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
NEXTFIFTY INITIATIVE
 
Number and street (or P.O. box number if mail is not delivered to street address)2000 S COLORADO BLVD TOWER 1 5500
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DENVER, CO802227900
A Employer identification number

26-2700185
B Telephone number (see instructions)

(303) 547-1800
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$244,297,749J 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 13,870 13,870  
4 Dividends and interest from securities... 4,692,080 4,692,080  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,798,328
b Gross sales price for all assets on line 6a 35,124,382
7 Capital gain net income (from Part IV, line 2)... 4,798,328
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
70,597 0  
12 Total. Add lines 1 through 11........ 9,574,875 9,504,278  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 155,742 15,575   764,319
14 Other employee salaries and wages...... 1,284,638 0   699,611
15 Pension plans, employee benefits....... 316,237 0   308,769
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
51,943 0   50,744
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
50,350 0   50,350
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,409,403 854,071   601,946
17 Interest............... 61 0   61
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
130,077 0   77
19 Depreciation (attach schedule) and depletion... 22,710 0  
20 Occupancy.............. 208,576 0   178,260
21 Travel, conferences, and meetings....... 71,761 0   120,319
22 Printing and publications.......... 418 0   1,881
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
231,753 2,314   139,949
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,933,669 871,960   2,916,286
25 Contributions, gifts, grants paid....... 8,271,129 7,169,871
26 Total expenses and disbursements. Add lines 24 and 25 12,204,798 871,960   10,086,157
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,629,923
b Net investment income (if negative, enter -0-) 8,632,318
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............. 87,919 400,911 400,911
2 Savings and temporary cash investments......... 4,596,720 2,285,995 2,285,995
3 Accounts receivable right arrow250
Less: allowance for doubtful accounts right arrow     250 250
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.......... 65,928 40,579 40,579
10a Investments—U.S. and state government obligations (attach schedule) 14,635,512 Click to see attachment
List of Attached Documents:
// Content
15,240,391 		15,240,391
b Investments—corporate stock (attach schedule)....... 122,407,200 Click to see attachment
List of Attached Documents:
// Content
133,815,964 		133,815,964
c Investments—corporate bonds (attach schedule)....... 45,719,788 Click to see attachment
List of Attached Documents:
// Content
50,365,446 		50,365,446
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).......... 32,443,966 Click to see attachment
List of Attached Documents:
// Content
41,148,676 		41,148,676
14 Land, buildings, and equipment: basis right arrow237,047
Less: accumulated depreciation (attach schedule) right arrow61,965 146,685 Click to see attachment
List of Attached Documents:
// Content
175,082 		175,082
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
999,464 		Click to see attachment
List of Attached Documents:
// Content
824,455 		Click to see attachment
List of Attached Documents:
// Content
824,455
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 221,103,182 244,297,749 244,297,749
Liabilities 17 Accounts payable and accrued expenses.......... 53,752 51,969
18 Grants payable................. 15,390 878,410
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) Click to see attachment
List of Attached Documents:
// Content
1,105,220 		Click to see attachment
List of Attached Documents:
// Content
912,963
23 Total liabilities (add lines 17 through 22)......... 1,174,362 1,843,342
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........... 219,928,820 242,454,407
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    
29 Total net assets or fund balances (see instructions)..... 219,928,820 242,454,407
30 Total liabilities and net assets/fund balances (see instructions). 221,103,182 244,297,749
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
219,928,820
2
Enter amount from Part I, line 27a .....................
2
-2,629,923
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
25,155,510
4
Add lines 1, 2, and 3 ..........................
4
242,454,407
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
242,454,407
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 SALE OF PUBLICLY TRADED STOCK P    
b
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 35,124,382   30,326,054 4,798,328
b
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       4,798,328
b
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 4,798,328
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 119,989
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 119,989
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 119,989
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 118,263
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 45,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 163,263
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 43,274
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow43,274 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right 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 arrowWWW.NEXT50INITIATIVE.ORG
14
The books are in care ofright arrowTRACY LANGWORTHY Telephone no.right arrow (303) 547-1800

Located atright arrow2000 S COLORADO BLVD TOWER 1 SUITE5500DENVERCO ZIP+4right arrow80222
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
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
Yes
 
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
PETER KALDES PRESIDENT & CEO (AS OF 9/23)
40.00 		146,892 8,850 0
2000 S COLORADO BLVD TOWER 1 STE
5500
DENVER,CO80222
JOIE GLENN CHAIR
1.00 		0 0 0
2000 S COLORADO BLVD TOWER 1 STE
5500
DENVER,CO80222
MAUREEN HANRAHAN VICE CHAIR
1.00 		0 0 0
2000 S COLORADO BLVD TOWER 1 STE
5500
DENVER,CO80222
ERIC KUHN SECRETARY
4.00 		0 0 0
2000 S COLORADO BLVD TOWER 1 STE
5500
DENVER,CO80222
KEN TAYLOR TREASURER
1.00 		0 0 0
2000 S COLORADO BLVD TOWER 1 STE
5500
DENVER,CO80222
KRISTINE BURROWS TRUSTEE
1.00 		0 0 0
2000 S COLORADO BLVD TOWER 1 STE
5500
DENVER,CO80222
MARCO CHAYET TRUSTEE
1.00 		0 0 0
2000 S COLORADO BLVD TOWER 1 STE
5500
DENVER,CO80222
VATSALA KAPUR TRUSTEE
1.00 		0 0 0
2000 S COLORADO BLVD TOWER 1 STE
5500
DENVER,CO80222
SEKHAR PALADUGU TRUSTEE
1.00 		0 0 0
2000 S COLORADO BLVD TOWER 1 STE
5500
DENVER,CO80222
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
SU CHAE DIRECTOR OF FINANCE
40.00 		176,454 47,168 0
2000 S COLORADO BLVD TOWER 1 STE
5500
DENVER,CO80222
BRIA WARD DIRECTOR OF PEOPLE &
40.00 		169,020 20,375 0
2000 S COLORADO BLVD TOWER 1 STE
5500
DENVER,CO80222
CHANDRA MATTHEWS JERGENSON DIRECTOR OF PROGRAMS
40.00 		149,155 22,649 0
2000 S COLORADO BLVD TOWER 1 STE
5500
DENVER,CO80222
TIFFANY M WELCH DIRECTOR, STRATEGIC
40.00 		117,393 11,820 0
2000 S COLORADO BLVD TOWER 1 STE
5500
DENVER,CO80222
JILLIAN KELLY DIRECTOR, IMPACT
40.00 		112,258 8,771 0
2000 S COLORADO BLVD TOWER 1 STE
5500
DENVER,CO80222
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
GOLDMAN SACHS ADVISORS INVESTMENT ADVISORY 854,071
200 WEST ST
NEW YORK,NY10282
TALOMA PARTNERS CONSULTING SERVICES 330,000
1490 LAFAYETTE ST STE 203
DENVER,CO80218
LINCOLN ASB AT THE COLORADO CENTER REAL ESTATE MANAGEMENT 183,099
2000 SOUTH COLORADO BLVD STE 460
DENVER,CO80202
KITTLEMAN & ASSOCIATES EXECUTIVE RECRUITING 103,137
200 S WACKER DR STE 3100
CHICAGO,IL60606
PROSONO CONSULTING SERVICES 58,000
1120 LINCOLN ST STE 704
DENVER,CO80203
Total number of others receiving over $50,000 for professional services.............right arrow1
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
226,436,189
b
Average of monthly cash balances.......................
1b
3,493,183
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
229,929,372
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
229,929,372
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
3,448,941
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
226,480,431
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
11,324,022
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
11,324,022
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
119,989
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
119,989
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
11,204,033
4
Recoveries of amounts treated as qualifying distributions................
4
70,597
5
Add lines 3 and 4............................
5
11,274,630
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
11,274,630
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
10,086,157
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
51,107
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
10,137,264
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 11,274,630
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 6,916,158
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 10,137,264
a Applied to 2022, but not more than line 2a 6,916,158
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 3,221,106
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		8,053,524
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
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:
ALL GRANT APPLICATIONS SHOULD BE CO
AT WWWNEXTFIFTYINITIATIVEORG
DENVER,CO80222
(303) 547-1800
INFO@NEXT50INITIATIVE.ORG
bThe form in which applications should be submitted and information and materials they should include:
PLEASE SEE WWW.NEXTFIFTYINITIATIVE.ORG FOR DETAILS.
cAny submission deadlines:
NEXTFIFTY INITIATIVE WILL HAVE TWO GRANT APPLICATION CYCLES.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
PLEASE SEE WWW.NEXTFIFTYINITIATIVE.ORG FOR DETAILS
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

