<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2022v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2023-10-24T11:58:36-04:00</ReturnTs>
    <TaxPeriodEndDt>2023-06-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>KUNDINGER CORDER &amp; MONTOYA PC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>475 LINCOLN STREET SUITE 200</AddressLine1Txt>
        <CityNm>DENVER</CityNm>
        <StateAbbreviationCd>CO</StateAbbreviationCd>
        <ZIPCd>80203</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2022-07-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>846029014</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>BONFILS-STANTON FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>BONF</BusinessNameControlTxt>
      <PhoneNum>3038253774</PhoneNum>
      <USAddress>
        <AddressLine1Txt>1033 SANTA FE DRIVE</AddressLine1Txt>
        <CityNm>DENVER</CityNm>
        <StateAbbreviationCd>CO</StateAbbreviationCd>
        <ZIPCd>80204</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>ANN HOVLAND</PersonNm>
      <PersonTitleTxt>CFO/TREAS/SECRETARY</PersonTitleTxt>
      <PhoneNum>3038253774</PhoneNum>
      <SignatureDt>2023-10-23</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>ANN</PersonFirstNm>
        <PersonLastNm>HOVLAND</PersonLastNm>
      </PersonFullName>
      <SSN>XXX-XX-XXXX</SSN>
    </SigningOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>false</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>MARIA MONTOYA</PreparerPersonNm>
      <PTIN>P01363907</PTIN>
      <PhoneNum>3035345953</PhoneNum>
      <PreparationDt>2023-10-23</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2022</TaxYr>
    <BuildTS>2023-04-26 12:10:37Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="15">
    <IRS990PF documentId="RetDoc19" referenceDocumentId="RetDoc16">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>86017215</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>891385</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>891385</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>42000</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>42000</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>42000</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="RetDoc11">388948</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>388948</OtherIncomeNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>1322333</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>1322333</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>427599</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>102023</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>325576</CompOfcrDirTrstDsbrsChrtblAmt>
        <OthEmplSlrsWgsRevAndExpnssAmt>345625</OthEmplSlrsWgsRevAndExpnssAmt>
        <OthEmplSlrsWgsNetInvstIncmAmt>7343</OthEmplSlrsWgsNetInvstIncmAmt>
        <OthEmplSlrsWgsDsbrsChrtblAmt>338282</OthEmplSlrsWgsDsbrsChrtblAmt>
        <PensionEmplBnftRevAndExpnssAmt>212863</PensionEmplBnftRevAndExpnssAmt>
        <PensionEmplBnftNetInvstIncmAmt>28950</PensionEmplBnftNetInvstIncmAmt>
        <PensionEmplBnftDsbrsChrtblAmt>183913</PensionEmplBnftDsbrsChrtblAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="RetDoc8">2846</LegalFeesRevAndExpnssAmt>
        <LegalFeesDsbrsChrtblAmt>2846</LegalFeesDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2">23700</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>4740</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesChrtblPrpsAmt>18960</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc14">396329</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>217797</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>178532</OtherProfFeesDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc15">19071</TaxesRevAndExpnssAmt>
        <DeprecAndDpltnRevAndExpnssAmt referenceDocumentId="RetDoc3">42310</DeprecAndDpltnRevAndExpnssAmt>
        <OccupancyRevAndExpnssAmt>128610</OccupancyRevAndExpnssAmt>
        <OccupancyDsbrsChrtblAmt>128610</OccupancyDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc10">211314</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesDsbrsChrtblAmt>211314</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>1810267</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>360853</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>1388033</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>3500217</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>3500217</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>5310484</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>360853</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>4888250</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-3988151</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>961480</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>390</CashBOYAmt>
        <CashEOYAmt>390</CashEOYAmt>
        <CashEOYFMVAmt>390</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>5524730</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>7865885</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>7865885</SavAndTempCashInvstEOYFMVAmt>
        <OtherNtsAndLoansRcvblAmt>1300154</OtherNtsAndLoansRcvblAmt>
        <OtherNtsAndLoansRcvblBOYAmt>1366560</OtherNtsAndLoansRcvblBOYAmt>
        <OtherNtsAndLoansRcvblEOYAmt referenceDocumentId="RetDoc13">1300154</OtherNtsAndLoansRcvblEOYAmt>
        <OtherNtsAndLoansRcvblEOYFMVAmt>1300154</OtherNtsAndLoansRcvblEOYFMVAmt>
        <CorporateStockBOYAmt>10944723</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc5">5555456</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>8108765</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>7067265</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="RetDoc4">7119973</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>6061150</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>50990150</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc6">50076227</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>62180992</OtherInvestmentsEOYFMVAmt>
