Colorado Mountain Club Foundation
- Assets
- $1.0m
- Revenue
- $141.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Golden, CO
- Founding
- 11/1973
- Data as of
- 10/2022
- EIN
- 23-7319139
Organization Overview
Colorado Mountain Club Foundation is located in Golden, CO. The organization was established in 1973. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Mountain Club 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 10/2022, Colorado Mountain Club Foundation generated $141.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $513.3k during the year ending 10/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Colorado Mountain Club Foundation has awarded 22 individual grants totaling $1,154,342. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE, MANAGE AND DISTRIBUTE FUNDS TO SUPPORT THE STEWARDSHIP, CONSERVATION, EDUCATION AND OTHER PROGRAMS OF THE COLORADO MOUNTAIN CLUB AND SIMILAR ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COLORADO MOUNTAIN CLUB FOUNDATION AWARDS GRANTS FOR PURPOSE CONSISTENT WITH THE STATEMENT OF PURPOSE ADOPTED BY THE FOUNDERS OF THE COLORADO MOUNTAIN CLUB IN 1912. THE COLORADO MOUNTAIN CLUB FOUNDATION AWARDED A GENERAL GRANT OF $90,000 TO THE COLORADO MOUNTAIN CLUB IN 2022.
THE COLORADO MOUNTAIN CLUB FOUNDATION IS IN POSSESSION OF A FEW RESTRICTED ENDOWMENTS WITH IRREVOCABLE BENEFICIARY INTEREST FOR THE COLORADO MOUNTAIN CLUB (CMC). FOUR GRANTS WERE AWARDED TO THE CMC DURING FISCAL YEAR 2022. 1) A GRANT OF $20,000 WAS AWARDED TO THE CMC IN ACCORDANCE WITH THE ENDOWMENT RESTRICTIONS PROVIDED BY THE PIETY CONSERVATION ENDOWMENT FUND. THE FUNDS WERE GIVEN TO THE CMC FOR CONSERVATION, TRAIL MAINTENANCES, AND STEWARDSHIP PROJECTS. 2) A GRANT OF $260,000 WAS AWARDED TO THE CMC IN ACCORDANCE WITH THE ENDOWMENT RESTRICTIONS PROVIDED BY THE ANCHOR ENDOWMENT FUND. THE FUNDS WERE GIVEN TO THE CMC FOR INSTRUCTOR AND TRIP LEADER SUPPORT, SCHOLARSHIP SUPPORT, STAFF SUPPORT, GENERAL UNRESTRICTED SUPPORT, AND SUPPORT OF NEW WEBSITE AND DATABASE PROJECT. 3) A GRANT OF $2,500 WAS AWARDED TO THE CMC IN ACCORDANCE WITH THE ENDOWMENT RESTRICTIONS PROVIDED BY THE ECKART RODER EDUCATIONAL FUND. THE FUNDS WERE GIVEN TO THE CMC FOR EDUCATION PROGRAMS. 4) A GRANT OF $4,000 WAS AWARDED TO THE CMC IN ACCORDANCE WITH THE ENDOWMENT RESTRICTIONS PROVIDED BY THE STEVE GLADBACH ENDOWMENT.
SINCE 1982, THE COLORADO MOUNTAIN CLUB FOUNDATION HAS AWARDED FELLOWSHIPS FOR RESEARCH CONSISTENT WITH THE STATEMENT OF PURPOSE ADOPTED BY THE FOUNDERS OF THE COLORADO MOUNTAIN CLUB IN 1912. THE CMCF SOLICITS APPLICATIONS FROM STUDENTS ENROLLED IN COLLEGES AND UNIVERSITIES AND AWARDS GRANTS RANGING FROM $500 TO $2,000, IN DISCIPLINES SUCH AS BIOLOGY, CHEMISTRY, ENVIRONMENTAL STUDIES, FORESTRY, GEOGRAPHY, GEOLOGY, HISTORY, AND LAW. ALTHOUGH FELLOWSHIPS ARE NORMALLY AWARDED TO GRADUATE STUDENTS, UNDERGRADUATES ARE ALSO ELIGIBLE. FELLOWSHIP GRANTS ARE MADE TO INDIVIDUALS ONLY, FOR RESEARCH UNDER THE DIRECTION OF A FACULTY MEMBER OF A INSTITUTION OF HIGHER LEARNING IN COLORADO. IN 2022, 9 INDIVIDUALS WERE AWARDED $6,000 OF FELLOWSHIP GRANTS IN TOTAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Richardson President | OfficerTrustee | 1 | $0 |
Rolf Asphaug Secretary | OfficerTrustee | 1 | $0 |
Linda Larocque Treasurer | OfficerTrustee | 1 | $0 |
Janice Heidel Vice President | OfficerTrustee | 1 | $0 |
Lauren Schwartz Past President | Trustee | 1 | $0 |
Paula Cushing Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $114,187 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,187 |
| Total Program Service Revenue | $0 |
| Investment income | $25,689 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,660 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $141,536 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $376,500 |
| Grants and other assistance to domestic individuals. | $6,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $120,002 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,238 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $115 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $424 |
| All other expenses | $15 |
| Total functional expenses | $513,294 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,168 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $999,663 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,014,831 |
| Accounts payable and accrued expenses | $3,845 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $435,702 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $439,547 |
| Net assets without donor restrictions | $3,285 |
| Net assets with donor restrictions | $571,999 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,014,831 |
Grants Awarded
Over the last fiscal year, Colorado Mountain Club Foundation has awarded $376,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Golden, CO PURPOSE: Support/Staff/Education | $266,500 |
Golden, CO PURPOSE: General grant | $90,000 |
Golden, CO PURPOSE: Conservation Stewardship | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Colorado Mountain Club Foundation has recieved totaling $89.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $89 |
Endowment Analysis
| Beg. Balance | $1,503,164 |
| Earnings | -$118,164 |
| Admin Expense | $98,736 |
| Net Contributions | $103,259 |
| Grants | $379,500 |
| Ending Balance | $1,010,023 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Global Greengrants Fund Inc Boulder, CO | $16,415,997 | $17,540,214 |
Colorado Youth Corps Association Denver, CO | $2,620,543 | $6,453,411 |
Omaha Parks Foundation Inc Omaha, NE | $4,269,270 | $3,230,312 |
Clean Water Here Foundation Longmont, CO | $17,477,415 | $20,972,810 |
Honnold Foundation Salt Lake City, UT | $2,206,815 | $2,549,011 |
Illinois No 3 Foundation Artesia, NM | $14,230,230 | $1,464,668 |
Women Invested To Save Earth Fund Corporation Flagstaff, AZ | $25,608 | $569,272 |
Colorado Mountain Club Foundation Golden, CO | $1,014,831 | $141,536 |
Foundation For The Conservation Of Arizonas Wildlife Phoenix, AZ | $546,479 | $97,255 |
Wander Project Washington, UT | $161,117 | $423,920 |
The Jackson Hole One Fly Foundation Jackson, WY | $1,254,862 | $344,885 |
Kansas Wildscape Foundation Newton, KS | $803,284 | $363,973 |