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
PEMA FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)770 HIGH STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DENVER, CO80218
A Employer identification number

30-0202608
B Telephone number (see instructions)

(303) 694-2190
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$38,369,168J 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) 1,500,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 892 892  
4 Dividends and interest from securities... 736,778 734,548  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,208,376
b Gross sales price for all assets on line 6a 4,983,347
7 Capital gain net income (from Part IV, line 2)... 1,208,376
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 4,121 4,121  
12 Total. Add lines 1 through 11........ 3,450,167 1,947,937  
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)....... Click to see attachment 7,250 6,525   725
c Other professional fees (attach schedule).... Click to see attachment 158,471 158,471   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 17,294 17,294   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 8,557 8,274   283
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 191,572 190,564   1,008
25 Contributions, gifts, grants paid....... 1,761,214 1,761,214
26 Total expenses and disbursements. Add lines 24 and 25 1,952,786 190,564   1,762,222
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,497,381
b Net investment income (if negative, enter -0-) 1,757,373
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............. 2,541,631 2,174,057 2,174,057
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet102,020
Less: allowance for doubtful accounts bullet   2,000 102,020 102,020
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)....... 20,066,053 Click to see attachment21,671,228 34,808,052
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,132,947 Click to see attachment1,299,957 1,285,039
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 23,742,631 25,247,262 38,369,168
Liabilities 17 Accounts payable and accrued expenses.......... 3,213 10,463
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 3,213 10,463
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........ 3,845,434 3,845,434
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 19,893,984 21,391,365
29 Total net assets or fund balances (see instructions)..... 23,739,418 25,236,799
30 Total liabilities and net assets/fund balances (see instructions). 23,742,631 25,247,262
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
23,739,418
2
Enter amount from Part I, line 27a .....................
2
1,497,381
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
25,236,799
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
25,236,799
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 AMG NATIONAL TRUST BANK P    
b AMG NATIONAL TRUST BANK P    
c AMG NATIONAL TRUST BANK P    
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 2,235,508   1,898,909 336,599
b 131,871   83,894 47,977
c 2,615,968   1,792,168 823,800
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       336,599
b       47,977
c       823,800
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 1,208,376
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 24,427
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 24,427
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 48,343
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 48,343
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 166
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 23,750
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet23,750 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)
    bulletDE
    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 ofbulletAMG NATIONAL TRUST BANK Telephone no.bullet (303) 694-2190

