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
LARRK Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)1001 17th Street No 1050
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Denver, CO80202
A Employer identification number

26-3818473
B Telephone number (see instructions)

(303) 884-0908
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$15,060,802J 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... 521,683 521,683  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,419,601
b Gross sales price for all assets on line 6a 11,425,342
7 Capital gain net income (from Part IV, line 2)... 1,419,601
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........ 1,941,284 1,941,284  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 130,000 6,500   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 38,157 1,908   0
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 11,949 0   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 28,800 4,518   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 506 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 4,888 0   0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 102,859 86,196   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 317,159 99,122   0
25 Contributions, gifts, grants paid....... 742,072 932,072
26 Total expenses and disbursements. Add lines 24 and 25 1,059,231 99,122   932,072
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 882,053
b Net investment income (if negative, enter -0-) 1,842,162
c Adjusted net income (if negative, enter -0-)...  
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............. 72,266 68,258 68,258
2 Savings and temporary cash investments.........      
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)....... 11,082,401 Click to see attachment8,101,476 8,101,476
c Investments—corporate bonds (attach schedule)....... 4,340,796 Click to see attachment5,595,320 5,595,320
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,339,195 Click to see attachment1,291,025 1,291,025
14 Land, buildings, and equipment: basis bullet29,320
Less: accumulated depreciation (attach schedule) bullet28,039 1,787 Click to see attachment1,281 1,281
15 Other assets (describe bullet) Click to see attachment3,442 Click to see attachment3,442 Click to see attachment3,442
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 16,839,887 15,060,802 15,060,802
Liabilities 17 Accounts payable and accrued expenses.......... 3,703 1,837
18 Grants payable................. 1,120,000 930,000
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)......... 1,123,703 931,837
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........ 15,716,184 14,128,965
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)..... 15,716,184 14,128,965
31 Total liabilities and net assets/fund balances (see instructions). 16,839,887 15,060,802
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
15,716,184
2
Enter amount from Part I, line 27a .....................
2
882,053
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
16,598,237
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,469,272
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
14,128,965
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 500000 Ventas Realty LP/CAP CRP P 2017-12-04 2018-02-15
b 100000 E*Trade Financial Corp P 2016-08-17 2018-02-01
c 3561 Charles Schwab Corp - SCHW C P 2015-09-01 2018-02-01
d 2000 JPMorgan Chase & Co - JPM H P 2015-07-22 2018-07-06
e 10000 Wells Fargo & Co - WFC J P 2017-08-10 2018-08-20
3000 Morgan Stanley - MS A P 2009-09-23 2018-09-14
175000 Anheuser-Busch Invev Fin Inc GTD FXD RT SR NT P 2018-01-17 2018-04-23
400000 Capital One Njatl Ass N Mclean VA FSC RT S R NT P 2017-12-07 2018-01-05
250000 Capital One Njatl Ass N Mclean VA FSC RT S R NT P 2017-09-20 2018-07-17
10000 Carbon Cnty WYO 2009 Specific Purp Tax J T Pwrs BRD Lease Rev P 2009-12-18 2018-06-15
100000 Carbon Cnty WYO 2009 Specific Purp Tax J T Pwrs BRD Lease Rev P 2009-12-18 2018-06-15
90000 Carbon Cnty WYO 2009 Specific Purp Tax J T Pwrs BRD Lease Rev P 2010-12-21 2018-06-15
250000 21fst Century Fox Amer Inc Sr DEB P 2018-02-16 2018-05-18
285000 CO Hsg & Fin Auth-B2 P 2017-06-28 2018-11-01
