Vance R And Colleen H Andrus Family Foundation
- Assets
- $10.3m
- Revenue
- $470.5k
- Investments
- $9.4m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- Data as of
- 06/2023
- EIN
- 87-3080136
Organization Overview
Vance R And Colleen H Andrus Family Foundation is located in Wilmington, DE. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Vance R And Colleen H Andrus Family 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 06/2023, Vance R And Colleen H Andrus Family Foundation generated $470.5k in total revenue. All expenses for the organization totaled $219.1k during the year ending 06/2023.
Since 2022, Vance R And Colleen H Andrus Family Foundation has awarded 48 individual grants totaling $205,000. 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cameron Andrus Dir | 1 | $0 | |
Colleen Andrus Dir, Chairman Of The Board | 1 | $0 | |
Lori Andrus Dir | 1 | $0 | |
Shannon Andrus Dir, Sec | 1 | $0 | |
Vance Andrus Dir, Chairman Of The Board | 1 | $0 | |
Ashley Leary Dir, Treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,000 |
| Interest on Savings | $9,230 |
| Dividends & Interest | $199,078 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$240,587 |
| Capital Gain Net Income | $72,838 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,826 |
| Total Revenue | $470,547 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,517 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $43 |
| Printing and publications | $0 |
| Other expenses | $25,578 |
| Total operating and administrative expenses | $119,050 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $219,050 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $919,001 |
| Net Accounts receivable | $1,026 |
| 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 | $550,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,318,896 |
| 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 | $25,312 |
| Total liabilities | $25,312 |
Grants Awarded
Over the last fiscal year, Vance R And Colleen H Andrus Family Foundation has awarded $100,000 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ART STUDENTS LEAGUE OF DENVER PURPOSE: DITA AND ADULT AND YOUTH SCHOLARSHIP FUND | $10,000 |
CRISIS CENTER PURPOSE: EMERGENCY FUND AND LEGAL ADVOCACY FUND | $10,000 |
CHABOT SPACE & SCIENCE CENTER FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $3,500 |
HARRINGTON ARTS ALLIANCE FOR CREATIVE PERSONAL DEV PURPOSE: GENERAL & UNRESTRICTED | $3,500 |
FAMILY VISITOR PROGRAM OF GARFIELD COUNTY INC PURPOSE: GENERAL & UNRESTRICTED | $3,500 |
DOUGLAS COUNTY EDUCATIONAL FOUNDATION PURPOSE: STONE CANYON SCHOLARSHIP FUND | $5,000 |