    Located atbullet6295 GREENWOOD PLAZA BLVDGREENWOOD VILLAGECO ZIP+4bullet801114908
    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
    PETER H COORS DIRECTOR
    0.50     		0 0 0
    770 HIGH STREET
    DENVER,CO80218
    MARILYN E COORS DIRECTOR
    0.50     		0 0 0
    770 HIGH STREET
    DENVER,CO80218
    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
    32,559,842
    b
    Average of monthly cash balances.......................
    1b
    2,325,173
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,279,644
    d
    Total (add lines 1a, b, and c).........................
    1d
    36,164,659
    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
    36,164,659
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    542,470
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    35,622,189
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,781,109
    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
    1,781,109
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    24,427
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    24,427
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,756,682
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,756,682
    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
    1,756,682
    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 1,756,682
    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...... 421,892
    b From 2017...... 763,800
    c From 2018...... 650,543
    d From 2019...... 772,265
    e From 2020...... 275,792
    f Total of lines 3a through e ........ 2,884,292
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,762,222
    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..... 1,756,682
    e Remaining amount distributed out of corpus 5,540
    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 2,889,832
    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) ...     		421,892
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		2,467,940
    10 Analysis of line 9:
    a Excess from 2017.... 763,800
    b Excess from 2018.... 650,543
    c Excess from 2019.... 772,265
    d Excess from 2020.... 275,792
    e Excess from 2021.... 5,540
    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).)
    PETER H COORS
    MARILYN E COORS
    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
    ACE SCHOLARSHIPS
    1201 E COLFAX AVE
    DENVER,CO80218     		NONE EXEMPT EDUCATION 100,000
    ALZHEIMER'S ASSOCIATION
    455 N SHERMAN ST STE 500
    DENVER,CO80203     		NONE EXEMPT MEDICAL 500
    AMERICAN ENTERPRISE INSTITUTE
    1150 17TH ST NW
    WASHINGTON,DC20036     		NONE EXEMPT OMMUNITY SERVICE 391,000
    AMERICAN RED CROSS
    444 N SHERMAN ST
    DENVER,CO80203     		NONE EXEMPT COMMUNITY SERVICE 125,000
    ARCHBISHOP'S CATHOLIC APPEAL
    PO BOX 100316
    DENVER,CO80250     		NONE EXEMPT RELIGIOUS 50,000
    ARRUPE JESUIT HIGH SCHOOL
    4343 UTICA STREET
    DENVER,CO80212     		NONE EXEMPT EDUCATION 10,000
    AUGUSTINE INSTITUTE
    6160 S SYRACUSE WAY SUITE 310
    GREENWOOD VILLAGE,CO80111     		NONE EXEMPT EDUCATION 50,000
    CATHOLIC CHARITIES
