Alan Lasater Outreach Foundation
- Assets
- $2.3m
- Revenue
- $104.1k
- Investments
- $2.2m
- Employees
- 0
- Location
- Boulder, CO
- Founding
- 09/2015
- Data as of
- 12/2021
- EIN
- 47-4083243
Organization Overview
Alan Lasater Outreach Foundation is located in Boulder, 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. Alan Lasater Outreach Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Alan Lasater Outreach Foundation has awarded 37 individual grants totaling $473,577. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2016, LEGAL FEES WERE PAID FOR FORMATION OF THE FOUNDATION, INCLUDING INCORPORATION, DRAFTING OF ALL CORPORATE DOCUMENTS, BYLAWS, CONFLICT OF INTEREST POLICY, ORGANIZATIONAL MINUTES AND OTHER DOCUMENTS RELATED TO GRANTING SCHOLARSHIPS, AND PREPARATION AND FILING THE APPLICATION FOR RECOGNITION AS A TAX EXEMPT PRIVATE FOUNDATION. IN ADDITION, LEGAL FEES WERE INCURRED TO RESOLVE A DISPUTE AFFECTING THE BASIC METHOD OF FUNDING OF THE FOUNDATION. THESE FEES WERE REASONABLE AND NECESSARY TO ACCOMPLISH THE FOUNDATION'S CHARITABLE PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally Lasater President | 8 | $0 | |
Sandra Schuster Secretary | 1 | $0 | |
Isolde Stewart Board Member | 1 | $0 | |
Randal Davis Treasurer | 6 | $0 | |
Jeanne Gieck Board Member | 1 | $0 | |
Gregory Sorenson Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6 |
| Dividends & Interest | $73,216 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $30,900 |
| Capital Gain Net Income | $30,900 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $104,122 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,841 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,409 |
| Total operating and administrative expenses | $30,000 |
| Contributions, gifts, grants paid | $126,429 |
| Total expenses and disbursements | $156,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $92,485 |
| 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 | $1,637,749 |
| Net Land, buildings, and equipment | $358 |
| Other assets | $0 |
| Total assets | $2,283,709 |
| 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, Alan Lasater Outreach Foundation has awarded $126,429 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
SARA REIM PURPOSE: HIGHER EDUCATION | $25,001 |
TAYLOR WARNECKE PURPOSE: HIGHER EDUCATION | $24,025 |
MEAGAN MORROW PURPOSE: HIGHER EDUCATION | $19,120 |
MICHAEL RODE PURPOSE: HIGHER EDUCATION | $17,336 |
ANDREW HOWARD PURPOSE: HIGHER EDUCATION | $14,025 |
DELANEY HEGGER PURPOSE: HIGHER EDUCATION | $11,325 |
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 |