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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
ACTC FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)6813 S ROUTT ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LITTLETON, CO801274958
A Employer identification number

42-1603802
B Telephone number (see instructions)

(303) 748-9582
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$10,184,567J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 349 349  
4 Dividends and interest from securities... 152,104 152,104  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 257,766
b Gross sales price for all assets on line 6a 1,320,073
7 Capital gain net income (from Part IV, line 2)... 257,766
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 874 874 0
12 Total. Add lines 1 through 11........ 411,093 411,093 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 75,600 0 0 75,600
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 32,699 0 0 32,699
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 5,500 0 0 5,500
c Other professional fees (attach schedule).... Click to see attachment 63,273 63,273 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,488 59 0 6,429
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 173 0 0 173
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 9,671 0 0 8,671
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 193,404 63,332 0 129,072
25 Contributions, gifts, grants paid....... 314,163 314,163
26 Total expenses and disbursements. Add lines 24 and 25 507,567 63,332 0 443,235
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -96,474
b Net investment income (if negative, enter -0-) 347,761
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 15,592 130,604 130,604
2 Savings and temporary cash investments......... 144,932 171,626 171,626
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)....... 3,484,111 Click to see attachment3,313,724 4,577,018
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).......... 3,757,080 Click to see attachment3,832,729 5,305,319
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment1,789,282 Click to see attachment2,735,884 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,190,997 10,184,567 10,184,567
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........... 9,190,997 10,184,567
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 9,190,997 10,184,567
30 Total liabilities and net assets/fund balances (see instructions). 9,190,997 10,184,567
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
9,190,997
2
Enter amount from Part I, line 27a .....................
2
-96,474
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,094,878
4
Add lines 1, 2, and 3 ..........................
4
10,189,401
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
4,834
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
10,184,567
Form 990-PF (2021)
Form 990-PF (2021)
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 PUBLIC STORAGE 5.125%PFD PERP SER C CUM P 2016-07-26 2021-06-30
b WELLS FARGO & CO 5.25% PFD DEP SHS RPSTG1/1000TH-A P 2014-07-09 2021-03-15
c FIDELITY GOVERNMENT PORTFOLIO INSTITUTIONAL P 2019-01-02 2021-01-05
d FIDELITY GOVERNMENT PORTFOLIO INSTITUTIONAL P 2019-01-02 2021-10-14
e MARSH AND MCLENNAN COMPANIES INC P 2021-08-23 2021-10-12
AT&T OMC P 2018-07-23 2021-05-25
AMERICAN ELECTRIC POWER INC P 2017-01-06 2021-10-12
BANK NEW YORK MELLON CORP P 2020-10-01 2021-10-12
CISCO SYSTEMS INC P 2017-01-06 2021-10-12
COMCAST CORP NEW CL A P 2019-12-12 2021-10-12
DIAGEO PLC P 2018-07-23 2021-09-10
DOVER CORP COMMON P 2017-01-06 2021-10-12
GENL DYNAMICS CORP P 2017-01-06 2021-10-12
GENUINE PARTS CO COM P 2017-01-06 2021-10-12
GILEAD SCIENCES INC P 2020-08-04 2021-10-12
HOME DEPOT INC P 2017-01-06 2021-10-12
