Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 02-01-2018 , and ending 01-31-2019
Name of foundation
DONNELL-KAY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)730 17TH STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DENVER, CO80202
A Employer identification number

59-6169704
B Telephone number (see instructions)

(720) 932-1544
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$28,931,923J 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) 380,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 2,652 2,652  
4 Dividends and interest from securities... 1,002,799 1,002,799  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 397,346
b Gross sales price for all assets on line 6a 4,645,893
7 Capital gain net income (from Part IV, line 2)... 397,346
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........ 1,782,797 1,402,797  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 896,360 1,800   894,560
15 Pension plans, employee benefits....... 38,597 0   38,597
16a Legal fees (attach schedule)......... Click to see attachment 20,799 0   20,799
b Accounting fees (attach schedule)....... Click to see attachment 24,739 4,948   19,791
c Other professional fees (attach schedule).... Click to see attachment 284,738 82,509   202,229
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 93,885 16,279   64,261
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 28,972 0   28,972
21 Travel, conferences, and meetings....... 26,964 0   26,964
22 Printing and publications.......... 1,608 0   1,608
23 Other expenses (attach schedule)....... Click to see attachment 399,260 0   399,260
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,815,922 105,536   1,697,041
25 Contributions, gifts, grants paid....... 403,257 403,257
26 Total expenses and disbursements. Add lines 24 and 25 2,219,179 105,536   2,100,298
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -436,382
b Net investment income (if negative, enter -0-) 1,297,261
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............. 404,731 377,310 377,310
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet65
Less: allowance for doubtful accounts bullet     65 65
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.......... 45,163 34,401 34,401
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 26,434,463 Click to see attachment26,042,182 27,553,147
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 100,000 Click to see attachment100,000 100,000
14 Land, buildings, and equipment: basis bullet1,197,251
Less: accumulated depreciation (attach schedule) bullet1,197,251 0 0 867,000
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 26,984,357 26,553,958 28,931,923
Liabilities 17 Accounts payable and accrued expenses.......... 8,373 10,227
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) Click to see attachment3,278 Click to see attachment280
23 Total liabilities (add lines 17 through 22)......... 11,651 10,507
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........ 26,972,706 26,543,451
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)..... 26,972,706 26,543,451
31 Total liabilities and net assets/fund balances (see instructions). 26,984,357 26,553,958
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
26,972,706
2
Enter amount from Part I, line 27a .....................
2
-436,382
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
7,127
4
Add lines 1, 2, and 3 ..........................
4
26,543,451
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
26,543,451
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 INVESCO INTERNATIONAL GROWTH FUND CLASS Y P 2017-08-01 2018-06-25
b INVESCO INTERNATIONAL GROWTH FUND CLASS Y (LT) P 2015-05-26 2018-06-25
c INVESCO INTERNATIONAL GROWTH FUND CLASS Y (LT) P 2017-06-01 2018-06-25
d EATON VANCE ATLANTA CAPITAL SMID-CAP FUN D CLASS I P 2013-11-26 2018-06-25
e EATON VANCE ATLANTA CAPITAL SMID-CAP FUN D CLASS I P 2013-11-26 2018-09-11
EATON VANCE ATLANTA CAPITAL SMID-CAP FUN D CLASS I P 2013-12-11 2018-09-11
EATON VANCE ATLANTA CAPITAL SMID-CAP FUN D CLASS I P 2013-12-11 2018-11-19
VANGUARD 500 INDEX FUND ADMIRAL SHARES P 2013-12-11 2018-04-25
VANGUARD 500 INDEX FUND ADMIRAL SHARES P 2013-12-11 2018-05-29
VANGUARD 500 INDEX FUND ADMIRAL SHARES P 2013-12-11 2018-06-25
VANGUARD 500 INDEX FUND ADMIRAL SHARES P 2014-02-19 2018-06-25
VANGUARD 500 INDEX FUND ADMIRAL SHARES P 2014-02-19 2018-07-25
VANGUARD 500 INDEX FUND ADMIRAL SHARES P 2014-02-19 2018-10-22
VANGUARD 500 INDEX FUND ADMIRAL SHARES P 2014-02-19 2018-11-19
(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 429,883   449,400 -19,517
b 2,483,505   2,513,349 -29,844
c 393,885   400,000 -6,115
d 168,580   114,891 53,689
e 60,896   38,427 22,469
119,884   74,564 45,320
70,180   48,756 21,424
119,880   81,106 38,774
87,680   58,091 29,589
100,132   65,571 34,561
147,748   99,110 48,638
199,980   128,520 71,460
143,680   95,354 48,326
119,980   81,408 38,572
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       -19,517
b       -29,844
c       -6,115
d       53,689
e       22,469
      45,320
      21,424
      38,774
      29,589
      34,561
      48,638
      71,460
      48,326
      38,572
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 2 397,346
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 1,594,944 28,511,143 0.055941
2016 1,338,446 26,673,146 0.050180
2015 1,797,507 28,340,861 0.063425
2014 1,448,554 28,945,004 0.050045
2013 1,482,538 26,812,201 0.055293
2
Total of line 1, column (d) .....................
2
0.274884
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
0.054977
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
28,512,631
5
Multiply line 4 by line 3......................
5
1,567,539
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
12,973
7
Add lines 5 and 6........................
7
1,580,512
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,100,298
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 12,973
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 12,973
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 12,973
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 31,892
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 31,892
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 18,919
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet18,919 RefundedBullet 11 0
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the 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.DKFOUNDATION.ORG
    14
    The books are in care ofbulletTONY LEWIS Telephone no.bullet (720) 932-1544

