Anschutz Foundation
- Assets
- $1.6b
- Revenue
- $58.0m
- Investments
- $1.2b
- Employees
- 0
- Location
- Denver, CO
- Founding
- 08/1984
- Data as of
- 11/2023
- EIN
- 74-2316617
Organization Overview
Anschutz Foundation is located in Denver, CO. The organization was established in 1984. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Anschutz 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 11/2023, Anschutz Foundation generated $58.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $122.9m during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christian P Anschutz President / Director | 20 | $100,000 | |
Elizabeth S Anschutz Vice President / Director | 8 | $20,000 | |
Donald J Hopkins Director - Nominal | 0 | $0 | |
Philip F Anschutz Nonexecutive Chairman/director | 8 | $0 | |
Nancy P Anschutz Vice President / Director | 8 | $20,000 | |
Cannon Y Harvey Director - Nominal | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Silchester International Investors Inc | 11/29/23 | $376,389 |
Marathon-london International Investment | 11/29/23 | $225,996 |
The Anschutz Corporation | 11/29/23 | $10,250,427 |
Morgan Stanley | 11/29/23 | $60,123 |
Wells Fargo | 11/29/23 | $540,736 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $264,986 |
| Interest on Savings | $3,551,578 |
| Dividends & Interest | $54,495,753 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$340,490 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$9,282 |
| Total Revenue | $57,962,545 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $915,205 |
| Other employee salaries and wages | $846,761 |
| Pension plans, employee benefits | $0 |
| Interest | $328 |
| Taxes | $272,552 |
| Depreciation | $7,934 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,105 |
| Printing and publications | $290 |
| Other expenses | $13,785,575 |
| Total operating and administrative expenses | $15,894,411 |
| Contributions, gifts, grants paid | $107,020,641 |
| Total expenses and disbursements | $122,915,052 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $105,947,249 |
| Net Accounts receivable | $10,325,741 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $164,927,154 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $259,843 |
| Net Investments - land, buildings, equipment | $31,059,377 |
| Investments—mortgage loans | $0 |
| Investments—other | $845,421,080 |
| Net Land, buildings, and equipment | $21,899 |
| Other assets | $2,164,467 |
| Total assets | $1,558,452,470 |
| Accounts payable and accrued expenses | $10,455,111 |
| Grants payable | $47,027,500 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $35,872,900 |
| Total liabilities | $93,355,511 |