Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
LARRK Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)1001 17th Street No 1050
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Denver, CO80202
A Employer identification number

26-3818473
B Telephone number (see instructions)

(303) 884-0908
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$15,982,489J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 432,835 432,424  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 216,864
b Gross sales price for all assets on line 6a 9,385,614
7 Capital gain net income (from Part IV, line 2)... 216,864
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 649,699 649,288  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 141,728 7,086   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 37,085 1,854   0
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 13,910 0   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 22,919 6,182   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 506 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 123 0   0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 98,674 81,489   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 314,945 96,611   0
25 Contributions, gifts, grants paid....... 1,813,740 1,813,740
26 Total expenses and disbursements. Add lines 24 and 25 2,128,685 96,611   1,813,740
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,478,986
b Net investment income (if negative, enter -0-) 552,677
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 40,569 29,358 29,358
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 8,414,248 Click to see attachment8,742,180 8,742,180
c Investments—corporate bonds (attach schedule)....... 3,981,095 Click to see attachment4,026,756 4,026,756
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,427,429 Click to see attachment3,180,484 3,180,484
14 Land, buildings, and equipment: basis bullet29,320
Less: accumulated depreciation (attach schedule) bullet29,051 775 Click to see attachment269 269
15 Other assets (describe bullet) Click to see attachment3,442 Click to see attachment3,442 Click to see attachment3,442
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,867,558 15,982,489 15,982,489
Liabilities 17 Accounts payable and accrued expenses.......... 3,541 3,370
18 Grants payable................. 1,470,000 2,405,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 1,473,541 2,408,370
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
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 bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 14,394,017 13,574,119
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 14,394,017 13,574,119
30 Total liabilities and net assets/fund balances (see instructions). 15,867,558 15,982,489
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
14,394,017
2
Enter amount from Part I, line 27a .....................
2
-1,478,986
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
659,088
4
Add lines 1, 2, and 3 ..........................
4
13,574,119
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
13,574,119
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 500000 HOUSTON TEXAS (CITY OF) P 2020-03-19 2020-03-23
b 500000 MONTGOMERY CNTY P 2020-03-24 2020-05-01
c 500000 WELLS FARGO & COMPANY P 2020-02-27 2020-07-22
d 400000 BANK OF AMERICA CORP P 2020-08-31 2020-10-01
e 395000 FL HURRICANE-SER A-PRERF P 2020-03-30 2020-07-01
365000 BARCLAYS BANK PLC CCP P 2020-02-20 2020-04-21
350000 DANSKE BANK A/S P 2018-09-07 2020-03-02
300000 TORONTO DOMINION BANK NY P 2019-12-30 2020-03-18
300000 MASS EDUCATIONAL FIN AUT P 2020-06-03 2020-06-18
300000 MASS EDUCATIONAL FIN AUT P 2020-04-29 2020-06-03
300000 US BANK NA CINCINNATI P 2020-03-10 2020-05-21
3158 VANGUARD TOTAL BOND MARKET P 2016-06-29 2020-04-14
250000 HOWARD UNIVERSITY P 2020-01-31 2020-12-18
250000 QUALCOMM INC P 2020-03-23 2020-05-20
250000 MARSH & MCLENNAN COS INC P 2020-08-19 2020-12-29
250000 HUNTINGTON NATIONAL BANK P 2020-04-29 2020-07-20
