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Nonprofiteer
← WOMENS FOUNDATION OF COLORADO INC

Form 990 for tax year 2025

Filed by WOMENS FOUNDATION OF COLORADO INC.

Totals

Total revenue
$10,470,370
Total expenses
$8,578,643
Contributions and grants received
$9,406,512
Grants paid
$5,392,328
Program service revenue
$0
Investment income
$1,304,950
Other revenue
-$241,092
Total assets, end of year
$40,538,924
Total liabilities, end of year
$496,672
Net assets or fund balances, end of year
$40,042,252
Program services expenses (Part IX)
$6,858,552
Management and general expenses
$1,100,803
Fundraising expenses
$619,288
Program service expenses (Part III)
$6,858,552

Program services were 79.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $800,517

  • 1f · All other contributions, gifts and grants

    $8,605,995

  • 1g · Noncash contributions included above

    $899,308

  • 3 · Investment income

    total $1,186,378 · excluded $1,186,378

  • 7a · Gross sales of assets other than inventory

    securities $5,456,355

  • 7b · Less cost or other basis and sales expenses

    securities $5,337,783

  • 7c · Gain or loss

    securities $118,572

  • 7d · Net gain or loss

    total $118,572 · excluded $118,572

  • 8a · Fundraising events: gross income

    $72,200

  • 8a · Fundraising events: contributions included on line 1c

    $800,517

  • 8b · Fundraising events: direct expenses

    $315,072

  • 8c · Net income from fundraising events

    total -$242,872 · excluded -$242,872

  • 11a · Other revenue: MISCELLANEOUS

    total $1,780 · related or exempt $1,780

  • 11e · Other revenue, total

    $1,780

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,392,328 · program services $5,392,328

  • 5 · Compensation of officers, directors and key employees

    total $501,298 · program services $176,440 · management and general $231,943 · fundraising $92,915

  • 7 · Other salaries and wages

    total $1,442,640 · program services $641,078 · management and general $415,942 · fundraising $385,620

  • 9 · Other employee benefits

    total $171,059 · program services $83,549 · management and general $47,450 · fundraising $40,060

  • 10 · Payroll taxes

    total $131,947 · program services $48,546 · management and general $54,908 · fundraising $28,493

  • 11f · Fees: investment management

    total $121,401 · management and general $121,401

  • 11g · Fees: other

    total $268,696 · program services $162,237 · management and general $99,719 · fundraising $6,740

  • 12 · Advertising and promotion

    total $12,601 · program services $11,539 · management and general $327 · fundraising $735

  • 13 · Office expenses

    total $105,244 · program services $64,674 · management and general $30,001 · fundraising $10,569

  • 14 · Information technology

    total $181,528 · program services $134,948 · management and general $27,823 · fundraising $18,757

  • 16 · Occupancy

    total $75,980 · program services $32,111 · management and general $25,369 · fundraising $18,500

  • 17 · Travel

    total $128,610 · program services $74,578 · management and general $40,583 · fundraising $13,449

  • 19 · Conferences, conventions and meetings

    total $18,288 · program services $15,155 · management and general $1,558 · fundraising $1,575

  • 24e · All other expenses

    total $27,023 · program services $21,369 · management and general $3,779 · fundraising $1,875

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $158,390 · end of year $130,360

  • 3 · Pledges and grants receivable

    beginning of year $337,092 · end of year $1,217,321

  • 4 · Accounts receivable

    beginning of year $402,221 · end of year $474,101

  • 9 · Prepaid expenses and deferred charges

    beginning of year $144,776 · end of year $224,467

  • 10a · Land, buildings and equipment: cost or other basis

    $24,311

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $10,225 · end of year $24,311

  • 11 · Investments: publicly traded securities

    beginning of year $30,042,503 · end of year $32,495,199

  • 12 · Investments: other securities

    beginning of year $3,265,900 · end of year $3,895,020

  • 15 · Other assets

    beginning of year $2,078,294 · end of year $2,078,145

  • 17 · Accounts payable and accrued expenses

    beginning of year $845,893 · end of year $421,548

  • 18 · Grants payable

    beginning of year $23,989 · end of year $40,457

  • 19 · Deferred revenue

    beginning of year $10,000 · end of year $34,667

  • 27 · Net assets without donor restrictions

    beginning of year $16,603,737 · end of year $17,142,147

  • 28 · Net assets with donor restrictions

    beginning of year $18,955,782 · end of year $22,900,105

Mission and programs · 2025

Mission

CATALYZING COMMUNITY TO ADVANCE AND ACCELERATE ECONOMIC OPPORTUNITIES FOR COLORADO WOMEN AND THEIR FAMILIES.

