The Community Foundation
- Assets
- $79.8m
- Revenue
- $19.3m
- Investments
- $0.0
- Employees
- 21
- Location
- Boulder, CO
- Founding
- 12/1991
- Data as of
- 12/2020
- EIN
- 84-1171836
Organization Overview
The Community Foundation is located in Boulder, CO. The organization was established in 1991. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Community Foundation employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community 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 12/2020, Community Foundation generated $19.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $13.8m during the year ending 12/2020. While expenses have increased by 9.4% per year over the past 6 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 2019, Community Foundation has awarded 977 individual grants totaling $26,891,397. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.FOR 30 YEARS, THE COMMUNITY FOUNDATION SERVING BOULDER COUNTY (CFBC) HAS BEEN A COMMUNITY CATALYST, RESPONDING TO IMMEDIATE NEEDS AND ANTICIPATING FUTURE CHALLENGES. THROUGH INFORMED DECISION-MAKING, WE INSPIRE IDEAS AND ACTION AND MOBILIZE DIVERSE RESOURCES TO IMPROVE THE QUALITY OF LIFE FOR EVERYONE IN BOULDER COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDE FUNDING AND CREATE CONNECTIONS BETWEEN NONPROFIT ORGANIZATIONS AND THE RESOURCES THEY NEED. WE LOOK TO THESE NONPROFITS TO HELP US RESPOND TO COMMUNITY NEEDS AND OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tatiana Hernandez CEO | OfficerTrustee | 39 | $189,193 |
Jennifer Fulton Anderson CFO And COO | Officer | 49 | $161,691 |
Linda Ricketson VP Philanthropic Giving Sv | Officer | 39 | $151,064 |
Brad Armstrong Vice Chair | OfficerTrustee | 1.4 | $0 |
Sue Anderson Chair | OfficerTrustee | 8.9 | $0 |
James F Williams II Secretary | OfficerTrustee | 2.9 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Greater Horizons Back-office Accounting | 12/30/21 | $135,000 |
Dawn Joyce Consulting Services | 12/30/21 | $124,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $117,961 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,592,927 |
| Noncash contributions included in lines 1a–1f | $4,012,008 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,710,888 |
| Total Program Service Revenue | $65,026 |
| Investment income | $1,111,663 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$68,028 |
| Net Gain/Loss on Asset Sales | $2,470,034 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,282,047 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,447,028 |
| 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. | $537,188 |
| Compensation of current officers, directors, key employees. | $137,962 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $785,965 |
| Pension plan accruals and contributions | $60,763 |
| Other employee benefits | $74,247 |
| Payroll taxes | $83,765 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,013 |
| Fees for services: Accounting | $141,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $158,033 |
| Fees for services: Other | $314,216 |
| Advertising and promotion | $116,473 |
| Office expenses | $15,191 |
| Information technology | $503,483 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $251 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,121 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,813 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $13,793,107 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $418,685 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $255,010 |
| Accounts receivable, net | $26,053 |
| 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 | $40,267 |
| Net Land, buildings, and equipment | $4,618,542 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $89,999 |
| Intangible assets | $0 |
| Other assets | $74,350,731 |
| Total assets | $79,799,287 |
| Accounts payable and accrued expenses | $201,634 |
| Grants payable | $296,959 |
| 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 | $2,888,783 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,358,131 |
| Total liabilities | $8,745,507 |
| Net assets without donor restrictions | $70,856,420 |
| Net assets with donor restrictions | $197,360 |
| 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 | $79,799,287 |
Grants Awarded
Over the last fiscal year, The Community Foundation has awarded $11,035,920 in support to 305 organizations.
| Grant Recipient | Amount |
|---|---|
Denver, CO PURPOSE: For victims of the March 2021 south Boulder shooting | $990,745 |
Longmont, CO PURPOSE: Funding of donor-advised fund and women prison documentary | $535,000 |
Lafayette, CO PURPOSE: Mental health assistance related to Covid-19 and the 2021 south Boulder shooting, general operating support, and various other | $330,150 |
Niwot, CO PURPOSE: Recovery work post Lefthand Canyon/Cal-wood fires | $274,180 |
Boulder, CO PURPOSE: General operating support, endowment, to help those impacted by Covid-19 and Lefthand Canyon/Cal-Wood fires, and car repairs | $215,044 |
Denver, CO PURPOSE: Youth-driven rememberance event, related curriculum, and training related to 2021 south Boulder shooting | $203,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that The Community Foundation has recieved totaling $122,000.
| Awarding Organization | Amount |
|---|---|
Vf Foundation Wilmington, DE PURPOSE: BOULDER COUNTY FIRE RELIEF FUND | $67,000 |
Aec Trust Wilmington, DE PURPOSE: BOULDER COUNTY WILDFIRE FUND | $50,000 |
Singiser Family Foundation Loveland, CO PURPOSE: BOULDER COUNTY FIRE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Omaha Community Foundation Donor Directed Depository Omaha, NE | $49,176,399 | $38,155,808 |
Nebraska Community Foundation Lincoln, NE | $227,749,373 | $20,781,363 |
Oklahoma City Community Foundation Inc Oklahoma City, OK | $855,000,248 | $159,496,642 |
Community Foundation Of Jackson Hole Jackson, WY | $113,990,661 | $47,502,372 |
Rose Community Foundation Denver, CO | $325,610,267 | $15,145,306 |
Lincoln Community Foundation Inc Lincoln, NE | $161,472,860 | $29,470,305 |
Santa Fe Community Foundation Santa Fe, NM | $107,508,749 | $26,179,829 |
The Community Foundation Of Utah Salt Lake City, UT | $90,613,858 | $42,536,089 |
Aspen Community Foundation Basalt, CO | $62,511,754 | $28,301,426 |
Jewish Community Foundation Of Greater Kansas City Overland Park, KS | $291,884,746 | $15,071,209 |
Impact Charitable Denver, CO | $10,724,494 | $21,202,015 |
Greater Salina Community Foundation Salina, KS | $322,187,245 | $17,442,186 |