here and attach computation ► El El Address change El Name change E If private foundation status was terminated H Check typ e of org anization q Section 501(c)(3) exem p t p rivate foundation under section 507(b)(1)(A), check here ► q Section 4947(a)(1) nonexempt charitable trust q Other taxable private foundation

I Fair market value of all assets at end J Accounting method q Cash 9 Accrual F If the foundation is in a 60-month termination q of year (from Part II, col (c), under section 507(b)(1)(B), check here q ► line 16)101$ 652,144,820 Other (specify) (Part I, column (d) must be on cash basis )

Analysis of Revenue and Expenses (The total ( a) Revenue and (d) Disbursements (b) Net investment (c) Adjusted net for charitable of amounts n columns (b), (c), and (d) may not necessarily expenses per income income purposes books basis equal the amounts n column (a) (see instructions) ) (cash s only) 1 Contributions, gifts, grants, etc , received (attach 7,627,453 schedule) q 2 Check ► if the foundation is not required to attach Sch B ...... 3 Interest on savings and temporary cash investments

4 Dividends and interest from securities . . 476,545 8,828,377

5a Gross rents ...... 1,294,592 1,294,592

b Net rental income or (loss) 1,294,592 a> 6a Net gain or (loss) from sale of assets not on line 10 42,732,927

b Gross sales price for all assets on line 6a 108, 432, 611 7 Capital gain net income (from Part IV, line 2) . . . 62,182,203 8 Net short-term capital gain ...... 9 Income modifications ......

10a Gross sales less returns and allowances b Less Cost of goods sold . . . . c Gross profit or (loss) (attach schedule) . . . . .

11 Other income (attach schedule) ...... 0 1,528,880

12 Total . Add lines 1 through 11 ...... 52,131,517 73,834,052

13 Compensation of officers, directors, trustees, etc 1,110,227 75,500 1,081,356

14 Other employee salaries and wages . . . 2,258,782 50,720 1,944,014

0 15 Pension plans, employee benefits . . . 799,947 3,240 736,648

^C 16a Legal fees (attach schedule) ...... JJ 122,471 0 123,491

R. b Accounting fees (attach schedule) . . . . 30,314 829 46,800 X w c Other professional fees (attach schedule) . . . . 345,470 162,560 132,094

17 Interest

18 Taxes (attach schedule) (see instructions) 1,872,178 556,050 169,934 19 Depreciation (attach schedule) and depletion . . . 376,790 143,941

20 Occupancy ...... 44,281 0 49,186

21 Travel, conferences, and meetings . . . . 727,187 3,729 729,860 22 Printing and publications ......

23 Other expenses (attach schedule) . . . . 833,218 10,528,882 623,232

24 Total operating and administrative expenses. Add lines 13 through 23 ...... 8,520,865 11,525,451 5,636,615 25 Contributions, gifts, grants paid . . . 23,206,545 26,073,065

26 Total expenses and disbursements . Add lines 24 and 25 31,727,410 11,525,451 31,709,680 27 Subtract line 26 from line 12

a Excess of revenue over expenses and 20,404,107 disbursements b Net investment income (if negative, enter -0-) 62,308,601 c Adjusted net income (if negative, enter -0-) . . . For Paperwork Reduction Act Notice, see instructions . Cat No 11289X Form 990-PF (2017) Form 990-PF (2017) Page 2 Beginning of year End of year Balance Sheets Attached schedules and amounts in the description column ® should be for end-of-year amounts only (See instructions (a) Book Value (b) Book Value (c) Fair Market Value 1 Cash-non-interest-bearing ...... 285,641 2,208,645 2,208,645 2 Savings and temporary cash investments ...... 32,518,154 17,988,883 17,988,883

3 Accounts receivable ► 62,436 Less allowance for doubtful accounts ► 955 62,436 62,436

4 Pledges receivable ► 16,298,910 Less allowance for doubtful accounts ► 153,762,034 16,298,910 16,298,910 5 Grants receivable ...... 6 Receivables due from officers, directors, trustees, and other disqualified persons (attach schedule) (see instructions) . . . . .

7 Other notes and loans receivable (attach schedule) ► Less allowance for doubtful accounts ► ,A 8 Inventories for sale or use ...... N 9 Prepaid expenses and deferred charges ...... 74,836 91,664 91,664 Q 10a Investments-U S and state government obligations (attach schedule)

b Investments-corporate stock (attach schedule) ...... 36,640,834 0 0 c Investments-corporate bonds (attach schedule) ...... 797,243 0 0

11 Investments-land, buildings, and equipment basis ► 21,232,461

Less accumulated depreciation (attach schedule) ► 906,581 8,969,821 20,325,880 20,325,880 12 Investments-mortgage loans ......

13 Investments-other (attach schedule) ...... 371,600,828 ^J 577,865,528 577,865,528

14 Land, buildings, and equipment basis ► 17,267,001 Less accumulated depreciation (attach schedule) ► 495,386 12,717,806 16,771,615 16,771,615

15 Other assets (describe ► ) ^J 441,987 J 531,259 531,259 16 Total assets (to be completed by all filers-see the instructions Also, see page 1, item I) 617,810,139 652,144,820 652,144,820

17 Accounts payable and accrued expenses ...... 433,789 871,989

18 Grants payable ...... 58,280,853 55,394,295 o 19 Deferred revenue ...... 20 Loans from officers, directors, trustees, and other disqualified persons 21 Mortgages and other notes payable (attach schedule)......

22 Other liabilities (describe ► ) 1?j 1,469,317 9J 2,733,651 23 Total liabilities (add lines 17 through 22) ...... 60,183,959 58,999,935

Foundations that follow SFAS 117, check here a> and complete lines 24 through 26 and lines 30 and 31. U 24 Unrestricted ...... 557,626,180 593,144,885 25 Temporarily restricted 26 Permanently restricted ......

q Foundations that do not follow SFAS 117 , check here ► and complete lines 27 through 31. 27 Capital stock, trust principal, or current funds 28 Paid-in or capital surplus, or land, bldg , and equipment fund 29 Retained earnings, accumulated income, endowment, or other funds d Z 30 Total net assets or fund balances (see instructions) . 557,626,180 593,144,885

31 Total liabilities and net assets / fund balances (see instructions) 617,810,139 652,144,820 Analysis of Changes in Net Assets or Fund Balances 1 Total net assets or fund balances at beginning of year- Part II , column ( a), line 30 ( must agree with end- of-year figure reported on prior year's return ) ...... 1 557 , 626,180 2 Enter amount from Part I, line 27a ...... 2 20,404,107 3 15, 114,598 3 Other increases not included in line 2 ( itemize ) ► 4 Add lines 1 , 2, and 3 ...... I 4 593 , 144,885

5 Decreases not included in line 2 (itemize) ► 6 Total net assets or fund balances at end of year (line 4 minus line 5)-Part II, column (b), line 30 593,144,885 Form 990-PF (2017) Form 990-PF (2017) Page 3 Capital Gains and Losses for Tax on Investment Income

How acquired List and describe the kind(s) of property sold (e g , real estate, Date acquired Date sold P-Purchase 2-story brick warehouse, or common stock, 200 shs MLC Co (mo , day, yr) (mo , day, yr ) D-Donation 1 a CAPITAL GAINS - PARTNERSHIP b GAIN ON SALE OF SECURITIES C d e ( e) (f) (g) (h) Depreciation allowed Cost or other basis Gain or (loss) Gross sales price (or allowable) plus expense of sale (e) plus (f) minus (g) a 19,449,276 b 108,432,611 42,732,927 C d e Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (I) (j) (k) Gains (Col (h) gain minus ( i ) Adjusted basis Excess of col (i) col (k), but not less than -0-) or F M V as of 12/31/69 as of 12/31/69 over col (3), if any Losses (from col (h)) a 19,449,276 b 42,732,927 C d e If gain, also enter in Part I, line 7 2 Capital gain net income or (net capital loss) ) If (loss), enter -0- in Part I, line 7 2 62,182,203 3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6) If gain, also enter in Part I, line 8, column (c) (see instructions) If (loss), enter -0- in Part I, line 8 ...... i 3

Ei^ Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income (For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income )

If section 4940(d)(2) applies, leave this part blank

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? q Yes W No If "Yes," the foundation does not qualify under section 4940(e) Do not complete this part 1 Enter the appropriate amount in each column for each year, see instructions before making any entries

