The Jorgensen Foundation
- Assets
- $1.2m
- Revenue
- $48.1k
- Investments
- $1.1m
- Employees
- 0
- Location
- Longmont, CO
- Founding
- 09/1996
- Data as of
- 12/2023
- EIN
- 84-1354157
Organization Overview
The Jorgensen Foundation is located in Longmont, CO. The organization was established in 1996. 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. Jorgensen 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 12/2023, Jorgensen Foundation generated $48.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $91.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jorgensen Foundation has awarded 206 individual grants totaling $654,909. 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 |
|---|---|---|---|
Richard O Jorgensen President | 1 | $0 | |
Charlotte L Jorgensen Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11,165 |
| Dividends & Interest | $21,396 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,579 |
| Capital Gain Net Income | $15,579 |
| Net ST Capital Gain | $301 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $48,140 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $999 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,648 |
| Contributions, gifts, grants paid | $75,752 |
| Total expenses and disbursements | $91,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,751 |
| Savings and temporary cash investments | $49,874 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,104,589 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,172,214 |
| 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, The Jorgensen Foundation has awarded $75,752 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
MOUNTAINFILM PURPOSE: GENERAL SUPPORT | $10,000 |
STREET BUSINESS SCHOOL PURPOSE: GENERAL SUPPORT | $1,000 |
THE NATURE CONSERVANCY PURPOSE: GENERAL SUPPORT | $39,752 |
LOWERY PARK ZOO PURPOSE: GENERAL SUPPORT | $10,000 |
TELLURIDE FOUNDATION PURPOSE: GENERAL SUPPORT | $2,000 |
EMERGENCY FAMILY ASSISTANCE ASSOCIA PURPOSE: GENERAL SUPPORT | $1,000 |