TY 2020 Form 990PF

- TIN:

Form990-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.
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Go 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
Denver Public Schools Retired Employees
Association Foundation

Number and street (or P.O. box number if mail is not delivered to street address)2408 S Utica Street
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Denver, CO802196402

A Employer identification number

84-1331121

B Telephone number (see instructions)

(303) 934-6678

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

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 ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$7,658,615J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)	12,448
2	Check .............
3	Interest on savings and temporary cash investments	29,010		29,010	29,010
4	Dividends and interest from securities...	226,869		226,869	226,869
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-144,661
b	Gross sales price for all assets on line 6a 4,087,620
7	Capital gain net income (from Part IV, line 2)...			0
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).......		423	423	423
12	Total. Add lines 1 through 11........	124,089		256,302	256,302
13	Compensation of officers, directors, trustees, etc.	0		0	0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		9,545	9,545	9,545	0
c	Other professional fees (attach schedule)....		1,322	1,322	1,322	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		64,458	64,458	64,458	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	75,325		75,325	75,325	0
25	Contributions, gifts, grants paid.......	377,331				377,331
26	Total expenses and disbursements. Add lines 24 and 25	452,656		75,325	75,325	377,331
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-328,567
b	Net investment income (if negative, enter -0-)			180,977
c	Adjusted net income (if negative, enter -0-)...				180,977

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2020)

Form 990-PF (2020)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	290,665	311,949	311,949
	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).......	1,817,020	1,665,603	1,847,077
	c	Investments—corporate bonds (attach schedule).......	589,906	508,090	511,148
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............	373	297	137
	13	Investments—other (attach schedule)..........	4,560,127	4,443,585	4,988,304
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	7,258,091	6,929,524	7,658,615
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	7,258,091	6,929,524
	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).....	7,258,091	6,929,524
	30	Total liabilities and net assets/fund balances (see instructions).	7,258,091	6,929,524

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

7,258,091

Enter amount from Part I, line 27a .....................