350000 Conring Inc P 2018-03-28 2018-05-08
500000 Deere John Cap Corp Medium Term Med Term NTS P 2018-06-19 2018-09-10
130000 Ecolab Inc P 2017-01-24 2018-01-12
250000 Enterprise Products Oper P 2018-02-16 2018-05-07
250000 Fifth Third Bancorp P 2016-11-14 2018-06-01
53000 Goldman Sachs Group Inc P 2017-08-21 2018-01-22
275000 Goldman Sachs Group Inc P 2017-09-18 2018-04-30
150000 Key Bank NA P 2018-01-03 2018-06-15
300000 Loyola P 2018-01-16 2018-07-02
300000 Nmanuf & Traders Trust Co P 2018-01-02 2018-02-05
190000 MUFG Amers Hldgs Corp Fixed Rate SR NT P 2018-08-27 2018-11-08
90000 Morgan Stanley - MS A P 2018-02-15 2018-04-02
250000 Pacificorp First Mtg Bd P 2018-06-13 2018-07-06
235000 Regl Transprtn Auth I P 2017-12-06 2018-05-04
200000 Rogers Communications Inc SR NT P 2017-05-17 2018-04-13
200000 State Street Corp P 2017-12-20 2018-03-15
332 Ishares JP Morgan Em Bond ETF P 2017-04-06 2018-04-06
18 Ishares JP Morgan Em Bond ETF P 2017-11-13 2018-04-06
1522 Wisdomtree Trust Japan Hedge EQ P 2017-04-06 2018-01-12
507 Ishares Core MSCI Emerging P 2015-04-17 2018-04-06
54 Ishares Russell Midcap G EtF P 2013-11-08 2018-04-06
336 Ishares Russell Midcap G EtF P 2014-08-15 2018-04-06
629 Ishares Russell 1000 GRW ETF P 2015-04-17 2018-04-06
28 Ishares Russell 1000 GRW ETF P 2015-08-14 2018-04-06
255 Ishares Russell 2000 GRW ETF P 2014-08-15 2018-04-06
1164.327 AQR Equity Market Neutral -R6 P 2017-03-28 2018-02-16
1524.324 AQR Managed Futures STR -R6 P 2017-03-28 2018-02-16
651.042 Blackrock High Yield Portfolio P 2018-02-14 2018-02-16
374.91 Dodge & Cox income FD P 2017-06-21 2018-02-16
1171.004 Doublenine Total Ret Rnd-I P 2017-06-21 2018-02-16
819.672 Oakmark International-Inst P 2017-05-04 2018-02-16
455.581 Pimco Fd Pac Inv Mgmt Series P 2017-03-14 2018-02-16
1818.917 Prudential Global Real Est - FD CL Q P 2017-11-16 2018-02-16
800 Schwab U.S. Tips ETF P 2017-08-02 2018-02-16
150 SPDR Gold SHares P 2017-08-22 2018-02-16
56 SPDR S&P 500 ETF Trust P 2017-07-20 2018-02-16
388 SPDR S&P Oil & Gas Exp & Pr P 2017-03-14 2018-02-16
1638.966 Vanguard Total Bond Market Index P 2017-06-21 2018-02-16
270 Vanguard FTSE Emerging Market P 2018-01-01 2018-02-16
100 Xtrackers MSCI Japan Hedged Equity ETF P 2017-10-25 2018-02-12
100 Xtrackers MSCI Japan Hedged Equity ETF P 2017-10-25 2018-02-13
37 Xtrackers MSCI Japan Hedged Equity ETF P 2017-10-25 2018-02-14
671.819 AMG MG Fairpt Mc-Z P 2015-02-25 2018-02-16
3348.537 Blackrock High Yield Portfolio P 2017-01-01 2018-02-16
4068.399 Didge & Cox Income FD P 2017-01-01 2018-02-16
4556.304 Doubleline Totl Ret Bnd-I P 2015-11-16 2018-02-16
3441.495 FMI Large Cap Fund-Inst P 2017-02-01 2018-02-16
200 Ishares MSCI All Country ASI P 2015-12-10 2018-01-29
87 Ishares MSCI All Country ASI P 2017-01-01 2018-01-30
193 Ishares MSCI All Country ASI P 2015-09-15 2018-02-16
955 Ishares MSCI India ETF P 2017-01-01 2018-02-16
1497.08 John Hancock Lrf CP Core -R^ P 2014-08-18 2018-02-16
818.713 Lazard Emerg Mkt Eqy-Inst P 2017-02-10 2018-02-16
1716.172 Matthews Asia Dividend-Inst P 2015-12-10 2018-02-16
1201.717 Newberger Ber GR China Eq-IS P 2017-02-10 2018-02-16
1451.478 Oakmark International-Inst P 2017-02-01 2018-02-16
1711.91 Parnassus Core Equity Fd-Ins P 2015-05-15 2018-02-16
2996.476 Pimco FD Pac Inv Mgmt Series P 2016-06-29 2018-02-20
2604.2 Primecap Odyssey Stock Fd P 2017-02-01 2018-02-16
584.567 Prudential Global Real Est -0 FD Cl Q P 2015-05-15 2018-02-16
200 SPDR Gold SHares P 2016-08-03 2018-02-16
273 SPDR S&P 500 ETF Trust P 2012-08-24 2018-02-16
1982.223 Tortoise MLP & Pipeline Inst P 2017-01-01 2018-02-16
3045.996 Vanguqrd otal Bond Market Index P 2017-01-01 2018-02-16
362 Vanguard FTSE Emerging Market P 2017-01-01 2018-02-16
96 Xtrackers MSCI Japan Hedged Equity ETF P 2016-07-13 2018-02-14
724 Xtrackers MSCI Japan Hedged Equity ETF P 2016-07-13 2018-02-16
1085 Xtrackers MSCI Europe Hedged Equity ETF P 2015-09-15 2018-01-11
0 SPDR Gold Shares P 2017-01-01 2018-01-04
280 AT&T Inc P 2015-06-23 2018-02-13
635 Carnival Corp P 2017-01-01 2018-02-13
2079 Cisco Systems Inc P 2017-01-01 2018-02-13
1335 CIT Group Inc P 2017-01-01 2018-02-13
1516 CITIGroup Inc P 2017-01-01 2018-02-13
70 Citrix Xyxtems Inc P 2017-01-01 2018-02-13
378 Corning Inc P 2011-12-02 2018-02-13
