The Piton Foundation

Organization Overview

The Piton Foundation is located in Denver, CO. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Piton 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 12/2020, Piton Foundation generated $13.8m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 22.9% each year . All expenses for the organization totaled $12.1m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Piton Foundation has awarded 561 individual grants totaling $36,791,674. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2020

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION WAS FORMED TO MAKE DISTRIBUTIONS TO EXEMPT ORGANIZATIONS FOR CHARITABLE AND EDUCATIONAL PURPOSES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Change Matrix
$387,500
Slalom Llc
$378,536
The Caprock Group Inc
$246,500
Colorado Futures Center
$84,000
Root Policy Research
$59,000
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $7,276,667
Interest on Savings $0
Dividends & Interest $1,985,557
Net Rental Income$0
Net Gain on Sale of Assets $4,789,326
Capital Gain Net Income $4,956,244
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income -$269,463
Total Revenue $13,782,087

Grants Awarded

Over the last fiscal year, The Piton Foundation has awarded $7,435,762 in support to 134 organizations.

Grant RecipientAmount

ELEVATION COMMUNITY LAND TRUST LLC

Org PageRecipient Profile

Denver, CO

PURPOSE: A NEW, PERMANENTLY AFFORDABLE HOUSING PLATFORM ? INITIATED BY A CONSORTIUM OF LOCAL FOUNDATIONS AND INCUBATED BY THE NATIONALLY-RECOGNIZED LAND PRESERVATION NONPROFIT URBAN LAND CONSERVANCY THAT SUPPORTS LOW- AND MODERATE-INCOME RESIDENTS TO ATTAIN AND SUSTAIN HOMEOWNERSHIP. THE SELF-SUSTAINING PLATFORM WILL HELP MITIGATE HOUSING DISPLACEMENT, KEEP FAMILIES IN PLACE AND OFFER SOLUTIONS TO ADDRESS ACCESS TO MULTIPLE SOCIAL DETERMINANTS OF HEALTH. IN ITS FIRST 5-YEARS, ELEVATION WILL ACQUIRE AND DEVELOP OVER 700 SINGLE FAMILY HOMES, TOWNHOMES AND CONDOS, PROVIDING A RANGE OF RENTAL, LEASE-TO-OWN AND OWNER-OCCUPIED HOUSING OPTIONS IN GENTRIFYING/AT-RISK NEIGHBORHOODS ACROSS METRO DENVER.

$1,000,000

Denver, CO

PURPOSE: FUNDING FOR THE LAUNCH OF A NEW EVIDENCE BASED PROGRAM IN COLORADO TO SERVE HIGH NEED FAMILIES WITH HOME-BASED MENTAL HEALTH SERVICES. LAUNCH AND EVENTUALLY SCALE A PROGRAM DESIGNED TO SERVE THE CHILDREN AND FAMILIES FACING THE EFFECTS OF TRAUMA.

$500,000

COMMUNITY COLLEGE OF DENVER FOUNDATION

Org PageRecipient Profile

Denver, CO

PURPOSE: SCALE UP THE SUCCESSFUL WORKNOW COLLECTIVE IMPACT MODEL BY INCLUDING NEW SERVICE PARTNERS, EMPLOYER PARTNERS AND CONSTRUCTION TRAINING CURRICULUM TOOLS. FURTHER EXPAND JOB CREATION FOR 30,000 UNDEREMPLOYED, LOW SKILLED WORKERS AND ENTREPRENEURS IN COMMUNITIES AFFECTED BY THE UPCOMING LARGE PROJECTS.

$489,500

COLORADO CHILDREN'S CAMPAIGN

Org PageRecipient Profile

Denver, CO

PURPOSE: INVESTMENT IN POLICY AND ADVOCACY IN EARLY CHILDHOOD - INVESTING IN THE COLORADO CHILDREN'S CAMPAIGN WILL SUPPORT THE TRANSFORMATION OF COLORADO'S EARLY CHILDHOOD SYSTEM.

$345,000

ROSE COMMUNITY FOUNDATION

Org PageRecipient Profile

Denver, CO

PURPOSE: ROSE WILLL SERVE AS THE FISCAL SPONSOR FOR THE POOLED PHILANTHROPIC FUNDING FOR THE EARLY CHILDHOOD WORKFORCE INNOVATION GRANTS. ROSE WILL ALLOW THE PARTNERS TO SEEK OUT ADDITIONAL FUNDERS FOR THIS PROJECT BECAUSE THEY CAN ADD THEIR FUNDS TO THIS POOL.

$315,000

DENVER PUBLIC SAFETY YOUTH PROGRAMS

PURPOSE: RECOVERABLE GRANT TURNED INTO A REG GRANT- AN UPSTREAM, PREVENTATIVE APPROACH TO PROVIDE EARLY SUPPORT FOR RUNAWAY YOUTH LIKELY TO BECOME INVOLVED IN STATE-FUNDED JUVENILE JUSTICE SYSTEMS. THE PRIMARY PROJECT GOAL WAS TO PREVENT OR REDUCE JUVENILE JUSTICE AND/OR CHILD WELFARE INVOLVEMENT OF PROJECT PARTICIPANTS WITH SHORT-TERM SUCCESS MEASURES FOCUSING ON PARTICIPANT ENGAGEMENT RATES.

$294,884
View Grant Profile

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