-328,567

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

6,929,524

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

6,929,524

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	Ball Corporation	P	2016-12-19	2020-01-10
b	LKQ Corp	P	2016-10-17	2020-01-10
c	Springleaf Finance Corp	P	2019-06-28	2020-01-22
d	Nabors	P	2019-11-06	2020-01-22
e	Nationstar Mortgage	P	2016-09-13	2020-01-29
	MGM Resorts	P	2018-02-16	2020-01-30
	MGM Resorts	P	2018-02-22	2020-01-30
	Sprint Corp	P	2019-11-19	2020-02-05
	Nationstar Mortgage	P	2016-09-13	2020-02-18
	SBA Communications	P	2018-03-02	2020-02-20
	Ally Financial	P	2016-09-16	2020-03-16
	Ally Financial	P	2016-10-07	2020-03-16
	American Axle	P	2020-02-11	2020-03-24
	Anheuser Busch	P	2019-10-10	2020-03-25
	Asbury Automotive	P	2018-12-12	2020-03-04
	CCO Holdings	P	2018-05-09	2020-03-04
	Eldorado Resorts	P	2019-03-13	2020-03-30
	MGM Resorts	P	2018-02-22	2020-03-03
	Freeport McMoran	P	2018-10-02	2020-03-05
	Zayo	P	2016-09-09	2020-03-09
	Royal Carribbean	P	2016-09-09	2020-03-06
	Transdigm	P	2019-10-10	2020-03-02
	MGIC Investment Corp	P	2016-09-09	2020-04-01
	WPX Energy Inc.	P	2020-01-28	2020-04-02
	T-Mobile USA	P	2017-07-10	2020-04-02
	T-Mobile USA	P	2018-05-23	2020-04-06
	T-Mobile USA	P	2018-05-23	2020-04-06
	T-Mobile USA	P	2018-05-23	2020-04-06
	T-Mobile USA	P	2018-05-23	2020-04-06
	American Intl Group	P	2019-12-05	2020-04-07
	ISTAR Inc.	P	2019-12-19	2020-04-08
	Concho Resources	P	2017-10-03	2020-04-13
	Diamond Offshore Drill	P	2017-10-06	2020-04-16
	Diamond Offshore Drill	P	2019-11-22	2020-04-16
	Antero Midstream	P	2019-07-26	2020-04-17
	Oceaneering	P	2018-01-31	2020-04-17
	Ford Motor	P	2020-04-13	2020-04-23
	Crown Castle	P	2019-12-03	2020-04-28
	Transdigm	P	2019-04-04	2020-04-28
	AMC Networks Inc.	P	2017-09-01	2020-05-12
	Blue Cube Spinco	P	2016-11-17	2020-05-18
	Blue Cube Spinco	P	2020-02-11	2020-05-19
	Ally Financial	P	2020-04-08	2020-05-19
	Dish DBS Corp	P	2019-04-24	2020-05-28
	Leucadia National Corp	P	2016-09-15	2020-05-28
	Kennedy-Wilson Inc	P	2017-02-22	2020-05-08
	United Continental Holdings	P	2019-06-11	2020-05-08
	American Tower Corp	P	2019-11-06	2020-06-08
	Broadcom Corp	P	2019-09-17	2020-06-12
	CBS Outdoor	P	2016-09-13	2020-06-01
	Charter Comm	P	2019-10-29	2020-06-18
	Dish DBS Corp	P	2019-04-24	2020-06-02
	Micron Technology	P	2019-06-11	2020-06-10
	Targa Resources	P	2020-04-24	2020-06-09
	General Motors Financial Company	P	2017-06-29	2020-07-13
	GE Capital	P	2017-06-28	2020-07-15
	Davita Healthcare	P	2016-09-13	2020-07-15
	Iron Mountain	P	2016-09-16	2020-07-02
	Kraft Heinz	P	2020-03-10	2020-07-14
	Southwest Airlines	P	2020-04-30	2020-07-17
	Springleaf Finance Corp	P	2016-09-12	2020-07-29
	Steel Dynamics	P	2016-10-17	2020-07-06
	Steel Dynamics	P	2019-12-02	2020-07-06
	Western Gas Partners	P	2020-05-19	2020-07-28
	International Lease Finance Corp	P	2016-09-13	2020-07-20
	Pfizer Inc.	P	2017-06-28	2020-08-12
	ADT Corp	P	2017-01-06	2020-08-06
	Booking Holdings, Inc.	P	2020-07-08	2020-08-12
	Sysco Corp	P	2020-07-06	2020-08-12
	Davita Healthcare	P	2019-09-18	2020-08-21
	EMC Corp	P	2017-11-08	2020-08-31
	EMC Corp	P	2017-11-14	2020-08-31
	Lamar Media Corp	P	2019-09-29	2020-08-31
	Lamar Media Corp	P	2016-10-20	2020-08-31
	Murphy Oil Corp	P	2017-04-21	2020-08-11
	Summit Materials	P	2016-11-07	2020-08-11
	VMWare Inc.	P	2020-04-06	2020-08-10
	Service Corp	P	2018-02-02	2020-08-10
	MGIC Investment Corp	P	2016-10-13	2020-08-13
	MGIC Investment Corp	P	2018-01-05	2020-08-13
	Berry Plastics Corp	P	2016-09-12	2020-09-02
	Berry Plastics Corp	P	2016-09-12	2020-09-09
	Berry Plastics Corp	P	2016-09-12	2020-09-21
	Boeing Co	P	2020-05-18	2020-09-09
	Boeing Co	P	2020-05-18	2020-09-10
	EMC Corp	P	2017-11-14	2020-09-02
	Healthsouth Corp	P	2019-01-09	2020-09-17
	Healthsouth Corp	P	2020-05-29	2020-09-18
	Lamar Media Corp	P	2016-10-20	2020-09-16
	CF Industires	P	2017-10-25	2020-09-25
	Verisign Inc.	P	2016-09-16	2020-09-25
	Centene Corp	P	2016-10-04	2020-10-26
	Charter Comm	P	2019-07-15	2020-10-14
	Cheniere Corp	P	2020-02-11	2020-10-20
	General Electric Co	P	2020-06-03	2020-10-20
	HCA Inc.	P	2019-10-15	2020-10-20
	Delta Airlines	P	2020-03-24	2020-10-05
	Netflix Inc.	P	2020-03-16	2020-10-21
	Williams Partners LP	P	2020-06-01	2020-10-21
	Occidental Petro	P	2020-06-09	2020-10-26
	Sprint Capital	P	2020-03-12	2020-10-30
	Sprint Corp	P	2019-07-31	2020-10-09
	Sysco Corp	P	2020-04-14	2020-10-13
	Xerox	P	2019-02-28	2020-10-13
	General Motors Company	P	2019-01-03	2020-11-03
	Pulte Homes	P	2020-04-23	2020-11-03
