Form990-PF

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
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
Denver Public Schools Retired Employees
Association Foundation
Number and street (or P.O. box number if mail is not delivered to street address)2408 S Utica Street
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Denver, CO802196402
A Employer identification number

84-1331121
B Telephone number (see instructions)

(303) 934-6678
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$6,932,435J 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) 118,491
2 Check bullet.............
3 Interest on savings and temporary cash investments 41,788 41,788 41,788
4 Dividends and interest from securities... 355,342 355,342 355,342
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -84,083
b Gross sales price for all assets on line 6a 5,679,287
7 Capital gain net income (from Part IV, line 2)... 0
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).......      
12 Total. Add lines 1 through 11........ 431,538 397,130 397,130
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
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 15,100 15,100 0 15,100
c Other professional fees (attach schedule).... Click to see attachment 1,479 1,479 1,479 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,599 4,599 4,599 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 46,032 46,032 46,032 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 67,210 67,210 52,110 15,100
25 Contributions, gifts, grants paid....... 443,086 443,086
26 Total expenses and disbursements. Add lines 24 and 25 510,296 67,210 52,110 458,186
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -78,758
b Net investment income (if negative, enter -0-) 329,920
c Adjusted net income (if negative, enter -0-)... 345,020
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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.............      
2 Savings and temporary cash investments......... 561,837 705,488 705,488
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)....... 434,188 Click to see attachment204,793 204,755
c Investments—corporate bonds (attach schedule)....... 727,892 Click to see attachment604,117 548,897
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans............. 563 458 310
13 Investments—other (attach schedule).......... 6,075,865 Click to see attachment6,206,731 5,472,985
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) 7,800,345 7,721,587 6,932,435
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 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 7,800,345 7,721,587
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)..... 7,800,345 7,721,587
31 Total liabilities and net assets/fund balances (see instructions). 7,800,345 7,721,587
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 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
7,800,345
2
Enter amount from Part I, line 27a .....................
2
-78,758
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,721,587
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
7,721,587
Form 990-PF (2018)
Form 990-PF (2018)
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 Western Asset Premier Bond P 2018-07-19 2018-09-19
b Western Asset Premier Bond P 2005-07-26 2018-11-30
c ADT Corp P 2017-01-03 2018-12-28
d AECOM P 2017-03-07 2018-12-27
e AES Corp P 2016-09-19 2018-03-01
AES Corp P 2017-09-07 2018-12-28
Ally Financial P 2018-11-14 2018-12-27
Ally Financial P 2016-09-16 2018-12-27
AMC Networks Inc P 2017-08-09 2018-12-26
American Axle & Manufacturing P 2018-06-21 2018-12-26
Amerigas Finance LLC P 2016-09-19 2018-12-26
Amsurg Corp P 2016-09-19 2018-10-26
Antero Resources Corp P 2017-05-04 2018-12-27
Antero Resources Corp P 2016-09-15 2018-12-27