801 Eaton Corp PLC P 2017-01-01 2018-02-13
1001 Eli Lilly & Co P 2017-01-01 2018-02-13
100 Fireeye Inc P 2015-10-27 2018-02-13
2670 General Electric Co P 2017-01-01 2018-02-13
280 Guess? Inc P 2017-01-01 2018-02-13
135 JP Morgan Chase & Co P 2012-05-14 2018-02-13
12 Logmein Inc. P 2017-01-01 2018-02-13
1668 McDermott Intl Inc P 2015-03-16 2018-02-13
962 Merck & Co. Inc. P 2017-01-01 2018-02-13
1502 Microsoft Corp P 2017-01-01 2018-02-13
334 Occidental Petroleum Corp P 2015-03-26 2018-02-13
120 Qualcomm Inc P 2015-11-05 2018-02-13
734 Roche Holdings Ltd-Spons ADR P 2017-01-01 2018-02-13
935 Sanofi-AFR P 2017-01-01 2018-02-13
1170 Southwestern Energy Co P 2017-01-01 2018-02-13
250 Stein Mart Inc P 2017-01-01 2018-02-13
150 Suncor Energy Inc P 2015-10-06 2018-02-13
768 Tapestry Inc Com USD0.01 P 2017-01-01 2018-02-13
80 Wynn Resorts Ltd P 2015-10-16 2018-02-13
2002 1-800-Flowers.Com Inc-CL A P 2017-01-01 2018-02-13
166 Alphabet Inc/CA-CL C P 2017-01-01 2018-02-13
133 Alphabet Inc/CA-CL A P 2017-01-01 2018-02-13
1180 Apple Inc P 2017-01-01 2018-02-13
1001 Corning Inc P 2017-01-01 2018-02-13
514 JP Morgan Chase & Co P 2017-01-01 2018-02-13
849 Merck & Co. Inc. P 2017-01-01 2018-02-13
1058 Microsoft Corp P 2017-01-01 2018-02-13
1068 Wells Fargo & Co P 2009-03-05 2018-02-13
2660.879 AMG MG Pictet Intl-Z P 2018-02-20 2018-10-30
318.866 AMG MG Pictet Intl-Z P 2018-03-07 2018-10-30
1108.156 AMG MG Pictet Intl-Z P 2018-03-19 2018-10-30
5852.373 AMG MG Pictet Intl-Z P 2018-02-16 2018-09-18
819.297 AMG MG Pictet Intl-Z P 2018-02-20 2018-09-18
1671.92 AMG MG Pictet Intl-Z P 2018-02-23 2018-09-18
955.05 AMG MG Pictet Intl-Z P 2018-02-23 2018-08-02
1182.648 Artisan Intl Value Fd-Ins P 2011-02-03 2018-10-30
255.712 Artisan Intl Value Fd-Ins P 2011-02-03 2018-09-18
1066.058 Artisan Intl Value Fd-Ins P 2018-02-23 2018-09-18
258.665 Artisan Intl Value Fd-Ins P 2018-02-27 2018-09-18
652.061 Artisan Intl Value Fd-Ins P 2018-03-07 2018-09-18
322.75 Artisan Intl Value Fd-Ins P 2018-03-19 2018-09-18
222.602 Artisan Intl Value Fd-Ins P 2018-02-23 2018-08-02
587.513 Dodge & Cox Intl Stock FD P 2012-09-20 2018-10-30
24.946 Dodge & Cox Intl Stock FD P 2018-02-20 2018-10-30
128.233 Dodge & Cox Intl Stock FD P 2018-03-07 2018-10-30
281.507 Dodge & Cox Intl Stock FD P 2018-03-19 2018-10-30
1406.547 Dodge & Cox Intl Stock FD P 2018-02-16 2018-09-18
816.195 Dodge & Cox Intl Stock FD P 2018-02-20 2018-09-18
60 Energy Select Sector SPDR P 2018-06-08 2018-08-02
817.661 Fidelity 500 Index FD-AI P 2018-09-18 2018-12-14
391.157 Fidelity 500 Index FD-AI P 2018-02-27 2018-12-14
357.353 Fidelity 500 Index FD-AI P 2018-09-18 2018-10-30
240.433 Fidelity 500 Index FD-AI P 2018-09-18 2018-10-29
801.502 Fidelity 500 Index FD-AI P 2018-02-23 2018-08-02
337.956 Fidelity 500 Index FD-AI P 2018-02-27 2018-08-02
600.513 Fidelity 500 Index FD-AI P 2018-02-23 2018-06-08
140.6 Fidelity International Index Fund P 2018-02-16 2018-12-21
305.2 Fidelity International Index Fund P 2018-02-23 2018-12-14
1802.524 Fidelity International Index Fund P 2018-02-16 2018-12-14
33.536 Fidelity International Index Fund P 2018-02-16 2018-12-14
379.575 Fidelity International Index Fund P 2018-02-23 2018-08-02
709.807 Fidelity International Index Fund P 2018-01-11 2018-08-02
196 Financial Select Sector SPDR P 2018-02-16 2018-08-02
1347 Financial Select Sector SPDR P 2018-02-16 2018-06-08
128 Financial Select Sector SPDR P 2018-02-16 2018-06-08
274 Health Care Select Sector P 2018-02-16 2018-12-14
173 Health Care Select Sector P 2018-02-16 2018-10-29
165 Health Care Select Sector P 2018-02-27 2018-08-02
93 Health Care Select Sector P 2018-02-16 2018-08-02
525 Ishares Core Dividend Growth P 2018-02-16 2018-12-14
259 Ishares Core Dividend Growth P 2018-02-16 2018-10-29
481 Ishares Core Dividend Growth P 2018-02-16 2018-08-02
92 Ishares Core MSCI Europe P 2018-02-16 2018-12-14
93 Ishares Core MSCI Europe P 2018-02-16 2018-08-02
74 Ishares Edge MSCI USA Value P 2018-02-16 2018-12-14
10 Ishares Edge MSCI USA Value P 2018-02-27 2018-09-18
1027 Ishares Edge MSCI USA Value P 2018-02-16 2018-09-18
151 Ishares Edge MSCI USA Value P 2018-02-27 2018-08-02
348 Ishares MSCI Eafe Value Index Fund P 2018-02-16 2018-08-02
