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
ACTC FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)6813 S ROUTT ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LITTLETON, CO801274958
A Employer identification number

42-1603802
B Telephone number (see instructions)

(303) 748-9582
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$8,958,629J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 4,941 4,941  
4 Dividends and interest from securities... 179,337 181,167  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -47,448
b Gross sales price for all assets on line 6a 803,160
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
1,536 1,536 0
12 Total. Add lines 1 through 11........ 138,366 187,644 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 87,204 0 0 87,204
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 33,991 0 0 33,991
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
60,981 60,981 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
8,734 2,191 0 6,543
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
12,537 0 0 12,013
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 203,447 63,172 0 139,751
25 Contributions, gifts, grants paid....... 210,500 210,500
26 Total expenses and disbursements. Add lines 24 and 25 413,947 63,172 0 350,251
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -275,581
b Net investment income (if negative, enter -0-) 124,472
c Adjusted net income (if negative, enter -0-)... 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............. 47,856 134,458 134,458
2 Savings and temporary cash investments......... 290,716 202,637 202,637
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)....... 3,351,496 Click to see attachment
List of Attached Documents:
// Content
2,512,166 		4,114,777
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).......... 3,781,728 Click to see attachment
List of Attached Documents:
// Content
3,928,260 		4,506,757
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
888,342 		Click to see attachment
List of Attached Documents:
// Content
2,181,108 		Click to see attachment
List of Attached Documents:
// Content
0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,360,138 8,958,629 8,958,629
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 8,360,138 8,958,629
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 8,360,138 8,958,629
30 Total liabilities and net assets/fund balances (see instructions). 8,360,138 8,958,629
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
8,360,138
2
Enter amount from Part I, line 27a .....................
2
-275,581
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
879,615
4
Add lines 1, 2, and 3 ..........................
4
8,964,172
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
5,543
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,958,629
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 AES CORP P 2022-11-21 2023-08-24
b ADIDAS AG-SPON ADR P 2023-05-04 2023-10-16
c AMADEUS IT GROUP SA ADR P 2023-01-23 2023-10-16
d AMAZON COM INC P 2022-09-13 2023-02-03
e AXON ENTERPRISE INC P 2022-11-16 2023-06-01
CARRIER GLOBAL CORP P 2023-10-03 2023-10-16
DAIKIN INDUSTRIES LTD P 2023-01-12 2023-10-16
FEDEX CORPORATION P 2023-08-24 2023-10-16
FUJITSU LTD ADR NEW P 2022-10-24 2023-10-16
MASTERCARD INC CL A P 2023-01-12 2023-10-16
NOMURA RESH INSTL ADR LTD P 2023-05-04 2023-10-16
SIKA AG-BR ADR P 2023-02-02 2023-10-16
SOCIEDAD QUIMICA MIN-ERAL DE CHILE S A SPONS P 2023-02-03 2023-05-04
TAKE-TWO INTERACTIVE SOFTWARE INC CDT P 2023-06-01 2023-10-16
UNITED OVERSEAS BK LTD SPONSORED ADR P 2023-01-12 2023-10-16
WOLFSPEED INC P 2022-09-23 2023-01-12
ZOETIS INC CLASS A P 2023-04-28 2023-10-16
FEDERATED HERMES GOVERNMENT OBLIGATIONS P 2023-12-04 2023-12-13