Aramark Services Inc P 2016-12-07 2018-12-26
Berry Plastics Corp P 2016-09-12 2018-12-27
Blue Cube Spinco P 2016-11-04 2018-12-26
Boyd Gaming Corp P 2016-09-13 2018-12-28
CBS Outdoor P 2016-09-13 2018-12-26
CCO Holdings LLC P 2018-05-09 2018-12-26
CCO Holdings LLC P 2016-09-15 2018-12-26
CCO Holdings LLC P 2018-02-14 2018-12-28
Centene Corp P 2016-10-04 2018-12-28
CenturyLink Inc P 2017-06-09 2018-12-26
CF Industries Inc P 2017-10-25 2018-12-27
Chemours Co P 2016-09-09 2018-06-06
Chesapeake Energy Corp P 2018-05-15 2018-12-26
Chesapeake Energy Corp P 2018-05-15 2018-12-27
Clear Channel Worldwide P 2016-09-13 2018-12-26
CNH Capital Company LLC P 2016-10-14 2018-04-16
Concho Resources Inc P 2017-10-03 2018-12-27
Consol Energy Inc P 2016-10-03 2018-12-27
Crown America P 2016-11-17 2018-12-26
CSC Holdings Inc P 2016-10-20 2018-07-16
CSC Holdings Inc P 2018-07-18 2018-12-27
CSC Holdings Inc P 2016-09-19 2018-12-27
Davita Healthcare P 2016-09-13 2018-12-28
Davita Inc P 2016-09-26 2018-12-26
Diamond Offshore Drill P 2017-09-26 2018-12-26
Diamondback Energy P 2017-07-28 2018-12-26
Diamondback Energy P 2018-02-07 2018-12-27
Dish DBS Corp P 2016-09-22 2018-05-08
Dish DBS Corp P 2018-03-06 2018-12-27
Equinix P 2016-09-19 2018-12-26
Freeport-McMoran P 2018-10-01 2018-12-26
Goodyear Tire & Rubber P 2017-05-04 2018-12-28
Graphic Packaging P 2016-10-24 2018-12-26
HCA Inc P 2016-09-13 2018-09-10
HCA Inc P 2017-03-16 2018-12-27
HCA Inc P 2018-06-19 2018-12-27
ICAHN Enterprises P 2016-09-15 2018-12-26
International Lease Finance Corp P 2016-09-13 2018-12-28
Iron Mountain P 2016-09-16 2018-12-26
ISTAR Financial Inc P 2016-10-04 2018-07-27
ISTAR Financial Inc P 2016-10-04 2018-11-02
ISTAR Inc P 2017-10-16 2018-02-09
ISTAR Inc P 2016-09-23 2018-12-28
Kennedy-Wilson Inc P 2017-02-21 2018-12-28
Lamar Media Corp P 2016-09-29 2018-12-28
Lennar Corp P 2016-09-16 2018-12-28
Lennar Corp P 2016-10-07 2018-12-28
Leucadia National Corp P 2016-09-15 2018-12-27
Level 3 Communications P 2016-10-03 2018-12-27
Level 3 Financing Inc P 2016-09-13 2018-12-26
Limited Brands Inc P 2018-06-20 2018-12-27
LKQ Corp P 2016-10-06 2018-12-28
Masco Corp P 2016-09-12 2018-10-03
MGIC Investment Corp P 2016-09-09 2018-12-27
MGM Resorts P 2016-09-13 2018-11-27
MGM Resorts P 2016-10-18 2018-12-28
MPT Oper Partnership P 2018-01-10 2018-12-26
Murphy Oil Corp P 2017-04-20 2018-12-28
Nationstar Mortgage P 2016-09-20 2018-08-01
Nationstar Mortgage P 2016-09-22 2018-08-15
Nationstar Mortgage P 2016-09-13 2018-12-27
NCR Corp P 2018-04-02 2018-12-11
NCR Corp P 2018-04-24 2018-12-13
Netflix Inc P 2018-10-03 2018-12-26
Netflix Inc P 2018-03-29 2018-12-26
NRG Energy Inc Company P 2017-12-01 2018-12-28
NRG Yield Operating LLC P 2014-01-23 2018-12-27
Olin Corp P 2018-07-27 2018-12-27
Precision Drilling Corp P 2017-03-27 2018-12-28
Pulte Group Inc P 2016-09-12 2018-12-26
PVH Corp P 2016-10-03 2018-01-05
Range Resources Corp P 2017-03-08 2018-12-27
Rite Aid Corp P 2016-10-14 2018-06-25
Rowan Companies Inc P 2017-01-08 2018-12-27
Royal Caribbean Cruises P 2016-09-09 2018-12-27
Sabine Pass Liquefaction P 2016-09-09 2018-11-27
SBA Communications P 2018-02-06 2018-12-26
SBA Communications P 2018-03-02 2018-12-27
Seagate HDD Cayman P 2016-10-26 2018-01-30
Seagate HDD Cayman P 2016-10-25 2018-02-20
Service Corp Intl P 2018-01-17 2018-12-27
SESI Company P 2017-03-03 2018-12-26
SLM Corp P 2016-09-15 2018-05-08
SLM Corp P 2016-09-13 2018-05-09
Southwestern Energy Co P 2017-12-08 2018-12-27
Sprint Corp P 2018-07-31 2018-12-26
Sprint Nextel Corp P 2016-09-16 2018-12-27
Standard Pacific Corp P 2016-10-12 2018-05-15
Starwood Property Trust P 2017-07-19 2018-12-27
Summit Materials LLC P 2016-09-13 2018-12-28
Sunoco LP/Finance Corp P 2016-11-09 2018-01-23
Teleflex Inc Company P 2017-11-28 2018-12-28
