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
Kenneth Kendal King Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)PO Box 6699
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Denver, CO80206
A Employer identification number

84-1148157
B Telephone number (see instructions)

(303) 832-3200
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$59,259,749J 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... 1,898,218 1,898,218  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -5,050,059
b Gross sales price for all assets on line 6a  
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)....... Click to see attachment 22,528 22,528  
12 Total. Add lines 1 through 11........ -3,129,313 1,920,746  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 273,139 63,815   209,324
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 34,647 1,220   33,427
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 45,930 6,890   39,040
c Other professional fees (attach schedule).... Click to see attachment 56,915 0   56,915
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 7,203 0   7,203
21 Travel, conferences, and meetings....... 7,217 0   7,217
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 240,253 0   240,253
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 665,304 71,925   593,379
25 Contributions, gifts, grants paid....... 1,918,000 1,968,000
26 Total expenses and disbursements. Add lines 24 and 25 2,583,304 71,925   2,561,379
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,712,617
b Net investment income (if negative, enter -0-) 1,848,821
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............. 102,498 308,162 308,162
2 Savings and temporary cash investments......... 97 44,603 44,603
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)....... 37,418,650 Click to see attachment31,258,813 56,632,232
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 178,124 Click to see attachment183,772 561,540
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment1,521,810 Click to see attachment1,713,212 Click to see attachment1,713,212
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 39,221,179 33,508,562 59,259,749
Liabilities 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 bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 39,221,179 33,508,562
29 Total net assets or fund balances (see instructions)..... 39,221,179 33,508,562
30 Total liabilities and net assets/fund balances (see instructions). 39,221,179 33,508,562
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
39,221,179
2
Enter amount from Part I, line 27a .....................
2
-5,712,617
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
33,508,562
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
33,508,562
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 Publicly traded securities P    
b Pass-through entity P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a       -5,045,665
b       -4,394
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -5,045,665
b       -4,394
c
d
e
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 -5,050,059
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 25,699
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 25,699
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 25,699
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 27,570
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 27,570
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 1,871
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,871 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
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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 addressbulletkennethkingfoundation.org
    14
    The books are in care ofbulletThe Organization Telephone no.bullet (303) 832-3200

    Located atbulletPO Box 6699DenverCO ZIP+4bullet80206
    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
     
