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
LILLIS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)221 WILCOX STREET 201
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CASTLE ROCK, CO80104
A Employer identification number

91-6520620
B Telephone number (see instructions)

(303) 395-2633
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$10,798,500J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 6,313 6,313  
4 Dividends and interest from securities... 133,084 157,300  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 92,363
b Gross sales price for all assets on line 6a 762,619
7 Capital gain net income (from Part IV, line 2)... 96,305
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
0 8,694  
12 Total. Add lines 1 through 11........ 231,760 268,612  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 74,689 0   74,689
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 6,076 0   6,076
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
13,962 0   13,962
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
29,695 0   29,695
17 Interest...............   1,089    
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
18,699 1,699   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,900 0   1,900
22 Printing and publications.......... 338 0   338
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
19,729 24,218   19,232
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 165,088 27,006   145,892
25 Contributions, gifts, grants paid....... 382,505 382,505
26 Total expenses and disbursements. Add lines 24 and 25 547,593 27,006   528,397
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -315,833
b Net investment income (if negative, enter -0-) 241,606
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............. 116 116 116
2 Savings and temporary cash investments......... 322,064 279,291 279,291
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)....... 2,753,298 Click to see attachment
List of Attached Documents:
// Content
2,643,003 		6,280,841
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).......... 2,658,838 Click to see attachment
List of Attached Documents:
// Content
2,496,073 		4,238,252
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) 5,734,316 5,418,483 10,798,500
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........... 5,734,316 5,418,483
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)..... 5,734,316 5,418,483
30 Total liabilities and net assets/fund balances (see instructions). 5,734,316 5,418,483
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
5,734,316
2
Enter amount from Part I, line 27a .....................
2
-315,833
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
5,418,483
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
5,418,483
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a SALE OF PUBLICLY TRADED SECURITIES P    
b ARES HIGH INCOME CREDIT OPP. FD LP P    
c FTV FUND IV P    
d FTV FUND VI P    
e BLUE OWL REAL ESTATE FUND V LP P    
REALIZED LOSSES THRU ARES HIGH INCOME CREDIT OPP, FD K1 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 762,619   736,409 26,210
b       72,860
c       8,869
d       20,182
e       7,296
      -39,112
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       26,210
b       72,860
c       8,869
d       20,182
e       7,296
      -39,112
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 96,305
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 3,358
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 3,358
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 3,358
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 12,784
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 12,784
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 9,426
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow9,426 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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.LILLISFOUNDATION.ORG
14
The books are in care ofright arrowTHE LILLIS FOUNDATION Telephone no.right arrow (303) 395-2633

Located atright arrow221 WILCOX ST STE 201CASTLE ROCKCO ZIP+4right arrow80104
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
Yes
 
(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
GWENDOLYN H LILLIS TRUSTEE
20.00 		0 0 0
221 WILCOX ST STE 201
CASTLE ROCK,CO80104
CHARLES M LILLIS TRUSTEE
2.00 		0 0 0
221 WILCOX ST STE 201
CASTLE ROCK,CO80104
JESSICA L ISAACS TRUSTEE
10.00 		0 0 0
221 WILCOX ST STE 201
CASTLE ROCK,CO80104
LORI L HOFF TRUSTEE
20.00 		0 0 0
221 WILCOX ST STE 201
CASTLE ROCK,CO80104
TIMOTHY S LILLIS TRUSTEE
2.00 		0 0 0
221 WILCOX ST STE 201
CASTLE ROCK,CO80104
CARRIE C KNOX TRUSTEE/EXECUTIVE DIRECTOR
30.00 		74,689 0 0
221 WILCOX ST STE 201
CASTLE ROCK,CO80104
GENEVA IRENE LILLIS JUNIOR TRUSTEE
2.00 		0 0 0
221 WILCOX ST STE 201
CASTLE ROCK,CO80104
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 THE FOUNDATION PROVIDES FOOD, CLOTHING AND EDUCATIONAL ITEMS FOR NEEDY SENIORS, SINGLE PARENTS AND FAMILIES. 7,709
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
10,006,071
b
Average of monthly cash balances.......................
1b
383,567
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
10,389,638
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
10,389,638
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
155,845
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
10,233,793
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
511,690
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
511,690
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
3,358
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,358
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
508,332
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
508,332
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
508,332
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
528,397
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
528,397
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 7 508,332
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 506,114
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$ 528,397
a Applied to 2022, but not more than line 2a 506,114
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		Click to see attachment
List of Attached Documents:
// Content
0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 22,283
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 .......... 		486,049
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).)
GWENDOLYN H LILLIS
CHARLES M LILLIS
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

