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
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
STALEY FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 8389
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
AVON, CO81620
A Employer identification number

26-3442296
B Telephone number (see instructions)

(952) 925-2462
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$75,203,560J 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) 1,566,996
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 961,184 904,911  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,813,256
b Gross sales price for all assets on line 6a 10,746,964
7 Capital gain net income (from Part IV, line 2)... 1,813,256
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........ 4,341,436 2,718,167  
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
23,150 11,575   11,575
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
488,724 488,724   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
20,874 11,874   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 532,748 512,173   11,575
25 Contributions, gifts, grants paid....... 3,139,500 3,139,500
26 Total expenses and disbursements. Add lines 24 and 25 3,672,248 512,173   3,151,075
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 669,188
b Net investment income (if negative, enter -0-) 2,205,994
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 99,348 966 966
2 Savings and temporary cash investments......... 929,634 4,460,645 4,460,645
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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)....... 30,747,270 Click to see attachment
List of Attached Documents:
// Content
28,620,555 		65,697,853
c Investments—corporate bonds (attach schedule).......      
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).......... 4,478,900 Click to see attachment
List of Attached Documents:
// Content
3,842,174 		5,044,096
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) 36,255,152 36,924,340 75,203,560
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 36,255,152 36,924,340
29 Total net assets or fund balances (see instructions)..... 36,255,152 36,924,340
30 Total liabilities and net assets/fund balances (see instructions). 36,255,152 36,924,340
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
36,255,152
2
Enter amount from Part I, line 27a .....................
2
669,188
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
36,924,340
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
36,924,340
Form 990-PF (2023)
Form 990-PF (2023)
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 CAPITAL GAIN DISTRIB. FROM PUBLICLY TRADED SEC. P   2023-12-31
b PUBLICLY TRADED SECURITIES P   2023-12-31
c JP MORGAN TAX AWARE EQUITY FUND D   2023-12-01
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 7,892     7,892
b 9,567,825   8,340,759 1,227,066
c 1,171,247   592,949 578,298
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       7,892
b       1,227,066
c       578,298
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 1,813,256
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  
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 30,663
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 30,663
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 30,663
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 7,993
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 40,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 47,993
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 170
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 17,160
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow17,160 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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 arrow
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 2023 or the taxable year beginning in 2023? 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
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 arrowWARREN STALEY Telephone no.right arrow (952) 925-2462

Located atright arrowPO BOX 19000AVONCO ZIP+4right arrow81620
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 2023, 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
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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
WARREN STALEY TRUSTEE
0.50 		0 0 0
PO BOX 8389
AVON,CO81620
MARY LYNN STALEY TRUSTEE
0.50 		0 0 0
PO BOX 8389
AVON,CO81620
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 (2023)
Form 990-PF (2023)
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
THE MCCREA BURNS GROUP OF ROBERT W BAIRD & CO INVESTMENT ADVISORY SERVICES 488,724
7605 EDINBOROUGH WAY STE 300
EDINA,MN55435
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 (2023)
Form 990-PF (2023)
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
65,232,763
b
Average of monthly cash balances.......................
1b
1,647,390
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
66,880,153
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
66,880,153
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,003,202
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
65,876,951
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,293,848
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
3,293,848
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
30,663
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
30,663
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,263,185
4
Recoveries of amounts treated as qualifying distributions................
4
10,000
5
Add lines 3 and 4............................
5
3,273,185
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
3,273,185
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
3,151,075
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
3,151,075
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 3,273,185
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 3,076,849
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 3,151,075
a Applied to 2022, but not more than line 2a 3,076,849
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 2023 distributable amount..... 74,226
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 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 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		3,198,959
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 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, 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) 2023 (b) 2022 (c) 2021 (d) 2020
         
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).)
WARREN STALEY
MARY LYNN STALEY
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 (2023)
Form 990-PF (2023)
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