ABOLITIONIST LAW CENTER

PO BOX 8654
PITTSBURGH,PA152210654 		N/A PC GENERAL SUPPORT 75,000

ALZHEIMER'S LOS ANGELES

4221 WILSHIRE BLVD STE 400
LOS ANGELES,CA900103512 		N/A PC GENERAL SUPPORT 55,023

BELL POLICY CENTER

303 E 17TH AVE STE 400
DENVER,CO80203 		N/A PC STRENGTHENING CAREGIVING AND CAREGIVERS FOR OLDER COLORADANS 194,827

BLUE SAGE CENTER FOR THE ARTS

PO BOX 700
PAONIA,CO814280700 		N/A PC REACHING OLDER ADULTS THROUGH THE ARTS 50,000

BOULDER COUNTY AIDS PROJECT

2118 14TH ST
BOULDER,CO803024804 		N/A PC SERVICES FOR OLDER ADULTS WHO ARE LIVING WITH HIV AND AT RISK OF ACQUIRING HIV/HCV 50,000

BOULDER COUNTY ARTS ALLIANCE

3482 BROADWAY
BOULDER,CO80304 		N/A PC DANCE IS LIKE A FINE WINE 7,500

BOULDER FOOD RESCUE

PO BOX 284
BOULDER,CO803060284 		N/A PC NO COST GROCERY PROGRAMS IN OLDER ADULT COMMUNITIES 27,000

BROTHERS REDEVELOPMENT

2250 EATON ST STE B
EDGEWATER,CO802140000 		N/A PC AGING IN PLACE SPANISH PROGRAM 65,000

CATHOLIC CHARITIES OF THE ARCHDIOCESE OF NORTHERN COLORADO

6240 SMITH ROAD
DENVER,CO802164632 		N/A PC CATHOLIC CHARITIES OLDER ADULT SERVICES NORTHERN COLORADO 50,000

CENTER FOR AFRICAN AMERICAN HEALTH

3350 HUDSON ST
DENVER,CO80207 		N/A PC GENERAL SUPPORT 100,000

CENTER FOR INDEPENDENCE

740 GUNNISON AVE
GRAND JUNCTION,CO81501 		N/A PC CFI TRANSPORTS 130,000

CENTER FOR PEOPLE WITH DISABILITIES

1675 RANGE ST
BOULDER,CO803012722 		N/A PC INDEPEDENT LIVING FOR OLDER ADULTS WITH DISABILITIES 69,000

CHARITABLE PHARMACY OF CENTRAL OHIO

200 EAST LIVINGSTON AVE
COLUMBUS,OH43215 		N/A PC MEDICATION, FOOD AND RESOURCES ACCESS FOR UNDERSERVED, LOW-INCOME OLDER ADULTS IN CRISIS 150,000

CHRISTIAN LIVING COMMUNITIES - DAYSPRING VILLA

3777 W 26TH AVE
DENVER,CO80211 		N/A PC DAYSPRING VILLA CALL ALERT SYSTEM & LIFE ENRICHMENT CARTS REQUEST 50,000

CITY OF GUNNISON

CITY OF GUNNISON FINANCE DEPARTMENT
PO BOX 239
GUNNISON,CO81230 		N/A GOV GRAD STUDENT ASSISTANCESHIP 15,390

CIUDAD NUEVA COMMUNITY OUTREACH

810 N CAMPBELL
EL PASO,TX79902 		N/A PC GENERAL SUPPORT 30,000

COAL CREEK MEALS ON WHEELS

455 N BURLINGTON AVE
LAFAYETTE,CO800262514 		N/A PC CCMOW MEAL DELIVERY PROGRAM 25,000

COLORADO CONSUMER HEALTH INITIATIVE

303 E 17TH AVE STE 400
DENVER,CO802031289 		N/A PC MEDICAL BILL ASSISTANCE FOR OLDER ADULTS 125,000

COLORADO FUND FOR PEOPLE WITH DISABILITIES

1355 S COLORADO BLVD NO 920
DENVER,CO80222 		N/A PC CFPD PROVIDES REPRESENTATIVE PAYEE SERVICES TO OLDER ADULTS AND PEOPLE WITH DISABILITIES 50,000

COLORADO LATINO LEADERSHIP ADVOCACY & RESEARCH ORGANIZATION

PO BOX 40450
DENVER,CO80204 		N/A PC CONDUCTING INNOVATIVE COMMUNITY-BASED PARTICIPATORY RESEARCH AMONG OLDER LATINO COLORADAN ADULTS 245,000

COMING HOME CONNECTION

418 CERRILLOS RD STE 27
SANTA FE,NM875012664 		N/A PC "COMING HOME CARE" SUPPORT FOR LOW-INCOME OLDER ADULTS BEING DISCHARGED FROM CHRISTUS HOSPITAL 60,000

