Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
Gates Family Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)1390 Lawrence Street No 400
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Denver, CO802042081
A Employer identification number

84-0474837
B Telephone number (see instructions)

(303) 722-1881
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$568,584,598J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 790,570
2 Check bullet.............
3 Interest on savings and temporary cash investments 17,808 17,808  
4 Dividends and interest from securities... 2,311,155 2,311,155  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 21,468,714
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 12,768,349
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 2,856,206 13,987,494  
12 Total. Add lines 1 through 11........ 27,444,453 29,084,806  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 537,569 125,934   411,635
14 Other employee salaries and wages...... 1,130,271 31,111   1,099,160
15 Pension plans, employee benefits....... 470,803 44,331   426,472
16a Legal fees (attach schedule)......... 33,549 12,537   21,012
b Accounting fees (attach schedule)....... 75,639 17,379   58,260
c Other professional fees (attach schedule).... 261,027 218,886   42,141
17 Interest............... 168,809 0   168,809
18 Taxes (attach schedule) (see instructions)... 21,000 0   0
19 Depreciation (attach schedule) and depletion... 807,294 314,751  
20 Occupancy.............. 114,880 2,376   112,504
21 Travel, conferences, and meetings....... 26,573 1,721   24,852
22 Printing and publications.......... 1,121 0   1,121
23 Other expenses (attach schedule)....... 281,800 4,210   277,590
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,930,335 773,236   2,643,556
25 Contributions, gifts, grants paid....... 21,585,976 21,729,270
26 Total expenses and disbursements. Add lines 24 and 25 25,516,311 773,236   24,372,826
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,928,142
b Net investment income (if negative, enter -0-) 28,311,570
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,464,551 1,860,516 1,860,516
2 Savings and temporary cash investments......... 3,210,006 6,077,347 6,077,347
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 119,820,760 124,192,421 167,492,483
c Investments—corporate bonds (attach schedule)....... 5,130,617 10,100,190 10,066,195
11 Investments—land, buildings, and equipment: basis bullet8,443,970
Less: accumulated depreciation (attach schedule) bullet2,091,782 6,549,646 6,352,188 9,477,193
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 263,691,722 250,155,326 362,425,963
14 Land, buildings, and equipment: basis bullet5,874,532
Less: accumulated depreciation (attach schedule) bullet2,860,644 3,493,612 3,013,888 3,013,888
15 Other assets (describe bullet) 2,636,047 8,171,013 8,171,013
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 405,996,961 409,922,889 568,584,598
Liabilities 17 Accounts payable and accrued expenses.......... 7,376 5,162
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......   2,000,000
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 7,376 2,005,162
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 405,989,585 407,917,727
29 Total net assets or fund balances (see instructions)..... 405,989,585 407,917,727
30 Total liabilities and net assets/fund balances (see instructions). 405,996,961 409,922,889
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
405,989,585
2
Enter amount from Part I, line 27a .....................
2
1,928,142
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
407,917,727
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
407,917,727
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly traded securities   2020-12-31 2020-12-31
b William Blair Small Mid Cap P 2020-12-31 2020-12-31
c Longleaf Partners Small Cap P 2020-12-31 2020-12-31
d Accolade Partners V P 2020-12-31 2020-12-31
e Adams St. Global Secondary Fund II P 2020-12-31 2020-12-31
Cody Company P 2020-12-31 2020-12-31
Commonfund International VI P 2020-12-31 2020-12-31
Commonfund Natural Res IX P 2020-12-31 2020-12-31
Commonfund Natural Res. VII P 2020-12-31 2020-12-31
Commonfund Natural Res. VIII P 2020-12-31 2020-12-31
Commonfund Private Equity VII P 2020-12-31 2020-12-31
Commonfund Venture Partn. VIII P 2020-12-31 2020-12-31
Commonfund Venture Partners IX P 2020-12-31 2020-12-31
Horsley Bridge XI Venture, LP P 2020-12-31 2020-12-31
Horsley Bridge XII Venture, LP P 2020-12-31 2020-12-31
Horsley Bridge XIII P 2020-12-31 2020-12-31
Mesirow Financial PE III P 2020-12-31 2020-12-31
Northgate Venture Partners VI P 2020-12-31 2020-12-31
Sanders Capital All Asset Value Fund, L.P. P 2020-12-31 2020-12-31
Siguler Guff Distr. Opp. III P 2020-12-31 2020-12-31
Siguler Guff Distr. Opp IV P 2020-12-31 2020-12-31
Siguler Guff Small Buyout Fund II P 2020-12-31 2020-12-31
Siguler Guff Small Buyout Fund III P 2020-12-31 2020-12-31
Siguler Guff Distressed Opp Real Estate II P 2020-12-31 2020-12-31
SGA S&P 500 Index Fund P 2020-12-31 2020-12-31
Tailwind Capital Partners III P 2020-12-31 2020-12-31
Tortoise Comingled MLP P 2020-12-31 2020-12-31
Siguler Guff Small Buyout Fund IV P 2020-12-31 2020-12-31
Aberdeen/FLAG International Partners P 2020-12-31 2020-12-31
Aberdeen Private Equity III P 2020-12-31 2020-12-31
Aberdeen/FLAG Venture Partners VI P 2020-12-31 2020-12-31
Abbott Capital Private Equity Fund VI (Offshore), L.P. P 2020-12-31 2020-12-31
Veritas Capital VI P 2020-12-31 2020-12-31
Blackrock Alternative Advisors P 2020-12-31 2020-12-31
Less UBTI gains reported on 990T P 2020-12-31 2020-12-31
Accolade Partners V P 2020-12-31 2020-12-31
Adams Street Global Secondaries II P 2020-12-31 2020-12-31
Common Fund International VI P 2020-12-31 2020-12-31
Common Fund Natural Resources IX P 2020-12-31 2020-12-31
Commonfund Natural Res. VII P 2020-12-31 2020-12-31
Common Fund Natural Resources VIII P 2020-12-31 2020-12-31
Common Fund Private Equity VII P 2020-12-31 2020-12-31
Common Fund Venture Partners IX P 2020-12-31 2020-12-31
Mesirow Financial PE Fund II P 2020-12-31 2020-12-31
Siguler Guff Distressed Opp III P 2020-12-31 2020-12-31
Tailwind Capital Partners III P 2020-12-31 2020-12-31
Less Blackrock gain reported on Form 5471 P 2020-12-31 2020-12-31
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a       -139,940
b       426,798
c       648,604
d       142,321
e       494,800
      -306,523
      111,818
      163,444
      50,479
      139,631
      451,682
      95,497
      952,068
      70,357
      113,924
      -12
      358,151
      416,134
      522,314
      6,544
      40,902
      356,911
      374,527
      203,832
      4,817,052
      0
      -1,264,465
      224
      602,249
      116,688
      917,623
      1,743,876
      140,846
      8,368,970
      -331,395
      20,592
      445
      3,893
      11,425
      -654
      1,553
      58,512
      -7
      250
      -4
      235,383
      -8,368,970
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -139,940
b       426,798
c       648,604
d       142,321
e       494,800
      -306,523
      111,818
      163,444
      50,479
      139,631
      451,682
      95,497
      952,068
      70,357
      113,924
      -12
      358,151
      416,134
      522,314
      6,544
      40,902
      356,911
      374,527
      203,832
      4,817,052
      0
      -1,264,465
      224
      602,249
      116,688
      917,623
      1,743,876
      140,846
      8,368,970
      -331,395
      20,592
      445
      3,893
      11,425
      -654
      1,553
      58,512
      -7
      250
      -4
      235,383
      -8,368,970
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 12,768,349
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 393,531
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 393,531
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 393,531
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 192,369
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 192,369
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 841
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 202,003
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCO
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
    Yes
     
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletgatesfamilyfoundation.org
    14
    The books are in care ofbulletSue Dorsey Telephone no.bullet (303) 722-1881

    Located atbullet1390 Lawrence StreetDenverCO ZIP+4bullet802042081
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletCJ
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Dane Harbaugh Chair
    1.50     		0 0 0
    1390 Lawrence Street Ste 400
    Denver,CO802042081
    Marshall C Wallach Vice Chair
    1.50     		0 0 0
    1390 Lawrence Street Ste 400
    Denver,CO802042081
    Doris J Biester Treasurer
    1.50     		0 0 0
    1390 Lawrence Street Ste 400
    Denver,CO802042081
    Lauren Davis Trustee
    1.50     		0 0 0
    1390 Lawrence Street Ste 400
    Denver,CO802042081
    Richard C Celeste Trustee
    1.50     		0 0 0
    1390 Lawrence Street Ste 400
    Denver,CO802042081
    Wesley Brown Trustee
    1.50     		0 0 0
    1390 Lawrence Street Ste 400
    Denver,CO802042081
    Wally Obermeyer Trustee
    1.50     		0 0 0
    1390 Lawrence Street Ste 400
    Denver,CO802042081
    Thomas A Gougeon President, Secretary
    40.00     		357,127 56,513 714
    1390 Lawrence Street Ste 400
    Denver,CO802042081
    Susan N Dorsey Sr. VP Finance, Admin & Im
    40.00     		180,442 44,160 0
    1390 Lawrence Street Ste 400
    Denver,CO802042081
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    Mary Seawell Sr VP Education
    40.00     		179,764 29,097 0
    1390 Lawrence Street
    Denver,CO802042081
    Melissa Davis VP Strategic Comm &
    40.00     		126,682 23,669 0
    1390 Lawrence Street
    Denver,CO802042081
    Ana Soler Sr. Program Officer-
    40.00     		122,824 25,883 0
    1390 Lawrence Street
    Denver,CO802042081
    Lisa Rucker Sr. Prog. Officer/Gr
    40.00     		116,587 23,563 0
    1390 Lawrence Street
    Denver,CO802042081
    Anna Schmid Controller
    40.00     		103,702 26,520 0
    1390 Lawrence Street
    Denver,CO802042081
    Total number of other employees paid over $50,000...................bullet 5
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Ellwood Associates Investment advisor 100,574
    33 West Monroe Suite 1850
    Chicago,IL60603
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 The Foundation entered into a loan fund agreement with Colorado Enterprise Fund to support Colorado based micro and small businesses and nonprofit organizations. 2,000,000
    2 The Foundation entered into a loan fund agreement with Colorado Charter Facility Solutions in 2019 to support the launch of a Colorado Charter School Facilities Fund. The Foundation made additional loans totaling $1,631,250 in 2020. 1,631,250
    All other program-related investments. See instructions.
    3 1,946,875
    Total. Add lines 1 through 3.........................bullet5,578,125
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    475,613,117
    b
    Average of monthly cash balances.......................
    1b
    8,074,816
    c
    Fair market value of all other assets (see instructions)................
    1c
    9,477,193
    d
    Total (add lines 1a, b, and c).........................
    1d
    493,165,126
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    493,165,126
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    7,397,477
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    485,767,649
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    24,288,382
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    24,288,382
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    393,531
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    393,531
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    23,894,851
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    186,454
    5
    Add lines 3 and 4............................
    5
    24,081,305
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    24,081,305
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    24,372,826
    b
    Program-related investments—total from Part IX-B..................
    1b
    5,578,125
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    12,819
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    29,963,770
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    29,963,770
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 24,081,305
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 6,613,517
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 29,963,770
    a Applied to 2019, but not more than line 2a 6,613,517
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 23,350,253
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		731,052
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    NA
    N/A
    NA,CO80204
    (303) 722-1881
    N/A
    bThe form in which applications should be submitted and information and materials they should include:
    Capital grant applicants should use the Common Grant Application available on the Foundation's website: www.gatesfamilyfoundation.org. All other types of grants are by initiative of the Foundation only.