ILLINOIS TOOL WORKS INC P 2017-01-06 2021-10-12
INTEL CORP P 2018-07-23 2021-10-26
INTERNATIONAL BUSINESS MACHINE CORP P 2017-01-06 2021-10-12
INTUIT INC P 2020-08-04 2021-10-12
JOHNSON & JOHNSON P 2017-01-06 2021-10-12
KIMBERLY-CLARK CORP P 2017-01-06 2021-10-12
KYNDRL HLDGS INC P 2018-07-23 2021-11-04
LOCKHEED MARTIN CORP P 2017-01-06 2021-10-12
M & T BANK CORP P 2017-01-06 2021-10-12
MCDONALDS CORP P 2017-01-06 2021-10-12
MERCK & CO INC NEW P 2018-02-08 2021-10-12
MICROSOFT CORP P 2017-01-06 2021-10-12
NEXTERA ENERGY INC P 2017-01-06 2021-10-12
ORGANON & CO P 2018-10-02 2021-08-18
PEPSICO INCORPORATED P 2017-01-06 2021-10-12
PHILLIPS 66 P 2017-01-06 2021-10-12
PROCTOR & GAMBLE CO P 2017-01-06 2021-10-12
STARBUCKS CORP P 2019-08-13 2021-10-12
TARGET CORP P 2017-12-21 2021-10-12
US BANCORP NEW P 2017-01-06 2021-10-12
UNITED PARCEL SERVICE-B P 2017-01-06 2021-10-12
VERIZON COMMUNICATIONS COM P 2017-01-06 2021-10-12
WALGREENS BOOTS ALLIANCE INC P 2017-01-06 2021-10-12
WASTE MGMT INC DEL P 2017-01-06 2021-10-12
XCEL ENERGY P 2020-08-07 2021-10-12
ANHEUSER BUSCH INBEV P 2020-09-14 2021-02-16
ENGIE SPON ADR P 2021-03-18 2021-07-20
GLOBAL PAYMENTS INC P 2020-01-31 2021-01-28
TERUMO CORP-UNSPON ADR P 2020-09-30 2021-01-28
AES CORP P 2020-01-31 2021-12-02
AIRBUS SE ADR P 2019-08-23 2021-05-05
AMERICAN TOWER CORP REIT P 2020-01-31 2021-05-05
APPLE INC P 2019-08-23 2021-07-20
CHARTER COMMUNICATIONS P 2020-01-31 2021-02-19
CHEVRON CORPORATION P 2019-08-23 2021-07-20
DNB BANK ASA ADR SPONSORED P 2019-08-23 2021-07-20
DIAGEO PLC SPONSORED ADR NEW P 2020-01-31 2021-05-05
AMEX CONSUMER DISCR SPDR P   2021-02-26
AMEX TECHNOLOGY SELECT SPDR P   2021-02-26
CONSUMER STAPLES SECTOR SPDR TR P   2021-02-26
HEALTHCCARE SELECT SPECTOR P   2021-02-26
INVESCO OPTIMUM YIELD DIVERS P   2021-02-26
ISHARES MSCI USA QUALITY FAC ETF P   2021-02-26
ISHARES S&P MID-CAP 400 VALUE P   2021-02-26
ISHARES S&P MID-CAP 400 GROWTH P   2021-02-26
VANGUARD FTSE EMERGING MARKETS ETF P   2021-02-26
VANGUARD MIDCAP VIPER P   2021-02-26
GOLDMAN ACTOVEBETA IS LC ETF P   2021-03-31
ISHARES S&P MID-CAP 400 VALUE P   2021-03-31
ISAHRES S&P MID-CAP 400 GROWTH P   2021-03-31
PGIM HIGH YEILD-Q #1067 P   2021-03-30
VANGUARD DIVIDEND APPRECIATION P   2021-03-31
VANGUARD MIDCAP VIPER P   2021-03-31
AMEX TECHNOLOGY SELECT SPDR P   2021-07-29
GOLDMAN ACTIVEBETA US LC ETF P   2021-07-29
HEALTHCCARE SELECT SPECTOR P   2021-07-29
INVESCO OPTIMUM YIELD DIVERS P   2021-07-29
ISHARES CORE U.S. AGGREGATE ETF P   2021-07-29
ISHARES RUSSELL 2000 ETF P   2021-07-29
ISHARES S&P MID-CAP 400 GROWTH P   2021-07-29
VANGUARD DIVIDEND APPRECIATION P   2021-07-29
VANGUARD MIDCAP VIPER P   2021-07-29
ENEL SOCIETA PER AZIONI P 2020-01-15 2021-01-28
FACEBOOK INC P 2020-01-31 2021-02-16
GENMAB A/S SPON ADR P 2019-08-23 2021-02-16
GLOBAL PAYMENTS INC P 2019-08-23 2021-02-16
JACK HENRY & ASSOC INC P 2020-01-31 2021-02-16
INTEL CORP P 2020-01-31 2021-11-17
LVMH MOET HENNESSY LOUIS VUITTON P 2019-08-23 2021-01-28
NOVO NORDISK A S ADR P 2019-08-23 2021-05-05
PERNOD-RICARD SA UNSPON ADR P 2020-01-31 2021-03-26
RECKITT BENCKISER ADR PLC SPONSORED ADR P 2019-08-23 2021-08-11
ROYAL KPN N V SPN ADR P 2020-04-07 2021-12-02
RYANAIR HLDGS PLC SPONSORED ADR NEW P 2019-08-23 2021-01-28
SEAGEN INC P 2019-08-23 2021-07-20
TAIWAN SEMICONDUCTOR MFG CO LTD ADR P 2019-08-23 2021-02-16
TENCENT HOLDINGS LTD-UNSP ADR P 2020-01-15 2021-02-16
WABTEC P 2020-01-31 2021-03-17
ASML HOLDING NV NY REGISTRY SHS NEW 2012 P 2019-08-23 2021-04-26
CME GROUP INC P 2019-08-23 2021-07-20
PEOPLE'S UNITED FINANCL P 2018-10-02 2021-06-03
(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 101,500   107,150 -5,650
b 153,750   149,978 3,772
c 50,000   50,008 -8
d 71,993   72,001 -8
e 629   627 2
31,108   41,151 -10,043
1,072   817 255
724   443 281
379   211 168