    4045 PECOS STREET
    DENVER,CO80211     		NONE EXEMPT COMMUNITY 60,000
    CATHOLIC RELIEF SERVICES
    5304 KORTH DRIVE
    AUSTIN,TX75742     		NONE EXEMPT COMMUNITY 26,000
    CF FOUNDATION
    400 S COLORADO BLVD STE 840
    DENVER,CO80246     		NONE EXEMPT COMMUNITY 500
    CHEMICAL MARKETING & ECONOMICS INC
    55 MADISON AVENUE STE 400
    MARRISTOWN,NJ07960     		NONE EXEMPT EDUCATION 20,000
    CLAP
    PO BOX 1183
    CORTEZ,CO81321     		NONE EXEMPT CHARITABLE 1,000
    COLORADO DOMINICAN VOCATION FOUNDATION
    3005 W 29TH AVENUE
    DENVER,CO80211     		NONE EXEMPT RELIGIOUS 5,000
    COLORADO GOLF ASSOCIATION
    5990 GREENWOOD PLAZA BLVD STE 102
    GREENWOOD VILLAGE,CO80111     		NONE EXEMPT COMMUNITY 5,000
    COLORADO OUTREACH EXCHANGE
    1 TAMARAC LANE
    CHERRY HILLS VILLAGE,CO80113     		NONE EXEMPT COMMUNITY 5,000
    COMMON SENSE POLICY ROUNDTABLE
    4950 S YOSEMITE STREET F2 314
    GREENWOOD VILLAGE,CO80111     		NONE EXEMPT EDUCATION 10,000
    CONVENTION OF STATES ACTION
    5850 SAN FELIPE STREET SUITE 580
    HOUSTON,TX77057     		NONE EXEMPT COMMUNITY 20,000
    CORNELL UNIVERSITY
    130 E SENECA ST
    ITHACA,NY14850     		NONE EXEMPT EDUCATION 500
    CU FOUNDATION
    1800 GRANT STREET STE 725
    DENVER,CO80203     		NONE EXEMPT EDUCATION 10,000
    DENVER ART MUSEUM
    100 W 14TH AVE PKWY
    DENVER,CO802042788     		NONE EXEMPT COMMUNITY 17,000
    DENVER BOTANIC GARDENS
    1007 YORK STREET
    DENVER,CO80206     		NONE EXEMPT COMMUNITY 1,900
    DENVER POLICE FOUNDATION
    1700 LINCOLN STREET STE 4100
    DENVER,CO80203     		NONE EXEMPT COMMUNITY 5,500
    DUCKS UNLIMITED
    3648 HEATHERWOOD WAY
    EVERGREEN,CO80439     		NONE EXEMPT COMMUNITY 22,750
    ENDOW
    6021 SOUTH SYRACUSE WAY SUITE 220
    GREENWOOD VILLAGE,CO80111     		NONE EXEMPT RELIGIOUS 50,000
    ESCUELA DE GUADALUPE
    660 JULIAN ST
    DENVER,CO80204     		NONE EXEMPT COMMUNITY 10,000
    EVANS SCHOLAR FOUNDATION
    2501 PATRIOT BLVD
    GLENVIEW,IL60026     		NONE EXEMPT COMMUNITY 1,000
    FIRE FIGHTERS FOUNDATION
    12 LAKESIDE LANE STE 200
    DENVER,CO80212     		NONE EXEMPT COMMUNITY 10,000
    GATES CENTER FOR REGENERATIVE MEDICINE
    NORTH REASEARCH COMPLEX 1 12800 E
    19TH AVE
    AURORA,CO80045     		NONE EXEMPT MEDICAL 10,000
    GOOD SHEPHERD CATHOLIC SCHOOL
    620 ELIZABETH STREET
    DENVER,CO80206     		NONE EXEMPT EDUCATION 5,000
    GRATEFUL MUSIC FOUNDATION
    11605 WEST 73RD AVENUE
    ARVADA,CO80005     		NONE EXEMPT COMMUNITY 500
    HELP A HERO SCHOLARSHIP FUND
    318 ALLEN ST
    CASTLE ROCK,CO80401     		NONE EXEMPT COMMUNITY 3,000
    INDEPENDENCE INSTITUTE
    727 E 16TH AVE
    DENVER,CO80203     		NONE EXEMPT COMMUNITY 20,000
    LEGATUS
    PO BOX 444
    ANN ARBOR,MI48106     		NONE EXEMPT COMMUNITY 5,000
    MIZEL INSTITUTE
    400 S CARNEY STREET
    DENVER,CO80224     		NONE EXEMPT EDUCATION 15,000
    MUSEUM OF JEWISH HERITAGE
    36 BATTERY PL
    NEW YORK,NJ10280     		NONE EXEMPT COMMUNITY 10,000
    MYCATHOLICDOCTOR FOUNDATION INC
    711 SILVERMINE RD
    NEW CANAAN,CT06840     		NONE EXEMPT RELIGIOUS 12,000
    NAPA INSTITUTE
    2532 DUPONT DRIVE