ASHESI UNIV FOUNDATION

1601 5TH AVE 1000
SEATTLE WA,WA98101 		  PC PUBLIC CHARITY GENERAL SUPPORT 50,000

BENIDLE ST MARGARET

2501 HIGHWAY 100
MINNEAPOLIS,MN55416 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

BENIDLE ST MARGARET

2501 HIGHWAY 100
MINNEAPOLIS,MN55416 		  PC PUBLIC CHARITY GENERAL SUPPORT 50,000

BENIDLE ST MARGARET

2501 HIGHWAY 100
MINNEAPOLIS,MN55416 		  PC PUBLIC CHARITY GENERAL SUPPORT 5,000

BETA THETA PI FOUNDATION

5134 BONHAM ROAD
OXFORD,OH45056 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

BISHOP GARCIA DIEGO HS

4000 LA CONINA RD
SANTA BARBARA CA,CA93110 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

BOSTON COLLEGE

140 COMMONWEALTH AVE
BOSTON,MA02467 		  PC PUBLIC CHARITY GENERAL SUPPORT 15,000

BOYS & GIRLS CLUB OF THE PENINSULA

401 PIERCE RD
MENLO PARK,CA94025 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

BRIDGING MN

201 W 87TH ST
BLOOMINGTON,MN55420 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

CAMP HOPE

PO BOX 687
LAKE FOREST,IL60045 		  PC PUBLIC CHARITY GENERAL SUPPORT 5,000

CARONDOLET MINISTRIES FOUNDATION

1884 RANDOLPH AVE
ST PAUL,MN55105 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

CASA DENVER

960 CLARKSON STREET
DENVER,CO80218 		  PC PUBLIC CHARITY GENERAL SUPPORT 5,000

CASA DENVER

960 CLARKSON STREET
DENVER,CO80218 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

CATHOLIC CHARITIES SANTA BARBARA

609 E HALEY ST
SANTA BARBARA,CA93103 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

CATHOLIC RELIEF SERVICES

228 W LEXINGTON ST
BALTIMORE,MD21201 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

CHILDREN'S HEALTH COUNCIL

650 CLARK WAY
PALO ALTO,CA94304 		  PC PUBLIC CHARITY GENERAL SUPPORT 5,000

COLLEGE POSSIBLE MYD

755 PRIOR AVE NORTH
ST PAUL,MN55104 		  PC PUBLIC CHARITY GENERAL SUPPORT 50,000

CORNELL UNIVERSITY - BUSINESS SCHOOL

130 E SENECA STREET SUITE 400
ITHACA,NY14850 		  PC PUBLIC CHARITY GENERAL SUPPORT 50,000

COURAGE KENNY FOUNDATION

3915 GOLDEN VALLEY RD MR 78414
MINNEAPOLIS,MN55422 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

CRISTO RAY JEWISH H S

2924 4TH AVE S
MINNEAPOLIS,MN55408 		  PC PUBLIC CHARITY GENERAL SUPPORT 150,000

DE MARILLAC ACADEMY

175 GOLDEN GATE AVE
SAN FRANSISCO,CA94102 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

EASTSIDE PREPARATORY SCHOOL

1041 MYRTLE ST
PALO ALTO,CA94303 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

ESQUELA DE GUADALUPE

660 JULIAN ST
DENVER,CO80204 		  PC PUBLIC CHARITY GENERAL SUPPORT 40,000

ESQUELA DE GUADALUPE

660 JULIAN ST
DENVER,CO80204 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

ESQUELA DE GUADALUPE

660 JULIAN ST
DENVER,CO80204 		  PC PUBLIC CHARITY GENERAL SUPPORT 5,000

ESQUELA DE GUADALUPE

660 JULIAN ST
DENVER,CO80204 		  PC PUBLIC CHARITY GENERAL SUPPORT 30,000