A LITTLE HELP

2755 S LOCUST STREET SUITE 220
DENVER,CO80222 		N/A PC GRANT - OLDER ADULTS SERVICE PROGRAM 5,000

AGING RESOURCES OF DOUGLAS COUNTY

104 FOURTH STREET
CASTLE ROCK,CO80104 		N/A PC DISCRETIONARY GRANT - LORI HOFF (GENERAL OPERATING) 2,000
ARAPAHOE COMMUNITY COLLEGE


5900 SOUTH SANTA FE DRIVE CASHIER
CAMPUS BOX 12
LITTLETON,CO80160 		NONE I SCHOLARSHIP GRANT - ABBY SAWICKI 2,000
ARIZONA STATE UNIVERSITY


1151 S FOREST AVE STE 244 PO BOX
870303
TEMPE,AZ852870303 		NONE I SCHOLARSHIP GRANT - CARLOS PALOMERA 8,000
BAYLOR UNIVERSITY


STUDENT ACCOUNTS ONE BEAR PLACE
97048
WACO,TX767987048 		NONE I SCHOLARSHIP GRANT - GRACE WHITACRE 6,250
BELMONT UNIVERSITY


STUDENT FINANCIAL SERVICES 1900
BELMONT BLVD
NASHVILLE,TN37212 		NONE I SCHOLARSHIP GRANT - NOELLE MARTIN 4,000
BLACK HILLS STATE UNIVERSITY


1200 UNIVERSITY STREET UNIT 9670
SPEARFISH,SD577999670 		NONE I SCHOLARSHIP GRANT - LIDDY DAY 1,000

CASTLE ROCK SENIOR ACTIVITIES CENTER

2323 NORTH WOODLANDS BLVD
CASTLE ROCK,CO80104 		N/A PC GRANT - ACTIVE MINDS LECTURE SERIES & SCHOLARSHIP PROGRAM 14,000

CENTRAL HIGH SCHOOL

216 E ORMAN AVE
PUEBLO,CO81004 		N/A PC GRANT - STUDENT ASSISTANCE FUND 23-24 5,000

CLEAR CREEK HIGH SCHOOL

185 BEAVER BROOK CANYON RD
EVERGREEN,CO80439 		N/A PC GRANT - STUDENT ASSISTANCE FUND 23-24 7,000

CLOTHES TO KIDS OF DENVER

PO BOX 100874
DENVER,CO80250 		N/A PC DISCRETIONARY GRANT - CARRIE KNOX (GENERAL OPERATING) 1,000

CLOTHES TO KIDS OF DENVER

PO BOX 100874
DENVER,CO80250 		N/A PC GRANT - WARDROBE PROGRAM 7,500
COLORADO COLLEGE


14 E CACHE LA PUDRE STREET
COLORADO SPRINGS,CO80903 		NONE I SCHOLARSHIP GRANT - CHRISTOPHER HECKENKAMP 4,000
COLORADO MESA UNIVERSITY


1100 NORTH AVENUE
GRAND JUNCTION,CO81501 		NONE I SCHOLARSHIP GRANT - CINTIA CORNEJO-MARTINEZ 1,250
COLORADO MESA UNIVERSITY


