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
Gary Philanthropy
 
Number and street (or P.O. box number if mail is not delivered to street address)1705 17th Street 200
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Denver, CO80202
A Employer identification number

81-0587194
B Telephone number (see instructions)

(303) 628-3800
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$234,086,613J 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) 756,097
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,743,313 1,743,313  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 21,492,988
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 21,491,629
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 -1,800,811 -5,523,035  
12 Total. Add lines 1 through 11........ 22,191,587 17,711,907  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 950,605 183,332   757,048
14 Other employee salaries and wages...... 1,443,896 67,516   1,325,495
15 Pension plans, employee benefits....... 698,527 84,663   613,864
16a Legal fees (attach schedule)......... Click to see attachment 199,370 116,369   83,001
b Accounting fees (attach schedule)....... Click to see attachment 39,800 2,985   35,820
c Other professional fees (attach schedule).... Click to see attachment 2,126,109 369,636   1,694,848
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 286,880 0   0
19 Depreciation (attach schedule) and depletion... 16,366 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 31,701 3,170   28,531
22 Printing and publications.......... 12,854 0   12,854
23 Other expenses (attach schedule)....... Click to see attachment 1,042,327 26,628   1,015,702
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,848,435 854,299   5,567,163
25 Contributions, gifts, grants paid....... 3,304,607 6,975,762
26 Total expenses and disbursements. Add lines 24 and 25 10,153,042 854,299   12,542,925
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 12,038,545
b Net investment income (if negative, enter -0-) 16,857,608
c Adjusted net income (if negative, enter -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............. 5,146,669 1,815,883 1,815,883
2 Savings and temporary cash investments......... 2,265,585 778,540 778,540
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.......... 50,959 59,919 59,919
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 63,560,851 Click to see attachment67,235,964 67,235,964
c Investments—corporate bonds (attach schedule)....... 55,784,878 Click to see attachment55,289,116 55,289,116
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 77,903,739 Click to see attachment100,448,343 100,448,343
14 Land, buildings, and equipment: basis bullet108,850
Less: accumulated depreciation (attach schedule) bullet79,069 77,147 Click to see attachment29,781 29,781
15 Other assets (describe bullet) Click to see attachment7,822,054 Click to see attachment8,429,067 Click to see attachment8,429,067
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 212,611,882 234,086,613 234,086,613
Liabilities 17 Accounts payable and accrued expenses.......... 1,000,923 3,685,044
18 Grants payable................. 5,551,864 1,949,911
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......   1,000,000
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 6,552,787 6,634,955
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........... 206,059,095 227,451,658
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)..... 206,059,095 227,451,658
30 Total liabilities and net assets/fund balances (see instructions). 212,611,882 234,086,613
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
206,059,095
2
Enter amount from Part I, line 27a .....................
2
12,038,545
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
9,354,018
4
Add lines 1, 2, and 3 ..........................
4
227,451,658
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
227,451,658
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 Brevet Direct Lending - Short Duration Fund P    
b Brevet Direct Lending - Short Duration Fund P    
c Gain reported on 990T P    
d Generation IM Global Equity Fund P    
e Lyme Forest Fund IV TE LP P    
Vision Ridge P    
New Energy Capital Infrastructure Credit Fund LP P    
North Sky P    
North Sky P    
Gain reported on 990T P    
Access Venture P    
Sarona P    
SJF Ventures IV, LP P    
Huntington Capital P    
Elevar Equity III, LP P    
Learn Capital Ventures P    
SNW Asset Managed P    
Aperio Group, LLC P    
Vanguard P    
Ethic, Inc P    
King Street P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a       -77,051
b       1,029
c       -1,029
d       4,005,134
e       143,656
      4,593,793
      18,270
      128,346
      330
      -330
      44,104
      222,428
      420,539
      215,633
      -121,656
      23,003
      217,156
      1,716,042
      309,019
      9,621,832
      11,381
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       -77,051
b       1,029
c       -1,029
d       4,005,134
e       143,656
      4,593,793
      18,270
      128,346
      330
      -330
      44,104
      222,428
      420,539
      215,633
      -121,656
      23,003
      217,156
      1,716,042
      309,019
      9,621,832
      11,381
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 21,491,629
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  
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........................... 3 234,321
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- ..... 5 234,321
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 68,874
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 220,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 288,874
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 54,553
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet54,553 RefundedBullet 11 0
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 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
    Yes
     
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.garycommunity.org
    14
    The books are in care ofbulletGary Philanthropy Telephone no.bullet (303) 628-3800

    Located atbullet1705 17th Street 200DenverCO ZIP+4bullet80202
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 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)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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
     