    No
    ........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
     
    No
    .........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). Click to see attachment
    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
    Janice Fritsch President
    40.00     		189,389 11,570 0
    PO Box 6699
    Denver,CO80206
    Matthew R Banner III Director
    25.00     		20,000 0 0
    PO Box 6699
    Denver,CO80206
    Timothy Welker Chairman & Secretary
    13.00     		20,000 0 0
    PO Box 6699
    Denver,CO80206
    John Love Treasurer
    9.00     		20,000 0 0
    PO Box 6699
    Denver,CO80206
    Stacey Duke Treasurer (through July 2020)
    3.00     		3,750 0 0
    PO Box 6699
    Denver,CO80206
    Jared Minor Director
    16.00     		20,000 0 0
    PO Box 6699
    Denver,CO80206
    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 The Foundation made an additional loan to a nonprofit organization to increase the capital available to under-resourced black entreprenuers. The loan has an interest rate of 2.5% per annum. The Foundation's investment in the organization at December 31, 2020 was $150,000. 100,000
    2 The Foundation made a loan to a nonprofit organization to build an educational center at the Rio Grande Farm Park in Alamosa, CO. The loan has an interest rate of 1.0% per annum. The Foundation's investment in the organization at December 31, 2020 was $132,840. 132,840
    All other program-related investments. See instructions.
    3 Click to see attachment 35,000
    Total. Add lines 1 through 3.........................bullet267,840
    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
    54,679,662
    b
    Average of monthly cash balances.......................
    1b
    442,021
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    55,121,683
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    55,121,683
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    826,825
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    54,294,858
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,714,743
    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
    2,714,743
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    25,699
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    25,699
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,689,044
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    126,438
    5
    Add lines 3 and 4............................
    5
    2,815,482
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    2,815,482
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    2,561,379
    b
    Program-related investments—total from Part IX-B..................
    1b
    267,840
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,829,219
    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
    2,829,219
    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 2,815,482
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 2,709,894
    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......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 2,829,219
    a Applied to 2019, but not more than line 2a 2,709,894
    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..... 119,325
    e Remaining amount distributed out of corpus 0
    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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 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 ..........     		2,696,157
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    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:
    Janice Fritsch
    PO Box 6699
    Denver,CO80206
    (303) 832-3200
    grants@kennethkingfoundation.org
    bThe form in which applications should be submitted and information and materials they should include:
    Letter of inquiry and grant applications should be submitted online via the Foundation's website at www.kennethkingfoundation.org.
    cAny submission deadlines:
    September 1 of each calendar year.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Further information can be found at www.kennethkingfoundation.org.
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Janice Fritsch
    PO Box 6699
    Denver,CO80206
    (303) 832-3200
    grants@kennethkingfoundation.org
    bThe form in which applications should be submitted and information and materials they should include:
    Letter of inquiry and grant applications should be submitted online via the Foundation's website at www.kennethkingfoundation.org.
    cAny submission deadlines:
    March 1 of each calendar year.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Further information can be found at www.kennethkingfoundation.org.
    Form 990-PF (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
    A Shared Vision Partners in Pediatric Blindness and Visual Impairment
    10135 West 101st Drive
    Westminster,CO80021     		None PC Removing Barriers to Employment 7,500
    Access Gallery
