TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go 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
LARRK Foundation

Number and street (or P.O. box number if mail is not delivered to street address)707 17th St 4200
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Denver, CO80202

A Employer identification number

26-3818473

B Telephone number (see instructions)

(303) 884-0908

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$13,963,485J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	779,455		779,455
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		64,525
b	Gross sales price for all assets on line 6a 21,176,353
7	Capital gain net income (from Part IV, line 2)...			64,525
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).......	List of Attached Documents: // Content	334,197	334,197
12	Total. Add lines 1 through 11........	1,178,177		1,178,177
13	Compensation of officers, directors, trustees, etc.	142,162		11,373
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......	33,592		3,824
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	51,465
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	30,794	6,744
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	871
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	90,678	76,416
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	349,562		98,357	0
25	Contributions, gifts, grants paid.......	528,993			929,675
26	Total expenses and disbursements. Add lines 24 and 25	878,555		98,357	929,675
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	299,622
b	Net investment income (if negative, enter -0-)			1,079,820
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	37,381	36,218	36,218
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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).......	3,634,786	3,691,064	3,691,064
	c	Investments—corporate bonds (attach schedule).......	9,398,438	9,460,794	9,460,794
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	783,978	771,967	771,967
	14	Land, buildings, and equipment: basis 29,320
		Less: accumulated depreciation (attach schedule) 29,320
	15	Other assets (describe )	List of Attached Documents: // Content 3,442	List of Attached Documents: // Content 3,442	List of Attached Documents: // Content 3,442
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	13,858,025	13,963,485	13,963,485
	17	Accounts payable and accrued expenses..........	3,924	8,347
	18	Grants payable.................	2,953,750	2,554,433
	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 )
	23	Total liabilities (add lines 17 through 22).........	2,957,674	2,562,780
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	10,900,351	11,400,705
	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).....	10,900,351	11,400,705
	30	Total liabilities and net assets/fund balances (see instructions).	13,858,025	13,963,485

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

10,900,351

Enter amount from Part I, line 27a .....................

299,622

Other increases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

200,734

Add lines 1, 2, and 3 ..........................