    No
    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)
    Yes
     
    (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
    Yes
     
    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
    Yes
     
    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? .............................
    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
    Chris Watney Chairman
    5.00     		0 0 0
    1705 17th Street Ste 200
    Denver,CO80202
    Luis Durate Vice Chairman
    5.00     		0 0 0
    1705 17th Street Ste 200
    Denver,CO80202
    David Younggren Member
    5.00     		0 0 0
    1705 17th Street Ste 200
    Denver,CO80202
    Robert Gary Member
    5.00     		0 0 0
    1705 17th Street Ste 200
    Denver,CO80202
    Nancy Gary Member
    5.00     		0 0 0
    1705 17th Street Ste 200
    Denver,CO80202
    Tom Gougeon Member
    5.00     		0 0 0
    1705 17th Street Ste 200
    Denver,CO80202
    Jim Kelley Member
    5.00     		0 0 0
    1705 17th Street Ste 200
    Denver,CO80202
    Michael Johnston President & CEO
    20.00     		219,606 18,594 0
    1705 17th Street Ste 200
    Denver,CO80202
    Carey Dobbertin CFO & Treasurer
    20.00     		109,255 14,965 0
    1705 17th Street Ste 200
    Denver,CO80202
    Ami Desai COO
    20.00     		106,892 17,937 0
    1705 17th Street Ste 200
    Denver,CO80202
    Damion LeeNatali VP Strategic Philanthropy & Policy
    20.00     		116,304 23,893 0
    1705 17th Street Ste 200
    Denver,CO80202
    Santhosh Ramdoss VP Impact Investing
    20.00     		132,573 33,806 0
    1705 17th Street Ste 200
    Denver,CO80202
    Eric Parrie VP Builds
    20.00     		101,226 17,407 0
    1705 17th Street Ste 200
    Denver,CO80202
    Chyrise Harris VP Communications
    20.00     		96,767 17,785 0
    1705 17th Street Ste 200
    Denver,CO80202
    Holly Doering Secretary, thru 07/2021
    20.00     		19,241 11,713 0
    1705 17th Street Ste 200
    Denver,CO80202
    Ashley Hill Secretary, from 07/2021
    20.00     		48,741 11,595 0
    1705 17th Street Ste 200
    Denver,CO80202
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    Steffanie Clothier Dir. of School Readi
    20.00     		90,299 20,361 0
    1705 17th Street Suite 200
    Denver,CO80202
    Catherine Trom Controller
    20.00     		80,388 21,242 0
    1705 17th Street Suite 200
    Denver,CO80202
    Julie Stone Dir. Family Economic
    20.00     		74,610 24,269 0
    1705 17th Street Suite 200
    Denver,CO80202
    Robyn Tsukayama Dir. of People & Str
    20.00     		76,063 14,274 0
    1705 17th Street Suite 200
    Denver,CO80202
    Amanda Skryzpchak Dir. Strategic Phila
    20.00     		74,032 8,069 0
    1705 17th Street Suite 200
    Denver,CO80202
    Total number of other employees paid over $50,000...................bullet 7
    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
    Change Matrix Consulting 387,500
    2251 N Rampart Blvd 365
    Las Vegas,NV89108
    Slalom LLC Consulting 378,536
    PO Box 101416
    Pasadena,CA91189
    The Caprock Group Inc Investment Advisor 246,500
    805 West Idaho Street Suite 200
    Boise,ID83702
    Colorado Futures Center Consulting 84,000
    2698 Hedgerow Circle
    Lafayette,CO80026
    Root Policy Research Consulting 59,000
    6740 East Colfax Avenue
    Denver,CO80220
    Total number of others receiving over $50,000 for professional services.............bullet3
    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 Energize Colorado Gap Fund-CHFA(CHFA is the fund administrator: The Fund's purpose is to assist sole proprietorships, small businesses and nonprofits, who have been negatively impacted by the Emergency by providing capital from the Fund to (A) respond to and recover from the economic harms caused by the Emergency and (B) pay administrative, consulting, and other expenses incurred by CHFA in connection with, or overhead expenses allocable to, the Fund, all in furtherance of the purposes of the Fund. 500,000
    2 Denver Hybrid College dba AdvanceEDU: With the goal of extending college access to more students, AdvanceEDU is launching the Advancer Fund, which supports Income Share Agreements ("ISA") for students that have barriers to accessing federal aid (DACA students, for example). AdvanceEDU will use the Loan from Gary Philanthropy to catalyze the Advancer Fund. 300,000
    All other program-related investments. See instructions.
    3 Click to see attachment 893,459
    Total. Add lines 1 through 3.........................bullet1,693,459
    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
    203,098,174
    b
    Average of monthly cash balances.......................
    1b
    7,068,534
    c
    Fair market value of all other assets (see instructions)................
    1c
    901,715
    d
    Total (add lines 1a, b, and c).........................
    1d
    211,068,423
    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
    211,068,423
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    3,166,026
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    207,902,397
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    10,395,120
    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
    10,395,120
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    234,321
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    345,992
    c
    Add lines 2a and 2b............................
    2c
    580,313
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    9,814,807
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    994,424
    5
    Add lines 3 and 4............................
    5
    10,809,231
    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
    10,809,231
    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 10,809,231
    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...... 1,836,561
    b From 2017...... 3,960,596
    c From 2018...... 6,404,094
    d From 2019...... 7,130,026
    e From 2020...... 4,886,545
    f Total of lines 3a through e ........ 24,217,822
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 14,236,384
    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..... 10,809,231
    e Remaining amount distributed out of corpus 3,427,153
    5 Excess distributions carryover applied to 2021. 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 27,644,975
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		1,836,561
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		25,808,414
    10 Analysis of line 9:
    a Excess from 2017.... 3,960,596
    b Excess from 2018.... 6,404,094
    c Excess from 2019.... 7,130,026
    d Excess from 2020.... 4,886,545
    e Excess from 2021.... 3,427,153
    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
    50CAN Inc
    1625 K Street Northwest Suite 400
    Washington,DC20006     		None PC 2021 Advocacy Portfolio Investment . We envision TEN as an important partner on our School Readiness ECE goal, our entire Youth Success outcome area, and potentially our entire Family Economic Mobility outcome area, given their deep work with families. 50,000
    Activate Work Inc
    1580 Logan St Suite 740
