-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
01-01-2019
, and ending
12-31-2019
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
,
CO
80202
A Employer identification number
26-3818473
B
Telephone number (see instructions)
(303) 884-0908
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
15,867,558
J
Accounting method:
Cash
Accrual
Other (specify)
(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)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
4
Dividends and interest from securities
...
529,195
529,195
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
77,949
b
Gross sales price for all assets on line 6a
7,871,612
7
Capital gain net income (from Part IV, line 2)
...
77,949
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)
.......
39,876
0
12
Total.
Add lines 1 through 11
........
647,020
607,144
13
Compensation of officers, directors, trustees, etc.
133,900
6,695
0
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
36,907
1,845
0
16a
Legal fees (attach schedule)
.........
b
Accounting fees (attach schedule)
.......
18,475
0
0
c
Other professional fees (attach schedule)
....
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
54,955
7,159
0
19
Depreciation (attach schedule) and depletion
...
506
0
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
5,963
0
0
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
111,078
85,634
0
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
361,784
101,333
0
25
Contributions, gifts, grants paid
.......
1,496,339
956,339
26
Total expenses and disbursements.
Add lines 24 and 25
1,858,123
101,333
956,339
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-1,211,103
b
Net investment income
(if negative, enter -0-)
505,811
c
Adjusted net income
(if negative, enter -0-)
...
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
68,258
40,569
40,569
2
Savings and temporary cash investments
.........
3
Accounts receivable
Less: allowance for doubtful accounts
4
Pledges receivable
Less: allowance for doubtful accounts
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)
Less: allowance for doubtful accounts
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)
.......
8,101,476
8,414,248
8,414,248
c
Investments—corporate bonds (attach schedule)
.......
5,595,320
3,981,095
3,981,095
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
1,291,025
3,427,429
3,427,429
14
Land, buildings, and equipment: basis
29,320
Less: accumulated depreciation (attach schedule)
28,545
1,281
775
775
15
Other assets (describe
)
3,442
3,442
3,442
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
15,060,802
15,867,558
15,867,558
17
Accounts payable and accrued expenses
..........
1,837
3,541
18
Grants payable
.................
930,000
1,470,000
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
)
23
Total liabilities
(add lines 17 through 22)
.........
931,837
1,473,541
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
14,128,965
14,394,017
27
Paid-in or capital surplus, or land, bldg., and equipment fund
0
0
28
Retained earnings, accumulated income, endowment, or other funds
0
0
29
Total net assets or fund balances
(see instructions)
.....
14,128,965
14,394,017
30
Total liabilities and net assets/fund balances
(see instructions)
.
15,060,802
15,867,558
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return)
...............
1
14,128,965
2
Enter amount from Part I, line 27a
.....................
2
-1,211,103
3
Other increases not included in line 2 (itemize)
3
1,476,155
4
Add lines 1, 2, and 3
..........................
4
14,394,017
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
14,394,017
Form
990-PF
(2019)
Form 990-PF (2019)
Page
3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a)
List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a
