Ta Foundation
- Assets
- $2.4m
- Revenue
- $122.4k
- Investments
- $2.1m
- Employees
- 0
- Location
- Vail, CO
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-3072797
Organization Overview
Ta Foundation is located in Vail, CO. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations 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. Ta 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 12/2022, Ta Foundation generated $122.4k 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 (15.5%) each year. All expenses for the organization totaled $137.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (29.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ta Foundation has awarded 108 individual grants totaling $434,209. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SCHOLARSHIPS TO 33 INDIVIDUALS TO PURSUE THE SPORT OF ALPINE SKI RACING.
PROMOTION OF SHERIDAN COLLEGE SKI TEAM.
PROMOTION OF HILLSDALE COLLEGE SKI TEAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel H Leever Chairman, Treasurer, Direc | 0.5 | $0 | |
Kristofer Ochs Secretary, Director | 5 | $0 | |
Harold Leever II Vice President, Director | 0.5 | $0 | |
Julie D Leever Board Member | 0.5 | $0 | |
Alexander C Leever Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,135 |
| Interest on Savings | $1,484 |
| Dividends & Interest | $75,593 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,895 |
| Capital Gain Net Income | $14,895 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $284 |
| Total Revenue | $122,391 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $307 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,664 |
| Total operating and administrative expenses | $12,842 |
| Contributions, gifts, grants paid | $124,500 |
| Total expenses and disbursements | $137,342 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $290,790 |
| 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 | $2,072,199 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,872 |
| Total assets | $2,367,861 |
| 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, Ta Foundation has awarded $124,500 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
AVA JENNISON PURPOSE: TO COVER COSTS ASSOCIATED WITH ALPINE SKI RACING INCLUDING COACHING, TRAINING, EQUIPMENT, AND TRAVEL TO NATIONAL AND INTERNATIONAL LEVEL COMPETITIONS. | $1,000 |
STEFANIE FLECKENSTEIN PURPOSE: TO COVER COSTS ASSOCIATED WITH ALPINE SKI RACING INCLUDING COACHING, TRAINING, EQUIPMENT, AND TRAVEL TO NATIONAL AND INTERNATIONAL LEVEL COMPETITIONS. | $12,500 |
PATRICK KENNEY PURPOSE: TO COVER COSTS ASSOCIATED WITH ALPINE SKI RACING INCLUDING COACHING, TRAINING, EQUIPMENT, AND TRAVEL TO NATIONAL AND INTERNATIONAL LEVEL COMPETITIONS. | $5,000 |
STORM KLOMHAUS PURPOSE: TO COVER COSTS ASSOCIATED WITH ALPINE SKI RACING INCLUDING COACHING, TRAINING, EQUIPMENT, AND TRAVEL TO NATIONAL AND INTERNATIONAL LEVEL COMPETITIONS. | $5,000 |
SAM MORSE PURPOSE: TO COVER COSTS ASSOCIATED WITH ALPINE SKI RACING INCLUDING COACHING, TRAINING, EQUIPMENT, AND TRAVEL TO NATIONAL AND INTERNATIONAL LEVEL COMPETITIONS. | $5,000 |
DUSHA ROMANOV PURPOSE: TO COVER COSTS ASSOCIATED WITH ALPINE SKI RACING INCLUDING COACHING, TRAINING, EQUIPMENT, AND TRAVEL TO NATIONAL AND INTERNATIONAL LEVEL COMPETITIONS. | $1,000 |