    Denver,CO80203     		None PC Partnering with employers to provide alternative job training pathways in technology and healthcare for low and middle income students. Committed to shared learning with Gary and plan to scale in 2022. Cohorts of 30, 15 week program, 80% employer placement in livable wage, full-benefit jobs. Activate IT is the most selective of alternative training programs in our cohort, recruiting from Cross Purpose, MiCasa, Warren Village, etc. 75,000
    Barton Institute for Community Action
    1114 W 7th Ave Suite 215
    Denver,CO80204     		None PC Part of the ECE Redesign effort to have the data and IT components ready. By having clear direction of what we have and what we need from our data systems, we can advocate for invesstment of federal funds and stimulus dollars that will enable us to build those systems as part of the ECE redesign. 22,400
    Bell Policy Center
    303 E 17th Avenue Suite 400
    Denver,CO80203     		None PC To support the Family Economic Mobility policy research infastructure. 150,000
    Benefits in Action
    8725 W 14th Ave
    Lakewood,CO80215     		None PC To support the 1st year operating the Tax Help Colorado program at Lamar Unidos. Provide free tax preparation to 200 low-income families, helping them claim $200,000 in refunds and save them approximately $50,000 in tax preparation fees. 2,500
    Brothers Redevelopment Inc
    2250 Eaton St Garden Level Suite B
    Denver,CO80214     		None PC Supporting two generation family focused wrap-around services for an affordable housing complex in Northwest Aurora to meet the needs of families. Outcomes such as health and wellness, financial stability, education success, and social capital are improved for tenants. 52,240
    Building a Better Colorado
    511 16th Street Suite 210
    Denver,CO80202     		None PC BBCO's true value proposition is its ability to galvanize consensus among grasstops leaders who can serve as trusted and motivated messengers in subsequent advocacy campaigns. BBCO's theory of action is that the pathway to a better Colorado lies in engaging civic leaders in communities across the state in a constructive 100,000
    City Year Inc
    789 Sherman Street Suite 400
    Denver,CO80203     		None PC Support for City Year's efforts to deliver programming and demonstrate the impact of delivering services in a high school feeder pattern with improved student success 50,000
    CityUnite
    9742 Quay Loop
    Broomfield,CO80021     		None PC Facilitating 10 business owners to implement and measure impact of innovative solutions to employee income, debt, and wealth-building. 70,000
    Clayton Early Learning
    3801 Martin Luther King Blvd
    Denver,CO80205     		None PC Match for Alliance for Early Success national grant to Clayton Early Learning and the Children's Campaign. Funds advocacy activities and access to national supports from the Alliance and connections with state partners from across the country. 10,000
    Climb Higher Colorado
    466 Pontiac St
    Denver,CO80220     		None PC New to Denver; employer-driven model providing alternative pathways in technology for low/middle income students. 70% placement rate in livable, full-benefit jobs; all employer partners are contracted @4-5K/placement. Committed to growing from 30-300 in next 2-3 years. 75,000
    CLLARO
    PO Box 17932
    Denver,CO80217     		None PC Although our initial advocacy portfolio was remarkably diverse, and although 50% of the organizations are led by leadership who identify as Latino, we only had one organization that was explicitly focused on organizing within the Latino community. CLLARO is exclusively focused on the Latino community across the state, with a strong base of support in the Far Northeast of Denver and Aurora, and their organizing and policy work spans our outcome areas of Youth Success and Family Economic mobility. We are recommending a relatively low investment-to-budget ratio. CLLARO hasbeen rebuilding under new leadership; their new Executive Director has greatly improved their operations and credibility, and they have already significantly diversified their funding base. 75,000
    Colorado Children's Campaign
    1580 Lincoln Street Suite 420
    Denver,CO80203     		None PC Investment in policy and advocacy in early childhood - Investing in the Colorado Children's Campaign will support the transformation of Colorado's early childhood system. 345,000
    Colorado Cross-Disability Coalition
    1385 S Colorado Blvd Suite 610-A
    Denver,CO80222     		None PC Investment in policy and advocacy in early childhood - Investing in the Colorado Children's Campaign will support the transformation of Colorado's early childhood system. 75,000
    Colorado Department of Public Health and Environment
    4300 Cherry Creek Drive South
    Denver,CO80246     		None GOV transition funding to support efforts established by Get Ahead Colorado's longstanding tax credit campaign to help reduce child poverty and improve health outcomes for Colorado's children and families 50,000
    Colorado Fiscal Institute
    1905 Sherman St Suite 225
    Denver,CO80203     		None PC CFI is a long-standing investee of Gary Community Investments and has provided critical policy analysis and support in the areas of tax and fiscal policy. Especially as we gear up and look ahead to the 2022 and 2024 ballots as a way of helping to rebuild from the COVID pandemic, we believe CFI will provide the necessary thought leadership across all of our outcome areas as we think about how to fund the systemic changes required to meet our outcome area goals. - time Executive Director, Carol Hedges, is due to retire in 2021. As a result, we are only funding CFI for one year as the CFI Board examines its strategy and considers whether it should merge with other left-of-center policy organizations (most notably, the Bell Policy Center, another Gary investee). Chris Watney is on the CFI Board and is actively h 170,000
    Colorado Nonprofit Development Center
    789 Sherman Street Suite 250
    Denver,CO80203     		None PC Working to abolish historical and present inequalities and inequities in education that have prevented a majority of Black, Brown, and poor children from being prepared for the choice of college without remediation. FaithBridge has primarily done CNDC work with communities of Color in NE Denver and North Aurora with capacity building with our advocacy/partnership efforts to ensure that we have the staff that is equipped to continue to educate and be a catalyst for change. 75,000
    Co PFS at Risk Youth- MST Project (CO Seminary University of Denver)
    2148 S High Street
    Denver,CO80208     		None PC Support the expansion of Multi-Systemic therapy (MST), an evidence-based intervention for youth at risk of continued involvement in the juvenile justice system 47,153
    Colorado State University Pueblo
    2200 Bonforte Boulevard
    Pueblo,CO81001     		None GOV To support the first year operating Tax Help Colorado program out of CSU Pueblo. In partnership with Pueblo Community College, CSU Pueblo will provide free tax preparation to approximately 150 low-income families, helping them claim more than $330,000 in refunds and save them nearly $37,500 in tax preparation fees. 2,000
    Colorado Succeeds
    8200 Shaffer Parkway 271432