1,357   1,115 242
28,176   17,650 10,526
1,736   684 1,052
612   528 84
1,131   869 262
473   497 -24
2,705   1,067 1,638
1,501   856 645
55,712   45,206 10,506
281   335 -54
2,117   1,239 878
632   465 167
798   694 104
833   1,499 -666
2,510   1,798 712
453   468 -15
1,227   599 628
1,592   1,055 537
4,112   874 3,238
2,052   769 1,283
3,046   2,489 557
1,255   835 420
1,565   1,641 -76
1,140   678 462
556   481 75
2,304   654 1,650
618   512 106
1,092   690 402
307   320 -13
380   660 -280
1,860   848 1,012
817   934 -117
5,495   4,791 704
3,758   4,211 -453
1,101   1,178 -77
2,509   2,529 -20
9,608   5,843 3,765
7,462   8,856 -1,394
12,244   11,265 979
4,236   1,520 2,716
5,489   3,655 1,834
3,993   4,803 -810
2,530   2,082 448
11,218   10,049 1,169
41,671   15,700 25,971
41,864   12,403 29,461
32,135   23,446 8,689
17,732   10,304 7,428
4,935   3,368 1,567
124,570   100,159 24,411
4,007   2,268 1,739
2,485   1,065 1,420
2,048   1,481 567
2,224   1,644 580
1,181   1,165 16
4,614   2,490 2,124
21,844   9,252 12,592
64,201   60,594 3,607
5,313   4,331 982
1,993   1,479 514
4,773   1,217 3,556
6,089   5,358 731
4,300   2,194 2,106
48,998   29,633 19,365
62,005   59,959 2,046
50,534   39,352 11,182
54,865   22,931 31,934
3,655   2,767 888
7,612   5,260 2,352
2,841   2,329 512
5,483   3,698 1,785
2,296   1,137 1,159
6,603   5,832 771
5,102   5,040 62
7,838   7,525 313
6,644   4,242 2,402
4,434   3,155 1,279
8,568   8,326 242
5,739   5,449 290
5,797   4,869 928
2,562   1,491 1,071
2,754   1,490 1,264
9,864   3,178 6,686
1,537   820 717
5,883   5,284 599
12,198   3,854 8,344
2,304   2,339 -35
230   252 -22
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       -5,650
b       3,772
c       -8
d       -8
e       2
      -10,043
      255
      281
      168
      242
      10,526
      1,052
      84
      262
      -24
      1,638
      645
      10,506
      -54
      878
      167
      104
      -666
      712
      -15
      628
      537
      3,238
      1,283
      557
      420
      -76
      462
      75
      1,650
      106
      402
      -13
      -280
      1,012
      -117
      704
      -453
      -77
      -20
      3,765
      -1,394
      979
      2,716
      1,834
      -810
      448
      1,169
      25,971
      29,461
      8,689
      7,428
      1,567
      24,411
      1,739
      1,420
      567
      580
      16
      2,124
      12,592
      3,607
      982
      514
      3,556
      731
      2,106
      19,365
      2,046
      11,182
      31,934
      888
      2,352
      512
      1,785
      1,159
      771
      62
      313
      2,402
      1,279
      242
      290
      928
      1,071
      1,264
      6,686
      717
      599
      8,344
      -35
      -22
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 2 257,766
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 19,069
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 4,834
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 4,834
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 4,782
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 4,782
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 15
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 67
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 addressbulletN/A
    14
    The books are in care ofbulletDAVID CUTLER Telephone no.bullet (303) 748-9582

    Located atbullet6813 S ROUTT STLITTLETONCO ZIP+4bullet801274958
    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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
    No
    c
    .........bullet
    d
    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? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    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
    DAVID CUTLER PRES./DIR.