    Located atbullet730 17TH STREET SUITE 950DENVERCO 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
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 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
    KAYLIN DINES SECRETARY
    1.00     		0 0 0
    730 17TH STREET 950
    DENVER,CO80202
    ANTHONY LEWIS TREASURER
    2.00     		0 0 0
    730 17TH STREET 950
    DENVER,CO80202
    KIM KNOUS DOLAN VICE PRESIDENT
    1.00     		0 0 0
    730 17TH STREET 950
    DENVER,CO80202
    CONNIE DINES PRESIDENT
    1.00     		0 0 0
    730 17TH STREET 950
    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
    ANTHONY LEWIS EXEC DIRECTOR
    50.00     		180,000 36,337 195
    730 17TH STREET 950
    DENVER,CO80202
    AMY B ANDERSON SENIOR DIRECTOR
    40.00     		165,000 31,173 295
    730 17TH STREET 950
    DENVER,CO80202
    ANTONIO P PARES WORKER
    40.00     		105,000 18,959 295
    730 17TH STREET 950
    DENVER,CO80202
    MATTHEW D SAMELSON WORKER
    24.00     		84,000 17,986 575
    730 17TH STREET 950
    DENVER,CO80202
    JESSICA A FULLER WORKER
    40.00     		66,542 2,488 195
    730 17TH STREET 950
    DENVER,CO80202
    Total number of other employees paid over $50,000...................bullet 4
    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
    UNIVERSITY OF WASHINGTON EVALUATING PERFORMANCE CONTRACTS 100,000
    BOX 354966
    SEATTLE,WA98195
    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 RESCHOOL COLORADO:AN INITATIVE WHERE LEARNING IS REIMAGINED AND STUDENTS GRADUATE ENERGIZED AND EQUIPPED TO THRIVE IN A RAPIDLY CHANGING WORLD. IT INTENDS TO IMPROVE THE EXPERIENCE OF EDUCATION IN ORDER TO BETTER MATCH AND KEEP PACE WITH THE NEEDS AND EXCEPTIONS OF STUDENTS LIVING IN THE 21ST CENTURY. 94,027
    2 4DSWDK ENGAGES WITH COMMUNITIES ACROSS COLORADO OPERATING ON A FOUR-DAY SCHOOL WEEK. WITH THE SUPPORT FROM THE LOUIS CALDER FOUNDATION, DK FUNDS RURAL COMMUNITIES TO USE A DESIGN THINKING PROCESS TO LEVERAGE THEIR 5TH DAY FOR STUDENT LEARNING, PROTOTYPING NEW SOLUTIONS THROUGHOUT THE SCHOOL YEAR. 12,055
    3 HOT LUNCH/CONSIDER THISCONSIDER THIS... (FORMERLY HOT LUNCH) IS A DISCUSSION SERIES FEATURING SPEAKERS FROM COLORADO AND BEYOND. SPEAKERS ARE ASKED TO ENGAGE COLORADANS (FAMILIES, STUDENTS, TEACHERS, POLICY AND BUSINESS LEADERS) IN CONVERSATIONS DESIGNED TO STIMULATE CREATIVE DIALOGUE AND CRITICAL REFLECTION ABOUT UNCONVENTIONAL TOPICS AND UNDER-EXPLORED IDEAS IN EDUCATION. CONSIDER THIS... INCLUDES SPEAKER PRESENTATIONS, ENGAGING CONVERSATIONS, AND INTERACTIVE OPPORTUNITIES TO SURFACE CURRENT CHALLENGES AND PROMISING PRACTICES IN EDUCATION. 11,036
    4 NEW SCHOOL DEVELOPMENT AS AN ORGANIZATION THAT IS DEDICATED TO STRENGTHENING THE EXPERIENCE OF LEARNING, DK IS EXPLORING A PROCESS OF COMMUNITY ENGAGEMENT THAT IS FOCUSED ON CO-CREATING A PROCESS FOR HOW AND WHEN STUDENTS LEARN. EXAMPLES INCLUDE INNOVATIVE SCHOOL AND PROGRAM DESIGN, OUT OF SCHOOL LEARNING PILOTS, AND HUMAN CENTERED DESIGN THINKING TO CREATE ALTERNATIVE LEARNING EXPERIENCE TO A STUDENT' CURRENT SCHOOL SETTINGS. 40,562