    Littleton,CO80127     		None PC CO Succeeds proposes to support ECE advocacy over the next three years as part of the Bold Steps Forward Portfolio. Bring the business voice to ECE advocacy. 50,000
    Community College of Denver Foundation
    Campus Box 250 PO Box 173363
    Denver,CO80217     		None PC Scale up the successful WORKNOW collective impact model by including new service partners, employer partners and construction training curriculum tools. Further expand job creation for 30,000 underemployed, low skilled workers and entrepreneurs in communities affected by the upcoming large projects. 489,500
    Community Cooperative
    1226 Vermont Avenue NW Suite 200
    Washington,DC20005     		None PC COMMUNITY COOPERATIVE is the fiscal agent not RMEOC. Support RMEOC given their unique position as leaders for employee-ownership content, awareness, and policy in the Rocky Mountain Region. RMEOC provides consulting services to business owners, governments and professionals. Build relationship with RMEOC and influence their work on employee-ownership initiatives and their impact in low-income communities. 10,254
    Community Investment Alliance
    200 E 7th Street Suite 412
    Loveland,CO80537     		None PC Cultivating a pipeline of non-traditional affordable housing developments in Denver Metro Area. Assisting w/ pre-development, regulatory process, capacity-building etc. Recently started her own org after departing Interfaith Alliance Land Campaign. Potential to partner with CrossPurpose on creative housing co-location idea. 50,000
    Council for a Strong America
    1212 New York Ave NW Suite 300
    Washington,DC20005     		None PC Multi year grant to support general operations, including membership recruitment, member advocacy, media coverage, and state-specific report generation. Brief Expected Impact - Council for a Strong America members will help advance policy successes by lending their voices in support of priority issues and helping cultivate the support of conservative policymakers 93,000
    Colorado Center on Law & Policy (formerly Denver Foundation)
    55 Madison 8th Floor
    Denver,CO80206     		None PC Mile high Connects is a community driven collaborative of community organizers, philanthropic institutions, non-profit organizations, policy advocates, and financial Institutions that works to dismantle barriers to racial, economic, environmental, and health equity by ensuring all community residents have access to quality transit and mobility, housing, and economic opportunity. Brief Expected Impact - MHC aims to improve the lives of low-income (60% AMI and below)residents/communities, communities of color, and traditionally under resourced communities across the Denver Metro Region. 100,000
    Denver Public Safety Youth Programs
    303 West Colfax Avenue Suite 1000
    Denver,CO80204     		None GOV Recoverable grant turned into a reg grant- An upstream, preventative approach to provide early support for runaway youth likely to become involved in state-funded juvenile justice systems. The primary project goal was to prevent or reduce juvenile justice and/or child welfare involvement of project participants with short-term success measures focusing on participant engagement rates. 294,884
    Developmental FX
    7770 E Iliff Ave Suite C
    Denver,CO80231     		None PC To support the final grant cycle of Constellation Philanthropy before their 2021 sunsetting date. 9,750
    Early Milestones Colorado
    1600 Downing Street Suite 750
    Denver,CO80218     		None PC This is the action portion of the initiative with local and state projects funded through a pooled fund. Improve the recruitment, retention and compensation of the ECE Workforce 185,000
    Elevation Community Land Trust LLC
    1114 W 7th Ave Suite 101
    Denver,CO80204     		None PC A new, permanently affordable housing platform ? initiated by a consortium of local foundations and incubated by the nationally-recognized land preservation nonprofit Urban Land Conservancy that supports low- and moderate-income residents to attain and sustain homeownership. The self-sustaining platform will help mitigate housing displacement, keep families in place and offer solutions to address access to multiple social determinants of health. In its first 5-years, Elevation will acquire and develop over 700 single family homes, townhomes and condos, providing a range of rental, lease-to-own and owner-occupied housing options in gentrifying/at-risk neighborhoods across metro Denver. 1,000,000
    Energize Colorado
    340 Dewey Avenue
    Boulder,CO80304     		None PC Support a child care program accelerator with new and expanded child care programs and improved business models 50,000
    EPIC Colorado
    475 Seventeenth St STE 950
    Denver,CO80202     		None PC To support advocacy efforts and engagement with the business community, internal capacity and innovative strategies that address the economics of child care. Leverage business community and organizational expertise to support legislation and engagement activities in 2022. 50,000
    Front Range Community College - Westminster
    3645 W 112th Ave B1809
    Westminster,CO80031     		None PC To support the 10th year operating the Tax Help Colorado program in partnership with Front Range Community College. In addition to the community college students and returning volunteers, the site will utilize 15-40 Adams 12 high school students to earn up to 3 concurrent credits. Provide free tax preparation to approximately 1,200 low-income families, helping them claim more than $1.8 million in refunds and save them nearly $240,000 in tax preparation fees. The program also teaches students valuable life skills. 5,979
    Great Education Colorado Fund
    1355 S Colorado Blvd Building C
    Suite 500
    Denver,CO80222     		None PC Although our initial advocacy portfolio had strong representation in communities of color across Denver and Arapahoe counties, we were underweight in suburban parts of Adams, Arapahoe,and Jefferson counties that are especially important in statewide elections. GEC has a statewide network of ~3,000 volunteers, they are especially strong in swing suburban counties, and they have proven their efficacy at voter contact in the Proposition EE and Amendment B campaigns in the last election cycle. In addition to their on-the-ground advocacy efforts, GEC is also a key player in discussions about the '22/'24 ballot cycles. (They have a particular interest in winning additional revenue for K-12 education.) We consider GEC to be a crucial partner in our Youth Success outcome areas, and we are recommending a relatively small investment-to-budget ratio, as GEC is an established organization with a diversified funding base. 75,000
    Impact Charitable
    1536 Wynkoop Street Suite 223
    Denver,CO80202     		None PC To support the Denver Basic Income Project. 25,000
    Invest in Kids
    1775 Sherman St Ste 1445
    Denver,CO80203     		None PC Implement a 4-yr pilot of IY in two school districts (Aurora & Sheridan S.D.) Improved social emotional development, school readiness and academic success 120,000
    Invest in Kids
    1775 Sherman St Ste 1445
