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
STURM FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)3033 EAST FIRST AVENUE SUITE 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DENVER, CO80206
A Employer identification number

84-1483429
B Telephone number (see instructions)

(303) 394-5005
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$133,963,879J 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) 5,113,800
2 Check right arrow.............
3 Interest on savings and temporary cash investments 19,729 19,729  
4 Dividends and interest from securities... 881,133 881,133  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -280,617
b Gross sales price for all assets on line 6a 11,727,986
7 Capital gain net income (from Part IV, line 2)... 0
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
173,481 173,481  
12 Total. Add lines 1 through 11........ 5,907,526 1,074,343  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
11,236 10,674   562
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
146,499 140,084   6,414
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,071,845 788,449   283,396
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
703,053 701,602   1,451
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,932,633 1,640,809   291,823
25 Contributions, gifts, grants paid....... 7,843,788 7,843,788
26 Total expenses and disbursements. Add lines 24 and 25 9,776,421 1,640,809   8,135,611
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,868,895
b Net investment income (if negative, enter -0-) 0
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............. 1,864,434 843,874 843,874
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 100,478,005 Click to see attachment
List of Attached Documents:
// Content
109,126,659 		133,120,005
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 102,342,439 109,970,533 133,963,879
Liabilities 17 Accounts payable and accrued expenses.......... 113,116 334,436
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 113,116 334,436
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 14,543,376 14,543,376
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 87,685,947 95,092,721
29 Total net assets or fund balances (see instructions)..... 102,229,323 109,636,097
30 Total liabilities and net assets/fund balances (see instructions). 102,342,439 109,970,533
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
102,229,323
2
Enter amount from Part I, line 27a .....................
2
-3,868,895
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
11,275,669
4
Add lines 1, 2, and 3 ..........................
4
109,636,097
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
109,636,097
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 ARROWMARK ACQUISITION VEHICLE SPC BANK LOAN SEGREGATED PORTFOLIO-SERIES H P    
b BLACKSTONE REAL ESTATE PARTNERS VIII.TE.1 L.P. P    
c BLACKSTONE REAL ESTATE PARTNERS VIII.TE.1-NQ L.P. P    
d ICONIQ STRATEGIC PARTNERS III-B P    
e ICONIQ STRATEGIC PARTNERS IV-B P    
ICONIQ STRATEGIC PARTNERS V-B, LP P    
ICQ CPE 2018 B P    
JANUS HENDERSON BIOTECH INNOVATION FUND LLC P    
LEGACY CAPITAL III P    
TPG PARTNERS VII, LP P    
TPG PARTNERS VII-AIV I, LP P    
VINE VENTURES II-B, LP P    
FIDELITY #4792 P    
FIDELITY #4792 P    
FIDELITY #4792 P    
FIDELITY #5044 P    
FIDELITY #5044 P    
JP MORGAN #5000 P    
FIDELITY #5044 P    
DISTRIBUTION IN EXCESS OF BASIS FROM GS-PRIVATE EQUITY CO-INV PARTNERS P    
DISTRIBUTION IN EXCESS OF BASIS FROM BXC CSF III CLN FINANCE P    
LOSS ON DISPOSAL OF INVESTMENT IN KABOUTER INTERNATIONAL INSIGHT P    
LOSS ON DISPOSAL OF INVESTMENT IN GSO CAPITAL SOLUTIONS FUND I AKA GSO PRIVA P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 50,534     50,534
b     9,171 -9,171
c 9,895     9,895
d 15,319     15,319
e 3,660     3,660
    62,893 -62,893
81,850     81,850
1,196,322     1,196,322
1,516     1,516
    60,171 -60,171
    1,025 -1,025
224     224
1,776,166   1,588,639 187,527
2,549,885   2,479,506 70,379
    6,816 -6,816
1,862,519   1,928,663 -66,144
2,860,053   2,863,048 -2,995
1,218,727   1,027,430 191,297
5,149     5,149
95,834     95,834
333     333
    264,071 -264,071
    1,717,170 -1,717,170
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       50,534
b       -9,171
c       9,895
d       15,319
e       3,660
      -62,893
      81,850
      1,196,322
      1,516
      -60,171
      -1,025
      224
      187,527
      70,379
      -6,816
      -66,144
      -2,995
      191,297
      5,149
      95,834
      333
      -264,071
      -1,717,170
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 -280,617
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 0
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 0
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 0
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 255,360
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 255,360
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 10 255,360
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow255,360 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 arrowN/A
14
The books are in care ofright arrowEMILY STURM EHRENS Telephone no.right arrow (303) 394-5005

