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
RICHARD AND JOAN RINGOEN FAMILY
FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)1190 LINDEN AVE
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOULDER, CO80304
A Employer identification number

35-1803115
B Telephone number (see instructions)

(303) 618-3162
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$19,033,009
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 333,263 325,888  
5a Gross rents............ 18,750 18,750  
b Net rental income or (loss) 12,755
6a Net gain or (loss) from sale of assets not on line 10 923,199
b Gross sales price for all assets on line 6a 1,539,774
7 Capital gain net income (from Part IV, line 2)... 923,199
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,275,212 1,267,837  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 25,625 9,377   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 99,230 99,039   191
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 124,855 108,416   191
25 Contributions, gifts, grants paid....... 477,300 477,300
26 Total expenses and disbursements. Add lines 24 and 25 602,155 108,416   477,491
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 673,057
b Net investment income (if negative, enter -0-) 1,159,421
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............. 40,346 105,861 105,861
2 Savings and temporary cash investments......... 1,441,233 617,070 617,070
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,377,887 Click to see attachment4,197,693 6,452,233
c Investments—corporate bonds (attach schedule)....... 149,451 Click to see attachment149,451 158,048
11 Investments—land, buildings, and equipment: basis bullet2,657,000
Less: accumulated depreciation (attach schedule) bullet   2,657,000 2,657,000 2,650,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,068,544 Click to see attachment6,666,964 9,049,797
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment373 Click to see attachment341 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 13,734,834 14,394,380 19,033,009
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment46,128 Click to see attachment32,617
23 Total liabilities (add lines 17 through 22)......... 46,128 32,617
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 13,688,706 14,361,763
29 Total net assets or fund balances (see instructions)..... 13,688,706 14,361,763
30 Total liabilities and net assets/fund balances (see instructions). 13,734,834 14,394,380
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
13,688,706
2
Enter amount from Part I, line 27a .....................
2
673,057
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
14,361,763
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
14,361,763
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 PUBLICILY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,024,265   616,575 407,690
b 515,509     515,509
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       407,690
b       515,509
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 923,199
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 16,116
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 16,116
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 13,160
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 12,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 25,160
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 132
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 8,912
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet8,912 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (303) 618-3162