ABB LTD-SPONS ADR P 2020-07-14 2023-06-01
AIA GROUP LTD SPONSORED ADR P 2019-08-23 2023-10-16
ABBOTT LABORATORIES P 2019-08-23 2023-10-16
AIRBUS SE ADR P 2019-08-23 2023-10-16
ALPHABET INC NON VOTING CAP STK CL C P 2019-08-23 2023-06-01
AMERICA MOVIL SAB DE ADR CV SPON P 2020-04-21 2023-10-16
AMETEK INC NEW P 2020-05-22 2023-10-16
APPLE INC P 2019-08-23 2023-10-16
ASAHI KAISEI CORP ADR P 2020-01-29 2023-01-23
ASTRAZENECA PLC SPON ADR P 2016-08-23 2023-06-01
B&M EUROPEAN VALUE ADR RETAIL SA P 2021-02-16 2023-06-30
BEIGENE LTTD SPON ADR P 2021-02-16 2023-04-28
BRISTOL MYERS SQUIBB CO P 2022-09-08 2023-10-16
BRITISH AMERN TOB PLC SPON ADR P 2019-12-09 2023-10-16
BROADCOM INC P 2019-08-23 2023-08-24
CME GROUP INC P 2019-08-23 2023-10-16
CSX CORP P 2019-08-23 2023-10-16
CARLSBERG AS-B SONSORED ADR P 2019-08-23 2023-10-16
CHEVRON CORPORATION P 2020-04-06 2023-10-16
CITIZENS FINANCIAL GRP INC P 2020-09-14 2023-04-28
COMCAST CORP NEW CL A P 2019-08-23 2023-10-16
COMPAGNIE FINANCIERE RICHEMONT SA-UNSPON ADR P 2020-10-28 2023-02-01
CONOCOPHILLIPS P 2022-04-01 2023-10-16
COSTCO WHSL CORP NEW COM P 2020-01-31 2023-10-03
CROWN CASTLE INC P 2020-01-31 2023-06-30
DNB BANK ASA ADR SPONSORED P 2019-08-23 2023-10-16
DANAHER CORP P 2019-08-23 2023-10-16
DANONE SPONSORED ADR P 2019-08-23 2023-10-16
EOG RESOURCES INC P 2021-05-13 2023-10-16
ENGIE SPON ADR P 2021-03-18 2023-10-16
ESSILOR INTL SPONSORED ADR P 2019-08-23 2023-10-16
EVERTEC INC P 2022-01-20 2023-10-16
FIDELITY NATIONAL INFORMATION SVCS P 2021-01-28 2023-10-16
GENMAB A/S SPON ADR P 2019-08-23 2023-10-16
GODADDY INC CLASS A P 2019-08-23 2023-10-16
HDFC BANK LTD-ADR P 2022-09-13 2023-10-16
HILTON WORLDWIDE HOLDINGS INC NEW P 2020-11-11 2023-10-16
HONEYWELL INTERNATIONAL INC P 2020-09-14 2023-10-16
INDUSTRIA DE DISENO TEXTILE INDITEX SA P 2022-06-08 2023-10-16
INTERCONTINENTAL EXCH EXCHANGE P 2020-01-31 2023-01-12
JPMORGAN CHASE & CO P 2019-08-23 2023-10-16
KERING S A SPON ADR P 2020-11-11 2023-08-24
LOREAL CO ADR P 2019-08-23 2023-10-16
LEAR CORP P 2022-02-14 2023-04-28
LONDON STOCK ADR EXCHANGE GRP PLC UNSPON P 2020-01-29 2023-10-16
MARSH AND MC LENNAN COMPANIES INC P 2019-08-23 2023-10-16
MICROSOFT CORP P 2019-08-23 2023-06-30
NESTLE S A REG ADR P 2019-08-23 2023-10-16
NORTHRUP GRUMMAN CORP P 2019-08-23 2023-10-16
NOVO NORDISK A S ADR P 2019-08-23 2023-10-03
PHILIP MORRIS INTERNATIONAL INC P 2019-08-23 2023-10-16
RECKITT BENCKISER ADR PLC SPONSORED ADR P 2019-08-23 2023-10-16
ROYAL KPN N V SPN ADR P 2022-04-13 2023-10-16
RYANAIR HLDGS PLC SPONSORED ADR NEW P 2019-08-23 2023-10-16
SAFRAN SA-UNSPON ADR P 2019-08-23 2023-10-16
SAP SE-SPONSORED ADR P 2019-08-23 2023-10-16
SEAGEN INC P 2020-01-31 2023-06-01
SHIN-ETSU CHEMICAL ADR P 2019-08-23 2023-10-16
TFI INTERNATIONAL INC P 2022-09-01 2023-10-16
TAIWAN SEMICONDUCTOR MFG CO LTD ADR P 2019-08-23 2023-06-21
TC ENERGY CORP P 2022-06-27 2023-10-16
TENCENT HOLDINGS LTD-UNSP ADR P 2020-03-24 2023-01-12
TOTAL ENERGIES SE ADR P 2022-10-11 2023-10-16
UNITED HEALTH GROUP INC P 2019-08-23 2023-10-16
VALES S A ADR P 2021-03-01 2023-02-03
VERALTO CORPORATION P 2020-01-31 2023-10-03
VISA INC CLASS A P 2019-08-23 2023-01-12
YUM BRANDS INC P 2019-08-23 2023-10-16
AON PLC SHS CL A P 2019-08-23 2023-10-16
KEYENCE CORP P 2019-08-23 2023-10-16
ASML HOLDING NV NY REGISTRY SHS NEW 2012 P 2019-08-23 2023-10-16
ROYAL CARIBBEAN CRUISES LTD P 2020-06-18 2023-05-04
CITIGROUP INC VAR PFD NON-CUM PERP FXD-FLOAT P 2016-04-13 2023-11-15
GOLDMAN SACHS VAR PFD FXD/FLOAT DEP SHS-SER J P 2015-07-23 2023-09-14
WELLS FARGO VAR PFD FIX TO FLT NON CUM PERP P 2016-04-13 2023-09-15
AUTOMATIC DATA PROCESSING P 2019-11-12 2023-06-05
COMCAST CORP NEW CL A P 2019-12-12 2023-06-05
DOVER CORP COMMON P 2017-01-06 2023-06-05
GILEAD SCIENCES INC P 2020-08-04 2023-06-05
