<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2021v4.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2022-05-20T12:38:48-05:00</ReturnTs>
    <TaxPeriodEndDt>2021-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>814021158</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>L&amp;H CPAS AND ADVISORS</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>10000 N CENTRAL EXPY STE 710</AddressLine1Txt>
        <CityNm>DALLAS</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>75231</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2021-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>453337097</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>CALM FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>CALM</BusinessNameControlTxt>
      <PhoneNum>7196417777</PhoneNum>
      <USAddress>
        <AddressLine1Txt>1915 WOOD AVE</AddressLine1Txt>
        <CityNm>COLORADO SPRINGS</CityNm>
        <StateAbbreviationCd>CO</StateAbbreviationCd>
        <ZIPCd>80907</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>LISA TESSAROWICZ</PersonNm>
      <PersonTitleTxt>PRESIDENT/TREASURER</PersonTitleTxt>
      <PhoneNum>7196417777</PhoneNum>
      <SignatureDt>2022-05-18</SignatureDt>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>LISA</PersonFirstNm>
        <PersonLastNm>TESSAROWICZ</PersonLastNm>
      </PersonFullName>
      <SSN>XXX-XX-XXXX</SSN>
    </SigningOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>BRYAN DAVIS CPA</PreparerPersonNm>
      <PTIN>P00171069</PTIN>
      <PhoneNum>9724211099</PhoneNum>
      <PreparationDt>2022-05-19</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2021</TaxYr>
    <BuildTS>2022-09-23 18:48:47Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="10">
    <IRS990PF documentId="RetDoc11">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>1321244</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>200000</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>13575</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>13575</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>9364</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>9364</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt referenceDocumentId="RetDoc4">28927</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>117544</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>3616</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="RetDoc8">74569</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>74569</OtherIncomeNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>326435</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>101124</TotalNetInvstIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc3">2750</AccountingFeesRevAndExpnssAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc10">3426</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>410</TaxesNetInvstIncmAmt>
        <OccupancyRevAndExpnssAmt>19860</OccupancyRevAndExpnssAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc7">6055</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>1054</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>32091</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>1464</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>68500</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>68500</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>100591</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>1464</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>68500</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>225844</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>99660</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <OtherNtsAndLoansRcvblAmt>242380</OtherNtsAndLoansRcvblAmt>
        <OtherNtsAndLoansRcvblBOYAmt>135846</OtherNtsAndLoansRcvblBOYAmt>
        <OtherNtsAndLoansRcvblEOYAmt referenceDocumentId="RetDoc9">242380</OtherNtsAndLoansRcvblEOYAmt>
        <OtherNtsAndLoansRcvblEOYFMVAmt>242380</OtherNtsAndLoansRcvblEOYFMVAmt>
        <OtherInvestmentsBOYAmt>484394</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc5">579986</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>579986</OtherInvestmentsEOYFMVAmt>
        <OtherAssetsBOYAmt referenceDocumentId="RetDoc6">475160</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt referenceDocumentId="RetDoc6">498878</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="RetDoc6">498878</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>1095400</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>1321244</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>1321244</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>1095400</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>1321244</NoDonorRstrNetAssestsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>1095400</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>1321244</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>1095400</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>1321244</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>1095400</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>225844</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>1321244</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>1321244</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapitalGainNetIncomeAmt>3616</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>1385</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>1385</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>1385</TaxBasedOnInvestmentIncomeAmt>
        <Form2220AttachedInd referenceDocumentId="RetDoc2">X</Form2220AttachedInd>
        <EsPenaltyAmt>34</EsPenaltyAmt>
        <TaxDueAmt>1419</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>TX</OrgReportOrRegisterStateCd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>NONE</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>LISA TESSAROWICZ</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>7196417777</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>2023 N CASCADE AVE</AddressLine1Txt>
          <CityNm>COLORADO SPRINGS</CityNm>
          <StateAbbreviationCd>CO</StateAbbreviationCd>
          <ZIPCd>80907</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MICHAEL TESSAROWICZ</PersonNm>
          <USAddress>
            <AddressLine1Txt>1915 WOOD AVE</AddressLine1Txt>
            <CityNm>COLORADO SPRINGS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80907</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CHRISTINE TESSAROWICZ</PersonNm>
          <USAddress>
            <AddressLine1Txt>1915 WOOD AVE</AddressLine1Txt>
            <CityNm>COLORADO SPRINGS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80907</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ALEC TESSAROWICZ</PersonNm>
          <USAddress>
