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
KENNETH KENDAL KING FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 6699
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DENVER, CO80206
A Employer identification number

84-1148157
B Telephone number (see instructions)

(303) 832-3200
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$71,558,289J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,572,986 1,572,986  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,211,737
b Gross sales price for all assets on line 6a 3,233,255
7 Capital gain net income (from Part IV, line 2)... 3,211,737
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
90,828 35,380  
12 Total. Add lines 1 through 11........ 4,875,551 4,820,103  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 327,600 100,194   227,406
14 Other employee salaries and wages...... 27,417     27,417
15 Pension plans, employee benefits....... 64,313 4,120   60,193
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
9,297     9,297
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
52,095 7,814   44,281
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
54,659     54,659
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
51,636      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 14,753     14,753
21 Travel, conferences, and meetings....... 7,073     7,073
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
237,600     237,600
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 846,443 112,128   682,679
25 Contributions, gifts, grants paid....... 2,227,700 2,232,700
26 Total expenses and disbursements. Add lines 24 and 25 3,074,143 112,128   2,915,379
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,801,408
b Net investment income (if negative, enter -0-) 4,707,975
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............. 99,089 688,731 688,731
2 Savings and temporary cash investments......... 548 708,678 708,678
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)....... 30,352,925 Click to see attachment
List of Attached Documents:
// Content
30,640,199 		67,151,482
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).......... 227,557 Click to see attachment
List of Attached Documents:
// Content
217,818 		693,647
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
2,089,650 		Click to see attachment
List of Attached Documents:
// Content
2,315,751 		Click to see attachment
List of Attached Documents:
// Content
2,315,751
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 32,769,769 34,571,177 71,558,289
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...........    
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 32,769,769 34,571,177
29 Total net assets or fund balances (see instructions)..... 32,769,769 34,571,177
30 Total liabilities and net assets/fund balances (see instructions). 32,769,769 34,571,177
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
32,769,769
2
Enter amount from Part I, line 27a .....................
2
1,801,408
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
34,571,177
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
34,571,177
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 PUBLICALLY TRADED SECURITIES P    
b PASS THROUGH ENTITY P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,233,255     3,233,255
b     21,518 -21,518
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       3,233,255
b       -21,518
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,211,737
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 3,211,737
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 65,441
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 65,441
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 65,441
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 55,513
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 9,928
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 65,441
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 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 arrowCO
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 arrowKENNETHKINGFOUNDATION.ORG
14
The books are in care ofright arrowJANICE FRITSCH Telephone no.right arrow (303) 832-3200

Located atright arrowPO BOX 6699DENVERCO ZIP+4right arrow80206
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
 
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)
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). Click to see attachment
List of Attached Documents:
// Content
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
JANICE FRITSCH PRESIDENT
40.00 		222,600 21,702 0
PO BOX 6699
DENVER,CO80206
JARED MINOR CHAIR/SEC
14.00 		20,000 0 0
PO BOX 6699
DENVER,CO80206
JOHN LOVE TREASURER
6.00 		20,000 0 0
PO BOX 6699
DENVER,CO80206
ALEJANDRA HARVEY OLIVER DIRECTOR
8.00 		5,000 0 0
PO BOX 6699
DENVER,CO80206
MATTHEW R BANNER III DIRECTOR
25.00 		20,000 0 0
PO BOX 6699
DENVER,CO80206
TONY AFSHARY DIRECTOR
4.00 		20,000 0 0
PO BOX 6699
DENVER,CO80206
TIMOTHY WELKER DIR THRU 11/
11.00 		20,000 0 0
PO BOX 6699
DENVER,CO80206
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  
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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
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 BOYS AND GIRLS CLUBS OF SAN LUIS VALLEY 225,000
2 JFS ALTIUS FARMS LLC 100,000
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
100,000
Total. Add lines 1 through 3.........................right arrow425,000
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
63,516,838
b
Average of monthly cash balances.......................
1b
163,938
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
63,680,776
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
63,680,776
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
955,212
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
62,725,564
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,136,278
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
3,136,278
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
65,441
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
65,441
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,070,837
4
Recoveries of amounts treated as qualifying distributions................
4
203,899
5
Add lines 3 and 4............................
5
3,274,736
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
3,274,736
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
2,915,379
b
Program-related investments—total from Part VIII-B..................
1b
425,000
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
3,340,379
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 3,274,736
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 3,145,670
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$ 3,340,379
a Applied to 2022, but not more than line 2a 3,145,670
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..... 194,709
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 .......... 		3,080,027
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:
JANICE FRITSCH
PO BOX 6699
DENVER,CO80206
(303) 832-3200
GRANTS@KENNETHKINGFOUNDATION.ORG
bThe form in which applications should be submitted and information and materials they should include:
LETTER OF INQUIRY AND GRANT APPLICATIONS SHOULD BE SUBMITTED ONLINE VIA THE FOUNDATION'S WEBSITE AT WWW.KENNETHKINGFOUNDATION.ORG.
cAny submission deadlines:
SEPTEMBER 1 OF EACH CALENDAR YEAR. MARCH 1 OF EACH CALENDAR YEAR.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
FURTHER INFORMATION CAN BE FOUND AT WWW.KENNETHKINGFOUNDATION.ORG.
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