Base period years Calendar Distributdon ratio Adjusted qualifying distributions Net value of noncha) stable-use assets year (or tax year beginning in) (col (b) divided by col (c)) 2016 28,392,286 518,675,608 0 054740 2015 17,947,516 278,535,286 0 064435 2014 12,293,995 227,339,124 0 054078 2013 8,500,626 185,110,543 0 045922 2012 9,511,150 161,875,789 0 058756 2 Total of line 1, column (d) ...... 2 0 277931 3 Average distribution ratio for the 5-year base period-divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years ...... 3 0 055586 4 Enter the net value of noncharitable -use assets for 2017 from Part X , line 5 ...... 4 549,138,256 5 Multiply line 4 by line 3 ...... 5 30,524,399 6 Enter 11/o of net investment income (1% of Part I, line 27b) ...... 6 623,086 7 Add lines 5 and 6 ...... 7 31,147,485 8 Enter qualifying distributions from Part XII, line 4 ...... 8 36,021,006 If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1 % tax rate See the Part VI instructions Form 990-PF (2017) Form 990-PF (2017) Page 4 Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948-see instructions)

q la Exempt operating foundations described in section 4940(d)(2), check here ► and enter "N/A" on line 1 Date of ruling or determination letter ( attach copy of letter if necessary - see instructions)

b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 623,086

here ► M and enter 1% of Part I, line 27b ...... c All other domestic foundations enter 2% of line 27b Exempt foreign organizations enter 4% of Part I, line 12, col (b) 2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only Others enter -0-) 2 0 3 Add lines 1 and 2 ...... 3 623,086 4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only Others enter -0-) 4 0 5 Tax based on investment income . Subtract line 4 from line 3 If zero or less, enter -0- . . . . . 5 623,086 6 Credits/Payments a 2017 estimated tax payments and 2016 overpayment credited to 2017 6a 658,915 b Exempt foreign organizations-tax withheld at source ...... 6b c Tax paid with application for extension of time to file (Form 8868) . . . 6c d Backup withholding erroneously withheld ...... 6d 0 7 Total credits and payments Add lines 6a through 6d ...... 7 858,915 0 8 Enter any penalty for underpayment of estimated tax Check here q if Form 2220 is attached 8 9 Tax due . If the total of lines 5 and 8 is more than line 7, enter amount owed ...... ► 9 10 Overpayment . If line 7 is more than the total of lines 5 and 8, enter the amount overpaid . . . ► 10 235,829 11 Enter the amount of line 10 to be Credited to 2018 estimated tax ► 235,829 Refunded ► 11 0 Statements Regarding Activities la During the tax year, did the foundation attempt to influence any national, state, or local legislation or did Yes No it participate or intervene in any political campaign? ...... la No b Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions for definition) ? ...... lb No If the answer is "Yes" to la or 1b, attach a detailed description of the activities and copies of any materials published or distributed by the foundation in connection with the activities c Did the foundation file Form 1120 -POL for this year? ...... lc No d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year

(1) On the foundation ► $ 0 (2) On foundation managers ► $ 0 e Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers ► $ 0 2 Has the foundation engaged in any activities that have not previously been reported to the IRS? ...... 2 No If "Yes, " attach a detailed description of the activities 3 Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes . . . . 3 No 4a Did the foundation have unrelated business gross income of $1,000 or more during the year?...... 4a Yes b If "Yes," has it filed a tax return on Form 990 -T for this year? ...... 4b Yes 5 Was there a liquidation, termination, dissolution, or substantial contraction during the year? ...... 5 No If "Yes," attach the statement required by General Instruction T 6 Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either • By language in the governing instrument, or • By state legislation that effectively amends the governing instrument so that no mandatory directions that conflict with the state law remain in the governing instrument? ...... 6 Yes 7 Did the foundation have at least $5,000 in assets at any time during the year7If "Yes," complete Part II, col (c), and Part XV ...... 7 Yes 8a Enter the states to which the foundation reports or with which it is registered (see instructions)

► CA

b If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state as required by General Instruction G? If "No," attach explanation . 8b Yes 9 Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2017 or the taxable year beginning in 2017 (see instructions for Part XIV)' If "Yes, " complete Part XIV ...... 9 No 10 Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses ...... 10 No Form 990-PF (2017) Form 990-PF ( 2017) Page 5 Statements Regarding Activities ( continued) 11 At any time during the year , did the foundation , directly or indirectly, own a controlled entity within the meaning of section 512 (b)(13)7 If " Yes," attach schedule (see instructions) ...... 11 No 12 Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges? If "Yes," attach statement ( see instructions ) ...... 12 No 13 Did the foundation comply with the public inspection requirements for its annual returns and exemption application ? 13 Yes

Website address ► KAVLIFOUNDATION ORG 14 The books are in care of ' ALICE GALSTIAN Telephone no 101 (424 ) 353-8800

Located at 101 5715 MESMER AVENUE LOS ANGELES CA ZIP+ 4 10, 90230

15 q Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 -Check here ...... ► and enter the amount of tax-exempt interest received or accrued during the year ...... ► I 15 16 At any time during calendar year 2017, did the foundation have an interest in or a signature or other authority over Yes No a bank, securities, or other financial account in a foreign country? 16 No See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR) If "Yes", enter the name of the foreign country 10, Statements Regarding Activities for Which Form 4720 May Be Required File Form 4720 if any item is checked in the "Yes" column , unless an exception applies. No la During the year did the foundation (either directly or indirectly) (1) Engage in the sale or exchange, or leasing of property with a disqualified person? q Yes W No (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? ...... q Yes 0 No (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? Yes q No (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? Yes q No (5) Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? ...... q Yes q No (6) Agree to pay money or property to a government official? ( Exception . Check "No" if the foundation agreed to make a grant to or to employ the official for a period after termination of government service, if terminating within 90 days )...... q Yes W No b If any answer is "Yes" to la(1)-(6), did any of the acts fail to qualify under the exceptions described in Regulations section 53 4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ...... lb No q Organizations relying on a current notice regarding disaster assistance check here...... ► c Did the foundation engage in a prior year in any of the acts described in la, other than excepted acts, that were not corrected before the first day of the tax year beginning in 2017 ...... lc No Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private operating foundation defined in section 4942(j)(3) or 4942(j)(5)) a At the end of tax year 2017, did the foundation have any undistributed income (lines 6d and 6e, Part XIII) for tax year(s) beginning before 20177 ...... q Yes W No If "Yes," list the years ► 20- , 20- , 20- , 20- b Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income? (If applying section 4942(a)(2) to all years listed, answer "No" and attach statement-see instructions ) ...... 2b c If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here

► 20- , 20- , 20- , 20 3a Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? ...... q Yes q No b If "Yes," did it have excess business holdings in 2017 as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969, (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest, or (3) the lapse of the 10-, 15-, or 20-year first phase holding period7(Use Schedule C, Form 4720, to determine if the foundation had excess business holdings in 2017 ) ...... 3b 4a Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? No b Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2017' 4b I I No Form 990-PF (2017) Form 990-PF (2017) Page 6 Statements Regarding Activities for Which Form 4720 May Be Required (Continued) 5a During the year did the foundation pay or incur any amount to (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))7 q Yes W No (2) Influence the outcome of any specific public election (see section 4955), or to carry on, directly or indirectly, any voter registration drive? ...... q Yes 0 No (3) Provide a grant to an individual for travel, study, or other similar purposes? Yes q No (4) Provide a grant to an organization other than a charitable, etc , organization described in section 4945(d)(4)(A)? (see instructions) ...... Yes q No (5) Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?. . . • • q Yes W No b If any answer is "Yes" to 5a(1)-(5), did any of the transactions fail to qualify under the exceptions described in Regulations section 53 4945 or in a current notice regarding disaster assistance (see instructions)? ...... 5b No q Organizations relying on a current notice regarding disaster assistance check here...... ► c If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the tax because it maintained expenditure responsibility for the grant?...... Yes q No If "Yes, " attach the statement required by Regulations section 53 4945-5(d) °^j 6a Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? ...... • q Yes W No b Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? . . . . 6b No If "Yes" to 6b, file Form 8870 7a At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? q Yes W No b If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? . . . . 7b Form 990-PF (2017) Form 990-PF (2017) Page 7 Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees, KEMM and Contractors

1 List all officers , directors, trustees, foundation mana g ers and their com p ensation ( see instructions ) . Title, and average (c) Compensation (If Contributions to employee Expense account, (a) Name and address hours per week not paid , enter benefit plans and deferred (e) other allowances (b) devoted to position -0-) compensation See Additional Data Table

2 Compensation of five highest-paid employees (other than those included on line 1-see instructions). If none, enter "NONE." Contributions to (a) Title, and average employee benefit Expense account, Name and address of each employee paid hours per week (c) Compensation plans and deferred (e) other allowances more than $50,000 (b) devoted to position (d) compensation MIYOUNG CHUN EVP OF SCIENCE PROGR 437,759 37,407 0 40 00 5715 MESMER AVENUE LOS ANGELES, CA 90230 ERIC MARSHALL VP OF PPP 227,207 41,126 0 40 00 5715 MESMER AVENUE LOS ANGELES, CA 90230 CHRISTOPHER MARTIN SCIENCE PROGRAM 206,515 34,876 0 5715 MESMER AVENUE OFFI 40 00 LOS ANGELES, CA 90230 JAMES COHEN DIRECTOR OF 184,605 41,248 0 COMMUNIC 5715 MESMER AVENUE 40 00 LOS ANGELES, CA 90230 NADINE STERN KAVLI PRIZE OFFICER 142,500 39,284 0 40 00 5715 MESMER AVENUE LOS ANGELES, CA 90230

Total number of other employees paid over $50,000 ...... ► 9 3 Five highest-paid independent contractors for professional services (see instructions). If none, enter " NONE". (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation JDM CONTRACTORS GENERAL CONTRACTOR FOR BUILDING 3,495,246 IMPROVEMENTS 350 S FIGUEROA ST SUITE 580 LOS ANGELES, CA 90071 WOLCOTT ARCHITECTURE INTERIORS ARCHITECTURAL SERVICES 280,273 3859 CARDIFF AVENUE CULVER CITY, CA 90232 WEST OFFICE EXHIBITION DESIGN SPACE DESIGN CONSULTING 147,338 155 FILBERT STREET SUITE 236 OAKLAND, CA 94607 LOEB & LOEB LEGAL SERVICES 109,486 10100 SANTA MONICA BLVD SUITE 2200 LOS ANGELES, CA 90067 WONDROS FILM AND EDITORIAL SEVICES 105,590 8330 W 3RD STREET LOS ANGELES, CA 90048