11,400,707

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

11,400,705

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	2778 2778 JPMORGAN EQUITY PREMIUM INCO	P	2022-02-01	2023-01-18
b	150 150 JPMORGAN EQUITY PREMIUM INCO	P	2022-06-27	2023-01-18
c	100 100 JPMORGAN EQUITY PREMIUM INCO	P	2022-08-10	2023-01-18
d	50 50 JPMORGAN EQUITY PREMIUM INCO	P	2022-10-06	2023-01-18
e	200 200 JPMORGAN EQUITY PREMIUM INCO	P	2022-10-27	2023-01-18
	500 500 JPMORGAN EQUITY PREMIUM INCO	P	2022-10-27	2023-01-18
	500 500 JPMORGAN EQUITY PREMIUM INCO	P	2022-10-28	2023-01-18
	75 75 JPMORGAN EQUITY PREMIUM INCO	P	2022-12-06	2023-01-18
	67 67 JPMORGAN EQUITY PREMIUM INCO	P	2023-01-04	2023-01-18
	8181 8181 UNIT FTP S&P DIV AR TGT25	P	2022-03-30	2023-02-13
	306 306 UNIT FTP S&P DIV AR TGT25	P	2022-04-06	2023-02-13
	3150 3150 UNIT FTP S&P DIV AR TGT25	P	2023-02-13	2023-05-03
	500.151 500.151 FIDELITY 500 INDEX FUND	P	2018-02-20	2023-01-18
	150 150 JPMORGAN EQUITY PREMIUM INCO	P	2022-11-16	2023-01-18
	250000 250000 CAPITAL ONE FINL CORP SR NT	P	2023-11-27	2023-12-06
	175000 175000 EVERSOURCE ENERGY SR NT SER N	P	2023-06-08	2023-12-01
	325000 325000 FIFTH THIRD BANCORP SR NT	P	2023-02-16	2023-05-05
	125000 125000 JPMORGAN CHASE & CO FXD TO FRN	P	2023-06-12	2023-12-05
	375000 375000 NORTHERN STS PWR CO MINN	P	2023-01-26	2023-05-15
	225000 225000 SANTA CRUZ CALIF MET TRAN DIST	P	2023-06-05	2023-08-01
	250000 250000 VOLKSWAGEN GROUP AMER FIN	P	2023-03-01	2023-11-22
	200000 200000 ANGLESEA FDG PLC	P	2023-11-29	2023-12-08
	293000 293000 CONCORD MINUTEMEN CA P CO LLC	P	2023-05-05	2023-06-28
	300000 300000 ROYAL BK CDA N Y BRH INSTL	P	2022-08-05	2023-08-04
	250000 250000 ROYAL BANK OF CANADA ISIN	P	2022-08-01	2023-01-17
	130000 130000 COMERICA INC PERPETUAL	P	2020-05-22	2023-05-02
	402 402 ISHARES CORE MSCI EMERGING	P	2022-04-01	2023-03-31
	225 225 ISHARES RUSSELL 100 GRW ETF	P	2022-12-20	2023-03-31
	1007 1007 ISHARES CORE MSCI EAFE ETF	P	2017-07-07	2023-01-19
	2231 2231 ISHARES CORE MSCI EAFE ETF	P	2017-07-07	2023-03-31
	70 70 ISHARES CORE MSCI EMERGING	P	2015-04-17	2023-03-31
	12 12 ISHARES CORE MSCI EMERGING	P	2019-04-05	2023-03-31
	261 261 ISHARES CORE MSCI EMERGING	P	2021-12-20	2023-03-31
	171 171 ISHARES INC MSCI JAPAN ETF	P	2021-04-09	2023-01-19
	56 56 ISHARES INC MSCI JAPAN ETF	P	2021-04-09	2023-03-31
	165 165 ISHARES RUSSELL 100- VALUE ETF	P	2015-04-17	2023-01-19
	185 185 ISHARES RUSSELL 100- VALUE ETF	P	2015-04-17	2023-03-31
	553 553 VANGUARD TOTAL BOND MARKET	P	2021-04-09	2023-01-19
	118 118 ISHARES RUSSELL 1000 GRW ETF	P	2011-01-14	2023-03-31
	350000 Alimentation Couche Tard	P	2023-01-06	2023-01-27
	300000 Alimentation Couche - Tard Inc	P	2023-02-14	2023-03-14
	140000 Armada Fdg Co LLC	P	2023-10-30	2023-11-21
	300000 Barclays Bk PLC	P	2022-07-19	2023-06-15
	400000 Bedford Row FDG Corp	P	2022-09-15	2023-03-13
	400000 Bedford Row FDG Corp	P	2022-11-18	2023-03-13
	500000 Berkshire Hathaway	P	2023-04-14	2023-05-12
	225000 Brookfield Infrastructure Hldgs	P	2023-06-13	2023-07-11
	245000 Brookfield Infrastructure Hldgs	P	2023-07-11	2023-08-01
	325000 Brookfield Renewable Partners	P	2023-01-23	2023-02-21
	335000 Bunge Ltd Fin Corp Disc	P	2023-07-14	2023-07-17
	215000 Canadian Natl Ry Co Disc	P	2023-09-26	2023-10-17
	100000 Canadian Pac Ry Disc	P	2023-07-31	2023-08-14
	250000 Canadian Tire Corp	P	2023-12-13	2023-12-14
	250000 DTE Energy Co Disc	P	2023-12-07	2023-12-15
	100000 DTE Energy Co Disc	P	2023-12-07	2023-12-21
	375000 DCAT LLC Disc	P	2023-04-25	2023-05-23
	350000 Dentsply Sirona Inc	P	2023-04-17	2023-05-16
	125000 Dentsply Sirona Inc	P	2023-08-03	2023-08-24
	400000 Dollarama Inc	P	2022-12-07	2023-01-06
	250000 Dover Corp Disc	P	2023-01-12	2023-01-23
	800000 Federal Home Ln Bk	P	2023-08-23	2023-08-24
	620000 Federal Home Ln Bk	P	2023-08-24	2023-08-25
	175000 Fidelity Natl Information Svcs	P	2022-12-30	2023-01-25
	375000 Fidelity Natl Information Svcs	P	2023-02-27	2023-03-28
	250000 Glencove Fdg Dac/LLC	P	2023-05-12	2023-08-21
	200000 Humana Inc Disc Coml Paper	P	2023-09-20	2023-09-26
	150000 Humana Inc Disc Coml Paper	P	2023-11-21	2023-11-28
	275000 Hyundai Capital America	P	2023-06-20	2023-06-21
	180000 Ingredion Inc Disc	P	2023-09-13	2023-09-20
	225000 Magna Intl Inc	P	2023-12-15	2023-12-27
	400000 Mountcliff Fdg LLC	P	2022-12-30	2023-02-14
	500000 Narragansett Elec	P	2023-08-18	2023-08-21
	250000 Nexterra Energy Cap Hldgs	P	2023-05-12	2023-06-07
	225000 Nexterra Energy Cap Hldgs	P	2023-10-16	2023-10-27
	200000 Nextera Energy Cap Hldgs	P	2023-12-07	2023-12-20
	175000 Northern Ill Gas Corp	P	2023-12-01	2023-12-07
	150000 OGF Energy Corp Disc	P	2023-06-02	2023-06-16
	300000 Oglethorpe PWR Corp	P	2022-12-19	2023-01-12
	125000 Oglethorpe PWR Corp	P	2023-05-03	2023-06-02
	400000 One Gas Inc	P	2023-02-01	2023-03-02
	200000 One Gas Inc	P	2023-12-08	2023-12-29
	250000 Podium FDG TR	P	2023-05-23	2023-11-13
	125000 Podium FDG TR	P	2023-05-23	2023-11-27
	500000 Public Svc Co	P	2023-03-16	2023-04-14
	350000 Pure Grove FDG SR1	P	2022-09-15	2023-02-27
	400000 Pure Grove FDG SR1	P	2023-03-09	2023-12-04
	425000 Realty Income Corp	P	2023-05-15	2023-05-16
	350000 Realty Income Corp	P	2023-05-16	2023-06-13
	250000 Realty Income Corp	P	2023-12-14	2023-12-15
	375000 Rogers Communications	P	2023-03-27	2023-04-25
	150000 RTX Corp Disc Coml	P	2023-08-24	2023-09-13
	175000 Sony Cap Corp Disc	P	2023-11-15	2023-11-29
	325000 Stanley Wks Disc	P	2023-03-17	2023-04-17
	330000 Suncor Energy Inc	P	2023-06-28	2023-07-13
	250000 Thomson Retuers Corp Disc	P	2023-11-21	2023-12-13
	400000 Thunder Bay Fdg LLC	P	2022-10-05	2023-02-02
	425000 Tri-State Generation & Transmission	P	2023-05-16	2023-06-08
	325000 Western Un Co Disc C OML Paper	P	2023-07-17	2023-07-18