        <LandBldgEquipCostOrOtherBssAmt>581149</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>346332</LandBldgEquipAccumDeprecAmt>
        <LandBOYAmt>239727</LandBOYAmt>
        <LandEOYAmt referenceDocumentId="RetDoc7">234817</LandEOYAmt>
        <LandEOYFMVAmt>234817</LandEOYFMVAmt>
        <OtherAssetsBOYAmt referenceDocumentId="RetDoc9">226303</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt referenceDocumentId="RetDoc9">265062</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="RetDoc9">265062</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>76359848</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>72417964</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>86017215</TotalAssetsEOYFMVAmt>
        <AccountsPayableBOYAmt>21</AccountsPayableBOYAmt>
        <AccountsPayableEOYAmt>7529</AccountsPayableEOYAmt>
        <OtherLiabilitiesBOYAmt referenceDocumentId="RetDoc12">160493</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="RetDoc12">199252</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>160514</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>206781</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>76199334</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>72211183</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>76199334</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>72211183</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>76359848</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>72417964</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>76199334</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-3988151</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>72211183</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>72211183</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapitalGainNetIncomeAmt>42000</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>13365</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>13365</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>13365</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>19829</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>19829</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="RetDoc1">X</Form2220AttachedInd>
        <OverpaymentAmt>6464</OverpaymentAmt>
        <AppliedToESTaxAmt>6464</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>true</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>CO</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>BONFILS-STANTONFOUNDATION.ORG</WebsiteAddressTxt>
        <IndividualWithBooksNm>ANN HOVLAND</IndividualWithBooksNm>
        <PhoneNum>3038253774</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>1033 SANTA FE DRIVE</AddressLine1Txt>
          <CityNm>DENVER</CityNm>
          <StateAbbreviationCd>CO</StateAbbreviationCd>
          <ZIPCd>80204</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>true</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>true</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>true</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>true</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <TransactionsFailToQlfyAsExcInd>false</TransactionsFailToQlfyAsExcInd>
        <MaintainedExpenditureRspnsInd>true</MaintainedExpenditureRspnsInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>GARY STEUER</PersonNm>
          <USAddress>
            <AddressLine1Txt>1033 SANTA FE DRIVE</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80204</ZIPCd>
          </USAddress>
          <TitleTxt>CEO/PRESIDEN</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>272248</CompensationAmt>
          <EmployeeBenefitProgramAmt>59009</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ANN HOVLAND</PersonNm>
          <USAddress>
            <AddressLine1Txt>1033 SANTA FE DRIVE</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80204</ZIPCd>
          </USAddress>
          <TitleTxt>CFO/TREAS/SE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>32.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>147351</CompensationAmt>
          <EmployeeBenefitProgramAmt>28509</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ELAINE TORRES</PersonNm>
          <USAddress>
            <AddressLine1Txt>1033 SANTA FE DRIVE</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80204</ZIPCd>
          </USAddress>
          <TitleTxt>CHAIR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>1000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MICHAEL E BOCK</PersonNm>
          <USAddress>
            <AddressLine1Txt>1033 SANTA FE DRIVE</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80204</ZIPCd>
          </USAddress>
          <TitleTxt>VICE CHAIR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>1000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DR PATRICIA BACA</PersonNm>
          <USAddress>
            <AddressLine1Txt>1033 SANTA FE DRIVE</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80204</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>1000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MELISSA CHEONG</PersonNm>
          <USAddress>
            <AddressLine1Txt>1033 SANTA FE DRIVE</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80204</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>750</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>REHAN K HASAN ESQUIRE</PersonNm>
          <USAddress>
