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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
PEMA FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)770 HIGH STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DENVER, CO80218
A Employer identification number

30-0202608
B Telephone number (see instructions)

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$37,936,947J 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) 2,400,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 48,809 48,809  
4 Dividends and interest from securities... 703,884 703,547  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 997,452
b Gross sales price for all assets on line 6a 8,239,854
7 Capital gain net income (from Part IV, line 2)... 997,452
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).......      
12 Total. Add lines 1 through 11........ 4,150,145 1,749,808  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,960 1,764   196
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
213,031 213,031   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
32,292 7,292   0
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
5,760 4,313   1,447
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 253,043 226,400   1,643
25 Contributions, gifts, grants paid....... 6,500,200 6,500,200
26 Total expenses and disbursements. Add lines 24 and 25 6,753,243 226,400   6,501,843
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,603,098
b Net investment income (if negative, enter -0-) 1,523,408
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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............. 3,778,078 2,426,490 2,426,490
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow139,230
Less: allowance for doubtful accounts right arrow   133,667 139,230 139,230
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)....... 6,816,253 Click to see attachment
List of Attached Documents:
// Content
7,882,769 		8,316,348
c Investments—corporate bonds (attach schedule)....... 15,388,728 Click to see attachment
List of Attached Documents:
// Content
13,062,654 		26,771,334
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).......... 329,918 Click to see attachment
List of Attached Documents:
// Content
292,953 		283,545
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) 26,446,644 23,804,096 37,936,947
Liabilities 17 Accounts payable and accrued expenses.......... 42,663 3,213
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)......... 42,663 3,213
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 3,845,434 3,845,434
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 22,558,547 19,955,449
29 Total net assets or fund balances (see instructions)..... 26,403,981 23,800,883
30 Total liabilities and net assets/fund balances (see instructions). 26,446,644 23,804,096
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
26,403,981
2
Enter amount from Part I, line 27a .....................
2
-2,603,098
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
23,800,883
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
23,800,883
Form 990-PF (2024)
Form 990-PF (2024)
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 AMG 0167 P    
b AMG 0167 P    
c AMG 3528 P    
d AMG 3528 P    
e 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 2,061,299   1,929,218 132,081
b 1,870,389   1,869,457 932
c 1,275,304   1,212,199 63,105
d 2,928,364   2,231,528 696,836
e 104,498     104,498
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       132,081
b       932
c       63,105
d       696,836
e       104,498
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 2 997,452
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 21,175
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 21,175
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 21,175
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 37,657
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 57,657
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
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 36,482
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow36,482 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
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 arrowDE
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 2024 or the taxable year beginning in 2024? 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 arrowAMG NATIONAL TRUST BANK Telephone no.right arrow (303) 694-2190

Located atright arrow6295 GREENWOOD PLAZA BLVDGREENWOOD VILLAGECO ZIP+4right arrow801114908
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 2024, 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 (2024)
Form 990-PF (2024)
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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
PETER H COORS DIRECTOR
0.50 		0 0 0
770 HIGH STREET
DENVER,CO80218
MARILYN E COORS DIRECTOR
0.50 		0 0 0
770 HIGH STREET
DENVER,CO80218
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 (2024)
Form 990-PF (2024)
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 (2024)
Form 990-PF (2024)
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
33,883,639
b
Average of monthly cash balances.......................
1b
1,965,835
c
Fair market value of all other assets (see instructions)................
1c
297,134
d
Total (add lines 1a, b, and c).........................
1d
36,146,608
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
36,146,608
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
542,199
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
35,604,409
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,780,220
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
1,780,220
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
21,175
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
21,175
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,759,045
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,759,045
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
1,759,045
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
6,501,843
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
6,501,843
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 1,759,045
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 772,265
b From 2020...... 275,792
c From 2021...... 5,540
d From 2022...... 1,143,116
e From 2023...... 1,043,537
f Total of lines 3a through e ........ 3,240,250
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 6,501,843
a Applied to 2023, but not more than line 2a 0
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 2024 distributable amount..... 1,759,045
e Remaining amount distributed out of corpus 4,742,798
5 Excess distributions carryover applied to 2024. 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 7,983,048
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		772,265
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		7,210,783
10 Analysis of line 9:
a Excess from 2020.... 275,792
b Excess from 2021.... 5,540
c Excess from 2022.... 1,143,116
d Excess from 2023.... 1,043,537
e Excess from 2024.... 4,742,798
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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).)
PETER H COORS
MARILYN E COORS
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or 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 (2024)
Form 990-PF (2024)
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

