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
BOETTCHER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)600 SEVENTEENTH STREET SUITE 2210S
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DENVER, CO80202
A Employer identification number

84-0404274
B Telephone number (see instructions)

(303) 534-1937
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$346,776,896J 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) 243,050
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,744,280 1,744,280  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 10,899,222
b Gross sales price for all assets on line 6a 11,279,790
7 Capital gain net income (from Part IV, line 2)... 10,637,774
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,140,077 6,127,271  
12 Total. Add lines 1 through 11........ 19,026,629 18,509,325  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 565,753 68,912   496,841
14 Other employee salaries and wages...... 1,109,339 14,985   1,089,270
15 Pension plans, employee benefits....... 561,305 28,065   533,240
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
23,464     23,464
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
35,100 8,775   26,325
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
844,136 530,595   275,541
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
230,651      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 435,001 18,739   416,262
21 Travel, conferences, and meetings....... 94,010 4,050   89,960
22 Printing and publications.......... 60,348 2,600   57,748
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,527,954 21,533   1,506,421
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 5,487,061 698,254   4,515,072
25 Contributions, gifts, grants paid....... 9,630,760 9,803,372
26 Total expenses and disbursements. Add lines 24 and 25 15,117,821 698,254   14,318,444
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,908,808
b Net investment income (if negative, enter -0-) 17,811,071
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.............      
2 Savings and temporary cash investments......... 5,994,051 4,853,279 4,853,279
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)....... 113,986,884 Click to see attachment
List of Attached Documents:
// Content
105,093,457 		135,018,374
c Investments—corporate bonds (attach schedule)....... 14,139,860 Click to see attachment
List of Attached Documents:
// Content
22,267,857 		19,546,559
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).......... 132,281,984 Click to see attachment
List of Attached Documents:
// Content
137,850,327 		186,612,017
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
500,000 		Click to see attachment
List of Attached Documents:
// Content
746,667 		Click to see attachment
List of Attached Documents:
// Content
746,667
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 266,902,779 270,811,587 346,776,896
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
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........... 266,542,779 270,451,587
25 Net assets with donor restrictions............ 360,000 360,000
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 266,902,779 270,811,587
30 Total liabilities and net assets/fund balances (see instructions). 266,902,779 270,811,587
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
266,902,779
2
Enter amount from Part I, line 27a .....................
2
3,908,808
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
270,811,587
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
270,811,587
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 GAINS P    
b LEGACY VENTURE X P    
c ANCHORAGE ILLIQUID OPP OFFSHORE VI P    
d MHR INSTITUTIONAL PARTNERS II P    
e ANCHORAGE CREDIT OPP OFFSHORE VIII P    
MHR INSTITUTIONAL PARTNERS III P    
ARBOUR LANE COF II (B) P    
MHR INSTITUTIONAL PARTNERS IV P    
ARBOUR LANE COF III (B) P    
PAINE SCHWARTZ FOOD CHAIN V P    
CLAYTON DUBLIER RICE VIII P    
PLATTE RIVER VENTURES III-B P    
CLAYTON DUBLIER RICE IX P    
PLATTE RIVER VENTURES IV P    
CLAYTON DUBLIER RICE X P    
TIFF PEP 2007 P    
COLORADO IMPACT FUND P    
TIFF V INTL P    
COMMONFUND CAPITAL PARTNERS III P    
TIFF V US P    
COMMONFUND ENDOWMENT PARTNERS V P    
CU HEALTHCARE INNOVATION FUND P    
INNOSPHERE VENTURES FUND II P    
LEGACY VENTURE VIII P    
LEGACY VENTURE IX 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 7,746,497     7,746,497
b 799     799
c     1,905 -1,905
d 8,161     8,161
e 2,132     2,132
1,296     1,296
57,238     57,238
    25,133 -25,133
    84,832 -84,832
655,066     655,066
298,686     298,686
3,034     3,034
1,022,573     1,022,573
57,066     57,066
922,611     922,611
53,249     53,249
247     247
    200,859 -200,859
    24,465 -24,465
15,787     15,787
    43,374 -43,374
98     98
3,842     3,842
149,045     149,045
20,915     20,915
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       7,746,497
b       799
c       -1,905
d       8,161
e       2,132
      1,296
      57,238
      -25,133
      -84,832
      655,066
      298,686
      3,034
      1,022,573
      57,066
      922,611
      53,249
      247
      -200,859
      -24,465
      15,787
      -43,374
      98
      3,842
      149,045
      20,915
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 10,637,774
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 10,637,774
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) 1 247,574
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  
3 Add lines 1 and 2........................... 3 247,574
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 247,574
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 236,784
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 236,784
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  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 10,790
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
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 arrowWWW.BOETTCHERFOUNDATION.ORG
14
The books are in care ofright arrowBOETTCHER FOUNDATION Telephone no.right arrow (303) 534-1937