Total number of others receiving over $50,000 for professional services ...... ► 10 ff^Summary of Direct Charitable Activities List the foundation's four largest direct charitable activities during the tax year Include relevant statistical information such as the number of I Expenses organizations and other beneficiaries served, conferences convened, research papers produced, etc

Summary of Program - Related Investments (see instructions) Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2 Amount 1

All other program- related investments See instructions 3

Total . Add lines 1 through 3 ...... ► 0 Form 990-PF (2017) Form 990-PF (2017) Page 8 Minimum investment Return (All domestic foundations must complete this part Foreign foundations,see instructions 1 Fair market value of assets not used (or held for use) directly in carrying out charitable, etc , purposes a Average monthly fair market value of securities ...... la 476,862,297 b Average of monthly cash balances ...... lb 26,556,707 c Fair market value of all other assets (see instructions) ...... is 54,081,764 d Total (add lines la, b, and c) ...... 1d 557,500,768 e Reduction claimed for blockage or other factors reported on lines la and 1c (attach detailed explanation) ...... le 0 2 Acquisition indebtedness applicable to line 1 assets ...... 2 0 3 Subtract line 2 from line ld ...... 3 557,500,768 4 Cash deemed held for charitable activities Enter 1 1/2% of line 3 (for greater amount, see instructions) ...... 4 8,362,512 5 Net value of noncharitable - use assets . Subtract line 4 from line 3 Enter here and on Part V, line 4 5 549,138,256 6 Minimum investment return . Enter 5% of line 5 ...... 6 27,456,913 . Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign q organizations check here ► and do not complete this part ) 1 Minimum investment return from Part X, line 6 ...... 1 27,456,913 2a Tax on investment income for 2017 from Part VI, line 5...... 2a 623,086 b Income tax for 2017 (This does not include the tax from Part VI ). . . 2b 192,041 c Add lines 2a and 2b ...... 2c 815,127 3 Distributable amount before adjustments Subtract line 2c from line 1...... 3 26,641,786 4 Recoveries of amounts treated as qualifying distributions ...... 4 0 5 Add lines 3 and 4 ...... 5 26,641,786 6 Deduction from distributable amount (see instructions ) ...... 6 0 7 Distributable amount as adjusted Subtract line 6 from line 5 Enter here and on Part XIII, line 1. . . 7 26,641,786

Qualifying Distributions (see instructions)

1 Amounts paid (including administrative expenses) to accomplish charitable, etc , purposes a Expenses, contributions, gifts, etc -total from Part I, column (d), line 26...... la 31,709,680 b Program-related investments-total from Part IX-B ...... lb 0 2 Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc , purposes ...... 2 4,311,326 3 Amounts set aside for specific charitable projects that satisfy the a Suitability test (prior IRS approval required ) ...... 3a b Cash distribution test (attach the required schedule) ...... 3b 4 Qualifying distributions . Add lines la through 3b Enter here and on Part V, line 8, and Part XIII, line 4 4 36,021,006 5 Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment income Enter 1% of Part I, line 27b (see instructions) ...... 5 623,086 6 Adjusted qualifying distributions . Subtract line 5 from line 4 ...... 6 35,397,920 Note : The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether t he foun dation qualifies for the section 4940(e) reduction of tax in those years Form 990-PF (2017) Form 990-PF (201 9 Undistributed Income (see instructions) (a) (b) (c) (d) orpus Years prior to 2016 2016 2017 1 Distributable amount for 2017 from Part XI, line 7 26,641,786 2 Undistributed income, if any, as of the end of 2017 a Enter amount for 2016 only...... 0 b Total for prior years 20- , 20- , 20- 0 3 Excess distributions carryover, if any, to 2017 a From 2012. 1,601,60 b From 2013...... c From 2014. 1,792,77 d From 2015...... 4,402,36 e From 2016. 2,791,59 f Total of lines 3a through e...... 10,588,335 4 Qualifying distributions for 2017 from Part

XII, line 4 ► $ 36,021,006 a Applied to 2016, but not more than line 2a 0 b Applied to undistributed income of prior years 0 (Election required-see instructions). . . . . c Treated as distributions out of corpus (Election 0 required-see instructions)...... d Applied to 2017 distributable amount. . . . . 26,641,786 e Remaining amount distributed out of corpus 9,379,220 5 Excess distributions carryover applied to 2017 0 0 (If an amount appears in column (d), the same amount must be shown in column (a) ) 6 Enter the net total of each column as indicated below: a Corpus Add lines 3f, 4c, and 4e Subtract line 5 19,967,555 b Prior years' undistributed income Subtract line 4b from line 2b ...... 0 c Enter the amount of prior years' undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed...... 0 d Subtract line 6c from line 6b Taxable amount -see instructions ...... 0 e Undistributed income for 2016 Subtract line 4a from line 2a Taxable amount-see instructions ...... 0 f Undistributed income for 2017 Subtract lines 4d and 5 from line 1 This amount must be distributed in 2018 ...... 0 7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) ...... 0 8 Excess distributions carryover from 2012 not applied on line 5 or line 7 (see instructions) . . . 1,601,607 9 Excess distributions carryover to 2018. Subtract lines 7 and 8 from line 6a ...... 18, 365, 948 10 Analysis of line 9 a Excess from 2013. . . . b Excess from 2014. . . . 1,792,77 c Excess from 2015. . . . 4,402,36 d Excess from 2016. . . . 2,791,59 e Excess from 2017. . . . 9,379,22 Form 990-PF (2017) Form 990-PF (201 Pace 10 Private Operating Foundations (see instructions and Part VII-A, question 9) If the foundation has received a ruling or determination letter that it is a private operating foundation , and the ruling is effective for 2017, enter the date of the ruling...... ► Check box to indicate whether the organization is a private operating foundation described in section q 4942(j)(3) or q 4942(j)(5) 2a Enter the lesser of the adjusted net Tax year Prior 3 years ( income from Part I or the minimum e) Total (a) 2017 (b) 2016 (c) 2015 (d) 2014 investment return from Part X for each year listed ...... b 85% of line 2a ...... c Qualifying distributions from Part XII, line 4 for each year listed . . . . . d Amounts included in line 2c not used directly for active conduct of exempt activities ...... e Qualifying distributions made directly for active conduct of exempt activities Subtract line 2d from line 2c . . . . 3 Complete 3a, b, or c for the alternative test relied upon a "Assets" alternative test-enter (1) Value of all assets ...... (2) Value of assets qualifying under section 4942(0)(3)(B)(i) b "Endowment" alternative test- enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed. . . c "Support" alternative test-enter (1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) . . . . (2) Support from general public and 5 or more exempt organizations as provided in section 4942(0)(3)(B)(iii). . . . (3) Largest amount of support from an exempt organization (4) Gross investment income Sunnlementarv Information ( Complete this Dart only if the organization had $5 , 000 or more in Lima" assets at any time during the year - see instructions.) 1 Information Regarding Foundation Managers: a List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation before the close of any tax year (but only if they have contributed more than $5,000) (See section 507(d)(2) ) b List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the ownership of a partnership or other entity) of which the foundation has a 10% or greater interest

2 Information Regarding Contribution , Grant, Gift, Loan , Scholarship, etc., Programs:

Check here ► 9 if the foundation only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds If the foundation makes gifts, grants, etc (see instructions) to individuals or organizations under other conditions, complete items 2a, b, c, and d

a The name, address, and telephone number or email address of the person to whom applications should be addressed

b The form in which applications should be submitted and information and materials they should include

c Any submission deadlines

d Any restrictions or limitations on awards, such as by geographical areas , charitable fields, kinds of institutions, or other factors

Form 990-PF (2017) Form 990-PF (2017) Page 11 Supplementary Information (continued) 3 Grants and Contributions Paid During the Year or Approved for Future Payment If recipient is an individual, Recipient Foundation show any relationship to Purpose of grant or status of Amount any foundation manager contribution Name and address (home or business) recipient or substantial contributor a Paid during the year See Additional Data Table Total . ► 3a 24,870,984 b Approved for future payment

Total...... ► 3b ^ 0 Form 990-PF (2017) Form 990-PF (2017) Page 12 Analysis of Income - Producing Activities

Unrelated b usiness income Excluded by sectio n 512, 513, or 514 ( e ) gross amounts unless otherwise indicated Related or exempt (a) (b) (c) (d) function income ogram service revenue Business code Amount Exclusion code Amount ( See instructions

Fees and contracts from government agencies lembership dues and assessments. . . . Interest on savings and temporary cash investments ...... iividends and interest from securities . . . . 14 476,545 let rental income or (loss ) from real estate Debt-financed property...... Not debt-financed property. . . . 16 1,294,592 Net rental income or ( loss) from personal property

>ther investment income. . . 14 Gain or ( loss) from sales of assets other than inventory ...... 18 62,182,203 let income or ( loss) from special events ;ross profit or (loss ) from sales of inventory )ther revenue a

