Overview
What is Colorado Mountain Club Foundation?
The Colorado Mountain Club Foundation is a nonprofit organization, based in Golden, Colorado, with a mission to support stewardship, conservation, education, and various programs similar to those of the Colorado Mountain Club. Established in 2023, the foundation has already allocated a grant of $25,000 to the Colorado Mountain Club. Their primary activity revolves around raising, managing, and distributing funds for these purposes. They aim to contribute to the betterment of environmental causes and educational initiatives related to the Colorado Mountain Club and other like-minded organizations.
Official website here: www.cmcfoundation.net
What are the reviews and ratings of this charity?
Charity Navigator Rating 90%
The Colorado Mountain Club Foundation has received a Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and financial performance. The charity's overall score reflects a strong emphasis on financial health, with a program expense ratio of nearly 80%, showcasing a commitment to utilizing funds effectively for its programs.
The foundation boasts a fully independent board, which enhances its governance structure, and has no material diversion of assets, assuring donors of transparency and ethical management. Additionally, the organization maintains a well-documented policy framework, including a conflict of interest policy and retention procedures, although it lacks a whistleblower policy, which is noted as a limitation in its governance practices.
Overall, the Colorado Mountain Club Foundation demonstrates financial integrity and a strong commitment to its mission, though there is room for improvement in governance policies. Its high ratings in accountability and finance reflect positively on its operations and inspire confidence among donors.
This AI summary has been generated from information found on Charity Navigator.
Is Colorado Mountain Club Foundation legitimate?
Colorado Mountain Club Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Mountain Club Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.cmcfoundation.net
What is the mission statement of Colorado Mountain Club Foundation?
The Colorado Mountain Club Foundation's mission is to gather and dispense funds, primarily to aid the stewardship, conservation, and educational initiatives of organizations akin to the Colorado Mountain Club. Their goal is to support programs that align with the principles established by the founders of the Colorado Mountain Club in 1912. In 2023, they granted $25,000 to the Colorado Mountain Club for purposes that correspond to their mission statement.
Official website here: www.cmcfoundation.net
Who is the CEO of Colorado Mountain Club Foundation?
Sherry Richardson is the President of Colorado Mountain Club Foundation.
Official website here: www.cmcfoundation.net
What is the revenue of Colorado Mountain Club Foundation?
Colorado Mountain Club Foundation's revenue in 2023 was $180,311.
Official website here: www.cmcfoundation.net
Who are the executives of Colorado Mountain Club Foundation and what are their salaries?
There 12 volunteers at Colorado Mountain Club Foundation.
Here are 12 key members and their salaries:
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Official website here: www.cmcfoundation.net
Where can I find the form 990 for Colorado Mountain Club Foundation?
Colorado Mountain Club Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cmcfoundation.net
Learn more at the official website: www.cmcfoundation.net
Mission Statement of Colorado Mountain Club Foundation
The Colorado Mountain Club Foundation, a charitable organization, is dedicated to raising, managing, and distributing funds to support the stewardship, conservation, education, and various programs of the Colorado Mountain Club and similar organizations. This mission aligns with the original vision of the Colorado Mountain Club, established in 1912, emphasizing the importance of these areas. Specifically, the Foundation awards grants for initiatives that uphold the objectives set forth by the founders, aiming to make a significant impact in these fields. In 2023, the Foundation granted $25,000 to the Colorado Mountain Club, demonstrating their commitment to their mission.
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Impact
June, 2024
The Colorado Mountain Club Foundation's impact can be seen through its efforts to support stewardship, conservation, education, and other programs of the Colorado Mountain Club and similar organizations. By raising, managing, and distributing funds, the foundation plays a crucial role in advancing the mission of these organizations. In 2023, the foundation awarded a significant grant of $25,000 to the Colorado Mountain Club, highlighting its commitment to supporting activities that align with its founding principles. Overall, the foundation's work contributes to the preservation of the environment and the promotion of outdoor education and recreation in the state of Colorado.
This information is meant to be a general summary of Colorado Mountain Club Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $33,425
- Gross Receipts: $180,311
Assets and Liabilities:
- Total Assets: $994,741
- Total Liabilities: $409,137
- Net Assets: $585,604
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Organization Details
Founding Year
1973
Phone
(303) 279-3080Principal Officer
Sherry Richardson
Main Address
710 10TH STREET, GOLDEN, CO, 80401
Website
www.cmcfoundation.netNTEE Category
Code: C120 - Environment
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