1100 NORTH AVENUE
GRAND JUNCTION,CO81501 		NONE I SCHOLARSHIP GRANT - GRACE GOODLAND 2,000
COLORADO MESA UNIVERSITY


1100 NORTH AVENUE
GRAND JUNCTION,CO81501 		NONE I SCHOLARSHIP GRANT - JACOBI KEEFE 4,000
COLORADO SCHOOL OF MINES


1200 16TH STREET
GOLDEN,CO80401 		NONE I SCHOLARSHIP GRANT - PRASANGA BARAKOTI 500
COLORADO SCHOOL OF MINES


CSM BURSAR LOCKBOX PO BOX 735373
DALLAS,TX75373 		NONE I SCHOLARSHIP GRANT - WILLIE GOULD 4,000
COLORADO SCHOOL OF MINES


CSM BURSAR LOCKBOX
DALLAS,TX75373 		NONE I SCHOLARSHIP GRANT - GABRIELLE D'HAILLECOURT 1,000
COLORADO STATE UNIVERSITY


STUDENT FINANCIAL SERVICES 1065
CAMPUS DELIVERY
FORT COLLINS,CO805231065 		NONE I SCHOLARSHIP GRANT - BEN ELICK 2,000
COLORADO STATE UNIVERSITY


STUDENT FINANCIAL SERVICES 1065
CAMPUS DELIVERY
FORT COLLINS,CO805231065 		NONE I SCHOLARSHIP GRANT - JAYCE STRASSER 3,500

COMPASS MONTESSORI EDUCATION FOUNDATION

4441 SALVIA ST
GOLDEN,CO80403 		N/A PC DISCRETIONARY GRANT - TIM LILLIS (GENERAL OPERATING) 2,000
DOANE UNIVERSITY


ATTENTION BUSINESS OFFICE 1014
BOSWELL AVENUE
CRETE,NE68333 		NONE I SCHOLARSHIP GRANT - WHITNEY WALTER 4,000

EDUCATION THROUGH MUSIC COLORADO

618 SOUTH PONTIAC STREET
DENVER,CO80224 		N/A PC GRANT - MUSIC PROGRAMMING, ELEMENTARY STUDENTS 10,000
FINANCIAL AID


LEWIS CLARK 615 S PALATINE HILL
ROAD MSC 56
PORTLAND,OR97219 		NONE I SCHOLARSHIP GRANT - BODE DALTON 2,500
FRONT RANGE COMMUNITY COLLEGE


4616 SOUTH SHIELDS STREET
FORT COLLINS,CO80526 		NONE I SCHOLARSHIP GRANT - MEGAN LINDSAY 1,500
GIGIS PLAYHOUSE DENVER


610 GARRISON STREET UNIT F
LAKEWOOD,CO80215 		NONE I DISCRETIONARY GRANT - CARRIE KNOX (GENERAL OPERATING) 1,500
GNOMON SCHOOL OF VISUAL EFFECTS


1015 NORTH CAHUENGA BLVD
LOS ANGELES,CA90038 		NONE I SCHOLARSHIP GRANT - CONLEN BREHENY 9,999
GOLF4 THE DISABLED


71 CHERRY HILLS FARM DRIVE
ENGLEWOOD,CO80113 		NONE I GRANT - FUNDING TOWARD PARA GOLFER 7,500

HANDS OF THE CARPENTER AUTOMOTIVE REPAIR

16097 SOUTH GOLDEN ROAD
GOLDEN,CO80401 		N/A PC GRANT - APPRENTICE PROGRAM 15,000

HARMONY EQUINE CENTER DENVER DUMB FRIENDS LEAGUE

2080 S QUEBEC STREET
DENVER,CO802313298 		N/A PC DISCRETIONARY GRANT - JESSICA ISAACS ($1,000.00) DISCRETIONARY GRANT - GWEN LILLIS ($1,000.00) (GENERAL OPERATING) 2,000
INDIANA UNIVERSITY


