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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
CATENA FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 994
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CARBONDALE, CO81623
A Employer identification number

81-3783868
B Telephone number (see instructions)

(970) 340-4141
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$397,661,850J 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) 203,140,593
2 Check bullet.............
3 Interest on savings and temporary cash investments 88 88  
4 Dividends and interest from securities... 3,128,515 3,128,515  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 8,365,899
b Gross sales price for all assets on line 6a 205,856,427
7 Capital gain net income (from Part IV, line 2)... 202,836,496
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)....... 3,198,817 3,198,817  
12 Total. Add lines 1 through 11........ 217,833,912 209,163,916  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 862,413 0   862,413
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 38,454 0   38,454
16a Legal fees (attach schedule)......... 5,890 0   5,890
b Accounting fees (attach schedule)....... 280,347 0   280,347
c Other professional fees (attach schedule).... 678,942 425,922   253,020
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 1,744,033 94,033   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 5,830 0   5,830
21 Travel, conferences, and meetings....... 13,724 0   13,724
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 747,033 723,379   23,654
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,376,666 1,243,334   1,483,332
25 Contributions, gifts, grants paid....... 23,945,308 23,945,308
26 Total expenses and disbursements. Add lines 24 and 25 28,321,974 1,243,334   25,428,640
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 189,511,938
b Net investment income (if negative, enter -0-) 207,920,582
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 762,224 151,897 151,897
2 Savings and temporary cash investments......... 20,202,517 117,336,144 117,336,144
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) bullet1,250,000
Less: allowance for doubtful accounts bullet0 2,363,500 1,250,000 1,250,000
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 142,906,122 278,923,809 278,923,809
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 166,234,363 397,661,850 397,661,850
Liabilities 17 Accounts payable and accrued expenses.......... 896 3,425
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 896 3,425
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 166,233,467 397,658,425
29 Total net assets or fund balances (see instructions)..... 166,233,467 397,658,425
30 Total liabilities and net assets/fund balances (see instructions). 166,234,363 397,661,850
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
166,233,467
2
Enter amount from Part I, line 27a .....................
2
189,511,938
3
Other increases not included in line 2 (itemize) bullet
3
41,913,020
4
Add lines 1, 2, and 3 ..........................
4
397,658,425
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
397,658,425
Form 990-PF (2021)
Form 990-PF (2021)
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 1,000 SHARES WALMART STOCK   2021-09-27 2021-09-27
b 520,000 SHARES WALMART STOCK   2021-09-27 2021-09-27
c 7,463 SHARES WALMART STOCK   2021-12-02 2021-12-02
d 91,665 SHARES WALMART STOCK   2021-12-02 2021-12-02
e 144,886 SHARES WALMART STOCK   2021-12-02 2021-12-03
367,090 SHARES WALMART STOCK   2021-12-02 2021-12-03
66,131 SHARES WALMART STOCK   2021-12-02 2021-12-06
35,503 SHARES WALMART STOCK   2021-12-02 2021-12-07
4,233 SHARES WALMART STOCK   2021-12-02 2021-12-08
45,061 SHARES WALMART STOCK   2021-12-02 2021-12-08
20,047 SHARES WALMART STOCK   2021-12-02 2021-12-09
60,687 SHARES WALMART STOCK   2021-12-02 2021-12-09
17,757 SHARES WALMART STOCK   2021-12-02 2021-12-10
14,477 SHARES WALMART STOCK   2021-12-02 2021-12-10
PUBLICLY TRADED SECURITIES      
PUBLICLY TRADED SECURITIES      
NET GAINS FROM PASSTHROUGH P    
CAPITAL GAINS DIVIDENDS P    
(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 142,398   284 142,114
b 74,046,790   5 74,046,785
c 1,026,782     1,026,782
d 12,512,227   1 12,512,226
e 19,924,853   1 19,924,852
50,320,220   4 50,320,216
9,180,629   1 9,180,628
4,933,649     4,933,649
583,636     583,636
6,169,500     6,169,500
2,739,966     2,739,966
8,392,636   1 8,392,635
2,463,322     2,463,322
2,034,286     2,034,286
2,000,462   2,044,963 -44,501
1,000,459   974,671 25,788
8,043,617     8,043,617
340,995     340,995
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       142,114
b       74,046,785
c       1,026,782
d       12,512,226
e       19,924,852
      50,320,216
      9,180,628
      4,933,649
      583,636
      6,169,500
      2,739,966
      8,392,635
      2,463,322
      2,034,286
      -44,501
      25,788
      8,043,617
      340,995
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 2 202,836,496
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 2,890,096
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 2,890,096
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 1,440,425
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,500,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,940,425
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 31
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 50,298
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet50,298 RefundedBullet 11 0
Part VI-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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
bulletAR, CO, DE
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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
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 (2021)
Form 990-PF (2021)
Page 5
Part VI-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
 
No
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 addressbulletN/A
14
The books are in care ofbulletKERRI GENUNG Telephone no.bullet (970) 355-9695

Located atbulletPO BOX 994CARBONDALECO ZIP+4bullet81623
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 2021, 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? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
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
c
Organizations relying on a current notice regarding disaster assistance check here ........bullet
d
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 2021? .............
1d
 
