Community Foundation Trust
- Assets
- $4.0m
- Revenue
- $41.6k
- Investments
- $540.0k
- Employees
- 0
- Location
- Fort Collins, CO
- Founding
- 08/2009
- Data as of
- 06/2021
- EIN
- 26-3421174
Organization Overview
Community Foundation Trust is located in Fort Collins, CO. The organization was established in 2009. According to its NTEE Classification (T19) the organization is classified as: Support N.E.C., 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. Community Foundation Trust 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 06/2021, Community Foundation Trust generated $41.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (44.2%) each year. All expenses for the organization totaled $35.6k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST THE COMMUNITY FOUNDATION OF NORTHERN COLORADO
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S PRIMARY PURPOSE IS TO ASSIST THE COMMUNITY FOUNDATION OF NORTHERN COLORADO, TO PROVIDE, A TRUSTED, LOCAL PLATFORM THAT ENABLES PEOPLE TO GIVE MORE EFFECTIVELY AND TO THINK STRATEGICALLY AND CREATIVELY ABOUT THE FUTURE OF OUR COMMUNITY. TO FACILITATE THIS GOAL, THE ORGANIZATION HOLDS AND MANAGES SPECIAL ASSET DONATIONS AS REQUIRED WHILE THE COMMUNITY FOUNDATION OF NORTHERN COLORADO FULFILLS THE OBLIGATIONS OF THE DONOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray Caraway Chief Executive Officer | Officer | 1 | $0 |
Kristin Todd Chief Executive Officer | Officer | 1 | $0 |
Wendy Banks Chief Financial Officer | Officer | 1 | $0 |
Ella Fahrlander Chief Engagement Officer | Officer | 1 | $0 |
Charles Bouchard Trustee | Trustee | 1 | $0 |
Tom Behr Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,264 |
| Noncash contributions included in lines 1a–1f | $15,264 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,264 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $41,647 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,500 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,383 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $2,856 |
| Total functional expenses | $35,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,980 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $160,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $540,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,200,000 |
| Total assets | $3,950,980 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $43,803 |
| Total liabilities | $43,803 |
| Net assets without donor restrictions | $3,907,177 |
| 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 | $3,950,980 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Community Foundation Trust has recieved totaling $8,500.
| Awarding Organization | Amount |
|---|---|
Serimus Foundation Fort Collins, CO PURPOSE: GIVE NEXT FUND 2019 2020 | $5,000 |
Bodenhamer Foundation Ft Collins, CO PURPOSE: PROVIDE GRANTS FOR NORTH COLORADO | $3,500 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Denver Metro Chamber Leadership Foundation Denver, CO | $8,871,440 | $2,375,145 |
Arizona Grantmakers Forum Phoenix, AZ | $0 | $309,042 |
Micah Foundation Denver, CO | $16,654,123 | $859,488 |
Benjamin Steinmetz Charitable Foundation Wichita, KS | $9,848,915 | $908,333 |
Matt 25 Inc Clovis, NM | $656,694 | $474,342 |
Transformational Opportunities Inc Prescott Valley, AZ | $130,151 | $365,740 |
Charles Lukitsch Charitable Tr Tulsa, OK | $3,766,034 | $123,634 |
Wncc Facilities Corporation Scottsbluff, NE | $0 | $0 |
Milo Swan Foundation Tucson, AZ | $0 | $71,663 |
Community Foundation Trust Fort Collins, CO | $3,950,980 | $41,647 |
Fullerton Foundation Peoria, AZ | $5,221 | $0 |
Los Pueblos Community Council Ribera, NM | $1,006,734 | $7,115 |