﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2010v3.2" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2012-10-12T10:12:43-07:00</Timestamp>
    <TaxPeriodEndDate>2011-11-30</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>Sprinkle &amp; Associates LLC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>1520 West Canal Court Suite 220</AddressLine1>
        <City>Littleton</City>
        <State>CO</State>
        <ZIPCode>80120</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2010-12-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>841256356</EIN>
      <Name>
        <BusinessNameLine1>TYL FOUNDATION</BusinessNameLine1>
      </Name>
      <NameControl>TYLF</NameControl>
      <Phone>3032972142</Phone>
      <USAddress>
        <AddressLine1>1520 W CANAL COURT</AddressLine1>
        <City>LITTLETON</City>
        <State>CO</State>
        <ZIPCode>80120</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>CAROLE MCVANEY</Name>
      <Title>PRES,DIR,MGR</Title>
      <DateSigned>2012-10-11</DateSigned>
    </Officer>
    <Preparer>
      <Name>Stan G Sprinkle</Name>
      <Phone>3032972121</Phone>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="10">
    <IRS990PF documentId="IRS990PF" referenceDocumentId=" GeneralExplanation" softwareId="10000105" softwareVersion="2010v3.2">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>18935640</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <InterestOnSavingsRevAndExpnss>24494</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>24494</InterestOnSavingsNetInvstIncm>
        <DividendsRevAndExpnss>401620</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>401620</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss>1564587</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>21711463</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>1564587</CapitalGainNetIncmNetInvstIncm>
        <OtherIncomeRevAndExpnss referenceDocumentId=" OtherIncomeSchedule2">-543</OtherIncomeRevAndExpnss>
        <OtherIncomeNetInvstIncm>-543</OtherIncomeNetInvstIncm>
        <TotalRevenueAndExpenses>1990158</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>1990158</TotalNetInvestmentIncome>
        <OthEmplSlrsWgsRevAndExpnss>5200</OthEmplSlrsWgsRevAndExpnss>
        <PensionEmplBnftRevAndExpnss>595</PensionEmplBnftRevAndExpnss>
        <AccountingFeesRevAndExpnss referenceDocumentId=" AccountingFeesSchedule">31752</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>7938</AccountingFeesNetInvstIncm>
        <AccountingFeesDsbrsChrtblPrps>7938</AccountingFeesDsbrsChrtblPrps>
        <OtherProfFeesRevAndExpnss referenceDocumentId=" OtherProfessionalFeesSchedule">5406</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>5406</OtherProfFeesNetInvstIncm>
        <TaxesRevAndExpnss referenceDocumentId=" TaxesSchedule">82238</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>2238</TaxesNetInvstIncm>
        <DeprecAndDepletionRevAndExpnss referenceDocumentId=" DepreciationSchedule">14261</DeprecAndDepletionRevAndExpnss>
        <PrintingAndPubRevAndExpnss>96</PrintingAndPubRevAndExpnss>
        <OtherExpensesRevAndExpnss referenceDocumentId="OtherExpensesSchedule AmortizationSchedule">19852</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>17861</OtherExpensesNetInvstIncm>
        <TotOprExpensesRevAndExpnss>159400</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>33443</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>7938</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>11957450</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>11957450</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>12116850</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>33443</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>11965388</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>-10126692</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>1956715</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>128615</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>862499</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>862499</SavingsAndTempCashInvstEOYFMV>
        <OtherNotesAndLoansReceivable>6573981</OtherNotesAndLoansReceivable>
        <OtherNotesAndLoansRcvblBOY>750000</OtherNotesAndLoansRcvblBOY>
        <OtherNotesAndLoansRcvblEOY referenceDocumentId=" OtherNotesLoansReceivableShort">6573981</OtherNotesAndLoansRcvblEOY>
        <OtherNotesAndLoansRcvblEOYFMV>6573981</OtherNotesAndLoansRcvblEOYFMV>
        <InvestmentsCorpStockBOY>17428197</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY>3030581</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>3356070</InvestmentsCorpStockEOYFMV>
        <InvestmentsCorpBondsBOY>2391954</InvestmentsCorpBondsBOY>
        <InvestmentsCorpBondsEOY>38309</InvestmentsCorpBondsEOY>
        <InvestmentsCorpBondsEOYFMV>103052</InvestmentsCorpBondsEOYFMV>
        <InvestmentsOtherBOY>5775681</InvestmentsOtherBOY>
        <InvestmentsOtherEOY>5856653</InvestmentsOtherEOY>
        <InvestmentsOtherEOYFMV>6733796</InvestmentsOtherEOYFMV>
