Colorado Historical Foundation

“One easement was expanded from exterior-only to include a portion of the historic interior and to record improved exterior photo documentation. Two other easements were amended to record improved photo documentation as required by state-funded grants. Part ii, line 5 - monitoring and enforcement policy the organization monitors easement compliance on an ongoing basis, using paid staff, and informs the owner of any deficiencies. Any violations are enforced using legal services, if necessary.”

“Preservation easements are intangible assets comprised of listed rights and/or restrictions over the owned property as historic structures and archeological sites, as defined in federal regulations. Preservation easements are granted in perpetuity and stay with the property even if it is sold. The foundation acts as a steward of the rights, ensuring that the property owners or subsequent property owners honor the easement. No value has been assigned to the easements due to the lack of foreseeable future cash flow benefits and absence of a secondary easement market.”

“The colorado historical foundation acts as a fiscal agent for the georgetown loop railroad.”

“The colorado historical foundation holds the balance remaining in the georgetown loop railroad account in escrow for history colorado. Part v, line 4 - intended uses for endowment funds the foundation stewards the following permanently restricted endowments. Except where specifically noted, all endorsements are governed by the foundation's annual distribution and spending policy, and no distributions shall be made which would cause an endowment value to be less than its corpus. In fiscal year 1970, mr. Mcallister conveyed and delivered through history colorado to the foundation property having a cash value of $50,000. The funds, as distributed to the foundation, were to be used to restore, maintain, and preserve the pearce-mcallister cottage (cottage). The agreement provided for history colorado to request disbursements to cover such expenses, and that all assets could be fully expended for the cottage's restoration, maintenance, and preservation, if necessary. In fiscal year 1989, history colorado established the byers-evans house project trust (also known as the center for colorado women's history) through conveyance of $250,000 to the foundation. The entire trust may be used at the discretion of the foundation to preserve, protect, enhance, and perpetuate the byers-evans house project. Disbursements may be made based on requests from history colorado subject to approval by the foundation. In fiscal year 1993, the territorial daughters of colorado conveyed and delivered to the foundation $50,000 in funds transferred from the tdc foundation. The funds, as distributed to the foundation, shall be used for awards recognizing preservation accomplishments in the state of colorado. The corpus shall be the base value adjusted annually by the consumer price index. In fiscal year 1994, history colorado executed a declaration of trust for the el pueblo museum project. The foundation agreed to hold the property in trust for the exclusive use and benefit of el pueblo museum project. This trust shall continue as long as the el pueblo museum is owned and operated by history colorado. In fiscal year 1997, history colorado executed a declaration of trust for the ute museum project. The foundation agreed to hold the property in trust for the exclusive use and benefit of ute museum project. This trust shall continue as long as the ute museum project is owned and operated by history colorado. In fiscal year 2012, william and evelyn mcclearn conveyed a cash donation of $50,000 to the foundation to establish a permanent endowment for the purpose of supporting history colorado's exhibit and educational programs. The william and evelyn mcclearn endowment was established as part of history colorado's make history colorado capital campaign. In fiscal year 2015, jean jackson emery gifted proceeds of $590,747 to the foundation to establish the john w. Emery family endowment for the purpose of supporting history colorado's endeavors for collecting, interpreting, and programming colorado history post-world war ii. In may 2015, charles and faye schayer awarded $210,000 to the foundation to establish a permanent endowment for the purpose of supporting history colorado's education and outreach programs and to provide scholarships to title i schools for program and transportation costs. In fiscal year 2017, history colorado executed an endowment agreement with the foundation to establish the history colorado endowment and transferred donations totaling $396,372 to establish the endowment's corpus. The purpose of the endowment is to support history colorado's exhibits, projects, programs, and properties and operations. In september 2017, william falkenberg established the janis falkenberg endowment at the foundation for the purpose of supporting the stephen h. Hart library (hart research center), including collections and holdings, expansion, and accessibility to the general public. Amounts above the corpus may be requested by history colorado for the above p”

“The foundation applies a more-likely-than-not measurement methodology to reflect the financial statement impact of uncertain tax positions taken or expected to be taken in a tax return. After evaluating the tax positions taken, none are considered to be uncertain; therefore, no amounts have been recognized as of june 30, 2024 and 2023.”