2023-10-06T17:24:24-05:00 2022-12-31 760269860 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 77027 990PF 2022-01-01 742517850 Ryobi Foundation RYOB 9196193295 13110 Highway 82 Carbondale CO 81623 Barbara Hapgood CEO 9196193295 2023-10-06 1 Barbara Hapgood 999009999 0 Kurt Coburn P01638285 7134395739 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X 402985102 X 73190 43707 43707 43707 729105 729105 729105 -871761 23851628 0 0 54271 429 54271 28512 773241 827083 370000 0 0 370000 406174 0 53423 352751 7058 0 0 7058 236 0 0 236 9227 4614 4614 4613 200016 200016 200016 0 39630 19130 19130 20500 303178 0 0 194186 0 0 194186 49122 0 0 49122 3176 0 0 3176 581148 13714 15161 565987 2163151 237474 292344 1567629 0 0 2163151 237474 292344 1567629 -2134639 535767 534739 26522 31775 31775 2861705 4241273 4241273 1495410 1782433 1671028 48459014 44143988 47310174 1279053 946579 870702 0 101675 116906 15378524 2755995 11915857 12622529 17468019 227911225 227956225 331275225 293948786 291826477 402985102 6747002 6747002 6747002 6747002 X 0 0 0 0 287201784 285079475 287201784 285079475 293948786 291826477 287201784 -2134639 12330 285079475 0 285079475 Publicly traded securities 23849130 24723389 -874259 -874259 From Sch K-1 (Form 1065) P 2457 2457 2457 -871802 -1820233 7447 0 7447 0 7447 7357 0 6000 0 13357 X 0 5910 5910 0 0 0 0 0 0 0 0 0 0 0 1 1 CO 1 1 0 0 0 1 www.powersartcenter.org Barbara J Hapgood 9709634445 13110 Highway 82 Carbondale CO 81623 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Barbara J Hapgood 13110 Highway 82 Carbondale CO 81623 CEO 40.00 300000 0 0 James T Bohart Jr 13110 Highway 82 Carbondale CO 81623 Treasurer 20.00 30000 0 0 Matt Hapgood 13110 Highway 82 Carbondale CO 81623 Board Member 20.00 20000 0 0 Holly Bohart 13110 Highway 82 Carbondale CO 81623 Board Member 20.00 20000 0 0 Melissa T English 13110 Highway 82 Carbondale CO 81623 Powers Art Center Di 40.00 94234 4712 0 Sonya Taylor Moore 13110 Highway 82 Carbondale CO 81623 Director of Educatio 40.00 78569 3928 0 Jesse Steindler 13110 Highway 82 Carbondale CO 81623 Director of Operatio 40.00 75000 0 0 0 FUSE Architecture Interior 220 East Colorado Ave Suite 304 Telluride CO 81435 Architectural services 620913 Bessemer Trust Co NA 630 Fifth Avenue New York NY 10111 Investment management 200016 Accent On Tops & Cabinetry 6460 County Road 335 New Castle CO 81647 Cabinetry design 63719 Aros LLC 7711 W 6th Ave Unit E Denver CO 80214 Lighting design 51354 0 See Statement 15 2610148 0 55055463 3284394 70053 58409910 0 0 58409910 876149 57533761 2876688 X 1567629 0 1042519 2610148 X 534739 673238 468581 1434419 3110977 454528 572252 398294 1219256 2644330 2610148 1306730 4113589 781061 8811528 0 0 0 30000 30000 2610148 1306730 4113589 751061 8781528 402985102 416993113 406829616 271490967 1498298798 348743244 344982782 342493748 238525154 1274744928 0 0 0 0 0 X 0 0 Sale of donated items 54870 14 43707 14 729105 525990 41 18 -871802 K-1 Ordinary income 525990 -1028 14 429 -987 -98561 54870 -44678 1a The Powers Art Center promotes art appreciation and education through the sale of informational art books, pottery, and crystals from the former collection of John and Kimiko Powers. 0 0 0 0 0 0 0 0 0 0 X X 1 Matthew Hapgood 13 Friday Lane Chapel Hill NC 27514 72670 X 1 2016 Bobcat T770 Skid Steer and 72" Combination Bucket and 8811 Backhoe Attachment 72670 2022-09-01 Accounting and tax compliance 9227 4614 4614 4613 Furniture and Fixtures 2015-01-01 50871 38545 SL 5.000000000000 10174 0 0 Buildings 2015-01-01 10754150 1918741 SL 39.000000000000 275747 0 0 Machinery and Equipment 2008-10-01 583653 504320 SL 5.000000000000 8789 0 0 Land 2008-10-01 3065000 L 0 0 0 Furniture and Fixtures 2022-01-01 509 SL 5.000000000000 92 0 0 Buildings 2022-03-01 924341 SL 39.000000000000 8376 0 0 From Sch K-1 (Form 1065) Purchased 41 Cost 0 41 Activity One Part VIII-A, Direct Charitable Activities The Ryobi Foundation runs and operates the Powers Art Center, the Ryobi House, manages