COMMUNITY FOUNDATION SERVING SOUTHWEST COLORADO

PO BOX 1673
DURANGO,CO81302 		N/A PC THRIVING IN PLACE IN THE PINE RIVER VALLEY 32,201

CONECTORAS DE MONTBELLO

2250 S ONEIDA ST STE 102
DENVER,CO80224 		N/A PC GENERAL SUPPORT 50,000

CREATIVE AGING NETWORK-NC

2400 SUMMIT AVE
GREENSBORO,NC274051605 		N/A PC ARTS FOR WELLNESS: A HOLISTIC APPROACH TO HEALTHY AGING 75,000

DEMENTIA TOGETHER

1540 MAIN ST STE 218 PO BOX 231
WINDSOR,CO80550 		N/A PC DEMENTIA TOGETHER: EDUCATION, ENRICHMENT, HOPE 25,000

DENTAL AID

877 EAST SOUTH BOULDER RD
LOUISVILLE,CO800271345 		N/A PC DENTAL AID'S OLDER ADULT PATIENT POPULATION: INCREASING PRACTICE CAPACITY FOR EARLY INTERVENTION AND PREVENTION 50,000

DENVER ASSET BUILDING COALITION

2475 W 26TH AVE
DENVER,CO802115501 		N/A PC FREE TAX PREPARATION SERVICES FOR LOW INCOME OLDER ADULTS 20,000

DENVER INNER CITY PARISH

1212 MARIPOSA ST
DENVER,CO802043621 		N/A PC DICP PARISH SENIORS PROGRAM: IMPROVING THE LIVES OF DENVERS OLDER ADULT RESIDENTS 50,000

DESERVING DENTAL

2205 W 136TH AVE
BROOMFIELD,CO80023 		N/A PC GENERAL SUPPORT 55,000

DODGE COUNTY HOSPITAL AUTHORITY

PO BOX 4309
EASTMAN,GA31023 		N/A GOV GEORGIA BLACK BELT CARE MANAGEMENT SERVICES 249,880

DOWNTOWN WOMEN'S CENTER

442 S SAN PEDRO ST
LOS ANGELES,CA900132132 		N/A PC GENERAL SUPPORT 100,000

EL TIMPANO

PO BOX 420442
SAN FRANCISCO,CA94142 		N/A PC GENERAL SUPPORT 100,000

FAX AURORA

P O BOX 31034
AURORA,CO80041 		N/A PC GRANDMOTHERS AS FFN CHILD CARE PROVIDERS 30,000

FLORENCE SENIOR COMMUNITY CENTER

PO BOX 300
FLORENCE,CO812260300 		N/A PC REPAIR FAILING SEWER CONNECTION 18,000

FOUNTAIN VALLEY SENIOR CENTER

5745 SOUTHMOOR DR
FOUNTAIN,CO808172520 		N/A PC VEHICLE REPAIR 22,896

GEENA DAVIS INSTITUTE ON GENDER IN MEDIA

4712 ADMIRALTY WAY
MARINA DEL REY,CA90049 		N/A PC REFRAMING AGE: REDEFINING THE NARRATIVE OF OLDER ADULTS IN MEDIA 30,000

GOLDEN AGE CENTER

728 MAIN ST
CANON CITY,CO812123739 		N/A PC NEW VAN 27,480

GRAND COUNTY RURAL HEALTH NETWORK

PO BOX 95
HOT SULPHUR SPRINGS,CO804510095 		N/A PC OPERATING SUPPORT FOR HEALTH EQUITY SERVICES FOR UNDERSERVED, OLDER ADULTS IN GRAND AND JACKSON COUNTIES 50,000

GRANDMOTHER COLLECTIVE

6 LIBERTY SQUARE
BOSTON,MA19119 		N/A PC GENERAL SUPPORT 19,550

GUNNISON COUNTY HEALTH AND HUMAN SERVICES

220 NORTH PINE ST
GUNNISON,CO81230 		N/A GOV AGING RESOURCE SPECIALIST 22,000

HARLEY'S HOPE FOUNDATION

13455 HIGHLINE DR
COLORADO SPRINGS,CO809088146 		N/A PC OLDER PET PARENT SERVICES 20,000

HELPAGE

1730 M ST NW STE 1000
WASHINGTON,DC20036 		N/A PC GENERAL SUPPORT 100,000

HIGH VALLEY COMMUNITY CENTER

595 GRAND AVE
DEL NORTE,CO811322202 		N/A PC EMERGENCY REFRIGERATION NEEDS 58,806

HISPANIC AFFAIRS PROJECT

PO BOX 2024
MONTROSE,CO814014980 		N/A PC OUTREACH, EDUCATION, AND SERVICES FOR OLDER LATINO-HISPANIC IMMIGRANTS 50,000

HISTORICAL SOCIETY OF OAK CREEK & PHIPPSBURG

PO BOX 1
OAK CREEK,CO804670001 		N/A PC NEW ROOF 30,000

HIV CARE LINK

PO BOX 36223
DENVER,CO802273476 		N/A PC CARE PROGRAM 30,000

HOMAGE SENIOR SERVICES

5026 196TH ST SW
LYNNWOOD,WA98036 		N/A PC GENERAL SUPPORT 30,000

HOMECARE AND HOSPICE OF THE VALLEY

823 GRAND AVE STE 300
GLENWOOD SPRINGS,CO816013403 		N/A PC UNFUNDED HOSPICE CARE 28,000

HOMEWARDBOUND OF THE GRAND VALLEY

562 29 RD
GRAND JUNCTION,CO81504 		N/A PC SUPPORTS FOR OLDER HOMELESS ADULTS 70,000

HORSES MAKE MIRACLES

12271 MINERAL RD
LONGMONT,CO805048403 		N/A PC EQUINE ASSISTED ACTIVITIES AND THERAPIES 10,000

HOSPICE OF MONTEZUMA

PO BOX 740
CORTEZ,CO813210740 		N/A PC BEREAVEMENT CARE OPERATIONS 15,000

HOUSING RESOURCES OF WESTERN COLORADO

524 30 RD STE 3
GRAND JUNCTION,CO81504 		N/A PC INTERGENERATIONAL VILLAGE 100,000

INDEPENDENCE CENTER

4245 FOREST PARK AVE
ST LOUIS,MO631082810 		N/A PC GENERAL SUPPORT 30,000

INTERCULTURAL SENIOR CENTER

5545 CENTER ST
OMAHA,NE681063001 		N/A PC GENERAL SUPPORT 100,000

ITNAMERICA

90 BRIDGE ST STE 210
WESTBROOK,ME040922948 		N/A PC TECHNOLOGY INFRASTRUCTURE FOR AMERICA'S VOLUNTEER DRIVER CENTER PORTAL 250,000

