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    <ReturnTs>2017-05-17T10:41:38-05:00</ReturnTs>
    <TaxPeriodEndDt>2016-12-31</TaxPeriodEndDt>
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        <BusinessNameLine1Txt>GOUGER FRANZMANN &amp; REDMAN LLC</BusinessNameLine1Txt>
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      <PreparerUSAddress>
        <AddressLine1Txt>5619 DTC Parkway Suite 475</AddressLine1Txt>
        <CityNm>Greenwood Village</CityNm>
        <StateAbbreviationCd>CO</StateAbbreviationCd>
        <ZIPCd>80111</ZIPCd>
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      <BusinessName>
        <BusinessNameLine1Txt>Rakowich Family Foundation</BusinessNameLine1Txt>
      </BusinessName>
      <InCareOfNm>% WALTER C RAKOWICH</InCareOfNm>
      <BusinessNameControlTxt>RAKO</BusinessNameControlTxt>
      <USAddress>
        <AddressLine1Txt>1700 Lincoln Street MAC C7300-498</AddressLine1Txt>
        <CityNm>Denver</CityNm>
        <StateAbbreviationCd>CO</StateAbbreviationCd>
        <ZIPCd>80203</ZIPCd>
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    </Filer>
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      <PersonNm>WALTER C RAKOWICH</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>7202661040</PhoneNum>
      <SignatureDt>2017-05-15</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
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    <PreparerPersonGrp>
      <PreparerPersonNm>JASON REDMAN</PreparerPersonNm>
      <PTIN>P01078042</PTIN>
      <PhoneNum>7202661040</PhoneNum>
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      <FederalOriginalSubmissionIdDt>2017-05-17</FederalOriginalSubmissionIdDt>
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    <TaxYr>2016</TaxYr>
    <BuildTS>2021-01-29 14:40:06Z</BuildTS>
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      <FMVAssetsEOYAmt>2552692</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
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        <DividendsRevAndExpnssAmt>49684</DividendsRevAndExpnssAmt>
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        <DividendsAdjNetIncmAmt>49684</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>-30329</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>535960</GrossSalesPriceAmt>
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        <OtherIncomeRevAndExpnssAmt>2344</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>2344</OtherIncomeNetInvstIncmAmt>
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        <TotalNetInvstIncmAmt>52028</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>52028</TotalAdjNetIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <TaxesRevAndExpnssAmt>1329</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>1329</TaxesNetInvstIncmAmt>
        <TaxesAdjNetIncmAmt>1329</TaxesAdjNetIncmAmt>
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        <OtherExpensesAdjNetIncmAmt>17340</OtherExpensesAdjNetIncmAmt>
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        <TotOprExpensesNetInvstIncmAmt>18669</TotOprExpensesNetInvstIncmAmt>
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        <ContriPaidDsbrsChrtblAmt>145742</ContriPaidDsbrsChrtblAmt>
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        <TotalExpensesAdjNetIncmAmt>18669</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>145742</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-142712</ExcessRevenueOverExpensesAmt>
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        <AdjustedNetIncomeAmt>33359</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>53511</CashBOYAmt>
        <CashEOYAmt>26839</CashEOYAmt>
        <CashEOYFMVAmt>26839</CashEOYFMVAmt>
        <USGovernmentObligationsBOYAmt>687847</USGovernmentObligationsBOYAmt>
        <USGovernmentObligationsEOYAmt>656876</USGovernmentObligationsEOYAmt>
        <USGovtObligationsEOYFMVAmt>656876</USGovtObligationsEOYFMVAmt>
        <CorporateStockBOYAmt>1840868</CorporateStockBOYAmt>
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        <CorporateStockEOYFMVAmt>1561943</CorporateStockEOYFMVAmt>
        <OtherAssetsEOYAmt referenceDocumentId="OtherAssetsSch">307034</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="OtherAssetsSch">307034</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>2582226</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>2552692</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>2552692</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
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        <TotalLiabilitiesNetAstEOYAmt>2552692</TotalLiabilitiesNetAstEOYAmt>
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        <TotNetAstOrFundBalancesBOYAmt>2582226</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-142712</ExcessRevenueOverExpensesAmt>
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      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>WELLS FARGO # 66945500 STCG COVERED</PropertyDesc>
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          <GainsMinusExcessOrLossesAmt>-9376</GainsMinusExcessOrLossesAmt>
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        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>WELLS FARGO # 66945500 LTCG COVERED</PropertyDesc>
          <GrossSalesPriceAmt>409024</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>417970</CostOrOtherBasisAmt>
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        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>WELLS FARGO # 66945500 LTCG/L NON COVERED</PropertyDesc>
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        <CapGainsLossTxInvstIncmGrp>
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        <NetVlNoncharitableAssetsAmt>2298353</NetVlNoncharitableAssetsAmt>
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        <NetInvestmentIncomePctAmt>334</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>140887</AdjNonchrtblNetInvstIncmPctAmt>
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      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>334</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>334</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>334</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>1269</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>1269</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>935</OverpaymentAmt>
        <AppliedToESTaxAmt>935</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>false</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>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>WALTER C RAKOWICH</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>7202661040</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>5051 SOUTH LAFAYETTE LANE</AddressLine1Txt>
          <CityNm>ENGLEWOOD</CityNm>
          <StateAbbreviationCd>CO</StateAbbreviationCd>
          <ZIPCd>80113</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
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      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
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        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
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      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>WALTER C RAKOWICH</PersonNm>
          <USAddress>
            <AddressLine1Txt>5051 S LAFEYETTE LANE</AddressLine1Txt>
            <CityNm>ENGLEWOOD</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80113</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
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      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>GIFT TO PENNSYLVANIA STATE UNIVERSITY TO CREATE A REAL ESTATE RESEARCH FUND</Description1Txt>
        <Expenses1Amt>70000</Expenses1Amt>
        <Description2Txt>GIFT TO DOWNING STREET FOUNDATION FOR DOWNING HOUSE AND GENERAL OPERATING PURPOSES</Description2Txt>
        <Expenses2Amt>20000</Expenses2Amt>
        <Description3Txt>GIFT TO ALLIANCE FOR CHOICE IN EDUCATION FOR EOTHEARTH.COM</Description3Txt>
        <Expenses3Amt>10000</Expenses3Amt>
        <Description4Txt>GIFT TO THE CEO FORUM, INC FOR PROMOTION OF INDUSTRY</Description4Txt>
        <Expenses4Amt>25000</Expenses4Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>NONE</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
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        <AverageMonthlyCashBalancesAmt>24500</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>2443353</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>2443353</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>145000</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>2298353</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>114918</MinimumInvestmentReturnAmt>