	Ally Financial	P	2018-12-06	2020-12-23
	General Motors	P	2020-03-27	2020-12-15
	Hilton Worldwide	P	2019-03-20	2020-12-02
	Huntsman International	P	2019-07-09	2020-12-09
	Las Vegas Sands Corp	P	2020-03-20	2020-12-04
	Las Vegas Sands Corp	P	2020-03-20	2020-12-07
	Lear Corp	P	2020-05-11	2020-12-08
	Lennar Corp	P	2019-09-10	2020-12-02
	Lennar Corp	P	2016-09-16	2020-12-11
	Lennar Corp	P	2020-07-21	2020-12-14
	PulteGroup	P	2020-03-27	2020-12-03
	PulteGroup	P	2016-09-12	2020-12-10
	Xerox	P	2019-02-28	2020-12-30
	AES Corp	P	2017-10-11	2020-12-07
	Virtus Asset Ceredex Mid Cap Value	P	2018-01-23	2020-06-30
	Wells Fargo Govt Money Market Fund	P	2019-06-18	2020-10-06
	Guggenheim FDS Macro Opportunities	P	2018-05-23	2020-10-08
	Wal Mart	P	2019-09-11	2020-01-08
	Exxon Mobile	P	2019-09-16	2020-01-30
	Alphabet Inc.	P	2019-07-26	2020-02-25
	Alphabet Inc.	P	2019-09-09	2020-02-25
	Amazon Inc.	P	2019-07-24	2020-02-25
	Amazon Inc.	P	2019-08-08	2020-02-25
	Amazon Inc.	P	2019-09-20	2020-02-25
	Apple Inc.	P	2019-07-22	2020-02-25
	Apple Inc.	P	2019-08-13	2020-02-25
	Exxon Mobile	P	2019-12-10	2020-02-25
	Exxon Mobile	P	2020-01-02	2020-02-25
	Facebook	P	2019-08-08	2020-02-25
	Facebook	P	2019-07-22	2020-02-25
	Ishares US Tech	P	2019-07-12	2020-02-25
	Ishares US Tech	P	2019-09-30	2020-02-25
	Ishares US Tech	P	2019-10-01	2020-02-25
	Ishares US Tech	P	2019-11-18	2020-02-25
	Invesco S&P 500 Equal Weight	P	2019-07-12	2020-02-25
	Invesco S&P 500 Equal Weight	P	2019-09-30	2020-02-25
	Invesco S&P 500 Equal Weight	P	2019-11-25	2020-02-25
	Invesco QQQ	P	2019-10-11	2020-02-25
	Johnson & Johnson	P	2019-08-08	2020-02-25
	JP Morgan Chase	P	2019-07-23	2020-02-25
	JP Morgan Chase	P	2019-07-23	2020-02-28
	JP Morgan Chase	P	2019-09-05	2020-02-28
	JP Morgan Chase	P	2019-10-31	2020-02-28
	JP Morgan Chase	P	2019-11-27	2020-02-28
	JP Morgan Chase	P	2019-12-27	2020-02-28
	JP Morgan Chase	P	2020-01-31	2020-02-28
	SPDR Dow Jones Indl Average	P	2019-09-26	2020-02-25
	VISA Inc.	P	2019-07-24	2020-02-25
	VISA Inc.	P	2019-08-08	2020-02-25
	VISA Inc.	P	2019-09-03	2020-02-25
	SPDR S&P MidCap 400	P	2019-09-27	2020-02-27
	Facebook	P	2019-11-18	2020-03-06
	SPDR S&P MidCap 400	P	2019-11-26	2020-03-06
	Alphabet Inc.	P	2019-12-09	2020-03-09
	Amazon Inc.	P	2019-11-25	2020-03-09
	Ishares MSCI	P	2020-01-02	2020-03-09
	Ishares US Tech	P	2019-11-18	2020-03-09
	Invesco TR S&P 500 Equal Weight	P	2019-11-25	2020-03-09
	Invesco QQQ	P	2019-11-25	2020-03-09
	Ishares MSCI Emerging Markets	P	2020-01-02	2020-03-09
	SPDR S&P 500 Trust	P	2019-11-25	2020-03-09
	SPDR Dow Jones Indl Average	P	2019-11-18	2020-03-09
	VISA Inc.	P	2019-11-19	2020-03-09
	Apple Inc.	P	2019-08-13	2020-03-09
	Apple Inc.	P	2019-11-18	2020-03-09
	Johnson & Johnson	P	2019-08-08	2020-03-12
	Wal-Mart	P	2019-12-17	2020-03-12
	Ishares Russell 2000	P	2020-04-02	2020-06-11
	Invesco S&P 500 Equal Weight	P	2020-04-02	2020-06-11
	SPDR S&P 500 Trust	P	2020-04-02	2020-06-11
	SPDR S&P MidCap 400	P	2020-04-02	2020-06-11
	SPDR Dow Jones Indl Average	P	2020-04-02	2020-06-11
	Alphabet Inc.	P	2020-05-19	2020-06-12
	Apple Inc.	P	2020-05-19	2020-06-12
	Berkshire Hathaway Inc.	P	2019-07-26	2020-06-12
	Facebook	P	2020-05-19	2020-06-12
	Microsoft	P	2019-07-19	2020-06-12
	Procter & Gamble Co	P	2020-05-19	2020-06-12
	VISA Inc.	P	2020-05-19	2020-06-12
	Berkshire Hathaway Inc.	P	2019-08-19	2020-06-29
	Johnson & Johnson	P	2020-05-19	2020-06-29
	Invesco QQQ Unit Ser 1	P	2020-04-02	2020-07-14
	Invesco QQQ Unit Ser 1	P	2020-04-02	2020-07-23
	Invesco QQQ Unit Ser 1	P	2020-05-19	2020-07-23
	Amazon Inc.	P	2020-05-19	2020-07-23
	Apple Inc.	P	2020-05-19	2020-07-23
	Facebook	P	2020-05-19	2020-07-23
	Microsoft	P	2019-09-19	2020-07-23
	Microsoft	P	2019-11-19	2020-07-23
	Alphabet Inc.	P	2020-08-13	2020-12-15
	Alphabet Inc.	P	2020-08-13	2020-12-30
	Facebook	P	2020-08-13	2020-12-30
	Microsoft	P	2019-11-19	2020-12-30
	Microsoft	P	2019-12-12	2020-12-30
	Microsoft	P	2019-12-20	2020-12-30
	Amazon Inc.	P	2020-05-19	2020-12-31
	Apple Inc.	P	2020-05-19	2020-12-31
	Home Depot	P	2020-10-08	2020-12-31
	First Capital Buy Write	P	2019-01-15	2020-01-24
	Guggenheim Dow Jones Value Dividend	P	2018-12-17	2020-03-18
	First Trust Municipal Income Select	P	2018-05-21	2020-03-31
	Guggenheim S&P Aristocrats Select 25	P	2019-01-29	2020-04-29
	Guggenheim National Muni Port Ser 38	P	2017-10-31	2020-05-06
	Guggenheim Core Four Retirement Ser 6	P	2019-02-20	2020-05-22
	Advisors Asset Mgmt. Cohen & Steers	P	2018-06-07	2020-06-12
	Guggenheim S&P Aristocrats Select 25 - Ser 16	P	2019-10-09	2020-10-27

