Certe Foundation Inc
- Assets
- $240.8k
- Revenue
- $16.2k
- Investments
- $225.5k
- Employees
- 0
- Location
- Greenwood Village, CO
- Founding
- 03/1969
- Data as of
- 08/2024
- EIN
- 13-2624114
Organization Overview
Certe Foundation Inc is located in Greenwood Village, CO. The organization was established in 1969. 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. Certe Foundation Inc 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 08/2024, Certe Foundation Inc generated $16.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $26.0k during the year ending 08/2024. As we would expect to see with falling revenues, expenses have declined by (10.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Certe Foundation Inc has awarded 48 individual grants totaling $264,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Frankl President | 0 | $0 | |
Carolyn Frankl Vice President | 0 | $0 | |
Paige Frankl Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $19 |
| Dividends & Interest | $8,368 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,847 |
| Capital Gain Net Income | $7,847 |
| Net ST Capital Gain | $213 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,234 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $4 |
| Taxes | $118 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,979 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $25,979 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,240 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $3,042 |
| 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 | $213,344 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $240,775 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $4,611 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,611 |
Grants Awarded
Over the last fiscal year, Certe Foundation Inc has awarded $20,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
PITZER COLLEGE PURPOSE: GENERAL SUPPORT | $5,000 |
ADL MOUNTAIN STATE PURPOSE: GENERAL SUPPORT | $3,000 |
JUDAISM YOUR WAY PURPOSE: GENERAL SUPPORT | $2,000 |
STEP DENVER PURPOSE: GENERAL SUPPORT | $5,000 |
DAWG NATION HOCKEY FOUNDATION PURPOSE: GENERAL SUPPORT | $5,000 |