JACKSON COUNTY COUNCIL ON AGING

PO BOX 861
WALDEN,CO804800861 		N/A PC CONNECTOR 30,000

JANNUS INC

1607 W JEFFERSON ST
BOISE,ID83702 		N/A PC COMMUNITY MODEL FOR GROWING MEMORY CAFE PROGRAM NETWORK 60,000

JEWISH FAMILY SERVICE SEATTLE

1601 16TH AVE
SEATTLE,WA98122 		N/A PC GENERAL SUPPORT 100,000

JUSTICE AND MERCY LEGAL AID CENTER

913 NORTH WYANDOT ST
DENVER,CO802043801 		N/A PC THE OLDER ADULT LEGAL PROGRAM 100,000

LA ALIANZA HISPANA INC

1000 MASSACHUSETTS AVE STE 101
BOSTON,MA02118 		N/A PC GENERAL SUPPORT 100,000

LA VETA VILLAGE

PO BOX 143
LA VETA,CO81055 		N/A PC GENERAL OPERATING REQUEST 30,000

LARADON

5100 LINCOLN ST
DENVER,CO802162056 		N/A PC ENHANCING LARADON'S PROGRAM FOR OLDER ADULTS 38,300

LIFEART DANCE

18052 E 104TH PL UNIT D
COMMERCE CITY,CO80022 		N/A PC "CULTURAL EXPERIENCES FOR OLDER ADULTS" EXPANSION 13,100

LONGMONT MEALS ON WHEELS

910 LONGS PEAK AVE
LONGMONT,CO805014457 		N/A PC GENERAL OPERATING 44,000

LOVING BEYOND UNDERSTANDING

1000 N 9TH ST
GRAND JNCTION,CO81501 		N/A PC GENERAL SUPPORT 30,000

LTSC COMMUNITY DEVELOPMENT CORPORATION

231 E THIRD ST
LOS ANGELES,CA90013 		N/A PC GENERAL SUPPORT 75,000

MA KA HANA KA 'IKE

PO BOX 968
HANA,HI96713 		N/A PC GENERAL SUPPORT 30,000

MEALS ON WHEELS OF LOVELAND AND BERTHOUD

437 N GARFIELD AVE
LOVELAND,CO805375535 		N/A PC MEAL DELIVERY 40,000

MIND&MELODY

11301 S DIXIE HWY
MIAMI,FL33256 		N/A PC GENERAL SUPPORT 12,200

MISSION ST LOUIS

3108 N GRAND BLVD
ST LOUIS,MO63107 		N/A PC GENERAL SUPPORT 100,000

MONTESSORI INTERGENERATIONAL LEARNING COMMUNITIES

2600 KEARNEY ST
DENVER,CO802073429 		N/A PC ECSC ADVANCING INNOVATION IN AGING BY INTEGRATING OLDER ADULTS IN TO THE EARLY CHILDHOOD FIELD 50,000

MONTROSE COUNTY SENIOR TRANSPORTATION

PO BOX 1416
MONTROSE,CO814021416 		N/A PC PRE-SCHEDULED RIDES (DIAL-A-RIDE) FOR ADULTS AGE 50+ IN RURAL COLORADO 40,000

MOUNT CARMEL HEALTH WELLNESS AND COMMUNITY CENTER

911 ROBINSON
TRINIDAD,CO81082 		N/A PC GENERAL SUPPORT 25,000

MOUNT EVANS HOME HEALTH CARE & HOSPICE

3081 BERGEN PEAK DR
EVERGREEN,CO804392200 		N/A PC OLDER ADULT SERVICES: IMPROVING QUALITY OF LIFE 50,000

MOUNTAIN FAMILY CENTER

PO BOX 638
GRANBY,CO80446 		N/A PC GRAND SENIOR TRANSPORTATION & WELLNESS SERVICES 15,000

NATIONAL INDIAN COUNCIL ON AGING

ONE EXECUTIVE CENTER 8500 MENAAL
BLVD NE
ALBUQUERQUE,NM87112 		N/A PC GENERAL SUPPORT 78,758

NORTH 40 MOUNTAIN ALLIANCE

PO BOX 123 71 FIREHOUSE LANE
RED FEATHER LAKES,CO805450123 		N/A PC OLDER ADULTS THRIVING IN THE MOUNTAINS 25,000

NORTH FORK SENIOR CONNECTIONS

PO BOX 1738
PAONIA,CO814285074 		N/A PC BUILDING COMMUNITY FOR OLDER ADULTS IN CRAWFORD AND HOTCHKISS 23,000

NORTH FORK VALLEY CREATIVE COALITION

224 GRAND AVE
PAONIA,CO81428 		N/A PC ARTFUL AGING 15,000

NORTHWEST COLORADO CENTER FOR INDEPENDENCE

1855 SHIELD DR UNIT 300
STEAMBOAT SPRINGS,CO80487 		N/A PC INDEPENDENT LIVING SKILLS AND NURSING HOME TRANSITION FOR OLDER ADULTS WITH DISABILITIES IN NORTHWESTERN COLORADO 50,000

OKLAHOMA STATE UNIVERSITY

138 HUMAN SCIENCES
STILLWATER,OK740786112 		N/A GOV IMPROVING WELLNESS ACROSS THE LIFESPAN WITH THE ACTIVE AGING FOR L.I.F.E. HEALTH EDUCATION PROGRAM 81,865

ON LOK DAY SERVICES

1333 BUSH ST
SAN FRANCISCO,CA94109 		N/A PC GENERAL SUPPORT 50,000

ONE IN LONG BEACH

2017 E 4TH ST
LONG BEACH,CA90814 		N/A PC GENERAL SUPPORT 50,000

OUT BOULDER COUNTY

PO BOX 1018
BOULDER,CO80306 		N/A PC GENERAL SUPPORT 7,130

OUTSTANDINGLIFE

22 MORAINE ST
JAMAICA PLAIN,MA02130 		N/A PC OUTSTANDINGLIFE: A VIRTUAL COMMUNITY OF LGBTQ+ OLDER ADULTS 85,000

PARA TI MUJER

150 SHERIDAN BLVD 200
DENVER,CO80226 		N/A PC GENERAL SUPPORT 30,000

PARK COUNTY SENIOR COALITION

PO BOX 309
FAIRPLAY,CO804400309 		N/A PC PARK COUNTY SENIOR COALITION PROGRAM SUPPORT 25,000

PARKINSON ASSOCIATION OF THE ROCKIES

1325 S COLORADO BLVD STE 204B
DENVER,CO802223311 		N/A PC RURAL WELLNESS PROGRAM 30,000

PATHFINDERS

PO BOX 11799
ASPEN,CO816129450 		N/A PC GRIEF, LOSS & ILLNESS SUPPORT 25,000

PROJECT ANGEL HEART

4950 WASHINGTON ST
DENVER,CO802162026 		N/A PC HOME-DELIVERED, MEDICALLY TAILORED MEALS FOR SEVERELY ILL OLDER ADULT COLORADANS. 40,000

