Resource Capital Funds Foundation
- Assets
- $2.9m
- Revenue
- $122.9k
- Investments
- $2.9m
- Employees
- 0
- Location
- Denver, CO
- Founding
- 12/2007
- Data as of
- 12/2022
- EIN
- 26-1216961
Organization Overview
Resource Capital Funds Foundation is located in Denver, CO. The organization was established in 2007. 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. Resource Capital Funds 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, Resource Capital Funds Foundation generated $122.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (19.2%) each year. All expenses for the organization totaled $157.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Resource Capital Funds Foundation has awarded 262 individual grants totaling $1,495,671. 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 |
|---|---|---|---|
Sherri Croasdale Pres. & Dir. | 1 | $0 | |
James T Mcclements Chair & Dir. | 1 | $0 | |
Jose Rico Treasurer | 1 | $0 | |
Megan Anderson Asst. Treas. | 1 | $0 | |
Palak Patel Sec & Grant | 1 | $0 | |
Katie Eggleston Asst. Treas/ | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $125,792 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,850 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $122,942 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,495 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $25,402 |
| Contributions, gifts, grants paid | $132,267 |
| Total expenses and disbursements | $157,669 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,225 |
| Savings and temporary cash investments | $5,923 |
| 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 | $2,901,373 |
| 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, Resource Capital Funds Foundation has awarded $146,677 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN BRAIN TUMOR ASSOCIATION PURPOSE: EMPLOYEE MATCH -GENERAL SUPPORT | $50 |
100WOMEN PURPOSE: WOMEN'S CHARITY AND PROGRAMMING | $1,000 |
BOYS AND GIRLS CLUB OF METRO DENVER PURPOSE: EMPLOYEE MATCH -GENERAL SUPPORT | $250 |
CAN ASSIST PURPOSE: CANCER TREATMENT CENTER | $5,000 |
CATHOLIC ORGANIZATION FOR DEVELOP PURPOSE: SOLAR LIGHT PROGRAM | $19,943 |
COLLEGE OF THE HOLY CROSS PURPOSE: EMPLOYEE MATCH -GENERAL SUPPORT | $250 |