Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 12-01-2017 , and ending 11-30-2018
Name of foundation
The Wolcott Family Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)PO Box 460847
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Denver, CO80246
A Employer identification number

84-1570728
B Telephone number (see instructions)

(720) 381-6943
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$1,910,162J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 51,399 51,399 51,399
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -468
b Gross sales price for all assets on line 6a 19,929
7 Capital gain net income (from Part IV, line 2)...  
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)....... Click to see attachment 76,333 76,333  
12 Total. Add lines 1 through 11........ 127,264 127,732 51,399
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,878     3,878
c Other professional fees (attach schedule).... Click to see attachment 3,539 3,539    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 216 216    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 13,409     13,409
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 2,614     2,614
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 23,656 3,755   19,901
25 Contributions, gifts, grants paid....... 88,350 88,350
26 Total expenses and disbursements. Add lines 24 and 25 112,006 3,755   108,251
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 15,258
b Net investment income (if negative, enter -0-) 123,977
c Adjusted net income (if negative, enter -0-)... 51,399
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 75 75 75
2 Savings and temporary cash investments......... 180,653 171,617 171,730
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule)....... 384,900 Click to see attachment403,972 384,058
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,250,779 Click to see attachment1,256,001 1,354,299
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,816,407 1,831,665 1,910,162
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
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 bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 1,816,407 1,831,665
29 Total net assets or fund balances (see instructions)..... 1,816,407 1,831,665
30 Total liabilities and net assets/fund balances (see instructions). 1,816,407 1,831,665
Part III
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,816,407
2
Enter amount from Part I, line 27a .....................
2
15,258
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,831,665
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,831,665
Form 990-PF (2019)
Form 990-PF (2019)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 20,000.00 Verizon Communications P 2017-06-21 2018-06-21
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 19,929   20,397 -468
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -468
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -468
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 ................... 		Bracket 3 -468
Part V
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?
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.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2018 115,830 1,928,736 0.06006
2017 101,166 1,854,391 0.05456
2016 85,624 1,916,491 0.04468
2015 95,112 1,987,400 0.04786
2014 85,820 2,071,069 0.04144
2
Total of line 1, column (d) .....................
2
0.248583
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.049717
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
1,916,155
5
Multiply line 4 by line 3......................
5
95,265
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,240
7
Add lines 5 and 6........................
7
96,505
8
Enter qualifying distributions from Part XII, line 4,.............
8
108,251
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 (2019)
Form 990-PF (2019)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
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 1,240
hereBulletand 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  
3 Add lines 1 and 2........................... 3 1,240
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,240
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 1,587
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,587
8 Enter any penalty for underpayment of estimated tax. Check here 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.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 347
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet347 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
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? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a 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?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
No
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 year? If "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)
    bulletCO
    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 2019 or the taxable year beginning in 2019? See the 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 (2019)
    Form 990-PF (2019)
    Page 5
    Part VII-A
    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)? 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 addressbulletwww.WolfFoundation.org
    14
    The books are in care ofbulletRudisill Accounting Firm PC Telephone no.bullet (720) 381-6943

    Located atbullet940 Sumner WayErieCO ZIP+4bullet80516
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    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.
    Yes
    No
    1a
    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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?...............
    (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.).......
    b
    If any answer is "Yes" to 1a(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 ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2019?.............
    1c
     
