-
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
12-01-2019
, and ending
11-30-2020
Name of foundation
Adolph Coors Foundation
Number and street (or P.O. box number if mail is not delivered to street address)
215 Saint Paul Street No 300
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Denver
,
CO
80206
A Employer identification number
51-0172279
B
Telephone number (see instructions)
(303) 388-1636
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)
$
215,369,338
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
6,375
6,375
4
Dividends and interest from securities
...
2,203,758
2,203,758
5a
Gross rents
............
1,329,011
1,329,011
b
Net rental income or (loss)
794,124
6a
Net gain or (loss) from sale of assets not on line 10
4,662,225
b
Gross sales price for all assets on line 6a
7
Capital gain net income (from Part IV, line 2)
...
4,662,225
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)
.......
1,653,712
1,653,712
12
Total.
Add lines 1 through 11
........
9,855,081
9,855,081
13
Compensation of officers, directors, trustees, etc.
300,000
60,000
240,000
14
Other employee salaries and wages
......
378,000
0
378,000
15
Pension plans, employee benefits
.......
233,354
9,987
223,367
16a
Legal fees (attach schedule)
.........
5,690
2,654
3,036
b
Accounting fees (attach schedule)
.......
35,094
11,110
23,984
c
Other professional fees (attach schedule)
....
332,505
283,893
48,612
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
393,415
347,248
167
19
Depreciation (attach schedule) and depletion
...
302,009
236,055
20
Occupancy
..............
219,246
167,833
51,413
21
Travel, conferences, and meetings
.......
4,097
0
4,097
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
118,056
19,806
98,250
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
2,321,466
1,138,586
1,070,926
25
Contributions, gifts, grants paid
.......
7,710,875
7,710,875
26
Total expenses and disbursements.
Add lines 24 and 25
10,032,341
1,138,586
8,781,801
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-177,260
b
Net investment income
(if negative, enter -0-)
8,716,495
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
.............
146,401
1,976,135
1,976,135
2
Savings and temporary cash investments
.........
60,984
816,273
816,273
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)
.......
99,118,160
102,066,000
134,277,866
c
Investments—corporate bonds (attach schedule)
.......
11
Investments—land, buildings, and equipment: basis
12,107,026
Less: accumulated depreciation (attach schedule)
1,520,129
10,822,952
10,586,897
15,063,306
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
52,989,065
47,565,348
60,309,981
14
Land, buildings, and equipment: basis
3,358,362
Less: accumulated depreciation (attach schedule)
432,585
2,976,208
2,925,777
2,925,777
15
Other assets (describe
)
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
166,113,770
165,936,430
215,369,338
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
)
65,299
65,219
23
Total liabilities
(add lines 17 through 22)
.........
65,299
65,219
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
166,048,471
165,871,211
29
Total net assets or fund balances
(see instructions)
.....
166,048,471
165,871,211
30
Total liabilities and net assets/fund balances
(see instructions)
.
166,113,770
165,936,430
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
166,048,471
2
Enter amount from Part I, line 27a
.....................
2
-177,260
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3
..........................
4
165,871,211
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
165,871,211
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
Northern Trust Managed Funds
b
Corsair IV Financial Services Capital Partners LP
P
c
Pilothouse Venture Fund VII, LLLP
P
d
SSGA Global Managed Volatility NL CTF
P
e
Global Special Opportunities fund I LLLP
P
AMGIC VC Direct LLLP
P
Siguler Guff Samll Buyout
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
2,185,149
b
196,274
c
382,469
d
1,413,140
e
21,051
426,577
37,565
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
2,185,149
b
196,274
c
382,469
d
1,413,140
e
21,051
426,577
37,565
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
4,662,225
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
10,447,038
192,677,466
0.054220
2017
8,732,561
194,642,099
0.044865
2016
8,460,058
182,848,563
0.046268
2015
9,139,848
170,009,726
0.053761
2014
6,236,180
170,194,197
0.036642
2
Total
of line 1, column (d)
.....................
2
0.235756
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
0.047151
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
195,309,933
5
Multiply line 4 by line 3
......................
5
9,209,059
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
87,165
7
Add lines 5 and 6
........................
