Western Colorado Community Foundation Inc
- Assets
- $118.9m
- Revenue
- $13.2m
- Investments
- $0.0
- Employees
- 11
- Location
- Grand Junction, CO
- Founding
- 11/1996
- Data as of
- 12/2021
- EIN
- 84-1354894
Organization Overview
Western Colorado Community Foundation Inc is located in Grand Junction, CO. The organization was established in 1996. 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, Western Colorado Community Foundation Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Western Colorado Community Foundation 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 12/2021, Western Colorado Community Foundation Inc generated $13.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $6.0m during the year ending 12/2021. While expenses have increased by 8.2% 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, Western Colorado Community Foundation Inc has awarded 638 individual grants totaling $18,761,104. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE CHARITABLE GIVING TO BENEFIT THE RESIDENTS AND COMMUNITIES OF WESTERN COLORADO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WESTERN COLORADO COMMUNITY FOUNDATION RECEIVES AND ACCEPTS DONATIONS TO BE ADMINISTERED TO PROMOTE CHARITABLE GIVING, BUILD AND MANAGE CHARITABLE FUNDS FOR THE COMMUNITY GOOD, AND PROVIDE GRANTS, SCHOLARSHIPS, AND OTHER RESOURCES TO BENEFIT THE RESIDENTS AND COMMUNITIES OF WESTERN COLORADO.
BLUEPRINT TO END HUNGER - WITH FUNDING FROM A PRIVATE FOUNDATION, WE PROVIDED STAFF SUPPORT TO THE MESA COUNTY HUNGER ALLIANCE, A COALITION OF 20+ HUNGER RELIEF ORGANIZATIONS, AND FACILITATED PLANNING AND PREPARATION OF A 5-YEAR PLAN, MESA COUNTY BLUEPRINT TO END HUNGER. IMPLEMENTATION OF ACTION STEPS BEGAN IN 2020 AND CONTINUED IN 2021 WITH THE ASSISTANCE OF A 2-YEAR GRANT.
MENTAL HEALTH AND WELLNESS - OUR COMMUNITY IS SEEING INCREASES IN ANXIETY, DEPRESSION, SUBSTANCE ABUSE, AND CONSIDERATIONS OF SUICIDE IN OUR YOUTH. WE ARE ORGANIZING A PROGRAM INITIATIVE CALLED YOUTHSTRONG THAT INCLUDES CREATION AND DISTRIBUTION OF CLASSROOM PROGRAMS, WEBSITE RESOURCES AND WORKSHOPS TO WORK ON THESE ISSUES.
OUR ENVIRONMENT INITIATIVE CORE STANDS FOR CONSERVATION, OUTDOOR RECREATION AND ENVIRONMENT. WE ORGANIZE SITE VISITS AND EDUCATION OPPORTUNITIES AND AN ANNUAL DONOR GIVING CIRCLE FOR PEOPLE INTERESTED IN FUNDING PROJECTS THAT PRESERVE OUR LANDSCAPES, EXPAND OUTDOOR RECREATION OPPORTUNITIES FOR NEW POPULATION GROUPS, AND WORK ON ISSUES RELATED TO CLEAN AIR AND WATER AND ALTERNATIVE ENERGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Wenzel President/executive Direct | Officer | 40 | $110,843 |
Barb Chamberlin Chair | OfficerTrustee | 1 | $0 |
Mary Beth Buescher Co-Vice Chair | OfficerTrustee | 1 | $0 |
Katie Steele Co-Treasurer | OfficerTrustee | 1 | $0 |
Kim Giannone Co-Vice Chair | OfficerTrustee | 1 | $0 |
Robin Tolan Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $252,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,833,835 |
| Noncash contributions included in lines 1a–1f | $2,373,118 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,085,835 |
| Total Program Service Revenue | $51,046 |
| Investment income | $3,169,567 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $3,515 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,933,516 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,243,479 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,949,540 |
| Grants and other assistance to domestic individuals. | $754,716 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $169,076 |
| Compensation of current officers, directors, key employees. | $73,184 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $461,649 |
