Colorado School Of Mines Foundation

Organization Overview

Colorado School Of Mines Foundation is located in Golden, CO. The organization was established in 1960. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Colorado School Of Mines Foundation employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado School Of Mines 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 06/2022, Colorado School Of Mines Foundation generated $49.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $46.1m during the year ending 06/2022. While expenses have increased by 2.1% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FINANCIAL RESOURCE DEVELOPMENT AND SUPPORT TO THE COLORADO SCHOOL OF MINES.

Describe the Organization's Program Activity:

PROVIDE FINANCIAL SUPPORT TO THE COLORADO SCHOOL OF MINESAND ITS VARIOUS DEPARTMENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Monticello Associates
Investment Consulting
$200,000
Colorado Legislative Services
Lobby Services
$117,370
View All Vendors

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$30,759,573
Noncash contributions included in lines 1a–1f $2,310,193
Total Revenue from Contributions, Gifts, Grants & Similar$30,759,573
Total Program Service Revenue$3,951,017
Investment income $1,460,143
Tax Exempt Bond Proceeds $0
Royalties $10,904
Net Rental Income $0
Net Gain/Loss on Asset Sales $11,959,347
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $49,131,943

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Colorado School Of Mines Foundation has recieved totaling $4,418.

Awarding OrganizationAmount
Ridge Family Foundation

Seneca, SC

PURPOSE: CONTRIBUTION TO COLLEGE

$3,418
Rohde Foundation

Colorado Springs, CO

PURPOSE: SCHOLARSHIP

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$343,360,416
Earnings-$51,376,431
Net Contributions$35,409,140
Other Expense$19,735,431
Ending Balance$307,657,694

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