Form 990 for tax year 2022

Totals

Total revenue

$6,466,024

Total expenses

$5,744,377

Contributions and grants received

$5,839,459

Grants paid

$2,762,112

Program service revenue

$0

Investment income

$821,057

Other revenue

-$194,492

Total assets, end of year

$32,423,293

Total liabilities, end of year

$840,252

Net assets or fund balances, end of year

$31,583,041

Program services expenses (Part IX)

$4,185,081

Management and general expenses

$997,225

Fundraising expenses

$562,071

Program service expenses (Part III)

$4,185,081

Program services were 72.9% 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.

Mission and programs · 2022

• 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 $1,160,825 · Grants $1,028,298

• COMMUNITY INVESTMENTS AND GRANTS - WFCO IMPROVES ECONOMIC OUTCOMES FOR WOMEN AND THEIR FAMILIES THROUGHOUT COLORADO BY INVESTING IN ORGANIZATIONS THAT HELP WOMEN EARN LIVABLE WAGES 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 $942,827 · Grants $674,500

• PUBLIC POLICY SUPPORT - WFCO ADVOCATES FOR PUBLIC POLICIES THAT IMPROVE OPPORTUNITIES FOR COLORADO WOMEN AND FAMILIES TO ACHIEVE ECONOMIC SECURITY BY ADDRESSING ROOT CAUSES OF POVERTY AND ADVANCING EDUCATION AND JOB TRAINING, ACCESS TO WORK SUPPORTS SUCH AS CHILD CARE, AND PAY EQUITY. IN PURSUIT OF THESE PUBLIC POLICY PRIORITIES, WFCO AWARDS GRANTS TO PUBLIC POLICY ORGANIZATIONS WITH ALIGNED GOALS OF SUPPORTING PROGRESS FOR WOMEN AND GIRLS ON THE PATH TO ECONOMIC SECURITY. WFCO ALSO EDUCATES COMMUNITY MEMBERS ABOUT OUR PUBLIC POLICY PRIORITIES AND HOW TO ENGAGE IN ADVOCACY.

  Expenses $620,101 · Grants $267,600

• 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 $1,461,328 · Grants $791,714

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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

• COBALT FOUNDATION

  $82,000

  GRANT FROM A DONOR ADVISED FUND/STAFF DISCRETIONARY

• UNIVERSITY OF COLORADO FOUNDATION

  $81,500

  GRANT FROM A DONOR ADVISED FUND

• DENVER INDIAN FAMILY RESOURCE (CHECK FOR OTHER GRANTS THAN WGOF

  $74,570

  WOMEN AND GIRLS OF COLOR FUND

• COLLABORATIVE HEALING INITIATIVE WITHIN COMMUNITIES

  $69,570

  WOMEN AND GIRLS OF COLOR FUND/DIRECT SERVICE GRANT FROM DONOR ADVISED FUND

• THE GATHERING PLACE

  $65,710

  WOMEN AND GIRLS OF COLOR FUND/GRANT FROM A DONOR ADVISED FUND

• THE SENIOR HUB

  $60,670

  WOMEN AND GIRLS OF COLOR FUND

• ALIANZA NORCO

  $59,570

  DIRECT SERVICE

• CENTER FOR COMMUNITY WEALTH BUILDING

  $59,570

  WOMEN AND GIRLS OF COLOR FUND

• CENTRO DE LA FAMILIA

  $59,570

  WOMEN AND GIRLS OF COLOR FUND

• FULL CIRCLE OF LAKE COUNTY

  $59,570

  WOMEN AND GIRLS OF COLOR FUND

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

Provenance

Return type

form_990

Tax year

2022

Filed

21 August 2023

IRS schema version

2022v5.0

Source object

202332339349301458

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

The source document this was parsed from is served over the API, which is where bulk and document access live.