    1.00     		0 0 0
    6813 S ROUTT ST
    LITTLETON,CO80127
    KATHLEEN LAMBERT SECRETARY
    30.00     		37,800 0 0
    7707 W LAYTON WAY
    LITTLETON,CO80123
    MALVIN CUTLER VICE PRES.
    30.00     		37,800 0 0
    6813 S ROUTT ST
    LITTLETON,CO80127
    VERONICA CUTLER DIRECTOR
    1.00     		0 0 0
    205 139ST
    OCEAN CITY,MD21842
    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 (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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 VIII-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 VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    9,456,406
    b
    Average of monthly cash balances.......................
    1b
    231,376
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,687,782
    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
    9,687,782
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    145,317
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    9,542,465
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    477,123
    Part X
    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 IX, line 6..................
    1
    477,123
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    4,834
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,834
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    472,289
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    472,289
    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 XII, line 1 ...
    7
    472,289
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    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 XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 472,289
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018...... 6,890
    d From 2019...... 5,704
    e From 2020......  
    f Total of lines 3a through e ........ 12,594
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 443,235
    a Applied to 2020, 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 2021 distributable amount..... 443,235
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 12,594 12,594
    (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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		16,460
    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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    ELMCREST CHILDRENS CENTER
    960 SALT SPRINGS ROAD
    SYRACUSE,NY13224     		NONE POF TO HELP PROVIDE FUNDS FOR NEW PLAYGROUND EQUIPMENT AND LEARNING MATERIALS FOR STUDENTS. 2,500
    EPILEPSY FOUNDATION OF COLORADO
    5889 GREENWOOD PLAZA BLVD UNIT 404
    GREENWOOD VILLAGE,CO80111     		NONE PF FUNDS TO CONNECT, EDUCATE, AND EMPOWER TO IMPROVE THE LIVES OF EVERYONE AFFECTED BY EPILEPSY 54,163
    GENERAL FEDERATION OF WOMENS CLUBS
    6700 PUEBLO VIS
    LAS CRUCES,NM88007     		NONE POF SUPPORT LOCAL ORGANIZATIONS THROUGHOUT NEW MEXICO WITH PROJECTS THAT PROMOTE THE BETTERMENT OF OUR COMMUNITIES AND ITS CITIZENS BY ENHANCING THE LIVES OF OTHERS THROUGH VOLUNTEER SERVICE. 25,000
    TUTTI BAMBINI FOUNDATION
    300 EL MOLINO BLVD
    LAS CRUCES,NM88005     		NONE PC FUNDS TO HELP BUILD A NEW LEARNING CENTER AND IMPROVE RECREATIONAL EQUIPMENT FOR DISABLED CHILDREN. 25,000
    VICTIM ASSISTANCE UNIT OF THE DOUGLAS COUNTY SHERIFF'S OFFICE
    4000 JUSTICE WAY