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 2021, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2021?....................
2a
 
No
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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
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 2021? ..
4b
 
No
Form 990-PF (2021)
Form 990-PF (2021)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
c
Organizations relying on a current notice regarding disaster assistance check .........bullet
d
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? .................
5d
Yes
 
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? .............................
6a
 
No
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?
7a
 
No
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? .........................
8
 
No
Part VII
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
SAMUEL R WALTON PRESIDENT
5.00 		0 0 0
PO BOX 994
CARBONDALE,CO81623
CLARE BASTABLE VICE PRESIDENT
1.00 		0 0 0
PO BOX 994
CARBONDALE,CO81623
GREG NELSON VICE PRESIDENT/ASS'T TREASURER
1.00 		0 0 0
PO BOX 5027
LARKSPUR,AR72712
ROBERT A SMITH TREASURER & SECRETARY
1.00 		0 0 0
P O BOX 2030
BENTONVILLE,AR72712
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
NONE
Total number of other employees paid over $50,000...................bullet 0
Form 990-PF (2021)
Form 990-PF (2021)
Page 7
Part VII
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
CATENA GROUP LLC MANAGEMENT SERVICES 757,581
PO BOX 5027
LARKSPUR,CA94939
MONTICELLO ASSOCIATES INVESTMENTS 230,000
1800 LARIMER STREET SUITE 2100
DENVER,CO80202
WFFWEI SERVICES MANAGEMENT SERVICES 189,893
PO BOX 2030
BENTONVILLE,AR72712
NORTHERN TRUST INVESTMENTS 177,172
50 LASALLE STREET
CHOCAGO,IL60603
FRED PHILLIPS CONSULTING LLC CONSULTING 91,095
401 S LEROUX ST
FLAGSTAFF,AZ86001
Total number of others receiving over $50,000 for professional services.............bullet0
Part VIII-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 VIII-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  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................bullet0
Form 990-PF (2021)
Form 990-PF (2021)
Page 8
Part IX
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
161,766,587
b
Average of monthly cash balances.......................
1b
23,740,328
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
185,506,915
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
185,506,915
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,782,604
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
182,724,311
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
9,136,216
Part X
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 IX, line 6..................
1
9,136,216
2a
Tax on investment income for 2021 from Part V, line 5.......
2a
2,890,096
b
Income tax for 2021. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,890,096
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,246,120
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
6,246,120
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 XII, line 1 ...
7
6,246,120
Part XI
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
25,428,640
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
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 XII, line 4.
4
25,428,640
Form 990-PF (2021)
Form 990-PF (2021)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2020 		(c)
2020 		(d)
2021
1 Distributable amount for 2021 from Part X, line 7 6,246,120
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only....... 0
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2021:
a From 2016......  
b From 2017......  
c From 2018...... 1,672,345
d From 2019...... 4,781,162
e From 2020...... 17,420,522
f Total of lines 3a through e ........ 23,874,029
4Qualifying distributions for 2021 from Part
XI, line 4: bullet$ 25,428,640
a Applied to 2020, but not more than line 2a 0
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 2021 distributable amount..... 6,246,120
e Remaining amount distributed out of corpus 19,182,520
5 Excess distributions carryover applied to 2021. 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 43,056,549
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 2021. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2022 .......... 		0
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 2016 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2022.
Subtract lines 7 and 8 from line 6a ...... 		43,056,549
10 Analysis of line 9:
a Excess from 2017....  
b Excess from 2018.... 1,672,345
c Excess from 2019.... 4,781,162
d Excess from 2020.... 17,420,522
e Excess from 2021.... 19,182,520
Form 990-PF (2021)
Form 990-PF (2021)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2021, 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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2021 (b) 2020 (c) 2019 (d) 2018
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
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 IX, 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 XIV
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).)
SAMUEL R WALTON
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2021)
Form 990-PF (2021)
Page 11
Part XIV
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

ADVANCE DEMOCRACY INC

1360 BEVERLY RD STE 300
MCLEAN,VA22101 		  PC CIVIC ENGAGEMENT & PROTECTING DEMOCRACY- CLIMATE PROJECT 125,000

ADVANCED ENERGY ECONOMY INSTITUTE

1000 VERMONT AVENUE NW 3RD FLOOR
WASHINGTON,DC20005 		  PC CLEAN ENERGY - WESTERN RTO, WESTERN PUC, AND TAEBA & DRIVING FEDERAL CLIMATE ACTION VIA STATES 850,000

AIR ALLIANCE HOUSTON

2520 CAROLINE ST STE 100
HOUSTON,TX77004 		  PC CLEAN ENERGY - EQUITABLE AND SUSTAINABLE TRANSPORTATION PROGRAM AND ENHANCED PUBLIC NOTIFICATION PROJECT 305,000