ACE SCHOLARSHIPS

1201 E COLFAX AVE
DENVER,CO80218 		NONE EXEMPT EDUCATION 124,250

ALZHEIMER'S ASSOCIATION

455 N SHERMAN ST STE 500
DENVER,CO80203 		NONE EXEMPT MEDICAL 600

AMERICAN ENTERPRISE INSTITUTE

1150 17TH ST NW
WASHINGTON,DC20036 		NONE EXEMPT COMMUNITY SERVICE 256,000

AMERICAN FRIENDS OF ISRAEL NAVY SEALS

138 W 133RD STREET
NEW YORK,NY10030 		NONE EXEMPT MILITARY 5,000

AMERICAN RED CROSS

444 N SHERMAN ST
DENVER,CO80203 		NONE EXEMPT COMMUNITY SERVICE 10,000

ARCHBISHOP'S CATHOLIC APPEAL

PO BOX 100316
DENVER,CO80250 		NONE EXEMPT RELIGIOUS 50,000

CATHOLIC CHARITIES

4045 PECOS STREET
DENVER,CO80211 		NONE EXEMPT COMMUNITY 15,000

CELL-CO REMEMBERS 911

1385 CURTIS STREET
DENVER,CO80204 		NONE EXEMPT COMMUNITY 10,000

CHOSEN AND DEARLY LOVED

16301 NE 8TH STREET STE 201
BELLEVUE,WA98008 		NONE EXEMPT COMMUNITY 25,000

COLORADO CONCERN

1391 SPEER BLVD SUITE 450
DENVER,CO80204 		NONE EXEMPT COMMUNITY 10,000

COLORADO DOMINICAN VOCATION FOUNDATION

3005 W 29TH AVENUE
DENVER,CO80211 		NONE EXEMPT RELIGIOUS 6,000

COMMON SENSE INSTITUTE

6295 GREENWOOD PLAZA 100
GREENWOOD VILLAGE,CO80111 		NONE EXEMPT EDUCATION 20,000

DENVER ART MUSEUM

100 W 14TH AVE PKWY
DENVER,CO802042788 		NONE EXEMPT COMMUNITY 30,000

DENVER BOTANIC GARDENS

1007 YORK STREET
DENVER,CO80206 		NONE EXEMPT COMMUNITY 3,750

DENVER POLICE FOUNDATION

1700 LINCOLN STREET STE 4100
DENVER,CO80203 		NONE EXEMPT COMMUNITY 10,000

DENVER RUSTLERS

1235 ELATI ST
DENVER,CO80204 		NONE EXEMPT COMMUNITY 18,000

DUCKS UNLIMITED

3648 HEATHERWOOD WAY
EVERGREEN,CO80439 		NONE EXEMPT COMMUNITY 120,000

ENDOW

6021 SOUTH SYRACUSE WAY SUITE 220
GREENWOOD VILLAGE,CO80111 		NONE EXEMPT RELIGIOUS 100,000

FAMILY FOR FAMILIES

14143 DENVER WEST PKWY STE 400
GOLDEN,CO80401 		NONE EXEMPT COMMUNITY 50,000

FIRE FIGHTERS FOUNDATION

12 LAKESIDE LANE STE 200
DENVER,CO80212 		NONE EXEMPT COMMUNITY 5,000

HISTORY COLORADO PHILANTHROPY

1200 N BROADWAY
DENVER,CO80203 		NONE EXEMPT EDUCATION 2,500

INDEPENDENCE INSTITUTE

4 WEEMS LANE 312
WINCHESTER,VA22601 		NONE EXEMPT COMMUNITY 20,000

INDEPENDENT WOMEN'S FORUM

4 WEEMS LANE 312
WINCHESTER,VA22601 		NONE EXEMPT COMMUNITY 5,000

INTERNATIONAL FELLOWSHIP OF CHRISTIANS AND JEWS

303 E WACKER DR SUITE 2300
