THE JAY & ROSE PHILLIPS FAMILY FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: THE JAY & ROSE PHILLIPS FAMILY FOUNDATION (EIN 27-4196851)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-11-13
IRS object ID: 201823179349101812
Schema version: 2017v2.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Accounting Fees Schedule
Depreciation Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Other Schedule2
Legal Fees Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-11-13T15:23:10-06:00	ReturnTs
Tax Period End	2017-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SEILER LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	THREE LAGOON DR STE 400	AddressLine1Txt
City	REDWOOD CITY	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94065	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2017-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	274196851	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE JAY & ROSE PHILLIPS FAMILY FOUNDATION	BusinessNameLine1Txt
Business Name Line2	OF COLORADO	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
In Care Of	% SEILER LLP	InCareOfNm
Business Name Control	JAYR	BusinessNameControlTxt
Phone	4156251050	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	16 POLO CLUB DRIVE	AddressLine1Txt
City	DENVER	CityNm
State Abbreviation	CO	StateAbbreviationCd
ZIP	80209	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	WILLIAM E BERNSTEIN	PersonNm
Person Title	DIRECTOR	PersonTitleTxt
Phone	6503654646	PhoneNum
Signature	2015-05-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	BRADFORD E WATTERSON	PreparerPersonNm
PTIN	P00082812	PTIN
Phone	6503654646	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	12.97.82.67	IPv4AddressTxt

Field	Value	IRS element (for citing)
Federal Original Submission Id	94293920183175000007	FederalOriginalSubmissionId
Federal Original Submission Id	2018-11-13	FederalOriginalSubmissionIdDt
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	0FCFD92ED562343EE83C6AA8A256C048DA3D93DF	AtSubmissionCreationDeviceId
At Submission Filing Device Id	0FCFD92ED562343EE83C6AA8A256C048DA3D93DF	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$75,169,770	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$0	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$2,066,246	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$1,995,791	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$11,296,726	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$71,068,200	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$15,034,616	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$140,619	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$162,909	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$13,503,591	TotalRevAndExpnssAmt
Total Net Invst Incm	$17,193,316	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Legal Fees Rev And Expnss	$12,128	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$6,064	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$6,064	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$37,540	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$18,770	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$18,770	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$193,720	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$191,806	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$1,931	OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss	$4	InterestRevAndExpnssAmt
Interest Net Invst Incm	$4	InterestNetInvstIncmAmt
Taxes Rev And Expnss	$212,563	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$92,744	TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss	$72,602	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$47,814	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$4,648	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$528,557	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$357,202	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$31,413	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$3,847,510	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$3,847,510	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$4,376,067	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$357,202	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$3,878,923	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$9,127,524	ExcessRevenueOverExpensesAmt
Net Investment Income	$16,836,114	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$652,205	CashBOYAmt
Cash EOY	$342,833	CashEOYAmt
Cash EOYFMV	$342,833	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$711,132	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$1,554,941	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$1,554,941	SavAndTempCashInvstEOYFMVAmt
US Government Obligations EOY	$2,511,069	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$2,511,069	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$37,136,773	CorporateStockBOYAmt
Corporate Stock EOY	$56,085,025	CorporateStockEOYAmt
Corporate Stock EOYFMV	$56,085,025	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$17,733,356	CorporateBondsBOYAmt
Corporate Bonds EOY	$12,900,510	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$12,900,510	CorporateBondsEOYFMVAmt
Other Investments BOY	$9,981,186	OtherInvestmentsBOYAmt
Other Investments EOY	$1,775,392	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$1,775,392	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$66,214,652	TotalAssetsBOYAmt
Total Assets EOY	$75,169,770	TotalAssetsEOYAmt
Total Assets EOYFMV	$75,169,770	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$66,214,652	UnrestrictedBOYAmt
Unrestricted EOY	$75,169,770	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$66,214,652	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$75,169,770	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$66,214,652	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$75,169,770	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$66,214,652	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$9,127,524	ExcessRevenueOverExpensesAmt
Subtotal	$75,342,176	SubtotalAmt
Other Decreases	$172,406	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$75,169,770	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PUBLICLY TRADED SECURITIES	P	2001-01-01	2017-12-31	$62,972,118	$56,033,584	$6,938,534	$6,938,534
LONG TERM CAPITAL GAIN DISTRIBUTION	P	2001-01-01	2017-12-31	$395,180		$395,180	$395,180
SEMPER VIC PTRS - CAPITAL GAIN	P	2000-01-01	2017-12-31	$5,499,334		$5,499,334	$5,499,334
CF MARATHON LONDON - CAPITAL GAIN	P	2000-01-01	2031-12-31	$2,201,568		$2,201,568	$2,201,568