Located atright arrow600 17TH STREET SUITE 2210 SOUTHDENVERCO ZIP+4right arrow80202
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)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
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
 
 
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)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
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
Yes
 
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
TONY FRANK CHAIR
1.50 		1,000 0 44
600 17TH STREET SUITE 2210 SOUTH
DENVER,CO80202
GREGORY L MOORE CHAIR-ELECT
1.50 		1,000 0 153
600 17TH STREET SUITE 2210 SOUTH
DENVER,CO80202
MICHELLE LUCERO SECRETARY
1.50 		1,000 0 44
600 17TH STREET SUITE 2210 SOUTH
DENVER,CO80202
JASON WHEELER TREASURER
1.50 		1,000 0 44
600 17TH STREET SUITE 2210 SOUTH
DENVER,CO80202
REBECCA LOVE KOURLIS TRUSTEE
1.20 		1,000 0 44
600 17TH STREET SUITE 2210 SOUTH
DENVER,CO80202
DAVID MILLER TRUSTEE
1.20 		0 0 0
600 17TH STREET SUITE 2210 SOUTH
DENVER,CO80202
RICO MUNN TRUSTEE
1.20 		1,000 0 963
600 17TH STREET SUITE 2210 SOUTH
DENVER,CO80202
LINDSEY PAULSON TRUSTEE
1.20 		1,000 0 44
600 17TH STREET SUITE 2210 SOUTH
DENVER,CO80202
RICK PEDERSON TRUSTEE
1.20 		0 0 44
600 17TH STREET SUITE 2210 SOUTH
DENVER,CO80202
PAMELA SHOCKLEY-ZALABAK TRUSTEE
1.20 		1,000 0 44
600 17TH STREET SUITE 2210 SOUTH
DENVER,CO80202
KATIE S KRAMER PRES/CEO
40.00 		355,842 75,005 3,240
600 17TH STREET SUITE 2210 SOUTH
DENVER,CO80202
KAREN KRUSE COO/VP FINAN
40.00 		201,911 42,794 1,380
600 17TH STREET SUITE 2210 SOUTH
DENVER,CO80202
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
TIFFANY ANDERSON VP GRANTS &
40.00 		177,453 22,592 1,380
600 17TH STREET SUITE 2210 SOUTH
DENVER,CO80202
CURTIS ESQUIBEL DIR COMM & E
40.00 		157,997 20,557 1,380
600 17TH STREET SUITE 2210 SOUTH
DENVER,CO80202
VANESSA ROMAN DIR SCHOLARS
40.00 		110,426 3,304 1,380
600 17TH STREET SUITE 2210 SOUTH
DENVER,CO80202
GARRETT MAYBERRY PROGRAMS MAN
40.00 		95,223 12,754 1,380
600 17TH STREET SUITE 2210 SOUTH
DENVER,CO80202
LESLIE BALDWIN GRANTS MANAG
40.00 		88,465 11,483 1,380
600 17TH STREET SUITE 2210 SOUTH
DENVER,CO80202
Total number of other employees paid over $50,000...................right arrow 6
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
WELLINGTON MANAGEMENT CO LLC INV MGMT 300,597
280 CONGRESS STREET
BOSTON,MA02210
MONTICELLO ASSOCIATES INC INV CONSULT 150,000
1800 LARIMER STREET 2100
DENVER,CO80202
WINDELL ADVISORS ACCT CONSULT 85,350
6511 B MINOLA ST
HOUSTON,TX77007
PAVO LEADERSHIP LLC EXEC CONSULTANT 76,333
3111 W 36TH AVE
DENVER,CO80211
NORTHERN TRUST INV MGMT 75,000
50 S LASALLE STREET
CHICAGO,IL60675
Total number of others receiving over $50,000 for professional services.............right arrow2
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 CHAI DEBT CAPITAL, LLC 125,000
2 CHAI EQUITY CAPITAL, L.P. 121,667
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow246,667
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
318,798,618
b
Average of monthly cash balances.......................
1b
9,028,039
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
327,826,657
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
327,826,657
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
4,917,400
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
322,909,257
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
16,145,463
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
16,145,463
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
247,574
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
247,574
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
15,897,889
4
Recoveries of amounts treated as qualifying distributions................
4
172,612
5
Add lines 3 and 4............................
5
16,070,501
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
16,070,501
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
14,318,444
b
Program-related investments—total from Part VIII-B..................
1b
246,667
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
14,565,111
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 16,070,501
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 7,979,306
b Total for prior years:20 , 20, 20  
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 ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 14,565,111
a Applied to 2022, but not more than line 2a 7,979,306
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 6,585,805
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023.    
(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  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		9,484,696
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) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		 
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).)
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 e-mail address of the person to whom applications should be addressed:
BOETTCHER FOUNDATION
600 17TH STREET SUITE 2210 SOUTH
DENVER,CO80202
(303) 534-1937
INFO@BOETTCHERFOUNDATION.ORG
bThe form in which applications should be submitted and information and materials they should include:
INFORMATION IS AVAILABLE AT WWW.BOETTCHERFOUNDATION.ORG
cAny submission deadlines:
INFORMATION IS AVAILABLE AT WWW.BOETTCHERFOUNDATION.ORG
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE BOETTCHER FOUNDATION BELIEVES IN THE PROMISE OF COLORADO AND THE POTENTIAL OF COLORADANS. WE INVEST IN PEOPLE, PROGRAMS, AND ORGANIZATIONS ACROSS THE STATE TO CREATE A FOUNDATION FOR COMMUNITY BUILDING AND TRANSFORMATIONAL IMPACT.
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
SEE ATTACHMENT


