Southern Colorado Community Foundation
- Assets
- $31.3m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 2
- Location
- Pueblo, CO
- Founding
- 11/1998
- Data as of
- 12/2022
- EIN
- 84-1449305
Organization Overview
Southern Colorado Community Foundation is located in Pueblo, CO. The organization was established in 1998. 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, Southern Colorado Community Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Colorado 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 12/2022, Southern Colorado Community Foundation generated $1.8m 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 (10.0%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Southern Colorado Community Foundation has awarded 223 individual grants totaling $9,265,307. 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
SOUTHERN COLORADO COMMUNITY FOUNDATION ENHANCES THE QUALITY OF LIFE AND PROMOTES PHILANTHROPY THROUGH LEADERSHIP, RESOURCES AND TRADITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM AWARDS/DONOR ADVISED AWARDS - DISTRIBUTION OF EARNINGS FROM ENDOWMENTS, PROGRAMS ESTABLISHED BY DONORS AND OTHER DONOR ADVISED FUNDS ESTABLISHED FOR NON-PROFIT AGENCIES BASED ON CRITERIA ESTABLISHED BY DONORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Derose Vice-Preside | OfficerTrustee | 2 | $0 |
Jeffrey Shaw President | OfficerTrustee | 3 | $0 |
Ken West Secretary | OfficerTrustee | 2 | $0 |
Barbara Duff Treasurer | OfficerTrustee | 2 | $0 |
Patsy Cresswell Director | Trustee | 1 | $0 |
Michael Baxter Director | 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 | $770,834 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $770,834 |
| Total Program Service Revenue | $64,375 |
| Investment income | $1,129,562 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$187,397 |
| Net Income from Fundraising Events | $42,577 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,820,056 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,292,487 |
| 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. | $137,500 |
| Compensation of current officers, directors, key employees. | $137,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,512 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,143 |
| Fees for services: Management | $22,782 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $120,017 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,188 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,903 |
| Travel | $0 |
| 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 | $374 |
| Insurance | $3,719 |
| All other expenses | $2,236 |
| Total functional expenses | $2,157,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,251,051 |
| Pledges and grants receivable | $40,815 |
| Accounts receivable, net | $0 |
| 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 | $1,434 |
| Net Land, buildings, and equipment | $46,705 |
| Investments—publicly traded securities | $27,455,697 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,549,097 |
| Total assets | $31,344,799 |
| Accounts payable and accrued expenses | $11,613 |
| 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 | $3,580,198 |
| Total liabilities | $3,591,811 |
| Net assets without donor restrictions | $2,958,673 |
| Net assets with donor restrictions | $24,794,315 |
| 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 | $31,344,799 |
Grants Awarded
Over the last fiscal year, Southern Colorado Community Foundation has awarded $1,292,487 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
Pueblo, CO PURPOSE: EDUCATIONAL PURPOSES | $300,315 |
Pueblo, CO PURPOSE: EDUCATIONAL PURPOSES | $128,811 |
Pueblo, CO PURPOSE: EDUCATIONAL PURPOSES | $100,433 |
SANGRE DE CRISTO ARTS & CONFERENCECENTER PURPOSE: EDUCATIONAL PURPOSES | $100,160 |
Pueblo, CO PURPOSE: EDUCATIONAL PURPOSES | $94,437 |
Pueblo, CO PURPOSE: EDUCATIONAL PURPOSES | $73,070 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Southern Colorado Community Foundation has recieved totaling $7,800.
| Awarding Organization | Amount |
|---|---|
Temple Hoyne Buell Foundation Denver, CO PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
El Pomar Foundation Colorado Springs, CO PURPOSE: 2022 LEADERSHIP PUEBLO ELD SCHOLARSHIPS | $2,800 |
Endowment Analysis
| Beg. Balance | $2,876,043 |
| Earnings | -$372,694 |
| Admin Expense | $23,656 |
| Other Expense | $286,793 |
| Ending Balance | $2,192,900 |
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 |