Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $48,046,126

• 1f · All other contributions, gifts and grants

  $7,064

• 3 · Investment income

  total $3,115,327 · excluded $3,115,327

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $45,176,898 · program services $45,176,898

• 5 · Compensation of officers, directors and key employees

  total $221,782 · management and general $221,782

• 7 · Other salaries and wages

  total $1,267,063 · management and general $1,267,063

• 8 · Pension plan contributions

  total $48,322 · management and general $48,322

• 9 · Other employee benefits

  total $154,244 · management and general $154,244

• 10 · Payroll taxes

  total $127,534 · management and general $127,534

• 11b · Fees: legal

  total $17,340 · management and general $17,340

• 11c · Fees: accounting

  total $112,446 · management and general $112,446

• 11f · Fees: investment management

  total $111,250 · management and general $111,250

• 11g · Fees: other

  total $227,177 · management and general $227,177

• 13 · Office expenses

  total $23,498 · management and general $23,498

• 14 · Information technology

  total $59,592 · management and general $59,592

• 16 · Occupancy

  total $99,279 · management and general $99,279

• 17 · Travel

  total $9,178 · management and general $9,178

• 19 · Conferences, conventions and meetings

  total $31,065 · management and general $31,065

• 23 · Insurance

  total $8,056 · management and general $8,056

• 24a · Other expenses: OTHER

  total $6,462 · management and general $6,462

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $25,301,426 · end of year $39,788,336

• 2 · Savings and temporary cash investments

  beginning of year $2,607,197 · end of year $1,072,879

• 3 · Pledges and grants receivable

  beginning of year $5,868,567

• 9 · Prepaid expenses and deferred charges

  beginning of year $87,156 · end of year $98,019

• 11 · Investments: publicly traded securities

  beginning of year $54,730,054 · end of year $59,664,842

• 17 · Accounts payable and accrued expenses

  beginning of year $135,347 · end of year $140,471

• 18 · Grants payable

  beginning of year $32,845,478 · end of year $37,219,186

• 25 · Other liabilities

  end of year $1,497,079

• 27 · Net assets without donor restrictions

  beginning of year -$1,671,612 · end of year $2,905,137

• 28 · Net assets with donor restrictions

  beginning of year $57,285,187 · end of year $58,862,203

The filer's explanations (Part III)

SCHEDULE J, PART III

THE EXECUTIVE DIRECTOR IS THE ONLY OFFICER WHO IS COMPENSATED BY CARING FOR DENVER FOUNDATION FOR SERVICES PROVIDED TO THE FOUNDATION. THE RELATED ORGANIZATION COMPENSATION DISCLOSED FOR OTHER BOARD MEMBERS AND OFFICERS IS FOR SERVICES PROVIDED TO THE CITY AND COUNTY OF DENVER AS EMPLOYEES OF THE CITY AND COUNTY. THIS COMPENSATION IS PAID BY THE CITY AND COUNTY, NOT THE FOUNDATION, AND IS NOT FOR SERVICES PROVIDED TO THE FOUNDATION.