T-Mobile USA Inc P 2016-09-13 2018-01-16
T-Mobile USA Inc P 2017-05-16 2018-12-27
T-Mobile USA Inc P 2017-04-28 2018-12-28
Toll Bros Finance Corp P 2018-01-10 2018-12-27
Transocean Inc P 2017-03-31 2018-11-29
Transocean Inc P 2017-04-03 2018-12-26
Tri Pointe Holdings Inc P 2017-03-14 2018-12-27
Tribune Media Co P 2016-09-26 2018-12-27
United Rentals North P 2017-09-14 2018-12-27
Vereit Operating Partner P 2016-09-19 2018-03-15
Vereit Operating Partner P 2016-09-16 2018-03-19
Verisign Inc P 2016-09-16 2018-12-28
Western Digital Corp P 2017-02-09 2018-02-13
Western Digital Corp P 2017-02-10 2018-02-13
Zayo Group P 2016-09-09 2018-12-28
JP Morgan Value Advantage Class L P 2016-12-09 2018-01-23
JP Morgan Value Advantage Select P 2016-12-09 2018-01-23
Templeton Income Global Bond Fund P 2012-10-10 2018-05-23
Western Asset Core Plus Bond Fund P 2005-07-12 2018-11-15
3M Company P 2018-01-12 2018-02-08
AllianceBernstein P 2018-07-19 2018-12-17
Alphabet Inc P 2017-12-18 2018-02-09
Alphabet Inc P 2018-07-13 2018-10-24
Alphabet Inc P 2018-01-04 2018-10-24
Apple Inc P 2017-12-18 2018-12-20
Berkshire Hathaway Inc P 2017-12-01 2018-12-24
Blackstone Group P 2018-07-19 2018-10-23
Boeing Co P 2017-12-01 2018-03-28
BP PLC P 2018-07-19 2018-12-26
Chevron Corporation P 2016-07-29 2018-10-12
Exxon Mobil P 2018-01-02 2018-02-09
Facebook Inc P 2017-12-07 2018-02-08
Facebook Inc P 2018-07-17 2018-10-24
First Trust Dow Jones P 2018-07-13 2018-10-24
First Trust Dow Jones Internet Index Fund P 2018-12-03 2018-12-20
First Trust Value Line P 2016-06-30 2018-01-24
First Trust Value Line P 2017-02-23 2018-03-23
Goldman Sachs Group P 2017-12-01 2018-03-19
Guggenheim S&P 500 P 2017-12-28 2018-02-09
Home Depot Inc P 2017-12-04 2018-02-06
Intel Corp P 2017-12-18 2018-03-23
Invesco QQQ P 2017-12-15 2018-10-24
Invesco QQQ P 2018-12-03 2018-12-17
Invesco TR S&P 500 Trust P 2018-12-03 2018-12-17
Invesco TR Taxable Muni Bond P 2018-07-19 2018-09-19
Ishares Russell 2000 P 2017-12-04 2018-02-09
Ishares Russell 2000 P 2018-11-30 2018-12-14
Ishares US Technology P 2018-12-03 2018-12-20
Johnson & Johnson P 2017-12-01 2018-02-06
McDonalds Corp P 2017-12-05 2018-03-02
Microsoft Corp P 2017-12-12 2018-02-08
Microsoft Corp P 2018-07-12 2018-10-24
Royal Dutch Shell P 2018-07-19 2018-10-29
Sector SPDR Technology P 2016-07-29 2018-10-24
Select Sector S&P 500 Trust P 2017-12-04 2018-02-09
Select Sector SPDR Health Care P 2016-07-29 2018-03-19
Select Sector SPDR Energy P 2016-07-29 2018-02-09
Select Sector SPDR Financial P 2016-09-01 2018-03-22
Select Sector SPDR Materials P 2016-07-29 2018-03-16
Select Sector SPDR Real Estate P 2016-09-22 2018-09-19
SPDR Dow Jones Industrial Average P 2017-12-04 2018-02-09
SPDR Dow Jones Industrial Average P 2018-12-03 2018-12-17
SPDR S&P 500 Trust P 2018-11-30 2018-12-17
SPDR S&P MidCap 400 Trust P 2017-12-04 2018-02-06
SPDR S&P MidCap 400 Trust P 2018-11-30 2018-12-14
United Health Group Inc P 2017-12-04 2018-03-19
AAM Cohen & Steers MLP Midstream P 2016-07-21 2018-06-08
First Trust Capital Stregth Portfolio Ser 34 P 2016-07-08 2018-06-29
First Trust Capital Stregth Portfolio Ser 36 P 2017-02-14 2018-12-14
First Trust Capital Strength Portfolio Ser 32 P 2016-07-29 2018-06-12
First Trust Muni Advantage C-E Ser 33 P 2016-04-14 2018-03-19
First Trust Muni Income Select Ser 76 P 2016-05-20 2018-05-22
First Trust Senior Loan & Limited P 2017-04-04 2018-07-18
Guggenheim Enhanced 16 Portfolio Ser 6 P 2017-02-14 2018-04-10
Guggenheim Enhanced Quality 16 Ser 7 P 2017-05-10 2018-07-11
Guggenheim Income & Treasury Ser 52 P 2017-06-13 2018-09-12
Guggenheim Infrastructure & MLP Portfolio Ser 28 P 2016-11-22 2018-09-19
Guggenheim National Municipal Portfolio Ser 30 P 2016-05-20 2018-05-14
Guggenheim NDR Thematic Opptys Portfolio Ser 1 P 2017-10-30 2018-11-30