446 ENERGY SELECT SECTOR SPDR
P
2018-06-08
2019-06-06
b
92 ENERGY SELECT SECTOR SPDR
P
2018-06-08
2019-05-23
c
546 ENERGY SELECT SECTOR SPDR
P
2018-06-08
2019-04-26
d
47 ENERGY SELECT SECTOR SPDR
P
2018-06-08
2019-03-19
e
965.112 FIDELITY 500 INDEX-INST PRM
P
2018-02-16
2019-12-13
86.11 FIDELITY 500 INDEX-INST PRM
P
2018-02-16
2019-12-05
218.243 FIDELITY 500 INDEX-INST PRM
P
2018-02-16
2019-10-08
254.176 FIDELITY 500 INDEX-INST PRM
P
2018-02-16
2019-09-17
279.493 FIDELITY 500 INDEX-INST PRM
P
2018-02-16
2019-08-06
540.525 FIDELITY 500 INDEX-INST PRM
P
2018-02-16
2019-07-30
177.902 FIDELITY 500 INDEX-INST PRM
P
2018-02-16
2019-06-20
262.094 FIDELITY 500 INDEX-INST PRM
P
2019-04-26
2019-06-17
14.912 FIDELITY 500 INDEX-INST PRM
P
2018-02-16
2019-06-17
942.753 FIDELITY 500 INDEX-INST PRM
P
2018-02-16
2019-05-21
188.482 FIDELITY 500 INDEX-INST PRM
P
2019-04-26
2019-05-20
55.081 FIDELITY 500 INDEX-INST PRM
P
2018-02-16
2019-05-20
413.504 FIDELITY 500 INDEX-INST PRM
P
2019-04-26
2019-05-10
204.033 FIDELITY 500 INDEX-INST PRM
P
2018-02-16
2019-04-04
11.403 FIDELITY 500 INDEX-INST PRM
P
2018-02-16
2019-03-22
763.676 FIDELITY 500 INDEX-INST PRM
P
2019-03-04
2019-03-22
154.371 FIDELITY 500 INDEX-INST PRM
P
2018-02-27
2019-03-22
628.99 FIDELITY INTL INDX-INST PRM
P
2018-09-18
2019-12-13
249.925 FIDELITY INTL INDX-INST PRM
P
2018-09-18
2019-10-08
377.608 FIDELITY INTL INDX-INST PRM
P
2018-09-18
2019-08-06
172.541 FIDELITY INTL INDX-INST PRM
P
2018-09-18
2019-06-20
117.144 FIDELITY INTL INDX-INST PRM
P
2018-09-18
2019-06-17
547.797 FIDELITY INTL INDX-INST PRM
P
2018-09-18
2019-05-21
248.16 FIDELITY INTL INDX-INST PRM
P
2018-09-18
2019-05-20
172.241 FIDELITY INTL INDX-INST PRM
P
2018-03-19
2019-05-10
133.121 FIDELITY INTL INDX-INST PRM
P
2018-09-18
2019-05-10
7061.66 FIDELITY INTL INDX-INST PRM
P
2018-02-16
2019-04-26
702.603 FIDELITY INTL INDX-INST PRM
P
2017-12-01
2019-04-26
3342.522 FIDELITY INTL INDX-INST PRM
P
2018-02-20
2019-04-26
917.011 FIDELITY INTL INDX-INST PRM
P
2018-02-27
2019-04-26
1857.441 FIDELITY INTL INDX-INST PRM
P
2018-03-07
2019-04-26
1656.743 FIDELITY INTL INDX-INST PRM
P
2018-03-19
2019-04-26
659.223 FIDELITY INTL INDX-INST PRM
P
2018-02-16
2019-04-04
952.993 FIDELITY INTL INDX-INST PRM
P
2018-02-16
2019-03-22
1280 FINANCIAL SELECT SECTOR SPDR
P
2018-02-16
2019-04-26
701 FINANCIAL SELECT SECTOR SPDR
P
2018-02-20
2019-04-26
600 FINANCIAL SELECT SECTOR SPDR
P
2018-02-23
2019-04-26
165 FINANCIAL SELECT SECTOR SPDR
P
2018-02-16
2019-04-04
330 FINANCIAL SELECT SECTOR SPDR
P
2018-02-16
2019-03-19
640 HEALTH CARE SELECT SECTOR
P
2018-02-16
2019-04-26
684 HEALTH CARE SELECT SECTOR
P
2018-02-20
2019-04-26
215 HEALTH CARE SELECT SECTOR
P
2018-02-23
2019-04-26
224 HEALTH CARE SELECT SECTOR
P
2018-03-07
2019-04-26
207 HEALTH CARE SELECT SECTOR
P
2018-03-19
2019-04-26
343 ISHARES CORE DIVIDEND GROWTH
P
2018-02-20
2019-12-13
163 ISHARES CORE DIVIDEND GROWTH
P
2018-02-20
2019-09-17
20 ISHARES CORE DIVIDEND GROWTH
P
2018-02-27
2019-07-30
144 ISHARES CORE DIVIDEND GROWTH
P
2018-02-20
2019-07-30
84 ISHARES CORE DIVIDEND GROWTH
P
2018-02-27
2019-06-17
291 ISHARES CORE DIVIDEND GROWTH
P
2018-02-27
2019-05-23
8 ISHARES CORE DIVIDEND GROWTH
P
2018-02-27
2019-05-20
53 ISHARES CORE DIVIDEND GROWTH
P
2018-02-16
2019-05-20
134 ISHARES CORE DIVIDEND GROWTH
P
2018-02-16
2019-05-10
999 ISHARES CORE DIVIDEND GROWTH
P
2018-02-16
2019-04-26
183 ISHARES CORE DIVIDEND GROWTH
P
2018-02-16
2019-04-04
191 ISHARES CORE DIVIDEND GROWTH
P
2018-02-16
2019-03-19
618 ISHARES CORE MSCI EUROPE
P
2018-02-20
2019-11-26
197 ISHARES CORE MSCI EUROPE
P
2018-02-27
2019-11-26
227 ISHARES CORE MSCI EUROPE
P
2018-03-07
2019-11-26
232 ISHARES CORE MSCI EUROPE
P
2018-03-19
2019-11-26
64 ISHARES CORE MSCI EUROPE
P