272 Ishares MSCI Eafe Value Index Fund P 2018-02-16 2018-10-30
627 Ishares MSCI Eafe Value Index Fund P 2018-02-20 2018-10-30
353 Ishares MSCI Eafe Value Index Fund P 2018-02-27 2018-10-30
208 Ishares MSCI Eafe Value Index Fund P 2018-03-07 2018-10-30
123 Ishares MSCI Eafe Value Index Fund P 2018-03-19 2018-10-30
103 Ishares MSCI Eafe Value Index Fund P 2018-03-19 2018-10-30
799 Ishares MSCI Eafe Value Index Fund P 2018-02-16 2018-06-08
507 Ishares MSCI Japan ETF P 2018-02-16 2018-12-21
155 Ishares MSCI Japan ETF P 2018-02-20 2018-12-21
36 Ishares MSCI Japan ETF P 2018-02-23 2018-12-21
152 Ishares MSCI Japan ETF P 2018-02-16 2018-12-14
233 JPMorgan Betabuilderes Canada ETF P 2018-10-30 2018-12-14
637 Utilities Select Sector SPDR P 2018-06-08 2018-12-21
183 Utilities Select Sector SPDR P 2018-06-08 2018-12-14
122 Utilities Select Sector SPDR P 2018-06-08 2018-08-02
89 Vanguard Info Tech EF P 2018-03-07 2018-12-14
64 Vanguard Info Tech EF P 2018-02-27 2018-09-18
200 Vanguard Info Tech EF P 2018-02-27 2018-09-18
38 Vanguard Info Tech EF P 2018-03-07 2018-09-18
100 Vanguard Info Tech EF P 2018-02-27 2018-08-02
80 Vanguard Info Tech EF P 2018-02-27 2018-08-02
0 SPDR Gold Shares P 2017-01-01 2018-02-06
1668 Abbott Laboratories P 2017-01-01 2018-02-13
100 Amazon.Com Inc P 2010-02-09 2018-02-13
267 Johnson & Johnson P 2009-03-23 2018-02-13
400 Liberty Sirius Group-C P 2010-03-25 2018-02-13
100 Liberty Media Group-C P 2010-03-25 2018-02-13
40 Liberty Graves Group-C P 2010-03-25 2018-02-13
Capital Gains Dividends P    
(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 500,025   500,016 9
b 104,750   100,449 4,301
c 92,976   89,127 3,849
d 54,238   49,390 4,848
e 254,497   258,900 -4,403
68,620   54,800 13,820
175,000   174,603 397
400,000   399,828 172
250,000   250,120 -120
10,000   10,000 0
100,000   100,000 0
90,000   90,000 0
250,000   250,000 0
285,000   285,000 0
350,000   349,656 344
500,000   500,000 0
130,000   130,000 0
250,000   249,788 212
250,000   250,000 0
53,000   53,000 0
275,000   275,000 0
150,000   150,000 0
300,000   300,000 0
300,000   299,913 87
190,000   187,996 2,004
90,000   90,000 0
250,000   250,000 0
235,000   234,556 444
203,082   203,491 -409
200,000   200,000 0
37,390   37,755 -365
2,027   2,064 -37
93,771   75,276 18,495
29,293   26,026 3,267
6,608   4,287 2,321
41,115   29,880 11,235
85,761   62,515 23,246
3,818   2,824 994
48,703   34,189 14,514
14,321   14,100 221
14,024   14,100 -76
5,039   5,000 39
5,103   5,200 -97
12,260   12,600 -340
24,344   21,500 2,844
4,023   3,996 27
41,744   45,000 -3,256
43,443   44,164 -721
19,237   18,340 897
15,381   13,843 1,538
13,296   13,927 -631
17,193   17,750 -557
13,116   13,519 -403
4,277   4,250 27
4,176   4,250 -74
1,544   1,572 -28
30,084   28,915 1,169
25,918   26,659 -741
55,371   55,550 -179
47,705   49,436 -1,731
75,713   70,000 5,713
16,491   10,763 5,728
7,065   4,664 2,401
15,331   10,313 5,018
33,733   28,700 5,033
78,103   60,445 17,658
17,365   14,000 3,365
34,341   25,842 8,499
21,006   14,000 7,006
43,109   34,500 8,609
73,954   70,000 3,954
26,459   25,472 987
85,470   69,011 16,459
13,416   15,000 -1,584
25,649   25,975 -326
74,980   38,604 36,376
26,046   22,233 3,813
31,953   33,000 -1,047
17,585   12,165 5,420
4,005   3,079 926
30,948   23,212 7,736
31,634   27,728 3,906
14     14
10,203   10,109 94
43,612   20,702 22,910
85,117   31,933 53,184
68,394   46,048 22,346
114,046   41,313 72,733
6,098   3,907 2,191
11,053   5,117 5,936
65,621   31,081 34,540
76,515   44,944 31,571
1,645   2,758 -1,113
38,930   50,165 -11,235
4,212   5,357 -1,145
15,209   4,853 10,356
1,505   1,005 500
12,477   5,551 6,926
52,747   36,955 15,792
134,324   37,607 96,717
23,291   24,539 -1,248
7,855   6,432 1,423
21,435   15,161 6,274
36,793   44,242 -7,449
4,098   23,912 -19,814
124   2,653 -2,529
5,012   3,998 1,014
38,340   31,552 6,788
13,162   5,408 7,754
21,664   10,861 10,803
175,331   30,456 144,875
140,755   23,409 117,346
192,914   15,494 177,420
29,270   9,399 19,871
57,907   14,529 43,378
46,551   17,929 28,622
94,617   23,481 71,136
61,719   8,936 52,783
26,023   30,201 -4,178
3,119   3,600 -481
10,838   12,500 -1,662
63,908   66,600 -2,692
8,947   9,299 -352
18,257   19,093 -836
