Community Foundation

Montrose Community Foundation

Montrose Community Foundation is a Community Foundation headquartered in Montrose, CO. Financial data from the 2024 filing: $2.2M revenue, $1.7M expenses, $7.2M total assets. 30 publicly reported grants to this organization, totaling roughly $424K, appear in IRS filings.

EIN: 841128761 Montrose, CO Latest filing: 2024
Total Revenue$2.2M
Total Expenses$1.7M
Total Assets$7.2M
Grant Records30
Funding Total$424K
Filing Years2020–2024

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

Where $100 goes at Montrose Community Foundation

How Montrose Community Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$89 Programs the work itself
$11 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $89 for programs

$89
Facilitating Entity Behind Multiple Community Projects Involving Education, Youth Activities, Infrastructure and Community Service
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director David Mize
Executive Director Diane Bridges
Director Jenny Abbott
DIrector Laird Landon
Director Mark Smith
Secretary/Treasurer Ross Valdez

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$287,109 22 grants
Education
$65,000 2 grants
Economic Development
$20,750 1 grant
Health & Medicine
$12,300 1 grant
Unspecified
$39,000 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.2M $1.7M $7.2M
2023 $1.7M $1.3M $6.4M
2022 $480K $610K $5.5M
2021 $1.4M $1.1M $5.7M
2020 $1.2M $1.2M $4.7M

Between 2020 and 2024, reported annual revenue grew from $1.2M to $2.2M (+80%), with total assets most recently reported at $7.2M.

Interactive year-over-year charts and full filing details available with membership.

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