2018-02-20
2019-08-06
378 ISHARES CORE MSCI EUROPE
P
2018-02-16
2019-06-06
13 ISHARES CORE MSCI EUROPE
P
2018-02-20
2019-06-06
200 ISHARES CORE MSCI EUROPE
P
2018-02-23
2019-06-06
267 ISHARES CORE MSCI EUROPE
P
2018-02-16
2019-05-23
140 ISHARES CORE MSCI EUROPE
P
2018-02-16
2019-05-10
206 ISHARES CORE MSCI EUROPE
P
2018-02-16
2019-03-22
981 ISHARES CORE S&P SMALL-CAP E
P
2018-09-18
2019-03-04
1208 ISHARES EDGE MSCI MIN VOL EMER
P
2018-12-21
2019-04-26
695 ISHARES EDGE MSCI USA VALUE
P
2018-02-20
2019-04-26
210 ISHARES EDGE MSCI USA VALUE
P
2018-02-23
2019-04-26
203 ISHARES EDGE MSCI USA VALUE
P
2018-03-07
2019-04-26
219 ISHARES EDGE MSCI USA VALUE
P
2018-03-19
2019-04-26
79 ISHARES EDGE MSCI USA VALUE
P
2018-02-16
2019-03-22
2 ISHARES EDGE MSCI USA VALUE
P
2018-02-20
2019-03-22
318 ISHARES MSCI CANADA ETF
P
2018-02-20
2019-07-30
162 ISHARES MSCI CANADA ETF
P
2018-02-20
2019-05-23
665 ISHARES MSCI CANADA ETF
P
2018-02-16
2019-04-26
160 ISHARES MSCI CANADA ETF
P
2018-02-20
2019-04-26
459 ISHARES MSCI CANADA ETF
P
2018-02-27
2019-04-26
151 ISHARES MSCI CANADA ETF
P
2018-02-16
2019-04-04
244 ISHARES MSCI CANADA ETF
P
2018-02-16
2019-03-19
100 ISHARES MSCI JAPAN ETF
P
2018-02-13
2019-06-06
15 ISHARES MSCI JAPAN ETF
P
2018-02-14
2019-06-06
297 ISHARES MSCI JAPAN ETF
P
2018-03-19
2019-06-06
100 ISHARES MSCI JAPAN ETF
P
2018-02-12
2019-05-23
101 ISHARES MSCI JAPAN ETF
P
2018-02-23
2019-05-23
43 ISHARES MSCI JAPAN ETF
P
2018-02-14
2019-05-23
120 JPM BTABLDRS DEV ASIA X-JPN
P
2019-04-26
2019-12-13
92 JPM BTABLDRS DEV ASIA X-JPN
P
2019-04-26
2019-12-13
113 JPM BTABLDRS DEV ASIA X-JPN
P
2019-04-26
2019-09-17
107 JPM BTABLDRS DEV ASIA X-JPN
P
2019-04-26
2019-06-20
4 JPM BTABLDRS DEV ASIA X-JPN
P
2019-04-26
2019-06-20
93 JPM BTABLDRS DEV ASIA X-JPN
P
2019-04-26
2019-06-20
111 JPM BTABLDRS DEV ASIA X-JPN
P
2019-04-26
2019-05-10
80 JPMORGAN BETABUILDERS CANADA
P
2018-10-30
2019-12-13
240 JPMORGAN BETABUILDERS CANADA
P
2018-10-30
2019-08-06
276 JPMORGAN BETABUILDERS CANADA
P
2018-10-30
2019-05-23
178 JPMORGAN BETABUILDERS CANADA
P
2018-10-30
2019-05-10
272 JPMORGAN BETABUILDERS CANADA
P
2018-10-30
2019-03-22
122 JPMORGAN BETABUILDERS EUROPE ETF
P
2019-04-26
2019-09-17
197 JPMORGAN BETABUILDERS EUROPE ETF
P
2019-04-26
2019-06-17
612 JPMORGAN BETABUILDERS JAPAN ETF
P
2019-04-26
2019-12-13
16 JPMORGAN BETABUILDERS JAPAN ETF
P
2019-04-26
2019-09-17
171 JPMORGAN BETABUILDERS JAPAN ETF
P
2019-04-26
2019-09-17
242 JPMORGAN BETABUILDERS JAPAN ETF
P
2019-04-26
2019-08-06
218 JPMORGAN BETABUILDERS JAPAN ETF
P
2019-04-26
2019-07-30
476 JPMORGAN BETABUILDERS JAPAN ETF
P
2019-04-26
2019-06-17
187 JPMORGAN BETABUILDERS JAPAN ETF
P
2019-04-26
2019-05-20
177 JPMORGAN BETABUILDERS JAPAN ETF
P
2019-04-26
2019-05-10
3007.346 SIX CIRCLE MGD EQ INTL UNCON
P
2019-11-26
2019-12-13
1022.523 SIX CIRCLE MGD EQ INTL UNCON
P
2019-04-26
2019-10-08
1219.43 SIX CIRCLE MGD EQ INTL UNCON
P
2019-04-26
2019-08-06
640.065 SIX CIRCLE MGD EQ INTL UNCON
P
2019-04-26
2019-06-20
525.488 SIX CIRCLE MGD EQ INTL UNCON
P
2019-04-26
2019-06-17
3302.263 SIX CIRCLE MGD EQ INTL UNCON
P
2019-04-26
2019-05-21
1078.947 SIX CIRCLE MGD EQ INTL UNCON
P
2019-04-26
2019-05-20
972.314 SIX CIRCLE MGD EQ INTL UNCON
P
2019-04-26
2019-05-10
4671 SIX CIRCLE MGD EQ US UNCON
P
2019-04-26
2019-12-13
1365.896 SIX CIRCLE MGD EQ US UNCON
P
2019-04-26
2019-12-05
1372.672 SIX CIRCLE MGD EQ US UNCON
P
2019-04-26
2019-10-08
369.73 SIX CIRCLE MGD EQ US UNCON
P
2019-04-26
2019-09-17
1475.266 SIX CIRCLE MGD EQ US UNCON
P
2019-04-26
2019-08-06
2746.911 SIX CIRCLE MGD EQ US UNCON
P
2019-04-26
2019-07-30
1167.47 SIX CIRCLE MGD EQ US UNCON
P
2019-04-26
2019-06-20
1290.161 SIX CIRCLE MGD EQ US UNCON
P
2019-04-26
2019-06-17
5073.42 SIX CIRCLE MGD EQ US UNCON
P
2019-04-26
2019-05-21
24 VANGUARD INFO TECH ETF
