Twc Foundation Inc
- Assets
- $1.8m
- Revenue
- $288.7k
- Investments
- $528.8k
- Employees
- 0
- Location
- Centennial, CO
- Founding
- 07/1987
- Data as of
- 12/2022
- EIN
- 74-2463820
Organization Overview
Twc Foundation Inc is located in Centennial, CO. The organization was established in 1987. 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. Twc 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 12/2022, Twc Foundation Inc generated $288.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.4% each year . All expenses for the organization totaled $90.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Twc Foundation Inc has awarded 51 individual grants totaling $250,685. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Warner President | 0 | $0 | |
Jennifer Hodgson Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,139 |
| Net Rental Income | $112,800 |
| Net Gain on Sale of Assets | $156,745 |
| Capital Gain Net Income | $156,746 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $288,684 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,536 |
| Total operating and administrative expenses | $17,086 |
| Contributions, gifts, grants paid | $73,500 |
| Total expenses and disbursements | $90,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $753,175 |
| 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 | $510,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,792,018 |
| 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, Twc Foundation Inc has awarded $73,500 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
WESTERN STATE COLLEGE FOUNDATION INC PURPOSE: STUDENT AID | $3,000 |
GENEVA GLEN CAMP PURPOSE: GENERAL | $13,000 |
URBAN PEAK PURPOSE: GENERAL | $5,000 |
ROCKY MOUNTAIN MS CENTER PURPOSE: GENERAL | $6,000 |
NATIONAL MULTIPLE SCLEROSIS SOCIETY PURPOSE: GENERAL | $6,000 |
STEP DENVER PURPOSE: GENERAL | $5,000 |