10000 SOUTHERN CO P 2020-09-28 2020-10-20
240000 CLEVELAND OH ARPT SYS P 2019-09-18 2020-01-02
200000 HOWARD UNIVERSITY P 2020-08-18 2020-12-18
175000 ARKANSAS RIVER PWR P 2018-06-21 2020-10-01
150000 MORGAN STANLEY P 2018-10-09 2020-01-27
150000 MORGAN STANLEY P 2019-12-03 2020-01-27
150000 BANK OF MONTREAL CHICAGO P 2020-10-02 2020-11-02
140000 MIZUHO BANK LTD/NY P 2019-11-27 2020-01-31
794 ISHARES RUSSELL 1000 GRW ETF P 2014-08-15 2020-04-14
1043.816 FIDELITY 500 INDEX-INST PRM P 2018-02-16 2020-01-21
4000 US BANCORP USB M P 2019-06-04 2020-01-02
100000 HOWARD UNIVERSITY P 2020-07-07 2020-12-18
729.269 FIDELITY 500 INDEX-INST PRM P 2018-02-16 2020-03-06
896 VANGUARD SHORT TERM BND P 2016-06-29 2020-04-14
662.232 FIDELITY 500 INDEX-INST PRM P 2018-02-16 2020-05-06
501 ISHARES MSCI USA QUALITY FACTOR ETF P 2020-05-06 2020-12-17
4961.441 SIX CIRCLE MGD EQ US UNCON P 2019-04-26 2020-01-21
4364.265 SIX CIRCLE MGD EQ US UNCON P 2019-04-26 2020-03-06
355.354 FIDELITY 500 INDEX-INST PRM P 2018-03-07 2020-11-25
1700 BANK OF AMERICA CORP - BAC C P 2016-01-21 2020-12-02
2971.974 SIX CIRCLE MGD EQ US UNCON P 2019-04-26 2020-11-25
3802.744 SIX CIRCLE MGD EQ INTL UNCON P 2019-04-26 2020-11-25
308.024 FIDELITY 500 INDEX-INST PRM P 2020-04-08 2020-11-25
1400 CITIGROUP INC - C S P 2016-01-27 2020-08-26
1300 CAPITAL ONE FINANCIAL CO-COF F P 2015-08-18 2020-08-19
199 ISHARES RUSSELL 1000 GRW ETF P 2013-11-08 2020-04-14
941.41 FIDELITY INTL INDX-INST PRM P 2018-09-18 2020-04-15
2954.709 SIX CIRCLE MGD EQ INTL UNCON P 2019-11-26 2020-01-21
250.948 FIDELITY 500 INDEX-INST PRM P 2018-02-16 2020-07-28
2577.593 SIX CIRCLE MGD EQ US UNCON P 2019-04-26 2020-05-11
231.248 FIDELITY 500 INDEX-INST PRM P 2018-03-07 2020-08-14
2260.084 SIX CIRCLE MGD EQ US UNCON P 2019-04-26 2020-07-28
1000 GOLDMAN SACHS GROUP IN - GS N P 2016-02-17 2020-08-10
221.077 FIDELITY 500 INDEX-INST PRM P 2018-03-07 2020-07-28
2617.391 SIX CIRCLE MGD EQ INTL UNCON P 2019-04-26 2020-03-06
452 ISHARES CORE MSCI EAFE ETF P 2017-07-07 2020-04-14
900 AMERICAN EQUITY INVESTME P 2019-11-15 2020-10-20
188.045 FIDELITY 500 INDEX-INST PRM P 2018-03-07 2020-09-29
615 ISHARES CORE DIVIDEND GROWTH P 2018-02-20 2020-04-08
201.833 FIDELITY 500 INDEX-INST PRM P 2018-02-16 2020-06-12
539.399 FIDELITY INTL INDX-INST PRM P 2018-09-18 2020-06-05
2201.361 SIX CIRCLE MGD EQ INTL UNCON P 2019-04-26 2020-07-28
800 CITIGROUP INC - C S P 2016-01-27 2020-08-19
800 CITIGROUP INC - C S P 2016-01-27 2020-08-27
800 BANK OF AMERICA CORP - BAC C P 2016-01-21 2020-12-03
192.429 FIDELITY 500 INDEX-INST PRM P 2018-02-16 2020-05-27
450.38 FIDELITY INTL INDX-INST PRM P 2018-10-30 2020-11-25
742 CAPITAL ONE FINANCIAL CO-COF F P 2016-12-20 2020-08-26
525 ISHARES CORE DIVIDEND GROWTH P 2018-03-07 2020-05-06
454 ISHARES MSCI EAFE VALUE ETF P 2020-06-05 2020-09-29
519 ISHARES CORE DIVIDEND GROWTH P 2018-03-19 2020-04-08
510 ISHARES CORE DIVIDEND GROWTH P 2018-02-23 2020-04-08
358 ISHARES CORE MSCI EMERGING P 2020-04-15 2020-06-12
1297.702 SIX CIRCLE MGD EQ US UNCON P 2019-04-26 2020-08-14
604 JPMORGAN BETABUILDERS JAPAN ETF P 2019-04-26 2020-11-25
269 INDUSTRIAL SELECT SECT SPDR P 2020-03-10 2020-04-15
571 FINANCIAL SELECT SECTOR SPDR P 2020-09-29 2020-11-25
414.681 FIDELITY INTL INDX-INST PRM P 2018-09-18 2020-03-06
387 ISHARES MSCI EAFE VALUE ETF P 2020-06-12 2020-10-21
301 ISHARES CORE MSCI EAFE ETF P 2019-12-31 2020-04-14
600 GOLDMAN SACHS GROUP IN - GS N P 2016-02-17 2020-08-12
348.429 FIDELITY INTL INDX-INST PRM P 2018-09-18 2020-01-21
138.294 FIDELITY 500 INDEX-INST PRM P 2018-02-16 2020-06-23
600 AMERICAN EQUITY INVESTME P 2019-11-15 2020-10-23
134.005 FIDELITY 500 INDEX-INST PRM P 2018-02-16 2020-06-05
654 JPM BTABLDRS DEV ASIA X-JPN P 2019-04-26 2020-03-10
669 JPMORGAN BETABUILDERS EUROPE ETF P 2019-04-26 2020-03-10
540 AMERICAN EQUITY INVESTME P 2019-11-15 2020-10-20
500 BANK OF AMERICA CORP - BAC C P 2016-01-21 2020-06-08
500 CAPITAL ONE FINANCIAL CO-COF F P 2015-08-18 2020-08-18