Located atright arrow3033 EAST 1ST AVENUE SUITE 300DENVERCO ZIP+4right arrow80206
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
DONALD L STURM CHAIRMAN
1.00 		0 0 0
3033 EAST FIRST AVENUE SUITE 300
DENVER,CO80206
SUSAN M STURM VICE CHAIRMAN
1.00 		0 0 0
3033 EAST FIRST AVENUE SUITE 300
DENVER,CO80206
STEPHEN F STURM VICE PRESIDENT AND TREASURER
15.00 		0 0 0
3033 EAST FIRST AVENUE SUITE 300
DENVER,CO80206
EMILY STURM EHRENS PRESIDENT AND CEO
30.00 		0 0 0
3033 EAST FIRST AVENUE SUITE 300
DENVER,CO80206
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
27,570,038
b
Average of monthly cash balances.......................
1b
2,253,176
c
Fair market value of all other assets (see instructions)................
1c
104,611,416
d
Total (add lines 1a, b, and c).........................
1d
134,434,630
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
134,434,630
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,016,519
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
132,418,111
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
6,620,906
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
6,620,906
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
 
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
0
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,620,906
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
6,620,906
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
6,620,906
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
8,135,611
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
8,135,611
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 6,620,906
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 5,689,445
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$ 8,135,611
a Applied to 2022, but not more than line 2a 5,689,445
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..... 2,446,166
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 .......... 		4,174,740
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).)
DONALD L STURM
SUSAN M STURM
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AMERICAN ENTERPRISE INSTITUTE (AEI)V

1789 MASSACHUSETTS AVENUE
NORTH WEST,WA20036 		NONE PC FURTHER TAX EXEMPT PURPOSE 50,000

ARAPAHOE COMMUNITY COLLEGE FOUNDATION (ACCF)

ACC - JF SATO BUILDING
LITTLETON,CO80160 		NONE PC FURTHER TAX EXEMPT PURPOSE 170,834

ARAPAHOE COMMUNITY COLLEGE FOUNDATION (ACCF)

ACC - JF SATO BUILDING
LITTLETON,CO80160 		NONE PC FURTHER TAX EXEMPT PURPOSE 170,834

AURORA PUBLIC SCHOOLS FOUNDATION (AURORA)

15701 E 1ST AVE 206
AURORA,CO80011 		NONE PC FURTHER TAX EXEMPT PURPOSE 125,000

CHILDREN'S MUSEUM OF DENVER (CHILDREN)

2121 CHILDRENS MUSEUM DRIVE
DENVER,CO80211 		NONE PC FURTHER TAX EXEMPT PURPOSE 100,000

CLAYTON EARLY LEARNING (CLAYTON)

3801 MARTIN LUTHER KING BLVD
DENVER,CO80204 		NONE PC FURTHER TAX EXEMPT PURPOSE 100,000

COLORADO PUBLIC RADIO (CPR)

7409 S ALTON CT
ENGLEWOOD,CO80112 		NONE PC FURTHER TAX EXEMPT PURPOSE 100,000

DENVER ART MUSEUM (DAM)

100 W 14TH AVE PKWY
DENVER,CO80204 		NONE PC FURTHER TAX EXEMPT PURPOSE 25,000

DENVER BOTANIC GARDENS (DBG)

