Colorado Springs Health Foundation
- Assets
- $192.8m
- Revenue
- $20.2m
- Investments
- $4.0m
- Employees
- 2
- Location
- Colorado Springs, CO
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 46-1076026
Organization Overview
Colorado Springs Health Foundation is located in Colorado Springs, CO. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Colorado Springs Health Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Springs Health Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Colorado Springs Health Foundation generated $20.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $6.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Colorado Springs Health Foundation has awarded 394 individual grants totaling $32,374,541. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE GRANTS THAT TARGET IMMEDIATE HEALTHCARE NEEDS AND ENCOURAGE HEALTHY LIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2021, COLORADO SPRINGS HEALTH FOUNDATION PAID OUT $6.2M IN GRANTS IN SUPPORT OF ITS MISSION TO TARGET IMMEDIATE HEALTHCARE NEEDS AND ENCOURAGE HEALTHY LIVING.
NONE
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caroline T Davis Executive Director | OfficerTrustee | 40 | $151,181 |
Jamie B Thompson Program Officer | 40 | $104,512 | |
Mia Ramirez Board Secretary | OfficerTrustee | 2 | $0 |
James M Johnson Board Treasurer | OfficerTrustee | 3 | $0 |
R Thayer Tutt Board Chair | OfficerTrustee | 4 | $0 |
Martha Barton Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,766,629 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,766,629 |
| Total Program Service Revenue | $0 |
| Investment income | $1,657,951 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,733,683 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,158,263 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,339,681 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $169,170 |
| Compensation of current officers, directors, key employees. | $33,834 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $106,031 |
| Pension plan accruals and contributions | $5,157 |
| Other employee benefits | $2,435 |
| Payroll taxes | $19,041 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,615 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $166,968 |
| Fees for services: Other | $44,250 |
| Advertising and promotion | $0 |
| Office expenses | $16,685 |
| Information technology | $2,142 |
| Royalties | $0 |
| Occupancy | $7,729 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,939 |
| Insurance | $6,180 |
| All other expenses | $0 |
| Total functional expenses | $6,935,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,681,458 |
| Savings and temporary cash investments | $762,547 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,245 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $183,320,569 |
| Investments—other securities | $3,982,964 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $192,761,783 |
| Accounts payable and accrued expenses | $22,927 |
| Grants payable | $1,843,631 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,866,558 |
| Net assets without donor restrictions | $190,895,225 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $192,761,783 |
Grants Awarded
Over the last fiscal year, Colorado Springs Health Foundation has awarded $6,353,181 in support to 71 organizations.
| Grant Recipient | Amount |
|---|---|
Colorado Springs, CO | | $500,000 |
Colorado Springs, CO | | $500,000 |
Cripple Creek, CO | | $435,986 |
Colorado Springs, CO | | $363,838 |
Colorado Springs, CO | | $350,000 |
San Francisco, CA | | $325,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Colorado Springs Health Foundation has recieved totaling $291.
| Awarding Organization | Amount |
|---|---|
El Pomar Foundation Colorado Springs, CO PURPOSE: PENROSE HOUSE GIFT IN KIND | $291 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amg Charitable Gift Foundation Greenwood Village, CO | $149,608,626 | $31,189,759 |
Faith Charitable Trust Omaha, NE | $0 | $922,113 |
Peopleforbikes Foundation Boulder, CO | $3,836,789 | $4,747,548 |
Olathe Health System Inc Olathe, KS | $604,759,622 | $8,223,691 |
Grand Teton National Park Foundation Moose, WY | $17,490,260 | $12,374,107 |
Colorado Springs Health Foundation Colorado Springs, CO | $192,761,783 | $20,158,263 |
Community Clinics At Mrh Craig, CO | $2,546,314 | $4,871,469 |
Park City Community Foundation Park City, UT | $23,921,888 | $11,932,031 |
Love Family Affiliated Fund Of The Oklahoma City Community Foundation Oklahoma City, OK | $15,024,266 | $3,226,115 |
Cnm Ingenuity Incoproration Albuquerque, NM | $23,986,328 | $5,524,320 |
Pi Foundation Inc Salt Lake City, UT | $42,544,136 | $12,945,919 |
Sun Angel Foundation Inc Tempe, AZ | $37,255,454 | $9,354,798 |