P
2018-03-19
2019-04-26
687 VANGUARD INFO TECH ETF
P
2018-02-16
2019-04-26
409 VANGUARD INFO TECH ETF
P
2018-02-20
2019-04-26
100 VANGUARD INFO TECH ETF
P
2018-02-23
2019-04-26
28 VANGUARD INFO TECH ETF
P
2018-03-19
2019-04-04
80 VANGUARD INFO TECH ETF
P
2018-03-19
2019-03-22
10 VANGUARD INFO TECH ETF
P
2018-03-19
2019-03-19
97 VANGUARD INFO TECH ETF
P
2018-03-07
2019-03-19
250000 BB&T CO global Bk ME Dium Germ NT
P
2019-10-18
2019-12-16
250000 CREDIT AGRICOLE CIB NY
P
2018-07-18
2019-02-11
250000 Eaton Corp NT 6.95%
P
2018-10-31
2019-02-05
250000 Harley Davidson Finl Svcs Inc
P
2018-07-16
2019-03-08
7427 JPMorgan Chase & Co Depositary SHS
P
2019-08-08
2019-09-03
200 M & T BK Corp Cum Perpetrual PFD Ser A
P
2019-02-01
2019-08-30
275000 Medtronic Global Holdings S CA
P
2018-11-07
2019-03-28
9750 State Str Corp Noncu M Dep Shs
P
2019-11-21
2019-12-16
300000 Capital One Finl Corp FXD
P
2017-11-08
2019-03-25
275000 Capital one Bk USA Natil Assn Assn
P
2018-04-17
2019-07-15
250000 Citizenz BK Medium Term NTS FXD
P
2018-06-29
2019-12-04
250000 Fifth Third Bk Cincinnati Ohio Medium Term
P
2018-06-29
2019-09-27
250000 JPMorgan Chase & Co Fsd RT Notes
P
2018-07-30
2019-12-23
300000 Lyondellbasell Inds N V NT ININ #US552081
P
2017-11-30
2019-02-11
200000 Morgan Stanley Global Medium Term
P
2018-07-16
2019-08-20
300000 Wrigley WW Jr Cont 144A 2.9%
P
2018-05-02
2019-10-21
200000 Sumitomo Mitsui Gk Corp NY Brh Instl CT F
P
2019-10-09
2019-11-07
475 Bank Amer Corp Dep Shs Repstg 1/1000th
P
2014-09-02
2019-02-25
500 Bank Amer Corp Dep Shs Repstg 1/1000th
P
2014-09-02
2019-02-28
1800 Bank Amer Corp Dep Shs Repstg 1/1000th
P
2014-09-02
2019-03-01
225 Bank Amer Corp Dep Shs Repstg 1/1000th
P
2014-09-02
2019-03-04
975 Bank Amer Corp Dep Shs Repstg 1/1000th
P
2014-09-04
2019-03-04
525 Bank Amer Corp Dep Shs Repstg 1/1000th
P
2014-09-04
2019-03-05
175000 Gunnison Cnty Colo C TES Partn Cops 2010B
P
2017-06-01
2019-07-15
761 JPMorgan Chase & Co Depositary Shs Repst
P
2015-02-09
2019-04-03
88 JPMorgan Chase & Co Depositary Shs Repst
P
2015-02-09
2019-04-04
700 JPMorgan Chase & Co Depositary Shs Repst
P
2015-02-09
2019-04-05
650 JPMorgan Chase & Co Depositary Shs Repst
P
2015-02-09
2019-04-16
1801 JPMorgan Chase & Co Depositary Shs Repst
P
2015-02-09
2019-04-17
2900 Morgan Stanley Dep Shs Repstg 1/1000 Pfd
P
2009-09-23
2019-06-06
311 Ishares Russell 1000 Value ETF
P
2018-04-06
2019-04-05
34 Ishares Russell Midcap G ETF
P
2013-11-05
2019-04-05
170 Ishares Russell 1000 GRW ETF
P
2014-08-15
2019-04-05
224 Ishares Russell 1000 GRW ETF
P
2015-04-17
2019-04-05
348000 Ishares Russell 1000 GRW ETF
P
2016-03-16
2019-04-05
86 Ishares Russell 1000 Value ETF
P
2015-04-17
2019-04-05
63 Ishares Russell 1000 Value ETF
P
2017-11-13
2019-04-05
6 Ishares Russell 2000 Grwth ETF
P
2014-08-05
2019-04-05
3 Vanguard Total Bond Market
P
2016-06-29
2019-04-05
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
27,203
34,325
-7,122
b
5,931
7,080
-1,149
c
36,148
42,022
-5,874
d
3,145
3,617
-472
e
105,979
92,400
13,579
9,361
8,244
1,117
21,942
20,895
1,047
26,660
24,335
2,325
28,022
26,759
1,263
56,647
51,750
4,897
18,336
17,032
1,304
26,421
26,490
-69
1,503
1,428
75
94,039
90,259
3,780
18,643
19,263
-620
5,448
5,273
175
41,462
41,754
-292
20,523
19,534
989
1,115
1,092
23
74,680
74,382
298
15,096
14,852
244
26,738
26,562
176
9,992
10,554
-562
14,840
15,946
-1,106
7,133
7,286
-153
4,701
4,947
-246
21,879
23,133
-1,254
9,872
10,480
-608
6,907
7,393
-486
5,338
5,622
-284
288,751
309,371
-20,620
28,729
30,500
-1,771
136,676
145,500
-8,824
37,497
40,000
-2,503
75,951
80,000
-4,049
67,744
71,107
-3,363
26,883
28,881
-1,998
37,891
41,751
-3,860
35,440
37,306
-1,866
19,409
20,315
-906
16,613
17,322
-709
4,380
4,809
-429
8,917
9,618
-701
56,872
