Adolph Coors Foundation
- Assets
- $181.7m
- Revenue
- $17.1m
- Investments
- $166.4m
- Employees
- 0
- Location
- Denver, CO
- Founding
- 12/1975
- Data as of
- 11/2022
- EIN
- 51-0172279
Organization Overview
Adolph Coors Foundation is located in Denver, CO. The organization was established in 1975. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Adolph Coors 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 11/2022, Adolph Coors Foundation generated $17.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $13.4m during the year ending 11/2022. While expenses have increased by 18.0% per year over the past 4 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 2020, Adolph Coors Foundation has awarded 591 individual grants totaling $50,604,924. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carrie Coors Tynan Ceo/secretar | 40 | $370,000 | |
Suzi Marchena COO | 40 | $146,641 | |
Carol S Strathman Financial Ma | 40 | $146,137 | |
Cynthia M Kennedy Admin Asst | 40 | $92,000 | |
Elizabeth Losinski Program Offi | 40 | $90,000 | |
Peter H Coors Chairman | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Northern Trust | 11/29/22 | $63,979 |
Capfinancial Partners Llc | 11/29/22 | $119,416 |
Hoplin Jackson | 11/29/22 | $118,256 |
Crosbie Real Estate Group | 11/29/22 | $51,072 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,209 |
| Dividends & Interest | $3,169,636 |
| Net Rental Income | $1,057,474 |
| Net Gain on Sale of Assets | $12,196,130 |
| Capital Gain Net Income | $12,196,130 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $124,209 |
| Total Revenue | $17,055,158 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $370,000 |
| Other employee salaries and wages | $502,868 |
| Pension plans, employee benefits | $191,009 |
| Interest | $0 |
| Taxes | $249 |
| Depreciation | $305,745 |
| Occupancy | $69,808 |
| Travel, conferences, and meetings | $61,971 |
| Printing and publications | $0 |
| Other expenses | $794,155 |
| Total operating and administrative expenses | $2,796,479 |
| Contributions, gifts, grants paid | $10,573,251 |
| Total expenses and disbursements | $13,369,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,859,031 |
| Savings and temporary cash investments | $533,963 |
| 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 | $10,113,139 |
| Investments—mortgage loans | $0 |
| Investments—other | $22,131,184 |
| Net Land, buildings, and equipment | $2,797,770 |
| Other assets | $0 |
| Total assets | $181,746,526 |
| 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 | $219,623 |
| Total liabilities | $219,623 |
Grants Awarded
Over the last fiscal year, Adolph Coors Foundation has awarded $13,431,034 in support to 125 organizations.
| Grant Recipient | Amount |
|---|---|
Alexandria, VA PURPOSE: PROGRAM SPECIFIC | $2,624,000 |
Greenwood Village, CO PURPOSE: PROGRAM SPECIFIC | $800,000 |
Boulder, CO PURPOSE: PROGRAM SPECIFIC | $600,000 |
Denver, CO PURPOSE: GENERAL OPERATIONS | $500,000 |
DONORSTRUST PURPOSE: PROGRAM SPECIFIC | $500,000 |
San Jose, CA PURPOSE: PROGRAM SPECIFIC | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Buffett Early Childhood Fund Omaha, NE | $9,728,090 | $31,407,344 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |
Jon And Karen Huntsman Foundation Salt Lake City, UT | $0 | $68,260,311 |
El Pomar Foundation Colorado Springs, CO | $452,441,260 | $71,471,160 |
George S Eccles And Delores Dore Eccles Foundation Salt Lake City, UT | $0 | $176,040,595 |
The Lozier Foundation Omaha, NE | $440,536,134 | $84,469,210 |
Catena Foundation Carbondale, CO | $397,661,850 | $217,833,912 |
People-People-People Foundation Dated 4-19-2018 Scottsdale, AZ | $10,000,014 | $37,338,865 |
Bob And Renee Parsons Foundation Scottsdale, AZ | $28,086,912 | $26,506,603 |
Temple Hoyne Buell Foundation Denver, CO | $377,422,437 | $27,172,510 |
Dane G Hansen Foundation Logan, KS | $0 | $32,718,108 |