12 S ubtotal Add columns ( b), (d), and (e). 0 63,953,340 0 13 Total . Add line 12, columns (b), (d), and ( e)...... 13 953,340 See worksheet in line 13 instructions to verify calculations Relationship of Activities to the Accomplishment of Exempt Purposes Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to Line No . the accomplishment of the foundation's exempt purposes (other than by providing funds for such purposes) (See instructions )

Form 990-PF (2017) Form 990-PF (2017) Page 13 Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations 1 Did the organization directly or indirectly engage in any of the following with any other organization described in section 501 (c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations? Yes No a Transfers from the reporting foundation to a noncharitable exempt organization of (1) Cash ...... la(1) No (2) Other assets ...... la(2) No b Other transactions (1) Sales of assets to a noncharitable exempt organization ...... lb(1) No (2) Purchases of assets from a noncharitable exempt organization ...... lb(2) No (3) Rental of facilities, equipment, or other assets ...... lb(3) No (4) Reimbursement arrangements ...... lb(4) No (5) Loans or loan guarantees ...... lb(5) No (6) Performance of services or membership or fundraising I No c Sharing of facilities, equipment, mailing lists, other assets, or paid employees ...... lc No d If the answer to any of the above is "Yes," complete the following schedule Column (b) should always show the fair market v alue of the goods, other assets, or services given by the reporting foundation If the foundation received less than fair market valu e in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received

Line No I (b) Amount involved I (c) Name of noncharitable exempt organization I (d) Description of transfers, transactions, and sharing arrangements

2a Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527? ...... q Yes No b If "Yes," complete the following schedule (a) Name of organization (b) Type of organization (c) Description of relationship

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge ign ****** 2018-11 Here

Signature of officer or trustee Date

Print/Type preparer's name Preparer's Signature

KAREN CRIES aid v' cI.c.. c. Firm ' s name 10, CLIFTONLARSONALLEN LLP Use Only Firm's address ► 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS, MN 55402 Form 990PF Part VIII Line 1 - List all officers, directors, trustees, foundation managers and their compensation

(a) Name and address Title, and average (c) Compensation (If (d) Expense account, hours per week not paid , enter Contributions to (e) other allowances (b) devoted to position -0-) employee benefit plans and deferred compensation

ROCKELL N NANKIN CHAIRMAN 68,500 0 0 3 00 5715 MESMER AVENUE LOS ANGELES, CA 90230

DOUGLAS K FREEMAN SECRETARY 38,500 0 0 3 00 5715 MESMER AVENUE LOS ANGELES, CA 90230

THOMAS E EVERHART DIRECTOR 31,000 0 0 3 00 5715 MESMER AVENUE LOS ANGELES, CA 90230

HENRY YANG DIRECTOR 20,000 0 0 3 00 5715 MESMER AVENUE LOS ANGELES, CA 90230

RICHARD MESERVE DIRECTOR 31,000 0 0 3 00 5715 MESMER AVENUE LOS ANGELES, CA 90230

MARY SUE COLEMAN DIRECTOR 27,500 0 0 3 00 5715 MESMER AVENUE LOS ANGELES, CA 90230

GUNNAR NILSEN DIRECTOR 31,000 0 0 3 00 5715 MESMER AVENUE LOS ANGELES, CA 90230

ROBERT CONN PRESIDENT/CEO 635,556 42,494 0 40 00 5715 MESMER AVENUE LOS ANGELES, CA 90230

DAVID VALENTINE CFO/VP OF FINANCE 253,300 36,716 0 40 00 5715 MESMER AVENUE LOS ANGELES, CA 90230 Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

Recipient If recipient is an individual, Foundation Purpose of grant or Amount show any relationship to status of contribution any foundation manager recipient Name and address (home or business) or substantial contributor

a Paid during the year

ADLER PLANETARIUM NONE PC KAVLI FOUNDATION DOME 75,000 1300 S LAKE SHORE DRIVE LECTURES CHICAGO, IL 60605

AMERICAN ASSOCIATION FOR THE NONE PC AAAS KAVLI JOURNALISM 40,000 ADVANCEMENT OF SCIENCE AWARDS SUPPORT ACTIVITIES 1200 NEW YORK AVENUE NW WASHINGTON, DC 20005

AMERICAN ASSOCIATION FOR THE NONE PC SEA CHANGE MEETING 25,000 ADVANCEMENT OF SCIENCE 1200 NEW YORK AVENUE NW WASHINGTON, DC 20005

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

AMERICAN ASSOCIATION FOR THE NONE PC AAAS KAVLI SCIENCE 570,000 ADVANCEMENT OF SCIENCE JOURNALISM AWARDS 1200 NEW YORK AVENUE NW WASHINGTON, DC 20005

AMERICAN ASSOCIATION FOR THE NONE PC AAAS KAVLI SCIENCE 550,000 ADVANCEMENT OF SCIENCE JOURNALISM AWARDS 1200 NEW YORK AVENUE NW WASHINGTON, DC 20005

AMERICAN ASTRONOMICAL SOCIETY NONE PC FRED KAVLI PLENARY LECTURE 12,000 1667 K STREET NW SUITE 800 WASHINGTON, DC 20006

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

AMERICAN CHEMICAL SOCIETY NONE PC ACS NANO - KAVLI FUTURES 30,000 1155 16TH ST NW SYMPOSIUM MAPPING THE WASHINGTON, DC 20036 INTERSECTION OF THE MICROBIOME AND PRECISION MEDICINE

AMERICAN CHEMICAL SOCIETY NONE PC KAVLI FOUNDATION EMERGING 10,000 1155 16TH ST NW LEADER IN CHEMISTRY LECTURE WASHINGTON, DC 20036

AMERICAN CHEMICAL SOCIETY NONE PC KAVLI FOUNDATION 17,500 1155 16TH ST NW INNOVATIONS IN CHEMISTRY WASHINGTON, DC 20036 LECTURE

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

AMERICAN PHYSICAL SOCIETY NONE PC KAVLI FOUNDATION SPECIAL 26,000 1 PHYSICS ELLIPSE SESSION AND KAVLI COLLEGE PARK, MD 207403844 FOUNDATION KEYNOTE PLENARY SESSION

AMERICAN SOCIETY FOR CELL BIOLOGY NONE PC DOORSTEP MEETING & FRED 40,000 8120 WOODMONT AVENUE SUITE 750 KAVLI KEYNOTE LECTURE BETHESDA, MD 20814

AMERICAN SOCIETY FOR NONE PC MICROBIOME COALITION 45,000 MICROBIOLOGY MEETING 1752 N STREET NW WASHINGTON, DC 200362904

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

AMERICAN SOCIETY FOR NONE PC KAVLI DREAM TEAM 50,000 MICROBIOLOGY 1752 N STREET NW WASHINGTON, DC 200362904

ASSOCIATED UNIVERSITIES INC NONE PC KAVLI FUTURES SYMPOSIUM III 35,000 1400 16TH STREET NW SUITE 730 WASHINGTON, DC 200362252

ASSOCIATION FOR PSYCHOLOGICAL NONE PC FRED KAVLI KEYNOTE LECTURE 10,000 SCIENCE 1800 MASSACHUSETTS AVE NW SUITE 402 WASHINGTON, DC 20036

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

ASSOCIATION OF SCIENCE - NONE PC THE ALAN J FRIEDMAN 20,000 TECHNOLOGY CENTERS INCORPORATED DIALOGUES 818 CONNECTICUT AVENUE NW 7TH FLOOR WASHINGTON, DC 200062734

BERKELEY LAB FOUNDATION NONE SO I NEURODATA WITHOUT 200,000 1111 FRANKLIN STREET 7TH FLOOR BORDERS HIGH PERFORMANCE OAKLAND, CA 94607 COMPUTING PROJECT AT THE LAWRENCE BERKELEY NATIONAL LABORATORY

BROAD INSTITUTE INC NONE PC HUMAN CELL ATLAS SCIENTIFIC 200,000 415 MAIN STREET MEETINGS AND THE FETAL CAMBRIDGE, MA 02142 BRAIN CELL ATLAS PILOT

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

CALIFORNIA INSTITUTE OF NONE PC KAVLI NANOSCIENCE INSTITUTE 1,000,000 TECHNOLOGY PHASE III 1200 E CALIFORNIA BLVD MC 5-32 PASADENA, CA 91125

CALIFORNIA INSTITUTE OF NONE PC GRAVITATIONAL WAVES - 50,000 TECHNOLOGY INTERNATIONAL SUMMER 1200 E CALIFORNIA BLVD MC 5-32 STUDENTS PROGRAM PASADENA, CA 91125

CALIFORNIA INSTITUTE OF NONE PC TO SUPPORT RESEARCH 133,333 TECHNOLOGY RELATED TO GRAVITATIONAL- 1200 E CALIFORNIA BLVD MC 5-32 WAVE SCIENCE GIFTED TO PASADENA, CA 91125 CALTECH BY KIP THORNE (PRIZE AWARDEE)

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

CALIFORNIA INSTITUTE OF NONE PC KAVLI NANOSCIENCE INSTITUTE 750,001 TECHNOLOGY 1200 E CALIFORNIA BLVD MC 5-32 PASADENA, CA 91125

CALVIN QUATE340 PRINCETON ROAD NONE NC KAVLI PRIZE IN NANOSCIENCE 166,667 MENLO PARK, CA 94025

CAMBRIDGE IN AMERICA NONE PC PROFESSOR DIDIER QUELOZ - 39,180 1120 AVENUE OF THE AMERICAS 17TH DREAM TEAM FLOOR NEW YORK, NY 10036