ESQUELA DE GUADALUPE

660 JULIAN ST
DENVER,CO80204 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

FINDING KIDS ORG

PO BOX 1395
LOS ALTOS CA,CA94023 		  PC PUBLIC CHARITY GENERAL SUPPORT 1,000

FOOD BANK OF SANTA BARBARA

4554 HOLLISTER AVENUE
SANTA BARBARA,CA93110 		  PC PUBLIC CHARITY GENERAL SUPPORT 5,000

GLOBAL LEADERSHIP NETWORK

67 EAST ALGONQUIN ROAD
SOUTH BARRINGTON,IL60010 		  PC PUBLIC CHARITY GENERAL SUPPORT 15,000

GLOBAL MINNESOTA

1901 UNIVERSITY AVE SE
MINNEAPOLIS,MN55414 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

GOOD SHEPPERD FOUNDATION

1660 S ALBION ST STE 1140
DENVER,CO80222 		  PC PUBLIC CHARITY GENERAL SUPPORT 15,000

GRANADA THEATER

1214 STATE STREET
SANTA BARBARA,CA93101 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

HABITAT FOR HUMANITY INT

322 WEST LAMAR STREET
AMERICUS,GA60607 		  PC PUBLIC CHARITY GENERAL SUPPORT 200,000

HABITAT FOR HUMANITY TWIN CITIES

1954 UNIVERSITY AVE W
ST PAUL,MN55104 		  PC PUBLIC CHARITY GENERAL SUPPORT 150,000

HABITAT FOR HUMANITY TWIN CITIES

1954 UNIVERSITY AVE W
ST PAUL,MN55104 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

HABITAT FOR HUMANITY TWIN CITIES

1954 UNIVERSITY AVE W
ST PAUL,MN55104 		  PC PUBLIC CHARITY GENERAL SUPPORT 150,000

HABITAT FOR HUMANITY VAIL VALLEY

455 NOTTINGHAM RANCH RD
AVON,CO81620 		  PC PUBLIC CHARITY GENERAL SUPPORT 200,000

HABITAT FOR HUMANITY VAIL VALLEY

455 NOTTINGHAM RANCH RD
AVON,CO81620 		  PC PUBLIC CHARITY GENERAL SUPPORT 150,000

HEART AND HAND

2736 WELTON ST 204
DENVER,CO80205 		  PC PUBLIC CHARITY GENERAL SUPPORT 5,000

INTERNATIONAL SAMARITAN

803 N MAIN STREET
ANN ARBOR,MI48104 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

INTERNATIONAL SAMARITAN

803 N MAIN STREET
ANN ARBOR,MI48104 		  PC PUBLIC CHARITY GENERAL SUPPORT 15,000

INTERFAITH OUTREACH & COMMUNITY PARTNERS (IOCP)

1605 COUNTY RD 101
PLYMOUTH,MN55447 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

JUNIOR ACHIEVEMENT

1745 UNIVERSITY AVE W
MINNEAPOLIS,MN55104 		  PC PUBLIC CHARITY GENERAL SUPPORT 15,000

KSU FOUNDATION

1800 KIMBALL AVE 200
MANHATTAN,KS66502 		  PC PUBLIC CHARITY GENERAL SUPPORT 100,000

LIFE MOVES

2550 GREAT AMERICAN WAY SUITE 201
SANTA CLARA,CA95054 		  PC PUBLIC CHARITY GENERAL SUPPORT 2,000

LUCILE PACKARD CHILDRENS HOS

725 WELCH ROAD
PALO ALTO,CA94304 		  PC PUBLIC CHARITY GENERAL SUPPORT 50,000

LUCILE PACKARD CHILDRENS HOS

725 WELCH ROAD
PALO ALTO,CA94304 		  PC PUBLIC CHARITY GENERAL SUPPORT 5,000

LUCILE PACKARD CHILDRENS HOS

725 WELCH ROAD
PALO ALTO,CA94304 		  PC PUBLIC CHARITY GENERAL SUPPORT 5,000

MISSION MINISTRIES

950 SANTA CRUZ AVE
MENLO PARK,CA94025 		  PC PUBLIC CHARITY GENERAL SUPPORT 1,000

MN PRIVATE COLLEGE FUND

BREMER TOWER 445 MINNESOTA ST SUITE
500
STPAUL,MN55101 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