SEE ATTACHMENT
SEE ATTACHMENT,CO80202 		NONE PC SEE ATTACHMENT 9,803,372
Total .................................right arrow 3a 9,803,372
bApproved for future payment
SEE ATTACHMENT

SEE ATTACHMENT
SEE ATTACHMENT,CO80202 		NONE PC SEE ATTACHMENT 1,207,670
Total ................................. right arrow 3b 1,207,670
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 1,744,280  
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 ..... 523000 12,806 14 6,127,271  
8 Gain or (loss) from sales of assets other than
inventory ............ 		523000 261,448 18 10,637,774  
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) .. 274,254 18,509,325  
13Total. Add line 12, columns (b), (d), and (e)..................
13
18,783,579
(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
BOETTCHER FOUNDATION
 
Employer identification number

84-0404274
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
BOETTCHER FOUNDATION
  		Employer identification number
84-0404274
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
GRADY LORI DURHAM
600 17TH STREET SUITE 2210 S
 
DENVER, CO80202

$ 240,000


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
BOETTCHER FOUNDATION
  		Employer identification number

84-0404274
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) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
BOETTCHER FOUNDATION
  		Employer identification number

84-0404274
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:
BOETTCHER FOUNDATION
EIN:
84-0404274
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
KUNDINGER, CORDER & MONTOYA P.C. 35,100 8,775   26,325

TY 2023 InvestmentsCorpBondsSchedule
Name:
BOETTCHER FOUNDATION
EIN:
84-0404274
Name of Bond End of Year Book Value End of Year Fair Market Value
PIMCO TOTAL RETURN INSTITUTIONAL 11,852,789 10,704,734
WESTERN ASSET (WAMCO) CORE PLUS BOND 10,415,068 8,841,825