OFFICE OF FINANCIAL AID 107 SOUTH
INDIANA AVENUE
BLOOMINGTON,IN474057000 		NONE I SCHOLARSHIP GRANT - SPENCER HODAS 500

JEFFCO ACTION CENTER

8755 WEST 14TH AVE
LAKEWOOD,CO80215 		N/A PC DISCRETIONARY GRANT - TIM LILLIS (GENERAL OPERATING) 1,000

JULESBURG HIGH SCHOOL

401 COTTONWOOD STREET
JULESBURG,CO80737 		N/A PC GRANT - STUDENT ASSISTANCE FUND 23-24 4,000

KIDS FIRST HEALTH CARE

7190 COLORADO BLVD
COMMERCE CITY,CO80022 		N/A PC GRANT - BUILDING CAMPAIGN 20,000

KIDS FIRST HEALTH CARE

7190 COLORADO BLVD
COMMERCE CITY,CO80022 		N/A PC GRANT - VACCINE REFRIGERATOR/FREEZER 6,000

KIDS FIRST HEALTH CARE

7190 COLORADO BLVD SUITE 450
COMMERCE CITY,CO80022 		N/A PC DISCRETIONARY GRANT- CARRIE KNOX (GENERAL OPERATING) 1,000

KNOCK KNOCK ANGELS

10479 SIERRA RIDGE DR
PARKER,CO80134 		N/A PC DISCRETIONARY GRANT - LORI HOFF (GENERAL OPERATING) 1,000
LAGUNA COLLEGE OF ART AND DESIGN


2222 LAGUNA CANYON ROAD
LAGUNA BEACH,CA92651 		NONE I SCHOLARSHIP GRANT - NOAM EGAN 4,000

LEWIS-PALMER HIGH SCHOOL

1300 HIGBY ROAD
MONUMENT,CO80132 		N/A PC GRANT - STUDENT ASSISTANCE FUND 23-24W 5,000

LITTLETON HIGH SCHOOL

199 EAST LITTLETON BLVD
LITTLETON,CO80121 		N/A PC GRANT - STUDENT ASSISTANCE FUND 23-24 7,000

LONGMONT MEALS ON WHEELS

910 LONGS PEAK AVENUE
LONGMONT,CO80501 		N/A PC GRANT - MEAL DELIVERY PROGRAM 4,000

MEALS ON WHEELS FORT COLLINS

1217 EAST ELIZABETH ST UNIT 11
FORT COLLINS,CO80524 		N/A PC GRANT - FOOD DELIVERY PROGRAM 7,500
MONTANA STATE UNIVERSITY


OFFICE OF FINANCIAL AID SERVICES PO
BOX 174160
BOZEMAN,MT597174160 		NONE I SCHOLARSHIP GRANT - JOANNA O'CONNELL 1,500
NOELLE MARTIN


542 ACKLEN PARK DRIVE
NASHVILLE,TN37205 		NONE I SCHOLARSHIP GRANT - NOELLE MARTIN 4,000
NORTHEASTERN JUNIOR COLLEGE


OFFICE OF FINANCIAL AID 1000
COLLEGE AVE
STERLING,CO80751 		NONE I SCHOLARSHIP GRANT - DAVID AVERY 1,250
OREGON STATE UNIVERSITY


STUDENT ACCOUNTS PO BOX 1086
CORVALLIS,OR97339 		NONE I SCHOLARSHIP - ROMAN WHITE 2,500
OREGON STATE UNIVERSITY


STUDENT ACCOUNTS PO BOX 1086
CORVALLIS,OR97339 		NONE I SCHOLARSHIP GRANT - ROMAN WHITE 2,500

PAWS FOR PURPLE HEARTS

5860 LABATH AVENUE SUITE A
ROHNERT,CA94928 		N/A PC DISCRETIONARY GRANT - CHUCK LILLIS (GENERAL OPERATING) 1,000

PAWS FOR PURPLE HEARTS

5860 LABATH AVENUE SUITE A
ROHNERT,CA94928 		N/A PC DISCRETIONARY GRANT - GWEN LILLIS (GENERAL OPERATING) 1,000

PEPPERS SENIOR DOG SANCTUARY

7000 ROXBOROUGH PARK RD
LITTLETON,CO80125 		N/A PC DISCRETIONARY GRANT - GWEN LILLIS (GENERAL OPERATING) 1,000
REGIS UNIVERSITY


