People › State Board of Education
Kathleen Gebhardt
State Board of Education
Personal Financial Disclosures
Income listed: up to $219,997; debts: up to $2,000,000 on their latest disclosure with entries: the top of each range they selected, added up (the form asks for ranges, not amounts; a range with no top counts at its figure).
| Statement | Filed | What it lists |
|---|
2026 Annual
State Board of Education | 2026-01-17 | 3 income sources, 2 assets, 2 colorado property, 1 offices and directorships, 1 debts |
2025
State Board of Education | 2025-01-10 | 2 colorado property, 1 offices and directorships, 1 state-regulated businesses, 6 debts |
Findings
Worth a look Gifts
$200 in gifts from COLORADO ASSOCIATION OF SCHOOL BOARDS in 2026, over the gift ban's $75 limit
Their own gift reports list 1 item from COLORADO ASSOCIATION OF SCHOOL BOARDS received in 2026, worth $200.00 in all: 2026 retreat ($200.00). The Colorado Constitution's gift ban limits what an official may accept from one person in a calendar year to $75 (as adjusted for inflation), with exceptions: food and admission where they speak or answer questions, a nonprofit's or government's reasonable expenses for a meeting where they take part, gifts from relatives and personal friends on a special occasion, tokens and informational material, and anything they paid fair value for. Reporting a gift is required either way; the report doesn't say which exception, if any, applies.
What to check- Whether an exception in art. XXIX, sec. 3(3) applies: a speaking role or scheduled program, a nonprofit (under 5% for-profit funding) or government paying for a meeting they took part in, a relative or personal friend, or payment of fair value by the official.
- The Independent Ethics Commission's advisory opinions and letter rulings on similar gifts.
- The report itself in TRACER (Supplemental Reports: Gifts, Honoraria and Other Benefits).
Rule: Gifts over the gift ban's limit
“shall solicit, accept or receive any gift or other thing of value having either a fair market value or aggregate actual cost greater than fifty dollars ($50) in any calendar year”Colorado Constitution, art. XXIX, sec. 3(2) (the Independent Ethics Commission's copy); the limit is $75 from 2023 (IEC Position Statement 23-01) ✓ quoted from the saved copy · how this rule works
Context Gifts
$595 in gifts from COLORADO ASSOCIATION OF SCHOOL EXECUTIVES (CASE) CONFERENCE in 2026, over the gift ban's $75 limit unless an exception applies
Their own gift reports list 1 item from COLORADO ASSOCIATION OF SCHOOL EXECUTIVES (CASE) CONFERENCE received in 2026, worth $595.00 in all: 2026 winter conference ($595.00). The Colorado Constitution's gift ban limits what an official may accept from one person in a calendar year to $75 (as adjusted for inflation), with exceptions: food and admission where they speak or answer questions, a nonprofit's or government's reasonable expenses for a meeting where they take part, gifts from relatives and personal friends on a special occasion, tokens and informational material, and anything they paid fair value for. The description (“conference”) suggests one may apply. Reporting a gift is required either way; the report doesn't say which exception, if any, applies.
What to check- Whether an exception in art. XXIX, sec. 3(3) applies: a speaking role or scheduled program, a nonprofit (under 5% for-profit funding) or government paying for a meeting they took part in, a relative or personal friend, or payment of fair value by the official.
- The Independent Ethics Commission's advisory opinions and letter rulings on similar gifts.
- The report itself in TRACER (Supplemental Reports: Gifts, Honoraria and Other Benefits).
Rule: Gifts over the gift ban's limit
“shall solicit, accept or receive any gift or other thing of value having either a fair market value or aggregate actual cost greater than fifty dollars ($50) in any calendar year”Colorado Constitution, art. XXIX, sec. 3(2) (the Independent Ethics Commission's copy); the limit is $75 from 2023 (IEC Position Statement 23-01) ✓ quoted from the saved copy · how this rule works
Context Gifts
$655 in gifts from COLORADO ASSOCIATION OF SCHOOL EXECUTIVES (CASE) WINTER CONFERENCE in 2025, over the gift ban's $75 limit unless an exception applies
Their own gift reports list 1 item from COLORADO ASSOCIATION OF SCHOOL EXECUTIVES (CASE) WINTER CONFERENCE received in 2025, worth $655.00 in all: 2025 winter conference ($655.00). The Colorado Constitution's gift ban limits what an official may accept from one person in a calendar year to $75 (as adjusted for inflation), with exceptions: food and admission where they speak or answer questions, a nonprofit's or government's reasonable expenses for a meeting where they take part, gifts from relatives and personal friends on a special occasion, tokens and informational material, and anything they paid fair value for. The description (“conference”) suggests one may apply. Reporting a gift is required either way; the report doesn't say which exception, if any, applies.