    909 Santa Fe Dr
    Denver,CO80204     		None PC Arts, Culture & Sciences, increasing economic opportunities for individuals with disabilities. 15,000
    ACE Scholarships Alliance for Choice in Education
    1201 E Colfax Avenue Suite 302
    Denver,CO80218     		None PC Scholarships to low-income children with hopes of attending private, mostly religious schools 10,000
    Bayaud Enterprises
    333 W Bayaud Avenue
    Denver,CO80223     		None PC Employment/Self-Sufficiency, salaries for employment specialists assisting with job placement and coaching to support retention. 30,000
    Bayaud Enterprises
    333 W Bayaud Avenue
    Denver,CO80223     		None PC Employment/ Self-Sufficiency, resource navigation, mental health counseling, emergency and supplemental food for individuals impacted by COVID-19. 5,000
    Blind Institute of Technology
    11149 W 17th Ave B2-101
    Lakewood,CO80215     		None PC Employment/ Self-Sufficiency, Providing training, credentialing, job placement for underserved, low-income visually impared individuals. 12,000
    Blue Star Recyclers
    100 Talamine Court
    Colorado Springs,CO80907     		None PC Employment/ Self-Sufficiency, to support wages for individuals experiencing disabilities. 15,000
    Boys and Girls Clubs of San Luis Valley
    1115 Tenth Street PO Box 1032
    Alamosa,CO81101     		None PC Removing Barriers to Employment, providing skills to San Luis Valley youth to help them prepare for the workforce. 25,000
    Bridge House
    5345 Arapahoe Ave Unit 5
    Boulder,CO80303     		None PC Employment/ Self-Sufficiency, to be used to fund Ready to Work program, Boulder and Aurora locations, including employment specialists. 50,000
    Broomfield Council on the Arts & Humanities
    PO Box 681
    Broomfield,CO800380681     		None PC Arts, Culture & Sciences, programming to support community events, spring and fall concerts. 2,500
    Capitol Hill Community Services
    3615 S Huron St 206
    Englewood,CO80110     		None PC Removing Barriers to Employment, lunchtime meals for individuals experiencing homelessness. 5,000
    Capitol Hill Community Services
    3615 S Huron St 206
    Englewood,CO80110     		None PC To provide the homeless and poor with a reliable source of nutrition that will enable a return to a self sufficient life. 50,000
    Capitol Hill Community Services
    3615 S Huron St 206
    Englewood,CO80110     		None PC To provide the homeless and poor with a reliable source of nutrition that will enable a return to a self sufficient life. 5,000
    CEDS Finance
    1450 S Havana St 620
    Aurora,CO80012     		None PC Entrepreneurism, cost to offset administering Sistahbiz Loan Fund, including underwriting, loan servicing and reporting. 15,000
    CEDS Finance - Sistahbiz
    1450 S Havana St
    Aurora,CO80012     		None PC Entrepreneurism, programs and operations for Sistahbiz Global Network program. 25,000
    Center for Work Education and Employment (CWEE)
    1175 Osage Street Suite 300
    Denver,CO80204     		None PC COVID-19 emergency response grant. 5,000
    Center for Employment Opportunities
    3532 Franklin Street Suite S
    Denver,CO80205     		None PC Employment/ Self-Sufficiency, to support expansion into Colorado for costs related to work crews, travel for meetings, insuring staff and participants. 25,000
    Center for Employment Opportunities
    3532 Franklin Street Suite S
    Denver,CO80205     		None PC Employment/ Self-Sufficiency, to help fund winter clothing fund for formerly incarcerated individuals working in outdoor environments. 1,500
    Colorado Ballet Company
    1075 Santa Fe Drive
    Denver,CO80204     		None PC Arts, Culture & Sciences, emergency response as a result of COVID-19. 10,000
    Colorado Business Committee for the Arts
    789 Sherman Street 280
    Denver,CO80203     		None PC Entrepreneurism, providing virtual programming to creative workforce for training and professional development. 10,000
    Colorado Community College System Foundation
    9101 E Lowry Blvd
    Denver,CO80230     		None PC Employment/ Self-Sufficiency, Last Mile Scholarship Program, to retain students and provide financial support to students within 15 credits of graduating. 52,500
    Colorado Historical Society DBA History Colorado
    PO BOX 5941
    Denver,CO80217     		None PC Arts, Culture & Sciences, general operating support. 10,000
    Colorado Lawyers Committee
    1401 Lawrence Street Suite 2300
    Denver,CO80202     		None PC Removing Barriers to Employment, general operating support. 10,000
    Colorado Lions KidSight Program
    8200 S Quebec St A3-704
    Centennial,CO80112     		None PC Providing vision screenings and follow ups when required for children ages 6 months through 6 years old in Colorado. 10,000
    Denver Museum of Nature & Science
    2001 N Colorado Blvd
    Denver,CO802055798     		None PC Support for the Paleontology Lab, specifically for equipment. 5,000
    Denver Museum of Nature & Science