1007 YORK ST
DENVER,CO80206 		NONE PC FURTHER TAX EXEMPT PURPOSE 25,000

DENVER MUSEUM OF NATURE & SCIENCE (DMNS)

2001 COLORADO BLVD
DENVER,CO80204 		NONE PC FURTHER TAX EXEMPT PURPOSE 4,000,000

DENVER MUSEUM OF NATURE & SCIENCE (DMNS)

2001 COLORADO BLVD
DENVER,CO80204 		NONE PC FURTHER TAX EXEMPT PURPOSE 7,500

DSST PUBLIC SCHOOLS FOUNDATION (DSST)

730 COLORADO BLVD SUITE 200
DENVER,CO80206 		NONE PC FURTHER TAX EXEMPT PURPOSE 150,000

FOUNDATION FOR COLORADO COMMUNITY COLLEGES (FOUNDATIONCC)

9101 E LOWRY BLVD
DENVER,CO80230 		NONE PC FURTHER TAX EXEMPT PURPOSE 191,065

HOOVER INSTITUTE (HOOVER)

434 GALVEZ MALL STANFORD
CALIFORNIA,CA94305 		NONE PC FURTHER TAX EXEMPT PURPOSE 25,000

JCC DENVER (JCC1)

350 S DAHLIA ST
DENVER,CO80246 		NONE PC FURTHER TAX EXEMPT PURPOSE 25,000

JUDAISM YOUR WAY (JYW-ENDOWMEN)

950 S CHERRY ST SUITE 310
DENVER,CO80246 		NONE PC FURTHER TAX EXEMPT PURPOSE 246,373

JUDAISM YOUR WAY (JYW-ENDOWMEN)

951 S CHERRY ST SUITE 310
DENVER,CO80246 		NONE PC FURTHER TAX EXEMPT PURPOSE 195,500

JUDAISM YOUR WAY (JYW-ENDOWMEN)

952 S CHERRY ST SUITE 310
DENVER,CO80246 		NONE PC FURTHER TAX EXEMPT PURPOSE 148,365

JUDAISM YOUR WAY (JYW-ENDOWMEN)

953 S CHERRY ST SUITE 310
DENVER,CO80246 		NONE PC FURTHER TAX EXEMPT PURPOSE 16,667

JUDAISM YOUR WAY (JYW-ENDOWMEN)

954 S CHERRY ST SUITE 310
DENVER,CO80246 		NONE PC FURTHER TAX EXEMPT PURPOSE 1,500

KIPP COLORADO SCHOOLS (KIPP)

1390 LAWRENCE STREET SUITE 200
DENVER,CO80204 		NONE PC FURTHER TAX EXEMPT PURPOSE 100,000

MAYO CLINIC (MAYO)

200 FIRST ST SW
ROCHESTER,MN55905 		NONE PC FURTHER TAX EXEMPT PURPOSE 50,000

MICROBETV (MICROBETV)

352 7TH AVE RM 703
NEW YORK,NY10001 		NONE PC FURTHER TAX EXEMPT PURPOSE 2,500

NATIONAL JEWISH HEALTH (NJH)

1400 JACKSON STREET
DENVER,CO80206 		NONE PC FURTHER TAX EXEMPT PURPOSE 405,650

ROUNDUP RIVER RANCH (ROUNDUP)

8333 COLORADO RIVER ROAD
GYPSUM,CO81637 		NONE PC FURTHER TAX EXEMPT PURPOSE 10,000

STRIVE PREPARATORY SCHOOLS (STRIVE)

1616 FRANKLIN STREET SECOND FLOOR
OAKLAND,CA94612 		NONE PC FURTHER TAX EXEMPT PURPOSE 100,000

THE SUMMIT FOUNDATION (SUMMITFOU)

103 S HARRIS ST SUITES 201
BRECKENRIDGE,CO80424 		NONE PC FURTHER TAX EXEMPT PURPOSE 1,000

UNIVERSITY OF COLORADO FOUNDATION (UNIVCOFOUND)