ACCESS GALLERY

909 SANTA FE DR
DENVER,CO80204 		NONE PC GENERAL OPERATING SUPPORT 20,000

ACCESS MODE

2400 MONACO PARKWAY
DENVER,CO80207 		NONE PC PROGRAM SUPPORT 25,000

ACTIVATE WORK INC

1777 S HARRISON ST SUITE
DENVER,CO80210 		NONE PC PROGRAM SUPPORT 60,000

ALAMOSA LIVE MUSIC ASSOCIATION (ALM

PO BOX 1836
ALAMOSA,CO81101 		NONE PC GENERAL OPERATING SUPPORT 5,000

AMERICAN DIABETES ASSOCIATION - ROC

PO BOX 7023
MERRIFIELD,VA22116 		NONE PC FUNDRAISING SUPPORT 2,500

BLUE STAR RECYCLERS

100 TALAMINE COURT
COLORADO SPRINGS,CO80907 		NONE PC PROGRAM SUPPORT 35,000

BOYS AND GIRLS CLUBS OF SAN LUIS VA

1115 TENTH STREET PO BOX
ALAMOSA,CO81101 		NONE PC PROGRAM SUPPORT 50,000

BREAKTHROUGH ALLIANCE OF COLORADO

1766 W 46TH AVE PO BOX 11
DENVER,CO80211 		NONE PC PROGRAM SUPPORT 30,000

BROOMFIELD COUNCIL ON THE ARTS & HU

PO BOX 681
BROOMFIELD,CO80038 		NONE PC PROGRAM SUPPORT 2,500

CAPITOL HILL COMMUNITY SERVICES

3615 S HURON ST 206
ENGLEWOOD,CO80110 		NONE PC GENERAL OPERATING SUPPORT 5,000

CAPITOL HILL COMMUNITY SERVICES

3615 S HURON ST 206
ENGLEWOOD,CO80110 		NONE PC GENERAL OPERATING SUPPORT 30,700

CAPITOL HILL COMMUNITY SERVICES

3615 S HURON ST 206
ENGLEWOOD,CO80110 		NONE PC GENERAL OPERATING SUPPORT 10,000

CAPITOL HILL COMMUNITY SERVICES

3615 S HURON ST 206
ENGLEWOOD,CO80110 		NONE PC GENERAL OPERATING SUPPORT 10,000

CAPITOL HILL COMMUNITY SERVICES

3615 S HURON ST 206
ENGLEWOOD,CO80110 		NONE PC GENERAL OPERATING SUPPORT 50,000

CEDS FINANCE

10660 E COLFAX AVE SUITE
AURORA,CO80010 		NONE PC PROGRAM SUPPORT 5,000

CENTER FOR COMMUNITY WEALTH BUILDIN

2900 N DOWNING STREET UN
DENVER,CO80205 		NONE PC PROGRAM SUPPORT 5,000

CENTER FOR EMPLOYMENT OPPORTUNITIES

3532 FRANKLIN STREET SUIT
DENVER,CO80205 		NONE PC PROGRAM SUPPORT 25,000

CEREBRAL PALSY OF COLORADO INC D

801 YOSEMITE STREET
DENVER,CO80230 		NONE PC FUNDRAISING SUPPORT 5,000

CHAFFEE COUNTY AND CHAFFEE COUNTY E

123 G STREET UNIT 7
SALIDA,CO81201 		NONE PC PROGRAM SUPPORT 90,000

COLORADO BALLET COMPANY

1075 SANTA FE DRIVE
DENVER,CO80204 		NONE PC GENERAL OPERATING SUPPORT 10,000

COLORADO BUSINESS COMMITTEE FOR THE

1325 S COLORADO BLVD SUI
