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← ROSE COMMUNITY FOUNDATION

Form 990 for tax year 2024

Filed by ROSE COMMUNITY FOUNDATION.

Totals

Total revenue
$47,965,197
Total expenses
$41,578,792
Contributions and grants received
$22,736,596
Grants paid
$32,701,974
Program service revenue
$870,450
Investment income
$24,287,068
Other revenue
$71,083
Total assets, end of year
$399,648,118
Total liabilities, end of year
$82,796,522
Net assets or fund balances, end of year
$316,851,596
Program services expenses (Part IX)
$37,086,988
Management and general expenses
$3,353,352
Fundraising expenses
$1,138,452
Program service expenses (Part III)
$37,086,988

Program services were 89.2% 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.

  • 1e · Government grants (contributions)

    $2,069,550

  • 1f · All other contributions, gifts and grants

    $20,667,046

  • 1g · Noncash contributions included above

    $2,040,824

  • 2a · Program service revenue: Administrative Fees

    total $750,444 · related or exempt $750,444

  • 2b · Program service revenue: Fiscal Sponsorship Fees

    total $120,006 · related or exempt $120,006

  • 3 · Investment income

    total $2,279,727 · unrelated business $118,606 · excluded $2,161,121

  • 5 · Royalties

    total $968 · excluded $968

  • 6a · Gross rents

    real property $60,002

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $60,002

  • 6d · Net rental income or loss

    total $60,002 · related or exempt $60,002

  • 7a · Gross sales of assets other than inventory

    securities $416,456,000

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

    securities $394,448,659

  • 7c · Gain or loss

    securities $22,007,341

  • 7d · Net gain or loss

    total $22,007,341 · excluded $22,007,341

  • 11a · Other revenue: Miscellaneous Revenue

    total $10,113 · excluded $10,113

  • 11e · Other revenue, total

    $10,113

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $32,701,974 · program services $32,701,974

  • 5 · Compensation of officers, directors and key employees

    total $1,321,123 · program services $739,233 · management and general $446,334 · fundraising $135,556

  • 7 · Other salaries and wages

    total $1,840,060 · program services $1,209,816 · management and general $361,035 · fundraising $269,209

  • 8 · Pension plan contributions

    total $180,582 · program services $111,339 · management and general $46,121 · fundraising $23,122

  • 9 · Other employee benefits

    total $661,144 · program services $407,633 · management and general $168,857 · fundraising $84,654

  • 10 · Payroll taxes

    total $215,215 · program services $132,692 · management and general $54,966 · fundraising $27,557

  • 11b · Fees: legal

    total $602,506 · program services $30,125 · management and general $120,501 · fundraising $451,880

  • 11c · Fees: accounting

    total $58,600 · management and general $58,600

  • 11d · Fees: lobbying

    total $35,000 · management and general $35,000

  • 11f · Fees: investment management

    total $974,697 · management and general $974,697

  • 11g · Fees: other

    total $669,632 · management and general $669,632

  • 13 · Office expenses

    total $85,215 · program services $52,540 · management and general $21,764 · fundraising $10,911

  • 14 · Information technology

    total $190,794 · program services $117,635 · management and general $48,729 · fundraising $24,430

  • 16 · Occupancy

    total $458,132 · program services $282,465 · management and general $117,007 · fundraising $58,660

  • 17 · Travel

    total $147,787 · program services $91,119 · management and general $37,745 · fundraising $18,923

  • 19 · Conferences, conventions and meetings

    total $31,154 · program services $19,208 · management and general $7,957 · fundraising $3,989

  • 22 · Depreciation, depletion and amortization

    total $125,231 · management and general $125,231

  • 23 · Insurance

    total $14,774 · program services $9,109 · management and general $3,773 · fundraising $1,892

  • 24a · Other expenses: Administrative Fees

    total $448,120 · program services $448,120

  • 24b · Other expenses: Communications

    total $369,351 · program services $295,480 · management and general $55,403 · fundraising $18,468

