-
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
Kenneth Kendal King Foundation
Number and street (or P.O. box number if mail is not delivered to street address)
PO Box 6699
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Denver
,
CO
80206
A Employer identification number
84-1148157
B
Telephone number (see instructions)
(303) 832-3200
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)
$
62,397,461
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
...
1,858,511
1,858,511
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
1,235,541
b
Gross sales price for all assets on line 6a
7
Capital gain net income (from Part IV, line 2)
...
1,235,541
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)
.......
21,167
21,167
12
Total.
Add lines 1 through 11
........
3,115,219
3,115,219
13
Compensation of officers, directors, trustees, etc.
272,465
64,125
208,340
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
36,521
1,115
35,406
16a
Legal fees (attach schedule)
.........
19,941
0
19,941
b
Accounting fees (attach schedule)
.......
42,958
6,443
36,515
c
Other professional fees (attach schedule)
....
39,711
0
39,711
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
32,718
0
0
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
4,048
0
4,048
21
Travel, conferences, and meetings
.......
6,729
0
6,729
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
266,538
0
266,538
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
721,629
71,683
617,228
25
Contributions, gifts, grants paid
.......
1,660,000
1,660,000
26
Total expenses and disbursements.
Add lines 24 and 25
2,381,629
71,683
2,277,228
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
733,590
b
Net investment income
(if negative, enter -0-)
3,043,536
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
.............
120,530
102,498
102,498
2
Savings and temporary cash investments
.........
120
97
97
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)
.......
37,002,571
37,418,650
60,290,002
c
Investments—corporate bonds (attach schedule)
.......
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
159,860
178,124
483,054
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
1,204,508
1,521,810
1,521,810
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
38,487,589
39,221,179
62,397,461
17
Accounts payable and accrued expenses
..........
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
23
Total liabilities
(add lines 17 through 22)
.........
0
0
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
........
0
0
27
Paid-in or capital surplus, or land, bldg., and equipment fund
0
0
28
Retained earnings, accumulated income, endowment, or other funds
38,487,589
39,221,179
29
Total net assets or fund balances
(see instructions)
.....
38,487,589
39,221,179
30
Total liabilities and net assets/fund balances
(see instructions)
.
38,487,589
39,221,179
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
38,487,589
2
Enter amount from Part I, line 27a
.....................
2
733,590
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3
..........................
4
39,221,179
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
39,221,179
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
Publicly traded securities
b
Pass-through entity
P
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
1,226,473
b
9,068
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-)
or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
1,226,473
b
9,068
c
d
e
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
1,235,541
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
2,337,728
50,970,468
0.045864
2017
1,826,073
49,083,694
0.037203
2016
2,194,885
45,071,299
0.048698
2015
1,382,882
41,925,965
0.032984
2014
2,230,918
42,884,140
0.052022
2
Total
of line 1, column (d)
.....................
2
0.216771
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
0.043354
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
55,049,316
5
Multiply line 4 by line 3
......................
5
2,386,608
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
30,435
7
Add lines 5 and 6
........................
7
2,417,043
8
Enter qualifying distributions from Part XII, line 4
,.............
8
2,662,229
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
30,435
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
30,435
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
30,435
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
58,005
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
58,005
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
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
27,570
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
27,570
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
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)
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
kennethkingfoundation.org
14
The books are in care of
Kenneth King Foundation
Telephone no.
(303) 832-3200
Located at
PO Box 6699
Denver
CO
ZIP+4
80206
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
No
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
No
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
Janice Fritsch
President
40.00
184,965
11,281
0
PO Box 6699
Denver
,
CO
80206
Matthew R Banner III
Director
24.00
20,000
0
0
PO Box 6699
Denver
,
CO
80206
Timothy Welker
Chairman & Secretary
5.00
20,000
0
0
PO Box 6699
Denver
,
CO
80206
John Love
Director
3.00
20,000
0
0
PO Box 6699
Denver
,
CO
80206
Stacey Duke
Treasurer
2.00
7,500
0
0
PO Box 6699
Denver
,
CO
80206
Jared Minor
Director
15.00
20,000
0
0
PO Box 6699
Denver
,
CO
80206
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
The Foundation made an additional equity investment in a commercial organization to increase access to software coding materials for low-income youth in rural areas. The Foundation's investment in the organization at December 31, 2019 was $350,003.