            <AddressLine1Txt>1033 SANTA FE DRIVE</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80204</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>1000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DEBORAH JORDY</PersonNm>
          <USAddress>
            <AddressLine1Txt>1033 SANTA FE DRIVE</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80204</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>750</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DAMON MCCLEESE</PersonNm>
          <USAddress>
            <AddressLine1Txt>1033 SANTA FE DRIVE</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80204</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>1000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DWINITA MOSBY TYLER PHD</PersonNm>
          <USAddress>
            <AddressLine1Txt>1033 SANTA FE DRIVE</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80204</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>750</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MIKE YANKOVICH</PersonNm>
          <USAddress>
            <AddressLine1Txt>1033 SANTA FE DRIVE</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80204</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>750</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>CHRISSY DEAL</PersonNm>
          <USAddress>
            <AddressLine1Txt>1033 SANTA FE DRIVE</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80204</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR, FE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>128832</CompensationAmt>
          <EmployeeBenefitsAmt>25596</EmployeeBenefitsAmt>
        </CompensationHighestPaidEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>GINA FERRARI</PersonNm>
          <USAddress>
            <AddressLine1Txt>1033 SANTA FE DRIVE</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80204</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR GRA</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>32.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>118120</CompensationAmt>
          <EmployeeBenefitsAmt>26253</EmployeeBenefitsAmt>
        </CompensationHighestPaidEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>MONIQUE LOSEKE</PersonNm>
          <USAddress>
            <AddressLine1Txt>1033 SANTA FE DRIVE</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80204</ZIPCd>
          </USAddress>
          <TitleTxt>EXECUTIVE AS</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>86173</CompensationAmt>
          <EmployeeBenefitsAmt>21136</EmployeeBenefitsAmt>
        </CompensationHighestPaidEmplGrp>
        <CompensationOfHghstPdCntrctGrp>
          <PersonNm>MORGAN STANLEY</PersonNm>
          <USAddress>
            <AddressLine1Txt>399 PARK AVE 12TH FL</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10022</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>CONSULTING</ServiceTypeTxt>
          <CompensationAmt>152400</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>80767461</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>558553</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>81326014</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>81326014</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>1219890</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>80106124</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>4005306</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>4005306</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>13365</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>13365</TotalTaxAmt>
        <DistributableBeforeAdjAmt>3991941</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>66406</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>4058347</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>4058347</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>4888250</ExpensesAndContributionsAmt>
        <CharitableAssetsAcquisPaidAmt>37400</CharitableAssetsAcquisPaidAmt>
        <QualifyingDistributionsAmt>4925650</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>4058347</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>289154</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr3Amt>1323703</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>459901</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>88351</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>2161109</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>4925650</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>4058347</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>867303</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>3028412</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>289154</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>2739258</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear3Amt>1323703</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>459901</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>88351</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>867303</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>PRESIDENT</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1033 SANTA FE DRIVE</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80204</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>3038253774</RecipientPhoneNum>
          <RecipientEmailAddressTxt>N/A</RecipientEmailAddressTxt>
