﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2011v1.2">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-02-15T10:34:09-06:00</Timestamp>
    <TaxPeriodEndDate>2012-06-30</TaxPeriodEndDate>
    <PreparerFirm>
      <EIN>840509647</EIN>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>WILSON DOWNING GROUP LLC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>215 UNION BOULEVARD SUITE 215</AddressLine1>
        <City>LAKEWOOD</City>
        <State>CO</State>
        <ZIPCode>80228</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2011-07-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>841245939</EIN>
      <Name>
        <BusinessNameLine1>Avenir Foundation Inc</BusinessNameLine1>
      </Name>
      <NameControl>AVEN</NameControl>
      <Phone>3032322262</Phone>
      <USAddress>
        <AddressLine1>215 Union Blvd 300 No 300</AddressLine1>
        <City>Lakewood</City>
        <State>CO</State>
        <ZIPCode>80228</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>Norman L Wilson</Name>
      <Title>Treasurer</Title>
      <Phone>3032322262</Phone>
      <DateSigned>2013-02-13</DateSigned>
      <AuthorizeThirdParty>1</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>Johnnie L Downing</Name>
      <PTIN>P00186638</PTIN>
      <Phone>3032322262</Phone>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-03-07 17:11:31Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="5">
    <IRS990PF documentId="RetDoc1235000001">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>385112</FMVAssetsEOY>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>6338804</ContriReceivedRevAndExpnss>
        <DividendsRevAndExpnss>1138</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>1138</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss>206997</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>6104918</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>6066616</CapitalGainNetIncmNetInvstIncm>
        <TotalRevenueAndExpenses>6546939</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>6067754</TotalNetInvestmentIncome>
        <CompOfcrDirTrstRevAndExpnss>0</CompOfcrDirTrstRevAndExpnss>
        <CompOfcrDirTrstNetInvstIncm>0</CompOfcrDirTrstNetInvstIncm>
        <CompOfcrDirTrstDsbrsChrtblPrps>0</CompOfcrDirTrstDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="RetDoc2002500001">60076</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>60076</TaxesNetInvstIncm>
        <TaxesDsbrsChrtblPrps>0</TaxesDsbrsChrtblPrps>
        <OtherExpensesRevAndExpnss referenceDocumentId="RetDoc2003200001">125</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>125</OtherExpensesNetInvstIncm>
        <OtherExpensesDsbrsChrtblPrps>0</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>60201</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>60201</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>0</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>6365000</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>6365000</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>6425201</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>60201</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>6365000</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>121738</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>6007553</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <CashBOY>318298</CashBOY>
        <CashEOY>385112</CashEOY>
        <CashEOYFMV>385112</CashEOYFMV>
        <PrepaidExpensesBOY>13275</PrepaidExpensesBOY>
        <PrepaidExpensesEOY>68199</PrepaidExpensesEOY>
        <TotalAssetsBOY>331573</TotalAssetsBOY>
        <TotalAssetsEOY>453311</TotalAssetsEOY>
        <TotalAssetsEOYFMV>385112</TotalAssetsEOYFMV>
        <TotalLiabilitiesBOY>0</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <CapitalStockBOY>0</CapitalStockBOY>
        <CapitalStockEOY>0</CapitalStockEOY>
        <PaidInOrCapitalSurplusBOY>0</PaidInOrCapitalSurplusBOY>
        <PaidInOrCapitalSurplusEOY>0</PaidInOrCapitalSurplusEOY>
        <RetainedEarningsBOY>331573</RetainedEarningsBOY>
        <RetainedEarningsEOY>453311</RetainedEarningsEOY>
        <TotalNetAssetsBOY>331573</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>453311</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>331573</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>453311</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>331573</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>121738</ExcessOfRevenueOverExpenses>
        <OtherIncreases>0</OtherIncreases>
        <Subtotal>453311</Subtotal>
        <OtherDecreases>0</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>453311</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Berkshire Hathaway Cl A 20 shs</DescriptionOfAsset>
          <HowAcquired>D</HowAcquired>
          <DateAcquired>2011-07-19</DateAcquired>
          <DateSold>2011-07-21</DateSold>
          <GrossSalesPrice>2300070</GrossSalesPrice>
          <CostOrOtherBasis>14724</CostOrOtherBasis>
          <GainOrLoss>2285346</GainOrLoss>
          <GainsMinusExcessOrLosses>2285346</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Berkshire Hathaway Cl A 10 shs</DescriptionOfAsset>
          <HowAcquired>D</HowAcquired>
          <DateAcquired>2011-09-29</DateAcquired>
          <DateSold>2011-10-25</DateSold>
