Colorado Business Development Foundation
- Assets
- $269.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Littleton, CO
- Founding
- 02/2015
- Data as of
- 12/2021
- EIN
- 47-2118144
Organization Overview
Colorado Business Development Foundation is located in Littleton, 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. Colorado Business Development 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, Colorado Business Development Foundation generated $120.9k in total revenue.
Since 2017, Colorado Business Development Foundation has awarded 25 individual grants totaling $435,795. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION'S MISSION IS TO DEVELOP AND HELP FUND SMALL BUSINESS RESOURCES.
Describe the Organization's Program Activity:
DIRECT AND INDIRECT ONE-ON-ONE BUSINESS CONSULTING
INNOVATION AND OPPORTUNITY CONFERENCE: A TWO-DAY EVENT IN PARTNERSHIP WITH NASA TO ADVANCE AEROSPACE AND DEFENSE OPPORTUNITIES FOR SMALL BUSINESSES.
WOMEN'S CONFERENCE: ONE-DAY EVENT FOR FEMALE ENTREPRENEURS FEATURING ONE-ON-ONE BUSINESS CONSULTING, NETWORKING AND BUSINESS TRAINING SEMINARS.APPROXIMATELY 500 PEOPLE SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Knudsen Executive Director | 10 | $501 | |
Aikta Marcoulier President | 1 | $0 | |
Rosy Aburto Mcdonough Treasurer | 1 | $0 | |
Tia Kavas Secretary | 0.5 | $0 | |
Pete Labarre Director (thru 3/1/2021) | 0.5 | $0 | |
Sharon King Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,467 |
| Total Program Service Revenue | $47,408 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $120,875 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $501 |
| Professional fees and other payments to independent contractors | $24,032 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,186 |
| Total expenses | $60,808 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $253,186 |
| Other assets | $0 |
| Total assets | $269,410 |
| Total liabilities | $10,292 |
| Net assets or fund balances | $259,118 |
Grants Awarded
Over the last fiscal year, Colorado Business Development Foundation has awarded $149,728 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
PIKES PEAK SMALL BUSINESS DEVELOPMENT CENTER (EL PASO COUNTY) PURPOSE: MINORITY, VETERAN AND WOMEN-OWNED BUSINESS CONSULTING AND PROGRAMMING | $46,610 |
Boulder, CO PURPOSE: P2E PROGRAM CONSULTING | $27,440 |
AURORA-SOUTH METRO SBDC (CITY OF AURORA) PURPOSE: MINORITY, VETERAN AND WOMEN-OWNED BUSINESS CONSULTING AND PROGRAMMING | $25,590 |
Limon, CO PURPOSE: CERTIFIED SMALL BUSINESS COMMUNITY CONSULTING AND PROGRAMMING | $24,895 |
RIO BLANCO COUNTY PURPOSE: CERTIFIED SMALL BUSINESS COMMUNITY CONSULTING AND PROGRAMMING | $9,266 |
PROWERS COUNTY ECONOMIC PROSPERITY PURPOSE: CERTIFIED SMALL BUSINESS COMMUNITY CONSULTING AND PROGRAMMING | $5,805 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Colorado Business Development Foundation has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Commerce Foundation Kansas City, MO PURPOSE: USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION. | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Moreno Family Foundation Phoenix, AZ | $117,327,204 | $12,846,787 |
The Dixie And Anne Leavitt Foundation Cedar City, UT | $52,405,557 | $11,398,374 |
Py Foundation Artesia, NM | $56,655,367 | $3,921,217 |
The Cielo Foundation Boulder, CO | $91,518,762 | $7,665,188 |
Merle Chambers Fund Denver, CO | $66,462,880 | $7,349,081 |
Gods Light In The Darkness Foundation Carlbad, NM | $31,530,012 | $790,978 |
Scott W And Betsy D Thornton Family Foundation Park City, UT | $4,627,448 | $2,183,609 |
Mutual Of Omaha Foundation Omaha, NE | $120,899,798 | $13,368,524 |
Claire M Hubbard Foundation Omaha, NE | $31,541,308 | $3,169,912 |
Eugene V And Clare Thaw Charitable Trust Santa Fe, NM | $97,006,761 | $1,880,279 |
Maffei Foundation Denver, CO | $13,828,182 | $18,020,171 |
D F Dillon Foundation Lincoln, NE | $47,396,549 | $3,325,825 |