          <FormAndInfoAndMaterialsTxt>ORGANIZATIONS SEEKING GRANTS ARE REQUESTED TO CALL THE FOUNDATION TO DISCUSS THE POTENTIAL FUNDING REQUESTS BEFORE SUBMITTING A PROPOSAL. THE FOUNDATION ACCEPTS THE COLORADO COMMON GRANT APPLICATION. ORGANIZATIONS ARE ALLOWED TO SUBMIT ONLY ONE PROPOSAL IN A CALENDAR YEAR.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>LAST BUSINESS DAY OF THE FOLLOWING MONTHS: JANUARY, APRIL, JULY, AND OCTOBER.</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>FOUNDATION RESOURCES ARE INVESTED IN ORGANIZATIONS CONTRIBUTING TO DENVER'S ART AND CULTURAL COMMUNITY THROUGH FOUR GRANT-MAKING STRATEGIES: GENERAL OPERATING SUPPORT TO ARTS ORGANIZATIONS COMMITTED TO EXCELLENCE, INNOVATION, AND SUSTAINABILITY; PROJECT SUPPORT TO SUPPORT NEW OR ONGOING PROJECTS THAT ARE EXCEPTIONAL FOR THEIR ARTISTIC MERIT, INNOVATION, COLLABORATIVE DESIGN AND/OR TARGETED APPROPACH TO CULTURAL PARTICIPATION; ARTS INNOVATION GRANTS FOR THE DEVELOPMENT OF GROUND-BREAKING APPROACHES TO CREATING AND PRESENTING ART, ENGAGING NEW AUDIENCES, AND DEVELOPING NEW ORGANIZATIONAL/BUSINESS MODELS TO STRENGTHEN CAPACITY AND FINANCIAL SUSTAINABILITY; AND CAPITAL PROJECT GRANTS FOR ORGANIZAITONS WITH WHICH THE FOUNDATION HAS AN ESTABLISHED RELATIONSHIP AND FOR WHICH 75% OF THE CAMPAIGN GOAL HAS BEEN ACHIEVED.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SEE STATEMENT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1033 SANTA FE DRIVE</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80204</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>SEE STATEMENT</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>SEE STMT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SEE STATEMENT</GrantOrContributionPurposeTxt>
          <Amt>3500217</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>3500217</TotalGrantOrContriPdDurYrAmt>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SEE STATEMENT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1033 SANTA FE DRIVE</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80204</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>SEE STATEMENT</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>SEE STMT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SEE STATEMENT</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContriApprvForFutGrp>
        <TotalGrantOrContriApprvFutAmt>40000</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>891385</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>42000</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>PARTNERSHIP INCOME</Desc>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>388948</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>1322333</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>1322333</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2">
      <AccountingFeesDetail>
        <CategoryTxt>KUNDINGER, CORDER &amp; MONTOYA, P.C</CategoryTxt>
        <Amt>23700</Amt>
        <NetInvestmentIncomeAmt>4740</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>18960</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="RetDoc3">
      <DepreciationPropertyGrp>
        <PropertyDesc>DEPRECIATION</PropertyDesc>
        <CurrentYearExpenseAmt>42310</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc4">
      <InvestmentsCorporateBondsGrp>
        <BondNm>LEGGMASON INSTITUTIONAL FUND</BondNm>
        <EOYBookValueAmt>4599480</EOYBookValueAmt>
        <EOYFMVAmt>3799394</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>COMMUNITY CAPITAL</BondNm>
        <EOYBookValueAmt>2520493</EOYBookValueAmt>
        <EOYFMVAmt>2261756</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc5">
      <InvestmentsCorporateStockGrp>
        <StockNm>VANGUARD DIVIDEND GROWTH FUND</StockNm>
        <EOYBookValueAmt>3004563</EOYBookValueAmt>
        <EOYFMVAmt>5435432</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EDGEWOOD GROWTH FUND</StockNm>
        <EOYBookValueAmt>2550893</EOYBookValueAmt>
        <EOYFMVAmt>2673333</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc6">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>BOSTON COMMON LCV</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>3355507</BookValueAmt>
        <EOYFMVAmt>3462357</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CALVERT LARGE CAP DIVERSITY STRATEGY</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>3402018</BookValueAmt>
        <EOYFMVAmt>3617461</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CLEARBRIDGE LARGE CAP VALUE ESG</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>3491658</BookValueAmt>
        <EOYFMVAmt>3582913</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AB SUSTAINABLE GLOBAL THEMATIC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>2576051</BookValueAmt>
        <EOYFMVAmt>2567137</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>APERIO</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>2776495</BookValueAmt>
        <EOYFMVAmt>2865598</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CLEARBRIDGE INTL GROWTH ESG</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>5675241</BookValueAmt>
        <EOYFMVAmt>5770341</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MILLENIUM</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>2650000</BookValueAmt>
        <EOYFMVAmt>2808509</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>BRIDGE WORKFORCE AND AFFORDABLE HSNG</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>882721</BookValueAmt>
        <EOYFMVAmt>861892</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>GROSVENOR ADVANCE FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>522351</BookValueAmt>
        <EOYFMVAmt>581369</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>LEEDS EQUITY PARTNERS VII</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>407836</BookValueAmt>
        <EOYFMVAmt>540323</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>THE EQUITY ALLIANCE</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>623794</BookValueAmt>
        <EOYFMVAmt>866441</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ANGELO GORDON ENERGY CREDIT OPP FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>17492</BookValueAmt>