DENVER,CO80222 		NONE PC PROGRAM SUPPORT 15,000

COLORADO CHILDREN'S CHORALE

3801 E FLORIDA AVE STE 40
DENVER,CO80210 		NONE PC GENERAL OPERATING SUPPORT 10,000

COLORADO CHILDREN'S CHORALE

3801 E FLORIDA AVE STE 40
DENVER,CO80210 		NONE PC PROGRAM SUPPORT 20,000

COLORADO CHILDREN'S CHORALE

3801 E FLORIDA AVE STE 40
DENVER,CO80210 		NONE PC GENERAL OPERATING SUPPORT 10,000

COLORADO COMMUNITY COLLEGE SYSTEM F

9101 E LOWRY BLVD
DENVER,CO80230 		NONE PC PROGRAM SUPPORT 100,000

COLORADO HISTORICAL SOCIETY DBA HI

PO BOX 5941
DENVER,CO80217 		NONE PC GENERAL OPERATING SUPPORT 10,000

COLORADO LIONS KIDSIGHT PROGRAM

8200 S QUEBEC ST A3-704
CENTENNIAL,CO80112 		NONE PC GENERAL OPERATING SUPPORT 10,000

COLORADO MUSEUM OF NATURAL HISTORY

2001 N COLORADO BLVD
DENVER,CO80205 		NONE PC GENERAL OPERATING SUPPORT 10,000

COLORADO MUSEUM OF NATURAL HISTORY

2001 N COLORADO BLVD
DENVER,CO80205 		NONE PC DEPARTMENT GENERAL OPERATING SUPPORT 5,000

COLORADO MUSEUM OF NATURAL HISTORY

2001 N COLORADO BLVD
DENVER,CO80205 		NONE PC DEPARTMENT GENERAL OPERATING SUPPORT 5,000

COLORADO STATE UNIVERSITY PUEBLO FO

2200 BONFORTE BLVD 2200 B
PUEBLO,CO81001 		NONE PC PROGRAM SUPPORT 25,000

COLORADO STATEWIDE PARENT COALITION

PO BOX 11849
DENVER,CO80221 		NONE PC PROGRAM SUPPORT 30,000

COLORADO SYMPHONY ASSOCIATION

BOETTCHER CONCERT HALL DE
DENVER,CO80202 		NONE PC GENERAL OPERATING SUPPORT 10,000

COMMUNITY AGRICULTURE ALLIANCE INC

PO BOX 774134
STEAMBOAT SPRINGS,CO80477 		NONE PC PROGRAM SUPPORT 100,000

COMMUNITY FOUNDATION OF THE SAN LUI

610 STATE AVENUE
ALAMOSA,CO81101 		NONE PC LEGAL SUPPORT 1,000

COMMUNITY RESOURCE CENTER

303 E 17TH AVENUE SUITE 4
DENVER,CO80203 		NONE PC PROGRAM SUPPORT 10,000

CROSSPURPOSE

PO BOX 2483
DENVER,CO80201 		NONE PC PROGRAM SUPPORT 25,000

CROSSPURPOSE

PO BOX 2483
DENVER,CO80201 		NONE PC GENERAL OPERATING SUPPORT 10,000

DENVER CENTER FOR THE PERFORMING AR

1101 13TH STREET
DENVER,CO80204 		NONE PC GENERAL OPERATING SUPPORT 10,000

DENVER LYRIC OPERA GUILD

PO BOX 339
ENGLEWOOD,CO80151 		NONE PC PROGRAM SUPPORT 10,000

DENVER MUNICIPAL BAND

1685 S COLORADO BLVD S22