10,687   10,907 -220
40,281   32,829 7,452
9,359   7,098 2,261
39,018   41,363 -2,345
9,467   10,000 -533
23,865   25,000 -1,135
11,813   12,300 -487
8,294   8,637 -343
23,577   19,582 3,995
1,001   1,171 -170
5,146   6,000 -854
11,297   13,000 -1,703
60,116   66,600 -6,484
34,884   38,329 -3,445
4,535   4,618 -83
73,900   83,320 -9,420
35,353   37,633 -2,280
33,534   36,414 -2,880
22,211   24,500 -2,289
79,261   77,177 2,084
33,420   32,515 905
58,520   57,823 697
4,998   6,160 -1,162
11,274   13,468 -2,194
66,585   78,969 -12,384
1,239   1,480 -241
16,159   16,629 -470
30,216   31,700 -1,484
5,463   5,712 -249
37,817   39,939 -2,122
3,594   3,731 -137
24,891   23,497 1,394
15,328   14,836 492
14,750   14,157 593
8,314   7,975 339
18,125   18,744 -619
8,993   9,247 -254
17,307   17,173 134
3,887   4,720 -833
4,507   4,771 -264
5,674   6,327 -653
883   855 28
90,648   87,812 2,836
12,946   12,915 31
10,153   9,892 261
13,065   15,339 -2,274
30,116   35,062 -4,946
16,955   19,775 -2,820
9,991   11,408 -1,417
5,908   6,706 -798
4,950   5,615 -665
43,441   45,059 -1,618
25,412   31,223 -5,811
7,769   9,510 -1,741
1,804   2,208 -404
8,041   9,361 -1,320
5,089   5,242 -153
34,848   31,027 3,821
10,414   8,914 1,500
6,426   5,942 484
15,523   15,906 -383
12,836   11,483 1,353
40,113   35,838 4,275
7,622   6,791 831
19,064   17,950 1,114
15,251   14,353 898
15     15
96,074   56,644 39,430
141,238   11,789 129,449
34,808   13,990 20,818
16,368   4,101 12,267
3,448   762 2,686
890   303 587
5,292     5,292
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       9
b       4,301
c       3,849
d       4,848
e       -4,403
      13,820
      397
      172
      -120
      0
      0
      0
      0
      0
      344
      0
      0
      212
      0
      0
      0
      0
      0
      87
      2,004
      0
      0
      444
      -409
      0
      -365
      -37
      18,495
      3,267
      2,321
      11,235
      23,246
      994
      14,514
      221
      -76
      39
      -97
      -340
      2,844
      27
      -3,256
      -721
      897
      1,538
      -631
      -557
      -403
      27
      -74
      -28
      1,169
      -741
      -179
      -1,731
      5,713
      5,728
      2,401
      5,018
      5,033
      17,658
      3,365
      8,499
      7,006
      8,609
      3,954
      987
      16,459
      -1,584
      -326
      36,376
      3,813
      -1,047
      5,420
      926
      7,736
      3,906
      14
      94
      22,910
      53,184
      22,346
      72,733
      2,191
      5,936
      34,540
      31,571
      -1,113
      -11,235
      -1,145
      10,356
      500
      6,926
      15,792
      96,717
      -1,248
      1,423
      6,274
      -7,449
      -19,814
      -2,529
      1,014
      6,788
      7,754
      10,803
      144,875
      117,346
      177,420
      19,871
      43,378
      28,622
      71,136
      52,783
      -4,178
      -481
      -1,662
      -2,692
      -352
      -836
      -220
      7,452
      2,261
      -2,345
      -533
      -1,135
      -487
      -343
      3,995
      -170
      -854
      -1,703
      -6,484
      -3,445
      -83
      -9,420
      -2,280
      -2,880
      -2,289
      2,084
      905
      697
      -1,162
      -2,194
      -12,384
      -241
      -470
      -1,484
      -249
      -2,122
      -137
      1,394
      492
      593
      339
      -619
      -254
      134
      -833
      -264
      -653
      28
      2,836
      31
      261
      -2,274
      -4,946
      -2,820
      -1,417
      -798
      -665
      -1,618
      -5,811
      -1,741
      -404
      -1,320
      -153
      3,821
      1,500
      484
      -383
      1,353
      4,275
      831
      1,114
      898
      15
      39,430
      129,449
      20,818
      12,267
      2,686
      587
      5,292
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 1,419,601
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  
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 1,186,764 16,537,153 0.071764
2016 866,446 16,291,162 0.053185
2015 736,602 13,292,060 0.055417
2014 855,514 17,600,828 0.048606
2013 963,905 17,339,804 0.055589
2
Total of line 1, column (d) .....................