    Located atbullet1190 LINDEN AVEBOULDERCO ZIP+4bullet80304
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DAVID R RINGOEN PRESIDENT
    2.00
    0 0 0
    1190 LINDEN AVE
    BOULDER,CO80304
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    15,636,358
    b
    Average of monthly cash balances.......................
    1b
    54,184
    c
    Fair market value of all other assets (see instructions)................
    1c
    2,650,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    18,340,542
    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
    18,340,542
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    275,108
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    18,065,434
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    903,272
    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
    903,272
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    16,116
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    16,116
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    887,156
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    887,156
    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
    887,156
    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 7 887,156
    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...... 1,344
    b From 2017...... 3,282
    c From 2018......  
    d From 2019......  
    e From 2020...... 1,244,512
    f Total of lines 3a through e ........ 1,249,138
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 477,491
    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..... 477,491
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 409,665 409,665
    (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 5 839,473
    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) ...
    0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......
    839,473
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020.... 839,473
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    AGROS INTERNATIONAL
    2225 4TH AVE SUITE 200
    SEATTLE,WA98121
    NONE PC ANNUAL SUPPORT 130,000
    BACK2BACK MINISTRIES
    PO BOX 70
    MASON,OH45040
    NONE PC ANNUAL SUPPORT 6,000
    BOULDER PHILHARMONIC
    1600 RANGE STREET STE 200
    BOULDER,CO80301
    NONE PC ANNUAL SUPPORT 500
    BOULDER PREGNANCY RESOURCE CENTER
    2334 N BROADWAY STE D
    BOULDER,CO80304
    NONE PC ANNUAL SUPPORT 2,000
    BOULDER SUZUKI STRINGS
    2705 STANFORD AVE
    BOULDER,CO80305
    NONE PC ANNUAL SUPPORT 500
    BOULDER TREASURES INC
    1638 PEARL ST
    BOULDER,CO80302
    NONE PC ANNUAL SUPPORT 4,000
    CALVARY BIBLE CHURCH
    3245 KALMIA AVE
    BOULDER,CO80301
    NONE PC ANNUAL SUPPORT 5,000
    CHRISTIAN AID MISSION
    PO BOX 9037
    CHARLOTTESVILLE,VA22906
    NONE PC ANNUAL SUPPORT 1,000
    COLSON CENTER FOR CHRISTIAN WORLDVIEW
    PO BOX 62160
    COLORADO SPRINGS,CO80962
    NONE PC ANNUAL SUPPORT 4,500
    COMPASSION INTERNATIONAL
    12290 VOYAGER PARKWAY
    COLORADO SPRINGS,CO80921
    NONE PC ANNUAL SUPPORT 4,500
    DESIRING GOD
    PO BOX 2901
    MINNEAPOLIS,MN55402
    NONE PC ANNUAL SUPPORT 2,500
    EFCA REACH GLOBAL
    901 EAST 78TH STREET
    MINNEAPOLIS,MN554201300
    NONE PC ANNUAL SUPPORT 2,500
    FAMILYLIFE
    PO BOX 7111
    LITTLE ROCK,AR72223
    NONE PC ANNUAL SUPPORT 4,500
    FLCCC ALLIANCE
    2001 L ST NW SUITE 500
    WASHINGTON,DC20036
    NONE PC ANNUAL SUPPORT 2,500
    FOCUS ON THE FAMILY
    8605 EXPLORER DRIVE
    COLORADO SPRINGS,CO809201051
    NONE PC ANNUAL SUPPORT 2,500
    HORIZONS INTERNATIONAL
    PO BOX 18478
    BOULDER,CO803081478
    NONE PC ANNUAL SUPPORT 50,000
    HOUSE OF HOPE INTERNATIONAL
    PO BOX 1027
    MAULDIN,SC29662
    NONE PC ANNUAL SUPPORT 1,500
    I2 MINISTRIES
    PO BOX 3403
    LA HABRA,CA90632
    NONE PC ANNUAL SUPPORT 90,000
    INTERNATIONAL JUSTICE MISSION
    PO BOX 96961
    WASHINGTON,DC200906961
    NONE PC ANNUAL SUPPORT 7,500
    INTERVARSITY CHRISTIAN FELLOWSHIP
    PO BOX 7895
    MADISON,WI537077895
    NONE PC ANNUAL SUPPORT 2,500
    LEADERSHIP DEVELOPMENT
    4616 25TH AVE NE PMB 225
    SEATTLE,WA98105
    NONE PC ANNUAL SUPPORT 1,000
    LOVE JUSTICE
    PO BOX 67195
    LINCOLN,NE68506
    NONE PC ANNUAL SUPPORT 5,000
    MAZATLAN MISSIONS
    204 TIMPOOCHEE DR
    INDIAN HARBOR BEACH,FL32937
    NONE PC ANNUAL SUPPORT 6,500
    MOTHER HOUSE
    PO BOX 19589
    BOULDER,CO80308
    NONE PC ANNUAL SUPPORT 1,000
    PRISON FELLOWSHIP
    PO BOX 1550
    MERRIFIELD,VA221161550
    NONE PC ANNUAL SUPPORT 4,200
    RANCHO DEL REY
    PO BOX 4724
    OLATHE,KS66063
    NONE PC ANNUAL SUPPORT 1,500
    ARISE AGAINST SUICIDE
    603 S PUBLIC RD PO BOX 846
    LAFAYETTE,CO80026
    NONE PC ANNUAL SUPPORT 2,500
    SALVATION ARMY OF BOULDER COUNTY
    1701 33RD ST
    BOULDER,CO80301
    NONE PC ANNUAL SUPPORT 2,000
    SERVANT PARTNERS
    PO BOX 3144
    POMONA,CA91769
    NONE PC ANNUAL SUPPORT 7,500
    STAND TO REASON
    1438 E 33RD ST
    SIGNAL HILL,CA90755
    NONE PC ANNUAL SUPPORT 1,500
    SUMMIT MINISTRIES
    PO BOX 207
    MANITOU SPRINGS,CO80829
    NONE PC ANNUAL SUPPORT 5,000
    THE BIBLE PROJECT
    PO BOX 14278
    PORTLAND,OR97293
    NONE PC ANNUAL SUPPORT 2,500
    THE INN BETWEEN OF LONGMONT
    515 KIMBARK ST SUITE 107
    LONGMONT,CO80501
    NONE PC ANNUAL SUPPORT 1,500
    THE NAVIGATORS
    PO BOX 6079
    ALBERT LEA,MN560076679
    NONE PC ANNUAL SUPPORT 94,000
    THE VOICE OF THE MARTYRS
    1815 SE BISON ROAD
    BARTLESVILLE,OK74006
    NONE PC ANNUAL SUPPORT 1,000
    WILD AT HEART
    PO BOX 51065
    COLORADO SPRINGS,CO809491065
    NONE PC ANNUAL SUPPORT 2,000
    WORLDWIDE DISCIPLESHIP ASSOCIATION
    PO BOX 142437
    FAYETTEVILLE,GA30214
    NONE PC ANNUAL SUPPORT 1,100
    YOUNG LIFE FOUNDATION
    PO BOX 5184
    HARLAN,IA515930684
    NONE PC ANNUAL SUPPORT 12,500
    3BUILDGLOBAL
    510 HYDRANGEA COURT
    ROSEVILLE,CA95747
    NONE PC ANNUAL SUPPORT 1,000
    Total .................................bullet 3a 477,300
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........
             