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

CARLA 3 SHATZ1470 CHANNING AVE NONE NC KAVLI PRIZE IN NEUROSCIENCE 166,667 PALO ALTO, CA 94301

CHRISTOPH GERBERIM GRUET 2 B NONE NC KAVLI PRIZE IN NANOSCIENCE 166,667 RICHTERSWIL 8805 CI

COGNITIVE NEUROSCIENCE SOCIETY NONE PC FRED KAVLI DISTINGUISHED 10,000 267 COUSTEAU PLACE CAREER CONTRIBUTIONS DAVIS, CA 95618 AWARD LECTURE

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

COLD SPRING HARBOR LABORATORY NONE PC DREAM TEAM - ANNE 25,000 ONE BUNGTOWN ROAD CHURCHLAND COLD SPRING HARBOR, NY 11724

COLD SPRING HARBOR LABORATORY NONE PC CONVERT DATA INTO NWB 10,000 ONE BUNGTOWN ROAD FORMAT COLD SPRING HARBOR, NY 11724

COUNCIL OF SCIENTIFIC SOCIETY NONE PC FRED KAVLI SCIENCE AT THE 15,000 PRESIDENTS FRONTIERS LECTURE 1155 16TH STREET NW WASHINGTON, DC 200362252

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

COUNCIL OF SCIENTIFIC SOCIETY NONE PC FRED KAVLI SCIENCE AT THE 5,000 PRESIDENTS FRONTIERS LECTURE 1155 16TH STREET NW WASHINGTON, DC 200362252

CURATORS OF THE UNIVERSITY OF NONE PC NATIONAL ALLIANCE FOR 15,000 MISSOURI BROADER IMPACTS 316 UNIVERSITY HALL COLUMBIA, MO 65211

D ANNA DE SOMMER CHAMPALIMAUD & NONE PF PROFESSOR CARLOS RIBEIRO - 25,000 DR CARLOS MONTEZ CHAMPALIMAUD DREAM TEAM FDTN AVENIDA BRASILIA LISBON 1400-038 PO

Total. ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

Recipient If recipient is an individual , Foundation Purpose of grant or Amount show any relationship to status of contribution any foundation manager recipient Name and address ( home or business ) or substantial contributor

a Paid during the year

ECOLE POLYTECHNIQUE FEDERALE DE NONE PC NEURODATA WITHOUT 50,000 LAUSANNE BORDERS ENABLING DATA- ROUTE CANTONALE 1015 DRIVEN KNOWLEDGE LAUSANNE CH-1015 DISCOVERY CI

EMORY UNIVERSITY NONE PC NEUROETHICS SUMMIT 65,000 201 DOWMAN DRIVE ATLANTA, GA 30322

EMORY UNIVERSITY NONE PC EMORY - GEORGIA TECH KAVLI 25,000 201 DOWMAN DRIVE BRAIN FORUM ATLANTA, GA 30322

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

EVE MARDER3 BATTERY WHARF 3507 NONE NC KAVLI PRIZE IN NEUROSCIENCE 166,667 BOSTON, MA 02109

FEDERATION MONDIALE DES NONE PC KAVLI 4TH SYMPOSIUM ON 80,000 JOURNALISTES SCIENTIFIQUES SCIENCE JOURNALISM 1124 RUE MARIE-ANNE EST SUITE 33 MONTREAL H2J 2B7 CA

FRANKLIN INSTITUTE NONE PC NATIONAL INFORMAL 41,948 22 NORTH 20TH STREET NEUROSCIENCE EDUCATION PHILADELPHIA, PA 19103 INITIATIVE

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

GERD BINNIGSAUMERSTRASSE 4 NONE NC KAVLI PRIZE IN NANOSCIENCE 166,667 RUSCHLIKON 8803 CI

GLOBAL PARTNERSHIPS FORUM INC NONE PC INTERNATIONAL BRAIN 12,108 333 EAST 46TH STREET SUITE 18F INITIATIVE MEETING NEW YORK, NY 10017

GMTO CORPORATION NONE PC CAMION CONCIENCIA 65,000 465 N HALSTEAD STREET SUITE 250 ASTRONOMIA (ASTROTRUCK) PASADENA, CA 91107

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

GORDON RESEARCH CONFERENCES NONE PC 2017 CONFERENCE 5,000 512 LIBERTY LANE WEST KINGSTON, RI 02892

GORDON RESEARCH CONFERENCES NONE PC MODULATION OF NEURAL 20,000 512 LIBERTY LANE CIRCUITS AND BEHAVIOR WEST KINGSTON, RI 02892

HEALTH RESEARCH ALLIANCE INC NONE PC ANNUAL SPRING MEETING 25,000 65 T W ALEXANDER DRIVE (2017) RESEARCH TRIANGLE PARK, NC 27709

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

INTERNATIONAL ASTRONOMICAL NONE PC KAVLI WORKSHOP ON FUTURE 25,000 UNION SPACE-BASED OPTICAL/UV/IR 98-BIS BLVD ARAGO TELESCOPES PARIS F75014 FR

INTERNATIONAL BRAIN RESEARCH NONE PC IBRO-KAVLI LECTURE SERIES 30,000 ORGANIZATION (2017-2036) 255 RUE SAINT-HONORE PARIS 75001 FR

INTERNATIONAL NEUROETHICS NONE PC FRED KAVLI DISTINGUISHED 5,000 SOCIETY LECTURE 4938 HAMPDEN LANE 553 BETHESDA, MD 20814

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

INTERNATIONAL NEUROINFORMATICS NONE PC INTERNATIONAL BRAIN 25,000 COORDINATING FACILITY (INCF) INITIATIVE INVENTORY KAROLINSKA INSTITUTET NOBELS VAG DISSEMINATION ACTIVITIES 15 A STOCKHOLM SE-171 77 SW

JOHNS HOPKINS UNIVERSITY NONE PC TELLURIDE NEUROMORPHIC 27,200 3400 N CHARLES STREET COGNITION ENGINEERING BALTIMORE, MD 21218 WORKSHOP

JOHNS HOPKINS UNIVERSITY NONE PC KAVLI NEUROSCIENCE 1,973,333 3400 N CHARLES STREET DISCOVERY INSTITUTE BALTIMORE, MD 21218

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

KAVLI INSTITUTE FOR BRAIN AND MIND NONE PC KAVLI INSTITUTE FOR BRAIN 200,000 AT UCSD AND MIND 9500 GILMAN DRIVE LA JOLLA, CA 920930115

KAVLI INSTITUTE FOR BRAIN SCIENCE NONE PC KIBS COLUMBIA FILL-THE-GAP 150,000 AT COLUMBIA UNIVERSITY 1051 RIVERSIDE DRIVE NEW YORK, NY 10032

KAVLI INSTITUTE FOR COSMOLOGICAL NONE PC KICP FILL-THE-GAP 150,000 PHYSICS AT THE UNIVERSITY OF CHICAGO 5640 SOUTH ELLIS AVENUE CHICAGO, IL 60637

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

Recipient If recipient is an individual , Foundation Purpose of grant or Amount show any relationship to status of contribution any foundation manager recipient Name and address (home or business) or substantial contributor

a Paid during the year

KAVLI INSTITUTE FOR COSMOLOGICAL NONE PC KICP CONFERENCES, 75,000 PHYSICS AT THE UNIVERSITY OF WORKSHOPS AND VISITORS CHICAGO PROGRAM 5640 SOUTH ELLIS AVENUE CHICAGO, IL 60637

KAVLI INSTITUTE FOR THEORETICAL NONE PC KAVLI INSTITUTE FOR 53,920 PHYSICS AT THE UNIVERSITY OF THEORETICAL PHYSICS AT THE CALIFORNIA SA UNIVERSITY OF CALIFORNIA, 4219 CHEADLE HALL SANTA BARBARA SANTA BARBARA, CA 931064030

KEYSTONE SYMPOSIA ON MOLECULAR NONE PC STATE OF THE BRAIN GENETIC 10,000 AND CELLULAR BIOLOGY DISSECTION OF BRAIN 160 US HIGHWAY 6 SUITE 200 CIRCUITS AND BEHAVIOR IN SILVERTHORNE, CO 80498 HEALTH AND DISEASE

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

KIP S THORNE NONE NC KAVLI PRIZE IN ASTROPHYSICS 33,333 1462 RUTHERFORD DRIVE PASADENA, CA 91103

MARINE BIOLOGICAL LABORATORY NONE PC ZEBRAFISH DEVELOPMENT AND 5,000 7 MBL STREET GENETICS COURSE SYMPOSIUM WOODS HOLE, MD 02543

MASSACHUSETTS INSTITUTE OF NONE PC SCIENCE COMMUNICATION 100,000 TECHNOLOGY SYMPOSIUM SERIES 77 MASSACHUSETTS AVENUE ADMINISTERED BY THE KNIGHT CAMBRIDGE, MA 021394307 SCIENCE JOURNALISM FELLOWSHIP

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

MASSACHUSETTS INSTITUTE OF NONE PC KAVLI BRAIN COFFEE HOUR 25,000 TECHNOLOGY 77 MASSACHUSETTS AVENUE CAMBRIDGE, MA 021394307