    Denver,CO80203     		None PC Funding for the launch of a new evidence based program in Colorado to serve high need families with home-based mental health services. Launch and eventually scale a program designed to serve the children and families facing the effects of trauma. 500,000
    Jefferson County Human Services
    900 Jefferson County Parkway
    Golden,CO80401     		None GOV New addition to the "housing as a platform" place-based portfolio stressing the integration of services to support family economic security as a whole. Funding partnership with Kresge Foundation to promote innovative structure in family led two-generation human service delivery. Learning opportunity to discover and document "best practices" for integrating human service delivery with housing. Document the "collective acceleration" process (uncharted) for metrics to promote sustainability through cost savings. 150,000
    Lamar Unidos
    109 Lee Avenue Suite 2
    Lamar,CO81052     		None PC To support the 1st year operating the Tax Help Colorado program at Lamar Unidos. Provide free tax preparation to 80 low-income families, helping them claim $160,000 in refunds and save them approximately $20,000 in tax preparation fees. 2,142
    Mi Casa Resource Center
    345 Grove Street
    Denver,CO80219     		None PC To support the first year operating a Tax Help Colorado support site at Mi Casa Resource Center. Provide technical assistance to 100 families in accessing GetYourRefund/Tax Help Colorado services. 5,451
    Mile High United Way Inc
    711 Park Avenue West
    Denver,CO80205     		None PC To transfer funding from Wells Fargo to continue Tax Help CO program 25,000
    Mile High United Way Inc
    711 Park Avenue West
    Denver,CO80205     		None PC This investment funds the development of the Performance Imperative capacity building platform for nonprofits that are poised to increase their organizational effectiveness. The five year expected impact of this initiative is increased impact of targeted nonprofits and the resulting positive impacts on low-income children and families seeking their services. 180,897
    Mile High Workshop Inc
    13280 E Mississippi Ave
    Aurora,CO80012     		None PC Partnering with local manufacturing employers to provide re-entry employment to previously incarcerated workers. Just purchased a pillow company to generate additional earned-income. Requesting assistance w/ employer partners and business model sustainability. 75,000
    Morgan Community College
    920 Barlow Road
    Fort Morgan,CO80701     		None GOV To support the 13th year operating the Tax Help Colorado program at Morgan Community College. Provide free tax preparation to 450 low-income families, helping them claim $900,000 in refunds and save them approximately $90,000 in tax preparation fees. The program also teach students valuable life skills. 4,700
    New Era Colorado Foundation
    PO Box 181153
    Denver,CO80218     		None PC New Era Colorado (NEC) is the state's singular advocacy organization that explicitly focuses on youth issues and youth election turnout. Founded by now-prominent elected officials State Sen. Steve Fenberg, State Rep. Leslie Herod, and U.S. Rep. Joe Neguse (among others), NEC has demonstrated an impressive ability to register and turnout youth in election years and in developing youth-focused policy and advocacy agendas in intervening years. We envision NEC as an important partner in bringing youth perspectives and power to critical discussions from which they are currently excluded and we see NEC as an important partner for statewide ballot initiatives. 75,000
    Northeastern Junior College
    100 College Avenue
    Sterling,CO80751     		None GOV To support the 12th year operating the Tax Help Colorado program at Northeastern Junior College. Provide free tax preparation to 200 low-income families, helping them claim $225,000 in refunds and save them approximately $50,000 in tax preparation fees. The program also teaches students valuable life skills. 2,786
    Parent Possible
    800 Grant Street Suite 200
    Denver,CO80203     		None PC Funding to conduct coalition strengthening, advocacy and coordinated data collection. Strengthen services to families, improve coordination and efficiency among program models, advance efforts to expand home visiting programming, and focus on investment task force recommendations, state agency planning and federal advocacy. 100,000
    Pikes Peak Community College
    5675 S Academy Blvd Mailbox c-17
    Colorado Springs,CO80906     		None GOV To support the 10th year operating the Tax Help Colorado program at Pikes Peak Community College. Provide free tax preparation to 475 low-income families, helping them claim nearly $1 million in refunds and save them approximately $118,000 in tax preparation fees. The program also teaches students valuable life skills. 4,728
    Red Rocks Community College
    13300 West 6th Avenue
    Lakewood,CO80228     		None GOV To support the 8th year operating the Tax Help Colorado program at Red Rocks Community College. Provide free tax preparation to 300 low-income families, helping them claim $480,000 in refunds and save them approximately $75,000 in tax preparation fees. The program also teaches students valuable life skills. 3,600
    Reach Out and Read Colorado
    3705 Martin Luther King Drive
    Building E
    Denver,CO80205     		None PC Organizational support for program delivery and scaling strategy to increased literacy success and school readiness 70,000
    Reschool
    730 17th Street
    Denver,CO80202     		None PC Support for Summer Demonstration Project of LEAP concept 50,000
    Rose Community Foundation
    4500 Cheery Creek Drive South Ste
    900
    Denver,CO80246     		None PC Rose willl serve as the fiscal sponsor for the pooled philanthropic funding for the Early Childhood Workforce Innovation Grants. Rose will allow the partners to seek out additional funders for this project because they can add their funds to this pool. 315,000
    Servicios de La Raza
    3131 West 14th Avenue
    Denver,CO80204     		None PC Servicios de la Raza (SLDR) is the largest Latino-led nonprofit in Colorado, with a focus on direct service provision in physical and mental health as well as advocacy at the state level. Given the vast array of services they provide, and the wide range of communities in which they operate, we envision SDLR as an important partner across all three of our outcome areas and a critical service provider voice in our overall advocacy portfolio 250,000
    Small Business Majority Foundation Inc
    1015 15th Street NW Suite 450
    Washington,DC20005     		None PC Partner with other business groups, organizations and experts to promote awareness on how small businesses are impacted by healthcare reform, clean energy, access to credit and other key issues. Effective promotion of rules, regulations and legislation that benefit low income entrepreneurs and their families. 52,500
    Stand for Children Leadership Center
    2121 SW Broadway Suite 111
    Portland,OR97201     		None PC Community research, feedback and prototype sessions with families and educators about early literacy reports. 9,250
    Tennyson Center for Children at Colorado Christian Home
    2950 Tennyson Street
