Womens Foundation Of Colorado Inc
- Assets
- $34.1m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 14
- Location
- Denver, CO
- Founding
- 09/1987
- Data as of
- 03/2022
- 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 03/2022, Womens Foundation Of Colorado Inc employed 14 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 03/2022, Womens Foundation Of Colorado Inc generated $6.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.5% each year . All expenses for the organization totaled $4.3m during the year ending 03/2022. While expenses have increased by 5.7% 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.
Since 2015, Womens Foundation Of Colorado Inc has awarded 645 individual grants totaling $11,637,637. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CATALYZING COMMUNITY TO ADVANCE AND ACCELERATE OPPORTUNITIES FOR COLORADO WOMEN AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
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.
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.
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Y Casteel President/chief Executive Officer | Officer | 40 | $218,723 |
Renee Ferrufino VP Of Development | 40 | $128,405 | |
John Dobey Chief Financial Officer | Officer | 40 | $124,117 |
Louise Myrland VP Of Programs | 40 | $120,363 | |
Joyce Vigil Chair | OfficerTrustee | 1 | $0 |
Adrienne Mansanares Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,113,319 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,504,588 |
| Noncash contributions included in lines 1a–1f | $1,362,909 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,617,907 |
| Total Program Service Revenue | $0 |
| Investment income | $1,173,423 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,373 |
| Net Income from Fundraising Events | -$202,639 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,584,660 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,116,817 |
| 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. | $414,319 |
| Compensation of current officers, directors, key employees. | $182,087 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $965,657 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $69,895 |
| Payroll taxes | $99,047 |
| 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 | $89,939 |
| Fees for services: Other | $159,839 |
| Advertising and promotion | $2,731 |
| Office expenses | $48,873 |
| Information technology | $97,760 |
| Royalties | $0 |
| Occupancy | $53,718 |
| Travel | $52,107 |
| 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 | $7,908 |
| Insurance | $17,190 |
| All other expenses | $0 |
| Total functional expenses | $4,297,228 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $111,920 |
| Pledges and grants receivable | $532,385 |
| Accounts receivable, net | $326,610 |
| 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 | $84,264 |
| Net Land, buildings, and equipment | $18,623 |
| Investments—publicly traded securities | $30,668,416 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,356,119 |
| Total assets | $34,098,337 |
| Accounts payable and accrued expenses | $331,494 |
| Grants payable | $10,925 |
| Deferred revenue | $200,000 |
| 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 | $542,419 |
| Net assets without donor restrictions | $17,582,539 |
| Net assets with donor restrictions | $15,973,379 |
| 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 | $34,098,337 |
Grants Awarded
Over the last fiscal year, Womens Foundation Of Colorado Inc has awarded $1,963,005 in support to 75 organizations.
| Grant Recipient | Amount |
|---|---|
Gallatin Gateway, MT PURPOSE: GRANT FROM A DONOR ADVISED FUND | $160,000 |
Denver, CO PURPOSE: DIRECT SERVICE AND WOMEN AND GIRLS OF COLOR FUND | $74,750 |
Denver, CO PURPOSE: RESEARCH, PUBLIC POLICY GRANT AND DONOR ADVISED FUND PUBLIC POLICY GRANT | $68,500 |
Denver, CO PURPOSE: DIRECT SERVICE AND WOMEN AND GIRLS OF COLOR FUND | $64,750 |
Denver, CO PURPOSE: GRANT FROM A DONOR ADVISED FUND | $59,500 |
Aurora, CO PURPOSE: GRANT FROM DONOR ADVISED FUND, DIRECT SERVICE GRANT AND DONOR ADVISED FUND DIRECT SERVICE GRANT | $59,000 |
Grants Recieved
Over the last fiscal year, we have identified 34 grants that Womens Foundation Of Colorado Inc has recieved totaling $1,812,218.
| Awarding Organization | Amount |
|---|---|
The Aditi Foundation Sioux Falls, SD PURPOSE: GENERAL FUNDING | $400,000 |
Merle Chambers Fund Denver, CO PURPOSE: GENERAL SUPPORT (MULTI-YEAR) | $200,000 |
Kresge Foundation Troy, MI PURPOSE: REDUCING THE WOMEN OF COLOR WEALTH GAP IN COLORADO | $150,000 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $114,636 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $107,123 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $107,123 |
Endowment Analysis
| Beg. Balance | $19,802,809 |
| Earnings | $531,079 |
| Admin Expense | $44,600 |
| Net Contributions | $1,000 |
| Other Expense | $50,000 |
| Grants | $749,917 |
| Ending Balance | $19,490,371 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Independent Living Resource Center Inc Wichita, KS | $8,110,847 | $18,952,514 |
United Cerebral Palsy Of Southern Arizona Inc Tucson, AZ | $12,231,296 | $20,624,462 |
Smith Agency Aurora, CO | $25,654,604 | $17,358,773 |
Colorado Springs Independence Center Colorado Springs, CO | $15,911,959 | $13,576,800 |
Capper Foundation Topeka, KS | $36,358,262 | $11,403,670 |
Greeley Independence Stampede Inc Greeley, CO | $7,936,067 | $10,109,636 |
Disability Supports Of The Great Plains Inc Mcpherson, KS | $17,610,214 | $11,177,441 |
Independent Living Resource Center Albuquerque, NM | $3,325,195 | $9,733,666 |
Cheyenne Village Colorado Springs, CO | $12,734,645 | $9,417,090 |
Sunflower Diversified Services Inc Great Bend, KS | $3,442,876 | $6,596,891 |
Community Alliance Inc Omaha, NE | $22,366,255 | $6,630,659 |
Nonviolence Works Inc Taos, NM | $1,929,520 | $7,008,447 |