2
0.284561
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
0.056912
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
16,107,828
5
Multiply line 4 by line 3......................
5
916,729
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
18,422
7
Add lines 5 and 6........................
7
935,151
8
Enter qualifying distributions from Part XII, line 4,.............
8
932,072
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 36,843
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 36,843
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 36,843
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 10,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 11,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 21,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 15,843
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   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$ 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 addressbulletwww.larrk.org
    14
    The books are in care ofbulletThe Foundation Telephone no.bullet (303) 884-0908

    Located atbullet1001 17th Street Suite 1050DenverCO ZIP+4bullet80202
    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
    Robert Jornayvaz President
    1.00     		0 0 0
    707 17th Street Suite 4200
    Denver,CO80202
    Louisa Craft Jornayvaz Secretary
    1.00     		0 0 0
    707 17th Street Suite 4200
    Denver,CO80202
    Wendell Fleming Executive Director
    40.00     		130,000 34,557 0
    707 17th Street Suite 4200
    Denver,CO80202
    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
    15,904,274
    b
    Average of monthly cash balances.......................
    1b
    448,851
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    16,353,125
    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
    16,353,125
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    245,297
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    16,107,828
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    805,391
    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
    805,391
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    36,843
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    36,843
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    768,548
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    768,548
    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
    768,548
    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
    932,072
    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
    932,072
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    932,072
    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 7 768,548
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 116,295
    b From 2014...... 2,895
    c From 2015......  
    d From 2016...... 60,272
    e From 2017...... 372,232
    fTotal of lines 3a through e........ 551,694
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 932,072
    a Applied to 2017, but not more than line 2a 0
    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..... 768,548
    e Remaining amount distributed out of corpus 163,524
    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 5 715,218
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		116,295
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		598,923
    10 Analysis of line 9:
    a Excess from 2014.... 2,895
    b Excess from 2015....  
    c Excess from 2016.... 60,272
    d Excess from 2017.... 372,232
    e Excess from 2018.... 163,524
    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:
    Wendell Fleming
    1001 17th Street Suite 1050
    Denver,CO80202
    (303) 884-0908
    bThe form in which applications should be submitted and information and materials they should include:
    No unsolicited grant applications will be accepted
    cAny submission deadlines:
    No submission deadlines
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    No restrictions or limitations on awards
    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
    Art Students League of Denver
    200 Grant Street
    Denver,CO80203     		None Other Public Charity General Support 10,000
    Breakthrough Kent Denver
    4000 E Quincy Avenue
    Englewood,CO80113     		None Other Public Charity General Support 25,000
    Central City Opera
    400 S Colorado Blvd 530
    Denver,CO80246     		None Other Public Charity General Support 10,000
    Cherokee Ranch and Castle Foundation
    6113 N Daniels Park Road
    Sedalia,CO80135     		None Other Public Charity General Support 55,000
    Children's Hospital
    13123 E 16th Ave
    Aurora,CO80045     		None Other Public Charity General Support 15,000
    City Year
    789 Sherman St 400
    Denver,CO80203     		None Other Public Charity General Support 7,000
    Colorado Outward Bound School
    5161 Sheridan Blvd
    Denver,CO80204     		None Other Public Charity General Support 7,200
    Colorado Succeeds
    1390 Lawrence St 200
    Denver,CO80204     		None Other Public Charity General Support 10,000
    Colorado Swimming
    PO Box 816