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	3,062	3,207	-145
b	3,046	3,165	-119
c	3,556	3,347	209
d	4,040	3,588	452
e	2,000	1,956	44
	2,241	2,174	67
	2,241	2,183	58
	3,227	3,373	-146
	1,000	979	21
	3,037	3,062	-25
	2,000	2,283	-283
	4,000	4,615	-615
	2,806	4,219	-1,413
	3,108	3,319	-211
	3,090	3,011	79
	3,029	3,079	-50
	2,633	3,105	-472
	3,325	3,296	29
	3,071	2,935	136
	3,060	3,186	-126
	3,039	3,338	-299
	3,278	3,278	0
	2,836	3,172	-336
	1,872	3,198	-1,326
	3,089	3,306	-217
		2,170	-2,170
		3,221	-3,221
		2,150	-2,150
		3,210	-3,210
	3,116	3,255	-139
	2,397	3,166	-769
	3,022	3,194	-172
	388	3,209	-2,821
	258	1,622	-1,364
	2,086	2,963	-877
	2,767	4,912	-2,145
	870	901	-31
	3,326	3,332	-6
	2,759	3,128	-369
	2,793	3,034	-241
	2,079	2,378	-299
	2,090	2,261	-171
	3,050	3,016	34
	1,978	1,788	190
	3,251	3,218	33
	2,836	3,206	-370
	1,810	3,059	-1,249
	3,335	3,189	146
	4,353	3,999	354
	3,031	3,218	-187
	3,612	3,377	235
	2,006	1,788	218
	3,630	3,161	469
	3,136	2,891	245
	30,000	31,432	-1,432
	13,000	14,169	-1,169
	3,051	3,094	-43
	3,029	3,062	-33
	3,195	3,139	56
	3,236	3,000	236
	4,114	4,532	-418
	2,018	2,086	-68
	2,018	2,055	-37
	2,061	1,823	238
	3,090	3,618	-528
	30,000	34,210	-4,210
	3,238	3,326	-88
	3,694	3,604	90
	3,859	3,858	1
	3,075	3,110	-35
	2,082	1,967	115
	1,041	983	58
	1,008	1,080	-72
	1,008	1,082	-74
	3,132	3,230	-98
	3,000	3,134	-134
	3,615	2,961	654
	3,061	3,194	-133
	1,083	1,049	34
	2,165	2,241	-76
	1,013	1,031	-18
	1,013	1,031	-18
	1,013	1,031	-18
	1,784	1,619	165
	1,775	1,619	156
	2,077	1,966	111
	2,047	2,042	5
	2,048	2,032	16
	1,008	1,082	-74
	3,094	3,023	71
	3,080	3,102	-22
	3,036	3,159	-123
	4,189	3,528	661
	3,470	3,415	55
	3,143	2,973	170
	3,568	3,402	166
	2,948	2,525	423
	3,719	3,263	456
	3,665	3,680	-15
	2,895	2,930	-35
	3,891	3,564	327
	3,484	3,439	45
	4,412	3,747	665
	2,049	2,057	-8
	3,718	2,892	826
	1,457	1,183	274
	3,179	3,008	171
	3,242	2,682	560
	3,069	3,111	-42
	3,474	3,135	339
	2,116	1,608	508
	2,118	1,608	510
	3,671	2,733	938
	3,553	3,337	216
	3,418	3,104	314
	3,480	3,382	98
	3,584	2,972	612
	3,614	3,198	416
	1,016	1,029	-13
	3,092	3,239	-147
	44,166	55,217	-11,051
	108,627	108,627	0
	81,206	81,242	-36
	100,060	100,400	-340
	41,592	49,026	-7,434
	58,631	51,595	7,036
	57,235	49,897	7,338
	48,967	49,950	-983
	52,885	49,375	3,510
	21,546	19,722	1,824
	72,323	51,800	20,523
	43,394	30,707	12,687
	441	570	-129
	14,092	18,408	-4,316
	51,240	49,207	2,033
	48,481	49,815	-1,334
	34,269	29,891	4,378
	74	64	10
	22,924	20,026	2,898
	124	117	7
	26,458	26,117	341
	128	124	4
	76	78	-2
	56,393	49,920	6,473
	11,528	10,528	1,000
	25,599	23,220	2,379
	26,098	26,703	-605
	50,153	49,902	251
	710	785	-75
	17,020	19,860	-2,840
	24,396	29,971	-5,575
	944	1,119	-175
	51,030	50,094	936
	53,061	50,331	2,730
	53,259	49,987	3,272
	133	125	8
	48,294	49,897	-1,603
	18,018	19,502	-1,484
	17,926	20,494	-2,568
	44,439	50,530	-6,091
	19,476	19,547	-71
	17,262	21,000	-3,738
	18,648	20,083	-1,435
	16,767	19,892	-3,125
	19,473	20,565	-1,092
	14,880	18,160	-3,280
	44,276	50,299	-6,023
	18,326	21,390	-3,064
	18,846	20,028	-1,182
	51,531	43,931	7,600
	48,862	52,518	-3,656
	58,810	60,266	-1,456
	17,559	20,505	-2,946
	63,495	49,928	13,567
	62,413	50,284	12,129
	60,089	50,058	10,031
	62,936	49,457	13,479
	59,208	50,009	9,199
	55,959	55,570	389
	26,932	25,354	1,578
	60,454	70,055	-9,601
	26,019	25,269	750
	126,036	94,188	31,848
	50,841	49,975	866
	49,273	50,396	-1,123
	41,966	48,882	-6,916
	13,829	14,961	-1,132
	46,066	33,267	12,799
	23,551	16,633	6,918
	56,260	49,192	7,068
	30,569	24,825	5,744
	7,610	6,338	1,272
	27,312	25,269	2,043
	27,304	18,678	8,626
	28,660	21,099	7,561
	35,000	30,413	4,587
	17,300	15,207	2,093
	11,010	10,600	410
	13,369	9,084	4,285
	753	514	239
	8,088	5,718	2,370
	19,612	14,895	4,717
	21,199	12,677	8,522
	9,502	10,230	-728
	112,704	99,998	12,706
	75,446	105,583	-30,137
	51,838	56,073	-4,235
	91,472	87,777	3,695
	49,938	54,351	-4,413
	174,417	183,408	-8,991
	156,917	416,721	-259,804
	57,857	51,308	6,549