ILLINOIS TOOL WORKS INC P 2017-01-06 2023-06-05
M & BANK CORP P 2018-07-23 2023-02-01
MICROSOFT CORP P 2017-01-06 2023-06-05
TARGET CORP P 2018-01-11 2023-06-05
US BANCORP NEW P 2019-09-17 2023-08-24
WALGREENS BOOTS ALLIANCE INC P 2018-07-23 2023-09-05
CAPITAL GAINS DIVIDENDS 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 2,759   4,299 -1,540
b 179   172 7
c 4,436   4,348 88
d 10,463   11,884 -1,421
e 10,244   9,354 890
213   213 0
165   180 -15
249   259 -10
137   132 5
401   379 22
100   99 1
208   239 -31
4,505   6,677 -2,172
143   137 6
205   226 -21
2,693   3,771 -1,078
175   177 -2
4,019   4,019 0
4,038   2,732 1,306
316   352 -36
184   168 16
257   275 -18
2,926   1,357 1,569
184   117 67
300   171 129
533   157 376
8,202   10,709 -2,507
3,449   2,178 1,271
2,951   3,506 -555
2,714   4,242 -1,528
284   346 -62
150   197 -47
18,229   6,191 12,038
220   212 8
157   109 48
249   298 -49
328   184 144
6,342   5,665 677
262   261 1
11,453   4,850 6,603
248   201 47
10,161   5,254 4,907
4,633   5,730 -1,097
181   143 38
209   123 86
285   442 -157
9,905   6,696 3,209
311   292 19
262   219 43
185   222 -37
104   254 -150
159   102 57
224   190 34
118   131 -13
306   208 98
186   169 17
288   205 83
8,220   7,115 1,105
443   325 118
1,688   2,426 -738
243   159 84
5,718   7,485 -1,767
305   306 -1
383   196 187
6,104   2,459 3,645
340   331 9
486   372 114
3,351   973 2,378
277   249 28
211   225 -14
197   224 -27
186   115 71
554   508 46
388   358 30
14,736   5,975 8,761
309   207 102
246   205 41
7,509   3,303 4,206
105   159 -54
8,493   9,248 -755
464   344 120
541   234 307
9,431   9,194 237
926   821 105
9,562   7,709 1,853
235   233 2
325   193 132
376   285 91
600   214 386
3,591   2,972 619
157,075   175,471 -18,396
128,375   129,771 -1,396
165,100   175,314 -10,214
1,514   1,161 353
1,033   1,115 -82
690   311 379
1,944   1,776 168
1,356   734 622
56,946   57,919 -973
4,712   874 3,838
260   146 114
38,048   56,564 -18,516
25,862   72,907 -47,045
915     915
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -1,540
b       7
c       88
d       -1,421
e       890
      0
      -15
      -10
      5
      22
      1
      -31
      -2,172
      6
      -21
      -1,078
      -2
      0
      1,306
      -36
      16
      -18
      1,569
      67
      129
      376
      -2,507
      1,271
      -555
      -1,528
      -62
      -47
      12,038
      8
      48
      -49
      144
      677
      1
      6,603
      47
      4,907
      -1,097
      38
      86
      -157
      3,209
      19
      43
      -37
      -150
      57
      34
      -13
      98
      17
      83
      1,105
      118
      -738
      84
      -1,767
      -1
      187
      3,645
      9
      114
      2,378
      28
      -14
      -27
      71
      46
      30
      8,761
      102
      41
      4,206
      -54
      -755
      120
      307
      237
      105
      1,853
      2
      132
      91
      386
      619
      -18,396
      -1,396
      -10,214
      353
      -82
      379
      168
      622
      -973
      3,838
      114
      -18,516
      -47,045
      915
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -47,448
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 -5,271
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 1,730
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 1,730
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 1,730
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 6,000
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 6,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 23
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 4,247
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow4,247 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
 
