2020-11-16T16:59:02-06:00 2019-12-31 840803727 REESE HENRY & COMPANY INC 400 EAST MAIN ST SUITE 2 ASPEN CO 81611 990 2019-01-01 841530768 TELLURIDE FOUNDATION TELL 9707288717 PO BOX 4222 TELLURIDE CO 81435 PAUL MAJOR PRESIDENT & CEO 9707288717 2020-11-16 1 DENISE JURGENS CPA P00087338 9709253771 67.223.174.194 2020-11-16 16:54:16 MS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 1DBE3D07EF7771C4CEEE20616BB123DC00B67659 2019 2021-01-29 14:40:06Z PAUL MAJOR PO BOX 4222 TELLURIDE CO 81435 4229836 0 X WWW.TELLURIDEFOUNDATION.ORG X 2000 CO THE TELLURIDE FOUNDATION IS COMMITTED TO ENRICHING THE QUALITY OF LIFE OF THE RESIDENTS, VISITORS AND WORKFORCE OF THE TELLURIDE REGION. THE FOUNDATION DOES THIS BY DEVELOPING AND SUPPORTING INITIATIVES AND MAKING DIRECT INVESTMENTS THAT MAXIMIZE BENEFIT TO ALL, NURTURE SELF-RELIANCE, AND CREATE MEANINGFUL CHANGE. 32 29 0 46 0 0 6301972 3624526 462337 543965 324883 61345 26628 0 7115820 4229836 2965660 1872938 0 0 1063286 947523 0 0 349251 1443398 1920304 5472344 4740765 1643476 -510929 14207733 15365109 1442993 2414408 12764740 12950701 X THE TELLURIDE FOUNDATION (THE FOUNDATION) IS COMMITTED TO PRESERVING AND ENRICHING THE QUALITY OF LIFE OF THE RESIDENTS, VISITORS AND WORKFORCE OF THE TELLURIDE REGION. THE FOUNDATION DOES THIS BY PROVIDING LEADERSHIP IN PHILANTHROPY, STRENGTHENING COMMUNITY GROUPS, SERVING AS A RESPONSIBLE STEWARD FOR ENTRUSTED FUNDS, AND SUPPORTING ACTIVITIES THAT CELEBRATE COMMUNITY 0 0 1872938 1872938 GRANTS AND ASSISTANCE PROGRAMS - COMMUNITY AND SPECIAL INITIATIVE GRANTS FUNDED BY UNRESTRICTED GIFTS FROM GENEROUS DONORS, THE FOUNDATION HAS AWARDED OVER $25 MILLION SINCE ITS INCEPTION IN 2000 ANNUALLY THE COMMUNITY GRANTS PROGRAM AWARDS OVER $1 MILLION THROUGH A COMPETITIVE GRANTS PROGRAM TO ELIGIBLE 501(C)(3) NONPROFITS THAT SERVE THE PEOPLE OF SAN MIGUEL, OURAY, AND WESTERN MONTROSE COUNTIES. THE COMMUNITY GRANTS ARE DECIDED BY A VOLUNTEER BOARD MEMBER GRANTS COMMITTEE SPECIALS INITIATIVES GRANTS CAN BE AWARDED TWICE ANNUALLY THEY ARE BOARD OF DIRECTORS SPONSORED INITIATIVES FOR LARGE HIGHLY LEVERAGED COLLABORATIONS OR MULTI-YEAR PROJECTS AND ARE DECIDED BY THE BOARD OF DIRECTORS. 2224560 543965 EDUCATION AND CONSULTING - THE FOUNDATION CONDUCTS WORKSHOPS AND TECHNICAL ASSISTANCE FOR NONPROFITS TO INCREASE THEIR CAPACITY, CAPABILITIES, EFFICIENCY AND EFFECTIVENESS. SINCE THE FOUNDATION'S INCEPTION, IT HAS PROVIDED OVER 475 HOURS OF FREE OR SUBSIDIZED WORKSHOPS AND TECHNICAL ASSISTANCE TO REGIONAL NONPROFITS THE FOUNDATION WORKS DIRECTLY WITH DONORS AND PROSPECTS TO PROVIDE PROGRAMS ON PHILANTHROPY AND PROGRAM ISSUES AND CONDUCT RESEARCH INTO RELEVANT EMERGING ISSUES. 