7
9,296,224
8
Enter qualifying distributions from Part XII, line 4
,.............
8
8,797,324
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
174,330
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
174,330
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
174,330
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
111,887
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
111,887
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
13
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
62,456
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
Refunded
11
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign?
....................
1a
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition)
.................................
1b
No
If the answer is "Yes" to
1a
or
1b,
attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file
Form 1120-POL
for this year?
.....................
1c
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1)
On the foundation.
$
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
Yes
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.coorsfoundation.org
14
The books are in care of
The Organization
Telephone no.
(303) 388-1636
Located at
215 Saint Paul Street No 300
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
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
Carrie Coors Tynan
Exec Dir./Secretary
40.00
300,000
49,933
0
215 Saint Paul Street Suite 300
Denver
,
CO
80206
Peter H Coors
President & Chairman
1.00
0
0
0
215 Saint Paul Street Suite 300
Denver
,
CO
80206
Jeffrey H Coors
Treasurer
1.00
0
0
0
215 Saint Paul Street Suite 300
Denver
,
CO
80206
Melissa Coors Osborn
Vice Chair
1.00
0
0
0
215 Saint Paul Street Suite 300
Denver
,
CO
80206
Cecily Coors Garnsey
Vice Chair
1.00
0
0
0
215 Saint Paul Street Suite 300
Denver
,
CO
80206
Benjamin R Windsor
Assistant Treasurer
1.00
0
0
0
215 Saint Paul Street Suite 300
Denver
,
CO
80206
Carin Coors Bremer
Trustee
1.00
0
0
0
215 Saint Paul Street Suite 300
Denver
,
CO
80206
Christina Coors Williams
Trustee
1.00
0
0
0
215 Saint Paul Street Suite 300
Denver
,
CO
80206
Michael L Garnsey
Trustee
1.00
0
0
0
215 Saint Paul Street Suite 300
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
Carol S Strathman
Financial Manager
40.00
127,000
47,926
0
215 Saint Paul Street Suite 300
Denver
,
CO
80206
Cynthia M Kennedy
Admin Assistant
40.00
89,000
39,749
0
215 Saint Paul Street Suite 300
Denver
,
CO
80206
Alejandra Major
Program Officer
40.00
87,000
26,599
0
215 Saint Paul Street Suite 300
Denver
,
CO
80206
Elizabeth Losinski
Program Officer
40.00
75,000
26,636
0
215 Saint Paul Street Suite 300
Denver
,
CO
80206
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
Northern Trust
Investment Management
117,582
1401 Lawrence St Ste 1500
Denver
,
CO
80202
Ellwood Associates
Investment Advisor
111,311
5299 DTC Blvd Suite 810
Greenwood Village
,
CO
80111
Hoplin Jackson
Consultants
91,602
100 Fillmore Street Suite 500
Denver
,
CO
80206
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
180,820,309
b
Average of monthly cash balances
.......................
1b
2,400,581
c
Fair market value of all other assets (see instructions)
................
1c
15,063,306
d
Total
(add lines 1a, b, and c)
.........................
1d
198,284,196
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
198,284,196
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
2,974,263
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
195,309,933
6
Minimum investment return.
Enter 5% of line 5
..................
6
9,765,497
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
9,765,497
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
174,330
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
174,330
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
9,591,167
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
9,591,167
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
9,591,167
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
8,781,801
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
15,523
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
8,797,324
5
Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
income. Enter 1% of Part I, line 27b. See instructions
.................
5
0
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
8,797,324
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
9,591,167
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
8,284,050
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:
$
8,797,324
a
Applied to 2018, but not more than line 2a
8,284,050
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
.....
513,274
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
..........
9,077,893
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:
Ms Carrie Tynan Executive Director
215 Saint Paul Street Suite 300
Denver
,
CO
80206
(303) 388-1636
b
The form in which applications should be submitted and information and materials they should include:
The Foundation uses an online grant application process which can be accessed on the website at www.coorsfoundation.org. Information required with the application is detailed on the website but includes, among other items, tax exemption letter and tax identification number, most current financial statements, board list, list of major funders, program purpose and budget.
c
Any submission deadlines:
There are three submission deadlines during the year - March 1st, July 1st and November 1st.
