2021-05-11T10:00:45-05:00 2020-12-31 Kundinger Corder & Engle PC 475 Lincoln Street Suite 200 Denver CO 80203 990 2020-01-01 611581548 Clyfford Still Museum Foundation CLYF 7203544880 1250 Bannock Street Denver CO 80204 J Landis Martin President 7203544880 2021-05-11 1 J Landis Martin 999009999 Laurie Anderson P01416697 3035345953 2021-05-11 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z J Landis Martin 1250 Bannock Street Denver CO 80204 1192383 0 X N/A X 2011 CO See description for Part III, Line 1 on Schedule O. 5 5 0 5 0 0 0 0 0 0 2383375 -113054 155218 27740 2538593 -85314 3250000 2416667 0 0 0 0 0 0 0 365312 614616 3615312 3031283 -1076719 -3116597 133322699 149227209 237300 4722 133085399 149222487 X See Schedule O.The corporation is organized exclusively for the benefit of Clyfford Still Museum, a Colorado nonprofit organization described in section 501(c)(3) of the Internal Revenue Code. The specific purposes and objectives of the corporation shall include but not be limited to the following:(a) To receive contributions from any source whatsoever and to establish, maintain and administer an endowment fund for the exclusive benefit of Clyfford Still Museum.(b) Subject to the terms of any specific gift, grant, bequest or devise, to make distributions from such endowment fund exclusively for the support of Clyfford Still Museum for its charitable, educational, scientific and literary purposes and for its custody of and care for the Clyfford Still Museum collections. 0 0 2416667 2416667 During 2020, the Foundation made grants totaling $2,416,667 to the Clyfford Still Museum for art conservation and general operating support. 2416667 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X Debbie Linster 7203544870 1250 Bannock Street Denver CO 80204 J Landis Martin President 0.25 X X 0 0 0 Christopher W Hunt Secretary 0.25 X X 0 0 0 Jeremy J Flug Treasurer 0.25 X X 0 0 0 Harold R Logan Director 0.25 X 0 0 0 Marshall F Wallach Director 0.25 X 0 0 0 Dean Sobel Assistant Vice President thru 9/2020 0.25 40.00 X 0 191748 15539 Joan Prusse Assistant Secretary 0.50 40.00 X 0 209967 34788 0 401715 50327 0 0 1 0 Monticello Associates 1800 Larimer St Denver CO 80202 Investment Advisory Services 125000 Select Equity Advisors LLC 380 Lafayette St 6th Floor New York NY 10003 Investment Advisory Services 118326 Highclere International Investors LLP 2 Manchester Square London England UK Investment Advisory Services 116567 3 1112211 1112211 80172 52432 27740 27740 27740 1225265 -1225265 -1225265 -1225265 -85314 0 0 -85314 2416667 2416667 523827 523827 374 374 1575 1575 Shared admin expenses 88840 88840 3031283 2416667 614616 0 2496188 3912809 745 2254646 48535961 60394893 80139366 80266497 2150439 2398364 133322699 149227209 4722 4722 232578 0 237300 4722 X 679559 588770 132405840 148633717 133085399 149222487 133322699 149227209 -3116597 19253685 0 X X 0 1 X 1 0 X X X 1 Clyfford Still Museum 861147083 7 1 2416667 0 1 2416667 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 132405840 18644544 2416667 148633717 112258667 23397173 3250000 132405840 128208933 -12736390 3213876 112258667 108553812 22255121 2600000 128208933 104686082 6995612 3127882 108553812 1.00000 1 0 0 Alternative Funds/Intl. Equities 17470134 F Alternative Funds/Domestic Equities 31833822 F Alternative Funds/Emerging Markets 21439688 F Alternative Funds/Opport. Assets 4599871 F Alternative Funds/Real Estate 4922982 F 80266497 18644544 19253685 19253685 -609141 523827 523827 -85314 2507456 0 2507456 523827 523827 3031283 Form 990, Part V, Line 4 The purpose of the Clyfford Still Museum Foundation endowment fund is to provide support for operations of the Clyfford Still Museum. The endowment fund for paintings conservator is held by the Denver Art Museum Foundation on behalf of the Clyfford Still Museum Foundation to provide on-going support for a paintings conservator position. Central America and the Caribbean 0 0 Passive Investment 48505690 0 0 0 0 0 0 48505690 0 48505690 1 0 1 1 1 0 Part III Accounting Method: 1 Clyfford Still Museum 1250 Bannock Street Denver CO 80204 861147083 170(b)(1)(A)(iv) 2416667 Art conservation and general operating support 1 Part I, Line 2: The Foundation only makes grants to the Clyfford Still Museum. Certain members of the Foundation's Board of Directors also serve on the Museum's Board of Directors, to which the use of grant funds are directly reported. 0 1 0 0 0 0 0 0 0 Joan Prusse Assistant Secretary 0 209967 0 0 0 0 0 24166 0 10622 0 244755 0 0 Dean Sobel Assistant Vice President thru 9/2020 0 191748 0 0 0 0 0 5395 0 10144 0 207287 0 0 Schedule J, Part I, Line 4b Joan Prusse participates in an unfunded 457f deferred compensation plan (the Plan). $17,867 was credited to the Plan during 2020 for Ms. Prusse. Form 990, Part VI, Section A, line 6 The Clyfford Still Museum is the sole member of the Clyfford Still Museum Foundation. Form 990, Part VI, Section A, line 7a The Clyfford Still Museum has the authority to elect the board of directors of the Foundation and to approve certain actions of the Foundation board. Form 990, Part VI, Section A, line 7b The Clyfford Still Museum has the authority to elect the board of directors of the Foundation and to approve certain actions of the Foundation board. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed in detail by employees of the Clyfford Still Museum, and then made available to all Museum and Foundation board members electronically before the return is filed with the IRS. Form 990, Part VI, Section B, line 12c Disclosures are obtained from board members annually to report any conflict or potential conflict, as well as affirmation of adherence to the policy. Form 990, Part VI, Section B, line 15 The Foundation has no paid employees, therefore, there is no need for a compensation policy and the answer to line 15 is "N/A". Form 990, Part VI, Section C, line 19 These documents are made available upon request. Part XII, Line 2c The Audit and Finance Committe of the Clyfford Still Museum meets annually with the independent CPA firm to review the results of the current audit and internal control recommendations, if any. The committee also assumes the annual responsibility of approving the selection of the audit firm. There have been no changes to these processes from the prior year. Bannock Acquisition LLC 1250 Bannock Street Denver CO 80204 Real Estate Investment DE 27740 4922982 Clyfford Still Museum Foundation Clyfford Still Museum 1250 Bannock Street Denver CO 80204 861147083 Museum displaying the artworks of Clyfford Still CO 501(c)(3) Line 7 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0