          <GrossSalesPrice>1150102</GrossSalesPrice>
          <CostOrOtherBasis>10902</CostOrOtherBasis>
          <GainOrLoss>1139200</GainOrLoss>
          <GainsMinusExcessOrLosses>1139200</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Berkshire Hathaway Cl A 10 shs</DescriptionOfAsset>
          <HowAcquired>D</HowAcquired>
          <DateAcquired>2011-09-29</DateAcquired>
          <DateSold>2011-10-27</DateSold>
          <GrossSalesPrice>1200000</GrossSalesPrice>
          <CostOrOtherBasis>3903</CostOrOtherBasis>
          <GainOrLoss>1196097</GainOrLoss>
          <GainsMinusExcessOrLosses>1196097</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Berkshire Hathaway Cl A 12 shs</DescriptionOfAsset>
          <HowAcquired>D</HowAcquired>
          <DateAcquired>2011-06-07</DateAcquired>
          <DateSold>2011-06-07</DateSold>
          <GrossSalesPrice>1454746</GrossSalesPrice>
          <CostOrOtherBasis>8773</CostOrOtherBasis>
          <GainOrLoss>1445973</GainOrLoss>
          <GainsMinusExcessOrLosses>1445973</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>6066616</CapitalGainNetIncome>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>0</LiableFor4942Tax>
        <QualifyingDistributionsYear1>1768500</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>711498</NoncharitableAssetsYear1>
        <DistributionRatioYear1>2.485601</DistributionRatioYear1>
        <QualifyingDistributionsYear2>285000</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>746207</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.381932</DistributionRatioYear2>
        <QualifyingDistributionsYear3>3360633</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>3025865</NoncharitableAssetsYear3>
        <DistributionRatioYear3>1.110635</DistributionRatioYear3>
        <QualifyingDistributionsYear4>7802865</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>4959397</NoncharitableAssetsYear4>
        <DistributionRatioYear4>1.573350</DistributionRatioYear4>
        <QualifyingDistributionsYear5>3065140</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>1792424</NoncharitableAssetsYear5>
        <DistributionRatioYear5>1.710053</DistributionRatioYear5>
        <TotalDistributionRatio>7.261571</TotalDistributionRatio>
        <AverageDistributionRatio>1.452314</AverageDistributionRatio>
        <NetNoncharitableAssets>2149659</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>3121980</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>60076</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>3182056</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>6365000</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>60076</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>60076</Subtotal>
        <SubtitleATax>0</SubtitleATax>
        <TaxBasedOnInvestmentIncome>60076</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>128275</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>128275</TotalCreditsAndPayments>
        <Overpayment>68199</Overpayment>
        <AmountCreditedToNextYear>68199</AmountCreditedToNextYear>
        <AmountToBeRefunded>0</AmountToBeRefunded>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>0</LegislativePoliticalActivities>
        <MoreThan100Spent>0</MoreThan100Spent>
        <Form1120POLFiled>0</Form1120POLFiled>
        <Sect4955TaxOnOrganization>0</Sect4955TaxOnOrganization>
        <Sect4955TaxOnManagers>0</Sect4955TaxOnManagers>
        <ReimbursementOfTax>0</ReimbursementOfTax>
        <ActivitiesNotPrevReported>0</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>0</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>0</UnrelatedBusIncomeOver1000>
        <TerminationEtc>0</TerminationEtc>
        <RequirementsOfSect508e>1</RequirementsOfSect508e>
        <AtLeast5000InAssets>1</AtLeast5000InAssets>
        <StatesFiledWith>CO</StatesFiledWith>
        <Form990PFFiledWithAG>1</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>0</PrivateOperatingFoundation>
        <NewSubstantialContributors referenceDocumentId="RetDoc2089200001">1</NewSubstantialContributors>
        <InterestInControlledEntity>0</InterestInControlledEntity>
        <ApplicableInsuranceContract>0</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>1</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>Norman L Wilson</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>3032322262</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>215 Union Blvd Suite 300</AddressLine1>
          <City>Lakewood</City>
          <State>CO</State>
          <ZIPCode>802281841</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>0</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>0</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>0</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>0</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>0</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>0</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>0</PaymentToGovernmentOffical>
        <UncorrectedPriorActs>0</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>0</UndistributedIncomePriorYears>
        <BusinessHoldings>0</BusinessHoldings>
        <JeopardyInvestments>0</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>0</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>0</InfluenceLegislation>