    2001 N Colorado Blvd
    Denver,CO802055798     		None PC Arts, Culture & Sciences, general operating support. 10,000
    Colorado Nonprofit Development Center
    789 Sherman St Suite 250
    Denver,CO80203     		None PC Entrepreneurism, transforming current economic system to a more inclusive and equitable model, general operating support. 7,500
    Colorado Springs Child Nursery Centers Inc
    104 E Rio Grande Street
    Colorado Springs,CO80903     		None PC Entrepreneurism, to support operations of Home Network of Pikes Peak Region, part of Early Connections Learning Centers. 25,000
    Colorado Springs Children's Chorale
    PO Box 7841
    Colorado Springs,CO80933     		None PC Arts, Culture & Sciences, board discretionary grant to be used for general operating support. 5,000
    Colorado Symphony Association
    Boettcher Concert Hall DCPA Complex
    Denver,CO802022333     		None PC Arts, Culture & Sciences, to support remaining 2019-2020 season in light of current pandemic. 10,000
    Community Resource Center
    789 Sherman St Suite 210
    Denver,CO80203     		None PC To support Rural Philanthropy Days programming. 10,000
    Denver Children's Home
    1501 Albion Street
    Denver,CO802201028     		None PC To support initiative aimed at addressing how racial equity can engage staff and Board members alike. 5,000
    Denver Homeless VOICE
    989 Santa Fe Dr
    Denver,CO80204     		None PC Removing Barriers to Employment, to support the monthly newspaper that highlights issues of homelessness and poverty, and providing an income opportunity for low-income individuals. 15,000
    Denver Homeless VOICE
    989 Santa Fe Dr
    Denver,CO80204     		None PC Removing Barriers to Employment, to support the monthly newspaper that highlights issues of homelessness and poverty, and providing an income opportunity for low-income individuals. 5,000
    Denver Lions Foundation
    1373 Grant Street
    Denver,CO80203     		None PC The grant will provide funding for cataract and retinal surgeries, to provide corneas for income-qualified people, and to provide low-income individuals with eye exams and eyeglasses. 10,000
    Denver Lyric Opera Guild
    PO Box 339
    Englewood,CO80151     		None PC Arts, Culture & Sciences, for the annual Competition for Colorado Singers, a professionally conducted and judged competition. 10,000
    Denver Rescue Mission
    6100 Smith Road
    Denver,CO80216     		None PC Employment/ Self-Sufficiency, for the New Life Rehabilitation and Work Readiness Program, a 12 month job preparation program for homeless men. 15,000
    Denver South High School
    1700 East Louisiana Avenue
    Denver,CO80210     		None PC To support a scorekeeper and concession stand for the Denver South High School Baseball Team. Board/staff discretionary grant. 5,000
    Denver Urban Gardens
    1031 33rd Street Suite 100
    Denver,CO80205     		None PC To cultivate gardeners, grow food and nourish community through community gardens, ongoing expertise. Board/staff discretionary grant. 5,000
    Denver Urban Gardens
    1031 33rd Street Suite 100
    Denver,CO80205     		None PC Food Access program, including Grow a Garden project for 1,500 individuals, offsetting food costs and empowering individuals and families to gain control of their own food production. 5,000
    Denver Zoological Foundation
    2300 Steele Street
    Denver,CO80205     		None PC Arts, Culture & Sciences, general operating support. 10,000
    E for All
    175 Cabot St
    Lowell,MA01854     		None PC Entrepreneurism, supporing entrepreneurs outside the mainstream with education and support. 5,000
    E for All
    175 Cabot St
    Lowell,MA01854     		None PC Entrepreneurism, supporing entrepreneurs outside the mainstream with education and support. 30,000
    Eagle Valley Religious Foundation
    PO Box 1828
    Edwards,CO81632     		None PC General operating expenses. 10,000
    Emily Griffith Foundation
    1860 Lincoln St Suite 605
    Denver,CO80218     		None PC To purchase Chromebooks or similar laptops, for use by EGTC's staff and students during the COVID-19 pandemic. 10,000
    First Baptist Church of Denver
    1373 Grant Street
    Denver,CO80203     		None PC For building/maintenance expenses. 15,000
    Flamenco Denver
    820 Fox Street
    Denver,CO80210     		None PC Arts, Culture & Sciences, general operating support, Board discretionary grant. 2,500
    Focus Points Family Resource Center
    2501 East 48th Avenue
    Denver,CO80216     		None PC Entrepreneurism, for the Comal Heritage food incubator, providing employment and business generation resources for aspiring entrepreneurs. 25,000
    Focus Points Family Resource Center
    2501 East 48th Avenue
    Denver,CO80216     		None PC For programming including family wellness, early childhood education, adult education, English as a second language acquisition and economic opportunity through workforce development initiatives. 5,000
