Pema Foundation Inc
- Assets
- $25.1m
- Revenue
- $2.9m
- Investments
- $23.3m
- Employees
- 0
- Location
- Denver, CO
- Founding
- 11/2003
- Data as of
- 12/2022
- EIN
- 30-0202608
Organization Overview
Pema Foundation Inc is located in Denver, CO. The organization was established in 2003. 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. Pema Foundation Inc 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, Pema Foundation Inc generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $3.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Pema Foundation Inc has awarded 572 individual grants totaling $14,589,476. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter H Coors Director | 0.5 | $0 | |
Marilyn E Coors Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,814,166 |
| Interest on Savings | $0 |
| Dividends & Interest | $630,644 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $405,845 |
| Capital Gain Net Income | $405,845 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,850,655 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $52,651 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,000 |
| Total operating and administrative expenses | $231,809 |
| Contributions, gifts, grants paid | $2,815,250 |
| Total expenses and disbursements | $3,047,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,803,046 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $2,000 |
| 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 | $1,363,478 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $25,118,608 |
| Accounts payable and accrued expenses | $78,213 |
| 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 | $78,213 |
Grants Awarded
Over the last fiscal year, Pema Foundation Inc has awarded $2,815,250 in support to 70 organizations.
| Grant Recipient | Amount |
|---|---|
ACE SCHOLARSHIPS PURPOSE: EDUCATION | $784,250 |
ACM LIFTING LIVES PURPOSE: COMMUNITY | $50,000 |
ALPHA SIGMA NU PURPOSE: COMMUNITY SERVICE | $250 |
AMERICAN ENTERPRISE INSTITUTE PURPOSE: COMMUNITY SERVICE | $375,000 |
AMERICAN RED CROSS PURPOSE: COMMUNITY SERVICE | $25,000 |
ARCHBISHOP'S CATHOLIC APPEAL PURPOSE: RELIGIOUS | $50,000 |