DENVER,CO80222 		NONE PC PROGRAM SUPPORT 2,500

DENVER SOUTH HIGH SCHOOL PTSA

1700 EAST LOUISIANA AVENU
DENVER,CO80210 		NONE PC GENERAL OPERATING SUPPORT 5,000

DENVER SOUTH HIGH SCHOOL PTSA

1700 EAST LOUISIANA AVENU
DENVER,CO80210 		NONE PC PROGRAM SUPPORT 2,500

DESERVING DENTAL

2205 W 136TH AVE
BROOMFIELD,CO80023 		NONE PC PROGRAM SUPPORT 15,000

DESERVING DENTAL

2205 W 136TH AVE
BROOMFIELD,CO80023 		NONE PC GENERAL OPERATING SUPPORT 5,000

DREAM CENTERS

11025 VOYAGER PKWY
COLORADO SPRINGS,CO80921 		NONE PC PROGRAM SUPPORT 30,000

EMILY GRIFFITH FOUNDATION

1860 LINCOLN ST SUITE 60
DENVER,CO80203 		NONE PC PROGRAM SUPPORT 30,000

FIREFLY AUTISM

2001 HOYT ST
LAKEWOOD,CO80215 		NONE PC PROGRAM SUPPORT 40,000

FOCUS POINTS FAMILY RESOURCE CENTER

2501 EAST 48TH AVENUE
DENVER,CO80216 		NONE PC PROGRAM SUPPORT 50,000

GIRLS INCORPORATED OF METRO DENVER

1499 JULIAN ST
DENVER,CO80204 		NONE PC PROGRAM SUPPORT 30,000

GOODWILL OF COLORADO

1460 GARDEN OF THE GODS R
COLORADO SPRINGS,CO80907 		NONE PC PROGRAM SUPPORT 75,000

GRAND ENTERPRISE INITIATIVE

P O BOX 1135
GRANBY,CO80446 		NONE PC PROGRAM SUPPORT 10,000

GREEN AND GOLD FOUNDATION

101 UNIVERSITY BLVD SUI
DENVER,CO80206 		NONE PC GENERAL OPERATING SUPPORT 2,500

GUNNISON ARTS CENTER

102 S MAIN ST
GUNNISON,CO81230 		NONE PC GENERAL OPERATING SUPPORT 15,000

HANDS OF THE CARPENTER

16097 S GOLDEN ROAD
GOLDEN,CO80401 		NONE PC PROGRAM SUPPORT 60,000

HIGHWATER FARM

7001 COUNTY ROAD 346
SILT,CO81652 		NONE PC GENERAL OPERATING SUPPORT 18,000

HOMEWARD ALLIANCE

PO BOX 873
FORT COLLINS,CO80522 		NONE PC PROGRAM SUPPORT 50,000

HOMEWARDBOUND OF THE GRAND VALLEY

562 29 ROAD
GRAND JUNCTION,CO81504 		NONE PC PROGRAM SUPPORT 50,000

INSTITUTE FOR LEADERS IN DEVELOPMEN

2197 S UNIVERSITY BLVD
DENVER,CO80210 		NONE PC PROGRAM SUPPORT 7,500

KIDPOWER OF COLORADO INC

10 BOULDER CRESCENT SUIT
COLORADO SPRINGS,CO80903 		NONE PC GENERAL OPERATING SUPPORT 5,000

KIDS IN NEED OF DENTISTRY KIND

7190 COLORADO BLVD SUITE
COMMERCE CITY,CO80022 		NONE PC GENERAL OPERATING SUPPORT 10,000

LA PUENTE HOME INCORPORATED

PO BOX 1235
ALAMOSA,CO81101 		NONE PC PROGRAM SUPPORT 55,000

