Colorado Gives Foundation
- Assets
- $477.7m
- Revenue
- $96.7m
- Investments
- $140.7m
- Employees
- 26
- Location
- Arvada, CO
- Founding
- 06/1975
- Data as of
- 12/2022
- EIN
- 51-0157964
Organization Overview
Colorado Gives Foundation is located in Arvada, CO. The organization was established in 1975. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Colorado Gives Foundation employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Gives 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, Colorado Gives Foundation generated $96.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $106.3m during the year ending 12/2022. While expenses have increased by 9.4% per year over the past 8 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.
Since 2014, Colorado Gives Foundation has awarded 13,428 individual grants totaling $556,981,428. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE CONNECT IDEAS, PEOPLE AND NONPROFITS TO MAKE GOOD HAPPEN.
Describe the Organization's Program Activity:
COLORADO GIVES FOUNDATION HAS BEEN CONNECTING DONORS AND INNOVATIVE COLORADO NONPROFITS SINCE 1975. AS THE COMMUNITY FOUNDATION SERVING JEFFERSON COUNTY (JEFFCO), COLORADO, WE ARE COMMITTED TO ACTIVATING IDEAS, PEOPLE AND RESOURCES SO THAT ALL JEFFCO COMMUNITIES HAVE THE OPPORTUNITY TO THRIVE. WE HELP DONORS WITH PHILANTHROPIC PLANNING, SUPPORT NONPROFITS WITH GRANTS AND RESOURCES, AND TOGETHER, BUILD RESILIENT AND CONNECTED COMMUNITIES. OUR WORK IS ROOTED IN RADICAL LISTENING AND A COMMITTMENT TO EQUITY AND INCLUSION. THE FOUNDATION ALSO PRESENTS COLORADOGIVES.ORG, A YEAR-ROUND GIVING WEBSITE FEATURING MORE THAN 3,300 NONPROFITS. CONTINUED ON SCH O.COLORADOGIVES.ORG POWERS COLORADO GIVES DAY, AN ANNUAL STATEWIDE MOVEMENT TO INCREASE ONLINE GIVING. THE FOUNDATION IS A LEADER IN STRENGTHENING THE NONPROFIT SECTOR. WE ALSO PROVIDE LOCAL NONPROFITS WITH FREE-OF-CHARGE MEETING SPACE. OUR FREE MEETING SPACE REMAINED CLOSED IN 2020 & 2021 DUE TO THE COVID PANDEMIC BUT REOPENED AT THE END OF 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly S Dunkin President & CEO | OfficerTrustee | 40 | $322,479 |
Stacey Pool Secretary | OfficerTrustee | 2 | $0 |
Shelley A Marquez Vice Chair | OfficerTrustee | 4 | $0 |
Joy Johnson Director | Trustee | 1 | $0 |
David L Bomberger Director | Trustee | 1 | $0 |
Aaron Azari Chair | OfficerTrustee | 6 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fortnight Collective Consultant | 12/30/22 | $285,835 |
Morgan Stanley Global Banking Investment Consultant | 12/30/22 | $475,323 |
Gyan-i Inc Information Technology Consulting & Supp | 12/30/22 | $197,060 |
Mightycause Technology Provider | 12/30/22 | $127,254 |
Veronica Shoultz Business Systems Support | 12/30/22 | $111,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $85,946,207 |
| Noncash contributions included in lines 1a–1f | $405,658 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,946,207 |
| Total Program Service Revenue | $0 |
| Investment income | $6,146,806 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,741,180 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $96,739,646 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $98,294,145 |
| Grants and other assistance to domestic individuals. | $12,430 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $673,673 |
| Compensation of current officers, directors, key employees. | $366,144 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,328,135 |
| Pension plan accruals and contributions | $134,482 |
| Other employee benefits | $464,755 |
| Payroll taxes | $226,364 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $42,531 |
| Fees for services: Accounting | $46,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $322,768 |
| Fees for services: Other | $515,741 |
| Advertising and promotion | $287,153 |
| Office expenses | $54,682 |
| Information technology | $138,370 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,533 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $42,702 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $291,259 |
| Insurance | $0 |
| All other expenses | $27,555 |
| Total functional expenses | $106,302,413 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,318,541 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $175,599 |
| Net Land, buildings, and equipment | $3,333,760 |
| Investments—publicly traded securities | $322,655,827 |
| Investments—other securities | $140,696,335 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,554,024 |
| Total assets | $477,734,086 |
| Accounts payable and accrued expenses | $1,407,101 |
| Grants payable | $5,561,184 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $44,981,751 |
| Total liabilities | $51,950,036 |
| Net assets without donor restrictions | $389,204,078 |
| Net assets with donor restrictions | $36,579,972 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $477,734,086 |
Grants Awarded
Over the last fiscal year, Colorado Gives Foundation has awarded $91,029,467 in support to 1,900 organizations.
| Grant Recipient | Amount |
|---|---|
THE COMMUNITY FOUNDATION SERVING BOULDER COUNTY PURPOSE: GENERAL PURPOSE | $5,829,603 |
VITALANT PURPOSE: GENERAL PURPOSE | $4,518,592 |
SCL HEALTH - FRONT RANGE INC PURPOSE: GENERAL PURPOSE | $2,377,348 |
FOOD BANK OF THE ROCKIES PURPOSE: GENERAL PURPOSE | $1,347,728 |
HUNGER FREE COLORADO PURPOSE: GENERAL PURPOSE | $974,298 |
COLORADO HEALING FUND PURPOSE: GENERAL PURPOSE | $1,575,455 |