Trask Family Foundation
- Assets
- $1.0m
- Revenue
- $71.1k
- Investments
- $638.5k
- Employees
- 0
- Location
- Littleton, CO
- Founding
- 08/1999
- Data as of
- 12/2022
- EIN
- 84-1500881
Organization Overview
Trask Family Foundation is located in Littleton, CO. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Trask 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 12/2022, Trask Family Foundation generated $71.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $59.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Trask Family Foundation has awarded 39 individual grants totaling $277,400. 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 |
|---|---|---|---|
Laura T Schneider Chairman | 0.5 | $0 | |
Frederick K Trask IV Vice Chairman | 0 | $0 | |
Adam P Trask Secretary | 0 | $0 | |
Jennifer B Trask Treasurer | 0 | $0 | |
Thomas M Schneider Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $49,315 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,265 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,563 |
| Capital Gain Net Income | $10,563 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $71,143 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,586 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,441 |
| Contributions, gifts, grants paid | $51,000 |
| Total expenses and disbursements | $59,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114 |
| Savings and temporary cash investments | $400,003 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,038,568 |
| Accounts payable and accrued expenses | $2,580 |
| 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 | $0 |
| Total liabilities | $2,580 |
Grants Awarded
Over the last fiscal year, Trask Family Foundation has awarded $51,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL CITY OPERA PURPOSE: ARTS | $20,000 |
COLORADO CHILDREN'S CHORALE PURPOSE: CHARITABLE | $10,000 |
CRAIG HOSPITAL FOUNDATION PURPOSE: MEDICAL | $15,000 |
EVANS SCHOLARSHIP FOUNDATION PURPOSE: EDUCATIONAL | $1,000 |
GROTON SCHOOL PURPOSE: EDUCATIONAL | $5,000 |