    Denver,CO80212     		None PC To support the implementation of Rewiring Child Welfare, a project to redirect how Colorado's child welfare system funding is allocated. 200,000
    The Barton Institute
    1114 W 7th Ave Suite 215
    Denver,CO80204     		None PC To support The Village Instititue as a final grant cycle of Constellation Philanthropy before their 2021 sunsetting date. 5,750
    The Community Firm
    364 Corona Street
    Denver,CO80218     		None PC Part 2 of this pilot opportunity has the potential to demonstrate a new model of financial support to prevent evictions for low-income families to help bridge them to full financial sustainability through the public rental assistance funds they will be administering. Brief Expected Impact - It's expected that this pilot opportunity will demonstrate the effectiveness of negotiated rental debt and no-interest loans enabling low-income families avoid eviction. 100,000
    The Early Childhood Partnership of Adams County
    8859 Fox Drive Suite 205
    Thornton,CO80260     		None PC To support the final grant cycle of Constellation Philanthropy before their 2021 sunsetting date. 15,750
    The Urban Leadership Foundation of Colorado
    1550 Larimer Street 518
    Denver,CO80202     		None PC 2021 Advocacy Portfolio Investment .We envision ULF as an important partner across all three of our outcome areas (but especially Family Economic Mobility) 50,000
    Trailhead Institute
    1385 S Colorado Blvd Suite 622
    Denver,CO80222     		None PC CEEMI is building a partnership of public, private, and philanthropic stakeholders to scale effective, rigorously evaluated postsecondary and workforce development programs. The goal, via a rigorous evidence-based strategy, is to measurably and sustainably increase wages and postsecondary credential attainment,help Coloradans with low incomes and barriers to employment achieve economic self-sufficiency,build more equitable CO 65,000
    TSNE MissionWorks
    89 South St Suite 700
    Boston,MA02111     		None PC General operating funds to support the ongoing membership development and investment pipeline to support continued investment in the early childhood sector and engagement of individuals of wealth. 20,000
    University of Colorado Foundation
    1800 Grant Street Suite 725
    Denver,CO80203     		None PC To support the final grant cycle of Constellation Philanthropy before their 2021 sunsetting date. 15,750
    University of Colorado Foundation
    1800 Grant Street Suite 725
    Denver,CO80203     		None PC Implement a second Harris Program cohort for community-based fellows through a distance learning platform with improved healthy development of young children and school readiness through increased ECMH workforce of specially trained clinicians 51,525
    University of Colorado Foundation
    1800 Grant Street Suite 725
    Denver,CO80203     		None PC Match for national Early Educators Investment Collaborative -4 partners received a $2.3M grant and have some additional needs to complete the match 53,000
    University of Denver- Colorado Evaluation & Action Lab
    2255 E Evans Avenue
    Denver,CO80208     		None PC To support the RISE Fund, a partnership between Gary and Gov. Jared Polis, is one of Gary's critical investments in addressing COVID-19 learning loss. With this proposed investment, and in partnership with the State, The University of Denver's Colorado EvaluationLab will evaluate 13 programs funded by the RISE Fund for their impact. 150,000
    Young African Americans for Social and Political Activism (YAASPA)
    PO Box 202092
    Denver,CO80220     		None PC 2021 Advocacy Portfolio Investment . We envision YAASPA as an important partner for all of our Youth Success outcome area goals, and potentially also for our Family Economic Mobility self-sufficiency income goal. 50,000
    Invest in Kids
    1775 Sherman St Ste 1445
    Denver,CO80203     		None PC Non-Grant Contribution 25,000
    Urban Peak
    2100 Stout Street
    Denver,CO80205     		None PC Non-Grant Contribution 15,000
    Denver Academy
    4400 East Iliff Avenue
    Denver,CO80222     		None PC Non-Grant Contribution 10,000
    Sky's the Limit Fund
    510A Valley Way
    Milpitas,CA95035     		None PC Non-Grant Contribution 10,000
    Cobbled Streets
    7360 West 28th Avenue
    Wheat Ridge,CO80033     		None PC Non-Grant Contribution 10,000
    Big Brothers Big Sisters of Colorado Inc
    750 W Hampden Ave Suite 450
    Denver,CO80110     		None PC Non-Grant Contribution 10,000
    The Jewish Center-Chabad of Northwest Metro Denver Inc
    4505 W 112th Ave
    Westminster,CO80031     		None PC Non-Grant Contribution 5,000
    STRIVE Preparatory Schools
    2480 W 26th Ave B-360
    Denver,CO80211     		None PC Non-Grant Contribution 5,000
    Urban Peak
    2100 Stout Street
    Denver,CO80205     		None PC Non-Grant Contribution 5,000
    Colorado Fiscal Institute
    1905 Sherman St Suite 225
    Denver,CO80203     		None PC Non-Grant Contribution 5,000
    Global Livingston Institute
    3001 Brighton Blvd Suite 2662
    Denver,CO80216     		None PC Non-Grant Contribution 5,000
    Global Livingston Institute
    3001 Brighton Blvd Suite 2662
    Denver,CO80216     		None PC Non-Grant Contribution 5,000
    Denver Academy
    4400 East Iliff Avenue
    Denver,CO80222     		None PC Non-Grant Contribution 5,000
    Wyatt Academy
    3620 Franklin Street
    Denver,CO80205     		None PC Non-Grant Contribution 5,000
    National Western Center Authority
    4701 Marion Street Suite 401
    Denver,CO80216     		None PC Non-Grant Contribution 5,000
    Colorado News Collaborative
    PO Box 40866
    Denver,CO80204     		None PC Non-Grant Contribution 5,000
    River Valley Family Health Center
    PO Box 529
    Olathe,CO81425     		None PC Non-Grant Contribution 5,000
    Bell Policy Center
    303 E 17th Avenue Suite 400
    Denver,CO80203     		None PC Non-Grant Contribution 4,000
    Rocky Mountain MicroFinance Institute (RMMFI)
    PO Box 48138
    Denver,CO80204     		None PC Non-Grant Contribution 2,500
    Teach for America Inc
    1391 Speer Blvd Suite 710
    Denver,CO80204     		None PC Employee Matching Gift 2,500
    Dazzle Africa
    4915 N Juliano Road
    Las Vegas,NV89149     		None PC Employee Matching Gift 2,500
    Collegiate Academies
    2625 Thalia Street
    New Orleans,LA70113     		None PC Employee Matching Gift 1,677
    Heart Studios
    PO Box 23734
    Nashville,TN37202     		None PC Employee Matching Gift 1,000
    Blooming Prairie Veterans Memorial
    210 4th St NE
    Blooming Prairie,MN55917     		None PC Employee Matching Gift 1,000
    Climb Wyoming
    1001 W 31st Street
    Cheyenne,WY82001     		None PC Employee Matching Gift 1,000
    Denver Rescue Mission
    6100 Smith Road
    Denver,CO80216     		None PC Employee Matching Gift 1,000
    STRIVE Preparatory Schools
    2480 W 26th Ave B-360
    Denver,CO80211     		None PC Employee Matching Gift 1,000
    Pablove Foundation
    6607 W Sunset Blvd
    Los Angeles,CA90028     		None PC Employee Matching Gift 1,000
    The Bail Project
    PO Box 750
    Venice,CA90294     		None PC Employee Matching Gift 523
    Louisiana Bucket Brigade
    2803 Saint Phillip Street
    New Orleans,LA70119     		None PC Employee Matching Gift 500