AMALGATED CHARITABLE FOUNDATION

1825 K STREET NW
WASHINGTON,DC20006 		  PC IMMIGRATION & WELCOMING REFUGEES - DISINFORMATION PROJECT 200,000

AMERICAN BUSINESS IMMIGRATION

1805 S ASHLAND AVE
CHICAGO,IL60608 		  PC IMMIGRATION & WELCOMING REFUGEES- FEDERAL IMMIGRATION REFORM 100,000

AMERICAN IMMIGRATION COUNCIL

1331 G STREET STE 200
WASHINGTON,DC20005 		  PC IMMIGRATION & BODER ENFORCEMENT - ENDING IMMIGRATION DETENTION AND ELEVATING CIVIL SOCIETY SOLUTIONS 350,000

AMERICAN INDIAN GRAD CENTER

3701 SAN MATEO BOULEVARD NE STE 200
ALBUQUERQUE,NM87110 		  PC WATERSHED HEALTH - NATIVE AMERINCA WATER AND LAND FELLOWSHIPS 24,000

AMERICAN OVERSIGHT

1030 15TH NW STE B255
WASHINGTON,DC20005 		  PC CIVIC ENGAGEMENT & PROTECTING DEMOCRACY- STATE AUDIT LITIGATION 110,000

ANALYST INSTITUTE

815 BLACK LIVES MATTER PLAZA NW 6TH
FLOOR
WASHINGTON,DC20006 		  PC CIVIC ENGAGEMENT & PROTECTING DEMOCRACY- 2021 RESEARCH AGENDA WITH BIPOC PARTNERS 80,000

ARIZONA STATE UNIVERSITY FOUNDATION

PO BOX 2260
TEMPE,AZ85280 		  PC HEALTH & CLEAN ENERGY - NATIVE AMERICAN HEALTH: BUILDING PUBLIC HEALTH CAPACITY IN THE NAVAJO NATION & ASU ENERGY TRANSITION CENTER 243,250

ASPEN CENTER FOR ENVIROMENTAL STUDIES

100 PUPPY SMITH STREET
ASPEN,CO81611 		  PC WATERSHED HEALTH - ACES ED 145,163

ASPEN GLOBAL CHANGE INSTITUTE INC

104 MIDLAND AVENUE SUITE 205
BASALT,CO81621 		  PC CLEAN ENERGY - ENERGY PROJECT AT THE ASPEN GLOBAL CHANGE INSTITUTE 2021-22 500,000

ASPEN JOURNALISM

1280 UTE AVENUE
ASPEN,CO81611 		  PC WATERSHED HEALTH - ASPEN JOURNALISM WATER DESK 100,000

ASYLUM SEEKER ADVOCACY PROJECT INC

228 PARK AVENUE S 84810
NEW YORK,NY10003 		  PC IMMIGRATION & WELCOMING REFUGEES - CONTINUED SCALING OF DIRECT SERVICES AND SYSTEMIC REFORM WORK 150,000

BIG PIVOTS

5705 YUKON ST
ARVADA,CO80002 		  PC CLEAN ENERGY ELEVATING THE STORY OF COLORADO AND THE WEST'S CLIMATE AND ENERGY TRANSITION 29,000

CENTER FOR HEALTH PROGRESS

PO BOX 18877
DENVER,CO80218 		  PC IMMIGRATION & WELCOMING REFUGEES VACCINE EQUITY 145,000

CENTER FOR COMMON GROUND

18459 PATRIOT LANE
RUTHER GLEN,VA22546 		  PC CIVIC ENGAGEMENT & PROTECTING DEMOCRACY- DOWN BALLOT RESEARCH & MOVEMENT LABS - DEPLATFORMING HATE 125,000

CERES INC

99 CHAUNCY STREET 6TH FLOOR
BOSTON,MA02111 		  PC CLEAN ENERGY - EDUCATING AND MOBILIZING BUSINESSES TO ACCELERATE THE TRANSITION TO CLEAN ENERGY AND CLEAN TRANSPORTATION IN THE INTERMOUNTAIN WEST 225,000

CITIZEN DATA

PO BOX 66298
WASHINGTON,DC20035 		  PC CIVIC ENGAGEMENT & PROTECTING DEMOCRACY- CLUSTER ANALYSIS OF THE AMERICAN RIGHT 100,000