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
The Foundation has listed on its website the types of activities/programs for which it will not make a grant.
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
3Hopeful Hearts
712 Whalers Way A201
Fort Collins
,
CO
80525
Public Charity
general operating
10,000
Activate Work Inc
1580 Logan Street Suite 740
Denver
,
CO
80203
Public Charity
program-specific
250,000
Alpine Achievers Initiative
PO Box 399
Saguache
,
CO
81149
Public Charity
general operating
10,000
American Council of Trustees and Alumni
1730 M Street NW Suite 600
Washington
,
DC
20036
Public Charity
general operating
30,000
American Enterprise Institute
1789 Massachusetts Avenue NW
Washington
,
DC
20036
Public Charity
general operating
175,000
American Indian College Fund
8333 Greenwood Boulevard
Denver
,
CO
80221
Public Charity
program-specific
48,200
American Legion Colorado Boys State
7465 E 1st Avenue Suite D
Denver
,
CO
80230
Public Charity
general operating
12,500
American Legislative Exchange Council
2900 Crystal Drive Suite 600
Arlington
,
VA
22202
Public Charity
general operating
75,000
Andy Zanca Youth Empowerment Program (AZYEP) The
PO Box 1945
CARBONDALE
,
CO
81623
Public Charity
general operating
5,000
Aspen Youth Center
PO Box 8266
Aspen
,
CO
81612
Public Charity
general operating
10,000
Badger Institute
700 W Virginia St Suite 301
Milwaukee
,
WI
53204
Public Charity
general operating
25,000
Beacon Center of Tennessee
PO Box 198646
Nashville
,
TN
37219
Public Charity
general operating
40,000
The Becket Fund for Religious Liberty
1919 Pennsylvania Avenue NW 400
Washington
,
DC
20006
Public Charity
general operating
125,000
Belay Enterprises
13280 E Mississippi
Aurora
,
CO
80012
Public Charity
general operating
25,000
Bent County Las Animas Community Activity Center Inc
1214 Ambassador Thompson Blvd
Las Animas
,
CO
81054
Public Charity
general operating
5,000
Big Brothers Big Sisters of Colorado
750 W Hampden Avenue Suite 450
Englewood
,
CO
80110
Public Charity
general operating
30,000
Big Idea Project
PO Box 581
Littleton
,
CO
80160
Public Charity
general operating
100,000
BookTrails
68 9th Street
Steamboat Springs
,
CO
80487
Public Charity
general operating
7,000
Boston Children's Hospital
300 Longwood Avenue
Boston
,
MA
02215
Public Charity
program-specific
250,000
Boy Scouts of America Denver Area Council
10455 West 6th Ave Suite 100
Denver
,
CO
80215
Public Charity
general operating
75,000
Boys and Girls Club of Fremont County Inc
129 N 4th St
CANON CITY
,
CO
81212
Public Charity
general operating
15,000
Boys and Girls Club of La Plata County
2750 Main Avenue
Durango
,
CO
81301
Public Charity
general operating
15,000
Boys and Girls Clubs of Larimer County
103 Smokey Street
Fort Collins
,
CO
80525
Public Charity
general operating
10,000
Boys and Girls Clubs of Northwest Colorado
PO Box 1251
Craig
,
CO
81626
Public Charity
general operating
20,000
Boys and Girls Clubs of Weld County Inc
PO Box 812
Greeley
,
CO
80632
Public Charity
general operating
10,000
Bridge House
5345 Arapahoe Ave Unit 5
Boulder
,
CO
80303
Public Charity
capital
200,000
Bridge House
5345 Arapahoe Ave Unit 5
Boulder
,
CO
80303
Public Charity
general operating
25,000
Canon Literacy Center
PO Box 1793
Canon City
,
CO
81215
Public Charity
general operating
5,000
Cardinal Institute for West Virginia Policy
PO Box 11495
Charleston
,
WV
25339
Public Charity
general operating
20,000
Cato Institute
1000 Massachusetts Ave NW
Washington
,
DC
20001
Public Charity
general operating
75,000
Center for American Liberty
Montgomery Street
San Francisco
,
CA
97814
Public Charity
general operating
400,000
