Big Blue Sky Foundation
- Assets
- $1.7m
- Revenue
- $106.8k
- Investments
- $1.6m
- Employees
- 0
- Location
- Aspen, CO
- Founding
- 01/2002
- Data as of
- 12/2023
- EIN
- 91-2157163
Organization Overview
Big Blue Sky Foundation is located in Aspen, CO. The organization was established in 2002. 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. Big Blue Sky 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 12/2023, Big Blue Sky Foundation generated $106.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $419.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Big Blue Sky Foundation has awarded 186 individual grants totaling $3,210,070. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Z Cherry President/director | 1 | $0 | |
Mary C Cherry Cfo/secretary/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $31,953 |
| Dividends & Interest | $18,529 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $56,327 |
| Capital Gain Net Income | $56,617 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $106,809 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $310 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75 |
| Total operating and administrative expenses | $24,603 |
| Contributions, gifts, grants paid | $394,710 |
| Total expenses and disbursements | $419,313 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $109,233 |
| 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 | $1,697,893 |
| 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, Big Blue Sky Foundation has awarded $394,710 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
ANDERSON RANCH ARTS CENTER PURPOSE: GENERAL SUPPORT | $10,000 |
ASPEN EDUCATION FOUNDATION PURPOSE: GENERAL SUPPORT | $25,000 |
ASPEN HIGH SCHOOL PURPOSE: GENERAL SUPPORT | $1,000 |
ASPEN VALLEY HOSPITAL FOUNDATION PURPOSE: GENERAL SUPPORT | $5,000 |
ASPEN YOUTH CENTER PURPOSE: GENERAL SUPPORT | $2,500 |
ATHENAEUM MUSIC & ART LIBRARY PURPOSE: GENERAL SUPPORT | $2,500 |