Bethany Lutheran Church Foundation
- Assets
- $1.1m
- Revenue
- $19.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Cherry Hills Village, CO
- Founding
- 04/1987
- Data as of
- 12/2023
- EIN
- 84-1027205
Organization Overview
Bethany Lutheran Church Foundation is located in Cherry Hills Village, CO. The organization was established in 1987. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bethany Lutheran Church 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 12/2023, Bethany Lutheran Church Foundation generated $19.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $62.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bethany Lutheran Church Foundation has awarded 14 individual grants totaling $120,387. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AND ESTABLISH STEWARDSHIP OPPORTUNITIES TO BETHANY LUTHERAN CHURCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR 2023, MINISTRY GRANTS WERE AWARDED IN THE AMOUNT OF $49,378 AND CONSTISTED OF THE FOLLOWING: LIV PROJECT (BETHANY LUTHERAN CHURCH FAITH FORMATION TEAM) - $5,000; HOLY HAMMERS/HABITAT FOR HUMANITY - $10,000; HANDS OF THE CARPENTER - $5,000; SKY HIGH HOPE CAMP - $1,500; CENTUS COUNSELING, CONSULTING & EDUCATION - $2,500; VETERAN SERVANT CORPS - $3,000; METRO CARING - $5,000; KARIS COMMUNITY - $2,500; LUTHERAN FAMILY SERVICES ROCKY MOUNTAINS - $2,500; URBAN SERVANT CORP (USC) - $2,500; ACTIVE8 SPORTS, INC. DBA ALL-STARS CLUB - $2,500; SHOWERS FOR ALL - $2,500; SAME CAFE DENVER - $4,878.
SEMINARY AND UNDERGRADUATE SCHOLARSHIPS WHICH BENEFITED SEMINARY STUDENTS ATTENDING EVANGELICAL LUTHERAN CHURCH IN AMERICA (ELCA) INSTITUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Board Treasurer (part Year) | OfficerTrustee | 3 | $0 |
Name Not Listed Board Chair | OfficerTrustee | 4 | $0 |
Name Not Listed Board Secretary (part Year) | OfficerTrustee | 4 | $0 |
Name Not Listed Board Treasurer/secretary | OfficerTrustee | 4 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
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 | $985 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $985 |
| Total Program Service Revenue | $0 |
| Investment income | $28,596 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,001 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,580 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $49,378 |
| Grants and other assistance to domestic individuals. | $3,251 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $62,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $41,931 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,021,349 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,068,280 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,068,280 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,068,280 |
Grants Awarded
Over the last fiscal year, Bethany Lutheran Church Foundation has awarded $28,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BETHANY LUTHERAN CHURCH PURPOSE: Program Operations | $7,500 |
LUTHERAN CAMPUS MINISTRY PURPOSE: College Campus Ministry | $5,500 |
METRO CARING PURPOSE: Food Purchases/Turkey | $5,500 |
HABITAT FOR HUMANITY OF METRO DENVER PURPOSE: Augustana House Build | $10,000 |