SCHOLARSHIP OFFICE 3333 REGIS
BOULEVARD A-8
DENVER,CO802211099 		NONE I SCHOLARSHIP GRANT - KYA WILLIAMS 4,000
REGIS UNIVERSITY


SCHOLARSHIP OFFICE 3333 REGIS
BOULEVARD A-8
DENVER,CO802211099 		NONE I SCHOLARSHIP GRANT - RYLEE LUNDGREN 8,000

ROBBIE'S HOPE

3441 YOUNGFIELD ST SUITE 267
WHEAT RIDGE,CO80033 		N/A PC DISCRETIONARY GRANT - GENEVA LILLIS (GENERAL OPERATING) 1,000

ROBBIE'S HOPE

3441 YOUNGFIELD ST SUITE 267
WHEAT RIDGE,CO80033 		N/A PC DISCRETIONARY GRANT - TIM LILLIS (GENERAL OPERATING) 1,000

ROCKY MOUNTAIN BUTTERFLY CONSORTIUM

6252 WEST 104TH AVENUE
WESTMINSTER,CO80020 		N/A PC DISCRETIONARY GRANT - TIM LILLIS (GENERAL OPERATING) 1,000

SLOPPY KISSES ANIMAL RESCUE

7425 S COUNTY RD 129
BENNETT,CO80102 		N/A PC DISCRETIONARY GRANT - CARRIE KNOX (GENERAL OPERATING) 1,500
STETSON UNIVERSITY


NORTH WOODLAND BLVD UNIT 8348
DELAND,FL32723 		NONE I SCHOLARSHIP GRANT - MARVEL OLSON 5,500
STUDENT ACCOUNTS OREGON STATE UNIVE


PO BOX 1087
CORVALLIS,OR97340 		NONE I SCHOLARSHIP - ELLIE VANGORDER 5,334

TEROLYN HORSE RESCUE

47480 CO RD 29
ELIZABETH,CO80107 		N/A PC DISCRETIONARY GRANT - JESSICA ISAACS (GENERAL OPERATING) 1,000

THE BLUE BENCH

PO BOX 18951
DENVER,CO80218 		N/A PC DISCRETIONARY GRANT - GENEVA LILLIS (GENERAL OPERATING) 1,500

THE CHILDREN'S HOSPITAL FOUNDATION

13123 EAST 16TH AVENUE
AURORA,CO80045 		N/A PC DISCRETIONARY GRANT - CHUCK LILLIS (GENERAL OPERATING) 4,000

THE INDEPENDENT CHARITABLE GIFT FUND (IGIFT)

110 W STREETSBORO ST STE 2A
HUDSON,OH44236 		N/A PC DONOR ADVISED FUND 50,000

THE LITERACY PROJECT ADMINISTRATIVE OFFICE

15 BANK ROW SUITE C
GREENFIELD,MA01301 		N/A PC DISCRETIONARY GRANT - GWEN LILLIS (GENERAL OPERATING) 1,000
THE REGENT OF UNIVERSITY OF COLORAD


13120E19THAVE ROOM 3120A
AURORA,CO80045 		NONE I SCHOLARSHIP GRANT - BAILEY WALTERS 500
THE UNIVERSITY OFFICE OF SCHOLARSHI


ADMINISTRATION BUILDING ROOM 208 P
O BOX 210067
TUCSON,AZ857210067 		NONE I SCHOLARSHIP GRANT - SHAE HENLEY 3,000

THE WILD HORSE REFUGE

24319 COUNTY ROAD 17
CRAIG,CO802313298 		N/A PC DISCRETIONARY GRANT - GWEN LILLIS (GENERAL OPERATING) 1,000
UNC- CHAPEL HILLS


450 RIDGE RD SUITE 2215 CB 1400
CHAPEL HILL,NC275991400 		NONE I SCHOLARSHIP GRANT - SONRISA SCOTT 2,000
UNDERGRADUATE FINANCIAL AID OFFICE


