The Colorado Health Foundation
- Assets
- $3.1b
- Revenue
- $151.4m
- Investments
- $3.0b
- Employees
- 140
- Location
- Denver, CO
- Founding
- 04/2018
- Data as of
- 12/2021
- EIN
- 74-2568941
Organization Overview
The Colorado Health Foundation is located in Denver, CO. The organization was established in 2018. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2023, Colorado Health Foundation employed 140 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Health 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 12/2021, Colorado Health Foundation generated $151.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $174.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Colorado Health Foundation has awarded 6,117 individual grants totaling $1,069,665,353. 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:
SEE GENERAL EXPLANATION STATEMENT
SEE GENERAL EXPLANATION STATEMENT
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Mcneil Miller President & CEO | 40 | $877,002 | |
Mark Evans Chief Financial Officer | 40 | $422,390 | |
Stanford Willie Outgoing Chief Investment Officer | 40 | $229,113 | |
Aron Grodinsky Chief Investment Officer | 40 | $358,172 | |
Bruce Byington Outgoing Chief Impact Officer | 40 | $42,618 | |
Amy Latham Chief Impact Officer | 40 | $434,929 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Willis Towers Watson | 12/30/22 | $1,660,981 |
Center For Creative Leadership | 12/30/22 | $1,864,695 |
State Street Bank And Trust | 12/30/22 | $748,579 |
The Civic Canopy | 12/30/22 | $641,340 |
Converge Consulting Llc | 12/30/22 | $655,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $60,788 |
| Interest on Savings | $5,100 |
| Dividends & Interest | $17,838,807 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $130,326,904 |
| Capital Gain Net Income | $109,169,860 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,164,185 |
| Total Revenue | $151,395,784 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,776,790 |
| Other employee salaries and wages | $7,283,594 |
| Pension plans, employee benefits | $2,976,616 |
| Interest | $1,405,334 |
| Taxes | $5,201,539 |
| Depreciation | $728,184 |
| Occupancy | $403,546 |
| Travel, conferences, and meetings | $104,034 |
| Printing and publications | $18,773 |
| Other expenses | $2,765,929 |
| Total operating and administrative expenses | $56,270,649 |
| Contributions, gifts, grants paid | $118,563,286 |
| Total expenses and disbursements | $174,833,935 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,315,573 |
| Savings and temporary cash investments | $47,491,220 |
| Net Accounts receivable | $329,941 |
| 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 | $323,929 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,756,665,028 |
| Net Land, buildings, and equipment | $45,331,203 |
| Other assets | $46,092,602 |
| Total assets | $3,147,950,102 |
| Accounts payable and accrued expenses | $3,518,497 |
| Grants payable | $42,200,503 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $82,375,961 |
| Other liabilities | $14,541,653 |
| Total liabilities | $142,636,614 |
Grants Awarded
Over the last fiscal year, The Colorado Health Foundation has awarded $135,312,059 in support to 821 organizations.
| Grant Recipient | Amount |
|---|---|
A WAY OUT INC PURPOSE: CHAMPION HEALTH EQUITY | $10,000 |
ACCESS AFTERSCHOOL PURPOSE: CHAMPION HEALTH EQUITY, MAINTAIN HEALTHY BODIES | $160,000 |
ACCESS FUND PURPOSE: MATCHING CONTRIBUTION TO SUPPORT THE ORGANIZATION | $338 |
ADAPTIVE ADVENTURES PURPOSE: GENERAL DONATION TO SUPPORT ORGANIZATION OR PROGRAM | $1,500 |
ADELANTE COMMUNITY DEVELOPMENT PURPOSE: MATCHING CONTRIBUTION TO SUPPORT THE ORGANIZATION | $200 |
ADVOCATES FOR RECOVERY COLORADO PURPOSE: CHAMPION HEALTH EQUITY | $67,043 |