150,001
2
The Foundation made a loan to a nonprofit organization in the amount of $85,000, with interest at a rate of 2% per annum. The Foundation's investment in the organization at December 31, 2019 was $85,000.
85,000
All other program-related investments. See instructions.
3
150,000
Total.
Add lines 1 through 3
.........................
385,001
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
55,537,621
b
Average of monthly cash balances
.......................
1b
350,009
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
55,887,630
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
55,887,630
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
838,314
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
55,049,316
6
Minimum investment return.
Enter 5% of line 5
..................
6
2,752,466
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
2,752,466
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
30,435
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
30,435
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
2,722,031
4
Recoveries of amounts treated as qualifying distributions
................
4
67,418
5
Add lines 3 and 4
............................
5
2,789,449
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
2,789,449
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
2,277,228
b
Program-related investments—total from Part IX-B
..................
1b
385,001
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
2,662,229
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
30,435
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
2,631,794
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
2,789,449
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
2,582,674
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
b
From 2015
......
c
From 2016
......
d
From 2017
......
e
From 2018
......
f
Total
of lines 3a through e
........
0
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
2,662,229
a
Applied to 2018, but not more than line 2a
2,582,674
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
.....
79,555
e
Remaining amount distributed out of corpus
0
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
0
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
0
c
Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed
......
0
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
0
e
Undistributed income for 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
..........
2,709,894
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)
...
0
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
0
10
Analysis of line 9:
a
Excess from 2015
....
b
Excess from 2016
....
c
Excess from 2017
....
d
Excess from 2018
....
e
Excess from 2019
....
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:
Janice Fritsch
PO Box 6699
Denver
,
CO
80206
(303) 832-3200
grants@kennethkingfoundation.org
b
The form in which applications should be submitted and information and materials they should include:
Letter of inquiry and grant applications should be submitted online via the Foundation's website at www.kennethkingfoundation.org.
c
Any submission deadlines:
September 1 of each calendar year.
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Further information can be found at www.kennethkingfoundation.org.
a
The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
Janice Fritsch
PO Box 6699
Denver
,
CO
80206
(303) 832-3200
grants@kennethkingfoundation.org
b
The form in which applications should be submitted and information and materials they should include:
Letter of inquiry and grant applications should be submitted online via the Foundation's website at www.kennethkingfoundation.org.
c
Any submission deadlines:
March 1 of each calendar year.
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Further information can be found at www.kennethkingfoundation.org.
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
Discover Goodwill of Southern and Western Colorado
6850 Federal Boulevard
Denver
,
CO
80221
PC
Youth Career Development Services
75,000
Bayaud Enterprises
333 W Bayaud Avenue
Denver
,
CO
80223
PC
Innovative Employment Solutions
50,000
Bridge House
5345 Arapahoe Ave Unit 5
Boulder
,
CO
80303
PC
Ready to Work Program
50,000
Capitol Hill Community Services
3615 S Huron St 206
Englewood
,
CO
80110
PC
Homeless Meal Sites
50,000
Colorado Symphony Association
Boettcher Concert Hall Denver
Performing Arts Complex
Denver
,
CO
802022333
PC
Endowment Fund
50,000
La Puente Home Incorporated
PO Box 1235
Alamosa
,
CO
81101
PC
Employment Readiness
50,000
Solar Energy International
39845 Mathews Lane
Paonia
,
CO
81428
PC
Growing Colorados Solar Workforce
50,000
Warren Village Inc
1323 Gilpin Street
Denver
,
CO
80218
PC
Self-Sufficiency Program for Low-Income, Single-Parent Families
50,000
Colorado Coalition for the Homeless
2111 Champa St
Denver
,
CO
80205
PC
Support for Employment Training Program
40,000
Bunker Labs
125 S Clark St WeWork 17th Floor
Chicago
,
IL
60603
PC
Entrepreneurship programs for military veterans
25,000
Center for Employment Opportunities
3532 Franklin Street Suite S
Denver
,
CO
80205
PC
Reentry Employment Services for formerly incarcerated Colorado Residents
25,000
Colorado Mesa University Foundation
1450 N 12th Street
Grand Junction
,
CO
81501
PC
Mobile Learning Lab
25,000
Emily Griffith Foundation
1860 Lincoln St Suite 605
Denver
,
CO
80218
PC
Emily Griffith Entrepreneurship for the 21st Century
25,000
Focus Points Family Resource Center
2501 East 48th Avenue
Denver
,
CO
80216
PC
Comal Heritage Food Incubator
25,000
Mi Casa Resource Center
345 S Grove St
Denver
,
CO
80219
PC
Career and Business training for Low-Income Individuals
25,000
Rocky Mountain MicroFinance Institute
PO Box 48138
Denver
,
CO
80204
PC
Thrive Program
25,000
WorkLife Partnership
99 Inca Street
Denver
,
CO
80223
PC
Sustainable Workforce Model - Navigator Services
25,000
Colorado Business Committee for the Arts
789 Sherman Street 280
Denver
,
CO
80203
PC
Creative Workforce and Entrepreneurial Training
20,000
Colorado Symphony Association
Boettcher Concert Hall Denver
Performing Arts Complex
Denver
,
CO
802022333
PC
General Operating
20,000
Community College of Aurora Foundation
16000 East CentreTech Parkway
Aurora
,
CO
800119036
PC
CCA Entrepreneur Seed Fund
20,000
Defy Ventures Colorado Inc
1644 Platte Street
Denver
,
CO
80202
PC
Defy COs Post-Release Programs for Entrepreneurs-in-Training
20,000
E for All
175 Cabot St
Lowell
,
MA
01854
PC
Entrepreneurship for All (EforAll), Boulder County
20,000
Homeward Bound of the Grand Valley Inc
2853 North Ave
Grand Junction
,
CO
81501
PC
Removing Barriers to Employment for Homeless Adults through Vocational Training
20,000
Mile High WorkShop
13280 E Mississippi Ave
Aurora
,
CO
80012
PC
Mile High WorkShop
20,000
Prodigy Ventures
3801 E 40th Avenue
Denver
,
CO
80205
PC
Prodigy Coffeehouse Apprenticeship Program
20,000
So All May Eat Inc (SAME Caf)
2023 E Colfax Avenue
Denver
,
CO
80206
PC
Cook to Work
20,000
Unlimited Learning Inc
PO Box 1273 mailing address
Cortez
,
CO
81321
PC
Integrated Learning and Job Training
20,000
Women's Bean Project
3201 Curtis Street
Denver
,
CO
80205
PC
Transitional Employment Program