    Food Bank of the Rockies
    10700 East 45th Avenue
    Denver,CO80239     		None PC For food distribution across Colorado. 17,500
    Food Bank of the Rockies
    10700 East 45th Avenue
    Denver,CO80239     		None PC To support general operating expenses related to COVID-19 emergency response. 5,000
    Gabby Krause Foundation
    7200 S Alton Way B-130
    Centennial,CO80112     		None PC For the Bags of Fun project, board discretionary grant. 10,000
    Girls Incorporated of Metro Denver
    1499 Julian St
    Denver,CO80204     		None PC To help girls reach their full potential through academic and enrichment support. 5,000
    Girls Incorporated of Metro Denver
    1499 Julian St
    Denver,CO80204     		None PC To support Girls Inc.'s social enterprise, Strong, Smart and & Bold Beans. 10,000
    Good Business Colorado
    1420 N Ogden St G2
    Denver,CO80218     		None PC For the Meals for Unsung Heroes Project. 1,000
    Goodwill of Colorado
    1460 Garden of the Gods Road
    Colorado Springs,CO80907     		None PC For capital support for the Federal campus renovation project and the BankWork$ program. 75,000
    Goodwill of Colorado
    1460 Garden of the Gods Road
    Colorado Springs,CO80907     		None PC To support the BankWork$ program. 100,000
    Gunnison Arts Center
    102 S Main St
    Gunnison,CO81230     		None PC Arts, Culture & Sciences, general operating expenses. 15,000
    Hands of the Carpenter
    16097 S Golden Road
    Golden,CO80401     		None PC Removing Barriers to Employment, for the Good Neighbor Garage Program, providing automative services for single women and moms in need. 20,000
    Homeward Bound of the Grand Valley Inc
    2853 North Ave
    Grand Junction,CO81501     		None PC Removing Barriers to Employment, for life skills vocational training program. 20,000
    Hope Communities
    2543 California Street
    Denver,CO80205     		None PC Removing Barriers to Employment, for workforce develoment, career training and transition. 15,000
    Hope Communities
    2543 California Street
    Denver,CO80205     		None PC For COVID-19 Emergency Relief funding. 20,000
    IMPACT CHARITABLE
    1536 Wynkoop Street Suite 223
    Denver,CO80202     		None PC To support Colorado workers who are not receiving stimulus or other Federal financial aid due to their status as undocumented workers. 10,000
    Institute for Leaders in Development at University of Denver
    2197 S University Blvd Suite 301
    Denver,CO80208     		None PC To provide high quality continuing education to Colorado's future nonprofit leaders. 5,000
    Jefferson Symphony Orchestra
    PO Box 546
    Golden,CO80401     		None PC Arts, Culture & Sciences, general operating expenses. 5,000
    Kids at their Best
    PO Box 382
    Fort Morgan,CO80701     		None PC Employment/ Self-Sufficiency, to help fund staff for summer meals program. 10,000
    Kids at their Best
    PO Box 382
    Fort Morgan,CO80701     		None PC Employment/ Self-Sufficiency, supporting youth employment program. 5,000
    Kids in Need of Dentistry KIND
    2465 South Downing Street Suite 210
    Denver,CO80210     		None PC Removing Barriers to Employment, to increase oral health and happiness of Colorado children by eliminating dental disease through treatment and education. 6,500
    La Puente Home Incorporated
    PO Box 1235
    Alamosa,CO81101     		None PC Removing Barriers to Employment, For food, shelter and stability for individuals in need. 17,500
    La Puente Home Incorporated
    PO Box 1235
    Alamosa,CO81101     		None PC Employment/ Self-Sufficiency, stabilization and support services for those seeking employment. 50,000
    La Puente Home Incorporated
    PO Box 1235
    Alamosa,CO81101     		None PC General operating expenses. 5,000
    La Puente Home Incorporated
    PO Box 1235
    Alamosa,CO81101     		None PC To be used for Eviction Prevention for clients whose inability to pay their outstanding rental balances. 5,000
    Lamar Community College Foundation
    2401 South Main Street
    Lamar,CO81052     		None PC To fund Nursing/Allied Health Debriefing Room. 25,000
    Littleton Town Hall Arts Center
    2450 W Main Street
    Littleton,CO80120     		None PC Arts, Culture & Sciences, for program expenses. 5,000
    Manna Soup Kitchen
    1100 Avenida del Sol PO Box 1196
    Durango,CO81301     		None PC Removing Barriers to Employment, for the Culinary Training program. 15,000
    Manna Soup Kitchen
    1100 Avenida del Sol PO Box 1196
    Durango,CO81301     		None PC To purchase food, to-go containers and pay staff to continue services to keep up with increased demand for those experiencing food insecurity. 5,000
    Metro Caring
    1100 E 18th Avenue
    Denver,CO80218     		None PC To provide food and basic needs to individuals in need. 10,000
    Mi Casa Resource Center
    345 S Grove St
    Denver,CO80219     		None PC Employment/ Self-Sufficiency, to support the Career and Business Pathways program. 25,000