    IRVINE,CA92612     		NONE EXEMPT EDUCATION 4,800
    NATIONAL TAX LIBERATION FOUNDATION
    2313 N BROADWAY
    ADA,OK74820     		NONE EXEMPT COMMUNITY 100,000
    NATIONAL METAL OF HONOR MUSEUM FOUNDATION
    1935 E RANDOL MILL ROAD
    ARLINGTON,TX76011     		NONE EXEMPT COMMUNITY 25,000
    NATIONAL WESTERN STOCK SHOW
    4655 HUMBOLDT STREET
    DALLAS,CO802162818     		NONE EXEMPT COMMUNITY 131,200
    NAVY SEAL FOUNDATION
    1619 D STREET BLDG 5326
    VIRGINIA BEACH,VA23459     		NONE EXEMPT COMMUNITY 2,500
    NEBRASKA COMMUNITY FOUNDATION
    220 NORRIS AVE
    MCCOOK,NE69001     		NONE EXEMPT COMMUNITY 500
    PHILLIPS EXETER ACADEMY
    20 MAIN STREET
    EXETER,NH03833     		NONE EXEMPT CHARITABLE 25,000
    PRAGER UNIVERSITY
    15021 VENTURA BLVD 552
    SHERMAN OAKS,CA91403     		NONE EXEMPT EDUCATION 2,500
    RELIGIOUS SISTERS OF MERCY
    1965 MICHIGAN AVE
    ALMA,MI48801     		NONE EXEMPT RELIGIOUS 30,000
    ROCKY MOUNTAIN HYPERBARIC ASSOCIATION FOR BRAIN INJURIES
    225 W SOUTH BOULDER ROAD
    LOUISVILLE,CO80027     		NONE EXEMPT HEALTH 5,000
    SEEDS OF HOPE
    1300 S STEELE ST
    DENVER,CO80210     		NONE EXEMPT COMMUNITY 7,500
    SHADOW WARRIORS PROJECT
    15054 JACKSON CREEK PARKWAY STE B
    564
    MONUMENT,CO80132     		NONE EXEMPT COMMUNITY 50,000
    SMART COLORADO
    PO BOX 802
    ENGLEWOOD,CO80151     		NONE EXEMPT COMMUNITY 500
    SNOW CAPPED SHEPHERD RESCUE
    PO BOX 270981
    LITTLETON,CO80127     		NONE EXEMPT COMMUNITY 1,000
    SOPHIA INSTITUTE
    BOX 5284
    MANCHESTER,NH03108     		NONE EXEMPT COMMUNITY 20,000
    SPHINX HEAD SOCIETY
    PO BOX 876
    ITHACA,NY14851     		NONE EXEMPT EDUCATION 250
    ST APOLINARIS CATHOLIC SCHOOL
    5250 COUNTRY LANE
    NAPA,CA94558     		NONE EXEMPT EDUCATION 500
    ST JOHN VIANNEY THEOLOGICAL SEMINARY
    1300 S STEELE ST
    DENVER,CO80210     		NONE EXEMPT EDUCATION 50,000
    STEP DENVER
    2029 LARIMER ST
    DENVER,CO80205     		NONE EXEMPT COMMUNITY 10,000
    STUDENTS FOR LIFE OF AMERICA
    4755 JEFFERSON DAVIS HWY
    FREDRICKSBURG,VA22401     		NONE EXEMPT COMMUNITY 2,000
    TAPS
    3033 WILSON BLVD SUITE 630
    ARLINGTON,VA22201     		NONE EXEMPT COMMUNITY 10,000
    THE CATHOLIC FOUNDATION
    3801 E FLORIDA AVENUE STE 909
    DENVER,CO80210     		NONE EXEMPT RELIGIOUS 10,000
    THE DAWN REDWOODS CHARITABLE TRUST
    ONE BLACKFIELD DRIVE SUITE 331
    TIBURON,CA949202053     		NONE EXEMPT COMMUNITY 500
    VOLUNTEERS OF AMERICA
    2660 LARIMER STREET
    DENVER,CO80205     		NONE EXEMPT COMMUNITY 20,000
    WESTERN STOCK SHOW ASSOCIATION
    4655 HUMBOLDT STREET
    DENVER,CO802162818     		NONE EXEMPT COMMUNITY 164,314
    Total .................................bullet 3a 1,761,214
    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 ...........     		    14 892  
    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 ............     		    18 1,208,376  
    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 1,950,167 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,950,167
    (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
    PEMA FOUNDATION INC
     