20,000
Year One Inc dba Mile High Youth Corps
1801 Federal Blvd
Denver
,
CO
80204
PC
YouthBuild Program
20,000
Youth on Record
1301 west 10th ave
Denver
,
CO
80204
PC
Training and preparing the next generation of leaders in the creative industries
20,000
Mesa Developmental Services dba STRiVE
790 Wellington Ave
Grand Junction
,
CO
81501
PC
Alida's Fruits
17,500
Blue Star Recyclers
100 Talamine Court
Colorado Springs
,
CO
80907
PC
Colorado Springs, Denver, and Boulder Electronics Recycling Programs
15,000
Durango Adult Education Center
701 Camino Del Rio Suite 301
Durango
,
CO
81301
PC
Building opportunities and occupations for successful transitions program
15,000
First Southwest Community Fund
720 Main Street
Alamosa
,
CO
81101
PC
Rural Colorado Entrepreneurship Fund
15,000
La Puente Home Incorporated
PO Box 1235
Alamosa
,
CO
81101
PC
Emergency Shelter Home
15,000
Metropolitan State College of Denver Foundation Inc
Campus Box 14 PO Box 173362
Denver
,
CO
802173362
PC
Roadfounders College Entrepreneurship Incubator
15,000
Mount Carmel Center of Excellence
530 Communications Circle
Colorado Springs
,
CO
80905
PC
Veterans Service Center- Employment for Veterans and their Families
15,000
Saint Francis Center
2323 Curtis Street
Denver
,
CO
80205
PC
Services to help homeless individuals overcome barriers to employment
15,000
Second Chance Center Inc
9722 East 16th Avenue
Aurora
,
CO
80010
PC
Helping formerly incarcerated people remove the barriers to successful employment
15,000
Access Gallery
909 Santa Fe Dr
Denver
,
CO
80204
PC
Increasing Economic Opportunities for Individuals with Disabilities through Visual ArtWorks
10,000
Blind Institute of Technology
11149 W 17th Ave B2-101
Lakewood
,
CO
80215
PC
BIT Workforce Program
10,000
Bridge House
5345 Arapahoe Ave Unit 5
Boulder
,
CO
80303
PC
Ready to Work Program
10,000
Colorado Ballet Company
1075 Santa Fe Drive
Denver
,
CO
80204
PC
General Operating
10,000
Colorado Historical Society DBA History Colorado
PO BOX 5941
Denver
,
CO
80217
PC
History Colorado General Operating Grant
10,000
Colorado Lions KidSight Program
8200 S Quebec St A3-704
Centennial
,
CO
80112
PC
Colorado Lions KidSight Program
10,000
Colorado Museum of Natural History DBA Denver Museum of Nature & Science
2001 Colorado Blvd
Denver
,
CO
80205
PC
Arachnology Research & Honor Mike Getty
10,000
Colorado Springs Philharmonic Orchestra
PO Box 1266
Colorado Springs
,
CO
809011266
PC
General Operating
10,000
Community Foundation of the San Luis Valley
610 State Avenue
Alamosa
,
CO
81101
PC
Strategic Partnerships
10,000
Community Resource Center
789 Sherman St Suite 210
Denver
,
CO
80203
PC
Rural Philanthropy Days Program
10,000
Denver Children's Advocacy Center
2149 Federal Boulevard
Denver
,
CO
80211
PC
General Operating Support for DCACs Continuum of Care
10,000
Denver Lions Foundation
1373 Grant Street
Denver
,
CO
80203
PC
Sight Program - Direct Help to Individuals
10,000
Denver Lyric Opera Guild
PO Box 339
Englewood
,
CO
80151
PC
Competition for Colorado Singers
10,000
Denver Zoological Foundation
2300 Steele Street
Denver
,
CO
80205
PC
Denver Zoo General Operations Support
10,000
Dreamspring formerly known as Accion of New Mexico
2000 Zearing Avenue NW
Albuquerque
,
NM
87104
PC
Small Business Impact Fund (SBIF) grant to support PRI
10,000
Eagle Valley Religious Foundation
PO Box 1828
Edwards
,
CO
81632
PC
Edwards Interfaith Chapel and Community Center
10,000
Emergency Family Assistance Association
1575 Yarmouth Avenue
Boulder
,
CO
803040564
PC
Job Uptake for Motivated Parents (JUMP)
10,000
Gabby Krause Foundation
7200 S Alton Way B-130
