Coleman Family Foundation
- Assets
- $101.8k
- Revenue
- $2.2k
- Investments
- $98.5k
- Employees
- 0
- Location
- Farmington, NM
- Founding
- 12/2004
- Data as of
- 12/2023
- EIN
- 20-1716049
Organization Overview
Coleman Family Foundation is located in Farmington, NM. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Coleman Family 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, Coleman Family Foundation generated $2.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $82.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Coleman Family Foundation has awarded 30 individual grants totaling $186,571. 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 |
|---|---|---|---|
G Chris Coleman Director-President | 1 | $0 | |
Barbara M Coleman Director-Secretary | 1 | $0 | |
Jeffrey E Coleman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $239 |
| Dividends & Interest | $4,593 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,603 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,229 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $35 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $140 |
| Total operating and administrative expenses | $1,799 |
| Contributions, gifts, grants paid | $80,798 |
| Total expenses and disbursements | $82,597 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,241 |
| 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 | $98,531 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $101,772 |
| Accounts payable and accrued expenses | -$74 |
| 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 | -$74 |
Grants Awarded
Over the last fiscal year, Coleman Family Foundation has awarded $80,798 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDHAVEN INC PURPOSE: NON-PROFIT CHILD SHELTER | $10,000 |
FOUR CORNERS FOUNDATION PURPOSE: NON-PROFIT COMMUNITY ASSISTANCE ORGANIZATION | $10,000 |
SAN JUAN COUNTY'S SHERIFF'S OFFICE PURPOSE: NON-PROFIT SERVICE FOUNDATION | $3,000 |
SAN JUAN MEDICAL FOUNDATION PURPOSE: MEDICAL FOUNDATION - CANCER WALK-A-THON | $1,000 |
ST MARY'S CATHOLIC CHURCH PURPOSE: NON-PROFIT CHURCH ORGANIZATION | $15,000 |
THE MAYO CLINIC PURPOSE: HEALTHCARE ORGANIZATION | $30,000 |