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Nonprofiteer
← DENVER FOUNDATION

Form 990 for tax year 2023

Filed by DENVER FOUNDATION.

Totals

Total revenue
$108,742,732
Total expenses
$157,373,207
Contributions and grants received
$78,233,990
Grants paid
$140,701,870
Program service revenue
$533,886
Investment income
$29,960,583
Other revenue
$14,273
Total assets, end of year
$1,218,743,437
Total liabilities, end of year
$124,175,987
Net assets or fund balances, end of year
$1,094,567,450
Program services expenses (Part IX)
$145,514,642
Management and general expenses
$9,218,890
Fundraising expenses
$2,639,675
Program service expenses (Part III)
$145,514,642

Program services were 92.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JOHN LOEWY

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • PETER KIRSCH

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • LISA ZUNIGA RAMIREZ

    TREASURER & CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    1

  • SEAN KENNEY

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • MICHELLE ADAMS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DAMON O BARRY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ALISHA BROWN

    TRUSTEE

    Total calculated
    $161,024
    From this org
    $0
    From related orgs
    $145,000
    Other
    $16,024
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $143,500 related
    Bonus
    $0 + $1,500 related
    Other
    $0
    Deferred
    $0 + $7,175 related
    Nontaxable benefits
    $0 + $8,849 related
    Filer's total
    $0 + $161,024 related

  • VERONICA CRESPIN-PALMER

    TRUSTEE (THROUGH 2/1/2023)

    Total calculated
    $0
    Hours/week
    1

  • CAREY DOBBERTIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MIRA FINE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JOE GARCIA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ISMAEL GUERRERO

    TRUSTEE (THROUGH 5/5/2023)

    Total calculated
    $0
    Hours/week
    1

  • ERIKA R MARTINEZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DR DWINITA MOSBY TYLER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MARK NEWHOUSE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CHRISTINA RAYA

    TRUSTEE (THROUGH 5/5/2023)

    Total calculated
    $0
    Hours/week
    1

  • LEE REICHERT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • RANDY ROBERTS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JULIE REISKIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KAREN ROBINSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • BRENNA SIMMONS-ST ONGE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JAVIER A SOTO

    PRESIDENT

    Total calculated
    $492,549
    From this org
    $447,372
    From related orgs
    $0
    Other
    $45,177
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $447,372
    Bonus
    $0
    Other
    $0
    Deferred
    $23,100
    Nontaxable benefits
    $22,077
    Filer's total
    $492,549

  • DANIEL LEE

    CFO (THROUGH 05/12/2023)

    Total calculated
    $129,323
    From this org
    $108,046
    From related orgs
    $0
    Other
    $21,277
    Hours/week
    45

  • COURTNEY CLAPP

    INTERIM CFO

    Total calculated
    $209,108
    From this org
    $173,738
    From related orgs
    $0
    Other
    $35,370
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $173,738
    Bonus
    $0
    Other
    $0
    Deferred
    $12,601
    Nontaxable benefits
    $22,769
    Filer's total
    $209,108

  • DACE WEST-SCHLUE

    CHIEF IMPACT OFFICER

    Total calculated
    $249,621
    From this org
    $212,445
    From related orgs
    $0
    Other
    $37,176
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $212,445
    Bonus
    $0
    Other
    $0
    Deferred
    $15,232
    Nontaxable benefits
    $21,944
    Filer's total
    $249,621

  • JASON STODDART

    VP OF TALENT & CULTURE

    Total calculated
    $156,428
    From this org
    $142,389
    From related orgs
    $0
    Other
    $14,039
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $101,692
    Bonus
    $0
    Other
    $40,697
    Deferred
    $5,158
    Nontaxable benefits
    $8,881
    Filer's total
    $156,428

  • SHARON HARPER

    SENIOR DIRECTOR OF SPECIAL FUNDS

    Total calculated
    $156,711
    From this org
    $134,204
    From related orgs
    $0
    Other
    $22,507
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $134,204
    Bonus
    $0
    Other
    $0
    Deferred
    $9,561
    Nontaxable benefits
    $12,946
    Filer's total
    $156,711

  • BENJAMIN PERRY

    SENIOR DIRECTOR OF PHILANTHROPIC INV

    Total calculated
    $161,723
    From this org
    $134,546
    From related orgs
    $0
    Other
    $27,177
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $134,546
    Bonus
    $0
    Other
    $0
    Deferred
    $9,781
    Nontaxable benefits
    $17,396
    Filer's total
    $161,723

  • ABIGAIL KESNER

    VP OF COMMUNICATION

    Total calculated
    $152,680
    From this org
    $144,900
    From related orgs
    $0
    Other
    $7,780
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $144,900
    Bonus
    $0
    Other
    $0
    Deferred
    $7,245
    Nontaxable benefits
    $535
    Filer's total
    $152,680

  • LADAWN SULLIVAN EXEC DIR

    OF BLACK RESILIENCE IN CO

    Total calculated
    $172,519
    From this org
    $142,750
    From related orgs
    $0
    Other
    $29,769
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $142,750
    Bonus
    $0
    Other
    $0
    Deferred
    $10,500
    Nontaxable benefits
    $19,269
    Filer's total
    $172,519

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
  • 4a · Severance or change-of-control payment

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4A
1. JASON STODDART $40,697 SEVERANCE PAYMENT

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • THE FOUNDATION FOR SUSTAINABLE URBAN COMMUNITIES

    501(C)(3) · DEVELOPMENT · CO · controlled entity

    Directly controlled by THE DENVER FOUNDATION

  • THE RECOVERY FOUNDATION

    501(C)(3) · TREATMENT AND RECOVERY · CO · controlled entity

    Directly controlled by THE DENVER FOUNDATION

  • SAKURA FOUNDATION

    501(C)(3) · HERITAGE AND CULTURE · CO · controlled entity

    Directly controlled by THE DENVER FOUNDATION

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.

  • PLAZA LLC

    REAL ESTATE · CO · income $2,346,284 · assets $984,143

    Directly controlled by THE DENVER FOUNDATION

  • CASA GRANDE 1009 LLC

    REAL ESTATE · CO · income -$480,809 · assets $11,466,208

    Directly controlled by THE DENVER FOUNDATION

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CHARITABLE REMAINDER TRUSTS (4)

    T · CRT · CO

    Directly controlled by THE DENVER FOUNDATION

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202433119349303518

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

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