First Ascent Charitable Foundation

Organization Overview

First Ascent Charitable Foundation is located in Denver, CO. The organization was established in 2018. 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. First Ascent Charitable 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, First Ascent Charitable Foundation generated $403.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 29.0% each year . All expenses for the organization totaled $303.5k during the year ending 12/2021. While expenses have increased by 4.2% 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 2018, First Ascent Charitable Foundation has awarded 18 individual grants totaling $637,178. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $168,004
Net Rental Income$0
Net Gain on Sale of Assets $235,139
Capital Gain Net Income $235,139
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $403,143

Grants Awarded

Over the last fiscal year, First Ascent Charitable Foundation has awarded $228,879 in support to 7 organizations.

Grant RecipientAmount

AMERICAN INSTITUTE FOR AVALANCHE RESEARCH AND EDUCATION INC

Org PageRecipient Profile

Vail, CO

PURPOSE: AS FOLLOWS: $27K WOMAN INSTRUCTOR TRAINING & $3K UNRESTRICTED USE; $23.5K WOMENS INSTRUCTOR SCHOLARSHIP PROGRAM

$53,500

NATIONAL PHILANTROPIC TRUST

Org PageRecipient Profile

Jenkintown, PA

PURPOSE: TO SUPPORT THE MISSION

$30,379

FRIENDS OF THE COLORADO AVALANCHE INFORMATION CENTER

Org PageRecipient Profile

Evergreen, CO

PURPOSE: SUPPORT AVALANCHE SAFETY FOR RECREATIONAL BACAKCOUNTRY USERS

$30,000

Boulder, CO

PURPOSE: THE GRANTS PROGRAM

$30,000

AMERICAN MOUNTAIN GUIDES ASSOCIATION

Org PageRecipient Profile

Boulder, CO

PURPOSE: THE WOMAN MOUNTAIN GUIDE PROGRAM SCHOLARSHIPS $24K AND $6K UNRESTRICTED USE

$30,000

PROTECT OUR WINTERS

Org PageRecipient Profile

Boulder, CO

PURPOSE: TAKE BACK WINTER INITIATIVE AND GENERAL OPERATING

$30,000
View Grant Profile

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