    Mi Casa Resource Center
    345 S Grove St
    Denver,CO80219     		None PC To support staff to continue necessary work and cover a portion of the deficit accrued for necessary work time reallocated due to COVID-19. 5,000
    Mile High WorkShop
    13280 E Mississippi Ave
    Aurora,CO80012     		None PC Employment/ Self-Sufficiency, general operations for ongoing efforts to provide work experience and support for individuals confronting cycles of intergenerational poverty. 25,000
    Mount Carmel Veterans Service Center
    530 Communication Circle
    Colorado Springs,CO80905     		None PC Employment/ Self-Sufficiency, for employment and transition programs. 25,000
    Muse Performance Space
    1655 Saratoga Dr
    Lafayette,CO800269025     		None PC To support Colorado community of professional musicians with basic needs as a result of the COVID-19 pandemic. 5,000
    Museum of Contemporary Art Denver
    1485 Delgany Street
    Denver,CO80202     		None PC Arts, Culture & Sciences, for the teen art program. 10,000
    Museum of Friends
    PO Box 506 109 East 6th Street
    Walsenburg,CO81089     		None PC Arts, Culture & Sciences, to support general operating expenses. 10,000
    Opera Colorado
    4121 South Navajo Street Suite 100
    Englewood,CO80110     		None PC Arts, Culture & Sciences, to support programming. 10,000
    Outreach United Resource Center Inc (OUR Center)
    220 Collyer St
    Longmont,CO80501     		None PC Community Engagement, to provide emergency relief funds to families during COVID-19 pandemic. 50,000
    Phamaly Theatre Company
    3532 Franklin Street Suite T2
    Denver,CO80205     		None PC Arts, Culture & Sciences, support during COVID-19 pandemic. 10,000
    Prodigy Ventures
    3801 E 40th Avenue
    Denver,CO80205     		None PC Employment/ Self-Sufficiency, for programs supporting youth during year-long apprenticeships. 20,000
    Prodigy Ventures
    3801 E 40th Avenue
    Denver,CO80205     		None PC Emergency response during COVID-19 pandemic. 5,000
    Project Self-Sufficiency of Loveland-Fort Collins
    375 W 37th Street 150
    Loveland,CO80538     		None PC Employment/ Self-Sufficiency, to provide low-income single parents to ocvercome life barriers and challenges. 20,000
    Reciprocity Collective
    1043 E 20th Ave
    Denver,CO80205     		None PC Removing Barriers to Employment, to continue to develop and expand work to end the cycle of generational poverty. 7,500
    Rocky Mountain MicroFinance Institute
    PO Box 48138
    Denver,CO80204     		None PC Entrepreneurism, for personal stability, entrepreneurial spark and business feasibility. 5,000
    Rocky Mountain MicroFinance Institute
    PO Box 48138
    Denver,CO80204     		None PC Entrepreneurism, help defining pathways to self sufficiency for enterpreneurs in need. 50,000
    Rocky Mountain MicroFinance Institute
    PO Box 48138
    Denver,CO80204     		None PC Entrepreneurism, to support small businesses during the COVID-19 pandemic. 10,000
    Rocky Mountain Multiple Sclerosis Center
    8845 Wagner Street
    Westminster,CO80013     		None PC To support the King Adult Day Enrichment Program operating expenses. 20,000
    Saint Francis Center
    2323 Curtis Street
    Denver,CO80205     		None PC Removing Barriers to Employment, for programs addressing barriers to employment for homeless adults, such as mental illness, trauma, chronic disability and access to transportation. 5,000
    Saint Francis Center
    2323 Curtis Street
    Denver,CO80205     		None PC Removing Barriers to Employment, to address barriers to employment for homeless adults, such as mental illness, trauma and chronic disability. 45,000
    San Luis Valley Great Outdoors
    610 State Ave
    Alamosa,CO81101     		None PC Employment/ Self-Sufficiency, for the GO! Job training trail building program. 15,000
    San Luis Valley Local Food Coalition
    PO Box 181
    Alamosa,CO81101     		None PC Removing Barriers to Employment, for the Farmer Incubator program at the Rio Grande Farm Park. 10,000
    Second Chance Center Inc
    224 Potomac Street
    Aurora,CO80011     		None PC Removing Barriers to Employment, for job training, employment and housing for people leaving prison. 40,000
    Second Chance Center Inc
    224 Potomac Street
    Aurora,CO80011     		None PC Removing Barriers to Employment, funding for those who have lost employment. 5,000
    So All May Eat Inc (SAME Caf)
    2023 E Colfax Avenue
    Denver,CO80206     		None PC Employment/ Self-Sufficiency, for the Cook to Work program. 20,000
    So All May Eat Inc (SAME Caf)
    2023 E Colfax Avenue
    Denver,CO80206     		None PC Employment/ Self-Sufficiency, in response to the COVID-19 pandemic. 5,000
    Southwest Colorado Accelerator Program for Entrepreneurs (SCAPE)
    835 Main 225
    Durango,CO81301     		None PC Entrepreneurism, for the SCAPE Accelerator Program. 20,000
    Springs Rescue Mission
    5 W Las Vegas St