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			-145
b			-119
c			209
d			452
e			44
			67
			58
			-146
			21
			-25
			-283
			-615
			-1,413
			-211
			79
			-50
			-472
			29
			136
			-126
			-299
			0
			-336
			-1,326
			-217
			-2,170
			-3,221
			-2,150
			-3,210
			-139
			-769
			-172
			-2,821
			-1,364
			-877
			-2,145
			-31
			-6
			-369
			-241
			-299
			-171
			34
			190
			33
			-370
			-1,249
			146
			354
			-187
			235
			218
			469
			245
			-1,432
			-1,169
			-43
			-33
			56
			236
			-418
			-68
			-37
			238
			-528
			-4,210
			-88
			90
			1
			-35
			115
			58
			-72
			-74
			-98
			-134
			654
			-133
			34
			-76
			-18
			-18
			-18
			165
			156
			111
			5
			16
			-74
			71
			-22
			-123
			661
			55
			170
			166
			423
			456
			-15
			-35
			327
			45
			665
			-8
			826
			274
			171
			560
			-42
			339
			508
			510
			938
			216
			314
			98
			612
			416
			-13
			-147
			-11,051
			0
			-36
			-340
			-7,434
			7,036
			7,338
			-983
			3,510
			1,824
			20,523
			12,687
			-129
			-4,316
			2,033
			-1,334
			4,378
			10
			2,898
			7
			341
			4
			-2
			6,473
			1,000
			2,379
			-605
			251
			-75
			-2,840
			-5,575
			-175
			936
			2,730
			3,272
			8
			-1,603
			-1,484
			-2,568
			-6,091
			-71
			-3,738
			-1,435
			-3,125
			-1,092
			-3,280
			-6,023
			-3,064
			-1,182
			7,600
			-3,656
			-1,456
			-2,946
			13,567
			12,129
			10,031
			13,479
			9,199
			389
			1,578
			-9,601
			750
			31,848
			866
			-1,123
			-6,916
			-1,132
			12,799
			6,918
			7,068
			5,744
			1,272
			2,043
			8,626
			7,561
			4,587
			2,093
			410
			4,285
			239
			2,370
			4,717
			8,522
			-728
			12,706
			-30,137
			-4,235
			3,695
			-4,413
			-8,991
			-259,804
			6,549

