Overview
What is Telluride Foundation?
The Telluride Foundation is a nonprofit organization situated in Telluride, Colorado. Established in 2000, it has been instrumental in awarding over $75 million in grants through its Community and Special Initiatives programs, funded by generous donors. The Community Grants Program, which awards approximately $1 million annually, supports eligible 501(c)(3) nonprofits serving San Miguel, Ouray, and Western Montrose counties. Special Initiatives Grants, decided by the Board of Directors, are awarded for large, highly leveraged collaborations or multi-year projects. The Foundation's mission is to enhance the quality of life for residents, visitors, and workforce in the Telluride region by investing in initiatives that foster self-reliance and stimulate meaningful change. By providing leadership in philanthropy, strengthening community groups, and serving as a responsible steward for entrusted funds, the Telluride Foundation strives to preserve and enrich the region. With a dedicated workforce of 11 individuals, the Foundation plays a significant role in the Telluride community.
Official website here: www.telluridefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Star rating)
The Telluride Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its high standards of accountability and finance. With a perfect score of 100 in this category, the foundation demonstrates strong financial health, characterized by no material diversion of assets and an efficient fundraising strategy that yields significant program expenses—89.67% of total expenditures are directed towards programs.
In terms of governance, the foundation showcases a robust independent board, consisting of 30 members, which significantly enhances its accountability structure. The policies for conflict of interest, whistleblower protections, and document retention illustrate a commitment to transparency and ethical management practices.
While the foundation scores slightly lower in the Culture & Community category, achieving 85%, it still displays a commitment to equity strategies. This balance of financial excellence and community engagement highlights the foundation's overall effectiveness in serving its mission while maintaining high operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Telluride Foundation legitimate?
Telluride Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Telluride 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $846,238
For more financial information, click here
Official website here: www.telluridefoundation.org
What is the mission statement of Telluride Foundation?
The Telluride Foundation strives to enhance the quality of life for the local community, including residents, visitors, and workforce. They achieve this by taking a leading role in philanthropy, strengthening community groups, acting as a responsible steward for entrusted funds, and supporting activities that celebrate community spirit. The foundation's initiatives and investments are designed to maximize benefits for all, foster self-reliance, and bring about meaningful change.
Official website here: www.telluridefoundation.org
Who is the CEO of Telluride Foundation?
Jason Corzine is the Chair - Executive Board of Telluride Foundation. The CEO's salary of Telluride Foundation is $72,197 and their total compensation is $80,498.
Official website here: www.telluridefoundation.org
What is the revenue of Telluride Foundation?
Telluride Foundation's revenue in 2022 was $3,726,350.
Official website here: www.telluridefoundation.org
Who are the executives of Telluride Foundation and what are their salaries?
The average compensation at Telluride Foundation during 2022 was $76,931. There are 11 employees and 25 volunteers at Telluride Foundation.
Here are 25 key members and their salaries (Telluride Foundation's CEO's salary is $72,197 and their total compensation is $80,498):
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- Compensation: $201,476
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- Other: $64,571
- Compensation: $72,197
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- Other: $8,301
Official website here: www.telluridefoundation.org
Where can I find the form 990 for Telluride Foundation?
Telluride Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.telluridefoundation.org
Learn more at the official website: www.telluridefoundation.org
Mission Statement of Telluride Foundation
The Telluride Foundation, a dedicated organization, is committed to enhancing the quality of life for the local residents, visitors, and workforce in its region. This is achieved by initiating and backing projects that benefit the community as a whole, fostering self-reliance, and spearheading meaningful change. In addition, the foundation plays a significant role in philanthropy, strengthening community organizations, serving as a responsible overseer for entrusted funds, and supporting activities that celebrate community spirit. The Telluride Foundation's mission, in essence, is to preserve and enrich the community's wellbeing, thereby ensuring a prosperous and fulfilling life for all its inhabitants.
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Impact
July, 2024
Telluride Foundation's impact is significant in enriching the quality of life for residents, visitors, and the workforce in the Telluride region. Through grants and assistance programs, the foundation has awarded over $75 million since its inception in 2000. It provides support to various initiatives that nurture self-reliance and create meaningful change in the community. The foundation's commitment to providing leadership in philanthropy, strengthening community groups, and responsibly stewarding funds demonstrates its dedication to celebrating and supporting the community's well-being.
This information is meant to be a general summary of Telluride 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 2022.
- Investment Income: -$516,442
- Program Service Revenue: $303,278
- Gross Receipts: $10,531,641
Assets and Liabilities:
- Total Assets: $15,702,846
- Total Liabilities: $2,595,481
- Net Assets: $13,107,365
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUND MANAGEMENT FEES
Revenue
$217,706
OTHER PROGRAM INCOME
Revenue
$35,424
PROGRAM EVENTS
Revenue
$33,760
PROGRAM FEES
Revenue
$16,388
Organization Details
Founding Year
2000
Phone
(970) 728-8717Principal Officer
Jason Corzine
Main Address
PO BOX 4222, TELLURIDE, CO, 81435
Website
www.telluridefoundation.orgNTEE Category
Code: N71 - Recreation
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