    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
    28,728,437
    b
    Average of monthly cash balances.......................
    1b
    183,996
    c
    Fair market value of all other assets (see instructions)................
    1c
    34,401
    d
    Total (add lines 1a, b, and c).........................
    1d
    28,946,834
    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
    28,946,834
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    434,203
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    28,512,631
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,425,632
    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
    1,425,632
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    12,973
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
    3,182
    c
    Add lines 2a and 2b............................
    2c
    16,155
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,409,477
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,409,477
    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
    1,409,477
    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
    2,100,298
    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
    2,100,298
    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
    12,973
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,087,325
    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 1,409,477
    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......  
    b From 2014......  
    c From 2015...... 453,577
    d From 2016...... 10,553
    e From 2017...... 187,903
    fTotal of lines 3a through e........ 652,033
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 2,100,298
    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..... 1,409,477
    e Remaining amount distributed out of corpus 690,821
    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 1,342,854
    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) .......     		213,203
    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 ......     		1,129,651
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015.... 240,374
    c Excess from 2016.... 10,553
    d Excess from 2017.... 187,903
    e Excess from 2018.... 690,821
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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
    GRAND CANYON TRUST
    2601 N FORT VALLEY RD
    FLAGSTAFF,AZ96001     		NONE PC GENERAL MANAGEMENT 100
    ILEARN COLLABORATIVE
    3461 RINGSBY CT UNIT 315
    DENVER,CO80216     		NONE PC RURAL DISTRICT SUPPORT 15,000
    INSIDE THE ORCHESTRA
    1550 DAYTON ST 6358
    AURORA,CO80045     		NONE PC GENERAL MANAGEMENT 1,500
    KIPP COLORADO
    1390 LAWRENCE ST 200
    DENVER,CO80204     		NONE PC COMMUNITY ORGANIZING 30,000
    KUNC PUBLIC RADIO
    1901 56TH AVE SUITE 200