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	151,884	168,253	-16,369
b	8,201	8,633	-432
c	5,467	5,884	-417
d	2,734	2,704	30
e	10,935	10,900	35
	27,337	27,329	8
	27,337	27,391	-54
	4,101	4,778	-677
	3,663	4,211	-548
	75,132	81,067	-5,935
	2,810	2,980	-170
	30,378	32,311	-1,933
	68,169	47,609	20,560
	8,201	9,471	-1,270
	250,000	249,743	257
	175,000	173,434	1,566
	325,000	322,634	2,366
	125,000	123,914	1,086
	375,000	372,443	2,557
	225,000	223,603	1,397
	250,000	241,655	8,345
	200,000	200,000
	293,000	292,983	17
	300,000	300,000
	250,000	249,775	225
	108,713	128,700	-19,987
	19,654	22,741	-3,087
	54,455	48,490	5,965
	66,513	60,772	5,741
	149,286	134,640	14,646
	3,422	3,593	-171
	587	638	-51
	12,760	15,127	-2,367
	9,790	11,888	-2,098
	3,273	3,893	-620
	25,436	17,188	8,248
	27,983	19,271	8,712
	41,143	47,004	-5,861
	28,559	6,908	21,651
	349,036	349,036
	298,859	298,859
	139,534	139,534
	298,775	288,537	10,238
	391,647	391,647
	394,164	394,164
	498,017	498,017
	223,971	223,971
	244,164	244,164
	323,678	323,678
	334,852	334,852
	214,319	214,319
	99,787	99,787
	249,962	249,962
	249,773	249,465	308
	99,786	99,786
	373,527	373,527
	348,506	348,506
	124,593	124,593
	398,437	398,437
	249,655	249,655
	799,884	799,884
	619,910	619,910
	174,400	174,400
	373,490	373,490
	248,885	245,096	3,789
	199,819	199,819
	149,840	149,840
	274,960	274,960
	179,809	179,809
	224,588	224,588
	397,669	397,669
	499,776	499,776
	249,043	249,043
	224,656	224,656
	199,599	199,599
	174,843	174,843
	149,685	149,685
	299,030	299,030
	124,451	124,451
	398,491	398,491
	199,350	199,350
	249,470	242,950	6,520
	121,475	121,475
	497,822	497,822
	343,343	343,343
	383,804	383,804
	424,938	424,938
	348,516	348,516
	249,962	249,962
	373,338	373,338
	149,544	149,544
	174,622	174,622
	323,433	323,433
	329,401	328,601	800
	249,194	249,194
	394,645	394,645
	424,750	423,245	1,505
	324,953	324,953