54,883
1,989
60,782
58,028
2,754
19,105
18,161
944
19,905
18,822
1,083
18,394
17,325
1,069
14,288
12,099
2,189
6,408
5,750
658
780
713
67
5,616
5,079
537
3,163
2,993
170
10,869
10,369
500
296
285
11
1,960
1,892
68
4,974
4,784
190
37,781
35,668
2,113
6,812
6,534
278
7,092
6,819
273
29,823
31,319
-1,496
9,507
9,950
-443
10,954
11,324
-370
11,196
11,569
-373
2,819
3,243
-424
17,390
19,392
-2,002
598
659
-61
9,201
10,147
-946
12,329
13,698
-1,369
6,481
7,182
-701
9,422
10,568
-1,146
78,099
87,054
-8,955
72,020
67,051
4,969
57,088
58,690
-1,602
17,250
17,724
-474
16,675
17,058
-383
17,989
18,409
-420
6,280
6,755
-475
159
169
-10
9,042
8,962
80
4,559
4,566
-7
18,922
18,903
19
4,553
4,509
44
13,061
13,022
39
4,234
4,292
-58
6,864
6,936
-72
5,371
5,941
-570
806
895
-89
15,953
17,709
-1,756
5,370
6,022
-652
5,424
6,194
-770
2,309
2,567
-258
3,098
3,167
-69
2,375
2,378
-3
2,888
2,983
-95
2,831
2,824
7
106
106
0
2,461
2,521
-60
2,802
2,871
-69
2,055
1,800
255
5,764
5,399
365
6,747
6,209
538
4,313
4,004
309
6,469
6,119
350
2,901
2,961
-60
4,689
4,781
-92
15,522
14,082
1,440
379
368
11
4,050
3,937
113
5,385
5,572
-187
4,962
5,020
-58
10,673
10,960
-287
4,131
4,306
-175
3,928
4,076
-148
30,705
30,434
271
9,806
10,123
-317
11,548
12,072
-524
6,420
6,337
83
5,113
5,202
-89
32,098
32,692
-594
10,455
10,682
-227
9,412
9,626
-214
51,381
47,691
3,690
14,779
13,946
833
13,562
14,015
-453
3,771
3,775
-4
14,635
15,062
-427
28,458
28,046
412
11,885
11,920
-35
12,850
13,173
-323
50,582
50,618
-36
5,102
4,264
838
146,045
120,809
25,236
86,947
71,919
15,028
21,258
17,584
3,674
5,723
4,975
748
16,012
14,214
1,798
2,007
1,777
230
19,470
17,336
2,134
250,000
250,062
-62
250,307
250,000
307
251,060
251,240
-180
250,000
250,000
0
185,675
185,385
290
200,000
200,000
0
275,000
273,892
1,108
243,750
247,046
-3,296
300,000
300,102
-102
275,000
275,000
0
250,000
247,928
2,072
250,000
246,163
3,837
250,000
247,308
2,692
300,000
301,185
-1,185
200,544
200,447
97
300,000
300,000
0
200,000
200,000
0
12,146
11,875
271
12,804
12,500
304
46,040
45,000
1,040
5,760
5,625
135
24,959
24,278
681
13,440
13,073
367
175,000
175,000
0
19,790
18,918
872
2,288
2,188
100
18,193
17,402
791
16,861
16,159
702
46,748
44,773
1,975
60,084
52,973
7,111
39,011
37,420
1,591
4,726
2,699
2,027
26,282
15,504
10,778
34,630
22,263
12,367
53,800
34,109
19,691
10,788
8,958
1,830
7,903
7,523
380
1,203
804
399
242
253
-11
1,595
1,595
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
-7,122
b
-1,149
c
-5,874
d
-472
e
13,579
1,117
1,047
2,325
1,263
4,897
1,304
-69
75
3,780
-620
175
-292
989
23
298
244
176
-562
-1,106
-153
-246
-1,254
-608
-486
-284
-20,620
-1,771
-8,824
-2,503
-4,049
-3,363
-1,998
-3,860
-1,866
-906
-709
-429
-701
1,989
2,754
944
1,083
1,069
2,189
658
67
537
170
500
11
68
190
2,113
278
273
-1,496
-443
-370
-373
-424
-2,002
-61
-946
-1,369
-701
-1,146
-8,955
4,969
-1,602
-474
-383
-420
-475
-10
80
-7
19
44
39
-58
-72
-570
-89
-1,756
-652
-770
-258
-69
-3
-95
7
0
-60
-69
255
365
538
309
350
-60
-92
1,440
11
113
-187
-58
-287
-175
-148
271
-317
-524
83
-89
-594
-227
-214
3,690
833
-453
-4
-427
412
-35
-323
-36
838
25,236
15,028
3,674
748
1,798
230
2,134
-62
307
-180
0
290
0
1,108
-3,296
-102
0
2,072
3,837
2,692
-1,185
97
0
0
271
304
1,040
135
681
367
0
872
100
791
702
1,975
7,111
1,591
2,027
10,778
12,367
19,691
1,830
380
399
-11
1,595
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
77,949
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
...................
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?
Yes
No
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1
Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2018
932,072
16,107,828
0.057865
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
2
Total
of line 1, column (d)