    GREELEY,CO80634     		NONE PC GENERAL MANAGEMENT 107
    METRO CARING
    1100 E 18TH AVE
    DENVER,CO80203     		NONE PC GENERAL MANAGEMENT 250
    MILE HIGH MINISTRIES
    913 WYANDOT ST
    DENVER,CO80204     		NONE PC GENERAL MANAGEMENT 100
    MOONSHOT EDVENTURES
    3461 RINGSBY COURT SUITE 315
    DENVER,CO80216     		NONE PC TALK TO ACTION'S STRATEGIC PLANNING PROCESS 9,000
    NEIGHBORHOOD MINISTRIES
    PO BOX 928
    DENVER,CO80201     		NONE PC GENERAL MANAGEMENT 225
    NEW LEGACY CHARTER SCHOOL
    2091 DAYTON STREET
    AURORA,CO80010     		NONE PC TRANSPORTATION PILOT 7,000
    ONE STONE
    1151 W MILLER ST
    BOISE,ID83702     		NONE PC GENERAL MANAGEMENT 100
    HEBREW IMMIGRANT AID SOCIETY
    1300 SPRING ST SUITE 500
    SILVER SPRING,MD20910     		NONE PC GENERAL MANAGEMENT 100
    PHILANTHROPY ROUNDTABLE
    1120 20TH STREET NW SUITE 550
    WASHINGTON DC,DC20036     		NONE PC GENERAL OPERATING 4,000
    RESCHOOL
    730 17TH STREET SUITE 950
    DENVER,CO80202     		NONE PC START-UP FUNDS 10,025
    RESTORATION COMMUNITY CHURCH
    2300 S MARION ST
    DENVER,CO80210     		NONE PC GENERAL MANAGEMENT 325
    RISE COLORADO
    1595 ELMIRA ST SUITE 201
    AURORA,CO80010     		NONE PC SUPPORT: BUILDING PURCHASE 25,000
    ROCKY MOUNTAIN PEACE AND JUSTICE CENTER
    3970 BROADWAY ST B5
    BOULDER,CO80304     		NONE PC BLACK LIVES MATTER 5280 ED SQUAD 2,500
    ROSE COMMUNITY FOUNDATION
    600 SOUTH CHERRY STREET 1200
    DENVER,CO80246     		NONE PC TO SUPPORT CLIMB HIGHER 30,000
    SOUTHERN POVERTY LAW CENTER
    400 WASHINGTON AVE
    MONTGOMERY,AL63104     		NONE PC GENERAL MANAGEMENT 150
    TEACH FOR AMERICA COLORADO
    1391 SPEER BLVD SUITE 710
    DENVER,CO80204     		NONE PC GENERAL MANAGEMENT 500
    TEMPLE MICAH
    5209 MONTVIEW BLVD
    DENVER,CO80207     		NONE PC GENERAL MANAGEMENT 100
    THE KEYSTONE SCIENCE SCHOOL INC
    1053 SODA RIDGE ROAD
    KEYSTONE,CO80435     		NONE PC SCHOLARSHIP 3,750
    THE WILDERNESS SOCIETY MEMBERSHIP SERVICES
    1615 M STREET NW
    WASHINGTON,DC20036     		NONE PC GENERAL MANAGEMENT 100
    RAICES
    1305 N FLORES ST
    SAN ANTONIO,TX78212     		NONE PC GENERAL MANAGEMENT 100
    HADA NOU COLLECTIVE
    1640 NORTH DOWNING STREET UNIT 102
    DENVER,CO80218     		NONE PC EVERGREEN FUND 30,000
    YOUNG ASPIRING AMERICANS FOR SOCIAL AND POLITICAL ACTIVISM
    PO BOX 202092
    DENVER,CO80220     		NONE PC GENERAL MANAGEMENT 100
    GHANA EDUCATIONAL COLLABORATIVE
    1690 FILLMORE ST
    DENVER,CO80206     		NONE PC GENERAL MANAGEMENT 700
    ARTHYVE -A COLLECTIVE OF ACTIVITIS ARTISTS ARCHIVISTS
    1280 SHERMAN ST 209
    DENVER,CO80203     		NONE PC GENERAL MANAGEMENT 100
    ARTS LONGMONT
    PO BOX 208
    LONGMONT,CO80502     		NONE PC GENERAL MANAGEMENT 100
    BIG CITY MOUNTAINEERS
    710 10TH STREET SUITE 120
    GOLDEN,CO80401     		NONE PC STUDENT LEADERSHIP FELLOWSHIP 10,000
    BOYS AND GIRLS CLUB OF SLV CENTER
    225 SYLVESTER ST