    Frederick,CO80530     		None Other Public Charity General Support 7,500
    Colorado Youth for a Change
    2490 W 26th Ave Suite 110A
    Denver,CO80211     		None Other Public Charity General Support 20,000
    Cottonwood Institute
    PO Box 7067
    Denver,CO80207     		None Other Public Charity General Support 15,000
    Denver Art Museum
    100 W 14th Avenue Pkwy
    Denver,CO80204     		None Other Public Charity General Support 200,000
    Denver Public Schools Fdn
    1860 Lincoln Street 9th Floor
    Denver,CO80203     		None Other Public Charity General Support 65,500
    Denver Scholarship Foundation
    303 East 17th Ave Suite 200
    Denver,CO80203     		None Other Public Charity General Support 50,000
    Eating Disorder Foundation
    1901 E 20th Ave
    Denver,CO80205     		None Other Public Charity General Support 8,000
    Emanuel Project
    12123 Shelbyville RoadSuite 100 312
    Louisville,KY40243     		None Other Public Charity General Support 11,667
    Family Legacy Missions International
    5005 W Royal Ln Ste 252
    Irving,TX75063     		None Other Public Charity General Support 1,440
    Florence Crittenton Services of Colorado
    96 South Zuni St
    Denver,CO80223     		None Other Public Charity General Support 30,000
    Generation Schools Network
    455 Sherman Street Suite 120
    Denver,CO80203     		None Other Public Charity General Support 10,000
    Global Dental Relief
    2230 Glencoe St
    Denver,CO80207     		None Other Public Charity General Support 10,000
    High Line Canal Conservancy
    915 South Pearl Street
    Denver,CO80209     		None Other Public Charity General Support 20,000
    Invest in Kids
    1775 Sherman St 2075
    Denver,CO80203     		None Other Public Charity General Support 10,000
    Junior Achievement-Rocky Mountain Inc
    1445 Market St 20
    Denver,CO80202     		None Other Public Charity General Support 7,500
    Mapleton Public Schools
    591 East 80th Ave
    Denver,CO80229     		None Other Public Charity General Support 20,000
    Mile High Early Learning
    1799 Pennsylvania Street
    Denver,CO80203     		None Other Public Charity General Support 7,500
    Montview Church
    1980 Dahlia St
    Denver,CO80220     		None Other Public Charity General Support 25,000
    National Museum of Polo
    9011 Lake Worth Road
    Lake Worth,FL33467     		None Other Public Charity General Support 10,000
    No More Kids with Cancer
    PO Box 1427
    Edgemont,PA19028     		None Other Public Charity General Support 7,500
    PlatteForum
    2400 Curtis Street Suite 100
    Denver,CO80205     		None Other Public Charity General Support 10,000
    Rocky Mountain Prep
    7808 Chery Creek S Drive 3-300
    Denver,CO80231     		None Other Public Charity General Support 7,500
    Scholastic Art Awards Colorado
    13829 E Saratoge Drive
    Aurora,CO80015     		None Other Public Charity General Support 2,500
    Tennyson Center for Children
    2950 Tennyson St
    Denver,CO80212     		None Other Public Charity General Support 25,000
    The Denver School of Science & Technology
    3401 Quebec Street
    Denver,CO80207     		None Other Public Charity General Support 25,000
    University of Denver Psychology
    2450 S Vine Street
    Denver,CO80208     		None Other Public Charity General Support 156,265
    Urban Peak
    730 21st Street
    Denver,CO80205     		None Other Public Charity General Support 15,000
    Youth on Record
    2705 Larimer St
    Denver,CO80205     		None Other Public Charity General Support 15,000
    Total .................................bullet 3a 932,072
    bApproved for future payment
    Children's Hospital
    13123 E 16th Ave
    Aurora,CO80045     		None Other Public Charity General Support 60,000
    Cottonwood Institute
    PO Box 7067
    Denver,CO80207     		None Other Public Charity General Support 30,000
    Florence Crittenton Services of Colorado
    96 South Zuni St
    Denver,CO80223     		None Other Public Charity General Support 60,000
    Global Dental Relief
    2230 Glencoe St
    Denver,CO80207     		None Other Public Charity General Support 20,000
    Total .................................bullet 3b 170,000
    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 ...........     		         
    4 Dividends and interest from securities....     14 521,683  
    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.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,419,601  
    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 1,941,284 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,941,284
    (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

    TY 2018 AccountingFeesSchedule
    Name:
    LARRK Foundation
    EIN:
    26-3818473
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting Services 11,949 0   0

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

    TY 2018 DepreciationSchedule
    Name:
    LARRK Foundation
    EIN:
    26-3818473
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    Furniture 2009-07-01 20,791 20,791 SL 5.000000000000 0 0    
    Computer 2016-08-04 2,529 742 SL 5.000000000000 506 0    