Center for Individual Rights
1100 Connecticut Ave NW Ste 625
Washington
,
DC
20036
Public Charity
general operating
30,000
Center Viking Youth Club
PO Box 883
Center
,
CO
81125
Public Charity
general operating
5,000
Children's Literacy Center
2928 Straus Lane Suite 100
Colorado Springs
,
CO
80907
Public Charity
program-specific
48,000
Children's Literacy Center
2928 Straus Lane Suite 100
Colorado Springs
,
CO
80907
Public Charity
program-specific
48,000
Children's Literacy Center
2928 Straus Lane Suite 100
Colorado Springs
,
CO
80907
Public Charity
general operating
5,000
Colorado Council on Economic Education
1355 South Colorado Boulevard Suite
506
Denver
,
CO
80222
Public Charity
general operating
35,000
Colorado Robotics Excelling at Science and Technology Inc
501 South Cherry Street Suite 1100
Denver
,
CO
80246
Public Charity
general operating
10,000
Colorado School of Mines Foundation
PO Box 4005
Golden
,
CO
80402
Public Charity
program-specific
170,650
Colorado School of Mines Foundation
PO Box 4005
Golden
,
CO
80402
Public Charity
program-specific
86,000
Colorado School of Mines Foundation
PO Box 4005
Golden
,
CO
80402
Public Charity
program-specific
75,000
Colorado Succeeds
1390 Lawrence Street Suite 200
Denver
,
CO
80204
Public Charity
general operating
150,000
Colorado UpLift
400 West 48th Avenue Suite 250
Denver
,
CO
80216
Public Charity
general operating
40,000
Community Resource Center (CRC)
789 Sherman Street Suite 210
Denver
,
CO
80203
Public Charity
general operating
10,000
Congressional Medal of Honor Society
40 Patriots Point Road
Mt Pleasant
,
SC
29464
Public Charity
general operating
30,000
Daily Caller News Foundation
1920 L St NW Suite 205
Washington
,
DC
20036
Public Charity
general operating
20,000
David Horowitz Freedom Center
14724 Ventura Blvd Suite 820
Sherman Oaks
,
CA
91403
Public Charity
general operating
45,000
Defy Ventures Colorado
1644 Platte Street Suite 400
Denver
,
CO
80202
Public Charity
general operating
15,000
Delta Montrose Youth Services Inc
315 South 7th Street
Montrose
,
CO
81401
Public Charity
general operating
15,000
Denver K-Life
5910 South University Blvd C-18 Ste
201
Greenwood Village
,
CO
80121
Public Charity
general operating
10,000
DonorsTrust
1800 Diagonal Road Suite 280
Alexandria
,
VA
22314
Public Charity
general operating
5,620
Draper Kaplan Richards
1600 El Camino Real Suite 155
Menlo Park
,
CA
94025
Public Charity
general operating
200,000
DreamSpring
2000 Zearing Ave NW
Albuquerque
,
NM
87104
Public Charity
program-specific
15,000
Dress for Success Denver
2425 S Colorado Blvd 200
Denver
,
CO
80222
Public Charity
general operating
15,000
East Grand School District
PO Box 125
Granby
,
CO
80446
Public Charity
general operating
50,000
Emergent Order Foundation
4450 Frontier Trail
Austin
,
TX
78745
Public Charity
program-specific
250,000
Ethics and Public Policy Center
1730 M Street NW Suite 910
Washington
,
CO
20036
Public Charity
general operating
75,000
Family Resource Center
120 Main St
Sterling
,
CO
80751
Public Charity
general operating
10,000
The Federalist Society for Law and Public Policy Studies
1776 I Street NW
Washington
,
DC
20006
Public Charity
general operating
75,000
First Liberty Institute
2001 W Plano Parkway Suite 1600
Plano
,
TX
75075
Public Charity
general operating
30,000
Freedoms Foundation at Valley Forge
1601 Valley Forge Road PO Box 67
Valley Forge
,
VA
19481
Public Charity
general operating
50,000
Friends of Lamar HOPE Center
210 W Pearl St
Lamar
,
CO
81052
Public Charity
general operating
2,500
Galen Institute Inc
PO Box 130
Paeonian Springs
,
VA
20129
Public Charity
general operating
20,000
Generation Justice