PROJECT WORTHMORE

1666 ELMIRA ST
AURORA,CO800102122 		N/A PC COMPREHENSIVE SUPPORT FOR OLDER REFUGEES AND IMMIGRANTS 100,000

PUEBLO COOPERATIVE CARE CENTER

326 WEST 8TH ST
PUEBLO,CO810033005 		N/A PC NUTRITION ON WHEELS (NOW) PROGRAN 50,000

REBUILDING TOGETHER SOUTHERN NEVADA

611 SOUTH NINTH ST
LAS VEGAS,NV89101 		N/A PC GENERAL SUPPORT 25,000

SALIDA SENIOR CENTER

305 F ST
SALIDA,CO812012601 		N/A PC GENERAL SUPPORT 9,320

SECOND CHANCE CENTER

224 POTOMAC ST
AURORA,CO800118740 		N/A PC THE 50+ SECOND CHANCE CENTER PROGRAM 125,000

SENIOR SERVICES SOLUTIONS PLUS

321 N COTTONWOOD AVE
CANON CITY,CO812122508 		N/A PC NEW WATER HEATER 700

SISTER CARMEN COMMUNITY CENTER

655 ASPEN RIDGE DR
LAFAYETTE,CO800269341 		N/A PC BRINGING DIGITAL DIVIDES PROGRAM 50,000

SOUND AFFECTS MUSIC

222 LINDEN ST APT 203
FORT COLLINS,CO805242449 		N/A PC GENERAL OPERATING SUPPORT 30,000

SOUND GENERATIONS

2208 SECOND AVE
SEATTLE,WA98121 		N/A PC GENERAL SUPPORT 75,000

SOUTHERN COLORADO COMMUNITY ACTION AGENCY

535 CANDELARIA DRIVE
IGNACIO,CO811370000 		N/A PC TRANSPORTATION AND MEAL DELIVERIES FOR OLDER AMERICANS IN RURAL IGNACIO, CO 40,000

SOUTHWEST IMPROVEMENT COUNCIL

5045 W 1ST AVE
DENVER,CO802191005 		N/A PC SUSTAINING AND EXPANDING COMMUNITY SERVICES FOR OLDER ADULTS 100,000

SOUTHWESTERN COLORADO AREA HEALTH EDUCATION CENTER

701 CAMINO DEL RIO
DURANGO,CO81301 		N/A PC GENERAL SUPPORT 72,574

SPRING INSTITUTE FOR INTERCULTURAL LEARNING

1373 GRANT ST
DENVER,CO802032307 		N/A PC ENGLISH AND CITIZENSHIP INTEGRATION FOR OLDER ADULTS 90,000

SPRINGS RESCUE MISSION

5 WEST LAS VEGAS ST
COLORADO SPGS,CO809034217 		N/A PC TRANSITIONAL HOUSING AND HOMELESS RECOVERY SERVICES FOR OLDER ADULTS EXPERIENCING HOMELESSNESS 100,000

SW IMPROVEMENT COUNCIL

5045 W 1ST AVE
DENVER,CO802191005 		N/A PC GENERAL SUPPORT 30,000

TANEY COUNTY HEALTH DEPARTMENT

320 RINEHART RD
BRANSON,MO65616 		N/A GOV GENERAL SUPPORT 52,020

TEPEYAC COMMUNITY HEALTH CENTER

4725 HIGH ST
DENVER,CO802162220 		N/A PC GENERAL SUPPORT 100,000

THE COUNSELING AND EDUCATION CENTER

2708 PATTERSON RD
GRAND JUNCTION,CO81506 		N/A PC AFFORDABLE COUNSELING FOR ADULTS 50+ 10,000

THE GAY LESBIAN BISEXUAL & TRANSGENDER COMMUNITY CENTER OF COLORADO

1301 E COLFAX AVE
DENVER,CO802182212 		N/A PC WEST OF 50: SUPPORTING OLDER LGBTQ+ ADULTS 40,000

THE JOSEPH CENTER

2511 BELFORD AVE STE B
GRAND JUNCTION,CO81501 		N/A PC FLEXIBLE SUPPORT 2023 30,000

THE MEMORY CARE ALLIANCE

1541 S ST FRANCIS DR
SANTA FE,NM87505 		N/A PC LIVE WELL WITH DEMENTIA: REGENERATIVE COMMUNITY BUILDING 30,000

THE PIC PLACE

87 MERCHANT DR
MONTROSE,CO814013015 		N/A PC GENERAL SUPPORT 35,000

THE SAVINGS COLLABORATIVE

959 CEDAR CREEK
CARBONDALE,CO816233111 		N/A PC GENERAL SUPPORT 26,000

THINK360 ARTS AND LEARNING

3327 BRIGHTON BOULEVARD
DENVER,CO802165020 		N/A PC THINK 360 ARTS FOR LEARNING CREATIVE AGING: ENHANCING RURAL OLDER ADULT COMMUNITIES THROUGH THE ARTS 50,000

TIGRAY-ETHIOPIAN COMMUNITY ASSOCIATION IN COLORADO

11182 E MISSISSIPPI AVE
AURORA,CO80012 		N/A PC GENERAL SUPPORT 30,000

TOWN OF BRISTOL IMPROVEMENTS BOARD

101 SOUTH LABELLE AVE
BRISTOL,CO810479739 		N/A PC BRISTOL SENIOR-COMMUNITY CENTER PROJECT-INNOVATIVE SUSTAINABLE AND INTERIOR BUILD 75,000

UNIVERSITY OF COLORADO DENVER

GRANTS AND CONTRACTS MAIL STOP F428
AURORA,CO80045 		N/A GOV RESEARCH ROADSHOWS ENGAGE OLDER ADULTS IN RESEARCH TO ADVANCE HEALTH EQUITY 110,448

VALLEY MEALS AND MORE

595 RIVER BEND WAY
GLENWOOD SPRINGS,CO816018671 		N/A PC HOME DELIVERED MEALS FOR OLDER ADULTS IN EASTERN GARFIELD COUNTY 25,000

VISITING ANCILLARY SERVICE

550 E THORNTON PKWY 240-B
THORNTON,CO802292172 		N/A PC IMPROVING THE LIVES OF OLDER ADULTS IN COLORADO THROUGH QUALITY ANCILLARY SERVICES 90,000