        <LandBuildingAndEquipmentBasis>1306242</LandBuildingAndEquipmentBasis>
        <AccumDeprecLandBldgAndEquip>58117</AccumDeprecLandBldgAndEquip>
        <LandBuildingAndEquipmentBOY>1262386</LandBuildingAndEquipmentBOY>
        <LandBuildingAndEquipmentEOY referenceDocumentId=" LandEtcSchedule2">1248125</LandBuildingAndEquipmentEOY>
        <LandBuildingAndEquipmentEOYFMV>1306242</LandBuildingAndEquipmentEOYFMV>
        <TotalAssetsBOY>27736833</TotalAssetsBOY>
        <TotalAssetsEOY>17610148</TotalAssetsEOY>
        <TotalAssetsEOYFMV>18935640</TotalAssetsEOYFMV>
        <OtherLiabilitiesBOY referenceDocumentId=" OtherLiabilitiesSchedule">68</OtherLiabilitiesBOY>
        <OtherLiabilitiesEOY referenceDocumentId=" OtherLiabilitiesSchedule">68</OtherLiabilitiesEOY>
        <TotalLiabilitiesBOY>68</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>68</TotalLiabilitiesEOY>
        <OrgThatFollowSFAS117>X</OrgThatFollowSFAS117>
        <UnrestrictedBOY>27736765</UnrestrictedBOY>
        <UnrestrictedEOY>17610080</UnrestrictedEOY>
        <TotalNetAssetsBOY>27736765</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>17610080</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>27736833</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>17610148</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>27736765</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>-10126692</ExcessOfRevenueOverExpenses>
        <OtherIncreases referenceDocumentId=" OtherIncreasesSchedule">7</OtherIncreases>
        <Subtotal>17610080</Subtotal>
        <TotalNetAssetsFundBalancesEOY>17610080</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>NEVSKY CAPITAL GAIN DISTRIBUTION</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2010-01-01</DateAcquired>
          <DateSold>2011-04-08</DateSold>
          <GrossSalesPrice>113299</GrossSalesPrice>
          <GainOrLoss>113299</GainOrLoss>
          <GainsMinusExcessOrLosses>113299</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>RAPTOR GLOBAL SECURITIES LITIGATION</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2010-01-01</DateAcquired>
          <DateSold>2011-11-30</DateSold>
          <GrossSalesPrice>2013</GrossSalesPrice>
          <GainOrLoss>2013</GainOrLoss>
          <GainsMinusExcessOrLosses>2013</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>RAPTOR GLOBAL PORTFOLIO LIQUIDATING TR</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2010-01-01</DateAcquired>
          <DateSold>2011-11-30</DateSold>
          <CostOrOtherBasis>1339</CostOrOtherBasis>
          <GainOrLoss>-1339</GainOrLoss>
          <GainsMinusExcessOrLosses>-1339</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>RAPTOR GLOBAL PORTFOLIO LIQUIDATING TR</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2011-01-01</DateAcquired>
          <DateSold>2011-11-30</DateSold>
          <GrossSalesPrice>2</GrossSalesPrice>
          <GainOrLoss>2</GainOrLoss>
          <GainsMinusExcessOrLosses>2</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>NEWPORT ASIA INSTL FUND LP K-1</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2010-01-01</DateAcquired>
          <DateSold>2011-11-30</DateSold>
          <CostOrOtherBasis>1488</CostOrOtherBasis>
          <GainOrLoss>-1488</GainOrLoss>
          <GainsMinusExcessOrLosses>-1488</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>NEWPORT ASIA INSTL FUND LP K-1</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2011-01-01</DateAcquired>
          <DateSold>2011-11-30</DateSold>
          <CostOrOtherBasis>144</CostOrOtherBasis>
          <GainOrLoss>-144</GainOrLoss>
          <GainsMinusExcessOrLosses>-144</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>1534.684 DODGE &amp; COX INTL STOCK</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2011-08-15</DateAcquired>
          <DateSold>2011-09-13</DateSold>
          <GrossSalesPrice>45304</GrossSalesPrice>
          <CostOrOtherBasis>50000</CostOrOtherBasis>
          <GainOrLoss>-4696</GainOrLoss>
          <GainsMinusExcessOrLosses>-4696</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>1493.622 VANGUARD INSTL INDEX FUND</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2003-06-30</DateAcquired>
          <DateSold>2011-07-29</DateSold>
          <GrossSalesPrice>176800</GrossSalesPrice>
          <CostOrOtherBasis>133247</CostOrOtherBasis>
          <GainOrLoss>43553</GainOrLoss>
          <GainsMinusExcessOrLosses>43553</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>1891.631 VANGUARD INSTL INDEX FUND</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2003-06-30</DateAcquired>
          <DateSold>2011-07-28</DateSold>
          <GrossSalesPrice>225350</GrossSalesPrice>
          <CostOrOtherBasis>168754</CostOrOtherBasis>
          <GainOrLoss>56596</GainOrLoss>
          <GainsMinusExcessOrLosses>56596</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>23647.719 VANGUARD INSTL INDEX FUND</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2010-01-01</DateAcquired>