    Food Bank of the Rockies
    10700 E 45th Avenue
    Denver,CO80239     		None PC Employee Matching Gift 500
    Doctors Without Borders
    40 Rector Street 16th Floor
    New York,NY10006     		None PC Employee Matching Gift 500
    Partners in Health
    800 Boylston St Suite 300
    Boston,MA02199     		None PC Employee Matching Gift 500
    Tennyson Center for Children at Colorado Christian Home
    2950 Tennyson Street
    Denver,CO80212     		None PC Employee Matching Gift 500
    Wyoming Community Foundation
    1472 North 5th Street Suite 201
    Laramie,WY82072     		None PC Employee Matching Gift 500
    Planned Parenthood of the Rocky Mountains
    7155 E 38th Avenue
    Denver,CO80207     		None PC Employee Matching Gift 100
    March of Dimes
    1550 Crystal Drive Suite 1300
    Arlington,VA22202     		None PC Employee Matching Gift 300
    STRIVE Preparatory Schools
    2480 W 26th Ave B-360
    Denver,CO80211     		None PC Employee Matching Gift 250
    Food Bank of the Rockies
    10700 E 45th Avenue
    Denver,CO80239     		None PC Employee Matching Gift 250
    Community Partners
    PO Box 741265
    Los Angeles,CA90074     		None PC Employee Matching Gift 240
    Libraries Without Borders
    1342 Florida Ave NW
    Washington,DC20009     		None PC Employee Matching Gift 223
    Colorado Ballet Company
    1075 Sante Fe Drive
    Denver,CO80204     		None PC Employee Matching Gift 200
    Colorado Humanities
    7935 E Prentice Ave Ste 450
    Greenwood Village,CO80111     		None PC Employee Matching Gift 200
    Union for Reform Judaism
    633 3rd Avenue 7th floor
    New York,NY10017     		None PC Employee Matching Gift 180
    Lutheran Family Services of the Rocky Mountains
    363 S Harlan Street Suite 200
    Denver,CO80226     		None PC Employee Matching Gift 150
    Upbeat Colorado
    2745 Julian Street
    Denver,CO80211     		None PC Employee Matching Gift 100
    Human Rights Campaign Foundation
    1640 Rhode Island Ave NW
    Washington,DC20036     		None PC Employee Matching Gift 100
    Baton Rouge Youth Coalition
    460 North 11th Street
    Baton Rouge,LA70802     		None PC Employee Matching Gift 100
    Bethlehem Academy
    105 3rd Ave SW
    Faribault,MN55021     		None PC Employee Matching Gift 50
    The Family Tree
    3805 Marshall Street 100
    Wheat Ridge,CO80033     		None PC Employee Matching Gift 50
    Weecycle
    20 S Havana Street Suite 210
    Aurora,CO80012     		None PC Employee Matching Gift 50
    Public Broadcasting of Colorado Inc
    7409 S Alton Court
    Centennial,CO80112     		None PC Employee Matching Gift 30
    Raise The Future
    1325 S Colorado Blvd Suite B700
    Denver,CO80222     		None PC Non-Grant Contribution 500
    Raise The Future
    1325 S Colorado Blvd Suite B700
    Denver,CO80222     		None PC Non-Grant Contribution 500
    Colorado Humanities
    7935 E Prentice Ave Ste 450
    Greenwood Village,CO80111     		None PC Non-Grant Contribution 500
    Moonshot edVentures
    3840 N York Street Suite 145
    Denver,CO80205     		None PC Non-Grant Contribution 500
    Moonshot edVentures
    3840 N York Street Suite 145
    Denver,CO80205     		None PC Non-Grant Contribution 500
    Community First Foundation
    5855 Wadsworth Bypass Unit A
    Arvada,CO80003     		None PC Non-Grant Contribution 25,000
    Stand for Children Leadership Center
    2121 SW Broadway Suite 111
    Portland,OR97201     		None PC Non-Grant Contribution 10,000
    Denver Early Childhood Council
    3532 Franklin Street Suite F
    Denver,CO80205     		None PC Non-Grant Contribution 10,000
    University of Denver
    2601 E Colorado Avenue
    Denver,CO80208     		None PC Non-Grant Contribution 7,500
    Colorado Fiscal Institute
    1905 Sherman St Suite 225
    Denver,CO80203     		None PC Non-Grant Contribution 3,000
    Total .................................bullet 3a 6,975,762
    bApproved for future payment
    CLLARO
    PO Box 17932
    Denver,CO80217     		None PC Support to reach the Latino community across the state, with CLLARO's strong base of support in the Far Northeast of Denver and Aurora, and their organizing and policy work spans our outcome areas of Youth Success and Family Economic mobility. 75,000
    Colorado Nonprofit Development Center
    789 Sherman Street Suite 250
    Denver,CO80203     		None PC Support capacity building with our advocacy/partnership efforts to ensure that we have the staff that is equipped to continue to educate and be a catalyst for moving faith partners, families and students to act to ensure that we are abolishing inequalities and inequities and developing a reality that will prepare all children for the choice of college without the need for remediation. 75,000
    CrossPurpose
    PO Box 2483
    Denver,CO80201     		None PC Support Family economic mobility by Community-building, therapy, financial counseling, and early-stage job skills leading to consistent income growth. 4-6 month programs with 80% placement in $20+/hr. Scaling from 125 participants to 500 by 2025. 75,000
    Enterprise Community Partners Inc
    70 Corporate Ctr 11000 Broken Land
    Pkwy 700
    Columbia,MD21044     		None PC Facilitating a network of local housing and non-profit providers to preserve NOAH, build the data-base of affordable housing, and provide boots-on-the-ground options for ownership being pressured to sell to luxury developers. 60,000
    Great Education Colorado Fund
    1355 S Colorado Blvd Building C
    Suite 500
    Denver,CO80222     		None PC Support the Youth Success outcome area with a statewide network of ~3,000 volunteers, they are especially strong in swing suburban counties, and they have proven their efficacy at voter contact in the Proposition EE and Amendment B campaigns in the last election cycle. In addition to their on-the-ground advocacy efforts, GEC is also a key player in discussions about the '22/'24 ballot cycles. (They have a particular interest in winning additional revenue for K-12 education.) 75,000
    Parent Possible
    800 Grant Street Suite 200
    Denver,CO80203     		None PC Support a coalition strengthening, advocacy and coordinated data collection to strengthen services to families, improve coordination and efficiency among program models, advance efforts to expand home visiting programming, and focus on investment task force recommendations, state agency planning and federal advocacy. 100,000
    Total .................................bullet 3b 460,000
    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 ...........     		         
    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 ............     		523000 1,359 18 21,491,629  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aIncome from pass-through entities     		    14 -5,734,274  
    bUBTI from pass-through entities 523000 3,722,224      
    cInterest from PRIs     14 181,624  
    dOther income     01 29,615  
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 3,723,583 17,711,907 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    21,435,490
    (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.)
    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
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    Gary Philanthropy
     