        <InfluenceElection>0</InfluenceElection>
        <GrantsToIndividuals>0</GrantsToIndividuals>
        <GrantsToOrganizations>0</GrantsToOrganizations>
        <NoncharitablePurpose>0</NoncharitablePurpose>
        <RcvFundsToPayPrsnlBnftContract>0</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>0</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>0</ProhibitedTaxShelterTransactn>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Alice Dodge Wallace</PersonName>
          <USAddress>
            <AddressLine1>215 Union Blvd Suite 300</AddressLine1>
            <City>Lakewood</City>
            <State>CO</State>
            <ZIPCode>80228</ZIPCode>
          </USAddress>
          <Title>President/Director</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Margaret Boynton Wallace</PersonName>
          <USAddress>
            <AddressLine1>215 Union Blvd Suite 300</AddressLine1>
            <City>Lakewood</City>
            <State>CO</State>
            <ZIPCode>80228</ZIPCode>
          </USAddress>
          <Title>Secretary/Director</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>William Dodge Wallace</PersonName>
          <USAddress>
            <AddressLine1>215 Union Blvd Suite 300</AddressLine1>
            <City>Lakewood</City>
            <State>CO</State>
            <ZIPCode>80228</ZIPCode>
          </USAddress>
          <Title>Vice-President/Director</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Norman L Wilson</PersonName>
          <USAddress>
            <AddressLine1>215 Union Blvd Suite 300</AddressLine1>
            <City>Lakewood</City>
            <State>CO</State>
            <ZIPCode>80228</ZIPCode>
          </USAddress>
          <Title>Treasurer</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SumOfProgramRelatedInvestments>
        <Total>0</Total>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>178000</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>2004395</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>2182395</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>2182395</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>32736</CashDeemedCharitable>
        <NetNoncharitableAssets>2149659</NetNoncharitableAssets>
        <MinimumInvestmentReturn>107483</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>107483</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>60076</TaxBasedOnInvestmentIncome>
        <TotalTax>60076</TotalTax>
        <DistributableAmountBeforeAdj>47407</DistributableAmountBeforeAdj>
        <RecoveriesQlfyDistributions>0</RecoveriesQlfyDistributions>
        <DistributableAmountBeforeDed>47407</DistributableAmountBeforeDed>
        <DeductionFrDistributableAmount>0</DeductionFrDistributableAmount>
        <DistributableAmountAsAdjusted>47407</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>6365000</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <QualifyingDistributions>6365000</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>60076</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>6304924</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>47407</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>0</UndistributedIncomePriorYear>
        <TotalForPriorYears>0</TotalForPriorYears>
        <ExcessDistriCarryoverYear5>3022963</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear4>7638315</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear3>3281160</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>285000</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>1756525</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>15983963</TotalExcessDistriCarryover>
        <QualifyingDistributions>6365000</QualifyingDistributions>
        <AppliedToYear1>0</AppliedToYear1>
        <AppliedToPriorYears>0</AppliedToPriorYears>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>47407</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>6317593</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>0</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>0</ExcessDistriCyovAppliedCY>
        <TotalCorpus>22301556</TotalCorpus>
        <PriorYearUndistributedIncome>0</PriorYearUndistributedIncome>
        <PriorYearDeficiencyOrTax>0</PriorYearDeficiencyOrTax>
        <TaxableAmount1>0</TaxableAmount1>
        <TaxableAmount2>0</TaxableAmount2>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <DistriFromCorpus170b1EOr4942g3>0</DistriFromCorpus170b1EOr4942g3>
        <ExcessDistriCyovFromYear5>3022963</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>19278593</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>7638315</ExcessFromYear4>
        <ExcessFromYear3>3281160</ExcessFromYear3>
        <ExcessFromYear2>285000</ExcessFromYear2>
        <ExcessFromYear1>1756525</ExcessFromYear1>
        <ExcessFromCurrentYear>6317593</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>Alice Dodge Wallace</ContributingManager>
        <ContributingManager>Margaret Boynton Wallace</ContributingManager>
        <ContributingManager>William Dodge Wallace</ContributingManager>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Arnold Schoenberg Institute</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1>Schwarzenbergplatz 6</AddressLine1>
            <City>Wien</City>
            <Country>AU</Country>
