Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
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 right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$33,323,061J 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) 1,814,166
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 630,644 629,901  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 405,845
b Gross sales price for all assets on line 6a 6,801,962
7 Capital gain net income (from Part IV, line 2)... 405,845
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........ 2,850,655 1,035,746  
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
List of Attached Documents:
// Content
7,795 7,016   779
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
158,363 158,363   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
52,651 18,651   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
List of Attached Documents:
// Content
13,000 12,240   760
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 231,809 196,270   1,539
25 Contributions, gifts, grants paid....... 2,815,250 2,815,250
26 Total expenses and disbursements. Add lines 24 and 25 3,047,059 196,270   2,816,789
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -196,404
b Net investment income (if negative, enter -0-) 839,476
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
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............. 2,174,057 1,803,046 1,803,046
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow2,000
Less: allowance for doubtful accounts right arrow   102,020 2,000 2,000
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
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)....... 5,921,494 Click to see attachment
List of Attached Documents:
// Content
6,352,728 		6,966,982
c Investments—corporate bonds (attach schedule)....... 15,749,734 Click to see attachment
List of Attached Documents:
// Content
15,597,356 		23,203,797
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,299,957 Click to see attachment
List of Attached Documents:
// Content
1,363,478 		1,347,236
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 25,247,262 25,118,608 33,323,061
Liabilities 17 Accounts payable and accrued expenses.......... 10,463 78,213
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 10,463 78,213
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
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 21,391,365 21,194,961
29 Total net assets or fund balances (see instructions)..... 25,236,799 25,040,395
30 Total liabilities and net assets/fund balances (see instructions). 25,247,262 25,118,608
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
25,236,799
2
Enter amount from Part I, line 27a .....................
2
-196,404
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
25,040,395
5
Decreases not included in line 2 (itemize) right arrow
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
25,040,395
Form 990-PF (2022)
Form 990-PF (2022)
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 3528 P    
b AMG 3528 P    
c AMG 3528 P    
d AMG 0167 P    
e CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,692,170   1,935,540 -243,370
b 3,068,307   2,710,398 357,909
c 179,017   85,659 93,358
d 1,670,777   1,664,520 6,257
e 191,691     191,691
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       -243,370
b       357,909
c       93,358
d       6,257
e       191,691
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 2 405,845
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 (2022)
Form 990-PF (2022)
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 right arrow 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) 1 11,669
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 11,669
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 11,669
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 23,750
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 33,750
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 22,081
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow22,081 Refundedright arrow 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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowDE
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 2022 or the taxable year beginning in 2022? 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 (2022)
Form 990-PF (2022)
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 addressright arrowN/A
14
The books are in care ofright arrowAMG NATIONAL TRUST BANK Telephone no.right arrow (303) 694-2190

Located atright arrow6295 GREENWOOD PLAZA BLVDGREENWOOD VILLAGECO ZIP+4right arrow801114908
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, 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 right arrow
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
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2022? .............
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 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2022 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 2022.) .....................
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 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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...................right arrow 0
Form 990-PF (2022)
Form 990-PF (2022)
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.............right arrow0
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.........................right arrow0
Form 990-PF (2022)
Form 990-PF (2022)
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
31,302,988
b
Average of monthly cash balances.......................
1b
1,680,547
c
Fair market value of all other assets (see instructions)................
1c
1,236,611
d
Total (add lines 1a, b, and c).........................
1d
34,220,146
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
34,220,146
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
513,302
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
33,706,844
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,685,342
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
1,685,342
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
11,669
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
11,669
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,673,673
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,673,673
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
1,673,673
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
2,816,789
b
Program-related investments—total from Part VIII-B..................
1b
0
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
2,816,789
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7 1,673,673
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 0
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017...... 763,800
b From 2018...... 650,543
c From 2019...... 772,265
d From 2020...... 275,792
e From 2021...... 5,540
f Total of lines 3a through e ........ 2,467,940
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 2,816,789
a Applied to 2021, 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 2022 distributable amount..... 1,673,673
e Remaining amount distributed out of corpus 1,143,116
5 Excess distributions carryover applied to 2022. 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 3,611,056
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 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		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 2017 not
applied on line 5 or line 7 (see instructions) ... 		763,800
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		2,847,256
10 Analysis of line 9:
a Excess from 2018.... 650,543
b Excess from 2019.... 772,265
c Excess from 2020.... 275,792
d Excess from 2021.... 5,540
e Excess from 2022.... 1,143,116
Form 990-PF (2022)
Form 990-PF (2022)
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 2022, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
         