    Employer identification number

    81-0587194
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    Gary Philanthropy
          		Employer identification number
    81-0587194
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    Gary Community Investment Company
     
    1705 17th Street Suite 200
     
    Denver, CO80202

    		$ 681,097


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    City Fund
     
    6312 Seven Corners Center 354
     
    Falls Church, VA22044

    		$ 50,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    Tax Help Colorado co Wells Fargo
     
    550 S 4th St
     
    Minneapolis, MN55415

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    Gary Philanthropy
          		Employer identification number

    81-0587194
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 Shared expenses paid by Gary Ventures on behalf of Gary Philanthropy. $ 681,097 2021-12-31
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    Gary Philanthropy
          		Employer identification number

    81-0587194
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    Gary Philanthropy
    EIN:
    81-0587194
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Kundinger, Corder & Engle, P.C. 39,800 2,985   35,820

    TY 2021 AllOthProgRltdInvestmentsSch
    Name:
    Gary Philanthropy
    EIN:
    81-0587194
    Category Amount
    During 2021, the Foundation began piloting a down-payment assistance program supporting first-time Black homebuyer under a share-equity model, whereby homebuyers pay this money back when they sell or refinance their homes. As of December 31,2021 the Foundation disbursed $893,459 under the program. 893,459

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    TY 2021 ExpenditureResponsibilityStmt
    Name:
    Gary Philanthropy
    EIN:
    81-0587194
    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
    Foundation for Educational Excellence
          		4908 Tower Road
    Denver,CO80249     		2018-08-01 765,000 To support the operational expansion of construction training, job placement and professional career development for the Colorado Homebuilding Academy, a member of the WORKNOW Initiative. 765,000 The Foundation is not aware of any diversion of grant funds. 1/31/20, 8/31/20, 1/29/21 2021-09-30 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. Final grant report was received on 9/30/2021.

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    Gary Philanthropy
    EIN:
    81-0587194
    Name of Bond End of Year Book Value End of Year Fair Market Value
    SNW Asset Management LLC 55,289,116 55,289,116

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    Gary Philanthropy
    EIN:
    81-0587194
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Ethic Inc 41,705,697 41,705,697
    Generation IM Global Equity 20,163,269 20,163,269
    Vanguard FTSE Emerging 5,366,998 5,366,998

    TY 2021 InvestmentsOtherSchedule2
    Name:
    Gary Philanthropy
    EIN:
    81-0587194
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Access Venture Partners IV FMV 1,113,615 1,113,615
    Achieve Partners FMV 2,822,142 2,822,142
    Althelia FMV 1,039,936 1,039,936
    Apis & Heritage Legacy Fund I FMV 450,692 450,692
    Brevet Special Opportunity Fund FMV 14,838,209 14,838,209
    Bridges Ventures, LP FMV 2,240,387 2,240,387
    Chamba Inc. FMV 100,000 100,000
    CIM Enterprise Fund, LP FMV 5,000,000 5,000,000
    Elevar Equity Fund III FMV 9,109,645 9,109,645
    EveryDay Labs FMV 500,000 500,000
    Global SME Growth Fund LP FMV 3,121,154 3,121,154
    Greenbacker FMV 5,084,723 5,084,723
    Guardian Collective App Inc FMV 499,998 499,998
    Honest Jobs, Inc. FMV 100,000 100,000
    Huntington Capital Fund III FMV 1,040,623 1,040,623
    Impact America Fund II, LP FMV 749,394 749,394
    Indus Asia FMV 10,794 10,794
    Kimpact Evergreen Real Estate FMV 15,576,229 15,576,229
    King Street Capital, Ltd. FMV 222,435 222,435
    Landed Homeownership Impact FMV 2,267,653 2,267,653
    Learn Capital Venture FMV 4,812,002 4,812,002
    LearnStart I FMV 2,525,954 2,525,954
    LearnStart II FMV 337,109 337,109
    Lendable SIV FMV 5,025,000 5,025,000
    Lyme Forest Fund IV, LP FMV 5,991,921 5,991,921
    New Energy Capital Infrastruct FMV 1,034,424 1,034,424
    North Sky Clean Growth Fund IV FMV 1,534,453 1,534,453
    ParentPowered FMV 220,000 220,000
    Reach III, LP FMV 995,023 995,023
    Sarona Frontier Markets Fnd II FMV 3,125,065 3,125,065
    SJF Ventures IV FMV 2,347,637 2,347,637
    Vision Ridge Sustainable Asset FMV 4,824,525 4,824,525
    Vyllage Co. FMV 748,452 748,452
    Wonderschool FMV 90,000 90,000
    Zeal Capital Partners Fund I FMV 949,149 949,149

    TY 2021 LandEtcSchedule2
    Name:
    Gary Philanthropy
    EIN:
    81-0587194
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Equipment 108,850 79,069 29,781 29,781


    TY 2021 LegalFeesSchedule
    Name:
    Gary Philanthropy
    EIN:
    81-0587194
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Polsinelli PC 52,267 47,880   4,387
    Tuthill & Hughes LLP 312 0   312
    Davis Graham & Stubb 67,254 63,784   3,470
    Offit Kurman Attorneys At Law 4,705 4,705   0
    Learning League legal fees 74,832 0   74,832


    TY 2021 OtherAssetsSchedule
    Name:
    Gary Philanthropy
    EIN:
    81-0587194
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Program related investments 6,759,115 7,527,352 7,527,352
    East 25th Avenue LLC 45,637 45,536 45,536
    Investment interest, dividends and distributions receivable 1,017,302 856,179 856,179


    TY 2021 OtherExpensesSchedule
    Name:
    Gary Philanthropy
    EIN:
    81-0587194
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Other expenses 223,516 22,325   201,194
    Insurance 24,766 2,477   22,289
    Professional development 18,651 1,826   16,825
    Advertising 94,297 0   94,297
    In-kind shared office expenses 681,097 0   681,097


    TY 2021 OtherIncomeSchedule2
    Name:
    Gary Philanthropy
    EIN:
    81-0587194
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Income from pass-through entities -5,734,274 -5,734,274 -5,734,274
    UBTI from pass-through entities 3,722,224   3,722,224
    Interest from PRIs 181,624 181,624 181,624
    Other income 29,615 29,615 29,615


    TY 2021 OtherIncreasesSchedule
    Name:
    Gary Philanthropy
    EIN:
    81-0587194
    Description Amount
    Unrealized gain on investments 9,354,018


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    Gary Philanthropy
    EIN:
    81-0587194
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Other professional fees 234,127 0   234,127
    The Caprock Group 246,500 184,875   0
    Change Matrix 387,500 0   387,500
    Root Policy Research 59,000 0   59,000
    Colorado Futures Center 84,000 0   84,000
    Consume & Create 52,500 0   52,500
    Slalom, LLC 378,536 0   378,536
    Aperio Group 65,209 65,209   0
    SNW Asset Management LLC 89,955 89,955   0
    Ethic Inc. 29,597 29,597   0
    Learning League contract labor 498,053 0   498,053
    Learning League other consulting 1,132 0   1,132


    TY 2021 TaxesSchedule
    Name:
    Gary Philanthropy
    EIN:
    81-0587194
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise tax accrual basis 286,880 0   0