PO BOX 591 PRINCETON UNIVERSITY
PRINCETON,NJ085420591 		NONE I SCHOLARSHIP GRANT - EMILIA PICKERILL 3,500
UNIVERSITY OF CALIFORNIA IRVINE


UC REGENTS UCI PAYMENT SERVICES 228
ALDRICH HALL
IRVINE,CA926971976 		NONE I SCHOLARSHIP GRANT - BRANDON DANG 5,667
UNIVERSITY OF COLORADO AT BOULDER


SCHOLARSHIP SERVICES 77 UCB
BOULDER,CO803090077 		NONE I SCHOLARSHIP GRANT - ADRIONA SALGADO 3,500
UNIVERSITY OF COLORADO AT BOULDER


SCHOLARSHIP SERVICES 77 UCB
BOULDER,CO803090077 		NONE I SCHOLARSHIP GRANT - ISABEL FLENARD 4,000
UNIVERSITY OF COLORADO AT BOULDER


SCHOLARSHIP SERVICES 77 UCB
BOULDER,CO803090077 		NONE I SCHOLARSHIP GRANT - JOEY ANDERSON 1,250
UNIVERSITY OF COLORADO AT CO SPRING


1420 AUSTIN BLUFFS PARKWAY
COLORADO SPRINGS,CO809183733 		NONE I SCHOLARSHIP GRANT - GABRIELLE MARJOCOS 2,655
UNIVERSITY OF COLORADO AT CO SPRING


1420 AUSTIN BLUFFS PARKWAY
COLORADO SPRINGS,CO809183733 		NONE I SCHOLARSHIP GRANT - MONICA DIHN 2,500
UNIVERSITY OF COLORADO DENVER ANSCH


13120E19THAVE ROOM 3120A
AURORA,CO80045 		NONE I SCHOLARSHIP GRANT - KATHLEEN LE 1,000
UNIVERSITY OF IOWA


2700 UNIVERSITY CAPITOL CENTRE
IOWA CITY,IA52242 		NONE I SCHOLARSHIP GRANT - LYNDSEY MEKELBURG 3,500
UNIVERSITY OF MONTANA


FINANCIAL AID OFFICE 32 CAMPUS
DRIVE
MISSOULA,MA59812 		NONE I SCHOLARSHIP GRANT - EMMA FISHER 6,000
UNIVERSITY OF NEBRASKA AT LINCOLN


17 CANFIELD ADMINISRATION BLDG 501
NORTH 14TH STREET
LINCOLN,NE68508 		NONE I SCHOLARSHIP GRANT - KIERRA EHNES 2,000
UNIVERSITY OF NEBRASKA AT LINCOLN


17 CANFIELD ADMINISRATION BLDG 501
NORTH 14TH STREET
LINCOLN,NE68508 		NONE I SCHOLARSHIP GRANT - LOGAN EDSON 3,000
UNIVERSITY OF NEW HAVEN


ONE STOP C/O BURSARS OFFICE 300
BOSTON POST ROAD
WEST HAVEN,CT06516 		NONE I SCHOLARSHIP GRANT - GENEVIEVE DE LONG 1,500
UNIVERSITY OF NORTHERN COLORADO


CASHIERS OFFICE CAMPUS BOX 14
GREELEY,CO80639 		NONE I SCHOLARSHIP GRANT - BROOKE POGORELEC 2,100

UNIVERSITY OF PUGET SOUND

1500 N WARREN ST 1067
TACOMA,WA984161056 		N/A PC DISCRETIONARY GRANT - JESSICA ISSAACS (GENERAL OPERATING) 3,000
UNIVERSITY OF WYOMING