MUSEUM OF RUSSIAN ART

5500 STEVENS AVE
MINNEAPOLIS,MN55419 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

NORTHERN STAR SCOUTING

6202 BLOOMINGTON RD
MINNEAPOLIS,MN55111 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

NORTHERN STAR SCOUTING

6202 BLOOMINGTON RD
MINNEAPOLIS,MN55111 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

ONE MILLION HOME

1400 WEWATTA ST 900
DENVER,CO80202 		  PC PUBLIC CHARITY GENERAL SUPPORT 15,000

OPPORTUNITY INTL

550 WEST VAN BUREN STREET
CHICAGO,IL60607 		  PC PUBLIC CHARITY GENERAL SUPPORT 200,000

OUR LADY OF GRACE (OLAGTERTIARY)

5071 EDEN AVE
EDINA,MN55436 		  PC PUBLIC CHARITY GENERAL SUPPORT 15,000

OUR LADY OF GRACE (OLAGTERTIARY)

5071 EDEN AVE
EDINA,MN55436 		  PC PUBLIC CHARITY GENERAL SUPPORT 100,000

OUR LADY OF GRACE (OLAGTERTIARY)

5071 EDEN AVE
EDINA,MN55436 		  PC PUBLIC CHARITY GENERAL SUPPORT 5,000

OUR LADY OF MT CARMEL SC

530 HOT SPRINGS ROAD
SANTA BARBARA,CA93108 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

OUR LADY OF MT CARMEL SC

530 HOT SPRINGS ROAD
SANTA BARBARA,CA93108 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

PARTNERS IN FOOD SOLUTIONS

9000 PLYMOUTH AVE N
MINNEAPOLIS,MN55427 		  PC PUBLIC CHARITY GENERAL SUPPORT 50,000

PERSPECTIVES

3381 GORHAM AVENEU
ST LOUIS PARK,MN55426 		  PC PUBLIC CHARITY GENERAL SUPPORT 15,000

RAVENWOOD EDUCATION FOUNDATION

PO BOX 396
MENLO PARK,CA94026 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

