Colorado Community College System Foundation
- Assets
- $10.2m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 05/1988
- Data as of
- 06/2022
- EIN
- 84-1070271
Organization Overview
Colorado Community College System Foundation, operating under the name Foundation For Colorado Community Co, is located in Denver, CO. The organization was established in 1988. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Colorado Community Co 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, Foundation For Colorado Community Co generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $2.4m 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.
Since 2015, Foundation For Colorado Community Co has awarded 117 individual grants totaling $8,402,060. 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
TO SUPPORT THE MISSION OF THE COLORADO COMMUNITY COLLEGE SYSTEM BY CREATING PARTNERSHIPS, DEVELOPING RESOURCES, AND ADVOCATING FOR THE VALUE OF A COMMUNITY COLLEGE EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE STUDENT SCHOLARSHIPS AND SUPPORT EDUCATIONAL ACTIVITIES AT VARIOUS COLORADO COMMUNITY COLLEGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christinne Johnson Treasurer | OfficerTrustee | 1 | $0 |
Dr John Trefny Secretary | OfficerTrustee | 1 | $0 |
Mary Spillane Chair | OfficerTrustee | 1.5 | $0 |
Kathryn Albright Director | Trustee | 0.5 | $0 |
Joe Garcia Ex-Officio Voting Member | Trustee | 0.5 | $0 |
Richard Rush Director | Trustee | 0.5 | $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 | $3,704,800 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,704,800 |
| Total Program Service Revenue | $0 |
| Investment income | $99,647 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $283,349 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,087,796 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,229,837 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,870 |
| 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 | $28,206 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30,712 |
| Fees for services: Other | $942 |
| Advertising and promotion | $0 |
| Office expenses | $7,954 |
| 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 | $2,927 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $340 |
| Total functional expenses | $2,362,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,380,182 |
| Pledges and grants receivable | $2,338,268 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,453,943 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,172,393 |
| Accounts payable and accrued expenses | $103,677 |
| Grants payable | $896,620 |
| 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 | $1,000,297 |
| Net assets without donor restrictions | $828,071 |
| Net assets with donor restrictions | $8,344,025 |
| 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 | $10,172,393 |
Grants Awarded
Over the last fiscal year, Colorado Community College System Foundation has awarded $1,443,566 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
COLORADO COMMUNITY COLLEGE SYSTEM PURPOSE: SCHOLARSHIPS | $410,593 |
Colorado Springs, CO PURPOSE: SCHOLARSHIPS | $198,175 |
Westminster, CO PURPOSE: SCHOLARSHIPS | $173,231 |
Pueblo, CO PURPOSE: SCHOLARSHIPS | $134,215 |
Denver, CO PURPOSE: SCHOLARSHIPS | $111,628 |
Lakewood, CO PURPOSE: SCHOLARSHIPS | $94,474 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Colorado Community College System Foundation has recieved totaling $3,100,571.
| Awarding Organization | Amount |
|---|---|
Kaiser Foundation Health Plan Of Colorado Oakland, CA PURPOSE: Kaiser Permanente Equity Scholarship Endowment | $1,000,000 |
Lumina Foundation For Education Inc Indianapolis, IN PURPOSE: TO SUPPORT COLORADO COMMUNITY COLLEGES PARTICIPATION IN INNOVATIVE CREDENTIALS TO ASSOCIATES NETWORK TO INCREASE ADULT LEARNER OF COLOR COMPLETION. | $800,000 |
Pepsico Foundation Inc Purchase, NY PURPOSE: SCHOLARSHIP PROGRAM | $300,000 |
Denver Foundation Denver, CO PURPOSE: THE DEPLOYMENT OF SINGLE STOP AT PIKES PEAK COMMUNITY COLLEGE | $263,000 |
Sturm Family Foundation Denver, CO PURPOSE: FURTHER TAX EXEMPT PURPOSE | $255,504 |
Lumina Foundation For Education Inc Indianapolis, IN PURPOSE: TO SUPPORT COLORADO COMMUNITY COLLEGES PARTICIPATION IN INNOVATIVE CREDENTIALS TO ASSOCIATES NETWORK TO INCREASE ADULT LEARNER OF COLOR COMPLETION. | $175,000 |
Endowment Analysis
| Beg. Balance | $5,595,917 |
| Earnings | -$736,249 |
| Net Contributions | $226,750 |
| Grants | $294,468 |
| Ending Balance | $4,791,950 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Supply Management Inc Tempe, AZ | $18,812,365 | $12,909,076 |
Envision Xpress Inc Wichita, KS | $21,582,294 | $13,602,741 |
Nmc Inc Los Alamos, NM | $8,318,653 | $11,151,295 |
Kansas State Newman Foundation Manhattan, KS | $3,619,556 | $4,925,097 |
Foundation For Tulsa Schools Tulsa, OK | $13,402,243 | $11,567,047 |
Los Alamos National Laboratory Foundation Espanola, NM | $121,206,991 | $6,734,322 |
Friends Of Guadalupe Salt Lake City, UT | $991,216 | $160,574 |
Rockley Family Foundation Inc Golden, CO | $1,094,070 | $6,767,758 |
Castle Rock Lifelong Learning Center Castle Rock, CO | $14,698,293 | $9,801,652 |
Osteopathic Medical Education Consortium Of Oklahoma Inc Tulsa, OK | $3,495,258 | $6,319,915 |
James Megellas Foundation Inc Scottsdale, AZ | $68,107,616 | $5,113,659 |
Steamboat Springs Education Fund Steamboat Springs, CO | $4,415,852 | $5,543,622 |