Greenhouse Scholars

Organization Overview

Greenhouse Scholars is located in Boulder, CO. The organization was established in 2005. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2021, Greenhouse Scholars employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenhouse Scholars 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, Greenhouse Scholars generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 10.9% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO CREATE A COMMUNITY OF LEADERS WHO WILL EVOLVE THE COMMUNITIES OF THE WORLD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FINANCIAL SUPPORT (26%): THERE ARE TWO AVENUES FOR SCHOLARS TO RECEIVE FINANCIAL SUPPORT: 1) FLEX FUNDING: SCHOLARS SUBMIT PROPOSALS TO PURSUE STUDY ABROAD, THESIS RESEARCH, LIVING COSTS DURING SUMMER INTERNSHIPS, VOLUNTEER SERVICE PROGRAMS, SUPPLEMENTAL COURSEWORK, GRADUATE SCHOOL TEST PREPARATION, AND MORE. THESE OPPORTUNITIES ARE FUNDAMENTAL TO THE FULL COLLEGE EXPERIENCE, BUT THEY ARE ADDITIONAL TO THE COST OF TUITION AND OFTEN NOT FEASIBLE FOR LOWINCOME STUDENTS. THIS HIGHLY CUSTOMIZED RESOURCE ENCOURAGES SCHOLARS' LEADERSHIP POTENTIAL, COMMUNITY INVOLVEMENT, PROFESSIONAL DEVELOPMENT, AND RELENTLESS SPIRIT. GRANTS ARE MADE IN AMOUNTS UP TO 2,000 PER PROJECT AND ARE REVIEWED ON A COMPETITIVE BASIS THROUGHOUT THE YEAR. 2) TUITION SCHOLARSHIP: EACH GREENHOUSE SCHOLAR RECEIVES UP TO 5,000 PER ACADEMIC YEAR, BASED ON THEIR FEDERAL APPLICATION FOR STUDENT AID (FAFSA), FINANCIAL AID AWARD PACKAGE, OUTSIDE SCHOLARSHIPS, AND UNIVERSITY COST OF ATTENDANCE.SCHOLARS MUST MEET PROGRAM ACCOUNTABILITY REQUIREMENTS TO QUALIFY, AND PAYMENT IS MADE DIRECTLY TO THE UNIVERSITY.


SUMMER SYMPOSIUM (10%): THE SUMMER SYMPOSIUM IS GREENHOUSE SCHOLARS' MOST IMPORTANT ANNUAL PROGRAM EVENT. IT BRINGS ALL THE SCHOLARS TOGETHER FOR WORKSHOPS, SPEAKERS, PANEL DISCUSSIONS, AND GROUP PROJECTS. THIS ANNUAL, FOUR-DAY CONFERENCE ALLOWS SCHOLARS TO INTERACT WITH ONE ANOTHER AND WITH RENOWNED PROFESSIONAL AND ACADEMIC LEADERS FROM ALL OVER THE WORLD. THE HIGHLY PARTICIPATORY EVENT FOCUSES ON VALUES-BASED LEADERSHIP TRAINING.


IMPACT (9%): A STRATEGIC FRAMEWORK TO ENABLE EACH SCHOLAR TO ELEVATE THEIR IMPACT AND TAKE ACTION, BOTH INDIVIDUALLY AND AS A GROUP, TO POSITIVELY CHANGE AND INSPIRE YOUNGER GENERATIONS OF STUDENTS FROM LOW-INCOME COMMUNITIES. IMPACT CONSISTS OF 3 DIFFERENT APPROACHES: 1) INDIVIDUAL IMPACT PLANS, 2) COMMUNITY IMPACT INITIATIVES, AND 3) PRESENTATIONS AT LOW-INCOME MIDDLE AND HIGH SCHOOLS.


