Catalyst Foundation is located in Cherry Hills Village, CO. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Catalyst 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 12/2022, Catalyst Foundation generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 26.2% each year . All expenses for the organization totaled $207.1k during the year ending 12/2022. While expenses have increased by 16.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Catalyst Foundation has awarded 165 individual grants totaling $900,419. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WAS FORMED TO FINANCIALLY SUPPORT AND ENCOURAGE NON-PROFIT ORGANIZATIONS INVOLVED IN THE RELIED OF THE POOR AND THE UNDERPRIVILEDGED; HEALTH AND HUMAN CARE AND SOCIAL SERVICES; THE ARTS; EDUCATION; THE ENVIRONMENT AND SCIENTIFIC RESEARCH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jennifer K Hopkins Director | 2 | $0 | |
Mark J Hopkins Director | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $390,102 |
Interest on Savings | $0 |
Dividends & Interest | $223,810 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $1,190,620 |
Capital Gain Net Income | $1,190,620 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $1,804,532 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $7,623 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $40,082 |
Contributions, gifts, grants paid | $167,050 |
Total expenses and disbursements | $207,132 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $278,021 |
Savings and temporary cash investments | $0 |
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 | $6,581,654 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $7,287,534 |
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 |
Over the last fiscal year, Catalyst Foundation has awarded $167,050 in support to 19 organizations.
Grant Recipient | Amount |
---|---|
CIVICO PURPOSE: GENERAL PURPOSE | $50,000 |
BUSTED HALO PURPOSE: GENERAL PURPOSE | $25,000 |
COLORADO 14'ERS INITIATIVE PURPOSE: GENERAL PURPOSE | $100 |
DENVER MUSEUM OF NATURAL HISTORY PURPOSE: GENERAL PURPOSE | $12,500 |
FRIENDS OF VAIL MTN RESCUE PURPOSE: GENERAL PURPOSE | $500 |
CRAIG HOSPITAL FOUNDATION PURPOSE: GENERAL PURPOSE | $18,000 |