500 CAPITAL ONE FINANCIAL CO-COF F P 2016-12-20 2020-08-21
1370.452 SIX CIRCLE MGD EQ INTL UNCON P 2019-04-26 2020-06-23
460 AMERICAN EQUITY INVESTME P 2019-11-15 2020-10-20
263 ISHARES MSCI EAFE VALUE ETF P 2020-06-05 2020-10-21
400 GOLDMAN SACHS GROUP IN - GS N P 2016-02-17 2020-08-11
798.238 SIX CIRCLE MGD EQ US UNCON P 2019-04-26 2020-10-21
86.324 FIDELITY 500 INDEX-INST PRM P 2018-03-07 2020-10-21
232 ISHARES CORE DIVIDEND GROWTH P 2018-02-20 2020-01-21
226.007 FIDELITY INTL INDX-INST PRM P 2020-01-15 2020-01-21
162 ISHARES CORE MSCI EMERGING P 2020-10-21 2020-11-25
235.86 FIDELITY INTL INDX-INST PRM P 2018-10-30 2020-07-28
474 JPM BTABLDRS DEV ASIA X-JPN P 2019-04-26 2020-04-15
347 JPMORGAN BETABUILDERS CANADA P 2018-10-30 2020-01-21
826.396 SIX CIRCLE MGD EQ US UNCON P 2019-04-26 2020-05-27
102 VANGUARD TOTAL BOND MARKET P 2017-11-13 2020-04-14
335 JPM BTABLDRS DEV ASIA X-JPN P 2019-04-26 2020-01-21
350 AMERICAN EQUITY INVESTME P 2019-11-15 2020-10-22
163 ISHARES CORE MSCI EAFE ETF P 2019-04-05 2020-04-14
156 ISHARES CORE MSCI EAFE ETF P 2018-04-06 2020-04-14
68.098 FIDELITY 500 INDEX-INST PRM P 2018-03-07 2020-08-20
300 CAPITAL ONE FINANCIAL CO-COF F P 2016-12-20 2020-08-20
385 JPM BTABLDRS DEV ASIA X-JPN P 2019-04-26 2020-04-15
300 AMERICAN EQUITY INVESTME P 2019-11-15 2020-10-21
614.981 SIX CIRCLE MGD EQ US UNCON P 2019-04-26 2020-07-27
676.395 SIX CIRCLE MGD EQ INTL UNCON P 2020-01-15 2020-01-21
61 ISHARES MSCI USA QUALITY FACTOR ETF P 2020-05-06 2020-11-25
699.06 SIX CIRCLE MGD EQ INTL UNCON P 2019-04-26 2020-07-27
162 ISHARES CORE DIVIDEND GROWTH P 2018-02-20 2020-03-06
242 JPMORGAN BETABUILDERS JAPAN ETF P 2020-01-15 2020-01-21
450.078 SIX CIRCLE MGD EQ US UNCON P 2019-04-26 2020-08-20
119 ISHARES CORE MSCI EMERGING P 2020-04-15 2020-06-12
56 ISHARES MSCI USA QUALITY FACTOR ETF P 2020-05-06 2020-07-28
129 ISHARES MSCI EAFE VALUE ETF P 2020-06-12 2020-10-21
246 JPMORGAN BETABUILDERS EUROPE ETF P 2019-04-26 2020-03-10
200 CAPITAL ONE FINANCIAL CO-COF F P 2015-08-18 2020-08-20
124 ISHARES MSCI EAFE VALUE ETF P 2020-06-05 2020-10-21
192 JPM BTABLDRS DEV ASIA X-JPN P 2019-04-26 2020-11-25
220 JPMORGAN BETABUILDERS JAPAN ETF P 2019-04-26 2020-05-27
195 JPMORGAN BETABUILDERS EUROPE ETF P 2019-04-26 2020-01-21
191 JPMORGAN BETABUILDERS CANADA P 2018-10-30 2020-11-25
225 JPM BTABLDRS DEV ASIA X-JPN P 2019-04-26 2020-03-10
211 JPMORGAN BETABUILDERS JAPAN ETF P 2019-04-26 2020-07-28
206 JPMORGAN BETABUILDERS CANADA P 2018-10-30 2020-03-06
181 JPMORGAN BETABUILDERS JAPAN ETF P 2019-04-26 2020-01-21
50 INDUSTRIAL SELECT SECT SPDR P 2020-03-10 2020-11-25
200 JPMORGAN BETABUILDERS JAPAN ETF P 2019-04-26 2020-03-06
372.806 SIX CIRCLE MGD EQ US UNCON P 2019-04-26 2020-06-23
36.694 FIDELITY 500 INDEX-INST PRM P 2020-01-15 2020-01-21
370.313 SIX CIRCLE MGD EQ US UNCON P 2020-01-15 2020-01-21
397.094 SIX CIRCLE MGD EQ INTL UNCON P 2019-04-26 2020-08-20
354.417 SIX CIRCLE MGD EQ INTL UNCON P 2019-04-26 2020-01-21
141 FINANCIAL SELECT SECTOR SPDR P 2020-04-15 2020-07-28
80 ISHARES MSCI EAFE VALUE ETF P 2020-06-05 2020-07-28
122 JPMORGAN BETABUILDERS JAPAN ETF P 2019-04-26 2020-10-21
81.647 FIDELITY INTL INDX-INST PRM P 2018-09-18 2020-05-27
123 JPM BTABLDRS DEV ASIA X-JPN P 2019-04-26 2020-07-28
68 ISHARES MSCI EAFE VALUE ETF P 2020-06-05 2020-10-21
52 ISHARES CORE MSCI EMERGING P 2020-04-15 2020-07-28
88 ISHARES MSCI CANADA ETF P 2018-02-20 2020-11-25
36 INDUSTRIAL SELECT SECT SPDR P 2020-03-10 2020-07-28
84 ISHARES MSCI CANADA ETF P 2018-02-20 2020-08-14
100 JPM BTABLDRS DEV ASIA X-JPN P 2019-04-26 2020-03-06
54.68 FIDELITY INTL INDX-INST PRM P 2018-10-30 2020-06-23
53.781 FIDELITY INTL INDX-INST PRM P 2018-10-30 2020-06-05
82 FINANCIAL SELECT SECTOR SPDR P 2020-09-29 2020-10-21
85 JPM BTABLDRS DEV ASIA X-JPN P 2019-04-26 2020-10-21
19 ISHARES MSCI USA QUALITY FACTOR ETF P 2020-05-06 2020-08-14
18 ISHARES MSCI USA QUALITY FACTOR ETF P 2020-05-06 2020-10-21
39.338 FIDELITY INTL INDX-INST PRM P 2018-10-30 2020-08-14
62 JPMORGAN BETABUILDERS CANADA P 2018-10-30 2020-08-14