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	-144,661
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	168,768

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

Reserved...........................

Reserved,..........................

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	2,516
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	2,516
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	2,516
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	1,760
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	1,000
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	2,760
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	244
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax244	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

http://www.dpsrea.org

The books are in care of bullet

Adrienne Havey Telephone no. bullet

(720) 849-7391

Located at bullet

7447 West 35th AvenueWheat RidgeCO ZIP+4 bullet

80033

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

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

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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
Donald E Giseburt	President 15.00	0	0	0
2408 S Utica Street Denver,CO80219	President 15.00	0	0	0
Lawrence P Corsa	Board Member 1.00	0	0	0
2408 S Utica Street Denver,CO80219	Board Member 1.00	0	0	0
Augusta L Hardy	Board Member 1.00	0	0	0
2408 S Utica Street Denver,CO80219	Board Member 1.00	0	0	0
Bernadette R Seick	Vice President 1.00	0	0	0
2408 S Utica Street Denver,CO80219	Vice President 1.00	0	0	0
Anna Pena-Wickard	Secretary 1.00	0	0	0
2408 S Utica Street Denver,CO80219	Secretary 1.00	0	0	0
Lynn Williams	Board Member 1.00	0	0	0
2408 S Utica Street Denver,CO80219	Board Member 1.00	0	0	0
Jan Box	Ex Officio 1.00	0	0	0
2408 S Utica Street Denver,CO80219	Ex Officio 1.00	0	0	0
William Kohut	Board Member 1.00	0	0	0
2408 S Utica Street Denver,CO80219	Board Member 1.00	0	0	0
Nancy Raddatz	Board Member 1.00	0	0	0
2408 S Utica Street Denver,CO80219	Board Member 1.00	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (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............. bullet

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......................... bullet

Form 990-PF (2020)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

7,266,489

Average of monthly cash balances.......................