REGIS JESUIT HIGH SCHOOL

6300 SOUTH LEWISTON WAY
DENVER,CO80016 		  PC PUBLIC CHARITY GENERAL SUPPORT 50,000

REGIS JESUIT HIGH SCHOOL

6300 SOUTH LEWISTON WAY
DENVER,CO80016 		  PC PUBLIC CHARITY GENERAL SUPPORT 50,000

REGIS JESUIT HIGH SCHOOL

6300 SOUTH LEWISTON WAY
DENVER,CO80016 		  PC PUBLIC CHARITY GENERAL SUPPORT 50,000

RELEVANT RADIO

1496 BELLEVUE STREET 202
GREEN BAY,WI54311 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

ROUND UP RIVER RANCH

8333 COLORADO RIVER RD
AVON,CO81637 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

SACRED HEART HIGH SCHOOL

2111 GRIFFIN AVE
MENLO PARK,CA90031 		  PC PUBLIC CHARITY GENERAL SUPPORT 25,000

SACRED HEART HIGH SCHOOL

2111 GRIFFIN AVE
MENLO PARK,CA90031 		  PC PUBLIC CHARITY GENERAL SUPPORT 25,000

SAFE SPACE

612 SE DIXIE HWY
STUART FL,FL34994 		  PC PUBLIC CHARITY GENERAL SUPPORT 2,000

SANSUM CLINIC

215 PESETAS LANE
SANTA BARBARA,CA93111 		  PC PUBLIC CHARITY GENERAL SUPPORT 150,000

SCHOLARSHIP FOUNDATION OF SANTA BARBARA

2253 LAS POSITAS ROAD
SANTA BARBARA,CA93105 		  PC PUBLIC CHARITY GENERAL SUPPORT 50,000

SHARING & CARING HANDS

525 N SEVENTH ST
MINNEAPOLIS,MN55405 		  PC PUBLIC CHARITY GENERAL SUPPORT 30,000

SHARING & CARING HANDS

525 N SEVENTH ST
MINNEAPOLIS,MN55405 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

ST CLARE OF ASSISI SCHOOL

31622 US HIGHWAY 6
EDWARDS,CO81632 		  PC PUBLIC CHARITY GENERAL SUPPORT 20,000

ST JOHN THE BAPTIST SCHOOL

215 BROADWAY ST NORTH
JORDON,MN55352 		  PC PUBLIC CHARITY GENERAL SUPPORT 25,000

ST JOHN THE BAPTIST SCHOOL

215 BROADWAY ST NORTH
JORDON,MN55352 		  PC PUBLIC CHARITY GENERAL SUPPORT 15,000

ST JOHN THE BAPTIST SCHOOL

215 BROADWAY ST NORTH
JORDON,MN55352 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

ST JOHN THE BAPTIST SCHOOL

215 BROADWAY ST NORTH
JORDON,MN55352 		  PC PUBLIC CHARITY GENERAL SUPPORT 50,000

THE BRIDGE FOR YOUTH

1111 W 22ND ST
MINNEAPOLIS MN,MN55405 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

THE NOTRE DAME SCHOOL

33 E MICHELTORENA ST
SANTA BARBARA,CA93101 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

THERE WITH CARE

2682 MIDDLEFIELD ROAD SUITE H
MENLO PARK,CA94063 		  PC PUBLIC CHARITY GENERAL SUPPORT 35,000

THERE WITH CARE

2682 MIDDLEFIELD ROAD SUITE H
MENLO PARK,CA94063 		  PC PUBLIC CHARITY GENERAL SUPPORT 15,000

TOGETHER IN MISSION

3424 WILSHIRE BLVD
LOS ANGELES,CA90010 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

TRACTORS FOR AFRICA

P O BOX 44084
EDEN PRAIRIE,MN55344 		  PC PUBLIC CHARITY GENERAL SUPPORT 30,000

TRACTORS FOR AFRICA

P O BOX 44084
EDEN PRAIRIE,MN55344 		  PC PUBLIC CHARITY GENERAL SUPPORT 30,000

TREE HOUSE

5757 WAYZATA BLVD
MINNEAPOLIS,MN55416 		  PC PUBLIC CHARITY GENERAL SUPPORT 15,000

TWIN CITIES RISE

1301 N BRYANT AVE
MINNEAPOLIS,MN55411 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

UNITED HOSPITAL FOUNDATION

2925 CHICAGO AVE MAIL ROUTE 10721
MINNEAPOLIS,MN55407 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

UNIVERSITY OF MARY

7500 UNIVERSITY DR
BISMARK ND,ND58504 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

URBAN PEAK

1630 S ACOMA STREET
DENVER,CO80223 		  PC PUBLIC CHARITY GENERAL SUPPORT 5,000

US LACROSSE FOUNDATION

2 LOVETON CIRCLE
SPARKS,MD21152 		  PC PUBLIC CHARITY GENERAL SUPPORT 3,500

VAIL VALLEY FOUNDATION

90 BENCHMARK RD SUITE 300
AVON,CO81620 		  PC PUBLIC CHARITY GENERAL SUPPORT 15,000

VOYAGER OUTWARD BOUND SCHOOL

1400 ENERGY PARK DR 18
ST PAUL,MN55108 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

WASHBURN CENTER FOR CHILDREN

MAIN OFFICE 1100 GLENWOOD AVE
MINNEAPOLIS,MN55405 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

YMCA OF THE NORTH

NW 5901 PO BOX 1450
MINNEAPOLIS,MN55485 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