MENTORSHIP: THIS PROGRAM PROVIDES GREENHOUSE SCHOLARS ONE-ON-ONE ENCOURAGEMENT AND GUIDANCE, INSPIRING THEM TO ACHIEVE MORE THAN THEY COULD ALONE. MENTORS SHARE THEIR OWN PERSONAL EXPERIENCES FROM COLLEGE, CAREER, AND LIFE. THEY ARE A KEY SOURCE OF KNOWLEDGE AND EXPERIENCE FOR THE SCHOLARS. SKILLS MODULES: THE BROAD RANGE OF OUR COMMUNITY'S EXPERTISE IS SHARED WITH OUR SCHOLARS THROUGH TARGETED, MODULAR ONLINE CONTENT TO HELP DEVELOP PERSONAL AND PROFESSIONAL SKILLS. SCHOLARS CAN ACCESS SKILLS MODULES AT THEIR DISCRETION AT ANY POINT DURING THEIR TIME IN THE PROGRAM, TRACK THEIR PROGRESS, MAKE NOTES, AND COMPLETE QUIZZES AND ASSESSMENTS TO SHARPEN THEIR SKILLS AND KNOWLEDGE. INTERNSHIP: SCHOLARS ARE REQUIRED TO COMPLETE AT LEAST ONE INTERNSHIP OF 200+ HOURS BEFORE THE BEGINNING OF THEIR SENIOR YEAR; OFTEN IT IS THEIR FIRST FORAY INTO THE PROFESSIONAL ARENA. THE ORGANIZATION COLLABORATES WITH PROFESSIONAL CONTACTS AND CORPORATE PARTNERS TO ASSIST SCHOLARS IN FINDING, APPLYING FOR, AND MAKING THE MOST OF THEIR INTERNSHIP EXPERIENCES. PROFESSIONAL NETWORKING: SCHOLARS HAVE ACCESS TO SUCCESSFUL ROLE MODELS AND LEADERS WITHIN THE GREENHOUSE SCHOLARS COMMUNITY WHO VOLUNTEER TO MEET ONE-ON-ONE, BROADENING SCHOLARS' NETWORKS AND CONNECTIONS. THIS DIVERSE NETWORK MOTIVATES SCHOLARS TO THINK STRATEGICALLY ABOUT THEIR DIRECTION AND IMPACT AND PROVIDES ESSENTIAL INSIGHTS AND CONNECTIONS INTO THE PROFESSIONAL WORLD. HIGH SCHOOL OUTREACH: GREENHOUSE SCHOLARS BUILDS PARTNERSHIPS AND RELATIONSHIPS WITH COUNSELORS, PRINCIPALS AND ADMINISTRATORS IN LOW-INCOME HIGH SCHOOLS AND WITH NONPROFIT ORGANIZATIONS SERVING UNDERRESOURCED STUDENTS. THROUGH IN-PERSON VISITS, MAILINGS, AND POSTINGS ON ONLINE DATABASES, THE ORGANIZATION INFORMS STUDENTS ABOUT GREENHOUSE SCHOLARS AND ABOUT COLLEGE AND SCHOLARSHIPS MORE BROADLY. STUDENTS SUBMIT APPLICATIONS, VIDEOS, FINANCIAL INFORMATION, AND COMPLETE PANEL INTERVIEWS AS PART OF A NEW SCHOLAR SELECTION PROCESS THAT INVOLVES 350+ VOLUNTEERS OVER 8 MONTHS. ALUMNI PROGRAM: THE GREENHOUSE SCHOLARS' ALUMNI PROGRAM WILL BE FOUNDED ON THE PRINCIPLE OF ACCOUNTABILITY. WE ARE ACCOUNTABLE FOR PROVIDING VALUE, GUIDANCE, AND LEADERSHIP SKILLS TO THE ALUMNI PARTICIPATING IN OUR PROGRAM. OUR ALUMNI, IN TURN, WILL BE ACCOUNTABLE TO LEVERAGE THE KNOWLEDGE AND RESOURCES THEY ACCESS TO CATALYZE CHANGE IN UNDER-RESOURCED COMMUNITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Andra Pool
Crco
$138,264
Jessica Hogan
COO (outgoin
$107,238
Peter M Burridge
Pres. & CEO
$59,167
Lane Hornug
Director
$0
Richard Tharp
Director
$0
Fred Paulman
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $178,300
All other contributions, gifts, grants, and similar amounts not included above$3,609,772
Noncash contributions included in lines 1a–1f $4,425
Total Revenue from Contributions, Gifts, Grants & Similar$3,788,072
Total Program Service Revenue$0
Investment income $2,387
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,150
Net Income from Fundraising Events -$98,859
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,692,750

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Greenhouse Scholars has recieved totaling $18,450.

Awarding OrganizationAmount
Aec Trust

Wilmington, DE

PURPOSE: THE WHOLE PERSON COLLEGE PROGRAM: CULTIVATING EXTRAORDINARY LEADERS TO CHANGE LOW-INCOME FAMILIES AND COMMUNITIES IN COLORADO AND GEORGIA

$10,000
William And Lisa Mcgahan Family Foundation Inc

Dorado, PR

PURPOSE: GENERAL SUPPORT

$5,000
Thomas & Maura Ryan Family Foundation

Lake Forest, IL

PURPOSE: OPERATING FUNDS

$2,500
The Barr Fund

Chicago, IL

PURPOSE: GENERAL FUND

$500
William And Lisa Mcgahan Family Foundation Inc

Dorado, PR

PURPOSE: GENERAL SUPPORT

$450
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$626,688
Earnings$130,051
Admin Expense-$4,007
Net Contributions$119,759
Ending Balance$872,491

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