Salazar Family Foundation
- Assets
- $28.6m
- Revenue
- $3.8m
- Investments
- $23.3m
- Employees
- 1
- Location
- Denver, CO
- Founding
- 04/2001
- Data as of
- 11/2020
- EIN
- 84-1527129
Organization Overview
Salazar Family Foundation is located in Denver, CO. The organization was established in 2001. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salazar 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 11/2020, Salazar Family Foundation generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $1.6m during the year ending 11/2020. While expenses have increased by 1.1% per year over the past 6 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, Salazar Family Foundation has awarded 17 individual grants totaling $8,804,000. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
GRANTS TO SPECIFIED CHARITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE FINANCIAL ASSISTANCE TO OR FOR THE BENEFIT OF THE DENVER FOUNDATION, MI CASA RESOURCE CENTER AND ESCUELA DE GUADALUPE, WHICH ARE ORGANIZATIONS DESCRIBED IN SECTION 509A.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carmen Mendoza Executive Director | Officer | 30 | $50,000 |
Lola A Salazar President, Director | OfficerTrustee | 1 | $0 |
Michelle Galuszka Director | Trustee | 1 | $0 |
V Robert Salazar Director | Trustee | 1 | $0 |
Monique Lovato Director | Trustee | 1 | $0 |
Sarah Harrison Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $34,683 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $812,648 |
| Net Gain/Loss on Asset Sales | $3,031,221 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,763,712 |
| Statement of Expenses | |
|---|---|
| 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. | $50,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,500 |
| Payroll taxes | $3,890 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $52,038 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,613,950 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,814 |
| Savings and temporary cash investments | $5,220,233 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $23,319,578 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $28,565,625 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $26,328,734 |
| Total liabilities and net assets/fund balances | $28,565,625 |
Grants Awarded
Over the last fiscal year, Salazar Family Foundation has awarded $1,500,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Denver, CO PURPOSE: SUPPORTED ORGANIZATION | $1,315,000 |
Denver, CO PURPOSE: SUPPORTED ORGANIZATION | $125,000 |
Denver, CO PURPOSE: SUPPORTED ORGANIZATION | $60,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northern Arizona University Fdn Inc Flagstaff, AZ | $256,288,832 | $37,761,443 |
New Mexico State University Foundation Inc Las Cruces, NM | $355,498,587 | $111,307,691 |
Washburn University Foundation Topeka, KS | $212,049,839 | $17,810,833 |
Fort Hays State University Foundation Hays, KS | $117,134,366 | $18,921,024 |
University Of Northern Colorado Foundation Inc Greeley, CO | $134,921,327 | $19,470,249 |
Wgu Advancement Salt Lake City, UT | $262,529 | $10,776,481 |
Emporia State University Foundation Emporia, KS | $139,579,484 | $15,768,413 |
University Of Utah Research Foundation Salt Lake City, UT | $360,749,047 | $26,132,674 |
Colorado Mesa University Foundation Grand Junciton, CO | $51,533,089 | $12,141,497 |
Dsst Public Schools Foundation Denver, CO | $32,542,761 | $13,664,687 |
Casper College Foundation Casper, WY | $118,882,238 | $11,522,950 |
San Tan Montessori School Inc Gilbert, AZ | $28,267,534 | $9,003,617 |