    CENTER,CO81125     		NONE PC FIFTH-DAY INITIATIVE 10,000
    CAMPO SCHOOL DISTRICT
    PO BOX 70
    CAMPO,CO81029     		NONE PC 5TH DAY PROGRAM 12,500
    CASA DE PAZ
    PO BOX 111351
    AURORA,CO80042     		NONE PC GENERAL MANAGEMENT 425
    CHALKBEAT
    1239 BROADWAY 703B
    NEW YORK,NY10001     		NONE PC GENERAL OPERATIONS 10,000
    CHARTER FACILITIES SOLUTIONS
    1390 LAWRENCE ST SUITE 200
    DENVER,CO80204     		NONE PC GENERAL OPERATING 50,000
    COLORADO ASSOCIATION OF FUNDERS
    5855 WADSWORTH BYPASS UNIT A
    ARVADA,CO80003     		NONE PC RURAL FUNDER NETWORK 31,165
    COLORADO EDUCATION INITIATIVE
    600 17TH ST SUITE 1400N
    DENVER,CO80202     		NONE PC CEI INNOVATION INCUBATOR 10,000
    COLORADO NONPROFIT DEVELOPMENT CENTER
    789 SHERMAN STREET SUITE 250
    DENVER,CO80203     		NONE PC SECURE FUTURES COLORADO - PENSION WORK 30,000
    COLORADO ORGANIZATION FOR LATINA OPPORTUNITY AND REPRODUCTIVE RIGHTS
    PO BOX 40991
    DENVER,CO80204     		NONE PC GENERAL MANAGEMENT 150
    COLORADO OUTWARD BOUND SCHOOL
    5161 SHERIDAN BOULEVARD
    DENVER,CO80212     		NONE PC GENERAL MANAGEMENT 200
    COLORADO PUBLIC RADIO
    7409 S ALTON CT
    CENTENNIAL,CO80112     		NONE PC GENERAL MANAGEMENT 228
    COMPASS ACADEMY
    912285 S FEDERAL BLVD
    DENVER,CO80238     		NONE PC SCHOLARSHIP 3,000
    CULTIVANDO
    7190 COLORADO BLVD STE 300
    COMMERCE CITY,CO80022     		NONE PC GENERAL MANAGEMENT 257
    DENVER ACTIVE 20-30 CHILDREN'S FOUNDATION
    84 SPRUCE STREET 504
    DENVER,CO80230     		NONE PC GENERAL MANAGEMENT 100
    DENVER ART MUSEUM
    100 W 14TH AVE PARKWAY
    DENVER,CO80204     		NONE PC GENERAL MANAGEMENT 100
    DZI FOUNDATION
    PO BOX 632
    RIDGEWAY,CO81432     		NONE PC GENERAL MANAGEMENT 500
    EARLY MILESTONES COLORADO
    1600 DOWNING STREET 750
    DENVER,CO80218     		NONE PC SUPPORT FOR CONTRACTOR FOR CCAP PILOT 40,000
    EAST GRAND SCHOOL DISTRICT
    PO BOX 125 GRANBY
    GRANBY,CO80446     		NONE PC FIFTH-DAY INITIATIVE 10,000
    EAST OTERO SCHOOL DISTRICT
    301 RATON AVE
    LA JUNTA,CO81050     		NONE PC 5TH DAY PROGRAM 7,500
    EVOLUTION YOUTH SERVICES
    PO BOX 200392 DENVER
    DENVER,CO80220     		NONE PC SCHOLARSHIP 2,500
    VISIONS PERFORMING ARTS COMPANY
    11651 E IOWA AVE
    AURORA,CO80012     		NONE PC SCHOLARSHIP 3,500
    ANCESTRAL MAGUEY ORGANIZATION
    2223 S GILPIN ST
    DENVER,CO80210     		NONE PC GENERAL MANAGEMENT 100
    Total .................................bullet 3a 403,257
    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 2,652  
    4 Dividends and interest from securities....     14 1,002,799  
    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 ............     		    18 397,346  
    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 1,402,797 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,402,797
    (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
    DONNELL-KAY FOUNDATION INC
     