3900 East Camelback Road 300
Phoenix
,
AZ
85018
Public Charity
program-specific
25,000
Generation Justice
3900 East Camelback Road 300
Phoenix
,
AZ
85018
Public Charity
general operating
250,000
Georgia Center for Opportunity
333 Research Court Suite 210
Peachtree Corners
,
GA
30092
Public Charity
program-specific
200,000
Georgia Public Policy Foundation
3200 Cobb Galleria Parkway Suite
214
Atlanta
,
GA
30339
Public Charity
general operating
20,000
Girls Incorporated of Metro Denver
1499 Julian Street
Denver
,
CO
80204
Public Charity
general operating
10,000
Girls Incorporated of Metro Denver
1499 Julian Street
Denver
,
CO
80204
Public Charity
general operating
30,000
Gold Crown Foundation
1743 Wazee Street Suite 300
Denver
,
CO
80202
Public Charity
general operating
10,000
Gold Crown Foundation
1743 Wazee Street Suite 300
Denver
,
CO
80202
Public Charity
program-specific
10,000
Goldwater Institute
500 E Coronado Road
Phoenx
,
AZ
85004
Public Charity
general operating
60,000
Grassroot Institute of Hawaii
1314 So King Street Suite 1163
Honolulu
,
HI
96814
Public Charity
general operating
25,000
Greenhouse Scholars
1820 Folsom Street
Boulder
,
CO
80302
Public Charity
general operating
10,000
Hands of The Carpenter
16097 S Golden Road
Golden
,
CO
80401
Public Charity
general operating
10,000
Hands of The Carpenter
16097 S Golden Road
Golden
,
CO
80401
Public Charity
general operating
20,000
Heart and Hand Center for Youth and their Families
2736 Welton Street Suite 204
Denver
,
CO
80205
Public Charity
general operating
10,000
Heart and Hand Center for Youth and their Families
2736 Welton Street Suite 204
Denver
,
CO
80205
Public Charity
general operating
15,000
Help the Needy
PO Box 644
Woodland Park
,
CO
80866
Public Charity
general operating
10,000
High Valley Community Center Inc
595 Grand Avenue
Del Norte
,
CO
81132
Public Charity
general operating
10,000
Hillsdale College
33 East College
Hillsdale
,
MI
49242
Public Charity
program-specific
195,250
Hope House Colorado
6475 A Benton Street
Arvada
,
CO
80003
Public Charity
general operating
20,000
Hope House Colorado
6475 A Benton Street
Arvada
,
CO
80003
Public Charity
general operating
10,000
Horizons at Colorado Academy
3800 South Pierce Street
Denver
,
CO
80235
Public Charity
general operating
10,000
Independence Institute
727 E 16th Avenue
Denver
,
CO
80203
Public Charity
program-specific
2,555
Independence Institute
727 E 16th Avenue
Denver
,
CO
80203
Public Charity
general operating
75,000
Institute for Energy Research
1155 15th Street NW Suite 900
Washington
,
DC
20005
Public Charity
general operating
50,000
Institute for Justice
901 North Glebe Road Suite 900
Arlington
,
VA
22203
Public Charity
general operating
70,000
Institute for Policy Innovation
1320 Greenway Drive Suite 820
Irving
,
TX
75038
Public Charity
general operating
15,000
Institute on Religion and Public Life
9 East 40th Street 10th Floor
New York
,
NY
10016
Public Charity
general operating
25,000
Junior Achievement-Rocky Mountain Inc
1445 Market Street Suite 200
Denver
,
CO
80202
Public Charity
general operating
50,000
Kids Pasta Project
395 Clark Avenue
Paonia
,
CO
81428
Public Charity
general operating
3,000
Larimer County Partners Inc
530 South College Avenue Unit 1
Fort Collins
,
CO
80524
Public Charity
general operating
20,000
Life Choices Pregnancy Center
20 West Mountain View Avenue
Longmont
,
CO
80501
Public Charity
general operating
10,000
Lincoln Network
2443 FILLMORE ST 380-3386
SAN FRANCISCO
,
CA
94115
Public Charity
general operating
25,000
Mackinac Center for Public Policy
PO Box 568
Midland
,
MI
48640
Public Charity
general operating
35,000