63 JPMORGAN BETABUILDERS EUROPE ETF P 2019-04-26 2020-03-06
56 FINANCIAL SELECT SECTOR SPDR P 2020-04-15 2020-08-14
16 INDUSTRIAL SELECT SECT SPDR P 2020-03-10 2020-08-14
51 JPMORGAN BETABUILDERS JAPAN ETF P 2019-04-26 2020-08-14
9 ISHARES RUSSELL MIDCAP G ETF P 2013-11-08 2020-04-14
108.588 SIX CIRCLE MGD EQ INTL UNCON P 2019-04-26 2020-08-14
24 ISHARES CORE DIVIDEND GROWTH P 2018-03-19 2020-05-06
18 ISHARES MSCI EAFE VALUE ETF P 2020-06-05 2020-08-14
26 JPMORGAN BETABUILDERS JAPAN ETF P 2019-04-26 2020-03-06
20 JPM BTABLDRS DEV ASIA X-JPN P 2019-04-26 2020-08-14
19 JPM BTABLDRS DEV ASIA X-JPN P 2019-04-26 2020-03-06
Other P 2020-01-01 2020-07-01
Capital Gains Dividends P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 500,000   500,000 0
b 500,000   500,000 0
c 500,000   500,000 0
d 400,000   400,251 -251
e 395,000   395,000 0
364,402   362,944 1,458
350,000   344,747 5,253
300,000   300,000 0
300,000   300,000 0
300,000   300,000 0
300,000   299,091 909
275,309   266,190 9,119
252,278   250,000 2,278
250,000   248,638 1,362
250,000   250,000 0
250,000   250,291 -291
250,000   253,860 -3,860
240,000   240,000 0
201,822   200,200 1,622
175,000   175,000 0
150,000   150,000 0
150,000   150,000 0
150,000   150,000 0
140,000   140,000 0
131,371   72,413 58,958
120,289   99,935 20,354
110,543   107,800 2,743
100,911   99,250 1,661
75,421   69,820 5,601
74,039   72,616 1,423
65,455   63,402 2,053
57,712   44,824 12,888
56,560   50,656 5,904
45,432   44,559 873
44,839   33,986 10,853
43,398   42,102 1,296
40,508   30,344 10,164
40,195   37,647 2,548
38,866   29,367 9,499
36,098   34,734 1,364
32,974   32,474 500
32,925   16,215 16,710
31,782   39,756 -7,974
30,611   29,902 709
28,023   24,026 3,997
27,838   26,317 1,521
27,093   22,117 4,976
27,008   23,075 3,933
26,222   24,850 1,372
24,688   21,144 3,544
24,080   25,912 -1,832
23,617   27,278 -3,661
22,656   22,797 -141
21,832   17,985 3,847
21,434   21,693 -259
21,362   19,323 2,039
21,355   22,779 -1,424
21,023   21,793 -770
20,677   19,848 829
20,623   19,848 775
20,397   19,813 584
20,309   18,423 1,886
20,150   17,457 2,693
18,846   18,452 394
18,454   18,262 192
18,351   19,476 -1,125
18,088   18,076 12
17,774   17,963 -189
17,046   15,036 2,010
16,377   13,250 3,127
16,370   13,898 2,472
16,352   18,370 -2,018
16,185   13,571 2,614
15,903   17,512 -1,609
15,880   15,716 164
15,728   19,577 -3,849
15,683   14,910 773
15,077   14,714 363
15,074   13,240 1,834
15,030   15,150 -120
14,888   12,830 2,058
14,478   16,906 -2,428
14,202   16,237 -2,035
13,594   13,651 -57
13,030   12,383 647
12,716   12,490 226
12,697   12,434 263
12,430   13,567 -1,137
11,580   11,615 -35
10,781   11,273 -492
10,469   9,940 529
10,409   8,150 2,259
10,292   8,256 2,036
9,937   8,183 1,754
9,779   9,773 6
9,593   8,960 633
9,458   9,142 316
9,344   12,253 -2,909
9,247   7,806 1,441
9,173   8,438 735
8,892   8,310 582
8,876   8,660 216
8,750   8,838 -88
8,517   10,088 -1,571
8,151   10,284 -2,133
8,011   6,513 1,498
7,631   7,461 170
7,588   9,952 -2,364
7,501   7,575 -74
7,404   6,279 1,125
7,007   6,980 27
6,865   5,458 1,407
6,683   6,921 -238
6,077   5,714 363
5,968   5,976 -8
5,743   4,595 1,148
5,663   4,998 665
5,604   5,010 594
5,293   5,233 60
5,239   5,970 -731
5,087   4,996 91
5,083   5,320 -237
5,047   4,963 84
5,012   5,062 -50
5,011   4,733 278
5,006   4,297 709
5,000   5,816 -816
4,978   4,855 123
4,890   4,634 256
4,464   4,165 299
4,451   3,415 1,036
4,337   4,602 -265
4,291   3,806 485
4,229   4,188 41
4,222   4,188 34
3,788   3,931 -143
3,672   3,509 163
3,387   3,054 333
3,314   3,432 -118
3,028   2,807 221
3,000   3,448 -448
2,833   3,180 -347
2,790   2,915 -125
2,705   2,184 521
2,663   2,480 183
2,599   2,458 141
2,373   2,367 6
2,316   2,585 -269
2,138   2,119 19
2,129   2,085 44
2,031   1,949 82
1,986   2,197 -211
1,978   1,700 278
1,918   1,610 308
1,605   1,525 80
1,528   1,395 133
1,428   1,529 -101
1,408   1,213 195
1,241   1,093 148
1,231   1,174 57
1,199   715 484