No
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 arrowDAVID CUTLER Telephone no.right arrow (303) 748-9582

Located atright arrow6813 S ROUTT STLITTLETONCO ZIP+4right arrow801274958
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
 
 
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
DAVID CUTLER PRES./DIR.
1.00 		0 0 0
6813 S ROUTT ST
LITTLETON,CO80127
KATHLEEN LAMBERT SECRETARY
30.00 		0 0 0
7707 W LAYTON WAY
LITTLETON,CO80123
MALVIN CUTLER VICE PRES.
30.00 		0 0 0
6813 S ROUTT ST
LITTLETON,CO80127
VERONICA CUTLER DIRECTOR
1.00 		0 0 0
205 139ST
OCEAN CITY,MD21842
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
8,254,324
b
Average of monthly cash balances.......................
1b
337,831
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
8,592,155
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
8,592,155
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
128,882
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
8,463,273
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
423,164
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
423,164
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
1,730
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,730
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
421,434
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
421,434
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
421,434
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
350,251
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
350,251
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 7 421,434
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 28,517
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$ 350,251
a Applied to 2022, but not more than line 2a 28,517
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..... 321,734
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 .......... 		99,700
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or 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

UPSTATE FOUNDATION

5784 WIDEWATERS PARKWAY
SYRACUSE,NY13214 		NONE PF FUNDS TO SUPPORT CHILDREN AND FAMILIES WITH CHILDREN WHO HAVE BEEN DIAGNOSED WITH A SEVERE ILLNESS. 8,000

TUTTI BAMBINI FOUNDATION

300 EL MOLINO BLVD
LAS CRUCES,NM88005 		NONE PC FUNDS TO HELP BUILD A NEW LEARNING CENTER AND IMPROVE RECREATIONAL EQUIPMENT FOR DISABLED CHILDREN. 25,000

THE VALLEY OF HOPE

22422 MAINSTREET
PARKER,CO80138 		NONE PF FUNDS TO HELP IN CONSTRUCTION OF THE NEW REHAB CENTER IN PARKER CO 20,000

SUNY OSWEGO

7060 NY - 104
OSWEGO,NY13126 		NONE POF FUNDS FOR OPENING OF THE CUTLER SCHOLARSHIP FUND TO SUNY OSWEGO STATE UNIVERITY. 50,000

SOUL SAVING STATION

62 HENRY ST
SARATOGA SPRINGS,NY12866 		NONE POF FUNDS FOR HELPING TO MAKE THE WORLD AROUND US A BETTER, HAPPIER PLACE WITH THE HELP OF OUR TIRELESS VOLUNTEERS. WE ORGANIZE SERVICES, MINISTRIES, FUNDRAISERS, EXCITING COMMUNITY-BUILDING EVENTS, AND IN-DEPTH TRAINING SESSIONS FOR OUR MEMBERS. 10,000

SISTERS OF ST JOSEPH CARONDELET

385 WATERVLIET-SHAKER ROAD
LATHAM,NY121104799 		NONE POF PROVIDE FUNDS THROUGHOUT THE ALBANY AND SYRACUSE DIOCESES - OUR SISTERS MINISTER IN A VARIETY OF AREAS INCLUDING SPIRITUAL DIRECTION, EDUCATION, HEALTHCARE AND HOSPITALITY. 5,000