    No
    2
    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 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    If "Yes," list the years bullet20, 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
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 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?......................
    b
    If "Yes," did it have excess business holdings in 2019 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 period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2019.)..................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    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 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    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
    .........bullet
    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?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    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?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Helen M Wolcott Dir., President
    1.50     		0    
    PO Box 460847
    Denver,CO80246
    Oliver Wolcott Director
    2.00     		0    
    PO Box 460847
    Denver,CO80246
    Elizabeth Wolcott Dir., Secretary
    7.00     		0    
    PO Box 460847
    Denver,CO80246
    Peter Wolcott Dir.,Treas
    1.50     		0    
    PO Box 460847
    Denver,CO80246
    Steven Wolcott Dir., Chairman
    1.50     		0    
    PO Box 460847
    Denver,CO80246
    Jennifer Huggins Director
    1.50     		0    
    PO Box 460847
    Denver,CO80246
    Andrew Wolcott Director
    1.50     		0    
    PO Box 460847
    Denver,CO80246
    Kiva Williams Director
    1.50     		0    
    PO Box 460847
    Denver,CO80246
    Eli O Lindsey-Wolcott Director
    1.50     		0    
    PO Box 460847
    Denver,CO80246
    Naomi Kasper Director
    1.50     		0    
    PO Box 460847
    Denver,CO80246
    Jasmine Wolcott Director
    1.50     		0    
    PO Box 460847
    Denver,CO80246
    Noah Wolcott Director
    1.50     		0    
    PO Box 460847
    Denver,CO80246
    Ben D Lindsey-Wolcott Director
    1.50     		0    
    PO Box 460847
    Denver,CO80246
    Jordan W Huggins Director
    1.50     		0    
    PO Box 460847
    Denver,CO80246
    Jade W Huggins Director
    1.50     		0    
    PO Box 460847
    Denver,CO80246
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    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 organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 8
    Part X
    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...................
    1a
    1,823,821
    b
    Average of monthly cash balances.......................
    1b
    121,514
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,945,335
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    1,945,335
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    29,180
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,916,155
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    95,808
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    95,808
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    1,240
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,240
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    94,568
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    94,568
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    94,568
    Part XII
    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 ..........
    1a
    108,251
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    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 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    108,251
    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
    1,240
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    107,011
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2018     		(c)
    2018     		(d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 94,568
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2019:
    a From 2014......  
    b From 2015......  
    c From 2016......  
    d From 2017...... 4,301
    e From 2018...... 20,805
    fTotal of lines 3a through e........ 25,106
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 108,251
    a Applied to 2018, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2019 distributable amount..... 94,568
    e Remaining amount distributed out of corpus 13,683
    5 Excess distributions carryover applied to 2019.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 38,789
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		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) .......     		 
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		38,789
    10 Analysis of line 9:
    a Excess from 2015....  
    b Excess from 2016....  
    c Excess from 2017.... 4,301
    d Excess from 2018.... 20,805
    e Excess from 2019.... 13,683
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2019, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2019 (b) 2018 (c) 2017 (d) 2016
             