4097498 1 1 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 32 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO X X X PAUL MAJOR 9707288717 PO BOX 4222 TELLURIDE CO 81435 ADAM MAX DIRECTOR 1.00 X 0 0 0 ANNE ANDREW DIRECTOR 1.00 X 0 0 0 BRIAN O'NEILL DIRECTOR 1.00 X 0 0 0 CARL FERENBACH DIRECTOR 1.00 X 0 0 0 CAROL ARMSTRONG DIRECTOR 1.00 X 0 0 0 DANNY CRAFT DIRECTOR 1.00 X 0 0 0 DAVIS FANSLER DIRECTOR 1.00 X 0 0 0 DEEDEE DECKER DIRECTOR 1.00 X 0 0 0 ED BARLOW DIRECTOR 1.00 X 0 0 0 DELANIE YOUNG DIRECTOR 1.00 X 0 0 0 KRIS HOLSTROM DIRECTOR 1.00 X 0 0 0 J TOMILSON HILL DIRECTOR 1.00 X 0 0 0 CHRIS PUCILLO DIRECTOR 1.00 X 0 0 0 JOANNE BROWN DIRECTOR 1.00 X 0 0 0 MANDY MILLER DIRECTOR 1.00 X 0 0 0 KEVIN HOLBROOK DIRECTOR 1.00 X 0 0 0 LYNN BECK DIRECTOR 1.00 X 0 0 0 MARK DALTON DIRECTOR 1.00 X 0 0 0 MEGAN MCMANEMIN DIRECTOR 1.00 X 0 0 0 MIKE ARMSTRONG DIRECTOR 1.00 X 0 0 0 RICHARD BETTS DIRECTOR 1.00 2.00 X 0 0 0 RON ALLRED DIRECTOR 1.00 X 0 0 0 SARAH BACHMAN DIRECTOR 1.00 X 0 0 0 SAGE MARTIN DIRECTOR 1.00 X 0 0 0 TRICIA MAXON DIRECTOR 1.00 X 0 0 0 XIMENA REBOLLEDO LEON DIRECTOR 1.00 X 0 0 0 ARNIE CHAVKIN DIRECTOR 1.00 X 0 0 0 KAREN CONWAY DIRECTOR 1.00 X 0 0 0 LAILA BENITEZ DIRECTOR 1.00 X 0 0 0 DAN TISHMAN CHAIRMAN 1.00 X X 0 0 0 BRIDGETT EVANS VICE-CHAIR 1.00 X X 0 0 0 TULLY FRIEDMAN VICE-CHAIR 1.00 X X 0 0 0 JESSE JOHNSON SECRETARY 1.00 X X 0 0 0 DAN JANSEN TREASURER 1.00 X X 0 0 0 PAUL MAJOR PRESIDENT & CEO 40.00 2.00 X 186725 0 0 186725 0 0 1 0 1 0 0 344078 3280448 5000 3624526 FUND MANAGEMENT FEES 900099 278387 278387 OTHER PROGRAM INCOME 900099 220535 220535 PROGRAM EVENTS 900099 30950 30950 PROGRAM FEES 900099 14093 14093 543965 61345 61345 4229836 543965 0 61345 X 1872938 1872938 180876 108525 18088 54263 494090 351827 37760 104503 21685 14790 1794 5101 201840 137662 16701 47477 49032 33442 4057 11533 10718 7223 3495 91687 57055 31379 3253 704823 704823 24531 24531 59679 57903 512 1264 78089 55727 6425 15937 195326 190312 1445 3569 110285 105275 1252 3758 44721 36875 2697 5149 35732 27956 3888 3888 9426 4720 4272 434 FUND ADMINISTRATIVE FEE 278387 250548 27839 0 BAD DEBT EXPENSE 126828 126828 SPECIAL EVENTS 77215 77215 WEBSITE DESIGN AND MAIN 44671 32989 2911 8771 28186 22377 2673 3136 4740765 4097498 294016 349251 8963 13376 3268622 2886210 5154581 5027017 346092 161325 50000 152560 188247 1180097 18231 30895 669276 253468 431540 415808 4718932 5475196 22525 22625 14207733 15365109 107359 173728 1334334 1233480 1300 7200 0 1000000 1442993 2414408 X 6520110 6990315 6244630 5960386 12764740 12950701 14207733 15365109 X -510929 700802 26088 -30000 X 0 1 X 1 1 1 X 3402015 4481581 5504452 6301972 3624526 23314546 3402015 4481581 5504452 6301972 3624526 23314546 5061083 18253463 202768 207333 579072 324883 61345 1375401 24689947 1593816 0.73930 0.74560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17 580611 3685625 1 1 0 1 X 514784 145095 369689 154492 108373 46119 415808 CHFA LOAN 1000000 1000000 X 4956784 700859 26089 726948 4229836 0 4229836 4770764 30000 30000 4740764 0 4740764 PART IV, LINE 