Wet Mountain Valley Community Foundation Inc

Organization Overview

Wet Mountain Valley Community Foundation Inc is located in Westcliffe, CO. The organization was established in 2000. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wet Mountain Valley 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 12/2023, Wet Mountain Valley Community Foundation Inc generated $632.2k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $602.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Wet Mountain Valley Community Foundation Inc has awarded 131 individual grants totaling $1,458,339. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

COMMUNITY GRANTS AND SUPPORT OF COMMUNITY BASED PROGRAMS AND SERVICES. THE WET MOUNTAIN VALLEY COMMUNITY FOUNDATION STRENGTHENS TAX EXEMPT ORGANIZATIONS AND PROVIDES DONORS WITH CHARITABLE GIVING OPTIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE WET MOUNTAIN VALLEY COMMUNITY SPIRIT CAMPAIGN IS A PROGRAM OF MATCHING GIFTS AWARDED BY THE COMMUNITY FOUNDATION BASED ON INDIVIDUAL DONATIONS TO TAX-EXEMPT ORGANIZATIONS IN CUSTER COUNTY. COMMUNITY SERVICE GRANTS ARE AWARDED AND GIFTS ARE GIVEN TO NON-PROFIT AGENCIES THAT SUPPORT THE COMMUNITY IN VARIOUS WAYS AND PROVIDE SCHOLARSHIPS FOR HIGHER EDUCATION. PRIMARILY THROUGH THIS CAMPAIGN, WMVCF HAS DISTRIBUTED OVER $5 MILLION TO JUST OVER 100 NON-PROFIT ORGANIZATIONS IN CUSTER COUNTY SINCE THE FOUNDING OF THE COMMUNITY SPIRIT CAMPAIGN IN 1999. GRANTS AND GIFTS HAVE BEEN TO THE ARTS, EDUCATION, RECREATION, HISTORIC PRESERVATION, EMERGENCY SERVICES, HEALTH CARE, LAND CONSERVATION AND RELATED FIELDS OF SERVICE.


THE HIGH MOUNTAIN HAY FEVER CHILDRENS HEALTH FUND IS MANAGED THROUGH A CONTRACTUAL AGREEMENT WITH THE WMVCF. FUNDS ARE AVAILABLE TO LOCAL GOVERNMENTAL AGENCIES AND NONPROFIT ORGANIZATIONS THROUGH A YEARLY GRANT PROCESS. A COMMITTEE OF HEALTH AWARE COMMUNITY MEMBERS IS APPOINTED TO ADMINISTER A GRANT CYCLE PROCESS FOR CHILDRENS PROGRAMS THAT ADDRESS PHYSICAL, EMOTIONAL, SOCIAL, AND EDUCATIONAL HEALTH NEEDS FOR CHILDREN, AGES BIRTH TO 18 YEARS. CONTINUED SUPPORT FOR THE CHILDRENS HEALTH FUND IS BUOYED BY YEARLY GRANTS FROM THE HIGH MOUNTAIN HAY FEVER BLUEGRASS FESTIVAL ASSOCIATION AND OTHER PRIVATE DONATIONS.


THE WMVCF OVERSEES THE REBECCA SAMUELSON FUND FOR THE ARTS. THIS PROGRAM PROVIDES FUNDING FOR YOUTH PROGRAMS AND OPPORTUNITES IN THE ARTS BASED ON A GRANT APPLICATION AND REVIEW PROCESS. THE GOAL OF THIS FUND IS TO PROVIDE AN ENDOWMENT FOR THE ARTS IN CUSTER COUNTY.


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Board, Officers & Key Employees

Name (title)Compensation
Karen Rulo
Director
$0
Mike Pennica
Director
$0
Gina Graham
Director
$0
Bonnie Samuelson
Director
$0
Lucille Didomenico
Director
$0
Cathy Snow
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$504,589
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$504,589
Total Program Service Revenue$73,814
Investment income $22,319
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $31,436
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $632,158

Grants Awarded

Over the last fiscal year, Wet Mountain Valley Community Foundation Inc has awarded $388,402 in support to 24 organizations.

Grant RecipientAmount

CUSTER 2020 DBA ALTITUDE COM FITNES

PURPOSE: HEALTH AND FITNESS

$18,720

CUSTER CTY SEARCH AND RESCUE

PURPOSE: SEARCH RESCUE AND EMERGENCY RESPONSE

$26,883

MISSION WOLF

PURPOSE: WOLF PRESERVATION

$17,492

CUSTER CTY SCHOOLS

PURPOSE: K-12 EDUCATION

$18,458

WET MOUNTAIN BROADCASTING

PURPOSE: COMMUNITY RADIO BROADCASTING

$18,757

WET MOUNTAIN WILDLIFE REHAB

PURPOSE: WILDLIFE PRESERVATION

$19,319
View Grant Profile

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Community Foundation For Southern Arizona
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Jewishcolorado
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$13,684,416
Wyoming Community Foundation
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Albuquerque Community Foundation
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Community Foundation Of Northern Colorado
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Old Pueblo Community Services
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