What to check- Whether an exception in art. XXIX, sec. 3(3) applies: a speaking role or scheduled program, a nonprofit (under 5% for-profit funding) or government paying for a meeting they took part in, a relative or personal friend, or payment of fair value by the official.
- The Independent Ethics Commission's advisory opinions and letter rulings on similar gifts.
- The report itself in TRACER (Supplemental Reports: Gifts, Honoraria and Other Benefits).
Rule: Gifts over the gift ban's limit
“shall solicit, accept or receive any gift or other thing of value having either a fair market value or aggregate actual cost greater than fifty dollars ($50) in any calendar year”Colorado Constitution, art. XXIX, sec. 3(2) (the Independent Ethics Commission's copy); the limit is $75 from 2023 (IEC Position Statement 23-01) ✓ quoted from the saved copy · how this rule works
Context Gifts
$455 in gifts from COLORADO ASSOCIATION OF SCHOOL EXECUTIVES (CASE) CONFERENCE in 2025, over the gift ban's $75 limit unless an exception applies
Their own gift reports list 1 item from COLORADO ASSOCIATION OF SCHOOL EXECUTIVES (CASE) CONFERENCE received in 2025, worth $455.00 in all: Conference registration ($455.00). The Colorado Constitution's gift ban limits what an official may accept from one person in a calendar year to $75 (as adjusted for inflation), with exceptions: food and admission where they speak or answer questions, a nonprofit's or government's reasonable expenses for a meeting where they take part, gifts from relatives and personal friends on a special occasion, tokens and informational material, and anything they paid fair value for. The description (“conference”) suggests one may apply. Reporting a gift is required either way; the report doesn't say which exception, if any, applies.
What to check- Whether an exception in art. XXIX, sec. 3(3) applies: a speaking role or scheduled program, a nonprofit (under 5% for-profit funding) or government paying for a meeting they took part in, a relative or personal friend, or payment of fair value by the official.
- The Independent Ethics Commission's advisory opinions and letter rulings on similar gifts.
- The report itself in TRACER (Supplemental Reports: Gifts, Honoraria and Other Benefits).
Rule: Gifts over the gift ban's limit
“shall solicit, accept or receive any gift or other thing of value having either a fair market value or aggregate actual cost greater than fifty dollars ($50) in any calendar year”Colorado Constitution, art. XXIX, sec. 3(2) (the Independent Ethics Commission's copy); the limit is $75 from 2023 (IEC Position Statement 23-01) ✓ quoted from the saved copy · how this rule works
Gifts they reported
What Kathleen Gebhardt listed on their quarterly reports of gifts, honoraria and other benefits since 2024: $1,905 across 4 items from 3 sources. Givers who are clients of a registered lobbyist are marked.
| From | What, when | Value |
|---|
COLORADO ASSOCIATION OF SCHOOL EXECUTIVES (CASE) CONFERENCE
$1,050 in all | 2026 WINTER CONFERENCE · 2026-02-19 | $595 |
| CONFERENCE REGISTRATION · 2025-07-23 | $455 |
COLORADO ASSOCIATION OF SCHOOL EXECUTIVES (CASE) WINTER CONFERENCE
$655 in all | 2025 WINTER CONFERENCE · 2025-02-19 | $655 |
COLORADO ASSOCIATION OF SCHOOL BOARDS
$200 in all · lobbyist's client | 2026 RETREAT · 2026-01-23 | $200 |
From the reports in TRACER (search them: Gifts and Honoraria Report). Officials file one each quarter in which they receive a reportable item (C.R.S. 24-6-203).