1,038   1,075 -37
844   836 8
757   772 -15
564   598 -34
472   517 -45
439   491 -52
60     60
4,139     4,139
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       0
b       0
c       0
d       -251
e       0
      1,458
      5,253
      0
      0
      0
      909
      9,119
      2,278
      1,362
      0
      -291
      -3,860
      0
      1,622
      0
      0
      0
      0
      0
      58,958
      20,354
      2,743
      1,661
      5,601
      1,423
      2,053
      12,888
      5,904
      873
      10,853
      1,296
      10,164
      2,548
      9,499
      1,364
      500
      16,710
      -7,974
      709
      3,997
      1,521
      4,976
      3,933
      1,372
      3,544
      -1,832
      -3,661
      -141
      3,847
      -259
      2,039
      -1,424
      -770
      829
      775
      584
      1,886
      2,693
      394
      192
      -1,125
      12
      -189
      2,010
      3,127
      2,472
      -2,018
      2,614
      -1,609
      164
      -3,849
      773
      363
      1,834
      -120
      2,058
      -2,428
      -2,035
      -57
      647
      226
      263
      -1,137
      -35
      -492
      529
      2,259
      2,036
      1,754
      6
      633
      316
      -2,909
      1,441
      735
      582
      216
      -88
      -1,571
      -2,133
      1,498
      170
      -2,364
      -74
      1,125
      27
      1,407
      -238
      363
      -8
      1,148
      665
      594
      60
      -731
      91
      -237
      84
      -50
      278
      709
      -816
      123
      256
      299
      1,036
      -265
      485
      41
      34
      -143
      163
      333
      -118
      221
      -448
      -347
      -125
      521
      183
      141
      6
      -269
      19
      44
      82
      -211
      278
      308
      80
      133
      -101
      195
      148
      57
      484
      -37
      8
      -15
      -34
      -45
      -52
      60
      4,139
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 216,864
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 7,682
c All other domestic foundations enter 1.39% 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 7,682
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 7,682
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 10,436
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,025
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,461
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 4,779
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet4,779 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCO
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? 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 (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.larrk.org
    14
    The books are in care ofbulletThe Foundation Telephone no.bullet (303) 884-0908

    Located atbullet1001 17th Street Suite 1050DenverCO ZIP+4bullet80202
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Robert Jornayvaz President
    1.00     		0 0 0
    1001 17th Street Suite 1050
    Denver,CO80202
    Louisa Craft Jornayvaz Secretary
    1.00     		0 0 0
    1001 17th Street Suite 1050
    Denver,CO80202
    Wendell Fleming Executive Director
    40.00     		141,728 37,085 0
    1001 17th Street Suite 1050
    Denver,CO80202
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    14,833,342
    b
    Average of monthly cash balances.......................
    1b
    257,976
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    15,091,318
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    15,091,318
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    226,370
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    14,864,948
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    743,247
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    743,247
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    7,682
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,682