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			-16,369
b			-432
c			-417
d			30
e			35
			8
			-54
			-677
			-548
			-5,935
			-170
			-1,933
			20,560
			-1,270
			257
			1,566
			2,366
			1,086
			2,557
			1,397
			8,345

			17

			225
			-19,987
			-3,087
			5,965
			5,741
			14,646
			-171
			-51
			-2,367
			-2,098
			-620
			8,248
			8,712
			-5,861
			21,651



			10,238










			308










			3,789
















			6,520











			800


			1,505

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	64,525
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 ...................		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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	15,009
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	15,009
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	15,009
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	12,491
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ..........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	12,491
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	207
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	2,725
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax0	Refunded	11

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

www.larrk.org

The books are in care of right arrow

Ondrish & Associates PC Telephone no. right arrow

(303) 298-7262

Located at right arrow

1660 Lincoln St Suite 2200DenverCO ZIP+4 right arrow

80264

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

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2023)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
Robert Jornayvaz III	President 1.00	0
707 17th Street Suite 4200 Denver,CO80202	President 1.00	0
Louisa Craft Jornayvaz	Secretary 1.00	0
707 17th Street Suite 4200 Denver,CO80202	Secretary 1.00	0
Wendell Fleming	Executive Dir. 40.00	142,162	32,357
707 17th Street Suite 4200 Denver,CO80202	Executive Dir. 40.00	142,162	32,357

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...................

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


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2023)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

13,577,734

Average of monthly cash balances.......................

236,536

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

13,814,270

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

13,814,270

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

207,214

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

13,607,056

Minimum investment return. Enter 5% (0.05) of line 5................

680,353

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.)

Minimum investment return from Part IX, line 6..................

680,353

Tax on investment income for 2022 from Part V, line 5.......

15,009

Income tax for 2022. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

15,009

Distributable amount before adjustments. Subtract line 2c from line 1............

665,344

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

665,344

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

665,344

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

929,675

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

929,675

Form 990-PF (2023)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2023
1 Distributable amount for 2023 from Part X, line 7			665,344
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......
b Total for prior years:20 , 20, 20
3 Excess distributions carryover, if any, to 2022:
a From 2018......	163,524
b From 2019......	189,484
c From 2020......	1,078,175
d From 2021......	106,532
e From 2022......	286,871
f Total of lines 3a through e ........		1,824,586
4Qualifying distributions for 2023 from Part
XI, line 4: $ 929,675
a Applied to 2022, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2023 distributable amount.....			665,344
e Remaining amount distributed out of corpus		264,331
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		2,088,917
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 ..........			0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...		163,524
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		1,925,393
10 Analysis of line 9:
a Excess from 2019....	189,484
b Excess from 2020....	1,078,175
c Excess from 2021....	106,532
d Excess from 2022....	286,871
e Excess from 2023....	264,331

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 4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

Wendell Fleming
707 17th Street Suite 4200
Denver,CO80202

bThe form in which applications should be submitted and information and materials they should include:

No unsolicited grant applications will be accepted

cAny submission deadlines:

No submission deadlines

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

No restrictions or limitations on awards

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
Chalkbeat Colordo 2900 Welton St Denver,CO80205		PC	General Support	250
Mile High Early Learning 1799 Pennsylvania St Denver,CO80203		PC	General Support	10,000
University of Denver Graduate Schoo 2450 Vine St Denver,CO80208		PC	General Support	100,000
Clery Center 85 Old Eagle School Road Ste 103 Stafford,PA19087		PC	General Support	15,000
Cottonwood Institute PO Box 7067 Denver,CO80207		PC	General Support	15,000
Daraja Education Fund PO Box 4333 San Rafael,CA94913		PC	General Support	25,000
Friendship Bridge 405 Urban St 140 Lakewood,CO80228		PC	General Support	2,500
Girls Athletic Leadership School of 750 Galapago St Denver,CO80204		PC	General Support	10,000
Highline Canal Conservancy 4010 Orchard Rd Centennial,CO80121		PC	General Support	50,000
Invest in Kids 1775 Sherman St 2075 Denver,CO80203		PC	General Support	15,000
Junior Achievement - Rocky Mountain 6500 Greenwood Plaza Blvd Greenwood Village,CO80111		PC	General Support	10,000
Lifespan Local 4407 Morrison Rd Denver,CO80219		PC	General Support	50,000
Shout Inc 1001 Pontiac St Denver,CO80220		PC	General Support	5,000
Warren Village 1323 Gilpin St Denver,CO80218		PC	General Support	25,000
Youth on Record 1301 W 10th Ave Denver,CO80204		PC	General Support	10,000
Kent Denver School 4000 E Quincy Ave Cherry Hills Village,CO80113		PC	General Support	150,000
Montview Church 1980 Dahlia St Denver,CO80220		PC	General Support	200,000
Work to Ride 98 Chamounix Dr Philadelphia,PA19131		PC	General Support	50,000
Colorado Association of Funders 5855 Wadsworth Bypass Unit A Arvada,CO80003		PC	General Support	2,365
Bluff Lake Nature Center 4760 Oakland St Suite 200 Denver,CO80239		PC	General Support	25,000
Central City Opera 400 S Colorado Blvd 530 Denver,CO80246		PC	General Support	10,000
Colorado Associate of Black Profess PO Box 200508 Denver,CO80220		PC	General Support	7,500
Denver Health Foundation 777 Bannock Street MC 0111 Denver,CO80204		PC	General Support	12,500
Family Legacy Missions Internationa 5005 W Royal Ln Ste 252 Irving,TX75063		PC	General Support	1,560
Fully Liberated Youth 1312 17th St 140 Denver,CO80202		PC	General Support	5,000
Highline Academy Charter Schools 2170 S Dahlia Street Denver,CO80222		PC	General Support	7,500
Kids First Health Care 7190 Colorado Blvd Ste 450 Commerce City,CO80022		PC	General Support	10,000
Lighthouse Writers Workshop 3833 Steele Street 1438 Denver,CO80205		PC	General Support	3,000
Mackintosh Academy 7018 S Prince St Littleton,CO80120		PC	General Support	12,500
Mullen High School 3601 South Lowell Blvd Denver,CO80236		PC	General Support	15,000
Musical Mentor Collaborative 1178 Broadway 3rd Floor 1549 New York,NY10001		PC	General Support	5,000
REAL Academy of Art Colorado 2055 S Oneida St Ste 150 Denver,CO80224		PC	General Support	5,000
St Vrain Valley Schools Innovation 33 Qual Rd Longmont,CO80501		PC	General Support	25,000
SustainED Unit 13 Freeland Park Wareham Rd Lytchett Matravers,EnglandBH16 6FA UK		PC	General Support	7,500
Taronga Conservation Society Austra Bradleys Head Road Mosmal,New South Wales2088 AS		PC	General Support	10,000
Urban Peak 2100 Stout Street Denver,CO80205		PC	General Support	10,000
Valley Hope Foundation PO Box 510 Norton,KS67654		PC	General Support	7,500
World Central Kitchen 200 Massachusetts Ave 7th FL Washington,DC20001		PC	General Support	5,000
Total ................................. 3a				929,675

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	779,455
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....			18	334,197
8 Gain or (loss) from sales of assets other than inventory ............					64,525
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) ..				1,113,652	64,525

13Total. Add line 12, columns (b), (d), and (e)..................

1,178,177

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2023)

Additional Data

Software ID:	23017517
Software Version:	2023v5.1

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2023 AccountingFeesSchedule

Name:

LARRK Foundation

EIN:

26-3818473

Software ID:

23017517

Software Version:

2023v5.1

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Accounting Fees	51,465	0	0	0

- TIN:

TY 2023 LandEtcSchedule2

Name:

LARRK Foundation

EIN:

26-3818473

Software ID:

23017517

Software Version:

2023v5.1

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
Furniture and Fixtures	20,791	20,791
Machinery and Equipment	8,529	8,529

- TIN:

TY 2023 OtherAssetsSchedule

Name:

LARRK Foundation

EIN:

26-3818473

Software ID:

23017517

Software Version:

2023v5.1

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
Artwork	3,442	3,442	3,442

- TIN:

TY 2023 OtherDecreasesSchedule

Name:

LARRK Foundation

EIN:

26-3818473

Software ID:

23017517

Software Version:

2023v5.1

Description	Amount
rounding	2

- TIN:

TY 2023 OtherExpensesSchedule

Name:

LARRK Foundation

EIN:

26-3818473

Software ID:

23017517

Software Version:

2023v5.1

Description	Revenue and Expenses per Books	Net Investment Income
Bank Charges	887
Commissions & Investments Fees	76,416	76,416
Contract Services	2,110
Insurance	3,713
Membership Dues	715
Office/G&A Expenses	5,484
Telephone	853
Website	500

- TIN:

TY 2023 OtherIncomeSchedule2

Name:

LARRK Foundation

EIN:

26-3818473

Software ID:

23017517

Software Version:

2023v5.1

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
Other Investment Income	334,197	334,197

- TIN:

TY 2023 TaxesSchedule

Name:

LARRK Foundation

EIN:

26-3818473

Software ID:

23017517

Software Version:

2023v5.1

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Taxes	30,794	6,744