    CASTLE ROCK,CO80109     		NONE PF FUNDS TO SUPPORT STAFF ADVOCATES AND DEDICATED VICTIM ASSISTANCE VOLUNTEERS. AN ADVOCATE IS ALWAYS AVAILABLE FOR CRISIS RESPONSE. 50,000
    GREAT ESCAPE MUSTANG SANCTUARY
    PO BOX 291
    HYGIENE,CO80533     		NONE PF FUNDS TO OFFER PRACTICAL SOLUTIONS, EDUCATION AND AWARENESS ABOUT MUSTANGS AND BURROS, COLLABORATE TO SUPPORT WILD HORSES AND BURROS BY PROVIDING TRAINING, ADOPTIONS AND SANCTUARY TO THOSE IN NEED. 7,500
    LAKEWOOD HIGH SCHOOL BOOOSTERS
    9700 W 8TH AVE
    LAKEWOOD,CO80215     		NONE POF FUNDS TO SUPPORT LAKEWOOD HIGH SCHOOL VOLLEYBALL STUDENTS WITH TRANSPORTATION AND EQUIPMENT. 5,000
    SUNY OSWEGO
    7060 NY - 104
    OSWEGO,NY13126     		NONE POF FUNDS FOR OPENING OF THE CUTLER SCHOLARSHIP FUND TO SUNY OSWEGO STATE UNIVERITY. 100,000
    SOUL SAVING STATION
    62 HENRY ST
    SARATOGA SPRINGS,NY12866     		NONE POF FUNDS FOR HELPING TO MAKE THE WORLD AROUND US A BETTER, HAPPIER PLACE WITH THE HELP OF OUR TIRELESS VOLUNTEERS. WE ORGANIZE SERVICES, MINISTRIES, FUNDRAISERS, EXCITING COMMUNITY-BUILDING EVENTS, AND IN-DEPTH TRAINING SESSIONS FOR OUR MEMBERS. 25,000
    FAMILY TREE INC
    3805 MARSHALL ST SUITE 100
    WHEAT RIDGE,CO80033     		NONE PC HELP PARTNER WITH PEOPLE TO PREVENT AND OVERCOME THE INTERCONNECTED ISSUES OF CHILD ABUSE, DOMESTIC VIOLENCE, AND HOMELESSNESS TO PROMOTE SAFETY, HEALING, AND SABILITY ACROSS GENERATIONS. 20,000
    Total .................................bullet 3a 314,163
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 ...........     		        349
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		        257,766
    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 0 411,093
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    411,093
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    1 N/A
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    ACTC FOUNDATION INC
    EIN:
    42-1603802
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 5,500 0 0 5,500

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    ACTC FOUNDATION INC
    EIN:
    42-1603802
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMERICAN ELECTRIC POWER 39,345 46,887
    AMGEN INC 43,891 52,418
    AUTOMATIC DATA PROCESSING 60,192 89,755
    BANK NEW YORK MELLON CORP 40,072 68,360
    CISCO SYSTEMS INC 38,790 68,947
    COMCAST CORP 61,214 71,871
    DOVER CORP COMMON 25,999 70,642
    GENL DYNAMICS CORP 55,222 64,834
    GENUINE PARTS CO COM 39,486 60,286
    GILEAD SCIENCES INC 43,050 47,197
    HOME DEPOT INC 60,990 165,174
    ILLINOIS TOOL WORKS INC 41,971 77,495
    INTERNATIONAL BUSINESS MACHINE CORP 34,198 29,539
    INTUIT 40,178 82,332
    JOHNSON & JOHNSON 57,935 77,666
    JPMORGAN CHASE & CO 42,123 72,524
    KIMBERLY-CLARK CORP 31,067 37,302
    LOCKHEED MARTIN CORP 59,836 76,413
    M&T BANK CORP 26,034 25,187
    MCDONALDS CORP 51,975 91,680
    MERCK & CO INC NEW 48,642 66,907
    MICROSOFT CORP 49,595 216,254
    NEXTERA ENERGY INC 32,896 81,970
    PEOPLE'S UNITED FINANCL 31,888 30,508
    PEPSICO INCORPOATED 40,582 60,451
    PHILLIPS 66 61,874 53,693
    PROCTER & GAMBLE CO 36,771 69,522
    STARBUCKS CORP 58,038 74,627
    TARGET CORP 44,308 146,964
    UNITED PARCEL SERVICE-B 39,720 76,519
    US BANCORP NEW 45,338 48,867
    VERIZON COMMUNICATIONS 43,152 42,555
    WALGREENS BOOTS ALLIANCE INC 51,709 34,843
