Alumni Ventures Stock
Complete breakdown of AV units held across personal accounts, trusts, and foundation.
As of December 2, 2025 | Valuation: $26/unit (July 2025)
Total AV Units
10,654,695
Unit Price
$26.00
Total Value
$277,022,070
Entities
7
📊 Ownership Distribution
2010 GST Exempt (39.9%)
Mike Collins (21.2%)
2019 GST Exempt (16.9%)
Becky Collins (7.1%)
2010 GST Taxable (7.2%)
Foundation (5.4%)
2019 GST Taxable (2.3%)
📊 Complete Entity Breakdown
| Entity | Type | Units | % of Total | Value @ $26 |
|---|---|---|---|---|
| Mike & Becky (Personal) | ||||
| Mike Collins | Individual | 2,260,486 | 21.2% | $58,772,636 |
| Rebecca Collins | Individual | 754,703 | 7.1% | $19,622,278 |
| MC/RC Subtotal | 3,015,189 | 28.3% | $78,394,914 | |
| 2010 Collins Innovation Trust | ||||
| 2010 GST Exempt | Trust | 4,246,000 | 39.9% | $110,396,000 |
| 2010 GST Taxable | Trust | 769,964 | 7.2% | $20,019,064 |
| 2010 Trust Subtotal | 5,015,964 | 47.1% | $130,415,064 | |
| 2019 Chesterfield Trust | ||||
| 2019 GST Exempt | Trust | 1,800,108 | 16.9% | $46,802,808 |
| 2019 GST Taxable | Trust | 245,434 | 2.3% | $6,381,284 |
| 2019 Trust Subtotal | 2,045,542 | 19.2% | $53,184,092 | |
| Foundation | ||||
| MD Collins Family Foundation | 501(c)(3) | 578,000 | 5.4% | $15,028,000 |
| TOTAL | 10,654,695 | 100% | $277,022,070 | |
MC/RC Total Units
3,015,189
Mike's Units
2,260,486
Becky's Units
754,703
Total Value
$78,394,914
Mike Collins Individual
Personal AV holdings
$58,772,636
2,260,486 units @ $26
Rebecca Collins Individual
Personal AV holdings
$19,622,278
754,703 units @ $26
📋 Notes
- Mike's units represent founder equity accumulated since 2014
- Becky's units include spousal grants and transfers
- These are taxable holdings subject to capital gains upon sale
- Estate planning may involve gifting to trusts or charitable vehicles
Trust Total Units
7,061,506
GST Exempt
6,046,108
GST Taxable
1,015,398
Total Value
$183,599,156
🏛️ 2010 Collins Innovation Trust
2010 GST Exempt Trust
Generation-skipping tax exempt portion
$110,396,000
4,246,000 units @ $26
2010 GST Taxable Trust
Generation-skipping tax taxable portion
$20,019,064
769,964 units @ $26
🏛️ 2019 Chesterfield Trust
2019 GST Exempt Trust
Generation-skipping tax exempt portion
$46,802,808
1,800,108 units @ $26
2019 GST Taxable Trust
Generation-skipping tax taxable portion
$6,381,284
245,434 units @ $26
📋 Trust Notes
- Beneficiaries: Rachel, Zach, and Reese Collins (equal 1/3 shares)
- GST Exempt portions pass to grandchildren without additional GST tax
- GST Taxable portions may be subject to GST tax upon distribution to skip persons
- Trusts own operating companies (Honeycomb, Grove Street, ZRR entities)
- Distributions at trustee discretion for HEMS (health, education, maintenance, support)
Foundation Units
578,000
% of Total AV
5.4%
Total Value
$15,028,000
Cash at Concord
$300,000
MD Collins Family Foundation 501(c)(3)
Private family foundation | Custodian: Concord Trust
$15,028,000
578,000 units @ $26
📋 Foundation Notes
- AV units are the foundation's primary asset
- Annual 5% distribution requirement applies to foundation assets
- Board: Mike (President), Becky (VP), Rachel, Zach, Reese (members)
- Focus areas: Education, health, community development
- See Foundation & Charitable Giving for full details
⚠️ Important Notices
- Illiquidity: AV stock is privately held and cannot be readily sold on public markets
- Valuation: $26/unit based on July 2025 409A valuation; actual exit value may differ significantly
- Concentration Risk: AV stock represents ~90% of family net worth - significant concentration
- Diversification: Consider diversification strategies as liquidity events occur
- Tax Planning: Work with advisors on tax-efficient strategies for eventual liquidity