Larsen Family Foundation
- Assets
- $429.5k
- Revenue
- $64.7k
- Investments
- $417.2k
- Employees
- 0
- Location
- Fort Collins, CO
- Founding
- 04/2005
- Data as of
- 12/2023
- EIN
- 20-2523521
Organization Overview
Larsen Family Foundation is located in Fort Collins, CO. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Larsen Family 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 12/2023, Larsen Family Foundation generated $64.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $20.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Larsen Family Foundation has awarded 108 individual grants totaling $270,920. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha J Larsen Director, President & Trea | 1 | $0 | |
Danial D Larsen Director & Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $69 |
| Dividends & Interest | $4,349 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $60,232 |
| Capital Gain Net Income | $60,232 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $64,650 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $424 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $202 |
| Total operating and administrative expenses | $1,936 |
| Contributions, gifts, grants paid | $18,300 |
| Total expenses and disbursements | $20,236 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,332 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $417,152 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $429,484 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Larsen Family Foundation has awarded $18,300 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
PROJECT SELF SUFFICIENCY PURPOSE: GENERAL SUPPORT | $100 |
LARIMER COUNTY HUMANE SOCIETY PURPOSE: GENERAL SUPPORT | $100 |
ENERGY OUTREACH PURPOSE: GENERAL SUPPORT | $500 |
SALVATION ARMY PURPOSE: GENERAL SUPPORT | $1,000 |
ROCKY MOUNTAIN PBS PURPOSE: GENERAL SUPPORT | $500 |
STEP 13 PURPOSE: GENERAL SUPPORT | $1,000 |