    cAny submission deadlines:
    Proposal deadlines: March 15 and September 15.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    The Foundation supports capital projects, which are typically building purchase, construction, expansion, renovation, and/or land acquisition, as well as other forms of initiated grant making for capital, program, operating and other purposes in four priority areas - P-12 Education, Natural Resources, Rural Communities and Urbanism. The Foundation also makes recyclable commitments of capital in the form of Program Related Investments in support of its objectives in the four priority areas for initiated activity.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Opera Steamboat
    PO Box 775576
    Steamboat Springs,CO804775576     		N/A PC Unrestricted 15,000
    Steamboat Art Museum
    PO Box 883434
    Steamboat Springs,CO80488     		N/A PC Unrestricted 15,000
    Strings Music Festival
    PO Box 774627
    Steamboat Springs,CO80477     		N/A PC Unrestricted 20,000
    Tread of Pioneers Historical Commission
    PO Box 772372
    Steamboat Springs,CO80477     		N/A PC Unrestricted 25,000
    Colorado State University
    410 University Services Center 1680
    Campus Deliver
    Fort Collins,CO80552     		N/A PC Scholarship/fellowships 50,000
    Mountain Village Montessori School
    PO Box 883141
    Steamboat Springs,CO80488     		N/A PC Project Support 20,000
    St Benedict at Auburndale High School
    8250 Varnavas Drive
    Cordova,TN38016     		N/A PC Scholarships/Fellowships 18,000
    Colorado Agricultural Leadership Foundation
    Po Box 581
    Castle Rock,CO80104     		N/A PC Unrestricted 10,000
    Mogollon Sporting Association
    PO Box 1662
    Payson,AZ85547     		N/A PC Unrestricted 4,272
    American Foreign Policy Council
    509 C St NE
    Washington,DC200025809     		N/A PC Unrestricted 10,000
    Arise Rwanda Ministries
    8333 SE Stark Street
    Portland,OR97216     		N/A PC Unrestricted 5,000
    Arizona Wild Rescue
    908 South Rodeo Drive
    Payson,AZ855415212     		N/A PC Unrestricted 5,000
    Born Free Wildlife Rehabilitation
    PO Box 772096
    Steamboat Springs,CO80477     		N/A PC Unrestricted 25,544
    Denver Dumb Friends League
    2080 South Quebec Street
    Denver,CO80231     		N/A PC Project Support 13,544
    Integrated Community
    443 Oak Street
    Steamboat Springs,CO80487     		N/A PC Unrestricted 15,000
    Routt County Search and Rescue
    PO Box 772837
    Steamboat Springs,CO80477     		N/A PC Unrestricted 15,000
    Tonto Rim Search and Rescue Squad
    PO Box 357
    Pine,AZ85544     		N/A PC Unrestricted 10,000
    Steamboat Health and Recreation Association Inc
    PO Box 771211
    Steamboat Springs,CO80477     		N/A PC Unrestricted 15,000
    Yampa River Botanical Park CO YVCF
    PO Box 881869
    Steamboat Springs,CO80477     		N/A PC Project Support 15,000
    Camp Kesem
    10586 W Pico Blvd 196
    Los Angeles,CA90064     		N/A PC Project Support 20,000
    Colorado West Mental Health Center
    PO Box 774706
    Steamboat Springs,CO80477     		N/A PC Project Support 25,000
    Dueker Ranch
    815 South Rochester
    Mesa,AZ85206     		N/A PC Unrestricted 25,000
    Rim Country Rotary Foundation
    PO Box 703
    Payson,AZ85547     		N/A PC Unrestricted 4,272
    There With Care
    2401 South Colorado Blvd Suite A
    Denver,CO80222     		N/A PC Unrestricted 10,000
    Gates Center for Regenerative Medicine
    13001 East 17th Place
    Aurora,CO80045     		N/A PC Research 70,000
    Yampa Valley Autism Program
    PO Box 771824
    Steamboat Springs,CO80477     		N/A PC Unrestricted 20,000
    Museum of Contemporary Art
    1485 Delgany Street
    Denver,CO80202     		N/A PC Unrestricted 50,734
    Museum of Glass
    1801 Dock Street
    Tacoma,WA984023217     		N/A PC Unrestricted 5,000
    Pratt Fine Arts Center
    1902 South Main Street
    Seattle,WA98144     		N/A PC Unrestricted 5,000
    Asbury Elementary School
    1320 East Asbury Ave
    Denver,CO80210     		N/A GOV Unrestricted 11,641
    Colorado Academy
    3800 South Pierce Street
    Denver,CO80235     		N/A PC Unrestricted 5,000
    Graland Country Day School
    55 Clermont Street
    Denver,CO802205600     		N/A PC Project Support 8,576
    Pilchuck Glass School
    240 2nd Ave S Suite 100
    Seattle,WA98104     		N/A PC Project Support 14,706
    Aviation Hall of Fame
    1100 Spaatz St
    Dayton,OH45433     		N/A PC Operating 50,000
    Gates Biomanufacturing Facility Support Foundation
    12800 East 19th Avenue Room 8119
    Aurora,CO80045     		N/A POF Equipment/furnishings 175,000
    Gates Center for Regenerative Medicine
    13001 East 17th Place
    Aurora,CO80045     		N/A PC Operating 1,200,000
    Gates Center for Regenerative Medicine
    1800 Grant St Suite 725
    Denver,CO80203     		N/A PC Research 1,000,000
    Gates Grubstake Fund
    13001 East 17th Place
    Aurora,CO80045     		N/A PC Project Support 1,200,000
    Taos County Economic Development Corp
    PO Box 1389
    Taos,NM87571     		N/A PC Unrestricted 10,000
    Birds of Prey Rehabilitation Foundation
    2290 South 104th Street
    Broomfield,CO80020     		N/A PC Unrestricted 10,000
    Central Florida Animal Reserve
    500 Broussard Road
    St Cloud,FL34773     		N/A PC Unrestricted 10,000
    Denver Dumb Friends League
    2080 South Quebec Street
    Denver,CO80231     		N/A PC Unrestricted 10,000
    Dogs for Life Inc
    1230 16th Ave
    Vero Beach,FL32960     		N/A PC Unrestricted 10,000
    Prevent Unwanted Pets
    1884 Bostik Road
    Cat Spring,TX78933     		N/A PC Unrestricted 10,000
    Save the Chimps
    PO Box 12220
    Ft Pearce,FL34979     		N/A PC Unrestricted 10,000
    Turpentine Creek Wildlife Refuge
    239 Turpentine Creek Lane
    Eureka Springs,AR72632     		N/A PC Unrestricted 10,000
    Austin County Peace Officers Association
    201 Atchison Street
    Sealy,TX77474     		N/A PC Unrestricted 5,000
    Cat Spring Volunteer Fire Department
    PO Box 38
    Cat Spring,TX78933     		N/A PC Unrestricted 10,000
    Dreamtree Project Inc
    PO Box 1677
    Taos,NM87571     		N/A PC Unrestricted 6,000
    H O A Inc of Austin County
    915 Frydek Road
    Sealy,TX77474     		N/A PC Unrestricted 10,000
    La Puente Home
    P O Box 1235
    Alamosa,CO81101     		N/A PC Project Support 10,000
    Rancho Los Cerritos Foundation
    4600 Virginia Road
    Long Beach,CA90807     		N/A PC Project Support 25,000
    Rancho Los Cerritos Foundation
    4600 Virginia Road
    Long Beach,CA90807     		N/A PC Project Support 25,000
    Long Beach Rotary Charitable Foundation
    400 Oceangate Suite 470
    Long Beach,CA90802     		N/A PC Project Support 10,000
    Punahou School
    1601 Punahou Street
    Honolulu,HI96822     		N/A PC Scholarships/Fellowships 25,000
    Aquarium of the Pacific
    320 Golden Shore Suite 350
    Long Beach,CA90802     		N/A PC Project Support 25,000
    CSULB 49er Foundation
    6300 East State University Drive
    Suite 324
    Long Beach,CA90815     		N/A PC Scholarships/Fellowships 20,000
    A New Way of Life
    PO Box 875288
    Los Angeles,CA90087     		N/A PC Project Support 25,000
    Assistance League of Long Beach
    6220 East Spring Street
    Long Beach,CA908151422     		N/A PC Project Support 10,000
    Child Guidance Center
    525 Cabrillo Park Drive Suite 300
    Santa Ana,CA92701     		N/A PC Project Support 10,000
    Children Today
    2951 Long Beach Blvd
    Long Beach,CA90806     		N/A PC Project Support 25,000
    Long Beach Bar Foundation Inc
    3515 Linden Ave
    Long Beach,CA90807     		N/A PC Project Support 10,000
    Long Beach BLAST
    4201 Long Beach Blvd Suite 201
    Long Beach,CA90807     		N/A PC Project Support 10,000
    Long Beach Community Foundation
    400 Oceangate Suite 800
    Long Beach,CA90802     		N/A PC Project Support 50,000
    Memorial Medical Center Foundation
    2801 Atlantic Ave
    Long Beach,CA90806     		N/A PC Project Support 25,000
    Ronald McDonald House of Long Beach
    500 E 27th Street
    Long Beach,CA90806     		N/A PC Project Support 25,000
    Gates Center for Regenerative Medicine
    13001 East 17th Place Suite WG112
    Aurora,CO80045     		N/A PC Project Support 10,000
    WomenShelter of Long Beach
    PO Box 17098
    Long Beach,CA90807     		N/A PC Project Support 25,000
    YMCA of Greater Long Beach
    3605 Long Beach Blvd Suite 210
    Long Beach,CA90807     		N/A PC Project Support 25,000
    YMCA of Greater Long Beach
    3605 Long Beach Blvd Suite 210
    Long Beach,CA90807     		N/A PC Project Support 25,000
    Bishop Museum
    1525 Bernice Street
    Honolulu,HI96817     		N/A PC Unrestricted 5,000
    Iolani Palace
    PO Box 2259
    Honolulu,HI968042259     		N/A PC Unrestricted 10,000
    Hawaii Public Radio
    738 Kaheka Street
    Honolulu,HI96814     		N/A PC Unrestricted 10,000
    Hawaiian Mission Houses
    553 South King Street
    Honolulu,HI96813     		N/A PC Unrestricted 5,000
    Kona Historical Society
    PO Box 398
    Captain Cook,HI96704     		N/A PC Unrestricted 5,000
    Parker School
    65-1224 Lindsey Road
    Kamuela,HI96743     		N/A PC Scholarships/Fellowships 10,000
    Parker School
    65-1224 Lindsey Road
    Kamuela,HI96743     		N/A PC Unrestricted 25,000
    Punahou School
    1601 Punahou Street
    Honolulu,HI96822     		N/A PC Scholarships/Fellowships 25,000
    Hawaii Community Foundation
    827 Fort Street Mall
    Honolulu,HI96813     		N/A PC Project Support 15,000
    Hawaiian Islands Land Trust
    126 Queen Street Suite 306
    Honolulu,HI96813     		N/A PC Unrestricted 5,000
    Island Conservation
    2100 Delaware Ave Suite 1
    Santa Cruz,CA95060     		N/A PC Unrestricted 10,000
    Kohala Center Inc
    PO Box 437462
    Kamuela,HI96743     		N/A PC Unrestricted 5,000
    The Nature Conservancy
    923 Nuuanu Ave
    Honolulu,HI96817     		N/A PC Unrestricted 50,000
    Waimea Outdoor Circle
    PO Box 6144
    Kamuela,HI96743     		N/A PC Project Support 10,000
    World Wildlife Fund Inc
    1250 24th St NW
    Washington,DC20037     		N/A PC Project Support 20,000
    Hawaii Wildlife Center
    PO Box 551752
    Kapaau,HI96755     		N/A PC Unrestricted 7,500
    American Red Cross of Hawaii
    4155 Diamond Head Road
    Honolulu,HI96816     		N/A PC Project Support 20,000
    Daniel Robert Sayre Memorial Foundation
    PO Box 1285
    KailuaKona,HI96745     		N/A PC Project Support 20,000
    Friends of the Future
    PO Box 2655
    Kamuela,HI96743     		N/A PC Unrestricted 5,000
    North Hawaii Hospice Inc
    65-1328 Kawaihae Road
    Kamuela,HI96743     		N/A PC Unrestricted 10,000
    Rehabilitation Hospital of the Pacific Foundation
    226 N Kuakini St
    Honolulu,HI96817     		N/A PC Unrestricted 10,000
    Ronald McDonald Charities of Hawaii
    PO Box 61777
    Honolulu,HI968391777     		N/A PC Unrestricted 5,000
    Food Basket Inc (The)
    40 Holomua Street
    Hilo,HI96720     		N/A PC Project Support 10,000
    Gates Center for Regenerative Medicine
    13001 East 17th Place
    Aurora,CO80045     		N/A PC Project Support 42,745
    Filmmakers Collaborative Inc
    6 Eastman Place Suite 202
    Melrose,MA02176     		N/A PC Project Support 4,488
    Stanford Hospital Health Library
    211 Quarry Road Suite 201-M/C 5991
    Palo Alto,CA94301     		N/A PC Unrestricted 5,000
    Aleph Academy
    1175 West Moana Lane
    Reno,NV89509     		N/A PC Unrestricted 5,000
    Brookfield School
    6800 South McCarran Blvd
    Reno,NV89509     		N/A PC Unrestricted 5,000
    Highland Park High School Parent Teacher Association
    4220 Emerson Ave
    Dallas,TX75205     		N/A PC Project Support 7,496
    Highland Park Education Foundation
    4201 Grassmere Lane
    Dallas,TX75205     		N/A PC Project Support 20,000
    HopeAustin
    13809 Research Blvd Suite 810
    Austin,TX78750     		N/A PC Unrestricted 15,000
    International School of Texas
    4402 Hudson Bend Road
    Austin,TX78734     		N/A PC Unrestricted 10,000
    La Fiesta de las Seis Banderas
    PO Box 289
    Dallas,TX75205     		N/A PC Unrestricted 2,000
    McCulloch Intermediate School Parent Teachers Association
    3555 Granada Ave
    Dallas,TX75205     		N/A PC Project Support 2,000
    Peninsula Open Space Trust
    222 High Street
    Palo Alto,CA94301     		N/A PC Unrestricted 10,000
    Amnesty International USA
    5 Penn Plaza 16th Floor
    New York,NY10001     		N/A PC Unrestricted 5,000
    Hoover Institution
    434 Galvez Mall
    Stanford,CA943056010     		N/A PC Unrestricted 10,000
    Biggest Little Trail Stewardship
    PO Box 9222
    Reno,NV89507     		N/A PC Unrestricted 6,996
    Sierra Buttes Trail Stewardship
    550 Crescent Street
    Quincy,CA95971     		N/A PC Unrestricted 2,500
    Tahoe Area Mountain Bike Association
    PO Box 13712
    South Lake Tahoe,CA96151     		N/A PC Project Support 6,000
    Tahoe Rim Trail Association
    PO Box 3267
    Stateline,NV89449     		N/A PC Unrestricted 6,000
    American Red Cross of Hawaii
    4155 Diamond Head Road