Manna - The Durango Soup Kitchen
PO Box 1196
Durango
,
CO
81302
Public Charity
general operating
10,000
Mile High Workshop
13280 E Mississippi Avenue
Aurora
,
CO
80012
Public Charity
general operating
10,000
Mile High Workshop
13280 E Mississippi Avenue
Aurora
,
CO
80012
Public Charity
general operating
10,000
Mt Carmel Veterans Service Center
PO Box 85
Colorado Springs
,
CO
80901
Public Charity
general operating
100,000
National Association of Scholars
420 Madison Ave 7th Floor
New York
,
NY
10017
Public Charity
general operating
50,000
The National Catholic Bioethics Center
6399 Drexel Road
Philadelphia
,
PA
19151
Public Charity
general operating
20,000
Pacific Legal Foundation
930 G Street
Sacramento
,
CA
95814
Public Charity
general operating
90,000
Pagosa Crisis Pregnancy Center Inc
PO Box 5437
Pagosa Springs
,
CO
81147
Public Charity
general operating
7,500
Partners in Housing
455 Gold Pass Heights
Colorado Springs
,
CO
80906
Public Charity
program-specific
30,000
Peak Education
1645 S Murray Blvd
Colorado Springs
,
CO
80916
Public Charity
general operating
10,000
Philanthropy Colorado
600 South Cherry Street Suite 1200
Denver
,
CO
80246
Public Charity
program-specific
4,500
The Philanthropy Roundtable
1120 20th Street NW Suite 550 South
Washington
,
DC
20036
Public Charity
general operating
75,000
Prager University Foundation
15021 Ventura Blvd 552
Sherman Oaks
,
CA
91403
Public Charity
general operating
25,000
Property and Environment Research Center
2048 Analysis Drive Suite A
Bozeman
,
MT
59718
Public Charity
general operating
50,000
Providence Network
801 Logan Street
Denver
,
CO
80203
Public Charity
general operating
25,000
Reaching Out to Community and Kids
PO Box 364
Dove Creek
,
CO
81324
Public Charity
general operating
10,000
Reading Partners
1600 Downing St Suite 700
Denver
,
CO
80218
Public Charity
general operating
10,000
Restoration Project
155 W Harvard Street Suite 401
Fort Collins
,
CO
80525
Public Charity
general operating
10,000
Rio Grande Foundation
PO Box 40336
Albuquerque
,
NM
87196
Public Charity
general operating
10,000
Rocky Mountain MicroFinance Institute
PO Box 48138
Denver
,
CO
80204
Public Charity
general operating
20,000
Save Our Youth
3443 W 23rd Ave
Denver
,
CO
80211
Public Charity
general operating
60,000
Save Our Youth
3443 W 23rd Ave
Denver
,
CO
80211
Public Charity
general operating
10,000
SCL HealthLutheran Medical Center Foundation
8300 West 38th Avenue
Wheat Ridge
,
CO
80033
Public Charity
program-specific
10,000
Seeds of Hope Charitable Trust
1300 S Steele Street
Denver
,
CO
80210
Public Charity
general operating
10,000
State Policy Network
1655 North Fort Myer Drive Suite
360
Arlington
,
VA
22209
Public Charity
general operating
80,000
State Policy Network
1655 North Fort Myer Drive Suite
360
Arlington
,
VA
22209
Public Charity
program-specific
150,000
Step Denver
2029 Larimer Street
Denver
,
CO
80205
Public Charity
general operating
10,000
Step Denver
2029 Larimer Street
Denver
,
CO
80205
Public Charity
program-specific
20,000
Student Free Press Association
PO Box 76
Hillsdale
,
MI
49242
Public Charity
general operating
20,000
Susan Samueli Center for Integrative Medicine - UC Irvine
1111 Hewitt Hall
Irvine
,
CA
92697
Public Charity
program-specific
360,000
Team Rubicon
6171 W Century Blvd Suite 310
Los Angeles
,
CA
90045
Public Charity
program-specific
50,000
Team Rubicon
6171 W Century Blvd Suite 310
Los Angeles
,
CA
90045
Public Charity
general operating
100,000
Team Rubicon
6171 W Century Blvd Suite 310
Los Angeles
,
CA
90045
Public Charity
general operating
25,000
Texas Public Policy Foundation
901 Congress Avenue
Austin
,
TX
78701