        <EOYFMVAmt>36124</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>HIGHCLERE INTL INVESTORS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MAVERICK FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1752102</BookValueAmt>
        <EOYFMVAmt>3857809</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SAMLYN OFFSHORE LTD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1500000</BookValueAmt>
        <EOYFMVAmt>2644608</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SELECT EQUITY OFFSHORE LTD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1800000</BookValueAmt>
        <EOYFMVAmt>3434627</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CANYON VALUE REALIZATION FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1686930</BookValueAmt>
        <EOYFMVAmt>3022387</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>LEXINGTON MIDDLE MARKET III</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>96182</BookValueAmt>
        <EOYFMVAmt>477667</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FARALLON CAPITAL INSTITUTIONAL PRTNR</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>GQG</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>5139683</BookValueAmt>
        <EOYFMVAmt>5704646</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CRESTVIEW IV</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>693425</BookValueAmt>
        <EOYFMVAmt>955133</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FARALLON SPECIAL SITUATIONS FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>362550</BookValueAmt>
        <EOYFMVAmt>590219</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>GOLUB CAPITAL PARTNERS XII</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>694848</BookValueAmt>
        <EOYFMVAmt>928653</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>OWL ROCK FIRST LIEN FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>744535</BookValueAmt>
        <EOYFMVAmt>955704</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>COATUE OFFSHORE FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>2400000</BookValueAmt>
        <EOYFMVAmt>3691385</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CANYON DISTRESSED OPPS FUND III</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>854403</BookValueAmt>
        <EOYFMVAmt>1029454</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>LEXINGTON CAPITAL PARTNERS IX</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>584534</BookValueAmt>
        <EOYFMVAmt>957671</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>GRAHAM PARTNERS V</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>835487</BookValueAmt>
        <EOYFMVAmt>1171020</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CARVAL CLEAN ENERGY FUND II</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>307238</BookValueAmt>
        <EOYFMVAmt>307238</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>LEXINGTON CAPITAL PARTNERS FUND X</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>126369</BookValueAmt>
        <EOYFMVAmt>124935</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>TPG RISE FUND II</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>92500</BookValueAmt>
        <EOYFMVAmt>82500</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ARTISAN INTL VALUE FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>4024277</BookValueAmt>
        <EOYFMVAmt>4677130</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCULPTOR</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <EOYFMVAmt>7741</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LandEtcSchedule2 documentId="RetDoc7">
      <LandEtcGrp>
        <CategoryOrItemTxt>OFFICE CONDO</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>211499</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>169294</AccumulatedDepreciationAmt>
        <BookValueAmt>42205</BookValueAmt>
        <EOYFMVAmt>42205</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>FURNITURE AND EQIUPMENT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>162462</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>102635</AccumulatedDepreciationAmt>
        <BookValueAmt>59827</BookValueAmt>
        <EOYFMVAmt>59827</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>COMPUTER EQUIPMENT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>26899</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>23142</AccumulatedDepreciationAmt>
        <BookValueAmt>3757</BookValueAmt>
        <EOYFMVAmt>3757</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>LEASEHOLD IMPROVEMENTS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>180289</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>51261</AccumulatedDepreciationAmt>
        <BookValueAmt>129028</BookValueAmt>
        <EOYFMVAmt>129028</EOYFMVAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <LegalFeesSchedule documentId="RetDoc8">
      <LegalFeesGrp>
        <CategoryTxt>TIERNEY LAWRENCE STILES, LLC</CategoryTxt>
        <LegalFeesAmt>2846</LegalFeesAmt>
        <DisbursementsCharitablePrpsAmt>2846</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherAssetsSchedule documentId="RetDoc9">
      <OtherAssetsScheduleGrp>
        <Desc>FINE ART AND DEPOSITS</Desc>
        <BOYBookValueAmt>65660</BOYBookValueAmt>
        <EOYBookValueAmt>65660</EOYBookValueAmt>
        <EOYFMVAmt>65660</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>PROPERTY DEVELOPMENT COSTS</Desc>
        <BOYBookValueAmt>150</BOYBookValueAmt>
        <EOYBookValueAmt>150</EOYBookValueAmt>
        <EOYFMVAmt>150</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>DEFERRED COMPENSATION FUND</Desc>
        <BOYBookValueAmt>160493</BOYBookValueAmt>
        <EOYBookValueAmt>199252</EOYBookValueAmt>
