Maxar Foundation
- Assets
- $706.1k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Westminster, CO
- Founding
- Data as of
- 12/2021
- EIN
- 86-2730791
Organization Overview
Maxar Foundation is located in Westminster, CO. 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. Maxar 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, Maxar Foundation generated $1.0m in total revenue. All expenses for the organization totaled $305.7k during the year ending 12/2021. While expenses have increased by 207.3% per year over the past 2 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 2021, Maxar Foundation has awarded 13 individual grants totaling $264,500. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION GRANTS FUNDS TO VARIOUS ORGANIZATIONS WHOSE CHARITABLE MISSION ALIGNS WITH THAT OF MAXAR FOUNDATION. DURING 2021, THE FOUNDATION APPROVED GRANTS TO 14 ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Korneffel President | 2 | $0 | |
Katie Appenrodt Secretary | 1 | $0 | |
Liz Andora Board Member | 1 | $0 | |
Carolyn Pittman Board Member | 1 | $0 | |
Chris Coker Board Member | 0 | $0 | |
Beth Ongun Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,001,700 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $1,001,700 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $939 |
| Total operating and administrative expenses | $31,152 |
| Contributions, gifts, grants paid | $274,500 |
| Total expenses and disbursements | $305,652 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $706,099 |
| 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 | $706,099 |
| Accounts payable and accrued expenses | $51 |
| Grants payable | $10,000 |
| 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 | $10,051 |
Grants Awarded
Over the last fiscal year, Maxar Foundation has awarded $264,500 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
AI4AII PURPOSE: ENGAGE STUDENTS IN STEM | $25,000 |
A SANCTUARY FOR MILITARY FAMILIES DBA PROJECT SANCTUARY PURPOSE: VETERAN ASSISTANCE | $25,000 |
GIVE AN HOUR PURPOSE: VETERAN ASSISTANCE | $25,000 |
Springfield, VA PURPOSE: VETERAN ASSISTANCE | $25,000 |
INJURED MARINE SEMPER FI FUND PURPOSE: VETERAN ASSISTANCE | $25,000 |
FOURBLOCK FOUNDATION PURPOSE: VETERAN ASSISTANCE | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charter Fund Inc Broomfield, CO | $606,047,129 | $251,921,544 |
Anschutz Foundation Denver, CO | $0 | $131,519,142 |
Community Finance Corporation Tucson, AZ | $0 | $59,653,037 |
The Ray And Tye Noorda Foundation Lindon, UT | $188,322,162 | $42,549,813 |
Harold Hamm Foundation Oklahoma City, OK | $15,100,240 | $36,211,204 |
Colorado Trust Denver, CO | $0 | $33,250,092 |
Bohemian Foundation Fort Collins, CO | $90,098,504 | $41,050,944 |
Weitz Family Foundation Omaha, NE | $41,283,061 | $24,036,289 |
Liana Foundation Inc Jackson, WY | $99,821,769 | $1,410,375 |
Mufg Union Bank Foundation Ag Phoenix, AZ | $2,989,069 | $8,302,055 |
Miller Family Foundation Inc Pittsburg, KS | $66,698,223 | $18,550,862 |
Con Alma Health Foundation Santa Fe, NM | $33,283,264 | $4,439,981 |