Guggenheim Total Income Portfolio Ser 8 P 2016-08-25 2018-08-28
(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 19,910   20,052 -142
b 68,848   86,537 -17,689
c 2,055   2,213 -158
d 1,990   2,232 -242
e 2,265   2,399 -134
2,008   2,140 -132
1,965   2,048 -83
3,168   3,421 -253
1,843   2,014 -171
1,826   2,023 -197
1,854   2,132 -278
5,141   5,211 -70
1,909   2,109 -200
1,939   2,039 -100
2,011   2,102 -91
2,008   2,062 -54
2,287   2,398 -111
2,022   2,196 -174
1,989   2,145 -156
2,009   2,123 -114
2,015   2,052 -37
1,986   2,005 -19
1,982   2,106 -124
1,953   2,265 -312
1,840   2,015 -175
2,105   1,980 125
1,645   2,069 -424
1,843   2,069 -226
2,005   2,106 -101
5,000   5,070 -70
1,995   2,129 -134
1,942   1,915 27
1,976   2,052 -76
5,000   5,498 -498
1,836   1,939 -103
2,072   2,164 -92
1,900   2,062 -162
2,027   2,109 -82
1,658   2,119 -461
1,958   2,094 -136
1,920   2,036 -116
4,208   4,523 -315
1,864   1,962 -98
2,067   2,140 -73
1,903   1,954 -51
1,800   2,017 -217
2,024   2,156 -132
5,024   5,163 -139
2,037   2,171 -134
2,075   2,131 -56
2,031   1,951 80
2,155   2,412 -257
1,930   2,042 -112
2,000   2,032 -32
1,000   1,016 -16
4,954   5,121 -167
1,965   2,071 -106
1,900   2,137 -237
2,014   2,160 -146
1,888   2,069 -181
2,001   2,125 -124
2,051   2,145 -94
1,999   2,106 -107
1,894   2,082 -188
2,083   2,160 -77
1,911   2,109 -198
4,273   4,610 -337
3,043   3,170 -127
2,092   2,274 -182
3,130   3,403 -273
1,910   2,127 -217
2,029   2,154 -125
5,000   5,109 -109
5,000   5,366 -366
1,994   1,957 37
1,936   2,027 -91
2,913   3,057 -144
2,033   2,130 -97
2,028   2,131 -103
2,090   2,213 -123
1,930   2,103 -173
1,850   2,004 -154
4,183   4,831 -648
1,942   2,132 -190
5,113   5,293 -180
1,661   1,897 -236
4,068   4,308 -240
5,787   6,736 -949
2,101   2,225 -124
5,282   5,340 -58
1,895   2,033 -138
2,004   2,041 -37
1,998   1,947 51
2,908   2,934 -26
1,989   2,134 -145
4,282   5,232 -950
5,375   5,576 -201
3,079   3,080 -1
1,938   2,176 -238
1,935   2,074 -139
2,269   2,356 -87
4,000   4,536 -536
1,968   2,103 -135
2,039   2,058 -19
5,138   5,180 -42
1,857   2,045 -188
5,153   5,314 -161
1,951   2,166 -215
2,114   2,209 -95
1,839   2,117 -278
1,479   1,665 -186
2,817   3,336 -519
1,765   2,065 -300
2,062   2,044 18
1,914   2,178 -264
3,079   3,217 -138
2,045   2,145 -100
1,981   2,068 -87
2,335   2,450 -115
2,335   2,456 -121
1,921   2,147 -226
500,000   436,617 63,383
53,077   41,552 11,525
102,004   114,855 -12,851
1,280,000   1,233,897 46,103
18,000   19,760 -1,760
35,649   41,595 -5,946
20,000   22,611 -2,611
45,775   52,056 -6,281
75,374   71,188 4,186
41,162   49,296 -8,134
19,050   20,575 -1,525
37,893   40,540 -2,647
20,310   19,869 441
33,323   40,563 -7,240
20,466   20,177 289
17,467   20,399 -2,932
19,002   20,166 -1,164
18,007   25,070 -7,063
42,186   50,261 -8,075
38,295   44,160 -5,865
64,958   55,664 9,294
19,283   19,122 161
20,599   19,995 604
28,346   29,943 -1,597
18,107   20,029 -1,922
10,640   9,912 728
31,760   29,902 1,858
39,809   44,149 -4,340
40,537   44,436 -3,899
19,472   19,853 -381
28,097   30,227 -2,130
40,889   44,085 -3,196
38,788   44,568 -5,780
8,988   9,815 -827
16,483   19,477 -2,994
18,870   19,819 -949
73,545   74,886 -1,341
35,581   40,512 -4,931
14,512   9,993 4,519
28,269   29,314 -1,045
11,009   9,778 1,231
9,735   10,090 -355
11,156   9,838 1,318
12,087   9,981 2,106
1,857   1,805 52
28,319   29,398 -1,079
40,461   44,194 -3,733
41,087   44,006 -2,919
28,304   29,595 -1,291
41,334   44,377 -3,043
19,038   20,210 -1,172
350,713   411,763 -61,050
233,097   184,768 48,329
84,985   77,230 7,755
101,375   80,309 21,066
230,575   253,567 -22,992
51,400   60,339 -8,939
199,992   223,594 -23,602
60,566   56,105 4,461
58,858   51,019 7,839
24,348   26,364 -2,016
107,356   115,803 -8,447
49,664   60,231 -10,567
