George B Storer Foundation Inc
- Assets
- $58.8m
- Revenue
- $2.1m
- Investments
- $53.6m
- Employees
- 0
- Location
- Jackson, WY
- Founding
- 09/1957
- Data as of
- 12/2021
- EIN
- 59-6136392
Organization Overview
George B Storer Foundation Inc is located in Jackson, WY. The organization was established in 1957. 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. George B Storer Foundation Inc 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, George B Storer Foundation Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $4.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, George B Storer Foundation Inc has awarded 214 individual grants totaling $13,826,141. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
WYOMING LANDSCAPES AND COMMUNITIES - THE FOUNDATION SEEKS TO ENSURE A HEALTHY AND PROSPEROUS FUTURE FOR WYOMING BY ADVOCATING FOR CONSERVATION OF THE STATE'S UNIQUE LANDSCAPES AND WILDLIFE, PROMOTING ECONOMIC DIVERSIFICATION, DEVELOPING SUSTAINABLE COMMUNITIES, AND FOSTERING AN ENGAGED CITIZENRY. DURING THE YEAR, THE FOUNDATION FUNDED A DIGITAL MARKETING FIRM TO WORK WITH WYOMING ORGANIZATIONS. THE FIRM EDUCATED AND TRAINED NON-PROFIT STAFF IN ONLINE FUNDRAISING, DIGITAL ENGAGEMENT AND ONLINE COMMUNITY BUILDING.ADDITIONALLY, THE FOUNDATION ENGAGED WITH A COMMUNICATIONS FIRM AND FUNDED THE RESEARCH AND DEVELOPMENT OF A MASTER NARRATIVE BASED ON WYOMINGITE'S ATTITUDES AND VALUES. THE FINDINGS WILL HELP THE FOUNDATION'S GRANTEES BETTER CONNECT WITH THEIR MEMBERS AND THE BROADER CITIZENRY OF THE STATE.FINALLY, THE FOUNDATION CONTRACTED WITH AN EXPERT IN DEVELOPING NETWORKS ACROSS ORGANIZATIONS AND ISSUE AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Storer President And CEO | 40 | $206,876 | |
Suzanne Hultman Director Of Finance | 40 | $138,000 | |
Kathleen Belk Doffermyre Senior Program Offic | 40 | $106,000 | |
John Flicker Trustee | 2 | $0 | |
Nicole Ardoin Trustee | 2 | $0 | |
Jean Storer Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Rock Creek Group Lp | 12/30/21 | $349,486 |
Breakthrough Campaigns | 12/30/21 | $79,500 |
Sabrina Claryse King Consulting | 12/30/21 | $59,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $211 |
| Dividends & Interest | $196,623 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,874,039 |
| Capital Gain Net Income | $6,002,228 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $40,158 |
| Total Revenue | $2,111,031 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $206,876 |
| Other employee salaries and wages | $244,000 |
| Pension plans, employee benefits | $108,356 |
| Interest | $0 |
| Taxes | $29,655 |
| Depreciation | $0 |
| Occupancy | $45,802 |
| Travel, conferences, and meetings | $24,770 |
| Printing and publications | $0 |
| Other expenses | $95,972 |
| Total operating and administrative expenses | $1,401,329 |
| Contributions, gifts, grants paid | $2,596,000 |
| Total expenses and disbursements | $3,997,329 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,190,640 |
| 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 | $53,564,019 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $58,787,234 |
| 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, George B Storer Foundation Inc has awarded $2,596,000 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: WYOMING CIVIC ENGAGEMENT NETWORK | $355,000 |
Laramie, WY PURPOSE: GENERAL INSTITUTIONAL SUPPORT | $260,000 |
Washington, DC PURPOSE: NATURAL START ALLIANCE | $250,000 |
NATIONAL WILDLIFE FEDERATION PURPOSE: EARLY CHILDHOOD HEALTH OUTDOORS | $217,000 |
Washington, DC PURPOSE: ENGAGING SPORTSMEN FOR CONSERVATION | $175,000 |
ANTIOCH UNIVERSITY PURPOSE: NATURE BASED EARLY CHILDHOOD PROGRAM | $125,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |
Gill Foundation Denver, CO | $227,109,663 | $12,646,667 |
Hughes Charitable Foundation Jackson, WY | $5,676,764 | $10,003,792 |
Air Force Academy Foundation USAF Academy, CO | $121,910,731 | $31,160,927 |
Adolph Coors Foundation Denver, CO | $181,746,526 | $17,055,158 |
Margulf Foundation Glendale, CO | $241,666,410 | $12,944,358 |
David C Butterfield And Alfonso D Rubio Memorial Foundation Aspen, CO | $229,390,732 | $219,209,286 |
Katherine W Dumke & Ezekiel R Dumke Jr Foundation Kaysville, UT | $0 | $4,334 |
Charles Schwab Corporation Foundation Lone Tree, CO | $19,264,373 | $12,956,371 |
Hirschfeld Family Foundation Inc Kearney, NE | $102,299,062 | $1,701,092 |
Louis Calder Foundation Denver, CO | $170,366,757 | $15,916,968 |
Crocker Catalyst Foundation Salt Lake City, UT | $1,077,515 | $3,770,687 |