Activities or mission (Part I)

CATALYZING COMMUNITY TO ADVANCE AND ACCELERATE ECONOMIC OPPORTUNITY FOR COLORADO WOMEN AND FAMILIES.

  • COMMUNITY INVESTMENTS AND GRANTS - WFCO IMPROVES ECONOMIC OUTCOMES FOR WOMEN AND THEIR FAMILIES THROUGHOUT COLORADO BY INVESTING IN ORGANIZATIONS THAT HELP WOMEN INCREASE THEIR INCOME AND ADVANCE TOWARD ECONOMIC SECURITY. WITH GRANTS MADE THROUGH THE WFCO ENDOWMENT AND SEVERAL DONOR-ADVISED FUNDS, WFCO INVESTED IN DIRECT-SERVICES THAT PROVIDE JOB TRAINING PROGRAMS, SUPPORT FOR SECURING AND MAINTAINING EMPLOYMENT, AND HOLISTIC SERVICES TO MEET THE NEEDS OF WOMEN AND THEIR FAMILIES.

    Expenses $3,358,193 · Grants $2,970,250

  • DONOR-DRIVEN GRANTMAKING AND PHILANTHROPY - THE WOMEN'S FOUNDATION OF COLORADO (WFCO) HOLDS A NUMBER OF GIVING VEHICLES THAT ASSIST INDIVIDUALS AND GROUPS OF INDIVIDUALS IN THEIR PHILANTHROPIC GOALS TO PROMOTE PHILANTHROPY BY AND FOR WOMEN. THESE FUNDS INCLUDE DONOR-ADVISED FUNDS, FIELD OF INTEREST FUNDS, GROUP-ADVISED FUNDS, AND GIVING CIRCLES. WFCO STAFF CONDUCTS DUE DILIGENCE ON EACH GRANTMAKING RECOMMENDATION MADE BY FUND HOLDERS WHICH IS MONITORED BY THE BOARD. ON OCCASION, FUND ADVISORS CO-INVEST IN WFCO'S COMMUNITY INVESTMENTS AND GRANT PUBLIC POLICY SUPPORT.

    Expenses $1,988,301 · Grants $1,810,728

  • COMMUNITY ENGAGEMENT - TO INSPIRE AND MOTIVATE INDIVIDUALS TO JOIN THE MOVEMENT TO STRENGTHEN THE COMMUNITY BY IMPROVING ECONOMIC OPPORTUNITIES AND OUTCOMES FOR COLORADO WOMEN AND THEIR FAMILIES, THE WOMEN'S FOUNDATION OF COLORADO GATHERS AND SHARES RESEARCH TO INFORM OUR PROGRAMMATIC AND POLICY WORK, CONNECTS WITH COMMUNITY MEMBERS AT ITS ANNUAL LUNCHEON AND COMMUNITY EDUCATION EVENTS THROUGHOUT THE STATE.

    Expenses $775,235 · Grants $66,549

  • PUBLIC POLICY SUPPORT - WFCO ADVOCATES FOR PUBLIC POLICIES THAT EXPAND OPPORTUNITIES FOR COLORADO WOMEN AND FAMILIES TO ACHIEVE ECONOMIC SECURITY BY ADDRESSING ROOT CAUSES OF POVERTY AND PROVIDING HOLISTIC AND FLEXIBLE RESOURCES TO WOMEN AND THEIR FAMILIES, IMPROVING ACCESS TO CHILDCARE, HOUSING STABILITY, BASIC NEEDS, AND PAY EQUITY, AND PROTECTING WOMEN'S RIGHTS. IN PURSUIT OF THESE PUBLIC POLICY PRIORITIES, WFCO AWARDS GRANTS TO PUBLIC POLICY ORGANIZATIONS WITH ALIGNED GOALS ADVANCING GENDER, RACIAL, AND ECONOMIC EQUITY. WFCO ALSO EDUCATES COMMUNITY MEMBERS ABOUT OUR PUBLIC POLICY PRIORITIES AND HOW TO ENGAGE IN ADVOCACY.