MASSACHUSETTS INSTITUTE OF NONE PC PROFESSOR ED BOYDEN - 25,000 TECHNOLOGY DREAM TEAM 77 MASSACHUSETTS AVENUE CAMBRIDGE, MA 021394307

MASSACHUSETTS INSTITUTE OF NONE PC KAVLI INSTITUTE FOR 500,000 TECHNOLOGY ASTROPHYSICS AND SPACE 77 MASSACHUSETTS AVENUE RESEARCH CAMBRIDGE, MA 021394307

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

MASSACHUSETTS INSTITUTE OF NONE PC BARISH-WIESS GRADUATE 166,667 TECHNOLOGY STUDENT FELLOWSHIP FUND 77 MASSACHUSETTS AVENUE CAMBRIDGE, MA 021394307

MATERIALS RESEARCH SOCIETY NONE PC FRED KAVLI EARLY CAREER 6,000 506 KEYSTONE DRIVE LECTURESHIP WARRENDALE, PA 150867537

MATERIALS RESEARCH SOCIETY NONE PC FUTURE OF MATERIALS 70,000 506 KEYSTONE DRIVE WORKSHOP SERIES WARRENDALE, PA 150867537

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

MATERIALS RESEARCH SOCIETY NONE PC FRED KAVLI DISTINGUISHED 15,000 506 KEYSTONE DRIVE LECTURESHIP AND FRED KAVLI WARRENDALE, PA 150867537 EARLY CAREER LECTURESHIP IN NANOSCIENCE

MICHAEL M MERZENICH NONE NC KAVLI PRIZE IN NEUROSCIENCE 166,667 20 HILLPOINT AVENUE SAN FRANCISCO, CA 94117

NATIONAL ACADEMY OF MEDICINE NONE PC THE CRISIS OF THE AFRICAN 25,000 SCIENCE AMERICAN MALE IN MEDICINE, 500 5TH STREET NW ENGINEERING AND THE WASHINGTON, DC 20001 SCIENCES WORKSHOP

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

NATIONAL ACADEMY OF SCIENCES NONE PC CONVERGENCE ADVISORY 200,000 500 FIFTH STREET NW GROUP AND SUMMIT WASHINGTON, DC 20001

NATIONAL ACADEMY OF SCIENCES NONE PC SACKLER COLLOQUIUM ON 20,000 500 FIFTH STREET NW SCIENCE OF SCIENCE WASHINGTON, DC 20001 COMMUNICATION III

NATIONAL ACADEMY OF SCIENCES NONE PC FRED KAVLI ENDOWMENT FUND 2,100,000 500 FIFTH STREET NW WASHINGTON, DC 20001

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

NATIONAL ACADEMY OF SCIENCES NONE PC KAVLI FRONTIERS OF SCIENCE 550,000 500 FIFTH STREET NW SYMPOSIA WASHINGTON, DC 20001

NATIONAL SCIENCE TEACHERS NONE PC CONNECTED SCIENCE LEARNING 50,000 ASSOCIATION (NSTA) 1840 WILSON BLVD ARLINGTON, VA 22201

NEW YORK UNIVERSITY NONE PC HUMAN PROJECT - ETHICS 25,000 50 WEST FOURTH STREET ADVISORY COUNCIL MEETING NEW YORK, NY 10003

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

NEW YORK UNIVERSITY NONE PC KAVLI FUTURES SYMPOSIUM 35,000 50 WEST FOURTH STREET SENSING THE CITY NEW YORK, NY 10003

NEW YORK UNIVERSITY NONE PC KAVLI CONVERSATIONS ON 23,000 50 WEST FOURTH STREET SCIENCE COMMUNICATIONS NEW YORK, NY 10003 INITIATIVE

NEW YORK UNIVERSITY NONE PC KAVLI SALON SYSTEM 75,000 50 WEST FOURTH STREET NEUROSCIENCE 2 NEW YORK , NY 10003

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

OKINAWA INSTITUTE OF SCIENCE AND NONE NC STRINGS CONFERENCE IN 2018 25,000 TECHNOLOGY SCHOOL CORPORATION 1919-1 TANCHA ONNA-SON KUNIGAMI- GUN OKINAWA 904-0495 JA

ORGANIZATION FOR ECONOMIC NONE PC TOWARDS A FRAMEWORK FOR 22,000 COOPERATION AND DEVELOPMENT OPEN AND RESPONSIBLE (OECD) INNOVATION IN 2 RUE ANDRE PASCAL NEUROTECHNOLOGY PARIS 75775 FR

PEKING UNIVERSITY EDUCATION NONE PC KAVLI INSTITUTE FOR 315,000 FOUNDATION ASTRONOMY AND 75 JINGCHUNYUAN ASTROPHYSICS AT PEKING 100871 UNIVERSITY CI

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

PRESIDENT AND FELLOWS OF HARVARD NONE PC PROFESSOR LISA RANDALL - 88,875 COLLEGE DREAM TEAM MASSACHUSETTS HALL CAMBRIDGE, MA 02138

REGENTS OF THE UNIVERSITY OF NONE PC DARPA MILLION NEURON BRAIN 50,000 CALIFORNIA AT BERKELEY MODEM AT THE UNIVERSITY OF 2150 SHATTUCK AVENUE SUITE 300 CALIFORNIA BERKELEY UNIVERSITY OF CALIFORNIA BERKELEY, CA 947045940

REGENTS OF THE UNIVERSITY OF NONE PC KAVLI SUMMER PROGRAM IN 70,000 CALIFORNIA ASTROPHYSICS 1111 FRANKLIN ST12TH FLOOR OAKLAND, CA 94607

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

REGENTS OF THE UNIVERSITY OF NONE PC PROFESSORS YOON AND 75,000 MICHIGAN BUZSAKI - DREAM TEAM 500 S STATE STREET ANN ARBOR, MI 48109

RESEARCH AMERICA NONE PC MARY WOOLLEY - DREAM TEAM 25,000 241 18TH STREET SOUTH SUITE 501 ARLINGTON, VA 22202

RONALD WP DREVER NONE NC KAVLI PRIZE IN ASTROPHYSICS 166,667 URQUHARTS SOLICITORS 16 HERIOT ROW ENDINBURGH EH3 6HR UK

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

SCIENCECOUNTS INC NONE PC RAISING VOICES FOR SCIENCE 49,445 529 14TH STREET NW WASHINGTON, DC 20045

SOCIETY FOR NEUROECONOMICS INC NONE PC KAVLI FOUNDATION 20,000 2661 QUEENSWOOD DRIVE NEUROSCIENCE WORKSHOP VICTORIA V8N 1X6 AND KAVLI FOUNDATION CA SOCIAL AND DECISION SCIENCE WORKSHOP

SOCIETY FOR NEUROECONOMICS INC NONE PC FRED KAVLI PLENARY LECTURE 5,000 2661 QUEENSWOOD DRIVE VICTORIA V8N 1X6 CA

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

SOCIETY FOR NEUROSCIENCE NONE PC BRAINFACTS ORG 130,000 1121 14TH STREET NW SUITE 1010 WASHINGTON, DC 20005

STICHTING FEDERATION OF EUROPEAN NONE PC FENS-KAVLI NETWORK OF 70,000 NEUROSCIENCE SOCIETIES TRUST EXCELLENCE FOUNDATION RUE DEGMONT 11 BRUSSELS 1000 BE

STICHTING NANOSCIENCE TU DELFT NONE PC KAVLI INSTITUTE OF 200,000 STEVINWEG 1 NANOSCIENCE DELFT 2628 CN NO

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

STONY BROOK FOUNDATION INC NONE PC KAVLI-ALDA ONLINE LEARNING 170,000 230 ADMINISTRATION CENTER STONY BROOK, NY 117941188

STONY BROOK FOUNDATION INC NONE PC SUPPLEMENTAL PROGRAMS AT 20,000 230 ADMINISTRATION KAVLI INSTITUTES/ELSEWHERE - STONY BROOK, NY 117941188 JOHNS HOPKINS

TATA INSTITUTE OF FUNDAMENTAL NONE PC KAVLI ASIAN WINTER SCHOOL 75,000 RESEARCH AT THE INTERNATIONAL CENTRE HOMI BHABHA ROAD NAVY NAGAR FOR THEORETICAL SCIENCES COLABA MUMBAI 400005 IN

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

THE BOARD OF TRUSTEES OF THE NONE PC NEUROSCIENCE 100,000 LELAND STANFORD JUNIOR COLLABORATION WITH SLAC UNIVERSITY 450 SERRA MALL STANFORD, CA 943052004

THE CHANCELLOR MASTERS AND NONE PC KAVLI DREAM TEAM JULIJA 25,000 SCHOLARS OF THE UNIVERSITY OF KRUPIC CAMBRIDGE 1 QUAYSIDE BRIDGE STREET CAMBRIDGE CB5 8AB UK

THE CHANCELLOR MASTERS AND NONE PC KAVLI INSTITUTE FOR 840,011 SCHOLARS OF THE UNIVERSITY OF COSMOLOGY CAMBRIDGE 1 QUAYSIDE BRIDGE STREET CAMBRIDGE CBS 8AB UK

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

THE CHANCELLOR MASTERS AND NONE PC FUTURES SYMPOSIA ON 50,000 SCHOLARS OF THE UNIVERSITY OF EXOPLANETS CAMBRIDGE 1 QUAYSIDE BRIDGE STREET CAMBRIDGE CB5 8AB UK