63,106   71,880 -8,774
398,957   413,134 -14,177
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       -142
b       -17,689
c       -158
d       -242
e       -134
      -132
      -83
      -253
      -171
      -197
      -278
      -70
      -200
      -100
      -91
      -54
      -111
      -174
      -156
      -114
      -37
      -19
      -124
      -312
      -175
      125
      -424
      -226
      -101
      -70
      -134
      27
      -76
      -498
      -103
      -92
      -162
      -82
      -461
      -136
      -116
      -315
      -98
      -73
      -51
      -217
      -132
      -139
      -134
      -56
      80
      -257
      -112
      -32
      -16
      -167
      -106
      -237
      -146
      -181
      -124
      -94
      -107
      -188
      -77
      -198
      -337
      -127
      -182
      -273
      -217
      -125
      -109
      -366
      37
      -91
      -144
      -97
      -103
      -123
      -173
      -154
      -648
      -190
      -180
      -236
      -240
      -949
      -124
      -58
      -138
      -37
      51
      -26
      -145
      -950
      -201
      -1
      -238
      -139
      -87
      -536
      -135
      -19
      -42
      -188
      -161
      -215
      -95
      -278
      -186
      -519
      -300
      18
      -264
      -138
      -100
      -87
      -115
      -121
      -226
      63,383
      11,525
      -12,851
      46,103
      -1,760
      -5,946
      -2,611
      -6,281
      4,186
      -8,134
      -1,525
      -2,647
      441
      -7,240
      289
      -2,932
      -1,164
      -7,063
      -8,075
      -5,865
      9,294
      161
      604
      -1,597
      -1,922
      728
      1,858
      -4,340
      -3,899
      -381
      -2,130
      -3,196
      -5,780
      -827
      -2,994
      -949
      -1,341
      -4,931
      4,519
      -1,045
      1,231
      -355
      1,318
      2,106
      52
      -1,079
      -3,733
      -2,919
      -1,291
      -3,043
      -1,172
      -61,050
      48,329
      7,755
      21,066
      -22,992
      -8,939
      -23,602
      4,461
      7,839
      -2,016
      -8,447
      -10,567
      -8,774
      -14,177
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 -84,083
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 -95,752
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))
2017 427,097 7,857,858 0.054353
2016 395,997 7,780,035 0.050899
2015 391,443 7,908,202 0.049498
2014 371,067 8,063,637 0.046017
2013 388,051 8,336,926 0.046546
2
Total of line 1, column (d) .....................
2
0.247313
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
0.049463
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
7,384,107
5
Multiply line 4 by line 3......................
5
365,240
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,299
7
Add lines 5 and 6........................
7
368,539
8
Enter qualifying distributions from Part XII, line 4,.............
8
458,186
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 (2018)
Form 990-PF (2018)
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 3,299
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 0
3 Add lines 1 and 2........................... 3 3,299
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 3,299
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 2,920
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 3,500
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,420
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 21
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 3,100
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet270 RefundedBullet 11 2,830
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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
     