    Expenses $736,823 · Grants $544,800

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mary Ann Littler

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Allison Gambill

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Jodi Rogers

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Lori Feehan

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Tania Zeigler

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Dawn Bookhardt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sandy Cook

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Dunn

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Helen Gair

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Lupita Garcia

    BOARD MEMBER

    Total calculated
    $1,250
    From this org
    $1,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Betsy Mordecai-Heyman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • John Mullaney

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Stephanie O'Malley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sara Reynolds

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Ruth Rohs

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Patty Salazar

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tara Smith

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Cody Teets

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Carly Wendt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Renee Ferrufino

    PRESIDENT/CHIEF EXECUTIVE OFFICER

    Total calculated
    $261,622
    From this org
    $236,932
    From related orgs
    $0
    Other
    $24,690
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $236,432
    Bonus
    $500
    Other
    $0
    Deferred
    $19,063
    Nontaxable benefits
    $6,414
    Filer's total
    $262,409

  • Jennifer Kilpatrick

    CHIEF FINANCIAL OFFICER

    Total calculated
    $174,243
    From this org
    $135,109
    From related orgs
    $0
    Other
    $39,134
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $135,109
    Bonus
    $0
    Other
    $0
    Deferred
    $5,833
    Nontaxable benefits
    $34,018
    Filer's total
    $174,960

  • Louise Myrland

    VICE PRESIDENT OF PROGRAMS

    Total calculated
    $188,518
    From this org
    $169,620
    From related orgs
    $0
    Other
    $18,898
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $169,620
    Bonus
    $0
    Other
    $0
    Deferred
    $13,898
    Nontaxable benefits
    $5,787
    Filer's total
    $189,305

  • Lisa Christie

    VICE PRESIDENT OF COMMUNICATIONS

    Total calculated
    $183,750
    From this org
    $156,597
    From related orgs
    $0
    Other
    $27,153
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,097
    Bonus
    $500
    Other
    $0
    Deferred
    $12,879
    Nontaxable benefits
    $15,016
    Filer's total
    $184,492

  • Margaret Stoot

    VICE PRESIDENT OF DEVELOPMENT

    Total calculated
    $160,015
    From this org
    $133,277
    From related orgs
    $0
    Other
    $26,738
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $132,777
    Bonus
    $500
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $27,274
    Filer's total
    $160,551

  • Tommie Mailey

    CONTROLLER

    Total calculated
    $134,233
    From this org
    $130,900
    From related orgs
    $0
    Other
    $3,333
    Hours/week
    40

  • Camisha Lashbrook

    DIRECTOR OF GRANTMAKING

    Total calculated
    $116,100
    From this org
    $107,567
    From related orgs
    $0
    Other
    $8,533
    Hours/week
    40

  • Lauren Casteel

    FORMER OFFICER

    Total calculated
    $310,990
    From this org
    $304,175
    From related orgs
    $0
    Other
    $6,815
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $77,368
    Bonus
    $0
    Other
    $226,807
    Deferred
    $6,233
    Nontaxable benefits
    $722
    Filer's total
    $311,130

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4A
LAUREN CASTEEL, FORMER PRESIDENT AND CHIEF EXECUTIVE OFFICER, RETIRED IN JANUARY 2025 AND RECEIVED A SEVERANCE PAYMENT OF $226,807. THIS AMOUNT WAS REPORTED AS DEFERRED COMPENSATION FOR CALENDAR YEAR 2024, PAID IN THREE SEPARATE INSTALLMENTS DURING CALENDAR YEAR 2025, AND IS REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III) FOR THE CURRENT REPORTING PERIOD.
PART I, LINE 7
THE FOUNDATION ANNUALLY REVIEWS THE PERFORMANCES OF THE EXECUTIVE STAFF AND OTHER STAFF TO DETERMINE IF ADDITIONAL COMPENSATION IN THE FORM OF COST OF LIVING ADJUSTMENTS OR SALARY MARKET ADJUSTMENTS WILL BE PAID.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2025
Filed
9 September 2026
IRS schema version
2025v4.2
Source object
202632589349301133

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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