Gerald And Virginia Rose Foundation
- Assets
- $2.0m
- Revenue
- $68.3k
- Investments
- $1.9m
- Employees
- 0
- Location
- Hudson, CO
- Founding
- 11/2006
- Data as of
- 12/2022
- EIN
- 20-5160913
Organization Overview
Gerald And Virginia Rose Foundation is located in Hudson, CO. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gerald And Virginia Rose 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 12/2022, Gerald And Virginia Rose Foundation generated $68.3k 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 (3.9%) each year. All expenses for the organization totaled $136.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Gerald And Virginia Rose Foundation has awarded 133 individual grants totaling $807,406. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS IS THE SIXTEENTH YEAR OF ORGANIZATION. GRANTS WERE MADE TO THE METHODIST CHURCH, TO LOCAL RESIDENTS FOR HIGHER EDUCATION, AND TO THE LOCAL 4-H CHAPTER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Mccollum Director | 0.5 | $100 | |
Judy Harper Director | 0 | $0 | |
Sherri Gaspar Director | 3 | $31 | |
Natacha Gaspar Director | 0.5 | $100 | |
Carol Wick Director | 0.5 | $100 | |
Thomas Allen Director | 0.5 | $100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $64,876 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $18,993 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,425 |
| Total Revenue | $68,301 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $531 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,935 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $828 |
| Printing and publications | $0 |
| Other expenses | $471 |
| Total operating and administrative expenses | $5,999 |
| Contributions, gifts, grants paid | $130,000 |
| Total expenses and disbursements | $135,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $58,498 |
| 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 | $1,999,750 |
| 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, Gerald And Virginia Rose Foundation has awarded $130,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
EAGLE COUNTY 4-H PURPOSE: 4-H PROGRAMS | $25,000 |
DIANA TRIFONOVA PURPOSE: COLLEGE EXPENSES | $7,500 |
UNITED METHODIST CHURCH PURPOSE: FOOD BANK ANDOTHER CHURCHACTIVITIES | $2,500 |
RILEY DUDLEY PURPOSE: COLLEGE EXPENSES | $7,500 |
ANNETTE CRUZ PURPOSE: COLLEGE EXPENSES | $7,500 |
BROOKLYN VARGAS PURPOSE: COLLEGE EXPENSES | $7,500 |