    Honolulu,HI96816     		N/A PC Unrestricted 10,000
    Angel Charity for Children Inc
    PO Box 14225
    Tucson,AZ85732     		N/A PC Unrestricted 30,000
    Community Foundation for Southern Arizona
    6420 East Broadway Blvd Suite A100
    Tucson,AZ85710     		N/A PC Unrestricted 10,000
    Doctors Without Borders
    40 Rector Street 16 Floor
    New York,NY10006     		N/A PC Unrestricted 5,000
    Healing Arizona Veterans
    7598 North La Cholla Blvd
    Tucson,AZ85741     		N/A PC Unrestricted 10,000
    Mad in America
    763 Massachusetts Ave
    Cambridge,MA02139     		N/A PC Unrestricted 25,000
    Mo Ranch
    2229 FM 1340
    Hunt,TX780243037     		N/A PC Unrestricted 6,496
    Southern Arizona Law Enforcement Foundation Inc
    7660 E Broadway Suite 205
    Tucson,AZ85710     		N/A PC Unrestricted 30,488
    Sove Lavi
    401 North Carroll Ave Suite 124
    Southlake,TX76092     		N/A PC Unrestricted 5,000
    Spreading Threads Clothing Bank
    5435 North Desert Saguaro Ct
    Tucson,AZ85745     		N/A PC Unrestricted 3,000
    St Anthony Foundation
    150 Golden Gate Ave
    San Francisco,CA94102     		N/A PC Project Support 2,500
    TRAK Tucson
    3250 East Allen Road
    Tucson,AZ85718     		N/A PC Unrestricted 15,000
    St Anthony Padua Dining Room
    3500 Middlefield Rd
    Menlo Park,CA94025     		N/A PC Project Support 2,500
    Colorado Office of Economic Development and International Trade
    1600 Broadway Suite 2500
    Denver,CO80202     		N/A GOV Project Support 50,000
    Alliance for Sustainable Colorado
    1536 Wynkoop St Ste 100
    Denver,CO80202     		N/A PC Project Support 15,000
    Artspace Projects Inc
    250 3Rd Ave N Ste 400
    Minneapolis,MN55401     		N/A PC Project Support 50,000
    DreamSpring
    2000 Zearling Ave NW
    Albuquerque,NM87104     		N/A PC Project Support 50,000
    The Fax Partnership
    6740 East Colfax Ave
    Denver,CO80220     		N/A PC Project Support 30,000
    El Laboratorio
    PO Box 11463
    Denver,CO81003     		N/A PC Project support 25,000
    Mi Casa Resource Center
    345 S Grove St
    Denver,CO802192827     		N/A PC Project Support 30,000
    Montezuma Orchard Restoration Project
    PO Box 1556
    Cortez,CO81321     		N/A PC Project Support 20,000
    Redline Contemporary Art Center
    2350 Arapahoe Street
    Denver,CO80205     		N/A PC Project Support 20,000
    Solar Energy International
    39845 Matthews Land
    Paonia,CO81428     		N/A PC Project Support 15,000
    West Colfax Business Improvement District
    3275 West 14th Ave 202
    Denver,CO80204     		N/A GOV Project Support 30,000
    Chalkbeat
    1239 Broadway Suite 703B
    New York,NY10001     		N/A PC Operating 75,000
    Colorado Children's Campaign
    1580 N Lincoln St Ste 420
    Denver,CO80203     		N/A PC Project Support 25,000
    Colorado League of Charter Schools
    2696 South Colorado Blvd Suite 250
    Denver,CO80222     		N/A PC Project Support 30,000
    A Colorado
    1390 Lawrence Street Suite 200
    Denver,CO80204     		N/A PC Project support 60,000
    Trendlines
    789 Sherman Street Suite 250
    Denver,CO80203     		N/A PC Project Support 40,000
    Colorado Succeeds
    1390 Lawrence St Suite 200
    Denver,CO80204     		N/A PC Project Support 60,000
    Colorado Youth Congress
    6001 W 16Th Ave
    Lakewood,CO80214     		N/A POF Project Support 50,000
    Education Reform Now
    1390 Lawrence Street Suite 200
    Denver,CO80204     		N/A PC Project Support 60,000
    Canon City School District
    101 North 14th Street
    Canon City,CO81212     		N/A GOV Project Support 50,000
    Generation Schools
    455 Sherman St Suite 120
    Denver,CO80203     		N/A PC Project Support 30,000
    Keystone Policy Center
    1628 Saint John Rd
    Keystone,CO804357714     		N/A PC Project Support 100,000
    Lyra
    1390 Lawrence Street Suite 400
    Denver,CO80204     		N/A PC Project Support 125,000
    Lyra
    1390 Lawrence Street Suite 400
    Denver,CO80204     		N/A PC Project Support 25,000
    Moonshot edVentures
    3840 N York Street Suite 145
    Denver,CO80205     		N/A PC Project Support 60,000
    National Council on Teacher Quality
    1032 15th Street NW 242
    Washington,DC20005     		N/A PC Project Support 25,000
    Oxford Teachers Academy
    537 Taylor Ave
    Alameda,CA94501     		N/A SO I Project Support 50,000
    RootED
    1390 Lawrence St Ste 200
    Denver,CO80204     		N/A PC Project Support 500,000
    Colorado Education Organizing Funder Collaborative (CEO)
    4500 Cherry Creek Drive South
    Denver,CO80246     		N/A PC Operating 60,000
    Valley Settlement
    520 S Third Street Suite 9
    Carbondale,CO81623     		N/A PC Project Support 40,000
    The Wildflower Foundation
    1330 Lagoon Ave 4th Floor
    Minneapolis,MN55408     		N/A PC Project Support 40,000
    Colorado Cattlemen's Agricultural Land Trust
    8833 Ralston Road
    Arvada,CO80002     		N/A PC Operating 35,000
    Colorado Cattlemen's Association
    8833 Ralston Road
    Arvada,CO80002     		N/A SO I Project Support 60,000
    Colorado Forum Fund
    511 16th Street Suite 210
    Denver,CO80202     		N/A PC Project Support 13,500
    Colorado Water Trust
    1420 Ogden Street Suite A2
    Denver,CO80218     		N/A PC Project Support 100,000
    Crested Butte Land Trust
    Po Box 2224
    Crested Butte,CO81224     		N/A PC Project Support 80,000
    Environmental Defense Fund
    257 Park Ave South
    New York,NY10010     		N/A PC Project Support 100,000
    Montezuma Land Conservancy
    Po Box 1522
    Cortez,CO81321     		N/A PC Project Support 63,000
    National Fish and Wildlife Foundation
    1875 Lawrence Street Suite 320
    Denver,CO80202     		N/A PC Project Support 250,000
    National Wild Turkey Federation
    PO Box 530
    Edgefeld,SC29824     		N/A PC Project Support 120,000
    Quivira Coalition
    1413 2Nd St Ste 1
    Santa Fe,NM875053435     		N/A PC Project Support 50,000
    Rio Grande Headwaters Land Trust
    PO Box 444
    Del Norte,CO81132     		N/A PC Land Purchase 305,000
    Conservation Fund
    1942 Broadway Suite 323
    Boulder,CO80302     		N/A PC Project Support 75,000
    Theodore Roosevelt Conservation Partnership
    529 14th Street NW Suite 500
    Washington,DC20045     		N/A PC Project Support 75,000
    New Voice Strategies
    3980 Broadway 176
    Boulder,CO80304     		N/A PC Convening 2,500
    Alamosa School District
    209 Victoria Ave
    Alamosa,CO81101     		N/A GOV Project Support 5,000
    Archuleta School District #50 Jt
    PO Box 1498
    Pagosa Springs,CO81147     		N/A GOV Project Support 3,500
    Care and Share Food Bank for Southern Colorado
    2605 Preamble Point
    Colorado Springs,CO80915     		N/A PC Project Support 25,000
    Center for African American Health
    3305 Hudson Street
    Denver,CO80207     		N/A PC Project Support 10,000
    Character Based Small Business Lending Fund
    1441 18th Street Suite 150
    Denver,CO80202     		N/A PC Project Support 25,000
    Chinook Fund
    1031 33rd Street
    Denver,CO80205     		N/A PC Project Support 20,000
    Colorado Hospitals for a Healthy Environment
    7335 E Orchard Road Suite 100
    Greenwood Village,CO80111     		N/A PC Project Support 40,000
    Colorado Coalition for the Homeless
    2111 Champa Street
    Denver,CO80205     		N/A PC Project Support 50,000
    Keep it Colorado
    1301 Arapahoe St Ste 105
    Golden,CO80401     		N/A PC Technical Assistance 50,000
    Colorado Housing and Finance Authority
    1981 Blake Street
    Denver,CO802021272     		N/A GOV Project Support 100,000
    Colorado Education Initiative (The)
    600 17th Street Suite 1400N
    Denver,CO80202     		N/A PC Project Support 50,000
    Center for Community Wealth Building
    789 N Sherman St Ste 250
    Denver,CO80205     		N/A PC Project Support 25,000
    Colorado Succeeds
    1390 Lawrence St Suite 200
    Denver,CO80204     		N/A PC Project Support 10,000
    Pine River Shares
    PO Box 993
    Bayfield,CO81122     		N/A PC Project support 5,000
    Companeros
    701 Camino del Rio Suite 319
    Durango,CO81301     		N/A PC Project Support 10,000
    Cotopaxi School District RE-3
    PO Box 385
    Cotopaxi,CO81223     		N/A GOV Project Support 2,000
    Delores Project (The)
    PO Box 1406
    Denver,CO80201     		N/A PC Project Support 5,000
    Denver Food Rescue
    PO Box 18370
    Denver,CO80218     		N/A PC Project Support 15,000
    Denver Foundation
    1009 North Grant Street
    Denver,CO80203     		N/A PC Project Support 100,000
    Denver Foundation
    1009 North Grant Street
    Denver,CO80203     		N/A PC XXX 70,000
    DreamSpring
    2000 Zearling Ave NW
    Albuquerque,NM87104     		N/A PC Project Support 50,000
    Powerhouse (The)
    1333 Camino Del Rio
    Durango,CO81301     		N/A PC Operating 7,500
    Enterprise Community Partners Inc
    11000 Broken Land Parkway Suite 700
    Columbia,MD21044     		N/A PC Project support 40,000
    Family Resource Center Association Inc
    2543 California Street
    Denver,CO80205     		N/A PC Project Support 45,000
    First Southwest Community Fund
    Po Box 1139
    Alamosa,CO811011139     		N/A PC Program-related Investment 50,000
    Food Bank of the Rockies
    10700 E 45th Avenue
    Denver,CO802393007     		N/A PC Project Support 25,000
    Sistahbiz
    20340 East 40th Ave
    Denver,CO80249     		N/A PC Project Support 25,000
    Fremont RE-2 School District
    403 West 5th Street
    Florence,CO81226     		N/A GOV Project Support 2,500
    Canon City School District
    101 North 14th Street
    Canon City,CO81212     		N/A GOV Project Support 5,000
    Impact Charitable
    1536 Wynkoop Street Suite 223
    Denver,CO80202     		N/A PC Project Support 20,000
    Keystone Policy Center
    1628 Saint John Rd
    Keystone,CO804357714     		N/A PC Project Support 40,000
    La Puente Home
    P O Box 1235
    Alamosa,CO81101     		N/A PC Project Support 22,000
    Lake County School District R-1
    107 Spruce Street
    Leadville,CO80461     		N/A GOV Project Support 3,000
    Latino Community Foundation of Colorado
    2250 South Oneida Street Suite 102
    Denver,CO80224     		N/A PC Project Support 25,000
    LiveWell Colorado
    1490 Lafayette Street Suite 404
    Denver,CO80218     		N/A PC Project Support 10,000
    Lyra
    1390 Lawrence Street Suite 400
    Denver,CO80204     		N/A PC Project Support 27,500
    Mile High United Way
    711 Park Avenue West
    Denver,CO80205     		N/A PC Project Support 275,000
    Philanthropy Colorado
    600 South Cherry Street Suite 1200
    Denver,CO80246     		N/A PC Project Support 10,000
    ReVision
    3800 Morrison Road
    Denver,CO80219     		N/A PC Project Support 5,000
    Rio Grande Headwaters Land Trust
    PO Box 444
    Del Norte,CO81132     		N/A PC Project Support 10,000
    RISE Colorado
    1595 Elmira St Suite 201
    Aurora,CO80010     		N/A PC Project Support 8,000
    RISE Colorado
    1595 Elmira St Suite 201
    Aurora,CO80010     		N/A PC Project Support 10,000
    Main Street Phoenix Project
    110 16Th St Ste 1300
    Denver,CO802025215     		N/A PC Project Support 50,000
    Rocky Mountain Microfinance Institute
    1209 W 10Th Ave
    Denver,CO80204     		N/A PC Project Support 50,000
    Silverton School District
    PO Box 128
    Silverton,CO81433     		N/A GOV Project Support 1,500
    Sun Valley Community Center
    1260 Decatur Street
    Denver,CO80204     		N/A PC Project Support 2,500
    GrowHaus (The)
    4751 York Street
    Denver,CO80216     		N/A PC Project Support 5,000
    Colorado Blueprint to End Hunger
    1385 South Colordo Blvd
    Denver,CO80222     		N/A PC Project Support 40,000
    Colorado Farm and Food Systems Response Team
    1385 South Colordo Blvd
    Denver,CO80222     		N/A PC Project Support 70,000
    University of Colorado Anschutz
    1800 Grant St Suite 725
    Denver,CO80203     		N/A PC Project Support 30,000
    Urban Peak
    2100 Stout Street
    Denver,CO80205     		N/A PC Project Support 15,000
    Beulah Heritage Preservation League
    PO Box 12
    Beulah,CO81023     		N/A PC Renovation 15,000
    Denver Museum of Miniatures Dolls and Toys
    830 Kipling Street
    Lakewood,CO80215     		N/A PC Building purchase 10,000
    Museum of Friends
    PO Box 506
    Walsenburg,CO81089     		N/A PC Renovation 25,000
    Cleo Parker Robinson Dance
    119 Park Ave W
    Denver,CO802053209     		N/A PC Construction 50,000
    Rocky Mountain Public Media
    2101 Arapahoe Street
    Denver,CO80205     		N/A PC Construction 50,000
    South Park Historical Foundation
    Po Box 634
    Fairplay,CO80440     		N/A PC Renovation 10,000
    Fox Theatre Walsenburg
    715 Main St
    Walsenburg,CO81089     		N/A PC Renovation 50,000
    First Baptist Church of Denver
    1373 Grant Street
    Denver,CO80203     		N/A PC Remodeling 15,000
    Big Green (The)
    1637 Pearl St Ste 201
    Denver,CO80211     		N/A PC Construction 20,000
    Colorado Springs Food Rescue
    917 E Moreno Ave Ste 130
    Colorado Springs,CO80903     		N/A PC Construction 50,000
    Community Resource Center