          </RecipientForeignAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Operating Funds</PurposeOfGrantOrContribution>
          <Amount>100000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Ars Nova Singers Inc</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O Box 4151</AddressLine1>
            <City>Boulder</City>
            <State>CO</State>
            <ZIPCode>80306</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Operating Funds</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Boston Womens Health Book Collective</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5 Upland Road 3</AddressLine1>
            <City>Cambridge</City>
            <State>MA</State>
            <ZIPCode>02140</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>In honor of 40th Anniversary of Our Bodies Ourselves</PurposeOfGrantOrContribution>
          <Amount>40000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Central City Opera</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>400 S Colorado Blvd 530</AddressLine1>
            <City>Denver</City>
            <State>CO</State>
            <ZIPCode>80246</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Operating Funds</PurposeOfGrantOrContribution>
          <Amount>150000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Colorado Ballet</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1278 Lincoln ST</AddressLine1>
            <City>Denver</City>
            <State>CO</State>
            <ZIPCode>80203</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Operating Funds</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Colorado Symphony Orchestra</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1000 14th St 15</AddressLine1>
            <City>Denver</City>
            <State>CO</State>
            <ZIPCode>80202</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Operating Funds</PurposeOfGrantOrContribution>
          <Amount>300000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Denver Art Museum</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1200 17th Street 2500</AddressLine1>
            <City>Denver</City>
            <State>CO</State>
            <ZIPCode>80202</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Contribution to Endowment Fund &amp; Exhibition Space</PurposeOfGrantOrContribution>
          <Amount>3000000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Denver Museum of Nature &amp; Science</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2001 Colorado Blvd</AddressLine1>
            <City>Lakewood</City>
            <State>CO</State>
            <ZIPCode>80205</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Contribution to Collection Endowment</PurposeOfGrantOrContribution>
          <Amount>750000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>NARAL-Pro Choice America Foundation</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1156 15th St NW 700</AddressLine1>
            <City>Washington</City>
            <State>DC</State>
            <ZIPCode>20005</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Operating Funds</PurposeOfGrantOrContribution>
          <Amount>100000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>NARAL-Pro Choice Colorado Foundation</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1905 Sherman St 800</AddressLine1>
            <City>Denver</City>
            <State>CO</State>
            <ZIPCode>80203</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Operating Funds</PurposeOfGrantOrContribution>
          <Amount>100000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Opera Colorado</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>695 S Colorado Blvd 20</AddressLine1>
            <City>Denver</City>
            <State>CO</State>
            <ZIPCode>80246</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Operating Funds</PurposeOfGrantOrContribution>
          <Amount>125000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Pathfinder International</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>9 Galen St 217</AddressLine1>
            <City>Watertown</City>
            <State>MA</State>
            <ZIPCode>02472</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Operating Funds</PurposeOfGrantOrContribution>
          <Amount>100000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Planned Parenthood Federation of America</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>434 W 33rd ST</AddressLine1>
            <City>New York</City>
            <State>NY</State>
            <ZIPCode>10001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Operating Funds</PurposeOfGrantOrContribution>
          <Amount>100000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Planned Parenthood Federation of the Rocky Mountains</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>7155 E 38th Ave</AddressLine1>
            <City>Denver</City>
            <State>CO</State>
            <ZIPCode>80207</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Operating Funds</PurposeOfGrantOrContribution>
          <Amount>100000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Santa Fe Opera</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O Box 2408</AddressLine1>
            <City>Santa Fe</City>
            <State>NM</State>