2B: THE FOUNDATION IS THE RECIPIENT OF FUNDS FROM TWO UNAFFILIATED NONPROFIT ORGANIZATIONS WHEREBY THE FOUNDATION HAS AGREED TO MAINTAIN A FUND ON BEHALF OF BOTH ORGANIZATIONS FOR AN ADMINISTRATIVE FEE RANGING BETWEEN 0.75% AND 1.00% PER YEAR. THE AMOUNTS RECEIVED AND DISBURSED BY THE FOUNDATION FOR THESE FUNDS ARE NOT CONSIDERED REVENUE AND EXPENSES OF THE FOUNDATION AS THE UNAFFILIATED ORGANIZATIONS RETAIN THE EXCLUSIVE RIGHT TO DETERMINE THE EXPENDITURES. THE BALANCES OF FUNDS RECEIVED BY THE FOUNDATION BUT NOT DISBURSED ARE REFLECTED AS AGENCY PAYABLES IN THE ACCOMPANYTING CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. INCOME EARNED ON THE FUNDS RECEIVED AND HELD BY THE FOUNDATION IS RECORDED AS AN INCREASE TO THE AGENCY PAYABLE PART X, LINE 2: THE FOUNDATION REVIEWS AND ASSESSES ALL ACTIVITIES ANNUALLY TO IDENTIFY ANY CHANGES IN THE SCOPE OF THE ACTIVITIES AND REVENUE SOURCES AND THE TAX TREATMENT THEREOF TO IDENTIFY ANY UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018. MANAGEMENT DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION OR DISCLOSURE IN THESE CONSOLIDATED FINANCIAL STATEMENTS. PART XII, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT IN TVA 30,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS PAID TO SUPPORTED ORGANIZATION 1 7TH JUDICIAL DISTRICT CHILD ADVOCACY CENTER 735 S 1ST STREET MONTROSE CO 81401 202086127 501C3 12000 OPERATIONS AH HAA SCHOOL FOR THE ARTS PO BOX 1590 TELLURIDE CO 81435 232594045 501C3 87000 OPERATIONS AMERICAN CIVIL LIBERTIES UNION FOUNDATION INC 125 BROAD STREET NEW YORK NY 100042400 136213516 501C3 25000 OPERATIONS ANGEL BASKETS PMB22000 BOX 180 TELLURIDE CO 81435 900186107 501C3 15600 OPERATIONS BASIN CLINIC INC PO BOX 340 NATURITA CO 81422 840820573 501C3 14000 OPERATIONS BRIGHT FUTURES PO BOX 4216 TELLURIDE CO 81435 202169766 501C3 17500 OPERATIONS COLORADO MESA UNIVERSITY 1100 NORTH AVE GRAND JUNCTION CO 81501 846037667 SCHOOL 7500 SCHOLARSHIPS EVERYMAN THEATER 315 W FAYATTE STREET BALTIMORE MD 21201 521593239 501C3 50000 OPERATIONS EXECUTIVES PARTNERING TO INVEST IN CHILDREN 711 PARK AVE WEST DENVER CO 80205 473951585 501C3 12500 OPERATIONS FRENCH AMERICAN FOUNDATION 28 W 44TH STREET STE 1420 NEW YORK NY 10036 132847092 501C3 10000 OPERATIONS FRIENDS OF THE RIDGEWAY LIBRARY PO BOX 563 RIDGWAY CO 81432 841323398 501C3 18000 OPERATIONS FRIENDS OF THE WRIGHT OPERA HOUSE 472 MAN ST OURAY CO 81427 262039839 501C3 15000 OPERATIONS GROUP FOR THE EAST END INC PO BOX 569 BRIDGEHAMPTON NY 11932 136379135 501C3 12500 OPERATIONS JOHN'S HOPKINS UNIVERSITY 3400 N CHARLES ST WYMAN SUITE 500W BALTIMORE MD 21218 520595110 SCHOOL 68260 OPERATIONS JUST FOR KIDS FOUNDATION PO BOX 308 TELLURIDE CO 81435 841560982 501C3 50000 OPERATIONS LEVINDALE HEBREW HOME AND INFIRMARY INC GREENSPRING BELVEDERE AVENUES BALTIMORE MD 21215 520607913 501C3 50000 OPERATIONS