    Colorado Springs,CO80903     		None PC Removing Barriers to Employment, for skill-based training, life and soft skills coaching for individuals experiencing poverty. 25,000
    St Elizabeth's School
    2350 Gaylord St
    Denver,CO80205     		None PC For general operating support. 10,000
    Swallow Hill Music Association
    71 E Yale Ave
    Denver,CO80210     		None PC Arts, Culture & Sciences, for general operating support. 10,000
    The Delores Project
    PO Box 1406
    Denver,CO80201     		None PC Removing Barriers to Employment, for the Steps to Stability program, providing longer-term extended stay shelter for up to two years paired with individualized case management. 15,000
    The Delores Project
    PO Box 1406
    Denver,CO80201     		None PC Removing Barriers to Employment, for shelter services and basic needs for guests most at risk for exposure to COVID-19. 5,000
    The Gathering Place
    1535 High St
    Denver,CO80218     		None PC Removing Barriers to Employment, COVID-19 Emergency response funding. 5,000
    The Gathering Place
    1535 High St
    Denver,CO80218     		None PC Removing Barriers to Employment, for the education and job readiness program. 10,000
    The Gathering Place
    1535 High St
    Denver,CO80218     		None PC Removing Barriers to Employment, emergency relief during COVID-19. 5,000
    The Master's Apprentice
    646 Mariposa St
    Denver,CO80204     		None PC Employment/ Self-Sufficiency, to help underserved men and women find sustainable career placement in construction. 25,000
    There With Care
    2401 South Colorado Blvd Suite A
    Denver,CO80222     		None PC Employment/ Self-Sufficiency, for direct assistance for families seeking basic needs during COVID-19 pandemic. 10,000
    UpRoot Colorado
    PO Box 797
    Carbondale,CO81623     		None PC Employment/ Self-Sufficiency, for the Farm & Food Workforce pilot project. 12,000
    Urban Peak Denver
    2100 Stout Street
    Denver,CO80205     		None PC Removing Barriers to Employment, for the Education and Employment program. 10,000
    Village Exchange Center
    1609 Havana Street
    Aurora,CO80010     		None PC Removing Barriers to Employment, for the mobile food pantry, providing food delivery to more than 2,500 people. 5,000
    Village Exchange Center
    1609 Havana Street
    Aurora,CO80010     		None PC Removing Barriers to Employment, for food pantry and farmers training program. 15,000
    Village Exchange Center
    1609 Havana Street
    Aurora,CO80010     		None PC Removing Barriers to Employment, providing critical food support to low-income neighbors from 28 counties. 5,000
    Warren Village Inc
    1323 Gilpin Street
    Denver,CO80218     		None PC Removing Barriers to Employment, to support families in need with emergency services. 25,000
    WINGS Foundation Inc
    3900 S Wadsworth Blvd Suite 430
    Lakewood,CO80235     		None PC For general operating support/Board discretionary grant. 10,000
    Women's Bean Project
    3201 Curtis Street
    Denver,CO80205     		None PC Employment/ Self-Sufficiency, for transitional job designed to provide immediate income, training and interpersonal skills. 20,000
    Women's Bean Project
    3201 Curtis Street
    Denver,CO80205     		None PC Employment/ Self-Sufficiency, funding emergency needs such as transportation. 10,000
    WorkLife Partnership
    99 Inca Street
    Denver,CO80223     		None PC Employment/ Self-Sufficiency, supporting general operating support. 5,000
    WorkLife Partnership
    99 Inca Street
    Denver,CO80223     		None PC Employment/ Self-Sufficiency, to support the Resource Navigator Program. 35,000
    WorkLife Partnership
    99 Inca Street
    Denver,CO80223     		None PC Employment/ Self-Sufficiency, in response to the COVID-19 pandemic. 10,000
    Year One Inc dba Mile High Youth Corps
    1801 Federal Blvd
    Denver,CO80204     		None PC Employment/ Self-Sufficiency, economic self-sufficiency programs for youth. 20,000
    Young Americans Center for Financial Education
    3550 East First Ave
    Denver,CO80206     		None PC Entrepreneurism, YouthBiz programs for entrepreneurship education and experiences for Denver area youth ages 11-18. 10,000
    Youth on Record
    1301 west 10th ave
    Denver,CO80204     		None PC Employment/ Self-Sufficiency, to support out of school time programs preparing youth 14-24 to launch meaningful and sustainable careers in the creative industries. 20,000
    Total .................................bullet 3a 1,968,000
    bApproved for future payment
    Total .................................bullet 3b 0
    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 1,898,218  
    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 22,528  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -5,050,059  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 -3,129,313 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -3,129,313
    (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