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 12,755  
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 923,199  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 1,269,217 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,269,217
    (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

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    RICHARD AND JOAN RINGOEN FAMILY
     
    FOUNDATION INC
    EIN:
    35-1803115
    Name of Bond End of Year Book Value End of Year Fair Market Value
    KROGER CO 3.700% DUE 8/01/2027 48,176 54,606
    MIDWEST CITY OKLA, GO BDS, SER 2020A 2.500% DUE 6/1/2035 101,275 103,442

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    RICHARD AND JOAN RINGOEN FAMILY
     
    FOUNDATION INC
    EIN:
    35-1803115
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AES CORP 46,718 98,464
    AFLAC INC 92,248 151,814
    AIR PRODUCTS & CHEMICALS INC 56,220 121,704
    AMERICAN ELECTRIC POWER COMPANY INC 99,436 138,704
    APPLE INC 32,132 53,271
    APA CORPORATION 39,147 67,225
    BP PLC SPONSORED ADR 107,636 82,420
    BALL CORPORATION 111,476 288,810
    BLACKROCK INC 77,062 183,112
    BLOOMIN BRANDS INC 55,445 52,450
    BOEING COMPANY 81,980 80,528
    CANADIAN NATL RY COMPANY 102,000 122,990
    CISCO SYSTEMS INC 196,289 391,183
    DISNEY WALT COMPANY 61,267 61,956
    EXXON MOBILE CORP 113,556 83,953
    FEDEX CORPORATION 321,706 362,096
    FIRST MERCHANTS CORP 262,184 271,531
    FISERV INC 49,531 51,895
    GILEAD SCIENCES INC 33,571 36,305
    GRAINGER W W INC 13,086 26,430
    HUNTINGTON BANCSHARES INC 158,400 169,620
    INTEL CORP 28,254 30,900
    INTERNATIONAL BUSINESS MACHINES 97,432 106,928
    JPMORGAN CHASE & COMPANY 61,659 110,845
    JOHNSON & JOHNSON 80,021 113,248
    KROGER COMPANY 17,131 23,354
    KYNDRYL HLDGS INC 4,271 2,896
    L3HARRIS TECHNOLOGIES INC 102,456 172,724
    LABORATORY CORP OF AMER HOLDINGS 122,090 282,789
    LILLY ELI & COMPANY 78,313 276,220
    MERCK & COMPANY INC 32,015 39,623
    MICROSOFT CORP 83,844 437,216
    NUCOR CORP 23,509 57,075
    ORACLE CORP 182,210 387,474
    PPL CORPORATION 16,185 15,030
    PEPSICO INC 12,964 48,465
    PRUDENTIAL FINANCIAL INC 246,123 243,973
    PULTEGROUP 53,036 143,929
    RAYTHEON TECHNOLOGIES CORP 46,243 46,989
    SCOTTS MIRACLE-GRO COMPANY 118,870 96,600
    SOUTHWEST AIRLS COMPANY 61,897 42,840
    SYSCO CORP 27,207 39,275
    TJX COMPANIES INC 122,453 233,834
    3M COMPANY 81,840 88,815
    UNITED PARCEL SERVICE INC 50,919 64,302
    VALERO ENERGY CORP 96,959 135,198
    VERIZON COMMUNICATIONS INC 152,083 163,778
    VILLAGE FARMS INTERNATIONAL INC 21,237 12,840
    LINDE PLC SHS 65,382 138,612