Field	Value	IRS element (for citing)
Capital Gain Net Income	$15,034,616	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$3,440,164	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$66,260,823	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.051919	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$3,485,728	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$70,285,945	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.049594	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$3,452,378	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$71,211,139	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.048481	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$3,004,064	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$66,921,364	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.044889	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$3,010,463	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$60,496,324	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.049763	DistributionYr5Rt
Total Distribution	0.244646	TotalDistributionRt
Average Distribution	0.048929	AverageDistributionRt
Net Vl Noncharitable Assets	$71,807,690	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$3,513,478	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$168,361	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$3,681,839	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$3,878,923	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$168,361	InvestmentIncomeExciseTaxAmt
Subtotal	$168,361	SubtotalAmt
Tax Based On Investment Income	$168,361	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$145,147	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$50,000	ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits	$195,147	TotalPaymentsAndCreditsAmt
Overpayment	$26,786	OverpaymentAmt
Applied To ES Tax	$26,786	AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	CO	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	NONE	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	SEILER LLP	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6503654646	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	THREE LAGOON DRIVE SUITE 400	AddressLine1Txt
City	REDWOOD CITY	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	940655157	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	Yes (true)	ForeignAccountsQuestionInd
Foreign Country	UK	ForeignCountryCd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (true)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
PAULA P BERNSTEIN
16 POLO CLUB DRIVE	DENVER	CO	80209	CHAIR	5.0	$0	$0	$0
WILLIAM E BERNSTEIN
16 POLO CLUB DRIVE	DENVER	CO	80209	DIRECTOR	5.0	$0	$0	$0
ERIK P BERNSTEIN
1113 SPRUCE STREET SUITE D401-D	BOULDER	CO	80302	SECRETARY	5.0	$0	$0	$0
JOHN P LEVIN
199 FREMONT STREET 23RD FLOOR	SAN FRANCISCO	CA	94105	TREASURER	5.0	$0	$0	$0

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE NORTHERN TRUST COMPANY	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 803878	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60680	ZIPCd

Field	Value	IRS element (for citing)
Service Type	INVESTMENT FEES	ServiceTypeTxt
Compensation	$224,526	CompensationAmt

Field	Value	IRS element (for citing)
Summary Of Direct Chrtbl Acty		SummaryOfDirectChrtblActyGrp
Sum Of Program Related Invst		SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$64,210,610	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$2,657,145	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$6,033,453	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$72,901,208	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$72,901,208	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$1,093,518	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$71,807,690	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$3,590,385	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$3,590,385	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$168,361	TaxBasedOnInvestmentIncomeAmt
Total Tax	$168,361	TotalTaxAmt
Distributable Before Adj	$3,422,024	DistributableBeforeAdjAmt
Distributable Before Ded	$3,422,024	DistributableBeforeDedAmt
Distributable As Adjusted	$3,422,024	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$3,878,923	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid	$0	CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test	$0	SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test	$0	SetAsideCashDistriTestAmt
Qualifying Distributions	$3,878,923	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$168,361	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$3,710,562	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$3,422,024	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Prior Year1	2015	PriorYear1Yr
Prior Year2	2014	PriorYear2Yr
Prior Year3	2013	PriorYear3Yr
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$67,441	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr2	$46,921	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$184,119	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$298,481	TotalExcessDistributionCyovAmt
Qualifying Distributions	$3,878,923	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Current Year	$3,422,024	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$456,899	RemainingDistriFromCorpusAmt
Total Corpus	$755,380	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$67,441	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$687,939	ExcessDistriCyovToNextYrAmt
Excess From Year2	$46,921	ExcessFromYear2Amt
Excess From Year1	$184,119	ExcessFromYear1Amt
Excess From Current Year	$456,899	ExcessFromCurrentYearAmt