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    735,565
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    735,565
    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
    735,565
    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
    1,813,740
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,813,740
    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
    1,813,740
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 735,565
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016...... 60,272
    c From 2017...... 372,232
    d From 2018...... 163,524
    e From 2019...... 189,484
    fTotal of lines 3a through e........ 785,512
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,813,740
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 735,565
    e Remaining amount distributed out of corpus 1,078,175
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,863,687
    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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		1,863,687
    10 Analysis of line 9:
    a Excess from 2016.... 60,272
    b Excess from 2017.... 372,232
    c Excess from 2018.... 163,524
    d Excess from 2019.... 189,484
    e Excess from 2020.... 1,078,175
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Wendell Fleming
    1001 17th Street Suite 1050
    Denver,CO80202
    (303) 884-0908
    bThe form in which applications should be submitted and information and materials they should include:
    No unsolicited grant applications will be accepted
    cAny submission deadlines:
    No submission deadlines
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    No restrictions or limitations on awards
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Anchor Center for Blind Children
    2550 Roslyn Street
    Denver,CO80238     		None Other Public Charity General Support 3,000
    Colorado Association of Funders
    5855 Wadsworth Bypass Unit A
    Arvada,CO80003     		None Other Public Charity General Support 2,450
    Family Legacy Missions International
    5005 W Royal Ln Ste 252
    Irving,TX75063     		None Other Public Charity General Support 2,025
    Friendship Bridge
    405 Urban St 140
    Lakewood,CO80228     		None Other Public Charity General Support 5,000
    Graland Country Day School
    55 Clermont Street
    Denver,CO80220     		None Other Public Charity General Support 135,000
    Kent Denver School
    4000 E Quincy Ave
    Cherry Hills Village,CO80113     		None Other Public Charity General Support 1,500,000
    Mile High Early Learning
    1799 Pennsylvania Street
    Denver,CO80203     		None Other Public Charity General Support 10,000
    University of Denver Graduate School of Professional Psychology
    2450 S Vine Street
    Denver,CO80208     		None Other Public Charity General Support 156,265
    Total .................................bullet 3a 1,813,740
    bApproved for future payment
    Children's Hospital
    13123 E 16th Ave
    Aurora,CO80045     		None Other Public Charity General Support 30,000
    Denver Art Museum
    100 W 14th Avenue Pkwy
    Denver,CO80204     		None Other Public Charity General Support 200,000
    Equine Partnership Program
    40495 Co Rd 13
    Elizabeth,CO80107     		None Other Public Charity General Support 15,000
    Graland Country Day School
    55 Clermont Street
    Denver,CO80220     		None Other Public Charity General Support 90,000
    Kent Denver School
    4000 E Quincy Ave
    Cherry Hills Village,CO80113     		None Other Public Charity General Support 1,350,000
    Maria Droste Counseling Center
    1355 South Colorado Blvd Suite
    C-100
    Denver,CO80222     		None Other Public Charity General Support 20,000
    Montview Church
    1980 Dahlia St
    Denver,CO80220     		None Other Public Charity General Support 700,000
    Total .................................bullet 3b 2,405,000