301,309

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

7,567,798

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

7,567,798

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

113,517

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

7,454,281

Minimum investment return. Enter 5% of line 5..................

372,714

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.)

Minimum investment return from Part X, line 6....................

372,714

Tax on investment income for 2020 from Part VI, line 5......

2,516

Income tax for 2020. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

2,516

Distributable amount before adjustments. Subtract line 2c from line 1............

370,198

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

370,198

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

370,198

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

377,331

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

377,331

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

377,331

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)

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					370,198
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......
c From 2017......
d From 2018......
e From 2019......	27,119
fTotal of lines 3a through e........		27,119
4Qualifying distributions for 2020 from Part
XII, line 4: $ 377,331
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.....					370,198
e Remaining amount distributed out of corpus		7,133
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		34,252
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 ......		34,252
10 Analysis of line 9:
a Excess from 2016....
b Excess from 2017....
c Excess from 2018....
d Excess from 2019....	27,119
e Excess from 2020....	7,133

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 section4942(j)(3) or4942(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) 2020	(b) 2019	(c) 2018	(d) 2017	(e) Total

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

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

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

Denver Public Schools Retired Emplo
2408 S Utica Street
Denver,CO80219
(303) 934-6678

bThe form in which applications should be submitted and information and materials they should include:

Scholarship recipients must provide written proof of full-time enrollment from the registrar or financial office of their college or university. The use of scholarship funds is restricted to payment for tuition, books and fees. Students must maintain at least a 3.0 grade point average in order to renew their scholarship for a subsequent year. Should a student fail to do so, the college or university is instructed to return the scholarship funds to the Foundation.

cAny submission deadlines:

None

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

The scholarship funds are restricted to payments for tuition, books, and fees. The student must maintain at least a 3.0 grade point average in order to renew their scholarship for a subsequent year.

