Clarence V Laguardia Foundation
- Assets
- $7.3m
- Revenue
- $260.6k
- Investments
- $5.4m
- Employees
- 0
- Location
- Littleton, CO
- Founding
- 05/2011
- Data as of
- 06/2022
- EIN
- 27-3514771
Organization Overview
Clarence V Laguardia Foundation is located in Littleton, CO. The organization was established in 2011. 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. Clarence V Laguardia 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 06/2022, Clarence V Laguardia Foundation generated $260.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $749.5k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Clarence V Laguardia Foundation has awarded 57 individual grants totaling $1,577,000. 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 |
|---|---|---|---|
Grant Strong Presidenht | 40 | $114,558 | |
Gary Kring Treasurer | 5 | $12,000 | |
Richard Right Board Member | 5 | $12,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $151,412 |
| Dividends & Interest | $99,595 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,864 |
| Capital Gain Net Income | $12,864 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$3,287 |
| Total Revenue | $260,584 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $138,558 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,608 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $28,521 |
| Total operating and administrative expenses | $236,471 |
| Contributions, gifts, grants paid | $513,000 |
| Total expenses and disbursements | $749,471 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,986 |
| Savings and temporary cash investments | $1,921,776 |
| 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 | $3,471,121 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,340,075 |
| 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, Clarence V Laguardia Foundation has awarded $513,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
COLORADO SCHOOL OF MINES PURPOSE: SCHOLARSHIPS | $62,500 |
DENVER ART MUSEUM PURPOSE: BUILDING | $50,000 |
NATIONAL JEWISH HEALTH PURPOSE: BUILDING | $85,000 |
METROPOLITAN STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $35,000 |
NOIRTH HIGH SCHOOL PURPOSE: SCHOLARSHIPS | $10,000 |
HOSPICE OF MONTEZUMA COUNTY PURPOSE: OPERATING | $5,000 |