  • 24c · Other expenses: Grantee Convening

    total $67,779 · program services $67,779

  • 24d · Other expenses: Program and Donor Servi

    total $36,805 · program services $27,604 · fundraising $9,201

  • 24e · All other expenses

    total $343,117 · program services $343,117

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,319,352 · end of year $949,645

  • 2 · Savings and temporary cash investments

    beginning of year $17,957,000 · end of year $19,610,000

  • 3 · Pledges and grants receivable

    beginning of year $2,109,051 · end of year $1,916,667

  • 4 · Accounts receivable

    beginning of year $680,000 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $1,155,526 · end of year $1,130,526

  • 9 · Prepaid expenses and deferred charges

    end of year $211,349

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

    $12,846,999

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

    $1,035,272

  • 10c · Land, buildings and equipment, net

    beginning of year $11,919,782 · end of year $11,811,727

  • 11 · Investments: publicly traded securities

    beginning of year $221,026,472 · end of year $145,387,008

  • 12 · Investments: other securities

    beginning of year $125,781,212 · end of year $214,416,000

  • 13 · Investments: program-related

    beginning of year $1,000,000 · end of year $1,500,000

  • 14 · Intangible assets

    beginning of year $2,210,745 · end of year $1,980,593

  • 15 · Other assets

    beginning of year $734,603 · end of year $734,603

  • 17 · Accounts payable and accrued expenses

    beginning of year $156,845 · end of year $73,660

  • 18 · Grants payable

    beginning of year $3,312,248 · end of year $3,652,739

  • 25 · Other liabilities

    beginning of year $73,405,725 · end of year $79,070,123

  • 27 · Net assets without donor restrictions

    beginning of year $276,319,925 · end of year $282,467,596

  • 28 · Net assets with donor restrictions

    beginning of year $33,699,000 · end of year $34,384,000

Mission and programs · 2024

Mission

SEE SCHEDULE O. Rose Community Foundation strives to advance inclusive, engaged and equitable Greater Denver communities through values-driven philanthropy. The Foundation envisions a thriving region strengthened by its diversity and generosity, and it utilizes the varied tools at its disposal - grantmaking, advocacy and philanthropic services - to advance this aspiration. Since its founding in 1995, the Foundation has granted more than $433 million to over 3,000 organizations and initiatives, including $79 million in facilitated grantmaking from donor-advised funds. The Foundation also supports nearly 100 nonprofit organizations in creating and growing endowments to sustain their vital work into the future, currently stewarding $76 million in endowed and designated assets. The Foundation has $400 million in total assets under management and deployed more than $32 million in discretionary, restricted and donor-advised grants in 2024.

Activities or mission (Part I)

Advance inclusive, engaged & equitable Greater Denver communities with values-driven philanthropy

  • Donor Development: Donor-advised fundholders contributed $9.3 million to their funds at the Foundation. Philanthropy is most powerful when it is rooted in a donor's values and connects generosity to community needs. Rose Community Foundation is committed to supporting our donors and fundholders in meaningful and purposeful philanthropic giving.Fund Distributions: Donor-advised fundholders recommended grants totaling $10.1 million to a broad range of community interests. The Foundation's philanthropy advisors help donors articulate values, narrow their philanthropic focus and identify goals and the impact they want to make through giving, as well as facilitate giving circles.Endowment Services: The Foundation received $1.6 million in contributions for new and existing permanent endowment and designated funds for local nonprofit organizations. The Foundation paid out $1.9 million to local nonprofit organizations who have established permanent endowments and designated funds at the Foundation. Our Endowment Building Pathways are designed to give nonprofit staff and board members the training and support to integrate endowment building and legacy giving into their development work and incentives to help launch or grow an endowment fund."

    Expenses $37,086,988 · Grants $32,701,974 · Revenue $870,450

  • Grantmaking: The Foundation distributed $10.4 million in discretionary grantmaking directed by Rose Community Foundation staff, committees and trustees. Grantmaking cycles included a focus on supporting Jewish life in the region, advancing economic opportunity, and investing in the policy and advocacy ecosystem that advances inclusive, engaged and equitable Greater Denver communities.