MANOLO NIETO PERSON 7500 OPERATIONSOPERATIONS MARYLAND SPCA INC 3300 FALLS ROAD BALTIMORE MD 21211 526001558 501C3 50000 OPERATIONS MIDWESTERN COLORADO MENTAL HEALTH CENTER 2130 E MAIN STREET MONTROSE CO 81401 840561224 501C3 18000 OPERATIONS MONTROSE REGIONAL LIBRARY DISTRICT 320 S 2ND MONTROSE CO 81401 840589996 TAXING DISTRICT 10000 OPERATIONS MOUNTAIN MUNCHIKINS CHILD CARE AND PRESCHOOL 455 MOUNTAIN VILLAGE BLVD STE A TELLURIDE CO 81435 841299345 501C3 30000 OPERATIONS MOUNTAIN SPROUTS PRESCHOOL INC PO BOX 1942 TELLURIDE CO 81435 841606568 501C3 10000 OPERATIONS MOUNTAINFILM LTD PO BOX 1088 TELLURIDE CO 81435 841271056 501C3 39262 OPERATIONS NATIONAL FILM PRESERVE LTD 800 JONES STREET BERKLEY CO 94710 237426302 501C3 20000 OPERATIONS NATIONAL LGBTQ TASK FORCE 1325 MASSACHUSETTS AVE SUITE 600 WASHINTON DC 20005 521624852 501C3 10000 OPERATIONS NEO PHILANTHROPY 641 S ST NW 3RD FLOOR WASHINTON DC 20001 133191113 501C3 10000 OPERATIONS NORWOOD PARK AND RECREATION DISTRICT PO BOX 645 NORWOOD CO 81423 263911991 TAXING DISTRICT 9500 OPERATIONS PALM ARTS INC 721 W COLORADO AVE TELLURIDE CO 81435 270962251 501C3 17500 OPERATIONS PHILANTHROPY COLORADO 5855 WADSWORTH BYPASS ARVADA CO 80003 710947313 501C3 10000 OPERATIONS RAINBOW SCHOOL AND DAYCARE CENTER INC PO BOX 1127 TELLURIDE CO 81435 840747586 501C3 27000 OPERATIONS REGION 10 ECONOMIC ASSISTANCE & PLANNING 300 N CASCADE SUITE 1 MONTROSE CO 81401 840631483 501C3 68000 OPERATIONS SAN MIGUEL AND OURAY COUNTIES JUVENILE DIVERSION PROGRAM PO BOX 1068 TELLURIDE CO 81435 846000806 GOVERNMENT 12000 OPERATIONS SAN MIGUEL AUTHORITY FOR REGIONAL TRANSPORTATION PO BOX 3140 TELLURIDE CO 81435 844551852 GOVERNMENT 20000 OPERATIONS SAN MIGUEL MENTORING PROGRAM PO BOX 1574 TELLURIDE CO 81435 841502625 501C3 40000 OPERATIONS SECOND CHANCE HUMANE SOCIETY 177 COUNTY RD 10 RIDGWAY CO 81432 841266231 501C3 20500 OPERATIONS SOUTHWEST INSTITUTE FOR RESILIENCE PO BOX 1541 TELLURIDE CO 81435 841550594 501C3 18000 OPERATIONS ST JOHN'S EPISCOPAL CHURCH PO BOX 563 OURAY CO 81427 237437556 5O1C3 10000 OPERATIONS STATE OF COLORADO GOVERNMENT 50000 OPERATIONS TELLURIDE ACADEMY 300 MAHONEY DRIVE TELLURIDE CO 81435 840945670 501C3 30000 OPERATIONS TELLURIDE ADAPTIVE SPORTS PROGRAM PO BOX 2254 TELLURIDE CO 81435 841337870 501C3 30000 OPERATIONS TELLURIDE CHAMBER MUSIC ASSOCIATION PO BOX 115 TELLURIDE CO 81435 742319709 5O1C3 8500 OPERATIONS TELLURIDE COMMUNITY TELEVISION PO BOX 1521 TELLURIDE CO 81435 841128348 501C3 7500 OPERATIONS TELLURIDE EDUCATION FOUNDATION INC PO BOX 3548 TELLURIDE CO 81435 841251006 501C3 13000 OPERATIONS TELLURIDE MEDICAL CENTER FOUNDATION PO BOX 1229 TELLURIDE CO 81435 263556757 501C3 32000 OPERATIONS TELLURIDE MOUNTAIN SCHOOL INC 200 SAN MIGUEL RIVER TELLURIDE CO 81435 841481180 501C3 12016 OPERATIONS TELLURIDE R1 SCHOOL DISTRICT 725 W COLORADO AVE TELLURIDE CO 81435 980292700 