1000 EAST UNIVERSITY AVE DEPARTMENT
3335
LARAMIE,WY820713335 		NONE I SCHOLARSHIP GRANT - CAMRYN LELAND 2,500

US DEPARTMENT OF EDUCATION

PO BOX 790322
ST LOUIS,MO631790322 		N/A PC LOAN FORGIVENESS - KATHLEEN LE 5,000
UTAH STATE UNIVERSITY


LB410033 USU SCHOLARSHIPS OFFICE PO
BOX 35146
SEATTLE,WA981245146 		NONE I SCHOLARSHIP GRANT - KIMBERLY GUERRERO 4,000
VASSAR COLLEGE


FINANCIAL AID OFFICE BOX 8 124
RAYMOND AVE
POUGHKEEPSIE,NY12604 		NONE I SCHOLARSHIP GRANT - GRETCHEN BECKER 1,000

WELLSPRING COMMUNITY

826 PARK STREET
CASTLE ROCK,CO80109 		N/A PC DISCRETIONARY GRANT - LORI HOFF (GENERAL OPERATING) 2,000
WEST TEXAS AM UNIVERSITY


ACCOUNTING BUSINESS OFFICE WT BOX
60999
CANYON,TX79016 		NONE I SCHOLARSHIP GRANT - JAYCI MEKELBURG 3,750
WEST VIRGINIA UNIVERSITY


WVU HUB EVANS DALE CROSSING ROOM
200 PO BOX 6004
MORGANTOWN,WV26506 		NONE I SCHOLARSHIP GRANT - SIERRA KEIF 7,000
WESTERN STATE COLORADO UNIVERSITY


CASHIERS OFFICE 600 NORTH ADAMS
STREET
GUNNISON,CO81231 		NONE I SCHOLARSHIP GRANT - ABIGAIL GRIDLEY 1,000

YUMA HIGH SCHOOL

1000 S ALBANY
YUMA,CO80759 		N/A PC GRANT - STUDENT ASSISTANCE FUND 23-24 3,000
Total .................................right arrow 3a 382,505
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 6,313  
4 Dividends and interest from securities ....     14 133,084  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 92,363  
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) .. 0 231,760 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
231,760
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
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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.
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Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
LILLIS FOUNDATION
EIN:
91-6520620
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEES 11,768 0   11,768
ACCOUNTING SERVICES 2,194 0   2,194

TY 2023 AppliedToPriorYearElection
Name:
LILLIS FOUNDATION
EIN:
91-6520620
Election:
THE FOUNDATION IS MAKING AN ELECTION UNDER SECTION 53.4942(A)- 3(D)2 TO TREAT THE CURRENT YEAR DISTRIBUTION AS MADE OUT OF UNDISTRIBUTED INCOME FOR 2012.

TY 2023 InvestmentsCorpStockSchedule
Name:
LILLIS FOUNDATION
EIN:
91-6520620
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBVIE INC 455 SH 53,110 70,511
ALPHABET INC CLASS A 440 SH 11,147 61,465
ALPHABET INC CLASS C 480 SH 12,088 67,646
AMAZON.COM INC 740 SH 28,816 112,436
AMGEN INC 320 SH 65,174 92,166
APPLE INC COM 1,415 SH 27,591 272,430
APPLIED MATERIALS 859 SH 99,893 139,218
CANADIAN PAC RAILWAY 490 SH 35,500 38,739
CATERPILLAR INC COM 345 SH 50,111 102,006
CHEVRON CORP 480 SH 79,312 71,597
CHURCH & DWIGHT CO INC 840 SH 79,565 79,430
CROWDSTRIKE HLDGS INC 165 SH 39,534 42,128
CUMMINS INC 950 SH 145,859 227,592
DANAHER CORP 2,085 SH 44,418 482,344
GENERAL DYNAMICS CO 400 SH 89,813 103,868
GILEAD SCIENCES INC 790 SH 53,254 63,998
HOME DEPOT INC 575 SH 105,244 199,266
HONEYWELL INTL INC 1,170 SH 166,506 245,361
ILLINOIS TOOL WORKS 805 SH 64,119 210,862
JOHNSON & JOHNSON 1,200 SH 115,882 188,088
LOCKHEED MARTIN CORP 500 SH 40,254 226,620
MASTERCARD INC 490 SH 36,058 208,990
MERCK & CO, INC. 910 SH 79,652 99,208
MICROSOFT CORP 835 SH 175,111 313,993
NVIDIA CORP 760 SH 68,020 376,367
PEPSICO INC 380 SH 49,947 64,539
RIO TINTO PLC 1,175 SH 80,612 87,491
RTX CORP 870 SH 49,942 73,202
SOMALOGIC 100,572 SH 205,200 254,447
TAIWAN SEMINCONDUCTOR MANUFACTURING 4,305 SH 115,696 447,720
THERMO FISHER SCIENTIFIC 877 SH 72,635 465,503
TJX COMPANIES INC 3,825 SH 16,228 358,823
UNITEDHEALTH GRP INC 185 SH 101,584 97,397
VERTEX PHARMACEUTICAL 290 SH 53,865 117,998
VISA INC 835 SH 131,263 217,392

