Left Hand Brewing Foundation Inc is located in Longmont, CO. The organization was established in 2017. According to its NTEE Classification (T31) the organization is classified as: Community 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. Left Hand Brewing 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 12/2020, Left Hand Brewing Foundation Inc generated $115.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $110.3k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Left Hand Brewing Foundation Inc has awarded 18 individual grants totaling $104,251. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE LEFT HAND BREWING FOUNDATION IS COMMITTED TO BREWING A STRONGER COMMUNITY WHERE WE WORK, LIVE AND PLAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LEFT HAND BREWING FOUNDATION GRANTS DONATIONS TO NON-PROFIT AND FOR-PROFIT GROUPS IN RESPONSE TO NEED AND EMERGENCIES IN THE LONGMONT COMMUNITY AND BEYOND.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jon Eric Wallace President | Officer | 2 | $0 |
Christopher Lennert Board Member | Officer | 2 | $0 |
Eric Kean Key Employee | Officer | 36 | $0 |
Jill Preston Board Member | Officer | 2 | $0 |
Christopher Mcvay Board Member | Officer | 2 | $0 |
Mark Boelman Treasurer | Officer | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $18,700 |
Related organizations | $0 |
Government grants | $12,650 |
All other contributions, gifts, grants, and similar amounts not included above | $25,790 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $57,140 |
Total Program Service Revenue | $0 |
Investment income | $4,612 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$3,156 |
Net Income from Fundraising Events | $56,758 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $115,354 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $43,700 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $52,166 |
Compensation of current officers, directors, key employees. | $52,166 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,900 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $30 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $83 |
Information technology | $1,504 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $969 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $266 |
Total functional expenses | $110,251 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $47,269 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,234 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $4,833 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $84,896 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $141,232 |
Accounts payable and accrued expenses | $5,339 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $12,500 |
Total liabilities | $17,839 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $141,232 |
Over the last fiscal year, Left Hand Brewing Foundation Inc has awarded $40,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
TURN IT UP MEDIA PURPOSE: COVID ASSISTANCE | $25,000 |
Denver, CO PURPOSE: GENERAL OPERATIONS | $15,000 |
Over the last fiscal year, we have identified 1 grants that Left Hand Brewing Foundation Inc has recieved totaling $25.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
Organization Name | Assets | Revenue |
---|---|---|
Arizona Community Foundation Phoenix, AZ | $1,066,072,012 | $211,703,650 |
Christian Community Foundation Inc Colorado Springs, CO | $497,894,733 | $194,166,172 |
Community First Foundation Arvada, CO | $565,776,459 | $151,756,882 |
Omaha Community Foundation Donor Directed Depository Omaha, NE | $49,176,399 | $38,155,808 |
Nebraska Community Foundation Lincoln, NE | $227,749,373 | $20,781,363 |
Oklahoma City Community Foundation Inc Oklahoma City, OK | $855,000,248 | $159,496,642 |
Community Foundation Of Jackson Hole Jackson, WY | $113,990,661 | $47,502,372 |
Rose Community Foundation Denver, CO | $325,610,267 | $15,145,306 |
Lincoln Community Foundation Inc Lincoln, NE | $161,472,860 | $29,470,305 |
Santa Fe Community Foundation Santa Fe, NM | $107,508,749 | $26,179,829 |
The Community Foundation Of Utah Salt Lake City, UT | $90,613,858 | $42,536,089 |
Aspen Community Foundation Basalt, CO | $62,511,754 | $28,301,426 |