Avenir Foundation Inc
- Assets
- $1.0m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Lakewood, CO
- Founding
- 11/1993
- Data as of
- 06/2022
- EIN
- 84-1245939
Organization Overview
Avenir Foundation Inc is located in Lakewood, CO. The organization was established in 1993. 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. Avenir 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 06/2022, Avenir Foundation Inc generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (35.3%) each year. All expenses for the organization totaled $2.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (35.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Avenir Foundation Inc has awarded 154 individual grants totaling $178,273,344. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Boynton Wallace Secretary/director | 1 | $0 | |
Norman L Wilson Treasurer/director | 4 | $0 | |
William Dodge Wallace President/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,325,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $65 |
| 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 | $2,325,065 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,350 |
| Contributions, gifts, grants paid | $2,346,571 |
| Total expenses and disbursements | $2,347,921 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $929,130 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| 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 | $113,434 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,042,564 |
| 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, Avenir Foundation Inc has awarded $2,346,571 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL CITY OPERA PURPOSE: GENERAL OPERATING FUNDS AND MATCHING ENDOWMENT FUND | $1,446,571 |
DENVER FOUNDATION PURPOSE: FOR THE BENEFIT OF THE ARS NOVA SINGERS WORKING CAPITAL ENDOWMENT | $200,000 |
DENVER FOUNDATION PURPOSE: FOR THE BENEFIT OF THE NATIONAL MINING HALL OF FAME MUSEUM ENDOWMENTFOR THE BENEFIT OF THE ARS NOVA SINGERS ENDOWMENT | $500,000 |
PLANNED PARENTHOOD FEDERATION OF AMERICA PURPOSE: GENERAL OPERATING FUND | $200,000 |