TY 2023 InvestmentsCorpStockSchedule
Name:
BOETTCHER FOUNDATION
EIN:
84-0404274
Name of Stock End of Year Book Value End of Year Fair Market Value
FARALLON EQUITY PARTNERS 9,750,024 20,306,037
GMO QUALITY FUND 14,274,732 16,903,395
WHALE ROCK LONG OPPORTUNITIES FUND 15,000,000 17,238,879
DURABLE CAPITAL PARTNERS 12,500,000 19,170,343
WELLINGTON MICRO CAP 7,803,377 9,466,185
DODGE & COX INTERNATIONAL 8,092,796 10,857,878
SELECT EQUITY SHERIDAN SQUARE 10,000,000 9,376,207
WELLINGTON INTERNATIONAL GROWTH 9,866,593 11,136,820
ARISAIG    
GQG PARTNERS EMERGING MARKETS EQUITY 7,678,141 9,423,239
NEWPORT ASIA    
SSGA S&P 500 EQUAL WEIGHTED INDEX 10,127,794 11,139,391

TY 2023 InvestmentsOtherSchedule2
Name:
BOETTCHER FOUNDATION
EIN:
84-0404274
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MARSHALL WACE AT COST 7,000,000 12,032,056
RA CAPITAL HEALTHCARE INT'L FUND AT COST 10,000,000 9,382,787
STEADFAST INTERNATIONAL AT COST 2,285,796 4,116,681
VIKING GLOBAL EQUITIES III AT COST 11,000,000 12,613,874
AG ENERGY CREDIT OPPORTUNITIES AT COST 72,372 212,894
BLACKSTONE ICAPITAL-BREP IX AT COST 2,378,751 3,379,669
BLACKSTONE BREP X AT COST 212,061 180,741
EIG ENERGY FUND XIV-A AT COST 879,873 175,096
EIG ENERGY FUND XV-A AT COST 686,498 185,433
EIG ENERGY FUND XVI AT COST 1,045,860 1,288,841
ANCHORAGE ILLIQUID OPPORTUNITIES OS AT COST 1,815,763 2,468,086
ANCHORAGE CREDIT OPP OS VIII (B) AT COST 2,758,276 3,120,912
NATURAL GAS PARTNERS XI AT COST 773,074 1,434,518
NATURAL GAS PARTNERS X AT COST 297,096 167,193
NATURAL GAS PARTNERS IX AT COST   2,108
NATURAL GAS PARTNERS XII AT COST 1,145,509 2,844,065
JUNTO OFFSHORE FUND LTD AT COST 12,000,000 13,398,359
ARBOUR LANE COF II(B) AT COST 3,457,855 3,853,076
ARBOUR LANE COF III(B) AT COST 2,242,083 2,143,967
CANYON DISTRESSED III AT COST 3,000,000 3,768,608
CLAYTON DUBILIER RICE VIII AT COST 145,517 8,851
CLAYTON DUBILIER RICE IX AT COST 872,463 2,353,262
CLAYTON DUBILIER RICE X AT COST 4,010,515 6,355,551
COLORADO IMPACT FUND AT COST 811,959 542,974
COMMONFUND CAPITAL PARTNERS II AT COST 110,496 114,645
COMMONFUND ENDOWMENT VENTURES V AT COST 29,983  
CU HEALTHCARE INNOVATION FUND AT COST 304,173 341,505
DURABLE CAPITAL OPP OS FUND AT COST 1,367,227 1,387,357
FARALLON SPECIAL SITUATIONS FUND II AT COST 1,523,762 1,848,349
INNOSPHERE VENTURES FUND II AT COST 114,914 112,824
INSOLVE GLOBAL CREDIT FEEDER FUND IV AT COST 1,516,113 2,600,647
INSOLVE GLOBAL CREDIT FEEDER FUND V AT COST 3,428,156 3,638,479
KINDERHOOK CAPITAL FUND VII-B AT COST 2,122,989 3,372,905
LEGACY VENTURE VIII AT COST 4,467,824 9,295,350
LEGACY VENTURE IX AT COST 2,638,797 4,230,346
LEGACY VENTURE X AT COST 1,687,726 1,684,716
LEXINGTON LMMI OFFSHORE IV AT COST 2,639,200 4,610,202
MAINSAIL PARTNERS VI LP AT COST 1,166,417 973,635
MHR INSTITUTIONAL PARTNERS II AT COST 591,214 586,219
MHR INSTITUTIONAL PARTNERS III AT COST 480,563 600,823
MHR INSTITUTIONAL PARTNERS IV AT COST 2,179,317 3,173,710
PAINE SCHWARTZ FOOD CHAIN FUND V B AT COST 2,879,839 4,433,890
PLATTE RIVER VENTURES III-B AT COST 1,585,272 1,079,879
PLATTE RIVER VENTURES IV AT COST 2,970,401 3,934,552
SAGEVIEW CAPITAL PARTNERS II AT COST 4,550,677 7,423,556
SAGEVIEW CAPITAL PARTNERS III AT COST 2,163,784 2,222,112
STEPSTONE SECONDARIES FUND V AT COST 2,046,153 2,102,974
TIFF PARTNERS V - INTL AT COST 1,658  
TIFF PARTNERS V - US AT COST 158,277 40,564
TIFF PEP 2007 AT COST 280,904 495,645
VITRUVIAN IV AT COST 2,494,464 3,049,884
VITRUVIAN V AT COST 246,569 180,324
DAVIDSON KEMPNER AT COST 12,268,769 12,193,072
ETON PARK AT COST 163  
FARALLON CAPITAL INSTITUTIONAL PARTN AT COST 10,943,205 11,881,639
SILVER POINT AT COST   12,972,612