1800 GRANT ST SUITE 725
DENVER,CO80203 		NONE PC FURTHER TAX EXEMPT PURPOSE 250,000

UNIVERSITY OF DENVER (UNIDEN)

2199 S UNIVERSITY BLVD
DENVER,CO80208 		NONE PC FURTHER TAX EXEMPT PURPOSE 25,000

UNIVERSITY OF MINNESOTA FOUNDATION (UNIVMINN)

200 OAK STREET SE SUITE 500
MINNEAPOLIS,MN55455 		NONE PC FURTHER TAX EXEMPT PURPOSE 1,000,000

UNIVERSITY OF NOTRE DAME DU LAC (NOTREDAME)

CONTROLLERS OFFICE 731 GRACE HALL
NOTRE DAME,IN46556 		NONE PC FURTHER TAX EXEMPT PURPOSE 1,000

UNIVERSITY OF PUGET SOUND (UNIPUG)

1500 N WARNER ST
TACOMA,WA98416 		NONE PC FURTHER TAX EXEMPT PURPOSE 25,000
Total .................................right arrow 3a 7,843,788
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 19,729  
4 Dividends and interest from securities ....     14 881,133  
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 .....     14 173,481  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,700,624 -1,981,241
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,774,967 -1,981,241
13Total. Add line 12, columns (b), (d), and (e)..................
13
793,726
(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.)
8 THE FOUNDATION SELLS IT'S STOCKS/BONDS IN ORDER TO GENERATE INCOME THAT CAN BE USED TO FUND IT'S CHARITABLE GIVING.
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
STURM FAMILY FOUNDATION
 
Employer identification number

84-1483429
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
STURM FAMILY FOUNDATION
  		Employer identification number
84-1483429
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
DONALD L STURM
3033 E 1ST AVENUE SUITE 300
 
DENVER, CO80206

$ 5,113,800


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

$  


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

$  


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

$  


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

$  


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

$  


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

84-1483429
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 360,000 SHARES OF BLUE OWL CAPITAL INC (OWL) $ 5,113,800 2023-12-15
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
STURM FAMILY FOUNDATION
  		Employer identification number

84-1483429
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
STURM FAMILY FOUNDATION
EIN:
84-1483429
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
STURM GROUP MGMT FEES 146,499 140,084   6,414