    789 N Sherman St Ste 210
    Denver,CO80203     		N/A PC Project Support 10,000
    Denver Urban Gardens
    1031 33Rd St Ste 100
    Denver,CO80205     		N/A PC Construction 15,000
    Guidestone Colorado
    PO Box 1056
    Salida,CO81201     		N/A PC Renovation 20,000
    NewFarms
    5856 County Road HH5
    Fowler,CO81039     		N/A PC Construction 35,000
    Montezuma Orchard Restoration Project
    PO Box 1556
    Cortez,CO81321     		N/A PC Land Purchase 45,000
    Sedgwick County
    315 Cedar Street Suite 220
    Julesburg,CO80737     		N/A GOV Renovation 30,000
    Village Exchange Center
    1609 Havana Street
    Aurora,CO80010     		N/A PC Construction 20,000
    BuCu West
    420 Morrison Road Unit 3
    Denver,CO80219     		N/A PC Construction 75,000
    5280 High School
    899 N Broadway
    Denver,CO80203     		N/A PC Remodeling 40,000
    Firefly Autism
    2695 South Jersey Street
    Denver,CO80222     		N/A PC Renovation 40,000
    BookTrails Inc
    68 9Th St
    Steamboat Springs,CO80487     		N/A PC Construction 10,000
    CiviCO
    250 Fillmore Street Suite 225
    Denver,CO80206     		N/A PC Scholarships/Fellowships 40,000
    Empower Community High School
    PO Box 473258
    Aurora,CO80047     		N/A PC Renovation 25,000
    Hart Center for Public Service
    7900 E Dartmouth Avenue 62
    Denver,CO80231     		N/A PC Project Support 30,000
    Healthy Childcare Colorado
    1525 Raleigh Street 5th Floor
    Denver,CO80204     		N/A PC Construction 100,000
    HOPE Center
    3400 Euzabethstreet
    Denver,CO802054244     		N/A PC Construction 10,000
    Pagosa Peak Open School
    135 Country Center Dr Ste F 84
    Pagosa Springs,CO81147     		N/A PC Renovation 50,000
    Ricardo Flores Magon Academy
    5301 Lowell Blvd
    Denver,CO80221     		N/A PC Construction 75,000
    Rocky Mountain Public Media
    2101 Arapahoe Street
    Denver,CO80205     		N/A PC Operating 70,000
    Seasons Schoolhouse Inc
    617 W Virginia Ave
    Gunnison,CO81230     		N/A PC Equipment/furnishings 15,000
    Academy of Advanced Learning
    431 Sable Blvd
    Colorado Springs,CO80920     		N/A PC Construction 30,000
    Wright Stuff Community Foundation
    PO Box 340
    Norwood,CO81423     		N/A PC Construction 10,000
    YMCA of Northern Colorado
    2800 Dagny Way
    Lafayette,CO80026     		N/A PC Construction 20,000
    Central Colorado Conservancy
    Po Box 942
    Salida,CO81201     		N/A PC Land Purchase 50,000
    Colorado Agricultural Leadership Foundation
    Po Box 581
    Castle Rock,CO80104     		N/A PC Land Purchase 50,000
    Colorado Headwaters Land Trust
    Po Box 1938
    Granby,CO80446     		N/A PC Land Purchase 40,000
    Colorado Open Lands
    1546 Cole Blvd 200
    Lakewood,CO80401     		N/A PC Land Purchase 35,000
    Rocky Mountain Elk Foundation
    5705 Grant Creek Rd
    Missoula,MT59808     		N/A PC Land purchase 50,000
    Town of Hot Sulphur Springs
    PO Box 116
    Hot Sulphur Springs,CO80451     		N/A GOV Land Purchase 25,000
    City of La Junta
    PO Box 489
    La Junta,CO81050     		N/A GOV Construction 25,000
    Colorado Fourteeners Initiative
    1600 Jackson Street Suite 205
    Golden,CO80401     		N/A PC Construction 70,000
    Colorado National Monument Association
    1750 Rim Rock Drive
    Fruita,CO81521     		N/A SO I Construction 20,000
    Gunnison County
    200 East Virginia Ave
    Gunnison,CO81230     		N/A GOV Project Support 50,000
    Lake County Public Health Agency
    PO Box 626
    Leadville,CO81003     		N/A GOV Construction 40,000
    Montrose Recreation District
    16350 Woodgate Road
    Montrose,CO81401     		N/A GOV Construction 25,000
    Western Slope Conservation Center
    PO Box 1612
    Paonia,CO81428     		N/A PC Construction 25,000
    North London Mill Preservation Inc
    PO Box 380
    Alma,CO80420     		N/A PC Renovation 25,000
    Town of San Luis
    PO Box 200
    San Luis,CO81152     		N/A GOV Construction 25,000
    Adoption Exchange (The)
    14232 East Evans Avenue
    Aurora,CO80014     		N/A PC Renovation 30,000
    Black Canyon Boys & Girls Club
    PO Box 1907
    Montrose,CO81402     		N/A PC Construction 35,000
    Boys and Girls Clubs of Chaffee County
    PO Box 1430
    Salida,CO81201     		N/A PC Construction 35,000
    Bright Future Foundation for Eagle County
    Po Box 2558
    Avon,CO81620     		N/A PC Construction 20,000
    CASA of the Seventh Judicial District Inc
    Po Box 1708
    Montrose,CO81402     		N/A PC Construction 30,000
    Center for People with Disabilities
    1675 Range St
    Boulder,CO80301     		N/A PC Renovation 20,000
    Bethel Community Center
    62919 Highway 63
    Arriba,CO80804     		N/A PC Renovation 20,000
    City of Pueblo
    200 S Main Street
    Pueblo,CO81003     		N/A GOV Construction 25,000
    Clear Creek County
    405 Argentine Street
    Georgetown,CO80444     		N/A GOV Construction 40,000
    Community Food Bank
    PO Box 3614
    Grand Junction,CO81502     		N/A PC Renovation 30,000
    Community Ministry of Southwest Denver
    1755 South Zuni Street
    Denver,CO80223     		N/A PC Building purchase 40,000
    Denver Santa Claus Shop Inc
    PO Box 102104
    Denver,CO80250     		N/A PC Project Support 15,000
    Goodwill of Colorado
    1460 Garden Of The Gods Rd
    Denver,CO80221     		N/A PC Project Support 45,000
    Faith Family Hospitality of Fort Collins Inc
    PO Box 1765
    Fort Collins,CO80522     		N/A PC Renovation 20,000
    Fund for a Healthier Colorado (The)
    1536 Wynkoop St Ste 224
    Denver,CO80202     		N/A PC Equipment/furnishings 20,000
    South Central Council of Governments
    300 Bonaventure Avenue
    Trinidad,CO81082     		N/A PC Renovation 15,000
    Inner City Health Center
    3800 N York St
    Denver,CO80205     		N/A PC Construction 25,000
    Karis Inc
    Po Box 2837
    Grand Junction,CO81502     		N/A PC Remodeling 20,000
    Mountain Family Health Centers
    2700 Gilstrap Court Suite 100
    Glenwood Springs,CO81601     		N/A PC Construction 40,000
    River Bridge Regional Center
    520 21St St
    Glenwood Springs,CO81601     		N/A PC Renovation 10,000
    Roundup River Ranch
    PO Box 8589
    Avon,CO81620     		N/A PC Endowment 250,000
    Routt County United Way
    PO Box 774005
    Steamboat Springs,CO80477     		N/A PC Renovation 20,000
    Safehouse Progressive Alliance for Nonviolence
    835 North Street
    Boulder,CO80304     		N/A PC Construction 20,000
    SARA House
    PO Box 633
    Fort Morgan,CO80701     		N/A PC Renovation 10,000
    St George's Episcopal Church
    PO Box 243
    Leadville,CO80461     		N/A PC Renovation 50,000
    Stepping Stones of the Roaring Fork Valley Inc
    1010 Garfield Ave
    Carbondale,CO81623     		N/A PC Renovation 20,000
    Town of Bristol Improvements Board
    101 S Labelle Ave
    Bristol,CO81047     		N/A PC Construction 10,000
    YWCA of Boulder County
    2222 14th Street
    Boulder,CO80302     		N/A PC Renovation 25,000
    San Luis Valley Local Foods Coalition
    POBox 181
    Alamosa,CO81101     		N/A PC Project Support 20,000
    Colorado State University
    1036 Campus Delivery
    Fort Collins,CO80523     		N/A PC Project Support 20,000
    Long Beach Public Library Foundation
    200 West Broadway
    Long Beach,CA90802     		N/A PC Construction 25,000
    Rocky Mountain Employee Ownership Center
    3000 Lawrence Street 21
    Denver,CO80205     		N/A PC Project Support 25,000
    NPX Charitable Inc
    3450 Sacramento St 217
    San Francisco,CA94118     		N/A PC Project Support 25,000
    Cate School
    1960 Cate Mesa Drive
    Carpenteria,CA93013     		N/A PC Project Support 25,000
    Denver Public Library
    10 W 14Th Avenue Pkwy
    Denver,CO80204     		N/A PC Renovation 25,000
    Center for Community Wealth Building
    789 N Sherman St Ste 250
    Denver,CO80205     		N/A PC Project Support 30,000
    Rocky Mountain Farmers Union Educational and Charitable Foundation
    7900 East Union Ave Suite 200
    Englewood,CO80237     		N/A PC Project Support 32,500
    Bicycle Colorado
    1525 Market St Ste 100
    Denver,CO80202     		N/A PC Project Support 35,000
    Friends of Ski-Hi Park
    PO Box 751
    Monte Vista,CO81144     		N/A PC Construction 40,000
    Boys & Girls Clubs of Metro Denver
    2017 W 9th Avenue
    Denver,CO80204     		N/A PC Operating 40,000
    Trust For Public Land
    1410 Grant Street Suite D210
    Denver,CO80203     		N/A PC Construction 40,000
    National Wildlife Federation
    303 East 17th Street Suite 15
    Denver,CO80203     		N/A PC Construction 40,000
    Rocky Mountain Microfinance Institute
    1209 W 10Th Ave
    Denver,CO80204     		N/A PC Project Support 50,000
    Colorado Children's Campaign
    1580 N Lincoln St Ste 420
    Denver,CO80203     		N/A PC Project Support 50,000
    RISE Colorado
    1595 Elmira St Suite 201
    Aurora,CO80010     		N/A PC Project Support 50,000
    Colorado Public RadioKCFR
    7409 S Alton Ct
    Centennial,CO80112     		N/A PC Project Support 50,000
    Audubon Rockies
    225 Varick Street 7Th Floor
    Fort Collins,CO80521     		N/A PC Project Support 50,000
    High Country News
    PO Box 1090
    Paonia,CO81428     		N/A PC Project Support 50,000
    Montbello Organizing Committee
    12000 East 47th Ave
    Denver,CO80239     		N/A PC Construction 50,000
    Community Builders
    817 Colorado Ave Suite 200
    Glenwood Springs,CO81601     		N/A PC Project Support 65,000
    Mile High Connects
    3464 Larimer St Unite D
    Denver,CO80205     		N/A PC Project Support 75,000
    Elevation Community Land Trust
    305 Park Ave West Suite B
    Denver,CO80205     		N/A SO I Project Support 75,000
    Rocky Mountain Public Media
    2101 Arapahoe Street
    Denver,CO80205     		N/A PC Construction 75,000
    Teach For America
    25 Broadway 12Th Floor
    Denver,CO80204     		N/A PC Project Support 100,000
    North Platte Valley Medical Center PVHP
    PO Box 549
    Saratoga,WY82331     		N/A PC Project Support 100,000
    Bicycle Colorado
    1525 Market St Ste 100
    Denver,CO80202     		N/A PC Project support 100,000
    Rio Grande Headwaters Land Trust
    PO Box 444
    Del Norte,CO81132     		N/A PC Land purchase 100,000
    Keep it Colorado
    1301 Arapahoe St Ste 105
    Golden,CO80401     		N/A PC Project support 125,000
    Windward Fund - Water Funders Initiative
    1201 Connecticut Ave Nw Ste 300
    Washington,DC20036     		N/A PC Project support 125,000
    Elevation Community Land Trust
    1705 17th St 200
    Denver,CO80202     		N/A SO I Land purchase 175,000
    Palmer Land Trust
    PO Box 1281
    Colorado Springs,CO80901     		N/A PC Land purchase 200,000
    Aurora Public Schools Foundation
    15701 E 1St Ave Ste 206
    Aurora,CO80011     		N/A PC Construction 250,000
    Cardigan Mountain School
    62 Alumni Dr
    Canaan,NH037417210     		N/A PC Endowment 250,000
    Rose Community Foundation
    4500 Cherry Creek Drive South
    Denver,CO80246     		N/A PC Project support 367,772
    Thacher School
    5025 Thacher Road
    Ojai,CA93023     		N/A PC Project support 500,000
    Swaner Preserve and EcoCenter
    1258 Center Drive
    Park City,UT84098     		N/A PC Endowment 500,000
    National Western Stock Show
    4655 Humboldt St
    Denver,CO80216     		N/A PC Construction 500,000
    Children's Hospital Foundation
    Box 045
    Aurora,CO80045     		N/A PC Research 750,000
    Cardigan Mountain School
    62 Alumni Dr
    Canaan,NH037417210     		N/A PC Project support 1,000,000
    University of Denver
    2190 E Asbury Avenue
    Denver,CO80208     		N/A PC Project support 2,800,000
    Total .................................bullet 3a 21,729,270
    bApproved for future payment
    Cate School
    1960 Cate Mesa Drive
    Carpenteria,CA93013     		N/A PC Project Support 75,000
    Aurora Public Schools Foundation
    15701 E 1St Ave Ste 206
    Aurora,CO80011     		N/A PC Construction 250,000
    Cardigan Mountain School
    62 Alumni Dr
    Canaan,NH037417210     		N/A PC Endowment 500,000
    Cardigan Mountain School
    62 Alumni Dr
    Canaan,NH037417210     		N/A PC Project Support 2,500,000
    Thacher School
    5025 Thacher Road
    Ojai,CA93023     		N/A PC Project Support 500,000
    National Forest Foundation
    390 Union Blvd Suite 400
    Denver,CO80228     		N/A PC Project support 50,000
    Swaner Preserve and EcoCenter
    1258 Center Drive
    Park City,UT84098     		N/A PC Endowment 500,000
    University of Denver
    2190 E Asbury Avenue
    Denver,CO80208     		N/A PC Project support 5,600,000
    National Western Stock Show
    4655 Humboldt St
    Denver,CO80216     		N/A PC Construction 500,000
    Children's Hospital Foundation
    13123 East 16th Ave
    Aurora,CO80045     		N/A PC Research 1,500,000
    Gates Biomanufacturing Facility Support Foundation
    12635 East Montview Blvd Suite 380
    Aurora,CO80045     		N/A POF Project Support 2,250,000
    North Platte Valley Medical Center PVHP
    PO Box 549
    Saratoga,WY82331     		N/A PC Project Support 100,000
    Gates Center for Regenerative Medicine