VISITING NURSE SERVICES IN WESTCHESTER

1311 MAMARONECK AVE
WHITE PLAINS,NY106055225 		N/A PC HOME CARE MOBILE ROBOT INITIATIVE 60,000

VIVE WELLNESS

1620 EAST 36TH AVE
DENVER,CO80205 		N/A PC ADULTOS MAYORES EN ACCION 100,000

WESLEY-RANKIN COMMUNITY CENTER

3100 CROSSMAN AVE
DALLAS,TX75212 		N/A PC GENERAL SUPPORT 50,000

WEST CUSTER COUNTY LIBRARY DISTRICT

PO BOX 689
WESTCLIFFE,CO81252 		N/A GOV METERNALLY REMINISCENCE KITS 1,000

WESTSIDE CARES

2808 W COLORADO AVE
COLORADO SPRINGS,CO809042444 		N/A PC HOUSING NAVIGATION SUPPORT FOR OLDER ADULTS 30,000

WHOLESOME WAVE

777 CLEVELAND AVE
ATLANTA,GA30315 		N/A PC EXPANDING FRESH, HEALTHY, LOCAL FOOD ACCESS TO OLDER ADULT COMMUNITIES IN GEORGIA 93,162

WILLOWTAIL SPRINGS

PO BOX 89
MANCOS,CO813280089 		N/A PC A CROSS-CULTURAL, CROSS-GENERATIONAL EXPLORATION OF STORYTELLING THOUGH ART, MUSIC, WRITING, AND NATURE 30,000

WOODLAND PARK SENIOR ORGANIZATION

PO BOX 5813
WOODLAND PARK,CO808665813 		N/A PC HANDICAP DOOR OPENERS 3,741

ZION SENIOR CENTER

933 E 24TH AVE
DENVER,CO80205 		N/A PC GENERAL SUPPORT 30,000
Total .................................right arrow 3a 7,169,871
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 13,870  
4 Dividends and interest from securities ....     14 4,692,080  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 4,798,328  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aGRANT RETURN 		        70,597
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 9,504,278 70,597
13Total. Add line 12, columns (b), (d), and (e)..................
13
9,574,875
(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.)
11A GRANTS RETURNED TO NFI
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:
NEXTFIFTY INITIATIVE
EIN:
26-2700185
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 50,350 0   50,350

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

TY 2023 ExpenditureResponsibilityStmt
Name:
NEXTFIFTY INITIATIVE
EIN:
26-2700185
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
CITY OF GUNNISON
  		201 W VIRGINIA AVE
GUNNISON,CO81230 		2023-09-25 15,390 GRAD STUDENT ASSISTANCESHIP   N/A SEMI-ANNUAL REPORTS ISSUED   REPORTS ARE IN COMPLIANCE WITH THE REQUIREMENTS OF EXERCISING EXPENDITURE RESPONSIBILITY.
DODGE COUNTY HOSPITAL AUTHORITY
  		901 GRIFFIN AVE
EASTMAN,GA31023 		2023-11-20 249,880 GEORGIA BLACK BELT CARE MANAGEMENT SERVICES   N/A SEMI-ANNUAL REPORTS ISSUED   REPORTS ARE IN COMPLIANCE WITH THE REQUIREMENTS OF EXERCISING EXPENDITURE RESPONSIBILITY.
GUNNISON COUNTY HEALTH AND HUMAN SERVICES
  		220 N SPRUCE ST
GUNNISON,CO81230 		2023-08-07 22,000 AGING RESOURCE SPECIALIST   N/A SEMI-ANNUAL REPORTS ISSUED   REPORTS ARE IN COMPLIANCE WITH THE REQUIREMENTS OF EXERCISING EXPENDITURE RESPONSIBILITY.
OKLAHOMA STATE UNIVERSITY
  		219 STUDENT UNION
STILLWATER,OK74078 		2023-12-07 81,865 IMPROVING WELLNESS ACROSS THE LIFESPAN WITH THE ACTIVE AGING FOR L.I.F.E. HEALTH EDUCATION PROGRAM   N/A SEMI-ANNUAL REPORTS ISSUED   REPORTS ARE IN COMPLIANCE WITH THE REQUIREMENTS OF EXERCISING EXPENDITURE RESPONSIBILITY.
TANEY COUNTY HEALTH DEPARTMENT
  		320 RINEHART RD
BRANSON,MO65616 		2023-12-04 52,020 GENERAL SUPPORT   N/A SEMI-ANNUAL REPORTS ISSUED   REPORTS ARE IN COMPLIANCE WITH THE REQUIREMENTS OF EXERCISING EXPENDITURE RESPONSIBILITY.
UNIVERSITY OF COLORADO DENVER
  		1201 LARIMER ST
DENVER,CO80204 		2023-10-30 110,448 RESEARCH ROADSHOWS ENGAGE OLDER ADULTS IN RESEARCH TO ADVANCE HEALTH EQUITY   N/A SEMI-ANNUAL REPORTS ISSUED   REPORTS ARE IN COMPLIANCE WITH THE REQUIREMENTS OF EXERCISING EXPENDITURE RESPONSIBILITY.
WEST CUSTER COUNTY LIBRARY DISTRICT
  		209 MAIN ST
WESTCLIFFE,CO81252 		2023-08-07 1,000 METERNALLY REMINISCENCE KITS   N/A SEMI-ANNUAL REPORTS ISSUED   REPORTS ARE IN COMPLIANCE WITH THE REQUIREMENTS OF EXERCISING EXPENDITURE RESPONSIBILITY.