    WASTE MGMT INC DEL 33,756 71,600
    XCEL ENERGY INC 41,094 39,740
    CITIGROUP INC VAR PFD 175,471 173,662
    GOLDMAN SACHS VAR NON-CUM PFD FIX/FLT SER J 129,771 135,821
    GOLDMAN SACHS VAR NON-CUM PFD FIX/FLT 75,028 75,101
    MORGAN STANLEY 6.375% PFD 124,885 132,145
    VORNADO REALTY 5.4% PFD 105,616 99,540
    WELLS FARGO VAR PFD 175,314 176,921
    ABB LTD 11,345 17,520
    ABBOTT LABORATORIES 9,360 15,622
    ACTIVISION BLIZZARD INC 11,155 12,441
    AIA GROUP LTD 20,389 20,969
    AIRBUS SE 9,616 8,807
    ALPHABET INC 8,514 20,255
    AMERICA MOVIL SAB DE 9,301 14,882
    AMETEK INC 12,688 19,703
    ANHEUSER BUSCH INBEV SA/NV-SPONSORED ADR 8,949 8,598
    AON PLC 13,550 18,935
    APPLE INC 8,609 23,972
    ASAHI KAISEI CORP ADR 10,709 10,541
    ASML HOLDING NV 9,087 28,661
    ASTRAZENECA PLC 14,180 17,999
    BRITISH AMERN TOB PLC SPON ADR 8,491 8,417
    BROADCOM INC 15,634 36,598
    CARLSBERG AS-B SPONSORED ADR 13,370 15,624
    CHEVRON CORPORATION 13,548 16,429
    CITIZENS FINANCIAL CORP INC 9,014 15,261
    CME GROUP INC 7,686 8,225
    COMCAST CORP NEW CL A 11,819 13,539
    COMPAGNIE FINANCIERE RICHEMONT SA-UNSPON ADR 7,413 17,207
    COSTCO WHSL CORP NEW COM 7,759 15,328
    CROWN CASTLE INTERNATIONAL CORP 6,040 8,558
    CSX CORP 8,027 13,536
    DANAHER CORP 10,523 20,070
    DANONE SPONSORED ADR 10,805 7,880
    DNB ASA SPONSORED ADR 7,438 10,029
    ENEL SOCIETA PER AZIONI ADR 10,372 10,937
    EQUINIX INC 3,961 5,921
    ESSILOR INTL-SPONSORED ADR 11,620 16,999
    GENMAB A/S SPON ADR 6,076 9,376
    GILEAD SCIENCES INC 8,253 9,367
    GODADDY INC CLASS A 10,175 12,729
    HILTON WORLDWIDE HOLDINGS INC 11,992 16,535
    HONEYWELL INTERNATIONAL INC 10,638 12,719
    INDUSTRIA DE DISENO TEXTILE INDITEX SA ADR 16,240 15,266
    INTERCONTINENTAL EXCH 10,258 15,044
    JPMORGAN CHASE & CO 13,467 19,002
    KERING S A SPON ADR 14,339 15,136
    KEYENCE CORP 7,885 17,140
    KLA CORP 6,465 18,065
    KONINKLIJKE PHILIPS N V NY REG SH 10,500 8,844
    LOREAL CO ADR 8,636 15,363
    LONDON STOCK ADR 11,247 9,059
    LVMH MOET HENNESSY LOUIS VUITTON 3,690 7,448
    MARSH AND MC LENNAN COMPANIES INC 7,950 12,341
    MICROSOFT CORP 16,226 32,287
    MOODY'S CORP 7,448 13,280
    NESTLE S A REG ADR 13,031 16,564
    NORTHROP GRUMMAN CORP 12,629 13,160
    NOVO NORDISK A S ADR 11,645 24,304
    PHILIP MORRIS INTERNATIONAL INC 13,197 14,440
    RECKITT BENCKISER ADR 11,862 12,285
    ROYAL CARIBBEAN CRUISES LTD 9,166 10,535
    RYANAIR HLDGS PLC SPONSORED ADR 5,393 7,470
    SAFRAN SA-UNSPON ADR 19,937 16,549
    SAP SE-SPONSORED ADR 9,578 10,088
    SEAGAN INC 5,975 11,131
    SHIN-ETSU CHEMICAL ADR 8,061 15,023
    SMC CORP 7,688 12,218
    TAIWAN SEMICONDUCTOR MFG CO LTD ADR 9,782 26,949
    TENCENT HOLDINGS LTD-UNSP ADR 9,248 10,669
    TOTAL SE ADR 5,896 7,765
    UBS GROUP AG 10,101 12,402
    UNITEDHEALTH GROUP INC 10,050 21,090
    VISA INC CLASS A 18,849 22,321
    YUM BRANDS INC 8,092 10,415
    BLACKROCK INC 38,468 38,454
    CHEVRON CORPORATION 39,746 39,430
    MARSH AND MC LENNAN COMPANIES INC 38,704 42,934
    UNITEDHEALTH GROUP INC 40,235 43,184
    ADIDAS AG-SPON 9,623 7,776
    B&M EUROPEAN VALUE RETAIL SA ADR 12,419 13,163
    BEIGENE LTD SPON ADR 6,942 4,877
    DISCOVER FINANCIAL 7,599 9,245
    ELI LILLY & CO 7,415 9,944
    ENGIE SPON ADR 1 RCPT=1 ORD SHSR ENGIY 11,799 11,927
