Western Colorado Community Foundation Inc
- Assets
- $151.2m
- Revenue
- $57.2m
- Investments
- $0.0
- Employees
- 13
- Location
- Grand Junction, CO
- Founding
- 11/1996
- Data as of
- 12/2022
- 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 12/2022, Western Colorado Community Foundation Inc employed 13 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 12/2022, Western Colorado Community Foundation Inc generated $57.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 27.0% each year . All expenses for the organization totaled $7.0m during the year ending 12/2022. While expenses have increased by 9.3% per year over the past 8 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 773 individual grants totaling $23,039,637. 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
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.
OUR ENVIRONMENT INITIATIVE CORE STANDS FOR CONSERVATION, OUTDOOR RECREATION AND ENVIRONMENT. WE ORGANIZE SITE VISITS, 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, WATER AND ALTERNATIVE ENERGY.
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 2022.
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Giannone Chair | OfficerTrustee | 1 | $0 |
Mary Beth Buescher Vice Chair | OfficerTrustee | 1 | $0 |
Barb Chamberlin Vice Chair | OfficerTrustee | 1 | $0 |
Robin Tolan Secretary | OfficerTrustee | 1 | $0 |
Dan Prinster Treasurer | OfficerTrustee | 1 | $0 |
Jim Brown Director Thru May 2022 | Trustee | 1 | $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 | $13,739,090 |
| Noncash contributions included in lines 1a–1f | $2,371,020 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,739,090 |
| Total Program Service Revenue | $0 |
| Investment income | $2,186,717 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $4,892 |
| Net Rental Income | $161 |
| Net Gain/Loss on Asset Sales | $41,257,650 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $57,197,510 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,771,749 |
| Grants and other assistance to domestic individuals. | $709,003 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $193,754 |
| Compensation of current officers, directors, key employees. | $87,190 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $586,579 |
| Pension plan accruals and contributions | $26,452 |
| Other employee benefits | $72,232 |
| Payroll taxes | $55,968 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,716 |
| Fees for services: Accounting | $25,168 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $184,954 |
| Fees for services: Other | $30,724 |
| Advertising and promotion | $53,434 |
| Office expenses | $32,561 |
| Information technology | $103,052 |
| Royalties | $0 |
| Occupancy | $58,067 |
| Travel | $11,957 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,588 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,783 |
| Insurance | $14,344 |
| All other expenses | $2,379 |
| Total functional expenses | $7,032,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,006,676 |
| Savings and temporary cash investments | $53,526,664 |
| Pledges and grants receivable | $220,000 |
| Accounts receivable, net | $52,146 |
| 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 | $87,968 |
| Net Land, buildings, and equipment | $140,835 |
| Investments—publicly traded securities | $92,103,483 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,400,000 |
| Other assets | $2,691,835 |
| Total assets | $151,229,607 |
| Accounts payable and accrued expenses | $169,863 |
| 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 | $5,337,585 |
| Total liabilities | $5,507,448 |
| Net assets without donor restrictions | $141,897,160 |
| Net assets with donor restrictions | $3,824,999 |
| 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 | $151,229,607 |
Grants Awarded
Over the last fiscal year, Western Colorado Community Foundation Inc has awarded $4,278,533 in support to 135 organizations.
| Grant Recipient | Amount |
|---|---|
ANDY ZANCA YOUTH EMPOWERMENT PROGRAM (AZYEP) PURPOSE: OUTREACH AND GENERAL SUPPORT | $8,500 |
21ST JUDICIAL DISTRICT ATTORNEY'S OFFICE PURPOSE: THE LIGHTHOUSE PROJECT | $110,000 |
ASPCA PURPOSE: GENERAL SUPPORT | $6,000 |
AVALON THEATRE FOUNDATION PURPOSE: CENTENNIAL ANNIVERSARY | $10,000 |
CASA OF THE 7TH JUDICIAL DISTRICT PURPOSE: SPARC YOUTH FORUM, VILLAGE AT SAN JUAN, AND YOUTH MENTAL HEALTH AND LIFESKILLS | $20,000 |
CATS LEAGUE AND ASSISTANCE OF THE WESTERN SLOPE PURPOSE: GENERAL SUPPORT | $19,500 |