    Software 2009-07-15 6,000 6,000 SL 3.000000000000 0 0    

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    LARRK Foundation
    EIN:
    26-3818473
    Name of Bond End of Year Book Value End of Year Fair Market Value
    175000 Arkansas River Pwr 175,721 175,721
    175000 Gunnison Cops-B-BABS 176,176 176,176
    100000 Centerpoint Energy inc 97,375 97,375
    100000 Land Olakes Inc 97,500 97,500
    300000 Capital One Financial Co 299,517 299,517
    275000 Capital One Bank USA NA 282,532 282,532
    250000 Citizens Bank NA/RI 248,228 248,228
    225000 Coralville-D-Txbl 227,160 227,160
    250000 Credit Agricole Cib NY 249,973 249,973
    350000 Danske Bank A/S 342,482 342,482
    250000 Eaton Corp 252,405 252,405
    250000 Fifth Third Bank 247,373 247,373
    250000 Harley Davidson Finl Ser 249,948 249,948
    250000 Jpmorgan Chase & Co 247,510 247,510
    895000 La Envrn Facs-B-QZAB 280,781 280,781
    525000 La Envrn Facs-A-QSCB 164,704 164,704
    300000 Lyondellbasell Ind Nv 300,327 300,327
    275000 Medtronic Global Hldings 274,293 274,293
    200000 Morgan Stanley 202,960 202,960
    150000 Morgan Stanley 153,408 153,408
    300000 WM Wrigley Jr CO 299,553 299,553
    503 Ishares IBOXX $ H/Y Cor Bd ETF 40,793 40,793
    2739 Vanguard Short Term Bnd 215,203 215,203
    6926 Vanguard Total Bond Market 469,398 469,398

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    LARRK Foundation
    EIN:
    26-3818473
    Name of Stock End of Year Book Value End of Year Fair Market Value
    1131 Energy Select Sector SPDR 64,863 64,863
    13771674 Fidelity 500 Index FD-AI 1,199,513 1,199,513
    30176 Financial Select Sector SPDR 73,270 73,270
    1970 Health Care Select Sector 170,424 170,424
    1408 Ishaes Edge MSCI USA Value 102,179 102,179
    5200 Ishares Core Dividend Growth 172,536 172,536
    1435 Vanguard Info Tech ETF 239,401 239,401
    981 Ishares Core S&P Small-Cap ETF 68,003 68,003
    25743.557 Fidelity International index Fund 935,778 935,778
    2954 Ishares MSCI Canada ETF 70,778 70,778
    3288 JPMorgan Betabuilders Canada ETF 67,930 67,930
    2542 Ishares Core MSCI Europe 105,061 105,061
    656 Ishares Inc MSCI Japan New 33,253 33,253
    1208 Ishares Edge MSCI Min Vol 67,491 67,491
    3000 Bank Of America Corp - Bac C 76,110 76,110
    4500 Bank Of America Corp-Bac W 114,480 114,480
    100 Bank Of America Corp - Bac L 125,250 125,250
    3542 Capital One Financial Co-Cof F 89,506 89,506
    3000 Citigroup Inc - C S 76,500 76,500
    3200 Cobank Acb 310,560 310,560
    6900 Goldman Sachs Group In - Gs D 120,750 120,750
    2000 Goldman Sachs Group In - Gs N 50,720 50,720
    4000 Jpmorgan Chase & Co-Jpm F 101,400 101,400
    2900 Morgan Stanley - MS A 54,984 54,984
    250 Wells Fargo & Company - Wfc L 315,475 315,475
    100 Firstar Realty LLC - USB 112,500 112,500
    21537 Ishares Core MSCI Eafe ETF 1,184,535 1,184,535
    7835 Ishares Core MSCI Emerging 369,420 369,420
    1454 Ishares Inc MSCI Japan ETF (EWJ) 73,703 73,703
    4688 Ishares Russell 1000 GRW ETF 613,706 613,706
    5664 Ishares Russell 1000 Value ETF 628,987 628,987
    225 Ishares Russell 2000 GRW ETF 37,800 37,800
    694 Ishares Russell 2000 Value ETF 74,633 74,633
    350 Ishares Russell Midcap G ETF 39,799 39,799
    982 Ishares Russell Midcap V ETF 74,976 74,976
    844 Pimco Enhanced Shrt Mtrt Exc (Mint) 85,202 85,202

    TY 2018 InvestmentsOtherSchedule2
    Name:
    LARRK Foundation
    EIN:
    26-3818473
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Blackstone GSP Private Investors L.P. FMV 45,764 45,764
    GSO Private Investors Offshore II, LP Class A FMV 158,980 158,980
    HPS - Core Senior Lending Offshore Funds (PB), L.P. FMV 134,144 134,144
    Accounts Receivable-JPMorgan FMV 103 103
    Cash & Fixed Income-JP Morgan FMV 67,430 67,430
    750000 Houston Lender Veranda FMV 750,000 750,000
    Accounts Receivable-Bear Creek FMV 59,853 59,853
    Cash & Fixed Income-Bear Creek FMV 53,727 53,727
    Cash & Fixed Income-Morgan Stanley FMV 21,024 21,024

    TY 2018 LandEtcSchedule2
    Name:
    LARRK Foundation
    EIN:
    26-3818473
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture 20,791 20,791 0 0
    Computer 2,529 1,248 1,281 1,281
    Software 6,000 6,000 0 0


    TY 2018 OtherAssetsSchedule
    Name:
    LARRK Foundation
    EIN:
    26-3818473
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Art 3,442 3,442 3,442


    TY 2018 OtherDecreasesSchedule
    Name:
    LARRK Foundation
    EIN:
    26-3818473
    Description Amount
    Unrealized Gain/Loss 2,469,272


    TY 2018 OtherExpensesSchedule
    Name:
    LARRK Foundation
    EIN:
    26-3818473
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Contract Services 1,743 0   0
    Broker Commissions and Fees 86,196 86,196   0
    Insurance 3,707 0   0
    Other 4,807 0   0
    General and Administrative 6,406 0   0


    TY 2018 TaxesSchedule
    Name:
    LARRK Foundation
    EIN:
    26-3818473
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Employment Taxes 9,894 0   0
    Property Taxes 393 0   0
    Foreign Taxes 4,518 4,518   0
    Income Taxes 13,995 0   0