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 432,835  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 216,864  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aIncome Tax Refunds     		    01 0  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 649,699 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    649,699
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Anchor Center for Blind Children2550 Roslyn Street
    Denver,CO80238     		None Other Public Charity General Support 3,000
    Colorado Association of Funders5855 Wadsworth Bypass Unit A
    Arvada,CO80003     		None Other Public Charity General Support 2,450
    Family Legacy Missions International5005 W Royal Ln Ste 252
    Irving,TX75063     		None Other Public Charity General Support 2,025
    Friendship Bridge405 Urban St 140
    Lakewood,CO80228     		None Other Public Charity General Support 5,000
    Graland Country Day School55 Clermont Street
    Denver,CO80220     		None Other Public Charity General Support 135,000
    Kent Denver School4000 E Quincy Ave
    Cherry Hills Village,CO80113     		None Other Public Charity General Support 1,500,000
    Mile High Early Learning1799 Pennsylvania Street
    Denver,CO80203     		None Other Public Charity General Support 10,000
    University of Denver Graduate School of Professional Psychology2450 S Vine Street
    Denver,CO80208     		None Other Public Charity General Support 156,265
    Total ...............................bullet 3a 1,813,740
    bApproved for future payment
    Children's Hospital13123 E 16th Ave
    Aurora,CO80045     		None Other Public Charity General Support 30,000
    Denver Art Museum100 W 14th Avenue Pkwy
    Denver,CO80204     		None Other Public Charity General Support 200,000
    Equine Partnership Program40495 Co Rd 13
    Elizabeth,CO80107     		None Other Public Charity General Support 15,000
    Graland Country Day School55 Clermont Street
    Denver,CO80220     		None Other Public Charity General Support 90,000
    Kent Denver School4000 E Quincy Ave
    Cherry Hills Village,CO80113     		None Other Public Charity General Support 1,350,000
    Maria Droste Counseling Center1355 South Colorado Blvd Suite
    C-100
    Denver,CO80222     		None Other Public Charity General Support 20,000
    Montview Church1980 Dahlia St
    Denver,CO80220     		None Other Public Charity General Support 700,000
    Total ................................bullet 3b 2,405,000

    TY 2020 AccountingFeesSchedule
    Name:
    LARRK Foundation
    EIN:
    26-3818473
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting Services 13,910 0   0

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

    TY 2020 DepreciationSchedule
    Name:
    LARRK Foundation
    EIN:
    26-3818473
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    Furniture 2009-07-01 20,791 20,791 SL 5.000000000000 0 0    
    Computer 2016-08-04 2,529 1,754 SL 5.000000000000 506 0    
    Software 2009-07-15 6,000 6,000 SL 3.000000000000 0 0    

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    LARRK Foundation
    EIN:
    26-3818473
    Name of Bond End of Year Book Value End of Year Fair Market Value
    100000 Centerpoint Energy Inc 104,750 104,750
    100000 Land Olakes Inc 97,750 97,750
    200000 Land Olakes Inc 187,750 187,750
    750000 Houston Lender Veranda 750,000 750,000
    895000 La Envrn Facs-B-QZAB 266,298 266,298
    120000 UNIV OF CA-AU-TXBL 120,222 120,222
    1968 VANGUARD SHORT TERM BND (BSV) 163,147 163,147
    1981 ISHARES IBOXX HY COR BD ETF (HYG) 172,941 172,941
    225000 CORALVILLE-D-TXBL 231,257 231,257
    240000 NASHWAUK KEEWATIN MN 240,660 240,660
    2433 PIMCO ENHANCED SHRT MTRT EXC (MINT) 248,263 248,263
    2797 VANGUARD TOTAL BOND MARKET (BND) 246,667 246,667
    300000 MIZUHO BANK LTD 300,000 300,000
    300000 WELLS FARGO & COMPANY 300,390 300,390
    334 ISHARES TIPS BOND ETF (TIP) 42,635 42,635
    350000 PUTNAM CO TN-REF-TXBL 351,453 351,453
    400 ISHARES JP MORGAN EM BOND ETF (EMB) 46,364 46,364
    525000 LA ENVRN FACS-A-QSCB 156,209 156,209

