Community Foundation Of The Gunnison Valley
- Assets
- $14.8m
- Revenue
- $4.0m
- Investments
- $110.8k
- Employees
- 4
- Location
- Gunnison, CO
- Founding
- 08/1999
- Data as of
- 12/2021
- EIN
- 31-1650658
Organization Overview
Community Foundation Of The Gunnison Valley is located in Gunnison, CO. The organization was established in 1999. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Community Foundation Of The Gunnison Valley employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of The Gunnison Valley 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, Community Foundation Of The Gunnison Valley generated $4.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.5% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 10.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Community Foundation Of The Gunnison Valley has awarded 67 individual grants totaling $2,300,474. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A CHARITABLE CONDUIT TO IMPROVE THE GUNNISON AREA AS A PLACE TO LIVE
Describe the Organization's Program Activity:
Part 3 - Line 4a
FACILITATE CONTRIBUTIONS AND FUNDING FOR VARIOUS COMMUNITY PROJECTS.
FACILITATE CONTRIBUTIONS FOR SCHOLARSHIPS AND GRANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Kugler Ed, Ex-Officio | OfficerTrustee | 40 | $65,830 |
Bill Burke President | Trustee | 5 | $0 |
Dave Clayton Vice President | Trustee | 5 | $0 |
Jim Macallister Secretary | Trustee | 5 | $0 |
Kathy Barnhart Member | Trustee | 5 | $0 |
Anne Hausler Member | Trustee | 5 | $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 | $2,189,996 |
| Noncash contributions included in lines 1a–1f | $2,110 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,189,996 |
| Total Program Service Revenue | $0 |
| Investment income | $1,606,753 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $3,965,236 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,154,605 |
| Grants and other assistance to domestic individuals. | $16,295 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $65,830 |
| Compensation of current officers, directors, key employees. | $52,664 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $83,954 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,341 |
| Payroll taxes | $10,333 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,538 |
| Advertising and promotion | $16,579 |
| Office expenses | $20,348 |
| Information technology | $17,882 |
| Royalties | $0 |
| Occupancy | $19,436 |
| Travel | $1,597 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,105 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,889 |
| All other expenses | $0 |
| Total functional expenses | $1,633,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $269,331 |
| Savings and temporary cash investments | $742,370 |
| 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 | $33,302 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $13,530,454 |
| Investments—other securities | $110,781 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $132,400 |
| Total assets | $14,818,638 |
| Accounts payable and accrued expenses | $23,900 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $716,338 |
| Total liabilities | $740,238 |
| Net assets without donor restrictions | $2,064,448 |
| Net assets with donor restrictions | $12,013,952 |
| 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 | $14,818,638 |
Grants Awarded
Over the last fiscal year, Community Foundation Of The Gunnison Valley has awarded $1,098,238 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
Crested Butte, CO PURPOSE: CAPITAL CAMPAIGN | $544,452 |
Gunnison, CO PURPOSE: PROGRAM SUPPORT | $85,500 |
Gunnison, CO PURPOSE: General Operations | $64,750 |
Crested Butte, CO PURPOSE: CAPITAL SUPPORT, GEN OP | $43,940 |
GUNNISON CNTY HEALTH & HUMAN PURPOSE: PROGRAM SUPPORT | $36,000 |
GUNNISON WATERSHED SCL DIST PURPOSE: PROGRAM SUPPORT | $34,350 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Community Foundation Of The Gunnison Valley has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Berry Foundation Inc Wichita, KS PURPOSE: ANNUAL GIFT | $15,000 |
Endowment Analysis
| Beg. Balance | $9,116,603 |
| Earnings | $1,298,883 |
| Admin Expense | $95,731 |
| Net Contributions | $499,041 |
| Grants | $543,351 |
| Ending Balance | $10,275,445 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aspen Community Foundation Basalt, CO | $62,511,754 | $28,301,426 |
Jewish Community Foundation Of Greater Kansas City Overland Park, KS | $291,884,746 | $15,071,209 |
Impact Charitable Denver, CO | $10,724,494 | $21,202,015 |
Greater Salina Community Foundation Salina, KS | $322,187,245 | $17,442,186 |
Greater Manhattan Community Foundation Manhattan, KS | $138,440,801 | $66,806,194 |
Jewishcolorado Denver, CO | $81,767,824 | $13,645,129 |
Community Foundation For Southern Arizona Tucson, AZ | $172,311,447 | $35,644,345 |
The Community Foundation Boulder, CO | $79,799,287 | $19,282,047 |
Wyoming Community Foundation Laramie, WY | $214,898,852 | $21,534,093 |
Community Foundation Of Northern Colorado Fort Collins, CO | $185,330,639 | $37,336,720 |
Jewish Community Foundation Of Southern Arizona Tucson, AZ | $157,844,908 | $29,193,344 |
Yampa Valley Community Foundation Steamboat Springs, CO | $51,851,485 | $30,806,242 |