hundreds of acres of land under conservation easement, and works with other institutions to show art from artists that were part of the former collection of John and Kimiko Powers. The majority of the charitable activities are programs and exhibits through the Powers Art Center. In 2022, the Powers Art Center was open to the public year round, with public hours and designated group tours days. Much of the Powers Art Center highlights the life work of Jasper Johns, but also showcases a rotating exhibit of other artists from the esteemed former collection of John and Kimiko Powers. The foundation continues to acquire important works produced by Jasper Johns. To accompany the viewing of art, the Powers Art Center also supports an extensive library for studying modern art and runs educational videos about modern art. The Powers Art Center is free to the public for viewings and hosts field trips for elementary schools, middle schools, high schools, and the local community college. In addition to hosting school and student groups, the Ryobi Foundation hosted museum and art groups from a variety of institutions with the hope of creating stronger collaboration and making the collection available more widely. Examples of institutions visiting in 2022 included the Colorado Mountain College, Chicago Institute of Design, Anderson Ranch, the Denver Museum, the Aspen Art Museum, and the Aspen Community Foundation. During the summer of 2022, the Ryobi Foundation continued it children's art program on Thursdays and the last Saturday of the month. Last Saturday openings were then held year round. The Ryobi Foundation also launched a formal program working with art teachers in the Roaring Fork Valley to provide access and educational material to teachers and schools. In addition to creating a world of contemporary art for the community and broader public's enjoyment, the Ryobi Foundation maintains a working ranch that protects a traditional Colorado viewshed and provides conservation lands for wildlife. 45,000 AbbVie Inc 3.600% 14/05/2025 47708 43618 30,000 Air Lease Corp 5.850% 15/12/2027 29724 30009 25,000 Amazon.com Inc 3.600% 13/04/2032 24954 22931 30,000 American Express Co 3.950% 01/08/2025 29988 29399 25,000 Bank of America Corp 3.384% 02/04/2026 25033 23869 30,000 Bank of Montreal 4.170% 10/01/2025 30000 29467 30,000 BlackRock Inc 2.100% 25/02/2032 29733 24106 30,000 Capital One Financial Co 1.343% 06/12/2024 30000 28735 16,000 Caterpillar Financial Service 3.400% 13/05/2025 15979 15560 10,000 Caterpillar Financial Service 4.900% 17/01/2025 10007 10016 40,000 Charles Schwab Corp 2.000% 20/03/2028 40196 35108 25,000 Cintas Corporation No. 2 3.450% 01/05/2025 24994 24181 40,000 Citigroup Inc 3.668% 24/07/2028 44068 36737 40,000 Comcast Corp 3.950% 15/10/2025 42932 39159 25,000 D.R. 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Gallagher & Co. 300629 342200 194 ASM International N.V. 73416 48760 893 ASML Holding N.V. 492945 479854 89 Aspen Technology Inc 16258 18280 3,685 AstraZeneca PLC 501836 497980 319 Automatic Data Processing Inc 46043 76196 3,040 Avantor Inc 102349 64113 27,346 Bank of America Corp 771636 905698 1,916 Berkshire Hathaway Inc Cedear 663359 591852 1,380 BJ's Wholesale Club Holdings Inc 86510 91300 4,650 Blackstone Inc 387654 344981 275 Broadcom Inc 120039 153760 2,050 Brookfield Corp 95747 64493 486 Burlington Stores Inc 83936 98541 1,526 Cadence Design Systems Inc 165724 245136 5,665 Canadian Pacific Railway 399422 422448 1,594 Carlisle Companies, Inc. 307399 330457 345 Caterpillar Inc. 75809 82648 645 CDW common stock 73492 115184 1,277 ChampionX Corp 35760 37020 3,020 Charles Schwab Corporation Common Stock 155213 251445 224 Chipotle Mexican Grill, Inc. 334188 310797 1,646 Coca-Cola Co 80322 104702 1,739 Comcast Corporation 100800 60812 8,665 Consumer Staples Select Sector SPDR Fund 677086 645975 384 Cooper Companies Inc 98968 126977 3,950 Copart, Inc. 223978 240515 5,680 Corteva Inc 250886 333870 1,071 Costco