EPILEPSY FOUNDATION OF COLORADO

5889 GREENWOOD PLAZA BLVD UNIT 404
GREENWOOD VILLAGE,CO80111 		NONE PF FUNDS TO CONNECT, EDUCATE, AND EMPOWER TO IMPROVE THE LIVES OF EVERYONE AFFECTED BY EPILEPSY 25,000

ELMCREST CHILDRENS CENTER

960 SALT SPRINGS ROAD
SYRACUSE,NY13224 		NONE POF TO HELP PROVIDE FUNDS FOR NEW PLAYGROUND EQUIPMENT AND LEARNING MATERIALS FOR STUDENTS. 5,000

EAST SYRACUSE MARCHING BAND BOOSTERS

6400 FREMONT RD
EAST SYRACUSE,NY13057 		NONE PF TO SUPPORT THE EAST SYRACUSE MARCHING BAND ON THEIR JOURNEY TO COMEPETING AND TRAVEL EXPENSES. 10,000

CHERRY CREEK SCHOOLS FOUNDATION

4700 YOSEMITE ST UNIT 139
GREENWOOD VILLAGE,CO80011 		NONE PF FUNDS TO SUPPORT THE CHEROKEE TRAIL HIGH SCHOOL BAND. 2,500

CATHOLIC CHARITIES

2301 LAWRENCE ST
DENVER,CO80205 		NONE POF FUNDS ARE INTENDED TO HELP THE GOOD SAMARITAN HOUSE IN DENVER, CO UNDER CATHOLIC CHARITIES. 50,000
Total .................................right arrow 3a 210,500
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 ........... 		        4,941
4 Dividends and interest from securities ....         179,337
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 .....         1,536
8 Gain or (loss) from sales of assets other than
inventory ............ 		        -47,448
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory     03    
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 0 138,366
13Total. Add line 12, columns (b), (d), and (e)..................
13
138,366
(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.)
1 N/A
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 InvestmentsCorpStockSchedule
Name:
ACTC FOUNDATION INC
EIN:
42-1603802
Name of Stock End of Year Book Value End of Year Fair Market Value
YUM BRANDS INC 7,858 15,278
XCEL ENERGY INC 53,928 50,654
WASTE MGMT INC DEL 33,756 57,634
VORNADO REALTY 5.4% PFD 105,616 62,015
VISA INC CLASS A 11,140 21,658
UNITEDHEALTH GROUP INC 9,816 19,084
UNITEDHEALTH GROUP INC 49,461 84,448
UNITED PARCEL SERVICE-B 39,720 67,817
TOTAL SE ADR 8,660 16,836
TFI INTERNATIONAL INC 6,768 13,158
TC ENERGY CORP 8,437 16,402
TARGET CORP 17,310 29,554
TAIWAN SEMICONDUCTOR MFG CO LTD ADR 4,807 9,345
STARBUCKS CORP 58,038 99,092
SMC CORP 7,688 14,947
SHIN-ETSU CHEMICAL ADR 7,854 15,268
SAP SE-SPONSORED ADR 12,797 24,880
SAFRAN SA-UNSPON ADR 23,446 45,582
RYANAIR HLDGS PLC SPONSORED ADR 5,278 10,262
ROYAL KPN N V SPN ADR3 10,364 20,148
ROYAL CARIBBEAN CRUISES LTD 6,194 12,043
RECKITT BENCKISER ADR 11,637 22,624
PROCTER & GAMBLE CO 36,771 62,782
PHILLIPS 66 61,874 105,642
PHILIP MORRIS INTERNATIONAL INC 12,948 25,173
PEPSICO INCORPOATED 40,582 69,288