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 right arrow
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 (2022)
Form 990-PF (2022)
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 784,250

ACM LIFTING LIVES

5500 BALBOA BLVD
ENCINO,CA91316 		NONE EXEMPT COMMUNITY 50,000

ALPHA SIGMA NU

PO BOX 1881
MILWAUKEE,WI532011881 		NONE EXEMPT COMMUNITY SERVICE 250

AMERICAN ENTERPRISE INSTITUTE

1150 17TH ST NW
WASHINGTON,DC20036 		NONE EXEMPT COMMUNITY SERVICE 375,000

AMERICAN RED CROSS

444 N SHERMAN ST
DENVER,CO80203 		NONE EXEMPT COMMUNITY SERVICE 25,000

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 5,000

AUGUSTINE INSTITUTE

6160 S SYRACUSE WAY SUITE 310
GREENWOOD VILLAGE,CO80111 		NONE EXEMPT EDUCATION 50,000

BETHESDA TEACHING MINISTRY

PO BOX 20028
EL CAJON,CA92021 		NONE EXEMPT EDUCATION 1,000

BOY SCOUTS OF AMERICA-DENVER AREA COUNCIL

10455 W 6TH AVE
LAKEWOOD,CO80215 		NONE EXEMPT COMMUNITY 15,000

CARITAS IN VERITATE

3443 N CENTRAL AVE STE 1002
PHOENIX,AZ850122222 		NONE EXEMPT RELIGIOUS 10,000

CATHOLIC CHARITIES

4045 PECOS STREET
DENVER,CO80211 		NONE EXEMPT COMMUNITY 10,000

CATHOLIC SUMMER YOUTH CAMP

1300 S STEELE ST
DENVER,CO80210 		NONE EXEMPT RELIGIOUS 500

CELL-CO REMEMBERS 911

1385 CURTIS STREET
DENVER,CO80204 		NONE EXEMPT COMMUNITY 5,000

CF FOUNDATION

400 S COLORADO BLVD STE 840
DENVER,CO80246 		NONE EXEMPT COMMUNITY 500

CHOSEN AND DEARLY LOVED

16301 NE 8TH STREET STE 201
BELLEVUE,WA98008 		NONE EXEMPT COMMUNITY 40,000

CHRIST IN THE CITY

3401 PECOS ST
DENVER,CO80211 		NONE EXEMPT COMMUNITY 250

COLORADO DOMINICAN VOCATION FOUNDATION

3005 W 29TH AVENUE
DENVER,CO80211 		NONE EXEMPT RELIGIOUS 10,000

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 20,000

CONVENTION OF STATES ACTION

5850 SAN FELIPE STREET SUITE 580
HOUSTON,TX77057 		NONE EXEMPT COMMUNITY 20,000

DELTA WATERFOWL FOUNDATION

1412 BASIN AVE PO BOX 3128
BISMARCK,ND58502 		NONE EXEMPT COMMUNITY 1,000

DENVER ART MUSEUM

100 W 14TH AVE PKWY
DENVER,CO802042788 		NONE EXEMPT COMMUNITY 20,000

DENVER BOTANIC GARDENS

1007 YORK STREET
DENVER,CO80206 		NONE EXEMPT COMMUNITY 1,000

DENVER HEALTH FOUNDATION

601 BROADWAY MC 0111
DENVER,CO80203 		NONE EXEMPT COMMUNITY 1,000

DENVER MUSEUM OF NATURE AND SCIENCE

2001 COLORADO BLVD
DENVER,CO80205 		NONE EXEMPT COMMUNITY 10,000

DENVER POLICE FOUNDATION

1700 LINCOLN STREET STE 4100
DENVER,CO80203 		NONE EXEMPT COMMUNITY 5,000

DENVER RESCUE MISSION

6100 SMITH RD
DENVER,CO80216 		NONE EXEMPT COMMUNITY 2,500

DENVER SCHOLARSHIP FOUNDATION

789 SHERMAN ST UNIT 610
DENVER,CO80203 		NONE EXEMPT COMMUNITY 500

DUCKS UNLIMITED

3648 HEATHERWOOD WAY
EVERGREEN,CO80439 		NONE EXEMPT COMMUNITY 20,000

ENDOW

6021 SOUTH SYRACUSE WAY SUITE 220
GREENWOOD VILLAGE,CO80111 		NONE EXEMPT RELIGIOUS 204,000

EVANS SCHOLAR FOUNDATION