SCHOOL 20500 OPERATIONS TELLURIDE SKI AND SNOWBOARD CLUB INC PO BOX 2824 TELLURIDE CO 81435 841152879 501C3 25000 PROJECTS AND OPERATIONS TELLURIDE THEATRE PO BOX 2469 TELLURIDE CO 81435 841153491 501C3 24000 OPERATIONS TELLURIDE YOUTH LACROSSE PO BOX 662 TELLURIDE CO 81435 201119243 501C3 6500 OPERATIONS TELLURIDE YOUTH SOCCER CLUB PO BOX 1799 TELLURIDE CO 81435 841569268 5O1C3 10378 OPERATIONS THE PINHEAD INSTITUTE INC PO BOX 2905 TELLURIDE CO 81435 841605984 501C3 24500 OPERATIONS TRUE NORTH YOUTH PROGRAM PO BOX 2072 TELLURIDE CO 81435 464789197 501C3 15000 OPERATIONS TRUST FOR COMMUNITY HOUSING PO BOX 2007 TELLURIDE CO 81435 824263384 5O1C3 12500 OPERATIONS UNCOMPAHGRE MEDICAL CENTER 1350 ASPEN ST A NORWOOD CO 81423 LLC 28000 OPERATIONSOPERATIONS UNCOMPAHGRE WATERSHED PARTNERSHIP PO BOX 392 RIDGWAY CO 81432 462946756 501C3 11000 OPERATIONS UNITED STATES SKI & SNOWBOARD TEAM FOUNDATION PO BOX 100 PARK CITY UT 84060 846030639 501C3 10002 OPERATIONS UNIVERSITY OF COLORADO 2055 REGENT DR BOULDER CO 80309 846000555 SCHOOL 15000 SCHOLARSHIPS UNIVERSITY OF DENVER 2199 S UNIVERSITY BLVD DENVER CO 80208 840404231 SCHOOL 22500 SCHOLARSHIPS WEEHAWKEN CREATIVE ARTS PO BOX 734 RIDGWAY CO 81432 753145854 501C3 8000 OPERATIONS WEST END FAMILY LINK PO BOX 602 NUCLA CO 81424 841611560 501C3 15000 OPERATIONS WESTERN COLORADO COMMUNITY FOUNDATION PO BOX 4334 GRAND JUNCTION CO 81502 841354894 501C3 10000 OPERATIONS WESTERN COLORADO UNIVERSITY PO BOX 1264 GUNNISON CO 81230 840709935 SCHOOL 12045 OPERATIONS WRIGHT STUFF COMMUNITY FOUNDATION PO BOX 340 TELLURIDE CO 81435 841452620 501C3 35000 OPERATIONS YOUNG PEOPLE'S CHORUS OF NEW YORK CITY INC 37 W 65TH STREET 2ND FLOOR NEW YORK NY 10023 113372980 501C3 25000 OPERATIONS PART I, LINE 2: AS RECOMMENDED BY THE COUNCIL ON FOUNDATIONS, THE FOUNDATION FOLLOWS BEST PRACTICES OF DUE DILIGENCE FOR GRANTEES BY 1) CHECKING CURRENT IRC SECTION CODE 501(C)(3) STATUS WITH THE IRS DATABASE, 2) CHECKING CURRENT COLORADO STATE "GOOD STANDING" STATUS, 3) REQUIRING DOCUMENTATION OF MISSION, BOARD OF DIRECTORS, CURRENT FINANCIAL AND AUDIT (IF AVAILABLE), AND 4) REQURING ALL GRANTEES TO REPORT BACK WITHIN 9 MONTHS OF FINANCIAL AND PROGRAM/PROJECT PERFORMANCE. X X X 0 0 0 0 0 0 0 0 0 PAUL MAJOR PRESIDENT & CEO 180875 0 0 0 5850 0 0 0 0 0 186725 0 0 0 PAUL MAJOR PRESIDENT RESIDENCE X 150000 152560 0 1 1 152560 FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION HIRES AN INDEPENDENT ACCOUNTING FIRM TO PREPARE THE FEDERAL FORM 990. UPON SUBMISSION, THE DRAFT FORM 990 IS REVIEWED AND APPROVED BY THE FOUNDATION'S AUDIT COMMITTEE MEMEBERS AND MANAGEMENT STAFF. ONCE APPROVED, THE FOUNDATION EMAILS A WEB LINK OF THE FEDERAL FORM 990 TO EACH BOARD MEMBER TO VIEW BEFORE THE FINAL COPY IS SUBMITTED TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE FOUNDATION ASKS BOARD MEMBERS AND STAFF TO COMPLETE A