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
Ahmed Moutwakil 760 S Hudson St Denver,CO80246	N/A	N/A	College Tuition Assistance	10,000
Ana Kwan 7908 E 25th Ave Denver,CO80238	N/A	N/A	College Tuition Assistance	10,000
Antonia Bottinelli 1818 S Pearl St Denver,CO80210	N/A	N/A	College Tuition Assistance	10,000
Benjamin Kitchen 3563 Wabash St Denver,CO80238	N/A	N/A	College Tuition Assistance	10,000
Caitlin Quinn 310 Forest St Denver,CO80220	N/A	N/A	College Tuition Assistance	10,000
Camryn Guenther 3030 S Clermont Dr Denver,CO80222	N/A	N/A	College Tuition Assistance	10,000
Catherine Clarke 2062 So Sherman St Denver,CO80210	N/A	N/A	College Tuition Assistance	10,000
Claire Wineman 1834 Bellaire St Denver,CO80220		N/A	College Tuition Assistance	10,000
Colton Hook 3047 S Claude Ct Denver,CO80210	N/A	N/A	College Tuition Assistance	10,000
Danielle Ekstrand 5425 E Bayaud Ave Denver,CO80246	N/A	N/A	College Tuition Assistance	10,000
Devin Mauro-Gallegos 1530 S Vine St Denver,CO80210	N/A	N/A	College Tuition Assistance	10,000
Dylan Greher 8721 E 52nd PL Denver,CO80238	N/A	N/A	College Tuition Assistance	10,000
Emily Tanabe 7889 E 28th PL Denver,CO80238	N/A	N/A	College Tuition Assistance	10,000
Emma Hjoeschier 403 S Emerson St Denver,CO80209	N/A	N/A	College Tuition Assistance	10,000
Emma Wenzel 2448 S Clayton St Denver,CO80210	N/A	N/A	College Tuition Assistance	10,000
Jessie Miller 1261 York St Denver,CO80206	N/A	N/A	College Tuition Assistance	10,000
John Greenman 175 S Lafayette St Denver,CO80209	N/A	N/A	College Tuition Assistance	10,000
Katie Maloney 611 Harrison St Denver,CO80206	N/A	N/A	College Tuition Assistance	10,000
Kinri Watson 509 E 2nd Ave Denver,CO80203	N/A	N/A	College Tuition Assistance	10,000
Kristin Kraybill-Voth 477 Ogden St Denver,CO80218	N/A	N/A	College Tuition Assistance	10,000
Leora Busse 6591 E Dakota Ave Denver,CO80224	N/A	N/A	College Tuition Assistance	10,000
Lily Miller 1043 Roslyn Ct Denver,CO80230	N/A	N/A	College Tuition Assistance	10,000
Madeline Gartland 2435 N High St Denver,CO80205	N/A	N/A	College Tuition Assistance	10,000
Matthew Bulger 8200 E Princeton Ave Denver,CO80237	N/A	N/A	College Tuition Assistance	10,000
Michael Crum 3336 Belcaro Drive Denver,CO80209	N/A	N/A	College Tuition Assistance	10,000
Noah Soloman 7420 E Ellsworth Ave Denver,CO80230	N/A	N/A	College Tuition Assistance	7,331
Oscar Buchanan 713 Indiana Ave Des Moines,IA50314	N/A	N/A	College Tuition Assistance	10,000
Othnielle Aitchedji 4808 W Tennessee Ave Denver,CO80219	N/A	N/A	College Tuition Assistance	10,000
Rachel Sadler 1325 Fairfax St Denver,CO80220	N/A	N/A	College Tuition Assistance	10,000
Roger Nakagawa 240 S Locust St Denver,CO80224	N/A	N/A	College Tuition Assistance	10,000
Sadia Mohammed 1509 Russell Ave N Minneapolis,MN55411	N/A	N/A	College Tuition Assistance	10,000
Sam Korman 437 S Gilpin Street Denver,CO80209	N/A	N/A	College Tuition Assistance	10,000
Sofia Bottinelli 1818 S Pearl St Denver,CO80210	N/A	N/A	College Tuition Assistance	10,000
Theodore Culhane 2201 Fairfax St Denver,CO80207	N/A	N/A	College Tuition Assistance	10,000
Tiffany Le 3282 S Jay St Denver,CO80227	N/A	N/A	College Tuition Assistance	10,000
William Daley 1805 Cherry St Denver,CO80220	N/A	N/A	College Tuition Assistance	10,000
William Schor 180 Lafayette St Denver,CO80218	N/A	N/A	College Tuition Assistance	10,000
Zachary Robertson 2630 S Milwaukee St Denver,CO80210	N/A	N/A	College Tuition Assistance	10,000
Total ................................. 3a				377,331

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........			14	29,010
4 Dividends and interest from securities....			14	226,869
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.....			14
8 Gain or (loss) from sales of assets other than inventory ............			14	-144,661
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aInterest Income - Tax Refund			14	423
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		111,641	0

13Total. Add line 12, columns (b), (d), and (e)..................

111,641

(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 (2020)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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

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 instructions. 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 (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 AccountingFeesSchedule

Name:

Denver Public Schools Retired Employees

Association Foundation

EIN:

84-1331121

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Accounting	9,545	9,545	9,545	0

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

Denver Public Schools Retired Employees

Association Foundation

EIN:

84-1331121

Name of Bond	End of Year Book Value	End of Year Fair Market Value
Corporate and Foreign Bonds	508,090	511,148

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

Denver Public Schools Retired Employees

Association Foundation

EIN:

84-1331121

Name of Stock	End of Year Book Value	End of Year Fair Market Value
Stocks, Options and EFTs	1,665,603	1,847,077

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

Denver Public Schools Retired Employees

Association Foundation

EIN:

84-1331121

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
Closed End Funds	AT COST	176,665	190,451
Mutual Funds	AT COST	3,974,950	4,460,362
Unit Investment Trusts	AT COST	291,970	337,491

- TIN:

TY 2020 OtherExpensesSchedule

Name:

Denver Public Schools Retired Employees

Association Foundation

EIN:

84-1331121

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income
Office	1,552	1,552	1,552
Insurance	2,765	2,765	2,765
Asset Advisory Fee	60,141	60,141	60,141

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

Denver Public Schools Retired Employees

Association Foundation

EIN:

84-1331121

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
Interest Income - Tax Refund	423	423	423

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

Denver Public Schools Retired Employees

Association Foundation

EIN:

84-1331121

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Other Professional Fees	1,322	1,322	1,322	0