| Pension plan accruals and contributions | $15,512 |
| Other employee benefits | $61,434 |
| Payroll taxes | $44,987 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,300 |
| Fees for services: Accounting | $22,711 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $175,858 |
| Fees for services: Other | $64,709 |
| Advertising and promotion | $24,682 |
| Office expenses | $26,944 |
| Information technology | $44,515 |
| Royalties | $0 |
| Occupancy | $56,348 |
| Travel | $13,573 |
| 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 | $1,234 |
| Insurance | $8,980 |
| All other expenses | $11,335 |
| Total functional expenses | $5,973,016 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,608,636 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $214,273 |
| 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 | $28,229 |
| Net Land, buildings, and equipment | $12,228 |
| Investments—publicly traded securities | $94,887,894 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $8,628,846 |
| Other assets | $9,472,686 |
| Total assets | $118,852,792 |
| Accounts payable and accrued expenses | $132,954 |
| Grants payable | $0 |
| 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 | $5,997,773 |
| Total liabilities | $6,130,727 |
| Net assets without donor restrictions | $108,906,404 |
| Net assets with donor restrictions | $3,815,661 |
| 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 | $118,852,792 |
Grants Awarded
Over the last fiscal year, Western Colorado Community Foundation Inc has awarded $3,525,022 in support to 125 organizations.
| Grant Recipient | Amount |
|---|---|
Grand Junction, CO PURPOSE: FOOD, NUTRITION | $302,021 |
Grand Junction, CO PURPOSE: HEALTH AND WELLNESS | $170,150 |
Grand Junction, CO PURPOSE: HOUSING, SHELTER | $167,553 |
Grand Junction, CO PURPOSE: HUMAN SERVICE | $126,213 |
Grand Junction, CO PURPOSE: HUMAN SERVICE | $124,738 |
Grand Junction, CO PURPOSE: YOUTH DEVELOPMENT | $107,753 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Western Colorado Community Foundation Inc has recieved totaling $275,480.
| Awarding Organization | Amount |
|---|---|
Wilson Family Foundation Grand Junction, CO PURPOSE: OPERATING SUPPORT AND UNRESTRICTED GRANT FUND | $100,000 |
The Colorado Health Foundation Denver, CO PURPOSE: STRENGTHEN COMMUNITY HEALTH | $85,000 |
Bacon Family Foundation Grand Junction, CO PURPOSE: 25TH ANNIVERSARY. | $25,000 |
Barron Family Foundation Inc Potomac, MD PURPOSE: FOR ASSISTANCE IN PROVIDING RESOURCES TO BENEFIT THE RESIDENTS AND COMMUNITIES IN WESTERN COLORADO. | $22,000 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $17,379 |
Bacon Family Foundation Grand Junction, CO PURPOSE: FUNDS FOR THE MENTAL HEALTH INITIATIVE PROGRAM. | $10,000 |
Endowment Analysis
| Beg. Balance | $77,330,195 |
| Earnings | $15,440,990 |
| Admin Expense | $1,040,034 |
| Net Contributions | $5,420,160 |
| Grants | $3,081,392 |
| Ending Balance | $94,069,919 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Greater Manhattan Community Foundation Manhattan, KS | $138,440,801 | $66,806,194 |
Jewishcolorado Denver, CO | $81,767,824 | $13,645,129 |
Community Foundation For Southern Arizona Tucson, AZ | $172,311,447 | $35,644,345 |
The Community Foundation Boulder, CO | $79,799,287 | $19,282,047 |
Wyoming Community Foundation Laramie, WY | $214,898,852 | $21,534,093 |
Community Foundation Of Northern Colorado Fort Collins, CO | $185,330,639 | $37,336,720 |
Jewish Community Foundation Of Southern Arizona Tucson, AZ | $157,844,908 | $29,193,344 |
Yampa Valley Community Foundation Steamboat Springs, CO | $51,851,485 | $30,806,242 |