Foundation 180 is located in Englewood, CO. The organization was established in 2002. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Foundation 180 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Foundation 180 has awarded 47 individual grants totaling $6,178,082. 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
2023
Describe the Organization's Program Activity:
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed President | 40 | $85,000 | |
Name Not Listed Treasurer | 2.5 | $0 | |
Name Not Listed Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $81,180 |
Net Rental Income | $589 |
Net Gain on Sale of Assets | $2,473,913 |
Capital Gain Net Income | $2,473,913 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $38,295 |
Total Revenue | $2,593,977 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $85,000 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $15,133 |
Depreciation | $0 |
Occupancy | $26,688 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $20,169 |
Total operating and administrative expenses | $180,161 |
Contributions, gifts, grants paid | $2,070,200 |
Total expenses and disbursements | $2,250,361 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $51,968 |
Savings and temporary cash investments | $46,817 |
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 | $2,500,169 |
Net Land, buildings, and equipment | $0 |
Other assets | $899,691 |
Total assets | $3,502,338 |
Accounts payable and accrued expenses | $6,404 |
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 | $31,519 |
Total liabilities | $37,923 |
Over the last fiscal year, Foundation 180 has awarded $2,080,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
THE DENVER FOUNDATION PURPOSE: TO INSPIRE PEOPLE AND MOBILIZE RESOURCES TO STRENGTHEN THE COMMUNITY. | $1,250,000 |
ONE GOOD TURN PURPOSE: TO PROVIDE JOB TRAINING AND HOUSING TO YOUNG PEOPLE FACING CHALLENGING CIRCUMSTANCES. | $820,000 |
COMMUNITY FOUNDATION OF THE HOLLAND ZEELAND AREA PURPOSE: FURTHER THE EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION. | $10,000 |