          <DateSold>2011-07-28</DateSold>
          <GrossSalesPrice>2817153</GrossSalesPrice>
          <CostOrOtherBasis>2113553</CostOrOtherBasis>
          <GainOrLoss>703600</GainOrLoss>
          <GainsMinusExcessOrLosses>703600</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>100488.246 PIMCO INSTL TOTAL RETURN FUND</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2010-01-01</DateAcquired>
          <DateSold>2011-07-28</DateSold>
          <GrossSalesPrice>1111400</GrossSalesPrice>
          <CostOrOtherBasis>1069941</CostOrOtherBasis>
          <GainOrLoss>41459</GainOrLoss>
          <GainsMinusExcessOrLosses>41459</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>136022.332 DODGE &amp; COX INTL STOCK</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2010-01-01</DateAcquired>
          <DateSold>2011-07-28</DateSold>
          <GrossSalesPrice>4857357</GrossSalesPrice>
          <CostOrOtherBasis>6229558</CostOrOtherBasis>
          <GainOrLoss>-1372201</GainOrLoss>
          <GainsMinusExcessOrLosses>-1372201</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>45289.855 PIMCO INSTL TOTAL RETURN FUND</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2007-08-27</DateAcquired>
          <DateSold>2011-07-14</DateSold>
          <GrossSalesPrice>500000</GrossSalesPrice>
          <CostOrOtherBasis>482221</CostOrOtherBasis>
          <GainOrLoss>17779</GainOrLoss>
          <GainsMinusExcessOrLosses>17779</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>22665.458 PIMCO INSTL TOTAL RETURN FUND</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2007-08-27</DateAcquired>
          <DateSold>2011-05-25</DateSold>
          <GrossSalesPrice>250000</GrossSalesPrice>
          <CostOrOtherBasis>241278</CostOrOtherBasis>
          <GainOrLoss>8722</GainOrLoss>
          <GainsMinusExcessOrLosses>8722</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>90070 VANGUARD INSTL INDEX FUND</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2010-01-01</DateAcquired>
          <DateSold>2011-05-24</DateSold>
          <GrossSalesPrice>10823712</GrossSalesPrice>
          <CostOrOtherBasis>8922157</CostOrOtherBasis>
          <GainOrLoss>1901555</GainOrLoss>
          <GainsMinusExcessOrLosses>1901555</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>25275.735 PIMCO INSTL TOTAL RETURN FUND</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2007-08-27</DateAcquired>
          <DateSold>2011-03-31</DateSold>
          <GrossSalesPrice>275000</GrossSalesPrice>
          <CostOrOtherBasis>269037</CostOrOtherBasis>
          <GainOrLoss>5963</GainOrLoss>
          <GainsMinusExcessOrLosses>5963</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>27497.708 PIMCO INSTL TOTAL RETURN FUND</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2007-08-27</DateAcquired>
          <DateSold>2011-03-11</DateSold>
          <GrossSalesPrice>300000</GrossSalesPrice>
          <CostOrOtherBasis>292669</CostOrOtherBasis>
          <GainOrLoss>7331</GainOrLoss>
          <GainsMinusExcessOrLosses>7331</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>16114.18 PIMCO INSTL TOTAL RETURN FUND</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2007-08-27</DateAcquired>
          <DateSold>2011-01-04</DateSold>
          <GrossSalesPrice>175000</GrossSalesPrice>
          <CostOrOtherBasis>171490</CostOrOtherBasis>
          <GainOrLoss>3510</GainOrLoss>
          <GainsMinusExcessOrLosses>3510</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>CAPITAL GAIN DISTRIBUTIONS</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2010-01-01</DateAcquired>
          <DateSold>2011-11-30</DateSold>
          <GrossSalesPrice>39073</GrossSalesPrice>
          <GainOrLoss>39073</GainOrLoss>
          <GainsMinusExcessOrLosses>39073</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>1564587</CapitalGainNetIncome>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>736438</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>27310870</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.02697</DistributionRatioYear1>
        <QualifyingDistributionsYear2>626565</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>23437520</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.02673</DistributionRatioYear2>
        <QualifyingDistributionsYear3>734951</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>29100201</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.02526</DistributionRatioYear3>
        <QualifyingDistributionsYear4>11094092</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>32677603</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.33950</DistributionRatioYear4>
        <QualifyingDistributionsYear5>7805</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>37367178</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.00021</DistributionRatioYear5>
        <TotalDistributionRatio>0.41866</TotalDistributionRatio>
        <AverageDistributionRatio>0.08373</AverageDistributionRatio>
