North Colorado Medical Center Foundation Inc

Organization Overview

North Colorado Medical Center Foundation Inc, operating under the name Weld Legacy Foundation, is located in Greeley, CO. The organization was established in 1978. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Weld Legacy 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, Weld Legacy Foundation generated $5.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Weld Legacy Foundation has awarded 134 individual grants totaling $9,048,037. 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO POSITIVELY IMPACT THE HEALTH, EDUCATION, AND WELLNESS OF WELD COUNTY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

VARIOUS GRANTS ARE MADE TO ENHANCE NORTH COLORADO MEDICAL CENTER'S ABILITY TO DELIVER HEALTHCARE TO THE NORTHERN COLORADO COMMUNITY. OTHER LOCAL NONPROFIT ORGANIZATIONS ALSO BENEFIT FROM GRANTS MADE BY THE FOUNDATION.


MONFORT CHILDREN'S CLINIC - THIS PROGRAM PROVIDES HEALTHCARE TO THE CHILDREN OF LOW-INCOME FAMILIES IN WELD COUNTY AND HAS MORE THAN 14,000 PATIENTS. IT IS OWNED BY THE FOUNDATION AND WAS OPERATED BY THE FOUNDATION UNTIL OCTOBER 2001. AT THAT TIME, SUNRISE COMMUNITY HEALTH CENTER, AN UNRELATED NOT FOR-PROFIT ORGANIZATION, LEASED THE CLINIC AND ASSUMED RESPONSIBILITY FOR DAY-TO-DAY OPERATIONS.


CURTIS STRONG CENTER FOR THE VISUALLY IMPAIRED - THIS PROGRAM WAS ESTABLISHED IN AUGUST 2004 TO MAXIMIZE REMAINING VISION WHEN THE PATIENT'S VISION CANNOT BE CORRECTED OR MEDICALLY OR SURGICALLY RESTORED. THE CENTER PROVIDES AN ASSESSMENT OF VISION LOSS, IDENTIFIES AIDS TO OPTIMIZE REMAINING VISION, AND OFFERS EDUCATION ON THE USE OF THE DEVICES AS WELL AS LIFE SKILLS AND MOBILITY TRAINING. THE CENTER IS SUPPORTED BY THE FOUNDATION AND IS OPERATED BY ENSIGHT SKILLS CENTER, AN UNRELATED THIRD PARTY.


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Board, Officers & Key Employees

Name (title)Compensation
Tom Grant
President & Chair
$0
Brandon Houtchens
Vice Chair
$0
Bob Murphy
Treasurer
$0
Mark Lawley
Secretary
$0
Jeff Carlson
CEO
$0
Ramon Serrano
CFO
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$294,342
Related organizations$11,110
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$674,267
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$979,719
Total Program Service Revenue$50,640
Investment income $749,688
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,411,556
Net Income from Fundraising Events -$19,523
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,257,308

Grants Awarded

Over the last fiscal year, North Colorado Medical Center Foundation Inc has awarded $517,203 in support to 8 organizations.

Grant RecipientAmount

SUNRISE COMMUNITY HEALTH INC

Org PageRecipient Profile

Evans, CO

PURPOSE: MONFORT CHILDREN'S CLINIC - REPAIRS/RENOVATION

$179,361

NORTH COLORADO MEDICAL CENTER

PURPOSE: SUPPORT FOR VARIOUS HOSPITAL DEPARTMENTS

$153,248

ENSIGHT SKILLS CENTER INC

Org PageRecipient Profile

Fort Collins, CO

PURPOSE: OPERATIONAL SUPPORT

$80,000

LIFEMED SAFETY INC

PURPOSE: PATIENT SUPPORT

$36,794

BANNER IMAGING SERVICES COLORADO LLC

PURPOSE: FBO - NORTH COLORADO MEDICAL CENTER - PATIENT ASSISTANCE

$29,720

BARTON CAREY MEDICAL PRODUCTS

PURPOSE: FBO - NORTH COLORADO MEDICAL CENTER - PATIENT ASSISTANCE

$25,111
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 6 grants that North Colorado Medical Center Foundation Inc has recieved totaling $66,527.

Awarding OrganizationAmount
Weld Community Foundation

Greeley, CO

PURPOSE: PROGRAM, CHARITABLE

$22,289
The Weld Trust

Greeley, CO

PURPOSE: DIRECTOR & EMPLOYEE DISCRETIONARY GRANT: CARDIAC REHABILITATION PROGRAM

$13,200
Montera Family Foundation

Eaton, CO

PURPOSE: GENERAL OPERATIONS

$10,000
Wenaas Family Fondation

Windsor, CO

PURPOSE: CONTRIBUTION

$10,000
Banner Health

Phoenix, AZ

PURPOSE: GENERAL SUPPORT

$9,038
Otter Cares Foundation

Fort Collins, CO

PURPOSE: NCMC FOUNDATION GALA

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,509,640
Earnings$1,335,178
Net Contributions$94,774
Other Expense$387,366
Grants$20,902
Ending Balance$13,531,324

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