YMCA-SAN MATEO

1877 S GRANT ST
SAN MATEO,CA94402 		  PC PUBLIC CHARITY GENERAL SUPPORT 5,000

YOUTH FRONTIERS

5215 EDINA INDUSTRIAL BLVD 400
MINNEAPOLIS,MN55439 		  PC PUBLIC CHARITY GENERAL SUPPORT 25,000

YOUTH FRONTIERS

5215 EDINA INDUSTRIAL BLVD 400
MINNEAPOLIS,MN55439 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

ANSWER ALS

2021 LAKESHORE DRIVE SUITE 304
NEW ORLEANS,LA70122 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

MERCY HOMES FOR BOYS AND GIRLS

1140 W JACKSON BLVD
CHICAGO,IL60607 		  PC PUBLIC CHARITY GENERAL SUPPORT 20,000

MERCY HOMES FOR BOYS AND GIRLS

1140 W JACKSON BLVD
CHICAGO,IL60607 		  PC PUBLIC CHARITY GENERAL SUPPORT 15,000

NPH (NUESTROS PEQUENOS HERMANOS)

134 N LASALLE ST
CHICAGO,IL60602 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

ZAWADI FUND INTL

571 FOXWOOD LANE
PAOLI,PA19301 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000

ZAWADI FUND INTL

571 FOXWOOD LANE
PAOLI,PA19301 		  PC PUBLIC CHARITY GENERAL SUPPORT 10,000
Total .................................right arrow 3a 3,139,500
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
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 ....     14 961,184  
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 1,813,256  
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 2,774,440 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,774,440
(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 (2023)
Form 990-PF (2023)
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 (2023)
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
2023
Name of the organization
STALEY FAMILY FOUNDATION
 
Employer identification number

26-3442296
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) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
STALEY FAMILY FOUNDATION
  		Employer identification number
26-3442296
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
WARREN R STALEY
1012 STRAWBERRY PARK ROAD
 
AVON, CO81620

$ 1,566,996


(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) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
STALEY FAMILY FOUNDATION
  		Employer identification number

26-3442296
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 79,491,479 SHARES OF JP MORGAN TAX AWARE EQUITY FUND (JPELX) $ 1,566,996 2023-12-19
(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) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
STALEY FAMILY FOUNDATION
  		Employer identification number

26-3442296
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) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
STALEY FAMILY FOUNDATION
EIN:
26-3442296
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 23,150 11,575   11,575