        <NetNoncharitableAssets>26737233</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>2238789</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>19567</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>2258356</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>11965388</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>19567</InvestmentIncomeExciseTax>
        <Subtotal>19567</Subtotal>
        <TaxBasedOnInvestmentIncome>19567</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>86133</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>86133</TotalCreditsAndPayments>
        <Form2220Attached referenceDocumentId=" IRS2220">X</Form2220Attached>
        <Overpayment>66566</Overpayment>
        <AmountCreditedToNextYear>66566</AmountCreditedToNextYear>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <Form1120POLFiled>false</Form1120POLFiled>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <Form990TFiled>false</Form990TFiled>
        <TerminationEtc>false</TerminationEtc>
        <RequirementsOfSect508e>true</RequirementsOfSect508e>
        <AtLeast5000InAssets>true</AtLeast5000InAssets>
        <StatesFiledWith>CO</StatesFiledWith>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>SPRINKLE &amp; ASSOCIATES LLC</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>3032972121</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>1520 W CANAL CT STE 220</AddressLine1>
          <City>LITTLETON</City>
          <State>CO</State>
          <ZIPCode>80120</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>false</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>false</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <ActsFailToQualifyAsExceptions>false</ActsFailToQualifyAsExceptions>
        <UncorrectedPriorActs>false</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>false</UndistributedIncomePriorYears>
        <UndistrIncome4942a2NotApplied>false</UndistrIncome4942a2NotApplied>
        <BusinessHoldings>false</BusinessHoldings>
        <ExcessBusinessHoldings>false</ExcessBusinessHoldings>
        <JeopardyInvestments>false</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>false</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>false</InfluenceLegislation>
        <InfluenceElection>false</InfluenceElection>
        <GrantsToIndividuals>false</GrantsToIndividuals>
        <GrantsToOrganizations>false</GrantsToOrganizations>
        <NoncharitablePurpose>false</NoncharitablePurpose>
        <TrFailToQualifyAsExceptions>false</TrFailToQualifyAsExceptions>
        <MaintExpendResponsibility>false</MaintExpendResponsibility>
        <RcvFundsToPayPrsnlBnftContract>false</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>false</ProhibitedTaxShelterTransactn>
        <ProceedsOrNetIncome>false</ProceedsOrNetIncome>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>KEVIN E MCVANEY</PersonName>
          <USAddress>
            <AddressLine1>1520 W CANAL CT 220</AddressLine1>
            <City>LITTLETON</City>
            <State>CO</State>
            <ZIPCode>80120</ZIPCode>
          </USAddress>
          <Title>V-P, DIR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>CAROLE MCVANEY</PersonName>
          <USAddress>
            <AddressLine1>1520 W CANAL CT 220</AddressLine1>
            <City>LITTLETON</City>
            <State>CO</State>
            <ZIPCode>80120</ZIPCode>
          </USAddress>
          <Title>PRES,DIR,MGR</Title>
          <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>KYLEE LOURIE</PersonName>
          <USAddress>
            <AddressLine1>1520 W CANAL CT 220</AddressLine1>
            <City>LITTLETON</City>
            <State>CO</State>
            <ZIPCode>80120</ZIPCode>
          </USAddress>
          <Title>SEC,TREAS,DR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>19226318</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>1082272</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>6835809</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>27144399</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AdjTotalFMVOfUnusedAssets>27144399</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>407166</CashDeemedCharitable>
        <NetNoncharitableAssets>26737233</NetNoncharitableAssets>
        <MinimumInvestmentReturn>1336862</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>1336862</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>19567</TaxBasedOnInvestmentIncome>
        <TotalTax>19567</TotalTax>
        <DistributableAmountBeforeAdj>1317295</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>1317295</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>1317295</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>11965388</ExpensesAndContributions>
        <QualifyingDistributions>11965388</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>19567</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>11945821</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>1317295</DistributableAmountAsAdjusted>
        <ExcessDistriCarryoverYear4>7721837</ExcessDistriCarryoverYear4>
