The Ovintiv Foundation
- Assets
- $8.0m
- Revenue
- $899.0k
- Investments
- $7.4m
- Employees
- 0
- Location
- Denver, CO
- Founding
- 09/2001
- Data as of
- 12/2021
- EIN
- 76-0663978
Organization Overview
The Ovintiv Foundation is located in Denver, CO. The organization was established in 2001. 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. Ovintiv 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, Ovintiv Foundation generated $899.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $959.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawna I Gibb Secretary | 0.1 | $0 | |
Michael J Liedtke Treasurer/director | 0.1 | $0 | |
Rachel M Moore President/director | 0.1 | $0 | |
Gregory D Givens Director | 0.1 | $0 | |
Stephen C Campbell Vice-President/director | 0.1 | $0 | |
Joanne L Alexander Cox Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $240,401 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $658,628 |
| Capital Gain Net Income | $658,628 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $899,029 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,284 |
| Total operating and administrative expenses | $107,206 |
| Contributions, gifts, grants paid | $851,931 |
| Total expenses and disbursements | $959,137 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $296,877 |
| Savings and temporary cash investments | $268,837 |
| 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 | $1,829,218 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,000,151 |
| 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, The Ovintiv Foundation has awarded $851,931 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Newark, DE PURPOSE: CONTRIBUTIONS TO 501(C)(3) PUBLIC CHARITIES THROUGH MATCHING GIFT PROGRAM. | $586,931 |
Austin, TX PURPOSE: CONTRIBUTION TO SWITCH ENERGY ALLIANCE A 501(C)(3)NON-PROFIT ORGANIZATION DEDICATED TO AN ENERGY-EDUCATED FUTURE. | $200,000 |
New York, NY PURPOSE: SUPPORT CATALYST'S MISSION TO CONTINUE TO ACCELERATE PROGRESS FOR WOMEN THROUGH WORKPLACE INCLUSION. | $40,000 |
JDRF INTERNATIONAL (JUVENILE DIABETES FOUNDATION) PURPOSE: DONATION SUPPORTS RESEARCH AND TREATMENT FOR INDIVIDUALS LIVING WITH TYPE 1 DIABETES. | $25,000 |
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 |