TY 2023 InvestmentsCorpBondsSchedule
Name:
NEXTFIFTY INITIATIVE
EIN:
26-2700185
Name of Bond End of Year Book Value End of Year Fair Market Value
AERCAP IRELAND CAPITAL DESIGNA 3.4% 10/29/2033 USD SR LIEN AERCAP GLOBAL AVI 382,120 382,120
AIR LEASE CORP MTN 2.875% 01/15/2026 USD SR LIEN 405,811 405,811
ALEXANDRIA REAL ESTATE EQUITIE 2.95% 03/15/2034 SR LIEN 229,678 229,678
ALEXANDRIA REAL ESTATE EQUITIE 4.75% 04/15/2035 SR LIEN 220,968 220,968
AMERICAN INTERNATIONAL 5.125% 03/27/2033 SR LIEN 281,327 281,327
AMGEN INC. 5.25% 03/02/2030 SR LIEN 227,139 227,139
APPLE INC. 3.2% 05/11/2027 USD SR LIEN 340,450 340,450
AT&T INC. 4.35% 03/01/2029 USD SER 10YR SR LIEN 446,028 446,028
B.A.T. CAPITAL CORPORATION 4.906% 04/02/2030 USD SR LIEN 240,506 240,506
B.A.T. CAPITAL CORPORATION 4.906% 04/02/2030 USD SR LIEN 234,140 234,140
BANCO SANTANDER, S.A. HYBRID 09/14/2027 USD SR LIEN CPN 09/14/21 1.722% 363,943 363,943
BANK OF AMERICA CORPORATION HYBRID MTN 02/07/2030 USD SER N SR LIEN CPN 02/0 823,695 823,695
BARCLAYS PLC HYBRID 11/24/2027 USD SR LIEN CPN 11/24/21 2.279% 423,006 423,006
BB&T CORPORATION MTN 2.85% 10/26/2024 USD SR LIEN 292,051 292,051
BERKSHIRE HATHAWAY ENERGY COMP 3.25% 04/15/2028 USD SER WI SR LIEN M-W+15.00 237,173 237,173
BOEING COMPANY (THE) 2.196% 02/04/2026 USD SR LIEN 248,086 248,086
BP CAP MARKETS AMERICA 3.543% 04/06/2027 USD SR LIEN 359,139 359,139
BROADCOM INC. 5.0% 04/15/2030 USD SER WI SR LIEN 310,986 310,986
BUNGE LIMITED FINANCE CORP. 2.75% 05/14/2031 USD SR LIEN 394,936 394,936
CHARLES SCHWAB CORPORATION 3112031 630,592 630,592
CITIGROUP INC. HYBRID 07/24/2028 USD SR LIEN CPN 07/24/17 3.668% 577,945 577,945
COMCAST CORPORATION 4.2% 08/15/2034 USD SR LIEN 547,386 547,386
COSTCO WHOLESALE CORP 2.75% 05/18/2024 USD SR LIEN 352,474 352,474
CREDIT SUISSE AG-NEW YORK BRAN 2.95% 04/09/2025 USD SR LIEN 497,653 497,653
CROWN CASTLE INTL CORP 4.3% 02/15/2029 USD SR LIEN 225,295 225,295
CUMMINS INC. 1.5% 09/01/2030 USD SR LIEN 270,606 270,606
CVS HEALTH CORPORATION 4.875% 07/20/2035 USD SR LIEN 235,526 235,526
DIAGEO CAPITAL PLC 3.875% 05/18/2028 USD SR LIEN 470,742 470,742
DOW CHEMICAL CO/THE 4.25% 10/01/2034 USD SR LIEN 462,535 462,535
DUKE ENERGY FLORIDA LLC 3.8% 07/15/2028 USD SR LIEN 338,174 338,174
EATON VANCE GROUP EATON VANCE INCM FD OF BOSTON MUTUAL FUND CLASS I SHARES 10,814,031 10,814,031
ENERGY TRANSFER PARTNERS 4.75% 01/15/2026 USD SR LIEN 309,753 309,753
EOG RESOURCES INC 4.375% 04/15/2030 USD SR LIEN 392,576 392,576
EXELON CORPORATION 4.05% 04/15/2030 USD SR LIEN 428,438 428,438
FEDERAL HOME LOAN BANK SYSTEM 3.0% 09/11/2026 SER 0000 SR LIEN 1,471,150 1,471,150
FEDERATED HIGH YIELD BOND FUND MUTUAL FUND CLASS INST SHARES 10,875,394 10,875,394
FEDEX CORPORATION 4.9% 01/15/2034 USD SR LIEN 427,225 427,225
FOX CORP 3.5% 04/08/2030 USD SR LIEN 217,144 217,144
FRANKLIN RESOURCES INC 1.6% 10/30/2030 SR LIEN 409,738 409,738
HOME DEPOT INC 2.5% 04/15/2027 USD SR LIEN 218,969 218,969
HORMEL FOODS CORP 1.8% 06/11/2030 USD SR LIEN 551,736 551,736
HSBC HOLDINGS PLC HYBRID 06/19/2029 USD SR LIEN CPN 06/19/18 4.583% 369,401 369,401
ING GROEP N.V. HYBRID 03/28/2028 USD SR LIEN CPN 03/28/22 4.017% 219,734 219,734
ING GROEP N.V. HYBRID 04/01/2032 USD SR LIEN CPN 04/01/21 2.727% 369,294 369,294
INTUIT INC 1.65% 07/15/2030 USD SR LIEN 597,646 597,646
JOHNSON & JOHNSON 4.375% 12/05/2033 USD SR LIEN 356,654 356,654
JOHNSON & JOHNSON 4.375% 12/05/2033 USD SR LIEN 436,959 436,959
JPMORGAN CHASE & CO. HYBRID 02/01/2028 USD SR LIEN CPN 02/01/17-01/31/27 3.7 503,322 503,322
JPMORGAN CHASE & CO. HYBRID 03/01/2025 USD SR LIEN CPN 06/01/17-02/29/24 3.2 343,832 343,832
KINDER MORGAN INC 2.0% 02/15/2031 USD SR LIEN 247,842 247,842
LLOYDS BANKING GROUP PLC HYBRID 11/07/2028 USD SR LIEN CPN 11/07/17 3.574% 322,406 322,406
MIZUHO FINANCIAL GROUP, INC. HYBRID 05/25/2031 USD SR LIEN CPN 02/25/20-05/2 416,693 416,693
MIZUHO FINANCIAL GROUP, INC. HYBRID 07/10/2031 USD SR LIEN CPN 07/10/20 2.20 227,846 227,846
NATIONAL RURAL UTILITIES COOPE 3.4% 02/07/2028 486,380 486,380
NORTHERN TRUST CORPORATION HYBRID 05/08/2032 USD JRSUB LIEN CPN 05/08/17 3.3 348,813 348,813
NORTHROP GRUMMAN CORPORATION 2.93% 01/15/2025 SR LIEN 396,288 396,288
NVIDIA CORPORATION 2.85% 04/01/2030 USD SR LIEN 290,305 290,305
ONTARIO (PROVINCE OF) 3.2% 05/16/2024 USD SR LIEN 5,974 5,974
ORACLE SYSTEMS CORP 3.4% 07/04/2028 264,212 264,212
PAYPAL HOLDINGS, INC. 2.85% 10/01/2029 USD SR LIEN 556,445 556,445
PHILIP MORRIS INTERNATIONAL IN 2.75% 02/25/2026 USD SR LIEN 223,632 223,632
PNC BANK NA 4.05% 07/26/2028 USD SER BKNT SUB LIEN 245,452 245,452
PUBLIC STORAGE 3.094% 09/15/2027 USD SR LIEN 495,044 495,044
QUALCOMM INCORPORATED 3.25% 05/20/2027 USD SR LIEN 336,268 336,268
RALPH LAUREN CORP 2.95% 06/15/2030 USD SR LIEN 529,778 529,778
REALTY INCOME CORPORATION 3.0% 01/15/2027 USD SR LIEN 264,939 264,939
ROPER TECHNOLOGIES INC 1.75% 02/15/2031 USD SR LIEN 237,089 237,089
SANTANDER UK GROUP HOLDINGS PL HYBRID 11/03/2028 USD SR LIEN CPN 11/03/17 3. 466,458 466,458
S&P GLOBAL INC. 2.95% 01/22/2027 USD SR LIEN 548,918 548,918
SKYWORKS SOLUTIONS, INC. 3.0% 06/01/2031 USD SR LIEN 213,347 213,347
TARGET CORP 2.5% 04/15/2026 USD SR LIEN 363,063 363,063
THE J. M. SMUCKER COMPANY 4.25% 03/15/2035 USD SER WI SR LIEN 215,128 215,128
TOYOTA MOTOR CORPORATION 0.681% 03/25/2024 SR LIEN 371,556 371,556
TRANSCANADA PIPELINES LIMITED 3.75% 10/16/2023 USD SR LIEN 333,771 333,771
U.S. BANCORP HYBRID 10/21/2033 USD SR LIEN CPN 10/21/22 5.85% 217,118 217,118
UNITEDHEALTH GROUP INCORPORATE 3.85% 06/15/2028 USD SR LIEN 348,099 348,099
VERIZON COMMUNICATIONS INC. 4.4% 11/01/2034 USD SR LIEN 234,096 234,096
VERIZON COMMUNICATIONS, INC. 4.329% 09/21/2028 USD SER WI SR LIEN 227,532 227,532
WESTPAC BANKING CORPORATION HYBRID 02/04/2030 USD SUB LIEN CPN 01/31/20 2.89 546,071 546,071
XILINX, INC. 2.375% 06/01/2030 USD SR LIEN 1,777 1,777