        <TotalExcessDistriCarryover>7721837</TotalExcessDistriCarryover>
        <QualifyingDistributions>11965388</QualifyingDistributions>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>1317295</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>10648093</RemainingDistriFromCorpus>
        <TotalCorpus>18369930</TotalCorpus>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <ExcessDistriCyovToNextYear>18369930</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>7721837</ExcessFromYear4>
        <ExcessFromCurrentYear>10648093</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>CAROLE MCVANEY</ContributingManager>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>ZOCALO OUTREACH</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>1380 AMMONS ST</AddressLine1>
            <City>DENVER</City>
            <State>CO</State>
            <ZIPCode>80214</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>TRAGEDY ASSISTANCE PROGRAM FOR SURV</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>910 17TH ST NW STE 800</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20006</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>TELOS PROJECT</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>5765 S CROCKER ST</AddressLine1>
            <City>LITTLETON</City>
            <State>CO</State>
            <ZIPCode>80120</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>STUDENT MOBILIZATION INC</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 567</AddressLine1>
            <City>CONWAY</City>
            <State>AR</State>
            <ZIPCode>72033</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>3500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>STRONG CROSS RANCH</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>13990 COUNTY RD 194</AddressLine1>
            <City>BENNETT</City>
            <State>CO</State>
            <ZIPCode>80102</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>ROCKY MTN DRESSAGE SOCIETY</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>2942 PARK LAKE DR</AddressLine1>
            <City>BOULDER</City>
            <State>CO</State>
            <ZIPCode>80301</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>RESTORATION OUTREACH PROG</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 632</AddressLine1>
            <City>AURORA</City>
            <State>CO</State>
            <ZIPCode>80040</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>PRAGER UNIVERSITY FDN</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>2325 DULLES CRNR BLVD 670</AddressLine1>
            <City>HERNDON</City>
            <State>VA</State>
            <ZIPCode>20171</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>EDUCATIONAL (SCHOOL)</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>OMS INTERNATIONAL INC</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 1648</AddressLine1>
            <City>MONUMENT</City>
            <State>CO</State>
            <ZIPCode>80132</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>NORTH LITTLETON PROMISE</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 3543</AddressLine1>
            <City>LITTLETON</City>
            <State>CO</State>
            <ZIPCode>80161</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>7500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>MISSION WEAR</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>2411 CLARKSON ST</AddressLine1>
            <City>DENVER</City>
            <State>CO</State>
            <ZIPCode>80205</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>MINISTRY SERVICES GROUP</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>1330 OLD WOODBINE RD</AddressLine1>
            <City>ATLANTA</City>
            <State>GA</State>
            <ZIPCode>30319</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>LAMB'S PLAYERS THEATRE</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 182229</AddressLine1>
            <City>CORONADO</City>
            <State>CA</State>
            <ZIPCode>92178</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>KING'S COLLEGE</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>350 FIFTH AVE STE 1501</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10118</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>EDUCATIONAL (SCHOOL)</PurposeOfGrantOrContribution>
          <Amount>250000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>K-LIFE OF DENVER</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>6500 E ORCHARD RD</AddressLine1>
            <City>CENTENNIAL</City>
            <State>CO</State>
            <ZIPCode>80111</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>40000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>INTERCOLLEGIATE STUDY INST</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>3901 CENTERVILLE RD</AddressLine1>
            <City>WILMINGTON</City>
            <State>DE</State>
            <ZIPCode>19807</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>100000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>INDEPENDENCE INSTITUTE</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>727 E 16TH AVE</AddressLine1>