    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(j)(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(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList 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).)
    Helen M Wolcott
    Oliver Wolcott
    bList 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.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    The Wolcott Family Foundation
    PO Box 460847
    Denver,CO80246
    (720) 940-9116
    bThe form in which applications should be submitted and information and materials they should include:
    Completed Grant Application Cover Letter.A cover letter.Program budget showing revenues and expenses.Copy of IRS 501(c)(3) exemption letter.Two references of groups or people in the applicants field.List of board members and their relevant activities.Key staff biographies.Progress reports for repeat applicants.Two or three pages of narrative is recommended with a detailed description of the project. Comments should cover the following:- Is it a new project or expansion of an existing project?- What are the goals, objectives, strategies and time line?- Whom will it serve?- How will you evaluate the project?- Include names of other organizations that you work with.
    cAny submission deadlines:
    Generally, the first Friday of September
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Priority is given to organizations that:- empower individuals and communities to organize for social change.- seek to strengthen civil liberties and civil rights (e.g. equal opportunity, equal justice and racism, equal protection and due process, disabilities and reproductive rights).-build community development that seek to break the cycle of poverty, create economic opportunity and build effective leadership in distressed communities (e.g. access to quality employment, leadership development, community participation).- demonstrates linkage and interdependence of ecosystems and economies with win-win solutions and collaborative approaches.Consideration is given to projects that emphasize environmental preservation, advocacy and community involvement aimed at root causes of societal problems.The following are not funded:- groups with annual budgets over $350,000.- individuals.- scholarship.- capital campaigns.- endowments.Organizations must be non-profits per IRC Section 501(c)(3).Prio
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    New Foundations
    901 West 14th Ave Ste 7
    Denver,CO80204     		None 509-a1 Alternative to Violence Program, One-to-One Visitation programs-community outreach and for training woman and helping their families find alternatives to violence after incarceration or drug rehab. 4,000
    Grand Valley Citizens Alliance
    713 Storm King Circle
    New Castle,CO81647     		None 509-a3 Supported organization is the Western Colorado Congress, a 509(a)(1) organization.General support to organize residents and industry to reduce environmental impact of oil and gas operations. 5,000
    Colorado Springs Teen Court
    PO Box 2169
    Colorado Springs,CO80901     		None   Helping first time juvenile offenders through the positive power of peer influence and restorative justice solutions to stop criminal behavior at is earliest stage. 2,000
    NFRUA-WESERC Conservation Center
    PO Box 1612
    Paonia,CO81428     		None   Advocate for natural gas development, to work with the coal mines to minimize environmental damage, protect public lands, monitor water quality, promote recycling in Delta County, manage the Paonia River Park, and educate the public about environmental issues. 5,000
    Lifespark Cancer Resources
    355 S Teller Street St 200
    Lakewood,CO80226     		None 509-a3 (a/k/a Healing Buddies, Inc.) General support to integrate energy therapies within medical and community based service programs for cancer clients and health care professionals. 5,000
    CNDN Growing Colorado Kids
    4130 N Tejon ST
    Denver,CO80211     		None   Helping refugee teenagers (from Somalian agrarian roots) form connections with their new home, from the ground up" Gardening program where teens farm and take home produce to feed their families, 5,000
    Hispanic Affairs Project
    300 N Cascade Ave Suite C4
    Montrose,CO81401     		None   Overall efforts focusing on 1) immigrant rights and community integration 2) capacity building 3) civic engagement 4) Immigrant advocacy. 1,000
    Centro Humanitario
    2260 California Street
    Denver,CO80205     		None   Provides educational opportunities and ensures safe working conditions for day laborers in Denver. 1,000
    Companeros Four Corners Immigrant R
    1022 1/2 Main Ave
    Durango,CO81301     		None 501(c)(3) To create positive social change by supporting immigrants and their families through advocacy, education and integrative programming. 500
    350 Colorado
    2861 Ellison Place
    Denver,CO80304     		None   Build the grassroots movement, to solve the climate crisis and transition to a sustainable future. 5,000
    Challenge Denver
    789 Sherman St 250
    Denver,CO80203     		None   Improve school and community climate by ensuring that basic social emotional needs are met, thereby allowing students to focus on learning. 5,000
    Citizens for a Healthy Community
    The Hive 130 Grand Ave Ste 105
    Paonia,CO81428     		None   Protect people and their environment from risky drilling in our region of western Colorado. 5,000
    Street's Hope
    PO Box 19416
    Denver,CO80219     		None   Residential treatment program assisting women wanting to leave the sex industry with safe housing, healthy nutrition, healing from trauma, addiction recovery and case management. 1,000
    Jovial Concepts
    13095 W Cedar Dr 102
    Lakewood,CO80123     		None   To empower underserved communities to thrive by offering sustainable solutions and educating future leaders through garden programs in the Edgewater, Lakewood and Denver areas. 5,000
    Sheep Mountain Alliance
    PO BOX 389
    TELLURIDE,CO81435     		None   Dedicated To preserving the natural environment in the Telluride region and southwestern CO. To protect, and educate people about, regional ecosystems, wildlife habitats, and watersheds. 5,000
    Wild Connections
    2168 Pheasant Pl
    Coloardo Springs,CO80909     		None   To protect and restore the lands that are needed to ensure the survival of native species and the ecological richness of the Upper Arkansas and South Platte watersheds in Central CO. 4,850
    Conejos Clean Water
    PO Box 153
    Antonio,CO81120     		None   Beginning in 2010, Conejos Clean Water (CCW) incorporated in order to promote awareness around health and environmental justice issues that affect residents in Conejos County, as a vehicle for protecting public health, and to responsibly manage natural resources. Since then, we have evolved into our current mission to build public awareness and encourage advocacy and education around environmental, social, economic, and food justice issues in the Conejos Land Grant Region of southern Colorado. 500
    Colorado Teen Project
    1301 Arapahoe Street Suite 105
    Golden,CO80401     		None   The mission of the Colorado Teen Project (CTP) is to empower youth aging out of the foster care system to reach personal success in their transition into adulthood through educational programming, therapeutic support, and connections to community resources. 2,000
    Herbal Gardens Wellness
    PO Box 387
    Hartsel,CO80449     		None   The overall native philosophy of Herbal Gardens Wellness is to become, to take action, to steward, and to assist those around us through our integrative community helth and wellness model. We work to protect the water and the environment for future generations while working to dismantle systems of oppression. 5,000
    Uncompahgre Partnership
    PO Box 3232
    Montrose,CO81402     		None   The UPs mission is to improve the health of our public lands and support vibrant communities and economies in western Colorado (CO) using best available science, citizen engagement and adaptive management. These projects help improve the sustainability of our ecosystem and support our local economies, which are highly dependent on tourism-based on recreation on our public lands (hunting, fishing, camping, ATV use, mountain biking, and hiking). In addition, our projects support a local restoration economy by providing work to local contractors and a wood supply to the the last remaining large sawmill in the state, located in Montrose, CO. 4,000
    High County Conservation Advocates
    PO Box 1066
    Crested Butte,CO81224     		None   We advocate for protection along the high alpine tundra of the Raggeds Wilderness and Collegiates, past the steep cliffs of the Black Canyon, from the North Fork of the Gunnison Rivers rolling scrub oak hills and aspen groves, to the rushing waters of the Lake Fork. Our work ensures these iconic public lands and waters will behealthy for generations to come. 5,000
    Sprout City Farms
    PO Box 181396
    Denver,CO80218     		None   SCF is dedicated to cultivating educational urban farms that engage and strengthen communities through equitable food production, distribution, access, and education. 5,000
    Colorado Springs Food Rescue
    702 E Boulder St
    Colorado Springs,CO80903     		None   Our mission is To cultivate a healthy, equitable food system in the Greater Colorado Springs community. We accomplish this through community-driven healthy food access & education programs. Each week, 50+ CSFR volunteers redistribute healthy groceries to 25+ partnership locations that serve a total estimated 10,000 unduplicated people each year. We redistribute over 25,000 lbs of food per month, and have rescued nearly $3 million dollars worth of healthy food since founding in late 2013. 2,500
    Rio Grande Watershed
    PO Box 1257
    Center,CO81125     		None   RGWCEI's mission is to provide dynamic conservation education to the San Luis Valley through connections, collaborations, and experiences that increase understanding of working landscapes and natural resources stewardship. RGWCEI collaborates with a wide variety of agencies within the San Luis Valley to provide meaningful interactions between students and their environment, whether on public lands or privately owned farms and ranches. 5,000
    Total .................................bullet 3a 88,350
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 51,399  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 76,333  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -468  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   127,264  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    127,264
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 13
    Part XVII
    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) (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...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (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) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    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.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2019)
    Additional Data