.....................
2
0.286837
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
0.057367
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
15,438,254
5
Multiply line 4 by line 3
......................
5
885,646
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
5,058
7
Add lines 5 and 6
........................
7
890,704
8
Enter qualifying distributions from Part XII, line 4
,.............
8
956,339
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a
Exempt operating foundations described in section 4940(d)(2), check here
and enter “N/A" on line 1.
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
5,058
here
and 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
5,058
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
5,058
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
11,000
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
11,000
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
6
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
5,936
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
5,936
Refunded
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.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
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)
CO
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G?
If "No," attach explanation
.
8b
Yes
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
If "Yes," complete Part XIV
.............................
9
No
10
Did any persons become substantial contributors during the tax year?
If "Yes," attach a schedule listing their names
and addresses.
...............................
10
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
5
Part VII-A
Statements Regarding Activities
(continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions
.............
11
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions
.................
12
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
Website address
www.larrk.org
14
The books are in care of
The Foundation
Telephone no.
(303) 884-0908
Located at
1001 17th Street Suite 1050
Denver
CO
ZIP+4
80202
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
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
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?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(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)?
...............
Yes
No
(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.)
.......
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
........
c
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2019?
.............
1c
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2019?
.............
Yes
No
If "Yes," list the years
20
,
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.
20
,
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?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2019 as a result of
(1)
any purchase by the foundation
or disqualified persons after May 26, 1969;
(2)
the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or
(3)
the lapse of the 10-, 15-, or 20-year first phase holding period?
(Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2019.)
..................
3b
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
4b
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
6
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
(continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1)
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
.........
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?
..........
Yes
No
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?
.....................
Yes
No
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?
Yes
No
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?
.................