            <ZIPCode>87504</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Produce opera "Griselda"</PurposeOfGrantOrContribution>
          <Amount>600000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Santa Fe Opera</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O Box 2408</AddressLine1>
            <City>Santa Fe</City>
            <State>NM</State>
            <ZIPCode>87504</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Contribution to Endowment Fund</PurposeOfGrantOrContribution>
          <Amount>750000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Sustainable Development</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3121 South Street NW</AddressLine1>
            <City>Washington</City>
            <State>DC</State>
            <ZIPCode>20007</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Operating Funds</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>6365000</TotGrantOrContriPaidDuringYear>
        <TotGrantOrContriApprovedFuture>0</TotGrantOrContriApprovedFuture>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <DividendsAndIntFromSecPartVII>
          <RelatedOrExemptFunctionIncome>1138</RelatedOrExemptFunctionIncome>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <RelatedOrExemptFunctionIncome>206997</RelatedOrExemptFunctionIncome>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <UnrelatedBusinessIncomeAmount>0</UnrelatedBusinessIncomeAmount>
          <ExclusionAmount>0</ExclusionAmount>
          <RelatedOrExemptFunctionIncome>208135</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>208135</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <RlnOfActyToAccomOfExemptPrps>
        <RlnOfActyToAccomOfExemptPrps>
          <LineNumber>3</LineNumber>
          <RelationshipStatement>Used to make contributions and to pay exempt function expenses.</RelationshipStatement>
        </RlnOfActyToAccomOfExemptPrps>
        <RlnOfActyToAccomOfExemptPrps>
          <LineNumber>4</LineNumber>
          <RelationshipStatement>Used to make contributions and to pay exempt function expenses.</RelationshipStatement>
        </RlnOfActyToAccomOfExemptPrps>
        <RlnOfActyToAccomOfExemptPrps>
          <LineNumber>8</LineNumber>
          <RelationshipStatement>Used to make contributions and to pay exempt function expenses.</RelationshipStatement>
        </RlnOfActyToAccomOfExemptPrps>
      </RlnOfActyToAccomOfExemptPrps>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>0</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>0</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>0</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>0</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>0</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>0</ReimbursementArrangements>
        <LoansOrLoanGuarantees>0</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>0</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>0</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>0</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <Organization501c3ExemptPF>X</Organization501c3ExemptPF>
      <GeneralRule>X</GeneralRule>
      <ContributorInfo>
        <ContributorNumber>1</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>Beaumont Investments LTD</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>215 Union Blvd Suite 300</AddressLine1>
          <City>Lakewood</City>
          <State>CO</State>
          <ZIPCode>802281841</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>5888804</AggregateContributions>
        <NoncashContributionType>X</NoncashContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>2</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>Beaumont Investments LTD</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>215 Union Blvd Suite 300</AddressLine1>
          <City>Lakewood</City>
          <State>CO</State>
          <ZIPCode>802281841</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>450000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <NoncashProperty>
        <ContributorNumberFromPartI>1</ContributorNumberFromPartI>
        <NoncashPropertyDescription>12 shares of Berkshire Hathaway Class A common stock</NoncashPropertyDescription>
        <FairMarketValue>1455384</FairMarketValue>
        <DateReceived>2011-06-07</DateReceived>
      </NoncashProperty>
    </IRS990ScheduleB>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpenses>
        <Description>Other office expenses</Description>
        <RevenueAndExpensesPerBooks>125</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>125</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <SubstantialContributorsSch documentId="RetDoc2089200001">
      <SubstantialContributor>
        <BusinessName>
          <BusinessNameLine1>Beaumont Investments Ltd</BusinessNameLine1>
        </BusinessName>
        <USAddress>
          <AddressLine1>215 Union Blvd Suite 300</AddressLine1>
          <City>Lakewood</City>
          <State>CO</State>
          <ZIPCode>802281841</ZIPCode>
        </USAddress>
      </SubstantialContributor>
    </SubstantialContributorsSch>
    <TaxesSchedule documentId="RetDoc2002500001">
      <Taxes>
        <Category>Federal Excise Taxes</Category>
        <Amount>60076</Amount>
        <NetInvestmentIncome>60076</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>