TY 2023 InvestmentsOtherSchedule2
Name:
STURM FAMILY FOUNDATION
EIN:
84-1483429
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
GS FIXED INCOME FUNDS FMV 4,451,275 2,270
JPM STRATEGIC INCOME OPPTY FUND FMV 28,557 28,557
FIDELITY INVESTMENTS FMV 28,477,763 28,477,763
ARROWMARK ACQUISITION VEHICLE SPC BANK LOAN SEGREGATED PORTFOLIO-SERIES H FMV 2,914,766 2,922,144
ARROWMARK GLOBAL OPPORTUNITY FUND II FMV 1,202,262 1,191,108
ARROWMARK GLOBAL OPPORTUNITY FUND III FMV 4,602,187 4,374,965
ARROWMARK SPECIALTY FINANCE, LLC FMV 536,018 1,088,921
ARTISAN THEMATIC FUND LP AKA ANTERO PEAK LONGSHORT OFFSHORE FUND LTD FMV 5,256,299 7,530,120
BLACKSTONE TOTAL ALTERNATIVES SOLUTION 2014-A L.P. FMV 1,292,215 779,266
BLACKSTONE TOTAL ALTERNATIVES SOLUTION IV-A L.P. FMV 1,160,097 1,500,024
BREP EUROPE IV(ALBERTA) LP FMV 490,316 363,568
BREP VIII LP FMV 173,057 705,456
DST GLOBAL III LP FMV 316,460 13,838
GS VINTAGE FUND VI LP FMV 185,545 516,811
GSO CAPITAL SOLUTIONS AM FEEDER FUND II L.P. FMV 767,104 189,876
GSO CSF III FINANCE LP FMV 139,190 260,259
GS-PRIVATE EQUITY CO-INVESTMENT PARTNERS LP FMV 0 957,526
ICONIQ STRATEGIC PARTNERS III-B FMV 1,368,629 2,661,547
ICONIQ STRATEGIC PARTNERS IV-B FMV 517,785 959,575
ICONIQ STRATEGIC PARTNERS V-B, LP FMV 1,763,012 1,912,579
ICQ CPE 2018 B FMV 642,049 1,077,933
JANUS HENDERSON BIOTECH INNOVATION FUND LLC FMV 4,323,855 9,175,643
LEGACY CAPITAL III FMV 343,405 328,304
PRIVATE EQUITY MANGERS 2017 FMV 1,115,627 3,155,980
TPG GENPAR VII LP FMV 1,053,570 1,006,240
VISTA EQUITY PARTNERS FUND VII-A, LP FMV 1,365,948 1,967,765
IPI PARTNERS II-B FMV 998,879 2,179,689
BUILDERS VC FUND II LP FMV 865,273 1,062,051
PPC III - A LP FMV 4,267,051 5,646,340
OWL ROCK CAPITAL TECHNOLOGY HOLDINGS LLC FMV 106,250 88,955
HUDSON BAY FMV 7,000,000 9,528,260
POINT72 FMV 10,000,000 14,836,483
VERITION INTERNATIONAL MULTI-STRATEGY FUND FMV 5,000,000 10,409,447
COATUE-FINTECH FMV 1,422,056 950,961
TENERE CAPITAL FUND OFFSHORE LP FMV 4,000,000 3,822,403
VINE VENTURES II-B FMV 476,324 469,748
HEDOSOPHIA PARTNERS V LP FMV 2,811,261 2,792,242
AVENIR GROWTH PARTNERS IV FMV 821,612 814,548
CONCRETE ROSE CAPITAL (II) FMV 60,719 55,964
GREY ST. VENTURES III FMV 864,681 897,832
OWL ROCK TECHNOLOGY FINANCE CORP, II FMV 3,716,790 4,184,968
GUMSHOE OFFSHORE FUND LTD FMV 2,114,256 2,114,255
ICONIQ STRATEGIC PARTNERS VII-B LP FMV 114,516 117,821

TY 2023 LegalFeesSchedule
Name:
STURM FAMILY FOUNDATION
EIN:
84-1483429
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 11,236 10,674   562


TY 2023 OtherExpensesSchedule
Name:
STURM FAMILY FOUNDATION
EIN:
84-1483429
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ARROWMARK ACQUISITION VEHICLE SPC BANK LOAN SEGREGATED PORTFOLIO-SERIES H 15,055 15,055   0
ARROWMARK SPECIALTY FINANCE 354 354   0
BLACKSTONE TOTAL ALTERNATIVES SOLUTION 2014-A L.P. 7,874 7,874   0
BLACKSTONE TOTAL ALTERNATIVES SOLUTION IV-A L.P. 3,017 3,017   0
BLACKSTONE REAL ESTATE PARTNERS VIII.TE.1 L.P. 6,064 6,064   0
BLACKSTONE REAL ESTATE PARTNERS VIII.TE.1-NQ L.P. 448 448   0
DST GLOBAL III LP 1,314 1,314   0
GSO CAPITAL SOLUTIONS AM FEEDER FUND II L.P. 63 63   0
GSO CSF III FINANCE LP 13 13   0
GSO CSF III FINANCE 2 LP 30 30   0
ICONIQ STRATEGIC PARTNERS III-B 23,016 23,016   0
ICONIQ STRATEGIC PARTNERS IV-B 12,275 12,275   0
ICONIQ STRATEGIC PARTNERS V-B, LP 42,000 42,000   0
ICQ CPE 2018 B 10,642 10,642   0
JANUS HENDERSON BIOTECH INNOVATION FUND LLC 203,469 203,469   0
LEGACY CAPITAL III (SCHED K-1) (SCHED K-1) 13,963 13,963   0
TPG PARTNERS VII, LP 8,961 8,961   0
TPG PARTNERS VII-AIV I, LP 243 243   0
TPG VII CARTHAGE AIV I, L.P. 12 12   0
TPG VII DE AIV I, LP 4,560 4,560   0
TPG VII KENTUCKY AIV I, L.P. 94 94   0
TPG VII MAGNI AIV II, LP 53 53   0
TPG VII MANTA AIV I, L.P. 126 126   0
VISTA EQUITY PARTNERS FUND VII-A, LP 46,311 46,311   0
IPI PARTNERS II-B 27,475 27,475   0
BUILDERS VC FUND II LP 54,294 54,294   0
HEDOSOPHIA PARTNERS V L.P. 5,453 5,453   0
BXC CSF III CLN FINANCE 6 6   0
CONCRETE ROSE FUND II, L.P. 26,954 26,954   0
GREY STREET VENTURES III LLC 43,705 43,705   0
PPC 111 A LP 61,329 61,329   0
VINE VENTURES II-B, LP 66,015 66,015   0
ICONIQ STRATEGIC PARTNERS VII-B LP 16,226 16,226   0
OTHER BUSINESS EXPENSES 1,639 188   1,451


