Seisolo Foundation
- Assets
- $5.6m
- Revenue
- $668.6k
- Investments
- $5.2m
- Employees
- 0
- Location
- Boulder, CO
- Founding
- 09/2012
- Data as of
- 12/2021
- EIN
- 45-3811029
Organization Overview
Seisolo Foundation is located in Boulder, CO. The organization was established in 2012. 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. Seisolo 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 12/2021, Seisolo Foundation generated $668.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $657.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Seisolo Foundation has awarded 139 individual grants totaling $9,439,000. 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 |
|---|---|---|---|
Marion Thurnauer President/treas | 2 | $0 | |
Alexander Trifunac Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $92,028 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $568,914 |
| Capital Gain Net Income | $568,914 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,637 |
| Total Revenue | $668,579 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,020 |
| Taxes | $5,062 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,068 |
| Total operating and administrative expenses | $52,928 |
| Contributions, gifts, grants paid | $605,000 |
| Total expenses and disbursements | $657,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,672 |
| Savings and temporary cash investments | $332,239 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,560,202 |
| 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, Seisolo Foundation has awarded $1,755,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF COLORADO FOUNDATION PURPOSE: GIFT DESIGNATED TO INCREASE THE ENDOWMENT OF NORIS GRADUATE STUDENT AWARDS FUND. PROVIDES SUPPORT FOR AWARDS TO GRADUATE STUDENTS IN THE COLLEGE OF MUSIC AT THE UNIVERSITY OF COLORADO BOULDER. | $700,000 |
BOULDER BACH FESTIVAL PURPOSE: SUPPORT FOR BOULDER BACH FESTIVAL CONCERT AND EDUCATIONAL PROGRAMMING. THE FUNDS WILL BE USED FOR PROGRAMMING THAT CAN BE INTERCHANGEABLE AND ADAPTABLE BETWEEN LIVE AND ONLINE AS NECESSARY IN RECOGNITION OF IMPACT OF COVID-19. | $150,000 |
Boulder, CO PURPOSE: SUPPORT FOR EDUCATION AND COMMUNITY ENGAGEMENT WITH PRESCHOOL TO ADULT PROGRAMS INCLUDING: COMMUNITY OUTREACH TO YOUNG STUDENTS (PRESCHOOL THROUGH HIGH SCHOOL) THROUGH IN-SCHOOL MUSIC EDUCATION AND THE DISCOVERY CONCERTS IN WHICH APPROXIMATELY 6000 STUDENTS IN GRADES 3-6 ATTEND AN INTERACTIVE ORCHESTRA PERFORMANCE; EMERGING COMPOSERS (HIGH SCHOOL MENTEES/COLLEGE MENTORS); NATURE AND MUSIC HIKES (ADULTS). THE PROGRAMS ARE MODIFIED AS NECESSARY IN RECOGNITION OF COVID-19 IMPACT ON BOULDER PHILHARMONIC EDUCATION PROGRAMMING. | $150,000 |
BOULDER BACH FESTIVAL PURPOSE: SUPPORT FOR BOULDER BACH FESTIVAL CONCERT AND EDUCATIONAL PROGRAMMING. THE FUNDS WILL BE USED FOR PROGRAMMING THAT CAN BE INTERCHANGEABLE AND ADAPTABLE BETWEEN LIVE AND ONLINE AS NECESSARY IN RECOGNITION OF IMPACT OF COVID-19. | $150,000 |
COLO MUSIC FESTIVALCTR FOR MUSICAL ARTS PURPOSE: HEARTSTRINGS PROGRAM ENSURES THAT EVERY STUDENT IS ABLE TO ACCESS MUSIC STUDY AND PERFORMANCE. SPECIFICALLY, A COMBINATION OF ONLINE AND IN PERSON CLASSES WILL BE OFFERED. THE FUNDS WILL SUPPORT COLLABORATIONS WITH I HAVE A DREAM OF BOULDER COUNTY STUDENTS. | $100,000 |
UNIVERSITY OF COLORADO FOUNDATION PURPOSE: GIFT DESIGNATED TO INCREASE THE ENDOWMENT OF NORIS GRADUATE STUDENT AWARDS FUND. PROVIDES SUPPORT FOR AWARDS TO GRADUATE STUDENTS IN THE COLLEGE OF MUSIC AT THE UNIVERSITY OF COLORADO BOULDER. | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sorenson Legacy Foundation Midvale, UT | $495,708,411 | $38,649,828 |
Diane And Bruce Halle Foundation Scottsdale, AZ | $130,264 | $31,307,586 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |
William K Warren Foundation Tulsa, OK | $318,898,600 | $38,179,587 |
Kennys Kids Sedona, AZ | $0 | $509,065 |
Brent Eley Center Inc Aurora, CO | $0 | $0 |
Boettcher Foundation Denver, CO | $266,743,315 | $22,782,794 |
Charityvision International Inc Provo, UT | $7,076,179 | $9,590,152 |
R Foundation Kaysville, UT | $410,534 | $5,235,533 |
The Piton Foundation Denver, CO | $212,611,882 | $13,782,087 |
Stonewall Foundation Tucson, AZ | $0 | $109,268 |
Ssb Charitable Foundation Colorado Springs, CO | $10,867,168 | $21,135,487 |