TY 2023 InvestmentsOtherSchedule2
Name:
LILLIS FOUNDATION
EIN:
91-6520620
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ARROWMARK INCOME OPPORTUNITY FUND QP, LTD. - 200 CLASS A SERIES A-1 SHARES AT COST 117,309 174,768
BLACKSTONE REAL ESTATE INCOME TRUST INC CL S AT COST 249,842 489,576
CK OPPORTUNITIES OFFSHORE FUND AT COST 202,379 392,612
ESCALANTE LIFECYCLE FUND II AT COST 200,000 200,000
FTV FUND IV, L.P. AT COST 0 192,058
FTV FUND VI, L.P. AT COST 220,467 373,149
FTV FUND VII, L.P AT COST 161,000 161,001
GOLUB CAPITAL PARTNERS AT COST 110,045 316,070
GSO PRIVATE INVESTORS OFFSHORE II, LP CLASS B AT COST 18,240 15,699
KWK PARTNERS OFFSHORE, LTD. - 231.28 SH. CLASS A SERIES 1 SHARES AT COST 200,000 550,758
OAK STREET REAL ESTATE CAPITAL FUND V AT COST 167,992 234,202
OAK STREET REAL ESTATE CAPITAL FUND VI AT COST 34,878 29,556
OAKTREE SSF FUND II, L.P. AT COST 228,179 466,177
PE PREMIER OAKTREE SSF III OFFSHORE, L.P. AT COST 101,754 103,011
PE PREMIER VINTAGE SECONDARY STRATEGIES III OFFSHORE, L.P. AT COST 12,517 20,734
PROSHARES S&P 500 DIV 1,505 SH AT COST 100,005 143,276
SA ACQUISITIONS FUND AT COST 371,466 375,605

TY 2023 OtherExpensesSchedule
Name:
LILLIS FOUNDATION
EIN:
91-6520620
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES & SUBSCRIPTIONS 540 0   540
OFFICE SUPPLIES AND EXPENSES 2,707 0   2,707
POSTAGE 1,508 0   1,508
BANK FEES 268 100   168
DIRECT CHARITABLE ACTIVITIES 7,709 0   7,709
INSURANCE 1,406 0   1,406
THRU SCHEDULE K-1S 0 23,721   0
PAYROLL PROCESSING FEES 4,154 0   4,154
WEBSITE DEVELOPMENT 1,040 0   1,040
OTHER INVESTMENT EXPENSES 385 385   0
ADR FEES 12 12   0


TY 2023 OtherIncomeSchedule2
Name:
LILLIS FOUNDATION
EIN:
91-6520620
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PORTFOLIO INCOME THRU K-1   8,694  


TY 2023 OtherProfessionalFeesSchedule
Name:
LILLIS FOUNDATION
EIN:
91-6520620
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
IT SUPPORT 15,045 0   15,045
ADMINISTRATION 14,650 0   14,650


TY 2023 TaxesSchedule
Name:
LILLIS FOUNDATION
EIN:
91-6520620
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 1,699 1,699   0
EXCISE TAX 17,000 0   0