TY 2023 InvestmentsCorpStockSchedule
Name:
NEXTFIFTY INITIATIVE
EIN:
26-2700185
Name of Stock End of Year Book Value End of Year Fair Market Value
ISHARES MSCI EAFE INTERNATIONAL INDEX FUND K SHARES 7,720,055 7,720,055
ISHARES S&P 500 K 97,155,240 97,155,240
MULTI-MANAGER INTERNATIONAL EQUITY FUND I 7,685,560 7,685,560
MULTI-MANAGER US SMALL CAP EQUITY FUND I 18,738,846 18,738,846
STATE STREET EMERGING MARKETS EQUITY INDEX FUND K CLASS 2,516,263 2,516,263

TY 2023 InvestmentsGovtObligationsSch
Name:
NEXTFIFTY INITIATIVE
EIN:
26-2700185
US Government Securities - End of Year Book Value:

15,240,391
US Government Securities - End of Year Fair Market Value:

15,240,391
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 InvestmentsOtherSchedule2
Name:
NEXTFIFTY INITIATIVE
EIN:
26-2700185
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
E&F PRIVATE EQUITY MANAGERS (2023) OFFSHORE LP FMV 4,677 4,677
PETERSHILL IV OFFSHORE FMV 319,456 319,456
PRIVATE CREDIT MANAGERS II OFFSHORE LP FMV 4,545,743 4,545,743
PRIVATE CREDIT MANAGERS III OFFSHORE LP FMV 7,879,274 7,879,274
PRIVATE CREDIT MANAGERS IV OFFSHORE LP FMV 2,695,898 2,695,898
PRIVATE EQUITY MANAGERS (2018) OFFSHORE SCSP FMV 4,606,876 4,606,876
PRIVATE EQUITY MANAGERS (2019) OFFSHORE SCSP FMV 4,478,962 4,478,962
PRIVATE EQUITY MANAGERS (2020) OFFSHORE SCSP FMV 3,145,660 3,145,660
PRIVATE EQUITY MANAGERS (2021) OFFSHORE SCSP FMV 3,128,203 3,128,203
PRIVATE TECHNOLOGY OPPORTUNITIES FMV 927,682 927,682
VINTAGE VII OFFSHORE SCSP FMV 8,420,576 8,420,576
MRI - AGE 1 FUND FMV 306,905 306,905
MRI - 1843 CAPITAL FMV 688,764 688,764

TY 2023 LandEtcSchedule2
Name:
NEXTFIFTY INITIATIVE
EIN:
26-2700185
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
FURNITURE & EQUIPMENT 170,358 55,595 114,763 114,764
LEASEHOLD IMPROVEMENTS 31,140 6,370 24,770 24,769
WEBSITE 35,549 0 35,549 35,549


TY 2023 LegalFeesSchedule
Name:
NEXTFIFTY INITIATIVE
EIN:
26-2700185
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 51,943 0   50,744


TY 2023 OtherAssetsSchedule
Name:
NEXTFIFTY INITIATIVE
EIN:
26-2700185
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
OTHER ASSETS 16,955 16,955 16,955
RIGHT OF USE ASSET 982,509 807,500 807,500


TY 2023 OtherExpensesSchedule
Name:
NEXTFIFTY INITIATIVE
EIN:
26-2700185
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 31,543 0   31,543
ADVERTISING 56,276 0   8,200
IT EXPENSE 67,824 0   67,824
OFFICE EXPENSE 16,962 0   14,302
DUES & SUBSCRIPTIONS 25,066 0   0
BANK FEES 2,314 2,314   0
LICENSES 30 0   30
PAYROLL PROCESSING FEE 5,549 0   5,549
RECRUITING AND PROFESSIONAL DEVELOPMENT 26,189 0   2,698
REPAIRS AND MAINTENANCE 0 0   3,652
EQUIPMENT 0 0   6,151


TY 2023 OtherIncomeSchedule2
Name:
NEXTFIFTY INITIATIVE
EIN:
26-2700185
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
GRANT RETURN 70,597   70,597


TY 2023 OtherIncreasesSchedule
Name:
NEXTFIFTY INITIATIVE
EIN:
26-2700185
Description Amount
UNREALIZED GAIN 25,155,510


TY 2023 OtherLiabilitiesSchedule
Name:
NEXTFIFTY INITIATIVE
EIN:
26-2700185
Description Beginning of Year - Book Value End of Year - Book Value
ACCRUED PTO 135,510 107,611
OPERATING LEASE LIABILITY 969,710 805,352


TY 2023 OtherProfessionalFeesSchedule
Name:
NEXTFIFTY INITIATIVE
EIN:
26-2700185
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
IT EXPENSE 24,230 0   24,230
CONSULTING 531,102 0   577,716
INVESTMENT FEES 854,071 854,071   0


TY 2023 TaxesSchedule
Name:
NEXTFIFTY INITIATIVE
EIN:
26-2700185
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INCOME & EXCISE TAXES 130,000 0   0
PROPERTY TAX 77 0   77