TY 2023 InvestmentsCorpStockSchedule
Name:
STALEY FAMILY FOUNDATION
EIN:
26-3442296
Name of Stock End of Year Book Value End of Year Fair Market Value
ALIGN TECHNOLOGY INC 416,921 453,470
ALPHABET INC CL A 53,754 544,791
ALPHABET INC CL C 53,588 551,177
AMAZON.COM INC 265,108 1,367,764
ANALOG DEVICES INC 414,080 1,009,678
ANSYS INC 120,755 813,940
APPLE INC 531,712 5,506,358
APPLE INC 500,719 5,185,410
BEST BUY COMPANY INC 212,054 273,980
BLACKLINE INC 318,672 429,650
BRISTOL MYERS SQUIBB COMPANY 590,011 535,676
CHARLES RIVER LAB INTL INC 362,476 251,293
CHEVRON CORP 447,809 619,163
CHUBB LTD 664,391 946,940
CISCO SYSTEMS INC 452,334 603,158
COCA-COLA COMPANY 607,422 759,195
COSTAR GROUP INC 123,738 1,349,476
DANAHER CORP 423,138 840,690
ECOLAB INC 66,644 308,434
ENSIGN GROUP INC 388,443 459,612
ESTEE LAUDER CO INC 267,749 256,669
FASTENAL CO 300,307 1,076,089
FISERV INC 66,416 438,372
FIVE BELOW INC 233,824 1,002,705
FLOOR & DECOR HOLDINGS INC CL A 477,248 580,893
GLOBANT S A 243,295 1,301,989
GRAND CANYON EDUCATION INC 120,225 799,238
GUIDEWIRE SOFTWARE INC 289,744 358,305
HEICO CORP NEW 205,554 1,244,756
HORMEL FOODS CORP 668,535 476,480
IDEX CORP 661,391 737,523
IDEXX LABORATORIES INC 362,524 833,685
INTL BUSINESS MACHINES CORP 652,987 824,946
JOHNSON & JOHNSON 492,132 646,396
JPMORGAN CHASE & CO 626,706 882,989
KINDER MORGAN INC DE 669,473 735,623
MEDPACE HOLDINGS INC 514,303 669,768
MEDTRONIC PLC 582,658 500,953
MICROSOFT CORP 185,035 2,629,272
MICROSOFT CORP 151,455 2,102,440
MORGAN STANLEY 535,381 578,896
MOTOROLA SOLUTIONS INC NEW 304,095 333,754
NETFLIX INC 325,372 419,204
NEXTERA ENERGY INC 609,167 595,859
NVIDIA CORP 219,576 1,630,759
PAYCOM SOFTWARE INC 297,204 556,077
PAYLOCITY HOLDING CORP 289,961 248,759
PEPSICO INC 399,638 644,203
PHILLIPS 66 645,676 986,035
PRIVIA HEALTH GROUP INC 448,118 433,977
PROCTER & GAMBLE CO 559,398 734,458
QUALCOMM INC 410,212 720,691
RB GLOBAL INC 268,904 847,095
ROCKWELL AUTOMATION INC 684,764 834,260
ROLLINS INC 128,761 948,687
RTX CORP 593,250 733,196
S&P GLOBAL INC 259,866 988,086
SALESFORCE INC 317,508 1,103,346
SERVICENOW INC 407,708 1,019,465
STANLEY BLACK & DECKER INC 783,048 505,804
STARBUCKS CORP 166,774 593,342
STARBUCKS CORP 361,325 594,782
TARGET CORP 183,061 339,529
TRADE DESK INC (THE) CL A 522,619 454,355
TYLER TECHNOLOGIES INC 444,522 1,020,631
U S BANCORP DE NEW 298,898 404,538
UNITEDHEALTH GROUP INC 183,273 958,175
VEEVA SYSTEMS INC CL A 322,905 933,722
VERALTO CORP 55,835 99,617
VERISK ANALYTICS INC 173,451 680,273
VISA INC CL A 248,425 623,799
WALMART INC 536,924 782,417
WEST PHARMACEUTICAL SERVICES INC 309,305 1,140,165
WORKIVA INC CL A 518,227 583,798
ZIMMER BIOMET HOLDINGS INC 612,325 532,438
ZOOMINFO TECHNOLOGIES INC 409,749 184,715

TY 2023 InvestmentsOtherSchedule2
Name:
STALEY FAMILY FOUNDATION
EIN:
26-3442296
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SPDR S&P 500 ETF AT COST 152,356 1,049,484
PEAR TREE POLARIS FOREIGN VALUE INSTL CL AT COST 1,134,460 1,218,375
VANGUARD FTSE DEVELOPED MKTS ETF AT COST 999,893 1,088,767
VANGUARD FTSE EMERGING MARKETS ETF AT COST 499,972 471,828
WCM FOCUSED INTL GROWTH INSTL CL AT COST 1,055,493 1,215,642

TY 2023 OtherProfessionalFeesSchedule
Name:
STALEY FAMILY FOUNDATION
EIN:
26-3442296
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGEMENT FEES 488,724 488,724   0


TY 2023 TaxesSchedule
Name:
STALEY FAMILY FOUNDATION
EIN:
26-3442296
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 11,874 11,874   0
2022 EXTENSION PAYMENT 3,000 0   0
2023 Q3 ESTIMATE 5,000 0   0
FEDERAL TAX PAYMENT 1,000 0   0