CHICAGO,IL60601 		NONE EXEMPT COMMUNITY 1,000

JUNIOR ACHIEVEMENT

1445 MARKET ST SUITE 200
DENVER,CO80202 		NONE EXEMPT COMMUNITY 112,500

MASTER'S TOURNAMENT FOUNDATION

PO BOX 2444
AUGUSTA,GA30903 		NONE EXEMPT COMMUNITY 10,000

MEDIA RESEARCH CENTER

2340 DULLES CORNER BLVD SUITE 1000
HERNDON,VA20171 		NONE EXEMPT COMMUNITY 68,000

MERCURY ONE

PO BOX 121925
DALLAS,TX75312 		NONE EXEMPT COMMUNITY 10,000

MIZEL INSTITUTE

400 S CARNEY STREET
DENVER,CO80224 		NONE EXEMPT EDUCATION 10,000

NATIONAL CATHOLIC BIOETHICS CENTER

6399 DREXEL ROAD
PHILADELPHIA,PA19151 		NONE EXEMPT HEALTH 50,000

NATIONAL JEWISH HEALTH

1400 JACKSON ST
DENVER,CO80206 		NONE EXEMPT HEALTH 12,000

NATIONAL WESTERN STOCK SHOW

4655 HUMBOLDT STREET
DALLAS,CO802162818 		NONE EXEMPT COMMUNITY 532,600

NAVY SEAL FOUNDATION

1619 D STREET BLDG 5326
VIRGINIA BEACH,VA23459 		NONE EXEMPT COMMUNITY 25,000

OBLATE SCHOOL OF THEOLOGY

285 OBLATE DR
SAN ANTONIO,TX78216 		NONE EXEMPT RELIGIOUS 3,000

PHILLIPS EXETER ACADEMY

20 MAIN STREET
EXETER,NH03833 		NONE EXEMPT CHARITABLE 10,000

ROCKY MOUNTAIN HYPERBARIC ASSOCIATION FOR BRAIN INJURIES

225 W SOUTH BOULDER ROAD
LOUISVILLE,CO80027 		NONE EXEMPT HEALTH 10,000

SEEDS OF HOPE

1300 S STEELE ST
DENVER,CO80210 		NONE EXEMPT COMMUNITY 25,000

SHADOW WARRIORS PROJECT

15054 JACKSON CREEK PARKWAY STE B
564
MONUMENT,CO80132 		NONE EXEMPT COMMUNITY 10,000

SOPHIA INSTITUTE

BOX 5284
MANCHESTER,NH03108 		NONE EXEMPT COMMUNITY 150,000

ST JOHN VIANNEY THEOLOGICAL SEMINARY

1300 S STEELE ST
DENVER,CO80210 		NONE EXEMPT EDUCATION 250,000

STEAMBOAT INSTITUTE

PO BOX 883037
STEAMBOAT SPRINGS,CO80488 		NONE EXEMPT COMMUNITY 25,000

TAPS

3033 WILSON BLVD SUITE 630
ARLINGTON,VA22201 		NONE EXEMPT COMMUNITY 10,000

THE CATHOLIC FOUNDATION

3801 E FLORIDA AVENUE STE 909
DENVER,CO80210 		NONE EXEMPT RELIGIOUS 4,250,000

THE DAWN REDWOODS CHARITABLE TRUST

ONE BLACKFIELD DRIVE SUITE 331
TIBURON,CA949202053 		NONE EXEMPT COMMUNITY 500

THE LABOURE SOCIETY

1365 CORPORATE CENTER CURVE
ST PAUL,MN55121 		NONE EXEMPT RELIGIOUS 2,500

THE ROSARY TEAM

2845 SHOSHONE TRL
LAFAYETTE,CO80026 		NONE EXEMPT RELIGIOUS 5,000

TRINITY LUTHERAN

4225 W YALE AVE
DENVER,CO80219 		NONE EXEMPT RELIGIOUS 5,000

UNIVERSITY OF DENVER

2201 SOUTH GARDLAND ST