    No
    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 2018 or the taxable year beginning in 2018? 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 (2018)
    Form 990-PF (2018)
    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 addressbullethttp://www.dpsrea.org
    14
    The books are in care ofbulletAdrienne Havey Telephone no.bullet (720) 849-7391

    Located atbullet7447 West 35th AvenueWheat RidgeCO ZIP+4bullet80033
    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 2018, 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
     
     
    ........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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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
     
     
    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 2018 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 2018.)..................
    3b
     
     
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
     
     
    .........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
     
     
    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
    Donald E Giseburt President
    15.00     		0 0 0
    2408 S Utica Street
    Denver,CO80219
    Lawrence P Corsa Board Member
    1.00     		0 0 0
    2408 S Utica Street
    Denver,CO80219
    Augusta L Hardy Board Member
    1.00     		0 0 0
    2408 S Utica Street
    Denver,CO80219
    Bernadette R Seick Board Member
    1.00     		0 0 0
    2408 S Utica Street
    Denver,CO80219
    Anna Pena-Wickard Board Member
    1.00     		0 0 0
    2408 S Utica Street
    Denver,CO80219
    Lynn Williams Board Member
    1.00     		0 0 0
    2408 S Utica Street
    Denver,CO80219
    Karen Ritz Immediate Past President
    1.00     		0 0 0
    2408 S Utica Street
    Denver,CO80219
    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 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    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.............bullet0
    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.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    6,862,892
    b
    Average of monthly cash balances.......................
    1b
    633,663
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,496,555
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    7,496,555
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    112,448
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,384,107
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    369,205
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    369,205
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    3,299
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,299
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    365,906
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    365,906
    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
    365,906
    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
    458,186
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    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
    458,186
    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
    3,299
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    454,887
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 365,906
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 146,255
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 458,186
    a Applied to 2017, but not more than line 2a 146,255
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 311,931
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (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 0
    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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		53,975
    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 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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).)
    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:
    Denver Public Schools Retired Emplo
    2408 S Utica Street
    Denver,CO80219
    (303) 934-6678
    bThe form in which applications should be submitted and information and materials they should include:
    Scholarship recipients must provide written proof of full-time enrollment from the registrar or financial office of their college or university. The use of scholarship funds is restricted to payment for tuition, books and fees. Students must maintain at least a 3.0 grade point average in order to renew their scholarship for a subsequent year. Should a student fail to do so, the college or university is instructed to return the scholarship funds to the Foundation.
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    The scholarship funds are restricted to payments for tuition, books, and fees. The student must maintain at least a 3.0 grade point average in order to renew their scholarship for a subsequent year.
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    Amira Otmane
    7495 E Quincy Ave Apt 308
    Denver,CO80237     		N/A N/A College Tuition Assistance 10,302
    Antonia Bottinelli
    1818 S Pearl St
    Denver,CO80210     		N/A N/A College Tuition Assistance 10,000
    Benjamin Kitchen
    3563 Wabash St
    Denver,CO80238     		N/A N/A College Tuition Assistance 10,000