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (54 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
ADL Mountain States Region
1120 Lincoln St	Denver	CO	80203	NONE	PC	No Place for Hate	$35,000
Advocates for Children
10855 E Bethany Dr 200	Aurora	CO	80014	NONE	PC	unrestricted	$30,000
Bayaud Enterprises
333 W Bayaud Ave	Denver	CO	80223	NONE	PC	unrestricted	$47,500
Boulder County CareConnect
4800 RIVERBEND RD	Boulder	CO	80307	NONE	PC	Safety Net Services Program	$10,000
Boulder Jewish Community Center
3800 KALMIA AVE	Boulder	CO	80301	NONE	PC	CAPITAL & OPERATING FUNDS	$290,000
Brothers Redevelopment Inc
2250 Eaton St GRAND LEVEL STE B	Edgewater	CO	80214	NONE	PC	unrestricted	$50,000
Catholic Charities of Denver
4045 Pecos St	Denver	CO	80211	NONE	PC	Samaritan House & marison home	$112,000
Centro Humanitario Para Los Trabajadores
2260 California St	Denver	CO	80205	NONE	PC	unrestricted	$50,000
Colorado Center for the Blind
2233 W Shepperd Ave	Littleton	CO	80120	NONE	PC	unrestricted	$30,000
Colorado Center on Law & Policy
789 Sherman St 300	Denver	CO	80203	NONE	PC	unrestricted	$52,000
Colorado Children's Campaign Inc
1580 Lincoln St 420	Denver	CO	80203	NONE	PC	unrestricted	$40,000
Colorado Coalition for the Homeless
2111 CHAMPA ST	Denver	CO	80205	NONE	PC	unrestricted	$130,000
Colorado Cross Disability Coalition
655 BROADWAY ST STE 775	Denver	CO	80203	NONE	PC	unrestricted	$15,000
Colorado Nonprofit Association
455 SHERMAN ST STE 207	Denver	CO	80203	NONE	PC	unrestricted	$15,000
Colorado Youth for a Change
2490 W 26th Ave BLDG A STE 110	Denver	CO	80211	NONE	PC	unrestricted	$20,000
Community Shares of Colorado
789 Sherman St 230	Denver	CO	80203	NONE	PC	unrestricted	$20,000
Craig Hospital Foundation
3425 S Clarkson St	Englewood	CO	80113	NONE	PC	Peer Mentor Soft Landing Pilot Project & CAPITAL PHASE II	$371,390
Disability Law Colorado
455 Sherman St 130	Denver	CO	80203	NONE	PC	Legal Assistance Developer	$20,000
Domestic Violence Initiative FOR WOMEN
1120 LINCOLN ST STE 900	Denver	CO	80203	NONE	PC	unrestricted	$25,000
Early Milestones Colorado
165 Madison St	Denver	CO	80206	NONE	PC	unrestricted	$50,000
Emergency Family Assistance Association
1575 Yamouth Ave	Boulder	CO	80304	NONE	PC	unrestricted	$10,000
Emily Griffith Foundation Inc
1860 Lincoln St	Denver	CO	80203	NONE	PC	360 Degree Program for Parents as Students	$40,000
Family Resource Center Association Inc
1888 Sherman St 100	Denver	CO	80203	NONE	PC	Support for 6 FRCs, CFEC Model Implementation, DEVELOPMENT & MARKETING.	$285,000
Family Star Inc
2246 FEDERAL BOULEVARD	DENVER	CO	80211	NONE	PC	unrestricted	$10,000
Florence Crittenton Services OF COLORADO
96 S Zuni St	Denver	CO	80223	NONE	PC	unrestricted	$40,000
GLBT Community Center of Colorado
1301 E Colfax Ave	Denver	CO	80218	NONE	PC	Rainbow Alley	$45,000
Growing Home
3489 W 72nd Ave 110	Westminster	CO	80030	NONE	PC	unrestricted	$20,000
HEART of Boardwalk IncCHARG Resource Ctr
709 E 12th Ave	Denver	CO	80203	NONE	PC	unrestricted	$15,000
Intercambio De Comunidades
4735 Walnut St B	Boulder	CO	80301	NONE	PC	UNRESTRICTED	$15,000
Invest in Kids
1775 Sherman St 2075	Denver	CO	80203	NONE	PC	unrestricted	$40,000
Jewish Community Center of Denver
350 S Dahlia St	Denver	CO	80246	NONE	PC	Camp Shai Inclusion & INCLUSION CORDINATING YEAR ONE.	$106,314
Jewish Family Service of Colorado
3201 S Tamarac Dr	Denver	CO	80231	NONE	PC	SENIOR SOLUTIONS, JEWISH DISABILITY ADVOCATES, & BOULDER JFS.	$658,421
JEWISHcolorado
300 S Dahlia St 300	Denver	CO	80246	NONE	PC	ECE EDUCATOR, CAJE EARLY CHILE EDUCATOR, JECE ANNUAL SCHOLARSHIP FUND, & KOSHER MEALS ON WHEELS	$182,085
KAVOD Senior Life
22 S Adams St	Denver	CO	80209	NONE	PC	Senior Support Services	$20,000
Maria Droste Services of Colorado
1355 S Colorado Blvd 100	Denver	CO	80222	NONE	PC	unrestricted	$40,000
Metro Volunteers
789 Sherman St 220	Denver	CO	80203	NONE	PC	unrestricted	$30,000
Mi Casa Resource Center
360 Acoma St	Denver	CO	80223	NONE	PC	General Operating Support	$90,000
National Jewish Health
1400 Jackson St	Denver	CO	80206	NONE	PC	Center for Outpatient Health	$50,000
Parent Possible
3751 MLK Jr Blvd	Denver	CO	80205	NONE	PC	unrestricted	$20,000
Rose Community Foundation
600 S Cherry St 1200	Denver	CO	80246	NONE	PC	Latino Community FOUNDATION of COLORADO, BOULDER JEWISH COMMUNITY STUDY, & DENVER OPPORTUNITY YOUTH INITIATIVE.	$140,000
Sewall Child Development Center
1360 VINE ST	Denver	CO	80206	NONE	PC	unrestricted	$18,000
Shalom Cares
14800 E Belleview Dr	Aurora	CO	80015	NONE	PC	Capital	$80,000
St Francis Center
2323 Curtis Street	Denver	CO	80205	NONE	PC	unrestricted	$25,000
The Bell Policy Center
1905 Sherman St 900	Denver	CO	80203	NONE	PC	Operating Support & RESEARCH CAPACITY	$125,000
The Family Learning Center
3164 34th St	Boulder	CO	80301	NONE	PC	unrestricted	$50,000
The Gathering Place
1535 N High St	Denver	CO	80218	NONE	PC	unrestricted	$30,000
Urban Peak Denver
730 21st St	Denver	CO	80205	NONE	PC	Capital & ROWAN GARDENS CASE MANAGEMENT	$20,800
Warren Village
1323 Gilpin St	Denver	CO	80218	NONE	PC	unrestricted	$20,000
Work Options for Women
1200 Federal Blvd	Denver	CO	80204	NONE	PC	unrestricted	$20,000
Colorado Nonprofit Development Center
789 Sherman St 250	Denver	CO	80203	NONE	PC	Boomer Leading Change	$44,000
Denver Asset Building Coaliton
2009 Wadsworth Blvd 100	Lakewood	CO	80214	NONE	PC	unrestricted	$30,000
Focus Points Family Resource Center
2501 E 48th Ave	Denver	CO	80216	NONE	PC	Roots Family Center	$10,000
Laradon Foundation Inc
5100 Lincoln St	Denver	CO	80216	NONE	PC	unrestricted	$30,000
Planned Parenthood of the Rocky Mountains
7155 E 38th Ave	Denver	CO	80207	NONE	PC	unrestricted	$75,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$3,847,510	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Field	Value	IRS element (for citing)
Fees Contracts From Govt Ag		FeesContractsFromGovtAgGrp
Membership Dues And Assmnt		MembershipDuesAndAssmntGrp
Int On Sav And Temp Cash Invst		IntOnSavAndTempCashInvstGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$2,066,246	ExclusionAmt