Wholesale Corporation 344829 488911 2,188 Danaher Corporation 382151 580738 264 Deere & Company 52056 113192 650 Dollar General Corp 158768 160062 2,282 Dollarama Inc. 68498 133491 234 Domino's Pizza Inc 90915 81057 1,629 Eaton Corporation PLC 199513 255671 265 Elevance Health Inc 77646 135937 602 Equifax Inc 89267 117004 149 Estee Lauder Companies Inc 42689 36968 973 Expedia Group Inc 140797 85234 2,985 Fiserv Inc 314099 301693 1,185 Fortinet Inc 35197 57934 3,750 Freeport-McMoRan Inc 152547 142500 706 Genuine Parts Co 67740 122498 4,785 HDFC Bank Ltd 273754 327341 2,500 Health Care Select Sector SPDR Fund 346688 339624 315 Heico Corp 42475 48396 163 Hershey Co 18532 37745 1,294 Hilton Hotels Corporation Common Stock 133015 163509 256 Home Depot Inc 41613 80860 5,600 Howmet Aerospace Inc 203266 220696 323 Illinois Tool Works Inc. 39764 71156 272 Intuitive Surgical, Inc. 61631 72175 1,158 IQVIA Holdings Inc 171076 237262 2,766 iShares Asia 50 ETF AUD 97712 110640 281 Jones Lang LaSalle Inc 50629 44782 7,233 JPMorgan Chase & Co 870514 969945 477 Keysight Technologies Inc 74272 81600 262 KLA Corp 48504 98781 246 Laboratory Corporation of Amerc Holdings 30898 57928 831 Lincoln Electric Holdings Inc 110291 120071 125 Lockheed Martin Corp 31995 60811 3,666 London Stock Exchange 380311 315142 1,625 Lowe's Companies Inc 248840 323765 798 LVMH Moet Hennessy Louis Vuitton 455897 578693 1,552 Mastercard Inc 378065 539676 218 McDonald's Corp 41089 57449 576 Medtronic PLC 51371 44766 126 MercadoLibre Inc 166182 106626 1,033 Merck & Co Inc 73718 114611 2,263 Meta Platforms Inc 389775 272328 1,180 Metlife Inc 76050 85396 8,469 Microsoft Corp 1011815 2031033 1,278 Motorola Solutions Inc 278877 329353 1,747 Nasdaq Inc 52535 107178 1,437 NextEra Energy Inc 441175 515561 440 Nice Ltd 76330 84612 719 Northrop Grumman Corp 259461 392292 2,602 Nvidia Corp 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Inc 111536 94859 2,107 Texas Instruments Inc 207547 348118 1,128 Thermo Fisher Scientific Inc 426761 621177 146,484 Touchstone Sands Capital Em Mkts Growth R6 3305505 1850090 677 Tradeweb Markets Inc 42930 43957 1,600 TransUnion 99659 90800 2,504 Truist Financial Corp 104266 107747 1,273 Union Pacific Corp 201998 263599 714 United Rentals, Inc. 227548 253769 2,315 UnitedHealth Group Inc 717811 1227366 4,027 US Foods Holding Corp 121135 136998 2,817 Verizon Communications Inc. 136857 110989 3,206 Visa Inc 423243 666078 1,750 Vulcan Materials Company 321495 306442 1,932 Walmart Inc 292360 273937 457 Waste Management, Inc. 45557 71694 740 WEC Energy Group Inc 65658 69382 450 WEX Inc 60433 73642 1,310 Willscot Mobile Mini Holdings Corp 61733 59172 1,532 Zoetis Inc 146209 224514 1782433 1671028 0 0 Fifth Avenue Private Equity 16 LLC AT COST 101675 116906 Buildings 11678491 2202864 9475627 9475627 Furniture and fixtures 51380 48811 2569 2569 Land 3065000 0 3065000 7910490 Machinery and Equipment 583653 504320 79333 79333 General governance and counsel 236 0 0 236 Kimiko Powers Former President/Director 2950000 2009-06 None None Support charitable activities Payment of foundation expenses Jasper Johns Art Collection 3059725 3104725 3104725 2015 Art Purchases 520000 520000 520000 Post-War and Contemp. Art 176181000 176181000 279500000 Art Prints and Multiples 15364000 15364000 15364000 Japanese Art Collection 32786500 32786500 32786500 Art conservation 28334 0 0 28334 Art insurance 315578 0 0 315578 Bank charges 115 115 115 0 Dues and subscriptions 1987 0 0 1987 Event expenses 458 0 0 458 Insurance 1555 0 0 1555 K-1 expenses 13599 13599 13599 0 Licenses, permits, and fees 522 0 0 522 Office expense 80750 0 0 80750 Postage and shipping 3878 0 0 3878 Repairs and maintenance 132925 0 0 132925 Square fees 1447 0 1447 0 Sale of donated items 54870 54870 K-1 Ordinary income -599 429 -599 Difference between book and market value of donated asset 12330 Investment management fees 200016 200016 200016 0 Foreign tax 19130 19130 19130 0 Excise tax 20500 0 0 20500