2501 PATRIOT BLVD
GLENVIEW,IL60026 		NONE EXEMPT COMMUNITY 2,000

FIRE FIGHTERS FOUNDATION

12 LAKESIDE LANE STE 200
DENVER,CO80212 		NONE EXEMPT COMMUNITY 10,000

FOCUS

603 PARK POINT DRIVE
GENESEE,CO80401 		NONE EXEMPT RELIGIOUS 100,000

GATES CENTER FOR REGENERATIVE MEDICINE

NORTH REASEARCH COMPLEX 1 12800 E
19TH AVE
AURORA,CO80045 		NONE EXEMPT MEDICAL 10,000

GOLD CROWN FOUNDATION

150 S HARLAN ST
LAKEWOOD,CO80226 		NONE EXEMPT COMMUNITY 20,000

GOOD SHEPHERD CATHOLIC SCHOOL

620 ELIZABETH STREET
DENVER,CO80206 		NONE EXEMPT EDUCATION 6,000

GREATER COLORADO COUNCIL-BSA

10455 W 6TH AVE
LAKEWOOD,CO80215 		NONE EXEMPT COMMUNITY 1,000

HISTORY COLORADO PHILANTHROPY

1200 N BROADWAY
DENVER,CO80203 		NONE EXEMPT EDUCATION 2,500

INDEPENDENCE INSTITUTE

727 E 16TH AVE
DENVER,CO80203 		NONE EXEMPT COMMUNITY 20,000

JUNIOR ACHIEVEMENT

1445 MARKET ST SUITE 200
DENVER,CO80202 		NONE EXEMPT COMMUNITY 112,500

KNIGHTS OF COLUMBUS

1555 GRANT STREET
DENVER,CO80202 		NONE EXEMPT RELIGIOUS 5,000

MARINE CORPS SCHOLARSHIP FOUNDATION

909 N WASHINGTON STREET STE 400
ALEXANDRIA,VA22314 		NONE EXEMPT MILITARY 500

MISSIONARIES OF CHARITIES DENVER

633 FOX ST
DENVER,CO80204 		NONE EXEMPT RELIGIOUS 6,000

MIZEL INSTITUTE

400 S CARNEY STREET
DENVER,CO80224 		NONE EXEMPT EDUCATION 15,000

MOTORSPORTS HALL OF FAME FOUNDATION

1801 W INTERNATIONAL SPEEDWAY BLVD
DAYTONA BEACH,FL32114 		NONE EXEMPT COMMUNITY 7,500

NAPA INSTITUTE

2532 DUPONT DRIVE
IRVINE,CA92612 		NONE EXEMPT EDUCATION 25,000

NATIONAL CATHOLIC BIOETHICS CENTER

6399 DREXEL ROAD
PHILADELPHIA,PA19151 		NONE EXEMPT HEALTH 60,000

NATIONAL LEGAL POLICY CENTER

107 PARK WASHINGTON COURT
FALLS CHURCH,VA22046 		NONE EXEMPT COMMUNITY 500

NATIONAL WESTERN STOCK SHOW

4655 HUMBOLDT STREET
DALLAS,CO802162818 		NONE EXEMPT COMMUNITY 121,000

NAVY SEAL FOUNDATION

1619 D STREET BLDG 5326
VIRGINIA BEACH,VA23459 		NONE EXEMPT COMMUNITY 25,000

PHILLIPS EXETER ACADEMY

20 MAIN STREET
EXETER,NH03833 		NONE EXEMPT CHARITABLE 10,000

PRESTON AND BERNICE WILLIAMS EDUCATION

11147 CHELSEA LN
HAMPTON,GA302283222 		NONE EXEMPT EDUCATION 1,000

RELIGIOUS SISTERS OF MERCY

1965 MICHIGAN AVE
ALMA,MI48801 		NONE EXEMPT RELIGIOUS 60,000

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 25,000

SHADOW WARRIORS PROJECT

15054 JACKSON CREEK PARKWAY STE B
564
MONUMENT,CO80132 		NONE EXEMPT COMMUNITY 10,000

SISTERS OF LIFE

38 MONTEBELLO RD
SUFFERN,NY10901 		NONE EXEMPT RELIGIOUS 25,000

ST APOLINARIS CATHOLIC SCHOOL

5250 COUNTRY LANE
NAPA,CA94558 		NONE EXEMPT EDUCATION 500

ST JOHN PAUL THE GREAT CATHOLIC HS

2330 S SHERMAN ST
DENVER,CO80210 		NONE EXEMPT EDUCATION 250,000

ST JOHN VIANNEY THEOLOGICAL SEMINARY

1300 S STEELE ST
DENVER,CO80210 		NONE EXEMPT EDUCATION 50,000

ST JUDE HOSPITAL INC

262 DANNY THOMAS PL MSC 512