    Employer identification number

    30-0202608
    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
    PEMA FOUNDATION INC
          		Employer identification number
    30-0202608
    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
    PETER H AND MARILYN E COORS
     
    770 HIGH STREET
     
    DENVER, CO80218

    		$ 1,500,000


    (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.)
    (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
    PEMA FOUNDATION INC
          		Employer identification number

    30-0202608
    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
     
    		$    
    (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
    PEMA FOUNDATION INC
          		Employer identification number

    30-0202608
    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:
    PEMA FOUNDATION INC
    EIN:
    30-0202608
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    2020 TAX PREPARATION & ACCOUNTING FEES 7,250 6,525   725

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    PEMA FOUNDATION INC
    EIN:
    30-0202608
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMG GLOBAL DIV - ACCOR SA ADR 92,151 84,712
    AMG GLOBAL DIV - ALLIANZ SE UNSPON ADR 75,595 73,369
    AMG GLOBAL DIV - AMERICAN INTERNATIONAL GROUP 140,152 245,180
    AMG GLOBAL DIV - BAYER AG SPONSORED ADR 116,132 112,014
    AMG GLOBAL DIV - BP AMOCO 235,989 241,481
    AMG GLOBAL DIV - BAKER HUGHES CO 220,991 229,196
    AMG GLOBAL DIV - BECTON DICKINSON & CO 222,795 229,853
    AMG GLOBAL DIV - BRITISH AMERN TOB PLC 176,538 167,746
    AMG GLOBAL DIV - CIGNA CORP 73,065 78,993
    AMG GLOBAL DIV - CARDINAL HEALTH INC 179,039 188,350
    AMG GLOBAL DIV - CITIGROUP INC 267,562 236,487
    AMG GLOBAL DIV - COCA-COLA 95,233 111,991
    AMG GLOBAL DIV - CREDIT SUISSE 244,179 229,066
    AMG GLOBAL DIV - DANONE SPONSORED ADR 197,012 179,486
    AMG GLOBAL DIV - EDISON INTERNATIONAL 147,030 178,951
    AMG GLOBAL DIV - ENGIE SPON ADR 144,671 149,702
    AMG GLOBAL DIV - FIRSTENERGY CORP 65,381 79,270
    AMG GLOBAL DIV - FRESENIUS MEDICAL CAP - ADR 141,773 114,876
    AMG GLOBAL DIV - GENERAL ELECTRIC CO COM 155,072 189,885
    AMG GLOBAL DIV - GILEAD SCIENCES INC 232,863 248,471
    AMG GLOBAL DIV - GSK PLC SPAN ADS 132,939 158,143
    AMG GLOBAL DIV - HASBRO INC 138,875 150,329
    AMG GLOBAL DIV - HONDA MOTOR CO LTD ADR 123,245 131,866
    AMG GLOBAL DIV - HUNTINGTON BANCSHARES COM 234,936 239,766
    AMG GLOBAL DIV - IMPERIAL BRANDS PLC 185,250 186,764
    AMG GLOBAL DIV - ING GROEP N V SPONSORED ADR 91,559 142,123
    AMG GLOBAL DIV - JUNIPER NETWORKS 193,298 293,251
    AMG GLOBAL DIV - KOMATSU LTD ADR NEW 173,861 168,759
    AMG GLOBAL DIV - LAS VEGAS SANDS CORP 196,746 154,475
    AMG GLOBAL DIV - LEGGETT & PLATT INC 215,365 185,426
    AMG GLOBAL DIV - MERCK & CO INC 110,660 110,438
    AMG GLOBAL DIV - NOVARTIS AG SPON ADR 239,737 237,656
    AMG GLOBAL DIV - NUTRIEN LTD 85,659 178,374
    AMG GLOBAL DIV - OCCIDENTAL PETROLEUM WT EXP 1 8,638
    AMG GLOBAL DIV - RAYTHEON TECH 91,363 119,709
    AMG GLOBAL DIV - SCHLUMBERGER LTD 50,627 98,745
    AMG GLOBAL DIV - TOTAL SA SPONSORED ADR 146,186 212,430
    AMG GLOBAL DIV - WPP PLC SPON ADR 86,862 149,589
    AMG GLOBAL DIV - BABCOCK INTL 73,986 94,146
    AMG GLOBAL DIV - BUNGE LTD 63,254 178,224
    AMG GLOBAL DIV - GLENCORE PLC 63,862 186,930
    AMG IMA - EDGEWOOD GROWTH FUND 1,100,036 1,531,435
    AMG IMA - CHAMPLAIN SMALL CO FD -ADV 458,814 589,405
    AMG IMA - GRAPHIC PACKAGING HOLDING CO 1 575,250
    AMG IMA - HARBOR MID CAP VALUE FUND #023 1,026,075 1,690,373
    AMG IMA - ARISTOTLE SMALL CAP EQUITY FUND CL I 574,036 845,096
    AMG IMA - ISHARES COHEN & STEERS RLTY 468,085 723,673
    AMG IMA - ISHARES RUSSELL MIDCAP INDEX 3,350,511 6,104,472
    AMG IMA - ISHARES TRUST RUSSELL 2000 1,661,869 2,780,625
    AMG IMA - MOLSON COORS BREWING CO -B 632,213 1,063,454
    AMG IMA - SPDR S&P 500 ETF TRUST 2,199,926 5,019,377
    AMG IMA - T ROWE PRICE MID-CAP GROWTH #64 286,820 499,796
    AMG IMA - US BANKCORP DEL COM NEW 1 1,235,740
    AMG IMA - VANGUARD DIVIDEND APPREC ETF 3,991,347 5,394,496

    TY 2021 InvestmentsOtherSchedule2
    Name:
    PEMA FOUNDATION INC
    EIN:
    30-0202608
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ANCHORAGE VENTURE FUND V LLLP AT COST 20,313 5,395
    TAIGA BIOTECHNOLOGIES INC AT COST 1,020,000 1,020,000
    IBEX ISRAEL VC LP AT COST 259,644 259,644

    TY 2021 OtherExpensesSchedule
    Name:
    PEMA FOUNDATION INC
    EIN:
    30-0202608
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOUNDATION EXPENSES 567 284   283
    LOSS FROM PARTNERSHIPS 7,990 7,990   0


    TY 2021 OtherIncomeSchedule2
    Name:
    PEMA FOUNDATION INC
    EIN:
    30-0202608
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIP INCOME 4,121 4,121 4,121


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    PEMA FOUNDATION INC
    EIN:
    30-0202608
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 158,471 158,471   0


    TY 2021 TaxesSchedule
    Name:
    PEMA FOUNDATION INC
    EIN:
    30-0202608
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 17,294 17,294   0