    Software ID: 17005038
    Software Version: 2017v2.2


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2017 AccountingFeesSchedule
    Name:
    The Wolcott Family Foundation
    EIN:
    84-1570728
    Software ID:
    17005038
    Software Version:
    2017v2.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting Fees 3,878 0 0 3,878

    TY 2017 InvestmentsCorpBondsSchedule
    Name:
    The Wolcott Family Foundation
    EIN:
    84-1570728
    Software ID:
    17005038
    Software Version:
    2017v2.2
    Name of Bond End of Year Book Value End of Year Fair Market Value
    SYSCO Corp Note 20,285 19,704
    Wells Fargo CO MTN 20,249 19,574
    Morgan Stanley MTN 22,150 20,858
    Verizon Communications    
    AT&T Inc Note 20,823 19,917
    Enbridge Inc Note 19,983 19,290
    JPMorgan Chase & CO Note 20,411 19,551
    Southern CO Note 19,923 19,135
    INTL Paper CO Note 20,621 19,832
    Deere John CAP Corp 19,962 18,930
    Dominion Energy Inc Note 20,917 19,503
    Regency CTRS LP Note 20,488 19,452
    Halliburton CO Note 20,677 19,105
    Autozone Inc Note 19,442 18,391
    Westpac Banking Corp Note 19,512 18,456
    LYB International Finance Note 19,814 18,150
    Dr. Pepper Snapple Group Inc Note 20,143 18,113
    Federal Realty Note 19,817 18,592
    CBS Corp Note 19,805 17,922
    Unamortized Premium or Discount 2,041  
    Dow Chemical CO Note 20,477 20,192
    Celgene Corp Bond 20,514 19,391

    TY 2017 InvestmentsOtherSchedule2
    Name:
    The Wolcott Family Foundation
    EIN:
    84-1570728
    Software ID:
    17005038
    Software Version:
    2017v2.2
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    T Rowe Price GNMA fund AT COST 408,267 385,543
    Parnassus Endeaver Inst Fund AT COST 730,045 858,986
    TCW Emerging MKTS Income AT COST 28,804 26,020
    USAA High Income Fund AT COST 44,420 41,443
    USAA Income Fund AT COST 22,275 21,080
    USAA Intermediate Term Bond AT COST 17,815 16,931
    USAA Short Term Bond AT COST 4,375 4,296

    TY 2017 OtherExpensesSchedule
    Name:
    The Wolcott Family Foundation
    EIN:
    84-1570728
    Software ID:
    17005038
    Software Version:
    2017v2.2
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Business Registration Fees 10     10
    Contract Services 2,223     2,223
    Other Types of Expenses 71     71
    Postage, Mailing Service 156     156
    Supplies 154     154


    TY 2017 OtherIncomeSchedule2
    Name:
    The Wolcott Family Foundation
    EIN:
    84-1570728
    Software ID:
    17005038
    Software Version:
    2017v2.2
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income 76,333 76,333  


    TY 2017 OtherProfessionalFeesSchedule
    Name:
    The Wolcott Family Foundation
    EIN:
    84-1570728
    Software ID:
    17005038
    Software Version:
    2017v2.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Advisory Fees 3,539 3,539 0 0


    TY 2017 TaxesSchedule
    Name:
    The Wolcott Family Foundation
    EIN:
    84-1570728
    Software ID:
    17005038
    Software Version:
    2017v2.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Federal Taxes 216 216