Antero Foundation
- Assets
- $625.7k
- Revenue
- $705.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 03/2019
- Data as of
- 12/2022
- EIN
- 83-1090369
Organization Overview
Antero Foundation is located in Denver, CO. The organization was established in 2019. 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. Antero 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 12/2022, Antero Foundation generated $705.6k 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 (48.9%) each year. All expenses for the organization totaled $557.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Antero Foundation has awarded 137 individual grants totaling $1,462,543. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alvyn A Schopp President/director | 1 | $0 | |
Jamie Chapman Secretary | 1 | $0 | |
Kevin Ellis Director | 1 | $0 | |
Kathy Lawrence Director | 1 | $0 | |
Stephanie Hayhurst-Hall Director | 1 | $0 | |
Sheri Pearce Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $155,586 |
| Interest on Savings | $0 |
| Dividends & Interest | $550,000 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $705,586 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,700 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $47,987 |
| Total operating and administrative expenses | $60,937 |
| Contributions, gifts, grants paid | $496,350 |
| Total expenses and disbursements | $557,287 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $595,809 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $17,000 |
| 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 | $12,865 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $625,674 |
| 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, Antero Foundation has awarded $496,350 in support to 71 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED WAY OF HARRISON COUNTY INC PURPOSE: HEALTH & HUMAN SERVICES | $30,000 |
GOVERNOR'S ONE SHOT INC PURPOSE: COMMUNITY DEVELOPMENT | $5,000 |
MAKE-A-WISH FOUNDATION OF GREATER PA & WV PURPOSE: HEALTH & HUMAN SERVICES | $4,400 |
CHESTNUT MOUNTAIN RANCH INC PURPOSE: EDUCATION | $10,000 |
THE MUSTARD SEED PURPOSE: HEALTH & HUMAN SERVICES | $5,000 |
SHEPHERD'S CORNER FOOD PANTRY PURPOSE: HEALTH & HUMAN SERVICES | $5,000 |