    13001 East 17th Place
    Aurora,CO80045     		N/A PC Project Support 18,500,000
    Long Beach Public Library Foundation
    200 West Broadway
    Long Beach,CA90802     		N/A PC Construction 25,000
    Bicycle Colorado
    1525 Market St Ste 100
    Denver,CO80202     		N/A PC Project Support 125,000
    Bicycle Colorado
    1525 Market St Ste 100
    Denver,CO80202     		N/A PC Project Support 35,000
    Mile High Connects
    3464 Larimer St Unite D
    Denver,CO80205     		N/A PC Project Support 75,000
    Center for Community Wealth Building
    789 N Sherman St Ste 250
    Denver,CO80205     		N/A PC Project Support 70,000
    Community Builders
    817 Colorado Ave Suite 200
    Glenwood Springs,CO81601     		N/A PC Project Support 95,000
    High Country News
    PO Box 1090
    Paonia,CO81428     		N/A PC Project Support 100,000
    NPX Charitable Inc
    3450 Sacramento St 217
    San Francisco,CA94118     		N/A PC Project Support 25,000
    Rocky Mountain Employee Ownership Center
    3000 Lawrence Street 21
    Denver,CO80205     		N/A PC Project Support 25,000
    Rocky Mountain Farmers Union Educational and Charitable Foundation
    7900 East Union Ave Suite 200
    Englewood,CO80237     		N/A PC Project Support 32,500
    Rocky Mountain Microfinance Institute
    1209 W 10Th Ave
    Denver,CO80204     		N/A PC Project Support 50,000
    San Luis Valley Local Foods Coalition
    POBox 181
    Alamosa,CO81101     		N/A PC Project Support 20,000
    Elevation Community Land Trust
    305 Park Ave West Suite B
    Denver,CO80205     		N/A SO I Project Support 150,000
    America Succeeds
    1390 Lawrence Street Suite 200
    Denver,CO80204     		N/A PC Operating 540,000
    Colorado Charter Facility Solutions
    1390 Lawrence St Ste 200
    Denver,CO80204     		N/A PC Project Support 100,000
    Colorado Children's Campaign
    1580 N Lincoln St Ste 420
    Denver,CO80203     		N/A PC Project Support 50,000
    Colorado Youth Congress
    6001 W 16Th Ave
    Lakewood,CO80214     		N/A POF Project Support 50,000
    Keystone Policy Center
    1628 Saint John Rd
    Keystone,CO804357714     		N/A PC Project Support 25,000
    RISE Colorado
    1595 Elmira St Suite 201
    Aurora,CO80010     		N/A PC Project Support 50,000
    RootED
    1390 Lawrence St Ste 200
    Denver,CO80204     		N/A PC Project Support 400,000
    Teach For America
    25 Broadway 12Th Floor
    Denver,CO80204     		N/A PC Project Support 75,000
    Colorado Media Project
    2155 East Wesley Avenue
    Denver,CO80208     		N/A PC Project Support 25,000
    Colorado Public RadioKCFR
    7409 S Alton Ct
    Centennial,CO80112     		N/A PC Project Support 50,000
    Rose Community Foundation
    4500 Cherry Creek Drive South
    Denver,CO80246     		N/A PC Project Support 300,000
    Keep it Colorado
    1301 Arapahoe St Ste 105
    Golden,CO80401     		N/A PC Project Support 125,000
    Colorado State Conservation Board
    305 Interlocken Parkway
    Broomfield,CO80021     		N/A GOV Project Support 125,000
    Colorado State University
    1036 Campus Delivery
    Fort Collins,CO80523     		N/A PC Project Support 130,000
    Montezuma Land Conservancy
    Po Box 1522
    Cortez,CO81321     		N/A PC Project Support 158,000
    Mountain Studies Institute
    Po Box 426
    Durango,CO81301     		N/A PC Project Support 27,500
    Audubon Rockies
    225 Varick Street 7Th Floor
    Fort Collins,CO80521     		N/A PC Project Support 50,000
    National Fish and Wildlife Foundation
    1875 Lawrence Street Suite 320
    Denver,CO80202     		N/A PC Project Support 225,000
    Rio Grande Headwaters Land Trust
    PO Box 444
    Del Norte,CO81132     		N/A PC Land Purchase 1,900,000
    Trout UnlimitedColorado Council
    1777 N Kent St Ste 100
    Arlington,VA22209     		N/A PC Project Support 250,000
    Palmer Land Trust
    PO Box 1281
    Colorado Springs,CO80901     		N/A PC Land Purchase 2,800,000
    Windward Fund - Water Funders Initiative
    1201 Connecticut Ave Nw Ste 300
    Washington,DC20036     		N/A PC Project Support 150,000
    Denver Public Library
    10 W 14Th Avenue Pkwy
    Denver,CO80204     		N/A PC Renovation 125,000
    Friends of the La Veta Library Inc
    PO Box 441
    La Veta,CO81055     		N/A PC Unrestricted 25,000
    Grand Mesa Arts & Events Center
    PO Box 583
    Cedaredge,CO814133338     		N/A PC Building purchase 30,000
    EUREKA McConnell Science Museum
    1400 N 7th St
    Grand Junction,CO81501     		N/A PC Construction 25,000
    Rocky Mountain Public Media
    2101 Arapahoe Street
    Denver,CO80205     		N/A PC Construction 200,000
    Rocky Mountain Public Media
    2101 Arapahoe Street
    Denver,CO80205     		N/A PC Project Support 100,000
    Swallow Hill Music Association
    71 East Yale Ave
    Denver,CO80210     		N/A PC Renovation 25,000
    Artspace Projects Inc
    250 3Rd Ave N Ste 400
    Minneapolis,MN55401     		N/A PC Construction 75,000
    El Alba LLC
    1797 Geneva St 1521 Dayton Street
    Aurora,CO80010     		N/A EOF Construction 55,000
    Heartbeat Denver Inc
    1660 Sherman Street
    Denver,CO80203     		N/A PC Renovation 40,000
    Montbello Organizing Committee
    12000 East 47th Ave
    Denver,CO80239     		N/A PC Construction 100,000
    Friends of Ski-Hi Park
    PO Box 751
    Monte Vista,CO81144     		N/A PC Construction 40,000
    NPX Charitable Inc
    3450 Sacramento St 217
    San Francisco,CA94118     		N/A PC Project Support 50,000
    RiNo Gives Back
    3525 Walnut Street 40
    Denver,CO80205     		N/A PC Renovation 35,000
    Elevation Community Land Trust
    1705 17th St 200
    Denver,CO80202     		N/A SO I Land Purchase 350,000
    National Western Stock Show
    4655 Humboldt St
    Denver,CO80216     		N/A PC Construction 150,000
    Aurora Public Schools Foundation
    15701 E 1St Ave Ste 206
    Aurora,CO80011     		N/A PC Construction 750,000
    Clayton Early Learning
    3801 Martin Luther King Blvd
    Denver,CO80205     		N/A PC Unrestricted 125,000
    Colorado College
    14 East Cache La Poudre Street
    Colorado Springs,CO80903     		N/A PC Construction 100,000
    Junior Achievement-Rocky Mountain
    1445 Market Suite 200
    Denver,CO802021716     		N/A PC Construction 50,000
    Lighthouse Writers Workshop Inc
    1515 Race Street
    Denver,CO80206     		N/A PC Construction 60,000
    National Wildlife Federation
    303 East 17th Street Suite 15
    Denver,CO80203     		N/A PC Construction 80,000
    Harvard University John F Kennedy School of Government
    PO Box 415649
    Cambridge,MA021385366     		N/A PC Scholarships/Fellowships 223,400
    Crested Butte Land Trust
    Po Box 2224
    Crested Butte,CO81224     		N/A PC Unrestricted 100,000
    Wildlands Restoration Volunteers
    2100 Collyer Streeet
    Longmont,CO80501     		N/A PC Renovation 25,000
    High Line Canal Conservancy
    915 S Pearl St
    Denver,CO80209     		N/A PC Construction 700,000
    Park People
    1510 S Grant St
    Denver,CO80210     		N/A PC Endowment 43,000
    Trust For Public Land
    1410 Grant Street Suite D210
    Denver,CO80203     		N/A PC Construction 45,000
    Boys & Girls Clubs of Metro Denver
    2017 W 9th Avenue
    Denver,CO80204     		N/A PC Operating 40,000
    Judi's House
    1741 Gaylord St
    Denver,CO80206     		N/A PC Building purchase 50,000
    Project Worthmore
    1666 Elmira Street
    Aurora,CO80010     		N/A PC Building purchase 20,000
    Springboard Child Care
    1931 South Xenia Court
    Denver,CO80231     		N/A PC Renovation 20,000
    Veterans Community Project
    8900 Troost Ave
    Kansas City,MO64131     		N/A PC Construction 25,000
    Total .................................bullet 3b 45,139,400
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 17,808  
    4 Dividends and interest from securities....     14 2,311,155  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income..... 523000 864,375 14 1,991,831  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		523000 331,388 18 21,137,326  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 1,195,763 25,458,120 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    26,653,883
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Opera SteamboatPO Box 775576
    Steamboat Springs,CO804775576     		N/A PC Unrestricted 15,000
    Steamboat Art MuseumPO Box 883434
    Steamboat Springs,CO80488     		N/A PC Unrestricted 15,000
    Strings Music FestivalPO Box 774627
    Steamboat Springs,CO80477     		N/A PC Unrestricted 20,000
    Tread of Pioneers Historical CommissionPO Box 772372
    Steamboat Springs,CO80477     		N/A PC Unrestricted 25,000
    Colorado State University410 University Services Center 1680
    Campus Deliver
    Fort Collins,CO80552     		N/A PC Scholarship/fellowships 50,000
    Mountain Village Montessori SchoolPO Box 883141
    Steamboat Springs,CO80488     		N/A PC Project Support 20,000
    St Benedict at Auburndale High School8250 Varnavas Drive
    Cordova,TN38016     		N/A PC Scholarships/Fellowships 18,000
    Colorado Agricultural Leadership FoundationPo Box 581
    Castle Rock,CO80104     		N/A PC Unrestricted 10,000
    Mogollon Sporting AssociationPO Box 1662
    Payson,AZ85547     		N/A PC Unrestricted 4,272
    American Foreign Policy Council509 C St NE
    Washington,DC200025809     		N/A PC Unrestricted 10,000
    Arise Rwanda Ministries8333 SE Stark Street
    Portland,OR97216     		N/A PC Unrestricted 5,000
    Arizona Wild Rescue908 South Rodeo Drive
    Payson,AZ855415212     		N/A PC Unrestricted 5,000
    Born Free Wildlife RehabilitationPO Box 772096
    Steamboat Springs,CO80477     		N/A PC Unrestricted 25,544
    Denver Dumb Friends League2080 South Quebec Street
    Denver,CO80231     		N/A PC Project Support 13,544
    Integrated Community443 Oak Street
    Steamboat Springs,CO80487     		N/A PC Unrestricted 15,000
    Routt County Search and RescuePO Box 772837
    Steamboat Springs,CO80477     		N/A PC Unrestricted 15,000
    Tonto Rim Search and Rescue SquadPO Box 357
    Pine,AZ85544     		N/A PC Unrestricted 10,000
    Steamboat Health and Recreation Association IncPO Box 771211
    Steamboat Springs,CO80477     		N/A PC Unrestricted 15,000
    Yampa River Botanical Park CO YVCFPO Box 881869
    Steamboat Springs,CO80477     		N/A PC Project Support 15,000
    Camp Kesem10586 W Pico Blvd 196
    Los Angeles,CA90064     		N/A PC Project Support 20,000
    Colorado West Mental Health CenterPO Box 774706
    Steamboat Springs,CO80477     		N/A PC Project Support 25,000
    Dueker Ranch815 South Rochester
    Mesa,AZ85206     		N/A PC Unrestricted 25,000
    Rim Country Rotary FoundationPO Box 703
    Payson,AZ85547     		N/A PC Unrestricted 4,272
    There With Care2401 South Colorado Blvd Suite A
    Denver,CO80222     		N/A PC Unrestricted 10,000
    Gates Center for Regenerative Medicine13001 East 17th Place
    Aurora,CO80045     		N/A PC Research 70,000
    Yampa Valley Autism ProgramPO Box 771824
    Steamboat Springs,CO80477     		N/A PC Unrestricted 20,000
    Museum of Contemporary Art1485 Delgany Street
    Denver,CO80202     		N/A PC Unrestricted 50,734
    Museum of Glass1801 Dock Street
    Tacoma,WA984023217     		N/A PC Unrestricted 5,000
    Pratt Fine Arts Center1902 South Main Street
    Seattle,WA98144     		N/A PC Unrestricted 5,000
    Asbury Elementary School1320 East Asbury Ave
    Denver,CO80210     		N/A GOV Unrestricted 11,641
    Colorado Academy3800 South Pierce Street
    Denver,CO80235     		N/A PC Unrestricted 5,000
    Graland Country Day School55 Clermont Street
    Denver,CO802205600     		N/A PC Project Support 8,576
    Pilchuck Glass School240 2nd Ave S Suite 100
    Seattle,WA98104     		N/A PC Project Support 14,706
    Aviation Hall of Fame1100 Spaatz St
    Dayton,OH45433     		N/A PC Operating 50,000
    Gates Biomanufacturing Facility Support Foundation12800 East 19th Avenue Room 8119
    Aurora,CO80045     		N/A POF Equipment/furnishings 175,000
    Gates Center for Regenerative Medicine13001 East 17th Place
    Aurora,CO80045     		N/A PC Operating 1,200,000
    Gates Center for Regenerative Medicine1800 Grant St Suite 725
    Denver,CO80203     		N/A PC Research 1,000,000
    Gates Grubstake Fund13001 East 17th Place
    Aurora,CO80045     		N/A PC Project Support 1,200,000
    Taos County Economic Development CorpPO Box 1389
    Taos,NM87571     		N/A PC Unrestricted 10,000
    Birds of Prey Rehabilitation Foundation2290 South 104th Street
    Broomfield,CO80020     		N/A PC Unrestricted 10,000
    Central Florida Animal Reserve500 Broussard Road
    St Cloud,FL34773     		N/A PC Unrestricted 10,000
    Denver Dumb Friends League2080 South Quebec Street
    Denver,CO80231     		N/A PC Unrestricted 10,000
    Dogs for Life Inc1230 16th Ave
    Vero Beach,FL32960     		N/A PC Unrestricted 10,000
    Prevent Unwanted Pets1884 Bostik Road
    Cat Spring,TX78933     		N/A PC Unrestricted 10,000
    Save the ChimpsPO Box 12220
    Ft Pearce,FL34979     		N/A PC Unrestricted 10,000
    Turpentine Creek Wildlife Refuge239 Turpentine Creek Lane
    Eureka Springs,AR72632     		N/A PC Unrestricted 10,000