        <EOYFMVAmt>199252</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="RetDoc10">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ASSESSMENTS AND DUES</Desc>
        <RevenueAndExpensesPerBooksAmt>37185</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>37185</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TRUSTEE EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>3070</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>3070</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>IT</Desc>
        <RevenueAndExpensesPerBooksAmt>24983</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>24983</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>10730</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>10730</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>DIRECT PROGRAM EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>43221</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>43221</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE EXPENSES AND MISC</Desc>
        <RevenueAndExpensesPerBooksAmt>92125</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>92125</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc11">
      <OtherIncomeDetail>
        <Desc>PARTNERSHIP INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>388948</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>388948</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherLiabilitiesSchedule documentId="RetDoc12">
      <OtherLiabilitiesDetail>
        <Desc>DEFERRED COMPENSATION FUND</Desc>
        <BOYBookValueAmt>160493</BOYBookValueAmt>
        <EOYBookValueAmt>199252</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherNotesLoansRcvblShortSch2 documentId="RetDoc13">
      <OtherNotesLoansRcvblShortGrp>
        <Organization501c3Name>
          <BusinessNameLine1Txt>PROGRAM RELATED INVESTMENTS</BusinessNameLine1Txt>
        </Organization501c3Name>
        <BalanceDueAmt>1300154</BalanceDueAmt>
      </OtherNotesLoansRcvblShortGrp>
    </OtherNotesLoansRcvblShortSch2>
    <OtherProfessionalFeesSchedule documentId="RetDoc14">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>AGUILAR STRATEGIES</CategoryTxt>
        <Amt>11750</Amt>
        <DisbursementsCharitablePrpsAmt>11750</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>COLORADO MEDIA NETWORK</CategoryTxt>
        <Amt>20840</Amt>
        <DisbursementsCharitablePrpsAmt>20840</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>EMPOWERFUL CHANGES, LLC</CategoryTxt>
        <Amt>26400</Amt>
        <DisbursementsCharitablePrpsAmt>26400</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>LA PIANA</CategoryTxt>
        <Amt>16000</Amt>
        <DisbursementsCharitablePrpsAmt>16000</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>OFFICIENCY</CategoryTxt>
        <Amt>700</Amt>
        <DisbursementsCharitablePrpsAmt>700</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>PROJECTION DIGITAL</CategoryTxt>
        <Amt>11000</Amt>
        <DisbursementsCharitablePrpsAmt>11000</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>RMTT</CategoryTxt>
        <Amt>12079</Amt>
        <DisbursementsCharitablePrpsAmt>12079</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>STARO INSIGHTS</CategoryTxt>
        <Amt>5000</Amt>
        <DisbursementsCharitablePrpsAmt>5000</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>3 STORY DESIGN</CategoryTxt>
        <Amt>19750</Amt>
        <DisbursementsCharitablePrpsAmt>19750</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ANTHONY GARCIA</CategoryTxt>
        <Amt>4000</Amt>
        <DisbursementsCharitablePrpsAmt>4000</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ZWFILM</CategoryTxt>
        <Amt>35312</Amt>
        <DisbursementsCharitablePrpsAmt>35312</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>DCG CONSULTING</CategoryTxt>
        <Amt>8200</Amt>
        <DisbursementsCharitablePrpsAmt>8200</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>MORGAN STANLEY</CategoryTxt>
        <Amt>152400</Amt>
        <NetInvestmentIncomeAmt>152400</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>CLEARBRIDGE LG CAP VALUE</CategoryTxt>
        <Amt>9184</Amt>
        <NetInvestmentIncomeAmt>9184</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>BOSTON COMMON LARGE CAP</CategoryTxt>
        <Amt>9266</Amt>
        <NetInvestmentIncomeAmt>9266</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ASPERIO</CategoryTxt>
        <Amt>6193</Amt>
        <NetInvestmentIncomeAmt>6193</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>AB SUSTAINABLE</CategoryTxt>
        <Amt>6858</Amt>
        <NetInvestmentIncomeAmt>6858</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>COMMUNITY CAPITAL</CategoryTxt>
        <Amt>6776</Amt>
        <NetInvestmentIncomeAmt>6776</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>WAMCO</CategoryTxt>
        <Amt>11890</Amt>
        <NetInvestmentIncomeAmt>11890</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>CLEARBRIDGE INTERNATIONAL</CategoryTxt>
        <Amt>15504</Amt>
        <NetInvestmentIncomeAmt>15504</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>CALVERT DIVERSITY</CategoryTxt>
        <Amt>6274</Amt>
        <NetInvestmentIncomeAmt>6274</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>CANYON REBATES AND MISC OTHER</CategoryTxt>
        <Amt>953</Amt>
        <NetInvestmentIncomeAmt>-6548</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>7501</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc15">
      <TaxesDetail>
        <CategoryTxt>EXCISE TAX</CategoryTxt>
        <Amt>15000</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>INCOME TAX</CategoryTxt>
        <Amt>4071</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
