El Roble Azul Foundation
- Assets
- $16.7m
- Revenue
- $757.6k
- Investments
- $16.2m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 11/2014
- Data as of
- 12/2023
- EIN
- 47-2308198
Organization Overview
El Roble Azul Foundation is located in Las Vegas, NV. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. El Roble Azul 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 12/2023, El Roble Azul Foundation generated $757.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $1.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, El Roble Azul Foundation has awarded 43 individual grants totaling $6,973,996. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUND ONLY MAKES CASH DONATIONS TO PUBLICLY SUPPORTED 501(C)(3) ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dale Bottoms Presdnt/sec'y | 40 | $189,500 | |
John Ciesielka Treasurer | 6 | $22,000 | |
Debra Bottoms Director | 1 | $5,720 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $160,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $587,249 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,328 |
| Capital Gain Net Income | $10,328 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $757,577 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $217,220 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $38 |
| Taxes | $4,596 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $20,468 |
| Printing and publications | $0 |
| Other expenses | $301 |
| Total operating and administrative expenses | $245,683 |
| Contributions, gifts, grants paid | $768,510 |
| Total expenses and disbursements | $1,014,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,099 |
| Savings and temporary cash investments | $458,473 |
| 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 | $9,241,736 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $16,678,753 |
| 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, El Roble Azul Foundation has awarded $768,510 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
VANGUARD CHARITABLE PURPOSE: GENERAL SUPPORT | $754,000 |
CATO INSTITUTE PURPOSE: GENERAL SUPPORT | $9,600 |
COMPETITIVE ENTERPRISE INSTITUTE PURPOSE: GENERAL SUPPORT | $1,500 |
REASON FOUNDATION PURPOSE: GENERAL SUPPORT | $3,410 |