    EOG RESOURCES INC 6,696 7,462
    EVERTEC INC 10,441 11,745
    FIDELITY NATIONAL INFORMATION SVCS 12,759 10,915
    META PLATFORMS INC CLASS A 11,438 12,445
    NETFLIX COM INC 6,212 5,422
    VALE S A ADR 11,575 9,534

    TY 2021 InvestmentsOtherSchedule2
    Name:
    ACTC FOUNDATION INC
    EIN:
    42-1603802
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    VOYA INTERMEDIATE BOND PORTFOLIO AT COST 360,628 375,889
    VOYA LARGE CAPITAL GROWTH PORTFOLIO AT COST 266,161 732,480
    VOYA INTERNATIONAL INDEX PORTFOLIO AT COST 338,987 325,253
    ISHARES CORE TOTAL US AGGREGATE BOND ETF AT COST 65,472 66,395
    PGIM HIGH YIELD FUND CLASS AT COST 63,183 66,455
    FIDELITY GOVERNMENT INSTITUTIONAL PORTFOLIO FUND AT COST 88,004 88,003
    UNITED STATES OIL FD ETF AT COST 33,782 7,447
    HEALTH CARE SELECT SPDR AT COST 22,802 48,325
    AMEX TECHNOLOGY SELECT SPDR AT COST 11,461 50,770
    ISHARES RUSSELL 2000 ETF AT COST 190,849 251,369
    ISHARES S&P MID-CAP 400 VALUE AT COST 43,459 84,227
    ISHARES CORE MSCI EMERGING MKTS AT COST 301,152 315,283
    VANGUARD FTSE DEVELOPED MARKETS ETF AT COST 64,431 88,793
    VANGUARD FTSE EMERGING MARKETS ETF AT COST 52,175 64,397
    VANGUARD DIVIDEND APPRECIATION AT COST 99,253 141,694
    VANGUARD MIDCAP VIPER AT COST 216,827 336,042
    ABBEY CAPITAL MULTIMNGR FUND LTD C SHS AT COST 375,000 400,412
    SKYBRIDGE MULTI ADVISOR HEDGE FUND PORTFOLIO SER G AT COST 417,166 481,746
    VOYA VOYA RUSSELL LARGE CAP INDEX P AT COST 234,224 626,480
    GOLDMAN SACHS ACTIVEBETA INTERNATIONAL EQUITY ETF AT COST 44,917 45,216
    GOLDMAN SACHS ACTIVEBETA US LARGE CAP EQUITY ETF AT COST 78,972 96,757
    ISHARES RUSSELL 1000 VALUE ETF AT COST 56,416 59,615
    ISHARES CORE S&P SMALL-CAP ETF AT COST 45,415 47,636
    ISHARES CORE S&P TOTAL US STOCK MARKET ETF AT COST 316,883 458,730
    PIMCO COMMODITY REAL RETURN STRATEGY FUND-CLASS I #45 AT COST 45,110 45,905

    TY 2021 OtherAssetsSchedule
    Name:
    ACTC FOUNDATION INC
    EIN:
    42-1603802
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    NET UNREALIZED GAIN ON INVESTMENTS 1,789,282 2,735,884  


    TY 2021 OtherDecreasesSchedule
    Name:
    ACTC FOUNDATION INC
    EIN:
    42-1603802
    Description Amount
    EXCISE TAXES PAID 4,834


    TY 2021 OtherExpensesSchedule
    Name:
    ACTC FOUNDATION INC
    EIN:
    42-1603802
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSES 3,561 0 0 3,561
    PAYROLL PROCESSING FEES 888 0 0 888
    TELEPHONE EXPENSES 3,564 0 0 2,564
    100% MEALS 1,401 0 0 1,401
    POSTAGE 47 0 0 47
    WEBSITE 210 0 0 210


    TY 2021 OtherIncomeSchedule2
    Name:
    ACTC FOUNDATION INC
    EIN:
    42-1603802
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 874 874 0


    TY 2021 OtherIncreasesSchedule
    Name:
    ACTC FOUNDATION INC
    EIN:
    42-1603802
    Description Amount
    NET UNREALIZED GAINS OR LOSSES ON INVESTMENTS 1,094,878


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    ACTC FOUNDATION INC
    EIN:
    42-1603802
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGED MONEY FEES 63,273 63,273 0 0


    TY 2021 TaxesSchedule
    Name:
    ACTC FOUNDATION INC
    EIN:
    42-1603802
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN INCOME TAXES 59 59 0 0
    PAYROLL TAXES 6,429 0 0 6,429