TY 2023 OtherIncomeSchedule2
Name:
STURM FAMILY FOUNDATION
EIN:
84-1483429
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ARROWMARK SPECIALTY FINANCE, LLC 113,529 113,529 113,529
BLACKSTONE TOTAL ALTERNATIVES SOLUTION 2014-A L.P. 80,779 80,779 80,779
BLACKSTONE TOTAL ALTERNATIVES SOLUTION IV-A L.P. 86,128 86,128 86,128
BLACKSTONE REAL ESTATE PARTNERS VIII.TE.1 L.P. -14,258 -14,258 -14,258
BLACKSTONE REAL ESTATE PARTNERS VIII.TE.1-NQ L.P. -21,401 -21,401 -21,401
OWL ROCK CAPITAL TECHNOLOGY HOLDINGS II LLC 17,294 17,294 17,294
ICONIQ STRATEGIC PARTNERS III-B -595 -595 -595
ICONIQ STRATEGIC PARTNERS IV-B -14 -14 -14
ICQ CPE 2018 B -939 -939 -939
JANUS HENDERSON BIOTECH INNOVATION FUND LLC -59,854 -59,854 -59,854
LEGACY CAPITAL III -267 -267 -267
TPG PARTNERS VII, LP -2,064 -2,064 -2,064
TPG PARTNERS VII-AIV I, LP -2,166 -2,166 -2,166
TPG VII DE AIV I, LP 98 98 98
TPG VII KENTUCKY AIV I, L.P. 70 70 70
TPG VII MANTA AIV II, L.P. 16 16 16
VISTA EQUITY -2,950 -2,950 -2,950
IPI PARTNERS II-B AND IPI PARTNERS II-B(AIV), LP. -4,607 -4,607 -4,607
BUILDERS VC FUND II LP -9,020 -9,020 -9,020
PPC 111A -5,006 -5,006 -5,006
HEDOSOPHIA -43 -43 -43
VINE VENTURES II-B, LP -802 -802 -802
ICONIQ STRATEGIC PARTNERS VII-B LP -447 -447 -447


TY 2023 OtherIncreasesSchedule
Name:
STURM FAMILY FOUNDATION
EIN:
84-1483429
Description Amount
TIMING DIFFERENCES FROM INVESTMENTS 1,496,942
PERMANENT DIFFERENCES 305
SALE OF SECURITIES - BASIS DIFFERENCES 9,778,422


TY 2023 OtherProfessionalFeesSchedule
Name:
STURM FAMILY FOUNDATION
EIN:
84-1483429
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 900 900   0
INVESTMENT FEES 30,289 30,289   0
EXECUTIVE MANAGEMENT FEES 1,040,656 757,260   283,396