    Austin County Peace Officers Association201 Atchison Street
    Sealy,TX77474     		N/A PC Unrestricted 5,000
    Cat Spring Volunteer Fire DepartmentPO Box 38
    Cat Spring,TX78933     		N/A PC Unrestricted 10,000
    Dreamtree Project IncPO Box 1677
    Taos,NM87571     		N/A PC Unrestricted 6,000
    H O A Inc of Austin County915 Frydek Road
    Sealy,TX77474     		N/A PC Unrestricted 10,000
    La Puente HomeP O Box 1235
    Alamosa,CO81101     		N/A PC Project Support 10,000
    Rancho Los Cerritos Foundation4600 Virginia Road
    Long Beach,CA90807     		N/A PC Project Support 25,000
    Rancho Los Cerritos Foundation4600 Virginia Road
    Long Beach,CA90807     		N/A PC Project Support 25,000
    Long Beach Rotary Charitable Foundation400 Oceangate Suite 470
    Long Beach,CA90802     		N/A PC Project Support 10,000
    Punahou School1601 Punahou Street
    Honolulu,HI96822     		N/A PC Scholarships/Fellowships 25,000
    Aquarium of the Pacific320 Golden Shore Suite 350
    Long Beach,CA90802     		N/A PC Project Support 25,000
    CSULB 49er Foundation6300 East State University Drive
    Suite 324
    Long Beach,CA90815     		N/A PC Scholarships/Fellowships 20,000
    A New Way of LifePO Box 875288
    Los Angeles,CA90087     		N/A PC Project Support 25,000
    Assistance League of Long Beach6220 East Spring Street
    Long Beach,CA908151422     		N/A PC Project Support 10,000
    Child Guidance Center525 Cabrillo Park Drive Suite 300
    Santa Ana,CA92701     		N/A PC Project Support 10,000
    Children Today2951 Long Beach Blvd
    Long Beach,CA90806     		N/A PC Project Support 25,000
    Long Beach Bar Foundation Inc3515 Linden Ave
    Long Beach,CA90807     		N/A PC Project Support 10,000
    Long Beach BLAST4201 Long Beach Blvd Suite 201
    Long Beach,CA90807     		N/A PC Project Support 10,000
    Long Beach Community Foundation400 Oceangate Suite 800
    Long Beach,CA90802     		N/A PC Project Support 50,000
    Memorial Medical Center Foundation2801 Atlantic Ave
    Long Beach,CA90806     		N/A PC Project Support 25,000
    Ronald McDonald House of Long Beach500 E 27th Street
    Long Beach,CA90806     		N/A PC Project Support 25,000
    Gates Center for Regenerative Medicine13001 East 17th Place Suite WG112
    Aurora,CO80045     		N/A PC Project Support 10,000
    WomenShelter of Long BeachPO Box 17098
    Long Beach,CA90807     		N/A PC Project Support 25,000
    YMCA of Greater Long Beach3605 Long Beach Blvd Suite 210
    Long Beach,CA90807     		N/A PC Project Support 25,000
    YMCA of Greater Long Beach3605 Long Beach Blvd Suite 210
    Long Beach,CA90807     		N/A PC Project Support 25,000
    Bishop Museum1525 Bernice Street
    Honolulu,HI96817     		N/A PC Unrestricted 5,000
    Iolani PalacePO Box 2259
    Honolulu,HI968042259     		N/A PC Unrestricted 10,000
    Hawaii Public Radio738 Kaheka Street
    Honolulu,HI96814     		N/A PC Unrestricted 10,000
    Hawaiian Mission Houses553 South King Street
    Honolulu,HI96813     		N/A PC Unrestricted 5,000
    Kona Historical SocietyPO Box 398
    Captain Cook,HI96704     		N/A PC Unrestricted 5,000
    Parker School65-1224 Lindsey Road
    Kamuela,HI96743     		N/A PC Scholarships/Fellowships 10,000
    Parker School65-1224 Lindsey Road
    Kamuela,HI96743     		N/A PC Unrestricted 25,000
    Punahou School1601 Punahou Street
    Honolulu,HI96822     		N/A PC Scholarships/Fellowships 25,000
    Hawaii Community Foundation827 Fort Street Mall
    Honolulu,HI96813     		N/A PC Project Support 15,000
    Hawaiian Islands Land Trust126 Queen Street Suite 306
    Honolulu,HI96813     		N/A PC Unrestricted 5,000
    Island Conservation2100 Delaware Ave Suite 1
    Santa Cruz,CA95060     		N/A PC Unrestricted 10,000
    Kohala Center IncPO Box 437462
    Kamuela,HI96743     		N/A PC Unrestricted 5,000
    The Nature Conservancy923 Nuuanu Ave
    Honolulu,HI96817     		N/A PC Unrestricted 50,000
    Waimea Outdoor CirclePO Box 6144
    Kamuela,HI96743     		N/A PC Project Support 10,000
    World Wildlife Fund Inc1250 24th St NW
    Washington,DC20037     		N/A PC Project Support 20,000
    Hawaii Wildlife CenterPO Box 551752
    Kapaau,HI96755     		N/A PC Unrestricted 7,500
    American Red Cross of Hawaii4155 Diamond Head Road
    Honolulu,HI96816     		N/A PC Project Support 20,000
    Daniel Robert Sayre Memorial FoundationPO Box 1285
    KailuaKona,HI96745     		N/A PC Project Support 20,000
    Friends of the FuturePO Box 2655
    Kamuela,HI96743     		N/A PC Unrestricted 5,000
    North Hawaii Hospice Inc65-1328 Kawaihae Road
    Kamuela,HI96743     		N/A PC Unrestricted 10,000
    Rehabilitation Hospital of the Pacific Foundation226 N Kuakini St
    Honolulu,HI96817     		N/A PC Unrestricted 10,000
    Ronald McDonald Charities of HawaiiPO Box 61777
    Honolulu,HI968391777     		N/A PC Unrestricted 5,000
    Food Basket Inc (The)40 Holomua Street
    Hilo,HI96720     		N/A PC Project Support 10,000
    Gates Center for Regenerative Medicine13001 East 17th Place
    Aurora,CO80045     		N/A PC Project Support 42,745
    Filmmakers Collaborative Inc6 Eastman Place Suite 202
    Melrose,MA02176     		N/A PC Project Support 4,488
    Stanford Hospital Health Library211 Quarry Road Suite 201-M/C 5991
    Palo Alto,CA94301     		N/A PC Unrestricted 5,000
    Aleph Academy1175 West Moana Lane
    Reno,NV89509     		N/A PC Unrestricted 5,000
    Brookfield School6800 South McCarran Blvd
    Reno,NV89509     		N/A PC Unrestricted 5,000
    Highland Park High School Parent Teacher Association4220 Emerson Ave
    Dallas,TX75205     		N/A PC Project Support 7,496
    Highland Park Education Foundation4201 Grassmere Lane
    Dallas,TX75205     		N/A PC Project Support 20,000
    HopeAustin13809 Research Blvd Suite 810
    Austin,TX78750     		N/A PC Unrestricted 15,000
    International School of Texas4402 Hudson Bend Road
    Austin,TX78734     		N/A PC Unrestricted 10,000
    La Fiesta de las Seis BanderasPO Box 289
    Dallas,TX75205     		N/A PC Unrestricted 2,000
    McCulloch Intermediate School Parent Teachers Association3555 Granada Ave
    Dallas,TX75205     		N/A PC Project Support 2,000
    Peninsula Open Space Trust222 High Street
    Palo Alto,CA94301     		N/A PC Unrestricted 10,000
    Amnesty International USA5 Penn Plaza 16th Floor
    New York,NY10001     		N/A PC Unrestricted 5,000
    Hoover Institution434 Galvez Mall
    Stanford,CA943056010     		N/A PC Unrestricted 10,000
    Biggest Little Trail StewardshipPO Box 9222
    Reno,NV89507     		N/A PC Unrestricted 6,996
    Sierra Buttes Trail Stewardship550 Crescent Street
    Quincy,CA95971     		N/A PC Unrestricted 2,500
    Tahoe Area Mountain Bike AssociationPO Box 13712
    South Lake Tahoe,CA96151     		N/A PC Project Support 6,000
    Tahoe Rim Trail AssociationPO Box 3267
    Stateline,NV89449     		N/A PC Unrestricted 6,000
    American Red Cross of Hawaii4155 Diamond Head Road
    Honolulu,HI96816     		N/A PC Unrestricted 10,000
    Angel Charity for Children IncPO Box 14225
    Tucson,AZ85732     		N/A PC Unrestricted 30,000
    Community Foundation for Southern Arizona6420 East Broadway Blvd Suite A100
    Tucson,AZ85710     		N/A PC Unrestricted 10,000
    Doctors Without Borders40 Rector Street 16 Floor
    New York,NY10006     		N/A PC Unrestricted 5,000
    Healing Arizona Veterans7598 North La Cholla Blvd
    Tucson,AZ85741     		N/A PC Unrestricted 10,000
    Mad in America763 Massachusetts Ave
    Cambridge,MA02139     		N/A PC Unrestricted 25,000
    Mo Ranch2229 FM 1340
    Hunt,TX780243037     		N/A PC Unrestricted 6,496
    Southern Arizona Law Enforcement Foundation Inc7660 E Broadway Suite 205
    Tucson,AZ85710     		N/A PC Unrestricted 30,488
    Sove Lavi401 North Carroll Ave Suite 124
    Southlake,TX76092     		N/A PC Unrestricted 5,000
    Spreading Threads Clothing Bank5435 North Desert Saguaro Ct
    Tucson,AZ85745     		N/A PC Unrestricted 3,000
    St Anthony Foundation150 Golden Gate Ave
    San Francisco,CA94102     		N/A PC Project Support 2,500
    TRAK Tucson3250 East Allen Road
    Tucson,AZ85718     		N/A PC Unrestricted 15,000
    St Anthony Padua Dining Room3500 Middlefield Rd
    Menlo Park,CA94025     		N/A PC Project Support 2,500
    Colorado Office of Economic Development and International Trade1600 Broadway Suite 2500
    Denver,CO80202     		N/A GOV Project Support 50,000
    Alliance for Sustainable Colorado1536 Wynkoop St Ste 100
    Denver,CO80202     		N/A PC Project Support 15,000
    Artspace Projects Inc250 3Rd Ave N Ste 400
    Minneapolis,MN55401     		N/A PC Project Support 50,000
    DreamSpring2000 Zearling Ave NW
    Albuquerque,NM87104     		N/A PC Project Support 50,000
    The Fax Partnership6740 East Colfax Ave
    Denver,CO80220     		N/A PC Project Support 30,000
    El LaboratorioPO Box 11463
    Denver,CO81003     		N/A PC Project support 25,000
    Mi Casa Resource Center345 S Grove St
    Denver,CO802192827     		N/A PC Project Support 30,000
    Montezuma Orchard Restoration ProjectPO Box 1556
    Cortez,CO81321     		N/A PC Project Support 20,000
    Redline Contemporary Art Center2350 Arapahoe Street
    Denver,CO80205     		N/A PC Project Support 20,000
    Solar Energy International39845 Matthews Land
    Paonia,CO81428     		N/A PC Project Support 15,000
    West Colfax Business Improvement District3275 West 14th Ave 202
    Denver,CO80204     		N/A GOV Project Support 30,000
    Chalkbeat1239 Broadway Suite 703B
    New York,NY10001     		N/A PC Operating 75,000
    Colorado Children's Campaign1580 N Lincoln St Ste 420
    Denver,CO80203     		N/A PC Project Support 25,000
    Colorado League of Charter Schools2696 South Colorado Blvd Suite 250
    Denver,CO80222     		N/A PC Project Support 30,000
    A Colorado1390 Lawrence Street Suite 200
    Denver,CO80204     		N/A PC Project support 60,000
    Trendlines789 Sherman Street Suite 250
    Denver,CO80203     		N/A PC Project Support 40,000
    Colorado Succeeds1390 Lawrence St Suite 200
    Denver,CO80204     		N/A PC Project Support 60,000
    Colorado Youth Congress6001 W 16Th Ave
    Lakewood,CO80214     		N/A POF Project Support 50,000
    Education Reform Now1390 Lawrence Street Suite 200
    Denver,CO80204     		N/A PC Project Support 60,000
    Canon City School District101 North 14th Street
    Canon City,CO81212     		N/A GOV Project Support 50,000
    Generation Schools455 Sherman St Suite 120
    Denver,CO80203     		N/A PC Project Support 30,000
    Keystone Policy Center1628 Saint John Rd
    Keystone,CO804357714     		N/A PC Project Support 100,000
    Lyra1390 Lawrence Street Suite 400
    Denver,CO80204     		N/A PC Project Support 125,000
    Lyra1390 Lawrence Street Suite 400
    Denver,CO80204     		N/A PC Project Support 25,000
    Moonshot edVentures3840 N York Street Suite 145
    Denver,CO80205     		N/A PC Project Support 60,000
    National Council on Teacher Quality1032 15th Street NW 242
    Washington,DC20005     		N/A PC Project Support 25,000
    Oxford Teachers Academy537 Taylor Ave
    Alameda,CA94501     		N/A SO I Project Support 50,000
    RootED1390 Lawrence St Ste 200
    Denver,CO80204     		N/A PC Project Support 500,000
    Colorado Education Organizing Funder Collaborative (CEO)4500 Cherry Creek Drive South
    Denver,CO80246     		N/A PC Operating 60,000
    Valley Settlement520 S Third Street Suite 9
    Carbondale,CO81623     		N/A PC Project Support 40,000
    The Wildflower Foundation1330 Lagoon Ave 4th Floor
    Minneapolis,MN55408     		N/A PC Project Support 40,000
    Colorado Cattlemen's Agricultural Land Trust8833 Ralston Road
    Arvada,CO80002     		N/A PC Operating 35,000
    Colorado Cattlemen's Association8833 Ralston Road
    Arvada,CO80002     		N/A SO I Project Support 60,000
    Colorado Forum Fund511 16th Street Suite 210
    Denver,CO80202     		N/A PC Project Support 13,500
    Colorado Water Trust1420 Ogden Street Suite A2
    Denver,CO80218     		N/A PC Project Support 100,000
    Crested Butte Land TrustPo Box 2224
    Crested Butte,CO81224     		N/A PC Project Support 80,000
    Environmental Defense Fund257 Park Ave South
    New York,NY10010     		N/A PC Project Support 100,000
    Montezuma Land ConservancyPo Box 1522
    Cortez,CO81321     		N/A PC Project Support 63,000
    National Fish and Wildlife Foundation1875 Lawrence Street Suite 320
    Denver,CO80202     		N/A PC Project Support 250,000
    National Wild Turkey FederationPO Box 530
    Edgefeld,SC29824     		N/A PC Project Support 120,000
    Quivira Coalition1413 2Nd St Ste 1
    Santa Fe,NM875053435     		N/A PC Project Support 50,000
    Rio Grande Headwaters Land TrustPO Box 444
    Del Norte,CO81132     		N/A PC Land Purchase 305,000
    Conservation Fund1942 Broadway Suite 323
    Boulder,CO80302     		N/A PC Project Support 75,000
    Theodore Roosevelt Conservation Partnership529 14th Street NW Suite 500
    Washington,DC20045     		N/A PC Project Support 75,000
    New Voice Strategies3980 Broadway 176
    Boulder,CO80304     		N/A PC Convening 2,500
    Alamosa School District209 Victoria Ave
    Alamosa,CO81101     		N/A GOV Project Support 5,000