Yes
No
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
1001 17th Street Suite 1050
Denver
,
CO
80202
Louisa Craft Jornayvaz
Secretary
1.00
0
0
0
1001 17th Street Suite 1050
Denver
,
CO
80202
Wendell Fleming
Executive Director
40.00
133,900
36,907
0
1001 17th Street Suite 1050
Denver
,
CO
80202
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
...................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
7
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
(continued)
3
Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a)
Name and address of each person paid more than $50,000
(b)
Type of service
(c)
Compensation
NONE
Total
number of others receiving over $50,000 for professional services
.............
0
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
.........................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
8
Part X
Minimum Investment Return
(All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities
...................
1a
15,498,248
b
Average of monthly cash balances
.......................
1b
175,106
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
15,673,354
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
15,673,354
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
235,100
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
15,438,254
6
Minimum investment return.
Enter 5% of line 5
..................
6
771,913
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
771,913
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
5,058
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
5,058
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
766,855
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
766,855
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
766,855
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
956,339
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
956,339
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
5,058
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
951,281
Note:
The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2018
(c)
2018
(d)
2019
1
Distributable amount for 2019 from Part XI, line 7
766,855
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
0
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
2,895
b
From 2015
......
c
From 2016
......
60,272
d
From 2017
......
372,232
e
From 2018
......
163,524
f
Total
of lines 3a through e
........
598,923
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
956,339
a
Applied to 2018, 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 2019 distributable amount
.....
766,855
e
Remaining amount distributed out of corpus
189,484
5
Excess distributions carryover applied to 2019.
0
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
788,407
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 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
0
7
Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions)
.......
0
8
Excess distributions carryover from 2014 not
applied on line 5 or line 7 (see instructions)
...
2,895
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
785,512
10
Analysis of line 9:
a
Excess from 2015
....
b
Excess from 2016
....
60,272
c
Excess from 2017
....
372,232
d
Excess from 2018
....
163,524
e
Excess from 2019
....
189,484
Form
990-PF
(2019)
Form 990-PF (2019)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-A, question 9)
1a
If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2019, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part X for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
2019
(b)
2018
(c)
2017
(d)
2016
b
85% of line 2a
.........
c
Qualifying distributions from Part XII,
line 4 for each year listed
.....
d
Amounts included in line 2c not used directly
for active conduct of exempt activities
..........
e
Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c
....
3
Complete 3a, b, or c for the
alternative test relied upon:
a
“Assets" alternative test—enter:
(1)
Value of all assets
......
(2)
Value of assets qualifying
under section 4942(j)(3)(B)(i)
b
“Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part X, line 6 for each year listed
...
c
“Support" alternative test—enter:
(1)
Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties)
....
(2)
Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)
....
(3)
Largest amount of support
from an exempt organization
(4)
Gross investment income
Part XV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List 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).)
b
List 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.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The 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
,
CO
80202
(303) 884-0908
b
The form in which applications should be submitted and information and materials they should include:
No unsolicited grant applications will be accepted
c
Any submission deadlines:
No submission deadlines
d
Any 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
(2019)
Form 990-PF (2019)
Page
11
Part XV
Supplementary Information
(continued)
3
Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient
If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
a
Paid during the year
Armory Art CenterArt of the Phoenix Program
300 Strong St
Brighton
,
CO
80601
None
Other Public Charity
General Support
10,000
Bags of FunGabby Krause Foundation
7200 S Alton Way B-130
Centennial
,
CO
70112
None
Other Public Charity
General Support
5,000
Breakthrough Kent Denver
4000 E Quincy Avenue
Englewood
,
CO
80113
None
Other Public Charity
General Support
25,000
Brent's Place
11980 E 16th Ave
Aurora
,
CO
80010
None
Other Public Charity
General Support
5,000
Central City Opera
400 S Colorado Blvd 530
Denver
,
CO
80246
None
Other Public Charity
General Support
10,000
Chalkbeat Colorado
2900 Welton St