DENVER,CO80208 		NONE EXEMPT EDUCATION 11,000

USGA FOUNDATION

77 LIBERTY CORNER ROAD
LIBERTY CORNER,NJ07938 		NONE EXEMPT COMMUNITY 1,000

US SKI AND SNOWBOARD

PO BOX 100
PARK CITY,UT84060 		NONE EXEMPT HEALTH 5,000
Total .................................right arrow 3a 6,500,200
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
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 48,809  
4 Dividends and interest from securities ....     14 703,884  
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 ............ 		    18 997,452  
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 1,750,145 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,750,145
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
PEMA FOUNDATION INC
 
Employer identification number

30-0202608
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
PEMA FOUNDATION INC
  		Employer identification number
30-0202608
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
PETER H AND MARILYN E COORS
 
770 HIGH STREET
 
DENVER, CO80218

$ 2,400,000


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
PEMA FOUNDATION INC
  		Employer identification number

30-0202608
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
PEMA FOUNDATION INC
  		Employer identification number

30-0202608
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
PEMA FOUNDATION INC
EIN:
30-0202608
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
2023 TAX PREPARATION & ACCOUNTING FEES 1,960 1,764   196

TY 2024 InvestmentsCorpBondsSchedule
Name:
PEMA FOUNDATION INC
EIN:
30-0202608
Name of Bond End of Year Book Value End of Year Fair Market Value
AMG IMA - CHAMPLAIN SMALL CO FD -ADV 100,379 122,248
AMG IMA - GRAPHIC PACKAGING HOLDING CO 1 801,220
AMG IMA - HARBOR MID CAP VALUE FUND #023 911,467 1,519,440
AMG IMA - ARISTOTLE SMALL CAP EQUITY FUND CL I 633,007 888,249
AMG IMA - ISHARES RUSSELL MIDCAP INDEX 2,817,585 5,754,928
AMG IMA - ISHARES TRUST RUSSELL 2000 1,661,869 2,762,000
AMG IMA - MOLSON COORS BREWING CO -B 632,213 1,315,150
AMG IMA - SPDR S&P 500 ETF TRUST 2,199,926 6,193,693
AMG IMA - T ROWE PRICE MID-CAP GROWTH #64 136,373 243,633
AMG IMA - US BANKCORP DEL COM NEW 1 1,052,260
AMG IMA - VANGUARD DIVIDEND APPREC ETF 3,969,833 6,118,513