    TY 2020 AccountingFeesSchedule
    Name:
    Kenneth Kendal King Foundation
    EIN:
    84-1148157
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Kundinger, Corder & Engle, P.C. 19,200 2,880   16,320
    CliftonLarsonAllen 26,730 4,010   22,720

    TY 2020 AllOthProgRltdInvestmentsSch
    Name:
    Kenneth Kendal King Foundation
    EIN:
    84-1148157
    Category Amount
    The Foundation made a loan to a for-profit organization to provide resources for their emergency mask program in response to the COVID-19 pandemic. The loan was repaid during 2020. 10,000
    The Foundation made a loan to a nonprofit organization to support lower income workers with emergency financial assistance. 25,000

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

    TY 2020 ExpenditureResponsibilityStmt
    Name:
    Kenneth Kendal King Foundation
    EIN:
    84-1148157
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    WeeSchool Inc
          		6295 Greenwood Plaza Blvd 100
    Greenwood Village,CO80111     		2016-11-04 200,000 The Foundation made an equity investment in this commercial organization that provides education to children from age birth to three. The Foundation's interest in the organization is to make education software available to underserved families, helping remove barriers to education. 200,000 The Foundation is not aware of any diversion of funds 4/15/20, 5/26/20, 7/27/20, 9/20/20, 10/20/20   The Foundation has no reason to doubt the accuracy or reliability of the report from the grantee, therefore, no independent verification of the report was made.
    Knotty Tie
          		989 Santa Fe Drive
    Denver,CO80204     		2017-06-26 175,000 The Foundation made an equity investment in this commercial organization that provides job training to refugees and immigrants through manufacturing scarves, ties and other small clothing accessories. 175,000 The Foundation is not aware of any diversion of funds 1/9/20, 1/10/20, 1/23/20, 3/18/20, 4/2/20, 4/21/20, 9/3/20, 12/15/20   The Foundation has no reason to doubt the accuracy or reliability of the report from the grantee, therefore, no independent verification of the report was made.
    Altius Farms
          		2500 Lawrence Street Suite 200
    Denver,CO80205     		2018-12-17 100,000 The Foundation has made an equity investment in Altius Farms for the purposes of employing low-income and disabled veterans, providing learning and educational opportunities for schools in Denver, and to provide produce at cost, or donated, to charitable organizations that provide fresh food to low-income residents in the River North community. 100,000 The Foundation is not aware of any diversion of funds 11/17/20, 10/21/20, 10/13/20, 4/6/20, 4/3/20, 3/12/20   The Foundation has no reason to doubt the accuracy or reliability of the report from the grantee, therefore, no independent verification of the report was made.
    Bits Box - Codepops
          		3080 Valmont Road Suite 200
    Boulder,CO80301     		2018-08-14 200,002 The Foundation has made an equity investment in Bits Box - Codepops for the purposes of reaching underserved and disadvantaged students. 200,002 The Foundation is not aware of any diversion of funds 1/24/20, 3/24/20, 9/8/20   The Foundation has no reason to doubt the accuracy or reliability of the report from the grantee, therefore, no independent verification of the report was made.
    Bits Box - Codepops
          		3080 Valmont Road Suite 200
    Boulder,CO80301     		2019-11-22 150,001 The Foundation made an additional equity investment in Bits Box - Codepops in 2019 for the purposes of reaching underserved and disadvantaged students. 0 The Foundation is not aware of any diversion of funds 1/24/20, 3/24/20, 9/8/20   The Foundation has no reason to doubt the accuracy or reliability of the report from the grantee, therefore, no independent verification of the report was made.
    Knotty Tie
          		989 Santa Fe Drive
    Denver,CO80204     		2020-04-03 10,000 The Foundation made a loan to Knotty Tie to provide resources for their emergency mask program in response to the COVID-19 pandemic. The loan was repaid during 2020. 10,000 The Foundation is not aware of any diversion of funds 7/20   The Foundation has no reason to doubt the accuracy or reliability of the report from the grantee, therefore, no independent verification of the report was made.
    Colorado Lending Source
          		1441 18th Street
    Denver,CO80202     		2017-12-22 431,442 The Foundation has made a program related investment in a loan fund which will be used solely to lend to businesses led by underserved entreprenuers struggling to secure credit. The loan fund is part of the Colorado Main Street Lending Program. 116,500 The Foundation is not aware of any diversion of funds 1/17/20, 2/25/20, 3/31/20, 4/2/20, 4/21/20, 7/2/20, 8/4/20, 8/6/20, 10/30/20   The Foundation has no reason to doubt the accuracy or reliability of the report from the grantee, therefore, no independent verification of the report was made.

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Kenneth Kendal King Foundation
    EIN:
    84-1148157
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Marketable securities managed internally, and custodied by Fidelity 31,258,813 56,632,232

    TY 2020 InvestmentsOtherSchedule2
    Name:
    Kenneth Kendal King Foundation
    EIN:
    84-1148157
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Wetar III Partnership FMV 183,772 561,540

    TY 2020 OtherAssetsSchedule
    Name:
    Kenneth Kendal King Foundation
    EIN:
    84-1148157
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Program related investments 1,521,810 1,713,212 1,713,212


    TY 2020 OtherExpensesSchedule
    Name:
    Kenneth Kendal King Foundation
    EIN:
    84-1148157
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Dues and subscriptions 50,484 0   50,484
    Insurance 20,408 0   20,408
    Office expenses 6,933 0   6,933
    Miscellaneous 276 0   276
    Payments to retirees 151,821 0   151,821
    Board expenses 2,528 0   2,528
    IT 7,503 0   7,503
    Professional development 300 0   300


    TY 2020 OtherIncomeSchedule2
    Name:
    Kenneth Kendal King Foundation
    EIN:
    84-1148157
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Wetar partnership income 8,543 8,543 8,543
    PRI loan interest income 13,146 13,146 13,146
    Securities litigation proceeds 839 839 839


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Kenneth Kendal King Foundation
    EIN:
    84-1148157
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Cindy J Willard Consulting LLC 46,125 0   46,125
    Omotola Williams 2,338 0   2,338
    Josh Cashman 7,000 0   7,000
    Other contractor fees 1,452 0   1,452