    TY 2021 InvestmentsOtherSchedule2
    Name:
    RICHARD AND JOAN RINGOEN FAMILY
     
    FOUNDATION INC
    EIN:
    35-1803115
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BLACKROCK NATIONAL MUNICIPAL FUND AT COST 221,247 233,891
    COHEN & STEERS REALTY CL 1 AT COST 88,832 118,828
    COLUMBIA MORTGAGE OPPORTUNITIES FD AT COST 201,080 193,185
    COLUMBIA CONVERTIBLE SECURITIES FD AT COST 501,361 471,813
    COLUMBIA DIVIDEND INCOME AT COST 888,942 1,443,612
    DODGE & COX INCOME AT COST 107,850 114,248
    DODGE & COX STOCK AT COST 214,689 402,491
    FIDELITY ADVISOR SMALL CAP AT COST 480,276 590,005
    FIDELITY DIVERSIFIED INTL AT COST 912,818 1,267,924
    FRANKLIN DYNATECH AT COST 355,868 432,680
    IVY EMERGING MARKETS EQUITY FUND AT COST 52,279 64,824
    LORD ABBETT INTERNATIONAL OPPT. FUND AT COST 56,581 60,012
    NEUBERGER BERMAN GENESIS FD INVESTOR AT COST 200,199 299,288
    NEUBERGER BERMAN GENESIS FD INSTITUTIONAL AT COST 1,211,354 1,579,509
    SPROTT PHYSICAL GOLD & SLVR TR AT COST 32,336 30,158
    T ROWE PRICE EMERGINING MARKETS STOCK AT COST 191,848 256,629
    VANGUARD SMALL CAP IDX FD ADMIRAL AT COST 649,169 1,080,897
    FIRST TRUST NASDAQ TECHNOLOGY DIVIDEND IDX AT COST 37,654 64,107
    INVESCO QQQ AT COST 24,949 54,903
    ISHARES GOLD TRUST AT COST 31,059 34,810
    ISHARES IBOXX INVESTMENT GRADE CORP BOND ETF AT COST 104,571 119,268
    ISHARES U.S. UTILITS AT COST 71,637 88,430
    VANGUARD FINANCIALS AT COST 27,680 48,285
    OTHER INVESTMENTS AT COST 2,685 0

    TY 2021 OtherAssetsSchedule
    Name:
    RICHARD AND JOAN RINGOEN FAMILY
     
    FOUNDATION INC
    EIN:
    35-1803115
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDENDS RECEIVABLE 3 3 0
    TAX EXEMPT DIVIDENDS RECEIVABLE 370 338 0


    TY 2021 OtherExpensesSchedule
    Name:
    RICHARD AND JOAN RINGOEN FAMILY
     
    FOUNDATION INC
    EIN:
    35-1803115
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 98,849 98,849   0
    P.O. BOX RENTAL 322 161   161
    OFFICE SUPPLIES 59 29   30


    TY 2021 OtherLiabilitiesSchedule
    Name:
    RICHARD AND JOAN RINGOEN FAMILY
     
    FOUNDATION INC
    EIN:
    35-1803115
    Description Beginning of Year - Book Value End of Year - Book Value
    CALL: APA CORP 1/21/22 0 9,625
    CALL: BALL CORPORATION 1/15/2021 20,729 0
    CALL: CVS HEALTH 1/15/2021 690 0
    CALL: CATERPILLAR INC 1/15/2021 3,972 0
    CALL: CISCO SYSTEMS 2/18/22 0 10,736
    CALL: DISNEY WALT COMPANY 3/19/2021 5,070 0
    CALL: GILEAD SCIENCES 2/18/22 0 1,010
    CALL: GOLDMAN SACHS GROUP 1/15/2021 1,380 0
    CALL: INTERNATIONAL BUSINESS MACHINES 2/18/22 0 3,084
    CALL: LINDE PLC 4/14/22 0 5,074
    CALL: ORACLE CORP 1/15/2021 3,388 0
    CALL: TJX COS INC 1/15/2021 4,500 0
    EXCISE TAX PAYABLE 6,399 3,088


    TY 2021 TaxesSchedule
    Name:
    RICHARD AND JOAN RINGOEN FAMILY
     
    FOUNDATION INC
    EIN:
    35-1803115
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 16,248 0   0
    FOREIGN TAXES 3,382 3,382   0
    REAL ESTATE TAXES 5,995 5,995   0