CITY OF PHOENIX

200 W WASHINGTON STREET
PHOENIX,AZ85003 		  GOV CLEAN ENERGY- CITY OF PHOENIX TRANSPORTATION PROGRAM MANAGER 120,000

CIVIC EDUCATION FUND

PO BOX 21961
SEATTLE,WA98111 		  PC CIVIC ENGAGEMENT & PROTECTING DEMOCRACY WORKMONEY GENERAL OPERATING SUPPORT 250,000

CIVIC NATION

1156 15TH STREET NW STE 1000
WASHINGTON,DC20005 		  PC CIVIC ENGAGEMENT & PROTECTING DEMOCRACY MADE TO SAVE 600,000

CLEAN ENERGY ECONOMY FOR THE REGION

PO BOX 428
CARBONDALE,CO81623 		  PC CLEAN ENERGY- LOCAL ENGAGEMENT IN STATE CLIMATE POLICY 102,000

CO ENERGY & WATER INSTITUTE

3070 REDHAVEN WAY
HIGHLANDS RANCH,CO80126 		  PC CLEAN ENERGY - WESTERN POWER PLAYERS CONFERENCE 15,000

COCOPAH ENVIRONMENTAL PROTECTION OFFICE

14515 S VETERANS DRIVE
SOMERTON,AZ85350 		  PC WATERSHED HEALTH- THE FINAL KEEPERS RESTORATION AREA 107,257

COLORADO FREEDOM OF INFORMATION COUNCIL

2101 ARAPAHOE ST
DENVER,CO80205 		  PC WATERSHED HEALTH - THE COLORADO SUN WATER DESK 131,840

COLORADO MOUNTAIN COLLEGE FOUNDATION

802 GRAND AVENUE
GLENWOOD SPRINGS,CO81601 		  PC TRAILS & YOUTH CYCLING - COLORADO MOUNTAIN COLLEGE - SPRING VALLEY TRAILS 50,000

COLORADO ORG FOR LATINA OPPORTUNITIES & REPRODUCTIVE RIGHTS

PO BOX 40991
DENVER,CO80204 		  PC CIVIC ENGAGEMENT & PROTECTING DEMOCRACY - GENERAL OPERATING SUPPORT 65,000

COLORADO STATE UNIVERSITY FOUNDATION

PO BOX 1870
FORT COLLINS,CO80522 		  PC CLEAN ENERGY - CENTER FOR THE NEW ENERGY ECONOMY 275,000

CONSERVATION COLORADO EDUCATION FUND

1536 WYNKOOP STRRET
DENVER,CO80202 		  PC CLEAN ENERGY - COLORADO CLIMATE LEADERSHIP AND IMPLEMENTATION 250,000

CONSERVATION LEGACY

701 CAMINO DEL RIO SUITE 101
DURANGO,CO81301 		  PC WATERSHED HEALTH- TRIBAL RELATIONS; INDIAN YOUTH SERVICE CORPS 147,395

DEFINE AMERICAN

3682 KING STREET UNIT 16972
ALEXANDRIA,VA22302 		  PC IMMIGRATION & WELCOMING REFUGEES- COUNTERING DISINFORMATION IN THE MEDIA 100,000

DEPLOYUS

177 HUNTINGTON AVE STE 1703 PMB
74752
BOSTON,MA02115 		  PC CLEAN ENERGY GENERAL OPERATING SUPPORT 250,000

ECOFLIGHT

307 L AABC
ASPEN,CO81611 		  PC WATERSHED HEALTH TRIBAL ENGAGEMENT OVERFLIGHTS 60,000

ELECTRIFICATION COALITION FDN

1111 19TH ST NW STE 406
WASHINGTON,DC20036 		  PC CLEAN ENERGY 300,003

ENERGY FOUNDATION

301 BATTERY STREET 5TH FLOOR
SAN FRANCISCO,CA94111 		  PC CLEAN ENERGY - DRIVING STATE MOMENTUM FOR FEDERAL CLIMATE ACTION 450,000

ENVIRONMENTAL DEFENSE FUND

257 PARK AVENUE SOUH
NEW YORK,NY10010 		  PC CLEAN ENERGY & HEALTH- NAVAJO METHANE REGULATION & MAKING COLORADO A CLIMATE LEADER & POWER SECTOR ROUNDTABLE 1,666,250

EVERGREEN STATE COLLEGE FOUNDATION

2700 EVERGREEN PARKWAY NW
OLYMPIA,WA98050 		  PC COMMUNITY SUPPORT - 2021 ANNUAL GRANT 10,000

FEDERATION OF AMERICAN SCIENTISTS

1112 16TH STREET NW STE 400
WASHINGTON,DC20036 		  PC IMMIGRATION & WELCOMING REFUGEES-IMPACT FELLOWSHIP 75,000

FIDELITY CHARITABLE

PO BOX 770001
CINCINNATI,OH45277 		  PC CLEAN ENERGY- KAIROS FUND 200,000

FIX THE SYSTEM

GATEWAY ROAD
BROOKFIELD,WI53045 		  PC CIVIC ENGAGEMENT & PROTECTING DEMOCRACY- GENERAL OPERATING SUPPORT 100,000

FRIENDS OF CAIC

PO BOX 1117
VERGEEN,CO80437 		  PC COMMUNITY SUPPORT 10,000

FOUNDATIN PARA EL PROGRESO DE LA REGIN BOGOT

CARRERA 9 77 - 67 OFICINA 904
BOGOTA    
CO 		  NC DIGNITY & EDUCATION - PRO BOGOTA REGION 1,000,000

GLOBAL RESPONSE MANAGEMENT

463688 STATE ROAD 200 STE 1 150
YULEE,FL32097 		  PC IMMIGRATION & WELCOMING REFUGEES- TAPACHULA PROJECT 120,000

GRAND CANYON RIVER GUIDES

PO BOX 1934
FLAGSTAFF,AZ86002 		  PC COMMUNITY SUPPORT - 2021 ANNUAL GRANT 10,000

GRAND CANYON TRUST

2601 N FORT VALLEY ROAD
FLAGSTAFF,AZ86001 		  PC WATERSHED HEALTH- CONFLUENCE PERMANENT PROTECTION & WATER PROGRAM 150,000