TY 2023 LegalFeesSchedule
Name:
BOETTCHER FOUNDATION
EIN:
84-0404274
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
RECHT & KORNFIELD, P.C. 2,104     2,104
SECTOR LAW PLLC 20,400     20,400
US DEPT OF HOMELAND SECURITY 960     960


TY 2023 OtherAssetsSchedule
Name:
BOETTCHER FOUNDATION
EIN:
84-0404274
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PROGRAM RELATED INVESTMENTS 500,000 746,667 746,667


TY 2023 OtherExpensesSchedule
Name:
BOETTCHER FOUNDATION
EIN:
84-0404274
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
SCHOLARSHIP PROGRAM 691,793     691,793
STRATEGIC INITIATIVES 272,808     272,808
MISC CHARITABLE RELATED 137,500     137,500
FURNITURE AND EQUIPMENT 20,084 1,004   19,080
COMPUTER CONSULTING/EXPENSES 156,503 7,825   148,678
WEBB-WARING BIOMED RESEARCH 28,179     28,179
EDUCATION AND TRAINING 79,399 3,970   75,429
RETIREMENT PLAN ADMINISTRATIO 32,296 1,615   30,681
BUSINESS INSURANCE 34,328 1,716   32,612
EQUIP LEASES AND MAINTENANCE 9,978 499   9,479
FUNDRAISING EXPENSES 27,796     27,796
MEMBERSHIPS 21,290 4,258   17,032
PAYROLL SERVICE 5,387 269   5,118
OFFICE SUPPLIES 4,886 244   4,642
POSTAGE 2,487 124   2,363
OTHER 3,240 9   3,231


TY 2023 OtherIncomeSchedule2
Name:
BOETTCHER FOUNDATION
EIN:
84-0404274
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PASS THROUGHS (PARTNERSHIPS) 6,067,728 6,067,728  
PARTNERSHIP UBTI 12,806    
OTHER INV INCOME 59,543 59,543  


TY 2023 OtherProfessionalFeesSchedule
Name:
BOETTCHER FOUNDATION
EIN:
84-0404274
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MONTICELLO ASSOCIATES 150,000 112,000    
WELLINGTON TRUST (MICRO CAP) 223,068 223,068    
WELLINGTON TRUST (INT'L EQUITY) 77,529 77,529    
NORTHERN TRUST 75,000 75,000    
WINDELL ADVISORS 85,350 42,675   42,675
STATE STREET GLOBAL ADVISORS 323 323    
PAVO LEADERSHIP 76,333     76,333
DISRUPTION ADVISORS 40,000     40,000
OFFICIENCY 57,869     57,869
INTEGRIS 58,664     58,664


TY 2023 TaxesSchedule
Name:
BOETTCHER FOUNDATION
EIN:
84-0404274
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAXES AND INCOME TAXES 230,000      
INCOME TAXES 651