Mary Elizabeth Bates Foundation
- Assets
- $2.9m
- Revenue
- $334.7k
- Investments
- $2.8m
- Employees
- 0
- Location
- Conifer, CO
- Founding
- 06/1960
- Data as of
- 12/2021
- EIN
- 84-6028054
Organization Overview
Mary Elizabeth Bates Foundation is located in Conifer, CO. The organization was established in 1960. 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. Mary Elizabeth Bates 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 12/2021, Mary Elizabeth Bates Foundation generated $334.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $363.8k during the year ending 12/2021. While expenses have increased by 11.0% 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 2016, Mary Elizabeth Bates Foundation has awarded 198 individual grants totaling $965,404. 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 |
|---|---|---|---|
Ryan Kargol Director | 5 | $8,000 | |
Rebecca A Wolfe Director | 1 | $7,000 | |
Jan Wolfe Director | 1 | $7,000 | |
Daniel K Wolfe IV Director | 1 | $7,000 | |
Marilyn C Brisco Director | 1 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $80,000 |
| Interest on Savings | $15 |
| Dividends & Interest | $254,666 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $334,681 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $34,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,917 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,000 |
| Printing and publications | $0 |
| Other expenses | $2,301 |
| Total operating and administrative expenses | $47,818 |
| Contributions, gifts, grants paid | $316,000 |
| Total expenses and disbursements | $363,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,301 |
| Savings and temporary cash investments | $0 |
| 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 | $2,852,358 |
| 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, Mary Elizabeth Bates Foundation has awarded $316,000 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
Conifer, CO PURPOSE: DONATION | $35,000 |
COLORADO HUMANE SOCIETY SPCA INC PURPOSE: DONATION | $24,000 |
Denver, CO PURPOSE: DONATION | $24,000 |
ARK VALLEY HUMANE SOCIETY-SUNSHINE SHELTER PURPOSE: DONATION | $12,300 |
Colorado Springs, CO PURPOSE: DONATION | $11,400 |
Divide, CO PURPOSE: DONATION | $10,400 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mary Elizabeth Bates Foundation has recieved totaling $2,510,363.
| Awarding Organization | Amount |
|---|---|
Dr Mary E Bates Trust Fund Conifer, CO PURPOSE: DONATION | $2,510,363 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Walter Scott Family Foundation Omaha, NE | $596,551,475 | $88,689,053 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Buffett Early Childhood Fund Omaha, NE | $9,728,090 | $31,407,344 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |
Jon And Karen Huntsman Foundation Salt Lake City, UT | $0 | $68,260,311 |
El Pomar Foundation Colorado Springs, CO | $452,441,260 | $71,471,160 |
George S Eccles And Delores Dore Eccles Foundation Salt Lake City, UT | $0 | $176,040,595 |
The Lozier Foundation Omaha, NE | $440,536,134 | $84,469,210 |
Catena Foundation Carbondale, CO | $397,661,850 | $217,833,912 |
People-People-People Foundation Dated 4-19-2018 Scottsdale, AZ | $10,000,014 | $37,338,865 |