    Archuleta School District #50 JtPO Box 1498
    Pagosa Springs,CO81147     		N/A GOV Project Support 3,500
    Care and Share Food Bank for Southern Colorado2605 Preamble Point
    Colorado Springs,CO80915     		N/A PC Project Support 25,000
    Center for African American Health3305 Hudson Street
    Denver,CO80207     		N/A PC Project Support 10,000
    Character Based Small Business Lending Fund1441 18th Street Suite 150
    Denver,CO80202     		N/A PC Project Support 25,000
    Chinook Fund1031 33rd Street
    Denver,CO80205     		N/A PC Project Support 20,000
    Colorado Hospitals for a Healthy Environment7335 E Orchard Road Suite 100
    Greenwood Village,CO80111     		N/A PC Project Support 40,000
    Colorado Coalition for the Homeless2111 Champa Street
    Denver,CO80205     		N/A PC Project Support 50,000
    Keep it Colorado1301 Arapahoe St Ste 105
    Golden,CO80401     		N/A PC Technical Assistance 50,000
    Colorado Housing and Finance Authority1981 Blake Street
    Denver,CO802021272     		N/A GOV Project Support 100,000
    Colorado Education Initiative (The)600 17th Street Suite 1400N
    Denver,CO80202     		N/A PC Project Support 50,000
    Center for Community Wealth Building789 N Sherman St Ste 250
    Denver,CO80205     		N/A PC Project Support 25,000
    Colorado Succeeds1390 Lawrence St Suite 200
    Denver,CO80204     		N/A PC Project Support 10,000
    Pine River SharesPO Box 993
    Bayfield,CO81122     		N/A PC Project support 5,000
    Companeros701 Camino del Rio Suite 319
    Durango,CO81301     		N/A PC Project Support 10,000
    Cotopaxi School District RE-3PO Box 385
    Cotopaxi,CO81223     		N/A GOV Project Support 2,000
    Delores Project (The)PO Box 1406
    Denver,CO80201     		N/A PC Project Support 5,000
    Denver Food RescuePO Box 18370
    Denver,CO80218     		N/A PC Project Support 15,000
    Denver Foundation1009 North Grant Street
    Denver,CO80203     		N/A PC Project Support 100,000
    Denver Foundation1009 North Grant Street
    Denver,CO80203     		N/A PC XXX 70,000
    DreamSpring2000 Zearling Ave NW
    Albuquerque,NM87104     		N/A PC Project Support 50,000
    Powerhouse (The)1333 Camino Del Rio
    Durango,CO81301     		N/A PC Operating 7,500
    Enterprise Community Partners Inc11000 Broken Land Parkway Suite 700
    Columbia,MD21044     		N/A PC Project support 40,000
    Family Resource Center Association Inc2543 California Street
    Denver,CO80205     		N/A PC Project Support 45,000
    First Southwest Community FundPo Box 1139
    Alamosa,CO811011139     		N/A PC Program-related Investment 50,000
    Food Bank of the Rockies10700 E 45th Avenue
    Denver,CO802393007     		N/A PC Project Support 25,000
    Sistahbiz20340 East 40th Ave
    Denver,CO80249     		N/A PC Project Support 25,000
    Fremont RE-2 School District403 West 5th Street
    Florence,CO81226     		N/A GOV Project Support 2,500
    Canon City School District101 North 14th Street
    Canon City,CO81212     		N/A GOV Project Support 5,000
    Impact Charitable1536 Wynkoop Street Suite 223
    Denver,CO80202     		N/A PC Project Support 20,000
    Keystone Policy Center1628 Saint John Rd
    Keystone,CO804357714     		N/A PC Project Support 40,000
    La Puente HomeP O Box 1235
    Alamosa,CO81101     		N/A PC Project Support 22,000
    Lake County School District R-1107 Spruce Street
    Leadville,CO80461     		N/A GOV Project Support 3,000
    Latino Community Foundation of Colorado2250 South Oneida Street Suite 102
    Denver,CO80224     		N/A PC Project Support 25,000
    LiveWell Colorado1490 Lafayette Street Suite 404
    Denver,CO80218     		N/A PC Project Support 10,000
    Lyra1390 Lawrence Street Suite 400
    Denver,CO80204     		N/A PC Project Support 27,500
    Mile High United Way711 Park Avenue West
    Denver,CO80205     		N/A PC Project Support 275,000
    Philanthropy Colorado600 South Cherry Street Suite 1200
    Denver,CO80246     		N/A PC Project Support 10,000
    ReVision3800 Morrison Road
    Denver,CO80219     		N/A PC Project Support 5,000
    Rio Grande Headwaters Land TrustPO Box 444
    Del Norte,CO81132     		N/A PC Project Support 10,000
    RISE Colorado1595 Elmira St Suite 201
    Aurora,CO80010     		N/A PC Project Support 8,000
    RISE Colorado1595 Elmira St Suite 201
    Aurora,CO80010     		N/A PC Project Support 10,000
    Main Street Phoenix Project110 16Th St Ste 1300
    Denver,CO802025215     		N/A PC Project Support 50,000
    Rocky Mountain Microfinance Institute1209 W 10Th Ave
    Denver,CO80204     		N/A PC Project Support 50,000
    Silverton School DistrictPO Box 128
    Silverton,CO81433     		N/A GOV Project Support 1,500
    Sun Valley Community Center1260 Decatur Street
    Denver,CO80204     		N/A PC Project Support 2,500
    GrowHaus (The)4751 York Street
    Denver,CO80216     		N/A PC Project Support 5,000
    Colorado Blueprint to End Hunger1385 South Colordo Blvd
    Denver,CO80222     		N/A PC Project Support 40,000
    Colorado Farm and Food Systems Response Team1385 South Colordo Blvd
    Denver,CO80222     		N/A PC Project Support 70,000
    University of Colorado Anschutz1800 Grant St Suite 725
    Denver,CO80203     		N/A PC Project Support 30,000
    Urban Peak2100 Stout Street
    Denver,CO80205     		N/A PC Project Support 15,000
    Beulah Heritage Preservation LeaguePO Box 12
    Beulah,CO81023     		N/A PC Renovation 15,000
    Denver Museum of Miniatures Dolls and Toys830 Kipling Street
    Lakewood,CO80215     		N/A PC Building purchase 10,000
    Museum of FriendsPO Box 506
    Walsenburg,CO81089     		N/A PC Renovation 25,000
    Cleo Parker Robinson Dance119 Park Ave W
    Denver,CO802053209     		N/A PC Construction 50,000
    Rocky Mountain Public Media2101 Arapahoe Street
    Denver,CO80205     		N/A PC Construction 50,000
    South Park Historical FoundationPo Box 634
    Fairplay,CO80440     		N/A PC Renovation 10,000
    Fox Theatre Walsenburg715 Main St
    Walsenburg,CO81089     		N/A PC Renovation 50,000
    First Baptist Church of Denver1373 Grant Street
    Denver,CO80203     		N/A PC Remodeling 15,000
    Big Green (The)1637 Pearl St Ste 201
    Denver,CO80211     		N/A PC Construction 20,000
    Colorado Springs Food Rescue917 E Moreno Ave Ste 130
    Colorado Springs,CO80903     		N/A PC Construction 50,000
    Community Resource Center789 N Sherman St Ste 210
    Denver,CO80203     		N/A PC Project Support 10,000
    Denver Urban Gardens1031 33Rd St Ste 100
    Denver,CO80205     		N/A PC Construction 15,000
    Guidestone ColoradoPO Box 1056
    Salida,CO81201     		N/A PC Renovation 20,000
    NewFarms5856 County Road HH5
    Fowler,CO81039     		N/A PC Construction 35,000
    Montezuma Orchard Restoration ProjectPO Box 1556
    Cortez,CO81321     		N/A PC Land Purchase 45,000
    Sedgwick County315 Cedar Street Suite 220
    Julesburg,CO80737     		N/A GOV Renovation 30,000
    Village Exchange Center1609 Havana Street
    Aurora,CO80010     		N/A PC Construction 20,000
    BuCu West420 Morrison Road Unit 3
    Denver,CO80219     		N/A PC Construction 75,000
    5280 High School899 N Broadway
    Denver,CO80203     		N/A PC Remodeling 40,000
    Firefly Autism2695 South Jersey Street
    Denver,CO80222     		N/A PC Renovation 40,000
    BookTrails Inc68 9Th St
    Steamboat Springs,CO80487     		N/A PC Construction 10,000
    CiviCO250 Fillmore Street Suite 225
    Denver,CO80206     		N/A PC Scholarships/Fellowships 40,000
    Empower Community High SchoolPO Box 473258
    Aurora,CO80047     		N/A PC Renovation 25,000
    Hart Center for Public Service7900 E Dartmouth Avenue 62
    Denver,CO80231     		N/A PC Project Support 30,000
    Healthy Childcare Colorado1525 Raleigh Street 5th Floor
    Denver,CO80204     		N/A PC Construction 100,000
    HOPE Center3400 Euzabethstreet
    Denver,CO802054244     		N/A PC Construction 10,000
    Pagosa Peak Open School135 Country Center Dr Ste F 84
    Pagosa Springs,CO81147     		N/A PC Renovation 50,000
    Ricardo Flores Magon Academy5301 Lowell Blvd
    Denver,CO80221     		N/A PC Construction 75,000
    Rocky Mountain Public Media2101 Arapahoe Street
    Denver,CO80205     		N/A PC Operating 70,000
    Seasons Schoolhouse Inc617 W Virginia Ave
    Gunnison,CO81230     		N/A PC Equipment/furnishings 15,000
    Academy of Advanced Learning431 Sable Blvd
    Colorado Springs,CO80920     		N/A PC Construction 30,000
    Wright Stuff Community FoundationPO Box 340
    Norwood,CO81423     		N/A PC Construction 10,000
    YMCA of Northern Colorado2800 Dagny Way
    Lafayette,CO80026     		N/A PC Construction 20,000
    Central Colorado ConservancyPo Box 942
    Salida,CO81201     		N/A PC Land Purchase 50,000
    Colorado Agricultural Leadership FoundationPo Box 581
    Castle Rock,CO80104     		N/A PC Land Purchase 50,000
    Colorado Headwaters Land TrustPo Box 1938
    Granby,CO80446     		N/A PC Land Purchase 40,000
    Colorado Open Lands1546 Cole Blvd 200
    Lakewood,CO80401     		N/A PC Land Purchase 35,000
    Rocky Mountain Elk Foundation5705 Grant Creek Rd
    Missoula,MT59808     		N/A PC Land purchase 50,000
    Town of Hot Sulphur SpringsPO Box 116
    Hot Sulphur Springs,CO80451     		N/A GOV Land Purchase 25,000
    City of La JuntaPO Box 489
    La Junta,CO81050     		N/A GOV Construction 25,000
    Colorado Fourteeners Initiative1600 Jackson Street Suite 205
    Golden,CO80401     		N/A PC Construction 70,000
    Colorado National Monument Association1750 Rim Rock Drive
    Fruita,CO81521     		N/A SO I Construction 20,000
    Gunnison County200 East Virginia Ave
    Gunnison,CO81230     		N/A GOV Project Support 50,000
    Lake County Public Health AgencyPO Box 626
    Leadville,CO81003     		N/A GOV Construction 40,000
    Montrose Recreation District16350 Woodgate Road
    Montrose,CO81401     		N/A GOV Construction 25,000
    Western Slope Conservation CenterPO Box 1612
    Paonia,CO81428     		N/A PC Construction 25,000
    North London Mill Preservation IncPO Box 380
    Alma,CO80420     		N/A PC Renovation 25,000
    Town of San LuisPO Box 200
    San Luis,CO81152     		N/A GOV Construction 25,000
    Adoption Exchange (The)14232 East Evans Avenue
    Aurora,CO80014     		N/A PC Renovation 30,000
    Black Canyon Boys & Girls ClubPO Box 1907
    Montrose,CO81402     		N/A PC Construction 35,000
    Boys and Girls Clubs of Chaffee CountyPO Box 1430
    Salida,CO81201     		N/A PC Construction 35,000
    Bright Future Foundation for Eagle CountyPo Box 2558
    Avon,CO81620     		N/A PC Construction 20,000
    CASA of the Seventh Judicial District IncPo Box 1708
    Montrose,CO81402     		N/A PC Construction 30,000
    Center for People with Disabilities1675 Range St
    Boulder,CO80301     		N/A PC Renovation 20,000
    Bethel Community Center62919 Highway 63
    Arriba,CO80804     		N/A PC Renovation 20,000
    City of Pueblo200 S Main Street
    Pueblo,CO81003     		N/A GOV Construction 25,000
    Clear Creek County405 Argentine Street
    Georgetown,CO80444     		N/A GOV Construction 40,000
    Community Food BankPO Box 3614
    Grand Junction,CO81502     		N/A PC Renovation 30,000
    Community Ministry of Southwest Denver1755 South Zuni Street
    Denver,CO80223     		N/A PC Building purchase 40,000
    Denver Santa Claus Shop IncPO Box 102104
    Denver,CO80250     		N/A PC Project Support 15,000
    Goodwill of Colorado1460 Garden Of The Gods Rd
    Denver,CO80221     		N/A PC Project Support 45,000
    Faith Family Hospitality of Fort Collins IncPO Box 1765
    Fort Collins,CO80522     		N/A PC Renovation 20,000
    Fund for a Healthier Colorado (The)1536 Wynkoop St Ste 224
    Denver,CO80202     		N/A PC Equipment/furnishings 20,000
    South Central Council of Governments300 Bonaventure Avenue
    Trinidad,CO81082     		N/A PC Renovation 15,000
    Inner City Health Center3800 N York St
    Denver,CO80205     		N/A PC Construction 25,000
    Karis IncPo Box 2837
    Grand Junction,CO81502     		N/A PC Remodeling 20,000
    Mountain Family Health Centers2700 Gilstrap Court Suite 100
    Glenwood Springs,CO81601     		N/A PC Construction 40,000
    River Bridge Regional Center520 21St St
    Glenwood Springs,CO81601     		N/A PC Renovation 10,000
    Roundup River RanchPO Box 8589
    Avon,CO81620     		N/A PC Endowment 250,000
    Routt County United WayPO Box 774005
    Steamboat Springs,CO80477     		N/A PC Renovation 20,000
    Safehouse Progressive Alliance for Nonviolence835 North Street
    Boulder,CO80304     		N/A PC Construction 20,000
    SARA HousePO Box 633
    Fort Morgan,CO80701     		N/A PC Renovation 10,000
    St George's Episcopal ChurchPO Box 243
    Leadville,CO80461     		N/A PC Renovation 50,000
    Stepping Stones of the Roaring Fork Valley Inc1010 Garfield Ave
    Carbondale,CO81623     		N/A PC Renovation 20,000
    Town of Bristol Improvements Board101 S Labelle Ave
    Bristol,CO81047     		N/A PC Construction 10,000
    YWCA of Boulder County2222 14th Street
    Boulder,CO80302     		N/A PC Renovation 25,000
    San Luis Valley Local Foods CoalitionPOBox 181
    Alamosa,CO81101     		N/A PC Project Support 20,000