            <AddressLine1Txt>3285 BRIGGS AVENUE</AddressLine1Txt>
            <CityNm>ALAMEDA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94501</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>LISA TESSAROWICZ</PersonNm>
          <USAddress>
            <AddressLine1Txt>2031 WOOD AVENUE</AddressLine1Txt>
            <CityNm>COLORADO SPRINGS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80907</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT/TR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>7.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>532190</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>0</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>676132</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>1208322</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>1208322</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>18125</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>1190197</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>59510</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>59510</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>1385</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>1385</TotalTaxAmt>
        <DistributableBeforeAdjAmt>58125</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>58125</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>58125</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>68500</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>68500</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>58125</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>24268</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>9236</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>13932</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>17249</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>6156</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>70841</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>68500</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>58125</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>10375</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>81216</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>24268</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>56948</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>9236</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>13932</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>17249</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>6156</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>10375</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>LISA TESSAROWICZ</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2023 N CASCADE AVE</AddressLine1Txt>
            <CityNm>COLORADO SPRINGS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80907</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>7196417777</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>NOT APPLICABLE</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NOT APPLICABLE</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>NOT APPLICABLE</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>KRCC-FM</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>912 NORTH WEBER ST</AddressLine1Txt>
            <CityNm>COLORADO SPRINGS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80903</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>RADIO STATION-LOCAL NEWS &amp; PROGRAMS</GrantOrContributionPurposeTxt>
          <Amt>7000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ROCKY MTN WOMEN'S FILM FESTIVAL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>421 S TEJON ST SUITE 333</AddressLine1Txt>
            <CityNm>COLORADO SPRINGS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80903</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>3-DAY CELEBRATION OF WOMEN &amp; FILM</GrantOrContributionPurposeTxt>
          <Amt>3500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>EARLY CONNECTIONS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>104 E RIO GRANDE ST</AddressLine1Txt>
            <CityNm>COLORADO SPRINGS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80903</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>EARLY CARE &amp; EDUCATION FOR CHILDREN</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CHEYENNE MOUNTAIN ZOO</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4250 CHEYENNE MTN ZOO RD</AddressLine1Txt>
            <CityNm>COLORADO SPRINGS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80906</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>ZOOLOGICAL PARK</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>YOUTH DOCUMENTARY ACADEMY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2727 N CASCADE AVE 140</AddressLine1Txt>
            <CityNm>COLORADO SPRINGS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80907</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>TRAINS YOUTH IN FILMMAKING</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PIKES PEAK SUMMIT COMPLEX</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>102 S TEJON ST SUITE 530</AddressLine1Txt>
            <CityNm>COLORADO SPRINGS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80903</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>PIKES PEAK COMMUNITY FOUNDATION</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PEAK EDUCATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1645 S MURRAY BLVD</AddressLine1Txt>
            <CityNm>COLORADO SPRINGS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80916</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>EDUCATION FOR LOW INCOME FAMILES</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COLORADO SPRINGS FINE ARTS CENTER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>30 W DALE ST</AddressLine1Txt>
            <CityNm>COLORADO SPRINGS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80903</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>PROVIDE ARTS EXPERIENCES</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FOOD TO POWER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>917 E MORENO AVE 130</AddressLine1Txt>
            <CityNm>COLORADO SPRINGS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80903</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>INCREASE FOOD ACCESS &amp; REDUCE WASTE</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LUTHERAN FAMILY SERVICES ROCKY MTNS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>108 E ST VRAIN ST 21</AddressLine1Txt>
            <CityNm>COLORADO SPRINGS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80903</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>ADOPTION, FOSTER CARE, &amp; ADULT CARE</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CATHOLIC CHARITIES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>228 N CASCADE AVE</AddressLine1Txt>