  • Initiatives: Rose Community Foundation partnered with the city of Denver, state of Colorado and peer foundations on the Newcomers Fund which provides grants to local nonprofits that are providing services to new immigrants arriving from Central and South America. Grantmaking from that fund deployed $2.2 million to local nonprofits. The Foundation also partnered with funders statewide to launch the Colorado Safe Futures Fund which will distribute grants to support fire-arm related harm prevention. The Foundation was selected by the State of Colorado in 2022 to house the Refugee Integration Fund, which distributes federal dollars to local nonprofits serving eligible populations. The Foundation also is the fiscal sponsor for the Colorado Media Project, deploying grantmaking in support of local journalism.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Lindy Lent

    President & CEO

    Total calculated
    $386,963
    From this org
    $351,975
    From related orgs
    $0
    Other
    $34,988
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $351,975
    Bonus
    $0
    Other
    $0
    Deferred
    $22,425
    Nontaxable benefits
    $12,563
    Filer's total
    $386,963

  • Gretchen Lenamond

    Chief Financial Officer

    Total calculated
    $271,026
    From this org
    $237,025
    From related orgs
    $0
    Other
    $34,001
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $237,025
    Bonus
    $0
    Other
    $0
    Deferred
    $16,298
    Nontaxable benefits
    $17,703
    Filer's total
    $271,026

  • Sarah Kurz

    Chief Impact Officer

    Total calculated
    $209,785
    From this org
    $184,259
    From related orgs
    $0
    Other
    $25,526
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $184,259
    Bonus
    $0
    Other
    $0
    Deferred
    $12,305
    Nontaxable benefits
    $13,221
    Filer's total
    $209,785

  • Emma Schwarz

    Controller

    Total calculated
    $141,638
    From this org
    $117,883
    From related orgs
    $0
    Other
    $23,755
    Hours/week
    40

  • Mary Haynes

    Director of Talent and Administration

    Total calculated
    $141,251
    From this org
    $121,411
    From related orgs
    $0
    Other
    $19,840
    Hours/week
    40

  • Judy Altenberg

    VP of Philanthropic Services

    Total calculated
    $138,724
    From this org
    $114,544
    From related orgs
    $0
    Other
    $24,180
    Hours/week
    40

  • Kelli Rojas

    VP of Operations

    Total calculated
    $135,348
    From this org
    $111,806
    From related orgs
    $0
    Other
    $23,542
    Hours/week
    40

  • Marti Awad

    Board Chair

    Total calculated
    $0
    Hours/week
    1

  • Lisa Robinson

    Past Board Chair

    Total calculated
    $0
    Hours/week
    1

  • Barry Curtiss-Lusher

    Board Chair-Elect

    Total calculated
    $0
    Hours/week
    1

  • Morris Price

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Katherine Archuleta

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Elise Barish

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Janine Davidson PHD

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Josh Dinar

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • David Foster

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Krishna Kantheti

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Steve Kris

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Lorii Rabinowitz

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Daniel Ramos

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Matthew Rich

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Julie Selsberg

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Leslie Sidell

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Paul Washington

    Board Member

    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. 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 survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • Rose-JCC Holdings LLC

    Program Investment Holding · CO · income $0 · assets $9,865,667

    Directly controlled by Rose Community Foundation

  • Rose Foundation TOD LLC

    Lending funds to facilitate the acquisition of transit oriented properties · CO · income $17,442 · assets $619,306

    Directly controlled by Rose Community Foundation

  • Rose Gift Holdings LLC

    To hold non-cash gifts, ultimately intended for DAF or agency funds. · CO · income $2,040,824 · assets $2,204,954

    Directly controlled by Rose Community Foundation

Provenance

Return type
form_990
Tax year
2024
Filed
3 November 2025
IRS schema version
2024v5.2
Source object
202533099349301943

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

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