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Pinnacol Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 841575318 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Pinnacol Foundation?

The Pinnacol Foundation, located in Denver, Colorado, serves as a charitable organization with a mission to support the education of children whose parents have faced tragic circumstances. Specifically, the foundation offers scholarships to the offspring of Colorado workers who have succumbed or endured permanent injuries due to work-related accidents or illnesses. To accomplish this, the foundation disburses funding to 36 various educational institutions across the state, benefiting a total of 71 deserving students. The Pinnacol Foundation's efforts continue to contribute positively to the lives of these young individuals, helping them to pursue their educational goals despite their families' hardships.


Official website here: www.pinnacol.com/foundation

Is Pinnacol Foundation legitimate?

Pinnacol Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pinnacol 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: $0

For more financial information, click here


Official website here: www.pinnacol.com/foundation

What is the mission statement of Pinnacol Foundation?

The Pinnacol Foundation's mission is centered around offering educational scholarships. Specifically, it aims to support the children of Colorado workers who have suffered a fatal or permanent injury due to a compensable work-related accident or illness. The organization fulfills this mission by providing funding to various colleges and universities, enabling these scholarships to be awarded to eligible students. The primary goal is to alleviate the financial burden of higher education for these children, thereby offering them opportunities to pursue their academic aspirations.


Official website here: www.pinnacol.com/foundation

Who is the CEO of Pinnacol Foundation?

Kathy Kranz is the Treasurer of Pinnacol Foundation.


Official website here: www.pinnacol.com/foundation

What is the revenue of Pinnacol Foundation?

Pinnacol Foundation's revenue in 2022 was $364,167.


Official website here: www.pinnacol.com/foundation

Who are the executives of Pinnacol Foundation and what are their salaries?

There 57 volunteers at Pinnacol Foundation.


Here are 12 key members and their salaries:


Edie Sonn (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Kranz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Krista O'Rourke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Mcfarland (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Carver (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Pechan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Gifford (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John O'Donnell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Ruegsegger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Craddock (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Neppel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pinnacol.com/foundation

Where can I find the form 990 for Pinnacol Foundation?

Pinnacol Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pinnacol.com/foundation

Learn more at the official website: www.pinnacol.com/foundation

Mission Statement of Pinnacol Foundation

The Pinnacol Foundation, as stated, is committed to extending financial aid in the form of scholarships to the offspring of Colorado-based workers who have tragically lost their lives or suffered permanent incapacitation due to work-related accidents or illnesses. By offering these scholarships, the organization aims to alleviate the financial burden that such incidents can inflict upon these children, thereby enabling them to pursue higher education without undue financial constraints. The Foundation has been instrumental in providing funding to numerous educational institutions across Colorado, facilitating the award of scholarships to a substantial number of deserving students.

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Impact




October, 2024

Pinnacol Foundation significantly impacts the lives of children whose parents have suffered fatal or permanent injuries due to work-related accidents or illnesses. By providing scholarships, the Foundation helps these students pursue higher education, fostering opportunities that might otherwise have been out of reach. In its recent efforts, the Foundation awarded scholarships to 71 students across 36 different colleges and universities in Colorado. This support not only alleviates financial burdens associated with education but also empowers students to build promising futures, honoring the sacrifices made by their parents in the workforce. Through its mission, Pinnacol Foundation plays a vital role in creating educational pathways for those affected by workplace tragedies.




This information is meant to be a general summary of Pinnacol 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.

Revenue
$364,167 (2022)
Expenses
$321,664 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,570
  • Gross Receipts: $570,829

Assets and Liabilities:

  • Total Assets: $1,389,976
  • Total Liabilities: $105,618
  • Net Assets: $1,284,358

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Organization Details

Founding Year

2001

Principal Officer

Kathy Kranz

Main Address

7501 East Lowry Boulevard, Denver, CO, 80230

NTEE Category

Code: B82 - Education

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