The Recovery Foundation

Organization Overview

The Recovery Foundation is located in Greenwood Village, CO. The organization was established in 2019. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Recovery 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, Recovery Foundation generated $156.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.5%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Recovery Foundation has awarded 17 individual grants totaling $2,394,100. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO OPERATE EXCLUSIVELY TO CARRY OUT THE CHARITABLE PURPOSES OF THE DENVER FOUNDATION, CHARITABLE ORGANIZATIONS THAT ARE ORGANIZED AND OPERATED TO ADDRESS MENTAL HEALTH ISSUES FOCUSED ON SUBSTANCE ABUSE IN THE STATE OF COLORADO, AND CHARITABLE ORGANIZATIONS THAT PROVIDE LOW-INCOME HOUSING IN THE STATE OF COLORADO IN A CHARITABLE MANNER

Describe the Organization's Program Activity:

Part 3 - Line 4a

MANAGE ASSETS AND PERFORM ADMINISTRATIVE SERVICES FOR THE DENVER FOUNDATION AND OTHER CHARITABLE ORGANIZATIONS


SUPPORT THE DENVER FOUNDATION AND ITS MISSION AND SUPPORT OTHER CHARITABLE ORGANIZATIONS


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Board, Officers & Key Employees

Name (title)Compensation
Robert Pipkin
Chairman
$0
Kathleen D Crapo
Secretary
$0
Greg Gulley
Treasurer
$0
Laura Conry
Vice Chairman
$0
Patti Robinson
Director
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$30,000
Investment income $78,957
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $47,478
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $156,435

Grants Awarded

Over the last fiscal year, The Recovery Foundation has awarded $1,075,000 in support to 6 organizations.

Grant RecipientAmount

GRANT HORNBUCKLE

PURPOSE: TO SUPPORT CHARITABLE MISSION

$225,000

5280 HIGH SCHOOL CORP

PURPOSE: TO SUPPORT CHARITABLE MISSION

$250,000

ONE CHANCE TO GROW UP-CO NONP

PURPOSE: TO SUPPORT CHARITABLE MISSION

$25,000

SAVIO HOUSE GRANT

PURPOSE: TO SUPPORT CHARITABLE MISSION

$250,000

THE RECOVERY WORKS GRANT

PURPOSE: TO SUPPORT CHARITABLE MISSION

$250,000

VALLEY HOPE ASSOCIATION

PURPOSE: TO SUPPORT CHARITABLE MISSION

$75,000
View Grant Profile

Peer Organizations

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