MEMPHIS,TN381053678 		NONE EXEMPT HEALTH 10,000

ST VINCENT DE PAUL

2375 E ARIZONA AVE
DENVER,CO80210 		NONE EXEMPT COMMUNITY 20,000

STEAMBOAT INSTITUTE

PO BOX 883037
STEAMBOAT SPRINGS,CO80488 		NONE EXEMPT COMMUNITY 17,000

STEP DENVER

2029 LARIMER ST
DENVER,CO80205 		NONE EXEMPT COMMUNITY 5,000

STUDENTS FOR LIFE OF AMERICA

4755 JEFFERSON DAVIS HWY
FREDRICKSBURG,VA22401 		NONE EXEMPT COMMUNITY 5,000

TAPS

3033 WILSON BLVD SUITE 630
ARLINGTON,VA22201 		NONE EXEMPT COMMUNITY 10,000

THE CATHOLIC UNIVERSITY OF AMERICA

620 MICHIGAN AVE NE
WASHINGTON,DC20064 		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 10,000
Total .................................right arrow 3a 2,815,250
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2022)
Form 990-PF (2022)
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 ....     14 630,644  
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 .....     18    
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 405,845  
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 1,036,489 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,036,489
(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 (2022)
Form 990-PF (2022)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2022)
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
2022
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) (2022)
Schedule B (Form 990) (2022) 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

$ 1,814,166


(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) (2022)
Schedule B (Form 990) (2022)
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) (2022)
Schedule B (Form 990) (2022)
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) (2022)
Additional Data


Software ID:  
Software Version:  

TY 2022 AccountingFeesSchedule
Name:
PEMA FOUNDATION INC
EIN:
30-0202608
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
2021 TAX PREPARATION & ACCOUNTING FEES 7,795 7,016   779

TY 2022 InvestmentsCorpBondsSchedule
Name:
PEMA FOUNDATION INC
EIN:
30-0202608
Name of Bond End of Year Book Value End of Year Fair Market Value
AMG IMA - CHAMPLAIN SMALL CO FD -ADV 458,814 465,017
AMG IMA - GRAPHIC PACKAGING HOLDING CO 1 656,375
AMG IMA - HARBOR MID CAP VALUE FUND #023 1,026,075 1,473,321
AMG IMA - ARISTOTLE SMALL CAP EQUITY FUND CL I 1,711,045 1,828,729
AMG IMA - ISHARES DOW JONES SELECT DIVIDEND 375,134 369,036
AMG IMA - ISHARES COHEN & STEERS RLTY 468,085 521,638
AMG IMA - ISHARES RUSSELL MIDCAP INDEX 2,936,473 4,541,206
AMG IMA - ISHARES TRUST RUSSELL 2000 1,661,869 2,179,500
AMG IMA - MOLSON COORS BREWING CO -B 632,213 1,182,075
AMG IMA - SPDR S&P 500 ETF TRUST 2,199,926 4,041,520
AMG IMA - T ROWE PRICE MID-CAP GROWTH #64 136,373 216,503
AMG IMA - US BANKCORP DEL COM NEW 1 959,420
AMG IMA - VANGUARD DIVIDEND APPREC ETF 3,991,347 4,769,457

