Totals
- Total revenue
- $479,705
- Total expenses
- $609,746
- Contributions and grants received
- $312,289
- Grants paid
- $456,135
- Program service revenue
- $40,491
- Investment income
- $146,488
- Other revenue
- -$19,563
- Total assets, end of year
- $5,549,233
- Total liabilities, end of year
- $1,409,374
- Net assets or fund balances, end of year
- $4,139,859
- Program services expenses (Part IX)
- $567,791
- Management and general expenses
- $41,563
- Fundraising expenses
- $392
- Program service expenses (Part III)
- $567,791
Program services were 93.1% 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.
-
1f · All other contributions, gifts and grants
$312,289
-
2a · Program service revenue: DONOR ADMIN FEE
total $18,635 · related or exempt $18,635
-
2b · Program service revenue: DONOR DESIGNATED ADMIN
total $11,425 · related or exempt $11,425
-
2c · Program service revenue: DEVELOPMENT INCOME
total $10,431 · related or exempt $10,431
-
3 · Investment income
total $85,696 · excluded $85,696
-
7a · Gross sales of assets other than inventory
securities $288,864
-
7b · Less cost or other basis and sales expenses
securities $228,072
-
7c · Gain or loss
securities $60,792
-
7d · Net gain or loss
total $60,792 · related or exempt $60,792
-
8a · Fundraising events: gross income
$6,828
-
8b · Fundraising events: direct expenses
$26,391
-
8c · Net income from fundraising events
total -$19,563 · excluded -$19,563
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $456,135 · program services $456,135
-
5 · Compensation of officers, directors and key employees
total $65,250 · program services $48,938 · management and general $16,312
-
6 · Compensation of disqualified persons
total $12,483 · program services $9,362 · management and general $3,121
-
12 · Advertising and promotion
total $2,413 · program services $1,810 · management and general $603
-
13 · Office expenses
total $2,175 · program services $1,631 · management and general $544
-
23 · Insurance
total $347 · management and general $347
-
24a · Other expenses: FUND MANAGEMENT EXPENSE
total $38,420 · program services $28,815 · management and general $9,605
-
24b · Other expenses: FUND EXPENSE
total $24,066 · program services $14,629 · management and general $9,437
-
24c · Other expenses: FISCAL EVENT EXPENSE
total $5,891 · program services $4,418 · management and general $1,473
-
24d · Other expenses: TELEPHONE/INTERNET
total $1,691 · program services $1,691
-
24e · All other expenses
total $875 · program services $362 · management and general $121 · fundraising $392
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $840,839 · end of year $828,982
-
11 · Investments: publicly traded securities
beginning of year $4,952,999 · end of year $4,720,251
-
17 · Accounts payable and accrued expenses
beginning of year $1,377,400 · end of year $1,409,374
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $4,416,438 · end of year $4,139,859
Mission and programs · 2022
Mission
THE MISSION AND PURPOSE OF THE MONTROSE COMMUNITY FOUNDATION IS TO:* SEEK AND EMBRACE INNOVATIVE IDEAS.* CONNECT CHARITABLE DONORS TO COMMUNITY CAUSES.* PROMOTE WORTHWHILE COMMUNITY PROJECTS AND PARTNERSHIPS.* GROW AND MANAGE PERMANENT ENDOWMENT FUNDS.* PROVIDE GRANTS AND OTHER SUPPORT TO EFFECTIVE COMMUNITY ORGANIZATIONS.* FACILITATE ESTATE AND LEGACY GIVING.
Activities or mission (Part I)
COMMUNITY FOUNDATION WHOSE PRIMARY PURPOSE IS TO SUPPORT LOCAL NON-PROFIT ORGANIZATIONS.
-
FACILITATING ENTITY BEHIND MULTIPLE COMMUNITY PROJECTS INVOLVING EDUCATION, YOUTH ACTIVITIES, INFRASTRUCTURE AND COMMUNITY SERVICE.
Expenses $567,791 · Grants $456,135 · Revenue $101,283
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
SARA PLUMHOFF
EXECUTIVE DIRECTOR
- Total calculated
- $69,333
- From this org
- $69,333
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
SARAH ABBOTT
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
LAIRD LANDON
BOARD CHAIRMAN
- Total calculated
- $0
- Hours/week
- 3
-
VIN SINGH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MARK SMITH
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 3
-
TERRY MCCOIGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SCOTT WHITTMAN
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
IAN ATHA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ROSS VALDEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MEREDITH FISHERING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 28 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303389349300950
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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