Blanche C Hill Foundation
- Assets
- $7.1m
- Revenue
- $243.0k
- Investments
- $6.9m
- Employees
- 0
- Location
- Telluride, CO
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 47-1316801
Organization Overview
Blanche C Hill Foundation is located in Telluride, CO. The organization was established in 2014. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Blanche C Hill 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, Blanche C Hill Foundation generated $243.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 45.6% each year . All expenses for the organization totaled $473.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Blanche C Hill Foundation has awarded 55 individual grants totaling $1,592,684. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Fordham President | 18 | $36,000 | |
Robert Kjessel Vice President | 12 | $24,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $154 |
| Interest on Savings | $0 |
| Dividends & Interest | $146,199 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $96,692 |
| Capital Gain Net Income | $96,692 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $243,045 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $24,807 |
| Taxes | $2,711 |
| Depreciation | $0 |
| Occupancy | $19,415 |
| Travel, conferences, and meetings | $177 |
| Printing and publications | $0 |
| Other expenses | $114 |
| Total operating and administrative expenses | $109,967 |
| Contributions, gifts, grants paid | $363,425 |
| Total expenses and disbursements | $473,392 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $96,798 |
| 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 | $62,370 |
| Total assets | $7,052,479 |
| 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, Blanche C Hill Foundation has awarded $363,425 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
CAMFED PURPOSE: GENERAL SUPPORT | $100,000 |
COLORADO MOUNTAIN COLLEGE FOUNDATION PURPOSE: GENERAL SUPPORT | $82,400 |
COLORADO SNOWSPORTS MUSEUM AND HALL OF FAME PURPOSE: GENERAL SUPPORT | $1,500 |
DZI FOUNDATION PURPOSE: GENERAL SUPPORT | $50,000 |
EAGLE VALLEY FAMILY ASSISTANCE FUND PURPOSE: GENERAL SUPPORT | $15,000 |
FOOD BANK OF THE ROCKIES PURPOSE: GENERAL SUPPORT | $15,000 |