Womens Foundation Of Colorado Inc
- Assets
- $32.4m
- Revenue
- $6.5m
- Investments
- $660.5k
- Employees
- 15
- Location
- Denver, CO
- Founding
- 09/1987
- Data as of
- 03/2023
- EIN
- 84-1039305
Organization Overview
Womens Foundation Of Colorado Inc is located in Denver, CO. The organization was established in 1987. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 03/2023, Womens Foundation Of Colorado Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womens Foundation Of Colorado Inc 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 03/2023, Womens Foundation Of Colorado Inc generated $6.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $5.7m during the year ending 03/2023. While expenses have increased by 8.8% per year over the past 8 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 2015, Womens Foundation Of Colorado Inc has awarded 615 individual grants totaling $12,064,428. 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
CATALYZING COMMUNITY TO ADVANCE AND ACCELERATE ECONOMIC OPPORTUNITIES FOR COLORADO WOMEN AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONOR-DRIVEN GRANTMAKING AND PHILANTHROPY - THE WOMEN'S FOUNDATION OF COLORADO (WFCO) HOLDS A NUMBER OF GIVING VEHICLES THAT ASSIST INDIVIDUALS AND GROUPS OF INDIVIDUALS IN THEIR PHILANTHROPIC GOALS TO PROMOTE PHILANTHROPY BY AND FOR WOMEN. THESE FUNDS INCLUDE DONOR-ADVISED FUNDS, FIELD OF INTEREST FUNDS, GROUP-ADVISED FUNDS, AND GIVING CIRCLES. WFCO STAFF CONDUCTS DUE DILIGENCE ON EACH GRANTMAKING RECOMMENDATION MADE BY FUND HOLDERS WHICH IS MONITORED BY THE BOARD. ON OCCASION, FUND ADVISORS CO-INVEST IN WFCO'S COMMUNITY INVESTMENTS AND GRANT PUBLIC POLICY SUPPORT.
COMMUNITY ENGAGEMENT - TO INSPIRE AND MOTIVATE INDIVIDUALS TO JOIN THE MOVEMENT TO STRENGTHEN THE COMMUNITY BY IMPROVING ECONOMIC OPPORTUNITIES AND OUTCOMES FOR COLORADO WOMEN AND THEIR FAMILIES, THE WOMEN'S FOUNDATION OF COLORADO GATHERS AND SHARES RESEARCH TO INFORM OUR PROGRAMMATIC AND POLICY WORK, CONNECTS WITH COMMUNITY MEMBERS AT ITS ANNUAL LUNCHEON AND COMMUNITY EDUCATION EVENTS THROUGHOUT THE STATE.
COMMUNITY INVESTMENTS AND GRANTS - WFCO IMPROVES ECONOMIC OUTCOMES FOR WOMEN AND THEIR FAMILIES THROUGHOUT COLORADO BY INVESTING IN ORGANIZATIONS THAT HELP WOMEN EARN LIVABLE WAGES AND ADVANCE TOWARD ECONOMIC SECURITY. WITH GRANTS MADE THROUGH THE WFCO ENDOWMENT AND SEVERAL DONOR-ADVISED FUNDS, WFCO INVESTED IN DIRECT SERVICES THAT PROVIDE JOB TRAINING PROGRAMS, SUPPORT FOR SECURING AND MAINTAINING EMPLOYMENT, AND HOLISTIC SERVICES TO MEET THE NEEDS OF WOMEN AND THEIR FAMILIES.
PUBLIC POLICY SUPPORT - WFCO ADVOCATES FOR PUBLIC POLICIES THAT IMPROVE OPPORTUNITIES FOR COLORADO WOMEN AND FAMILIES TO ACHIEVE ECONOMIC SECURITY BY ADDRESSING ROOT CAUSES OF POVERTY AND ADVANCING EDUCATION AND JOB TRAINING, ACCESS TO WORK SUPPORTS SUCH AS CHILD CARE, AND PAY EQUITY. IN PURSUIT OF THESE PUBLIC POLICY PRIORITIES, WFCO AWARDS GRANTS TO PUBLIC POLICY ORGANIZATIONS WITH ALIGNED GOALS OF SUPPORTING PROGRESS FOR WOMEN AND GIRLS ON THE PATH TO ECONOMIC SECURITY. WFCO ALSO EDUCATES COMMUNITY MEMBERS ABOUT OUR PUBLIC POLICY PRIORITIES AND HOW TO ENGAGE IN ADVOCACY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Faye Tate Chair | OfficerTrustee | 1 | $0 |
Tania Ziegler Secretary | OfficerTrustee | 1 | $0 |
Sonya Marques-Correia Treasurer | OfficerTrustee | 1 | $0 |
Joyce Vigil Past Chair | OfficerTrustee | 1 | $0 |
Courtney Allen-Lussenhop Board Member | Trustee | 1 | $0 |
Danielle Shoots Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,005,692 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,833,767 |
| Noncash contributions included in lines 1a–1f | $174,078 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,839,459 |
| Total Program Service Revenue | $0 |
| Investment income | $820,394 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $663 |
| Net Income from Fundraising Events | -$195,319 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,466,024 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,762,112 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $507,735 |
| Compensation of current officers, directors, key employees. | $227,342 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,328,256 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $109,575 |
| Payroll taxes | $131,676 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $89,322 |
| Fees for services: Other | $295,943 |
| Advertising and promotion | $16,881 |
| Office expenses | $40,375 |
| Information technology | $140,540 |
| Royalties | $0 |
| Occupancy | $77,883 |
| Travel | $81,641 |
| 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 | $71,418 |
| Total functional expenses | $5,744,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $56,639 |
| Pledges and grants receivable | $386,618 |
| Accounts receivable, net | $289,471 |
| 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 | $78,302 |
| Net Land, buildings, and equipment | $11,559 |
| Investments—publicly traded securities | $28,564,897 |
| Investments—other securities | $660,505 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,375,302 |
| Total assets | $32,423,293 |
| Accounts payable and accrued expenses | $680,762 |
| Grants payable | $59,490 |
| Deferred revenue | $100,000 |
| 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 | $840,252 |
| Net assets without donor restrictions | $16,828,269 |
| Net assets with donor restrictions | $14,754,772 |
| 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 | $32,423,293 |
Grants Awarded
Over the last fiscal year, Womens Foundation Of Colorado Inc has awarded $2,548,453 in support to 102 organizations.
| Grant Recipient | Amount |
|---|---|
9 TO 5 PURPOSE: PUBLIC POLICY/PUBLIC POLICY GRANT FROM A DONOR ADVISED FUND | $50,000 |
ADAM'S PURPOSE PURPOSE: WOMEN AND GIRLS OF COLOR FUND | $15,000 |
AFRICA DEVELOPMENT PROMISE PURPOSE: DIRECT SERVICE GRANT FROM BEYOND OUR BORDERS SPECIAL INTEREST FUND | $10,000 |
ALIANZA NORCO PURPOSE: DIRECT SERVICE | $59,570 |
AMIGOS DE SANTA CRUZ PURPOSE: DIRECT SERVICE GRANT FROM BEYOND OUR BORDERS SPECIAL INTEREST FUND | $10,500 |
AMERICAN FRIENDS OF BEAN VOYAGE PURPOSE: DIRECT SERVICE GRANT FROM BEYOND OUR BORDERS SPECIAL INTEREST FUND | $10,000 |