Centennial
,
CO
80112
PC
General Support - Board Discretionary
10,000
Girls Incorporated of Metro Denver
1499 Julian St
Denver
,
CO
80204
PC
Strong, Smart & Bold Beans
10,000
Gunnison Arts Center
102 S Main St
Gunnison
,
CO
81230
PC
Gunnison Arts Center Programming and Operations
10,000
Hope Communities
2543 California Street
Denver
,
CO
80205
PC
Workforce Development Leading to Economic Opportunity
10,000
Littleton Town Hall Arts Center
2450 W Main Street
Littleton
,
CO
80120
PC
General Operating Support
10,000
Manna Soup Kitchen
1100 Avenida del Sol PO Box 1196
Durango
,
CO
81301
PC
Manna's Culinary Program
10,000
Museum of Contemporary Art Denver
1485 Delgany Street
Denver
,
CO
80202
PC
Inspiring Community Engagement for Teens through Arts Education
10,000
Museum of Friends
PO Box 506 109 East 6th Street
Walsenburg
,
CO
81089
PC
General Operating Support
10,000
Opera Colorado
4121 South Navajo StreetSuite 100
Englewood
,
CO
80110
PC
General Operating Support
10,000
Opera Steamboat
320 S Lincoln Ave
Steamboat Springs
,
CO
80487
PC
2019 Summer Opera Festival
10,000
Outreach United Resource Center Inc
220 Collyer St
Longmont
,
CO
80501
PC
General Operating
10,000
Phamaly Theatre Company
711 Park Avenue West Suite 320
Denver
,
CO
80205
PC
General Operating for 2019 Season
10,000
Prodigy Ventures
3801 E 40th Avenue
Denver
,
CO
80205
PC
Apprenticeship Program
10,000
Rio Grande Farm Park
412 State Street
Alamosa
,
CO
81101
PC
Incubator Program
10,000
Rocky Mountain Multiple Sclerosis Center
8845 Wagner Street
Westminster
,
CO
80013
PC
The King Adult Day Enrichment Program
10,000
Rocky Mountain Repertory Theatre
PO Box 1682
Grand Lake
,
CO
80447
PC
2019 Theatrical Season
10,000
Second Chance Center Inc
9722 East 16th Avenue
Aurora
,
CO
80010
PC
Job training and placement program
10,000
Sigma Chi Foundation
Sigma Chi International Headquarter
1714 Hinman Avenue
Evanston
,
IL
60201
PC
Sigma Chi Founders Scholarship (business and entrepreneurial focus)
10,000
St Elizabeth's School
2350 Gaylord St
Denver
,
CO
80205
PC
General Operating Support
10,000
Swallow Hill Music Association
71 E Yale Ave
Denver
,
CO
80210
PC
General Operating Support
10,000
The Colorado College Summer Music Festival
14 E Cache La Poudre St
Colorado Springs
,
CO
80903
PC
Colorado College Summer Music Festivals 2019 concert season collaborations
10,000
The Delores Project
PO Box 1406
Denver
,
CO
80201
PC
Steps to Stability Program
10,000
The Gathering Place
1535 High St
Denver
,
CO
80218
PC
Education and Job Readiness Program
10,000
Urban Peak Denver
2100 Stout Street
Denver
,
CO
80205
PC
Igniting the Spark - Peak Thrift, a social enterprise venture of Urban Peak Denver
10,000
WINGS Foundation Inc
7550 West Yale Ave Ste B-201
Denver
,
CO
80220
PC
Services for Adult Survivors of Childhood Sexual Abuse
10,000
Young Americans Center for Financial Education
3550 East First Ave
Denver
,
CO
80206
PC
YouthBiz
10,000
Denver Homeless VOICE
1600 Downing St Suite 230
Denver
,
CO
80218
PC
VOICE Vending Program
7,500
Jefferson Symphony Orchestra
PO Box 546
Golden
,
CO
80401
PC
General Support
7,500
Mount St Vincent Home
4159 Lowell Boulevard
Denver
,
CO
80211
PC
General Support
7,500
Alamosa Live Music Association (ALMA)
PO Box 1836
Alamosa
,
CO
81101
PC
Hi Quality Accessible Live Music Performances in the San Luis Valley
5,000
Blue Sage Center for the Arts
PO Box 700/226-228 Grand Ave
Paonia
,
CO
81428
PC
General Operating Expenses
5,000
Celebrate Autism Inc dba Celebrate EDU
4564 Arapahoe Ave
Boulder
,
CO
80303
PC
Supported Entrepreneurship Programs Expansion
5,000
Central Visitation Program
