Pikes Peak Community Foundation

Organization Overview

Pikes Peak Community Foundation is located in Colorado Springs, CO. The organization was established in 1996. 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. As of 12/2019, Pikes Peak Community Foundation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Pikes Peak Community Foundation generated $6.9m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $7.5m during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Pikes Peak Community Foundation has awarded 677 individual grants totaling $19,766,883. 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

COMMUNITY TRUST TO PROMOTE PHILANTHROPHY IN THE PIKES PEAK REGION

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COMMUNITY FOUNDATION MAKES IT EASY TO CREATE A CHARITABLE LEGACY THROUGH THE CREATION OF YOUR OWN CUSTOM-DESIGNED PHILANTHROPIC FUND, AND WE CONNECT PEOPLE TO THE NONPROFIT SECTOR IN WAYS THAT INFORM AND INSPIRE THEIR PHILANTHROPY AND COMMUNITY INVOLVEMENT. THROUGH HUNDREDS OF INDIVIDUAL CHARITABLE FUNDS, WE DISTRIBUTE MILLIONS OF DOLLARS INTO OUR COMMUNITY EACH YEAR. FOR THOSE WHO WISH TO GIVE BACK TO THEIR COMMUNITY, WE SERVE AS A LONG-TERM, STRATEGIC PARTNER TO MAKE THEIR DONATIONS OF TIME AND MONEY MORE EFFECTIVE, IMPACTFUL AND ENJOYABLE.


COMMUNITY IMPACT


COMMUNITY PROGRAMS


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Board, Officers & Key Employees

Name (title)Compensation
Gary Butterworth
CEO
$177,527
Greg Gandy
Treasurer
$0
Janet Suthers
Secretary
$0
Tony Rosendo
Chairperson
$0
Andie Doyle
Vice Chairperson
$0
Wendel Torres
Immediate Past Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,462,704
Noncash contributions included in lines 1a–1f $477,076
Total Revenue from Contributions, Gifts, Grants & Similar$4,462,704
Total Program Service Revenue$61,051
Investment income $1,667,022
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $9,998
Net Gain/Loss on Asset Sales $653,202
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,914,526

Grants Awarded

Over the last fiscal year, Pikes Peak Community Foundation has awarded $5,574,112 in support to 120 organizations.

Grant RecipientAmount

CITY OF COLORADO SPRINGS PARKS RECREATION AND C

PURPOSE: See Part IV

$1,870,957

FIRST PRESBYTERIAN CHURCH

Org PageRecipient Profile

Colorado Spgs, CO

PURPOSE: See Part IV

$671,450

Colorado Springs, CO

PURPOSE: See Part IV

$250,000

COMPASSION INTERNATIONAL

Org PageRecipient Profile

Colorado Springs, CO

PURPOSE: See Part IV

$200,000

CITY OF COLORADO SPRINGS

PURPOSE: See Part IV

$151,000

ATLAS PREPARATORY SCHOOL

Org PageRecipient Profile

Colorado Springs, CO

PURPOSE: See Part IV

$150,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 22 grants that Pikes Peak Community Foundation has recieved totaling $1,137,881.

Awarding OrganizationAmount
El Pomar Foundation

Colorado Springs, CO

PURPOSE: AERONAUTICAL ENHANCEMENT FUND

$320,000
El Pomar Foundation

Colorado Springs, CO

PURPOSE: AERONAUTICAL ENHANCEMENT FUND

$320,000
$84,928
$84,928
El Pomar Foundation

Colorado Springs, CO

PURPOSE: GENERAL OPERATING SUPPORT, CONSERVATION FUND

$70,000
El Pomar Foundation

Colorado Springs, CO

PURPOSE: GENERAL OPERATING SUPPORT, CONSERVATION FUND

$70,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$9,058,692
Earnings$2,523,832
Net Contributions$3,946,375
Other Expense$1,103,008
Ending Balance$14,425,891

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