Public Charity
general operating
50,000
The Acton Institute
98 East Fulton Street
Grand Rapids
,
MI
49503
Public Charity
general operating
25,000
The American Studies Center
1100 N Glebe Road Suite 900
Arlington
,
VA
22201
Public Charity
general operating
50,000
The Heritage Foundation
214 Massachusetts Ave NE
Washington
,
DC
20002
Public Charity
general operating
75,000
The James Madison Institute
100 N Duval Street
Tallahassee
,
FL
32301
Public Charity
general operating
25,000
The Steamboat Institute
P O Box 883037
Steamboat Springs
,
CO
80488
Public Charity
general operating
20,000
Think Freely Media
190 S LaSalle Street Suite 1500
Chicago
,
IL
60603
Public Charity
general operating
15,000
Thomas Jefferson University Hospital
925 Chestnut Street Suite 120
Philadelphia
,
PA
19107
Public Charity
program-specific
243,100
True North Youth Program
PO Box 2072
Telluride
,
CO
81435
Public Charity
general operating
5,000
University of Northern Colorado Foundation
University of Northern Colorado
Campus Box 11
Greeley
,
CO
80639
Public Charity
general operating
31,500
Washington Policy Center
PO Box 3643
Seattle
,
WA
98124
Public Charity
general operating
30,000
Western Stock Show Association
4655 Humboldt Street
Denver
,
CO
80216
Public Charity
capital
500,000
Westernaires Inc
15200 W 6th Ave
Golden
,
CO
80401
Public Charity
general operating
20,000
Women's Bean Project
3201 Curtis St
Denver
,
CO
80205
Public Charity
general operating
10,000
Work Options for Women
1200 Federal Blvd
Denver
,
CO
80204
Public Charity
general operating
10,000
Young Americans Center for Financial Education
3550 East First Avenue
Denver
,
CO
80206
Public Charity
general operating
30,000
Total
.................................
3a
7,710,875
b
Approved for future payment
Activate Work Inc
1580 Logan Street Suite 740
Denver
,
CO
80203
Public Charity
conditional
250,000
Boston Children's Hospital
300 Longwood Avenue
Boston
,
MA
02215
Public Charity
conditional
750,000
Bridge House
5345 Arapahoe Ave Unit 5
Boulder
,
CO
80303
Public Charity
conditional
200,000
Center for American Liberty
Montgomery Street
San Francisco
,
CA
97814
Public Charity
conditional
500,000
Children's Literacy Center
2928 Straus Lane Suite 100
Colorado Springs
,
CO
80907
Public Charity
conditional
96,000
Colorado Nonprofit Development Center
789 Sherman St
Denver
,
CO
80203
Public Charity
Smart Colorado
25,000
Colorado Succeeds
1390 Lawrence Street Suite 200
Denver
,
CO
80204
Public Charity
conditional
225,000
Emergent Order Foundation
4450 Frontier Trail
Austin
,
TX
78745
Public Charity
conditional
750,000
Georgia Center for Opportunity
333 Research Court Suite 210
Peachtree Corners
,
GA
30092
Public Charity
conditional
100,000
Susan Samueli Center for Integrative Medicine - UC Irvine
1111 Hewitt Hall
Irvine
,
CA
92697
Public Charity
conditional
990,000
Thomas Jefferson University Hospital
925 Chestnut Street Suite 120
Philadelphia
,
PA
19107
Public Charity
conditional
486,200
Western Stock Show Association
4655 Humboldt Street
Denver
,
CO
80216
Public Charity
challenge
1,000,000
Total
.................................
3b
5,372,200
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
...........
14
6,375
4
Dividends and interest from securities
....
14
2,203,758
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
16
794,124
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
14
1,653,712
8
Gain or (loss) from sales of assets other than
inventory
............
18
4,662,225
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
9,320,194
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
9,320,194
(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