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    LARRK Foundation
    EIN:
    26-3818473
    Name of Stock End of Year Book Value End of Year Fair Market Value
    100 Firstar Realty LLC - USB 106,000 106,000
    2000 Stifel Financial Corp 55,640 55,640
    3200 Cobank ACB 328,000 328,000
    5000 Athene Holding LTD 145,900 145,900
    5000 Spire Inc 138,700 138,700
    1428 JPM BTABLDRS DEV ASIA X-JPN 38,642 38,642
    1436 JPMORGAN BETABUILDERS CANADA 38,528 38,528
    150 BANK OF AMERICA CORP 227,787 227,787
    160000 CITIGROUP GLOBAL 159,946 159,946
    180000 COMERICA INC 199,350 199,350
    1822 ISHARES RUSSELL 2000 VALUE ETF (IWN) 240,049 240,049
    2000 CULLEN/FROST BANKERS INC 51,700 51,700
    20929 ISHARES CORE MSCI EAFE ETF (IEFA) 1,445,985 1,445,985
    211 INDUSTRIAL SELECT SECT SPDR 18,684 18,684
    2279 ISHARES RUSSELL MIDCAP V ETF (IWS) 220,972 220,972
    2376 ISHARES INC MSCI JAPAN ETF (EWJ) 160,523 160,523
    24961.875 SIX CIRCLE MGD EQ INTL UNCON 275,329 275,329
    250 WELLS FARGO & COMPANY 379,475 379,475
    2636 FINANCIAL SELECT SECTOR SPDR 77,709 77,709
    2786.229 FIDELITY INTL INDX-INST PRM 127,080 127,080
    2850 AMERICAN EQUITY INVESTME 74,157 74,157
    28923.013 SIX CIRCLE MGD EQ US UNCON 397,402 397,402
    2953 ISHARES RUSSELL 1000 GRW ETF (IWF) 712,086 712,086
    304 INVESCO S&P 500 EQUAL WEIGHT 38,772 38,772
    3438 JPMORGAN BETABUILDERS JAPAN ETF 96,264 96,264
    350000 GOLDMAN SACHS BANK USA 350,294 350,294
    4000 STIFEL FINANCIAL CORP 112,400 112,400
    473 ISHARES RUSSELL 2000 GRWTH ETF (IWO) 135,609 135,609
    5588.817 FIDELITY 500 INDEX-INST PRM 727,496 727,496
    5589 ISHARES RUSSELL 1000 VALUE ETF (IWD) 764,184 764,184
    614 ISHARES RUSSELL MIDCAP G ETF (IWP) 63,027 63,027
    623 ISHARES MSCI CANADA ETF 19,213 19,213
    6900 GOLDMAN SACHS GROUP -GS 174,156 174,156
    9387 ISHARES CORE MSCI EMERGING (IEMG) 582,369 582,369
    947 ISHARES CORE MSCI EMERGING 58,752 58,752

    TY 2020 InvestmentsOtherSchedule2
    Name:
    LARRK Foundation
    EIN:
    26-3818473
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Accounts Receivable-Bear Creek FMV 23,336 23,336
    Accounts Receivable-JPMorgan FMV 1 1
    Cash & Fixed Income-Bear Creek FMV 5,001 5,001
    Cash & Fixed Income-JP Morgan FMV 48,712 48,712
    Cash & Fixed Income-Morgan Stanley FMV 72,422 72,422
    Blackstone GSP Private Investors L.P. FMV 8,514 8,514
    GSO Private Investors Offshore II, LP Class A FMV 47,041 47,041
    HPS - Core Senior Lending Offshore Funds (PB), L.P. FMV 451,713 451,713
    200000 ONTARIO POWER FMV 199,980 199,980
    350000 BANK OF MONTREAL FMV 350,088 350,088
    350000 ROYAL BANK OF CANADA FMV 350,000 350,000
    400000 BARCLAYS BANK PLC CCP FMV 398,779 398,779
    400000 BUNGE ASSET FUNDING FMV 399,933 399,933
    400000 DENMARK (KINGDOM OF) FMV 399,992 399,992
    425000 SOUTHWESTERN PUBLIC FMV 424,972 424,972

    TY 2020 LandEtcSchedule2
    Name:
    LARRK Foundation
    EIN:
    26-3818473
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture 20,791 20,791 0 0
    Computer 2,529 2,260 269 269
    Software 6,000 6,000 0 0


    TY 2020 OtherAssetsSchedule
    Name:
    LARRK Foundation
    EIN:
    26-3818473
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Art 3,442 3,442 3,442


    TY 2020 OtherExpensesSchedule
    Name:
    LARRK Foundation
    EIN:
    26-3818473
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Contract Services 1,803 0   0
    Broker Commissions and Fees 81,489 81,489   0
    Insurance 3,707 0   0
    Other 10,818 0   0
    Website 857 0   0


    TY 2020 OtherIncreasesSchedule
    Name:
    LARRK Foundation
    EIN:
    26-3818473
    Description Amount
    Unrealized Gain/Loss 659,088


    TY 2020 TaxesSchedule
    Name:
    LARRK Foundation
    EIN:
    26-3818473
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Employment Taxes 10,649 532   0
    Property Taxes 229 0   0
    Foreign Taxes 5,650 5,650   0
    Income Taxes 6,391 0   0