NOVO NORDISK A S ADR 8,411 16,353
NORTHROP GRUMMAN CORP 9,655 18,772
NEXTERA ENERGY INC 32,896 56,166
NESTLE S A REG ADR 12,679 24,651
MORGAN STANLEY 6.375% PFD 124,885 116,025
MICROSOFT CORP 13,767 26,764
MICROSOFT CORP 48,721 83,185
MERCK & CO INC NEW 48,642 83,050
MCDONALDS CORP 51,975 88,741
MARSH AND MC LENNAN COMPANIES INC 7,754 15,074
MARSH AND MC LENNAN COMPANIES INC 51,835 88,502
LOREAL CO ADR 8,477 16,480
LONDON STOCK ADR 10,941 21,270
LOCKHEED MARTIN CORP 59,836 102,162
KLA CORP 3,266 6,350
KIMBERLY-CLARK CORP 31,067 53,043
KEYENCE CORP 7,600 14,776
KERING S A SPON ADR 11,913 23,160
JPMORGAN CHASE & CO 13,142 25,549
JPMORGAN CHASE & CO 42,123 71,920
JOHNSON & JOHNSON 57,935 98,916
INTUIT 40,178 68,599
INTERNATIONAL BUSINESS MACHINE CORP 34,198 58,389
INDUSTRIA DE DISENO TEXTILE INDITEX SA ADR 9,612 18,687
ILLINOIS TOOL WORKS INC 41,237 70,407
HONEYWELL INTERNATIONAL INC 10,469 20,354
HOME DEPOT INC 22,520 38,450
HILTON WORLDWIDE HOLDINGS INC 11,784 22,910
HDFC BANK LTD-ADR 7,345 14,280
GOLDMAN SACHS VAR NON-CUM PFD FIX/FLT 75,028 67,370
GODADDY INC CLASS A 9,985 19,412
GILEAD SCIENCES INC 53,508 91,358
GENUINE PARTS CO COM 39,486 67,417
GENMAB A/S SPON ADR 5,974 11,615
GENL DYNAMICS CORP 55,222 94,284
FUJITSU LTD ADR NEW 2,270 4,413
FIDELITY NATIONAL INFORMATION SVCS 11,603 22,559
EVERTEC INC 10,219 19,867
ESSILOR INTL-SPONSORED ADR 11,401 22,166
EQUINIX INC 3,961 7,700
ENGIE SPON ADR 1 RCPT=1 ORD SHSR ENGIY 9,021 17,537
DOVER CORP COMMON 25,688 43,859
DNB ASA SPONSORED ADR 7,295 14,182
DIGITAL REALTY TRUST INC 37,243 63,588
DANONE SPONSORED ADR 16,343 31,773
DANAHER CORP 6,921 13,456
CSX CORP 5,161 10,033
CONOCOPHILLIPS 8,554 16,630
COMCAST CORP NEW CL A 11,558 22,470
COMCAST CORP 60,099 102,612
CME GROUP INC 7,473 14,529
CISCO SYSTEMS INC 38,790 66,229
CHEVRON CORPORATION 39,746 67,861
CHEVRON CORPORATION 9,136 17,761
CARLSBERG AS-B SPONSORED ADR 13,072 25,414
BROADCOM INC 9,443 18,359
BRITISH AMERN TOB PLC SPON ADR 8,293 16,123
BRISTOL MYERS SQUIBB CO 12,381 24,071
BLACKROCK INC 62,785 107,197
BEIGENE LTD SPON ADR 7,669 14,909
BANK OF AMERICA CORP 52,158 89,053
BANK NEW YORK MELLON CORP 40,072 68,418
B&M EUROPEAN VALUE RETAIL SA ADR 8,913 17,328
AUTOMATIC DATA PROCESSING 59,030 100,787
ASTRAZENECA PLC 12,002 23,334
ASML HOLDING NV 8,873 17,250
APPLE INC 8,452 16,431
AON PLC 7,750 15,067
ANHEUSER BUSCH INBEV SA/NV-SPONSORED ADR 8,949 17,398
AMGEN INC 43,891 74,938
AMETEK INC 9,104 17,700
AMERICAN ELECTRIC POWER 39,345 67,176
ALPHABET INC 7,158 13,916
AIRBUS SE 11,698 22,743
AIA GROUP LTD 16,827 32,714
ABBOTT LABORATORIES 9,193 17,872
ABB LTD 5,812 11,299