            <City>DENVER</City>
            <State>CO</State>
            <ZIPCode>80203</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>86000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>HOPE HOUSE OF COLORADO</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 740568</AddressLine1>
            <City>ARVADA</City>
            <State>CO</State>
            <ZIPCode>80006</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>HERITAGE FOUNDATION</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>214 MASSACHUSETTS AVE NE</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20002</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>GRAHAM MEMORIAL PRESBYTERIAN CHURCH</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>959 C AVENUE</AddressLine1>
            <City>CORONADO</City>
            <State>CA</State>
            <ZIPCode>92118</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>12000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>CTR FOR RELATIONSHIP EDUC</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>8101 E BELLEVIEW AVE D-2</AddressLine1>
            <City>DENVER</City>
            <State>CO</State>
            <ZIPCode>80237</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>4500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>ARBOL DE VIDA</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 13285</AddressLine1>
            <City>EL PASO</City>
            <State>TX</State>
            <ZIPCode>79913</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>15000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>AMERICAN CONGRESS FOR TRUTH</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 12765</AddressLine1>
            <City>PENSACOLA</City>
            <State>FL</State>
            <ZIPCode>32591</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>30000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>ALLIANCE FR CHOICE IN EDUC</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>1201 E COLFAX AVE STE 302</AddressLine1>
            <City>DENVER</City>
            <State>CO</State>
            <ZIPCode>80218</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>240000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>VALOR CHRISTIAN SCHOOLS</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>3775 E GRACE BLVD</AddressLine1>
            <City>HIGHLANDS RANCH</City>
            <State>CO</State>
            <ZIPCode>80126</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>EDUCATIONAL (SCHOOL)</PurposeOfGrantOrContribution>
          <Amount>10068000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>EXCEL INSTITUTE</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>3050 RICHARD ALLEN CT</AddressLine1>
            <City>DENVER</City>
            <State>CO</State>
            <ZIPCode>80205</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>EDUCATIONAL (SCHOOL)</PurposeOfGrantOrContribution>
          <Amount>588950</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>COLO COUNCIL ECONOMIC EDUC</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>3443 S GALENA ST STE 190</AddressLine1>
            <City>DENVER</City>
            <State>CO</State>
            <ZIPCode>80231</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>OPEN DOOR MINISTRIES</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 18018</AddressLine1>
            <City>DENVER</City>
            <State>CO</State>
            <ZIPCode>80218</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>FUND FOR AMERICAN STUDIES</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>1706 NEW HAMPSHIRE AVE NW</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20009</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>FAMILY TIME TRAINING</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>5511 S YOUNGFIELD ST</AddressLine1>
            <City>LITTLETON</City>
            <State>CO</State>
            <ZIPCode>80127</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>DENVER URBAN MINISTRIES</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>1717 E COLFAX AVE</AddressLine1>
            <City>DENVER</City>
            <State>CO</State>
            <ZIPCode>80218</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>DENVER LEADERSHIP FDN</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>5500 E YALE AVE STE 100</AddressLine1>
            <City>DENVER</City>
            <State>CO</State>
            <ZIPCode>80222</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>3500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>COLORADO CHRISTIAN UNIV</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>8787 W ALAMEDA AVE</AddressLine1>
            <City>LAKEWOOD</City>
            <State>CO</State>
            <ZIPCode>80226</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>EDUCATIONAL (SCHOOL)</PurposeOfGrantOrContribution>