    Braden Kerr
    3011 S Chester Ct
    Denver,CO80231     		N/A N/A College Tuition Assistance 10,000
    Caitlin Quinn
    310 Forest St
    Denver,CO80220     		N/A N/A College Tuition Assistance 10,000
    Camryn Guenther
    3030 S Clermont Dr
    Denver,CO80222     		N/A N/A College Tuition Assistance 10,000
    Christianne Padilla
    3300 W Florida Apt 69
    Denver,CO80219     		N/A N/A College Tuition Assistance 10,000
    Claire Wineman
    1834 Bellaire St
    Denver,CO80220     		N/A N/A College Tuition Assistance 10,000
    Colton Hook
    3047 S Claude Ct
    Denver,CO80210     		N/A N/A College Tuition Assistance 10,000
    Conor Messer
    2216 Gaylord St
    Denver,CO80205     		N/A N/A College Tuition Assistance 5,000
    Daniel McCorquodale
    1080 Holly St
    Denver,CO80220     		N/A N/A College Tuition Assistance 10,000
    Daniela Medina-Caro
    7510 W Amherst Ave Apt1-A
    Denver,CO80227     		N/A N/A College Tuition Assistance 12,784
    Danielle Ekstrand
    5425 E Bayaud Ave
    Denver,CO80246     		N/A N/A College Tuition Assistance 10,000
    Devin Mauro-Gallegos
    1530 S Vine St
    Denver,CO80210     		N/A N/A College Tuition Assistance 15,000
    Dylan Rozansky
    9068 E 25th Ave
    Denver,CO80238     		N/A N/A College Tuition Assistance 10,000
    Elaine Klawitter
    1039 Milwaukee St
    Denver,CO80206     		N/A N/A College Tuition Assistance 10,000
    Eleanor McSpirit
    1684 Grape St
    Denver,CO80220     		N/A N/A College Tuition Assistance 10,000
    Emma Kaspersen
    2840 S Eaton Way
    Denver,CO80227     		N/A N/A College Tuition Assistance 10,000
    Grace Romer
    840 Detroit St
    Denver,CO80206     		N/A N/A College Tuition Assistance 10,000
    Griffin Niles
    1790 Locust St
    Denver,CO80220     		N/A N/A College Tuition Assistance 10,000
    Jack Johnston
    184 S Roslyn St
    Denver,CO80230     		N/A N/A College Tuition Assistance 10,000
    Jacob Neumann
    5032 Forbes Ave SMC 2170
    Pittsburgh,PA15289     		N/A N/A College Tuition Assistance 10,000
    Johnathan Sundeen
    3865 S Poplar St
    Denver,CO80237     		N/A N/A College Tuition Assistance 10,000
    Kaysie Logan
    422 Humboldt St
    Denver,CO80218     		N/A N/A College Tuition Assistance 10,000
    Kristin Kraybill-Voth
    477 Ogden St
    Denver,CO80218     		N/A N/A College Tuition Assistance 10,000
    Lea Quinn Crawford
    2226 Newton St
    Denver,CO80211     		N/A N/A College Tuition Assistance 10,000
    Leora Busse
    6591 E Dakota Ave
    Denver,CO80224     		N/A N/A College Tuition Assistance 10,000
    Lindsay Young
    2989 Emporia Court
    Denver,CO80238     		N/A N/A College Tuition Assistance 10,000
    Madeline Gartland
    2435 N High St
    Denver,CO80205     		N/A N/A College Tuition Assistance 10,000
    Nathan Lepore
    9166 E 35th Ave
    Denver,CO80238     		N/A N/A College Tuition Assistance 10,000
    Nolan Kelly
    2501 Albion Street
    Denver,CO80207     		N/A N/A College Tuition Assistance 10,000
    Olivia Friedman
    4221 Umatilla St
    Denver,CO80211     		N/A N/A College Tuition Assistance 10,000
    Oscar Buchanan
    4212 Raleigh St
    Denver,CO80212     		N/A N/A College Tuition Assistance 10,000
    Othnielle Aitchedji
    4808 W Tennessee Ave
    Denver,CO80219     		N/A N/A College Tuition Assistance 10,000
    Piper Blackburn
    3353 Ulster St
    Denver,CO80238     		N/A N/A College Tuition Assistance 10,000
    Rachel Sadler
    1325 Fairfax St
    Denver,CO80220     		N/A N/A College Tuition Assistance 10,000
    Roger Nakagawa
    240 S Locust St
    Denver,CO80224     		N/A N/A College Tuition Assistance 10,000
    Sadia Mohammed
    2380 W 74th Ave
    Denver,CO80221     		N/A N/A College Tuition Assistance 10,000
    Shelby Parks
    200 S Eudora
    Denver,CO80246     		N/A N/A College Tuition Assistance 10,000
    Sydney Melnick
    2660 Bellaire Street
    Denver,CO80207     		N/A N/A College Tuition Assistance 10,000
    Theodore Culhane
    2201 Fairfax St
    Denver,CO80207     		N/A N/A College Tuition Assistance 10,000
    Theodore Walsh-Vial
    1657 Harrison St
    Denver,CO80206     		N/A N/A College Tuition Assistance 10,000
    Tiffany Le
    3282 S Jay St
    Denver,CO80227     		N/A N/A College Tuition Assistance 10,000
    William Schor
    180 Lafayette St
    Denver,CO80218     		N/A N/A College Tuition Assistance 10,000
    Zachary Robertson
    496 S York St
    Denver,CO80209     		N/A N/A College Tuition Assistance 10,000
    Total .................................bullet 3a 453,086
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 ...........     		    14 41,788  
    4 Dividends and interest from securities....     14 355,342  
    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    
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    14 -84,083  
    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).. 0 313,047 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    313,047
    (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 (2018)
    Form 990-PF (2018)
    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 (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    Denver Public Schools Retired Employees
    Association Foundation
    Employer identification number

