Harvest Foundation is located in Colorado Spgs, CO. The organization was established in 2015. 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. Harvest 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 12/2023, Harvest Foundation generated $30.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $20.7k during the year ending 12/2023. While expenses have increased by 0.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS A PRIVATE CHARITABLE NON-OPERATING FOUNDATION HARVEST FOUNDATION IS PRECLUDED FROM OPERATING DIRECTLY IN THE CHARITY FIELD. THE ORGANIZATION MAKES LARGE MONETARY DONATIONS TO THOSE CHARITABLE OPERATING FOUNDATIONS THAT ARE AUTHORIZED TO MAKE SUCH EFFORTS. DONEES ARE LISTED ELSEWHERE IN THIS 990-PF BUT THEY INCLUDE ORGANIZATIONS SERVING OVER 2.5 MILLION CHILDREN INTERNATIONALLY. OUR ACTUAL DONATION AMOUNTS ARE LISTED ELSEWHERE IN THIS RETURN AS WELL. NOTE: HARVEST FOUNDATION IS NOT CLAIMING EXPENSES FOR THIS YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Stappenbeck Board Member Board Member | 20 | $0 | |
Barbara Stappenbeck Board Member Board Member | 20 | $0 | |
Rachel Stappenbeck Board Member | 10 | $0 | |
Daniel Stappenbeck Board Member | 10 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $25,827 |
Interest on Savings | $0 |
Dividends & Interest | $4,019 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $579 |
Total Revenue | $30,425 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $32 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $32 |
Contributions, gifts, grants paid | $20,620 |
Total expenses and disbursements | $20,652 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $43,342 |
Savings and temporary cash investments | $0 |
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 | $137,116 |
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 |
Over the last fiscal year, Harvest Foundation has awarded $20,620 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
COMPASSION INTERNATIONAL PURPOSE: COMMUNITY CHILD WELFARE DEVELOPMENT | $19,145 |
BANGLADESH CHRISTIAN MISSION PURPOSE: UNDERPRIVILEGED SCHOOL EDUCATION CONTRIBUTION | $500 |
LIFE NETWORK PURPOSE: CHILD WELFARE CONTRIBUTION | $225 |
CAMP COMO PURPOSE: EDUCATIONAL RELIGIOUS PURPOSES CHILDREN | $500 |
MISSIONS OF HOPE INTERNATIONAL PURPOSE: KENYA DISADVANTAGED FAMILIES | $250 |