          <Amount>30000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>BELLEVIEW COMMUNITY CHURCH</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>12472 W BELLEVIEW AVE</AddressLine1>
            <City>LITTLETON</City>
            <State>CO</State>
            <ZIPCode>80127</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>12000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>WHIZ KIDS TUTORING INC</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>5500 E YALE AVE STE 101</AddressLine1>
            <City>DENVER</City>
            <State>CO</State>
            <ZIPCode>80222</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>15000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>SERVANT LEADERSHIP FDN</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>950 E WESTGLOW LANE</AddressLine1>
            <City>GREENWOOD VILLAGE</City>
            <State>CO</State>
            <ZIPCode>80121</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>104000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>NTL DAY OF PRAYER TSK FRC</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>8605 EXPLORER DRIVE</AddressLine1>
            <City>COLORADO SPRINGS</City>
            <State>CO</State>
            <ZIPCode>80920</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>30000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>HIS LOVE FELLOWSHIP</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 40296</AddressLine1>
            <City>DENVER</City>
            <State>CO</State>
            <ZIPCode>80204</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>CHRIST'S BODY MINISTRIES</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 18834</AddressLine1>
            <City>DENVER</City>
            <State>CO</State>
            <ZIPCode>80218</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>INNER-CITY SCHOOL INC</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>3560 JOSEPHINE ST</AddressLine1>
            <City>DENVER</City>
            <State>CO</State>
            <ZIPCode>80205</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>EDUCATIONAL (SCHOOL)</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>SAVE OUR YOUTH</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>3443 W 23RD AVE</AddressLine1>
            <City>DENVER</City>
            <State>CO</State>
            <ZIPCode>80211</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>CHERRY HILLS COMM CHURCH</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>3900 E GRACE BOULEVARD</AddressLine1>
            <City>HIGHLANDS RANCH</City>
            <State>CO</State>
            <ZIPCode>80126</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>107500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>CAMPUS CRUSADE FOR CHRIST</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 628222</AddressLine1>
            <City>ORLANDO</City>
            <State>FL</State>
            <ZIPCode>32862</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501C 3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PUBLIC CHARITY</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>11957450</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>24494</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>401620</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>1564587</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <OtherRevenueDescribed>
          <Description>OTHER INCOME-RAPTOR GLOBL</Description>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>150</ExclusionAmount>
        </OtherRevenueDescribed>
        <OtherRevenueDescribed>
          <Description>OTHER INCOME-NEWPORT ASIA</Description>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>-693</ExclusionAmount>
        </OtherRevenueDescribed>
        <SubtotalsPartXVIA>
          <ExclusionAmount>1990158</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>1990158</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>false</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>false</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>false</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>false</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>false</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>false</ReimbursementArrangements>
        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>false</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>false</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule" softwareId="10000105" softwareVersion="2010v3.2">
      <AccountingFees>
        <Category>SPRINKLE &amp; ASSOCIATES LLC</Category>
        <Amount>31752</Amount>
        <NetInvestmentIncome>7938</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>7938</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSchedule" softwareId="10000105" softwareVersion="2010v3.2">
      <Depreciation>
        <DescriptionOfProperty>BUILDING IMPROVEMENTS</DescriptionOfProperty>
        <DateAcquired>2010-11-23</DateAcquired>
        <CostOrOtherBasis>13184</CostOrOtherBasis>
        <PriorYearsDepreciation>14</PriorYearsDepreciation>