TY 2024 InvestmentsCorpStockSchedule
Name:
PEMA FOUNDATION INC
EIN:
30-0202608
Name of Stock End of Year Book Value End of Year Fair Market Value
AMG GLOBAL DIV - ALIBABA GROUP 232,229 263,612
AMG GLOBAL DIV - AMERICAN ELECTRIC POWER CO 128,723 137,423
AMG GLOBAL DIV - BARCLAYS PLC 87,992 154,789
AMG GLOBAL DIV - BAXTER INTERNATIONAL 264,394 215,172
AMG GLOBAL DIV - BAYER A G SPONSORED ADR 249,460 131,845
AMG GLOBAL DIV - BRITISH AMERN TOB PLC 263,050 254,458
AMG GLOBAL DIV - BRISTOL-MYERS SQUIBB 302,297 341,792
AMG GLOBAL DIV - CITIGROUP INC 219,791 310,842
AMG GLOBAL DIV - CSX CORP 189,280 179,486
AMG GLOBAL DIV - CVS HEALTH CORP 283,654 218,031
AMG GLOBAL DIV - CHEVRON CORP 184,160 174,967
AMG GLOBAL DIV - DAIKAN INDUSTRIES 109,105 106,643
AMG GLOBAL DIV - DANONE SPONSORED ADR 80,447 90,464
AMG GLOBAL DIV - WALT DISNEY COMPANY 81,859 99,770
AMG GLOBAL DIV - DOLLAR GENERAL 184,055 115,701
AMG GLOBAL DIV - DOMINION RES INC 129,391 149,300
AMG GLOBAL DIV - DOW INC 255,503 203,339
AMG GLOBAL DIV - FEDEX CORP 139,438 175,831
AMG GLOBAL DIV - GILEAD SCIENCES INC 210,421 280,528
AMG GLOBAL DIV - GSK PLC SPAN ADS 161,373 151,175
AMG GLOBAL DIV - IMPERIAL BRANDS PLC 231,848 336,910
AMG GLOBAL DIV - INFINEON TECHNOLOGIES 118,039 114,485
AMG GLOBAL DIV - JOHNSON & JOHNSON 84,360 81,421
AMG GLOBAL DIV - KENVUE INC 284,642 317,837
AMG GLOBAL DIV - L3HARRIS TECHNOLOGIES INC 176,208 207,757
AMG GLOBAL DIV - LLOYDS TSV GROUP 167,135 213,898
AMG GLOBAL DIV - MURATA MANUFACTURING CO LTD 189,388 168,870
AMG GLOBAL DIV - NATIONAL GRID PLC 93,995 82,534
AMG GLOBAL DIV - NEWMONT MINING CORP 162,931 156,659
AMG GLOBAL DIV - OCCIDENTAL PETROLEUM CORP COMMON STOCK 316,082 264,541
AMG GLOBAL DIV - OCCIDENTAL PETROLEUM WT EXP 1 18,872
AMG GLOBAL DIV - PPL CORP 126,842 155,029
AMG GLOBAL DIV - PRUDENTIAL PLC ADR 147,850 118,514
AMG GLOBAL DIV - RECKITT BENCKISER GROUP PLC 205,880 182,861
AMG GLOBAL DIV - ROCHE HOLDING LTD SPN ADRF 1 202,310 184,416
AMG GLOBAL DIV - CHARLES SCHWAB CORP 86,882 125,891
AMG GLOBAL DIV - SHINHAN FINANCIAL 118,521 108,767
AMG GLOBAL DIV - SKYWORKS SOLUTIONS INC 180,372 152,530
AMG GLOBAL DIV - TRUIST FINANCIAL CORP 178,918 269,260
AMG GLOBAL DIV - TYSON FOODS 133,534 127,861
AMG GLOBAL DIV - VERIZON COMMUNICATIONS 271,274 272,452
AMG GLOBAL DIV - VF CORP 93,994 168,525
AMG GLOBAL DIV - GLENCORE PLC 30,505 77,788
AMG GLOBAL DIV - WARNER BROS 236,923 322,618
AMG GLOBAL DIV - WILLIS TOWERS WATSON PLC 98,204 149,729
AMG GLOBAL DIV - ZIMMER BIOMET 189,509 181,155

TY 2024 InvestmentsOtherSchedule2
Name:
PEMA FOUNDATION INC
EIN:
30-0202608
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ANCHORAGE VENTURE FUND V LLLP AT COST 11,508 2,100
IBEX ISRAEL VC LP AT COST 281,445 281,445

TY 2024 OtherExpensesSchedule
Name:
PEMA FOUNDATION INC
EIN:
30-0202608
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOUNDATION EXPENSES 2,875 1,438   1,437
BANK FEES 20 10   10
LOSS ON PARTNERSHIP 2,865 2,865   0


TY 2024 OtherProfessionalFeesSchedule
Name:
PEMA FOUNDATION INC
EIN:
30-0202608
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 213,031 213,031   0


TY 2024 TaxesSchedule
Name:
PEMA FOUNDATION INC
EIN:
30-0202608
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 7,292 7,292   0
2023 990-PF EXTENSION PAYMENT 25,000 0   0