GRAND CANYON YOUTH

PO BOX 23376
FLAGSTAFF,AZ86002 		  PC DIGNITY & EDUCATION 213,081

GRIDLAB

2150 ALLSTON WAY STE 420
BERKELEY,CA94704 		  PC CLEAN ENERGY - WESTERN RESOURCE ADEQUACY GRID MODELING 250,000

GRIDWORKS

PO BOX 5012
BERKELEY,CA94705 		  PC CLEAN ENERGY PROVIDING TECHNICAL ASSISTANCE TO THE NEW MEXICO PUBLIC REGULATION COMMISSION 100,000

HEALTHIER COLORADO

1536 WYNKOOP STREET
DENVER,CO80202 		  PC CLEAN ENERGY - HEALTH AIR & WAGER COLORADO 45,000

HIGH COUNTRY NEWS

PO BOX 1090
PAONIA,CO81428 		  PC DIGNITY & EDUCATION INDIGENOUS NATURAL RESOURCES REPORTING 113,000

HOPEWELL FUND

1828 L STREET NW
WASHINGTON,DC20036 		  PC CIVIC ENGAGEMENT & PROTECTING DEMOCRACY - GALVANIZE RESEARCH AND MESSAGE DEVELOPMENT 250,000

HOPI UTILITIES CORPORATION

6 EAST ASPEN
FLAGSTAFF,AZ86001 		  NC CLEAN ENERGY- HOPI ENERGY MANAGER 103,500

IMBA

PO BOX 2127
TELLURIDE,CO81435 		  PC TRAILS & YOUTH CYCLING - SOUTHWEST TRAIL LABS - CEDAR CITY, UT & RFMBA EXECUTIVE DIRECTOR AND SEASONAL TRAIL CREW 104,000

IMMIGRANT JUSTICE CORPS

17 BATTERY PL SUITE 1234
NEW YORK,NY10004 		  PC IMMIGRATION & WELCOMING REFUGEES - ACCESS TO REPRESENTATION FOR IMMIGRANTS 145,000

IMMIGRANT LEGAL RESOURCE

1458 HOWARD STREET
SAN FRANCISCO,CA94103 		  PC IMMIGRATION & WELCOMING REFUGEES- BUILDING LEGAL CAPACITY TO REDUCE DEPORTATIONS IN TEXAS 125,000

INTERNATIONAL REFUGEE ASSISTANCE

ONE BATTERY PARK PLAZA 4TH FLOOR
NEW YORK,NY10004 		  PC IMMIGRATION & WELCOMING REFUGEES- LEGAL ADVOCACY FOR FORCED MIGRANTS 100,000

INTERNATIONAL RESCUE COMMITTEE

122 EAST 42ND STREET
NEW YORK,NY10168 		  PC IMMIGRATION & WELCOMING REFUGEES INFODIGNA 125,000

JUSTICE ACTION CENTER

4147 CAMERO AVE
LOS ANGELES,CA90027 		  PC IMMIGRATION & BODER ENFORCEMENT 350,000

KARUK TRIBE

PO BOX 1016
HAPPY CAMP,CA96039 		  PC WATERSHED HEALTH - KARUK TRIBE DEPARTMENT OF NATURAL RESOURCES 125,000

KLAMATH RIVER RENEWAL CORP

2001 ADDISOTN STREET STE 317
BERKELEY,CA94704 		  PC WATERSHED HELATH- FACILITATING TRIBAL ENGAGEMENT IN PARCEL B FEASIBILITY STUDY 111,100

KLAMATH TRIBES

501 SOUTH CHILOQUIN BLVD PO BOX 436
CHILOQUIN,OR97624 		  PC WATERSHED HEALTH BOOTLEG FIRE POST-FIRE REMEDIATION 75,000

LAKOTA FUND

PO BOX 340
KYLE,SD57752 		  PC COMMUNITY SUPPORT - 2021 ANNUAL GRANT 5,000

LINCOLN INST OF LAND POLICY

11010 N TATUM BLVD D101
PHOENIX,AZ85028 		  PC WATERSHED HEALTH- TRIBAL LEADERS FORUM & INDIGENOUS WOMEN'S LEADERSHIP NETWORK 121,140

MOUNTAIN RESCUE ASPEN INC

37925 HIGHWAY 82
ASPEN,CO81611 		  PC COMMUNITY SUPPORT - 2021 ANNUAL GRANT 10,000

MOUNTAIN STUDIES INSTITUTE

679 W 2ND AVE UNIT 8
DURANGO,CO81301 		  PC WATERSHED HEALTH- MANCOS RIVER RESILIENCE PROJECT 70,686

MUSEUM OF NORTHERN ARIZONA

3101 N FORT VALLEY RAOD
FLAGSTAFF,AZ86001 		  PC COMMUNITY SUPPORT - 2021 ANNUAL GRANT 10,000

NATIONAL CENTER FOR YOUTH LAW

1212 BROADWAY STREET STE 600
OAKLAND,CA94612 		  PC IMMIGRATION & WELCOMING REFUGEES - DEFENDING THE RIGHTS OF IMMIGRANT CHILDREN IN DETENTION CENTERS 130,000

