Vail Snow Sports Foundation
- Assets
- $1.2m
- Revenue
- $223.9k
- Investments
- $1.1m
- Employees
- 0
- Location
- Vail, CO
- Founding
- 09/2006
- Data as of
- 12/2021
- EIN
- 20-5261191
Organization Overview
Vail Snow Sports Foundation is located in Vail, CO. The organization was established in 2006. According to its NTEE Classification (T30) the organization is classified as: Public 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. Vail Snow Sports 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, Vail Snow Sports Foundation generated $223.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 29.5% each year . All expenses for the organization totaled $239.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Vail Snow Sports Foundation has awarded 14 individual grants totaling $369,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristofer Ochs Treasurer, Director | 0.5 | $0 | |
Julie D Leever Board Member | 0.5 | $0 | |
Alexander C Leever Board Member | 0.5 | $0 | |
Harold Leever II Secretary, Director | 0.5 | $0 | |
Daniel H Leever Chairman, Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $26 |
| Dividends & Interest | $23,102 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $200,771 |
| Capital Gain Net Income | $200,771 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2 |
| Total Revenue | $223,901 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,478 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,132 |
| Total operating and administrative expenses | $25,610 |
| Contributions, gifts, grants paid | $214,000 |
| Total expenses and disbursements | $239,610 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $89,742 |
| 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 | $1,076,908 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,166,650 |
| 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, Vail Snow Sports Foundation has awarded $214,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Vail, CO PURPOSE: TO SUPPORT ALPINE SKI RACING ATHLETES INCLUDING COACHING, TRAINING, EQUIPMENT, AND TRAVEL TO NATIONAL AND TO SUPPORT ALPINE SKI RACING ATHLETES INCLUDING COACHING, TRAINING, EQUIPMENT, AND TRAVEL TO NATIONAL AND INTERNATIONAL LEVEL COMPETITIONS. | $115,000 |
ATLAS SOCIETY PURPOSE: TO SUPPORT THE ATLAS SOCIETY WHICH STRIVES TO SUPPORT OBJECTIVISM TO GUIDE LIFE AND CELEBRATE THE REMARKABLE POTENTIAL AND POWER OF THE INDIVIDUAL. | $45,000 |
Carrabassett Valley, ME PURPOSE: TO SUPPORT THE CARRABASSETT VALLEY ACADEMY WHICH FOSTERS FOCUSED INDIVIDUAL STUDENT-ATHLETE DEVELOPMENT BY PROVIDING THE OPTIMUM BALANCE BETWEEN OUTSTANDING COLLEGE PREPARATORY ACADEMICS, RESPONSIBLE COMMUNITY LIVING AND WORLD-CLASS ATHLETIC TRAINING IN COMPETITIVE SKIING AND SNOWBOARDING. | $34,000 |
Waterbury, CT PURPOSE: TO PROMOTE AN ENGAGED, INSPIRED COMMUNITY IN WHICH ALL PEOPLE THRIVE WITH HEALTHY LIVES, QUALITY EDUCATION, AND FINANCIAL STABILITY IN THE GREATER WATERBURY, CONNECTICUT AREA. | $10,000 |
Burr Ridge, IL PURPOSE: TO EXPAND GOVERNMENT TRANSPARENCY BY INPUTING AND ENTERING GOVERNMENT TRANSACTIONS ON THE INTERNET. | $5,000 |
EAGLE COUNTY BMX PURPOSE: TO SUPPORT THE EAGLE COUNTY BMX FACILITY WHICH PROVIDES A SAFE ENVIRONMENT IN WHICH YOUNG PEOPLE CAN BUILD STRONG BODIES, STRONG MINDS AND SELF-ESTEEM WHICH PROVING THEMSELVES AT THEIR OWN PACE. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Communities Foundation Of Oklahoma Inc Oklahoma City, OK | $155,793,943 | $76,729,791 |
Impact Investing Charitable Foundation Inc Overland Park, KS | $59,629,063 | $92,847,262 |
Nebraska Philanthropic Trust Omaha, NE | $2,416,213 | $1,885,786 |
Omni Behavioral Health Omaha, NE | $19,278,605 | $23,477,571 |
Amg Charitable Gift Foundation Greenwood Village, CO | $149,608,626 | $31,189,759 |
Faith Charitable Trust Omaha, NE | $0 | $922,113 |
Peopleforbikes Foundation Boulder, CO | $3,836,789 | $4,747,548 |
Olathe Health System Inc Olathe, KS | $604,759,622 | $8,223,691 |
Grand Teton National Park Foundation Moose, WY | $17,490,260 | $12,374,107 |
Colorado Springs Health Foundation Colorado Springs, CO | $192,761,783 | $20,158,263 |
Community Clinics At Mrh Craig, CO | $2,546,314 | $4,871,469 |
Park City Community Foundation Park City, UT | $23,921,888 | $11,932,031 |