THE CHANCELLOR MASTERS AND NONE PC KAVLI INSTITUTE FOR 75,000 SCHOLARS OF THE UNIVERSITY OF COSMOLOGY CAMBRIDGE 1 QUAYSIDE BRIDGE STREET CAMBRIDGE CB5 8AB UK

THE ROCKEFELLER UNIVERSITY NONE PC KAVLI NEURAL SYSTEMS 2,083,334 1230 YORK AVENUE INSTITUTE NEW YORK, NY 10065

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

THE ROYAL SOCIETY OF LONDON FOR NONE PC KAVLI ROYAL SOCIETY 639,700 IMPROVING NATURAL KNOWLEDGE INTERNATIONAL CENTRE 6-9 CARLTON HOUSE TERRACE LONDON SWIY5AG UK

THE TRONDHEIM FOUNDATION FOR NONE PC KAVLI INSTITUTE FOR SYSTEMS 800,000 SCIENTIFIC RESEARCH NEUROSCIENCE AT THE NORWEGIAN UNIVERSITY OF SCIENCE NORWEGIAN UNIVERSITY OF AND SCIENCE AND TECHNOLOGY TECHNOLOGY TRONDHEIM NO-7491 NO

THE UC DAVIS FOUNDATION NONE PC KAVLI SUMMER INSTITUTE IN 75,000 202 COUSTEAU PL COGNITIVE NEUROSCIENCE DAVIS, CA 95618

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

THE UCLA FOUNDATION NONE PC COGNITIVE COMPUTATIONAL 5,000 10920 WILSHIRE BOULEVARD SUITE NEUROSCIENCE KAVLI LECTURE 1508 LOS ANGELES, CA 900246502

THE UNIVERSITY OF TOKYO NONE PC KAVLI INSTITUTE FOR PHYSICS 250,000 5-1-5 KASHIWANOHA AND MATHEMATICS OF THE KASHIWASHI 277-8583 UNIVERSE JA

THE UNIVERSITY OF TOKYO NONE PC KAVLI INSTITUTE FOR THE 375,000 5-1-5 KASHIWANOHA PHYSICS AND MATHEMATICS OF KASHIWASHI 277-8583 THE UNIVERSE JA

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

TRUSTEES OF COLUMBIA UNIVERSITY NONE PC ELIZABETH HILLMAN - DREAM 25,000 IN THE CITY OF NEW YORK TEAM 116TH STREET AND BROADWAY NEW YORK, NY 10027

TRUSTEES OF COLUMBIA UNIVERSITY NONE PC KAVLI INSTITUTE FOR BRAIN 500,000 IN THE CITY OF NEW YORK SCIENCE 116TH STREET AND BROADWAY NEW YORK, NY 10027

UC SAN DIEGO FOUNDATION NONE PC KAVLI INSTITUTE FOR BRAIN 523,598 9500 GILMAN DRIVE MC 0940 AND MIND LA JOLLA, CA 920930940

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

UC SANTA BARBARA FOUNDATION NONE PC KAVLI BRAIN COFFEE HOUR 25,000 4219 CHEADLE HALL SANTA BARBARA, CA 931064030

UC SANTA BARBARA FOUNDATION NONE PC KAVLI INSTITUTE FOR 533,913 4219 CHEADLE HALL THEORETICAL PHYSICS AT THE SANTA BARBARA, CA 931064030 UNIVERSITY OF CALIFORNIA, SANTA BARBARA

UC SANTA BARBARA FOUNDATION NONE PC KAVLI INSTITUTE FOR 900,000 4219 CHEADLE HALL THEORETICAL PHYSICS AT THE SANTA BARBARA, CA 931064030 UNIVERSITY OF CALIFORNIA, SANTA BARBARA

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

UNIVERSITY OF CALIFORNIA BERKELEY NONE PC KAVLI ENERGY NANOSCIENCE 1,735,416 FOUNDATION INSTITUTE 2080 ADDISON STREET 4200 BERKELEY, CA 947204200

UNIVERSITY OF CHICAGO NONE PC SPACE EXPLORERS 30,000 5801 S ELLIS AVENUE CHICAGO, IL 60637

UNIVERSITY OF CHICAGO NONE PC KAVLI INSTITUTE FOR 150,000 5801 5 ELLIS AVENUE COSMOLOGICAL PHYSICS CHICAGO, IL 60637

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

UNIVERSITY OF CHICAGO NONE PC KAVLI INSTITUTE FOR 1,000,000 5801 S ELLIS AVENUE COSMOLOGICAL PHYSICS CHICAGO, IL 60637

UNIVERSITY OF CONNECTICUT NONE PC KAVLI BRAIN COFFEE HOUR LED 25,000 FOUNDATION INCORPORATED BY UCONN HEALTH 2390 ALUMNI DRIVE UNIT 3206 STORRS, CT 062693206

UNIVERSITY OF MARYLAND COLLEGE NONE PC KAVLI BRAIN COFFEE HOUR 10,000 PARK FOUNDATION INC 4603 CALVERT ROAD COLLEGE PARK, MD 20742

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

UNIVERSITY OF SOUTHERN NONE PC CREATING A FOUNDATIONAL 55,000 CALIFORNIA DATABASE FOR THE RAT 1 UNIVERSITY PARK MACROCONNECTOME LOS ANGELES, CA 90089

UNIVERSITY OF SOUTHERN NONE PC DATABASE FOR A MAMMALIAN 100,000 CALIFORNIA NEUROME - RENEWAL UNIVERSITY PARK LOS ANGELES, CA 90089

UNIVERSITY OF TEXAS - AUSTIN NONE PC KAVLI BRAIN COFFEE HOUR 10,000 110 INNER CAMPUS DRIVE AUSTIN,TX 78705

Total ...... ► 24,870,984 3a Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

a Paid during the year

WORLD SCIENCE FOUNDATION NONE PC WORLD SCIENCE FESTIVAL 52,500 475 RIVERSIDE DRIVE SUITE 950 NEW YORK, NY 10115

WYSS CENTERCHEMIN DES MINES 9 NONE PC WYSS NEUROTECHNOLOGY 30,000 GENEVE CH-1202 SUMMER SCHOOL CI

YALE UNIVERSITY333 CEDAR STREET NONE PC KAVLI SUMMER FELLOWSHIPS IN 75,000 NEW HAVEN, CT 65100 NEUROSCIENCE

Total ...... ► 24,870,984 3a lefile GRAPHIC p rint - DO NOT PROCESS I As Filed Data - DLN: 93491319010058 TY 2017 Accounting Fees Schedule

Name : THE KAVLI FOUNDATION EIN: 77-0560142 Accounting Fees Schedule Category Amount Net Investment Adjusted Net Disbursements Income Income for Charitable Purposes

ACCOUNTING FEES 30,314 829 46,800 lefile GRAPHIC p rint - DO NOT PROCESS I As Filed Data - I DLN: 93491319010058

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2017 Expenditure Responsibility Statement

Name : THE KAVLI FOUNDATION EIN: 77-0560142

Grantee's Name Grantee ' s Grant Date Grant Grant Purpose Amount Any Dates of Date of Results of Verification Address Amount Expended By Diversion By Reports By Verification Grantee Grantee? Grantee

D ANNA DE SOMMER AVENIDA 2017-01-20 25,000 GRANT FUNDS SUPPORTED 4,362 NONE 19-FEB-18 THE FOUNDATION VERIFIED THROUGH THE CHAMPALIMAUD AND DR CARLOS BRASILIA THE MICROBIAL BASIS OF GRANTEE REPORT RECEIVED THAT THE FUNDS MONTEZ CHAMPALIMAUD LISBON FEEDING DECISIONS WERE USED AS INTENDED TO SUPPORT THE FOUNDATION 1400-038 PROJECT MICRIOBIAL BASIS OF FEEDING DECISIONS PO l efile GRAPHIC p rint - DO NOT PROCESS I As Filed Data - I DLN: 93491319010058 TY 2017 Investments - Other Schedule

Name : THE KAVLI FOUNDATION EIN: 77-0560142 Investments Other Schedule 2 Category / Item Listed at Cost or Book Value End of Year Fair FMV Market Value MAKENA CAPITAL ASSOCIATION FMV 113,388,441 113,388,441 CEDAR ROCK CAP PARTNERS LLC FMV 53,296,075 53,296,075 ORCHID ASIA FUND III, LP FMV 4,317,230 4,317,230 ORCHID ASIA FUND IV, LP FMV 1,883,012 1,883,012 GLOBAL ENDOWMENT FUND II, LP FMV 162,701,673 162,701,673 MAKENA PRIVATE EQUITY FUND, LP FMV 6,120,468 6,120,468 SUNBELT VINEYARD LLC FMV 77,246 77,246 MAKENA PRIVATE EQUITY FUND II FMV 6,879,599 6,879,599 GIF PRIVATE INVESTORS LLC FMV 760,797 760,797 GOLDMAN VINTAGE FUND III FMV 221,518 221,518 ORCHID ASIA FUND VI FMV 6,935,406 6,935,406 MAKENA PRIVATE EQUITY FUND III FMV 3,661,008 3,661,008 OAKTREE VALUE OPPPORTUNITY FUND, LP FMV 24,288,485 24,288,485 MAKENA REAL ESTATE FUND II, LLP FMV 7,148,550 7,148,550 GEM LIQUID MARKET FUNDS A, LP FMV 27,615,146 27,615,146 WESTLAND ENTERPRISES, LLC FMV 12,308,175 12,308,175 SUNBELT ENTERPRISES, LLC FMV 33,817,566 33,817,566 RAYNE CORPORATION FMV 37,932 37,932 SCALA, INC. FMV 46,149 46,149 RIEF STRATEGIC PARTNERS FUND, LLC FMV 108,535,750 108,535,750 GOLDMAN VINTAGE FUND V, LP FMV 1,803,377 1,803,377 PEEPFUL CAPITAL FUND, LP FMV 2,021,925 2,021,925 l efile GRAPHIC p rint - DO NOT PROCESS I As Filed Data - DLN: 93491319010058 TY 2017 Legal Fees Schedule