1660 Sherman Street
Denver
,
CO
80203
PC
Central Visitation Program
5,000
Colorado Museum of Natural History DBA Denver Museum of Nature & Science
2001 Colorado Blvd
Denver
,
CO
80205
PC
Air Scribes for the Paleontology Lab
5,000
Denver Homeless VOICE
1600 Downing St Suite 230
Denver
,
CO
80218
PC
Vendor Program
5,000
Denver South High School
1700 East Louisiana Avenue
Denver
,
CO
80210
PC
New percussion equipment for Denver South Instrumental Music Students
5,000
Friends of Rebel Field - Denver South High School
1700 East Louisiana Avenue
Denver
,
CO
80210
PC
Denver South Concession and Scorekeeper Stand
5,000
Elsewhere Studios
107 3rd St
Paonia
,
CO
81428
PC
Elsewhere Studios Artist Residency
5,000
Emergency Family Assistance Association
1575 Yarmouth Avenue
Boulder
,
CO
803040564
PC
JUMP program
5,000
Girls Incorporated of Metro Denver
1499 Julian St
Denver
,
CO
80204
PC
General Support
5,000
Hands of the Carpenter
16097 S Golden Road
Golden
,
CO
80401
PC
Good Neighbor Garage (GNG) program
5,000
Hope Communities
2543 California Street
Denver
,
CO
80205
PC
Job readiness and career training programs
5,000
Impact Finance Center CO Impact Days and Impact Investing Institute Com
1899 L Street NW Suite 850
Washington
,
DC
20036
PC
CO Impact Days 2019
5,000
Kempe Foundation for the Prevention and Treatment of Child Abuse and Neglec
13123 E 16th Ave B390 The Gary
Pavilion at Childrens Hospital Colo
Aurora
,
CO
80045
PC
General Support
5,000
Kidpower of Colorado Inc
10 Boulder Crescent Suite 100
Colorado Springs
,
CO
80903
PC
General Operating
5,000
Kids in Need of Dentistry KIND
2465 South Downing Street Suite 210
Denver
,
CO
80210
PC
Dental care for low-income children and some adults
5,000
Manna Soup Kitchen
1100 Avenida del Sol PO Box 1196
Durango
,
CO
81301
PC
Culinary Program
5,000
Outreach United Resource Center Inc
220 Collyer St
Longmont
,
CO
80501
PC
Culinary Arts Training Program
5,000
Parent Possible
800 Grant Street Suite 200
Denver
,
CO
80203
PC
General Support
5,000
Saint Francis Center
2323 Curtis Street
Denver
,
CO
80205
PC
Job Training Program
5,000
So All May Eat Inc (SAME Caf)
2023 E Colfax Avenue
Denver
,
CO
80206
PC
Cook to Work Program
5,000
The Delores Project
PO Box 1406
Denver
,
CO
80201
PC
Steps to Stability
5,000
There With Care
2401 South Colorado Blvd Suite A
Denver
,
CO
80222
PC
General Support
5,000
Urban Peak Denver
2100 Stout Street
Denver
,
CO
80205
PC
Peak Thrift Store Program Expenses
5,000
Women's Bean Project
3201 Curtis Street
Denver
,
CO
80205
PC
Transitional Employment Program
5,000
Yampa Valley Performing Arts Council
PO Box 770181
Steamboat Springs
,
CO
80477
PC
2019 Piknik Theatre Festival Productions
5,000
Broomfield Council on the Arts & Humanities
PO Box 681
Broomfield
,
CO
800380681
PC
General operating
2,500
Colorado Nonprofit Loan FundThe Denver Foundation
55 Madison St
Denver
,
CO
80206
PC
General Support
2,500
Green and Gold Foundation
101 University Blvd Suite 400
Denver
,
CO
80206
PC
General Support
2,500
WorkLife Partnership
99 Inca Street
Denver
,
CO
80223
PC
General Support
2,500
Total
.................................
3a
1,660,000
b
Approved for future payment
Total
.................................
3b
0
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
1,858,511
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
.....
14
21,167
8
Gain or (loss) from sales of assets other than
inventory
............
18
1,235,541
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
3,115,219
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
3,115,219
(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