LA PUENTE HOME INCORPORATED

PO BOX 1235
ALAMOSA,CO81101 		NONE PC PROGRAM SUPPORT 25,000

LITTLETON TOWN HALL ARTS CENTER

2450 W MAIN STREET
LITTLETON,CO80751 		NONE PC GENERAL OPERATING SUPPORT 10,000

LOGAN COUNTY ECONOMIC DEVELOPMENT C

100 COLLEGE AVE
STERLING,CO80751 		NONE PC PROGRAM SUPPORT 5,000

MANNA - THE DURANGO SOUP KITCHEN

1100 AVENIDA DEL SOL PO B
DURANGO,CO81301 		NONE PC PROGRAM SUPPORT 15,000

MT CARMEL VETERANS SERVICE CENTER

530 COMMUNICATION CIRCLE
COLORADO SPRINGS,CO80905 		NONE PC PROGRAM SUPPORT 50,000

MUSEUM OF CONTEMPORARY ART DENVER

1485 DELGANY STREET
DENVER,CO80202 		NONE PC PROGRAM SUPPORT 15,000

OPERA COLORADO

4121 SOUTH NAVAJO STREET
ENGLEWOOD,CO80110 		NONE PC GENERAL OPERATING SUPPORT 10,000

PARTNERS IN HOUSING

455 GOLD PASS HEIGHTS
COLORADO SPRINGS,CO80906 		NONE PC PROGRAM SUPPORT 40,000

PHAMALY THEATRE COMPANY

3532 FRANKLIN STREET SUI
DENVER,CO80205 		NONE PC GENERAL OPERATING SUPPORT 10,000

POSSIBILITY LABS

1410 FRANKLIN ST STE 135
SAN FRANCISCO,CA94109 		NONE PC PROGRAM SUPPORT 7,500

PROJECT SELF-SUFFICIENCY OF LOVELAN

375 W 37TH STREET 150
LOVELAND,CO80538 		NONE PC GENERAL OPERATING SUPPORT 25,000

RAISE THE FUTURE

1325 S COLORADO BLVD
DENVER,CO80222 		NONE PC GENERAL OPERATING SUPPORT 2,500

RISING UP

PO BOX 385
FORT MORGAN,CO80701 		NONE PC PROGRAM SUPPORT 20,000

ROCKY MOUNTAIN MICROFINANCE INSTITU

PO BOX 48138
DENVER,CO80204 		NONE PC PROGRAM SUPPORT 50,000

ROCKY MOUNTAIN MULTIPLE SCLEROSIS C

8845 WAGNER STREET
WESTMINISTER,CO80013 		NONE PC PROGRAM SUPPORT 10,000

ROSE COMMUNITY FOUNDATION

4500 CHERRY CREEK DRIVE S
DENVER,CO80246 		NONE PC PROGRAM SUPPORT 25,000

RSF SOCIAL FINANCE

PO BOX 2007
SAN FRANCISCO,CA94126 		NONE PC PROGRAM SUPPORT 2,500

SAINT FRANCIS CENTER

2323 CURTIS STREET
DENVER,CO80205 		NONE PC PROGRAM SUPPORT 35,000

SAN LUIS VALLEY GREAT OUTDOORS

610 STATE AVE
ALAMOSA,CO81101 		NONE PC GENERAL OPERATING SUPPORT 25,000

SAN LUIS VALLEY LOCAL FOOD COALITIO

PO BOX 181
ALAMOSA,CO81101 		NONE PC PROGRAM SUPPORT 20,000

SECOND CHANCE CENTER INC

224 POTOMAC STREET
AURORA,CO80011 		NONE PC PROGRAM SUPPORT 65,000

SO ALL MAY EAT INC (SAME CAF)