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      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>114918</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>334</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>334</TotalTaxAmt>
        <DistributableBeforeAdjAmt>114584</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>114584</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>114584</DistributableAsAdjustedAmt>
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        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>145742</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>334</PctSect4940eOrgNetInvstIncmAmt>
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      <UndistributedIncomeGrp>
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        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
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        <PriorYear2Yr>2013</PriorYear2Yr>
        <PriorYear3Yr>2012</PriorYear3Yr>
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        <ExcessDistributionCyovYr2Amt>81025</ExcessDistributionCyovYr2Amt>
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        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
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        <ExcessFromYear3Amt>131995</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>81025</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>44458</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>31158</ExcessFromCurrentYearAmt>
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      <PrivateOperatingFoundationsGrp />
      <SupplementaryInformationGrp>
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        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>The CEO Forum</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>640 Chapel Hills Dr</AddressLine1Txt>
            <CityNm>Colorado Springs</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80920</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Unrelated</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EOF</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Operating</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Alliance for choice in Education</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1201 East Colfax Avenue</AddressLine1Txt>
            <AddressLine2Txt>Suite 302</AddressLine2Txt>
            <CityNm>Denver</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80128</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Unrelated</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EOF</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Operating</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>The Pennsylvania State University</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>11 Old Main</AddressLine1Txt>
            <CityNm>University Park</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>16802</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Unrelated</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EOF</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Rakowich Real Estate Reserach Fund</GrantOrContributionPurposeTxt>
          <Amt>70000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Teach for America</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 398249</AddressLine1Txt>
            <CityNm>San Francisco</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94139</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Unrelated</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EOF</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Unrestricted</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>National Leadership Academy</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>303 17th Avenue Suite 600</AddressLine1Txt>
            <CityNm>Denver</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80203</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Unrelated</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EOF</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Centennial Institute Western Conservative Institute</GrantOrContributionPurposeTxt>
          <Amt>7750</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>American Society for Suicide Prevention</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>120 Wall Street 2200</AddressLine1Txt>
            <CityNm>New York</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10005</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Unrelated</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EOF</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Prevention of suicides</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Bridge 2 Rawanda Inc</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1818 N Taylor Street</AddressLine1Txt>
            <AddressLine2Txt>Suite B</AddressLine2Txt>
            <CityNm>Little Rock</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>72207</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Unrelated</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EOF</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Student Tuition</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Project Cure</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>10377 E Geddes Ave Ste 200</AddressLine1Txt>
            <CityNm>Centennial</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80112</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Unrelated</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Unrestricted</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Elevate USA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5310 Ward Road Suite 5</AddressLine1Txt>
            <CityNm>Arvada</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80002</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Unrelated</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Unrestricted</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Young Life</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>6901 S Yosemite Street Suite 207</AddressLine1Txt>
            <CityNm>Centennial</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80112</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Unrelated</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Cherry Creek Schools</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Downing Street Foundation</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5150 E Yale Cir Ste 303</AddressLine1Txt>
            <CityNm>Denver</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80222</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Unrelated</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Downning House, General Operating</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Bridge 2 Rwanda Inc</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1818 N Taylor St Suite B</AddressLine1Txt>
            <CityNm>Little Rock</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>72207</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Unrelated</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Student Tuition</GrantOrContributionPurposeTxt>
          <Amt>992</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>145742</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp />
        <DivAndIntFromSecPartVIIGrp>
          <RelatedOrExemptFunctionIncmAmt>49684</RelatedOrExemptFunctionIncmAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>-30329</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>2344</UnrelatedBusinessTaxblIncmAmt>
          <RelatedOrExemptFunctionIncmAmt>19355</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>21699</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>
    <CashDeemedCharitableExplnStmt documentId="CashDeemedCharStmt">
      <ShortExplanationTxt>During its history the Foundation has always distributed at least $145,000 in grants. As a result, the cash deemed for charitable activities has been raised to this amount.</ShortExplanationTxt>
    </CashDeemedCharitableExplnStmt>
    <DepreciationSchedule documentId="DepreciationSch" />
    <OtherAssetsSchedule documentId="OtherAssetsSch">
      <OtherAssetsScheduleGrp>
        <Desc>REAL ASSETS</Desc>
        <EOYBookValueAmt>307034</EOYBookValueAmt>
        <EOYFMVAmt>307034</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>ACCOUNT MGMT. FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>17340</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>17340</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>17340</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TAX PROFESSIONAL FEES</Desc>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
  </ReturnData>
</Return>