TY 2022 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 - AMERICAN INTERNATIONAL GROUP 78,051 164,108
AMG GLOBAL DIV - BANK OF AMERICA CORP 219,175 220,977
AMG GLOBAL DIV - BECTON DICKINSON & CO 217,644 232,430
AMG GLOBAL DIV - BRITISH AMERN TOB PLC 212,577 214,133
AMG GLOBAL DIV - CARDINAL HEALTH INC 108,195 171,728
AMG GLOBAL DIV - CELANESE CORP 138,670 128,413
AMG GLOBAL DIV - CISCO SYSTEMS INC 101,531 116,194
AMG GLOBAL DIV - CITIGROUP INC 327,901 233,568
AMG GLOBAL DIV - COCA-COLA 95,233 138,747
AMG GLOBAL DIV - COGNIZANT TECH 152,724 121,700
AMG GLOBAL DIV - DANONE SPONSORED ADR 181,115 147,764
AMG GLOBAL DIV - DENTSPLY SIRONA INC 99,332 108,988
AMG GLOBAL DIV - FEDEX CORP 232,079 177,530
AMG GLOBAL DIV - GILEAD SCIENCES INC 143,768 181,744
AMG GLOBAL DIV - GSK PLC SPAN ADS 175,999 164,807
AMG GLOBAL DIV - HALLIBURTON COMPANY 152,022 190,139
AMG GLOBAL DIV - HOLCIM LTD SPONSORED ADS 151,013 161,294
AMG GLOBAL DIV - IMPERIAL BRANDS PLC 211,494 241,621
AMG GLOBAL DIV - KOMATSU LTD ADR NEW 187,594 170,540
AMG GLOBAL DIV - KONINKLDKE PHILPS ELECTRIC NV 190,729 141,056
AMG GLOBAL DIV - LAS VEGAS SANDS CORP 95,840 129,404
AMG GLOBAL DIV - LEAR CORP 89,058 80,737
AMG GLOBAL DIV - MERCK & CO INC 121,128 174,746
AMG GLOBAL DIV - MICHELIN (CGDEAA0-UNSPON ADR 103,981 126,999
AMG GLOBAL DIV - MITSUBISHI ELECTRIC UNSP ADR 149,615 146,737
AMG GLOBAL DIV - NOVARTIS AG SPON ADR 148,139 190,266
AMG GLOBAL DIV - NEWMONT MINING CORP 159,426 181,673
AMG GLOBAL DIV - NOKIA CORP 190,300 175,930
AMG GLOBAL DIV - OCCIDENTAL PETROLEUM WT EXP 1 28,242
AMG GLOBAL DIV - PROSUS N.V. 168,827 215,228
AMG GLOBAL DIV - PRUDENTIAL PLC ADR 267,145 312,008
AMG GLOBAL DIV - RAYTHEON TECH 52,283 80,332
AMG GLOBAL DIV - S K F AB SPON ADR 78,544 76,416
AMG GLOBAL DIV - SANOFI-ADR 149,137 151,441
AMG GLOBAL DIV - SAP AKTIENGESELLSCHAFT 179,306 178,003
AMG GLOBAL DIV - SHINHAN FINANCIAL GPR-ADR 112,712 106,525
AMG GLOBAL DIV - UNILEVER PLC ADR 236,363 259,151
AMG GLOBAL DIV - WPP PLC SPON ADR 121,327 131,749
AMG GLOBAL DIV - AMDOCS LTD 224,325 258,792
AMG GLOBAL DIV - BABCOCK INTL 73,986 72,363
AMG GLOBAL DIV - BUNGE LTD 54,125 144,367
AMG GLOBAL DIV - GLENCORE PLC 30,505 116,858
AMG GLOBAL DIV - WILLIS TOWERS WATSON PLC 169,809 201,534

TY 2022 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 19,901 3,659
TAIGA BIOTECHNOLOGIES INC AT COST 1,020,000 1,020,000
IBEX ISRAEL VC LP AT COST 323,577 323,577

TY 2022 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 1,521 761   760
LOSS FROM PARTNERSHIPS 11,479 11,479   0


TY 2022 OtherProfessionalFeesSchedule
Name:
PEMA FOUNDATION INC
EIN:
30-0202608
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 158,363 158,363   0


TY 2022 TaxesSchedule
Name:
PEMA FOUNDATION INC
EIN:
30-0202608
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 18,651 18,651   0
2021 990-PF EXTENSION PAYMENT 34,000 0   0