Allen Family Foundation
- Assets
- $1.0m
- Revenue
- $40.3k
- Investments
- $962.8k
- Employees
- 0
- Location
- Columbine Valley, CO
- Founding
- 12/1998
- Data as of
- 12/2023
- EIN
- 84-1441238
Organization Overview
Allen Family Foundation is located in Columbine Valley, CO. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Allen Family 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, Allen Family Foundation generated $40.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $204.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Allen Family Foundation has awarded 128 individual grants totaling $894,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard E Allen President | 0.25 | $0 | |
Lorie H Allen Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $168 |
| Dividends & Interest | $34,596 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,468 |
| Capital Gain Net Income | $5,468 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $60 |
| Total Revenue | $40,292 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $509 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,616 |
| Total operating and administrative expenses | $18,375 |
| Contributions, gifts, grants paid | $186,250 |
| Total expenses and disbursements | $204,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $49,300 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $86,839 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $193 |
| Total assets | $1,012,281 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $398 |
| Total liabilities | $398 |
Grants Awarded
Over the last fiscal year, Allen Family Foundation has awarded $186,250 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
COLORADO STATE UNIVERSITY PURPOSE: $1,000 SCHOLARSHIP FOR DIANA LEWIS | $1,000 |
BIBLE STUDY FELLOWSHIP PURPOSE: GENERAL | $3,000 |
DENVER SEMINARY PURPOSE: DISTANCE EDUCATION - REMOTE TECHNOLOGY PROJECT | $65,000 |
COLORADO MESA UNIVERSITY PURPOSE: $1,000 SCHOLARSHIP FOR ANDREW DE LA VARA | $1,000 |
UNIVERSITY OF COLORADO - BOULDER PURPOSE: $2,000 SCHOLARSHIP FOR LAUREN LEANNE MANDZIAK | $2,000 |
ARAPAHOE COMMUNITY COLLEGE PURPOSE: $1,000 SCHOLARSHIP FOR ELLENA YELIC | $1,000 |