DISCLOSURE FORM WHICH REQUIRES THEM TO IDENTIFY ANY POTENTIAL CONFLICTS OF INTEREST. AFTER FULL DISCLOSURE, THE CONFLICTED FOUNDATION ASSOCIATE MAY BE PRESENT FOR DISCUSSION OF THE MATTER AT HIS OR HER DISCRETION. AN ASSOCIATE SHALL BE ALLOWED TO VOTE ON THE MATTER IF THE CONFLICT IS OF THE SAME DEGREE AS IF THE ASSOCIATE WERE A TRUSTEE OR MEMBER OF THE BOARD OF DIRECTORS OF A COPORATION WHICH WOULD BE ADVANTAGED OR DISADVANTAGED BY THE OUTCOME OF FOUNDATION ACTION OR INACTION. AN ASSOCIATE SHALL NOT VOTE ON THE MATTER IF THE ASSOCIATE'S PERSONAL FINANCIAL INTEREST WOULD BE ADVANTAGED OR DISADVANTAGED BY FOUNDATION ACTION OR INACTION. IN THE EVENT THERE IS A BREACH OF THIS POLICY OR ALLEGATION OF A BREACH BROUGHT BY A FOUNDATION ASSOCIATE, THE MATTER SHALL BE REVIEWED AND CONSIDERED BY THE EXECUTIVE COMMITTEE. IN ITS REVIEW OF THE MATTER, THE EXECUTIVE COMMITTEE SHALL DECIDE WHAT REMEDY, IF ANY, IS APPROPRIATE AND WHICH THE FOUNDATION SHALL IMPOSE. ANY PARTY TO THE MATTER MAY APPEAL THE DECISION OF THE EXECUTIVE COMMITTEE TO THE BOARD OF DIRECTORS, FOR REVIEW, CONSIDERATION AND FINAL DECISION BY THE BOARD OF DIRECTORS IN A PROCESS TO BE DETERMINED BY THE BOARD OF DIRECTORS, AND WHICH DECISION BY THE BOARD OF DIRECTORS SHALL BE FINAL. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION REVIEWS THE PERFORMANCE AND DETERMINES COMPENSATION FOR THE CEO BASED ON AN ANNUAL PERFORMANCE REVIEW SURVEY WHICH WAS COMPLETED BY EXECUTIVE COMMITTEE MEMBERS, A REVIEW OF THE PERFORMANCE SURVEY RESULTS WITH THE CEO AND MEMBERS OF THE EXECUTIVE COMMITTEE (INCLUDING THE BOARD CHAIR) AND A COMPENSATION COMPARISON BASED REVIEW ON THE INDUSTRY WIDE COUNCIL ON FOUNDATION OR COLORADO ASSOCIATION OF FUNDERS SALARY AND BENEFITS SURVEY. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FEDERAL FORM 990, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON ITS WEBSITE AND/OR UPON REQUEST. THE FEDERAL FORM 990 CAN ALSO BE FOUND ON GUIDESTAR TO VIEW PREVIOUSLY FILED FEDERAL FORM 990. FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 704,823. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 704,823. FORM 990, PART XI, LINE 9: TVA INVESTMENTS -30,000. SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION TELLURIDE FOUNDATION PO BOX 4222 TELLURIDE, CO 81435 EMPLOYER IDENTIFICATION NUMBER: 84-1530768 FOR THE YEAR ENDING DECEMBER 31, 2018 TELLURIDE FOUNDATION IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F) TVA WORKS LLC PO BOX 4220 TELLURIDE CO 81435 823753005 CO-WORKING SPACE CO TELLURIDE FOUNDATION TRI-COUNTY HEALTH NETWORK PO BOX 4220 TELLURIDE CO 81435 274743848 HEALTH & HUMAN SERVICES CO 501(C)(3) LINE 7 TELLURIDE FOUNDATION 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 TRI-COUNTY HEALTH NETWORK B COST TRI-COUNTY HEALTH NETWORK P COST TRI-COUNTY HEALTH NETWORK Q COST TRI-COUNTY HEALTH NETWORK R PASS THROUGH INCOME