    Employer identification number

    59-6169704
    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
    DONNELL-KAY FOUNDATION INC
          		Employer identification number
    59-6169704
    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
    LOUIS CALDER
     
    999 18TH STREET SUITE 2350S
     
    DENVER, CO80202

    		$ 20,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    FRIEDMAN FAMILY FOUNDATION
     
    10 CHERRY HILLS DRIVE
     
    CHERRY HL VLG, CO80113

    		$ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    SILICON VALLEY COMMUNITY FOUNDATION
     
    2440 WEST EL CAMINO REAL STE 300
     
    MOUNTAIN VIEW, CA94040

    		$ 350,000


    (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
    DONNELL-KAY FOUNDATION INC
          		Employer identification number

    59-6169704
    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
    DONNELL-KAY FOUNDATION INC
          		Employer identification number

    59-6169704
    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:
    DONNELL-KAY FOUNDATION INC
    EIN:
    59-6169704
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 24,739 4,948   19,791

    TY 2018 GeneralExplanationAttachment
    Name:
    DONNELL-KAY FOUNDATION INC
    EIN:
    59-6169704
    Identifier Return Reference Explanation
      990-PF PART XIII LINES 3A-3E THE EXCESS DISTRIBUTION CARRYFORWARDS FOR TAX YEARS FY13-FY17, AS REPORTED ON LINES 10A-E OF PART XIII OF FY18 FORM 990-PF, WERE CALCULATED INCORRECTLY. THE CORRECTED EXCESS DISTRIBUTION CARRYFORWARD AMOUNTS HAVE BEEN REPORTED ON LINES 3A-E OF PART XIII ON THE FY19 FORM 990-PF.

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    DONNELL-KAY FOUNDATION INC
    EIN:
    59-6169704
    Name of Stock End of Year Book Value End of Year Fair Market Value
    PERSHING 26,042,182 27,553,147

    TY 2018 InvestmentsOtherSchedule2
    Name:
    DONNELL-KAY FOUNDATION INC
    EIN:
    59-6169704
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CRYOBIOPHYSICA STOCK AT COST 100,000 100,000

    TY 2018 LegalFeesSchedule
    Name:
    DONNELL-KAY FOUNDATION INC
    EIN:
    59-6169704
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 20,799 0   20,799


    TY 2018 OtherExpensesSchedule
    Name:
    DONNELL-KAY FOUNDATION INC
    EIN:
    59-6169704
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUTOMOBILE 6,568 0   6,568
    SPECIAL PROJECTS 174,886 0   174,886
    COMMUNICATIONS 1,910 0   1,910
    COMPUTER EQUIPMENT 16,335 0   16,335
    INSURANCE 126,488 0   126,488
    REPAIRS & MAINTENANCE 17,774 0   17,774
    MEMBERSHIP DUES 575 0   575
    FURNITURE & FIXTURES 97 0   97
    PARKING & BUS 20,797 0   20,797
    POSTAGE 274 0   274
    TELEPHONE 15,498 0   15,498
    OFFICE EXPENSES 18,058 0   18,058


    TY 2018 OtherIncreasesSchedule
    Name:
    DONNELL-KAY FOUNDATION INC
    EIN:
    59-6169704
    Description Amount
    NONDIVIDEND DISTRIBUTIONS 7,127


    TY 2018 OtherLiabilitiesSchedule
    Name:
    DONNELL-KAY FOUNDATION INC
    EIN:
    59-6169704
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL LIABILITIES 3,278 280


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    DONNELL-KAY FOUNDATION INC
    EIN:
    59-6169704
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEE 82,509 82,509   0
    CONSULTANT FEES 202,229 0   202,229


    TY 2018 TaxesSchedule
    Name:
    DONNELL-KAY FOUNDATION INC
    EIN:
    59-6169704
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PERSONAL PROPERTY TAXES 150 0   150
    PAYROLL TAXES 64,111 0   64,111
    FOREIGN TAXES 16,279 16,279   0
    FEDERAL TAXES 13,345 0   0