    84-1331121
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    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
    Special Rules
    ......... Arrow Bullet $  
    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
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    Denver Public Schools Retired Employees
    Association Foundation         		Employer identification number
    84-1331121
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    Marie E Robinson Irrevocable Trust
     
    3033 E 1st Ave
     
    Denver, CO80206

    		$ 56,786


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    Harold Stetzler  
    2827 S Harlan Way
     
    Denver, CO80227

    		$ 50,471


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    Denver Public Schools Retired Employees
    Association Foundation         		Employer identification number

    84-1331121
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    Denver Public Schools Retired Employees
    Association Foundation         		Employer identification number

    84-1331121
    Part III
    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 $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (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) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    Denver Public Schools Retired Employees
     
    Association Foundation
    EIN:
    84-1331121
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting 15,100 15,100 0 15,100

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    Denver Public Schools Retired Employees
     
    Association Foundation
    EIN:
    84-1331121
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Corporate and Foreign Bonds 604,117 548,897

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    Denver Public Schools Retired Employees
     
    Association Foundation
    EIN:
    84-1331121
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Stocks, Options and EFTs 204,793 204,755

    TY 2018 InvestmentsOtherSchedule2
    Name:
    Denver Public Schools Retired Employees
     
    Association Foundation
    EIN:
    84-1331121
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Closed End Funds AT COST 69,655 64,091
    Mutual Funds AT COST 3,204,815 3,027,375
    Unit Investment Trusts AT COST 2,932,261 2,381,519

    TY 2018 OtherExpensesSchedule
    Name:
    Denver Public Schools Retired Employees
     
    Association Foundation
    EIN:
    84-1331121
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Scholarship Luncheon/Awards 2,250 2,250 2,250 0
    Office 1,032 1,032 1,032 0
    Insurance 2,199 2,199 2,199 0
    Asset Advisory Fee 40,551 40,551 40,551 0


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    Denver Public Schools Retired Employees
     
    Association Foundation
    EIN:
    84-1331121
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Other Professional Fees 1,479 1,479 1,479 0


    TY 2018 TaxesSchedule
    Name:
    Denver Public Schools Retired Employees
     
    Association Foundation
    EIN:
    84-1331121
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    2018 Estimated Tax Payments 4,599 4,599 4,599 0