Field	Value	IRS element (for citing)
Net Rntl Incm Re Debt Fincd Prop		NetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Income Personal Prop		NetRentalIncomePersonalPropGrp
Other Investment Incm Part VII		OtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$11,296,726	ExclusionAmt

Field	Value	IRS element (for citing)
Net Income Loss From Special Evt		NetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of Invntry		GrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDesc	ExclusionExclusionCd	ExclusionExclusionAmt
OTHER INCOME	01	$122,472
EXCISE TAX REFUND	01	$18,147

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$13,503,591	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$13,503,591	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$37,540	Amt
Net Investment Income	$18,770	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$18,770	DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	SEE ATTACHMENT C	BondNm
EOY Book Value	$12,900,510	EOYBookValueAmt
EOYFMV	$12,900,510	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	SEE ATTACHMENT B	StockNm
EOY Book Value	$56,085,025	EOYBookValueAmt
EOYFMV	$56,085,025	EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$2,511,069	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$2,511,069	USGovtObligationsEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	SEE ATTACHMENT D	CategoryOrItemTxt
Book Value	$1,775,392	BookValueAmt
EOYFMV	$1,775,392	EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$12,128	LegalFeesAmt
Net Investment Income	$6,064	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$6,064	DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED LOSS	Desc
Amt	$172,406	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
CUSTODY FEES	$37,534	$37,534
TRANSACTION FEES	$2,000	$2,000
INVESTMENT EXPENSES	$23,772	$3,632
ADMINISTRATIVE SERVICES	$9,296	$4,648	$4,648

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (4 entries)

DescDesc	Net Investment IncomeNetInvestmentIncomeAmt	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
SEMPER VIC PARTNERS - PORTFOLIO INCOME	$2,490
CF MARATHON LONDON INTL - OTHER INCOME	$160,419
OTHER INCOME		$122,472
EXCISE TAX REFUND		$18,147

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT MANAGEMENT FEES	$186,992	$187,009
INVESTMENT CONSULTING FEES	$2,866	$2,866
OTHER CONSULTING FEES	$3,862	$1,931	$1,931

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
FEDERAL EXCISE TAXES	$151,147
FOREIGN TAXES PAID	$61,416	$92,744