NATIONAL FOREST FOUNDATION

BUILDING 27 SUITE 3 FORT MISSOULA
ROAD
MISSOULA,MT59804 		  PC TRAILS & YOUTH CYCLING - HIGHLINE TRAIL ACCESS AND RESTORATION PROJECT 90,000

NATIONAL KOREAN AMERICAN SERVICE & EDUCATION CONSORTIUM

4300 N CALIFORNIA AVE
CHICAGO,IL60618 		  PC IMMIGRATION & WELCOMING REFUGEES - ADVANCING THE REUNITING FAMILIES ACT 125,000

NATIONAL PUBLIC RADIO

1111 NORTH CAPITOL ST NE
WASHINGTON,DC20002 		  PC IMMIGRATION & WELCOMING REGUGEES - NPR AND TX PUBLIC RADIO IMMIGRATION COVERAGE 250,000

NATIONAL WILDLIFE FEDERATION

11100 WILDLIFE CENTER DRIVE
RESTON,VA20190 		  PC WATERSHED HEALTH- ELEVATING TRIBAL ENGAGEMENT IN COLORADO RIVER CONSERVATION 155,454

NATURAL RESOURCES DEFENSE COUN

40 WEST 20TH STREET
NEW YORK,NY10011 		  PC CLEAN ENERGY - TRANSPORTATION ELECTRIFICATION IN CO, NM, NV 250,000

NAVAJO NATION DEPARTMENT OF FISH AND WILDLIFE

PO BOX 1480
WINDOW ROCK,AZ86515 		  PC WATERSHED HEALTH - PROMOTING & PRESERVING DINE CULTURAL HERITAGE THROUGH PLANTS 76,517

NDN COLLECTIVE

317 MAIN STREET SUITE 1
RAPID CITY,ND57701 		  PC HEALTH - COVID-19 RESPONSE PROJECT - FOSTERING TRIBAL RESILIENCE, TRANSITION, AND STORYTELLING 275,000

NEEM FOUNDATION

2 KWA FALLS STREET MAITAMA ABUJA
KE 		  NC DIGNITY & EDUCATION - LAFIYA SARARI YEARS 2 7 414,167

NISKANEN CENTER

820 FIRST STREET NE STE 675
WASHINGTON,DC20002 		  PC IMMIGRATION & WELCOMING REFUGEES- REDUCING INFLUENCE AMONG ANTI-IMMIGRANT ORGANIZATIONS 66,186

NORTH AMERICAN COUNCIL FOR FREIGHT

6041 STELLHORN RD 15935
FORT WAYNE,IN46885 		  PC CLEAN ENERGY - FLEET ELECTRIFICATION FOR REGIONAL HAUL TRUCKS 125,000

NORTH CAROLINA BLACK ALLIANCE

PO BOX 27886
RALEIGH,NC27611 		  PC CIVIC ENGAGEMENT & PROTECTING DEMOCRACY- GENERAL OPERATING SUPPORT 150,000

ONE AMERICA MOVEMENT

1342 FLORIDA AVE NW
WASHINGTON,DC20009 		  PC CIVIC ENGAGEMENT & PROTECTING DEMOCRACY - CONGRESS CLERGY PROJECT 25,000

PHOENIX NEWSPAPERS INC

200 E VAN BUREN ST
PHOENIX,AZ85004 		  PC WATERSHED HEALTH- TRIBES IN THE SOUTHWEST: THE INTERSECTION OF CLIMATE, CULTURE, COMMERCE 110,000

POLICY IMPACT

127 UNIVERSITY AVENUE
BERKELEY,CA94710 		  PC CIVIC ENGAGEMENT & PROTECTING DEMOCRAY - DEMOCRACY FUNDERS NETWORK 27,500

POYNTER INSTITUTE

801 THIRD STREET S
ST PETERSBURG,FL33704 		  PC IMMIGRATION & WELCOMING REFUGEES- TRAINING AND FACT-CHECKING ON IMMIGRATION 100,000

PRESCOTT COLLEGE

220 GROVE AVENUE
PRESCOTT,AZ86301 		  PC COMMUNITY SUPPORT - 2021 ANNUAL GRANT 10,000

PRINCETON UNIVERSITY

ROBERTSON HALL
PRINCETON,NJ08540 		  PC CIVIC ENGAGEMENT & PROTECTING DEMOCRACY-BRIDGING DIVIDES INIATIVE 105,000

PROJECT BIKE TECH

PO BOX 5152 719 TEN MILE DR
FRISCO,CO80443 		  PC TRAILS & YOUTH CYCLING- TEACHING BIKE MECHANIC SKILLS TO AMERICA'S NEEDIEST HIGH SCHOOL STUDENTS IN THE FOUR CORNERS AREA; LAUNCHING FOUR PROJECT BIKE TECH CLASSROOMS IN 2021 148,000

PROTECT DEMOCRACY PROJECT

2020 PENNSYLVANIA AVE NW 163
WASHINGTON,DC20006 		  PC CIVIC ENGAGEMENT & PROTECTING DEMOCRACY PROTECT DEMOCRACY PROJECT 250,000