TY 2023 InvestmentsOtherSchedule2
Name:
ACTC FOUNDATION INC
EIN:
42-1603802
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
VOYA VOYA RUSSELL LARGE CAP INDEX P AT COST 229,053 528,310
VOYA LARGE CAPITAL GROWTH PORTFOLIO AT COST 260,284 567,983
VOYA INTERNATIONAL INDEX PORTFOLIO AT COST 331,502 265,410
VOYA INTERMEDIATE BOND PORTFOLIO AT COST 379,161 303,190
VANGUARD MIDCAP VIPER AT COST 164,038 208,678
VANGUARD LONG-TERM BOND ETF AT COST 38,369 37,812
VANGUARD DIVIDEND APPRECIATION AT COST 66,890 94,742
UNITED STATES OIL FD ETF AT COST 33,782 9,131
SKYBRIDGE MULTI ADVISOR HEDGE FUND PORTFOLIO SER G AT COST 417,166 322,583
PIMCO ENHANCED SHORT MATURITY EXCHANGE TRADED FUND AT COST 54,230 54,485
ISHARES RUSSELL 2000 ETF AT COST 31,685 37,533
ISHARES MSCI EAFE ETF AT COST 163,977 170,036
ISHARES CORE TOTAL US AGGREGATE BOND ETF AT COST 236,284 223,412
ISHARES CORE S&P TOTAL US STOCK MARKET ETF AT COST 344,350 463,012
ISHARES CORE S&P SMALL-CAP ETF AT COST 37,840 37,996
ISHARES CORE MSCI EMERGING MKTS AT COST 162,541 145,013
INVESCO OPTIMUM YIELD DIVERSIF AT COST 62,372 49,396
GOLDMAN SACHS ACTIVEBETA US LARGE CAP EQUITY ETF AT COST 152,489 174,018
GOLDMAN SACHS ACTIVEBETA INTERNATIONAL EQUITY ETF AT COST 106,021 113,363
FIRST TRUST GLOBAL TACTICAL COMMODITY STRATEGY FUND AT COST 39,048 33,705
FIDELITY GOVERNMENT INSTITUTIONAL PORTFOLIO FUND AT COST 193,475 196,467
BLACKROCK INSTITUTIONAL FUNDS TRUST FOR FEDERAL SECURITIES T-FUND #30 AT COST 48,703 48,703
ABBEY CAPITAL MULTIMNGR FUND LTD C SHS AT COST 375,000 421,779

TY 2023 OtherAssetsSchedule
Name:
ACTC FOUNDATION INC
EIN:
42-1603802
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
NET UNREALIZED GAIN ON INVESTMENTS 888,342 2,181,108  


TY 2023 OtherDecreasesSchedule
Name:
ACTC FOUNDATION INC
EIN:
42-1603802
Description Amount
EXCISE TAXES PAID 5,543


TY 2023 OtherExpensesSchedule
Name:
ACTC FOUNDATION INC
EIN:
42-1603802
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSES 378 0 0 378
PAYROLL PROCESSING FEES 4,218 0 0 4,218
TELEPHONE EXPENSES 3,732 0 0 3,732
MEALS @ 50% 2,275 0 0 2,275
SUBSCRIPTIONS 265 0 0 265
MISC EXPENSES 524 0 0 0
COMPUTER SOFTWARE 1,135 0 0 1,135
LICENSE & REGISTRATION FEES 10 0 0 10


TY 2023 OtherIncomeSchedule2
Name:
ACTC FOUNDATION INC
EIN:
42-1603802
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 1,536 1,536 0


TY 2023 OtherIncreasesSchedule
Name:
ACTC FOUNDATION INC
EIN:
42-1603802
Description Amount
50% MEALS 2,575
NET UNREALIZED GAINS OR LOSSES ON INVESTMENTS 862,040
DONATIONS REPORTED IN 2022 15,000


TY 2023 OtherProfessionalFeesSchedule
Name:
ACTC FOUNDATION INC
EIN:
42-1603802
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGED MONEY FEES 60,981 60,981 0 0


TY 2023 TaxesSchedule
Name:
ACTC FOUNDATION INC
EIN:
42-1603802
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN INCOME TAXES 2,191 2,191 0 0
PAYROLL TAXES 6,543 0 0 6,543