        <ComputationMethod>87</ComputationMethod>
        <Rate>0.0256</Rate>
        <CurrentYearExpense>338</CurrentYearExpense>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>BUILDING IMPROVEMENTS</DescriptionOfProperty>
        <DateAcquired>2008-06-01</DateAcquired>
        <CostOrOtherBasis>70137</CostOrOtherBasis>
        <PriorYearsDepreciation>4422</PriorYearsDepreciation>
        <ComputationMethod>87</ComputationMethod>
        <Rate>0.0256</Rate>
        <CurrentYearExpense>1798</CurrentYearExpense>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>BUILDING IMPROVEMENTS</DescriptionOfProperty>
        <DateAcquired>2007-10-16</DateAcquired>
        <CostOrOtherBasis>116241</CostOrOtherBasis>
        <PriorYearsDepreciation>9313</PriorYearsDepreciation>
        <ComputationMethod>87</ComputationMethod>
        <Rate>0.0256</Rate>
        <CurrentYearExpense>2980</CurrentYearExpense>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>3050 RICHARD ALLEN CT</DescriptionOfProperty>
        <DateAcquired>2007-08-08</DateAcquired>
        <CostOrOtherBasis>356680</CostOrOtherBasis>
        <PriorYearsDepreciation>30107</PriorYearsDepreciation>
        <ComputationMethod>87</ComputationMethod>
        <Rate>0.0256</Rate>
        <CurrentYearExpense>9145</CurrentYearExpense>
      </Depreciation>
    </DepreciationSchedule>
    <LandEtcSchedule2 documentId="LandEtcSchedule2" softwareId="10000105" softwareVersion="2010v3.2">
      <LandEtc>
        <CategoryOrItem>Land</CategoryOrItem>
        <CostOrOtherBasis>750000</CostOrOtherBasis>
        <BookValue>750000</BookValue>
        <EOYFMV>750000</EOYFMV>
      </LandEtc>
      <LandEtc>
        <CategoryOrItem>Buildings</CategoryOrItem>
        <CostOrOtherBasis>556242</CostOrOtherBasis>
        <AccumulatedDepreciation>58117</AccumulatedDepreciation>
        <BookValue>498125</BookValue>
        <EOYFMV>556242</EOYFMV>
      </LandEtc>
    </LandEtcSchedule2>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="10000105" softwareVersion="2010v3.2">
      <OtherExpenses>
        <Description>RAPTOR GLOBAL DEDUCTIONS</Description>
        <RevenueAndExpensesPerBooks>100</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>100</NetInvestmentIncome>
      </OtherExpenses>
      <OtherExpenses>
        <Description>POSTAGE</Description>
        <RevenueAndExpensesPerBooks>104</RevenueAndExpensesPerBooks>
      </OtherExpenses>
      <OtherExpenses>
        <Description>OFFICE SUPPLIES</Description>
        <RevenueAndExpensesPerBooks>77</RevenueAndExpensesPerBooks>
      </OtherExpenses>
      <OtherExpenses>
        <Description>NEWPORT K-1 PORTFOLIO DEDUCTIONS</Description>
        <RevenueAndExpensesPerBooks>17761</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>17761</NetInvestmentIncome>
      </OtherExpenses>
      <OtherExpenses>
        <Description>INSURANCE</Description>
        <RevenueAndExpensesPerBooks>1550</RevenueAndExpensesPerBooks>
      </OtherExpenses>
      <OtherExpenses>
        <Description>INSPECTION FEES</Description>
        <RevenueAndExpensesPerBooks>260</RevenueAndExpensesPerBooks>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2" softwareId="10000105" softwareVersion="2010v3.2">
      <OtherIncome>
        <Description>OTHER INCOME-RAPTOR GLOBL</Description>
        <RevenueAndExpensesPerBooks>150</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>150</NetInvestmentIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>OTHER INCOME-NEWPORT ASIA</Description>
        <RevenueAndExpensesPerBooks>-693</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>-693</NetInvestmentIncome>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="OtherIncreasesSchedule" softwareId="10000105" softwareVersion="2010v3.2">
      <OtherIncreases>
        <Description>VANGUARD SALES BOOK/TAX BASIS DIFFERENCE</Description>
        <Amount>7</Amount>
      </OtherIncreases>
    </OtherIncreasesSchedule>
    <OtherLiabilitiesSchedule documentId="OtherLiabilitiesSchedule" softwareId="10000105" softwareVersion="2010v3.2">
      <OtherLiabilities>
        <Description>Payroll Tax Withholding</Description>
        <BOYBookValue>68</BOYBookValue>
        <EOYBookValue>68</EOYBookValue>
      </OtherLiabilities>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule" softwareId="10000105" softwareVersion="2010v3.2">
      <OtherProfessionalFees>
        <Category>UNION BANK CUSTODIAL FEES</Category>
        <Amount>5406</Amount>
        <NetInvestmentIncome>5406</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="10000105" softwareVersion="2010v3.2">
      <Taxes>
        <Category>NEWPORT K-1 FOREIGN TAXES PAID</Category>
        <Amount>2238</Amount>
        <NetInvestmentIncome>2238</NetInvestmentIncome>
      </Taxes>
      <Taxes>
        <Category>FYE 11/30/10 ESTIMATED TAX PAYMENTS</Category>
        <Amount>70000</Amount>
      </Taxes>
      <Taxes>
        <Category>FYE 11/30/09 FED TAX EXTENSION</Category>
        <Amount>10000</Amount>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>