Bloedorn Foundation
- Assets
- $2.4m
- Revenue
- $12.4k
- Investments
- $2.2m
- Employees
- 0
- Location
- Ft Morgan, CO
- Founding
- 04/1961
- Data as of
- 12/2022
- EIN
- 84-6025296
Organization Overview
Bloedorn Foundation is located in Ft Morgan, CO. The organization was established in 1961. 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. Bloedorn 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, Bloedorn Foundation generated $12.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (47.3%) each year. All expenses for the organization totaled $184.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bloedorn Foundation has awarded 73 individual grants totaling $405,375. 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 |
|---|---|---|---|
Donald Ostwald Trustee | 1 | $1,000 | |
Corliss Littlefield Trustee | 1 | $1,000 | |
Jerry Jones Trustee | 1 | $1,000 | |
Anna Segura Trustee | 2 | $2,500 | |
Andrew F Mcclary Trustee | 1 | $1,000 | |
David Frick Trustee | 1 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $68,418 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$55,985 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,433 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,165 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $948 |
| Other expenses | $866 |
| Total operating and administrative expenses | $52,353 |
| Contributions, gifts, grants paid | $132,375 |
| Total expenses and disbursements | $184,728 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,299 |
| Savings and temporary cash investments | $127,403 |
| 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 | $787,748 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $903 |
| Total assets | $2,369,862 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Bloedorn Foundation has awarded $132,375 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
BABY BEAR HUGS PURPOSE: PROGRAM SUPPORT | $5,000 |
MCC FOUNDATION PURPOSE: CENTER FOR ARTS & COMMUNITY | $2,500 |
BRUSH SCHOOL DISTRICT RE-2 PURPOSE: SCHOLARSHIPS | $7,500 |
BRUSH SCHOOL DISTRICT RE-2 PURPOSE: SCIENCE FAIR | $300 |
BRUSH SCHOOL DISTRICT RE-2 PURPOSE: AFTER PROM | $500 |
FT MORGAN HERITAGE FOUNDATION PURPOSE: PROGRAM SUPPORT | $2,500 |