    Colorado State University1036 Campus Delivery
    Fort Collins,CO80523     		N/A PC Project Support 20,000
    Long Beach Public Library Foundation200 West Broadway
    Long Beach,CA90802     		N/A PC Construction 25,000
    Rocky Mountain Employee Ownership Center3000 Lawrence Street 21
    Denver,CO80205     		N/A PC Project Support 25,000
    NPX Charitable Inc3450 Sacramento St 217
    San Francisco,CA94118     		N/A PC Project Support 25,000
    Cate School1960 Cate Mesa Drive
    Carpenteria,CA93013     		N/A PC Project Support 25,000
    Denver Public Library10 W 14Th Avenue Pkwy
    Denver,CO80204     		N/A PC Renovation 25,000
    Center for Community Wealth Building789 N Sherman St Ste 250
    Denver,CO80205     		N/A PC Project Support 30,000
    Rocky Mountain Farmers Union Educational and Charitable Foundation7900 East Union Ave Suite 200
    Englewood,CO80237     		N/A PC Project Support 32,500
    Bicycle Colorado1525 Market St Ste 100
    Denver,CO80202     		N/A PC Project Support 35,000
    Friends of Ski-Hi ParkPO Box 751
    Monte Vista,CO81144     		N/A PC Construction 40,000
    Boys & Girls Clubs of Metro Denver2017 W 9th Avenue
    Denver,CO80204     		N/A PC Operating 40,000
    Trust For Public Land1410 Grant Street Suite D210
    Denver,CO80203     		N/A PC Construction 40,000
    National Wildlife Federation303 East 17th Street Suite 15
    Denver,CO80203     		N/A PC Construction 40,000
    Rocky Mountain Microfinance Institute1209 W 10Th Ave
    Denver,CO80204     		N/A PC Project Support 50,000
    Colorado Children's Campaign1580 N Lincoln St Ste 420
    Denver,CO80203     		N/A PC Project Support 50,000
    RISE Colorado1595 Elmira St Suite 201
    Aurora,CO80010     		N/A PC Project Support 50,000
    Colorado Public RadioKCFR7409 S Alton Ct
    Centennial,CO80112     		N/A PC Project Support 50,000
    Audubon Rockies225 Varick Street 7Th Floor
    Fort Collins,CO80521     		N/A PC Project Support 50,000
    High Country NewsPO Box 1090
    Paonia,CO81428     		N/A PC Project Support 50,000
    Montbello Organizing Committee12000 East 47th Ave
    Denver,CO80239     		N/A PC Construction 50,000
    Community Builders817 Colorado Ave Suite 200
    Glenwood Springs,CO81601     		N/A PC Project Support 65,000
    Mile High Connects3464 Larimer St Unite D
    Denver,CO80205     		N/A PC Project Support 75,000
    Elevation Community Land Trust305 Park Ave West Suite B
    Denver,CO80205     		N/A SO I Project Support 75,000
    Rocky Mountain Public Media2101 Arapahoe Street
    Denver,CO80205     		N/A PC Construction 75,000
    Teach For America25 Broadway 12Th Floor
    Denver,CO80204     		N/A PC Project Support 100,000
    North Platte Valley Medical Center PVHPPO Box 549
    Saratoga,WY82331     		N/A PC Project Support 100,000
    Bicycle Colorado1525 Market St Ste 100
    Denver,CO80202     		N/A PC Project support 100,000
    Rio Grande Headwaters Land TrustPO Box 444
    Del Norte,CO81132     		N/A PC Land purchase 100,000
    Keep it Colorado1301 Arapahoe St Ste 105
    Golden,CO80401     		N/A PC Project support 125,000
    Windward Fund - Water Funders Initiative1201 Connecticut Ave Nw Ste 300
    Washington,DC20036     		N/A PC Project support 125,000
    Elevation Community Land Trust1705 17th St 200
    Denver,CO80202     		N/A SO I Land purchase 175,000
    Palmer Land TrustPO Box 1281
    Colorado Springs,CO80901     		N/A PC Land purchase 200,000
    Aurora Public Schools Foundation15701 E 1St Ave Ste 206
    Aurora,CO80011     		N/A PC Construction 250,000
    Cardigan Mountain School62 Alumni Dr
    Canaan,NH037417210     		N/A PC Endowment 250,000
    Rose Community Foundation4500 Cherry Creek Drive South
    Denver,CO80246     		N/A PC Project support 367,772
    Thacher School5025 Thacher Road
    Ojai,CA93023     		N/A PC Project support 500,000
    Swaner Preserve and EcoCenter1258 Center Drive
    Park City,UT84098     		N/A PC Endowment 500,000
    National Western Stock Show4655 Humboldt St
    Denver,CO80216     		N/A PC Construction 500,000
    Children's Hospital FoundationBox 045
    Aurora,CO80045     		N/A PC Research 750,000
    Cardigan Mountain School62 Alumni Dr
    Canaan,NH037417210     		N/A PC Project support 1,000,000
    University of Denver2190 E Asbury Avenue
    Denver,CO80208     		N/A PC Project support 2,800,000
    Total ...............................bullet 3a 21,729,270
    bApproved for future payment
    Cate School1960 Cate Mesa Drive
    Carpenteria,CA93013     		N/A PC Project Support 75,000
    Aurora Public Schools Foundation15701 E 1St Ave Ste 206
    Aurora,CO80011     		N/A PC Construction 250,000
    Cardigan Mountain School62 Alumni Dr
    Canaan,NH037417210     		N/A PC Endowment 500,000
    Cardigan Mountain School62 Alumni Dr
    Canaan,NH037417210     		N/A PC Project Support 2,500,000
    Thacher School5025 Thacher Road
    Ojai,CA93023     		N/A PC Project Support 500,000
    National Forest Foundation390 Union Blvd Suite 400
    Denver,CO80228     		N/A PC Project support 50,000
    Swaner Preserve and EcoCenter1258 Center Drive
    Park City,UT84098     		N/A PC Endowment 500,000
    University of Denver2190 E Asbury Avenue
    Denver,CO80208     		N/A PC Project support 5,600,000
    National Western Stock Show4655 Humboldt St
    Denver,CO80216     		N/A PC Construction 500,000
    Children's Hospital Foundation13123 East 16th Ave
    Aurora,CO80045     		N/A PC Research 1,500,000
    Gates Biomanufacturing Facility Support Foundation12635 East Montview Blvd Suite 380
    Aurora,CO80045     		N/A POF Project Support 2,250,000
    North Platte Valley Medical Center PVHPPO Box 549
    Saratoga,WY82331     		N/A PC Project Support 100,000
    Gates Center for Regenerative Medicine13001 East 17th Place
    Aurora,CO80045     		N/A PC Project Support 18,500,000
    Long Beach Public Library Foundation200 West Broadway
    Long Beach,CA90802     		N/A PC Construction 25,000
    Bicycle Colorado1525 Market St Ste 100
    Denver,CO80202     		N/A PC Project Support 125,000
    Bicycle Colorado1525 Market St Ste 100
    Denver,CO80202     		N/A PC Project Support 35,000
    Mile High Connects3464 Larimer St Unite D
    Denver,CO80205     		N/A PC Project Support 75,000
    Center for Community Wealth Building789 N Sherman St Ste 250
    Denver,CO80205     		N/A PC Project Support 70,000
    Community Builders817 Colorado Ave Suite 200
    Glenwood Springs,CO81601     		N/A PC Project Support 95,000
    High Country NewsPO Box 1090
    Paonia,CO81428     		N/A PC Project Support 100,000
    NPX Charitable Inc3450 Sacramento St 217
    San Francisco,CA94118     		N/A PC Project Support 25,000
    Rocky Mountain Employee Ownership Center3000 Lawrence Street 21
    Denver,CO80205     		N/A PC Project Support 25,000
    Rocky Mountain Farmers Union Educational and Charitable Foundation7900 East Union Ave Suite 200
    Englewood,CO80237     		N/A PC Project Support 32,500
    Rocky Mountain Microfinance Institute1209 W 10Th Ave
    Denver,CO80204     		N/A PC Project Support 50,000
    San Luis Valley Local Foods CoalitionPOBox 181
    Alamosa,CO81101     		N/A PC Project Support 20,000
    Elevation Community Land Trust305 Park Ave West Suite B
    Denver,CO80205     		N/A SO I Project Support 150,000
    America Succeeds1390 Lawrence Street Suite 200
    Denver,CO80204     		N/A PC Operating 540,000
    Colorado Charter Facility Solutions1390 Lawrence St Ste 200
    Denver,CO80204     		N/A PC Project Support 100,000
    Colorado Children's Campaign1580 N Lincoln St Ste 420
    Denver,CO80203     		N/A PC Project Support 50,000
    Colorado Youth Congress6001 W 16Th Ave
    Lakewood,CO80214     		N/A POF Project Support 50,000
    Keystone Policy Center1628 Saint John Rd
    Keystone,CO804357714     		N/A PC Project Support 25,000
    RISE Colorado1595 Elmira St Suite 201
    Aurora,CO80010     		N/A PC Project Support 50,000
    RootED1390 Lawrence St Ste 200
    Denver,CO80204     		N/A PC Project Support 400,000
    Teach For America25 Broadway 12Th Floor
    Denver,CO80204     		N/A PC Project Support 75,000
    Colorado Media Project2155 East Wesley Avenue
    Denver,CO80208     		N/A PC Project Support 25,000
    Colorado Public RadioKCFR7409 S Alton Ct
    Centennial,CO80112     		N/A PC Project Support 50,000
    Rose Community Foundation4500 Cherry Creek Drive South
    Denver,CO80246     		N/A PC Project Support 300,000
    Keep it Colorado1301 Arapahoe St Ste 105
    Golden,CO80401     		N/A PC Project Support 125,000
    Colorado State Conservation Board305 Interlocken Parkway
    Broomfield,CO80021     		N/A GOV Project Support 125,000
    Colorado State University1036 Campus Delivery
    Fort Collins,CO80523     		N/A PC Project Support 130,000
    Montezuma Land ConservancyPo Box 1522
    Cortez,CO81321     		N/A PC Project Support 158,000
    Mountain Studies InstitutePo Box 426
    Durango,CO81301     		N/A PC Project Support 27,500
    Audubon Rockies225 Varick Street 7Th Floor
    Fort Collins,CO80521     		N/A PC Project Support 50,000
    National Fish and Wildlife Foundation1875 Lawrence Street Suite 320
    Denver,CO80202     		N/A PC Project Support 225,000
    Rio Grande Headwaters Land TrustPO Box 444
    Del Norte,CO81132     		N/A PC Land Purchase 1,900,000
    Trout UnlimitedColorado Council1777 N Kent St Ste 100
    Arlington,VA22209     		N/A PC Project Support 250,000
    Palmer Land TrustPO Box 1281
    Colorado Springs,CO80901     		N/A PC Land Purchase 2,800,000
    Windward Fund - Water Funders Initiative1201 Connecticut Ave Nw Ste 300
    Washington,DC20036     		N/A PC Project Support 150,000
    Denver Public Library10 W 14Th Avenue Pkwy
    Denver,CO80204     		N/A PC Renovation 125,000
    Friends of the La Veta Library IncPO Box 441
    La Veta,CO81055     		N/A PC Unrestricted 25,000
    Grand Mesa Arts & Events CenterPO Box 583
    Cedaredge,CO814133338     		N/A PC Building purchase 30,000
    EUREKA McConnell Science Museum1400 N 7th St
    Grand Junction,CO81501     		N/A PC Construction 25,000
    Rocky Mountain Public Media2101 Arapahoe Street
    Denver,CO80205     		N/A PC Construction 200,000
    Rocky Mountain Public Media2101 Arapahoe Street
    Denver,CO80205     		N/A PC Project Support 100,000
    Swallow Hill Music Association71 East Yale Ave
    Denver,CO80210     		N/A PC Renovation 25,000
    Artspace Projects Inc250 3Rd Ave N Ste 400
    Minneapolis,MN55401     		N/A PC Construction 75,000
    El Alba LLC1797 Geneva St 1521 Dayton Street
    Aurora,CO80010     		N/A EOF Construction 55,000
    Heartbeat Denver Inc1660 Sherman Street
    Denver,CO80203     		N/A PC Renovation 40,000
    Montbello Organizing Committee12000 East 47th Ave
    Denver,CO80239     		N/A PC Construction 100,000
    Friends of Ski-Hi ParkPO Box 751
    Monte Vista,CO81144     		N/A PC Construction 40,000
    NPX Charitable Inc3450 Sacramento St 217
    San Francisco,CA94118     		N/A PC Project Support 50,000
    RiNo Gives Back3525 Walnut Street 40
    Denver,CO80205     		N/A PC Renovation 35,000
    Elevation Community Land Trust1705 17th St 200
    Denver,CO80202     		N/A SO I Land Purchase 350,000
    National Western Stock Show4655 Humboldt St
    Denver,CO80216     		N/A PC Construction 150,000
    Aurora Public Schools Foundation15701 E 1St Ave Ste 206
    Aurora,CO80011     		N/A PC Construction 750,000
    Clayton Early Learning3801 Martin Luther King Blvd
    Denver,CO80205     		N/A PC Unrestricted 125,000
    Colorado College14 East Cache La Poudre Street
    Colorado Springs,CO80903     		N/A PC Construction 100,000
    Junior Achievement-Rocky Mountain1445 Market Suite 200
    Denver,CO802021716     		N/A PC Construction 50,000
    Lighthouse Writers Workshop Inc1515 Race Street
    Denver,CO80206     		N/A PC Construction 60,000
    National Wildlife Federation303 East 17th Street Suite 15
    Denver,CO80203     		N/A PC Construction 80,000
    Harvard University John F Kennedy School of GovernmentPO Box 415649
    Cambridge,MA021385366     		N/A PC Scholarships/Fellowships 223,400
    Crested Butte Land TrustPo Box 2224
    Crested Butte,CO81224     		N/A PC Unrestricted 100,000
    Wildlands Restoration Volunteers2100 Collyer Streeet
    Longmont,CO80501     		N/A PC Renovation 25,000
    High Line Canal Conservancy915 S Pearl St
    Denver,CO80209     		N/A PC Construction 700,000
    Park People1510 S Grant St
    Denver,CO80210     		N/A PC Endowment 43,000
    Trust For Public Land1410 Grant Street Suite D210
    Denver,CO80203     		N/A PC Construction 45,000
    Boys & Girls Clubs of Metro Denver2017 W 9th Avenue
    Denver,CO80204     		N/A PC Operating 40,000
    Judi's House1741 Gaylord St
    Denver,CO80206     		N/A PC Building purchase 50,000
    Project Worthmore1666 Elmira Street
    Aurora,CO80010     		N/A PC Building purchase 20,000
    Springboard Child Care1931 South Xenia Court
    Denver,CO80231     		N/A PC Renovation 20,000
    Veterans Community Project8900 Troost Ave
    Kansas City,MO64131     		N/A PC Construction 25,000
    Total ................................bullet 3b 45,139,400