Name : THE KAVLI FOUNDATION EIN: 77-0560142

Category Amount Net Investment Adjusted Net Disbursements Income Income for Charitable Purposes

LEGAL FEES 122,471 0 123,491 l efile GRAPHIC p rint - DO NOT PROCESS I As Filed Data - I DLN: 93491319010058 TY 2017 Other Assets Schedule

Name : THE KAVLI FOUNDATION EIN: 77-0560142 Other Assets Schedule

Description Beginning of Year - End of Year - Book End of Year - Fair Book Value Value Market Value

COLLECTIBLES 365,925 410,645 410,645

457B PLAN ASSETS 76,062 120,614 120,614 l efile GRAPHIC p rint - DO NOT PROCESS I As Filed Data - DLN: 93491319010058 TY 2017 Other Expenses Schedule

Name : THE KAVLI FOUNDATION EIN: 77-0560142 Other Expenses Schedule

Description Revenue and Net Investment Adjusted Net Disbursements for Expenses per Income Income Charitable Books Purposes

PARTNERSHIP EXPENSES 0 10,225,274 0

ADVERTISING 14,077 0 14,370

OFFICE EXPENSES 332,682 20,216 367,005

JANITORIAL AND EQUIPMENT RENTAL 45,751 0 46,355

INSURANCE 46,719 0 63,576

OUTSIDE AND TEMPORARY SERVICES 130,454 9,228 131,926

REAL ESTATE EXPENSES 263,535 274,164 0 l efile GRAPHIC p rint - DO NOT PROCESS I As Filed Data - I DLN: 93491319010058

TY 2017 Other Income Schedule

Name : THE KAVLI FOUNDATION EIN: 77-0560142 Other Income Schedule

Description Revenue And Net Investment Adjusted Net Income Expenses Per Books Income

OTHER INVESTMENT INCOME - SCHEDULE K1S 0 1,528,880 0 lefile GRAPHIC p rint - DO NOT PROCESS I As Filed Data - DLN: 93491319010058 TY 2017 Other Increases Schedule

Name : THE KAVLI FOUNDATION EIN: 77-0560142

Description Amount UNREALIZED GAIN ON INVESTMENTS 15,114,598 l efile GRAPHIC p rint - DO NOT PROCESS I As Filed Data - DLN: 93491319010058 TY 2017 Other Liabilities Schedule

Name : THE KAVLI FOUNDATION EIN: 77-0560142

Description Beginning of Year End of Year - - Book Value Book Value TENANT SECURITY DEPOSITS 293,146 293,146 DEFERRED TAXES 638,131 1,722,836 OTHER LIABILITIES 538,040 717,669 l efile GRAPHIC p rint - DO NOT PROCESS I As Filed Data - I DLN: 93491319010058 TY 2017 Other Professional Fees Schedule

Name : THE KAVLI FOUNDATION EIN: 77-0560142

Category Amount Net Investment Adjusted Net Disbursements Income Income for Charitable Purposes

INVESTMENT MANAGEMENT FEES 166,504 162,560 0

INVESTMENT CONSULTING FEES 10,984 0 0

OTHER PROFESSIONAL FEES 167,982 0 132,094 l efile GRAPHIC p rint - DO NOT PROCESS I As Filed Data - DLN: 93491319010058 TY 2017 Taxes Schedule

Name : THE KAVLI FOUNDATION EIN: 77-0560142

Category Amount Net Investment Adjusted Net Disbursements Income Income for Charitable Purposes

FOREIGN TAXES 565 565 0

FEDERAL EXCISE TAX 600,000 395,131 0

REAL ESTATE TAXES 168,671 0 168,671

OTHER TAXES 18,237 11,293 1,263

FOREIGN TAXES WITHHELD 0 149,061 0

DEFERRED TAX EXPENSE 1,084,705 0 0 l efile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93491319010058 Schedule B Schedule of Contributors OMB No 1545-0047 (Form 990 , 990-EZ, or 990 - PF) ► Attach to Form 990 , 990-EZ , or 990 - PF O 7 Department of the Treasury ► Information about Schedule B (Form 990 , 990-EZ , or 990 - PF) and its instructions is at Internal Revenue Service www irs gov/form990 Name of the organization Employer identification number THE KAVLI FOUNDATION 77-0560142 Organization type (check one)

Filers of: Section:

Form 990 or 990-EZ q 501 (c)( ) (enter number) organization

q 4947(a)(1) nonexempt charitable trust not treated as a private foundation

q 527 political organization

Form 990-PF W 501 (c)(3) exempt private foundation

q 4947( a)(1) nonexempt charitable trust treated as a private foundation

q 501 (c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule. Note . Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule See instructions

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor Complete Parts I and II See instructions for determining a contributor's total contributions

Special Rules

q For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331 3% support test of the regulations under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (I) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1 Complete Parts I and II

q For an organization described in section 501 (c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor, during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals Complete Parts I, II, and III

q For an organization described in section 501 (c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor, during the year, contributions exclusively for religious, charitable, etc , purposes, but no such contributions totaled more than $1,000 If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc , purpose Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc , contributions totaling $5,000 or more during the year ...... ► $

Caution . An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990, 990-EZ, or 990-PF), but it must answer "No" on Part IV, line 2, of its Form 990, or check the box on line H of its Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990, 990-EZ, or 990-PF)

For Paperwork Reduction Act Notice, see the Instructions Cat No 30613X Schedule B (Form 990, 990-EZ , or 990-PF) (2017) for Form 990, 990 -EZ, or 990-PF Schedule B ( Form 990 , 990-EZ , or 990-PF ) (2017) Page 2 Name of organization mployer identification number THE KAVLI FOUNDATION 7-0560142

Contributors (See instructions) Use duplicate copies of Part I if additional space is needed (a) (b) (c) (d) No. Name , address , and ZIP + 4 Total contributions Type of contribution THE ESTATE OF FRED KAVLI Person w Payroll 1801 SOLAR DRIVE SUITE 250 El $ 7,627,453 Noncash El OXNARD, CA93030 (Complete Part II for noncash contributions ) (a) (b) (c) (d) No. Name , address , and ZIP + 4 Total contributions Type of contribution Person Payroll $ Noncash

(Complete Part II for noncash contributions ) (a) (b) (c) (d) No. Name , address , and ZIP + 4 Total contributions Type of contribution Person Payroll $ Noncash

(Complete Part II for noncash contributions ) (a) (b) (c) (d) No. Name, address , and ZIP + 4 Total contributions Type of contribution Person Payroll $ Noncash

(Complete Part II for noncash contributions ) (a) (b) (c) (d) No. Name , address , and ZIP + 4 Total contributions Type of contribution Person Payroll $ Noncash

(Complete Part II for noncash contributions ) Schedule B (Form 990, 990-EZ, or 990-PF) (2017) Schedule B ( Form 990, 990-EZ , or 990-PF ) (2017) Page 3 Name of organization Employer identification number THE KAVLI FOUNDATION 77-0560142

Non cash Property ( See instructions) Use duplicate copies of Part II if additional space is needed LM

FMV (or estimate) No. from Part I Description of noncash property given Date received (See instructions)

FMV (or estimate) No. from Part I Description of noncash property given Date received (See Instructions)

Schedule B (Form 990, 990-EZ, or 990 -PF) (2017) Schedule B ( Form 990 , 990-EZ , or 990-PF ) (2017) Page 4 Name of organization Employer identification number THE KAVLI FOUNDATION 77-0560142 Exclusively religious , charitable , etc., contributions to organizations described in section 501 (c)(7), (8), or ( 10) that total more than $1 , 000 for the year from any one contributor. Complete columns (a) through ( e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious , charitable , etc., contributions of $1,000 or less for the year . ( Enter this information once . See instructions.) ► $ Use duplicate copies of Part III if additional space is needed

(b) Purpose of gift ( c) Use of gift (d ) Description of how gift is held No. from Part I

(e) Transfer of gift Transferee's name, address, and ZIP 4 Relationship of transferor to transferee

(b) Purpose of gift ( c) Use of gift (d ) Description of how gift is held No. from Part I

(e) Transfer of gift Transferee's name, address, and ZIP 4 Relationship of transferor to transferee

(b) Purpose of gift ( c) Use of gift (d ) Description of how gift is held No. from Part I

(e) Transfer of gift Transferee's name, address, and ZIP 4 Relationship of transferor to transferee

(b) Purpose of gift ( c) Use of gift (d) Description of how gift is held No. from Part I

(e) Transfer of gift Transferee's name, address, and ZIP 4 Relationship of transferor to transferee

Schedule B (Form 990, 990 -EZ, or 990-PF ) (2017)