2023 E COLFAX AVENUE
DENVER,CO80206 		NONE PC PROGRAM SUPPORT 30,000

SONIC GUILD COLORADO

PO BOX 40252
DENVER,CO80204 		NONE PC PROGRAM SUPPORT 20,000

SPRING INSTITUTE FOR INTERCULTURAL

1373 GRANT STREET
DENVER,CO80203 		NONE PC PROGRAM SUPPORT 28,000

SPRINGS RESCUE MISSION

5 W LAS VEGAS ST
COLORADO SPRINGS,CO80903 		NONE PC PROGRAM SUPPORT 50,000

STARTUP COLORADO

PO BOX 25294
SILVERTHORNE,CO80498 		NONE PC PROGRAM SUPPORT 25,000

TEACHING THE AUTISM COMMUNITY TRADE

2733 W 8TH AVE
DENVER,CO80204 		NONE PC PROGRAM SUPPORT 30,000

THE SAVINGS COLLABORATIVE

959 CEDAR CREEK
CARBONDALE,CO81623 		NONE PC PROGRAM SUPPORT 55,000

THRIVE NETWORK

PO BOX 76858
COLORADO SPRINGS,CO80970 		NONE PC PROGRAM SUPPORT 15,000

VETERANS COMMUNITY PROJECT

8900 TROOST AVENUE
KANSAS CITY,MO64131 		NONE PC PROGRAM SUPPORT 15,000

WATER EDUCATION COLORADO

4777 NATIONAL WESTERN DR
DENVER,CO80216 		NONE PC PROGRAM SUPPORT 2,500

WORKLIFE PARTNERSHIPS

3513 BRIGHTON BLVD SUITE
DENVER,CO80216 		NONE PC GENERAL OPERATING SUPPORT 25,000
Total .................................right arrow 3a 2,232,700
bApproved for future payment
Total ................................. right arrow 3b  
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 1,572,986  
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 55,448 14 35,380  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 3,211,737  
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) .. 55,448 4,820,103  
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,875,551
(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

TY 2023 AccountingFeesSchedule
Name:
KENNETH KENDAL KING FOUNDATION
EIN:
84-1148157
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
KUNDINGER, CORDER & MONTOYA, P.C 23,200 3,480   19,720
CLIFTONLARSONALLEN 3,270 490   2,780
SC HANSEN 25,625 3,844   21,781

TY 2023 AllOthProgRltdInvestmentsSch
Name:
KENNETH KENDAL KING FOUNDATION
EIN:
84-1148157
Category Amount
CHAI DEBT CAPITAL 100,000