Denver
,
CO
80205
None
Other Public Charity
General Support
100
Children's Hospital
13123 E 16th Ave
Aurora
,
CO
80045
None
Other Public Charity
General Support
15,000
CO Youth for Change
2490 W 26th Ave Suite 110A
Denver
,
CO
80211
None
Other Public Charity
General Support
20,000
Colorado Association of Funders
5855 Wadsworth Bypass Unit A
Arvada
,
CO
80003
None
Other Public Charity
General Support
1,925
Cottonwood Institute
PO Box 7067
Denver
,
CO
80207
None
Other Public Charity
General Support
15,000
Denver Art Museum
100 W 14th Avenue Pkwy
Denver
,
CO
80204
None
Other Public Charity
General Support
200,000
Denver Public Schools
1860 Lincoln Street 9th Floor
Denver
,
CO
80203
None
Other Public Charity
General Support
65,000
Denver Schlrshp Fndtn
303 East 17th Ave Suite 200
Denver
,
CO
80203
None
Other Public Charity
General Support
50,000
DSST Public Schools
3401 Quebec St 2000
Denver
,
CO
80207
None
Other Public Charity
General Support
25,000
Equine Partnership Program
40495 Co Rd 13
Elizabeth
,
CO
80107
None
Other Public Charity
General Support
15,000
Every Child Pediatrics
355 Union Blvd 105
Lakewood
,
CO
80228
None
Other Public Charity
General Support
25,000
Family Legacy Missions International
5005 W Royal Ln Ste 252
Irving
,
TX
75063
None
Other Public Charity
General Support
1,296
Florence Crittenton Services of CO
96 South Zuni St
Denver
,
CO
80223
None
Other Public Charity
General Support
30,000
Friends of the Haven
PO Box 102375
Denver
,
CO
80250
None
Other Public Charity
General Support
25,000
Friendship Bridge
405 Urban St 140
Lakewood
,
CO
80228
None
Other Public Charity
General Support
5,000
Georgetown Cultural Arts Program
809 Taos St
Georgetown
,
CO
80444
None
Other Public Charity
General Support
2,500
Girls Athletic Leadership School of Denver
750 Galapago St
Denver
,
CO
80204
None
Other Public Charity
General Support
7,500
Global Dental Relief
2230 Glencoe St
Denver
,
CO
80207
None
Other Public Charity
General Support
10,000
Heart & Hand Center
2736 Welton St 204
Denver
,
CO
80205
None
Other Public Charity
General Support
5,000
Invest in Kids
1775 Sherman St 2075
Denver
,
CO
80203
None
Other Public Charity
General Support
10,000
Junior Achievement - Rocky Mountain Inc
1445 Market St 20
Denver
,
CO
80202
None
Other Public Charity
General Support
10,000
Maria Droste Counseling Center
1355 South Colorado Blvd Suite
C-100
Denver
,
CO
80222
None
Other Public Charity
General Support
20,000
Mile High Early Learning
1799 Pennsylvania Street
Denver
,
CO
80203
None
Other Public Charity
General Support
7,500
Montview Church
1980 Dahlia St
Denver
,
CO
80220
None
Other Public Charity
General Support
100,000
National Museum of Polo
9011 Lake Worth Road
Lake Worth
,
FL
33467
None
Other Public Charity
General Support
12,500
Shout Inc
1001 Pontiac St
Denver
,
CO
80220
None
Other Public Charity
General Support
5,000
SLC6A1 Connect
1445 Market St 20
Denver
,
CO
80202
None
Other Public Charity
General Support
10,000
St Vrain Valley Schools Innovation Center
33 Quail Rd
Longmont
,
CO
80501
None
Other Public Charity
General Support
20,000
Teach for America
1391 Speer Rlvd 710
Denver
,
CO
80204
None
Other Public Charity
General Support
15,000
University of Denver Graduate School of Professional Psychology
2450 S Vine Street
Denver
,
CO
80208
None
Other Public Charity
General Support
156,265
UNSW & Study Abroad
275 Madison Avenue 6th Floor
New York
,
NY
10016
None
Other Public Charity
General Support
16,753
Total
.................................
3a
956,339
b
Approved for future payment
Equine Partnership Program
40495 Co Rd 13
Elizabeth
,
CO
80107
None
Other Public Charity
General Support
30,000
Maria Droste Counseling Center
1355 South Colorado Blvd Suite
C-100
Denver
,
CO
80222
None
Other Public Charity
General Support
40,000
Montview Church
1980 Dahlia St
Denver
,
CO
80220
None
Other Public Charity
General Support
900,000
Total
.................................
3b
970,000
Form
990-PF
(2019)
Form 990-PF (2019)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees 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
529,195
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not 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
77,949
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
Income Tax Refunds
01
39,876
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
0
647,020
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
647,020
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form
990-PF
(2019)
Form 990-PF (2019)
Page
13
Part XVII
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1)
Cash
...................................
1a(1)
No
(2)
Other assets
.................................
1a(2)
No
b
Other transactions:
(1)
Sales of assets to a noncharitable exempt organization
....................
1b(1)
No
(2)
Purchases of assets from a noncharitable exempt organization
..................
1b(2)
No
(3)
Rental of facilities, equipment, or other assets
.......................
1b(3)
No
(4)
Reimbursement arrangements
...........................
1b(4)
No
(5)
Loans or loan guarantees
.............................
1b(5)
No
(6)
Performance of services or membership or fundraising solicitations
................
1b(6)
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees
..............
1c
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column
(b)
should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column
(d)
the value of the goods, other assets, or services received.
(a)
Line No.
(b)
Amount involved
(c)
Name of noncharitable exempt organization
(d)
Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527?
...........
Yes
No
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.
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2019)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description