            <CityNm>COLORADO SPRINGS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80903</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>SERVE INDIVIDUALS IN NEED</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SOLID ROCK COMMUNITY DEV CORP</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2520 ARLINGTON DR</AddressLine1Txt>
            <CityNm>COLORADO SPRINGS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80910</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>URBAN &amp; COMMUNITY DEVELOPMENT</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>68500</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <RelatedOrExemptFunctionIncmAmt>13575</RelatedOrExemptFunctionIncmAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <RelatedOrExemptFunctionIncmAmt>9364</RelatedOrExemptFunctionIncmAmt>
        </DividendsAndInterestFromSecDtl>
        <OtherInvestmentIncomeGrp>
          <RelatedOrExemptFunctionIncmAmt>74569</RelatedOrExemptFunctionIncmAmt>
        </OtherInvestmentIncomeGrp>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>28927</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <RelatedOrExemptFunctionIncmAmt>126435</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>126435</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>
    <IRS990ScheduleB documentId="RetDoc1">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>MICHAEL TESSAROWICZ</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>1915 WOOD AVE</AddressLine1Txt>
          <CityNm>COLORADO SPRINGS</CityNm>
          <StateAbbreviationCd>CO</StateAbbreviationCd>
          <ZIPCd>80907</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>200000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="RetDoc3">
      <AccountingFeesDetail>
        <CategoryTxt>INDIRECT ACCOUNTING FEES</CategoryTxt>
        <Amt>2750</Amt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <GainLossSaleOtherAssetsSch documentId="RetDoc4">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>FIDELITY</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>74243</GrossSalesPriceAmt>
        <BasisAmt>75921</BasisAmt>
        <TotalNetAmt>-1678</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>FIDELITY</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>39685</GrossSalesPriceAmt>
        <BasisAmt>12696</BasisAmt>
        <TotalNetAmt>26989</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsOtherSchedule2 documentId="RetDoc5">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FIDELITY INVESTMENTS</CategoryOrItemTxt>
        <BookValueAmt>579986</BookValueAmt>
        <EOYFMVAmt>579986</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="RetDoc6">
      <OtherAssetsScheduleGrp>
        <Desc>INVESTMENT IN LEE SPIRITS</Desc>
        <BOYBookValueAmt>25000</BOYBookValueAmt>
        <EOYBookValueAmt>25000</EOYBookValueAmt>
        <EOYFMVAmt>25000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>INVESTMENT IN SNAPADVICE</Desc>
        <BOYBookValueAmt>10000</BOYBookValueAmt>
        <EOYBookValueAmt>10000</EOYBookValueAmt>
        <EOYFMVAmt>10000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>INVESTMENT IN LOT SPOT</Desc>
        <BOYBookValueAmt>25000</BOYBookValueAmt>
        <EOYBookValueAmt>25000</EOYBookValueAmt>
        <EOYFMVAmt>25000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>INVESTMENT IN LIL MARKET</Desc>
        <BOYBookValueAmt>370000</BOYBookValueAmt>
        <EOYBookValueAmt>370000</EOYBookValueAmt>
        <EOYFMVAmt>370000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>INVESTMENT IN CS PIONEER FUND</Desc>
        <BOYBookValueAmt>45160</BOYBookValueAmt>
        <EOYBookValueAmt>68878</EOYBookValueAmt>
        <EOYFMVAmt>68878</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="RetDoc7">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MARKETING</Desc>
        <RevenueAndExpensesPerBooksAmt>5000</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>RESEARCH</Desc>
        <RevenueAndExpensesPerBooksAmt>1054</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1054</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OTHER</Desc>
        <RevenueAndExpensesPerBooksAmt>1</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc8">
      <OtherIncomeDetail>
        <Desc>CS PIONEER COMMUNITY FUND K1</Desc>
        <RevenueAndExpensesPerBooksAmt>23718</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>23718</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>LIL MARKET K1</Desc>
        <RevenueAndExpensesPerBooksAmt>1793</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1793</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>EPD K1</Desc>
        <RevenueAndExpensesPerBooksAmt>-3698</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-3698</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>UNREALIZED GAINS</Desc>
        <RevenueAndExpensesPerBooksAmt>52756</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>52756</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherNotesLoansRcvblShortSch2 documentId="RetDoc9">
      <OtherNotesLoansRcvblShortGrp>
        <Organization501c3Name>
          <BusinessNameLine1Txt>LOYAL COFFEE</BusinessNameLine1Txt>
        </Organization501c3Name>
        <BalanceDueAmt>50000</BalanceDueAmt>
      </OtherNotesLoansRcvblShortGrp>
      <OtherNotesLoansRcvblShortGrp>
        <Organization501c3Name>
          <BusinessNameLine1Txt>CS PUBLIC MARKET</BusinessNameLine1Txt>
        </Organization501c3Name>
        <BalanceDueAmt>25000</BalanceDueAmt>
      </OtherNotesLoansRcvblShortGrp>
      <OtherNotesLoansRcvblShortGrp>
        <Organization501c3Name>
          <BusinessNameLine1Txt>BREAD AND BUTTER</BusinessNameLine1Txt>
        </Organization501c3Name>
        <BalanceDueAmt>17380</BalanceDueAmt>
      </OtherNotesLoansRcvblShortGrp>
      <OtherNotesLoansRcvblShortGrp>
        <Organization501c3Name>
          <BusinessNameLine1Txt>749 E WILLAMETTE</BusinessNameLine1Txt>
        </Organization501c3Name>
        <BalanceDueAmt>50000</BalanceDueAmt>
      </OtherNotesLoansRcvblShortGrp>
      <OtherNotesLoansRcvblShortGrp>
        <Organization501c3Name>
          <BusinessNameLine1Txt>DAVIS THREE JEC</BusinessNameLine1Txt>
        </Organization501c3Name>
        <BalanceDueAmt>100000</BalanceDueAmt>
      </OtherNotesLoansRcvblShortGrp>
    </OtherNotesLoansRcvblShortSch2>
    <TaxesSchedule documentId="RetDoc10">
      <TaxesDetail>
        <CategoryTxt>FEDERAL INCOME TAX</CategoryTxt>
        <Amt>3016</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN INCOME TAX</CategoryTxt>
        <Amt>410</Amt>
        <NetInvestmentIncomeAmt>410</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