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 ExpenditureResponsibilityStmt
Name:
KENNETH KENDAL KING FOUNDATION
EIN:
84-1148157
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
ALTIUS FARMS
  		2500 LAWRENCE STREET 200
DENVER,CO80205 		    THE FOUNDATION HAS MADE AN EQUITY INVESTMENT IN ALTIUS FARMS FOR THE PURPOSES OF   THE FOUNDATION IS NOT AWARE OF ANY DIVERSION OF PROGRAM RELATED INVESTMENT FUNDS 1/15/22, 10/17/22, 12/13/22   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT
BITS BOX - CODEPOPS
  		3080 VALMONT ROAD 200
BOULDER,CO80301 		    THE FOUNDATION HAS MADE AN EQUITY INVESTMENT IN BITS BOX - CODEPOPS FOR THE PURP   THE FOUNDATION IS NOT AWARE OF ANY DIVERSION OF PROGRAM RELATED INVESTMENT FUNDS 3/22/22, 5/9/22, 7/20/22, 8/3/22   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT
KNOTTY TIE
  		989 SANTA FE DRIVE
DENVER,CO80204 		    THE FOUNDATION MADE AN EQUITY INVESTMENT IN THIS COMMERCIAL ORGANIZATION THAT PR   THE FOUNDATION IS NOT AWARE OF ANY DIVERSION OF PROGRAM RELATED INVESTMENT FUNDS 4/5/22, 12/1/22   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT
FULL PLATE MANAGEMENT
  		3273 S TULARE CIRCLE
DENVER,CO80231 		    THE FOUNDATION MADE A LOAN TO SUPPORT CULINARY ARTS TRAINING IN THE FOOD HALL OF   THE FOUNDATION IS NOT AWARE OF ANY DIVERSION OF PROGRAM RELATED INVESTMENT FUNDS 11/17/22, 11/9/22, 4/18/22, 3/28/22   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT
DELTA BRICK AND CLIMATE COMPANY LLC
  		207 3RD STREET UNIT B
PAONIA,CO81428 		    THE FOUNDATION MADE A LOAN TO SUPPORT JOBS AT DELTA BRICK AND CLIMATE COMPANY.   THE FOUNDATION IS NOT AWARE OF ANY DIVERSION OF PROGRAM RELATED INVESTMENT FUNDS 2/7/22, 3/3/22, 4/26/22, 6/7/22, 11/18/22, 12/12/22   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT
CHAI DEBT CAPITAL LLC
  		C/O WEAVE SOCIAL FINANCE1536 WYNKOO
DENVER,CO80202 		    THE FOUNDATION MADE A LOAN TO SUPPORT PURCHASING AFFORDABLE HOUSING TO ENSURE IT   THE FOUNDATION IS NOT AWARE OF ANY DIVERSION OF PROGRAM RELATED INVESTMENT FUNDS 3/16/22, 4/20/22, 5/31/22, 6/23/22, 6/30/22, 9/9/22   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT

TY 2023 InvestmentsCorpStockSchedule
Name:
KENNETH KENDAL KING FOUNDATION
EIN:
84-1148157
Name of Stock End of Year Book Value End of Year Fair Market Value
MARKETABLE SECURITIES 30,640,199 67,151,482

TY 2023 InvestmentsOtherSchedule2
Name:
KENNETH KENDAL KING FOUNDATION
EIN:
84-1148157
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
WETAR III PARTNERSHIP AT COST 217,818 693,647

TY 2023 LegalFeesSchedule
Name:
KENNETH KENDAL KING FOUNDATION
EIN:
84-1148157
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
HOLLAND & HART 5,787     5,787
OGLETREE DEAKINS NASH SMOAK & ST 3,510     3,510


TY 2023 OtherAssetsSchedule
Name:
KENNETH KENDAL KING FOUNDATION
EIN:
84-1148157
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PROGRAM RELATED INVESTMENTS 2,089,650 2,315,751 2,315,751


TY 2023 OtherExpensesSchedule
Name:
KENNETH KENDAL KING FOUNDATION
EIN:
84-1148157
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
DUES AND SUBSCRIPTIONS 32,833     32,833
INSURANCE 17,496     17,496
OFFICE EXPENSES 18,417     18,417
PAYMENTS TO RETIREES 140,143     140,143
BOARD EXPENSES 855     855
IT 11,266     11,266
PROFESSIONAL DEVELOPMENT 16,590     16,590


TY 2023 OtherIncomeSchedule2
Name:
KENNETH KENDAL KING FOUNDATION
EIN:
84-1148157
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PRI LOAN INTEREST INCOME 23,041 23,041  
SECURITIES LITIGATION PROCEED 82 82  
INCOME PASS-THROUGH ENTITIES 12,257 12,257  
UBTI PASS-THROUGH ENTITIES 55,448    


TY 2023 OtherProfessionalFeesSchedule
Name:
KENNETH KENDAL KING FOUNDATION
EIN:
84-1148157
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
YOUR VIRTUAL ADMIN EXPERT 23,250     23,250
OTHER CONTRACTOR FEES 2,639     2,639
RESULTS LAB 28,770     28,770


TY 2023 TaxesSchedule
Name:
KENNETH KENDAL KING FOUNDATION
EIN:
84-1148157
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
2023 ESTIMATED EXCISE TAXES 51,636