RAILS TO TRAILS

2121 WARD COURT NW 5TH FLOOR
WASHINGTON,DC20037 		  PC TRAILS AND YOUTH CYCLING MILWAUKEE'S 30TH STREET CORRIDOR EQUITABLE DEVELOPMENT PLAN 99,981

RAPID DEFENSE NETWORK AND IMMIGRANT PROTECTION PROJECT

11 BROADWAY STE 615
NEW YORK,NY10004 		  PC IMMIGRATION & WELCOMING REFUGEES- IMMIGRANT PROTECTION PROJECT- SCALING ACCESS & ACCOUNTABILITY 75,000

REFUGEE & IMMIGRAN CENTER FOR EDUCATION AND LEGAL SERVICES

1305 NORTH FLORES ST
SAN ANTONIO,TX78212 		  PC IMMIGRATION & WELCOMING REGUGEES - LEGAL SERVICES FOR DETAINEES 175,000

REGENTS OF THE UC AT BERKELEY

2195 HEARST AVE RM 120 MC 1104
BERKELEY,CA94720 		  PC HEALTH - COVID WASTEWATER EPIDEMIOLOGY FOR THE BAY AREA (COVID-WEB) 214,752

RENEWABLE ENERGY BUYERS ALLIANCE

1425 K STREET SUITE 1110
WASHINGTON,DC20005 		  PC CLEAN ENERGY- ADVANCING A NET-ZERO GRID IN THE WEST 175,000

ROARING FORK CYCLING INC

818 COLORADO AVENUE
GLENWOOD SPRINGS,CO81601 		  PC TRAILS & YOUTH CYCLING - ROARING FORK CYCLYING 70,000

ROARING FORK MOUNTAIN BIKE ASSOCIATION

PO BOX 2635
ASPEN,CA81612 		  PC TRAILS & YOUTH CYCLING- GRAND HOGBACK TRAIL SYSTEM PHASE 2 75,000

ROARING FORK PUBLIC RADIO

100 E HALLAN SUITE 134
ASPEN,CO81611 		  PC COMMUNITY SUPPORT - 2021 ANNUAL GRANT 1,000

RURAL UTAH PROJECT EDUCATION FUND

323 S 600 E STE 130
SALT LAKE CITY,UT84102 		  PC CIVIC ENGAGEMENT & PROTECTING DEMOCRACY- RURAL ADDRESSING PROGRAM 132,000

SAN DOMENICO

1500 BUTTERFIELD RD
SAN ANSELMO,CA94960 		  PC COMMUNITY SUPPORT 2021 ANNUAL GRANT AND THE STRONGER TOGETHER FUND 21,000

SAND COUNTY FOUNDATION

PO BOX 1378
MADISON,WI53701 		  PC WATERSHED HEALTH - EPIC TRIBAL MITIGATION LEGAL FELLOW 147,930

SILICON VALLEY COMMUNITY FOUNDATION

2440 WEST EL CAMINO REAL STE 300
MOUNTAIN VIEW,CA94040 		  PC IMMIGRATION & WELCOMING REFUGEES COLLABORATIVE FUND 57,000

SKYTRUTH

PO BOX 3283
SHEPHERDSTOWN,WV25443 		  PC WATERSHED HEALTH- MAPPING VEGETATION IN THE COLORADO RIVER BASIN AND VESSEL POLLUTION AT SEA 100,000

SOUTHWEST ENERGY EFFICIENCY PROJECT LLC

2334 NORTH BROADWAY SUITE A
BOULDER,CA80304 		  PC CLEAN ENERGY - ZERO-EMISSION TRANSPORTATION IN THE MOUNTAIN WEST & ELEVATING STATE ELECTRIFICATION AND EFFICIENCY POLICY TO DRIVE FEDERAL CLIMATE ACTION & SWEEP UTILITY PROGRAM SUPPORT IN AZ, CO, NV 350,075

STATE LEADERSHIP PROJECT

PO BOX 223
RALEIGH,NC27602 		  PC CIVIC ENGAGEMENT & PROTECTING DEMOCRACY- STRATEGIC VICTORY FUND DISINFORMATION DEFENSE NETWORK 2,000,000

SUSTAINABLE NORTHWEST

1130 SW MORRISON STREET STE 510
PORTLAND,OR97205 		  PC WATERSHED HEALTH- REVITALIZED FLOW IN THE KLAMATH BASIN 113,393

TECHNICAL ASSISTANCE PARTNERSHIP OF ARIZONA

2929 N CENTRAL AVE STE 1550
PHOENIX,AZ85012 		  PC WATERSHED HEALTH- EMERALD SPRING WATERSHED RESTORATION PLANNING 61,902

TEXAS CIVIL RIGHTS PROJECT

1405 MONTOPOLIS DRIVE
AUSTIN,TX78741 		  PC CIVIC ENGAGEMENT & PROTECTING DEMOCRACY 100,000

TEXAS ELECTRIC TRANSPORTATION RESOURCES ALLIANCE EDUCATION FUND

909 W 23RD STREET
AUSTIN,TX78705 		  PC CLEAN ENERGY TRANSPORTATION ELECTRIFICATION IN TEXAS NORTH TEXAS COMPACT AND ORGANIZATIONAL CAPACITY 75,000

THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY

485 BROADWAY
REDWOOD CITY,CA94063 		  PC CLEAN ENERGY FRIENDS OF OCEAN ACTION INITIATIVE ON ILLEGAL FISHING 61,698

THE HOPI FOUNDATION

PO BOX 483
KYKOTSMOVI,AZ86039 		  PC COMMUNITY SUPPORT AND HEALTH - 2021 ANNUAL GRANT 2,500

THE MARSHALL PROJECT

156 WEST 56TH STREET STE 701
NEW YORK,NY10019 		  PC CIVIC ENGAGEMENT & PROTECTNG DEMOCRACY REACHING A SPANISH LANGUAGE AUDIENCE 61,500

THE TEXAS TRIBUNE

919 CONGRESS AVENUE SIXTH FLOOR
AUSTIN,TX78701 		  PC CLEAN ENERGY- TEXAS CLIMATE AND ENERGY JOURNALISM 75,000

THE WHALE FOUNDATION

PO BOX 855
FLAGSTAFF,AZ86002 		  PC COMMUNITY SUPPORT - 2021 ANNUAL GRANT 10,000

TO NIZHONI ANI

PO BOX 483
KYKOTSMOVI,AZ86039 		  PC CLEAN ENERGY - ARIZONA CORP COMMISSION ENGAGEMENT 25,000

TRUSTEES OF UNIVERSITY OF PENNSYLVANIA

801 SPRUCE STREET
PHILADELPHIA,PA19107 		  PC IMMIGRATION & WELCOMING REFUGEES- PENN WHARTON BUDGET MODEL 175,000

UNIVERSITY OF CALIFORNIA AT SANTA BARBARA

2400D BREN HALL
SANTA BARBARA,CA93106 		  PC WATERSHED HEALTH- SUSTAINABLE WATER MARKETS ALUMNI NETWORK 99,243

URBAN ECOLOGY CENTER

1500 E PARK PLACE RIVERSIDE PARK
MILWAUKEE,WI53211 		  PC DIGNITY & EDUCATION - GENERAL OPERATING SUPPORT 175,000

UTAH CLEAN ENERGY ALLIANCE INC

1014 SECOND AVE
SALT LAKE CITY,UT84103 		  PC CLEAN ENERGY - UTAH CLIMATE LEADERSHIP AND TRANSPORTATION DECARBONIZATION 143,660

VERA INSTITUTE OF JUSTICE

34 35TH STREET SUITE 4-2A
BROOKLYN,NY11232 		  PC IMMIGRATION & WELCOMING REFUGEES- SAFE INITIATIVE 160,000

VERDE VALLEY CYCLIST COALITION

PO BOX 20332
SEDONA,AZ86341 		  PC TRAILS & YOUTH CYCLING-BLOWOUT WASH TRAILS PHASE 3 105,000

VERDE VALLEY WHEEL FUN

239 SUN UP RANCH RD
SEDONA,AZ86351 		  PC TRAILS & YOUTH CYCLING- VERDE VALLEY WHEEL FUN (FUN) 2021 PROGRAM SUPPORT 73,458

WESTERN CONSERVATION FOUNDATION

1675 LARIMER STREET SUITE 420
DENVER,CO80202 		  PC CLEAN ENERGY - GENERAL OPERATING SUPPORT - WESTERN CLEAN ENERGY 370,000

WESTERN RESOURCE ADVOCATES

2260 BASELINE ROAD SUITE 200
BOULDER,CO80302 		  PC CLEAN ENERGY - WESTERN UTILITY DECARBONIZATION & WATER IN THE WEST & COLORADO TECH INDUSTRY ENGAGEMENT IN CLIMATE IMPLEMENTATION 1,633,727

WINDWARD FUND

1828 L STREET NW SUITE 300-C
WASHINGTON,DC20036 		  PC CLEAN ENERGY SUPPORT FOR BUILDING DECARBONIZATION INDUSTRIAL COALITION AND EXTERNAL AFFAIRS 550,000

ZERO EMISSION TRANSPORTATION ASSOCIATION EDUCATION FUND

659 C STREET SE
WASHINGTON,DC20003 		  PC CLEAN ENERGY - FEDERAL SUPPORT FOR ZERO EMISSION TRANSPORTATION ASSOCIATION EDUCATION FUND 150,000

ZUNI YOUTH ENRICHMENT PROJECT

13 CHIMONI DR
ZUNI,NM87327 		  PC NATIVE PARTNERSHIPS FOLLOWING THE PATH OF OUR ANCESTORS 75,000
Total ................................. bullet3a 23,945,308
bApproved for future payment
Total .................................bullet 3b 0
Form 990-PF (2021)
Form 990-PF (2021)
Page 12
Part XV-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     14 3,128,515  
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 88  
4 Dividends and interest from securities ....          
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 .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 8,365,899  
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) .. 0 14,693,319 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
14,693,319
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-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 (2021)
Form 990-PF (2021)
Page 13
Part XVI
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 (2021)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description